It's been raining heavily for months in Bangkok, and the river that runs through the city is spilling over its banks. The government has declared a five-day holiday and urged residents to leave the sprawling city.
The deal that is supposed to solve the European debt crisis has been unveiled, and financial markets like what they see — even though there isn't a lot of detail on some parts. Banks will take a big hit on Greek debt, the eurozone's bailout fund will be robust and a plan to recapitalize European banks emerged.
European leaders hammered out a deal early Thursday morning to pull Greece back from the edge of default and provide a bigger buffer of cash for other vulnerable EU countries. The details, though, remain to be worked out, and many experts question whether meltdowns will spread across the Eurozone.
The U.N. Security Council decided that there was no need for U.N.-authorized military action following the death of Gadhafi on Oct. 20 and the transitional government's announcement of the country's liberation on Oct. 23.
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