A financial …plan!

The US Treasury has revealed its blueprint for the biggest overhaul of regulation of the financial sector since the 1930s.
Critics have said that the credit crunch and resultant market turmoil made a strong case for change. But Treasury Secretary Henry Paulson rejected claims that existing regulations have led to the turmoil. And he said the [...]

Waiting in Harare

Zimbabwe is standing on a “precipice” as official results from Saturday’s general election start to trickle in, the opposition has said.
Senior Movement for Democratic Change official Tendai Biti says party leader Morgan Tsvangirai has won 60% of the vote, against 30% for Robert Mugabe. Official results show both sides have 26 parliamentary seats so far. [...]

Turkish courts

Turkey’s constitutional court is expected to rule whether or not to hear a case aimed at closing down the country’s governing AK party.
The chief prosecutor has filed a petition calling for the party to be closed for “anti-secular activities”. He also wants dozens of its members, including the prime minister and president, to be banned [...]

The Ovi magazine today

Noam Chomsky on the Politics of the Essence of the Human Mind by Emanuel L. Paparella
Noam Chomsky is considered one of the pivotal linguists of our time. He follows a long heritage on the nature of language which begins with the ancient Greeks and continues with Giambattista Vico in the 18th century.
Whither Democracy in [...]