I mean do these people have a clue and what are we valuing them for?
...While economic costs (click title to entry - thank you) for disaster relief and reconstruction following the March 11 earthquake and tsunami are likely to be about 3 to 5 percent of Japan's gross domestic product (GDP), "there is uncertainty attached to that," Senior Vice-President Tom Byrne said on Tuesday.
"A big source of uncertainty is from the power supply situation and that has not stabilized. There could be further costs," he told Reuters in an interview in Hanoi....
Get over it ! Even a tragedy of this enormity doesn't shut down a global market. Even the Christmas Tsunami of 2004 didn't cause large disruptions of markets in that country, if anything it increases commerce.
Though Japan appears to be set on a short-term course that includes a significant role for nuclear power, the future is geared toward a revolution in renewables, say advocates. (click here)
A protester holds a placard during an antinuclear rally in Tokyo on March 27 weeks after Japan's worst nuclear crisis began to unfold at the Fukushima nuclear power plant in the northeast. The sign reads: "Don't spread radioactive substance."
Itsuo Inouye, AP
...But a growing number of Japanese are concerned about the cost of continued investment in nuclear power and are attempting to push Japan toward replacing nuclear energy with renewables....
Japan has to rethink its energy sources. Its capacity for alternative energy is significant and given its 'logistics' on the globe it is only prudent Japan move away from CONTINUED RISK of their citizens.
Hello?
Wall Streeters are jerks. I don't believe their is another word that best describes them. They have a real God Complex. Enough is never enough and where they see 'pennies' falling out of their control they go ballistic. They should be that good and they wouldn't be crashing markets. How many of them on a given day are snorting something or chasing tail? I mean do they ever really FOCUS on the issues at hand or simply indulge is lavish lifestyles for the sake of it because they are so lousy at what they do they can lose it all the next day? I mean seriously. Moody's is not 'evaluating' anything here, they are completely shooting from the hip.
I sincerely do not believe there is much QUALITY in these folks. They make hideous statements without fact or insight to back them up.
Geithner secures more time to break US budget stalemate (click here)
3 May 2011
Last updated at 04:59 ET
...Stalemate over the talks means the US risks defaulting on its debts because it will be unable to borrow beyond its $14.3 trillion (£8.6tn) limit.
Mr Geithner had previously said the deadline for a deal was 8 July.
But in a letter to Congress he said that better tax receipts meant the deadline could be extended to 2 August....
Thank you, Tim. You manage to stay just the other side of the 'most dreaded financial expert' on the planet. Secretary Geithner seems to working overtime to be sure the 'fiscal' viability of the USA remains intact in a completely hostile House of Representatives.
I sincerely do not believe there is much QUALITY in these folks. They make hideous statements without fact or insight to back them up.
Geithner secures more time to break US budget stalemate (click here)
3 May 2011
Last updated at 04:59 ET
...Stalemate over the talks means the US risks defaulting on its debts because it will be unable to borrow beyond its $14.3 trillion (£8.6tn) limit.
Mr Geithner had previously said the deadline for a deal was 8 July.
But in a letter to Congress he said that better tax receipts meant the deadline could be extended to 2 August....
Thank you, Tim. You manage to stay just the other side of the 'most dreaded financial expert' on the planet. Secretary Geithner seems to working overtime to be sure the 'fiscal' viability of the USA remains intact in a completely hostile House of Representatives.
