Hard hitting global and local news
Continue reading here: Spain’s Deficit Set to Soar; GDP Poised to Plunge; Job Losses Fastest in 3 Years; IIF Wants…
Tweet One of the surprising things is that the sea is not flat, but there are places where sea level is lower than others, rising faster than others or slower. Mostly bunnies just look at the averages, but the money, just as with temperature and precipitation changes is local. Turns out that the northeast US coast, from Cape Hatteras on north up to Maine is the so called Northeast Hot Spot (NEH) and the rate of sea level rise since 1950 or so is three times the global. Sallenger Doran and Howd explore the " Hotspot of accelerated sea level rise on the Atlantic coast of North America ". Turns out it’s not all bad news because In the late twentieth century, sea levels were relatively low along the North American east coast, particularly north of Cape Hatteras8,9
Originally posted here: Judge Rules Stockton CA Bankruptcy is Valid, City Acted in Good Faith
Johnson & Johnson (JNJ) $4.03 billion Net Negative Cash Counting short-term investments, net corporate cash of the 50 largest companies is negative $543.67 billion. Total cash of the 10 companies that have positive balance sheet cash (counting short-term investments as a cash equivalent) is $216.05 billion.
The HSBC China Manufacturing PMI shows Modest improvement in operating conditions. After adjusting for seasonal factors, the HSBC Purchasing Managers’ Index™ (PMI™) – a composite indicator designed to provide a single-figure snapshot of operating conditions in t he manufacturing economy – posted 51.6 in March, up from 50.4 in February, signalling a modest improvement.
Bloomberg reports Napolitano Names Advisers in Renewed Push for Italian Deal Italian President Giorgio Napolitano renewed his push to forge a government from the country’s divided parliament by drafting advisers from two of the top three political forces. Members of the parliamentary coalitions headed by Pier Luigi Bersani and ex-Prime Minister Silvio Berlusconi were among the 10 men selected, according to an e-mail sent late yesterday by Napolitano’s office.
Happy Easter Posted by Michael Shedlock at 11:10 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
Regardless of Insurance, Taxpayers Pay Reader Chris writes Hey Mish, I have been discussing disability for quite some time with others. I know a few people on disability who should not be qualified.
AP reported specifically in their article, " Officials: Arms shipments rise to Syrian rebels ," that: US Secretary of State John Kerry said on the sidelines of a Syrian opposition meeting in Italy last month that the weapons are ending up in the hands of secular groups. "I will tell you this: There is a very clear ability now in the Syrian opposition to make certain that what goes to the moderate, legitimate opposition is in fact getting to them, and the indication is that they are increasing their pressure as a result of that," he said, without elaborating.
Beppe Grillo "We are the French Revolution Without the Guillotine" With Beppe Grillo and unwilling to form a coalition government, and with Prime former Prime Minister Silvio Berlusconi making demands that Bersani will not go along with, Italian President Giorgio Napolitano Considers Options . One of those options includes stepping down early so the next president can call elections