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from FT: With last week’s release of the president’s budget, Washington has once again descended into partisan squabbling. In the US today, there is pervasive concern about the basic functioning of democracy. Congress is viewed less favourably than ever before in the history of opinion polling. There is widespread revulsion at political figures seemingly unable to reach agreement on measures to reduce future budget deficits. Pundits and politicians alike condemn “gridlock”. [...] By Ian Johnston, msnbc.com The amount of plastic trash in the “Great Pacific Garbage Patch” has increased 100-fold during the past 40 years, causing “profound” changes to the marine environment, according to a new study. Scientists from Scripps Institution of Oceanography in San Diego found that insects called “sea skaters” or “water striders” were using the trash as a place to lay their eggs in greater numbers than before. The scientists also pointed to a [...] http://www.manufacturingnews.com/news/10/0126/outsourcing.html “…Many low-labor-cost countries are bypassing the “commodity” outsourcing services such as call centers. They have pools of highly trained professionals who can provide services in design, innovation, knowledge processes, finance and accounting, marketing and sales, human resource management and procurement. Legal services offshoring (LSO) is the next big thing, due to high margins and economic pressures on law [...] http://www.manufacturingnews.com/news/10/0126/outsourcing.html “…Legal services offshoring (LSO) is the next big thing, due to high margins and economic pressures on law firms. There have been “profound changes in companies’ perceptions of the legal industry, once regarded as a sensitive and privileged activity that needed to be kept in-house,” says the study. “The attractive economic benefit of LSO may explain the [...] Courtesy of GoldCore Chinese Silver Demand Surges Incredible Four Fold in Just One Year Gold is flat and silver marginally lower despite dollar weakness this morning. Some market participants are blaming the precious metal sell off on speculation that China may take more monetary action to curb surging inflation. This is unlikely to be the reason for the sharp selloff, rather it looks like another paper driven [...] |
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