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Searching for Water under the Sands of Saudi Arabia

Posted by Matt in March 19th, 2010 | no comment 
Published in Water, , , , , , , , , , , , , , , ,

Water is scarce in arid Saudi Arabia. Now the king has hired a team of German scientists to search for groundwater trapped in aquifers beneath the massive kingdom’s sands. Their pioneering work could provide solutions for other desert countries.
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Photo Gallery: Water in the Desert
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A New “Greek Tragedy”

Posted by Matt in March 17th, 2010 | no comment 
Published in Financial Crisis, , , , , , , , , , , , , ,

Let us be perfectly clear: The fiscal woes of Greece, one of the European Union’s weaker economies to begin with, are quite likely beyond even the abilities of the denizens of Mount Olympus to solve. Greece, a thoroughgoing socialist basket case for decades, is probably going to lead the rest of the soft economic underbelly [...]

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A Long Way From Economic Normalcy

Posted by Matt in March 13th, 2010 | no comment 
Published in Economy, , , , , , , , , , , , , , , , , , , ,

The economy grew 5.9 percent in the fourth quarter of 2009, but the number is not as strong as it looks. Most of it is based on temporary factors, notably a spurt of inventory replenishment and the now-waning fiscal stimulus. An overhang of debt and low property values continues to weigh down banks’ and consumers’ [...]

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Anti-Semitism rising worldwide, US report finds – Telegraph

Posted by Matt in March 11th, 2010 | no comment 
Published in Conflict, general, , , , , , , ,

“Traditional and new forms of anti-Semitism continued to arise, and a spike in such activity followed the Gaza conflict in the winter of 2008-2009,” the State Department said in an annual report.
“Often despite official efforts to combat the problem, societal anti-Semitism persisted across Europe, South America, and beyond and manifested itself in classic forms,” it [...]

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Economy ‘Far too Close’ to Double Dip: Roubini

Posted by Matt in March 10th, 2010 | no comment 
Published in Economy, Financial, , , , , , , , , , , , , , ,

Poor economic data in the US coupled with Europe’s debt crisis are contributing to an increase of the risk of the US economy going through a double-dip recession, Nouriel Roubini, who predicted the 2007 financial crisis, wrote in a research paper.
At best, the US economy is headed for a U-shaped recovery this year, Roubini said. [...]

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Nuclear Disarmament: The Missile Shield Deadlock between the US and Russia – SPIEGEL ONLINE – News – International

Posted by Matt in March 10th, 2010 | no comment 
Published in Nuclear, , , , , , , , , , , , , , ,

The US and Russia are currently negotiating a successor to the START nuclear disarmament treaty. But continued American plans for a missile shield in Europe have proven to be a major stumbling block. President Obama’s vision of a nuclear-free world is in danger.
Nuclear Disarmament: The Missile Shield Deadlock between the US and Russia – SPIEGEL [...]

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France-Russia Talks: Europe Wary Over Warship Sale – TIME

Posted by Matt in March 3rd, 2010 | no comment 
Published in Europe, Military, Russia, , , , , , , , , , , , , , , , ,

As Russian President Dmitri Medvedev wound up a three-day state visit to Paris on Wednesday, he had to be pleased with the results. After all, he virtually cinched an unprecedented military deal, bagged a significant gas contract and watched his French host, President Nicolas Sarkozy, dismiss American and European misgivings about his embrace of Moscow [...]

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China: A New Economic Model? – The Curious Capitalist – TIME.com

Posted by Matt in March 2nd, 2010 | no comment 
Published in China, Economy, , , , , , , , , , , , , , , , , , , ,

But what we’ve learned from these examples from history is that the state-led aspects of “mixed” economies can create as much harm as good. Bureaucratic meddling was a key factor behind Japan’s Lost Decade(s) and the Asian financial crisis of 1997. The sickest part of the “mixed” economies in Europe and India was state-controlled industry. [...]

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Partners in Decline | Foreign Policy

Posted by Matt in March 2nd, 2010 | no comment 
Published in Europe, , , , , , , , , , , , , ,

It’s anti-Europe season again in the United States. Once the season opens (usually in the second year of a presidential term, when the White House most needs a scapegoat), cabinet officials and analysts start taking their shots: “Europeans don’t pitch in. They don’t fight enough.”
Andrew Bacevich’s article, “Let Europe Be Europe,” is just the latest [...]

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Newsmax – Obama Plans to Eliminate ‘Thousands’ of U.S. Nuclear Warheads

Posted by Matt in March 1st, 2010 | no comment 
Published in Favorites, Nuclear, , , , , ,

The Obama administration is formulating a new nuclear weapons policy that would include the elimination of thousands of warheads and the possible withdrawal of all tactical warheads from Europe.
Newsmax – Obama Plans to Eliminate ‘Thousands’ of U.S. Nuclear Warheads

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