Daily News Updates

A Million Man March In Egypt

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The latest from The Most Important News….

Protesters in Egypt poured into the streets Monday for a seventh day of demonstrations, calling for a million-man march and general strike Tuesday that will place a new test on the government’s restraint.

 

Average Egyptians “armed with sticks and razors” have formed vigilante groups to protect their homes from the crazed looters that have emerged during the rioting.

Egyptian President Hosni Mubarak has agreed to discuss reform with opposition parties that are calling for his ouster, his vice president said Monday after the country’s powerful military announced it would not attack peaceful anti-government demonstrators.

Mubarak is blaming the Muslim Brotherhood opposition movement for the disorder and looting of recent days, saying that Islamists had “striven to cause chaos”.

There are rumors that Mubarak may end up fleeing to Israel.

The price of food is really starting to go up in Egypt as the riots have brought most commerce to a standstill.

Even before the riots, Egypt was the world’s biggest wheat importer.

It is being reported that ATMs all over Egypt are running out of cash.

The United States in the past last three years supported “democracy activists” who planned to overthrow the Mubarak regime, according to leaked cables quoted by the London Telegraph.

The price of almost every major commodity is increasing in response to the crisis in Egypt.

Mohamed Ghanem, one of the leaders of the Muslim Brotherhood in Egypt, is calling on Egypt to stop pumping gas to Israel and to prepare the Egyptian army for a war with it’s eastern neighbor.

Hundreds of American evacuees streamed out of Egypt aboard aircraft Monday, seeking to escape the continued unrest across the country.

A federal judge in Florida has struck down Barack Obama’s health care law, saying that it is invalidated by the requirement that nearly all Americans buy health insurance.

German Chancellor Angela Merkel is to propose a “pact for competitiveness” to the member states of the euro zone in a bid to get countries to harmonize their policies. The plan, which is intended to calm the financial markets’ fears about the euro, would introduce a kind of economic government in the euro zone that goes far beyond what has so far been agreed.

At the moment, approximately 11 percent of all U.S. homes are empty.

The rate of home ownership in the United States has fallen to 1998 levels.

In spite of differences between Democrats and Republicans on reforming housing finance, both sides are backing proposals that would make mortgages more expensive and difficult to obtain.

The long-term unemployment situation in the United States continues to get even worse.

Is the Federal Reserve trying to boost U.S. stock prices?

Is the era of “cheap food” coming to an end?

The ultra-loose monetary policy of the United States is setting the stage for “a world credit war” a Chinese rating agency said on Friday, in the latest warning against soaring debt burdens in developed economies.

A United Nations study has found that America is still the world’s top producer of goods, despite the fact that the industry has shed millions of jobs over the past three decades.

Is the price of silver about to move up significantly?

Could a 3 percent drop in asset values wipe out much of Wall Street?

In the UK, nearly a million people will see their tax rates soar as the government’s austerity package kicks in this spring, potentially to as high as 83%.

The 21st century has certainly witnessed a progression towards a ‘cashless society’, but social networking giant Facebook is taking things a step further, throwing its hat into the ring with the introduction of a new compulsory monetary policy that will initially govern its share of the multi-billion dollar online games industry.

A new report from a privacy watchdog indicates that the FBI’s use of the Patriot Act and other surveillance powers may have led to as many as 40,000 violations of the law by the bureau in the years since 9/11.

The final word on usage-based internet billing in Canada came down yesterday and it’s pretty much as everyone expected: so long unlimited internet, it was good knowing you.

Apparently U.S. Senator Charles Schumer has difficulty recalling the three branches of government.

Most of its residents left, the school closed, the city government was disbanded and starting this week nearly every commercial building in Picher, Oklahoma, will be demolished.

Using 100 tons of explosives, The Geophysical Institute of Israel recently conducted a massive controlled explosion at a site in the Negev.

Residents across the Midwest and Plains states are bracing for what the National Weather Service warned could be a “historic blizzard” expected to generate a nasty brew of snow, ice and high winds until Wednesday.

A strong cyclone thrashed flood-ravaged Queensland, Australia, this week, but another storm is about to hit the highly populated north coast – and it is much bigger.

The super-volcano beneath Yellowstone National Park in Wyoming has been rising at a record rate since 2004.

A recent swarm of earthquakes has geologists keeping a close eye on Mount Saint Helens.  The USGS says 15 small quakes, mostly in the magnitude 1 range, shook the mountain over the weekend.

Are tectonic plates under Pakistan and Indonesia actually collapsing?

It seems that rather than fight for the purity of the organic ingredients they claim to cherish, Whole Foods, Stonyfield Farms, and Organic Valley have all bought into the USDA’s false claim that GE and non-GE alfalfa can coexist without contamination.

Thanks to hormones, food producers now can make a salmon that grows to market size twice as fast as normal, dairy cows that produce 15 percent more milk, and beef cows that grow 20 percent faster.

Tracy Morgan continues to make sexually suggestive comments about Sarah Palin.

Lastly, a suburban Dallas teen-ager had to take on a waitressing job to pay $637 after being ticketed for using bad language in a high school classroom.

 

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  • Mubarack is going to have two choices, stand and fight, literally, or hop in his helicopter, with his suitcases of gold and cash, and make a run to Venezuela, where Hugo will greet him with open arms and help him with his luggage…
    The Muslim brotherhood is on a roll, at the moment, they have momentum…But that could suddenly change if Mubarack got really tough and decided to pacify the population by force…The only question then is if the military will obey him…He better keep that copter warmed up, things could change rapidly..