Tiny United Arab Emirates has enough oil to last a million yaers but wants 4 nuclear reactors. The whole region is in a nuclear arms race, but for some reason only Iran matters.
bertb news feed
Comes one week before 50th anniversary commemorations of JFK’s memorable ‘Ich bin ein Berliner’ speech pledging US solidarity with Europe
WT news feed
We now know that the reason for the however brief close of the S&P at the demonic level was none other than the flash crash of Anadarko Petroleum, which as we noted in today’s EOD post, lost billion in market cap in 45 milliseconds (a collapse rate of billion per millisecond), flash crashing from all the way to an (allegedly illegal) stub quote of .01. It is this collapse in the entire market’s capitalization of billion that resulted in the difference between 1,667.5 and 1,666 for the S&P500 cash.
WT news feed
The Supreme Court ruled against an Indiana farmer who sought to cut the planting cost of his soybean crop by relying on subsequent generations of a patented Monsanto herbicide-resistant seed.
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Police have brought a bus to the area to possibly evacuate the area.
WT news feed
The United Nations General Assembly on Tuesday signed off on a sweeping, first-of-its-kind treaty to regulate the international arms trade, brushing aside worries from U.S. gun rights advocates that the pact could lead to a national firearms registry and disrupt the American gun market.
WT news feed
Government bond rates in Slovenia soared from 1.2per cent to 4.26per cent
WT news feed
Lee Buchheit, sovereign debt guru and architect of Greece’s bailouts, tells Bloomberg Law’s Lee Pacchia that despite the drastic measures taken, the endgame for Cyprus might be another round of restructuring.
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A census of residents of England and Wales found that well over half a million speak Polish, reflecting the large number of immigrants who have come to Britain from eastern Europe over the past decade
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A safety exercise involving police, national guard and emergency management officials in Portsmouth, Ohio was centered around the premise that individuals “disgruntled over the government’s interpretation of the Second Amendment” plotted to use weapons of mass destruction to terrorize the local community.
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