By Dr. Paula Wylie
Faculty Member, International Relations at American Public University

For European travelers on summer holidays, the news proved shocking: “Though it seemed that the maximum rates that could be demanded for foreign exchange had been touched in the frenzied markets of previous days, new extremes were reached yesterday… ”
By Alicia A. Caldwell
The Associated Press

The Homeland Security Department said Tuesday it arrested 192 people along the U.S.-Mexican border in South Texas on immigrant-smuggling charges and seized more than $625,000, part of the Obama administration's efforts to discourage and disrupt the flood of tens of thousands of people crossing the border illegally.