Economy
Four dead in Bangladesh riot over offensive Facebook post (Sparky1)
Police said they had no plans to apply deadly force as the protest was calm at first, but some in the crowd became violent and started to throw stones and bricks at officers.
“There was some construction work going on nearby, so there were a lot of bricks. They were throwing the bricks at us. We locked ourselves in a room (in a nearby compound),” Ehsanullah said.
Civil Unrest Is Erupting All Over The World, But Just Wait Until America Joins The Party (CleanEnergyFan)
When people lose hope that things are ever going to get any better, they tend to take to the streets.
Unfortunately, corruption appears to be a way of life over in Lebanon at this point, and there seems to be little hope of major reforms any time soon.
Lebanon’s Hariri agrees to reforms amid nationwide protests over economic crisis (TS)
Hariri, who is leading a coalition government mired by sectarian and political rivalries, gave his feuding government partners a 72-hour deadline on Friday to agree reforms that could ward off crisis, hinting he may otherwise resign.
Hariri accused his rivals of obstructing his reform measures that could unlock $11 billion in Western donor pledges and help avert economic collapse.
Boris Johnson faces frenzied week as Brexit deadline nears (TS)
British Foreign Secretary Dominic Raab told the BBC he believes Johnson has enough support to get his deal through Parliament, but added the government would keep talking with its Northern Ireland ally, the Democratic Unionist Party, to persuade it to back the deal.
So far, the party, which holds 10 seats in Parliament, has refused to support Johnson’s agreement because it treats Northern Ireland differently than other parts of the U.K.
Unprecedented: The Trump NLRB’s attack on workers’ rights (edelinski)
After decades of decline in the share of workers represented by a union, the American economy is now marked by extreme inequality—the highest ever in U.S. history, according to new Census Bureau data. Chief executive officer (CEO) compensation has grown 940% since 1978, while typical worker compensation has risen only 12% during that time.
The ‘Glass Floor’ Is Keeping America’s Richest Idiots At The Top (tmn)
Over the last 20 years, selective universities have become just as dominated by the wealthy as the elite colleges — while receiving a fraction of the attention. Notre Dame, the University of North Carolina and the University of Southern California, for example, admit higher percentages of legacy students than Princeton. Thirty-eight colleges — including upper-crust mainstays Colgate and Tufts — admit more students from the top 1% than from the bottom 60%. At Washington University in St. Louis, the worst offender, the ratio is 3-to-1.
Ronald Wright: Can We Still Dodge the Progress Trap? (Belmontl)
The archaeologists who dig us up will need to wear hazmat suits. Humankind will leave a telltale layer in the fossil record composed of everything we produce, from mounds of chicken bones, wet-wipes, tires, mattresses and other household waste, to metals, concrete, plastics, industrial chemicals, and the nuclear residue of power plants and weaponry. We are cheating our children, handing them tawdry luxuries and addictive gadgets while we take away what’s left of the wealth, wonder, and possibility of the pristine Earth.
Schumer calls for federal probe of contaminated baby food (Sparky1)
Sen. Chuck Schumer says Sunday the FDA must take more action to regulate the baby food industry. A study by Healthy Babies Bright Futures found the presence of heavy metals in 95% of the 168 baby foods that were tested.
The study found 95% of the food tested contained lead, arsenic, mercury or cadmium. It found one in four baby foods that were tested contained all four metals.
“There is no moral, ethical, or legal reason to have the police locator button on the app,” the sheriffs’ association wrote in 2015. “We are concerned that terrorists, organized crime groups, and gangs will find this a valuable tool to further their illegal activities.”
Google has always responded by saying that drivers slow down and strictly obey the law when they know that law enforcement is nearby.
JPMorgan wants to hire people with criminal backgrounds (Sparky1)
The United States loses between $78 billion and $87 billion in annual GDP by excluding people who have a criminal record from the workforce, according to the bank. Studies also show that providing education and opportunities also reduces recidivism.
Regulators slam PG&E CEO for claiming California blackouts could continue for another decade (Sparky1)
Southern California utility company Edison said it too may shut off power to thousands as winds pick up this weekend. The power was on when last week’s deadly Saddle Ridge Fire broke out. Investigators are trying to determine if a live wire may have been the cause.
I’ve seen California’s future, and it’s dark (jdargis)
“They’re turning off the power in Oakland!” I exclaimed. Basically if you lived between Oakland and the Sierra Foothills, minus Sacramento, there was a good chance your power was going out. “How long are they doing it for?”
Erika said she wasn’t sure, but she’d heard it could be for four or five days. She said she was sorry to be the bearer of bad news, but it sounded like I needed to get my shit together.
Gold & Silver
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