Why Russians hate America. Again. - The Times of India: ""America stuffs its democracy in our face," bellowed a cabdriver named Kostya in the city of Nizhny Novgorod. (His main beef was with the "propaganda of pederasts," using a derogatory word used to describe homosexuals, a few weeks after the Supreme Court's approval of gay marriage.) "If you're saying yes, yes, yes, all the time and nodding your head, well sometimes you have to say no," he said, explaining that Russia had finally stood up to the United States. "
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Sunday, September 13, 2015
Saturday, September 12, 2015
Friday, September 11, 2015
Citi's Chief Economist Says China Is 'Financially Out of Control' - Yahoo Finance
Citi's Chief Economist Says China Is 'Financially Out of Control' - Yahoo Finance: "The cause of his consternation is the immense debt that Chinese non-financial companies have racked up in a short period of time. Over the past decade, the indebtedness of China's private sector has exploded and exceeded that of the U.S., which Buiter pointed out has a much more advanced economy and sophisticated financial system:"
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Thursday, September 10, 2015
Book and Weblog – Authored by Garth Turner — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate
Book and Weblog – Authored by Garth Turner — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate: "Well, it’s true that 93% of all TFSAs are not maxed. It’s also true 48% of people are living paycheque-to-paycheque and that 80% of Canadians over 50 are desperately behind in the amount of savings required to survive in retirement."
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Wednesday, September 9, 2015
Sunday, September 6, 2015
Animal Welfare | Empire Kosher
Animal Welfare | Empire Kosher: "Empire Kosher cares deeply about animal welfare, with all poultry humanely raised by a network of small family farmers, for whom animal welfare is espoused and embraced.
The stress free chickens roam freely and are sheltered in spacious, sanitary quarters, instead of in chicken coops. Their wings and beaks are never clipped and they are fed Empire Kosher’s own 100% vegetarian feed, made to a unique and exacting formula. All are antibiotic free, with no growth hormones ever added."
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The stress free chickens roam freely and are sheltered in spacious, sanitary quarters, instead of in chicken coops. Their wings and beaks are never clipped and they are fed Empire Kosher’s own 100% vegetarian feed, made to a unique and exacting formula. All are antibiotic free, with no growth hormones ever added."
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Thursday, September 3, 2015
Biggest drop in pay hitting America’s lowest paid workers - Yahoo Finance
Biggest drop in pay hitting America’s lowest paid workers - Yahoo Finance: "income for the lowest paid workers, defined as the lowest-paid fifth of all workers, has actually fallen 5.7% since 2009. The types of jobs seeing the greatest drops in income were for cooks and food prep workers, personal care and home health aides, and janitors and cleaners.
"This report quantifies something I think we know in a general way for a while,” Yahoo Finance's Rick Newman says in the attached video. “This is real incomes - which means relative to inflation - and I think what's going on is people aren’t getting pay cuts in these lower paying jobs, I think they're just not getting raises.” The traditional 3% or even 5% standard of living raises are a thing of the past, as employers don’t have a need to give them."
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"This report quantifies something I think we know in a general way for a while,” Yahoo Finance's Rick Newman says in the attached video. “This is real incomes - which means relative to inflation - and I think what's going on is people aren’t getting pay cuts in these lower paying jobs, I think they're just not getting raises.” The traditional 3% or even 5% standard of living raises are a thing of the past, as employers don’t have a need to give them."
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Tuesday, September 1, 2015
China stock probes send shivers through investment community - Yahoo Finance
China stock probes send shivers through investment community - Yahoo Finance: "One manager at a major fund - part of the "national team" of investors and brokerages charged with buying stocks to revive prices – said a friend, also an executive at a large fund, was recently summoned for a meeting with regulators, along with all other mutual funds that had engaged in short-selling activity.
"If I don't come back, look after my wife," his friend told him, handing the manager his home telephone number.
China has unleashed a volley of measures to try to prop up its stock markets that have fallen around 40 percent since mid-June, pushing domestic brokerages and fund managers to buy up shares and banning investors with large stakes from selling their holdings for six months.
The authorities' meddling has unnerved many investors, leaving them questioning China's commitment to liberalising its capital markets and the long-term future of the country's stock markets themselves.
Adding to those concerns is the fact that authorities have also been probing investment funds' trading strategies, looking into whether they have been engaging in alleged "malicious" short-selling or market manipulation.
On Monday, Bloomberg reported that Li Yifei, the China chairwoman of Man Group Plc, one of the world's largest hedge funds, had been taken into custody to help with inquiries."
'via Blog this'
"If I don't come back, look after my wife," his friend told him, handing the manager his home telephone number.
China has unleashed a volley of measures to try to prop up its stock markets that have fallen around 40 percent since mid-June, pushing domestic brokerages and fund managers to buy up shares and banning investors with large stakes from selling their holdings for six months.
The authorities' meddling has unnerved many investors, leaving them questioning China's commitment to liberalising its capital markets and the long-term future of the country's stock markets themselves.
Adding to those concerns is the fact that authorities have also been probing investment funds' trading strategies, looking into whether they have been engaging in alleged "malicious" short-selling or market manipulation.
On Monday, Bloomberg reported that Li Yifei, the China chairwoman of Man Group Plc, one of the world's largest hedge funds, had been taken into custody to help with inquiries."
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Monday, August 31, 2015
The Chinese super-rich are about to flood the US real-estate market - Yahoo Finance
The Chinese super-rich are about to flood the US real-estate market - Yahoo Finance: "The chaos of the past few weeks is likely to lead to an acceleration in the rate of real-estate purchases by wealthy Chinese buyers in the US and elsewhere.
"[Chinese] Investors who were looking at investing overseas may bring forward their purchases," James MacDonald, head of Savills Research in China, wrote in an email to Business Insider. "While some of those that may not have been considering the purchase of property in the U.S. may now look at doing so."
The Chinese see US real estate as a relatively moderate risk, high-return investment, Svenja Gudell, the chief economist at real-estate-research site Zillow, told Business Insider. Especially if buyers anticipate further RMB devaluation and market volatility.
Wealthy Chinese are already the largest group of foreign real-estate buyers in the US, with 16% of the single homes and condominiums purchased by foreign buyers snapped up by Chinese last year, according to the US National Homebuyers Association. They were trailed by Canadians, who bought 14% of homes.
These houses are typically more expensive properties, worth an average $831,800. Domestic buyers average $345,800 on a new single-family home, according to the US Census Bureau."
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"[Chinese] Investors who were looking at investing overseas may bring forward their purchases," James MacDonald, head of Savills Research in China, wrote in an email to Business Insider. "While some of those that may not have been considering the purchase of property in the U.S. may now look at doing so."
The Chinese see US real estate as a relatively moderate risk, high-return investment, Svenja Gudell, the chief economist at real-estate-research site Zillow, told Business Insider. Especially if buyers anticipate further RMB devaluation and market volatility.
Wealthy Chinese are already the largest group of foreign real-estate buyers in the US, with 16% of the single homes and condominiums purchased by foreign buyers snapped up by Chinese last year, according to the US National Homebuyers Association. They were trailed by Canadians, who bought 14% of homes.
These houses are typically more expensive properties, worth an average $831,800. Domestic buyers average $345,800 on a new single-family home, according to the US Census Bureau."
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Friday, August 28, 2015
Deal With the Devil: How the Global Elite Re-colonized China - YouTube
Deal With the Devil: How the Global Elite Re-colonized China - YouTube: "The "Chinese dragon" of the last two decades may be faltering but it is still hailed by many as an economic miracle. Far from a great advance for Chinese workers, however, it is the direct result of a consolidation of power in the hands of a small clique of powerful families, families that have actively collaborated with Western financial oligarchs."
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Thursday, August 27, 2015
Wednesday, August 26, 2015
Ethical, organic, safe: the other side of halal food | Life and style | The Guardian
Ethical, organic, safe: the other side of halal food | Life and style | The Guardian: "The halal industry, he says, tends to focus too much on how animals die rather than on how they live. Halal certification audits may focus on the details of whether there's alcohol in the hand sanitiser at abattoirs, or use of the unlawful "blessed blade", which has the pre-slaughter prayer written on it rather than having it pronounced for each individual animal. But there are broader issues at stake, springing from Islam's emphasis on sustainable living and kindness to animals. The Qur'an commands Muslims to "eat of what is in the earth lawful and wholesome", but too often, notes Lutfi, the emphasis remains on the lawful – halal – rather than tayyib, the wholesome and pure. Many halal meat producers too often mirror the pitfalls of the mass food industry: expediency and cheapness often trumping Islamic dictates on natural methods of farming and raising animals. "Halal is so much wider than just how an animal is killed or about meat," says Muhammad Nazir, CEO of Ghanim International UK, a halal food company backed by the Brunei government. "It's about eating food that benefits an individual in their physical and spiritual wellbeing.""
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PLA base in Djibouti to expand China's influence at US expense｜WCT
PLA base in Djibouti to expand China's influence at US expense｜WCT: "The small East African nation of Djibouti has ordered US troops to leave their secondary military base in the country, Camp Obock, in order to turn it over to China, reports Duowei News, a media outlet run by overseas Chinese, citing California-based left-wing magazine CounterPunch.
Due to China's significant investments in the country, Djibouti president Ismail Omar Guelleh has publicly spoken of the importance the country's "new friends from Asia," according to the magazine report.
If the reports are true, Beijing will undoubtedly be pleased to finally establish an overseas military base for itself.
Camp Obock is a secondary base to the only permanent US military base in Africa, Camp Lemonnier, which houses 4,000 soldiers and is a major drone base for the US in the region and plays an important role in the US's intelligence gathering operations targeting Islamic State and al-Qaida.
Djibouti, strategically located on the Horn of Africa on the western bank of the Gulf of Aden at the neck of the Red Sea as it passes into the Indian Ocean, is also one of landlocked Ethiopia's only access routes to the sea and China is currently constructing a US$3 billion railroad from the Ethiopian capital of Addis Ababa to Djibouti and has invested US$400 million to modernize its underdeveloped port, according to the magazine. The US, in comparison, pays just US$63 million a year for use of Camp Lemonnier.
The announcement calling for the vacation of the base was made the day after a visit to the country in May by the US secretary of state, John Kerry, which has raised concerns in Washington given the prospect that 10,000 Chinese troops will occupy a base neighboring the main US base in Africa, according to the magazine.
The UK's Daily Telegraph stated that the move may prompt the US "to relocate sensitive intelligence-gathering operations to more secure locations outside Djibouti where they are better protected from interception by the Chinese.""
'via Blog this'
Due to China's significant investments in the country, Djibouti president Ismail Omar Guelleh has publicly spoken of the importance the country's "new friends from Asia," according to the magazine report.
If the reports are true, Beijing will undoubtedly be pleased to finally establish an overseas military base for itself.
Camp Obock is a secondary base to the only permanent US military base in Africa, Camp Lemonnier, which houses 4,000 soldiers and is a major drone base for the US in the region and plays an important role in the US's intelligence gathering operations targeting Islamic State and al-Qaida.
Djibouti, strategically located on the Horn of Africa on the western bank of the Gulf of Aden at the neck of the Red Sea as it passes into the Indian Ocean, is also one of landlocked Ethiopia's only access routes to the sea and China is currently constructing a US$3 billion railroad from the Ethiopian capital of Addis Ababa to Djibouti and has invested US$400 million to modernize its underdeveloped port, according to the magazine. The US, in comparison, pays just US$63 million a year for use of Camp Lemonnier.
The announcement calling for the vacation of the base was made the day after a visit to the country in May by the US secretary of state, John Kerry, which has raised concerns in Washington given the prospect that 10,000 Chinese troops will occupy a base neighboring the main US base in Africa, according to the magazine.
The UK's Daily Telegraph stated that the move may prompt the US "to relocate sensitive intelligence-gathering operations to more secure locations outside Djibouti where they are better protected from interception by the Chinese.""
'via Blog this'
Shadian in Yunnan said to have been base for terror cells｜WCT
Shadian in Yunnan said to have been base for terror cells｜WCT: "Close to the border with Vietnam, Shadian was used as a transfer center to move personnel, equipment and money into Southeast Asia from China. Shadian has a population of 15,000, of which 90% are ethnic Hui — Han Chinese who practise Islam.
Local authorities have forced all Uyghurs to leave Shadian, fearing another attack against Han Chinese. Hui people from Xinjiang Uyghur autonomous region in northwestern China have also been forced to leave unless they can be vouched for by locals. Ma Fubao, an Uyghur businessman who had purchased a mansion in Shadian, has been forbidden from residing in the town."
'via Blog this'
Local authorities have forced all Uyghurs to leave Shadian, fearing another attack against Han Chinese. Hui people from Xinjiang Uyghur autonomous region in northwestern China have also been forced to leave unless they can be vouched for by locals. Ma Fubao, an Uyghur businessman who had purchased a mansion in Shadian, has been forbidden from residing in the town."
'via Blog this'
US stocks end sharply higher after afternoon surge - Yahoo Finance
US stocks end sharply higher after afternoon surge - Yahoo Finance: "The Dow Jones industrial average climbed 619 points, or 4 percent on Wednesday.
The Standard & Poor's 500 index jumped 72 points, or 3.9 percent, to 1,940. That's the biggest gain for the index since November, 2011.
The Nasdaq composite surged 191 points, or 4.2 percent, to 4,697."
'via Blog this'
The Standard & Poor's 500 index jumped 72 points, or 3.9 percent, to 1,940. That's the biggest gain for the index since November, 2011.
The Nasdaq composite surged 191 points, or 4.2 percent, to 4,697."
'via Blog this'
China's stock market falls for the fifth straight day - Vox
China's stock market falls for the fifth straight day - Vox: "After a day of big swings, China's benchmark Shanghai Composite Index closed down 1.2 percent on Wednesday.
The market has lost 22 percent of its value in 5 straight days of losses. Chinese stocks have lost 43 percent of their value since June.
Over the past two months, the Chinese government has taken extreme measures to reverse the stock market's decline.
China's stock market had a debt-fueled boom, followed by a crash
Between June 2014 and June 2015, China's Shanghai Composite index rose by 150 percent. A big reason for the stock market rally was that a lot of ordinary Chinese people began investing in the stock market for the first time. More than 40 million new stock accounts were opened between June 2014 and May 2015."
'via Blog this'
The market has lost 22 percent of its value in 5 straight days of losses. Chinese stocks have lost 43 percent of their value since June.
Over the past two months, the Chinese government has taken extreme measures to reverse the stock market's decline.
China's stock market had a debt-fueled boom, followed by a crash
Between June 2014 and June 2015, China's Shanghai Composite index rose by 150 percent. A big reason for the stock market rally was that a lot of ordinary Chinese people began investing in the stock market for the first time. More than 40 million new stock accounts were opened between June 2014 and May 2015."
'via Blog this'
Tuesday, August 25, 2015
Honour killing? Girl from Tikamgarh found dead on wedding day - The Times of India
Honour killing? Girl from Tikamgarh found dead on wedding day - The Times of India: "BHOPAL: In a suspected case of honour killing, a minor and her cousin were shot dead and bullet-riddled bodies were found in a farm in a village 40 km from district headquarters of Tikamgarh early on Thursday morning, barely 16 hours before the 17-year-old was to get married.
The girl, Badi Raja, 17, and her married cousin Chandrabhan Singh, 23, had bullet wound on chest when a villager spotted bodies under a mango tree in the field of village Haupura.
Superintendent of police (SP) Nimish Agrawal told media, "They had a love affair and it looks like a case of murder." Investigations are on, he said. Badi Raja, who belongs to Thakur community, went missing with Chandrabhan, who was married a year ago, around 10 on Wednesday night. "
'via Blog this'
The girl, Badi Raja, 17, and her married cousin Chandrabhan Singh, 23, had bullet wound on chest when a villager spotted bodies under a mango tree in the field of village Haupura.
Superintendent of police (SP) Nimish Agrawal told media, "They had a love affair and it looks like a case of murder." Investigations are on, he said. Badi Raja, who belongs to Thakur community, went missing with Chandrabhan, who was married a year ago, around 10 on Wednesday night. "
'via Blog this'
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