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In Sochi, Russia, Don’t Touch The Water
When Chicago Tribune reporter Stacy St. Clair, who is covering the Winter Olympics for the newspaper, arrived at her hotel, she was informed that there was a problem with the water and it had been shut off. http://chicago.cbslocal.com/2014/02/04/in-sochi-russia-dont-touch-the-water/Sochi Is Running Out of Pillows
Due to an extreme shortage of pillows for athletes who unexpectedly arrived to Olympic Village in the mountains, there will be a transfer of pillows from all apartments to the storehouse on 2 February 2014. Please be understanding. We have to help the athletes out of this bind.” http://www.vocativ.com/02-2014/sochi-running-pillows/The Stock Market In Japan Is COLLAPSING
The stock market of the 3rd largest economy on the planet is imploding. On Tuesday, the Nikkei fell by more than 610 points. http://www.thedailysheeple.com/the-stock-market-in-japan-is-collapsing_022014Goldman to Fidelity Call for Calm After Global Stock Wipeout
Strategists from Goldman Sachs Group Inc. to AMP Capital Investors and JPMorgan Chase & Co. are also telling clients to hang on after losses that began with currencies in Turkey and Argentina spread to developed markets. http://www.bloomberg.com/news/2014-02-04/goldman-to-fidelity-call-for-calm-after-global-stock-wipeout.htmlStocks get snowed under again
Investors are skating on thin ice, literally. Stocks slid on a cold and wet Wednesday morning on Wall Street. http://money.cnn.com/2014/02/05/investing/stocks-markets/index.html?iid=HP_LNInterest on US debt to nearly quadruple over decade
For the next few years, deficits are looking pretty good. But the interest owed on the country's cumulative debt is set to nearly quadruple over the next decade. http://money.cnn.com/2014/02/04/news/economy/budget-outlook-interest-on-debt/index.html?iid=HP_LNMarc Faber Fears “A Vicious Circle To The Downside”
Is Just Beginning? “It’s not just tapering that is putting pressure on markets,” Marc Faber warns in this brief clip. “Emerging economies have practically no growth and we have a slowdown in China that is more meaningful than strategists are willing to believe,” he adds and this is “causing a vicious circle to the downside” in inflated asset markets as most of the growth in the world over the last five years has come from emerging markets. http://www.infowars.com/marc-faber-fears-a-vicious-circle-to-the-downside-is-just-beginning/ObamaCare could lead to loss of nearly 2.3 million US jobs
The long-term effect of ObamaCare on the U.S. economy was rewritten Tuesday with the Congressional Budget Office issuing a revised projection that nearly 2.5 million workers could opt out of full-time jobs over the next 10 years -- allowing employers to wipe 2.3 million full-time jobs off the books. http://www.foxnews.com/politics/2014/02/04/obamacare-expected-to-lead-to-loss-nearly-25-million-american-jobs-report-says/Last Year, Snipers Attacked a Power Plant in California
"the most significant incident of domestic terrorism involving the grid that has ever occurred." Wellinghoff is going public with the details out of concern that a vulnerable power grid is a national security concern. http://news.yahoo.com/last-snipers-attacked-power-plant-california-052902700.htmlPower outages hit three million in Brazil
Several Brazilian states, including three set to host June World Cup action, suffered power outages Tuesday, fueling fears over the country's ability to keep the lights on. http://www.google.com/hostednews/afp/article/ALeqM5jZwXGQVByBtKQWTCWvO4B4InjciA?docId=168636e4-7c7a-40a5-9c87-c91bdc155aedSecond Storm Hitting Northeast Halts Planes, Schools
The second winter storm of the week swept into the U.S. Northeast, grounding more than 2,000 planes, closing schools and downing power lines. A third system is expected in about four days. http://www.bloomberg.com/news/2014-02-05/second-storm-strikes-northeast-grounding-planes-closing-schools.html4406 U.S. record cold temperatures in January
*4406 Record Cold Temps*1259 Record Warm temps
*1073 Snowfall records
http://www.climatedepot.com/2014/02/05/4406-u-s-record-cold-temperature-in-january-1073-snowfall-records/