Archive for the 'Economy' Category
How Afghan Opium Poppy Farming Has Grown
September 22nd, 2019Mission accomplished. Many articles on Cryptogon about this. One of my favorites: Afghanistan: Planned British Covert Operation Included Training in “Farming and Irrigation Techniques” for Taliban Fighters Via: BBC: The US has spent $1.5m (£1.15m) a day since 2001 fighting the opium war in Afghanistan.
Sacramento McDonald’s Tries to Drive Homeless Away with Siren
September 22nd, 2019Via: CBS Sacramento: A Sacramento McDonald’s is going to extremes to curb outside loitering. It’s playing a loud, strange sound on speakers outside the restaurant. The property at 30th and K streets appears to be a popular homeless hangout site. The siren is intended to annoy and reduce the number of people standing around the […]
American “Economic Refugees” Are Increasingly Retiring Abroad
September 21st, 2019Via: CBS News: The number of retirees who draw Social Security outside the U.S. jumped 40%, to more than 413,000, between 2007 to 2017, according to the Social Security Administration. To be sure, that’s a fraction of the nation’s 42 million retirees. But it reflects the financial realities for a growing number of baby boomers […]
United States Sending Troops to Saudi Arabia
September 20th, 2019Via: Reuters: U.S. President Donald Trump on Friday approved sending American troops to bolster Saudi Arabia’s air and missile defenses after the largest-ever attack on the kingdom’s oil facilities, which Washington has squarely blamed on Iran. The Pentagon said the deployment would involve a moderate number of troops – not numbering thousands – and would […]
Most Common Antidepressant Barely Helps Improve Depression Symptoms, ‘Shocking’ Trial Finds
September 20th, 2019Via: Telegraph: The most commonly prescribed antidepressant barely relieves symptoms of modern depression, a major study reveals. The largest independent investigation ever undertaken found patients taking sertraline experienced negligible improvements in mood. Published in the Lancet Psychiatry, the study comes amid mounting controversy over increased use of antidepressants by GPs in recent decades, with roughly […]
NY Fed to Pump $75 Billion Into Money Markets Daily Through Oct 10
September 20th, 2019Via: AFP: The New York Federal Reserve Bank said Friday it will inject billions into the US financial plumbing on a daily basis for the next three weeks in an effort to prevent a spike in short-term interest rates. The Fed will offer up to $75 billion a day in repurchase agreements — exchanging secure […]
Colt Suspends Production of AR-15 and Other Rifles for Civilians
September 19th, 2019Via: CBS: Gunmaker Colt Manufacturing said Thursday it is temporarily halting production of rifles for the civilian market, including the popular AR-15. In a statement, Colt CEO Dennis Veilleux said the company is not permanently ending production of the semi-automatic weapon, but believes there is already an adequate supply of such rifles on the market. […]
Why Is the NY Fed Pumping Billions Into the Money Market?
September 18th, 2019Via: AFP: For the first time in more than a decade, the US central bank this week stepped into financial markets to keep interest rates on short-term lending from popping above its target range. The New York Federal Reserve Bank conducted money market interventions on Tuesday and Wednesday and planned another for Thursday morning, as […]
Canada: High Ranking RCMP Official Arrested After Vancouver Company Sold Encrypted Cellphones to International Drug Traffickers and Money Launderers
September 17th, 2019If the devices are so secure, why are we reading about this? Hmm… Via: CBC: The investigation into top RCMP civilian official Cameron Ortis began with a shadowy, multimillion-dollar Vancouver-based company run by Canadians that sold encrypted cellphones to drug traffickers and money launderers around the world. The key figures behind Phantom Secure Communications even […]
U.S. Blames Iran for Saudi Oil Attack, Trump Says ‘Locked and Loaded’
September 15th, 2019Via: Reuters: U.S. President Donald Trump said on Sunday the United States was “locked and loaded” for a potential response to the attack on Saudi Arabia’s oil facilities, after a senior U.S. administration official said Iran was to blame.
