World News Flash
21/10/2013 19:00
· The conscience of the French shattered when heard about the US epesionage of phone calls of the French leaders. The French government has protested and going to decide the latest action to be taken soon. The NSA was alleged to have peeped into every national leader in the world including their friendly allies; Damage to the US diplomacy.
· Sailor in the US detained ship by the Indian coast guards attempted to commit suicide. This may cause ripples in the diplomatic relation between India and the US.
· Looting is nothing less in the cities but when it comes from the security forces its importance and the news value increase. The Kenyan forces caught in the CCTV camera looting the public.
· Ailing Japan’s economy faces problems again as the country posted 15 month steady loss in the trade. The trade deficit goes on besides all attempts by the government to contain it.
· Russia has failed to explain reason for its alleged keeping key files secret when it investigated the 1940 Katyn massacre of more than 20,000 Polish war prisoners by the Soviet secret police. In 1990 the Russian authorities admitted the event. Now, the European court criticized the Russian authorities for keeping the enquiry report secret.
· Mexico criticized the US spying on its former head of the nation. Ex-President Felipe Calderon's emails were allegedly hacked in 2010. It seems there is no countries left which was not spied by the US agency.
· Tea Party, the Republican faction that fought the government during debt ceiling talks came under the criticism of the former US Federal Reserve Chairman Alan Greenspan.He criticized them for being mean to the nation when it was under crisis. A political Union than a cultural union of the Europe can consolidate to save the world from crisis was his solution to see the other end of economic crisis.
· The sale of securities based on home loans by JP Morgan which led to the near-collapse of the banking system in 2007 cost them 13 bn fine.