THE CHINESE GOVERNMENT has urged its banks to stop using servers built by IBM because it believes that they might be used for espionage. According to unnamed sources cited by Bloomberg, the People’s Bank of China and the Chinese Ministry of Finance…
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Economy
Preying on the Weak: Like Big Tobacco, Big Oil Targets Developing Countries
By Michael T. Klare via Tomdispatch.com In the 1980s, encountering regulatory restrictions and public resistance to smoking in the United States, the giant tobacco companies came up with a particularly effective strategy for sustaining their profit levels: sell more cigarettes in the developing world, where demand was strong and anti-tobacco regulation weak or nonexistent. Now, […]
Egypt: Passive Aggression and Counter-revolution: Voters, Youth Stay Home
By Juan Cole Voting was abruptly extended from two days to three in Egypt’s presidential election on Tuesday, apparently because of an unexpectedly low turnout. The contest pits Abdel Fattah al-Sisi, until recently minister of defense and a high-ranking general, against leftist warhorse Hamdeen Sabahi. None of the other eligible Egyptian frontrunners agreed to run, […]
Solar & Wind Renewables Pass Hydroelectric Dams as Power Sources in US
Originally published on the ECOreport. (Editor’s Note: it’s worth noting that the numbers below don’t include rooftop solar power, only utility-scale solar power plants.) The Sun Day Campaign has just released a press release proclaiming the…
S. Carolina Bible College head Slaveholder Arrested. Yes, You Read That Correctly
… and your jaw is going to hit the floor when you read what he does for a living: The president of a South Carolina Bible college was charged last week with essentially treating foreign students as slaves by forcing them to perform work for little…
Shale Oil Hype Fail: California Bonanza Evaporates
California's Shale Fail: The Case of 13 Billion Barrels of Missing Oil By Richard Heinberg In 2011, the Energy Information Administration (EIA) of the US Department of Energy commissioned INTEK Inc., a Virginia-based consulting firm, to estimate how much oil might be recoverable from California’s vast Monterey Shale formation. Production of tight oil was soaring […]
On Memorial Day, Let’s do right by our Veterans
(By Juan Cole) Memorial Day should honor not only those military personnel who gave their lives for America but really all those who have suffered and died in war. Given the difficulties that have been revealed for Veterans in getting prompt and thorough healthcare from the VA, it is also a day in which those […]
Nat’l Gas actually worse than Coal for Climate Change because, Methane: Cornell Scientist
By Bobby Magill Follow @bobbymagill A Cornell University scientist’s claims that oil and gas development is so harmful to the climate that methane emissions and oil and gas production in general need to be cut back immediately to avoid a “global catastrophe…
30 Murders by Firearm in England 2012 (equiv. 164), vs. 8,855 in US
By Juan Cole The mentally imbalanced individual who hunted down UC Santa Barbara students and knifed three and shot 6 of them to death, wounding with gunfire 7 more, on Saturday, used a semi-automatic handgun. The most popular such weapon is a Glock. It is not an automatic weapon, meaning you have to squeeze the […]
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