Category : Globalization

(Washington Post) Vivek Wadhwa–7 admirable start-ups that are driving social change

A standing joke in Silicon Valley is that the smartest people go into online advertising, virtual currency, or dumb online games. And you surely have to wonder what has gone wrong when the industry’s heavy hitters and venture capitalists provide $1.5 million to seed a useless app such as Yo.

Fortunately, there are many tech start-ups that are solving real problems ”” and many entrepreneurs who care. The venture capital community is also beginning to see the light. Witness the recent decision of Google Ventures to back away from consumer Internet start-ups and focus more on health care and life-sciences companies, and Y Combinator, the most powerful start-up accelerator in the world, backing seven nonprofits in its latest class.

There is surely hope for tech. Here are seven companies that stand out….

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Anthropology, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Globalization, Science & Technology, Stock Market, The Banking System/Sector, Theology

(Bloomberg) Binge Drinking Isn’t Just a problem for College Kids Anymore

The typical picture of a binge drinker may look as much like a middle-age man working long hours as it does a college fraternity boy partying late at night.

Doctors are increasingly focusing on that older population after years of placing a higher priority on experimenting adolescents and young alcoholics. Evidence is emerging that high-pressure jobs push millions of people toward binge drinking, and deaths from alcohol abuse escalate as people get older.

A new study from 14 countries published in the British Medical Journal found that people who work more than 48 hours a week are more likely to drink to excess — defined as 14 drinks a week for women and more than 21 for men. And the U.S. Centers for Disease Control and Prevention estimated in a report last week that six people die daily from alcohol poisoning, mainly those ages 35 to 65.

Read it all.

Posted in * Culture-Watch, Alcohol/Drinking, Alcoholism, Ethics / Moral Theology, Globalization, Middle Age, Theology, Young Adults

(WSJ) Declining Population Could Reduce Global Economic Growth By 40%

Declining population growth that shrinks the pool of available labor over the next 50 years will reduce by 40% the rate of growth in global economic output for the world’s 20 largest economies compared to the past 50 years, according to a new study.

The report from the McKinsey Global Institute says that to compensate for the drop in the growth of the labor force, productivity needs to accelerate 80% from its historical rate to keep global growth in gross domestic product from slowing.

Over the past 50 years, global growth increased six-fold, and average per capita income nearly tripled. McKinsey researchers estimate that around half the increase stemmed from gains in productivity and half from the growing labor force.

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Posted in * Culture-Watch, * Economics, Politics, Anthropology, Children, Economy, Ethics / Moral Theology, Globalization, Marriage & Family, Theology

(WSJ) ECJ Adviser Says ECB Can Legally Buy Eurozone Government Debt

An adviser to Europe’s top court on Wednesday said the European Central Bank can legally buy large quantities of eurozone government debt to stabilize the currency area’s economy, delivering a key endorsement for the bank as it prepares another round of stimulus measures.

The opinion from the European Court of Justice’s advocate general, Pedro Cruz Villalon, comes in response to a lawsuit brought by German opponents of loose monetary policy claiming that the ECB’s Outright Monetary Transactions program, announced in August 2012 and widely credited with saving the euro, violates the European Union treaty. While the opinion isn’t binding on the court, the judges usually follow the advocate general’s reasoning. A ruling is expected in four to six months.

A negative opinion could have thrown the ECB’s next stimulus efforts into turmoil. ECB President Mario Draghi and other officials have been drawing up “quantitative easing” plans, in which the bank would buy large amounts of eurozone government debt, to boost the economy of the 19-nation currency area and prevent an extended period of deflation, a broad-based decline in prices that can have disastrous economic consequences.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Economy, Ethics / Moral Theology, Europe, European Central Bank, Globalization, Law & Legal Issues, Theology

(Independent) Facebook knows you better than your own family

A study of more than 86,000 users of Facebook has demonstrated the power of intelligent machines to predict an individual’s character based on what they have listed as their “likes”.

Researchers said the day when computers are able to judge a person’s personality accurately has almost arrived, and even suggested that science fiction films like Her, based on a man’s attachment to an intelligent computer, are closer than we think.

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Posted in * Culture-Watch, * Economics, Politics, --Social Networking, Anthropology, Blogging & the Internet, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Globalization, Law & Legal Issues, Theology

R Catholic Archbishop of Jos, Ignatius Kaigama–Intl Support needed on Boko Haram

Listen to it all from the BBC World service (about 3 minutes and 40 seconds).

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, * Religion News & Commentary, Africa, Ethics / Moral Theology, Foreign Relations, Globalization, Islam, Nigeria, Other Churches, Other Faiths, Politics in General, Religion & Culture, Roman Catholic, Terrorism, Theology, Violence

Economist Daily Chart–Exodus from Syria

The statistics on Syria’s civil war are horrifying. Since March 2011 around 200,000 people have been killed and 6.5m people have become internally displaced. A new report from the UN High Commissioner for Refugees, published on January 7th, brought another grim figure: Syria has overtaken Afghanistan to become the biggest source of refugees in the world. More than 3m Syrians, or one in eight of its population, had fled the country by the end of June 2014, the most recent date for cross-country comparisons. In the six months since, another 300,000 have left.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Ethics / Moral Theology, Foreign Relations, Globalization, Middle East, Politics in General, Syria, Theology

Pope Francis says Paris attacked by people enslaved by a ”˜deviant form of religion’ in Address

Emblematic of this, in the Gospel infancy narratives, is King Herod. Feeling his authority threatened by the Child Jesus, he orders all the children of Bethlehem to be killed. We think immediately of Pakistan, where a month ago, more than a hundred children were slaughtered with unspeakable brutality. To their families I wish to renew my personal condolences and the assurance of my continued prayers for the many innocents who lost their lives.

The personal dimension of rejection is inevitably accompanied by a social dimension, a culture of rejection which severs the deepest and most authentic human bonds, leading to the breakdown of society and spawning violence and death. We see painful evidence of this in the events reported daily in the news, not least the tragic slayings which took place in Paris a few days ago. Other people “are no longer regarded as beings of equal dignity, as brothers or sisters sharing a common humanity, but rather as objects” (Message for the 2015 World Day of Peace, 8 December 2014, 4). Losing their freedom, people become enslaved, whether to the latest fads, or to power, money, or even deviant forms of religion. These are dangers which I pointed out in my recent Message for the World Day of Peace, which dealt with the issue of today’s multiple forms of enslavement. All of them are born of a corrupt heart, a heart incapable of recognizing and doing good, of pursuing peace.

It saddens us to see the tragic consequences of this mentality of rejection and this “culture of enslavement” (ibid., 2) in the never-ending spread of conflicts. Like a true world war fought piecemeal, they affect, albeit in different forms and degrees of intensity, a number of areas in our world, beginning with nearby Ukraine, which has become a dramatic theatre of combat. It is my hope that through dialogue the efforts presently being made to end the hostilities will be consolidated, and that the parties involved will embark as quickly as possible, in a renewed spirit of respect for international law, upon the path of mutual trust and fraternal reconciliation, with the aim of bringing an end to the present crisis.

Read it all from Vatican Radio.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, * Religion News & Commentary, Ethics / Moral Theology, Europe, France, Globalization, Inter-Faith Relations, Other Churches, Pope Francis, Religion & Culture, Roman Catholic, Terrorism, Theology, Violence

Adam Shatz on moral clarity in terms of France, Islam, violence and freedom

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Posted in * Culture-Watch, * International News & Commentary, * Religion News & Commentary, Ethics / Moral Theology, Europe, France, Globalization, Islam, Law & Legal Issues, Other Faiths, Religion & Culture, Theology, Violence

(FT) Britain at risk of Paris-style attacks, warns MI5

Syrian-based terrorists are planning attacks in the UK similar to the one that killed 12 people at French satirical magazine Charlie Hebdo, Britain’s domestic security chief has warned.

Andrew Parker, director-general of MI5, said there had been more than 20 Syrian-linked terror plots against western targets in the past 14 months.

In one of the starkest assessments from any western counterterror chief since the Syrian civil war broke out, Mr Parker said on Thursday evening that organisations including the Islamic State of Iraq and the Levant, known as Isis, were actively plotting attacks in the UK.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Defense, National Security, Military, England / UK, Ethics / Moral Theology, Globalization, Terrorism, Theology

(NYT) Apps Everywhere, but No Unifying Link

Navigating the Internet used to mean painstakingly typing the exact address you wanted into your computer. The web browser and the search engine simplified that, giving us the Internet we take for granted today.

Now, across Silicon Valley, companies from tiny start-ups to titans like Google and Facebook are trying to bring the same simplicity to smartphones by teaching apps to talk to one another.

Unlike web pages, mobile apps do not have links. They do not have web addresses. They live in worlds by themselves, largely cut off from one another and the broader Internet. And so it is much harder to share the information found on them.

It is not just a matter of consumer convenience. For Google and Facebook, and any company that has built its business on the web, it is a matter of controlling the next entryway to the Internet ”” the mobile device.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, --Social Networking, Anthropology, Blogging & the Internet, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Globalization, Psychology, Science & Technology, Theology

(Washington Post) Robert Samuelson: Is the economic slog really over?

Hello, 2015.

We now are in the sixth year of economic recovery since the end of the “Great Recession” in mid-2009, says the National Bureau of Economic Research, a group of academic economists that dates business cycles. But, if upbeat economic forecasts come true, this could be the first year that feels like a recovery. There would be huge implications. It would soothe Americans’ bruised sense of self-worth and alter popular psychology for the 2016 elections.

It has been a slog. Below, you’ll find some economic indicators comparing where we are now with the peaks of the last economic expansion, which ended in the fourth quarter of 2007. Generally, the numbers aren’t impressive. At best, they show modest gains from those previous peaks.

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Posted in * Culture-Watch, * Economics, Politics, Anthropology, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Globalization, Housing/Real Estate Market, Labor/Labor Unions/Labor Market, Personal Finance, Theology

(FT) Churches join the fossil fuel debate

The world’s churches have become an arena for the debate over whether it is better to tackle global warming by divesting from fossil fuel companies or by holding shares and engaging with energy groups to spur more climate-friendly business models.

The World Council of Churches, which represents around 560m Christians in 140 countries, has adopted a divestment strategy for its SFr16.7m investment portfolio. Its finance policy committee decided in July that fossil fuels should be added to the list of sectors in which the council would not invest.

“The use of fossil fuels must be significantly reduced and by not investing in those companies we want to show a direction we need to follow as a human family to address climate changes properly,” said Rev Dr Olav Fykse Tveit, WCC general secretary.

But the Church of England, which has an investment portfolio worth around £9bn, has opted for engagement. It announced last month it would use its stakes in Royal Dutch Shell and BP to urge the companies to cut their carbon emissions and invest more in renewables.

Read it all.

Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * Religion News & Commentary, Anglican Provinces, Church of England (CoE), Consumer/consumer spending, Corporations/Corporate Life, Economy, Energy, Natural Resources, Ethics / Moral Theology, Globalization, Other Churches, Religion & Culture, Theology

(F Things) Brian Grim–What Christianity Contributes to China’s Economic Rise

What has fueled China’s remarkable economic growth that has lifted more than 500 million people out of abject poverty and positioned it to become the world’s largest economy?

In part, it’s been fueled by the pipeline of market mechanisms, modern technology and Western management practices that former paramount leader Deng Xioaping untapped in the 1980s.

But according to Yukong Zhao, a China expert at Siemens Corporation, these explanations are insufficient given the potential drags on the economy from government inefficiency and corruption, which President Xi Jinping is struggling to contain.

Zhao argues that Western learning and pro-growth government policies have set loose the real creators of China’s economic success””its people and the largely Confucian culture that makes them, in his words, “ambitious, hardworking, thrifty, caring for their families and relentlessly pursuing good education and success.”

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Anthropology, Asia, China, Economy, Ethics / Moral Theology, Foreign Relations, Globalization, Politics in General, Religion & Culture, Theology

Photos: Christians celebrate Epiphany around the world

There are 31 in all–check them out.

Posted in * Christian Life / Church Life, * Culture-Watch, * General Interest, Church Year / Liturgical Seasons, Epiphany, Globalization, Photos/Photography, Religion & Culture

(NYT Mag.) Rise and Shine– What kids around the world eat for breakfast

Americans tend to lack imagination when it comes to breakfast. The vast majority of us, surveys say, start our days with cold cereal ”” and those of us with children are more likely to buy the kinds with the most sugar. Children all over the world eat cornflakes and drink chocolate milk, of course, but in many places they also eat things that would strike the average American palate as strange, or worse.

Breakfast for a child in Burkina Faso, for example, might well include millet-seed porridge; in Japan, rice and a putrid soybean goop known as natto; in Jamaica, a mush of plantains or peanuts or cornmeal; in New Zealand, toast covered with Vegemite, a salty paste made of brewer’s yeast; and in China, jook, a rice gruel topped with pickled tofu, strings of dried meat or egg. In Cuba, Brazil and elsewhere in Latin America, it is not uncommon to find very young children sipping coffee with milk in the mornings. In Pakistan, kids often take their milk with Rooh Afza, a bright red syrup made from fruits, flowers and herbs. Swedish filmjolk is one of dozens of iterations of soured milk found on breakfast tables across Europe, Asia, the Middle East and Africa. For a child in southern India, the day might start with a steamed cake made from fermented lentils and rice called idli. “The idea that children should have bland, sweet food is a very industrial presumption,” says Krishnendu Ray, a professor of food studies at New York University who grew up in India. “In many parts of the world, breakfast is tepid, sour, fermented and savory.”

Read it all.

Posted in * Culture-Watch, Anthropology, Children, Dieting/Food/Nutrition, Ethics / Moral Theology, Globalization, Marriage & Family, Theology

(Economist) Rise of the on-demand economy poses difficult qtns for workers+companies+politicians

In the early 20th century Henry Ford combined moving assembly lines with mass labour to make building cars much cheaper and quicker””thus turning the automobile from a rich man’s toy into transport for the masses. Today a growing group of entrepreneurs is striving to do the same to services, bringing together computer power with freelance workers to supply luxuries that were once reserved for the wealthy. Uber provides chauffeurs. Handy supplies cleaners. SpoonRocket delivers restaurant meals to your door. Instacart keeps your fridge stocked. In San Francisco a young computer programmer can already live like a princess.

Yet this on-demand economy goes much wider than the occasional luxury. Click on Medicast’s app, and a doctor will be knocking on your door within two hours. Want a lawyer or a consultant? Axiom will supply the former, Eden McCallum the latter. Other companies offer prizes to freelances to solve R&D problems or to come up with advertising ideas. And a growing number of agencies are delivering freelances of all sorts, such as Freelancer.com and Elance-oDesk, which links up 9.3m workers for hire with 3.7m companies.

The on-demand economy is small, but it is growing quickly….

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Anthropology, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Globalization, History, Labor/Labor Unions/Labor Market, Politics in General, Science & Technology, Theology

Year-in-Review: Barna's Top 10 Findings from 2014

Every December, Barna Group compiles its top findings and trends from research conducted in the past year. From legalizing marijuana to increasing secularization trends to America’s complicated relationship with sports””2014 was an interesting year.

1. Bible Skepticism Is Now Tied with Bible Engagement….

2. Young Adults Question the Value of Their College Degree….

3. Global Poverty Is on the Decline, but Almost No One Believes It….

Read it all.

Posted in * Culture-Watch, * International News & Commentary, America/U.S.A., Globalization, Religion & Culture, Sociology

(WSJ Saturday Essay) What the World Will Speak in 2115

This streamlining should not be taken as a sign of decline. All of the “optimized” languages remain full languages in every sense of the term, as we know from the fact that I’m writing in one: An Old English speaker who heard modern English would consider it confounding and “broken.” That any language has all irregular verbs, eight tones or female tables is ultimately a matter of accident, not design.

Hopefully, the languages lost amid all of this change will at least be described and, with modern tools, recorded for posterity. We may regret the eclipse of a world where 6,000 different languages were spoken as opposed to just 600, but there is a silver lining in the fact that ever more people will be able to communicate in one language that they use alongside their native one.

After all, what’s peculiar about the Babel tale is the idea of linguistic diversity as a curse, not the idea of universal comprehension as a blessing. The future promises both a goodly amount of this diversity and ever more mutual comprehension, as many languages become easier to pick up, in their spoken versions, than they once were. A future dominated by English won’t be a linguistic paradise, in short, but it won’t be a linguistic Armageddon either.

Read it all.

Posted in * Culture-Watch, Anthropology, Books, Globalization, History, Theology

USA Today–2014 was a devastating year for children

This year recorded the highest number of children caught in conflict zones who were directly and deliberately attacked. The targeting of children in conflict is not new, but it’s rising at an alarming rate. In 2014, more children were killed, kidnapped, tortured, raped, forcibly recruited by armed groups and even sold as slaves than at any time in recent history.

The numbers are grim. In Pakistan, over 130 students ”” most of them 12 to 16 years old””were slaughtered in a Taliban attack on a school in Peshawar earlier this month. In the Central African Republic, where 2.3 million children are entangled in a long-running sectarian conflict, as many as 10,000 children are believed to have been recruited as child soldiers, and more than 430 children were killed and maimed this year ”” three times as many as in 2013. When violence erupted in Israel and Gaza last summer, more than 530 children were killed, at least 3,370 children injured, and 54,000 children were left homeless, while countless others hid in fear from rockets, artillery and air strikes.

In Syria, where civil war, now approaching its fifth year, has created 1.7 million child refugees, there were at least 35 attacks on schools, killing and injuring hundreds of children. In Iraq, at least 700 children are believed to have been maimed, killed or even executed this year. In South Sudan, an estimated 12,000 children have been recruited and forced to fight in an ongoing civil war that has caused more than a million children to flee their homes. In Ukraine, 128,000 children have been displaced by violence.

Read it all.

Posted in * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, * International News & Commentary, Children, Death / Burial / Funerals, Defense, National Security, Military, Ethics / Moral Theology, Europe, Foreign Relations, Globalization, Health & Medicine, Iraq, Middle East, Parish Ministry, Politics in General, Syria, Theology, Ukraine

(BBC) Christians mark Christmas around the world

Look at them all.

Posted in * Christian Life / Church Life, * Culture-Watch, * General Interest, Christmas, Church Year / Liturgical Seasons, Globalization, Photos/Photography

(BBC) 'Super-astute' Archbishop Justin Welby faces big challenges ahead

At once very much a man of God yet also a man of the world, the archbishop manages to combine both to put his evangelical faith into action, using his experience of business to push forward issues ranging from ethics in the City to payday lenders and poverty in the UK.

He has formed around him a team of expert advisers and cut through Lambeth Palace bureaucracy to ensure he has the people he needs to turn his vision into reality.

“It’s a style of leadership nurtured in the business world. He doesn’t mess around, and he has a very clear vision of where he wants to go,” says Ruth Gledhill, contributing editor to Christian Today.

“His leadership has meant that you can feel a brightening and lifting of the atmosphere in church – and you think ‘maybe we have got a future’.

Read it all.

Posted in * Anglican - Episcopal, * Culture-Watch, --Justin Welby, Archbishop of Canterbury, Christology, Ecclesiology, Ethics / Moral Theology, Globalization, Religion & Culture, Soteriology, Theology

(Archbp Cranmer blog) Douglas Alexander champions a global envoy for religious freedom

“Yet, at this time of great peril, I deeply regret that the British Government seems to be stepping back, rather than stepping up,” writes Shadow Foreign Secretary Douglas Alexander in The Sunday Telegraph, as he juxtaposed the “no room at the inn” of the Nativity with the horrors being meted out on Christians in Nigeria, Syria, Iraq and Sudan. “Just like anti-Semitism or Islamaphobia, anti-Christian persecution must be named for the evil that it is, and challenged systematically by people of faith and of no faith,” he exhorted.

And he pledged that an incoming Labour government will establish a Global Envoy for Religious Freedom along with a multifaith advisory council on religious freedom within the Foreign and Commonwealth Office: “Supporting the newly appointed Global Envoy, this will help ensure a strong focus within the Foreign Office,” he assures. And he lauded Baroness Warsi for her commitment to faith and human rights and “the leadership she showed and the seriousness with which she took her responsibilities”, which was, he submits, “widely recognised…”.

The Archbishop of Canterbury was so impressed with this homily that he dared to tweet it out to his 68.3k followers, which caused alarm and dismay to some condescending Tories, as though Justin Welby were being indelicately partisan and unacceptably inattentive to the constitutional constraints of his Office. He didn’t endorse any specific content: all he said was that it was “good debate”, yet this is inexplicably deemed to be “poor judgment by Lambeth Palace” (though the Palace didn’t tweet it: the Archbishop did).

We’ve been here before, of course. Last Christmas the tweeting was uncharitably critical of the Archbishop for not being “disciplined” in speaking about Jesus, which was laughably unjustifiable.

Read it all.

Posted in * Anglican - Episcopal, * Culture-Watch, * International News & Commentary, * Religion News & Commentary, --Justin Welby, Anglican Provinces, Archbishop of Canterbury, Church of England (CoE), England / UK, Ethics / Moral Theology, Globalization, Inter-Faith Relations, Law & Legal Issues, Religion & Culture, Theology, Violence

(Economist Erasmus Blog) Atheism, belief and persecution–The cost of unbelief

Across the world, people who reject all religious belief or profess secular humanism are facing ever worse discrimination and persecution, but the existence and legitimacy of such ideas is becoming more widely known and accepted. That is the rather subtle conclusion of the latest report by the International Humanist and Ethical Union, an umbrella body for secularist groups in 40 countries, which in 2012 began making annual surveys of how freedom of thought and conscience are faring worldwide.

In common with lots of other reports on the subject, it noted that many countries still prescribe draconian penalties for religious dissent, through laws that bar blasphemy against the prevailing religions or “apostasy” from Islam. Some 19 countries punish their citizens for apostasy, and in 12 of those countries it is punishable by death. In Pakistan, the death sentence can be imposed for blasphemy, for which the threshold is very low. In all, 55 countries (including several Western ones) had laws against blasphemy; the perceived offence could lead to prison terms in 39 countries and execution in six.

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Posted in * Culture-Watch, * Economics, Politics, * Religion News & Commentary, Atheism, Foreign Relations, Globalization, Law & Legal Issues, Other Faiths, Politics in General, Psychology, Religion & Culture, Secularism, Theology

(NYT) Rise of Robot Work Force Stokes Human Fears

(Alert readers are asked to note that the title above is the one used in the paper’s National edition in print this past week–KSH.

A machine that administers sedatives recently began treating patients at a Seattle hospital. At a Silicon Valley hotel, a bellhop robot delivers items to people’s rooms. Last spring, a software algorithm wrote a breaking news article about an earthquake that The Los Angeles Times published.

Although fears that technology will displace jobs are at least as old as the Luddites, there are signs that this time may really be different. The technological breakthroughs of recent years ”” allowing machines to mimic the human mind ”” are enabling machines to do knowledge jobs and service jobs, in addition to factory and clerical work.

And over the same 15-year period that digital technology has inserted itself into nearly every aspect of life, the job market has fallen into a long malaise. Even with the economy’s recent improvement, the share of working-age adults who are working is substantially lower than a decade ago ”” and lower than any point in the 1990s.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Anthropology, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Globalization, History, Labor/Labor Unions/Labor Market, Science & Technology, Theology

(CSM Editorial) When children stand up to terror

The terrorist attack on a Pakistani school Tuesday continues to evoke a global outcry. Even the Taliban in Afghanistan has condemned the Taliban group in Pakistan that took credit for slaughtering 148 people, of whom 132 were children. In Pakistan, tens of thousands of people held candlelight vigils nationwide, holding up signs saying “Enough!”

But the most touching and perhaps meaningful reaction took place in India, Pakistan’s longtime adversary and a victim itself of Pakistani-led terror over a territorial dispute between the two countries.

On Wednesday, Indian students in thousands of schools and colleges observed two minutes of silence or wrote messages in their scrapbooks for the young victims. “We also prayed for the quick recovery of the injured students and the grieving family members,” one school official told The Times of India.

Read it all.

Posted in * Culture-Watch, * International News & Commentary, Asia, Children, Education, Globalization, India, Pakistan, Violence

(WSJ) Global Life Expectancy Increases by About Six Years

Global life expectancy for men and women has increased by about six years over the past two decades, according to the one of the most comprehensive studies of global health done so far.

The rise in global life expectancy is mainly the result of dramatic advances in health care. In richer countries longer lifespans are spurred by a big drop in deaths related to heart disease, while poorer countries have seen big declines in the death of children from ailments such as pneumonia, diarrhea and malaria.

But there are worrying signs, too. While global deaths from infectious disease dropped by about 25% over the past two decades, the number of deaths linked to noncommunicable diseases has jumped by about 40%. Noncommunicable maladies, such as cancer, heart disease and diabetes, tend to be chronic in nature and often more expensive to treat.

Read it all.

Posted in * Culture-Watch, Aging / the Elderly, Anthropology, Ethics / Moral Theology, Globalization, Health & Medicine, Science & Technology, Theology

(Guardian) 2014's top Google searches – from Robin Williams to Conchita Wurst

Comedian and actor Robin Williams, who died earlier this year, was the top search on Google during 2014.

The search engine has released its list of this year’s most searched for news events and top trending subjects. Williams’ death drew more attention than the World Cup (2nd), Ebola (3rd) or Malaysia Airlines (4th).

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Anthropology, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Globalization, Health & Medicine, Media, Movies & Television, Science & Technology, Terrorism, Theology

(Bloomberg) The Collapse of Putin's Economic System

The ruble meltdown and accompanying economic slump marks the collapse of Putin’s oil-fueled economic system of the past 15 years, said an executive at Gazprombank, the lender affiliated to Russia’s state gas exporter. He asked not to be identified because of the sensitivity of the issue.

The higher interest rate will crush lending to households and businesses and deepen Russia’s looming recession, according to Neil Shearing, chief emerging-markets economist at London-based Capital Economics Ltd.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Anthropology, Consumer/consumer spending, Corporations/Corporate Life, Credit Markets, Currency Markets, Defense, National Security, Military, Economy, Ethics / Moral Theology, Europe, Foreign Relations, Globalization, Politics in General, Russia, The Banking System/Sector, Theology

(Telegraph) Ambrose Evans-Pritchard–Russia risks Soviet-style collapse as rouble defence fails

Russia has lost control of its economy and may be forced to impose Soviet-style exchange controls after “shock and awe” action by the central bank failed to stem the collapse of the rouble.

“The situation is critical,” said the central bank’s vice-chairman, Sergei Shvetsov. “What is happening is a nightmare that we could not even have imagined a year ago….”

Lars Christensen, from Danske Bank, said the Kremlin’s actions have led to the “absolutely worst possible outcome” since the botched move is enough to do grave damage, without solving anything. “They should have let the currency go rather than killing the economy. Investment is in freefall, and I fear this shock is going to be even bigger than in 2008-2009. Nothing suggests that oil is going to rebound quickly this time,” he said.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Credit Markets, Currency Markets, Defense, National Security, Military, Economy, Energy, Natural Resources, Ethics / Moral Theology, Europe, Foreign Relations, Globalization, History, Politics in General, Russia, The Banking System/Sector, Theology