—- GeneticEngineeringINCREASESPesticide Use, DECREASESCropYield // TheBigPicture GeneticEngineeringCompaniesPromisedReducedPesticide Use … But GE CropsHaveLedto a 25% IncreaseInHerbicide Use One of the main selling points for genetically engineered crops is that they would use substantially less pesticides than conventional crops. Because of that, and other, promises regarding GE crops, they have taken over much of the food crops in America. For example: Monsanto reports that – between 2008 … Seguir leyendo Genetic Engineering INCREASES Pesticide Use, DECREASES Crop Yield

—- India’s Central BankGovernor: "InternationalMonetaryCooperation Has BrokenDown" // ZeroHedge India’s recently crowned central bank head (and predecessor of the IMF’sNostradamalOlivierBlanchard), Raghuram Rajan, has not had it easy since taking over India’s printer: with inflation through the roof, and only so much scapegoating of gold as the root of all of India’s evils, Rajan announced an unexpected 50 bps interest rate hike two days ago in … Seguir leyendo India’s Central Bank Governor: “International Monetary Cooperation Has Broken Down”

—- Dead–Cat–BounceDies As NikkeiDropsOver 400 PointsFromUSHighs // ZeroHedge Mixed data from Japan did nothing to excite and while markets oscillated for a few hours after the US close (and subsequent pile-driver from AMZN), they are now unwinding most of the dead-cat-bounce seen during the US day-session. Japanesestocks are backatfresh 2-monthlowswiththeNikkei 225 under 15,000 (downover 400 pointsfromday-sessionhighs) and testing debt-ceiling lows. JPY strength has driven USDJPY … Seguir leyendo Dead-Cat-Bounce Dies As Nikkei Drops Over 400 Points From US Highs

—- EmergingmarketstormspreadstoRussia as roublewobbles —- Shared via myfeedlyreader Seguir leyendo Emerging market storm spreads to Russia as rouble wobbles

—- FollowingFailedTurkish Central BankIntervention, Verbal DiarrheaFollows // ZeroHedge Yesterday’s epic failure of central bank intervention when both Turkey and South Africa hiked rates only to see their currency initially bounce then collapse, is long forgotten, and early today, the USDTRY once again traded to the rather unstable level of 2.30 and threatened with yet another rout, before verbal intervention out of Russia managed to soothe … Seguir leyendo Following Failed Turkish Central Bank Intervention, Verbal Diarrhea Follows

—- BalticDryIndexCollapses 50% FromDecemberHighsTo 5-MonthLows // ZeroHedge We are sure it’s just a storm in a teacup; just a brief interlude before theIMF’sever–changingforecastfor global trade growth picks right back up again and demand to ship dry goods surges back to the inventory stuffed levels of Q4. But, for now, the BalticDryIndex (admiredwhenit’srising, ignoredwhenitdrops) has collapsedbyover 50% fromitsDecemberhighsandisbacktoAugustlows. Charts: Bloomberg —- Shared via myfeedlyreader Seguir leyendo Baltic Dry Index Collapses 50% From December Highs To 5-Month Lows

—- SpainMissesWatered–DownBudgetDeficitTargetsYetAgain // Mish’s Global EconomicTrendAnalysis When you are about to miss budget targets, the easy thing to do is lower the bar, again and again until you can hit them. Spain did just that, and still missed. Via translation from Libre Mercaado, please consider SpainMissesBudgetDeficitTargetfor 2013. Treasury announced a deficit of 5.44% of GDP in November, but official data elevate that number to 5.96%. … Seguir leyendo Spain Misses Watered-Down Budget Deficit Targets Yet Again

—- ISLANDIA O CÓMO ALCANZAR EL PLENO EMPLEO DESOYENDO A LOS MERCADOS // La Voz Debida A raíz de un interesante artículo que ha aparecido hoy en el diario El País podemos dar un repaso a la situación de las políticas aplicadas por Islandia desde el estallido de la crisis financiera mundial de 2008 en contraste con las políticas de austeridad europeas: La tasa de … Seguir leyendo ISLANDIA O CÓMO ALCANZAR EL PLENO EMPLEO DESOYENDO A LOS MERCADOS