fukushima disaster

Fukushima disaster lays bare the cost of nuclear power

Before the Fukushima disaster, nuclear power appeared on the verge of a comeback. But in the aftermath of the Japan earthquake and tsunami, nuclear reactors worldwide have been shut down and construction of nuclear plants has been put on hold. Expensive new safety measures that may be required as a result of the Fukushima disaster

Seven banks cannot meet capital requirements in Euro stress tests

After the Greek debt crisis began to wreak havoc in European financial markets, a series of stress tests were devised to see whether European banks could handle any further shocks. After the tests were administered, it was determined that seven major European banks could not handle further strains as they did not have sufficient reserves
Close-up of the statue of an American soldier pondering the dog tags of fallen comrades. The statue is part of a Korean War Memorial located in New Jersey.

The business of a New Korean War

According to some right-wing reports, there is speculation that President Obama – in light of falling approval numbers and pressure from Israel – may push for war with Iran. Chairman of the Joint Chiefs of Staff Mike Mullen recently told “Meet the Press” that the Pentagon is in fact prepared to attack the nation bordering
Hungary toxic sluge warning sign

Hungary toxic sludge spill triggers ecological disaster

A spill of toxic sludge in Hungary larger than the 2010 gulf oil spill inundated several towns Monday, killing at least four people and injuring more than 120. At an aluminum plant in western Hungary, a reservoir holding the toxic sludge burst, flooding an area of 16 square miles. Hungary’s toxic sludge contains chemicals that
Tom Cruise, famous Scientologist. Image from Flickr.

French Court Finds Church of Scientology Guilty of Fraud

France fines for fraud The French government has never recognized the Church of Scientology as a religion. It has always viewed it as a “sect” or simply a commercial operation. Now, after two women filed complaints against the Church of Scientology, the French court has said the Church of Scientology is guilty of fraud. Now,
Silvio Berlusconi

Rome and Moscow plagued by protests and riots

Over the past few weeks, Rome and Moscow became the latest world capitals to experience protests leading to riots. Protests and riots broke out in Rome as Silvio Berlusconi survived a vote of no confidence. Riots broke out in Moscow as soccer fans and nationalists clashed with minority ethnic groups. Rome erupts in violence as
A nonplussed preacher walks away from a Bank of America ATM.

Bank of America steels itself for exposure of Wikileaks data

Wikileaks founder Julian Assange recently told British New Statesman magazine that if he is imprisoned in Guantanamo or killed – or if a serious attempt is made to shut down Wikileaks – a digital “insurance policy” that comprises 1.5 gigabytes of encrypted, incriminating data on Rupert Murdoch, News Corp. and two major financial institutions will
Solar Panels

Kiva expands P2P loans to green ideas and student loans

In 2008, a small person-to-person lending company called Kiva launched. The person-to-person lending company has now added green loans and student loans to the financing portfolio. With these new products, Kiva hopes to hit $1 billion in microloans lent by 2015. The basics of Kiva Kiva was the first major online microloan site. The nonprofit
Smokestacks billowing smoke – and greenhouse gases – into the air at sunset.

2010 named hottest year by National Climatic Data Center

It’s official, says the National Climatic Data Center: despite all the snowstorms, 2010 is tied for the hottest year on record, worldwide. Since 1880 when official world temperatures were first kept, only one year approaches 2010 as hottest year, and that’s 2005 – which is tied with 2010. USA Today reports that according to climate
Photo of an anti-whating ship.

Anti-whaling ships drive Japanese whalers from Antarctica

The suspension of the Antarctic whale hunt by Japanese ships comes amid intense anti-whaling harassment. A global whaling moratorium hasn’t stopped Japan from whaling as it contends that the practice continues for the purpose of science. But consistent harassment from the Sea Shepherd Conservation Society and Japan’s waning appetite for whale meat could end Japanese
nobel prize

Will the Internet win the Nobel Prize in 2010?

In what Al Gore must consider a real coup, the Internet could win the Nobel Peace Prize in 2010. The BBC reports that there are a record 237 individuals nominated for the award in 2010, which exceeds last year’s record of 205. President Obama won last year for his work in facilitating peace talks between
Evening photograph of Big Ben and the houses of British Parliament

LGBT group lobbies UK Parliament for heterosexual equality

Currently, domestic partnership laws in the U.K. apply only to homosexual couples, which doesn’t suit Stephanie Munro and Andrew O’Neill at all. According to Jezebel, the straight couple has drawn the support of the British LGBT organization OutRage!, which is currently campaigning the British government for heterosexual equality in domestic partnerships. According to spokesmen for
A T-shirt parody of the "Enjoy Coke" logo. This shirt reads "Enjoy Capitalism." Part of capitalism is a free market economy that would not restrict the payday loan with unnecessary (or even harmful) rate caps.

UK Office of Fair Trading says no to payday loan rate cap

Payday loan rate cap laws have circulated in various forms through the halls of state-level politics in the U.S. for years. However, not all countries that allow payday lending to serve consumers in need of easy loans are so eager to institute a rate cap that could stifle the natural price controls present within a
viktor bout merchant of death wares

Extradition of Viktor Bout, the Merchant of Death, angers Russia

Viktor Bout, an alleged international arms dealer dubbed the “Merchant of Death,” was extradited to the U.S. from Thailand on Tuesday. Bout, a Russian whose exploits inspired the 2005 movie “Lord of War” starring Nicholas Cage, has been in a Thai jail since his arrest in a 2008 sting. His extradition to face terrorism charges
An elderly woman from Kashmir

The elusive peace in Kashmir

For many years now, Kashmir had been known to be a dangerous place to live because of conflicts surrounding the region, making peace elusive among its people. The conflict, however, does not stem from the country itself like other conflict-ridden countries but from its neighbors, such as Pakistan and India. Both countries are considered nuclear

Romanian birds drank themselves to death on wine

In yet another mass bird die-off, dozens of starlings were found dead outside Constanta, Romania. There were worries that the Romanian bird die-off was due to Avian flu. However, tests revealed that the Romanian birds drank themselves to death. Mass bird die-off in Romania Dozens of starlings were found on the outskirts of Constanta, Romania,
Photo of Afghan President Hamid Karzai at the recent World Economic Forum at Davos.

President Hamid Karzai says he takes bags of cash from Iran

Afghan President Hamid Karzai has been called a “puppet president” by some and leader of a corrupt regime by others. According to Associated Press reports, Karzai has admitted he takes money from Iran and the United States – bags of cash, in fact. Some sources suggest that this anticlimactic revelation begs the question of whether