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Human breast milk has become a new luxury for China’s rich

“Xinxinyu, a domestic staff agency in the booming city of Shenzhen, which borders Hong Kong, provided wet nurses for newborns, the sick and other adults who pay high prices for the milk’s fine nutrition, the Southern Metropolis Daily said. ‘Adult (clients) can drink it directly through breastfeeding, or they can always drink it from a breast pump if they feel embarrassed,’ the report quoted company owner Lin Jun as saying. Wet nurses serving adults are paid around 16,000 yuan ($2,600) a month — more than four times the Chinese average — and those who were ‘healthy and good looking’ could earn even more, the report said.” Continue reading →

Kipochi launches first Bitcoin wallet in Africa with M-Pesa integration

“This enables Kenyans to receive money transfers from the diaspora in an easier, faster and cheaper way, compared to using banks and money transferring services such as Western Union and MoneyGram. Kipochi is a light weight easy to use BitCoin Wallet that allows users to receive and send BitCoin all over the world. Even for people using simple low cost feature phones. M-Pesa currently accounts for 31% of Kenya’s GDP. M-Pesa, the leading mobile payment system in Kenya and in the world, more than 70% of Kenya’s adult population uses Mpesa for small transfers, such as cash between family/friends, paying domestic help, utility bills etc.” Continue reading →

In London, the next wave of Bitcoin growth will be led by startups and innovation

“At Bitcoin London this week, it was clear that it would be the next wave of innovative startups that might be able to eventually move Bitcoin from an experimental currency into a more mainstream financial force in London. The event highlighted some of the bigger Bitcoin startups, which have launched exchanges or apps, as well as newer players, like a Bitcoin conversion machine maker, which is looking to install its first box in the Fall. Britons in general seem more keen on Bitcoin and, for those that have heard of the cyber currency, 40 percent of them trust Bitcoin as much as British sterling, according to a recent survey. That’s compared to 16 percent in the U.S.” Continue reading →

Bill Bonner: What I’m Doing With My Money Now

“Family offices have for hundreds of years been protecting and growing family wealth, based on a number of unique long-term investment strategies. They’ve also been helping families pass on their wealth through the generations. The skills necessary for building wealth – including the habits and the customs that allow you to hold onto it and pass it along to the next generation – can take a long time to accumulate. Why are the Swiss so wealthy, for example, and the Bolivians… or the Zimbabweans… or the Albanians… or the Baltimoreans… so poor? The Swiss have the habit of wealth; the others do not. There are some skills that take more than a generation to acquire.” Continue reading →

Catholic Priest Allegedly Beheaded in Syria by Al-Qaeda-Linked Rebels Who Take Pictures and Cheer

“The Catholic news service quotes local sources who report that the radical Al-Qaeda-linked Jabhat al-Nusra, or Al-Nusra Front, was behind the savage killing. Dozens of men and boys are seen cheering on as three men are seated on the ground awaiting their grisly fate. The men are methodically beheaded one at a time by men holding what appears to be a simple kitchen knife after which the heads are placed on top of the bodies. A frenzy ensues, with dozens drawing out their smartphones to capture the bloody scene. Catholic Online is raising alarm that western nations are providing support to the rebels who have shown a proclivity toward persecuting Christians.” Continue reading →

When is a coup not a coup?

“Republicans also voiced strong support for Egypt’s military, whose close ties to Washington stretch back to the 1979 Israeli-Egypt peace accords. ‘The Egyptian military has long been a key partner of the United States and a stabilizing force in the region, and is perhaps the only trusted national institution in Egypt today,’ said U.S. Representative Eric Cantor, the No. 2 Republican in the House. ‘Democracy is about more than elections,’ he said.” Continue reading →

Susan Rice for National Security Advisor?

“She and her husband have a net worth estimated at between $23.5 and $43.5 million. From October 1997 to January 2001, she was Bill Clinton’s Assistant Secretary of State for African Affairs. She supported Washington’s imperial Afghan and Iraq wars. She urged longterm occupation. She endorsed imperial war on Libya. She falsified claims about Gaddafi forces committing mass rapes. She ignored Western-enlisted death squad atrocities. She’s been silent about them throughout Obama’s war on Syria. She blames Assad for Western imperial crimes. She asked for UN authorization to wage war. She favors partnering with Israel against Iran.” Continue reading →

Missouri threatens return of gas chambers for death row inmates

“The state of Missouri is threatening to resurrect the use of the gas chamber for executions, as an alternative to its dwindling supply of lethal-injection drugs. Drugs companies in America, Europe and Asia have refused on ethical grounds to sell their products to corrections departments, and the European Commission has imposed tough restrictions on the export of anaesthetics to the US. As supplies became harder to procure, Missouri last year became the only state in the nation to turn to an execution protocol that used just one lethal injection, of the anaesthetic propofol in doses 15 times stronger than in usual surgical procedures.” Continue reading →