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News Headlines & Trends3.28.09 Lawsuit against AIG; 30 years jail for fund manager LOS ANGELES, March 28 - A lawsuit filed on behalf of shareholders of American International Group Inc. is demanding company executives return millions of dollars in bonuses, dividends and other perks. The lawsuit, which seeks class-action status, also seeks unspecified damages as well as the removal of AIG's top brass. It claims shareholders have lost $200 billion because of AIG's gross mismanagement and corporate waste over the past 8 years. Freedom Watch, a nonprofit organization that advocates for ethics in government, filed the lawsuit Thursday in US District Court in Los Angeles. Among the defendants named in the suit are former Chief Executive Officers Maurice Greenberg, Martin Sullivan and Robert Willumstad, as well as current CEO Edward Liddy. The suit also targets 10 AIG board members, including Liddy. AIG spokesman Joe Norton said Friday the company had no immediate comment. 3.28.09 Ruth Madoff took $2 million from London office before collapse NEW YORK, March 28 - Serious Fraud Office investigates UK arm of Madoff's business. Ruth Madoff, the wife of Wall Street swindler Bernard Madoff, received $2m (£1.4m) in payments from the family's London business less than a month before his arrest, further drawing her finances into criminal investigations on both sides of the Atlantic. The Serious Fraud Office in the UK yesterday characterized Madoff's London operation as "a cog in the giant washing machine," as it set out new details of how the former Nasdaq chairman ran his $65bn Ponzi scheme. The SFO and the FBI in New York are each investigating who else might have known about Mr. Madoff's illegal activities, which stretch back at least to the early 1990s. Mr. Madoff claims he acted alone, and his wife has not been charged with any wrongdoing. The $2m transfer to Mrs. Madoff personally in late November was revealed yesterday by the SFO's Madoff case manager, Glyn Powell, in an update on the investigation. [More>>independent.co.uk] 3.28.09 Vast spy system loots computers in 103 countries TORONTO, March 28 - A vast electronic spying operation has infiltrated computers and has stolen documents from hundreds of government and private offices around the world, including those of the Dalai Lama, Canadian researchers have concluded. In a report to be issued this weekend, the researchers said that the system was being controlled from computers based almost exclusively in China, but that they could not say conclusively that the Chinese government was involved. 3.28.09 35,000 turn out for wet G20 march March 28 - Around 35,000 protesters gathered in the rain in London today for a huge march for “jobs, justice and climate” in the first of a week of demonstrations ahead of the G20 summit. The Put People First march involved an alliance of 150 groups, including unions, charities, environmental campaigners and faith organizations. Campaigners are expected to target bankers and city financiers who they blame for the global recession. A massive security campaign was launched as the Metropolitan police warned of an "unprecedented" threat posed by the protests, but organizers stressed today's events would not turn violent. 3.28.09 British police identify 200 children as potential terrorists LONDON, March 28 - Two hundred schoolchildren in Britain, some as young as 13, have been identified as potential terrorists by a police scheme that aims to spot youngsters who are "vulnerable" to terrorism. The number was revealed to British daily by Sir Norman Bettison, the chief constable of West Yorkshire Police and Britain's most senior officer in charge of terror prevention. He said the "Channel project" had intervened in the cases of at least 200 children who were thought to be at risk of extremism, since it began 18 months ago. The number has leapt from 10 children identified by June 2008. 3.28.09 US accuses Pakistan of supporting Taliban, Qaeda WASHINGTON, March 28 - Pakistan's ISI has links to Taliban fighters: Petraeus. Senior United States military generals accused Pakistan's military intelligence agency late Friday of providing support to Taliban and al-Qaeda fighters across the country's western and eastern borders. US Navy Admiral Mike Mullen said Pakistan's Inter-Services Intelligence (ISI) had links to al-Qaeda and Taliban fighters on both its western border with Afghanistan and its eastern border with India. "There are certainly indications that's the case," Navy Adm. Mike Mullen told CNN when asked if elements of Pakistan's spy agency were backing the al-Qaeda network and its Taliban allies. Admiral Mullen, chairman of the US Joint Chiefs of Staff, and Army Gen. David Petraeus, head of US Central Command, said the agency must end such activities. [More>>alarabiya.net; See related stories, 3.28.09 US wants to engage Iran on Afghan drugs WASHINGTON (AFP) March 28 - The United States said Saturday it hoped to engage Iran on ways to stem the lucrative narcotics trade in Afghanistan at an international conference on the country next week. A day after the US envoy to Afghanistan and Pakistan Richard Holbrooke described Iran's decision to participate in the meeting in the Hague as a "step forward" another senior official outlined steps of possible common interest. Secretary of State Hillary Clinton “worked with the Dutch, the Dutch have invited Iran to join the meeting in the Hague on Tuesday,” said Denis McDonough, a deputy national security advisor to President Barack Obama. "Our hope is that she has an opportunity to constructively engage this issue." [More>>khaleejtimes.com] 3.28.09 Troops kill 12 militants in southern Afghanistan KABUL (AP) March 28 - Afghan and coalition troops killed 12 militants during a gunbattle that erupted during a raid on a compound in southern Afghanistan, the US military said Saturday. The troops encountered gunfire from in and around the compound as they approached late Friday in the Nahr Surk district of Helmand province, a US statement said. The troops returned fire and called in support to counter the threat from militants who were concealed in a line of trees and maneuvering in a field, it said. Some of the militants inside the compound tried to use women and children as shields during the battle, and calls by the troops for civilians to leave were not heeded, said the military. One child received a minor injury during the battle and was given immediate treatment by coalition troops, it said. [More>>washingtonpost.com] 3.28.09 US judge: Iran must pay $25 million for murder of IDF soldier (AP) March 28 - A US judge on Friday ordered Iran to pay $25 million plus interest to the family of Israeli soldier Nachshon Wachsman, who was kidnapped and executed by Hamas in 1994. Wachsman was a 19-year-old US citizen and Israeli army corporal when he was taken by four members of Hamas, designated a terrorist organization by the United States. His abduction damaged Israeli-Palestinian peace negotiations at the time, as he pleaded on videotape for his life. Wachsman's mother and six brothers filed the lawsuit in 2006 against Iran and its ministry of information and security, saying Tehran was responsible for the death because it provided training and support to Hamas. 3.28.09 27 killed in clashes in southern Philippines MANILA, March 28 - Army troops backed by artillery and armored vehicles clashed with Muslim separatist rebels in the southern Philippines, leaving 20 guerrillas and seven soldiers dead, the military said Saturday. Regional military spokesman Lt. Col Jonathan Ponce said troops from the army's 601st Brigrade had been checking reports that rebels under a rogue commander of the separatist Moro Islamic Liberation Front were massing in a hamlet in the village of Bialong when fighting erupted with about 80 guerrillas before dawn Friday and dragged on for at least eight hours. It was one of the fiercest clashes with the rebels under Commander Umbra Kato this year, Ponce said, adding five other soldiers were wounded in the fighting outside Mamasapano township in Maguindanao province. [More>>japantoday.com; See related story, 3.28.09 Yemen police killed in shootout with Islamists SANAA, Yemen (AFP) March 28 - Four Yemeni policemen were killed Saturday in clashes with Islamist fighters during a major government offensive against wanted militants in the south of the country, witnesses told AFP. The deadly shootout erupted in Jaar, northeast of the port city of Aden, where police had been hunting for wanted members of jihadist groups. "This campaign comes after dissident elements attacked members of the security forces and government interests, and disrupted peace and security over the past few weeks," a Jaar security official told AFP. 3.27.09 UK recession is worse than forecast March 27 - A sudden collapse in the building sector caused the British economy to fall into an even steeper decline in the final quarter of last year, according to revised government figures published today. New data showed a shrinkage of 1.6 per cent in gross domestic product (GDP) during the final three months of 2008 compared with earlier estimates of a 1.5 per cent decline. The fall in GDP is the sharpest quarter-on-quarter decline since 1980. On an annual basis, GDP fell by 2 per cent, more than the 1.9 per cent previously estimated, and the steepest year-on-year fall since 1991 — the last time Britain was in recession. The sharpest decline was in the construction sector, which has been dogged by the slump in demand for new houses. Output in construction plunged by 4.9 per cent during the final quarter compared with an earlier estimate of 1.1 per cent, while the slowdown in manufacturing accelerated to 4.5 per cent compared with the 1.8 per cent fall in the previous quarter. [More>>timesonline.co.uk: See related stories: washingtonpost.com, March 27, "Income falls, even as consumer spending rose in Feb." : Americans' incomes declined in February, even as spending showed signs of a rebound for the second straight month, the government said today. Personal income fell 0.2 percent in the month, the Commerce Department said, reflecting the weakness of the job market. Wages and salaries fell even faster, with a 0.4 percent drop. It was partly made up for with a rise in transfer payments such as Social Security. Spending rose 0.2 percent, reflecting continuing positive momentum from January. cbsnews.com, March 27, "More states see double-digit unemployment" : WASHINGTON - Michigan Leads Way With Jobless Rate Of 12 Percent; Six Others Top 10 Percent. More states logged double-digit unemployment rates in February, with North Carolina and Rhode Island seeing their rates hit record highs. The US Labor Department's report, released Friday, showed the terrible toll the recession, now in its second year, is having on workers and companies alike. Seven states have unemployment rates that topped 10 percent last month. That's up from four states in January. The US unemployment rate, released earlier this month, rose to 8.1 percent in February, the highest in more than 25 years. 3.27.09 Women told: 'You have dishonored your family, please kill yourself' March 27 - So-called "honour killings" in Turkey have reached record levels. According to government figures, there are more than 200 a year — half of all the murders committed in the country. Now, in a sinister twist, comes the emergence of "honour suicides." The growing phenomenon has been linked to reforms to Turkey's penal code in 2005. That introduced mandatory life sentences for honour killers, whereas in the past, killers could receive a reduced sentence claiming provocation. Soon after the law was passed, the numbers of female suicides started to rocket. Elif has spent the past eight months on the run, living in hiding and in fear. Her uncles and other relatives are looking to hunt her down, for dishonor is seen as a stain that can only be cleansed by death. One of the women's shelters where Elif has stayed has been raided by armed family members. [More>>independent.co.uk; See related "honor killing" stories:
3.27.09 Suicide bomb in Pakistan mosque kills at least 50 JAMRUD, Pakistan (AFP) March 27 - A suicide bomber blew himself up during Friday prayers at a packed Pakistani mosque, leaving more than 50 dead and scores wounded in one of the bloodiest recent attacks in the nation. Blood-soaked caps, shoes and shirts lay around the flattened mosque, where dazed survivors looked on as rescue workers plucked bodies out of the rubble, splashed with pools of blood. It came just hours before US President Barack Obama was to announce a new offensive against terror havens in Afghanistan and nuclear-armed Pakistan, in the hope of dealing a fatal blow to Al-Qaeda more than seven years after the September 11, 2001 attacks against the United States. news.com.au (Reuters) March 27, "Bomber kills at least 50 in mosque" : The bomber set off his explosives as an imam, or prayer leader, began the service. "The moment the imam said Allahu Akbar (God is Greatest), the blast went off," said Tauseer Khan, 70, from a hospital bed in the nearby Pakistani city of Peshawar...Between 250 and 300 people were in the mosque, said Tariq Hayat Khan, the region's top administrator. 3.27.09 Al-Qaeda planning attacks on US from Pakistan: Obama WASHINGTON, March 27 - Obama said Pakistan must demonstrate its commitment to rooting out al-Qaeda within its borders. al-Qaeda and its allies are cancer that risks "killing Pakistan From within." US to pursue constructive diplomacy with India and Pakistan. President Barack Obama said the US will pursue "constructive diplomacy" with both India and Pakistan to reduce ‘tensions’ between the nuclear-armed neighbors. "To lessen tensions between two nuclear-armed nations that too often teeter on the edge of escalation and confrontation, we must pursue constructive diplomacy with both India and Pakistan," Obama said, while unveiling his administration's new strategy on Afghanistan and Pakistan, which has been plagued by terrorism, at the White House. thenews.com.pk, March 27, "Obama unveils new US policy for Pakistan, Afghanistan" : WASHINGTON: US President Barack Obama Friday said al-Qaeda is "actively planning" attacks on US from safe havens in Pakistan. Unfolding a new US strategy to defeat Taliban and al-Qaeda, Obama said Pakistan must be [a] "stronger partner" in destroying al-Qaeda safe havens. In this connection, he said Pakistan would be provided financial assistance of 1.5 billion dollars each year for the next five years. However, he said [the] US would not provide a blank cheque to Pakistan "as they also needed to prove their commitment in [the] war against terror."... 3.27.09 Russia may soon end anti-terrorist operation in Chechnya GORKI, Russia (RIA Novosti) March 27 - Russian President Dmitry Medvedev ordered on Friday the Federal Security Service (FSB) chief to consider formally ending the counter-terrorist operation in Chechnya. Russia has been conducting its counter-terrorist operation in Chechnya since September 1999. The operation includes the deployment of special police units, frequent police sweeps, and heightened security at key facilities. 3.27.09 Levee cracks force evacuations in Fargo FARGO, North Dakota, March 27 - Frantic Race To Fortify Flood Defenses As Cresting River Breaks Record; Officials Say Waters Could Go Higher Saturday. The Red River rose to a daunting 112-year high early Friday and breached one of the dikes fortifying the city, but the mayor pledged to "go down swinging" as he called for more evacuations and additional National Guard troops to prevent a devastating flood. The river swelled to 40.32 feet - more than 22 feet above flood stage and inches more than the previous high water mark of 40.1 feet set in 1897. It was expected to crest as high as 43 feet on Saturday. Fargo's main dike protects the city at the 43-foot level. Fargo Mayor Dennis Walaker says the city has no plans to build the dike any higher. He says officials believe the Red River will crest at between 41.5 and 42 feet, and there wasn't time to raise the dike again. [More>>cbsnews.com] 3.26.09 How scientists caught an asteroid March 26 - Astronomers are there to pick up pieces after space rock 'the size of a lorry' explodes entering Earth's atmosphere. For the first time, astronomers have tracked an asteroid in space in the hours immediately before it collided with the Earth's upper atmosphere in a dramatic explosion. The 80-tonne object — known as 2008TC3 — was the size of a small lorry and was spotted by astronomers on 6 October 2008. Just 20 hours later it exploded with the force of about 1,000 tones of TNT 41 miles above the Nubian desert of Sudan, scattering fragments of meteorites across north-east Africa. As soon as it was realized that the asteroid was on a collision course with Earth, astronomers from 26 observatories across the world scrambled to ensure that their instruments gathered as much information on it as possible before it was almost completely vaporized in the explosion. Professor Richard Crowther of the Government's Science and Technology Facilities Council said that not all asteroid impacts were as harmless as this one and that the knowledge gained with 2008TC3 will help to mitigate the potential impact of much bigger collisions that could occur in the future. [>independent.co.uk; See also qub.ac.uk (Queen's University Belfast), "Queen's astronomers watch Earth-bound asteroid."] 3.26.09 Obama tells digital town hall expect to lose more jobs March 26 - President Obama Takes Questions Via Web Forum, YouTube. President Obama warned America today during an online town hall meeting that the country hasn't stopped losing jobs in this recession. The president picked a handful of questions from more than 100,000 that were submitted online or by YouTube during the last week as Obama made himself"Open for Questions" from regular Americans. The overriding issue of the inquiries was about the country's economy and the president warned that despite signs of fiscal improvement, people could expect even more jobs to be eliminated before the unemployment rate stops rising. 3.26.09 Army vet billed $3,000 for war wounds March 26 - Erik Roberts, an Army sergeant who was wounded in Iraq, underwent his 13th surgery recently to save his right leg from amputation. Imagine his shock when he got a bill for $3,000 for his treatment. "I just thought it was bull — that I'm getting billed for being wounded in Iraq doing my job. I always put the mission first, and now that I was wounded in Iraq, they're sending me bills," he said. "I put my life on the line and I was wounded in combat, and I came back and they're not going to take care of my medical bills?" It's a level of outrage shared by his mother, as well as the doctor who performed the surgery. 3.26.09 IAF Sudan strike / Olmert: Israel will target threats near and far March 26 - Outgoing Prime Minister Ehud Olmert hinted on Thursday at Israel's suspected role in an air-strike that reportedly hit a convoy of arms smugglers as it drove through Sudan toward Egypt in January. "We operate everywhere where we can hit terror infrastructure - in close places, in places further away, everywhere where we can hit terror infrastructure, we hit them and we hit them in a way that increases deterrence," said Olmert. He made the comments at a conference in Herzliya. 3.26.09 Bomb kills 11 in Pakistan March 26 - A suicide bomber struck a restaurant in volatile northwest Pakistan today, killing at least 11 people, including pro-government fighters opposed to the country's top Taliban commander, intelligence officials said. The Taliban claimed responsibility for the attack, which also wounded several people. Pockets of the northwest are strongholds for Taliban and al-Qaeda militants. Pakistan has staged military offensives in the area, while the US is suspected in dozens of missile strikes against militant targets there, including one that killed eight yesterday. The Pakistani government also has encouraged tribal leaders to form militias to ward off the insurgents. 3.26.09 Taliban kill nine police officers in Afghanistan KABUL, Afghanistan, March 26 - Taliban militants attacked a police checkpoint in southern Afghanistan Thursday, killing nine police officers said. The militants tossed hand grenades at the police post in Gerishk district of the southern Helmand province Thursday morning before shooting the policemen inside the post, said Kamaludin Khan, the deputy provincial police chief...Taliban spokesman Qari Mohammad Yousfi Ahmadi claimed over telephone from an undisclosed location that their fighters killed 11 police personnel in their pre-dawn attack and seized their weapons. [Full story timesofindia.indiatimes.com] 3.26.09 At least 20 killed in Baghdad car bombing BAGHDAD (DPA) March 26 - At least 17 people were killed and at least 25 more were wounded when a truck loaded with explosives blew up in a crowded market in eastern Baghdad on Thursday, an official with the Iraqi Interior Ministry said. The official, who spoke to the German Press Agency dpa on condition of anonymity, said he feared the number of dead and wounded could rise because of the intensity of the blast, which hit eastern Baghdad's Shalal market at midday. Thursday's bomb attack came just before Palestinian President Mahmoud Abbas had been due to arrive in Baghdad, Palestinian radio and Iraqi officials said Thursday morning. But on Thursday afternoon, Palestinian officials said Abbas was now not scheduled to visit Iraq. It was unclear whether the Palestinian president's visit, which would have been the first public visit from a Palestinian official to Iraq since 2003, had been canceled because of security concerns. Baghdad has been the centre of a whirlwind of diplomatic activity in recent weeks. Heads of state and senior officials from around the world have flocked to the Iraqi capital to take advantage of improved security and to reaffirm ties following the United States’ commitment to withdraw its troops from Iraqi cities by the end of June. On Wednesday, Syrian Foreign Minister Walid al-Muallim visited Iraq for the first time since November 2006, when he arrived with a mandate to restore diplomatic relations for the first time since 1982. [More>>khaleejtimes.com] 3.25.09 EU president calls US stimulus the 'Way to hell" BRUSSELS, March 25 - Transatlantic tension over the handling of the global economic crisis intensified Wednesday when the prime minister of the Czech Republic, which holds the European Union presidency, described President Obama's stimulus measures as the "way to hell." Addressing the European Parliament in Strasbourg, France, Prime Minister Mirek Topolanek argued that the Obama administration's fiscal package and financial bailout "will undermine the stability of the global financial market." Mr. Topolanek's comments, only a day after he offered his government's resignation following a no confidence vote, took European officials by surprise. The rotating European Union presidency lasts for six months and the country that holds it is supposed to speak on behalf of the entire 27-nation bloc. 3.25.09 Obama defends his budget as essential to recovery March 25 - President Obama presented a sober assessment of the state of the economy in his prime time news conference Tuesday, but he insisted his administration has a strategy in place to "attack this crisis on all fronts." "It took many years and many failures to lead us here. And it will take many months and many different solutions to lead us out. There are no quick fixes, and there are no silver bullets," he said. 3.25.09 Goldman Sachs plans to hand back $10 billion bailout NEW YORK, March 25 - Goldman Sachs is in talks to hand back the $10bn (£7bn) it received from the US government last year, and could be the first major bank to free itself from the strings attached to taxpayer money. The government cash, although handed on to Goldman on advantageous terms, comes with limits on executive pay and increasingly intense public scrutiny of its business practices. Wall Street bosses, watching the furore over bonuses paid to executives at the collapsed insurance firm AIG over the past week, are keener than ever to return public funds as soon as conditions allow. Goldman believes it could safely return the money now, although it is expected to wait until after the US Treasury completes its "stress tests" of major banks' balance sheets by the end of next month. It is expected that other major banks, including JPMorgan Chase, which received $25bn, are also hoping to return cash soon. [More>>independent.co.uk] 3.25.09 Hardline Saudi clerics urge TV ban on women, music RIYADH, Saudi Arabia, March 25 - A group of Saudi clerics urged the kingdom's new information minister to ban women from appearing on TV or in newspapers and magazines, making clear that the country's hardline religious establishment is skeptical of a new push toward moderation. In a statement, the 35 hardline clergymen also called on Abdel Aziz Khoja, who was appointed by King Abdullah on Feb. 14, to prohibit the playing of music and music shows on television. "We have great hope that this media reform will be accomplished by you," said the statement. 3.25.09 British-run orphanage in Bangladesh 'is Islamist training camp' March 25 - An orphanage run by a British charity in Bangladesh has been raided by local security forces who say that it was being used as a training camp and arms factory for Islamic militants. The Rapid Action Battalion said today that it had arrested four people, including a teacher and three caretakers, and was searching for the head of the charity, a British citizen known only as Faisal. The arrests came after a raid yesterday on the Green Crescent madrassa and orphanage on the remote southern island of Bhola, Lt. Col Munir Haque, an officer involved in the operation, told The Times. 3.25.09 Taliban take over emerald mines in Pakistan's Swat region March 25 - The Taliban in Swat Valley have taken over operations in its emerald mines of the region. The mines, which produce emeralds of international quantity, were previously controlled by the Pakistani government. Swat was the scene of 18 months of conflict between the security forces and Taliban militants fighting to implement Islamic Sharia law. The mines were taken over following a ceasefire between militants and the government. timesonline.co.uk, March 25, "Pakistani region where the brutal Taleban are back in control" : MINGORA, Paksitan - (By Stuart Ramsay) The word "Taleban" starts as a whisper then spreads through the crowd. Black-turbaned out-runners are wielding wooden sticks to clear a path for a convoy of four-wheel drives and pick-up trucks. The Taleban are back, in charge, and this time in Pakistan. London and Washington will surely watch in horror. A foreign policy of annihilating this fundamentalist scourge of human rights and democratic principles has been thwarted in spectacular style. I am in Mingora, the capital of Swat, a beautiful valley region in central northeast Pakistan once described by the Queen during a stay here as the Switzerland of the former Empire. 3.25.09 LeT warns of more strikes after Kupwara encounter SRINAGAR, India, March 25 - With the combing operation in the forests of Kupwara still going on, [the] Army claims that all the slain militants were foreigners owing allegiance to Lashkar e Toiba. So far, seventeen militants and eight soldiers have been killed in the operation. Brigade General Staff 15 Corps, Brigadier Gurmeet Singh said the operation is going on in the thick forests of Kupwara in the difficult mountainous terrain. "The militants were primarily an infiltration group attempting to infiltrate and a reception party," he said. "The slain militants were foreigners owing their allegiance to Lashkar e Toiba." Singh said that the majority of the militants have been killed. “Remnants if any, will also be eliminated.” The senior army commander said that the militants killed in the encounter were highly trained, well equipped. "We have received [the] latest weapons, [a] communication system and maps from the slain militants," he said adding that the items recovered from the slain militants are being used by the state. Brigadier Singh termed it as a first major infiltration attempt and said that more militants from across the Line of Control are waiting to sneak into the Valley. "As per intelligence reports 300 to 400 militants are awaiting on other side of the Line of Control to sneak into the Valley. We are prepared to tackle any infiltration attempt," he said...The Pakistan based militant group Lashkar-e-Taiba (LeT) has claimed responsibility for the Kupwara encounter in which eight soldiers including an Army major was killed. Seventeen militants were also killed in the five day long encounter in the dense forests of Shamasbari range in Kupwara that began on March 20. A spokesman of Lashkar Abdullah Ghaznavi told local newspapers in Srinagar over phone that militants of the outfit will carry more attacks on the Indian troops in coming days. [Full story>>indianexpress.com; See also khaleejtimes.com, March 25, "Kashmir fight kills 25, Lashkar vows more attacks" : The Pakistan-based militant group blamed for the Mumbai attacks threatened on Wednesday more violence in disputed Indian Kashmir after a five-day gunbattle with troops that killed 25 people. "The Lashkar-e-Taiba (LeT) will continue to render sacrifices for the freedom of Kashmir and coming days would prove costly for Indian forces," Abdullah Gaznavi, the spokesman for the group, told Reuters by telephone. Indian soldiers shot dead 17 militants and eight troops were killed in the gunbattle that began last Friday in Shamsbari forest near the Line of Control, a ceasefire line that divides Kashmir between India and Pakistan, officials said... 3.25.09 Seven killed in US drone attack in S. Waziristan WANA, Pakistan, March 25 - Seven foreign militants have been killed in a suspected US drone strike in South Waziristan, sources said on Wednesday. The missile attack targeted a house of a man named Haji Dost Muhammad in Makeen area near Razmak, 12 kilometer north west of Ladha. The house and a vehicle were also destroyed in the attack. [>thenews.com.pk; See also timesof india.indiatimes (AFP) March 25, "Suspected US missile strike kills seven in Pakistan: officials" and related story, 3.25.09 Bomb kills 10 civilians in eastern Afghanistan KABUL (AP) March 25 - One roadside bomb killed 10 civilians Wednesday in a van along a route used by foreign troops in eastern Afghanistan while another wounded three Australian troops — highlighting a tactic increasingly favored by Taliban militants. The roadside bombings show the dangers that will be faced by the additional 17,000 US troops President Barack Obama has pledged to send to Afghanistan this year to battle resurgent Taliban militants in the country's south. The US could end up sending even more troops to Afghanistan as part of an overhauled strategy the Obama administration is expected to announce later this week. US troops first faced widespread roadside bomb attacks in Iraq, where they caused thousands of casualties and led the military to spend billions of dollars to build armored vehicles better equipped to keep soldiers safe. [More>>washingtonpost.com] 3.24.09 Treasury chief seeks wider power to seize troubled firms WASHINGTON, March 24 - The crisis surrounding the American International Group was a near-tragedy that underlines the need for broad new government authority to regulate or even take control of financial institutions other than banks, the government's top fiscal officials told lawmakers on Tuesday. Treasury Secretary Timothy F. Geithner said financial crises like those caused by the recklessness of A.I.G. "contain a basic and tragic unfairness — that those who were prudent and responsible in their personal and professional judgments are harmed by the actions of those who were less careful and less prudent." 3.24.09 Wall Street stumbles after huge gains NEW YORK, March 24 - Wall Street gave back some of its gains as investors reassessed the economy's strength a day after the market's biggest advance in five months. Some pullback was expected after the Dow Jones industrial average surged 498 points on Monday in a giddy response to the government's plan to help banks dispose of bad loans. Traders said the market was short on fresh fuel to extend a two-week rally that has propelled stocks up about 20 percent in 10 days. In midday trading, the Dow Jones industrial average fell 47.55, or 0.6 percent, to 7,728.31. The Dow jumped 6.8 percent on Monday, its biggest gain since late October. [More>>cbsnews.com] 3.24.09 Japan stocks jump; Nikkei up 20% in 2 weeks TOKYO, March 24 - The bulls may be back in Japan, as stocks staged another big rally Tuesday on optimism that a US plan to rid banks of souring debts will stabilize the financial sector and pull the world's largest economy out of recession. The benchmark Nikkei 225 stock average soared 272.22 points, or 3.3%, to 8,488.30. Since sinking to a quarter-century low two weeks ago, the index has surged 20%. The broader Topix index rose 2.7% to 812.72. Investors cheered the Obama administration's decision to remove as much as $1 trillion in toxic securities and loans weighing down bank balance sheets. Key US indices soared around 7% overnight, with markets around Asia also posting strong gains Tuesday. [More>>japantoday.com] 3.24.09 Obama to beef up Mexico border policy WASHINGTON, March 24 - The Obama administration announced a major increase in security funding and agent deployments along the US-Mexico border Tuesday. The changes are part of what the White House characterized as a sweeping new federal plan to beef up resources in a region increasingly plagued by drug-related violence. The administration is trying to help the Mexican government break up drug cartels believed to be responsible for the killing of roughly 6,500 people in Mexico last year, Homeland Security Secretary Janet Napolitano said. 3.24.09 Iraq asks Kurdish rebels to drop guns or leave BAGHDAD, March 24 - PKK says Gul's visit changes nothing. Iraq on Monday demanded that the Turkish Kurdish rebels based in its northern mountains lay down their weapons or leave the country during a landmark visit by Turkey's President Abdullah Gul. "The PKK has two choices: lay down its guns or leave Iraq," was the ultimatum President Jalal Talabani of the Kurdistan Workers' Party (PKK) announced at a joint news conference marking the first visit by a Turkish head of state in 33 years. The comments of Talabani were some of the toughest made recently by an Iraqi leader against PKK rebels, who have used northern Iraq as a base to launch attacks against Turkey, straining ties between Baghdad and Ankara. [More>>alarabiya.net] 3.24.09 Officer killed after suicide bomber targets Islamabad March 24 - Terrorist strike in heart of capital mars Pakistan's annual national holiday. Militants underlined their ability to strike at the heart of Pakistan when a suicide bomber attacked a police station in Islamabad yesterday, killing one officer and injuring at least one other as the country was celebrating its national day. In the first assault in the capital since October, when insurgents targeted the headquarters of the anti-terrorism squad, the bomber set off his device just after evening prayers at the entrance to a police station used by special branch officers in the Sitara market neighbourhood. The attacker was also killed. "It was a huge, huge blast," said Ali Raza, 31, who had been praying at a nearby mosque. "We knew immediately it was the special branch headquarters. When I came to the gate, I saw a body lying there. A bloodied leg was lying separately." 3.24.09 Rocket attack breaks 10 days of quiet March 24 - Ten days of quiet were broken on Tuesday when Palestinian terrorists fired a Kassam rocket into southern Israel from the Gaza Strip. The latest rocket struck an open area south of Ashkelon, causing no casualties or damage. No terrorist organization claimed responsibility for the incident. Residents of nearby areas heard warning sirens shortly before the rocket landed. The last Kassam attack occurred on March 14, when two rockets landed in open areas near the Sha'ar Hanegev region and Ashkelon. Nobody was wounded in either attack. 3.24.09 Clashes erupt in Israeli-Arab town March 24 - Israeli police have used stun grenades and tear gas to disperse a protest by Arab residents of a northern Israeli town. The protest in Umm el-Fahm, one of Israel's largest Arab towns, erupted on Tuesday after Jewish hardliners tried to march through the town. Mickey Rosenfeld, a police spokesman, said police swung into action after protesters hurled stones at security men. He said 16 policemen had been lightly wounded and ten protesters arrested. 3.24.09 China calls for new global currency BEIJING (AP) March 24 - China is calling for a new global currency controlled by the International Monetary Fund, stepping up pressure ahead of a London summit of global leaders for changes to a financial system dominated by the US dollar and Western governments. The comments, in an essay by the Chinese central bank governor released late Monday, reflect Beijing's growing assertiveness in economic affairs. China is expected to press for developing countries to have a bigger say in finance when leaders of the Group of 20 major economies meet April 2 in London to discuss the global crisis.
EDITORIALS 09.11.05 When a nation lacks a competent leader it invites disaster – the legacy of Bush
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