2011 in Review From The Death of Osama Bin Laden to The Death of Moammar Gadhafi
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2011 in Review From The Death of Osama Bin Laden to The Death of Moammar Gadhafi

A review of the economic crisis in 2011 and deaths of Osama Bin Laden and Moammar Gadhafi. This year's famine in Somalia and the Horn of Africa was also fueled by rising prices, war and neglect.

Here are some of the most important stories of 2011. Part 2

Osama Bin Laden

No review of the year 2011 can omit the finding and subsequent killing of Osama Bin Laden hailed as the world’s most hated terrorist by many people. Of course there are so many terrorists that everyone can pick and choose their favorite terrorist to share this crown of shame. After almost 10 years of infamy Bin Laden was finally found in Pakistan and killed by the American Navy Seals on May 4. His body was disposed at sea. A far different outcome than Sadaam Hussain http://en.wikipedia.org/wiki/Execution_of_Saddam_Hussein of who was tried and then beheaded with a world broadcast of the event in December of 2006.

Economy

The Greek Debt Crisis

The potential fall of the Greek economy has made news since the spring. Last year Greece borrowed 110 million Euros from the International Debt Fund. The country is still in economic turmoil and is unable to repay the debt. The Greece government continue to impose harsh measures upon their citizens in an effort to cut spending.

Italy also is flailing economically as well as other European countries putting the whole economic structure of Europe in jeopardy. Italian Prime Minister Silvio Berlusconi was forced to resign and now the European nations are seriously debating the value of the Euro and its current economic structure.

USA loses is AAA credit rating

USA loses its AAA credit rating after a warning from credit rating agency Standard & Poor's to provide a solid plan to curtail debt. “The US "supercommittee" failed to agree on a deficit-reduction package of at least $1.2 trillion dollars.

Somalia famine

The Somalia famine continues to plague the horn of Africa in Kenya, Somalia, Ethiopia, and Djibouti. The drought is brought on by spiraling prices, neglect and war in the region. Millions of dollars have been donated by International countries but the famine prevails.

The death of Moammar Gadhafi

Gadhafi was the tyrant ruler since 1969. The dictator squashed any form of free expression in his country. He had run-ins with the US over the years and settled down on the international scene but was brutal with his people until they finally rebelled and killed him in the streets.

This year saw uprising everywhere in the middle east a sign of the times with an oppression people wanting democracy and change.

More events to follow

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Comments (2)

Great review on this events Carol.

thanks Ron

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