Archive for the 'Economy' Category
Fukushima: Radioactive Groundwater Nears Pacific
August 23rd, 2013Via: AP: Deep beneath Fukushima’s crippled nuclear power station, a massive underground reservoir of contaminated water that began spilling from the plant’s reactors after the 2011 earthquake and tsunami has been creeping slowly toward the Pacific. Now, 2 1/2 years later, experts fear it is about to reach the ocean and greatly worsen what is […]
The Confidential Memo at the Heart of the Global Financial Crisis
August 23rd, 2013Via: Vice: When a little birdie dropped the End Game memo through my window, its content was so explosive, so sick and plain evil, I just couldn’t believe it. The Memo confirmed every conspiracy freak’s fantasy: that in the late 1990s, the top US Treasury officials secretly conspired with a small cabal of banker big-shots […]
NASDAQ MARKET HALTED
August 22nd, 2013Via: Reuters: All trading on Nasdaq, the second-biggest U.S. stock exchange, was halted on Thursday shortly after midday due to a technical problem, the exchange said. All traffic through Nasdaq stopped at 12:14 p.m. EDT, the exchange said on its website, citing a problem distributing stock price quotes. The exchange, which lists about 3,200 companies, […]
United States Military Interest in New Zealand Cable
August 22nd, 2013Via: Stuff: The United States Defence Department could help pay for a new cable linking New Zealand, Australia, the United States and several Pacific Islands, an Auckland source says. He said the department had an interest in spending about US$100 million (NZ$120m) to directly or indirectly acquire a pair of optical fibres between the US, […]
Genetically Modified Crops Pass Benefits to Weeds
August 21st, 2013Via: Nature: A genetic-modification technique used widely to make crops herbicide resistant has been shown to confer advantages on a weedy form of rice, even in the absence of the herbicide. The finding suggests that the effects of such modification have the potential to extend beyond farms and into the wild. … Making weedy rice […]
Abandoned Dogs Roam Detroit in Packs as Humans Dwindle
August 21st, 2013Via: Bloomberg: As many as 50,000 stray dogs roam the streets and vacant homes of bankrupt Detroit, replacing residents, menacing humans who remain and overwhelming the city’s ability to find them homes or peaceful deaths. Dens of as many as 20 canines have been found in boarded-up homes in the community of about 700,000 that […]
Japan Nuclear Agency Seeks Fukushima Alert Level Upgrade
August 21st, 2013Via: BBC: Japan’s nuclear agency wants to raise the severity level of a radioactive water leak at the Fukushima plant from one to three on an international scale. Highly radioactive water was found to be leaking from a storage tank into the ground at the plant on Monday. It was first classified as a level […]
WinCo: Meet the Low-Key, Low-Cost Grocery Chain Being Called ‘Walmart’s Worst Nightmare’
August 21st, 2013Via: Time: Retail analysts say the world’s biggest retailer has reason to fear a small grocery chain that’s based in Idaho and boasts a business model that allows it to undercut Walmart on prices. So about that eye-catching Walmart quote. Those are the words of Burt Flickinger III, a widely respected supermarket-retailing-industry expert who works […]
Soda Consumption In Children Could Lead To Violent Behavior
August 19th, 2013In other news: “When parents did cut television out of their homes, they reported that their kids didn’t bug them as much for junk food and toys advertised on TV.” Via: CBS: Studies of young soda drinkers often focus on added risk for childhood obesity. But now, a new study suggests the sweet stuff could […]
Lies, Damn Lies and Chinese Economic Data
August 16th, 2013Via: CNBC: China may be exaggerating the size of its economy to the tune of $1 trillion by releasing “willfully fraudulent” inflation and GDP [gross domestic product] data, according to a study out this week. Numbers from the world’s second largest economy are treated with skepticism by some economists, but this latest report has attempted […]
