03 Economy – Page 107 – Public Intelligence Blog

2013/07/162013/07/16

SmartPlanet: Africa Boom Held Back by Infrastructure Gap — China Investing, Rail Could Be Next Thing

03 Economy, 08 Wild Cards, Earth Intelligence

Africa is the world’s fastest growing continent

The number of Africans living below the poverty line has fallen dramatically and the business climate is good. So what's holding back the fastest growing continent in the world?

With a projected average growth rate of 6 percent from 2013-2015 and one-third of African countries with economic growth rates currently above 6 percent, the African Development Bank says that Africa is now the fastest growing continent in the world.

In a new report, the African Development Bank Group says that 350 million Africans now earn between $2 and $20 a day as the share of the population living below the poverty line has fallen from 51 percent to 39 percent.

Continue reading “SmartPlanet: Africa Boom Held Back by Infrastructure Gap — China Investing, Rail Could Be Next Thing”

2013/07/122013/07/12

SmartPlanet: China Invests $1.1B in Nigeria — While Others Destabilize Africa

02 China, 03 Economy, Commerce, Ethics, Government

China invests $1.1 billion in Nigerian infrastructure

Less than two weeks ago, U.S. President Barack Obama traveled to Africa where he announced a $7 billion energy plan and welcomed development competition on the continent. “I want everybody playing in Africa,” he said.

And it didn’t take long for China to show that it’s playing, and winning. On Wednesday China announced an investment of $1.1 billion in Nigeria’s infrastructure, in the form of low-interest loans. According to Al Jazeera, the loan will help pay for airport terminals in four cities, a light-rail line in the capital city of Abuja, roads, and energy infrastructure. And that’s on top of the $1.7 billion in contracts that Chinese companies have won to build up the country’s roads.

Continue reading “SmartPlanet: China Invests $1.1B in Nigeria — While Others Destabilize Africa”

2013/07/09

Sepp Hasslberger: Vaccines do Irreparable Harm + Vaccine Harm RECAP

03 Economy, 06 Family, 07 Health, 11 Society, Academia, Commerce, Corruption, Government, Media

When will government health departments start paying attention?

Vaccines Do Irreparable Harm: Study from Poland

2013/07/072013/07/07

Chuck Spinney: Be Very Afraid — Obama Kept the Debt He Promised to Write Down and Now Pressure is On for Governments to Sell the Commonwealth Piece by Piece

03 Economy, 07 Other Atrocities, 10 Transnational Crime, 11 Society, Commerce, Commercial Intelligence, Corruption, Government, Idiocy, Ineptitude

From the Bubble Economy to Debt Deflation and Privatization

Michael Hudson, Counterpunch, 2013-07-05

The Federal Reserve’s QE3 has flooded the stock and bond markets with low-interest liquidity that makes it profitable for speculators to borrow cheap and make arbitrage gains buying stocks and bonds yielding higher dividends or interest. In principle, one could borrow at 0.15 percent (one sixth of one percent) and buy up stocks, bonds and real estate throughout the world, collecting the yield differential as arbitrage. Nearly all the $800 billion of QE2 went abroad, mainly to the BRICS for high-yielding bonds (headed by Brazil’s 11% and Australia’s 5+%), with the currency inflow for this carry trade providing a foreign-exchange bonus as well.

Continue reading “Chuck Spinney: Be Very Afraid — Obama Kept the Debt He Promised to Write Down and Now Pressure is On for Governments to Sell the Commonwealth Piece by Piece”

2013/07/062013/07/06

SchwartzReport: Only 47% of US Adults Have Full-Time Job — CAN YOU HEAR US NOW? Robert Steele Comments + REVOLUTION USA RECAP

03 Economy, 06 Family, 07 Health, 07 Other Atrocities, 10 Transnational Crime, 11 Society, Corruption, Government, Idiocy, Ineptitude

Here is some good news and some bad news. More jobs were created, but they are generally low level jobs, and 53 per cent of adult Americans still don't have jobs. We cannot have a prosperous democracy when over half the adults don't have secure full-time employment.

Only 47% of Adults Have Full-Time Job
MIKE FLYNN – Breitbart

EXTRACT:

Of the 144 million Americans employed last month, only 116 million were working full-time. Friday's report showed that 58.7% of the civilian adult population of 245 million was working last month. Only 47% of Americans, however, had a full-time job.

Continue reading “SchwartzReport: Only 47% of US Adults Have Full-Time Job — CAN YOU HEAR US NOW? Robert Steele Comments + REVOLUTION USA RECAP”

2013/07/052013/07/05

Paul Craig Roberts: US Jobs Report Half Truth (New Crummy Jobs) Half Lies (Those Not Counted)

03 Economy, 11 Society, Commerce, Commercial Intelligence, Corruption, Government

No Hope On The Jobs Front

Paul Craig Roberts

Paul Craig Roberts was Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal. He was columnist for Business Week, Scripps Howard News Service, and Creators Syndicate. He has had many university appointments. His internet columns have attracted a worldwide following. His latest book, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West is now available.

Do you remember the promise of the New Economy that was going to replace the lost “dirty fingernail” manufacturing jobs with innovative highly paid New Economy jobs? Well, the promise was just another deception from the elites who have stolen Americans’ future.

For the umpteenth consecutive month and year, the June BLS payroll jobs report (released on July 5) shows that the US economy has created no such jobs. The same old tired categories account for the same old lowly paid new domestic service jobs.

Continue reading “Paul Craig Roberts: US Jobs Report Half Truth (New Crummy Jobs) Half Lies (Those Not Counted)”

2013/06/302013/06/30

SchwartzReport: Focus on Bees and Accountability

01 Agriculture, 03 Economy, 07 Health, 11 Society

This is the latest on the collapse of the bees. The loss of these little beings is beginning to impact humanity, as this report shows. Part of the problem may be a particular mite. But as I read the literature the overwhelming cause is pesticides and herbicides.

Yet still the Obama Administration, its Department of Agriculture, the EPA, even the State Department, are supporting and protecting Monsanto, Dow, and the four other companies who produce and promote these poisons, in their quest for profit. If this continues, in my view, within the next decade we are going to have a world food crisis.

Where's the Buzz? N.J. Crops Affected by Decline in Honey bee Population
REBECCA FORAND – South Jersey Times

Here is yet a different facet of the great geopolitical trend that is changing our world; in this case the rise of what amounts to a new global hereditary elite. What continues to amaze me is how passive populations around the world have been about this.

Let me also note the references to Chris Hayes and Rachel Maddow, who I think are the best socially progressive intellects on cable television. They actually understand what data is, and how to interpret it. In the media today this is almost as rare as a white crow.

How Inbred Elites Are Tearing America Apart
DAVID DALEY – AlterNet (U.S.)