By Jennifer Coogan
Reuters Fri Jan 20, 6:30 PM ET NEW YORK - Stocks suffered their biggest
loss in nearly three years on Friday, plummeting on disappointing
earnings from blue chips Citigroup Inc. and General Electric Co.
and a spike in oil caused by geopolitical tensions.
The Dow Jones industrial average and Standard & Poor's 500 stock index posted their biggest point declines since March 24, 2003, soon after the war in Iraq began. The Dow erased its gains for 2006. Comment: Why did this
happen yesterday? The world has known for many months that Iran was
next on the cards, is it the case that Wall Street somehow missed
this memo? The entirely global economy is just one big board game
played by psychopaths. Which is not to say that the effects of a
manipulated economic crash will not be very real, at least for we
the "little people" (and I don't mean Leprechauns).
|
By Richard Valdmanis
Reuters Fri Jan 20, 3:40 PM ET NEW YORK - Oil prices surged on Friday to
the highest level since September's hurricanes crippled oil output
from the Gulf of Mexico, as tensions mounted over OPEC-member
Iran's nuclear ambitions.
U.S. crude oil gained $1.52 to $68.35 a barrel after hitting a peak of $68.80 - the highest level since September 2, while London Brent crude rose $1.20 to $66.43. Crude prices have jumped more than 8 percent so far this year, bringing them within striking distance of the record $70.85 hit August 30 after Hurricane Katrina toppled rigs and slashed output from the Gulf of Mexico. |
Bloomberg
20 Jan 2006 Ford Motor Co. will eliminate 25,000 or
more jobs in the next four years as the world's third-biggest
automaker seeks to stem North American losses, according to people
familiar with the reorganization.
Chief Executive Officer William Clay Ford Jr. will announce the job cuts, equivalent to about 20 percent of the company's automotive workforce in North America, on Jan. 23 as part of a plan called ``Way Forward.'' Bill Ford said this month the plan would include job reductions without specifying how many. The loss of 25,000 jobs would be the biggest such reduction at Dearborn, Michigan-based Ford since 2002. |
By WINSLOW T. WHEELER
Counterpunch.org 19 Jan 06 On Dec. 21, 2005, Congress passed a
defense appropriations bill, which according to the press releases
of the House and Senate Appropriations Committees, and many news
articles subsequently written, funded "defense spending" for the
United States for the current fiscal year, 2006. The impression
made by the press releases and the news articles was that the $453
billion advertised in the bill, H.R. 2863, constitutes America's
defense budget for 2006.[1]
That would be quite incorrect. In fact, the total amount to be spent for the Department of Defense in 2006 is $13 billion to $63 billion more, the latter figure assuming full funding for the wars in Iraq and Afghanistan. If you also count, non-DOD "national defense" costs, add another $21 billion, and, if you count defense related security costs, such as homeland security, the congressional press release numbers are more than $200 billion wrong. |
Reuters
Jan 19, 2006 WASHINGTON - Amazonian hunter-gatherers
who lack written language and who have never seen a math book score
highly on basic tests of geometric concepts, researchers said on
Thursday in a study that suggests geometry may be hard-wired into
the brain.
Adults and children alike showed a clear grasp of concepts such as where the center of a circle is and the logical extension of a straight line, the researchers report in this week's issue of the journal Science. |
Paul Lewis
Saturday January 21, 2006 The Guardian In his time Robert Hyams has posed as one
of the world's top microbiologists, claiming breakthroughs in the
field of Aids and cancer. He has tricked banks, property agents and
car companies out of fortunes. But it was his pretence to be a
millionaire art buyer that finally led to jail for the conman when
he attempted to swindle the auctioneers Christie's out of more than
£1m worth of French masterpieces.
Sentencing Hyams, who pleaded guilty to six counts of attempting to obtain property by deception and three related offences at Southwark crown court yesterday, Judge Geoffrey Rivlin QC described him as "a persistent, serious and sophisticated fraudster" who had led detectives on a "sorry dance". Comment: In short, a
psychopath.
|
BBC
19 Jan 06 A huge beached whale has been dumped
outside the Japanese embassy in Berlin. in a Greenpeace
anti-whaling protest.
The controversial environmental activists hauled the fin whale to Berlin from the Baltic coast after finding it beached on a sandbank. The dead whale measured 17m (56ft) long and weighed 20 tonnes. |
Arctic Beacon
20 Jan 2006 By Greg Szymanski Fifteen state senators sponsored a bill
to rid New Mexico of what some have called "Rumsfeld's
Disease."
A senate bill to rid New Mexico of what has been called “Rumsfeld’s Disease” was introduced Thursday by Sen. Gerald Ortiz y Pino, D-Albuquerque, as 15 other senators from both sides of isle also signed on, supporting legislation to ban the deadly artificial sweetener, aspartame. Linked to Defense Secretary Donald Rumsfeld for his efforts in the 1970s for putting the sweetener on the market, New Mexico is the first state to consider banning the artificial additive linked to numerous ill-health affects, including cancer. If passed, no food containing any amount of the sweetener could be manufactured, sold or delivered in Mew Mexico, beginning July 1. Comment: At the time of
the introduction of aspartame, both Rumsfeld and doctors knew that
it was poisonous, that it caused cancer and a host of other
illnesses, that it damaged DNA. They decided to promote it
anyway.
Only now, 30 years later, some are suggesting that this poisonous substance should not be used as a staple ingredient in many food products that humans consume, all of which makes one marvel at the 'advanced state' of human evolution, does it not? |
Miles Brignall
January 21, 2006 The Guardian |
By KATHY McCORMACK
Associated Press Jan 21, 2006 CONCORD, N.H. - Angered by a
U.S. Supreme Court ruling that sided with a Connecticut city that wanted to seize homes for economic development, a group of activists is trying to get one of the justices who voted for the decision evicted from his own home. The group, led by a California man, wants Justice David Souter's home seized for the purpose of building an inn called "Lost Liberty Hotel." They submitted enough petition signatures — only 25 were needed — to bring the matter before voters in March. This weekend, they're descending on Souter's hometown, the central New Hampshire town of Weare, population 8,500, to rally for support. |
By Robert X. Cringely®
January 13, 2006 A Perfect Spy? It seems that ZoneAlarm
Security Suite has been phoning home, even when told not to.
Last fall, InfoWorld Senior Contributing Editor James Borck discovered ZA 6.0 was surreptitiously sending encrypted data back to four different servers, despite disabling all of the suite’s communications options. Zone Labs denied the flaw for nearly two months, then eventually chalked it up to a “bug” in the software -- even though instructions to contact the servers were set out in the program’s XML code. A company spokesmodel says a fix for the flaw will be coming soon and worried users can get around the bug by modifying their Host file settings. However, there’s no truth to the rumor that the NSA used ZoneAlarm to spy on U.S. citizens. |
Associated Press
January 21, 2006 |
By Steve Connor, Science Editor
21 January 2006 Ever since Westerners started using
acupuncture to treat their aches and pains, a debate has raged as
to whether the ancient Chinese medicine really did work.
Now scientists have discovered that deep-needle acupuncture can combat pain. A study found that the technique can turn off parts of the brain involved in pain, which could explain how the practice may work as an anaesthetic. |
NBC
19 Jan 06 MOBILE, Ala. - It wasn't an earthquake,
but it felt like it to many of you.
What sounded and felt like an intense explosion rocked much of the local area around 2:30 Thursday afternoon, shaking homes and businesses and shaking up a lot of residents. "I heard a shaking and a rattling,” said Lana Cook, who experienced the boom in her home off Moffet Road. "It was like someone pounding with their fists." The boom created some scary moments for residents throughout much of the local area, who experienced what sounded and felt like an explosion. "This was hard, loud and continuous,” Cook added. |
David Edwards
Middleton Guardian 19 Jan 2006 SHOCK waves reverberated round the
Langley estate this week as residents tried to come to terms with
the revelations of the suffering of the parents and children
involved in the false allegations of satanic abuse more than 15
years ago.
Last week a Middleton Guardian special edition and a BBC prime-time documentary graphically illustrated how allegedly flawed interview techniques by Middleton social workers led to more than 20 children being separated from their parents, some for more than six years. For the first time some of the victims were named and were able to give their own accounts of what happened. |
SARA CORRY
Maitland Mercury 20 January 2006 |
by Thoth
January 20, 2006 A series of UFO sightings on Tenerife, in
the Canary Isles, has UFO investigators scratching their heads and
wondering if the Islands’ history holds clues to the current
spate of activity. In the last 18 months, at least three different
disc shaped UFO’s have been photographed on this small Island
off the coast of Africa.
|
By Robert Roy Britt
LiveScience Managing Editor posted: 20 January 2006 Believe it or not, higher education is
linked to a greater tendency to believe in ghosts and other
paranormal phenomena, according to a new study.
Contrary to researchers' expectations, a poll of 439 college students found seniors and grad students were more likely than freshmen to believe in haunted houses, psychics, telepathy, channeling and a host of other questionable ideas. The results are detailed in the January-February issue of the Skeptical Inquirer magazine. |
By LOUISE COMPTON
Sun Online FEW people can claim to have experienced
‘out of this world’ sex - but Pamela Stonebrooke is a
woman who can.
The 52-year-old jazz singer says she enjoyed mind-blowing alien romps with a six-foot reptilian for three years. Comment: SOtT is
rendered speechless (and lunchless)...
|
ANGUS HOWARTH
Scotsman.co.uk Jan 2006 AN OXFORD University student who called a
policeman's horse "gay" will not be prosecuted.
But police stood by their decision to take him to court for "homophobic comments" after the Crown Prosecution Service yesterday dropped the case. Sam Brown, 21, from Belfast, approached the mounted officer during a night out in Oxford after his final exams last May, and said: "Excuse me, do you realise your horse is gay?" Moments later, two police cars appeared and he was arrested under the Public Order Act. English literature graduate Mr Brown, then at Balliol College, spent a night in the cells. He refused to pay an £80 fine, so police took the case to court. But prosecutor Cariad Eveson-Webb told Oxford magistrates the CPS would not proceed. There was not enough evidence to prove Mr Brown's behaviour was disorderly, he said. |
SOTT
January 21, 2006 |
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