11-24-2015, 10:22 PM
Italy plans to launch a series of bad bank-style measures as early as the end of the year in an effort to cut its 330 billion ($350.4 billion) pile of non-performing loans (NPLs) as it seeks a "silver bullet" to boost its weak economic recovery, say senior officials.
Italy plans bad bank-style debt clean-up to aid recovery
The recent jump in stock prices has one important group of disbelievers. Corporate insiders have been dumping shares at the highest pace in 4½ years, according to market data firm TrimTabs. The selling averaged $450 million a day in November, the highest since May 2011.
Insiders sending an ominous market signal
The IPPR said that unemployed workers risked being left behind as globalisation and technological progress lead to changes in the skills that employers require. German investment The report suggested that European countries look to Germany as a good example of maintaining workplace skills and high productivity rates. Germany - Europe's largest economy - invests 50% more on average than other countries in research and development.
Europe recession 'could be permanent', think tank warns - BBC News
Americans generate about 4 and a half pounds of trash per person, per day, or 254.1 million tons total per year. In order to dispose of all that trash in a volcano, you'd need to first locate an active volcano, and lug the trash there. That's the first problem. Not many people live near active volcanoes, so transporting trash to a volcano would cost time, money, and a whole lot of fuel. Then there's the fact that an even smaller number live near the right kind of active volcano.
Why Don't We Just Throw All Our Garbage Into Volcanoes? | Popular Science
No matter which short-term outcome prevails, political instability is most likely ahead. The three left-wing parties have major policy differences, and Credit Suisse believes a coalition government would last only a few months. The Left Bloc and Communist Parties are anti-austerity Eurosceptics. The Communists campaigned on nationalizing Portuguese banks, dropping out of NATO, and restructuring foreign debt. The Socialists are more moderate.