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Study: CEO Compensation Totaled $598 Million At The 50 Companies That Laid-Off The Most Workers
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Posted By: Intellpuke
2010-09-01 18:36:29 (19 hours ago)
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The nation’s biggest job-cutting companies paid their top executives
an average of $12 million last year, according to a report released Wednesday.
The 50 U.S. chief executives who laid off the most
employees between November 2008 and April 2010 eliminated a total of
531,363 jobs, according to the Institute for Policy Studies, a research
group that works for social justice and against wealth concentration.
In
“CEO Pay and the Great Recession,” the institute said the $598 million
in combined pay for the 50 executives would have paid one month’s worth
of average-sized unemployment benefits for each of the laid-off workers.
The top 50 layoff firms reported a 44 percent average profit increase for 2009, the report said.
“These
numbers all reflect a broader trend in Great Recession-era Corporate
America: the relentless squeezing of worker jobs, pay and benefits to
boost corporate earnings and maintain corporate executive paychecks at
their recent bloated levels,” the authors wrote.
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Mystery Over Russian General Found Dead On Turkish Beach
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Posted By: Intellpuke
2010-09-01 18:35:01 (19 hours ago)
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A mysterious accident in which one of Russia's most powerful spies was found dead on a Turkish beach has provoked
speculation that the deputy head of the country's foreign military
intelligence service had been murdered. The badly decomposed body
of Yuri Ivanov washed up last month on the shore of the Mediterranean,
and was discovered by Turkish villagers in the province of Hatay,
Turkish newspapers reported today. Reports suggest that he was quietly
buried in Moscow over the weekend. Ivanov was the second in command at Russia's foreign military intelligence unit, the GRU.
The general had last been deployed to review military installations in
Syria, amid Kremlin attempts to reassert its influence in the Middle East, reports suggested. Major
General Ivanov's body was found on August 16 but was only identified
last week. Russia's Red Star newspaper confirmed his death on Saturday
in a brief obituary. Russia's Defense Ministry declined to comment
further. Wednesday, however, the Russian media questioned the official version Maj. Gen. Ivanov's death - that he had died while going for a swim - and pointed
out that, as a top-ranking spy, he would have been accompanied
everywhere by bodyguards.
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Life In Baghdad's Slums - Fighting to Survive In Sadr City
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Posted By: Intellpuke
2010-09-01 18:33:51 (19 hours ago)
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Iraq's poorest people live on trash heaps, sleep
amongst the rats and drink polluted water. In the country with the
world's third largest oil reserves, a million people live in misery,
despite the fact that the U.S. has spent $53 billion on the country's
reconstruction efforts.
The rats come at night, when the Saads are sleeping. They force their
way through the spaces between the thrown-away household appliances
that Saad Kadi Saad has piled up to form a wall around his part of the
rubbish dump. They scamper around the shredded double mattress where the
five-member family is crowded, and make their way to the outhouse that
the family uses to relieve itself, which is just a few steps away from
their outdoor bed.
Sadr City is Baghdad's poorhouse. Around 3 million impoverished people
are crowded into the Shiite Islamist-controlled suburb in the eastern
part of the Iraqi capital. The streets all have the same checkerboard
pattern; and, in the 1960s, farmers from the Iraqi provinces were meant
to find new and modern living spaces here. Instead, as many as five
families live together in the small apartments at times today, and the
sewage runs in the street. But for some it is even worse: The Saads
would consider themselves lucky if they actually lived in Sadr City.
Instead, they live in and around the trash that is produced in the
impoverished area. In order to get to their dwelling, they have to crawl
through a hole in a blast wall on the edge of Sadr City. The slum
located directly behind that hole could easily be in, say, Calcutta.
Those who live here have fallen as far as one can.
Built on Waste
The settlement on the dump, in which the poorest of the poor in Baghdad live, is called Teneke Village. Teneke
is the Arabic word for the metal canisters that motor oil is sold in.
In Germany, the empty cans are considered hazardous waste which need
special disposal. But in Iraq, the country with the world's
third-largest oil reserves, residents of the slums use them to build
shacks, and old oil leaks down the side of the wall. In this way, the
Saads, for once in their life, come into contact with Iraq's black gold.
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Study: Illegal U.S. Immigration Has Slowed Considerably
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Posted By: Intellpuke
2010-09-01 18:32:30 (19 hours ago)
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Illegal immigration into the United States has slowed considerably in
the last several years, a study released Wednesday concludes.
The two-thirds decline marks the first significant turnaround
in two decades, researchers with the nonpartisan Pew Hispanic Center
say. As a result, the U.S. illegal immigrant population may have fallen
as much as 8 percent from 2007 to 2009.
"We've seen a reversal in what had been the long-term growth in
the illegal immigrant population," researcher Jeffrey S. Passel said
Wednesday.
An estimated 11 million illegal immigrants live in the United
States. Possibly because of tighter enforcement measures and economic
circumstances driving some immigrants back home, the total population is
down from its estimated 2007 peak of 12 million.
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Report Claims Andy Coulson, Prime Minister's Media Adviser, Discussed Hacking Phone Calls
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Posted By: Intellpuke
2010-09-01 18:31:16 (19 hours ago)
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The British prime minister's media adviser, Andy Coulson, freely discussed the use of unlawful news-gathering techniques while editor of the News of the World
and "actively encouraged" a named reporter to engage in the illegal
interception of voice-mail messages, according to allegations published
by the New York Times.
Coulson,
who resigned as editor of the News of the World in January 2007 after
its royal correspondent was jailed for intercepting voice-mail messages,
has always insisted that he had no knowledge of illegal activity when he
edited the paper or at any time as a journalist. He told a Commons
select committee last year: "I have never had any involvement in it at
all."
The New York Times website published a trail to a story due to appear in its Sunday
magazine. It made detailed allegations likely to bring intense new
pressure on Coulson and the Metropolitan police force, which stands
accused of favoring Rupert Murdoch's newspaper group by cutting short its investigation, withholding crucial
evidence from prosecutors and failing to inform victims of the
newspaper's crimes against them. Coulson declined to comment on the
allegations. The News of the World and Scotland Yard have denied all the
charges.
Coulson resigned after the imprisonment of his royal
reporter, Clive Goodman, and a private investigator, Glenn Mulcaire, for
"hacking" into the voicemail messages of eight public figures. When the
Guardian revealed last year that the scandal involved other journalists
at the paper and numerous other victims, Coulson said he had nothing to
add to earlier denials of involvement, and the Conservative leader
stood by him. David Cameron said: "I believe in giving people a second
chance."
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Probe Of Alyeska Pipeline Spill Uncovers Troubling Pattern
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Posted By: Intellpuke
2010-09-01 18:29:58 (19 hours ago)
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The
company that runs the trans-Alaska pipeline remains under federal
investigation and is in the middle of major changes after an internal
probe this summer raised serious concerns about how it handled a major
pipeline leak and emergency shutdown in May.
Alyeska
Pipeline Service Co.'s internal review blamed the May 25 accident - the
third-largest oil spill in the pipeline's history - on a technical
glitch, potential design failures and a series of human mistakes.
The review said the spill of about
190,000 gallons of oil at a pump station near Delta Junction fits into
part of a pattern of similar "significant" pipeline incidents over the
past three years. Despite internal probes of those cases, the findings
"have not been communicated well throughout the organization," according
to the report written by Alyeska's six-member investigative team.
To this day, federal regulators are
still requiring Alyeska to keep additional workers at the pump station
around the clock, inspecting for leaks or other problems.
The internal report was completed in
June and shared with state and federal regulators in July but it wasn't
shared with the public until last week, when a pipeline watchdog,
Richard Fineberg, posted on the Web a redacted version that he obtained
from state officials.
State and federal pipeline regulators
did not respond this week to requests for comment about Alyeska's
findings. The federal Pipeline and Hazardous Materials Safety
Administration is probing the accident and has not issued any findings
yet.
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U.S. Toll Rising In Afghanistan, 22 Soldiers Killed Since Friday
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Posted By: Intellpuke
2010-09-01 18:28:41 (19 hours ago)
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U.S. forces lost 22 soldiers in Afghanistan, mostly to roadside
bombs, since Friday, marking a bloody step-up in the insurgency as a
major U.S.-led offensive seeks to capture the spiritual homeland of the
Taliban movement in Kandahar.
The U.S.-led International Security Assistance Force in
Afghanistan said it's gaining ground against the insurgents, but
violence is rising across the country, including in areas that were
considered relatively safe.
Five more U.S. soldiers were killed Tuesday, while three Afghan
workers for the British charity Oxfam were killed by a roadside bomb in
Badakhshan, which had been one of the safer places in the country.
The coalition says that casualties are rising as they push
against the strongholds of the Taliban in the south and the allied
Haqqani network in the east. The majority of casualties - some 60
percent - this year and in 2009 came from improvised explosive devices
planted on roads and paths.
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Gov. Schwarzenegger Tells Top California State Officials To Stop Hiring
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Posted By: Intellpuke
2010-09-01 18:27:25 (19 hours ago)
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Gov. Arnold Schwarzenegger has issued a message to top officials in his administration: Stop hiring. The
governor summoned agency secretaries and department directors after the
Sacramento Bee reported Monday that the size of the state work force overall
remained essentially flat from January 2009 through June of this year. Schwarzenegger
did not order an official hiring freeze. But he wanted "to reiterate
that we should not be hiring unless absolutely necessary," said the
governor's spokesman, Aaron McLear.
The Sacramento Bee's report analyzed payroll data from the state controller's
office covering an 18-month period that included 17 months that state
workers were furloughed a total of 46 working days. One furlough day
equals a roughly 5 percent monthly pay cut.
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Police: At Least 1 Hostage Taken At Discovery Channel Headquarters
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Posted By: Intellpuke
2010-09-01 15:30:24 (22 hours ago)
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A man possibly armed with explosives took at least one hostage
Wednesday at the headquarters of the Discovery Channel in Silver Spring,
Maryland, said police.
Capt. Paul Starks said that police were
in communication with the gunman, and that he was making some demands.
The suspect had "concerns" with the Discovery Corporation, he said.
A
caller from One Discovery Place, the channel's headquarters, called
police about 1 p.m. to report a man with a gun and possible explosives,
said Angela Cruz, a police spokeswoman.
The area has been evacuated, she said.
A law enforcement source told CNN that the name of the suspect is James Lee.
Authorities
sent a SWAT team and other resources, said Cpl. Dan Friz of the
Montgomery County police. The gunman is in the lobby area, said Friz.
Authorities were trying to get in touch with him.
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U.S. Salmonella Scare: Farm Inspections Reveal Manure, Mice And Maggots
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Posted By: Intellpuke
2010-08-31 23:24:46 (2 days ago)
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U.S. politicians are coming under pressure to increase regulation of
the country's largest egg producers after a federal inspection of two
companies at the center of a salmonella scare revealed breaches of basic hygiene.
Food
and Drug Administration (FDA) inspections of Wright County Egg and
Hillandale Farms, both in Iowa, found piles of chicken manure up to 2.5
meters (8 feet) high beneath the hens' cages. Employees crushed flies
underfoot and live and dead maggots were seen in a manure pit.
At
Wright County pigeons roosted in an air vent and wild birds flew in and
out of the chicken house. Mice were observed at both farms, as were
chickens which had escaped their cages and were seen moving between
manure piles and caged areas.
Water used to clean the eggs was
tested and found to contain the same salmonella bacteria that has been
identified as the cause of the largest outbreak of the disease in the U.S. since records began more than 30 years ago, with 1,500 people infected.
Between
them, the two farms have recalled more than half a billion eggs, 380 million
from Wright County and 170 million from Hillandale. The two producers have
almost 8 million hens.
Food safety experts said the massive scale of the two operations was typical in an
industry that has seen production concentrated in fewer and fewer
gigantic farms. In 1987, 95% of laying hens were in the hands of 2,500
farms. Today, that figure is accounted for by 192 egg producers.
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Commentary: The Sarrazin Debate - Germany Is Becoming Islamophobic
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Posted By: Intellpuke
2010-08-31 17:44:31 (2 days ago)
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Intellpuke: This commentary was written by Spiegel journalist
Erich Follath and was posted on Spiegel Online's Website edition for
Tuesday, August 31. Mr. Follath's commentary follows:
Thilo Sarrazin's comments about Muslims have
triggered outrage in Germany and abroad, but have met with willing
listeners among the general public. His rhetoric is slowly bringing
about change in Germany, transforming it from a tolerant society into
one dominated by fear and Islamophobia.
The Pied Piper of Hamelin knew how to fight the plague. He knew
catchy, seductive tunes and was successful against the scourge with his
unconventional methods. But because society paid him no tribute and
refused to pay him the wages he had been promised for his service, he
decided to take a radical step and lure away the children of Hamelin. In
doing so, he destroyed the very community he had once set out to save.
It is unclear when and why Dr. Thilo Sarrazin,
65, the child of a doctor and a Prussian landowner's daughter, who
supposedly did a decent job during his time as finance minister for the
city-state of Berlin and who had unusual ideas, became a seducer. Did he
see himself as a future chancellor, and was he bitterly waiting in the
wings to be nominated by his Social Democratic Party (SPD)? Would he
have preferred to become the CEO of Deutsche Bank instead of "merely" a
member of the executive board of Germany's central bank, the Bundesbank?
Does he relish the role of agent provocateur and popular guest on
German talk shows? And is he truly worried about the absurd concern that
Germany is "doing away with itself" - as the title of his new book
claims - by tolerating too many foreign influences in its society?
Opinions may differ among those who seek to interpret Sarrazin's behavior.
The important thing is that he is someone who has gone from being a
tough-talking, audacious politician and anarchic prankster (see quote
gallery) to a racist anti-Muslim who makes up nonsense about the genetic
basis of intelligence and the "German-Jewish origins of intelligence
research." Those ideas have prompted him to voice his concerns over
Germany's "cultural identity" and "national character," and to blame
Muslim immigrants and their supposed non-culture for all the problems of
integration - ignoring the fact that both the immigrants and the host
country have a responsibility.
"We," he says, referring to German society as a whole, are
unavoidably becoming less intelligent because Muslims, who Sarrazin
characterizes as being unwilling to integrate, alien and cognitively
challenged, are producing the most children in Germany. Sarrazin
magnanimously allows that there are, of course, exceptions in the
Islamic world, perhaps a few intelligent Turks here and there. But his
views essentially eliminate the need to even address the issue of a
controlled immigration policy, of which Sarrazin himself has been such a
vehement proponent in the past. Sarrazin, in one of his typical turns
of phrase, said that Muslims ought to "disappear." From that point of
view, integration is unimaginable, possible only through death - which
is naturally also one way to solve the problem.
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Hell On Earth - The U.N. Documents Congo's Bloodbath
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Posted By: Intellpuke
2010-08-31 17:43:15 (2 days ago)
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Women and girls were raped. Men slaughtered.
Refugees killed with machetes and sticks. A new United Nations report describes an
orgy of violence in Congo between 1993 and 2003, meticulously
documenting how law and humanity were abandoned. It also accuses Rwanda
of atrocities in Congo - something that has not gone down well in
Kigali.
The report is over 500 pages long. It is one of the most
comprehensive investigations into war crimes in the history of the
United Nations. Even though it has not even been released yet, it has
caused serious diplomatic tensions in New York, Congo and Rwanda.
Two dozen U.N. inspectors meticulously examined the mass murders in the
Democratic Republic of Congo between 1993 and 2003. They assessed
reports, viewed film documents and interviewed thousands of witnesses.
They collated everything that was considered significant. The draft
report has already been leaked and it is a documentation of horror.
The investigators describe how for years Rwanda-backed rebel groups
hunted, tortured and massacred Hutu refugees in Congo, or Zaire as it
was then known. Schools, hospitals, refugee camps, children, women, the
aged - nothing and no one was safe from the murderous gangs on both
sides. By no means were the pursuers from Rwanda the only ones to
perpetrate crimes. The report describes the massive country as corrupt
and rotten, a place where human rights, justice and humanitarian values
had lost any worth decades ago.
Ethnic Conflicts Across Congo
The decline of the country began long before the First Congo War of
1996 to 1998 and the overthrow and exile of the former dictator Mobutu
Sese Seko in 1997. At the end of 1991 the Congolese from the copper-rich
province of Katanga in the south of the country had started to
persecute, displace and murder people who had migrated from the Kasai
region. The conflict was fueled by Mobutu, who felt threatened by many
opposition politicians from Kasai.
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Mexico Seizes 'La Barbie', Drug Lord Infamous For Beheadings
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Posted By: Intellpuke
2010-08-31 17:42:34 (2 days ago)
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Police on Monday captured a Texas-born accused drug kingpin known for
his unlikely nickname - La Barbie - and for ruthlessly ordering the
beheadings of his enemies.
Edgar Valdez-Villarreal, 37, was captured in the town of Lerma
in the state of Mexico, about 20 miles from the capital, marking the
third major accused drug lord to fall in Mexico in less than a year and
giving a boost to President Felipe Calderon.
Government spokesmen said a massive operation with 1,200
officers took part in the culminating moments of a yearlong effort to
capture Valdez-Villarreal.
The arrest dealt "a high impact blow to organized crime," said
Alejandro Poire, a spokesman for Calderon's national security team.
Poire said Valdez-Villarreal had ties to gangs operating in the United
States, Central and South America.
More than 28,000 people have died since Calderon came to
office in late 2006 and deployed the armed forces to battle drug
cartels, and many Mexicans are weary of the soaring human costs of the
war.
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Interview With Ex-CIA Agent Michael Scheuer - 'Only The Taliban Are Not Corrupt'
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Posted By: Intellpuke
2010-08-31 17:39:56 (2 days ago)
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The CIA is alleged to have been paying an aide to
Afghan President Hamid Karzai for information. Former CIA agent Michael
Scheuer spoke to Spiegel about why fighting corruption in Afghanistan is
all but impossible.
SPIEGEL: The CIA is alleged to have paid Mohammed Zia Salehi, an
aide to Afghan President Hamid Karzai, for information. Has the CIA
damaged the Americans' credibility?
Michael Scheuer: That's absolutely good recruitment. I think you
recruit whoever gives you access to a target. It might be someone who is
a terrorist or it might be someone who's a corrupt official. I think
any other intelligence agency would be delighted to have someone to give
them information about what Karzai is thinking because he's such a
dishonest man.
SPIEGEL: The U.S. now has to face accusations that it is financing the very corruption it is promising to fight.
Scheuer: Not really. President Obama knew about this. His
intelligence advisers knew about this. If he's smart I'm sure the
president would want to have somebody close to Karzai to know what's
going on. The U.S. government and other governments are lying when they
say that they can clean up corruption and win the war.
SPIEGEL: Is Washington being energetic enough in trying to fight corruption?
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Stock Investors Brace For Another Ugly September
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Posted By: Intellpuke
2010-08-31 17:38:35 (2 days ago)
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The economy is weakening, home sales are plunging and stocks are on a
long slide. Now comes something even scarier for investors - the
beginning of what is traditionally the worst month in the market.
Could stocks be headed for another September swoon?
"If history is any guide, for it's never gospel, we may be in for
another rough ride," says Sam Stovall, chief investment strategist at
Standard & Poor's.
Mutual fund managers tend to clean house after Labor Day, taking
profits on winning stocks and weeding out portfolios before putting out
the rosiest possible end-of-quarter reports for their clients.
Workers coming back from summer breaks are also inclined to sell
stocks as they get their financial affairs in order. Any festering
issues with the economy or stocks during the summer, when trading volume
is light, tend to get put off until fall.
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Peak Oil And The German Government - Military Study Warns Of Potentially Drastic Oil Crisis
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Posted By: Intellpuke
2010-09-01 18:35:41 (19 hours ago)
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A study by a German military think tank has
analyzed how "peak oil" might change the global economy. The internal
draft document - leaked on the Internet - shows for the first time how
carefully the German government has considered a potential energy
crisis.
The term "peak oil" is
used by energy experts to refer to a point in
time when global oil reserves pass their zenith and production gradually
begins to decline. This would result in a permanent supply crisis - and
fear of it can trigger turbulence in commodity markets and on stock
exchanges.
The issue is so politically explosive that it's remarkable when an
institution like the Bundeswehr, the German military, uses the term
"peak oil" at all. But a military study currently circulating on the
German blogosphere goes further.
The study is a product of the Future Analysis department of the
Bundeswehr Transformation Center, a think tank tasked with fixing a
direction for the German military. The team of authors, led by
Lieutenant Colonel Thomas Will, uses sometimes-dramatic language to
depict the consequences of an irreversible depletion of raw materials.
It warns of shifts in the global balance of power, of the formation of
new relationships based on interdependency, of a decline in importance
of the western industrial nations, of the "total collapse of the
markets" and of serious political and economic crises.
The study, whose authenticity was confirmed to Spiegel Online by
sources in government circles, was not meant for publication. The
document is said to be in draft stage and to consist solely of
scientific opinion, which has not yet been edited by the Defense
Ministry and other government bodies.
The lead author, Will, has declined to comment on the study. It
remains doubtful that either the Bundeswehr or the German government
would have consented to publish the document in its current form. But
the study does show how intensively the German government has engaged
with the question of peak oil.
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Internet Freedom - Will Russia's Bloggers Survive Censorship Push?
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Posted By: Intellpuke
2010-09-01 18:34:29 (19 hours ago)
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With so many of their media sources controlled by
the state or government-friendly oligarchs, Russians have turned to
their bloggers to keep informed and give voice to their grievances and
concerns. But many of those in power are now seeking to impose rigid
limits on online freedom.
One sunny June day in California, Rustem Adagamov was rushing without
his glasses on when he literally ran into Russia's president. "I simply
didn't see Dmitry Medvedev," Russia's most influential blogger says,
"and I bumped right into him."
Adagamov, 48, uses his blog to report on a range of grievances,
including the arrests of opposition members and "unparalleled police
brutality." Each day, his blog gets around 600,000 page views, making it
more widely read than many of Moscow's daily newspapers. Adagamov has
even made fun of Medvedev on his blog by posting photographs of cups
bearing the portraits of Medvedev and Prime Minister Vladimir Putin and
the caption "They all lie anyway" printed in bold.
Acts like these make it all the more astonishing that Medvedev agreed
to submit to an interview with the Kremlin critic. And that's not all:
The president also invited Adagamov to accompany him to California for a
meeting with Steve Jobs, the CEO of Apple.
Medvedev, 44, is an avowed
fan of the Internet, writes his own blog
and uses Twitter. The president, for example, recently wrote an article -
entitled "Forward, Russia!" - that garnered global attention for its
ruthless analysis of Russia's economic backwardness. But instead of
distributing it via a government newspaper or state-run television, he
had it published on Gazeta.ru, Russia's best-known online newspaper.
And, just last week, Medvedev halted a controversial highway
construction project near Moscow via video blog.
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Moral Bankruptcy At HSH Nordbank - Investigators Look At Frameup And Iniquity At German Bank
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Posted By: Intellpuke
2010-09-01 18:33:18 (19 hours ago)
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Child pornography planted on a work computer, a
house break-in and illegal wiretapping: The leadership of Germany's HSH
Nordbank stands accused of going to great lengths to rid itself of
unwanted senior officials. Prosecutors in both New York and Germany have
launched investigations.
The memo from top management, issued at 4:18 p.m. on Friday, Aug. 20,
was sent to everyone in the company. Reading it today, one has to
wonder what is more shocking about the 22 lines in that note addressed
to the bank's "dear employees," the chutzpah that led HSH Nordbank to
take its employees for fools, or the cynicism that prompted it to claim
that it loves its employees.
The memo, after all, was coming from a bank that apparently had no
scruples about lambasting its employees, both professionally and
personally.
The internal memo was HSH management's way of preparing employees for
the story Spiegel would publish the following Monday: Before the bank
fired Chief Operating Officer Frank Roth in April 2009 without notice or
compensation (the same Frank Roth CEO Dirk Jens Nonnenmacher had long
been trying to get rid of), Roth's office was allegedly bugged and his
apartment broken into. Moreover, the evidence that led to his immediate
dismissal, namely that Roth had revealed bank secrets to the press, was
presumably false. Indeed, it appears that he was framed.
According to the HSH internal memo, management had only learned of
these charges 14 days earlier, but now it was looking into the
allegations. And to ensure that everything would take its proper course
"under these circumstances," the bank's legal adviser, Wolfgang
Gossmann, had been "relieved of his duties." The "circumstances" in
question were that Gossmann, who reported to Nonnenmacher, had
supposedly been involved in the smear campaign.
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Inquest Told MI6 Employee's Body Was In Padlocked Bag
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Posted By: Intellpuke
2010-09-01 18:31:50 (19 hours ago)
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The body of Gareth Williams, the MI6 employee found dead in his flat
last week, was discovered in a large sports holdall which was secured
shut by a padlock, an inquest heard Wednesday.
His body was in an advanced state of decay and is believed to have lain undiscovered for some days in a bath.
The
cause of his death is yet to be established and the bizarre
circumstances of his demise, added to his work for the intelligence
services, have led to speculation about his lifestyle and how he came to
die. The opening of the inquest was the first chance for details of his
death to be made public officially.
Williams, 31, was found on August 23 at his flat in Pimlico, London, half a mile from the
headquarters of MI6, Britain's foreign intelligence service. He was an
expert in codes and was on secondment to MI6 from his usual job at GCHQ,
the government's "listening post" based in Cheltenham.
Coroner Dr.
Paul Knapman, sitting at Westminster coroner's court, said: "I have a
resumé here which says to me that on Monday August 23rd police were
called to check on the welfare of Gareth Williams at his home address as
he had not been seen at work.
"At about 6.30 p.m. that evening, I
understand police entered the premises. They found a large holdall in
the bath in the en suite bathroom of the main bedroom.
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Ferrari Recalls 458 Italias After A Spate Of Fires
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Posted By: Intellpuke
2010-09-01 18:30:28 (19 hours ago)
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Ferrari recalled more than 400 luxury Italia cars Wednesday after reports that a design fault could cause them to catch fire.
The
first incident occurred in July, when the driver noticed the rear panel
of his 458 Italia was on fire while he was driving in Paris. A passerby
used a fire extinguisher to douse the flames.
A few days later
the engine of an Italia driving up a mountain pass in Switzerland caught
fire. Last month a 458 in China and one in the U.S. burst into flames.
After
sending its engineers around the world to investigate the reports of
"thermal incidents", Ferrari asked the owners of more than 1,200 of the
supercars, including around 50 in Britain, to bring them in for
modification work. Louis Saha, the Everton footballer, Eric Clapton, the
rock star, and Chris Evans, the broadcaster, are among the car's
owners.
Ferrari said the problem had been traced to adhesive used
in the wheel-arch assemblies. In certain circumstances the glue can
begin to overheat, smoke and even catch fire. In extreme cases, the
melting of the adhesive can lead the heat shield - the liner protecting
the engine - to deform and move closer to the exhaust, causing the
lining to catch fire.
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Defiant Dick Fuld Blames False Rumors And The Fed For Lehman Bros. Collapse
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Posted By: Intellpuke
2010-09-01 18:29:17 (19 hours ago)
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Former Lehamn Brothers boss Dick Fuld delivered a defiant defense of his management of the
defunct Wall Street bank today, telling an official inquiry that the
firm's 2008 bankruptcy was down to false rumors about a solvency
crisis, uncontrollable market forces and a refusal by the U.S. government
to come to the rescue.
Appearing in front of the bipartisan U.S. Financial Crisis Inquiry Commission in Washington, D.C., Fuld was only willing to accept very
limited blame for the implosion of the bank, which sent financial
markets into the worst global panic since the second world war.
"I
clearly made mistakes," said Fuld, conceding that Lehman had too many
illiquid assets, such as commercial property, on its books, and
insufficient capital. But he said these issues were addressed before
bankruptcy as the bank raised $3.8 billion in equity capital and "de-risked"
by shedding 50% of its less saleable investments.
"Did we do
everything right? We clearly did not," said Fuld. "I myself did not see
the depth and violence of the crisis. I did not see the contagion. I
believe we made poor judgments in timing for the assets we bought and
for the businesses we supported. Would I love today to be able to reach
back and [re]take those? Yes."
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Charity Oxfam Hit By Fatal Bomb As U.K. Deputy Prime Minister Visits Troops In Afghanistan
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Posted By: Intellpuke
2010-09-01 18:28:07 (19 hours ago)
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U.K. charity Oxfam has been forced to suspend operations in a once-peaceful northern province of Afghanistan after three of its staff were killed and two injured by a roadside bomb on Monday.
The attack on one of the biggest British aid charities working in Afghanistan came as U.K. Deputy Prime Minister Nick Clegg claimed there was
"discernible progress" in the restive southern Helmand province and told
British forces they were "turning the corner".
Clegg, visiting Helmand and Kabul, said the "clock is ticking" down
to the end of the U.K.'s combat mission in the country in 2015 and that
more urgency was needed to pursue a peace process with the Taliban.
But
the murder of aid workers in Badakhshan in the north highlighted how
insurgents have in the past year dramatically increased their presence
in the region.
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Australian Economy Surges 1.2 Percent In Second Quarter
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Posted By: Intellpuke
2010-09-01 18:26:46 (19 hours ago)
[Read 144 times || 0 comments]
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Australia's economy grew at its fastest pace in three years in the second quarter
as demand from China and elsewhere in Asia boosted exports of iron ore
and other commodities.
The figures released Wednesday show the
economy expanded 1.2% in the April-June quarter from the previous
quarter, accelerating from revised growth of 0.7% in the first quarter.
Australia
weathered the global economic downturn better than most developed
countries, helped by a A$42 billion (£24 billion) stimulus package and China's
ravenous demand for raw materials.
Bob Cunneen, senior economist with AMP Capital Investors, said the numbers were surprisingly robust.
"This
sort of GDP result is exceptional and won't be the rule, but it also
underscores how well Australia is doing with the China growth story," he
said.
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U.S. Sen. Murkowski Concedes Primary Election Race To Miller
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Posted By: Intellpuke
2010-09-01 01:17:02 (2 days ago)
[Read 179 times || 1 comments]
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U.S. Sen. Lisa Murkowski (R-Alaska) Tuesday night conceded the Republican primary
election to Joe Miller, the tea-party backed challenger who maintained
his Election Day lead after thousands of additional absentee and other
ballots were counted through the day.
"We know that we have outstanding votes to count in the primary, but
based on where we are right now I don't see a scenario where the primary
will turn out in my favor. And that is a reality that is before me at
this time," Murkowski said in a news conference broadcast live over
statewide television from her campaign headquarters in Anchorage.
Murkowski did not endorse Miller in her concession speech. She took no questions.
Miller said Murkowski called him early this evening to say she was conceding.
"I thanked her for the hard-fought
contest and wished her the best and asked for unity," Miller said in a
telephone interview from his hometown of Fairbanks.
Miller said he thinks Murkowski will
end up supporting him in the general election. "I'm going to give her
some time, and we're going to talk more about it later," he said.
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U.S. Warns East Coast To Brace For Impact Of Hurricane Earl
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Posted By: Intellpuke
2010-08-31 17:44:52 (2 days ago)
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Federal officials urged U.S. residents to prepare for possible
evacuations and islanders in the Turks and Caicos hunkered down in their
homes Tuesday as powerful Hurricane Earl howled over open seas toward
the East Coast of the U.S.
The Category 4 hurricane, with winds of
135 mph (215 kilometers), was expected to remain over the open ocean
before turning north and running parallel to the U.S. coast, potentially
reaching the North Carolina coastal region by late Thursday or early
Friday. It was projected then to curve back out to sea, perhaps swiping
New England or far-eastern Canada.
"We can't totally rule out a
very close approach to either of the Cape Hatteras areas or Cape Cod and
southern New England as the storm progresses further," said Bill Read,
director of the U.S. National Hurricane Center in Miami.
Earl delivered a glancing blow to several small Caribbean islands
Monday, tearing roofs off of homes and cutting electricity to people in
Anguilla, Antigua, and St. Maarten. Cruise ships were diverted and
flights canceled across the region. But there were no reports of death
or injury.
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Commentary: The Sarrazin Debate - Germany Is Becoming Islamophobic
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Posted By: Intellpuke
2010-08-31 17:44:02 (2 days ago)
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Intellpuke: This commentary was written by Spiegel journalist
Erich Follath and was posted on Spiegel Online's Website edition for
Tuesday, August 31. Mr. Follath's commentary follows:
Thilo Sarrazin's comments about Muslims have
triggered outrage in Germany and abroad, but have met with willing
listeners among the general public. His rhetoric is slowly bringing
about change in Germany, transforming it from a tolerant society into
one dominated by fear and Islamophobia.
The Pied Piper of Hamelin knew how to fight the plague. He knew
catchy, seductive tunes and was successful against the scourge with his
unconventional methods. But because society paid him no tribute and
refused to pay him the wages he had been promised for his service, he
decided to take a radical step and lure away the children of Hamelin. In
doing so, he destroyed the very community he had once set out to save.
It is unclear when and why Dr. Thilo Sarrazin,
65, the child of a doctor and a Prussian landowner's daughter, who
supposedly did a decent job during his time as finance minister for the
city-state of Berlin and who had unusual ideas, became a seducer. Did he
see himself as a future chancellor, and was he bitterly waiting in the
wings to be nominated by his Social Democratic Party (SPD)? Would he
have preferred to become the CEO of Deutsche Bank instead of "merely" a
member of the executive board of Germany's central bank, the Bundesbank?
Does he relish the role of agent provocateur and popular guest on
German talk shows? And is he truly worried about the absurd concern that
Germany is "doing away with itself" - as the title of his new book
claims - by tolerating too many foreign influences in its society?
Opinions may differ among those who seek to interpret Sarrazin's behavior.
The important thing is that he is someone who has gone from being a
tough-talking, audacious politician and anarchic prankster (see quote
gallery) to a racist anti-Muslim who makes up nonsense about the genetic
basis of intelligence and the "German-Jewish origins of intelligence
research." Those ideas have prompted him to voice his concerns over
Germany's "cultural identity" and "national character," and to blame
Muslim immigrants and their supposed non-culture for all the problems of
integration - ignoring the fact that both the immigrants and the host
country have a responsibility.
"We," he says, referring to German society as a whole, are
unavoidably becoming less intelligent because Muslims, who Sarrazin
characterizes as being unwilling to integrate, alien and cognitively
challenged, are producing the most children in Germany. Sarrazin
magnanimously allows that there are, of course, exceptions in the
Islamic world, perhaps a few intelligent Turks here and there. But his
views essentially eliminate the need to even address the issue of a
controlled immigration policy, of which Sarrazin himself has been such a
vehement proponent in the past. Sarrazin, in one of his typical turns
of phrase, said that Muslims ought to "disappear." From that point of
view, integration is unimaginable, possible only through death - which
is naturally also one way to solve the problem.
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Baghdad On High Alert As U.S. Officially Ends Combat Mission
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Posted By: Intellpuke
2010-08-31 17:42:47 (2 days ago)
[Read 173 times || 0 comments]
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Security forces were on high alert as Prime Minister Nouri al-Maliki
marked the official end of the U.S. combat mission here by telling
skeptical Iraqis that a new day had dawned for their country.
In Baghdad, all leave for Iraqi soldiers and police was
canceled and new checkpoints were set up across the city, adding another
level of frustration to Iraqis struggling to get through 115-degree
heat amid power cuts and water shortages - many of them fasting during
the holy month of Ramadan.
U.S. forces prepared for a possible wave of rocket and mortar
attacks aimed at the American embassy in the protected Green Zone and a
former palace that is home to U.S. military headquarters near the
international airport ahead of a ceremony Wednesday to mark the end of
the U.S. combat mission. Iraqi and U.S. troops have been sweeping
through neighborhoods from where rocket attacks have been launched with
increasing frequency and numbers over the last several weeks. Most are
generally attributed to Shiite militias.
A fleet of military helicopters rumbled over Baghdad
neighborhoods carrying U.S. Vice President Joe Biden to his appointments
with Iraqi leaders. At least one rocket landed near the Green Zone,
though there were no reports of injuries.
The rocket and mortar attacks, which can be launched from miles
away and are generally attributed to Shiite militias, have increased in
frequency and accuracy over the last several weeks.
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Greenland's Prime Minister Lambasts Greenpeace For Raiding Arctic Oil Rig
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Posted By: Intellpuke
2010-08-31 17:42:24 (2 days ago)
[Read 182 times || 0 comments]
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The prime minister of Greenland has accused Greenpeace of threatening the safety of oil workers
and the environment after four activists forced a controversial
deep-sea exploration rig in the Arctic to shut down Tuesday.
Just
before dawn, the four campaigners used three high-speed inflatable
boats to evade the Danish navy before clambering on to the British-owned
rig and slinging mountaineering-type platforms beneath it about 15
meters above the sea. The raid forced the Edinburgh-based oil
exploration firm Cairn Energy to suspend drilling, escalating tensions between the Greenlandic government and Greenpeace.
Kuupik
Kleist, the government's socialist prime minister, denounced the
campaigners' actions, claiming they were damaging the economy of the
country, now largely independent from Denmark, and ignoring the strict
environmental and safety regulations Greenland had imposed on oil
companies. "This is clearly an illegal act, ignoring the rules of
democracy," he said in a statement.
"The cabinet regards
Greenpeace's action as very serious and an illegal attack on the
country's constitutional rights. It is worrying that Greenpeace, in
their hunt for media exposure, violate security rules made to protect
human lives and the environment."
The Greenpeace action follows a standoff between the campaigner's ship, Esperanza and an armed Danish frigate and Greenland police vessels in Baffin Bay, west of Greenland, where Cairn Energy is hoping to uncover major new reserves of oil or gas.
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'I Did Nothing Wrong' - German Gulag Prisoners Recall Their Ordeal
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Posted By: Intellpuke
2010-08-31 17:39:13 (2 days ago)
[Read 201 times || 0 comments]
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Thousands of Germans, including teenagers, were
forced to toil in Stalin's labor camps after World War II. When they
were finally were released their country had been divided into east and
west. Karl Heinz Vogeley and Lothar Scholz recall how no one was
interested in their fate when they returned.
Father! When Karl Heinz Vogeley climbs down from the train at 3:30
a.m. clutching his old wooden suitcase, his relatives are there to greet
him. He runs toward the man who stands waiting on the platform at the
Haldensleben train station - and only then notices that it isn't his
father, but his uncle. His father is standing off to one side, he has
grown old. And they haven't seen each other for a long, long time.
"Papa," the son asks, "where is mama?"
"Just come on home first," his father replies. But when Karl Heinz asks again, he says "mama isn't with us anymore."
Karl Heinz Vogeley had been away for eight long years, most of which
he spent in a Soviet labor camp. Now, at a train station in communist
East Germany, he learns that his mother died while he languished as a
political prisoner. It is Dec. 28, 1953, Vogeley is 24 years old.
At about the same time, Lothar Scholz, just a few months older than
Karl Heinz, is still locked up in Camp 14, some 500 kilometers southeast
of Moscow. The convoy which eventually carried Vogeley back home left
the camp in June 1953. "The others were called and they were taken away.
I was the only one left behind," Scholz recalls. It was several months
before he too was released. One day, an officer asked him where he would
go if he were released, to East Germany or to the West. Scholz thought
it was a trap, but then he blurted: "I don't care! Anywhere where there
aren't any communists!"
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Four Israelis Shot Dead Near Jewish Settlement On Eve Of White House Talks
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Posted By: Intellpuke
2010-08-31 17:38:04 (2 days ago)
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Four Israelis were shot dead near a Jewish settlement on the
outskirts of the volatile West Bank city of Hebron tonight, on the eve
of the first face-to-face talks between Israel and the Palestinians for more than 20 months.
Gunmen
opened fire on a car on a main road close to Hebron, according to the
Israeli military. Early reports said that all the victims were from the
same family, and included a pregnant woman.
To night Hamas' armed
wing claimed responsibility for the attack stating the "Qassam Brigades
announces its full responsibility for the heroic operation in Hebron".
The group also warned more operations would follow: "This attack is a
chain in a series of attacks, some have been executed, and others will
follow," spokesman Abu Ubaida told Reuters.
A military spokeswoman
said the army was at the scene, evacuating the bodies, and that
soldiers were continuing to search the area.
Hebron - a turbulent
city in which a core of hard-line ideological Jewish settlers are
protected by hundreds of Israeli troops amid a Palestinian population of
more than 100,000 - has been the scene of numerous violent incidents.
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