Free Republic

Sudden rounding up and deportation shocks illegals

. . . the equivalent of 8pc of the world economy, according to new analysis by Fathom Consulting. The figures will intensify fears that the extraordinary injection of liquidity is responsible for rising stock markets, rather than any underlying pick-up in corporate health or investor confidence. Erik Britton, a director at Fathom, compared the development to throwing lighter fuel on a barbecue. The question is, he said, "whether the coals are lit". The warning is the result of the extraordinary measures to prop up the financial system, which have seen central banks resort to strategies such as buying up bonds...

A Manila court handed down the death penalty to a University of Sto. Tomas (UST) student for killing fellow student Mark Welson Chua, who had exposed corruption in the UST-Reserve Officers Training Corps (ROTC) two years ago. The victim’s parents, Welson and Amet Chua, their daughter Charmaine, relatives and friends cried as a guilty verdict against accused Arnulfo Aparri Jr. was read in an open court by a staffer of Manila Judge Romulo Lopez of Regional Trial Court Branch 18. But for the mother, the conviction of only one of the killers is not enough to compensate for the death...