The biggest threat that most investors see is a return of euro zone debt problems. While the European Central Bank’s lending program gave investors renewed confidence, yields on Spanish bonds have been climbing, signaling that investors are growing more nervous. The interest rates on Spanish 10-year bonds rose in March to 5.3 percent, from 4.9 [...]
Some may think the EU is managing to muddle through its financial woes. After all, it has been two years since the debt crisis started and the European Union, despite all the predictions, is larger – not smaller – than when all this began. We were told the financial world would collapse when Greece defaulted [...]
Workers in Spain took to the streets Thursday to protest more budget cuts in a nation that is already on the brink of an economic collapse. Spain is in its second recession in three years and may have to restructure its debt. If this happens it would have a huge impact on the U.S. economy. [...]
Last week the head of the European Central Bank, Mario Draghi told a German newspaper that while there were still risks, the worst of the euro zone crisis was over and the situation had stabilised. This rosy scenario is far from reality as concerns grow that a new round of the crisis may be set [...]
After the best first quarter since 1998, Charles Nenner, founder of Charles Nenner Research thinks the rally is coming to an end. With a price target of 1,449 on the S&P500, a mere 2% higher than the opening levels of Tuesday, “it’s a little late to buy this thing,” he says. The forecaster uses cycles [...]
Weeks after agreeing to an agonizing bailout deal with Europe, Greece is splintering politically ahead of national elections, raising the risk that it won’t be able to make the economic sacrifices still needed to keep it in the euro. The election, not yet scheduled but expected in April or May, is shaping up as a [...]
As average U.S. gas prices head toward $4.00 a gallon, billionaire hedge fund operator John Paulson recently told a standing room only crowd at New York’s University Club that double-digit inflation is about to rear its ugly head. Paulson assumes that the Fed will continue to engage in its inflation-creating behavior. John Paulson is famous [...]
An ongoing review of medical facility security surrounding radioactive materials by the Government Accountability Office has turned up examples of vulnerabilities. In prepared testimony (.pdf) presented March 14 to the Senate Homeland Security and Governmental Affairs subcommittee on oversight of government management, the federal workforce and the District of Columbia, the GAO notes that there [...]
Schulze-Makuch and British astronomer David Darling co-authored the book “Megacatastrophes!: Nine Strange Ways the World Could End,” scheduled to debut next month from Oneworld Publications. See the slideshow…
ATK Secures .40 Caliber Ammunition Contract with Department of Homeland Security, U.S. Immigration and Customs Enforcement (DHS, ICE) ATK ATK +0.15% announced that it is being awarded an Indefinite Delivery/Indefinite Quantity (IDIQ) agreement from the Department of Homeland Security, U.S. Immigration and Customs Enforcement (DHS, ICE) for .40 caliber ammunition. This contract features a base [...]
A recent study from National Geographic shows well over half of the population is at least a little concerned that there will be a major catastrophe in the next 20 years. Recent events like the Great Recession, killer hurricanes, earthquakes, tsunamis and nuclear accidents all have people more aware of just how vulnerable they are [...]
Featured Author: Jason Arbogast, Federal Law Enforcement Emergency Management Officer National Emergency Preparedness week is long gone but doesn’t mean it should be over. Preparedness is something that needs to be constant. One should be prepared for the unfortunate and catastrophic events that can happen. Just because it hasn’t happened to you or your community [...]
