LLPOH: Single Payer goes Gomer Pyle: Surprise, Surprise, Surprise!

As many would know, Australia has a single payer medical system, augmented by private insurance. What that means is that if you carry private insurance, you do not have to wait months, even years, for “elective” surgeries, like knee surgeries, etc., but rather can get taken care of immediately with your choice of doctor and … Continue reading “LLPOH: Single Payer goes Gomer Pyle: Surprise, Surprise, Surprise!”

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Investigation paper on TNB’s overcharged bills with AGC

The probe into Tenaga Nasional Bhd (TNB)’s alleged violation of the Energy Commission standard for service levels has been completed, with the investigation paper (IP) sent to the Attorney-General’s Chambers (AGC) for feedback.
Energy, Science, Technol…

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Malaysian consumers 10th most confident globally — Nielsen

Malaysian consumers are the 10th most confident globally based on The Conference Board Global Consumer Confidence Survey, which was produced in collaboration with Nielsen.
Nielsen said in a statement today Malaysia was ranked 10th globally on the surve…

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Mah Sing buys prime land next to Kepong Metropolitan Park

Mah Sing Group Bhd said today it is acquiring a 5.47-acre (2.19ha) prime land in Mukim Batu, Taman Metropolitan, Kepong here for about RM94.8 million. The land is earmarked for development of an estimated RM705 million worth of serviced apartments know…

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Putin Calls For End To ‘Generous’ Oil Industry Tax Breaks

The Russian government’s generous tax break to its largest oil company, Rosneft, for work on its largest oilfield, the Priobskoye, is being called into question by President Vladimir Putin, according to a document published on the Kremlin website seen …

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Purchase your tickets to the 2019 EV Conference

Please click on the button below to pay via credit card or PayPal. Please note a 3% surcharge is added when paying via credit card and PayPal. Tickets Full Conference Early Bird $1,133.00 AUDDay 1 – Monday $824.00 AUDDay 2 – Tuesday $824.00…

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Silver Gets Frisky – Precious Metals Supply and Demand

  Speculators Finally Wade Into Silver Well, wasn’t this an interesting week! The price of gold was up a pedestrian $10, mere noise in the long-term signal. But in silver, we see plus one dollar. It was practically inevitable with the gold-silver ratio at an all-time high, after a big run up in the gold price with […]

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Silver Gets Frisky – Precious Metals Supply and Demand

  Speculators Finally Wade Into Silver Well, wasn’t this an interesting week! The price of gold was up a pedestrian $10, mere noise in the long-term signal. But in silver, we see plus one dollar. It was practically inevitable with the gold-silver ratio at an all-time high, after a big run up in the gold price with […]

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Scientific Long-Term Study Confirms: Seasonality is the Best Investment Strategy!

  A Pleasant Surprise You can probably imagine that I am convinced of the merits of seasonality. However, even I was surprised that an investment strategy based on seasonality is apparently leaving numerous far more popular strategies in the dust. And yet, this is exactly what a recent comprehensive scientific study asserts – a study […]

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Tending Towards Maximum Perversity

  Tending Towards Maximum Perversity According to Finagle’s corollary to Murphy’s law, “Anything that can go wrong, will — at the worst possible moment.”  Taken a degree further, per O’Toole’s corollary of Finagle’s law, and the second law of thermodynamics, “The perversity of the Universe tends towards a maximum.”   Murphy’s law in action… not […]

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Why The United States Won’t Launch A Ground War Versus Iran

Authored by Steve Brown via The Duran,

In recent weeks we have seen numerous probing attempts and provocations in and around the Strait of Hormuz — whether false flags or actual events — intended to raise the profile of the US’s unilateral withdrawal …

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Why Goldman Sachs Thinks Oil Should Be Trading Higher

Fears of weak oil demand are taking over the market, overshadowing tanker battles in the Persian Gulf, something that would have typically sent oil prices skyrocketing. However, demand may also rebound in the second half of this year, offering some ups…

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Oil Glut Could Worsen As Libya’s Civil War Ends

While the Persian Gulf crisis continues to escalate, oil markets have put Libya’s ongoing civil war on the backburner. This weekend, the shutdown of OPEC producer Libya’s giant Sharara field however put it again in the spotlight. On Saturday July 20, L…

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Russia’s Novatek Hits Major Milestones In Arctic LNG Plans

Russian gas producer Novatek closed on Monday the sale of stakes in its Arctic LNG 2 project, just days after Russia’s government approved the construction of a liquefied natural gas (LNG) transshipment terminal that would help Novatek boost LNG export…

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Starving Billionaire

Guest Post by Jeff Thomas via International Man Here we have an image from 2008. It records a Zimbabwean, making a visual comment on the fact that, in a matter of months, his country experienced government-driven hyperinflation that left him broke. In July of that year, inflation stood at 3500% per month. In order to … Continue reading “Starving Billionaire”

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Georgia Lawmaker Claims Chick-Fil-A Employee Told Her To Go Back To Her Country, Later Clarifies He Actually Said ‘My Pleasure’

Via The Babylon Bee ATLANTA, GA—Georgia state rep Erica Thomas took to social media this weekend to express her disgust and outrage at a Chick-fil-A employee’s comments to her in the restaurant’s drive-thru. According to her viral Twitter post, the black state worker claims that after saying thank you for her food, the white cashier … Continue reading “Georgia Lawmaker Claims Chick-Fil-A Employee Told Her To Go Back To Her Country, Later Clarifies He Actually Said ‘My Pleasure’”

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Here’s a phrase you’ll never hear again in the USA

“Gentlemen… the National Debt… is paid.” That sentence has been uttered in Washington DC exactly one time ever, by a Senator announcing that the US government was officially debt free. That was on January 8, 1835 when the debt that the United States government had accrued since its birth was finally paid off. Never again would the United States be debt free. It took 174 years for the debt to rack up to a mind boggling $11 TRILLION in 2009. And then it took only ten years to balloon ANOTHER $11 trillion. Today the national debt is larger than the entire economy of the USA, $22 trillion. It took 147 […]

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UK Prime Minister To Chair Meeting On Iran Tanker Crisis

UK’s Prime Minister Theresa May will chair a meeting of emergency committee Cobra following Iran’s seizure of a British-flagged tanker last Friday, the BBC reports. The report notes the meeting comes amid talk about the UK freezing Iranian assets in re…

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RBC: Natural Gas Glut Will Last Into 2020s

A supply overhang in natural gas will persist into the next decade, the Royal Bank of Canada has projected, adding that China will be the single biggest driver of demand on this market. S&P Global Platts quoted the bank’s report on the topic as saying …

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30,000 In NYC Without Power During Heat Wave Weekend

Some 30,000 Con Ed customers in New York City were left without power temporarily yesterday as the utility fought a string of outages caused by the heat wave that struck the city this weekend. “Here’s where we stand: Con Ed is taking 30K customers in B…

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Oil Market Prepares For Super Secret Mexico Hedge

Wall Street banks have started preparing their positions on oil ahead of the annual Mexico oil hedge, in which Mexico places bets of as much as US$1 billion to protect its coffers from oil price volatility in the next 12 months. Reuters quotes traders …

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The Two Most Important Catalysts For Oil

The International Energy Agency (IEA) said that it would cut its oil demand forecast due to a slowing global economy. “China is experiencing its slowest economic growth in the last three decades, so are some of the advanced economies … if the global …

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U.S. Shale Is Doomed No Matter What They Do

With financial stress setting in for U.S. shale companies, some are trying to drill their way out of the problem, while others are hoping to boost profitability by cutting costs and implementing spending restraint. Both approaches are riddled with risk…

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Why Saudi Arabia’s Crown Prince Keeps The Aramco IPO Alive

The Aramco IPO story seems more and more to be a line from the world famous story of “Scheherazade and 1001 nights”. As the famous princess needed to tell stories to save her life from the wrath of Sultan Shahryar, Saudi Crown Prince Mohammed bin Salma…

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What’s Behind The North Sea Spending Spree?

Emerging from one of the worst downturns in decades, one of the world’s oldest producing oil basins, the UK North Sea, is now taking a leaf out of U.S. shale’s playbook to replicate the leaner, meaner shorter-cycle production developments of one of the…

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Electric Vehicle Sales Are Exploding In Europe

The next two years are likely to be the tipping point for electric vehicles (EVs) going mainstream in Europe, as the number of electric car models on the European market is set to more than triple in the next three years, Transport & Environment (T&E),…

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