India on Monday made it clear that it has no plans to thin out troops from wartime positions in border areas where they were deployed post 26/11. Denying the report published in Pakistani daily Express Tribune, the Defence Ministry said, “There are no such plans (to move troops from their existing locations).”

Source: IBN Live

Ally Financial Inc’s mortgage unit on Monday filed for bankruptcy and the auto lender said it will sell some international operations to help set it on a path to repaying $12 billion in bailout money.

Source: Reuters.com

My Take:

Why do I have a feeling that Ally Financial Inc. is going to ask for a bailout to help pay back its bailout money?

The chief investment officer at JPMorgan Chase, one of the highest-ranking women on Wall Street, will retire, the company said Monday. She becomes the first casualty of the bank’s $2 billion trading blunder.

The bank said Ina Drew, 55, would retire after more than 30 years with the company. She will be replaced by Matt Zames, an executive from JPMorgan’s investment bank.

Source: New York Daily News

My Take:

How can anyone just retire on a $2 billion mistake? Shouldn’t they be help fincaially liable?

With a few notable exceptions, it often seems like at any given time, you can switch on any of the major news networks and see almost exactly the same coverage from each. However, CNN’s Howard Kurtz seemingly broke ranks on Reliable Sources Sunday, slamming MSNBC’s treatment of libertarian author Tim Carney last week.

Source: The Blaze

Earlier this month at a parade in Pyongyang, the North Korean authorities caught the attention of a number of western experts by displaying what appeared to be six road-mobile inter-continental ballistic missiles.

But now, after a careful study of pictures from the parade, a team of German arms experts thinks the missiles are not quite what they seem.

Source: BBC

Husbands who aren’t into lively sex would have the option of making love to their dead wives under a bill before the Egyptian parliament. The “Farewell Intercourse” bill would permit a husband to have sex with his wife up to six hours after her death. Theoretically, women could do the same, but practical realities would be an obstacle. The strange practice was discussed last year by controversial Moroccan cleric Zamzami Abdelbair, who declared that necrophilia is religiously acceptable. An Egyptian journalist blasted the idea as a “catastrophe,” reports al-Arabiya. Could “the panel that will draft the Egyptian constitution possibly discuss such issues?” he asked. “Has the Islamic trend reached that far?”

Source: Newser

My Take:

Extremist Islam now supports necrophilia? And this law will may it mainstream in Egypt? What the hell did the Arab Spring really bring?

British and US authorities have moved to seize 36 domain names associated with websites being used to traffic in stolen payment card data. The UK’s Serious Organised Crime Agency (SOCA) said in a release issued today that the sites used Automated Vending Carts, a type of Web e-commerce software that allowed criminals to rapidly sell large volumes of credit card and banking account data.

Source: Ars Technica

Four explosions that rocked an eastern Ukrainian city on Friday have prompted a terror probe, the Ukrainian News agency reported.

Source: CNN

The Union Cabinet on Thursday approved tabling afresh in Parliament the Protection of Children from Sexual Offences Bill, 2011, which would make sexual contact with a girl below the age of 18 a criminal offence, even if it is consensual. The Bill was tabled in the Lok Sabha in March last year, and sent to the Parliamentary Standing Committee, which suggested some amendments, including making consensual sexual relationship with a girl under 18 a serious, criminal offence, punishable with life imprisonment.