The job of capital markets is to process information so that savings flow to the best projects and firms. That makes high finance sound simple; in reality it is dynamic and intoxicating. It reflects a changing world. Today’s markets, for instance, are grappling with a trade war and low interest rates. But it also reflects […]
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Trump is unfit for Presidency
Besides his demolishing America’s political reputation throughout the world Trump still hasn’t learned he can’t run the U.S. government as he did his business. Bullying and threatening other politicians does not belong in the White House (Trump was involved in over 4,000 litigation matters in business – many with his subcontractors.) A 2017 post titled […]
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2019 Big Mac Index
The Big Mac index is based on the theory of purchasing-power parity (PPP), which states that currencies should adjust until the price of an identical basket of goods—or in this case, a Big Mac—costs the same everywhere. By this metric most exchange rates are well off the mark. In Russia, for example, a Big Mac […]
The National Rifle Association (NRA) has acted as a “foreign asset” in providing Russian officials access to US political organizations, according to an investigation by Senate Democrats. The results of the investigation were published by the Oregon senator Ron Wyden on Friday. The report also alleges that the NRA may have broken tax laws by […]
Early one Friday morning two years ago, David Diaz woke up his wife, Marisia, and told her he didn’t feel right. He asked her to pray with him. Their son called 911, and within minutes, Marisia was tailing an ambulance down the dirt road away from the couple’s house on the outskirts of Phoenix to […]
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‘E’ wordsearch puzzle
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It started as a dare. Flicking through an old book of pictures taken in the circus, we saw this woman firing an arrow with her feet. My friend dared me to try it and we went straight to a sporting goods store, bought a bow and arrow, and I realised: “Yeah, I could probably do […]
There comes a time in a scientist’s life when the surest route to global fame involves a bevy of naked French postmen with thermometers taped to their testicles. At least that is the case for Roger Mieusset, a fertility specialist at the University of Toulouse, whose unlikely studies have earned him one of the most […]
Humans today are mosaics, our genomes rich tapestries of interwoven ancestries. With every fossil discovered, with every DNA analysis performed, the story gets more complex: We, the sole survivors of the genus Homo, harbor genetic fragments from other closely related but long-extinct lineages. Modern humans are the products of a sprawling history of shifts and […]
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Benefits of farming vertically
MANY FOODIES pin the blame for farming’s ills on “unnatural” industrial agriculture. Agribusinesses create mono-cultures that destroy habitat and eliminate historic varieties. Farmers douse their crops with fertilizer and insecticide, which poison streams and rivers—and possibly human beings. Intensive farms soak up scarce water and fly their produce around the world in airplanes that spew […]
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Rabbits and sheep jigsaw puzzle
Use mouse to move jigsaw pieces so they form a completed image. Click your Browser Reload Page icon to change puzzle layout. Click on Title to view puzzle page. Like 0
The numbers are mind-boggling: $70,000 per minute, $4 million per hour, $100 million per day. That’s how quickly the fortune of the Waltons, the clan behind Walmart Inc., has been growing since last year’s Bloomberg ranking of the world’s richest families. At that rate, their wealth would’ve expanded about $23,000 since you began reading this. […]
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Handshake Jigsaw Puzzle
Use mouse to move jigsaw pieces so they form a completed image. Click your Browser Reload Page icon to change puzzle layout. Click on Title of puzzle to open its own page with playable puzzle. Like 0
During World War I, a grandmother in Belgium knitted at her window, watching the passing trains. As one train chugged by, she made a bumpy stitch in the fabric with her two needles. Another passed, and she dropped a stitch from the fabric, making an intentional hole. Later, she would risk her life by handing […]
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Why Was Trumponomics a Flop?
On Wednesday, the Federal Reserve cut interest rates, even though the unemployment rate is low and overall economic growth remains decent, though not great. According to Jay Powell, the Fed’s chairman, the goal was to take out some insurance against worrying hints of a future slowdown — in particular, weakness in business investment, which fell […]
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Trump’s racist Cummings attack
In its response to Donald Trump’s racist attack on congressman Elijah Cummings, the editorial board of the Baltimore Sun said it “would not sink to name-calling in the Trumpian manner”. But it did enumerate some of the president’s failings in office and liken him to a creature he said “infested” Cummings’ congressional district: a rat. […]
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Bob Geldof’s firm wanted to buy a chicken farm in Uganda, one of the poorest countries on earth. But first, an errand. After soaring to fame in the 1980s for organizing Live Aid and other anti-famine efforts, the former Boomtown Rats rocker had shifted to the high-powered world of international finance. He founded a U.K.-based […]
Danielle Stella was arrested twice this year in Minneapolis suburbs over allegations that she shoplifted items worth more than $2,300 from a Target and goods valued at $40 from a grocery store. She said she denied the allegations. Stella, 31-year-old special education teacher, was reported this week to be a supporter of the baseless “QAnon” […]
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New Like Button
Today I added a “Like” to my pages and posts. It simply says “Like”. Feel free to share the post or page on social networks or you may scroll down the page and leave a polite comment. Like 0