Global News (03/10/09)

Guantanamo detainees say they planned Sept. 11: report (Reuters):
WASHINGTON (Reuters) – The five detainees at the U.S. Guantanamo Bay prison camp charged with plotting the September 11 attacks have filed a document expressing pride at their accomplishment and accepting responsibility for the deaths of nearly 3,000 people, The New York Times reported on Monday. (They would have also admitted to be Jesus Christ while tortured.)

‘Dozens dead’ in Baghdad bombing (BBC News):
At least 33 people, including a local army chief, have died and 46 have been injured in a suicide attack on the western edge of Baghdad, officials say.

Analysis: so much more than a naval water fight (Times Online):
The Pentagon accused the Chinese of “harassment” in international waters; Beijing denounced the Americans for operating illegally in its exclusive economic zone. (What would the reaction be if China would operate its Navy very close to the U.S.?)

53% Say It’s Likely the U.S. Will Enter a Depression Similar to 1930’s (Rasmussen Reports)

World in grip of ‘Great Recession’, IMF warns (Telegraph):
The world is now in the grip of the “great recesssion” and global economic growth could dip below zero for the first time in sixty years, said Dominique Strauss-Kahn, the head of the IMF. Last month he said the IMF expected zero growth in 2009 and the month before that the fund released data including a 0.5pc global growth forecast.

Intelligence pick wants national ID (WorldNetDaily):
JERUSALEM – Following the 9/11 attacks, President Obama’s nominee for a top intelligence post advocated that to effectively combat terrorism, the U.S. government should implement a national identity system, “so we better know who is who.” In testimony before the 9/11 commission, Charles “Chas” Freeman, the U.S. ambassador to Saudi Arabia during the first Gulf War, also recommended conducting the war on terrorism primary as a law enforcement effort.

Hedge Funds May Cut 20000 Jobs as Losses Erode Fees (Bloomberg):
March 10 (Bloomberg) — Hedge funds may cut 20,000 workers worldwide this year, a record 14 percent of the industry’s jobs, as investment losses and client withdrawals erode fees.

Never waste a good crisis, Clinton says on climate (Reuters)

United Technologies to Cut 11600 Jobs Worldwide (Bloomberg)

French industrial production plunges (Financial Times):
French industrial production plunged dramatically by an annual rate of 13.8 per cent in January, the biggest drop since the official series began in 1980, as the deepening recession slashed demand for manufactured goods.

Kodak, MGM Mirage Among 283 Firms at Highest Default Risk (Bloomberg)

Dow ends up nearly 380 on Citigroup profit news (AP)

Japan bankruptcies soar by 10 per cent (Telegraph)

EADS warns on A400M debacle (Financial Times):
Cancellation of the A400M military transport aircraft project could cost EADS €5.7bn in repayments to European governments, Europe’s leading aerospace and defence group warned on Tuesday.

McClatchy to slash 1600 jobs, cut executives’ pay (Reuters):
The news drove McClatchy shares down as much as 35 percent in Monday morning trading to 44 cents a share, after having lost 95 percent of their value over the last 12 months.

RBS to pump £800m of taxpayers’ money into pension schemes (Telegraph):
Royal Bank of Scotland, the stricken bank bailed out by the Government, is to use more than £800m of taxpayers’ money to bolster its pension schemes – which include the £703,000-a-year payout to Sir Fred Goodwin, the former chief executive.

Drugs giants Merck, Schering-Plough, Roche and Genentech in $90bn mergers (Telegraph):
Four of the world’s largest pharmaceuticals companies are to become two in a pair of deals worth almost $90bn (£65bn), which are likely to accelerate consolidation elsewhere in the sector.

China accuses US Navy of breaking the law (Telegraph)

Men who take vitamin C supplements are less likely to develop gout (Telegraph)

Chimpanzee planned stone attacks on zoo visitors (Independent)

What do cars and cows have in common? No, not horns (Times Online):
A cow tax of €13 per animal has been mooted in Ireland, while Denmark is discussing a levy as high as €80 per cow to offset the potential penalties each country faces from European Union legislation aimed at combating global warming.
((( More information:
Japan’s boffins: Global warming isn’t man-made (The Register)

Al Gore sued by over 30.000 Scientists for fraud (YouTube)
World is getting colder: It’s the sun, not CO2, that’s to blame (Washington Times)
Global warning: We are actually heading towards a new Ice Age, claim scientists (Daily Mail)

Scientists find greenhouse gas hysteria to be myth (World Net Daily)
2008 was the year man-made global warming was disproved (Telegraph)
Army: Sun, Not Man, Is Causing Climate Change (Wired)
World might be heading towards Ice Age (Economic Times)

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