Showing posts with label US. Show all posts
Showing posts with label US. Show all posts

Monday, November 10, 2008

Monday Morning Headlines

U.S. Provides More Aid to Big Insurer

By ANDREW ROSS SORKIN and MARY WILLIAMS WALSH, NYTimes

Key Points:
  • "The revised bailout came as A.I.G. reported a loss Monday of $24.47 billion, or $9.05 a share in the third quarter, after a profit of $3.09 billion, or $1.19 a share, a year ago."
  • "When the restructured deal is complete, taxpayers will have invested and lent a total of $150 billion to A.I.G., the most the government has ever directed to a single private enterprise. It is a stark reversal of the government’s assurance that its earlier moves had stemmed the bleeding at A.I.G.."
  • "The new deal makes the government a long-term investor in A.I.G., something that Treasury Secretary Henry M. Paulson Jr. had said he hoped to avoid."
  • "Finally, the government will invest another $22.5 billion in A.I.G. to help the company buy residential mortgage-backed securities that it also insured, and similarly place them into another entity off the company’s balance sheet. A.I.G. will put up $1 billion itself."
Read Full Article

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US Admits to Killing 37 Afghans in Attack on Wedding

In Afghanistan, the US has admitted to killing thirty-seven civilians and wounding dozens more in a military attack last week. The victims were bombed as they attended a wedding party outside the city of Kandahar. The Pentagon says the US bombed the area after coming under fire from nearby militants. It was the Pentagon’s quickest admission of a mass killing of Afghan civilians to date. It took nearly two months before the US admitted killing up to ninety civilians in a similar attack in August.

Source: Democracy Now!

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Secret Order Lets U.S. Raid Al Qaeda in Many Countries

Haaretz Newspaper

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Sunday, August 10, 2008

US Consul General expresses condolences over loss of Darwish

From the Ma'an News Agency:

Jerusalem – Ma'an – US Consul General Jacob Walles sent his condolences to Palestinian President Mahmoud Abbas for the death of Mahmoud Darwish, who passed away on Saturday in the United States following open heart surgery.

Ma'an received a copy of the letter in Arabic.

The letter reads: “I console you for the loss of the great Palestinian poet Mahmoud Darwish whose death affected every Palestinian. He was always respected for his eloquence, and his poems communicated Palestinians’ grief and hopes to whole world. He dedicated his life to the Palestinian people and to the establishment of Palestinian state along with bringing peace to the region. I do realize that Palestinians lost a significant 'leader' with this death."

He added: “Darwish’s words will accompany us through our journey to remind us of our future hopes. We lost a dear friend but still we have his inspiration left. I hope you accept my condolence and I’m sad for your loss”.

With reverence,
Jacob Walles
US Consul General


Source: http://www.maannews.net/en/index.php?opr=ShowDetails&ID=31218

Friday, July 18, 2008

Really?


What is exactly the Guardian trying to say with this photo that accompanied their exclusive breaking news on the Bush administration's plans to open an intersect office in Tehran? The media went crazy this past week over The New Yorker's cover- a cartoon ridiculing the Republican's attempt to portray Barack and Michelle Obama as a team of unpatriotic Americans- yet not a single word is uttered when photos such as the one on the left and on the bottom of this post is used. The heading of the article, US plans to station diplomats in Iran for first time since 1979, is followed by a mural depicting a burning American flag. The photo editors of the Guardian must not think highly of the intellect of Iranians and their readers. Photos and videos in news are suppose to supplement reports. They are not meant to cause readers to jump to far fetching conclusions. This photo can steer the reader to sway his or opinion regarding the article before ever reading a single word. This photo is a single frame that has been captured in a country with a population of over 70 million people. It does not reflect the realities of Iran. Scholars and experts on Iran have stated on many occasions that Iranians are the most pro-American people in the Middle East (disregarding the Islamic Republic's official stance towards the U.S.). However, with one look at this photo, Iran is being pigeon-holed into an un-American, flag burning country. Furthermore, this photo subtly hints that a U.S. Intersect Office in Tehran may be a dangerous situation for American diplomats.

It gets even better! Check out today's picture on the Guardian website. I'm interested to hear what other people have to say!