US House Passes Historic Wall St. Reform Act
The US House of Representatives voted today to pass H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009. Sponsored by Barney Frank (D-MA), this bill would protect consumers and investors, provide for financial regulatory reform, and regulate the over-the-counter derivatives markets. No Republicans voted for the bill.
Human Rights Day: “Embrace Diversity, End Discrimination”
Today, the big story was in Oslo, Norway. The title of it could have been: “War President Receives Nobel Peace Prize”. President Obama made the best of his oratorical skills, talked about war & peace. But yet, the paradox of his win remains. The Nobel is supposed to reward achievements not potentials, to recognize what […]
Are We Heading For Another Global Food Crisis?
Global food prices are on the rise again, the United Nations Food & Agriculture Organization (FAO) reported today, with the agency’s food price Index registering four straight months of increases. According to the FAO’s latest food outlook, the index- a “food basket” composed of cereals, oil seeds,dairies, meat & sugar- averaged 168 points in November […]
The Troop Surge Didn’t Work in Iraq & Won’t Work In Afghanistan
At least 127 people were killed today in Iraq and hundreds wounded in five powerful car bombing. The US still has 115,000 soldiers in Iraq, yet the security situation has not improved as Iraq seems to be, once again, on the brink of a civil war. The first blast occurred at 10:25 AM local time […]
Copenhagen: 56 Newspapers In 45 Countries Speak With One Voice
Today, 56 major newspapers in 45 countries took the unprecedented step of speaking with one voice on the urgency to act on climate change and global warming through a common editorial. This extraordinary initiative from publications which usually compete for readership marks how critical Copenhagen is for the future of humankind. If our generation fails […]
