Stoners get high on love with marijuana dating sites … Dinner and a movie make for a typical date night but dinner followed by a joint could raise some eyebrows or be a turn-off despite increasing acceptance of marijuana use across the United States. So now, tuned-in stoners and users of medical pot are turning on to dating websites that cater exclusively to tokers or, at the very least, the...Read More
Global deal on growth as G20 agrees to add 1.8pc to economic output … A GLOBAL deal on growth appears on track to create millions of jobs after the world's most powerful finance ministers announced plans to add at least 1.8 per cent to their combined economic output. The G20 finance summit has ended in Cairns with a renewed commitment to a growth target that is meant to add $2 trillion t...Read More
Suspicions Run Deep in Iraq That C.I.A. and the Islamic State Are United … The United States has conducted an escalating campaign of deadly airstrikes against the extremists of the Islamic State for more than a month. But that appears to have done little to tamp down the conspiracy theories still circulating from the streets of Baghdad to the highest levels of Iraqi government that the C.I.A...Read More
Global deal on growth as G20 agrees to add 1.8pc to economic output … A GLOBAL deal on growth appears on track to create millions of jobs after the world's most powerful finance ministers announced plans to add at least 1.8 per cent to their combined economic output. The G20 finance summit has ended in Cairns with a renewed commitment to a growth target that is meant to add $2 trillion t...Read More
Suspicions Run Deep in Iraq That C.I.A. and the Islamic State Are United … The United States has conducted an escalating campaign of deadly airstrikes against the extremists of the Islamic State for more than a month. But that appears to have done little to tamp down the conspiracy theories still circulating from the streets of Baghdad to the highest levels of Iraqi government that the C.I.A...Read More
Fed and TWTR Overvaluation, Evidence of Looming Market Crash … The Federal Reserve Wednesday reassured investors that it will hold interest rates near zero for a "considerable time" after it ends the bond-buying program known as quantitative easing in October. In response, the Dow Jones Industrial Average (,DJI) closed at a new record high. Former Director of the Office of Manageme...Read More
Kim Dotcom, Online Renegade, Shakes Up New Zealand Election … It was not an ordinary political rally, but it has been anything but an ordinary election. The hundreds of people who packed Auckland Town Hall on a recent evening were regaled by speeches by Glenn Greenwald, a Pulitzer Prize-winning journalist; Julian Assange, the WikiLeaks founder; and Edward J. Snowden, the former National Secu...Read More
Fed and TWTR Overvaluation, Evidence of Looming Market Crash … The Federal Reserve Wednesday reassured investors that it will hold interest rates near zero for a "considerable time" after it ends the bond-buying program known as quantitative easing in October. In response, the Dow Jones Industrial Average (,DJI) closed at a new record high. Former Director of the Office of Manageme...Read More
Kim Dotcom, Online Renegade, Shakes Up New Zealand Election … It was not an ordinary political rally, but it has been anything but an ordinary election. The hundreds of people who packed Auckland Town Hall on a recent evening were regaled by speeches by Glenn Greenwald, a Pulitzer Prize-winning journalist; Julian Assange, the WikiLeaks founder; and Edward J. Snowden, the former National Secu...Read More
Federal Reserve Catch of the Day: Obama's Damaging Neglect of the Fed …The Catch goes to Matt Yglesias, who writes today about "the biggest mistake of Obama's presidency: the systematic neglect of the Federal Reserve and of his ability to influence its course of action." Yglesias notes that two Fed seats remain vacant and without nominees. He gives the sorry history of disr...Read More
Alone, Scotland will go back to being a failed state … Yes supporters are hoping Scotland will become a Scandinavian paradise. But with its history of bitter internal divisions, it is likely to go the opposite way. The Union was a success partly because it sublimated the bitter Scottish divisions in a larger United Kingdom. – UK TelegraphDominant Social Theme: What a disaster. The worl...Read More
Federal Reserve Catch of the Day: Obama's Damaging Neglect of the Fed …The Catch goes to Matt Yglesias, who writes today about "the biggest mistake of Obama's presidency: the systematic neglect of the Federal Reserve and of his ability to influence its course of action." Yglesias notes that two Fed seats remain vacant and without nominees. He gives the sorry history of disr...Read More
Alone, Scotland will go back to being a failed state … Yes supporters are hoping Scotland will become a Scandinavian paradise. But with its history of bitter internal divisions, it is likely to go the opposite way. The Union was a success partly because it sublimated the bitter Scottish divisions in a larger United Kingdom. – UK TelegraphDominant Social Theme: What a disaster. The worl...Read More
Competition Is for Losers … If you want to create and capture lasting value, look to build a monopoly, writes Peter Thiel … Only one thing can allow a business to transcend the daily brute struggle for survival: monopoly profits. What valuable company is nobody building? This question is harder than it looks, because your company could create a lot of value without becoming very valuab...Read More
The US is now involved in 134 wars or none, depending on your definition of war …The White House spent much of last week trying to figure out if the word "war" was the right one to describe its military actions against the Islamic State. US Secretary of State John Kerry was at first reluctant: "We're engaged in a major counterterrorism operation," he told CBS News on...Read More
Competition Is for Losers … If you want to create and capture lasting value, look to build a monopoly, writes Peter Thiel … Only one thing can allow a business to transcend the daily brute struggle for survival: monopoly profits. What valuable company is nobody building? This question is harder than it looks, because your company could create a lot of value without becoming very valuab...Read More
The US is now involved in 134 wars or none, depending on your definition of war …The White House spent much of last week trying to figure out if the word "war" was the right one to describe its military actions against the Islamic State. US Secretary of State John Kerry was at first reluctant: "We're engaged in a major counterterrorism operation," he told CBS News on...Read More
It was the time of unraveling. Long afterward, in the ruins, people asked: How could it happen? It was a time of beheadings. With a left-handed sawing motion, against a desert backdrop, in bright sunlight, a Muslim with a British accent cut off the heads of two American journalists and a British aid worker. The jihadi seemed comfortable in his work, unhurried. His victims were broken. Terror is th...Read More
Only a monetary 'nuclear bomb' can save Italy now, says Mediobanca …The OECD has drastically cut its growth forecast for Italy. The depression will drag on though most of 2015. The economy will contract by 0.4pc this year. It will remain stuck in the doldrums next year with growth of just 0.1pc. If so, Italy's public debt will spiral to dangerous levels next year, ever further be...Read More
It was the time of unraveling. Long afterward, in the ruins, people asked: How could it happen? It was a time of beheadings. With a left-handed sawing motion, against a desert backdrop, in bright sunlight, a Muslim with a British accent cut off the heads of two American journalists and a British aid worker. The jihadi seemed comfortable in his work, unhurried. His victims were broken. Terror is th...Read More