The eastern Baltic cod stock has recently started to recover, after two decades of severe depletion, however with unexpected side-effects. While the numbers of cod are increasing, the biomass of sprat and herring, a major prey for adult cod, is at a historic low in the main distribution area of cod. Consequently, the cod are [...]
Monday, 20 August 2012 08:32
Around 1000 people per day are still losing their jobs in Greece with the percentage of the population not working now uncomfortably larger than those who are employed. This is creating drastic – or perhaps more aptly philosophical – reflections by its people. As the BBC reports, the feeling in Greece is that a “whole [...]
Monday, 20 August 2012 08:07
In a scene that brought with it echoes of the Los Angeles Police Department’s most infamous moment, residents filmed four officers holding down and punching a young man picked up outside his home for allegedly skateboarding on the wrong side of the street. According to KTLA-TV, a protest is being planned for Monday in support [...]
Monday, 20 August 2012 08:04
WikiLeaks founder Julian Assange is keeping busy inside Ecuador’s London embassy by working on his computer, exercising on a treadmill and cooking food in his microwave, according to friends. Vaughan Smith, a former army officer who hosted 41-year-old Assange at his English mansion for more than a year while the Australian was under house arrest, [...]
Monday, 20 August 2012 08:03
There is plenty of talk about the looming Fiscal Cliff, but like so many other downside risks in this market, investors are not positioned for it as they appear convinced that it won’t be allowed to happen or some compromise will occur. We remain on the side of the fence where nothing will occur; no [...]
Monday, 20 August 2012 08:00
Is the gruesome death of this amateur inventor a metaphor for our relationship to the technology that has pervaded our everyday lives? Reported by New Zealand’s Stuff: Police have confirmed the death of a man found in South Auckland on Monday was accidental, and it is understood it was the result of home experiment which [...]
Monday, 20 August 2012 07:54
Nancy Grace: ‘Plastic is better than Silver.”
Monday, 20 August 2012 07:53
From RanSquawk ECB says reports that it will cap periphery bond yields and intervene should the cap be breached are “absolutely misleading” Bundesbank reiterates its anti-ECB bond buying programme stance in the monthly bulletin Bundesbank says German growth may be hit harder by Eurozone crisis from Q3 (Read more…) Market Re-Cap A weekend article from [...]
Monday, 20 August 2012 07:41
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Monday, 20 August 2012 07:37
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Monday, 20 August 2012 07:20
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Monday, 20 August 2012 07:13
From Mark Grant, author of Out of the Box Living In A Land Beyond Belief Europe has taken to making comments and engaging in either great promises of future events or the denials of any epitaphs on any gravestones in the days that separate Friday from Monday. The markets are closed these days and it [...]
Monday, 20 August 2012 06:56
Mexico’s federal police have replaced all 348 officers responsible for security at the capital’s biggest airport after three agents were killed by corrupt colleagues smuggling drugs from Peru. The Ministry of Public Security said the officers had been reassigned to different states. One of the three police agents sought in the June 25 shooting at [...]
Monday, 20 August 2012 06:56
Iceland Was Right, We Were Wrong: The IMF
Monday, 20 August 2012 06:53
The market has reached a level where only recurring hopes and prayers of incremental monetization and easing by one or more central banks have any impact. For the past two months it has been primarily the ECB which continues to talk a lot but do nothing, with infrequent and false speculation that the Fed will [...]
Monday, 20 August 2012 06:53
Somalia’s newly selected parliament will convene for its inauguration Monday under the protection of African Union troops at Mogadishu airport, the UN said, after lawmakers appealed for protection. The parliament’s interim speaker Musa Hassan Abdallah issued an urgent request Monday to the UN Political Office for Somalia (UNPOS) requesting an “alternative place of safe haven” [...]
Monday, 20 August 2012 06:49
South Korea’s ruling party overwhelmingly voted for the daughter of an assassinated dictator to be its presidential candidate Monday, the first time a major party has chosen a woman to run for the post. Veteran politician Park Geun-Hye – whose mother was killed by a pro-North Korean agent – secured a landslide 84 percent of [...]
Monday, 20 August 2012 06:44
A Chinese court on Monday handed the wife of disgraced political leader Bo Xilai a suspended death sentence for murder in a case that has rocked the Communist party ahead of a 10-yearly power handover. Gu Kailai was found guilty of murdering British businessman Neil Heywood, a crime she had confessed to, and given the [...]
Monday, 20 August 2012 06:40
The United Nation’s troubled observer mission to Syria has officially ended after being recalled amid escalating violence as world powers fail to agree how to end months of bloodshed in the country. The mandate of the UN Supervision Mission in Syria (UNSMIS) expired at midnight Sunday after a roughly four-month deployment in which its work [...]
Monday, 20 August 2012 06:37
Myanmar said it had abolished media censorship on Monday in the latest in a series of rapid democratic reforms, delighting journalists who lived for decades under the shadow of the censors’ marker pen. Draconian pre-publication checks – applied in the past to everything from newspapers to song lyrics and even fairy tales – were a [...]
Monday, 20 August 2012 06:33
Pakistan shut down mobile phone networks overnight in major cities to prevent Taliban and Al-Qaeda attacks as celebrations began for the biggest Muslim festival of the year. The draconian security measure kicked in on Sunday at 8:00 pm (1500 GMT), at a time when millions ordinarily telephone friends and relatives with greetings for Eid al-Fitr. [...]
Monday, 20 August 2012 06:30
Scientists and birdwatchers have discovered 10 new owl species in the Philippines, using advanced recording equipment that can distinguish between their hoots, a conservation official said. Eight of the new species were previously considered sub-species while two are totally new, said Lisa Paguntalan, field director of Philippines Biodiversity Conservation Program. “There is no significant variation [...]
Monday, 20 August 2012 06:23
We said hours until the latest ECB rumor was dismissed. We meant minutes: ECB SAYS BOND YIELD TARGETS HAVE NOT BEEN DISCUSSED BY THE COUNCIL. (Read more…) ABSOLUTELY MISLEADING TO REPORT ON DECISIONS NOT YET TAKEN WILL ADHERE STRICTLY TO ITS MANDATE Socialists everywhere crushed. And now, time for Spiegel to cite “unnamed sources” that [...]
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