Millennials Have a Right To Be Pissed at Boomers. This Data Proves It.
Credit to Author: Alex Lubben| Date: Thu, 28 Nov 2019 14:26:35 +0000
Just how badly are millennials being screwed out of wealth? Let’s take a look at the data.
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How Baby Boomers Have Killed the Manhattan Power Lunch
Credit to Author: Maxwell Strachan| Date: Tue, 29 Oct 2019 22:45:08 +0000
Perhaps, and stay with me here, responsibility for the power lunch’s death rests with the people who have power and time for lunch.
Read moreRestructuring Report: Eskom ‘Fundamentally Insolvent, Permanently Impaired’
Credit to Author: Sonal Patel| Date: Thu, 24 Oct 2019 14:32:17 +0000
The post Restructuring Report: Eskom ‘Fundamentally Insolvent, Permanently Impaired’ appeared first on POWER Magazine.
Eskom, South Africa’s state-owned utility that produces nearly 90% of the African powerhouse’s electricity, is saddled with liabilities, unavoidable expenses, and stranded costs that exceed $113 billion, and for various reasons, it is “fundamentally insolvent, permanently impaired, and will never be a true going concern enterprise under its current legal, operational, and governance structure,” concludes […]
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Read moreFinancially Flailing Eskom Scrambles to Complete Defect-Ridden Coal Plants
Credit to Author: Sonal Patel| Date: Thu, 17 Oct 2019 14:53:46 +0000
The post Financially Flailing Eskom Scrambles to Complete Defect-Ridden Coal Plants appeared first on POWER Magazine.
South Africa’s state-owned utility Eskom was forced to slash 2,000 MW on a rotational basis nationwide on Oct. 16 and Oct. 17. The newest round of power cuts—the first in nearly seven months—highlight the state-owned utility’s scramble to avert financial disaster stemming in part from the fast-tracked construction of two 4.8-GW coal-fired power plants: Medupi […]
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Read moreThe U.S. Wealth Gap Just Hit a Depressing 50-Year High
Credit to Author: Emma Ockerman| Date: Thu, 26 Sep 2019 16:45:26 +0000
It’s approaching levels seen in developing countries like Uganda and Nigeria.
Read moreGermany Announces $44.4 Billion Plan to Lessen Impact of Coal Plant Closures
Credit to Author: Darrell Proctor| Date: Wed, 28 Aug 2019 17:08:34 +0000
German officials on Aug. 28 approved a plan to spend as much as €40 billion ($44.4 billion) over the next 20 years on projects designed to lessen the impact of the country’s complete move away from coal-fired power generation. Peter Altmaier, the country’s economy minister, said the money will become available after lawmakers pass legislation […]
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Read moreIf You Hate Capitalism You Will Love This Map
Credit to Author: Edward Ongweso Jr| Date: Wed, 24 Jul 2019 11:50:33 +0000
The Black Socialists of America are hoping to put alternatives to capitalism on the map with their newest project.
Read morePernia hopes Duterte to certify proposed economic measures ‘urgent’
Credit to Author: The Manila Times| Date: Mon, 22 Jul 2019 08:00:22 +0000
SOCIOECONOMIC Planning Planning Secretary Ernesto Pernia hopes President Rodrigo Duterte to certify his proposed economic measures as urgent during the fourth State of the Nation Address on Monday. At the Batasang pambansa in…READ
Read moreChina GDP growth slows to 6.2% in second quarter
Credit to Author: jespinosa| Date: Mon, 15 Jul 2019 02:45:15 +0000
China’s growth slowed to its weakest pace in almost three decades in the second quarter, with the US-China trade war and weakening global demand weighing on the world’s number-two economy, official data showed Monday.
The post China GDP growth slows to 6.2% in second quarter appeared first on Inquirer News.
Read moreNew Negros Occidental governor vows to keep “bringing food to the table”
Credit to Author: racosta| Date: Mon, 01 Jul 2019 06:51:37 +0000
The 35th governor of the province of Negros Occidental on Saturday (June 29) took his oath of office promising to “continue to bring food to the table” by helping farmers become more productive.
The post New Negros Occidental governor vows to keep “bringing food to the table” appeared first on Inquirer News.
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