S Kil

31 Flips | 3 Magazines | 5 Likes | @SKil2015 | Keep up with S Kil on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “S Kil”

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Evidence of the Walmart family fortune isn’t hard to find in Bentonville, Arkansas, where the Waltons have followed Sam Walton’s mantra to ‘operate …

Donald Trump

Big Bang, Deflated? Universe May Have Had No Beginning

If a new theory turns out to be true, the universe may not have started with a bang.<p>In the new formulation, the universe was never a singularity, or …

Physics

China threat requires real American leadership... right now

China is causing real problems for the United States and the rest of the free world from both a national security and an economic standpoint.<p>There were the five Chinese Navy ships currently operating in the Bering Sea off the coast of Alaska.<p>Then there were the long-distance bombers and various …

Taxi drivers block streets of Sydney and Melbourne in rally against UberX

Taxi drivers have staged rallies in Melbourne and Sydney demanding state governments outlaw the ride-sharing service UberX.<p>Around 400 drivers and their supporters gathered outside the New South Wales parliament chanting, “Shame on Uber”, and demanding the state transport minister, Andrew Constance, …

Transportation

Mars breakthrough: Amazing picture that shows Red Planet could have once teemed with life

NASACrust-like rocks deep in the crater are evidence of<p>Data and images sent back by the NASA Mars Curiosity Rover - an all terrain space probe …

Canning byelection: Andrew Hastie refuses to give his views on creationism

Liberal candidate says his religious beliefs are irrelevant and ‘people are sick of this crap’ when asked eight times whether he believes in creationism<p>The Liberal candidate for the Canning byelection, Andrew Hastie, has refused to be drawn on whether he shares his father’s views on creationism, …

Warren Buffett nailed why poverty in America 'does not make sense.'

While describing the high level of poverty in the U.S. — the richest nation on earth — Warren Buffett used seven simple words to perfectly articulate …

Apple Pencil memes eclipse iPad, iPhone announcement at Apple Event

Apple brass unveiled a new iPad, a new iPhone, and a new $99 Apple Pencil at the San Francisco Apple event Wednesday. Guess which one became a viral meme online in about 3 seconds?<p>Just don’t call it a stylus. Unless you actually need to ask someone to hand you one, or refer to it by its actual …

Putin Sends His Dirty War Forces to Syria

The Kremlin isn’t sending just any troops to prop up the Assad regime. It’s dispatching units that spearheaded Russia’s slow-rolling invasion of …

Science says people determine your competence, intelligence, and salary based on your weight

Their past performance? Personality?<p>These qualities might be meaningful, but a growing body of research suggests that we're swayed, too, by aspects of a person's physical appearance — namely, their weight. When it comes to judging professional potential, we're often biased to see overweight people …

China has an unsettling nuclear deterrence strategy

Military watchers around the world eagerly anticipated China's Sept. 3 military parade to commemorate the 70th anniversary of the surrender of Japan and the end of World War II. It was the largest since at least 2009, when the Chinese Communist Party celebrated 60 years in power.<p>The most notable …

Military

Lawyers are just as likely to lose their jobs to robots as truck drivers and factory workers

But white-collar workers like lawyers are equally at risk of losing their jobs to artificial intelligence (AI) that's cheaper and better than human workers, according to Jerry Kaplan, author of "Humans Need Not Apply: A Guide to Wealth and Work in the Age of Artificial Intelligence."<p>Kaplan said any …

Don't believe the hype. Coal employs fewer people than McDonald's | Ben Oquist

If Tony Abbott wants to focus on jobs, he has to abandon his obsession with coal – a capital intensive industry that creates fewer jobs than the horse industry<p>The prime minister has repeatedly said that the next election should be about jobs. He has attempted to kick-start a new “economy versus …

Wayne Swan blasts meagre debate on reform and short-term business policies

The former Labor treasurer Wayne Swan has blasted the poverty of Australia’s reform debate, arguing business is continuing down a “well-trodden path” of pursuing economic policies that will concentrate wealth and increase inequality at the expense of long-term growth.<p>On Thursday Swan will meet …

Income Inequality

You're crazy if you believe Labor's emission cuts would cost $600 bn | Greg Jericho

Despite the fear-mongering, the Coalition’s own modelling shows if emissions were cut 45% below 2005 levels by 2030, GDP growth would stay above 2%<p>When a government is embarrassed about something, it puts it out late on Friday afternoon without even a media release.<p>Such was the case last Friday, …

The number of people living in extreme poverty has declined substantially

One of my major criticisms of Thomas Piketty's blockbuster book on wealth inequality was that it didn't highlight the global effect of inequality well enough. For instance, it didn't note that global poverty has declined substantially over the last 75 years. I wrote:<p>But more interestingly, in a …

Researchers Create Robots Capable of Evolving

Awww, look at the baby robot!<p>Robots are made, they are not born. Or are they? At the University of Cambridge, scientists have created a "mother robot" that can not only build smaller robots, it can also select the fittest among them for survival, and re-arrange the rest.<p>Welcome to the world of …

Opinion: China and other emerging markets stocks are worse investments than the U.S.

According to Wall Street lore, the term “BRICs” was coined by Goldman Sachs in the early 2000s. It wasn’t just the acronym that was catchy to …

Stock Markets

Coalition’s emissions modelling shows little difference in economic impact of large or small cuts

Government’s modelling of the cost of different post-2020 greenhouse emission targets reveal more ambitious cuts won’t cost much more than modest ones<p>The Abbott government has commissioned its own secret modelling of the economic cost of different long-term greenhouse emission targets to be debated …

The Economist: The TPP is Dead

Leith van Onselen at MacroBusiness tells us:<p>The chief economist of The Economist magazine, Simon Baptist, believes that the Trans-Pacific Partnership …

Globalization

Inequality: reframing the debate, reforming institutions and rooting out rent-seeking

<i>Marilyne Tolle.</i><p>Inequality sits near the top of Western politicians’ agendas and exercises the minds of academic economists and policymakers alike. …

Immigration slowdown weighs on Australia’s growth | Financial Times

A booming economy made Australia a magnet for skilled immigrants over the past decade. But as a once in a generation commodities surge unwinds the …

Economics

Australia's central bank upbeat on economy despite slower growth

The Reserve Bank of Australia said "in the face of significant structural change, the economy has continued to grow at a moderate pace over the past year", but added there were signs of improving conditions including in the labour market and in the non-mining sector.<p>"Data on the domestic economy …

Goldman Sachs says housing is 36 per cent overvalued in lower-growth economy

Will we eventually look back and conclude that the Sydney pizza delivery boy with 10 investment properties was the canary in the coalmine for the …

RBA unlikely to cut interest rates further after issuing upbeat economic forecast

The Reserve Bank appears likely to keep its powder dry on another interest rate cut, issuing an upbeat assessment of the economy.<p>While the central bank has reduced its economic growth forecasts for the current financial year by half a percentage point, it expects growth to pick up to between 3% and …

The Real Reason America Used Nuclear Weapons Against Japan. It Was Not To End the War Or Save Lives.

Like all Americans, I was taught that the U.S. dropped nuclear bombs on Hiroshima and Nagasaki in order to end WWII and save both American and …

Ten books that changed the world

Photograph: Sipa Press / Rex Features/Sipa Press / Rex Features<p>Simone de Beauvoir. Photograph: Rex<p>84<p>image/jpeg<p>http://media.guim.co.uk/a12a811d7cae27fd195e3557a9e6325b45ab3aa5/0_0_1008_605/140.jpg<p>140<p>Photograph: pr<p>Aldo Leopold. Photograph: Starker Leopold/Aldo Leopold …