Archive for the 'Economy' Category
German Officials: Bailout Fund Will Top €1 Trillion
October 24th, 2011Via: AP: The eurozone bailout fund will see its firepower increased to more than €1 trillion ($1.39 trillion) to enable it to contain the debt turmoil that threatens to rip apart the 17-nation eurozone, according to German lawmakers briefed Monday by Chancellor Angela Merkel. Eurozone governments hope the €440 billion ($600 billion) European Financial Stability […]
Vatican Calls for ‘Global Public Authority’ and ‘Central World Bank’
October 24th, 2011Via: Reuters: The Vatican called on Monday for the establishment of a “global public authority” and a “central world bank” to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises. The document from the Vatican’s Justice and Peace department should please the “Occupy Wall Street” demonstrators and similar […]
Repost: Gaddafi Gold-for-Oil, Dollar-Doom Plans Behind Libya ‘Mission’?
October 24th, 2011Via: Russia Today:
And Now: ‘The Gates Foundation Uses Genetic Modification For Good’
October 24th, 2011Wow. Just… Wow. Breathtaking. Via: FastCompany: It’s easy to demonize genetically modified crops. After all, we don’t exactly know what their long-term health effects are, and they have the nasty habit of cross-pollinating with non-GMO crops. When new stories come out about advances in the field, many people react with anger and fear. But the […]
Coming Soon: Web Ads That Use Your Webcam and Display Content Based on Biometric Data
October 24th, 2011Yeah, whatever, buddy. No webcam: Check. Multiple, independent filters prevent crap (by source and by type) from even reaching my computer in the first place: Check. Besides, what idiot would voluntarily allow an ad on a website to turn on his webcam? Give me a break. Wait. Never mind. Don’t answer that. Via: Economist: IMAGINE […]
First Mexican Truck Set to Enter U.S. Interior
October 24th, 2011Via: MSNBC: The first Mexican carrier is set to roll into the U.S. interior Friday, but the Teamsters union and two California congressmen haven’t given up on stopping the cross-border trucking program that had been stalled for years by safety concerns and political wrangling. U.S. Reps. Duncan Hunter and Bob Filner joined Teamsters President James […]
Gaddafi Salted Away About $200 Billion
October 23rd, 2011Via: The Age: Muammar Gaddafi secretly salted away more than $US200 billion ($A196 billion) in bank accounts, real estate and corporate investments around the world before he was killed, according to senior Libyan officials. That’s about $US30,000 for every Libyan citizen and double the amount that Western governments previously had suspected. The new estimates of […]
Euro ‘Empire’ Plot by Brussels
October 23rd, 2011Via: Telegraph: European Union chiefs are drawing up plans for a single “Treasury” to oversee tax and spending across the 17 eurozone nations. The proposal, put forward by Herman Van Rompuy, the European Council president, would be the clearest sign yet of a new “United States of Europe” — with Britain left on the sidelines. […]
Bank Transfer Day: Technologists Say Thousands Already Switching
October 22nd, 2011Via: CU Times: While Bank Transfer Day, and the dump-your-bank sentiment that serves as its backdrop, has earned a lot of media coverage and promotional dollars among credit unions, are people really switching? The folks whose job it is to facilitate that move behind the scenes, who manage the so-called “switch kits” of electronic banking, […]
Six-Figure Salaries, But Homeless
October 22nd, 2011Working for oil companies by day, sleeping in a WalMart parking lot by night. Via: CNN: They’re pulling in fat paychecks, but now they’re also homeless. In the town of Williston, N.D., America’s newest oil boomtown, more than 6,000 job seekers have come from every corner of the country looking for work. Yet, oil companies […]
