In These New Times

A new paradigm for a post-imperial world

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U.S. airstrike reported to hit Afghan wedding

Posted by seumasach on November 6, 2008

 

The wedding bombers are back! Here’s an early dilemma for Obama: to bomb or not to bomb weddings?

IHT

6th November, 2008

See also:

Five weddings and many funerals

 

Tensions between American forces and the Afghan government over civilian casualties from coalition airstrikes spiked again on Wednesday with a report by Afghan officials that a missile from a United States aircraft killed 40 civilians and wounded 28 others at a wedding party in the southern province of Kandahar.

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Posted in Drive to Global War | Tagged: | Leave a Comment »

British MPs call for debate on U.S. missile shield

Posted by seumasach on November 6, 2008

 

Russia Today

6th November, 2008

A growing number of European politicians are voicing fears over the U.S. deployment of a missile shield all across the continent. More than 50 British MPs have called for a public debate into an issue which many fear could result in a new global arms race.

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FT gives high marks to Latinamerica’s banking system

Posted by seumasach on November 5, 2008

Mercopress

4th november, 2008

 

Latinamerica’s financial system has passed the Financial Times test. In an article under the headline of “Latinamerica sidesteps the worst of crisis”, FT correspondents in Sao Paulo and Mexico City elaborate on the region’s banking industry and how “by accident and design” in spite of a long history of turbulence, it is weathering the global crisis.

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Posted in Financial crisis, Multipolar world | Tagged: , | 1 Comment »

Sarkozy Sics the State Administration and Media on the Banks

Posted by seumasach on November 4, 2008

November 4, 2008 (LPAC)–French President Nicolas Sarkozy is raising the pressure against the banks and even sicking the media on those banks which received state money, but who are not, in turn, lending it to companies and individual clients. Credits to consumers and companies increased by EU5 billion last month, but there are many reports that on the least of excuses, banks block making loans.

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Plea for more research cash as two billion bees die from rampant disease

Posted by seumasach on November 3, 2008

Interesting that the likes of Lovett spend all their time appealing to the government for money for research, and yet ignore research carried out over the last four decades because it suggests the politically unacceptable conclusion that EM radiation is killing the bees and multiple other species, including, eventually, us.

Telegraph

1st November, 2008

They accused the Government of failing to invest in the research needed to stem diseases and parasites which are now thought to have destroyed one in three bee colonies over the past year.

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Danes Warm to Euro amid Financial Crisis

Posted by seumasach on November 3, 2008

Businees Week

3rd November, 2008

The financial crisis “makes it evident” that Denmark needs to join the euro, Danish Prime Minister Anders Fogh Rasmussen said on Thursday (30 October), while recent polls show that 50 percent of Danes are now in favour of scrapping the krone.

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Crise financière -Ajustement, mutation ou effondrement de l’Empire ?

Posted by seumasach on November 3, 2008

Thierry Meyssan

Voltairenet.org

2nd November, 2008

Depuis l’été 2006, Thierry Meyssan pronostique l’effondrement des États-Unis à moyen terme suivi de leur dislocation. Ce point de vue —qui a fait beaucoup sourire— trouve aujourd’hui un début de confirmation : rien ne parvient à stopper la crise financière US qui se transforme en crise économique. Selon cet analyste, qui est politologue et non pas économiste, les sommets internationaux qui se succèdent aujourd’hui n’ont pas pour but de résoudre la crise, mais représentent une révolte des États vassaux pour réorganiser un système qui, bien qu’agonisant, continue à profiter aux États-Unis.

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Brown confident of Middle East cash for bail-out fund

Posted by seumasach on November 3, 2008

 

So now we know exactly what Brown has in mind as regards his “new Bretton Woods”: a bailout fund for the IMF so that it can continue its work of destroying the real economy globally. Brown knows the UK and US are going down- the point is to make sure everyone else does too. It’s a kind of scorched earth policy. It’s hardly surprising that China and the Arab countries have reservations about this: let’s hope they all have the sense to block this at the G20 conference on 15th November.

Allegra Stratton

Guardian

3rd November, 2008

Gordon Brown yesterday said he felt confident that he has successfully enlisted the help of Gulf states for international plans for an emergency bail-out fund, with both Qatar and Saudi Arabia indicating they will offer funds when leaders of the 20 most developed countries meet in Washington in a fortnight.

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Hope for Lloyd’s investors: don’t despair, Gordon is there

Posted by seumasach on November 3, 2008

 

The really intriguing question here is where will Lloyds get the 4 billion to buy back the government’s preference shares. Could it be, by any chance, from the government?

Lloyds’ preference shares must be paid back before ordinary shareholders may receive dividends again

Lloyds TSB‘s shareholders were today given hope that the dividend drought ordered as part of the taxpayer bail-out would end next year.

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Troops may run out of time to cast ballots

Posted by seumasach on November 2, 2008

John Riley

Dallas News

1st November, 2008

WASHINGTON — For U.S. troops serving overseas, nothing comes easy. Not even voting

Military members may not have enough time to complete and mail in their absentee ballots for Tuesday’s election, thanks to slow mail delivery, lack of information sharing among election officials, and procedural errors. Read the rest of this entry »

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Wall Street’s Great Heist of 2008

Posted by seumasach on November 1, 2008

 

Barry Grey

WSWS

1st November, 2008

The Wall Street Journal published a front-page article Friday reporting that the nine biggest US banks, which have received a combined $125 billion in taxpayer funds as part of the $700 billion bailout authored by Treasury Secretary Henry Paulson and passed by the Democratic Congress, owed their executives more than $40 billion for recent years’ compensation and pensions as of the end of 2007.

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