Are We There Yet? (Vitaliy K.)
In today’s Outside the Box, Vitaliy brings those insights to bear on our present, tenuous situation, as we go on wondering what it is going to take to move the global economy off the (rapidly depreciating) dime and into a new, expansive phase. Vitaliy faces that question head-on, with a convincing combination of stock market analytics and global macro perspectives.
Most conventional theories expect that global temperatures will continue to increase as CO2 levels continue to rise, as they have done since 1850. What’s striking is that since 2002, global temperatures have actually declined – matching a decline in CFCs in the atmosphere,” Professor Lu said. “My calculations of CFC greenhouse effect show that there was global warming by about 0.6 °C from 1950 to 2002, but the earth has actually cooled since 2002. The cooling trend is set to continue for the next 50-70 years as the amount of CFCs in the atmosphere continues to decline.”
How interns and residents spend their time has been of interest to academic researchers for more than 50 years, but in the late 1980s, as training programs came under increasing pressure to limit the work hours of young doctors, one study in particular raised concerns. The researchers trailed 15 doctors-in-training over five nights and found that residents spent only about 20 percent of their time with patients, with the bulk of their nights at the hospital devoted to paperwork, tasks that did not have to be done by a doctor like drawing blood and inserting intravenous catheters, and frequently interrupted attempts at sleep.
Last Friday, the Chilean government fined Barrick Gold $16.4 million for breaching its environmental commitments, and ordered the suspension of the $5-billion open-pit Pascua Lama project in the Andes Mountains.
Economists and policy makers have expressed concern that the greatest threat to the unity of the eurozone is now social breakdown from the crisis, rather than market-driven factors.
Deny, Deny, Deny (westcoastjan)
In 2006 a Newfoundland and Labrador cabinet minister, Ed Byrne, was accused of diverting money meant to pay for running his constituency office, to his personal bank account. His first reaction was to say, “I believe my name will be cleared.” And maybe he did believe that. But he eventually pleaded guilty to fraud and he went to jail.
The Bakken Shale has been the biggest driver in America’s reversal of decades of decline in oil production. It has transformed North Dakota into an economic powerhouse with the nation’s lowest unemployment rate and fastest-growing GDP—and an oil production level surpassing that of some OPEC nations. An added increment of almost 800,000 barrels per day of oil output, built in less than a decade, has helped the US reduce its dependency on oil imports from often hostile countries by 22% since peaking in the mid-2000s.
GMO Wheat Found In Oregon Field. How Did It Get There? (Amanda, Jason C.)
“We are not in favor of commercializing any biotech trait unless it’s gone through regulatory approvals in the U.S. and in other countries,” says Steve Mercer, vice president of communications for U.S. Wheat Associates. Many countries, including some that import wheat from the U.S., are quite hostile to genetically engineered crops.
Gold & Silver
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