disaster

The top kill procedure did not work. So it's on to the next desperate measure. Meanwhile thousands of gallons continue to leak from this well. Also see: Documents Show Early Worries About Safety of Rig - NYTimes.com  BP's…

Hat tip Marshall Auerback.

Subscribe to Our News Feed If you would like to receive our links in real-time please follow me at@edwardnh. Must Reads on the Gulf of Mexico oil spill and the Chinese property bubble Oil spill could go on for years, experts say |…

Source Gulf Coast Oil Spill Puts Political Future of Offshore Drilling in Question - PBS

I have read a number of accounts in European newspapers. I am surprised at how many of them simply parrot the Financial Times Deutschland article about Germany bailing out Greece – a line which was later denied by the Germans.  Some…

I have shovelled snow for three days straight now. We got over 20 inches (50 cm) on Friday and Saturday. Yesterday morning, I went out for a brief drive to the grocery store. I was astounded how badly the major roads were plowed. There were…

There is an easy way to donate in order to help victims of Tuesday’s earthquake in Haiti. The American Red Cross has set it up so that you can make $10 donations by cell phone. From your cell phone, send a text message to 90999 with the…

A number of new films have been produced chronicling the misadventures in America’s residential property markets and financial system.  One such story is American Casino.  I have yet to see the film.  However, below is a…

I do think that we have seen a robust response to Swine Flu, sometimes bordering on panic.  Much of this seems like overkill.  However, first analyses of the H1N1 virus suggest this response is entirely warranted: H1N1 swine flu is…

This is a pretty cool video from New Scientist.  This team of modelers has come up with a way to model human mobility using data from dollar bill tracking site Where’s George? The result is a model that tracks smaller human movements,…