Archive for the 'Economy' Category
Swiss to Vote on Basic Income for All Adults and Maximum Wage Limits for Executives
October 5th, 2013Via: Reuters: Switzerland will hold a vote on whether to introduce a basic income for all adults, in a further sign of growing public activism over pay inequality since the financial crisis. A grassroots committee is calling for all adults in Switzerland to receive an unconditional income of 2,500 Swiss francs ($2,800) per month from […]
TellSpec
October 3rd, 2013Via: TellSpec: We are raising funds for the development and manufacture of TellSpec, the world’s first reliable and accurate handheld device that scans and analyzes the composition of food so consumers know the real ingredients before they buy or eat the food. TellSpec brings together laser spectroscopy and a unique mathematical algorithm in a revolutionary […]
Millions of Poor Are Left Uncovered by Health Law
October 3rd, 2013Via: New York Times: A sweeping national effort to extend health coverage to millions of Americans will leave out two-thirds of the poor blacks and single mothers and more than half of the low-wage workers who do not have insurance, the very kinds of people that the program was intended to help, according to an […]
Pentagon Spent $5 Billion on Weapons on the Eve of the Shutdown
October 3rd, 2013Via: Foreign Policy: The Pentagon pumped billions of dollars into contractors’ bank accounts on the eve of the U.S. government’s shutdown that saw 400,000 Defense Department employees furloughed. All told, the Pentagon awarded 94 contracts yesterday evening on its annual end-of-the-fiscal-year spending spree, spending more than five billion dollars on everything from robot submarines to […]
Recovery: More Americans Are Struggling to Afford Food
October 2nd, 2013Via: Gallup: More Americans are struggling to afford food — nearly as many as did during the recent recession. The 20.0% who reported in August that they have, at times, lacked enough money to buy the food that they or their families needed during the past year, is up from 17.7% in June, and is […]
Japan: New Robot Picks Ripe Strawberries While Farmers Sleep
October 2nd, 2013Via: AFP: A robot that picks ripe strawberries while farmers sleep has been unveiled with claims it could cut workloads by two-thirds. The device, unveiled Wednesday, can pick a piece of fruit every eight seconds by using three cameras to determine which strawberries are ready to pick. A mechanized arm then darts out to snip […]
Is Saddam Hussein’s Fortune in a Warehouse in Moscow?
October 1st, 2013Via: Daily Mail: A cargo of 20 billion euros in cash (£16.75billion) has lain unclaimed at a Moscow airport for six years amid allegations it could be the secret fortune of Saddam Hussein. The stash, now under high security in a cargo depot, is held on 200 wooden pallets each worth 100 million euros, enough […]
The California Industrial Hemp Farming Act
October 1st, 2013Via: Vote Hemp: Vote Hemp and the Hemp Industries Association (HIA), the nation’s leading hemp grassroots advocacy organization and industry trade group, respectively, each working to revitalize industrial hemp production and processing in the U.S., are excited to report that Governor Jerry Brown has signed SB 566, the California Industrial Hemp Farming Act. After moving […]
Student Loan Defaults Hit Highest Default Rate Level Since 1995
October 1st, 2013Via: Bloomberg: About one in seven borrowers defaulted on their federal student loans, showing how former students are buckling under higher-education costs in a weak economy. The default rate, for the first three years that students are required to make payments, was 14.7 percent, up from 13.4 percent the year before, the U.S. Education Department […]
Swiss War Game Envisages Invasion by Bankrupt French
September 30th, 2013[???] Via: Telegraph: Hordes of bankrupt French invade Switzerland to get their hands on their “stolen” money — such is the imaginary scenario cooked up by the Swiss military in simulations revealed over the weekend. Carried out in August, the apparently outlandish army exercise was based on the premise of an attack by a financially […]
