Archive for July, 2011

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Foxconn: 1 Million Robots in 3 Years

July 31st, 2011

Via: Xinhua: Taiwanese technology giant Foxconn will replace some of its workers with 1 million robots in three years to cut rising labor expenses and improve efficiency, said Terry Gou, founder and chairman of the company, late Friday. The robots will be used to do simple and routine work such as spraying, welding and assembling […]

Tentative Debt Deal Might Happen; $2.4 Trillion Debt Ceiling Increase Supposedly Tied to $2.4 Trillion in Cuts

July 31st, 2011

Deal Almost Complete; No Vote Today Forex is underway. So far, it mostly just looks like the usual noise. NZD/USD broke higher again, however, and hit a new record high of .8842 intraday. Gold is selling off a bit, down 1% right now. Major Asian equity markets are all green; Nikkei up 1.65%. I’ll be […]

Cryptogon Readers Send Contributions in Second Half of July

July 31st, 2011

Thank you very much. Eileen $85 DB £20 MW $20 CM $30 DJ $50 Arcturus $5 FH $75 JG $60 JS $20

Goldman Sachs Manipulating Aluminum Prices with Warehouse Scam

July 31st, 2011

If the left hand isn’t sharing information with the right hand, with hundreds of millions of dollars in potential trading profits hanging in the balance, I’m Santa Claus. —Usual Suspects Now Heavily Involved with Commodity Warehousing Via: Reuters: In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable […]

Libyan Rebel Commander Killed by Allied Militia

July 31st, 2011

Via: Reuters: Libyan rebels say the gunmen who shot dead their military chief were militiamen allied in their struggle to overthrow Muammar Gaddafi, raising questions about divisions and lawlessness within rebel ranks. The assassination of Abdel Fattah Younes, apparently by his own side, has hurt the opposition just as it was winning broader international recognition […]

The Essential Rules Of Tyranny

July 30th, 2011

Via: Alt-Market: As we look back on the horrors of the dictatorships and autocracies of the past, one particular question consistently arises; how was it possible for the common men of these eras to NOT notice what was happening around them? How could they have stood as statues unaware or uncaring as their cultures were […]

Berkeley Researchers Find Insidious Web Tracking Technique

July 30th, 2011

Update: Ghostery Blocks KissMetrics Crap By Default I found a list of sites that use the KissMetrics nonsense and I went to one using Firefox. Ghostery detected and blocked KissInsights and KissMetrics by default. Just FYI: Although I’ve mentioned addons like Ghostery, AdBlock+ and NoScript for years, these prevent me from earning commissions on your […]

Bavaria: Experts Baffled by Mysterious Underground Chambers

July 30th, 2011

Via: Der Spiegel: There are more than 700 curious tunnel networks in Bavaria, but their purpose remains a mystery. Were they built as graves for the souls of the dead, as ritual spaces or as hideaways from marauding bandits? Archeologists are now exploring the subterranean vaults to unravel their secrets. Research Credit: ottilie

Japan’s Largest Supermarket Chain Tests Beef for Radiation

July 30th, 2011

Via: International Supermarket News: Aeon, Japan’s largest supermarket chain, has carried out independent tests to ensure the safety of the beef products it sells. The move comes as the Japanese government requested a ban on shipments of cattle from a second prefecture, after detecting caesium levels as high as twice government-set limits in beef from […]

Naser Jason Abdo

July 29th, 2011

Via: ABC News: A U.S. serviceman is in custody after he allegedly admitted he was planning an attack on his fellow servicemen at the U.S. Army base at Fort Hood, Texas, the same base where 13 people were killed in a 2009 terror attack. U.S. officials told ABC News an AWOL soldier, identified by the […]

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