By Robert A. Vella
In the news today…
LONDON — The leader of the Brexit referendum campaign that stunned the world by ushering the United Kingdom out of the European Union said Thursday he won’t join the contentious race to replace David Cameron as prime minister.
From CNN – Puerto Rico rescue bill easily passes Senate:
On Wednesday night, the U.S. Senate passed a bill known as PROMESA (Spanish for “promise”) to help the island get out of a $70 billion debt burden. It passed with a vote of 68 to 30.
The legislation now heads to President Obama’s desk since the House already approved it. Obama is expected to sign it quickly.
Puerto Rico has a massive bill to pay by July 1. The island owes its creditors nearly $2 billion, but it doesn’t have enough money to pay.
From The New York Times – Alvin Toffler, Author of ‘Future Shock,’ Dies at 87:
Alvin Toffler, the celebrated author of “Future Shock,” the first in a trilogy of best-selling books that presciently forecast how people and institutions of the late 20th century would contend with the immense strains and soaring opportunities of accelerating change, died on Monday at his home in Los Angeles. He was 87.
Mr. Toffler was a self-trained social science scholar and successful freelance magazine writer in the mid-1960s when he decided to spend five years studying the underlying causes of a cultural upheaval that he saw overtaking the United States and other developed countries.
The fruit of his research, “Future Shock” (1970), sold millions of copies and was translated into dozens of languages, catapulting Mr. Toffler to international fame. It is still in print.