16 May 12
If investors think 2012 isn't going their way, they need to brace for a bumpy ride, international investor Jim Rogers says.
If investors think 2012 isn't going their way, they need to brace for a bumpy ride, international investor Jim Rogers says. The global economy and markets are set to dive in 2013 and get worse in 2014 before getting better, says Rogers.
Election-year politics and loose monetary policies will keep the economy afloat this year, but get ready for a sell-off. "2013 will be very bad. God knows what will happen in 2014," Rogers told Fox Business Network.
Magnitude 6.0 earthquake strikes Papua New Guinea
A magnitude 6.0 earthquake shook Papua New Guinea on Wednesday morning, the US Geological survey reported. The quake struck 29 miles west of Kimbe town on the island of New Britain.
Goodbye La Nina: Will drought, hurricanes also go?
The La Nina weather phenomenon is over. Forecasters say that's good news for the drought in the South and hurricane areas along the coasts.
The National Weather Service pronounced the two-year La Nina finished on Thursday. La Nina is the flip side of El Nino and is caused by the cooling of the central Pacific Ocean.
Tropical Storm Aletta forms in the Pacific
Tropical Storm Aletta has formed in the Pacific, becoming the first named storm of the year in the eastern north Pacific. The storm has maximum sustained winds early Tuesday near 40 mph (65 kph) with additional strengthening forecast during the next day or so followed by gradual weakening.
The submarine eruption of El Hierro Island (Canary Islands) in 2011-12: updates
A slight increase of seismic activity has been noted recently. On 12 May, 5 small quakes occurred in the western part of the island at depths of 2-17 km.
US Leads Major War Drill in Jordan – Israel Not Invited
The United States is leading what it described as the "largest military exercises in the Middle East in 10 years" in Jordan on Tuesday.
Eager Lion 2012 “is the largest exercise held in the region in the past ten years,” Major General Ken Tovo, head of the US Special Operations Forces, told reporters in Amman.
Global economic woes growing: India warns of burgeoning economic crisis as deficits soar
Planning Commission member Bhalchandra Mungekar on Tuesday warned that if government does not take “urgent” steps, the country could face a bigger crisis. “If we do not adopt some of the urgent economic measures, I apprehend that a bigger crisis may be awaiting the country,”
Greece to hold new election on 17 June
Greece will hold fresh elections on 17 June and a judge has been appointed to head an interim government.
Council of State president Panagiotis Pikramenos will head the caretaker government until the election.
The election date was announced after party leaders met Greek President Karolos Papoulias on Wednesday.
Ayrault takes over as prime minister in France
Jean-Marc Ayrault has taken over as France's new Socialist prime minister, a day after Francois Hollande was inaugurated as president.
Mr Ayrault, an old Hollande ally, said farewell to his predecessor, Francois Fillon, at the Matignon Palace before starting work on forming a cabinet.
The new president has vowed women will make up half of the cabinet.
Pakistan 'likely to attend' Nato talks on Afghanistan
Pakistan's President Asif Ali Zardari is set to be at this weekend's Nato summit on Afghanistan.
The Pakistani embassy in Washington told the BBC he was "likely to attend" the meeting in Chicago.
Nato said Pakistan had an important role to play in its neighbour's future.
Ancient language discovered on clay tablets found amid ruins of 2800 year old Middle Eastern palace
Evidence of the long-lost language - probably spoken by a hitherto unknown people from the Zagros Mountains of western Iran – was found by a Cambridge University archaeologist as he deciphered an ancient clay writing tablet unearthed by an international archaeological team excavating an Assyrian imperial governors’ palace in the ancient city of Tushan, south-east Turkey.
Bank of England warns of 'storm from Europe' as growth forecast is cut
Sir Mervyn's warning came as the Bank said the UK economy will not return to pre-financial crisis levels before 2014 after it cut its growth forecasts for the next two years. The Bank now expects growth of around 0.8 per cent this year. And the squeeze on consumer spending is set to maintain its grip as the rate of inflation falls more slowly than previously expected, remaining above the Government's 2 per cent target for the next year or so.
Ex-Spain PM: Putin told me 'Israel will take care of Iran'
Don’t worry about Iran, Israel will take care of it, former Spanish prime minister Jose Maria Aznar quoted Russian President Vladimir Putin as telling him years ago.
Aznar, speaking Wednesday at the Jerusalem Center for Public Affairs on a meeting he had with the Iranian Supreme Leader Ali Khamenei in 2002, said Putin’s comments came after he entreated him not to sell S300 anti-aircraft missiles to Iran.
Soros, Leftist Honchos Meet in Miami to Plot 2012
the Biltmore Hotel in Miami hosted a gathering of left-wing muckety-mucks plotting their strategy for the 2012 election cycle. The group hosting the meet-up was the Democracy Alliance, a 2005-created organization of high-powered liberal billionaires. As the Washington Free Beacon reports:
Attendees roamed the grounds at the 150-acre tropical resort on their way to cocktail gatherings, salsa dance lessons, and workshops such as “Occupy the Voting Booth” and “The 1 Percent Rule.” Local police guarded entrances as members attended a “partners only” meeting in the hotel’s Country Club Courtyard.
Turk - Expect Tremendous Chaos, Europe Deteriorating Rapidly
Turk told KWN the situation in Europe is deteriorating and the banking system is being severely tested. Turk also discussed gold and silver, but first, here is what Turk had to say about the crisis in Europe: “The situation here in Europe is rapidly deteriorating, Eric. Moody's downgrade of 26 Italian banks was just the latest nail in the coffin. It seems likely that more bank downgrades are coming in other countries because Europe is in a downward spiral.”
Greece on brink of collapse
Europe’s financial crisis lurched into a perilous new phase as dire predictions emerged of a collapse in Greece’s economy, with a run on its banks bringing an inevitable end to its membership of the euro.
Al-Qaeda releases English-language jihad manual, encourages attacks in the West
Al-Qaeda’s English media affiliate, Al-Malahem Media, published a 16-page online English-language jihad manual on Wednesday entitled “Expectations Full,” which contains advice and instruction for Muslims who wish to wage holy war in the name of Islam.
Much of the focus is on the day-to-day practicalities of waging jihad in countries such as Yemen, Pakistan and Afghanistan, but the author also devotes attention to encouraging Western-based Muslims to carry out attacks in the countries where they are living.
Israel to send fighter jets for joint exercises in the US
The exercises, to be held in the coming months, will strengthen the relationship between the IAF and the US Air Force as they practice carrying out joint operations, according to the report.
Top U.S. think tank warns against Israeli, American strike on Iran
The RAND Corporation, a think tank which advises the Pentagon, warned on Tuesday against an Israeli or American attack on Iran's nuclear reactors, and recommended the Obama administration try to "quietly influence the internal Israeli discussion over the use of military force."
Supporter of Oregon medical pot law wins attorney general race
In a primary election race for Oregon's top law enforcement post, the candidate who pledged to protect medical marijuana patients scored a decisive victory Tuesday night over a rival who led a cannabis crackdown last year.
Deputies: Fla. mom killed 4 kids, then herself
In the middle of the night, Tonya Thomas' neighbors awoke to the sound of a gunshot and moments later heard a knock on their door.
Three of Thomas' four children were outside, including one who appeared to have been shot. Before the neighbors could offer help, Thomas came out of her house and called the children back home.
They complied. The neighbors dialed 911 after hearing more gunshots.
Iran nuclear concession would test big power unity
Facing an imminent toughening of sanctions, Iran is hinting at a readiness to give some ground in its long nuclear stand-off with world powers, but any flexibility could split their ranks and lead to protracted uncertainty about how to respond.
Greek president set to appoint caretaker governmen
Greek President Karolos Papoulias is due to meet party leaders to set up a caretaker government ahead of fresh elections expected next month.
Final talks to form a coalition failed on Tuesday, raising new concerns over Greece's eurozone future.
15 May 12
Oregon mother, daughter reportedly sued for writing bad reviews of church online
An Oregon pastor is reportedly suing a mother and her daughter for $500,000 after the two blogged about the church and described it as "cult-like."
A Censored Race War - Liberal media ignore racially motivated black-on-white crime
When two white newspaper reporters for the Virginian-Pilot were driving through Norfolk, and were set upon and beaten by a mob of young blacks — beaten so badly that they had to take a week off from work — that might sound like news that should have been reported, at least by their own newspaper. But it wasn’t.
Palestinians mark 'Nakba Day'
Palestinians in the West Bank and Gaza Strip, as well as pro-Palestinian supporters in other Arab nations, will mark "Nakba Day" Tuesday, marking the "catastrophe" of the inception of the State of Israel.
The PA has declared a general strike, as did the Higher Arab Monitoring Committee, which declared a strike in Israel's Arab sector.Mass rallies and marches are planned across the Palestinian Authority and in Arab cities in Israel. IDF on High-Alert.
Obama, touting gay marriage stance, calls for repeal of Defense of Marriage Act
Obama openly spoke of repealing the Defense of Marriage Act at a fundraiser Monday, as he defended his personal view that gay couples should have the right to marry.
40 killed in violent hailstorm in China: hailstorms relentless since May 8
Forty people were killed when a brief but violent hailstorm and torrential rain swept through a mountainous region of northwest China. Eighteen others remained missing in Min County, a disaster-prone area of Gansu province, while 87 had been sent to hospital, the local government said.
First Gene Therapy Successful Against Aging-Associated Decline: Mouse Lifespan Extended Up to 24% With a Single Treatment
Researchers at the Spanish National Cancer Research Centre (CNIO), led by its director Mariìa Blasco, have demonstrated that the mouse lifespan can be extended by the application in adult life of a single treatment acting directly on the animal's genes. And they have done so using gene therapy, a strategy never before employed to combat aging. The therapy has been found to be safe and effective in mice.
Gold falls to four-and-a-half-month low on Greece risks
Gold dropped on Tuesday to its lowest price since late December as the euro sank against the dollar on worries that a worsening debt crisis in Greece could spill over into its neighbours and threaten the existence of the single currency.
