Greece's Credit Rating Slashed by Moody's
The ranking is the lowest among the 16 euro-member states and the same as that of Poland and Botswana. Moody’s said in a statement today the new rating carries a “negative” outlook, meaning it’s more inclined to cut it again than leave it unchanged or raise it.
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Castro Claims US Trying to Destabilize Cuba
The president also accused Washington of organizing protests to make it appear that the communist-run island is cracking down on opposition.
When Barack Obama was elected U.S. president, Castro indicated he would take a wait-and-see approach with the new government to see if there were any changes from past administration.
Not seeing any changes to his liking, Castro has declared the honeymoon period over.
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Tuesday, December 22, 2009
Sunday, December 20, 2009
Today's Headlines: 12/20/09
2009 Bank Failure Counter: 140
WASHINGTON — Regulators on Friday shut down two big California banks, as well as banks in Alabama, Florida, Georgia, Michigan and Illinois, bringing to 140 the number of U.S. banks brought down this year by the weak economy and mounting loan defaults.
The Federal Deposit Insurance Corp. took over all seven.
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Citadel Broadcasting Files for Bankruptcy
In documents filed in U.S. Bankruptcy Court for the Southern District of New York, Las Vegas-based Citadel (CTDB) listed total assets at Oct. 30 of $1.4 billion and total debt of $2.46 billion.
WASHINGTON — Regulators on Friday shut down two big California banks, as well as banks in Alabama, Florida, Georgia, Michigan and Illinois, bringing to 140 the number of U.S. banks brought down this year by the weak economy and mounting loan defaults.
The Federal Deposit Insurance Corp. took over all seven.
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Citadel Broadcasting Files for Bankruptcy
In documents filed in U.S. Bankruptcy Court for the Southern District of New York, Las Vegas-based Citadel (CTDB) listed total assets at Oct. 30 of $1.4 billion and total debt of $2.46 billion.
Friday, December 11, 2009
Today's Headlines: 12/11/09
Britain Plans to Cut Back Food Production to Fight Global Warming
The UK's retail supply system would also be affected – the SDC report recommends that people reduce energy consumption by shopping more on foot or over the internet and that they replace bottled water with tap water.
NOTE: Above article mentions nothing about rising prices and the effects on the population as a consequence.
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New Claims for Unemployment Benefits Rise to 474,000
WASHINGTON (AP) — The number of newly laid-off workers applying for unemployment benefits rose more than expected in the latest week, after falling for five straight weeks.
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Canadian National Newspaper Calls for Global One Child Policy to Battle Global Warming
By 2075, there would be 3.43 billion humans on the planet. This would have immediate positive effects on the world's forests, other species, the oceans, atmospheric quality and living standards.
The UK's retail supply system would also be affected – the SDC report recommends that people reduce energy consumption by shopping more on foot or over the internet and that they replace bottled water with tap water.
NOTE: Above article mentions nothing about rising prices and the effects on the population as a consequence.
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New Claims for Unemployment Benefits Rise to 474,000
WASHINGTON (AP) — The number of newly laid-off workers applying for unemployment benefits rose more than expected in the latest week, after falling for five straight weeks.
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Canadian National Newspaper Calls for Global One Child Policy to Battle Global Warming
By 2075, there would be 3.43 billion humans on the planet. This would have immediate positive effects on the world's forests, other species, the oceans, atmospheric quality and living standards.
Thursday, December 10, 2009
Today's Headlines: 12/10/09
500 Jobs Cut in West Virginia's Coal Mines Due to Enviornment...
And There's Going to Be a Lot More Where That Came From...
A Pittsburgh-based coal company, CONSOL Energy, will lay off nearly 500 of its West Virginia workers next year and its CEO blames environmentalists dead-set against mountaintop mining who have waged “nuisance” lawsuits for the job loss.
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Geithner Plans to Expand "Banker-Bailout" Until Late 2010
WASHINGTON — A day ahead of testimony in which he's sure to be grilled about the controversial taxpayer-funded bank bailout program, Treasury Secretary Timothy Geithner announced Wednesday that he wants to extend it into late 2010.
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Wednesday, December 9, 2009
Today's Headlines: 12/09/09
Greece Bankruptcy Could Damage Reputation of Euro; Strengthen Dollar
LONDON (MarketWatch) -- Greece on Tuesday became the first country in the 16-nation euro zone to see its debt rating cut to below single-A as worries mounted over its ability to fix its deteriorating finances, sending Greek shares and government bonds sharply lower and weighing on the European single currency.
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Dubai World Writes Off Huge Loss on NYC Property
LEM, an affiliate of Lubert-Adler Real Estate Funds, won an auction for the mezzanine debt on the luxury Manhattan hotel, which was purchased by Istithmar in 2006 for $285 million. LEM bid $2 million for the debt.
LONDON (MarketWatch) -- Greece on Tuesday became the first country in the 16-nation euro zone to see its debt rating cut to below single-A as worries mounted over its ability to fix its deteriorating finances, sending Greek shares and government bonds sharply lower and weighing on the European single currency.
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Dubai World Writes Off Huge Loss on NYC Property
LEM, an affiliate of Lubert-Adler Real Estate Funds, won an auction for the mezzanine debt on the luxury Manhattan hotel, which was purchased by Istithmar in 2006 for $285 million. LEM bid $2 million for the debt.
Tuesday, December 8, 2009
Today's Headlines: 12/08/09
Obama Declares Green House Gases, "Hazards"
The US government has declared greenhouse gases a human health hazard, meaning Barack Obama can sidestep congress to order cuts in emissions.
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Climategate Blowing Lid on Nazi Agenda at Copenhagen
On Tuesday November 17, a substantial file including over 1,000 emails either sent from or sent to members of the Climatic Research Unit (CRU) at the University of East Anglia in eastern England, were allegedly hacked and leaked onto the Internet.
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The US government has declared greenhouse gases a human health hazard, meaning Barack Obama can sidestep congress to order cuts in emissions.
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Climategate Blowing Lid on Nazi Agenda at Copenhagen
On Tuesday November 17, a substantial file including over 1,000 emails either sent from or sent to members of the Climatic Research Unit (CRU) at the University of East Anglia in eastern England, were allegedly hacked and leaked onto the Internet.
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Monday, December 7, 2009
Today's Headlines: 12/07/09
2009 Bank Failure Counter: 130
WASHINGTON — Regulators on Friday shut down Ohio's AmTrust Bank, the fourth-largest bank to fail this year. They also closed five others, bringing to 130 the number of U.S. banks to be brought down so far in 2009 by recession and mountains of bad debt.
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More on Global Warming Scam:
'Poor Al Gore. Global warming completely debunked via the very Internet you invented. Oh, oh, the irony!"
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Climategate Cont'd
In 1974, the National Science Board announced: "During the last 20 to 30 years, world temperature has fallen, irregularly at first but more sharply over the last decade. Judging from the record of the past interglacial ages, the present time of high temperatures should be drawing to an end…leading into the next ice age."
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Jordan Asks Thailand to Help Them Make Rain
AMMAN - The government is planning to benefit from Thailand’s know-how in an artificial rainmaking process to be implemented during drought seasons in the Kingdom.
WASHINGTON — Regulators on Friday shut down Ohio's AmTrust Bank, the fourth-largest bank to fail this year. They also closed five others, bringing to 130 the number of U.S. banks to be brought down so far in 2009 by recession and mountains of bad debt.
*
More on Global Warming Scam:
'Poor Al Gore. Global warming completely debunked via the very Internet you invented. Oh, oh, the irony!"
*
Climategate Cont'd
In 1974, the National Science Board announced: "During the last 20 to 30 years, world temperature has fallen, irregularly at first but more sharply over the last decade. Judging from the record of the past interglacial ages, the present time of high temperatures should be drawing to an end…leading into the next ice age."
*
Jordan Asks Thailand to Help Them Make Rain
AMMAN - The government is planning to benefit from Thailand’s know-how in an artificial rainmaking process to be implemented during drought seasons in the Kingdom.
Sunday, December 6, 2009
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