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Politics In 60 Seconds: What You Need To Know Right Now
Good morning! Here's what you need to know:
1. The Wall Street Journal reports: " Hundreds of imprisoned militants escaped from a high-security prison in Kandahar city through a long tunnel dug by the Taliban, in a spectacular jailbreak that showcased the insurgency's sophistication and dealt a serious blow to U.S.-led attempts to stabilize southern Afghanistan."
2. The Financial Times reports: " Syrian troops in tanks and armoured vehicles poured into the southern town Deraa and opened fire on Monday, residents said, in the latest bloodshed in a crackdown on protests that has escalated sharply in recent days."
3. The pressure on the US to " do something" in Syria is mounting exponentially, as an Iranian-allied regime cracks down on a largely Sunni uprising of popular protest. Put another way, Syria is Libya with a real US national security interest at stake. Walter Mead has a hard-headed analysis.
4. NATO appears to have targeted Libyan strongman Muammar Qaddafi for assassination. The New York Times reports: war planes early Monday morning struck Col. ’s compound here for the third time, destroying a complex of offices and meeting facilities in an evident escalation of the air campaign to aid the rebellion against his four decades in power."
5. The Mexican drug wars have claimed the lives of at least 35,000 people. At each step along the escalation, the violence gets more savage. And then it gets worse.
6. It looks as though German Chancellor Angela Merkel is " on the verge of losing her majority over the domestic legislation of the European Stability Mechanism (ESM), the long-term financial umbrella for the eurozone." Wolfgang Munchau continues his excellent commentary on the unraveling of the eurozone.
7. Mike McConnell persuasively argues that the US and its allies are ill-prepared for cyberwar and that immediate steps -- especially " hardening" the cloud against attack -- must be taken to avoid disaster.
8. The National Labor Relations Board (NLRB) has filed a complaint against aircraft manufacturer Boeing, saying that it is opening a plant in South Carolina to retaliate against labor unions in Washington State. The NLRB seeks to prevent Boeing from opening the South Carolina facility.
9. Kathleen Parker argues that the NLRB's move against Boeing is mis-guided at best.
10. Mitch Daniels already has a narrative for his 2012 GOP presidential campaign bid he says the country must deal with its debt or decline. What he hasn't yet made is a firm commitment to the job of running. He's still on the fence.
11. Mike Bloomberg advises Donald Trump to drop the " birther issue" if he goes forward with his supposed presidential campaign. Clive Crook argues that the Republicans may choose to lose the 2012 presidential election by nominating a weak candidate.
12. You already knew this: Paul Krugman endorses higher taxes to pay down the deficit.
10 Things You Need To Know Before The Opening Bell
Good morning. Here's what you need to know.
- Asian indices were down in overnight trading with the Shanghai Composite down 1.51%. Major European indices are closed and U.S. futures indicate a lower open.
- US silver futures surged 8.2% to just under $50 this morning. Prices were boosted by an increase in physical demand for the metal and a weak dollar that hit a three-year low. U.S. gold futures also hit a record high. Don't miss: Niall Ferguson's new presentation on the decline of the West >
- The UK's leading political parties are preparing for a nationwide referendum that could change how the country votes. The coalition government is divided on the issue which could create problems for its austerity program. Don't miss: The 15 most expensive places to buy gas in the world >
- NYSE Euronext now expects cost savings from the Deutsche Börse merger to be about €400 million, up from earlier estimates of €300 million. NYSE and Deutsche Börse expect their biggest customers to save $3 billion through the merger.
- Civil unrest continues in the Mideast. Protests began again in the Syrian town of Daraa today. The death toll has increased to 100 in the last three days there. The Obama administration is reported to be drafting sanctions against Syrian officials. Meanwhile Libyan forces loyal to Qaddafi bombed residential neighborhoods in Mistrata. Now here are some incredible moments from Qaddafi's 41 years in power >
- Nintendo's annual profit fell 66% to $947 million for the fiscal year that ended March 31. Forecast sales for the fiscal year through March 2012 are expected to rise 8.4% to $13.4 billion and earnings are expected to increase $1.34 billion. The company also announced that it will release an upgraded model of the Wii in 2012.
- The Chinese government says inflation will fall in the second half of 2011 but prices will likely remain higher than the government's 4% ceiling. Consumer prices are expected to rise 5% in the first half of the year. Don't miss 17 facts about China that will blow your mind >
- B/E Aerospace reported Q1 net earnings of $50.3 million, or $0.49 a share, beating analyst expectations of $0.46 a share. The company raised its full-year earnings outlook to $2, just under expectations.
- New home sales data is released at 10 AM ET. Consensus is for a slight increase in sales to 280K for March. Follow the release at Money Game >
- UK consumers have 3.3% more spending power than last year according to a new report from Lloyds. While UK consumers are paying down their debt, consumer confidence is weakening according to an independent survey carried out by the bank. Now here are the most unequal countries in the developed world >
BONUS: Paris Hilton will testify against Nathan Parada who tried to break into the socialite's Beverly Hills home last year.
Can Try Comfort Delgro Stocks, It Reminds me of London yellow cab 
Any one here interested to bot ST index listed NOL before GE ?
Singapore Women party requesting more seats for Female...
Singapore America style
Good and Service Tax (GST) will not be raised for the next five years
BTW, Do singapore really need GST like Ang mio countries? ??
Is Singapore don't have free trade agreement for imported good? ??
Housing in singapore presently
Housing in Singapore will be sufficient in good years ahead.
Tampines MP
krisluke ( Date: 24-Apr-2011 18:30) Posted:
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GE days countdown... what to bet? ?? I think AUD will goes up during singapore GE.
If PAP won big or BIG BIG, then Singdollars will olso goes up soon.... in term of $ Value
The FUN is not on equity but foreign exchange on the coming week
Think !!! singaporeans wishes to fulfil... Chance to travel abroad and hope standard of living is affordable in singapore contents.
Enjoy the fun on first week of may 2011. First holiday, labor day, follows by general election on saturday.
The happiest souls among all will be those employed 5.5 days....
Month end (April) coming, do watch out for window dressing next week.
What The Brokerage think about the upcoming election will impact the ST index . It's from CIMB
Singapore 11th General Elections will be held on 7th May. Unlike elections in neighboring countries, GEs here generally have little or no impact on overall economic growth investment implications more spurious.
We do expect a strong market later this year, with our OVERWEIGHT rating on FSSTI premised on:
1) its below-mean valuations and
2) its exposure to global growth.
PM picture of his younger days
VS 
SHOW TIME !!!
Lightning Vs Hammer ....
I think it just to work out the fundamental relationship between working in the hot sunny day or during the cool wind blows and signal rainfall is approaching soon.
Hammer, Hmmm .... it do remind me of constructing houses... Lightning before rain is only an early warning of weather change.