By RACHEL DONADIO8 January 2012 CHIOS, Greece – Nikos Gavalas and Alexandra Tricha, both 31 and trained as agriculturalists, were frustrated working on poorly paying, short-term contracts in Athens, where jobs are scarce and the cost of living is high. So last year, they decided to start a new project: growing edible snails for export. […]
By Jon Hilkevitch2 January 2012 The tally on Chicago’s rutted streets and alleys is in, and it’s a record: Crews filled more than 600,000 potholes in 2011, or about 25 percent more than in 2010, according to the Chicago Department of Transportation. In a city notorious for aging asphalt and unpredictable winters, 2012 threatens to […]
Contact: Dr Michael Taylor, m.taylor@landcoalition.org, Programme Manager, Global Policy and Africa International Land Coalition Secretariat at IFAD, Tel: +39 065459 2267 The most comprehensive study of large land acquisitions in developing countries to date — published online on 14 December by the International Land Coalition (ILC) — has found more evidence of harm than benefits. […]
[Is the Chinese real estate bubble bursting?] By Gus Lubin6 December 2011 Home prices in China most notorious “ghost city,” a city called Kangbashi constructed outside Ordos, have fallen from $1,100 per square foot in 2006 to $470 per square, according to the Hong Kong Standard. In the past few months alone prices have plunged […]
By Rana Foroohar 26 September 2011 It’s official: There are now more poor people in America than at any other time in the 52 years records have been kept. We knew that the 2010 poverty numbers, released by the Census Bureau on Sept. 13, weren’t going to be good. They turned out to be, in […]
By Chris HedgesPosted on 14 September 2010 by rockingjude The United States, locked in the kind of twilight disconnect that grips dying empires, is a country entranced by illusions. It spends its emotional and intellectual energy on the trivial and the absurd. It is captivated by the hollow stagecraft of celebrity culture as the walls […]
By Betsy Blaney, The Associated Press17 December 2011 LUBBOCK, Texas – The worst drought in Texas’ history has led to the largest-ever one-year decline in the leading cattle-state’s cow herd, raising the likelihood of increased beef prices as the number of animals decline and demand remains strong. Since Jan. 1, the number of cows in […]
The economy’s bust, the climate’s on the brink and even the arts are full of gloom. Has there ever been an era so bleak? By Andy Beckettm www.guardian.co.uk 18 December 2011 It is a crisp bright winter morning, but in a windowless basement gallery at Tate Britain, minutes after opening time, there is already quite […]
(The Economist) – The clock is ticking. Every second, it seems, someone in the world takes on more debt. The idea of a debt clock for an individual nation is familiar to anyone who has been to Times Square in New York, where the American public shortfall is revealed. Our clock shows the global figure […]
[Longtime readers will recognize this as another artifact of China’s development bubble, which has produced ghost cities and dead malls.] By David Gray, Reuters 14 December 2011 Along the road to one of China’s most famous tourist landmarks – the Great Wall of China – sits what could potentially have been another such tourist destination, […]
