The financial crisis in Greece and Spain continues to intensify. People are withdrawing millions of euros in savings every day from banks in both countries, due to worries that the banks may collapse and leave the government unable to cover their deposits. Unemployment in Greece is now well over 22%, and the Greek pension authority says it will be unable to meet its pension obligations within a few months if current trends continue.
In other news, surveillance cameras at Ottawa’s airport have been augmented with microphones, so that security officials can eavesdrop on people’s conversations as well as watch their behavior, and thereby prevent terrorist attacks.
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