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China Creates Jobs, Even as Growth Slows - Real Time Economics - WSJ

China Creates Jobs, Even as Growth Slows - Real Time Economics - WSJ | Economics | Scoop.it
“ China’s economic policy makers have trained their sights on the twin goals of growth and employment, insisting that growth needs to be near current levels to create enough new jobs.The government wants to create 10 million urban jobs and keep the official urban employment rate under 4.6%. Doing so, they believe, is key to ensuring social stability.But many economists say that the official reasoning is flawed and that China could withstand lower growth levels than the 2014 target of about 7.5% and still get all the jobs it needs to meet targets.”
Via SPF Economics
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Abigail Field: Privatization Is Driven By Private Greed and Public Cowardice (and Public Greed, Too) - naked capitalism

Abigail Field: Privatization Is Driven By Private Greed and Public Cowardice (and Public Greed, Too) - naked capitalism | Economics | Scoop.it
“ "Privatization" and "public-private-partnerships" for infrastructure and other public assets are scams driven by private greed and public cowardice.”
Via SPF Economics
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Poor Kids BBC Part 1 2011 - YouTube

“ Documentary telling the stories of some of the 3.5 million children living in poverty in the UK. It is one of the worst child poverty rates in the industrial...”
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Global food security: could wheat feed the world?

Global food security: could wheat feed the world? | Economics | Scoop.it
“ Donors, businesses and research groups have united to pledge to boost wheat yields by 50% in the next 20 years. Rob Dawson explains why and how”
Via SPF Economics
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Help to Buy helps boost housebuilders' shares

Help to Buy helps boost housebuilders' shares | Economics | Scoop.it
“ Britain's four biggest listed housebuilding firms have increased in market value by £7.2bn since the start of 2013”
Via SPF Economics
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Children's diets 'far too salty'

Children's diets 'far too salty' | Economics | Scoop.it
“ Children in the UK are eating far too much salt, with much of it coming from breads and cereals, research suggests.”
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Air pollution in China – in pictures

Air pollution in China – in pictures | Economics | Scoop.it
“ Beijing and broad swaths of six northern provinces have spent the past week blanketed in a dense pea-soup smog that is not expected to abate until Thursday”
Via SPF Economics
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Price-fixing claims at British universities to be investigated by watchdog - Telegraph

Price-fixing claims at British universities to be investigated by watchdog - Telegraph | Economics | Scoop.it
The Office of Fair Trading is to call for a full inquiry into "anti-competitive" practices at British universities
Via SPF Economics
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U.S. tries to have it both ways with solar trade policy | Grist

U.S. tries to have it both ways with solar trade policy | Grist | Economics | Scoop.it
“ The U.S. is trying to smash open solar-panel trade barriers in India, even while trying to protect American panel manufacturers from imports.”
Via jon inge, SPF Economics
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Becoming Italian Word by Word: Michelangelo "Draws" the Italian Language

Becoming Italian Word by Word: Michelangelo "Draws" the Italian Language | Economics | Scoop.it
How to communicate if you don't speak or read a language? Draw it! (Disegnalo!)Michelangelo, of course, knew that well. It was a common practice in the old days to hand-draw (disegnare a mano) items for the illiterate, such as Michelangelo's servant in this case. [...]
Via Mariano Pallottini
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Streaming music is good for UK labels, but are they good for streaming music?

Streaming music is good for UK labels, but are they good for streaming music? | Economics | Scoop.it
Latest industry figures hail growth fuelled by companies like Spotify, but are their businesses sustainable? By Stuart Dredge
Via Norbert Schiegl
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World's Largest Architecture Firm Arrives in Australia

World's Largest Architecture Firm Arrives in Australia | Economics | Scoop.it
“ Gensler, the architecture firm behind the Shanghai Tower, has opened its first Australian office in Sydney.”
Via Carol Logan
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Kit Kat break drives Nestle sales in the UK

Kit Kat break drives Nestle sales in the UK | Economics | Scoop.it
“ The public’s love affair with KitKats is continuing as the company behind the four-fingered chocolate bars revealed sales in the UK were some of the strongest in the world.”
Via SPF Economics
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China’s Inflation Slows More Than Estimated

China’s Inflation Slows More Than Estimated | Economics | Scoop.it
“ Consumer inflation in China moderated to an 18-month low and the decline in factory-gate prices persisted, giving the government more scope to loosen policies if a growth slowdown deepens.”
Via SPF Economics
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10 best alternative operating systems

10 best alternative operating systems | Economics | Scoop.it
“ Tomorrow's OS today: the desktops that Micrososft should watch closely. There's a whole world beyond Windows, after all…”
Via Ike Cerrada
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Golf isn't the only gender offender

Golf isn't the only gender offender | Economics | Scoop.it
“ Anna Kessel: The R&A's ban on female members may at last look doomed, but sport is still riddled with inequality of many kinds”
Via SPF Economics
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Education must tackle skills gap, says BCC - Telegraph

Education must tackle skills gap, says BCC - Telegraph | Economics | Scoop.it
“ John Longworth, director general of the BCC, to recommend “streaming” students at a younger age”
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The Invention Of 'The Economy'

The Invention Of 'The Economy' | Economics | Scoop.it
“ Until the Great Depression, nobody talked about "the economy." In a sense, it hadn't been invented yet.”
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More than a million children die on their first and only day of life, Save The Children reveals

More than a million children die on their first and only day of life, Save The Children reveals | Economics | Scoop.it
“ Cradling a newborn child is meant to be the happiest moment in any parent’s life. But for more than a million mothers and fathers, this joy will be short lived. According to Save The Children, more than one million babies die each year on their first and only day of life.”
Via SPF Economics
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Pay body urges 3% minimum wage rise

Pay body urges 3% minimum wage rise | Economics | Scoop.it
“ The Low Pay Commission has recommended a 3% increase in the minimum wage. The Unite union calls it a slap in the face for low-paid workers.”
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Walmart's In Trouble Because Its Customers Are In Trouble

Walmart's In Trouble Because Its Customers Are In Trouble | Economics | Scoop.it
“ NEW YORK, N.Y. - Wal-Mart Stores Inc. offered a weak profit outlook Thursday, signalling that it expects economic pressures to keep weighing on its low-income shoppers around the world.The world's largest retailer also said its fourth-quarter profit, which covers the crucial holiday season, dropped 21 per cent. Its Wal-Mart stores recorded their fourth consecutive quarter of declines in revenue at stores open at least a year.The company, which is based in Bentonville, Ark., said it would speed up growth plans for its smaller stores under Neighborhood Markets and Wal-Mart Express to cater to shoppers looking for more convenience.”
Via pdeppisch, SPF Economics
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The third horseman?

The third horseman? | Economics | Scoop.it
“ As the Turkish central bank more than doubles its main interest rate to shore up the currency and stem capital flight, fears escalate about the potential damage to emerging markets from the end of our era of ultra-cheap money.”
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With WhatsApp, Facebook aims for immediacy | NetworkWorld.com

With WhatsApp, Facebook aims for immediacy | NetworkWorld.com | Economics | Scoop.it
When's the last time you replied, promptly, to a message sent through Facebook? Aren't sure? Well Facebook, craving more real-time usage of its service, hopes to change that.On Wednesday the company said it was acquiring WhatsApp, a leading mobile messaging service used by people as an alternative to telecommunications carriers like AT&T and Verizon. Facebook said it was paying $16 billion for the five-year-old buzzy upstart.Facebook already provides some products for communicating online, but many people don't use them for quick back and forth conversations, CEO Mark Zuckerberg said Wednesday during a conference call with analysts following the company's announcement of the deal.Those products include a chatting client within Facebook's site on the desktop, as well as a standalone app, called Messenger, for mobile messaging. But those products, Zuckerberg said, are used mostly between people who are already Facebook friends, and not always in real time."Someone will send someone a message, and almost like a more informal e-mail, accept a reply later in the day," Zuckerberg said, specifically of the company's Messenger app. But WhatsApp, he said, evolved from replacing SMS."Those are two pretty big and different use cases, and the world needs both," Zuckerberg said.Or at least Facebook, evidently, needs both.Click headline to read more--
Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc
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Whatsapp got acquired by an insane amount! Wait, is it still safe to use whatsapp for work?

Whatsapp got acquired by an insane amount! Wait, is it still safe to use whatsapp for work? | Economics | Scoop.it
“ Facebook acquires Whatsapp for 19 billion This morning, it’s all great news for everyone of us in the messaging industry. Why because, our fellow competitor, Whatsapp is worth more than the following companies who have products that are tangible and profitable: Activison-Blizzard – $13.9B Alcoa – $12.2B American Airlines – $12.3B Akamai – $10.9B AmerisourceBergen – $15.9 Blackstone Group – $17.8B Campbell Soup – $13.6 Chesapeake Energy – $17.2B Chipotle – $17.1B Citrix Systems – $10.7B Coach – $13.5B Consolidated Edison (ConEd) – $16.2B Discovery Communicatons – $19.1B Dr. Pepper Snapple Group – $10.2B Expedia -$10.2B The Gap – $19B Fidelity – $15.8B Harley-Davidson – $14.1B Hertz – $11.5B Icahn Enterprises -$13.1B The J.M. Smucker Company – $10B Kohl’s – $11.1B Kroger – $19.4 Loews – $17B Macy’s – $19.6B Marriott International – $15.4B Mattel – $12B MGM Resorts – $12.7 Monster Beverage – $12B Moody’s – $17.08B News Corp – $10.27B Nielsen – $17.6B Nordstrom – $11.4B Progressive – $14.3B Ralph Lauren – $14.2B Red Hat – $11.1B Royal Caribbean Cruises – $11.4B Ryanair – $15.5B Sherwin-Williams – $19.4B Southwest Airlines – $14.7B Starwood Hotels & Resorts – $14.9B Symantec – $14.4B TD Ameritrade – $18.4B The Carlyle Group – $11.1B Tiffany & Co. – $11.4B Tyson Foods – $13.1B Under Armour – $11.4B Whole Foods Market – $19.3B Workday – $17B Xerox – $13.2B source: All the Major Companies Worth Less Than WhatsApp Tongue-in-cheek: So that makes us quite valuable too right… Is it still safe for us to use Whatsapp for work? Given Facebook notoriety with user data and privacy, I’m concerned with how they are going to use the data from Whatsapp. Like many others, I’m definitely just speculating on why Facebook would pay such a high price for Whatsapp and how would they possibly recoup or gain more out of this investment. Some opinions flying around A comment in the flurry of articles struck me: ” I thought of all companies, Facebook would now understand the true ‘value’ of a company that generates very little profit. But once all these are bundled together and the information they contain sold to the US government (behind closed doors of course) the real price will be paid. “ Here’s another: “ Monetization through ads is undermining the power of tapping into the omnipresent medium of communication, and they know it. (http://techcrunch.com/2014/02/19/whatsapp-will-monetize-later/) … If I were to take a guess, they are targeting more peer-to-peer marketplace functionality enabled via SMS. Think what mobile phones did to bridge the void of a banking system in rural parts of India. “ To be fair here’s a valid argument too: ” Really amazing outcome for WhatsApp.. You have to wonder how they came up with that valuation. Sounds like some back of napkin stuff, which should leave the Facebook shareholders a little upset.. Other than network effect I really don’t see what system of value WhatsApp has created that isn’t easily copied and disrupted overnight. Is this Facebook’s response to Google merging Hangouts with SMS on android? ” It’s a great piece of news nonetheless Regardless, it’s a great piece of news for everyone of us in this specific niche industry. We’re quite curious to know how it would work out for Facebook in the end. But if you’re really concerned and disturbed about this piece of news, you can always use qiscus. — qiscus - group messaging tool for teams working remotely. In many ways, qiscus’s interface is as familiar as using whatsapp. But that’s where it ends. Using qiscus, you can be superman/woman and manage multiple discussions on your mobile, then swing over to your laptop to quickly execute your tasks. qiscus is designed for teams, platform agnostic and it’s as easy to as chat but as powerful as a project collaboration tool. Supercharged your teams communication by giving qiscus a try”
Via Ike Cerrada
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3ders.org - Filament sculptures based on the behaviour of 3D printing | 3D Printer News & 3D Printing News

3ders.org - Filament sculptures based on the behaviour of 3D printing | 3D Printer News & 3D Printing News | Economics | Scoop.it
Instead of creating 3D models in a 3D programme and then simply have them printed out, Lia wanted to know what can be achieved with the actual properties of filament and the movements of the printhead.
Via Ionut Anton
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