Winds of change blowing through UK energy as world's biggest offshore wind farm opens. After the world's largest wind farm was opened in the Thames Estuary, its developer tells Emily Gosden why the naysayers are wrong. Benj Sykes is none too familiar with the red-throated diver. "I wouldn't know one if it sat on my head," he confesses. "I'm not a twitcher, I'm af...Read More
The new enemy of the planet … are humble tea bags really doing untold damage? … As the new Bank of England chief's wife attacks them, are humble tea bags really doing untold damage? Mark Carney's wife has criticised teabags as a waste of paper The UK is the second-largest tea market in the world, and Ireland is the first … Diana Carney, Mark Carney's wife, says teabag...Read More
'A Toxic System': Why Austerity Still Isn't Working in Greece … Despite drastic austerity measures, a new Greek debt haircut looks unavoidable. The old system has proven resistant to reform and billions in emergency aid hasn't been enough to turn things around. After making a lot of money manufacturing swimming pools, Stelios Stavridis has redirected his entrepreneurial talen...Read More
OUT NOW, ON BEATPORT, JB Hi-Fi NOW, SPOTIFY, iTUNES, & DANCE-TUNES.Download link: http://bit.ly/BuyResolutionSubscribe to Definition of Sounds: http://bit.ly/DefOfSoundsFacebook: http://facebook.com/DefinitionofSoundsTwitter: http://twitter.com/DefofSoundsThe perfect blend they say! The smooth vocals go perfectly with the progressive crushing beat! Paul Covi and Luke Zancanaro spiced things up by...Read More
When? When? When?Many people ask me, "When will silver take off, and really rise?"This is a good question! I don't know. But I have four standard answers, all good ones!I like this question, because I know that the person asking this question really knows the fundamental reasons why silver is expected to rise. But let me review some of the strongest reasons briefly.Money printing is out of c...Read More
It Looks Like Everyone Owes Bernanke A Big Apology … Since the day the rally began in early 2009, basically they've always been wrong. The economy since the bottom has been characterized by steady, underwhelming improvement, and the only time the market has dived has been during periods when it looked like the economy might falter (most notably right after the 2011 debt ceiling brouhaha)...Read More
Bank of England new governor Carney makes fans in first week At the end of his first week at the Bank of England, Mark Carney appears to have impressed the markets, economists, and even a group of determined female protestors. Since the new governor got his feet under the desk on Monday morning, the FTSE 100 has risen around 6%. Economists welcomed the moves towards "forward guidance", o...Read More
Egypt needs elections, not generals … Mohamed Morsi's one-year rule of Egypt was disastrous. He ruled by fiat, alienated potential allies and failed to stabilize the country's spiraling economy. But a military coup is not an answer to Egypt's problems. It will exacerbate, not ease, Egypt's vast political divide. The Egyptian military's primary interest is maintaining its...Read More
The events that led to the Egyptian army's removal of President Mohamed Morsi confronted the military with a simple choice: intervention or chaos. Seventeen million people on the street is not the same as an election. But it is an awesome manifestation of people power. The equivalent turnout in Britain would be around 13 million people. Just think about it for a moment. The army wouldn't i...Read More
It Looks Like Everyone Owes Bernanke A Big Apology … Since the day the rally began in early 2009, basically they've always been wrong. The economy since the bottom has been characterized by steady, underwhelming improvement, and the only time the market has dived has been during periods when it looked like the economy might falter (most notably right after the 2011 debt ceiling brouhaha)...Read More
Bank of England new governor Carney makes fans in first week At the end of his first week at the Bank of England, Mark Carney appears to have impressed the markets, economists, and even a group of determined female protestors. Since the new governor got his feet under the desk on Monday morning, the FTSE 100 has risen around 6%. Economists welcomed the moves towards "forward guidance", o...Read More
Egypt needs elections, not generals … Mohamed Morsi's one-year rule of Egypt was disastrous. He ruled by fiat, alienated potential allies and failed to stabilize the country's spiraling economy. But a military coup is not an answer to Egypt's problems. It will exacerbate, not ease, Egypt's vast political divide. The Egyptian military's primary interest is maintaining its...Read More
The events that led to the Egyptian army's removal of President Mohamed Morsi confronted the military with a simple choice: intervention or chaos. Seventeen million people on the street is not the same as an election. But it is an awesome manifestation of people power. The equivalent turnout in Britain would be around 13 million people. Just think about it for a moment. The army wouldn't i...Read More
By Popular demand I present to you the final part of the American Revolution part 2.Read More
True Blood episode 6x03: Eric & Willa talk in the coffin.All rights reserved by HBO. This is for the fans only.Read More
Goldfinger's official music video for 'Here In Your Bedroom'. Click to listen to Goldfinger on Spotify: http://smarturl.it/GoldFSpotify?IQid=...As featured on The Best Of Goldfinger. Click to buy the track or album via iTunes: http://smarturl.it/GFBOiTunes?IQid=HIYBGoogle Play: http://smarturl.it/GFHIYBplay?IQid=HIYBAmazon: http://smarturl.it/GFBOAmz?IQid=HIYBMore from Goldfinger99 Red Balloons: h...Read More
China admits local govt debt levels unknown, could be higher than estimated … A senior Chinese official said on Friday that the government did not know precisely know how much debt local governments had built up and warned that it could be more than previous estimates. Estimates of local government debt range from Standard Chartered's 15 percent of the country's GDP at end-2012 to Cr...Read More
Carney Should Make the Bank of England an Innovator … Speculation that Mark Carney, who took charge at the Bank of England this week, might radically change U.K. monetary policy cooled in the months after his appointment was announced. No doubt, this softening of expectations was justified — the constraints of the office are tighter than the new governor and his admirers would like. It...Read More
Unprecedented Globalization … A couple of weeks ago I posted a chart showing the long-term trend of world trade in manufactures relative to world production. The paper I took the chart from, however, only went up to 2000. And I decided to update it for the next edition of Krugman Obstfeld Melitz. And it's pretty striking: You see the interwar trade decline; the growth in world trade afte...Read More
Delaying the Employer Mandate Requires Delaying All of Obamacare … The IRS has announced it will postpone the start date of Obamacare's "employer mandate" from 2014 to 2015. Most of the reaction has focused on how this move is an implicit acknowledgement that Obamacare is harmful, cannot work, and will prove a liability for Democrats going into the November 2014 elections. The...Read More