Market Turmoil Follows S P Downgrade Of U S Debt
Global stocks slid on the first trading day after S P downgraded long term U S debt. Dow fell 634.76 points as investors sought safety in Treasuries and gold topped 1700 dollars. Europe’s debt crisis and weak economy fueled the selloff across markets.
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New York
Standard & Poor
U.S
Europe
Treasury
S&p
Dow
U.S. Treasury
Italy
Spain
UI instruments aboard Juno mission aim to study Jupiter
University of Iowa researchers contribute to NASA’s Juno space probe, adding a UI built radio and plasma wave instrument for a five year voyage to Jupiter. Launch faced a delay but eventually lifted off at 11 25 a.m. from the launch site amid cheers at Van Allen Hall.
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Diane Heldt
Gazette
Juno
van Allen Hall
University of Iowa Department of Physics and Astronomy
Cape Canaveral
Florida
Iowa City
Jupiter
Iowa Cropland Values Jump 23.9 Percent in 2011
Iowa cropland values rose 23.9 percent in 2011, leading the nation per USDA data. The average Iowa cropland value reached $5,700 per acre, with ISU economist Mike Duffy noting consistency with other farmland value findings across states and regions.
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Dave DeWitte
Ne Gazette
Iowa
USDA
Iowa State University
Mike Duffy
ISU
Iowa Farmland Values Seen Rising Amid Low Rates
Farmer Duffy cites low interest rates and high corn and soy prices as driving stronger returns. He notes Iowa’s high land concentration suggests land values will stay buoyant with the upcoming 2011 farmland value survey to be released in December.
MENTIONED IN THIS ARTICLE
Duffy
Iowa
Emerald Knights Site Favored for Cedar Rapids Fire Station
Cedar Rapids Council weighs purchasing the Emerald Knights block between First and Second avenues SE and Seventh and Eighth streets SE for a new central fire station at 3.23 million dollars. The site honors the Emerald Knights Drum and Bugle Corps, with assessor valuation listed at 958694 and historical value around 1.37 million before recent demolition. The real estate contracts depend on funding approval from federal authorities.
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Gazette
Cedar Rapids
Emerald Knights
First
Second Avenues
Seventh and
Eighth Streets
Emerald Knights Drum & Bugle Corps
Joe O’hern
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