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| Pakistan Taliban say they carried out CIA attack MIR ALI, Pakistan (AP) -- The Pakistani Taliban claimed Friday that they used a turncoat CIA operative to carry out a suicide bombing that killed seven American CIA employees in Afghanistan as revenge for a top militant leader's death in a U.S. missile strike.... hosted.ap.org |
'CIA bomber' shown vowing revenge Video of a suicide bomber who killed CIA agents in Afghanistan shows him vowing revenge for a Pakistani Taliban chief's death. news.bbc.co.uk |
Views of Obama What the world thinks of Barack Obama's first year news.bbc.co.uk |
Tide Celebrates Diverse Style - Video “Style is an Option. Clean is Not” emphasizes the importance of clean clothes when it comes to style feedproxy.google.com |
Davos 2010: Barclays' Bob Diamond attacks Obama's banking plans Speaking on the opening day of the World Economic Forum in Davos, Diamond said the growth in 'large, integrated, universal banks' had been a response to market forcesBarclays' president, Bob Diamond, warned today that Barack Obama's plans to limit the size of banks would hit jobs, growth and global trade.Speaking on the opening day of the World Economic Forum in Davos, Diamond said the growth in "large, integrated, universal banks" had been a response to market forces in the post-communist world."They [the big banks] fulfilled an important function in helping governments and corporates to transfer risk, particularly across borders," Diamond added."Did banks get big because they wanted to or were they following their clients, their customers and the markets? Was it for an economic purpose?"Finding a way of preventing a re-run of the 2007 financial crisis is a key theme of this year's Davos forum and has been given added impetus by last week's White House announcement that the US would put restrictions on the size and the activities of Wall Street banks.Diamond said there had been the failure of a "couple of banks" caused by poor regulation and ineffective management, particularly around management of risk."I have seen no evidence that suggests shrinking banks and making them smaller and more narrow is the issue."He said it was up to the G20 group of developed and developing nations to establish "an effective regulatory framework to have better managed, integrated, universal banks". Isolated actions by individual governments were not "beneficial" and international co-operation was vital if banks with global operations were to be regulated effectively.A new era of "narrow" banks would be harmful, Diamond said. "The impact on jobs, global trade and the global economy would be very negative."DavosBankingBob DiamondBarclaysObama administrationLarry Elliottguardian.co.uk © Guardian News & Media Limited 2010 | Use of this content is subject to our Terms & Conditions | More Feeds guardian.co.uk |