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Iraq arrests 50 suspected militants
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-Lurid Crime Tales-
Former Army Chaplain Sentenced For Falsifying Military Records
A former chaplain indicted in Arizona for making false claims about his military honors and training has been sentenced to 60 months of probation and ordered to pay about $28,000 in restitution.

A federal judge in Phoenix on Tuesday also ordered 42-year-old Kurt Alan Bishop to perform 120 hours of community service.

Bishop, of Queen Creek, pleaded guilty in August to charges of altering his military records.

A 34-count indictment alleged that Bishop began making false claims about his military decorations and advanced combat training in 1991, shortly after he ended his first tour of active duty.

Authorities say the claims helped him become an officer in the Arizona National Guard and to enter the Chaplain Corps in 2006, both resulting in increases in his military salary and benefits. Bishop served as a chaplain until his discharge earlier this year.
Posted by: Anonymoose || 12/01/2010 08:22 || Comments || Link || [2 views] Top|| File under:


-Signs, Portents, and the Weather-
Maureen Dowd depicted as bikini-clad superhero in racy comic book
I am not making this up.
Is this Maureen Dowd...
Yes, that Maureen Dowd.
... this Maureen Dowd comic book awesome (superhero journalist!) or offensive (she's, uh, naked)?
No! No! Avert your eyes!
I'm leaning toward awesome.
I'm leaning toward "eeew, ick!" myself.
Benjamin Marra is a professional illustrator. He's even worked for The New York Times, which sort of makes him Mo Dowd's co-worker!
If I drew a comic depicting one of my female co-workers naked, I'd probably end up on the wrong end of a sexual harassment lawsuit.
This means The Incredibly Fantastic Adventures of Maureen Dowd (A Word of Fiction and Satire) will either be a great or terrible conversation piece at the company Christmas party.
...or will put Ben Marra on the wrong end of a sexual harassment lawsuit.

Click through to see the cover art and some sample panels.

Posted by: Mike || 12/01/2010 15:53 || Comments || Link || [4 views] Top|| File under:

#1  Gotta be satire. No way she gets three dates with George Clooney ...
Posted by: Steve White || 12/01/2010 16:11 Comments || Top||

#2  Please. She'd wet her Depends if she was that close to a gun.
Posted by: Swamp Blondie || 12/01/2010 16:42 Comments || Top||

#3  MoDo discusses journalist ethics,...

Ditto on the gun comment for both journalism and ethics.
Posted by: SteveS || 12/01/2010 17:21 Comments || Top||

#4  Remember, something once seen, cannot be unseen.
Posted by: CincinnatusChili || 12/01/2010 18:21 Comments || Top||

#5  So I guess I can die now as I can now say I have seen everything...
Posted by: tu3031 || 12/01/2010 19:33 Comments || Top||

#6  Matt Murdock seen vomiting a little.
Posted by: swksvolFF || 12/01/2010 21:41 Comments || Top||

#7  I picture her more as Glenn Close with red hair in Fatal Attraction. She's quite the bitter frigid pill.
Posted by: Frank G || 12/01/2010 21:46 Comments || Top||

#8  I just see her as a skank whore with a bad case of clap... but that's my point of view.
Posted by: Water Modem || 12/01/2010 22:06 Comments || Top||

#9  Show us how your tootsie rolls Maureen. eeew. Fully skirted swimsuit bottoms are just to protect not only the wearer but the beholder, as well. Time to bring them back in fashion. And that goes for these twenty somethings that are already fat and wearing micro minis. Listen, nobody wants to see the petticoat junction unless you are an 8 or above.
Posted by: Fire and Ice || 12/01/2010 22:21 Comments || Top||

#10  Uh, uh, MAUREEN-DOWD-VS-MAUREEN-O-CONNOR???

IRISH CATFIGHT???
Posted by: JosephMendiola || 12/01/2010 23:18 Comments || Top||


Africa North
Immigration: Gaddafi to EU, 5 Bln to stop illegals
If I were him I'd ask for ten times as much and why not?
It costs Europe much, much more than that in welfare payments per year and they are having their culture destroyed as well under the current 1951 U.N Convention Relating to the Status of Refugees. They have 3 options a/ accept the status quo, b/ pay Gaddafi or c/ bail out on the convention, which they should have done 30 years ago.

The European Union should give 5 billion euros to Libya to ''stop'' illegal immigrants, otherwise ''an entire continent will pour into Europe''. This is according to the Libyan leader, Muammar Gaddafi, who has again made demands from Europe during the EU-Africa summit.

''In order to stop illegal immigration, something significant must be done, otherwise an entire continent will pour into Europe. If Europe gives us 5 billion euros, Libya will be able to stem the flow,'' said the Libyan leader, repeating a request made in Rome in August.

''The only country that collaborates with us is Italy,'' said Gaddafi with regards to tackling illegal immigration, adding that ''Italy is a civilised country that has made up for its past'' as a colonising country.

During his speech at the opening of the summit, Gaddafi said that ''Libya is the filter of immigration'' coming from all over Africa.

''Africa and Europe are the spine of the world and must cooperate,'' Gaddafi said. On immigration, he reasserted that ''the only country that collaborates with us is Italy. Thanks to our cooperation with them, we have been able to exert control over immigration''.

Regarding the request for 5 billion euros per year from Europe, the Libyan leader said: ''We do not need to beg for help, but we want investments''.
Posted by: tipper || 12/01/2010 00:47 || Comments || Link || [3 views] Top|| File under:

#1  Or Europe could keep their €5B and end the welfare states that attract so many illegal immigrants. But that would be entirely too ... rational.
Posted by: AzCat || 12/01/2010 10:29 Comments || Top||

#2  The ammunition to shoot the illegals is even cheaper.

Just sayin'...
Posted by: Rob Crawford || 12/01/2010 10:32 Comments || Top||

#3  How...barbary.
Posted by: swksvolFF || 12/01/2010 12:21 Comments || Top||

#4  Perhaps MORE BLUNTLY, UNCLE MOHAMMAR/MUAMMAR repor tells the EUROS TO GIVE, GIVE, GIVE; OR ELSE PREPARE TO SEE THEIR NATIONS + EUROPE TURN "BLACK" via Immigration-led "DIVERSITY" + LOW EURO BIRTHRATES.

{"WAY, WAY, OUT" MOVIE JERRY LEWIS ordered by Cold War US-Brit SpaceCrats to get fellow Lunar BABE-NAUT CONNIE STEVENS PREGGERS TO SHOW UP THEIR STUDLY, FERTILE, PRE-VLADVEDEV SOVIET PARTNERS here].

D *** NG IT, MORIARITY, DIDN'T YOUSE KNOW THAT WHATS-HIS-NAME-SENATOR-GOVTCRITTER CRIED OPENLY ON THE FLOOR ON THE US SENATE WHEN LEWIS ANNOUNCED HE + CONNIE DIDN'T DO "THE DIRTY DEED" [yet] + SHE WASN'T PREGGERS, HHENCE THE RUSSKIS WERE STILL WAY AHEAD OF THE US-NATO IN THE "SEX/BABY GAP"!
Posted by: JosephMendiola || 12/01/2010 22:35 Comments || Top||


Bangladesh
Koko indicted in absentia
[Bangla Daily Star] A Dhaka court yesterday framed charges against former prime minister Khaleda Zia's
Three-term PM of Bangla, widow of deceased dictator Ziaur Rahman, head of the Bangla Nationalist Party ...
younger son Arafat Rahman Koko
What kind of a mother would name her kid "Koko"? No wonder he grew up to be a corrupt politician. It was either that or a clown.
and a former BNP minister's son in absentia in a money laundering case. The other accused is Ismail Hossain Saimon, son of former shipping minister late Akbar Hossain.

The same court on October 31 issued arrest warrant against Koko and Saimon in connection with the case. As per the law the accused were supposed to be present in the court at the time of hearing on the charge framing and during the trial proceedings.

Judge Mozammel Hossain of the Special Judge's Court-3 fixed January 4, 2011 to start trial of this case through deposition of 23 witnesses. The court also framed charges against the duo in their absence, as Koko and Saimon did not appear before the court or were not produced by the police.

Koko, who was jugged on September 2, 2007 on graft charges and paroled for treatment abroad in July the next year, is now in Bangkok though his parole is not in effect. Saimon has been on the run since the Anti-Corruption Commission filed the money laundering case against him and Koko on March 17 last year.

In the case statement, the anti-graft body said the accused had laundered money they received from China Harbour Engineering Company Ltd and Siemens for helping them win government contracts.

China Harbour got a Tk 351 crore contract to set up New Mooring Container Terminal and Siemens a Tk 239 crore contract to supply and install equipment for Teletalk, the state-owned cellphone operator.

The ACC pressed charges against Koko and Saimon on November 15 last year.

As both the accused are runaways, they did not have any legal right to appoint lawyers to defend them during hearing of charge framing. They would not be able to appoint counsels to defend the case during trial if they do not appear before the court.

The court could not read out the charges to the accused during the hearing on charge framing, as they were absent. Following prosecution submission on charges against the accused and a prayer the court framed the charges.

The trial against Koko and Saimon would continue in their absence, the court said.

Despite absence of Koko, his lawyers yesterday submitted a petition before the court seeking cancellation of the arrest warrant issued in October. The court rejected the petition.

Earlier, the same court asked Koko and Saimon to appear before it and face trial, but they did not pay heed to it.

Koko's lawyers told the court that Attorney General Mahbubey Alam on October 31 appeared before the court and appealed to the court for issuance of arrest warrant against their client. But the trial court in its order did not mention about the attorney general's submission before it. So, they prayed for correcting the order, the lawyers added.

Special Public Prosecutor Mosharraf Hossain Kajol told the court that Koko's lawyers had no right to file any petition, as their client was earlier shown runaway.

As per law, no petition is filed on behalf of a runaway, Kajol said.

After hearing both the sides, the judge rejected Koko's petition and framed charges against the two.
Posted by: Fred || 12/01/2010 00:00 || Comments || Link || [0 views] Top|| File under:

#1  She should never have learned sign language.
Posted by: Spot || 12/01/2010 8:15 Comments || Top||


Britain
Duke of York under scrutiny in leaked US documents
(KUNA) -- The Duke of York's role as trade ambassador was Tuesday at the centre of controversy after a leaked document showed how he criticized France and America and condemned "idiotic" anti-corruption investigators during a trip representing Britain abroad.
Oh, The noble Duke of York,
US ambassador Tatiana Gfoeller described Prince Andrew boasting "cockily" about UK influence in central Asia in an expletive-laden discussion with British businessmen in Kyrgyzstan which "verged on the rude".
He had ten thousand men;
Approaching the limit from the wrong side, was he? Perhaps Ambassador Gfoeller meant cheeky instead.
Her comments came in a confidential diplomatic cable contained in a tranche of 250,000 secret documents obtained by whistle-blowing website WikiLeaks.
He marched them up to the top of the hill,
Other revelations in the second day of leaks included dispatches showing Chinese frustration with its ally North Korea and suggesting Beijing may be ready to accept reunification with the South.
And he marched them down again.
US Secretary of State Hillary Clinton yesterday said the Obama administration "deeply regrets" the leaks and is taking "aggressive steps to hold responsible those who stole this information".
And when they were up, they were up,
Prince Andrew's comments came in a two-hour brunch for UK and Canadian businessmen attended by Gfoeller in the Kyrgyz capital of Bishkek in 2008.
And when they were down, they were down,
Her cable, published on The Guardian newspaper website after the newspaper entered into an agreement with WikiLeaks, summarised the meeting for State Department officials in Washington.
And when they were only half-way up,
"Astonishingly candid, the discussion at times verged on the rude (from the British side)," she said. Andrew attacked the Serious Fraud Office probe - later closed - into alleged kickbacks related to BAE Systems' multibillion-pound Al-Yamama arms deal with Saudi Arabia, said Ms Gfoeller.
They were neither up nor down.
"He railed at British anti-corruption investigators, who had had the 'idiocy' of almost scuttling the Al-Yamama deal with Saudi Arabia. "His mother's subjects seated around the table roared their approval. "He then went on to 'these (expletive) journalists, especially from the National Guardian, who poke their noses everywhere' and (presumably) make it harder for British businessmen to do business. The crowd practically clapped."

In "an astonishing display of candour", the British businessmen alleged that nothing got done in Kyrgyzstan unless the son of the then president got a cut, and Andrew agreed that he had heard the same name "over and over again" when discussing business in the country.

"At this point, the Duke of York laughed uproariously, saying that 'all of this sounds exactly like France'," wrote Gfoeller.

Later, discussing the need for Kyrgyzstan to preserve the legal sanctity of contracts to attract Western investment, Andrew again joked: "They won't need to make any changes to attract the French."

The prince "stated baldly" that Britain, western Europe and the US were "back in the thick of playing the Great Game", said Gfoeller "More animated than ever, he stated cockily: 'And this time we aim to win.

'" The prince said that China had joined Russia as a player in the struggle for influence in the region, describing Beijing's economic expansion as "probably inevitable, but a menace".

He castigated British and American governments as "stupid" for making plans for 10 years ahead while Asian powers were thinking in centuries.
The world changes an awful lot in just a century, generally due to unpredictable elements. Planning -- committing resources -- "centuries" ahead strikes me as clever in politics as in climate change.
Gfoeller praised Andrew for being "super-engaged" in the discussion, and said that he had reached out to her "with cordiality and respect, evidently valuing her insights".

But she added that he approached the discussion with "unmitigated patriotic fervour" and reacted "with almost neuralgic patriotism" whenever any comparison between the US and UK came up. At one point he said he was unsurprised that US investment in Kyrgyzstan was no larger than the UK's, explaining that "the Americans don't understand geography. Never have. In the UK, we have the best geography teachers in the world".

Labour MP John Mann suggested that the Prince might have to consider his unpaid role as trade ambassador. Mann told BBC2's Newsnight current affairs rogramme: "If these comments by Prince Andrew are accurate - and of course we don't know that yet - then clearly it's of public interest that they are out there, so that he can judge whether he is performing the role well and government can make that judgment as well. Prince Andrew will need to think through if he is actually carrying out this role to the best of his abilities."

Buckingham Palace said it would not comment on leaked documents.

The Guardian today published secret dispatches showing that China's vice-foreign minister told US officials that North Korea was behaving like a "spoiled child" seeking attention by carrying out missile tests in 2009. And it revealed that South Korea's vice-foreign minister told US officials he was told by two senior Chinese officials that they believed Korea should be reunified under Seoul's control. The revelations threaten to fuel instability on the Korean peninsula, following Pyongyang's missile attack on a South Korean island last week. -+
Posted by: Fred || 12/01/2010 00:00 || Comments || Link || [1 views] Top|| File under:

#1  Sounds like the Duke of York is doing his job just fine. I certainly don't hold his patriotism against him.
Posted by: JAB || 12/01/2010 0:28 Comments || Top||

#2  Yep, I rather feel he won't be regretting this being made public.

Apart from AL Grauniad readers, everyone's going to think a bit better of him.
Posted by: Bright Pebbles || 12/01/2010 6:13 Comments || Top||

#3  This is like Putin finding out he was called an "alpha dog". Yeah, I'm bad!
Posted by: Spot || 12/01/2010 8:12 Comments || Top||

#4  Duke of Dork
Posted by: Jeremiah Flainter9609 || 12/01/2010 8:44 Comments || Top||

#5  Ahhhh Randy Andy & Koo

Those were the days!
Posted by: anonymous2u || 12/01/2010 11:15 Comments || Top||

#6  I think of York as "the 'b' team" in case for some reason William doesn't become king.

Someone once suggested that once William ascended, if England was falling apart for whatever reasons, and parliament was ineffectual and bonkers, as is typical, that William could order parliament dissolved, fly to Canada, then declare Andrew as 'Lord Protector' of England, ala Cromwell.

This would place him in charge of the military, what little of it was left, and he could raise a loyal army, then "smite the hell" out of whoever was dragging England down. Little way around it other than mass executions.

It was even suggested that this new army be called "Caledfwlch", which is the Welsh name for Excalibur.
Posted by: Anonymoose || 12/01/2010 13:52 Comments || Top||


Caucasus/Russia/Central Asia
2nd Russian 4th-generation nuclear sub launched
Severodvinsk today witnesses the launching of the second strategic nuclear-powered submarine of the fourth generation - Alexander Nevsky.

The lead ship – Yuri Dolgoruky – is currently being tested.

The Ministry of Defense plans to build a minimum of eight Borei- class missile cruisers.

They are designed to become the fundamental component of the marine strategic nuclear forces of Russia.
Posted by: Anonymoose || 12/01/2010 00:00 || Comments || Link || [1 views] Top|| File under:


China-Japan-Koreas
Chinese factories becoming reluctant to take rush Christmas orders
The Christmas season is quickly approaching, and China's exporters are like elves busy making holiday gifts to be transported and sold worldwide. But while large volumes of orders usually bring happiness in profits, this year, it's bringing on headaches instead.

Most years, Chinese manufactures have looked forward to the holiday season with cheer. But this year may be different.

In the eastern Chinese city of Ningbo, a hub for export goods, factories are feeling more towards incoming orders from overseas. Their production prices are rising thanks to the soaring costs of raw materials.

Xiang Bobo, Manager of Chinese Exporter said "Material prices are rising so fast, they differ each day. That makes it impossible for us to price our product appropriately, and we have had to turn down many orders."
B.S. They don't need the Christmas orders any more, they're already rich.
Production prices are normally fixed several months in advance. So overseas buyers are unhappy when they have to pay for the slack. It has left many exporters unwilling to take large orders.

Zhang Yongda, Manager of Chinese Exporter said "Since prices cannot be changed, and uncertainties still abound in the raw material market, exporters are afraid of bigger orders, as they also mean bigger risks."
There are ways to mitigate the risk, but they just don't care.
For the manufacturers who have taken such orders, they are struggling for profits. And for many, this is shaping up to be a busy season, but not necessarily a profitable one.
Posted by: gromky || 12/01/2010 00:01 || Comments || Link || [1 views] Top|| File under:

#1  Make in America!
Posted by: Jeremiah Flainter9609 || 12/01/2010 8:37 Comments || Top||

#2  Unless the Chinese are going to nationalize every available 747 in that part of the world, what's already in stores are what's going to be sold this Christmas season...or...it's going to be one hellva post holiday sale they're planning.
Posted by: Procopius2k || 12/01/2010 8:44 Comments || Top||

#3  It does sound like somebody's trying to create some sort of narrative to hide some news.
Posted by: Bright Pebbles || 12/01/2010 9:14 Comments || Top||

#4  There are lots of countries in the world with hard workers and low labor prices that could do with some investment. I'd suggest India as a possibility. Just dangling the possibility in front of Chinese businessmen would probably do some good.
Posted by: rjschwarz || 12/01/2010 10:09 Comments || Top||

#5  The People's Online Daily from CNTV.cn? I'm with BP. Sounds like an inflation warning.

When India gets the infrastructure China has built to facilitate exporting, it can start to deal with its distance problem.
Posted by: Nimble Spemble || 12/01/2010 10:35 Comments || Top||


China starts putting the screws on foreign businesses
Starting today, two extra charges will be levied on internationals.

China is levying two taxes on foreign companies, marking the beginning of a standard national tax treatment for foreign and Chinese enterprises.
They're pitching it as "normalization" to the domestic and anti-capitalist crowd.
China will charge foreign firms with operations here two additional taxes (a construction tax and education surcharge) in a measure taking effect Wednesday, according to a State Council announcement in late November.

The measure makes most of the taxes imposed on domestic and international companies equal. But it also means foreign enterprises' expenditures on local operations will rise by up to 10 percent.
So, now that we have a good economy, we're going to drive you out of business. Bye! And don't forget to sell your companies for a song to local businesses before you go.
Analysts said the effect on foreign investors is limited, and they must adapt to the new situations in China and regard it as a market rather than just a low-cost production center.

"I don't think this will exert any negative effect on the growth of foreign direct investment (FDI) in China, given China's robust economic growth and increasing domestic consumption, which will steadily help the market maintain its appeal to foreign businesses," said Wang Zhile, director of the research center on multinationals under the Ministry of Commerce.

Ding Yifan, economist of the State Council's Development Research Center, agreed with Wang and said that in addition to tax policies, many other factors - including consumption-market size, labor resources and economic growth - could determine a nation's attraction as an investment destination.

"The measure itself will help to create a fair tax environment for companies at home and abroad," he said.

Early on in its reform and opening to foreign enterprise, China launched super-preferential tax policies for international companies in a bid to propel its economic growth, and the internationals were exempt from some taxes. Over the past few years, the preferential policies have gradually been phased out.
It was temporarily useful to invite the barbarians in. Now, get the hell out of our celestial kingdom.
According to the Ministry of Commerce, China's FDI grew from January to October by 16 percent from a year earlier, and October is the 15th consecutive month that the FDI registered positive growth since the start of the financial crisis.

The European Chamber of Commerce in China said that foreign companies are gradually being treated the same as their local counterparts, sending a strong signal that China's investment environment and policies are maturing, and that European companies have been well prepared for the change. "We have no reason to complain about the additional taxes," said a chamber staff who declined to be named.

"But we will be paying close attention to how China will continue opening to foreign businesses in the future," the person said.

The European Chamber of Commerce in China released a confidence survey in June, revealing that 70 percent of its member companies believe China will be among their top three investment destinations in five years.

The new tax measure comes after China's investment environment was widely criticized by foreign businesses in recent months. Their complaints partially led to China calling off super-preferential policies during the past few years.

In 2007, China unified the corporate income tax on domestic and foreign companies at 25 percent. Previously, foreign firms paid a 15 percent corporate income tax rate, 18 percentage points lower than their Chinese counterparts. The move was a turning point in the super-preferential policies that internationals enjoyed for about two decades.

In April, China launched a new FDI guideline in which the government encourages foreign companies to invest in the service and high-tech sectors instead of manufacturing, and to invest in China's central and western regions.
We already know how to operate factories. Now, teach us how to do a Western-style service economy.
"It's understandable that they need time to adapt to the changes, but China also has reason to adjust investment policies to support the economic-development mode," Wang said.

Premier Wen Jiabao has repeatedly confirmed that China welcomes foreign enterprises and will treat them as it does domestic companies.
*snort* bullshit.
Wang Zhile said China moving toward patiently listening to mutinational companies (MNCs) and it should continue to take advice from them and try to create a more open environment for them, because foreign enterprises are a significant growth engine for China's economy.

Since August, China's FDI growth has remained in the single digit, in contrast to double-digit rates as high as 30 percent in the first half of this year, raising concern about whether high-level growth is sustainable.

Hao Hongmei, a researcher at the foreign investment department of the Chinese Academy of International Trade and Economic Cooperation, a division of the Ministry of Commerce, said China has outperformed others in absorbing FDI and there is no doubt that FDI will continue to grow in the coming years.

"But thanks to the global economic downturn and the nation's transforming economic-development mode, China's FDI growth will probably be moderate and might even decelerate somewhat," he said.

The Philippines-based SM, that nation's largest retailer, plans to invest more than $1 billion in China's second-tier cities in the next five years to establish super shopping malls. Bosch, Germany's leading industrial group, also said China will be given priority when it comes to investment overseas.

The Swedish construction equipment provider Volvo Group is planning to invest more than $100 million in emerging markets, with most of it going to China.

"The company's business in Asia has doubled this year, with China acting as the pillar contributor," said Olof Persson, president and chief executive of Volvo Construction Equipment.

China's economy has grown more than 9 percent in the past five quarters ending in September as the government stimulus paid off. The International Monetary Fund predicts China will expand by 9.6 percent in 2011, four times the pace of the United States and six times that of the euro area.

China outperformed Japan as the world's second-largest economy for the second straight quarter in the three months ending in September.

A report released by the United Nations Conference on Trade and Development in September shows that China continues to be the world's most attractive FDI destination.
Posted by: gromky || 12/01/2010 00:01 || Comments || Link || [5 views] Top|| File under:

#1  Ding and Wang, stuff it!
Posted by: Jeremiah Flainter9609 || 12/01/2010 8:41 Comments || Top||

#2  Ah, yes, the California model.
Posted by: Procopius2k || 12/01/2010 11:06 Comments || Top||

#3  But, but, but that will mean goods manufactured in the People's Paradise of Communist China will cost us more! Where's the downside?
Posted by: Besoeker || 12/01/2010 19:40 Comments || Top||

#4  Good Morning, Viet Nam!
Posted by: Frank G || 12/01/2010 21:47 Comments || Top||


N. Korea leader's aide visits China amid tension over artillery attack on S. Korea
(KUNA) -- An aide to North Korean leader Kim Jong-il arrived in Beijing on Tuesday, making him the first senior North Korean official to visit China since Pyongyang's deadly shelling of a South Korean island near the two countries' contested western sea border on November 23, the Japanese media reported.

Choe Thae-bok, a secretary of the Workers' Party of Korea's Central Committee, may discuss with senior Chinese officials rising tension on the Korean Peninsula in the wake of the November 23 incident and a Chinese proposal to convene an emergency meeting of the heads of delegations to the six-party talks on North Korea's nuclear programs to defuse such tension, said the Kyodo News Agency.

China, the North's closest ally, chairs the six-party talks over the North's nuclear programs, which also involve South Korea, the US, Japan and Russia.
Posted by: Fred || 12/01/2010 00:00 || Comments || Link || [0 views] Top|| File under: Commies

#1  If you missed it yesterday, China remarks that they have no problem with a unified Korea.
Posted by: newc || 12/01/2010 7:46 Comments || Top||

#2  Conversation went something like this:
"What can I say? The little f*cker's crazy! I don't want to eat grass soup."
Posted by: Spot || 12/01/2010 8:06 Comments || Top||

#3  A smart government might have put some false reports through channels so they'd be published along with the real wikileaks stuff.
Posted by: rjschwarz || 12/01/2010 10:11 Comments || Top||


Economy
Bonds Sink, Euro Gains on Report of US Aid to Europe...
Posted by: Deacon Blues || 12/01/2010 16:38 || Comments || Link || [6 views] Top|| File under:

#1  All you “rich” Americans earning $200,000 or more can support the whole world on your shoulders – even those tax-dodging Greeks.

Yeah – that will go down smoothly.

I wonder what revelations have yet to be uncovered? Maybe US bail-out money going to fund failing madras schools? Or – perhaps providing subsidies to Khat farmers in Somalia? Or - maybe small boat loans to Somali “fishermen”? How about a nitrate fertilizer factory in Waziristan? Loan guarantees for a centrifuge repair trade school in Tehran????

The possibilities are endless. America is certainly in good hands …….
Posted by: Lone Ranger || 12/01/2010 21:06 Comments || Top||

#2  I'll just assume that my copies of stock certificates will be in by the end of the year so I declare them on my '10 taxes thankyouverymuchfoche5rs.
Posted by: swksvolFF || 12/01/2010 21:23 Comments || Top||


Islamic finance is a washout
Near the top of the article:
A supervising director for Dubai Financial Services Authority says, "It was a very good idea ... it was just slightly unfortunate timing."
But the penultimate paragraph gives the game away:
While the pool of sharia-compliant equities is considerably bigger in most Muslim countries, Islamic asset managers still have far fewer investing choices than conventional managers who have the alternative of interest-based instruments.
Posted by: ryuge || 12/01/2010 10:34 || Comments || Link || [0 views] Top|| File under:

#1  my favorite paragraph was this one,

"Consultants Ernst & Young warned that the Islamic fund industry has stagnated, with 27 Islamic fund liquidations last year, almost the same number as the 29 funds launched."
Posted by: Lord Garth || 12/01/2010 13:49 Comments || Top||

#2  Progressive finance is a washout too.
Posted by: CincinnatusChili || 12/01/2010 18:26 Comments || Top||


EU unemployment rate remains unchanged
(KUNA) -- The unemployment rate in the 27 EU member states was 9.6 percent in October, unchanged compared with September.

It was 9.4 percent in October 2009, according to figures released by Eurostat, the EU's statistical office, here Tuesday.

The unemployment ratre in the 16 member euro area was 10.1 percent in October, compared with 10.0 percent in September. It was 9.9 percent in October 2009.

Eurostat estimates that 23.151 million men and women in the 27 EU countries, of whom 15.947 million were in the euro area, were unemployed in October.

Compared with September, the number of persons unemployed increased by 84, 000 in the EU and by 80,000 in the euro area.

Among the EU Member States, the lowest unemployment rates were recorded in the Netherlands (4.4 percent), Austria (4.8 percent) and Luxembourg (5.0 percent), and the highest in Spain (20.7 percent), Latvia (19.4 percent ) and Lithuania 18.4 percent.

Compared with a year ago, the unemployment rate fell in eight EU Member States and increased in 19.
Posted by: Fred || 12/01/2010 00:00 || Comments || Link || [1 views] Top|| File under:

#1  WAFF/XINHUA/TOPIX > ONE IN FIVE GREEKS LIVE IN [abject] POVERTY, SAYS GREEK MINISTER [GK Labor + SocSec Minster LOUKA KATSELI].

ARTIC = No Growth can occur in any Country widout SOCIAL COHESION, i.e. SERIOUS OR PROHIBITIVE GAPS EXIST BETWEEN RICH-N-POOR = SOCIAL, RULING CLASSES.
Posted by: JosephMendiola || 12/01/2010 1:01 Comments || Top||

#2  >No Growth can occur in any Country widout SOCIAL COHESION

This is of course, total nonsense. No growth can occur without the freedom to reciprocally exchange time (i.e. both parties own their time).
There is of course a degree of massively damaging rent-seeking that tends to accrue to the super-rich, but rent-seeking should be tackled, not wealth accumulation.
Posted by: Bright Pebbles || 12/01/2010 6:16 Comments || Top||


Home Front: Politix
Furn Banks bailed out by Fed
Term Auction Facility (TAF)

Under the program, the Federal Reserve auctioned 28-day loans, and, beginning in August 2008, 84-day loans, to depository institutions in generally sound financial condition
generally sound being sufficiently elastic to include Countrywide, BofA, and all the other TARP babies..
TAF provided access to term credit without the stigma that had been associated with use of the discount window.

All loans extended under the TAF were fully collateralized. All loans made under the facility were repaid in full, with interest, in accordance with the terms of the facility.
Maximum borrowing (in $millions) of foreign banks under TAF (as far as I can tell which are foreign. I may have made mistakes. I wish I knew how to paste an Excel table to the comments.) More programs and facilities at the link.

15,000.0 BARCLAYS BK PLC NY BR
12,000.0 ROYAL BK OF SCOTLAND PLC NY BR
10,000.0 RBS CITIZENS NA
9,000.0 BANK OF SCOTLAND PLC NY BR
8,600.0 BARCLAYS BK PLC PARK AVE BR
8,000.0 UBS AG PARK AVE BR
7,500.0 DEPFA BK PLC NY BR
7,500.0 DEXIA CREDIT LOCAL NY BR
7,500.0 DRESDNER BK AG NY BR
7,500.0 SOCIETE GENERALE NY BR
7,250.0 COMMERZBANK BK NY BR
7,000.0 BAYERISCHE LANDESBANK NY BR
6,000.0 DEUTSCHE BK AG NY BR
5,700.0 UNICREDIT NY BR
5,000.0 CALYON NY BR
5,000.0 COMMERZBANK AG NY BR
5,000.0 RABOBANK NEDERLAND NY BR
4,000.0 BARCLAYS BK DE
4,000.0 NORINCHUKIN BK NY BR
4,000.0 WESTLB AG NY BR
3,600.0 ALLIED IRISH BKS NY BR
3,500.0 FORTIS BK SA/NV NY BR
3,500.0 MIZUHO CORPORATE NY BR
3,000.0 BANK OF NOVA SCOTIA NY AGY
3,000.0 DZ BK AG DEUTSCHE ZENTRA NY BR
3,000.0 ERSTE GROUP BK NY BR
3,000.0 HSH NORDBK AG NY BR
3,000.0 LANDESBK BADEN WUERTTEMB NY BR
2,900.0 ROYAL BK OF CANADA NY BR
2,800.0 SUMITOMO MITSUI BKG NY BR
2,500.0 BANK TOK-MIT UFJ NY BR
2,200.0 BAYERISCHE HYPO VEREINS NY BR
2,100.0 KBC BANK NV NY BR
2,000.0 BNP PARIBAS EQUITABLE TOWER BR
2,000.0 BNP PARIBAS HOUSTON AGY
2,000.0 NATIXIS 1251 AVE OF AMERS BR
2,000.0 TORONTO-DOMINION BK NY BR
1,900.0 LANDESBANK HESSEN-THURIN NY BR
1,800.0 STANDARD CHARTERED BK NY BR
1,500.0 ABN-AMRO BK NV CHICAGO BR
1,500.0 ERSTE BK OESTERREICHISCH NY BR
1,500.0 NATIONAL AUSTRALIA BK NY BR
1,410.0 ARAB BKG CORP NY BR
1,400.0 CREDIT INDUS ET CMRL NY BR
1,230.0 MITSUBISHI UFJ TR & BKG NY BR
1,145.0 ITAU UNIBANCO SA NY BR
1,005.0 EUROHYPO AG NY BR
1,000.0 BANK OF MONTREAL CHICAGO BR
1,000.0 HSBC BK USA NA
1,000.0 SKANDINAVISKA ENSKILDA NY BR
1,000.0 WESTPAC BKG CORP NY BR
980.0 NORDDEUTSCHE LANDESBANK NY BR
970.0 CANADIAN IMPERIAL BK NY AGY
750.0 BANCO BILBAO VIZCAYA ARG NY BR
750.0 BNP PARIBAS SF BR
750.0 SUMITOMO TR BKG NY BR
700.0 BANK OF NOVA SCOTIA HOU BR
500.0 LLOYDS TSB BK PLC NY BR
500.0 NATIXIS NY BR
400.0 SHINKIN CENTRAL BK NY BR
310.0 SHIZUOKA BK NY BR
300.0 BANK HAPOALIM BM NY BR
300.0 BANK OF NOVA SCOTIA SF AGY
250.0 MALAYAN BKG BERHAD NY BR
246.0 SCOTIABANK DE PR
191.4 BANCO SANTANDER SA NY BR
145.0 GUNMA BANK NY BR
100.0 KOREA DEVELOPMENT BK NY BR
100.0 SHINHAN BK NY BR
100.0 SHOKO CHUKIN BK NY BR
Posted by: Nimble Spemble || 12/01/2010 15:44 || Comments || Link || [1 views] Top|| File under:


Science & Technology
Secret X-37B Space Plane landing soon. In orbit since April 30th
Posted by: Water Modem || 12/01/2010 00:00 || Comments || Link || [0 views] Top|| File under:

#1  Iff the "AURORA" + other SPAWAR, etc. is any measure, A-MADONNA-FAN-FROM-GUAM will catch or see 'em all.
Posted by: JosephMendiola || 12/01/2010 0:23 Comments || Top||

#2  I bet there are some fun goodies on that craft as well. Maybe a candy dispenser too.
Posted by: DarthVader || 12/01/2010 8:24 Comments || Top||



Who's in the News
38[untagged]
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1al-Qaeda in Arabia
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1al-Qaeda in Pakistan

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Two weeks of WOT
Wed 2010-12-01
  Iraq arrests 50 suspected militants
Tue 2010-11-30
  Chihuahua: 18 Dead in Mass Grave near Puerto Palomas
Mon 2010-11-29
  Persian nuclear scientsts targets of car kabooms
Sun 2010-11-28
  Emad Hatem Abdullah of Little Rock Arrested On Explosives Charges
Sat 2010-11-27
  Somali teenager 'tried to set off carbomb in US'
Fri 2010-11-26
  South Sudan accuses north of raid
Thu 2010-11-25
  Bakri makes bail
Wed 2010-11-24
  Arrest warrant for Rafsanjani's son issued
Tue 2010-11-23
  North Korea Fires Rockets at Island
Mon 2010-11-22
  23 killed in Somalia fighting
Sun 2010-11-21
  FARC Honcho Killed
Sat 2010-11-20
  Nigeria seizes $9.9-million heroin shipment from Iran
Fri 2010-11-19
  Foopie cleared of terror charges in key Guantanamo trial
Thu 2010-11-18
  Hekmatyar offers truce terms
Wed 2010-11-17
  Missile strikes in Waziristan kill 17 20


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