Saturday's stories

How Global Investors Make Money Out of Hunger

This is the nauseating reality that it is (in the words of Mike Ruppert “is more profitable to starve people than save them under this monetary paradigm”

der Spiegel

In recent years, the financial markets have discovered the huge opportunities presented by agricultural commodities. The consequences are devastating, as speculators drive up food prices and plunge millions of people into poverty. But investors care little about the effects of their deals in the real world.

For article GO HERE

Wall St slides 2 percent after job growth stalls

(Reuters) - Stocks tumbled 2 percent on Friday after data showing zero jobs growth in August brought investors face-to-face with the prospect of another recession.

The declines left Wall Street lower for the sixth week out of seven as declining issues far outweighed winners on a light-volume day ahead of the long U.S. Labor Day holiday weekend.

Stocks had rebounded recently on expectations the Federal Reserve would introduce new stimulus to boost the sluggish economy. But the Labor Department's latest report underscores that action by the Fed alone cannot address the economy's deep problems.

For article GO HERE

Why Unemployment Is About To Surge

Zero Hedge

Unemployment is potentially set to rise sharply in the coming months.  That is a pretty bold claim on the surface and one that flies in the face of both mainstream economists, and the White House which is about to unveil a new "jobs plan".  

For article GO HERE 

Nuclear Operators Told to Reassess Quake Risk

Wall Street Journal

Nuclear regulators said Thursday they want the operators of all 104 U.S. commercial reactors to conduct new assessments of their facilities' vulnerability to earthquake damage.

The decision was motivated by the increased awareness that seismic risks may have been underestimated by nuclear-power industry and regulators in the past, especially for the central and eastern U.S.

For article GO HERE