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$1 Trillion

About $1 trillion was erased from American equity markets between the S& P 500’s peak on April 29 and yesterday amid weaker-than-expected economic reports. Equities slumped as sales of existing homes unexpectedly declined, growth in industrial production stopped and the unemployment rate rose. Federal Reserve Chairman Ben S. Bernanke said this week that the U.S. recovery was “frustratingly slow.”

Global stocks fell today after China reported a less-than- estimated $13.1 billion trade surplus in May, as surging imports signaled the nation’s demand may support global growth while adding pressure for higher interest rates.

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10-Jun-2011 21:10

Others / Asean/Japan Quake n nuclear crisis apocalyptic..?

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In the wake of Japan Quake and nuclear crisis...Asean must wake up to apocalyptic gamble.

Mulling over to built one here?, when nuclear accident strike us. S'pore, plus all surrounding will perishable, liable to perish subject to destruction or death or decay 'this minute and perishable 'perishable foods such as avocating a slow death on those unborn and newly born babies, whether we creature live on land and or under the sea. Note - Japan is well aware of...* radioactivity could enter food chain, water and children at risk

http://www.naturalnews.com/032659_arsenic_chicken.html (those who's keen to read - on food consumed)

After 60 years of sweeping the issue under the rug and hoping no one would notice. FDA has now finally admitted that chicken meat sold in the USA contains arsenic, a cancer-causing toxic chemical that's fatal in high doses. But the real story is where this arsenic comes from: It's added to the chicken feed on purpose!

Even worse, FDA says its own research shows, the arsenic added to chicken feed ends up in the chicken meat where it is consumed by humans. So for last sixty (60) years, American consumers who eat conventional chicken have been swallowing arsenic, a known cancer-causing chemical.(http://www.phillyburbs.com/news/loc...)

Until this new study, poultry industry and FDA denied that arsenic fed to chickens ended up in their meat. The fairytale excuse story we've all been fed for sixty years is " the arsenic is excreted in the chicken feces." There's no scientific basis for making such a claim...it's just what the poultry industry wanted everybody to believe.

But now. Evidence is so undeniable that the manufacturer of the chicken feed product known as Roxarsone has decided to pull the product off the shelves (http://www.grist.org/food-safety/20...). And what's the name of this manufacturer that has been putting arsenic in the chicken feed for all these years? Pfizer, of course -- the very same company that makes vaccines containing chemical adjuvants that are injected into children.

Technically, company making - Roxarsone chicken feed is a subsidiary of Pfizer, called Alpharma LLC. Even though Alpharma now has agreed to pull this toxic feed chemical off the shelves in the United States, it says it won't necessarily remove it from feed products in other countries unless it is forced by regulators to do so.

As reported by AP:

teeth53 ( Date: 07-Apr-2011 23:31) Posted:

that right...currently DOW is (Skid) intial down by 100 pt, now oni 50 pt.

This 7.4 earth quake is not strong to de-rail, unlike the last one on scale of 9.0

timqoo ( Date: 07-Apr-2011 23:17) Posted:

so near fukushima...the world will be watching the reactors.

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10-Jun-2011 20:50

Others / Asean/Japan Quake n nuclear crisis apocalyptic..?

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http://www.youtube.com/watch?v=Ua0Ge-twQsE& feature=related

Fukushima Groundwater MASSIVELY Contaminated (May 6th),

so is sea and the ocean water who fishes dependent on.....

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10-Jun-2011 20:45

Others / Asean/Japan Quake n nuclear crisis apocalyptic..?

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Been invited. LKY said it safe. teeth53 thot: Why we, we need to secure unclear free Asean.

Learn more: http://www.naturalnews.com/032657_Fukushima_meltdown.html#ixzz1OsNgwSex

Recent reports confirming that Reactors 1, 2, and 3 of the Fukushima Daiichi nuclear facility completely melted just hours after the devastating earthquake and tsunami hit the area on March 11 (http://www.naturalnews.com/032537_F...) have been trumped by even worse news that those same reactors have all likely " melted through," a situation that according to Japan's Daily Yomiuri DY is " the worst possibility in a nuclear accident."

And senior political official Ichiro Ozawa suggested in an interview with The Wall Street Journal (WSJ) that the Fukushima situation could make the entire country of Japan " unlivable."

A nuclear core meltdown involves nuclear fuel exceeding its melting point to the point where it damages the core, leaks out, and threatens to potentially release high levels of radiation into the environment. However, a nuclear melt-through is an even worse scenario, as nuclear fuel literally melts through the bottom of damaged reactor pressure vessels into out containment vessels -- and possibly even melts through those outer vessels directly into ground, air, and water.

The report suggesting that melt-throughs have already occurred, which is set to be submitted to the International Atomic Energy Agency (IAEA), is the " first official recognition" of this dire situation, according to DY. It also confirms early suspicions that such a scenario had been underway all along, as later reports confirmed that the epic disaster at the reactors had produced holes in come of the plant's core containment vessels, and that radioactive water, and possibly even fuel, were leaking into the lower vessels.

IAEA already stated. Fukushima disaster is at least as bad as Chernobyl disaster (http://www.theatlanticwire.com/glob) this new info now suggests that it is probably even worse. This time, it is unknown whether the fuel that has accumulated in the outer containment vessels has seeped outside, where it has the potential to contaminate groundwater supplies and wreak widespread environmental damage.

In interview conducted prior to release of new report, Ichiro Ozawa told the WSJ that areas around Fukushima were already becoming completely " uninhabitable." He also suggested that as it currently stands, much of the rest of the country, including Tokyo, could suffer the same fate if nothing is done to properly and effectively contain the situation.
but

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10-Jun-2011 09:24

Insider Info/Tips / Egyptian Bear Is Here ....

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http://english.aljazeera.net/indepth/features/2011/05/201153185927813389.html

Hamza's mutilated, castrated corpse was riddled with bullet holes and burn marks [YouTube/SFP]

Tortured and killed: Hamza al-Khateeb, age 13

The mutilation and death in custody of a 13-year-old child has sparked further furious protests in Syrian city of Daraa. Hamza's mutilated, castrated corpse was riddled with bullet holes and burn marks [YouTube/SFP]

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10-Jun-2011 01:00

Insider Info/Tips / Egyptian Bear Is Here ....

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teeth53: Real politic battle, err...civil war is shaping and sharpening in Arabic world.

The Shia movement - which operates democratically in a democratic Lebanon - employs as much realpolitik as anyone else in its domestic and foreign affairs. Oftentimes that means staying quiet and withholding public support when allies behave brutally.

http://english.aljazeera.net/indepth/opinion/2011/06/201161154932651488.html

Hamza al-Khateeb was kidnapped from the streets of Saida in Syria on April 29th. The boy was attending an anti-regime demonstration when he was seized by members of Bashar al-Assad's secret terror squad. Nearly a month later, on May 24, his family received his mutilated corpse. He was tortured to death.

Here is how Al Jazeera English described the child's brutalised body:................................

I read the above lines and failed to comprehend the totality of the horror and violence perpetrated against Hamza. Gradually, a picture began to form in my mind. Here was a child, torn from his family and plunged into the darkest recesses of Assad's despotic state. Grown men - adults - separated him from everything sacred to him his mother, his father, his home and routine.

I try to imagine his blinding terror - the kind that arrests your heart and mind - at the first jolting blows to his face. I picture his savage beating and the implements of violence burning into his flesh. Can a child understand the blackness that infests the hearts of men? Was Hamza aware he could die? I pray he lost consciousness.

Visual diary shows Libyan soldier at war

New video gives insight into reality of war from perspective of government troops.

http://english.aljazeera.net/video/africa/2011/06/20116910501345686.html

New video gives insight into reality of war from perspective of government troops. And.....

http://english.aljazeera.net/video/africa/2011/06/20116974013548429.html

Opposition fighters say they are making gains in Libya, with very limited weaponry and no outside help.

Visual diary shows Libyan soldier at war

New video gives insight into reality of war from perspective of government troops.

[He had] lacerations, bruises and burns to his feet, elbows, face and knees, consistent with the use of electric shock devices and of being whipped with cable [...] Hamza's eyes were swollen and black and there were identical bullet wounds where he had apparently been shot through both arms, the bullets tearing a hole in his sides and lodging in his belly. On Hamza's chest was a deep, dark burn mark. His neck was broken and his penis cut off.

teeth53 ( Date: 23-Apr-2011 14:31) Posted:

http://english.aljazeera.net/indepth/features/2011/04/201141885827731124.html

Commander Tahar Mohammed, (a clothes trader in peacetime), now leads 'Grand Lion' battalion" are running an operation to clear out snipers from part of Tripoli St and had recaptured a section of it Street that was previously under control by Gaddafi forces. " We pushed them back 500 metres in four hours," Their intention is to clear the area, building by building, street by street and are enjoying laudable success.

They now control 60km of Tripoli St, the areas closer to town have also been secured. Mohammed explains.

Earlier. The rebels had sprung a multi-pronged attack: Firing heavy machine guns, rocket propelled grenades and had cornered the snipers into one building. " We asked the snipers to surrender: They didn't, so we shot them. We killed eight and captured one," says fighter Sahah Mohammed Khalil.

Khalil's head is bandaged with a bloody patch where he took a piece of shrapnel. " The snipers have rocket propelled grenades, rifles and grenades. When one got scared, the sniper threw a hand grenade," he says.

Gaddafi has better weapons, but our morale is higher, say the rebels. " Gaddafi has the bravery of a bird, his people don't want to fight," Mohammed adds.

In a Misurata medical clinic lays one of Gaddafi's fighters. A 19-year-old boy, who does not want his identity revealed, was a student of electrical engineering in Tripoli. When the fighting started and his lessons were cancelled he says he was forced to join Gaddafi's troops.

" We were kept locked inside camp, trained for 2 wks and they took us to Misurata," he explains.

Told only. We are fighting foreign mercenaries, he recounts. When they came under heavy fire from the rebels, their officer turned and ran. The boy followed and says his own brigade soldier shot him.

" Clear instructions - nobody should go back as I lay on the ground bleeding for one-and-a-half hours," he says.

Breaking into tears, he adds: " I haven't seen my family in more than a month."

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08-Jun-2011 23:57

Others / Aug 2, US-living on borrow time from debt disaster

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http://www.americaneconomicalert.org/news_item.asp?NID=1990998

Republicans flirt with brief U.S. debt default

http://www.americaneconomicalert.org/news_item.asp?NID=1990998

Moody's sounds alarm over US debt limit, deficits

teeth53 ( Date: 08-Jun-2011 23:44) Posted:

August 2, 2011 date. Isit worth taking a look back at the last time a political fight nearly ended in default?.

Republicans flirt with brief U.S. debt default

An idea once confined to the fringe of the Republican party is seeping into its mainstream - that a brief default might be an acceptable price to pay if it forces the White House to deal with runaway spending. Full Article

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08-Jun-2011 23:44

Others / Aug 2, US-living on borrow time from debt disaster

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August 2, 2011 date. Isit worth taking a look back at the last time a political fight nearly ended in default?.

Republicans flirt with brief U.S. debt default

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07-Jun-2011 23:46

Others / Aug 2, US-living on borrow time from debt disaster

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Former Treasury Secretary Robert Rubin and other former Clinton administration officials reflect on the last time Washington was divided over a debt ceiling debate, and why this time it's different.

By Tory Newmyer, writer

FORTUNE -- Here's the scene from 1995: A default on the federal debt is looming young, newly-empowered Republicans on Capitol Hill are looking to use that threat as leverage to push their budget proposal a Democratic White House is straining against their demands for major reforms in the name of deficit reduction and the Treasury Secretary is broadcasting calm to keep the markets from spooking while trying, simultaneously, to impress the doomsday consequences of a default.

Sound familiar? That was the last time the United States seriously flirted with a debt ceiling collapse. The scenario, of course, is replaying now, as policymakers brace for the next installment of a partisan showdown over the size and scope of government. The feds are on track to reach their $14.29 trillion borrowing limit in mid-May, and the Obama administration says juggling accounts can only buy time until July 8. After that date, the government will default on its debt -- a nightmare event that would gut investor confidence in U.S. bonds, send our borrowing costs soaring, and in all likelihood, precipitate another global financial meltdown.

For mths, the White House has been working behind the scenes to avert that outcome by lobbying for a simple, so-called " clean" hike of the debt ceiling. But Congressional Republicans are intent on demanding that any raise come with at least some of their deficit-cutting priorities. With mkt watchers nervously tracking the face-off as the clock winds down.

Largely forgotten now. Starting in the spring of 1995, that standoff on the debt limit actually framed what would become a much noisier fight over a govt shutdown, then-House Speaker Newt Gingrich (R-Ga.) and his allies in the new GOP majority were plotting to use a vote on the debt ceiling to force then President Bill Clinton to adopt their seven-year balanced-budget plan.

The issue had prompted partisan skirmishes over the years, but what appeared to distinguish this round was that Gingrich and others in the GOP were actually threatening to follow through and force the nation's first-ever default if the White House didn't agree to its terms.

http://finance.fortune.cnn.com/2011/04/25/what-would-clinton-do/ (For more info - pls click)

Isit worth taking a look back at the last time a political fight nearly ended in default?.

Defaulting on BOND in unthinkable, it debt now stood at US$14.29 trillion (S$17.6 trillion) a click away which can plunging U.S. into it ever worst finance disaster again.

teeth53 ( Date: 22-May-2011 13:14) Posted:

In my own opionion...so long debt is balance off (debt versus nation reserve), rather then do a trade off, and is managable. Our credit rating is AAA.

Nov 24, 2009 (News) $320b the new limit for SG govt borrowings, The govt will be able to issue more securities like bonds, after Parliament approved raising the limit of its borrowings from $250 billion to $320 billion. (We too is living on debt)

teeth53 thot: Aug 2, US-living on borrow time from debt disaster --

A note for U.S. policy to hang on...U.S. policymakers will raise the level of debt the 75th time....

Defaulting on BOND in unthinkable, it debt now stood at US$14.29 trillion (S$17.6 trillion) a click away which can plunging U.S. into it ever worst finance disaster again.

How many times has the ceiling been raised? Since March 1962, the debt ceiling has been raised 74 times, according to the Congressional Research Service. Ten of those times have occurred since 2001. Expect more of the same over the next decade. Barring major changes to spending and tax policies, " Congress would repeatedly face demands to raise the debt limit," CRS wrote.

What happens if Congress doesn't raise the debt ceiling before Aug. 2? No one knows for sure. But the going assumption is that no good can come of it.

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07-Jun-2011 23:23

Others / Asean/Japan Quake n nuclear crisis apocalyptic..?

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Japan has not been truthful enough to tell us and keep saying it safe.

Japan doubles plant radiation leak estimate
Published: 7 Jun 2011 1310 hrs

Japan has more than doubled its initial estimate of radiation released from the crippled Fukushima nuclear plant in the week after the March 11 tsunami, ahead of the launch of an official probe Tuesday.

The nation's watchdog, the Nuclear and Industrial Safety Agency (NISA), now says it believes 770,000 terabecquerels escaped into the atmosphere in the first week -- compared to its earlier estimate of 370,000 terabecquerels.

The findings were released on the eve of the first meeting Tuesday of an independent 10-member academic and expert panel that will look into the causes of the world's worst nuclear accident since Chernobyl a quarter-century ago.

The group's leader, a Tokyo University researcher on human error, Yotaro Hatamura, said at the meeting that " nuclear power has higher energy density and is dangerous. It was a mistake to consider it safe" .

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01-Jun-2011 19:55

Dyna-Mac / Since ipo @0.35c stake holder forum

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After two day of selling...!!! today (Wed) June 1, 2011. Another action day...It Closed on Volume of 13,762,000 share changed hands

Last done:0.555

-0.030 cents or down by 5.1%

Time	Last	Volume	Bid/Ask
17:05:02	0.555	1,525,000	B

teeth53 ( Date: 29-Apr-2011 21:30) Posted:

Got profit, do take some and leave some for others. Sad to notice that it is in depreciated play.

teeth53 ( Date: 16-Apr-2011 18:22) Posted:

Dependant counter, depreciated play and derive strategy :(

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31-May-2011 22:26

Otto Marine / OtTo MaRiNe

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31-05-2011 21:16:23
OTTO MARINE LIMITED (Miscellaneous :: Cancellation Of Order H7048) < OTTO.SI>

Otto_Marine_Limited_Announcement_Cancellation_Orderr_H7048_31_May_2011.pdf

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30-May-2011 22:40

Others / Asean/Japan Quake n nuclear crisis apocalyptic..?

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http://www.themalaysianinsider.com/malaysia/article/kuantan-mp-putrajaya-selling-out-people-for-lynas-funds/

The Malaysian Insider reported today that Lynas was asked to pay the govt a “certain percentage” from its annual gross profit to undertake research and development on the management and disposal of radioactive waste or pay financial security.

Lynas expects no delay to its plans to begin operations in Sept as it maintains the plant is safe. It is anticipating a windfall of RM8 billion a year from 2013 onwards from the rare earth metals processing.

* On Asian Rare Earth (ARE) plant in Perak - linked to birth defects and at least eight cases of leukaemia in the past five years, seven of which were fatal.

Source stressed: Atomic Energy Licensing Board (AELB) and not Mida or Miti had asked for security, payments should not construed as indemnity against potentially hazardous waste that may result from processing rare earths at the Lynas Advanced Materials Plant (LAMP) in Gebeng, Pahang.

Gebeng is a small town and main industrial area in Kuantan, Pahang, Malaysia. The town is located near Kuantan Port. The phase 1 of the East Coast Expressway leads to Gebeng.

http://www.maplandia.com/malaysia/pahang/gebeng/

In this May 27, 2011 photo released by the International Atomic Energy Agency, or IAEA, , members of the IAEA fact-finding team in Japan visit the emergency diesel generator at Reactor Unit 6 at the Fukushima Dai-ichi nuclear plant in Okuma, Fukushima prefecture, northern Japan. The generator was the only one to survive the March 11 earthquake and tsunami. The experts are in disaster-affected northeastern Japan for visits to the Fukushima Dai-ichi power plant and two other nuclear plants. (AP Photo/IAEA) CREDIT MANDATORY

teeth53 thot: will it generate into something like what has happen in Ipoh - Perak??., citing the company’s opaque plans on waste storage and transport management between the Mount Weld mine in Western Australia and the Gebeng refinery.

Currently, rare earth waste products can only be buried, recycled or transmuted into non-radioactive material, although many small operations in China release toxic waste into the general water supply.

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30-May-2011 22:00

Others / Asean/Japan Quake n nuclear crisis apocalyptic..?

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http://my.news.yahoo.com/expert-warns-that-kuantan-residents-will-be-lab-103502144.html

KUANTAN, May 29 — A public health scientist today warned residents that the RM700 million rare earth refinery being built here would effectively make “lab rats” of the 700,000 population.

Citing reports on various nuclear incidents including 1986 Chernobyl disaster that crippled Soviet economy

The controversial rare earth plant being built by Australian miner Lynas Corp has raised fears of a repeat of the radiation pollution from a similar plant in Bukit Merah, Ipoh.

The Asian Rare Earth (ARE) plant in Perak has been linked to birth defects and at least eight cases of leukaemia in the past five years, seven of which were fatal.

Nearly 20 years after it was shuttered, the plant is still the subject of a RM300 million cleanup.

Putrajaya bowed to public pressure in Kuantan and last month put on ice the plant being built by Lynas Corp, pending a month-long review by international experts.

The meeting this evening between various anti-Lynas groups was to work out strategies before a series of meetings with the panel this week, which they see as their best chance to scupper Lynas’s plans.

Dr Chan Chee Khoon, a consultant at Universiti Malaya’s medical faculty.

teeth53 ( Date: 30-May-2011 20:20) Posted:

http://sg.news.yahoo.com/un-nuclear-agency-opens-probe-malaysia-plant-020734615.html

Malaysia (AP) govt says U.N. nuclear experts have opened investigations into whether plans for an Australian-built rare earth refinery present any threat of radioactive pollution, currently being built by Australian miner Lynas in eastern Malaysia could curtail China's monopoly on the supply of rare earths for making high-tech goods.

http://sg.news.yahoo.com/germany-end-nuclear-power-2022-014456424.html

Germany to close all nuclear plants by 2022

30-5-2011. (Mon) Germany became the 1st major industrialised power to agree an end to nuclear power in the wake of the disaster in Japan, with a phase-out due to be completed by 2022..

.

Chancellor Angela Merkel said the decision, hammered out by her centre-right coalition overnight, marked the start of a " fundamental" rethink of energy policy in the world's number four economy.

" We want the electricity of the future to be safer and at the same time reliable and affordable," Merkel told reporters as she accepted the findings of an expert commission on nuclear power she appointed in March in response to the crisis at Japan's Fukushima plant.

" That means we must have a new approach to the supply network, energy efficiency, renewable energy and also long-term monitoring of the process," she said.

teeth53 thot: Why we, we need to secure unclear free Asean.

In the wake of Japan Quake and nuclear crisis...Asean must wake up to apocalyptic gamble.

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30-May-2011 21:50

Others / Asean/Japan Quake n nuclear crisis apocalyptic..?

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M'sia misti boleh piya....wayang, wayang, pocket pocket money.

The plant built by Australian miner Lynas in eastern Malaysia could curtail China's monopoly on the supply of rare earths for making high-tech goods.

Malaysia's trade ministry said a delegation from the International Atomic Energy Agency was starting talks Monday with activists worried about low-level radioactive waste from the planned plant.

Malaysian authorities are expected to decide whether to let the plant proceed with refining ore from Western Australia after the panel submits its report next month. Lynas says the plant will have state-of-the art contamination controls.

A forumer posted:

Reason that the refinery plant which own by Australian, built in Malaysia is because of the radiation pollution.

Besides, rare earths are mined in Australia and it does not make sense to ship to M'sia for processing unless they are aware that the pollution cost will be much higher than shipping cost to M'sia.

Furthermore, the Green Party in Austrslia will object to the plant build back home. It is very straightforward answer and you do not need study from nuclear experts who will likely agree upon in flavour of miner.

Australia wants profit but want others to suffer long term hazardous effect of radiation pollution in Kuantan

Others related news:

Expert warns that Kuantan residents will be ‘lab rats’ The Malaysian Insider via Yahoo! Malaysia News - 29 May 18:44

Kuantan MP: Putrajaya selling out people for Lynas funds The Malaysian Insider - 28 May 20:36

teeth53 ( Date: 23-Apr-2011 13:34) Posted:

http://www.malaysiakini.com/letters/162186 (Rare earth plant: M'sian lives are less precious)

http://www.malaysiakini.com/news/162166

The govt will not issue any ‘pre-operating licence’ until the panel completes its study, says the Miti minister. [VIDEO INSIDE]

An international panel of “independent experts” will be formed to carry out a conclusive study on the safety of the Lynas Advanced Material Plant in Gebeng, Pahang.

Public to face zero radiation, says Lynas

Bid to gather 1,000 mums to say no to Lynas

Anger, fear run high against Lynas plant

Who to believe - Lynas or Australian Parliament?

Expert: Lynas will be far worse than Bukit Merah

Experts to be called over rare earth project safety

Stop work on rare earth plant: MCA

Residents to Lynas: Go back to Australia!

100 protest Lynas plant at Parliament

http://www.malaysiakini.com/news/162232 (M'sia wayang on on M'sian lives)

Australia's Lynas Corporation is confident that the independent panel probe into the company's rare earth refinery in Gebeng, Pahang will be in favour of the company.

teeth53 ( Date: 31-Mar-2011 22:51) Posted:

Rare earth plant protest at Parliament grounds--KL

Today ST paper and as well as last mth mentioned in Pahang-Kuantan, where demonstrating activities against the controversal rare earth plant been built, They held up placards that read " Selamatkan Kuantan" (save Kuantan) and " Hentikan Lynas" (Halt Lynas)......

The up coming plant. Australia Lynas, a mining firm is building a mining plant nearby...has drawn flak from residents and critics after concerns were raised about the dangers of radioactive waste left behind from rare earth processing.

(The star/Asia News network.)

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30-May-2011 20:20

Others / Asean/Japan Quake n nuclear crisis apocalyptic..?

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Germany to close all nuclear plants by 2022

30-5-2011. (Mon) Germany became the 1st major industrialised power to agree an end to nuclear power in the wake of the disaster in Japan, with a phase-out due to be completed by 2022..

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29-May-2011 20:32

Others / GE2011 Co-driver analogy...haha

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In post election plan...Nicole Seah plan to raise her profile over the next 5 years

Yahoo news: Are you going to leave NSP and join another party?
" I believe in a multi-party system so...will she be woo over by Dr Lily Neo??. Laughing

notcareful wrote:
She is the gem, all parties are eyeing. Every party will do it quietly. We'll know the results in the next election. Laughing

Salute ( Date: 08-May-2011 13:42) Posted:

Capture one sentence PM said last night, " we will upgrade the estate even it's under Opposition party" . They come to know that they are not Singapore, but the people are. The people should be treated equally.

去掉野蛮之癖，换来君子风度。

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29-May-2011 19:34

Others / Asean/Japan Quake n nuclear crisis apocalyptic..?

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Japan detects high radiation levels off coast: report

Radiation up to several hundred times normal levels has been detected on the seabed off the crippled Fukushima nuclear plant. Science ministry announced late Friday highly radioactive materials were detected in a 300-kilometre (190-mile) north-south stretch from Kesennuma in Miyagi Prefecture to Choshi in Chiba Prefecture.

The ministry warned that the contamination could affect the safety of seafood, the report said, science ministry said it detected iodine and caesium on the seabed at 12 locations 15 to 50 kilometres from the coastline between May 9 and 14.

The news follows an announcement by environmental activist group Greenpeace on Thursday that marine life had tested in waters more than 20 kilometres off the Fukushima nuclear plant showed radiation above legal limits.

Fukushima prefecture has told AFP. No fishing is going on at the moment in its waters. Japan's fisheries agency and the govt has prohibited fishermen.

The govts of China, South Korea, the Philippines and Vietnam reported that radiation had drifted over their territories, although they emphasised the levels were so low that there was no health risk.

On Friday it had detected a small amount of radioactive iodine-131 in a sample of grey mullet but it was well below govt limits. Hong Kong govt did not say whether the iodine could be traced to the Fukushima plant.

Greenpeace, anti-nuclear grp, which conducted coastal and offshore tests this mth, criticised Japanese authorities for their " continued inadequate response to the Fukushima nuclear crisis" sparked by the Mar 11 quake and tsunami. Said seaweed radiation levels 50 times higher than official limits.

Raised " serious concerns about continued long-term risks to people and the environment from contaminated seawater" . Its tests were independently verified by French and Belgian laboratories, showed above-legal levels of radioactive iodine-131 and caesium-137 in several species of fish and shellfish.

- AFP/ir

teeth53 thot: In the aftermath of the quake, (do we need a nuclear plant here that can ruin us for life??.) small amounts of radiation from Fukushima spread across Asia, deepening concerns as millions of people in countries which had already imposed bans on Japanese produce from near the nuclear plant.

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29-May-2011 10:22

Others / Aug 2, US-living on borrow time from debt disaster

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Greece fail to plan and plan to fail.

Greece's biggest opposition party. New Democracy, refused to back an agree on austerity plan for d 2nd time in a week. Greek prime Ministry (George) has failed to secure from main opposition support in it austerity measures, thus threatening his effort to keep funds flowing and avoid default.

A history we need to learn as one third (one out of three is a civil servant), as politicians fight it out.

A 110 billion euro (S$193 billion) aid package to stem the spread of the regional's sovereign crisis is set for a voluntary extension of bond repayment, 30 billion euros (next year) or may default as Euro mull and race to rescue PIG (Potugal, Ireland and Greece).

teeth53 ( Date: 22-May-2011 12:28) Posted:

teeth53 thot: Market direction is still glooming and not doom. More than a year after Greece received a 110 billion euro (S$193 billion) aid package to stem the spread of the regional's sovereign crisis. Greece, the nation's debt is still rising, borrowing cost are near record levels.

Greece as a nation is mulling on risks sovereign default of S$193 billion dollars on it loan.

P.I.G. (Portugal, Ireland and Greece) is shunned by investors as cost to borrowing soar to new record .

Fitch Ratings slashed Greece's credit ratings by three notches to B+, diving deep into the speculative investment range, due to the massive challenges of correcting the country's debt. It rating was based on the expectation that EU and IMF would provide sufficient new bailout aid to Athens that there would be no extension of repayment deadlines on Greek govt bonds.

http://topics.nytimes.com/top/news/international/countriesandterritories/greece/index.html

almost a year after the bailout, the Greek economy continued to sag under 340 billion euros in debt. where one out of three people is employed in the civil service, which until now has guaranteed jobs for life. The shake-up of Greece's public sector represents one of the biggest overhauls of the country's welfare state in a generation.

Demonstrations claimed their first fatalities on May 5, 2010, with three people reported to have died inside a bank building set ablaze by protesters as workers across Greece went on strike.

Greece’s deficit is raised to 10.5% of gross domestic product in 2010, exceeding the 9.6% target set by the government, while public debt swelled to 142.8 percent of G.D.P.

All these factors appeared to feed an emerging view that it makes little economic sense for IMF and Euro Union to keep lending money to Greece so that the govt can pay back private investors at double-digit interest rates -- especially as Greek citizens suffer the effects of a severe austerity program.

teeth53 ( Date: 21-May-2011 11:41) Posted:

http://sg.finance.yahoo.com/q/bc?s=%5ESTI& t=1y& l=on& z=l& q=l& c=

teeth53 thot: STI market will be trading volatile and within range till clearer trade signal appear. Since STI peak above 3,300 in mid Nov 2010, it attempted to force a repeat in early Jan 2011 and in early May, end in failure.

(Reuters) - The big money is calling a halt to the surge in stock prices. http://www.reuters.com/article/2011/05/13/us-usa-stocks-weekahead-idUSTRE74C76320110513

Declines in oil and metals prices are being seen by an increasing number of fund managers and strategists as a signal to get out of riskier areas of the equity market. And that means avoiding things like Chinese IPOs and sticking to the boring stuff, like utilities.

http://www.reuters.com/article/2011/05/13/us-markets-stocks-idUSTRE7481EV20110513

Stocks ended a 2nd wk of losses on Friday, reflecting growing worries stocks are on the precipice of a pullback.

Concern about slowed growth worldwide. QE2 coming end of a supportive Federal Reserve policy and the fear of a worsening euro-zone debt crisis are undermining the stock market's ability to maintain an upward direction.

This sentiment was present not just in stocks but also was reflected in a sharp drop in the euro. Stocks and the euro have been trading in a similar pattern for most of the week and particularly on Friday, when a late-morning drop in stocks coincided with a sharp fall in the euro.

The growing concern is that stocks had priced in an overly optimistic economic path, and the recent breakdown in commodities and shift in equities to safer industries like health care suggest a reckoning in coming months

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