Revolting voters … Democracy is under threat, warns Philip Coggan. Time to reform it … A huge year for democracy lies ahead: in 2014 voters will go to the polls in some of the biggest countries of the developing world, including India, Indonesia and Brazil, as well as in the United States (for mid-terms) and across the 28 countries of the European Union (to elect the European Parliamen...Read More
Global warming scientists forced to admit defeat… because of too much ice: Stranded Antarctic ship's crew will be rescued by helicopter … Chris Turney, a climate scientist and leader of the expedition, was going to document 'environmental changes' at the pole … In an interview he said he expected melting ice to play a part in expedition … MV Akademik Schokalskiy...Read More
Revolting voters … Democracy is under threat, warns Philip Coggan. Time to reform it … A huge year for democracy lies ahead: in 2014 voters will go to the polls in some of the biggest countries of the developing world, including India, Indonesia and Brazil, as well as in the United States (for mid-terms) and across the 28 countries of the European Union (to elect the European Parliamen...Read More
Global warming scientists forced to admit defeat… because of too much ice: Stranded Antarctic ship's crew will be rescued by helicopter … Chris Turney, a climate scientist and leader of the expedition, was going to document 'environmental changes' at the pole … In an interview he said he expected melting ice to play a part in expedition … MV Akademik Schokalskiy...Read More
Gold price collapse is the worst for 30 years … The precious metal has been one of the worst-performing assets in 2013, bringing an end to a decade-long rally. Gold has fallen almost 28pc over the last 12 months … Gold will finish the year as one of the worst-performing asset classes, bringing to an end a decade-long rally in the precious metal. Gold has suffered its sharpest fall in 3...Read More
The Audacity of Optimism. In the year or more that I have written this column, I have often emphasized the way in which things may be going at least a bit right. That contrasts with the frequently repeated mantra that we are going dangerously off the rails. Of course, like anyone, I may be right or wrong or somewhere in between. What's been perplexing about responses to this column, however, i...Read More
Gold price collapse is the worst for 30 years … The precious metal has been one of the worst-performing assets in 2013, bringing an end to a decade-long rally. Gold has fallen almost 28pc over the last 12 months … Gold will finish the year as one of the worst-performing asset classes, bringing to an end a decade-long rally in the precious metal. Gold has suffered its sharpest fall in 3...Read More
The Audacity of Optimism. In the year or more that I have written this column, I have often emphasized the way in which things may be going at least a bit right. That contrasts with the frequently repeated mantra that we are going dangerously off the rails. Of course, like anyone, I may be right or wrong or somewhere in between. What's been perplexing about responses to this column, however, i...Read More
This video, originally posted in 2008 by an unknown individual, was viewed over 2 million times before being removed from YouTube in late 2013.I decided to post a copy so that those searching for the original video will at least be able to view this copy.However, I doubt it will receive the 2 million plus views garnered by the original. In addition, its worth remembering just how clueless everyone...Read More
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U.S. jobless claims fall, holiday retail sales rise. The number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly a month, a hopeful sign for the labor market, while holiday retail sales rose in November and December. While the holiday season has made recent claims data so volatile it has been difficult to interpret, Thursday's report showed...Read More
Local courts reviving "debtors' prison" for overdue fines, fees … As if out of a Charles Dickens novel, people struggling to pay overdue fines and fees associated with court costs for even the simplest traffic infractions are being thrown in jail across the United States. Critics are calling the practice the new "debtors' prison" – referring to the jails tha...Read More
U.S. jobless claims fall, holiday retail sales rise. The number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly a month, a hopeful sign for the labor market, while holiday retail sales rose in November and December. While the holiday season has made recent claims data so volatile it has been difficult to interpret, Thursday's report showed...Read More
Local courts reviving "debtors' prison" for overdue fines, fees … As if out of a Charles Dickens novel, people struggling to pay overdue fines and fees associated with court costs for even the simplest traffic infractions are being thrown in jail across the United States. Critics are calling the practice the new "debtors' prison" – referring to the jails tha...Read More
2013 is coming to a close. Here's Walt Jr. with the highlights.Subscribe for more El-Cid! ?-? http://tinyurl.com/khjhf2zEl-Cid on Facebook: https://www.facebook.com/StingingFoamEl-Cid on Twitter: https://twitter.com/StingingFoamEl-Cid's Patreon: http://www.patreon.com/el_cidRead More
Since we published ourJuly 12 issue, the 10 stocks in the table below are up by an average of 14.4 per cent. This beats the 10.3 per cent rise in the S&P/TSX Composite Index. All 10 are expected to earn more in 2014 than in 2013.Key stock Teck Resources remains a buy for long-term gains and dividends that are on the riseLower commodity prices have more than offset higher production and have reduce...Read More
China move calms credit concerns … Chinese authorities have been trying to curb excessive lending … China's central bank has pumped $5bn (£3.1bn) into the banking system to ease concerns over a credit squeeze that has caused rising interest rates. The People's Bank of China did not explain its actions, but over the last few days there has been growing concern over the ava...Read More
U.S. Postal Service Wins 6 Percent Increase to Cover Loss … The U.S. Postal Service's regulator has approved price increases amounting to 6 percent on most mail, a step the service's board called a "last resort" forced by Congress's failure to pass cost-cutting legislation. A first-class stamp will cost 49 cents, up from 46 cents, starting Jan. 26. Similar changes will...Read More
China move calms credit concerns … Chinese authorities have been trying to curb excessive lending … China's central bank has pumped $5bn (£3.1bn) into the banking system to ease concerns over a credit squeeze that has caused rising interest rates. The People's Bank of China did not explain its actions, but over the last few days there has been growing concern over the ava...Read More
U.S. Postal Service Wins 6 Percent Increase to Cover Loss … The U.S. Postal Service's regulator has approved price increases amounting to 6 percent on most mail, a step the service's board called a "last resort" forced by Congress's failure to pass cost-cutting legislation. A first-class stamp will cost 49 cents, up from 46 cents, starting Jan. 26. Similar changes will...Read More