10-02-2015, 09:52 PM
Net capital flows for global emerging markets will be negative in 2015, the first time that has happened since 1988, the Institute of International Finance (IIF) said in its latest report. Net outflows for the year are projected at $541 billion, driven by a sustained slowdown in EM growth and uncertainty about China, it added.
Emerging markets to post first negative year of net capital flows since 1988
The high level of non-financial corporate debt as a share of GDP is a major, underlying reason for sustained pressure on EM asset prices, pointed out Hung Tran, executive managing director at the IIF.
Emerging markets to post first negative year of net capital flows since 1988
SCARCELY is one Federal Reserve meeting over before the doves and hawks start circling again. The hawks, who hope for a rate increase, had some unlikely companions in their flock in the run-up to the September meeting: central bankers from India, Indonesia, Mexico and Peru.
Global finance: Why some emerging-market leaders say they want the Fed to hike | The Economist
The rapid advances in information processing technology in recent years have created computing devices with formidable powers. These machines have long been better than humans at arithmetic, certain games such as chess, and more recently at advanced pattern recognitions tasks such as face recognition. But an outstanding questions is: to what extent do these capabilities add up to the equivalent of human intelligence? Today, we get answer of sorts thanks to the work of Stellan Ohlsson at the University of Illinois and a few pals who have put one of the world’s most powerful artificial intelligence machines through its paces using a standard IQ test given to humans.
IQ Test Result: Advanced AI Machine Matches Four-Year-Old Child's Score | MIT Technology Review
His opponent had been known to cause seizures, heart attacks, and even death. But Jason McNabb looked remarkably calm as he entered the arena. The whistle blew. Assault came thick and fast – a chaotic rush of watering eyes, swollen lips and perspiration.