Daily Digest

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Daily Digest 7/20 - Good News Friday: Saving For The Future, Can Crispr Change How We Grow Food?

Friday, July 20, 2018, 10:11 AM

This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to [email protected] with subject header "Good News Friday." We will save and post weekly. Enjoy!

Economy

Crispr Can Speed Up Nature - And Change How We Grow Food (Sparky1)

We moved on to several examples of Physalis pruinosa, a relative of the tomatillo that produces a small, succulent fruit called a ground cherry. The plant has never been domesticated, and Lippman referred to the wild version as a “monstrosity”: tall, unkempt, and stingy, bestowing a single measly fruit per shoot. Next to it stood a Physalis plant after scientists had induced a mutation called “self-­pruning.” It was half as tall, much less bushy, and boasted half a dozen fruits per shoot. Lippman plucked a ground cherry off one of the mutated plants and offered it to me.

A 4-Day Workweek? A Test Run Shows a Surprising Result (tmn)

Similar experiments in other countries have tested the concept of reducing work hours as a way of improving individual productivity. In Sweden, a trial in the city of Gothenburg mandated a six-hour day, and officials found employees completed the same amount of work or even more. But when France mandated a 35-hour workweek in 2000, businesses complained of reduced competitiveness and increased hiring costs.

Scientists develop 'world first' melanoma blood test (Thomas R.)

Cancer Council Australia chief executive Sanchia Aranda said the test would be important for high-risk groups, who have to undergo regular inspections of their spots and moles that can be difficult and time-consuming.

She cautioned that the test did not pick up other types of less deadly, but more common, skin cancers such as squamous cell and basal cell carcinoma.

Eritrea and Ethiopia have made peace. How it happened and what next (tmn)

For Ethiopia, there would be the end to Eritrean subversion, with rebel movements deprived of a rear base from which to attack the government in Addis Ababa. In return, there is every chance that Ethiopia will now push for an end to the UN arms embargo against the Eritrean government.

An Alabama man walked almost 20 miles to his new job. When his boss found out, he gave him a car. (Thomas R.)

Lamey said this is just the beginning of what she hopes is a long friendship between Carr and her family.

“He’s such a humble, kindhearted person,” she said. “He’s really incredible. He said it was the way he was raised. Nothing is impossible unless you say it’s impossible.”

The tiny nation leading a new space race (Thomas R.)

Our first two missions will act as a demonstration of our technology. From there, we will begin to establish a high-frequency transportation service to bring customer payloads to the moon,” he says. “If we find water resources on the Moon, we can develop a whole new resource industry in space.” The discovery of a frozen water basin would be a monumental moment for our species, as it would allow humans to stay off Earth for longer periods.

5 Secrets to Saving for the Future While Enjoying Life Now (Thomas R.)

The clearer you are about what you want to do in the short and long term, the easier it is to make spending choices that you’ll be happy with when you look back at them. Before I married the woman who became my wife, I used to feel deprived if we weren’t going out to eat often. On our honeymoon, I discovered that what I really wanted to do was to travel the world with her. Once that became the big yes, I wasn’t depriving myself if I didn’t go out to eat. If I did go out to eat, I was depriving myself of what I really wanted, which was to travel more. That single idea helped me change my habits entirely and build up the money we needed to take a big trip every year.

Study links good financial habits to achieving happiness (Thomas R.)

Even Millennials polled say they are worried about retirement, with 72% of them concerned about having adequate funds, while 69% are uneasy about making that money last a lifetime. Of investors ages 45 and above, about 9 in 10 wish say they wished they had started saving for their goals earlier, with nearly half highlighting retirement in particular.

The Global Credit Market Has Good News About the U.S. Economy (Thomas R.)

The rising premium for global debt over U.S. counterparts is the latest sign of America’s economic divergence, along with soaring short-term Treasury yields, dollar strength and corporate profit growth.

Spreads for the lowest-rated U.S. high-yield bonds fell to a four-year low last week to become one of the best-performing segments in the global credit landscape so far this year.

Happy Anniversary, Viking 1! What Early Landers Taught Us About Mars (Thomas R.)

Each of the Viking landers performed several life-detection experiments, which returned intriguing but ambiguous results. The robots also heated Martian soil samples in an oven and used a gas chromatograph mass spectrometer (GCMS) instrument to look for any organic molecules boiling off.

Amended energy act is good news for offshore wind in Poland (Thomas R.)

Another significant development in Poland is a draft plan for spatial development of sea areas including territorial waters and the exclusive economic zone in the Baltic, together with environmental impact assessments published on 19 June this year by the Maritime Office in Gdynia.

The draft plan indicates suitable zones for the development of offshore wind energy in the Baltic and potential connection infrastructure.

The longest total lunar eclipse in a century is about to happen — here's how Earth will color the moon blood-red (Thomas R.)

"If you were standing on the moon's surface during a lunar eclipse, you would see the sun setting and rising behind the Earth," David Diner, a planetary scientist at NASA's Jet Propulsion Laboratory, wrote in a blog post. "You'd observe the refracted and scattered solar rays as they pass through the atmosphere surrounding our planet."

California blows through solar power, renewable energy output records (Thomas R.)

Over the full year 2017 renewable energy sources excluding large hydro plants represented 31% of California’s in-state electricity generation. With hydroelectric generation included, the total was more than half of all generation. However, the state also imports large volumes of electricity.

Gold & Silver

Click to read the PM Daily Market Commentary: 7/19/18

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. 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."

2 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4210
China Firms Went Deep in Debt. Here Come the Defaults

Treasury to Sell $215 Billion in Debt

Wall Street Journal-22 hours ago
The U.S. Treasury Department will auction $215 billion in securities next week, comprising $164 billion in new debt and $51 billion in previously sold debt.

 

Consumers paying $104 billion in credit card interest and fees

CNBC-2 hours ago

With credit card debt at more than $1 trillion and interest rates ticking upward, consumers paid nearly $104 billion in those charges during the 12 months that ..

China Firms Went Deep in Debt. Here Come the Defaults

Bloomberg-18 hours ago
Chinese companies are facing a reality check after years of ramping up debt. ... That already exceeds the full-year record of 30 billion yuan, set in 2016.

Rising Prices Push a Big Credit Investor Out of High Yield

Bloomberg-5 minutes ago
... at JPMorgan Asset Management, whose team manages $16 billion in assets. ... in the past been a buyer of U.S. junk bonds, particularly the lowest-rated debt.

Why Your Pension Is Doomed

Wall Street Journal-16 hours ago
Most studies have examined “unfundedpension liabilities, which is the difference between current assets and the present value of owed benefits. But this ...

 

ezlxq1949's picture
ezlxq1949
Status: Gold Member (Offline)
Joined: Apr 29 2009
Posts: 250
The tiny nation leading a new space race

Hey, maybe all the tiny nations could co-operate in this (futile) venture.

I get that idea from the clever and witty 1959 movie, The Mouse That Roared, especially the scene near the end where stewardship of the world's nuclear weapons is to be handed over all the small nations of the world.

Small is beautiful?

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