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Nelson Mandela’s ex-charity chief found not guilty over ‘blood diamonds’

Jeremy Ractliffe, who hid uncut diamonds given by supermodel Naomi Campbell, says he has no regrets The former head of Nelson Mandela’s children’s charity, who received alleged “blood diamonds” from the British supermodel Naomi Campbell, has been cleared of wrongdoing by a South African court. Jeremy Ractliffe, founder of the charity, had been charged with illegally keeping uncut diamonds. The gems were passed to him by Campbell after she allegedly received them as a gift from former Liberian president Charles Taylor. A judge said that the case against Ractliffe, who could have faced 10 years in jail if convicted, was not proven. “Mr Ractliffe, you are not guilty and discharged,” said magistrate Renier Boshoff after hearing half a day of testimony. Ractliffe, 74, the former chief executive of the Nelson Mandela Children’s Fund, had been accompanied to court by his wife and five daughters, who embraced and wept after hearing the verdict. Ractliffe claimed he kept the stones and did not report them to authorities in an attempt to protect the reputations of Mandela, Campbell and the charity. He insisted that he had no regrets and did not blame Campbell for his trouble. “I was just doing my job,” he said outside court. “I did what I did for what I felt were totally valid reasons. I have always thought I was innocent and it was very nice to have this proven.” His wife, Gail, added: “My husband is a good and honourable man.” The existence of the stones emerged last year during the war crimes trial of Taylor at The Hague. Prosecutors said they were “blood diamonds” given by Taylor to Campbell in 1997 after a charity dinner hosted by Mandela with guests including the Hollywood actor Mia Farrow. Campbell testified that she received “dirty-looking stones” from three men who came to her hotel room. The supermodel said that she did not know the source of the diamonds, but other witnesses claimed she had bragged about getting them from Taylor. Campbell said she gave Ractliffe the diamonds the morning after she received them, during a trip on the luxury Blue Train, as a donation to Mandela’s charity. Ractliffe said he did not tell the foundation about the diamonds and kept them in a safe for 13 years until he handed them over to police after Campbell’s August 2010 testimony. Ractliffe had already stepped down as chief executive by last August. He resigned as a trustee after the diamond controversy became public. It is illegal in South Africa to possess a rough diamond because of its possible links to funding fighters in African civil wars, money laundering and other crimes. Taylor has denied using illegally mined diamonds to buy weapons for Sierra Leone’s Revolutionary United Front rebels during the 1991-2001 civil war. His three-year trial closed in March and judges are expected to deliver their verdict later this year. South Africa Blood diamonds Naomi Campbell Charles Taylor Nelson Mandela David Smith guardian.co.uk

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Pandora valuation soars to $4.2bn

Market’s appetite for technology stocks continues as music streaming site’s worth hits more than twice the value of AOL Pandora, the music streaming company, saw its valuation rocket to $4.2bn (£2.6bn) in the first hour of trading at its flotation on the New York stock exchange – $1.6bn higher than anticipated. Shares in Pandora traded at $26 each in the opening minutes of its market debut on Wednesday, 60% higher than the loss-making company’s initial offer price of $16 . Pandora’s shares opened at $20, up 25%, and went as high as $26, briefly valuing the company at $4.2bn – more than twice the value of AOL. The share price settled back during the first hours of trading to about $22, a market value of $3.6bn. While the surge was expected – Pandora has put only about 9% of its shares on the public market and investors clamoured to get hold of the limited supply – the market’s appetite for technology stocks continues unabated. Demand mirrored the pattern seen with recent tech flotations such as LinkedIn, which saw its shares soar from $45 each to $90 in the opening minutes of trading last month. However, if the trading pattern remains true to form Pandora can expect its share price to fall back by perhaps a fifth in the coming days, in line with what occurred to LinkedIn and Russian search engine Yandex. Pandora reported revenue of $51m, with a net loss of $6.8m in the three months to the end of April. The company has 90 million registered users in the US and makes money mainly from advertising, with significant costs for music royalties to record companies – it paid out $29m in three months to the end of April. Pandora also warns that its revenue growth rate is expected to decline in the future as the business matures and encounters more competition. While investors have taken the chance to buy shares, Pandora faces competition on numerous fronts, including from satellite radio provider Sirius, music services such as Rhapsody and cloud storage services from Apple, Google and Amazon. Spotify’s long-awaited US launch is also said to be close. •

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Greece parties in power-sharing talks

Socialist government and conservatives opposition plot ‘grand coalition’ to deal with debt crisis amid violent strike in Athens, reports state TV Greece’s Socialist government began power-sharing talks with the opposition conservatives as violent clashes ripped through Athens , state television has reported. State-run NET television said the prime minister, George Papandreou, was in talks with the opposition leader Antonis Samaras to form a possible grand coalition government to deal with the country’s crippling debt crisis. Officials were not immediately available for comment, but several conservative MPs publicly backed the idea and called for Papandreou to step aside. “The most important member of a ship’s crew is the captain, and the captain has to go,” prominent conservative MP Theodoros Karaoglou said. “If we joined forces, we could go to our [creditors] together to negotiate and the results of course would be better.” Violent clashes lasted several hours after more than 25,000 people gathered outside parliament to protest against a new package of tax rises and spending cuts. At least 20 people were detained, police said. The rally was called during a general strike against a new wave of austerity measures worth €28bn (£25bn) to 2015, exceeding the Socialists’ scheduled term in office by two years. Papandreou has suffered plummeting approval ratings and an open revolt within his own Pasok party. One of his MPs left the party on Tuesday night and declared himself an independent, reducing Pasok’s majority to five seats in the 300-member parliament. Greece Europe Global recession Economics Global economy European Union IMF Financial crisis Banking Market turmoil guardian.co.uk

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The Larry Summerses of the world agree with the DFH’s on identifying the problems, but as Robert Kuttner says, they are too chickenshit or too stubborn to actually agree with us when we call out the right things to do. What Larry Summers Can’t Bring Himself to Say If you want to understand why the Obama administration’s heart is in the right place but it suffers from a chronic lack of political nerve, you need look no further than former chief economic advisor Larry Summers. On Sunday, Summers published a piece in the Financial Times warning that the recovery was at risk of sputtering out. His analysis was spot-on. But his proposed solutions were feeble, bordering on pathetic. Summers declared boldly: The problem in a period of high unemployment, as now, is a lack of business demand for employees… After bubbles burst, there is no pent-up desire to invest. Instead, there is a glut of capital caused by the over-investment during the period of overconfidence – vacant houses, malls without tenants, factories without customers. Exactly so. And Summers went on to debunk such usual remedies as training programs, tax cuts, and deficit reduction for its own sake. Increasing the supply of qualified workers, he added, may even make things worse: Training programs or measures to increase work incentives for those with high and low incomes may affect who gets the jobs, but in a demand-constrained economy will not affect the total number of jobs. Measures that increase productivity and efficiency, if they do not also translate into increased demand, may actually reduce the number of people working as the level of total output remains demand-constrained. So, what’s solution? A big infrastructure program, or Stimulus II, right? Surely, that logically follows. Well, no. .. read on It’s maddening. Atrios continues: All Wind-Up And No Pitch It’s basically the same with Klain, who spent time arguing with the imaginary hippies who were obsessed with the stimulus involving Big Projects. Now as a certified dirty hippie, I think there was a blown opportunity to make the case for big projects, though I don’t think that’s the same thing as thinking big projects should have been central to the stimulus. And thinking that some big projects would be a good thing isn’t just Hoover Dam nostalgia, it’s thinking that…there are some big projects that we should be doing! Klain then goes on to make the case that we should be repairing things instead of focusing on big new projects. Well, this dirty hippie mostly agrees! Or, at least, agrees that while there shouldn’t necessarily be a tradeoff, there are basically limitless fast opportunities to spend money repairing water systems. However, after arguing that we should repair stuff, Klain goes on to say that… wait, nevermind, we shouldn’t be repairing stuff!… read on

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House Democrats didn’t take any steps to punish Anthony Weiner after a closed-door caucus meeting, but more than one lawmaker said they were waiting for his wife to get home and hopefully convice him to step down. Huma Abedin, a top aide to Hillary Clinton, arrived back from a State…

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IPCC asks scientists to assess geo-engineering climate solutions

Leaked documents ahead of key Lima meeting suggest UN body is looking to slow emissions with technological fixes rather than talks • Read the documents here Lighter-coloured crops, aerosols in the stratosphere and iron filings in the ocean are among the measures being considered by leading scientists for “geo-engineering” the Earth’s climate, leaked documents from the UN climate science body show. In a move that suggests the UN and rich countries are despairing of reaching agreement by consensus at global climate talks, the US, British and other western scientists will outline a series of ideas to manipulate the world’s climate to reduce carbon emissions. But they accept that even though the ideas could theoretically work, they might equally have unintended and even irreversible consequences. The papers , leaked from inside the Intergovernmental Panel on Climate Change (IPCC), ahead of a geo-engineering expert group meeting in Lima in Peru next week , show that around 60 scientists will propose or try to assess a range of radical measures, including: • blasting sulphate aerosols into the stratosphere to reflect sunlight into space; • depositing massive quantities of iron filings into the oceans; • bio-engineering crops to be a lighter colour to reflect sunlight; and • suppressing cirrus clouds. Other proposals likely to be suggested include spraying sea water into clouds to reflect sunlight away from the Earth, burying charcoal, painting streets and roofs white on a vast scale, adding lime to oceans and finding different ways to suck greenhouse gases out of the air and deposit heat deep into oceans. The meeting is expected to provide governments with a scientific assessment of geo-engineering technologies, but is widely expected to be in favour of more research and possibly large-scale experimentation despite an international moratorium adopted by the UN last year in Japan. This week, more than 125 environment, development and human rights groups from 40 countries published a letter sent to Rajendra Pachauri, the Nobel prize-winning head of the IPCC, warning that the body had no mandate to consider the legality or political suitability of using geo-engineering. “Asking a group of geo-engineering scientists if more research should be done is like asking bears if they would like honey,” said the letter, signed by groups including Friends of the Earth International, Via Campesina and ETC. Concern over the IPCC meeting centres on who should decide what kind of geo-engineering takes place, and how it should be regulated and monitored. Some projects might, if they work, unintentionally change weather patterns and possibly affect farming and livelihoods in some of the most vulnerable areas in the world. “[Geo-engineering] is not a scientific question, it is a political one. International peasant organisations, indigenous peoples and social movements have all expressed outright opposition to such measures as a false solution to the climate crisis,” says the letter. Britain is, along with the US, strongly backing geo-engineering research and has supported scientists with millions of pounds of university research, including a Bristol University plan to develop a “hose” held up by balloons through which sulphates can be sent into the stratosphere. The Royal Society is now trying to develop international guidelines and principles and is holding workshops around the world. In a letter to the Guardian this week, Georgina Mace, professor of conservation science at Imperial College, London and Catherine Redgwell, professor of international law at UCL, said that investment in geo-engineering research had already begun and, “without international governance structures, schemes could soon be implemented unencumbered by the safeguards needed”. But according to abstracts of the papers, Redgwell will advise the IPCC in Peru next week that no new laws should be adopted. “A multilateral geo-engineering treaty is not likely or desirable. The appetite for climate change law-making is low.” The main principles, she suggests, should be that geo-engineering is a “public good”, there should be public participation in schemes and independent assessment of the impacts. “Geo-engineering is not a public good but could be a giant international scandal with devastating consequences on the poor,” said Diana Bronson, researcher with international NGO the ETC Group. In the papers, many of the scientists accept there are that major uncertainties around the technologies. However, the scientific steering group of the meeting, which will assess the technologies, includes many well-known geo-engineering advocates who have called for public funds to conduct large-scale experiments as well as scientists who have patents on geo-engineering technologies or financial interests in the technologies. The meeting has been given added weight because last week, Christiana Figueres, head of the UNFCCC, told the Guardian that the world may have to investigate geo-engineering because emissions were continuing to rise. “We are putting ourselves in a scenario where we will have to develop more powerful technologies to capture emissions out of the atmosphere”, she said. “We are getting into very risky territory.” Geo-engineering Intergovernmental Panel on Climate Change (IPCC) Climate change Global climate talks United Nations Peru John Vidal guardian.co.uk

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MSNBC’s Roberts Trots Out Rep. Ellison to Dismiss Hearings on Inmate Radicalization

With Rep. Peter King (R-N.Y.) holding a hearing on the radicalization of Muslim inmates in U.S. prisons, MSNBC's Thomas Roberts this morning set out to discredit the premise of the proceedings by interviewing Minnesota Democrat and practicing Muslim Rep. Keith Ellison. Ellison, Roberts reminded viewers of MSNBC's 11 a.m. Eastern hour of live news coverage, provided tearful testimony at a hearing in March on Islamic radicalization. Roberts began his interview by practically holding Ellison forth as an expert when it comes to the data regarding prisoner radicalization (emphasis mine): Today's hearing really keys in on prisons. Congressman King though noting that dozens of ex-convicts that have traveled on to Yemen and join al Qaeda fringe groups. From what you've seen though, how widespread is the problem and is it really warranted to be discussed today in these hearings? Ellison responded that radicalization should be discussed but objected that the hearings were focusing unfairly on Muslims when there are “white supremist (sic) groups, other groups, gangs from various parts of the world that might be the subject of a hearing.” Roberts failed to challenge Ellison, moving on to query him on his thoughts about GOP presidential hopeful Herman Cain and his views on potentially having Muslims in his Cabinet. The MSNBC daytime anchor also failed to balance out Ellison by bringing on experts who have studied prison inmate radicalization nor any conservatives or Republicans who would rebut Ellison's complaint that Muslims were being unfairly singled out. # # #

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Leftist In Pink Dress Accosts Citizen Journalist at WI Anti-Walker Mob Rally (Video)

A vile leftist lunatic in a pink dress accosted a citizen journalist from the MacIver Institute at an anti-Walker mob rally on Tuesday. The crackpot in the pink dressed screamed: “You are going to film the protesters to intimidate them … Continue reading → Broadcasting platform : YouTube Source : Gateway Pundit Discovery Date : 15/06/2011 02:33 Number of articles : 5

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Bilderberg 2011: The Good, The Bad, and the Incredibly Wealthy

As the security curtain is folded away for another year, we take a look back at some of the highlights of the world’s most important (and least publicised) international summit Charlie Skelton

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A British juror who took empathy for the defendant a little too far is going to jail for contempt of court. Joanna Fraill used Facebook to find and befriend a woman she had helped acquit on drug charges. Before the jury had reached a verdict on other defendants, the two…

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