News Headlines - 18 February 2011

▽David Cameron: Alternative Vote is not the answer - BBC
David Cameron has spoken out against the Alternative Vote system, as campaigning ahead of the 5 May referendum on electoral reform got under way in earnest.
The prime minister said that "the principle of 'one person, one vote' is what makes our democracy fair" and that AV "completely flies in the face of that".
Mr Cameron is in favour of maintaining the existing first-past-the-post system.

▽We must not repeat mistakes of the Great Depression, warns Mervyn King - Daily Mail
The world is at risk of a return to 1930s-style protectionism that would have ruinous consequences for the global economy, the head of the Bank of England warned last night.
Governor Mervyn King said a repeat of the policies that exacerbated the Great Depression would sow the seeds of the next financial crisis and recession.

▽US vetoes United Nations resolution on Jewish settlements - Telegraph.co.uk
The United States on Friday "regrettably" blocked a United Nations resolution condemning Israeli settlements, the first time it has used its power of veto at the UN Security Council under President Barack Obama.

▽Egyptians celebrate but military starts talking tough - BBC
Egypt's ruling military council says it will not tolerate any more strikes which disrupt the country's economy.

▽Apple's new subscription service catches anti-trust regulator's eye - Telegraph.co.uk
The US Justice Department and the Federal Trade Commission (FTC) are looking at Apple's new subscription terms for selling content via its iPhone and iPad devices.







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