Officials report that 7 are dead and 35 are wounded in a subway blast at the Oktyabrskaya train station about 6 p.m. local time. There is no official word on the exact cause of the explosion. The location is within 100 yards…
The Arab League on Sunday announced that they will ask the United Nations to impose a “No-Fly” zone over Gaza. According to the Jerusalem Post, Arab League Secretary General Amr Moussa made the announcement after an emergency meeting in Cairo, Egypt. Weeks…
A magnitude 7.0 aftershock hit Japan on Monday causing a temporary power outage at the crippled Fukushima nuclear power plant. The aftershock hit immediately following a nation-wide moment of silence to mark one month since a massive earthquake and resulting tsunami ravaged…
House Speaker John Boehner said a deal has been reached to keep the government open and avert the first federal shutdown in 15 years.
MarketWatch.com is reporting that Japanese investors sold $13.8 billion worth of foreign bonds in the week of May 27 through April 2. This is the largest weekly net sales since mid November of the previous year. Japan is the number two holder…
Two additional banks were closed by U.S. federal regulators today, bringing the total number of U.S. bank failures in 2011 to 28. National Bank and Trust of Western Springs, IL, which had $181.9 million in deposits, was closed, the Federal Deposit Insurance…
The Obama Administration released the text of Presidential Policy Directive (PPD) 8 on “National Preparedness.” The Directive, signed by President Obama on March 30, basically calls for the development and reporting of systematic response plans for natural and manmade disasters. Here is…
We are hearing yet unconfirmed reports that a pipe bomb has exploded outside Los Angeles CA Jewish Synagogue. Update: The report has just been confirmed. Update: The bomb exploded north of the Chabad House of Santa Monica CA, located in the 1400…
Bill Gross, co-founder of Pacific Investment Management (Pimco), and manager of the largest bond fund in existence, recently stated: “Unless entitlements are substantially reformed, I am confident that this country will default on its debts, not in conventional ways, but by picking…
A 6.7-Magnitude Earthquake was just reported in Southern Mexico. No additional details are known at this time.
