By Suzanne Ciechalski 15 September 2019 (NBC News) – A helicopter pilot volunteering in the Bahamas in the aftermath of Hurricane Dorian was shocked to discover this week that an area full of debris from the storm was inhabited by up to 40 people. Justin Johnson, who owns Timberview Helicopters in Destin, Florida, with his […]
By Niv Elis 12 September 2019 (The Hill) – The U.S. government deficit surpassed $1 trillion in the first 11 months of the current fiscal year, over $100 billion more than the same period last year, according to official Treasury figures released Thursday. Last week, data from the Congressional Budget Office (CBO) found that the […]
By Jeff Cox 9 September 2019 (CNBC) – Total potential debt for the U.S. by one all-encompassing measure is running close to 2,000% of GDP, according to an analysis that suggests danger but also cautions against reading too much into the level. AB Bernstein came up with the calculation — 1,832 percent, to be exact […]
By Nick Brown 6 September 2019 MARSH HARBOUR, Bahamas (Reuters) – The smell of death hangs over parts of Great Abaco Island in the northern Bahamas, where relief workers on Friday sifted through the debris of shattered homes and buildings in a search expected to dramatically drive up the death toll from Hurricane Dorian. Dorian, […]
14 August 2019 (University of Exeter) – Too much inequality in society can result in a damaging lack of support for public goods and services, which could disadvantage the rich as well as the poor, according to new research from the University of Exeter Business School, the Institute of Science and Technology Austria (IST Austria) […]
By Jake Halpern 21 August 2019 (The New York Times Magazine) – Adrian Paisley spends his days hunting for scrap metal: aluminum, brass and (holy of holies) copper. At 42, Paisley, who weighs just 135 pounds, is wiry and muscular. I once saw him move an old refrigerator by himself, hurling it onto his pickup […]
By AnnaMaria Andriotis, Ken Brown, and Shane Shifflett 2 August 2019 (The Wall Street Journal) – The American middle class is falling deeper into debt to maintain a middle-class lifestyle. Cars, college, houses and medical care have become steadily more costly, but incomes have been largely stagnant for two decades, despite a recent uptick. Filling […]
MAHARASHTRA, 27 July 2019 (Al Jazeera) – This year, large parts of India have seen the worst drought in decades. The monsoon, which usually provides some relief, was weeks late and when it finally arrived, it was once again deficient, with less rainfall than expected. Despite India’s economic growth in recent years, it remains one […]
By Karim Raslan 21 July 2019 (The Star) – Nearly four years ago, the south Indian city of Chennai (capital of Tamil Nadu) was under water. The worst floods in living history – the result of cyclones from the Bay of Bengal – had reduced this manufacturing and services powerhouse of eleven million to a […]
15 July 2019 (UN News) – After nearly a decade of progress, the number of people who suffer from hunger has slowly increased over the past three years, with about one in every nine people globally suffering from hunger today, the United Nations said in a new report released on Monday. This fact underscores “the […]
