Supporters of a plan for California to secede from the union took their first formal step Monday morning, submitting a proposed ballot measure to the state attorney general’s office in the hopes of a statewide vote as soon as 2018.

Marcus Ruiz Evans, the vice president and co-founder of Yes California, said his group had been planning to wait for a later election, but the presidential election of Donald Trump sped up the timeline.

Read the Full Article: Source – LA Times
Time For Truth: (LA Times) – Secessionists formally launch quest for California's independence

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A group of researchers in Oxford University, England have suggested that imposing a massive tax on carbon intensive foods – specifically protein rich foods like meat and dairy – could help combat climate change.

Pricing food according to its climate impacts could save half a million lives and one billion tonnes of greenhouse gas emissions

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Short-term gain for long-term pain?

That’s the view of economists at Goldman Sachs Group Inc., who argue that while some of President-elect Donald Trump’s proposals could boost U.S. economic growth in the near future, his other policies would offset those positive impacts over the long-run.

Read the Full Article: Source – Bloomberg
Time For Truth: (Bloomberg) – Goldman Sees the Possibility of Stagflation Under Trump Presidency

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The IMF on Thursday urged Argentina to stay the course on tough economic reforms, but also to take steps to protect the poor from the negative consequences.

In the first report on the nation’s economy in a decade, marking full restoration of relations between Buenos Aires and the International Monetary Fund, the fund said it will take time for the reforms to bear fruit and there will be “negative short-term impact” of the policy changes.

Read the Full Article: Source – France 24
Time For Truth: (France 24) – IMF urges Argentina to continue reforms, protect poor

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