Suddenly, due to improved drilling techniques, the U.S. is overflowing with natural gas, driving down domestic prices. But foreign prices remain high, which means there is an opportunity for us to export natural gas. Unfortunately, the infrastructure does not currently exist. To transport natural gas across the ocean, you have to liquefy it first. We have the facilities to import liquefied natural gas, but not to liquefy it ourselves and export. In order to start exporting, we need to build the appropriate facilities, which requires regulatory approval from the Energy Department.Read more »
Bitcoin allows Iranians to store their wealth digitally where the currency police can’t seize it, and most importantly it allows them, at the individual level, to skirt US sanctions and maintain an economic connection to the outside world. When US sanction against Iraq killed an estimated 1 million innocent civilians in the 90s it’s easy to see how important that is.
French economist Frederic Bastiat once said, “If goods don t cross borders, armies will.” I suggest that when States can no longer prevent goods from crossing borders, armies won’t.Read more »
The plot for Matt Damon's film, "Promised Land" had to be completely rewritten, to nearly comical proportions, because research showed that the fracking claims that were the basis of the story showed to be invalid.Read more »
Walmart's New Health Care Policy Shifts Burden To Medicaid, Obamacare: Walmart, the nation’s largest private employer, plans to begin denying health insurance to newly hired employees who work fewer than 30 hours a week, according to a copy of the company’s policy obtained by The Huffington Post. Under the policy, slated to take effect in January, Walmart also reserves the right to eliminate health care coverage for certain workers if their average workweek dips below 30 hours -- something that happens with regularity and at the direction of company managers.Read more »
Rockefeller and other critics of the industry say that cruise lines that are headquartered in the United States but have their ships registered elsewhere are getting a free ride on the backs of U.S. taxpayers, placing demands on federal agencies such as Immigration, Customs and the Coast Guard, which are charged with oversight when those ships enter and leave U.S. ports.
"They don't reimburse the Coast Guard, they don't pay taxes that will help with these 20 federal agencies that are watching over them in various ways and whose services they use, or might use," Rockefeller told CNN
headlines have been quick to blame unions for the downfall of the company there’s actually more to the story: While the company was filing for bankruptcy, for the second time, earlier this year, it actually tripled its CEO’s pay, and increased other executives’ compensation by as much as 80 percent.Read more »
"The U.S. International Trade Commission agreed in a unanimous vote today that Chinese solar manufacturers have benefited from illegal subsidies from its government and sold products at less than fair value, the final decision in more than a year-long trade tussle."Read more »
The representative of the investor group said Jamaica would not only be addressed MGK investments, but also other countries. '' As no conditions we asked, they take the capital to other countries. "Read more »
The top United Nations investigator on Palestinian human rights is calling for a boycott of all companies linked to settlements in the occupied West Bank. Richard Falk, the special rapporteur on human rights in the Palestinian territories, said firms including Hewlett-Packard, Motorola, Volvo and Caterpillar are complicit in the Israeli occupation.Read more »
The Honduras Supreme Court has struck down a proposal for a number of so-called private cities with their own tax and justice systems. Wealthy landowners had pushed the plan, drawing opposition from human rights groups. But Honduran justices ruled the establishment of private jurisdictions outside of Honduran law would violate the constitution.Read more »
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