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Archive for ‘January, 2009’

How realistic is a North American currency?

How realistic is a North American currency?

“World, hold on. Instead of messing with our future, open up inside.” — Bob Sinclair NEW YORK – Thomas Jefferson once said: “When you reach the end of your rope, tie a knot in it and hang on.” As the global financial system pushes on a string, investors are desperately trying to hold tight. The [...]

Six Ways To Ruin America

Six Ways To Ruin America

Herb Denenberg at The Bulletin points to Ben Stein’s and Phil DeMuth’s book How to Ruin the United States of America, and notes how it’s right on target – suggesting one change that thinking Americans will agree with: That the title of the book should be How We Are Ruining the United States of America, [...]

Can Oceans Power the Data Center of the Future?

Can Oceans Power the Data Center of the Future?

Looks like a datacentere powered by the tides isn’t too far off from being a reality. No, it doesn’t include floating an offshore datacenter – but it’s still a cool idea. Tidal turbine company Atlantis Resources Corporation has signed a development partnership with data center developer Internet Villages International (IVI). The duo plans to build [...]

Russia Offers Obama Olive Branch on Missiles: Report

Russia Offers Obama Olive Branch on Missiles: Report

Russian Report Says Moscow Has Halted Plans to Deploy Missiles Near the Polish Border’. MOSCOW (Reuters) – Russia has halted plans to deploy missiles near the Polish border, a Russian news agency quoted the military as saying on Wednesday, in what could be a sign Moscow is seeking better ties with the new U.S. president. [...]

Lithuanian airline collapse hits culture-fest, organisers say

Lithuanian airline collapse hits culture-fest, organisers say

VILNIUS (AFP) — The collapse of Lithuania’s flagship airline FlyLAL has dented Vilnius’ status as this year’s European Capital of Culture, organisers in the Baltic state said on Wednesday. “We had a sponsorship contract with FlyLAL worth 4.5 million litas (1.3 million euros, 1.7 million dollars),” Albertas Barauskas, spokesman of the year-long festival, told AFP. [...]

EU clears changes to Swedish banking bailout

EU clears changes to Swedish banking bailout

The EU on Thursday approved changes to Sweden’s banking bailout program, allowing Swedish banks to use a state guarantee to cover possible losses in Baltic nations. Banks such as Nordea AB and Swedbank AB are exposed to possible defaults on mortgages in rapidly cooling Baltic nations Latvia and Lithuania after expanding their business in the [...]

Ice basketball aims to woo Lithuanians to hockey

Ice basketball aims to woo Lithuanians to hockey

VILNIUS (Reuters Life!) – One of the world’s strangest sporting events took place in the small Baltic state of Lithuania this week: basketball on ice. In almost full gear of helmets, pads and skates, but without the heavy gloves, Lithuania’s national ice hockey team took to the rink on Wednesday evening to dribble the big [...]

Most EU nations fail to meet air standards

Most EU nations fail to meet air standards

BRUSSELS — The European Union said Thursday that 23 of its 27 member nations have failed to meet clean air standards put in place four years ago. Just Finland, Lithuania, Luxembourg and Ireland have stayed within the limits on particulate matter concentrations. The bloc said it has taken legal action against 10 member states that [...]

CIA’s station chief in Algeria accused of rape

CIA’s station chief in Algeria accused of rape

THE CIA has removed its station chief in Algeria amid a US Justice Department investigation into allegations that he raped at least two women. Andrew Warren, 41, an American convert to Islam, was ordered home in October after two women came forward last September with rape allegations in separate incidents, ABC News reported. Mr Warren [...]

France responds to economic downturn with a general strike

France responds to economic downturn with a general strike

People everywhere talk about the economic crisis, but the French, in their way, are doing something about it. France has come to a near standstill for a one-day general strike, the CBC’s David Common reports from Paris. Hundreds of thousands of people are taking to the streets, protesting that banks, not people, are being bailed [...]

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