Home > News > News in Brief: 29 September 2008

News in Brief: 29 September 2008

A brief list of news for the day:

U.S. pact transforms India’s role in nuclear club. Regardless of whether the U.S. Senate grants its approval in the coming days, a controversial nuclear deal between the United States and India already has delivered what New Delhi considers the most important part. For the first time since India successfully tested nuclear weapons in 1974, the country is no longer seen as a nuclear outcast, banned from civilian nuclear trade because of its military program and its refusal to sign non-proliferation treaties. (Chicago Tribune)

France will launch nuke cooperation with India: Sarkozy. Even as the Indo-US nuclear deal is making its passage in the US Congress, French President Nicolas Sarkozy on Sunday made clear his country’s intention to forge ahead with the civil nuclear cooperation with India which will be sealed in an agreement he is signing with Prime Minister Manmohan Singh in Paris on Tuesday. (Times of India)

Chavez says Venezuela will develop nuclear power. President Hugo Chavez said on Sunday Venezuela will develop a nuclear reactor for peaceful purposes, in another challenge to Washington just days after Russia offered nuclear assistance to the socialist Latin American leader. (Today’s Zaman)

‘New’ Iran nuclear resolution affirms old sanctions. The United Nations Security Council on Saturday unanimously adopted a resolution again urging Iran to suspend its sensitive nuclear fuel work but offering no new sanctions and merely reaffirming existing ones. (The Daily Star)

Despite new UN resolution, Iran to continue uranium enrichment. Iran’s foreign ministry spokesman Hasan Qashqavi said in his weekly briefing Monday that uranium enrichment is Iran’s right and that it intends to continue to do so. (Haaretz)

Americans deploy anti-missile radar in Israel. The United States has recently deployed an anti-missile radar in Israel that is mainly to warn of incoming Iranian weapons, Israeli state radio reported Sunday. (The Daily Star)

Lawmakers, White House agree on $700 bn bailout. Congressional leaders and the White House agreed Sunday to a $700 billion rescue of the ailing financial industry after lawmakers insisted on sharing spending controls with the Bush administration. (Khaleej Times/AP)

We have the money. On Wednesday, September 24, right in the middle of the fight over billions of taxpayer dollars slated to bail out Wall Street, the House of Representatives passed a $612 billion defense authorization bill for 2009 without a murmur of public protest or any meaningful press comment at all. (Asia Times)

Governments rescue Fortis, but bank woes spread. European governments scrambled to shore up banks on Monday, carving up firms and committing billions of euros as the credit crisis tore through Germany, Britain, Belgium and beyond. (Globe and Mail/Reuters)

Britain nationalizes Bradford and Bingley. Britain nationalized Bradford & Bingley on Monday, making the buy-to-let mortgage lender the second U.K. bank to be taken into public ownership this year as a deepening financial crisis claims more victims around the world. (Globe and Mail/Reuters)

US Navy Warships Monitor Boat Hijacked by Somali Pirates. The U.S. Navy bolstered its force of warships off Somalia on Monday, intensifying its watch over Somali pirates holding a hijacked Ukrainian-operated vessel with crew members, arms and tanks aboard. (Washington Post)

Low-Profile U.N. Chief Struggles as Diplomatic Peacemaker. In the days after Georgian and Russian troops marched into the separatist province of South Ossetia, Secretary General Ban Ki-moon frantically telephoned key leaders and offered the United Nations’ diplomatic help in stemming further violence. But Russian President Dmitry Medvedev refused to take his calls for more than a week, say senior U.S. and U.N. officials. (Washington Post)

The tip of India’s terror iceberg. A wave of bomb blasts in four Indian cities over the past few months has drawn attention to a new, shadowy terror outfit which calls itself the Indian Mujahideen (IM). (Asiat Times)

LEBANON: At the Palestinian Camp, Bombing Is a Way of Life. A bomb blast at the Ain el-Helweh Palestinian refugee camp as this IPS correspondent was visiting, comes as yet another reminder of the precarious peace in these places. (IPS)

South Korea Seeks $90 Billion of Russian Natural Gas. South Korea plans to import $90 billion of natural gas from Russia via North Korea, with which it shares one of the world’s most heavily fortified borders, to reduce its reliance on more expensive cargoes arriving by sea. (Bloomberg)

IRAQ: The Biggest Hospitals Become Sick. Not even the elevators work now at Baghdad Medical City, built once as the centre for some of the best medical care. (IPS)

Austrians vote in parliamentary poll, big gains seen for far right. Austrians voted in an early parliamentary election on Sunday with the far right forecast to make big gains and the two mainstream parties virtually neck-and-neck. (Today’s Zaman)

Loyalists Sweep Vote in Belarus. Candidates loyal to Belarus’s authoritarian president, Aleksandr G. Lukashenko, headed for victory in all 110 parliamentary seats on Sunday in an election under scrutiny for signs that he was easing control over the country. (New York Times)

Japan’s new PM faces crisis within days of taking office. Taro Aso, Japan’s new prime minister, is facing his first political crisis just days into the job with the resignation of his transport minister following a ferocious verbal assault on the country’s teachers. (Guardian)

Pre-launch, successful space flight reported. China’s leading Xinhua news agency reported the successful flight of the Shenzhou VII hours before the nation’s third-ever manned space mission had even lifted off. (Times of India)

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