News for 2011-08-01

Monday, August 1, 2011
[field_image_caption-raw] Media Malpractice on Debt Ceiling
NEW YORK - There are specific patterns in corporate media coverage of political debates: Progressive ideas are generally marginalized. "Compromise" between the major parties is encouraged. Democrats should "move to the center," which in practical terms actually means moving to the right.
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[title] Sherry Wolf: Revolution in the Air
Tunisia's uprisings began in December, quickly leading to the fall of long-time dictator Zine El Abidine Ben Ali. Shortly thereafter, Egypt successfully rose up against Hosni Mubarak. The same day as Mubarak's resignation, now infamous Wisconsin Governor Scott Walker declared his legislative war on...
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[field_image_caption-raw] Union Demise Increases Wage Inequality
BOSTON -- The plunge in U.S. worker union members explains the increase in hourly wage inequality among women and men, a Harvard University researcher says. Study author Bruce Western, a professor of sociology at Harvard University in Boston says from 1973 to 2007, wage inequality in the private...
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[field_image_caption-raw] Egyptian Tanks Enter Tahrir Square
CAIRO - The Egyptian army deployed troops in Cairo's Tahrir Square on Monday and fired shots in the air to disperse remaining pro-democracy protesters. A few hundred demonstrators were staying put, state television reported, showing army vehicles in the square and people taking down tents and...
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[field_image_caption-raw] Insurance Industry Grapples With Impact Of Climate Change
As a surge in catastrophic weather events leads to billions of dollars in claims, climate change may pose the insurance industry’s biggest problem — and profit potential. An unusual onslaught of floods in Mississippi, tornadoes in the Midwest, drought and wildfires in Texas and earthquakes abroad...
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[field_image_caption-raw] Record High Radiation at Crippled Japan Nuke Plant
TOKYO — Tokyo Electric Power Co. (TEPCO) said Monday it had monitored record high radiation at the Fukushima Daiichi nuclear power plant crippled by the March 11 quake and tsunami. TEPCO said radiation levels reached at least 10 sieverts per hour near the debris left between the number one and...
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[field_image_caption-raw] Most Israeli Municipalities Declare General Strike in Solidarity with Housing Protests
Most municipal authorities have declared a one-day strike scheduled for Monday, in sympathy with popular protests spreading throughout Israel. Municipalities will not be giving services to government offices or holding public office hours today, streets will not be cleaned and garbage will not be...
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[field_image_caption-raw] BP 'Has Gained Stranglehold Over Iraq' After Oilfield Deal is Rewritten
BP has been accused of taking a "stranglehold" on the Iraqi economy after the Baghdad government agreed to pay the British firm even when oil is not being produced by the Rumaila field, confidential documents reveal. The original deal for operating Iraq's largest field – half as big as the entire...
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[title] Paul Krugman Slams Budget Deal: 'There's No Light at the End of This Tunnel'
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[field_image_caption-raw] Deadly Syrian Crackdown Continues
Syrian forces have killed nearly 142 people, including at least 100 when the army stormed the flashpoint protest city of Hama to crush dissent on the eve of Ramadan, political activists say. A witness in Deir ez-Zor told Al Jazeera that government forces launched fresh attacks on the town early on...
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[field_image_caption-raw] Debt Crisis: The Companies Now Worth More to Investors Than US Government
The royal borough of Kensington and Chelsea, a handful of big companies and a selection of countries including the UK and Australia will be regarded as a safer bet for international investors than the United States if the world's largest economy is stripped of its top notch rating, according to...
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[field_image_caption-raw] Progressives Complain Obama's Debt Deal 'Trades People's Livelihoods for the Votes of a Few Unappeasable Right-Wing Radicals'
WASHINGTON - “Given the choice between a Republican and someone who acts like a Republican, people will vote for the real Republican all the time,” said Harry Truman. If the thirty-third president was right, then Barack Obama just did himself and his party a world of hurt.
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