Sunday, 28 March 2010 14:54 'Foreign leaders believe a Tory win in the general election could prove to be the biggest obstacle to French and German plans to give Brussels sweeping new powers to police national economies. Angela Merkel, the German Chancellor, insisted changes to the Lisbon Treaty were needed to introduce the measures and in order to prevent another Greek crisis. She insisted an incoming Conservative government would not be allowed to use new treaty negotiations to ask for powers to be returned to Britain. She challenged the Tory leader to defy the might of Berlin, and the EU.' Read more: EU Shapes Up For Battle With Tories Over New Treaty Sunday, 28 March 2010 13:21 'Former French President Jacques Chirac is faced with a long prison sentence for embezzlement after a Paris court ordered him to stand trial. Chirac might get ten years in prison after being accused of creating 'fictitious' jobs in order to pay his political colleagues during his time as Paris mayor between 1977-1995.' Read more: Chirac Ordered to Stand Trial for Fraud Monday, 29 March 2010 06:26 'Two deadly explosions have hit the metro system in Russia's capital Moscow, killing at least 41 people, emergency officials say. According to Irina Andrianova a spokeswoman for Russia's Ministry of Emergency Situations, the first blast shook Moscow's central Lubyanka metro station during rush hour early on Monday. At least 26 people were killed and 10 wounded in the attack, both on the platform and in the train.' Read more: 41 Killed in Moscow Metro Blasts Monday, 29 March 2010 07:13 'Pharmaceutical giant Pfizer has been ordered to pay $142 million US in damages for fraudulently marketing gabapentin, an anti-seizure drug marketed under the name Neurontin. A federal jury in Boston ruled Thursday that Pfizer fraudulently marketed the drug and promoted it for unapproved uses. The jury sided with California-based Kaiser Foundation Health Plan Inc. and Kaiser Foundation Hospitals, the first to try a gabapentin case against Pfizer. Data revealed in a string of U.S. lawsuits indicates the drug was promoted by the drug company as a treatment for for pain, migraines and bipolar disorder — even though it wasn't effective in treating these conditions and was actually toxic in certain cases, according to the Therapautics Initiative, an independent drug research group at the University of British Columbia.' Read more: Pfizer to Pay $142M For Drug Fraud Monday, 29 March 2010 07:22 'London metals trader Andrew Maguire, who warned an investigator for the U.S. Commodity Futures Trading Commission in advance about a gold and silver market manipulation to be undertaken by traders for JPMorgan Chase in February and whose whistleblowing was publicized by GATA at Thursday's CFTC hearing on metals futures trading was injured along with his wife the next day when their car was struck by a hit-and-run driver in the London area.' Read more: CFTC Whistleblower Injured in London Hit-and-Run Monday, 29 March 2010 08:15 'JPMorgan Chase & Co., Lehman Brothers Holdings Inc. and UBS AG were among more than a dozen Wall Street firms involved in a conspiracy to pay below-market interest rates to U.S. state and local governments on investments, according to documents filed in a U.S. Justice Department criminal antitrust case. A government list of previously unidentified “co-conspirators” contains more than two dozen bankers at firms also including Bank of America Corp., Bear Stearns Cos., Societe Generale, two of General Electric Co.’s financial businesses and Salomon Smith Barney, the former unit of Citigroup Inc., according to documents filed in U.S. District Court in Manhattan on March 24.'
Chirac Ordered to Stand Trial for Fraud
Sunday, 28 March 2010 12:31
Monday, 29 March 2010
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