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Latest Articles: International News
77 Americans Soldiers Wounded In Afghan Truck Bombing
Post Date: 2011-09-11 14:32:54 by Brian S
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KABUL, Afghanistan (AP) - Nearly 80 American soldiers were wounded and five Afghans civilians were killed in a Taliban truck bombing targeting an American base in eastern Afghanistan, NATO said Sunday, a stark reminder that the war in Afghanistan still rages 10 years after the Sept. 11 terror attacks against the United States. No U.S. soldiers were killed in Saturday night's bombing, which took place hours after the Taliban vowed to keep fighting U.S. forces in Afghanistan until all American troops leave the country. The insurgent movement also stressed that it had no role in the Sept. 11 attacks. The blast shaved the facades from shops outside Combat Outpost Sayed Abad in Wardak ...
No Government, No Problem - Belgium Celebrates 450 Days Without Government But With Growth
Post Date: 2011-09-10 17:49:46 by Hondo68
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Belgium has not had a government in over 15 months, a record for modern economies. Yet their economy somehow managed to outperform those of the UK, Germany, France, Italy, Spain, The Netherlands, Finland, and Switzerland in the most recent quarter. -- It has been 15 months since Belgium last had a government. More than 450 days later, Belgian politics remain stuck in a gridlock after election results meant that no single party received more than 17.4 percent of seats in the Belgian Chamber of Representatives and 19.61 percent in the Belgian Senate. "Technically this can last until the next federal election has to be called in 2014," said political scientist Dave ...
Egyptian Protesters Break Into Israeli Embassy In Cairo As Obama Expresses Concern To Netanyahu
Post Date: 2011-09-09 19:23:51 by Brian S
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Protesters dump Hebrew documents from windows, tear down Israeli flag and bring down large sections of a security wall built following public demands for the expulsion of the Israeli ambassador. Published 01:45 10.09.11 A group of about 30 protesters broke into the Israeli Embassy in Cairo Friday and dumped hundreds of documents out of the windows, Egyptian and Israeli officials said. Meanwhile, the U.S. president spoke with Israel's prime minister about the situation. Hundreds of protesters had been converging on the embassy throughout the afternoon and into the night, tearing down large sections of a security wall outside the 21-story building housing the embassy. Egyptian security ...
Turkey Set To Sign Military Pact With Egypt After Cutting Trade Ties With Israel
Post Date: 2011-09-09 15:53:36 by Brian S
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A military and economic alliance with Egypt is set to be signed by Turkish Prime Minister Recep Tayyip Erdogan. The deal should be clinched when Erdogan visits Cairo next Monday - the first such visit paid by a Turkish prime minister in 15 years. Under former President Hosni Mubarak, Egypt rejected Turkish overtures; Mubarak viewed Erdogan as an interloper in regions that were under Egypt's, and Saudi Arabia's, influence. The new Egyptian government, however, seems eager to develop economic and strategic ties with Turkey. After keeping mum on the subject of sanctions on Israel for three days, Erdogan has made his position clear: He believes that Israel-Turkey relations are not a ...
israel Wary At "Harsh" Turk Naval Challenge
Post Date: 2011-09-09 13:35:36 by Brian S
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JERUSALEM | Fri Sep 9, 2011 12:56pm EDT (Reuters) - Israel will keep blockading Gaza in the face of Turkey's unprecedented naval challenge and is prepared for escalation though it seeks to calm the waters with its ex-ally, officials said on Friday. Deepening a crisis over Israel's killing last year of nine of their citizens aboard an aid flotilla that tried to reach the Palestinian enclave, the Turks vowed on Thursday to assign warships to escort such convoys in the future. The prospect of a showdown at sea with Turkey, a NATO power and fellow U.S. strategic partner in the region, rattled Israelis already long on edge given Arab political upheaval and Iran's nuclear ...
Ron Paul is right. Military adventurism is a luxury we can no longer afford [Full Thread]
Post Date: 2011-09-09 11:53:00 by Capitalist Eric
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Ron Paul. Is he "The One"? Ron Paul has got himself into trouble over his suggestion that if the US military stopped air con for its troops in Iraq and Afghanistan, it could save the treasury a whopping $20 billion a year. He remarked in the latest Republican presidential candidate debate in the Ronald Reagan Library: I was astonished! We are spending twenty billion dollars on air conditioning for our troops in Iraq and Afghanistan. I would take all that away, use ten billion to pay down the debt, and use the other ten toward FEMA and any other agency that we really need. And if you took that air conditioning away, those troops would come home very quickly, and I’d be ...
Israel’s Growing Isolation—and America’s Decreasing Regional Power
Post Date: 2011-09-09 00:47:05 by Brian S
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The Israeli press is still trying to figure out what to make of Robert Gates’s parting shot at Israeli prime minister Benjamin Netanyahu. According to Jeffrey Goldberg’s column earlier this the week, Gates thinks that Netanyahu is “ungrateful.” Gates is upset because, while the White House has provided the Israelis with “access to top-quality weapons, assistance developing missile-defense systems, high-level intelligence sharing,” the administration hasn’t gotten what it really wants in exchange—movement on the peace process, according to Goldberg. Of course, the Israelis haven’t gotten what they really want either—action on Iran—and ...
Major Power Outage Knocked Out Electricity To More Than 2 Million People In California, Arizona And Mexico, Taking Two Nuclear Reactors Offline
Post Date: 2011-09-08 22:11:33 by Brian S
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SAN DIEGO (AP) — A major power outage knocked out electricity to more than 2 million people in California, Arizona and Mexico on Thursday, taking two nuclear reactors offline, leaving people sweltering in the late-summer heat and disrupting flights at the San Diego airport. San Diego bore the brunt of the blackout and most of the nation's eighth-largest city was darkened. All outgoing flights from San Diego's Lindbergh Field were grounded and police stations were using generators to accept emergency calls across the area. The trolley system that shuttles thousands of commuters every day was shut down and freeways were clogged at rush hour. Police directed traffic at ...
Is Ron Paul an Antisemite? No
Post Date: 2011-09-08 19:10:59 by Capitalist Eric
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Gay people, it is said, have a radar system (gaydar) which enables them to discern anti homosexual bigotry, even when it is not in your face; when it is not apparent to all. African-Americans rely on blackdar, which, similarly, presumably allows members of this community to ferret out racism no matter where it appears, no matter well hidden. Some of them even see this malady within their own race, and characterize such people as "Oreo cookies." In like manner many of us chosen people are supposed to be able to peer deeply into the souls of the goyim to determine if and to what degree anti-Semitism lurks. I don’t like to brag, but (in all such sentences, the reader is advised ...
China Confirms Gold Price Suppression
Post Date: 2011-09-08 14:18:31 by Capitalist Eric
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In a piece of news that certainly delights GATA, Wikileaks published a cable going back to 2009 in the year that European central banks halted their sales of gold. It said the following: “The U.S. and Europe have always suppressed the rising price of gold. They intend to weaken gold's function as an international reserve currency. They don't want to see other countries turning to gold reserves instead of the U.S. dollar or euro. Therefore, suppressing the price of gold is very beneficial for the U.S. in maintaining the U.S. dollar's role as the international reserve currency. China's increased gold reserves will thus act as a model and lead other countries toward ...
Progressive Tax System Associated With Greater Happiness: Study
Post Date: 2011-09-08 13:40:30 by Brian S
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The more progressive a tax system -- where higher tax brackets have higher tax rates -- the more likely people are to report feeling they live the "best possible life," according to a new study comparing 54 nations. "The more progressive the tax policy is, the happier the citizens are," said University of Virginia psychologist Shigehiro Oishi, the lead author of the study. The study analyzed a total of 59,634 people surveyed by the Gallup Organization in 2007 and found those living in the nations with the most progressive taxation evaluated their own quality of life higher than those living in nations with flatter taxation. That happiness, according to Oishi, was ...
Texans in 39 foot boat sailed 8,000 miles, to hold memorial for American sailors killed by Israel
Post Date: 2011-09-08 12:33:40 by mininggold
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Texans in 39 foot boat sailed 8,000 miles, to hold memorial for American sailors killed by Israel * A retired college professor who has sailed approximately 8,000 miles to the eastern Mediterranean has now arrived at his destination: the exact location where Israeli forces tried to sink a US Navy ship in 1967, killing or injuring over 200 American servicemen. Larry Toenjes, 74 years old, is planning to hold a memorial service for those killed on board the ship, the USS Liberty. Israel shelled and torpedoed the ship, an electronics surveillance ship, in an attack that lasted as long as the attack on Pearl Harbor. UPDATE: Memorial to be held 5pm Eastern Time Thursday, Sept. 8 and will be ...
Exclusive: Libyan Missiles Looted
Post Date: 2011-09-07 16:56:29 by Brian S
2 Comments
TRIPOLI, Libya (CNN) - A potent stash of Russian-made surface-to-air missiles is missing from a huge Tripoli weapons warehouse amid reports of weapons looting across war-torn Libya. They are Grinch SA-24 shoulder-launched missiles, also known as Igla-S missiles, the equivalent of U.S.-made Stinger missiles. A CNN team and Human Rights Watch found dozens of empty crates marked with packing lists and inventory numbers that identified the items as Igla-S surface-to-air missiles. The list for one box, for example, written in English and Russian, said it had contained two missiles, with inventory number "Missile 9M342," and a power source, inventory number "Article 9B238." ...
Bring Out Your Dead - UBS Quantifies Costs Of Euro Break Up, Warns Of Collapse Of Banking System And Civil War
Post Date: 2011-09-07 12:18:01 by Capitalist Eric
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Any time a major bank releases a report saying a given course of action is too costly, too prohibitive, too blonde, or simply too impossible, it is nearly guaranteed that that is precisely the course of action about to be undertaken. Which is why all non-euro skeptics are advised to shield their eyes and look away from the just released report by UBS (of surging 3 Month USD Libor rate fame) titled "Euro Break Up - The Consequences." UBS conveniently sets up the straw man as follows: "Under the current structure and with the current membership, the Euro does not work. Either the current structure will have to change, or the current membership will have to change." So far ...
Court Rejects Challenges to German Euro Bailouts [German Courts: We All Sink TOGETHER!]
Post Date: 2011-09-07 12:09:50 by Capitalist Eric
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KARLSRUHE, Germany — In a widely followed ruling on Wednesday, Germany’s Constitutional Court upheld the legality of Berlin’s rescue packages for debt-stricken euro zone countries, but said any future bailouts must be approved by a parliamentary panel. Multimedia Interactive Feature Tracking Europe's Debt Crisis.Related News Analysis: In Euro Zone, Banking Fear Feeds on Itself (September 7, 2011) News Analysis: Merkel’s Blunt Talk Offends Debtor Nations (September 7, 2011) Readers’ Comments Share your thoughts. Post a Comment » Read All Comments (13) » The decision was viewed by some analysts as a rare triumph for Chancellor Angela Merkel and seemed ...
Eurozone Deathwatch
Post Date: 2011-09-06 17:17:26 by Capitalist Eric
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There's no way to overstate the calamity that's unfolding across the Atlantic. The eurozone is imploding. The smart money has already fled EU banks for safe quarters in the US while political leaders frantically look for a way to prevent a seemingly-unavoidable meltdown. Here's an excerpt from a post at The Streetlight blog that explains what's going on: "...ECB data seems to indicate that monetary financial institutions (MFIs) in Europe have been moving their deposits out of European banks. Where is that money going?.... European banks are shifting their cash assets out of European banks and putting much of them into US banks. ... This has happened at a significant ...
Greek Euro Exit Likely Within Days
Post Date: 2011-09-06 15:22:50 by Capitalist Eric
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The game is up for Greece as there is surely no way back for the country and a rapid Euro exit is increasingly likely. Without decisive action, the Euro is also likely to come under increasingly severe selling pressure as the financial crisis spreads. In theory, the EU and IMF can continue to provide the funds agreed under the existing bailout programme, but this will only delay the inevitable as on the current trajectory Greek public debt is likely to be at least 180% of GDP next year. The collateral row also illustrates how difficult it will be to keep EU members on board and willing to contribute to the planned second bailout package. Indeed, there is a high risk that the second bailout ...
Robert Gates Says Israel Is An Ungrateful Ally
Post Date: 2011-09-06 12:05:37 by Brian S
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It was an extraordinary scene: President Barack Obama, sitting impassively in the Oval Office in May as Israeli Prime Minister Benjamin Netanyahu lectured him, at considerable length and at times condescendingly, on Jewish history, Arab perfidy and the existential challenges facing his country. What was extraordinary wasn’t the message -- it was not an untypical Netanyahu sermon. What was notable was that Netanyahu was lecturing the president live on television, during a photo opportunity staged so that the two leaders could issue platitudes about the enduring bonds between their nations. That display of impudence left the president and his team feeling unusually angry. Shortly ...
NEWSROOM SOURCES: NYT LEAD TUESDAY: USA EAVESDROPPED ON ISRAELI EMBASSY IN WASHINGTON... DEVELOPING...
Post Date: 2011-09-05 20:41:23 by A K A Stone
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NEWSROOM SOURCES: NYT LEAD TUESDAY: USA EAVESDROPPED ON ISRAELI EMBASSY IN WASHINGTON... DEVELOPING...
Among the dinosaurs
Post Date: 2011-09-05 17:32:20 by jwpegler
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France’s Socialists have yet to come to terms with the modern world BLISS is it in a financial crisis to be a socialist. Or so it ought to be. In speculators and ratings agencies, Europe’s left has a ready cast of villains and rogues. In simmering social discontent, it has an energising force. A recent issue of Paris-Match inadvertently captured the mood: page after full-colour page on Britain’s rioting underclass were followed by gory visual detail of the bling yachts crowding into the bay near Saint-Tropez. Time, surely, to put social inclusion before defiant decadence. The oddity is that almost everywhere the European left is in decline. Among the large countries, ...
IDF general: Likelihood of regional war growing
Post Date: 2011-09-05 17:18:57 by A K A Stone
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Senior IDF officer warns of 'radical Islamic winter' that may lead to regional war, could prompt use of WMDs; new, more lethal weapons discovered in hands of terrorists during latest round of fighting in Gaza, Major General Eisenberg says Recent revolutions in the Arab world and the deteriorating ties with Turkey are raising the likelihood of a regional war in the Middle East, IDF Home Front Command Chief, Major General Eyal Eisenberg warned Monday. "It looks like the Arab Spring, but it can also be a radical Islamic winter," he said in a speech at the Institute for National Security Studies in Tel Aviv. Ynetnews coverage of growing Mideast threats: * Terror ...
U.S. Scores Major Trade Victory At Wto
Post Date: 2011-09-05 13:09:54 by Brian S
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President Obama and Vice President Biden will have something major on trade to brag about to their union allies this Labor Day. In a major victory for the Obama administration and unions, the United States has won final approval from the World Trade Organization to continue slapping high tariffs on Chinese tire imports. The WTO Appellate Body on Monday ruled in Geneva that safeguard tariffs imposed by President Obama on China two years ago were legal under WTO rules. Obama had imposed the penalties for three years in response to a petition filed by the United Steelworkers union and findings by the U.S. International Trade Commission. “This is a tremendous victory for the United ...
Libyan rebels round up black Africans
Post Date: 2011-09-05 10:48:09 by A K A Stone
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TRIPOLI, Libya (AP) — Rebel forces and armed civilians are rounding up thousands of black Libyans and migrants from sub-Sahara Africa, accusing them of fighting for ousted strongman Moammar Gadhafi and holding them in makeshift jails across the capital. Virtually all of the detainees say they are innocent migrant workers, and in most cases there is no evidence that they are lying. But that is not stopping the rebels from placing the men in facilities like the Gate of the Sea sports club, where about 200 detainees — all black — clustered on a soccer field this week, bunching against a high wall to avoid the scorching sun. Handling the prisoners is one of the first major ...
Iceland says it was "bullied" over bank debt
Post Date: 2011-09-04 17:48:33 by Sebastian
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Iceland's president accused European countries on Sunday of having bullied it into agreeing to guarantee repayment of the debts of a failed bank, reviving a dispute with Britain and the Netherlands whose citizens are owed billions. When Iceland's banking sector collapsed in the 2008 global financial crisis, accounts were frozen at the bank Landsbanki, which had accepted deposits from British and Dutch savers through online funds called Icesave. Iceland says the estate of the failed bank will be enough to repay about $5 billion of debt to the British and the Dutch. The two countries had wanted the government in Reykjavik to give a state guarantee to the repayment. In a referendum ...
'Race Is On' To Keep Gadhafi's Weapons Stockpiles From Al Qaeda
Post Date: 2011-09-04 14:00:01 by Brian S
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09/04/11 11:03 AM ET Rep. Mike Rogers (R-Mich.), chairman of the House Intelligence Committee called on the United States to be “more involved” in ensuring that Moammar Gadhafi’s stockpiles of weapons did not fall into the hands of terrorist organizations. “I would like us to be more involved,” said Rogers who appeared on CNN’s State of the Union on Sunday with Sen. Joe Lieberman (I-Conn.), the chairman of the Senate Homeland Security Committee. “And I'm not talking about boots on the ground or big military. We need to use our special capabilities that really only the United States has to secure, account for those weapons and render them safe. And ...
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