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Potential fuel leak a concern for Costa Concordia

The latest concern over the heavily listing Costa Concordia, which ran aground Friday night off the coast of Italy, is whether a fuel leak could lead to an environmental disaster in the region.

The other CA bubble – Canadian housing bubble ripe for popping. Vancouver real estate increased by 142 percent from 2002 to 2011. Average detached home in Vancouver costs roughly $1 million while the median household makes $67,000 per year.

In the last few years I’ve noticed that many of the cable finance and housing shows highlight families in Canada.  Shows that talk about debt or home buyers are usually focused on families in Canada which is rather odd given that we are here in Sout…

Report: 2 survivors trapped in capsized cruise ship

Rescue workers found two people still alive on a capsized Italian cruise ship, state television reported Sunday, according to Reuters.

Cruise ship runs aground off Italy; deaths reported

A cruise ship with up to 4,000 people on board ran aground on the island of Giglio, off the Tuscan coast, on Friday night, and UK media reported that at least two people died.

Rare white penguin spotted in Antarctica

David Stephens, a naturalist aboard Lindblad Expeditions’ National Geographic Explorer, photographed this rare white Chinstrap penguin on Monday on Antarctica’s Aitcho Islands.

Royal Caribbean sinks unlimited booze packages

Toast or tsk? The unlimited alcohol packages currently offered on the Britain-based Independence of the Seas won’t be available during the ship’s new seasonal deployment in Florida.

5 charts exploring the financial quicksand that real estate is stuck in for 2012 – Public debt now larger than GDP, entitlement challenges, post-bubble lows for housing, two lost decades for income, baby boomer demographics not looking positive for real estate.

As we look into 2012 we have much to be hopeful for but real estate is not a sector to pry into if you are expecting a rosy and sunny projection.  Real estate boomed because of easy access to what appeared to be an unlimited supply of debt.  Archimed…

2 planes make emergency landings at Vt. airport

A Vermont airport has responded to two emergency landings in one day.

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