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This Graphic Explains Monday’s Stock Market Crash

         

How a slowdown in China can take money out of your pocket

time.com - by Alex Fitzpatrick and Heather Jones - August 24, 2015

The Dow Jones Industrial Average plummeted more than 1,000 points Monday morning, taking millions of Americans’ 401(k) plans down with it. While stocks regained some of their lost ground by Monday afternoon, continued uncertainty over factors as far-ranging as China’s economy to global commodity prices could continue to wreak havoc on the markets for the rest of the week and beyond.

How can an economic slowdown in China take money out of your pocket? Check out the TIME infographic (in the link) below to learn more:

(CLICK HERE - TIME infographic)

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Euro zone economy sputters as China risks loom

reuters.com - August 14th 2015 - Paul Carrel

Germany enjoyed robust if unspectacular growth in the second quarter while the French economy stagnated, leaving policymakers looking at a fragile euro zone recovery and risks from volatile Chinese markets.

The German economy, Europe's largest, grew by 0.4 percent on the quarter -- a slight acceleration from 0.3 percent in the first three months of the year but below expectations for a 0.5 percent expansion as weak investment acted as a drag.

In France, a jump in exports was not strong enough to offset the impact of weak consumer spending and changes in inventories and growth came to a standstill after a strong first quarter.

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Stock Market Plunge Wipes Out This Year’s Gains

            

washingtonpost.com - by Thad Moore and Drew Harwell - August 21, 2015

A worldwide sell-off pushed U.S. stocks to their worst week since 2011 as spooked investors scattered amid worries of an economic slowdown in China and the potential for higher interest rates at home.

The Dow Jones industrial average capped a four-day losing streak by dropping more than 500 points to close at 16,459.75, sinking 10 percent from its May peak and following even steeper market declines in Asia and Europe.

The rout will further rattle workers whose 401(k) retirement accounts have taken a troubling hit. Investors have lost billions in recent weeks and are flocking to safety-net Treasury bonds as they wait for the bleeding to stop.

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(ALSO SEE RELATED ARTICLE HERE)

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South Sudan: More Will Die from Cholera Unless We Secure Clean Water

           

South Sudanese patients wait for medical treatment in the outpatient department of a medical camp.
Photograph: AFP/Getty Images

Oxfam’s water and sanitation coordinator writes about the challenges of bringing South Sudan’s cholera outbreak under control

theguardian.com - by Katrice King - August 6, 2015

“I have no money to continue buying water. I will have to beg from those at the borehole or from the water trucks. Or else, I go back to the village,” a mother of five told me recently. . . .

. . . This is the agonising reality of families I have met in parts of Juba; they are struggling to cope with a worsening water crisis fuelled by the deteriorating economic situation in South Sudan. As a result, the city is now left exposed to the spread of deadly diseases.

Cholera has already claimed 42 lives since May – including seven children – and has infected more than 1,400 people. . . .

. . . If the water shortages continue, hygiene conditions in the most affected areas will worsen and people will have no alternative but to use unprotected sources such as rivers and open wells, exposing more people to cholera.

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WHITE HOUSE FACT SHEET: The Global Health Security Agenda

The U.S. Government announces it intends to invest more than $1 billion in resources to expand the Global Health Security Agenda to prevent, detect, and respond to future infectious disease outbreaks overseas.

THE WHITE HOUSE PRESS OFFICE                       July 28, 2015

The Ebola epidemic in West Africa continues to galvanize global attention and resources as the international community strives to eliminate active cases and help the affected countries recover.  African leaders and African Union officials have shown extraordinary leadership in addressing the outbreak. The epidemic highlighted the urgent need to establish global capacity to prevent, detect, and respond to biological threats – to prevent future outbreaks from becoming epidemics. 

Beginning with the release of the National Strategy for Countering Biological Threats in 2009, and outlined in his 2011 speech at the United Nations General Assembly, President Obama has called upon all countries to come together to prevent, detect, and respond to infectious disease threats, whether naturally occurring, accidental or deliberately spread.  Today, the President underscored the unwavering U.S. commitment to partnering with Africans, their governments, and all who will join the effort to improve health security across the continent and for all people.

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100% renewables by 2045 is now the law in Hawaii

Link to Article:  http://www.argusmedia.com/News/Article?id=1051970

Hawaii law sets target of 100pc renewables by 2045

 

9 Jun 2015, 2.15 pm GMT

Washington, 9 June (Argus) — Hawaii's governor David Ige (D) signed legislation making the island state the first in the US to set a mandate for all electricity to come from renewable resources.

The governor signed HB 623, which requires electric utilities to supply 100pc of their sales with renewables by 2045. The new renewable portfolio standard includes interim targets of 30pc by 2020, 40pc by 2030 and 70pc by 2040. HB 623 replaces a previous standard that called for 15pc by 2015, 25pc by 2020 and 40pc by 3030. The bill takes effect on 1 July.

Ige said the move to local sources of energy will help the state's economy, which relies on about $5bn/yr in oil imports. Fuel oil provides about 70pc of the state's electricity, according to the Energy Information Administration (EIA).

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Petrochemical Industry Announcements

USRS

4

Petrochemical political economy. Employment

TXRS

4 cover

Petrochemical political economy
Employment

Dr. Michael D. McDonald

Coordinator
Global Health Response and Resilience Alliance

Chairman
Global Resilience Systems, Inc.

President
Health Initiatives Foundation, Inc.

***@***.***
202-468-7899

Begin forwarded message:

> From: Kathy Gilbeaux <***@***.***>
> Date: July 28, 2015 at 11:54:34 PM EDT
> To: ***@***.***
>
>
> Chevron to cut 950 jobs in Houston
> http://www.12newsnow.com/story/29654834/chevron-to-cut-950-jobs-in-houston
>
> Total seeks buyer for half of Texas refinery
> http://www.reuters.com/article/2015/07/24/us-refinery-sale-total-idUSKCN0PY22T20150724
>
> Kathy

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Sierra Leone President unveils Ebola "battle plan"

AFP    July 26, 2015
Freetown  - Sierra Leone's President Ernest Bai Koroma has unveiled a post-Ebola "battle plan" to help the west African country turn the page on the devastating epidemic.


Sierra Leone's President Ernest Bai Koroma speaks at an International Ebola Recovery Conference on July 10, 2015 at the United Nations headquarters in New York (AFP Photo/Eduardo Munoz Alvarez)

"Beyond the immediate nine-month recovery period, we will commence a two-year plan during which we must resolve to restore Sierra Leone to the path to prosperity," Koroma said in a statement released Friday.

"We will work to reinvigorate the private sector as a source of growth, create jobs and livelihoods in our economy," he said, emphasising the need to improve roads and market access.

Read complete story.
http://news.yahoo.com/sierra-leone-president-unveils-post-ebola-battle-plan-175118537.html

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Campaign group accuses Liberia palm oil firm of exploiting Ebola crisis

REUTERS by  Makini Brice                                 July 23, 2015

DAKAR --Anti-corruption campaign group Global Witness on Thursday accused palm oil company Golden Veroleum of taking advantage of the Ebola epidemic in Liberia to double the size of its plantation.

 The Ebola virus treatment center where four people are currently being treated is seen in Paynesville, Liberia, July 16, 2015. Reuters/James Giahyue

Golden Veroleum, controlled by Singapore-listed Golden Agri-Resources, signed a deal with Liberia in 2010 to develop a 220,000 hectare plantation. However, the company also has to reach agreement with local communities that have customary titles over the land.

The company denied any wrongdoing.

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South Sudan Food Crisis Deepens Amid Tanking Economy

             

Almost 700,000 South Sudanese now live as refugees in neighbouring countries. The vast majority fled their homes since civil war broke out in December 2013.  Photo: UNHCR

irinnews.org - by Andrew Green - June 1, 2015

Through 17 months of conflict, tens of thousands of people have been killed in South Sudan and two million more displaced. Schools, health centres and markets have been looted and destroyed. It took a $1.8 billion humanitarian response last year for the country to avoid a famine.

And it’s about to get even worse.

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CLICK HERE - Integrated Food Security Phase Classification (IPC) - The Republic of South Sudan
(5 page .PDF report)

CLICK HERE FOR ADDITIONAL INFORMATION - reliefweb - South Sudan

 

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