Archive for March 2nd, 2011

March 2, 2011

Saudi’s markets tumble amidst ‘people power’ fears

According to the Telegraph, serious investors are leaving the Gulf in droves because of escalating worries about  ‘people power-type’ rebellions due recent civil unrest in Bahrain and Saudi Arabia. This week, Saudi’s Arabia’s Tadawul stock index went down 11pc with trading dominated by banks and insurance companies. Dubai‘s borse is also trading quite low.

Recent sellings were precipitated when a Shi’ite cleric in Saudi’s Eastern Province was arrested recently after asking for the country’s move to democracy and a constitutional monarchy.  The Shi’ites are in the minority over the ruling Sunni elite and this has been a cause of contention in Bahrain and Saudi generally.

As Saudi is the world’s centre for global crude oil supply, JBC Energy, a high-profile consultancy said, according to the Telegraph: “Unrest in this region can have fatal consequences for the world”. “The plunge on the Saudi stock exchange can be interpreted as a sign of waning trust.”

[Middle East and Africa Contributor]

March 2, 2011

Aliens have landed in Sao Paolo, Brazil?

If you are concerned about life outside earth, Sao Paulo, Brazil is the place to be right now. Why? Well, according to the Telegraph’s report (click on picture to see video), aliens may well have landed in that city.

A video showing the arrival of the aliens was reported on Brazilian TV station G1 and showed a fuzzy view of an ‘alien’ craft which hovered, then beamed lights to earth and then disappeared. The video was taken by helpful motorists (who were human it seems) as they were driving on the outskirts of the city.

The city remains braced to hear the alien’s demands. Will they be friendly? And if they ask the question that aliens must ask: ‘..will you take me to your leader?’, will the Sao Paoloans automatically direct them to Mr. Obama, or the local mayor?  Let’s wait and see and hope for the people of Sao Paolo that the video is a hoax as it is most likely to be.  Anyway, watch the vid and see and let us have your views.

[UFO Contributor]