Recently the Chinese government changed income tax laws, to help low income workers keep more of their money. The new law increased the number of workers who don’t have to file income tax.
The Chinese real estate industry is now warning that could reduce property sales.
In China you must have official papers declaring you a […] Continue Reading…
Tokyo officials say they found beef, shipped in from Fukushima Prefecture, is contaminated with high levels of cesium.
On 08 July 2011 the beef tested positive for 2,300 becquerels per kilogram of cesium, the national safe limit is 500 becquerels per kilogram.
The beef came from cows raised in Minami Souma, in Fukushima Prefecture.
Japan’s Health Ministry […] Continue Reading…
Idaho’s Department of Environmental Quality issued a no swimming warning for Sandy Point Beach, at Lucky Peak State Park. The reason is high levels of e.coli bacteria.
Officials say that other beach areas at the park are OK for swimming.
As of now they don’t know where the e.coli is coming from, but the potentially deadly […] Continue Reading…
Idaho’s slash and burning of Medicaid continues. The latest cuts are taking away $34 million in state funding.
Idaho began their destruction of Medicaid services last year. By October of 2010 a total of $105 million in state and federal cuts hit Idaho’s Medicaid program.
Some Idaho dentists say they are providing free services, out of […] Continue Reading…
In June, the average amount of time a person is unemployed reached a record 39.9 weeks.
“We have had many, many months to stimulate this economy and still not seeing businesses hire, it’s a real concern.”-Frank Davis, LEK Securities
“I send out 50 to 60 resumes a week. Nobody ever gets back to you.”-Rob […] Continue Reading…
“Today, companies are producing more goods and services than ever before. The economy is able to do that with 7 million fewer workers. If we can do so much with so much less, where is the incentive to hire?”-Bernard Baumohl, The Economic Outlook Group
For the past few days the […] Continue Reading…
U.S. media reported that the continued increase in the New York Stock Exchange (reported by the Dow Jones) is because of good economic data, like better than expected job numbers.
Monthly unemployment numbers are still over 400,000, and many economists have repeatedly stated that it needs to drop below 400,000, for several months in a […] Continue Reading…
In an effort to fight inflation the Chinese government recently ordered banks to tighten their grip on the money supply. One way is to cut back on loans.
The China Construction Bank announced they will increase down payments on homes, for first time buyers, to 40% of the purchase price. The Chinese banks were told […] Continue Reading…
Despite repeated public statements, protests and even attacks against U.S. troops, U.S. officials are still haranguing the Iraqi Prime Minister about letting them stay.
U.S. Admiral Mike Mullen admitted that his staff is having a hard time convincing the Iraqi officials that the United States should stay past their agreed upon withdraw date. The U.S. […] Continue Reading…
In Japan, the restart of the Genkai nuclear power plant has been put on hold, after a whistler blower revealed that the company boss ordered false statements about the plant’s safety.
Operator Kyushu Electric Power Company got the go ahead to restart the nuclear plant, located in Saga prefecture, after a public meeting in which […] Continue Reading…