DN!: On Nigeria Oil Struggle

The following report is on the new documentary from Sandy Cioffi titled “Sweet Crude”. Not surprising oil companies like Shell have used the Nigerian government to supress any of the profits from going to the people of Nigeria. The documentary goes into detail of the ongoing crisis and even in the current news [...]

Aljazeera: “US gets Grameen micro-credit bank”

http://english.aljazeera.net/NR/exeres/657EBCBE-DF5F-4C1D-9A23-C7D7A13F8112.htm
US gets Grameen micro-credit bank
http://www.grameenfoundation.org/where_we_work/united_states/
The bank is in one of America’s most ethnically-diverse neighbourhoods Grameen Bank, the micro-credit financier initially set up to help the poorest in Bangladesh, has opened its first branch in the United States.
The Bangladesh-based outfit known as the poor people’s bank plans to hand out loans to the less well-off in [...]

Al-Jazeera: Sami al-Hajj Transfered Out of Guantanamo

Sami al-Hajj hits out at US captors
Sami al-Hajj was taken to hospital immediately after arriving in Sudan Al Jazeera cameraman Sami al-Hajj has hit out at the treatment of detainees at the Guantanamo Bay military prison where he was held for nearly six and a half years.
He said that “rats are [...]

On the US International Trade & Balance

Notice the decline in both Ex & Imp but especially notice the ~$57 Billion Trade Deficit.  Here’s what Mr. Buffet said awhile on this matter.
There’s been much talk recently of sovereign wealth funds and how they are buying large pieces
of American businesses. This is our doing, not some nefarious plot by foreign governments. Our trade [...]

Oil’s New High $126

http://www.bloomberg.com/apps/news?pid=20601087&sid=aO7MgwpypNwU&refer=home
Oil Climbs Above $126 to Record as Dollar Weakens Against Euro
By Mark Shenk
May 9 (Bloomberg) — Crude oil rose above $126 a barrel in New York to a record as the dollar weakened against the euro and yen, prompting investors to buy commodities as a hedge against the currency’s decline.