Daily Digest
Daily Digest 2/13 - Diplomacy Falters In Maldives, Greece Passes Austerity Measures, Fracking Could Ruin NY's Organic Industry
by Daily Digest
Monday, February 13, 2012, 11:50 AM
- Diplomacy Falters in Maldives
- Even Critics of Safety Net Increasingly Depend on It
- Obama Faces Task of Selling Dueling Budget Ideas
- Economists Warn of Long-Term Perils in Rescue of Europe’s Banks
- Greek Parliament Passes Austerity Plan as Riots Rage
- Tunisia - A Possible Electrical Savior of Southern Europe?
- Physicists Meet at CERN to Discuss Progress Made on Cold Fusion
- Fracking Could Ruin New York's Organic Food Industry
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Economy
Diplomacy Falters in Maldives (ScubaRoo, subscription required)
Mr. Nasheed, who in 2008 became the country's first democratically elected president, said he was forced to resign in an armed coup almost a week ago. He accused police of using undue force against his supporters, severely injuring some of them.
Even Critics of Safety Net Increasingly Depend on It (jdargis)
There is little poverty here in Chisago County, northeast of Minneapolis, where cheap housing for commuters is gradually replacing farmland. But Mr. Gulbranson and many other residents who describe themselves as self-sufficient members of the American middle class and as opponents of government largess are drawing more deeply on that government with each passing year.
Obama Faces Task of Selling Dueling Budget Ideas (jdargis)
“The challenge,” Mr. Lew added, “is how do you do two things at the same time? How do you put money forward for things like the payroll tax holiday, for things like getting a jump-start on infrastructure, for building schools, and make the decisions for long-term deficit reduction? The president has proposed a plan that would do that.”
Economists Warn of Long-Term Perils in Rescue of Europe’s Banks (jdargis)
In December, the European Central Bank invited banks to borrow money at the benchmark interest rate of 1 percent for three years, compared with a previous maximum maturity of one year. Banks could borrow as much as they wanted provided they posted collateral. They jumped at the opportunity: 523 banks borrowed 489 billion euros, or $647 billion.
Greek Parliament Passes Austerity Plan as Riots Rage (jdargis)
Angry protesters in the capital threw rocks at the police, who fired back with tear gas. After nightfall, demonstrators threw Molotov cocktails, setting fire to more than 40 buildings, including a historic theater in downtown Athens, the worst damage in the city since May 2010, when three people were killed when protesters firebombed a bank. There were clashes in Salonika in the north, Patra in the west, Volos in central Greece, and on the islands of Crete and Corfu.
Tunisia - A Possible Electrical Savior of Southern Europe? (James S.)
It’s not small – TuNur’s two gigawatts output, generated by roughly 825,000 heliostat flat plate mirrors, will generate electricity at six times the output of the world’s current largest solar power project. The project’s first phase will begin in 2014 and the first electricity exports are scheduled to be sent to Europe by 2016 via a new low-loss transmission line to Italy.
Physicists Meet at CERN to Discuss Progress Made on Cold Fusion (James S.)
Likely of importance is Celani and Srivastave are expected to show specific nanostructures have begun to play a crucial role in basic studies and in commercial claims for technological and industrial applications, noticeably the Rossi led effort and the competitor Defkalion.
Fracking Could Ruin New York's Organic Food Industry (jdargis)
Once Again’s nuts are already shipped in from out of state due to nuts not being produced in New York. Its honey products are not organic, but are supplied by honey farms in New York.
“If the bee population decreases due to pollution and contaminants, honey product may decline and make it hard to source local honeys,” she said.
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