Archive for January, 2011

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Spain and Italy Have to Refinance Over $530 Billion of Bonds in the Spring

January 1st, 2011

Via: Reuters: The euro currency area has only a one-in-five chance of surviving in its current form over the next 10 years because of competitive imbalances between its members, a leading British think tank said on Friday. The Center for Economics and Business Research said Spain and Italy would have to refinance over 400 billion […]

‘Crash Taxes’ Are Growing in Popularity Among Cash-Strapped California Cities

January 1st, 2011

Let me understand this: There’s no discount on all the other taxes people pay to the state, and then they get charged by the state when there’s an emergency? Maniac fascists have no concept of enough. There’s one voice of sanity in this article: “To me, it’s an outrage. We’re already paying these people — […]

Ivory Coast on the ‘Brink of Genocide’

January 1st, 2011

A few terms that don’t appear in the story below: Oil, diamonds, cobalt, gold, iron, manganese and nickel. Cocoa, however, is mentioned. Via: Guardian: Ivory Coast is on the “brink of genocide” and the world must take urgent action, the country’s new ambassador to the UN has warned. Youssoufou Bamba also claimed that some houses […]

200,000 Australians Affected by Floods Covering Larger Area than France and Germany Combined

January 1st, 2011

Via: Telegraph: Some 200,000 Australians have been affected by flood waters covering an area larger than France and Germany combined. Military aircraft dropped supplies to towns cut off by floods as rising rivers inundated or isolated 22 towns in the state of Queensland. … Officials say half of Queensland’s 715,305 square miles is affected, after […]

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