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Wed, 02 May 2012 06:21:33

Unemployment at Record High in Euro Zone

Unemployment in the euro zone rose to a new high in March, according to data released Wednesday which is likely to intensify calls for an easing of the region’s austerity drive. Unemployment in the 17 countries that belong to the euro zone rose to 10.9 percent in April from 10.8 percent in March, Eurostat, the European Union statistics agency, said Wednesday. In March 2011, the rate was 9.9 percent, a number that illustrates the deterioration of the area’s economy during the last ye..

 

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Mon, 12 March 2012 05:01:10

An Iran-Israel war will be main market mover in 2012

Speculation has been running high in recent weeks that Israel may undertake a military operation to strike Iran’s nuclear facilities in a pre-emptive attack. That speculation went into overdrive last week after the Washington Post ran an article saying that U.S. defense secretary Leon E. Panetta believed an Israeli strike on Iranian nuclear facilities could occur as early as spring. Richard Russell, writer of the Dow Theory Letter, believes that an attack is coming and market behavior pr..

 

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Wed, 25 January 2012 17:09:30

The Great Pacific Garbage Patch

\"The Great Pacific Garbage Patch\" was discovered accidentally by yachtsman Charles Moore and his crew, who decided to take a shortcut back home to California, after competing in a sailing race to Hawaii. Their 1997 shortcut took them into an area of the North Pacific known as the “doldrums”. This region of high atmospheric pressure has been historically avoided by mariners because it is renowned for a lack of wind that becalmed sailing ships. It is a zone where many maritime cu..

 

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Mon, 23 January 2012 05:28:38

RIP SOPA The Internet Kills Its Attackers

Be honest: When this week began, how much did you really know about SOPA? Five days ago, the Stop Online Piracy Act was still a relatively obscure House bill. Sure, your average geek knew what was contained within; Mashable, in common with other tech news sites, had been covering it from all angles for weeks. Go Daddy had seen the wrath of the online community firsthand when it tried to support the bill. But the silence from primetime network news, where most Americans still get their informati..

 

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