Archive

Archive for March 11, 2011

List of estimated tsunami arrival times for locations along the North American Pacific coast

March 11, 2011 Comments off
The following list gives estimated times of arrival for 
locations along the North American Pacific coast from a 
tsunami generated at the given source location.  The 
list is ordered by arrival time starting with the earliest. 
Since tsunami speed is directly related to 
water depth, tsunami ETAs can be computed independent of 
tsunami amplitude.  THE LISTING OF A TSUNAMI ARRIVAL TIME 
BELOW DOES NOT INDICATE A WAVE IS IMMINENT. The listed arrival 
time is the initial wave arrival.  Tsunamis can be dangerous 
for many hours after arrival, and the initial wave is not 
necessarily the largest.
 Read more...
Advertisements
Categories: Uncategorized

E. Asia, S. America under tsunami warning after Japan quake

March 11, 2011 1 comment
By REUTERS
03/11/2011 10:45

Biggest earthquake to hit Japan in 140 years triggers 10-meter tsunami, kills at least 6 people; 4 million homes without power; hotel collapses in city of Sendai, people feared buried in rubble; UN rescue teams on standby.

SINGAPORE – A tsunami warning has been issued for areas across East Asia and the western coast of South America following a huge earthquake that hit Japan on Friday, the Pacific Tsunami Warning Center said.

Among the countries for which a tsunami warning is in effect are: Read more…

Ex-Goldman Sachs Analyst: “Major War” Coming End Of 2012

March 11, 2011 Comments off

prisonplanet.com

When cycle forecaster Charles Nenner told the Fox Business network yesterday that the Dow Jones was set to collapse to the 5,000 level on the back of a “major war” that will shake the globe at the end of 2012, hosts David Asman and Elizabeth MacDonald sat in stunned silence.

Nenner, a former technical analyst for Goldman Sachs, is head of the Charles Nanner Research Center, which purports to be able to predict market trends with a computer program based around pattern forecasting and securities analysis. Nenner predicted the stock market and housing collapse over two years before the fall of Read more…

Oil Should Spike Higher Following Saudi Riots and Nigerian Elections in April

March 11, 2011 Comments off

businessinsider.com

The following special report on oil (LA Blog Only, leverageacademy.com/blog) discusses the oil market, providing reasons to be bullish  on the commodity given unrest in the Middle East, Nigerian elections in April, and rising domestic consumption in oil producing countries, including Venezuela, Nigeria, and Iran.  According to the article, the rise of oil prices could easily cause the next recession.   In 2010, soft commodities outperformed energy, but that will certainly change given the political headwinds abroad and continued monetary easing in the developed world.  Therefore, the Bernanke “Put,” combined with political unrest will be to blame for continued sharp price increases in the energy commodity sector.

Emerging market demand, especially in China, which now consumes nearly 10mm barrels of oil per day, will also be driving the demand side of the equation.  Money supply in China was also up 19.7% in 2010, because of the rapid Read more…

US Treasurys Dumped, Pimco Sees Value In Emerging-Market Bonds

March 11, 2011 Comments off

wsj.com

NEW YORK (Dow Jones)–The valuations on U.S. Treasurys are not attractive in a historical context and Pacific Investment Management Co. is moving money toward emerging-market debt, said the fund’s founder Bill Gross in an interview on Thursday with CNBC.

Reports came out on Thursday that the bond-fund giant had dumped all of its holdings of U.S. government bonds. Gross said better valuations can be found elsewhere, where yields are not artificially boost by Federal Reserve purchasing.

“The overvaluation [in Treasurys] has been dependent on the purchasing power of the Fed,” said Gross, who does not believe there will be a third round of “quantitative easing.”

Pimco did not participate in Thursday’s 30-year auction nor Wednesday’s 10-year auction, Gross said, though both were considered well-received.

The fund still owns about Read more…

Debit cards: $50 spending limit coming?

March 11, 2011 Comments off

cnn.com

Debit card limit By Blake Ellis, staff reporterMarch 10, 2011: 10:09 AM ET

NEW YORK (CNNMoney) — Declined! Your debit card may soon be denied for purchases greater than $100 — or even as little as $50.

JPMorgan Chase, one of the nation’s largest banks, is considering capping debit card transactions at either $50 or $100, according to a source with knowledge of the proposal.

Why? Because of a tricky thing called interchange fees.

Right now, every time you swipe your debit card, your bank charges the retailer an average fee of 44 cents, which it shares with its partners. Those little fees, however, add up to about $16 billion per year, according to 2009 data from the Federal Reserve.

But as part of the Wall Street reform legislation that was passed last year, these fees are being slashed. The Fed is currently proposing rules that would go into effect in July and would cap interchange fees at 12 cents.

That’s a big enough cut to cost Read more…

New Tdap vaccine requirement for seventh graders begins this fall

March 11, 2011 1 comment

jenksjournal.com

A new immunization requirement will be in effect this fall to help fight the spread of whooping cough in Oklahoma schools and communities.

All students entering seventh grade will be required to have one dose of Tdap — tetanus, diphtheria and acelluar pertussis vaccine — before the start of the 2011-2012 school year.

According to the Oklahoma State Department of Health, the new requirement will help Oklahoma avoid outbreaks of the disease that other parts of the country are experiencing. Thousands of cases of whooping cough have been noted in California and Texas.

“While Oklahoma has been fortunate thus far in avoiding an outbreak of whooping cough, we did see an increase in the number of cases reported in the state last year,” said State Health Commissioner Dr. Terry Cline. “One hundred seventy cases were reported in Read more…