Saturday, August 6, 2011

THE WEEK IN REVIEW: JULY 31-AUGUST 6, 2011

Amongst the events that have happened around the world this past week:

*Despite somehow managing to pass a budget that included raising the debt ceiling, America's credit rating was still lowered from AAA to AA+. Some pundits and analysts feel this is a reflection upon how Congress (mis)handled the matter, while economists fear that companies will pass the higher operating costs that will result from this action on to consumers.
*United States President Barack Obama turned 50 years old this week.
*The British authorities investigation into computer hacking has widened as another newspaper has been accused of going where it should not have.

FROM OUTER SPACE:
*NASA's Mars Reconnaissance Orbiter has taken photographic evidence of there possibly being liquid water on Mars during the planet's "warm" season.
*The Juno probe is on its way to Jupiter to study that planet from a polar orbit.
*A new scientific theory speculates that Earth once might have possessed TWO moons, with the smaller crashing into the other and creating the moon in its current state: relatively smooth on the side facing our planet and craggy on the side facing outer space.

IN ENTERTAINMENT NEWS:
*Comedy fans celebrate what would have been Lucille Ball's 100th birthday Saturday.
*MTV celebrated it's 30th anniversary this week, although the network does not play as many music videos as it used to.

IN SPORTS:
*While teams scramble to practice and get ready for the 2011 Football season here in America, the first casualty of the lockout earlier this year has become known as the pre-season summer Hall of Fame game was cancelled due to a lack of preparation time.

For more news at any time, either scroll down to our IN OTHER NEWS feature at the bottom of your screen or visit any other reputable news source.

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