Archive for March, 2011
Nikkei Down Nearly 5%
March 14th, 2011Bloomberg: Bank of Japan Will Add $146 Billion to Stabilize Markets After Earthquake — Pump It: Bloomberg: Japan Adds $86 Billion to Stabilize Markets After Quake: The Bank of Japan began pouring cash into the banking system after the nation’s most powerful earthquake on record, while later today it may keep its asset- purchase plans […]
Yen Rallies on Repatriation
March 14th, 2011Via: Reuters: The yen rallied broadly early in Asia on Monday but quickly pared gains in volatile trade as nervous traders waited to see what action Japanese officials will take to keep markets calm after Friday’s massive earthquake and tsunami hit the country. The Japanese currency had risen sharply on Friday on talk of repatriation […]
Probably No Civil or Criminal Charges Over Lehman Brothers’ Activities
March 13th, 2011*Shaking head* *Mumbling incoherently* Via: Wall Street Journal: The U.S. government’s investigation into the collapse of Lehman Brothers Holdings Inc. has hit daunting hurdles that could result in no civil or criminal charges ever being filed against the company’s former executives, people familiar with the situation said. In recent months, Securities and Exchange Commission officials […]
Some Airport X-Ray Body Scanners Radiation Levels Are 10 Times Higher Than Expected
March 13th, 2011Via: WSTP: The Transportation Security Administration announced Friday that it would retest every full-body X-ray scanner that emits ionizing radiation – 247 machines at 38 airports – after maintenance records on some of the devices showed radiation levels 10 times higher than expected. The TSA says that the records reflect math mistakes and that all […]
EMERGENCY JAPAN: 9.1 MAGNITUDE EARTHQUAKE
March 11th, 2011Rolling Blackouts Begin Monday Via: Reuters: Tokyo Electric Power Co said on Sunday that it would conduct its first-ever rolling blackout from Monday to help prevent an unexpected large-scale power outage after a powerful earthquake shut two nuclear plants indefinitely on Friday. Blackouts will be conducted in turns at five areas in nine prefectures that […]
Utah Legislature Backs Gold and Silver as Legal Tender; Full Value of Metal, Not Just Face Value
March 11th, 2011Via: Salt Lake Tribune: The Senate gave final approval Thursday to a bill taking the first step to recognize gold and silver as legal tender in the state. It voted 16-7 to pass HB317, and sent it to Gov. Gary Herbert for his signature. The measure would recognize as legal tender gold and silver coins […]
Saudi Arabia: Police Broke Up Protest; Used Stun Grenades, “Rubber or Live Bullets”
March 10th, 2011Monitoring… Via: Reuters: Saudi police used force to disperse a demonstration by minority Shi’ites on Thursday, injuring up to four people on the eve of a day of protests called for on social media, witnesses and activists said. Shots were heard near a protest by around 200 Shi’ites in the town of Qatif in Saudi […]
Florida: Proposed Legislation Would Make Photographing a Farm Without Permission a Felony
March 10th, 2011Via: New York Times: Photographers — perhaps including some ghosts from Farm Security Administration days — are astir at news of a bill introduced by State Senator Jim Norman of Florida that would make it a felony to take a picture of a farm without the owner’s permission: A person who photographs, video records or […]
NATO Kills Cousin of Afghan President Hamid Karzai
March 10th, 2011Via: BBC: A relative of Afghan President Hamid Karzai has been mistakenly killed by Nato troops in southern Afghanistan, officials say. Yar Muhammad Khan was at his home in Dand district near Kandahar city when he was shot dead in an overnight raid. Nato says it is investigating the incident. Hundreds of Afghans took to […]
Drug That Prevents Preterm Labor Goes from $10 to $1,500
March 10th, 2011Via: AJC / AP: The price of preventing preterm labor is about to go through the roof. A drug for high-risk pregnant women has cost about $10 to $20 per injection. Next week, the price shoots up to $1,500 a dose, meaning the total cost during a pregnancy could be as much as $30,000. That’s […]
