Archive for November, 2009
Dubai in Deep Water as Ripples from Debt Crisis Spread
November 27th, 2009Via: Times Online: Fears of a dangerous new phase in the economic crisis swept around the globe yesterday as traders responded to the shock announcement that a debt-laden Dubai state corporation was unable to meet its interest bill. Shares plunged, weak currencies were battered and more than £14 billion was wiped from the value of […]
Japanese Officials Show Concern as Dollar Slides
November 27th, 2009Via: New York Times: Japanese policy makers on Friday became increasingly vocal about the strength of the yen after the Japanese currency hit a 14-year high against the dollar, fueling speculation that the government may step into the market to artificially weaken the currency. The dollar briefly fell to 84.82 yen — surpassing Thursday’s low […]
U.S. Mint Runs Out of One Ounce Gold Coins
November 27th, 2009Via: Reuters: The U.S. Mint said on Wednesday it will suspend sales of the popular American Eagle 1-ounce bullion coins as rising demand depleted its inventory. “The United States Mint has depleted its current inventory of 2009 American Eagle 1-ounce gold bullion coins due to the continued strong demand for this product,” the Mint told […]
Germany: Prosecutor to Homeschoolers: No Compromise—You’re Going to Jail
November 27th, 2009Via HSLDA: Juergen and Rosemary Dudek of Archfeldt, Germany, were sentenced to 90 days in prison in July 2008 because they homeschool their children. Their sentence was overturned by an appeals court because of a legal error, and a new trial was ordered. Their new trial began November 16. German news reports indicate the judge […]
Blackwater’s Secret War in Pakistan
November 26th, 2009Via: The Nation: At a covert forward operating base run by the US Joint Special Operations Command (JSOC) in the Pakistani port city of Karachi, members of an elite division of Blackwater are at the center of a secret program in which they plan targeted assassinations of suspected Taliban and Al Qaeda operatives, “snatch and […]
Pound Falls Broadly on Dubai Debt Problems
November 26th, 2009Coincidence: London Stock Exchange Halted Via: New York Times / Reuters: Sterling fell on Thursday, with the euro hitting a one-month high against the UK currency, on worries about British banks’ exposure to debt problems in Dubai and concern over UK economic health. The pound also fell sharply against the dollar, which recovered some of […]
Obama Regime Keeps Landmine Policy in Place
November 26th, 2009Via: Washington Post: A review of U.S. landmines policy is ongoing and will take awhile to complete, a State Department spokesman said on Wednesday, clarifying an earlier comment that the Obama administration had concluded it needed the weapons. “The administration is committed to a comprehensive review of its landmines policy. That review is still ongoing,” […]
Britain: Arrests Are Being Made to Expand DNA Database
November 26th, 2009Via: Times Online: Police are routinely arresting people simply to record their DNA profiles on the national database, according to a report published today. It also states that three quarters of young black men are on the database. The finding risks stigmatising a whole section of society, the equality watchdog has warned. The revelations will […]
London Stock Exchange Halted
November 26th, 2009Mmm hmm. Via: CNBC / AP: LONDON – The London Stock Exchange PLC has halted electronic trading because of technical issues. The LSE says the break to trading on Thursday is due to connectivity issues, but it hasn’t yet determined the root cause of the problem. The exchange has placed all order-driven securities in to […]
EMERGENCY: USDJPY
November 26th, 2009WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Update: Dollar Hits 14-Year Low in 86 Yen Zone in Tokyo Via: Kyodo: The U.S. dollar hit a 14-year low in the upper 86 yen level early Thursday afternoon in Tokyo as it remained weak across the board on persistent speculation […]
