Los Angeles Times (March 28)
“California ought to learn from the experience of Australia, the driest continent on Earth, with a broadly similar economy.” California has been reeling from perpetual water shortages: the result of a flawed water policy. California “uses enough water in an average year to support, in theory, 318 million Californians (and their lawns and dishwashers), more than eight times the actual population of 38 million.”
Tags: Australia, California, Dishwashers, Dry, Economy, Lawns, Policy, Population, Shortages, Water
Wall Street Journal (February 16, 2014)
“It’s getting ugly in Venezuela.” The economy is crumbling with inflation north of 56% and wide-spread shortages, which have caused some factories to close. Amid growing protests, Venezuelan President Nicolas Maduro is consolidating power using deaths at recent protests “to justify a government crackdown on growing civic unrest directed at his leadership and a deteriorating economy.” A natural “strongman,” President Maduro is now following “the Cuban model.”
Tags: Crackdown, Cuba, Economy, Inflation, Leadership, Nicolas Maduro, Protests, Shortages, Strongman, Unrest, Venezuela