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NutraSweet to Stop Making Aspartame
2014-09-24, ABC News/Associated Press
http://abcnews.go.com/Business/wireStory/nutrasweet-stop-making-aspartame-257...

NutraSweet says it will no longer make the artificial sweetener aspartame as a result of foreign competition. The privately held company said Wednesday it expects to shut down a major portion of a plant that employs about 210 workers, including contractors, by year-end as a result. That will leave it with only about 10 to 20 employees to focus on its two other smaller sweeteners, the company said. "Low-cost imports now dominate the aspartame market, making it impossible for us to sustain a profitable business while maintaining our unmatched standard of quality," NutraSweet CEO William DeFer said in a statement. Aspartame is more commonly known as the ingredient used in Equal, the blue packets of sweetener often found on tables at restaurants. NutraSweet spokesman Hud Englehart said the company started facing competition as a supplier of aspartame once its patents on the artificial sweetener expired.

Note: This article fails to mention anything about the serious risks and dangers of aspartame which have been exposed by top doctors and scientists. See the powerful documentary "Sweet Misery" on this which has saved many lives. For more on health corruption and manipulation, see concise summaries of deeply revealing health news articles from reliable major media sources.


Media Should Be Challenging Arguments for War, Not Baying for Blood
2014-09-04, The Intercept
https://firstlook.org/theintercept/2014/09/04/media-challenging-arguments-war...

Washingtons elite media, as usual, ... are baying for war. They are ... essentially demanding a major military assault [on ISIS]. Watching post-invasion reality in the region should have made it clear to anyone paying any attention at all that ... military action kills not just enemies but innocent civilians, creates refugee crises, ... further destabilizes entire regions, and alters the future in unanticipated and sometimes disastrous ways. In a nation that considers itself peaceful and civilized, the case for military action should be overwhelmingly stronger than the case against. It must face, and survive, aggressive questioning. There is no reason to expect that kind of pushback from within Congress leading figures ... are falling into line with the hawkish consensus for some sort of action. And Vice President Joe Biden [said on September 3] that the U.S. will follow ISIS to the gates of hell. In the absence of a coherent opposition party or movement, its the Fourth Estates duty to ask those questions, and demand not just answers, but evidence to back up those answers. [In an interview,] Paul R. Pillar, formerly the CIAs top Middle East analyst, ... marveled at the kind of mass emotional phenomenon based in part on the recent barbaric beheadings of captured free-lance journalists and the scary maps that make it seem like ISIS is about to take Baghdad. But, he said, the press is getting excited in a way that I think has been blown well out of proportion. Have we considered whether part of the groups purpose is to provoke more U.S. intervention?

Note: For more on this, see concise summaries of deeply revealing major media corruption news articles from reliable major media sources.


Double mastectomy may not be best choice for survival, study says
2014-09-02, San Francisco Chronicle (SF's leading newspaper)
http://www.sfgate.com/health/article/Study-Double-mastectomy-may-not-be-best-...

Women diagnosed with early-stage cancer in one breast are increasingly choosing to have both breasts removed to reduce their chances of getting cancer again, but they'll likely have no better chance at long-term survival than those who had a far less invasive lumpectomy followed by radiation, researchers said [on September 2]. Researchers at Stanford University and the Cancer Prevention Institute of California in Fremont reached the conclusion after taking the largest and perhaps most comprehensive look at the survival rates for the most common surgical choices for early-stage breast cancer: double mastectomy, a single mastectomy and lumpectomy followed by radiation. "We thought we'd maybe see some survival benefit with bilateral mastectomy, particularly in younger women," said Dr. Allison Kurian, assistant professor of health research and policy at Stanford and lead author of the study. "We looked and looked, and saw no difference there." For their study, the researchers relied on data from the California Cancer Registry, which involved nearly 190,000 cases or virtually every woman in California diagnosed with one cancerous tumor in a single breast between 1998 and 2011. More than half were treated with lumpectomies, which involve removing just the tumor and surrounding tissue. The study showed the rate of bilateral mastectomies rose from 2 percent of all patients in 1998 to 12.3 percent in 2011, an increase most pronounced in younger white women. In that group, the percentage of patients younger than 40 choosing to have both breasts removed skyrocketed from 3.6 percent in 1998 to 33 percent in 2011.

Note: For more on this, see concise summaries of deeply revealing health news articles from reliable major media sources.


Researchers Develop Transparent Solar Concentrator That Could Cover Windows, Electronics
2014-08-24, Huffington Post
http://www.huffingtonpost.com/2014/08/24/transparent-solar-concentrator_n_570...

Scientists at Michigan State University announced this week the creation of a transparent luminescent solar concentrator that could turn windows and even cellphone screens into solar-power generators. The material works by absorbing light in the invisible spectrum (ultraviolet and near infrared) and then re-emitting it in the infrared. The infrared light is then channeled to the edge of the clear surface, where thin strips of photovoltaic cells generate the power. Because we cannot see infrared or ultraviolet light, the material remains transparent even while concentrating sunlight. Previous luminescent solar concentrators have been developed, but they emitted light in the visible spectrum, creating a stained-glass effect. No one wants to sit behind colored glass, Richard Lunt, who leads the lab researching this new technology, said. The new technology is promising, but needs to be made more efficient. Researchers say that the solar conversion efficiency is around one percent. Ideally, this could be increased to more than five percent. Luminescent solar concentrators are less efficient than traditional photovoltaics, which absorb a larger range of wavelengths, but they could allow energy harvesting on surfaces that would otherwise never be used to generate power. The transparent technology could be used in a variety of applications, Lunt said, and its affordability means it has the potential for eventual commercial or industrial use. Ultimately we want to make solar harvesting surfaces that you do not even know are there, he said. The researchers' findings were published in the journal Advanced Optical Materials in July.

Note: Why isn't the major media reporting this exciting development? For more on this, see concise summaries of deeply revealing new energy inventions news articles from reliable major media sources. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Microsoft Admits Keeping $92 Billion Offshore to Avoid Paying $29 Billion in U.S. Taxes
2014-08-22, International Business Times
http://www.ibtimes.com/microsoft-admits-keeping-92-billion-offshore-avoid-pay...

Microsoft Corp. is currently sitting on almost $29.6 billion it would owe in U.S. taxes if it repatriated the $92.9 billion of earnings it is keeping offshore, according to disclosures in the companys most recent annual filings with the Securities and Exchange Commission. The company says it has "not provided deferred U.S. income taxes" because it says the earnings were generated from its "non-U.S. subsidiaries and then "reinvested outside the U.S. Tax experts, however, say that details of the filing suggest the company is using tax shelters to dodge the taxes it owes as a company domiciled in the United States. The disclosure in Microsofts SEC filing lands amid an intensifying debate over the fairness of U.S.-based multinational corporations using offshore subsidiaries and so-called "inversions" to avoid paying American taxes. Such maneuvers -- although often legal -- threaten to significantly reduce U.S. corporate tax receipts during an era marked by government budget deficits.

Note: For more on this, see concise summaries of deeply revealing corporate corruption news articles from reliable major media sources.


SNAPs clergy abuse victims mark 25 years and eye new targets
2014-07-29, Washington Post
http://www.washingtonpost.com/national/religion/snaps-clergy-abuse-victims-ma...

When victims of sexual abuse by Catholic priests first organized into a small band of volunteer activists in the late 1980s, reports of clergy molesting children were still new and relatively few. Today, as the Survivors Network of those Abused by Priests, or SNAP, marks its 25th anniversary at a conference in Chicago (Aug. 1-3), its members can take satisfaction in seeing that its claims have been validated, and a few (though hardly all) of its recommendations have been implemented by the church hierarchy. SNAPs advocacy on the Catholic scandal also helped push the reality of sexual abuse into the public consciousness to the point that victims can regularly win in courts and get a hearing in the media, and they are much more likely to come forward to tell their stories, whether they were abused by clergy or by athletic coaches or Boy Scout leaders. Yet that success is also presenting SNAP with a daunting new challenge as it looks to the future: how to respond to a flood of new inquiries from victims from other faiths and institutions, and how to push for changes beyond the familiar precincts of the Catholic Church. We are continuing to grow, and more of the growth is coming overseas and in non-Catholic institutional abuse, mostly religious institutions but a surprising number of secular ones as well, said David Clohessy, SNAPs national director. The appeals for help from SNAP have increased so much from students abused by teachers to victims of former Penn State football coach Jerry Sandusky that SNAP has set up chapters specifically for victims from non-Catholic churches and for those who were abused in the Boy Scouts.

Note: For more on this, see concise summaries of deeply revealing sexual abuse scandals news articles from reliable major media sources.


Pope Francis begs forgiveness for Church sex abuses
2014-07-07, BBC News
http://www.bbc.com/news/world-europe-28189906

Pope Francis has begged forgiveness from the victims of sexual abuse by priests, at his first meeting with the victims since his election. He condemned the Church's "complicity" in hiding the abuse and said it must "weep and make reparation" for the "grave crimes" committed by clerics. He met the six victims, two each from Ireland, Britain and Germany. At a press conference ... Vatican spokesman Federico Lombardi said Pope Francis had spent half an hour with each of the victims who visited him. The Pope said the abuses had been "camouflaged with a complicity that cannot be explained". He added: "I beg your forgiveness, too, for the sins of omission on the part of Church leaders who did not respond adequately." Pope Francis' heartfelt and humble apology on behalf of his church to six European victims of sexual abuse by Catholic clerics may go some way towards meeting criticism by victims' associations in many countries that he had failed to address adequately the scandal that predator priests have caused. Many survivors of abuse by priests are also angry at what they see as the Vatican's failure to punish senior officials who have been accused of covering up scandals.

Note: If you want to know more about cults involved in sexual abuse, read a professor's speech and a survivor's account.


Tenacious gardeners put down roots in 'America's most desperate town'
2014-06-25, Christian Science Monitor
http://www.csmonitor.com/World/Making-a-difference/Change-Agent/2014/0625/Ten...

Pedro Rodriguezs [chicken] coop occupies one corner of a vacant-lot-turned-garden in Camden, New Jersey. Its an oasis of abundance and order in a city of abandoned buildings, street trash, and drug deals that few attempt to hide. Rodriguez, 50, grew up down the street. Near the chickens, he has planted neat raised beds of corn, tomatoes, cabbage, kale, asparagus, eggplant, onion, 20 varieties of hot peppers, and broccoli. Fruit trees (cherry, apple, peach, and pear) line the perimeter of the lot, as well as two beehives. Hes considering getting a goat. In September of 2013, the last centrally located grocery store [in Camden] closed its doors. The city needs fresh food, and residents are doing what it takes to grow it. The success of community gardens is thanks in large part to the Camden City Garden Club, which has been supporting the citys gardens with organizing power, education, materials, and food distribution since 1985. The clubs founder and executive director, Mike Devlin, [built] an organization whose programs now include the Camden Childrens Garden on the waterfront; Camden Grows, a program that trains new gardeners; a Food Security Council, which was soon adopted by the city; the Fresh Mobile Market, a truck that sells fresh produce in the neighborhoods and provides a place for residents to barter their surplus vegetables; a youth employment and training program that has lasted nearly two decades; and Grow Labs, a school program to teach kids about healthy foodin addition to supporting the growing network of community gardens.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


How to build peace, one teenager at a time
2014-06-17, Christian Science Monitor
http://www.csmonitor.com/Commentary/Common-Ground/2014/0617/How-to-build-peac...

At Seeds of Peace, we bring kids from conflict zones together to learn to see each other and their differences in a new light. Now, our first generation of alumni are emerging as leaders. Case studies of conflict areas, including Northern Ireland and South Africa, have shown that progress toward peace does not typically result from one action or initiative; rather it is many activities on many levels that ultimately bring about change. In each case, strong leaders working across sectors have helped take incremental steps toward change even during the most difficult times. Our 5,061 graduates are positioned to play just that role. A team of our graduates in Pakistan and India has set out to change the way that people living in conflict learn history. During their Seeds of Peace dialogue encounters, they realized that they were being taught wildly different versions of the same shared historical events. This inspired them to create a textbook that, for the first time, juxtaposes their countries’ competing historical narratives. They have since led workshops for more than 600 Indian and Pakistani students, and their online curriculum has received more than 1 million views. Young leaders like these directly link what they do in their personal and professional lives to their experiences with Seeds of Peace: engaging with the “Other,” recognizing their leadership potential, and gaining a commitment to peace at a young age.

Note: The complete article above contains several inspiring stories about Seeds of Peace's incredible programs.


Edward Snowden responds to release of e-mail by U.S. officials
2014-05-29, Washington Post
http://www.washingtonpost.com/world/national-security/edward-snowden-responds...

Former intelligence contractor Edward Snowden responded to questions from The Washington Post following the release of an e-mail he had sent while working for the National Security Agency. Q: How do you respond to todays NSA statement and the release of your email with the Office of General Counsel? A: The NSAs new discovery of written contact between me and its lawyers - after more than a year of denying any such contact existed - raises serious concerns. It reveals as false the NSAs claim ... that after extensive investigation, including interviews with his former NSA supervisors and co-workers, we have not found any evidence to support Mr. Snowdens contention that he brought these matters to anyones attention. Todays release is incomplete, and does not include my correspondence with the Signals Intelligence Directorates Office of Compliance. [But] whether my disclosures were justified does not depend on whether I raised these concerns previously. Thats because the system is designed to ensure that even the most valid concerns are suppressed and ignored, not acted upon. The fact that two powerful Democratic Senators - Ron Wyden and Mark Udall - knew of mass surveillance that they believed was abusive and felt constrained [not] to do anything about it underscores how futile such internal action is -- and will remain -- until these processes are reformed. Still, the fact is that I did raise such concerns both verbally and in writing, and on multiple, continuing occasions - as I have always said.

Note: For more on the Snowden case, see the deeply revealing reports from reliable major media sources available here.


Inclusive Capitalism Initiative is Trojan Horse to quell coming global revolt
2014-05-28, The Guardian (One of the UK's leading newspapers)
http://www.theguardian.com/environment/earth-insight/2014/may/28/inclusive-ca...

Yesterday's Conference on Inclusive Capitalism ... brought together the people who control a third of the world's liquid assets the most powerful financial and business elites to discuss the need for a more socially responsible form of capitalism that benefits everyone, not just a wealthy minority. Leading financiers referred to statistics on rising global inequalities and the role of banks and corporations in marginalising the majority while accelerating systemic financial risk vindicating the need for change. While the self-reflective recognition by global capitalism's leaders that business-as-usual cannot continue is welcome, sadly the event represented less a meaningful shift of direction than a ... transparent effort to rehabilitate a parasitical economic system on the brink of facing a global uprising. Central to the proceedings was an undercurrent of elite fear that the increasing disenfranchisement of the vast majority of the planetary population under decades of capitalist business-as-usual could well be its own undoing. The Conference on Inclusive Capitalism is the brainchild of the Henry Jackson Society (HJS), a little-known but influential British think tank with distinctly neoconservative and xenophobic leanings.

Note: For more on this, see concise summaries of deeply revealing income inequality news articles from reliable major media sources.


Minnesota teen's YouTube song strikes emotional, viral chord
2014-04-30, Minneapolis Star-Tribune
http://www.startribune.com/entertainment/music/257412031.html

An Austin teen is getting some big attention online for belting out an original song on YouTube. Molly Kate Kestner,18, posted a video on April 20 of herself singing "His Daughter." Since then, the song has garnered more than 1.3 million views (and climbing fast). Among those who have noticed: the Huffington Post and social media star George Takei shared the video on his Facebook page. Reached by phone ..., Mary Jane Kestner said her daughter was taking the sudden Internet fame in stride (but was exhausted from the attention and taking a nap). The Austin High School student is in the midst of graduating and also preparing to participate in the Distinguished Young Women of America scholarship program in a couple weeks (in Mobile, Alabama). She said her daughter hopes to record the song soon and release it on iTunes. Kestner said Molly hopes to one day be a motivational speaker, which is in line with the song's faith-centric vibe. "She's definitely more than just a pretty voice. The song is really showing something about her character," Mary Jane Kestner said. "She has a real interest in helping young girls discover their value."

Note: Don't miss this touching video about a father with a drinking problem who left his daughter and how it changed her life. For a treasure trove of great news articles which will inspire you to make a difference, click here.


Venezuela: A Call for Peace
2014-04-02, New York Times
http://www.nytimes.com/2014/04/02/opinion/venezuela-a-call-for-peace.html

Venezuelans ... have built a participatory democratic movement from the grass roots that has ensured that both power and resources are equitably distributed among our people. According to the United Nations, Venezuela has consistently reduced inequality: It now has the lowest income inequality in the region. We have reduced poverty enormously to 25.4 percent in 2012, on the World Banks data, from 49 percent in 1998; in the same period, according to government statistics, extreme poverty diminished to 6 percent from 21 percent. We have created flagship universal health care and education programs, free to our citizens nationwide. We have achieved these feats in large part by using revenue from Venezuelan oil. Since 1998, the movement founded by Hugo Chvez has won more than a dozen presidential, parliamentary and local elections through an electoral process that former American President Jimmy Carter has called the best in the world. Recently, the United Socialist Party received an overwhelming mandate in mayoral elections in December 2013, winning 255 out of 337 municipalities. Popular participation in politics in Venezuela has increased dramatically over the past decade. The claims that Venezuela has a deficient democracy and that current protests represent mainstream sentiment are belied by the facts. The antigovernment protests are being carried out by people in the wealthier segments of society who seek to reverse the gains of the democratic process that have benefited the vast majority of the people.

Note: This article was written by Nicols Maduro, the president of Venezuela. We have long observed a strong media bias against Venezuela. Thanks to the New York Times for finally printing an article in support of this country which, despite its problems, has made remarkable strides in recent years.


Fort Hood Soldier Charged in Prostitution Case
2014-03-08, ABC News/Associated Press
http://abcnews.go.com/US/wireStory/fort-hood-soldier-charged-prostitution-cas...

A Fort Hood sergeant who was a coordinator of the post's sexual assault and harassment prevention program faces multiple charges after he was accused of setting up a prostitution ring involving cash-strapped female soldiers. Sgt. 1st Class Gregory McQueen was charged [on March 7] with 21 counts related to pandering, conspiracy, maltreatment of a subordinate, abusive sexual contact, and adultery and conduct of a nature to bring discredit to the armed forces. The Fort Hood case and others like it have increased pressure on the Pentagon and Capitol Hill to confront sexual misconduct in the armed forces. The charges against McQueen came one day after the Senate rejected a bill that would have stripped military commanders of the authority to decide whether to prosecute serious crimes.

Note: Is it just a coincidence that the man in charge of prevention of sexual assault was running a prostitution ring, or is this possibly a common way the military keeps sexual abuse from being handled effectively? For more on sexual abuse scandals, see the deeply revealing reports from reliable major media sources available here.


Thyroid cancer overdiagnosed, many researchers say
2014-03-04, San Francisco Chronicle (SF's leading newspaper)
http://www.sfgate.com/health/article/Thyroid-cancer-overdiagnosed-many-resear...

It sounds counterintuitive: Researchers found rates of the most common type of thyroid cancer had tripled since the 1970s, but they weren't particularly alarmed. That's because they say the problem is rooted in the way we diagnose the disease rather than the cancer itself. In essence, technology is allowing us to find tiny tumors that may never even go on to cause symptoms, let alone death. The study ... found that despite the threefold increase from 1975 to 2009 in this particular form of thyroid cancer, mortality rates have remained unchanged. Add papillary thyroid cancer to the list of cancers that more and more researchers believe may [be] overdiagnosed because of overzealous screenings and advanced technologies. Other studies have suggested this problem may include such conditions as slow-growing prostate cancer and precancerous ductal carcinoma in situ, or DCIS, of the breast. The concern among the researchers is that treatment of these diseases may cause more patient harm than the disease itself. "In the last few years, the tide has turned. People are recognizing overdiagnosis more and more," said Dr. Louise Davies, the thyroid cancer study's author. The disease in the thyroid ... is often detected incidentally, meaning that it's discovered during a scan for something else or picked up during a routine exam. "The cancers that are picked up incidentally are not causing symptoms and are small. Those are the ones that are probably not going to be a problem," said Davies. "The risk of death from thyroid cancer is very, very small ... but it's not zero."

Note: For more on important health issues, see the deeply revealing reports from reliable major media sources available here.


Charity 'Store' For The Homeless Gives Customers So Much More Than Just Clothes
2014-01-15, Huffington Post
http://www.huffingtonpost.com/2014/01/15/charity-store-homeless_n_4604419.html

The Street Store isn't really a store, if a store requires money being exchanged -- or an actual building with walls. The Street Store, ... in Cape Town, is a charity pop-up "shop" consisting simply of cardboard posters, each hung with clothing items and accessories. Everything is free for the taking for the neighborhood's homeless. The clothing ... is all donated, and everything is up for grabs. There are assistants on site to help "customers" select items as they browse, and anything they choose to take will be wrapped up for them before they go. It's a true retail experience, with all the variety, leisure, freedom and dignity we love about shopping. And it's not only Cape Town's homeless population that can benefit. The beauty of The Street Store's concept is that it can be replicated anywhere. All you need to do is print out The Street Store artwork from the website to make your own posters, add your own logo and find a public space (along with proper approvals from local government). "We realized that homelessness and poverty isnt a uniquely Capetonian problem. It isnt even just a South African problem," [Kayli Levitan, one of the The Street Store organizers,] said. "It's world-wide." And now we all just have one more way -- one very easy way -- to help.

Note: Watch a great two-minute video on this inspiring movement. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


New analysis of rocket used in Syria chemical attack undercuts U.S. claims
2014-01-15, Miami Herald
http://www.miamiherald.com/2014/01/15/3873228/new-analysis-of-rocket-used-in....

A series of revelations about the rocket believed to have delivered poison sarin gas to a Damascus suburb last summer are challenging American intelligence assumptions about that attack and suggest that the case U.S. officials initially made for retaliatory military action was flawed. A team of security and arms experts, meeting this week in Washington to discuss the matter, has concluded that the range of the rocket that delivered sarin in the largest attack that night was too short for the device to have been fired from the Syrian government positions where the Obama administration insists they originated. The authors of a report released Wednesday said that their study of the rockets design, its likely payload and its possible trajectories show that it would have been impossible for the rocket to have been fired from inside areas controlled by the government of Syrian President Bashar Assad. In the report, titled Possible Implications of Faulty U.S. Technical Intelligence, Richard Lloyd, a former United Nations weapons inspector, and Theodore Postol, a professor of science, technology and national security policy at the Massachusetts Institute of Technology, argue that the question about the rockets range indicates a major weakness in the case for military action initially pressed by Obama administration officials. Postol said that a basic analysis of the weapon ... would have shown that it wasnt capable of flying the 6 miles from the center of the Syrian government-controlled part of Damascus to the point of impact in the suburbs, or even the 3.6 miles from the edges of government-controlled ground.

Note: For more on government lies designed to start wars, see the deeply revealing reports from reliable major media sources available here.


Glaxo Says It Will Stop Paying Doctors to Promote Drugs
2013-12-17, New York Times
http://www.nytimes.com/2013/12/17/business/glaxo-says-it-will-stop-paying-doc...

The British drug maker GlaxoSmithKline will no longer pay doctors to promote its products and will stop tying compensation of sales representatives to the number of prescriptions doctors write, its chief executive said ..., effectively ending two common industry practices that critics have long assailed as troublesome conflicts of interest. The announcement appears to be a first for a major drug company although others may be considering similar moves and it comes at a particularly sensitive time for Glaxo. It is the subject of a bribery investigation in China, where authorities contend the company funneled illegal payments to doctors and government officials in an effort to lift drug sales. For decades, pharmaceutical companies have paid doctors to speak on their behalf at conferences and other meetings of medical professionals, on the assumption that the doctors are most likely to value the advice of trusted peers. But the practice has also been criticized by those who question whether it unduly influences the information doctors give each other and can lead them to prescribe drugs inappropriately to patients. Under the plan, which Glaxo said would be completed worldwide by 2016, the company will no longer pay health care professionals to speak on its behalf about its products or the diseases they treat to audiences who can prescribe or influence prescribing. It will also stop providing financial support directly to doctors to attend medical conferences, a practice that is prohibited in the United States through an industry-imposed ethics code but that still occurs in other countries.

Note: For more on this, click here. For a treasure trove of great news articles which will inspire you to make a difference, click here.


Four Kaupthing bankers sentenced to prison for market abuses in 2008
2013-12-12, The Guardian (One of the UK's leading newspapers)
http://www.theguardian.com/business/2013/dec/12/kaupthing-bankers-prison-mark...

An Icelandic court has sentenced four former Kaupthing bankers to jail for market abuses related to a large stake taken in the bank by a Qatari sheikh just before it went under in late 2008. Weeks before the country's top three banks collapsed under huge debts as the global credit crunch struck, Kaupthing announced that Sheikh Mohammed bin Khalifa bin Hamad Al Thani had bought 5 of its shares in a confidence-boosting move. A parliamentary commission later said the shares had been bought with a loan from Kaupthing itself. A Reykjavik district court sentenced Hreidar Mar Sigurdsson, Kaupthing's former chief executive, to five and a half years in prison while former chairman Sigurdur Einarsson received a five-year sentence. Magnus Gudmundsson, former chief executive of Kaupthing Luxembourg, was given a three-year sentence and Olafur Olafsson the bank's second largest shareholder at the time received three and a half years. None of the bankers, now based in London and Luxembourg, were present [at the sentencing].

Note: Yet not a single executive of US or multinational banks has been jailed for funneling billions of dollars into their own pockets and crashing the entire global economy. For more on this, click here. For more on financial corruption, see the deeply revealing reports from reliable major media sources available here.


China rejects shipment of U.S. genetically modified corn
2013-12-02, Los Angeles Times
http://www.latimes.com/business/money/la-fi-mo-china-gmo-corn-shipment-reject...

China recently rejected a 60,000-ton shipment of American corn because it included unapproved genetically modified grain, the countrys food-quality watchdog said. The shipment was halted in the southern port city of Shenzhen, near Hong Kong, after it was discovered to contain MIR162, a special insect-resistant variety of maize developed by Syngenta, a Swiss maker of seeds and pesticides, according to Chinese state media. MIR162 is not on the Chinese government's short list of approved grains considered genetically modified organisms, or GMO. Still, Chinese consumers remain wary of GMO crops and some nationalist-leaning pundits have suggested the Western-dominated technology leaves Chinas food supply vulnerable. The U.S. is the worlds largest corn exporter and China is its No. 3 customer. The Asian nation is expected to buy a record 7 million tons of corn in the 2013-14 marketing year. Experts described the recent rejection of U.S. corn as probably an isolated incident and said China would continue with its buying binge.

Note: For more on the risks from genetically-modified organisms in food and the environment, see the deeply revealing reports from reliable major media sources available here.


Important Note: Explore our full index to revealing excerpts of key major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.