First Week Of October: ISM, Presidential Debates, And The Jobs ...

Get lot and lots of rest today.

This first week of October is going to be HUGE from both an economic standpoint.

First, here's an abbreviated version of what's coming up. These bullets are courtesy of Dave Lutz at Stifel, Nicolaus:

• Chinese Markets closed for Golden Week
• Central Bank Decisions from Aussie, BOE, ECB and BOJ
• Big Ben speaks, and the Minutes from the September meeting
• Global PMI Data ? China, EU, UK, USA
• September Auto Sales and Retailer Same Store Sales
• US and EU Employment reports
• A Big Spanish Bond Auction
• Value Investing Conference ? Major HF speakers
• European Banking Authority - final report on capital plans
• The First debate between Gov. Romney and President Obama

Now, here's the full schedule:

MONDAY: It's global PMI day. So starting late Sunday night in the US, we'll be getting critical manufacturing reports from Asia, and then Europe, and then of course the US, concluding with the US at 10:00 AM ET. Also at 10:00 AM ET we get Construction Spending for October. There's also going to be a monetary policy speech by Bernanke, a speech by the head of the SF Fed. At the Value Investing Congress, Bill Ackman, Whitney Tilson, and other swill present picks.

TUESDAY: In the US we get September Auto & Truck Sales, which should provide a critical gauge of the state of the jobs market. The Aussie Central Bank will also act. And we get the New York ISM report. It's also the second day of the Value Investing Congress, so more potentially market-moving picks from hedgies.

WEDNESDAY: We get our first big preview of Friday's non-farm payrolls report, with the ADP jobs report, coming out at 9:15 AM ET. It's also non-manufacturing PMI day, so we'll get numbers from China, Europe, and the US. Wednesday night of course is also the night of the first debate between Romney and Obama. Everyone will be watching.

THURSDAY: The all-important Initial Claims number comes out at 8:30 AM ET. In Europe, there will be rate decisions from the BoE and the ECB (the press conference should be most interesting), and there will be bond auctions in Spain and France. Later in the day, there will be a speech from Fed Governor Bullard.

FRIDAY: The week ends with the Grande Finale of economic data: The September Jobs Report. This needs no hyping of course. Also at 3 PM ET that day, August Consumer Credit is revealed.

As we said: Get some rest. This is going to be big.

SEE ALSO: Why protests are exploding in Spain >

Source: http://www.businessinsider.com/first-week-of-october-ism-presidential-debates-and-the-jobs-report-2012-9

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Iran accuses IAEA of passing nuclear secrets to Israel

By Yeganeh Torbati

DUBAI | Sun Sep 23, 2012 12:12pm EDT

DUBAI (Reuters) - A senior Iranian lawmaker accused the UN nuclear watchdog on Sunday of passing confidential details of Iran's atomic work to Israel, and a military commander said Tehran may consider a pre-emptive strike on the Jewish state if it looked set to attack.

Javad Jahangirzadeh, a member of parliament's presiding board, said International Atomic Energy Agency chief Yukiya Amano had made "repeated trips" to Israel, divulging sensitive information about what Tehran says is its peaceful nuclear program.

"Amano's repeated trips to Tel Aviv and asking the Israeli officials' views about Iran's nuclear activities indicates that Iran's nuclear information has been disclosed to the Zionist regime and other enemies of the Islamic Republic," Jahangirzadeh was quoted as saying by Iran's English-language Press TV.

The IAEA declined to comment. Records show Amano has made only one visit to Israel in his capacity as IAEA chief, in August 2010. He visited Tehran in May this year.

"If the agency's actions lead to Iran cutting cooperation with this international body, all responsibility will be with the IAEA director general," said Jahangirzadeh, also a member of parliament's national security and foreign policy committee.

After weeks of increased hints by Prime Minister Benjamin Netanyahu that Israel could strike Iran's nuclear sites, prompting speculation that might happen before U.S. elections in November, an Iranian military commander said Iran could strike first if sure Israel were poised to attack.

"Iran will not start any war but it could launch a pre-emptive attack if it was sure that the enemies are putting the final touches to attack it," Iran's state-run Arabic language Al-Alam television quoted Amir Ali Hajizadeh, a brigadier general in the Islamic Revolutionary Guard Corps, as saying.

While Hajizadeh's comments might be seen as part of the usual hawkish rhetoric from the Iranian military, the politician's accusation against the IAEA's Amano suggest Tehran's relations with the agency are severely strained.

INFILTRATED

Last week, Iranian nuclear energy chief Fereydoun Abbasi-Davani said "terrorists" might have infiltrated the Vienna-based agency.

He suggested the IAEA included too much sensitive information about Iran's nuclear program in its reports that he said could be used by saboteurs.

Western diplomats dismissed his allegations as an attempt to distract attention away from the agency's bid to gain access to a site in Iran it suspects was used for nuclear weapons research, something Tehran denies.

Iran blames Israel and its Western allies for the assassination of nuclear scientists in Iran, including an unsuccessful attempt on Abbasi-Davani in November 2010. It also blames those countries for computer viruses that appeared designed to damage its nuclear machinery.

The 35-nation board of the agency censured Iran earlier this month for defying international demands to curb uranium enrichment and failing to address mounting disquiet about its suspected research into atomic bombs.

The resolution prompted Iran's Parliament Speaker, Ali Larijani, to cast doubt on the benefit of Iran's membership in the Nuclear Non-Proliferation Treaty (NPT), the Tehran Times reported.

In another allegation of underhand behavior against Iran, the head of parliament's national security and foreign policy committee said German engineering company Siemens had planted explosives in equipment it sold to Iran for use in its nuclear program.

Siemens, which was building a nuclear power station in Iran before the Islamic Revolution that toppled the shah in 1979, denied Alaeddin Boroujerdi's accusation.

"Siemens does not have any business ties with Iran's nuclear program and does not supply any technical equipment for it," a spokesman for the Munich-based multinational said.

(Additional reporting by Fredrik Dahl in Vienna, Maria Sheahan in Frankfurt, Zahra Hosseinian in Zurich; Editing by Robin Pomeroy)

Source: http://feeds.reuters.com/~r/reuters/topNews/~3/NotsUMXuKbk/us-iran-nuclear-idUSBRE88M0AT20120923

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Dog given up during Hurricane Katrina turns up in NC

News14 Carolina

A 15-year-old white poodle named Shorty was separated from his original owners in Louisiana in the aftermath of Hurricane Katrina.

By NBC News staff

A dog given up in the aftermath of Hurricane Katrina seven years ago has been found wandering along a road in North Carolina, and its original owners in Louisiana say they want him back.

The 15-year-old white poodle named Shorty has a microchip and staff at the Cabarrus Animal Hospital?in Kannapolis, N.C., were able to trace it to its family in New Orleans.

The family apparently gave up Shorty to a caretaker during or shortly after Katrina struck Louisiana in late August of 2005, flooding much of New Orleans after levees failed, said Dr. Blake Peurifoy, a veterinarian at Cabarrus Animal Hospital who has been treating the dog.

?They (the owners) were hit really hard during Katrina. They lost their home and didn?t have the ability to take care of their dog so they gave it away. They don?t know where it went from there,? Peurifoy told NBC News on Sunday.

The story of the dog?s discovery was first reported by News14 Carolina.?

It?s unclear how Shorty eventually ended up in Kannapolis, a city in Cabarrus County about 25 miles northeast of Charlotte and about 735 miles northeast of New Orleans. It?s also not known how long the dog has been on its own.

WCNC said a teenager in Concord, N.C., called the station on Sunday upon hearing about the dog in the news. The teen said his family had been taking care of the dog for the past several years, according to the TV station. The dog became lost earlier this month and the family has been looking for it ever since, the caller said.

A passer-by going to work spotted the dog wandering along a street in Cabarrus County about two weeks ago, Peurifoy said.

?The gentleman said it was walking in the middle of street. He dropped it off and asked if we could take care of it.?

The approximately 15-pound dog looked in sad shape, its eyes infected and its fur soiled, matted and crusted from head to toe. ?We cleaned him and clipped him up, gave him a bath and turned him back into a white dog,? Peurifoy said.

Staff at the animal hospital then contacted the original owners.

?Apparently they were ecstatic about the dog. They were crying and really happy, really interested in getting the dog back whether he lives another three months or three years,? Peurifoy said.

Veterinarians estimate it?ll be about two weeks before Shorty is healthy enough to be released. Peurifoy said Shorty needs surgery for severe dental disease and also has a heart murmur.

The hospital is treating Shorty free of charge but is hoping someone will volunteer to help transport Shorty back to Louisiana.?

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Source: http://animaltracks.today.com/_news/2012/09/23/14047706-dog-given-up-during-hurricane-katrina-turns-up-in-nc?lite

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Pump prices fall; oil prices up slightly

The average price for gas dropped about 4 cents since last Friday, the biggest weekly decline in about three months.

Analysts say motorists should see further declines through autumn. But they warn that the decreases will happen slowly because of ongoing supply issues in some regions of the country.

Auto club AAA says the national average fell about a penny overnight to $3.833 per gallon. That's still nearly 12 cents more than a month ago.

Meanwhile, oil rose slightly, but is still headed for its biggest weekly decline since late June. Traders are uncertain about the global economy and oil demand has weakened while supplies are plentiful. Benchmark oil rose 73 cents to $93.16 in New York.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-09-21-Oil%20Prices/id-7b2098790ecb4b78955017f072a3ba24

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Putin: Romney helped Russia by calling it top foe (The Arizona Republic)

Share With Friends: | | Politics - Top Stories News, RSS Feeds and Widgets via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/247544933?client_source=feed&format=rss

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Bolivian VP and journalist marry in Aymara rites

LA PAZ, Bolivia (AP) ? The nation's vice president and his bride chose for their Saturday nuptials a temple of stone walls that the ancient Aymara people constructed some 3,000 years ago to observe the heavens.

The unusual ceremony uniting 49-year-old Vice President Alvaro Garica with Claudia Fernandez, a 25-year-old journalist, was held at an ancestral site honoring the Pachamama, or Mother Earth, in a place called Tiwanaku, about 70 kilometers west of the Bolivian capital of La Paz.

Crews from two television channels provided coverage of the ceremony attended by about 200 people, including Bolivian President Evo Morales, Nobel peace laureates Rigoberta Menchu of Guatemala and Adolfo Perez Esquivel of Argentina, government ministers, ambassadors and Aymara dignitaries.

A pair of shamans bathed the couple in incense smoke and asked the Pachamama and other Andean gods to produce good omens for the pair at the archaeological site located near Lake Titicaca.

In a modern touch, the bride wore a full-length white bridal gown by a French designer. They planned to celebrate a more traditional wedding ceremony Sunday at a Roman Catholic Church.

Although Garcia is not of indigenous origin, Bolivia's president is and often refers to his Aymara roots. Although it has become increasingly popular for non-indigenous Bolivians to make offerings to the Pachamama, a full Aymara wedding is quite unusual, even for indigenous couples.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-09-08-Bolivia-Aymara%20Wedding/id-e1ca7b19700149c0bed450c9e04a805e

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Watchdog Agency Investigates Brain-Cancer Deaths at UC-Davis ...

The Chronicle of Higher Education ? September 6, 2012

A federal watchdog agency is investigating the case of two neurosurgeons at the University of California at Davis whose patients died while undergoing an experimental treatment for brain cancer, leading the doctors to be?barred from conducting research?on human subjects. The university confirmed this week that the Centers for Medicare and Medicaid Services, an agency in the U.S. Department of Health and Human Services, had asked the state to review the care of the physicians? patients, according to?The Sacramento Bee.?The doctors introduced bacteria into three consenting patients? open head wounds, theorizing that the subsequent infections would trigger an immune response to fight the cancer. Two of the patients developed sepsis and died within weeks, and the third died months afterward. A university spokeswoman said the findings of the inquiry, by the California Department of Public Health, are expected in about a month.

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Source: http://www.cappsonline.org/8479/watchdog-agency-investigates-brain-cancer-deaths-at-uc-davis/

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