Monday, January 11, 2010

BlackListedNews.com | Headlines - January 11, 2010



The Federal Reserve asked a U.S. appeals court to block a ruling that for the first time would force the central bank to reveal secret identities of financial firms that might have collapsed without the largest government bailout in U.S. history.



The Lebanese army says its anti-aircraft artillery fired at four Israeli fighter jets flying over the country's southern airspace at low altitude on Monday. "The army's anti-aircraft guns fired at four enemy Israeli planes that had been overflying the (southern) area of Marjayoun this morning," an army spokesman told AFP



The swine flu outbreak was a ‘false pandemic’ driven by drug companies that stood to make billions of pounds from a worldwide scare, a leading health expert has claimed.



Gen David Petraeus, head of Central Command or Centcom, did not elaborate on the plans, but said the military has considered the impacts of any action taken there.



Although, according to recent surveys, they know an average of 40,000 words, they tend to favour a “teenspeak” used in text messages, on social networking sites like Facebook and MySpace and in internet chat rooms like MSN.



The lawsuit does not cover Goldman’s bonuses for all of 2009, which have yet to be publicly revealed. Bloomberg reported last year that the firm’s compensation during the first nine months were $16.7 billion, but other estimates put the figure at more like $22 billion for the entire year



Venezuela's Hugo Chavez ordered soldiers to seek out businesses that raise prices after a sharp devaluation of the bolivar currency last week, saying he will expropriate firms that engage in price gouging.






A privacy group says the Transportation Security Administration is misleading the public with claims that full-body scanners at airports cannot store or send their graphic images.



THE $182.3 billion (€126.5 billion) bailout of AIG is getting more costly by the day for the Obama administration. New revelations last week cast the spotlight back on Tim Geithner, the Treasury secretary who played such a vital role in the credit crunch bailouts.

Related: Tim Geithner Thinks We Can’t Handle the Truth




The labour force contracted by 661,000. This did not show up in the headline jobless rate because so many Americans dropped out of the system. The broad U6 category of unemployment rose to 17.3pc. That is the one that matters.



NAFTA has extended from economic integration into a political and regional security pact which has been achieved through the Security and Prosperity Partnership (SPP) of North America, Plan Mexico, as well as other initiatives






Ten years ago, US lawmakers publicly accused the China Ocean Shipping Co of being a front for espionage and blocked plans to expand its Long Beach, Calif.



German prosecutors have launched a preliminary investigation into allegations that the CIA deployed a team of Blackwater operatives on a clandestine operation in Hamburg, Germany, after 9/11 ultimately aimed at assassinating a German citizen with suspected ties to Al Qaeda.






Chinese banks have cemented their position as the most highly valued financial institutions, taking four of the top five slots in a ranking of banks’ share prices as a multiple of their book values.



Venezuelans rushed to the shops on Saturday, fearful of price rises after a currency devaluation that will let President Hugo Chavez boost government spending ahead of an election but feeds opposition charges of economic mismanagement.






Iran’s foreign minister says Britain must be held accountable for the way it has managed the drug problem in Afghanistan which has led to a tenfold growth in narcotics production.



"We don't need to look at naked 8-year-olds and grandmothers to secure airplanes," Rep. Jason Chaffetz, R-Utah, said Friday. "Are we really going to subject 2 million people per day to that? I think it's a false argument to say we have to give up all of our personal privacy in order to have security."



New revelations about the failed Christmas Day attack on Northwest Airlines Flight 253 continue to emerge as does evidence of a systematic cover-up.