Archive for the 'Economy' Category
Foxconn to Speed Up ‘Robot Army’ Deployment
June 27th, 2013Via: IT World: Manufacturing giant Foxconn Technology Group is on track with its goal to a create a “million robot army”, and already has 20,000 robotic machines in its factories, said the company’s CEO Terry Gou on Wednesday. Workers’ wages in China are rising, and so the company’s research in robots and automation has to […]
Genetically Engineered Sugar Beets Destroyed in Southern Oregon
June 27th, 2013Via: Oregon Live: Federal investigators are asking the public to help solve middle-of-the-night crimes that left ruined fields of genetically engineered sugar beets in rural Jackson County. The crop destruction took place over the course of two separate nights in early June, when an unknown individual or group destroyed about 6,500 sugar beet plants genetically […]
San Diego Man Facing 13 Years in Prison for Writing Anti Bank Slogans on Sidewalks Outside Banks
June 27th, 2013Update: Acquitted Via: AP: The mayor called the case “stupid” and a jury swiftly said it shouldn’t stick, taking the eraser to vandalism charges for a man who wrote anti-bank slogans on San Diego sidewalks. A Superior Court jury deliberated for five hours after a four-day trial before acquitting Jeff Olson Monday of the 13 […]
BP Thinks It Overpaid Damages for Gulf of Mexico Oil Spill Disaster
June 27th, 2013Via: AP: BP oil spill settlement payments are being aggressively contested by London-based BP. The company may seek to recover what BP calls ‘overpayments’ that businesses received from the court-supervised settlement program for the BP oil spill in the Gulf of Mexico. Research Credit: almaverdad2
80% of Pre-Packaged Foods in America Are Banned in Other Countries
June 25th, 2013Via: Yahoo: If you or your kids enjoy pre-packaged convenience foods commonly found in grocery stores across the U.S. such as Froot Loops, Swanson dinners, Mountain Dew, and frozen potato and bread products, you may think twice before purchasing them after hearing what they contain: dangerous chemicals that other countries around the globe have deemed […]
Anglo Irish Bank Executives: Financial Collapse as Piss Take
June 25th, 2013Via: Irish Independent: TAPE RECORDINGS from inside doomed Anglo Irish Bank reveal for the first time how the bank’s top executives lied to the Government about the true extent of losses at the institution. The astonishing tapes show senior manager John Bowe, who had been involved in negotiations with the Central Bank, laughing and joking […]
Africa: U.S. Spreads Blowback Nightmare
June 25th, 2013Via: Asia Times: A careful examination of the security situation in Africa suggests that it is in the process of becoming Ground Zero for a veritable terror diaspora set in motion in the wake of 9/11 that has only accelerated in the Obama years. Recent history indicates that as US “stability” operations in Africa have […]
Recovery: 76% of Americans Are Living Paycheck-to-Paycheck
June 24th, 2013Via: CNN: Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings, according to a survey released by Bankrate.com Monday. Fewer than one in four Americans have enough money in their savings account to cover at least six months of expenses, enough to help cushion the blow of a job loss, medical […]
Beijing Pollution So Bad That International Schools Build Filtered Air Domes for Children
June 22nd, 2013How about if all the shit-for-brains politicians in New Zealand, who gladly bend over for China, send their kids over there to play in the domes? Hmm? John Key? How does that grab ya? Via: Los Angeles Times: After nearly two decades in Beijing, David Wolf knew it was time for a change when his […]
Brazil: Biggest Protests in Two Decades
June 22nd, 2013I read something back in the 1990s in one of the International Relations journals (apologies for not being able to recall the source) that put forth the theory that most people in the world would be living in situations resembling a Brazilian favela in the century ahead, and states needed to figure out how to […]
