Al-Qaeda Claims Control & Shariah Law in Southern Yemeni Province
“AQAP, which has established full control over the southern province, made an online statement Wednesday declaring Abyan an Islamic Emirate governed by Shariah.”
Full article – Business Inside
Comments »Mainichi Newspaper: Japanese Government to Take a 50% Piece of TEPCO
Nikkei Trades Down With Oil Surging
SEC Said To Investigate Berkshire’s Ex-Sokol
China’s Manufacturing Grows Faster Than Expected
“Premier Wen Jiabao is seeking to restrain surging prices for homes and consumer goods while sustaining economic growth to create jobs and maintain social stability. Inflation topped the government’s target in the first two months of this year and officials will boost interest ratesagain this quarter according to all 20 economists in a Bloomberg News survey.”
Comments »Subprime in Vogue Trading at $0.60 on the Dollar
“The prices on a representative slice of the subprime bond market have doubled from 30 cents on the dollar at the low point of the crisis to roughly 60 cents today.
Their comeback underscores how investors have regained the courage to take on more risk as the economy recovers, pushing up the prices of a broad swath of riskier assets, from commodities to junk bonds to stocks.”
Comments »GM To Sell Delphi Automotive for $3.8 Billion
“Shares of General Motors (GM) were up 0.2% after hours, following the company’s announcement that it is selling its stake in Delphi Automotive for $3.8 billion.
GM is selling its Class A Membership Interest, which it acquired in October 2009 in conjunction with Delphi’s creation, back to the company. GM said it will book a gain of approximately $1.6 billion …”
Comments »Currency Wars Could Be Underfoot
6th Consecutive Study Confirms Mercury in Vaccines Causes Autism and “Drain Bramage”
Treasury Going Bust Quickly
Correction: Irish Banks Need $33.9 Billion; Not $27 Billion Reported Earlier Today
Fukushima: Radioactive Material Has Entered Ground Water
Goldman Sachs: Asia Ex-Japan Will Rise 28% Before Year End
Obama’s Change of Heart on The Patriot Act
Mini Boom Expected in Commercial Real Estate
Letter Bomb Explodes in Office of a Nuclear Power Facility in Switzerland
Telegraph Reports: U.S. Saudi Deal To Use Libya As Media Piece to Mask Protests in Bahrain
Rumor: Every Branch of Inactive Military Reserves Being Called For Training (video)
[youtube:http://www.youtube.com/watch?v=mTYE2LIQq48&feature=player_embedded#at=126 450 300]
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