Recent Headlines

Sign of Crisis- Higher Food Inflation-

    The folks at the USDA released their projections for 2011/2012-food price inflation. The bad news is that feeding ourselves will cost ~4% more in 2011. The good news is that USDA thinks prices will rise only ~2.5% next year. Read more:

Abbas Appeals to the World’s Conscience

Source: Spiegel International At the UN on Friday, Palestinian Authority President Mahmoud Abbas appealed for recognition of an independent Palestinian state in a statesmanlike speech. His appearance may have won Palestinians sympathy abroad — but it does little to advance their cause. He kept the most dramatic statement for the […]

The pope in Berlin

source. GERMANY took a much-needed breather this week from its unsought role as eurozone saviour to engage in some painful soul-searching on faith and religion. The reason for the change in gear? The first official visit to his home country by German-born Pope Benedict XVI. Hopes that the brief […]

FPI Makassar Damaged Ahmadiyya Headquarters

Source/Credit: By Ahmadiyya Times | August 14, 2011 Makassar: Several hundred members of the Islamic Defenders Front (FPI) in Makassar, South Sulawesi, destroyed the headquarters of the Ahmadiyya Muslim Community, a local news channel reported. Metro TV released a video report of the attacks that took place on Saturday, […]

Fed to keep interest rates low until 2013

Source / Courtesy: Yahoo News NEW YORK (CNNMoney) — The Federal Reserve painted a much gloomier picture of the economy Tuesday, and indicated it would keep cash cheap and easy for at least two more years. Following its fifth policymaking meeting of the year, the central bank also surprised Wall […]

Rebekah Brooks arrested over UK phone-hacking scandal

Source/Credit: CNN and Associated Press London (CNN) — Former News of the World editor Rebekah Brooks was arrested Sunday in connection with British police investigations into phone hacking and police bribery, her spokesman told CNN. She is being quizzed by police in London after having come in by appointment, a Metropolitan Police spokesman said. […]