23 August 2012, the Bank of England tried to make it look as though flooding the markets with cash is benefiting everyone. But their own words revealed the truth: “…asset purchases have boosted the value of households’ financial wealth held outside pension funds, although holdings are heavily skewed, with the top 5% of households […] Continue Reading…
23 August 2012, Australia’s Quantas Airways reported its first yearly loss since it was privatized 17 years ago.
Quantas lost $250 million USD from June 2011 to June 2012. The airline blames the high cost of fuel, coupled with flight cancellations and employee strikes.
The loss means that Quantas will now put on hold a huge […] Continue Reading…
23 August 2012, after buying back control of its Swedish cell phone operation, Sony announced it will lay off 15% of the employees.
Sony will also move most of the Mobile Communication division back to Japan.
Until Sony’s buyback, the Mobil Communication division was a joint venture with Sweden’s Ericsson. The cuts are on top of […] Continue Reading…
“With 96% of the world’s population and 80% of the world’s wealth being outside of the United States, the international market opportunities for agricultural products are great.”-Idaho Department of Agriculture
According to the Idaho Department of Agriculture, farm exports are up 15% compared to 2011, and 2011 was a record setting year!
“Canada and Mexico are […] Continue Reading…
Famous last words: “Sustainable, renewable energy is going to play a big role in Idaho’s future.”-Butch Otter, current Governor of Idaho, 2011 statement
Reality check: “New projects are non-existent. There’s no support for renewables in this state.”-Peter Richardson, Boise attorney
As of 21 August 2012, Hoku Corporation stock was worth only 9 cents per share!
According to a […] Continue Reading…
“That’s a significant number. We should expect more. We are about to hit our peak and we still have another month when the majority of cases are going to occur.”-Kristy Murray, infectious disease specialist Baylor College of Medicine
On 22 August 2012, the CDC announced a huge jump in cases. At least 40 deaths country […] Continue Reading…
“…HP carries so much weight in the area, when they do something, when HP sneezes, you know, there is a ripple effect.”-Matt Rissell, Idaho Technology Council’s Software Alliance, interview with Boise State Public Radio
22 August 2012, Hewlett Packard (HP) is expected to report a record quarterly loss of almost $9 billion USD. It’s the […] Continue Reading…
21 August 2012, the Environment Ministry of Japan has revised upward the estimated amount of radioactive waste in nine prefectures around Fukushima Daiichi.
As of now, there is 42,575 tons of waste, containing radioactive cesium levels of more than 8,000 becquerels per kilogram, in storage. Officials originally estimated that only 50,000 tons of debris would […] Continue Reading…
21 August 2012, Tokyo Electric Power Company (TEPCo) announced it has caught fish near the failed Fukushima Daiichi reactors that have as much as 38,000 becquerels per kilogram of radioactive cesium!
TEPCo says they’ve caught 20 kinds of fish and shellfish from 5 locations along the Pacific coast, just 1 kilometer (0.62 mile) off Minamisoma City, […] Continue Reading…
A 45 year old Meridian Middle School counselor (in Idaho) admitted to police that he had more than one terabyte of child pornography on dozens of computers in his house. According to Ada County prosecutor, the school counselor also told cops he produced some of the porn.
A boy was found in his home and […] Continue Reading…