Truthout
Articles
BP, Obama and the Economics of Disaster
The unceasing dribble of bad news from the Gulf of Mexico has been running before our eyes for weeks now: dead plankton; hypoxic zones looming and worsening, the product …
The New Finance Bill: A Mountain of Legislative Paper, a Molehill of Reform
Thursday the President pronounced that “because of this [financial reform] bill the American people will never again be asked to foot the bill for Wall Street’s mistakes.” As if …
Goldman to Pay $550 Million to Settle SEC Fraud Charges
Washington - Goldman Sachs agreed Thursday to pay $550 million — the largest penalty ever imposed on an investment bank — to settle civil fraud charges over its “incomplete” …
At Least 27 Killed in Suicide Bombing at Iran Mosque
An Iran mosque twin suicide bombing killed at least 27 people Thursday. It is in an event that is expected to intensify tensions between Tehran and Washington, as Iran …
Red Sea: The Other Oil Spill
Hurghada, Egypt - When Hamdy Shahat and his four-man crew first set sail from this resort town last month, he expected to return with a boatload full of red …
BP Halts Gulf Oil Spill Leak for First Time as Crucial Test Begins
The test to determine whether BP can keep the cap closed on its leaking well began Thursday afternoon after an overnight delay. When the test began, no oil was …
Civil Society Hails New Oil and Mining Transparency Standards
Washington - National and international civil society groups Thursday hailed the U.S. Senate's passage of a major financial reform act that includes a key anti-corruption provision requiring energy and …
Double Dividend: Make Money by Saving Nature
Saving nature is the central issue. Carbon fuels destroy nature. The Gulf Death Gusher is the most visible sign. But signs are everywhere. Overall global warming increases hurricanes and …
Clues Suggest Amiri Defection Was an Iranian Plant
Washington - U.S. officials are explaining Iranian scientist Shahram Amiri's return to Iran as the result of a defector having a change of heart because of his concern about …
New Orleans Police Charged With Killings After Katrina
As revelations of police violence and corruption shake New Orleans, the city's new mayor, Mitch Landrieu, has signaled the disturbing direction he plans to take, asking the Department of …