More than 200,000 job cuts have been announced so far this year, according to company reports. Nearly 2.6 million jobs were lost over 2008, the highest yearly job-loss total since 1945.
Beleaguered Citigroup is upgrading its mile-high club with a brand-new $50 million corporate jet - only this time, it's the taxpayers who are getting screwed.
The French-made luxury jet seats up to 12 in a plush interior with leather seats, sofas and a customizable entertainment center, according to Dassault's sales literature. It can cruise 5,950 miles before refueling and has a top speed of 559 mph.
There are just nine of these top-of-the-line models in the United States, with Dassault's European factory churning out three to four 7Xs a month.
TVNL Comment: The US Government should take possession of this and sell it on behalf of the tax payers who bailed Citi out.
The BBC’s refusal to broadcast a humanitarian appeal for Gaza on behalf of a group of charities is motivated by a desire to appease US advertisers for its commercial TV channel and website, and by Mark Thompson’s own political proclivities.
This channel relies heavily on advertisers from the United States who we understand have told the BBC in no uncertain terms that they would advertise with it only if the corporation changed its editorial line on the Arab-Israeli conflict in favour of Israel.
Monday, the United Nations Special Rapporteur on Torture Manfred Nowak told CNN's Rick Sanchez that the US has an "obligation" to investigate whether Bush administration officials ordered torture, adding that he believes that there is already enough evidence to prosecute former Secretary of Defense Donald Rumsfeld.
Invoking President Barack Obama, House Judiciary Committee Chairman John Conyers (D-MI) has subpoenaed former Bush Deputy Chief of Staff Karl Rove about his alleged involved in the political prosecution of an Alabama governor and the firings of nine US Attorneys.
Iraq is a nation of walls: Tall concrete blast walls built during the past six years, ancient mud-brick barricades that date to antiquity and walls built of various materials from the centuries in between. The newest walls protect Iraqis from one another, but they also divide families. They separate the government from the people, and foreigners from Iraqis.
The United Nations' crime and drug watchdog has indications that money made in illicit drug trade has been used to keep banks afloat in the global financial crisis, its head was quoted as saying on Sunday.
"In many instances, drug money is currently the only liquid investment capital," Costa was quoted as saying by Profil. "In the second half of 2008, liquidity was the banking system's main problem and hence liquid capital became an important factor."
TVNL Comment: Michael Ruppert exposed this over 20 years ago. He explains it in his speeches related to the money trail to the events of 9/11. You can see him discussing this along with 9/11 on the DVDs THE TRUTH & LIES OF 9/11 (viewalbe for free in our members section...sign up for free), & Denial Stops Here - From 9-11 to Peak Oil and Beyond. Michael even mentions the names of Columbian drug lords who sit on the board of Citigroup.
In Gaza, where half the population is under the age of 16, the young bear some of the war's deepest scars. At least 280 children were killed, nearly as many as the number who died in Gaza during the entire second intifada, or uprising, according to the Gaza-based Palestinian Center for Human Rights. More than 1,000 others were wounded.
Tel Aviv has reintroduced the idea of attacking Iran in the wake of a deadly military offensive in Gaza, which claimed over 1300 lives.
Israel claims that the speedy rate at which Iran is conducting its nuclear program and the comments made by Iranian President Mahmoud Ahmadinejad about Israel's final fate indicate that Tehran poses a threat to Israel.
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