Every Wednesday you will find links and top-line summaries of current events around the globe.
Jewellery Raid Haul Put At $65.9 Million [BBC]
- Two men with handguns threatened staff at Graff jewellers on New Bond Street on August 6 before taking 43 items estiamted at $65.9 million USD
- The “smartly dressed” pair escaped in a blue BMW. They fired once while leaving the store and then again on Dover Street where they abandoned the car for another
- The same store has been targeted by robbers before. Jewellery worth an estimated $37.9 million was stolen in a raid in 2003 when two Serbians armed with a revolver held up staff
Series of Bombings in Iraq Targets Shiites [Wall Street Journal]
- Two dump trucks packed with 6,600 pounds of high-grade explosives flattened a large swath of a Shiite village in northern Iraq on Monday, while a string of smaller bombs rocked Baghdad
- The attacks, which left at least 45 people dead across the country, are part of a wave of violence aimed at rekindling the sectarian bloodshed that swept Iraq in 2006 and 2007, according to U.S. and Iraqi officials
- The blasts flattened nearly 40 homes, killing at least 28 people and burying. A series of at least eight smaller bomb attacks struck the capital, Baghdad, on Monday, killing 17 people
G.M. Puts Electric Car’s City Mileage in Triple Digits [New York Times]
- General Motors said Tuesday that its Chevrolet Volt extended-range electric vehicle, scheduled for release in 2011, would achieve a fuel rating of 230 miles a gallon in city driving
- The rating number, based on methodology drafted by the EPA is somewhat abstract given that much of the city driving of electric vehicles will rely solely on the battery charge
- Nissan said last week that its all-electric vehicle, the Leaf, which is scheduled to come out in late 2010, would get 367 mpg using the same EPA standards
Scores Dead and Hundreds Feared Missing From Typhoons [New York Times]
- The toll from the deadly Typhoon Morakot in the Pacific threatens to soar as huge mudslides buried a rural village in south-central Taiwan and at least six apartment buildings in coastal China, leaving hundreds of people missing
- Typhoon Morakot is reported to have killed 8 people in China and at least 36 in Taiwan and the Philippines, with dozens more reported missing
- Typhoon Etau, which struck Japan’s west coat on Monday, has killed 13 people and left 10 others missing, news agencies reported
- Mexico Mountain Meth Lab May Be Top Drug Lord’s Hide-Out [Reuters]
- Costa Rican President Has H1N1 Flu [New york Times]
- China Charges 4 Rio Tinto Employees [New York Times]
- Afghan Leader Courts the Warlord Vote [New York Times]
- U.S. Banks To Make $38 Billion From Overdraft Fees: Report [Reuters]
- Facebook buys social media start-up FriendFeed [Reuters]
- For Private Equity, a Very Public Disaster [New York Times]
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