“In addition to the minimum 30 percent black ownership requirement, mining company boards must be 50% black people with 20% black women.”
“Beinner highlights the increase of global debt, now upwards of $237 trillion and the way the debt has been dispersed as risks to the economy. Rather than banks holding most of the debt as it happened in the financial crisis, this time it’s hedge funds, private equity and investment managers holding most of it. Also worrisome, he says, ratings agencies are again being overly generous with their appraisals allowing for companies with very high debt levels to gain investment-grade ratings.”
Read more: https://finance.yahoo.com/news/fund-managers-say-see-next-economic-crash-looming-144251620.html
“It’s truly astonishing that someone so dangerous and out of touch has been able to rise to power. And even more astonishing how quickly it’s happened.”
“State and local officials are doling out $4.5 billion and 1,000 acres to lure the Taiwanese manufacturing giant.”
“From DIY guns to designer drugs, classic-car parts, and human livers, 3D printing promises a dynamic and uncontrollable world.”
Read more: https://reason.com/archives/2018/06/12/you-can-soon-manufacture-anything/print
“Unfortunately, shows of force are sometimes the only thing that works to repel an attacker.”
“Lonsdale and Luckey argue that building cheaper, more efficient systems is a virtuous pursuit, saving taxpayer dollars. Anduril’s Palantir pedigree may have prepared it for criticism.”
Read more: https://www.wired.com/story/palmer-luckey-anduril-border-wall/
“A large group of Internet pioneers have sent an open letter to the European Union urging it to scrap a proposal to introduce automated upload filters, arguing that it could damage the internet as we know it.”
Read more: https://www.theregister.co.uk/2018/06/12/eu_copyright_filter/
“There are now over 10,000 migrant children in government custody in 100 U.S. shelters in 14 states. All 10,000 of these children have been forcibly separated from their parents.”
“Domino’s has already been working with four municipalities to help repair potholes on roads, including Bartonville, Texas, Milford, Delaware, Athens, Georgia, and Burbank, California.”
