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Now, 2 1/2 years later, experts fear it is about to reach the ocean and greatly worsen what is fast becoming a new crisis at Fukushima: the inability to contain vast quantities of radioactive water.

The looming crisis is potentially far greater than the discovery earlier this week of a leak from a tank that stores contaminated water used to cool the reactor cores. That 300-ton (80,000-gallon) leak is the fifth and most serious from a tank since the March 2011 disaster, when three of the plant’s reactors melted down after a huge earthquake and tsunami knocked out the plant’s power and cooling functions.

The station is able to tap into and extract data from the underwater fibre-optic cables passing through the region.

The information is then processed for intelligence and passed to GCHQ in Cheltenham and shared with the National Security Agency (NSA) in the United States. The Government claims the station is a key element in the West’s “war on terror” and provides a vital “early warning” system for potential attacks around the world.

The Independent is not revealing the precise location of the station but information on its activities was contained in the leaked documents obtained from the NSA by Edward Snowden. The Guardian newspaper’s reporting on these documents in recent months has sparked a dispute with the Government, with GCHQ security experts overseeing the destruction of hard drives containing the data.

Current systems offer partial solutions to this problem, but are limited in their ability to efficiently scale to larger more complex datasets, DARPA said. “They are also compute intensive, exhibit limited parallelism, require high precision arithmetic, and, in most cases, do not account for temporal data. ”

What DARPA is interested in is looking at mimicking a portion of the brain known as the neocortex which is utilized in higher brain functions such as sensory perception, motor commands, spatial reasoning, conscious thought and language. Specifically, DARPA said it is looking for information that provides new concepts and technologies for developing what it calls a “Cortical Processor” based on Hierarchical Temporal Memory.

The Memo confirmed every conspiracy freak’s fantasy: that in the late 1990s, the top US Treasury officials secretly conspired with a small cabal of banker big-shots to rip apart financial regulation across the planet. When you see 26.3 percent unemployment in Spain, desperation and hunger in Greece, riots in Indonesia and Detroit in bankruptcy, go back to this End Game memo, the genesis of the blood and tears.

The Treasury official playing the bankers’ secret End Game was Larry Summers. Today, Summers is Barack Obama’s leading choice for Chairman of the US Federal Reserve, the world’s central bank. If the confidential memo is authentic, then Summers shouldn’t be serving on the Fed, he should be serving hard time in some dungeon reserved for the criminally insane of the finance world.

The memo is authentic.

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But what was the use of turning US banks into derivatives casinos if money would flee to nations with safer banking laws?

The answer conceived by the Big Bank Five: eliminate controls on banks in every nation on the planet — in one single move. It was as brilliant as it was insanely dangerous.

How could they pull off this mad caper? The bankers’ and Summers’ game was to use the Financial Services Agreement (or FSA), an abstruse and benign addendum to the international trade agreements policed by the World Trade Organisation.

Until the bankers began their play, the WTO agreements dealt simply with trade in goods – that is, my cars for your bananas. The new rules devised by Summers and the banks would force all nations to accept trade in “bads” – toxic assets like financial derivatives.

Until the bankers’ re-draft of the FSA, each nation controlled and chartered the banks within their own borders. The new rules of the game would force every nation to open their markets to Citibank, JP Morgan and their derivatives “products”.

And all 156 nations in the WTO would have to smash down their own Glass-Steagall divisions between commercial savings banks and the investment banks that gamble with derivatives.

One night in June, he came to Thigpen’s apartment after midnight and urgently asked to borrow her Volvo. He said he was afraid to drive his own car. She declined, telling him her car was having mechanical problems.

“He was scared, and he wanted to leave town,” she says.

All traffic through Nasdaq stopped at 12:14 p.m. EDT, the exchange said on its website, citing a problem distributing stock price quotes. The exchange, which lists about 3,200 companies, said it expects to resume trading later on Thursday.

Mycle Schneider is an independent consultant who has previously advised the French and German governments.

He says water is leaking out all over the site and there are no accurate figures for radiation levels.

Meanwhile the chairman of Japan’s nuclear authority said that he feared there would be further leaks.

The ongoing problems at the Fukushima plant increased in recent days when the Tokyo Electric Power Company (Tepco) admitted that around 300 tonnes of highly radioactive water had leaked from a storage tank on the site.

Moment of crisis

The Japanese nuclear energy watchdog raised the incident level from one to three on the international scale that measures the severity of atomic accidents.

This was an acknowledgement that the power station was in its greatest crisis since the reactors melted down after the tsunami in 2011.

But some nuclear experts are concerned that the problem is a good deal worse than either Tepco or the Japanese government are willing to admit.

They are worried about the enormous quantities of water, used to cool the reactor cores, which are now being stored on site.

Some 1,000 tanks have been built to hold the water. But these are believed to be at around 85% of their capacity and every day an extra 400 tonnes of water are being added.

“The quantities of water they are dealing with are absolutely gigantic,” said Mycle Schneider, who has consulted widely for a variety of organisations and countries on nuclear issues.

He said the department had an interest in spending about US$100 million (NZ$120m) to directly or indirectly acquire a pair of optical fibres between the US, Australia and American Samoa to link its defence bases.

The interest has not been confirmed by the US Government or the Hawaiki company, which have been approached for comment.

The US said in 2011 that it would build a permanent base for thousands of US Marines in Darwin.

The Australian Government said in June that the number of Marines at the base would rise from between 200 and 250 to 1150 next year. By 2016, it would support a 2500-strong Marine Air Ground Task Force.

Rockets with toxic agents were launched at the suburbs of the Ghouta region early on Wednesday as part of a major bombardment on rebel forces, they say.

State-run news agency Sana said the claims were “baseless” and an attempt to distract UN weapons inspectors.

The main opposition alliance said that more than 650 people had been killed by the attacks.

Activist networks also reported death tolls in the hundreds, but these could not be independently confirmed.

UK Foreign Secretary William Hague called for the Syrian government “to allow immediate access to the area” for the investigators and said that Britain would raise the issue at the UN.

If confirmed, the attacks would mark a “shocking escalation in the use of chemical weapons in Syria”, Mr Hague said.

The Arab League echoed the call for the inspectors to go to the site, AFP reports.

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