The latest corporation to become a victim of global deleveraging, is Air Australia.
Deleveraging is when the too big too fail banks take away your line of credit, and demand full, and instant payment of all debts. Here in Idaho Wells Fargo Bank deleveraged several businesses in the past few years, including a Pontiac dealer […] Continue Reading…
Mazda has introduced a new clean burning diesel powered Crossover Utility Vehicle. It’s powered by a 2.2 liter diesel, and gets 46 miles per gallon on the highway. That’s better than current hybrid SUVs.
The new Mazda diesel CUV is smaller than most SUVs. It’s based on the Minagi concept crossover, and is also known […] Continue Reading…
Israel’s Defense Minister, Ehud Barak, demanded, on Japanese TV, that Japan cut back on oil imports from Iran. He’s in Japan on a five day visit.
Japanese officials fired backed, basically telling Israel to back off. Japan’s Foreign Minister, Koichiro Gemba, told Ehud Barak that Israel needed to handle Iran’s nuclear issue calmly.
Gemba also told […] Continue Reading…
The United Nations General Assembly passed a non-binding resolution calling for Syria’s president to step down. However, since it is non-binding the UN can not force the issue.
France is making a new push for a new UN Security Council resolution. This new resolution is focusing on using UN Peacekeeping forces to enforce access to […] Continue Reading…
“A year ago Libyans risked their lives to demand justice. Today their hopes are being jeopardized by lawless armed militias who trample human rights with impunity.”-Donatella Rovera, Amnesty International
Amnesty International has documented cases of torture and murder of Libyans, by the U.S. and European backed rebel forces.
A year ago the United States, and European […] Continue Reading…
“May I formally as Commissioner for Health in Rivers State declare that there is Lassa fever epidemic in the State and we must do all we can to tackle the challenge.”-Sampson Parker, Port Harcourt State Commissioner for Health
At the end of 2011, two people died of Lassa (aka Laffa) viral hemorrhagic fever in the […] Continue Reading…
In the latest survey by Harris Interactive, 78% of people blame the bad economy on Corporate America (and Corporate Britain).
The annual Harris Interactive Reputation Quotient poll is a measure of how consumers view corporations. So far the main stream media has only mentioned the good points of the poll, like Apple surging ahead of […] Continue Reading…
The Chicago Tribune has published a report by the University of Illinois at Chicago, and the University of Illinois’ Institute of Government and Public Affairs.
That report says the public officials, including the police, of major cities in the United States are corrupt! The study is based on federal court cases.
Percentage wise, Louisiana had the […] Continue Reading…
“There’s no doubt all arrested today are drug dealers.”-Steven McGee, TCU Police Chief
After a six month investigation 17 ‘christian’ students were arrested for selling drugs. Several athletes were among those arrested.
The drugs include Xanax, Oxycotin, hydrocodone, as well as marijuana and a powdered form of ecstasy.
Police investigated after getting complaints from […] Continue Reading…
“The budget cuts are weighing it down…The conditions for a recovery in consumption are not there since unemployment hit a new record.”-Chiara Corsa, UniCredit bank
February 16, 2012, for the second month in a row, Italy’s economy shrank. Two months in a row of contraction, that’s the official sign of recession.
Belgium was the first European […] Continue Reading…