Sat Mar 23, 2024 11:33 pm by globalturbo
And There Shall Be Distress of Nations With Perplexity …
Posted on March 27, 2013 by END TIME HEADLINES
Police restrain crowd from taking food after supermarket eviction - AUGUSTA, GA - Law
enforcement officials pushed back hundreds of people who were crowding
around a large pile of merchandise outside an Augusta grocery store
Tuesday afternoon. But the goods sitting in the parking lot of the Laney
Supermarket didn’t make into anyone’s hands. Instead, the food people
hoped to take home was tossed into the trash. ”People have children out
here that are hungry, thirsty, could be anything. Why throw it away when
you could be issuing it out?” asked Robertstine Lambert. The Marshal of
Richmond County, Steve Smith, says the food wasn’t theirs to give away,
so they had to trash it. ”We don’t have authority to take possession of
the property; we just have to make sure that it’s handled, disposed of
by law,” Smith, said. SunTrust Bank in Atlanta owns the property and
they’re sending the merchandise to the landfill after evicting the
Chois, the owners of the grocery store. The Chois didn’t want to speak
on camera but they say they were kicked out by the bank because they owe
them thousands of dollars. They say they offered the food to a church,
but members didn’t show up to claim it. That’s when word that store
products were abandoned spread through the community. More
Cyprus Banks Open as Guards Prepare for Battle – Cyprus
reopens its banks on Thursday while limiting withdrawals, banning
cheques and curbing the use of Cypriot credit cards abroad, among
measures imposed to avert a bank run after it agreed a tough rescue deal
with international lenders. The Central Bank said banks would open
their doors at midday (6 a.m. EST) on Thursday after nearly two weeks
when Cypriots could only get cash through limited ATM withdrawals. A
central bank official said Cypriots would be allowed to withdraw no more
than 300 euros ($380) a day. Yiangos Demetriou, head of internal audit
at the Central Bank, said on state television that the controls would
allow unlimited use of credit cards within Cyprus, but set a limit of
5,000 euros per month abroad. He said the measures would last four days
but could be reviewed. More
Cyprus to reopen banks, impose capital controls - Cypriots are expected to descend in their thousands on Thursday on banks,
which reopen with tight controls imposed on transactions to prevent
fleeing depositors from cleaning out the vaults in a catastrophic bank
run. The east Mediterranean island fears a stampede at banks almost two
weeks after they were shut by the government as it negotiated a 10
billion euro ($12.78 billion) bailout package with the European Union to
escape financial meltdown. The rescue deal is the first in Europe’s
single currency zone to impose losses on bank depositors, raising the
prospect that savers will panic and scramble to get at their cash. More
Russia to ban cash transactions over $10,000 - Russia
may ban cash payments for purchases of more than 300,000 rubles (around
$10,000) starting in 2015. The move is expected to boost banks’ cash
reserves and put a damper on Russia’s shadow economy. However, the
middle class will most likely end up having to pay the price for the
scheme. Moscow is looking to kill two birds with one stone: Firstly,
it wants to bring some of the population’s “grey” income out of the
shadow; secondly, it wants to increase the volume of cash reserves in
the banks. The government’s bill will introduce the new rule to the
State Duma. The document was prepared by the Ministry of Finance and
approved by the government. The restrictions on cash transactions will
develop in two phases. In 2014, a ban on cash payments for purchases
worth more than 600,000 rubles (about $19,500) will be introduced; the
limit will then be halved to 300,000 rubles in 2015. Furthermore, the
document introduces mandatory, cash-free, salary payments. More
Not Even Gold Will Be Able To Save You From What Is Coming - Marc Faber,
who authors the Gloom Boom & Doom newsletter, is usually pretty
bearish on stocks and bullish on gold. Lately, though, gold doesn’t seem
like it can catch a bid. ”Despite the continued reverberations
regarding the Cyprus bailout and its involvement of bank deposits, gold
struggled to maintain the positive momentum created in the first two
weeks of March and instead now looks very likely to move lower, towards
$1580/oz,” wrote Deutsche Bank commodities analyst Xiao Fu in a note this morning. So, what does Faber have to say about it? This morning, on Bloomberg Surveillance with Tom Keene and Alix Steel, Dr. Doom was asked why gold wasn’t holding up. More
Acropolis Bomb: Blast Near Athens Landmark – A
bomb has exploded near the Acropolis in central Athens causing damage
but no injuries. Apparently targeting the house of one of the country’s
shipping magnates, the blast close to Greece’s most famous ancient
monument occurred at about 8:30pm local time (6.30pm GMT), following a
warning call to a Greek newspaper. Police said an anonymous caller
contacted a Greek daily at 8:10pm (6.10pm GMT), saying the bomb would
explode at 8:30pm outside the home of shipowner Nikos Tsakos. Officers
immediately evacuated the area. The bomb had reportedly been left in a
black backpack outside the entrance of the property. More
Police arrest Chicago school protesters as they block downtown streets…
Ruby Martinez showed up because Lafayette Elementary isn’t just where
she works or sends her own kids, it’s her family. Brandon Lee rode a
bus to the rally, angry that his school whose doors are open seven days a
week to students like him is closing. And lunchlady Takeeva Thompson
sat on the freezing asphalt of LaSalle Street “because children deserve
to know somebody cares.” That is until police removed her. Protesters
descended en masse onto Daley Plaza Wednesday to denounce a historic
number of schools closing, mainly on Chicago’s South and West Sides, an
act that resulted in more than 100 protesters removed and ticketed. More
Could Violence In Egypt Spin Out Of Control – My articles over the last two months have been somewhat brushed with an alarmist tone that is characteristically alien to my normally dry writings. But never since February 2011 have
I been more genuinely worried about Egypt than I am right now. The
reason for my profoundly increased sense of worry is that the potential
for a wider outbreak of politically induced violence has become more
alarming than ever before. A few days ago, clashes erupted between
protesters, Muslim Brotherhood members
and policemen by the Brotherhood’s headquarters atop the Muqattam hill.
More than 250 were injured, according to one report, some of whom were
grievously wounded. Some of those who came to the protest appeared to
have been set on clashing from the start, while others were perhaps
drawn into them through the heat of the events. While we’ve become no
strangers to images and stories of violence, there was nonetheless
something this time that was just more personal in all the violence. More
Chinese navy makes waves in South China Sea- The
appearance of a Chinese navy flotilla at an island chain 1,120 miles
from its home shores is a clear sign that the new Communist regime is
moving to enforce its claims to the entire South China Sea, experts said
Wednesday. James Shoal is 50 miles from the coast of Malaysia, one of
several countries that have appealed to the United States for help in
countering China’s aggressive attempt to seize 1 million square miles of
fishing and energy resources. The Chinese military drills in the
southernmost part of the sea show that the Obama administration’s “Asia
Pivot,” which the White House said will refocus U.S. defense assets from
the Middle East to East Asia, has produced few results for countries
such as the Philippines and Japan, says Michael Auslin, an East Asia
specialist at the American Enterprise Institute. More
N. Korea: War with South may break out ‘at any time’ – Reclusive North Korea is
to cut the last channel of communications with the South because war
could break out at “any moment”, it said on Wednesday, days after
warning theUnited States and South Korea of nuclear attack. The move is the latest in a series of bellicose threats from North Korea in response to new UN sanctions imposed after its third nuclear test in
February and to “hostile” military drills under way joining the United
States and South Korea. The North has already stopped responding to
calls on the hotline to the US military that supervises the heavily
armed Demilitarized Zone (DMZ) and the Red Cross line that has been used
by the governments of both sides. More
Thanks to: http://endtimeheadlines.wordpress.com
Posted on March 27, 2013 by END TIME HEADLINES
Police restrain crowd from taking food after supermarket eviction - AUGUSTA, GA - Lawenforcement officials pushed back hundreds of people who were crowding
around a large pile of merchandise outside an Augusta grocery store
Tuesday afternoon. But the goods sitting in the parking lot of the Laney
Supermarket didn’t make into anyone’s hands. Instead, the food people
hoped to take home was tossed into the trash. ”People have children out
here that are hungry, thirsty, could be anything. Why throw it away when
you could be issuing it out?” asked Robertstine Lambert. The Marshal of
Richmond County, Steve Smith, says the food wasn’t theirs to give away,
so they had to trash it. ”We don’t have authority to take possession of
the property; we just have to make sure that it’s handled, disposed of
by law,” Smith, said. SunTrust Bank in Atlanta owns the property and
they’re sending the merchandise to the landfill after evicting the
Chois, the owners of the grocery store. The Chois didn’t want to speak
on camera but they say they were kicked out by the bank because they owe
them thousands of dollars. They say they offered the food to a church,
but members didn’t show up to claim it. That’s when word that store
products were abandoned spread through the community. More
Cyprus Banks Open as Guards Prepare for Battle – Cyprusreopens its banks on Thursday while limiting withdrawals, banning
cheques and curbing the use of Cypriot credit cards abroad, among
measures imposed to avert a bank run after it agreed a tough rescue deal
with international lenders. The Central Bank said banks would open
their doors at midday (6 a.m. EST) on Thursday after nearly two weeks
when Cypriots could only get cash through limited ATM withdrawals. A
central bank official said Cypriots would be allowed to withdraw no more
than 300 euros ($380) a day. Yiangos Demetriou, head of internal audit
at the Central Bank, said on state television that the controls would
allow unlimited use of credit cards within Cyprus, but set a limit of
5,000 euros per month abroad. He said the measures would last four days
but could be reviewed. More
which reopen with tight controls imposed on transactions to prevent
fleeing depositors from cleaning out the vaults in a catastrophic bank
run. The east Mediterranean island fears a stampede at banks almost two
weeks after they were shut by the government as it negotiated a 10
billion euro ($12.78 billion) bailout package with the European Union to
escape financial meltdown. The rescue deal is the first in Europe’s
single currency zone to impose losses on bank depositors, raising the
prospect that savers will panic and scramble to get at their cash. More
Russia to ban cash transactions over $10,000 - Russiamay ban cash payments for purchases of more than 300,000 rubles (around
$10,000) starting in 2015. The move is expected to boost banks’ cash
reserves and put a damper on Russia’s shadow economy. However, the
middle class will most likely end up having to pay the price for the
scheme. Moscow is looking to kill two birds with one stone: Firstly,
it wants to bring some of the population’s “grey” income out of the
shadow; secondly, it wants to increase the volume of cash reserves in
the banks. The government’s bill will introduce the new rule to the
State Duma. The document was prepared by the Ministry of Finance and
approved by the government. The restrictions on cash transactions will
develop in two phases. In 2014, a ban on cash payments for purchases
worth more than 600,000 rubles (about $19,500) will be introduced; the
limit will then be halved to 300,000 rubles in 2015. Furthermore, the
document introduces mandatory, cash-free, salary payments. More
Not Even Gold Will Be Able To Save You From What Is Coming - Marc Faber,who authors the Gloom Boom & Doom newsletter, is usually pretty
bearish on stocks and bullish on gold. Lately, though, gold doesn’t seem
like it can catch a bid. ”Despite the continued reverberations
regarding the Cyprus bailout and its involvement of bank deposits, gold
struggled to maintain the positive momentum created in the first two
weeks of March and instead now looks very likely to move lower, towards
$1580/oz,” wrote Deutsche Bank commodities analyst Xiao Fu in a note this morning. So, what does Faber have to say about it? This morning, on Bloomberg Surveillance with Tom Keene and Alix Steel, Dr. Doom was asked why gold wasn’t holding up. More
Acropolis Bomb: Blast Near Athens Landmark – Abomb has exploded near the Acropolis in central Athens causing damage
but no injuries. Apparently targeting the house of one of the country’s
shipping magnates, the blast close to Greece’s most famous ancient
monument occurred at about 8:30pm local time (6.30pm GMT), following a
warning call to a Greek newspaper. Police said an anonymous caller
contacted a Greek daily at 8:10pm (6.10pm GMT), saying the bomb would
explode at 8:30pm outside the home of shipowner Nikos Tsakos. Officers
immediately evacuated the area. The bomb had reportedly been left in a
black backpack outside the entrance of the property. More
Ruby Martinez showed up because Lafayette Elementary isn’t just where
she works or sends her own kids, it’s her family. Brandon Lee rode a
bus to the rally, angry that his school whose doors are open seven days a
week to students like him is closing. And lunchlady Takeeva Thompson
sat on the freezing asphalt of LaSalle Street “because children deserve
to know somebody cares.” That is until police removed her. Protesters
descended en masse onto Daley Plaza Wednesday to denounce a historic
number of schools closing, mainly on Chicago’s South and West Sides, an
act that resulted in more than 100 protesters removed and ticketed. More
Could Violence In Egypt Spin Out Of Control – My articles over the last two months have been somewhat brushed with an alarmist tone that is characteristically alien to my normally dry writings. But never since February 2011 haveI been more genuinely worried about Egypt than I am right now. The
reason for my profoundly increased sense of worry is that the potential
for a wider outbreak of politically induced violence has become more
alarming than ever before. A few days ago, clashes erupted between
protesters, Muslim Brotherhood members
and policemen by the Brotherhood’s headquarters atop the Muqattam hill.
More than 250 were injured, according to one report, some of whom were
grievously wounded. Some of those who came to the protest appeared to
have been set on clashing from the start, while others were perhaps
drawn into them through the heat of the events. While we’ve become no
strangers to images and stories of violence, there was nonetheless
something this time that was just more personal in all the violence. More
Chinese navy makes waves in South China Sea- Theappearance of a Chinese navy flotilla at an island chain 1,120 miles
from its home shores is a clear sign that the new Communist regime is
moving to enforce its claims to the entire South China Sea, experts said
Wednesday. James Shoal is 50 miles from the coast of Malaysia, one of
several countries that have appealed to the United States for help in
countering China’s aggressive attempt to seize 1 million square miles of
fishing and energy resources. The Chinese military drills in the
southernmost part of the sea show that the Obama administration’s “Asia
Pivot,” which the White House said will refocus U.S. defense assets from
the Middle East to East Asia, has produced few results for countries
such as the Philippines and Japan, says Michael Auslin, an East Asia
specialist at the American Enterprise Institute. More
N. Korea: War with South may break out ‘at any time’ – Reclusive North Korea isto cut the last channel of communications with the South because war
could break out at “any moment”, it said on Wednesday, days after
warning theUnited States and South Korea of nuclear attack. The move is the latest in a series of bellicose threats from North Korea in response to new UN sanctions imposed after its third nuclear test in
February and to “hostile” military drills under way joining the United
States and South Korea. The North has already stopped responding to
calls on the hotline to the US military that supervises the heavily
armed Demilitarized Zone (DMZ) and the Red Cross line that has been used
by the governments of both sides. More
Thanks to: http://endtimeheadlines.wordpress.com
