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Enlarge (credit: Texas Military Department) The story explaining the incredible flooding in Houston during Hurricane Harvey has many chapters, ranging from meteorology to the history of groundwater use and development zoning. The chapter on climate change has already had a few pages filled in, thanks to a study quickly published by MIT hurricane scientist Kerry […]
Whirlpool Sears is no longer selling Whirlpool products, including the Maytag, KitchenAid, and Jenn-Air brands. The retailer sold its first washing machine from the company that would become Whirlpool in 1916. Sears’ sales have plummeted in recent years, with suppliers expressing concerns regarding bankruptcy. Sears’ 100-plus-year history of selling Whirlpool appliances — from washing machines to […]
ONE hundred years ago, Argentina was not the country it is today. Thanks to a belle époque of lavish foreign investment, rapid inward migration and bountiful agricultural exports, its GDP per person in 1917 was comparable to that of Germany and France. Although the first world war brutally interrupted international trade and investment, the country […]
HOW can governments borrow most cheaply? The answer matters hugely for taxpayers. Take America: it has $ 14trn in outstanding national debt, fully three-quarters of GDP. Interest payments alone are expected to reach $ 280bn this fiscal year—ie, more than three times the combined budgets of the Departments of Education, Labour and Commerce. The problem […]
