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Dubai officials insist that they can meet their debt obligations for the next two years. But the credit squeeze clearly compounds some growing challenges to Dubai's revenue streams. The most obvious of these is the plummeting price of oil, from $147 to less than $65 per bbl. since July, rendering regional investors increasingly cautious as they dial down their expectations of untold wealth. And a global recession is likely to tighten the belts of the foreign investors and vacationers who have driven demand for Dubai's real estate and tourism developments...
...statute in question—The Digital Theft Deterrence and Copyright Damages Improvement Act of 1999—penalizes copyright violators up to $150,000 per willful infringement...
...which should boost turnout for Obama. (Studies have shown that Democrats are less likely to vote in bad weather; it is rainy and cool in Philadelphia but the turnout seems to be big.) Of the 10 battleground states, the only two with serious weather are Virginia and North Carolina, per AccuWeather.com meteorologists. A coastal storm is moving up the mid-Atlantic and could stifle turnout in some areas - particularly from North Carolina to the Tidewater area of Virginia. - By Amanda Ripley / Washington...
...problem, says S&P's chief economist David Wyss, who looks at GDP and employment and other broad indicators of the economy, is that S&P earnings could end up about 50% lower, or $63 per share. Stocks analyst are typically more optimistic than economists, but only by a few bucks, says Howard Silverblatt, an index analyst at S&P. "Traditionally, when you get these big discrepancies, it is the economists who end up being a lot closer to reality," says Silverblatt...
...Politely ask voters wearing candidate propaganda to remove their gear (per law in Virginia). Offer them an oversize men's shirt to wear over their buttons and T shirts as an alternative...