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:
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...
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
|
 |
|