Author: Net economy

A Vertical Forest Is Proposed in Toronto, Canada | US News

Posted by

0


A Toronto-based firm, Brisbin Brook Beynon Architects, has unveiled a proposal to build a 27-story condo building spanning an entire city block in Toronto’s downtown core. The building would slope up toward its peak, creating giant terraces home to about 500 trees. The vegetation would serve a fundamental purpose rather than an ornamental one: to reduce the city’s overall carbon footprint.

The building on Designers Walk, a commercial area in an upscale neighborhood, would be Canada’s first “vertical forest” – and one of at least a dozen architectural projects of its kind completed or now under construction around the world.

Proponents say these buildings are good for the environment and have the potential to change the way millions of urbanites live.

Detractors have raised doubts about their environmental contributions and sustainability.

Source: A Vertical Forest Is Proposed in Toronto, Canada | Cities | US News

Nancy Pelosi May Be the Most Powerful Person in America | US News

Posted by

0


Pelosi, as leader of the opposition party, arguably will become the most powerful person in the country.

Not only will Pelosi head the House chamber that is expected to investigate President Trump and possibly impeach him, but she can thwart the president’s legislative wish list as well, experts note. Even before she had tied down the final votes she needs to become speaker, Pelosi was adamant to Trump in an extraordinary, combative public negotiating session Tuesday that he would not get the border wall he had promised during his campaign.

She never said it out loud, but the implication was clear: Pelosi might be ascending to a third-ranking post – behind the president and vice president – but she holds much of his fate in her well-manicured hands.

Source: Nancy Pelosi May Be the Most Powerful Person in America | The Civic Report | US News

Jet Airways’ survival may rest on founder Goyal leaving the cockpit | Reuters

Posted by

0

[India]


Jet Airways Ltd’s (JET.NS) 69-year-old founder Naresh Goyal, who started out as an assistant in a travel agency, wove together charm, persistence and consummate dealmaking to build India’s biggest full-service carrier.

Now, his penchant for control has emerged as a major obstacle as the indebted airline tries to negotiate a rescue deal, several people who have worked closely with him or known him over the years told Reuters on condition of anonymity.

“He was a visionary in his day but those days are behind us,” said a senior aircraft financier who has done deals with Goyal. “This is the moment of truth for Naresh Goyal.”

Source: Jet Airways’ survival may rest on founder Goyal leaving the cockpit | Reuters

The argument over Pelosi as House speaker misses the point | Reuters

Posted by

0


Pelosi remained the strong favorite by masterfully playing different factions of opponents against each other, co-opting potential challengers like Marcia Fudge of Ohio by giving them important positions, and through a media campaign touting her record of accomplishment and her very solid credentials, all of which made it harder for liberal Democrats in Congress to oppose her.

For Pelosi the fight was all but won when progressive critics realized that if the liberal Congresswoman, who has been in Congress since the Reagan administration, was deposed as leader, it would be from the right of the party. Once that occurred, Pelosi was able to offer progressives more power in the Democratic caucus in exchange for their support.

Source: Commentary: The argument over Pelosi as House speaker misses the point | Reuters

U.S., South Korea can’t agree on sharing the bill after Trump’s criticism | Reuters

Posted by

0


U.S. President Donald Trump has repeatedly said that South Korea should bear more of the burden for keeping some 28,500 U.S. troops in South Korea, where the United States has stationed forces since the 1950-53 Korean War.

Senior officials from both sides held three-day talks in Seoul from Tuesday to hammer out an accord to replace a 2014 deal due to expire this year, which requires South Korea to pay about 960 billion won ($850 million) this year.

Source: U.S., South Korea can’t agree on sharing the bill after Trump’s criticism | Reuters

U.S. Senate hands Trump historic rebuke on Saudi Arabia | Reuters

Posted by

0


The votes were largely symbolic because to become law the resolutions would have to pass the House of Representatives, whose Republican leaders have blocked any legislation intended to rebuke the Saudis.

In a historic move, Senators voted 56-41 to end U.S. military support for the Saudi-led coalition in Yemen’s civil war.

Source: U.S. Senate hands Trump historic rebuke on Saudi Arabia | Reuters

Trump leaves GOP in turmoil with shutdown looming | TheHill

Posted by

0

Republicans are girding themselves for a partial government shutdown, just in time for Christmas.

The partial shutdown has grown more and more likely, they say, because of President Trump’s self-defeating comments at a White House meeting with congressional Democrats earlier this week about how he would accept blame for a shutdown caused by his demands for $5 billion in wall funding.

Source: Trump leaves GOP in turmoil with shutdown looming | TheHill

Judge Andrew Napolitano: Michael Cohen’s actions ‘at the direction of the president’ | Fox News

Posted by

0

When the federal prosecutors made their submissions for the most part public, they revealed two disturbing facts.

Special counsel Robert Mueller in Washington revealed that in the government’s view, Manafort had reneged on his plea agreement by lying to FBI agents who were sent to debrief him about his contacts with the White House.

And federal prosecutors in the U.S. District Court for the Southern District of New York revealed that some of Cohen’s crimes had been committed with the knowledge of and at the direction of Trump or to shield him.

Then all hell broke loose.

Source: Judge Andrew Napolitano: Michael Cohen’s actions ‘at the direction of the president’ | Fox News

Intel panel expects to refer more cases of suspected lying to Mueller | TheHill

Posted by

0

Sen. Richard Burr (R-N.C.) said Thursday that the Senate Intelligence Committee has made “quite a few referrals” to special counsel Robert Mueller of cases where witnesses questioned in the panel’s Russia probe were suspected of lying, adding he expects there will be more.

“We’ve made quite a few referrals,” Burr, who chairs the Senate panel, told The Hill on Thursday afternoon. “I won’t get into the numbers, but where we have found criminality, we have made those referrals, and I’m sure that they’re not the last.”

Source: Intel panel expects to refer more cases of suspected lying to Mueller | TheHill

What GM’s layoffs reveal about the digitalization of the auto industry

Posted by

0


While all of those perspectives are relevant, the most revealing aspect of GM’s announcement may well be what the layoffs say about broader technology trends. GM’s layoffs are not just incremental but existential, in that sense:

They are about accelerating the staffing changes mandated by the company’s aggressive transition from analog to digital products and from gasoline to electric power.

As such, the new layoffs (and associated future hirings) are likely an augury of much more disruption coming — in the auto sector, for sure, but also in firms all across the economy.

Central to GM’s announcement is, in our view, what we call the “digitalization of everything.”

By that, we mean that GM’s layoffs significantly reflect the talent and workforce strains associated with the diffusion of digital and electronic technologies into nearly every industry, business, and workplace in America.

Source: What GM’s layoffs reveal about the digitalization of the auto industry