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Inflation up 4 percent in June for 15 euro-using nations: European Central Bank likely to raise rates by quarter point to 4.25%. | RTT News
Saudi Arabia promises oil production increase: Saudi oil minister seeks to calm worldwide anxiety, pledging to boost output by 200,000 barrels a day for rest of the year if needed, adding to current production of about 9.5 million barrels daily; global market calls for about 86 million barrels a day. | Wall Street Journal
Mexico freezes prices on more than 150 food items to fight inflation: Government makes deal with Confederation of Industrial Chambers, an umbrella group of industry organizations; food processors want help, too. | Bloomberg
Eleven senators want Bush administration to file World
Trade Organization complaint against OPEC group: 10 Democrats and one independent say OPEC violates GATT trade pact that prohibits
nations from setting quotas or imposing import restrictions. | Forbes
Secretary of State Condoleezza Rice signs landmark missile defense deal with Czech Republic.: Russia threatens military response to perceived threat from accord that permits U.S. tracking radar station on Czech soil. | AFP
G8 summit sets goal of cutting carbon emission in half by 2050: Environmentalists say that's pathetic. The U.S. won't set interim goals. The goal appears the same as one set 16 years ago. | BBC
Burma revokes 1990 win by democracy leader Aung San Suu Kyi's party: Military government says new constitution invalidates previous national election, won in landslide by Suu Kyi's National League for Democracy. | AFP
President Bush hits it off with Russia's Medvedev at first meeting for pair at G-8 meeting: World leaders also debate what to do about Zimbabwe, global warming. | Washington Post
Explosion in Kabul kills 40: A suicide bomber outside the Indian Embassy also injured more than 140, making this one of the most damaging attacks in Kabul. No group has claimed responsibility, but the Taliban is reasserting itself. | New York Times
Colombia announces rescue of 15 hostages, including 3 Americans, former presidential candidate: Ingrid Betancourt had been held by insurgent group FARC since 2002; U.S. contractors were taken in '03 after drug surveillance plane crashed.| New York Times
Attack with bulldozer kills three in Jerusalem: A Palestinian not affiliated with terrorist groups drove into a bus and several cars before being shot. | BBC
Conservationists push for more protection of whales instead of "managing" how many are killed: International Whaling Commission's annual conference opens with proposal to establish whale sanctuary in Southern Atlantic. | Guardian
From KETC, Living St. Louis Producer Patrick Murphy visits
Granite City, Illinois, a community hard hit by the mortgage
crisis—with as many as 120 foreclosure cases each month. Illinois has a
judicial foreclosure system that gives you more time before losing your
home. The foreclosure begins with a lawsuit and has to be approved by a
judge which can take as long as a year. If you're facing a mortgage
crisis, the most important thing to do is to ask your lender questions
and seek help.
See more coverage: Facing the Mortgage Crisis
Civic Progress served the region well, but changes in the corporate and banking world created a need for a new leaders. The obvious place to look is to the higher education system, writes lawyer John Roach.
Columnist M.W. Guzy looks at an overview of the 2004 election and wonders how John Kerry lost. Exit polls, which are usually much more precise than pre-election polling, showed Kerry with a decent margin of victory in several states. But that margin evaporated when the vote totals were released.
The U.S. Senate is on the verge of passing a new foreign intelligence surveillance law that U.S. Sen. Christopher S. "Kit" Bond, R-Mo., has described as "a better deal than they even (the White House) had hoped to get." The ACLU calls it "Christmas" at the White House and Barack Obama's social networkers are up in arms.
Ellen Page's new film, "The Tracey Fragments," falls to pieces.
The Beacon and KETC/Channel 9 are covering mortgage forclosures – how they're affecting St. Louis area residents and where you can find help.
Visit our special section to read coverage of this issue, watch Channel 9's stories and access resources to find help.
The Beacon, through Helium.com, invites writers to respond to questions we pose on timely topics. Winning articles appear in the Beacon.
To see the latest winner, read "Does it matter if your brew is American-made?".
Our next topic: How should flood plain development be handled? For details, visit Helium.
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The Beacon features links to the latest work by the Pulitzer Center on Crisis Reporting.This Washington-based non-profit organization promotes in-depth international coverage of topics that have been under-reported, mis-reported - or not reported at all.
To see a list on our World news page, click here . The Pulitzer Center's founder is Jon Sawyer, former Washington Bureau chief of the St. Louis Post-Dispatch.
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