Morning Constitutional – Thursday, 29 May 2014

Good morning, everybody. One Direction were caught smoking something on video. Now, your morning constitutional:

Today in B.F.D.: Sources say that President Obama is set to announce strong new regulations for the coal power industry, including cutting emissions by 20 percent and forcing the industry to pay for pollution through cap-and-trade programs. The EPA-drafted plan, which would be the strongest action ever taken by the U.S. to combat climate change, is set to be announced Monday.

The Department of Veterans Affairs reported that at least 1,700 veterans were not registered on an official waiting list for care at a Phoenix medical center.

A Ukrainian military helicopter was shot down by pro-Russian separatists near Slaviansk, killing 14,

Russian president Vladimir Putin signed a treaty with his counterparts in Belarus and Kazakhstan to formally create the Eurasian Union, a trade bloc to challenge the E.U. and U.S.

Argentina finally reached a landmark agreement with the Paris Club of creditor nations over repaying its debts from its 2001/2 default, which should open up foreign financing for the country.

The number of Americans filing for unemployment dropped more than expected last week.

The Commerce Department said that a revision of its estimate of economic growth in the first quarter of 2014 shows that the economy actually contracted by an annualized one percent.

Thing you should read: Probably the best explanation out there about where the Euro-zone is post-crisis.

Exit polls suggest that former Egyptian military chief Abdel Fattah el-Sisi will win the Egyptian election in a massive landslide. The final results won’t be announced until Monday, though.

Please, please, please let this happen.

Nope, no plane there.

Finally, Michigan zoo selling exotic animal dung.


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