March 14th, 2011 by Belisarius
My thoughts are with the earthquake and tsunami victims in Japan. If you would like to help, you can make a donation via. the International Federation of Red Cross and Red Crescent Societies (IFRC) web site.
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March 14th, 2011 by Belisarius
“It’s quite striking how complex civilizations can fall apart really, really quickly… we seem at the moment, bombarded by shock events,” Niall Ferguson, Professor of History at Harvard University and author of ‘The Ascent of Money’ told CNBC on Western civilization.
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March 14th, 2011 by Belisarius
Fukushima I Nuclear Power Plant Reactor 3 explosion on March 14, 2011.
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March 14th, 2011 by Belisarius
*** Bloomberg: Japan Battles Nuclear Meltdown as Millions Without Power, Water ***
*** Bloomberg: Japan Adds $183 Billion to Economy, Doubles Asset Purchases ***
*** The Big Picture: Japan’s Emergency Warning System Gave 30 Seconds Quake Warning ***
*** FT Alphaville: Super-catastrophe and super-banking risk ***
*** FT Alphaville: Greek debt: restructured ***
*** Newsweek: How to Get Gaddafi ***
*** JESSE’S CAFÉ AMÉRICAIN: Gold Daily and Silver Weekly Charts – In the Silver Pit No One Can Hear You Screaming ***
*** Kid Dynamite’s World: PSLV – Sprott Registers to Sell – Sold To You Sucka ***
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March 14th, 2011 by Belisarius
Baltic dry index rose 16.0% last week; Capesize Index was up 32.5%; Panamax Index rose 7.5%; Supramax Index increased 4.2%; Handysize Index was up 3.7%.
Judging from increase in dry bulk rates and an end of raw materials stockpiling economic activity in China is accelerating after the holidays. Iron ore, steel and thermal coal prices down on increased stockpiles.
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March 14th, 2011 by Belisarius
Number of crude oil drilling rigs rose for 26; Number of natural gas drilling rigs fell for 17.
On world scale number of oil & gas drilling rigs rose for 100 in February.
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