econintersect .com

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.

posted on 27 August 2016

Early Headlines: Dark Matter Galaxy, Blood In Hondouras, GDP Per Capita Is Sick, Brexit Can't Fix Inequality, Italy's Big Aftershock, Tunisian Austerity, Lochte Charged In Brazil, Rainbow Mountains And More

Written by

Early Bird Headlines 27 August 2016

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.



  • This Weird Galaxy Is 99.99 Percent Dark Matter (Scientific American) Astronomers have discovered a galaxy as big as the Milky Way that consists almost entirely of dark matter, a mysterious and invisible substance that scientists have been trying to figure out for decades. Only one-hundredth of one percent of the galaxy is ordinary, visible matter like stars and planets. The other 99.99% of the stuff in this galaxy can't be seen. No one really knows what dark matter is made of, but scientists believe it exists because they can see the effects of its gravity on other things in space. Whatever it may be, about 80 percent of the mass in the universe is dark matter. Econintersect: An alternative is that we do not have a good understanding of what we call gravity.


  • The Stimulus Our Economy Needs (Foreign Policy) So what is helicopter money? It's a basic, important policy concept with a truly awful name. The U.S. economy needs cash to fund job creation and raise stagnant wages. Calling it "helicopter money" is just counterproductive. Econintersect: Normally economic expansion is funded by credit. Credit is overextended and economic activity is stagnant. So what is needed is money not backed by debt. What conceept could be simpler? Just don't ask a banker who now is running the show and won't like giving up his stranglehold.

  • Blood in Honduras, Silence in the United States (Boston Review)

Honduran indigenous and environmental rights leader Berta Cflceres, who was assassinated by masked gunmen in the spring, had long lived under the shadow of threats, harassment, and intimidation. The slain leader of the Civic Council of Popular and Indigenous Organizations of Honduras (COPINH) was gunned down in her home in La Esperanza on March 3 after months of escalating threats. She was killed, it appears, for leading effective resistance to hydroelectric dam projects in Honduras, but she understood her struggle to be global as well. For Cflceres, the fight to protect the sacred Gualcarque River and all indigenous Lenca territory was the frontline in the battle against the unbridled transnational capitalism that threatens her people. She felt that as goes the Gualcarque River, so goes the planet. Her assassination sent shockwaves through the Honduran activist community: if an internationally-acclaimed winner of the Goldman Environmental Prize can be slain, there is little hope for anyone's safety.



  • Brexit Can't Cure Anger and Apathy of Northern England's Jobless (Bloomberg) Politics may have changed irrevocably in Britain since the country voted to leave the European Union two months ago. For some of the people who made it happen, the expectation is that little will change for them. The voters have spoken, but the inequality that moved them to vote for Brexit isn't going anywhere.


  • France 'burkini': Mayors urged to heed court's ruling (BBC News) Mayors of French towns who banned the controversial "burkini" swimsuit have been warned they must heed a court ruling suspending the action. Human rights lawyer Patrice Spinosi said if any mayors did not comply, he would take each case to court. At least three mayors have said they will keep the bans on their beaches. On Friday the Council of State found the ban in one town, Villeneuve-Loubet, "seriously and clearly illegally breached fundamental freedoms". The decision is expected to set a precedent for all the 30 or so French resorts, chiefly along the Riviera, that issued similar bans.


  • Italy declares state of emergency in region hit by earthquake (The Guardian) A powerful 4.7-magnitude aftershock, the latest of more than 500 since the initial quake, hit the area shortly after dawn on Friday, sending up plumes of thick grey dust, shaking buildings that were still standing and fueling fears of fresh collapses which could hamper the rescue operation. With the provisional death toll from Wednesday's 6.2-magnitude quake standing at 267, including several foreigners, the Italian prime minister, Matteo Renzi, authorized a preliminary €50 million (£43 million, $56 million) in emergency funding for the stricken zone.


  • Tunisia's new government wins parliamentary approval, eyes austerity (Reuters) Tunisia's new government won a confidence vote late on Friday after the Prime Minister Youssef Chahed warned in Parliament an austerity program will be inevitable with thousands of public sector job cuts and new taxes if Tunisia does not overcome its economic difficulties. The Unity government was backed by 167 of the parliament's 217 members. The North African state is struggling with lower tourism revenues after two Islamist militant attacks on foreign tourists last year hit what is one of its key industries. Strikes and protests for jobs have also hurt the country's phosphate production.


  • An 80 million-year-old secret (BBC News) Before 2000, few people in China - or the rest of the world - had heard of the Rainbow Mountains. Now they are catching the eye of photographers and filmmakers. Watch video:



>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

Econintersect Contributors

Print this page or create a PDF file of this page
Print Friendly and PDF

The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.

Keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Middle East / Africa
USA Government

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved