Archive for the 'Economy' Category
Spaniards Loot Grocery Stores in Cadiz and Sevilla
September 6th, 2012Via: SHTFplan: Social safety nets across the continent are visibly under stress and breaking down, so much so that unemployed Spaniards have begun raiding supermarkets in order to put food on the table. As recently as last month the people of Cadiz and Sevilla, which have a reported unemployment rate of 32%, joined together to […]
Honduras Sets Stage for 3 Privately Run Cities
September 6th, 2012Update: It’s Over for Now: Honduran Supreme Court Rejects ‘Model Cities’ Idea This was sent in by almaverdad2. Via: AP: Honduras’ Supreme Court has struck down a plan to build a series of model cities with their own independent tax and justice systems, a proposal that was meant to spur economic growth in this Central […]
Google’s Eric Schmidt: 1.3 Million Android Activations a Day
September 6th, 2012So it goes… Via: Engadget: Kicking off the Motorola event in NYC, Google’s Eric Schmidt has revealed some new Android figures for its captive audience of journalists and bloggers. It’s now notching up some 1.3 million activations a day, which includes around 70,000 tablets (“We were late to them”, notes Schmidt) every 24 hours. Related: […]
Arizona: Three Hour Emergency Room Visit for Scorpion Sting Cost $83,046
September 6th, 2012Identical treatment in Mexico: $200. Via: Arizona Republic: Her symptoms subsided after she received two doses of the drug Anascorp through an IV, and she was discharged from the hospital in about three hours. Weeks later, she received a bill for $83,046 from Chandler Regional Medical Center. The hospital, owned by Dignity Health, charged her […]
Not The Onion: Eurozone Demands Six-Day Work Week for Greece
September 5th, 2012Via: Guardian: Greece’s eurozone creditors are demanding that the government in Athens introduce a six-day working week as part of the stiff terms for the country’s second bailout. The demand is contained in a leaked letter from the “troika” of the country’s lenders, the European commission, European Central Bank, and International Monetary Fund. In the […]
Estonia to Teach Programming in Schools from Age 6
September 5th, 2012Via: Geek.com: With the launch of the Raspberry Pi, computers are becoming affordable again for the younger generations. Now what we need is kids learning about computers in greater detail, including what the hardware is inside the box, and how to create rather than just use software. Estonia looks to be the pace setter in […]
Depression, Suicides Rise as Euro Debt Crisis Intensifies
September 5th, 2012Just hand more billions of euros to criminal bankers and tax the victims to pay for it. Brilliant plan. Via: CNBC: Europe is approaching a crisis as the region’s debt crisis and austerity measures increase the rates of depression, suicide and psychological problems – just as governments cut healthcare spending by up to 50 percent, […]
Food-Stamp Use Climbs to Record
September 4th, 2012Via: Bloomberg: Food-stamp use reached a record 46.7 million in June, the government said, as Democrats prepare to nominate President Barack Obama for a second term with the economy as a chief issue in the campaign. Participation was up 0.4 percent from May and 3.3 percent higher than a year earlier and has remained greater […]
Spaniards Pull Out Their Cash and Get Out of Spain
September 4th, 2012Via: New York Times: Mr. Vildosola is among many who worry that Spain’s economic tailspin could eventually force the country’s withdrawal from the euro and a return to its former currency, the peseta. That dire outcome is still considered a long shot, even if Spain might eventually require a Greek-style bailout. But there is no […]
A Virus That Kills Cancer
September 4th, 2012Via: Telegraph: Sitting in a refrigerator in a Swedish laboratory is what promises to be a cheap and effective cancer treatment. So why are the trials to bring it to market not going ahead? … ‘Lack of how much money? Give me a figure,’ I pressed. ‘What sort of price are we talking about to […]
