The Bank for International Settlements (BIS) will convene a meeting of central bankers to address a return to "aggressive behavior the prevailed during the pre-crisis period." Chief Executives from Blackrock, Citigroup and Wells Fargo have accepted the central banks invitation and will meet Basel over the weekend. Goldman Sachs and JPMorgan Chase declined to attend.According to a US Federal Reserve official, "These meetings are an attempt to bring a real world perspective to the deliberations of the wise men of the world."
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Here is Fahreed Zakaria discussing the current status, and likely future, of US homeland security in the wake of the Christmas day attack.
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Israeli Defense Minister Ehud Barak has received dozens of death threats from Israeli settlers in the West Bank who believe they will be forced to leave their homes in pursuit of peace. Palestinian President Mahmoud Abbas has said he will not resume talks with Israel without a complete settlement freeze.
On January 5th four apartment buildings were approved by Israel's Jerusalem municipality.
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