28 July 2012, fire fighters are still busy fighting numerous wild fires throughout eastern & southeastern Idaho. July is the official start to the wildfire season in Idaho, but so far 58 fires have raged since the beginning of the year!
27July 2012, new fire Fort Hall Reservation (east of Blackfoot), […] Continue Reading…
“It is true, we are working on the deployment of Russian naval bases outside Russian territory.”-Vice Admiral Viktor Chirkov, Russian navy
27 July 2012, the Russian navy announced they will re-open Soviet era naval bases around the world, including bases in Vietnam, Cuba (the “backyard” of the U.S.) and Seychelles.
27 July 2012, among warmongering reports from U.S. mainstream media, Poland announces that it has closed its embassy in Syria and is evacuating all Polish nationals!
Up to this point it was the Polish embassy that was acting as the diplomatic representative for the United States.
Reuters is reporting that an unnamed source in Qatar claims […] Continue Reading…
26 July 2012, the European Union’s European Commission is asking its members to pass a new law making currency and interest rate manipulation a crime.
The scandal involves mainly U.S. and British Too Big to Fail banks and the British based LIBOR, Belgium based EURIBOR and Japan based TIBOR systems. Recently it was revealed that […] Continue Reading…
“How much longer can Hoku Corp keep the tsunami of debt, liabilities, liens, foreclosures and material breaches of contract at bay? What’s the delay in filing for bankruptcy protection? I believe that it may be driven by their energetic attempts to sell their solar subsidiary before the much tighter restrictions on selling assets that […] Continue Reading…
“The proceeds of the Term Loan Agreement will be used for debt repayment, to finance the acquisition of working capital assets, and for other general corporate purposes. On July 9, 2012, the Company used $14.8 million of the proceeds to repay its term loan with Wells Fargo Bank.”-Coldwater Creek statement
26 July 2012, Japan’s Nissan Motor has reported an increase in sales for the April to June quarter, but decreased profits.
Nissan officials said sales were up in China and North America, but, because of the rising value of the Japanese yen, and increasingly stiff competition, the overall profits fell 19.7%. Their profit was still […] Continue Reading…
“It is clear that Britain is in the midst of the most prolonged period of stagnation it has faced in decades.”-John Longworth, British Chambers of Commerce
25 July 2012, Office for National Statistics announced another drop in GDP, for the third month in a row, officially putting the United Kingdom back into a recession.