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Economic woes create anti-establishment movements around the world

A protest march against the right-wing populist party Alternative for Germany (AfD) party in Stuttgart, southern Germany this year. Photograph: Felix Kastle/AFP/Getty Images

Image:  A protest march against the right-wing populist party Alternative for Germany (AfD) party
in Stuttgart, southern Germany this year. Photograph: Felix Kastle/AFP/Getty Images

guardian.com - November 5th 2016 - Katie Allen

The US is not the only western nation to be undergoing political ructions over the faltering post-crisis recovery. New counter-establishment parties have emerged in several countries and, as in the UK, people have voted for dramatic change. Meanwhile, there’s a growing sense in developed economies that workers have yet to benefit from the recovery or rising globalisation.

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The myth of renewables threatening grid stability?

bnef.com - October 31st 2016

Germany’s power grid outage averaged 12.7 minutes last year, 41% less than in 2006, even though renewables have grown to account for as much as a third of power generation in the country, according to data released by the federal regulator last week.

This put to rest concerns about intermittent sources of power threatening grid stability. The country is weaning itself away from nuclear power and embracing renewables generation, providing a working model of transformation of the energy sector for many other countries.

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Congress Approves $1.1 Billion To Fight Zika

After nearly seven months of bickering and finger-pointing, Congress on Wednesday agreed to allocate $1.1 billion to help fight the spread and effects of the Zika virus.

The deal is part of a broader agreement to continue to fund the government after the fiscal year ends on Friday and the current budget expires.

It brings to an end a partisan fight that has had the unusual effect of delaying funding to deal with what all sides agree is a public health emergency.

Congress Stops Bickering And Approves $1.1 Billion To Fight Zika
http://www.npr.org/sections/health-shots/2016/09/28/495806979/congress-ends-spat-over-zika-funding-approves-1-1-billion?utm_term=nprnews

Congress passes funding bill averting government shutdown
http://www.reuters.com/article/us-usa-congress-idUSKCN11Y1MJ

Congress clears stopgap spending bill, $1.1B to fight Zika
http://unb.com.bd/article/congress-clears-stopgap-spending-bill-dollar11b-to-fight-zika

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Venezuela president Nicolás Maduro declares state of emergency

People queueing to buy food are prey for thieves in Caracas, capital of Venezuela. Photograph: Carlos Garcia Rawlins/Reuters Image: People queueing to buy food are prey for thieves in Caracas, capital of Venezuela. Photograph: Carlos Garcia Rawlins/Reuters

theguardian.com - May 14th 2016 - Emma Graham-Harrison

Venezuela’s president, Nicolás Maduro, has declared a state of emergency, hours after US intelligence officials warned that the South American country could be on the brink of disintegration.

The powers Maduro obtains after Friday night’s declaration allow him “to stabilise our country, and confront all the international and national threats against our fatherland in this moment”, the president said, but he did not detail how he intends to use them.

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United Kingdom Votes to Leave EU in Historic Referendum

           

Philippe Wojazer/Reuters

Britain has voted to exit the European Union. It is a historic decision sure to reshape the nation’s place in the world.

Britain held a referendum on Thursday on whether to leave the European Union, a process often referred to as “Brexit.”

CLICK HERE - CNN - Brexit News Coverage

CLICK HERE - BBC - Business Live: Markets in turmoil

CLICK HERE - The Guardian - LIVE - EU Referendum

CLICK HERE - Reuters - LIVE - EU Referendum

CLICK HERE - The Telegraph - EU Referendum

CLICK HERE - The UK's EU referendum: All you need to know

CLICK HERE - EU referendum petition signed by more than 2.5m

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Energy weighs on Wall St. but Costco shines

reuters.com - July 7th 2016 - Marcus E. Howard

The S&P 500 and Dow industrials slipped on Thursday, weighed by energy shares, but gains in Costco and tech shares lifted the Nasdaq Composite.

The energy sector of the S&P was dragged lower by Exxon and Chevron as oil futures prices fell nearly 5 percent after crude stockpiles fell slightly less than forecast.

High-yielding sectors also pulled the S&P lower even as yields on long-term U.S. government debt remained near record lows.

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Top Brexit campaigner mocks 'apocalypse' fears but MP suggests Parliament could DEFY vote

Ukip's Suzanne Evans eased 'apocalypse' fears over Brexit as France told UK to hurry up and leave.

Image: Ukip's Suzanne Evans eased 'apocalypse' fears over Brexit as France told UK to hurry up and leave.

express.co.uk - June 26th 2016 - Rob Virtue and Greg Heffer

Ukip's parliamentary spokesperson Suzanne Evans has listed an abundance of reasons why Britain’s post-Brexit future is looking bright after a predicted uncertain first day of independence.

In a Facebook post lauded by Leave voters, Ms Evans noted how both the pound and FTSE 100 both recovered from Friday's early falls, while pro-EU campaigners had now backtracked on pre-referendum 'Project Fear' scare stories. 

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Worst day in 10 months as Wall Street reacts to 'Brexit'

reuters.com - June 24th 2016 - Rodrigo Campos

The S&P 500 turned negative for the year-to-date on Friday as Wall Street suffered its largest selloff in 10 months after Britain's decision to leave the European Union caught traders wrong-footed.

In the busiest trading volume for a single session in nearly five years, financial stocks .SPSY led the decline on the S&P 500 with a 5.4 percent drop -the largest for the sector since November 2011.

The S&P 500 lost all the year's gains and suffered its largest decline since late August last year.

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Climate Change Will Wipe $2.5tn Off Global Financial Assets: Study

           

The economic impact of climate change could play havoc with the world economy, according to an LSE study. Photograph: Carlo Allegri/Reuters

CLICK HERE - STUDY - ‘Climate value at risk’ of global financial assets

Losses could soar to $24tn and wreck the global economy in worst case scenario, first economic modelling estimate suggests

theguardian.com - by Damian Carrington - April 4, 2016

Climate change could cut the value of the world’s financial assets by $2.5tn (£1.7tn), according to the first estimate from economic modelling.

In the worst case scenarios, often used by regulators to check the financial health of companies and economies, the losses could soar to $24tn, or 17% of the world’s assets, and wreck the global economy.

The research also showed the financial sense in taking action to keep climate change under the 2C danger limit agreed by the world’s nations. In this scenario, the value of financial assets would fall by $315bn less, even when the costs of cutting emissions are included.

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New United Nations study finds digital payments to Ebola response workers saved lives

 

E money Transaction

By using digital payments to pay Ebola response workers, Sierra Leone massively cut payment times, avoiding large-scale strikes and ensuring a stable workforce to defeat Ebola. Sierra Leone’s experience shows the critical importance of preparing early for digital payments before crises hit.

 

 

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