Archive for November 27th, 2009

Dubai debt triggers investor panic

Al Jazeera 11/27/09 A debt default by the state-owned Dubai World has caused investors to sell off shares in Asian banks and raised fears of renewed financial turmoil.Stocks from Tokyo to Mumbai reacted badly on Friday to news of lenders’ exposure in the firms that built artificial island housing developments in the Gulf emirate. Banks in Asia and Europe were quick to distance themselves...
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Federal Reserve tries theater ads to burnish its image

Federal Reserve tries theater ads to burnish its image

LA Times 11/26/09 Reporting from Washington – The Federal Reserve isn’t too popular these days, what with its failure to predict or prevent the financial crisis and recession, not to mention its involvement in last year’s bailouts. Rep. Ron Paul (R-Texas) has a bestselling book out called “End the Fed,” and some lawmakers are looking to...
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Denmark approves new police powers ahead of Copenhagen

The Guardian 11/26/09 By Felicity Carus The Danish parliament today passed legislation which will give police sweeping powers of “pre-emptive” arrest and extend custodial sentences for acts of civil disobedience. The “deeply worrying” law comes ahead of the UN climate talks which start on 7 December and are expected to attract thousands of activists from next week. Under...
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UK: Drivers who leave engines running to clear screens face fines under ‘idling offence’ rules

Daily Mail 11/27/09 By James Tozer Motorists who leave their cars running on frosty mornings to warm up the engine and clear the windscreen could face being fined under anti-pollution rules this winter. Drivers are being told that leaving a car idling for more than a couple of minutes wastes fuel, and they could be served with on-the-spot...
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Chilcot inquiry: Tony Blair decided on Iraq war a year before invasion – envoy

The Guardian 11/26/09 By Julian Borger Tony Blair’s government decided up to a year before the Iraq invasion that it was “a complete waste of time” to resist the US drive to oust Saddam Hussein, opting instead to offer advice on how it should be done, the former British ambassador to Washington said today. Sir Christopher Meyer, testifying...
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ElBaradei Slams Iran, Declares Probe at a ‘Dead End’

Outgoing IAEA Chief Presses Iran to Resolve ‘Issues of Concern’ Anti-War.com 11/27/09 By Jason Ditz With just four days left in his term of office, International Atomic Energy Agency (IAEA) chief Mohamed ElBaradei lashed out at the Iranian government, declaring that their ongoing probes “have effectively reached a dead end, unless Iran engages fully with us.” ElBaradei also expressed...
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In Afghanistan and At Home, We’re Being Driven Off a Cliff

In Afghanistan and At Home, We’re Being Driven Off a Cliff

Information Clearing House / Baltimore Sun 11/27/09 By Ron Smith Football fans have been quite taken by a recurring segment on ESPN’s “NFL Countdown Show” called “C’mon man.” Inspired by former wide receiver Keyshawn Johnson, botched plays from NFL action are highlighted, with the players involved being targeted for the “C’mon man” admonition. It’s funny stuff. But when...
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CIA’s Lost Magic Manual Resurfaces

CIA’s Lost Magic Manual Resurfaces

Wired 11/24/09 By Noah Shachtman At the height of the Cold War, the Central Intelligence Agency paid $3,000 to renowned magician John Mulholland to write a manual on misdirection, concealment, and stagecraft. All known copies of the document — and a related paper, on conveying hidden signals — were believed to be destroyed in 1973. But recently,...
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