JAPANESE FISH CONTAMINATED

JAPANESE FISH CONTAMINATED: Highest level of radioactive cesium to date found in freshwater fish in Fukushima village IITATE, Fukushima — Radioactive cesium far exceeding the allowable limit and way higher than previously detected contamination levels…

Horns locked over exotic species hunts

Pursuing big game just won’t be the same in Texas any more, writes Tony Freemantle. Family ties … a museum painting of a trio of addax, a scimitar-horned oryx and a dama gazelle. Photo: The…

The FRB’s “Operation Twist”: Europe and America Grim Economic Prospects

Seven months after the official announcement on 9/21/11 of “Operation Twist” not much progress has been made at the long end of the market to reduce yields.The yield on the 10-year T-note has gone from 1.88% to 2.3% and the 30-year bond went from 3.03% to 3.41%. The episode has been marred by hedge fund and sovereign selling, which has left the short end a little higher, but the long end much higher. The question now is how much did this cost the Fed for such disappointing results? Or in fact was this really their objective? We may never know, because the Fed hides what they do not want anyone to know. These results might not seem important but US Treasury instruments are the foundation of the global monetary system.

Empires Then and Now

Great empires, such as the Roman and British, were extractive. The empires succeeded, because the value of the resources and wealth extracted from conquered lands exceeded the value of conquest and governance. The reason Rome…