Latest Bombing In Iraq Pushes Death Toll Higher; Debt, Inflation Fears Grow : The Two-Way At least 30 people died when a car bomb exploded near a funeral ceremony in Baghdad. Meanwhile, Japan's debt has been downgraded and rising prices are sparking violence in developing nations.

Latest Bombing In Iraq Pushes Death Toll Higher; Debt, Inflation Fears Grow

Good morning.

More protests, as we said earlier, are expected today in Egypt — where anti-government demonstrators, inspired in part by recent events in Tunisia, have been clashing with police this week.

And much of the mid-Atlantic and Northeast have been hit again by rough winter weather.

Meanwhile, there's been another deadly attack in Iraq. The BBC reports that "a car bomb has exploded near a funeral ceremony in a mainly Shia Muslim area of Baghdad, killing at least 30 people, Iraqi officials say. Another 50 were wounded, they said."

As the Associated Press notes, in the past week bombings "have killed nearly 200 people, raising concerns about an uptick in violence as the U.S. military prepares to withdraw from the country."

Other stories making headlines include:

The New York Times: " S.&P. Downgrades Japan As Global Debt Concerns Spread."

The Wall Street Journal: "Rising prices for food, energy and other commodities are reducing the disposable incomes of poor people across the planet, providing a trigger for street protests in North Africa and posing a deep conundrum for policy makers world-wide."

— BBC News: "Thousands of Yemenis today took to the streets of the capital, Sana'a, to demand a change of government, inspired by the unrest that has ousted the Tunisian leader and spread to Egypt."

Houston Chronicle: "Rep. Gabrielle Giffords continued a recovery on Wednesday that doctors called remarkable and 'lightning speed' as she moved out of an intensive care unit and began full-time rehabilitation 18 days after a bullet ripped through the left side of her brain."