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Greece finally met a deadline that counted on Thursday and made a series of sweeping proposals that its creditors needed by midnight to set off a mad rush toward a weekend deal to stave off a financial collapse of the nation.The package met longstanding demands by creditors to impose wide-ranging sales-tax hikes and cuts in state spending for pensions that the left-leaning Greek government had long resisted. It raised hopes that Greece can get the rescue deal that will prevent a catastrophic exit from the euro after key creditors said they were open to discussing how to ease the country's debt load, a long-time sticking point in their talks. In the text of proposals sent by Athens late Thursday, the government conceded to demands it had previously refused to accept — mostly on moving various categories of goods and services to higher sales tax rates — in exchange for a new 53.5 billion-euro ($59 billion) bailout package.
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George W. Bush gave the commencement speech at Southern Methodist University and offered encouragement for the non-honors graduates.
A man who was run down by an Arizona police cruiser
while allegedly holding a loaded rifle in February told police he didn't remember what happened, NBC News reported. In an audio recording, Mario Valencia told police he didn't know how he even ended up at the scene. Valencia, 36, was hospitalized for two days and then sent to jail. Police allege he went on a daylong crime spree that included holding up a 7-Eleven convenience store in Tucson, setting fire to a church, stealing a high-powered rifle and ammunition from a Walmart. He is facing several charges.