Daily Digest

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Daily Digest 10/29 - The U.S. - EU Green Energy Divide, Leaching Gold From Water

Monday, October 29, 2012, 9:52 AM

Economy

Why some state-owned firms do not belong in Canadian boardrooms (westcoastjan)

A Canadian uranium company, Khan Resources Inc., had a joint venture in Mongolia with a Russian government entity called Atomredmetzoloto JSC (ARMZ). In 2009, ARMZ made an unsuccessful hostile takeover bid for Khan. Then, due to disagreement and damages involving a joint venture, Khan sued ARMZ for $300 million.

National Guard Whistleblower: “Doomsday Preppers Will Be Treated As Terrorists” (Arthur Robey)

“They have a list compiled of all these doomsday preppers that have gone public and they plan to go after them first,” Soldier X said. He claimed those in charge are acting under the belief that preppers will be “the worst part” of any potential civil unrest.

Soldier X was also told that any soldiers in the ranks who are known as preppers will be deemed “defects.” He explained the label meant these soldiers would be treated as traitors. “If you don’t conform, they will get rid of you,” he added.

Could The Ongoing Financial Crime Affect The Gold Price? (Taki T.)

Interestingly, Hera reports that the trigger for a collapse could come from a different and less anticipated angle: a loss of confidence in the financial system, triggered by the increasing number of financial scandals. If the current trend continues and scandals remain unsanctioned, it could result in the loss of confidence in the “perceived legitimacy” of the financial system. Ultimately, if a tipping point is reached, an hyperinflationary collapse could hit.

Modern Alchemy Leaches Gold From Water (Arthur Robey)

"There are many technologies to get metal from water that have existed since the 19th century. But there comes a moment when existing technologies are no longer effective or become too expensive," van Zutphen said.

Read more at: http://phys.org/news/2012-10-modern-alchemy-leaches-gold.html#jCp

Greek Editor Is Arrested After Publishing a List of Swiss Bank Accounts (jdargis)

On the list were a former culture minister, several employees of the Finance Ministry and a number of business leaders. Hot Doc reported that they had accounts in a Geneva branch of HSBC. The magazine said its list matched a list of 2,059 people that was handed over to the Greek government in 2010 by Christine Lagarde, then the French finance minister and now the head of the International Monetary Fund, to help Greece crack down on rampant tax evasion as it was trying to steady its economy.

The U.S.-EU Green Energy Divide (James S.)

EU member states have agreed to cut their carbon footprint by 20 percent, improve energy efficiency by 20 percent and get 20 percent of their energy from renewable energy resources by 2020. Greenpeace and EREC said a good place to start after 2020 would be a 45-percent green benchmark by 2030. The entire EU, they said, could be nearly carbon-free by 2050 given enough political will.

Despite Fukushima, China Embraces Nuclear Power (James S.)

Why would Beijing take such a seemingly retrograde step, especially as nuclear power currently contributes only 1.8 percent of China’s electrical output? Coal still accounts for about 70 percent of China's energy consumption and about 80 percent of its electricity production.

From Calm Leadership, Lasting Change (jdargis)

In the late 1960s, events including a California oil spill, a chemical fire on the Cuyahoga River in Cleveland and civic protest about napalm and Agent Orange, used in the Vietnam War, underscored her warnings that efforts to control nature threatened man’s survival. The first Earth Day, on April 22, 1970, reflected mounting public concern.

Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

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saxplayer00o1
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saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 2846

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