MSM: JP Morgan 36% profit surge highlights split between Wall St and Main St

(Guardian) – The US bank JP Morgan gave a glimpse of a widening rift in fortunes between Wall Street and Main Street as lucrative business on the financial markets pushed its profits up by 36%, despite worsening defaults on its credit cards and home loans by recession-hit grassroots customers. Continue reading

MSM: Antarctic ice cover ‘increasing due to hole in ozone layer’

Antarctic sea ice is growing rather than shrinking as a result of the hole in the ozone layer, scientists have said. Continue reading

Development: Preparing for Water Quarrels, if not Wars

The Fifth World Water Forum begins in Istanbul Mar. 16 in the face of some stark facts: of the world’s water, 97.5 percent is the sea, and of the remaining, 70 percent is frozen in polar icecaps. That leaves precious little for 6.76 billion people around the world, expected to grow to 9 billion by 2050. Continue reading