August 6, 2014
Chait gets it
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Hard hitting global and local news
Hard hitting global and local news
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See more here: Household Demographics 2003 vs. 2013: Spotlight on Age of Head of Household
Moscow May Force European Airlines to Fly Around Russia . Russian Prime Minister Dmitry Medvedev threatened on Tuesday to retaliate for the grounding of a subsidiary of national airline Aeroflot because of EU sanctions, with one newspaper reporting that European flights to Asia over Siberia could be banned. Low-cost carrier Dobrolyot, operated by Aeroflot, suspended all flights last week after its airline leasing agreement was cancelled under European Union sanctions because it flies to Crimea, a region Russia annexed from Ukraine in March
China Services PMI Lowest Since 2005 as Housing Slumps; Manufacturing Expands An interesting divergence is underway in China with manufacturing in expansion while the service sector is at the lowest reading since November 2005 according to HSBC China Composite PMI HSBC China Composite PMI™ data (which covers both manufacturing and services) signalled a third consecutive monthly expansion of Chinese business activity in July. That said, the rate of increase eased from June‟s 15-month high and was moderate overall.
In an attempt to avoid Russian radar and a Russian fighter jet, a US Official Admits Spy Plane Flees Russian Jet, Radar; Ends Up Over Sweden .
As a result, Florida’s largest health insurer, Florida Blue, is raising exchange rates an average of 17.6 percent . Florida Blue, the state’s largest health insurer, is increasing premiums by an average of 17.6 percent for its Affordable Care Act exchange plans next year, company officials say. The nonprofit Blue Cross and Blue Shield affiliate blames higher health costs that are a result of attracting older adults this year who previously lacked coverage and are using more services than expected.
Employment Perspective in Pictures: Only 25% of Decline in Fulltime Employment Attributable to Aging Workforce Posted by Michael Shedlock at 2:04 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.
Taken from: Driverless Cars on UK Public Streets Starting January; Transforming Personal Mobility; Taxi and Truck-Drivers Targeted
More here: Political Greenwashing: US Exports Coal Pollution to Europe; What About China?