Archive for the 'Economy' Category
Photos of U.S. and Afghan Troops Patrolling Poppy Fields June 2012
October 17th, 2012Photos of U.S. and Afghan Troops Patrolling Poppy Fields June 2012, and more Photos of US/NATO Troops Patrolling Opium Poppy Fields in Afghanistan. And more again. Related: State Department Official: Negotiations to Extend U.S. Troop Presence in Afghanistan Starting Soon The House I Live In Research Credit: LoneWolf
Switzerland Prepares Army for Euro Zone Fallout
October 15th, 2012Via: CNBC: With anti-austerity protests across Europe resulting in civil unrest on the streets of Athens and Madrid, the European country famed for its neutrality is taking unusual precautions. Switzerland launched the military exercise “Stabilo Due” in September to respond to the current instability in Europe and to test the speed at which its army […]
The House I Live In
October 15th, 2012Via: The House I Live In:
Australian Government Wants to Outlaw Inexpensive Alcoholic Beverages
October 13th, 2012Home brew. Via: The Australian: CHEAP wine will be banned under a federal health agency’s plan to make drinkers pay at least $8-$10 for a bottle of booze. The Federal Government’s Australian National Preventative Health Agency will advise this week that a “floor price” and new taxes be calculated as a way to make alcohol […]
The Rich Get Richer Explained
October 13th, 2012Via: Omid Malekan: Research Credit: HongPong
U.S. Runs 4th Straight $1 Trillion-Plus Budget Gap
October 13th, 2012Via: AP: The United States has now spent $1 trillion more than it’s taken in for four straight years. The Treasury Department confirmed Friday what was widely expected: The deficit for the just-ended 2012 budget year — the gap between the government’s tax revenue and its spending — totaled $1.1 trillion. Put simply, that’s how […]
S&P Cuts Spain’s Credit Rating Again; Near Junk
October 11th, 2012Via: Reuters: Standard & Poor’s on Wednesday cut Spain’s sovereign credit rating to BBB-minus, just above junk territory, citing a deepening economic recession that is limiting the government’s policy options to arrest the slide. The S&P downgrade comes with a negative outlook reflecting the credit ratings agency’s view that there are significant risks to economic […]
U.S. Files Mortgage Fraud Lawsuit Against Wells Fargo
October 10th, 2012Via: Reuters: The U.S. government filed a civil mortgage fraud lawsuit on Tuesday against Wells Fargo & Co, the latest legal volley against big banks for their lending during the housing boom. The complaint, brought by the U.S. Attorney in Manhattan, seeks damages and civil penalties from Wells Fargo for more than 10 years of […]
Microsoft CEO Sees Company Becoming More Like Apple
October 10th, 2012Microsoft has been copying Apple since the 1980s, so I doubt that this is much of a surprise to anyone. Via: Reuters: Microsoft Corp Chief Executive Steve Ballmer has signaled a new direction for the world’s largest software company, pointing to hardware and online services as its future, taking a page from long-time rival Apple […]
‘Hand-Made Humans May Hold the Key to Saving the World’
October 9th, 2012This one is a keeper. Via: Brisbane Times: Human-induced climate change is one of the biggest problems that we face today. Millions could suffer hunger, water shortages, diseases and coastal flooding because of climate change. The latest science suggests that we may be near or even beyond the point of no return. … Here are […]
