Factory Farming caused Flu Outbreak

The first known case of swine flu emerged a fortnight earlier than previously thought in a village where residents have long complained about the smell and flies from a nearby pig farm, it emerged last night.

The Mexican Government said it initially thought that the victim, Edgar Hernandez, 4, was suffering from ordinary influenza but laboratory testing has since shown that he had contracted swine flu. The boy went on to make a full recovery, although it is thought that at least 148 others in Mexico have died from the disease, and the number is expected to rise.

News of the infected boy is expected to create controversy in Mexico because the boy lived in Veracruz state, home to thousands of farmers who claim that their land was stolen from them by the Mexican Government in 1992. The farmers, who call themselves Los 400 Pueblos – The 400 Towns – are famous for their naked marches through the streets of Mexico City.

The boy’s hometown, La Gloria, is also close to a pig farm that raises almost 1 million animals a year. The facility, Granjas Carroll de Mexico, is partly owned by Smithfield Foods, a Virginia-based US company and the world’s largest producer and processor of pork products. Residents of La Gloria have long complained about the clouds of flies that are drawn the so-called “manure lagoons” created by such mega-farms, known in the agriculture business as Confined Animal Feeding Operations (CAFOs). More from The Telegraph HERE

Published in: on April 29, 2009 at 9:12 am Leave a Comment
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BBC NEWS | Europe | Shoes thrown at Fortis chairman

Shoe throwing seems to be the new protest fashion. And I like it so lets see more of it!

Published in: Uncategorized on at 9:07 am Leave a Comment

Organised Crime and the Economic Crisis

How is the crisis affecting certain criminal activity’s?

The Mafia in Italy (and I am sure everywhere else) is finding lots to exploit:

“While businesses around the world are hunkering down for survival, the Italian mob is living a golden moment.

Italy’s various organized crime syndicates — often lumped together colloquially as Mafia Inc. — are gobbling up gas stations, muscling in on supermarket franchises, making loans to cash-starved businesses, taking over trattorias and acquiring buildings in swank neighborhoods in Rome and Milan, investigators say.

These mobsters have lots of what is in short supply for many businesses these days — liquidity — as well as centuries-honed expertise in preying on the vulnerable, whose ranks are swelling in the current financial crisis.

It all means the mob is free to sink cash into two areas that lie at the heart of the global meltdown: real estate and credit markets.

The crime syndicates are flush with billions of euros from extortion rackets, drug trafficking and booming sales in fake designer clothing made in China expressly for the Italian mob — an increasingly lucrative trade as hard-hit consumers search for bargains, prosecutors and police said in recent interviews.

For the mob bosses, the global economic meltdown “is only an advantage,” said anti-mafia prosecutor Franco Roberti, in his office in Naples, the chaotic port city that is home to the Camorra, one of the Italy’s major crime syndicates.” See full story HERE

And Brothels in Germany (and again, I am sure in other countries) are offering discounts and “extras” : It has not taken long for the global financial crisis to affect the world’s oldest profession in Germany.

In one of the few countries where prostitution is legal, the industry has responded with an economic stimulus package of its own: modern marketing tools, rebates, discounts and gimmicks to boost falling demand.

Some brothels have cut prices or added free promotions, while others have introduced all-inclusive flat-rate fees. Free shuttle buses, discounts for seniors and taxi drivers, as well as “day passes” are among marketing strategies designed to keep business going.

“Times are tough for us too,” said Karin Ahrens, who manages the Yes, Sir brothel in Hanover. Revenue had dropped by 30 per cent at her establishment, she said, while turnover had fallen by as much as 50 per cent at other clubs. “We’re definitely feeling the crisis. Clients are being tight with their money. They’re afraid. You can’t charge for the extras any more and there is pressure to cut prices.” See full story from The Independent HERE

Published in: on April 27, 2009 at 2:48 pm Leave a Comment
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Spain’s unemployment rate leaps to record high

Spain ends up at the top for highest unemployment.
From the Telegraph:
More than four million Spanish people are out of work. According to the country’s National Statistics Institute a record high figure of 17.4 per cent were unemployed in the first quarter of the year.

Unemployment leapt from 13.9 per cent in the fourth quarter of 2008, the biggest quarterly jump since 1976. Joblessness in Spain has almost doubled in a year.

The Bank of Spain had previously forecast that unemployment would not surpass 17.1 per cent for the year. Alarmingly, 1,068,400 families have every member out of work.

And as the dole queues lengthen, labour unrest is growing. Two hundred pickets yesterday picketed a shipyard in the Basque country to protest at the employment of cheap Romanian and Portuguese workers that is threatening the jobs of 1,100 local workers. See full story HERE

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Workers take the “hit” in Britain

Of course its the working men and woman who feel the brunt of the greedy thieves, and Britain is especially hard hit where “workers in Birmingham on half pay, IT contractors in Yorkshire on slashed rates, office workers in London rehired on 25% less, and the women suffering £400-a-month wage cuts because of equal pay rules”. See full story from The Guardian UK

HERE

Published in: on April 19, 2009 at 5:59 pm Leave a Comment
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US economy goes back to 1955 as deflation returns

How bad is bad?

“The US economy has begun to deflate for the first time in more than half a century as a slump in demand pushes energy and food costs lower.

The consumer price index fell at an annual rate of 0.4% in March, the first decline since August 1955, figures from the US labour department showed today. It was bigger than the 0.1% drop expected by economists.” See fulls story from The Guardian UK HERE

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Resist or Become Serfs

America is devolving into a third-world nation. And if we do not immediately halt our elite’s rapacious looting of the public treasury we will be left with trillions in debts, which can never be repaid, and widespread human misery which we will be helpless to ameliorate. Our anemic democracy will be replaced with a robust national police state. The elite will withdraw into heavily guarded gated communities where they will have access to security, goods and services that cannot be afforded by the rest of us. Tens of millions of people, brutally controlled, will live in perpetual poverty. This is the inevitable result of unchecked corporate capitalism. The stimulus and bailout plans are not about saving us. They are about saving them. We can resist, which means street protests, disruptions of the system and demonstrations, or become serfs. See full story HERE at TRUTHDIG

Published in: on April 15, 2009 at 11:38 pm Leave a Comment
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French fishermen continue to blockade Channel ports

Thousands of cross-Channel ferry passengers faced a second day of travel disruption today as French fishermen continued a blockade of ports in protest against EU quotas.

P&O Ferries said it was forced to suspend services from Dover at 6am as protests restarted off Calais, just nine hours after they ended.

Three thousand passengers, including families returning from Easter holidays, had to be helped home overnight after being stranded at the ports.

Blockades at Boulogne and Dunkirk remained in place. P&O advised passengers on day trips to make alternative arrangements while others were told to head to Dover but to get there early because of extra security. The company is planning to sue the French government for compensation for the disruption. See story HERE

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Those Other Pirates called Bankers give themselves a new round of bonuses

Where are those sharpshooters when you really need them?

“City bankers are set to pocket huge bonuses again, despite bringing the world economy to the brink of ruin.

Goldman Sachs yesterday promised thousands of staff – 5,500 of them in the UK – a 33 per cent pay boost after it returned to profit.

Other banks are expected to follow suit after benefiting from trillions of pounds in government bailouts.

Last night angry MPs condemned what they said was ‘business as usual’ for City fat cats. Goldman Sachs was accused of ‘taking the mickey’ out of taxpayers with such massive bonuses during a global recession. “

See full story HERE

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Is America the new Russia?

From The Financial Times:
Is the US Russia? The question seems provocative, if not outrageous. Yet the person asking it is Simon Johnson, former chief economist at the International Monetary Fund and a professor at the Sloan School of Management at the Massachusetts Institute of Technology. In an article in the May issue of the Atlantic Monthly, Prof Johnson compares the hold of the “financial oligarchy” over US policy with that of business elites in emerging countries. Do such comparisons make sense? The answer is Yes, but only up to a point.

“In its depth and suddenness,” argues Prof Johnson, “the US economic and financial crisis is shockingly reminiscent of moments we have recently seen in emerging markets.” The similarity is evident: large inflows of foreign capital; torrid credit growth; excessive leverage; bubbles in asset prices, particularly property; and, finally, asset-price collapses and financial catastrophe. See full story HERE

Published in: on at 11:32 pm Leave a Comment
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New wave of job losses feared across Europe

Mainland Europe is bracing itself for thousands more job cuts as Philips warned of further restructuring to staunch mounting losses and the German arm of Woolworths filed for bankruptcy.

In Switzerland the country’s biggest bank, UBS, is reportedly planning to axe up to 10,000 more jobs as early as next week as it struggles to regain profitability – and credibility.

And as ArcelorMittal, the world’s biggest steelmaker, confirmed it would cut output by half and mothball several plants, unions urged the group to retain the current workforce in readiness for any upturn.

Dutch group Philips, one of the earliest continental firms to report first-quarter earnings, said it had already axed 5,216 jobs this year and the number of its employees had fallen by 18,030 in a year, with 5,600 due to discontinued operations.

Warning that demand in the current quarter would be weak after slumping more than expected in the first three months, the world’s biggest lighting business and Europe’s biggest consumer electronics firm said: “Consequently, we will accelerate measures to further lower our fixed cost base.” See full story from The Guardian HERE

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Global Financial Collapse as Ponzi Scheme?

An Argentine opinion on the Global Financial Crisis, describing the whole Global Financial System as one vast Ponzi Scheme.
See Here

Published in: on at 11:26 pm Leave a Comment
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