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Links for 4/30 - admin - 05-01-2014
That map, from an interactive tool recently released by the metro New York urban research and advocacy group the Regional Plan Association, shows how many finance-industry jobs are available within half an hour on public transit to someone living at the corner of East 34th Street and Fifth Avenue in Manhattan. Now let's say that same person works in manufacturing
What if we mapped cities by how hard it is to get to work?
Do economic sanctions work? In Russia, maybe not. Russia is sitting on roughly half a trillion dollars in foreign exchange, and it exports about 9 million barrels a day of crude oil bringing in about $330 billion a year — not including its sales of natural gas. It has will as well as means. Russian President Vladimir Putin seems content to suffer some economic damage for the sake of correcting what he sees as a historical wrong and bringing Crimea and perhaps more of Ukraine back into the Russian fold.
Why the sanctions against Russia probably won’t work
Gas prices are set to rise, according to T. Boone Pickens, chairman and CEO of energy-focused investment firm BP Capital.
Natural gas prices are ready to rise: T. Boone Pickens
The homeownership society is clearly over. Even as home prices soar and value returns to real estate, the one number that just keeps falling is the nation's homeownership rate. In the first quarter of this year, it fell below 65 percent for the first time since 1995. It now stands at 64.8 percent, according to the U.S. Census, down from a high of over 69 percent at the height of the last housing boom.
Homeownership falls to 19-year low: Here's why
Michael Stevens, the host of popular science video show "VSauce" and chef Jamie Oliver team up in this YouTube video as part of the "FoodTube" series to show us how to color eggs whites green using completely natural ingredients — no synthetic dyes or other funky stuff is involved.
How To Naturally Turn Eggs Green - Business Insider
Oil and gas have made Qatar the richest country in the world - rich enough to be ready, apparently, to spend $200bn (£120bn) on stadiums and infrastructure for the 2022 World Cup. But has virtually limitless wealth brought the country happiness?
BBC News - Has wealth made Qatar happy?
A pair of twins who were adopted by separate families as babies got married without knowing they were brother and sister, a peer told the House of Lords. A court annulled the British couple's union after they discovered their true relationship, Lord Alton said.
BBC NEWS | UK | Parted-at-birth twins 'married'
Eric Sheridan of UBS today pounded the table for shares of Yahoo! (YHOO), which he rates a Buy, with a $47 price target, arguing that investors are “materially undervaluing the sum of the parts in Yahoo shares (core Yahoo + stakes in Alibaba Group & Yahoo Japan).” Alibaba, in particular, continues to deliver, writes Sheridan: “We believe Alibaba should continue to deliver outsized revenue growth on the back of strong secular growth in China eCommerce.”
Tel Aviv-based startup Consumer Physics pulled the curtain back today on its first product: a tiny hand-held molecular sensor called Scio. The device, which Consumer Physics has launched a Kickstarter project for, would allow users to scan practically anything –foods, drinks, pills, plants, and more– and get detailed information on the object’s chemical makeup in just a few seconds.
This Pocket-Sized Spectrometer Tells You the Chemical Makeup of Foods | Digital Trends
The International Monetary Fund (IMF) mission chief to Moscow said Wednesday that Russia's growth forecast for the year had been cut from 1.3 percent to 0.2 percent, adding that Russia was currently "experiencing recession."
IMF slashes Russia growth forecast, warns of outflows
When it comes to churning out profits and pushing higher in the face of a slow growth U.S. economy, corporate America has taken a page out of Elvis Presley manager Colonel Tom Parker’s playbook – they’re just ‘taking care of business.’
However, it's becoming clearer that what's actually occurring leads back to Russia through Crimea. Igor Strelkov, a suspected Russian intelligence officer who has emerged as the face of the insurgency, recently told journalists that he and his men entered Ukraine from Crimea. Earlier this month, Putin admitted that the masked men in unmarked military uniforms who commandeered Crimea were Russian troops.
Putin's Ukraine Fiction Is Falling Apart - Business Insider
China may overtake America as the world biggest economy earlier than expected, by the end of this year, rather than by 2019. New data from the International Comparison Programme, a UN statistical database which compares purchasing power across borders and currencies, indicates China’s size may have been underestimated. The Economist says China’s purchasing power parities (PPP) is now up to 20% higher than economists had previously estimated in the 2005 survey. And, according to The Economist’s calculations, China will now take the crown as the world’s largest economy by the end of 2014.
China May Overtake America As The World's Largest Economy By The End Of 2014 - Business Insider
U.S. markets have had a rocky April and some strategists are predicting another 5% to 10% correction. David Zervos, chief market strategist at Jefferies, says stocks are not overvalued and investors should buy the dips. “A lot of the valuation metrics that are typical of the stock market…they fail to take into account the extraordinary monetary policy that’s been put into place,” he explains in an interview at the Milken Institute Global Conference.
“Investing should be like watching paint dry or watching grass grow. If you want excitement…go to Las Vegas.” Paul Samuelson
One Trader's 21 Favorite Quotes About Markets And Investing - Business Insider
OpenSSL, which the Internet depends upon, has a single full-time employee dedicated to keeping the software secure. Other projects are similarly understaffed.
Hunting for the Next Heartbleed | MIT Technology Review
Big data and artificial intelligence are producing ultra-accurate forecasts that will make it feasible to integrate much more renewable energy into the grid.
Smart Forecasts Lower the Power of Wind and Solar | MIT Technology Review
RE: Links for 4/30 - admin - 05-02-2014
In a recent research note, Gluskin Sheff's David Rosenberg notes that stocks don't fall just because they've gone up a lot. "We go into fundamental bear markets either when the Fed overtightens, when the economy heads into recession, or both," he said.
Year-Over-Year S&P 500 Returns - Business Insider
Goldman Sachs has had a look attempts to lean against house price cycles by central banks, in 20 OECD countries from 1990 to 2012, to see what effect they have had. More on that below, but first a striking chart of post-Great Recession house price trends (from the first quarter of 2009 to now)
FT Alphaville | FT Alphaville – Market Commentary – FT.com
Today’s GDP report was, not to get too technical, just crummy nearly across-the-board. Consumption spending was up, but the personal savings rate fell, meaning that the increased consumer spending was not financed by good wage and income growth, but by reducing savings. Exports fell sharply (hard to blame on bad U.S. weather) while most categories of investment fell as well. Core price deflators also ticked down again, signaling that economic slack is surely not shrinking.
Austerity’s Legacy: GDP is Far Below Potential, and Not Climbing | Economic Policy Institute
Among the many illusions swept away by Thomas Piketty’s surprise best-seller, “Capital in the Twenty-First Century,” is the long-held belief that deregulating the American economy brought about a democratization of capital – at least from the investor’s point of view.
Deregulation didn't make us all rich — it made inequality worse | MSNBC
If you’ve ever played Rock-Paper-Scissors, you’ll have wondered about the strategy that is most likely to beat your opponent. And you’re not alone. Game theorists have long puzzled over this and other similar games in the hope of finding the ultimate approach.
How to Win at Rock-Paper-Scissors | MIT Technology Review
RE: Links for 4/30 - admin - 05-03-2014
The whale is massively bloated — it's currently about double its normal size. The bloat seems to have been caused by methane gas released by the decomposing body. "The whale is blowing up. It looks as if it's a big balloon from a distance," Trout River's town clerk Emily Butler told CBC news.
Giant Beached Blue Whale Explosion - Business Insider
In the next few months, highly secretive US military researchers say they will unveil new advances toward developing a brain implant that could one day restore a wounded soldier's memory.
Brain Implant Restores Memory - Business Insider
men in healthy countries think women with the most feminine faces are the prettiest whilst those in unhealthy places prefer more masculine-looking ones
Sex, health and beauty: Faces and fortunes | The Economist
Grantham believes the market bubble will burst around or after the 2016 presidential election.
GRANTHAM: Market Bubble Will Burst Around The Election - Business Insider
Lutz pointed to a few reasons why bonds might be moving up: low liquidity in the bond markets no inflation the Fed is still considered more hawkish than its peers like the Bank of Japan and the European Central Bank people readjusting economic assumptions after yesterday's horrible GDP report funds may be rotating into bonds as "window dressing" since its month end/beginning bad positioning — CFTC data showed that short positions in 10-year note futures were near four-year highs.
Why The Bond Market Is Rallying - Business Insider
Walking is a luxury in the West. Very few people, particularly in cities, are obliged to do much of it at all. Cars, bicycles, buses, trams, and trains all beckon. Instead, walking for any distance is usually a planned leisure activity. Or a health aid. Something to help people lose weight. Or keep their fitness. But there's something else people get from choosing to walk. A place to think.
BBC News - The slow death of purposeless walking
The U.S. Commerce Department's Office of the Inspector General released a report on Thursday finding no evidence to support allegations the monthly employment data was manipulated in the months leading up to the 2012 election.
Jobs Report Data Not 'Faked': Commerce Dept - Business Insider
He has had 22 world title fights and four times as many luxury cars. Names like Bentley and Bugatti are so familiar to him he cannot remember where he last parked them. And, in a recent documentary filmed as part of the pre-fight hype, he explained how his wealth has granted him the freedom to spend a million dollars a month for the rest of his life.
BBC Sport - Floyd Mayweather: The biggest draw in Las Vegas
RE: Links for 4/30 - admin - 05-05-2014
The US economy has delivered two minor shocks in a week, prompting concerns that bond tapering by the Federal Reserve may be doing more damage than expected.
Shocking US jobs data impugns recovery, Fed tapering - Telegraph
A report by the American Chemistry Council said shale gas has given the US a "profound and sustained competitive advantage" in chemicals, plastics, and related industries. Consultants IHS also expect US chemical output to double by 2020, while Europe's output will have fallen by a third. IHS said $250bn (£160bn) in extra US manufacturing will be added by shale in the next six years.
Brussels fears European 'industrial massacre' sparked by energy costs - Telegraph
the Colombians have claimed third place for 2013 after Argentina devalued its peso. The Colombians’ rationale: While their country’s GDP of $369 billion trails Argentina’s $485 billion using Argentina’s official rate, it would take the lead under a parallel rate that many economists consider a more accurate gauge. But the truth is, it doesn’t really matter who’s right. What does? The fact that Colombia’s economy is becoming a stronger force in the region and a magnet for foreign investment.
Latin America’s Surprise Economic Star | The Financialist
The US is a rich country that’s beginning to resemble, for the average person, a poor one. Its infrastructure is crumbling. Its educational systems barely educate. Its healthcare is still nearly nonexistent. I can take a high-speed train across Europe in eight hours; I can barely get from DC to Boston in nine. Most troubling of all, it is poisoning its food and water supplies by continuing to pursue dirty energy, while the rest of the rich world is choosing renewable energy. The US has glaring deficits in all these public goods — education, healthcare, transport, energy, infrastructure — not to mention the other oft- unmentioned, but equally important ones: parks, community centers, social services.
5 Dirty Secrets About the U.S. Economy - Umair Haque - Harvard Business Review
How can you be planning to move towards fiscal union when the governance structures of the Eurozone have clearly failed with a more limited set of tasks? That would be a classic economist’s mistake: of designing a set-up which works well in the hands of a benevolent social planner, but falls apart when run by actual politicians. Take, for example, the ECB. Compared to the US Fed or the UK Bank of England, it comes a poor third. It actually raised interest rates in 2011, making its own contribution to the subsequent recession. It has consistently gone well beyond its remit in promoting certain fiscal policies or structural reforms. It took two years before coming up with OMT, giving us two years of continual crisis. It is only now thinking about QE. A basic problem is that it is not accountable for its actions, which is a serious deficiency for an unelected institution with such power.
mainly macro: The Eurozone: out of the ashes?
He also suggests that Piketty’s argument that confiscatory tax rates won’t hurt growth is a groundless “breezy” assurance. In fact, Piketty’s argument is based on his rigorous econometric analysis of fifty years of data from eighteen OECD countries.
Last week it was revealed that Chase Bank made the decision to cancel hundreds of accounts belonging to porn performers, at least one of which was a personal account belonging to a retired performer. This isn't the first time that a bank has apparently chosen to close an account for moral reasons – in the past, I've had work accounts shuttered by Chase, and have heard similar stories from others in the adult industry about Chase and other banks – but it is the first time that a bank has apparently made the decision to cancel adult accounts en masse.
We could now be entering an alarming "post-antibiotic era", warned the World Health Organisation last week. The relief that humanity has won through antibiotics that fight off attacks on our health seems to be running out, as bacteria are developing ever better defence mechanisms. We thought the era of infectious diseases lay behind us; instead, is it coming back? Already 25,000 people die every year in the European Union from diseases of the blood and urinary tract, from pneumonia, TB and diarrhoea, all of which could have been treated by effective antibiotics. And this is in a region where there is widespread vaccination against infections and where public health is strong.
Boko Haram is a vile manifestation, yet the liberal press stays silent, fearful of 'demonising the other'
"Men are ideally suited to doing something as absolutely irrelevant in life as that," he said. "They're the ones who have train sets in the loft. They have stamp collections to die for. Right? These are stupid things to do with your life. As is trying to practise eight hours a day to get to World Championship level. "So therefore I think we are also the idiots of the species as well. The male of the species has got a single-minded, obsessional type of brain that I don't think so many females have."
BBC Sport - World Snooker: Steve Davis says women will never match top men
RE: Links for 4/30 - admin - 05-06-2014
A colossal squid has been caught in Antarctic waters, the first example of Mesonychoteuthis hamiltoni retrieved virtually intact from the surface of the ocean.
BBC NEWS | Science/Nature | Super squid surfaces in Antarctic
Police in southern China have discovered a factory manufacturing Free Tibet flags, media reports say.
BBC NEWS | Asia-Pacific | 'Free Tibet' flags made in China
Sgt. Pepper's Lonely Hearts Club Band is the most important rock & roll album ever made, an unsurpassed adventure in concept, sound, songwriting, cover art and studio technology by the greatest rock & roll group of all time. From the title song's regal blasts of brass and fuzz guitar to the orchestral seizure and long, dying piano chord at the end of "A Day in the Life," the 13 tracks on Sgt. Pepper's Lonely Hearts Club Band are the pinnacle of the Beatles' eight years as recording artists.
Initially rejected as uncommercial, "What's Going On" (with background vocals by two players from the Detroit Lions) was Gaye's finest studio achievement, a timeless gift of healing. But for Gaye, the peace he craved never came: On April 1st, 1984, he died in a family dispute — shot by his father.
500 Greatest Songs of All Time: Marvin Gaye, 'What's Going On' | Rolling Stone
China’s manufacturing contracted in April for a fourth month, according to a private survey, signaling the risk of a deeper slowdown in an economy already projected to expand this year at the slowest pace since 1990.
China Manufacturing Gauge Signals Risk of Deeper Slowdown - Bloomberg
Just a day after Christopher Evan Welch landed a career-making role on HBO’s “Silicon Valley,” he received some heartbreaking news. The lung cancer he’d been battling successfully since the fall of 2010 had spread to his brain.
If three discoveries in mice reported on Sunday are applicable to people, making old brains and old muscles perform like young ones may require simply a blood transfusion.
Young Blood Revives Brains Of Old Mice - Business Insider
The British economy is the standout member of the Group of Seven rich nations. Over the last quarter the UK had economic growth at an annual rate of more than 3 per cent. In the same period the US barely grew, continental Europe remained in the doldrums and Japan struggled to maintain momentum. No surprise then that many have seized on Britain’s strong performance as vindication of the austerity strategy pursued by the UK government since 2010, and as evidence to refute the idea of secular stagnation – that lack of demand is a constraint on growth.
British austerity is no model for the rest of the world - FT.com
Two years ago, a Dutch law firm prepared a pitch in Moscow to Russian businesses: come to the Netherlands and we can help you avoid taxes and keep your assets safe. “You can rely on our legal system!” the firm, Buren van Velzen Guelen, said in a slide presentation.
Russia Knows Europe Sanctions Ineffective With Tax Havens - Bloomberg
If you were to try to judge TV shows' popularity based on the amount of coverage and recaps they receive from entertainment sites and blogs, you'd probably conclude that the only shows anybody ever watches are Game of Thrones, Mad Men, Community, and Parks and Recreation. Maybe The Americans and The Mindy Project too. We all know that's wrong, but it's worth emphasizing how wrong it is.
The most-viewed Game of Thrones ever got fewer viewers than an NCIS: LA rerun - Vox
RE: Links for 4/30 - admin - 05-07-2014
Becker's idea, in essence, was that the basic toolkit of economic modeling could be applied to a wide range of issues beyond the narrow realm of explicitly "economic" behavior. Though many of Becker's specific claims remain controversial or superseded by subsequent literature, the idea of exploring everyday life through a broadly economic lens has been enormously influential in the economics profession and has altered how other social sciences approach their issues.
The vast influence of Gary Becker - Vox
By the World Health Organisation's estimates, tobacco kills half its users and six million people each year die from the direct and indirect effects of smoking. But the public health community is deeply divided over e-cigarettes.
E-cigarettes: miracle or health risk? | Society | The Guardian
As the United States attempts to punish Russia for its actions in Ukraine, the Treasury Department is deploying an economic weapon that could prove more costly than sanctions: the Internal Revenue Service.
The US Will Unleash The IRS On Russian Banks In July - Business Insider
it’s a huge company. Revenues of $150 billion. The market cap is immense. They earn a lot of money even after, as my friend (inaudible) even after stealing they earn a lot of money. They pay a 5 percent dividend. As recently as 2006, the stock changed hands at 10 times the estimated earnings. So now it’s at 2.5. And why is that? Well, because people know that there will be even more extreme and costly sanctions imposed on Russia. They know that something terrible is going to happen with the Ukraine election in a couple of weeks. And well it might.
Jim Grant Makes Bull Case For Gazprom - Business Insider
It sounds impossible -- yet it’s real, and based on a very simple yet groundbreaking discovery, Madar explained. “Vision actually happens in the brain,” he told FoxNews.com. Eyes may be windows to the soul, but like a window, they’re simply panes of glass. You don’t see with your eyes, Madar explained. Eyes are the lenses on a digital camera; your brain is the computer chip that interprets the light signals and translates them into a picture. The eye captures light, the brain interprets that data -- and the app can in theory alter how the brain does that.
GlassesOff app claims to eliminate need for reading glasses | Fox News
If you were planning on going out and grabbing a bacon cheeseburger for lunch and washing it down with a coffee milkshake today, it will be a close race between whether your heart or wallet will hate you more. The reason is that according to today's ISM Non Manufacturing report, most of the ingredients in your lunch (ground beef, bacon, coffee, and dairy for the cheese and milkshake) as well as the packaging to take it home (paper products and plastic bags) were all up in price this month.
Bespoke Investment Group - Think BIG
China has drawn up detailed contingency plans for the collapse of the North Korean government, suggesting that Beijing has little faith in the longevity of Kim Jong-un’s regime. Documents drawn up by planners from China’s People’s Liberation Army that were leaked to Japanese media include proposals for detaining key North Korean leaders and the creation of refugee camps on the Chinese side of the frontier in the event of an outbreak of civil unrest in the secretive state.
China plans for North Korean regime collapse leaked - Telegraph
“Two generations ahead, future extrapolation of current wealth growth rates yields almost a billion millionaires, equivalent to 20 per cent of the total adult population,” the bank wrote in its annual Global Wealth Report last year.
World could see first trillionaire in 25 years - Telegraph
Despite a year in which hedge fund returns generally lagged the stock market, Institutional Investor's 2013 annual ranking of hedge fund manager compensation, dubbed "The Rich List," shows just how lucrative the field still is. The top 25 managers took home $21 billion among them. Leading the pack was David Tepper of Appaloosa Management, who earned an eye-popping $3.5 billion last year, partly by betting big on airline stocks.
Top 10 highest paid hedge fund managers - The Buzz - Investment and Stock Market News
A helmet that delivers electro-magnetic impulses to the brain has shown promise in treating people with depression, according to Danish researchers. About 30% of those with the condition fail to respond to medication or psychological counselling. The new device targets malfunctioning blood cells in the brain.
BBC News - Depression treatment technique uses new helmet therapy
"Three years ago I wasn't even contemplating playing, let alone equalling Steve Davis's six world titles or Stephen Hendry's seven. So I'm very content. I've had a good tournament and I'm proud of my performance." O'Sullivan's story is one of the most inspirational in sport. It is a lesson to anyone who is struck down with crippling perfectionism, lack of motivation, fear of failure or self-doubt, that by reaching out for help you can achieve mental equilibrium and make yourself a better performer and person.
BBC Sport - World Snooker Championship 2014: Mark Selby wins style battle
RE: Links for 4/30 - admin - 05-08-2014
The global fossil fuel industry faces a loss of $28 trillion in revenues over the next two decades if the world takes action to address climate change, cleans up pollution and moves to decarbonize the global energy system. The assessment, made by leading European brokerage Kepler Cheuvreux, underlines what’s at stake for the fossil fuel industry, including factors such as a push for cleaner fuels and concerted efforts to reduce emissions, and helps explain the significant pushback from the oil and coal industries against such policies.
Fossil Fuels Face the Prospect of $30T in Losses : Greentech Media
With 11 minutes left on the clock, Liverpool deservedly led 3-0 against a timid Crystal Palace, who had little other than professional pride to play for with survival secured. Three goals ahead, looking at a three-point lead at the top of the table while cutting nicely into Manchester City's superior goal difference with obvious power to add. What could possibly go wrong? Answer - pretty much everything.
BBC Sport - Liverpool tears flow as Reds pay price for defensive frailties
Comedians Jay Leno and Ellen DeGeneres are among the celebrities supporting the boycott against the Beverly Hills Hotel and other hotels owned by Brunei. Beverly Hills city council is to vote on a resolution condemning the laws. Brunei's leader, Sultan Hassanal Bolkiah, announced the first phase of the new penalties last week. They will eventually include death by stoning for homosexuality and adultery.
BBC News - Stars boycott Beverly Hills Hotel over Brunei 'sharia' law
Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001 he remarked in a Fortune Magazine interview that "it is probably the best single measure of where valuations stand at any given moment."
Warren Buffett Stock Valuation Indicator - Business Insider
THE financial crisis began as a credit crunch—and its repercussions are still felt. Seven years since the first tremors culminated into a full-blown quake, investment is lower in most OECD countries. Business investment in particular still lags about 1 percentage point behind the pre-crisis average when the size of the economy is taken into account, according to a report released today
Daily chart: Spending pending | The Economist
Look who’s calling for a rebound in Russian stocks. John-Paul Smith, the Deutsche Bank AG strategist who predicted Russia’s 1998 stock market crash and has been bearish on the country for more than three years, says investors are overreacting to the conflict in Ukraine. “People now appear to be saying get out at any price, and that is perversely a good sign,” Smith said in a telephone interview from London yesterday. “You will get a recovery at some point.”
Deutsche Bank Russia Stock Bear Predicts Rebound After Rout - Bloomberg
Biking to work in most U.S. cities presents a long list of roadblocks topped, at least outside Portland, by the lack of designated bike lanes and the risk of injury because of missing infrastructure. Then there are the fashion hazards involved. What’s comfortable to wear for cycling—think spandex shorts—isn’t appropriate for the office.
A Suit Designed for Biking to Work and Taking Meetings - Businessweek
All the Japanese economy needs to take off is a small shift in U.S. consumer sentiment, according to Jeremy Bennett, chief executive of Nomura International, the Europe, Middle East and Africa wing of the Japanese bank. "We don't need some massive U.S.(style) consumer boom. We just need a little turn in sentiment," he told CNBC.
Japan just needs ‘little turn’ by consumer: Nomura
Data from Newcastle University suggests that as every 24 hours pass, on average we add an extra five hours to our lives - that's over 2 months each year and at least two years more per decade - due partly to improving living conditions and medical advances.
BBC News - The ageing game: Could we all be 95-year-old athletes?
Although the nation is spending more on welfare than ever before, most of that money is going to better-off families rather than the very poorest, a researcher found. Robert A. Moffitt, the Krieger-Eisenhower Professor of Economics at the Johns Hopkins University, found that the United States has become more generous over time in supporting low-income families, spending 74 percent more in inflation-adjusted dollars on welfare programs in 2007 than in 1975. But for the 2.5 million single parent families with the absolute lowest levels of earnings, aid dropped 35 percent between 1983 and 2004. During that same period, aid rose 74 percent for those earning slightly more.
US welfare spending up, but help for the neediest down
The six most important asset bubbles in modern times (in my opinion) are shown in Exhibit 1 and, as you can see, each of them qualifies on the 2-sigma definition, although the 1965-72 peak, known in the trade then as the “Nifty-Fifty” event, did so by a modest margin.
"The Six Most Important Asset Bubbles In Modern Times" | Zero Hedge
The unusual experiments of Stanford University School of Medicine neurology professor Thomas A. Rando, MD, Ph.D on laboratory rats sound like the work of a twisted madman. But they're attracting serious scientific attention, and some believe they may hold the key to the fountain of youth.
DailyTech - Cutting Open Rats and Sewing Them Together Offers Clues to Fountain of Youth
The World Health Organization says air pollution in many of the world's cities is breaching its guidelines. Its survey of 1,600 cities in 91 countries revealed that nearly 90% of people in urban centres breathe air that fails to meet levels deemed safe.
BBC News - Air pollution 'too high' in most of world's cities
RE: Links for 4/30 - admin - 05-09-2014
A month earlier, however, a group of senior U.S. military officers rendered a much harsher judgment in private about the legacy of the 12-year U.S.-led intervention. The officers concluded in a report for the Joint Chiefs of Staff that Afghanistan’s ability to serve its citizens’ needs remains directly threatened by a deeply entrenched culture of corruption that not only defied the West’s intervention but grew substantially worse because of it.
How The US Failed In Afghanistan - Business Insider
But the developments at Penn point, tantalizingly, to something more, something that would rank among the great milestones in the history of mankind: a true cure. Of 25 children and 5 adults with Emily’s disease, ALL, 27 had a complete remission, in which cancer becomes undetectable. “ It’s a stunning breakthrough,” says Sally Church, of drug development advisor Icarus Consultants. Says Crystal Mackall, who is developing similar treatments at the National Cancer Institute: “It really is a revolution. This is going to open the door for all sorts of cell-based and gene therapy for all kinds of disease because it’s going to demonstrate that it’s economically viable.”
Is This How We'll Cure Cancer? - Forbes
High-income economies have had ultra-cheap money for more than five years. Japan has lived with it for almost 20. This has been policy makers’ principal response to the crises they have confronted. Inevitably, a policy of cheap money is controversial. Nonetheless, as Japan’s experience shows, the predicament may last a long time.
Wipe out rentiers with cheap money - FT.com
Limitless renewable energy from nuclear fusion has been "30 years away" for several decades, but now experts believe they're finally closing in on a self-sustaining reaction
Back to the future: are we about to crack nuclear fusion? | The big energy debate | theguardian.com
Investing $1.3 billion in infrastructure next year would add at least 29,000 jobs and $2 billion to economic growth while reducing the deficit by $200 million, according to a new report from Standard & Poors.
It is worth remembering at the heart of this struggle, so often portrayed as some kind of great game played by global powers, is the desire of Ukraine's people to share the purest European dream of freedom and prosperity. After decades of Soviet rule, followed by sordid cronyism and corruption that followed its collapse and led to such stagnation, these people want a better life.
The EU's response to Ukraine has been a betrayal | Ian Birrell | Comment is free | The Guardian
But these extraordinary riches are being plundered by illegal fishing, with many sharks, rays, turtles and mantas among the devastating collateral damage of longline tuna fishing. It is part of a global illegal fishing crisis worth $10-23bn a year that results in 100m sharks killed every year.
The global automotive industry is set for an explosive expansion over the next seven years, research from IHS Automotive, part of IHS Global Insight, showed, with China accounting for half of the growth.
Global car output to break 100 million units by 2021
After a blow-out 2013, Japan's stock market seems to have lost its luster, but according to global research house Capital Economics the Nikkei is set for a dramatic turnaround.
Is a massive rebound coming for the Nikkei?
Apple trades at 13.5 times this year's estimated earnings while the tech-heavy Nasdaq composite index trades at 23.9 times its earnings. The company is even cheap relative to the benchmark S&P 500 index, which trades at 16.7 times earnings. (Read: Cramer: Heed Apple, Icahn and Twitter) Yet Sanchez says that the long-term fundamentals for Apple aren't good. Her worry is the company's iPhone business, which accounted for 53 percent of its revenue in 2013. "It's about 318 million total iPhone users in the world," Sanchez said. "Replacement demand alone is not going to be able to keep that growth going. So, the iPhone 6 will have to take increasing market share in order to keep the story for Apple positive. And, that's a challenge."
This chart shows why Apple could go a lot higher | Talking Numbers - Yahoo Finance
Tarshema Brice hardly ranks among the world’s elite counterfeiters. But with the help of modern consumer technology, she developed an exacting system for crafting fake U.S. greenbacks.
Woman With Printer Shows the Digital Ease of Bogus Cash - Bloomberg
NASA scientists have released a stunning recreation of the evolution of the universe from the formation of the first atoms, to the birth of stars and galaxies. It is all based on the latest mathematical model of how it all happened.
BBC News - Researchers create simulation of the Universe's evolution
Forget the delivery drones and TV deals. Jeff Bezos’ stealthy foray into the unsexy world of B2B distribution is likely his most disruptive move yet — and it has an $8 trillion swath of the economy running scared.
Amazon's Wholesale Slaughter: Jeff Bezos' $8 Trillion B2B Bet - Forbes