20 November 2012 (politizane) – Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual numbers. The reality is often not what we think it is. Wealth Inequality in America Technorati Tags: North America,poverty,financial collapse,corruption
By Peter Hannam, Carbon economy editor18 February 2013 (Sydney Morning Herald) – Australia has been re-rated on international reinsurance markets after another summer of flooding and extreme weather raised the country’s peril profile, said Insurance Council of Australia chief executive Rob Whelan. As a result of the re-rating, Australian insurers have to pay more for […]
By Simon Tisdall17 February 2013 (guardian.co.uk) – When super-typhoon Bopha struck without warning before dawn, flattening the walls of their home, Maria Amparo Jenobiagon, her two daughters and her grandchildren ran for their lives. The storm on 4 December was the worst ever to hit the southern Philippines: torrential rain turned New Bataan’s river into […]
By Peter Hannam, carbon economy editor17 February 2013 (Sydney Morning Herald) – Thousands of Australians are facing soaring insurance premiums for flood cover, forcing many to ditch protection even as the risk of extreme weather increases. Insurers blame the increases on the spate of flooding across much of eastern Australia in recent years – with […]
By JESS BIDGOOD15 February 2013 GLOUCESTER, Massachusetts (The New York Times) – B. G. Brown, a second-generation fisherman who chases cod and haddock from this port city, spent a recent morning rigging up his 31-foot commercial vessel to be manned alone. He had just lost his only crew member to the more lucrative lobster fishery, […]
By Chad Brooks, BusinessNewsDaily Contributor 8 February 2013 (LiveScience.com) – Despite signs of an economic recovery, the Great Recession’s scope and impact was so widespread and corrosive that it has left millions of Americans permanently damaged financially, a new study finds. The research from the John J. Heldrich Center for Workforce Development at Rutgers University […]
By Tim Wall4 February 2013 (Discovery News) – Don’t let the drought in the U.S. fool you, intense rainfall around the world has been causing deadly floods in the past few years. Several have died in the current flooding in Queensland, Australia. In July 2012, the heaviest rain in decades left 37 dead in Beijing, […]
By David Ariosto, CNN31 January 2013 (CNN) – An old wooden carving known as “the Sacred Cod” hangs in the Massachusetts State House. That figurine has stared down at lawmakers for more than two centuries as a reminder of how important cod fishing has been to New England, where generations have made a living by […]
By Renuka Rayasam17 January 2013 (Der Spiegel) – With snow blanketing the ground, it’s the perfect time of year to snuggle up in front of a fireplace. That, though, makes German foresters nervous. When the mercury falls, the theft of wood in the country’s woodlands goes up as people turn to cheaper ways to heat […]
By Nouriel Roubini 14 January 2013 Financial conditions in the eurozone have significantly improved since the summer, when eurozone risks peaked because of German policymakers’ open consideration of a Greek exit, and the sovereign spreads of Italy and Spain reached new heights. The day before European Central Bank President Mario Draghi’s famous speech in London […]
