Must-Reads from Around the World

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Khurshed Rinku/AP

Relatives of garment factory workers killed in a fire cry as they come to collect bodies from a mortuary in Dhaka, Bangladesh, Sunday, Nov. 25, 2012.

Global Manufacturing Safety – A New York Times report on a fire in a Bangladesh factory found glaring safety gaps in the supply chain of Western brands, including Walmart. In total, 112 workers were killed in a blaze after managers warned staff that the fire alarm was just a drill. Walmart claimed that the company was unaware that the factory was making their clothing, which begs a larger question about accountability in the global marketplace. The lengthy report includes interviews from survivors, families of the deceased, local fire officials, garment factory owners and others. The Associated Press also reports that this factory lost its fire safety certification in June, five months before the blaze.

Thailand’s Ex-PM — Thailand’s former Prime Minister Abhisit Vejjajiva faces murder charges for his handling of the 2010 demonstrations calling for an election, reports Bloomberg. According to the Department of Special Investigation, prosecutors and police, Abhisit and ex-Deputy Prime Minister Suthep Thaugsuban allegedly authorized the military to use weapons to clamp down on protestors — more than 90 of whom died in the protests. Abhisit’s opposition Democratic Party said the charges are politically motivated.

Plummeting Pirates — Somali pirate attacks plummeted in 2012, reports VOA News. This year, the European Union Naval Force Somalia reported 34 pirate attacks, compared to 176 in 2011. Tighter security measures by ships, multinational naval efforts by NATO and E.U. naval forces and developments on land in the eastern African nation have led to the dramatic drop in pirate attacks, writes VOA.

Migrants in Greece — Reuters notes that “migrants have become among the biggest and most defenseless victims of Greece’s economic crisis, facing racist attacks, police apathy and a system that punishes them rather than their assailants.” This week, the U.N. Special Rapporteur on migrants’ rights also criticized Athens for doing little to stop racist attacks. Greece, a gateway for African and Asian immigrants trying to enter Europe, has often struggled with illegal immigration, but the economic crisis has hardened attitudes towards migrants.

Clinton in Belfast – U.S. Secretary of State Hillary Clinton arrived in Northern Ireland Friday as detectives began questioning four suspects after the discovery of a car bomb in Derry, the Guardian reports. The visit comes after East Belfast’s Alliance Party MP Naomi Long received a death threat for her opposition to recent loyalist riots. Clinton and her husband, former President Bill Clinton, helped bring international support to Ireland’s peace process throughout the 1990s, the Guardian adds, and this marks her eighth visit.

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famulla5
famulla5

Two things we have to bear in min d UK EURO if these ar4 fixed then there is a chance UK may come but USA has problems too 08/12/2012 At a press conference today, House Speaker John Boehner (R-OH) said there is no progress to report on fiscal cliff talks, in light of the White House’s refusal to respond to Republicans’ balanced approach to avert the fiscal cliff, or to offer a plan of their own that can pass both houses of Congress. Following are Speaker Boehner’s remarks: “Well this isn’t a progress report, because there’s no progress to report. When it comes to the fiscal cliff that is threatening our economy and threatening jobs, the White House has wasted another week. “You know, eight days ago, Secretary Geithner came here to offer a plan that had twice the tax hikes that the president campaigned on. It had more 'stimulus' spending than it had in cuts. And an…infinite increase in the debt limit, like forever. “Four days ago, we offered a serious proposal, based on testimony of President Clinton’s former chief of staff. Since then there has been no counteroffer from the White House. Instead, reports indicate that the president has adopted ‘a deliberate strategy to slow-walk’ our economy right ‘to the edge of the fiscal cliff.’ “Instead of reforming the tax code and cutting spending, the president wants to raise tax rates. But even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see I thank you Firozali A.Mulla DBAA European Central Bank (ECB) policymaker said on Friday the bank had had a "very serious" debate about cutting interest rates this week and that a cut was possible next year if the euro zone economy does not pick up. The German and Austrian central banks separately suggested such a pick-up is unlikely, forecasting scant growth in their economies in 2013. The ECB kept interest rates on hold on Thursday, but governing council members held "a wide discussion" about cutting interest rates from their current record low of 0.75%. Jozef Makuch, one of the council members, used the term "very serious" on Friday to describe the debate. "If the situation does not improve , and there is relatively a small chance there will be a significant improvement, it is possible to expect a move in interest rates next year," said Makuch, who is also the governor of Slovakia's central bank. . One who condones evils is just as guilty as the one who perpetrates it. -Martin Luther King Jr., civil-rights leader (1929-1968) I thank you Firozali A.Mulla DBA