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World News - Landmark Nepal king plans delayed
Political parties in Nepal have postponed landmark plans to curtail the powers of King Gyanendra, including taking away his control of the army. MPs had been due to discuss the issue on Monday but will now do so later this week, the government says. The proclamation is expected to override the 1990 constitution, which handed most power to parliament but kept the monarchy involved in politics. Meanwhile, royalist ex-ministers are being blamed for a budget shortfall. Addressing the newly-recalled parliament, Finance Minister Ram Sharan Mahat said increased palace and security spending were responsible for the shortfall of more than $100m in the current financial year. ...
http://news.bbc.co.uk

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Editor - 12:32:00 05-15-06
 
2 U.S. Soldiers Killed In Downing Of Chopper
Insurgents shot down a U.S. helicopter south of Baghdad and killed two soldiers, the U.S. military said Monday. Their deaths, along with those of three other soldiers and two Marines, brought the weekend toll to seven U.S. service members.The helicopter attack occurred Sunday during fighting in Youssifiyah, 12 miles south of the Iraqi capital, the military said in a brief statement.It was the second helicopter shot down in the past six weeks over that area, known as the "Triangle of Death" because of the large number of insurgent attacks. An Apache helicopter went down there on April 1.The two U.S. Marines died Sunday during unspecified "enemy action" in Anbar Province, the area of western Iraq that is the heart of the Sunni-led insurgency, the U.S. command said. Two U.S. Army soldiers also died Sunday in a roadside bombing in Baghdad. ...
http://www.nbc30.com/news/9214930/detail.html

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Editor - 12:28:00 05-15-06
 
Justices Block Ohio Taxpayers' Lawsuit
Taxpayers have no right to challenge nearly $300 million in tax breaks that Ohio's elected officials used to entice DaimlerChrysler Corp. to build a new plant in Toledo, the Supreme Court ruled unanimously Monday. By ruling that the taxpayers had no right to sue, the justices avoided deciding whether tax incentive programs are constitutional. The high court's decision could have had a significant impact nationally because nearly every state uses billions of dollars in tax breaks to attract companies. Two years ago, the 6th U.S. Circuit Court of Appeals struck down Ohio's tax credit on new equipment, saying the practice hinders interstate commerce because the incentives are available only to businesses that invest in Ohio. ...
http://www.guardian.co.uk/worldlatest/story/0,,-5823012,00.html

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Editor - 12:24:00 05-15-06
 
THE PRIVATIZATION OF WAR Blackwater Fights on the Home Front
The American security company Blackwater dreamed of privatizing war. But then, four of its employees were killed in Fallujah and their corpses hung from a bridge. Now, a trial in the US will decide on the company's future. The Blackwater security consulting firm in North Carolina likes to think of itself as the future of war. Only recently, the company announced it would soon be dispatching a whole brigade of soldiers to the world's battlefields. Whether on behalf of governments, the EU or NATO, the firm feels equally comfortable assuming the role of pacifying an Iraqi town or the Darfur region. A peace-keeping company, complete with its own medical service and troop logistics. Faster, cheaper and not one iota less professional than governmental armed forces, so the company's management says....
http://service.spiegel.de/cache/international/0,1518,415760,00.html

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Editor - 12:17:00 05-15-06
 
Concerns over EU carbon trading
The European Commission has questioned the effectiveness of the EU's emissions trading scheme, the cornerstone of its climate change policy. Under the scheme, governments set quotas for the carbon dioxide emissions produced by 9,400 large factories and power stations in 21 member states. Carbon permits are issued to give firms a financial incentive to invest in clean technology and cut emissions. But the commission's report showed that states have issued too many permits. The permits effectively make the right to pollute a tradeable commodity - giving companies the ability to buy and sell permission to emit extra carbon dioxide. Emissions of carbon dioxide - a greenhouse gas - are widely thought to be a key factor in global warming, increasing atmospheric temperatures around the world. ...
http://news.bbc.co.uk/2/hi/business/4771871.stm

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Editor - 11:52:00 05-15-06
 
EU to barter for civilian Iran nuclear programme
The European Union will propose a "bold package" of incentives to Iran, including possible security guarantees, if Tehran can ensure that its nuclear programme is not used to produce weapons, the EU foreign-policy chief, Javier Solana, said today."We have said over and over again that we think a diplomatic solution is a good way, and we are going to continue on that line and ... we are going to prepare a very serious package that will make it difficult for them to say no," Mr Solana said ahead of a meeting of EU foreign ministers. The proposals will be put together despite an announcement last night by Iran's president, Mahmoud Ahmadinejad, that any economic and political incentive package would be rejected if it required Tehran to stop enriching uranium. Uranium enrichment can be a first step towards a nuclear weapons programme.Insisting that only Iran has the authority to make decisions about its nuclear program, ...
http://www.guardian.co.uk/iran/story/0,,1775424,00.html?gusrc=rss

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Editor - 11:49:00 05-15-06
 

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17 Five Indonesians die of bird ..
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13 Police hurt in barrier clash ..
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13 Son of top Iraqi judge killed..
13 Iran's nuclear ambitions over..
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12 Hayden runs into senator seek..
12 Scores die in Nigeria fuel bl..
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