Archive for February, 2011

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Oil

February 23rd, 2011

Warning: This is not a recommendation to buy, sell or hold any financial instrument. Here’s a flashback from November 2010: Oil Could Be On Brink Of Terrifying Move Higher. If you’re doing well on the longside of oil, just keep an eye on that U.S. Dollar Index. It’s nearing uptrending support (drawn from daily swing […]

Wealthy Businessman Linked to Congo Gold Smuggling Jet [Wait for It] ‘Was Recently Appointed to an Advisory Post in the Obama Administration’

February 23rd, 2011

Update: Kenyan Killed in Congo Gold Smuggling Probe Via: Reuters: A senior Kenyan official has been shot dead while investigating gold smuggling from eastern Democratic Republic of Congo (DRC), Kenyan police said on Monday. Eric Kiraithe, a police spokesman, said the man was an official at Kenya’s Revenue Authority. “We have not arrested any suspects […]

Highest Gas Prices in February Since 1990

February 23rd, 2011

Via: ABC News: Weekly gas prices skyrocketed, according to the Department of Energy, driven by the popular revolts spreading across the Middle East. The U.S. weekly average price per gallon is $3.19, up 54 cents from a year ago, and slightly higher than last week’s $3.14. This was the highest price posted during the month […]

Seattle-Area Restaurant Refuses to Serve TSA Agents

February 23rd, 2011

Via: Consumerist: Fed up with what he views as crappy treatment from the TSA, the owner of a restaurant near Seattle-Tacoma International Airport has decided to put all TSA agents on his No-Eat List. “We have posted signs on our doors basically saying that they aren’t allowed to come into our business,” one employee tells […]

Not Confirmed: Gaddafi Has Ordered Security Services to Start Sabotaging Oil Facilities

February 23rd, 2011

Note: The source of this information is a Robert Baer, a former CIA case officer. Batteries not included. Your mileage may vary. Monitoring… Via: Time: There’s been virtually no reliable information coming out of Tripoli, but a source close to the Gaddafi regime I did manage to get hold of told me the already terrible […]

U.S. Government Pays HBGary for Rootkits

February 22nd, 2011

Via: Ars Technica: In 2009, HBGary had partnered with the Advanced Information Systems group of defense contractor General Dynamics to work on a project euphemistically known as “Task B.” The team had a simple mission: slip a piece of stealth software onto a target laptop without the owner’s knowledge. Research Credit: RJ

TSA Agent Able to Smuggle Handgun Through Enhanced-Imaging Body Scanners Without Fail

February 22nd, 2011

Via: NBC: An undercover TSA agent was able to get through security at Dallas/Fort Worth International Airport with a handgun during testing of the enhanced-imaging body scanners, according to a high-ranking, inside source at the Transportation Security Administration. The source said the undercover agent carried a pistol in her undergarments when she put the body […]

Army Wants Rapid-Fire Rubber Bullets for Crowd Control

February 22nd, 2011

Via: New Scientist: THE US army is planning to field “rubber bullets” for machine guns. Military officials claim the ammunition will allow them to more effectively quell violent protests without loss of life, but human rights campaigners are alarmed by the new weapon. The final design for the XM1044 round has not been selected, according […]

Cables Show China Used Debt Holdings to Press U.S.

February 22nd, 2011

Duh. Via: AFP: Leaked diplomatic cables vividly show China’s willingness to translate its massive holdings of US debt into political influence on issues ranging from Taiwan’s sovereignty to Washington’s financial policy. China’s clout — gleaned from its nearly $900 billion stack of US debt — has been widely commented on in the United States, but […]

Iranian Warships Enter Suez Canal

February 22nd, 2011

Monitoring… Via: Bloomberg: Iranian warships have begun crossing the Suez Canal for the first time since 1979 as Israel stressed its objection to their planned voyage to Syria. The two ships entered the canal early today after the approval of Egypt’s Defense Ministry, the state-run Middle East News Agency cited Ahmed El Manakhly, head of […]

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