Tag: Economy
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biosensors, whistleblowers & plunge protection team
nyc wants more bioweapons sensorsfrom washinton post: City officials last month quietly activated some of the nation’s newest generation of early warning sensors to detect a biological attack, turning on a limited number of filing-cabinet-size air filters in sensitive, high-volume areas of Manhattan. But city officials say their effort to expand the program has run…
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gold continues record-breaking run
from huffington post: Gold prices surged further into record territory on Thursday while oil traded within a whisker of its record $100 set in the previous session, as commodity markets continued their sprint start to 2008. Gold soared to $868.00 a troy ounce, setting a record for a second session after hitting $861.10 on Wednesday,…
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crude milestone: crude oil futures hit $100 per barrel
from ap: Crude oil prices briefly soared to $100 a barrel Wednesday for the first time, reaching that milestone amid an unshakeable view that global demand for oil and petroleum products will outstrip supplies. Surging economies in China and India fed by oil and gasoline have sent prices soaring over the past year, while ……
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december clearinghouse
top economist says america could plunge into recession * ohio guard call-up said to be largest since wwii * how to lose your job on your own time * mexico to microchip central american migrants * eli lilly knew prozac had 1200% higher suicide rate than other antidepressants * wtc7: a tale of three broadcasters…
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record highs for 2007: death & food prices
2007 deadliest for US troops in iraqfrom ap: The second half of 2007 saw violence drop dramatically in Iraq, but the progress came at a high price: The year was the deadliest for the U.S. military since the 2003 invasion, with 899 troops killed. American commanders and diplomats, however, say the battlefield gains against insurgents…
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Bank Predicts Ron Paul Win & US Slump
Denmark-based Saxo Bank predicts Ron Paul presidency in 2008, saying US economy will plunge into a depression prior to the election… Saxo Bank says the US economy will shrink by 25% and the Chinese economy will decrease by 40%. The economic downturn will come about as a result of the housing crash.
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news on the march
creationist stabs evolutionistfrom the australian: A Fruit-picking trip to southern New South Wales ended in the death of a Scottish backpacker who became embroiled in a bizarre row about creationism and evolution. English backpacker Alexander Christian York, 33, was today sentenced to a maximum of five years jail for the manslaughter of Scotsman Rudi Boa…
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iran dumps the dollar in oil deals
from press tv: Iran has completely stopped carrying out its oil deals in dollar following the OPEC proposal to trade crude in non-dollar currencies. “The dollar is no longer a reliable currency, considering its devaluation and the loss suffered by oil exporters,” said Iranian Oil Minister Gholam-Hossein Nozari. “Iran proposed in the last OPEC (Organization…
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news on the march
in ron paul coins, federal agents don’t trustfrom the trail: As if Ron Paul’s supporters needed any more motivation to storm the battlements and wreak havoc on the Republican presidential primary, now comes this: the feds are trying to take away their money. Federal agents on Wednesday raided the Evansville, Indiana headquarters of the National…
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news on the march
army’s robotic, armed combat vehicle rolls outfrom wired: We now know that there are robotic cars smart enough to drive themselves around a city. The next step: give those vehicles automatic weapons, of course… Last month, a set of South African remotely-operated 35 mm guns spun out of control, and killed nine soldiers. The Black…
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gold tops $800 for first time since 1980
from ap: Gold barreled above $800 an ounce Wednesday for the first time since 1980 as investors cheered the Federal Reserve’s decision to lower its-benchmark interest rate by a quarter point. The Fed lowered its federal funds rate to 4.50 percent, as the markets widely anticipated. Lower interest rates tend to undermine the dollar and…
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sec sees ‘rampant’ insider trading on wall street
from reuters: A senior Securities and Exchange Commission official said on Thursday insider trading appeared to be “rampant” among Wall Street professionals and the agency has formed a working group to focus on it. “I believe we’re going to see more insider trading cases,” Linda Chatman Thomsen, the SEC’s enforcement director, told reporters on the…
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imf meetings open under economic cloud & protests
from voa: Member nations of the International Monetary Fund and World Bank will open their annual meeting in Washington Saturday in the shadow of a worldwide economic slowdown. The global economy has been rocked by the slumping U.S. housing market, a decline in the U.S. dollar, and rising oil prices. U.S. Treasury Secretary Henry Paulson…
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ron paul fundraising increases 114% in 3rd quarter
from ron paul 2008: The Ron Paul 2008 presidential campaign raised $5,080,000 during the third quarter of 2007. That is an impressive 114 percent increase from the second quarter. Cash on hand for the Paul campaign is $5,300,000. “Dr. Paul’s message is freedom, peace and prosperity,” said Paul campaign chairman Kent Snyder. “As these fundraising…
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canadian loonie beats US dollar, first time in 30 years
from canadian press: The loonie rose sharply and held onto its gains on Friday, ending the trading day above the U.S. dollar for the first time in nearly 31 years. The Canadian dollar finished up two-thirds of a cent at 100.52 cents US continuing its spectacular tear and marking the highest close since Nov. 25,…