Hard hitting global and local news
Hard hitting global and local news
See original article: Weekend Humor: Safety First – Image of a German, a Greek, and the IMF Designing a Rescue
The Illinois Policy Institute reports Manufacturer Moves Out of Madigan’s Backyard, Cites Unfriendly Business Climate . Illinois’ manufacturing meltdown is showing no signs of stopping. Hoist Liftruck, a manufacturer of industrial forklifts, has announced plans to move more than 300 manufacturing jobs from Bedford Park, Illinois, to East Chicago, Indiana
MarketWatch reports Productivity Dry Spell Looks Worse in Latest Report The dry spell of productivity in this economic expansion is even worse than previously thought, according to new data released Tuesday. The average annual rate of productivity growth from 2007 to 2014 was revised down to 1.3% per year from the prior estimate of 1.4%, the Labor Department said Tuesday. This is well below the long-term rate of 2.2% per year from 1947 to 2014
In sunny Spain, Solar Energy Storage is Worse Than Nuclear Spillage Storing solar energy in a battery in Spain is more criminal than spilling radioactive waste. That’s the implied message written between the lines of a recently drafted law poised for fast-track approval by the government of Spain
More: Germany Isolated as Greece Near €86 Billion Deal With Creditors; Ambitious Yes, Feasible No
Buchanan continues to hit them out of the park. Here is his latest: Obama v. Bibi — Fight to the Finish In his desperation to sink the Iran nuclear deal, Bibi Netanyahu is taking a hellish gamble
The Plunge in Bank Shares Drag Down Broader Market . Greek bank shares sold off sharply for the third day in a row on Wednesday with buyers yet to emerge on a scale large enough to counter continued dumping of the stocks
See the article here: Capital Controls Destroy Greek Small Businesses; Bank Shares Plunge Again; Record Contraction
Read More: Bad Deal Math: I have a Product, But Please Don’t Buy It