Physical inactivity ‘kills millions a year’

A third of the world’s adults are physically inactive, and the couch potato lifestyle kills about five million people every year, experts said in the medical journal The Lancet on Wednesday.

“Roughly three of every 10 individuals aged 15 years or older — about 1.5 billion people — do not reach present physical activity recommendations,” they said in a report that described the problem as a “pandemic.”

The picture for adolescents [...]

Fitch downgrades Japan, adds economic outlook negative:

Fitch just downgraded Japan according to Bloomberg’s Linda Yueh.

The countrys’ rating is now A+ and the outlook is negative.

We should note right off the bat that while Japan has been downgraded several times, it’s never made a difference in anything, least of all interest rates, which just keep heading lower.

Here’s the full text

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Fitch Ratings-Hong Kong-22 May 2012: Fitch Ratings has downgraded Japan’s Long-Term Foreign and Local Currency Issuer Default Ratings [...]

America’s Lost Generation: U.S. teens worst in western world for binge-drinking, drugs and violent deaths (but surprisingly they do the most exercise)

Youngsters ‘more at risk from binge drinking, drug taking and STDs than ever before’
Lancet report identifies new risks including cyber-bullying and ‘sexting’

Problem: Britain has the third highest proportion of sexually active teens and some the worst levels of underage drinkingAmerican teenagers have the highest rates of drug and alcohol abuse in the developed world. And they are far more likely to be killed by violence than peers in Europe.

This lost [...]

Think you’re all grown up? Remarkable new research suggests young people don’t become true adults until they’re 24

Researchers describe how the brain is not fully developed until the age of 24
Britain among the worst high-income countries for adolescent health behaviour

Getting plastered every Saturday night before heading back to a respectable office job on Monday morning has become the norm for a lot of young adults in Britain.

Now scientists have discovered a possible reason for such childish behaviour – people don’t become true adults until they’re 24.

Scientists believed adolescence [...]

Prepare for a new era of oil shocks: The world will be vulnerable to high prices so long as supply remains stagnant, demand buoyant and unrest likely

From FT:

Oil prices are up. Barack Obama is to blame. Drilling in the US is the solution. This is the mantra from the president’s opponents. All presidents tend to get the blame for high fuel prices. But with the price of gasoline nearing $4 a gallon, Mr Obama is getting it by the barrel load.

This may be good politics. But it is absurd. Oil, unlike natural gas, is a globally [...]

OBAMACARE FAILURE: Number of Uninsured (and Untreated) Grows

Noel Brinkerhoff
All Gov
November 15, 2011

Americans are continuing to lose health insurance coverage and to struggle paying for serious medical conditions, according to two separate surveys.

A Gallup poll found the proportion of adults with no health insurance has been above 17% for the last six months. The rate in the third quarter of 2008 was 14.4%.
One positive impact from President Barack Obama’s health care reform is that the uninsured rate for [...]

Last week, leaks revealed that the US and Europe will pressure the UN to limit developing countries’ rights to manufacture generic drugs that fight life-threatening diseases…

A plan to create ‘cancer prizes’ would eliminate patent monopolies for cancer drugs, and instead grant prizes to innovators who create new medicines [EPA]

On September 19, the United Nations will convene a high-level meeting to consider the “international aspect of public health” for non-communicable diseases (NCDs), with a particular focus on the social and economic impacts for developing countries.

The UN has been [...]

Merk Commentary: Budget Battles Ahead

William Poole, Senior Economic Adviser, Merk Investments

January 11, 2011

I began writing this note on New Year’s Day; the holiday season is over all too early for me as I contemplate the coming year. Along with other investors, I have many worries, but at the top of my list is the budget battle that will be fought in Washington, every state capital and most capitals of [...]

WORLD BANK SEES ‘DOUBLE-DIP’ RECESSION FOR PARTS OF EUROPE June 10, 2010

—A double-dip recession is possible in several European countries if investors lose faith in efforts to control debt, the World Bank said on Thursday.—

Government finances in high-income countries in Europe, France, the US and the UK are currently on an “unsustainable path,” said Andrew Burns, the World Bank’s manager of global macroeconomics.

“We’re expecting that growth in the second quarter is also likely to be disappointing, quite possibly seeing negative growth [...]