The chairman of Ferrari - one of Italy's most prominent businessmen - has urged Prime Minister Silvio Berlusconi to resign so that the country can deal with its debt crisis. Luca Cordero di Montezemolo said Italy had reached "the point of no return". He called for a "government of national salvation...

Libyan Rebel gets ass kicked with words! [English] George Galloway

Post colonial slave mentality runs deep ..

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'Libyans don't like people with dark skin, but some are innocent' Any black African can expect arrest without proof he was not part of Gaddafi's forces. Patrick Cockburn reports from Tripoli Yassin Bahr, a tall thin Senegalese in torn blue jeans, volubly denies that he was ever a mercenary or fought...

Libya's transitional National Council (TNC) suffered a setback in its pursuit of legitimacy yesterday when the African Union (AU) refused to recognise it as being the country's legitimate government. The TNC has been recognised by more than 40 countries, including some African states, but divisions ...

The Organization of Petroleum Exporting Countries, a notoriously conservative organization, has stated that Venezuela has world’s largest oil reserves, even exceeding those of OPEC’s top producer, Saudi Arabia. Oil production in Venezuela is under the control of the state-owned Petróleos de Venezuel...

(Reuters) - Iran has cut back or even stopped its funding of Hamas after the Islamist movement, which rules the Gaza Strip, failed to show public support for Syrian President Bashar al-Assad, diplomats said Sunday. Hamas has denied that it is in financial crisis but says it faces liquidity problems ...

* Shares of European oil firms with Libya presence rise * U.S. firms said to be on standby mode * Qatar, Vitol seen competing for big roles * Rebels say could have problems with Russia, China, Brazil (Adds rebel comments, details) By Svetlana Kovalyova and Emma Farge MILAN/LONDON, Aug 22 (Reuters) -...

this is my favourite film...so very interesting..

Hugo Chavez Demands 99 Tons of Venezuelan Gold Returned From the Bank of England/ JP Morgue http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2011/08/CME%20Gold%208.17.jpg We just reported that Hugo Chavez has nationalized the entire Venezuelan gold industry this afternoon. Well, H...

Ratings agency Moody's warned on Monday that the chances of a default by Greece was "virtually 100%" and could undermine confidence in other countries in the eurozone. The warning came as the cost of borrowing for Italy and Spain rose amid fears that Slovakia could lead a revolt against the EU's Gre...