Archive for November, 2011
Scale Of MF Global Bankruptcy Remains To Be Seen
November 3rd, 2011Via: AgWeb: How deep this goes and the pending ripple effect to farm country, are still unknown. MF Global is a major clearing house for many agriculture traders and brokerage firms, and that could have severe effects on farmers who are actively trading.
Japanese Government Considers Building ‘Back-Up’ Tokyo
November 3rd, 2011Via: Wired: The Japanese government has unveiled radical plans to build a standby city for Tokyo’s political functions to move to in the event of a disabling earthquake or other natural disaster. The back-up city, which has been codenamed IRTBBC (Integrated Resort, Tourism, Business and Backup City) will sit 300 miles west of Tokyo on […]
GlaxoSmithKline Will Pay $3 Billion to Resolve U.S. Criminal and Civil Investigations
November 3rd, 2011Via: Bloomberg: GlaxoSmithKline Plc (GSK) agreed to pay $3 billion to resolve U.S. criminal and civil investigations into whether the U.K. company marketed drugs for unapproved uses and other matters, its biggest legal settlement. Negotiations over the terms are ongoing and will be completed next year, the London-based company said in a statement today. The […]
NYPD Holds College Student in Jail for Three Days Because She Wasn’t Carrying ID
November 3rd, 2011Via: New York Times: Early in the morning on Oct. 22, a Saturday, Ms. Zucker, 21, and her friend Alex Fischer, also 21, were stopped by the police in Riverside Park and given tickets for trespassing. Mr. Fischer was permitted to leave after he produced his driver’s license. But Ms. Zucker, on a visit to […]
Fission Detected at Damaged Fukushima Atomic Power Plant
November 2nd, 2011Via: Bloomberg: Tokyo Electric Power Co. detected signs of nuclear fission at its crippled Fukushima atomic power plant, raising the risk of increased radiation emissions. No increase in radiation was found at the site and the situation is under control, officials said. The company, known as Tepco, began spraying boric acid on the No. 2 […]
U.S. Government Glossed Over Cancer Concerns As It Rolled Out Airport X-Ray Scanners
November 2nd, 2011Via: Pro Publica: On Sept. 23, 1998, a panel of radiation safety experts gathered at a Hilton hotel in Maryland to evaluate a new device that could detect hidden weapons and contraband. The machine, known as the Secure 1000, beamed X-rays at people to see underneath their clothing. One after another, the experts convened by […]
Fresh Record High for U.S. Food-Stamp Use; 45.8 Million
November 2nd, 2011Via: Bloomberg: The number of Americans receiving food stamps reached a record 45.8 million in August, the government said. … The number of Americans receiving food stamps under the Supplemental Nutrition Assistance Program has set records every month but one since December 2008.
GREEK MILITARY CHIEFS REPLACED
November 2nd, 2011Via: Telegraph: As Greek poltics grew ever more chaotic strong political protests erupted as the government moved to replace military chiefs with officers seen as more supportive of George Papandreou, the prime minister. In a surprise development, Panos Beglitis, Defence Minister, a close confidante of Mr Papandreou, summoned the chiefs of the army, navy and […]
Markets Dive on Greek Referendum
November 1st, 2011Via: BBC: US and European markets have fallen following Monday’s announcement of a Greek referendum on the latest aid package to solve its debt crisis. Eurozone leaders agreed a 50% debt write-off for Greece last week as well as strengthening Europe’s bailout fund. But the Greek move has cast doubt on whether the deal can […]
Will Be Monitoring Stock Market Sell Off
November 1st, 2011S&P500 futures are down 3% premarket. The dollar is ramping higher. FTSE 100 -3.67 DAX -6% CAC 40 -5.18 Buckle up.
