Jason Allardyce and Tony Allen-Mills
The document, acquired by a well placed US source, threatens to undermine Obama’s claim last week that all Americans were “surprised, disappointed and angry” to learn of Megrahi’s release. Continue
By Mike Whitney
he housing depression will last for a decade or more. This is by design. The Fed has been working with the banks to withhold inventory so prices do not fall too fast or too far. That way the banks can manage their write-downs without slipping into insolvency. But what's good for the banks is bad for the country. Continue
Burma is working on nuclear weapons programme, experts claim: Burma is working on a nuclear weapons programme, experts have concluded, after its existence was exposed by leaked photographs.
BP fails to put money in promised escrow account.: Ken Feinberg, who was appointed to administer oil spill claims out of the escrow fund, has said he “hasn’t been able to start writing claims checks” because BP PLC has failed to deposit any money into the $20 billion fund it promised to create:
Geithner calls for reverse of Bush tax cuts to staunch deficit: Wealthy Americans should pay higher taxes to help clear the country's record debts, Timothy Geithner, the US Treasury Secretary, said
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