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"...

Kennedy to endorse Obama in wake of SC win; IMF warns fiscal crisis could spread, worsen; Kisumu, Kenya, ablaze amid riots...

28 January :: Sen. Edward Kennedy (D-MA) to announce support for candidacy of Sen. Barack Obama (D-IL); sources tell press Sen. Kennedy will make announcement alongside niece, Caroline Kennedy, youngest daughter of assassinated pres. John F. Kennedy, who wrote in Sunday NY TImes that Obama has the capacity to inspire people the way her father did 5 decades ago... Dominique Strauss-Kahn, managing director of the IMF, has warned that the current global fiscal crisis could deepen if more governments to not act to revamp their overall fiscal policy, infuse markets with capital and promote stimulus packages that could bring about fiscal deficits but would loosen the spending potential of consumers and investors; the move is being called an "about-face" for a director and an institution which have promoted fiscal rigor and budget cutting as ways to ensure economic agility; observers now say subprime mortgage crisis could spread to credit cards and other banking services, further tightening available capital, slowing markets across borders, industries... City of Kisumu, Kenya, burns as rioters take to streets in protest against mounting ethnically-driven killings in the region; Kenya has descended into an increasingly indiscernible pattern of tribal and political violence, since the disputed December elections in which opposition leaders allege the sitting government rigged the vote, used violence to suppress opposition, stay in power...

Touchscreen machines fail in 100% of one SC precinct in GOP primary; Clinton wins Nevada narrowly over Obama, Romney with clear GOP win...

20 January :: Electronic voting machines in Horry County, South Carolina, have reportedly failed in 100% of its precincts, creating the real possibility that South Carolina's Republican primary vote cannot be confirmed by any official means; with the machines used already known to be vulnerable to hacking and malfunction, "Late in the week poll workers picked up the iVotronic machines that they are using today. They took them home on voting machine "sleepovers" and then set up the poll sites for today's primary", reports Brad Friedman for the investigative blog BRADBLOG... John McCain declared winner of South Carolina Republican party primary, outpacing close challenger Mike Huckabee 33% to 30%, despite reports of serious problems in touchscreen voting machines, unknown numbers of voters "turned away" at polls... Hillary Clinton has been declared winner of the Nevada caucuses, with Barack Obama finishing second (50% and 45% support among caucus-goers, respectively), in the run for the Democratic nomination; Mitt Romney has reportedly taken 40% more than his nearest rivals, finishing with 55% to Paul and McCain's 13% support... The annual Davos Economic Forum has been overshadowed by concerns of growing international economic instability, and fallout from the subprime mortgage lending crisis that hit US banks in the summer of 2007; The Financial Times reports "Even Klaus Schwab, the founder of the Davos meetings, sounds downbeat: 'The discussions in Davos will certainly be very dominated by the economic challenges we have at the moment — the aftermath of the subprime crisis, the transfer of capital from energy-consuming to energy-producing countries, inflationary tendencies'"... A team of economists in Britain has suggested the EU should implement a broad-based carbon tax in order to spur market adaptation to renewable fuels, instead of setting specific targets for the use of biofuels and renewable energy; the report suggests that specific funding for a transition to the widespread use of biofuels would be "a form of state support for an environmentally and economically harmful activity designed to consolidate existing price support mechanisms for vested interest groups, most notably farmers"... MSNBC Hardball host Chris Matthews has apologized for "callous" remarks about Sen. Hillary Clinton (D-NY), in which he suggested she was elected in New York because her husband, fmr. pres. Bill Clinton, "messed around"; Matthews explained that his intention was to highlight that she performed well under pressure and gained respect in the public eye and among elected officials...

CIA operative says US, Pakistan agree on Bhutto killer, PPP skeptical, accused denies; UK property fund halts withdrawals amid panic...

18 January :: LA Times quotes unnamed CIA operative as saying US concurs with Pakistan on Bhutto killer; the official is quoted as saying "There are strong indications that Baitullah Mahsud was behind the Bhutto assassination", adding "There is certainly no reason to doubt that Mahsud was behind this", though Mahsud has publicly denied involvement, and political goals of Pakistani Islamists are not clear with regard to opposition groups seeking to depose Musharraf, as was Bhutto's case; Bhutto's Pakistan People's Party has expressed skepticism about the allegation, citing lack of investigation to date, according to LA Times "Party officials say that most, if not all, of the evidence in the case was destroyed by police and firefighters who hosed down the site within hours of the shooting and suicide attack, making it virtually impossible to gather evidence to help determine who else might have been involved"... One of the UK's wealthiest property investment funds was forced to shut its doors yesterday, as panic selloffs and withdrawals threatened its solvency; the Guardian reports "Scottish Equitable said yesterday that 129,000 small investors in its £2bn property fund will not be able to access their money for up to a year, although payments relating to regular income already being paid, retirements and death claims will not be affected"... Allegations emerge in Nevada of voter-intimidation efforts by Culinary Workers Union; no investigation as yet into allegations, which came from Clinton campaign, just hours after a judge ruled the Nevada Democratic party can host caucuses inside casinos and other such venues, where many workers are members of the CWU...

Saudi Arabia claims lashing, jailing of rape victim justified; Canada to review taser policy after deaths, comas, critical wounding of targets...

21 November :: Facing a storm of criticism from around the world, with US diplomats telling the press they are "astounded", the Saudi justice ministry has attempted to justify its plans to whip a rape victim and jail her; the Saudi regime claims the sentence of 200 lashes and 6 months in jail was imposed because she and her lawyer spoke to the press; human rights groups have said the manipulated process —in which the victim was stripped of legal representation— and the sentence are tantamount to complicity after the fact; Fawzeyah al-Oyouni, a founding member of the Saudi Association for the Defense of Women's Rights, has said all Saudi women are "fearing for our lives and the lives of our sisters and our daughters and every Saudi woman out there. We're afraid of going out in the streets"... Royal Canadian Mounted Police (RCMP) taser policy under independent review after man was killed at airport, others charge they were tasered while shackled or handcuffed; one war veteran says he was tasered while cuffed, in ambulance, and in hospital, suffering severe burns, he is suing RCMP; RCMP chief for British Columbia has said if evidence is presented of chronic technical risk, he would favor moratorium... Economists worry housing sale slowdown in US, UK property, consumer markets, affected by predatory lending, correction could lead to difficult year(s) economically in former boom markets... Scientist finds fossilized claw of ancient giant sea scorpion, estimated 8 feet in length; 400-million year-old Jaekelopterus Rhenaniae would qualify as largest 'bug' ever observed...