Chinese officials say the latest round of tariff increases in Europe have essentially closed off the European market to Chinese businesses.
On September 15, the EU placed tariffs on Chinese flooring tile, as high as 69.7%! This will directly affect more than 1,000 Chinese businesses!
Chinese officials say the Europeans are raising their tariff rates to […] Continue Reading…
U.S. Secretary of State Hillary Clinton and Defense Secretary Leon Panetta met Australian Foreign Minister Kevin Rudd and defense chief Stephen Smith in San Francisco, California, for talks on September 15.
The subject was cyber attacks. Panetta called cyberspace the battlefield of the future, and most of the intensive cyber attacks in the […] Continue Reading…
Starting with the October 12, and then the November 9 and December 7 loan tenders, the European Central Bank will make U.S. dollars available for three-month loans.
The Bank of England, the Bank of Japan and the Swiss National Bank made similar announcements. This is being done in coordination with the U.S. Federal Reserve (the […] Continue Reading…
The U.S. Department of Justice says Japanese tire maker Bridgestone has agreed to plead guilty to bid rigging, and bribing Latin American governments.
It involves giant hoses used to transfer oil from oil tankers to storage facilities.
The illegal practice of bribing and bid rigging went on for ten years, from 1997-2007. Bridgestone admitted that it […] Continue Reading…
September 16, Japan’s Meteorological Agency says Tropical Storm Roke could trigger more damage.
The storm is expected to bring up to 40 millimeters (1.57 inches) of rain per hour in Okinawa and the southern part of Kyushu through Saturday. As much as 250mm (9.8 inches) of rain is expected.
Officials are stepping up their monitoring […] Continue Reading…
16 September 2011, the Japan Atomic Energy Agency says the disaster at Fukushima Daiichi nuclear plant could have been avoided.
They say if water injection began four hours sooner there would have been no melt downs.
Anyone who’s been following the situation from day one knows that Tokyo Electric Power Company has dragged their feet on […] Continue Reading…
16 September 2011, ever since the Fukushima Daiichi nuclear disaster began, waste incinerator sites across Japan have reported high levels of radiation in the ashes of burned garbage and sludge.
The latest tests show three Prefectures still with levels of cesium contamination exceeding safe limits: Iwate, Fukushima and Chiba.
The highest measurement was 144,420 becquerels per […] Continue Reading…
CCA, Corrections Corporation of America, is the largest corporate prison operator in the United States. CCA is also in the pockets of Idaho Republicans, and a few Idaho Democrats, as shown by 2006 and 2008 election campaign donations (known as the “Sunshine Summary” or “Sunshine Law”).
Recently CCA announced they were settling dozens of lawsuits […] Continue Reading…
“The big increase in new foreclosure actions may be a signal that lenders are starting to push through some of the foreclosures delayed by robo signing and other documentation problems. It also foreshadows more bank repossessions in the coming months as these new foreclosures make their way through the process.”-James Saccacio, CEO RealtyTrac
The latest […] Continue Reading…
Septmenber 14, a man who sued a corporate run Idaho prison, known as “Gladiator School”, for extreme violence and medical neglect, has reached a settlement with Corrections Corporation of America.
CCA is the largest corporate prison operation in the United States, and also has the worst reputation.
Dozens of other inmates across the U.S. are also […] Continue Reading…