Written by Foras Teamhrach
“Standard & Poor’s, the self-righteous credit-rating agency, has a damn lot of nerve. It provoked scary headlines by solemnly threatening to "short" America. That is, downgrade the credit-worthiness of US Treasury bonds unless Congress and the president oblige creditors by punishing the citizenry with severe budget cuts.” … “News coverage on S&P’s credit warning typically [...]
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Written by Foras Teamhrach
Iceland Referendum Result April 10th – A final count showed 59.7 percent of voters said no to the “Icesave agreement,” while 40.1 percent said yes, with voter turnout estimated at 75 percent, the National Electorate Commission said yesterday. Icelanders rejected a depositor claims accord with the U.K. and Netherlands, forcing an international court battle that [...]
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Written by Foras Teamhrach
Guardian – Japan has begun pumping nitrogen gas into a crippled nuclear reactor, refocusing the fight on preventing an explosive buildup of hydrogen gas at Fukushima Daiichi power plant. Workers started injecting nitrogen into the containment vessel of reactor No 1 on Wednesday last night, after a morning breakthrough in stopping highly radioactive water leaking [...]
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Written by Foras Teamhrach
“For weeks TEPCO and the Japanese government have tried to assure us that the crisis at Fukushima is stabilising and that the situation is under control. However, the recent decision to dump over 15,000 tonnes of highly radioactive water directly into the sea seems to suggest just the opposite. TEPCO’s decision to further contaminate the [...]
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