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European banks set for rescue deal

European governments, including the UK, France and Germany, will provide finance for national banks under strain of the global economic crisis.

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McCain vows 'respectful' race

John McCain, the Republican presidential candidate, has told supporters that he wants a "respectful" campaign after a series of stinging attacks on Barack Obama, his Democratic rival.

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Mugabe, left, and Tsvangirai, centre, signed a power-sharing deal in September [EPA]

Mugabe swears in vice-presidents

The president of Zimbabwe has sworn in two vice-presidents after unilaterally appointing members of his ruling Zanu-PF party to key cabinet posts.

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Christian shot dead in Mosul

A Christian businessman has been shot dead by a group of unidentified armed men in the northern Iraqi city of Mosul, police sources say.

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An image of Krugman is projected on to a screen at the Royal Swedish Academy in Stockholm [AFP]

Bush critic wins economics Nobel

Paul Krugman, an American economist and writer, has won the 2008 Nobel prize for economics.

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Supporters of Lukashenko won all the seats in a recent election criticised by observers [AFP]

EU lifts Belarus travel ban

The European Union has agreed to suspend travel restrictions on Alexander Lukashenko, the Belarus president, and other officials after a number of political prisoners were freed.

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Protesters have been campaigning for months for Arroyo to leave office [AFP]

Arroyo faces new impeachment bid

The president of the Philippines is facing a further impeachment bid - the fourth - over allegations of corruption and vote-rigging, but the government is predicting it will fail.

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America Must Plumb Olmert’s 'Depths of Reality'
By Robert Weitzel   

In a September 30 article in the Israeli newspaper, Yedioth Ahronot, Israel’s incumbent Prime Minister Ehud Olmert, a former member of the right-wing Likud party, said that Israel must withdraw “from almost all of the territories, if not from all the territories. We shall keep in our hands a percentage of these territories, but we shall be compelled to give the Palestinians a similar percentage, because without that there will be no peace.” FULL STORY...

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Tags:  Robert Weitzel Gwen Ifill America Olmert Tom Brokaw
 
'Swan Lake' Painting
By Gideon Polya   

Fear, Greed, Lying & Values, Biosphere & Market Collapse

Everyone is familiar with the gorgeous Tchaikowsky score for the ballet “Swan Lake” that represents a pinnacle of the 19th century European Romantic musical tradition. I have painted a huge painting to tell the story of Swan Lake. In turn I am going to use the painting to illustrate the tragic perversion of Man’s intentions that mimic the tragic story of the ballet. FULL STORY...

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Tags:  Gideon Polya Biosphere Market Collapse 'Swan Lake' Painting
 
Wall Street's Crooked Ensemble of Financial Instruments
By Ben Tanosborn   

It's our unregulated capitalism, stupid!

Two weeks ago I received a copy of Assets, a quarterly publication by UCLA Anderson School of Management.  To my amazement and disbelief, I read in it that we have yet to enter recession, the same one that we've been experiencing for almost a year. FULL STORY...

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Tags:  Ben Tanosborn Dow Industrials Wall Street Financial Instruments Capitalism Ronald Reagan
 
 

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