“The slowdown in import growth will last two to three months or even longer due to both falling demand and possible commodity price drops.”-Li Wei, Standard Chartered Shanghai
While China’s industry activity looks great, compared to other countries, the fact is that it’s slowing down. The latest import numbers are the lowest ‘increase’ […] Continue Reading…
“We can’t go on for many more days like Friday. We’re very worried about Italy.”-European Central Bank official
July 11, European Union officials are in emergency mode, after it became clear that the second bailout loan for Greece will arrive too late to stop default, and now Italy is on the verge of financial collapse.
EU […] Continue Reading…
Officials with Fukushima Prefecture announced they found the source contaminating beef cattle: Radioactive hay.
It was initially reported that beef farmers were feeding their cows with feed that was kept indoors. Turns out they were not. Farmers admitted that they quickly ran out of feed that was kept indoors, and began feeding the cows hay […] Continue Reading…
Tokyo Electric Power Company has admitted that the many delays in getting the damaged Fukushima Daiichi nuke plant under control, are due to the use of improvised parts and equipment.
TEPCo says they were never prepared for such a disaster, as a result many of the equipment they put together to tackle the problems, are […] Continue Reading…
University of Mississippi researchers say relaxation can work just as good on migraine headaches, as expensive medication.
The study was actually a cost benefit analysis. Researchers followed people for a year, and compared the cost of prescription medication against professional relaxation services like massage, hypnosis, etc (called minimal contact therapy).
The results were that the minimal […] Continue Reading…
The Centers for Disease Control and Prevention (CDC) confirmed that an Arizona man died from the same strain of e.coli that has killed about 50 people in Europe. The man died last month, after a trip to Germany.
The CDC confirmed six more U.S. citizens are infected. They all live in Michigan. Five of them […] Continue Reading…
10 July 2011, Tokyo Electric Power Company has stopped its water decontamination operation, again. This time it’s due to chemicals leaking from the system. The chemicals are used to absorb radiation from the water.
According to NHK, TEPCo is blaming the new leaks on “non-durable” materials used to build the decontamination unit. Basically they used […] Continue Reading…
A couple of days ago Tokyo officials reported that cows from Fukushima Prefecture tested positive for high levels of cesium contamination. Originally officials said none of the beef was sold in Tokyo markets. Now they admit radioactive beef was sold.
Beef from a total of 11 cows, from a Minami Soma city farm, were tested. […] Continue Reading…
July 10, a 7.3 quake hit the same area that experienced a 9.0 quake on March 11.
Two meter high (6.4 feet) waves were seen on the coasts of Miyagi and Iwate Prefectures.
Officials with Japan’s Meteorological Agency say this latest aftershock resulted from the Pacific Plate shifting horizontally. They believe more aftershocks in the 7 […] Continue Reading…
A United Nations caused cholera epidemic, is still killing people in Haiti and Dominican Republic.
Last week nine people, in the Dominican Republic, died, bringing the total to 71. The first Dominican Republic case was discovered in November 2010.
But that’s nothing compared to what’s happening in Haiti.
Neighboring Haiti was swept with cholera, starting in October […] Continue Reading…