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Last Update:
Wednesday, May 27, 2009
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Headlines |
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Yesterdays Edition |
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US
businesses offshore 22,000 green jobs to India
Obama Takes Aim At Tax Havens, Loopholes President Barack Obama
is proposing to close tax loopholes for companies and individuals
with operations or bank accounts overseas.
Democrats leave Gitmo closing money out of bill (AP)
UBS asks U.S. court to drop tax evasion case UBS AG asked a U.S.
court on Thursday to reject demands by U.S. tax authorities for
confidential information about its American clients, saying
disclosure would violate Switzerland's bank secrecy laws.
4th-Grader Questions Condoleezza Rice On Waterboarding...Censored?
School Told Him Not To Use The Word "Torture"
How Lehman Brothers Got Its Real Estate Fix A deal maker at
Lehman pioneered ways to package debt that brought huge profits but
set off the bank’s collapse
Lessons From 1976 Flu Vaccinations Thirty-three years ago, the
U.S. launched an unprecedented effort to fend off a swine flu
epidemic by vaccinating every person. The program was eventually
halted when the flu failed to materialize and the vaccine itself was
linked to harmful side-effects.
Former Bush Official Proposes Establishing a Group of Three – U.S.,
China, Saudi Arabia The former director of the Middle East
Department in the National Security Council in the Bush
administration has recommended the establishment of a new economic
grouping comprising the U.S., China and Saudi Arabia. |
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Connecticut
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Conn. Lawmaker Loses Post As Woman's Death Probed
Conn. Gov. asks delay in utility shutoffs Gov. M. Jodi Rell is
asking Connecticut utility companies to voluntarily extend their
"no-shutoff" winter moratorium for delinquent customers.
Conn. Senate poised to take up autism bill The Connecticut
Senate could vote as early as this week on legislation requiring
group health insurance plans to cover the diagnosis and treatment of
autism for young children.
State Senate Bans Machine Guns for Those Under Age 16
Darkness could fall on nearly 300,000 in Connecticut This
recession could see nearly 300,000 residents and businesses lose
electricity in the coming weeks because of unpaid power bills. On
Friday, the day a winter moratorium on shutting off power to |
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United States
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Company
warned officials of flu 18 days before alert was issued
Washington state biosurveillance firm raised the first warning
about a possible outbreak of swine flu in Mexico more than two
weeks before the World Health Organization offered its initial
alert about a public health emergency of international concern.
Google puts flu tracker to work on swine flu
US Swine Flu Count Tops 100
Post-9/11 GI Bill applications now accepted
KBR Contracts Are ‘Majority’ of Fraud Referrals
Judge sentences two more in Ft. Dix conspiracy A man who was the
"epicenter of the conspiracy" to kill military personnel was
sentenced to life in prison and a convicted fellow plotter was
sentenced to 33 years as a judge on Wednesday finished sentencing
five Muslim immigrants who contemplated an attack on Ft. Dix.
VA: 5th HIV case linked to unsterile equipment A fifth patient
has tested positive for HIV, and seven more tested positive for
hepatitis after being exposed to contaminated medical equipment at
three Department of Veterans Affairs hospitals, the agency said
Friday.
Mexican drug smugglers move into N.M. The dusty little border
town of Columbus, N.M., has seen a sudden boom in flashy cars and
other sudden signs of wealth due to an influx of Mexican drug
smugglers, investigators say.
Pennsylvania jury is 'failure of justice' All-white jury
dismisses 'hate crime' murder of illegal alien.
Military Lawyers: Release Gitmo Youths Military lawyers for two
young Guantanamo detainees have urged the United States to follow
the legally binding protocols it signed in 2002 on child soldiers
and release the juveniles now being held at the U.S. military prison
in Cuba.
UAW wins big Chrysler stake but can't run company The United
Auto Workers union would appear to be the big winner in the Chrysler
bankruptcy saga, having exercised its considerable political muscle
to win a 55 percent stake in the country's third-largest automaker.
Swine flu or not, many workers can't stay home |
'Hire American' provisions frustrate universities, employers
At Duke University in North Carolina, where foreign nationals
account for 60 percent of this year's master's class in
engineering, Vivek Wadhwa is watching his students struggle to
get jobs.
Churchgoers more likely to back torture, survey finds
Accused Al Qaeda Sleeper Agent Admits Role In 9/11 Attacks,
Pleads Guilty
Condi Confronted About Authorizing Torture By Stanford Students
David Kirby: Reuters Mangles Flu Story and Blasts "Wild
Theories" About "Evil Factory Farms" Reuters agency, one of
the world's most reliably pro-business news outlets, today
blasted "wild theories" about "evil factory farms in Mexico"
being the cause of the current outbreak of "deadly swine
flu."Dead pigs in China, evil factory farms in Mexico and an al
Qaeda plot involving Mexican drug cartels are a few wild
theories seeking to explain (it),"
says Reuter's Michael Kahn in London. "Nobody knows for
sure, but scientists say the origins are in fact far less
sinister and are likely explained by the ability of viruses to
mutate and jump from species to species as animals and people
increasingly live closer to each other." That's right - in the
lead paragraph, he derides the "wild theory" about
factory-farms; and in the next he says the virus jumped from
species to species to people, who live ever closer together.
Employers of illegal workers to be
targeted by U.S.
There's no such thing as a fixed-rate
credit card Even if you have good
credit, card issuers can change your
rate and terms at will.
Sue the company? Most contracts force
consumers to forfeit that right If
you have a credit card, a cellphone or
even just a job, chances are you've
already signed away your right to sue if
something goes wrong.
50 years of federal court oversight
ends; judge rules Texas city's schools
are desegregated A federal judge has
ruled that the Galveston public school
system is desegregated, ending a civil
rights lawsuit that was initiated in
1959.
Nerve-gas plotter held over rocket deal
Korean-American man who served prison
time for trying to broker the sale of
sarin nerve gas bombs to Iran has been
indicted on charges of attempting to
export rocket technology to South Korea.
Companies shift rules to keep CEO pay up
Espresso Book
Machine Could
Change
Publishing A
new kind of
vending machine
has been
unveiled in
London. The
Espresso Book
Machine has
access to
500,000 books.
Put in money,
make a selection
and the machine
prints and binds
your book. At
100 pages a
minute, you can
get a copy of
War and
Peacein 15
minutes
Bank Regulation Case Pits U.S. Against
States The Supreme Court heard
arguments in case that could give states
more power in overseeing banks, which
federal regulators oppose.
Is It Wrong To Pay For Sex? It is an
age-old question about what is often
called the world's oldest profession.
But is it morally and ethically wrong —
and should it be legally wrong — to pay
for sex? A panel of experts takes on the
topic in the latest Intelligence
Squared U.S. debate.
Al Jazeera Joins Cable Lineup In D.C.
Pot School: Oaksterdam Teaches 'Cannabusiness'
Oaksterdam University is a trade school
for those who grow and distribute
medical marijuana. Joshua Green, senior
editor at Atlantic Magazine,
took a 13-week seminar at the school in
Fall 2008. There, he learned the ABCs of
opening a pot franchise.
4th-Grader Questions Condoleezza Rice On
Waterboarding...Censored? School Told
Him Not To Use The Word "Torture"
WaMu seeks to
investigate
JPMorgan conduct
in deal
Washington
Mutual Inc on
Friday asked a
U.S. bankruptcy
court to let it
probe whether
JPMorgan Chase &
Co had
unlawfully
damaged its
former thrift
unit's assets in
order to buy it
"on the cheap,"
at $1.9 billion,
last September.
Documentary examines U.S. child sex
trade Filmmaker Libby Spears wanted
to make a documentary about the sexual
exploitation of kids in Asia and Latin
America, but that changed when she
discovered that child sex trafficking is
a big problem in the United States.
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Madoffed |
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Science |
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Scientists see this flu strain as relatively mild
Fertilisers 'reducing diversity' Excess fertilisation
reduces plant diversity, as fast growing species block some
plants' access to sunlight, a study shows.
Comets may have jump-started appearance of living organisms, TAU
researchers say "When comets slammed into the Earth, they
delivered a payload of organic materials," researcher says.
Scientists say device
charges cars smarter
Researchers at the Pacific Northwest
National Laboratory in Richland, Wash.,
say they've come up with a way to
recharge electric cars that won't strain
the power grid.
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Africans have
world's greatest
genetic
variation
Africans have
more genetic
variation than
anyone else on
Earth, according
to a new study
that helps
narrow the
location where
humans first
evolved,
probably near
the South
Africa-Namibia
border....
Scientists trace
ancestry of
swine flu virus
to 1998 outbreak
The new H1N1
influenza virus
that continues
to spread
through the U.S.
has ancestry in
a swine flu
outbreak that
first struck a
North Carolina
hog farm more
than 10 years
ago, according
to scientists
studying the
strain's genetic
makeup
Sharp Unveils
Solar Powered
Cell Phone
Officials at
Japan's Sharp
Corp. say a
solar panel
snaps on to the
device and soaks
up the sun,
which powers the
phone. The phone
is waterproof,
which makes it
perfect for
poolside
chatting.
Japanese
consumers need
only worry about
clouds. For now,
the phone is
only being
released in
Japan.
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Politics |
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Credit Rating Firms Accused Of Reaping Profits As Regulators
Fail
GATES: GITMO DETAINEES COULD BE COMING TO THE
U.S.
Bill would add support for injured reservists
Frugal Google raised 1Q lobbying tally to $880K Google Inc.
has been getting more frugal with its employees and other
expenses as the recession crimps its growth, but the Internet
search leader isn't skimping on political lobbying
Top U.S. Marine Defends $13 Billion Amphibious Tank U.S.
Marines must be able to storm enemy shores in amphibious
vehicles such as those being built by General Dynamics Corp, the
top Marine said, defending a $13.2 billion program called into
question by Defense Secretary Robert Gates.
Buffett says most banks aren’t too big to fail Billionaire
Warren Buffett says most of the banks the U.S. government is
evaluating with stress tests are not too big to fail.
Lawmakers Move To Curb Rape On Native Lands One in 3 Native
American women will be raped in her lifetime, according to the
Justice Department, but few cases of sexual assault in Indian
country make it to the courthouse. Now, Congress is sending
money to combat the problem and considering a bill to strengthen
the authority of tribal police.
Worries Rise on the Size of U.S. Debt The government is
digging itself deeper into debt, but the market for Treasuries
is not infinite and interest payments are expected to balloon.
Specter: GOP moved 'far to the right' There’s more than
being reelected here. There’s the factor of principle," Specter
says.
Specter Was Critical of Jeffords' Switch in 2001 Sen. Arlen
Specter (Pa.), who shocked his GOP colleagues Tuesday by
announcing his jump to the Democratic Party in advance of his
re-election campaign next year, criticized then-Sen. Jim
Jeffords (Vt.) in 2001 for a similar move.
Gonzales says US should be open to torturing again
National Zoo Using Stimulus Funds Despite Ban |
DOJ Official Breached Ethics Rules Playing Golf
Psychologists Told CIA Waterboarding Was Safe
Tax
credit gets snagged on IRS withholding tables
Commerce Dept. releases $53M for salmon disaster
The Commerce Department released $53 million to Oregon and
California on Thursday to help West Coast salmon fishermen after
the third fishery failure in four years....
Congress to stop using coal in power plant
Report: Cyber warfare policies lack oversight Shrouded in
secrecy, the U.S. government's policies on how and when to wage
cyber warfare are ill-formed, lack adequate oversight and
require a broad public debate, a new report by the National
Research Council says.
Edwards acknowledges campaign funds probe Two-time
Democratic presidential candidate John Edwards is acknowledging
a federal inquiry into his campaign funds.
New health threat system was slow to alert Despite huge
efforts to make the reporting of disease outbreaks fast and
automatic, there were significant delays in bringing Mexico's
swine flu outbreak to the full attention of international
authorities.
Buffett Criticizes Bank Stress Tests Warren E. Buffett
attacked the government’s stress tests of 19 large banks —
including three Berkshire holdings — saying they failed to
properly assess the industry’s health.
New hope for stalled labor bill
Republicans Defend Tax Havens Against Obama Crackdown
Group wants Senate to get 'techy' A bipartisan group of
seven senators would like the upper chamber to join the digital
age.
Murtha’s Nephew Named a Lobbyist for Marines The Marine
Corps has assigned the nephew of Representative John P. Murtha,
head of a military spending subcommitee, to lobby the Capitol on
behalf of the corps.
Democrats leave Gitmo closing money out of bill
(AP)
Mortgage bankers celebrate victory Anti-bankruptcy reform
legislation is giving mortgage brokers a reason to celebrate
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Obama |
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White House Aide Has Suspected Swine Flu Case
Obama Takes Swipe At Fox News, Tea Baggers
Obama adviser: Economic contraction likely A top Obama
adviser is predicting another economic contraction in the second
quarter of the year and continued increases in unemployment for
the next several
U.S. May Revive Guantánamo Military Courts
Obama: Schools with suspected cases should close
Obama Takes Aim At Tax Havens, Loopholes President Barack
Obama is proposing to close tax loopholes for companies and
individuals with operations or bank accounts overseas.
Obama picks a fight with 'speculators' He's sets up a
dramatic showdown with Wall Street -- which may be just what the
W.H. wants. |
Anti-Torture Protesters Arrested In Droves Outside White House
Biden: I'm Telling My Family To Avoid Trains, Airplanes
Obama wants weapons-buying bill by Memorial Day President
Barack Obama says he wants Congress to send him a bill by
Memorial Day to save billions of dollars by overhauling the
process for buying military weapons systems
Gates Urges US Congress to Approve War Money Fast U.S.
Defense Secretary Robert Gates on Thursday pressed Congress to
quickly approve $83.4 billion for the wars in Iraq and
Afghanistan and for aid to Pakistan.
U.S. says ready to cut nuclear missiles in Russia deal The
United States is ready to cut the number of nuclear weapons
delivery vehicles as part of an agreement with Russia to replace
a Cold War arms treaty, Washington's chief negotiator was quoted
as saying on Monday. |
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Economy
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Exxon Mobil Profits Fall 58 Percent
US
businesses offshore 22,000 green jobs to India
US factory output continues fall
Companies Fear Repeat Of 'SARS Effect'
With Flu The 2003 SARS outbreak
caused fewer than 800 deaths but cost
global businesses more than $30 billion.
Now, there are concerns that the
outbreak of swine flu could hit
businesses in the same way.
MasterCard stock slumps after revenue warning
Georgia leads the nation in bank failures
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Chrysler 'to file for bankruptcy'
Next economic crisis looms: Commercial
real estate defaults Two years after
fissures in the residential housing
market gave way to a national collapse
of home prices and sales, experts warn
that the the commercial real estate
market is next shoe to drop, bringing
more woes to the battered economy.
Thousands of commercial mortgages valued
at hundreds of billions of dollars are
approaching their renewal dates, and by
some estimates, two out of every three
no longer will meet the original loan
conditions and won't be able to be
refinanced.
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Iraq
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Map of Iraq |
Sniper downs 2 U.S. soldiers in Amara
Uniformed Iraqi kills US soldiers
Iranian jets 'hit' Iraqi Kurd areas Iranian
helicopters have attacked three Kurdish
villages in northern Iraq in an apparent
cross-border raid targeting Kurdish
separatists,
Thursday: 10 Iraqis Killed, 25 Wounded...Friday:
3 GIs, 10 Iraqis Killed; 13 Iraqis
Wounded...Saturday:
3 US Soldiers, 3 Iraqis Killed; 7 Iraqis
Wounded
Sunni fighters detained for past attacks
Iraqi and U.S. forces have arrested
three leading members of a Sunni militia
on suspicion of carrying out attacks --
including downing an American military
helicopter -- before they joined sides
with U.S.-led forces to fight the
insurgency, Iraqi officials said Sunday.
Iraqi Authorities: Ba'th, Al-Qaeda, Are
Responsible For Baghdad Bombings The
Iraqi authorities have accused the Ba'th
party and Al-Qaeda in the April 29
bombings in three marketplaces in the
Shi'ite Sadr City neighborhood in
Baghdad, in which some 50 were killed
and 100 wounded. Baghdad operational
command
Costs soar for Iraqi military training
Iraq is falling fall far behind schedule
in creating a system to maintain its own
military equipment, costing American
taxpayers hundreds of millions of
dollars, according to a new U.S. audit
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Middle
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Saudi Arabia: Call It 'Arabian' Gulf – Or We Won't Participate
In Islamic Solidarity Games; Iran: We Are Keeping 'Persian Gulf'
Name Saudi Arabia has made its participation in the Islamic
Solidarity Games conditional upon Iran using the term "Arabian
Gulf" instead of "Persian Gulf."
Cyberwar: Iranians and Others Outwit Net Censors
Computers are becoming more crucial in global conflicts, not
only in spying and military action, but also in determining
what information reaches people
Israel bombs Gaza smuggling tunnels
Pentagon chief to reassure Saudis on Iran outreach U.S.
Defense Secretary Robert Gates said on Sunday he would
reassure Saudi Arabia this week that the kingdom would not
suffer from Washington's efforts to improve its relations
with Iran.
Hizbullah leader Hassan Nasrallah has rejected the
accusations, while admitting that a Hizbullah member
Egyptian President Hossni Mubarak implicitly warned Iran and
Hezbollah that he will not allow nor tolerate any attempt to
tamper Egypt security. "After these powers and their
hirelings have encroached on Egypt's security and
sovereignty, I say clearly that I don't allow this and will
not tolerate
US to drop Israel lobbyist spy case Prosecutors are
dropping espionage charges against two former Aipac
officials.
Israeli Arabs held on 'bomb plot' Israeli police have
arrested seven Arab Israelis suspected of planning to carry
out bomb attacks and kidnap Israelis.
'IDF staged drills over Gibraltar, in preparation for Iran
strike'
IDF soldier stabbed in suspected terror attack
Gates: Persuasion better tack with Iran U.S. Defense
Secretary Robert Gates said Thursday that a military strike
on Iran's nuclear program would not stop that country from
pursuing the development of a nuclear weapon.
Iranian presidential candidate would work with US An
Iranian presidential candidate who is wanted by Interpol in
the 1994 bombing of a Jewish center in Argentina said Sunday
he is willing to cooperate with the U.S. on regional
security matters if elected.
Lieberman grilled over fraud suspicions Foreign Minister
interrogated for eight hours under warning for fourth time
since entering office.
Bahrain Announces Arrest of Terror Cell |
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Afghanistan
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Map of Afghanistan |
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Taliban In Afghanistan: We're Launching Military Operation To
Expel Foreigners
Soldiers killed in Afghan attack Assailants attack
military outpost, leaving five foreign soldiers dead
Bin Laden still alive, Obama suggests
Afghan rights chief fears vote fraud Ballots of Afghan
women in conservative districts are vulnerable to fraud in
August's presidential election, the country's top human
rights official said Sunday.
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Pakistan |
Map of Pakistan |
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Taliban behead two Pakistani officials in Swat
Pak to move 6,000 troops from Indian border: NYT The
troops were moved to the border after the Mumbai 26/11
terror attacks.
Pakistani army says about 100 insurgents stormed
the station in the strategically important northwestern
Mohmand region. Two soldiers and 16 militants are killed.
Peshawar: singer killed for 'TV sin' |
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Asia |
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Swine Flu: HK Quarantines Hundreds at Hotel
US praises Bangladesh 'freedoms' The Bangladeshi
government welcomes a US decision to remove it from a list
of countries that violate religious freedoms.
Ex-rebel: Tamil Tigers killing civilians Tamil Tiger
rebels massacred hundreds of civilians — including 200
people from one village — as they tried to flee the war zone
in Sri Lanka, a former rebel says.
US fails to remove Nepal Maoists from terror blacklist
In a major set back to Nepal's ruling Maoists' effort to
mainstream its party, the US administration has maintained
the ultra left group on its latest terror blacklist. The US
Department of States 2008 country reports, released in
Washington on Thursday, said. |
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Europe |
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17 killed, 10 wounded in school shooting in Baku
Bankers made 'astonishing mess' Bankers made an
"astonishing mess" of the financial system and the effects
will be felt for generations, MPs say
Italy releases Palestinian hijacker Youssef al-Molqui
served 24 years for 1985 murder of elderly US Jew during 'Achille
Lauro' hijacking.
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Africa |
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French forces grab 3 Somali pirates in
Seychelles French naval patrol
seized three Somali pirates in Seychelles' waters on
Saturday and handed them over to the coastguard, the
islands' president's office said
Somali pirates seize Greek ship
Somali pirates: Foreign fishing drove us to raids
Their exploits have turned the inky-blue waters of the
Indian Ocean into a perilous gantlet for ships and an
unlikely security challenge for world leaders. But
behind the bare brick walls of a desolate former British
colonial prison, five jailed Somali pirates didn't seem
very fearsome at all.
Kenyan women: Make war? No sex Thousands of Kenyan
women vowed Wednesday to begin a weeklong sex strike to
try to protest their country's bickering leadership
Russian destroyer captures 29 Somali pirates |
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The Americas
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Mexico Increases Swine Flu Alert: Suspends Private Business
Activity, Nonessential Federal Government Activities
Mexico says H1N1 is stabilising
Brazil clears Indian reservation
Morales nationalises fuel supplier Bolivia's
president has brought the local unit of British aviation
fuel supplier Air BP under state control.
Canada: 1st pigs found with new swine flu virus Pigs
on a Canadian farm have been infected with the new swine
flu virus -- apparently by a farm worker back from
Mexico -- and are under quarantine, officials said
Saturday. It is the first known case of pigs having the
virus.
Motive sought for Morales' order to kill Airlifted
in from Bolivia's western highlands, some two dozen
elite officers in green helmets and flak jackets entered
the Las Americas Hotel just before 4 a.m., disabled its
surveillance cameras and stealthily made for the fourth
floor.
Breaking the Taboo: Latin American Leaders Release
Report Calling for Global “Paradigm Shift” in Drug
Policy |
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