Global plague of debt weighing

People’s Bank of China Governor Zhou Xiaochuan warned in a speech in Beijing on the weekend that corporate debt has become too high. This leaves the companies less able to tolerate the ongoing decline in global sales and increasing delay in the collection of customer accounts.  Chinese insolvencies were up 25% in 2015 and rising…

See: China has a $590 billion problem with unpaid bills.

 

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Danielle on This Week in Money

Danielle was a guest on This Week in Money with Jim Goddard on the weekend, talking about recent developments in the world economy and markets.  You can listen to an audio clip of the segment here by advancing the playbar to 26:36 where her interview starts.

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Solar power receptors are literally everywhere

Solar panels Japan gold courseSolar is popping up just about everywhere, even landfills and parka pockets along with contaminated golf courses near the Fukushima Daiichi nuclear disaster (pictured on left) .  Read more here: Solar energy pops up in unexpected places.

So why not roads? Indeed, solar road projects are gaining interest around the world, and some promise to even charge electric cars while moving.

The Netherlands built the first solar road, a bike path, in 2014. France announced a bolder move in January—over the next five years, it plans to install 1,000 kilometers (621 miles) of solar roads, designed to supply power to five million people.

The sun’s rays can hit some roads for up to 90 percent of the daylight hours, so companies in Europe and the U.S. are experimenting with building solar panels along or above roads.

Watch video report here.  Also see this article for more detail: Will we soon be driving on solar roads?

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