Archive for March, 2011
Yemeni Forces Open Fire at Protest, 30 Dead
March 18th, 2011Via: Reuters: Yemeni security forces and unidentified snipers opened fire at a protest in Sanaa after Muslim prayers Friday, killing at least 30 people and wounding 200 others, medical sources and witnesses told Reuters.
Commander of U.S. Military Forces in the Pacific On Prospect of Reactors Being Abandoned to Melt Down: ‘That Can’t Happen’
March 18th, 2011Reminder: Voice of America is the official propaganda outlet of the U.S. Government. Via: Voice of America: The commander of U.S. military forces in the Pacific says he is sending his troops into the danger zone near the Japan’s crippled nuclear power plants as needed, and if necessary he will send more to help prevent […]
U.S. Cost of Living Hits Record, Passing Pre-Crisis High
March 18th, 2011Via: CNBC: A special index created by the Labor Department to measure the actual cost of living for Americans hit a record high in February, according to data released Thursday, surpassing the old high in July 2008. The Chained Consumer Price Index, released along with the more widely-watched CPI, increased 0.5 percent to 127.4, from […]
JAPAN WEIGHS NEED TO BURY NUCLEAR PLANT
March 18th, 2011Via: Reuters: Japanese engineers conceded on Friday that burying a crippled nuclear plant in sand and concrete may be a last resort to prevent a catastrophic radiation release, the method used to seal huge leakages from Chernobyl in 1986. But they still hoped to solve the crisis by fixing a power cable to two reactors […]
G7 Intervention on Yen
March 18th, 2011It had to happen. Anyway, there’s the “free market” for you. There’s a lot of mythology about free markets in mainstream texts books and corporate media, but when the wheels come off the cart in Fiat Currency Hell (and have no doubt about it, the wheels came off the cart with this Yen thing), the […]
GM Closing Pickup Plant for Lack of Japanese Parts
March 18th, 2011Via: USA Today: General Motors plans to halt production Monday of the Chevrolet Colorado and GMC Canyon compact pickups made at Shreveport, La., because some parts come from Japan and aren’t available now. The GM move is the first production halt directly linked to the March 11 earthquake and tsunami that wiped out portions of […]
UN APPROVES NO-FLY ZONE OVER LIBYA
March 17th, 2011Update: UN Approves No-Fly Zone Over Libya Via: Los Angeles Times: The U.N. Security Council has voted to authorize a no-fly zone and other military action against the regime of Libyan leader Moammar Kadafi. The vote was 10 to 0, with five abstentions. The five were China, Russia, Brazil, India and Germany. Military officials in […]
Big Picture Gallery: Japan: Hopes Fade for Finding More Survivors
March 17th, 2011Via: Boston Globe / Big Picture: As officials desperately tried to prevent disaster at a damaged nuclear facility, hopes faded for finding survivors amid the rubble as snow and cold blanketed the areas most affected by the earthquake and tsunami in northeast Japan. Residents were allowed back into damaged areas for the first time since […]
Power Restored to Cooling System of Reactor Two at Fukushima Daiichi
March 17th, 2011Finally, a bit of good news. I hope it’s real. Via: Cnet: The Tokyo Electric Power Co. has successfully restored power to part of a dangerously overheating nuclear power plant damaged by last week’s earthquake and tsunami, a key move in efforts to cool the site. The power company, also called Tepco, connected a power […]
Natural Gas Futures Surge Most in Eight Months on Storage Drop
March 17th, 2011WARNING: This is not a recommendation to buy, sell, or hold any financial instrument. 😉 Via: Bloomberg: Natural gas futures rose the most in eight months after a government report showed a bigger-than- forecast U.S. stockpiles decline. Gas posted its biggest percentage gain since July 15 after the Energy Department said inventories fell 56 billion […]
