Britannia Radio

Ex-PMs Barak and Netanyahu in secret power-sharing talks as Kadima votes for next leader September 16, 2008, 6:43 PM (GMT+02:00) Livni, Mofaz's PM bid ambushed by Barak-Netanyahu's secret scheme Defense minister Ehud Barak of Labor and opposition leader Binyamin Netanyahu of Likud are in advanced negotiations to rotate the premiership between them in order to cut the ground from under ruling Kadima which votes for a new chairman Wednesday, Sept. 17. The ultra-religious Shas is in on the plan. This is reported by DEBKAfile’s political circles. Foreign minister Tzipi Livni and transport minister Shaul Mofaz are front-runners for the post to succeed Ehud Olmert.  More...

Bush approves Federal Reserve $85 bn rescue loan to AIG DEBKAfile Special Report September 17, 2008, 8:48 AM (GMT+02:00) Trillionaire US insurance company bailed out In another key development, Barclays has announced a deal to buy core businesses of Lehman Brothers, whose bankruptcy triggered the current avalanche on the world’s financial markets. By early Wednesday, Sept. 17, Wall Street, Nikei and Hong Kong had begun tentatively to recover ground after two days of disastrous falls. Japan too injected another $19 billion to steady the Nikkei. Israel’s central bank governor Stanley Fischer summoned bank heads Wednesday for an accounting on their exposure to troubled American companies.  More...