Santa's Naughty Spreadsheet

The business world kept chugging along with the festive season fast approaching but when it came to the naughty or nice list it seems there was an oversupply of naughty this week.

We begin with the Fed raising interest rates due to an improving American economy for the first time in a long time showing promise. Alas things only get worse from here onwards after it was discovered that government agencies had spent a whopping $4.4billion to promote themselves under the Obama administration. But it wasn't just organizations in the news, individuals made headlines with a security guard being arrested for stealing $5million worth of diamonds after they were accidentally thrown out and Yahoo! CEO Marissa Mayer on the hot seat for a lavish $7million Great Gatsby inspired party even with news of major restructuring at the business. But at the top of the naughty list was the Pharmaceutical CEO who made headlines earlier in the year for raising the prices of AIDS drugs. Martin Shkreli was arrested this week by the FBI for running a ponzi scheme and securities fraud.

Accidents and Natural Disasters

The week wasn't particularly pleasant with misfortune playing a large role in many tragedies.

Accidents

We begin the week with the world looking on as it was feared nearly 700 people had drowned off the coast of Libya after a human smuggling vessel sunk with the only progress being the captain and his crew being arrested. The EU held an emergency meeting regarding the tragedy however the outcome has been criticized as been inadequate. Elsewhere in the world 7 people were reported dead and 17 trapped in a flooded coal mine in China.

Older tragedies made news with robot's at the Fukushima nuclear power plant capturing images of a strange green glow and even further back to one of histories most notorious accidents one of the remnants, a deckchair from the Titanic, was sold for $190,000.

Natural Disasters

Mother nature proved a destructive force earlier in the week with Tsunami warnings raised for Japan's southern Okinawa island after a 6.6 magnitude earthquake struck off the Easter Taiwan. Another earthquake, 6.3 magnitude, was recorded between Nelson and Kaikoura in New Zealand's south island. However nature wasn't done with the Calbuco volcano erupting and sending plumes of smoke and ash into the atmosphere in southern Chile forcing evacuations of surrounding areas.

On the biological front new warnings were raised after it was discovered that Ebola, now thought to be under control, could still be spread by sex with the CDC asking previous victims to abstain from sex. Good news also followed on the Ebola front when a monkey was cured with a new experimental drug along with more good news of a clinical trial coming to an end offering a malaria vaccine. Meanwhile in Iowa 5 million hens are to be euthanized after a bird flu outbreak. We end the week with man doing as much damage to nature with the deteriorating quality of air in China under more scrutiny over the last few months as the second largest economy continues to plow ahead but it's not alone with growing economy Delhi claiming the most polluted air.