Govt to urge wider remit for IMF at finance summit - The Daily Yomiuri
Posted by: admin in Today NewsGovt to urge wider remit for IMF at finance summit - The Daily Yomiuri
 Voice of America |
Fluffeh alerts us to a report of a fungus that naturally produces diesel fuel, or something very close to it. “A fungus that lives inside trees in the Patagonian rain forest naturally makes a mix of hydrocarbons that bears a striking resemblance to diesel, biologists announced this day. And the fungus can grow on cellulose, a major component of tree trunks, blades of grass and stalks that is the most abundant carbon-based plant material on Earth. … [T]the paper’s authors admit that the technique is far from any sort of industrial production. ‘This report presents no information on the cost-effectiveness or other details to make G. roseum an alternative fuel source,’ they write.” NPR has an interview with the fungus’s discoverer. Read more of this story at Slashdot. Filed under: Deals, Housing, Financial Crisis The real estate market is as bad as it gets, so lenders are getting cold feet about big projects. Even Donald Trump, who can usually work magic filling his buildings with tenants, is running into problems. (It should be noted he has never been good at the casino business and spends too much time doing Television junk like The Apprentice). Trump might not have much of an argument. He wants an extension to the loan for his residential tower in Chicago, which means a portion of its has lapsed. Why the banks involved, including Germany’s largest bank, Deutsche Bank (NYSE: DB), would do that’s unclear. According to The Wall Street Journal, “The suit demands — among other things — that an extension provision in the original loan agreement be triggered because of the unprecedented financial crisis in the credit markets now prevailing, in part due to acts Deutsche Bank itself participated in.” In other words, the financial crisis nearly rises to the level of being an “act of God.” Not quite, but getting close. Trump’s real problem is not the banks. Since everyone in the U.S. is poor, no one wants to purchase his high-priced Chicago condominiums. A lawsuit won’t solve that. Douglas A. McIntyre is an editor at 24/7 Wall St. Trump sues lenders originally appeared on BloggingStocks on Sat, 08 Nov 2008 12:40:00 EST. Please see our terms for use of feeds. dunezone writes “As the election ends, news is coming out from both campaigns on what happened behind shut doors. During the summer, the Obama campaign had their systems hacked, but so did McCain — and not by each other, but by a third party. ‘… both the FBI and the Secret Service came to the campaign with an ominous warning: “You have a problem way more massive than what you understand,” an agent told Obama’s team. “You have been compromised, and a serious amount of files have been loaded off your system.” The following day, Obama campaign chief David Plouffe heard from White Home chief of staff Josh Bolten, to the same effect: “You have a real problem … and you have to deal with it.” The Feds told Obama’s aides in late August that the McCain campaign’s personal system had been similarly compromised.’” Also from the article: “Officials at the FBI and the White House told the Obama campaign that they believed a foreign entity or organization sought to gather information on the evolution of both camps’ policy positions — information that might be useful in negotiations with a future administration.” Read more of this story at Slashdot. npongratz writes “Standing at six feet tall and growing an inch per hour, a corpse flower is set to bloom at the Milwaukee Public Museum. You can keep tabs on this once-in-six-years event in streaming 1080p HD (using VLC), or a lower-bandwidth image feed. A live feed from the smelloscope is unfortunately a few centuries away from being invented.” Read more of this story at Slashdot. Last night, around 11pm, all the major networks announced that Senator Barack Obama had won the election. Soon after, Senator McCain conceded. There were no crazy partisan court hearings, just a simple election. This is your opportunity to speak about it and what it means for the future of our nation. Read more of this story at Slashdot. |
Powered by WordPress, Mandigo theme by tom.
Entries (RSS)
and Comments (RSS).