Daily News Channel
If early last September you’d parked outside Lehman Brothers’ Manhattan headquarters with a cell-phone scanner and listened only to some of the “chatter” coming out of Lehman’s front office, you almost certainly would have realized that Lehman was going under. But to understand the wider consequences, how capitalism was about to do a somersault into the watery abyss, you would have needed to understand how Lehman fit into the global financial system
The rebellion by paramilitary Bangladesh Rifles troops apparently ended Thursday after they handed over their weapons inside their headquarters in the capital city’s Pilkhana district, the national press agency quoted Prime Minister Sheikh Hasina as saying in a nationwide televised address. Earlier Thursday, the country’s home minister, Sahara Khatun, said mutinous paramilitary troops were close to laying down their arms and many had returned to their barracks. “They have raised white flags and the situation is in its last stages,” added a government official who did not want to be identified because he is not authorized to speak to the media
British prosecutors said Thursday they will not seek charges against accused Pentagon hacker Gary McKinnon, which puts him one step closer to being extradited to the United States to face charges. The Crown Prosecution Service said its decision comes despite McKinnon’s admission that he broke the law and intentionally gained unauthorized access to computer systems
President Obama on Thursday presented a budget that he said is an "honest accounting of where we are and where we intend to go." Congress received a 140-page summary of the budget for fiscal year 2010 Thursday morning. The full details are expected in April. The government’s fiscal year runs from October of one year to September of the next
Army tanks rolled toward the headquarters of the Bangladesh Rifles paramilitary force Thursday evening, with the government promising the restoration of peace and residents in the capital, Dhaka, fearing the worst. The country’s home minister, Sahara Khatun, said mutinous paramilitary troops who have been holding several high-ranking officers and military officials hostage since Wednesday were close to laying down their arms and many had returned to their barracks. “They have raised white flags and the situation is in its last stages,” added a government official who did not want to be identified because he is not authorized to speak to the media
A Syrian arms dealer was sentenced to 30 years in a U.S. federal prison for conspiring to sell weapons as part of a plot to kill Americans in Colombia, according to prosecutors
The London-based group issued a 38-page report Sunday night that detailed “evidence of war crimes and other serious violations of international law by all parties.” Israeli forces used white phosphorus and other weapons supplied by the United States, killing hundreds of civilians and destroying homes, the group said. The use of white phosphorus is restricted under international law.
Iranian scientists have reached "nuclear weapons breakout capability," according to a new report based on findings of the U.N. nuclear watchdog agency.
If you are a firm believer in the war in Afghanistan, Defense Secretary Robert Gates’ grim assessment last month of what lies in store for the U.S. might have made you shudder.