Economics

Gold Wipes $560 Billion From Central Banks as Equities Rally

Investors are dumping gold funds at the fastest pace in two years in favor of equities, compounding a slump that has wiped $560 billion from the value of central bank reserves. Exchange-traded products linked to gold dropped $37.2 billion in 2013 as the metal reached a two-year low yesterday. Gold funds suffered net outflows of $11.2 billion this year through… Read more →

No poultry contact in some China bird flu cases: WHO

Photo Credit: REUTERS/Aly Song (Reuters) – The World Health Organization said on Wednesday that a number of people who have tested positive for a new strain of bird flu in Chinahave had no history of contact with poultry, adding to the mystery about the virus that has killed 16 people to date. Chinese authorities have slaughtered thousands of birds and closed some… Read more →

Study reveals GMO corn to be highly toxic

AFP Photo / Paul J. Richards A leaked study examining genetically-modified corn reveals that the lab-made alternative to organic crops contains a startling level of toxic chemicals. An anti-GMO website has posted the results of an education-based consulting company’s comparison of corn types, and the results reveal that genetically modified foods may be more hazardous than once thought. The study,… Read more →

Clashes in Venezuela after Maduro’s contested victory

After the tightest of presidential election outcomes hundreds of protesters have clashed with police in the Venezuelan capital. Violence erupted after the losing candidate Henrique Capriles called for a recount. Capriles lost Sunday’s poll to replace the late Hugo Chavez by less than two per cent and after claiming to have evidence of numerous voting irregularities he has refused to… Read more →

Obama’s budget focuses on teen ‘safe sex’ at the expense of abstinence

WASHINGTON, D.C. – President Barack Obama believes educating students about safe sex is more important than explaining how to avoid sex in the first place. That was the message Obama sent this week when his proposed budget cut funding for sexual risk avoidance (abstinence education) and moved the money to sex-ed programs that stress contraception, WorldMag.com reports. The National Abstinence Education Association… Read more →

Obama Budget Director Doesn’t Know How Much Debt Is In His Plan

WASHINGTON, April 11–In a hearing today in the Budget Committee, President Obama’s budget director, Jeff Zients, admitted he did not know how much debt was added under the President’s plan, saying that “there are a lot of numbers there…” To view a table from the President’s own budget that shows debt climbing to over $25 trillion, please click here: http://1.usa.gov/110w1Ic

SCIENCE OVERHAUL: Textbooks to Push Climate Change in New Curriculum

The release of proposed new national science standards, including the emphasis of manmade climate change, will alter the classroom landscape for millions of students in the United States, as well as for at least one education publisher readying for the “major” undertaking. The Next Generation Science Standards, which were released Tuesday after development by 26 states and several national scientific… Read more →