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Showing posts from September 11, 2011

TROPICAL STORMS AROUND THE ATLANTIC & MONSOON DAMAGE IN PAKISTAN THAT REQUIRES GLOBAL ASSISTANCE...

Tropical Storm Nate makes Mexico landfall

Xalapa, Mexico (AFP) Sept 11, 2011 - Tropical Storm Nate made landfall on Mexico's gulf coast on Sunday bringing torrential rain and high winds, as forecasters said the system would weaken to a depression in the coming hours.

Authorities in the eastern state of Veracruz maintained a storm alert and warned of the threat of flooding and landslides in mountainous regions from the heavy rain.

Nate was packing maximum sustained winds of 45 miles (75 kilometers) per hour and was moving inland at a steady nine miles per hour, the Miami-based National Hurricane Center said in its 1:00 pm (1800 GMT) advisory.

Bad weather caused by Nate earlier this week forced the evacuation of an oil rig in the eastern Gulf of Mexico, and 10 workers were missing.

Further to the east was fast-moving Tropical Storm Maria, which was passing just north of the Virgin Islands packing winds of up to 60 miles per hours (95 kph).

To the north of Nate, the United States was still…

AUGUST DATA ON COMMERCIAL PAPER INDICATES THAT THE ECONOMY IS IN "CONTRACTION MODE"...NO SIGN OF GROWTH IN THE NEAR FUTURE...

Commercial paper outstanding: August 2011

Commercial paper market shows weak expansion, a setback from the steady growth of July.




This chart shows the annual percent change in commercial paper outstanding over the past decade. After peaking in 2007, numbers have been falling over the past four years.




By SoldAtTheTop
/ September 11, 2011




The Commercial Paper (CP) market is essentially a private debt market used by corporations as a generally cheaper means of funding typical recurring operations than drawing on a line of bank credit.


SoldAtTheTop

'SoldAtTheTop' is not a pessimist by nature but a true skeptic and realist who prefers solid and sustained evidence of fundamental economic recovery to 'Goldilocks,' 'Green Shoots,' 'Mustard Seeds,' and wholesale speculation.




Commercial paper, as financial instrument, is by no means a recent innovation and, in fact, you can read about how the CP market was affected by the many historic financial shocks experienced by the…

MONSOON RAINS TAKE HEAVY TOLL ON MANGO PLANTATIONS IN PAKISTAN...

Photos & comments courtesy of Hadi Laghari, Technical Manager, Assim Agricultural Farms







"In mangoes there'll be no visible damage but when water will recede it'll show some major root, collar rot disease symtopms and ultimate plant death, and some nutritional deficiency symptoms. "



"In general standing water will have some major negative impact on flowering this year due to standing water when water will recede back it'll flush let's say in October ( usually we stop irrigation in first week of september to induce dormancy."





THE HOPE TODAY...DESPITE THE TERRIBLE LOSS & TRAGEDY...IS THAT WE CELEBRATE THE RESILIENCE OF THE HUMAN SPIRIT...IN THE FACE OF ADVERSITY...IN THE IMMORTAL WORDS OF WINSTON CHURCHILL:..."NEVER, NEVER, NEVER, GIVE UP!!!"...

An update on a post-9/11 forecast


Soon after the attacks of Sept. 11, 2001, the Monitor ran an editorial from the perspective of 2011 on how America had changed. Were those predictions spot on?




By the Monitor's Editorial Board

September 9, 2011


Just days after the 9/11 attacks, an editorial ran in this space written from the perspective of 2011, or a decade hence. It predicted the many ways that America would transform itself.




Related stories
9/11 lessons not learned: three failed reforms
9/11 books: Which should you pick up?
Too young to understand, 'Generation 9/11' embraces media for meaning
Opinion:The decade since 9/11 has eroded – and confirmed – American values




Did this time capsule of forecasts get it right? 

Well, let’s just say that the would-be prophets of late 2001 can now both crow and eat crow.


The editorial’s crystal ball was a device mainly to offer tips for action and buck up morale when hope and a road map were in short supply. 

Still, it would be helpful now to p…