One of the ways Donald Trump’s budget claims to balance the budget over a decade, without cutting defense or retirement spending, is to assume a $2 trillion increase in revenue through economic growth. This is the magic of the still-to-be-designed Trump tax cuts. But wait — if you recall, the magic of the Trump tax cuts is also supposed to pay for the Trump tax cuts. So the $2 trillion is a double-counting error.
Swiss voters are supporting a referendum to withdraw the country from nuclear power in favour of renewable energy.
A projection from Sunday’s referendum shows a majority of cantons (states) voted for the plan. Under Switzerland’s direct democracy system, initiatives need a majority of both cantons and votes to pass.
FOR sunny places not connected to the electricity grid, the falling price of solar panels and LED lighting promises a bright future. No more smoky, lung-damaging kerosene lamps. Greater security and safety. More ways to connect with the world—even if that involves only something as simple as being able to charge a mobile phone. And, above all, the chance to work or study into the evening and thus improve both a family’s immediate economic circumstances and its children’s future prospects.
It was designed as an impregnable deep-freeze to protect the world’s most precious seeds from any global disaster and ensure humanity’s food supply forever. But the Global Seed Vault, buried in a mountain deep inside the Arctic circle, has been breached after global warming produced extraordinary temperatures over the winter, sending meltwater gushing into the entrance tunnel.