Middle East oil dependency

Oil Trades Near $88 as Dollar Rise Trims Gains From US Economic Outlook

Dec 20,2010‎--Oil traded near the highest in two weeks on speculation that economic growth in the US will accelerate next year, bolstering demand in the world's biggest crude-consuming country.

Oil hovers above $89 ahead of US supply reports

Pump prices flat, but probably not for long

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Oil Trades Near $88 as Dollar Rise Trims Gains From US Economic Outlook

Oil Trades Near $88 as Dollar Rise Trims Gains From US Economic Outlook
Dec 20,2010‎--Oil traded near the highest in two weeks on speculation that economic growth in the US will accelerate next year, bolstering demand in the world's biggest crude-consuming country.
Oil hovers above $89 ahead of US supply reports
Pump prices flat, but probably not for long
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Gold Climbs as European Sovereign-Debt Concerns Drive Record Fund Holdings

Gold Climbs as European Sovereign-Debt Concerns Drive Record Fund Holdings 

Dec-20-2010--Gold advanced for a third day as European sovereign-debt concerns increased demand for the precious metal as an investment haven, with holdings in exchange-traded products climbing to an all-time high....A golden year end?
PRECIOUS METALS: NY Gold Up On Global Worries, Short Covering
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Wells Fargo reaches agreement with California to modify risky mortgages

Wells Fargo reaches agreement with California to modify risky mortgages
Dec 20, 2010‎--The bank will make modifications valued at as much as $2.4 billion on 'pick-a-payment' mortgages. It also will pay $32 million to 12000 borrowers who had such loans and lost their homes to foreclosure.
Wells Fargo Making Mortgage Changes in California
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Weekly Address: National Security Over Politics on START

National Security Over Politics on START
Dec-20-2010--President Obama urges the Senate to heed the calls from Presidents George H.W. Bush and Bill Clinton, every living Republican Secretary of State, our NATO allies, and the leadership of the military:
ratify the New START Treaty with Russia.
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National Security Over Politics on START Dec-20-2010--

National Security Over Politics on START
Dec-20-2010--President Obama urges the Senate to heed the calls from Presidents George H.W. Bush and Bill Clinton, every living Republican Secretary of State, our NATO allies, and the leadership of the military:
ratify the New START Treaty with Russia.
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US Task Force To Probe Foreclosures

US Foreclosure Task Force Will Take 'Whatever Action' Needed

Dec. 20 -2010 -- The Obama administration's foreclosure task force is preparing to take action next year against any lenders or other institutions that acted “improperly,” US Treasury Secretary Timothy F. Geithner and Housing and Urban Development Secretary Shaun Donovan said in a joint statement today.

“The task force will take whatever action is necessary to hold accountable any institution that acted improperly,” the secretaries said. “We expect the results of these investigations will be presented to us next month.”

The task force met at the Treasury today to discuss an ongoing review of mortgage foreclosure procedures.

US Expects Foreclosure Probe Results Next Month

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US Foreclosure Task Force Will Take 'Whatever Action' Needed Dec. 20 -2010

US Foreclosure Task Force Will Take 'Whatever Action' Needed
Dec. 20 -2010 -- The Obama administration's foreclosure task force is preparing to take action next year against any lenders or other institutions that acted “improperly,” US Treasury Secretary Timothy F. Geithner and Housing  and Urban Development Secretary Shaun Donovan said in a joint statement today.
“The task force will take whatever action is necessary to hold accountable any institution that acted improperly,” the secretaries said. “We expect the results of these investigations will be presented to us next month.”
The task force met at the Treasury today to discuss an ongoing review of mortgage foreclosure procedures.
US Expects Foreclosure Probe Results Next Month
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Toyota Talks to Customers About the Sticking Pedal Issue

Toyota »

Toyota to pay $32.4 million fine for recalls

Dec.20 -2010---NEW YORK -- Toyota Motor Corp., the Japanese automaker that suffered a series of high-profile recalls, will pay $32.4 million in civil penalties, the US Department of Transportation said Monday.

Toyota to Pay $32.4 Million in Fines Related to Two Recalls

Toyota agrees to $32 million fine in safety probe

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'Germany will bail out every Euro country before collapsing'

Euro struggles to defend support amid debt fears

Dec.20-2010-TOKYO - The euro remained on the defensive on Tuesday, barely clinging to its 200-day moving average on simmering fears that some euro zone countries and banks could face more borrowing strains.

Euro Trades Near Two-Week Low Versus Dollar, Yen on Fund-Raising Concerns

The fiscal future of the eurozone

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Toyota » Toyota to pay $32.4 million fine for recalls

Toyota »
Toyota to pay $32.4 million fine for recalls
Dec.20 -2010---NEW YORK -- Toyota Motor Corp., the Japanese automaker that suffered a series of high-profile recalls, will pay $32.4 million in civil penalties, the US Department of Transportation said Monday.
Toyota to Pay $32.4 Million in Fines Related to Two Recalls
Toyota agrees to $32 million fine in safety probe
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Euro struggles to defend support amid debt fears

Euro struggles to defend support amid debt fears

Dec.20-2010-TOKYO  - The euro remained on the defensive on Tuesday, barely clinging to its 200-day moving average on simmering fears that some euro zone countries and banks could face more borrowing strains.
Euro Trades Near Two-Week Low Versus Dollar, Yen on Fund-Raising Concerns
The fiscal future of the eurozone
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Major Pacific Storm Ivan Storm Warning for Southern California

Bakersfield, California »

Evacuations ordered as storm saturates California

Dec.20 -2010---LOS ANGELES - A storm pounding California with record rain forced authorities in the San Joaquin Valley to order 2000 residents to evacuate the farming community of McFarland due to major flooding.

McFarland not evacuated, contrary to reports Bakersfield Californian

Stormy weather has gripped California since late last week, triggering mostly minor flooding, mudslides, road closures and power outages. Forecasters warned of worsening conditions Tuesday and Wednesday, as more storms bore down on the state and threatened to dump another 5 to 10 inches of rain.

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Bakersfield, California » Evacuations ordered as storm saturates California

Bakersfield, California »
Evacuations ordered as storm saturates California
Dec.20 -2010---LOS ANGELES  - A storm pounding California with record rain forced authorities in the San Joaquin Valley to order 2000 residents to evacuate the farming community of McFarland due to major flooding.
McFarland not evacuated, contrary to reports Bakersfield Californian
Stormy weather has gripped California since late last week, triggering mostly minor flooding, mudslides, road closures and power outages. Forecasters warned of worsening conditions Tuesday and Wednesday, as more storms bore down on the state and threatened to dump another 5 to 10 inches of rain.
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WHAT PROVOKED NORTH KOREA?

North Korea »

Major events on Korean Peninsula in 2010

Dec.20 -2010--BEIJING -- South Korea launched Monday a firing drill from a disputed western border island shelled last month by the Democratic People's Republic of Korea despite the latter's repeated warnings of a counterattack. , South Korea announced it would conduct a live-fire artillery drill on Yeonpyeong Island, located in waters claimed by the DPRK, on a certain day between

Dec. 18 and Dec. 21

.Video: WHAT PROVOKED NORTH KOREA?

Pyongyang maintains the rage against South Korea

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North Korea » Major events on Korean Peninsula in 2010 Dec.20 -2010

North Korea »
Major events on Korean Peninsula in 2010
Dec.20 -2010--BEIJING -- South Korea launched Monday a firing drill from a disputed western border island shelled last month by the Democratic People's Republic of Korea despite the latter's repeated warnings of a counterattack. , South Korea announced it would conduct a live-fire artillery drill on Yeonpyeong Island, located in waters claimed by the DPRK, on a certain day between
 Dec. 18 and Dec. 21
.Video: WHAT PROVOKED NORTH KOREA?
Pyongyang maintains the rage against South Korea
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Lunar eclipse » Lunar eclipse tonight: How it helps the search for extraterrestrial life Dec-20-2010

Lunar eclipse »
Lunar eclipse tonight: How it helps the search for extraterrestrial life
Dec-20-2010--The moon's ruddy color during the lunar eclipse tonight is caused by sunlight filtering through Earth's atmosphere. It's what astronomers look at when distant planets pass in front of their own stars.
Rare winter solstice lunar eclipse visible tonight
Full Lunar Eclipse Has Many Looking To The Skies
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What's Up for Dec. 2010? Lunar Eclipse

Lunar eclipse »
Lunar eclipse tonight: How it helps the search for extraterrestrial life
Dec-20-2010--The moon's ruddy color during the lunar eclipse tonight is caused by sunlight filtering through Earth's atmosphere. It's what astronomers look at when distant planets pass in front of their own stars.
Rare winter solstice lunar eclipse visible tonight
Full Lunar Eclipse Has Many Looking To The Skies
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Lunar eclipse » Lunar eclipse tonight: How it helps the search for extraterrestrial life

Lunar eclipse »
Lunar eclipse tonight: How it helps the search for extraterrestrial life
Dec-20-2010--The moon's ruddy color during the lunar eclipse tonight is caused by sunlight filtering through Earth's atmosphere. It's what astronomers look at when distant planets pass in front of their own stars.
Rare winter solstice lunar eclipse visible tonight
Full Lunar Eclipse Has Many Looking To The Skies
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