09/27/11

Permalink BBC Speechless As Trader [?] Says: "The Collapse Is Coming...And Goldman Rules The World"

Trader on the BBC says Eurozone Market will crash. - In a scary and painfully frank interview a freaked out BBC interviewer is visibly shaken when market trader Alessio Rastani predicts that the "Market is Toast." While we do not know who this trader is, one thing we can be 100% certain of is that he will never appear on CNBC.

LeadingTrader: About Alessio Rastani
Felix Salmon: Is Alessio Rastani a Yes Man?


Permalink Top NATO commander visits Turkey after talks in Israel

James Stavridis, commander of the United States European Command (USEUCOM) and NATO's Supreme Allied Commander Europe (SACEUR), came to Ankara for a “routine visit,” Foreign Ministry officials said. He is due to have talks with Turkish officials on Tuesday, but there was no information regarding who he was schedule to meet with. - Turkish media speculated that Stavridis is expected to discuss the planned deployment of US radar on Turkish soil as part of a NATO-backed missile defense program designed to protect European allies of NATO against missile threats. A row between Turkey and Greek Cyprus over gas and oil exploration rights in the Eastern Mediterranean and the future status of a NATO base in the western Turkish province of İzmir are also expected to be discussed in Stavridis' talks in Ankara.


Permalink Pakistan warns U.S. 'You will lose an ally' if accusations continue

Pakistan's foreign minister said on Thursday the United States risks losing an ally if it continues to publicly criticise Islamabad's performance in the war against militancy. "You will lose an ally," Hina Rabbani Khar told Geo TV in New York. "You cannot afford to alienate Pakistan, you cannot afford to alienate the Pakistani people. If you are choosing to do so and if they are choosing to do so it will be at their (the United States') own cost." Khar was responding to a Senate testimony by the outgoing chairman of the Joint Chiefs of Staff, Admiral Mike Mullen, who said Pakistan's top spy agency was closely tied to the Haqqani Network, the most violent and effective faction in the Afghan Taliban insurgency.

Express Tribune: White House calls on Pakistan to break ties with Haqqani Network
AwamiWeb: Haqqani Network Was Set Up By USA: Hina Rabbani
IRIB: USA drohen Pakistan mit Angriff
The Nation: China supports Pakistan’s sovereignty, territorial integrity
Pakistan News Online: Top Chinese security official visits Pakistan
Jason Ditz: Pakistan Scrambles for New Allies as US Split Looms
Jacob G. Hornberger: Another Official Enemy for the Empire
Paul Craig Roberts: The Latest Orchestrated Threat and The End of History


Permalink 1941 ship torpedoed by U-boat is discovered on sea bed with huge silver treasure

The wreckage of a British cargo ship believed to be carrying up to 240 tons of silver [worth £155m or USD 242 million] has been discovered in the North Atlantic – 70 years after it was sunk during the Second World War.

SS Gairsoppa was steaming home from India in 1941 while in the service of the Ministry of War Transport when she was torpedoed by a Nazi U-boat. She sank in icy seas more than three miles deep about 300 miles south west of Ireland. Only one of her 84 crew survived. U.S. salvage firm Odyssey Marine Exploration announced the find, about 4,700 metres, or three miles, below the sea, yesterday. In what is believed to be the deepest and largest ever retrieval of a precious cargo, the firm will next spring dive to recover a haul estimated to be worth £155million. Under its contract with the Department for Transport, Odyssey will keep 80 per cent of the value of the silver. The 412-ft steamship is sitting upright on the seabed, with its holds open. Odyssey said a robot submersible captured video footage showing tea chests, a sign that the heavier consignment of silver was underneath.


Permalink Mission accomplished! Iraq Completes Deal to Buy F-16s

Iraq has finalized a deal to buy advanced U.S. fighter jets, the first step toward building a modern postwar air force, officials said. - Iraq has yet to publicly announce completion of the deal to buy 18 F-16s, but officials in Washington said an initial payment of $1.5 billion has been received. The deal is considered sensitive in Iraq, and the Pentagon and State Department have declined to comment until Baghdad makes a formal announcement. Iraq had plans to buy the planes earlier this year, but froze them for a time following the Arab Spring protests across the region. The decision by Iraqi Prime Minister Nouri al-Maliki to go forward with the purchase followed an unexpected surge in government oil revenue, officials said.

MSNBC: Iraq to buy US warplanes worth around $3 billion


Permalink Erdogan: UN sanctions on Israel could aid Mideast peace process

Turkey's PM asks: Why are UN sanctions promoted as a means of dealing with Iran and Sudan, but taboo with regards to Israel? - Sanctions imposed by the United Nations on Israel would have resolved the issue of Mideast peace long ago, Turkish Prime Minister Recep Tayyip Erdogan said in an interview on Monday, adding that he felt the Quartet on the Middle East was not genuinely seeking to resolve the conflict between Israel and the Palestinians. Asked on the steps that could have been taken by the international community to further peace negotiations between Israel and the Palestinians, Erdogan reiterated claims made during a recent speech to the United Nations General Assembly, according to which the UN was not acting on anti-Israel resolutions.

"Until today, the UN Security Council has issued more than 89 resolutions on prospective sanctions related to Israel, but they've never been executed," Erdogan said, asking: "One might wonder why no sanctions have been imposed on Israel."


Permalink Erdogan: 'Why is Israel allowed to have nukes?'

Turkish Prime Minister Recep Tayyip Erdogan says the West practices double standards in regard to Israel's nuclear arsenal. - In an interview with CNN on Sunday, Erdogan noted that Israel is the only player in the Middle East that has nuclear weapons and asked, “Why is it that countries banning Iran from having nuclear weapons don't also ban Israel from having nuclear weapons?” Turkey downgraded ties with Israel after Tel Aviv refused to apologize for its attack on the Gaza Freedom Flotilla, which left nine Turkish citizens dead on May 31, 2010. Earlier in September, the Turkish Economy Minister said Ankara would continue its “normal” economic ties with Tel Aviv. From January 2011 to July 2011, trade between Turkey and Israel reached $2.3 billion.


Permalink Wall St. rallies persist amid crackdown - Video

Hundreds of demonstrators continue their protests in New York City against the US financial system and Wall Street practices despite a heavy crackdown by the police, Press TV reports. - The anti-corporatism activists, camped out in Manhattan's financial district, have been marching towards the site of the New York Stock Exchange on a daily basis since September 17 in a protest movement dubbed “Occupy Wall Street.” The demonstrators came to the streets to protest the influence of corporate greed on American politics and the widening gap between the super rich and those struggling in the aftermath of the US financial crisis. At least 80 people have been arrested, as demonstrators continue to denounce the excessive use of force against them by New York police officers. During a violent clash with police on Saturday, dozens were corralled on a sidewalk and doused with pepper spray. The demonstrators are trying to keep their campaign alive by posting videos and images to make up for what they call a virtual media blackout on the anti-government demonstrations.


Permalink Civilian home attacked by NATO missiles

The whole family in this house was killed...This is the war of NATO and its Rebels...See what NATO and Armed Gangs has brought to Libyan people...


Permalink Families Flee As Libyan Rebels Attack Sirte

'We're Going to Punish Even Those That Supported Moammar With Words'. - That was the grim warning from one of the rebel fighters poised to attack Moammar Gadhafi’s hometown of Sirte. It was warnings like these, as well as the violent depopulation of loyalist cities like Tawarga that has Sirte’s civilian residents hoping to flee, with many families looking to head out of town as the rebels move in. Getting out is easier said than done, however, as civilians trying to flee find themselves captured by the rebels and checked against long lists of dissidents which they intend to intern, and very few seem to be successfully fleeing.


Permalink Libya: NTC concocts mass grave story in brazen propaganda ploy

In a truly stunning display of dishonesty, the BBC has reported, citing no evidence to back its claim, that a mass grave containing over 1,200 bodies has been found in Tripoli’s Abu Salim prison complex. The BBC attempts to tie this ‘finding’ to the equally concocted ‘Abu Salim prison massacre’, as it claims that the bodies are those of the inmates supposedly killed in 1996. In a piece posted today after a NTC news conference, the BBC uses the headline: “More than 1,200 bodies found in Tripoli mass grave“. Categorically, absolutely, unequivocally, this is an out-and-out lie; 1,200 bodies have not been found. Not a single body has been found. In fact, no excavation has been performed, and no more than ‘several bone fragments’ have been discovered, according to the NTC.

CNN: Looks like next rebel lie is falling appart. CNN admits that bones are not human