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News & Current Events
02-11-2013, 03:50 AM
Post: #31
RE: News & Current Events
Great thread, similar to Defcons who i really miss on the other forum.
I'll be checking in often
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02-11-2013, 05:18 AM
Post: #32
RE: News & Current Events
Yes cellar door is doing a good job.

Defcons stuff was very good.. although very few people commented on his threads.

Those who know, know! Big Grin
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02-11-2013, 08:11 AM (This post was last modified: 02-11-2013 02:19 PM by cellar door.)
Post: #33
RE: News & Current Events
Update:

1. China Eclipses U.S. as Biggest Trading Nation Measured in Goods

China surpassed the U.S. to become the world’s biggest trading nation last year as measured by the sum of exports and imports of goods, official figures from both countries show. U.S. exports and imports of goods last year totaled $3.82 trillion, the U.S. Commerce Department said last week. China’s customs administration reported last month that the country’s trade in goods in 2012 amounted to $3.87 trillion.

http://www.bloomberg.com/news/2013-02-09...ation.html

2. CISPA’s back: Hacking, online espionage resurrect cybersecurity bill

The Cyber Intelligence Sharing and Protection act (CISPA) will be reintroduced before the US House next week following a spate of cyber espionage and hacking attacks. The bill will be identical to the version of CISPA that passed the House last spring, but was defeated on the Senate floor in August mainly because the upper house was hammering out its own cyber security bill.
CISPA would allow for the voluntary sharing of Internet traffic between private companies and the government. The bill is purportedly intended to help the US government, especially the intelligence community, to investigate cyber threats and ensure the security of networks against cyber attack, especially those emanating from countries like China and Iran.

http://rt.com/usa/news/cispa-congress-re...e-act-825/

3. Barclays to close 'tax avoidance' unit

Barclays is to close down a controversial part of its business which helps clients avoid tax, the BBC understands. The bank will announce that part of its Structured Capital Markets (SCM) business will be axed as part of a wide-ranging strategic review. Barclays was fined £290m ($450m) over the Libor-rigging scandal last year, and has set aside nearly £3.5bn to cover possible payouts related to the mis-selling of payment protection insurance (PPI) and interest rate investment products.

http://www.bbc.co.uk/news/business-21397844

4. Panetta backs Syria rebels arms plan

The US defence secretary has acknowledged for the first time that he supports arming Syrian rebels. In testimony to Congress, Leon Panetta said he still supported the supply of weapons to rebels fighting forces loyal to Syrian President Bashar al-Assad.

http://www.bbc.co.uk/news/world-us-canada-21373367

5. $1 million reward offered as LA manhunt enters fourth day

Authorities in Los Angeles have offered a $1 million reward for information leading to the capture of a fired LA police officer sought in connection with a series of killings and threats against his former colleagues and their families. The reward was announced even as investigators continued to comb the snowy mountains around Big Bear Lake, where Christopher Dorner's burned out truck was found on Feb. 7, and hundreds of officers patrolled the neighborhoods where people live who were threatened by Dorner in an online screed.

http://usnews.nbcnews.com/_news/2013/02/...h-day?lite

6. New 3-D Printed Rifle Magazine Lets You Fire Hundreds of Rounds

In response to the upsurge in gun violence, politicians are proposing restrictions on the number of bullets that handgun and rifle magazines can hold. And just as they do, new printing technology blows holes right through that debate. The 3-D printing gunsmiths at Defense Distributed are about to release blueprints for an upgraded magazine that won’t degrade even after you fire hundreds of rounds.

http://www.wired.com/dangerroom/2013/02/...-magazine/

7. Scottish independence: David Cameron launches defence of UK

Scotland should remain part of the UK because having two governments looking after its affairs offers "the best of both worlds", David Cameron has said. The PM said on the No 10 website that he would use arguments of the "head and heart" to keep the UK together. The UK government is preparing to release an analysis paper about Scotland's role in the Union, ahead of next year's referendum on independence.

http://www.bbc.co.uk/news/uk-scotland-sc...s-21394184

8. The Cost of War Includes at Least 253,330 Brain Injuries and 1,700 Amputations

Here are indications of the lingering costs of 11 years of warfare. Nearly 130,000 U.S. troops have been diagnosed with post-traumatic stress disorder, and vastly more have experienced brain injuries. Over 1,700 have undergone life-changing limb amputations. Over 50,000 have been wounded in action. As of Wednesday, 6,656 U.S. troops and Defense Department civilians have died.

http://www.wired.com/dangerroom/2013/02/cost-of-war/

9. Putin Turns Black Gold Into Bullion as Russia Out-Buys World

When Vladimir Putin says the U.S. is endangering the global economy by abusing its dollar monopoly, he’s not just talking. He’s betting on it. Not only has Putin made Russia the world’s largest oil producer, he’s also made it the biggest gold buyer. His central bank has added 570 metric tons of the metal in the past decade, a quarter more than runner-up China, according to IMF data compiled by Bloomberg. The added gold is also almost triple the weight of the Statue of Liberty.

http://www.bloomberg.com/news/2013-02-10...world.html
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02-11-2013, 02:33 PM
Post: #34
RE: News & Current Events
I find #1 & 9 to be particularly interesting events. With two of the major nations in the BRICS bloc leading the world in gold importation in recent years, I'm starting to think an alternative gold-backed global currency is a strong possibility. Russia also has a relatively low debt to gdp ratio compared to the majority of western countries.

With #2, it was only a matter of time before CISPA or SOPA was revived.
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02-11-2013, 05:57 PM
Post: #35
RE: News & Current Events
China is already the world's largest economy if we go by purchasing power parity.

Thanks for these! you bring a good selection.

the key right now is to look for info that matters!

Those who know, know! Big Grin
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02-12-2013, 12:26 AM
Post: #36
RE: News & Current Events
(02-11-2013 05:57 PM)EVILYOSHIDA Wrote:  China is already the world's largest economy if we go by purchasing power parity.

Thanks for these! you bring a good selection.

the key right now is to look for info that matters!

Thank you sir. Do you have any suggestions for news sources or issues to generally look for, that I have missed?
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02-12-2013, 06:39 AM
Post: #37
RE: News & Current Events
I think zero hedge is a decent source for financial news.

I think you're doing a good job taking note of relevant issues etc.

the right mix of important issues with some novelty.

THANKS!

Those who know, know! Big Grin
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02-12-2013, 02:38 PM
Post: #38
RE: News & Current Events
Update:

1. Pope Resigns in Historic Move.

Pope Benedict XVI will become the first pontiff in six centuries to resign, marking the end of a transitional papacy that focused more on theological and internal renewal and less on the broader challenges that face the Roman Catholic church at the start of its 21st century of existence.

http://online.wsj.com/article/SB10001424...TopStories

2. White House to issue cybersecurity order Wednesday

The White House is poised to release an executive order aimed at thwarting cyberattacks against critical infrastructure on Wednesday, two people familiar with the matter told The Hill. The executive order would establish a voluntary program in which companies operating critical infrastructure would elect to meet cybersecurity best practices and standards crafted, in part, by the government.

http://thehill.com/blogs/hillicon-valley...-wednesday

3. North Korea Tremor Arouses Suspicion of Nuclear Test

A large tremor measured at magnitude 4.9 was detected in North Korea and governments in the region are trying to determine whether it was a nuclear test that the North Korean regime has vowed to carry out despite international protests. North Korea did not announce a nuclear test, but Japan's prime minister has called an urgent security meeting, according to chief government spokesman Yoshihide Suga.

http://abcnews.go.com/International/nort...d=18444191

4. Iran and Hezbollah build militia networks in Syria in event that Assad falls, officials say

Iran and Hezbollah, its Lebanese proxy, are building a network of militias inside Syria to preserve and protect their interests in the event that President Bashar al-Assad’s government falls or is forced to retreat from Damascus, according to U.S. and Middle Eastern officials. A senior Obama administration official cited Iranian claims that Tehran was backing as many as 50,000 militiamen in Syria. “It’s a big operation,” the official said. “The immediate intention seems to be to support the Syrian regime. But it’s important for Iran to have a force in Syria that is reliable and can be counted on.”

http://www.washingtonpost.com/world/nati...story.html

5. Yen near fresh lows versus dollar, Asian shares steady

The yen hovered near fresh lows against the dollar and Tokyo stocks jumped back near a 33-month high on Tuesday after markets took comments from a U.S. official as giving Japan the green light to pursue policies that weaken the yen as long as they help beat deflation. Asian shares were steady, with many regional bourses shut for holidays. Encouraging trade data from China late last week was lending support but non-Japan markets lacked momentum as investors awaited key events such as the U.S. president's State of the Union address for trading cues

http://www.reuters.com/article/2013/02/1...1C20130212

6. How The Fed Is Handing Over Billions In "Profits" To Foreign Banks Each Year

Over the past two weeks we have reported that just like during the spring and summer of 2011, all the cash generated by Fed excess reserves, has gone to foreign banks operating in the US, which according to the Fed, are vastly composed of European financial institutions. In other words, the cash that the Fed is creating out of thin air by monetizing the US deficit, is going solely and exclusively to European banks and a handful of other foreign banks. This can be seen both in the chart below, and is confirmed by the Fed itself, which in a paper from November 2012, admitted just this when it said that "the recent unprecedented build-up of cash balances by [foreign banks] was almost entirely composed of excess reserves."

http://www.zerohedge.com/news/2013-02-11...-each-year

7. Biden says he senses urgency for gun control

Vice President Joe Biden, speaking hours after a fatal shooting at a courthouse in his home state of Delaware, said on Monday there was an unprecedented sense of urgency among police and officials to enact gun control laws. "We can't wait, we cannot wait, the images of those innocent little children being riddled with bullet holes has gripped the conscience of the nation, and the nation is demanding that we act responsibly," he said.

http://www.reuters.com/article/2013/02/1...6T20130211

8. Who's next? 8 cardinal contenders who could succeed Pope Benedict

The bookmakers in Europe already have their favorites, but the world won't know who will succeed Pope Benedict XVI until that puff of white smoke is sent up the chimney of the conclave room next month. The College of Cardinals has no shortage of factors to consider in picking the next pope -- from age to geography -- and no dearth of potential candidates.

http://worldnews.nbcnews.com/_news/2013/...edict?lite
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02-12-2013, 06:04 PM
Post: #39
RE: News & Current Events
^ excellent selection again.

with 2 stories on the pope. This is highly significant.

Those who know, know! Big Grin
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02-12-2013, 07:33 PM
Post: #40
RE: News & Current Events
Quote:8. The Cost of War Includes at Least 253,330 Brain Injuries and 1,700 Amputations

Here are indications of the lingering costs of 11 years of warfare. Nearly 130,000 U.S. troops have been diagnosed with post-traumatic stress disorder, and vastly more have experienced brain injuries. Over 1,700 have undergone life-changing limb amputations. Over 50,000 have been wounded in action. As of Wednesday, 6,656 U.S. troops and Defense Department civilians have died.

this is so sad.

And the wars are not legitimate.

Those who know, know! Big Grin
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02-13-2013, 10:10 AM
Post: #41
RE: News & Current Events (updated daily)
Update:

1. Ex-Los Angeles cop barricaded in S. Calif. cabin

Los Angeles police are asking a former colleague who's believed to be barricaded in the San Bernardino Mountains to turn himself in and end the bloodshed. LAPD held a brief news conference Tuesday, confirming that authorities think it's Christopher Dorner who's holed up in a cabin in the Big Bear Lake area, after a shootout that wounded two officers.

http://hosted.ap.org/dynamic/stories/U/U...2-17-05-09

2. North Korea nuclear test branded 'serious threat' to US

North Korean military ambitions are a "serious threat" to the US, outgoing Pentagon chief Leon Panetta has said. In a speech made after Pyongyang carried out its third nuclear test, Mr Panetta likened the North to Iran, describing them as "rogue states". In New York, the UN Security Council "strongly condemned" the nuclear test.

http://www.bbc.co.uk/news/world-asia-21429544

3. IDF says calm on Syria border 'deceptive', terror attack likely

Military sources say escalating civil war in Syria, anti-Israel aggression fostered by Assad, increase likelihood of terror attack on what has essentially been Israel's most tranquil border thus far.

http://www.ynetnews.com/articles/0,7340,...73,00.html

4. Wrestling on verge of losing its Olympic status

Wrestling, one of the long time Olympic staples, will have to fight for a place at the 2020 Games after it lost its status of a confirmed sport on Tuesday. The jewel of the ancient Greek Olympics, was included in the modern Olympic program in 1904 and has appeared at every summer Games since then.

http://rt.com/sport/wrestling-olympic-status-games-024/

5. Obama's State of the Union to be heavy on jobs, economy

President Obama prepared Tuesday to outline plans to revive the economy by re-igniting "the true engine of America's economic growth — a rising, thriving middle class," according to excerpts from his State of the Union speech. While the economy is expected to dominate the speech, Obama also plans to announce he will pull 34,000 U.S. troops from Afghanistan over the next year, officials said, reducing the American presence by about half as part of a planned overall withdrawal to be completed by the end of 2014.

http://www.usatoday.com/story/news/polit...a/1912733/

6. G7: no currency wars

Group of Seven nations have vowed not to engage in currency wars – that is pushing down the value of their currencies to create trade advantages and boost exports. The G7 – that’s the United States, Britain, France, Germany, Japan, Canada and Italy – have agreed to consult closely on exchange rates and said government’s fiscal and monetary policies must not be directed at devaluing currencies.

http://www.euronews.com/2013/02/12/g7-no-currency-wars/

7. Comcast to take over NBCUniversal for $16.7bn

US cable provider Comcast is to acquire the full ownership of TV and film company NBCUniversal for $16.7bn (£10.7bn). Comcast will buy the 49% stake in the joint venture that it doesn't own from US industrial conglomerate General Electric (GE). It will also buy the well-known 30 Rockefeller Plaza building in New York and another property for $1.4bn.

http://www.bbc.co.uk/news/business-21437191

8. Public Prosecutor of Rome to Investigate Bilderberg Group on Allegations of Corruption and Conduct of Politicians

An Italian Lawyer from Italy, Alfonso Luigi Marra, has gone to the extraordinary length to request that the Public Prosecutor of Rome investigate the Bilderberg Group. However, rather than only implicating the Bilderberg Group as Ferdinando Imposimato is trying to do, Lawyer Alfonso Luigi Marra has even gone to the extraordinary length to implicate the Italian Prime Minister, Mario Monti.

http://www.theglobalistreport.com/bilder...stigation/
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02-13-2013, 10:12 AM
Post: #42
RE: News & Current Events (updated daily)
Quote:6. G7: no currency wars

Group of Seven nations have vowed not to engage in currency wars – that is pushing down the value of their currencies to create trade advantages and boost exports. The G7 – that’s the United States, Britain, France, Germany, Japan, Canada and Italy – have agreed to consult closely on exchange rates and said government’s fiscal and monetary policies must not be directed at devaluing currencies.


this is pretty big.. i know they have been doing competitive devaluations, but there is a limit to this. race to the bottom.

Those who know, know! Big Grin
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02-13-2013, 10:13 AM
Post: #43
RE: News & Current Events (updated daily)
Quote:8. Public Prosecutor of Rome to Investigate Bilderberg Group on Allegations of Corruption and Conduct of Politicians

An Italian Lawyer from Italy, Alfonso Luigi Marra, has gone to the extraordinary length to request that the Public Prosecutor of Rome investigate the Bilderberg Group. However, rather than only implicating the Bilderberg Group as Ferdinando Imposimato is trying to do, Lawyer Alfonso Luigi Marra has even gone to the extraordinary length to implicate the Italian Prime Minister, Mario Monti.

interesting. Don't think this will get anywhere.

Wonder if he is a Catholic.

Those who know, know! Big Grin
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02-13-2013, 11:32 AM
Post: #44
RE: News & Current Events (updated daily)
I like the 8 new story format!

the key today is getting the important news. NOISE REDUCTION!

the DAILY 8 brought to you buy CELLAR DOOR!

Those who know, know! Big Grin
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02-13-2013, 11:29 PM
Post: #45
RE: News & Current Events (updated daily)
Great job cellar door, thanks
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