Archive for the 'Economy' Category
More Than 92 Million Americans Remain Out Of Labor Force
May 2nd, 2014Via: CBS: Despite the unemployment rate plummeting, more than 92 million Americans remain out of the labor force. The unemployment rate dropped to 6.3 percent in April from 6.7 percent in March, the lowest it has been since September 2008 when it was 6.1 percent. The sharp drop, though, occurred because the number of people […]
Miami’s Poor Live on $11 a Day as Boom Widens Wealth Gap; “This Is Where the Gentleman Ate the Homeless Guy’s Face”
May 2nd, 2014Via: Bloomberg: As the luxury bus ferried a dozen of his clients past building sites, Miami property consultant Peter Zalewski rattled off names of 50 area high-rises being financed by money from Venezuela, Hong Kong and Argentina. Blocks away, locals live on as little as $11 a day. It’s another boom in Miami, which has […]
New Zealand: Commercial Solar Boom Underway
May 1st, 2014The crooked power companies have gone too far. With electricity demand flat and prices nearly doubling since 2000, people are fighting back. This is just the beginning. What we’re dealing with in New Zealand is sort of mini, South Pacific version of Enron. I’ll have a lot more to write about this, but I want […]
‘Robin Hood of the Banks’
April 29th, 2014Via: Russia Today: Enric Duran, dubbed the ‘Spanish Robin Hood of the Banks’, for swindling 39 banks out of half a million euros to redistribute them to organizations fighting against the established financial system, spoke to RT Spanish to reveal his moves and motives. In hiding for more than a year, and in serious trouble […]
Pentagon to Destroy $1 Billion Worth of Ammunition [???]
April 29th, 2014Via: USA Today: The Pentagon plans to destroy more than $1 billion worth of ammunition although some of those bullets and missiles could still be used by troops, according to the Pentagon and congressional sources. It’s impossible to know what portion of the arsenal slated for destruction — valued at $1.2 billion by the Pentagon […]
China: Ten Recycled Concrete Houses 3D-Printed in 24 Hours [???]
April 28th, 2014😯 Via: International Business Times: A Chinese construction firm based in Shanghai has succeeded in building 10 houses each measuring 200 square metres in 24 hours by using an enormous 3D printer. The houses are all eco-friendly and constructed from 3D-printed building blocks made from layers of recycled construction waste and glass fibre and mixed […]
The Desperate Hustle as a Way of Life
April 27th, 2014Via: City Paper: Here is the future: nobody gets any job security. Nobody gets a fair wage while they have a job. Nobody gets a retirement fund or even any guarantee they’ll be able to eat tomorrow. And almost everyone is doing everything they can just to get by—and paying some substantial portion of their […]
Japan’s Plan for Centimeter-Resolution GPS
April 26th, 2014Via: IEEE: A stranger to Tokyo could easily get lost in its urban canyons. And GPS navigation, stymied by low resolution and a blocked view of the sky, might not be much help. But that won’t be the case after 2018. Engineers at Tokyo-based Mitsubishi Electric Corp. report that they’re on track to start up […]
Trina Has Independent Certification of Solar Technology with Conversion Efficiency of 24.4%
April 25th, 2014No prices or release date have been indicated, but, “Currently in pilot production,” sounds a lot more promising than most radical developments in this area, which seem to be perpetually five to twenty years away. Make no mistake about it, 24.4% is a big deal—if the price is right. Via: Trina Solar Press Release: Trina […]
The End Of Net Neutrality
April 25th, 2014Via: Huffington Post: The new rules would allow companies like Netflix to pay Internet providers to stream their videos and other content more quickly. That could create two lanes on the Internet, fast super-highways that big tech companies can afford and a bumpy backroad where less fortunate websites dwell, consumer advocates say. Verizon, which sued […]
