about the problems with greece, but the problem with europe. the euro zone, the zone of countries that have adopted the euro is made up of countries in wildly different economic situations all sharing a common currency. now that means when greece falls into deep recession, as it has, it cannot do what many countries would do at that stage, which is devalue its currency. that would make greek goods more competitive on world markets and get its economy growing again. an american state that s in recession, say michigan, also can t devalue its currency, but michigan would get large sums of money from washington to stabilize the economic, in the form of unemployment insurance, medicare and other assistance programs, but greece gets none of that. so greece has the disadvantage of being locked into a common currency but without the key advantage of a government that would give you money when you need it, the eu head quartered in brussels has a very small budget for stabilization of this kind.
financial markets are head quartered in new york city. the attorney general s office told us several weeks ago mr. icon resigned that his brief but apparently market shifting tenure as a trump administration official was quote on their radar at the new york attorney general s office. so carl icahn was the first corruption allegation casualty in the trump administration. now tom price may be the second. when the new administration was first getting stood up, i would say it was basically a tie between betsey devoss and jeff sessions in terms of whose trump c cabinet nominations attracted the loudest on junctions but even though there were more attention to betsey devoss, tom price was a special case because it was a matter of unsettle
so, two weeks ago, i talked about fact there are now 100 al qaeda, at most, in afghanistan. this even as president obama said the mission in afghanistan is to defeat al qaeda. would you think at some level it is already weakened some, where is al qaeda now? it seems that the group has moved on on taken on different shapes and associations. in uganda this weekend, al qaeda and a spy group called al shabaab sent suicide bomb nears a festive group watching the world cup, more than 70 people were killed. some experts say al shabaab numbers in the thousands. it is head quartered in somalia and growing in strength. so this may be our next major terrorism problem. but what to do about it. to talk about this we have jeffrey gettleman, east africa bureau chief for the new york