Current Events Quiz, August 8, 2011

This activity contains 10 questions.

	On Friday the ratings agency Standard and Poor's took what action with respect to the U.S. credit rating?   It threatened to downgrade America's credit rating from AAA if action on the deficit was not taken within six months. It downgraded the U.S. rating from AAA to B. It took no action with respect to America's credit rating. It downgraded the U.S. rating from AAA to AA+.

	The agreement allowing an increase in the U.S. debt ceiling (passed by Congress and signed by President Obama last week) includes   a vague requirement for "$1 trillion in new revenues" that Congress must later specify. provisions closing tax loopholes for oil companies. no specific tax increases. a tax increase on Americans making more than $250,000 per year.

	NATO deployed hundreds of additional peacekeepers to Kosovo last week after escalating violence between   ethnic Albanian factions. Serbs and Croats. Serbs and ethnic Albanians. Serbs and Bosnian Muslims.

	30 U.S. special forces soldiers were killed in America's worst single day loss in the Afganistan war when insurgents   shot down a helicopter carrying the troops. used a truck bomb to attack a U.S. base. ambushed the troops with superior numbers in a remote valley near the Pakistan border. used a string of roadside bombs to destroy a convoy carrying the troops.

	The arrest of Yulia Tymoshenko, a leading opposition figure, has raised fears that the government of ______________ is using the justice system to pursue its political opponents.   Russia Belarus Georgia Ukraine

	The trial of ______________ began in Cairo this week, riveting the attention of people throughout the Arab world.   12 outspoken democracy activists an alleged Israeli spy former president Hosni Mubarak a group of women who refused to wear veils in public

	A mood of crisis gripped the eurozone again this week as fears surfaced that ________________ may need to join a growing list of eurozone countries in receiving a massive bailout to avoid default.   Germany France Greece Italy

	On Friday Yingluck Shinawatra was confirmed as the first female Prime Minister of   Vietnam. Laos. Cambodia. Thailand.

	Japan intervened in currency markets last week in order to   reduce the value of its currency relative to the dollar. stabilize the euro. increase the value of its currency relative to the dollar. increase the value of its currency relative to China's renminbi.

	The U.N. Security Council took what action last week with regard to Syria?   It authorized military action against the Syrian regime to protect civilians. It condemned Syria's bloody crackdown on civilians. It condemned Syria's crackdown on civilians and imposed economic sanctions on the Syrian regime. It failed to even issue a condemnation of Syria due to a threatened veto from Russia.

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