The most important news from all around the world....

According to a new report, foreclosure filings climbed in 75% of the nation's metro areas during the first half of 2010.

According to RealtyTrac, Florida led the way with nine of the top 20 metro foreclosure rates in the country during the first half of 2010.

According to a new survey of leading economists, the U.S. economic recovery will remain slow deep into next year.

Is the U.S. economy heading straight toward a devastating collapse?

Has the Federal Reserve almost run out of ways to stimulate the economy?

California Governor Arnold Schwarzenegger has declared a fiscal state of emergency - requiring most state employees to take three days of unpaid leave per month until a new budget is enacted.

Investors should be very worried about ultra-loose policy from the Federal Reserve, according to Joachim Fels, the co-head of economics at Morgan Stanley.

European banks have amassed 30 trillion euros in liabilities and face a serious funding threat over the next two years as authorities withdraw emergency support, according to a new report by Standard & Poor's.

It turns out that India has a huge demographic bulge coming which will lead to an enormous labor force spike in the coming years.

46.2 percent of unemployed Americans have been out of work for 27 weeks or more.

Officials say that a Japanese supertanker damaged near the strategic Strait of Hormuz was involved in a collision, but that the cause was unknown.

Barack Obama has signed legislation to fund his troop surge in Afghanistan, even though it was stripped of money for domestic stimulus programs.

Prime Minister Benjamin Netanyahu recently said that continuing the construction freeze in West Bank settlements after it expires on September 26th would be impossible politically and would bring down his coalition.

The Arab League has announced that it has approved direct talks between Israel and the Palestinian Authority.

The idea of a single state solution to the Israeli-Palestinian problem is gaining renewed support not only among Palestinians but also among Israeli conservatives.

An Israeli oil prospecting and production firm has formally announced the discovery of a "commercially sized" oil field in central Israel.

It is being reported that Israel is aiding an exiled Arab sheik who is vying to seize control of a strategically important Gulf emirate only 40 miles from Iran.

Admiral Mike Mullen, the chairman of the U.S. Joint Chiefs of Staff, says that Julian Assange, the founder of WikiLeaks, was risking lives to make a political point by publishing thousands of military reports from Afghanistan.

A California hacker said he doesn't regret going to federal officials to show them alleged confessions an Army private made about leaking more than 90,000 documents that reveal secret information about U.S. war strategy.

Two days after BP said it will write off the cost of the oil spill cleanup against its income taxes, a U.S. senator is calling for a Congressional probe into the company's tax plans.

House Speaker Nancy Pelosi has blocked an independent investigation into the Gulf oil spill disaster.

Up to 4 million barrels (167 million gallons), the vast majority of the oil spill in the Gulf of Mexico, remains unaccounted for in government statistics.

Crews along the Kalamazoo River in Michigan were busy Tuesday skimming oil and placing booms to prevent further damage from what is likely the largest oil spill in the history of the Midwest.

Growing concern over the worst drought in a century in Russia, Eastern Europe and Central Asia have rocked world wheat markets in recent weeks.

Analysts are warning that the massive drought in Russia may cut Russian wheat exports in half.

Investors in farmland are targeting countries with weak laws, buying arable land on the cheap and failing to deliver on promises of jobs and investments, according to the draft of a report by the World Bank.

It turns out that the Democrats snuck all sorts of nasty little surprises into the financial reform bill that was just passed.

According to one new poll, 72 percent of Americans do not believe that the U.S. government is enforcing existing immigration laws.

The legal battle over the new Arizona immigration law entered its next stage when Gov. Jan Brewer filed an expedited appeal to the 9th Circuit Court of Appeals.

The Obama administration is seeking to make it easier for the FBI to compel companies to turn over records of an individual's Internet activity without a court order if agents deem the information relevant to a terrorism or intelligence investigation.

The House ethics committee has charged U.S. Representative Charles Rangel with 13 violations of House rules involving alleged financial wrongdoing and harming the credibility of Congress.

It turns out that Barack Obama's assistant secretary of state for population, refugees and migration, Eric P. Schwartz, previously served as the director of a George Soros-funded organization that promoted world government.

Security experts, consumer advocates and privacy campaigners have sounded the alarm over the hundreds of thousands of free smartphone applications that spy on their users.

The Russian security service has been given extended powers to act against people for so-called "thought crime" under a new law which opponents say marks a return to Soviet-era policing.

Time Magazine is asking this question: "Why Are French Women Killing Their Babies?"

One out of every five California adults say that they could use help with a mental or emotional problem.

Researchers from the University of Pittsburgh and Thoughtful House Center for Children in Austin, Texas, have found remarkably similar brain changes to those seen in autism in infant monkeys receiving the vaccine schedule used in the 1990’s that contained the mercury-based preservative thimerosal.

Scientists say that microscopic marine algae which form the foundation of the ocean food chain are dying at a terrifying rate.

U.S. hikers may be locked out of hundreds of caves and 30,000 abandoned mines in the West and Midwest in a government plan to protect bats from disease.

A newborn zedonk, an unusual cross between a donkey and a zebra, is attracting attention at the Chestatee Wildlife Preserve in north Georgia.

Now some scientists are saying that there probably was no "Big Bang" after all.

As the battle over same-sex unions continues in the U.S., a film dubbed "the lesbian marriage movie" is becoming a breakaway hit.

In a first since it was organized eight years ago, the route of the annual gay pride parade in Jerusalem will end in front of the Knesset.

Dozens of Orthodox rabbis have signed a statement of principles saying that religious communities must accept those of its members who are "active homosexuals" and their biological or adopted children, and that they must not be encouraged to undergo "change therapies" or marry someone of the opposite sex.

A federal judge upheld the right of a counseling program at Eastern Michigan University to kick out a master's student who refused to affirm the morality of homosexuality.

Attorneys with a Christian legal firm have urged mayors in South Carolina and Florida not to give in to the demands of atheists by removing Christian invocations from their council meetings.

A pastor in the Russian republic of Dagestan known for founding the biggest Protestant church in the region and for successfully reaching out to Muslims has been killed by unidentified gunmen.

Jeffrey Thompson is talking about the day when he almost died.

Televangelist Benny Hinn has posted a plea for $2 million in donations on his website.

The United Nations has declared that access to clean water and sanitation is a fundamental human right.

Has science adopted an authoritarian tone?

Foxes vs. rats?  Local authorities in China have mobilized an army of specially-bred and trained silver foxes to combat a destructive plague of rats.

Sheikh ‘Abd Al-Muhsin Al-’Obikan, an advisor at the Saudi Justice Ministry, recently issued a fatwa allowing the breastfeeding of adults.

According to a new survey, more than 95 percent of exterminators across the United States are reporting bed bug infestations.

Shocking new research indicates that Christians who call on the name of Jesus can actually stop aliens abductions.

Bar Ilan University archaeologists have uncovered the ruins of a Philistine temple in the ancient city of Gath - the city that the Bible says Goliath was from.

Amazon has launched a cheaper, wireless-only Kindle, betting that the $139 price will turn its latest electronic reader into a mass-appeal device as Apple's iPad gains ground.

The Chinese government is denying charges by a U.S. business group that its technology transfer rules for foreign firms constitute "theft" on a massive scale.

Could cyber attacks from China cause the evaporation of all the data and knowledge stored on the Internet?

A cyber mastermind from Slovenia who is suspected of creating a malicious software code that infected 12 million computers worldwide and orchestrating other huge cyberscams has been arrested and questioned.

In a city filled with slot machines spilling jackpots, it was a “jackpotted” ATM that got the most attention Wednesday at the Black Hat security conference, when researcher Barnaby Jack demonstrated two suave hacks against automated teller machines that made them spew out dozens of crisp bills.

Google is holding talks with online game developers as part of its bid to build a social-networking service that could compete with Facebook.

Lastly, Google is reported to have jointly invested with the CIA in an Internet monitoring project that scours Twitter accounts, blogs and websites for all sorts of information, and can also "predict the future".

Tagged with:
 

The most important news for Thursday, July 28th, 2010....

A federal judge blocked enforcement of key provisions of Arizona's new immigration law on Wednesday.

A city in eastern Nebraska has suspended a voter-approved ban on hiring and renting property to illegal immigrants, less than two days before it was set to take effect.

According to a new poll, 54% of U.S. voters say the Justice Department should take legal action against cities that provide sanctuary for illegal immigrants.

The Russian Foreign Ministry said on Tuesday that new EU sanctions against Iran show scorn for the United Nations and the so-called "sextet" working to resolve disputes over Iran's nuclear program.

A secret 36-page memo based on Obama administration statements indicates that Barack Obama warned Palestinian Authority Chairman Mahmoud Abbas to start direct talks with Israel or risk losing American support for the recognition of the PA as a country.

Hamid Gul, a former Pakistan general accused of helping the Taliban, says that the United States orchestrated the mass leak of war files to scapegoat him for its imminent withdrawal from Afghanistan.

India is using the WikiLeaks scandal to repeat a long-standing demand: that Pakistan stop allowing terrorists and terror operations to use it as a base.

North Korea sold missiles to the Taliban in Afghanistan in November 2005 even as the North was taking part in six-party nuclear disarmament talks, a U.S. intelligence report claims.

According to a new report, Russia continued to violate provisions of the 1991 START nuclear-arms treaty up until the agreement expired in December.

An explosion, possibly caused by an attack, damaged a Japanese oil tanker on Wednesday near the mouth of the Persian Gulf, Japanese shipping company Mitsui O.S.K. Lines has reported.

One hundred days after an oil well operated by BP ruptured in the Gulf of Mexico, and 13 days after crews finished capping the well to contain the gushing crude, the man who is overseeing the federal response is optimistic that steps planned for the coming days will permanently seal the well.

Millions of small dead fish are washing ashore along beaches in Gulfport, Mississippi.

Michigan's governor on Wednesday sharply criticized attempts to contain a large oil spill making its way down the Kalamazoo River after the company responsible for the spill said it had redoubled its efforts to clean up the mess.

The U.S. Coast Guard dispatched emergency teams Tuesday after a boat crashed into an oil well off the coast of New Orleans, reportedly sending crude spewing some 20 feet into the air.

Why is there such an epidemic of oil spills all over the world all of a sudden?

Under a little-noticed provision of the recently passed financial-reform legislation, the Securities and Exchange Commission no longer has to comply with virtually all requests for information releases from the public, including those filed under the Freedom of Information Act.

Another little-noticed section of the new Wall Street reform law grants the federal government broad new powers to compel financial firms to hire more women and minorities.

About 18.9 million homes in the U.S. stood empty during the second quarter of 2010 as surging foreclosures helped push ownership to the lowest level in a decade.

Today, 19 percent of Americans receive some form of Social Security benefits.  In 1970, only 12 percent of all Americans received some form of Social Security.

A record 4.39 percent of the work force - or 46.2 percent of the unemployed - have been out of work for 27 weeks or more.

Princeton University economist Alan S. Blinder estimates that 22% to 29% of all current U.S. jobs will be offshorable within two decades.

Authorities in one California town decided on a drastic approach to their budget deficit – they sacked every single municipal worker.

India has raised interest rates and issued a stark warning on inflation dangers, joining China, Brazil, and other "tiger economies" in concerted moves to tighten monetary policy.

It turns out that "doomsday shelters" are making a big comeback.

RFID technology is becoming integrated into virtually all aspects of American life.

A small team of Australian scientists has secured a $57 million contract to supply "Terminator-style" robots to the U.S. Marine Corps.

Seven people around the globe have been entrusted with "the keys" of the Internet.

The People's Liberation Army has unveiled its first department dedicated to tackling cyber war threats and protecting information security, Chinese media have reported.

Leaders of the Democrat Party have announced a plan to demonize the Tea Party via a national campaign to associate the GOP and the Tea Party as one and the same.

Massachusetts Congressman Barney Frank caused a scene when he wouldn't give up on demanding a $1 senior discount on his ferry fare to Fire Island's popular gay haunt, The Pines, last Friday.

Republican Ron Ramsey has come under fire for likening Islam to a cult and casting doubt about whether it is even a religion.

The Massachusetts Legislature has approved a new law intended to bypass the Electoral College system and ensure that the winner of the presidential election is determined by the national popular vote.

It looks like H1N1 is trying to make a comeback in India.

The sun is moving toward the next solar maximum, expected in 2013, and experts say that we should be preparing for the worst.

Scientists are mulling over why part of the Earth's atmosphere recently suffered its biggest collapse since records began, and is only now starting to rebound.

Supply concerns are pushing wheat prices around the world much higher.

Farmers in Australia are bracing for the worst locust plague on record.

Amazon has completely sold out of its least expensive Kindle, providing further evidence of the e-reader's surging popularity.

A mysterious cardsharp who fancies himself to be a modern day "Robin Hood" uses his skills as a professional gambler to win money from Las Vegas casinos and then gives his winnings to hard-up families.

Lebanon’s ruling party on Monday issued a formal call to save the Christian communities of the Middle East.

A number of hospitals in the U.K. are banning Bibles from the bedside lockers of patients.

Lastly, a judge in Spain has been suspended for ten years and ordered to return his salary of about $127,000 to the government because he delayed a decision to allow a lesbian to adopt her partner’s child.

Tagged with:
 

The most important news for Wednesday, July 28th, 2010....

Iranian President Mahmoud Ahmadinejad says that he has "precise information" that the United States plans to attack at least two countries in the region within the next three months.

Ahmadinejad also says the United States and Israel plan to launch a "psychological war" on Iran.

Russia has angrily slammed Iranian President Mahmoud Ahmadinejad's criticism of Moscow in the nuclear crisis as unacceptable and irresponsible, as tensions spiral with its traditional ally.

The U.S. House of Representatives on Tuesday sent Barack Obama a major war-funding increase of $33 billion to pay for his troop surge in Afghanistan.

According to a newly released audit, the Defense Department is unable to properly account for $8.7 billion out of $9.1 billion in Iraqi oil revenue entrusted to it between 2004 and 2007.

The U.S. government has once again reaffirmed that it has no intention of engaging in military action against Venezuela.

The discovery of large natural gas reserves under the waters of the eastern Mediterranean could potentially mean a huge economic windfall for Israel and Lebanon.

BP has posted a massive quarterly loss of $17.2 billion due to costs stemming from the Gulf of Mexico oil disaster.

The amount of securitized credit that has vanished since the credit bubble burst two years ago is $1.4 trillion – that means that 40% of this market is gone.

The Conference Board, a private research group, announced on Tuesday that its Consumer Confidence Index slipped to 50.4 in July, down from the revised 54.3 in June.

An increasing number of Americans are living in their homes with the electricity and water turned off.

A majority of small businesses will face significantly higher taxes under Barack Obama's tax plan.

A congressional subcommittee has been asked to investigate the growing backlog in and foreign procurement of U.S. bullion and collectors' precious metals coin blanks manufactured by the U.S. Mint.

A member of a German quintet of professors that is currently challenging the legality of Europe's recently-devised support measures has said they threaten to create enormous tensions between EU citizens if allowed to stand.

Could economic conflict between the U.S. and China reappear at any time?

According to a recent Washington Post investigation, 1,271 government organizations and 1,931 private companies work on programs related to counterterrorism, homeland security and intelligence in about 10,000 locations across the United States.

It is being reported that the White House was "very pleased" with how the New York Times dealt with its semi-exclusive access to the documents.

Pentagon officials looking into the leak of thousands of classified documents to an online whistle-blower already have at least one potential suspect in mind - an Army intelligence analyst under suspicion in an earlier leak to the same website.

Los Angeles County, in response to rural non-compliance of environmental ordinances, has formed what they call the "Nuisance Abatement Team".

Thousands of illegal immigrants are fleeing Arizona ahead of the coming crackdown there.

In a move that complicates Republican efforts to take back the Colorado governor's office, former GOP congressman Tom Tancredo said Monday that he plans to change parties and run on the American Constitution Party ticket.

A Kentucky Democrat running for U.S. Senate says former Florida Gov. Jeb Bush is tarnishing his family legacy by appearing at a fundraiser on behalf of Republican Rand Paul.

Barack Obama's new health care law has created 183 new agencies, commissions, panels and other bodies.

Two people were killed and one was seriously injured when a rare tornado struck a family ranch in northeastern Montana on Monday.

It is becoming increasingly difficult to live a healthy lifestyle: 7 Secret Ways We Are Being Poisoned.

Health officials say that a lethal tropical fungus is behind at least 15 deaths in the U.S. Pacific Northwest over the past six years.

A new poll shows that 62% of Catholics want to keep California’s liberal abortion laws - or make getting abortions even easier.

A 7 year old boy that was being treated with three different psychotropic medications recently committed suicide by hanging himself.

Some feedlots are losing cattle by the hundreds, as hot weather and high humidity bears down across Kansas.

A blistering summer heat wave in Japan has sent 15,000 people to the hospital with heat stroke and caused at least 66 deaths in the past two months.

Wreathed in smoke from underground fires, Moscow recorded its hottest day ever on Monday as large parts of Russia endured severe drought.

In Russia, seven self-confessed members of a Satanist sect were sentenced Monday by the Yaroslavl Regional Court to prison terms for killing four teenagers and desecrating their bodies in a 2008 initiation ritual.

The Board of Pensions of the Presbyterian Church (U.S.A.) is considering a recommendation to extend spousal and dependent benefits to same-gender domestic partners.

A dairy cow has defied the odds to give birth to triplets of different breeds.

Lastly, archaeological research in East Timor has unearthed the bones of the biggest rat that ever lived, with a body weight around six kilograms.

Tagged with:
 

The Wikileaks Scandal Explodes

On July 27, 2010, in Daily News Updates, by Admin

The most important news for Tuesday, July 27th, 2010....

The Obama administration has accused online whistleblower WikiLeaks of endangering the lives of American, British and other coalition troops after it posted around 90,000 leaked U.S. military documents online.

The founder of Wikileaks says that the leaked United States military reports from Afghanistan appear to contain "evidence of war crimes".

The WikiLeaks documents released on Sunday also shine a spotlight on Pakistan’s Inter-Services Intelligence and their connections with terrorist organizations.

The Afghan government said on Monday that it was "shocked" as it sifted through the tens of thousands of leaked U.S. military and diplomatic reports that were released by Wikileaks.

Iranian President Mahmoud Ahmadinejad says that Iran will react swiftly if its commercial shipping or aviation are subjected to inspection.

The United States and Israel would not dare attempt a military strike of Iran's nuclear sites, Iranian military officials said over the weekend, adding that they were confident that Tehran would easily repel such an attempt.

Iranian Defense Minister Brigadier General Ahmad Vahidi on Monday warned Israel that "any injudicious action" will lead to the annihilation of the Israeli nation.

There are reports circulating in the media that Mossad chief Meir Dagan visited Saudi Arabia recently to talk about Iran.

The IDF will attack Lebanese government institutions if Israel is again subjected to rocket attacks, Defense Minister Ehud Barak said in an interview with The Washington Post published on Sunday.

Israel and the United States have signed an agreement to make the Arrow II ballistic shield capable of shooting down missiles at a higher altitude, the Israeli Defense Ministry said on Sunday.

The United States insists that allowing the Palestinian Authority to fly its flag in Washington does not represent an upgrade in its diplomatic status.

Israel has told the UN Security Council's North Korea sanctions panel that ballistic missile proliferation by Pyongyang is destabilizing the Middle East and urged countries to step up efforts to stop it.

The nation of Burma is now working on a nuclear weapons program, experts have concluded, after its existence was exposed by leaked photographs.

President Hugo Chavez of Venezuela has threatened to halt oil exports to the U.S. if his country is attacked by Colombia.

In a move that may well anger Washington, Russia is insisting on French agreement to a full technology transfer before signing a contract for two French-designed warships.

Russian Prime Minister Vladimir Putin says that he met with the Russian spies deported from the United States following the Russia-U.S. spy scandal and that he sang patriotic songs with them.

It is being reported that beleaguered BP chief executive Tony Hayward will soon leave his post with a pension package worth over 10 million British pounds.

One member of the U.S. Congress says that BP has turned the Gulf of Mexico region into a "toxic bowl" that will haunt that region for years to come.

Fishery experts say the more than 1.8 million gallons of dispersants applied since the Deepwater Horizon rig exploded April 20th could cause an almost unbelievable amount of harm to many species that swim in and out of the area.

The federal budget deficit, which hit a record $1.4 trillion last year, will exceed that figure this year and again in 2011, the White House predicted on Friday.

Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night.

The SEC's own internal watchdog has widened his investigation of the civil fraud lawsuit brought against Goldman Sachs to include a focus on the timing of last week's $550m settlement.

Desperate cities across the U.S. are giving away land for nominal fees or for nothing in the hope that it will boost the tax rolls and cut the lawn-mowing bills.

Other cities are so desperate for cash that they are examining whether or not their communities’ nonprofit organizations really deserve to be tax-free.

An increasing number of U.S. states are becoming addicted to gambling as a source for revenue.

The 22 statistics detailed here prove beyond a shadow of a doubt that the middle class is being systematically wiped out of existence in America.

It is being reported that the LBMA has decided to block access to statistics relating to the trading activities of its member banks.

Spanish Prime Minister Jose Luis Rodriguez Zapatero is warning that his government will adopt more unpopular austerity measures if needed to revive Spain's economy and reduce the public deficit.

The stress test in which only seven of 91 European Union banks failed is just a public relations exercise and wasn't tough enough, famous investor Jim Rogers told CNBC.com on Monday.

European bureaucrats have set up a secretive fund of £400 million to pay for projects that include promoting a "smelly-foot" dance and producing postcards about the causes of "social exclusion".

A new bill being considered by Congress would require all persons in the United States between the ages of 18 and 42 to perform national service, either as a member of the uniformed services or in civilian service in furtherance of the national defense and homeland security.

Federal authorities are stepping up their military-style raids on organic farmers and raw food stores.

In many U.S. states, it is now illegal to collect rainwater that falls on your own property.

Officials in the U.K. are preparing to hand sweeping Big Brother powers to EU states so they can spy on British citizens.

Guards and officials at a prison in northern Mexico allegedly let inmates out, lent them guns and sent them off in official vehicles to carry out drug-related killings, including the massacre of 17 people last week, federal prosecutors said yesterday.

The former Justice Department attorney who quit his job and blew the whistle on the DOJ's dealings with the New Black Panther Party claims the group is extremely anti-Semitic and pro-Islamic.

Republican former House of Representatives Speaker Newt Gingrich said on Sunday that he will decide after November's congressional elections whether he will make a run for the White House in 2012.

A sailboat largely constructed from 12,500 recycled plastic bottles docked in Sydney harbor on Monday, after four difficult months crossing the Pacific Ocean in a bid to raise awareness about the perils of plastic waste.

Almost a quarter of China's surface water remains so polluted that it is unfit even for industrial use, while less than half of total supplies are drinkable, data from China's Ministry of Environmental Protection showed on Monday.

The global wheat crop is encountering problems of biblical proportions, driving wheat prices to 13-month highs.

Since the start of the flood season in April, more than 230 rivers in China have seen water levels pass the danger mark.

It could take until Thursday or Friday to restore power to hundreds of thousands of people in the D.C. area after a violent storm downed power lines and trees and left three people dead Sunday.

According to the U.S. Geological Survey, two significant earthquakes struck the San Diego area on Sunday.

It's not your imagination - the number of earthquakes is actually increasing.

Egypt has announced the 110th discovered bird flu case in the country, saying the patient's condition is "critical".

California is experiencing what could be the largest whooping cough outbreak in more than 50 years.

In the U.K., NHS bosses have drawn up secret plans for sweeping cuts to services, with restrictions even on the most basic treatments for the sick and injured.

According to a new study released Monday by the Barna Group, only 12 percent of American adults say that faith is a top priority in their life.

One of Britain's most famous journalists and outspoken atheists, Peter Hitchens, has become a Christian.

Tagged with: