Archive for the 'Economy' Category
The Frankenfood Industry’s Strong Arm Tactics with Researchers
October 13th, 2009Via: GM Watch: The increasingly fractious relationship between public sector researchers and the biotech seed industry has come into the spotlight in recent months. In July, several leading seed companies met with a group of entomologists, who earlier in the year had lodged a public complaint with the US Environmental Protection Agency (EPA) over restricted […]
Russian Mafia/Government Crooks vs. Hedge Fund Crooks
October 13th, 2009Via: Guardian: Thousands of Russians are watching a YouTube video that accuses their government and officials of high corruption. A Russian version of a video by Hermitage Capital, the London-based hedge fund claiming to be victim of a $230m (£146m) scam, has attracted over 12,000 hits, and is the most viewed news clip on YouTube […]
Soybeans, Corn Rise as Rains Stall U.S. Harvest, Limit Supplies
October 12th, 2009Via: Bloomberg: Corn and soybeans rose on speculation that cold, wet Midwest weather will slow the harvest and reduce production in the U.S., the world’s largest grower and exporter of both crops. Temperatures below freezing this weekend occurred north of a line from Amarillo, Texas, to Kansas City, Kansas, and east to Toledo, Ohio, ending […]
Shooting of Prominent IMF Economist Baffles Police
October 12th, 2009“It had to be random?” Is that the new “Probable Suicide”? Via: WJLA: Police are still looking for clues after a prominent economist was shot in the garage of his upscale home. Ashoka Mody has been identified in an email to his fellow employees at the International Monetary Fund as the man shot Thursday night […]
Dollar Reaches Breaking Point as Banks Shift Reserves
October 12th, 2009WARNING: This is not a recommendation to buy, sell or hold any financial instrument. The near term support on the U.S. Dollar Index is 75.912. If that gets taken out, the next stop is the low 70s. Keep in mind that 70.792 is the all time low. It’s currently trading at 76.140. We’re in a […]
An “Embarrassing Affair”: German Ship Transporting Arms for Iran
October 12th, 2009Via: Spiegel: US troops boarded a German-owned freighter in early October and found eight containers full of ammunition, allegedly headed to Syria from Iran. The shipment is in violation of a UN weapons embargo and has become a source of chagrin in Berlin. An “embarrassing affair,” is how one German diplomat described it. The official […]
Precipitous Drop In State Tax Collections
October 12th, 2009Great collection of green shoots. Via: Mish: The cutback in consumer spending is seriously impacting state budgets. Here are a few recent headlines. Research Credit: Lagavulin
£1 a Mile Toll’ to Drive in London?
October 12th, 2009Apologies for the Daily Mail link. Via: Daily Mail: Motorists face being charged for every mile they drive under radical new plans by London Mayor Boris Johnson. Drivers could be forced to pay to use the capital’s busiest roads as Mr Johnson seeks to plug a multi-million pound hole in the Transport for London (TfL) […]
IBM’s Backup Plan for Air New Zealand Smacks the Deck
October 12th, 2009I casually Googled my way around some infrastructure vulnerabilities in New Zealand. All I’ll say is that you wouldn’t believe me if I told you. There’s an address in Auckland that would take the breath away of anyone who knew what they were looking at. As I was looking at it, marveling at it, via […]
Britain Has Worst Quality of Life in Europe?
October 12th, 2009Throw another CCTV at it, and send out some more idiots from the councils to look through people’s trash. That will sort it out for sure. Via: Telegraph: British people have the worst quality of life in Europe, according to a report which highlights the long hours, bad weather, low life expectancy and high price […]
