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News Headlines & Trends4.24.09 'UK economy shrinks at fastest rate for 30 years April 24 - The economy contracted by 1.9 percent in the first three months of the year, at the fastest rate since 1979, when Margaret Thatcher came to power, as the country sank further into recession, official figures showed this morning. The dramatic fall in GDP, the total value of all goods and services produced by a country, is far higher than the 1.6 percent contraction predicted by Alistair Darling in the Budget. The Chancellor has been widely derided for the economic predictions he gave on Wednesday, which also forecast that the UK economy would, after shrinking by 3.5 percent in 2009, begin to recover towards the end of the year and grow by 1.25 percent over 2010. In contrast, the International Monetary Fund said that it expected the UK economy to shrink by 4.1 percent this year and for the slowdown to continue into 2010, when GDP will contract by 0.4 percent. [More>>timesonline.co.uk] 4.24.09 Spain's jobless rate soars to 17% April 24 - Spain's unemployment rate hit 17.4% at the end of March, figures have shown, with the jobless total now having doubled over the past 12 months. In the past year, two million people have lost their jobs taking the total out of work to just over four million. The Bank of Spain recently predicted the jobless rate would reach 19.4% in 2010, as the recession took hold. "It is a terrible figure," Octavio Granado, secretary of state for social security told state television. [More>>bbc.co.uk] 4.24.09 2 Japanese auto suppliers apply for US aid TOKYO, April 24 - Two Japanese auto parts makers have applied for the US government's $5 billion financial aid package to secure their account receivables to struggling US automakers, industry sources said Friday. The two manufacturers are Yazaki Corp, a Tokyo-based auto parts maker, and Yokohama-based Yorozu Corp, the sources said, adding several other domestic auto suppliers are also considering applying for the program. 4.24.09 Treasury lends $2b more to General Motors WASHINGTON, April 24 - The Treasury Department says it has provided General Motors Corp. with another $2 billion in federal loans as the giant automaker struggles to restructure. The Treasury said that the payment was made to GM on Wednesday and provides working capital to the company. A government report revealed earlier this week that the Treasury was prepared to provide GM with up to $5 billion more in federal loans and Chrysler with up to $500 million more in bailout support as they race against deadlines to restructure. GM has until June 1 to complete restructuring plans that satisfy the government's auto task force, while Chrysler has until April 30. [More>>cbsnews.com] 4.24.09 Pakistan acts on US carrot and stick policy WASHINGTON, April 24 - Word from the White House that Washington's multi-billion dollar largesse to Islamabad is "directly related to military security and the ability to confront extremists" had an immediate salutary effect on Friday with Pakistan announcing its willingness to take on Taliban and the extremists mysteriously withdrawing from Buner district north of Islamabad. The anger and agitation in Washington over Pakistan's abject and inexplicable ''capitulation'' to Talibanist forces rippled through cables, phone calls, memos, briefings, and hearings on Wednesday and Thursday. 4.24.09 60 die in deadliest Iraq bombing since June BAGHDAD (Reuters) April 24 - In a second day of major bloodshed, two suicide bombers wearing explosive vests blew themselves up at the gates of a Shia Muslim shrine in Baghdad today. Iraqi police said 60 people were dead. The attack was the deadliest single incident in Iraq since 63 people died in a truck bomb blast in Baghdad on June 17 last year, and came amid growing concerns that a recent drop in violence might turn out to have been just a temporary lull. At least 125 people were wounded in the apparently coordinated blasts at the Imam Moussa al-Kadhim shrine in the Shi'ite neighbourhood of Kadhimiya, police said. 4.24.09 'World leaders must drop their slogans' April 24 - The international community has to "stop speaking in slogans" if it really wants to help the new Israeli government work toward a solution to the Palestinian conflict and help bring stability to the Middle East, Foreign Minister Avigdor Lieberman told The Jerusalem Post on Thursday, in his first interview with an Israeli newspaper since taking the job. "Over the last two weeks I've had many conversations with my colleagues around the world," he said. "Just today, I saw the political adviser to German Chancellor Angela Merkel, the Chinese foreign minister and the Czech prime minister. And everybody, you know, speaks with you like you're in a campaign: Occupation, settlements, settlers..." 4.24.09 New, deadly swine flu hits Mexico, may spread MEXICO CITY (Reuters) April 24 - A deadly strain of swine flu never seen before has broken out in Mexico, killing at least 16 people and raising fears it is spreading across North America. The World Health Organization said it was concerned about what it called 800 "influenza-like" cases in Mexico, and also about a confirmed outbreak of a new strain of swine flu in the United States. Mexico canceled classes for millions of children in its sprawling capital city and surrounding areas on Friday after authorities noticed a higher number of deaths involving flu-like illness than normal in recent weeks. 4.24.09 'Climate change' forces Eskimos to abandon village April 24 - The indigenous people of Alaska have stood firm against some of the most extreme weather conditions on Earth for thousands of years. But now, flooding blamed on climate change is forcing at least one Eskimo village to move to safer ground. Authorities have ordered about 340 residents of the tiny coastal village of Newtok to move to new homes 9 miles away, up the Ninglick River. The village, home to indigenous Yup'ik Eskimos, is the first of possibly scores of threatened Alaskan communities that could be abandoned. Warming temperatures are melting coastal ice shelves and frozen sub-soils, which act as natural barriers to protect the village against summer deluges from ocean storm surges. 4.23.09 Rice 'approved torture methods' April 23 - Condoleezza Rice, the former US secretary of state, approved the use of torture methods such as waterboarding as early as 2002, a new report says. A US senate intelligence committee report said on Wednesday that Rice, then national security adviser, verbally gave the green light to the CIA in July 2002 to use waterboarding on Abu Zubaydah, an al-Qaeda suspect held in Guantanamo Bay in Cuba. A few days later on August 1, 2002, the then US justice department approved the use of waterboarding in a secret memo, the report said. 4.23.09 Government watchdogs warn of lack of oversight for trillions in president's new spending programs April 23 - The Government Accountability Office today issued a report on the $787 billion stimulus bill called "RECOVERY ACT: As Initial Implementation Unfolds in States and Localities, Continued Attention to Accountability Issues Is Essential." The GAO study asserts that officials from most of the states surveyed "expressed concerns regarding the lack of Recovery Act funding provided for accountability and oversight. Due to fiscal constraints, many states reported significant declines in the number of oversight staff — limiting their ability to ensure proper implementation and management of Recovery Act funds." [More>>abcnews.com] 4.23.09 Jobless claims jump 640k; total tops 6.1m WAShINGTON, April 23 - New jobless claims rose more than expected last week, while the number of workers continuing to filing claims for unemployment benefits topped 6.1 million. Both figures are fresh evidence layoffs persist amid a weak job market that is not expected to rebound anytime soon. The Labor Department said Thursday that initial claims for unemployment compensation rose to a seasonally adjusted 640,000, up from a revised 613,000 the previous week. That was slightly above analysts' expectations of 635,000. [More>>cbsnews.com] 4.23.09 UK: Breast cancer death rate tumbles to a record low April 23 - It is difficult to know whether to laugh or cry at the latest figures relating to breast cancer. Britain's cancer community was celebrating yesterday after the charity Cancer Research UK reported that deaths from the disease have fallen to a record low. In 1971, the first year statistics were collected, 12,472 women died from the disease and over the next 18 years the death toll steadily mounted, peaking at 15,625 in 1989. Since then the death rate has plummeted bringing the number of women dying below 12,000 for the first time in 2007, to 11,990. More than three out of four women diagnosed with breast cancer survive more than five years today, compared with half in the early 1970s. 4.23.09 Pakistan moves troops as Taliban invade another district ISLAMABAD, Pakistan (DPA) April 23 - Taliban militants clashed with Pakistani security forces Thursday as they moved into the north-western district of Buneer, said an official, as Western leaders worried over the mounting threat to the Pakistani government. The movement of eight platoons of Frontier Constabulary seems to have failed in blocking Taliban who reportedly have invaded another neighboring district of Shangla. The insurgents fired at the two platoons of paramilitary troops from their positions in the mountains in the Chinglai area of Buneer district as they headed to guard the government buildings in the area. "I think that the Pakistani government is basically abdicating to the Taliban and to the extremists," US Foreign Secretary Hilary Clinton told the House Committee on Foreign Affairs on Wednesday. "We cannot underscore the seriousness of the existential threat posed to the state of Pakistan by the continuing advances, now within hours, of Islamabad," she said. According to her, the militants are "seeking the overthrow of the Pakistani state." [>khaleejtimes.com; See related stories: 4.23.09 Two militants killed in raid in central Afghanistan KABUL, Afghanistan, April 23 - US forces say international and Afghan troops have killed two militants in an overnight raid in central Afghanistan. The US statement released on Thursday said forces with the Afghan army and the US-led international coalition were attempting to capture Taliban militants that intelligence sources said were camping in Tarin Kowt district of Uruzgan province. The statement said two armed men threatened the troops, who shot and killed the militants. No women or children were present and no Afghan or international forces were injured. The statement said in a separate incident Afghan and coalition troops captured three suspected militants in a raid in eastern Logar province. No casualties were reported in that incident. [>gulfnews.com] 4.23.09 At least 75 people are killed in two attacks in Iraq BAGHDAD, April 23 - At least 75 people were killed and 120 wounded in two explosions in Iraq on Thursday that shook a quiet residential Baghdad neighborhood and a restive city north of the capital where Iranian tourists were attacked. Also on Thursday, a major leader of the Sunni insurgency, Abu Omar al-Baghdadi, was captured in Baghdad, according to Major General Qassim Atta, the Army official responsible for security in the capital. Mr. Baghdadi is the leader of the Islamic State of Iraq, an umbrella group of Sunni militant forces believed to include al-Qaeda in Mesopotamia. 4.23.09 North Korea is fully fledged nuclear power, experts agree April 23 - North Korea has become a fully fledged nuclear power, with the capacity to wipe out cities in Japan and South Korea. The uncomfortable truth has been confirmed by a number of experts, from the head of the International Atomic Energy Agency to the US Defence Secretary. According to intelligence briefings shown to academic experts, North Korea has successfully miniaturized nuclear warheads that could be launched on medium-range missiles. This puts it ahead of Iran in the race for nuclear attack capability, and significantly alters the balance of power between North Korea's large but poorly equipped military and the South Korean and US forces ranged against it. "North Korea has nuclear weapons, which is a matter of fact," the head of the IAEA, Mohamed ElBaradei, said this week. "I don't like to accept any country as a nuclear weapon state. We have to face reality." [More>>timesonline.co.uk] 4.23.09 No pirate money laundered n our banks, says Dubai DUBAI, April 23 - An Emirati newspaper says Dubai's deputy police chief has denied a report that pirates have laundered their ransom money through banks in the Gulf City-state. Wednesday's report in Al Emarat Al Youm newspaper has quoted Maj. Gen. Khamis Mattar al-Mazeina as saying Dubai has strict laws to prevent money laundering. The Arabic language newspaper has close ties to Dubai's ruling family. Al-Mazeina was responding to Tuesday's report in the British newspaper The Independent that quoted investigators hired by the shipping industry as saying organized piracy syndicates operating in Dubai and other Gulf states have laundered large amounts of ransom money. Piracy has spiked in the waters off the lawless Somali coast. [>timesofindia.indiatimes.com] 4.23.09 Mubarak to Hezbollah: Beware of Egypt's wrath April 23 - Egyptian President Hosni Mubarak on Thursday warned the Lebanese militant group Hezbollah, and its suspected allies Iran, that he would not tolerate "the intervention of regional powers that are hostile to peace and that aim to drag the region into the abyss." Speaking out for the first time since Egyptian authorities announced two weeks ago the arrest of 49 Hezbollah agents on suspicion of carrying out hostile operations. The government statement said that the men were looking to destabilize Egypt's general security. Egyptian media later quoted senior officials as saying that it had been Iran that had masterminded the terror attacks against targets in Egypt by Hezbollah operatives. [More>>haaretz.com] 4.23.09 Turkey and Armenia agree on a comprehensive framework for normalization of relations ANKARA, Turkey, April 23 - Turkey and Armenia have agreed on a comprehensive framework for the normalization of their bilateral relations in a mutually satisfactory manner, Turkish Foreign Ministry said on Wednesday. A statement by the Foreign Ministry said, "Turkey and Armenia together with Switzerland as mediator, have been working intensively with a view to normalizing their bilateral relations and developing them in a spirit of a good-neighborliness, and mutual respect, and thus to promoting peace, security and stability in the whole region." 4.23.09 New carvings shed light on pharaoh's dark age CAIRO (AFP) April 23 - Egyptian archaeologists have unearthed carvings at four ancient temples in the Sinai Peninsula which they hope will shed fresh light on one of the most obscure periods of Pharaonic history. Rare inscriptions on the temples' walls relate to the Hyksos — Asiatic peoples who invaded Egypt during the 12th dynasty (1991-1802 BC) and ruled for more than a century from their Nile Delta capital, Avaris. "There is a carving of King Ramses I standing before the god Set, who was worshipped by the Hyksos. This is the first of its kind," archaeologist Mohammed Abdel Maksud, who heads the mission, told AFP on Tuesday. The Hyksos, whose name means "foreign rulers" in ancient Greek, were so hated that when Egyptians eventually returned to power, they destroyed all Hyksos monuments and records. The find, including inscriptions relating to an array of other gods and kings, "opens the door to many secrets of that time and could help rewrite Sinai's history," Maksud said. [More>>alarabiya.net; See also haaretz.com, April 23, "3,000-year-old arms storrehouse uncovered in Sinai."] 4.22.09 Executive at Freddie Mac is found dead April 22 - David B. Kellermann, the acting chief financial officer of the troubled mortgage giant Freddie Mac, was found dead Wednesday morning at his home in Northern Virginia, the police said. The executive apparently committed suicide by hanging himself, according to people with knowledge of the investigation. A spokeswoman for the Fairfax County police said there were no signs of foul play. 4.22.09 Computers worldwide hit by cyber hackers April 22 - A small group of cyber criminals have succeeded in hacking into almost two million computers around the world — including British Government machines. The global network of 1.9m computers infected with malicious software, or malware, was tracked to a cyber gang of six people based in the Ukraine. The malware was remotely controlled by the gang, allowing them to read emails, copy files, record keystrokes, send spam and make screenshots, security firm Finjan said. The criminal network of remotely controlled computers, known as a botnet, was the largest ever discovered, Finjan said. Its server has now been shut down. 4.22.09 Hamas denies killing, maiming dozens of opponents in Gaza April 22 - Hamas has dismissed allegations that it systematically killed and maimed dozens of opponents during and after Operation Cast Lead in the Gaza Strip, the news Website ANI reported on Wednesday. In a report released earlier this week, the Human Rights Watch accused Hamas of directing its gunmen to eliminate political opponents and suspected collaborators under the cover of Israel's military offensive in Gaza. According to the report, 32 people have been killed and dozens in such more wounded since December under these attacks. Hamas spokesman Fawzi Barhoum decried the rights group's report "hasty and incomplete", as it did not cite "the Israeli occupation as the real reason for the chaos in Gaza during the war." [More>>haaretz.com] 4.22.09 UK police release al-Qaeda suspects April 22 - British police have released all 12 men arrested in raids earlier this month over a suspected al-Qaeda plot. Officers did not charge the men, 11 Pakistanis and one Briton, who were seized on April 8 in a raid that had been brought forward due to a security breach. The arrests, which took place in northwest England, were rushed through after Bob Quick, Britain's senior counter-terrorism officer, was photographed holding notes on the operation. The security blunder led him to resign a day later. Gordon Brown, Britain's prime minister, said at the time of the raids that police had foiled "a very big terrorist plot." The men, 10 of whom held student visas, were arrested in raids in Manchester, Liverpool and Clitheroe in Lancashire. But prosecutors said there was insufficient evidence to justify holding them any longer or bring charges against them. [More>>aljazeera.net] 4.22.09 Four bomb plot suspects go on trial in Germany DUSSELDORF, Germany (Reuters) April 22 - Four men on trial in a German court planned a series of bomb attacks on US targets in Germany designed to be as destructive as the Sept. 11 strikes in the United States, prosecutors said on Wednesday. The prosecutors told the court on the opening day of the trial that the men, three Germans and one Turkish national, had planned to use car bombs to attack three big targets in Germany, at least two of them American. The defendants had identified discos and airports, even the US Ramstein air base, as possible targets, prosecutors said. "The objective was to destroy as many American targets and Americans to achieve the scale of the attacks of Sept. 11 in the United States," Federal Prosecutor Volker Brinkmann said. [More>>khaleejtimes.com] 4.22.09 Two Afghan suspects arrested in Kurram Agency PESHAWAR, Pakistan, April 22 - Security agencies have arrested two Afghan nationals from Kurram Agency in connection with suicide attack on senior provincial minister Bashir Ahmed Bilor and other terror activities. The suspects, aged between 20 and 30, have been identified as Afghan nations. They hail from Lughman province of Afghanistan. According to the security agencies, they have admitted to carrying out several terror acts in different parts of NWPF. Both suspects also admitted that they were involved in planning of suicide attack on NWP senior minister Bashir Bilor. [>thenews.com.pk] 4.21.09 Obama open to prosecutions in interrrogation abuses WASHINGTON, April 21 - President Obama on Tuesday left open the door to creating a bipartisan commission that would investigate the Bush administration's use of harsh interrogation techniques on terrorism suspects, and he did not rule out taking action against the lawyers who fashioned the legal guidelines for the interrogations. Mr. Obama, who has been saying that the nation should look ahead rather than focusing on the past, said he is “not suggesting” that a commission be established. But in response to questions from reporters in the Oval Office, he said, "if and when there needs to be a further accounting," he hoped that Congress would examine ways to obtain one "in a bipartisan fashion," from people who are independent and therefore can build credibility with the public. 4.21.09 Taliban in Pakistani ex-resort: "Welcome, Osama!' MINGORA, Pakistan (AP) April 21 - Pakistan was trying to end bloodshed when it let the idyllic Swat Valley fall under Islamic law last week. Instead, it has emboldened the Taliban and prompted an invitation — however improbable — for Osama bin Laden. The local spokesman for the Taliban, which control the valley, told The Associated Press he'd welcome militants bent on battling US troops and their Arab allies if they want to settle there. "Osama can come here. Sure, like a brother they can stay anywhere they want," Muslim Khan said in a two-hour interview Friday, his first with a foreign journalist since Islamic law was imposed. "Yes, we will help them and protect them." 4.21.09 Cyber spies steal fighter jet data April 21 - Online Attack Breaches Fighter Program, Air Traffic Control System; China Suspected As Possible Source. A series of online spy attacks breached a $300 billion Pentagon fighter jet program and the Air Force's air traffic control system in recent months, according to a Wall Street Journal report Tuesday. The computer spies copied several terabytes of data from the Joint Strike Fighter project, the most expensive in Defense Department history, pertaining to the electronics and design systems of the aircraft, several current and former officials told the Journal. 4.21.09 Pirates: the $80m Gulf connection April 21 - Crime syndicates laundering vast sums taken in ransom from ships and their crews hijacked in Horn of Africa. Organised piracy syndicates operating in Dubai and other Gulf states are laundering vast sums of money taken in ransom from vessels hijacked off the Horn of Africa. Investigators hired by the shipping industry have told The Independent that around $80m (£56m) has been paid out in the past year alone — far more than has previously been admitted. But while some of this money has ended up in the pirate havens of Somalia, millions have been laundered through bank accounts in the United Arab Emirates and other parts of the Middle East. The so-called "godfathers" of the illicit operations, according to investigators, include businessmen from Somalia and the Middle East, as well as other nationalities on the Indian sub-continent. There have also been reports that some of the money from piracy ransoms has gone to Islamist militants. [More>>independent.co.uk] 4.21.09 Turkish police detain 37 in anti-Qaeda raids ANKARA, Turkey, April 21 - Suspected Qaeda cell houses raided in five provinces. Turkish anti-terror police rounded up 37 people with suspected links to the al-Qaeda network in operations across southern Turkey Tuesday, Anatolia news agency reported. In simultaneous raids early in the morning, the security forces targeted suspected al-Qaeda cell houses, detaining 17 people in five provinces, the agency said. Police also seized guns and computers from suspected al-Qaeda cell houses. Public television TRT aired a video tape seized in the operation, said to be shot in Afghanistan, in which militants demonstrate the making of a bomb. One of those detained was believed to have links with a suspected al-Qaeda cell in the southern province of Gaziantep, which engaged police in a deadly firefight last year. 4.21.09 Churches unite against Islamic school in Camden April 22 - Four Christian churches have joined in an unprecedented attack on the Islamic faith in an attempt to stop a Muslim school being built. Calling the religion an ideology driven by world domination, a submission to the Land and Environment Court yesterday said a proposed school at Camden was a "beachhead" in Islamic takeover of southwestern Sydney, threatening the Australian way of life. The attack, co-signed by local heads of Baptist, Anglican, Presbyterian and the Evangelical Sisters of Mary churches, formed the spearhead of Camden City Council's defence to a court challenge over its rejection of a development application for the Muslim school. 4.21.09 Hardline Jordanian Muslims urge Pope to apologize AMMAN, Jordan (AP) April 21 - Jordan's powerful Muslim Brotherhood is urging Pope Benedict XVI to apologize ahead of his Mideast tour for his previous remarks about the Prophet Muhammad that many Muslims interpreted as insulting their faith. Muslim Brotherhood spokesman Jamil Abu-Bakr said Tuesday the pope must "clear the air" before visiting Jordan as part of a May 8-15 tour to the region. n September 2006, Benedict quoted a Medieval text that characterized some of the teachings of the Prophet Muhammad as "evil and inhuman." The pope later said he was "deeply sorry" over the reaction to his remarks, and said the passages he quoted did not reflect his own opinion. Abu-Bakr said the remark was insufficient and that a "clear apology" was required. [>thejakartapost.com] 4.21.09 Kuwait police open to women but Islamists opposed KUWAIT (Reuters) April 21 - Raised in a society dominated by men, Hanan wants to prove that Kuwaiti women are just as good as males in serving in the police force. The 19-year-old Kuwaiti is among the first female police officers who recently graduated from academy in the conservative Gulf Arab state where many believe a woman's place is at home. "When people said that women will not be able to work as police officers I wanted to prove to them that women can actually make it," said Sergeant Hanan al-Saybaei. "It was not a childhood dream, but I took it as a challenge." The move is the latest step that the US ally has taken towards greater participation of women in society after granting them the right to vote and run for office in 2005. [More>>khaleejtimes.com] 4.21.09 Two Koreas meet briefly in Gaeseong April 21 - The two Koreas' first government-level meeting in 14 months lasted for about 20 minutes last night in Gaeseong where a South Korean worker is held in custody. "The meeting started at 8:35pm and ended at 8:57pm at the North's office of the Central Special District General Bureau," Unification Ministry spokesman Kim Ho-nyoun told reporters. "We do not know about the outcome of the talks yet, but we insisted on our rights to meet with the detained engineer surnamed Yoo as confirming our citizen's condition and safety is the most important for us." The brief meeting, proposed by the North last week to "make an important notice related to the operation of the joint industrial park in Gaeseong," took place at the height of tension over its continued military threats against Seoul's plan to join a US-led security campaign. [More>>koreaherald.co.kr] 4.21.09 US signs Afghanistan transit deal with Tajikistan: US official DUSHANBE, Tajikistan (AFP) April 21 - The United States and Tajikistan have agreed a deal on the transit of non-military cargoes for Western operations in Afghanistan, US assistant secretary of state Richard Boucher said Tuesday. [More>>timesofindia.com] 4.21.09 'Nearly 100 terrorists sneek into Jammu and Kashmir' SRINAGAR, India, April 21 - Nearly 100 militants belonging to Lashker-e-Taiba, Jaish-e-Mohammed and Harkat-ul-Mujahideen have managed to slip into Jammu and Kashmir in recent weeks, after which the authorities beefed up security around key installations in the state. The Line of Control in Kupwara and Baramulla along North Kashmir and along Rajouri in Jammu region had witnessed over a dozen infiltration bids in the past three weeks. Official sources said despite engaging terrorists at various places, nearly 80 ultras managed to enter through Shamasbari range into Bandipore area in North Kashmir and hills of Rajouri in Jammu division. 4.21.09 Japan stocks tumble on renewed bank fears TOKYO, April 21 - Japanese stocks tumbled Tuesday, with investors rattled by a blowout in problem loans at a major US bank and an unsettling production outlook for Toyota Motor Corp. The benchmark Nikkei 225 stock average declined 213.42 points, or 2.4%, to 8,711.33 — its lowest closing level in two weeks. The broader Topix fell 2.1% to 830.72. 4.21.09 Global banking losses to hit $4 trillion April 21 - The huge losses inflicted on banks across the West by the credit crisis and past, lax lending are set to soar to $4 trillion (£2.75 trillion), the International Monetary Fund (IMF) said today. Confirming massive loss estimates first revealed by The Times two weeks ago, the IMF says that the mounting toll on banks from the worst global recession since the Second World War is leading write-offs from loans to spiral. In an analysis, the fund has sharply increased its estimate of losses on lending first made in the US for a second time, to $2.7 trillion. That is up from an initial forecast of slightly less than $1 trillion and an updated $2.2 trillion estimate released six months ago. 4.20.09 Walkout at UN conference after Iran president calls Israel 'racist' April 20 - British delegates joined a dramatic diplomatic walkout today when President Ahmadinejad of Iran told a major UN conference against racism that the state of Israel had been founded "on the pretext of Jewish suffering" during the Second World War. Around 20 delegates, including envoys from the UK, France, and Finland stood up and left the room at what was considered an anti-Semitic remark by the Iranian leader, who has repeatedly called for Israel to be wiped off the map. 4.20.09 Wall St. slides as investors doubt banks NEW YORK, April 20 - Concerns Surrounding Levels Of Bad Debt Outweighs Profits, News Of Oracle Acquiring Sun Microsystems. Investors grew fearful Monday that a recovery by the nation's biggest banks could be endangered by rising levels of bad debt. Stocks fell sharply Monday after Bank of America Corp. said it set aside $13.4 billion to cover bad debts even as it posted earnings that came in ahead of expectations. Other big banks have also put up similar increases in provisions for soured loans as they reported results in recent weeks. 4.20.09 Lawsuit against Army Corps over Katrina begins NEW ORLEANS, April 20 - A groundbreaking civil suit begins in federal court here today to consider claims by property owners that the Army Corps of Engineers amplified the destructive effects of Hurricane Katrina by building a poorly designed navigation channel adjacent to the city. The Mississippi River-Gulf Outlet, a 76-mile-long channel known locally as MR-GO and pronounced "Mister Go," was completed in 1968 and created a straight shot to the Gulf of Mexico from New Orleans. The suit claims that the channel was flawed in its design, construction, and operation, and that those flaws intensified the flood damage to the eastern parts of New Orleans and St. Bernard parish. 4.20.09 Pakistan attacks militants after bomb; 20 dead PARACHINAR, Pakistan (Reuters) April 20 - Pakistani jets and helicopter gunships killed 20 militants, residents and a military official said on Monday, in an attack on a Taliban commander who claimed responsibility for a bombing last week. Escalating militant violence has raised fears that nuclear-armed Pakistan, a US ally whose cooperation is vital for efforts to bring stability to Afghanistan, will fail to stop the spread of the Taliban and al-Qaeda. Pakistani aircraft attacked three camps of Pakistani Taliban commander Hakimullah Mehsud in the Orakzai ethnic Pashtun tribal region, 170 km (100 miles) west of Islamabad, on Sunday, residents and a military official said. "Our jets and helicopters attacked suspected hideouts of militants in the Ghiliju area and killed 20 militants," said a military official who declined to be identified. Mehsud, an ally of Pakistani Taliban leader Baitullah Mehsud, claimed responsibility for a suicide car-bomb attack on a security convoy, near the town of Kohat, near Orakzai, on Saturday. The bomber killed 25 soldiers and two passers-by. [More>>khaleejtimes.com; See also, 4.20.09 Suicide bomber kills three Iraqi policemen BAGHDAD, April 20 - A suicide bomber wearing an Iraqi military uniform killed three Iraqi police officers and wounded eight American soldiers north of Baghdad on Monday morning, US and Iraqi authorities said. The bomber detonated explosives about 10am, officials said. He was standing near a group of soldiers who were headed to a meeting with the mayor of Baqubah, the capital of restless Diyala province. [More>>washingtonpost.com] 4.20.09 Armenia to receive $400 million loan to build railway to Iran YEREVAN, Armenia (RIA Novosti) April 20 - Armenia has reached an agreement with Iran on a $400 million loan for the construction of a railway between the two countries, the Armenian transport minister, Gurgen Sargsyan, said on Monday. An agreement on the construction of the strategic route was signed by Armenia's Sargsyan and his Iranian counterpart, Hamed Behbahani, on April 14 in Tehran. A working group will take about three months to carry out a feasibility study... The railway, with the Armenian section connecting the northern city of Sevan to the southern city of Meghri on the border with Iran, will ensure the transportation of energy supplies and other goods, and increase trade between the countries. Landlocked Armenia, currently under economic blockade by Turkey and Azerbaijan, has rail links with other countries only through the territory of Georgia, which is complicated by Tbilisi's often fractious relations with Moscow...[Full story>>en.rian.ru] 4.20.09 China to build 5 nuclear power plants this year BEIJING (AP) April 20 - China is planning to build five nuclear power stations this year to reduce the country'sreliance on coal and oil, state media reported Monday. The plants will be built in China's eastern provinces of Zhejiang and Shandong, as well as Guangdong and Hainan in the south, the official Xinhua News Agency cited the National Energy Administration as saying...China currently has six nuclear power plants, all located on the east coast. Beijing is also promoting solar, wind and other renewable energy, but is expected to continue to rely heavily on coal and oil. [Full story>>khaleejtimes.com] 4.20.09 Egypt, thou knew'st too well: is Cleopatra's final secret out? April 20 - Archaeologists believe they are on brink of discovering queen's final resting place. Just as he did fictitiously with Romeo and Juliet, William Shakespeare immortalised Antony and Cleopatra as a tragic tale of a defeated couple. But unlike Verona's star-crossed lovers, Marc Antony and Cleopatra's final resting place has remained a mystery. Now archaeologists believe they are on the cusp of a conclusive discovery. Three sites buried deep underneath the crumbling limestone of a 2,000-year-old temple are thought to contain a series of complex systems of tunnels which archaeologists believe could lead to the tomb of the two lovers. And to prove it, Zahi Hawass, director of Egypt's Superior Council for Antiquities, showcased a range of items yesterday that have been found at the site at Burg El-Arab, nearAlexandria. They include 22 coins bearing Cleopatra's image, a fragment of a mask — with a cleft chin which he believes could belong to Antony — and 10 mummies of apparent nobles. "The discovery of the cemetery this week really convinced me that there is someone important buried inside this temple," he said. "No one would be buried outside a temple without a reason. We saw in the pharaonic days, they were always buried beside pyramids." Urging caution, he added: "If you look at the face of Mark Antony, many believed he had this cleft on his chin and that's why I thought this could be him." [More>>independent.co.uk; See wikipedia.org for Roman images of Mark Antony] 4.20.09 Australian mum jailed in Kuwait KUWAIT CITY (AFP) April 20 - Kuwait's court sentenced an Australian mother of Arab origin to two years in jail for allegedly insulting the emir, her lawyer said."I will appeal the verdict tomorrow," lawyer Falah al-Hajraf said. "My client has denied the charge during the trial and insisted she committed no wrongdoing." Nasra al-Shimmari, 43, was arrested at Kuwait airport in December after she allegedly insulted Emir Sheikh Sabah al-Ahmad al-Sabah, during a quarrel between her children and husband and an airport employee. She has been in jail since her arrest along with two of the couple's seven children. Her husband and the other five children were not allowed into the oil-rich Gulf state. 4.18.09 Obama, Chavez shake hands at Americas Summit PORT-OF-SPAIN, Trinidad (AP) April 18 - Presidents Barack Obama and Hugo Chavez, Venezuela's socialist leader, met on Friday and shook hands on the sidelines of a summit of their hemisphere's democracies. Obama walked across a hotel meeting room to meet Chavez for the first time, said a senior US administration official who witnessed it and spoke on condition of anonymity to discuss the details of the event. The official said Obama initiated the encounter. Chavez has been a fierce critic of the United States during President George W. Bush's tenure. "We shook each other's hands like gentlemen, and it was predictable this would happen," Chavez said. "We don't have any complexes that would prevent us from extending our hands to each other. I'm grateful for his gesture." Photos released by the Venezuelan government show the two smiling and Obama touching Chavez on the shoulder. Other photos show them with clenched hands in the room next to the main summit ballroom while the heads of state and government were waiting in line to enter the opening ceremony. The Venezuelan presidency also said Obama initiated the handshake and quoted Chavez as telling Obama he hopes for better relations between their nations. [>indianexpress.com; See also: 4.18.09 20 dead in Mexico drug attacks, including US citizen CIUDAD JUAREZ, Mexico (AFP) April 18 - Twenty people were killed in the latest suspected Mexican drug attacks, including a US citizen, officials said Friday, hours after US President Barack Obama vowed to help Mexico fight violent cartels. More than 7,000 people have been killed since the start of last year in clashes between Mexican cartels and security forces, amid a military crackdown involving tens of thousands of troops. In the latest violence, a carload of gunmen shot dead a 32-year US citizen as he entered a house in the northern border city of Ciudad Juarez overnight Thursday, the deputy state attorney general's office said Friday. 4.18.09 Bank profits mask peril still lurking April 18 - Citigroup announced a surprisingly strong first-quarter profit yesterday, the latest bank to report a sharp improvement from the disastrous final months of 2008. The earnings bloom, however, is probably a false spring, according to bank executives and financial analysts. Banks rise and fall with the economy. As prosperity recedes, more people and companies are defaulting on loans. The nation and its banks still face grave challenges, they said. "We don't see the light at the end of the tunnel," Edward "Ned" Kelly, Citigroup's chief financial officer, said in an interview, referring to the state of the economy. His company, the most troubled of the large banks, reported that defaults increased during the first quarter on nearly every kind of consumer loan. J.P. Morgan Chase also announced strong earnings this week. The company's chief executive, Jamie Dimon, also did not see in those results evidence of recovery. [More>>washingtonpost.com; See related story, 4.18.09 British intelligence prosecution fear over US torture memos April 18 - Fresh revelations about the CIA's torture techniques have thrown the spotlight on British Intelligence, which gained valuable insight into terror networks from confessions extracted by American officers. They have raised further fears that British agents could be prosecuted for their indirect role in the abuse of detainees. Documents declassified this week by the Obama Administration — four US Justice Department memos authorizing “harsh interrogation” — show that the CIA based more than 3,000 intelligence reports on the questioning of “high-value” terror suspects from September 11 2001 to April 2003. They were sanctioned by US government lawyers during the Bush presidency, and MI5 and MI6 would have had access to huge amounts of such material. They include the alert that led to the decision by Tony Blair in February 2003 to send 400 troops in light tanks to Heathrow after a warning of an imminent attack on airliners coming into the airport. Another led to the deployment of special forces to intercept a cargo vessel, the MV Nisha, off the Isle of Wight in December 2001 because of intelligence that a ship in the English Channel might be carrying biological weapon components. [More>>timesonline.co.uk; See related stories: independent.co.uk, April 18, "Obama attacked from all sides over CIA memos" : Former Bush aides condemn release of sensitive documents / Human rights groups criticise immunity given to interrogators. The White House was engulfed by a maelstrom of anger yesterday after its decision to release memos from the Bush era providing legal cover for "enhanced" interrogation techniques in secret CIA prisons. At the same time, it made promises to protect those who implemented them from prosecution. The act of releasing the memos with almost no blacking out of sensitive sections was attacked by two senior former Bush aides. Michael Hayden and Michael Mukasey, who served respectively as CIA director and US attorney general, said their publication "was unnecessary as a legal matter, and is unsound as a matter of policy." Perhaps more controversial was the decision to couple their publication with assurances from Barack Obama and his Attorney General, Eric Holder, that no one who carried out interrogations using the now disavowed techniques, including forcing detainees to stand naked for hours and slamming them against walls, would face prosecution... cbsnews.com, April 18, "UN official: No pass for torturers" : President Barack Obama's decision not to prosecute CIA operatives who used questionable interrogation practices violates international law, the UN's top torture investigator said Saturday. On Thursday, Obama absolved CIA officers from prosecution for harsh, painful interrogation of terror suspects under the former Bush administration. The announcement was met with disappointment from human rights groups and former detainees who condemned such methods as torture. In a brief telephone interview with The Associated Press, Manfred Nowak, an Austrian who serves as a UN special rapporteur in Geneva, said the United States had committed itself under the UN Convention against Torture to make torture a crime and to prosecute those suspected of engaging in it... 4.18.09 North Korea: Sanctions a declaration of war April 18 - North Korea said Saturday any sanctions or pressure applied against it following its rocket launch earlier this month will be considered a "declaration of war." In an announcement on state-run television, the country said it was ready to step up efforts to develop nuclear weapons and poised for a military response to any moves against it. "The revolutionary armed forces of the DPRK are always keeping themselves fully ready to go into action any moment to mercilessly punish anyone who encroaches upon the sovereignty and dignity of the DPRK even a bit," it said. On Monday the United Nations condemned North Korea — which refers to itself as the Democratic People's Republic of Korea, or DPRK — for launching a rocket. [More>>cnn.com; See related story, xinhuanet.com, April 18, "DPRK proposes talks with South Korea."] 4.18.09 'IAF readying swift strike on Iran' April 18 - The IAF is preparing for the possibility that it will need to attack Iran's nuclear facilities at several hours' notice, The London Times reported Saturday. According to an unnamed Israel security official quoted by the paper, "Israel wants to know that if its forces were given the green light they could strike at Iran in a matter of days, even hours." "They are making preparations on every level for this eventuality," the source said. "The message to Iran is that the threat is not just words." According to the paper, such an attack would involve strikes on over a dozen targets, including the uranium enrichment facility in Natanz, the uranium conversion facility in Isfahan, the heavy water plant in Arak, as well as moving convoys. [More>>jpost.com]; See also timesonline.co.uk] 4.18.09 Iran jails US-Iranian reporter for 8 years TEHRAN (Reuters) April 18 - An Iranian-American journalist accused in Iran of spying for the United States has been sentenced to eight years in jail, her lawyer said on Saturday, five days after she was put on trial. The jailing of Roxana Saberi could become a source of tension between Iran and the United States at a time when Washington is trying to reach out to the Islamic Republic following three decades of mutual mistrust. Iran's judiciary earlier this week said Saberi went on trial on Monday at a Revolutionary Court, which handles state security issues. "She has been sentenced to eight years ... I will appeal," lawyer Abdolsamad Khorramshahi told Reuters. The United States has called the charges against Saberi, a freelance reporter who has worked for the BBC and National Public Radio, ‘baseless and without foundation’ and demanded her immediate release. [More>>khaleejtimes.com] 4.18.09 20 killed in suicide blast at police check post in Pakistan ISLAMABAD, April 18 - A suicide bomber on Saturday rammed his explosive-laden vehicle into a police check post killing 20 people, most of them security personnel, in Pakistan's troubled Northwest Frontier Province. In second such attack on security forces within a week, the bomber targeted the check post located in Doaba area of Hangu district, which is surrounded by the troubled Aurakzai, Kurram and North Waziristan tribal regions. [More>>timesofindia.indiatimes.com] 4.18.09 Egypt uncovers 5 smuggling tunnels near Gaza border April 18 - Egyptian security forces have in recent days discovered five tunnels on the border with Gaza used to smuggle contraband into the coastal territory, Israel Radio reported on Saturday. A security official said the tunnels, found north of the Egyptian border town of Rafah, would be destroyed. Egypt on Saturday opened its border with the Gaza Strip for limited numbers of humanitarian cases, a Hamas spokesman said. [More>>haaretz.com] 4.18.09 NATO frees hostages from pirates MOGADISHU (Reuters) April 18 - Dutch commandos freed 20 Yemeni hostages on Saturday and briefly detained seven pirates who had forced the Yemenis to sail a "mother ship" attacking vessels in the Gulf of Aden, NATO officials said. In a separate incident, gunmen from Somalia seized a Belgian-registered ship and its 10 crew, including seven Europeans, further south in the Indian Ocean. A pirate source said the vessel, the Pompei, would be taken to the coast. Somali sea gangs have captured dozens of ships, taken hundreds of sailors prisoner and made off with millions of dollars in ransoms despite an unprecedented deployment by foreign navies in waters off the Horn of Africa. ...In a Reuters interview late on Friday, Puntland President Abdirahman Mohamed Farole also blamed ship owners for paying ransoms that encouraged impoverished youths to join the gunmen. "But the root cause of this piracy, as everyone knows, is illegal fishing," Farole said in neighboring Kenya. [Full story>>thestar.com.my; See related story, 4.18.09 Philippine forces 'rescue' Swiss hostage April 18 - Philippine security forces have "rescued" a Swiss Red Cross worker held hostage for three months by a separatist group, government officials have said. Officials said Andreas Notter, 38, was freed early on Saturday with the help of "combined initiatives in all fronts," including the intervention of several Muslim clerics. Cerge Remonde, a presidential spokesperson, said: "This is a major breakthrough that we hope shall eventually lead to the rescue of the last remaining hostage." But another hostage, 62-year-old Eugenio Vagni, is still being held by the armed Abu Sayyaf group. [More>>aljazeera.net] 4.18.09 Microbes that 'breathe iron' are found in Antarctic April 18 - Unique organisms have developed from more than a million years in isolation. A community of microbes that have lived cut off from the rest of the world for more than 1.5 million years has been discovered beneath a vast glacier in the Antarctic. The organisms have survived in total darkness on nothing but the minerals and long-decayed organic matter that were also trapped at the base of the glacier. Instead of breathing oxygen, they have learnt to "breathe" iron to produce energy. The discovery of the microbes demonstrates the tenacious capacity of life to survive in the most extreme environments, and raises the prospect that it may one day be possible to find life in equally extreme environments both on Earth and on other planets.
EDITORIALS 09.11.05 When a nation lacks a competent leader it invites disaster – the legacy of Bush
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