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From Author Chuck Coppes: America's Financial Reckoning Day
Global News Watch
Date Link Article
May 19, 2008 31,000 scientists reject 'global warming' agenda
Worldnet Daily
More than 31,000 scientists across the U.S. – including more than 9,000 Ph.D.s in fields such as atmospheric science, climatology, Earth science, environment and dozens of other specialties – have signed a petition rejecting "global warming," the assumption that the human production of greenhouse gases is damaging Earth's climate.
May 18, 2008 Iraq's Babylon hoping to become World Heritage site
Breitbnart.com
The last outsiders to visit the ruins of the once-mighty city of Babylon in Iraq came in tanks and helicopters, leaving a blight on its historic and fragile landscape, archaeologists say.
May 15, 2008 British Central Bank predicts British recession
TimesOnline (UK)
Britain faces two years of economic pain and could sink into recession, the Governor of the Bank of England has said in a stark warning to the nation.
May 15, 2008 Experts divided on how to retool how the world gets food
Miscellaneous
Sitting in a Mexico City office, dressed in a pressed white shirt, Gerardo Sanchez seems a world away from his herds of goats and fields of beans.
May 14, 2008 Foreclosure filings hit record in April
CNNMoney
U.S. foreclosure filings reached a record high in April, rising almost 65% over the previous year and putting municipalities at risk by cutting into the value of taxed property, according to a study released Wednesday.
May 14, 2008 How World Bank/IMF destroyed agriculture in Honduras
Bloomberg
Fidencio Alvarez abandoned his bean and corn farm in southern Honduras because of the rising cost of seeds, fuel and food. After months of one meal a day, he hiked with his wife and six children to find work in the city.
May 14, 2008 U.S. using food crisis to boost bio-engineered crops
Miscellaneous
The Bush administration has slipped a controversial ingredient into the $770 million aid package it recently proposed to ease the world food crisis, adding language that would promote the use of genetically modified crops in food-deprived countries.
May 13, 2008 Citigroup is beyond repair
Miscellaneous
Banking analyst Meredith Whitney blasted Citigroup's turnaround plan yesterday, saying the financial giant is so deep in a black hole that even renown physicist Stephen Hawking could not help the ailing company.
May 12, 2008 The global slump of 2008-09 has begun as poison spreads
Telegraph (UK)
The avalanche of bankruptcies has begun. Six US companies of substance have defaulted on bonds over the past fortnight, against 17 for the whole of last year.
May 09, 2008 G7 loses grip on global policy to O5
Asia Times
A distinct set of global institutions governs the international economic system: the World Trade Organization, the International Monetary Fund, and the World Bank. Each has its specialty, and they are complemented by a number of even more specialized institutions with more restricted membership, such as the Bank for International Settlements and the Organization for Economic Cooperation and Development.
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