UK - Britain will become a net importer of wheat for the first time in a decade this year because of bad weather, the National Farmers' Union has said. NFU president Peter Kendall said more than two million tonnes of wheat had been lost because of last year's poor summer.
USA - After intense lobbying by Kraft Foods Global Inc and Kemin Food Technologies, the Food Safety and Inspection Service (FSIS), a division of the US Department of Agriculture (USDA), has agreed to reverse existing regulations that prohibit the use of three toxic meat preservatives.
USA - Have you ever wondered how the big banks make such enormous mountains of money? Well, the truth is that much of it is made by gambling recklessly. If they win on their bets, they become fabulously wealthy. If they lose on their bets, they know that the government will come in and arrange for the banks to be bailed out because they are "too big to fail".
USA - What would you do if you logged in to your bank account someday and it showed that you had a zero balance and your bank had no record that you ever had any money in your account? What would you do if all of the money in your bank account suddenly disappeared in a single moment?
UK - Readers of the Daily Telegraph were right all along. Quantitative easing will never be reversed. It is not liquidity management as claimed so vehemently at the outset. It really is the same as printing money.
GERMANY - An international network of journalists has obtained some 2.5 million records from tax havens detailing shell companies, offshore accounts and dubious financial deals. The unprecedented leaks include the names of 130,000 people who at one time or other moved their money offshore.
JERUSALEM, ISRAEL - Rabbi Yehuda Glick, spokesman for the Jewish Temple organizations reiterated on Monday the call to establish an official commission of inquiry into Friday's events on the Temple Mount.
JERUSALEM, ISRAEL - On Tuesday, the struggle of Jewish women fighting to worship with prayer shawls at the Western Wall in Jerusalem received renewed attention when protesters at the holy site were joined by several new members of Knesset, spotlighting Israel’s ongoing policy of imposing Orthodox practice on all worshipers at the wall.
UK - Lord Carey said it was a ''bit rich'' to hear Mr Cameron tell religious leaders to face down aggressive secularisation when the Coalition seem to be ''aiding and abetting'' such a practice.
UK - In an article for The Daily Telegraph today, the Prime Minister says that the nuclear threat facing Britain has “increased” since the end of the Cold War and that the country still requires the “ultimate weapon of defence”.
STUTTGART, GERMANY - The US Army’s 69-year history of basing main battle tanks on German soil quietly ended last month when 22 Abrams tanks, a main feature of armored combat units throughout the Cold War, embarked for the US. The departure of the last M-1 Abrams tanks coincides with the inactivation of two of the Army’s Germany-based heavy brigades. From World War II on through the Cold War, tanker units were a heavy presence in Germany. At its peak, Germany was home to 20 NATO armored divisions, or about 6,000 tanks, according to the 21st TSC [Theater Sustainment Command]. “There is no [US] tank on German soil. It’s a historic moment,” said Lieutenant Colonel Wayne Marotto, 21st TSC spokesman.
USA - A majority of Americans now support legalizing marijuana use — the first time public support has crossed the 50 percent threshold, according to new polling from the Pew Research Center. Pew found that 52 percent of Americans said marijuana use should be legal, compared to just 45 percent who said it should be illegal. The level of support has jumped 11 percentage points in the last three years. Support is even higher among younger American adults, with nearly two-thirds of Millennials — those born since 1980 — supporting legalization. The findings cheered marijuana advocates, who said politicians need to follow voters’ lead.
UK - Increasing potassium in our diets as well as cutting down on salt will reduce blood pressure levels and the risk of stroke, research in the British Medical Journal suggests.
USA - The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say could open the door to the risky lending that caused the housing crash in the first place.
USA - Reclaiming the Founding Fathers’ Vision of Prosperity. To understand the core problem in America today, we have to look back to the very founding of our country. The Founding Fathers fought for liberty and justice. But they also fought for a sound economy and freedom from the tyranny of big banks.