Article
Waste Of The Day: Mismanagement At SF Zoo
Waste Of The Day: Mismanagement At SF Zoo
Authored by Jeremy Portnoy via RealClearInvestigations,
Topline: The taxpayer-funded San Francisco Zoo "does not have a healthy or stable financial condition," according to a city audit released in May. The zoo has no written plans or budgets to guide its construction projects, and spent $12 million on them without city approval. Employees are also allegedly hiring their friends and relatives as contractors.
Key facts: The zoo is required to get approval from San Francisco's Recreation and Park Commission before paying more than $50,000 for...
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China’s Crackdown Threatens Hong Kong’s IPO Boom And Offshore Wealth
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Asia Burns More Coal As Middle East War Sends LNG Prices to 3-Year Highs
Asia Burns More Coal As Middle East War Sends LNG Prices to 3-Year Highs
Submitted by Tsvetana Paraskova of OilPrice.com,
Coal is back with a bang in Asia’s power generation, as countries scramble to contain the LNG supply shortage due to the war in the Middle East.
Coal hasn’t really left most Asian economies, which rely on the fuel for much of their power generation. Amid the squeeze of natural gas supply due to the de facto closed Strait of Hormuz and the sky-rocketing LNG prices that few buyers in Asia can...
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