Tuesday, March 25, 2008

Pakistan PM frees detained judges; DoJ gives approval to XM, Sirius merger; Clinton calls for emergency actions to prevent foreclosures...

25 March :: Yousaf Raza Gillani, newly appointed Pakistan PM of coalition gov't frees judges deposed, detained under Musharraf's martial law decree; Gillani was once jailed by Musharraf over corruption allegations when he seized power... US Dept. of Justice yesterday announced approval merger of two satellite radio giants XM and Sirius, leading to potential absolute monopoly of satellite radio market... Sen. Hillary Clinton yesterday called for $30 billion for states to reduce incidence of foreclosures, also proposing a "high-level emergency working group" made up of former top finance and economic officials to tackle economic crisis; Barack Obama's campaign has countered that he has called for a "homeownership preservation summit", claiming that his panel would include more diverse economic interests and points of view; Clinton noted that "The Fed extended a $30 billion lifeline to prevent Bear Stearns from imploding,” adding that "Homeowners, on the other hand, have received next to no assistance. Well, let’s be clear — when families are losing their homes, that’s also a financial crisis"...

Monday, March 24, 2008

Australia plans increase in food aid, due to soaring prices; Bhutan becomes democracy; new Tibet protests reported in Qinghai province, China...

24 March :: Australia's gov't is contemplating increases in food aid to poor regions, nations, after study of soarng food prices, mounting scarcity; SMH reports "A steep two-year rise in global food prices, which in Australia has triggered the Federal Government's inquiry into grocery prices, has taken a heavy toll on poorer populations, particularly in East Timor and Indonesia. Surging fuel prices, drought, changing diets and the use of arable land for biofuels have pushed average food prices up almost 40 per cent in the past year. Wheat prices have risen 80 per cent rise"... Crisis Policy Forum (a Sentido.tv sister publication) is now hosting an open discussion forum on food security in Africa, in hopes of achieving innovative new solutions to the complex multi-regional problem... Small Himalayan nation Bhutan votes today for National Assembly, will complete transition from monarchy to democracy; VOA reports "The two main parties vying for seats are both led by men close to the king, and analysts say they are ideologically similar. Both party leaders have already served terms as prime minister, and one of them, Sangay Ngedup, is a member of the royal family", the young king leading campaign for democracy, will become head of state under new constitution... Tibetan exile community has reported new protests in Qinghai province in western China against Tibet crackdown; reports of demonstrations against Beijing's Tibet policy in Sichuan province include rumors of troops firing into crowds of civilians, in one case allegations of 23 dead... In rough press day for Republican presidential candidate, USA Today alleges more than one-third of lobbyists who have contributed to McCain's campaign have worked as telecom lobbyists during the last decade; his campaign denies he does favors for lobbyists or special interests, and Sen. McCain has sponsored legislation to limit the influence of lobbyists in crafting legislation; NY Times reports it may have been McCain aides who approached Democrats about switching parties in 2001 and about running with Kerry in 2004, McCain camp continues to deny he approached Dems... US economic data visits worrying extremes: avg. price for 1 gallon regular unleaded gasoline hits all-time record of $3.26, with some surveys saying nationwide avg. is $3.28 and rising; CNN also reports increasing numbers of middle-aged adults (40 to 55) making arrangements to move back in with parents in wake of layoffs, foreclosures or financial straits...

Sunday, March 23, 2008

4,000th US soldier killed in Iraq, 5 years into war; NASA scientist says administrations have tried to "control" release of scienctific data...

23 March :: US military has reported 4,000th soldier killed in Iraq conflict; BBC reports 4 US soldiers were killed by a roadside bomb in southern Baghdad, "In Baghdad, the heavily-fortified Green Zone suffered sustained mortar and rocket fire, which killed at least 15 civilians"... Dr. James Hansen, NASA's leading climate scientist, says both Republican and Democratic administrations have slowed the release of vital scientific findings, seeking to "control" science in line with political goals... US VP Dick Cheney has said the establishment of a Palestinian state is "long overdue", as some expect he will apply pressure to Israel to cease settlments in the West Bank; Financial Times reports "Dick Cheney, US vice-president, on Sunday met Mahmoud Abbas, the president of the Palestinian Authority, as part of his tour of the Middle East. He criticised Hamas for the rocket attacks launched from Gaza on Israeli cities, saying they posed a threat to peace talks"...

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