International news
Bhutto widower regains access to Swiss account
A Swiss bank released $60 million in assets belonging to the widower of former Pakistani Prime Minister Benazir Bhutto, Asif Ali Zardari. After 11 years, Zardari’s gained access to accounts frozen due to alleged money laundering during his, and Bhutto’s, time in office. The Swiss dropped the money laundering case after speaking with the attorney general, who claimed neither Zardari or Bhutto were guilty. Zardari, as leader of one of Pakistan’s largest political parties, is the expected choice for Prime Minister.
National news
Obama selected as presidential nominee for Democratic Party
Barack Obama was unanimously voted to be the Democratic Party nominee for the 2008 election. Obama is the first African American nominee for a major party. Obama selected Delaware Senator Joseph Biden as his running mate. Both Hilary and Bill Clinton expressed their support for Obama at the Democratic National Convention in Denver.
Vermont
Household income in Vermont is down
According to a census report, Vermont’s average household income for 2006-07 fell by 4.7 percent from the previous year. The census reported that this decline is the second largest in the nation during that time period. The state’s average income dropped from $52,902 in 2004-05 to $50,423 in 2006-07
