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Murky water at Koh Samui beach caused by plankton bloom, not oil spill: officials

March 25, 2023 by thethaiger.com

UPDATE The smelly, murky water putting off tourists from swimming in the sea at Maenam Beach in Koh Samui , southern Thailand , is not an oil spill but caused by a plankton bloom , which is a natural phenomenon, according to the Director of Koh Samui Harbour Authority, Arun Buppako. The photos circulating of green murky water at the beach show dead plankton floating on the surface of the water, said the director. Officials inspected the area and found no oil spills, he added. According to NaewNa , the director said… “Plankton blooms are a natural phenomena that happen every year. One main contributing factor is that when wastewater from the community is released into the sea, it acts as nutrients for plankton, causing them to multiply quickly. When the oxygen in the water depletes, the plankton dies, turning the seawater green. Related news Three mpox cases found in Thailand 4 hours ago Strikes in Germany force Thai Airways to … [Read more...] about Murky water at Koh Samui beach caused by plankton bloom, not oil spill: officials

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The lie of the hustle

March 24, 2023 by www.fastcompany.com

One of the ways that gig companies have been able for years to define their workers as independent contractors is by exploiting the allure of individualism. The contractor has their freedom, the thinking goes, so why would they exchange that for a full-time job with benefits? “These words have gained a strange kind of prestige from downwardly mobile, college-educated tech workers,” said John Patrick Leary, the author of Keywords: The New Language of Capitalism . It was part of what Reddit’s founder, Alexis Ohanian, has called “hustle porn,” cheerleading multiple jobs and their backbreaking exertions, giving a cheerful spin to the full 30% of Americans who do something else for pay in addition to their full-time jobs, according to an NPR/Marist survey. Hustling and nimbleness and the like implied, however, that there is a slinky joy in picking up gear at a studio and dropping it off across town or selling CBD oil part time. Once called drably “another job,” these … [Read more...] about The lie of the hustle

Filed Under: Uncategorized Work Life, gig economy, lied the hustle

US to Take Years to Refill Its Strategic Petroleum Reserve

March 24, 2023 by www.investopedia.com

Refilling the U.S. Strategic Petroleum Reserve may take years, U.S. Energy Secretary Jennifer Granholm said this week, reversing plans the Biden administration announced late last year to repurchase at lower prices oil it sold from the reserve in 2022. However, the relatively limited size of the planned repurchases in proportion to global oil demand makes assessing the impact on U.S. crude oil markets somewhat difficult—especially amid current global economic trends and geopolitical challenges. KEY TAKEAWAYS U.S. Energy Secretary Jennifer Granholm said this week it may take years for the government to replenish its Strategic Petroleum Reserve. It's a reversal of plans the government announced last year to repurchase oil it sold from the reserve at lower prices. Current global economic concerns and geopolitical conditions, however, present challenges in assessing the market impact of the decision. Granholm told a House panel Thursday that the U.S. likely would not … [Read more...] about US to Take Years to Refill Its Strategic Petroleum Reserve

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Obtuse: The Fed & Treasury View Of Banking Issues

March 25, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Despite ongoing silent runs on the Regional and Community Banks, it appears that both Fed Chair Powell and Treasury Secretary Yellen view the events of the recent past (SVB VB , Signature Bank, First Republic, Credit Suisse, and now Deutsche Bank) as one-off events and not symptomatic of stress in the world’s financial system. The dictionary defines “obtuse” as “annoyingly insensitive or slow to understand.” We can’t think of anything more precise! The chart at the top shows the continued decline in the value of S&P’s Regional Banking ETF through the close of business on Friday (March 24 th ). On Wednesday, the Fed raised interest rates 25 basis points despite liquidity issues in the banking system and the apparent loss of confidence in that system by a significant portion of the public. During his press conference, Powell acknowledged some FOMC concerns over banking issues, said that they had considered a "pause,” … [Read more...] about Obtuse: The Fed & Treasury View Of Banking Issues

Filed Under: Uncategorized Yellen, Powell, Fed, New Dot-Plot The March Fed, FOMC, silicon valley bank, inflation, banking issues, layoffs, interest rates, New Dot-Plot The March...

Study: 24% Of Parents Hid That Their Children Were Covid-19 Positive

March 25, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Well, so much for trusting people to do the right thing. A research letter recently published in JAMA Network Open described how 24.0% of parents in the U.S. surveyed—that’s 63 of 263 respondents—failed to tell others when they either thought or knew that their child had Covid-19. Moreover, 21.1% (67 of 218 respondents) permitted their children to break quarantine or isolation rules. And take a wild guess as to the most commonly given reason for not doing such things to protect others around them. It’s a very freedom answer. They wanted to exercise their “personal freedom” as parents. Yeah, let that freedom answer ring in the heads of all those who may have gotten infected with the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) as a result. Looks like the answer to the Eurythmics song “Would I Lie To You?” is “Absolutely Yes” for quite a few parents based on this survey. The online survey conducted from … [Read more...] about Study: 24% Of Parents Hid That Their Children Were Covid-19 Positive

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