The White House expects the national budget deficit to peak at $1.65 trillion this year, or roughly 10.9% of GDP—its highest level since World War II, the Wall Street Journal reports. That figure—which is significantly more pessimistic than the Congressional Budget Office’s $1.48 trillion estimate—…
Continue reading …Ron Paul won the CPAC straw poll for the second year straight, but that doesn’t make him a CPAC winner. Chris Cillizza runs down his take on the winners and losers coming out of this year’s Conservative Political Action Conference for the Washington Post , and there are a few surprises:…
Continue reading …Image Credit Guildwood Village Under cover of a Friday afternoon and an Egyptian revolution, “Best of Green” Premier Dalton McGuinty of Ontario quietly pulled the plug on offshore wind projects, including a proposal five kilometers off Toronto’s Scarborough Bluffs. “This decision was based on science, or a lack of science. When it comes to freshwater offshore wind there’s only one project,” said Minister of Energy, and Scarborough Centre MPP, Brad Duguid. Righ… Read the full story on TreeHugger
Continue reading …Photo by tauntingpanda via Flickr Creative Commons The mining industry requires significant amounts of water, and the water used becomes polluted with toxins including arsenic, mercury and sulfates. Typically, the water is cleaned with microbes which do their job by adding or removing electrons from the soup, but they need to be supplemented with chemical additives. But a new process could change that, feeding microbes with electric charges instead, and cutting the need for chemicals by half, or possibly even more. … Read the full story on TreeHugger
Continue reading …Woo! Developers! Yeah! Synergy! Steve Ballmer is sure to bring his characteristic enthusiasm to another MWC keynote, though this one should be quite a bit different from the same presentation this time last year . Microsoft is no longer just talking about Windows Phone 7, it’s shipping it all around the world, and now it has a major new partner in the form of the world’s foremost smartphone seller, Nokia. Stephen Elop might still be around central Barcelona and drop by for a chat, but we suspect Microsoft will have some more goodies up its sleeve. Join us after the break as we liveblog every second of it. Live from Steve Ballmer’s MWC 2011 keynote! originally appeared on Engadget on Mon, 14 Feb 2011 09:43:00 EDT. Please see our terms for use of feeds . Permalink
Continue reading …From high drama to gold sparkles and shades of blue, AP reporter Natalie Rotman checks out the Grammy fashion. (Feb. 13)
Continue reading …Keine Haftung trotz Milliardenschuld The Oprah Episode Jenny Downtown LB Bobbys Corner-Open Market-Feb.14.2011 | Forex News and Commentary … Good Morning: The Euro had a difficult overnight session. Concerns over the fate of German bank West LB , along with the resignation of Bundesbank. European Market Update | forex info However the mood quickly changed as concerns over the rescue plan for West LB emerge with chatter that German regulator BAFIN was now involved in high level talks for the first time and that German savings banks were so far blocking … InvertirOL.com – Invertir OnLine – West LB : Alemania busca una … Toda la información sobre Bolsa, Forex, Inmobiliarias y Finanzas en una sóla página. Un portal financiero para todo el mundo. European Market Update | Daily Forex News Risk appetite entered the European session on a high note amid speculation of relatively benign inflation data that could come out of China on Tuesday. However the mood quickly changed as concerns over the rescue plan for West LB emerge … » Forex: Euro falls to 3 week low as stop losses are triggered … Analysts say that numerous stop losses had been triggered below the previously seen support level of 1.3500 as market talk of a rescue plan for German Bank West LB came out as still to be decided, which further added to the recent … MangoldEquities says: A large number of downgrades for Nokia today. JP Morgan, HSBC, Swedbank & West LB recommends underweight. The share trades 3 % lower.
Continue reading …Brian Merchant already reported on WikiLeaks revelations about Saudi Oil reserves being overstated by 40 , a claim that could mean that Peak Oil would be upon us as early as 2012. Now Jeremy Leggett over at The Guardian is also raising the alarm, arguing that unless we address this issue now, we could be facing a threat much worse than any credit crunch. “Peak oil is not a theory.” says Leggett. “Because oil is a finite resource, it is an inevitability.” Here, here…. Read the full story on TreeHugger
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