Lack of sleep and early death

A new study has found that people who get little exercise and sleep poorly are 57% more likely to die prematurely compared to those who exercise a lot and sleep better as a result. Bad sleepers also had a 67% higher risk of developing cardiovascular disease and a 45% higher chance of being diagnosed with …

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The scandal of college affordability

Public officials have taken the idea of affordable college from something everyone should have to a luxury item only for the super-rich and super lucky.  Bernie Sanders, Elizabeth Warren and chuck Schumer have spent months asking Joe Biden to use his authority to eliminate or reduce crushing student debt. Biden promised to do so.  But …

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Will there be a sea change in the wealth gap?

Americans are quitting jobs in record numbers.  Several retail workers among them recently spoke with The Washington Post, describing how the pandemic led to increased hours, pay cuts and understaffed stores, frequented by more disruptive customers. “We’re seeing a wider understanding that these were never good jobs and they were never livable jobs,”  said Rutgers …

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The future of the dollar (a bit long, but important)

The mighty US dollar continues to reign supreme in global markets. But the greenback’s dominance may well be more fragile than it appears, because expected future changes in China’s exchange-rate regime are likely to trigger a significant shift in the international monetary order. For many reasons, the Chinese authorities will probably someday stop pegging the …

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Money under false pretences

Fossil fuel companies in the US received billions of dollars in tax benefits through government coronavirus relief measures, but laid off tens of thousands of workers, figures show. A group of 77 firms received $8.2bn in tax-code changes under the massive stimulus bill passed by Congress last last year, and some benefited from the paycheck …

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A side-effect of Brexit

Thousands of British citizens in France have been left without a valid driving licence, or face losing theirs within months, because of bureaucratic overload and the failure of the two countries’ governments to sign a post-Brexit reciprocal agreement. “I’d say there are 3,000 who are seriously worried – for whom this has really become nightmarish,” …

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So much for fighting global climate change!

The world’s 60 largest banks have provided $3.8tn of financing for fossil fuel companies since the Paris climate agreement in 2015, a coalition of NGOs have said. While the coronavirus pandemic has triggered a drop in energy use, funding is still net rising. US and Canadian banks comprise 13 of the 60 banks analysed but …

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