"Economists are pessimists: they've predicted 8 of the last 3 depressions."
--Barry Asmus

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Wednesday, April 6, 2011

What in the World?

Great Britain
Ivory Coast
  • Forces loyal to Alassane Ouattara, President-elect of the Ivory Coast, stormed the bunker where Laurent Gbagbo (who lost the election) has been resisting efforts to make him step down.  Gbagbo's spokesman has states that there is "no legal and judicial basis" for requiring the defeated president to leave office.  Cocoa prices rose slightly as the continuing civil war has dimmed hopes that the world's largest cocoa exporter will resume exports soon.
Japan
Pakistan
  • Spiders have begun taking to the trees to escape flooding and, because of the scale and duration of the flooding, the trees are literally cocooned in spider webs.  This has contributed to a decline in the expected malaria rate, which is a good thing, but still.... Trees.  Full of spiders.
PIIGS
United States

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