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Nearly two-thirds of Greek youths are unemployed

A Greek unemployment center.

Image: A Greek unemployment center.

reuters.com - May 9th 2013 - George Georgiopoulos

Greek youth unemployment shot to a record 64 percent in February, underscoring the dire state of the recession-hit economy despite signs of improving business sentiment.

Repeated doses of austerity under international bailouts have almost tripled Greece's jobless rate since its debt crisis began in 2009, weighing on an economy in its sixth year of recession.

Overall unemployment has risen to an all-time high of 27 percent, data showed on Thursday, while joblessness in the 15-to-24 age group jumped to 64.2 percent in February from 59.3 percent in January.


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The other-worldly philosophers

Article illustration by Brett Ryder

Image: Article illustration by Brett Ryder

economist.com - July 16th 2009

Robert Lucas, one of the greatest macroeconomists of his generation, and his followers are “making ancient and basic analytical errors all over the place”. Harvard's Robert Barro, another towering figure in the discipline, is “making truly boneheaded arguments”. The past 30 years of macroeconomics training at American and British universities were a “costly waste of time”.

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It Can Happen Here: The Confiscation Scheme Planned for US and UK Depositors

Truthout.org -- by Ellen Brown -- March 29,2013

Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the US Federal Deposit Insurance Corporation and the Bank of England dated December 10, 2012, shows that these plans have been long in the making; that they originated with the G20 Financial Stability Board in Basel, Switzerland (discussed earlier here); and that the result will be to deliver clear title to the banks of depositor funds.  

http://truth-out.org/news/item/15401-it-can-happen-here-the-confiscation-scheme-planned-for-us-and-uk-depositors

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Bee Deaths: EU to Ban Neonicotinoid Pesticides

Honeybees are vital for pollinating crops - a job that would be very costly without them

bbc.co.uk - April 29, 2013

The European Commission will restrict the use of pesticides linked to bee deaths by researchers, despite a split among EU states on the issue.

There is great concern across Europe about the collapse of bee populations.

Neonicotinoid chemicals in pesticides are believed to harm bees and the European Commission says they should be restricted to crops not attractive to bees and other pollinators.

But many farmers and crop experts argue that there is insufficient data.

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Crisis for Europe as trust hits record low

The poll found a vertiginous decline in trust in the EU in countries that were traditionally pro-European. Photograph: Ian Waldie/Getty ImagesImage: The poll found a vertiginous decline in trust in the EU in countries that were traditionally pro-European. Photograph: Ian Waldie/Getty Images

guardian.co.uk - April 24th, 2013 - Ian Traynor

Public confidence in the European Union has fallen to historically low levels in the six biggest EU countries, raising fundamental questions about its democratic legitimacy more than three years into the union's worst ever crisis, new data shows.

After financial, currency and debt crises, wrenching budget and spending cuts, rich nations' bailouts of the poor, and surrenders of sovereign powers over policymaking to international technocrats, Euroscepticism is soaring to a degree that is likely to feed populist anti-EU politics and frustrate European leaders' efforts to arrest the collapse in support for their project.

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The Limits of the Earth, Part 1: Problems

Limits of Earth logo.Image: Limits of Earth logo.

blogs.scientificamerican.com - April 17th, 2013 - Ramez Naam

The world is facing incredibly serious natural resource and environmental challenges: Climate change, fresh water depletion, ocean over-fishing, deforestation, air and water pollution, the struggle to feed a planet of billions.

All of these challenges are exacerbated by ever rising demand – over the next 40 years estimates are that demand for fresh water will rise 50%, demand for food will rise 70%, and demand for energy will nearly double – all in the same period that we need to tackle climate change, depletion of rivers and aquifers, and deforestation.

One view of these looming threats is that we’ve exhausted planet’s resources.

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Tomgram: Michael Klare, The Coming Global Explosion

tomdispatch.com - by Michael Klare - April 21, 2013

In his pathbreaking 2001 book Resource Wars, Michael Klare wrote: “Natural resources are the building blocks of civilization and an essential requirement of daily existence.  The inhabitants of planet Earth have been blessed with a vast supply of most basic materials.  But we are placing increased pressure on those supplies, and in some cases we face, in our lifetimes, or those of our children, the prospect of severe resource depletion.”

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Full Planet, Empty Plates: The New Geopolitics of Food Scarcity

earth-policy.org

Full Planet, Empty Plates: The New Geopolitics of Food Scarcity

by Lester R. Brown

With food scarcity driven by falling water tables, eroding soils, and rising temperatures, control of arable land and water resources is moving to center stage in the global struggle for food security. “In this era of tightening world food supplies, the ability to grow food is fast becoming a new form of geopolitical leverage. Food is the new oil,” Lester R. Brown writes.

What will the geopolitics of food look like in a new era dominated by scarcity and food nationalism? Brown outlines the political implications of land acquisitions by grain-importing countries in Africa and elsewhere as well as the world’s shrinking buffers against poor harvests. With wisdom accumulated over decades of tracking agricultural issues, Brown exposes the increasingly volatile food situation the world is facing.

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http://www.earth-policy.org/books/fpep

Chapter 1. Food: The Weak Link
http://www.earth-policy.org/books/fpep/fpepch1

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US Rice Imports Contain Harmful Levels of Lead

      

The researchers found the highest levels of lead in rice from China and Taiwan

submitted by Lloyd Helferty

bbc.co.uk - by Jason Palmer - April 10, 2013

Analysis of commercially available rice imported into the US has revealed it contains levels of lead far higher than regulations suggest are safe.

Some samples exceeded the "provisional total tolerable intake" (PTTI) set by the US Food and Drug Administration (FDA) by a factor of 120.

The report at the American Chemical Society Meeting adds to the already well-known issue of arsenic in rice.

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Journal of Environmental Science and Health (Part B)
http://www.bbc.co.uk/news/science-environment-22099990

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