Bank funding costs are rising, liquidity is being choked off, and interbank lending has started to stall. A full-blown crisis can still be averted, but leaders will have to knuckle down and resolve the political issues fast. Otherwise the 17-member monetary union will fracture and the euro will be kaput. Here’s a clip from the Wall Street Journal: Commercial banks …

August 30, 2011 – As former Vice President Dick Cheney publishes his long-awaited memoir, we speak to Col. Lawrence Wilkerson, former chief of staff to Secretary of State Colin Powell. "This is a book written out of fear, fear that one day someone will 'Pinochet' Dick Cheney," says Wilkerson, alluding to the former Chilean dictator Augusto Pinochet, who was arrested …

Crescent for Shawwal has been sighted. Therefore, Eid ul Fitr will be tomorrow (31-Aug-2011) – ACJU Sri Lanka From SMF Team

LONDON: British special forces are on the ground in Libya helping to lead the hunt for Muammar Gaddafi. As a $1.6 million bounty was placed on his head, soldiers from 22 SAS Regiment began guiding rebel soldiers after being ordered in by the Prime Minister, David Cameron. For the first time, defence sources have confirmed the SAS has been in …

Some years ago, in the Indian site www.bharat-rakshak.com, this columnist had written of the NATO militaries as resembling an army of simians. Such a force – if let loose within a confined space – can create immense damage, but are unable to clean up the resultant mess. This is precisely what the world has witnessed in Iraq. Despite more than a decade …

Details of the story don't add up. Footage of the raid either exists or doesn't. The tale of that night in Abbottabad keeps getting more muddled. You don't have to be a conspiracy theorist to be still scratching your head about the end of Osama bin Laden. Between the Obama administration and major media reports, there have been multiple divergent accounts of …