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Thursday: 20 Iraqis Killed, 31 Wounded Updated at 7:12 p.m. EST, Feb. 19, 2009
In the continued US occupation of Iraq, at least 20 Iraqis were killed and 31 more were wounded in violence across the country. A U.S. soldier confessed to the "execution style" killing of an Iraqi detainee. In Anbar province there are allegations of voter fraud paid off for the Awakening Councils, who have won largest number of seats. Journalist shoe-thrower Muntadhar al-Zaidi told an Iraqi court that he was tortured during interrogation. More Cousin Of Alleged 9/11 Hijacker Exposed As Israeli Spy
The cousin of alleged 9/11 hijacker Ziad al-Jarrah has been exposed as a long standing Israeli spy in yet another startling intelligence connection between the Zionist state and the attacks on New York and Washington. A New York Times report details how Ali al-Jarrah was a highly valued spy for Israel for no less than 25 years, sending reports and taking clandestine photographs of Palestinian groups and Hezbollah since 1983. More Wealthy depositors turned away from Stanford banks Wealthy depositors were turned away from Allen Stanford's banks in Antigua, Mexico, Colombia, Venezuela, and Panama. Eastern Caribbean Central Bank fears repercussions of bank runs putting economies of Antigua and Barbuda, Anguilla, Dominica, Grenada, Montserrat, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines in jeopardy. English-speaking countries of Caribbean may join their French counterparts in rebellion. More Egypt angry' over Israel truce condition
Egypt expressed its "indignation" on Thursday over Israel's decision by Israel to link a Cairo-brokered truce in Gaza with Hamas, to the release of a seized soldier captured by Gaza militants in a deadly cross-border raid in June 2006. An Egyptian official said "Israel has demolished its credibility" and this attitude will "complicate the situation" . More Foreign Firms, Investors Flee Ireland Brussels lumped Ireland together with Greece and Latvia yesterday on a hit list of countries with "excessive" government deficits, in the latest blow to the pride of the economy once envied across Europe. Many jobs created in the boom are now disappearing. Computer manufacturer Dell announced that it was shedding 1,900 workers , moving some to Poland and contracting out others. More China, Venezuela Boost Economic Cooperation with US$ 12 Billion Fund February 19th 2009,
Chinese Vice President Xi Jinping wrapped up his official visit to Venezuela yesterday, signing a dozen new agreements with Venezuelan President Hugo Chavez in the areas of energy, telecommunications, information, and agriculture. More In National News: Gone in 60 Days: Citi and Bank of America Won’t Live to See May ChartingStocks.net predicts Citigroup and Bank of America won’t live to see May. The government will take them over within the next 60 days. ChartingStocks warned of the coming stock market crash, singled out Bear Stearns , Merrill Lynch and Morgan Stanley. The US government has committed half a trillion dollars to these two firms which is more than 10 times the amount it would cost to buy and control both companies. Citi closed Thursday @ at $2.51 and Bank of America at $3.93. MoreNew York Times Stock Now Costs Less Than Sunday Paper
New York Times stock now costs Less than the Sunday Paper. Shares of NYT dropped 29 cents today to close at $3.77. The Sunday paper goes for $4 at the newsstand. More Alleged fraudster Stanford found in Virginia: February 20, 2009 Texas fraudster and financier Allen Stanford, accused of a 9.2-billion-dollar fraud that affected 131 countries, causing several governments to shut down his banks and seize assets, was tracked down in the US state of Virginia. Stanford was not arrested and is not in custody. FBI agents merely served Stanford with court orders related to the SEC civil filing against the Stanford Financial Group. More Bank of America's CEO is subpoenaed by New York State Attorney General's Office Bank of America CEO and Chairman Kenneth Lewis was issued a subpoena by the New York State Attorney General's Office, which is investigating whether the bank violated state law by withholding information from investors. Attorney General Andrew Cuomo, highly critical of Wall Street firms, accused Merrill Lynch, which was acquired by Bank of America last year, of secretly doling out big bonuses before reporting a huge quarterly loss. More . Who’s behind Madoff? Reporter Wayne Madsen learned that the kid glove treatment given by federal authorities to ponze scam artist, Bernie Madoff, was part of a much larger operation, one involving top officials of both the George W. Bush and Barack Obama administrations, as well as the notorious Russian-Israeli Mafia. More Demand at food banks across the country increased by 30 percent Demand at food banks across the country increased by 30 percent in 2008 from the previous year,” according to a survey by Feeding America. Even food pantries in upscale communities are seeing an uptick in demand. “These are people who never really had to ask for help before,” said Brenda Beavers of the Salvation Army. MOre Big Pharma Quietly Hikes Drug Prices 100 Percent or more Pharmaceutical companies have been raising the prices of many of their drugs by 100 percent or more, according to a study conducted by researchers from the University of Minnesota. More Sen. Patrick Leahy laid out “the case for a truth commission.” People would be invited to come forward and share their knowledge and experiences, not for purposes of constructing criminal indictments but to assemble the facts. If needed, such a process could involve subpoena powers and even the authority to obtain immunity from prosecution in order to get to the whole truth. More Biden Says Bush Gave Al Qaeda Recruiting Tool 20 Feb 2009 Visiting the Central Intelligence Agency to swear in Leon Panetta as the agency’s director, Vice President Joseph Biden said that the Bush administration’s detention and interrogation policies "gave Al Qaeda a powerful recruiting tool" More Contractor Under Criminal Probe for Negligent Deaths Should Be Denied Future Contracts 18 Feb 2009 Amid reports that the Department of Defense recently awarded a multimillion dollar contract to KBR INC, some Members of Congressional sent letter to Secretary Robert Gates requesting an explanation for the latest award to the company, in light of existing criminal probes against KBR . More Sun-powered device converts CO2 into fuel 18 February 2009 Powered only by natural sunlight, an array of nanotubes is able to convert a mixture of carbon dioxide and water vapour into natural gas at unprecedented rates. Craig Grimes, from Pennsylvania State University, whose team came up with the device said such devices offer a new way to take carbon dioxide from the atmosphere and convert it into fuel or other chemicals to cut the effect of fossil fuel emissions on global climate.More |
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