Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-56574 Fri, 24 Apr 2015 23:34:44 GMT ECB Buys Negative Yield Covered Bonds; Trade Guaranteed to Blow Up http://implode-explode.com/viewnews/2015-04-24_ECBBuysNegativeYieldCoveredBondsTradeGuaranteedtoBlowUp.html iehi-feed-56573 Fri, 24 Apr 2015 16:56:06 GMT Robots Step Into New Planting, Harvesting Roles http://implode-explode.com/viewnews/2015-04-24_RobotsStepIntoNewPlantingHarvestingRoles.html Farmers of corn and other commodity crops decades ago replaced most of their workers with giant combines and other machines that can quickly cut and gather grain used for animal feed, food ingredients and ethanol. But growers of produce and plants have largely stuck with human pickers--partly to avoid maladroit machines marring the blemish-free appearance of items that consumers see on store shelves.

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With workers in short supply [of late], "the only way to get more out of the sunshine we have is to elevate the technology," said Soren Bjorn, Americas unit head for Driscoll Strawberry Associates Inc., the country's largest berry brand. Driscoll's largest berry grower, Reiter Affiliated Companies LLC, is partly financing the development of Mr. Bravo's Agrobot. (Photos: A new way to pick strawberries)

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Harnessing high-powered computing, color sensors and small metal baskets attached to the robotic arms, the machine gently plucked ripe strawberries from below deep-green leaves, while mostly ignoring unripe fruit nearby... The Agrobot costs about $100,000 and Mr. Bravo has a second, larger prototype in development. Other devices similarly are starting to assume delicate tasks in different parts of the fresh-produce industry, from planting vegetable seedlings to harvesting lettuce to transplanting roses.

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iehi-feed-56571 Fri, 24 Apr 2015 12:33:43 GMT These Two Assets Prove "Recovery" Narrative Bunk http://implode-explode.com/viewnews/2015-04-24_TheseTwoAssetsProveRecoveryNarrativeBunk.html iehi-feed-56570 Fri, 24 Apr 2015 12:29:53 GMT Bankruptcies Suddenly Soar Across Corporate America, Worst First Quarter Since 2009 http://implode-explode.com/viewnews/2015-04-24_BankruptciesSuddenlySoarAcrossCorporateAmericaWorstFirstQuarterS.html This isn't the list of a single troubled sector that ran out of luck. This isn't a single issue, such as the oil-price collapse. It's a broader phenomenon: too much debt across a struggling economy. And now the reckoning has started.

The list only contains publicly traded companies that have already filed. But the energy sector, for example, is full of companies that are owned by private equity firms, such as natural gas driller Samson Resources, which warned in March that it might resort to bankruptcy to restructure its debt. Similar troubles are building up in other sectors.

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iehi-feed-56569 Thu, 23 Apr 2015 22:05:40 GMT Sprott Said Planning Unsolicited Bid for Canadian Metals Trusts http://implode-explode.com/viewnews/2015-04-23_SprottSaidPlanningUnsolicitedBidforCanadianMetalsTrusts.html iehi-feed-56568 Thu, 23 Apr 2015 17:14:58 GMT The Iron Throne Is Heading Toward The Fiscal Cliff http://implode-explode.com/viewnews/2015-04-23_TheIronThroneIsHeadingTowardTheFiscalCliff.html iehi-feed-56567 Thu, 23 Apr 2015 15:11:13 GMT Securing Your Assets When Financial Privacy Is Dead http://implode-explode.com/viewnews/2015-04-23_SecuringYourAssetsWhenFinancialPrivacyIsDead.html Given what has happened, it's only prudent to assume that sooner or later all the details of your financial life will come to rest in a government computer--if they're not sitting there already. You should plan accordingly. We live in a world where pretty much every penny you earn, save, and spend leaves a permanent record somewhere, and that can be retrieved for scrutiny by government employees at any time.

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While privacy for financial assets like bank and brokerage accounts is essentially dead, non-financial assets like foreign real estate are a different story. Owning foreign real estate is one of the very few ways Americans can legally keep some of their wealth abroad while still retaining a measure of privacy.

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iehi-feed-56566 Thu, 23 Apr 2015 15:09:10 GMT JPMorgan Chase Bans Storage of Cash, Buillion in its Safety Deposit Boxes http://implode-explode.com/viewnews/2015-04-23_JPMorganChaseBansStorageofCashBuillioninitsSafetyDepositBoxes.html iehi-feed-56565 Thu, 23 Apr 2015 15:07:35 GMT China's Stealth Gold Reserves To Quadruple as IMF Seeks Answers http://implode-explode.com/viewnews/2015-04-23_ChinasStealthGoldReservesToQuadrupleasIMFSeeksAnswers.html iehi-feed-56563 Thu, 23 Apr 2015 14:53:14 GMT Sea Of Liquidity: 3M Euribor Negative for First Time ($5.3 TRILLION In Negative Yield Gov't Bonds) http://implode-explode.com/viewnews/2015-04-23_SeaOfLiquidity3MEuriborNegativeforFirstTime53TRILLIONInNegativeY.html iehi-feed-56562 Thu, 23 Apr 2015 14:52:15 GMT BIS president in 1981: We've got to start rigging the gold market http://implode-explode.com/viewnews/2015-04-23_BISpresidentin1981Wevegottostartriggingthegoldmarket.html iehi-feed-56560 Thu, 23 Apr 2015 03:28:30 GMT QE Forever, as Japan's Central Bank Stuck http://implode-explode.com/viewnews/2015-04-22_QEForeverasJapansCentralBankStuck.html iehi-feed-56559 Thu, 23 Apr 2015 03:24:23 GMT Deutsche likely to pay more than $2 billion over Libor-rigging http://implode-explode.com/viewnews/2015-04-22_Deutschelikelytopaymorethan2billionoverLiborrigging.html iehi-feed-56558 Thu, 23 Apr 2015 01:04:26 GMT Obama's fast-track trade plan forced to slow start by liberals http://implode-explode.com/viewnews/2015-04-22_Obamasfasttracktradeplanforcedtoslowstartbyliberals.html iehi-feed-56556 Wed, 22 Apr 2015 19:28:57 GMT U.S. Economy Not Working for Most of America: Stiglitz http://implode-explode.com/viewnews/2015-04-22_USEconomyNotWorkingforMostofAmericaStiglitz.html iehi-feed-56555 Wed, 22 Apr 2015 17:14:44 GMT The Mystery Of China's Gold Holdings Is Coming To An End http://implode-explode.com/viewnews/2015-04-22_TheMysteryOfChinasGoldHoldingsIsComingToAnEnd.html iehi-feed-56554 Wed, 22 Apr 2015 15:26:48 GMT New York Apartments, Art Top Gold as Stores of Wealth, Says Fink http://implode-explode.com/viewnews/2015-04-22_NewYorkApartmentsArtTopGoldasStoresofWealthSaysFink.html iehi-feed-56553 Wed, 22 Apr 2015 13:34:41 GMT This tiny European state may trigger a Grexit http://implode-explode.com/viewnews/2015-04-22_ThistinyEuropeanstatemaytriggeraGrexit.html iehi-feed-56552 Wed, 22 Apr 2015 13:19:40 GMT Ukraine Has 1 Month to Avoid Default http://implode-explode.com/viewnews/2015-04-22_UkraineHas1MonthtoAvoidDefault.html iehi-feed-56551 Wed, 22 Apr 2015 13:16:02 GMT The Fed Still Wants Easy Money http://implode-explode.com/viewnews/2015-04-22_TheFedStillWantsEasyMoney.html