Friday, October 26, 2007

GAO finds terrorist watch list may target too many people; St. Bernard breed may prove Darwin's evolution; oil over $92/barrel...

26 October :: Report from Government Accountability Office (GAO) finds terrorist watch list may be targetting too many people to be effective, including 755,000 names as of May 2007, 860,000 at present; critics of the list say it threatens civil liberties, contravenes Constitutional protections; Sen. Lieberman has expressed concern about its "500 percent increase in three years", Justice Dept. inspector-general's report questions quality of data used... Scientists say study of St. Bernard skulls over 120 year period show selection in dog breeding demonstrates Darwin's theory of evolution; in case of dog breeds, human selection accelerates the process of natural selection, which would likely take longer to show evidence... US announces stiffest sanctions regime against Iran in nearly 3 decades, targeting three state banks, declaring elite Revolutionary Guard "proliferators of weapons of mass destruction" for efforts to enrich uranium, making it a crime for any US citizen to do business with any of the cited entities; Russia has already denounced the new sanctions, some fear move could be provocation, further escalate tensions; US sec. of State Condoleezza Rice said in announcing the sanctions that the US is still fully committed to a diplomatic solution... Financial firm Merrill Lynch has added $2.9 billion to its already massive write-down of losses, now totalling $7.9 billion for this quarter; the firm's revenues fell 94% against this time last year, and spokesman says firm still faces some exposure from sub-prime related accounts... Oil hits record high $92.22 in trading Friday, as falling dollar, mounting violence in Iraq, tension between Turkey, Kurds, dwindling US supplies, Iran sanctions provoke fears of further scarcity; OPEC says it has no plans to increase production at next meeting...

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