Eat kangaroo to ’save the planet’ BBC
Mixed fortunes for world’s whales BBC
New evidence implicates humans in prehistoric animal extinctions PhysOrg
Property market grinds to a halt amid mortgage drought Times Online
MBIA DESERVES to Go Belly Up Barry Ritholtz
Whispers of a Watergate for Bush Clive Crook, Financial Times
Fed Watch: The Rapid Reversal Tim Duy, Economist’s View. Duy thinks we will bump along at this level for a while and not have another lurch downward. I think he has underestimated the impact of continued deterioration in the housing market and consumers being forced to delever (or at least not gear up any further).
Current Account Adjustment Redux? What’s Different this Time Around Menzie Chinn, Econbrowser. An important post that suggests that the dollar rally will not have legs.
Antidote du jour:







Life, Death and Twitter on the African Savannah
http://www.wired.com/culture/lifestyle/news/2008/05/kenya_blogger
Kimojino’s online outreach is an effort to raise awareness and money for the park, and it’s urgent: Without the funds he raises online, his employer, the Mara Conservancy, would go broke. Admission fees from park visitors are the conservancy’s primary source of revenue, but tourism dropped to almost zero during Kenya’s post-election violence, and hasn’t snapped back.
But the park’s online efforts are working. Despite relatively modest traffic, the blog raised $40,000 from donations in March. Kimojino’s Facebook page drew about $2,000; and a handful of safari companies bought advertising on the blog in exchange for sponsoring rangers.
“All the rest has been from single donations from individuals around the world, from donations as small as $5 to our biggest, which was $5,000,” says William Deed, the experienced blogger behind the park’s online outreach effort.
Kenya’s wildlife is seriously threatened by poaching, except in parks like the Mara Triangle, which employs rangers to protect animals. The rangers’ salaries are paid from park fees, but tourism has dropped 90 percent. To keep the conservancy running, the park’s online outreach needs to raise $50,000 a month until the tourists return — a job that’s fallen into Deed’s lap.