Archive for December 27th, 2010

World markets tumbled on Monday as fears grew that China’s attempt to control inflation could hit the tentative economic recovery in the West. By Garry White TelegraphUK 27 Dec 2010 Soaring oil prices, which hit a 26-month high, also unsettled investors, with losses seen from Shanghai to Wall Street. It came amid mounting fears... »

As 2010 draws to a close, it’s becoming ever clearer that the UK’s economic prognosis is not good. By Liam Halligan TelegraphUK 26 Dec 2010 I’m a natural optimist and don’t wish to upset anyone’s Boxing Day celebrations. Any commentator worth their salt, though, at times like this, should ignore such sensitivities. It would... »

By James West GoldSeek.com Monday, 27 December 2010 The investment world has become obsessed with phenomena that cause catastrophic loss – so much so that a new language has evolved, subjugating old words to new meanings. Melt-downs, for example. Collapse. Bubbles. Bubble, in fact, is now the word that classifies any asset class believed... »

by Tyler Durden ZeroHedge.com 12/27/2010 From CLSA’s Greed and Fear, by Chris Wood, December 23 edition. The S&P500 remains at post-Lehman highs and GREED & fear remains nervous about a correction. But GREED & fear will also have to admit that the short-term technical indicators long followed here are not sending warning signals. Rather... »

By Joseph Parish EZineArticles.com Let’s think for a moment just how fragile our food supply logistics really is. We have our local grocery stores which usually receive their stock from a master chain distributor. Generally the grocery store does not stock more then a week’s supply of food at any one time. Usually that... »

BBC.uk Northern hemisphere countries are being told by health experts to brace themselves for flu outbreaks. There has been a well-publicised surge of cases in the UK during December with swine flu appearing to be the dominant of the three strains circulating. But the European Centre for Disease Prevention and Control warned much of... »

By KATY BISHOP NapleNews.com IMMOKALEE — Since freezes began decimating Florida crops, life has been a struggle for Maria Gabriela Chaires and her family. Her 17-year-old son asked if he should drop out of high school and get a job, but she won’t let him. Chaires, 37, and her 77-year-old mother, Juana Galvan, work... »

MoneyNews.com Crude oil’s price could soar to nearly $150 a barrel by summer, Joe Petrowski, chief executive of Gulf Oil and the Cumberland Gulf Group, told CNBC Thursday. “If we’re not producing it domestically, because we’re trying to achieve administratively what we don’t seem to want to pass legislatively, and our imports are going... »

Recombinomics.com December 27, 2010 The CDC and NIID in Japan released a series of partial HA sequences from pH1N1 isolates collected between August and October in Asia (and deposited at GISAID). These sequences had recombination similar to the sequences from the United Kingdom and Iran. One of the sequences from Taiwan, A/Taiwan/305/2010, contained D98N... »

By Sophie Borland DailyMailUK 27th December 2010 Vital cancer operations are being cancelled as hospitals struggle to cope with soaring numbers of flu victims. Trusts have begun postponing major surgery because intensive care beds that cancer patients might need for post-operative recovery are being kept free to accommodate critically ill patients struck down by... »