November 4, 2011

FOREIGN RELATIONS: World War III May Begin Soon With NATO and Iran  NATO, and U.S. in particular, may be planning an attack on Iran soon.  A report is expected to be released by NATO next week with a possible status of Iran's nuclear weapon status.  Isreal has tested a new ballistic missile possible in plans of an attack.  Another piece ties in to how many lives were killed in the Lybian war, and how the same could happen with the Iran war.  Read More: RT | Reuters | The Washington Post | RT

BUSINESS: Corzine Steps Down as MF Global Holdings Executive  Jon Corzine, who is well know on Wall Street and also a former governor of New Jersey, stepped down as MF Global Holdings Ltd's chairman and chief executive officer.  After Corzine lost his reelection campaign in New Jersey, he became CEO of MF Global Holdings.  In that role he invested in bonds of European countries and ultimately caused his company's ratings to drop and ultimately go into bankruptcy.  Read More: Wall Street Journal | Reuters | Financial Times


DOMESTIC: U.S. Unemployment Rate Drops to 9%  Although only 80,000 jobs were added in October, the unemployment rate dropped to 9%.  This is the first time it dropped since July.  September's number was 9.1%.  This is not entirely great news since only 80,000 jobs added (104,000 private add and 24,000 loss in government jobs).  The rate goes to regular small shifts up and down because of its reporting method.  Read More: The New York Times | The Washington Post | Politico


HIGHLIGHT: News clip, by RT, discussing the current tensions with Isreal and Iran and the possible outcome of the report to be released by NATO.