Tuesday, March 19, 2019

In the news, Tuesday, March 5, 2019


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MAR 04      INDEX      MAR 06
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from AP  Associated Press - Media/News Company

FDA allows treatment of depression with club drug’s cousin
A mind-altering medication related to the club drug Special K won U.S. approval Tuesday for patients with hard-to-treat depression, the first in a series of long-overlooked substances being reconsidered for severe forms of mental illness. The nasal spray from Johnson & Johnson is a chemical cousin of ketamine, which has been used for decades as a powerful anesthetic to prepare patients for surgery. In the 1990s, the medication was adopted as a party drug by the underground rave culture due to its ability to produce psychedelic, out-of-body experiences. More recently, some doctors have given ketamine to people with depression without formal FDA approval. The Food and Drug Administration approved Spravato as a fast-acting treatment for patients who have failed to find relief with at least two antidepressants. Up to 7.4 million American adults suffer from so-called treatment-resistant depression, which heightens the risk of suicide, hospitalization and other serious harm, according to the FDA.

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from Business Insider
[Information from this site may not be reliable.]

An explosive exposé of a $9 billion Russian money-laundering operation entangles Citigroup, Raiffeisen, and Deutsche Bank
A group of investigative journalists have published their findings on what they are calling "the Troika Laundromat," described as a $9 billion money-laundering operation with links to politicians and Russia's largest private investment bank. The investigative-journalism group The Organized Crime and Corruption Reporting Project worked with others including the Lithuanian news site 15min.lt and The Guardian for the project. Journalists said the project represented one of the largest banking leaks ever and entangled Western banks including the US-based Citigroup, the Austria-based Raiffeisen, and the Germany-based Deutsche Bank.

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from City Journal
A quarterly magazine of urban affairs, published by the Manhattan Institute

Climate Science’s Myth-Buster
It’s time to be scientific about global warming, says climatologist Judith Curry.
In political discourse and in the media, major storms and floods typically get presented as signs of impending doom, accompanied by invocations to the environment and calls to respect Mother Nature. Only catastrophes seem to grab our attention, though, and it’s rarely mentioned that warming would also bring some benefits, such as expanded production of grains in previously frozen regions of Canada and Russia. Nor do we hear that people die more often of cold weather than of hot weather. Isolated voices criticize the alarm over global warming, considering it a pseudoscientific thesis, the true aim of which is to thwart economic modernization and free-market growth and to extend the power of states over individual choices.

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from DW News (Deutsche Welle)
Broadcasting & Media Production Company in Bonn, Germany

After 5 years of Ukraine sanctions, where are Viktor Yanukovych's millions?

EU sanctions against Ukraine's former president have been in place for five years. As criminal investigations drag on, the chances of returning the millions in stolen money to its rightful owners are rapidly dwindling.

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from FEE (Foundation for Economic Education)
RIGHT-CENTER BIAS, HIGH, non-profit organization

Whether it's through investment, consumption, or philanthropy, the vast majority of wealth billionaires hold is anything but stagnant.

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from HumanProgress.org  Education Website

The Deal That Could Kick-Start Africa's Industrial Revolution
It looks likely that the African Continental Free Trade Area (AfCFTA) will be implemented in the next few weeks. Only 22 African nations need to ratify the AfCFTA before it can be enacted, and thus far, 19 countries have done so. Last week experts from the United Nations Economic Commision for Africa met to discuss AfCFTA implementation strategies. The enactment of the AfCFTA is fantastic news for the continent. Securing free trade throughout the continent has the potential to kick-start Africa’s industrial revolution and develop its economy in ways never before seen. Wherever it has been tried, industrialization has lifted millions out of poverty, extended life expectancies, raised literacy rates, and improved living conditions.

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from The Spokesman-Review
Newspaper in Spokane, Washington

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