Ford

How America Armed Terrorists In Syria

Three-term Congresswoman Tulsi Gabbard’'s "Stop Arming Terrorists Act" challenges for the first time in Congress a U.S. policy toward the conflict in the Syrian civil war that should have set off alarm bells long ago...

"Technology Is Replacing Brains As Well As Brawn" - Challenging The 'Official' Automation Narrative (& Social Order)

...even if the academics are right and new high-skill jobs emerge to replace the ones that are being automated away, huge disruptions would still await. Large portions of the global workforce would still need retraining. And if work becomes a luxury, widespread joblessness and greater inequality could make it increasingly more difficult for the government to maintain social order.

Frontrunning: June 21

  • Republican Handel Wins Georgia House Seat, Dashing Democrats’ Hopes (BBG)
  • Uber CEO Kalanick Quits as Investors Revolt (WSJ)
  • Saudi King’s Surprise Shakeup Clears Son’s Path to the Throne (BBG)
  • After weeks of secrecy, U.S. Senate to unveil healthcare bill (Reuters)
  • Latest Election-Hacking Hearings to Focus on State-Level Events (WSJ)

Remember When Ford 'Cancelled' That Plant In Mexico? Well, They've Just Moved It To China

Trump's victory lap back in January after Ford cancelled plans for a brand new $1.6 billion production facility in Mexico may have been premature.  As it turns out, per a press release from earlier this morning, one of the first strategic actions taken by Ford's new CEO, Jim Hackett, will be to relocate the company's 'Focus' production to China rather than Mexico.

Shale Efficiency Has Peaked For Now As Rig Count Surges For 22nd Straight Week

North America’s education on how to make oilfields more productive appears to be stalling. After a breathtaking uphill sprint, productivity data from the U.S. Energy Information Agency shows that the last few thousand oil wells in top-class American plays may have hit a limit—at least for now.