Here is a city that has mandated bomb shelters in all Singaporean homes built since 1998. I’m really impressed.
”We don’t call it a bomb shelter,” says Cindy Lim, whose Singapore city apartment has one of the ”housing shelters” that have been mandated by law in all Singaporean homes built since 1998. ”We call it [...]
What does the end of the bond market world look like? Something like this …
The chart above shows the yield on the benchmark 2-year note in Greece. Just a few short months ago, Greek sovereign yields were hovering around 2.1 percent. On Wednesday, they shot up as high as 18.9 percent!
Translation? The [...]
A couple guys located in Afghanistan produce a remake of the music video by Lady Gaga….Telephone. Prepare yourself for a fantastical journey.
Right now this is the temporary version, we have more scenes to cut, and edit, however with guys always on mission it is harder to film than you think.
This video [...]
“We will stand alongside Syria against any [Israeli] threat,” Rahimi said at a news conference with the Syrian prime minister, Mohammad Naji Otri. “If those who have violated Palestinian land try anything, we will cut off their feet,” he promised.
I have to disagree with the author on this issue. The U.S. should get off the Korean peninsula and cancel the alliance with South Korea. If North Korea attacks South Korea then we should do nothing.
It’s time for the South Korean people to go their own way.
For this reason, Korean unification—under a [...]
China is putting a major focus on submarines which have no peacetime purposes said a defense expert on Friday, noting, on the other hand, aircraft carriers are perfect tools for peaceful purposes but submarines are for military purposes.
Government-mandated lending pushed unneeded funds into the Chinese stock markets, which caused an abnormal jump in prices; similar funds also flooded into the coffers of casinos in Macau, which had been languishing before the stimulus program. Predictions that Beijing’s plan might trigger the biggest wave of corruption in Chinese history now seem correct. And forced [...]
Tehran has opted for this course for five reasons:
To pre-empt a US/Israel strike
1. To preempt a possible US or Israeli military strike on its nuclear facilities, by throwing their military preparations awry.
2. To pre-stage its first military clash with the US and/or Israel in an arena far from home – [...]
This second oil rig accident seems like a true accident, but it certainly makes one wonder if terrorism is somehow involved.
Even as the oil slick from the ruined Deepwater Horizon creeps onto the Lousiana shoreline, Reuters is reporting that another offshore drilling rig has overturned- this time among the inland waters near Morgan City, [...]
Today, as beleaguered investment banks shutter offices and commodity prices and trade flows plunge, Credit Suisse estimates that hundreds of thousands of expat jobs are disappearing from Singapore. Property prices, particularly of high-end homes, are expected to fall some 50% as the recession gathers force.
But in a departure from previous downturns, some expats are [...]