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Monthly Archives: May 2012

The Reserve Bank of Australia Cuts Growth Forecasts as Weak Housing and Employment Keep Prices in Check

“The Reserve Bank of Australia cut growth and inflation forecasts as weak job and housing markets keep price gains in check, and as the local currency slid toward its biggest weekly drop of the year.

“Labor market conditions have continued to be on the soft side to date, with large increases in employment in mining and some service industries roughly offset by declines in the manufacturing, hospitality and retail sectors,” the central bank said today in its quarterly monetary policy statement. “A recovery in housing construction is unlikely in the near term.”

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Apple is Dominating the Tablet Market with 68% Share

The iPad is once again the undisputed heavyweight champion of the tablet world. Apple’s “magical” tablet re-asserted its dominance of the market following a period that saw both the launch of the latest model and a drop-off in sales of its chief competitor, the Kindle Fire. As a result, the iPad now accounts for 68% of the tablet market, according to figures from a market-research company.

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Mad Science: Aerosol Spray Gets You Drunk in Seconds

A French American scientist has invented a new alcohol spray that instantly intoxicates the user. However, the effects are nearly as brief, wearing off in a matter of moments.
The spray, WA|HH Quantum Sensations, was created by David Edwards and was unveiled during a recent Paris exhibition.
The short-term effects are reportedly due to the 0.075 millileter dosage. In other words, it would take 1,000 sprays to equal the level of alcohol contained in one conventional drink.

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