Author: Gerald Arnold

Canada Launches Grand Legalization Experiment

Many Canadians reacted jubilantly last week as their country became the second in the world, and the first among the economically-powerful G-7 nations to legalize weed. The move sets Canadian businesses at the forefront of a growing new industry, and is a major social, political and economic experiment, according to major U.S. newspapers. It also sets the Canadian government at odds again with some in the Trump Administration. The New York Times called Canada’s cannabis legalization a grand experiment that will change the country’s political and economic fabric. Significant numbers of Canadians were happy about the prospect. The Times...

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Total Eclipse Of The Bees

Listening to the bees buzz can be a pleasure. Going through a total eclipse of the sun is awe inspiring. Just don’t expect both at the same time. That’s the surprising finding of a recent study. University of Missouri researchers found during the 2017 North American eclipse that the bees just … stopped. According to CNet: The researchers anticipated bee activity would drop as the sunlight dimmed, and would reach a minimum at totality. “But we had not expected that the change would be so abrupt, that bees would continue flying up until totality and only then stop, completely,”...

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Is This 8-Year-Old Girl The Queen Of The Swedes Now?

An 8-year-old girl’s discovery could shake up what’s left of the royal houses of Europe. Swedish-American Saga Vanecek discovered a pre-Viking era sword in a Swedish lake. Her discovery has prompted locals to call her the “Queen of Sweden.” According to CNN: Experts at a local museum estimate the sword to be around 1,500 years old, according to local reports. “I was outside in the water, throwing sticks and stones and stuff to see how far they skip, and then I found some kind of stick,” Vanecek told The Local, a Swedish news website. “I picked it up and was going...

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Elon Musk Makes A Deal With Feds

Elon Musk will get to stay on as CEO of the electric car company he founded following a deal with the SEC in which he agreed to relinquish his chairmanship of Tesla. The settlement came days after the regulator sued the Silicon Valley entrepreneur for fraud over a post last month that he had lined up funding to take Tesla private at $420 per share. The SEC sought in the suit to oust Musk as CEO of Tesla and bar him from leading a public company. Musk will not be required to admit any wrongdoing as part of the...

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Will Trump’s Trade War Tank World Economy?

Markets have largely ignored President Donald Trump’s continual escalation of a trade war with China. But they may be making a mistake. Lorenzo Bini Smaghi, Chairman of Societe Generale, told CNBC last week financial markets should pay more attention to trade tensions between the world’s two largest economies. According to the network: “I don’t think a trade war is very good, said Bini Smaghi, an Italian economist and former European Central Bank board member. He acknowledged there is a need to “put pressure on China to liberalize.” However, the world’s two largest economies need to find a way to resolve their...

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