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Authorities in San Diego are looking for the people responsible for a social media-driven water gun fight that damaged a local landmark. According to U-T San Diego, the “Balboa Park Water Gun Fight 2012,” which reportedly drew about 2,000 people to the park at midnight Saturday night, damaging the park’s lily pond, killing several koi [...]

 

For more details, please click on the link to read the article.

 

Last week we presented the aftermath of the very much unannounced “Conference of Beijing” as a result of which Africa has been slowly but surely converting to a continent controlled almost exclusively by China. However, there was one thing missing: even as China has been virtually the sole source of infrastructure funding in Africa, the [...]

 

Facebook has been accused of deceiving developers after it emerged that the social networking site did nothing to verify the security of applications it was paid tens of thousands of dollars to review, and which it assured users had been checked. It is believed Facebook was paid up to $95,000 (£60,600) by developers whose applications were entered [...]

 

For more details, please click on the link to read the article.

 

Short-term expectations of volatility, as measured by VIX, traded down close to a 13% handle this morning as the so-called ‘fear’ index dropped to practically its lowest level since July 2007. As we mentioned last week, complacency is back in more ways than just the level of VIX. Realized volatility, especially after last week’s small [...]

 

For more details, please click on the link to read the article.

 

For more details, please click on the link to read the article.

 

Expressing concerns about the Department of Justice’s independence, Republicans on the House Oversight Committee will file a civil lawsuit against U.S. Attorney General Eric Holder for refusing to release documents to Rep. Darrell Issa (R-CA) in his investigation of the Department’s “Fast and Furious” probe of Mexican gun-runners. (Read more…) “We are filing charges against [...]

 

Only hours after tea party-backed Rep. Joe Walsh (R-IL) released a statement warning that radical Islam was trying to “kill Amerians,” police say that shots from a “high-velocity air rifle” narrowly missed a security guard at the Muslim Education Center near Chicago, while about 500 Muslims prayed inside during Ramadan services. According to a statement [...]

 

Since hope re-blossomed at the start of June and was reignited by Mario’s musings, the equity markets of the US and Europe have surged in an outpouring of faith in central bank excess and policy-maker’s abilities to ‘fix’ everything (despite decades of truth that points in the exact opposite direction). But while the market levitates [...]

 

The US wind energy industry is now providing enough capacity to power 13 million homes, equivalent to all of Nevada, Colorado, Wisconsin, Virginia, Alabama, and Connecticut combined. The American Wind Energy Association (AWEA) used the annual National Clean Energy Summit in Las Vegas last week to confirm that the sector had passed the 50GW installed [...]

 

From GoldCore Olympic Calm Before Coming Financial Storm Today’s AM fix was USD 1,622.25, EUR 1,317. (Read more…)30, and GBP 1,035.33 per ounce. Friday’s AM fix was USD 1,608.50, EUR 1,310.92 and GBP 1,030.69 per ounce. Silver is trading at $28.04/oz, €22.81/oz and £17.94/oz. Platinum is trading at $1,405.30/oz, palladium at $580.10/oz and rhodium at [...]

 

Leaving your TV show midway because you had to leave your home will no longer happen as you can now ‘pull’ the program on your TV screen onto your tablet and continue watching it seamlessly.

 

For more details, please click on the link to read the article.

 

Italy just announced its all-time record high general government debt load at EUR 1.973 trillion. What is perhaps most stunning, given all the talk of austerity, cutting back, reforms, and change is that the size of this debt is growing at an ever-increasing pace that is simply stunning. Pre-Euro (1999), Italy’s debt was growing at [...]

 

Adam Ozimek tweets that I have a “well documented hate of price discrimination.” That’s a little strong, but I’ll cop to a fair amount of skepticism about the way price discrimination often plays out in the consumer world. Price discrimination is one of those things that economists adore. In theory, charging everyone the same price [...]

 

Republican presidential candidate Mitt Romney made a campaign stop in Florida on Mondday. A Reuters analysis found that Romney’s vice presidential pick of Paul Ryan could be damaging to Republicans in Florida because Ryan’s budget is particularly harsh on Medicare, and the state’s elderly population might object to such cuts. Reuters cited a Kaiser Family [...]

 

Interview with Paul Moore as discussed on Alex Jones show:

 

A brilliant final touch from Adam Yauch, who inserted an integrity clause into his will to prevent his music from ever being co-opted — if only other cultural icons past had thought to do this. Via DNAinfo: Late Beastie Boys member MCA made sure he would never be a corporate sellout — even in the [...]

 
 

This is an original news feature we made for Aljazeera English in March of 2006. Due to a delay in the launch of the global channel, however, the film didn’t air until launch week of December 2006. You will see … Continue reading →

 

Paul Ryan is Mitt Romney’s newly-selected running mate, and he has made this election one about substance!  How do we know, you might ask? I mean, after all, Romney/Ryan (heretofore referred to as “RomRy” because they are a cute cute platonic anti-gay couple) have been together two days, most of which has been spent smiling [...]

 

Egypt’s Islamist President Mohammed Morsi has denied trying to marginalize the army after he ordered the retirement of his powerful defense minister, saying he was acting in the interests of the country. However, the Egyptian press on Monday described Morsi’s move as “revolutionary”, with some saying it was aimed at ending the power of the [...]

 

Forest and land fires in Southeast Asia kill an additional 15,000 people annually when the El Niño weather phenomenon grips the region, scientists have estimated. The deaths are caused by higher particle pollution and higher local levels of ozone, both of which are stressors for the lungs and heart, they said. Environmental scientists in the [...]