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News & Updates

April 14, 2015 Cyber threats must be addressed without trade barriers: U.S. commerce secretary

Yahoo News - "There seemed to be some receptivity to doing that," she added. Chinese Foreign Ministry spokesman Hong Lei said on Tuesday China stood by its îWorld Trade Organizationî commitments but guidelines to...

April 14, 2015 Hillary Clinton May Take Strong Stance on Global Warming

Source: Scientific America

Over the past year, she has toughened her rhetoric against climate science-denying Republicans and recently brought on former White House adviser John Podesta, architect of Obama's climate strategy, to run her campaign.

April 14, 2015 Scrap fossil fuel subsidies now and bring in carbon tax, says World Bank chief

Source: The Guardian

Poor countries are feeling “the boot of climate change on their neck”, the president of the World Bank has said, as he called for a carbon tax and the immediate scrapping of subsidies for fossil fuels to hold back global warming.

April 14, 2015 Chinese premier urges stronger clean energy cooperation with U.S.

China Economic Net - China's reform and opening-up policy and its commitment to îWorld Trade Organizationî regulations will remain unchanged, he said. "China will continue to open wider to the world and will have a...

April 14, 2015 Nearly 5 Years After BP Spill, White House Proposes New Rules For Offshore Drilling

Source: Huff Post

WASHINGTON (AP) — A week shy of the fifth anniversary of the Deepwater Horizon oil spill, the Obama administration proposed new regulations Monday aimed at strengthening oversight of offshore oil drilling equipment and ensuring...

April 13, 2015 Millions of Americans face higher flood insurance premiums

Source: Observer Chronicle

Countless Americans face greater premium for flood insurance coverage defense after a brand-new regulation that came into effect this month. The new legislation permits the insurers to increase the premium by approximately 18...

April 10, 2015 First Blue Bell Ice Cream, Now Sabra Hummus — Why All The Food Recalls Lately?

Source: Yahoo Health

Today, we’re hearing word of yet another recall: a routine inspection of popular Sabra hummus at a Kroger market in Port Huron, Michigan on March 30 revealed the potential for Listeria. The FDA is now working with the company to...

April 10, 2015 How the Drought Is Changing California Forever

Source: Bloomberg

In San Francisco, California’s most densely populated big city, with small lawns and coastal fog, residents consumed 44 gallons per day in February, while residents of Palm Springs and neighboring desert communities used more...

April 10, 2015 SPECIAL REPORT-How Wall Street captured Washington's effort to rein in banks

Source: Reuters

In the aftermath of the 2008 financial crisis, Keith Higgins was certain: Banks weren't to blame. Higgins, a top attorney at prominent law firm Ropes & Gray LLP, was chairman of an American Bar Association committee on securities...

April 9, 2015 The bond 'flash crash'? Jamie Dimon says that kind of thing happens 'once in every 3 billion years or so' (JPM)

Source: PressMentor

The yield on the 10-year Treasury note fell by 34 basis points in just a few minutes, plunging from around 2.2% to 1.86%. This was a violent and abrupt move, and regulators are still trying to unpack exactly what happened.

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