Designated as the Hemaseh in Farsi, meaning ‘epic’ in English, Iran’s latest reconnaissance-combat drone was unveiled on Thursday during a ceremony attended by Defense Minister Ahmad Vahidi.
Brightly painted in the colors of Iran’s national flag and sporting what looked to be two dummy missiles under its wings, the domestically built drone is said to possess stealth capabilities that would allow it to evade enemy radar.
“This drone has been built by [...]
BLOOMBERG BRIEF FISCAL CLIFF AND DEBT PRIMER: IS THE U.S. CONSUMER NOT PREPARED FOR A DECLINE IN AFTER-TAX INCOME?
Commentary by Bloomberg economist Joseph Brusuelas
A new “Fiscal Cliff” and debt package primer by Bloomberg senior economist Joe Brusuelas outlines the upcoming risks to the economy, from the pending fiscal shock and why those risks may be greater than policy makers or investors are acknowledging.
This exclusive Bloomberg research is available [...]
(NaturalNews) Difficult growing conditions have led agriculture industry experts to warn that consumers should expect shortages of winter veggies in the days leading up to Christmas, especially in the United Kingdom.
Crop production has been hampered by poor weather and devastating floods, officials say, which will undoubtedly result in fewer commodities available for grocery store shelves this holiday season.
Supermarket managers in the UK have said they could be forced to import [...]
NYC taxi firms run out of Gas “In New York City over 50 percent of stations are not able to sell gasoline and it could be up to 75 percent,”
Could this be the thing that suspends the election ? or time to raise the Gasoline prices nationwide !
Gasoline crunch deepens, NYC taxi firms run out of fuel
“In New York City over 50 percent of service stations are not able to [...]
Due to the growing cost of crude oil and multiple refinery mishaps, 2012 is on track to be the costliest year ever for gasoline.
“Nationally, gasoline averages $3.70 a gallon — up 30 cents since mid-July and is now higher than year-ago levels in 39 states. Prices are likely to continue climbing through August, with little relief until after Labor Day,” USA Today reports.
Gas jumped 9 percent this month, pushing the [...]
It was more of the same triple-digit temperatures and moisture-starved reports from the Midwest last week, prompting the USDA’s Drought Monitor to show the largest one-week jump in extreme drought growth during the report’s 12-year history.
Nationally, drought conditions have grown for the 10th consecutive week. More than 63 percent of the contiguous United States is now considered in moderate to exceptional drought. Specifically, 1,369 counties across 31 states have been declared drought-disaster areas.
NEW YORK (AP) — The companies that determine Americans’ credit scores are about to come under scrutiny by the country’s new consumer watchdog.
The Consumer Financial Protection Bureau said Monday that it will start supervising the 30 largest firms that make up 94 percent of the industry. That includes the three big credit reporting firms: Equifax Inc., Experian and TransUnion.
This marks the first time that a single government agency will take [...]
Analysts say penalties could dwarf the record £290m fine for Barclays
HSBC, RBS and Lloyds all saw shares plummet in value in a sign investors fear the crisis could have greater ramifications
Fears that more banks will be hammered with colossal fines totalling billions of pounds grew today after George Osborne revealed that Barclays was ‘not alone’ in its efforts to rig interest rates.
The fallout from the record £290million penalty given to [...]
Ukraine on Brink of Missile Deal with India – Media
Ukraine is close to signing one of its biggest ever defense deals for air-to-air missiles with India, according to Russian media reports.
Nezavisimaya Gazeta says the deal for R-27 missiles, worth hundreds of thousands of dollars, is in the final stages and is waiting for approval from the Ukrainian leadership.
The Vympel R-27 (AA-10 Alamo) missile is a medium-to-long-range air-to-air missile developed by [...]
China has finally overtaken America to become the biggest shopping nation on the planet, according to new retail figures.
The retail bug has also caught on in other emerging consumer countries such as Russia, India and Brazil, who are set to overtake Europe’s powerhouses.
But Britain is also set to overtake Germany in the table of the world’s highest spending shoppers, analysts predict.
Buying bug: At predicted rates of growth, China¿s market is [...]
Chellie Mills ReportingKFOR-TVMarch 20, 2012
CUSHING, Okla. — The President is scheduled to speak in Payne County this Thursday morning. It may be rural Oklahoma, but when it comes to pipelines, it’s the Capitol. The President is expected to talk about energy, though many in that industry are not impressed.
They are even planning to protest his visit, calling it a political ploy more than a genuine interest.
Mike Cantrell with the Domestic [...]
Eric Sprott and David Morgan Respond to CFTC Commissioner Bart Chilton on Silver Manipulation
Silver industry experts Eric Sprott and David Morgan take on the silver manipulation controversy
BIG PICTURE 03/17/2012
RealPlayer WinAmp Windows Media MP3
James J Puplava CFP with Eric Sprott, David Morgan, and Bart Chilton
In a “virtual” roundtable with Jim Puplava, Eric Sprott of Sprott Asset Management andDavid Morgan of Silver-Investor.Com each respond to excerpts from Jim’s earlier interview with CFTC Commissioner Bart Chilton on silver price manipulation.
About James J Puplava CFP
James J Puplava CFP
President, Chief Investment Strategist at PFS Group
Primary Tel: 888.486.3939
LOS ANGELES (AP) — HBO is defending its treatment of horses used in the racetrack drama “Luck” after two of the animals died during production.
The horses were injured and euthanized during filming of the series, which stars Dustin Hoffman and Nick Nolte and has been renewed for a second season. The deaths, which occurred a year apart in 2010 and 2011, have drawn criticism from People for the Ethical Treatment [...]
In an attempt to create a “solar scandal” that will be “even bigger than Solyndra,” Fox News is claiming that SunPower, which recently received a federal loan guarantee, is a “failing company” that is creating jobs “not in America, but in Mexico.” In fact, industry experts see SunPower as “a success story” and the loan guarantee supports the construction of a power plant in [...]
This is the terrifying moment a Ford Focus smashes into a solid concrete wall at 120mph in the world’s fastest ever crash test.
Industry experts EuroNCAP normally crash vehicles at speeds of 40mph when giving production cars a safety rating.
But Five’s motoring show Fifth Gear wanted to see what would happen in a head-on collision at three times this speed – a figure most family cars are capable of.
LOS ANGELES, July 8 (UPI) — A growing number of trash trucks are being powered by fuel recovered from the very garbage they haul to landfills, U.S. industry experts said.
Waste Management Inc., which operates the largest trucking fleet in the waste industry, is fueling more and more of its trucks with so-called trash gas, the Los Angeles Times reported Thursday.
In Los Angeles, every one of the [...]
LinkedIn Corp., the largest professional-networking website, more than doubled in the first day of trading after its initial public offering.
The stock surged as much as $47.99 to $92.99 and traded at $83.32 at 10:05 a.m. in New York Stock Exchange composite trading. The Mountain View, California-based company sold 7.84 million shares at $45 each, according to a statement released yesterday. The company had raised the proposed range for the share [...]
NEW YORK (CNNMoney) — The troubled commercial real estate is slowly killing off the nation’s small and regional banks, and industry experts fear the worst is yet to come.
The delinquency rate on commercial mortgage-backed securities hit a record 9.62% in April, according to a report by Trepp, a firm that tracks commercial real estate and banking data.
Analysts expect that to rise above 10% by year [...]
With turmoil overseas and energy prices on the rise, investors are worried. They’re worried about geopolitical risk. They’re worried about a falling dollar. And they’re worried about inflation becoming entrenched as the Federal Reserve continues to administer its cheap-money medicine despite signs of inflation.
As a result, gold is on the move again. For much of last year, gold moved higher over worries about Europe’s debt crisis [...]
PHILADELPHIA (CBS) – Gas prices have recorded their biggest one week increase since Hurricane Katrina in 2005.
â€œItâ€™s totally ridiculous, man,â€ Anthony Pollard is feeling the pinch at the pump, like many other motorists. â€œIâ€™m putting $50 in here today. And thatâ€™ll probably get me half a tank.â€
Pollard owns a Chevy pickup. His other vehicle is a gas-guzzling Lincoln andÂ he refuses to drive that until prices come back [...]
MYFOXNY.COM – The price at the pump for a regular gallon of gasoline went up 17 cents on Friday at stations along the New Jersey Turnpike and the Garden State Parkway. Sunoco which operates the pumps on the roads is allowed to change the price only once per week under its contract with the state.
At 7 a.m. on Friday, the price rose from $3.08 to [...]