Archive for August 7th, 2011

By Shannon Goessling IceAgeNow.com 6 Oct 11 – (Excerpts) – The U.S. National Solar Observatory, the U.S. Air Force Research Laboratory and astrophysicists across the planet report that the nearly all-time low sunspot activity may result in a sustained cooling period on Earth. Many reputable scientists have been warning for decades that we are... »

by Tyler Durden ZeroHedge.com 08/07/2011 While the impact on Treasurys as a result of the downgrade may be limited (after all the other side of the Atlantic is about as ugly as the US, so where could $8 trillion in marketable USTs practically go… at least for now), the same may not be said... »

By MARK DUNPHY IrishWeatherOnline.com Climate change could lead to prolonged drought conditions, greater heat extremes more severe flooding and worsening air pollution, according to the Natural Resources Defense Council (NRDC). Based on an analysis of data gathered from the Environmental Protection Agency, the U.S. Department of Agriculture, Centers for Disease Control and Prevention and... »

By IB Times Staff Reporte IBTimes.com August 7, 2011 The U.S. government has put on alert users of satellite, telecommunications and electric equipment as solar eruptions that happened over the past couple of days are set to trigger intense magnetic storms. A solar storm happens when a burst of charged particles are thrown out... »

by Alexander Higgins AlexanderHiggins.com August 7, 2011 Coining Terrorism? Russia Today August 8, 2011 Local currencies are popping up to help local communities while states look into alternatives to the dollar as a hedge to falling dollar value and mounting government debt. ­Are these “domestic terrorists” who could tear apart the country, or are... »

WakeUpFromYourSlumber.com After a week that saw $2.5 trillion wiped off global stock markets, European policymakers held a series of emergency conference calls on Sunday to discuss the twin debt crises in Europe and the USA that are causing market turmoil, and stoking fears that the Depression might actually affect some members of the plutocracy... »

by Tyler Durden ZeroHedge.com 08/07/2011 esterday it was an editorial piece in the main Chinese media outlet Xinhua. Today, China brings its message of helpless (for now) fury to the FT, where Yu Yongding, a former member of the Monetary Policy committee of the Chinese Central Bank has just said what everyone who realizes... »

by Tyler Durden Zeroahedge.com 08/07/2011 Just out from Bloomberg: Finance ministers and central bankers are preparing a statement to release before the open of Asian markets, the Nikkei newspaper reported, without citing anyone. Japan may intervene in currency market if dollar falls. G-7 finance ministers, central bankers expected to express confidence in dollar, pledge... »

China and Russia with trillions of US debt react furiously to the news that America had lost its AAA credit rating By Margareta Pagano IndependentUK Sunday, 7 August 2011 World stock markets are braced for another bloodbath when they open in Asia tonight and across Europe tomorrow following the controversial decision by Standard &... »

In this grave crisis, the world’s leaders are terrifyingly out of their depth By Peter Oborne TelegraphUK Ineffectual: an emergency telephone conference among the G7 finance ministers feels as relevant as a Bourbon family get-together in the summer of 1789 Certain years have gone down in history as great global turning points, after which... »