Archive for the 'Collapse' Category
Detroit to Close Half of Public Schools
February 22nd, 2011Via: The Detroit News: Swift and severe changes are coming to Detroit Public Schools. State education officials have ordered Robert Bobb to immediately implement a financial restructuring plan that balances the district’s books by closing half of its schools, swelling high school class sizes to 60 students and consolidating operations.
Oil Companies Plan Evacuations From Libya
February 21st, 2011Update: Reuters: Gaddafi Fled Libya, on Way to Venezuela [???] Venezuela denies: A senior source in the Venezuelan government denied on Monday reports that Libyan leader Muammar Gaddafi was traveling to the South American oil-producing nation led by his ally President Hugo Chavez. The Caracas government “denies such information,” the source told Reuters. Via: Reuters: […]
Wisconsin Governor Threatens to Replace Union Workers With National Guard
February 17th, 2011Via: Huffington Post: State workers in Wisconsin are protesting a statement by Republican Governor Scott Walker that, union reps say, amounts to a threat to use the National Guard to help break the public union. Citing a $137 million budget deficit, Walker announced a plan last week which would essentially take away the public union’s […]
Rising Food Prices Push Millions Around the World Into Extreme Poverty
February 16th, 2011Via: New York Times: A sharp rise in food prices since June has pushed 44 million people in developing countries into extreme poverty — having to live on less than $1.25 a day — according to a new study by the World Bank. The bank’s price index soared 29 percent from January 2010 to January […]
EGYPT: BANK HOLIDAY
February 14th, 2011Via: Reuters: Egypt declared Monday a bank holiday after workers emboldened by the ousting of President Hosni Mubarak and angered by low wages and poor working conditions disrupted operations at the country’s state banks. The Egyptian pound was little changed in slow trade on Sunday, the first day of trading since President Hosni Mubarak was […]
COUP: MUBARAK RESIGNS AS EGYPTIAN PRESIDENT; MILITARY TAKES CONTROL
February 11th, 2011Al Jazeera English: Live Stream Via: Bloomberg: Hosni Mubarak stepped down as president of Egypt and handed power to the military, bowing to the demands of protesters who have occupied central Cairo for the past three weeks demanding an end to his 30-year rule. “Mubarak has decided to relinquish the office of the presidency,” said […]
Egypt: Mubarak May Step Down Today
February 10th, 2011Update: Mubarak Refuses to Step Down Al Jazeera Reuters: Unrest in Egypt —End Update— Update: Military Coup Via: CNN: President Hosni Mubarak is expected to announce Thursday night that he is yielding power to the nation’s military, a senior Egyptian government official told CNN. He said the process — which included dialogue between the government […]
The Youth Unemployment Bomb
February 4th, 2011Via: Business Week: In Tunisia, the young people who helped bring down a dictator are called hittistes—French-Arabic slang for those who lean against the wall. Their counterparts in Egypt, who on Feb. 1 forced President Hosni Mubarak to say he won’t seek reelection, are the shabab atileen, unemployed youths. The hittistes and shabab have brothers […]
California Cities Top Most Miserable List
February 4th, 2011Via: Reuters: If the saying “as goes California, so goes the nation” still rings true, then Americans are facing a depressing future, according to a list of the country’s most miserable cities. Ravaged by falling house prices, high unemployment, a massive budget deficit, rampant crime and high state taxes, California filled four of the top […]
New Mexico: Tens of Thousands Without Natural Gas Service; State of Emergency Declared
February 4th, 2011Via: Mercury News: With tens of thousands of people across New Mexico without natural gas service, Gov. Susana Martinez on Thursday declared a state of emergency, ordered all government offices be shut down Friday and urged schools to “strongly consider” remaining closed for the day. Demand has soared because of extremely cold weather across the […]
