Posted by smeddum on February 5, 2009
By Norma Cohen
February 3 2009
Pension liabilities at 13 companies in the FTSE 100 index are now larger than their market capitalisations, according to new analysis from Pension Capital Strategies, a pensions consultancy, and Numis Securities. Read the rest of this entry »
Posted in Financial crisis | Tagged: pension shortfall | Leave a Comment »
Posted by smeddum on February 5, 2009
UK judges accuse Obama Administration of suppressing torture claim
February 5, 2009
Richard Ford and Francis Elliott
The US has threatened to withhold intelligence from the UK if evidence of the alleged torture of a British resident held at Guantánamo Bay is made public. Read the rest of this entry »
Posted in Uncategorized | Tagged: "War on Terror", Obama agenda, obama torture | Leave a Comment »
Posted by seumasach on February 4, 2009
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Eric Walberg 4th February, 2009 “The WEF is not a government of the world,” said organiser Andre Schneider wistfully in the crisp Davos air. The world’s economic elite gathered in a subdued atmosphere at this year’s World Economic Forum to assess the now global economic crisis. New York University professor Niso Abuaf compared it to a funeral, though not for the sake of the dead “ancien regime”, but “for the ones staying behind.” Attendees at the wake included 40 heads of state, 1400 business leaders and the usual assortment of “social entrepreneurs”. |
Posted in Financial crisis | Leave a Comment »
Posted by seumasach on February 4, 2009
MAKE BALTIMORE CITY A FORECLOSURE AND EVICTION FREE ZONE
Sign the ONLINE PETITION and Call on Baltimore City Council and Sheriff John W. Anderson to Stop Foreclosures!
Help Make Baltimore City a Foreclosure & Eviction Free Zone
Community activists in Baltimore are now at a critical juncture in the struggle to stop foreclosures. With your help we can win an important victory. Please help by urging city council to do the right thing.
Posted in Financial crisis | Tagged: Foreclosure & Eviction Free Zones, stop forclosures | 2 Comments »
Posted by seumasach on February 4, 2009
Posted in Ecological and Public Health Crisis | Tagged: EM radiation hazard, no more masts, wi-fi health | Leave a Comment »
Posted by seumasach on February 4, 2009
4th February, 2009
California has had its credit rating reduced by Standard and Poors.
Posted in Financial crisis | Tagged: bankrupt california, california goes bankrupt, financial collapse | Leave a Comment »
Posted by seumasach on February 4, 2009
4th February, 2009
The members of the Collective Security Treaty Organization – Russia and six neighbouring states – have agreed to set up a collective rapid reaction force to combat terrorism, military aggression, and drug trafficking.
Posted in Multipolar world | Tagged: Collective Security Treaty Organization, CSTO, End of empire, Russian diplomacy | Leave a Comment »
Posted by alfied on February 4, 2009
By M K Bhadrakumar – Asia Times
There are different ways of looking at the Justice and Democratic Party, or AKP, which rules Turkey. Militant secularists and Kemalists allege it is a Trojan horse of Salafists whose members masquerade as democrats. Others say the AKP is so extremely moderate that it might get ostracized as infidel if it were transplanted to Iran or Afghanistan. Read the rest of this entry »
Posted in Palestine | Tagged: Palestine, Turkey Israel | Leave a Comment »
Posted by seumasach on February 4, 2009
February 3, 2009 (LPAC)– Whereas nations lacking sufficient farmland might have a legitimate interest in developing agriculture elsewhere, things stand differently for private players such as George Soros and hedge funds. The latter are getting hold of vast territories of Kazakhstan, Sudan, Uganda, Indonesia, Madagascar, and even of starving Ethiopia, since most of these countries are hopelessly bankrupt and eager to get cash, wrote France’s Nouvel Observateur weekly of Dec. 23, 2008. The “farmland rush” taking place on a world scale was denounced by FAO’s Director General Jacques Diouf as “agrarian neo-colonialism.”
Nouvel Observateur noted that George Soros’s former business partner and co-founder of Soros’s Quantum Fund, Jim Rogers, is encouraging investors to go for this land-grab policy. “George Soros is heavily implicated in bio-fuels and owns land in Argentina. But in the last couple of months, with the financial crash, it’s the rush. Deutsche Bank and Goldman Sachs have massively invested in Chinese meat farms. Morgan Stanley bought 40,000 hectares in Ukraine, nothing compared to the 300,000 ha bought by Renaissance Capital, a Russian hedge fund.”
Posted in Ecological and Public Health Crisis, Financial crisis | Tagged: agrarian neo-colonialism, farmland rush, George Soros, hedge funds | 2 Comments »
Posted by seumasach on February 4, 2009
John Hoefle
Jan. 30—We have said, repeatedly, that the attempts to bail out the global banking system, including the U.S. banks, are not working, will not work, and can not work. Not only will they not restore the banking system to solvency, but they are actually making the economic crisis worse.
Posted in Financial crisis | Tagged: Alexander Hamilton, Bank of United States, financial collapse, financial reform, stop the bailout | 2 Comments »
Posted by seumasach on February 3, 2009
This question is the crux of the matter for the collapsing empire: which of its enemies will allow it to resupply its armies in Afghanistan? They have just decided it is Iran.
3rd February, 2009
NATO says member states can use Iran as a safe supply path to forces in Afghanistan, amid increasing attacks on its routes through Pakistan.
Posted in Afghanistan | Tagged: Afghanistan. Khyber Pass, End of empire, Iran | 1 Comment »
In These New Times 