Recent Posts

May, 2012

  • 28 May

    12-year-old blasts Canada’s banks – Victoria Grant’s critique of financial system goes viral

      Canada's banking system has been the subject of international praise from economists grappling with global turmoil, but one 12-year-old girl begs to differ. Victoria Grant of Cambridge, Ont. is earning a reputation as a financial pundit after her tirade against her homeland's borrowing practices went viral on YouTube. Grant is already a veteran of the financial lecture circuit, but …

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  • 28 May

    REFUGEES FROM NORTH OF SRI LANKA IN CROW ISLAND, COLOMBO. EYE WITNESS REPORT ON THE PRESENT STATUS AND A PROJECT PROPOSAL

     “Even though they have been living for twenty years in Colombo, away from home, none can claim that leaving their home town and settling in Colombo have gained any advantage. It has been agony and problems and difficulties one after another. The pain of living in refugee camp worsened when the entire compound was inundated with water when Tsunami hit …

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  • 28 May

    Washington’s Hypocrisies By Paul Craig Roberts

    The US government is the second worst human rights abuser on the planet and the sole enabler of the worst–Israel. But this doesn’t hamper Washington from pointing the finger elsewhere. The US State Department’s “human rights report” focuses its ire on Iran and Syria, two countries whose real sin is their independence from Washington, and on the bogyman- in-the-making–China, the …

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  • 24 May

    U.N. Chief Disappointed Over Deadlocked Rio+20 Negotiations By Thalif Deen

      Secretary-General Ban Ki-moon speaks at the General Assembly's debate, "The Road to Rio+20 and beyond", on May 22.  Credit:UN Photo/JC McIlwaine UNITED NATIONS, May 23, 2012 (IPS) – Secretary-General Ban Ki-moon, who has invested heavily in the success of the upcoming U.N. Conference on Sustainable Development (UNCSD), is publicly expressing his frustration at the lack of substantial progress on …

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  • 24 May

    Crash Alert By Mike Whitney

    As you might have noticed, the stock market is falling like a stone. As of 9 AM PST, the Dow Jones has dropped 172 points while all the other indices are down sharply. German 2-year debt (bund) has dipped below 0% this morning at auction, signalling an acceleration in the bank run taking place in southern Europe. Depositors in Spain, …

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  • 22 May

    The US military option for Iran is ‘ready,’ American ambassador to Israel says: By Michal Shmulovich and Greg Tepper

    The United States has completed its planning for a military strike on Iran, the US Ambassador to Israel Daniel Shapiro said in remarks at a closed conference in Tel Aviv that were broadcast on Israel TV on Wednesday night. “It would be preferable to resolve this diplomatically, and through the use of pressure, than to use military force,” Shapiro said …

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  • 18 May

    POINT OF VIEW: An agressive brand of state religion vs. others

    The Dambulla mosque fracas engineered by the militant elements of Sri Lankan Buddhists, the reaction to it by local Muslim politicians and Muslim religious leaders, the former threatening to withdraw their inconsequential support to the government while the latter urging Muslim masses to pray to Allah to restore the status quo, and the conflicting messages from the nation’s prime minister …

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