Sunday, July 17, 2011

The War In Libya Heats Up As NATO Closes In On Moammar Gadhafi




Armed westerners have been filmed on the front line with rebels near Misrata in the first apparent confirmation that foreign special forces are playing an active role in the Libyan conflict.
Eight generals from embattled Libyan leader Moammar Gadhafi's army have defected to Italy, the Italian Foreign Ministry told CNN Monday.
Is NATO preparing to hit Moammar Gadhafi harder than ever?
Most people do not realize it, but Yemen is coming apart at the seams right now.
An Israeli Cabinet minister says the civilized world must take joint action to avert the Iranian nuclear threat, including a pre-emptive strike if necessary.
The Muslim Brotherhood claims that it wants a diverse parliament after elections in September and is not seeking to impose Islamic law on Egypt, the head of the group's newly formed political party said in an interview.
On Saturday, before Songda degraded into a tropical storm, TEPCO said some reactor buildings were uncovered and radiation would spread due to the storm. “We have made utmost efforts, but we have not completed covering the damaged reactor buildings,” said an official at that time.
Within a 20 km radius around the stricken plant at Fukushima, a Chernobyl-style dead zone is developing, with levels of 1.48 million becquerels a square meter measured within that area.
Gasoline costs a dollar more per gallon than it did last Memorial Day.
The average Memorial Day cookout is going to cost 29 percent more this year than it did last year.
The Japanese earthquake and tsunami in March appears to have damaged the U.S. economymuch more than expected.
High input prices, supply chain disruptions from the tsunami disaster in Japan and slowing demand from China have combined to brake manufacturing momentum in Europe, the United States and Asia in recent months.
Even the United Nations is now warning that the U.S. dollar could collapse.
Reports that Greece has not met any of the fiscal targets set by the International Monetary Fund (IMF) and the European Union (EU) as part of its 110 billion euros ($157 billion) bailoutknocked down the euro Monday, as other countries in the euro zone are threatened with being dragged into the Greek morass.
The European Union is racing to draft a second bailout package for Greece to release vital loans next month and avert the risk of the euro zone country defaulting, EU officials said on Monday.
It is being reported that if a new Greek bailout package is approved, outside authorities will take over various functions related to tax collection (a big time problem in Athens) and privatizations.
The ECB owns 50 billion EUR worth of Greek bonds, and has loaned 90 billion EUR to Greek banks. A Greek default would compromise the balance sheet of the ECB.
Greek citizens are pulling billions out of their banks as the country descends into chaos.
Tens of thousands of Greeks vented their anger at the nation’s political classes in Athens on Sunday, staging the biggest in a week of protests as the government seeks backing for yet more austerity.
If Greece defaults, it is going to be a complete and total financial disaster.
Ireland may have to ask for another loan from the European Union and International Monetary Fund because it will struggle to return to debt markets to raise funds next year, a government minister said on Sunday.
The Bank of England's chief economist has admitted that the UK faces two "bleak" years as it grapples with inflation and economic adjustments.
China is stepping up buying in Japanese government bonds, particularly notes with less than one year to maturity, market players say, in what looks like a fresh drive to diversify its ballooning foreign reserves.
In a move that is certain to be detrimental to the American economy, President Barack Obama is personally pushing for Russia’s entry into the World Trade Organization, even working behind the scenes to resolve some of the outstanding issues.
Saudi Prince Al-Waleed bin Talal said Sunday that he wants oil prices to drop so that the United States and Europe don't accelerate efforts to wean themselves off his country's supply.
A weak dollar, mounting inflationary fears and skyrocketing gold and silver prices are prompting some states to convert precious metals into legal currencies.
China now consumes 53% of the world's cement.
The cost of airline travel has increased exponentially, mostly due to surcharges and fees which can add $500 or more to the price of round-trip airfare.
Is the U.S. Postal Service on the verge of collapse?
Sometimes controversial trends analyzer Gerald Celente is forecasting that a return to the gold standard will not be enough to save the U.S. economy from collapsing.
Sarah Palin told CNN on Monday that she plans to take her "One Nation" bus tour to Iowa, the state that votes first in the race for the Republican presidential nomination.
Texas Rep. Ron Paul performed well in the latest CNN poll of potential Republican primary voters.
Barack Obama is sending even more troops over to Iraq.
Iraqi cleric and militia leader Moqtada al-Sadr has threatened to take up arms against U.S. troops unless they leave the country by the end of the year.
An internal bulletin from the Kenyan National Security Intelligence Service, or NSIS, states that the Kenyan government in 2009 commissioned a cultural museum in the Obama home village of Kogelo to honor the "birthplace of President Barack Obama" and rededicate the tomb of his father, Barack Obama Sr.
African swine fever (ASF), a viral disease harmless to people but lethal to pigs, is likely to spread beyond Russia and the Caucasus region into Europe, the United Nations’ food agency said on Thursday.
The Church of Scotland is preparing for dozens of ministers to come out as homosexuals following a historic vote to allow practicing gay clergy.
Northern Europe is facing the worst drought it has seen in 35 years.
One U.S. Congressman is saying that we need to move our families out of the cities.
A study scheduled for publication in the Pace Environmental Law Review closely examined public information on 1,300 cases in which the National Vaccine Injury Compensation Program compensated families. Significant brain injuries were found in compensated patients as a direct result of vaccinations. Eighty-three cases specifically resulted in autism and are being called, “the tip of the iceberg.”
Some authorities want to add lithium to our drinking water to "improve" our mental health.
It turns out that dancing at the Jefferson Memorial in Washington D.C. is illegal.
Chilling technology straight out of Minority Report that would subject Americans to pre-crime interrogations and physiological scans to detect “malintent” at sports stadiums, malls, airports and other public places has moved closer to being implemented after Homeland Security’s FAST program passed its first round of testing.
Lastly, starting next year all new cellphones will be required to contain a chip that will allow the president to broadcast "emergency alerts" to the cellphones whenever the president wants.

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