Posts
Breaking
News
THE
international ratings agency Moody's today cut its debt ratings for
banks in France, Belgium, Luxembourg and the Netherlands, owing to
deteriorating eurozone financial conditions.
Global
economy
With Europe threatened by serial economic implosions and rising
chaos clutching at the Middle East, it makes sense for world
leaders to transport their security bubbles to a remote Mexican
resort in the next few days - where they might coalesce to
discuss Europe and the Middle East.
George
Osborne unveiled a £140 billion emergency scheme to try to avoid a
second credit crunch caused by the ongoing chaos in the
eurozone.
SPAIN
CRISIS EXCLUSIVE: Dash for banking consolidation “a recipe for
worse disaster” – Insiders
Want
To Make Risky Trades with No Brakes? Go To London
Pop
quiz time. Which U.S.-based financial services firm used the U.K. to
make losing trades that caused embarrassment, regulatory
scrutiny and much worse: MF Global, AIG, Lehman Brothers, or
JPMorgan? Answer: All of the above.
Airline
Death Spiral
Military/intelligence
Officials
with the US Department of Defense have confirmed that the Pentagon
has finalized procedures that outline how American forces could soon
combat the government of war-torn Syria and officially involve itself
in that state’s bloody uprising
France
is ready to supply communications equipment to the Syrian opposition
and to individuals and is ready to make the shipments on its own,
Foreign
NATO
pact should be a partnership for peace (Australia)
US
foreign military sales have shot over $50 billion. Another
record-breaking year is expected thanks to US ally Saudi Arabia,
which accounts for three-fifths of the sum.
Palestinian
villagers have addressed the Guinness Book of World Records to
register a ruinous “record”. A Bedouin village in Israel has been
demolished 38 times by Israeli authorities, who say people in the
village do not have building permits.
Iran’s
Minister of Economic Affairs and the Treasury Shamseddin
Hosseini predicts oil prices may surge to $160 per barrel in
case the US-led oil embargo against the country takes effect on
July 1 as planned.
The
Iranians do understand Peak OIl -- RW
Hossein
Mousavian, who was a senior member of Iran's nuclear negotiating team
between 2003 and 2005, dismisses West's proposal as 'diamonds for
peanuts.'
Environmental/disasters
Ten thousand
sardines were found dead on the beach in Minami shitaura machi Miura
city Kanagawa
Civil
unrest/revolution
Activists
called for a protest and Islamists warned that the gains of
the revolt that toppled Hosni Mubarak could be wiped out
after Egypt's supreme court dissolved parliament and ruled to
keep his last premier in this weekend's presidential race.
Energy/resources
BS
detector - you mean the rich might have to actually give something to
the poor?!
-- RW
Tanzania,
the third largest gold producer in Africa is among the poorest
nations due to decades of Western multinational exploitation and
political corruption.
Food/water
’
The
water in Gaza is too dangerous to drink as it is contaminated with
fertilizers and sewage, says a new report. Several charitable
organizations have called on Israel to immediately lift its blockade
to allow crucial sanitation equipment in.
There
are moves to rewrite contentious water-sharing agreements that are
becoming a major source of friction in the Middle East as water
supplies shrink.
Large
parts of New Delhi were struggling with acute water shortages on
Friday after a neighboring state cut its supplies at the peak of
summer, officials said
Greece
From
the Greek media -
As
international pressure grew on Friday for Greece to honor its
commitments to its foreign creditors, political parties responded
sharply to perceived attempts to interfere in domestic politics
while European leaders heading to Mexico for the G20 summit were said
to have Sunday’s Greek elections in mind.
Angry
Merkel urges more European effort on crisis
GERMANY
cannot save the euro single-handedly, German Chancellor
Angela Merkel has warned, expressing her growing anger over
British, American and G20 demands that she do more to tackle the
eurozone debt crisis.
THE
Greek stockmarket leapt by a staggering 10.1 per cent yesterday after
rumours that secret opinion polls had indicated tomorrow's election
would produce a new government determined to stay in the
eurozone.
Last
chance for the European elite and bankers you mean? There will
be no end to the propaganda this weekend! --RW
Campaigning
comes to an end before Sunday's general election as politicians warn
country faces expulsion from euro.
UK
A
study by a leading British think tank has revealed that average
incomes collapsed in the UK last year as the effects of the
recession began to bite.
Japan
Ten thousand
sardines were found dead on the beach in Minami shitaura machi Miura
city Kanagawa
USA
Former
Goldman Sachs board member Rajat Gupta has been found guilty of
insider trading, in a victory for prosecutors probing Wall
Street corruption.
The
real criminals not only go free but rule the roost --RW
Four
Bullet Points Explaining How JPMorgan Doubled Its Money From MF
Global's Corpse In Seven Months
Don't
read this if you have high blood pressure or if you are a client of
MF Global's, whose money isstill held by JP Morgan
A
surveillance video released in Mexico shows five policemen allegedly
kidnapping three men who were later found dead.
Australia/NZ
Climate
strategy up in smoke (Australia)
Where
is our Motor City mojo?
(Australia)
Despite
more bad news for car industry workers this week, there may be
hope on the horizon, if the example set by Detroit can be
emulated by manufacturers here, writesMathew Murphy.
Emulate
the US car manufacturing industry? - now that's a great idea - LOL
--RLW
Media/internet
Julian Assange, the Australian founder of WikiLeaks, could
be extradited to Sweden by the end of the month for
questioning on sexual misconduct allegations, after Britain's
Supreme Court rejected his bid to reopen his case
The mainstream media never considers this possibility
Julian
Assange’s extradition to Sweden has fueled fears he will be
transferred to US jurisdiction. Political rhetoric branding Assange
as a terrorist and reports of a secret indictment make a fair trial
seem unlikely should he fall into US hands.
A
court in Germany has removed the ban which Munich's Media
Regulatory Office BLM had imposed on Press TV after the 24-hour
news channel filed a lawsuit against the organization.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.