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In Japan, Fear and Panic as a Revered Peak Explodes by MARTIN FACKLER


By MARTIN FACKLER

The eruption of Mount Ontake in central Japan on Saturday, which has so far left 47 people dead, took experienced mountaineers and locals by surprise. 12 more words

Foreign Policy

从全球最富到破产 又一个国家被对冲基金逼死了?

文 / Yveline, 华尔街见闻

就在几十年前,瑙鲁(Nauru)还通过大规模出口鸟粪矿物化石成为世界上最富有的国家之一。而如今,这个国家却处在破产边缘。

据英国《金融时报》报道,周二(9月30日),瑙鲁政府警告称,由于美国对冲基金向法院申请冻结瑙鲁设在澳大利亚西太平洋银行(Westpac)的账户,国家将面临破产。该银行是澳大利亚最大的银行。

该国财政部长David Adeang对澳大利亚新南威尔士法院表示:

基本上,如果没有资金进入国家的银行账户,那么瑙鲁共和国政府将无法运行。

这场突如其来的金融危机源自于美国对冲基金Firebird Global Master Fund向法院申请的一纸判决。这家对冲基金声称,瑙鲁政府欠他们3000万澳元(约合2600万美元)。

上世纪80年代末,秘鲁政府曾在日本金融市场发行过武士债,其中一位买主正是Firebird Global Master Fund。不过,随后瑙鲁政府发生了主权债务违约。这家对冲基金因此将瑙鲁政府告上法庭,要求冻结对方的银行账户并索赔。 17 more words

Finance

How to MAKE MONEY with your regular Job!!!

I always wondered why every job that I did, every time I got paid, I ended up being in a deficit!

I would either break-even, where I would have just enough for whatever I was spending on, or not enough! 369 more words

Otto Paparazzo, Innovative Developer, Dies at 88 by WILLIAM YARDLEY

Nicky Kundnani presents New York Times’ new Business Day article
By WILLIAM YARDLEY

In his best-known project, Mr. Paparazzo sought to limit driving, preserve trees and arrange homes close together to increase open space and reduce infrastructure costs. 13 more words

Business

ISIS Takes a Kurdish Village in Syria as Car Bombs Kill Dozens in Homs by KARAM SHOUMALI and ANNE BARNARD


By KARAM SHOUMALI and ANNE BARNARD

Islamic State militants swept into a Kurdish village near the Turkish border, while in the western Syrian city of Homs, twin car bombings killed at least 45 people. 11 more words

Foreign Policy

In Ruling on California Town's Bankruptcy, Judge Challenges Sanctity of Pensions by MARY WILLIAMS WALSH

Nicky Kundnani presents New York Times’ new Business Day article
By MARY WILLIAMS WALSH

The decision by a federal bankruptcy judge dealt a blow to Calpers, California’s giant state-led pension system, which has been leading efforts to preserve defined-benefit pensions nationwide. 13 more words

Business

Bureaucracies, Plague, and a little bit of Fame

There’s been an outbreak of the plague where I live.

Well, maybe plague is a bit of an exaggeration, only a bit though.

So, that’s where I was last week. 3,142 more words

My Life As A Partial Quad