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Saturday, 8 March 2014

March 8, 2014: News Updates

News is rather quiet today (though interesting!) and I am currently working on several major articles, so TN will be shorter than usual.

China Is Crashing … As Predicted

march 7/14
China’s $23 Trillion Dollar Credit Bubble Is Bursting

France's Nicolas Sarkozy 'had phone tapped by judges'

 7 March 2014 Last updated at 15:59 GMT
Former French President Nicolas Sarkozy has had his phone tapped for the past year on the orders of judges investigating alleged campaign donations from Libya, it is claimed.
And Le Monde newspaper says the phone taps have revealed evidence of tampering with the justice system.
It says a senior prosecutor in the country's highest court was feeding Mr Sarkozy confidential information.

Malaysia airlines flight carrying 239 people crashed into the sea – unconfirmed reports

Published time: March 08, 2014 00:34
Edited time: March 08, 2014 07:13
Malaysia Airlines flight MH370 carrying 239 people crashed into the sea, reports Vietnamese state media citing a Navy official. The craft disappeared from radars early on Saturday morning over Vietnamese airspace.

 Credit Suisse U.S. Clients in Limbo as Probe Inches Ahead

By David Voreacos Mar 7, 2014 5:09 PM GMT+0100
Thousands of Credit Suisse Group AG (CSGN)’s U.S. clients still don’t know whether tax authorities will learn their identities as prosecutors work to conclude a three-year probe of how the bank helped them evade taxes.

Starved & evicted: Britain’s poor now treated worse than animals

Published time: March 07, 2014 11:12
If someone had told me a decade ago that the British government would deliberately starve my fellow countrymen in an attempt to bully them into slave labor jobs that wouldn’t even pay the bills, I would have laughed in their face.
But now I know I would have been the fool. This is indeed the breathtaking strategy of David Cameron’s LibDem-Tory coalition.

The Washington Post Uses Biased Experts to Promote Propaganda on Venezuela

By Murtaza Hussain 3 Mar 2014
...What the authors failed to explain is that the Inter-American Dialogue is a think-tank whose members happen to include several officials from Venezuela’s previous government – the same one deposed by Hugo Chavez’s Bolivarian Revolution. Even more distressingly, the Dialogue counts among its funders organizations such as Exxon Mobil, Chevron, the U.S. government through USAID, and the embassies of Canada, Mexico and Guatemala among others.
That these groups have distinct political and financial interests in Venezuela casts some doubt on the impartiality of the viewpoints their funded analysts produce. Indeed, a 2006 diplomatic cable revealed by WikiLeaks uncovered the fact that U.S. officials were planning to implement a “5-point strategy” to undermine the Chavez government, specifically using USAID as a means to accomplish this. That USAID also happens to be a prime funder of the Inter-American Dialogue raises some serious questions about its unstated mission in the country.

Scotland warns UK against rejecting currency union

Sat Mar 8, 2014 3:46PM GMT
Scotland’s finance minister has warned that British taxpayers would be loaded with all of the national debt if an independent Scotland is not allowed to share the pound.
John Swinney made the warning on Friday, saying that an independent Scotland would not take a share of Britain’s £1.3 trillion national debt if the government in Westminster rejected a sterling currency union when the Scottish vote ‘yes’ in the independence referendum in September.

Yemen President sacks interior minister, intelligence chief

march 8 2014
Yemen’s President Abdrabuh Mansur Hadi has fired Interior Minister Abdelqader Qahtan and an intelligence chief amid a surge of unrest across the country, local media say.

Saudis outlaw Brotherhood and order jihadis to return-

 march 9 2014
Saudi Arabia listed the Muslim Brotherhood and two Syrian jihadist groups as terrorist organizations on Friday, and ordered citizens fighting abroad to return home within 15 days or face imprisonment.
The move represents a major escalation against the Brotherhood of deposed Egyptian president Mohamed Morsi and indicates rising concern in Riyadh over the potential risks to domestic security of Saudi extremists fighting in Syria.

Everything must go: There's a flood of store closings

By Chris Isidore  @CNNMoney March 7, 2014: 7:20 AM ET
Brick and mortar chain stores died this week, after a long illness. Born along Main Street, raised in shopping malls across post-World War II America, the traditional store enjoyed decades of good health, wealth and steady growth. But in recent years its fortunes have declined. Survived by and online outfits too numerous to list.