advertisement advertisement Earlier this year, Afghan President Hamid Karzai spoke about discovering that truckloads of single-use plastic shopping bags imported into his war-torn nation were squandering precious resources of fuel while risking the lives of truck drivers as they passed through insurgent held territories. Recognizing the true cost of wasting scarce resources in a place with so few to begin with–call it the Afghan Price of goods–he led the effort to ban the use of those wasteful bags. He may want to measure the Afghan Price of a much bigger threat to his people next–the air pollution that kills more people than the war itself. Recent studies show that some 3,000 people die every year in Afghanistan from air pollution, more than the 2,777 civilians killed in the war in 2010. Nearly half a million suffer from respiratory disease. The sources of air pollution are mainly old cars, dirty fuels, diesel generators, and the burning of trash, all of which … [Read more...] about Afghanistan Banned Plastic Bags, Can They Also Go Farther Than The U.S. In Fixing Air Pollution?
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Despite strong support from select heavyweights such as Reliance Industries and Tata Consultancy Services, the benchmark indices slipped on the back of weak global cues and selling pressure in the banking stocks.Weak economic data, muted global cues, and fall in the currency were the major cues which led to a sharp fall in Indian markets, suggest experts. The rupee nosedived 62 paise to hit an over two-month low of 72.09 to the US dollar on November 13.Driven by higher food prices, India's retail inflation surged to 4.62 percent in October, breaching Reserve Bank of India's target level of 4 percent, latest price data released by the Central Statistics Office (CSO) on November 13 showed.Close On the technical front, Nifty decisively breached its ascending trendline, which was in progress from the lows of 10,690 registered on September 20. Hence, Nifty remains vulnerable to more downsides unless it closes above 11,950 levels, said Mazhar Mohammad, Chief Strategist – Technical … [Read more...] about Trade Setup for Thursday: Top 15 things to know before Opening Bell
advertisement advertisement 1. Attack Of The Drones Last month, NATO’s commanders in Libya went with caps-in-hand to the Pentagon to ask for reconnaissance help in the form of more Predator drones. “It’s getting more difficult to find stuff to blow up,” a senior NATO officer complained to The Los Angeles Times. The Libyan rebels’ envoy in Washington had already made a similar request. “We can’t get rid of [Qaddafi] by throwing eggs at him,” the envoy told the newspaper. The Pentagon told both camps it would think about it, citing the need for drones in places like Yemen, Somalia, and Pakistan, where Predator strikes have killed dozens this month alone. So why doesn’t NATO or the rebels do what Cote d’Ivoire’s Air Force, Mexican police, and college student peacekeepers have done–buy, rent, or build drones of their own? The development of deadly hardware and software is leading to a democratization of war … [Read more...] about The DIY Terminator: Private Robot Armies And The Algorithm-Run Future Of War
The Indian stock market is currently in a consolidation phase after hitting record highs on the Sensex. Some correction was seen after Moody's India outlook downgrade, but buying at lower levels on the hopes of recovery provided support.The 12 percent rally since September 20 after the corporate tax rate cut was largely broadbased as nearly 70 percent on the Nifty50 stocks rallied 6-38 percent. The broader market also followed suit, with the BSE Midcap index adding over 11 percent in the same period.As a result, many of these aforementioned stocks are now trading at premium valuations.Close Hence, experts expect some correction in the near to short-term, adding that sharp correction is unlikely unless global headwinds spoil the party. They further added that the long-term perspective of the market still remains positive. related news Brokerages bullish on Hindalco, expect 22-30% return after Q2 Chart of the Day | Survey shows global fund managers are … [Read more...] about Time to buy mid & smallcaps? Brokerages initiate buy calls on 10 stocks in November
It’s holiday season and retailers are gearing up with every technique possible to maximize revenue for the next few weeks. Some retailers will earn more during the holiday shopping season than in the previous months combined, and already this year’s Black Friday online sales set a record by topping $1 billion for the first time, according to comScore. Sales for Cyber Monday were expected to exceed $1.5 billion, another record. advertisement advertisement But in the midst of this shopping mania, one prominent retailer took a different approach. Instead of blasting sales prices and urging consumers to load up their virtual shopping carts, Patagonia encourages consumers to buy less by promoting its Common Threads Initiative on its home page, advocating sustainability. The company says: “We design and sell things made to last and be useful. But we ask our customers not to buy from us what you don’t need or can’t really use. Everything we … [Read more...] about How Patagonia Makes More Money By Trying To Make Less