U.S. stocks tumbled, with benchmark indexes slumping the most since February, as concern grew that Europe’s government debt crisis will spread beyond Greece. The euro slid below $1.30 for the first time in more than a year.
Experts fear it could take three months to stop oil gushing into the ocean from the leaks off America's Gulf Coast. The warning came as the looming environmental disaster claimed its first wildlife victims.
As oil seeps into the environmentally and economically critical Gulf of Mexico following an explosion on a rig there two weeks ago, some groups are saying this catastrophe should mark the end of offshore drilling for oil - and be a "clarion call" for moving away from fossil fuels. And some in Washington are beginning to listen. Instead of "doubling down" on fossil fuels, the U.S. should be pursuing a green economy, said U.S. Senator Bob Menendez of New Jersey, speaking outside the U.S. Capitol building Tuesday. "Now we should all know that offshore drilling is not too safe to fail and never has been."
Attempting to enter the U.S. at the Niagara Falls border, the couple were asked where they were going, to which they responded the Niagara Falls shopping mall. When the immigration official bizarrely demanded to know what shops they were planning to visit, the situation quickly worsened. After daring to ask why they were being bombarded with such ridiculous questions, they were told to exit their car and are taken inside for further interrogation by another official. When the Canadian man rhetorically asks, “what are you gonna do, shoot me” the officials claim he is threatening them before he is arrested.
After voting for three consecutive days to block financial reform legislation from reaching the floor, Senate Republicans finally relented last week and agreed to allow floor deliberations to begin.
It sounds like a Hollywood movie. An impending disaster -- think the disabled spacecraft in "Apollo 13" or the asteroid hurtling toward Earth in "Armageddon" -- prompts a daring intervention by engineers to save the day. This time, the threat is oil gushing from a broken well on the bottom of the Gulf of Mexico that could destroy livelihoods and irreplaceable coastal wetlands. Equally real is the attempted engineering marvel -- a four-story metal container that will be lowered onto the leaking pipe to try to suck in the flowing oil.
As the massive spill caused by the April 20 explosion on a BP oil rig south of Louisiana expands eastward along the Gulf Coast, devastating the region’s economy and environment, US president Barack Obama is seeking to deflect popular anger at the administration’s response. The spill was caused by a blowout and subsequent failure of a mechanism to seal the well one mile beneath the water’s surface. It has pumped millions of gallons of heavy crude oil into the Gulf of Mexico—with no indication that the hemorrhaging can be stopped soon. Eleven workers died in the blast.
About two hundred mourners attended the funeral Monday of Karl Kleppinger, a 38-year-old worker killed in the Deepwater Horizon Explosion, the deadliest US maritime disaster in decades. The explosion killed 11 men and has produced an ongoing environmental catastrophe.
VENICE, Louisiana - Winds pushed a giant slick towards fragile wetlands on the United States coast Tuesday as efforts intensified to bottle up a ruptured oil well causing the growing environmental disaster. Beleaguered energy giant BP said it had prepared the first of three giant domes to collect oil gushing into the Gulf of Mexico and channel it into a waiting tanker. But a political tempest spread across the US, with California Governor Arnold Schwarzenegger backing away from a contentious proposal to drill for oil off the state's southern coast.
Shares in BP fell nearly 5% this morning after the company warned that the cost of tackling the disastrous oil spill in the Gulf of Mexico now exceeds $6m (£4m) per day, and will keep rising as it intensifies its efforts to deal with the accident.
• Concerns €110bn bailout will not be enough • NYSE 200 points lower; FTSE 100 down 2.5% • Spain's stock market falls 5%; Germany 2% Global stock markets have fallen sharply on fears that the proposed €110bn (£95bn) rescue package hammered out over the weekend for Greece will not be enough to solve its financial crisis, as well as concern that the problems could spread to other European countries.
British Petroleum's (BP) troubles are not just limited to its Gulf of Mexico operations, where a deadly blast aboard a drilling rig two weeks ago ruptured an oil well 5,000 feet below the sea's surface and triggered a massive oil leak that is now the size of a small country.
More than 80% of U.S. school districts are expected to eliminate jobs and more than half will likely freeze hiring during the upcoming school year, an education organization said Tuesday. Based on a survey of school administrators from 49 states, a total of 275,000 education jobs are expected to be cut in 2011, according to the American Association of School Administrators.
Israeli soldiers invaded an area in Rafah, in the southern part of the Gaza Strip, leveled the Al Dahniyya mosque and uprooted farmlands on Tuesday at dawn. Local sources reported that the mosque was leveled to the ground after several armored military vehicles and bulldozers invaded Rafah.
Nine members of a Christian militia group accused of plotting to kill police and wage war on the U.S. government were ordered freed on bond on Monday by a judge who said prosecutors failed to show they posed a real threat. In a blistering attack, U.S. District Court Judge Victoria Roberts in Detroit said prosecutors had failed to persuade her the defendants were a danger to the community.
It's buried as Point 31 in a working paper being circulated by Egypt and other nonaligned parties at the Non-Proliferation Treaty review conference in New York: a pledge by countries signing the treaty that they will not permit the transfer of any nuclear-related equipment, information, materials or "know-how" to Israel as long as that country refuses to sign the NPT or put its nuclear facilities under safeguards of the International Atomic Energy Agency.
Goldman Sachs used to be the firm that pursued top government posts; now government is in hot pursuit of it, and not in a good way. The SEC has charged the firm and an employee, Fabrice Tourre, with securities fraud and the Justice Department has commenced a criminal investigation, according to news reports.
22 children under the age of five and 15 children below the age of one die every hour. And every 30 minutes, a mother dies during childbirth. These statistics were announced by Dr. Suraya Dalil, Deputy Minister for Policy and Planning and Acting Minister of Ministry of Public Health (MoPH) in a press conference in Kabul with Dr. Eric Laroche, Assistant Director-General Health Action in Crises, World Health Organization (WHO).
"From the bosom of the devastated Earth, a voice goes up with our own. It says ’Disarm!’ ’Disarm!’ The sword of murder is not the balance of justice." —Julia Ward Howe, Mother’s Day Declaration, 1872. In the past industrial century, human beings have been pushed toward social desperation and killing on a massive, previously unimaginable scale, nowhere more profoundly than in the colonial "superpower" nation USA. So much so that we are now programmed to accept global warfare as our normal course of events, reinforced with daily doses of heroic, patriotic propaganda to justify the consequences and human cost.
Forty years ago National Guard troops in the US state of Ohio fired on students who were protesting against the Vietnam war at Kent State university. Four students were killed that day, piercing the conscience of people across the country. It became a defining moment for the US anti-war movement.
Despite Prince's attempts to shield his speeches from public scrutiny, The Nation magazine has obtained an audio recording of a recent, private speech delivered by Prince to a friendly audience. The speech, which Prince attempted to keep from public consumption, provides a stunning glimpse into his views and future plans and reveals details of previously undisclosed activities of Blackwater. The people of the United States have a right to media coverage of events featuring the owner of a company that generates 90% of its revenue from the United States government.
We are approaching a decade of war in Afghanistan, and the war in Iraq is in its eighth year. Hundreds of thousands of Iraqis and thousands more Afghans and Pakistani civilians have been killed. Millions have been driven into squalid displacement and refugee camps. Thousands of our own soldiers and Marines have died or been crippled physically and psychologically. We sustain these wars, which have no real popular support, by borrowing trillions of dollars that can never be repaid, even as we close schools, states go into bankruptcy, social services are cut, our infrastructure crumbles, tens of millions of Americans are reduced to poverty, and real unemployment approaches 17 percent. Collective, suicidal inertia rolls us forward toward national insolvency and the collapse of empire. And we do not protest. The peace movement, despite the heroic efforts of a handful of groups such as Iraq Veterans Against the War, the Green Party and Code Pink, is dead. No one cares.
White House spokesman Robert Gibbs said Monday the Obama administration will "keep a boot on the throat" of BP to make sure the company stops oil from a sunken rig from pouring into the Gulf of Mexico as soon as possible.
BP says it is working on at least five possible approaches for halting the spew of oil from a damaged well deep in the Gulf of Mexico that is feeding one of the worst spills in U.S. history.
The Pentagon says the U.S. maintains 5,113 nuclear warheads in its stockpile and "several thousand" more retired nukes that await dismantling.
President Barack Obama on Monday said countries that don't renounce nuclear weapons will further isolate themselves and their countrymen from the world community. "We will see whether nations without nuclear weapons will fulfill their obligation to forsake them," Obama said in a statement as the United ...
As oil threatens the northern shores of the Gulf of Mexico, the rationalizations, dubious information and spin about the Gulf blowout flow. In insisting that the blowout at BP’s Deepwater Horizon rig should not deter off-shore oil drilling, U.S. Senator Mary Landrieu of Louisiana said on the Senate floor Friday: “I don’t believe we should retreat.”
Israel deliberately took absence from the summit as it began its month-long review of the Nuclear Non- Proliferation Treaty (NPT) at the UN headquarters in New York. While a number of foreign dignatories were expected to address the review summit, Ahmadinejad was the only head of state to deliver a speech. The Conference of Presidents of Major American Jewish Organizations had contacted ambassadors of the UN member states and placed ads in major newspapers earlier Monday urging the ambassadors to walk out when the Iranian president began to speak.
'When oil collides with wildlife, oil wins' Link to this video Jackye Carroll was walking along the beach that runs outside her home in Pass Christian, Mississippi, early this morning when she came across a curious sight. The sun had just come up and the white sand beach was looking at its most beautiful, but there, just above the gently lapping sea of the Gulf of Mexico was a grey-brown mound of flesh about two to three feet in length.
As America continues its uncontrolled flight towards disaster, Israeli-style “targeted killings” (assassinations) of alleged militants and unarmed civilians in the “Afpak theatre” are on the rise.
With each passing day, the scale of the disaster unleashed by the oil rig explosion in the Gulf of Mexico increases. Somewhere between 5,000 (the official estimate) and 25,000 (the estimate of some scientists) barrels of oil is surging into the Gulf every day. Before it is over, millions, if not tens of millions of gallons of oil will be washed up on America’s wetlands and shorelines. Eleven workers are already dead in the latest industrial disaster in the American energy industry. Now, the fishing and seafood industry along the Gulf coast may be shut down for years, perhaps even a generation. The destruction of the fragile ecosystems of the region will likely be irreparable.
A rapidly expanding oil spill caused by the explosion of BP’s Deepwater Horizon oil rig is beginning to wash ashore in Louisiana and is expected to hit Alabama and Mississippi soon, severely crippling local economies and causing untold environmental damage.
Another week of oil pouring from the seafloor. That is the best-case scenario for the Gulf Coast, where dead sea turtles washed ashore and a massive rust-colored slick continued to swell from an uncontrolled gusher spewing into the water. BP PLC was preparing a system never tried before at such depths to siphon away the geyser of crude from a blown-out well a mile under Gulf of Mexico waters. However, the plan to lower 74-ton, concrete-and-metal boxes being built to capture the oil and siphon it to a barge waiting at the surface will need at least another six to eight days to get it in place.
The European Union and the International Monetary Fund (IMF) have agreed a $146.2bn bailout package over three years to rescue Greece's indebted economy.
Oil from the wrecked Deepwater Horizon rig is feared to be gushing into the Gulf of Mexico at five times the latest estimate of the US Coastguard, according to satellite imagery studied by industry experts. The view from space indicates that the oil may be leaking at a rate of 25,000 barrels a day, dwarfing the figure of 5,000 barrels that US officials and the British oil giant BP have used in recent days.
Disturbing evidence that honeybees are in terminal decline has emerged from the United States where, for the fourth year in a row, more than a third of colonies have failed to survive the winter. The decline of the country's estimated 2.4 million beehives began in 2006, when a phenomenon dubbed colony collapse disorder (CCD) led to the disappearance of hundreds of thousands of colonies. Since then more than three million colonies in the US and billions of honeybees worldwide have died and scientists are no nearer to knowing what is causing the catastrophic fall in numbers.
More than 3,000 European Jews, including prominent intellectuals, have signed a petition speaking out against Israeli settlement policies and warning that systematic support for the Israeli government is dangerous.
Meet Don and Charlene, an all American couple who live inside a nuclear missile silo. Find out why this Nebraska pair live underground with enough supplies to survive for 3 years...
BILL MOYERS: Once upon a time, a whole lot of just plain Americans woke up to realize the economic system was working against them. They had believed in it; they worked hard to make it work for them. They knew its shortcomings but saw in it the way to a decent return for their labor and a better future for their families. Then, one day, calamity struck: The system turned on them. And they discovered that they had been betrayed, bamboozled, by the people at the top.
NEW YORK - Police found an "amateurish" but potentially powerful bomb in a smoking sport utility vehicle in Times Square, then cleared the streets of thousands of tourists milling through the landmark district so they could dismantle it, authorities said Sunday.
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