Egypt’s central bank will start foreign-exchange auctions tomorrow in order to preserve foreign reserves after they plunged to “minimum and critical” levels. The North African nation’s central bank said the sales and purchases of U.S. dollars will take place periodically and aim to “preserve foreign-currency reserves and ration their use,” according to an e-mailed statement today.
Comments: FAMINE. Egypt imports half of what they eat. Without foreign currency they will starve. So, look for the heads of Egypt to come to the US with a hand out.
Note: Before the Arab Spring - trade with Israel and tourism were Egypt´s two biggest sources of foreign currency.
People protesting George Zimmerman´s acquittal marched along Crenshaw Boulevard on Monday night, stomping on cars, chasing bystanders and storming a Wal-Mart. Several protesters made their way into the Wal-Mart as guards scrambled to close security gates. A short while later, Los Angeles Police Department officers wearing helmets and carrying batons swarmed the store as others marched through the parking lot.
"Basically you have the government regulating and making business more difficult, and you have the Fed trying to compensate for it." Star of the History Channel reality series “Pawn Stars” Rick Harrison said government over-regulation is “making business more difficult” and forcing the economy to require artificial stimulation Friday on “Squawk Box.”
WASHINGTON (AP) - Military leaders are ready to begin tearing down the remaining walls that have prevented women from holding thousands of combat and special operations jobs near the front lines. Under details of the plans obtained by The Associated Press, women could start training as Army Rangers by mid-2015 and as Navy SEALs a year later
Like many of my fellow Americans, I’m getting pretty concerned about a fringe group in our country that’s growing increasingly isolated and paranoid. Worse, we now have indications that this group is lashing out in ignorance and fear. It’s time that we finally confront the problem of federal workers’ growing anti-citizen extremism.
The US government has blocked a Texas-based company from distributing details online of how to make a plastic gun using a 3-D printer. The ban, by the State Department citing international arms control law, comes just days after the world´s first such gun was successfully fired. Defense Distributed, the company that made the prototype, stated on Twitter that its project had "gone dark" at the instigation of the government. The company is run by Cody Wilson, a 25-year-old University of Texas law student who has said the idea for freely distributing details about how to produce the guns online was inspired by 19th century anarchist writing. Wilson argues everyone should have access to guns.
Barry Diller, chairman of Newsweek parent company IAC, admitted Monday on Bloomberg that purchasing the embattled magazine was a mistake. “There are some magazines that have no competition essentially in their field, luxury magazines,” Diller said. “Advertisers must advertise in them. But for a news magazine … it was not possible to print it any longer. So we said we will offer a digital product. We have a very, very solid newsroom, and we’ll see. I don’t have great expectations. I wish I hadn’t bought Newsweek. it was a mistake.”
WASHINGTON (AP) — President Barack Obama vowed Friday to fight with Planned Parenthood against what he said were efforts across the country to turn women´s health back to the 1950s. Obama´s comments were the first to be delivered by a sitting president before the abortion-rights group. He lauded the group´s nearly 100 years of service to women, providing cancer screenings, contraceptives and other health services.
Stocks closed out the first quarter on a high note with the Dow logging its strongest quarter in 15 years and the S&P 500 piercing through levels last seen in 2007 to end at a record high near 1,570. The S&P finally surpassed its closing high level of 1,565.15 shortly after the market open after flirting with the milestone for weeks, recovering all its losses from the financial crisis.
Phil Henderson is at a tipping point. His small business, Henderson Properties in Charlotte, has 48 employees and seven job openings. But he’s considering a hiring freeze.Phil Henderson is at a tipping point. His small business, Henderson Properties in Charlotte, has 48 employees and seven job openings. But he’s considering a hiring freeze. The growing company, which handles property management, maintenance and real estate sales, could use the extra hands, Henderson says. But if he hires two more employees, he’ll reach the 50-employee threshold that requires small business owners to comply with President Barack Obama’s new Patient Protection and Affordable Care Act.
While other members of Congress are hosting gun-control advocates for Tuesday´s State of the Union address, Rep. Steve Stockman has given one of his visitor´s gallery tickets to Ted Nugent, the conservative gun-rights supporter. "I am excited to have a patriot like Ted Nugent joining me in the House Chamber to hear from President Obama," Mr. Stockman said in a statement announcing the choice. "After the address I´m sure Ted will have plenty to say."
President Obama´s health care law will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to the latest estimates from the Congressional Budget Office released Tuesday. CBO said that this year´s tax cuts have changed the incentives for businesses and made it less attractive to pay for insurance, meaning fewer will decide to do so. Instead, they´ll choose to pay a penalty to the government, totaling $13 billion in higher fees over the next decade.
Army National Guard Maj. Shawn Fulker is thousands of miles away serving in Afghanistan, and when his wife´s birthday came around, he decided he wanted to do something very special. Josephine Fulker loves Mellow Mushroom pizza, so her husband emailed Mellow Mushroom´s corporate website on Thursday to ask whether one of the company´s Jacksonville stores could deliver a pizza and a $50 gift card to his wife at their Jacksonville, Fla., home. If they could, he said, he would call the store and pay for it with his credit card. Link repaired by staff
In 2008 and then again in 2012, after retired four-star General Colin Powell endorsed and then voted for Barack Obama, the former Secretary of State´s sanity was already in question. At least now, after having his email account hacked by high-level security-breacher Guccifer, Colin Powell´s besmirching of the Republican Party´s "shift to the right" and "identity crisis" finally makes sense. It seems that for years the mannerly and always professional Colin Powell has been cyber-comporting with a 46-year-old Romanian European Parliament member, Social Democrat, and past spokesperson for Romanian president Ion Iliescu named Corina Cretu
Conservatives have for years attempted to put our finger upon precisely why Barack Obama strikes us as queer in precisely the way he does. There is an alienness about him, which in the fever swamps is expressed in all that ridiculous Kenyan-Muslim hokum, but his citizen-of-the-world shtick is strictly sophomore year — the great globalist does not even speak a foreign language. Obama has been called many things — radical, socialist — labels that may have him dead to rights at the phylum level but not down at his genus or species. His social circle includes
For nearly a year, we have had no answer to why the administration lied about Benghazi — why it told the world, not to mention the parents of our murdered SEALs at the funeral of their sons, that the cause of that fatal conflagration was an anti-Islamic video no one saw, when the various arms of our executive branch (White House, State and intelligence) already knew, or strongly suspected, it was a terror attack orchestrated by al-Qaeda affiliates. You only have to read the now infamous talking points to know that. That this lie was deeply immoral is obvious.
He thought he was a woman trapped in a man’s body — but it turns out he’s “just another boring straight guy.” ABC News editor Don Ennis strolled into the newsroom in May wearing a little black dress and an auburn wig and announced he was transgender and splitting from his wife. He wanted to be called Dawn. But now he says he suffered from a two-day bout of amnesia that has made him realize he wants to live his life again as Don. “I accused my wife of playing some kind of cruel joke, dressing
WASHINGTON — Former Massachusetts lawmaker Barney Frank revealed that he doesn’t believe in God. During Friday’s appearance on HBO’s “Real Time With Bill Maher,” Frank, who championed the decriminalization of pot while serving in the House of Representatives, admitted to smoking marijuana and being an atheist. “You were in a fairly safe district. You were not one of those congress people who would have to worry about every little thing,” Maher said to Frank. “You could come on this show and sit next to a pot-smoking atheist and it wouldn’t bother you.”
The truth about Benghazi, the Associated Press/James Rosen monitoring, the IRS corruption, the NSA octopus, and Fast and Furious is still not exactly known. Almost a year after the attacks on our Benghazi facilities, we are only now learning details of CIA gun-running, military stand-down orders, aliases of those involved who are still hard to locate, massaged talking points, and the weird jailing of Nakoula Basseley Nakoula. We still do not quite know why Eric Holder’s Justice Department went after the Associated Press or Fox News’s James Rosen — given that members of the administration were themselves illegally leaking
Washington--As hundreds of commuters emerged from Amtrak and commuter trains at Union Station on a recent morning, an armed squad of men and women dressed in bulletproof vests made their way through the crowds. The squad was not with the Washington police department or Amtrak’s police force, but was one of the Transportation Security Administration’s Visible Intermodal Prevention and Response squads — VIPR teams for short — assigned to perform random security sweeps to prevent terrorist attacks at transportation hubs across the United States.(Snip)With little fanfare, the agency best known for airport screenings has vastly expanded its reach
A poll released Friday by Public Policy Polling found that Alaska voters would pick former Secretary of State Hillary Clinton over the state´s former Republican governor, Sarah Palin, if the two women were to face off in the 2016 presidential election. Clinton led with 49 percent in the hypothetical match-up, with Palin at 40 percent, a nine-point gap. As of July 3, Republicans comprised 27 percent of the state´s registered voters and Democrats made up just 14 percent. The last time Alaskans opted for the Democrats´ presidential candidate was in 1964. Clinton trails five other hypothetical GOP candidates –
In an interview for The Guardian Weekend magazine, actor Matt Damon recently weighed in with his thoughts on how President Barack Obama has handled the scandals that have engulfed his administration since the spring. Damon, a vocal supporter of the president since his 2008 campaign for national office, said that Obama is overcompensating for his lack of military background with his tough response to controversies like how the government is responding to National Security Agency leaker Edward Snowden. The actor said that Obama is allowing himself to “get bullied” and is acting as though is “manhood”
Republican National Committee Chairman Reince Priebus threatened to pull the group’s partnership with NBC and CNN for 2016 GOP presidential primary debates if the networks moved ahead with plans to air films on Hillary Clinton. “If they have not agreed to pull this programming prior to the start of the RNC’s Summer Meeting on August 14, I will seek a binding vote stating that the RNC will neither partner with these networks in 2016 primary debates nor sanction primary debates they sponsor,” Preibus said in a statement. In individual letters to CNN President Jeff Zucker and NBC Chairman Robert Greenblatt,
The Pentagon has placed its elite cadre of special operations teams on full alert to launch preemptive attacks against suspected al Qaeda targets across the globe, according to reports. The American special forces teams have spent the past week waiting for U.S. military and intelligence officials to confirm the whereabouts of the terror cell plotting to attack U.S. diplomatic outposts in the Mideast and North Africa. Unnamed sources told CNN on Monday that the teams were poised to carry out the preemptive strikes, but declined to comment on where the U.S. forces were located or which potential
Oprah Winfrey on Monday said the killings of Trayvon Martin and Emmett Till are the "same thing." This transpired during an interview with The Grio that aired on NBC´s Today show. OPRAH WINFREY: It´s so easy during this time: Trayvon Martin, Trayvon Martin parallel to Emmett Till, let me just tell you. In my mind, same thing. But you can, you can get stuck in that and not allow yourself to move forward and to see how far we´ve come. Really? Martin and Till are the same thing?