Friday 23 July 2010

News For July 23, 2010

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N Korea Vows 'Physical Response' to US

By Press TV

"There will be physical response against the steps imposed by the United States, militarily. It is no longer the 19th century which... maintained the gunboat diplomacy," Ri Tong Il, a spokesman for the North Korean delegation at ASEAN Regional Forum in Hanoi, said on Friday. Continue

Blowback
Video of Times Square Bomber With Pakistan Taliban Commander

Video

During the undated video clip, Hakimullah and Shahzad are shown shaking hands and hugging, as Shahzad speaks in an overlaid audio track: Continue

Cancer Rate In Fallujah Worse Than Hiroshima

By Tom Eley

According to the authors of a new study, “Cancer, Infant Mortality and Birth Sex-Ratio in Fallujah, Iraq 2005–2009,” the people of Fallujah are experiencing higher rates of cancer, leukemia, infant mortality, and sexual mutations than those recorded among survivors in Hiroshima and Nagasaki in the years after those Japanese cities were incinerated by US atomic bomb strikes in 1945. Continue

Oil, Blood Money, and Blair's Last Scandal

By Johann Hari

Sometimes there is a news story that lays out the priorities that drive our governments once the doors are closed and the cameras are switched off. The story of the attempt to trade the Lockerbie bomber for oil is one of those moments. Continue

Israel Hiding Behind The "Iranian Threat"

By Steven Zhou

This renewed exaggeration of an Iranian threat to Israel comes at a time when Israel is clearly being shown to be a strategic liability to the U.S., a fact the Israel Lobby has so far concealed with great success. Continue

Uncovered: Britain's Secret Rendition Programme

By Robert Verkaik, Home Affairs Editor

Until now, this country has been guilty only by association in the illegal transfer of prisoners. But the covert rendition of a Moroccan man by MI5 agents suggests that the practice was central to Britain's 'war on terror' Continue

Shadow Banking Makes A Comeback

By Mike Whitney

Financial system instability is no accident. It's Central Bank policy.  As financial institutions discover they can no longer count on organic growth in the real economy to increase profits, (because consumers are too strapped to spend freely)  they will rely more heavily on dodgy accounting, bogus ratings, opaque debt-instruments, high-frequency trading and lax lending standards. Continue

Federal Report Faults Banks on Huge Bonuses

By ERIC DASH

With the financial system on the verge of collapse in late 2008, a group of troubled banks doled out more than $2 billion in bonuses and other payments to their highest earners. Now, the federal authority on banker pay says that nearly 80 percent of that sum was unmerited. Continue

21 militants killed in Pakistan: At least 21 militants, including two rebel commanders, were killed Friday in ground and air offensives launched by security forces in northwest Pakistan, Xinhua reported.
Dead man walking: Video shows fugitive Swat leader: Fazlullah, who was thought to have been killed near the Afghan-Pakistan border in May, is shown embracing at least 10 suicide bombers, who were said to be ready to "accomplish their mission".
Minority leaders leaving Karzai's side over leader's overtures to insurgents: The man who served as President Hamid Karzai's top intelligence official for six years has launched an urgent campaign to warn Afghans that their leader has lost conviction in the fight against the Taliban and is recklessly pursuing a political deal with insurgents.
Senate Approves $60B for Afghanistan Surge: In a take-it-or-leave-it gesture, the Senate voted Thursday night to reject more than $20 billion in domestic spending the House had tacked on to its $60 billion bill to fund President Barack Obama's troop surge in Afghanistan.
One killed, 15 injured in Iraq attacks; nine suspects arrested: A policeman was killed and 15 other people injured in two separate attacks in Iraq on Friday, while officers arrested nine suspects in northern Iraq, police sources said.
UK admits using DU ammunition in Iraq: "UK forces used about 1.9 metric tons of depleted uranium ammunition in the Iraq war in 2003," UK Defense Secretary Liam Fox said in a written reply to the House of Commons on Thursday, the Kuwait News Agency reported.
Scientific study shows soaring cancer rates in Fallujah; DU suspected: A new epidemiological study reports that "the people of Fallujah are experiencing higher rates of cancer, leukemia, infant mortality, and sexual mutations than those recorded among survivors in Hiroshima and Nagasaki in the years after those Japanese cities were incinerated by U.S. atomic bomb strikes in 1945,"
Mental Illness Increases For U.S. Troops: The wars in Iraq and Afghanistan are taking a toll on minds as well as bodies, statistics released by the U.S. Army indicate. The Army said the number of U.S. soldiers forced to leave the military because of mental disorders increased by 64 percent from 2005 to 2009, USA Today reported Friday.
Two AU peacekeepers killed in Somali violence: Somali Islamist insurgents have killed two African Union peacekeepers in fighting in the country's capital Mogadishu, a spokesman for the AMISOM peacekeeping force said on Friday.
Israeli Forces Kill Unarmed Palestinian: Israeli forces shot to death an unarmed Palestinian man early on Thursday at the edge of a Jewish settlement in the northern West Bank, Israeli military and Palestinian officials said. The Palestinian Authority government condemned the killing, calling it a "breach of the rule of law."
'Arab man attacked for talking to Jewish girl': According to police estimates, the Arab was beaten with a heavy metal object, which the suspect held inside a plastic bag. The victim then lost consciousness and was rushed to the Rambam Medical Center in Haifa.
American Jews don military uniforms for volunteer service: "Nathaniel told me that if he's going to take a bullet, he'd rather take one in Israel, for the country,"
Spanish activists sue Israeli PM: Two Spanish activists have filed a court case against Israeli Prime Minister Benjamin Netanyahu, accusing him of war crimes and crimes against humanity.
Beyond belief: UK seeks war crimes law change: If approved, amendment will enable Israeli politicians, IDF officers to travel to Britain without fear of being arrested. Livni: Free world must differentiate between real war criminals, those who fight terrorism
UN rights body names team to probe Gaza flotilla raid: In response to the UN's decision, a foreign ministry official said that the UN Human Rights Council's made its decision in haste, and that it was "part of the Rights Council's obsession against Israel."
Empire: Constantly changing map of the Middle East region: Illustrating how various "empires" have risen and fallen in the past 5000 years.
Israel deploys navy to stop aid ships: Two Lebanese vessels are expected to depart in an attempt to break the Gaza blockade and deliver humanitarian supplies to Gazans by the end of the week.
'Iran to send man to space by 2019': Iranian President Mahmoud Ahmadinejad says the Islamic Republic has plans to launch its first manned shuttle into the space by 2019.
Russia aims to topple the 'last dictator in Europe': Alexander Lukashenko, the moustachioed former collective farm manager often described as "the last dictator in Europe", could be about to see his iron grip on power in Belarus turned to jelly by an intervention from his domineering neighbour and erstwhile ally, Russia.
US-UK rift over Lockerbie release: The Scottish minister who released the Lockerbie bomber has refused to appear before a US senate committee to explain his decision, deepening a transatlantic rift between the US and Britain over the case.
In Case You Missed It: Lockerbie: Megrahi Was Framed: By John Pilger: The hysteria over the release of the so-called Lockerbie bomber reveals much about the political and media class on both sides of the Atlantic, especially Britain
BP accused of 'buying academic silence': The head of the American Association of Professors has accused BP of trying to "buy" the best scientists and academics to help its defence against litigation after the Gulf of Mexico oil spill.
Deepwater Horizon alarms were switched off 'to help workers sleep': Alarms and safety mechanisms on gulf disaster oil rig were disabled, chief technician at Transocean reveals
Strippers, Booze and Race Riots: BP’s Cleanup Workers Run Amok in Grand Isle
China may switch to currency basket for forex rate: A top Chinese central bank official suggested switching away from the U.S. dollar as a benchmark for the yuan's foreign-exchange rate, switching instead to a basket of currencies, according to remarks published Thursday.
Seven banks fail EU 'stress tests': Seven out of 91 European banks have failed so-called "stress tests" designed to assess their ability to survive a future financial crisis, the committee of European Banking Supervisors (CEBS) has said.
UK: Economy set for triple whammy, admits Bank chief: The British economy faces a triple whammy of higher inflation, lower growth and rising unemployment, according to one of the Bank of England's most senior policy makers. Living standards over the next few years will rise only "minimally".
Feinberg: Unfair to Ask Firms to Return Payouts: U.S. "pay czar" Kenneth Feinberg on Friday declined to request 17 financial firms that doled out $1.6 billion in "ill advised" executive compensation to return the excessive payouts, saying to do so would be unfair to the companies and could trigger private lawsuits and additional Congressional investigation.
20% of Americans hit by major economic loss: A new study released Wednesday estimates that 20% of Americans suffered a significant economic loss last year - the highest level in the past 25 years.
TARP watchdogs reiterate criticisms of mortgage modification efforts: The government's three TARP watchdogs testified before the Senate Finance Committee Wednesday and continued to criticize the government's much-maligned mortgage modification program.
Obama Signs Bill Extending Jobless Benefits: Move Restores Checks to 2.5 Million People, Ends Hard-Fought Political Battle with Republicans
Ann Curry Focuses On 'Hidden America': The Impoverished (PHOTOS)

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