US war on whistleblowers must end - Assange

Assange makes first public statement since entering Ecuador’s London embassy

Julian Assange made his first public appearance in two months, ever since he took refuge in the Ecuadorian embassy in London.

Addressing the hundreds of people gathered outside the embassy, Assange thanked them for their support, claiming it was their resolve and presence that stopped British police storming the building. 

"On Wednesday night, after a threat was sent to this embassy and police desceneded on this building, you came out in the middle of the night to watch over it, and you brought the worlds eyes with you. Inside this embassy after dark I could hear teams of police swarming up into the building through the internal fire escape," Assange said. 

"But I knew thered be witnesses. And that was because of you." 

The WikiLieaks founder thanked President Correa "for the courage he has shown" in granting him asylum, and to all the nations and individuals who have shown him support. 

Assange also addressed the US government and President Obama, calling for the persecution of WikiLeaks supporters to end. 

"The United States must pledge before the world will not pursue journalists for shining light on the secret crimes of the powerful. The US administration’s war against whistleblowers must end."

The WikiLeaks founder was granted political asylum on Thursday – a decision that ignited a wave of international responses, with the UK and Sweden opposing the verdict and Latin American countries strongly supporting Ecuador’s move.

Presenting The Shocking Source Of US Treasury Demand In The Past Year: Japan

When one thinks US Treasurys, and demand thereof, two entities pop into mind: the Federal Reserve, which over the past 3 years has been the biggest institutional buyer of US paper, and China, which is the largest foreign holder of US TSYs. Yet over the past year something curious happened: when it comes to setting marginal demand for US Treasurys, it was neither the Fed, whose sterilized Operation Twist has kept its holdings of US Tsys relatively flat, nor China, which has actually been a major seller of US paper, that has been the dominant source of marginal demand for Uncle Sam’s never to be repaid obligations. Japan.

Seven Banks Under Investigation for Global Interest Rate Scandal

Seven international banks have been served with subpoenas over the global interest setting scandal. Barclays, Citigroup, Deutsche Bank, HSBC, JPMorgan Chase, Royal Bank of Scotland and UBS – have been asked to provide relevant “documents and communications” to Eric Schneiderman, the New York attorney-general in collaboration with George Jepsen, Connecticut’s top law enforcement officer.

Photo: Alex Milan Tracy. alexmilantracy.comThe scandal involves LIBOR – or the London Inter Bank Offer Rate – a global system of interest rates for $360 trillion in international deposits. While many of these loans are overnight transfers between banks, they affect the price of consumer loans like mortgages, car loans and credit card loans. The rates are set by the British Bankers Association which makes a considered average of rates reported to them verbally by participating bankers.

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