Category: News

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Trade wars

The U.S. and China have been battling for the leadership in world trade over the last decade. Many American congressmen and women believe that china has not been acting fairly because of their money policies that undervalue the Yen. This is costing American jobs and is unfair to Chinas own workforce.

Though America has long resisted imposing duties on foreign goods, this is currently being considered as an option. I think our country should have the right to impose duties on Chinese goods to even out the playing field.

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Wal-Mart

In these difficult economic times, many companies are thinking outside the box for ways to improve their bottom line. One company that is trying to do this is Wal-Mart. They are reported to be looking for locations that will be a lot smaller than the typical store we are used to. They are scaling down.

The company is hoping to reach more people by having a number of smaller stores in certain areas. In this way, they can specialize their products more efficiently and reach a broader number of customers. I’m glad they are thinking ahead and wish them luck.

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Tigers are high

The BBC reported that a television crew spotted a population of tigers that live in the remote nation of Bhutan in the Himalayas. What was most interesting was the fact that the tigers were living at such a high altitude. One female tiger was found at an altitude of 4,100 meters.

The findings have raised hopes for many conservationists that are concerned about lost habitat for the animals. Knowing that they can survive in such a habitat has raised hopes that their numbers can be raised in the wild.

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Medicare fraud

Since the Obama administration has been working hard to fix the Medicare program, they have come up with many ideas on how to save money. One way they have identified was to eliminate fraud. It is estimated that millions of dollars are wasted every year on fraudulent payments. The problem is being made worse by investigators who are not doing their job.

A recent investigation showed that contractors hired to find fraudulent claims are doing a poor job. Some senators are looking into the situation and are shocked by the low number of prosecutions. The good news is that the whole program is being revamped and officials hope that fraudulent claims will diminish as a result.

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Some Peace

After many years of strife, the Israelis and Palestinians are once again talking peace. While there is a lot of skepticism about the results of such talks, some are hopeful just because they are talking. Several issues are being discussed and some small headway has been made already.

The United States is doing their part by supporting efforts on both sides. The ultimate goal is to achieve a permanent peace settlement. Each side will have to make some painful decisions and make concessions to the other side. I hope the people of each country will encourage their leaders to make peace.

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Breakout

The department of corrections in Arizona announced today that three inmates have escaped. Tracy Province, Daniel Renwick, and John McCluskey cut a hole in the fence at the Arizona State Prison and got away on Friday. The men were helped by a woman named Casslyn Mea Welch who helped them make their getaway.

The men then kidnapped two truck drivers and used their vehicle to drive toward the Flagstaff area. The men then escaped on foot and left the truck drivers unharmed. Police say the men may be dangerous as all three were convicted of murder. Anyone who sees these men should report it their local authorities immediately.

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Marriage

One thing that has been in the news a lot lately is the long awaited marriage of Chelsea Clinton to marc Mezvinksy. The couple will be wed on July 31. The tabloids have been having a field day trying to make the wedding into a major event. I am sure the coverage of the wedding will be thorough and exhausting.

I wish the newlyweds all the best in their new life together. I hope they can be happy and avoid a lot of unnecessary coverage from snooping news reporters.

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Thanks Jack

While most people cringe when they hear that a hacker is breaking into their computers, sometimes it’s a good thing. Hacker Barnaby Jack has been working on hacking into ATM machines for the last several years. The difference between jack and the rest of the hackers is that he is doing it for a good reason. He wants to help make ATM machines safer.

At a conference in Las Vegas, Jack demonstrated two ways he found of getting an ATM machine to spit out all its money. Industry officials watch with concern as their machines were robbed. Luckily, jack is helping the companies make their machines safer. I am glad that jack is on our side!

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It’s Stopped!!

All along the Gulf coast, residents are hoping that the oil spill has finally been stopped. BP has announced that the newest cap seems to have been successful in holding back the oil. While there is still testing to be done, everyone has the highest hopes that the cleanup and recovery can begin.

There is still work to do for BP though. Plans for a relief well are being carried out as well as plans to cement the pipe shut. Lets all hope that the fish and fowl in the area can begin to recoup the habitat they lost. Either way, it’s a great day to remember for everyone involved in the spill.

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Concert tickets

For many years, going to concerts was a major source of entertainment for millions of people. Lately, this form of fun has been dropping off as the economy has slowed. Going to see a major act can be expensive and the industry is starting to feel the pain. Ticket sales are down for many big stars all across the country.

Some stars have actually cut short their tours or cancelled them altogether. Other stars have been resistant to the downturn and continue to do well. Many in the industry expect that good times will return soon and that the music will continue to play.