Fatster’s Roundup

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International Developments

? The new interim president of Egypt, Adly Mansour, “has dissolved the Islamist-dominated upper house of parliament”.  Update:  Deadly clashes across Egypt, 17 reported dead.

? “Islamist gunmen stage multiple attacks on Egyptian forces in Sinai.” Update:  Egyptian forces “opened fire on mostly Islamist protesters marching on a Republican Guard headquarters” in Cairo.

? “Syria’s Homs Pounded By Army And Hezbollah Militants”.

? “Helmand [Afghanistan]’s top female police officer shot dead . . . killed on her way to work.”  She’d “received death threats from her family.”

? “Libya aiming to make rape in armed conflict a war crime:  The testimony of a woman who was sexually tortured under the Gaddafi regime is proving a catalyst for political change in Libya.”

? Force-feedings will continue at Guantanamo. The US “says feedings provide ‘essential nutritional and medical care’ and will not interfere with religious observance”.

? “China Russia launch largest-ever joint naval drill in Sea of Japan, highlighting warming ties.”

International Finance

? Irish “Pensioners at ‘breaking point‘ because of austerity budgets”.

? US, Australia and UK tried to ensure the UN’s Green Climate Fund gave money directly to corporations, “bypassing poorer countries’ governments.”  They were overruled, but they’re now maneuvering to wrest and keep control of the funds through other means.

? “Heartburn in Washington: India Calls Iran ‘Critical’ to their Energy Future.”  And they aren’t the only ones who’ve “dodged the penalties accruing from violating U.S. sanctions” for purchasing Iranian oil.

? Stiglitz:  “So-called free trade talks should be in the public, not corporate interest.” We need a transparent, democratic process not one ” likely to perpetuate a managed trade regime.”

Money Matters USA

? “Obama should have listened to Paul Krugman“.  But he didn’t, hence weak stimulus, too-big-to-fail bailouts rather than effective correction, failure to connect with and mobilize grassroots, etc. With little to stop them,  the Republicans effectively pursuing their agenda.

? One regulation aimed at reducing miners’ exposure to coal dust [think black lung]” was first proposed in October, 2010, now moved forward to September, 2013. And that’s not the only one.

? “As cities and states struggle to raise revenue in a sagging economy, they have increasingly turned control of public services and assets over to for-profit corporations”.  Enter, stage left, The ‘Taxpayer Empowerment Agenda”.

? “Furloughs begin next week for Defense Department civilians; job cuts may be on horizon.” [cont’d.]

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