Archive for October, 2009

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State Department Official in Afghanistan Resigns Over U.S. Strategy

October 27th, 2009

Via: ABC News: A key U.S. official in Afghanistan has resigned in protest over U.S. policy in the war-torn region, as the Obama administration deliberates its future strategy there. Matthew Hoh, 36, a senior foreign service officer, wrote a four-page letter to Ambassador Nancy Powell, director general of the foreign service at the State Department, […]

Amnesty International: Palestinians Denied Water

October 27th, 2009

Via: BBC: Israel is denying Palestinians access to even the basic minimum of clean, safe water, Amnesty International says. In a report, the human rights group says Israeli water restrictions discriminate against Palestinians in the occupied West Bank. It says that in Gaza, Israel’s blockade has pushed the already ailing water and sewage system to […]

Iran Opens Exchange to Trade Crude Oil and Other Petrochemical Products

October 27th, 2009

Via: Reuters: Iran, OPEC’s second-biggest oil producer, launched its international oil exchange on Monday to buy and sell crude, oil products and petrochemical products, Iran’s student news agency ISNA reported. “The international exchange hall of crude, oil products and petrochemical goods of Iran was inaugurated. Our aim is to shift oil market trade focus in […]

Recession Drives Surge in Youth Runaways

October 26th, 2009

Via: New York Times: Dressed in soaked green pajamas, Betty Snyder, 14, huddled under a cold drizzle at the city park as several older boys decided what to do with her. Betty said she had run away from home a week earlier after a violent argument with her mother. Shivering and sullen-faced, she vowed that […]

Cryptogon Reader Sends $40

October 26th, 2009

Thanks, Eileen.

Shadow Market, Defiant Homeowners

October 26th, 2009

Via: Miller McCune: It’s been almost a year since Horatio Bernard effectively lost his Baltimore row house to foreclosure and roughly 15 months since he last made a payment on his primary mortgage. And yet to his amazement and those following his story, Bernard continues living in the home with his ailing mother without any […]

Trading Note: Took Profit on DBA This Morning

October 26th, 2009

WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Out at @ $26.91. +1.46 / share. * shrug shoulders * I was expecting to pull more than cigarette butts and bottle caps on that one. I’m overweight stuff that goes up when the dollar goes down. Time to flatten out […]

FDA Fails to Pull Worthless Drugs from Marketplace

October 26th, 2009

Via: AP: The Food and Drug Administration has allowed drugs for cancer and other diseases to stay on the market even when follow-up studies showed they didn’t extend patients’ lives, say congressional investigators. A report due out Monday from the Government Accountability Office also shows that the FDA has never pulled a drug off the […]

Britain: Spotter Cards: What They Look Like and How They Work

October 26th, 2009

Via: Guardian: This kind of highly confidential document – pictured above – is rarely seen by the public. These so-called “spotter cards” are issued by police to identify individuals they consider to be potential troublemakers because they have appeared at a number of demonstrations. The photographs are drawn from police intelligence files. This card was […]

Roubini Doesn’t Like Gold, Unless We’re Headed for “Armageddon”

October 26th, 2009

Via: Yahoo Finance: Nouriel Roubini believes that a “wall of liquidity” is chasing all kinds of assets, yet once the economy disappoints expectations, it will all come crashing down. Yet for Dr. Doom, gold isn’t the answer. According to him, despite the temporarily asset bubbles right now, we’re still in a deflationary world and we’ll […]

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