At last a good idea from Venezuela

Venezuela says it will cut the working day for public sector workers to five-and-a-half hours to conserve energy, down from eight to nine hours.
The initiative is part of a nationwide electricity rationing plan.
Vice-President Jorge Arreaza said there had been a surge in energy demand due to extremely hot weather. He said state employees would now work from 07:30-13:00 to save on air conditioning.
On Monday, local media reported blackouts across the country.

http://www.bbc.com/news/world-latin-america-32506572


UBER was suspended in Portugal !

I use it just once. I paid 3,6 euros for a short ride inside Lisbon. The driver had a tie and open the door for my wife. His name is Hugo. The car was very clean. Mind that 3,6 euros is below the minimum fare you pay just for entering a normal cab.

In Portugal the Taxis Union and the Courts decided that Hugo does not have the right to work.

It's a real pity because with UBER you can send a car to pick your kid in the night and you know where the car is and at what time it arrived at your door.


Portugal isn't reforming at all, we are a communist country with a right wing government. In Portugal even the right think as communists.



Onecartoon:

It makes me go VEGGAN !

From Quartz, 

Tyson plans to minimize antibiotics in its chickens.

 The largest meat US meatpacker by sales says that by the the end of September 2017, it intends to largely eliminate the use of human antibiotics for chicken production (paywall), citing a growing increase in health concerns. Last month, McDonald’s, a major buyer of Tyson chicken, announced it wouldstop serving its US customers antibiotic-fed chicken within two years.

61 million I-phones sold in a quarter!!!!!!

Apple said that it had sold 61.17 million iPhones, compared to a StreetAccount consensus estimate of 57.26 million. Apple CFO Luca Maestri said demand for iPhone 6 and iPhone 6 Plus "has remained incredibly strong

If the bigger guy doesn't screw up and invest back in the business i guess big get bigger it's a trend. Apple is going to kill Samsung etc.... More money, more budget, more research & of course a better product.

More
http://thoughtmeme.blogspot.pt/2014/07/to-me-they-are-short.html


everything in one graph


The Bull market could go further



























Source Federal Reserve

When rates start rising sell all you stocks



























This graph & comments were taken from a very good presentation from David Einhorn