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Jun 16, 2011

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Nolan Cook  "The Residents" (Guitar in: Cincinnati Airport)

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Partner is invited for co-operation on Saint Martin /Sint Maarten Island,Caribbean (N. Antilles), Jun 16, 2011

Anthony Weiner announces his resignation from Congress | The Ticket - Yahoo! News



In a news conference marked by loud heckling, embattled Rep. Anthony Weiner announced he would resign from Congress effective immediately, bowing to days of public pressure from members of his own party.
Weiner apologized for the "embarrassment" he had brought to his colleagues, his constituents and "most importantly" his wife.
"I had hoped to be able to continue the work that my constituents elected me to do," Weiner said. "Unfortunately, the distraction that I myself have created has made that impossible. So today I'm announcing my resignation from Congress."

EUROZONE Debt Crisis News, Jun 16, 2011

Full transcript | Ed Balls | Speech on the economic alternative | LSE | 16...
New Statesman
While the American, German and French economies have already recovered to their pre-crisis levels of output, we in Britain are still 4% below that level. And compared to the OBR's forecast before George Osborne's first Budget, their latest forecasts ...
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Obama urges tough decisions on Greek debt crisis - International ...
President Barack Obama on Tuesday urged euro zone countries and bondholders to make tough decisions to contain Greece's debt crisis while the International Monetary ... Obama, appearing at a joint news conference with German Chancellor Angela ... on Europe and called Germany a "key leader" in resolving the crisis. ...
africa.ibtimes.com/.../obama-urges-tough-decisions-on-greek-...
Euro Debt Crisis: Greeks Strike, Clash With Police Over Austerity ...
... efforts to pass new austerity measures for the debt-stricken euro zone state . ... US HousingCrisis Is Now Worse Than Great Depression 15 Jun 2011 ...
www.cnbc.com/id/43405586
Debt Problems Linger in Europe: How are Greece, Ireland, Portugal ...
INSIGHT ... Following the start of the Greek debt crisis in April 2010, both Ireland and ... Ireland received an 85 billion euro loan in November 2010, and Portugal was ... All of this news pushed Greek long-term government bond yields up ... Spain is the fourth largest country in the Eurozoneand their government ...
www.factset.com/insider/article/debt_southern-europe
Obama presses Europe, pledges help for Greek crisis - Yahoo! News
Breaking News:Weiner telling friends he'll resign ... unemployment and ballooning U.S. debt, has pinpointed the euro zone crisis as one foreign " headwind" ...
news.yahoo.com/s/nm/20110607/bs.../us_eurozone_usa_5
French banks in firing line over Greek debt crisis - CBS ...
A new report pinpoints the day that supermarkets offer the best prices. ... PARIS (AP) — Tremors from Greece's debt crisis were felt in France when Moody's ... Germany, the eurozone's biggest country and the largest funder of .... MoneyWatch.com is the place to go for personal financialinsight you can trust. ...
moneywatch.bnet.com/investing/news/french.../6247419/
German Constitutional Court and Parliament on euro zone aid ...
As intractable as the economics of the European debt crisis is, politics seem ... to hear complaints that the year-old Greek aid package violates the EU Treaty. ... [last May] because we wanted to appear unified and truly rescue the euro zone. ... and news wires to provide insight into the developments of the day, ...
www.creditwritedowns.com/.../german-constitutional-court-pa...
One True LoveBorn This Way (Special Edition)21

FINANCIAL News, Money, Banks, Economic and Financial Crisis, Jun 16, 2011

Ireland Learning Lessons from Iceland, Seeks Haircuts on Irish Bonds
The Market Oracle
Iceland's method of coping with the financial crisis had a brutal charm about it. In essence, the country hoisted its middle finger to the owners of bank bonds, and a few other people it owedmoney to, and walked away. It worked. ...
See all stories on this topic »
Hard slog to reach sunlit uplands
Financial Times
Nor was the investment poured into Spain from Germany and France during the growth years before the crisis all wasted on building holiday flats or urban homes that no one now wants to buy. A largeshare of the money went on transport infrastructure ...
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Financial reform: Conduits of contention
Financial Times
Ben Bernanke, chairman of the Federal Reserve, said in April: “Clearing houses around the world generally performed well in the highly stressed financial environment of the recent crisis. However, we should not take for granted that we will be as lucky ...
See all stories on this topic »
ANALYSIS-Corp savings glut offers buffer in post-QE2 world
Forexyard
By Natsuko Waki LONDON, June 16 (Reuters) - Cash-rich companies reluctant to spend their capital aggressively may offer critical support for financial markets that are increasingly wary of the withdrawal of crisis-time emergency cash by central banks ...
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Risk Management in Central Banking
IEWY News
I will also clarify why certain comments that have been made recently about central banks – in particular the ECB – becoming 'bad banks', as a result of their actions during the financial crisis, are fundamentally flawed. The financial crisis has ...
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Rand 15% overvalued, expect weakness in 2012
The New Age Online
Canter also feels SA's listed bond market lacks diversity, with the banking sector taking up half of it and corporates just 22%. Canter also believes credit rating agencies - under the whip due to misjudging debt in the financial crisis - have an ...
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The Daily Reckoning June 15th
HoweStreet.com
The government also is on the hook for other debts such as the programs related to the bailout of thefinancial system following the crisis of 2008 and 2009, government figures show. Taken together, Gross puts the total at “nearly $100 trillion,” that ...
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A System-Wide Margin Call
BullionVault
Here, the quarterly financial numbers show the maintenance of the split between the vitality of Corporate (or should that be Corporatist?) America and that of the rest of the private sector, as well as the contrast between the unretarded profligacy of ...
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Greek default could mean market, economic turmoil
Forbes
By DAVID McHUGH , 06.16.11, 12:43 PM EDT FRANKFURT, Germany -- Greece's economy is small but the shock waves from a default on its debt could be amplified by links in the global financial system to hurt stocks, banks and entire economies far from the ...
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Inside Barclays Capital
Here Is The City
We've always managed capital with a focus on returns but that focus has intensified as a result of the financial crisis, so we're building out new businesses that are less capital intensive; revising our securitised products business, and managing down ...
See all stories on this topic »
Newspaper Briefing, including Battle commences to define ring-fence terms ...
Proactive Investors UK
It is a modern-day Glass-Steagall, dealing with the risk of consumer bank runs in the aftermath of acrisis generated largely by investment banks. Even if deposits could be protected when a bank's investment banking arm suffered a Lehman-style collapse ...
See all stories on this topic »
Stocks give up weekly gains in afternoon trading
Chicago Sun-Times
Overseas markets dipped for a second day because of fears that Greece will be forced to default on its bonds, an event that could trigger another financial crisis. The Euro Stoxx 50, an index of blue chip companies in countries that use the euro, ...
See all stories on this topic »
One True LoveBorn This Way (Special Edition)21

REUTERS World News, Jun 16, 2011

Indonesian cleric Bashir found guilty of terror charges
Wed,15 Jun 2011 11:49 PM PDT
Reuters - photoJAKARTA (Reuters) - Indonesian militant cleric Abu Bakar Bashir was found guilty on Thursday of charges he helped plan a paramilitary group which aimed to kill the country's president.

Full Story1
Zawahri appointed al Qaeda leader: report
Wed,15 Jun 2011 11:44 PM PDT
Reuters - photoDUBAI (Reuters) - Osama bin Laden's long-time lieutenant, Ayman al-Zawahri, is now the leader of al Qaeda, Al Arabiya television reported on Thursday.

Full Story1
Greek PM to reshuffle government to push austerity plan
Wed,15 Jun 2011 11:27 PM PDT
Reuters -
photoATHENS (Reuters) - Greek Prime Minister George Papandreou plans to form a new cabinet on Thursday and seek a vote of confidence from his fractious Socialist party to try to push through an austerity package and avoid default.
Analyst view: Greek prime minister to form new government
Wed,15 Jun 2011 11:26 PM PDT
Reuters - NEW YORK (Reuters) - Greece's prime minister said on Wednesday he would form a new government and seek a vote of confidence from his parliamentary group after violent protests against austerity measures. Full Story1
Greeks of all ages want politicians to pay
Wed,15 Jun 2011 11:26 PM PDT
Reuters - ATHENS (Reuters) - Greek workers of all ages and professions, pensioners, students, the old and young marched on parliament in Athens Wednesday to vent their anger at the country's politicians and their austerity plans. Full Story1
China sends out patrol ship amid territorial disputes
Wed,15 Jun 2011 11:25 PM PDT
Reuters - BEIJING, Jun (Reuters) - China has sent one of its biggest civilian maritime patrol ships into the South China Sea, official media said on Thursday, a move likely to raise tensions with neighbors staking rival claims to waters thought to hold vast reserves of oil and gas. Full Story1
Violence in Vancouver as Canucks lose Stanley Cup
Wed,15 Jun 2011 11:15 PM PDT
Reuters -
photoVANCOUVER (Reuters) - Riot police fired tear gas to control a mob that burned cars and looted shops in downtown Vancouver on Wednesday after the Canucks lost the Stanley Cup final to the Boston Bruins.
Libyan rebels take new villages in Western Mountains
Wed,15 Jun 2011 09:41 PM PDT
Reuters -
photoGHARYAN, Libya (Reuters) - Libyan rebels have pushed deeper into government-held territory from their base in the Western Mountains, taking two villages from which forces loyal to Muammar Gaddafi had been shelling rebel-held towns.
China closes Tibet to foreigners ahead of anniversary
Wed,15 Jun 2011 09:31 PM PDT
Reuters - BEIJING (Reuters) - China has closed Tibet to foreigners ahead of the 90th anniversary of the Chinese Communist Party on July 1, travel agents said on Thursday of a restive region where many ethnic Tibetans have chafed under Chinese rule. Full Story1
Syrians flee northern town as tanks close in
Wed,15 Jun 2011 05:54 PM PDT
Reuters -
photoAMMAN (Reuters) - Thousands of Syrians have fled the historic town of Maarat al-Numaan to escape troops and tanks pushing into the north in a widening military campaign to crush protests against President Bashar al-Assad.
Libyan rebels take new villages in Western Mountains
Wed,15 Jun 2011 04:19 PM PDT
Reuters -
photoGHARYAN, Libya (Reuters) - Libyan rebels have pushed deeper into government-held territory from their base in the Western Mountains, taking two villages from which forces loyal to Muammar Gaddafi had been shelling rebel-held towns.
Syrians flee northern town, Assad envoy in Turkey
Wed,15 Jun 2011 03:42 PM PDT
Reuters -
photoAMMAN (Reuters) - Thousands of Syrians have fled the historic town of Maarat al-Numaan to escape troops and tanks pushing into the north in a widening military campaign to crush protests against President Bashar al-Assad.
On the Caspian shore, a tale of two Turkmenistans
Wed,15 Jun 2011 03:22 PM PDT
Reuters - AVAZA, Turkmenistan (Reuters) - Turkmenistan's all-powerful leader promises that, one day soon, he will build a Las Vegas on the windswept shores of the Caspian Sea.Full Story1
Analyst view: Greek prime minister to form new government
Wed,15 Jun 2011 02:55 PM PDT
Reuters - NEW YORK (Reuters) - Greece's prime minister said on Wednesday he would form a new government and seek a vote of confidence from his parliamentary group after violent protests against austerity measures. Full Story1
U.N. chief urges end to fighting in Sudan border state
Wed,15 Jun 2011 02:47 PM PDT
Reuters - UNITED NATIONS (Reuters) - U.N. Secretary-General Ban Ki-moon expressed alarm on Wednesday at recent fighting in Sudan's oil-producing Southern Kordofan state ahead of southern Sudan's July 9 secession. Full Story1
Greek PM to reshuffle government to advance austerity plan
Wed,15 Jun 2011 02:29 PM PDT
Reuters -
photoATHENS (Reuters) - Greek Prime Minister George Papandreou said he will form a new cabinet on Thursday and seek a vote of confidence from his fractious Socialist party to see through a harsh austerity bill, the target of major protests.
Mexican police capture suspected teenage assassins
Wed,15 Jun 2011 02:08 PM PDT
Reuters -
photoSAN CRISTOBAL DE LA BARRANCA, Mexico (Reuters) - Mexican police captured a group of suspected teenage assassins linked to the violent Zetas drug cartel, including two 16-year-old girls, authorities said on Wednesday.
Greek PM says will form new government after mass protest
Wed,15 Jun 2011 01:57 PM PDT
Reuters -
photoATHENS (Reuters) - Greece's prime minister said he would form a new government and seek a vote of confidence from his parliamentary group after violent protests against austerity on Wednesday, with Athens teetering on the brink of default.
In rebel Libyan city, enemy given dignity in death
Wed,15 Jun 2011 01:28 PM PDT
Reuters - MISRATA, Libya (Reuters) - The two bodies were so badly burned that one could not be distinguished from the other, so they were buried together in a single grave, faces turned toward Mecca in the Muslim tradition. Full Story1
Kuwait ruler warns against unrest, security threats
Wed,15 Jun 2011 01:25 PM PDT
Reuters - KUWAIT (Reuters) - Kuwait's emir said Wednesday the Gulf state would show "zero tolerance" to anyone threatening the OPEC oil exporter's security, after the opposition held weekly rallies demanding that the prime minister step down. Full Story1
Turkey's Erdogan presses Assad's envoy over unrest
Wed,15 Jun 2011 01:05 PM PDT
Reuters - ANKARA (Reuters) - Turkish Prime Minister Tayyip Erdogan held crisis talks with an envoy of Syria's president on Wednesday as Ankara pressed its once well-regarded neighbor to end a crackdown on protesters that it has called "savagery." Full Story1
North, south Sudan clash before split: south army
Wed,15 Jun 2011 01:00 PM PDT
Reuters -
photoKHARTOUM/JUBA (Reuters) - South Sudan's army said it clashed with northern troops in the disputed Abyei border region on Wednesday, in the latest sign of deteriorating relations in the build-up to the secession of the south in July.
NATO sliding towards Libyan ground war: Russian envoy
Wed,15 Jun 2011 12:36 PM PDT
Reuters -
photoLONDON (Reuters) - NATO risks sliding into a ground war in Libya and is trying to kill its leader, Muammar Gaddafi, Russia's ambassador to the alliance said on Wednesday.
Gunmen kill Mexican governor's guards, leave threat
Wed,15 Jun 2011 12:03 PM PDT
Reuters - MONTERREY, Mexico (Reuters) - Gunmen dumped the mutilated bodies of two bodyguards assigned to a Mexican state governor on Wednesday and left a message threatening more violence but the governor said he would not be cowed. Full Story1
Afghanistan is most dangerous country for women
Wed,15 Jun 2011 10:52 AM PDT
Reuters -
photoLONDON, June 15 (TrustLaw) - Violence, dismal healthcare and brutal poverty make Afghanistan the world's most dangerous country for women, with Congo a close second due to horrific levels of rape, a Thomson Reuters Foundation expert poll said on Wednesday.
Bodies of 104 Air France crash victims to reach Paris
Wed,15 Jun 2011 10:50 AM PDT
Reuters -
photoPARIS (Reuters) - The bodies of 104 victims of an Air France flight that crashed into the Atlantic Ocean two years ago will arrive in France on Thursday, starting what promises to be a long process of identification.
Sudan border state airstrikes may have killed 64: U.N.
Wed,15 Jun 2011 10:49 AM PDT
Reuters - KHARTOUM (Reuters) - Air strikes on Sudan's Southern Kordofan border state may have killed as many as 64 people and caused tens of thousands to flee, the United Nations said on Wednesday. Full Story1
Chavez's Cuba convalescence whips up Venezuela
Wed,15 Jun 2011 10:44 AM PDT
Reuters -
photoCARACAS (Reuters) - President Hugo Chavez's continued absence in Cuba after surgery has laid bare his one-man dominance of Venezuelan politics and infuriated opponents hoping to dethrone him at next year's vote.
Tension beneath the calm in gateway town to Tripoli
Wed,15 Jun 2011 10:40 AM PDT
Reuters - GHARYAN, Libya (Reuters) - Despite an outward appearance of normality there is an undercurrent of tension in this town, gateway to Tripoli from Libya's Western Mountains where rebels are advancing toward Muammar Gaddafi's capital. Full Story1
U.S. helicopters fire on attackers in Iraq oil hub: military
Wed,15 Jun 2011 10:32 AM PDT
Reuters - BAGHDAD (Reuters) - U.S. military helicopters fired on suspected militia fighters in southern Iraq on Wednesday, killing one, in a rare American air strike responding to a rocket attack on an airport, the U.S. military said. Full Story1
U.N. rights chief concerned about new Ivory Coast army
Wed,15 Jun 2011 10:28 AM PDT
Reuters - GENEVA (Reuters) - The top U.N. human rights official expressed concern on Wednesday over acts of violence allegedly carried out by members of Ivory Coast's new army, including reports of summary executions, rape and torture. Full Story1
photoTUNIS (Reuters) - Tunisia's revolution in January scared off enough tourists to halve arrivals and slash revenues by almost half to 1.8 billion dinars ($1.3 billion), the tourism minister said Wednesday.
Iran puts satellite into orbit: state TV
Wed,15 Jun 2011 10:21 AM PDT
Reuters - TEHRAN (Reuters) - Iran has successfully launched a second domestically built satellite into orbit, Iran's Arabic language al-Alam television reported Wednesday. Full Story1
U.N. human rights office cites brutal Syrian repression
Wed,15 Jun 2011 10:16 AM PDT
Reuters - GENEVA (Reuters) - Syrian security forces have used executions, mass arrests and torture to repress pro-democracy protests, the U.N. human rights office said on Wednesday, in a report that could add to calls for a stronger global response. Full Story1
Greeks of all ages want politicians to pay
Wed,15 Jun 2011 10:10 AM PDT
Reuters - ATHENS (Reuters) - Greek workers of all ages and professions, pensioners, students, the old and young marched on parliament in Athens Wednesday to vent their anger at the country's politicians and their austerity plans. Full Story1
Yemen opposition shrugs off Gulf mediation offer
Wed,15 Jun 2011 09:13 AM PDT
Reuters -
photoADEN/SANAA (Reuters) - Members of Yemen's political opposition dismissed an offer from Gulf Arab neighbors on Wednesday to resume mediation in the political crisis, which has brought the country to the brink of civil war.
Greek PM proposes forming national unity government: state TV
Wed,15 Jun 2011 08:20 AM PDT
Reuters - ATHENS (Reuters) - Greek Prime Minister George Papandreou proposed on Wednesday forming a national unity government on condition that it would support EU/IMF bailout plans, national broadcaster Net TV reported on Wednesday. Full Story1
photoROME (Reuters) - After 17 years, Italians finally seem to have had enough of Silvio Berlusconi.
Q+A: Why are Pakistan's Taliban so dangerous?
Wed,15 Jun 2011 07:07 AM PDT
Reuters -
photoISLAMABAD (Reuters) - Pakistan's Taliban seem more confident than the group has been in years, mounting large-scale attacks deploying hundreds of fighters, taking over a naval base and possibly preparing to return its fight to the capital, Islamabad.
In search of fuel in oil-rich UAE
Wed,15 Jun 2011 06:15 AM PDT
Reuters -
photoDUBAI (Reuters) - Rashed al-Ali spent two hours hunting for petrol before ditching his car. He then walked to a highway to hail a taxi to try to find any place where he could fill his jerrycan with fuel.
One True LoveBorn This Way (Special Edition)21