The Italian government revisited its plans for handling the nation’s gaping public debt problem. On Friday, Prime Minister Silvio Berlusconi (left) said that tax increases and spending cuts would both be in the new austerity plan.  The tax increases included a “special levy” on income above €90,000 per year as well as tax increases on income from financial investments.  More specifically, there would be a surcharge of 5 percent on incomes above €90,000 and a 10-percent surcharge on incomes above €150,000. The tax rate on financial income would increase from the current level of 12.5 percent to 20 percent. The government also pledged to crack down on tax evasion.

If you thought the Central Intelligence Agency hatched a few wacky plots to get rid of Cuban communist dictator Fidel Castro, such as planting explosive sea shells on the sea shore, the boys at Langley had nothing on British Intelligence during World War II, a new book has disclosed.

British Prime Minister David Cameron (left) is reportedly considering the drastic step of “pre-crime” blocking of social media sites if the violent riots in his country continue. He contends that such a move would permit authorities more time to “catch up” with arrests of suspects shown rioting on surveillance cameras. The communication platforms under particular scrutiny are Twitter, Facebook, and Blackberry Instant Messenger.

The Chinese Communist Party has exerted every effort to manage all high-tech activities within its borders. While the government has allowed the market forces more freedom, it has attempted to retain iron control over projects such as manned space travel and high-speed trains. Unfortunately for technology, the decision-making in these sorts of projects in China, critics maintain, is driven by politics, not science. Analysts note that invariably, government-controlled technology projects are inherently weak.

The Central Intelligence Agency was intimately involved with the federal government’s infamous “Operation Fast and Furious” scheme to send American weapons to Mexican drug cartels while simultaneously working with other agencies allowing narcotics to be shipped over the border, according to a series of explosive reports.

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