Archive for the 'Economy' Category
Foreign Demand for Long-Term U.S. Debt Fell Sharply in May
July 16th, 2009Via: AP: Foreign demand for long-term U.S. financial assets dropped by the largest amount in four months in May, as Japan and Russia trimmed their holdings of Treasury securities. The Treasury Department said Thursday that foreigners actually sold $19.8 billion more long-term U.S. securities than they purchased in May. That compared with net purchases of […]
South Africa: ATMs Armed with Pepper Spray; Thieves Using Explosives
July 16th, 2009The video below isn’t real, but give it another ten years. Via: Guardian: Cash machines offer an ever-growing menu of services beyond merely dispensing money. For tampering criminals, this now includes a squirt of pepper spray in the face . The extreme measure is the latest in South Africa’s escalating war against armed robbers who […]
BofA Operating Under Secret Regulatory Sanction
July 16th, 2009Tick tock tick tock… I like to maintain my B of A balance at around $80. *grin* Via: Reuters: Bank of America Corp is operating under a secret U.S. regulatory sanction that requires it to overhaul its board and address perceived problems with risk and liquidity management, The Wall Street Journal reported, citing people familiar […]
Canada: Buy-Local Push Prompts Ontario Grocers to Go Independent
July 16th, 2009Via: CBC News: Dale Kropf calls it Independence Day: On July 3, his five grocery stores in southwestern Ontario ceased to be Sobeys franchises. Corporate policies prevented him from buying local products, he says, so he joined forces with four other former Sobeys franchisees and formed the independent Hometown Grocers Co-Op. “We feel that local […]
Fox: How Madoff Will Be Killed In Jail
July 15th, 2009Where and When You Use Credit Cards Could Hurt Your Credit Rating
July 15th, 2009Cash kills credit card companies. Via: Concord Monitor: Here’s a word to the wise: Think twice before whipping out that credit card to pay for purchases at the Salvation Army or a discount store, have tires re-treaded or even buy a late-night round of drinks. Credit card companies see those purchases, and a slew of […]
Moody’s Downgrades Status of California Bonds
July 15th, 2009Via: AP: Gov. Arnold Schwarzenegger told state employee unions Tuesday his administration would cut another 2,000 jobs to help close California’s $26.3 billion budget deficit. Meanwhile, Moody’s Investor Services downgraded California bonds to near-junk status, from A2 to Baa1, and placed the state’s credit rating on watch for possible further reductions. Moody’s said the budget […]
U.S. Budget Deficit Tops $1 Trillion for First Time
July 14th, 2009Via: Bloomberg: The U.S. budget deficit topped $1 trillion for the first nine months of the fiscal year and broke a monthly record for June as the recession subtracted from revenue and the government spent to rejuvenate the economy. The shortfall for the fiscal year that began Oct. 1 totaled $1.1 trillion, the first time […]
H1N1 Swine Flu Resembles 1918 Virus
July 14th, 2009As with many events, the extensive Cryptogon archives are very useful. From 2004 we find this: Researchers resurrect deadly ‘Spanish’ flu Updated Thu. Oct. 7 2004 4:09 PM ET CTV.ca News Staff A tiny genetic change may be all that stands between us and the next deadly flu pandemic. A team of scientists at the […]
60 Minutes Segment on 1976 Swin Flu Vaccine Victims
July 14th, 2009Swine Flu 1976 & PropagandaUploaded by Dianequiose-4. – Explore international webcam videos.
