Barclays bank has endured a torrid year having been caught up in a number of financial scandals. Photograph: Carl Court/AFP/Getty Images Barclays took another major hit to its already bruised reputation last night when a US regulator threatened the bank with a record $470m (£290m) penalty for allegations that it attempted to manipulate the US electricity [...]
Archive for November, 2012
Barclays faces record £290m penalty British bank suffers another hit to its battered reputation as it confronts huge costs for alleged US energy market manipulation
Was Kate Moss exploited as a young model? In 1990 she was just 16 when a nude photoshoot launched her career. But it wasn’t a happy time, says the supermodel
Kate Moss poses nude in 1992, two years after the topless photoshoot that launched her career. Photograph: Alamy She is laughing, but the body language couldn’t be clearer – Kate Mosscovers her bare breasts with an arm, and hunches over, trying to conceal the rest of her naked body with a sunhat. The photograph, one of [...]
US warns Israel off pre-emptive strike on Iran Arab spring has left US-friendly rulers in region nervous about possible impact of an Israeli strike on Iran’s nuclear programme
General Martin Dempsey, chairman of the US joint chiefs, meets Israel’s defence minister, Ehud Barak, in Tel Aviv. Photograph: Ariel Hermoni/EPA US warns Israel off pre-emptive strike on Iran Are you reaching the end of your tether when it comes to dredging up support for an apartheid state called Israel, that has somewhere between 300 [...]
Russian Prime Minister Dmitry Medvedev (RIA Novosti/Ekaterina Shtukina) ‘Love of dead tyrants a common human error’ – Medvedev Russia’s Prime Minister replied to a wave of comments that appeared after his harsh statement about Stalin, saying that the supporters of tyranny are only holding this position because they know they are now safe from repressions. [...]
Ishinomaki, where 30 thousand residents lost their homes. (Reuters / Toru Hanai) Waves of anger: Japan tsunami victim aid spent on whalers, officials and fighter pilots A quarter of Japan’s tsunami relief fund has been spent on unrelated projects, including renovating a government office and subsiding whaling. The revelations have ignited outcry as more than [...]
Internationally acclaimed academician Noam Chomsky of Massachussets Institute of Technology of the United States has said that Koodankulam could be another Bhopal disaster in waiting. In a solidarity letter to the struggling people he said `Nuclear energy is a very dangerous initiative, particularly in countries like India, which has had more than its share of industrial disasters, Bhopal being the most famous,’ said Noam Chomsky. ` I would like to express my support for the courageous people’s movement protesting the opening of the Koodankulam Nuclear Power Plant.’
Sewage flows down a street in the Gaza camp for Palestinian refugees in Jordan. (MaanImages/Siraj Davis) By Siraj Davis and Yasmin Omar Lulu The Gaza camp in Jordan, near the northwestern historical ruins of Jerrash where the Greco Roman Empire once flourished, was set up by the UN as an emergency measure in 1968. During [...]
Laborers work at a construction site in the Israeli settlement of Gilo on Oct. 23. (Reuters/Ammar Awad) BETHLEHEM (Ma’an) — Israel has already built over three times more settlement buildings this year than the state’s own population growth figures would require, a Palestinian research group said Wednesday. Israel’s justification for settlement expansion based on natural [...]
Clearing the path for future tyranny Regardless of who wins the US elections, Obama’s war on civil liberties gives future presidents deadly capability.
Clearing the path for future tyranny Regardless of who wins the US elections, Obama’s war on civil liberties gives future presidents deadly capability. Remember the scenes of jubilation, the joy, the tears as Obama became the president.It took him no time at all to completely reverse that whole aura. He extended the war in Afghanistan, [...]
Inequality: The silly tales economists like to tell Some economists don’t get paid to know about the economy, but to justify the trickle-up of wealth.
Scores missing after Rohingya boat sinks At least 130 people are missing after Malaysia-bound boat carrying Rohingya Muslims from Myanmar sinks near Bangladesh.
Rohingya Muslims have fled Myanmar as ethnic fighting with Buddhists continues [AFP/Getty] About 130 passengers are missing after a boat carrying Rohingya refugees sank off the border between Myanmar and Bangladesh, according to Bangladesh police and a Rohingya advocacy group. Mohammad Farhad, police inspector of Teknaf on the southeast tip of Bangladesh, told AFP that [...]