Former Bosnian Serb general facing genocide charges appears in UN court following arrest last week 8.40am: If you want to watch the hearing and don’t have access to a TV channel showing it then the ICTY has a live video stream of this morning’s hearing, accessible on the front page of its website . 8.29am: One final bit of historic context before the hearing starts. Peter Beaumont has been hearing the stories of three people who suffered at the hands of Mladic’s forces. They’ll hopefully be giving their reactions after this morning’s court session. • Satko Mujagic, Omarska prisoner At the age of 20 Satko Mujagic, who now works for the Dutch government, was held prisoner in the notorious Omarska concentration camp. I lived in the town of Kozarec. It was overrun 12 days after it was attacked by heavy weapons. I was 20 at the time and I had just finished at high school. I was a civilian but I spent 200 days in the camps including a military one. The person I was more happy to see arrested was Radovan Karadzic. I was in Turkey then. I was really excited because he was the brains behind what happened. I made a kind of jump when Mladic was arrested. I mean, he was the one who was carrying out the murders. The key thing to remember is the meeting he attended on May 12th in Banja Luka when Karadzic presented his six point plan. Mladic took the floor. He said: “You realise that this would be regarded by the international community as genocide?” He wasn’t saying I don’t want to do this. He was saying – look. Just so you know. That’s the crucial thing for me. He knew three years before Srebrenica. He knew what he was doing. Many people are bitter that it took so long and about the support he still has in Republica Srpska (the Bosnian Serb entity). A new generation of young Serbs think he is a hero despite all the people that he he killed. • Sadik Ahmetovic, Srebernica survivor Sadik Ahmetovic, now Bosnia’s security minister, was born in Srebrenica later to be the site of the worst atrocity of the Bosnian war when troops commanded by Ratko Mladic massacred 8,000 men and boys in the UN protected enclave. Ahmetovic was one of those who managed to escape on 11 July 1995, eventually reaching safety in Tuzla. I’d graduated from university in Tuzla but I spent the war in Srebrenica working in the hospital there. I cannot forget that time. Before the war it was a place of between 5-7,000 people but during the war the refugees increased the population to 40,000. The conditions were unimaginable, not even close to being fit for human life. It was insanitary, people were starving and in the hospital we did not have anything like what we need to do our jobs. The situation got worse in June and July of 1995. We were under attack and on July 11th like many people in the town I made the decision to try to escape. Those next 10 days trying to reach Tuzla were like scenes from hell. Somehow I managed to survive but 8,000 others were not so lucky and were executed and buried in mass graves. “It’s well known that Ratko Mladic was the commander of the forces then and that the Tribunal has called what happened genocide. Seeing him arrested I feel a kind of satisfaction on one level knowing that for me and for the families of the victims he is finally facing justice. There will be a legal process and he will answer for the charges. But his arrest could have happened much earlier. Then there is the knowledge that institutions in Serbia and individuals helped him escape. Where my feelings are mixed is that for many of us, our emotions were murdered in the long period until his arrest. It was 16 years of waiting. Many mothers who lost children died before he could be brought to justice. But it is important now that this is happening. We need the truth as well as justice to help build more trust in the future and for reconciliation to take place. • Nihad Kresevljakovic, lived through the siege of Sarajevo Nihad Kresevljakovic lived through the siege of Sarajevo during which 10,000 residents were killed during a campaign of often indiscriminate shelling and sniping. He is now executive producer of Sarajevo’s MESS International Theatre Festival. There’s no doubt that this is a moment of huge significance but I don’t feel euphoric about it. I mean, the experience of living through the siege – being shelled by Serb cannons, being without communications or electricity – it felt like a fight for existence. People were being killed in the streets, and after the command of the Bosnian Serb forces was given to Mladic it became more aggressive. It’s too late for euphoria. Too many things have happened. When Karadzic was arrested there were people on the street. For me, as someone who spend tiome in Sarajevo during the siege, it was not just the shells from his forces being fired at the city, it was Mladic’s statements on television that I remember as well. He was a crazy man. What bothers me is the number of supporters that he has in the other entity [Republika Sprska]]. There is a new generation that has grown up that treats Ratko Mladic as a hero. He is talked about in the media there as a good soldier but he was not. He had no ethics. He was a criminal. But we should be very careful. Ratko Mladic is just the personification of a whole system. For himself, he looks ill and weak. It is good to see how slowly he walks and the difficulty with which he talks, because Mladic was a myth and this breaks the myth of him. But justice too cannot be satisfied until it Serb aggression is not only proven but Serbs also realise that they were the aggressors. Then we will be able to live as good neighbours. And when there is no longer a minority of Serbs who think people like Ratko Mladic are cool guys. 8.29am: Mladic has arrived at the court complex, the BBC is reporting. 8.20am: I’ve just spoken to Robert outside the court building in The Hague. He talks through what’s likely to happen at today’s hearing and discusses meeting relatives of those killed at Srebrenica, who have come to the Netherlands to watch from the public gallery: There are six women survivors of Srebrenica here. Between them they’ve lost dozens of people, including their children and extended family members… One lady I spoke to explained how she’d begged Mladic face to face at the time of Srebrenica about her sick son, saying he was too sick to be taken away. He was taken away and she’s never found even a bone of his body, she’s said subsequently. 8.05am: Earlier this week Robert went to see the courtroom where Mladic will appear: The stage for Mladic’s first appearance on the international stage after 16 years on the run will be Court One of the International Criminal Tribunal for the Former Yugoslavia, in the Hague. It is the showcase court in an austere building dedicated to trying those suspected of crimes committed in the former Balkan state since 1992. The court room is divided lengthways into two with seating for 99 people in a public gallery on one side of a full height glass divide and the lawyers, suspects and judges on he other. I dropped into the gallery on Wednesday before Serge Brammertz, the court’s lead prosecutor, gave his press conference. No mobile phones are allowed, you need a pass and there is a bag and body scan before you can get in. I sat down with a smattering of others three or four yards away from Radovan Karadzic, the former president of the Bosnian Serb republic who is facing similar charges to Mladic, and watched a few minutes in the life of a trial that had already been running for 18 months. Karadzic, wearing a smart black suit, pressed white shirt and black shoes yawned and itched, possibly picked, his nose as he followed the prosecutor’s case against him. When documents were referred to he fiddled with a computer mouse and cross-checked on one of two flat computer screens in the desk in front of him. He looked like a businessman sitting through a not particularly interesting seminar, rather than a suspected genocidal war criminal. Just a yard behind him and to one side sat a female guard. Mladic is likely to sit in the same spot as Karadzic today, but this time the gallery will be packed. 8.03am: This is our story ahead of the hearing from today’s paper , by Robert Booth in The Hague, which also touches on claims by Mladic’s defence that the former general has been treated for cancer. 8.00am: About an hour from now, following 16 years on the run and eight days after he his arrest at a Serbian village, Ratko Mladic is, at long last, to face legal redress for his alleged key role in the Europe’s worst human rights atrocity since World War II. At 10am Dutch time (9am BST) the former general who led Bosnian Serb forces during the brutal 1992-1995 conflict which broke apart the former Yugoslavia is due to appear before the International Criminal Tribunal for the Former Yugoslavia , the UN-established body which is already trying Radovan Karadzic , Mladic’s former political master. Why is this such an important moment? Those perhaps too young to recall the horrors of the conflict should begin with the Guardian’s July 1995 eyewitness reports of the Srebrenica massacre , during which forces allegedly under Mladic’s command massacred over 7,000 Bosnian Muslim men and boys. Alternatively you could watch this BBC interview with Kemal Pervanic , among those treated appallingly in the Omarska concentration camp . Mladic will this morning be arraigned on 11 charges, among them genocide and crimes against humanity. Here is the full ICTY indictment against him from October 2002 (pdf file). Following his arrest, and an unsuccessful appeal against extradition, Mladic was flown to The Hague on Tuesday afternoon . Today will be his first opportunity to plead, and the expectation is the former general will deny the charges. “Whatever was done in Srebrenica, he has nothing to do with it. His orders were to evacuate the wounded, the women and the children and then the fighters,” Mladic’s son, Darko, said as his father fought extradition. It’s also clear that a number of people in Serbia still back their former military hero. As news of his arrest spread, thousands of people rallied in Belgrade to protest, fighting running battles with police . Ratko Mladic Serbia Bosnia and Herzegovina United Nations Europe War crimes Peter Walker guardian.co.uk
Continue reading …The hackers, who call themselves LulzSec, said they pulled off what they described as an elementary attack to highlight Sony’s ‘disgraceful’ security Sony has been hit by a second massive data breach, hackers claim, another potential embarrassment for a company that is struggling to restore its image following the loss of millions of credit card numbers through its PlayStation Network. The hackers, who call themselves LulzSec, said they pulled off what they described as an elementary attack to highlight Sony’s “disgraceful” security. “Every bit of data we took wasn’t encrypted. Sony stored over 1,000,000 passwords of its customers in plaintext, which means it’s just a matter of taking it,” LulzSec said in a statement. “They were asking for it.” Sony Pictures, a subsidiary of Sony Corporation of America, said on Thursday it is aware of the LulzSec statement. “We are looking into these claims,” said Jim Kennedy, executive vice president of global communications for Sony Pictures Entertainment. The data which includes passwords, email addresses, phone numbers, home addresses, dates of birth was posted to the LulzSec website and appeared to be at least partially genuine. The Associated Press called a number listed by LulzSec as belonging to 84-year-old Mary Tanning, a resident of Minnesota. Tanning picked up the phone, and confirmed the rest of the details listed by LulzSec including her password, which she said she was changing. “I don’t panic,” she told the AP, explaining that she was very seldom online and wasn’t wealthy. “There’s nothing that they can pick out of me,” she joked. Several other people contacted by the AP confirmed that their passwords had been published online. Many were angry and distressed. “If this is so, I’m very upset,” said Elizabeth Smith, from Tucson, Arizona. “I’m very disappointed that Sony would not protect things like that.” Like several others contacted , Smith said she often entered online sweepstakes including ones she described as being affiliated with Sony. Neither she nor anyone else reached over the phone said they’d heard from the company about the apparent breach. Sony Corporation is already is facing questions over why it did not inform consumers more quickly after a massive cyber-attack in April targeted credit card information through its PlayStation Network and Sony Online Entertainment network, compromising more than 100 million user accounts. At the time, experts warned the attack emboldened hackers and made them more willing to pursue sensitive information. It is unclear who the members of LulzSec are, or where they’re based. The group didn’t immediately reply to emails sent to their website’s administrative and technical accounts or to a Twitter message posted to the Web late Thursday. The group’s website – which has a pared-down, 1990s look – was only registered on Wednesday, according to an Internet records search. The site’s registrant is listed as being based in the Bahamas. LulzSec recently claimed responsibility for hacking the website of the PBS television network to post a fake story in protest of a recent “Frontline” investigative news program on WikiLeaks. For the past two days, the group has been mocking Sony via Twitter and alluding to a hacking operation. Posts on the microblogging site through an account linked to the group at times chastise “silly Sony” and “You Sony morons,” saying “everything we have will be published in multiple ways to ensure maximum embarrassment and exposure for (Sony) and their security flaws.” Sony Hacking Internet Computing guardian.co.uk
Continue reading …The hackers, who call themselves LulzSec, said they pulled off what they described as an elementary attack to highlight Sony’s ‘disgraceful’ security Sony has been hit by a second massive data breach, hackers claim, another potential embarrassment for a company that is struggling to restore its image following the loss of millions of credit card numbers through its PlayStation Network. The hackers, who call themselves LulzSec, said they pulled off what they described as an elementary attack to highlight Sony’s “disgraceful” security. “Every bit of data we took wasn’t encrypted. Sony stored over 1,000,000 passwords of its customers in plaintext, which means it’s just a matter of taking it,” LulzSec said in a statement. “They were asking for it.” Sony Pictures, a subsidiary of Sony Corporation of America, said on Thursday it is aware of the LulzSec statement. “We are looking into these claims,” said Jim Kennedy, executive vice president of global communications for Sony Pictures Entertainment. The data which includes passwords, email addresses, phone numbers, home addresses, dates of birth was posted to the LulzSec website and appeared to be at least partially genuine. The Associated Press called a number listed by LulzSec as belonging to 84-year-old Mary Tanning, a resident of Minnesota. Tanning picked up the phone, and confirmed the rest of the details listed by LulzSec including her password, which she said she was changing. “I don’t panic,” she told the AP, explaining that she was very seldom online and wasn’t wealthy. “There’s nothing that they can pick out of me,” she joked. Several other people contacted by the AP confirmed that their passwords had been published online. Many were angry and distressed. “If this is so, I’m very upset,” said Elizabeth Smith, from Tucson, Arizona. “I’m very disappointed that Sony would not protect things like that.” Like several others contacted , Smith said she often entered online sweepstakes including ones she described as being affiliated with Sony. Neither she nor anyone else reached over the phone said they’d heard from the company about the apparent breach. Sony Corporation is already is facing questions over why it did not inform consumers more quickly after a massive cyber-attack in April targeted credit card information through its PlayStation Network and Sony Online Entertainment network, compromising more than 100 million user accounts. At the time, experts warned the attack emboldened hackers and made them more willing to pursue sensitive information. It is unclear who the members of LulzSec are, or where they’re based. The group didn’t immediately reply to emails sent to their website’s administrative and technical accounts or to a Twitter message posted to the Web late Thursday. The group’s website – which has a pared-down, 1990s look – was only registered on Wednesday, according to an Internet records search. The site’s registrant is listed as being based in the Bahamas. LulzSec recently claimed responsibility for hacking the website of the PBS television network to post a fake story in protest of a recent “Frontline” investigative news program on WikiLeaks. For the past two days, the group has been mocking Sony via Twitter and alluding to a hacking operation. Posts on the microblogging site through an account linked to the group at times chastise “silly Sony” and “You Sony morons,” saying “everything we have will be published in multiple ways to ensure maximum embarrassment and exposure for (Sony) and their security flaws.” Sony Hacking Internet Computing guardian.co.uk
Continue reading …UK-based bookmaker Betfred has been chosen to buy the Tote after an auction process that began in November, according to reports The Government has chosen British-based bookmaker Betfred to buy the Tote following a six-month auction process, according to reports. Culture Secretary Jeremy Hunt is expected to declare Betfred the provisional winner of the race to acquire the horseracing business, the BBC said. The deal is yet to be formally completed and a contract is yet to be signed, but technicalities are expected to be sorted out by the end of the day. It is not known the exact fee Betfred is paying, but it is expected to be in the region of £200 million. Half the money will go to the racing industry and racing charities, and the majority of the rest will go to the Government. A shortlist of bidders was drawn up after the Government received 18 takeover proposals for the State-owned betting group. The racing industry is understood to have preferred a rival bid from Sport Investments Partners (SIP), a consortium led by British Airways chairman Martin Broughton. The Tote, which was set up by an Act of Parliament in 1928, has now been lined up for sale for 10 years. The Coalition fired the starting gun on the latest attempt to offload it into private hands during June’s Budget, with the auction process beginning in November. Sport betting Horse racing guardian.co.uk
Continue reading …If you're like me, you've been waiting for feminist claims that global warming is harder on women and therefore should be a greater concern to the public. Actress Sigourney Weaver of “Alien” fame did just that Thursday with an astonishingly ludicrous article published at the Huffington Post – a website rife with astonishingly ludicrous articles: You might think that a force as sweeping as global warming would be an equal opportunity threat: that it would endanger men and women alike. But the fact is climate change exacts a heavier toll on women. Yep. She wrote that. It's so absurd it's worth repeating: “climate change exacts a heavier toll on women.” How you might ask? Women produce up to 80 percent of the food in the developing world. Drought and unpredictable rains brought on by climate change will make this work far more precarious. Women will have to labor harder and longer to ensure their families have food, fuel, and water. Our role as caretakers puts us at even greater risk in times of extreme weather. Studies have found that women are 14 times more likely to die as a result of storms and other extreme weather than men. Fourteen times! Why? Because women often look after the children, the elderly, and the sick, and that means we have less mobility in a flood or wildfire. Shh. Wait. It gets better: If you ask people the tools we need to stop climate change, most talk about wind and solar energy, fuel efficient cars, and biofuels. But there is another solution that is not so widely known: empowering women. Yep. We can solve rising temperatures by – wait for it! – empowering women: Two groundbreaking studies, one from the U.S. National Center for Atmospheric Research and one from the Futures Group , found that simply by meeting women's existing needs for voluntary family planning, we could reduce carbon emissions by between 8 and 15 percent. That is the equivalent of stopping all deforestation today…Improving women's lives while curbing emissions offers another arrow in our quiver. Yep. Improving women's lives will lower temperatures on the planet. I wonder if Tipper Gore agrees with this premise?
Continue reading …Watch live streaming video from theuptake2 at livestream.com I thought you might want an update on the original story on the Cub Food hunger strike in Minneapolis. Local politicians and clergy have intervened to end the strike, and promised to work to negotiate some kind of settlement between the chain and the underpaid, overworked cleaning contractors: Supporters of floor cleaners who work at Cub Foods ended a 12-day hunger strike against the supermarket chain Wednesday. Centro de Trabajadores Unidos en Lucha (CTUL), a labor advocacy group that coordinated the hunger strike, said cleaning workers and their supporters agreed to end it after religious leaders and elected officials said they’d press Cub for a solution. “We’re absolutely not ending the struggle,” said Veronica Mendez, a CTUL organizer. Mike Siemienas, a spokesman for Cub’s owner, Eden Prairie-based Supervalu, said “Cub Foods appreciates the involvement of elected officials and community leaders to end the hunger strike.” Cub, like most local grocery chains, doesn’t directly employ floor cleaners; they work for contractors. “It is our hope [the workers] will reach out to the cleaning companies to discuss any concerns,” Siemienas said, adding that Cub met with CTUL in 2010 and said essentially the same thing. CTUL says the stores are the problem’s root: Cleaners’ wages and working conditions have been eroded by stiff competition between cleaning firms for supermarket contracts.
Continue reading …Click here to view this media MSNBC’s Thomas Roberts, filling for Ed Schultz after his suspension, talked to former Clinton Labor Secretary Robert Reich about the stalled talks on raising our debt ceiling and how the paralysis in Washington, D.C., is allowing the bigger problem to be ignored — namely, the fact that our politicians have done little to nothing to address the situation with unemployment in the U.S. I for one am sick of the hostage-taking by the GOP on this issue and their complete irresponsibility on taking Medicare and Medicaid hostage and demanding that either the poor and the elderly get hit as part of their deal, or they crash the world’s economy. As Reich noted, there are very large problems our politicians are refusing to deal with in regards to our economy that they’re completely ignoring due to ideological issues and making this ridiculous argument a centerpiece when they should be focusing on getting Americans back to work instead. Reich has much more in his columns at his blog in a couple of his latest posts, some of which he discussed with Roberts here. How to Get Washington’s Attention : Finally, it seems, the economic burdens of America’s vast middle class may be catching up with the Street. The Dow lost 2.22 percent today; the Standard & Poor’s 500-stock index was down 2.28 percent. Both marked their worst declines since August 11, 2010. The Nasdaq composite index fell 2.33 percent. We’re coming full circle: The stock market is dropping because corporate earnings are slowing. Corporate earnings are slowing because consumers are pulling back. Consumers are pulling back because they don’t have enough jobs or adequate wages. The immediate cause of the sell-off was an announcement by ADP Employer Services, a payroll processing firm that estimates employment, that private employers added only 38,000 jobs in May. The economy needs 125,000 new jobs a month just to tread water, given that at least 125,000 people join the potential labor force every month. Simply put, if new hires are in the range of five digits, American consumers will not have enough purchasing power to buy what the private sector can produce. Read on… The Truth About the American Economy (II) : The Stalled Recovery The U.S. economy was supposed to be in bloom by late spring but it’s hardly growing at all. Expectations for second quarter growth aren’t much better than the measly 1.8 percent annualized rate of the first quarter. That’s not nearly fast enough to reduce our ferociously-high level of unemployment. The Labor Department will tell us Friday whether the jobs situation improved in May, but there’s been no sign of a surge in hiring. Nor in wages. Average hourly earnings of production and non-supervisory employees – who make up 80 percent of non-government workers – are lower than they were in the depths of the recession, adjusted for inflation. Meanwhile, housing prices continue to fall. They’re now 33 percent below their 2006 peak. That’s a bigger drop than recorded in the Great Depression. Homes are the largest single asset of the American middle class, so as housing prices drop many Americans feel poorer. All of this is contributing to a general gloominess. Not surprisingly, consumer confidence is also down. The recovery has stalled. It’s unlikely America will find itself back in recession but the possibility of a double dip can’t be dismissed. The Problem of Demand The problem isn’t on the supply side of the ledger. Corporate profits are still healthy. Big companies continue to sit on a cash hoard. Large and middle-sized companies can easily borrow more, at low rates. The problem is on the demand side. American consumers, who constitute 70 percent of the total economy, can’t and won’t buy enough to get it moving. They justifiably worry they won’t be able to pay their bills or afford to send their children to college or to retire. Banks, with equal justification, are reluctant to lend to them. But as long as consumers hold back, companies remain reluctant to hire new workers or raise the wages of current ones, feeding the vicious cycle. The timing is unfortunate. Foreign consumers won’t help much even if the dollar continues to slide. Europe’s debt crisis and embrace of austerity, Japan’s tragedy, and China’s fiscal tightening have reduced global demand. At the same time, the federal stimulus here has about run its course. The Federal Reserve is about to end its $600 billion of purchases of Treasury bills, designed to bring down long-term interest rates and make it easier for homeowners to refinance. Worse yet, state governments – starved for revenue and constitutionally barred from running deficits – continue to cut programs. Local governments are now in worse shape, laying off platoons of teachers and fire fighters. Read on…
Continue reading …Click here to view this media MSNBC’s Thomas Roberts, filling for Ed Schultz after his suspension, talked to former Clinton Labor Secretary Robert Reich about the stalled talks on raising our debt ceiling and how the paralysis in Washington, D.C., is allowing the bigger problem to be ignored — namely, the fact that our politicians have done little to nothing to address the situation with unemployment in the U.S. I for one am sick of the hostage-taking by the GOP on this issue and their complete irresponsibility on taking Medicare and Medicaid hostage and demanding that either the poor and the elderly get hit as part of their deal, or they crash the world’s economy. As Reich noted, there are very large problems our politicians are refusing to deal with in regards to our economy that they’re completely ignoring due to ideological issues and making this ridiculous argument a centerpiece when they should be focusing on getting Americans back to work instead. Reich has much more in his columns at his blog in a couple of his latest posts, some of which he discussed with Roberts here. How to Get Washington’s Attention : Finally, it seems, the economic burdens of America’s vast middle class may be catching up with the Street. The Dow lost 2.22 percent today; the Standard & Poor’s 500-stock index was down 2.28 percent. Both marked their worst declines since August 11, 2010. The Nasdaq composite index fell 2.33 percent. We’re coming full circle: The stock market is dropping because corporate earnings are slowing. Corporate earnings are slowing because consumers are pulling back. Consumers are pulling back because they don’t have enough jobs or adequate wages. The immediate cause of the sell-off was an announcement by ADP Employer Services, a payroll processing firm that estimates employment, that private employers added only 38,000 jobs in May. The economy needs 125,000 new jobs a month just to tread water, given that at least 125,000 people join the potential labor force every month. Simply put, if new hires are in the range of five digits, American consumers will not have enough purchasing power to buy what the private sector can produce. Read on… The Truth About the American Economy (II) : The Stalled Recovery The U.S. economy was supposed to be in bloom by late spring but it’s hardly growing at all. Expectations for second quarter growth aren’t much better than the measly 1.8 percent annualized rate of the first quarter. That’s not nearly fast enough to reduce our ferociously-high level of unemployment. The Labor Department will tell us Friday whether the jobs situation improved in May, but there’s been no sign of a surge in hiring. Nor in wages. Average hourly earnings of production and non-supervisory employees – who make up 80 percent of non-government workers – are lower than they were in the depths of the recession, adjusted for inflation. Meanwhile, housing prices continue to fall. They’re now 33 percent below their 2006 peak. That’s a bigger drop than recorded in the Great Depression. Homes are the largest single asset of the American middle class, so as housing prices drop many Americans feel poorer. All of this is contributing to a general gloominess. Not surprisingly, consumer confidence is also down. The recovery has stalled. It’s unlikely America will find itself back in recession but the possibility of a double dip can’t be dismissed. The Problem of Demand The problem isn’t on the supply side of the ledger. Corporate profits are still healthy. Big companies continue to sit on a cash hoard. Large and middle-sized companies can easily borrow more, at low rates. The problem is on the demand side. American consumers, who constitute 70 percent of the total economy, can’t and won’t buy enough to get it moving. They justifiably worry they won’t be able to pay their bills or afford to send their children to college or to retire. Banks, with equal justification, are reluctant to lend to them. But as long as consumers hold back, companies remain reluctant to hire new workers or raise the wages of current ones, feeding the vicious cycle. The timing is unfortunate. Foreign consumers won’t help much even if the dollar continues to slide. Europe’s debt crisis and embrace of austerity, Japan’s tragedy, and China’s fiscal tightening have reduced global demand. At the same time, the federal stimulus here has about run its course. The Federal Reserve is about to end its $600 billion of purchases of Treasury bills, designed to bring down long-term interest rates and make it easier for homeowners to refinance. Worse yet, state governments – starved for revenue and constitutionally barred from running deficits – continue to cut programs. Local governments are now in worse shape, laying off platoons of teachers and fire fighters. Read on…
Continue reading …Military experts say unidentified devices found in West Bank may have contained outlawed white phosphorus The Israeli army has been accused of leaving dangerous munitions near Palestinian homes after two boys were seriously burnt when they picked up a mysterious silver canister which exuded toxic white fumes. A second canister, discovered nearby less than a week later, was destroyed by the army in a controlled explosion The army does not deny leaving the devices, but would not identify them and suggested they were left over after training exercises. But the area where they were found does not feature on an army map of designated training areas and the canisters appeared new and unweathered. Eid Da’ajani, 15, found the canister on 20 February, around 100 metres from his home in the village of Buweib, south of Hebron. The device, around 20cm (7.9 ins) long and 5cm in diameter, was lying in a scrubland where the boys were watching the family’s goats. Eid showed it to his cousin, Mohammed, also 15, who said that it might be a bomb, but Eid picked at the tube’s foil-like covering, causing it to emit dense white fumes. The boys ran away but the gas clung to them and burnt their clothes, melting their shoes and burning their skin. “The moment the smoke came. I dropped it, but the smoke followed us. When we escaped that’s when the pain started, ” said Eid. Military experts consulted by the Guardian said the effect of the smoke was similar to that caused by white phosphorous but could not speculate on the nature of the devices from photographs alone. One suggested that it could be chaff – projectiles fired from an aircraft to decoy enemy missiles – which had not ignited. The use of white phosphorous in civilian areas is banned by the Geneva conventions yet it is often used by armies for marking and creating smoke screens. Israel used white phosphorous in civilian areas during the Gaza war in 2008-2009 but stopped after international criticism. Khalid Da’ajani, the boys’ grandfather said that 10 people in the area had been killed by discarded army bombs. “We knew it was the army [which left the cannister] but we had never seen anything like this. The burns seemed to spread along their bodies and all we could do was pour water on them which didn’t seem to help,” he said. Both boys were taken to the local hospital in Yatta, but when contacted by Eid’s father the Israeli army showed little interest until told that there had been an explosion. Soldiers then questioned the boys and doctors eventually gave them an intravenous transfusion which eased their pain. The family’s request to receive treatment in an Israeli hospital was denied, but two days later, the boys were taken to hospital in Hebron where a team of visiting Italian doctors spent three hours cleaning their wounds. The hospital report states that boys suffered first to second degree burns to their faces, hands, ankles and legs due to “the explosion of a foreign body”. They were then referred to a burns unit in Nablus, around 60 miles from their home, rather than to an Israeli hospital less than half the distance away. But last week, Lo’ai, Mohammed’s younger brother discovered an identical canister not far from where the first was found. He ran away and his family contacted the army. After inspecting the device, troops piled rocks and explosives around it before blowing it up. In a statement, a spokesman for the Israeli army said: “The area under discussion served in the past as a training field and is no longer in use. The young men were treated on site by a military medical team. Because their injuries were light, they did not require evacuation to an Israeli hospital, and they were evacuated by the Red Crescent.” Almost two weeks after the event the boys have stopped vomiting and suffering from headaches. Large parts of their skin remain bleached white and blistered. Both seem to be recovering but still find it hard to walk. A spokesman for Physicians for Human Rights and Israeli non-governmental organisation said that the incident represented a violation of the Palestinians’ right to the health by the Israeli army. “Leaving bombs unattended on the lands of Palestinians where children and others spend most of their time is a violation of human rights. Worse, is the fact that the army denied these children a better treatment in Israeli hospitals despite the fact that they admitted it was a bomb they had left in the field,” the spokesman said. Physicians for Human Rights have said that they have written to ask the army for answers about the incident and will take legal action with the family if the army does not explain how two of these dangerous devices appeared in village lands that are regularly frequented by children, adults and animals. Israel Middle East Palestinian territories White phosphorus Conal Urquhart guardian.co.uk
Continue reading …Three-year-old Chicago firm seeks backing for expansion after attracting 83m subscribers Online discount coupon service Groupon has confirmed plans to go public, announcing its intention to raise an estimated $750m (£460m) on the US stock markets and become the latest, and largest, social media firm so far to feed an investor frenzy for new technology companies. Groupon, a three-year-old Chicago-based start-up, is by some measures the fastest growing firm in history. It notched up revenue of $94m in 2008, its first year of business. In the first quarter of 2011, revenues were $644.7m, according to information filed with US regulators. The company sells coupons offering discounts, taking a cut in any money the business makes. It now has 83m subscribers across 43 countries. In a letter to potential investors, Groupon’s co-founder and chief executive, Andrew Mason, warned future growth could come at the expense of profit. Last year, the company lost $450m, compared with $6.9m in 2009 and $2.2m in 2008. “In the past, we’ve made investments in growth that turned a healthy, forecasted quarterly profit into a sizeable loss,” said Mason. “When we see opportunities to invest in long-term growth, I expect that we will pursue them regardless of certain short-term consequences.” The company warned it had lost money since its inception and it expected operating expenses to grow for some time. “We cannot be certain that we will be able to attain or increase profitability on a quarterly or annual basis,” the filing said. But mounting losses have so far failed to put off investors. The value of Groupon and other social media sites including Facebook and gaming company Zynga have soared as investors have clamoured to get in on the action. Groupon rejected a $6bn bid from Google last December and went on to raise $1bn from institutional investors. Analysts have recently pegged the company’s value at $25bn. The share sale looks set to create a new set of dotcom millionaire and billionaires as Groupon’s investors and early employees see their shareholdings turn into paper fortunes. Groupon’s largest shareholder, Eric Lefkofsky, a co-founder and board member, owns 64.1m shares, 21.6% of the company’s Class A common stock. Mason controls 7.7% of the company. The Groupon filing follows the sale of LinkedIn, the business network. It went public on 19 May at $45 a share and its stock soared to more than $100 on the first day of trading. , LinkedIn shares traded around $79, giving it a market capitalisation of about $7.5bn. Facebook, the biggest social networking site is expected to go public next year and has seen its valuations soar from $60bn to $100bn in less than a year. Groupon Digital media E-commerce Internet Daily deals United States IPOs Dominic Rushe guardian.co.uk
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