Monday 23rd July

Berlin, IMF To Refuse Fresh Aid for Greece
Greece has fallen behind with its budget cuts and is asking lenders for more time to meet the conditions of the 130 billion euro aid package. But that would require fresh help of up to 50 billion euros, SPIEGEL has learned. Neither Berlin nor the IMF are prepared to make that money available.
{http://www.spiegel.de/international/europe/germany-and-imf-to-refuse-greece-further-financial-aid-reports-say-a-845860.html}

Searching for Clues to Calamity
SO far 2012 is on pace to be the hottest year on record. But does this mean that we’ve reached a threshold — a tipping point that signals a climate disaster?
{http://www.nytimes.com/2012/07/21/opinion/the-climate-change-tipping-point.html?_r=1&partner=rss&emc=rss}

Canadians, sell you house!
{http://worthwhile.typepad.com/worthwhile_canadian_initi/2012/07/mortgage-rates.html}