Reuters is reporting that Foxconn workers are getting a pay bump to 1,800 yuan per month and it could further raise above 2,200 yuan a month if the worker passed a technical examination. 25% increase in pay! The pay three years ago was 900 yuan a month.
Sounds great except 1,800 yuan is about $285, meaning around $10 a day, or less than a dollar per hour.
Oil prices are at an all time low, but that's not going to stay like that forever. One day, we'll run out of oil, and we're going to be in trouble. Which is why this machine could be something we desperately need. It makes oil by combining hydrogen and CO2. Read more