Egypt

  

The world around Mubarak appeared to be shrinking but that doesn’t mean he is without friend and money. The Mubarak family fortune is extensive and some of the wealth parked in Swiss banks has been frozen, while considerable assets exist worldwide. While it is well known that Swiss banks might hold the bulk of the assets, estimated to be up to $70 billion, and there are many business ventures and real estate holdings around the world.

There are posh properties in the Mubarak name in London, New York, Los Angeles and even Rodeo Drive in Beverly Hills, California.. Mubarak's two sons, Gamal and Alaa are reportedly billionaires in their own right. Gamal, a billionaire businessman is known to own a home in the exclusive London suburb of Belgravia.

Not unlike organized crime in the U.S., money is made through legitimate businesses. Instead of the corporate entities being a sham however, in the case of Egypt the businesses are partnerships with foreign interests. In a nod to the blatant habit of other countries to demand a kick back for permission to do business in the country, the Mubarak way is to take a position in the company.

From the time Mubarak was in the military he learned that foreign investors were willing to give up an estimated 20% of company equity to get a foothold in Egypt. Boat loads of money flow from successful business profits that are then stashed in Swiss banks or used to invest in real estate outside of Egypt. Some property is owned in Egypt particularly in and around the Sharm el-Sheikh resort town, including hotels that are popular with tourists, his ability to reach into the economic sphere and benefit from monopolies, bribery fees, red-tape fees, and nepotism. It was guaranteed profit in his remarkable three decades of iron fist ruled.

Mubarak also spread the wealth far and wide in Egyptian power circles–another Middle Eastern tradition–one reason he incurred the kind of loyalty that allowed him to rule for decades. Top Army officials were almost certainly on his payroll, which might help explain why the Army eased him out in the end–allowing a kind of in-country exile–instead of hounding him out of Egypt or imprisoning him once it was clear the tide had turned against him for good.

 Egypt's military took control of the country following Mubarak's departured. President Obama reaffirmed his admiration for the people of Egypt following 18 days of protests; and continue his  pledged to provide any support requested by Egypt including financial backing, as the country works toward free and fair election.

BP Oil Spill

Oil slick can be seen visibly on the water from the bridge of the supply vessel Joe Griffin at the site of the Deepwater Horizon oil spill in the Gulf of Mexico since April 20th, 2010. The volume of spill to date is by far America's worst-ever, surpassing the volume of the 1989 Exxon Valdez disaster; and is still continue gushing at least several hundred of gallons of oil daily from the 5,000 feet undersea 's blown out valve.




It all began with an explosion; which blasted apart an oil rig and killed 11 workers; Oil has now fouled the coast of a fourth state, Florida, where swimmers in Pensacola rushed out of the water after getting slime by oil. In Louisiana, where coastal marshes have morphed into oil pools killing wildlife and putting fishermen and shrimpers livelihood at risk.

Scenes of pelican waddling ashore dripping globs of oil and smaller oil sludge covered birds being knocked over by wave . The brown pelican, Louisiana state 's bird choking to death on BP's spill oil is heart wrecking scene, the fear of more sea creatures like sea turtle, fishes, dolphin, sea lion will be added to the list of endanger species is getting longer as the day go by in and around the gulf of Mexico.

Guatemala

A huge sinkhole in Guatemala City crashed into being on Sunday swallowing a three story building. Flood water from tropical storm Agatha caused the sinkhole to finally collapse. The sinkhole appears to be about 60 feet in diameter and 30 stories deep.

Sinkholes are natural depressions that can form when water-saturated soil and other particles become too heavy and cause the roofs of existing voids in the soil to collapse; or it can form is if water enlarges a natural fracture in a limestone bedrock layer. As the crack gets bigger, the topsoil gently slumps, eventually leaving behind a sinkhole.

Depending on the makeup of the subsurface layer, the sinkhole could eventually enlarge and take in more buildings.

Laughter

Toyota Motor Corp. is recalling about 3,800 Lexus LS sedans in the U.S on Friday to fix problem with the vehicle's steering system following a similar recall in Japan.

The recall affects some 2009 and 2010 LS 460 and LS 600h sedan. The automaker has been working to react faster to problems after coming under government scrutiny and being slapped with a record $16.4 million U.S fine for its slow response to its accelerator pedal recalls. It is also facing hundreds of states and federal lawsuits. Those recalls affected more than 8 million vehicles worldwide.

To prevent another massive recall and punish with hefty fine from government, Toyota president also reveal the company 2011 new "Cowrolla" zero greenhouse gases emission model; in which he guarantee to the company loyal customers and the public they should not have to worry about any safety issue related recall again in the future.

China

Beijing's pervasive policing of cyberspace and attempts to block the Internet are already among the world's most stringent. The Ministry of Public Security said the "purification of the Internet" and fighting of online crime are closely tied to the country's stability. Nearly 9,000 pornographic Web sites have been deleted from the Internet and 5,394 suspects captured in 2009, although it did not say how many of them were formally arrested or charged; but have vowed to strengthen Internet policing .

It said future efforts would focus on China-based operators of overseas-registered Web sites and companies that provide Internet services, or register domain names or rent virtual space to sites with pornographic content. It also says the main targets of its Web censorship are pornography, gambling and other sites deemed harmful to society.

Porn internet surfing is long regraded as a privilege for the communist party officials in China and allow thousand or possibly million of 'horny' Chinese unlimited free access is against the national interests, claims one high ranking communist official.

Critics, however, say that often acts as cover for detecting and blocking sensitive political content. Its restrictions of the Internet are often referred to as the "Great Firewall of China."

Many foreign sites have been blocked by China's Internet authorities, including YouTube, Facebook, Twitter and a host of other media and news Web sites.

Last year, China backed down from a requirement for new computers to be loaded with a controversial Internet-filtering software known as Green Dam Youth escort after a major outcry from Chinese citizens and computer companies.