Syria and Venezuela operate a joint refinery in Alfrekls in the Syrian state of Homs. Iran now wants to increase its role in the operation of the refinery.
Iran currently owns 26% of the Alfrekls refinery, which can produce 140,000 barrels of oil per day. Iran has expressed a desire to increase its investments in […] Continue Reading…
Iraq and Syria announced plans to build a pipeline for natural gas, from Iran.
The 2,000 kilometer (1,242 mile) line will end up supplying gas to Turkey, Syria, Iraq, Lebanon, Jordan and Egypt.
Chrysler announced that it will pay back the U.S. and Canadian governments (taxpayers), but not because of increased profits.
Chrysler is trying to get money from private lenders, in order to pay back the government loans. This is a sign that Chrysler doesn’t think it can pay back the taxpayers, based on its sales/profits.
Also, Chrysler […] Continue Reading…
WalMart is going to sell guns again. It realized that part of its declining sales is because it stopped selling guns in about 2,000 stores back in 2006. Here in Idaho WalMart never stopped selling guns.
The move back to selling guns comes after seven straight quarterly losses for WalMart.
Selling guns is good for the […] Continue Reading…
A CNN poll said 75% of U.S. citizens will not watch the royal wedding. ABC’s own online poll currently shows (as I write this) 427 are not “excited about the royal wedding”, 185 said yes they were “excited”.
Here in eastern Idaho a local TV station (KIFI, Idaho Falls) did their own local poll, the […] Continue Reading…
Sony is now being sued in the United States, by customers who’re upset that it took Sony more than a week to notify users of the biggest breach of security in Sony’s history.
The FBI’s Cyber Crimes Unit is now investigating. More than 77 million user accounts might have compromised, including credit card data.
U.S. led NATO warplanes bombed Libyan rebels, yet again.
Dr Hasan Malitan, who witnessed the accident, said Wednesday’s air strike hit a building where the rebels were holed up, killing 12 of them. This is at least the third time NATO has bombed the very people they’re supposed to be supporting.
The north eastern areas of Honshu, devastated by the March 11 disasters, will suffer major flooding.
The Land Ministry says the 9.0 earthquake caused a huge portion of the coast off Miyagi Prefecture, to sink. Many parts are now at or below sea level.
The ministry used lasers to check ground height on the Sendai Plain, […] Continue Reading…
Several big corporations who make products from soap to diapers, say they must pass on the higher prices they’ve been paying for raw materials.
“I don’t want to get into shoulda, coulda, woulda; but if you step back, if we didn’t have $1.8 billion in commodity cost increases this year, we would have […] Continue Reading…
“Why wasn’t the Fed providing these same sweetheart deals to the American people? The Fed was practicing socialism for the rich, powerful and the connected, while the federal government was promoting rugged individualism to everyone else.”-Warren Gunnels, adviser to Senator Bernie Sanders
The Federal Reserve is a privately run bank. It operates […] Continue Reading…