Archive for January, 2011

SARTRE Activist Post Monday, January 31, 2011 When Klaus Schwab, founder and executive chairman of the World Economic Forum started the yearly pilgrimage to the inner sanctums of the Swiss Gnomes, he could hardly conceive that the ritual would turn into a celebrity bash of the super rich. The Davos venue is appropriate. Only... »

by Jim Quinn ZeroHedge.com 01/31/2011 The Founding Fathers described the kind of country they were shaping on July 4, 1776 with the most well known sentence in the English language: We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights,... »

Gregory White BusinessInsider.com Jan. 31, 2011 Eurozone inflation surged past expectations to a CPI of 2.4%, year-over-year, in January. While this isn’t too far beyond the ECB’s target rate of 2.0%, it’s certain to give ECB President Jean-Claude Trichet further inclination to continue his hawkish talk on the matter. The eurozone’s core probably isn’t... »

by Tyler Durden ZeroHedge.com 01/31/2011 The one commodity which has so far sneaked quietly between the cracks of rampant limit up opens and overnight price surges, just happens to be the most important one: rice. If the price of rice were to follow the same fate as wheat, not to mention chocolate, and if... »

Joe Weisenthal Business Insider Jan 31, 2011 From Al-Jazeera, a quick update on the cash situation in Egypt. Not surprisingly, ATMs have apparently run out of cash — no doubt fueled by aggressive withdrawals and the inability to refill them. And the network also cites currency traders who say that up to $500 million... »

By Ryan Singel Wired.com Egypt’s largest ISPs shut off their networks Thursday, making it impossible for traffic to get to websites hosted in Egypt or for Egyptians to use e-mail, Twitter or Facebook. The regime of President Hosni Mubarak also ordered the shut down of mobile phone networks, including one run by the U.K.-based... »

TheDailyBell.com The civil unrest in Egypt is growing fiercer. Electronic communications have been shut down throughout Egypt and massive demonstrations have been planned for today. A changing of the guard in Egypt would be a massive political shift indeed, but what if the disturbances don’t stop there? What if they ultimately spread to Saudi... »

By ANDREW RETTMAN EUOBSERVER / AGENDA 31 January With tanks on the streets of Cairo and the death toll climbing steeply in protests against Egyptian leader Hosni Mubarak over the weekend, EU foreign policy in the Arab and Muslim world will be in sharp focus next week. EU institutions on Friday declined to speculate... »

Two basic possibilities: the regime will stabilize (with or without Mubarak) or power will be up for grabs By Barry Rubin GLORIA Center Global research in International Affairs There is no good policy for the United States regarding the uprising in Egypt but the Obama Administration may be adopting something close to the worst... »

Political risk has returned with a vengeance. The first food revolutions of our Malthusian era have exposed the weak grip of authoritarian regimes in poor countries that import grain, whether in North Africa today or parts of Asia tomorrow. By Ambrose Evans-Pritchard Telegraph.co.uk 30 Jan 2011 If you insist on joining the emerging market... »