The Week Ahead: February 14 – February 20 2011

This Week’s “The Week Ahead” column is compiled by Livestation.com’s Johannes Ledel Karreskog

Here are some of the stories destined for this week’s headlines.

Obama unveils the US budget, EU and G20 finance meetings, and what’s next for Egypt.

Last Friday saw the resignation of Egypt’s president Hosni Mubarak after 18 days of protests in the streets of Cairo and other cities across the country. Power has now been handed over to the country’s military. This story has dominated all media coverage for weeks and will remain watched over, and now it’s time for experts and journalist to speculate on what comes next for Egypt.

Barack Obama will be unveiling the US budget this Monday, a budget which is set to cut 1.1 trillion dollars from the US deficit over the next ten years. The cuts have been described as severe but some republican politicians are asking for even deeper cuts. The deficit is believed to reach 1.48 trillion dollars this year, or 9.8 percent of the American GDP.

Two major financial summits are due to take place this week. The first one is between EU finance ministers and will debate legislative measures for surveying member state budgets. The second one is a meeting between the finance ministers and central bank governors of the G20, which is believed to be in part dealing with the global imbalances of the world.

Also in the news this week:

Presidential and parliamentary elections are due to take place in Uganda on Friday.

Saturday sees the start of the Cricket World Cup, which will be hosted, mainly, in India.

Watch these stories unfold on Livestation

EDITOR’s NOTE: Asnycnow Radio’s The Week Ahead column will on break for the next three-five weeks as there is a “changing of the guard” of editors in charge of creating “The Week Ahead” columm.

Andy Salcedo, who originally took over the role as writer for the weekly “TWA”column,will step down from his role and will be assigned to a new editor for the column.

Andy S’s column, “Andy’s Cue” will also be on hiatus but for an undisclosed period of time and he will no longer present programs on Asnycnow Radio 1 and 3.