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Papandreou slams rating agencies

Greek government calls in Interpol over Citigroup trader’s email as restructuring speculation mounts Greece’s prime minister, George Papandreou, has launched a new attack on credit rating agencies amid mounting expectation that Greece was considering ways to restructure its debts. On the first anniversary of the Greek bailout by the International Monetary Fund and the EU , Papandreou said on a government website that agencies were “seeking to shape our destiny and determine the future of our children”. His outburst came as the Greek authorities focused on a London trader at US bank Citigroup in their attempts to get to the bottom of rumours that the government would restructure its debt as early as this Easter weekend. In an email sent on 20 April Paul Moss, a Citigroup employee, outlined “market noise” about a possible restructuring, when rumours were rife in the markets. Shares in Greek banks fell 4.7% that day, infuriating the Greek authorities, which have called in Interpol. Citi is adamant that neither it nor its employees have done anything wrong. Greek authorities said they were awaiting news of what they hoped would be an in-depth investigation. “Our cybercrime division has sent paperwork asking for the individual to be questioned,” said a police spokeswoman. On 20 April the Reuters news agency said 46 out of 55 economists expected Greece to have to restructure its debt in the next two years, with extending loans’ maturity the most likely option. Greek newspapers later reported on 22 April that this was what the country was privately already discussing. The country’s top-selling newspaper, Ta Nea, described “a velvet restructuring” that would include extending outstanding debt and a voluntary agreement to modify repayment terms. The paper said this would need to take place before 2012. Describing the informal talks, the paper said the Greek official in charge was finance minister George Papaconstantinou, who has reiterated that a debt extension or other restructuring was out of the question . Officially, the country is planning to return to the bond market early next year – reducing the urgency for a bailout – and Papaconstantinou claimed the debt was “sustainable” even though it is expected to hit 160% of GDP in 2012. Another Greek newspaper, Isotimia, reported that the government might seek to extend the maturities of its outstanding debt by an average of five years. In March Papandreou hit out at a downgrade by ratings agency Standard & Poor’s – to BB – saying that the country was being downgraded not because of its policies but because of the EU’s handling of the crisis. While Greece has never had a top-notch AAA rating it has been downgraded or warned of a downgrade eight times since January 2009, when it had an A rating. A year ago, just after the bailout, it was the first eurozone country to have its debt rating cut to junk when S&P had warned that bondholders could recover as little as 30% if the country restructured its debt. The cuts to the ratings help to push up the cost of borrowing for Greece on the international bond markets. Before the markets shut for the long Easter weekend, the yield on 10-year bonds was above 15%. Yields rise when bond prices fall. Germany, regarded as the safest borrower in the eurozone, has a yield of 3.27%. European debt crisis Greece Financial crisis Europe Euro Euro Europe Jill Treanor Helena Smith guardian.co.uk

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Misrata strikes back against snipers

Libya rebels seize tallest buildings, favoured by pro-Gaddafi snipers Rebels in the besieged city of Misrata have won a significant victory by retaking several key buildings that had been occupied by Muammar Gaddafi’s forces for over a month. The Tameen office block, the city’s tallest building, with a view across Misrata, was captured after relentless pounding by rebel forces. Numerous snipers were either killed or captured. Several other buildings nearby were also cleared, leaving the rebels in control of the northern end of Tripoli Street, the city’s main thoroughfare, which Gaddafi’s forces have been desperate to capture. The snipers had caused havoc in the city after they were sent in on 19 March, picking off civilians and rebels at will, as well as firing missiles from the roof of the buildings into civilian areas. On Friday morning, rebel forces were moving freely around the area near the Tameen building, which is littered with abandoned tanks, burnt cars and spent ammunition. Firefighters were cleaning the streets. “In this area, all the families had to leave because of the threat of the snipers,” said Hadi Tantoun, a journalist and rebel. “Capturing this building was very important.” The snipers had been cut off from the rest of Gaddafi’s forces for a week or more, unable to receive supplies. Entering the Tameen building through the pitch-black reception, strewn with debris, it was possible to get a glimpse of how they had been living. Mattresses and blankets indicated that several snipers had been sleeping in the stairwell on the first floor, relatively safe in the centre of the building. Their cooking pots still stood in the atrium area nearby. The once-smart offices on the sides of the building, whose tenants were mostly insurance agents, had been trashed by the snipers, with files on the floor and upturned sofas. In some offices, cabinets had been pushed against windows for protection. Many glass panes had been shattered by rebel fire. “Every night we attacked them with our RPGs [rocket-propelled grenades] and Kalashnikovs,” said Abdula Hafid, 24, a member of the “City Centre” rebel cell that finally liberated the building. “They killed a lot of civilians.” On higher floors there were empty tins of tuna and tomato paste, blankets, mattresses and sandals, and a few discarded green uniforms. According to rebel fighters, the few dozen snipers that still occupied the building this week had changed into civilian clothes before trying to escape down Tripoli Street on Thursday, towards their main base in the vegetable market. A sniper’s chair had been placed under a small window, which offered a view down the main street. Dozens of spent bullet shells and cigarettes littered the floor around the chair. In an office that had belonged to an architect there were graffiti written in green ink – Gaddafi’s colour – in Arabic. It read: “If we survive, we are warning you gays and dogs. We will not forgive anybody from Misrata. We will fuck your daughters and your wives.” One of the rebels had already penned a riposte: “Misrata is strong. We will win in the end.” On the top floor, several Gaddafi soldiers had been sleeping on dirty mattresses next to the elevator works. A torn photograph of a woman – a wife of one of the snipers perhaps – lay on the floor. On the roof there were thousands of spent bullet shells, and numerous discarded cases of anti-tank missiles that had been fired into the city. Up here the snipers would have had a clear view of the city, and everything that moved down below. They would have seen the destruction in the area nearby – buildings pockmarked by gunfire, featuring gaping holes where shells had struck, blackened by smoke. Glass and tyres and twisted metal on the streets. At the foot of the building lay the body of a sniper, covered with a blanket. It had been burned. One of the rebels said that if Gaddafi’s forces could not get their dead back to base, they set them on fire. A few civilians ventured cautiously on to Tripoli Street, which housed some of the city’s best coffee shops, several banks, and the Italian-built hotel where Mussolini once stayed. A rebel with a loudhailer warned them not to try to enter any of the shops: “This is not your property. Even if it is government property, it is for all the people”. He then cleared the area, saying it was still dangerous. The rebels had learned their lesson on Thursday night. After taking over the Tameen building, they dropped their guard while celebrating. Several fighters were killed, prompting scenes of grief at the main hospital, where brothers, fathers and colleagues of the victims wept and swore to avenge them. Libya Middle East Muammar Gaddafi Arab and Middle East unrest Xan Rice guardian.co.uk

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Forget the evidence ; ignore the Supreme Court and Michele Bachmann . With some 45% of Republicans believing Barack Obama is foreign-born, more than 12 state legislatures have seen bills requiring candidates to prove citizenship, reports the New York Times . And Oklahoma is poised to make its measure law, calling for even…

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C&L’s 2011 Fellowship & Infrastructure Donation Drive III

enlarge Credit: Sara C&L Reader It’s Day III of our C&L Donation Drive. Thanks for your support so far. A C&L reader sent this photo of Sarah in to show her support for the C&L Team. Send in your photos showing off your C&L swag or support and I’ll put them in a pool for a very cool prize in a few weeks. You may see a welcome screen that highlights our fundraiser. It won’t come up every time you click on the site. We’re just trying something new. You can grab some gear like a coffee mug, t-shirt or bumper sticker from our Cafe Press page . We need your help and support to continue to grow. For Snail Mail: Crooksandliars.com P.O. Box 66310 Los Angeles, CA 90066

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Mommy Mia! Court Battle Over Mom-Marketed Wines

The makers of a wine called MommyJuice are trying to get a California court to declare that they’re not infringing on the trademark of rival wine Mommy’s Time Out. (NewsFeed meanwhile ponders whether both companies might want to include a free sippy cup with purchase.)  Reuters reports that the owner of Mommy’s Time Out declined

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Modi

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Modi

Centro antico, Bobbio: via S. Caterina riapre al traffico dopo 15 anni SaLuSa 20 aprile 2011 Federazione Galattica di Luce FASHION SHOW AT K. N MODI COLLEGE BY CRAFT EVENTS & ENTERTAINMENT 9811417078,9811308894 Cessione del quinto: esistono dei modi per eliminare le spese … Nonostante la cessione del quinto sia sottoposta a precise regole, è possibile utilizzare degli accorgimenti che permettono di risparmiare su questa. Senior Gujarat police officer implicates Modi in riots | The Times … Main Source for Latest News from Pakistan,Afghanistan,India,Kashmir & World News Update,providing Latest News,Breaking News,Current Affairs,Sport News,Entertainment News,Business & Politics Update. Marketing Padova | Philip Kotler | Blog Studio 7AM | Studio … Oggi le aziende devono imparare a competere in modi innovativi, che comprendono la capacità di realizzare e consegnare i prodotti con maggiore rapidità, di migliorare il design e lo styling dei prodotti, di arricchire l’offerta con … Top cop implicates Narendra Modi for Gujarat 'carnage' – Daily … Indian Express Top cop implicates Narendra Modi for Gujarat ‘carnage’ Daily News & Analysis Senior Gujarat police officer Sanjiv Bhatt has blamed chief minister Narendra Modi for the 2002 “communal carnage”, saying he wanted Muslims to … Top cop says Gujarat CM Narendra Modi involved in Godhra case … Zee NewsTop cop says Gujarat CM Narendra Modi involved in Godhra caseTimes of IndiaNEW DELHI: Senior IPS officer Sanjay Bhatt, who was posted in the Intelligence Department, has filed an affidavit in the Supreme Court accusing Gujarat … khoj_khabar says: Sanjiv Bhatt: The man who took on Narendra Modi http://goo.gl/75Dyt #India #news

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Carol Burnett

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Carol Burnett

The Carol Burnett Show Mama’s Family season 11 Betty White 1977 CBS Sunday Night Promo All In The Famiyl Alice Carol Burnett Show Carol Burnett Show 1975 . Sketch/Parody of Tony Orlando and Dawn Carol Burnett on show business start: I'd never seen that many … Tonight Piers Morgan sits down with Carol Burnett for the full hour to talk books, fame, the daughter she lost and more. In the interview Burnett shares her. Carol Burnett – hot armistice news Carol Burnett born April 26, 1933 is an American actress, comedienne, singer, dancer and writer. Burnett started her career in NY. After becoming a hit on Broadway, she made her tv debut. After successful appearances on The Garry Moore … Glee: Carol Burnett , Furt and bullying | NewsTrending.net This entry was written by admin, posted on April 22, 2011 at 7:40 am , filed under Hot Trends and tagged carol burnett . Bookmark the permalink. Follow any comments here with the RSS feed for this post. … Where can I find The Carol Burnett show? | TwitEd Iv been looking for the complete series of the Carol Burnett Show on DVD for the past few years. the only place Iv found it on is Amazon, and its called a collection edition but there are so many cant tell if they have them all because … Carol Burnett | Shopping Discounts Carol Burnett , those wedding bells you hear are not for Prince William and Lady Catherine. no, it’s a wedding Glee, everyone, and you’re invited to a special cryfest “Furt,” the last episode where Kurt and Finn families are actually … RebeccaHolmes3 says: Carol Burnett still warm, still funny http://bit.ly/gfgI3I

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Microsoft patent application shows custom Kinect gestures, roaming user profiles

Since Kinect entered the world, modders have been hacking it for everything from playing Tetris to controlling a web browser . And really, Microsoft never seemed to mind . In case it wasn’t obvious how much the company wants you to help find new uses for the technology, the folks in Redmond have filed a patent application for custom profiles. We can see that having implications for gaming and even Windows shortcuts , but for now Microsoft expects it to improve Kinect’s accuracy by learning how you move — after all, no one jumps or points or apes Lady Gaga’s dance moves in exactly the same fashion, right? In other cases, the system might note that you prefer to make an “X” sign instead of a checkmark when selecting an object onscreen. And those personalized settings can roam over a network, shadowing you as you switch devices. Personally, we’re stoked about the idea of making our best Julian Assange dance a bona fide gesture, but we’ll be happy enough if Kinect can make up for our natural ungainliness. Continue reading Microsoft patent application shows custom Kinect gestures, roaming user profiles Microsoft patent application shows custom Kinect gestures, roaming user profiles originally appeared on Engadget on Fri, 22 Apr 2011 11:59:00 EDT. Please see our terms for use of feeds . Permalink

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Apple isn’t the only one tracking its users’ every move . Google’s Android OS does something very similar, a security analyst has found. The HTC Android phone he tested collected data on its current location every few seconds, transmitting it to Google several times an hour, the analyst tells the Wall…

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Dozens of Bodies Found in Mexico Car Park

Investigators found at least 26 badly decomposed bodies in a car park in the northern Mexico state of Durango on Wednesday and said they were looking for more. (April 22)

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