Trade
Report: Germany To Reject EU-Canada Trade Deal Globe and Mail ...Germany is to reject a multi-billion free trade deal between the European Union and Canada which is widely seen as a template for a bigger agreement with the United States, a leading German paper reported on Saturday. Citing diplomats in Brussels, the Sueddeutsche Zeitung said Berlin objects to clauses outlining the legal protection offered to firms investing in the 28-member bloc. Critics say they could allow investors to stop or reverse laws...
Apocalypse Preview: Chinese River Turns Blood-Red zero hedge ...An inner city waterway in the eastern city of Wenzhou was found to have been inundated by an influx of blood-red water this morning...
The Factory in the China Food Scandal Is Foreign-Owned. That Could Have Made It a Target Time ...An undercover investigation by a Chinese TV station, which aired on Sunday, claimed that a factory in Shanghai owned by Illinois-based OSI Group was shipping the fast-food giants expired meat. Later, coffee-shop chain Starbucks in China and McDonald’s outlets in Japan got dragged into the mess, as they, too, had meat from the suspect factory in their products...
State Battles
Ohio Has Lost 25,000 Local Government Jobs Under John Kasich Plunderbund ...Ohio has seen “nearly 25,000 jobs lost in local government” since John Kasich has been governor of Ohio. And “median incomes in Ohio have fallen about $7,000 over the past decade...”
City seeks $2M from unions Racine Journal Times ...Looking for help to close a projected a $4.6 million deficit next year, administration officials at City Hall are seeking $2 million in concessions from police and fire unions...
War on Workers
Steel jobs have plummeted by a third since 2000 NWI Times ...Northwest Indiana's steel industry, which once drew immigrants from the world over and put bread on many tables for generations, has lost a third of its jobs since 2000...
Corporate Artful Dodgers (opinion) New York Times ...The federal government still gets a tenth of its revenue from corporate profits taxation. But it used to get a lot more — a third of revenue came from profits taxes in the early 1950s, a quarter or more well into the 1960s...
World of Resistance Report: IMF, World Bank, Giant Consultants Admit the Storm is Coming truthout ...three issues are prevalent in terms of assessing the fears and threats facing the global elite: 1) growing inequality, 2) decline of public trust in institutions of all kinds, and 3) the resulting social unrest...
Financial Predators Move On From Foreclosure Rescue, Enter Student Debt, Military Lending Spaces naked capitalism ... These scams are basically all the same: empty promises about obtaining a modification in exchange for up-front cash, with all the promises broken down the road. In this case, the offending parties happen to be law firms, who made the impression on the victims that they would provide legal representation in securing a modification...
Mike Mathieu: Big Data is Watching You Next New Deal ...In a darker turn, we begin to see a loss of human freedoms as behavior is increasingly predicted, tracked, and incentivized according to data models...
NSA Helps Crush Dissent at Home and Abroad Washington Blog ...The National Security Agency last year significantly expanded its cooperative relationship with the Saudi Ministry of Interior, one of the world’s most repressive and abusive government agencies. An April 2013 top secret memo provided by NSA whistleblower Edward Snowden details the agency’s plans “to provide direct analytic and technical support” to the Saudis on “internal security” matters...
Auto shop worker killed when car falls on him WIVB ...The accident happened Friday afternoon at Yuya Complete Auto Repair on Skillen Street in Buffalo...
Miscellaneous
Outside money drives a deluge of political ads New York Times ... An explosion of spending on political advertising on television — set to break $2 billion in congressional races, with overall spots up nearly 70 percent since the 2010 midterm election — is accelerating the rise of moneyed interests and wresting control from the candidates’ own efforts to reach voters...
