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Drugs, Economy/Finance

January 27

Drug money saved banks in global crisis, claims UN advisor

Drugs money worth billions of dollars kept the financial system afloat at the height of the global crisis, the United Nations’ drugs and crime tsar has told the Observer.

Antonio Maria Costa, head of the UN Office on Drugs and Crime, said he has seen evidence that the proceeds of organised crime were “the only liquid investment capital” available to some banks on the brink of collapse last year. He said that a majority of the $352bn (£216bn) of drugs profits was absorbed into the economic system as a result.

Source: Guardian UK  

9/11, Civil Rights

December 27

New poll finds majority of Americans think torture was justified after 9/11 attacks

A majority of Americans think that the harsh interrogation techniques used on terrorism suspects after the Sept. 11, 2001, attacks were justified, even as about half of the public says the treatment amounted to torture, according to a new Washington Post-ABC News poll.

By a margin of almost 2 to 1 — 59 percent to 31 percent — those interviewed said that they support the CIA’s brutal methods, with the vast majority of supporters saying that they produced valuable intelligence.

Source: Washington Post