A new study suggests that China’s overseas fishing catch may be as much as 12 time more than it has reported to international fisheries. China has the world’s largest fishing fleet, and the suggested number is certainly within the realm of possibility. However, if true, that level of fishing is not globally sustainable. Of particular concern is the fishing stocks off the coast of West Africa.
Source: Christopher Pala, “China Estimated to Dramatically Underreport Its Overseas Fishing Catch,” Scientific American, 2 April 2013.
The French Parliament is debating legislation designed to reduce the power of labor unions in the French economy, and the French unions are not taking the debate well. Many union workers are protesting the policies proposed by the Socialist Prime Minister Francois Hollande. The French economy is slowing down and it is unclear whether the legislation will pass.
Have you paid your taxes yet? Here’s where the money goes.
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