Daily Digest

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Daily Digest 5/12 - Africa Plundered By Secret Mining Deals, The Hidden World Under Our Feet

Sunday, May 12, 2013, 10:48 AM

Economy

European Banking – It Is Getting Scary (Taki T.)

Earlier this week, Iris Times wrote that Ireland which has the presidency of the European Council, will propose the ‘bail-in’ of large depositors in case of European bank collapses. “Discussions on the controversial bank resolution regime, which is likely to see savers with deposits over €100,000 “bailed in” as part of future bank wind-downs, are due to intensify this week in Brussels, ahead of Tuesday’s meeting, which will be chaired by Minister for Finance.”

U.K.’s BG Group files $16B plan to export LNG from British Columbia (westcoastjan)

BG’s $16-billion proposal to export up to 3.3 billion cubic feet of gas per day from a new terminal on B.C.’s Ridley Island, at Prince Rupert, brings to 10 the number of projects in varying stages of development. Five of them plan to export a combined 9.6 billion cubic feet of gas per day beginning in the second-quarter of 2015, according to numbers compiled by AltaCorp. Capital Inc.

Graphic: Canada’s Burgeoning Aboriginal Population (westcoastjan)

New data from Statistics Canada’s National Household Survey shows that 1,400,685 people had an aboriginal identity in 2011, or 4.3% of the total Canadian population. The aboriginal population increased by 232,385 people, or 20.1% between 2006 and 2011, compared with 5.2% for the rest of Canada’s non-aboriginal population. Projections show that the aboriginal identity population in Canada could be 2.2 million by 2031.

Is Yours More Corrupt Than Mine? (jdargis)

Officials recently revealed that a 74-year-old senator named Shirley Huntley secretly recorded assorted pols who she invited over for a chat while claiming to be laid up with a broken ankle. She was sentenced to prison for embezzlement anyway, but not before putting an entirely new spin on the concept of visiting the sick.

There was also a state assemblyman who was wired up for virtually his entire two-term career, before resigning recently to pursue a new life as a defendant in a perjury case.

Kofi Annan: Africa plundered by secret mining deals (westcoastjan)

This cost the country, which the charity Save the Children said earlier this week was the world's worst place to be a mother, $1.3bn in revenues.

This figure was equivalent to double DR Congo's health and education budgets combined, the report said.

‘Like a freight train’: Manitoba homes crushed as nine-metre-high wall of ice slams into them (westcoastjan)

Watts said strong winds with gusts up to 90 kilometres per hour forced the ice onto the shore at Ochre Beach, one of a couple of beaches that make up the summer community that’s about 200 kilometres northwest of Winnipeg.

The Hidden World Under Our Feet (Mike K.)

To understand more, scientists recently embarked on what they call the Global Soil Biodiversity Initiative to assess what is known about soil life, pinpoint where it is endangered and determine the health of the essential ecosystem services that soil provides.

They are not just looking at soil in remote, far-off landscapes. One of the more intensive studies is taking place in New York’s Central Park.

Gold & Silver

Click to read the Gold & Silver Digest: 5/9/13

Provided daily by the Peak Prosperity Gold & Silver Group

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2 Comments

westcoastjan's picture
westcoastjan
Status: Platinum Member (Offline)
Joined: Jun 4 2012
Posts: 561
re Canada's Burgeoning Aboriginal Population article

Hi all,

I submitted this as the Aboriginal population can and does have an effect on much of the resouce development in Canada. Note the concentration in coastal BC where there are a number of proposals for oil pipelines and LNG terminals. At this point the majority of the Aboriginals appear to be against these initiatives, so for anyone considering investments in these areas, it is an important factor to take into consideration. It might be a long, slow grind to get them approved and built.

Jan

chm's picture
chm
Status: Bronze Member (Offline)
Joined: May 28 2011
Posts: 46
Spanish prelate fears 'mutual hatred' over euro crisis

http://www.telegraph.co.uk/finance/financialcrisis/10052268/Spanish-prelate-fears-mutual-hatred-over-euro-crisis.html

The jobless rate in the Toledo region of Castilla-La Mancha is 31pc. The rate for youth has jumped to 64pc.

...

A new Metroscopia poll shows that 87pc of voters have lost confidence in premier Mariano Rajoy.

...

The Spanish government froze evictions for the most vulnerable families in November. A thousand people are still losing their homes each week, though this is less than often claimed . "They are just thrown onto the street," she said.

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