Friday, 15 April 2011

British ex-MP George Galloway to sue Canada govt: Firebrand British former lawmaker George Galloway is to sue the Canadian government for $1.5 million over claims made against him in 2009, it has been announced.

World Bank: Food prices have entered the 'danger zone': Food prices have entered the “danger zone”, threatening to condemn a generation to extreme poverty and malnutrition, the World Bank has warned.

The Budget Deal Turns Out To Be A Gigantic Fraud: Originally the deal between The White House and Congressional Republicans was touted for delivering $38 billion in cost savings.

Iran stops providing fuel to European aircraft in retaliatory move: Iranian planes have been denied fuel in Germany, Britain and a Gulf Arab state, prompting Vice-President Mohammad Reza Rahimi to halt fuel supply for European planes.

Japan’s nuclear cover-up: It is not nuclear technology as such that presents the danger, but the social and economic order under which it has developed. If nuclear power remains in the hands of private corporations and under the domination of the capitalist market, the environment and public health and safety will inevitably be subordinated to the drive for profit.

Fed penalizes 10 banks on mortgage practices: The Federal Reserve said it's taken enforcement action against 10 banks over "a pattern of misconduct and negligence related to deficient practices in residential mortgage loan servicing and foreclosure processing.



By Ellen Brown

Several writers have noted the odd fact that the Libyan rebels took time out from their rebellion in March to create their own central bank - this before they even had a government. Continue