August 12, 2013
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How Fast Can China Grow? Not as Fast as Most Analysts Think
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On opposing the National Rifle Association : What Bloomberg has embarked upon now is nothing less than the construction of a mirror image to the NRA.
France 24’s report " Is Qatar fuelling the crisis in north Mali? " provides a useful vignette of Saudi-Qatari terror sponsorship, stating: “The MNLA [secular Tuareg separatists], al Qaeda-linked Ansar Dine and MUJAO [movement for unity and Jihad in West Africa] have all received cash from Doha.â€A month later Sadou Diallo, the mayor of the north Malian city of Gao [which had fallen to the Islamists] told RTL radio: “The French government knows perfectly well who is supporting these terrorists. Qatar, for example, continues to send so-called aid and food every day to the airports of Gao and Timbuktu.†The report also stated: “Qatar has an established a network of institutions it funds in Mali, including madrassas, schools and charities that it has been funding from the 1980s,†he wrote, adding that Qatar would be expecting a return on this investment.“Mali has huge oil and gas potential and it needs help developing its infrastructure,†he said
"Shocking" Contraction The GDP report was a shocker, coming in at an annual rate of negative 0.1%.
MIT Technology Review discusses Baxter in Small Factories Give Baxter the Robot a Cautious Once-Over . Chris Budnick, head of Vanguard Plastics, a small injection-molding operation in Southington, Connecticut is considering the use of Baxter for one process that is not yet automated: stacking and packing textured, plastic cups, which Vanguard sells for 2 cents apiece to a medical company.
Read More: Pettis: Nine Things to Watch in 2013; Unwarranted Outbreak of Optimism in China and Europe; The Great Rebalancing
It was Dr. Monnett in the Email, Leaking to Rick Steiner and PEER Recently, a Shell drilling vessel, the Kulluk, broke free from it’s towing lines in a storm and ran aground. Personnel on the platform had to be rescued by the Coast Guard and there is now a major effort to refloat the Kulluk and ensure there is no secondary damage from oil leaks and such. Neven (who else) has a good summary of the situation and can be relied on to update as sensible.
View article: "Saturation Point" for QE Nonsense; Fiscal Cliff Comparisons