Save? Party like it's 2013! … Economic forecast for 2013: Forget the fiscal cliff, this is the year to spend, spend, spend … If the words 'fiscal cliff' send you into a comatose state, fear not, help is at hand. Here, TNT is going to explain in layman's terms the economic forecast for 2013. No, we haven't gone all Financial Times on you, but if you want to make sure...Read More
It's Death of Little Nell time again in the field of climate "science." The New York Times – aka Pravda – has announced the closure of its Environment Desk. Rumours that the entire environment team, headed by Andy Revkin, have volunteered to be recycled into compost and spread on the lawn of the new billion dollar home Al Gore bought with the proceeds of his sale of Curre...Read More
Paul Salopek: Going for a seven-year walk … US journalist Paul Salopek is going to spend the next seven years walking from Ethiopia to the tip of South America, retracing the journey of early humans out of Africa and around the world. Along the way he will be writing articles, shooting video and tweeting. Salopek will take some 30 million footsteps during this journey, which he calls "t...Read More
Save? Party like it's 2013! … Economic forecast for 2013: Forget the fiscal cliff, this is the year to spend, spend, spend … If the words 'fiscal cliff' send you into a comatose state, fear not, help is at hand. Here, TNT is going to explain in layman's terms the economic forecast for 2013. No, we haven't gone all Financial Times on you, but if you want to make sure...Read More
It's Death of Little Nell time again in the field of climate "science." The New York Times – aka Pravda – has announced the closure of its Environment Desk. Rumours that the entire environment team, headed by Andy Revkin, have volunteered to be recycled into compost and spread on the lawn of the new billion dollar home Al Gore bought with the proceeds of his sale of Curre...Read More
Paul Salopek: Going for a seven-year walk … US journalist Paul Salopek is going to spend the next seven years walking from Ethiopia to the tip of South America, retracing the journey of early humans out of Africa and around the world. Along the way he will be writing articles, shooting video and tweeting. Salopek will take some 30 million footsteps during this journey, which he calls "t...Read More
Greek Finance Ministry plans to put an end to cash payments. Purchases worth more than 500 euro will be not possible with cash money anymore. Finance minister Yiannis Stournaras told the Parliament on Thursday that he examines that "the expansion of electronic transactions with credit cards and other electronic payment methods for a wide range of transactions for amounts much smaller than tho...Read More
Opposition eyes Syria seat at UN, Arab League …Participants pose for a group picture during a meeting to form a new Syrian opposition group called the National Coalition of Forces of the Syrian Revolution and Opposition in Doha late on November 11, 2012. The opposition Syrian National Coalition has urged the international community to help it take over Syria's seats at the UN and Arab Le...Read More
In general, rifles, shotguns, revolvers and handguns may be registered in the District of Columbia. Per DC Official Code … as amended by the Firearms Control Amendment of 2008, registration of the following firearms is prohibited in the District of Columbia. – Firearms eligible for registrationDominant Social Theme: Some guns are more dangerous than others.Free-Market Analysis: The Dis...Read More
Greek Finance Ministry plans to put an end to cash payments. Purchases worth more than 500 euro will be not possible with cash money anymore. Finance minister Yiannis Stournaras told the Parliament on Thursday that he examines that "the expansion of electronic transactions with credit cards and other electronic payment methods for a wide range of transactions for amounts much smaller than tho...Read More
Opposition eyes Syria seat at UN, Arab League …Participants pose for a group picture during a meeting to form a new Syrian opposition group called the National Coalition of Forces of the Syrian Revolution and Opposition in Doha late on November 11, 2012. The opposition Syrian National Coalition has urged the international community to help it take over Syria's seats at the UN and Arab Le...Read More
Euro-Crisis Hope Confidence in European Banks Is Returning … There is cause for hope in Southern Europe. New numbers indicate that trust is returning to banks located in countries that have been hit hardest by the euro crisis. But even as discrepencies in the Continent's Target2 payment system shrink, danger still lurks. The turning point came almost exactly four months ago. On Sept. 6,...Read More
Yesterday morning here over a latte and a croissant–Kurfuerstendamm Ecke Schlueterstrasse–I got my ear bent by someone telling me that Israel and Western countries are now worried about the fate of 50 metric tons of uranium secretly stashed away in Syria. Reflecting for a couple of minutes after clicking off my cell, I strongly suspected that I was not the sole recipient of that messag...Read More
Sunday Interview: Sir Evelyn de Rothschild: 'To be rather abrupt, I don't think there's been a great change since 2008' One of the great City veterans and scion of the financial dynasty, Sir Evelyn de Rothschild tells Andrew Cave why banking culture needs to be reformed if lenders are to regain public trust. Veteran investment banker Sir Evelyn Rothschild is far from convinced that...Read More
A bill to register gold and silver coins: It had to come. It has been introduced in Illinois, the most anti-gun state in the USA. … Creates the Precious Metal Purchasing Act. Provides that a person who is in the business of purchasing precious metal shall obtain a proof of ownership, create a record of the sale, and verify the identity of the seller. Provides that a person who is in the busi...Read More
Politics makes a comeback … Prepare for the revenge of politics. For the past few decades, the quants – mathematicians, physicists and technologists – and their younger brothers, the economists, have been in the ascendant. With their mathematical models and their ability to crunch vast quantities of data, they have shaped the way businesses understand the world and operate within...Read More
LRA poaching ivory as Kony hunt intensifies … Lord's Resistance Army rebels are killing elephants for ivory to raise cash as an international hunt for their leader intensifies, diplomats and activists said. While nations believe they have LRA chief Joseph Kony on the run in the jungles of Central Africa, the Ugandan-origin rebels are still causing deadly chaos in several countries. The L...Read More
Euros discarded as impoverished Greeks resort to bartering … Communities set up local currencies and exchange networks in attempt to beat the economic crisis … It's been a busy day at the market in downtown Volos. Angeliki Ioanitou has sold a decent quantity of olive oil and soap, while her friend Maria has done good business with her fresh pies. But not a single euro has changed h...Read More
Only days after the Egyptian authorities announced they will boost the mining industry in the country, a 400 kg shipment of Centamin's (LON:CEY), (TSX:CEE) gold was prevented from leaving the nation, at least until the company receives a permit from the national petroleum ministry, reports Ahramonline.The Alexandria-based company, which is Egypt's largest gold producer, had a similar problem in O...Read More
In an effort to invite investment, grow revenue and expand the country's overall economy, Egypt has announced that is considering "offering a number of international bids for mineral exploration sites, particularly for gold," reports local paper Al-Shorfa.But the goal won't be an easy one to achieve and not exactly for a lack of resources. In fact, Egypt has a long mining history, with evidence of...Read More