A Look At How Nestle Makes Billions Selling You Groundwater In A Bottle


A few weeks ago we shared with readers a lawsuit filed in Connecticut against Nestle Waters North America, Inc. alleging that the water they marketed as Poland ‘Natural Spring Water’ was actually just bottled groundwater…the same water that runs through the taps of many American households. 
Now a new investigation from Bloomberg Businessweek reveals how large water bottling companies choose their plant locations based not on the steady supply of pristine, natural drinking water, as their labels and other marketing campaigns would lead you to believe, but based on which economically depressed municipalities offer up the most tax breaks and have the most lax water laws. 

Here

Colonialism did not Make Africa Poor


Africa is a big place with a lot of history, but is treated as a single entity in modern political discussions. Before going over the charts, consider this:
In 1950, the continent of Africa (including North Africa) had a population of 230 million.
In 2015, that number had increased to 1,166 million (1.166 billion).
This is a quintupling of the population. Is Europe directly responsible for that? Did they pay Africans to overbreed? This, the most important factor in Africa’s standard of living, is simply not mentioned.

Here

Coming Thick & Fast Now : Trump says he will not label China currency manipulator, reversing campaign promise

 
President Trump on Wednesday said he would not label China a currency manipulator, contradicting one of the biggest economic promises he made on the campaign trail.
Trump told the Wall Street Journal that he had changed his mind because China is not currently manipulating its currency, adding that he hoped to enlist China’s help on containing the nuclear threat from North Korea.

https://www.washingtonpost.com/news/wonk/wp/2017/04/12/trump-says-he-will-not-label-china-currency-manipulator-reversing-campaign-promise/?tid=sm_tw&utm_term=.a2b6b089609e

EUROZONE TURMOIL: Spain, Italy and Greece owe massive debt of €1 TRILLION to ECB

 
Analysts condemned the “flawed economics of this reckless [EU] experiment” and said the ECB faces a rude awakening as states crumble under the burden of debt.
Market conditions in Eurozone are showing signs of a return to the conditions that sparked the 2011 European debt crisis which first reared its head in 2009.
The ECB uses a system called Target2 to assess levels of debt and the bank’s data appears to show it is only a matter of time before the current system breaks.

http://www.express.co.uk/news/world/781518/Eurozone-finance-economy-trillion-debt-ECB-Spain-Italy-Portugal-Greece