Links 1/10/2024 | naked capitalism
50 Fantastic ‘Cat Memes’ To Help You Get Through Hard Times Bored Panda (furzy) South Korea passes law to ban dog meat Anadolu Agency Peregrine moon lander carrying human remains doomed after ‘critical loss’ of propellant Live Science (furzy). Those Native Americans have some serious mojo! Recall they fiercely opposed the moon burial as desecration. […]
Market Talk – January 9, 2024
ASIA: China’s central bank is signaling a commitment to maintaining loose monetary policy by reducing the required reserves for banks. Zou Lan, head of the People’s Bank of China’s monetary policy department, stated in an interview that the central bank will use various tools, including adjusting reserve requirements, to provide strong support for […]
Xi Jinping risks setting off another trade war
China’s leaders are obsessed with lithium-ion batteries, electric cars and solar panels. These sorts of technologies will, Xi Jinping has proclaimed, become “pillars of the economy”. His government is spending big to ensure this happens—so, in the years to come, his ambitions will be felt across the world. A manufacturing export boom could very well […]
22 States Raised the Minimum Wage: What Does This Mean for Low-Skilled Workers?
On January 1st, 22 states and 38 cities and counties raised their minimum wages, sparking some celebration for 10 million workers who get a pay hike, and many doubts for the rest. While this is perhaps a well-intentioned policy, intentions don’t indicate a policy’s effectiveness. Many economists argue that this decision will disadvantage the people […]
