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Our fixation with growth is hindering the battle against inequality, WEF warns

“This results in world leaders failing to account for how inclusive, or not, their economies are, the WEF said” writes Andrew Francis Wallace for cnbc.com. “Under-emphasis of these (structural) policies relative to macroeconomic, trade and financial stability policies is a key reason for many governments’ failure in recent decades to mobilize a more effective response to widening inequality and stagnating median income as technological change and globalization have gathered force,” the report said. Source: cnbc.com Share This:

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Trump’s trade policies could cancel out the benefits of tax reform, EY says

“Tax reforms may help the United States score more investments from both local and foreign companies, but those benefits could be offset by the Trump administration’s protectionist trade policies, a major accounting firm said Friday” writes Yen Nee Lee for cnbc.com. Since President Donald Trump took office, the U.S. has pulled out of the Trans-Pacific Partnership and is re-negotiating the North American Free Trade Agreement and the Korea-United States Free Trade Agreement. “(What) everyone has to keep an eye on is the trade issue.A lot of it is also dependent…

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Japan’s Abe urges central bank’s Kuroda to keep up efforts on economy

“Japanese Prime Minister Shinzo Abe on Sunday called on central bank governor Haruhiko Kuroda to keep up efforts to reflate the economy, but added he was undecided on whether to reappoint Kuroda for another five-year term” writes unknown author for cnbc.com. Abe said Japan’s economy was showing signs of emerging from deflation, with a tightening job market pushing up wages.Some policymakers are keen to declare an end to deflation, which would help Abe argue his policies succeeded in reflating the economy.Abe also said the government would continue to work with…

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Colorado Senate Democrats: We’ll give Sessions our legal pot ‘when he pries it from our warm, extremely interesting to look at hands’

“We’ll give Jeff Sessions our legal pot when he pries it from our warm, extremely interesting to look at hands,” the caucus tweeted” writes Mandy Mayfield for washingtonexaminer.com. The Twitter account followed the initial tweet with a thread of information about how the legalized pot industry has economically transformed the state.Sessions will announce Thursday he is rescinding Obama administration memos that set forth policies or non-interference with states that legalize marijuana.In 2012, Colorado and Washington became the first states to legalize marijuana for recreational use.The Colorado State Senate Democratic Caucus…

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Should states have a role in climate policy?

“But an unwieldy patchwork of 50 different state policies is an extremely unlikely outcome of state initiatives” writes Arthur Van Benthem for marketwatch.com. Those who criticize states for overreaching and moving contrary to federal policy should consider that state climate initiatives seem to fit seamlessly with the Environmental Protection Agency’s stated goal to return power to the states under Administrator Scott Pruitt.A strong case exists for funding precommercial research and development in a variety of speculative technologies, renewable energy included.Consider Vermont, which has established a so-called renewable portfolio standard requiring…

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Cargill workforce pushes back against Trump trade policies

“And he specializes in two-nation trade deals instead of multinational pacts like Trans Pacific Partnership, on which Cargill worked for years” writes Jim Spencer for seattletimes.com. But in a September talk at the Center for Strategic and International Studies, Lighthizer noted that Trump has long “been critical of the prevailing U.S. trade policy of so-called free trade deals and of their effects on workers.Democratic congressman Rick Nolan, who represents Minnesota’s Iron Range, is a longtime critic of free-trade agreements.Minnesota corn and hog farmer Bruce Peterson said free-trade agreements have treated…

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Female Senators Demand Better Harassment Policies from the National Intelligence Director

“It is everywhere,” the women in intelligence insisted” writes Mattie Kahn for elle.com. Now, they’ve spearheaded an effort within the Senate Select Committee on Intelligence to demand answers from National Director of Intelligence Dan Coats, pressing him to not only review and respond to the abuse these women described, but that he meet with senators in the Intelligence Committee to outline a plan to address their claims. Source: elle.com Share This:

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Twitter Stock Surges as Anti-Harassment Rules Take Effect

“Read more: Twitter Rolls Out Stricter Rules on Abusive Content “Today, we are starting to enforce these policies across Twitter,” reads a statement on the Twitter safety blog” writes Natalie Jarvey for billboard.com. The new rules, which provide more specific policies about violent and hateful, were first introduced in November.The company’s stock is trading up nearly 10 percent midday following a Monday morning crackdown on hateful conduct.Already, several accounts — including those belonging to alt-right groups such as American Renaissance and Britain First — appear to have been suspended due…

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There’s a built-in Trump exemption in Twitter’s new abuse policy that will allow the president to keep tweeting

“Even though Trump has apparently violated Twitter’s abuse policy on numerous occassions, his status as a “government entity” gives him a pass” writes Steve Kovach for businessinsider.com. One of the first casualties of the new policy was Britain First, an anti-Islam group. Source: businessinsider.com Share This:

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