Nikkei down over 10% on Tuesday. 10%! And Nikkei did extremly poorly on Monday as well. Poor Japan, I hope they will be spared of more misery now and that damages can be mended effectively. It is comforting to see the international support for Japan.
Back to the stock exchanges however, one can’t help but notice that solar stocks have skyrocketed the last two days.
While the world markets have been down two days in a row, solar stocks have bucked the trend and skyrocketed as much as 20% in two days. And the momentum keeps building up.
The worlds largest producers of solar panels, Suntech Power and Yingli Green have shot through the roof today, with Yingli Green up from 10.50 on Friday to 12.25 today, Tuesday.
Solar stocks have been upgraded, nuclear power companies, such as Hitachi, that built the nuclear reactors in Japan have been hammered and downgraded, and even oil companies are being downgraded at the time of this writing.
Could this finally become the moment for solar companies to shine, not just economically as they already have over the last few years, but shine with a solid position ideologically and become immune to political instability from now on?
Ryanair boss Michael O’Leary tried to take the papers to the TV news reporter in today’s press conference in Oslo, Norway.
The company is being sharply criticized for its poor working conditions, including from an anonymous Rygge-employee who stands out in Moss Avis today – several trade unions are even boycotting the company.
NRK Østfold reporter Lars Håkon Pedersen experienced it all up close.
NRK’s reporter showed Michael O `Leary an employment contract that she wanted him to comment on. She tried to view a page that did not show the name of the contract owner. O `Leary took the contract out of her hands and tried to look at it,” says Pedersen.
The reporter was able to pull the document back again, so that O `Leary could not see who owned the contract.
What he saw was that it was not an employment contract, but a training contract for six months, “said Pedersen.
The incident happened at a press conference where Ryanair stated that they will have a fourth based plane in place at Moss Airport Rygge in March-April next year.
Conditions resembeling slave labor in Ryanair
The same day that Ryanair held the press conference, an employee spoke out about what he calls slave-like working conditions. The person who spoke to Moss Avis will remain anonymous. “Ryanair is firing people on the day over smaller issues than this. None of us are allowed to speak with the press,” said the employee, which tells of an hourly wage of 16 euros for the time the plane is in the air.
Ryanair again rejects all criticism
All Ryanair staff can theoretically join a union, but it is true that we do not negotiate with unions. We are instead in a dialogue with representatives of our own employees, “said McNamara to Moss Avis.
He denies that the employees will only get paid for the time they are in the air, and that one gets fired for getting too late, if it is not repeated after the warnings.
So what is the purpose of this Iraq inquiry? To mock democracy? But even that is rather costly.
Anyway, no change will come from this. Why does media even cover this farce?
Meanwhile, some other religious terrorist named Osama bin Laden, a mass murderer who owns his fortunes to oil, makes public complaints about other people polluting and benefitting from, oil!
Stupidity has no limits.
Welcome to 2010!
The Norwegian subway system in Oslo caught fire again on Saturday.
Nobody was reported to be harmed by the regular incident.
Norway is famous for having the least well functioning public transport system in the world. If you are thinking about going to Oslo for the Eurovision Song Contest 2010, you may want to bring your own fire extinguisher.
Pat Robertson, famous millionaire, war lover, and demagogue, has done it again. Even if we are only 14 days into the new year, the demagogue has won the 2010 award as the most selfish and unsympathetic bastard alive, by stating that Haiti deserves the death and catastrophe it is experiencing. Simultaneously he may win the 2010 award for insanity, although he is still in ties with Sean Hannity on that one.
It is time for everyone to react to this outrageous statement by that inhuman creep we have pestering the earth. Do your moral duty and let Robertson have it!