Daily Digest

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Daily Digest 5/19 - Fighting Bugs With Bugs, Why You Need a Resilience Strategy

Monday, May 19, 2014, 12:01 PM

Economy

Conflict with local communities hits mining and oil companies where it hurts (HughK)

Conflicts with local communities over mining, oil and gas development are costing companies billions of dollars a year. One corporation alone reported a six billion dollar cost over a two-year period according to the first-ever peer-reviewed study on the cost of conflicts in the extractive sector. “We want development that benefits indigenous people and doesn’t just benefit someone’s brother-in-law,” said Alberto Pizango, president of the Interethnic Association for the Development of the Peruvian Rainforest(AIDESEP), an indigenous rights organisation in Peru representing 1,350 Amazon jungle communities.

Student Debt Grows Faster at Universities With Highest-Paid Leaders, Study Finds (jdargis)

But, The Chronicle found, chief executives were hardly alone among the highest-paid public university officials. Athletic coaches made up 70 percent of the public university employees earning more than $1 million last year, and medical doctors another 20 percent.

As in several past years, the highest-compensated president, at $6,057,615 in this period, was E. Gordon Gee, who resigned from Ohio State last summer amid trustee complaints about frequent gaffes. He has since become the president of West Virginia University.

Reported Syria Death Toll Rises 10,000 in Less Than Two Months (jdargis)

The observatory’s director, Rami Abdul Rahman, says that his group counts only deaths verified by two independent sources. Mr. Abdul Rahman, a Syrian shopkeeper who lives in Coventry, England, fled his country in 2000 after associates were arrested for political activism. He and his methodology have been criticized by the Syrian government and also by the government’s opponents, something Mr. Abdul Rahman says he takes as an indication that he is on the right track.

At the same time, he says that no one can claim to know “the entire reality.”

Why You Need a Resilience Strategy Now (Mobius)

A company is clearly more at risk if it has just one major product, service, technology, key supplier, or other core element. In the 2011 Thailand floods, both hard drive makers and auto giants realized that having a sole key component made in one place made for a fragile system (Toyota took a $1.5 billion hit to earnings). While companies don’t often share the details of their supply chain strategy publicly, you can bet these companies have built more diverse options for sourcing key inputs.

More than 20 dead, thousands evacuated in Bosnia, Serbia floods (Wendy SD)

A Reuters photographer said the entire town center was submerged under two to three meters (seven to 10 feet) of water. Tens of thousands of homes in Serbia were cut off from electricity and around 150,000 in Bosnia, where Doboj suffered the most. "It was especially difficult in Doboj because the flood waters acted as a tsunami, three to four meters high. No one could have resisted," said Gojko Vasic, police chief in Bosnia's autonomous Serb Republic.

Novak Djokovic makes emotional plea for coverage of floods in Serbia (Wendy SD)

I am betting few of you even know about this. Serbia and Bosnia are drowning. The country is devastated. Fields on the point of being harvested are under water. whole herds of sheep and cattle are dead. People are being rescued from fourth floor balconies *because everything below that is under water*. And this is just the beginning. When the waters begin to recede, what's left behind is mud... and ruin... and mosquitoes... and hunger... and no power, no clean water, no ANYTHING. The western media? Hasn't really been here.

Drought, Hurricane Bigger Threat to World’s Top Companies (Wendy SD)

Drought, hurricanes and rising seas are becoming more significant threats to the world’s biggest companies and the risk is accelerating, according to the Carbon Disclosure Project. Companies planning for various threats related to climate change say they’re grappling now with about 45 percent of the potential risks, or will be within five years, according to a report issued today by the London-based non-profit group. That’s up from 2011, when members of the Standard and Poor’s 500 Index expected 26 percent of the potential risks to affect them within five years.

Fighting Bugs With Bugs: Hatching A Solution For Troubled Trees (jdargis)

ACP came to California in 2008. This alone was worrying, but the truly alarming news came four years later in 2012, when a backyard orange tree in Los Angeles County was found to be infected with citrus greening disease. With both the disease and the carrier present in the state, citrus growers are worried that the agricultural disaster in Florida might repeat itself in California, and they're scrambling for a solution. And instead of relying on chemicals and quarantines, farmers and scientists are turning to an unlikely ally: another bug.

Gold & Silver

Click to read the PM Daily Market Commentary: 5/16/14

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."

3 Comments

saxplayer00o1's picture
saxplayer00o1
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saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Online)
Joined: Jul 30 2009
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jonesb.mta's picture
jonesb.mta
Status: Silver Member (Offline)
Joined: Jun 11 2008
Posts: 126
Serbia and Bosnia Floods

I don't know how they think this isn't covered in the media. I don't watch television news any more but it has been on internet news sites for a few days now and maybe even a day or two before I noticed it.

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