Previewing an upcoming story for NBC's Rock Center on Friday's Today, correspondent Ann Curry warned that tribes of the Amazon rain forest "are sharpening their spears and preparing their blow guns to fight Ecuador's new plan to auction as much as 8 million acres of the rain forest for oil drilling." [Listen to the audio or watch the video after the jump] She then cited Boston University biology professor Kelly Swing arguing that "America, a top importer of oil from Ecuador, shares responsibility for this coming conflict....And the toxic legacy of past oil drilling in other parts of the rain...
On April 4, the Associated Press' Christopher Rugaber wrote: "Gone are the fears that the economy could fall into another recession." Having in effect announced the repeal of the business cycle for the foreseeable future, despite the fact that the economy's post-recession job recovery performance has been the worst since World War II by miles, it seems that Rugaber is now doing his best to prop up his assertion with shaky claims about the meaning of government economic reports. That would include the second sentence of his opening paragraph of his dispatch on Thursday's report on jobless claims from the...
Following the governmemt's Employment Situation Summary yesterday, two words were noticeably absent at the Associated Press (here, here, and here), Bloomberg, Reuters, CNBC, and the New York Times: "seasonally adjusted."
It was supposed to be a bad day in the American stock markets according to CBS's "The Early Show." Guess what - they were wrong. "Hong Kong's Hang Seng market was down more than 4 percent," Julie Chen said on the January 28 "The Early Show." "Tokyo's Nikkei index off about 4 percent. Wall Street may have a rough morning in advance of President Bush's final State of the Union address tonight. We'll be watching the markets throughout the morning."