The death toll in the sweltering heat sweeping many parts of the country climbed to 1826 today, with 414 lives being claimed by the scorching sun in Andhra Pradesh and Telangana since yesterday. –India Express
Hospitals in India are struggling to cope with an influx of victims of a blistering heat wave that has claimed nearly 1,800 lives in just over a week. Hundreds of people – mainly from the poorest sections of society – die at the height of summer every year in India but this year’s figures are unusually high. In southern Andhra Pradesh – by far the worst-hit state – 1020 people have died since May 18, more than double the number of heat-related deaths for the whole of last year. In neighboring Telangana, where temperatures hit 48 degrees Celsius over the weekend, 340 people have died from the heat recently compared to 31 in the whole of last year. “Heat wave conditions in 2015 so far have been of a shorter duration, yet with a higher death toll,” said the Centre for Science and Environment’s Arjuna Srinidhi on Thursday.
Many in Spain are starting to figure out that the only way to survive is to get your money out of the bank. Accounts can just be frozen as they did to the Russians living in Spain, demanding they prove the source of their funds. Banco Madrid has had its funds frozen while the government tries to figure out if it will rescue the bank or not. Meanwhile, people who saved their money cannot get access to it. People are starting to wise up here and are looking at taking their money out of the banks and placing it in alternatives, such as real estate and stocks, or investments outside of the country.
Europe has routinely cancelled currencies in the past, and they will use that option again if they suddenly decide to move to electronic, perhaps in October.
Inflation is a very real thing. The Fed continues to downplay the impacts of inflation to support their ongoing easy monetary policy. What this has created is an inflated stock market and hot money chasing into other asset classes including real estate. This wouldn’t be such an issue if your typical working American family was benefitting. Instead, it is assisting larger financial institutions and big investors to pick up assets in all segments of the real economy and consequently crowds out regular buyers. Inflation is the end outcome of all this kind of action. More easy money chasing the same number of goods in the economy. The way inflation is measured is odd and it also understates the impact being pushed onto younger Americans. How is this the case? The CPI gives very little weight to educational costs yet for many attending college, this is by far their biggest expense. Let us look at inflation in various segments going back to 2000.
If you’ve bought in the last two years you will be underwater sleeping with the fishes like Luca Brasi (from “The Godfather”) in the not too distant future. – Jim Quinn, The Burning Platform
Anyone seeing a surge in “Coming Soon” signs on top of realtor signs? I drive all around Denver almost everyday surveying the housing market from a “boots on the ground” perspective. I’m seeing both a lot more “coming soon” and “for rent” signs in every neighborhood. For those who don’t know, “coming soon” just means that one broker has an exclusive right to sell a home for short period of time before it’s listed officially in the MLS database. It represents “for sale” inventory that does not get picked up by NAR estimates for about three months (NAR inventory numbers lag).
An oversight committee looking at the health of folks living in the Fukushima Prefecture of Japan near the stricken Fukushima Daiichi nuclear power facility has found that the thyroid cancer rate in young people has jumped by an astounding 6,000% throughout the region since the disaster first occurred back in 2011.
Reports indicate that, since January of this year, 16 new cases of thyroid cancer have emerged, bringing the total number of young people diagnosed with the disease to 103. Correspondingly, as many as 127 people have been diagnosed with or are suspected of having thyroid cancer, according to Japan’s Asahi Shimbun.
The Fukushima Voice reports that, as of March 31, all 16 identified cases have been confirmed as definitive papillary thyroid cancer, with an additional nine suspected cases. The figures represent reported cases from both the first round of initial screening, which included looking at 368,000 individuals 18 years and younger, as well as a second round.
Meet Gulmurod Khalimov, the US-trained and funded former commander of Tajikistan’s special forces, who, as Reuters reports, has now gone to Syria to fight with ISIS. He has a message: “Listen, you American pigs, I’ve been three times to America, and I saw how you train fighters to kill Muslims…God willing, I will come with this weapon to your cities, your homes, and we will kill you.” The big question is – was he ‘recorded’ as a moderate when America considered funding and training his elite special forces unit?
Markets this week have been all about renewed dollar strength, with precious metals side-lined. The only notable move was when gold lost $20 and silver 40c on Tuesday, following holidays in the US and UK on Monday.
The reason for the sudden fall was the dollar strengthened against the euro, which faces a possible Greek exit, and also the yen for unspecified reasons other than its recent consolidation looks to be over. In the case of the yen, the chart level of ¥123 was comprehensively taken out, clearing the way to a run north of €130 (note that a higher number is a weaker yen).
Did you really think that Baltimore would return to normal after everything that has happened? On Thursday, a mother and her 7-year-old son were both shot in the head in a double murder that has shocked the entire nation. Police believe that the son may have been shot in order to prevent him from identifying the individual that shot his mother. So is this what America is turning into? A place where 7-year-old kids are executed in cold blood? That mother and son were the 37th and 38th murder victims in the city of Baltimore so far this month. That makes this the deadliest month in Baltimore in 15 years, but because of all the controversy surrounding the death of Freddie Gray, police in Baltimore are afraid to do their jobs at this point. In some areas of the city, young men boldly smoke weed in public and wave guns around at innocent bystanders without any worry that police will intervene. Baltimore has descended into a state of lawlessness, and this is just the beginning. As I discussed just the other day, the same kind of lawlessness will soon sweep all across this country.
The Obama administration on Wednesday claimed unprecedented power over this nation’s waterways; laying claim to all of America’s creeks, wetlands, rivers, lakes, and yes even ditches and ponds.
Through the Environmental Protection Agency and the Army Corp of Engineers the Obama administration says they have the authority to control all U.S. waterways – and they plan to use this power to claim control and authority of even the smallest body of water on private land.
Under the new EPA regulations, which were unconstitutionally granted by President Obama, The EPA has decided that it can regulate isolated wetlands and ponds on private lands and in farmer’s fields by designating them “regional treasures.”
Today, I am releasing a report submitted by Jeff Barber and his wife, from El Paso, Texas. The Barbers decided to investigate 47 a mile stretch of “open border” between Mexico and the United States. Barber obviously examined the claims that I made, via a Judicial Watch report, which stated that ISIS had a base camp only 8 miles from El Paso. Mr. Barber provided me with the results of his investigation. Below are key excerpts from the Barber report.
“I have personal confirmation from a Mexican law enforcement officer that there are two ISIS cells in Chihuahua state.
According to studies, over 10,000 water immersion auto accidents occur each year and over 300 people on average, perish before getting out. How many of you know what to do? Do you wait until the car has filled up with water so the car is pressurized and you can escape more easily? This is s common answer, but could get you killed. Many die because they have received the wrong information on how to escape a sinking vehicle. Breathing from a bubble of trapped air, kicking out a window or waiting until the car touched bottom all yields a less than 10 per cent survival rate.