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• A way out, at last, for Chile's 33 trapped miners (AP)
• Pakistan to reopen border crossing that NATO uses (AP)
• Hungary sludge reservoir at risk of collapse (AP)
• Wife to meet imprisoned Nobel winner on Sunday (AP)
• Iran acknowledges espionage at nuclear facilities (AP)
• With succession set, North Korea throws a party (AP)

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What's up in the solar system in October 2010

Out in space, the most exciting things cooking this month are on Deep Impact, which is fast approaching comet Hartley 2 for a November 4 encounter, and at the Moon, which should soon see a second orbiter, China's Chang'E 2, which is set to launch Friday. There will be more action on Earth, with the 42nd Annual
Meeting of the Division for Planetary Sciences of the American Astronomical Society (otherwise known as "DPS") in Pasadena, California next week, from October 3 to 8. It's a five-day meeting with three concurrent sessions on everything from Mercury to trans-Neptunian objects, and there should be a lot of

First Habitable Planet, Oct 09, 2010

How many habitable planets are there in our galaxy, worlds that can sustain liquid water and support life? A great many suggests Steven Vogt, professor of astronomy at the University of California Santa Cruz and co-leader of the Lick-Carnegie Exoplanet Survey. According to Vogt, 10 to 20 percent of planetary systems in our galaxy could contain at least one habitable planet. “When you multiply that by the hundreds of billions of stars in the Milky Way, that’s a large number. There could be tens of billions of these systems in our galaxy,” he mused.
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Chang'E 2 launches to the Moon

Congratulations to China! Chang'E 2 successfully lifted off at 10:59:57 UTC today, October 1, 2010 aboard a Long March 3C rocket. Unlike its predecessor, Chang'E 2 rocketed directly to a lunar transfer orbit and will arrive at the Moon only 112 hours after launch (according to the Xinhua news agency). That would put its lunar arrival at about 03:00 on Wednesday, October 6. Here is some really terrific video coverage of the launch from CCTV. I'm sorry that it autoplays; I can't figure out how to prevent it from doing that.

IMF Warns of Slower Growth As Currency War Rages On, Oct 09, 2010

By Don Miller, Associate Editor, Money Morning

Meetings of the Group of Seven (G-7) countries in Washington this week could feature a clash of views that have sparked an international currency war even as the International Monetary Fund (IMF) warned that growth in developed economies is slowing.

A way out, at last, for Chile's 33 trapped miners

Sixty-six agonizing days after their gold and copper mine collapsed above them, 33 miners were offered a way out Saturday as a drill broke through to their underground purgatory.

Rescue drill reaches 33 trapped Chilean miners - CNN.com

Drillers reach trapped miners
Copiapo, Chile (CNN) -- Anxious family members and exhausted rescue workers reveled in joyful relief after a drill pierced the roof of an underground mine in Chile where 33 men have been trapped since August 5.

The Technology That Will Replace 148 Billion Barrels of Oil

By Horacio R. Marquez, Contributing Editor, Money Morning

Not many investors noticed in September 2008 when Warren Buffet took a 10% stake in Hong Kong-based battery maker BYD Co. Ltd. for $230 million.

Three Ways to Profit as China Causes Gold Prices to Spike

By Martin Hutchinson, Contributing Editor, Money Morning

When recently gold sold off and fell as much as 8% below its record high level of $1,260 an ounce, investors had to be more than a little concerned.

With the huge debt loads top world economies have taken on to rebound from the worst financial crisis since the Great Depression, investors have grabbed onto gold as the best way to hedge against the inflation and other financial calamities they felt were certain to come. So far, those calamities haven't materialized.

Profit Plays For Canada – The World’s “Safest Economy”, Oct 09, 2010

I’ve said it once, and I’ll doubtless say it a few dozen more times before the U.S. economy returns to health: Just because you have to endure recessionary conditions doesn’t mean that your money has to.
That’s the argument I make when I urge Americans to search for investments outside U.S. borders. Ironically, your money doesn’t have to travel all that far: What’s arguably the world’s “safest economy” is actually located just north of the border.
I’m talking, of course, about investing in Canada.  

info@als-alexander.org or interalex1@yahoo.com

More Investors Betting Ireland Will Go the Way of Greece

By Don Miller, Associate Editor, Money Morning

The cost to insure Irish bonds against a government default jumped to a record yesterday (Tuesday) after Standard & Poor's said the cost of bailing out nationalized lender Anglo Irish Bank Corp. could exceed $47 billion.

Japanese Economy Threatened by China Rare Earth Metals Ban, Oct 09, 2010

By Jason Simpkins, Managing Editor, Money Morning

Japanese authorities last Friday released from detention the captain of a Chinese fishing boat that was found in disputed waters. However, China continues to withhold exports of rare earth metals to its island neighbor.info@als-alexander.org or interalex1@yahoo.com

Seven Ways to Profit From the Worldwide Currency War

By Jack Barnes, Contributing Editor, Money Morning

If you're like me, and you spend a lot of time perusing financial Web sites in search of the latest global investing news, you've probably started to see a lot of stories about rapid shifts in foreign exchange rates - including some "currency pairs" that have traditionally been rather slow-moving.

The 100 People Who Control Everything

Iraq's PM calls for talks with political rivals

Iraq's prime minister on Saturday urged all rival parties to join in political talks and show the "flexiblity and realism" to make concessions toward ending the coun

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Brad Pitt and Angelina Jolie's: 10 Bedroom Budapest Villa

 

As she begins her directorial debut in Budapest, Hungary, Angelina Jolie and Brad Pitt have settled into a secluded new home.
The “Mr and Mrs Smith” co-stars are apparently paying $27,000 per month for a 10-bedroom villa complete with a private lake while Jolie works on her new Bosnian war film.

Miley Cyrus Latest News

Getting some much needed rest following a fun-filled night out at Xandros' grand opening, Miley Cyrus was spotted getting her day underway in Toluca Lake, CA on Friday (October 8).
Looking happy to be heading into the weekend, the Disney darling flashed the peace sing while clad in a cowgirl-inspired ensemble complete with denim short-shorts and fringy boots.

Angelina Jolie Latest News

Brad Pitt and Angelina Jolie are going international once again!
According to People, Brad was spotted landing at the Ferihegy International Airport in Budapest with his two-year old twins, Vivienne and Knox.

Emma Watson: Ivy League Lady

Heading off to her classes, Emma Watson was spotted out on the campus of Brown University on Wednesday (October 6).
The “Harry Potter” actress looked super cute as she strolled around the Rhode Island school, sporting her sexy short hairdo and a black coat/scarf combo.

Kim Kardashian: I've Been HACKED By Khloe!

Out for a sisterly romp around the Big Apple, Kim, Kourtney and Khloe Kardashian were spotted leaving their New York City hotel on Thursday afternoon (October 7).
The "Keeping Up with the Kardashians" cuties were all well-dressed for the fall-time weather as they exited their posh temporary pad to tend to the day's filming efforts for their new reality spin-off series.

Property market: Britain's most resilient property areas - Telegraph

House sales may be small in number, lending at an all-time low and developers in hibernation, but there are areas of the country where properties continue to sell and prices have been rising. They are what we call the recession busters.

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Chile miners: BBC sends 25 to cover rescue of 33 - Telegraph

Picture of the press camp set up at the San Jose mine Photo: AFP
The corporation’s staff significantly outnumbers all the other UK broadcasters put together, with ITV having sent six people, Sky News a team of nine and Channel 4 News just three.

Light at end of tunnel as drill nears trapped Chile miners

Machines at the mine where engineers have been working to save the 33 trapped miners. Pic: Reuters

Rescue shaft nearly reaches trapped Chilean miners

The T130 drilling machine (L) which has dug the escape tunnel closest to the 33 miners who are trapped deep underground inside a copper and gold mine, is seen at a San Jose mine near Copiapo October 8, 2010.
Credit: Reuters/Luis Hidalgo
By Cesar Illiano
COPIAPO, Chile | Sat Oct 9, 2010 2:10am EDT
COPIAPO, Chile (Reuters) - Chilean rescuers on Saturday were drilling the last part of an escape shaft for 33 miners trapped deep underground after a cave-in two months ago, nearing the culmination of a record-setting tale of survival.

Yahoo News

• Escape shaft nearly reaches Chile's trapped miners (AP)

  AP - Drillers neared the lower reaches of a gold and copper mine where 33 men have been trapped for more than two months, preparing for a breakthrough Saturday that would unleash a national outpouring of joy.

• Gunmen torch 29 more NATO oil tankers in Pakistan (AP)
• Wal-Mart ends profit sharing with employees (AP)
• 2 injured when man opens fire at SoCal school (AP)
• Bank of America stops US foreclosures for review (AP)
• National security shuffle: Jones out, Donilon in (AP)

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