News for 2011-08-10

Wednesday, August 10, 2011
[field_image_caption-raw] Shell's Arctic Drilling Plan: Another Disaster Waiting to Happen
The Interior Department has greenlighted Royal Dutch Shell's exploration plans for offshore drilling in the Arctic Ocean after finding "no evidence" that a potential spill larger than the Exxon Valdez will "significantly affect the quality of the human environment." The decision is premised on the...
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[field_image_caption-raw] Riots Shake Faith in UK Austerity, Stability
LONDON - In the eyes of the financial markets, Britain was supposed to be a model of successful, sustainable austerity and a safe haven in which the world's rich could buy houses and stash their savings. The riots that turned London and some other English cities upside down this week have...
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[field_image_caption-raw] The Empathy Ceiling: The Rich Are Different — And Not In a Good Way, Studies Suggest
Psychologist and social scientist Dacher Keltner says the rich really are different, and not in a good way: Their life experience makes them less empathetic, less altruistic, and generally more selfish. In fact, he says, the philosophical battle over economics, taxes, debt ceilings and defaults...
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[field_image_caption-raw] Does Global Battle Against Hunger Have a New Hero?
SAO PAULO -- When Altaiza Silva lost her job cleaning houses two years ago, she thought she would have to pull her daughters out of school and put them to work, likely perpetuating the cycle of poverty that's claimed generations of her family.
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[field_image_caption-raw] Economists Agree: Failed Policies 'Making a Total Mess of a Solvable Problem'
To be an economist of my stripe these days — basically a Keynes-via-Hicks type, who concluded as soon as Lehman fell that we were in a classic liquidity trap with all that implied — is a bittersweet experience, with the bitter vastly greater than the sweet. The good news, such as it is, is that our...
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[field_image_caption-raw] Farmer's Markets Spur Job Growth, New Report Finds
In a dismal week for the U.S. economy featuring debt-ceiling drama in Washington and the threat of a double-dip recession on Wall Street, the U.S. Department of Agriculture ( USDA ) delivered some powerhouse statistics demonstrating the public's demand for healthy, organic food: The number of...
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[title] As Go Unions, So Goes the Middle Class
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[field_image_caption-raw] Oil Sands Expected to Undo Carbon Cuts
The development of Canada’s oil sands will single-handedly undo greenhouse gas gains made by weaning the country’s electrical supply off coal, a government study predicts. The Environment Canada forecast of Canada’s carbon output over the next decade casts in stark terms the challenge facing the...
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[field_image_caption-raw] If "Super Congress" Is Going to Co-Opt Democracy, A Push To Do So Publicly
Senate Majority Leader Harry Reid (D-NV) appointed three Democrats to a 12-member deficit Super Committee Tuesday, giving observers and advocates an early indication of how the committee will function as it seeks over a trillion dollars in further deficit cuts by the end of the year.
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[field_image_caption-raw] Court Pleadings Charge U.S. Complicity in Mexico's Drug War
MEXICO CITY/WASHINGTON - Late last week, the son of a top dog in Mexico's notorious Sinaloa drug cartel filed pleadings in a Chicago federal court accusing the U.S. government and its agencies of giving the cartel "carte blanche to continue to smuggle tons of illicit drugs into Chicago and the rest...
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[field_image_caption-raw] Riots Spread to More UK Towns and Cities
Riots flared overnight in some English cities and towns but London was mostly calm as thousands of police deployed on its streets following three nights of rioting and looting in the British capital. David Cameron, the British prime minister, on Wednesday vowed to arrest, prosecute and imprison...
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[field_image_caption-raw] Major Protests Erupt Against Chile's Pinera
SANTIAGO — Chilean riot police have fired tear gas and used water cannons to disperse violent protesters on the fringe of an otherwise peaceful student demonstration in the capital Santiago. Tens of thousands of teachers, students, parents and sympathetic labor activists marched in downtown...
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[field_image_caption-raw] Wisconsin Recalls Replace Two Republican Senators in a Rebuke to Governor's Anti-Labor Agenda
MADISON, WI - Five months to the day after the Republican majority in the Wisconsin State Senate voted to approve Governor Scott Walker's plan to strip most collective bargaining rights from public emloyees, two of the most governor's most prominent allies in the chamber have been removed from...
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