News   
      
Home
News
Links
About Us
Resources
Contact Us


News Archives, March 18-24, 2007



Saturday, March 24th, 2007




Cyclone kills 69 in Madagascar, thousands homeless



     ANTANANARIVO
(Reuters) - "A cyclone that swept across Madagascar last week killed at least 69 people and made tens of thousands homeless in the north of the Indian Ocean island, officials said on Friday.

      Mudslides have buried whole villages, rivers have burst their banks and roads have been cut off since Cyclone Indlala struck on March 15.

      “I have never seen so much damage,” Jacky Randimbiarison, executive secretary of the government’s disaster management agency, told Reuters.

      The agency said it had confirmed 69 deaths and two people are missing on the world’s fourth largest island that is home to 18.6 million people.

      The storm wiped out 3,619 houses plus dozens of government buildings, schools and bridges, officials said. Some 8,280 hectares of paddy-fields were ruined.

      In northern Ambanja district “a whole mountain has collapsed, burying two villages under thousands of tonnes of rock and killing 20 people including six children in a school”, Randimbiarison said..."


     Looks like the season is starting a bit early this year.





Amazon 'faces more deadly droughts'


      BRAZIL (BBC) -- "Two years ago the world was shocked by pictures of hundreds of rotting fish floating in the world's second largest river.

      Stranded villagers stared in bewilderment at dried out banks, and helicopters delivered food and water to isolated river communities.

      They were the images of the widespread drought in 2005 in the Amazon - an area of lush rainforest in most people's imagination. It was the worst in some areas since records began, and prompted the Brazilian government to declare a state of emergency.

      Nearly two years on, the world may have forgotten the drought, but the scientific community has not. Meeting at Oxford University this week, many of the world's leading experts on climate change and Amazonia have been grappling with issues critical to the future climate of the world..."



     If it doesn't rain anymore, do we still have to call it a "Rain Forest?"





EU looks to the next 50 years - and an Army?



      Germany (The Times Online) -- "Angela Merkel got Europe’s 50th birthday weekend off to a controversial start yesterday when she said that the creation of a European army should be a key goal in its next 50 years.

      The German Chancellor added hastily that she did not want to steer Europe towards a federal superstate. But her words ignited a simmering row about the relationship between Nato and the growing number of small EU military missions.

      Mrs Merkel said that peace could not be taken for granted despite Western Europe’s longest period without internal conflict and suggested that a common army could help to bind countries closer together. Her suggestion was shot down immediately by Britain, which strongly opposes the creation of a rival organisation to Nato, although it does support the limited EU joint rapid reaction units sent to help out in crisis areas such as Aceh, hit by the 2005 tsunami..." 
  
    
     To be honest, I really don't know whether I should be concerned about this or not...








Friday, March 23rd, 2007



One Thousand Unique Visits reached since launch!  ReadinessHub.com thanks you!




Deadly TB strain seen in Africa, now in Americas, Europe


      UNITED NATIONS (Reuters) - "A new deadly form of tuberculosis spreading through South Africa has now been found in rich nations in Europe as well as Canada and the United States, the World Health Organization said on Thursday.

      Africa's large AIDS population is at special risk from the particularly virulent strain, known as XDR-TB (extremely drug resistant), which had been documented in 35 countries worldwide, 16 of them this year alone.

      "This is an the most urgent thing I have seen in my 15 years of working on tuberculosis," Mario Raviglione, director of the STOP TB program at the World Health Organization. He introduced WHO's TB report, which coincides with the 125th anniversary of the discovery of the microbe that causes TB..."


     Great... drug resistant TB.  I wonder if it's vaccine proof too.  This stuff is nasty.





Study: Flu outbreak in U.S. could spark recession


• Severe pandemic could kill 2.25 million people, study says
• 87.75 people would miss about three weeks of work
• GDP would drop about 5.5 percent, a $683 billion loss

      WASHINGTON (CNN) -- "A severe flu pandemic "would almost certainly lead to a major economic recession," according to a new report from a nonpartisan, nonprofit organization.

      The report, titled "Pandemic Flu and the Potential for U.S. Economic Recession," projected that a pandemic would kill 2.25 million people and force 87.75 million people to miss work for three weeks

      That could cause the U.S. gross domestic product to drop more than 5.5 percent, resulting in an economic loss of $683 billion.

      "The U.S. is not prepared to face an economic shock of this magnitude," said Jeff Levi, executive director of the Trust for America's Health, which issued the report. "While important government preparedness efforts focusing mainly on medical and public health strategies are under way, efforts to prepare for the possible economic ramifications have been seriously inadequate. Stepping up pandemic preparedness is vital to our national and economic security..."


     "Recession"?  2.25 million dead and close to 90 million unemployed would be worse than a recession... or even a depression.  We're talking total, complete and utter socio-economic collapse.





Mortgage crisis overwhelming credit counselors


• Analysts predict between 1 million and 3 million foreclosures in 2007
• The industrial heartland hard-hit by foreclosures in 2006
• Some economists believe a recession could result from the mortgage defaults


      CINCINNATI, Ohio (Reuters) -- "Until last year, financial counselors at the Home Ownership Center of Greater Cincinnati spent most of their time teaching Americans how to buy a first home. Now, they're deluged by broken and bereft homeowners facing foreclosure.

      "Oh Lord, there is no way we can keep up with these calls," said Kaye Britton, a foreclosure counselor at the downtown nonprofit group that promotes home ownership to minority Americans, among others.

      Britton has been helping clients reach the American dream of owning a home since 2002. Handmade wall signs urge would-be buyers to "sweat the small stuff" and note the lender's golden rule: "They have the gold, they make the rules."

      Foreclosures were formerly rare, caused mostly by the loss of job, divorce or medical bills..."


More Here:

Stocks end flat as Fed stance questioned

  
    
     More of the same reassuring economic news...








Thursday, March 22nd, 2007




Gore takes global warming crusade to Capitol Hill


       WASHINGTON (Reuters) - "Al Gore -- star of an Oscar-winning movie, former U.S. vice president and the object of 2008 presidential speculation -- on Wednesday took his crusade against global warming to Capitol Hill.

       Glad-handing like the lifelong politician he was until losing the 2000 presidential race to George W. Bush, Gore called his return to Congress "an emotional occasion."

       But he did not mince words on what he termed the current climate crisis: "Our world faces a true planetary emergency."..."



      Sheesh.  Gore is most certainly running for president now.  And the millions of dumb, empty headed denizens who love him would follow him off a cliff like lemmings if he demanded it.

     I hate to do this, but I'm about to prove Al Gore wrong in 4 images below using FACTUAL collected Geologic and Climatological Data: 


Climate Chart1

Climate Chart2

Climate Change3


     As clearly shown over the 3 graphs, which in descending order shows more specific data correlating to a more current timeframe; Earth is STILL trudging out of a relative cool period.  The dashed-lines in those graphs indicate MEAN AVERAGE Earth Temperature over the history of the Earth's recordable climate.



    And the graph below should really speak for itself...

Climate Chart 4



     So Al Gore... and his minions.  Sit down, take a deep breath, and calm down.  The Earth is going through its normal fluctuative cycle, which is still coming out of a cool period.





Housing, mortgage woes contagion feared


     WASHINGTON (Reuters) - "For months as the U.S. housing market unraveled, the Bush administration, the Federal Reserve, and most economists maintained the decline did not risk hitting the economy at large, but economists are growing increasingly concerned the broad economy may take a hit.

      An abrupt exodus of more than two dozen so-called subprime lenders from the market has heightened fears other lenders may soon start choking off credit to businesses and consumers.

      Economists, and the Bush administration, agree falling house prices and rising defaults by borrowers with poor credit in the subprime mortgage market may mean slower U.S. economic growth this year..."


More Here:

Subprime lenders, regulators face U.S. Senate Panel

  
    
     And with all this, all the Fed has to do is sit on its hands with interest rates and the U.S. Market spikes.  This also is a basic contradiction; the U.S. Markets say Good when Inflation, Housing and Dollar say The Sky is Falling!







Wednesday, March 21st, 2007




Millions of flue shots to be dumped before new supply is ready


• Millions of doses of still-effective flu vaccine will be "expire" June 30
• Expired vaccine to be destroyed before new supply is guaranteed
• Having no vaccine in the summer deprives travelers, kids chance to get shots
• Policy-makers have discussed letting docs keep unused doses
 

     Georgia (AP) -- "Millions of doses of flu vaccine will expire at midnight June 30, unsold during this year's mild flu season and written off as trash. Still perfectly good, and possibly useful for a few more years, the vaccine will wind up being destroyed.

      This annual ritual is supposed to ensure that Americans get the most up-to-date vaccine, but the leftovers -- more than 10 million of a record 110 million doses produced -- will be destroyed before a new supply is guaranteed.

      An Associated Press examination of this longstanding practice raises questions about its consequences. For years, policy-makers have talked about letting doctors keep unused vaccine until new doses are in hand, donating leftover supplies to poor countries, or pushing back the expiration date. Wasted vaccine means lost money for drug companies and one stopped making flu shots because of it -- setting the stage for a flu shot shortage in 2004.

      Having no vaccine in the summer deprives travelers of the chance to get a shot before they visit places where flu is in season. It also prevents summer vaccinations for children, who need two doses the first time around.

      "All of those issues have come up in the past," but there is a strong reluctance to change policy, said Dr. William Schaffner of Vanderbilt University, a government vaccine adviser. "These ideas clearly have merit and at the very least ought to be discussed."..."



      I just hope most people have decent immunities by now.






Fed stays course amid housing turmoil


     WASHINGTON (Reuters) - "Caught between stubbornly elevated U.S. inflation and signs of weaker economic growth, the Federal Reserve is expected to hold interest rates steady as it wraps up a two-day policy-setting meeting on Wednesday.

      While a decision to keep benchmark overnight borrowing costs at 5.25 percent is widely expected, financial markets are eagerly awaiting word on how the U.S. central bank views the economic outlook.

      Most economists expect the Fed to reiterate concerns over inflation when it announces its decision around 2:15 p.m..."

   
    
     While the U.S. Mint's printing presses are running 'round the clock, the holding firm on a set interest rate is definately not matching the exploding inflation the U.S. Dollar is experiancing.







Tuesday, March 20th, 2007




Malaria-resistant mosquito developed


• Researchers genetically engineer a mosquito resistant to malaria
• Research may someday block the spread of the illness
• An estimated 700,000 to 2.7 million people die of malaria each year
 

     WASHINGTON (AP) -- "Researchers have developed a malaria-resistant mosquito, a step that might one day help block the spread of an illness that has claimed millions of lives around the world.

      When they fed on malaria-infected mice, the resistant mosquitoes had a higher survival rate than nonresistant ones, meaning they could eventually replace the ones that can carry the disease, according to a report in Tuesday's issue of Proceedings of the National Academy of Sciences.

      Jason Rasgon of the department of molecular microbiology and immunology at Johns Hopkins University cautioned that the research so far is only a proof of principle and any field tests remain far away.

      Nonetheless, it's a goal eagerly sought by scientists in hope of developing a practical way of blocking the spread of malaria.

      According to the federal Centers for Disease Control and Prevention, an estimated 700,000 to 2.7 million people die of malaria each year, 75 percent of them African children..."



      Now I wonder how long it will take for the Malaria to adapt and become "Mosquito-resistant" Malaria.  But seriously, while this is generally promising news, I have a feeling there may be negative unforseen circumstances to this.






Rivers run towards 'crisis point'


     Salween (BBC) - "Some of the world's major rivers are reaching crisis point because of dams, shipping, pollution and climate change, according to the environment group WWF.

       Its report, World's Top 10 Rivers at Risk, says the river "crisis" rivals climate change in importance.

       Five of its "top 10" are in Asia, such as the Yangtse, Mekong, and Ganges, though Europe's Danube and North America's Rio Grande are also included.

      WWF says governments should see water as an issue of national security.

      Its report is issued in advance of World Water Day (22 March)..."

   
    
     There is a finite amount of water on this planet.  The more people on it, the less there is to go around.  Sooner or later, at our rate of groth.... well, you get the picture.







Monday, March 19th, 2007



New Item added to Item Reviews Page!



Increase in Activity at Yellowstone Supervolcano


      Yellowstone National Park, Wyoming (MSNBC) - "One of the largest supervolcanoes in the world lies beneath Yellowstone National Park and scientists say activity there is increasing.

      Though the Yellowstone system, which spans parts of Wyoming, Montana and Idaho, is active and expected to eventually blow its top, scientists don’t think it will erupt any time soon. Supervolcanoes can sleep for centuries or millennia before producing incredibly massive eruptions that can drop ash across an entire continent.

      Yet significant activity continues beneath the surface. And the activity has been increasing lately, scientists have discovered. In addition, the nearby Teton Range, in a total surprise, is getting shorter..."


      Yes, we're overdue for another super-eruption.  Either way, there isn't much we can do to stop it, except to be as Ready as possible when the crops stop growing.  I doubt anyone can be truly ready for an event of this magnitude when it eventually does go.






All eyes on the Fed


     NEW YORK (CNNMoney.com) -- "The stock market recovery petered out at the end of last week, and whether it can restart in the week ahead could depend on the Federal Reserve.

      Oracle (Charts), Morgan Stanley (Charts) and a few other marquee names report earnings next week, but of greater interest to investors will be the two-day

      The bankers are widely expected to hold a key short-term rate steady at 5.25 percent for the sixth meeting in a row, as they continue to weigh the threat of slower growth with higher pricing pressure going forward.

      That debate was demonstrated last week when reports on producer and consumer prices showed rising inflation, and reports on manufacturing and retail sales showed a slowdown...."

More:

Mortgage turmoil: More trouble for retailers

Housing angst and Fed on stocks' agenda
    
    
     More of the same bad news.








Sunday, March 18th, 2007




Caution urged on climate 'risks'


      United Kingdom (BBC) - "Two leading UK climate researchers say some of their peers are "overplaying" the global warming message and risk confusing the public about the threat.

      Professors Paul Hardaker and Chris Collier, both Royal Meteorological Society figures, are voicing their concern at a conference in Oxford.

      They say some researchers make claims about possible future impacts that cannot be justified by the science.

      The pair believe this damages the credibility of all climate scientists..."


      Finally someone tries to instill some COMMON SENSE into this whole Climate Change situation.






Housing will likely feed stocks' angst in a Fed week


     NEW YORK (Reuters) - "The anxiety level on Wall Street may escalate next week with several indicators due on the housing sector and a Federal Reserve meeting that most agree will end with no change in short-term interest rates.

      The week begins with nationwide demonstrations by war protesters marking the fourth anniversary of the Iraq war. One of those protests is planned for outside the New York Stock Exchange before the opening bell.

      A key piece of data will be February housing starts, due Tuesday morning one hour before the start of regular trading..."

More:

Credit  set to tighten further
    
    
     Further we go along the downward spiral.  Got faith in the economy?  Mine is rapidly evaporating.










Back to News




ReadinessHub.com Logo







ReadinessHub.com Banner

All content property of ReadinessHub.com © 2007