By Julian Pecquet - 08/22/12 12:00 PM EDT
In other news:
The Obama administration is hamstrung in Syria because any intervention could make the situation worse, writes The New York Times.
Egypt has asked for a $4.8 billion loan from the International Monetary Fund. [Reuters]
What you might have missed on Global Affairs:
Obama's Peace Corps pick to step down
Obama eulogy for Ethiopia's strongman glosses over human-rights record
After Obama's 'red line' comments, Russia warns US against military action in Syria
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Note to readers: This morning roundup will be published at 8 a.m. during the summer recess and will go dark the week of Sept. 3.