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Image via Flickr by SteelMaster Buildings The London Metal Exchange (LME) decided on new regulations this past Thursday, Nov. 7, aimed at addressing bottlenecks of metals in its warehouses. According to The Wall Street Journal, these bottlenecks are usually caused when warehouses reserve metals for traders and bankers, which are using it to raise working…
Image via Flickr by Gloria Cabada-Leman During the past decade, cotton production in India has experienced exponential growth. According to Commodity Online, output has increased from 15.8 million bales of cotton in 2002 to 40.2 million bales of cotton in 2014. Now, 37 percent of the world’s cotton acreage is in India. That means India…
Image via Flickr by Steve Snodgrass In his hit song Thrift Shop, Macklemore proclaims, “I wear your granddad’s clothes; I look incredible.” And it’s true – the part about chic attire (sometimes) excluded. These days, thrift stores do fashionably outfit consumers with goods that come from a variety of sources – your family members included.Oops!…
Image via Flickr by Corvair Owner China, Brazil and Peru could soon work together to build a railway transportation system. Talks of the system, which will run from the Peruvian Pacific coast to the Brazilian Atlantic coast, concluded on July 23 after a visit that involved the signing of multiple trade-related deals.Oops! You don’t have…
Image via Flickr by David Villarreal Fernández China’s economy has been booming for the past 15 years, but things are really slowing down. The auto industry is feeling the slowdown, too. New-vehicle sales in China are only half of what they were a year ago. Surprisingly, automakers are not slowing down production to match demand,…
Image via Flickr by doug.siefken At the beginning of February 2015, health insurer Anthem Inc. faced a massive cyberattack where there was a breach in patient records. Hackers got away with patient names, social security numbers, and health information of millions of customers. The Wall Street Journal went on to report that the cyberattacks could…