"The United States’ prized top AAA credit rating has been cut for the first time ever. Standard & Poor’s has dropped America’s ranking to AA+. The destructive force is the crippling debt which Congress has struggled to agree on how to tackle, with only an 11th-hour deal to raise the amount allowed. S&P says that’s not enough - and falls far short of what’s needed to stabilize the government’s runaway borrowing. But the Obama administration says the analysis is way off, and will damage any recovery."
"In the past week alone 2.5 trillion dollars have been wiped off the value of global stocks.
That is why world leaders and policy makers have been scrambling over the weekend, trying to find a way out of the turmoil on the international markets caused by the debt crises in Europe and the United States."
"Conflicting and confused messages from Europe’s policy makers have raised concerns that next week may worsen the eurozone debt crisis.
Fresh worries over Europe’s bailout mechanisms this week hastened fears of another recession and saw stocks suffer their heaviest losses since 2008."
"European finance ministers have expressed confidence in the US economy, in spite of the country’s credit rating being downgraded for the first time in history.
However, China - which holds the vast majority of US debt - is far from happy.
Leaders there have criticised what they called Washington’s "addiction" to debt. "
DARPA’s mirror-killing membrane could change astronomy, allow total global surveillance 2013 12 06
When it launches in 2018, the James Webb Space Telescope will let us see deeper into the universe than ever before. Its enormous eye is centered around 18 octagonal mirrors which assemble to form the largest telescope mirror ever built, but someday even the James Webb Telescope (formerly the Next-Gen Space Telescope) will outlive its usefulness — and then what ...
The Nightwatchman: Crime-predicting robot aims to patrol our streets and schools 2013 12 06 Get Ready. They’ll be watching.
These new robots that are an unnerving mix between Star Wars’ R2-D2 and Doctor Who’s Daleks, are being touted as the new way to "monitor, map, and secure" the humans around them.
The robots are purported to replace security guards and watchmen, in a bid to reduce labor costs and streamline surveillance.
A company in California ...
Microsoft’s Smart Bra Will Monitor Mood & Reduce Overeating 2013 12 06 Microsoft is designing a “smart bra” that will monitor women’s health by tracking their heart rate, her emotional state, whether or not she is over-eating and more.
Sensors in the bra detect when the wearer is bored, stressed or discouraged and send a warning signal to the woman’s smartphone that she should caution from making bad food choices.
In a paper entitled, ...
“Saint” Mandela? Not So Fast! 2013 12 06 President Barack Obama has compared him to George Washington. MSNBC’s Chris Matthews heralded him as “perhaps the world’s greatest hero.”
The Las Vegas Guardian Express dispensed with the “perhaps,” declaring in headline: “Nelson Mandela World’s Greatest Hero.”
Others have christened him “the greatest man of the 20th century.” Many revere him as “the savior” of South Africa. School children worldwide read books, ...
The Legacy of Nelson Mandela: A Dissenting Opinion 2013 12 06 Nelson Mandela, rights activist, political icon and former president of South Africa, dies age 95
There is no doubt that Nelson Mandela suffered for his cause of an end to bloody apartheid, racial segregation and government oppression in South Africa:
[Mandela was a] South African anti-apartheid revolutionary as well as a politician and philanthropist who served as President of South Africa ...