The United Nations is launching an independent review of its climate agency, the Intergovernmental Panel on Climate Change (IPCC), which has weathered harsh criticism due to numerous problems with its 2007 comprehensive climate report. UN Secretary-General Ban Ki-moon and IPCC Chair Dr. Rajendra Pachauri announced the review at a press conference at UN Headquarters in New York.
Iceland’s recent vote not to repay billions of dollars owed to Britain and the Netherlands underscores the growing risk involved in bailing out sovereign debtors. When Icesave, an Iceland-based Internet bank, collapsed back in 2008 along with most of Iceland’s banking sector, the tiny North Atlantic nation nearly collapsed along with it. Fortunately for the short term, Britain and the Netherlands agreed to bail out Iceland’s depositors in Icesave.
After several attacks on Indian targets by militants in Afghanistan, officials and analysts claim that the governments of Pakistan and India are waging a proxy war there.
Not content with the constant video surveillance of her subjects, Her Majesty’s government has now begun monitoring their rubbish, as well. According to information obtained by the pro-privacy group, Big Brother Watch, various councils (local municipal governments) have surreptitiously planted 2.6 million of the microchips in the garbage bins of unsuspecting Britons.
Icelandic voters went to the polls over the weekend and delivered an overwhelming blow to bankers and governments attempting saddle the people with billions of dollars in debts to foreign states stemming from the failure of a private bank.