At Least 80 Dead in India Terror Attacks

NEW DELHI — Coordinated terrorist attacks struck the heart of Mumbai, India’s commercial capital, on Wednesday night, killing dozens in machine-gun and grenade assaults on at least two five-star hotels, the city’s largest train station, a movie theater and a hospital…. Even by the standards of terrorism in India, which has suffered a rising number of terrorist attacks this year, [read more]

by Somini  Sengupta  | The New York Times | 27 November 2008

Pass the plate

If Detroit’s disintegrating carmakers are bailed out, Europe’s will be next in line

IT IS not just in Washington, DC, that a fierce debate is being conducted about whether to provide state aid to the beleaguered car industry. On Tuesday November 18th, just as the bosses of General Motors (GM), Ford and Chrysler were lining up with their begging bowls before the Senate banking committee, the directors of the European Investment Bank, the European Union’s lending arm [read more]

From The Economist inline | 19 November 2008

New friendly fire coverup: Army shreds files on dead soldiers

After Salon published Benjamin’s Oct. 14 report, the Army ordered soldiers to shred documents about the men. As proof that they were ordered to destroy the paperwork, a soldier saved some examples and provided them to Salon.

Last month, Salon published a story reporting that U.S. Army Pfc. Albert Nelson and Pfc. Roger Suarez were killed by U.S. tank fire Read more

Minority Entrepreneurs Hope for a Stronger SBA

Small and minority-owned business entrepreneurs have felt neglected these past eight years. The Small Business Administration, which is charged with serving their needs, has experienced budget cuts and constant turnover in personnel, including three different administrators. … And, despite numerous claims by the Bush administration that small businesses are a primary source of job creation in the United States, [read more]
by Joyce Jones | on www.blackenterprise.com | 19 November 2008

Triple Whammy: Credit, Economy, Sales

For carmakers and dealers, it’s a perfect storm

As the financial turmoil that erupted in the United States spreads around the globe, the already depressed U.S. auto industry and its counterparts in Europe, China and India are bracing for the worst.…“While the global automotive industry is clearly experiencing a slowdown in 2008, the global market in 2009 may experience an outright collapse,” Jeff Schuster, executive director of automotive forecasting [ read more ]

By Bevolyn Williams-Harold | The Network Journal online  | Posted: November 2008

Libertarian Party Replaces GOP as Party of Free Market Advocates

Republicans Responsible for Massive Growth in Government Regulation

WASHINGTON, D.C. – Following Senator John McCain’s 2008 presidential campaign, and the support of the massive bailouts by Republican members of Congress, the Libertarian Party says it has replaced the GOP as the party of free market advocates.

“The Republican Party no longer represents advocates of capitalism and the free market,” says Libertarian Read more

Beware of a stampede to war

The UN may send more troops to Congo. Would they do any good?

WHEN elephants fight, goes a Swahili saying, it’s the grass that suffers. And so it is in eastern Congo, where civilians are being trampled in a terrible way in fighting involving Congolese troops, followers of the rebel leader, Laurent Nkunda, and an assortment of nasty militias. Some 250,000 people have been displaced. Reports of massacres, rape, cholera and hunger are multiplying. [ read more ]

From The Economist online | 13 November 2008

How This Recession Could Change the World

The falling price of oil, China’s stimulus plan, and a developing U.S. bond market massacre. Say goodbye to America’s high standard of living

Your gas tank has probably noticed the return to lower prices. It is easier to keep it full at only $2.07 a gallon. That is a welcomed respite: More money in your pocket, Read more

The return of blood and anger

And the political cost of ending the ceasefire in Gaza

THE angry crowds are back on the streets of Gaza, along with the corpses wrapped in symbols of martyrdom and the militiamen in battle fatigues firing their guns. For five months the teeming Read more

HOPE WINS AND THE DREAM LIVES ON!

Democratic Senator Barack Obama has been elected the first black president of the United States.

On Tuesday November 4, 2008 Millions of votes — Blacks, Whites, Hispanics, Asian, women, youth, new voters and the elderly— made a leap of faith and put the future of their country into the hands of the son of a Black Kenyan father and a white Kansan mother.

Read more

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