Monday Finds

Science and Superstitions

  • NASA reports net gains in Antarctic ice sheet. They further state that Antartica is not responsible for rising global sea levels. Still, they warn that if the diminishing returns of the last two decades continue, the net gains will turn net loss in 20 to 30 years.
  • Vaccines have no link to autism, another study confirms. Breaking mirrors will not bring you seven years of bad luck. Knocking on wood will not improve your odds of achievement. Hats are perfectly safe on beds, and it is acceptable to walk under a ladder.

Mother Russia

Money and Power

  • Chairman of the Federal Reserve Jerome Powell declared himself untouchable in an interview yesterday. Powell came under scrutiny from the Trump administration after approving 4 federal interest rate increases in 2018. When asked directly if he thought Trump could fire him, he answered “no.”
  • France plans on shaking down big tech companies that operate within its borders. A bill in France, known as GAFA (Google, Amazon, Facebook, and Apple) will tax the companies based on their revenue as opposed to their profits.
  • Apple has finished paying off $14.3 billion dollars in what was declared “unfair tax incentives” to Ireland. According to Reuters, Apple will keep over a billion dollars of that sum in an escrow account while they appeal the decision. As the world’s first trillion dollar company, at worst, the company will sustain a 1 % loss.
  • Venezuela’s power outages have left 80% of the country still offline, while at one point on Saturday, only 2% of the population had power. The state has intermittently blocked social media platforms amidst unrest in its population. Yes, they have internet in Venezuela. Well, they had it anyways.

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