Archive for the 'Economy' Category

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Recovery: More Americans Are Struggling to Afford Food

October 2nd, 2013

Via: 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, 2013

Via: 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, 2013

Via: 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, 2013

Via: 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, 2013

Via: 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 […]

India’s Booming ‘Rent-A-Womb’ Industry

September 30th, 2013

Via: Reuters: India opened up to commercial surrogacy in 2002. It is among just a handful of countries – including Georgia, Russia, Thailand and Ukraine – and a few U.S. states where women can be paid to carry another’s genetic child through a process of in-vitro fertilisation (IVF) and embryo transfer. The low-cost technology, skilled […]

Afghanistan: ‘$37 Million Aviation Facility May Have Been Used to Store Opium’

September 26th, 2013

Your what hurts? Via: Reuters: The U.S.-led effort to train the Afghan air force faces big challenges ranging from security threats to possible repercussions from a new review of infrastructure and equipment projects, the U.S. general in charge said. “This is a hard deal. We’re far from 100-percent guaranteed on delivery,” said Air Force Brigadier […]

Say Hello to Rick Ross

September 26th, 2013

Via: Esquire: Back in the day, Ross would offer the same deal with crack cocaine — to start you out, he’d give you $100 worth for free and you could sell it for $300. Between 1982 and 1989, federal prosecutors estimated, Ross bought and resold three tons of cocaine. In 1980 dollars, his gross earnings […]

How Does Obamacare Affect Americans Living Abroad?

September 26th, 2013

*phew* For now, anyway… However, about 3/4 of Cryptogon readers will be affected by this, so… Via: Yahoo: If you’re living outside the US, you don’t have to purchase health insurance by the end of March, 2014, through what will be the newly established health insurance marketplaces in each state. And unlike other citizens residing […]

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