19 November 2008
Stories from 19 November 2008
Colombia: Government, banking and pyramid schemes
Colombians are buzzing in outrage after the collapse last week of several investment offices which were operating as Ponzi schemes and pyramids, where people would deposit their savings and receive up to 300% in return. The last company standing was DMG, which has a massive following and is now being investigated and its owners arrested for alleged connections with drug trafficking cartels, money laundry and unlawful acquisition of funds. Surprising though, is that their followers have been unfailing in their support, defending DMG and its strategies on forums, comments and websites.
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Israel: Ceasefire with Hamas Ends
The temporary cease-fire (tahdiya) agreement between Israel and Hamas has come to an end earlier this month with an escalation of violence in the region and a re-implementation of the Gaza blockade. Gilad Lotan highlights conversations on the Israeli blogosphere on the escalation of violence and the humanitarian conditions in Gaza.
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Trinidad & Tobago: Flood!
Trinidad and Tobago has been at the receiving end of some heavy rains over the past few days, resulting in severe flood waters that have immobilized commuters, compromised infrastructure and wreaked havoc on the public transportation system. But only a handful of local bloggers were on top of the story (perhaps the rest were too busy trying to find a way home).
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I do not support capital punishment, in this instance there have no other alternative. What these killers have done is...