1 June 2012, bad news for everyone, that is bad news for everyone playing the western (U.S./British dominated) game of capitalism (including the “communist” Chinese)!
Employment numbers did not live up to the expectations of experts in the United States. The U.S. Department of Labor reported that only 69,000 net jobs were created in May. […] Continue Reading…
“Iran is an important neighbor and crucial trade partner for India, and also a major source of our energy supplies.”-S M Krishna, External Affairs Minister of India
31 May 2012, after a meeting between Iranian and Indian officials, India made it clear that Iran was India’s number one source for oil!
Indian officials are looking to […] Continue Reading…
31 May 2012, The U.S. Department of Commerce reported that the U.S. GDP continues to stagnate at 1.9%! That was for January through March.
Once again, the experts were expecting it to be higher, like around 2.2% (which is still stagnation). The problem is that the experts were expecting business inventories to be around $69.5 […] Continue Reading…
31 May 2012, Japan’s Toyota Motor Corporation announced a huge bond sell off, to raise lots of cash in case of global economic crash!
Reuters reporting that Toyota wants $2.5 billion USD to buy new equipment, however, NHK (nippon housou kyoukai/Japan Broadcasting Corporation) is reporting that Toyota needs “…to increase its cash on hand in […] Continue Reading…
31 May 2012, Japan’s Bridgestone Tires, and a food company call Ajinomoto, have worked together to create rubber without the use of oil or rubber trees.
The process uses fermented starches, and other sugars, from food waste, or biomass. The process is able to extract a necessary ingredient in making rubber; isoprene.
If everything works out […] Continue Reading…
30 May 2012: International Security Assistance Force reports two U.S./NATO personnel killed by Mujahideen attacks, and explosions in southern Afghanistan.
At least 172 occupying personnel killed since the beginning of 2012.
According to local security officials in Badakhshan Province, at least eight cops were killed and two wounded after an attack by Mujahideen. Several police officers […] Continue Reading…
Idaho’s Coldwater Creek women’s clothing retailer just posted their 1st quarter 2012 results.
For the 1st quarter, which ended April 28, the struggling apparel company reported a loss of $23.8 million USD. But that was less than company execs thought they were going to lose!
Chairman and Chief Executive, Dennis Pence, actually takes the news as […] Continue Reading…
I was upset by a Memorial Day report on one of the mainstream U.S. national TV news programs, ’cause they reported gas prices down across the country! Wait a minute, I live in the United States and gas prices actually went up where I live!
I noted that the mainstream media report focused only on […] Continue Reading…
Back in March, Areva announced a $3.2 billion USD loss, which is what it would cost to build the planned Eagle Rock Enrichment Facility near Idaho Falls, Idaho.
Now Areva, based in France, is struggling to raise cash just to survive. But there is also some hopeful news for Areva.
29 May 2012, Areva announced “outstanding” […] Continue Reading…
The following quotes are from a cesium-137 soil contamination study reviewed in July, and published in October 2011, just months after the Fukushima Daiichi nuclear disaster began.
“The soils around Fukushima NPP [nuclear power plant] and neighboring prefectures have been extensively contaminated with depositions of more than 100,000 and 10,000 MBq km-2…”
“…around 90% of the total deposition […] Continue Reading…