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TOP WORLD NEWS
JUNE 2006
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MAY 2006
26-May-06
Baghdad and
Kirkuk, Iraq
A car bomb kills at least 9
people and injures 30 in Baghdad
[1]; a roadside bomb
kills an Iraqi police officer and injures 4
in Kirkuk [1,2].
Giro, Ghazni,
Afghanistan
Fighting leaves at least 10 Talibans and 1
policeman dead in Afghanistan [1].
25-May-06
Mogadishu, Somalia
Fighting between Islamic Courts and Anti-Terrorism
Alliance militias kills at least 12 people
[1,2]; more than 140
have been killed in May-06 [1,3],
and more than 250 since Feb-06 [3].
The Islamists are reportedly allied with al-Qaeda, the
Alliance with the U.S. [3].
Sochi, Russia
Russia-European Union summit
[1-3]. Key issues include energy security and visa
requirements [2,3].
Houston, TX
A federal jury finds former Enron
Corp. founder and chairman Kenneth L. Lay and former chief
executive Jeffrey K. Skilling guilty of conspiracy and fraud
in connection Enron's collapse in 2001 [1].
New York, NY
MasterCard Inc.
raises $2.4 billion in an initial public offering on the
NYSE [1-3].
24-May-06
Tarin Kowt,
Uruzgan, Afghanistan
Firefight kills at least 29 people, including 24
insurgents, 4 Afghan soldiers, and
1 Afghan police officer; a British C-130
Hercules plane catches fire while landing [1].
According to Army Brig. Gen. Carter F. Ham, NATO and
Afghan national forces are expanding their reach, the
Taliban are desperate and frustrated [3].
Baghdad and
Latifiya, Iraq
Drive-by shootings and other violence kill 16 people,
including a student and a university professor; insurgent
bomb an oil pipeline in Latifya [1].
Houston, TX
A federal judge approves a $6.6
billion settlement to be paid by banks to former
Enron Corp. shareholders
[1-2]: Canadian
Imperial Bank of commerce, $2.4 billion
[3]; JPMorgan Chase
& Co., $2.2 billion
[4]; Citigroup Inc., $2 billion
[5].
Istanbul,
Turkey
A massive
fire breaks out at Istanbul's
Ataturk International Airport
[1-3].
Sabotage is ruled out; but the Kurdistan Freedom Falcons
Organisation claims responsibility [4].
23-May-06
Baghdad, Iraq
A bomb targeting a Shia mosque in Baghdad kills at least
11 people; 2 car bombs kill 10 more [1].
Mosul, Baquba,
Baghdad, and Kirkuk, Iraq
Gunmen kill 7 Iraqis and injure 8; 7 more are killed in
other violence [1].
Internet
Osama bin
Laden, in an audio tape message: Neither Zacarias Moussaoui
nor the people held in Guantanamo Bay had any connection to
Sept. 11 [1-2].
22-May-06
Washington,
DC
U.S. Department
of Veterans Affairs (VA): Personal
data on up to 26.5 million
veterans and some spouses
was stolen [1].
Beijing,
China
German Chancellor Angela Merkel visits with
China's Prime Minister Wen Jinbao
[1]. China and Germany
reach consensus on the 4 billion euro maglev line linking
Shanghai and Hangzhou [3,4].
Trade between Germany and China reached $63.2 billion
in 2005 [1].
India
India's
Bombay Stock Exchange crashes
[1-5]: The
Sensex falls 1,111.70 points, recovers 654 points, and
closes at 10,481.77, with a loss of 456.84 points [1].
The Sensex lost 2,130.61 points, from its peak at 12,612.38
on 10-May-06 [6]. Brokers and investors loose
billions of dollars; Indian police issue a
suicide alert [2].
Some blame the
heavy selling on pressure to meet margins; some suspect
market manipulation -- an "international bear cartel out to
destabilise" India's financial system --; others blame a
circular issued by the Central Board of Direct Taxes
[4,5].
21-May-06
Azizi and
Hajiyan, Afghanistan
U.S.-led coalition
planes bomb a village in Afghanistan,
including a school, and kill up to
80 people
[1-4]. The air strike kills
20 Talibans, and injures
15, including women and children [1].
More than 280 people have been killed in Afghanistan
since 17-May-06 [2].
Baghdad, Iraq
Bomb attacks, including a suicide
bomber attack targeting the
police, kill at least 17 Iraqis and injure dozens [1].
Sher-e-Kashmir
Park, Srinagar, Kashmir
2 suspected Islamic militants fire at a rally, in honor
of former Indian prime minister Rajiv Gandhi [1-3];
at least 8 people are killed, including the militants, and
25 are injured [1-2].
Montenegro
Montenegro votes for
independence from Serbia
in a referendum [1-2]. According to one Montenegrin,
"This win will only benefit the ruling government who, I
think, will try and create a private state that only serves
the interest of themselves and their tycoon friends"
[3].
20-May-06
Hubei, China
China completes the world's largest dam, the Three
Gorges Dam [1]. The dam's power
output is 49 billion kilowatt-hours; it cost $25 billion to
build [2].
Baghdad, Iraq
Iraq's parliament approves
Prime Minister Nuri al-Maliki's
government; however, the defense
and interior ministry positions remain
vacant
[1-3].
U.S. officials are optimistic [5,6]; President George
W. Bush: "The formation of a unity government in Iraq is a
new day for the millions of Iraqis who want to live in
peace. . . I fully understand that a free Iraq will be an
important ally in the war on terror, will serve as a
devastating defeat for the terrorists and al Qaeda, and will
serve as an example for others in the region who desire to
be free" [6].
But
Iraqis are skeptical; according to an editorial, the new
government includes “several of the inept, corrupt and
thoroughly discredited leaders . . ." [5,6].
Baghdad, Qaim, and Musayib, Iraq
Bombs kill
24 people and injure 58 [1].
15 bodies are found in Musayib [3].
Afghanistan
Violence in Afghanistan kills 34
people, including 2 French soldiers and 1 American soldier
[1].
Gaza City,
Gaza Strip
Israel assassinates Mohammed al-Dahdouh,
a top commander of Islamic Jihad
[1,2]; and kill a
grandmother and a mother and her
child [1]. Infighting continues
between Hamas and Fatah [2,3].
19-May-06
Hubei, China
Li Yong'an, general manager of the
Yangtze River Three Gorges Project Development Corporation,
disputes "Western estimates" of the cost of the Three Gorges
Dam --
the world's largest dam. Li
Yong'an claims the project cost no more than $22.5 billion;
Western news agencies put the cost at between $40 billion
and $50 billion. [1]
18-May-06
China; Vietnam; Philippines; Taiwan;
Japan
Typhoon Chanchu kills
nearly 90 people
[1], including at least 23 people in China [2].
Nearly 200 Vietnamese fishermen are missing [1].
U.S.; China
China is accused of stealing US military and scientific
intelligence: Ko-Suen Moo, a
Taiwanese, has
reportedly pleaded guilty to spying for China
[1]. China claims the
spying allegation is "totally
fictitious" [2]. A CTV report
estimates the number of Chinese agents and informants
operating in Canada at about 1,000 [4].
17-May-06
New York, NY;
London, UK; Paris, France; Frankfurt am Main, Germany;
Tokyo, Japan; and Hong Kong, China
All global stock prices tumble [5-14].
Consumer prices, especially energy prices and shelter
costs, increased in Apr-06 [1-3];
the Federal Open Market
Committee (FOMC) raised its target for the federal funds
rate to 5% on 10-May-06 [4].
DJIA
down 214.28
to 11,205.61
[5].
NYSE Composite down 188.19
to 8,199.38 [6].
NASDAQ Composite down 33.33
to 2,195.80 [7].
FTSE 100
down
170.70 to 5,675.50 [8].
CAC 40
down
161.38 to 4,920.31
[9].
DAX down 199.20 to 5,652.72
[10].
NIKKEI 225 down
220.49 to 16,087.18 (18-May-06) [11].
Hang Seng down 349.03 to 16,266.52 [12].
Helmand and
Kandahar, Afghanistan
Taliban
insurgents attack provincial government offices and police
stations
[3] in Helmand and Kandahar;
More than 100 people are killed,
including at least 15
Afghan policemen [1,2],
a Canadian woman soldier, and a US contractor
[4,5].
Ankara,
Turkey
A lawyer shoots 5
judges in the Council of State in Ankara
and kills Judge Mustafa
Yucel Ozbilgin; one of the judges ruled
against teachers wearing Muslim head scarves [1,4].
Nazran,
Ingushetia, Russia
Suicide
bombing kills at least 7 people,
including Dzhabrail Kostoyev, the deputy
interior minister
of
Ingushetia [1-2].
16-May-06
Baghdad, Iraq
Violence kills at least 27 Iraqis;
roadside bombs kill 3 U.S. soldiers over 2 days [1].
15-May-06
Washington,
DC
President George W. Bush
plans to send an additional 6,000
National Guard troops to the U.S.-Mexico border
by yearend 2008, and says he favors a path to
citizenship for some illegal immigrants
with roots in the U.S. [1-3].
Mexican President Vicente Fox opposes a "militarized"
border [4]. The U.S.-Mexico border is 3,200
kilometers long [4].
Washington, DC; Tripoli, Libya
The United
States is restoring full diplomatic relations with Libya
[1]. Secretary Condoleezza Rice: "We are taking these
actions in recognition of Libya's continued commitment to
its renunciation of terrorism and the excellent cooperation
Libya has provided to the United States and other members of
the international community in response to common global
threats faced by the civilized world since September 11,
2001" [1]. American oil companies and aircraft
manufacturers stand to benefit from renewed relations
[2].
14-May-06
Baghdad,
Mosul, Kirkuk, Basra, and Karbala, Iraq
A double suicide attack, roadside bombs, and other
violence targeting the police and the convoy of Iraq's
Foreign Minister kill 34 people; the death toll includes 2
British and 2 U.S. troops. [1]
13-May-06
Bali,
Indonesia
President
Mahmoud Ahmadinejad's nuclear technology
program gets the support of Indonesia, Pakistan,
Nigeria, Turkey, Malaysia, Egypt, and Bangladesh
at the D-8 summit [6].
Iraq
Iraq violence
kills 9 people; roadside bomb kills one U.S. soldier
[1]. 93 journalists have been killed
since the start of the war in Iraq; 5 in the first 10 days
of May-06 [2].
13-May-06 -
14-May-06
Sao Paolo,
Osasco, Guarulhos, Carapicuiba, Cubatao, and Guaruja, Brazil
Riots in jails and attacks against the police, the fire
department, public transportation, and banks in Brazil kill
more than 80 people, including 39 security personnel
[1];
over 174 people are taken hostage
[2]. The First Command of
the Capital (PCC) gang
is behind the attacks [1-3].
12-May-06
Inagbe,
Nigeria
Oil pipeline explosion in Nigeria kills about 200
people
[1-5]. The explosion resulted from
"bunkering" or oil theft by mostly poor
people [2].
New York, NY;
London, UK; Paris, France; Frankfurt am Main, Germany;
Tokyo, Japan; Hong Kong and Shanghai, China
Except for
the Shanghai Composite, all global stock prices plummet
[1-2,12].
DJIA down 119.74 to
11,380.99
[3].
NYSE Composite down 115.48
to 8,411.26 [4].
NASDAQ Composite down 28.92
to 2,243.78 [5].
FTSE 100
down
129.90 to 5,912.10 [6].
CAC 40
down
112.49 to 5,150.45 [7].
DAX down 138.44 to 5,916.28
[8].
NIKKEI 225 down 260.36 to
16,601.78 [9].
Hang Seng down 238.93 to 16,901.85 [10].
Shanghai Composite up 65.45 to 1,602.83 [11]
11-May-06
Washington, DC
The House
of Representatives approves $512.9
billion for Defense in FY2007 [1-3].
Washington, DC
The Senate passes
the Tax Relief Act of 2005 (H.R.
4297) [1]. The $69 billion tax
relief benefits mostly the rich [2].
New York, NY;
London, UK; Paris, France; Frankfurt am Main, Germany;
Tokyo, Japan; Hong Kong and Shanghai, China
Except for the Hang Seng, all
global stock prices plummet [1-2,12].
DJIA down 141.92 to 11,500.73
[3].
NYSE Composite down 104.85 to 8,526.74 [4].
NASDAQ Composite down 48.04 to 2,272.7 [5].
FTSE 100 down 41.40 to 6,042.00 [6].
CAC 40 down 15.33 to 5,262.94 [7].
DAX down 63.66 to 6,054.72
[8].
NIKKEI 225 down 89.79 to 16,862.14 [9].
Hang Seng up 60.19 to 17,140.78 [10].
Shanghai Composite down 8.31 to 1,537.38 [11]
Jakarta,
Indonesia
Iranian
President Mahmoud Ahmadinejad tells students in Jakarta:
"Israel a regime based on evil that cannot continue
and one day will vanish" [1].
Sri Lanka
A naval battle kills
at least 50 Tamil Tiger rebels after
rebels
sink a navy patrol boat; 17 Sri Lankan
sailors are missing [1].
10-May-06
Jakarta,
Indonesia; Iran
Iranian
President Mahmoud Ahmadinejad accuses the West of hypocrisy
and "big powers" of monopolizing science and technology at
the expense of developing nations [1-3].
Washington,
DC
The Federal Open Market
Committee (FOMC) raises its target for the federal funds
rate by 25 basis points
to 5%; the Board of Governors also increases
the discount rate 25 basis points to 6%
[1]. FOMC: "The
Committee judges that some further policy firming may yet be
needed to address inflation risks but emphasizes that the
extent and timing of any such firming will depend
importantly on the evolution of the economic outlook as
implied by incoming information"
[1].
Mogadishu,
Somalia
At least 94
people are killed in 4 days of fighting between Islamic
Court Union fighters and U.S.-backed Alliance for the
Restoration of Peace and Counterterrorism militia [1].
Washington,
DC
The U.S. Department of Treasury avoids labeling China a
"currency manipulator" [1]. The Treasury's "backdown"
on China's currency angers U.S. legislators [4-6].
Treasury Secretary John W. Snow: "China is engaged in an
historic transformation to a market system. To achieve the
requisite economic rebalancing, China must make its currency
regime more flexible, strengthen consumption and modernize
its financial system – the three pillars of our policy
engagement. . . It is important for China to understand that
its exchange rate regime is not simply a bilateral US-China
issue, but a multilateral issue. Chinese exchange rate
practices affect the entire world. . . The IMF must take
this mandate for leadership by encouraging real reform in
the Chinese currency regime" [1].
Washington,
U.S
Article in USA Today reveals that the
National Security Agency (NSA) has
been building a massive database of phone call records using
data provided by AT&T, Verizon,
and BellSouth
(Qwest has refused to participate in the NSA call-tracking
program) [1]. The
phone companies claim they act in strict accordance with the
law [1]. The NSA refused to
grant security clearance to lawyers of the Justice
Department's Office of Professional Responsibility (OPR);
the Justice Department's inquiry into domestic spying is
killed [4].
9-May-06
New York, NY
Gold surges to $708.3 per ounce and platinum to $1,235.50
per ounce, betraying geopolitical instability [1-2].
Tal Afar, Iraq
Suicide car bomb kills at least 17 people and injures at
least 35 in Tal Afar [1-2]. Other violence killed
another 24 people; 17 bodies are also found [1].
8-May-06
Washington, DC
President George W.
Bush nominates General Michael Hayden,
former head of the National Security Agency (NSA),
as Director of the Central Intelligence Agency (CIA)
[1]. Anthony D. Romero, ACLU Executive Director:
"Hayden's approval of warrantless surveillance on Americans
raises serious questions about whether the CIA would be
further unleashed on the American public. It was under
General Hayden's watch that the NSA started to wiretap
Americans, without court or Congress' approval, even though
the FISA Court acts quickly to review requests for
intelligence investigations" [6].
Iraq
Violence, including an attack on a court in Baghdad, kills
more than 30 people. including a U.S. soldier [1].
Tehran, Iran;
Washington, DC
Letter
from Iranian President Mahmoud Ahmadinejad to US President
George W. Bush: "Can one be a follower of Jesus Christ (PBUH),
the great Messenger of God, feel obliged to respect human
rights, present liberalism as a civilization model, announce
one’s opposition to the proliferation of nuclear weapons and
WMDs, make 'War on Terror' his slogan, and finally, work
towards the establishment of a unified international
community – a community which Christ and the virtuous of the
Earth will one day govern, but at the same time, have
countries attacked. . .
"Or because of the possibility of the existence of WMDs in
one country, it is occupied, around one hundred thousand
people killed, its water sources, agriculture and industry
destroyed, close to 180,000 foreign troops put on the
ground, sanctity of private homes of citizens broken, and
the country pushed back perhaps fifty years. At what price?" [1]
7-May-06
Al Adhamiya.
Karbala, and Baghdad, Iraq
A
series of car bombings kill 30 people and injure over 70
in Al Adhamiya. Karbala, and Baghdad
[1]; 42 dead bodies are also
found in Baghdad [1-2].
Charlotte,
NC; Oakland, CA
Wachovia Corporation to acquire the Golden West
Financial Corporation for about $26 billion in cash and
stock [1]. The combined company
will have assets of $669 billion and a market capitalization
of $117 billion [1].
6-May-06
Kunar,
Afghanistan
A US CH-47 Chinook helicopter crashes in
Afghanistan; all 10 soldiers on board are killed
[1-2]. The Taliban claim they shot the helicopter down
[1].
Basra, Iraq
A British
military helicopter crashes in Basra as a result of a
missile attack [1-2]. 4 British soldiers are killed
[3]. 2 British military tanks are also set on fire
[4].
Hyderabad, India
Thousands of people in Hyderabad protest against the Asian
Development Bank for increasing poverty in India
[1].
See 5-May-06.
5-May-06
Washington,
DC
Director
Porter Goss offers to step aside as the Director of the
Central Intelligence Agency (CIA) [1-2]; President
George W. Bush accepts Goss' resignation [2]. A
report in The Washington Post suggests Goss was "forced out"
[3].
Hyderabad, India
39th Annual Meeting of the Board of
Governors of the Asian Development Bank (ADB)
[1]. Haruhiko Kuroda, President of the Asian Development
Bank: "If economic growth remains strong and its benefits
are more widely shared, we can now envision our region
approaching eradication of extreme poverty in the
not-too-distant future. . . nearly 1.9 billion people in the
region are poor, living on less than $2 a day. As the region
grows more prosperous, the widening gap between rich and
poor becomes less tolerable to all of us. We all agree that
more must be done to include the poor in the region’s plans
for growth" [2].
Abuja,
Nigeria; Sudan
Minni
Arcua Minnawi, leader of the Sudan Liberation Army (SLA),
agrees to sign a peace agreement with the Sudanese
government [1]. Many refugees are skeptical [2].
4-May-06
Vatican City
The
Vatican excommunicates two bishops, Bishop Joseph Liu
Xinhong of Anhui and Bishop Joseph Ma Yinglin of Kunming;
the bishops were installed by the government-controlled
Chinese Catholic Patriotic Association, without the
Vatican's approval [1-3].
Baghdad and
Ramadi, Iraq
A bomb outside a courthouse in Baghdad kills
at 10 Iraqis and injures 52 [1]. A
roadside bomb kills 2 U.S. soldiers [1,2]. U.S. air
strike kills at least 13 civilians in Ramadi [2,3].
Doha, Qatar
An article by
Ahmed Janabi in Aljazeera.net explores the
possible motives behind the war on
Iraq in 2003: (1) Oil theft; (2) huge profits for oil
companies (production-sharing agreements); (3) oil supply
for Israel's benefit (Israel-United States Memorandum of
Understanding of 1-Sep-1975; war
planned by pro-Israel neocons); (4) Control of oil flow to
India and China. [1]
3-May-06
Black Sea
An Armavia Airbus A320 crashes into
the Black Sea killing 113 people [1-2].
Baghdad and Falluja, Iraq
Sectarian killings: 37 bodies are found in Baghdad [1]. A suicide
bomber targets a police recruitment center in Falluja and kills at least 17
people [1,2]. Coalition forces kill 10 insurgents [3].
Jakarta, Indonesia
Some 40,000
workers protest in Jakarta against newly proposed labor laws favoring
investors [1].
Alexandria, VA
A
federal court jury decides to imprison Zacarias Moussaoui
for life without possibility of release for his role in the
11-Sep-01 attack [1-7]. Moussaoui: "America, you
lost! . . . I won" [2-3].
Tonga
A
magnitude 7.9 earthquake hits Tonga [1]: No reports
of injury or major damage [2-3].
2-May-06
Ramadi, Iraq
A suicide bomber targets governor of al-Anbar province in
Ramadi and kills 10 people [1]. The attack follows a
week of fighting in which U.S. and Iraqi forces killed 100
insurgents [2].
Black Sea
An Armavia Airbus A320 crashes into
the Black Sea killing 113 people [1-2].
1-May-06
Los Angeles, CA;
Chicago, IL; New York, NY; New Orleans, LA
"Day Without
Immigrants": Between 500,000 and 600,000 people in Los
Angeles and about 400,000 people in Chicago stage a boycott
day and demand legal status for undocumented immigrants
[1-3].
Europe;
Indonesia
May
Day rallies: More than a million people demonstrate across
Europe [1]. About 30,000 Indonesian workers
protest in Jakarta against newly
proposed labor laws favoring investors [3].
Washington, DC
The Trustees of the
Social Security and Medicare trust funds estimate that the
Social Security trust fund and the Medicare Hospital
Insurance trust fund will be exhausted in 2040 and 2018,
respectively [1]. Key Projection of the Trustees: In
2005, the estimated number of workers per beneficiary was
about 3.3 workers per OASDI beneficiary; by 2030, the
projected ratio of workers to beneficiaries will be 2.2
[4]. Major conclusion of the Trustees: "Over
the 75-year period, the Trust Funds require additional
revenue equivalent to $4.6 trillion in today’s dollars to
pay all scheduled benefits"
[2,4].
Bolivia
President Evo Morales announces the nationalization of
Bolivia's energy industry [1].
APRIL 2006
30-Apr-06
Washington, DC
Thousands of protesters call for the US to
help stop "genocide" in Darfur
[1-2].
Welikada, Sri
Lanka
The Liberation
Tigers of Tamil Ealam (LTTE) attack a rival group; at least
28 rebels are killed and 50 are injured [1].
Doda and Udhampur, Kashmir
Suspected separatists kill at least 26 Hindu villagers in
Kashmir [1-2]. Insurgency in Kashmir killed at least
44,000 people since 1989 [2].
Sudan
The Justice and Equality Movement (JEM)
and the Sudan Liberation Army (SLA) refuse to sign a draft
Darfur peace agreement [1].
29-Apr-06
Boston, MA
Dr. John Kenneth Galbraith, 97, dies in Cambridge, MA
[1-4].
Dr. Galbraith was
born in Ontario, Canada; he was Paul M. Warburg
Professor of Economics Emeritus at Harvard University; he served as
U.S. Ambassador to India from
1961 to 1963 [1].
Yanan, Shaanxi, China
An explosion at the Wayaobao
Township Coal Mine kills 30 miners;
2 are missing [1].
Dantewada, Chattisgarh, India
Suspected Maoist rebels (Naxalites) kill
13 of 52 abducted villagers in Chattisgarh in 2 days
[1].
Pakistan
Pakistan successfully
test-fires the surface-to-surface Hatf VI (Shaheen II)
missile; the missile is capable of delivering a nuclear
weapon within a potential range of 2,500 km [1].
28-Apr-06
Internet
Ayman al-Zawahri calls for
toppling Pakistani President
Pervez Musharraf,
whom he calls a "bribe-taking
treacherous criminal," and says
"Al Qaeda in Iraq alone has carried out 800 martyrdom
operations . . . And this is what has broken the back of
America in Iraq," [1-3].
Washington,
DC
The
U.S. Department of State releases
Country Reports on Terrorism 2005:
Approximately 11,000 terrorist attacks occurred in 2005;
over 14,600 people were killed; 24,705 were injured
[1]. Key conclusion of the Report:
"Overall, we are still in the first phase of a potentially
long war" [1]. The term "terrorism" means
premeditated, politically motivated violence perpetrated
against non-combatant targets by subnational groups or
clandestine agents" (Section 2656f(d) of Title 22 of the
United States Code) [2].
Kenya; China
Presidents Hu Jintao of China
and Mwai Kibaki of Kenya sign an oil exploration agreement
[1-2].
Seoul, Korea
Hyundai Automotive Group
chairman Chung Mong-Koo is arrested on charges of
embezzlement and breach of trust [1-3]. The chairman
denies the charges [2].
27-Apr-06
Irving, TX
Exxon Mobil Corporation
reports a record profit of $8.4 billion in 2006Q1, up $540
million (6.87%) from 2005Q1 [1]. Total revenues in
2006Q1 are $88.980 billion, up from $82.051 billion in
2005Q1 [1].
Beijing, China
The
People's Bank of China raises the benchmark interest rate of
RMB loans with a maturity of one year 27 basis points to
5.85%
[1-4]. The last increase occurred
in Oct-04 [2]. China has the
world's largest currency reserves: $875.1 billion [3].
Bad loans at Chinese banks: 1.31 trillion yuan [3].
Washington, DC
The Federal Reserve
signals a pause in its rate increases [1-2].
Chairman Ben S. Bernanke: " . . . even if in the
Committee's judgment the risks to its objectives are not
entirely balanced, at some point in the future the Committee
may decide to take no action at one or more meetings in the
interest of allowing more time to receive information
relevant to the outlook" [1]. Chairman Bernanke also
warns: " . . . the cumulative effect of years of current
account deficits have caused the United States to switch
from being an international creditor to an international
debtor, with a net foreign debt position of more than $3
trillion, roughly 25 percent of a year's GDP. This trend
cannot continue forever, as it would imply an ever-growing
interest burden owed to foreign creditors" [1].
New York, NY
Construction of the Freedom
Tower at ground zero in New York is officially started
[1] -- 1 day after an agreement is
reached between Larry Silverstein and The Port Authority of
New York and New Jersey [2], and 1,689 days after the
attack on the World Trade Center (WTC) on 11-Sep-01.
However, not every New Yorker is celebrating [2].
Bill Weinberg: "The WTC helped transform New York from a
working-class city of neighborhoods and industry to a
sterile administrative clearinghouse for global finance and
a culturally-cleansed playground for the rich" [4].
Baghdad and Nasiriyah, Iraq
Gunmen in Baghdad kill a
sister of Iraq's Sunni Vice President Tareq al-Hashemi
[1-3]. A roadside bomb in Nasiriyah kills 4 soldiers, 3
from Italy, 1 from Romania [2].
26-Apr-06
China; Nigeria
President Hu Jintao and President Olusegun Obasanjo sign
a memorandum on petroleum cooperation
[1-4]. China to
invest $4 billion in Nigeria's oil infrastructure
[1-2,4].
President Olusegun Obasanjo
welcomes China as an alternative to the West as the trade
relationship with the West "is essentially colonial"
[1]. The U.S. is concerned about "China's growing clout"
[4].
25-Apr-06
Colombo, Sri Lanka
A Tamil Tiger female
suicide bomber targets Sri Lanka's army commander Sarath
Fonseka [1-3]; 9 people are killed and 27 are
injured, including the commander [1]. Death toll from
violence in Sri Lanka: At least 83 people, including 43
troops or police, in Apr-06 [3]; more than 64,000
from the mid-1980s to Feb-02 [1].
Sri Lanka's air force launch an air strike against the LTTE
[4].
Internet
Abu Musab al-Zarqawi,
in an Internet video: "By God,
America will be defeated in Iraq" [1-2].
Israel;
Svobodni, Russia
Israel launches from Russia
the Eros B satellite to spy on Iran [1-3].
London, UK
Researchers accuse the
World Bank of "promulgating false epidemiological
statistics" and "using untransparent and contradictory
accounting" in its Roll Back Malaria campaign [1].
24-Apr-06
Dahab, Sinai Peninsula, Egypt
3 explosions in Dahab
in the Sinai peninsula kill 22 people and injure 150
[1].
Baghdad, Iraq
A series of 7 car bomb
attacks kills 15 people and injures 100 in Baghdad [1];
17 bodies are found [3].
Kathmandu,
Nepal
King Gyanendra
bows to his people's demand: He
reinstates parliament [1-3].
The people celebrate victory; Maoist rebels reject the
king's concession [2.3].
New York, NY
Grand Rabbi Moses Teitelbaum of the ultra-orthodox Satmar
sect of Hasidic Jews is dead [1-4]; 2 of his sons, Rabbi Zalmen and Rabi Aaron, are fighting over control of "a $500
million religious empire" [1]. The Satmars oppose Zionism
and the State of Israel [4-5].
23-Apr-06
Doha, Qatar
Osama bin Laden accuses the
West of waging a "crusader war" against Islam -- a "Zionist
crusader war against Muslims." He calls on mujahidin "to
prepare for long war against the crusader plunderers in
Western Sudan." The bin Laden audio tape was aired on
Aljazeera. [1]
Washington, DC
2006 Spring Meetings --
International Monetary Fund and World Bank Group [1]:
The IMF is not responding quickly enough to economic crises;
emerging economies and poor countries are inadequately
represented [2,5]. The IMF’s policy-setting committee
plans to increase the voting stakes of 5 countries: China,
Mexico, Singapore, South Korea, Turkey [5].
According to John Williamson of the Institute for
International Economics, the reduction in the imbalances at
the IMF and the IMF's new multilateral approach risk
"diminishing the role of the G-7" [6].
Iraq
Insurgent attacks in Iraq
kill at least 11 Iraqis and 3 U.S. soldiers [1].
Hungary
Hungary's
Socialist Prime Minister Ferenc Gyurcsany wins a second term
[1-4].
Gyurcsany is a millionaire businessman [1,3]. Key
issues in Hungary include: high budget deficit; joining the
eurozone [3].
22-Apr-06
Shah Wali Kot, Kandahar,
Afghanistan
Roadside bomb explosion kills
4 Canadian soldiers in Afghanistan [1-3]. Canada has
2,300 troops in Afghanistan [1]. The Canadian death
toll in Afghanistan since 2002 is 15 soldiers and 1 senior
diplomat [1,3].
Iraq
5 Multinational Division
Baghdad (MNDB) soldiers died in Iraq [1].
21-Apr-06
Kathmandu, Nepal
Hundreds of thousands
of protesters in Kathmandu demand
that King Gyanendra restore democracy [1-2]. The king
renounces absolute power [2-3]. At
least 14 protesters are
killed in 2 weeks [2].
Dearborn, MI
The Ford Motor Company
reports a net loss of $1.2 billion for 2006Q1 [1].
Rio Grande City, TX
Merck loses the third
of 5 Vioxx lawsuits involving juries [1]. Merck is
the subject of 11,500 product-liability lawsuits over Vioxx
[1-2]. Merck shares fall 1.6% [3]. Merck to appeal
the verdict [4].
New Haven, CT
China's
President Hu Jintao concludes his visit to the United States
with a speech at Yale University
[1]. More than 1,000 people
protest against China's human rights records. [1]
Yale has 300 Chinese students [2]. Yale is the first
university to be granted access to China's securities market
[2].
20-Apr-06
Washington,
DC
President George W. Bush and
Chinese President Hu Jintao hold talks
[1-5]. Key U.S.-China issues
include: Competition for energy resources; China's currency;
U.S. trade deficit; theft of
intellectual property; and human
rights [5]. The U.S. trade
deficit with China in 2005 was $202 billion [4-5].
President Bush: "China has become
successful because the Chinese people are experienc[e]
the freedom to buy, and to sell, and to produce -- and China
can grow even more successful by allowing the Chinese people
the freedom to assemble, to speak freely, and to worship"
[1].
Kathmandu, Nepal
Tens of thousands of Nepalis
protest against King Gyanendra. Nepalese security forces
kill 3 people; 37 are injured. [1]
Washington,
DC
The 2007 budget
for the U.S. Office of the
Director of National Intelligence (ODNI)
and its 16 agencies is estimated at
about 1 billion U.S. dollars
[1].
Il'pyrskiy, Kamchatka, Russia
A
series of earthquakes in
Kamchatka, including a
7.8-magnitude quake, injure 31 people
[1].
19-Apr-06
Seattle, WA
Chinese President Hu
Jintao meets with Microsoft founder Bill Gates [1-2].
Bill Gates, in his welcoming remarks at luncheon honoring
Hu Jintao: "As you have stated Mr. President, science and
technology are the most important drivers of productivity,
economic and social development. You have said that
developments in technology are giving rise to a new round of
industrial revolution. We agree with you." [1]
18-Apr-06
Washington, DC
The Federal Reserve
Board and the Federal Open Market Committee (FOMC) release
the minutes of the Committee meeting held on 27-28-Mar-06
[1-2]. FOMC domestic policy directive: "The Federal Open
Market Committee seeks monetary and financial conditions
that will foster price stability and promote sustainable
growth in output. To further its long-run objectives, the
Committee in the immediate future seeks conditions in
reserve markets consistent with increasing the federal funds
rate to an average of around 4¾ percent" [2].
New York, NY;
Tokyo, Japan
U.S.
stock market indices soar [1,5].
DJIA up 194.99 to 11,268.77
[1].
NYSE Composite up 147.29 to
8,389.44 [2].
NASDAQ Composite up 44.98 to 2,356.14
[3].
NIKKEI 225 up
232.50 to 17,232.86
[4].
New York, NY; London,
UK
Oil prices soar to record highs
[1-4]. Iran's nuclear program
and crude oil supply disruptions
in Nigeria are blamed. [1]
17-Apr-06
Tel Aviv, Israel
A Palestinian suicide
bomber kills at least 9 people, including himself, and
injures 50 in Tel Aviv [1]; Palestinians had vowed to
avenge 18 Palestinians killed by the Israeli military in the
Gaza Strip [2].
Doha, Qatar
Qatar to give $50
million to the Palestinian government after the EU and the
US withdrew their financial assistance [1-3]. Israel
is withholding about $50 million in monthly Palestinian tax
revenues [1].
New York, NY; London, UK
U.S.-Iran tension is
up; oil prices soar beyond $70 per barrel [1-3].
Veracruz, Mexico
Bus crash kills at
least 67 people in Mexico [1].
Romania; Serbia; Bulgaria;
Hungary
Tens of thousands of
people flee record flooding caused by the Danube in Romania,
Serbia, Bulgaria and Hungary [1-3].
Sri Lanka
Suspected Tamil Tiger
rebels attack kills at least 5 soldiers and injures 7
[1]. At least 65 people have been killed in the past 10
days [3].
16-Apr-06
Beijing , China
China's gross domestic
product (GDP) expanded by 10.2% in 2006Q1 and 9.9% in 2005
[1].
Tehran, Iran
Iran pledges $50
million in aid to the Palestinian Authority after the US and
the European Union decided to suspend their aid [1].
The Palestinian Authority is plagued with $1.7 billion in
debts [1]. Hamas refuses to recognize Israel [3].
Mahmudiya, Baquba, and Baghdad,
Iraq
2 car bombs and other
attacks kill at least 24 people in Iraq [1]. 7 former
U.S. generals have urged Defense Secretary Donald Rumsfeld
to resign [2].
15-Apr-06
Iraq
Insurgent attacks kill
at least 8 Iraqis [1].
14-Apr-06
Srinagar and Dalgate, Indian
Kashmir
Grenade attacks kill 5
people and injure at least 18 in Srinagar [1].
Baquba, Iraq
Bombs near 2 Sunni
mosques in Baquba kill 4 people and injure 5 [1].
13-Apr-06
N'Djamena, Chad
Rebel assault on N'Djamena kills 350 people [1].
France supports President Idriss Deby with 1,350 troops;
Deby's government is accused of corruption [3].
Basra, Iraq
7 employees of a construction company are killed in Basra
[1]. Policemen are ambushed near Baghdad; 2 policemen are
killed [1]. Sectarian violence has forced 65,000
Iraqis to flee [2].
12-Apr-06
Baquba, Tal Afar, and Baghdad,
Iraq
2 car
bombs kill at least 48 people in Baquba; a car bomb in Tal
Afar kills 3 people; a roadside bomb
in Baghdad
kills 4 people, including 1 policeman
[1].
Trincomalee, Sri Lanka
Bomb blast kills at
least 14 people and injures more than 40 in Sri Lanka; 2
policemen are also killed [1]. Tamil Tiger rebels are
blamed [1-2].
11-Apr-06
Karachi, Pakistan
Bomb explosion kills
at least 55 people and injures
about 100 at a
religious gathering organized by Jamat Ahl-e-Sunnat
in Karachi [1,2].
Tehran, Iran
President
Mahmoud Ahmadinejad says Iran has joined the world's nuclear
countries [1]. Iran
has successfully produced enriched uranium at the
3.5% level using a 164-unit centrifuge chain [4,6].
A 90% enrichment level is needed for nuclear bombs
[6].
Italy
Centre-left
leader Romano Prodi declares
victory in Italy's parliamentary elections
[1]. However, the victory over Prime
Minister Silvio Berlusconi's centre-right bloc is very
narrow [2] (49.8% of the vote v. 49.7%) [3-4].
New York, NY;
London, UK
Nasdaq Stock
Market Inc. buys 14.99% of London Stock Exchange
plc for 447.7
million pounds ($781.7 million)
[1,2].
10-Apr-06
Paris, France
French President Jacques
Chirac scraps
the First
Employment Contract
(CPE): students and labor
unions win; Prime Minister Dominique de Villepin loses
[1-4].
See
18-Mat-06, 28-Mar-06, 4-Apr-06.
Atlanta, GA;
Charlotte, NC; Houston, El Paso and Austin, TX
Massive rallies
around the U.S. in favor of immigration
reform [1]
Paris, France
The Arab Committee for Human
Rights (ACHR), an
International NGO in special Consultative Status with the
Economic and Social Council of the United Nations, has
called for protecting Iraqi academics. About one thousand
Iraqi academics have been assassinated (105 cases have been
documented). The "assassination policy" targeting Iraqi
scientists and scholars serves "a network of foreign
interests," including especially Israeli interests.
[1]
9-Apr-06
Karachi, Pakistan
Stampede in Karachi
kills at least 30 women and children [1]; 70 are
injured [2-3].
AL; CA; IA;
ID; IL;
MI; NM; OR; TX; UT
Hundreds of thousands
of people rally
in 10 states in favor of
immigrant rights:
500,000 in Dallas;
50,000 in San Diego; 20,000 in
Salt Lake City [1].
New York, NY
A report in the New
Yorker by Seymour Hersh claims the
U.S. is drawing up plans to attack Iran's nuclear
facilities; military options include "the use of a
bunker-buster tactical nuclear weapon, such as the B61-11"
[1]. President George W. Bush
describes such report as "just wild speculation" [2].
Iraq
American troops kill 8
anti-US fighters near Baghdad [1].
8-Apr-06
Kathmandu, Taulihawa, and Butwal,
Nepal
Police halt a
pro-democracy anti-monarchy demonstration in Kathmandu;
Maoist rebels attack security bases in Taulihawa and Butwal
[1]. At least 19 people are reportedly killed [3].
Musayyib, Iraq
A car bomb kills at
least 6 people and injures 21 in Musayyib [1].
New York, NY
JPMorgan Chase & Co.
to swap its corporate trust business for The Bank of New
York Company's consumer, small-business and middle-market
banking businesses [1-2]; the transaction is valued
at about $3.1 billion [2,3].
7-Apr-06
Baghdad, Iraq
3 suicide bombers,
including a woman, target the Buratha Shia mosque in
Baghdad, kill at least 74 people, and injure 136 [1,2].
Doda, Pakistan
Bus accident kills more than
50 people in Pakistan [1].
Rafah, Gaza Strip
Israeli forces kill 6
Palestinians, including a commander of the Popular
Resistance Committee and his daughter [1].
6-Apr-06
Najaf, Iraq
A car bomb near the
Shia Imam Ali shrine in Najaf kills at least 13 people and
injures about 40 [1].
Djibouti
Boat capsizes off the
coast of Djibouti killing at least 72 people [1].
Washington, DC
A new translation of
the Gnostic Gospel of Judas
claims Jesus told Judas " . . . you will exceed
all of them. For you will sacrifice the man that clothes me
. . . you will be cursed by the other generations — and you
will come to rule over them" [1].
London, UK
Greenpeace accuses McDonald's of destroying the Amazon
rainforest [1,2-3].
5-Apr-06
Atlantic City, NJ
New Jersey court
orders Merck to pay $4.5 million in damages in Vioxx case
[1-2]; but rejects a claim by another plaintiff
[1-3]. Merck & Co, shares fall in Germany [4].
4-Apr-06
France
Up to 3 million
people demonstrate across France against
the First
Employment Contract
(CPE) [1-3]; violence and
vandalism is reported [3]. Prime Minister Dominique
de Villepin remains defiant [3].
Iraq
9 U.S. troops are
killed in Iraq [1].
3-Apr-06
Detroit, MI; New York, NY
General Motors Corp. to
sell a 51% controlling interest in General Motors Acceptance
Corp. (GMAC) to a consortium led by Cerberus Capital
Management, LP, and including Citigroup Inc., and Aozora
Bank Ltd., for approximately $14 billion
[1].
See
23-Mar-06.
Canberra,
Australia; China
Australia and China sign
nuclear safeguards and uranium exports
agreements [1-3].
DE
U.S. Air Force C-5 Galaxy
cargo jet crashes near Dover Air Force Base in Delaware; 17
people aboard survive [1].
Waziristan, Pakistan
Continuing violence in
Waziristan kills 7 people [1].
2-Apr-06
Paris, France; Murray Hill, NJ
Alcatel to acquire Lucent
Technologies, including Bell Labs, for $13.5 billion in
stock [1-3]. Cost synergies are estimated at $1.7
billion within 3 years [1-2]; about 9,000 employees
are expected to lose their jobs [3-5].
TN; MO; IL
Tornadoes and thunderstorms
kill at least 23 people in Tennessee, Missouri and Illinois
[1].
Afghanistan
Suspected Taliban insurgents kill 9 police officers
[1].
Iran
Iran successfully test-fires
a high speed underwater missile [1-2].
1-Apr-06
New York, NY
Tens of
thousands of people demonstrate in New York in
support of immigrants' rights [1-2].
Iraq
U.S. AH-64D Apache Longbow
helicopter crashes southwest of Baghdad; 2 helicopter pilots
are dead [1]. Iraqi fighters claim they shot down the
helicopter [2]. Iraq violence kills 25 people
[2].
London, UK
The
Serious Organised Crime Agency
(SOCA),
UK's new FBI,
assumes its function:
4,200 staff; and a budget of £400 million
[1-2]. SOCA is sponsored by, but is operationally
independent from, the Home Office [3].
MARCH 2006
31-Mar-06
Doroud and Boroujerd, Lorestan,
Iran
A series of earthquakes
ranging from 4.7 to 6 on the Richter scale kill 66 people
and injure about 1,000 in Lorestan, Iran [1,2]. About
200 villages are damaged [3].
Paris, France
French President
Jacques Chirac decides to implement a
diluted version of the new
First Job Contract
(CPE)
law [1-3].
30-Mar-06
Bahrain
A cruise ship capsizes
off the coast of Bahrain drowning at least 57 people
[1,2].
Kedumim, Israel; Gaza City, Gaza
Strip
Suicide bombing kills
4 Israelis outside a Jewish settlement [1-2]. The
Israeli air force bombs targets in Gaza [2]. A car
bomb kills a senior Palestinian leader of the Popular
Resistance Committees (PRC) [1-3].
Cancun,
Mexico
North American summit focuses on
border security, immigration, North American
competitiveness, and cross-border commerce
[1-4]. Key issues remain unresolved [3].
29-Mar-06
Afghanistan
32 suspected Taliban
fighters and a U.S. and a Canadian soldier are killed in a
battle in Helmand, Afghanistan [1].
Baghdad, Iraq
Gunmen kill 9 people,
including 3 women, in an attack on a trading company in
Baghdad [1].
Mountain View, CA
Google Inc. plans to sell 5.3
million shares of Class A common stock [1] for more
than $2 billion primarily to funds that are based on the S&P
500 [2]. See 23-Mar-06.
28-Mar-06
Paris, Marseille, Nantes,
Bordeaux, Rennes, Mans, Boulogne-sur-Mer, and Calais, France
More than
one million students and trade
unionists demonstrate across France against
a new labor law
(CPE) [1,2].
Washington, DC
The Federal Open
Market Committee raises its target for the federal funds
rate by 25 basis points to 4.75%; the Board of Governors
approved a 25-basis-point increase in the discount rate to
5.75% [1]. The increase is the 15th consecutive
increase [2,3]. U.S. stock and bond prices tumble
[3].
Israel
Kadima party
wins 28 parliament seats out of 120 in
the Knesset election; voter turnout is 63.2%, a record low
[1].
27-Mar-06
Mosul and Bghdad, Iraq
A suicide bomber
targets a military recruit center killing at least 40 people
and injuring 20 [1,4]. 17 bodies are found in and
around Baghdad [4]
Los Angeles,
CA
Almost 40,000 students protest
in California against a bill passed by the U.S. House
of Representatives that targets illegal immigrants in the
United States [1].
Washington, DC
The Senate Judiciary
Committee approves measures allowing illegal immigrants to
apply for citizenship and foreigners to have a guest permit,
and measures to strengthen border security [1].
26-Mar-06
Iraq
U.S. and Iraqi forces
storm a Shia mosque killing at least 20 people [1],
including supporters of Muslim cleric Muqtada Sadr [2].
30 beheaded bodies are found near Baquba [5].
25-Mar-06
Los Angeles,
CA
About
500,000 people protest
in Los Angeles
and other cities against
a bill passed by the U.S. House
of Representatives that targets illegal immigrants in the
United States [1-2].
The number of foreign-born "illegal" or "undocumented
immigrants" in the United States is estimated at up to 12
million [1,3].
Bangkok, Thailand
Tens of thousands (50,000 on 25-Mar-06 and up to 30,000 on
26-Mar-06) protest in Bangkok against Thai Prime
Minister Thaksin Shinawatra [1-2].
Baghdad, Mahmudiya, and Balad Ruz, Iraq
Violence kills 13 Iraqis and
injures 19; 10 corpses are found [1].
24-Mar-06
USA; Canada
New
research, including computer simulations,
indicates that the world's oceans
could rise 13 to 20 feet by about 2100; the rise can be
linked to rising greenhouse gas levels and temperatures, and
polar melting of ice sheets [1]
[2-5].
Phoenix, Tucson,
AZ;
Atlanta, GA;
Kansas City, MO; Los Angeles,
CA
More than 30,000
protest in
Phoenix, Tucson, Atlanta, Kansas
City, and Los Angeles
against a bill passed by the
U.S. House of Representatives that targets illegal
immigrants in the United States [1-3].
Khalis and Baghdad, Iraq
Violence
in Iraq kills at least 51 people [1].
Waziristan, Pakistan
Pakistani security
forces repulse pro-Taliban militants killing at least 15
[1].
23-Mar-06
Baghdad and Iskandariya, Iraq
Violence kills a total of at least 56 Iraqis
[1]. Car bombs in
Baghdad, including an attack on the Iraqi police major
crimes unit, kill 33 people, including 13 police officers
[1,3].
Leverkusen and Berlin, Germany
Bayer AG plans to acquire
Schering AG in a transaction valued at €16.3 billion
[1-2] ($19.5 billion [3]).
The expected synergy potential of the merger is about
€700 million
[1]: About 6,000 jobs may be lost
[3].
Detroit, MI
An investor group led
by affiliates of Kohlberg Kravis Roberts & Co. (KKR), Five
Mile Capital Partners, LLC, and Goldman Sachs Capital
Partners acquires a 78% interest in GMAC Commercial Holding
Corp. (GMACCH) from General Motors Acceptance Corporation
(GMAC) for about $8.8 billion [1].
Mountain View, CA
Standard & Poor’s
announces that Google Inc. will replace Burlington
Resources Inc. in the S&P 500 after the close of trading on
31-Mar-06 [1]. Google's
stock price rises 7% on 24-Mar-06 [2].
New Delhi,
India
Mrs. Sonia
Gandhi, head of India's ruling coalition
and president of the Congress party, resigns from
parliament as an MP and as
chairperson of the National Advisory
Council [1-5].
22-Mar-06
Salman Pak, Baghdad, Madaen, and
Basra, Iraq
Insurgents attack the
headquarters of a police unit in Salman Pak [1]. A
battalion commander is killed and at least 5 are wounded; 5
insurgents are killed [1]. Insurgents also attack
Shia pilgrims in Baghdad, killing at least 2 pilgrims
[1,2], and injuring 40 [2]. At least 21 bodies are
found in Baghdad, including those of 16 Shia pilgrims
[3].
Mogadishu, Somalia
Fighting between
Somali Warlords and Islamic militias kills at least 60
people over 2 days [1-3].
Dubai
About 2,500 mostly foreign workers
strike in Dubal [1-3].
21-Mar-06
Muqdidiya, Iraq
Insurgents attack an Iraqi police station, kill at least 17
police officers and a guard, and free 33 prisoners; security
forces kill 10 insurgents [1].
Mountain View, CA
Google Inc. launches Google Finance Beta, a new financial
information service [1].
20-Mar-06
Innisfail, Qld, Australia
Tropical cyclone Larry
(category 5) hits Australia near Innisfail
[1]. About 7,000 people
loose their homes
to the cyclone [4]. The total damage caused by Larry
is expected to exceed $1.5 billion [5].
Iraq
Insurgents kill 39
people in Sunni-Shia sectarian violence; 15 bodies are also
found [1,3].
Seoul, South Korea
Seoul National University
(SNU) fires Dr. Hwang Woo-suk for
allegedly fabricating some stem cell research [1-3].
19-Mar-06
Belarus
President
Alexander G. Lukashenko wins
a landslide victory in the
presidential elections in Belarus
(turnout: 92.6%; votes: 82.6%)
[1]. About 10,000
people protest vote-rigging [1,4].
Western governments support Lukashenko's opposition
[3,4].
Lukashenko
called President George
W. Bush "terrorist No. 1 on our planet"
[2].
18-Mar-06
Paris,
Marseille, Toulouse, Montpellier, Rennes, Lyon, and Lille,
France
About 1.5
million
students and workers protest throughout France against a new
labor law, the First Employment Contract (contrat première
embauche-CPE) [1-2]; the law would allow employers to
terminate the employment of under-26s, in the first 2 years
of employment, at any time, without cause [3].
London, UK;
Dublin, Ireland; Stockholm, Sweden; Rome, Italy; Istanbul,
Turkey; Baghdad and Basra, Iraq; Sydney, Australia;
Tokyo, Japan; Seoul, South Korea; Kuala Lumpur, Malaysia;
Pakistan; Toronto, Canada; and New York, NY
Thousands of anti-war
protesters around the world mark the 3rd anniversary of
Iraq's invasion; some call US
president George W. Bush the "world's No 1 terrorist"
[1].
Selected statistics for the Iraq war, by source:
- Johns Hopkins Bloomberg
School of Public Health, Columbia University School of
Nursing and Al-Mustansiriya University in Baghdad.
Based on a comparison of Iraqi civilian mortality rates in
2 periods (14.6 months prior to the March 2003 invasion
and 17.8 months following the invasion; Falluja
information excluded), researchers estimated that 100,000
more Iraqis died than would have been expected had the
invasion not occurred [7].
-
Iraq Body Count. Civilians reported
killed by military intervention in Iraq, as of 17-Mar-06:
Minimum, 33,679; maximum, 37,795 [6].
- Iraq
Coalition Casualty Count. Total military casualties, from
21-Mar-03 through 16-Mar-06: US, 2317; UK, 103; other,
103; total, 2523 [3].
-
U.S. Department of Defense. OPERATION IRAQI FREEDOM (OIF) U.S. CASUALTY STATUS AS OF
17-MAR-06: TOTAL DEATHS, 2,313; WOUNDED IN ACTION (WIA),
17,124 [4].
- National Priorities
Project.
Cost of the
war in Iraq:
$251 billion, as at 31-Mar-06 ($2,235
per household; $993 per person)
[5].
Pozarevac, Serbia-Montenegro
At least 80,000 people bid
farewell to former Yugoslav President Slobodan Milosevic
[1]. The United Nations War Crimes
Tribunal claims Milosevic did not die of poisoning [3].
17-Mar-06
London, UK
The FTSE 100 brakes through the 6,000
level. The record high for the FTSE was 6,930.2, on 30
December 1999. [1]
San Jose, CA
U.S.
District Judge James Ware rules that Google Inc. does not
have to turn over customer search queries to the U.S.
Department of Justice (DOJ), but must turn over a list
limited to 50,000
indexed
Web addresses (URLs)
[1-2].
16-Mar-06
Washington, DC
The US Senate votes to raise the US
national debt limit to $8.965 trillion to avoid default on
US Treasury [1-2]. Secretary John W. Snow commends
Congress "for protecting the full faith and credit of the
United States" [5]. The Congressional Budget Office (CBO)
baseline budget projections for net interest on the
government debt in FY2006 is $218 billion [2].
CBO’s Baseline Budget Projections for 2006
[3]:
-
Total revenues: $2,313 billion
- Individual income
taxes: $1,003 billion
-
Corporate income taxes: $302 billion
- Total outlays: $2,648 billion
- Net interest: $218
billion
- Deficit: $336 billion
-
Gross federal debt at end of 2006: $8,524
billion
-
Federal debt held by the public at end of 2006:
$4,931 billion (37.7% of GDP)
See also U.S. statistics for
2005, 9-Mar-06.
Samarra, Iraq
U.S. and Iraqi forces launch Operation Swarmer, a massive
operation involving more than 50 aircraft, more than 1,500
troops, and about 200 tactical vehicles [1-4].
France
At least 250,000 students and labor union members protest
France's new labor law; clashes with police are reported in
Paris [1]. Caroline Wyatt, BBC News: " The economy is
the main battleground: pitching those who want change,
against many of the young who feel betrayed . . ." [2].
Baghdad and Halabja,
Iraq
Iraq's new parliament is
sworn in; thousand of Kurds in Halabja protest lack of
government services [1].
Saudi
Arabia
Al-Qaeda vows to expel Americans from Saudi Arabia
and to "slaughter" the Saudi government [1-2].
Mexico
City, Mexico; La Paz, Bolivia
4th World Water Forum [1]:
Bolivia asserts that supplies of clean water are a
"human right";
and refuses to sign an international declaration on clean
water that does not acknowledge this right [2].
15-Mar-06
Balad, Baghdad, and Baquba, Iraq
Deadly violence in Balad, Baghdad, and Baquba kills up to
18 people [1].
U.S. raid near Balad kills 11 people,
mostly women and children
[1-3].
United
Nations, New York, NY
The United
Nations General Assembly creates a new U.N. Human Rights
Council (170-4; 3 abstentions).
"Against" votes: Israel, Marshall Islands, Palau,
United States. [1]
Malaysia
Malaysia's Bumiputra-Commerce
Holdings to take over Southern Bank for $1.8 billion
[1-2].
14-Mar-06
Baghdad, Iraq
More evidence of sectarian
violence in Iraq: More than 87 bodies are recovered in and around Baghdad
[1].
Bangkok,
Thailand
About
100,000 (200,000 according
to organizers) Thai protesters in Bangkok demand the
resignation of Prime Minister Thaksin Shinawatra [1].
Paris, Marseille, Bordeaux,
Grenoble, and Rennes, France
Tens of thousands of people protest against a new French
labor law (contrat première embauche-CPE) that allows employers to
fire workers under 26 with ease [1-3].
Atlanta, GA; Costa Mesa, CA; Chicago, IL
Credit-reporting companies Equifax, Experian,
and TransUnion to introduce VantageScore, a new credit risk
scoring model [1].
TX
Texas fires killed at least 11 people, and burned more
than 1,000 square miles and, some fear, as many as 10,000
cattle and horses [1].
Moscow, Russia
Gennady Zyuganov, leader of
the Russian Communist party, believes the spreading of avian
influenza may be a new form of U.S. warfare [1].
H5N1-caused bird flu was reported in Afghanistan, India,
Myanmar, Malaysia, Denmark, Serbia, and Israel [2].
Affected areas with confirmed human cases of H5N1 avian
influenza since 2003:
China, Vietnam, Cambodia,
Thailand, Indonesia, Iraq, and Turkey [3]
Cumulative number of
laboratory-confirmed human cases of avian influenza A/(H5N1)
reported to WHO, as at 13-Mar-06: Total cases, 177; total
deaths, 98 [4].
13-Mar-06
Iran
The U.S. is reportedly restricting
Iran's dollar-based transactions (Iran blames
"Zionists"); Iran may switch from U.S. dollars to other currencies
[1].
Sacramento, CA; San Jose, CA
The McClatchy Company to acquire
Knight Ridder Inc. in a $6.5 billion deal, including about $2.0 billion in
assumed debt, making McClatchy America's second largest newspaper company
[1].
12-Mar-06
Baghdad, Iraq
Bomb and mortar attacks kill at least
80 people in Baghdad [1].
Darmstadt and Berlin, Germany
Merck KGaA makes an unsolicited $17.4
billion cash bid for Schering AG [1].
McLean, VA; Melville, NY
Capital One Financial Corporation to acquire North Fork
Bancorp for $14.6 billion [1].
Iwakuni, Japan
In a referendum, voters in Iwakuni vote overwhelmingly against expanding a
U.S. Marine base in
their city [1-3].
Tehran, Iran
Anti-Zionist
Orthodox Jewish Rabbis of Neturei Karta express support for Iran
[1-3]. Rabbi Yisroel
Dovid Weiss: "Orthodox Jews have always prayed and
till today, continually pray for the speedy and peaceful dismantling of the
Zionist state. As per the teachings of the Torah, the Jewish law, the Jewish
people are required to be loyal, upstanding citizens, in all of the
countries where-in they reside. They are expressly forbidden to have their
own entity or state in any form or configuration, in this Heavenly decreed
exile. Furthermore, the exemplification of one-self, with acts of compassion
and goodness, is of the essence of Judaism. To subjugate and oppress a
people, to steal their land, homes and orchards etc. is of the cardinal
sins, of the basics crimes, forbidden by the Torah" [4].
11-Mar-06
Darfur, Sudan
Sudanese troops and militias are
accused of killing 27 people and stealing cattle and sheep in the Darfur
area [1]
The Hague, The Netherlands
Former Yugoslav
President Slobodan Milosevic is found dead in his cell
near The Hague
[1,3-4].
Milosevic had claimed he was being poisoned in jail
[5].
10-Mar-06
Falluja and Baghdad, Iraq
A suicide bomber kills
at least 11 people, including 5 police officers and a U.S.
Marine, in Falluja [1]; violence around Iraq kills at
least 17 people [2].
Washington,
DC
The collapse of the Dubai
Ports World (DPW) deal raises many concerns: Arabs may
invest less in the U.S.; free trade agreements with Arab
countries may be postponed or undermined; military
cooperation with Arab
"friends and allies"
may weaken [1,2]. Senator Charles E. Schumer (D-NY),
of Jewish provenance, played a key role in blocking the deal
[1-5].
New York, NY; Tokyo, Japan
U.S.
stock market indices soar
[1,5].
DJIA up 104.06
to 11,076.34
[1].
NYSE Composite up 71.41 to
8,079.24 [2].
NASDAQ Composite up 12.32
to 2,262.04
[3].
NIKKEI 225 up
245.88 to 16,361.51
[4].
9-Mar-06
New York, NY
Forbes identifies a record 793
billionaires with a combined worth of $2.6 trillion [1].
The top 10 billionaires are: William Gates III, Warren
Buffet, Carlos Slim Helu, Ingvar Kamprad, Lakshmi Mittal,
Paul Allen, Bernard Arnault, Prince Alwaleed Bin Talal
Alsaud, Kenneth Thomson, and Li Ka-shing [1].
Using U.S. statistics for 2005, the
combined worth of the 793 billionaires represents about:
20.8% of the U.S. gross domestic product (GDP); 25.6% of the
U.S. money stock (M3); 118.8% of total U.S. consumer credit;
6.5% of the total U.S. debt outstanding; and $8,764 per U.S.
citizen [2].
U.S. statistics for 2005:
- The U.S.
gross domestic product: $12.5 trillion [3].
- U.S. money
stock (M3): $10.2 trillion [3].
- U.S.
household debt outstanding: $11.5 trillion [4].
-
Total U.S. consumer credit: $2.2
trillion [4].
-
Total U.S. debt outstanding (domestic financial and
nonfinancial sector and foreign): $40.2 trillion [4].
-
The total population of the U.S.:
296.6 million [3].
Beijing,
China
China issues the
Human Rights Record of the United States in 2005
[1]. The report is China's
response to the Country Reports on Human
Rights Practices for 2005 issued by the U.S. State
Department on 8-Mar-06. [1,4]Selected
highlights [1-3]:
- Criminality.
According to the U.S. Justice Department, there were
5,182,670 violent crimes in the United States in 2004
(about one violent crime victim for every 47 U.S.
residents aged 12 and older). [1]
- Record
incarcerations. "The United States proclaims to be a
'paradise of freedom,' yet the total number and ratio of
its people behind bars both rank the first in the world.
According to data released by the statistics bureau of the
U.S. Justice Department on Oct. 23, 2005, the total number
of people incarcerated in the United States was 2,267,787
at the end of 2004. This meant an incarceration rate of
724 per 100,000, up 18 percent from ten years earlier and
25 percent higher than that of any other nation." [3]
- "Democracy"
for the rich. "The United States has always boasted
itself as the 'model of democracy' and hawked its mode of
democracy to the rest of the world. In* fact, American
'democracy' is always one for the wealthy and a 'game for
the rich.'" [1]
- Dollars per
vote. Billionaire Mayor Michael Bloomberg spent 77.89
million U.S. dollars of his fortune for re-election in
November 2005 (more than $100 per vote). [1]
- Political
corruption. "On Oct. 24, 2005, a national
public opinion survey released by the U.S. News and World
Report revealed that 73 percent Americans believe their
leaders are out of touch with the average person; 64
percent of Americans feel that their leaders are corrupted
by power; 62 percent think that leaders seek for increase
in personal wealth." [3]
- Poverty and
homelessness. "The United States dubs the world's
richest country, . . . maintains the highest poverty rate
among developed countries." The United States had 727,304
homeless people in 2005 (about one in every 400 Americans
were homeless) [reported source: USA Today]. "In 2004,
28.4 percent of households headed by single women were in
poverty/." [3]
- Violation of
Human Rights. " . . . [T]he U.S. government grossly
violates the sovereignty and human rights of other
countries in contempt of universally-recognized
international norms." " . . . [A]bout 100,000 Iraqis,
mostly women and children, had died in the Iraqi war
launched by the U.S. government in 2003" [quoted sources:
USA Today and The Lancet]. [3]
Tokyo, Japan
The Bank of Japan decides to tighten credit putting an
end to easy money [1-3]. Specifically, the Bank of
Japan decides "to change the operating target of money
market operations from the outstanding balance of current
accounts at the Bank to the uncollateralized overnight call
rate" and to encourage the uncollateralized overnight
call rate to remain at 0% [1].
Tokyo, Japan
he Nikkei
225
index soars
[1,2].
NIKKEI 225 up
409.42 to 16,036.91
[1].
Dubai, UAE;
London, UK
Dubai Ports World (DPW), decides to transfer U.S.
management operations of Peninsular and Oriental Steam
Navigation Co. (P&O)
at 6 U.S. ports to a U.S. entity [1].
Baghdad, Iraq
Iraq hangs 13 insurgents. Sectarian tension is at a
record high: at least 10 people are killed in attacks in
Baghdad [1].
Washington, DC
General John Abizaid, at a U.S. Senate committee
hearing: "the security situation in the country [Iraq],
while changing in its nature from insurgency toward
sectarian violence, is controllable by Iraqi security forces
and multi-national forces." Defense Secretary Donald
Rumsfeld: "insurgents and terrorists are trying to cause a
civil war." [1]
8-Mar-06
Washington,
DC
The U.S.
Department of State releases the 2005 Country Reports on
Human Rights Practices [1]. Top
violators of human rights: North Korea, Burma, Iran,
Zimbabwe, China, and Cuba [4]. With respect to China,
The U.S. Department of State identifies 22 human rights
problems, including: physical abuse; torture and coerced
confessions; harassment; arbitrary arrest and detention; a
politically controlled judiciary; detention of political
prisoners; monitoring of citizens' mail, telephone and
electronic communications; restrictions on freedom of speech
and the press; restrictions on the freedom of assembly;
restrictions on religious freedom; severe government
corruption; trafficking in women and children; restriction
of labor rights [2].
Washington, DC
Republicans in the US
House of Representatives vote to block Dubai Ports World's
acquisition of operations at 6 U.S. ports [1-3].
Dublin,
Ireland
The Roman Catholic Church in Ireland discloses that 102
of its Dublin priests (3.6% of the total) are suspected of
abusing children [1]. The Church may have to sell
property to compensate victims of pedophilia [3].
7-Mar-06
Varanasi, Uttar Pradesh, India
Synchronous bombs in
Varanasi, the Hindu holy city of Benares, kill at least 15
people and injure 60 [1].
France
More than 1
million people protest
against a new French law, The
First Employment Contract (CPE), that allows employers to
fire young workers (under 26 years of age) "any time without
explanation" [1-2].
Student at about 40 universities, including the Sorbonne,
participate in the protest
[1].
French
riot police storm the Sorbonne
on 11-Mar-06 [1-3].
Israel
Israel to continue its policy of
political assassination or "targeted killings" [1].
Hamas is undeterred by Israeli threats, which it calls
"clear and formal terrorism" [2].
Washington, DC
The U.S.
House of Representatives passes the
renewed USA Patriot Act [1-3].
Congressman Dennis J. Kucinich (D-OH): “The PATRIOT Act
threatens the civil liberties of every citizen of this
nation, and is a full frontal assault on the Bill of Rights
and our Constitution. . . The
PATRIOT Act permits the government to continue to conduct
criminal investigations without probable cause, to conduct
secret searches, to gain wide powers of phone and internet
surveillance, and access highly personal medical, financial,
mental health, and student records with minimal judicial
oversight. This bill threatens to
turn back the clock on over 200 years of progress in the
protection of civil liberties in this nation. . ." [4]
New York, NY
NYSE Group completes the New York Stock
Exchange/Archipelago Holdings, Inc. merger [1].
6-Mar-06
Iraq
A series of bomb attacks kill
6 people and injure 24 in Iraq [1].
London, UK
Britain's Court of
Appeal allows the takeover of P&O by Dubai's state-owned
Dubai Ports World (DPW) [1-3].
5-Mar-06
Bangkok,
Thailand
About 100,000
Thais rally against Prime
Minister and telecom tycoon Thaksin
Shinawatra who is accused of
corruption [1-2].
San Antonio, TX; Atlanta, GA
AT&T Inc. to buy
BellSouth Corp. for about $67 billion
[1-5]. The expected net
present value of the merger: $18 billion in synergies
[1-2]. The expected job cuts after the merger: 10,000;
total AT&T job cuts: 36,000 [6].
4-Mar-06
Mir Ali and Miran Shah,
Waziristan, Pakistan
Pakistani troops kill about
100 militants and lose 2 soldiers in clashes in Waziristan
[1].
Doha, Qatar
Ayman
al-Zawahiri, in a video aired by Aljazeera: "The Prophet
Muhammad, prayers be upon him, and Jesus Christ, peace be
upon him, are not sacred any more, while Semites and the
Holocaust and homosexuality have become sacred."
Al-Zawahiri
also urges Hamas to continue fighting Israel.
[1].
Bangkok,
Thailand
About 100,000
Thais rally against Prime
Minister and telecom tycoon Thaksin
Shinawatra who is accused of
corruption [1-2].
3-Mar-06
Multan and Lucknow,
Pakistan
About 10,000 Pakistanis
protest in Multan against President Pervez Musharraf and
President George W. Bush, who is visiting Pakistan [1].
4 people are killed in
a violent anti-Bush protest in Lucknow;
the violence pitted Muslims against Hindus [2].
Waterloo, ON; VA
BlackBerry maker
Research in Motion Ltd. agrees to settle a wireless email
infringement dispute with NTP Inc. and pay $612.5 million
[1-2].
Bangkok,
Thailand
About 100,000 Thais rally in
supporter of PM Thaksin Shinawatra
[1].
2-Mar-06
Karachi, Pakistan
Suicide attack outside the
U.S. Consulate near the Marriot hotel in Karachi kills at
least 4 people, including an American diplomat, and injures
about 50 [1-2].
Baghdad and Tikrit, Iraq
Attacks in Baghdad and
Tikrit kill at least 18 people
[1], including 7 Iraqi
soldiers and 4 police officers [1-2].
John Pace, former UN human rights chief in Iraq:
Baghdad's morgue received from 780 to 1,110 corpses per
month throughout 2005; 75% of the corpses show evidence of
torture [3].
New Delhi,
India
India and the United States
seal a civil nuclear agreement
[1-5]. India
has 22 nuclear reactors; 14 of its civilian nuclear reactors
will be open to international inspection; India will be able
to access nuclear technology and fuel from the U.S. [4].
Many Indian scientists are concerned the deal will interfere
with India's military interests [3]. Underlying key
issues in the India-U.S. relationship include China's
economic growth and increasing military power [6].
Frankfurt, Germany
The Governing Council
of the European Central Bank raises the minimum bid rate on
the main refinancing operations of the Eurosystem by 25
basis points to 2.50% [1]. Oil prices increased 18%
in Europe over 2005 [2]. The growth in the money
supply (M3) increased to 7.6% in the year to January, from
7.3% in the year to December [3].
Washington, DC
The U.S. Senate passes
the renewed USA Patriot Act [1]. Sen. Russell D.
Feingold (D-WI): "Without freedom, we are not America. If we
don't preserve our liberties, we cannot win this war, no
matter how many terrorists we capture or kill. . . Americans
want to defeat terrorism . . . They want to empower the
government to protect the nation from terrorists, and they
want protections against government overreaching and
overreacting. . . They want both security and liberty, and
unless we give them both – and we can, if we try – we have
failed" [2].
1-Mar-06
Saidgai, Waziristan, Pakistan
Pakistani forces kill at least 45 suspected militants
[1], including a Chechen commander, in Waziristan,
Pakistan [2].
Baghdad, Iraq
Violence, including a
car bomb attack targeting the police in Baghdad, kills at
least 26 people and injures 65 [1-2].
New Delhi,
India
About 100,000
mostly Muslim Indians protest in New Delhi against a
visit by President Bush: "killer Bush go
home." Planned protests in Bombay and
Hyderabad are also reported.
[1]
France
12 intellectuals, including Salman
Rushdie and Bernard Henri-Levy, issue a
manifesto published by Charlie Hebdo: "After having
overcome fascism, Nazism, and Stalinism, the world now faces
a new global threat: Islamism. . . The
recent events, which occurred after the publication of
drawings of Muhammed in European newspapers, have revealed
the necessity of the struggle for these universal values.
This struggle will not be won by arms, but in the
ideological field. It is not a clash of civilisations nor an
antagonism of West and East that we are witnessing, but a
global struggle that confronts democrats and theocrats"
[1-2].
FEBRUARY 2006
28-Feb-06
Baghdad and Amara, Iraq
Explosions kill at least
75
people mostly in Baghdad; 2 British soldiers
are killed in Amara [1]. Media
reports claim that 379 people were killed
and 458 were injured in
the violence since the bombing of the al-Askari Shia shrine in Samarra
on 22-Feb-06 [1];
however, according to Baghdad's main morgue, the toll was
more than 1,300 [2].
OPERATION IRAQI FREEDOM (OIF) U.S. CASUALTY STATUS AS OF
27-FEB-06: TOTAL DEATHS, 2,296; WOUNDED IN ACTION (WIA),
16,825 [6].
Darmagura, Chattisgarh, India
Indian Maoist attack kills at
least 55 people and injures 20 [1].
New York, NY; London, UK; Paris,
France; Frankfurt am Main, Germany; Tokyo, Japan
Shares of Google Inc. plunge about
7.1%,
closing at $362.62, after a comment by its CFO
regarding slow growth [1-2,10].
Global stock market indices plummet [3-10].
DJIA down 104.14 to 10,993.41 [3].
NYSE Composite down 79.06
to 8,060.61 [4].
NASDAQ Composite down 25.79 to 2,281.39 [5].
FTSE 100 down 84.40
to 5,791.50
[6].
CAC 40 down 80.07
to 5,000.45
[7].
DAX down 119.11 to
5,796.04
[8].
NIKKEI 225 up 12.48 to
16,205.43 (down
240.97 to 15,964.46 on 1-Mar-06)
[9].
27-Feb-06
London, UK and Westborough, MA;
Brooklyn, NY
National Grid Plc to
buy KeySpan Corporation for $7.3 billion in cash [1-2].
United
Nations, New York, NY
The United States opposes a proposal
to replace the Human Rights Commission
by a new
United Nations Human
Rights Council
[1].
26-Feb-06
Basra, Baghdad, Hilla, and
Baquba, Iraq
Violence in Basra,
Baghdad, Hilla, and Baquba kills at least
29 people,
including 3 U.S. troops
[1].
25-Feb-06
Karbala, Baghdad, and Tuz
Khormato, Iraq
60 Iraqis are killed in
sectarian violence [1-2]. Americans underestimate the
influence of imams on Iraqi politics [3].
Uganda
Uganda's President Yoweri
Museveni is re-elected [1].
Paris, France
Suez SA and Gaz de France
plan to merge [1-2]; the plan blocks a bid from
Italy's Enel S.p.A. [3]. France has adopted a policy
of "economic patriotism" [5-6]; Italians are furious
[6].
24-Feb-06
Abqaiq, Dammam, Saudi Arabia
A suicide
car bomb attack on Saudi Aramco's Abqaiq oil facility is foiled
[1-8];
6 people are killed [3].
Markets are nervous [2].
The price of crude oil jumps 3.4% on the New York
Mercantile Exchange [4]. Al-Qaeda
claims responsibility; the claimed purpose of the attack is
to stop the "pillage of oil wealth" by
"infidels" [5].
Philippines
Gloria Macapagal Arroyo,
president of the Philippines, declares a state of emergency
after foiling an alleged coup [1-3].
All protests are banned; Filipinos defy the ban and mark
the 20th anniversary of 1986 "people power" revolt
[1-2].
Chittagong, Bangladesh
Textile factory fire kills 55
workers, mostly women, and
injures about 100
others in Chittagong, Bangladesh;
at least 100 people are missing [1].
23-Feb-06
Baghdad, Nahrawan, Basra, and
Baquba, Iraq
Revenge attacks follow the
bombing of the golden dome of the al-Askari shrine in
Samarra: More than 100 people are killed in Baghdad and
Nahrawan [1-2]. Shia militia attack 27 Sunni mosques
and kill several Mullahs [2-3]. A bomb attack in
Baquba kills at least 16 people, including 8 soldiers, and
injure at least 20 [2].
Moscow, Russia
The roof of Basmanny market
in Moscow collapses killing at least 47 people and injuring
about 30 [1-2].
India
The
U.S. consulate in Chennai, India
refused a visa on 9-Feb-06 to
Prof. Goverdhan Mehta, president
of the International Council for Science (ICSU)
[1-2]. The decision
by the U.S. consulate is described as "dumb" [2].
Michael Greco, president of the American Bar Association:
"Our laws and attitudes on immigration have been almost
schizophrenic . . ." [5]. According to Debra Stewart,
head of the Council of Graduate Schools, applications from
foreign students for masters and doctoral programs at U.S.
universities fell by about 50% since 11-Sep-01 [5].
22-Feb-06
Samarra, Iraq
Bomb attack destroys the
golden dome of the sacred al-Askari
Shia shrine in Samarra
[1-4]; many blame Americans for the destruction [2].
Iran president Ahmadinejad blames the U.S. and
Zionists [5].
21-Feb-06
Baghdad, Iraq
Car bomb in Baghdad kills at
least 22 people and injure another 30 [1-2]. The
total number of insurgent attacks increased from 26,496 in
2004 to 34,131 in 2005 (or 28.8%) [1].
Onitsha and
Bauchi, Nigeria
Christian-Muslim sectarian
violence follows the anti-Danish cartoons protests in
Maiduguri; 49 people are killed since 18-Feb-06
[1].
Düsseldorf, Germany; Madrid,
Spain
E.ON AG to buy Endesa
SA for 29.1 billion euros ($34.6 billion) [1].
Cambridge, MA
Dr. Lawrence
Henry Summers decides to
resign as Harvard's president
as of 30-Jun-06
[1-2].
Summers alienated many with his views
on the relationship between gender and scientific ability;
and
was facing a possible second vote
of no confidence on 28-Feb-06 from
the members of the Faculty of Arts
and Sciences
[2-4].
Summers served as
the United States Treasury
secretary under President Bill Clinton
[2,6]. Summers is an ardent supporter
of globalization [6]. While at the World Bank,
Summers apparently signed a memo dated 12-Dec-1991 that
argued in favor of dumping pollution from rich countries
into less developed countries [6-7].
His
handling of a "Russian fraud scandal" involving his friend
Andrei Shleifer, a Harvard economist, has been a serious
concern [8-9].
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