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2/19/2012 Is This the End of Market Democracy?
The 2012 election will offer voters a stark choice between right and left alternatives. President Obama is calling for: investing in things like education that gives everybody a chance to succeed. A tax code that makes sure everybody pays their fair share. And laws that make sure everybody follows the rules. That’s what will transform our economy. That’s what will grow our middle class again. Republicans, in turn, are denouncing the expansion of a Democratic “entitlement society” and what they see as a trend toward European social democracy. They are calling for sharply reduced taxes, regulation and government spending to free market forces and revive private sector economic growth. While Americans are going to be able to choose between two contrasting ideologies, what if both choices are off the mark? What if the legitimacy of free market capitalism in America is facing fundamental challenges that the candidates and their parties are not addressing? Here are some of the issues that are making some politicians and political thinkers uneasy: Are large segments of the American workforce — millions of people — at a structural disadvantage in the face of global competition, technological advance and ever more sophisticated forms of automation? Is this situation permanent? Will the share of profits from improving corporate productivity flowing to capital and to high-earning C.E.O.s continue to grow, while the income of wage earners stagnates and their share of profits declines? Has the surging wealth and income of the top one percent and of the top 0.1 percent reached a tipping point at which the political leverage of the very affluent decisively outweighs the influence of the electorate at large? Is it possible that in the United States and Europe, democratic free market capitalism is no longer capable of providing broadly shared benefits to a solid majority of workers?
(New York Times)
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posted: 2/21/12                   0       4
#1 



1/5/2012 Iran: a quickly evolving geopolitical imbroglio
As the days go by, the situation with Iran just gets increasingly complex and worrisome given the egregious saber rattling coming from both the West and Iran alike. As I outlined in my article entitled “Positioning for war with Iran?”, it has become clear that the West is either arming surrounding neighbors as a deterrent, preparation for an unprovoked strike, or perhaps even to goad Iran into attacking Western interest first, thus justifying brutal retaliation. My fledgling series about the global growth of NATO and the Western empire also covers aspects of this greater trend and how these issues constantly evolve and how so many seemingly disconnected events are in fact inseparably linked. While these issues may seem disconnected for some, I think it is quite important to point out that in fact they couldn’t be more closely related in that they are both symptoms of the cancerous war profiteering industry that is not only robbing the American people blind in the name of freedom but also eliminating our civil liberties and slaughtering innocent people around the globe.
(End The Lie)
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posted: 1/29/12                   0       8
#2 
keywords: Aerial Drones, Ali Khamenei, Atomic Energy Organization Of Iran, Bahrain, Bernard Valero, Big Oil, Bloomberg Lp, Broad Area Maritime Surveillance, Cancer, Carnegie Endowment For International Peace, China, France, Germany, Guam, Habibollah Sayyari, International Atomic Energy Agency, Iran, Iraq, Israel, Israel Defense Force, Ivory Coast, James Acton, Jan Van Tol, Jerusalem Post, John Stennis, Kuwait, Libya, London Guardian, Madison Ruppert, Mahmoud Mousavi, Middle East, Military, North Atlantic Treaty Organization, North Drilling Company, Northrup Grumman, Nuclear Power Plants, Nuclear Weapons, Olli Heinonen, Persian Gulf, Qatar, Saudi Arabia, Sea Of Oman, Strait Of Hormuz, Tehran, Tehran Times, US Army, US Navy, United Arab Emirates, United Nations, United States, United States European Command, Uranium, Washington DC, World War III Add New Keyword To Link



8/17/2011 Is the SEC Covering Up Wall Street Crimes?
Matt Taibbi: A whistle blower says the agency has illegally destroyed thousands of documents, letting financial crooks off the hook.

Imagine a world in which a man who is repeatedly investigated for a string of serious crimes, but never prosecuted, has his slate wiped clean every time the cops fail to make a case. No more Lifetime channel specials where the murderer is unveiled after police stumble upon past intrigues in some old file – "Hey, chief, didja know this guy had two wives die falling down the stairs?" No more burglary sprees cracked when some sharp cop sees the same name pop up in one too many witness statements. This is a different world, one far friendlier to lawbreakers, where even the suspicion of wrongdoing gets wiped from the record. That, it now appears, is exactly how the Securities and Exchange Commission has been treating the Wall Street criminals who cratered the global economy a few years back. For the past two decades, according to a whistle-blower at the SEC who recently came forward to Congress, the agency has been systematically destroying records of its preliminary investigations once they are closed. By whitewashing the files of some of the nation's worst financial criminals, the SEC has kept an entire generation of federal investigators in the dark about past inquiries into insider trading, fraud and market manipulation against companies like Goldman Sachs, Deutsche Bank and AIG. With a few strokes of the keyboard, the evidence gathered during thousands of investigations – "18,000 ... including Madoff," as one high-ranking SEC official put it during a panicked meeting about the destruction – has apparently disappeared forever into the wormhole of history. Under a deal the SEC worked out with the National Archives and Records Administration, all of the agency's records – "including case files relating to preliminary investigations" – are supposed to be maintained for at least 25 years. But the SEC, using history-altering practices that for once actually deserve the overused and usually hysterical term "Orwellian," devised an elaborate and possibly illegal system under which staffers were directed to dispose of the documents from any preliminary inquiry that did not receive approval from senior staff to become a full-blown, formal investigation. Amazingly, the wholesale destruction of the cases – known as MUIs, or "Matters Under Inquiry" – was not something done on the sly, in secret. The enforcement division of the SEC even spelled out the procedure in writing, on the commission's internal website. "After you have closed a MUI that has not become an investigation," the site advised staffers, "you should dispose of any documents obtained in connection with the MUI."
(Rolling Stone)
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posted: 9/14/11                   0       5
#3 
keywords: Adam Storch, American International Group, Andrew Tong, Bank Of America, Bankers Trust, Barry Walters, Bear Stearns, Bernie Madoff, Bill Laufer, Charles Grassley, Christopher Cox, Citigroup, Daniel Indiviglio, Darcy Flynn, Davis Polk, Der Spiegel, Deutsche Bank, Financial Crisis, Gary Aguirre, Gary Lynch, George Orwell, George W Bush, Germany, Goldman Sachs, Harry Markopolos, JP Morgan Chase, Jacqueline Millan, Joel Sauer, John Mack, John Nester, Julie Preuitt, Ken Hall, Laurence Brewer, Lehman Brothers, Linda Chatman Thomsen, Lynn Turner, Mary Schapiro, Morgan Stanley, National Archives And Records Administration, Paul Wester, Pequot Capital, Ping Jiang, Police, R Allen Stanford, Richard Walker, Robert Khuzami, Rolf Breuer, Sac Capital, Seaboard, Securities And Exchange Commission, Stephen Cutler, Texas, The Atlantic, US Congress, University Of Pennsylvania, Untied States, Wall Street, Whistleblowers, William Mclucas, Wilmerhale Add New Keyword To Link



8/17/2011 Rise of the Fourth Reich, how Germany is using the financial crisis to conquer Europe
Yesterday’s crisis meeting between Angela Merkel and Nicolas Sarkozy was arranged before the participants knew of the disastrous growth figures in the Eurozone that emerged in the morning. The background to the meeting was last week’s tumult in the world financial markets. Shares had gone into freefall after the downgrading of America’s credit rating. Worse than that, however, were the tremors rattling some of Europe’s most important banks, notably in France, caused by further evidence of the utter failure of even the more developed European economies to live anything like within their means.
(UK Daily Mail)
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posted: 9/14/11                   0       5
#4 



8/15/2011 Squelching social media after riots a dangerous idea
A pretty good article that explains why censoring social media is a bad idea, and not just for first world selfish privacy concerns. I am particularly impressed by how she ties it to the worldwide struggle for internet freedoms.

In an emergency session of Parliament on Thursday, British Prime Minister David Cameron said that the violence, looting and arson sweeping his country "were organized via social media." He said his government is now considering how and whether to "stop people communicating via these websites and services when we know they are plotting violence, disorder and criminality." On Friday, China's state-run Xinhua news agency published a commentary contrasting Cameron's latest statements with his Arab Spring-inspired speech earlier this year, in which he loftily proclaimed that freedom of expression should be respected in Tahrir Square as much as in London's Trafalgar Square. "We may wonder why Western leaders, on the one hand, tend to indiscriminately accuse other nations of monitoring, but on the other take for granted their steps to monitor and control the Internet," Xinhua said. "For the benefit of the general public, proper Web-monitoring is legitimate and necessary."
(CNN)
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posted: 8/16/11                   0       5
#5 



4/25/2011 'Nuclear hellstorm' if bin Laden caught: 9/11 mastermind
The mastermind of the 9/11 attacks warned that Al-Qaeda has hidden a nuclear bomb in Europe which will unleash a "nuclear hellstorm" if Osama bin Laden is captured, leaked files revealed Monday. The terror group also planned to make a 9/11 style attack on London's Heathrow airport by crashing a hijacked airliner into one of the terminals, the files showed. Khalid Sheikh Mohammed told Guantanamo Bay interrogators the terror group would detonate the nuclear device if the Al-Qaeda chief was captured or killed, according to the classified files released by the WikiLeaks website. Sheikh Mohammed, the self-professed mastermind of the September 11, 2001 attacks on the United States, has been held at Guantanamo since 2006 and is to be tried in a military court at the US naval base on Cuba over the attacks.
(Agence France-Presse)
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posted: 5/9/11                   0       6
#6 



4/15/2011 CIA officer: US depended on tyrannies
The United State’s intervention in Libya has been called a humanitarian effort by officials, but the true intentions of the American government can be not-so-easily explained by examining the country’s actions overseas. “The best thing for the United States is to back away and let the cards fall where they may,” says Michael Scheuer. "If Israel disappears, if Palestine disappears…who cares?" A former intelligence officer with the CIA who, like many, insists that the US’ intervention in Libya isn’t doing any good for anyone. Despite America’s insistence that their involvement in the Middle East is for the better of the citizen’s of Libya, the United States is only accentuating its reputation as the bad guy, says Scheuer. “We’re just trying to fool the Muslim world…but the Muslim world is much smarter than that,” says Scheuer, who has written extensively on Islam and America’s relation with Muslim countries. Scheuer says that the United States is known for attacking countries that have oil and that their involvement in Libya is being enacted to serve America, not the Middle East. This, the author says, only confirms what Osama Bin Laden has always inferred about America.
(Russia Today)
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posted: 4/19/11                   0       3
#7 



4/1/2011 Japan: Same Type of Concrete Pumping Trucks Used at Chernobyl Are En-route to Fukushima
Via: MSNBC: Some of the world’s largest cement pumps were en route to Japan’s stricken nuclear plant on Thursday, initially to help douse areas with water but eventually for cement work — including the possibility of entombing the site as was done in Chernobyl. Operated via remote control, one of the truck-mounted pumps was already at the Fukushima Dai-ichi site and being used to spray water. Four more will be flown in from Germany and the United States, according to the German-manufacturer Putzmeister. The biggest of the five has an arm that extends well over 200 feet. “Initially, they will probably pump water,” Putzmeister stated. “Later they will be used for any necessary concreting work.” A construction company in Augusta, Ga., was among those redirecting the pumps to Japan. Its owner said he believes building a concrete sarcophagus will follow. “Our understanding is they are preparing to go to next phase and it will require a lot of concrete,” Jerry Ashmore told the Augusta Chronicle.
(Cryptogon)
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posted: 4/5/11                   0       2
#8 
keywords: Augusta Chronicle, Augusta GA, Chernobyl, Earthquakes, Fukushima, Germany, Japan, Jerry Ashmore, Msnbc, Nuclear Power Plants, Putzmeister, Tsunamis, Ukraine, United States Add New Keyword To Link



2/22/2011 Libya protests: Oil prices rise as unrest continues
Oil prices have risen in the UK and US after continued unrest in Libya and worries about the impact on the country's crude exports. In London Brent crude rose by more than $2 a barrel to $108.5, before falling back to $105.78 a barrel. In New York, US light sweet crude oil rose by $7.37 to $93.57 a barrel. US shares also closed heavily down. Asian stocks had closed down, and European shares also fell before recovering by mid-afternoon.
(BBC)
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posted: 2/23/11                   0       9
#9 
keywords: Ali Al-naimi, Asia, Australia, Barclays, Benghazi, Big Oil, British Airways, British Petroleum, Cathay Pacific Airways, China Airlines, Cmc Markets, Dollar, Dow Jones, Eni, European Union, France, Germany, Hong Kong, Iberia, International Consolidated Airlines, Italy, Japan, Korea Airlines, Kuwait, Libya, London, Lufthansa, Michael Hewson, Middle East, Milan, Mohammad Bin Dhaen Al-hamli, Nasdaq, New York, New Zealand, Qantas, Repsol-yfp, Royal Dutch Shell, Saudi Arabia, Singapore Airlines, South Korea, Spain, Standard & Poor's, Taiwan, United Arab Emirates, United Kingdom, United States, Yinxi Yu Add New Keyword To Link



2/16/2011 Why Isn't Wall Street in Jail? Financial crooks brought down the world's economy -- but the feds are doing more to protect them than to prosecute them
By Matt Taibbi. Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate investigator laughed as he polished off his beer. "Everything's fucked up, and nobody goes to jail," he said. "That's your whole story right there. Hell, you don't even have to write the rest of it. Just write that." I put down my notebook. "Just that?" "That's right," he said, signaling to the waitress for the check. "Everything's fucked up, and nobody goes to jail. You can end the piece right there." Nobody goes to jail. This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth — and nobody went to jail. Nobody, that is, except Bernie Madoff, a flamboyant and pathological celebrity con artist, whose victims happened to be other rich and famous people. This article appears in the March 3, 2011 issue of Rolling Stone. The issue is available now on newsstands and will appear in the online archive February 18. The rest of them, all of them, got off. Not a single executive who ran the companies that cooked up and cashed in on the phony financial boom — an industrywide scam that involved the mass sale of mismarked, fraudulent mortgage-backed securities — has ever been convicted. Their names by now are familiar to even the most casual Middle American news consumer: companies like AIG, Goldman Sachs, Lehman Brothers, JP Morgan Chase, Bank of America and Morgan Stanley. Most of these firms were directly involved in elaborate fraud and theft. Lehman Brothers hid billions in loans from its investors. Bank of America lied about billions in bonuses. Goldman Sachs failed to tell clients how it put together the born-to-lose toxic mortgage deals it was selling. What's more, many of these companies had corporate chieftains whose actions cost investors billions — from AIG derivatives chief Joe Cassano, who assured investors they would not lose even "one dollar" just months before his unit imploded, to the $263 million in compensation that former Lehman chief Dick "The Gorilla" Fuld conveniently failed to disclose. Yet not one of them has faced time behind bars.

"You put Lloyd Blankfein in pound-me-in-the-ass prison for one six-month term, and all this bullshit would stop, all over Wall Street," says a former congressional aide. "That's all it would take. Just once."
(Rolling Stone)
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posted: 3/12/11                   0       4
#10 
keywords: Al Dunlap, American International Group, Art Samberg, Arthur Tildesley Jr, Bailouts, Bank Of America, Barack Obama, Bear Stearns, Bernie Madoff, Boston, Charles Grassley, Charles Schumer, Citigroup, Columbia University, Commodity Futures Trading Commission, Credit Default Swaps, Credit Suisse, Davis Polk & Wardwell, Debevoise & Plimpton, Derek Jeter, Derivatives, Deutsche Bank, Dick Fuld, Dick Walker, Eliot Spitzer, Enron, Eric Dinallo, Fabrice Tourre, Fannie Mae, Federal Deposit Insurance Corporation, Federal Reserve, Financial Crisis, Financial Crisis Inquiry Commission, Freddie Mac, Gary Aguirre, Gary Crittenden, Gary Lynch, General Electric, George W Bush, Germany, Goldman Sachs, Government Transparency, Heller Financial, Henry Waxman, Hillary Clinton, Hilton Hotels, Immigration, JP Morgan Chase, Jed Rakoff, Joe Cassano, John Mack, Joseph St Denis, Lanny Breuer, Lehman Brothers, Linda Thomsen, Lloyd Blankfein, Lynn Turner, Mary Jo White, Merrill Lynch, Mexico, Morgan Stanley, New York City, New York Stock Exchange, Office Of The Comptroller Of The Currency, Ohio, Oliver Budde, Paul Berger, Philadelphia, Police, Portfolio Magazine, Preet Bharara, Residential Mortgage-backed Securities, Restricted Stock Units, Rite Aid, Robert Khuzami, Robert Morgenthau, Roger Clemens, Rudy Giuliani, Securities And Exchange Commission, Simpson Thacher & Bartlett, Sunbeam, Switzerland, Terrorists, US Congress, US Department Of Justice, United States, Wall Street, War On Drugs, Worldcom Add New Keyword To Link



2/1/2011 Iceland Shows Ireland Did 'Wrong Things' Saving Banks
On his second day as head of Iceland’s third-largest bank, Arni Tomasson faced a crisis: The firm he had been asked by regulators to run was out of cash. It was Oct. 8, 2008, at the height of the global financial meltdown, and Iceland's bank assets in the U.K. had been frozen, Bloomberg Markets magazine reports in its March issue. Customers flocked to branches of Tomasson's Glitnir Banki hf to withdraw money, even though the government had guaranteed their deposits. By the end of the day, the vaults were empty, says Tomasson, recalling the drama two years later. The only way Glitnir and other lenders could avoid a panic the next morning was to get more cash, which they were having trouble doing. A container of crisp kronur sat on the tarmac at Reykjavik's airport awaiting payment, Tomasson says. The British company that printed the bills, De La Rue Plc, was demanding sterling, and the central bank couldn't access its U.K. account. "Everybody was panicked -- depositors, creditors, banks around the world," Tomasson says. "The effort by all of us at the time was to make sure life could go on as normal."
(Bloomberg)
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posted: 2/19/11                   0       4
#11 
keywords: Abbas Qasim, Adriaan Van Der Knaap, Arni Pall Arnason, Arni Tomasson, Atlantic Ocean, Birna Einarsdottir, Burlington Loan Management, Columbia University, David Oddsson, De LA Rue Plc, Dekabank Deutsche Girozentrale, Denmark, European Union, Exista, Federal Reserve, Financial Crisis, Geir H Haarde, Germany, Glitnir Banki, Gunnar Andersen, Heidar Asberg Atlason, Hoskuldur Olafsson, Iceland, Icelandic Financial Supervisory Authority, Icelandic Parliament, Internet, Ireland, Islandsbanki, Johanna Sigurdardottir, Joseph Stiglitz, Kaupthing, Krona, Logos Legal Services, London, Magnus Arni Skulason, Moody's Investors Service, Morgunbladid, Netherlands, New York, Norway, R20 Ltd, Reykjavik, Robert Tchenguiz, Royal Bank Of Scotland, Scotland Group Plc, Social Democratic Alliance, Stefan Stefansson, Sweden, Ubs, United Kingdom, United States Add New Keyword To Link



1/17/2011 Strange Claim: The Sun Rose 2 Days Early in Greenland
Residents of a town on the western coast of Greenland may have seen the sun peek over the horizon 48 hours earlier than its usual arrival on Jan. 13, sparking speculation, and disagreements, over possible causes. The town of Ilulissat sits just above the Arctic Circle, meaning its residents had been without any sunlight for a good chunk of the winter, and traditionally they'd expect to see their "first sunrise" on Jan. 13. News that the sun had peeked over the horizon on Jan. 11 appeared online in British and German-language publications and it appears to trace back to a story by the Greenland broadcasting company KNR that quotes residents who noticed the change. [Image Gallery: Sunrises and Sunsets] Of about half a dozen scientists contacted, most were unaware of the report, which was circulating on the Internet. They offered a number of hypothetical explanations, including an illusion caused by an atmospheric effect and conflicting opinions about whether global warming might be to blame for melting along the edges of Greenland's ice sheet. With less ice, Greenland's elevation may take a dip such that the sun would have less distance to travel before appearing over the horizon.
(Live Science)
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posted: 5/15/11                   0       0
#12 



12/8/2010 Julian Assange: Don't shoot messenger for revealing uncomfortable truths -- WIKILEAKS deserves protection, not threats and attacks.
IN 1958 a young Rupert Murdoch, then owner and editor of Adelaide's The News, wrote: "In the race between secrecy and truth, it seems inevitable that truth will always win." His observation perhaps reflected his father Keith Murdoch's expose that Australian troops were being needlessly sacrificed by incompetent British commanders on the shores of Gallipoli. The British tried to shut him up but Keith Murdoch would not be silenced and his efforts led to the termination of the disastrous Gallipoli campaign. Nearly a century later, WikiLeaks is also fearlessly publishing facts that need to be made public. I grew up in a Queensland country town where people spoke their minds bluntly. They distrusted big government as something that could be corrupted if not watched carefully. The dark days of corruption in the Queensland government before the Fitzgerald inquiry are testimony to what happens when the politicians gag the media from reporting the truth.
(The Australian)
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posted: 12/7/10                   0       13
#13 



11/18/2010 IPCC Official: "Climate Policy Is Redistributing The World's Wealth"
Climate policy has almost nothing to do anymore with environmental protection, says the German economist and IPCC official Ottmar Edenhofer. The next world climate summit in Cancun is actually an economy summit during which the distribution of the world's resources will be negotiated.

Interview: Bernard Potter NZZ am Sonntag: Mr. Edenhofer, everybody concerned with climate protection demands emissions reductions. You now speak of "dangerous emissions reduction." What do you mean? Ottmar Edenhofer: So far economic growth has gone hand in hand with the growth of greenhouse gas emissions. One percent growth means one percent more emissions. The historic memory of mankind remembers: In order to get rich one has to burn coal, oil or gas. And therefore, the emerging economies fear CO2 emission limits. But everybody should take part in climate protection, otherwise it does not work. That is so easy to say. But particularly the industrialized countries have a system that relies almost exclusively on fossil fuels. There is no historical precedent and no region in the world that has decoupled its economic growth from emissions. Thus, you cannot expect that India or China will regard CO2 emissions reduction as a great idea. And it gets worse: We are in the midst of a renaissance of coal, because oil and gas (sic) have become more expensive, but coal has not. The emerging markets are building their cities and power plants for the next 70 years, as if there would be permanently no high CO 2 price. The new thing about your proposal for a Global Deal is the stress on the importance of development policy for climate policy. Until now, many think of aid when they hear development policies. That will change immediately if global emission rights are distributed. If this happens, on a per capita basis, then Africa will be the big winner, and huge amounts of money will flow there. This will have enormous implications for development policy. And it will raise the question if these countries can deal responsibly with so much money at all. That does not sound anymore like the climate policy that we know.

Ottmar Edenhofer was appointed as joint chair of Working Group 3 at the Twenty-Ninth Session of the Intergovernmental Panel on Climate Change (IPCC) in Geneva, Switzerland. The deputy director and chief economist of the Potsdam Institute for Climate Impact Research (PIK) and Professor of the Economics of Climate Change at the Berlin Institute of Technology will be co-chairing the Working Group “Mitigation of Climate Change” with Ramón Pichs Madruga from Cuba and Youba Sokona from Mali.
(Global Warming Policy Foundation)
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posted: 11/26/10                   0       15
#14 



11/2/2010 Yemen Brings Terror Charges Against US-Born Radical Cleric Al-Awlaki
Yemen, under intense U.S. pressure to crack down on al-Qaida, put an American-born radical cleric on trial in absentia Tuesday on charges of plotting to kill foreigners and being a member of the terrorist group. It was Yemen's first formal legal action against Anwar al-Awlaki and the court brought the same charges against two other men. Yemen has come under heavy U.S. pressure to crack down on al-Qaida militants following the interception of two mail bombs in Dubai and Britain last week. The U.S. suspects Al-Qaida in the Arabian Peninsula, an offshoot of Osama bin Laden's network, was behind the plot. Al-Awlaki, 39, was born in New Mexico and is based in Yemen. U.S. investigators say e-mails link him to the Army psychiatrist accused of last year's shooting spree at the Fort Hood, Texas military base that killed 13 people. They also allege he helped prepare Nigerian Umar Farouk Abdulmutallab for the attempt to bomb an airliner over Detroit last Christmas and they link him to the failed bombing in New York City's Times Square in May.
(FOX)
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posted: 4/18/11                   0       0
#15 



10/3/2010 Travel alert issued for U.S. citizens in Europe
The U.S. State Department has issued a travel alert for U.S. citizens in Europe, based on information that suggests that al Qaeda and affiliated organizations continue to plan terrorist attacks. Americans are warned to be aware of their surroundings and protect themselves when traveling, especially when they are in public places like tourist sites, airports or when they are using public transportation. The alert does not warn U.S. citizens against travel to Europe. Britain's Home Office has not raised its threat level. A statement released Sunday confirms that British authorities are keeping their threat level at "'severe," which means than an attack is highly likely. But, the UK's Foreign and Commonwealth Office (FCO) has changed its travel advisory for British citizens in France and Germany from a "substantial" threat of terrorism to a "high" threat. The FCO said it does not comment on intelligence matters and thus can't specify whether the change is related to the U.S. travel alert.
(CNN)
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posted: 10/3/10                   0       23
#16 
keywords: Airports, Al-qaeda, Berlin, European Union, Germany, India, Italy, Military, Mumbai, Oberoi-trident, Spain, Taj Mahal Palace, Terrorists, UK Foreign And Commonwealth Office, UK Home Office, US Department Of State, United Kingdom, United States, Victoria Terminus Add New Keyword To Link



9/29/2010 Beware of Governments Trumpeting Terror Threats
Fans of the movie Men in Black will be smirking quietly at the European terror plot story currently circulating. According to reports attributed to security forces, al Qaeda affiliated groups have been planning Mumbai-style commando attacks in western Europe

and only strikes using unmanned U.S. drones in the lawless tribal areas of Pakistan have derailed those attacks by targeting the terror cells which have been planning them. The Mumbai attacks, organized by a terror group in Pakistan, killed more than 170 people in 2008.
(CBS)
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posted: 10/5/10                   0       12
#17 



9/29/2010 One in 28 US kids has a parent in prison: study
The US's exceptionally high rate of incarceration is causing economic damage not only to the people behind bars but to their children and taxpayers as a whole, a new study finds. The study (PDF) from the Pew Research Center's Economic Mobility Project, released Tuesday, reports that the US prison population has more than quadrupled since 1980, from 500,000 to 2.3 million, making the US's incarceration rate the highest in the world, beating former champions like Russia and South Africa. This means more than one in 100 Americans is in prison, and the cost of prisons to states now exceeds $50 billion per year, or one in every 15 state dollars spent -- a figure the study describes as "staggering." According to the authors, one in every 28 children in the US has a parent behind bars -- up from one in 125 just 25 years ago. This is significant, the study argues, because children of incarcerated parents are much likelier to struggle in life. A family with an incarcerated parent on average earns 22 percent less the year after the incarceration than it did the year before, the study finds. And children with parents in prison are significantly likelier to be expelled from school than others; 23 percent of students with jailed parents are expelled, compared to 4 percent for the general population.
(The Raw Story)
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posted: 10/3/10                   0       13
#18 



9/27/2010 Stuxnet worm rampaging through Iran: IT official
The Stuxnet worm is mutating and wreaking further havoc on computerised industrial equipment in Iran where about 30,000 IP addresses have already been infected, IRNA news agency reported on Monday. "The attack is still ongoing and new versions of this virus are spreading," Hamid Alipour, deputy head of Iran's Information Technology Company, was quoted as saying by IRNA, Iran's official news agency. Stuxnet, which was publicly identified in June, was tailored for Siemens supervisory control and data acquisition, or SCADA, systems commonly used to manage water supplies, oil rigs, power plants and other industrial facilities.
(Agence France-Presse)
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posted: 9/27/10                   0       10
#19 



9/26/2010 Chertoff Group: Israel Cyber-Attacks Iranian Nuke Plant With Stuxnet Computer Virus
Richard Falkenrath, a principal at Chertoff Group and a Bloomberg Television contributing editor, discusses the Stuxnet computer virus. The worm targets Siemens AG software used to control industrial equipment and may be aimed at destroying Iran's controversial nuclear facility, according to Ralph Langner, a German industrial controls safety expert, the Financial Times reported. Falkenrath, speaking from Washington, talks with Deirdre Bolton on Bloomberg Television's "InsideTrack."
(Bloomberg)
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posted: 9/27/10      
            
0       12
#20 



9/26/2010 Security experts: Computer attacks linked to wealthy group or nation
A powerful computer code attacking industrial facilities around the world, but mainly in Iran, probably was created by experts working for a country or a well-funded private group, according to an analysis by a leading computer security company. The malicious code, called Stuxnet, was designed to go after several "high-value targets," said Liam O Murchu, manager of security response operations at Symantec Corp. But both O Murchu and U.S. government experts say there's no proof it was developed to target nuclear plants in Iran, despite recent speculation from some researchers.

US officials said last month that the Stuxnet was the first malicious computer code specifically created to take over systems that control the inner workings of industrial plants. A number of governments with sophisticated computer skills would have the ability to create such a code. They include China, Russia, Israel, Britain, Germany and the United States. But O Murchu said no clues have been found within the code to point to a country of origin.

Symantec's analysis of the code, O Murchu said, shows that nearly 60 percent of the computers infected with Stuxnet are in Iran. An additional 18 percent are in Indonesia. Less than 2 percent are in the U.S. The malware has infected as many as 45,000 computer systems around the world. Siemens AG, the company that designed the system targeted by the worm, said it has infected 15 of the industrial control plants it was apparently intended to infiltrate. It's not clear what sites were infected, but they could include water filtration, oil delivery, electrical and nuclear plants. None of those infections has adversely affected the industrial systems, according to Siemens.
(Associated Press)
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posted: 9/27/10                   0       11
#21 



9/24/2010 Military-Grade Malware Spurs Theories on New Cyberwar Threat
Cybersecurity officials have discovered a widely disseminated piece of malicious software called Stuxnet, which they say establishes a new precedent in the sophistication and threat of cyberwarfare. It's unclear exactly what Stuxnet was designed to do, but officials say the software had embedded itself across computer systems at a number of power facilities and factories over the past year. It appeared to have the ability, if activated, to briefly wrest control of industrial components away from human operators. Analysts say it's possible this could destroy the targeted facility by causing explosions and fires. Wired's Kim Zetter explores the technical analysis and processes in-depth. It's unknown who created it, to what end, and what exactly Stuxnet would have done if it had not been discovered. But here's what we know and the implications.
(The Atlantic)
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posted: 10/4/10                   0       6
#22 



9/19/2010 'Stasi spies' on the motorways: Big Brother fears as motorists are urged to inform on each other
Police are asking motorists to spy on each other for examples of poor driving in an alarming new extension of the 'Big Brother' state. Drivers are told to be on the look out for inconsiderate driving or anybody making 'excessive noise' with their car. Detailed reports

which critics warn could easily be malicious accusations against neighbours

are submitted to the police, who log extensive details on a huge computer database. The details are also checked against DVLA databases and the Police National Computer.
(UK Daily Mail)
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posted: 9/21/10                   0       5
#23 
keywords: Big Brother Watch, Database, Dylan Sharpe, Germany, Police, Privacy, Sussex, UK Freedom Of Information Act, UK Police National Computer, United Kingdom Add New Keyword To Link



9/5/2010 No defence left against double-dip recession, says Nouriel Roubini
The United States, Japan and large parts of Europe have exhausted their policy arsenal, leaving them defenceless against a double-dip recession as recovery slows to ‘stall speed’.

“The US has run out of bullets,” said Nouriel Roubini, professor at New York University, and one of a caste of luminaries with grim forecasts at the annual Ambrosetti conference on Lake Como. “More quantitative easing (bond purchases) by the Federal Reserve is not going to make any difference. Treasury yields are already down to 2.5pc yet credit spreads are widening again. Monetary policy can boost liquidity but it can’t deal with solvency problems,” he told Europe’s policy elite. Dr Roubini said the US growth rate was likely to fall below 1pc in the second half of the year, despite the biggest stimulus in history: a cut in interest rates from 5pc to zero, a budget deficit of 10pc of GDP, and $3 trillion to shore up the financial system. The anaemic pace compares with rates of 4pc-6pc at this stage of recovery in normal post-war recoveries. “We have reached stall speed. Any shock at this point can tip you back into recession. With interbank spreads rising, you can get a vicious circle like 2008-2009,” he said, describing a self-feeding process as the real economy and the credit system hurt each other. “There is a 40pc chance of double-dip recession in the US, and worse in Japan. Even if it is not technically a recession it will feel like it,” he added.
(London Telegraph)
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posted: 10/6/10                   0       3
#24 



8/31/2010 Worries about US data on Iraqis: Privacy advocates, those scanned fear misuse if files shared
Over the past seven years, US soldiers in Iraq have used sweeping wartime powers to collect fingerprints, iris scans, and even DNA from ordinary people and suspected insurgents, an effort that has helped the Pentagon amass one of the world’s most comprehensive databases of biometric information collected during a war. As the war draws down, however, the collection of so much personal information has raised questions about how data gathered during wartime should be used during times of peace, and with whom that information should be shared.

Nearly 7 percent of Iraq’s 29 million people are cataloged — their names, facial scans, and often other details about them, such as whether they were considered a friend or foe. Now, US officials are debating about how much of the powerful data should be shared with Iraq and how much Iraq’s own troubled security forces should be encouraged to continue collecting information. Some Iraqis fear that the transfer of data to their government could create a “hit list’’ of Iraqis who worked with the US military or a tool for settling ethnic or sectarian scores. “Those people, they trusted the US government and worked with them,’’ said Naseer Nouri, 52, who helps run an organization to assist Iraqi refugees in adjusting to life in the United States.

Today, the Pentagon’s database, which is kept separate from the FBI files, contains information on some 4 million people from around the world, about 40 percent of whom are Iraqis. Officials would not divulge from where the rest of the information was gathered. US forces started collecting fingerprints in Iraq during the 2003 invasion, as part of interrogations of agents of Saddam Hussein’s regime. The US military also helped computerize Iraq’s fingerprint files from Hussein’s era. US soldiers reportedly collected fingerprints and DNA samples from 80,000 detainees in their custody. (It is not clear how those samples have been used.)
(Boston Globe)
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posted: 10/6/10                   0       3
#25 



7/26/2010 NYT defends publishing leaked military records
The White House condemned Sunday night's leak of more than 90,000 secret military records covering the Afghanistan War by WikiLeaks, an organization that posts secret documents online. National Security Adviser Jim Jones, in a statement, said “the United States strongly condemns the disclosure of classified information by individuals and organizations which could put the lives of Americans and our partners at risk, and threaten our national security.”

Baquet, along with reporters Mark Mazzetti and Eric Schmitt, went to the White House last week to discuss what they planned on publishing. (Politico’s Glenn Thrush first reported on aspects of the meeting, but did not speak with Baquet.) “I did in fact go the White House and lay out for them what we had,” Baquet said. “We did it to give them the opportunity to comment and react. They did. They also praised us for the way we handled it, for giving them a chance to discuss it, and for handling the information with care. And for being responsible.” Jones said that WikiLeaks, unlike the Times, did not contact the U.S. government first. That's not too surprising, given the recent friction between WikiLeaks and the military. In April, WikiLeaks posted a classified video of a U.S. attack in Baghdad that killed several civilians and Reuters employees.
(Yahoo)
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posted: 7/27/10                   0       8
#26 



7/22/2010 Virus Attacks Siemens Plant-Control Systems
Computer hackers have designed a virus that targets industrial control systems built by German engineering giant Siemens AG, activating a kind of malicious software that analysts say represents a growing corporate-espionage threat. The virus, dubbed Stuxnet, is spread by devices plugged into USB computer ports. It is programmed to try to steal data from computer systems that are used to monitor large automated plants built for anything from manufacturing to power generation to water treatment. Siemens is one of the world’s largest makers of such industrial automated systems, though it doesn’t break out its annual revenue from such sales.
(Wall Street Journal)
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posted: 9/27/10                   0       2
#27 
keywords: Computer Virus, Cybersecurity, Eset, Germany, Nuclear Power Plants, Pierre-marc Bureau, Siemens, Stuxnet, Supervisory Control And Data Acquisition, United States Add New Keyword To Link



7/21/2010 Making the economy more just
by Katrina vanden Heuvel

Congress has passed the Wall Street Reform and Consumer Protection Act, but the task of transforming our economy into one of shared and sustainable prosperity has only just begun. Structural reform will come not through the sweep of a single piece of legislation but with new, innovative economic models that better reflect the democratic values of this country. The good news is that some of these transformative ideas are already taking root. Here are five ways to build a more just economy that Americans are experimenting with across the country. The answer is 'B' Corporations are compelled to pursue a single objective: maximize profit. In fact, a company can be sued for following goals that veer from that statutory obligation. That's why Maryland State Sen. Jamie Raskin sponsored the Benefit Corporation legislation that was signed into law this spring. It gives businesses the option to register as a "B corporation," an entity legally obligated to maximize both shareholder value and advance a common public purpose such as cleaner air, open space or affordable housing. The B corporation's stated public goal is vigorously monitored by independent, third-party groups. It's a new business model with social consciousness in its DNA. B corporation legislation has also been passed in Vermont, and it is being considered in New York, Pennsylvania, New Jersey, Oregon, Washington and Colorado.
(Washington Post)
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posted: 9/27/10                   0       0
#28 



6/22/2010 Connecticut heads up Google Wi-Fi probe
Earlier on Monday French government officials announced that a review of data collected there revealed that e-mail addresses and passwords were recorded by Google, although as Search Engine Land's Danny Sullivan points out, the nature of Google's collection means that anything sent over an unsecured wireless connection could have been collected. Google has argued that the data that was collected was "fragmented" because Street View cars were moving and the equipment used to record data was changing wireless channels several times a second. It has also said that it collected data inadvertently, and the company's intent will be a key part of the legal battle between Google, the state investigations, and a series of lawsuits.
(CNN)
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posted: 6/22/10                   0       21
#29 
keywords: Chris Dodd, Connecticut, Danny Sullivan, France, Germany, Google, Internet, Privacy, Richard Blumenthal, Search Engine Land, United States Add New Keyword To Link



6/14/2010 Data Show Big Exposure for Banks in Euro Zone
French and German banks continued to hold the greatest exposure to euro-zone countries facing market pressures at the end of last year, underscoring their interest in restoring investor confidence in the region.

Data released Sunday by the Bank for International Settlements showed that banks based in the 16 countries that use the euro accounted for $1.58 trillion, or 62%, of all internationally active banks' exposures to residents of Greece, Ireland, Portugal and Spain.

That included $727 billion of exposure to Spain, $402 billion to Ireland, $244 billion to Portugal and $206 billion to Greece, with about half of the Greek ...
(Wall Street Journal)
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posted: 6/22/10                   0       13
#30 



6/4/2010 Bilderberg 2010: Why the protesters are your very best friends
The people who are being detained, searched and questioned are not playing some game. They are deadly serious, and they are worried to death

The head of the IMF (and Bilderberger), Dominique Strauss-Kahn, looks at the world and declares: "Crisis is an opportunity." He sees the precarious global economy and floats the idea for "a new global currency issued by a global central bank".
(London Guardian)
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posted: 6/7/10                   0       24
#31 



5/31/2010 German president resigns after remarks about military, creating new headache for Merkel
German president quits over military remarks

That was taken by many as relating to Germany's unpopular mission in Afghanistan, although his office later said that he was referring to anti-piracy patrols off the coast of Somalia. Germans are often uneasy about deployments abroad, given the country's militaristic past, and the mission in Afghanistan makes many particularly uncomfortable.
(Associated Press)
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posted: 5/31/10                   0       19
#32 
keywords: Afghanistan, Angela Merkel, Financial Crisis, German Constitution, Germany, Horst Koehler, International Monetary Fund, Jens Boehrnsen, Military, Somalia, World Cup Add New Keyword To Link



5/30/2010 Greece urged to give up euro
THE Greek government has been advised by British economists to leave the euro and default on its €300 billion (£255 billion) debt to save its economy. The Centre for Economics and Business Research (CEBR), a London-based consultancy, has warned Greek ministers they will be unable to escape their debt trap without devaluing their own currency to boost exports. The only way this can happen is if Greece returns to its own currency.
(London Times)
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posted: 6/1/10                   0       20
#33 
keywords: Athens, Centre For Economics And Business Research, Doug Mcwilliams, Euro, European Union, Financial Crisis, France, Germany, Greece, Italy, Portugal, Spain Add New Keyword To Link



5/28/2010 Bill Gates funds covert vaccine nanotechnology
These nanoparticles could be used in a spray mist that's sprayed on to every person who walks through an airport security checkpoint, for example. Or it could be unleashed through the ventilation systems of corporate office buildings or public schools to vaccinate the masses. You wouldn't even know you were being vaccinated.
(Natural Nwes)
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posted: 6/7/10                   0       12
#34 
keywords: Bill And Melinda Gates Foundation, Bill Gates, Carlos Alberto Guzman, Claus-michael Lehr, DNA, Fluoride, Food And Drug Administration, Germany, Helmholtz Centre For Infection Research, Helmholtz-institute For Pharmaceutical Research, Nanotechnology, Steffi Hansen, United States, Vaccines Add New Keyword To Link



5/28/2010 Geithner tells Europe to emulate China on growth
US Treasury Secretary Timothy Geithner said Thursday Europe should follow China's lead and boost growth since US consumers can no longer support the global economy alone.
(Agence France-Presse)
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posted: 6/1/10                   0       17
#35 



5/27/2010 Is Europe heading for a meltdown?
This financial crisis is worse than the sub-prime crash of 2008 because the sums are so much bigger and it is governments that are in dire straits. Edmund Conway explains the dangers.
(London Telegraph)
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posted: 5/27/10                   0       18
#36 



5/24/2010 Watchdog group wants federal investigation of Google Street View flap
A prominent civil liberties watchdog has added its voice to those calling for a federal investigation of Google following the company's recent admission of privacy violations related to its "Street View" product. The nonprofit Electronic Privacy Information Center (EPIC) sent a letter to Federal Communications Commission chairman Julius Genachowski last week requesting an investigation of privacy issues arising from "Street View," which provides "360 degree street level imagery" of U.S. cities. "The company routinely and secretly downloaded user communications data and the company routinely and secretly mapped private communication hotspots. Moreover, they said not a word about the Wi-Fi data collection during the three-year privacy debate over Street View," wrote Marc Rotenberg, executive director of EPIC. "This is why the FCC must undertake an investigation."
(The Hill)
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posted: 10/5/10                   0       1
#37 



5/15/2010 CFR Meeting: Zbigniew Brzezinski Fears Global Political Awakening
"For the first time in all of human history, mankind is politically awakened. That's a total new reality. Total new reality. It has not been so for most of human history, until the last 100 years. And in the course of the last 100 years, the whole world has become politically awakened. And no matter where you go, politics is a matter of social engagement and most people know what is generally going on -- GENERALLY going on -- in the world, and are consciously aware of inequities, inequalities, lack of respect, exploitation."
(Council on Foreign Relations)
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posted: 3/10/11      
            
0       2
#38 



5/8/2010 An Updated List of Goldman Sachs Ties to the Obama Government Including Elena Kagan
From 2005 to 2008, according to USA Today and other sources, Kagan served as a member of the Research Advisory Council of the Goldman Sachs Global Markets Institute.
(Fire Dog Lake)
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posted: 5/23/10                   0       21
#39 



4/27/2010 German scientists suggest per-person carbon emission quotas
The Potsdam Institute for Research on Climate Effects said everyone on the globe should be allowed 5 tons of carbon per year. That is just one quarter of the average per-person emissions for a US citizen, but still far above emissions in poor nations. The government-funded institute said the current arrangement, in which some nations have made voluntary commitments to cut emissions, would not work. The institute says the world needs an effective way to hold global warming to no more than 2 degrees.
(DPA)
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posted: 5/29/10                   0       13
#40 
keywords: Carbon Dioxide, Climate Change, Germany, Hans Joachim Schellnhuber, Potsdam Institute For Research On Climate Effects, United States Add New Keyword To Link



4/26/2010 Global Governance Today
Jean-Claude Trichet, President, European Central Bank, New York

It was an unexpected crisis -- largely unexpected in its dimension and in its global nature -- even if it was clear that a number of academics; a number of central banks, I have to say; and also, a number of at his own institution very, very clearly -- the BIS -- had signaled that we were living in a world of general under appreciation of risks in the financial markets. And I have to say I was, myself, on record for having said that quite a time before the first turbulences erupted. But that being said, what we have observed is really something which was very big -- bigger than was expected. And with a number of features that were really also unique.

“A set of rules, institutions, informal groupings and cooperation mechanisms that we call “global governance”.
(Council on Foreign Relations)
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posted: 5/2/10       0       19
#41 
  Source Removed! InfoWarDocs Backup: http://AltBib.Com/bak/dox/4606.html



4/25/2010 US prepares to push for global capital rules
The G20 communiqué on Friday said: “We recommitted to developing by end-2010 internationally agreed rules to improve both the quantity and quality of bank capital and to discourage excessive leverage.”
(Financial Times)
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posted: 5/13/10                   0       18
#42 



4/22/2010 Facebook steps up lobbying, deepens ties with intelligence agencies, FTC
Facebook spent $41,390 on lobbying in the first quarter of 2010. That’s on top of the $207,878 it spent last year — the first year Facebook began releasing such disclosures. Although these numbers are tiny compared to the $4.3 million Google spent on lobbying last year, expect them to grow with the company’s influence and ambitions.

What’s interesting about Facebook’s lobbying in D.C. is what it spends money on despite its small size. It was the only consumer Internet company out of Google, Amazon, eBay, Microsoft, Yahoo and Apple to reach out to intelligence agencies last year, according to lobbying disclosure forms. It has lobbied the Office of the Director of National Intelligence — an umbrella office founded in the wake of Sept. 11 that synthesizes intelligence from 17 agencies including the CIA and advises the President — for the last three quarters on privacy and federal cyber-security policy. It has reached out to the Defense Intelligence Agency too.
(Social Beat)
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posted: 5/29/10                   0       13
#43 



4/12/2010 Chomsky Warns of Risk of Fascism in America
Noam Chomsky, the leading leftwing intellectual, warned last week that fascism may be coming to the United States. “I’m just old enough to have heard a number of Hitler’s speeches on the radio,” he said, “and I have a memory of the texture and the tone of the cheering mobs, and I have the dread sense of the dark clouds of fascism gathering” here at home. Chomsky was speaking to more than 1,000 people at the Orpheum Theatre in Madison, Wisconsin, where he received the University of Wisconsin’s A.E. Havens Center’s award for lifetime contribution to critical scholarship.
(The Progressive)
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posted: 11/26/10                   0       2
#44 



3/29/2010 James Lovelock on the value of sceptics and why Copenhagen was doomed
The great climate science centres around the world are more than well aware how weak their science is. If you talk to them privately they're scared stiff of the fact that they don't really know what the clouds and the aerosols are doing. They could be absolutely running the show. We haven't got the physics worked out yet.

The UN was a lovely idea, but its primary objective was to make sure the British Empire was got rid of. You just can't get all those people to agree.

I have a feeling that climate change may be an issue as severe as a war. It may be necessary to put democracy on hold for a while.
(London Guardian)
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posted: 5/29/10                   0       11
#45 



3/4/2010 Bill Gates talks about ‘vaccines to reduce population’
Gates made his remarks to the invitation-only Long Beach, California TED2010 Conference, in a speech titled, “Innovating to Zero!.” Along with the scientifically absurd proposition of reducing manmade CO2 emissions worldwide to zero by 2050, approximately four and a half minutes into the talk, Gates declares, "First we got population. The world today has 6.8 billion people. That's headed up to about 9 billion. Now if we do a really great job on new vaccines, health care, reproductive health services, we lower that by perhaps 10 or 15 percent." (author’s emphasis).

In plain English, one of the most powerful men in the world states clearly that he expects vaccines to be used to reduce population growth. When Bill Gates speaks about vaccines, he speaks with authority. In January 2010 at the elite Davos World Economic Forum, Gates announced his foundation would give $10 billion (circa €7.5 billion) over the next decade to develop and deliver new vaccines to children in the developing world.
(Financial Sense)
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posted: 6/7/10                   0       8
#46 



2/25/2010 Spy cameras won't make us safer
The important question isn't whether cameras solve past crime or deter future crime; it's whether they're a good use of resources.
(CNN)
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posted: 3/2/10                   0       15
#47 



2/7/2010 How Well Do Scientists Understand How Changes in Earth's Orbit Affect Long-Term Natural Climate Trends?
The researchers found that the current interglacial has indeed lasted some 2.0-2.5 millennia longer than predicted by the currently dominant theory for the way in which orbital changes control the ice-age cycles.
(Science Daily)
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posted: 2/18/10                   0       4
#48 
keywords: Carbon Dioxide, Climate Change, Eelco Rohling, German Science Foundation, Germany, National Oceanography Centre, UK Natural Environment Council, United Kingdom, Universities Of Bristol, Universities Of Tuebingen, University Of Southampton Add New Keyword To Link



1/24/2010 Full-body scanner blind to bomb parts
Todger, yes. Combustibles, no

By way of Americablog comes a video of a man easily concealing the makings of high-temperature combustibles in a manner that evaded a full-body scanner. As the blogger writes: "Even if you don't understand German, it's easy enough to follow how this physicist beat the system."
(The Register)
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posted: 1/26/10                   0       13
#49 



1/15/2010 UPDATE 1-Glaxo shipped $1.4 bln of H1N1 vaccine in Q4
130 mln doses shipped Q4 vs reported 440 mln orders in Oct * "Too early to say" what final total will be * Shares down 2 percent

GlaxoSmithKline (GSK.L) shipped swine flu vaccine worth 835 million pounds ($1.36 billion) to governments in the last quarter of 2009 but the drugmaker said on Friday it was too early to say what the final total would be. The quarterly total is less than the 1 billion pounds or so that many analysts had been forecasting. The British company, which is the biggest supplier of H1N1 vaccines, has been hit in recent weeks by a series of order cancellations following slow uptake of the shots. Belgium became the latest country to cut its order, cancelling a third of the supply originally booked from Glaxo earlier on Friday, in line with a similar reduction by Germany.
(Reuters)
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posted: 9/21/10                   0       1
#50 




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