WTCO Newsletter
July 31, 2014
*Please note that all texts in blue are linked to resources you may find useful
 

Local News


New Code School Coming to Orlando
The Iron Yard, based in Greenville, South Carolina, is opening the first code school with its own facility for on-site learning in Orlando. The program is expected to cost students $10,000 for a 12-week course and will be located in the downtown tech co-working space. 

 

World News

China June Trade Data Misses Forecast
China's trade performance improved in June but continued to miss market expectations. Exports rose 7.2% from a year earlier, the best pace in five months, but was still well below the expected forecast of 10.6%. Analyst argue that China must provide more policy support for the economy to rebound. 

 

New White House Report on Impacts of Climate Change. 
Report by the White House Council of Economic Advisers released on Tuesday predicts that climate change could cost the U.S. economy $150 billion a year with a predicted rise in cost of 40% each decade nations do not curb carbon emissions. Advocates of Carbon Rule wish to shut down hundreds of power plants, decrease coal related domestic energy production, increase electricity rates, and create fundamental transformation of the nation's power supply. 

 

Spain's Economy Grows Faster Than Expected
According to Spain's second-quarter gross domestic product statistics released on Wednesday, second quarter GDP grew .6% with annual growth predicted to be 1.2%. This marks one of the strongest performances in the euro zone and outpaced Bank of Spain's original predictions of growth. Unfortunately, the danger of deflation continues to loom as its inflation rate fell .3% on the year in July. 

 

 

 

Iraqi Kurdish oil tanker to be seized by U.S. authorities
U.S marshals seized an oil tanker on Tuesday carrying $100 million of Kurdish seized Iraqi oil. The Iraqi government requested the seizure in order to stop the illegal sale of oil by the Kurdish Regional Government. The U.S. has opposed the KRG's efforts to sell oil but has not yet banned U.S. companies from buying oil from the KRG.  

 

 

 

Member of the Week:
 

Kissimmee Popcorn Company

If you've ever eaten popcorn at Disney World, the Marriott, the State Fair or the Port of Canaveral, you've probably been a customer of the Kissimme Popcorn Company. With over 150 flavors, operations in the retail and whole-sale market, this 20 year old company continues to bring the pop to Osceola County. The Kissimme Popcorn Company is ranked as the largest popcorn distributor in the county and plans to continue its expansion into the amusement park industry. The only threat to the growth of this company is the loss of product whenever the owner, Byron Sutton, inspects the facilities. He loves his product especially his famous Caramel Corn and can attest it's the best popcorn around.