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Sunday, June 26, 2011

Breaking News June 26, 2011


The House of Representatives of the U.S. Congress voted down on Friday a resolution giving President Barack Obama the authority to order military action in Libya. Lawmakers rejected the resolution by a vote of 295 to 123. But the House on Friday also voted down a Republican bid to halt funding for the conflict.

The U.S. Meteorological Service retracted a tsunami warning after a 7.4-magnitude earthquake struck off the coast of Atka Island in Alaska. A tsunami warning was issued for the Alaskan coast and the Pacific Northwest of the United States and Canada and was in effect for approximately one hour.
A state of emergency has been declared in Russia's southeastern Astrakhan region where locusts are swarming through farmlands, devouring crops, the local branch of the emergencies ministry said on Sunday. More than 8,000 hectares of land have been affected by the swarms. The emergencies ministry seeks to tackle the locusts. So far, 265 hectares of land have been treated with pesticides.

Russia and China will switch to trade in rubles and yuan to boost bilateral trade and economic cooperation, following an agreement signed between the central banks of both countries, Russian Central Bank Deputy Chairman Viktor Melnikov said on Thursday. ...
Geneva Bank for International Settlements (BIS), the watchdog for central banks, today warned nations like India and China, where debt is fuelling huge gains in property prices and consumption, that they were running the risk of building up the imbalances that now plague the advanced economies...The report also cautioned of global financial mayhem and devastation if investors flee from the sovereign debt of a "major economy" underscoring the need to address "over indebtedness" on a war footing.

DEBT IS NOT PROSPERITY - DEBT IS SLAVERY! Because people can buy a car with a loan or a house with a huge mortgage, they begin to believe that they are rich and prosperous. The whole world today functions on DEBT that must keep increasing or the system blows up. But just like a hot air balloon can be pumped only so much to make it fly higher before it blows up; so too are debt based economies. The question is not if the world economy is going to blow up, the question is when will it blow up completely, and change the world in ways that we cannot even begin to imagine at present, none for the better!

MORTGAGE MEANING: [Middle English morgage, from Old French : mort, dead (from Vulgar Latin *mortus, from Latin mortuus, past participle of mor, to die; see mer- in Indo-European roots) + gage, pledge (of Germanic origin).]

MORTGAGE literally means the Pledge of Death, signing your life away on the dotted line is not too far off the mark of the true meaning of this word.
 Olpad is a city in Central India /  The situation continues to deteriorate in Olpad town where water has been overflowing from wells and borewells for the last few days. Now the water is flowing out of houses situated on the ground floor after seeping through cracks in the floor. This has been happening in many localities of the town but the district administration seems clueless about the reason.. 

    A MASSIVE sink hole is swallowing up the beach at Inskip, north of Tin Can Bay.
    Campers have told The Courier-Mail the hole, which appeared about 11am, could be up to 100 feet deep. Camper Shane Hillhouse said four-wheel-drives had been travelling along the popular stretch of sand, near Inskip Peninsula, shortly before the hole appeared. ``This has the potential to take the tip of Inskip Point with it – this is huge and on a scale I’ve never seen before,’’ he said. ``People are bringing chairs and sitting back to watch it in awe. ``This is absolutely amazing – it’s almost at the tree line now.’’
    Mr Hillhouse said the sink hole had expanded dramatically since 11am.       
    ``It’s three times bigger than it was an hour ago,’’ he said. ``Chunks are falling out of the beach into nowhere. Where is the sand going? It’s just incredible.’’ Another camper said sand was dropping 150m into the ocean, although the depth of the hole is unknown. VIDEO

    NEW DELHI: Opposition parties on Saturday protested the hike in the prices of diesel, kerosene and cooking gas. Demanding its rollback, the parties charged the Congress-led UPA government with dealing a blow to the common man in whose name it came to power.
    Street protests erupted in various parts of the country and supporters of the Bharatiya Janata Party and other parties raised slogans demanding a rollback. Demonstrations were held in Orissa, Lucknow, Noida, Jammu and Srinagar, among other places.
      The sick geese appear to have problems controlling their muscles, with many struggling to walk and others laying their heads on their backs, said Dave Sherman, a biologist at the Crane Creek Wildlife Research Station operated by the Ohio Department of Natural Resources.....
      A few of the birds have lost control of their muscles while flying and dropped out of the sky, he said.
      "If they're able to stand, they just act like they're sort of out of it," Sherman said. "If they're in the water, they'll flop around a little bit."

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