Muammar Qaddafi’s wife and three of his children escaped across the border into Algeria today. The family’s relocation was confirmed by the Algerian government. The NTC — the new government of Libya — said that Algeria’s provision of refuge for members of the Gheddafi family constituted an act of war.
In other news, a proposed amendment to the Spanish constitution would impose a limit on the size of the public deficit. The Moody’s rating agency reacted positively to the announcement, which may improve the rating on Spain’s sovereign debt. However, both the “Indignados” and the unions are protesting publicly against the measure.
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