Iranian Students Storm, Ransack British Embassy in Tehran (Video)


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Iranian Students Storm, Ransack British Embassy in Tehran (The Blaze/AP, Nov. 29, 2011):

TEHRAN, Iran (AP) — Hard-line Iranian students stormed the British diplomatic compounds in Tehran on Tuesday, bringing down the Union Jack flag and throwing documents from windows in scenes reminiscent of the anger against Western powers after the 1979 Islamic Revolution.

The mob surged past riot police into the British Embassy compound – which they pelted with petrol bombs and stones – two days after Iran‘s parliament approved a bill that reduces diplomatic relations with Britain following London’s support of recently upgraded Western sanctions on Tehran over its disputed nuclear program.

Less than two hours later, police appeared to regain control of the site. But the official IRNA news agency said about 300 protesters entered the British ambassador’s residence in another part of the city and replaced British flags with Iranian ones. The British Foreign Office harshly denounced the melee and said Iran has a “clear duty” under international law to protect diplomats and offices.

“We are outraged by this,” said the statement. “It is utterly unacceptable and we condemn it.”

It said a “significant number” of protesters entered the compound and caused vandalism, but gave no other details on damage or whether diplomatic staff was inside the embassy, although the storming occurred after business hours.

Read moreIranian Students Storm, Ransack British Embassy in Tehran (Video)

Financial Red Alert: Europe Stands On Verge Of ‘Apocalyptic’ Debt Crisis, ‘Has Only Days To Avoid Collapse’

Problem – reaction – solution.


Financial red alert: Europe stands on verge of ‘apocalyptic’ debt crisis with only days remaining (Natural News, Nov. 29, 2011):

After years of working diligently to raise the alarm on the precariousness of the global financial system, it has become clear to me that most people still do not grasp the reality of where our global financial system really stands. We are on the verge of a systemic financial implosion that could very nearly wipe out the currency holdings (bank accounts) of hundreds of millions of people, and with each passing day, that long-postponed day of financial reckoning inches ever closer.

“If the European summit could reach a deal on December 9, its next scheduled meeting, the eurozone will survive. If not, it risks a violent collapse,” writes Wolfgang Münchau of the Financial Times (www.ft.com/intl/cms/s/0/d9a299a8-17…). Two years ago, such language would have been spat upon as “doom and gloom fear mongering.” Today it is the mathematical reality across the European Union.

The Polish foreign minister said today that what Europe faces is “a crisis of apocalyptic proportions” (http://www.ft.com/cms/s/0/d29da7fc-…) and urged what is essentially more useless debt bailout tactics to try to delay mathematical reality a little while longer.

I now believe that when the dust settles after the coming debt implosion wreaks economic havoc across the globe, more than a few banksters and money-changers will find themselves indicted, imprisoned, or possibly just hanging from a tall tree at the end of a short rope. That’s how angry the public is going to get when the full realization of the unprecedented theft and criminality of the global banking elite hits them, I fear.

10 days to the economic implosion of the Eurozone?

Read moreFinancial Red Alert: Europe Stands On Verge Of ‘Apocalyptic’ Debt Crisis, ‘Has Only Days To Avoid Collapse’

Germany Told To Act To Save Europe (Financial Times)

See also:

Dr. Paul Craig Roberts: Bankers Have Seized Europe – Goldman Sachs Has Taken Over – Failed German Bond Auction Orchestrated

Deutsche Bank Exercises In MADness: ‘Crisis Likely To Get Worse Before It Can Get Better … If Indeed It Ever Does’

Credit Suisse: We Are Witnessing The Last Days Of The Euro

German 10-Year Bond Auction A ‘Complete And Utter Disaster’, Would Have FAILED Without Bundesbank Intervention


Germany told to act to save Europe (Financial Times, Nov. 28, 2011):

Germany is the only country in Europe that can act to save the eurozone and the wider European Union from “a crisis of apocalyptic proportions”, the Polish foreign minister warned on Monday in a passionate call for more drastic action to prevent the collapse of the European monetary union.The extraordinary appeal by Radoslaw Sikorski, delivered in the shadow of the Brandenburg Gate in the German capital, came as the Organisation for Economic Co-operation and Development called on European leaders to provide “credible and large enough firepower” to halt the sell-off in the eurozone sovereign debt market, or risk a severe recession.

Read moreGermany Told To Act To Save Europe (Financial Times)

Israel Threatens To Cut Water And Power To Gaza

Israel has warned it might cut all support to the Gaza Strip, including vital water and power supplies, if the Palestinian Authority pursues its path towards reunification with militant group Hamas.

Israel threatens to cut water and power to Gaza (Telegraph, Nov. 27, 2011):

The threats were issued by Danny Ayalon, Israel’s deputy foreign minister, on Israeli Radio on Saturday in response to a recent meeting between Mahmoud Abbas, president of the Palestinian Authority, and Hamas leader Khaled Meshaal in Cairo.

Mr Ayalon claimed a deal with the extremist faction would turn the Palestinian Authority into “an authority of terrorism and this would block any hope of reaching any peace agreement with Israel”.

Israel currently provides around 60 per cent of Gaza’s electricity. The rest is either brought form Egypt or generated by Gaza’s own partially destroyed power station, run by the EU. Mekorot, Israel’s national water company, provides 5% of its water – a small but important contribution, according to Sari Bashi, who runs legal organisation GISHA supporting freedom of movement for Palestinians. Mr Bashi dismissed Mr Ayalon’s comments as “silly and irresponsible”.

“I can’t imagine Israel cutting off drinking water to civilians as a means of effecting the behaviour of militants. It would also be illegal,” she said.

“These policies of collective punishment – responding with anger as opposed to applying policy – have failed over and over again. I would expect the deputy foreign minister to think before he speaks.”

Read moreIsrael Threatens To Cut Water And Power To Gaza

China Supports Pakistan In Row Over NATO Border Attack

China says it is ‘deeply shocked’ by Pakistani soldiers’ deaths, as Afghan and Nato officials again say they came under fire first


Pakistan’s ally China says it is ‘deeply shocked’ by a cross-border attack by Nato forces in Afghanistan that killed 24 Pakistani soldiers Link to this video

China Supports Pakistan In Row Over NATO Border Attack (Guardian, Nov. 28, 2011):

China has stepped into the toxic diplomatic dispute between Pakistan and the United States, expressing its “deep shock and strong concern” over the deaths of Pakistani soldiers bombarded by Nato helicopters at a border post.

The intervention by the Chinese foreign ministry comes at a time when relations between the US and Pakistan are at their most strained for many years. It is being seen as a move by Beijing to strengthen its already close ties with Islamabad in the wake of Saturday’s air attack in which 24 Pakistani soldiers died.

The prime minister of Pakistan, Yousaf Raza Gilani, has threatened to “revisit” engagement with Nato following the deaths at the Mohmand border post, the deadliest such incident since the start of the Afghan war in 2001. “Business as usual will not be there,” Gilani told CNN .

Read moreChina Supports Pakistan In Row Over NATO Border Attack

Pakistan Permanently Closes Borders To NATO After Air Strike

Pakistan permanently closes borders to Nato after air strike (Telegraph, Nov. 28, 2011):

Pakistan has permanently closed its borders to Nato convoys supplying international troops in Afghanistan, according to the country’s interior minister, following an air strike that killed 24 soldiers at the weekend.

The announcement came as the Pakistan army claimed the attack lasted almost two hours and continued even after commanders at the bases pleaded with coalition forces to stop.

Closing the crossings will choke off almost half of all supplies destined for the Nato-led force — including British troops.

Read morePakistan Permanently Closes Borders To NATO After Air Strike

NATO Ignored Plea To Stop Air Strikes By Pakistani Commanders

Nato ‘ignored plea to stop attacks’ (Press Association, Nov. 28, 2011):

The Nato air strikes that killed 24 Pakistani soldiers went on for almost two hours and continued even after Pakistani commanders had pleaded with coalition forces to stop, the army has claimed.

Nato has apologised for the deaths in Saturday’s incident and promised a full investigation.

Read moreNATO Ignored Plea To Stop Air Strikes By Pakistani Commanders

US Carrier Strike Force Enters Syrian Waters

A no-fly zone over Syria is an act of war:

– Congressman Ron Paul (Highlights From Nov. 22, 2011 Debate): ‘If You Have A No-Fly Zone Over Syria That Is An Act Of War!’ – ‘What If We Had China Put A No-Fly Zone Over The US?’ (Video)


Mossad’s DebkaFile:

US carrier strike force enters Syrian waters. Russian carrier en route (DebkaFile, Nov. 26, 2011):

The Syrian crisis aassumed a big power dimension this week with the build-up of rival United States and Russia naval air carrier armadas in Syrian waters, debkafile’s military sources report.

The USS George H.W. Bush arrived Wednesday, Nov. 23, in the wake of the three Russian warships anchored earlier opposite Tartus which established a command post in the Syrian port. They will be augmented by Russia’s only air carrier the Admiral Kuznetsov, which is due in mid-week.

By deploying 70 ship-borne fighter-bombers plus three heavy guided missile cruisers and five guided missile destroyers opposite Syria, Washington has laid down military support for any intervention the Arab League in conjunction with Turkey may decide on.

Bashar Assad can see for himself that Washington has hoisted a nuclear aerial umbrella to protect its allies, Israel, Turkey, and Jordan, against the retaliation his armed forces high command pledged Friday for the deaths of six Syrian air force elite pilots in an ambush Thursday.

Read moreUS Carrier Strike Force Enters Syrian Waters

Senate Bill Would Allow US Military To Indefinitely Detain Americans Without Charge Or Trial Anywhere In The World

Senate Moves To Allow Military To Intern Americans Without Trial (InfoWars, Nov. 28, 2011):

NDAA detention provision would turn America into a “battlefield”

The Senate is set to vote on a bill today that would define the whole of the United States as a “battlefield” and allow the U.S. Military to arrest American citizens in their own back yard without charge or trial.

“The Senate is going to vote on whether Congress will give this president—and every future president — the power to order the military to pick up and imprison without charge or trial civilians anywhere in the world. The power is so broad that even U.S. citizens could be swept up by the military and the military could be used far from any battlefield, even within the United States itself,” writes Chris Anders of the ACLU Washington Legislative Office.

Under the ‘worldwide indefinite detention without charge or trial’ provision of S.1867, the National Defense Authorization Act bill, which is set to be up for a vote on the Senate floor this week, the legislation will “basically say in law for the first time that the homeland is part of the battlefield,” said Sen. Lindsey Graham (R-S.C.), who supports the bill.

The bill was drafted in secret by Senators Carl Levin (D-Mich.) and John McCain (R-Ariz.), before being passed in a closed-door committee meeting without any kind of hearing. The language appears in sections 1031 and 1032 of the NDAA bill.

Read moreSenate Bill Would Allow US Military To Indefinitely Detain Americans Without Charge Or Trial Anywhere In The World

Japanese Government Ordered Geiger Counters Manipulated To Display Lower Than Actual Radiation Levels

Ministry of Education orders false dosimeters (Fukushima Diary, Nov. 27, 2011):

Since 311, Japanese government pretended to check radiation level of various areas in Japan, but because they measure radiation at 14 m or 85 m high from the ground, nobody got to believe the data.

They therefore ordered 600 dosimeters from a Geiger counter maker named Alpha Tsushin.

Those dosimeters were supposed to be put at schools in Fukushima etc..

However, the Ministry of Education, Culture, Sports, Science and Technology stated they cancelled the contract on 11/18/2011 because “their dosimeter is not accurate and they can’t make 600 of the dosimeters by the deadline.”

However, according to the explanation of Alpha Tsushin, it was because the Ministry of Education, Culture, Sports, Science and Technology wanted false dosimeter.

The Ministry of Education, Culture, Sports, Science and Technology was afraid to show higher radiation levels than the monitoring posts set on 14 m or 85 m high from the ground, so they ordered Alpha Tsushin to make geiger counters to indicate lower radiation level than actual.

Alpha Tsushin uses parts from America, which are manufactured using international standards, but the Ministry of Education, Culture, Sports, Science and Technology tried to force the engineers to use the “Japanese standard”.

As a result, Alpha Tsushin was cancelled, luckily for them.

The company is planning to have a press conference to tell the truth.

(Source)

ECB Passes €200 Billion In Cumulative PIIGS Bonds Purchases: Now Monetizing 30% More Each Month Than The Fed

See also:

Presenting A Full List Of The ECB’s Non-Monetization Options (ZeroHedge, Nov. 28, 2011)


ECB Passes €200 Billion In Cumulative PIIGS Bonds Purchases: Now Monetizing 30% More Each Month Than The Fed (ZeroHedge, Nov. 28, 2011):

For a bank that everyone is bashing for “doing nothing” the ECB sure continues not only to be active in the open market but monetize well more than the Fed: in the past week the ECB’s SMP program announced it purchased €8.581 billion in PIIGS bonds in the open market, which brings total notional purchases to €209.1 billion over the life of the program since inception on May 14, 2010. However, due to interim maturities, about €5.5 billion have matured from the total holdings, which means that on a net basis, total purchases have only now passed €200 billion for the first time, and are now at EUR 203.5 billion. More importantly, since the resumption of the SMP program in August, the ECB has bought €131 billion in PIIGS bonds, or about $176 billion. This works out to just under $60 billion per month (and no, it is not sterilized when the sterilizing banks exist solely courtesy to ECB funding as noted before) and is just modestly less than what the Fed monetized on a monthly basis at its peak QE, and about 30% more than what the Fed does now during Operation Twist! ($45 billion monthly at last check) So… Who was it that said the ECB needs to print more?

First Repatriated Gold Shipment Lands In Venezuela


YouTube

First repatriated gold shipment lands in Venezuela (Reuters, Nov. 25, 2011):

CARACAS – Amid wild celebrations, a first shipment of gold bars arrived home in Venezuela on Friday after President Hugo Chavez ordered almost all the country’s foreign bullion reserves be repatriated from Western banks.

Excited crowds lined the roadside waving big Venezuelan flags and chanting “It’s returned! It’s returned!” as a convoy of soldiers and armored cars carried the ingots from Maiquetia airport to the central bank in Caracas.

Experts had cautioned that the operation, which will eventually transport more than 160 tonnes of gold bars worth more than $11 billion to the South American country, would be risky, slow and expensive.

Nelson Merentes, the president of the central bank, traveled into the city at the head of the convoy. He did not say how much gold was brought back in Friday’s shipment but said the bullion came from several European countries.

“Our gold is being stored in the vaults,” Merentes, sporting a baseball cap that read “The Central Bank of Venezuela with the People,” told the cheering crowds.

Read moreFirst Repatriated Gold Shipment Lands In Venezuela

US Air Force Wants ‘New Heat And Motion Sensor Capable Of Detecting Enemy Gunfire From 25,000 Feet Over The Battlefield — And Then Swiftly Directing A Bomb Or Missile Onto The Shooter’

New Drone Sensor Could Instantly Spot Any Shooter (Wired, Nov. 23, 2011)

Opening fire on American troops could mean an instant death sentence for insurgents, if an ambitious new Air Force plan works out. The flying branch has asked industry to develop a new heat and motion sensor capable of detecting enemy gunfire from 25,000 feet over the battlefield — and then swiftly directing a bomb or missile onto the shooter.

Installed on the Air Force’s existing fleet of Reaper drones, the gunfire-detection system would make attacking U.S. troops a highly risky proposition. The Air Force wants to link the fire-detector with other Wide Field-of-View (WFOV) sensors like the Gorgon Stare, which uses a bundle of cameras to watch over miles at a time. The sensors entered service on Reapers this year. “The goal of this effort is to provide an event (enemy and friendly weapons fire) detection system that can provide real-time notification that can be overlaid on WFOV motion imagery by sensor operators,” the Air Force solicitation reads.

Read moreUS Air Force Wants ‘New Heat And Motion Sensor Capable Of Detecting Enemy Gunfire From 25,000 Feet Over The Battlefield — And Then Swiftly Directing A Bomb Or Missile Onto The Shooter’

Monsanto Partners With USAID To Push GM Corn In Nepal

Monsanto partners with USAID to push GM corn in Nepal (Natural News, Nov. 20, 2011):

The southeast Asian country of Nepal is once again having to fight against foreign interests that are trying to take over its agricultural system. Biotechnology giant Monsanto apparently has its sights set on bringing genetically-modified organisms (GMOs) to this sliver of a country just north of India, and it is allegedly working with the United States Agency for International Development (USAID), a so-called humanitarian group, and officials in Nepal to make it happen.

USAID issued a statement on Sept. 13, 2011, saying that it had partnered with Nepal’s Ministry of Agriculture and Cooperatives (MoACs) and Monsanto to “promote hybrid maize (corn) seeds among 20,000 farmers of Chitwan, Nawalparasi and Kavre districts and provide training to them.” Media across Nepal quickly picked up on the story, and massive public outcry ensued.

Read moreMonsanto Partners With USAID To Push GM Corn In Nepal

‘It’s Like Russian Roulette’: No More Than 20% Of Municipalities Testing School Lunches For Radiation (Only 10% In Fukushima And 8% In Miyagi!)

Nuke fears may spread faster than radiation (Japan Times, Nov. 27, 2011):

If you’re a parent seeking reassurance, don’t look to Sunday Mainichi magazine, which last week pointedly demanded, “Are children’s school lunches really safe?” Chiba Prefecture in October initiated daily testing, and two weeks later detected radioactive cesium — 350 becquerels — in shiitake mushrooms. Echoing Takarajima’s housewife, the mother of a second-grader says, “How much radiation would my child have consumed? I can’t help wondering, and it sends shivers up my spine.”

Surveying the issue from Tohoku to Tokyo, Sunday Mainichi finds no more than 20 percent of municipalities testing school lunches for radiation. Tokyo’s 23 wards are relatively solid in that regard (42 percent of Tokyo’s municipalities test), but the Tohoku region, the heart of the crisis, seems astonishingly lax (Fukushima 10 percent, Miyagi 8 percent). “It’s like Russian roulette,” said the mother of a Chiba Prefecture first-grader.

“To be honest, we could have done better,” admits a Fukushima City official. “Until summer the city didn’t even know that testing equipment was available.”

If radiation were less spectral — if you could see it, smell it, touch it — its presence might be easier to cope with.

‘Easier to cope with’? If radiation would be made visible as blood red spots covering Japan (Everywhere!) the people would have panicked and fled a long time ago.

And make no mistake even if radiation levels in food are below the ‘radiation safety limit’ it is everything but safe!

Silent Death – Horror Scenario Awaits Japan (The Low-Level Radiation Myth Exposed)

More info:

Read more‘It’s Like Russian Roulette’: No More Than 20% Of Municipalities Testing School Lunches For Radiation (Only 10% In Fukushima And 8% In Miyagi!)

Prof. Dr. Chris Busby (Globally Attacked By MSM): ‘We Are Going To Take Some Kind Of Libel Action Against Imperial College And George Monbiot Advisors’ (VIDEO)

You will find lots of scientific evidence/studies that many supplements/substances do decrease and protect against radiation here:

How To Decrease Radiation Illness And Protect Yourself From Radiation

See also:

Prof. Dr. Chris Busby (George Monbiot, Aka ‘The Great Moonbat’, Understandably Refused To Come) On Long Term Radiation Effects (Video – Oxford Town Hall)

Prof. Chris Busby: Calcium And Other Supplements To Protect Against Internal Radiation

Why is it that somebody that only wants to help those poor children is so viciously attacked?

Why is the Japanese government burning radioactive debris all over Japan …

… and of all places in Tokyo and then dumping it at Tokyo Bay?



YouTube Added: 25.11.2011

Dr Busby talks about the recent globally orchestrated attacks on his scientific credibility and explains their cause.

Related info regarding Fallujah:

New (Enriched Uranium – Neutron) Bombs And War Crimes In Fallujah By Jim Fetzer, Leuren Moret, And Christopher Busby (Veterans Today, Nov. 3, 2011)

Prof. Chris Busby On RT: US Used ENRICHED URANIUM WEAPONS On Iraq (Video)

Global MSM attack on Prof. Chris Busby:

Post-Fukushima ‘anti-radiation’ pills condemned by scientists (Guardian)

Chris Busby and the Expensive Anti-Radiation Vitamins for Fukushima (Forbes)

Christopher Busby’s wild claims hurt green movement and Green party (Guardian- George Monbiot)

More info:

Read moreProf. Dr. Chris Busby (Globally Attacked By MSM): ‘We Are Going To Take Some Kind Of Libel Action Against Imperial College And George Monbiot Advisors’ (VIDEO)

Dr. Paul Craig Roberts: Bankers Have Seized Europe – Goldman Sachs Has Taken Over – Failed German Bond Auction Orchestrated

Don’t miss:

ALERT: British Embassies Told To Prepare For EURO COLLAPSE And RIOTS!!!


Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University.

paul-craig-roberts
Dr. Paul Craig Roberts

By Paul Craig Roberts, Nov. 26,2011:

On November 25, two days after a failed German government bond auction in which Germany was unable to sell 35% of its offerings of 10-year bonds, the German finance minister, Wolfgang Schaeuble said that Germany might retreat from its demands that the private banks that hold the troubled sovereign debt from Greece, Italy, and Spain must accept part of the cost of their bailout by writing off some of the debt. The private banks want to avoid any losses either by forcing the Greek, Italian, and Spanish governments to make good on the bonds by imposing extreme austerity on their citizens, or by having the European Central Bank print euros with which to buy the sovereign debt from the private banks. Printing money to make good on debt is contrary to the ECB’s charter and especially frightens Germans, because of the Weimar experience with hyperinflation.

Obviously, the German government got the message from the orchestrated failed bond auction. As I wrote at the time, there is no reason for Germany, with its relatively low debt to GDP ratio compared to the troubled countries, not to be able to sell its bonds.

If Germany’s creditworthiness is in doubt, how can Germany be expected to bail out other countries? Evidence that Germany’s failed bond auction was orchestrated is provided by troubled Italy’s successful bond auction two days later.

Strange, isn’t it. Italy, the largest EU country that requires a bailout of its debt, can still sell its bonds, but Germany, which requires no bailout and which is expected to bear a disproportionate cost of Italy’s, Greece’s and Spain’s bailout, could not sell its bonds.

In my opinion, the failed German bond auction was orchestrated by the US Treasury, by the European Central Bank and EU authorities, and by the private banks that own the troubled sovereign debt.

Read moreDr. Paul Craig Roberts: Bankers Have Seized Europe – Goldman Sachs Has Taken Over – Failed German Bond Auction Orchestrated

ALERT: British Embassies Told To Prepare For EURO COLLAPSE And RIOTS!!!

See also:

Europe Liquidity Crisis Has A Number: $30 Trillion According To Sarkozy

Deutsche Bank Exercises In MADness: ‘Crisis Likely To Get Worse Before It Can Get Better … If Indeed It Ever Does’

Credit Suisse: We Are Witnessing The Last Days Of The Euro

Prepare for collapse.


British embassies in the eurozone have been told to draw up plans to help British expats through the collapse of the single currency, amid new fears for Italy and Spain.


The Treasury confirmed earlier this month that contingency planning for a collapse is now under way

Prepare for riots in euro collapse, Foreign Office warns (Telegraph, Nov. 25, 2011):

As the Italian government struggled to borrow and Spain considered seeking an international bail-out, British ministers privately warned that the break-up of the euro, once almost unthinkable, is now increasingly plausible.

Diplomats are preparing to help Britons abroad through a banking collapse and even riots arising from the debt crisis.

The Treasury confirmed earlier this month that contingency planning for a collapse is now under way.

A senior minister has now revealed the extent of the Government’s concern, saying that Britain is now planning on the basis that a euro collapse is now just a matter of time.

“It’s in our interests that they keep playing for time because that gives us more time to prepare,” the minister told the Daily Telegraph.

Read moreALERT: British Embassies Told To Prepare For EURO COLLAPSE And RIOTS!!!

‘RoboCop’ Guards To Patrol South Korean Prisons

Robot guards with sensors to detect abnormal behaviour will soon begin patrolling South Korean prisons to ease the burden on their human counterparts, researchers said on Thursday.


Prison guard robot: Three robots will be tested at a correctional facility in the southeastern city of Pohang next March when development is completed Photo: EPA

‘RoboCop’ guards to patrol South Korean prisons (Telegraph, Nov. 24, 2011):

A group of scientists has developed the robot warders under a one billion won (£546,000) project organised by the Ministry of Knowledge Economy.

The robots – 1.5 metres (five feet) high and running on four wheels – will mostly be used at night.

They can connect prisoners with officers through a remote conversation function, according to a statement from the Asian Forum for Corrections (AFC), a South Korea-based group of researchers in criminality and prison policies.

Read more‘RoboCop’ Guards To Patrol South Korean Prisons

Latest Rumor Sees €600 Billion Bailout Of Italy From US, Pardon IMF

Uncle Sam To The Rescue After All: Latest Rumor Sees €600 Billion Bailout Of Italy From US, Pardon IMF (ZeroHedge, Nov. 27, 2011):

The European desperation is palpable ahead of the EURUSD open in a few hours, which has to deal with the aftermath of the Friday afternoon downgrade of Belgium, the junking of Portugal and Hungary, and the prospect of an imminent downgrade of AAA-stalwarts Austria and France. So what does Europe do instead of actually proposing the inevitable debt repudiation that is the only and final outcome? Why more rumors of course. To wit: last night saw the preannouncement of Welt am Sonntag indicating that in order to bypass the lengthy process of treaty changes, Europe would instead proceed with bilateral agreements that would somehow enforce fiscal stability and convince the market that European states would follow the German leader. Well since that is sure to have absolutely no impact, overnight Italian La Stampa is out with a fresh new rumor which cites “IMF sources” according to which the US-headquartered and funded organization would provide a €600 billion loan to Italy at 4-5%. In other words, Uncle Sam, in his role as primary funding agent of the IMF would lose massive amount of money on the “market to fair value” arbitrage, only to bail out the latest European domino. As a reminder, the whole “under market rates” loan from the IMF was implemented in Greece and worked out just swell: at last check the 1 Year Greek bond was trading with a yield of over 300%. Oh, and La Stampa forgot to mention one thing: any changes to the IMF, which currently is massively underfunded and is why the organization was forced to create two new liquidity facilities: a Precautionary and Liquidity Credit line, since it is unable to fund its New Arrangements to Borrow, have to go through US Congress when it comes to expanding funding capacity. Yup, the most dysfunctional, corrupt and criminal thing in the world – the US House of Representatives, where unless everyone is short Italian CDS, this will never pass. In other words: this rumor is dead in the water.

More from Dow Jones:

The International Monetary Fund could offer Italy between EUR400 billion and EUR600 billion in financial support to give Italian Prime Minister Mario Monti a window of 12 to 18 months to enact reforms sufficient to restore waning market confidence in Italy’s ability to repay its debt, Turin daily La Stampa reported Sunday, citing IMF sources.

Read moreLatest Rumor Sees €600 Billion Bailout Of Italy From US, Pardon IMF

Australia: Immunize Your Children Or Lose Benefits, Parents Told (ABC News, Nov. 25, 2011)


Photo: Families who refuse vaccinations face losing up to $2,100 per child in benefits (Jewel Samad: AFP)

Immunise or lose benefits, parents told (ABC News, Nov. 25, 2011):

Parents who do not have their children fully immunised will be stripped of family tax benefits under a scheme announced by the Federal Government.

The Government says 11 per cent of five-year-olds are not immunised and has announced a shake-up of the system which will take effect from July 1 next year.

Under the changes, families who refuse vaccinations face losing up to $2,100 per child in benefits.

Families will need to have their children fully immunised to receive the Family Tax Benefit (FTB) Part A end-of-year supplement.

Read moreAustralia: Immunize Your Children Or Lose Benefits, Parents Told (ABC News, Nov. 25, 2011)

NATO Attack Kills 24 Pakistani Soldiers – Pakistan Demands US To Vacate Air Base Within 15 Days, Blocks Vital Afghanistan Supply Routes

NATO attack allegedly kills 24 Pakistani troops (AP, Nov. 26, 2011)

Updated:

Pakistan demands US vacate suspected drone base (AP, Nov. 26, 2011):

ISLAMABAD — The Pakistani government has demanded the U.S. vacate an air base within 15 days that the CIA is suspected of using for unmanned drones.

The government issued the demand Saturday after NATO helicopters and jet fighters allegedly attacked two Pakistan army posts along the Afghan border, killing 24 Pakistani soldiers.

Islamabad outlined the demand in a statement it sent to reporters following an emergency defense committee meeting chaired by Pakistani Prime Minister Yousuf Raza Gilani.

Shamsi Air Base is located in southwestern Baluchistan province. The U.S. is suspected of using the facility in the past to launch armed drones and observation aircraft to keep pressure on Taliban and al-Qaida militants in Pakistan’s tribal region.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP’s earlier story is below.

ISLAMABAD (AP) — Pakistan blocked vital supply routes for U.S.-led troops in Afghanistan on Saturday after coalition helicopters and fighter jets allegedly killed 24 Pakistani troops at two posts along a mountainous frontier that serves as a safe haven for militants.

Read moreNATO Attack Kills 24 Pakistani Soldiers – Pakistan Demands US To Vacate Air Base Within 15 Days, Blocks Vital Afghanistan Supply Routes

Russian Roulette In Japan: 15% Of Fukushima Bagged Rice SEVERELY Radioactive

Russian roulette (Fukushima Diary, Nov, 25, 2011):

Following up this post: 640 Bq/kg from rice of Fukushima

Having this accident, Fukushima local government started checking 4,752 of all the packages of rice since 11/22.

So far, they finished checking 864 bags of rice and 131 (15%) of them turned out to exceed their emergency safety limit of 500 Bq/Kg.

The champion contained 1,270 Bq/kg.

27 of other bags contained over 1,000 Bq/kg too.

Read moreRussian Roulette In Japan: 15% Of Fukushima Bagged Rice SEVERELY Radioactive

Europe Liquidity Crisis Has A Number: $30 Trillion According To Sarkozy

Europe liquidity crisis has a number: $30 trillion according to Sarkozy (Examiner, Nov. 23, 2011):

On November 23rd. Olivier Sarkozy, brother of French President Nicholas Sarkozy, and head of the Carlyle Financial Group, spoke on CNBC and laid out the cost of the liquidity crisis that is overtaking Europe.  The total numbers are staggering, with $30 Trillion being the overall debt holding the Euro Zone hostage.

So if you want to stabilize that $30 trillion and in my view it’s not that you want to, it’s that you have to, you do not have a choice, you’re going to have to be at least at 2.1 trillion and i suspect it may need to be more.” Q.E.D. – Sarkozy on CNBC via Zerohedge

$30 trillion is the overall exposure, however, only a percentage of this is necessary to stabilize those debt instruments.  This is where the figure of $2.1 trillion comes in, and is a gigantic requirement nonetheless to secure the overall liability in the Euro banking system.