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zerohedge.com When one thinks of open-ended, “inflation targeting” one usually thinks of soaring markets, at least in nominal terms, exploding central bank balance sheet, and happy central planners. What one usually does not think of, is, well, inflation targeting. Because while the shadow banking financial system, perfectly devoid of deposits, has for now provided a sufficient buffer from trillions of reserve injections from spreading into the broader economy of the US and [...] Eric Pfeiffer Four African girls have created a generator that produces electricity for six hours using a single liter of urine as fuel. The generator was unveiled at last week’s Maker Faire in Lagos, Nigeria, by the four teens Duro-Aina Adebola, Akindele Abiola, and Faleke Oluwatoyin, all age 14, and Bello Eniola, 15. So how exactly does the urine-powered generator work? • Urine is put into an electrolytic cell, which separates [...] According to the presentation below by Simon Fraser University’s Kris Starosta, a rainwater sample measured in the Vancouver area had levels of radioactive iodine-131 at 10 becquerels/liter [Bq/l], which corresponds to 10^7 particles of I-131 per liter of water [10^7 = 10,000,000]. The post-Fukushima peak for I-131 in the U.S. appears to have been in the San Francisco Bay Area, where levels reached 19.85 Bq/l. An I-131 level of 19.85 Bq/l detected [...] Car company Ford is being forced to recall 485,000 vehicles in order to alter gas pedals which have been the cause of one death and nine injuries It covers Ford Escape SUVs from the 2001-2004 model years in order to remedy sticking gas pedals that can cause crashes. The worldwide recall comes just over a week after U.S. safety regulators began investigating the models which are powered by 3-liter V-6 engines with [...] Cesium 137 Detected in my Rain! (Radioactive Rain Detected) As you all know, I have always maintained that there is Fukushima fallout in the rain… but that the levels (even if they are unsafe) are too low for a Geiger counter to detect. My sensitive Gamma Spectrometer has now (I believe) detected Cs137 in a rain water collection bucket which concentrates, or so it seems, the [...] by NTHockey
The driver who picked us up at the airport said the economy was bad and it was hard to get jobs, especially for the young people. Yet there was lots of construction around, both private and public. In Burgos, we witnesssed a college student march. They were protesting against, what else, cuts in education. They were calling for a general strike. Police were everywhere. As an aside, Burgos must be trying [...] (Reuters) - China will raise retail gasoline and diesel prices by 6 percent to 7 percent from Tuesday, marking the biggest increase in 33 months, a move that will help refiners reduce heavy losses but is unlikely to hit demand in a big way. Retail ceiling prices will rise 600 yuan ($95) per ton, oil company officials who received official notice of the change said. After the hike, diesel will be about $1.22 [...] Wolf Richter www.testosteronepit.com In early December, Christophe de Margerie, CEO of Total, the Exxon à la Française, shocked the French when he said that there was “no doubt” that a liter of gasoline would reach €2 and that the only question was when. He cited the calamities in the news at the time to justify the skyrocketing prices of oil and gasoline—source of Total’s mega profits. He was talking his book, obviously, which isn’t illegal, [...] by ZH Just when you thought it was safe (well not really) to dip your toe back in the ocean of European equities on the back of the LTRO-enthused hope that credit contraction will cease and growth will return, we note another (perhaps more instantaneous) drag on the economic fortitude of the long-suffering people of the EU. Belgium’s Beursduivel notes that the national average price for a liter ofpetrol (gas) has reached a Euro-zone record [...] Next Big Future Nissan has released its next generation fuel cell stack (2011 model) for fuel cell electric vehicles. Through improvements to the membrane electrode assembly (MEA) and the separator flow path, Nissan has increased the stack’s power density to 2.5 times greater than its 2005 model, claiming a record among automotive OEMs’ fuel cell stacks of 2.5kW per litre. It has 85 kilowatts of [...] Per Ex-SKF, quoting the Sankei Shinbun: “A citizens’ group in Fukushima Prefecture “Fukushima Network to Protect Children from Radiation” tested the urine samples from 10 children in Fukushima City, age 6 to 16, and announced on June 30 that a small amount of radioactive materials was detected from all samples. The highest amount of cesium-134 was from an 8-year-old girl, at 1.13 becquerels per liter. [...] by ZH And so we get another example of government efficiency at work. The still taxpayer funded General Motors has just announced it will spend $109 million to keep and add 96 jobs. This amounts to $1.135 million per employee. That’s right, a carmaker is about to spend on a per worker basis, roughly what an average Goldman worker makes in base+bonus… in the hub of [...] Shell, SeaOil & UniOil are also rolling back prices of kerosene products by P2.00/liter. The rollback takes effect at 12:01AM this Sunday. Well, a Becquerel is a really small amount of radiation – 1 decay per second. 3 Becquerel is a very low level. The trick here is that what matters for health is the total radiation load (rad, rem, Sieverts are units). To convert that you need to know how long the exposure lasts and how long the radioactive iodine atoms are in the thyroid. One thing to keep in [...] by Switters It’s been a very long time since I posted here. Perhaps some of you remember me, perhaps not. Hello again in any event! I’m concerned about the radiation levels in CA. My wife is 6 months pregnant. We buy raw milk from a local farmer, and he recently had it tested by the UC/Berkeley Radiological Air and Water Monitoring team (BRAWM). They’re solid scientists and they’ve been [...] On Friday, concentrations of Iodine-131, likely originating from the events at Japan’s damaged nuclear plants, were found in rainwater samples collected from Pennsylvania’s nuclear power plant facilities. … The [Iodine-131] numbers reported in the rainwater samples in Pennsylvania range from 40-100 picocuries per liter (pCi/L). Although these are levels above the background levels historically reported in these areas, they are still about 25 times below the level [...] Ei Yoshida, head of water purification for the Tokyo water department, said at a televised news conference that infants in Tokyo and surrounding areas should not drink tap water. He said iodine-131 had been detected in water samples at a level of 210 becquerels per liter. The recommended limit for infants is 100 becquerels per liter. http://www.nytimes.com/2011/03/24/world/…
Dehydration is a health risk for little [...] by ZH And Americans are complaining at an average gas price in the mid $3 range. In Europe, gasoline has just hit an all time record of $8.632 per gallon! As HLN.be reports: “tomorrow the price of gas will reach an absolute record. Petrol 95 can hit €1.624 per litre. This breaks the 2008 record of €1.61 per liter.” Translated into American this means that a gallon of [...] |
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