Monday, 23. July 2012

Eurozone crisis live: Spanish bond yields hit new record highs


• Spanish 10-year bond yield climbs over 7.51% • Second Spanish region seeks help • Stock markets fall; FTSE 100 down 75 points • The Agenda

The euro has fallen to a fresh set of lows against other currencies this morning, as fears swirl that Spain will be locked out of the financial markets.

Against the yen, the euro fell over 1% to just 94.27 yen, its lowest level since November 2000.

The euro has also continued its slide against the US dollar, hitting $1.2085, and it's down at a a new nine and a half-year low against the Norwegian crown.

guardian.co.uk

... Link (0 comments) ... Comment



Global banks are the financial services wing of the drug cartels


As HSBC executives apologise to the US Senate for laundering drugs money, the fact is that nothing changes

"Steal a little," wrote Bob Dylan, "they throw you in jail; steal a lot and they make you a king." These days, he might recraft the line to read: deal a little dope, they throw you in jail; launder the narco billions, they'll make you apologise to the US Senate.

Two months ago in Washington DC, a poor black man called Edward Dorsey Sr was convicted of peddling 5.5 grams of crack cocaine. Because he was charged before a recent relative amelioration in sentencing, he was given a mandatory 10 years in jail.

guardian.co.uk independent.co.uk old shit

... Link (0 comments) ... Comment



Aktenvernichtung beim Verfassungsschutz CSU-Experte schreibt NPD-Verbot ab


Ein Verbot der rechtsextremen NPD ist durch die Affäre um die Vernichtung von Akten beim Bundesamt für Verfassungsschutz fast unmöglich geworden. Davon geht CSU-Innenexperte Hans-Peter Uhl laut einem Zeitungsbericht aus. Das Material des Geheimdienstes könne nun leicht in Zweifel gezogen werden.

spiegel.de

... Link (0 comments) ... Comment



Cat milk


Clarification

... Link (0 comments) ... Comment


Sunday, 22. July 2012

Hopping on water


Winners of Tourism Australia's Dream Team photography competition revealed

Hopping on water

ews.com.au

... Link (0 comments) ... Comment



San Francisco Considers Strict Outdoor Smoking Ban – Except For Medical Pot


Smoking anything other than medically-prescribed marijuana at San Francisco street fairs, festivals and other outdoor events held on city property would be banned under new legislation before the Board of Supervisors.

Supervisor Eric Mar said he introduced the proposal because of the health impacts of secondhand smoke when people light up in public.

sanfrancisco.cbslocal.com

... Link (0 comments) ... Comment


Wednesday, 18. July 2012

Egyptians pelt Clinton motorcade with tomatoes


A tomato struck an Egyptian official in the face, and shoes and a water bottle landed near the armored cars carrying Clinton's delegation in the port city of Alexandria after she gave a speech on democratic rights.

........Protesters chanted "Monica, Monica," a reference to the extra-marital affair conducted by Clinton's husband, former President Bill Clinton, while in the White House. Others earlier chanted "leave, Clinton" an Egyptian security official said.

reuters.com

... Link (0 comments) ... Comment



HSBC Allowed Narcos To Launder Billions


The Justice Department and HSBC Holdings PLC are accelerating settlement talks to resolve a criminal probe into laundering of drug-cartel and other money, according to people familiar with the investigation.

A settlement of the money-laundering investigation is near and could come within weeks, according to these people. Among the allegations Justice Department prosecutors have focused on, according to people familiar with the criminal probe, is whether bank officials were complicit in laundering by drug cartels by allowing suspicious money to be hidden in flows of bulk cash between the U.S. and Mexico.

wsj.com

... Link (0 comments) ... Comment



Wenn wir bald alle winzige Peilsender haben, werden wir dann auch alle GPS stören und fälschen?


GPS-Geräte werden bald kleiner und genauer als bisher, mit gewaltigen Auswirkungen auf die Privatsphäre. Neben praktischen Vorteilen wächst damit die Gefahr, ausgespäht zu werden. Beispiele gab es schon. Jetzt haben zivile Forscher einen GPS-Spoofer entwickelt, mit denen sie auch Drohnen austricksen und übernehmen können.

netzpolitik.org

... Link (0 comments) ... Comment


Tuesday, 17. July 2012

Eurozone crisis live: Mervyn King faces MPs on Libor and financial stability


• MPs will ask Bank of England governor about his role in the Libor rate-fixing scandal... • ....and the impact of the eurozone crisis on the UK • Ben Bernanke to testify to Senate later

08:20 BST

Another day in the bond markets begins with traders driving up the prices of 'safe-haven' eurozone government bonds.

Already, the yield (effectively the interest rate) on Belgium's 10-year debt has hit a euro-era record low of 2.53%. And the yield on Germany's 2 year bonds has hit a new record low of -0.061%. A negative yield means you would not get all your money back if you held the bond until it matured.

The yield on Austria's 2-year bonds is also below 0%, while the French equivalent has hit a record low of 0.058%*.

guardian.co.uk

... Link (0 comments) ... Comment



Welcome to London! Royal Navy's largest warship sails down the Thames as armed forces put on show of strength for Olympics


The British military's largest warship, HMS Ocean, was carefully positioned into its Greenwich dock to prepare for Olympics security Mayor of London has welcomed the 3,500 extra troops brought in to secure Games saying the public will like that they are there The extrovert politician added the armed soldiers will add 'tone' to the event PM David Cameron said G4S should be pursued for money for not delivering on their contract

dailymail.co.uk

... Link (0 comments) ... Comment



Immer mehr Jugendliche alkoholabhängig


Innerhalb von fünf Jahren hat sich die Zahl der alkoholabhängigen Jugendlichen verdoppelt. Diesen dramatischen Anstieg stellen Fachärzte der Landesnervenklinik Wagner-Jauregg in Linz fest.

orf.at

... Link (0 comments) ... Comment