Why No Glass-Steagall II? … Eighty years ago this month, Ferdinand Pecora, the cigar-chomping former assistant district attorney for New York City, was appointed chief counsel for the US Senate Committee on Banking and Currency. In subsequent months, the hearings of the Pecora Commission featured many sensational revelations about the practices that led to the 1930's financial crisis. &n...Read More
Bill Gates is leading a group of U.S. investors committing $1 billion for a stake in construction and fertilizer company OCI NV in one of Egypt's largest foreign currency inflows since the 2011 uprising. OCI will absorb all local stock and global depositary receipts of Orascom Construction Industries under a share exchange offer that has attracted more than $2 billion in commitments, said the...Read More
Why No Glass-Steagall II? … Eighty years ago this month, Ferdinand Pecora, the cigar-chomping former assistant district attorney for New York City, was appointed chief counsel for the US Senate Committee on Banking and Currency. In subsequent months, the hearings of the Pecora Commission featured many sensational revelations about the practices that led to the 1930's financial crisis. &n...Read More
Bill Gates is leading a group of U.S. investors committing $1 billion for a stake in construction and fertilizer company OCI NV in one of Egypt's largest foreign currency inflows since the 2011 uprising. OCI will absorb all local stock and global depositary receipts of Orascom Construction Industries under a share exchange offer that has attracted more than $2 billion in commitments, said the...Read More
Powering a thirsty world – water and energy for a world we want! … UN launches Water Cooperation 2013 … In December 2010, the United Nations General Assembly declared 2013 as the United Nations International Year of Water Cooperation. In reflection of this declaration, the 2013 World Water Day, which will take place on 22 March 2013, also will be dedicated to water cooperation. T...Read More
Jon Stewart: "NRA is a false flag operation run by Michael Moore" … The NRA came out with a disgusting new commercial in which it called Obama an "elitist hypocrite" because the Secret Service protects his daughters, while the President doesn't think turning our schools into prisons with armed guards is the answer. Here is the sick new NRA commercial: http://aattp.org...Read More
Powering a thirsty world – water and energy for a world we want! … UN launches Water Cooperation 2013 … In December 2010, the United Nations General Assembly declared 2013 as the United Nations International Year of Water Cooperation. In reflection of this declaration, the 2013 World Water Day, which will take place on 22 March 2013, also will be dedicated to water cooperation. T...Read More
Jon Stewart: "NRA is a false flag operation run by Michael Moore" … The NRA came out with a disgusting new commercial in which it called Obama an "elitist hypocrite" because the Secret Service protects his daughters, while the President doesn't think turning our schools into prisons with armed guards is the answer. Here is the sick new NRA commercial: http://aattp.org...Read More
Remarkable economic transformation in India, China: Federal Reserve chairman … Emerging markets like India and China are witnessing a remarkable transformation, despite a slowdown in economic growth, lifting millions of people out of poverty, Bernanke said. Emerging markets like India and China are witnessing a remarkable transformation, despite a slowdown in economic growth, lifting million...Read More
Remarkable economic transformation in India, China: Federal Reserve chairman … Emerging markets like India and China are witnessing a remarkable transformation, despite a slowdown in economic growth, lifting millions of people out of poverty, Bernanke said. Emerging markets like India and China are witnessing a remarkable transformation, despite a slowdown in economic growth, lifting million...Read More
Mario Draghi: the closest thing the Eurozone has to a leader? Who leads the Eurozone? Having "saved" the euro last year, I think that title belongs to Mario Draghi, head of the ECB. This article looks at why that is, and why it's less than ideal. … Having "saved" the euro last year, I think that title belongs to Mario Draghi, head of the ECB. This article looks at why...Read More
Michael Savage: Don't trust feds on flu shot … 'Not everything your government tells you is true' … Asking listeners to put aside his political orientation for a moment, talk-radio host Michael Savage questioned the federal government's recommendation that citizens get a flu shot. … "Did Harry Reid take a flu shot? Did Barack Obama take a flu shot? Did Barack...Read More
Mario Draghi: the closest thing the Eurozone has to a leader? Who leads the Eurozone? Having "saved" the euro last year, I think that title belongs to Mario Draghi, head of the ECB. This article looks at why that is, and why it's less than ideal. … Having "saved" the euro last year, I think that title belongs to Mario Draghi, head of the ECB. This article looks at why...Read More
Michael Savage: Don't trust feds on flu shot … 'Not everything your government tells you is true' … Asking listeners to put aside his political orientation for a moment, talk-radio host Michael Savage questioned the federal government's recommendation that citizens get a flu shot. … "Did Harry Reid take a flu shot? Did Barack Obama take a flu shot? Did Barack...Read More
Beleaguered Canadian miner Eldorado Gold Inc. (TSX:ELD) (NYSE:EGO) is facing renewed antagonism to its projects in Greece.France Press reports that hundreds of demonstrators marched in Athens on Jan. 12 against Eldorado's Hellas gold project in the northern region of Halkidiki, as locals claim it is causing irreversible damage to the environment.Several citizens' groups, backed by the radical lef...Read More
The government of El Salvador has asked the Inter-American Commission on Human Rights (CIDH) to help the country push for a halt of Vancouver-based Goldcorp's (TSX: G), (NYSE: GG) Cerro Blanco gold-silver project in southern Guatemala, reports La Informaci??n (in Spanish).The article says El Salvador's human rights defense attorney general (PDDH), Oscar Luna, claims Cerro Blanco mine will greatly...Read More
Save? Party like it's 2013! … Economic forecast for 2013: Forget the fiscal cliff, this is the year to spend, spend, spend … If the words 'fiscal cliff' send you into a comatose state, fear not, help is at hand. Here, TNT is going to explain in layman's terms the economic forecast for 2013. No, we haven't gone all Financial Times on you, but if you want to make sure...Read More
It's Death of Little Nell time again in the field of climate "science." The New York Times – aka Pravda – has announced the closure of its Environment Desk. Rumours that the entire environment team, headed by Andy Revkin, have volunteered to be recycled into compost and spread on the lawn of the new billion dollar home Al Gore bought with the proceeds of his sale of Curre...Read More
Paul Salopek: Going for a seven-year walk … US journalist Paul Salopek is going to spend the next seven years walking from Ethiopia to the tip of South America, retracing the journey of early humans out of Africa and around the world. Along the way he will be writing articles, shooting video and tweeting. Salopek will take some 30 million footsteps during this journey, which he calls "t...Read More
Save? Party like it's 2013! … Economic forecast for 2013: Forget the fiscal cliff, this is the year to spend, spend, spend … If the words 'fiscal cliff' send you into a comatose state, fear not, help is at hand. Here, TNT is going to explain in layman's terms the economic forecast for 2013. No, we haven't gone all Financial Times on you, but if you want to make sure...Read More