US WHEAT REVIEW: Soars On Firm Global Demand, Poor Weather CattleNetWork.com 01/18/2011 CHICAGO (Dow Jones)–U.S. wheat futures rallied Tuesday as global weather problems, including new floods in Australia, pushed buyers to accelerate their purchases. Soft red winter wheat for March delivery closed up 20 cents, or 2.6%, at a nearly two-week high of $7.93... »
Archive for January 19th, 2011
Wheat nearing record price amid supply, production fears
By Sybille De La Hamaide Vancouversun.com January 19, 2011 World wheat supplies are so tight and grain demand so strong that any new hiccup in a major producing area would fire already bullish markets and send European prices near or beyond the all-time highs hit in 2008. Prices of wheat, a food staple in... »
Harbinger Of Muni Bloodbath: Vallejo Offers Unsecured Creditors 5 – 20 Cent Recovery
by Tyler Durden ZeroHedge.com 01/19/2011 But, but, munis always pay back almost 100 cents on the dollar, even in bankruptcy, right? Wrong. Bankrupt Vallejo just filed a POR to pay back unsecured creditors between 5 and 20 cents. “The city regrets that it cannot pay a higher percentage,” Vallejo officials said in the court... »
Russia To Adopt Universal ID Card In 2012
by Aaron Saenz Singularityhub.com January 18th, 2011 For all those conspiracy theorists out there, 2012 just got a little more ominous. As required by legislation passed this last summer, Russia will adopt a universal ID card starting next year. The Universal Electronic Card (UEC) is intended to eventually replace all local, regional, and national... »
Urban Warfare Training Coming To America: What Do Officials Really Expect?
Lockheed Gets Big Bucks to Prep Soldiers for Urban War By Spencer Ackerman Wired.com January 18, 2011 By the end of the year, the U.S. Army will leave Iraq. But Iraq isn’t going to leave the U.S. Army. American soldiers spent seven years patrolling the urban neighborhoods of Iraq; its troops battled insurgents there... »
Ireland’s IMF/EU Bailout. The Financial Crisis Has Not Gone Away
By: Christopher Quigley Market Oracle Jan 19, 2011 (Reuters: 18th. January 2011) -: “EU finance ministers agreed on Tuesday they wanted tougher stress tests for the region’s banks to restore confidence in the bloc’s financial system, but remained locked in dispute over how strict they should be. “We discussed bank stress tests … and... »
The Systemic Global Economic Crisis: At the Crossroads of Three Roads of Global Chaos
by GEAB Global Research, January 19, 2011 This GEAB issue marks the fifth anniversary of the publication of the Global Europe Anticipation Bulletin. In January 2006, on the occasion of the first issue, the LEAP/E2020 team indicated that a period of four to seven years was opening up which would be characterized by the... »
TSA Now Forcing Opt-Outs To Walk Through Body Scanners
Agency claims machines are “switched off,” traveler says policy is part of psychological ploy to coerce subservience from other passengers Paul Joseph Watson Prison Planet.com Tuesday, January 18, 2011 If the experience of a man traveling through Baltimore Washington International Airport last night is anything to go by, the TSA is now forcing people... »
The More Americans That Go On Food Stamps The More Money JP Morgan Makes
The Economic Collapse Jan 19, 2011 JP Morgan is the largest processor of food stamp benefits in the United States. JP Morgan has contracted to provide food stamp debit cards in 26 U.S. states and the District of Columbia. JP Morgan is paid for each case that it handles, so that means that the... »
When Rising Food and Energy Prices Begin to Wreak Havoc
By Addison Wiggin The DailyReckoning.com This morning, we see Britain’s consumer price index grew in December to an annualized 3.7%. Fuel prices are growing at their fastest pace since July, and food prices are zooming at a rate last seen in May 2009. Like the US Federal Reserve, the Bank of England has an... »