Saturday 23 June 2012

Today's stories



Global economy

Next week's summit is make or break time for the European Union.

Calling London a haven of regulatory loopholes that spawns financial trading disasters could make it harder to align new transatlantic rules, figures in London’s financial and legal circles said on Wednesday.

If you want to be scared, truly terrified, listen to Mark J. Grant. He might be right

The global banking system is 'dead' and people need to push out from what he called "banking terrorists" and stand up for themselves, according to Max Keiser, the host of RT's Keiser Report.
“People have to stand up and realize that no one’s going to help them"



Military/intelligence


War crimes warning on American air strikes
The United States' use of drone strikes to carry out targeted killings presents a challenge to the system of international law that has endured since World War II, a United Nations investigator has said.



A DEFIANT Moscow has announced that a cargo ship would deliver weapons to Syria under the Russian national flag despite being forced to abandon its voyage when Britain withdrew insurance cover.

AT least 26 regime supporters were killed in an ambush in the northern province of Aleppo on Friday, the Britain-based Syrian Observatory for Human Rights said.


An online video showed more than a dozen bloodied corpses, some of them piled atop each other and in military uniforms, dumped beside a road in northern Syria in what the government Friday called a mass killing by rebel forces.

Turkey's government has called an emergency security meeting amid reports that one of its fighter jets was shot down by Syrian security forces.



After reports that the US designed the greatest cyber viruses in history with Flame and Stuxnet, Washington faces a predicament in justifying the duality in its cyber policy and defending its anti-piracy rhetoric.

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Raja Pervez Ashraf secures premiership in national assembly after a court issues arrest warrant for the first candidate.




Environmental/disasters



Five genetic tweaks made a deadly strain of bird flu that can infect humans spread more easily, according to a study that the U.S. government had first sought to censor on concerns it could be used by bioterrorists.





An Asian century, an urban century — the rise of the East and the role of such expansive urban giants as Shanghai are emblematic of popular assessments of where the world's economy is heading


Not too many signs of this in the headlines - the world doesn't care ---RW



Civil unrest/revolution

Rising anger at measures designed to tackle Sudan's economic crisis as demonstrations gather pace in capital.


Energy/resources

Government receives $1.7bn in winning bids to drill in new areas of Gulf of Mexico, scene of BP's 2010 oil disaster.



Middle East/North Africa

Rebels who took the generals at their word have played into their hands, writes Paul McGeough.

Cairo's iconic square once again seething with anger as Egyptians anxiously await delayed results of presidential poll.


TOO contaminated to drink and never in continuous supply because of daily power shortages, the water in Gaza is causing chronic health problems and contributing to high rates of child mortality

Europe

The global banking system is 'dead' and people need to push out from what he called "banking terrorists" and stand up for themselves, according to Max Keiser, the host of RT's Keiser Report.
“People have to stand up and realize that no one’s going to help them"


Home owners and businesses face having to pay higher interest rates following a downgrade in the credit ratings of Britain’s biggest banks, analysts warned on Thursday.



Japan

Japan passed a new amendment to its copyright laws on Friday, making illegal downloads punishable with serious jail terms for the first time. The new law comes into effect in October.


USA

NSA won't say how many Americans they've spied on; cite "privacy" concerns
Want to know if the US government has gone through your emails and listened in on your phone calls?


Australia/NZ 

AN INCREASING number of people in NSW are being shut out of the justice system because they are refused legal aid and are too poor to pay for a lawyer.




Geoscience Australia says the minor earthquake which struck the central-west of New South Wales last night is unlikely to have caused damage.




Media/internet


Australia's two biggest media groups, Fairfax and News Ltd, this week announced huge changes to the way they will operate

Kim Dotcom Gets Last Laugh --RW

Whistleblower Julian Assange has accused the UK and Sweden of conspiring to trap him in England while US authorities make a legal case against him. He said the Australian government has abandoned him by refusing to intervene in his extradition.


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