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notices and features - Date published:
6:00 pm, May 6th, 2016 - 4 comments
Categories: Daily review -
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The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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Live by oil prices, burn by oil prices.
CALGARY—
Alberta’s cash-strapped government cut funding for wildfire prevention, including millions for programs created in response to the province’s last major fire disaster, just weeks before a raging fire swept across the city of Fort McMurray, forcing a mass evacuation as hundreds of homes burned to the ground.
The cuts, some of which have not previously been reported, came as Alberta struggled to cope with a prolonged slump in oil prices that has reduced tax revenue, and as climate change makes fires more frequent and damaging in Canada’s vast boreal forest.
http://www.voanews.com/content/canada-fire-hit-as-government-cut-spending-on-prevention-planes/3317951.html
stressed dairy debt ‘hitting’ proift
oh my
http://www.stuff.co.nz/business/industries/79644697/bnz-profit-hit-by-higher-expenses-bad-dairy-debts
Quote” With 2500 farmers on the books, Healy said there would be a few who would leave the industry, or make unwise decisions.
“Ultimately there will be at the margins, sadly, some customers who won’t make it.”
The bank’s broad assumption was that milk prices would gradually recover to $5.50 to $6 per kilogram of solids by the 2019 financial year.
Fonterra’s forecast for the current season is $3.90 per kg.” Quote end
deja vu….did they perchance give a 2019 cost of production forecast as well?…..
CCN is reporting that over 75 million USD has been spent on negative campaign ads on TV (doesn’t include cable or satillite).
http://edition.cnn.com/2016/05/04/politics/anti-donald-trump-movement-75-million-lost/
Trump spent 19 million on ads promoting his candidacy.