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...death as in life, there is never a dull moment when it comes to Michael Jackson. Police in California's Santa Barbara County met on June 30 to discuss how to deal with an expected mad rush of traffic on the narrow hillside road leading to Jackson's Neverland Ranch for a planned memorial service on July 3. Jackson's body will arrive there a day earlier, in a 30-car motorcade from Los Angeles. Meanwhile, the singer's hometown of Gary, Ind., is reportedly seeking to have the body shipped there for another memorial service being planned for July...
...Gloved One's grave as the central attraction. "That is not true," Joe Jackson told reporters when asked whether his son was to be buried at Neverland, which has been owned by a private-equity firm since Michael defaulted on a loan. Although the family patriarch declined to discuss specifics on the time and place of a funeral, citing the second autopsy as a cause for delay, he hinted at grand, Lady Di-scale plans. "I've never heard of a private funeral like this - like big, like Michael's would be," he told reporters...
Earlier this week, treasury secretary Tim Geithner sat down with TIME managing editor Rick Stengel at an economic summit hosted by Time Warner in New York City to discuss the outlook for the economy and President Obama's overhaul of the financial regulatory system. Later, the Secretary answered additional questions about the new financial rules and regulations. Some excerpts...
...Russia Planning for A Post-U.S. World Russian President Dmitri Medvedev hosted the first summit of the world's largest emerging economies to discuss efforts to reduce their reliance on the U.S. The so-called BRIC states--Brazil, Russia, India and China--are forecast to become four of the six biggest economies in the world by 2050. The group, which holds some 40% of the world's gold and hard-currency reserves, has announced plans to shift some out of U.S. dollars. "There can be no successful global currency system," said Medvedev, "if the financial instruments used are denominated...
...reason for canceling Thursday's scheduled meeting in Paris between Benjamin Netanyahu and George Mitchell was simple: there was nothing for the Israeli Prime Minister and President Obama's Middle East peace envoy to discuss. The U.S. has demanded a complete freeze in Israeli settlement construction in territories conquered in 1967, making it a litmus test of Israel's bona fides in pursuing the two-state solution, which the Obama Administration has prioritized. Netanyahu, who faces more public pressure from Washington than any Israeli leader in nearly two decades, says he wants peace talks and recently declared his qualified support...