Saturday, November 17, 2007

Bank of England warns UK of economic slowdown; Pakistan detains another opposition leader, as student movement grows...

17 November :: Bank of England governor warns coming year will be hardest economically for Great Britain, with credit problems, banking tightness and housing slump contributing to general tightening of purse-strings, possible consumer slowedown as well; Bank gov. Mervyn King said it will be 2009 "before growth picks up and inflation is brought under control", according to the Guardian... IHT reporting from Lahore: "The opposition politician Imran Khan emerged from hiding Wednesday to the cheers of hundreds of students at a demonstration against General Pervez Musharraf at a university here, but he was quickly seized by hard-line students and turned over to the police, witnesses said"; Musharraf moves to contain virtually all aspects of opposition organization, leadership increasingly evident, US calls into question security rationale behind emergency rule... CSM, also reporting from Lahore: "What began last week as a protest against the arrests of academics at a university in Lahore has quickly spread across larger campuses, energizing new movements and inciting old student political groups from a near two-decade slumber. But when opposition leader Imran Khan, a perceived hero of the student movement, arrived Wednesday to address students in Lahore, members of a powerful and established Islamist student group quickly handed him over to police"... Google is offering $10 million in prize money for developers who produce the most effective software for its proposed open-platform mobile phone operating system; 'G-prize' for revolution in cellular software could herald new model of mass-market technology development... As Congress wrestles with question of telecom complicity in extralegal spying, Truthdig report revealing in terms of possible link between gov't backing of major telecom mergers, data-mining programs; report reveals that NSA in 2000, in efforts to gather new resources, maintain relevancy in post-Cold-War period, launched a "government-industry partnership for information technology infrastructure services"...

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