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Gene Ellis

Iowa Beef Processors, Boxed Beef and a New Big Four - 0 views

www.livinghistoryfarm.org/...money_17.html

iowa beef processors highlighted

shared by Gene Ellis on 30 Dec 12 - No Cached
  • Gene Ellis on 30 Dec 12
     
    Article by David Warsh on tech. change
Gene Ellis

U.S. Recovery Fares Well in a 5-Year Comparison - NYTimes.com - 0 views

www.nytimes.com/...ll-in-a-5-year-comparison.html

shared by Gene Ellis on 29 Dec 12 - No Cached
  • Gene Ellis on 29 Dec 12
     
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Gene Ellis

Car Factories Offer Hope for Spanish Industry and Workers - NYTimes.com - 0 views

www.nytimes.com/...nish-industry-and-workers.html

car offer hope spanish industry workers

shared by Gene Ellis on 28 Dec 12 - No Cached
  • Four years of economic turmoil and the euro zone’s highest jobless rate have made the Spanish labor market so inviting — an estimated 40 percent less expensive than those of Europe’s other biggest car-making countries, Germany and France — that Ford and Renault recently announced plans to expand their production in Spain.
  • Some experts say such gains in competitiveness and investment are exactly what Spain needs for its economy to recover and to remove any doubts about whether the country can remain in the euro union.
  • Because Spain no longer has its own currency to devalue as a way to lower the price of its exports, it is having to find its competitive advantage in lower labor costs. Many economists have argued that societies cannot survive such painful downward adjustments.
  • ...9 more annotations...
  • That is the lowest level since 1972.
  • Its trade deficit has been shrinking — down 28 percent for the first 10 months of this year,
  • “From 2008, we suddenly realized that we had lost a lot of competitiveness and needed to work very hard to improve things, particularly in terms of labor issues and logistics,
  • Over all, Spain’s unit labor costs — a measure of productivity — are down 4 percent since 2008, according to Eurostat, the European statistics agency.
  • In a related measurement, the most recent Eurostat data put Spain’s average hourly labor cost at 20.60 euros which was well below Germany’s 30.10 euros and France’s 34.20 euros.
  • Unlike most other Spanish industries, car manufacturing has no sectorwide collective bargaining agreement with unions. As a result, each carmaker has been able to adjust working hours with its own employees, in response to changing demand.
  • In return, the companies have promised workers that they will not be subjected to the huge layoffs made in other parts of the economy,
  • I don’t want to give lessons to anybody. But at such a delicate moment for Spain, showing that we believe in flexibility and consensus has certainly been highly valued by the carmakers.”
  • The car sector employs 280,000 people in Spain, including parts suppliers, and accounts for a tenth of the country’s economic output. About 85 percent of the industry’s workers are on long-term contracts.
Gene Ellis

European Debt Crisis - The New York Times - 0 views

topics.nytimes.com/...index.html

european debt crisis

shared by Gene Ellis on 24 Dec 12 - No Cached
  • European Debt Crisis Navigator A list of resources from around the Web about the European debt crisis as selected by Journalist's Resource, a project of the Shorenstein Center at Harvard.
  • The Eurozone Crisis: How Banks and Sovereigns Came to Be Joined at the Hip International Monetary Fund, November 2011
  • Gene Ellis on 24 Dec 12
     
    More resources on the debt crisis - a listing
Gene Ellis

Nathan Myhrvold: The Wealthy Should Fund Innovation | MIT Technology Review - 0 views

www.technologyreview.com/...wealthy-should-fund-innovation

mit technology review

shared by Gene Ellis on 20 Dec 12 - No Cached
  • Let’s be clear: conventional nuclear energy has drawbacks, principally that it relies on enriched uranium. That’s problematic for several reasons. In the first place, there’s not that much uranium: if you tried to scale conventional nuclear energy to meet the world’s energy needs, you’d run out.
  • In the U.S., more than 700,000 metric tons of depleted uranium—the by-product of enrichment—sits in storage.
  • TerraPower’s technology is designed to use that depleted uranium as fuel, turning the cheap by-product of today’s reactors into enough electricity to power every home in America for 1,000 years.
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  • he technology would also virtually eliminate the need for new enrichment facilities, which is important because enriched uranium is a proliferation risk.
  • Gene Ellis on 20 Dec 12
     
    Nuclear fuel possibilities...
Gene Ellis

Charlemagne: All hope not lost | The Economist - 0 views

www.economist.com/...ime-it-cured-all-hope-not-lost

shared by Gene Ellis on 19 Dec 12 - No Cached
  • Gene Ellis on 19 Dec 12
     
    Dec. 22nd, 2012
Gene Ellis

Reinventing the European Dream by Anne-Marie Slaughter - Project Syndicate - 0 views

www.project-syndicate.org/...reinventing-the-european-dream

shared by Gene Ellis on 19 Dec 12 - No Cached
  • Natural-gas fields in the Eastern Mediterranean are estimated to hold up to 122 trillion cubic feet, enough to supply the entire world for a year. More gas and large oil fields lie off the Greek coast in the Aegean and Ionian Seas, enough to transform the finances of Greece and the entire region. Israel and Cyprus are planning joint exploration; Israel and Greece are discussing a pipeline; Turkey and Lebanon are prospecting; and Egypt is planning to license exploration.
  • But politics, as always, intervenes. All countries involved have maritime disputes and political disagreements. The Turks are working with Northern Cyprus, whose independence only they recognize, and regularly make threatening noises about Israel’s drilling with the Greek Cypriot government of the Republic of Cyprus. The Greek Cypriots regularly hold the EU hostage over any dealings with Turkey, as has Greece. The Turks will not let Cypriot ships into their harbors and have not been on speaking terms with the Israelis since nine Turkish citizens were killed on a ship that sought to breach Israel’s blockade of Gaza. Lebanon and Israel do not have diplomatic relations.
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