Mainstream News

Controversial study finds that big and famous hospitals aren’t always the best for surgery

"The group used two measures: the percentage of Medicare patients who died in the hospital during or after their surgery, and the percentage who stayed in the hospital longer than expected based on standards of care for their condition. Both are indicators of complications and overall quality of care, said Dr John Santa, medical director of Consumer Reports Health. Many nationally renowned hospitals earned only mediocre ratings. The Cleveland Clinic, some Mayo Clinic hospitals in Minnesota, and Johns Hopkins Hospital in Baltimore rated no better than midway between 'better' and 'worse', worse than many small hospitals." Continue reading →

Continue ReadingControversial study finds that big and famous hospitals aren’t always the best for surgery

Japanese university to retract Novartis study based on fabricated data

"A Japanese university is to retract a study that touted the effectiveness of a blood pressure drug made by Swiss pharmaceutical giant Novartis because it was based on fabricated data. The move was the latest chapter in a growing scandal over allegations that bogus data were used in a string of Japanese university studies for the drug Valsartan which exaggerated its effectiveness in preventing strokes and angina. On Wednesday, Tokyo's Jikei University School of Medicine said it would retract research that appeared in respected medical journal The Lancet six years ago." Continue reading →

Continue ReadingJapanese university to retract Novartis study based on fabricated data

Energy drink makers tell Senate panel they’re being ‘victimized’

"Energy drinks are a small but growing segment in the non-alcoholic beverage industry in the United States, but health experts have expressed concern that their caffeine content poses risks in youngsters as heart arrhythmia and higher blood pressure. Last month, the American Medical Association called for a ban on the marketing of energy drinks to children and teenagers, said Senator Jay Rockefeller at the start of the hearing. He stated that in the first six months of this year, poison control centers in the United States received about 1,500 reports involving energy drinks, 'more than half of which involved children under the age of 18.'" Continue reading →

Continue ReadingEnergy drink makers tell Senate panel they’re being ‘victimized’

Mexico’s peyote casts mind-bending spell on tourists

"The tourists just keep trickling in. They have not been deterred by the difficult topography, and there is no indication they have paid any heed to rusty, metal signs announcing regularly that 'HARVESTING AND SELLING PEYOTE IS A FEDERAL CRIME.' Nor has the legal background done anything to change the availability of local guides who, when they hear the magic words from tourists — 'We want to go out to the desert' — sidle up and quietly offer their services. Mayor Hector Moreno warned: 'Peyote is exclusively for (indigenous) Huichol culture. The rest of us are only supposed to promote its preservation and respect for it.'" Continue reading →

Continue ReadingMexico’s peyote casts mind-bending spell on tourists

The green shoots of recovery? Morocco considers the legalisation of marijuana cultivation

"Mustapha Tahiri, a cannabis farmer in northern Morocco, looks forward to the day he can sell his crop without worrying about being jailed. If politicians in the country’s Islamist-led government have their way, that isn’t too far off. At least 800,000 Moroccans live off illegal marijuana cultivation, generating annual sales estimated at $10bn, or 10 per cent of the economy, according to the Moroccan Network for the Industrial and Medicinal use of Marijuana, a local charity. Morocco, with a population of 32 million, is Africa’s sixth-largest economy. Legalisation would allow farmers to sell to the government for medicinal and industrial purposes rather than to drug traffickers." Continue reading →

Continue ReadingThe green shoots of recovery? Morocco considers the legalisation of marijuana cultivation

Bankrupt Detroit Receives Less U.S. Aid Than Colombia

"President Barack Obama proposed giving Colombia about $323 million in aid next year, mostly to combat drug trafficking and violence. Detroit, with an 81 percent higher homicide rate, will get $108.2 million. Detroit’s implosion has rekindled debate over how and whether a federal government that managed to provide more than $700 billion in aid to banks and automakers in 2008 and 2009 should help cities with unsustainable retirement debt, hollowed-out tax bases and diminished services that endanger the public. From 1990 to 2010, the percentage of the U.S. population that lives in urban areas grew to 81 percent from 75 percent." Continue reading →

Continue ReadingBankrupt Detroit Receives Less U.S. Aid Than Colombia

Judge: Merchants owed millions in credit card fees ‘inappropriately’ inflated by Fed

"The 2010 Dodd-Frank law called for the Fed to cap such fees, which banks charge to retailers when their customers use debit cards to make purchases. Judge Richard Leon of the U.S. District Court for the District of Columbia sided with retailers, who argued the Fed’s 21 cent cap was higher than Congress intended. The so-called Durbin amendment to Dodd-Frank, named for its sponsor, Democratic Senator Richard Durbin of Illinois, was intended to reduce burdens on retailers and hopefully trickle down to consumers in the form of lower prices." Continue reading →

Continue ReadingJudge: Merchants owed millions in credit card fees ‘inappropriately’ inflated by Fed

Company pensions in peril as shortfalls hit record

"Young workers may want to start counting on something other than company pensions to fund their retirements. It turns out that the plans of S&P 500 companies are underfunded to the tune of $451.7 billion, a number that has grown some 27 percent in just the last year alone. Though many workers have switched to 401(k) plans over the years, pensions still have far more workers—91 million to 51 million. This year actually was supposed to be better for pensions under an accounting trick Congress approved in 2012. The move would allow corporations to use a 15-year average of bond yields, rather than the current level, to calculate their obligations." Continue reading →

Continue ReadingCompany pensions in peril as shortfalls hit record

Obama set to sign bill to lower student loan interest rates

"The House of Representatives on Wednesday passed a bill that would reverse a recent hike in federal student loan interest rates, lowering them to 3.86 percent for undergraduates in the new school year. The bill pegs interest rates on student loans to the 10-year Treasury note plus 2.05 percentage points for undergraduates, and plus 3.6 percentage points for graduate loans. The bill, a result of extensive negotiations in mid-July among a coalition of U.S. senators composed of Democrats, Republicans and an independent, now waits to be signed into law by President Barack Obama." Continue reading →

Continue ReadingObama set to sign bill to lower student loan interest rates

After the Manning verdict, four big issues remain untouched

"Mr. Manning’s lawyer, David Coombs, was ambiguous: 'We won the battle, now we need to go win the war... Today is a good day, but Bradley is by no means out of the fire.' WikiLeaks founder Julian Assange, himself a fugitive and holed up in the Ecuadorean embassy in London, described the verdict on Twitter as 'dangerous national security extremism.' If reflecting on what to make of the verdict seems difficult, consider this. The most critical issues of public policy raised by the Manning case have yet to be broached." Continue reading →

Continue ReadingAfter the Manning verdict, four big issues remain untouched