Daily Archives

‘Hundreds abducted’ in Ivory Coast election unrest – UN

BBC – Hundreds of people in Ivory Coast are reported to have been abducted from their homes since last month’s disputed election, the UN says. The UN High Commissioner for Human Rights says some of the assailants wore military uniforms and there is evidence of “massive” human rights violations. More than 50 people have died in violence in recent days, she adds. Incumbent President Laurent Gbagbo says he won the poll, but his rival Alassane Ouattara has international backing. On Saturday Mr Gbagbo demanded that all 10,000 foreign peacekeepers leave the country, saying UN and French troops were colluding with former rebels. UN Secretary General Ban Ki-moon rejected the call. Read Article

Drug Research Gets New Asian Focus

Wall St Journal – Big drug makers from the West are making a new kind of push into fast-growing Asian markets: creating drugs for diseases that are more prevalent there. Within the past year, Pfizer Inc., the world’s largest drug company by sales, began work in China on an anti-inflammatory compound to treat liver disease, a big killer in Asia. Health-products giant Johnson & Johnson announced last month a collaboration with a university in Beijing to research infectious diseases threatening the region. Bristol-Myers Squibb Co. also last month announced a partnership with Nanjing-based Simcere Pharmaceutical Group to develop a cancer treatment. Read Article

S Korea conducts live-fire drill on border island

ABC – South Korea has completed a live-fire artillery drill on a border island shelled last month by North Korea, despite Pyongyang threatening merciless retaliation in response to the military exercise.The drills began on Yeonpyeong island about 2:30pm (local time) and lasted about an hour, with South Korean troops firing artillery and cannons.Yonhap news agency said two destroyers were deployed in forward positions in the Yellow Sea. Read Article

Five Palestinians killed in Israeli air strike

Irish Times – FIVE PALESTINIAN militants were killed late Saturday night in an Israeli air strike in the centre of the Gaza strip.The Israeli military said in a statement that its aircraft “targeted and identified hitting a squad of terror operatives who were preparing to launch rockets towards Israeli territory”.Palestinian sources confirmed that the dead men were members of the Islamic Jihad and Popular Resistance Committees militias. Read Article

Payrolls Drop in 28 U.S. States, Joblessness Rises in 21 in Labor Setback

Bloomberg – Payrolls decreased in 28 U.S. states and the unemployment rate climbed in 21, showing most parts of the world’s largest economy took part in the November labor- market setback. North Carolina led the nation with 12,500 job cuts last month, followed by Massachusetts with 8,600 dismissals, and Ohio with 7,800, figures from the Labor Department showed today in Washington. Joblessness increased most in Georgia and Idaho, while workers in Nevada faced the highest rate in the country at 14.3 percent. The report is consistent with figures on Dec. 3 that showed unemployment increased last month for the first time since August. Read Article

Vitamin D debate

Democrat and Chronicle – New guidelines for how much vitamin D the public needs have prompted worried people in the Rochester area to contact their doctors or supplement providers. The Institute of Medicine, in a Nov. 30 report, concluded that most people get enough vitamin D without supplements, based on surveys of blood levels. Also, emerging evidence suggests people could be harmed by high-dose vitamin D supplements, which runs contrary to recent beliefs. “All my patients were coming in saying they were going to die of [high]vitamin D levels,” says Dr. Wakenda Tyler, an orthopedic surgeon at Strong Memorial Hospital.Read article

Healthbeat: Controversy around new vitamin D recommendations

Seacoast online – The Institute of Medicine, part of the National Academy of Sciences, recently released its new recommendations for vitamin D. The previous recommendations were made in 1997, and since then, much research has investigated the potential functions of vitamin D in the body. Initial knowledge about this vitamin centered on its benefit to bone health. For years, we have known about the negative changes that can occur in bone with vitamin D deficiency. In the past decade, however, a number of other connections between vitamin D and health have been studied. Read article

Bangladesh investors riot over stock market fall

BBC – Hundreds of angry investors have staged protests in the Bangladeshi capital, Dhaka, after the stock exchange saw its steepest ever fall in a day.Reports said they threw bricks at police, marched in the streets shouting slogans, and staged a sit-down protest.Shares in the stock exchange suffered large falls within hours of opening on Sunday as panicked investors went on a selling spree.The index ended the day down by 552 points or 6.72%. Read Article

Opinion Editorial – The Pyramid Of Frauds

Viv Forbes explains why one of the fastest growing industries in the world, the multi-billion dollar Global Warming Industry, is based on a pyramid of frauds and its inevitable collapse will be worse than the sub-prime crash CLICK HERE TO READ

Arizona, Nevada Sue Bank of America over home loans, modifications

Business Journal – Arizona and Nevada are suing Bank of America Corp., claiming one of the nations largest banks engaged in mortgage fraud. Attorney General Terry Goddard announced the lawsuit, filed in Maricopa County Superior Court, on Friday. It came after the office said hundreds of complaints have been filed against Bank of America (NYSE: BAC) and that the company violated the Arizona Consumer Fraud Act and a consent judgment from March 2009 between the state and Countrywide companies, which Bank of America owns. Read Article

Lilly suspends melanoma trial after deaths

PharmaTimes – Eli Lilly has suffered a setback with the news that it has stopped a late-stage clinical trial of its investigational skin cancer drug tasisulam after 12 study participants died. The company has suspended its global Phase III study evaluating tasisulam as a second-line treatment for patients with unresectable or metastatic melanoma. Lilly, in consultation with an independent data monitoring committee, has recommended a “full clinical hold,” because of safety concerns. The trial sought to compare tasisulam versus paclitaxel and enrolled more than 300 patients in 18 countries; its primary endpoint is overall survival. Read article

Bank of America stops handling Wikileaks payment

BBC – Bank of America has stopped handling payments for whistle-blowing website Wikileaks, joining several other major financial institutions.It said it acted because “Wikileaks may be engaged in activities that are… inconsistent with our internal policies for processing payments”.In response, Wikileaks urged its supporters to stop doing business with the bank – one of the world’s largest. MasterCard, PayPal and other companies earlier cut off Wikileaks’ payments. Read Article

Climate Fact Of The Day – Geological record shows no relationship between CO2 and Temperature

SOURCE: http://ff.org/centers/csspp/library/co2weekly/2005-08-18/dioxide_files/image002.gif

SOURCE: http://ff.org/centers/csspp/library/co2weekly/2005-08-18/dioxide_files/image002.gif

From 150 million years ago to 65 million years ago, CO2 levels decreased by 1000 ppm. During that same period, temperatures rose by 7 degrees Centigrade.

Facebook Page Video Of The Week – The Economic Hitmen

As voted for by fans at our Facebook page. Did you have your say?

East Africa: IMF to Support Regional Monetary Union

All Africa – The International Monetary Fund (IMF) has agreed to provide necessary support to the East African Community in its efforts to establish a regional monetary union. A statement from the East African Community says John Wakeman-Linn, the IMF Senior Resident Representative in Tanzania, pledged IMF’s support while meeting the EAC Secretary General, Ambassador, Juma Mwapachu in Arusha. Welcoming the pledge, Mwapachu said they would draw lessons from West Africa and the European Union, where the IMF played a pivotal role in the merger of these regions’ economies and the formation of Monetary Unions. Read Article

IMF chief worried about Europe domino effect

Reuters – The head of the International Monetary Fund said on Thursday he was worried that EU leaders’ piecemeal approach to Europe’s debt crisis was encouraging markets to pick off weak countries one by one. Dominique Strauss-Kahn appeared to endorse the idea of common euro bonds, saying they could be a useful tool, but added the political will to give power to the center of Europe was the main hurdle to their creation. “I am worried, and that’s why I am urging the Europeans … to provide a comprehensive solution because this piecemeal approach … obviously doesn’t work,” Strauss-Kahn told Reuters. “The markets are just waiting for what’s next.” Read Article

PTC Pressuring Producers, Advertisers to Tone Down How Teen Girls Are Portrayed on TV

Hollywood Reporter – Primetime TV shows that appeal to teenagers are promoting the “sexualization” of girls at an alarming rate, including more portrayals of underage females being objectified than adults, especially for laughs, according to the Parents Television Council. The watchdog group is calling on producers, advertisers and government regulators to take an honest assessment of the sexually provocative way girls are portrayed on TV and take it down a notch. Or two. Read article

Protesters try to storm government HQ in Belarus

BBC – Thousands of opposition protesters in Belarus have tried to storm the government headquarters, following the country’s presidential election.The demonstrators smashed windows and the doors of the building in Minsk, but were later pushed back by riot police.Four presidential candidates have been arrested. Another was injured in an earlier incident.Incumbent Alexander Lukashenko is widely expected to win the poll, which the opposition claims has been rigged. Read Article

Venezuela acquires 1,800 antiaircraft missiles from Russia

Washington Post – Russia delivered at least 1,800 shoulder-fired antiaircraft missiles to Venezuela in 2009, U.N. arms control data show, despite vigorous U.S. efforts to stop President Hugo Chavez’s stridently anti-American government from acquiring the weapons. Read Article

Goldman Sachs pay out $111million in bonuses despite taking billions in bailout money

Daily Mail – Goldman Sachs bosses are to pick up $111million in bonuses in an ‘outrageous’ pay deal that flies in the face of the worst recession for 80 years. The investment banks’ chief executive Lloyd Blankfein and president Gary Cohn will get $24million each under the bumper agreement that will see thousands of others get huge rewards. The bonuses were agreed in 2008 months before Goldman took $10billion of U.S. bailout money, but due to technicalities there is no way to stop the bank from paying them out. Read Article

Latest Nixon tape buries Kissinger’s reputation

“The emigration of Jews from the Soviet Union is not an objective of American foreign policy. And if they put Jews into gas chambers in the Soviet Union, it is not an American concern.” — Henry Kissinger
Over the last few weeks, this modest little column of mine has been acquiring an almost eerie prescience and potency. I called for the death sentence on Tariq Aziz to be commuted, and it was only a matter of days before the president of Iraq announced that he would not sign Aziz’s death warrant. I called for Julian Assange to turn himself in, and he appeared at a London police station within hours of my words being published. Small stuff, you say. Show us something with a bit more heft and handle to it. All right, how’s this? In a November column, I denounced the shameful offer made by the Obama administration to the Netanyahu Cabinet in Israel and called for it to be withdrawn. And last week, in a wretched and furtive manner that befitted its original taint of bribery and corruption, withdrawn it was. How do you like that? Read Article

Vatican allowed pedophile to remain in priesthood, report says

Boston.com – The Vatican prevented Dublin church leaders from dismissing a particularly dangerous pedophile priest and relented only after he raped a boy in a pub restroom, an investigation reported yesterday. Archbishop Diarmuid Martin of Dublin said he fully accepted the findings of the latest chapter in Ireland’s investigation into child abuse by Dublin priests who were shielded from the law by Catholic leaders. Read article

Washington Metro to start random bag searches

Washington Examiner – Metro plans to begin random searches of its riders’ bags in the coming days, the transit agency said Thursday, revisiting a plan first announced two years ago. Metro Police Chief Michael Taborn said the coordinated effort with the Transportation Security Administration was not in response to a specific threat but was part of a continuing effort to keep the system safe from explosives. Boston, New York and New Jersey transit officials do similar searches, according to the agency. Metro officials would not specify when the first searches will begin, how long they will last, which locations will be targeted or how many riders’ bags will be searched. The agency planned to start alerting riders with pamphlets and station announcements on Thursday afternoon. Read Article

Does Fluoride Really Fight Cavities by ‘the Skin of the Teeth?’

ScienceDaily — In a study that the authors describe as lending credence to the idiom, “by the skin of your teeth,” scientists are reporting that the protective shield fluoride forms on teeth is up to 100 times thinner than previously believed. It raises questions about how this renowned cavity-fighter really works and could lead to better ways of protecting teeth from decay, the scientists suggest. Read article

Journalists at Pentagon daily barred from WikiLeaks

AFP – The Pentagon has banned journalists with the popular defense daily Stars and Stripes from consulting leaked diplomatic cables published by WikiLeaks, prompting charges of censorship. “The editorial independence of Stars and Stripes and its readers’ right to news free of censorship are being threatened by an overly broad and misdirected response to the Wikileaks debacle,” the daily wrote. Read article