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Study shows EPA is wasting billions of dollars

One of the biggest problems with government intervention and regulation is that they usually operate with a large amount of inefficiencies and ineffectiveness. In spite of the good intentions of the Environmental Protection Agency, billions of dollars are spent every year to enforce laws that don’t serve their purpose. According to Business Insider a recent study conducted at

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Japan’s economy slumps as stimulus fades

Government stimulus is similar to giving a tired child a bag full of candy; they’ll get a quick burst of energy but soon they experience a crash. We are currently seeing this analogy come to fruition in Japan. After the earthquake in 2010 their government implemented a stimulus plan to strengthen their economy.

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Motivational Monday: The start-up generation

In today’s retched economy, it can be very difficult to find any glimmer of hope. However, the over-saturation of college degrees can actually be a good thing for independent, entrepreneurial thinkers. High paying jobs are in short supply, however it is often in the face of adversity that people achieve the most. Fortune’s Scott Gerber reveals why

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Chinese workers will soon be replaced by robots

Over the past three decades, China has become a manufacturing powerhouse primarily because of their extremely low cost of labor. However because of their economic success, Chinese incomes are on the rise and hurting profit margins in manufacturing. In order to combat this problem, China is rapidly expanding their use of robotics to

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Egypt’s democracy hasn’t eased investment risk

In the global market, international investors are always looking for the next economic hotspot. Egypt has a rich history of being one of the trading centers of the world but they have lost much of their former glory. As an investment location, Egypt remains to be an extremely risky place both economically and

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Russia finds an unexpected economic and military ally

Japan and Russia have a long history of animosity, however with China set to have the largest economy by 2025 and the US securing naval positions in the pacific, Japan and Russia are looking to each other to be economic and military allies. As activity Asia is sure to increase, strong economies and

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How much power should shareholders really have?

Wikipedia defines a Shareholder as “an individual or institution (including a corporation) that legally owns any part of a share of stock in a public or private corporation. Shareholders own the stock, but not the corporation itself.” Despite shareholders not actually owning the company, executives are constantly driven to appease them. According to Lynn A. Stout, making business decisions solely based

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Top 50 websites install average of 64 trackers on your computer

Living in the digital age has created new opportunities for advertisers to track more data than ever before. The Internet has revolutionized the marketing industry by the pure volume of data they’re able to record from visitors on their site. However, the gross majority of info these agencies collect is done without the user’s knowledge

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Be very careful what you say in Sri Lanka

As a international traveler, it is essential to know the economic and political environment of any place you visit. With the advent of the Internet, countries are becoming quick to censor any form of political dissent and use force quiet resistance. In another attack on freedom of the press, the Sri Lankan government recently

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Soon everyone might be using the renminbi

Over the past couple years China has been making strides to expand the use of the renminbi for international trade as apposed to using the US dollar as an intermediary. With a growing Chinese economy and a weakening USD, increased use of the renminbi protects global trade from the desperate moves made by the US

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EU steps up against facial recognition

Personal privacy is always a major concern and today’s technology makes your personal privacy more vulnerable than ever. New facial recognition software makes it easy for the government and companies track your all of your movements. In a promising move for privacy advocates, the EU will be mandating that companies make their customers

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This country has the “best performing prime residential market in the world”

Real estate bubbles have scared many investors aways from potential housing hotspots. The housing bubble of 2007 along with current bubbles like the one in Burma, create major uncertainty for investors. However there appears to be a rapidly growing market for luxury homes in Kenya that’s based on sound growth and economic fundamentals. CNN reports on

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Chinese company prepares for platinum boom

The precious metals market has taken a beating recently however this trend hasn’t scared off Chinese mining investment. In addition to their deals with mines in Mongolia and Chile, a Chinese mining company has now moved into the South African platinum market. In spite of the market uncertainty, the acquisition still poses big opportunities. The Asian

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India and Afghanistan envision a “new silk road”

There is a rich legacy of trade from India through the Middle East. The historic Silk Road was a highway of merchants and nomads that brought wealth and commerce to cities along the route. In an attempt to revitalize the trade corridor, India has been pushing for increased investment in Afghanistan. BBC reports

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Obama claims Individual Mandate is not a tax…Supreme Court disagrees

Flip-flopping is unsurprisingly common in politics and Thursday’s Supreme Court ruling on the individual mandate is another example how the Obama administration changes its rhetoric whenever it’s convenient. In 2009, President Obama repeatedly claimed that the individual mandate was not a tax increase, however, the Supreme Court just ruled it constitutional based on

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