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Mubarak could be worth $40 billion to $70 billion
Egyptian President Hosni Mubarak and his half-Welsh wife Suzanne
According to analysis by Middle East experts, Mubarak has taken much of the gains overseas and deposited much of his wealth in secret bank accounts in British and Swiss banks, The Guardian reported on Friday.
Observers say the Mubaraks have also invested in real estate in Read more…
All American Ambassadors Called Back to Washington!
In an unprecedented move, apparently one that has never happened before, nearly all U.S. Ambassadors to all nations have been called back to Washington for a summit conference. This event, mostly unreported, concluded on 4-Feb-2011.
politico.com reports, “Ambassadors from almost all 260 U.S. embassies, consulates and other posts in more than 180 countries are expected to convene at the State Department for what’s being billed as the first meeting of its kind.”
huffingtonpost.com, “Secretary of State Hillary Rodham Clinton is convening an unprecedented mass meeting of U.S. ambassadors.”
The first logical thought that comes to mind…
Looking back at all previous world crisis, what might now be so important, evidently more-so than anything ever in the past, to call all Ambassadors back to Washington? And why has the press not reported on such an unusual event involving every U.S. diplomatic ambassador in the world? Read more…
Three Cases of Cholera Confirmed by New York City Officials
The first known cases of cholera in New York since the outbreak of the disease in Haiti last year were confirmed on Saturday by city officials.
A commercial laboratory notified health officials on Friday that three New Yorkers had developed diarrhea and dehydration, classic symptoms of the disease, after returning from a wedding on Jan. 22 and 23 in the Dominican Republic, where the government has been trying to prevent the disease from spreading from neighboring Haiti.
The three who contracted cholera were adults who returned to the city within days of the wedding.
None were hospitalized. Dr. Sharon Balter, a medical epidemiologist for the city Department of Health and Mental Hygiene, said on Saturday that the victims had all recovered.
Officials declined to release the names of the patients or where they lived.
City health officials are now working with the Centers for Disease Control and Prevention in Atlanta to determine what the New York victims ate and to see if the strain of the disease they contracted is linked to the cholera epidemic that has ravaged Haiti, killing thousands since October and infecting many more.
“We’re providing support to the state, with lab testing, in determining which strain” is at issue, said Candice Burns Hoffmann, a spokeswoman for the C.D.C. “And I know there is an Read more…
Gold buying spree grips Chinese households
In this world of chaos and tumult, the Chinese people know what to do to preserve their wealth – they buy gold. When Americans finally wake up, if that ever happens, there is a good chance that there won’t be any gold to buy at any price.
By David Lew
BEIJING (Commodity Online):An unprecedented investor interest in gold is turning Chinese households as store houses of wealth these days as people are on a gold buying spree across the rural and urban areas of the dragon country.
Bundles of news stories are these days written on the gold buying spree by the Chinese households. If not an overstatement, it is now a fact that people’s houses in China have soared in value thanks to the rising prices of gold in the last two years.
“People in China are buying gold like never before. They believe that gold is the best form of investment. So they are buying gold coins, bars and jewelery items and stocking up safely in their homes,” says Beijing-based bullion dealer J Kim Lee.
Quoting the World Gold Council figures, Lee says that if the gold buying spree by Chinese households goes on at the current pace, private gold Chinese demand may overtake Indian gold demand by 2014, giving the world’s two most populous nations two ounces of gold in every five sold worldwide that year.
Indian households are estimated to be owning 15,000 tonnes of gold. India continues to the largest consumer and importer of gold worldwide.
According to precious metals analyst Steven Jon Kaplan, a significant percentage of gold’s price increase in 2009-2010 was caused by the incremental demand from Read more…
Google Earth finds Saudi Arabia’s forbidden archaeological secrets
An armchair archaeologist has identified nearly 2,000 potentially important sites in Saudi Arabia using Google Earth, despite never having visited the country.
David Kennedy, a professor of classics and ancient history at the University of Western Australia, used Google Earth satellite maps to pinpoint 1,977 potential archaeological sites, including 1,082 teardrop shaped stone tombs.
“I’ve never been to Saudi Arabia,” Dr Kennedy said. “It’s not the easiest country to break into.”
Dr Kennedy told New Scientist that he had verified the images showed actual archaeological sites by asking a friend working in the Kingdom to photograph the locations.
The use of aerial and satellite imaging has been used in Britain to locate Iron Age and Roman sites in Britain, as well as Nazca lines in Peru and Mayan ruins in Belize.
But few archaeologists have been given access to Saudi Arabia, which has long been hostile to the discipline. Hardline clerics in the kingdom fear that it might focus attention on the civilisations which flourished there before the rise of Islam – and thus, in the long term, undermine the state religion.
In 1994, a council of Saudi clerics was reported to have issued an edict asserting that preserving historical sites “could lead to polytheism and idolatry” – both punishable, under the Kingdom’s laws, by death.
Saudi Arabia’s rulers have, in recent years, allowed archaeologists to excavate some sites, including the spectacular but little-known ruins of Maidan Saleh, a 2,000 old city which marked the southern limits of the powerful Nabataean civilisation.
For the most part, though, access to ancient sites has been severely restricted.
CO2 Fears After Amazon Rainforest Droughts
Two severe Amazon droughts have sparked fears that the rainforest’s ability to absorb carbon emissions is being diminished – and, worse still, it may soon release almost as much CO2 as the US.
A rare drought in 2005 – billed as a once-in-a-hundred-years event – was then followed by another drought in 2010 that may have been even worse, according to a study by a team of British and Brazilians scientists in the journal Science.
With a huge number of trees dying as a result of the droughts, the scientists predict that the Amazon will not be able to absorb as much carbon dioxide from the atmosphere as usual in future.
This would remove an important global buffer against pollution.
Even worse, rotting trees may release into the atmosphere as much as five billion tons of C02 in the coming years.
That would be almost as much as the 5.4 billion tons emitted from fossil fuel use by the US in 2009.
Based on the impact of the dry spell on tree deaths in 2005, the team projected that Read more…
HIGH RANKING BILDERBERG MASON SPILLS THE BEANS ON HIS DEATH-BED
worthless as THEY usher in the new One World Currency. The world as we know it now will be completely different in 2012. Disruption of
currencies plotted so pull your money out of the Banks, spend it NOW!
“China are the strong ones” – China are the New World Order
Leaders with America reduced to Third World status! Timothy Geithner of the US Treasury speaks fluent Chinese! (KEVIN RUDD SPEAKS MANDARIN ALSO. ED.) Within 2 years we will not recognize America. The Elites have altered their Time Line. After 2 years we will be so poor, we will not be able to rebel!
3 – Gold and Silver is all you can rely on – convert your assets and
cash to Gold ASAP – Urgent. Don’t hang around because the Illuminati are going to crash the banks further very soon. We are entering into a depression whereby we are ALL going to be utterly poor within two years from now – peasant attitude and peasant way of life.. Don’t depend on Real Estate, Assets!
4 – Crude Oil will be $150 – $200 per barrel in the next Read more…
Soros says Israel is “main stumbling block” in Mideast
The Arab liberation revolution will fundamentally change the Middle East. The acceleration of the West’s decline will change the world. One outcome will be a surge toward China, Russia and regional powers like Brazil, Turkey and Iran. Another will be a series of international flare-ups stemming from the West’s lost deterrence. But the overall outcome will be the collapse of North Atlantic political hegemony not in decades, but in years. When the United States and Europe bury Mubarak now, they are also burying the powers they once were. In Cairo’s Tahrir Square, the age of Western hegemony is fading away.
Egypt is more complex and, ultimately, more influential, which is why it is so important to get it right. The protesters are very diverse, including highly educated and Read more…
The Youth Unemployment Bomb
From Cairo to London to Brooklyn, too many young people are jobless and disaffected. Inside the global effort to put the next generation to work
Cairo, Egypt: A cloud of tear gas drives back antigovernment protesters on Jan. 28 Jorge Dirkx/Reporters/Redux
By Peter Coy
In Tunisia, the young people who helped bring down a dictator are called hittistes—French-Arabic slang for those who lean against the wall. Their counterparts in Egypt, who on Feb. 1 forced President Hosni Mubarak to say he won’t seek reelection, are the shabab atileen, unemployed youths. The hittistes and shabab have brothers and sisters across the globe. In Britain, they are NEETs—”not in education, employment, or training.” In Japan, they are freeters: an amalgam of the English word freelance and the German word Arbeiter, or worker. Spaniards call them mileuristas, meaning they earn no more than 1,000 euros a month. In the U.S., they’re “boomerang” kids who move back home after college because they can’t find work. Even fast-growing China, where labor shortages are more common than surpluses, has its “ant tribe”—recent college graduates who crowd together in cheap flats on the fringes of big cities because they can’t find well-paying work.
In each of these nations, an economy that can’t generate enough jobs to absorb its young people has created a Read more…
Social Security financial headwinds, another 395,000 Americans added to food stamp assistance in latest month of data, and manipulating the unemployment rate.
The dichotomous American economy is cracking like old paint into two distinct factions. For a few solid decades after World War II we had a burgeoning middle class, a smaller financial elite, and those who still struggled financially. The main objective however was to get as many people into the secure middle class. Today the middle class, the pinnacle of the American Dream, is significantly shrinking and when this occurs, we pull from the current middle class and put new families into the financially struggling category. The pie is getting smaller for most except for the small elite at the summit. The financial gaming that is occurring is stunning. While the unemployment rate fell largely due to people not being counted in the labor report, the latest month of data showed another 395,000 Americans being added to the nationwide food stamp program. Last year we also crossed a distressing fiscal threshold. In one month we paid out more in Social Security benefits than was collected. Social Security is entering the financial tough days and as we look at the statistics, most retired Americans are using Social Security for their entire monthly budget.
Social Security by the numbers
We should start by looking at the total number of Americans receiving Social Security:
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