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Latest Articles: International News
China's first aircraft carrier held its first sea trial Wednesday morning
Post Date: 2011-08-09 20:13:06 by buckeroo
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China's first aircraft carrier held its first sea trial Wednesday morning, in a step likely to stoke patriotic pride at home and jitters abroad about Beijing's naval ambitions. The long-awaited debut of the carrier, refitted from a former Soviet craft, marks only an initial step toward China's plans to build a carrier force that can project influence into the region, where seas are spanned by busy shipping lanes and thorny territorial disputes. The carrier "left its shipyard in Dalian Port in northeast Liaoning province Wednesday morning to start its first sea trial," said Xinhua, describing the trip as only a tentative trial run for the unfinished ship. ...
Riots Spread North As London Cools
Post Date: 2011-08-09 17:16:57 by Brian S
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Rioting and looting spread to Manchester and the Midlands from London tonight with plans to prevent a fourth night of violence on the streets of the capital appearing to have worked. Prime Minister David Cameron flew back from his holiday early to join police chiefs in warning rioters they would face the full weight of the law. He chaired a meeting of the Government's emergency Cobra committee today, with another due to take place at 9am tomorrow. Businesses and shops across the capital shut down early in a bid to avoid attack from the gangs of youths who have ransacked buildings across the city over the previous days. Many firms also sent staff home amid fears that rioters could ...
Rioting In London Spread To Heavily Jewish Neighborhoods
Post Date: 2011-08-09 13:06:45 by Brian S
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August 9, 2011 (JTA) -- Rioting in London spread to heavily Jewish neighborhoods. Stores in the Jewish communities of Stamford Hill and Golders Green were urged to close and secure merchandise Monday night as unrest that began Saturday night in the north London neighborhood of Tottenham spread throughout London. Residents of Tottenham's Chasidic Orthodox community reportedly gathered on the street to heckle police over Shabbat, The Guardian reported. But following warnings from local rabbis and the Shomrim Orthodox security service, most members of the Jewish community stayed away from the riots, according to the Jewish Chronicle. They were advised that they could go to synagogue, ...
What's behind the London riots? - VIDEOS
Post Date: 2011-08-09 12:44:18 by lucysmom
24 Comments
snip It began as a protest but it quickly descended into anarchy and lawlessness; these nightly confrontations are terrifying in their violence and frightening in their pointlessness; but they have not come out of nowhere and they're about more than just urban alienation or aggression. Anyone who tells you otherwise has no appetite for reality. It's not erroneous to accuse the rioters of criminality - but you shouldn't just stop there. Something's shifting in the wider British culture and you're kidding yourself if you pretend not to see it. All you need to do is look at the scale of the riots now engulfing London - they pass from district to district, they're ...
Grandmothers Video Plea Sheds Light On Yukon's Hacked Account
Post Date: 2011-08-08 15:56:13 by Biff Tannen
32 Comments
Poster Comment:You can hear him screaming in the background.
FROM CHINA: China passed the crisis outside the United States to be vigilant
Post Date: 2011-08-08 00:19:33 by A K A Stone
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U.S. stocks plummeted on Thursday, the Dow fell more than 512 points, down 4.31%; the Nasdaq more than 5% decline, following the 2008 financial crisis since the largest single-day drop. We can not help but ask, the U.S. debt default crisis is not narrowly over? House and Senate have passed the U.S. debt limit of agreement, why the stock market slump?
In fact, to think carefully about the U.S. debt ceiling bill the following three main elements: three steps to improve debt ceiling, the range of one trillion yuan -2.4 2.1 trillion dollars; deficit must be cut $ 2.4 trillion, is now divided into three steps, and simultaneously raise the debt ceiling; silent and raise taxes on the rich. Look ...
Israelis Plan Million-Strong March As Protesters Call For Social Justice
Post Date: 2011-08-07 15:35:55 by Brian S
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Activists behind spiralling protests in Israel plan to build on one of the biggest marches ever seen in the country by piling on "more pressure, more people, more tents and more protests" culminating in a million-strong march in 50 cities next month.An estimated 300,000 people took to the streets on Saturday to press their demands for social justice and lower living costs in the largest demonstrations over social issues ever seen in the country. Despite scepticism that turnout could surpass previous events, almost twice as many people joined marches in Tel Aviv, Jerusalem and other towns and cities.Binyamin Netanyahu, Israel's prime minister, was forced to respond to the ...
Tel Aviv Exchange Halts Trade After 6% Fall
Post Date: 2011-08-07 13:19:00 by Brian S
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AFP - Trading on Israel's Tel Aviv stock exchange was temporarily halted on Sunday after the market fell six percent at the open on news of a US credit rating downgrade, Israeli public radio reported. Trading opened as normal on Sunday, the first day of Israel's working week, but mandatory suspensions went into effect minutes into the session as the stock exchange plunged. The leading TA-100 indice was down 5.73 percent at 988.24 points by the time trading was halted, while the blue-chip TA-25 had fallen 5.42 percent to 1,092.41, according to the Tel Aviv Stock Exchange website. The session was the first on the Israeli bourse since Standard & Poor's rating agency said it ...
Finance leaders urgently discuss market stability
Post Date: 2011-08-07 12:15:03 by We The People
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TOKYO (AP) — Representatives of the world’s leading economies on Sunday urgently discussed the stability of financial markets after a historic U.S. credit downgrade rattled investors already worried about European debt crises. Deputies from the Group of 20 advanced and emerging economies talked by telephone Sunday about proposals to minimize market shocks, South Korea’s central bank said. And the financial ministers from the Group of Seven economies planned talks before Asian markets open Monday. The countries are concerned that Standard & Poor’s downgrade of the U.S. credit rating late Friday will shake global markets. In a sign of the fallout, Middle East markets ...
Riot blaze: London in flames police cars, bus, shops burn over police shooting of 'gangster' (Yo! Photos of 'yoots')
Post Date: 2011-08-07 11:02:19 by Liberator
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* Twenty-six police officers hurt in clashes, with eight treated in hospital * Scotland Yard still dealing with 'isolated pockets of crime' this morning * Tottenham MP David Lammy appeals for calm and warns that there may be fatalities * Mob of 500 people protest about death of gangsta father-of-four Mark Duggan who was shot by officers * 100 riot police on the streets as Tottenham burns * Fears that violence was fanned by Twitter as picture of burning police car was re-tweeted more than 100 times * One eyewitness reports that trouble was ignited by police hitting a 16-year-old girl with batons * Shop looted and youths storm McDonald's and start cooking their own food * Mail on ...
CERN: Where the web was born due to European Big Government Socialism
Post Date: 2011-08-06 22:44:15 by Godwinson
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Where the web was born Tim Berners-Lee, a scientist at CERN, invented the World Wide Web (WWW) in 1989. The Web was originally conceived and developed to meet the demand for automatic information sharing between scientists working in different universities and institutes all over the world. CERN is not an isolated laboratory, but rather a focus for an extensive community that now includes about 60 countries and about 8000 scientists. Although these scientists typically spend some time on the CERN site, they usually work at universities and national laboratories in their home countries. Good contact is clearly essential. The basic idea of the WWW was to merge the technologies of personal ...
German Government Thinks Italy Too Big For European Financial Stability Facility To Save -Spiegel
Post Date: 2011-08-06 13:20:53 by Brian S
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Dow Jones Newswires 08-06-111248ET FRANKFURT -(Dow Jones)- Germany's government thinks Italy is too big for Europe's rescue fund to save, Der Spiegel magazine reports in a preview of an article to be published Monday. The government doubts whether even tripling the size of the rescue fund, known as the European Financial Stability Facility, would enable it to save Italy because the country's financing needs are so enormous, the magazine reports without naming the source of its information. European Commission President Jose Manuel Barroso this week suggested increasing the size of the EFSF, which currently has a planned lending capacity of EUR440 billion ($622.9 billion), to ...
China Tells US 'Good Old Days' of Borrowing Are Over
Post Date: 2011-08-06 11:31:28 by Brian S
2 Comments
NEW YORK/SHANGHAI (Reuters) - China bluntly criticised the United States Saturday one day after the superpower's credit rating was downgraded, saying the "good old days" of borrowing were over. Reuters Standard & Poor's cut the U.S. long-term credit rating from top-tier AAA by a notch to AA-plus Friday over concerns about the nation's budget deficits and climbing debt burden. China -- the United States' biggest creditor -- said Washington only had itself to blame for its plight and called for a new stable global reserve currency. "The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out ...
A Secret War in 120 Countries
Post Date: 2011-08-06 10:20:46 by We The People
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Somewhere on this planet an American commando is carrying out a mission. Now, say that 70 times and you’re done… for the day. Without the knowledge of the American public, a secret force within the U.S. military is undertaking operations in a majority of the world’s countries. This new Pentagon power elite is waging a global war whose size and scope has never been revealed, until now. After a U.S. Navy SEAL put a bullet in Osama bin Laden’s chest and another in his head, one of the most secretive black-ops units in the American military suddenly found its mission in the public spotlight. It was atypical. While it’s well known that U.S. Special Operations forces are ...
Asia stock analysts see plunge as panic
Post Date: 2011-08-05 14:01:17 by Capitalist Eric
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SYDNEY (MarketWatch) — Asian equity markets plunged into deep losses Friday, with some indices tanking more than 4%, but strategists say the outlook for the region remains strong and that the market panic has even created some buying opportunities. “You have to distinguish between what we’re seeing right now, which is periods of market panic, versus longer-term issues about growth, earnings and valuations,” Russell Investments chief investment strategist for the Asia Pacific Andrew Pease said. By early Friday afternoon , Japan’s Nikkei Stock Average /quotes/zigman/715506 JP:NIK -3.72% had tumbled 3.6%, Hong Kong’s Hang Seng /quotes/zigman/2622475 HK:HSI ...
Bush and Obama: Not a Dime's Worth of Difference
Post Date: 2011-08-05 01:32:31 by jwpegler
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Leon Panetta, the current Secretary of Defense, warned today that he would not accept large cuts in military spending as part of a deal to slow the increase in the government's debt. Penetta insisted that we need to borrow money from foreigners to bring the government's wars to "stable conclusions". Unfortunately, Penetta seems to be affected with the same type of delusions that plague most U.S. politicians. The government's wars in the Middle East are not going to come to a stable conclusion regardless of how much money we borrow from China to wage them. Regardless of when we leave Afghanistan -- next week or next year -- the Taliban will reassert their power. ...
69% Say It’s Likely Scientists Have Falsified Global Warming Research
Post Date: 2011-08-04 19:03:55 by Capitalist Eric
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The debate over global warming has intensified in recent weeks after a new NASA study was interpreted by skeptics to reveal that global warming is not man-made. While a majority of Americans nationwide continue to acknowledge significant disagreement about global warming in the scientific community, most go even further to say some scientists falsify data to support their own beliefs. The latest Rasmussen Reports national telephone survey of American Adults shows that 69% say it’s at least somewhat likely that some scientists have falsified research data in order to support their own theories and beliefs, including 40% who say this is Very Likely. Twenty-two percent (22%) don’t ...
“Solution” to The Debt Crisis: More Debt
Post Date: 2011-08-04 18:51:17 by Capitalist Eric
8 Comments
It was 15-months ago that we projected that the second half of 2011 and onward would present many financial and economic problems, and we have not been disappointed. There was federal debt and its renewal, which we are now suffering through, municipal debt problems, the lack of any kind of solid recovery and financial problems emanating from Europe. Making the situation more difficult is the statistical exposure at Princeton University that more than $5 trillion has been spent since 9/11 to create new wars in Iraq, Afghanistan, Libya and Pakistan, with more in the works. Running neck and neck has been the federal debt issue and the second bailout of Greece and its affect on the debt ...
Iran Revolutionary Guards Commander Becomes New President Of OPEC
Post Date: 2011-08-04 12:24:45 by Brian S
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A senior Iranian revolutionary guards commander targeted by international sanctions has taken over the presidency of Opec after he became Iran's oil minister on Wednesday. Rostam Ghasemi, head of the Khatam al-Anbia military and industrial base, was one of four ministersnominated by president Mahmoud Ahmadinejad to join his cabinet last week and approved by Iran's conservative-dominated parliament. Ghasemi is currently subject to US, EU and Australian sanctions and his assets have been blacklisted by US Treasury and western powers. He took 216 votes from the 246 deputies present in the 290-seat parliament. Iranian state media interpreted the vote as a reaction by Iran's ...
China, Russia Discuss Military Cooperation
Post Date: 2011-08-04 12:18:08 by Brian S
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MOSCOW, Aug. 4 (Xinhua) -- The chief of the Chinese army's General Staff Chen Bingde discussed military cooperation with Russian Defense Minister Anatoli Serdyukov on Thursday. During their talks, Chen, chief of the General Staff of the People's Liberation Army (PLA), said bilateral military relations were in good shape and there had been dramatic progress in recent years. China stood ready to work with Russia to further advance their military ties, which would help promote the China-Russia strategic cooperative partnership and was conducive to peace and stability in the region and the world, Chen said. Serdyukov lauded the relationship between the two countries and the two ...
The Fiat Dollar & Debt Democracy Experiments Have Failed
Post Date: 2011-08-03 17:15:35 by Capitalist Eric
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Washington claims the federal debt limit extension and the threat of default is postponed. This is just more political theatre as the Treasury debt downgrade will happen and eventually a bankrupt America will attempt to inflate the debt away and default. It is the same across the Atlantic where the sovereign debt crisis still stalks the politicians in the EU. The political and economic reality of the sordid situation cannot be covered up by the establishment news hacks or by more lies or the blame game by either party. The Washington experiment of borrowing trillions to buy elections today to be paid for by future generations has failed in the US and across Europe. America's Ability ...
China Joins Russia in Blasting U.S. Borrowing After Debt Ceiling Agreement
Post Date: 2011-08-03 11:09:42 by Brian S
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China, the largest foreign investor in U.S. government securities, joined Russia in criticizing American policy makers for failing to ensure borrowing is reined in after a stopgap deal to raise the nation’s debt limit. People’s Bank of China Governor Zhou Xiaochuan said China’s central bank will monitor U.S. efforts to tackle its debt, and state-run Xinhua News Agency blasted what it called the “madcap” brinksmanship of American lawmakers. Russian Prime Minister Vladimir Putin said two days ago that the U.S. is in a way “leeching on the world economy.” The comments reflect concern that the U.S. may lose its AAA sovereign rating after President Barack ...
German Economy Starts to Cool Down
Post Date: 2011-08-03 03:31:10 by socalv8
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Is the party over for the German economy, which has been enjoying its strongest boom since reunification? Sentiment indicators and company forecasts point to a slowdown caused in part by weakening activity in China. Fears are also growing about the US outlook and the simmering euro debt crisis. Germany staged an impressive recovery from the 2008/2009 global economic crisis, but there are increasing signs that the boom is now coming to an end. After almost two years of strong growth, its economic outlook is starting to deteriorate, due to a slowdown in major emerging markets including China and fears of a possible United States recession caused by $2.4 trillion in spending cuts linked to ...
Obamas Idiotic Infographic
Post Date: 2011-08-02 21:29:40 by CZ82
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Obama's Idiotic Infographic By Peter Wilson President Obama has suggested in his last 147 television appearances that he inherited the national debt from President Bush, who squandered the Clinton surplus with his "tax cuts for the rich" and his unnecessary wars. Now someone at whitehouse.gov, apparently not an accountant or an economist, has put together an "infographic" that assigns hard numbers to these vague assertions, explaining in detail how "$12.7 Trillion [was] Added to the Debt Over the Last Decade." The graphic parts of the infographic are competent, and the White House logo looks spiffy, but the info part is entirely mendacious. The ...
List Of Countries By National Debt - Top 20 Debtor Nations
Post Date: 2011-08-02 17:26:29 by Brian S
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