By Neela Banerjee16 September 2012 FAYETTEVILLE, Georgia (Los Angeles Times) – In this southern suburb of Atlanta, the lawns skirting the million-dollar homes are lush, and the swimming pools full. But farther south, the Flint River has thinned into mud flats at a time of year when surges of white water would normally be crashing […]
By ELISABETH ROSENTHAL and ANDREW W. LEHREN7 September 2012 MIAMI – The chief executive of the century-old company from America’s heartland shifted nervously on the witness stand here as he tried to explain how a trusted senior vice president had been caught on a wiretap buying half a million dollars in smuggled merchandise, much of […]
By Terry Weiss, Money Morning Richard Duncan, formerly of the World Bank and chief economist at Blackhorse Asset Mgmt., says America’s $16 trillion federal debt has escalated into a “death spiral, “as he told CNBC. And it could result in a depression so severe that he doesn’t “think our civilization could survive it.” And Duncan […]
By Ezra Klein 28 August 2012 You can see it kind of looks like a layer cake. In fact, the folks at the Center on Budget and Policy Priorities call it “the parfait graph.” The top layer, the orange one, that’s the Bush tax cuts. There is no single policy we have passed that has […]
By Farron Cousins13 August 12 With the selection of Wisconsin Republican Representative Paul Ryan has his running mate, Mitt Romney has effectively pushed his campaign into the climate change denying fringe. While Romney hasn’t been considered a friend of the environment since he began running for national office, his tendency towards flip-flopping made some of […]
WASHINGTON, 8 August 2012 (AP) – Barack Obama promised to tackle climate change when he first ran for the White House four years ago, but – battling this summer for a second term – he speaks little of the issue even as the United States suffers through a drought of historic proportions, wild storms and […]
Caption by Aries Keck8 August 2012 Deforestation in the Amazon Rainforest takes on many different patterns. In Rondônia, a state in Western Brazil, deforestation took on the fishbone pattern revealed in these Landsat images from 1975 and 2012. Access to this remote region began with the building of a major road stretching from north to […]
RALEIGH, 2 August 2012 (AP) – North Carolina lawmakers have temporarily banned using a science panel’s recommendation to plan for rising sea levels, after the governor decided Thursday not to veto the measure. The measure has been lampooned by comedians and has drawn the ire of environmentalists. It blocks the state from adopting any rate […]
By Jill Treanor, www.guardian.co.uk31 July 2012 Germany’s biggest bank, Deutsche Bank, prepared the ground for regulatory action in the Libor rigging scandal by admitting that a “limited number” of its staff had been involved. As Swiss bank UBS insisted it was not at the centre of the interest rate debacle, Deutsche said “action had been […]
Muller’s announcement last year that the Earth is indeed warming brought him up to date w/ where the scientific community was in the the 1980s. His announcement this week that the warming can only be explained by human influences, brings him up to date with where the science was in the mid 1990s. At this […]