In a statement on Friday, 13 January, Bank Indonesia affirms that virtual currencies, including Bitcoin, are not recognized as legitimate instrument of payment, therefore not allowed to be used for payment in Indonesia. (more…)
On the night of Aug. 5, 2010, as residents slept, water began rushing through Leh, an Indian town in a high desert valley in the Himalayas.
Average total rainfall in the area for August is about a half-inch. During this 24-hour period more than 8 inches fell, causing severe damage and leaving 193 dead, hundreds missing and thousands homeless.
“Flash flooding events don’t happen often but when they do they are some of the scariest, most dangerous and quickest natural disasters that can happen,” said Kristen Rasmussen, a University of Washington graduate student in atmospheric sciences. “But now that we know what types of conditions to look out for, flash flood warnings in remote regions of India might be possible.” (more…)
