Hedge Fund Seeks Sanctions Against Argentina (tags)
Judge Gives Court-Appointed Mediator More Power to Resolve Dispute
Argentina Faces US Contempt Hearing (tags)
US Federal Judge Thomas Griesa scheduled Argentina to appear for a contempt hearing on Monday, September 29. At issue is Argentina's failure to follow a court order to only continue to pay the 92% of bondholders who restructured after the country's 2001 default if Argentina pays a group of hold-out hedge funds. Argentina organized payment to restructured bondholders via an Argentine bank to avoid paying the hedge funds. The hedge funds, popularly known as "vulture funds," are asking the judge to hold Argentina in contempt and fine the South American country $50,000 per day.
Banks and Investors Challenge Predatory Funds Solutions Fall Short of Comprehensive Prot (tags)
The International Capital Market Association (ICMA), a group of banks and investors, released a new debt framework this morning aimed at reducing the ability of predatory funds and holdout investors to undermine debt restructuring. The plan was created after meetings convened by the US Treasury Department in the wake of Greece's debt restructuring and comes in the aftermath of the landmark debt case between Argentina and NML Capital.
Banks and Investors Call for New Debt Rules In Wake of Argentina Hedge Fund Case (tags)
The International Capital Market Association (ICMA), a group of banks and investors, will call Friday for reforms aimed at preventing repeats of the Argentina/NML Capital debt dispute.
Argentina Braces For Default (tags)
Argentina is likely to default barring a last-minute breakthrough in negotiations with hold-outs or a court order. Argentina's grace period to pay bonds restructured after its 2001 default expires July 30th. Predatory funds and hold-outs may use court ruling to target Grenada and the Democratic Republic of Congo.
Pacifica Radio, Rwanda, and DR Congo (tags)
As the stand-off at the Pacifica Radio Foundation offices in Berkeley continues, I have to ask myself why Pacifica matters. Is it worth such a constant struggle? One reason I answer yes is the truth that makes its way onto Pacifica airwaves about Rwanda, DR Congo, the whole Great Lakes Region of Africa, and the US/Pentagon responsibility for the most lethal conflict since World War II. News reports about this are not consistent across the network, or across the broadcasts of different stations, but some of Pacifica's reporting on this fulfills its oft repeated claim to bring you news that no one else will. This is one example: the voice of Keith Harmon Snow, included in this 02.12.2014 KPFK report, is heard on RT and Press TV, but certainly not on NPR, or any major TV network outlet in the U.S. or Canada.
Why is Obama Silent Over the New Congo War (tags)
The last Congo war that ended in 2003 killed 5.4 million people, the worst humanitarian disaster since World War II. The killing was directly enabled by international silence over the issue; the war was ignored and the causes obscured because governments were backing groups involved in the fighting. Now a new Congo war has begun and the silence is, again, deafening.
War Is A Crime Preparation for Feb 7, 2012 Cal Primary (tags)
California will be part of Super Tuesday on February 7, 2012 when Alabama, Arkansas, California, Connecticut, Delaware, Georgia, Illinois, Missouri, Montana Republican caucuses, New Jersey, New York, Oklahoma, Tennessee and Utah have their presidential primaries. The two peace parties on the California ballot are Peace & Freedom Party and the Green Party. Below is a partial list of the war crimes and human rights violations of the current Democrat in the White House.
World Geopolitics and The Battle for the Mediterranean (tags)
"If one were to live in a city where the only form of employment was a coal mine and there was no means to leave the city then one would have no choice but to work at the coal mine. Control of labour movement is a cornerstone to the socio-economic objectives of the U.S., the E.U., the World Bank, and a league of associated international financial institutions (IFIs). By rendering work forces immobile in any given geographic locality the rights of employment choice and occupational alternatives are removed and a new form of monopoly is established — a forced acceptance of work on whole pools of individuals. Rising fuel prices are also adding to the erosion of mobility rights.??The security agenda behind controlling movements is heavily tied to economic objectives, as are the international disease scares like avian influenza (bird flu) and the swine flue that lock up human movement. Control of mobility in the oceans and international waters of the world is also part of this objective. The internationally illegal Proliferation Security Initiative (PSI) was initiated by the U.S. government, with the support of the E.U., in 2003 as part of the “Global War on Terror.” The Proliferation Security Initiative is presented as a means to prevent the proliferation of weapons of mass destruction (WMDs), however it can be applied to bring about a hold over global maritime mobility. The strategy is a threat to international movement on the high seas and maritime trade. There is good reason why it is illegal under international law and the 1982 U.N. Convention on the Law of the Sea.??Industrial De-location in the European Union and the Global Economic Crisis??This process of industrial de-location has already been underway in the E.U. for years, under which industries have been relocated to Eastern Europe and other global regions. Under this neo-liberal paradigm jobs and industries can gradually be removed from wealthier E.U. states to Southern Mediterranean nations, where cheap and immobile labour forces will be awaiting."
UN Peacekeepers Complicit in Sex Trade (tags)
peacekeepers are predatory
Venezuela: Why Unlimited Re-election is Bad for the Revolution (tags)
A supporter of Hugo Chavez' anti-imperialist efforts explains why he is nevertheless opposed to Venezuela's recent constitutional amendment abolishing term limits.
BTL:Washington Intensifies Verbal Attack on Iran (tags)
BETWEEN THE LINES Syndicated Radio Newsmagazine --Weekly Summary
The shameful awarding of the Peace Prize to a war criminal
Early CIA Involvement in Darfur Has Gone Unreported (tags)
There has been a glaring omission in the U.S. media presentation of the Darfur tragedy. The compassion demonstrated, mostly in words, until recently, has not been accompanied by a recognition of U.S. complicity, or at least involvement, in the war which has led to the enormous suffering and loss of life that has been taking place in Darfur for many years. In 1978 oil was discovered in Southern Sudan. Rebellious war began five years later and was led by John Garang, who had taken military training at infamous Fort Benning, Georgia.
UN Peacekeeping Paramilitarism (tags)
How UN peacekeepers are used as thuggish paramilitaries for empire.
Europe’s ‘Green’ militarists (tags)
The days when the German Green Party opposed international military operations by Germany’s armed forces, or at least criticized them, have long since passed. After seven years in government, the party has returned to the opposition benches, but it has by no means returned to its former pacifist positions. The Greens are among the most avid proponents of a German military mission in the Democratic Republic of the Congo, one that could easily become the most extensive and dangerous foreign operation conducted by German soldiers since World War II.
FORGOTTEN WAR A PHOTOGRAPHIC EXHIBITION (tags)
An exhibition of photographs by world-renowned VII Photo Agency photographers who recently traveled with Doctors Without Borders/ Médecins Sans Frontières (MSF) in Democratic Republic of the Congo in order to shed light on the suffering of the Congolese people as . . .
humanitarian assistence (tags)
This programme of humanitarian assistance providing medicines for the Lake Tanganiyka region, will benefit refugees in the Lugufu I & II refugee camps, situated 80 km from the Tanzanian city of Kigoma, on the coast of Lake Tanganiyka. The refugees in these camps are from the Democratic Republic of the Congo and number 70,000.
Excerpts from Oct 02 Nat'l Intelligence Estimate on Iraqi WMDs (tags)
he following article contains excerpts from the October 2002 National Intelligence Estimate that the Bush administration war criminals claim justifies their bloody mass murder of the Iraqi people in the recent War in Iraq.
CIA got report after Bush address (tags)
The CIA did not receive the now-discredited documents that were a key source of the Bush administration's claim that Iraq sought uranium in Africa until after President Bush's State of the Union address, U.S. officials say.
World Bank and International Monetary Fund strangle economies of Third World (tags)
The World Bank’s origins go back to the Bretton Woods conference of July 1944, when leaders from 43 nations assembled to start building the global economy in the aftermath of World War II. U.S. Treasury Secretary Henry Morgenthau, hoping to avoid another worldwide depression, called for creation of institutions that would create “a dynamic world community in which the peoples of every nation will be able to realize their potentialities in peace.”