Archive for the 'Economy' Category

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Iran Arrests Opposition Leaders

March 1st, 2011

Via: Bloomberg: Oil rose from the lowest in a week in New York as Libyan crude exports were curbed by fighting in the North African country while demonstrations planned in Iran raised concern of wider disruptions. Futures climbed as much as 1 percent after authorities in Iran, the second-largest producer in the Organization of Petroleum […]

China’s Holdings of U.S. Debt Larger than Previously Reported

March 1st, 2011

Via: AFP: China’s holdings of US bonds reached $1.16 trillion at the end of December, almost $270 billion more than previously estimated, new data showed Monday. Beijing, which has converted much of a huge trade surplus with the United States over the past two decades into buying up US treasuries and other securities, held 26.1 […]

U.S. Helicopters, Colombian Money Laundering

February 28th, 2011

Via: Colombia Reports: To get a sense of just how interconnected the formal and illicit dimensions of international political economy are, take a peek at this brief cable from the U.S. Embassy in Bogota published by WikiLeaks Sunday. The cable details then-Ambassador William Woods’ hunt for two missing helicopters that had originally been sold to […]

Egypt Bans Individuals from Taking Gold Out of Country

February 28th, 2011

Thinking about trying to flee from point A to point B with gold after the shit hits the fan? Via: Reuters: Egypt on Sunday banned the export of gold for the next four months, a measure bankers said seemed aimed at preventing businessmen and former government officials who acquired capital illegally from transferring it abroad. […]

Kenyan Official, Investigating Congo Gold Smuggling Case, Shot and Killed

February 28th, 2011

Via: Reuters: A senior Kenyan official has been shot dead while investigating gold smuggling from eastern Democratic Republic of Congo (DRC), Kenyan police said on Monday. Eric Kiraithe, a police spokesman, said the man was an official at Kenya’s Revenue Authority. “We have not arrested any suspects involved in gold smuggling but we have identified […]

Budget Problems? Just Use Prison Labor

February 26th, 2011

The New York Times outdoes itself with this one. “Financial experts agree.” Oh sure. See, Land Of The Free: Never In The Civilized World Have So Many Been Locked Up For So Little, for a bit of context. Via: New York Times: Before he went to jail, Danny Ivey had barely seen a backyard garden. […]

‘Who Did We Issue Those To? Who Bought Those Bonds?’

February 26th, 2011

Solution to the debt crisis? According to Damon Vickers, author of, The Day After the Dollar Crashes: A Survival Guide for the Rise of the New World Order, a sort of globalist debt jubilee would be carried out as a part of implementing the New World Order. Note: Vickers wants to see the New World […]

Troubled Banks Rise to Highest Level in 18 Years

February 24th, 2011

Via: AP: The number of banks at risk of failing made up nearly 12 percent of all federally insured banks in the final three months of 2010, the highest level in 18 years. The Federal Deposit Insurance Corp said Wednesday that the number of banks on its confidential “problem” list rose to 884 in the […]

New Stealth Bomber Could Control Drones, Fire Lasers, Bust Bunkers

February 24th, 2011

Recovery! Via: Wired: The Air Force’s new stealth bomber might do more than just drop bombs, top generals said in recent days. The so-called “Long-Range Strike” plane — likely to be designated B-3 — could also carry bunker-busting, rocket-boosted munitions, high-powered lasers for self-defense and datalinks, and consoles for controlling radar-evading drones. These add-ons, described […]

New Pathogen Found in Roundup Ready GM Crops Causes Spontaneous Abortions and Infertility in Livestock?

February 24th, 2011

Via: Institute of Science in Society: An open letter appeared on the Farm and Ranch Freedom Alliance founded and run by Judith McGeary to save family farms in the US [1, 2]. The letter, written by Don Huber, professor emeritus at Purdue University, to Secretary of Agriculture Tom Vilsack, warns of a pathogen “new to […]

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