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  SURREAL ECONOMICS OR CONCRETE SCIENCE? Original Post It  was the best of times, it was the worst of times, it was the age of wisdom, it wa...

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Friday, April 8, 2016

EYE on the World - Streetcars With Many Names

  

Streetcars With Many Names

 

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Turmoil Strikes Calgary Realty Market 




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 NO RELIEF IN SIGHT


"Calgary resale home prices fell for the fifth straight month in February, as sales of detached homes and condos plunged to the lowest level in more than a decade.Home resales tumbled nearly 7 per cent last month from a year earlier and were 37 per cent below the region’s long-term average, the Calgary Real Estate Board reported. Benchmark prices, which track the price of a “typical” home in the city, dropped 3.45 per cent  in the region to $445,000."                                       -  The Globe and Mail

  

Calgary Home Market Struggles With Oil Bust


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Is Global Warming Killing Earth's Oceans?


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NOT A GOOD TIME TO BE A FISH 

As the oceans continue to warm, it is crucial to understand how our actions are affecting marine life. Some species will not be able to withstand the increase in temperature. The most recent U.S. National Climate Change Assessment projects that outbreaks of marine diseases are likely to increase in frequency and severity as waters warm under climate change. Researchers are working around the world to determine whether and how species will survive disease events in our increasingly altered oceans
The Conversation
  



Panama Papers: Window to Wealth, Power and Corruption 


OR WHO REALLY CARES?


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 The Panama Papers, a leak of over 11 million documents from the Panamanian law firm Mossack Fonseca. 
For decades, the firm has helped individuals and institutions incorporate their financial assets. On Sunday the International Consortium of Investigative Journalists published its findings from the data dump, including assets incorporated by people close to world leaders like Russian President Vladimir Putin and Chinese President Xi Jinping.


 IMF Fears China's Collapse


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ONE SICK DRAGON

“Purely financial spillovers from China are still very small, but likely to grow considerably as China gradually continues to integrate into the global financial system,” he said. “The evidence underscores the need for policymakers to take into account economic and policy developments in emerging market economies when assessing their own countries’ prospects.”  

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ALERT: Natural Gas Prices Positioned for Huge Jump

Natural gas prices should double over the next year. 

Over-supply plus a warm 2015-2016 winter have resulted in low gas prices. That is about to change because supply is decreasing...   

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