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Published by New York Times | By Eric Dash | Wednesday, October 15, 2008

The Bank of New York Mellon was named the master custodian firm overseeing the Treasury Department's $700 billion bailout fund. It will hold and track the distressed assets that the government will buy as well as run and report on the auctions used to buy the assets. Government officials called it the "prime contractor of the purchase program."

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Published by Democracy Now! | By Amy Goodman and James Bamford | Tuesday, October 14, 2008

The Bush administration's wiretapping program has come under new scrutiny. Two influential congressional committees have opened probes into allegations US intelligence spied on the phone calls of U.S. military personnel, journalists and aid workers in Iraq. James Bamford discusses the NSA's domestic sprying, the agency's failings pre-9/11 and the ties between NSA and the nation's telecommunications companies.

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Published by Inter Press News Service (IPS) | By Daniela Estrada | Thursday, October 9, 2008

The Diaguita indigenous community in Huasco Alto, surrounded by rich gold, silver and copper deposits in the northern Chilean region of Atacama, are engaged in a struggle to prevent mining projects from infringing on their territory and destroying their way of life and ancestral identity.

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Published by Special to CorpWatch | By Anton Foek | Thursday, October 9, 2008

The launch of Russia's stock markets in the early 90s and privatization of state assets has profoundly impacted Russian society. As the case of mining giant Norilsk Nickel illustrates, this experiment has given rise to both immense personal wealth for a new elite, and economic uncertainty for the ordinary citizen.

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Published by Boston Globe | By Robert Weisman | Thursday, October 9, 2008

Now come the second thoughts on globalization, as never before have world markets been so integrated. The current financial crisis could mark the start of an effort to overhaul the global financial system conceived at the 1944 summit in Bretton Woods, N.H., which set the rules of international commerce for industrial countries.

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Published by New York Times | By Edmund L. Andrews and Mark Landler | Wednesday, October 8, 2008

In fresh efforts to stem persisting turmoil in the credit markets, the US Treasury Department is considering partial nationalization of numerous U.S. banks. Insurance giant A.I.G. will also receive a further injection of $37.8 billion.

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Published by Washingtom Post | By Karen DeYoung and Walter Pincus | Friday, October 3, 2008

The Defense Department will pay private U.S. contractors in Iraq up to $300 million over the next three years to produce news stories, entertainment programs and public service advertisements for the Iraqi media in an effort to "engage and inspire" the local population to support U.S. objectives and the Iraqi government.

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