According to Alexei Kutrin, speaking at the SPIEF economic forum this week, “The oil sector should be fully privatized in the next 7-8 years. No state companies are required there now as the statehood brings more harm than benefit to those companies.” He added that oil companies are able to deal with business issues without … Read more
According to the acting governor of the again-Russian city, “Parameters will double or even triple. Instead of 3,000 employed in shipbuilding and repairs today about 7,000 will be working in this sector.” Read more
The popularity and value of dealing in cryptocurrency has been established over the past couple of years, with Bitcoin the most prominent of many new digital moneys. The Russian Central Bank’s Deputy Chairman Olga Skorobogatova spoke at SPIEF 2017 spoke about Russia’s interest in developing their own. “Regulators of all countries agree that it’s time … Read more
In 2017, the idea has come to the fore that there has been a shift towards a knowledge/creative class, and the new method of production is knowledge. Recently, the subject featured large at the 2017 St. Petersburg International Economic Forum. Cities that have developed lately into strong knowledge economies are considered to have had seeds … Read more
German authorities told visitors to clear the Rock am Ring grounds in Nuremberg based on “concrete leads, which do not allow us to eliminate a possible terror threat.” Read more
The Supreme court in a 7-1 decision found that consumers can do what they want with the printers they buy, despite Lexmark forcing buyers to “sign” a “post-sale restriction” contract that the buyer won’t tamper with their patented product after they buy it. The case is “Impression v Lexmark.” Lexmark makes two similar types of … Read more
A study has now shown that residents of the Mid-Ohio River Valley had higher than normal levels of perfluorooctanoic acid (PFOA), based on blood samples collected over a 22-year span (1991-2013). The exposure source was likely drinking water contaminated by industrial discharges upriver. The researchers identified three known industrial sources who discharge PFOA into the … Read more
During his election campaign, he promised to move the U.S. embassy from Tel Aviv to Jerusalem. The White House commented that waiting to do such a move might help to achieve peace between Israel and the Palestinians. Read more
“The United States will withdraw from the Paris climate agreement,” said Trump this week. Trump said he wants to negotiate for better terms, and that other countries are given an economic edge by the current accord. The U.S., he said, suffers lost jobs, lower wages, closed factories, and diminished economic production because of the agreement. … Read more
In an attempt to increase citizens’ access to justice and make small claims faster, cheaper and easier, the province has launched its online Civil Resolution Tribunal. The new online tribunal is the first in Canada where these types of disputes (contracts, debts, personal injury, personal property and consumer issues for values under $5000) can be … Read more
Two school boards in Sault St. Marie are citing the Ontario Physical Education Safety Guidelines, which classifies high jump as a “higher risk activity,” as the reason they are cutting the sport out of elementary schools immediately. Other sports so far included in the “higher risk activity” category: wrestling, alpine skiing, and snowboarding. According to … Read more
The man was jailed after his ex-spouse charged him with choking and trying to rape her. The story she and her attorney told the judges in the original 2015 trial was that her ex broke into her apartment, threw her on her bed, choked her, threatened to kill her, and attempted to rape her multiple … Read more