Monthly Archives: September 2013

Genetic modification blamed for rejected Washington alfalfa crop

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“Authorities were investigating a new suspected case of crop contamination on Thursday – the second in the Pacific northwest in five months – after samples of hay tested positive for genetically modified traits. The investigation was ordered after a farmer in Washington state reported that his alfalfa shipments had been rejected for export after testing positive for genetic modification. Results were expected as early as Friday. If confirmed, it would be the second known case of GM contamination in a major American crop since May, when university scientists confirmed the presence of a banned GM wheat growing in a farmer’s field in Oregon.”

http://www.rawstory.com/rs/2013/09/12/genetic-modification-blamed-for-rejected-washington-alfalfa-crop/

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Tufts University: Study promoting GMO ‘golden rice’ violated ethics rules

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“Tufts University researchers revealed Tuesday that a member of their team violated ethics rules in a study designed to measure the nutritional efficacy of so-called ‘golden rice,’ genetically modified rice with the nutrient beta carotene added. No one on Tang’s team saw fit to inform the parents of the 24 children from Hunan province, ages 6 to 8, that the children were eating gene-modified food. Chinese journalists found an email to the research team from a Chinese government official urging scientists not to speak openly of genetic modification, a subject deemed ‘too sensitive’ to discuss with the families.”

http://www.rawstory.com/rs/2013/09/18/tufts-university-study-promoting-gmo-golden-rice-violated-ethics-rules/

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High Tech Heads for the Farm

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“On the basis of population growth alone, world food demand will increase by over 30%. But in addition to the increase in the number of people on the planet, growing affluence will also have a significant impact on global food demand. Today, there are about 2 billion people worldwide who are considered to be in the middle class; within 20 years, the number is expected to expand to 5 billion, with almost all of the increase coming from emerging markets. As these people enter the middle class, they will be able to afford to consume more food. Furthermore, they will be able to consume—and will demand—higher protein diets, i.e., more meat and dairy products.”

http://www.caseyresearch.com/cdd/high-tech-heads-for-the-farm

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10 investing insights from Street Smarts by Jim Rogers

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“If you were an investor and become a millionaire or even a billionaire by the age of 37, what would you do?  Are you considering kicking your heels up, relaxing in your new mansion while looking ahead to a future of recreation and fun?  Maybe you go the other direction. Resting with riches might be as lifeless as a phone booth.  Perhaps you could create a lifelong journey, over the course of which making the whole world your backyard. You might be inspired to literally ride a motorcycle around the world, observing and learning about the planet earth while doing so. Maybe you’d be inspired to chronicle the journey, turn it into a benchmark for global investing, and then do it all over again.”

http://crownpublishing.com/feature/10-investing-insights-from-street-smarts-by-jim-rogers/

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Jim Rogers on Financial Globalization and Mining Opportunities

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“Mr. Rogers added that China should ‘globalize the Renminbi in the next 20 minutes rather than the next 20 years’. He thought that China is currently the world’s second largest economic entity as well as the country with most amount of foreign exchange reserve, ‘there is no reason to restrict the Renminbi globalization. It is good for all Chinese people, as Renminbi globalization means all investors worldwide can invest in China, which will bring great market opportunities to China’s commodities. Stock price in China will rise, China will become the world’s center for commodity transaction, China’s financial market will be the best in the world.”

http://www.4-traders.com/ZIJIN-MINING-GROUP-CO-L-6500182/news/Zijin-Mining-Group-Co-Ltd–Chen-Jinghe-Dialogues-with-Rogers-on-Financial-Globalization-and-Mini-17253980/

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Massive Kenya water discovery will transform drought-prone ‘cradle of mankind’

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“UNESCO and the Kenya Government today announce the discovery of one of the worlds largest underground water aquifers in the desert north of Turkana, an area best known for fossils, famine and poverty. The finding by Radar Technologies International (RTI) was made using space based exploration technology called WATEX system. The largest aquifer at 250 billion cubic meters of water which is equivalent in volume to Lake Turkana one of the largest lakes in the Great Rift Valley, and 25 times greater than Loch Ness. More importantly the annual recharge rate, the amount of water that can be sustainably exploited per year, is estimated to 3.4 billion cubic meters.”

http://www.rawstory.com/rs/2013/09/11/massive-water-discovery-will-transform-drought-prone-cradle-of-mankind-in-northern-kenya/

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The true raw material footprint of nations

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“The amount of raw materials needed to sustain the economies of developed countries is significantly greater than present indicators suggest, a new Australian study has revealed. Using a new modelling tool and more comprehensive indicators, researchers were able to map the flow of raw materials across the world economy with unprecedented accuracy to determine the true ‘material footprint’ of 186 countries over a two-decade period (from 1990 to 2008). The study was published today in the US journal Proceedings of the National Academy of Sciences. It reveals that the decoupling of natural resources from economic growth has been exaggerated.”

http://newsroom.unsw.edu.au/news/science-technology/true-raw-material-footprint-nations

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Africa’s baby-boom: Population to double by 2050

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“By 2050, many African states will likely more than double in population. Kenya will rise from 44 million to 97 million people, and Nigeria from 174 million to 440 million. Some nations will nearly triple their growth, the reports finds. Somalia will have 27 million people in 2050, up from an estimated 10 million today; the Democratic Republic of Congo’s 71 million population is predicted to rise to 182 million. The total number of people on the continent is predicted to rise from 1.1 billion to 2.4 billion. India, currently the second most populous country in the world, will overtake China to become the most populous by 2030.
The US population was estimated to rise from 316 million to 400 million.”

http://www.csmonitor.com/World/Africa/2013/0912/Africa-s-baby-boom-Population-to-double-by-mid-century

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Jim Rogers warns of world economic slowdown, praises RMB

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“Rogers reiterated his optimism on the RMB, describing it as ‘the only currency that can compete and replace the U.S. dollar.’  A recent BIS report showed that the Chinese yuan has broken into the top 10 of the most traded currencies in the world for the first time.  ‘I will buy more RMB whenever I can. If anyone wants to sell RMB, come and see me afterwards,’ he quipped during his speech.  He praised the government’s endeavors to make the currency more convertible, but hoped that the pace could be faster.  In contrast, Rogers called the U.S. dollar ‘flawed’ and ‘troubled’. However, he still has to own the dollar because people go to the greenback when there is economic turbulence, he said.”

http://www.chinadaily.com.cn/china/2013-09/07/content_16952079.htm

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Pay heed to the internet’s Third Wave Cows of Disruption

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“‘We don’t do PayPal, we don’t do any of the credit cards. They charge too much, that eats into our profits, and we have to pass that on to the consumer. Direct payment and Bitcoin, they cost us nothing.’  Yes, Bitcoin.  Honest Beef started accepting the digital currency earlier this year. Is anyone using it? ‘Plenty,’ Moloney said. ‘The last two animals we sent off, we had [those] two pay by Bitcoin, and we’ve got a third waiting. We’re probably getting 10 to almost 20 percent of our customers paying by Bitcoin now.’ Now, there’s nothing particularly high-tech about Honest Beef. There’s a website and Bitcoin, sure, but the rest is just telephones and trucks, emails and evisceration.”

http://www.zdnet.com/pay-heed-to-the-internets-third-wave-cows-of-disruption-7000020878/

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