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Business


7Vote!

GCP Carbon Budget Finds Global Anthropogenic CO2 Emissions Rose 2% in 2008 Despite Global Financial Crisis; Natural Sinks Not Keeping Pace With Increasing Emissions

Despite the economic effects of the global financial crisis (GFC), carbon dioxide emissions from human activities rose 2% in 2008 to an all-time high of 1.3 tonnes of carbon per capita per year, according to a new paper published by...

10Vote!

Seems obvious really

Britain’s bankers have warned that tough new laws on pay and bonuses to be announced in Parliament this week could trigger an exodus of talented professionals and stifle economic growth. There is a market in such people: whether there should be, whether it’s justified, is another matter: but there is indeed a market there. If restrictions [...]

3Vote!

The Naval Academy Wants Diverse Sailors, But No Gays Please

Afghanistan…What to do in Afghanistan? Uh, let’s just go with the same strategy the Russians used, and then add a few sprinkles of Donald Rumsfeld for pizazz. [Matt Yglesias] Marco Rubio is such a delicious stud muffin. [TPM] Barack Obama really isn’t into that “saving” thing. It’s not his style. Barack Obama will not save your job. [...] Barack Obama - Michelle...

7Vote!

Just remind me who wanted to bring HBOS and Lloyds together?

The Times's reveals that: "LLOYDS BANKING GROUP is being kept afloat with £165 billion of loans and guarantees from the Bank of England and other central banks around the world, The Sunday Times can reveal. The bank’s reliance on state funding, detailed in a document released last week in connection with a separate £21 billion fundraising, gives the first insight into the huge...

7Vote!

Johnson continues his return

"On the other side of things, Michael Johnson has had a massive absence from injury for a long, long time, so being in the squad will be a big lift for him." Johnson's call-up comes after the 21-year-old recovered from a long-term abdominal problem that limited him to eight City appearances last season. He could make his third appearance for the U-21s, 15 months after his last cap. >...

7Vote!

Mad Men, "The Grown-Ups": Watching too much television

Spoilers for the penultimate episode of "Mad Men" season three coming up just as soon as I take you to see "Singin' in the Rain"... "The Kennedy assassination is very well-trod territory, and I just don't see myself adding (anything) new to that." -Matthew Weiner, at the end of season two Weiner, like any artist, is allowed to change his mind, and so season three wound...

7Vote!
9Vote!

Chemical Fumes Drama At Heathrow

Image / Route79 Ambulances were on hand this morning to greet a British Airways plane from the US on which six passengers had fainted . After it had taxied to a remote part of the airport, emergency services personnel boarded the Boeing 777 wearing Hazmat suits amid fears that a chemical leak or a bug was responsible, though they were unable to find evidence of any noxious substances. None of the...

16Vote!

Martin Amis's problem is not Katie Price, but women

The attitude revealed in his remarks about the celebrity novelist is one of the reasons she sells more books than him It's always a little bit astonishing in these relatively enlightened times when someone who would like to be regarded as an important contributor to the cultural agenda relies on lazy, casual misogyny to attempt a critique. But it's the approach that Martin Amis has taken in adding...

3Vote!

China faces ‘economic slowdown’ in 2010 - Telegraph

Speaking in Shanghai over the weekend, Mr Roach said: “China’s growth model is much more about supply than demand. It’s not a sustainable model for China. It’s not a sustainable model for any nation.” He warned that China is overdependent on exports at a time when the global recession has sapped demand for its [...]

5Vote!

The rise and fall of oil production

Peak oil continues to make occasional appearances in the mainstream media, with the Daily Telegraph (UK) providing the latest example - The rise and fall of oil production . To date, the debate on "peak oil" has had little influence on UK energy policy. But a combination of strong demand growth, erosion of spare capacity and ominous warnings from analysts has heightened concerns. Global production...

3Vote!

BoE will remain open to Ponzi scheme operators

Stacy Summary: What do you think about Tucker’s argument that he prefers not to target asset bubbles but to ’strengthen resilience’ of the banking system during credit booms? By giving them more taxpayer money? If so then those taxpayers who will have to bailout the scheme when it busts would be chumps not to [...]

12Vote!

It wasn’t only the cars that were shite

GM: In an article for Fortune magazine, Rattner offered a savage verdict on the leadership culture at the industrial giants, singling out GM’s former boss Rick Wagoner for his “friendly arrogance”, and top executives’ reluctance to mix with workers. “Everyone knew Detroit’s reputation for insular, slow-moving cultures,” he said. “Even by that low standard,...

10Vote!

Do these people know what they’re doing?

On these limits on financial market pay. On average, under Mr Feinberg’s plan, the total compensation of the 175 executives affected will fall by 50pc. But basic cash salaries will see the biggest reductions, being cut by as much as 90pc in extreme cases. At AIG Financial Products, the London-based division [...]

11Vote!

Defining Nixon down

DEFINING NIXON DOWN.... Republicans and a few too many political reporters seem to have decided on a new attack meme for the week: President Obama reminds them of Nixon. ABC News' "The Note" is pushing the line today. Fox News...