NUTS AND BOLTS: SHOULD READ Just How Naughty Have China, Japan And Germany Been? The US put China, Japan and Germany on an economic naughty list for possible currency manipulations that give them an unfair trade advantage. The news comes during the ongoing presidential election where some candidates have made similar claims and after a weak Q1 due partially to a stronger dollar. Germany and China have become particularly addicted to having trade surpluses with the US, and it looks like the US is getting fed up with it.
Everyday Is Throwback Thursday For Germany’s AfD Party Clashes between left-wing protesters and the supporters of the new right-wing German party Alternative for Deutschland (AfD) briefly interrupted their annual conference. Not to be deterred by voter concerns, AfD plowed ahead with their meetings, formally adopting an “anti-Islam manifesto” that states that “Islam is not a part of Germany.” Apparently, a more watered down proposal to “seek dialogue with Islam” was booed by the attendees. Is it just us, or do you also get a strong 1930s vibe from this whole thing?
Kenya Is Really Committed To Conservation The Kenyan government took one of the boldest actions to combat illegal elephant poaching over the weekend when it lit $100 million worth of illegally poached ivory on fire. Botswana, another tough conservationist, wasn’t pleased with the burning, saying it would raise the price of ivory on the black market. Kenya’s President said he wanted to send a clear message to poachers, presumably that they shouldn’t f**k with Kenya’s elephants.
Keeping Our Eye On… - Time Zones: In another sign of desperation, the Venezuelan government moved the country into a new time zone yesterday to help bring down energy consumption and costs. This comes after they announced a five-day weekend.
- Roaming Charges: It isn’t all crises at the EU! Starting yesterday, cell phone roaming charges were slashed because nothing says solidarity like being able to check Facebook across borders. They will be phased out completely next year.
- Rebuffed: China turned away a US carrier group looking to make port in Hong Kong in a further sign that things were getting frosty in the South China Sea. We put together some background for you on the topic.
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