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The people versus the police

America’s politicians, it seems, have had their fill of democracy. Across the country, police, acting under orders from local officials, are breaking up protest encampments set up by supporters of the Occupy Wall Street (OWS) movement – sometimes with shocking and utterly gratuitous violence. In the worst incident so far, hundreds of police, dressed in riot gear, surrounded Occupy Oakland’s ...

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‘Kill team’ trial: Are atrocities inevitable in war?

Why do soldiers kill innocent civilians in wartime? The question is an old one, animated again by the “kill team” prosecution of US soldiers from the US Army’s 5th Stryker Brigade and the court martial now under way of the alleged…

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Europe crisis plans at risk after Greek vote call

Europe’s days-old plan to solve its crippling debt crisis has been thrown into turmoil by the Greek Prime Minister’s shock decision to call a referendum on the country’s latest rescue package. Stock markets plunged around the world Tuesday, particularly in Europe, with the Athens exchange losing 5.5 percent, on worries the Greek government could lose the referendum vote. If that ...

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Credit Suisse overhaul steals a march on rivals

LONDON (Reuters) – Call it putting a gloss on some bad news, but Credit Suisse (CS) chief Brady Dougan reckons the bank is ahead of the pack with Tuesday’s announcement of an overhaul of its investment banking operations. Responding to the host of new regulations that are constraining banks’ use of capital, CS is cutting hundreds of jobs, including in ...

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European debt crisis claims first US fin co

European debt crisis claims first US fin co Email this articlePrint this articleTweetNYT News Service | Nov 1, 2011, 04.52AM IST MF Global filed for bankruptcy protection for the United States parent company on Monday, the first American financial casualty of the European debt crisis. In the Chapter 11 filing in Federal Bankruptcy Court in Manhattan, the firm’s parent company ...

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Greek leader’s referendum bombshell

Prime minister George Papandreou shocked his parliament and his country with a plan to allow a public vote on the EU rescue deal Greeks protest against austerity measures in June. The country could now have a chance to vote on the EU rescue, and its associated conditions. Photograph: Lefteris Pitarakis/AP In the ever surprising saga of Europe’s debt crisis, few ...

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Could be a long week for Herman Cain

The Herman Cain camp is getting a serious workout as allegations of impropriety surface.    His campaign spent yesterday morning denouncing a Politico report claiming that two women accused Cain of sexually suggestive behavior when he was the head of the National Restaurant Association in the 1990s.    According to Politico, Cain allegedly used innuendo, asked personal questions about sex, ...

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RBA cuts key rate a quarter point to 4.5% as inflation eases

Tuesday, 1 November 2011, 5:30 pm Article: BusinessDesk Australia’s central bank cuts key rate a quarter point to 4.5% as inflation eases Nov. 1 (BusinessDesk) – The Reserve Bank of Australia cut its benchmark interest rate as expected, saying early fears of resurgent inflation hadn’t borne out and the global economy was cooling. The RBA cut the cash rate 25 ...

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Perry’s Texas Supreme Court picks criticized as too business-friendly

AUSTIN — Over his 10 years in office, Rick Perry has picked more Texas Supreme Court justices than any other governor, and if he wins the White House, his choices could be a clue about what kind of justices he would nominate in Washington. While Perry has been praised even by his critics for bringing diversity to the state’s highest ...

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James Forrester, Gay-Union Foe, Dies at 74

RALEIGH, N.C. (AP) — State Senator James Forrester, a physician and social conservative, died on Monday in Gastonia, N.C., just weeks after leading a successful fight to put a constitutional ban on same-sex marriage on the North Carolina ballot next spring. He was 74. Follow for breaking news and headlines. His death was confirmed by his daughter Mary Paige Forrester. ...

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