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Popular Science Tuesday, April 21, 2015 - 09:56 Source

It's not often that I'm waiting to order a drink at the bar next to Bill Nye. But on the rare occasion that this does happen, as it did this past Thursday evening, I knew we were on the verge of something big.

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Popular Science Tuesday, April 21, 2015 - 09:56 Source

Our obsession with marijuana's mystifying powers goes back a long time; though its first documented use was in 2727 BC, there's some indication that our ancestors cultivated cannabis plants in the earliest days of agriculture. Since then, marijuana has spread around the world, used for medicine, religious purposes, or recreation by almost every culture. Clearly, pot does something for us.

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Popular Science Tuesday, April 21, 2015 - 09:56 Source

Foul smells are generally good indications of food gone bad, and now MIT chemists have developed a new sensor that does all that nasty smelling work for you. The portable and inexpensive device detects gases from meat, looking for chemical signatures associated with decaying meat products.

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Popular Science Tuesday, April 21, 2015 - 09:56 Source

Our eyes are such elegant, complex, specialized organs that their existence seems almost hard to believe--Darwin himself called their evolution “absurd.” But that doesn't mean they're perfect; eyes sometimes don't focus correctly, they break down over time, and they can be extremely painful if infe

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MacroBusiness Tuesday, April 21, 2015 - 09:45 Source

By Chris Becker The confidence fairy returned to risk markets once more although only US stocks had the momentum to push through its own session with supporting comments by a slew of central bankers (including Captain Glenn) and a solid earnings result for IBM. A stronger USD and rising oil prices also helped imbibe risk

The post Macro Morning: Return of the confidence fairy appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 21, 2015 - 09:44 Source

By Leith van Onselen Following reports earlier this month that dividend imputation credits received by tax-free (mostly wealthy) superannuation holders over the age of 60 are costing the Budget some $6 billion a year in forgone revenue, The Australia Institute (TAI) has released a new study showing that Australia’s $29 billion system of franking credits

The post More heat on dividend imputation rort appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 21, 2015 - 09:34 Source

From the AFR: Embattled iron ore junior Atlas Iron will extend its suspension from trading on Tuesday but is likely to be in receivership by the end of the month, industry sources told Street Talk. …Sources said the majority of the company’s debt-holders were in favour of it entering receivership, an outcome which is likely to be

The post Atlas crushed appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 21, 2015 - 09:32 Source

RIO has released its Q3 production update and disappointed on volume: Pilbara operations First quarter production of 71.1 million tonnes (Rio Tinto share 57.3 million tonnes) was 12 per cent higher than the same period in 2014 following commissioning of the Nammuldi wet plant and the ramp up of Hope Downs 4. First quarter production

The post RIO readies iron ore deluge mark II appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 21, 2015 - 09:17 Source

From Reuters: Chinese steel company Shandong Iron and Steel Group said it had acquired the remaining 75 per cent stake in the Tonkolili iron ore mine in Sierra Leone from the mining company African Minerals for over $170 million. Shandong now has 100 per cent of equity in Tonkolili, and will also own the associated

The post Iron ore shudders as China absorbs Africa appeared first on MacroBusiness.

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Tuesday, April 21, 2015 - 08:28 Source

Australia needs to start turning its mind to matters of Artificial Intelligence, and war writes Professor Toby Walsh.

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MacroBusiness Tuesday, April 21, 2015 - 04:04 Source

Captain Glenn Stevens followed a recent RBA tradition of reserving intelligence for international audiences in a New York speech last night. I have bolded the important parts for interest rate calculations. The World Economy and Australia Glenn Stevens* Governor Address to The American Australian Association luncheon, hosted by Goldman Sachs New York, USA – 21

The post “Insane” RBA has lucid moment, in America appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 21, 2015 - 03:39 Source

LF Economics, a new Australian analytical and research firm, has produced another interesting report examining the claim that housing supply shortages are the cause of Australia’s unaffordable housing: Today, there are few, if any, examples in modern history to suggest that the cost per square metre of land in such a sparsely populated nation has

The post Are shortages to blame for rising house prices? appeared first on MacroBusiness.

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Tuesday, April 21, 2015 - 01:19 Source

Right-wing Israeli organisations have been quietly escalating “legal warfare” against the Palestinian leadership in an attempt to dissuade it from bringing war crimes charges against Israel at the International Criminal Court. Lawfare, Israel’s continuation of war by other means Truly original thought is rare. A few years ago a colleague was being interviewed for an NHMRC (Australian) research grant. The research project he put forward was criticized by one of the interviewing panel: “But, that […]

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MacroBusiness Tuesday, April 21, 2015 - 00:39 Source

From News: So far this year sales of the Holden Commodore are down by 17 per cent and deliveries of the Cruze small car are down by 5 per cent in a market that has just posted the strongest first three months on record. Staff numbers will fall from 1530 production line workers to 1260

The post Holden chops jobs appeared first on MacroBusiness.

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Tuesday, April 21, 2015 - 00:16 Source

Australian Health Minister Sussan Ley has had the four-volume National Review of Mental Health Programmes and Services since 1 December 2014.Despite the report being leaked to Crikey, she insisted on 15 April 2015 that; there was no sense in releasing the report before the Government had formulated a response.On 19 April Crikey Insider sent out access links to all four volumes to its readers.The Abbott Government has now released the full report which can be read at leisure on the

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Tuesday, April 21, 2015 - 00:15 Source

Screen shot from www.challengeofchange.gov.auOn 5 March 2015 Abbott Government released its 2015 Intergenerational Report“Dr.

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MacroBusiness Tuesday, April 21, 2015 - 00:06 Source

Here are the iron ore charts for April 21, 2015: Spot firmed with Tianjin benchmark up 10 cents to $50.80. But paper weakened with Dalian down yesterday and even further over night, currently trading at 381. 12 month swaps rolled and Rebar average also broke lower. Reuters has texture: The 100 basis point reduction in

The post Daily iron ore price update (CISA) appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 21, 2015 - 00:02 Source

Investing in Chinese Stocks has declared game on for Chinese credit: Turns out we may have only had hours to buy the dip in Chinese stocks as regulators went into panic mode over the weekend, China Not Trying to Chill Red-Hot Stock Market, Says Regulator. In a statement published Saturday evening, the commission said measures rolled

The post Game on for Chinese credit? appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 21, 2015 - 00:01 Source

Global Macro / Markets / Investing: Bond Market’s Dumb Money Looks Clever in $350 Billion Shift – Bloomberg Krugman: Crowding In and the Paradox of Thrift - New York Times Investors Who See ‘Froth’ in Market Go All In for Oil - Bloomberg World’s Biggest Wealth Fund Seeks One Dark Pool to Cut Costs –

The post Links 21 April 2015 appeared first on MacroBusiness.

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Drag0nista's Blog Monday, April 20, 2015 - 18:53 Source

Business leaders may like to feel all-powerful by pressuring the Government for reform, but if there isn’t public support or political capital to back it up then they’re just shouting into the wind.  Weekly column for The Drum.Filed under: Politics Tagged: ABC The Drum, business, lobbying, lobbyists, reform, tax cuts, tax reform, Work Choices

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Drag0nista's Blog Monday, April 20, 2015 - 18:47 Source

Politicians have been trying for years to get their message out to voters without it first being filtered by the media. Now they can bypass traditional media altogether by becoming independent producers of news. At Community on Buzzfeed.Filed under: Media, Politics Tagged: Barack Obama, Buzzfeed, media, news, propaganda, Tony Abbott

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Monday, April 20, 2015 - 18:34 Source

Want to know what is really happening in Yemen? You won’t find out simply by reading your favourite Western Newspaper nor by watching Australian Broadcasting Corp or BBC News. So here hare five top articles on the Barack Obama and Saudi Arabia involvement in Yemen. What’s Really Driving The Saudi-Led Attacks On Yemen? Debunking Media Myths About the Houthis in War-Torn Yemen · Global Voices American Hell for Yemen   :    Information Clearing House – ICH […]

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WixxyLeaks Monday, April 20, 2015 - 17:16 Source

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Over the last decade there has been a far greater focus by the media and the public over the leadership of our political parties. Hardly a month goes past without talk of leadership challenges and spill motions.

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MacroBusiness Monday, April 20, 2015 - 16:10 Source

Stan Shamu for Chris Weston, Chief Market Strategist at IG Markets Investors digest China stimulus It’s been a busy start to the week for Asian markets with plenty to digest from the weekend. Global markets remain a turbulent environment with plenty of changes to navigate through the course. The three recurring themes this year are

The post ASX at the close appeared first on MacroBusiness.

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MacroBusiness Monday, April 20, 2015 - 14:58 Source

By Leith van Onselen CommSec released its State of the States report overnight, which has elevated New South Wales to the top of the rankings: Each quarter CommSec attempts to find out by analysing eight key indicators: economic growth; retail spending; equipment investment;  unemployment; construction work done; population growth; housing finance and dwelling commencements. Just

The post Housing/population ponzi elevates NSW to the top appeared first on MacroBusiness.

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Renew Economy Monday, April 20, 2015 - 14:50 Source

AGL has made its first step towards exiting coal. But, as Morgan Stanley points out, real change will be driven by how AGL and other utilities respond to new technologies such as solar and storage. The support of both consumers and investors is at stake.

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Renew Economy Monday, April 20, 2015 - 14:49 Source

Southern Sydney Region of Councils signs up SunEdison-owned Energy Matters to partner its 'Our Solar Future' initiative to make PV and solar hot water more accessible to households and businesses.

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Renew Economy Monday, April 20, 2015 - 14:44 Source

Just a few leading companies source renewable power—that’s a problem... and opportunity.

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Renew Economy Monday, April 20, 2015 - 14:44 Source

Tony Seba predicts that by 2030 all power generation will be solar and wind and all cars will be self-driving electric vehicles.

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Monday, April 20, 2015 - 14:22 Source

Yes, we're officially the 'spiritual home' of the woman calling African migrants and refugees "cockroaches" and “a plague of feral humans”.

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