From GLOBAL NEWS: http://www.globalnews.ca/
- U.S. dollar could 'collapse': UN
UNITED NATIONS – The United Nations warned on Wednesday of a possible crisis of confidence in, and even a “collapse” of, the U.S. dollar if its value against other currencies continued to decline. In a mid-year review of the world economy, the UN economic division said such a development, stemming from the falling value of foreign dollar holdings, would imperil the global financial system. Read it on Global News: U.S. dollar could 'collapse': UN
From Website: www.SHTFplan.com
Author: Mac Slavo Date: May 26th, 2011
- Pinks Slips Coming For 450,000 State and Local Government Employees in 2012
Around 450,000 people who work for U.S. states, counties, cities, towns and villages could get pink slips in fiscal 2012, sharply up from the 300,000 positions shed this year, a report said on Monday.
From Voice of Russia: http://english.ruvr.ru/
Athens is ready to stop using the euro and go back to the drachma. This was announced by European Commissioner for Greece Maria Damanaki. An official message placed on her web site on the 25th of May reads that “the scenario of Greece being distanced from the euro is now on the table”.
Announcer: There is every reason for Brussels to be seriously alarmed on hearing such declarations. Greece’s departure from the euro zone would not only hit the euro and the economies of the countries for which it is the national currency but also seriously damage the EU’s political reputation.
Norway's Frontline, which operates the world's largest oil tanker fleet, announced an 81-percent decline in net income for the first quarter compared to last year. Returns on very large crude carriers reached $177,036 a day in July 2008, but have fallen to $8,900, according to Businessweek.
From Voice of America News:
Several strong explosions have shaken Tripoli early Tuesday as NATO warplanes repeatedly bombed targets around the Libyan capital. Correspondents on the scene describe it as one of the most intense series of airstrikes since NATO's air campaign against the forces of Libyan leader Moammar Gadhafi began. More than a dozen explosions were heard in the first hour of the raids.
From Global Post: http://www.globalpost.com
According to Pakistani intelligence sources, more than 2,200 people have been killed in drone attacks since 2004. It's hard to know how many of those deaths have been civilians. But even by the most conservative estimates, about 50 percent of the casualties are thought to have been civilians.
- From MSNBC: Suicide truck bomb kills at least 32 in Pakistan
PESHAWAR, Pakistan — A suicide bomber in a pickup truck detonated his explosives near several government offices in northwest Pakistan on Thursday, killing at least 32 people, in the latest violence to hit the country since the U.S. raid that killed Osama bin Laden.
From: The Independent UK: http://www.independent.co.uk
Israel's prime minister, Benjamin Netanyahu, wrapped up a rocky visit to Washington yesterday with a defiant speech to US Congress that appeared to dash any hopes of reviving stalled peace talks with the Palestinians. Nabil Shaath, a spokesman for the Palestinian President Mahmoud Abbas, said Mr Netanyahu's speech was "a declaration of war against the Palestinians... and unfortunately, it received a standing ovation".
From Voice of Russia: http://english.ruvr.ru/
Deputy Director at the Russian Institute for Nuclear Engineering, Chernobyl clean-up worker Igor Ostretsov commented on the situation in an interview with the VOR…
"The Fukushima disaster has proved that nuclear industry should be controlled only by the state and not by private companies. The outcome of this tragedy has turned even worse than it was in Chernobyl. Graphite which was part of the reactor`s core, burnt out and vanished in the atmosphere. But at Fukushima the reactor`s core melted."
From ENERGY NEWS: www.enenews.com
Super Typhoon Songda ripped across the western Pacific on Thursday, dropping heavy rain on the Philippines and threatening Okinawa and the Japanese main islands with rain and damaging winds into the weekend. Songda was a Category 5 storm late Thursday, with maximum sustained winds of 161 mph and gusts of 195 mph, according to the Joint Typhoon Warning Center in Pearl Harbor, Hawaii. The storm was producing wave heights of 38 feet in the Pacific, forecasters said. The forecast track for Songda put it over Okinawa on Saturday night as a Category 2 storm, with maximum sustained winds of 109 mph and gusts up 132 mph.
From Freaky Weather: http://www.freakyweather.com
Drought on China's Yangtze river has led to historically low water levels that have forced authorities to halt shipping on the nation's longest waterway, the government and media said Thursday. The water level along the lower reaches of the river near the city of Wuhan was just above three metres (10 feet) on Thursday, the Chang Jiang Waterway Bureau said on its website. A day earlier, the bureau closed a 228-kilometre (140-mile) stretch above Wuhan to ocean-going vessels due to shallow water in an effort to prevent the ships from bottoming out.
Further up the river, the massive Three Gorges Dam, the world's biggest hydroelectric project, has discharged more water to alleviate the drought conditions down river, state press reported. It was not immediately clear if the measures would be effective, as the drought along the middle reaches has sent water levels to their lowest point in five decades, the China Daily said. The 6,300-kilometre Yangtze is China's longest waterway and is indispensable to the economies of many cities along its route.
From CBC Canada: http://www.cbc.ca/news
Holes as deep as five metres appeared in green fields and driveways. Engineers and geologists are examining dozens of deep holes that appeared in the ground in Quebec City's north end this week, as residents are being urged to leave their homes for safer locations. City officials served evacuation papers Wednesday to about 15 homes and one business in Quebec City's Charlesbourg district, where nearly 40 holes have been reported.
It amazes me how most of the world goes about life with ‘Business as usual’ attitude in what has been a remarkably devastating year so far in 2011. If a disaster is not on their doorstep, people believe it will never arrive there and make no preparations whatsoever! However I firmly believe that what we have seen so far in 2011 is but an appetizer, the main course has yet to be served, and when it is it will take the world by storm – literally. Hollywood fiction such as ‘Day After Tomorrow’ and ‘2012’ is about to become reality all around the world and it all but certain that not one person on earth will have a ‘Business as usual’ attitude any longer.