Tag: Economy
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#China Industrial Profits Drop in August as Slowdown Deepens
from bloomberg.com: Profits at industrial companies in China declined last month for the first time in two years as a slowdown in the world’s second-largest economy deepens. Total profits of China’s industrial enterprises fell 0.6 percent from a year earlier in August, the National Bureau of Statistics said today in Beijing. That compares with July’s…
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Big Mac, Thin Wallet: Fast Food Breaks Your Bank and Your Brain
from nytimes.com: In recent years we have seen plenty of studies of the impact of fast food on our bodies. But what about our psychological health? … Across several studies, we found that thoughts of fast food spurred participants to hurry through reading a paragraph describing their city; express a greater desire for time-saving products;…
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What’s Behind the Corporate Buyout Food Frenzy?
from usatoday.com: The ongoing food frenzy comes down to this: buy or be bought. “Think of it as a Pac Man for companies,” says Michael Silverstein, senior partner at the Boston Consulting Group. If you don’t swallow someone else, they may swallow you. Perhaps that’s why even giant Tyson Foods got into the melee Thursday…
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The Geopolitics of the Eurasian Economic Union
from globalresearch.ca: The deal signed last week by Russia, Belarus, and Kazakhstan to create a Eurasian Economic Union is yet another countermeasure against US and European attempts to isolate Russia. By moving towards closer economic cooperation, Russia hopes to build, piecemeal if necessary, a common Eurasian economic space that will ultimately rival the US and Europe in…
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#NewWorldNextWeek: Episode194 – Belgium Buyer, Royal Nazi, GMO Ban
NewWorldNextWeek.com: Episode194 – Belgium Buyer, Royal Nazi, GMO Ban Welcome to New World Next Week – the video series from Corbett Report and Media Monarchy that covers some of the most important developments in open source intelligence news. This week: Story #1: Did the Fed Launder $141B Through Belgium to Hide Massive Increase In QE?…
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Fast-food workers announce global protest, walkouts set for 33 countries
from aljazeera.com: Fast-food workers are planning a global strike for better pay and working conditions, with actions set to take place in 150 U.S. cities and 32 other countries in a bid to exert pressure on multinational companies. Strikes are planned for May 15 across five continents in countries including Morocco, Japan, India, Belgium, Germany,…
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F$%k the EU! (The EU is F*#ked) – The Geneva Business Insider
from corbettreport.com: David L. Smith of the Geneva Business Insider joins The Corbett Report once again to discuss the latest in economics, finance, geopolitics and society. This month they tackle the ongoing Ukrainian crisis and how it will inevitably backfire on the EU and the US, the so-called European recovery, and the European immigration issue.
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The Fat Cats of Fast-Food
from consortiumnews.com: Pay inequity has worsened across the U.S. economy, but perhaps nowhere more than in the fast-food industry where CEOs and other top executives fatten their compensation as their fast-food workers subsist on taxpayer-provided food stamps, as Michael Winship explains. Bad enough that the empty calories of many a fast-food meal have all the nutritional…
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Subway Leads Fast Food Nation In Underpaying Workers
from money.cnn.com: McDonald’s gets a lot of bad press for its low pay. But there’s an even bigger offender when it comes to fast food companies underpaying their employees: Subway. Individual Subway franchisees have been found in violation of pay and hour rules in more than 1,100 investigations spanning from 2000 to 2013, according to…
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#NewWorldNextWeek: Episode192 – India Elections, Superbugs Spreading, Operation Choke Point
NewWorldNextWeek.com: Episode192 – India Elections, Superbugs Spreading, Operation Choke Point Welcome to New World Next Week – the video series from Corbett Report and Media Monarchy that covers some of the most important developments in open source intelligence news. This week: Story #1: India’s Election Is Biggest Voting Event In the World A Bigger-Than-Ever Reason…
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Azerbaijan Pipeline Would Bypass Russia?
from politico.com: The confrontation between Ukraine and Russia is helping to create an opening for another former Soviet state that wants to become a bigger gas supplier to Europe. Azerbaijan — nestled between Russia to its north and Iran to its south — hopes its geographic and geopolitical position will help persuade the Obama administration…
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Dems, Repubs Both Trot Out Women to Prove They’re Not Sexist
from thewire.com: In attempts to prove they’re not sexist, both parties are inviting their female leaders to speak out about how happy they are. Republicans have been accused of waging a war on women, but the White House has been under scrutiny lately for paying its female employees less than men. President Obama says he’s…
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Russia Tightens Pressure on Ukraine With Rise in Gas Price
from nytimes.com: Even as American and Russian diplomats groped toward a settlement that would halt further Russian military intervention in Ukraine, Gazprom, the Russian energy company, stepped up the economic pressure on Tuesday by sharply raising the price it charges for natural gas. Gazprom, a state-controlled gas exporter, raised the price to $385 for 1,000…
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Rising Food Prices Bite Into Household Budgets
from usatoday.com: Prices are rising for a range of food staples, from meat and pork to fruits and vegetables, squeezing consumers still struggling with modest wage gains. Food prices rose 0.4% in February, the most since September 2011, the Bureau of Labor Statistics said Tuesday. Beef and veal shoppers were socked with some of the…
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International Women’s Day: Mainstream Messaging For The Radical Cause Of Full Economic Empowerment
from forbes.com: Over the last decade, International Women’s Day has become a major circle on the calendar for social entrepreneurs, NGO leaders, corporate cause-makers, politicians and feminist organizers working to guarantee full civil and economic rights for half the world’s population. Tomorrow will see an explosion of gatherings, articles, speeches, television segments and discussions on…