Today's Intel

Friday, Nov. 11, 2011

  

Today is Veterans Day, a time we honor the men and women who have sacrificed and served our country. There are a lot of ways you can pay tribute, whether that's attending a parade or memorial, flying a flag or simple taking time to reflect and appreciate the work of veterans and active military service members.

America's combat veterans say they want the nation they served to pause today, Veterans Day, to reflect on the heroes who walk among us and those for whom walking is no longer possible. They want us to remember the men and women that remain in harm's way, still on the field of battle.

BLOOMBERG

Republican presidential candidates want to repeal Congress's Dodd-Frank financial regulation overhaul to "protect the status quo" on Wall Street, said U.S. Senator Carl Levin of Michigan.

India's industrial production grew in September at the slowest pace in two years, hurt by record interest-rate increases and a faltering global recovery.

Bank Indonesia lowered the reference rate by half a percentage point to 6 percent, it said in a statement in Jakarta. The cut is the biggest since March 2009.

Spain's economy stalled in the third quarter, undermining the country's efforts to shield itself from the sovereign debt crisis after Spanish and Italian borrowing costs surged to records.

China's lending jumped by more than analysts forecast in October, signaling that the government may be loosening loan quotas to support growth in the world's second-biggest economy. Local-currency lending was $92.5 billion, the People's Bank of China said.

The ECB can stop the spread of the continent's financial crisis with "foreseeable, unlimited" purchases of Italian and other government bonds, Portuguese President Silva said.

Gold traders and analysts are the most bullish in at least seven years as investors accumulate metal at the fastest pace since August to protect their wealth from the European debt crisis.

The world's biggest drug makers are racing to market the first medicine to tap into a gene mutation that drops heart-attack risk by as much as 88 percent.

AP Top Stories

Herman Cain has hired a high-profile defamation lawyer to keep an eye on the sexual harassment accusations made public by two women this week.

Police are investigating a fatal shooting just outside the Occupy Oakland encampment in Northern California and the apparent suicide of a military veteran at an Occupy encampment in Vermont's largest city.

Republican presidential candidates Newt Gingrich and Rick Santorum participated in the Granite State Patriot's Constitutional Conversation Thursday night, where the two were not short on criticism of President Obama's interpretation of the constitution.

Nearly four in five Germans believe the euro will survive and more than half think Chancellor Angela Merkel is doing a good job of handling Europe's debt crisis, according to a poll.

Egypt's antiquities authority closed the largest of the Giza pyramids Friday following rumors that groups would try to hold spiritual ceremonies on the site at 11:11 A.M. on Nov. 11, 2011.

The Thomson Reuters/University of Michigan's preliminary reading on the overall index on consumer sentiment rose to 64.2 from 60.9 the month before, topping the median forecast of 61.5 among economists polled by Reuters.

BBC

Italy's senate backs austerity measures demanded by the EU, with the lower house to vote at the weekend before PM Silvio Berlusconi can resign.

Very low levels of radioactive particles have been detected in Europe, the UN nuclear agency is reported as saying, but pose no risk.

Defense Secretary Leon Panetta seeks to quash speculation of a military strike against Iran, saying it could have "unintended consequences".

Researchers from Imperial College London found that for every 10g a day increase in fiber intake, there was a 10% drop in the risk of bowel cancer.

At least 11 people are reported to have been killed in the Yemeni city of Taiz, in fighting between government forces and opposition fighters.

A US military court jails a 26-year-old American soldier for life for leading a rogue "kill team" that murdered three unarmed Afghan civilians for sport.

Leaders of Jefferson County, the largest county in the US state of Alabama, have voted to file for a $4.1bn bankruptcy, the costliest US municipal failure ever.

South Sudanese officials condemn Sudan after an aerial bombardment of a refugee camp in their territory.

WorldNetDaily

According to The Learning Channel, its coming new "All-American Muslim" program is a "powerful series" taking viewers "inside the rarely seen world of American Muslims." And it uncovers a "unique community struggling to balance faith and nationality." Critics, however, say it is nothing more or less than a video version of jihad.

Secretary of Defense Leon Panetta partnered with a group that promotes world government to co-chair an initiative to regulate U.S. oceans and cede them to United Nations-based international law, a new book [Red Army: The Radical Network that must be defeated to save America] reveals. Panetta also keynoted the conference of a pro-Soviet, anti-war group during the height of the Cold War, and has previous unexplained close ties to the Institute for Policy Studies, a pro-Marxist think tank accused of anti-CIA activity.

Detroit, which has one of the largest Muslim communities outside the Middle East, is reportedly bracing itself for a 24-hour prayer rally by a group that considers Islam among the ills facing the United States. Leaders of The Call believe a satanic spirit is shaping all parts of U.S. society, and it must be challenged through intensive Christian prayer and fasting.

The home base for Occupy Atlanta, has tested positive for drug-resistant tuberculosis.

As pressure grows for Germany to tap its gold reserves amid the European sovereign debt crisis, the Bundesbank is refusing to end its silence on where its more than 3,000 tons of the precious metal is stored.

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