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LY D © oF VE\N> above the Earth's surface. In early December, a group of researchers from a the Technical University of Serres in Greece released research data showing that DEMETER detected a significant change in ultra- low-frequency radio waves in the ionosphere above Haiti in the month before the quake. "The results reveal a significant increase of the energy of ULF waves, up to 360%, for a period of one month before the main earthquake compared with the energy of the background," they said. In a carefully worded statement, Michael Athanasiou, one of the scientists involved, said: "The results of this paper clearly indicate that ULF electromagnetic waves can be very useful in revealing possible precursor seismic phenomena.” (Source: Technology Review, 9 December 2010, http://tinyurl.com/4aaquhy) FEDERAL RESERVE THE MOST PROFITABLE BANK IN HISTORY he financial crisis has WN helped the Federal Reserve in the US become the most profitable bank in history. "The Fed" turned a USS80.9 billion profit in 2010, $76.2 billion of which came from securities that it bought during the crisis. The Fed's interest costs are minimal because almost all of its liabilities, such as bank reserves, are paid at the overnight rate of 0.0% to 0.25%, but many of the longer-term assets it has bought yield 4.0% or 5.0%. Most of the Fed's income ($76.2 billion) came from interest on the approximately $2,000 billion of securities it has acquired as part of its efforts to stimulate the US economy. It earned $7.1 billion in net income from special-purpose vehicles, such as that set up to buy assets from the failed investment bank Bear Stearns, and $3.4 billion from its loans to the bailed-out insurer AIG. (Source: The Financial Times, London, 10 January 20n, http://tinyurl.com/4lxxc6l) ULF RADIO EMISSIONS RECORDED OVER HAITI BEFORE QUAKE he French satellite DEMETER observed a dramatic increase in ultra-low-frequency (ULF) radio waves over Haiti in the month before the M7.0 earthquake in January 2010. DEMETER (Detection of Electro- Magnetic Emissions Transmitted from Earthquake Regions) was launched in 2004 by the French space agency CNES into a polar orbit approximately 700 kilometres IS WI-FI KILLING TREES? Rec in the Netherlands has shown that trees that were planted in close proximity to a wireless router suffered from damaged bark and dying leaves. The city of Alphen aan den Rijn, in the west of the country, ordered the study five years ago after officials found unexplained abnormalities on trees which they did not believe had been caused by any known viral infection. The researchers took 20 ash trees and exposed them to various kinds of radiation for three months. The trees were exposed to six sources of radiation with frequencies ranging from 2412 to 2472 MHz and a power of 100 mW at a distance of just 20 inches [50.8 centimetres]. Trees placed closest to the Wi-Fi radio developed a "lead-like shine" on their leaves that was caused by 8 * NEXUS FEBRUARY - MARCH 2011 www.nexusmagazine.com