Daily Digest

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Daily Digest 3/22 - Good News Friday: CA Drought Free For First Time In 7 Years, What Rural America Can Teach Us

Friday, March 22, 2019, 10:52 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

How we’ll invent the future, by Bill Gates (tmn)

Because we’re living longer, our focus is starting to shift toward well-being. This transformation is happening slowly. If you divide scientific breakthroughs into these two categories—things that improve quantity of life and things that improve quality of life—the 2009 list looks not so different from this year’s. Like most forms of progress, the change is so gradual that it’s hard to perceive. It’s a matter of decades, not years—and I believe we’re only at the midpoint of the transition.

What Rural America Has to Teach Us (jdargis)

Nebraska ranks eighth in the country for social capital. McCook has only 7,700 residents, but it has a Rotary club, a 4-H club, a future farmers group, a music festival, a storytelling festival, a chapter of the Nebraska Community Foundation, churches, libraries, museums and Sehnert’s, a James Beard Award-winning bakery and coffee shop where the retired men gather and kibbitz.

Hawaii bills push 1st state ban on plastics in restaurants (Thomas R.)

The Hawaii efforts would be stricter than in California, which last year became the first state to ban full-service restaurants from automatically giving out plastic straws, and broader than in Seattle, San Francisco and other cities that have banned some single-use plastics.

F.D.A. Approves First Drug for Postpartum Depression (jdargis)

“Postpartum depression is a serious condition that, when severe, can be life-threatening,” Dr. Tiffany Farchione, acting director of the Division of Psychiatry Products at the Food and Drug Administration’s Center for Drug Evaluation and Research, said in a statement.

“This approval marks the first time a drug has been specifically approved to treat postpartum depression, providing an important new treatment option.”

The US's $500 Million Exascale Supercomputer to Arrive in 2021 (Thomas R.)

The plan to build the exascale computer in three years may sound ambitious, but the developers remain confident the goal is attainable by the 2021 date. "Exascale R&D has been going on for over a decade," said Rick Stevens, associate director at the Argonne National Laboratory in Illinois, where the supercomputer will be built. During a press call, Stevens said he expects innovations in Exascale computing to continue over the next three years, which will help pave the way for the new machine.

Half the species in a new Cambrian fossil site are completely new to us (jdargis)

Once compressed into sedimentary rock, the material had to avoid being exposed to any geological processes, like volcanism, that would heat or distort the rocks and all they contained. The result of this combination of rare conditions is what's technically termed a Lagerstätte, a rich fossil bed in sedimentary rock. In this case, the Lagerstätte lies in Hubei Province along the Qingjiang River, visible as a series of alternating light and dark layers of rock, with the total assembly as thick as 50 meters in some places.

California is drought free for first time in seven years (Jen H.)

Records show the most recent meteorological winter, defined as Dec. 1 through the end of February, was the wettest on record across the United States since the government first started tracking it in 1895. The national average rainfall was 9.01 inches.

Photos: Swarm of painted lady butterflies fill the sky in California during migration (Adam)

"The painted lady migration is not rare but rather has been taking place for centuries. In some years, the numbers aren’t as pronounced as they are this year," President of Butterfly Rescue International, Lepidopterist Rick Mikula said.

'It blindsided me': Surprise as massive butterfly swarm reaches Northern California (thatchmo)

Jonathan Young, a wildlife biologist at the Presidio Trust, says there are resident painted ladies in the Presidio who are often spotted feeding on nectar-rich flowers, but the migrating insects are different. They move quickly, up to 25 mph, in a northerly direction, and they usually don't stop.

Brazilian peppertree packs power to knock out antibiotic-resistant bacteria (newsbuoy)

"Traditional healers in the Amazon have used the Brazilian peppertree for hundreds of years to treat infections of the skin and soft tissues," Quave says. "We pulled apart the chemical ingredients of the berries and systematically tested them against disease-causing bacteria to uncover a medicinal mechanism of this plant."

US judge halts hundreds of drilling projects in groundbreaking climate change ruling (thc0655)

“With the science mounting that we need to aggressively rein in greenhouse gases, this ruling is monumental,” said Kyle Tisdel, attorney and energy and communities program director for the Western Environmental Law Center. “Every acre of our public land sold to the oil and gas industry is another blow to the climate, making this ruling a powerful reality check on the Trump administration and a potent tool for reining in climate pollution.”

Gold & Silver

Click to read the PM Daily Market Commentary: 3/21/19

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."

4 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4310
Amunt of global debt yielding less than 0% approaching $10 tril

Amount of global debt yielding less than 0% approaching $10 trillion

 

MarketWatch-9 minutes ago
The total sum of negative-yielding debt in bond issues represented in the ... AGG, +0.55% stood at nearly $9.7 trillion, marking a more than 50% increase from ...

Bond Yields Around the World Are Tumbling to New Lows

 

Bloomberg-9 hours ago
Less than two weeks after the European Central Bank gave German bunds a boost by abandoning plans to hike rates this year, the Federal Reserve on ...

Canada Bonds Due in More Than a Decade Yield Less Than Cash

BloombergQuint-Mar 21, 2019
(Bloomberg) -- Investors in Canada's debt market are becoming more ... for the U.S. buoyed sovereign bonds and supported the view that policy makers in ...

ECB's 'Remarkable' Formula Suggests More Easing Necessary

Bloomberg-9 hours ago
The central bank predicts that price growth will average 1.5 percent in 2020 and 1.6 percent the following year, below the medium-term goal of below, but close ...

German 10-Year Yields Drop Below Zero for First Time Since 2016

Bloomberg-5 hours ago
Bund yields last dropped below zero percent in 2016, when the European Central Bank was still pumping money into the economy and the U.K. voted to leave ...

Japan's slowing inflation leaves BOJ fighting tough price battle

Reuters-15 hours ago
If the weakness persists, the Bank of Japan (BOJ) may be forced to cut its ... The central bank earlier this month maintained its view that Japan's economy is ...
 

Fed's New Abnormal Marks a Watershed Moment in a Low-Rate World

Bloomberg-9 hours ago
Low rates globally mean central banks including the Fed have less firepower to counter an economic slowdown. The yield on 10-year Treasury securities, ...

Treasury to Sell $244 Billion in Debt

Wall Street Journal-22 hours ago
The U.S. Treasury Department will auction $244 billion in securities next week, comprising $178 billionin new debt and $66 billion in previously sold debt.

 

greendoc's picture
greendoc
Status: Silver Member (Offline)
Joined: Sep 23 2008
Posts: 172
People in small town NE volunteer because....

.....there is not alot to do. I grew up in Nebraska, and have done alot of bicycle touring through the state, and in these small towns there is not alot of other activities competing for your attention.  No big city nearby to go exploring or museum visiting, no skiing, no great hiking, no shopping, no wine tasting.  There really is not alot of wilderness left, the lakes and rivers not particularily clean enough to support good fishing or swimming.  I think civic duty comes more naturally when there is not alot of competition for ones time.  

Doug's picture
Doug
Status: Diamond Member (Offline)
Joined: Oct 1 2008
Posts: 3243
NE

I have several connections to the flooding in Nebraska. I was born in Fremont which is about 1/3 flooded. My dad was born in Norfolk, also flooded. He worked at Offutt Air Force base. I still have family around the Niobrara river. I graduated from HS in Council Bluffs, IA, near several other flooded areas.

I recently spoke to a guy who spent a few years in the area. He said there was one thing he missed about the region. I knew what he was going to say before he said "the kick ass storms."

I never saw anything like the current flooding in scale. This is unprecendented.

Turns out the lake I lived on in Iowa is also flooding. Kind of fitting as it was originally formed by a 19th century flood.

mntnhousepermi's picture
mntnhousepermi
Status: Silver Member (Offline)
Joined: Feb 19 2016
Posts: 211
Things they could be ding that are not civic minded
greendoc wrote:

.....there is not alot to do. I grew up in Nebraska, and have done alot of bicycle touring through the state, and in these small towns there is not alot of other activities competing for your attention.  No big city nearby to go exploring or museum visiting, no skiing, no great hiking, no shopping, no wine tasting.  There really is not alot of wilderness left, the lakes and rivers not particularily clean enough to support good fishing or swimming.  I think civic duty comes more naturally when there is not alot of competition for ones time.  

 

I think you arent giving them enough credit.  Things they could be doing with their time that are fun, that are not civic minded, and that they have plenty of resources to do :   Team sports : Adult non-competitive baseball, basketball, football, soccer, outdoors and indoors;  game nights at friends houses or within clubs board games, video games, interactive team murder or escape themes; Dancing: ballroom, country, salsa etc....; Hunting ; target practice;  crafts:  quilting, sewing, painting, welding, beading, scrapbooking, model making; baking; reading and reading clubs; jogging or bicycling;  working out at the gym indoor swimming at pools;  and more.  But I bet small towns are more civic minded, maybe they just know that things things need to be done ( one of my kids lives in a small town and volunteers in search and rescue, but there are many other things that could be done in this time instead !  But, the community service is rewarding  -- maybe how he was raised)

 

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