Whoever feels rich people have too much influence in politics should continue to read, the others too. According to data from the national corruption office, the newly sworn in 36 head strong government of Thailand consists mainly of US$-millionaires. Prime minister Yingluck Shinawatra, sister of former Prime Minister and media champion Thaksin Shinawatra (overthrown in…
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China’s generally very effective development machine faces new challenges. With inflation on the rise and heavily relying on export oriented low cost and energy intensive industries, China’s bureaucracy scrambles to keep electricity costs down. One might consider this to be an easy task. After all, utilities are state controlled and basically have to follow orders….
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Plentiful and now melting snow has completely filled many reservoirs in the US North-West. To the extent actually that operators are now forced to produce too much electricity destroying demand for the output of the many wind power stations in the region. In an unprecedented step, wind farms are now regularly taken from the grid…
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At the same time as in Japan the core of the nuclear plant of Fukushima is melting, German and Swiss right wing politician’s positions concerning nuclear energy are faltering. It is close to revolutionary that one of the leading newspaper publishes an article speaking of significant externalized (unaccounted) costs of nuclear power, hidden public subsidies…
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Since the golden 60′s, 70′s and 80′, Japan is stagnating. The population is rapidly shrinking, the economy, despite huge state interventions, is sluggish, prices are decreasing and consumers postponing purchases. In 2010, Japan – contrary to the expectation only 20 years before, to taking over number one from the US – was overtaken by China…
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