Risks of global recession mount
China's exports have plunged to half their year-ago levels. Factory orders in Germany, Europe's economic powerhouse, are slumping as China weakens. Australia and Indonesia have cut interest rates to ward off damage from Europe, while Japan, Britain and Brazil have slashed their growth forecasts. From Beijing to Washington and Sao Paolo, top financial officials are worried their economies will be sucked into the maelstrom by Europe's inability to unify around a debt strategy. High yields on Italy's and Spain's sovereign debt, hovering around 7 percent, are putting severe funding strains on banks, infecting the global financial system, which in turn undermines confidences and upends growth. "It's a scary situation," said Mike Feroli, chief U.S. economist for JPMorgan Chase. "Unless Europe really goes pear-shaped, we should...
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European woes could be dire for US: IMF's Lagarde
AFP - Europe's economic problems, if not addressed, could lead to "major" consequences in the United States due to strong linkage between the two huge economies, IMF chief Christine Lagarde said in an interview broadcast Sunday. "Letting Europe down is going to mean, if it was to happen, major consequences and negative consequences on many other economies, including the United States of America," Lagarde told the CBS program "60 Minutes." "Twenty percent of US exports go to Europe. There is a very strong linkage between US...
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As union leader Javier Dos put it, the EU-imposed austerity plans of the incoming Partido Popular are “nothing more than the continuation of policies leading Europe toward disaster”. The new government of Mariano Rajoy has precious few policy levers at its disposal and cannot alone do anything at this late stage to prevent a death spiral within the strait-jacket of EMU. The immediate destiny of his country lies entirely in the hands of Germany, the AAA creditor core, the EU authorities, and the European Central Bank, the nexus of policy...
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Iran flies Palestinian terrorists to Syria for raids into Israel
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Britain 'will join euro before long’, says German finance minister
Wolfgang Schäuble said that, despite the current crisis in the eurozone, the euro will ultimately emerge as the common currency of the entire European Union. He said he “respects” Britain’s decision to keep the pound, but insisted that the survival and eventual stabilisation of the euro will convince non-members to join the currency club. “This may happen more quickly than some people in the British Isles currently believe,” he added. Mr Schäuble also said Germany will stand firm on its call for a financial transaction tax that Britain believes would badly...
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FAMILY support groups have slammed new health guidelines that threaten parents of children with ADHD with child protection authorities if they fail to properly medicate their children. The draft guidelines being considered by the National Health and Medical Research Council and are aimed at helping doctors treat the disorder. "Consideration should be given to the ability of the child/adolescent and their caregivers to implement strategies. As with any medical intervention, the inability of parents to implement strategies may raise child protection...
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From spoilt British teen to Amish girl: How living with America's strictest Christian sect changed a party-mad 18 year old
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Lawsuit: Ga. man fired for refusing to wear ‘666'
A Georgia factory worker says he was fired when he refused on religious grounds to wear a sticker with the number ‘666' on it. Billy E. Hyatt claims in a federal lawsuit filed this month that a manager at Pliant Corp. forced him to go home in March 2009 after he refused to wear a sticker proclaiming that his factory had been accident-free for 666 days. He was fired a few days later. The company, now known as Berry Plastics Corp., did not return calls seeking comment. Hyatt says in the lawsuit that he's a devout Christian. He says that wearing...
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Sometimes authorities are 'out to get' Christians, says senior church official
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Is this an alien skull? Mystery of giant-headed mummy found in Peru
A mummified elongated skull found in Peru could finally prove the existence of aliens. The strangely shaped head - almost as big as its 50cm (20in) body - has baffled anthropologists. It was one of two sets of remains found in the city of Andahuaylillas in the southern province of Quispicanchi. The skeletal sets were discovered by Renato Davila Riquelme, who works for the Privado Ritos Andinos museum in Cusco in south-eastern Peru. He said that that the eye cavities are far larger than normally seen in humans. There is a soft spot in the skull...
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As Drought Continues, Depleted Texas Lakes Expose Ghost Towns, Graves
Across the state, receding lakes have revealed a prehistoric skull, ancient tools, fossils and a small cemetery that appears to contain the graves of freed slaves. Some of the discoveries have attracted interest from local historians, and looters also have scavenged for pieces of history. More than two dozen looters have been arrested at one site.
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Death toll rises to 20 as clashes in Egypt continue
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Death toll from Thailand's floods tops 600
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5.5 Earthquake Hits Russia
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EU Chief: The Time Has Come For A Revived Roman Empire
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The Sacred Feminine
Is the notion of the sacred feminine spirit of Sophia really Mystery Babylon the Great: Mother of Harlots? Pastor Michael Hoggard uses the Book of Proverbs to expose this spirit that permeates our modern society. Other topics include the DaVinci Code, The Event television series, bar codes on mice, and NASA.
China's exports have plunged to half their year-ago levels. Factory orders in Germany, Europe's economic powerhouse, are slumping as China weakens. Australia and Indonesia have cut interest rates to ward off damage from Europe, while Japan, Britain and Brazil have slashed their growth forecasts. From Beijing to Washington and Sao Paolo, top financial officials are worried their economies will be sucked into the maelstrom by Europe's inability to unify around a debt strategy. High yields on Italy's and Spain's sovereign debt, hovering around 7 percent, are putting severe funding strains on banks, infecting the global financial system, which in turn undermines confidences and upends growth. "It's a scary situation," said Mike Feroli, chief U.S. economist for JPMorgan Chase. "Unless Europe really goes pear-shaped, we should...
/
European woes could be dire for US: IMF's Lagarde
AFP - Europe's economic problems, if not addressed, could lead to "major" consequences in the United States due to strong linkage between the two huge economies, IMF chief Christine Lagarde said in an interview broadcast Sunday. "Letting Europe down is going to mean, if it was to happen, major consequences and negative consequences on many other economies, including the United States of America," Lagarde told the CBS program "60 Minutes." "Twenty percent of US exports go to Europe. There is a very strong linkage between US...
/
As union leader Javier Dos put it, the EU-imposed austerity plans of the incoming Partido Popular are “nothing more than the continuation of policies leading Europe toward disaster”. The new government of Mariano Rajoy has precious few policy levers at its disposal and cannot alone do anything at this late stage to prevent a death spiral within the strait-jacket of EMU. The immediate destiny of his country lies entirely in the hands of Germany, the AAA creditor core, the EU authorities, and the European Central Bank, the nexus of policy...
/
Iran flies Palestinian terrorists to Syria for raids into Israel
/
Britain 'will join euro before long’, says German finance minister
Wolfgang Schäuble said that, despite the current crisis in the eurozone, the euro will ultimately emerge as the common currency of the entire European Union. He said he “respects” Britain’s decision to keep the pound, but insisted that the survival and eventual stabilisation of the euro will convince non-members to join the currency club. “This may happen more quickly than some people in the British Isles currently believe,” he added. Mr Schäuble also said Germany will stand firm on its call for a financial transaction tax that Britain believes would badly...
/
FAMILY support groups have slammed new health guidelines that threaten parents of children with ADHD with child protection authorities if they fail to properly medicate their children. The draft guidelines being considered by the National Health and Medical Research Council and are aimed at helping doctors treat the disorder. "Consideration should be given to the ability of the child/adolescent and their caregivers to implement strategies. As with any medical intervention, the inability of parents to implement strategies may raise child protection...
/
From spoilt British teen to Amish girl: How living with America's strictest Christian sect changed a party-mad 18 year old
/
Lawsuit: Ga. man fired for refusing to wear ‘666'
A Georgia factory worker says he was fired when he refused on religious grounds to wear a sticker with the number ‘666' on it. Billy E. Hyatt claims in a federal lawsuit filed this month that a manager at Pliant Corp. forced him to go home in March 2009 after he refused to wear a sticker proclaiming that his factory had been accident-free for 666 days. He was fired a few days later. The company, now known as Berry Plastics Corp., did not return calls seeking comment. Hyatt says in the lawsuit that he's a devout Christian. He says that wearing...
/
Sometimes authorities are 'out to get' Christians, says senior church official
/
A mummified elongated skull found in Peru could finally prove the existence of aliens. The strangely shaped head - almost as big as its 50cm (20in) body - has baffled anthropologists. It was one of two sets of remains found in the city of Andahuaylillas in the southern province of Quispicanchi. The skeletal sets were discovered by Renato Davila Riquelme, who works for the Privado Ritos Andinos museum in Cusco in south-eastern Peru. He said that that the eye cavities are far larger than normally seen in humans. There is a soft spot in the skull...
/
As Drought Continues, Depleted Texas Lakes Expose Ghost Towns, Graves
Across the state, receding lakes have revealed a prehistoric skull, ancient tools, fossils and a small cemetery that appears to contain the graves of freed slaves. Some of the discoveries have attracted interest from local historians, and looters also have scavenged for pieces of history. More than two dozen looters have been arrested at one site.
Oct. 5, 2011: A child's grave site, normally at least 20 to 30 feet underwater, has joined other remnants of old Bluffton, Texas, resurfacing on the now dry, sandy lake near Bluffton, as the Texas drought shrinks the state's largest inland lake.
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Death toll rises to 20 as clashes in Egypt continue
/
Death toll from Thailand's floods tops 600
/
5.5 Earthquake Hits Russia
/
EU Chief: The Time Has Come For A Revived Roman Empire
/
The Sacred Feminine
Is the notion of the sacred feminine spirit of Sophia really Mystery Babylon the Great: Mother of Harlots? Pastor Michael Hoggard uses the Book of Proverbs to expose this spirit that permeates our modern society. Other topics include the DaVinci Code, The Event television series, bar codes on mice, and NASA.
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