Need to know:
The Olympics have come and gone again. The world's biggest celebration of athletic excellence cost a mere $14 billion - three times what was expected. Yet, the biggest bargain was had during the closing ceremonies, which could only be described as a celebration of 90s British pop music. Performers such as Oasis and the Spice Girls were reportedly only paid a pound a piece.
The closing ceremony also featured appearances by Russel Brand singing Willy Wonka and Beatles' songs and just about every other recognizable British face from Prince William to Kate Moss.
Team USA was the big winner of the Games at 104 medals, followed by China (87) and Russia (82). Great Britain overachieved with 65 medals (29 gold). It was the island nation's biggest medal haul since 1908.
Want to know:
Mitt Romney chose Paul Ryan as his vice presidential running-mate for the November election in what analysts say is an ideological but bold choice.
Ryan, 42, a Wisconsin congressman and chairman of the House of Representatives budget committee, has become famous (or notorious, depending on your political stripes) his conservative budget plan “The Path to Prosperity,” which many economists and commentators have ridiculed. Ryan counts Ayn Rand and economist Milton Friedman as his heroes.
Romney made the announcement in from of the battleship the USS Wisconsin in Norfolk, Virginia. Making the same gaffe as Obama made while announcing his own running-mate, Romney introduced Ryan as "the next President of the United States."
Dull but important:
In a bold shake-up of Egyptian politics, newly-elected President Morsi forced the retirement of Mohamed Hussein Tantawi, the chief of the Egyptian military and leader of the shadowy SCAF. Morsi also did the same to the chief-of-staff, General Sami Annan.
It is still unclear whether both will accept the order. Morsi, who said the move was for "the benefit of this nation," does not necessarily have the powers to rearrange the SCAF. Yet, in the confusing first months of Egyptian democracy, anything is possible.
Twin earthquakes in Iran on Sunday have killed at least 300 people and levelled dozens of villages. The search continues for survivors in the 6.6 magnitude quake that left thousands injured.
The quakes occurred in the mountainous northeast of the country along the borders of Armenia and Azerbaijan. The epicenter was about 200 miles northeast of the capital Tehran. Over 130 villages in the area sustained damage between 50 and 80 percent.
Strange but true:
A Google Earth satellite imagery survey may have found two pyramid complexes in Egypt along the Nile. The sites are 90 miles apart and some distance from the Pyramids of Giza.
One of the newly-discovered complexes contains a Pyramid that may be even larger than the massive Great Pyramid by three times. It will take some further digging - literally - to figure out if indeed there are Pyramids in the area.