This Week on Between The Lines

Posted July 8, 2015 for week ending July 17, 2015

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"Greece's people have had six years of austerity through the EU, the ECB – European Central Bank – and the IMF, the debt ratio has actually increased to more than 180 percent of GDP and they've seen dramatic reductions in income per capita."

– Henry S. James, economist and senior fellow at Columbia University's Center for Sustainable International Investment, on the Greek people's overwhelming rejection of continuing EU-mandated austerity measures


Listen to the entire program using these links, or to individual interviews via the links appearing prior to each segment description below.

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Greeks Say No to More EU Austerity, Yes to Dignity

MP3 Interview with James S. Henry, senior fellow at Columbia University's Center for Sustainable International Investment, conducted by Scott Harris

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In the face of imminent default on its $320 billion debt and enormous pressure to reach an agreement with its European Union creditors, the Greek people overwhelmingly rejected the imposition of new austerity measures in a historic July 5 referendum. The 61.3 percent of Greeks who cast ballots for a 'No' vote confirmed majority national support for the governing Syriza party's pledge to challenge harsh Eurozone austerity measures when it won power in last January.  Story continues

Despite $18.7 Billion BP Gulf Oil Spill Settlement, Concerns Remain How Money will be Spent

MP3 Interview with Raleigh Hoke, campaign director of the Gulf Restoration Network, conducted by Melinda Tuhus

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On July 2, a little over five years after an explosion aboard the Deepwater Horizon oil rig killed 11 workers and spilled 4.9 million barrels of crude oil into the waters of the Gulf of Mexico, British Petroleum, the company largely found responsible, agreed to a $18.7 billion settlement for all federal, state and local environmental damage claims against it. Although this is the largest environmental settlement in U.S. history, the company, had it not decided to settle, could have faced claims amounting to twice as much.  Story continues

Former U.S. Diplomat Celebrates Normalization of U.S.-Cuba Relations

MP3 Interview with Wayne Smith, former U.S. State Department diplomat, conducted by Scott Harris

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Last December, President Obama announced his administration's historic decision to restore full diplomatic relations with Cuba's communist government. The breakthrough, negotiated with the help of Pope Francis over 18 months, ended the Cold War in the Caribbean 23 years after the fall of the Soviet Union. For decades, Washington's hardline policy toward Cuba had been rejected by the entire Latin America continent and the world. In October 2014, the United Nations General Assembly voted for the 23rd year in a row to condemn America's economic embargo against Cuba, with only Israel voting with the U.S.  Story continues

This week’s summary of under-reported news

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Compiled by Bob Nixon

 

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