LOST IN THE DARK RIDE http://higge.com/blog Somewhere out in space Wed, 25 Feb 2009 08:56:21 +0000 http://wordpress.org/?v=2.7.1 en hourly 1 LostInTheDarkRidehttp://feedburner.google.com Asia stocks pull up on financials, yen slips http://feedproxy.google.com/~r/LostInTheDarkRide/~3/k3msE-WQKMk/ http://higge.com/blog/2009/02/asia-stocks-pull-up-on-financials-yen-slips/#comments Wed, 25 Feb 2009 08:56:21 +0000 Thinker http://higge.com/blog/2009/02/asia-stocks-pull-up-on-financials-yen-slips/               Text: HONG KONG: Asia stocks edged up on Wednesday as reassuring comments from Federal Reserve Chairman Ben Bernanke sparked a rebound in battered financial shares, while the yen slid further on Japan’s mounting economic and political troubles. Safe-haven government bonds retreated as investors shifted funds into riskier assets, while gold steadied after having soared in the past few weeks on mounting fears about the financial health of countries trying to contain the crisis. Bernanke said the government did not have plans to nationalise major banks at this stage,…

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]]> http://higge.com/blog/2009/02/asia-stocks-pull-up-on-financials-yen-slips/feed/ http://higge.com/blog/2009/02/asia-stocks-pull-up-on-financials-yen-slips/ U.S. stocks rally on Bernanke comments http://feedproxy.google.com/~r/LostInTheDarkRide/~3/uyMDOgmF0dY/ http://higge.com/blog/2009/02/us-stocks-rally-on-bernanke-comments/#comments Wed, 25 Feb 2009 08:56:21 +0000 Thinker http://higge.com/blog/2009/02/us-stocks-rally-on-bernanke-comments/ By Herbert Lash U.S. stocks jumped on Tuesday, a day after sliding to a 12-year low, and the appeal of safe-haven assets waned after Federal Reserve Chairman Ben Bernanke signalled the nationalization of major banks was not planned. Bernanke expressed faith that the banking system could be stabilized and that authorities were on the right path in taking time to fully diagnose the health of top U.S. banks. “If I thought the banks were irrevocably damaged, I would have a different view, but I do believe our major banks have significant franchise values,” Bernanke said in testimony before the Senate…

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]]> http://higge.com/blog/2009/02/us-stocks-rally-on-bernanke-comments/feed/ http://higge.com/blog/2009/02/us-stocks-rally-on-bernanke-comments/ Holocaust denying Bishop thrown out of Argentina http://feedproxy.google.com/~r/LostInTheDarkRide/~3/1Qn4JezZHsA/ http://higge.com/blog/2009/02/holocaust-denying-bishop-thrown-out-of-argentina/#comments Wed, 25 Feb 2009 08:56:21 +0000 Thinker http://higge.com/blog/2009/02/holocaust-denying-bishop-thrown-out-of-argentina/ The Holocaust denying Bishop, Richard Williamson, is on board a British Airways flight back to London after being asked to leave his post by the Argentinian Government. Wearing a black baseball-style cap embroidered with the ‘Sacred Heart of Jesus’ and rock star sunglasses, the ultra conservative bishop, a member of the…

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]]> http://higge.com/blog/2009/02/holocaust-denying-bishop-thrown-out-of-argentina/feed/ http://higge.com/blog/2009/02/holocaust-denying-bishop-thrown-out-of-argentina/ Fraud investigators raid Anglo Irish Bank http://feedproxy.google.com/~r/LostInTheDarkRide/~3/WzGzXgIWyKU/ http://higge.com/blog/2009/02/fraud-investigators-raid-anglo-irish-bank/#comments Wed, 25 Feb 2009 08:56:21 +0000 Thinker http://higge.com/blog/2009/02/fraud-investigators-raid-anglo-irish-bank/ Fraud investigators raided the headquarters of Anglo Irish Bank in Dublin yesterday morning, compounding the economic woes of the Irish Republic and helping to send its stock market to a 14-year low. The troubled bank, which is the biggest lender in Ireland, was raided by the Office of the Director of Corporate Enforcement (ODCE), supported by about 25 police officers. The bank has a significant exposure to the falling British property market. The regulator said…

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]]> http://higge.com/blog/2009/02/fraud-investigators-raid-anglo-irish-bank/feed/ http://higge.com/blog/2009/02/fraud-investigators-raid-anglo-irish-bank/ State’s apathy towards Missing Children http://feedproxy.google.com/~r/LostInTheDarkRide/~3/ARQl-U449KU/ http://higge.com/blog/2009/02/states-apathy-towards-missing-children/#comments Wed, 25 Feb 2009 08:56:21 +0000 Thinker http://higge.com/blog/2009/02/states-apathy-towards-missing-children/ India is a classic case where often the basic human rights of poor citizens are thrown into air and disregarded by the State authorities. Nobody could forget the gruesome rapes/mutilation and barbaric killings of innocent children by the M.S. Pandher & his domestic-aide Surndra Koli, who were…

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]]> http://higge.com/blog/2009/02/states-apathy-towards-missing-children/feed/ http://higge.com/blog/2009/02/states-apathy-towards-missing-children/ Anger builds over sale of looted China relics http://feedproxy.google.com/~r/LostInTheDarkRide/~3/YODfbkrFw4U/ http://higge.com/blog/2009/02/anger-builds-over-sale-of-looted-china-relics/#comments Wed, 25 Feb 2009 08:56:20 +0000 Thinker http://higge.com/blog/2009/02/anger-builds-over-sale-of-looted-china-relics/ Nickkita Lau and agencies Wednesday, February 25, 2009 ADVERTISEMENT Members of the Democratic Alliance for the [...]]]> Members of the Democratic Alliance for the Betterment and Progress of Hong Kong gathered outside the French consulate yesterday to protest against today’s auction in Paris of two bronze relics looted from the Summer Palace 150 years ago. //–> Nickkita Lau and agencies Wednesday, February 25, 2009 ADVERTISEMENT Members of the Democratic Alliance for the Betterment and Progress of Hong Kong gathered outside the French consulate yesterday to protest against today’s…

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]]> http://higge.com/blog/2009/02/anger-builds-over-sale-of-looted-china-relics/feed/ http://higge.com/blog/2009/02/anger-builds-over-sale-of-looted-china-relics/ Gaddafi says Israel, not Bashir, behind Darfur war http://feedproxy.google.com/~r/LostInTheDarkRide/~3/BiDysbFktCE/ http://higge.com/blog/2009/02/gaddafi-says-israel-not-bashir-behind-darfur-war/#comments Wed, 25 Feb 2009 08:56:20 +0000 Thinker http://higge.com/blog/2009/02/gaddafi-says-israel-not-bashir-behind-darfur-war/ TRIPOLI (Reuters) - Libyan leader Muammar Gaddafi, the current African Union president, on Tuesday accused “foreign forces” including Israel of being behind the Darfur conflict. Judges from the International Criminal Court are due to announce on March 4 whether they will issue a warrant for the arrest of Sudanese President Omar Hassan…

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]]> http://higge.com/blog/2009/02/gaddafi-says-israel-not-bashir-behind-darfur-war/feed/ http://higge.com/blog/2009/02/gaddafi-says-israel-not-bashir-behind-darfur-war/ Bernanke: Recession may end in ‘09; Stocks climb http://feedproxy.google.com/~r/LostInTheDarkRide/~3/IjopOP6pXmY/ http://higge.com/blog/2009/02/bernanke-recession-may-end-in-09-stocks-climb/#comments Wed, 25 Feb 2009 08:56:20 +0000 Thinker http://higge.com/blog/2009/02/bernanke-recession-may-end-in-09-stocks-climb/ Comments NEW YORK (Map, News) - Federal Reserve Chairman Ben Bernanke has reassured Wall Street by telling Congress the recession might end this year. In his semiannual report to the Senate Banking Committee, Bernanke predicted the economy is likely to keep contracting in the first six months of 2009. But he also said “there is a reasonable prospect” the recession will end this year. He warned that a recovery will require getting credit and financial markets to operate normally. While Bernanke’s assessment of the economy helped ease some pressure on the market, it also came after days of heavy selling that left the Dow Jones industrial average and the Standard & Poor’s 500 index near 12-year…

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]]> http://higge.com/blog/2009/02/bernanke-recession-may-end-in-09-stocks-climb/feed/ http://higge.com/blog/2009/02/bernanke-recession-may-end-in-09-stocks-climb/ Consumer confidence plummets to new low in Feb. http://feedproxy.google.com/~r/LostInTheDarkRide/~3/_reA2NyLRJU/ http://higge.com/blog/2009/02/consumer-confidence-plummets-to-new-low-in-feb/#comments Wed, 25 Feb 2009 08:56:20 +0000 Thinker http://higge.com/blog/2009/02/consumer-confidence-plummets-to-new-low-in-feb/ Comments NEW YORK (Map, News) - Americans’ already battered confidence in the economy went into free fall in February, sinking to new lows as consumers grow more fearful over massive job cuts and shrinking retirement accounts. Fresh economic news out Tuesday likely will compound their gloom. Major retailers including Target Corp., Home Depot and Macy’s Inc. (M, News) reported depressed fourth-quarter results. Another widely watched index showed home prices tumbled by the sharpest annual rate on record and Federal Reserve Chairman Ben Bernanke said the economy is suffering through a “severe contraction” that’s likely to keep shrinking in the first half of this year. The New York-based…

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]]> http://higge.com/blog/2009/02/consumer-confidence-plummets-to-new-low-in-feb/feed/ http://higge.com/blog/2009/02/consumer-confidence-plummets-to-new-low-in-feb/ US Govt to tighten grip on banks http://feedproxy.google.com/~r/LostInTheDarkRide/~3/esRmOIBufCs/ http://higge.com/blog/2009/02/us-govt-to-tighten-grip-on-banks/#comments Wed, 25 Feb 2009 08:56:20 +0000 Thinker http://higge.com/blog/2009/02/us-govt-to-tighten-grip-on-banks/ WASHINGTON - The United States Government yesterday moved towards dramatically expanding its ownership stakes in American banks - with Citigroup, the struggling titan of the industry, apparently top of the list. Wall St responded as it has with the rollout of almost every other plan to fix the financial crisis, taking a big drop and sending the Dow Jones industrials to its lowest level in a dozen years. The Treasury…

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