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Former bankers sentenced to jail over Anglo fraud scheme

Willie McAteer and John Bowe of Anglo and Denis Casey of Irish Life convicted of fraud Ruadhán Mac Cormaic, Joe Brennan, Ciarán Hancock Three former bankers were in Mountjoy Prison in Dublin last night after receiving jail sentences for their roles in a €7 billion fraud committed at the height of the banking crisis in 2008… Source: Former bankers sentenced to jail over Anglo fraud scheme Read More »

IMF admits disastrous love affair with the euro and apologises for the immolation of Greece

The International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an elemental concept of currency… Ambrose Evans-Pritchard The Telegraph This is the lacerating verdict of the IMF’s top watchdog on the fund’s tangled political role in the eurozone debt crisis, the most damaging episode in the history of the Bretton Woods… It describes a ... Read More »

Myanmar’s New Government: Finding Its Feet?

The first four months of Myanmar’s democratic government have set a positive tone. But de facto leader Aung San Suu Kyi needs to find ways to bring peace with ethnic insurgents closer, rebalance relations with China, and overcome deeply ingrained problems in Rakhine State… Source: Myanmar’s New Government: Finding Its Feet? | International Crisis Group Read More »

Report highlights cosy relationship between mining industry and political parties

THE cosy and often secretive relationship between political parties and their donors in the mining industry has been highlighted in a report that looks at six controversial projects in Queensland including Adani’s Carmichael mine… Source: Report highlights cosy relationship between mining industry and political parties | Greasing The Wheels Read More »

Minister wants to tackle excessive alcohol consumption at UK airports

Tariq Ahmad is to review how bars, restaurants and duty free stores in airports sell alcohol, following concerns about alcohol-related incidents.. A crackdown on the sale of alcohol at British airports is being considered by the new aviation minister amid a spate of incidents involving drunk passengers… Source: Minister wants to tackle excessive alcohol consumption at UK airports | World news | The Guardian Read More »

The Other People Opposed To Kevin Rudd’s UN Bid

Feeling bad for Kevin Rudd? The men held on Manus Island aren’t too worried that Rudd’s last shot at glory has gone down in flames, writes Max Chalmers. For perhaps the first time, and almost certainly the last time, Eric Abetz and the people detained on Manus Island agree on… Source: The Other People Opposed To Kevin Rudd’s UN Bid – New Matilda Read More »

Pope Francis walks alone through horrors of Auschwitz

OSWIECIM, Poland Pope Francis on July 29 walked alone through the notorious wrought-iron “Arbeit Macht Frei” gate as he visited the former Nazi death camp Auschwitz-Birkenau. Free for once of his security entourage or cardinals, he sat on a bench among the trees and bowed his head in prayer, remaining at length in silent contemplation before meeting Holocaust survivors… Source: Pope Francis walks alone through horrors of Auschwitz – EUROPE Read More »

Grattan on Friday: Turnbull should move to add justice to Closing the Gap targets

When he became prime minister Tony Abbott brought the Indigenous affairs portfolio under the umbrella of the Department of Prime Minister and Cabinet (PM&C). It was a mark of the priority he said he wanted to give the area. It’s questionable how well the bureaucratic reshuffling has worked. Certainly not well enough, it seems, for a red flag to be raised when the… Source: Grattan on Friday: Turnbull should move to add justice to Closing the Gap targets Read More »

IMF admits disastrous love affair with the euro led to immolation of Greece

The International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an elemental concept of currency theory. Ambrose Evans-Pritchard Source: IMF admits disastrous love affair with the euro led to immolation of Greece Read More »

Kurdish journalist Renas Lelikan accused of terror links denied bail

Kurdish journalist Renas Lelikan, who was arrested in Sydney last week and charged with being a member of a terrorist organisation, is denied bail.. Renas Lelikan, 38, is accused of being a member of the banned organisation, the PKK, which is fighting against the Islamic State (IS) terror group in northern Iraq… Source: Kurdish journalist Renas Lelikan accused of terror links denied bail – ABC News (Australian Broadcasting Corporation) Read More »

Easy Prey: Criminal Violence and Central American Migration

Massive deportations from Mexico and the U.S. have not stopped Central Americans fleeing endemic poverty and epidemic violence. Erecting more barriers and forcing migrants and refugees underground deepens the humanitarian crisis – and strengthens the illegal networks turning much of Central America into a criminal battleground… Source: Easy Prey: Criminal Violence and Central American Migration | International Crisis Group Read More »