Archive for the 'Economy' Category
Around 800 European Children Have Developed Narcolepsy After Being Immunized with the Pandemrix H1N1 Swine Flu Vaccine
January 23rd, 2013When I posted about this story back in October 2011, there were 79 victims in Finland. And now… Via: Reuters: Emelie Olsson is plagued by hallucinations and nightmares. When she wakes up, she’s often paralyzed, unable to breathe properly or call for help. During the day she can barely stay awake, and often misses school […]
‘Is Mali the Next Afghanistan?’
January 21st, 2013In other news: Al Qaeda Terrorists Were Working for BP; Witness Describes One Terrorist Speaking with a ‘Perfect English Accent Via: McClatchy: The war rages about cities with names such as Goa and Timbuktu, in a sparsely populated, mostly flat, dusty and landlocked country in northwest Africa. The combatants include a nomadic Berber people known […]
Shocker: House G.O.P. Agrees to Lift Debt Limit
January 19th, 2013Endless can kicking. Via: New York Times: Backing down from their hard-line stance, House Republicans said Friday that they would agree to lift the federal government’s statutory borrowing limit for three months, with a requirement that both chambers of Congress pass a budget in that time to clear the way for negotiations on long-term deficit […]
Ex-Treasurer of Spain’s PP Had €22m in Swiss Bank
January 18th, 2013Via: Irish Times: The beleaguered government of Mariano Rajoy has been embarrassed by revelations that its party’s former treasurer had a bank account in Switzerland containing up to €22 million. Luis Bárcenas held the treasury post in the conservative Partido Popular (PP) from 2008 until 2009, when he resigned because of an investigation into his […]
JPMorgan European Equity Sales Trader Candillier Dies at 37
January 18th, 2013Via: Bloomberg: Thomas Candillier, the Paris-based head of European cash equity sales at JPMorgan Chase & Co. (JPM), has died at the age of 37. JPMorgan declined to comment on the cause of death. Candillier is survived by his wife and children. Brian Marchiony, a JPMorgan spokesman in London, said Candillier will be “dearly missed.” […]
Fed Needs Seven Years to Deliver Germany’s 300 Tons of Gold
January 18th, 2013Via: ZeroHedge: But the biggest news of the day comes from the official Buba announcement that, in its official capacity as a prudent central bank, it – as first of many – is looking to repatriate some 300 tons of gold from the New York Fed. That, however, is not today’s news – that was […]
U.S. Mint Runs Out of 2013 Silver Coins, Suspends Sales
January 18th, 2013Via: Reuters: U.S. Mint has suspended sales of its 2013 American Eagle silver bullion coins after running out of stock due to soaring demand for the newly minted coins in the first two weeks of the year. Sales will resume on or about the week of January 28 after the U.S. Mint has replenished its […]
A Mysterious Patch Of Light Shows Up In The North Dakota Dark
January 17th, 2013Via: NPR: What we have here is an immense and startlingly new oil and gas field — nighttime evidence of an oil boom created by a technology called fracking. Those lights are rigs, hundreds of them, lit at night, or fiery flares of natural gas. One hundred fifty oil companies, big ones, little ones, wildcatters, […]
Fitch May Downgrade U.S. Credit Rating
January 16th, 2013Via: AP: The United States could lose its top credit rating for the second time from a leading credit agency if there’s a delay in raising the country’s debt ceiling, Fitch Ratings warned Tuesday. Congress has to increase the country’s debt limit, which effectively rules how much debt the U.S. can have, by March 1 […]
Spain Plunders 90% Of Social Security Fund To Buy Its Own Debt
January 15th, 2013Via: ZeroHedge: Spain has been quietly tapping the country’s richest piggy bank, the Social Security Reserve Fund, as a buyer of last resort for Spanish government bonds – with at least 90% of the €65 billion ($85.7 billion) fund has been invested in increasingly risky Spanish debt. Of course, this is nothing new, the US […]
