July 10, a 7.3 quake hit the same area that experienced a 9.0 quake on March 11.
Two meter high (6.4 feet) waves were seen on the coasts of Miyagi and Iwate Prefectures.
Officials with Japan’s Meteorological Agency say this latest aftershock resulted from the Pacific Plate shifting horizontally. They believe more aftershocks in the 7 […] Continue Reading…
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…
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…
“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
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…