Medical cannabis fuels new sector …There's a flurry of activity in the 'farm to pharma' sector. A pot stock boom looks set to sweep the Australian sharemarket after plans to legalise medical cannabis, with a host of ASX-listed companies fast-tracking their moves to enter the market. Australia's first listed medical marijuana company, MMJ PhytoTech, which merged with Canadian...Read More
Yes, the Civil War was about Slavery. Get over it. Stone Mountain can keep its memorial, but it needs a reboot … Yesterday I wrote a piece about how it's time for the Georgia legislature to stop honoring slavery, and it seems people have taken it way out of context. The first line of that post was "Is it time to put away the war between the states? Yes, it is. It's way past time...Read More
Medical cannabis fuels new sector …There's a flurry of activity in the 'farm to pharma' sector. A pot stock boom looks set to sweep the Australian sharemarket after plans to legalise medical cannabis, with a host of ASX-listed companies fast-tracking their moves to enter the market. Australia's first listed medical marijuana company, MMJ PhytoTech, which merged with Canadian...Read More
Yes, the Civil War was about Slavery. Get over it. Stone Mountain can keep its memorial, but it needs a reboot … Yesterday I wrote a piece about how it's time for the Georgia legislature to stop honoring slavery, and it seems people have taken it way out of context. The first line of that post was "Is it time to put away the war between the states? Yes, it is. It's way past time...Read More
Barcelona Threatens to Print Parallel Currency, Madrid Seethes … Over the next six months, Barcelona's left-wing city council plans to roll out a cash-less local currency that has the potential to become the largest of its kind in the world. The main goal of the project, according to a council spokesperson, is to boost economic opportunities for local businesses and traders. The idea is...Read More
Spoofing trial to shine light on secret world of high-frequency trading … In less time than it takes you to read this sentence, Michael Coscia could make more money than most Americans earn in an 8-hour day. If you blinked, you miss it. But if you slowed down time … you'd see the unmistakable evidence of a sophisticated criminal at work, the feds say. That's because Coscia, 53,...Read More
Barcelona Threatens to Print Parallel Currency, Madrid Seethes … Over the next six months, Barcelona's left-wing city council plans to roll out a cash-less local currency that has the potential to become the largest of its kind in the world. The main goal of the project, according to a council spokesperson, is to boost economic opportunities for local businesses and traders. The idea is...Read More
Spoofing trial to shine light on secret world of high-frequency trading … In less time than it takes you to read this sentence, Michael Coscia could make more money than most Americans earn in an 8-hour day. If you blinked, you miss it. But if you slowed down time … you'd see the unmistakable evidence of a sophisticated criminal at work, the feds say. That's because Coscia, 53,...Read More
Gold has shown strength in the last couple of weeks – though inflation isn't the only catalyst. There's another factor, namely a bizarre new proposal from Bank of England Chief Economist Andy Haldane that's catching on with Fed governors and frustrated central bankers worldwide. You see, if Haldane gets his way, gold may not just be a store of value – it may be the only one...Read More
Mexico's supreme court plans to discuss a proposal that could effectively legalize the consumption and production of marijuana for recreational use in a session at the end of October. Judges will vote on whether to declare unconstitutional parts of a federal health law prohibiting the growth and consumption of marijuana after a nonprofit group filed an injunction against a 2013 decision by hea...Read More
Gold has shown strength in the last couple of weeks – though inflation isn't the only catalyst. There's another factor, namely a bizarre new proposal from Bank of England Chief Economist Andy Haldane that's catching on with Fed governors and frustrated central bankers worldwide. You see, if Haldane gets his way, gold may not just be a store of value – it may be the only one...Read More
Mexico's supreme court plans to discuss a proposal that could effectively legalize the consumption and production of marijuana for recreational use in a session at the end of October. Judges will vote on whether to declare unconstitutional parts of a federal health law prohibiting the growth and consumption of marijuana after a nonprofit group filed an injunction against a 2013 decision by hea...Read More
The Internet May Be Changing Your Brain In Ways You've Never Imagined… Five years ago, journalist Nicholas Carr wrote in his book The Shallows: How The Internet Is Changing Our Brains about the way technology seemed to be eroding his ability to concentrate. "Once I was a scuba diver in the sea of words," he wrote. "Now I zip along the surface like a guy on a Jet Ski."...Read More
For example, Japan just reported another trade deficit. Despite forecasts for a gain in exports, they grew at the slowest pace in more than a year in September, while exports to China fell 3.5 percent. "China-bound exports fell for a second straight month in terms of value and volume, that weighed on exports," a finance ministry official said. "We must pay the utmost attention to Ch...Read More
The Internet May Be Changing Your Brain In Ways You've Never Imagined… Five years ago, journalist Nicholas Carr wrote in his book The Shallows: How The Internet Is Changing Our Brains about the way technology seemed to be eroding his ability to concentrate. "Once I was a scuba diver in the sea of words," he wrote. "Now I zip along the surface like a guy on a Jet Ski."...Read More
For example, Japan just reported another trade deficit. Despite forecasts for a gain in exports, they grew at the slowest pace in more than a year in September, while exports to China fell 3.5 percent. "China-bound exports fell for a second straight month in terms of value and volume, that weighed on exports," a finance ministry official said. "We must pay the utmost attention to Ch...Read More
Speaker John Boehner seeks compromise with Democrats over raising the debt limit … House Speaker John A. Boehner has lowered expectations for reaching a sweeping budget deal with the White House and instead is focusing on the more immediate task of averting a looming showdown over the debt ceiling. Raising the debt limit has become one of the most difficult votes for Republicans in Washingto...Read More
I met with the staff in charge of agricultural assistance at the World Bank and other international aid agencies, but no one recalled hearing about a Chinese pledge to provide $800 million for rice production or any stories of public outrage or government denials of a plan to bring in Chinese settlers. At the International Monetary Fund's Maputo office, a staff member who had been tracking Chi...Read More
Speaker John Boehner seeks compromise with Democrats over raising the debt limit … House Speaker John A. Boehner has lowered expectations for reaching a sweeping budget deal with the White House and instead is focusing on the more immediate task of averting a looming showdown over the debt ceiling. Raising the debt limit has become one of the most difficult votes for Republicans in Washingto...Read More
I met with the staff in charge of agricultural assistance at the World Bank and other international aid agencies, but no one recalled hearing about a Chinese pledge to provide $800 million for rice production or any stories of public outrage or government denials of a plan to bring in Chinese settlers. At the International Monetary Fund's Maputo office, a staff member who had been tracking Chi...Read More