News
Archives, July 1-7, 2007
Saturday, July 7th, 2007
- Firefighters Content With
Triple-Digit Temperatures as They Battle Western Wildfires
SALT LAKE CITY
(Fox) —
"Firefighters had to contend with triple-digit temperatures
Friday in
Utah, Southern California, Nevada, Oregon and Idaho as they battled
wildfires that charred thousands of acres in rugged terrain.
Crews managed to keep a
week-old blaze that killed three people and destroyed a dozen homes in
northeastern Utah from growing much larger, despite gusty wind,
officials said.
Twelve helicopters and
more than 800 firefighters were working the fire 100 miles east of Salt
Lake City. It was 55 percent contained Friday and had consumed just
over 66 square miles in Uintah and Duchesne counties.
"The
hard work of the crews paid off as containment lines held as winds
gusted up to 30 mph," the Rocky Mountain Incident Management Team said.
On
the Utah-Arizona line, where temperatures exceeded 100 degrees, 50
firefighters and two air tankers fought a blaze southwest of St. George
that was sparked by lightning Thursday and burned at least 4,000 acres,
or six square miles.
'Erratic winds caused the
fire to quickly grow in size and remain extremely active throughout the
night," the U.S. Bureau of Land Management said. "Smoke from the Black
Rock Gulch fire is visible from St. George and surrounding communities.'
Meanwhile, Idaho
officials say a central Idaho forest fire ignited last week by
lightning is nearly contained.
So far, the Dry Creek
Fire has burned about 57-hundred acres in a forest area about 23 miles
southwest of Grangeville.
But
officials say the blaze is now about 85 percent contained ... and some
fire crews and equipment will be demobilized today and tomorrow.
Spokesman
Ted Pettis says firefighters today will continue to patrol fire lines
where burnout operations occurred and helicopter water bucket drops
will be used as needed.
The fire that started
last Friday burned to an area near the Salmon River and close to the
Snake River. Some of the blaze occurred in steep, inaccessible terrain.
In
Southern California, 1,500-acre wildfire burned Friday in the foothills
of Santa Barbara County as nearly 1,000 firefighters struggled to halt
its spread in dense, dry brush. It was 30 percent contained, county
fire Capt. Eli Iskow said.
The fire broke out
Wednesday about 15 miles north of Los Olivos and burned in chaparral
and stands of oaks and moved into Los Padres National Forest..."
More:
Stifling
heat spreads throughout West
I can
personally attest; not having A/C is the pits but as long as one is
adequately hydrated, no worries.
- U.S. pursuing more pressure on Iran
WASHINGTON (Reuters) - "Senior U.S. officials will consult allies
in
Europe next week on ways to intensify pressure on Iran amid suspicions
Tehran is trying to evade sanctions by concealing the origin of
financial transactions.
U.S. Secretary of State
Condoleezza Rice said on Friday that with
Iran becoming "increasingly dangerous," the United States and its
allies are discussing new sanctions to further curb Tehran's access to
the international financial system.
While Washington is
committed to a diplomatic solution, Iran must
know "there are coercive elements to our policy as well," Rice said in
an interview with Maria Bartiromo on CNBC's "Closing Bell" program.
"We are working on
financial measures that really will say to the
Iranians, 'You cannot use the benefits of the international financial
system and continue to pursue a nuclear weapon'," Rice added, according
to an official State Department transcript.
Undersecretary of
Treasury for Terrorism and Financial Intelligence
Stuart Levey said he would visit London, Paris, Berlin and Frankfurt
next week to "compare notes" about how Iran is using the international
financial system to continue to pursue its nuclear program and support
extremists.
Assistant Secretary of
State John Rood, who handles non-proliferation issues, will accompany
him.
"Some of the things we've
been paying special attention to is how
Iran has adapted financial practices that allow it to attempt to evade
both controls of Islamic financial institutions as well as potentially
to evade (U.N. and U.S.) financial measures that have been put in
place," Levey told reporters.
In some cases, Iranian
state-owned institutions -- including the
central bank and Bank Sepah, which is under U.N. and U.S. sanctions --
have asked other institutions they do business with to handle
transactions without using their names, he said.
This
risks involving international financial institutions that do
have integrity in tainted transactions and "also is a means by which
Iran can do something to evade sanctions that are in place," Levey
said..."
Who else can see the writing on the
wall?
- AK-47
Inventor Doesn't Lose Sleep Over 'Havoc Wrought With His Invention'
MOSCOW (Fox)
— "Sixty years after the AK-47
went into production, Mikhail Kalashnikov says he does not stay awake
at night worrying about the bloodshed wrought by the world's most
popular assault rifle.
"I sleep
well. It's the politicians who are to blame for failing to come to an
agreement and resorting to violence," Kalashnikov said Friday at a
ceremony marking the birth of the rifle, whose initials stand for
"Avtomat Kalashnikov."
It was before he
started
designing the gun that he slept badly, worried about the superior
weapons that Nazi soldiers were using with grisly effectiveness against
the Red Army in World War II. He saw them at close range himself, while
fighting on the front lines.
While
hospitalized with wounds after a Nazi shell hit his tank in the 1941
battle of Bryansk, Kalashnikov decided to design an automatic rifle
combining the best features of the American M1 and the German StG44.
"Blame
the Nazi Germans for making me become a gun designer," said
Kalashnikov, frail but sharp at age 87. "I always wanted to construct
agriculture machinery."
Since production began,
more than 100 million AK-47s have been made — either at the home
factory in the central Russian city of Izhevsk,
under license in dozens of other countries, or illegally. Sergei
Chemezov, director of the Russian arms export monopoly Rosoboronexport,
said nearly a million a year are produced without license..."
"Havok Wrought"... Wow.
Gotta love the Spin they throw on anything (and by "them" I mean all
mainstream media) before they can even get past the headlines.
I know people who've used this
"invention" to stave off raiders from burning their village to the
ground, prevent their daughters from being raped, or even in the case
of Katrina, Americans protecting their family and their worldy
posessions as they drove out of the city during the worst of it.
Of course, in the American instances, they
were all "Civilianized, Semi-Auto-Only" variants so they aren't "Evil",
just "Evil-Looking". How I do loathe the anti-gun movement.
Friday, July 6th, 2007
- Satellite spots secret Chinese Sub
This photograph,
taken by DigitalGlobe's Quickbird satellite, appears to show
China's latest nuclear-powered, ballistic-missile submarine at port.
Beijing
(MSNBC) - "A policy analyst was making his regular checks
of Google Earth when he came upon a rare prize: a photo of China's
latest nuclear-powered, ballistic-missile submarine at port. It's the
first publicly available satellite view clearly showing Beijing's
Jin-class submarine, according to experts on the country's naval
program.
The
find, made by Hans Kristensen, director of
the Federation of American Scientists' Nuclear Information Project,
confirms that China is progressing in its plan to build stealthier
nuclear-powered submarines. It also illustrates how commercial
satellite imagery adds to the debate over international security.
The
fresh image of China's Xiaopingdao submarine base near Dalian, snapped
late last year by DigitalGlobe's Quickbird satellite, probably wouldn't
tell the U.S. military anything it didn't know about the Jin-class sub,
said Lyle Goldstein, a specialist on Chinese maritime development
and nuclear strategy at the Naval War College.
"Any
photo that Google Earth has, I'm sure the
Pentagon already had a long time ago. ... The Department of Defense has
much better capability," he told me. (Goldstein emphasized that he was
voicing his own opinion and not speaking on behalf of the Pentagon or
the U.S. Navy.)
The
picture's value has more to do with what
people outside the government know about China's military capabilities.
You can focus in on the sub yourself by starting from this wide-angle
view of the submarine base, then aiming for the top of the "toe"
in a boot of land sticking out from the shore.
Goldstein said he knew of one other unclassified picture
purporting to show the Jin-class submarine, but the evidence for
the
identification is not as solid. Thus, the newfound picture "does
advance the ball in terms of public knowledge," he said.
"I
sent it around to all my colleagues here,"
Goldstein said. "There's been speculation about this for a long time,
but in the open press this is one of the first visual indicators
that
China is succeeding in the second generation [of its
nuclear-powered
sub program]."
Kristensen said he was of the same mind about
the picture's significance: "This enables the public to
participate in
this debate and ask better questions."
The wider debate focuses on China's military
capabilities and intentions. Experts say Beijing's
first-generation
nuclear missile sub, known as the Xia class, didn't quite make the
grade because of its high noise levels and radiation leakage. Another
drawback had to do with the nuclear-tipped ballistic missiles it was
thought to carry: They had an estimated range of 1,100 miles
(1,800
kilometers), not enough to project power globally.
In
contrast, the Jin-class sub is thought to be
bigger and quieter, carrying missiles with a 5,000-mile
(8,000-kilometer) reach. U.S. intelligence assets were said to
have spotted the sub back in 2004, but the Pentagon has
never released any pictures for public consumption.
Kristensen told me he makes routine checks for
fresh imagery of sensitive sites on Google Earth, and when he spotted
the new picture from Xiaopingdao, he assumed it was one of the
Xia-class subs. "But then I started looking more carefully and
comparing the dimensions," he said.
He
analyzed the new picture in his posting to the Strategic Security
Blog,
and surmises that the next-generation sub is still undergoing testing
three years after the first reports. "The fact that it's at this
particular base, where the missile testing base is located, just
probably shows that it's not quite up to speed yet," Kristensen said.
Kristensen found it interesting that the sub
was just sitting out in the open. "The Chinese don't seem to be hiding
this information in any particular way," he said.
He
noted that the Chinese have a Xia-class sub
on display at another base, also visible via Google Earth. "That is an
open drydock where the [missile] tubes have been exposed, and a portion
of the hull has been cut open so you can see directly into the reactor
compartment," Kristensen said. "That is normally some of the most
sensitive information, if you ask the people on our side."
He
speculated that the Chinese might be leaving
their subs open for satellite viewing as a kind of deterrent - in
effect, letting the world know that they're moving forward with
advanced weaponry.
This
isn't the first time commercially
available satellite imagery has opened a window on weighty
international issues: For years, GlobalSecurity.org has followed
military developments in Afghanistan, Iran, Iraq, North Korea and
elsewhere through its Public Eye satellite program. More recently,
Google Earth and Amnesty International have documented Darfur's agonies
using satellite data.
Kristensen noted that whole communities of
citizen analysts have grown up around the publicly available satellite
imagery. "It has become an extraordinarily important resource for
monitoring the earth and what's happening on it," he said.
Goldstein agreed that publicly available
imagery is a boon for analysts. "We have in our possession hundreds if
not thousands of images of the PLA [People's Liberation Army] Navy,
including the diesel-class submarines," he said. "These are all
unclassified. We just get them off the Internet."
However, Goldstein and other analysts still
wish the Chinese would show more official openness about their naval
aspirations - particularly when it comes to the nuclear submarine
fleet, which one Chinese military leader has said would be the "most
critical naval asset" in future conflicts.
"I don't think Americans object to China
building a strong navy, but the objection is, how do we understand
where this is going? That's where most other naval powers are making
all the data available on these programs," Goldstein said.
"In
2004, we learned about a new class of
Chinese submarine, the Yuan class. How did we learn about it? Some
pictures turned up on the Internet," he continued. "Is this the way
China wants to get the word out that it's building new capabilities?
This is really the worst way of letting other countries know about new
military capabilities, because surprise feeds these anxieties around
the region and in the United States about China's long-term intentions."
Last
year, Secretary of State Condoleezza Rice voiced concern about
China's military buildup, saying it seemed "outsized" for
Beijing's regional security role. Later, the U.S. Office of Naval
Intelligence estimated that China might build five Jin-class
submarines. And just today, Australia seconded U.S. concerns
in its own defense policy blueprint, warning that China's rapid
military modernization could lead to "misunderstanding and instability"
in the Asia-Pacific region.
Goldstein said the new Jin-class submarines,
which are "boomers" built for a nuclear doomsday, are still a
subject
of "serious debate among analysts." It's not at all clear whether
they will play a significant role in China's future military, or
whether they're merely a sideshow.
"It's for saber-rattling - to say, 'Hey, we put
our boomers to sea, and this could get very ugly,'" he said. "It's the
ultimate trump card for the Taiwan scenario."
For his part, Goldstein is more
interested in
whether China will develop a robust fleet of nuclear attack submarines,
which could serve as far more versatile platforms for challenging U.S.
naval power in the years ahead. "That is a very good indicator of
China's global intentions," he said..."
The cat is
out of the bag now. The only question is, how many more do the
Chi-Com's have?
- Records melt in West
LAS
VEGAS, Nevada (CNN) -- "Forecasters predicted another sweltering
day Friday for the Western United States, as heat warnings will remain
in effect for some areas after Thursday's record-high temperatures.
Records were set Thursday in desert
areas of Southern California: Death Valley, 127 degrees; Baker, 125
degrees; and Palmdale, 113 degrees.
The temperature at Las Vegas' McCarran
International Airport reached 116 degrees Thursday -- tying a record
high for the date set in 1985 at that station. The all-time high record
temperature for the city was 117 degrees.
The temperature reached a record-high
116 for the second straight day in Phoenix, Arizona. Mayor Phil Gordon
said he was asking residents to check on their loved ones, especially
seniors living alone, to make sure they are all right.
The city -- where the temperature
reached 111 degrees by 1 p.m. -- has opened several hydration centers
and assigned firefighters and police officers to carry drinking water
and distribute it to the homeless, he said.
In northeastern Oregon,
temperatures hit 107 in Hermiston and 106 in Pendleton.
The high was 100 in Spokane, Washington,
where the record of 108 was sent in 1928. In nearby Coeur d'Alene,
Idaho, the day's high of 99 fell short of the forecast of 102 but
threatened the record of 100 set in 1975.
Boise, Idaho, reached 103 degrees
Thursday, the Associated Press reported. A predicted high of 107 on
Friday would shatter the date's record by six degrees, AP said.
"Once it gets that high -- 105,
107, 109 -- it just feels hot," Rick Overton, a copywriter for a
digital marketing firm, told AP..."
"In the shade, in the shade", I tell
you.
- Hurricane
center staff asks for new boss
MIAMI,
Florida (CNN) -- "About half of the staff of the National
Hurricane Center have signed a petition calling for the ouster of the
center's director, saying its "effective functioning" is at stake as
the Atlantic hurricane season heads toward its peak.
"An unfortunate public debate is now
occurring over the ability of the National Hurricane Center to meet its
mission," the petition, released Thursday, says. "The undersigned staff
of the National Hurricane Center has concluded that the center needs a
new director, and with the heart of the hurricane season fast
approaching, urges the Department of Commerce to make this happen as
quickly as possible."
Twenty-three people signed the petition
-- about half the center's total staff, but about 70 percent of those
who were available and discussed the statement Thursday, said James
Franklin, a senior hurricane specialist.
The center's current director, Bill
Proenza, took over in January after the retirement of Max Mayfield.
Proenza caused an uproar last month with
comments about a key hurricane satellite called QuikScat. The satellite
is five years beyond its life expectancy and operating on a backup
transmitter. Proenza said if it were to fail, forecast tracks could be
thrown off by as much as 16 percent.
He told CNN that Washington reprimanded
him for the comments -- "They wanted me to be quiet about it."
But one of the center's veteran
forecasters said Proenza's comments were misguided..."
It's not like a hurricane is going to
sneak up on you in 5 minutes. This is the sort of thing where
even a doppler radar can give you a good 12 hour warning.
Thursday, July 5th, 2007
- Oil hovers near 10-month high
SINGAPORE (Reuters) - "Oil prices held steady at $73 a barrel
after
briefly marking a new 10-month high on Thursday as dealers awaited
weekly U.S. oil inventory data expected to show little change in crude
or fuel stocks.
London Brent crude
currently seen as more representative of global
oil prices, eased 5 cents to $73 a barrel at 0158 GMT, after having
traded as high as $73.32 a barrel, the highest front month price since
late August.
U.S. crude eased 2 cents
from its Tuesday close to stand at $71.39,
with activity still thin following Wednesday's Independence Day holiday.
Oil prices have risen to
a series of 10-month highs over the past
week as traders fret over thin U.S. gasoline supplies and fear a rapid
drawdown in lofty crude stocks if OPEC maintains its supply curbs
through the peak summer demand season.
Weekly inventory data due
out at 1430 GMT is unlikely to do much to
change the medium-term outlook, according to a Reuters poll of analysts
that shows an expected 100,000 barrels rise in distillate stocks and a
300,000 barrels increase in gasoline.
Crude stocks were
expected to have fallen by 300,000 barrels from a
nine-year high, but analysts may be more focused on refinery
utilization rates, which were expected to have risen by 0.9 percentage
points from exceptionally low levels.
"We will be keeping an
eye on refinery production figures, as any
indication of higher run rates would signal a drawdown on crude
stocks," said Tobin Gorey, a commodities strategist with Australia's
Commonwealth Bank.
OPEC officials maintain
that current high prices are the fault of
insufficient refining capacity, not a lack of crude oil supplies,
despite calls by consumer nations to lift supply now to avoid a squeeze
ahead of the winter..."
I need to
buy a mountain-bike like pronto.
- Mexico landslide buries bus, up to
60 dead
ELOXOCHITLAN, Mexico (Reuters) - "The side of a sodden mountain
collapsed on a bus carrying up to 60 passengers along a remote Mexican
road on Wednesday and hours later rescuers could only pull a woman's
corpse from the debris.
Local rescuers said those
on board were probably killed but the government held out hope for
survivors.
After days of heavy rain,
part of an almost vertical hill tumbled on
the bus as it wound through an indigenous area of the southern state of
Puebla, burying it entirely under a sea of mud, fallen trees and jagged
gray boulders.
A second smaller mudslide
hampered early efforts by bystanders to
dig for survivors at the disaster site in the municipality of
Eloxochitlan.
As much as 23 feet of mud
and rock lay on top of the vehicle, senior state rescue official German
Garcia told Reuters.
Soldiers heaved at the
debris by night with digging vehicles but
were only able to reach the body of a woman thought to be in her
mid-twenties, according to state officials. No survivors were found.
A few hundred villagers
stared at the rubble while a handful prayed around candles in a nearby
house.
"We're so sad, we're
destroyed. Just think how many souls we have lost," said 30-year old
corn farmer Benito Cortes..."
Of all the dumb luck; man what a
terrible thing to have happen. Also, a very difficult situation
to be prepared for.
- Russia
issues new missile threat
Russia
(BBC) - "Russia has raised the idea of moving new missile forces to
Kaliningrad, close to Poland and Lithuania.
First Deputy Prime Minister Sergei
Ivanov linked the possible
move to US plans for a missile defence system in Poland and the Czech
Republic.
Russia has already threatened to hit
back by targeting missiles at Europe.
Mr Ivanov said there would be no need to
move extra forces to
Kaliningrad if the US agreed to use Russian facilities instead of the
Polish and Czech bases.
Russia says the US plans for a limited
missile defence shield,
including bases close to Russia's borders, represent a threat to its
security.
It has proposed that the US should use a
radar facility in
Azerbaijan, and another installation currently being built in southern
Russia.
US President George W Bush has described
the idea as "innovative"
but indicated that the US will press ahead with the plans for a radar
station in the Czech Republic, and a missile base in Poland.
The US says its missile shield is not
directed at Russia, but at what it considers "rogue states" such as
Iran..."
Cold War II is always interesting.
Wednesday, July 4th, 2007
- Happy Independance
Day! Let Liberty Ring Now and Forever in these United States of
America!
- Oil holds below $73, gasoline
supply fears support
SINGAPORE (Reuters) - "Oil prices held just under $73 a barrel on
Wednesday, hovering near their highest in 10 months on expectations of
strong summer gasoline demand and low inventory levels in the world's
top consumer.
London Brent crude
(LCOc1: Quote, Profile, Research),
currently seen as more representative of global oil prices, fell 3
cents to $72.90 a barrel by 0617 GMT, although trading activity was
expected to be muted due to the U.S. public holiday.
U.S. crude (CLc1: Quote,
Profile, Research)
shed 8 cents to $71.33 after gaining 5 percent over the past five days.
The New York Mercantile Exchange (NYMEX) trading floor will be shut on
Wednesday, but electronic Globex trade continues as usual.
Although gasoline
inventories in the United States have been rising
steadily in recent weeks, they remain well below seasonal norms
following a heavy maintenance season this spring and a slew of
unplanned shutdowns. But demand is stronger than ever.
"Despite where prices are
at the moment, there is no indication that
demand is tapering off at the pump," said Andrew Harrington,
commodities analyst from ANZ Bank in Australia.
U.S. travel group AAA
predicted last week that a record 41.4 million
Americans would hit the roads for Fourth of July travel, up 0.8 percent
from last year despite near-record high pump prices.
"It's a lifestyle change
that isn't going to change anytime soon --
they love their big cars, and would sooner give up something else than
that," Harrington said.
U.S.
weekly gasoline stocks probably rose by just 300,000 barrels
last week, even with refinery utilization rates recovering to above 90
percent, a Reuters poll found..."
How long is
this going to remain a feasible fuel source for EVERYONE? It's
becoming more and more clear that it won't be the 'Everybody' fuel for
much longer.
- Dollar hits 26-year low vs pound
as ECB, BoE awaited
TOKYO (Reuters) - "The dollar held near a 26-year low against the
pound on Wednesday and a two-month trough versus the euro, with trade
quiet around the U.S. Independence Day holiday as investors awaited key
central bank verdicts later this week.
The yen edged up after
ratings agency Moody's said it may upgrade
Japan's sovereign rating of A2, saying the country had reached an
"inflection point" in the government's efforts to improve its massive
debt.
But the yen's gains were
fleeting as the Japanese currency remained
dogged by its low 0.5 percent yield, the lowest among industrialized
countries, and the Bank of Japan's repeated pledge to raise interest
rates only gradually.
Analysts said the euro
would stay the strongest of top major
currencies with the European Central Bank set to keep up its
inflation-fighting talk and raise rates as much as twice more this year.
"The ECB will keep a very
hawkish stance even though the process of
monetary normalization is coming to an end," said Kikuko Takeda,
currency strategist at Bank of Tokyo-Mitsubishi UFJ.
The ECB and its president, Jean-Claude Trichet, are seen reinforcing
expectations for higher rates in the euro zone from 4.0 percent on
Thursday..."
There goes the neighborhood.
- Auto
sales wobble in June, GM plunges
TOKYO/DETROIT
(Reuters) - "General Motors Corp. (GM.N: Quote, Profile, Research)
on Tuesday posted a steeper-than-expected 24 percent drop in June
sales, as U.S. automakers lost share to Japanese brands and overall
vehicle sales sputtered in the face of high gas prices and a weak
housing market.
Shares of GM dropped more
than 4 percent after the holiday-shortened
close of trade on the New York Stock Exchange in reaction to the sales
shortfall and indications the largest U.S. automaker would have to
respond with bigger discounts.
Sales for GM's
Detroit-based rivals also slid for June, while Toyota Motor Corp.
(7203.T: Quote, Profile, Research), Honda Motor Co. (7267.T: Quote,
Profile, Research) and Nissan Motor Co. (7201.T: Quote, Profile,
Research) all gained ground after taking the unusual step of increasing
spending on showroom discounts.
"The sales boost (for the
Japanese brands) came from the big
incentives spending," said Atsushi Kawai, auto analyst at Mizuho
Investors Securities in Tokyo. He added he expected a gentle rise at
top Japanese brands on average for the rest of the year.
Nissan's
sales gained an industry-leading 18 percent, in what Kawai
attributed to a sharp drop the year before when defects had forced the
company to halt sales of the big-volume Altima and Sentra sedans..."
More:
Ford and GM see
US sales decline
"So goes GM, so goes the American
Economy". I forget who said it, but someone did.
Tuesday, July 3rd, 2007
- Firefighters make progress with
Utah, California wildfires
WHITEROCKS, Utah (AP)
-- "Aided by light winds, firefighters made "outstanding" inroads
Monday against a wildfire that has killed three people and burned more
than 54 square miles.
About two dozen people in this town were
allowed to return home
as crews maintained fire lines near buildings in the sparsely populated
area about 100 miles east of Salt Lake City, Utah.
But away from homes and other buildings,
the strategy mostly was
to let the fire burn dead trees in the Ashley National Forest, said Jay
Esperance of the U.S. Forest Service.
"We've made outstanding progress,"
Esperance said. "It is substantially more manageable."
The wildfire was 5 percent contained
Monday morning.
Since Friday, when three people were
killed, the fire has burned
35,000 acres, about one-third in the national forest and the rest on
private and public lands and the Uintah and Ouray Indian reservations,
said Marc Mullenix, an incident commander.
The cost so far: $1.6 million, half of
it tied to helicopters and
aircraft dropping water and retardant, he said. Video Watch man say he
could have put out fire »
About 300 people had to leave a handful
of communities over the
weekend, but Whiterocks, Utah, residents were allowed to return.
On Monday, Marcus Perry, 23, said a lot
of people don't want to
leave their homes even when evacuation orders go out. His parents left
for a few hours Saturday and then returned, he said.
"It's happened before," said Perry, a
municipal firefighter
working outside his parents' home, of wildfires in the area. "Once
you've seen one ... it's not too much to worry about."
The fire, fed by dry pinon trees,
knocked down at least 100 power poles and scorched roads.
At least a dozen structures have burned
to the ground, mostly on
Indian land, Mullenix said, but he didn't know whether they were homes
or barns.
About 400 firefighters were summoned
from across the country,
authorities said. The Utah National Guard sent 100 people to keep roads
closed and assist in law enforcement away from the fire.
Temperatures were in the 90s Monday,
with humidity at less than
20 percent. The National Weather Service predicted temperatures near
100 later this week..."
Metal roof, check. Brick Walls, check. Trees 20 meters away
from
house and not closer, check. You should realize that
most homes are
insanely flammable. They don't have to be.
- Dollar hits 26-year low vs
sterling on rate view
TOKYO (Reuters) - "The dollar hit a
26-year low versus sterling and
hovered near a record trough against the euro on Tuesday as investors
flocked to currencies whose interest rates are expected to climb
further and erode the dollar's appeal.
Investors were hesitant
to buy the dollar ahead of the U.S.
Independence Day holiday on concerns about the threat to the United
States following an attack on Glasgow airport and foiled attempts to
detonate car bombs in London late last week.
High-yielding currencies
remained well-supported, helping to keep
the Australian dollar near an 18-year high hit against the dollar on
Monday, while the New Zealand dollar hovered around its strongest since
the currency was allowed to trade freely in 1985.
"The U.S. currency is
under pressure as central banks elsewhere,
such as the Bank of England, could raise interest rates at policy
meetings this week," said Masafumi Yamamoto, currency strategist at
Nikko Citigroup in Tokyo. "A recent fall in U.S. long-term interest
rates is also hurting the dollar."
Interest rates remain a
big driver of the market, and currencies
whose rates are expected to rise will extend their gains, analysts said.
This view will likely
continue to batter the low-yielding yen, which
many investors have been using to fund purchases of assets in
higher-yielding currencies in carry trades..."
Money with no backing other than the
trading of oil and debt not doing so hot against sterling? What a
shocker....
- Oil spills into Kan. river as
flooding continues
OSAWATOMIE, Kan (MSNBC).
- "An oil spill added to the
misery caused by widespread flooding Monday as thousands of evacuees in
Kansas, Oklahoma and Texas waited for water to recede from their homes.
Kansas
got a break from the weather Monday, but more rain was scattered over
Texas and eastern Oklahoma, the latest in nearly two weeks of storms.
It was the 20th straight day that rain had fallen in Oklahoma City.
“It’s
such a dynamic situation,” said Parker County, Texas, spokesman Joel
Kertok. “We get a break, and then it starts raining again.”
A
pumping malfunction during the weekend
allowed 42,000 gallons of crude oil to escape from the Coffeyville
Resources refinery into the swollen Verdigris River in south-central
Kansas, producing a floating slick that could be seen and smelled from
the air.
The
federal Environmental Protection Agency had teams on the scene, said
Jim Miller, Montgomery County emergency manager. About a third of the
homes in Coffeyville and a quarter of homes in Independence had been
evacuated, he said, and water intakes for Coffeyville, Independence and
Elk City had been shut down..."
Learn to swim.
Monday, July 2nd, 2007
- Nearly half of Kansas town's
residents ordered out amid flooding
OSAWATOMIE, Kansas (AP) -- "Flooding
worsened Sunday across parts of Kansas and Missouri, forcing more
people from their homes, and meteorologists said it could be days
before rivers return to normal following days of drenching rainfall on
the Plains.
The Kansas National Guard was sent to
help with a mandatory evacuation of Osawatomie, a town of 4,600, as the
overflowing Pottawatomie Creek inundated neighborhoods and workers
struggled to reinforce a levee on the Marais des Cygnes.
Mayor Philip Dudley said 40 percent of
the town was under the evacuation order.
"They came and told us to leave at 6:30
this morning," said Shanda Dehay, 17. "We weren't able to get anything
out. These clothes I'm wearing are my aunt's."
Despite the order, many residents waded
through the water or paddled in rowboats for their belongings and to
survey the damage, which included homes that were half underwater and
nearly submerged vehicles. Video Watch the latest report on flooding in
the region »
Construction worker Joe Clark, 54, and
his brother helped people retrieve items from their homes with their
canoe. Clark couldn't get into his own home because the water had
already risen to within a few feet of the eaves.
"Might as well help people get out what
they can," Clark said. "I can't get to anything of mine."
Dudley corrected earlier reports that a
levee had failed along the Pottawatomie Creek, saying storm waters had
overwhelmed pumping stations along the creek but that levees and dikes
are still holding.
Storms across the southern Plains have
claimed 11 lives in Texas since more than a week ago, and two Texans
were missing. That state has gotten some of the worst of the lingering
storm system, with the weather service measuring more than 11 inches of
rain in June at Dallas-Fort Worth International Airport, about a
half-inch shy of the 1928 record. The town of Marble Falls collected
about 18 inches in one night last week..."
I'm seeing a
growing trend in Middle-America. This doesn't bode well for the
rest of the season.
- Utah wildfire kills 3;
Californians return as Tahoe blaze diminishes
NEOLA,
Utah (AP) -- "A fast-moving wildfire burning in eastern Utah
killed three men who were working in a hay field, authorities said.
A 63-year-old man and his 43-year-old
son were working in the field Friday afternoon when they were caught by
the fire and died at the scene, said Louis Haynes, a spokesman for the
Uintah Basin Interagency Fire Center.
A 75-year-old man injured in the fire
died overnight, Uintah County Sheriff Jeff Merrell said Saturday. An
11-year-old boy who was with the men survived.
"A fire wall came over that hill,"
Merrell told the Deseret Morning News. "The officers who were here said
it just started sucking up all the air."
The newspaper reported the boy was
treated and released from a hospital.
The fire started north of Neola, about
100 miles east of Salt Lake City, on Friday morning. By Saturday
afternoon, about 23 square miles, including part of Ashley National
Forest in the northeastern corner of the state, had been consumed.
Gov. Jon Huntsman requested aid from the
Federal Emergency Management Agency after being flown over the area.
In California, evacuated residents were
returning to their burned-out streets Saturday after a separate
wildfire near Lake Tahoe destroyed more than 200 homes and charred
3,100 acres. Investigators said the blaze was started by an illegal
campfire and was 80 percent contained..."
Another rapidly emerging trend.
Drought or Flood or Fire or Storm. Pick your fate.
- Global CDO
demand stalls, "risk" lost in translation
NEW YORK (Reuters) -
"Growing credit risk in the U.S. subprime
mortgage market is undermining demand in the $1 trillion market for
collateralized debt obligations from Wall Street to London's Canary
Wharf and Hong Kong's Central District.
Rising interest rates and
a slowing economy in the past year have
seen default rates jump in the U.S. subprime mortgage market for less
creditworthy borrowers, leading to a shrinking appetite for the debt
vehicles known as CDOs.
CDOs are a rapidly
growing class of securities created by bundling
portions of different types of debt to spread risk among investors
around the world.
"There is a lot of
undistributed risk in the market and it's tough
to get new deals done," said Vishwanath Tirupattur, a New York analyst
at investment bank Morgan Stanley. "The current turmoil is likely to
put a dampener on issuance going forward."
Only $3 billion of new
high-grade CDOs were marketed to investors in
the latest week, compared to more than $20 billion a month ago,
according to J.P. Morgan Securities Inc.
In
recent years demand for CDOs had fueled record numbers of
leveraged buyouts and boosted liquidity in markets for corporate,
mortgage and asset-backed bonds..."
House of cards...
Sunday, July 1st, 2007
- Security heightened at U.S.
airports
WASHINGTON
(CNN) -- "The United States is boosting security at airports across the
country in light of the terrorism scares in Britain in the past two
days, officials said.
The heightened security is a
precautionary measure, officials said. No indication of any threat has
been received.
On Saturday, a car was driven into the
front of a terminal at
Glasgow International Airport in Scotland. Eyewitnesses said the car
became a fireball. Police said two people were arrested.
A day earlier, police in London found
two parked cars packed with
fuel, gas canisters and nails. The discoveries of the cars in central
London unnerved the British capital, with officials saying that
hundreds of people could have been killed if the devices in the cars
had been set off.
President Bush was briefed on the
situation, White House
spokesman Tony Snow said Saturday. He said no information suggests
there is a "credible threat" to the United States, but the White House
has boosted security at U.S. airports as a precaution.
New York Police Commissioner Raymond W.
Kelly said authorities
"are paying close attention to events in Scotland and London both."
"We are maintaining the additional
safeguards that were put in
place yesterday as an ongoing precaution against attacks here. We are
also working closely with the Port Authority in matters related to
airport security," Kelly said..."
A bit jumpy;
but better safe than sorry.
- Flood evacuees head for home, may
find danger there
WEATHERFORD, Texas (AP)
-- "Storm-weary residents who evacuated their homes along the
rain-swollen Brazos River were allowed to return Saturday morning but
were urged to remain cautious.
The river had fallen to just below flood
stage and was continuing
to recede. However, there was still floating debris being carried
downstream, and some roads near the river remained barricaded, said
Joel Kertok, a spokesman for Parker County in north Texas.
"It still could be a deadly situation
and that is why we're strongly urging people to stay out of the water,"
he said.
Storms on the southern Plains have
claimed 11 lives in Texas
starting last week, and authorities were searching for two 20-year-old
men whose sport utility vehicle was found submerged in a creek Thursday
in Burnet County, in central Texas.
On Friday, President Bush declared Texas
a major disaster area
because of the flooding caused by the storms of June 16-18 and ordered
federal aid for six counties. Gov. Rick Perry has declared 37 counties
disaster areas, making them eligible for state assistance..."
I hope they can get things back to order
soon down there.
- UK terrorism
risk "critical" after Glasgow attack
GLASGOW (Reuters) - "Britain is at "critical" risk of a terrorist
attack, the government said, after police linked an attack on Glasgow
airport to two failed car bombings in London.
Two men, one badly
burned, were arrested in Glasgow on Saturday
after a four-wheel-drive car was driven into the main door of the
airport terminal where it burst into flames.
Six people were taken to
hospital and the arrested man is in a
critical condition. Two more people were arrested later on a motorway
in northern England.
Prime Minister Gordon
Brown, who took over from Tony Blair on
Wednesday, convened a meeting of Britain's top security committee to
discuss how he would deal with the first big test of his leadership.
The Home Office (interior
ministry) raised the national security
alert level to "critical", the highest ranking and one which indicates
further attacks are expected imminently.
"I want all British
people to be vigilant and want them to support
the police and all the authorities.... I know the British people will
stand together united, resolute and strong," Brown said..."
What the heck is going on with this!?
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