Archive for the 'Economy' Category
Media Reports Allege Australian Politics Infiltrated by Italian Mafia
June 29th, 2015Via: Reuters: Two Australian media organisations reported on Monday that Australian politics has been infiltrated at high levels by the Italian mafia, although there was no suggestion of direct links between lawmakers and the criminal syndicate. A year-long investigation by the Australian Broadcasting Corporation and Fairfax media found one element of the Calabrian mafia, known […]
“Doctor Who Opposed Vaccines Found Dead in Apparent Suicide”
June 28th, 2015Via: AP: Dr. Jeff Bradstreet, an anti-vaccine physician, has been found dead in what police believe is a suicide. Bradstreet died of what authorities say appears to be a self-inflicted gun shot to the chest, the Associated Press reports. His body was found by a fisherman on June 19 in Rocky Broad River in Chimney […]
GREEK BANKS AND STOCK EXCHANGE SHUTDOWN FOR WEEK
June 28th, 2015Via: Sky: Banks in Greece and the country’s stock exchange will be shut all week in a sign of the deepening financial crisis. The drastic move comes after people rushed to withdraw their cash amid panic ahead of the referendum on bailout terms. Under the controls, there will be a daily €60 limit on withdrawals […]
Greece: Bank Holliday
June 28th, 2015Via: Washington Post: Greek leaders planned to shutter their banks on Monday amid last-ditch discussions about their nation’s economic future, as panicked citizens tried to pull their money from their accounts while they still were able. Sunday’s decision to declare a bank holiday was a signal that Greece’s five-year battle to stay in the shared […]
Mountain View Man Renting Out Small Tent Near Google For $965 Per Month
June 26th, 2015Via: CBS: The housing crisis in the South Bay has a new form of short-term rental popping up. A man in the Monta Loma neighborhood of Mountain View is renting out a Coleman tent in a “beautiful garden” outside his home for visitors or slightly more permanent residences for the high price of $46 per […]
U.S. Senate Approves Fast-Track TPP Trade Bill
June 25th, 2015So it goes… Via: Stuff: US lawmakers approved legislation key to securing a hallmark Pacific trade deal by a comfortable margin on Wednesday, advancing President Barack Obama’s efforts to strengthen US economic ties with Asia. Senators voted 60 to 38 to approve legislation to streamline Congress’s consideration of trade deals, including Obama’s 12-nation Trans-Pacific Partnership […]
Processed Food Losing Market Share to Fresh and Organic Alternatives
June 24th, 2015With regard to “organic,” watch out: Who Owns Organic Brands And Why You Should Care. Via: Fortune: Major packaged-food companies lost $4 billion in market share alone last year, as shoppers swerved to fresh and organic alternatives. Can the supermarket giants win you back? Try this simple test. Say the following out loud: Artificial colors […]
China’s Troubling Robot Revolution
June 24th, 2015Via: New York Times: OVER the last decade, China has become, in the eyes of much of the world, a job-eating monster, consuming entire industries with its seemingly limitless supply of low-wage workers. But the reality is that China is now shifting its appetite to robots, a transition that will have significant consequences for China’s […]
Why the Saudis Are Going Solar
June 23rd, 2015Disclosures: I sell solar power systems in NZ. I’m long Enphase Energy. — Via: The Atlantic: Prince Turki bin Saud bin Mohammad Al Saud belongs to the family that rules Saudi Arabia. He wears a white thawb and ghutra, the traditional robe and headdress of Arab men, and he has a cavernous office hung with […]
The Way Humans Get Electricity Is About to Change Forever
June 23rd, 2015Disclosures: I sell solar power systems in NZ. I’m long Enphase Energy. — Via: Bloomberg: Solar Prices Keep Crashing The price of solar power will continue to fall, until it becomes the cheapest form of power in a rapidly expanding number of national markets. By 2026, utility-scale solar will be competitive for the majority of […]
