Usher’s News for Thursday, Jan. 13, 2022

Goldman Sachs said on Thursday it now expected almost a fifth of lower-rated Chinese property firms to default this year, although it could be almost a third in a more severe scenario.

Goldman Sachs raises China property HY 2022 default rate to 19per cent - CNA

... Sens. Joe Manchin (D-W.Va.) and Kyrsten Sinema (D-Ariz.) are against going nuclear on the filibuster ....

Schumer finds loophole to advance elections reform package - Axios

A factor among many:

“Kazakhs understood very well what they demanded – they wanted to abolish the Shaprashty clan power and an equal participation of all the Zhuzes and clans in the country’s social and financial life,” Moscow-based historian Andrey Zubov wrote.

Can centuries-old clan rivalry explain the crisis in Kazakhstan?

In December, the Consumer Price Index for All Urban Consumers rose 0.5 percent, seasonally adjusted.


  • Evidence suggests plastic recycling efforts can have only a minor impact even under the best of circumstances, since plastic can, at best, be recycled once, due to degradation
  • Since 1950, the world has created 6.3 trillion kilograms of plastic waste, and 91% of it has never been recycled
  • Many recycling facilities cannot process mixed plastics, even though many mixed plastic products are marked and marketed as being recyclable

[gone] Is Plastic Recycling Just a Big Fraud?