European stocks extended their losses on Monday with the British pound falling to its lowest level in almost 31 years in the wake of the economic and political uncertainty following the UK’s historic vote to leave the European Union.
Food prices are expected to rise after the UK voted to leave the European Union (EU), because of the country’s dependence on imports and devaluation of the pound. British farmers get about £3 billion in subsidies from the EU annually.
"Citizens of Great Britain have decided to refuse the diktat from Brussels. Now eight more countries want to hold referendums to exit the EU – France, Holland, Italy, Austria, Finland, Hungary, Portugal, and Slovakia all could leave. Italian ministers warned on Saturday that the European Union MUST change course or risk total collapse after Britain’s vote to leave the bloc.
Panama is preparing to officially open its canal this weekend to far bigger cargo ships after nearly a decade of expansion work aimed at boosting transit revenues and global trade.President Juan Carlos Varela will unveil the new locks and third shipping lane built into the 102-year-old canal. Foreign dignitaries, including the presidents of Taiwan, Chile and other Central American nations, will be present at the ceremony.
In the wake of Britain's unprecedented vote to leave the European Union on Thursday, reaction was tumultuous: Prime Minister David Cameron resigned, global financial markets were plunged into volatility, various nations consider their next moves; nationalist parties in Sweden, France, the Netherlands, and Denmark demand their countries also hold referendums on whether to leave or remain in the EU.
Prime Minister Dmitry Medvedev: "A referendum on the United Kingdom’s exit from the European Union has taken place," the prime minister said. "Certainly I would like to note this is a internal affair of the Britons. However, it’s obvious the results of this referendum are important not merely for the UK citizens and the European Union but for the global economy on the whole," it is important to analyze Brexit consequences now and the Russian government will decide on measures for the national economy.
With delivery trucks under constant attack, the nation’s food is now transported under armed guard. Soldiers stand watch over bakeries. Police fire rubber bullets at desperate mobs storming grocery stores, pharmacies and butcher shops. A 4-year-old girl shot to death as street gangs fought over food..
UK is unlikely to immediately leave the European market and stop financing the EU funds. At the same, they are likely to immediately cancel control of the European Supreme Court over their national security as well as undertake decisive measures to limit immigration. To leave the EU, the UK also needs to undergo a number of procedures. In particular, it must inform the European Council about its intention to withdraw from the Union. The European Council will then decide on the principles on the basis of which the UK's withdrawal will be discussed.
Stock markets from Tokyo to London collapsed on Friday as Britons voted to leave the European Union and David Cameron announced plans to resign as prime minister. The British pound suffered its biggest plunge since 1985, while the euro saw its biggest fall ever. More than £100 billion was wiped off the FTSE 100 as the index plunged almost eight percent at the start of trade in London. It was the biggest market fall in UK history. Germany's DAX and the CAC 40 in Paris were down as much as eight percent.
Britain voted to leave the European Union (EU) in yesterday’s referendum by a narrow margin—51.9 percent to 48.1 percent on a turnout of 72 percent. In response, Prime Minister David Cameron announced that he was standing down, but not until the Conservative Party conference in October. The referendum result has sent a seismic shock, not only through Britain but Europe and the world. It confounded the expectations of the financial markets, hedge funds, bookmakers and the political establishment. The UK is the fifth largest economy in the world and the second largest in Europe.
During the 12 months ending June 30, the number of people leaving California for another state exceeded by 61,100 the number who moved here from elsewhere in the U.S., according to state Finance Department statistics. The so-called “net outward migration” was the largest since 2011, when 63,300 more people fled California than entered.“The main factors are housing costs in many parts of the state, $2,100 a month in rent, $1,900 a month for child care.
"Agricultural production results: over last four months,a five percent growth in exports of agricultural products […] and an increase of 30.5% in physical volumes of agricultural products' supplies abroad,"; Russia's First Deputy Minister of Economic Development Alexei Likhachev, many other sectors of Russian economy demonstrated significant slowdown.
Israel Military Industries Ltd. (IMI Systems)announced it would sell 150 million worth of small caliber ammunition to the US civilian market. The agreement involves IMI's Yitzhak plant, where IMI manufactures light ammunition, and three major distributors of premium ammunition in the US market. IMI said that the types of ammunition involved, which were used by armies and were relatively expensive, were designated for sportsmen, firing ranges, and hunters.
Trump: "Here is my promise to the American voter," said. "If I am elected President, I will end the special interest monopoly in Washington, D.C." "The other candidate in this race has spent her entire life making money for special interests – and taking money from special interests."She ran the State Department like her own personal hedge fund – doing favors for oppressive regimes, and many others, in exchange for cash."Together, she and Bill made $153 million giving speeches to lobbyists, CEOs, and foreign governments in the years since 2001."The choice in this election is a choice between taking our government back from the special interests, or surrendering our last scrap of independence to their total and complete control.
On the eve of Thursday’s referendum on the United Kingdom’s membership in the European Union (EU), an event that threatens to substantially destabilize the world economy, the World Trade Organization (WTO) has warned that protectionism is on the rise as world trade stagnates. The threat by Britain to leave the EU is only the most visible expression of growing tendencies toward economic nationalism and autarchy, expressed in the rise of right-wing nationalist politicians such as Donald Trump in the United States, Nigel Farage in Britain, Marine Le Pen in France, and similar figures in other countries.
The International Monetary Fund is warning the United States to tackle poverty, downgrading its forecast for the country’s economy this year. IMF released an annual assessment of the US economy Wednesday, saying approximately one in seven Americans live in poverty. The US was urged to raise the minimum wage and offer women paid maternity leave in an effort to deal with poverty."Not only does poverty create significant social strains, it also eats into labor force participation, and undermines the ability to invest in education and improve health outcomes,” said IMF Managing Director Christine Lagarde.
Thousands of Brits have rushed to buy foreign currency during the last week over fears the pound will drop more than 20 percent if the UK votes to leave the EU.The Post Office reports sales of currencies are 74 percent higher this week than they were during the same week last year while online purchases jumped by 381 percent. Royal Mint – which produces gold and silver coins – says its sales soared by a third in June.
Transnational corporations are wreaking havoc on financial, economic, social and ecological systems in a creeping colonisation of public life where just 147 organisations now controls 40 per cent of global trade..
Maine Gov. Paul LePage threatening to completely eliminate Maine’s entire food stamp program unless the United States Department of Agriculture allows the state to restrict food stamps from being used to buy sugary foods and drinks; state has cut more than 40,000 people from receiving SNAP benefits between 2014 and 2015
Civil asset forfeiture carried out by the IRS on the premise of “structuring” violations; depositing or withdrawing just under $10,000 from your bank account multiple times is viewed as suspicious and possibly criminal activity. Between 2007 and 2013, the IRS seized $43 million in over 600 cases where only “structuring” violations were committed.
Hunter’s Warehouse Owner Tom Engle told the FOX Business Network’s Stuart Varney Saturday that his online gun shop, which carries an inventory of 300,000 to 400,000 weapons, has sold 30,000 AR-15s since Sunday. The Islamic State-supporting killer was actually armed with a Sig Sauer MCX carbine during last Sunday’s attack. The semi-automatic AR-15, which is routinely confused as being a “machine gun” or fully automatic weapon, is one of the most popular rifles in the United States. Engle noted that the price for AR-15s ranges from $350 to $8,000.
Since June 1, a dozen members of the group Food Not Bombs. an international political organization that protests war, poverty and the destruction of the environment, have been arrested for violating a new Orlando city ordinance that prohibits sharing food with large groups in downtown parks more than twice a year. The mayor of Orlando branded them “food terrorists.”
Francisco Dornelles, the interim governor of Rio, has declared a state of emergency over lack of funds, less than two months before it hosts the 2016 Olympic Games, local media said. Dornelles said the state’s financial difficulties stemmed from slumping oil prices and could prevent it from delivering on its commitments to prepare for August’s Olympic Games. The city has recently faced concerns over the Zika virus outbreak. The World Health Organization (WHO)’s chief Margaret Chan said last week that a special committee would assess whether it was safe for Rio to host the games.
Rice harvested in Japan's Fukushima region, heavily affected by a nuclear meltdown in 2011, is returning to the EU, starting with Britain next month, the Japan Times reports. 1.9 tons of Fukushima rice called Ten no Tsubu will be sold in London, UK the first EU nation to import the region’s produce after the nuclear disaster.
One main ‘fake food’ stocking store shelves is olive oil –with fake olive oil being exported from Italy. With first-pressed, real olive oil going for as much as $50 a gallon, food fakers have been adding cheap additives like sunflower or canola oil to real, extra virgin olive oil (EVOO) to produce the same gallon of ‘olive oil’ for as little as $7.
On Wednesday, following the broad mobilization of workers in Tuesday’s protest against the Socialist Party (PS) government’s regressive labor law, President François Hollande and Prime Minister Manuel Valls threatened to impose an outright ban on further protests against the law.
Despite the abundance of scientific studies documenting the rapid and dangerous decline of pollinator populations, state and federal lawmakers have yet to pass any meaningful protections for bees. The reason, according to the findings of a new investigation, is that pesticide giants such as Bayer, Monsanto, and Syngenta have deployed an aggressive lobbying campaign to dilute and suppress attempts to regulate their multi-billion dollar industry—with great success.
Russia’s annual international economic forum, SPIEF, has opened, marking its 20th anniversary. Among the guests are European Commission President Jean-Claude Juncker, Italian Prime Minister Matteo Renzi and executives from the world’s leading companies. Top managers from 230 foreign companies will also be represented. Among them are the UK’s HSBC and PwC, Germany’s Siemens and Volkswagen, Italy’s Enel and Pirelli, Anglo-Dutch Royal Dutch Shell.
Two drug companies, Genentech and OSI Pharmaceuticals, have agreed to pay $67 million to settle a whistleblower lawsuit accusing them of misleading doctors about the effectiveness of a cancer drug called Tarceva. – By agreeing to the settlement, neither company admitted any guilt..
Hi-tech device steals info such as the card number and name and address. Details then written onto a blank card which is used on for speeding spree. Ready-made con kits sell for £500 on London and south east black market.
Citizens in Venezuela so desperate for food that angry mobs looted all of the supermarkets.
Enormous social unrest in the country. Despite hours in lines, Venezuelans increasingly find supplies of subsidized flour and rice run out before they can buy them. Many people getting by on mangoes stripped from trees, rushing stopped food trucks and stealing whatever food is available. Armed gangs organizing lootings, sometimes reportedly to re-sell the goods.
Banking giant Citigroup has trademarked “THANKYOU” and is now suing technology giant AT&T for how it says thanks to its own loyal customers. This is “unlawful conduct” amounting to wanton trademark infringement, Citigroup claims in its federal lawsuit..
German magazine Focus Online: The attitude of NATO countries toward the planned deployment of troops in the Baltic States is far from united. There is a fierce debate going on in the alliance, with the United States literally struggling to coerce European states to strengthen military presence in the east. Pressure is aimed at obtaining military budgets, creating a zone of instability around Russia and undermining the relations between Russia and the European Union,
Israeli company, HomeBioGas, created easily portable machine that turns food waste into renewable energy for cooking or electricity; its by product can be used as plant fertilizer. Available for $995 to help create sustainable energy as well as provide electricity and gas for cooking in parts of the world where it is lacking. Accepts plants, meat, dairy, fats, oils, and used kitty litter. The machine will compost it and release biogas of about 6 kilowatt hours of energy; enough gas for about three hours of cooking..
Retired Southern Californian couple, Ron and Sarah Hall, found out the hard way that the state frowns upon homeowners installing powerful solar panels. SoCal Edison did not allow the Halls to activate their solar system because “it exceeded state standards for energy production. The panels they installed, would have generated too much power: 28% over the amount a homeowner is allowed to produce.The state is concerned homeowners who produce too much power with their solar systems could sell the excess power and therefore potentially be energy retailers.
The current sanctions should not be seen as an obstacle for investing in the Russian economy, Italian Ambassador to Russia Cesare Maria Ragaglini said on Friday. "Italy believes that Russia is an important country at the global level," he said in an interview with the Rossiya-24 television channel. "Sanctions, both Europe’s and Russia’s, should not be used as a pretext or an alibi not to invest in Russia."
California Governor Jerry Brown signed a bill into law allowing unauthorized immigrants to buy health insurance on a state exchange created under the U.S. Affordable Care Act, making the state the first in the country to offer that kind of coverage.The law lets the state request a waiver from the federal government that will be needed to allow unauthorized immigrants to purchase unsubsidized insurance through Covered California, the state’s healthcare exchange.
US coal production has plunged to its lowest since the 1980s miners strike, and it’s all due to an abnormally warm winter. In just three months, the coal industry has seen a 17 percent drop in production, making it the steepest decline in decades.
The new government, led by Rousseff’s former vice president Michel Temer, has formed most reactionary cabinet since the fall of US-backed military dictatorship in 1985. Investigation of bribes-for-contracts scandal at state-owned oil giant Petrobras, the cabinet has lost two key ministers. The government,pledges to impose full burden of Brazil’s economic crisis on working class, with budget cuts and scaling back of social rights and poverty relief programs. Temer, is deeply worried about provoking a social explosion. Workers and youth are showing the first signs of resistance, teachers, university professors and staff strikes against salary and budget cuts,school and campus occupations..
Russia’s Agriculture Minister Alexander Tkachev expects grain to be the country's main source of export revenues."I think that Russia is a grain country. This will be the main source of its export revenues," he said, adding that he considers grain to be a "traditionally export item.""We used to import 40 mln (tonnes of grain) while this year around 30 mln (tonnes) will be exported,
Creation of BRICS has very much frightened a number of states.To think that this bloc of countries would collapse means to commit a strategic and an unforgivable geopolitical error…I am sure that those who want to seize power in Brazil have no understanding of the world order. I am assuming they have stalled in the 1980s or even 1970s in terms of their perception of the world," Rousseff said in an interview with the Russian Rossiyskaya Gazeta newspaper.
92,000 individual plan holders of four health insurance companies in Colorado are going to have to start looking for new health insurance coverage in 2017 thanks to Obamacare. According to the Colorado Division of Insurance, Anthem, UnitedHealthCare, Humana and Rocky Mountain Health Plans will no longer be offering individual coverage in that state.Other companies are proposing rate hikes in Colorado of up to 40%. One health care provider, Golden Rule, is seeking a 40.6 percent rate hike, Rocky Mountain HMO wants to raise its rates by 34.6 percent Colorado Choice asking for a 36.3 percent jump.
The law, billed by its backers as the toughest U.S. legislation against illegal immigration, took effect Nov. 1. It bars illegal immigrants from obtaining jobs or state assistance and makes it a felony to harbor or transport illegal immigrants. The crackdown has caused Hispanics to leave for neighboring states, with as many as 25,000 leaving northeastern Oklahoma alone, according to the Greater Tulsa Hispanic Chamber of Commerce. "I feel like I'm in some kind of Nazi country where if they see your color, you'll be stopped," said Maria Sanchez, a 22-year-old student who is looking to leave Oklahoma rather than risk waiting the seven years it will take to get her papers. "I can't work, I can't study, I can't go out, there's no point of me staying here."
Over the past few months, France has been witnessing violent demonstrations and strikes over contentious labor reforms put forward by the country's government. In another development on Wednesday, French trash collectors and waste treatment workers went on strike..
New device allows the Oklahoma Highway Patrol to steal money directly from your bank account.The Electronic Recovery and Access to Data Machine, known by the acronym ERAD, can scan your bank account and prepaid cards, giving OHP instant access to the balance — and the funds — if a trooper believes the money is tied to a crime. Controversy over civil asset forfeiture (CAF) surrounds the fact law enforcement is under no obligation to prove the property it seizes tied to criminal activity. Once police have your property, most departments are free to essentially divvy it up amongst themselves..
Tuesday, Russian President Vladimir Putin met with Israeli Prime Minister Benjamin Netanyahu in Moscow. They discussed economic cooperation including energy ties. Our doors are open for every company from any country that has vast experience in the development of gas fields, including Russia, of course," said Netanyahu at a joint news conference, adding that there are no legislative barriers stopping Russian companies working in Israel.
Many Georgians could face huge increases in their health premiums next year from insurers still struggling with health-care reform six years after passage of the Affordable Care Act.
The voter initiative that would legalize marijuana in California isn't officially on the ballot yet,, but the prospect of legal weed is already driving a real estate bubble from the San Francisco Bay on up to the state's pot cultivation heartland in Northern California's Emerald Triangle.The Adult Use of Marijuana Act (AUMA) would open up the nation's single largest marijuana market, and investors with are moving fast to snap up rural properties up north, as well as Bay area warehouses and office space.
U.S. National Security Adviser Susan Rice promised Israel on Monday that the new military aid agreement between the two nations that is currently being negotiated will constitute “the single largest military assistance package — with any country — in American history.”, Rice said the new decade-long aid package, expected to provide Israel between $37.5 billion and $40 billion to update Israel’s aircraft fleet and strengthen missile defenses.
Warning against dangers to "workers, communities, and our environment," more than 450 environmental advocacy groups called on Congress to reject the controversial Trans-Pacific Partnership (TPP) and Trade and Investment Partnership (TTIP)."These deals harm workers, communities, and our environment,."allow multinational corporations sue nations in private, clandestine tribunals for passing laws they don't like.
The country’s central grid has increased four-fold to 770 megawatts since 2013 with many solar power projects under development. Chile now has 29 solar farms and another 15 in the pipeline. With so much clean power available, the price of solar has cost absolutely nothing for certain regions in recent months. As Bloomberg stated: Spot prices reached zero in parts of the country on 113 days through April, a number that’s on track to beat last year’s total of 192 days, according to Chile’s central grid operator.
When the 2016 Olympic games begin in Rio, Brazil this August, employees and partners of Visa will debut a new method of cashless payment. Visa has designed an as of yet unnamed wearable ring that will allow the user to pay for purchases without a card, wallet, or cellphone. The unnamed band is pretty simple in design. The interior contains a secure microchip from Gemalto and an embedded antenna;
Attracted by the depreciating ruble, tourists from Finland are heading to St. Petersburg to shop in record numbers. Located less than 400 kilometers from the Russia-Finland border, the flood of Finnish visitors to the city has increased by 30 percent. Finns are buying gasoline, which is a third the cost in Russia, as well as food, alcohol and cigarettes, clothes, shoes and jewelry..
U.S. judge ruled in favor of allowing Colombians to sue former Chiquita Brand International executives for the company’s funding of a paramilitary group that murdered plaintiffs’ family members. Chiquita poured $1.7 million between 1997 and 2004 into the outlawed far-right paramilitary group AUC,”“which operated as a death squad in Colombia.”The lawsuit alleges that Chiquita executives at the time, including the former CEO and COO, were fully aware that they were funding a terrorist group that was engaging in “a systematic campaign of terror; killings, torture, rape, kidnappings, forced disappearances and looting against the Colombian civilian population. Chiquita pled guilty to funding an organization designated by the U.S. as a global terrorist group in 2007, paid a $25 million criminal fine.
Angry citizens took to the streets yesterday to march on the presidential palace, Chanting "No more talk. We want food!". Once protesters were within about a half dozen blocks of the palace, police in riot gear blocked the road and began firing tear gas. There's no more food in the shops and supermarkets. Miguel Perez, government's top economic official:"we know this month has been really critical. It's been the month with lowest supply of products. We guarantee things will improve in the next few weeks.; Crisis worsens every day in Venezuela, people aren't going to wait weeks before they can get food..
Russia's Defense Ministry: Four illegal oil production facilities controlled by terrorist group Daesh destroyed by Russian fighter jets. Russian Su-34s have carried out a series of airstrikes against terrorist oil operations in Syria throughout the week. Wednesday, jets took out a facilities in al-Hasakah Province. Strikes were carried out on installations near Raqqa.Tuesday. Raqqa is the self-proclaimed capital of Daesh, and believed to be a major waypoint for illegal oil making its way into Turkey.
Environmental Protection Agency wants to raise the amount of biofuels in America’s gasoline, an energy industry executive says the move could severely damage most of the vehicles in the U.S., reduce the amount of energy per gallon and add to the national economic uncertainty.
Blue Cross Blue Shield requested a 60% rate increase in 2017 in Texas following complaints from the company it is “losing money in the federal heatlh exchanges because some customers have proven more costly to cover than anticipated”.“United Healthcare reported losses of $650 million. Humana reported a 46% loss in the first quarter of 2016. Health insurance companies complain of profit losses, pull out of states who refuse to hike rates to unaffordable levels, it is likely the situation will become unsustainable..
Michigan Governor Rick Snyder now the subject of a federal racketeering (RICO) lawsuit filed by hundreds of Flint residents.The lawsuit alleges that the state of Michigan ran Flint’s day-to-day operations through an emergency manager, who attempted to partially balance the city’s budget through a cost-cutting measure: Switching Flint’s water source from Lake Huron, which had been the source of water in the city for more than 50 years, to a local, heavily polluted river.
Euro zone economy mired in deflation, only this year returned to levels of output in 2007. The US experienced slowest “recovery” in the post-war period, productivity is set to fall for first time in more than three decades. Japan, world’s third largest economy, remains mired in low growth and deflation, China, the second largest, experiencing a slowdown, vast job losses, concerns over its debt accumulation. US International Trade Commission , to launch investigation into 40 Chinese companies, with a view to imposing increased tariffs. Economic nationalism more visible in every major capitalist power.
The ongoing stagnation in the global economy, marked by falling investment and the emergence of overproduction in key basic industries, is fuelling the rise of trade war protectionist measures by the major powers, above all the United States. Last week, the US International Trade Commission (ITC) launched an investigation into Chinese steel mills which have been accused by the United States Steel Corp of stealing secrets and conspiring to fix prices.
Walmart is in the process of developing a drone system that will replace jobs of inventory quality assurance employees, cutting inventory checks across massive its distribution centers (the one in Bentonville is 1.2 million square feet) from one month down to a single day..The internally autonomous drone technology allows a quad-copter drone, roughly 3 feet by 3 feet, to take 30 images per second from a top-mounted camera.
A new plastic five pound banknote featuring Sir Winston Churchill was unveiled by the Bank of England on Thursday. The paper five pound banknote will be completely removed from circulation next year.
Tens of thousands of impoverished, unemployed adults were cut off food stamps Friday, the first wave of a social catastrophe that could affect more than one million people this year. 22 states began terminating benefits for “Able-Bodied Adults Without Dependents, Adults, aged 18 to 49 years and without children, are generally the poorest section of the working class, eligible for only 90 days of food stamp benefits unless they have paid employment or job training for at least 80 hours in a month.
Prime Minister Dmitry Medvedev signed a decree on Wednesday to shorten the list of Western food products banned in Russia. Poultry, beef and vegetables used in the production of baby food have been removed from the blacklist. European leaders are meeting in July to vote on whether to extend sanctions against Russia, which were imposed in 2014 after Moscow was accused of supporting rebels in eastern Ukraine and annexing Crimea.
Close to 46 million men, women, and children are enslaved across the world, according to a harrowing new report from the Australia-based Walk Free Foundation.Many of them, the analysis notes, are in fact ensnared providing "the low-cost labor that produces consumer goods for markets in Western Europe, Japan, North America, and Australia."
The courts bureau to start a business closed most days .Public defender’s office converted into food bank for government employees; shutdown of many Government offices for all but two half-days each week. Electricity and water rationed, huge areas with little of either. Many cannot make international call because of dispute between government and phone companies over currency regulations and rates. Coca-Cola halting production because it was running out of sugar. Demonstrators demanded empty supermarkets be resupplied; protests simply to get food,” Economic crisis fueled by low oil prices, country’s main export; drought crippled ability to generate hydroelectric power; decline in manufacturing and agricultural production. Bread shop stalled; owner could not find flour for sale because of food shortages. Public schools closed Fridays, to save electricity.
The State Bond Commission approved $22 million in grants and loans Friday for the world's largest hedge fund despite bipartisan complaints that the wealthy company can afford when state employees being laid off. The commission voted 7-2 to award the package to Bridgewater Associates, a giant in the financial industry operated by Greenwich billionaire Ray Dalio, one of the nation's wealthiest individuals.
Europe in revolt against anti-Russian sanctions; cost workers, businesses millions of jobs and earnings. Germany’s vice chancellor; economy minister Sigmar Gabriel latest high-profile politicians to come out against sanction between European Union and Russia. Russia responded to sanctions by banning exports from the EU and US. Trade war will cost EU over €100 billion in business, 2.5 million jobs. Hungary and Italy, which have strong historic trade ties with Russia, opposed to EU’s policy. Greece finance minister Dimitrios Mardas attributed major losses to Russian sanctions French. dairy, meat, vegetable and fruit exports to lucrative Russian market have been pummeled.
Two years after Colorado began its first retail sales of cannabis, towns and cities across the state are enjoying the benefits in a number of ways. With sales this year expected to reach $1 billion, local governments are seeing windfalls of tax revenue, which is funding education, recreation, infrastructure improvements, and aid to the homeless.Denver collected $29 million last year through taxes and licensing fees; Oregon enacted a 25 percent sales tax on recreational cannabis.
Three plaintiffs have been awarded $17.5 million in damages caused by Monsanto and three other companies for negligence in the production of PCBs. Monsanto, Pfizer, Solutia, and Pharmacia must pay the plaintiffs and assessed an additional $29 million in punitive damages against Monsanto for its continued selling of polychlorinated biphenyls, or PCBs, after the compound had been banned, .
System developed by SOVZOND makes it possible to compare satellite images of the Earth made since 1980s to analyze dynamics of such human activities as construction, land reclamation and the development of transport infrastructure with the help of unique change detection technology.“Official country-to-country statistics are not always available, and are sometimes intentionally distorted, especially when it comes to developing countries. Satellite imagery is always objective and, with the use of or World Evolution technology, it can now be automatically processed to produce unified results; it captures the gradual changes in the processes and events happening on Earth enabling scientists to make forecasts for the future.
Thousands of Italians have taken to the streets of Rome and several other major cities to express their resentment with the austerity policies imposed by the government of Prime Minister Matteo Renz. Meanwhile, thousands of anti-austerity Spaniards from various political groups and unions attended a “march of dignity” in Madrid to protest against what they called the neo-liberal policies of the EU. The protesters expressed r anger at a variety of issues, including the Spanish government’s economic policies. They demanded an end to austerity measures that have caused cuts in a number of sectors including health and education.
Russian President Vladimir Putin made his first trip to a European Union country this year Friday with a visit to Greece that will include a stop at a secluded Christian Orthodox monastic sanctuary. Putin arrived for a two-day visit expected to focus on energy cooperation and Russian investments during talks with Greek Prime Minister Alexis Tsipras.Athens is keen to maintain its traditionally close ties with post-Soviet Russia, despite its participation in European Union sanctions against Moscow, and a gas pipeline project designed to limit Russia's regional energy dominance.
Russian warplanes have increased airstrikes against illegal oil production sites and oil smuggling routes in Syria since May 20, head of the Russian General Staff Lt. Gen. Sergey Rudskoy said Friday. According to him, Moscow and Washington have agreed on the need to decrease the economic potential of the terrorist groups Daesh and Al-Nusra..
On the heels of Canada’s approval of GMO salmon, Friends of the Earth U.S. and a coalition of more than 30 consumer, health, food safety and fishing groups released updated numbers Wednesday showing that nearly 80 major food retailers have committed to not sell genetically engineered salmon, despite FDA’s approval last November.
Rail workers in Belgium’s French-speaking region of Wallonia began an indefinite strike Wednesday evening. Yesterday, it brought the southern part of the country to a standstill, also impacting Flanders, and creating large traffic jams in the capital, Brussels. The workers are protesting plans by the state-run SNCB railroad company to undermine the 36-hour workweek. Management is attempting to reduce compensation for overtime worked by the 34,000 rail workers
While robots have already been taking human jobs in many industries such as car manufacturing, as they become increasingly sophisticated there are growing fears they will put more employees at risk. Foxconn, the Taiwanese company which assembles iPhones and iPads, has brought in machines to perform repetitive tasks and axed more than half its 110,000-strong workforce at a factory in Southern China.
Greece has another bailout deal from its creditors following 11 hours of negotiations in Brussels. Athens will receive the money in two instalments, US$8.39 billion in June 2016 and US$3.1 billion three months later in September. August 2015, Greece secured a third bailout since 2010; US$96 billion — on condition Greece raised income tax for high earners and lowered tax-free thresholds, did away with benefits for poor pensioners. In six years and three bailouts, tax reforms, privatization plans, selling of Greek assets have been promised but failed to materialize met with political resistance and violent protests from anti-austerity campaigners who are struggling to survive; quarter of the population unemployed..
After announcing a global call to arms against the “corrupt global banking cartel,” the hacker collective, known as Anonymous, in conjunction with Ghost Squad Hackers, have taken over 30 central banks offline, including striking many targets at the heart of the Western imperialist empire
The growing movement against austerity in Belgium coincides with an escalating wave of strikes in France, Brussels demonstration targeted planned cuts to the welfare system, budget cuts in public service and education, and a labor reform allowing bosses to lengthen the work week to 46 hours and cut wages, overwhelmingly opposed by workers widely seen as an illegitimate attack on workers' social rights won through decades of struggle.
Russia’s biggest bank is working on technology so that within a couple of years it can significantly decrease the need for bank cards;, Sberbank CEO Herman Gref: “We are testing a number of security measures. Voice recognition and image recognition with an accuracy of 99.9 percent are almost ready, stressed the technology can indentify if a person is calling under duress or when fraudsters steal customer information. After we launch our ‘18+’ platform, scheduled for 2018, use of the card as a payment instrument will decline sharply. Banking will change dramatically. Wednesday, Sberbank posted 117.7 billion rubles (about $1.8 billion) in first-quarter net profit, four times higher than last year..
The number of U.S. jobs in solar energy overtook those in oil and natural gas extraction for the first time last year, helping drive a global surge in employment in the clean-energy business as fossil-fuel companies faltered. Employment in the U.S. solar business grew 12 times faster than overall job creation,
Adidas unveiled its prototype “Speedfactory”, a state-of-the-art, 4,600 square-meter facility on Tuesday, meant to automate shoe production, which is largely done manually in Asian factories at the moment; the company has struggled with steadily rising wages across the continent, where it employs around a million people.., Adidas insisted that the aim was not to immediately replace their workers, saying the goal was not “full automatization”
Expanding strikes by refinery workers and truckers against the new French labor law, the government sent security forces yesterday to crush oil installation occupations and break the growing oppositional movement. All of France's refineries have gone on strike or shut down operations, and truckers have joined to blockade refineries and halt fuel deliveries to gas stations.Some port, rail and autoworkers are already on strike, and the trade unions have issued strike calls and requested legal authorization for strikes from June 3 to June 5 at civil aviation facilities, unlimited strike against the Paris mass transit system.
French police have fired tear gas to disperse protesters blocking access to an oil refinery near Marseille to show their anger at controversial government-proposed labor reforms. French government says the proposed labor reforms, which focus on maximum working hours, holidays as well as breaks, are aimed at boosting the country’s economy and curbing the high unemployment rate.
Initially peaceful the rally of 60,000 people turned violent after a group of around 100 masked activists broke away from the main rally and started throwing objects at police and vandalizing. Clashes broke out and police intervened using water cannons and tear gas.The demonstration was called by the workers’ and trade unions to protest against“antisocial” government policies, which cut into the foundations of the country’s welfare system. Unions denounce budget cuts in public services and education, lack of jobs and absence of social dialogue; under the new law people will have to work longer hours for less pay.
Increasing number of workers in the United States engaged in strikes, lockouts, contract rejections and other struggles. Social inequality at historic highs. Workers in the telecom, manufacturing, airline, supermarket industries, public sector entering significant battles. Developments in the US are part of an international tendency; oil refinery strike in France; a three-day general strike by Greek workers against austerity; a week-long strike by Nigerian workers against rising fuel and electricity prices; a strike by Mexican teachers to defend public education; a one-day strike by train conductors in the United Kingdom; and the first strike by Kuwaiti oil workers in two decades..
The US lifting the embargo on arms sales to Vietnam will not affect the supplies of Russian armaments to the country, deputy head of Russia’s Federal Service for Military-Technical Cooperation (FSVTS) Anatoly Punchuk said on Monday. US President Barack Obama announced that Washington has decided to "completely lift" its embargo on trade in lethal arms with Vietnam on Monday during his historic visit to the Southeast Asian country. The decades-old embargo was already eased in 2014.
Beijing has ramped up imports of Russian oil by 52.4 percent last month compared to a year earlier. China's General Administration of Customs calculated a record 4.81 million tons. Russian exports to China have more than doubled over the past five years, up by 550,000 barrels a day. Moscow and Beijing have significantly increased energy cooperation, with a wide range of multibillion dollar projects.
2015, the United States spent more on its war machine than the next six countries combined, with a total of $596 billion spent on military expenditures. This week the U.S. House of Representatives passed its version of the annual National Defense Authorization Act (NDAA), with roughly $602 billion slated to be spent on military programs and armaments in the 2017 budget.
The booming U.S. organic industry posted new records in 2015, with total organic product sales hitting a new benchmark of $43.3 billion, up a robust 11 percent from the previous year's record level and far outstripping the overall food market's growth rate of 3 percent, according to the Organic Trade Association's 2016 Organic Industry Survey.
1.4 billion yen ($12.7 million) in cash has been stolen from some 1,400 automated teller machines in convenience stores across Japan in the space of two hours earlier this month, investigative sources said Sunday. Police suspect that the cash was withdrawn at ATMs using counterfeit credit cards containing account information leaked from a South African bank.
In the Chinese city of Heihe, Heilongjiang Province, an online platform for the sale of Russian goods has been established.“On this platform it will be possible to communicate online, make deals, monitor the progress of transactions essentially ensuring trade security,” General Director of the company ‘Epindo’ Jing Quan said.
The rising cash holdings of U.S. corporations are increasingly in the hands of a few U.S. companies, with just five tech firms having grabbed a third of it. And nearly three-quarters of cash held by non-financial U.S. companies is stashed overseas, outside the long arm of Uncle Sam. Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Cisco Systems (CSCO) and Oracle (ORCL) are sitting on $504 billion, or 30%, of the $1.7 trillion in cash and cash equivalents held by U.S. non-financial companies in 2015
Five years after a US-NATO war shattered Libya, Washington preparing to send troops into the oil-rich North African nation for a “long-term mission.” Pentagon’s top uniformed commander, Marine Gen. Joseph Dunford, the chairman of the Joint Chiefs of Staff,: the new military deployment, which could involve thousands of US troops, could happen “any day.” General Dunford told reporters that there had been “intense dialogue” and “activities under the surface” aimed at bringing about the Libya intervention.
After the West imposed economic sanctions against Moscow, Russia and Beijing established a powerful energy alliance which changed the global oil market. In addition to increasing trade operations with oil and gas, the two countries are set to challenge dominance of the US dollar in setting prices for crude.
Petro-yuan is a strategic payment tool which would facilitate switching to a multipolar monetary systematic which would include various currencies and reflect the global balance of power, In 2015, Russia surpassed Saudi Arabia in oil supplies to the Chinese market.
insurance companies have begun a mass exodus from Obamacare markets because it is simply not profitable, and for those businesses that choose to remain, they have been forced to significantly increase premiums. Patients who purchases plans on the exchange have been getting turned down by doctors and hospitals who say they do not take Obamacare.
Interact® IoT, the first ever Internet of Things banking platform, is launched today by Intelligent Environments Smart devices such as Nest Thermostat and the Pavlok wearable device can now be connected to your bank account. Nest Thermostat will automatically turn your heating down to save you £255 a year in bills, while Pavlok will deliver an electric shock if you overspend
French protesters and police have clashed in the western city of Nantes as demonstrations continue across the country over controversial reforms to labor law proposed by the government.
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