Posts
Global
economy
British
bank Barclays will pay $US453 million to US and British authorities
to settle allegations that it manipulated key interbank lending
rates known as Libor, ramping up pressure on other banks to
cooperate in a probe that could cost the financial industry billions
of dollars
No
doubt Max Keiser will have plenty to say about this! --RW
European
authorities have unveiled their plan to save the euro, which includes
the creation of a European treasury that would have powers over
national budgets
The
biggest US banks J.P. Morgan, Citigroup, Goldman Sachs Group, Morgan
Stanley and Bank of America are preparing plans for quick liquidation
in an emergency without hurting the nation’s economy.
As
the debt crisis worsens in Spain and Italy, financial experts are
warning of the catastrophic consequences of a crash of the euro: the
destruction of trillions in assets and record high
unemployment levels, even in Germany
Will
India Implement The First "Executive Order 6102" Of The
21st Century?
Something
strange has been happening in India in the last year: while the rest
of the "developed" world has been doing all in its power to
crush its currency in order to promote exports within a
globalist mercantilist system suddenly gone haywire, India has
had the opposite problem: with its economy slowing down even as
rampant inflation persists, its currency has been sliding against all
other currencies.
At
least 24 people in 13 countries are arrested in US-led operation
against cyber criminals trading information.
Wall
Street
The
Bank of International Settlements (BIS) – is considering
reclassifying gold as risk-free assets as part of the Basel
III framework.
Max
Keiser says "Looks like the rich are preparing to “cash out”
of paper currency" - RW
It's
Ok To Manipulate Markets (Karl
Denninger)
This
sort of scam ought to lead to prison time. Instead, as has been
the pattern, we find ourselves with tiny little wrist-slap fines and
nothing more -- and the crooks get to keep the profits besides.
High-frequency
trading firms are drawing scrutiny from U.S. regulators seeking
evidence that they may be distorting market prices by conducting
transactions with themselves..
Military/intelligence
Gunmen
have attacked Syria's state-run Ikhbariya television station,
killing three employees, a day after President Bashar al-Assad said
the country was in a ''real state of war''
Syria:
Attack on TV staff 'worst massacre against journalism' (VIDEO,
PHOTOS)
- RT
Syrian Information Minister Omran al-Zoubi put the
responsibility for killing of seven TV staffers on the EU, Arab and
International organizations. He called it “the worst massacre
against journalism and the freedom of media.”
Deadly
attack on pro-Assad TV channel (al-Jazeera)
Gunmen
kill several employees of Al-Ikhbariya, south of capital, a day after
president said Syria "in a state of war".
Report:
Syria may have downed Turkish jet after mistaking it for Israeli
aircraft
Turkey
warns Syria to keep its troops away from the countries' troubled
border or risk an armed response.
Two
SAS soldiers on a secret mission were captured by Syrian authorities
after straying across the border from Iraq, it emerged yesterday.
They
were released only after a "high-level intervention" by the
British Government - believed to involve a visit by Foreign Office
Minister Mike O'Brien to the Syrian capital Damascus two weeks ago.
At
least 10 people have been killed and several others wounded in a
bomb attack at a railroad station in southwestern Pakistan.
The
United States successfully carried out a flight test of a
new-generation ballistic missile defense interceptor on Wednesday,
the Missile Defense Agency (MDA) said.
This
significant piece of news has not made it into MSM -- RW
Iran
says new nuclear road map to be prepared in Istanbul
Last
round of nuclear negotiations between Iran and 5+1 group in Moscow
ended without any results.
This
also eludes attention in western media -- RW
Environmental/disasters
More
flee as Colorado fire sends 2-mile wall of flame down ridge
32,000
people evacuated in Colorado Springs area earlier; Obama to visit
Friday
China
quake kills at least four, injures 100
The
quake toppled houses and cut off communications with parts of the
affected counties.
Civil
unrest/revolution
A
van packed with gas canisters has exploded at the main entrance of
Microsoft’s headquarters in Athens, damaging it. The attackers
drove the vehicle through the front door and set off an incendiary
device.
Europe
The German Chancellor, Angela Merkel, is in Paris to try to strike a
Franco-German deal with the French President, Francois Hollande,
amid deep-seated differences at what has been described as
Europe's defining moment.
The
UK government has introduced its new secrecy law in Parliament,
which, if enacted, would mean details of the emerging torture
scandals would be hidden forever
PASOK
boss distances party from partners (Ekathimerini)
Japan
Shareholders
of Japan’s Tepco power company, which operates the troubled
Fukushima nuclear plant, have approved the nationalization of the
company through a $12.58 billion cash injection from the Government.
Egypt
Mohammed
Mursi's first appointments as president-elect of Egypt will be a
woman and a Coptic Christian, a spokesman has said, as he moves
to allay fears about the Muslim Brotherhood.
USA
Stockton,
California, said it will file for bankruptcy after talks
with bondholders and labor unions failed, making the
agricultural center the biggest US city to seek court protection
from creditors.
More
flee as Colorado fire sends 2-mile wall of flame down ridge
32,000
people evacuated in Colorado Springs area earlier; Obama to visit
Friday
One
of Rep. Ron Paul’s (R-TX) lifelong policy goals is on the brink of
becoming a reality.
In a nearly unanimous voice vote on
Wednesday, the House Oversight Committee approved a billthat
would require the U.S. Federal Reserve to conduct a first-ever
complete audit of its books and divulge details about its
monetary policy discussions. The bill is expected to be taken up by
the full House of Representatives sometime next month.
Thought
that endorsing Romney was bad enough?
US
company removed from socially responsible share index over Israeli
use of its bulldozers for demolition in Palestine.
Australia/NZ
Another
boat believed to be carrying asylum seekers heading for Australia
is reportedly in trouble.
50,000
teachers go on strike in Australia's New South Wales
Tens
of Thousands of teachers have walked off the job for 24 hours in
Australia’s New South Wales (NSW) to protest government
reforms.
Media/internet
Rupert
Murdoch presides over a meeting of News Corp's board this
morning that will consider something he has until now been
resisting: a break-up of News into two separately listed entities,
and the quarantining of News' print media assets from the television
and movie businesses that now account for 75 per cent of its
revenue, and 90 per cent of its earnings.
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