Archive for the 'Economy' Category

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There Are Now Enough Vacant Properties In China To House Over Half Of America

December 17th, 2010

Via: Business Insider: Property stocks in China were weak today due to media reports that the Beijing and Shanghai authorities were investigating the high vacancy rate for Chinese property. Markets are worried they’ll be shocked by what they discover and clamp down on speculation even harder than they have. How large might the vacancy problem […]

Britain: Police May Ban Protests in Central London

December 15th, 2010

Via: Telegraph: Police may ban anti-Government marches through central London to prevent further disorder and strain on officer numbers. The Metropolitan Police Commissioner, Sir Paul Stephenson, said that outlawing the demonstations was an option for the authorities but conceded it could anger protestors further.

Riots in Athens and Rome

December 15th, 2010

Athens. Via: Toronto Star: Protesters clashed with riot police across Athens on Wednesday, torching cars, hurling gasoline bombs and sending Christmas shoppers fleeing in panic during a general strike against the government’s latest austerity measures. Police fired tear gas and flash grenades as the violence escalated outside parliament and spread to other parts of the […]

To Conquer Wind Power, China Writes the Rules

December 15th, 2010

Via: New York Times: Judging by the din at its factory here one recent day, the Spanish company Gamesa may seem to be a thriving player in the Chinese wind energy industry it helped create. But Gamesa has learned the hard way, as other foreign manufacturers have, that competing for China’s lucrative business means playing […]

EPA Document Shows It Knowingly Allowed Pesticide That Kills Honey Bees

December 15th, 2010

Via: Fast Company: The world honey bee population has plunged in recent years, worrying beekeepers and farmers who know how critical bee pollination is for many crops. A number of theories have popped up as to why the North American honey bee population has declined–electromagnetic radiation, malnutrition, and climate change have all been pinpointed. Now […]

U.S. Vulnerable to Rare Earth Shortages

December 15th, 2010

Via: New York Times: The United States is too reliant on China for minerals crucial to new clean energy technologies, making the American economy vulnerable to shortages of materials needed for a range of green products — from compact fluorescent light bulbs to electric cars to giant wind turbines. So warns a detailed report to […]

Moody’s May Downgrade Spanish Credit Rating

December 15th, 2010

Via: Bloomberg: Spain’s credit rating may be cut from Aa1, Moody’s Investors Service said, as the government prepares its final bond sale of the year tomorrow amid concern it may follow Greece and Ireland in seeking a bailout. Spain has to raise 170 billion euros ($226 billion) next year, while refinancing needs for its regions […]

Florida Gunman Killed Himself After Bizarre Incident at School Board Meeting

December 15th, 2010

Update: Florida School Board Shooter Had Turbulent Life Via: AP: Born in Ocala, Fla., Duke graduated from high school in Tampa. Little is known about his early adult years — family members claimed he was in the Air Force for eight years, but that could not be confirmed. In the mid-1990s, Duke had drifted to […]

Nigeria Considering $250 Million Halliburton Offer to Keep Cheney Out of Prison

December 14th, 2010

Maybe Halliburton said they could have him for $500 million? Via: Reuters: Nigeria’s anti-corruption police said on Tuesday it may drop bribery charges against former U.S. Vice President Dick Cheney and oil services firm Halliburton after the company offered to pay a fine. The Economic and Financial Crimes Commission (EFCC) said it met with officials […]

Sunscreen Chemicals Absorbed Into Body, Found in 85 Percent of Human Milk Samples

December 14th, 2010

Via: Natural News: …the investigation, conducted by a Swiss National Research Program called Endocrine Disrupters: Relevance to Humans, Animals and Ecosystems, found UV filters, which are common in cosmetics and sunscreens, were present in 85 percent of human milk samples tested. What does this mean for adults, much less babies taking in this contaminated milk? […]

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