Category Archives: Business/Economics

Business/Economics, International, U.S.

World War 3: Iranian media reports suggest that Iran is about to cut off oil to 6 European countries, lack of Human Rights in Europe being blamed

February 15, 2012, confusing reports in the Iranian media.  Unofficial sources (like PressTV, it is not an official Iranian media source) are saying that Iran has blocked oil shipments to six European countries.

However, official sources (like Islamic Republic News Agency [IRNA]) say only that ambassadors from six European countries have been summed to the Iranian government, to discuss “issues”.

The six countries are Italy, Spain, France, Greece, Portugal, and Netherlands.

The IRNA is quoting Iran’s Director General of West Europe Affaires at Foreign Ministry, Hassan Tajik: “Our response is that sanctions cannot affect Iranians’ will, rather, it will have an adverse impact on European people. Europe is in a difficult economic condition and is facing a harsh winter. Iran cannot remain indifferent towards EU oil ban. We do not have any problem in terms of finding customers for our oil and selling it to other countries. However, based on humanitarian policies and given the conditions of European countries, we have decided to send a serious message to the Europeans which are parties to oil contracts. We can instantly replace oil customers.”

In other words it seems like Iran has identified which European countries it would cut off, and has given them warning, but they have not actually cut off the oil at this point.

It’s interesting that Iran is implying that violation of human rights within Europe is a main factor in their decision to possibly cut off the oil.

Business/Economics, U.S.

Corporate Crime: Problems with Idaho’s Coldwater Creek include theft by company officials

Recently Idaho made it into the top ten for number of embezzlement cases.  The study was done by Marquet International of Wellesley, Massachusetts.

Idaho ranks 7th for business related crimes committed by employees: “Small businesses are the ones at greatest risk because, typically, they have very little infrastructure or controls. There’s no budget for it. Or no perceived need. The business owner ends up relying on a single bookkeeper for 15 years.”-Chris Marquet, Marquet International

In a recent case, former Coldwater Creek executive assistant Susan Alene Hopkins, plead guilty in November to stealing more than $250,000. Sentencing is set for March 20, 2012.

Business/Economics, International

Japan hits 2.1 million infected with H3N2 (H3N2v), New Zealand orders mandatory health screenings for airline passengers!

On February 5, 2012, the official number of people infected with H3N2v, in Japan, hit 2.1 million!  That’s more than the 2009 H1N1 outbreak.  Now Australian media reporting that New Zealand health officials are getting a little worried.

On February 13, airline passengers, on a plane arriving from Japan, were met by New Zealand health officials who made them undergo health screenings.  Some paramedics were actually dressed in full hazmat gear: “It was like we were radioactive or something. I think it freaked some people out.”-David Turner, passenger

Eventually all passengers were cleared, but the passengers and the crew of the flight say health officials gave them little info about what was going on.  The New Zealand Ministry of Health, and Auckland Regional Public Health Service are refusing to comment.  They’re also refusing to release the results of the health screenings.

Apparently some teenage Japanese passengers, on the Air New Zealand flight, had symptoms like sniffles, and a couple of them threw up.  New Zealand’s hospitals have also been put on high alert.

Business/Economics, International

What Economic Recovery? Bailout deal for Greece taking so long because Germany doesn’t think it will be paid back. Germany preparing for Greece to leave the EU

“We are ready to help. But once again: we have and want only to help if there is something in return from the Greek side.”-Philipp Roesler, German Economy Minister

Early morning February 13, the Greek Parliament approved the latest round of social cuts, despite members of Parliament threatening to quit. The move comes after German Economy Minister, Philipp Roesler, gave a TV interview in which he said it’s all about Greece being able to convince the rest of Europe that they can pay back future bailout loans.

Roesler also implied that Germany and France have been working to position the EU, so if Greece was to exit the European Union (and default) it would not have an adverse affect on the EU.  He said such a move is now “less and less scary”.

Business/Economics, International, U.S.

White Horse, Pale Green Horse & World War 3: South American sanctions are starving out Falkland Islanders

On February 11, 2012, the British Broadcasting Company (BBC) reported that people living on the Falkland (Malvinas) Islands are facing a food shortage, due to economic sanctions brought by several South American countries.

Argentina is upset because the United Kingdom failed to meet a UN resolution to discuss the return of the Islands to Argentine control.  Other South American countries became upset when the U.K. sent a sizable naval force to the Islands. They responded by halting food shipments.

Argentina, Chile, Brazil, and Uruguay, are refusing to allow ships carrying the Falklands’ flag to dock in their ports.

Argentina is threatening to shut down the only air service to the Falklands from South America. That service is provided by Chile, but it must fly through Argentine air space.

The situation has been made worse by the discovery of huge oil deposits, and the involvement of a major U.S. oil company.

I looked and there before me was a pale horse! Its rider was named Death, and Hades was following close behind him.  They were given power over a fourth of the earth to kill by sword, famine and plague, and by the wild beasts of the earth.

I looked, and there before me was a white horse! Its rider held a bow, and he was given a crown, and he rode out as a conqueror bent on conquest.

Business/Economics, International, Technology, U.S.

White Horse & World War 3: Pentagon wants “urgent” upgrade for MAP Bombs, for use against Iran

“…are trying to ensure that 20 of the bombs are battle ready, possibly for use against Iran, though officials have been tight lipped on potential targets.”-Fox News

The Wall Street Journal reported that the 30,000 pound bunker buster bombs, known as Massive Ordnance Penetrator (MAP), were designed especially for use against Iran.  The 20 MAP bombs have already cost U.S. taxpayers $330 million!

Now Boeing, the contractor who makes the bombs, says they aren’t good enough and need to be upgraded!  Pentagon officials say it’s “urgent”, which implies they need the MAP bombs upgraded right now, for war with Iran.

Congress agreed to spend another $82 million to upgrade the MAPs.

I looked, and there before me was a white horse! Its rider held a bow, and he was given a crown, and he rode out as a conqueror bent on conquest.

Business/Economics, International, U.S.

World War 3: Germany & Turkey say Israeli war against Iran will be disastrous

Germany’s Defense Minister, Thomas de Maiziere, said in an interview with Frankfurter Allgemeine that if Israel attacks Iran’s nuclear industry: “A success would be highly unlikely, and result in obvious political damage.”

Maiziere said the European Union sanctions should be allowed to go into effect before any military action takes place.  The EU sanctions will not be in place until July 2012.

Turkish officials also say war would be a mistake: “A military strike is a disaster. It should not be an option. Especially at a historic turning point in our region, we do not want to see another huge tension.”-Ahmet Davutoglu, Turkish Foreign Minister

Business/Economics, International, U.S.

What Economic Recovery? Pepsi will lay off 8,700 employees, gives axe man a $2 million bonus

PepsiCo announced that they must radically restructure if they want to stay competitive.  This comes after Pepsi fell to third place, after Diet Coke.

Pepsi will lay off 8,700 employees around the world, and then spend big bucks on advertising to get you to buy more Pepsi products. Pepsi officials declined to say exactly how many U.S. employees would lose their jobs, but did say it should not be more than 3% of their U.S. operations.

Pepsi already laid off about 3,300 people from 2008 to 2009.

But here’s the thing, the former executive who caused Pepsi’s fall, is getting a $2 million bouns!  Massimo d’Amore ran Pepsi’s Global Beverages Group until September 2011.  He ordered changes in how Pepsi was marketed.  Those changes actually hurt sales.

So, d’Amore is let go, but walks away with $3.4 million in retirement and stocks, plus $2 million in severance, while 8,700 Pepsi employees will probably get nothin’ when they get axed!  And it’s not their fault Pepsi lost sales, it’s d’Amore’s fault!  Just another argument for employees to be the owners of their own business!

Business/Economics, International, Technology

Pale Green Horse & Global Food Crisis: Nepal, India & Vietnam getting hit hard by H5N1. Vietnam says What Global Warming?

The H5N1 virus isn’t just killing people, it’s killing off the food people eat.

A week ago Nepal said it would have to kill off 4,000 poultry because of H5N1.  Well, already 8,000 poultry have died, because the virus is spreading so fast!

India says yet another poultry farm there has been hit with H5N1.  The virus itself killed off more than 5,000 birds at one farm!  Local officials have ordered the killing of all poultry within a three kilometer (1.8 miles) radius of the farm, that means tens of thousands of birds meant to feed humans will be gotten rid of.

In Vietnam, officials there are blaming the unusually cold weather on the spread of H5N1, as well as the undocumented importation of poultry.

So far nearly 300 birds died from the virus, while nearly 4,000 where put down.  At least two people in Vietnam have died from H5N1.

Vietnamese officials say they can not trace where most of the imported poultry are coming from.  They say many of the birds were brought into Vietnam, illegally, during the Lunar New Year celebrations.

I looked and there before me was a pale horse! Its rider was named Death, and Hades was following close behind him.  They were given power over a fourth of the earth to kill by sword, famine and plague, and by the wild beasts of the earth.

Business/Economics, International, Technology, U.S.

Pale Green Horse & H1N1: Mexico hit hard, thousands infected, 58 die

After what looked like a 2011 victory for Mexican health officials, the H1N1 virus is hitting back hard in 2012.

Already there are 2,815 reported cases of flu, 90% are confirmed to have H1N1.  At least 58 people have died.  93% of those who died were confirmed to have H1N1 (aka swine flu).

I looked and there before me was a pale horse! Its rider was named Death, and Hades was following close behind him.  They were given power over a fourth of the earth to kill by sword, famine and plague, and by the wild beasts of the earth.