On Wednesday Russia blamed Western countries for creating the current turmoil in Africa by arming Libyan rebels, Timothy Heritage and Gabriela Baczynska of Reuters report.
“Those whom the French and Africans are fighting now in Mali are the [same] people who … our Western partners armed so that they would overthrow the Gaddafi regime,” Russian Foreign Minister Sergey Lavrov told a news conference.
The toppling of Libyan ruler Muammar Qaddafi led to ”perhaps the greatest proliferation of weapons of war from [...]
Archaeologists in Guatemala announced the discovery of the second-known reference to the “end date” of the Mayan calendar, found inscribed on panels recently uncovered at the La Corona archaeological site.
The panels are 1,300 years old, and are considered one of the most significant hieroglyphic discoveries in decades.
[Dr. David Stuart, University of Texas at Austin]:
“I was very amazed and amused yesterday to notice that that panel records the date of the [...]
PHNOM PENH, Cambodia (AP) — He’s no Castro or Chavez, but Asia’s longest serving ruler has set what appears to be a personal record for longest public speech: 5 hours and 20 minutes.
by Tyler Durden
It seems the Muppets have been well-and-truly Oscar’d this time. Combining Goldman’s once-in-a-lifetime equity buying opportunity position recommendation with their short Treasuries trade has produced an astoundingly un-positive return of -17.5% in just 48 days (based on SPY (stocks) and TBT (ultra-short TSYs given duration and beta). Extrapolated using the only tool that counts (Birinyi’s famous ruler) this means your account is Corzined by the end of June 2013.
Percentage performance of the [...]
We thought that Jeremy Siegel, Laszlo “the Ruler” Birinyi and Jim Altucher were optimistic with their stock market targets. Sadly, with their equal to or less than 20,000 Dow Jones predictions, the three merely come off as rank amateurs, especially when compared to the forecast of BNP’s head of fixed income Philippe Gijesels, who sees the stock market at 100,000 at some point over the next 25 years. However, unlike [...]
Kim Jong Un recently took a trip to a North Korean theme park, Mangyongdae Funfair, The Telegraph reports, and in comments broadcast on state television, the young ruler offered an unusually damning opinion on the park.
“Pathetic” he said as he noticed a damaged path near a Viking-themed ride. He also pointed out peeling paint and faults with a rollercoaster.
“I had no idea the park could be so pitiful,” Kim reportedly said.
Everyone’s favorite perma-bullish stand-in for Cramer, Fast Money’s Scott Wapner, seemed lost for words when Boston Properties CEO Mort Zuckerman laid down some basic truthiness on the state of the US economy “We have the most stimulative fiscal and monetary policy in the history of this country and here we are three years into the recession and it’s not ended. I think we may be heading for an even weaker economy this year than [...]
February 4, 2012
More than 30 years after another American president allowed a fallen Persian Gulf dictator to enter the U.S., President Barack Obama has allowed the ex-ruler of Yemen to visit New York City for medical reasons, provoking protests from those opposed to the decision.
President Ali Abdullah Saleh, who ruled Yemen for 21 years until he resigned under pressure in November 2011, reportedly arrived in Manhattan last month [...]
We have previously described the change in market structure post the mid-year USA ratings downgrade as the impossible was suddenly made possible. Nowhere is this more evident than in the huge difference in cumulative distance traveled by the S&P 500. Considering close-to-close changes from the beginning of the year, we see that the average shift of 6 points per day (pre-USA-downgrade) has more than doubled post the downgrade to 12.6 points per day. The [...]
The Sunni Muslim war on the Shiite-Allawite ruler of Syria and the Shiite-led regime of Iraq has gained deadly momentum in the last 48 hours, debkafile’s military sources report. Friday, Dec. 23, two suicide bombers blew up cars loaded with explosives at the Syrian state security building and intelligence center in the heart of Damascus, killing at least 40 military personnel and civilians, and injuring dozens more. It was the [...]
Back in August, the news that Venezuela ruler Hugo Chavez had decided to repatriate his gold from London vaults made headlines and was one of the key catalysts sending gold to its all time highs north of $1900/oz. Since then the story died down with no updates. Until today: Bloomberg has reported that Venezuela will receive the first shipment of gold reserves being repatriated from U.S., Canadian and European banks [...]
November 24, 2011
The US administration is reportedly planning to replace the Bahraini ruler, King Hamad bin Isa Al Khalifa, over his failure to end months of protests in the country.
According to a report published by Islam Times, Washington has urged King Hamad to restore peace and stability to the country by end of 2011 even at the price of his resignation.
The report also says that Washington wants to replace King [...]
Mustafa Abdul-Jalil, the chairman of the National Transitional Council and de fact president, had already declared that Libyan laws in future would have Sharia, the Islamic code, as its “basic source”.
But that formulation can be interpreted in many ways – it was also the basis of Egypt’s largely secular constitution under President Hosni Mubarak, and remains so after his fall.
Mr Abdul-Jalil went further, specifically lifting immediately, by decree, one law from [...]
As opposed to what many talking Pollyannas have been broadcasting for the last month or two, companies are progressively downplaying their earnings outlooks. It would appear that along with every 401(k) holder, TBTF CEO, and CNBC anchor, even CEO/CFOs are now hoping for more QE.
If earnings are ‘the mother’s milk of stock returns’, then management are increasingly reducing that flow [...]
August 11, 2011, at 9:29 pm
by Jim Sinclair in the category General Editorial
Now that we have reached $1752.20 gold, what should you do?
Stay firm in your disciplines. During this entire market chasing strength in gold has proven dangerous more often than not. Angels should be looked at for the mad trader as areas to lighten, not double up. You can win this game with a ruler, but you [...]
A big name in the desert … Sheikh Hamad Bin Hamdan Al Nahyan’s handywork
A DESERT sheikh has carved out a big name for himself – by having his moniker etched in capital letters visible from space.
Workmen scoured “HAMAD” into the sand on the orders of Abu Dhabi’s ruler Sheikh Hamad Bin Hamdan Al Nahyan.
The name is two miles across – with letters a kilometre high. It is so [...]
And just like that, the short trap is set: following some sideways movement over the past several months, in which the market grotesquely, mockingly did not proceed in a straight line up, unlike the 8 month “Birinyi Ruler” period from August to March which extrapolated to about S&P 2,800 in 2 years, some (naive) investors speculated that the Fed may be losing control of [...]
Yemeni President Ali Abdullah Saleh has accepted a political deal brokered by neighboring Arab countries that would have him step down from power after 30 days in exchange for immunity for himself and his close relatives, according to a presidential aide.
The apparent softening of the longtime ruler’s recalcitrant stance that he would remain in power until the end of his term in 2013 comes [...]
by Phoenix Capital Research
As noted in yesterday’s essay, Bernanke and pals’ claims that the US is in a recovery due to the fact the stock market has rallied are totally bogus. Bernanke is measuring his success in US Dollars, which incidentally happens to be a ruler that he can continually shrink with his policies
Much as someone might claim they’ve grown in height because they use a shorter ruler to measure [...]
Clinton made no mention of any U.S. military assistance in her remarks to reporters before flying to Geneva for talks with diplomats from Russia, the European Union and other powers eager to present a united anti-Gaddafi front.
Shortly before she left, two senators urged the administration to help arm a provisional government in Libya, where Gaddafi is in the midst of the desperate and increasingly violent [...]
Sultan Qaboos Bin Said, the countryâ€™s ruler since 1970 number is up. Check Intrade.
“Six people were killed in Oman on Sunday, a government hospital said, after police opened fire with rubber bullets at protesters demanding political reform.
Earlier reports on Sunday had put the toll at two.
The roads to the Gulf state’s key industrial area Sohar, home to a refinery port and aluminium factory, has been [...]
Kermit was earlier on CNBC, killing microphones with 20,000Hz+ chirping, delivering a presentation on the merits of using rulers as a market extrapolation tool. And in case anyone is not convinced to whip our their own (ruler) and see just how the S&P is expected to hit 2,854 or some ballpark number by September 4, 2013 (precisely), here is how he got that number: [...]
Since it is obvious that Bernanke is now taking his central planning tips from Laszlo “Let Me Just Whip Out My Ruler” Birinyi, and is dead set on growing the market in basically a flat line (there has been no volatility in stocks in the past 6 months – none), we decided to extrapolate the market based on the Woods Hole event, and determine [...]
Mohamed Hussein Tantawi Soliman (born 31 October 1935) is an Egyptian military officer. He holds the rank of Field Marshal and has served in the government of Egypt as Minister of Defense and Military Production since 1991; he is commander-in-chief of the Egyptian Armed Forces.
Tantawi received his commission on 1 April 1956 serving in the infantry, and he participated in the wars of 1956, 1967, and 1973. [...]