Kansas City’s convention center filled with 750 retirees and workers fighting to stop proposed cuts to their pensions, in many cases by half or more. The Central States Pension Fund said it must cut benefits now to avoid collapse. The proposal is the first test of a controversial 2014 pension law that also is under attack.

Some brands promising 100 percent purity contained no Parmesan at all." data-ephemeral="true

the outlook for natural gas demand is often considered bright, especially for gas used to generate electricity. This is because gas is the cleanest of all fossil fuels. The carbon intensity of modern gas-fired power stations is less than 50% that of modern coal plants.

We use a large dataset on retail pricing to document that a sizable portion of the cross-sectional variation in the price at which the same good trades in the same period and in the same market is due to the fact that stores that are, on average, equally expensive set persistently different prices for the same good. We refer to this phenomenon as relative price dispersion. We argue that relative price dispersion stems from sellers’ attempts to discriminate between high-valuation buyers who need to make all of their purchases in the same store and low-valuation buyers who are willing to purchase different items from different stores. We calibrate our theory and show that it is not only consistent with the extent and sources of dispersion in the price that different sellers charge for the same good, but also with the extent and sources of dispersion in the prices that different households pay for the same basket of goods and with the relationship between prices paid and the number of stores visited by different households.

Russian Prime Minister Dmitry Medvedev says that any ground operation by foreign troops in Syria will lead to "a full-fledged, long war."

Descargar informe: https://www.juandemariana.org/investigacion/archivo-de-publicaciones/mitos-y-realidades-sobre-la-desigualdad-en-espana.

Authorities ordered more than 250 shopping centers to find other sources of power from 1:00 to 3:00 pm and again from 7:00 to 9:00 pm, for the next three months.

President Recep Tayyip Erdogan on Friday blasted as “laughable” Russia’s accusation that Turkey was actively preparing to invade Syria.

The market has become distorted and corrupted, sending out misleading price
signals

"Do they really think they would win such a war very quickly? That's impossible, especially in the Arabic world. There everyone is fighting against everyone... everything is far more complicated. It could take years or decades."

For the first time, scientists have detected tiny, rhythmic distortions in space and time - gravitational waves - predicted by Einstein 100 years ago.

bueno como google no me ayuda estoy buscando ayuda aqui xD busco una manera de hace que dnscrypt me pille como resolver los DNS que estan en dnscrypt-resolvers.csv pero al azar o que cambien de DNS cada X sec/min gracias xD

There could come a point at which Turkey says "goodbye" to migrants,
Recep Tayyip Erdogan warns EU

Un divorcio amistoso, es mejor que un mal matrimonio. Los defensores del Brexit apuestan por las posibilidades de un futuro independiente en el mundo. Creemos que esta visión es mejor no sólo para el Reino Unido, sino también para nuestros aliados europeos

Iran could get more than five times as much cash from oil sales by year-end as the lifting of economic sanctions frees the OPEC member to boost crude exports and attract foreign investment needed to rebuild its energy industry." data-ephemeral="true

Wolfgang Schaeuble gave no details on how high the extra levy on petrol should
be, but said it would pay for costs such as securing Schengen's external
borders

https://mises.org/library/let%E2%80%99s-hope-machines-take-our-jobs-we-want-wealth-not-jobs


The job-threatening rise of the machines is an economically illiterate meme that refuses to die. We’re actually probably in the early stages of it, a bull-market in neo-luddism, if you will. Bastiat’s “Candlemakers Petititon” answered this one long ago, but today I’ll run a little thought experiment that owes it all to good old Bastiat.

Let’s say Weird Al Yankovic invents a machine capable of making everything with a single push of a button. The first thing he does is print up a bunch of machines and sell them for a ton. Weird Al is now a billionaire, and there are thousands of make-everything machines.

This diffusion of Weird Al’s new technology replicates the market process, where new tech spreads in proportion to its usefulness. If you doubt this, because of patents, for example, check out Brazil’s experience with AIDS drugs, where they tore up the patents on humanitarian grounds.

Weird Al’s machines will, at a minimum, be mass produced in Brazil. Or China. Or Mozambique.

So, one way or another, we get a bunch of make-everything machines.
What happens to the jobs? We’re getting everything for near-free now. So all the production jobs disappear. There are still lots of jobs, of course — child-care, gardeners, musicians. But all the production jobs have vanished — something like 20 percent of jobs, maybe up to 50 percent when you include knock-on replacement of people by capital (truck drivers, robot bartenders). Heck, let’s go crazy and say 90 percent of the jobs vanished. Nobody’s got a job outside of preschool or performing on a stage. It’s the end of the world, right?

Well, the key here is that, now that everything is made with the push of a button, everything’s extremely cheap. For example, a sixteen-bedroom house or a Lamborghini costs almost nothing. Let’s say they now cost ten cents.

The main expense in such a world is probably surface space. To park all those dime-a-dozen cars. It’d take a while to “run out” of space, though — divide the world by the people and you get about twenty acres (eight hectares) for a family of four — about 100 large surburban yards. Add in the oceans — floating islands cost nothing, remember — and triple that. We end up with about 300 homes-worth of space per family.

What about those unemployed people? Well, when a house or a year’s food costs a dime, they’ll be willing to work really cheap. We’ll work for a penny a day. After all, that’s a new house or a years’ food every two weeks.

Who would hire these workers for a penny? Plenty of people. Heck, if workers cost a penny a day I’d hire several for each of my children. Just to keep the kids from getting bored. I’d hire another to cook, one to clean, one to run errands. One to keep track of my mail. One to check Facebook for me. At a penny a day I’d personally hire 100 people, easy. You would too — a buck a day’s nothing.

So the remaining 10 percent of workers who didn’t lose their jobs — babysitters, baristas, musicians — would want 100 workers each. Even at a penny, they’d take them all, and they’d be paying an outrageous rate — a tenth-house per day! That’s a daily rate of $15,000 in today’s terms.

Now, those who kept their jobs would, of course, see dropping wages. A barista who made $12 an hour in the old days would have to compete with the hordes of unemployed workers. Maybe her wage would drop to a penny, too. But, remember, a penny now buys $15,000 worth of stuff.

When the smoke clears, most people would make some extremely low wages — a penny a day. And that extremely low wage would be worth an awful lot — $15,000 a day. Implying an annual income north of several million dollars in today’s values. Some lucky few would make a dollar a day — probably the people who are good at things machines cannot do: entertainment, child-care, being a good listener, strumming the guitar at the old-folks’ home, and laughing at jokes. At a dollar a day, this super-rich elite that excels at human skills — such as making us laugh — would be billionaires in today’s values.

Either way, there would be nothing we think of even remotely as “poverty.” Sure, there’ll be inequality, but it’ll be of the sort “Sarah’s got 200 Lamborghinis and I’ve only got 40.”

The upshot is that wages plunge, but production costs plunge even more. Of course, this is based on the ridiculous Weird Al machine. Why do this? To illustrate the absolute worst-case scenario, when machines make everything for near-nothing.

What about going one step further, that the machine destroys all jobs in the whole world — it makes every single thing for us free, and it even keeps the folks entertained and the warm fuzzies flowing at the old folks’ home.

Renault SA shares plunged the most in 17 years after a union said French fraud investigators seized computers from the automaker, apparently as part of a probe into emissions testing." data-ephemeral="true

Up to 2,000 refugees living at the Jungle camp in Calais are to be evicted this week ahead of large sections of the site being bulldozed, aid workers in the area have claimed. More than 300 women and 60 children are understood to be among those facing eviction from the site amid claims the French government wants to dismantle up to a third of the camp.

"Three bucks. For a cucumber."" data-ephemeral="true