UT San Diego
The La Jolla exotic car dealership tied to a local election campaign donation scandal is on the move.
Signs on the Symbolic Motor Car Co. dealership at 7440 La Jolla Blvd. have been changed to O’Gara Coach.
Word has it, the Beverly Hills O’Gara Coach dealership for Bentley, Bugatti, Lamborghini, Rolls-Royce and Aston Martin is taking over the La Jolla showroom.
In another two decades, rare commodities may become seriously scarce.
According to Goldman Sachs, the world has about 20 years’ worth each of known minable reserves of gold GCJ5, -0.10% diamonds and zinc. Platinum PLJ5, +2.30% copper HGK5, -1.55% and nickel reserves only have about 40 years or less left. Continue reading
The beginning of the month always has a lot of economic data. From the Non-Farm Payrolls report to ISM to Factory Orders, there’s a ton for people to sift through. Typically the Jobs Report, which is scheduled to be released on Friday, sucks up the vast majority of attention. Continue reading
Yemen’s President Abd-Rabbu Mansour Hadi departed his refuge in Aden under the protection of the Saudi army on Thursday, arriving in Saudi Arabia as Houthi rebels battled with forces loyal to him just outside the southern port city.
Warplanes from Saudi Arabia and Arab allies bombed at Houthi forces, who have conquered much of the country in their campaign against Hadi. Continue reading
La Jolla has 106 private homes designated historic by the City of San Diego
La Jolla Historical Society online: lajollahistory.org
The city gave a shout-out to the people who assume the painstaking, often costly process of restoring and maintaining old homes that add character and a sense of place to La Jolla’s neighborhoods, proclaiming March 14, 2015 “La Jolla Landmarks Day.” Continue reading
Gold has increased for five straight days and is now positive for the year 2015. According to one top financial technician, who works at Bank of America, the rally has just begun.
On Tuesday’s “Futures Now,” Bank of America Merrill Lynch’s head of global technical analysis, MacNeil Curry, argued that, in the near-term, we’d likely see a “correction” in the dollar over the “next couple of weeks,” coupled with falling yields on Treasurys, all of which could lay the groundwork for a sustained and sizable rally in gold that could see it over $1,300 by the end of May.
Frankfurt, Germany police have barricaded and barbed wired the European Central Bank headquarters in preparation for demonstrations against “government austerity and capitalism.”
The Blockupy alliance claims activists are planning a blockade of the new headquarters of the ECB ahead of a ceremony Wednesday to inaugurate the building, as well to disrupt so-called “capitalist business as usual.”
Approximately 10,000 people are expected to show up for a rally in Frankfurt’s main square, the Roemerberg, a popular business center in the city. Organizers are chartering a special train to bring demonstrators from Berlin to Frankfurt, while others are busing in from all over Europe.
Frankfurt police expect most demonstrators to be peaceful, but violence-prone elements could use the crowds as cover.
The ECB, along with the European Commission and International Monetary Fund, has been dubbed a part of the “troika” monitoring compliance with the conditions of bailout loans for financially troubled countries such as Greece. These conditions entail spending restraint and reducing deficits, and are aimed at reducing debt but have also been blamed for unemployment and slow growth.
Greece’s recently elected left-wing government claims such policies as exercised by the ECB have started a “humanitarian crisis” of poverty for pensioners and others.
ECB President Mario Draghi wants more spending by governments in good financial shape such as Germany.
The ECB says it plans to be “fully operational.”
The La Jolla Symphony and Chorus is doing something few orchestras are willing to try. They will perform composer Hector Berlioz’s ”Requiem,” this weekend.
The 19th century composition is rarely performed because it requires such a huge ensemble. How huge?
An elderly female driver crashed her vehicle into the eastern (Eads Avenue) side of Dick’s Liquor store, 737 Pearl St., Monday afternoon (March 16). The vehicle also struck a city trash can decoratively coated with stone, which shattered on impact, causing a shard to strike a male pedestrian. Both the driver and the pedestrian were taken to the hospital and treated for their injuries and police believe both will recover. No other injuries were reported.
The driver was exiting the 76 gas station after a fillup. After proceeding slowly from the parking lot, police believe she intended to hit the brake and hit the accelerator instead.