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+10 +4
Un oeuf is enough! Mad farmers smash eggs in France
A group of protesting French farmers have finally cracked, it seems. After becoming fed-up at low prices the farmers have taken matters into their own hands by smashing thousands of eggs of French roads, and say more will bite the dust.
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+8 +4
Can China clean up fast enough?
“HELL is a city much like London—a populous and a smoky city,” wrote Percy Bysshe Shelley in 1819. It is a description that would suit many Chinese cities today for, like Britain in the early 19th century, China is going through an industrial-powered growth spurt.
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+10 +3
10 Things That Could Go Horribly Wrong In China
The world has watched in awe for three decades as China emerged from obscurity to become the second largest economy in the world. However, an economy that is so large and growing so quickly is inherently fragile.
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+13 +5
The Great Debate: Do Millennials Really Want Cars, Or Not?
Why are young people less likely to purchase cars, or even have driver's licenses nowadays? One theory has it that the generation that came of age with the Internet and smartphones thinks cars are pretty lame.
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+10 +2
The Rise Of The Renting And Sharing Economy Could Have Catastrophic Ripple Effects
"Rent" is becoming the new "own" in the American economy, but strategists at ConvergEx Group warn this trend could have "catastrophic" ripple effects.
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+10 +3
US misprinted 30 mln new $100 bills.
The US is approaching the release date of its new $100 bills, but the Bureau of Engraving and Printing is facing an embarrassing problem: 30 million bills were incorrectly printed, and fixing them will cost taxpayers an estimated $3.79 million.
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+9 +2
Mathematical Formula, Not Test Drives, Guide MPG Ratings.
Consumer Reports investigates how U.S. fuel economy numbers are arrived at and found most of the time carmakers rely on an unpublished mathematical formula.
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+11 +1
The U.S. has a $7.25 minimum wage. Australia’s is $16.88
Minimum wage advocates love to point to Australia’s $16.88 an hour minimum as evidence that a very high wage floor needn’t stifle a country’s growth. After all, Australia hasn’t had a recession in 20 years. But Australia is hardly an outlier. Most developed countries have a higher minimum wage than we do
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+11 +4
South African gold miners on strike
Some 80,000 gold miners in South Africa have gone on a strike to call for higher pay, but their union has significantly scaled down its demands.
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+14 +3
The Number Of Chinese Billionaires Passes 300
The number of dollar billionaires in China has passed 300 for the first time, an annual ranking of wealth in the world's second-largest economy showed Wednesday.
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+9 +2
A House Is a Home—Not an Investment
It could be the most important lesson from the Great Recession.
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-1 +1
Awesome Interactive Map Shows 'The Financial States Of America' With Tons Of Economic Data
We spotted this interactive map from MoneyChoice.org, which shows a ton of economic data in an easily understood and very cool way. You can check out how your state ranks and the data behind the rankings on anything from GDP, household income, tax burden, etc. This would certainly come in handy if you might want to move to an area with a better outlook.
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+6 +2
Could the 'Internet of Things' Really Save the U.S. Economy?
I know the coffee's ready because the light in the Quartz kitchen is purple, not pink. The light knows the coffee is ready is because there are sensors - heat and pressure - taped to the coffee maker. This is the internet of things. It will save us all from economic ruin.
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+13 +4
Nigeria's property boom: only for the brave
On one of the most exclusive streets in Nigeria's capital sits a crumbling mansion with an unwelcoming message painted at its entrance: "BEWARE! THIS HOUSE IS NOT FOR SALE".
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+9 +2
How the Internet is killing innovation
I believed the same lies that you still believe, for a long time. I was in college during the early days of the World Wide Web, and like others, I rejoiced in the incredible access to knowledge it provided, and diversity of thought it promoted. So when I first read in 2008 about how the Internet had a negative impact by narrowing modern scholarship, I didn’t believe it. The Internet was great, and was making us more productive, more creative, and more innovative. That’s what we were promised.
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+10 +3
Study finds that better Internet access drives economic growth
Basic broadband can add £200 a month to household income in developed economies, researchers have found, because better internet access improves learning and working from home. Increasing download speeds from a weak 0.5 megabits per second to a basic 4Mbps – enough to reliably stream video – makes a statistically significant difference to a family’s earnings, a study by telecoms equipment firm Ericsson has found.
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+7 +2
Economic crisis 'linked to suicides'
The recent economic crisis could be to blame for an increase in suicide rates in Europe and America, say experts.
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+5 +3
Libya - Must it get worse before it gets better?
The country is going through its roughest patch since Muammar Qaddafi’s downfall two years ago
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+14 +2
The Market Failure of First Dates
After the pleasantries are exchanged and the drinks are ordered, after the conversation moves from jobs to tastes in music to viral YouTube videos, after the awkward fumbling for the check, the walk to the curb, the stilted hug-turned-air-kiss-turned-forehead bump, after the goodbyes - every first date leaves one nagging question: Will you ever hear from them again?
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+10 +2
Quiz: How well do you know China's economy?
Many Americans think of China as the factory floor of the world. But in recent years, China's growth has been dominated by investment and consumption. The Asian nation is now slowing down and attempting to re-balance toward a more sustainable path.
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