Tough days for Diogenes

Diogenes of Sinope “walked throughout Athens carrying a lantern in daylight, searching for an honest man.” Berkshire Hathaway faces worldwide regulatory probe Berkshire Hathaway, the world’s greatest investment company, led by billionaire Warren Buffett, is facing probes by regulators in…

Greenhouse effect can melt world’s glaciers: UN

Dramatic scenarios from man-made global warming can no longer be excluded, including the complete disappearance of glaciers from entire mountain ranges, leading to processes “without precedent in the history of the earth,” according to the latest update of a five-yearly…

Home prices and rents

The L.A. Times has a front page article today asking if the slowing San Diego real estate market portends a coming slowdown or crash in house prices nationwide, as the bubble happened first in San Diego and has been strongest there. All…

Iran’s new leader rejects nuclear pact

Iran signalled a confrontation with the West yesterday by rejecting a European Union offer to help it to build a nuclear energy programme in return for scrapping operations that could lead to the production of nuclear weapons. Another interpretation would…

60 years ago today

Time Magazine photo essay on HiroshimaNagasaki photos. The photographer The U.S. is the only country to have used nuclear weapons on civilians. U.S. interventions – 1890-1999 (PDF). A partial list of over 130 invasions and military actions against other countries.

US Troops in protection money racket against Iraqis

California Army National Guard troops charged unauthorized, off-the-books “rent” to Iraqi-owned businesses inside Baghdad’s Green Zone in Iraq to raise money for a “soldier’s fund,” military officials and sources within the troops’ battalion said Friday. Army officials say the total…