China to raise interest rates within month – report

February 2, 2011 Comments off
BEIJING: China will likely raise interest rates again within the month, the New York Times reported on Wednesday, citing a forecast of economists and bankers with knowledge of the thinking of Chinese policymakers.

The Hong Kong-datelined story did not identify its sources, citing the sensitivity of the information.

It also cited the economists and bankers as saying China was unlikely to let the yuan currency appreciate faster anytime soon as a way to fight inflation.

Analysts polled by Reuters saw two more rate rises by the end of the first half.

The median forecast of economists polled by Reuters is for inflation to reach its fastest in more than two years at an annual pace of 5.3 percent for January.

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NASA Issues 2012 Warning and Possible End of The World as we know it.

February 2, 2011 16 comments

I had a POST on this about 2 weeks ago that goes in-depth on this issue.   Hopefully it will become more mainstream now.

MORE EVIDENCE OF PHOTON BELT: Astrophysicist Alexia Demetriev says our solar system is entering an interstellar energy cloud

In light of recent news, the following information is paramount. On July 14, 2010 we learned that our sun is passing through an interstellar energy cloud which excites/energizes the sun.  NASA, along with The National Academy of Science and other world renowned scientist are so concerned about this up and coming solar maximum in late 2012, that way back in March 10, 2006 NASA issued a solar storm warning (in writing) for 2012. What NASA omitted in their 2006 solar storm warning is what prompted NASA in the first place to issue a 2012 solar storm warning four years in advance?  Then in 2010, NASA again warns the general population of a pending solar storm, telling the population to get ready for a once in a lifetime solar storm. Despite that news agencies and websites like this one are beginning to cover this developing story, no high government official has yet to stick his or her neck out to make an official announcement about the catastrophic implications as to allow the global population to begin preparing.

The following scientific data revealed by Alexei Dmitriev further supports NASA’s original 2012 solar storm warning issued back in March of 2006. Read more…

DEADLY SUPERBUG NDM-1 in BRITAIN

February 2, 2011 1 comment
superbugThe bacteria have spread from India and Pakistan and are now being found in hospitals here

Back in 1987 Dr. Robin Cook wrote the medical thriller “Outbreak.” The best-selling novel focused on a team of brilliant medical researchers desperately racing against time to stop a deadly virus from spreading across the United States and potentially killing millions.

Once again fiction becomes reality as England faces its own potentially deadly outbreak with the looming possibility that a superbug from India could bring mass fatalities and spread like wildfire across an unprotected population.

According to the British Health Protection Agency (HPA), a virulent super-bacteria called NDM-1 has invaded the island nation from the Indian sub-continent and Pakistan.

Concerned health professionals have found the bacteria cropping up in hospitals across the country.

Bacteriologists are now burning the midnight oil in a desperate attempt to get a handle on a disease that has the ability to kill thousands.

Superbugs—of which the NDM-1 bacteria is one—are resistant to Read more…

Cheap food may be a thing of the past

February 2, 2011 1 comment
Vincent Kessler  /  Reuters

U.S. grain prices should stay unrelentingly high this year, according to a Reuters poll, the latest sign that the era of cheap food has come to an end.

U.S. corn, soybeans and wheat prices — which surged by as much has 50 percent last year and hit their highest levels since mid-2008 — will dip by at most 5 percent by the end of 2011, according to the poll of 16 analysts.

The forecasts suggest no quick relief for nations bedeviled by record high food costs that have stoked civil unrest. It means any extreme weather event in a grains-producing part of the world could send prices soaring further.

The expectations may also strengthen importers’ resolve to build bigger inventories after a year in which stocks of corn and soybeans in the United States — the world’s top exporter — dwindled to their lowest level in decades.

Story: Global food chain stretched to the limit Read more…

Hundreds of Russians protest against Putin

February 2, 2011 Comments off

MOSCOW (AP) — About 500 people demonstrated in a central Moscow square on Monday to demand the ouster of Prime Minister Vladimir Putin and his “rule of thieves.”

The rally took place peacefully, but police detained a separate group of 20 opposition activists nearby. About 60 protesters also were detained in St. Petersburg, one of a number of other cities where demonstrations were held.

Prominent opposition leader Boris Nemtsov, who was arrested and jailed for 15 days following a similar demonstration a month ago, kept up his assault on Russia’s longtime leader as he addressed the protesters on Moscow’s Triumph Square.

He compared Putin to Egyptian President Hosni Mubarek, who is facing mass unrest after 30 years in power.

“Please, someone tell me how our Read more…

Muslim Brotherhood: ‘Prepare Egyptians for war with Israel’

February 2, 2011 1 comment

YAAKOV LAPPIN

A leading member of the Muslim Brotherhood in Egypt told the Arabic-language Iranian news network Al-Alam on Monday that he would like to see the Egyptian people prepare for war against Israel, according to the Hebrew-language business newspaper Calcalist.

Muhammad Ghannem reportedly told Al- Alam that the Suez Canal should be closed immediately, and that the flow of gas from Egypt to Israel should cease “in order to bring about the downfall of the Mubarak regime.” He added that “the people should be prepared for war against Israel,” saying the world should understand that “the Egyptian people are prepared for anything to get rid of this regime.”

Ghannem praised Egyptian soldiers deployed by President Hosni Mubarak to Egyptian cities, saying they “would not kill their brothers.” He added that Washington was forced to abandon plans to help Mubarak stay in power after “seeing millions head for the streets.”

Ignoring China’s Military Buildup At Our Own Peril

February 2, 2011 Comments off

James Carafano, PhD

It went from being just another country to a world power in just a few decades. The world’s leading manufacturer, it was also one of the great traders. It boded well for peace and stability, some said. The extensive trade ties and business connections reduced the likelihood of future war to all but nil.
Until the first shot was fired.
In 1914, the German Empire declared war on two of its largest trading partners: France and Britain. The first modern age of globalization gave way to global war, followed by a global pandemic, a global depression and, finally, another world war.
The lesson? It takes more than a robust economy to make a peaceful nation.
Today, China’s economic rise ought to be cold comfort for those laboring to keep Washington and Beijing off a collision course.
A few weeks ago my fellow Examiner columnist, the Cato Institute’s Gene Healy, highlighted the work of political scientist Erik Gartzke, the university professor who “found that the statistical correlation between economic freedom and peace is vastly greater than the relationship between representative government and peace.”
In other words, Gartzke suggests the more economic freedom the less the Read more…

‘Something big’ transferred to Gaza Strip

February 2, 2011 Comments off

Aaron Klein

JERUSALEM – Egypt and Israel have information a large quantity of weapons, including new and sophisticated firepower, was smuggled from Egypt into the Hamas-controlled Gaza Strip in the last two days, according to informed Middle East security officials.

Israeli security officials fear a growing state of anarchy exists along the Gaza-Egypt border, with Islamist groups there taking advantage of the chaos in Egypt amid mass protests threatening the regime of President Hosni Mubarak. Egyptian security forces have been focused largely on quelling the riots.

“Something big was brought into the Gaza Strip,” said an informed security official.

The official said it was not known yet exactly what was transferred into Gaza, but he speculated it may have been a large quantity of antiaircraft missiles.

Today it was reported Israeli officials let Egypt move several hundred troops into the Sinai Peninsula for the first time since the countries signed a treaty three decades ago.According to the 1979 peace treaty, Egypt had agreed to leave the area demilitarized.

The Sinai borders the Gaza Strip as well as Israel’s southern border with Egypt.

Israeli officials say Israel agreed to allow the Egyptian army to move two battalions, or about 800 soldiers, into the Sharm el-Sheikh area on Sinai’s southern tip, far from Israel.

Japan volcano erupts again with massive blast of gas, ash and rocks

February 2, 2011 Comments off
Dome of lava is seen at a eruptive crater at Shinmoedake peak between Miyazaki and Kagoshima prefectures January 31, 2011. More than 1,000 people in southern Japan have been urged to evacuate as a volcano picked up its activities, spewing ashes and small rocks into air and disrupting airline operations, a municipal official said on Monday. (Xinhua/Reuters Photo)

TOKYO, Feb. 1 (Xinhua) — A volcano located on a mountain range on the island of Kyushu, southwest Japan, erupted for the second time Tuesday in an explosion local officials said was five times bigger than the one last Wednesday.

The eruption sent an enormous plume of gas, ash and rocks shooting as high as 2,000 meters into the air and the blast smashed windows in hotels and offices as far away as eight kilometers, local reports said.

As yet no deaths have been reported as a result of the eruption, although one women was cut by shattered glass and felled trees caused by the blast have been hindering traffic in the region, local officials said.

Following the latest blast, the Japan Meteorological Agency raised the alert level from Read more…

40,000 birds culled in Japan at farm which tested positive for bird flu

February 2, 2011 Comments off

Nearly 40,000 chickens were killed Monday at a poultry farm located in Japan after tests confirmed dead chickens found on Sunday tested positive for bird-flu.

The farm located in the southern region of the country in Miyazaki prefecture on the island of Kyushu was the site of where 90 chickens were found dead.

The incident marked the sixth outbreak of the deadly virus in the region and ninth in the country.

Further tests will be conducted to ascertain whether the virus is the H5N1 strain which has caused the most disease and death in humans or if it was a less virulent strain of the avian flu, such as H5N2.

In November, avian flu was found in the western prefecture of Shimane and also has been confirmed in wild birds across the country.

Over the last few days nearly 600,000 chickens were killed in Miyazaki in government efforts to control the disease.

“It’s spreading quickly,” said Koji Saito a spokesman for the Japanese Agriculture Ministry in charge of sanitation of livestock farming in Miyazaki Prefecture.

Japanese Agriculture Ministry officials are reporting the virus won’t affect humans if meat and eggs consumed from infected birds is fully cooked.

This flu season there haven’t been any human infections according to authorities. Typically bird to human infections is spread largely by direct contact with infected birds.