Tag Archives: banks

Business/Economics, International, Technology, U.S.

What Economic Recovery? Yahoo confirms, will lay off thousands of employees

“The changes we’re announcing today will put our customers first, allow us to move fast, and to get stuff done…smaller, nimbler, more profitable…We are intensifying our efforts on our core businesses and redeploying resources to our most urgent priorities.”-Yahoo memo to employees

On March 31, 2012, rumors hit the internet that Yahoo was in trouble and would fire thousands of employees.

April 4, 2012, Chief Executive Scott Thompson revealed they will indeed lay off 2,000 employees.

Thompson said he would reveal more details on April 17.

 

Fukushima

One Year Later: Japanese official says some areas of Japan will be radioactive forever. Duh, just ask the people of Prypiat, if you can find them!

About one year ago, Japanese government officials swore to the refugees fleeing the Fukushima Daiichi nuclear disaster, that they’d be returning home soon.

Not only did that turn out to be a lie, but one official now says some towns will never be inhabitable.

On April 4, 2012, Japan’s reconstruction minister, Hirano Tatsuo, told the Governor of Fukushima Province, and the Mayor of Futaba Town, that because of the storage of highly radioactive waste coming from Fukushima Daiichi, the areas around that waste can never be lived in.

There are areas of Fukushima Province, being used to store hundreds of tons of contaminated water (left over from trying to keep the disaster reactors cool), that are being irradiated by the deadly levels of radiation in the water.

The Japanese media is pointing out that Hirano’s opinion runs counter to the official statements of the government.  The Japanese government continues to promise the nuclear refugees that they will be able to return to all their homes.

Here’s a thought: It’s been proven that Fukushima Daiichi is worse than Chernobyl, and yet, how many people have been allowed to return to Prypiat, the town next to the Chernobyl nuclear plant, 26 years later?  Zero!

Prypiat had nearly 50,000 people prior to the Chernobyl explosion in 1986.  Now it’s a city full of vacant and ghostly skyscrapers.

International, U.S.

World War 3: NATO supply convoy blown up, U.S. led soldiers killed, Afghan police killed

On the night of April 2, 2012, a NATO fuel supply convoy was ambushed and destroyed in Farah Province, Afghanistan.

Six fuel tankers and two escort vehicles were burned to the ground.  No info concerning casualties.

Another evening attack left at least four Afghan police and two civilians dead.

The attack took place in Helmand Province. Officials say Mujahideen launched an attack on a police checkpoint.

During the morning of April 3, in the province of Nangarhar, an explosion wounded at least three people.

Local officials say a vehicle with bodyguards riding in it hit a mine (roadside bomb).

International Security Assistance Force (ISAF) officials say at least two U.S./NATO soldiers were killed on April 3.  One from an explosion, the other from non-combat injuries.

As is SOP (standard operating procedure) for ISAF, they refuse to give any further details.  ISAF officials defer troop details to the “…relevant national authorities.”

For the week of March 25-31, ISAF reported approximately seven instances of U.S./NATO troop deaths.

 

 

 

Business/Economics, International, Technology, U.S.

Oil & Gas Prices: China outproducing Exxon Mobil, North Sea major gas leak, Sudan bombs oil rich South Sudan, Iraqi Kurds stop oil shipments, Canada will stop selling cheap oil to the U.S.!

French oil company Total, could lose $2.5 million USD per day due to its North Sea oil rig leak.

The Elgin ocean rig, near Scotland, began leaking natural gas eight days ago.  It’s coming from a well that workers were trying to cap.  The situation in the North Sea now, is similar to the 2010 BP Gulf of Mexico blow out.

Workers were evacuated for fear of a huge explosion. There are now reports of “oily sheen” on the ocean’s surface.

According to the North African country of South Sudan, their neighbor Sudan is bombing their oil rich areas, in order to drive off investors from the United States.

Officials from Sudan deny that they are specifically targeting oil wells, but U.S. President Barack Obama asked both sides to avoid targeting oil resources.  The U.S. supported the creation of the new country of South Sudan.

The Kurdish autonomous government in northern Iraq, have stopped oil shipments.  Kurdish officials say the Iraqi government has not made any of the payments promised for past oil shipments.

Iraqi officials responded by stating that the Kurds have not sent all the oil that was promised. However, a payment of $560 million USD is being reviewed.

Iraqi officials also say they have reason to believe the Kurds are illegally selling oil to neighboring Middle Eastern countries.  However, despite such claims of loss from Iraqi Kurdistan, Iraqi oil exports hit 2.13 million barrels per day in March.

The world’s biggest oil producer is no longer Exxon Mobil.  PetroChina is now the number one producer of petroleum oil.

According to Bloomberg, PetroChina is now producing a little more than 2.4 million barrels per day of oil.  Chinese officials say the petroleum company will actually increase its take over of other oil companies around the world, because China’s industries need the oil.

“Look, the very fact that a ‘no’ [a no on Keystone] could even be said underscores to our country that we must diversify our energy export markets. We cannot be, as a country, in a situation where our one and, in many cases, only energy partner could say no to our energy products. We just cannot be in that position.”-Stephen Harper, Prime Minister of Canada

Canada has been selling its oil to the United States by at least half the going rate, but Canadian officials say that can’t continue, even if U.S. officials approve the Keystone XL pipeline. Canada will eventually jack up the price for U.S. customers.

“We have taken a significant price hit by virtue of the fact that we are a captive supplier and that just does not make sense in terms of the broader interests of the Canadian economy…”-Stephen Harper, Prime Minister of Canada

 

 

 

 

 

Business/Economics, International

What Economic Recovery? Japan’s new president of a new Bank says current economic situation only the third most important historical event in Japan’s thousand years history!

On April 2, 2012, the new president of the new Japan Bank for International Cooperation, Hiroshi Okuda, revealed just how bad the current economic situation is.

Okuda, a former president of Toyota, said Japan faces a critical historic situation, on the level of two previous historic moments; the 19th century Meiji Restoration and the end of World War Two in the 20th century.

On April 1, 2012, the Japanese government created the Japan Bank for International Cooperation.  It is a spin off of Japan Finance Corporation.

It’s part of efforts by Japan to be more economically competitive and financially flexible.

 

 

Business/Economics, International

What Economic Recovery? European Unemployment Up, Spain hit hardest

April 2, 2012, the European Union reported that unemployment is still high.  It’s the 8th straight month of increasing unemployment for the EU.

Portugal’s unemployment is now at 15%, with Italy at 9.3%.

Spain is hardest hit, with 23.6% officially unemployed.  Young workers under 25 years of age are suffering the most.  Spain’s youth unemployment rate is at 50.5%, which means that one out of every two youth are out of work!

Fukushima

Global Food Crisis: Hundreds of cases of radioactive food in Japan, just since January 2012, Japan dumb downs offical safe Cesium limits!

The Japanese government has set new cesium contamination limits for food, but even with the new limits hundreds of inspections have revealed highly contaminated food products.

The new limits on non-dairy food products will be allowed to contain up to 100 becquerels of cesium per kilogram, baby food and milk will be permitted to contain 50 becquerels, and drinking water 10 becquerels.

But wait, what most people don’t know is that immediately after the March 2011 nuclear disaster at Fukushima Daiichi, the Japanese government temporarily raised the maximum cesium limit in food to 500 becquerels!!!

What that means is that it’s almost guaranteed that the people of Japan have been eating radioactive food!

Between January and March, 2012, a total of 600 cases have been found with more than the new 100 becquerels limit.  That includes salmon, flounder and raw shiitake mushrooms.  Local governments are supposed to stop the shipments of such contaminated food.

 

International, U.S.

World War 3: Israel killing unarmed Global March to Al Quds (Jerusalem) & Land Day activists, wound Palestinian Member of Parliament, U.S. Jews protesting Israel, U.S. puppet Egypt supports Israel

“The freedom defenders who will partake in these peaceful demonstrations and rallies around the world are marching for dignity toward Jerusalem. Together with them, Palestinians will continue their certain path toward national independence.”–Saeb Erakat

March 30, 2012, Israeli forces have killed at least one, and wounded at least 37 Palestinians in the Gaza Strip.  The Palestinians are taking part in Land Day demonstrations.

Also part of Land Day, is the Global March to Al Quds.   A Palestinian elected official in West Bank, Mustafa Barghouti, was wounded by Israeli forces as he took part in peaceful protests at Al Quds.

Red Cross officials say more than 170 Palestinians are wounded because of Israeli military and police actions. Russian media sources, citing the Red Crescent, say at least 200  unarmed Palestinians in West Bank have been wounded by Israeli forces.

Israeli forces are using water cannons, rubber bullets, tear gas, stink gas and high frequency sound weapons.  There is a photo that shows Israeli police, mounted on horseback, trampling Palestinians with their horses.

Palestinians are responding with rocks and bricks.

Don’t think Palestinians are only Muslim, there are Palestinian Jews and Christians taking part in the protests.

Several U.S. Jews are taking part in the protests, they’re wearing badges that say, in English and Arabic: “A Jew, Not a Zionist”.  They are part of a U.S. based organization www.nkusa.org

Western media sources say at least 1,000 protesters have gathered at the Lebanese/Israeli border.

Russian sources say 20,000 people have gathered on the Jordanian/Israeli border!

The U.S. puppet military junta of Egypt has turned its forces against people trying to demonstrate on the Egyptian/Israeli border.  The official reason is that Egypt’s “internal situation… and political tensions at the current time” will not allow it.

 

 

 

Business/Economics, International, U.S.

Class Warfare & What Economic Recovery? Two protesters set themselves on fire in Italy, out of economic desperation

For proof that the Elites are going after everyone below them, just look at what’s happening in Italy.  Two men; one a lowly migrant construction worker, the other a longtime local businessman, tried to kill themselves in protest over what the Trilateral Commission run Itlaian government is doing to their economy!

March 29, 2012, a 27 year old construction workers set himself on fire, because he has not been paid by his employer for months! Verona city police say he is recovering in the hospital.

“…[a] symptom of the utter exasperation felt by the weakest employees!”-Vincenzo Scudiere, CGIL trade union

On March 28, in the city of Bologna, a 58 year old businessman tried to set himself on fire in front of the local tax collections office.  He was angry with the new outrageous taxes Italians are being forced to pay! He is also recovering in a local hospital.

“The tragic tale of the businessman…should help people realize that the divisions between workers and businessmen are a fantasy of the past.”-Sandro Bondi, People of Freedom party

In other words, it’s the Elites versus everyone else (upper class, middle class and lower class)!

Business/Economics, International

Evil Elites & What Economic Recovery? Bank of England says Royal events bankrupting British taxpayers! Proof the Elites are the true Welfare bums!

March 27, 2012, the Bank of England’s governor, Mervyn King, warned the U.K. House of Lords that upcoming celebrations for the Queen’s Diamond Jubilee could bankrupt the kingdom.

King said the celebrations come at the worst time, an economic recession. He also pointed out that it was the expense of last year’s Royal Wedding that actually killed any hope of economic recovery!

The anti-Royal Family group, Republic, revealed that every year it costs U.K. taxpayers 202 million pounds (about $326 million USD) to support the Evil Elite Royals, and that’s not counting their taxpayer funded Royal celebrations!

This proves that the Royal elites are an economic burden, not benefit, upon the people!!!  They are nothing but ultimate welfare parasites!