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Evidence of that much-maligned?and denied?global warming in action: the UN is reporting that many parts of the world have been experiencing record extreme weather conditions including floods, heat waves, storms and cold snaps since the beginning of 2007?including a TORNADO in Brooklyn on August 8!

Yahoo News reports that global land surface temperatures in January and April reached the highest levels ever recorded for those months, according to the World Meteorological Organization. They quote WMO scientist Omar Baddour as saying, “The beginning of 2007 was very active in terms of extreme weather events.”
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After the large French bank BNP Parabas suspended three fundsearlier today, the European Central Bank was compelled toinject $130.1 billion into the banking system as a rushon cash caused interest rates in Europe to soar. Both the USand European stock markets reacted to the crisis bydropping, and President Bush issued a statement that thepresent financial crisis had been brought on by “improvidentlending.” The ECB said that it would provide unlimited fundsat its current benchmark rate of 4%. Meanwhile, the GermanCentral Bank was meeting to discuss details of a rescuepackage for IKB Deutsche Industriebank, which is alsoexposed to the collapsing subprime loan market.read more

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One of the year’s most impressive meteor showers is due to return on Sunday, August 12 at midnight, as a trail of debris left by a comet passes by the earth. There should be one or two meteors per minute.
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Israeli physicist Amos Ori has developed a theoretical model of a time machine that could allow future generations to travel into the past.

Previous theories of time travel are well grounded in Einstein’s General Relativity theory. Physicist Stephen Hawking has called time travel “an important subject for research,” but has also proposed some of the strongest challenges to the concept. General Relativity states, among other things, that the gravitational pull of large objects such as planets can actually bend time and space. Time travel research is based on bending space-time so far that the time lines actually bend back on themselves to form a loop.
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