Chinese state-owned enterprises (SOEs) may unilaterally terminate derivative contracts with six foreign banks that provide over-the-counter commodity hedging services, a leading financial magazine said. China’s

The electromagnetic waves emitted by mobile phone towers and cellphones can pose a threat to honey bees, a study  published in India has concluded. An

Here is a map of the three month change in the Philly Fed state coincident indicators. Forty six states are showing declining three month activity.

In thinking about economic reform, if you want to contemplate construction techniques outside of “the matrix,” read about the Coral Castle and Nan Madol.

by Lauren Schenkman A recent analysis of the 2007 financial markets of 48 countries has revealed that the world’s finances are in the hands of

by Declan McCullagh Internet companies and civil liberties groups were alarmed this spring when a U.S. Senate bill proposed handing the White House the power

With much of the world still mired in recession, the IMF took action to bolster its members’ reserves through an allocation of SDRs, or Special

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By Andrew Ward and David Oakley For a world first, the announcement came with remarkably little fanfare. But last month, the Swedish Riksbank entered uncharted

By Shannon P. Duffy Ordinarily, the decision to settle a case while an appeal is pending means giving up the opportunity to set a legal

Here is my #1 proposal for health care reform – stop suppressing the knowledge and technology that supports health and prevents and cures disease. If

This is a special flower called a Cereus. It blooms only once a year at night and by dawn the flower is gone, My friend

Scientists who developed the Small Pox vaccine are refusing immunization inoculation against the Swine Flu due to major medical side effects. 1 in 3 UK

by Michel Chossudovsky “Over the course of the next few months, with the assistance of our partners in the private and public sector and at

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Swiss private bank Wegelin announced on Tuesday that it is to stop doing business in the United States. The St Gallen-based bank, Switzerland’s oldest, said

By Steve Silberman Merck was in trouble. In 2002, the pharmaceutical giant was falling behind its rivals in sales. Even worse, patents on five blockbuster

(Reuters Pictures) Senator Ted Kennedy died shortly before midnight Tuesday at his home in Hyannis Port, Mass., at age 77. Continue reading Ted Kennedy Dies

by Dr. Anders Bruun Laursen The average quantity of squalene injected into the US soldiers abroad and at home in the anthrax vaccine during and

U.S. securities regulators are examining weekly meetings at Goldman Sachs Group Inc, where research analysts offer tips to traders and then to big clients, the

Argentina’s Supreme Court ruled Tuesday it is unconstitutional to punish an adult for private use of marijuana as long as it doesn’t harm anyone else.

If someone else says to me that Americans are in a stupor and not doing anything, I will just spit. Lots of Americans are doing

By Karen Gullo The Federal Reserve must make public reports about recipients of emergency loans from U.S. taxpayers under programs created to address the financial

“Non-event” — Congressman Ron Paul’s (R-TX) description of Swine Flu outbreak

By Carrie Johnson In appointing a prosecutor to investigate alleged CIA interrogation abuses, including episodes that resulted in prisoner deaths, Attorney General Eric H. Holder

By Matthew Cole,Richard Esposito and Brian Ross A “profanity-laced screaming match” at the White House involving CIA Director Leon Panetta, and the expected release today

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“A little help from my friends.” Ann, private investigator, on Paul Krugman’s new $1.7 million pad. Read Paul Krugman Gets a New Place to Hang

Extreme Sheep Herding – With Lights! YouTube

By Tami Luhby In Pennsylvania, day care centers are closing. Food banks and libraries are cutting back. A school district is taking out a multi-million

Dear Catherine, I enjoyed your appearance on Coast last night. It was a very insightful discussion as always. You will be shocked and saddened by

By Chris Powell Germany’s central bank, the Bundesbank, today confirmed that much of its gold is held outside the country at “trading centers” where the

It’s been three years since Sarah and Susan Banks had the revelation over coffee at their Aunt Mary’s restaurant, where Sarah had worked summers putting

View larger image By Tyler Durden The fact that more than the entire float of AIG has traded daily on several occasions, should be a

By Stephen Ohlemacher By law, Social Security benefits cannot go down. Nevertheless, monthly payments would drop for millions of people in the Medicare prescription drug

By BBC News China holds more US government debt than any other country and cut its holdings of US securities by more that 3% in

While New York is the capital of banking, one could argue that Boston is the capital of equity investment, being home to numerous mutual fund

By Dr. Mae Wen Ho Within the past several years, however, scientists have found that oxygen (O2) in the atmosphere has been dropping, and at

by Dr. Mae-Wan Ho and Prof. Joe Cummins It is a messy combination of sequences from bird, human and swine flu virus lineages from North

King Assasination – The Trial in 1999 (Part 2-10) Trial Transcript

Ramadan starts today,  Friday, the 21st of August, and will continue for 30 days until Saturday, the 19th of September. Muslims are called upon to

By Jason Kelly and Jonathan Keehner U.S. pension funds contributed to the record $1.2 trillion that private-equity firms raised this decade. Three of the biggest

Warren Bamford, the special agent in charge of the FBI in Boston, said Tuesday that he is baffled by opposition to a proposal to give

By Diana Furchtgott-Roth Buried in the 1,017 pages of the House Democrats’ health-care bill is a little-noticed provision that for the first time could give

Philadelphia and the Delaware Valley Mayor Michael Nutter said the clock is counting down to the implementation of a devastating ‘doomsday budget’ in Philadelphia. During

How do the current deficits compare with past administrations? And how did the national debt get so big anyway? This video tries to answer those

Jackson Hole Every year, the Kansas City Federal Reserve Bank sponsors a meeting of central bankers in Jackson Hole, Wyoming. The 2009 event starts tonight.

View Full Size Chart of The Day: Credit May Crunch Again Before Getting Back To Normal

Having received another repayment, I just made my next loan at Kiva.org to an entrepreneur in Palestine starting a grocery store. Learn more about the

By Ed Mendel The CalPERS chief actuary says pension costs are “unsustainable,” and the giant public employee pension system plans to meet with stakeholders to

By William Selway JPMorgan Chase & Co. agreed to lend California $1.5 billion, a cash infusion that will allow the most-populous U.S. state to stop

The “Impossible” Healthcare Solution: Go Back to Cash Here are the costs of childbirth as of 1952 at one of the finest hospitals on the

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by Meg White I don’t like it when scientists feel the need to explain that they’re scared out of their wits, or use exclamation marks.

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Water Color by Lesta Frank By Anne Stuhldreher …Unless, that is, you’re friends with someone like Maria del Carmen Torres. In between serving up pupusas

Target, Burlington, MA By Eric Janszen The first half of 2009 goes like this: 1. After Christmas sales: 20% to 50% off 2. Liquidation sales:

If you planned to check out a library book, visit a city clinic or have your garbage picked up on Monday, you’re out of luck.

If nuclear weapons exist, then nuclear war is a real possibility. And Delhi is a prime target. It is. But where shall we go? Is

By Rebecca Smith Only a third of nurses have said they are willing to have the vaccine against swine flu amid fears it has not

Sir! No Sir! Sir! No Sir! is a documentary produced, and written by David Zeiger  about the opposition to the Viet Nam War in military

Thank you for all of your wonderful comments at the blog. Alas, not all those commenting had the readers and our best interests at heart.

The Lockheed Fire in Santa Cruz was one of nine big wildfires burning more than 100,000 acres in California last week. It was named after

The 2008 GAAP-based deficit (counting unfunded Social Security and Medicare liabilities, etc.), using accrual accounting, was $5.1 trillion, up from $1.2 trillion ($4 trillion-plus, using

By Daniel Whitten and Simon Lomax The U.S. Senate should abandon efforts to pass legislation curbing greenhouse-gas emissions this year and concentrate on a narrower

Congressman Paul Broun (R-Ga) also spoke of a “socialistic elite” – Obama, House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid – who might

Dear Senator Boxer: You were so right on when you scolded the general on TV for using the term, “ma’am,” instead of “Senator”. After all,

By Laurence Gonzales As a journalist, I’ve been writing about accidents for more than thirty years. In the last 15 or so years, I’ve concentrated

By David Liechty On December 23, 1913, Congress passed the Federal Reserve Act (ch. 6, 38 Stat. 251) and again fundamentally changed the monetary structure

“”A lie keeps growing and growing until it’s as plain as the nose on your face.” I keep getting e-mails that militia are on the

Nothing would please Bernanke and the Federal Reserve Bank of New York more than to see both low long term yields and higher highs in

A friend of mine who has worked in the prison system tells me that the prisoners say the way to tell when the economy is

By Peter Whoriskey Hate car salesmen? Want to skip the test drive? General Motors has some cars to show you. The government-rescued automaker announced on

The Case-Shiller has been signalling an improvement in the second derivative of housing prices for a few months, and in the latest report it even

By Joe Weisenthal and Kamelia Angelova Hopefully deficits don’t matter, because if they do, then boy are we screwed. Today’s chart was put together by

By Richard Milne in Amsterdam Manufacturers are abandoning global supply chains for regional ones in a big shift brought about by the financial crisis and

Secret Office, at The General Post-Office Welcome to John Potter’s world. He’s the nation’s postmaster general. Yes, that’s right: for the last nine years, he

When Mexico Had the Blues: A Transatlantic Tale of Bonds, Bankers, and Nationalists, 1862–1910 By Steven C. Topick As Joseph Schumpeter lyrically described the broader

By Gretchen Morgenson and Don Van Natta Jr. Before he became President George W. Bush’s Treasury secretary in 2006, Henry M. Paulson Jr. agreed to

Southern Presidential Peaks By Gary Tompkins By Catherine Austin Fitts As a child, my summers were spent hiking in the White Mountains (New Hampshire). My

“Our goal was to find out whether we could program DNA to assemble into shapes that exhibit custom curvature or twist, with features just a

The United States on Thursday issued new rules on oil market manipulation that prohibits market players from providing misleading information to influence prices. The Federal

Deutsche Bundesbank Germany’s gold is in U.S. custody, Bundesbank confirms. Dear Friend of GATA and Gold: International journalist Max Keiser has just posted a nine-minute

From Wikipedia The South Atlantic Anomaly (or SAA) is the region where Earth’s inner Van Allen radiation belt makes its closest approach to the planet’s

By Brody Mullins Congress plans to spend $550 million to buy eight jets, a substantial upgrade to the fleet used by federal officials at a

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