Wednesday, 23 July 2014  
Shanghai police detain five in McDonald's, Yum-linked China food safety probe

SHANGHAI (Reuters) - Shanghai police said they have detained five people in an investigation into a Chinese-based supplier of foreign brands including KFC-parent Yum Brands Inc, McDonald's Corp and coffee chain Starbucks Corp over allegations the firm supplied its clients with stale meat.

Rupiah rises after Widodo election win

Reformist Jakarta governor beats self-styled strongman Prabowo Subianto, who said he would reject the results claiming the poll was unfair


Airlines halt Israel flights after attack

Cancellations after rockets fired from Gaza Strip landed within a mile of the airport come amid sensitivity after MH17 was shot down


Gaza ceasefire talks make little progress
US court clash over healthcare subsidies
Ceasefire talks make little progress
Debt deal is impossible, says Argentina
US warned of up to 25 more tax inversions
EU rifts scupper new Russia sanctions
Real Madrid signs Rodriguez for €80m
UK borrowing higher than expected
Putin starts to show the strain
Americans Devote About The Same Share Of Family Budgets To Food And Health Care As They Did In 1948

HT to Mark Perry, whose Chart of the Day inspired this post. Professor Perry showed the rather astonishing decline over 8+ decades in the share of consumption expenditures devoted to food. I thought it would be interesting to contrast that to the rising share of family budgets devoted to health care during the same period.


Drone Activist Launches Pilot Association To Represent Interests Of Small Commercial Operators
From Outliers To A Growing Force: What Do Women Entrepreneurs In The Middle East Need To Thrive?
Google Offers $1 Million Prize For Anyone Who Can Build A Better Power Inverter
How Many Distributors Get Rich From Herbalife?
Survey: Book Buyers Leaving Amazon Because of Hachette Dispute

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