Carlin: Wall Street Owns Washington

Britain warns Israel there will be a ‘strong reaction’ if it presses ahead with settlement expansion plans

http://www.independent.co.uk/news/world/middle-east/foreign-office-summons-israel-envoy-over-settlement-expansion-plans-8375358.html

“The Foreign Office went on to again urge the Israelis to drop the settlement plan announced by prime minister Benjamin Netanyahu, saying: “We deplore the recent Israeli government decision to build 3,000 new housing units and unfreeze development in the E1 block. This threatens the viability of the two-state solution.”

Earlier, officials described Israeli press reports that Britain – together with France – was planning to recall its ambassador from Tel […]

The Interior Dept closing 1.6 million acres of fed. land slated for oil shale

The Interior Department on Friday issued a final plan to close 1.6 million acres of federal land in the West originally slated for oil shale development.

The proposed plan would fence off a majority of the initial blueprint laid out in the final days of the George W. Bush administration. It faces a 30-day protest period and a 60-day process to ensure it is consistent with local and state policies. After […]

China bans shark fin soup

(Reuters) – Chinese netizens on Wednesday bit back at a government decision to ban serving shark fin soup at state banquets within three years, mocking it as a timid step by leaders who spend lavishly on other delicacies and are aloof from common concerns.

“You have to wait three years to do this?” demanded Wu Yaxue, a psychologist in Beijing, on his microblog account.

“Given the way Chinese civil servants eat, in […]

Italian Treasury – Urgent measures to increase the capital base of Banca Monte dei Paschi di Siena

via Google translate:

The Council of Ministers, upon proposal of the Minister of Finance, has approved emergency measures to increase the capital base of Banca Monte dei Paschi di Siena SpA (MPS) in the implementation of the Declaration of the Heads of State or Government of ‘EU of 26 October 2011 on measures to strengthen the banking sector. The government decision was taken following the recommendation EBA/REC/2011/1 8 December 2011 which sought to ensure […]

A brilliant Op-Ed on the ongoing euro crisis stupidity

From Bloomberg:

The never-ending comedy that is Europe’s sovereign-debt crisis has reached its Otter moment. That’s when the world realizes the fundamental principle guiding every important government decision is this: “I think that this situation absolutely requires a really futile and stupid gesture be done on somebody’s part!”

The quote comes from the 1978 movie “Animal House.” After the dean of the fictitious college tells the Delta House boys that he’s expelling […]

ISRAEL AUTHORIZES ‘GROUND OPERATION’ TO STOP GAZA ROCKETS

JERUSALEM (AP) — Israel has authorized its military to take all necessary steps to stop rocket fire from Gaza, including a ground operation, an Israeli military official said Tuesday, as Egypt worked on a truce and said Israel had agreed to delay stepping up its response.

The Israeli government decision stopped well short of ordering tanks to roll into Gaza, and it appeared unlikely that would happen, as rocket fire all […]