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Entries Tagged as 'Current events'

Congress Questions The Fed’s Independence

September 5th, 2009 · 12:52 am

The US Congress is considering a bill that would make the Federal Reserve subject to Congressional audits. A bill, entitled the Federal Reserve Transparency Act, would give Congress’ Government Accountability Office (GAO) the ability to audit the Fed’s decisions on monetary policy and its dealings with foreign central banks and foreign governments. Until now the [...]

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Street View By Google May Contain Privacy Issues In Switzerland

September 1st, 2009 · 6:42 am

A government official in Switzerland is demanding that Google turn off its street view map service citing privacy issues. One cause of concern was that numerous vehicle license plates and human faces were not blurred in the street view maps. The official is asking that Google shut down the service until it conforms to Swiss [...]

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Sale Of Nortel Sparks Protests In Canada

August 18th, 2009 · 8:02 am

Nortel was once the object of hatred for causing the savings of many Canadians to plummet following an accounting scandal and the drop of stock prices. Now the company is a surprising object of nostalgia in protests against its sale to foreign investors. Many Canadians are asking their government to review the estimated $1.13 billion [...]

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Ahmadinejad Sworn Into Second Term As Iran’s President Within An Environment Of Protest

August 7th, 2009 · 2:46 am

Two months after the massive protests in Iran, Mahmoud Ahmadinejad was sworn into a second term as president. There were scattered protests in the streets, where Basij militia and armed police patrolled to hush opposition. However, the “million strong” protest, organized by the opposition, failed to materialize. Even within the government there was open protest, [...]

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Iowa School System Considering Buying Cell Phone Jammers

August 1st, 2009 · 2:12 am

If deemed legal, an Iowa school system may purchase cell phone jamming equipment. Earlier this month, the school system passed a motion to allocate 5000 dollars to purchase technology to block cell phone signals at school. The school would require that the cell phone jamming equipment would need to be capable of turning off easily [...]

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US Military Advisor In Iraq Says “Time To Go Home”

July 31st, 2009 · 7:18 am

In a very blunt memo, a US advisor, Col. Timothy R. Reese, in Iraq stated that even though there are numerous deficiencies in Iraqi forces, they are now capable of protecting the Iraqi government, and it is now time for US soldiers to return home. Forces on the ground have grown concerned that in recent [...]

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Pakistan Improves Targeting Capabilities For Guided Missles

July 30th, 2009 · 8:08 am

Pakistan’s military once used Google Earth to plan air assaults on targets. The lack of precision offered by off-the-shelf consumer satellite technology may have lead to undesired damage or fatalities. Recently Pakistan’s Airforce has improved its targeting capabilities for guided missles, which will greatly contribute to its fight against the Taliban in the Swat Valley [...]

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Declining Home Prices Beginning Slow

July 28th, 2009 · 6:07 pm

For the fourth consecutive month, home pricing are showing improvements according to Standard & Poor’s. Home prices improved in 13 of the 20 cities measured in the study Standard & Poor’s Case-Shiller Home Price Index. Of the cities that showed a drop in prices, Las Vegas was the worst with a Las Vegas with 2.6 [...]

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Homelessness Among Veterans Produce Record Numbers In Tent City

July 26th, 2009 · 8:27 pm

Stand Down*, an annual three-day tent city, helps veterans whose lives have seen hardship and are part of the Department of Veterans Affairs’ efforts to provide services to homeless veterans. In recent days, Stand Down events have seen record numbers as veterans struggle to find gainful employment within the environment of this economic slowdown. The [...]

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New Antitrust Policy For Federal Government

July 26th, 2009 · 8:09 pm

Top antitrust officials and senior democratic law makers are seeking to focus on industries that may be plagued with antitrust concerns. This is a major reversal on the previous administration’s policy of not prosecuting large, dominant companies who have engaged in antitrust practices. Some of the cases being reviewed by the antitrust chief at the [...]

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