Updated: 6:20pm pt Sunday November 25
 
Larry B
Calif. GOP Struggles With Money Woes
Lackluster Fundraising, Debt Lead State Party To Slash Money For Key Operatives

Luc Majno
UNITED NATIONS DECLARATION ON THE RIGHTS OF INDIGENOUS PEOPLES

Updated:  Wildfire Engulfs Homes Above Malibu…
4,500 Acres, 45 Houses Burned…

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TOP 10 – News Roundup

WORLD NEWS

Stomach virus races through cruise ship passengers

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BUSINESS

Carolyn Baker
$275 Million To Play Baseball: When Is Enough, Enough?  by Kellia Ramares

Eric G
Slamming on the brakes in China

Indian tourist sites refusing entry to dollar

UAE at crossroad
Dollar drop puts UAE at ‘crossroads’ on currency link.

Eric G
Economic Expert Says Global Crash Imminent
Echoes former world bank leader with prediction of global recession

Carolyn Baker
Black Friday: Why This One Is Especially Dark

MARKETS

Dollar’s fall is now a bigger political issue than an economic one
Bet Your Bottom Dollar Tensions Will Follow

The Financial Tsunami  F. William Engdahl   Sub–Prime Mortgage Debt is but the Tip of the Iceberg Part 1: Deutsche Bank’s painful lesson Even experienced banker friends tell me that they think the worst of the US banking troubles are over and that things are slowly getting back to normal. What is lacking in their rosy optimism is the realization of the scale of the ongoing deterioration in credit markets globally, centered in the American asset–backed securities market, and especially in the market for CDO’s–Collateralized Debt Obligations and CMO’s–Collateralized Mortgage Obligations. By now every serious reader has heard the term "It’s a crisis in Sub–Prime US home mortgage debt".… What almost no one I know understands is that the Sub–Prime problem is but the tip of a colossal iceberg that is in a slow meltdown. I offer one recent example to illustrate my point that the "Financial Tsunami" is only beginning.

Carolyn Baker
Black Friday: Why This One is Especially Dark
A few moments ago I posted on my site the MSNBC version of "The Coming Consumer Crunch" which forecasts severe and painful belt–tightening for American families in 2008. Then when I checked my inbox, a Truthout bulletin listing Kelpie Wilson’s latest article "Give Thanks For Oil" appeared. One paragraph leapt out at me:

New Wave of Mortgage Failures Could Create Nightmare…

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ENVIRONMENT/SCIENCE/TECH

Oil Officials See Limit Looming on Production The oil industry this week acknowledged that there are limits to the growth of world oil supplies. Industry executives did not exactly endorse the "peak oil" theory, but they acknowledged that oil production is unlikely ever to exceed 100 million barrels per day (the world is presently using 85 million per day). Soon this problem could shove global warming off the front page.

U.N. Panel Issues Warnings on Climate Change In a grim report released this week, the Intergovernmental Panel on Climate Change (IPCC) portrays the Earth hurtling toward a warmer climate at a quickening pace and warns of inevitable human suffering. It says emissions of carbon, mainly from fossil fuels, must stabilize by 2015 and go down after that.

Here It Is: The Future of the World, in 23 Pages "This is the key document on climate change, and from now on you can forget any others you may have read or seen or heard about. This is the one that matters. It is the tightly distilled, peer–reviewed research of several thousand scientists, fully endorsed, without qualification, by all the world's major governments."

Key Findings of the Latest Scientific Report on Global Warming A wide array of tools exist, or will soon be available, to adapt to climate change and reduce its potential effects. One is to put a price on carbon emissions. The longer action is delayed, the more it will cost, according to the latest scientific report.

Alarming UN Report on Climate Change Too Rosy, Many Say "The blunt and alarming final report of the United Nations Intergovernmental Panel on Climate Change, released here by UN Secretary General Ban Ki Moon, may well underplay the problem of climate change, many experts and even the report's authors admit."

A Toxic Trojan Horse: Tiny Plastic Particles Pack a Major Punch The world's oceans are full of plastic trash that has broken down into microscopic particles. These "microplastics" are impossible to clean up. And now research suggests they act like tiny Trojan horses as well, carrying toxic chemicals that animals inadvertently swallow.

Early Puberty's Toxic Causes and Effects Many girls now start to develop breasts as early as eight years old –– two years earlier than they did a few decades ago. The consequences of growing up too soon are serious –– depression and anxiety, eating disorders, sexual objectification, and early drug and alcohol abuse are just a few. And the implications are not just psychological. Menarche before age 12 raises breast cancer risk by 50 percent.

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HEALTH

 
 

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