Archive for July, 2008
Posted by seumasach on July 2, 2008
Damian Paletta
Wall Street Journal
STAPLES, Minn. — At 7 p.m. on Friday, Mayor Chris Etzler walked through the back door of First Integrity Bank. The lobby should have been closed for the weekend, but dozens of strangers in dark suits were bustling about with laptops and file boxes. Someone had just delivered 32 pizzas.
Dan Walker, a top official with the Federal Deposit Insurance Corp., a Washington, D.C., bank regulator, had summoned Etzler to explain what was going on: The FDIC had just taken over First Integrity.
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Posted in Financial crisis | Tagged: failing banks, FDIC | Leave a Comment »
Posted by seumasach on July 2, 2008
“The statements in here are talking about comparisons to the 1920s depression and is actually pointing fingers at central banks and their policies and their misunderstanding of how the financial system works and their love of the new-fangled things that have brought the world to the precipice of what could be one of the most major financial catastrophes in the history of economics,” Satyajit Das said.
Stephen Long
1st July(abc)
The Bank for International Settlements (BIS) says global markets may still be set for severe economic downturn.
Last year, when inflation was low and the world economy was still strong and stable, BIS gave a a prescient warning about the growing risks that could bring it all undone.
In its latest annual report, released last night in Basel Switzerland, BIS gives a grim and candid assessment.
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Posted in Financial crisis | Tagged: economic disaster | Leave a Comment »
Posted by seumasach on July 2, 2008
Behind the scenes, however, officials admit that the South Asian nations are simply ignoring American directives. Dr. Noor Jehan Panezai, MP, who represents the region in Western Pakistan where the pipeline will run, welcomes the plan as an employment package for her constituents. “Indians and Pakistanis,” she says, “will choose our own projects. We have decided that the United States has no business in our problems.”
Maha Atal(Forbes)
!st July, 2008
India, Pakistan and Iran will sign a deal this month to build a natural gas pipeline to help feed the subcontinent’s desperate need for energy, a major blow to American sanctions against Tehran and a defeat for U.S. influence in South Asia.
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Posted in Multipolar world | Tagged: IPI pipeline | Leave a Comment »
Posted by seumasach on July 2, 2008
BBC
Tuesday, 1 July 2008
Up to five children a day in the UK are suffering from undiagnosed strokes, new research suggests.
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Posted in Ecological and Public Health Crisis | Tagged: child strokes | 1 Comment »
Posted by seumasach on July 2, 2008
By Stephen Gowans(What’s Left)
29th June, 2008
Stephen Zunes, an advisor to the International Center for Nonviolent Conflict, an organization founded by former Michael Milken right-hand man Peter Ackerman, continues to defend “non-violent pro-democracy” activists involved in promoting overthrow movements abroad.
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Posted in Drive to Global War | Tagged: leftist imperialism | 13 Comments »
Posted by smeddum on July 2, 2008
Gulf News
By Linda S. Heard, Special to Gulf News
Published: June 23, 2008, 23:33
In recent years Iran has become the target of a belligerent campaign against it, orchestrated by usual suspects the US, Israel and Britain. This aggressive nuclear-armed trio has badgered other nations to back anti-Iranian sanctions without even the flimsiest evidence that Tehran is pursuing nuclear weapons.
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Posted in Iran | Tagged: Iran | Leave a Comment »
Posted by seumasach on July 2, 2008
Pyotr Iskenderov
1st July, 2008
During the past several weeks, the public’s attention has been focused on various recent geopolitical developments, and the expiration of Slovenia’s Presidency over the Council of the EU on July 1 is going to remain almost unnoticed against the background. Yet this was the first time in the EU history when such a prominent role was played by a Slavic Balkan country, and high expectations were associated with the fact in the Balkan region.
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Posted in Drive to Global War | Tagged: albanian threat, Kosovo | Leave a Comment »
Posted by seumasach on July 1, 2008
Richard C.Cook
Global Research, June 30, 2008
Much of the world’s history over the last century has been dominated by the United States . But by the turn of the millennium in 2000-2001, the “American Century” had begun to descend into a chamber of horrors.
The years since then have been marked by the huge financial bubbles engineered by the U.S. Federal Reserve System and the virus of predatory global capitalism. We have the looming worldwide economic crisis with rising bankruptcies, credit disruptions, and soaring fuel and food prices. Alongside has been the thinly-disguised but continuing attempt by the U.S. to conquer the Middle East by force of arms under the heading of the “War on Terror.”
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Posted in Multipolar world | Tagged: end of imperial epoch | Leave a Comment »
Posted by seumasach on July 1, 2008
MOSCOW, July 1 (RIA Novosti) – The parliament set up by the Serbian community in Kosovo is a logical response to Kosovo’s unilateral declaration of independence, the Russian Foreign Ministry said Tuesday.
Kosovo Serbs gathered last Saturday in the ethnically divided city of Mitrovica for a session to inaugurate their own legislative body, calling it the Assembly of the Union of Municipalities of the Autonomous Province of Kosovo, and draft its mandate.
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Posted in Drive to Global War | Tagged: illegal declaration of independence, Kosovo | Leave a Comment »
Posted by seumasach on July 1, 2008
Press Release from Scotland Against Criminalising Communities
Tuesday 1 July 2008
Campaigners welcome judgement in Anwar case
Lord Carloway accused of “misusing” contempt law
SACC welcomes the judgement given by three judges at Edinburgh High Court today that human rights lawyer Aamer Anwar did not commit contempt of court in statements he made last September following the conviction for “terrorism” of his client Mohammed Atif Siddique.
Posted in Uncategorized | Tagged: "War on Terror", Anwar, Siddique case | Leave a Comment »
Posted by smeddum on July 1, 2008
The Press and Journal
MP demands urgent action to protect bees
Published: 01/07/2008
One wonders how long they can keep up the official story that CCD is unexplained.
” Dr. rer. nat. Ulrich Warnke, a biological scientist at Saarland University, can demonstrate
this on a firm basis in his most recent publication Bees, Birds and People, The
Destruction of Nature as a result of ‘Electrosmog’. His findings are the result of his own
research over a decade, a superior overview of the state of international research,
however, above all the realisation of verifiable mechanisms which have a disorientating
and damaging effect on the bees. ” Source
The UK Government has been called on to do more to combat the risks facing Scottish bees. Danny Alexander, MP for Inverness, Nairn, Badenoch and Strathspey, yesterday tabled an early day motion calling for action.
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Posted in Colony Collapse Disorder, Ecological and Public Health Crisis | Tagged: scotland, the bees disappearing | Leave a Comment »
In These New Times 