Recent Posts

Finally, a GMO to tempt crowd at Whole Foods

These days everything from cookies to orange juice carry labels boasting that they’re GMO free – a marketing ploy that assumes consumers still hate, fear or at least disapprove of genetically modified organisms (GMO) despite reassurances from the National Academies of Sciences, Engineering and Medicine. While science journalists have bemoaned this as irrational fear, people might be making a reasonable ...

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Big tech’s European nemesis can take one last swipe

When Margrethe Vestager’s five-year term as European competition commissioner ends, the world’s biggest tech companies will breathe a sigh of relief. The Danish politician has been a thorn in the side of the Silicon Valley giants, imposing back taxes on Apple and Amazon.com and fines on Facebook and Google parent Alphabet Inc. “I suspect that, assuming as we all do ...

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Monetary policy remains prudent, say PBOC officials

Bloomberg Senior People’s Bank of China (PBOC) officials pushed back against interpretations of its recent moves as signalling significantly looser policy, emphas- ising that monetary policy remains prudent — though it will be more targeted and flexible. “The stance on prudent monetary policy hasn’t changed,” Sun Guofeng, director of the monetary policy department, told reporters in Beijing. “But it’ll be ...

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