U.S. Stocks Drop as Savings Rate Hits 15-Year High, Oil Falls – Bloomberg.com
June 26 (Bloomberg) — U.S. stocks fell as the highest American savings rate in 15 years spurred concern that spending will slow, while falling oil drove down energy producers. The dollar dropped after China’s central bank reiterated a call for a worldwide currency.
Somewhere, in hippie heaven, Jerry Garcia is chuckling into his beard. The late titan of tie-dye, whose love of the colourful T-shirt style became a sartorial trademark during his reign as frontman of the Grateful Dead, would surely be chuffed that hippie fashion, an oxymoron to the most stylish of snobs, is making a big comeback.
Thai Health Ministry confirms 3 new cases of flu – Nationmultimedia.com
INFLUENZA 2009
Thai Health Ministry confirms 3 new cases of flu
By Pongpong Sarnsamak
The Nation
WHO Chief: Swine Flu Has “Pandemic Potential”
MEXICO CITY — A new swine flu strain that has killed as many as 68 people and sickened more than 1,000 across Mexico has “pandemic potential,” the World Health Organization chief said Saturday, and it may be too late to contain the sudden outbreak.
The disease has already reached Texas and California, and with 24 new suspected cases reported Saturday in Mexico City alone, schools were closed and all public events suspended in the capital until further notice _ including more than 500 concerts and other gatherings in the metropolis of 20 million.
New Guinea Tribe Sues The ‘New Yorker’ For $10 Million – Forbes.com
In an April 21, 2008, New Yorker story, “Vengeance Is Ours,” Pulitzer Prize-winning geology scholar Jared Diamond describes blood feuds that rage for decades among tribes in the Highlands of New Guinea. Diamond tells the story using a central protagonist: Daniel Wemp, member of the Handa clan, a blood-thirsty warrior bent on avenging his uncle’s death. That quest, writes Diamond, touched off six years of warfare leading to the slaughter of 47 people and the theft of 300 pigs.
Water Crisis Rocks LA, Mexico City; Who’s Next? | CommonDreams.org
WASHINGTON — Water, water hardly anywhere. Water crises are rocking two of the world’s largest cities as Mexico City starts a 36-hour water cutoff and Los Angeles is in the midst of a water dearth.
The problem, however, is far wider than two of the most populous cities in the Western Hemisphere. Beijing, the capital of China, has a serious water shortage. The Israelis and the Palestinians are at loggerheads over control of the key aquifers west of the River Jordan that are vital to sustain both peoples. An unprecedented world population of 6.8 billion people — more than three times that of 80 years ago — and the inexorable reality of global climate change are guaranteed to make the long-term crisis worse.
Japan Looks To Comic Books To Rescue Economy
While other countries bail out banks, slash interest rates and prop up struggling industries, Japan is pinning its hopes for economic recovery on a less likely source: manga comic books.
BBC NEWS | Asia-Pacific | Indonesian dam burst toll rises
At least 77 people are now known to have been killed when a dam burst near the Indonesian capital, Jakarta.
Rescue workers have resumed searching for more than 100 people feared missing after about 400 homes were deluged in the Tangerang district early on Friday.
Visiting the scene, President Susilo Bambang Yudhoyono promised to help families reconstruct their homes and pledged to rebuild the dam.
Residents likened the onrush of water to the impact of a tsunami.
Torrents of water mixed with boulders and debris crashed through a 70m (230ft) gash in the dam, sweeping away buildings in the Cirendeu suburb.