The Roundup – Monday 23 July 2012

Hitting the headlines today…

James Holmes in court

Batman Gunman Makes First Appearance in Court

The man who killed 12 and injured 58 people in a shooting spree at a screening of the new Batman film appeared in court today.

James Holmes sat silent in a prison jumpsuit with his hair dyed bright orange. He seemed dazed and was unable to look at some of the wounded victims who were looking on.

President Obama visited the victims’ families as well as those wounded in hospital, yet there was no talk about American gun laws.

Chemical Weapons Threat Issued By Syria

President Bashar al-Assad’s government has threatened to deploy potentially devastating chemical weapons if there is an attack from external powers.

The foreign ministry spokesman Jihad Makdissi insisted that weapons would only be used against foreign forces and not against its own people.

Many have seen this warning as an admittance by Syria that they possess chemical weapons, although if true, would not be surprising.

Earlier today Arab League called for President Assad to step down, but the call was rejected by the regime.

Spain Could Be Next To Tumble In The Eurozone

Spain is in trouble unless drastic measures are taken

Interest rates on Spain’s 10-year borrowing rose to 7.59% and the stock market in Madrid fell by 5% prompting fears that Spain may have to take a €300bn bailout from the European Union and the International Monetary Fund.

Germany’s finance minister, Wolfgang Schäuble, will meet his Spanish counterpart, Luis de Guindos, for crisis talks on Tuesday in an attempt to work towards a solution.

Spain is the Eurozone’s fourth biggest economy and any bailout would dwarf the packages already in place for Greece, Ireland and Portugal, as well as putting pressure on Italy.

Luis de Guindos claimed that Spain would not need a formal bailout but media reports in Spain suggest that several regions in Spain could need financial assistance.

Iraq Attacks Leave Over 100 Dead

A series of bombings and shootings has devastated Iraq, claiming the lives of at least 106 people and injuring nearly 200 across the country according to officials.

The co-ordinated attacks took place across 15 cities within minutes of each other and struck mostly security forces and government officials.

The attack comes days after the leader of al-Qaeda in Iraq claimed the group was reorganising in areas that they were forced to withdraw from when there was US military presence.

Today’s attack was the worst since US troops left.

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