Saturday 13 September 2014

Krugman: Inflationary cult a symptom of overly polarized, political society - Houston Chronicle

"Whom are we talking about? Not just the shouting heads on CNBC, although they're certainly part of it. Rick Santelli, famous for his 2009 Tea Party rant, also spent much of that year yelling that runaway inflation was coming. It wasn't, but his line never changed. Just two months ago, he told viewers that the Federal Reserve is "preparing for hyperinflation."

You might dismiss the likes of Santelli, saying that they're basically in the entertainment business. But many investors didn't get that memo. I've had professional investors tell me that the quiescence of inflation surprised them, because "all the experts" predicted that it would surge."

http://www.houstonchronicle.com/opinion/outlook/article/Krugman-Inflationary-cult-a-symptom-of-overly-5751749.php



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Reports of Russian Aid Arriving in Ukraine




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Women important in world economic recovery

"TOKYO (AP) -- Empowerment of women and equal opportunities are crucial for driving a stronger global economic recovery, and for revitalizing Japan, the head of the International Monetary Fund said Friday.

The global recovery is too tepid and too turbulent, IMF chief Christine Lagarde told a gathering organized by the Japanese government and business groups to support Prime Minister Shinzo Abe's campaign to promote a bigger role for women in the economy."

http://hosted.ap.org/dynamic/stories/A/AS_JAPAN_WOMEN?SITE=MYPSP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2014-09-12-04-59-20



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Recovery of stolen assets makes progress but more needs to be done, according to latest report

"According to the report, OECD members increased the total assets frozen in the period 2010-2012 from US$1.225 billion to US$1.398 billion. Additional findings also showed that more assets were returned to developing countries; that countries were more successful in freezing and returning stolen assets through innovative legal avenues and powers; and that countries with established asset recovery policies and solid legal and institutional frameworks, such as Switzerland, the US and the UK, achieved greater success in returning the proceeds of corruption. These latter successes provide useful experience and practices for others to follow."



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There's Something Very Wrong With Britain's Recovery - Business Insider

Its nothing but property based? 

"Britain's economic recovery is leaving the country's manufacturers behind, according to new European Commission figures. The stats show U.K. investment in equipment has fallen, even as the economy has picked up.Weak investment in the sector will concern British policymakers who have been looking to rebalance the economy toward exports." 

Read more: http://www.businessinsider.com/theres-something-very-wrong-with-britains-recovery-2014-9



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The West Is Threatening To Cut Off Russian Oil Exploration In The Arctic - Business Insider

"The United States and European Union have made plans to halt oil exploration in Russia by some of the world's biggest oil majors, according to Reuters sources. New sanctions are expected to be announced tomorrow.

The move would stop billions of dollars in planned oil exploration, from companies including Exxon Mobil and BP that was set to take place in the Russian arctic.



Read more: http://www.ibtimes.co.uk/russias-arctic-oil-exploration-threatened-by-fresh-western-sanctions-1464980?utm_medium=social



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Chomsky probes the question of human depravity and weakness in face of huge challenges ahead. Humanity may not survive.

"One dreadful consequence of the US-UK invasion is depicted in a New York Times "visual guide to the crisis in Iraq and Syria": the radical change of Baghdad from mixed neighborhoods in 2003 to today's sectarian enclaves trapped in bitter hatred. The conflicts ignited by the invasion have spread beyond and are now tearing the entire region to shreds."



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University of Glasgow :: University news

"Scientists have taken a major step forward in the production of hydrogen from water which could lead to a new era of cheap, clean and renewable energy.

Chemists from the University of Glasgow report in a new paper in Sciencetoday (Friday 12 September) on a new form of hydrogen production which is 30 times faster than the current state-of-the-art method. The process also solves common problems associated with generating electricity from renewable sources such as solar, wind or wave energy."

http://www.gla.ac.uk/news/headline_358595_en.html



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Scientists find quicker, more sustainable way to produce hydrogen fuel (Science Alert)

"This new method, on the other hand, allows larger-than-ever quantities of hydrogen gas to be produced at atmospheric pressure and using lower power loads, such as those generated by renewable power sources."



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New wearable robotic exoskeleton gives you superhuman powers (Science Alert)

"A team of researchers at Harvard University have developed a prototype robotic exoskeleton, otherwise know as a 'smart suit'. Made from soft materials and worn from the waist down, the device has been designed to gradually assist the wearer in the movements they're making, supplementing their natural power by up to 20 percent. 

"You actually don't really notice that it's helping you. But as soon as you turn the system off, it makes you instantly feel that your legs are heavy, which shows that your legs have adapted," engineer Conor Walsh, head of Harvard's Biodesign Lab, told Jessica Leber at FastCompany.

Not only could this suit be used to enhance the movements of soldiers and firefighters, making them faster, more agile, and better able to transport heavy equipment, but it could also be worn by stroke victims to make the slow and painful recovery process easier, and the elderly, to protect them from life-threatening falls and injuries. But don't worry about your grandma looking like a cyborg - the exoskeleton has been designed to be so lightweight and flexible, it can be worn under clothing. "


http://www.sciencealert.com.au/news/20141209-26166.html



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One step closer to curing heart disease, researchers create blood vessels - The Inside Korea · 인사이드 코리아

"SNU hospital cardiologists developed a way to transdifferentiate adult skin fibroblasts (SFBs) directly into vascular endothelial cells (iECs) without turning the fibroblasts into induced pluripotent stem cells. Up until now, researchers generally tried to cultivate induced pluripotent stem cells from the fibroblasts and then transdifferentiate the stem cells into vascular endothelial cells. However, this traditional process can cause an outbreak of tumors and cultivating stem cells can be very complicated, making the technology's commercialization difficult."



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Some Bacteria are Sneakier Than First Suspected « Science World

"The World Health Organization said in its 2014 report on antimicrobial resistance that "without urgent, coordinated action, the world is heading towards a post-antibiotic era, in which common infections and minor injuries, which have been treatable for decades, can once again kill."



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Australia Raises Terror Threat Level

"This is the first time that Australia's threat level has been elevated above medium since the scale was introduced more than a decade ago. Prime Minister Tony Abbott said while there is no intelligence of any specific plots, there are individuals capable of carrying out an attack in Australia."




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Germany Bans IS in Anti-Recruitment Bid

"Germany announced a ban on Islamic State on Friday, saying it aimed to prevent the militants from recruiting young jihadists in Germany, especially via the internet, or from using combat-hardened fighters returning to Europe to carry out attacks.

Coinciding with the launch of a broad U.S. campaign against the Sunni militants, which could include air strikes in Syria as well as Iraq, Germany introduced an immediate ban making all IS propaganda, symbols and activities illegal."

http://www.voanews.com/content/reu-germany-bans-islamic-state-in-bid-to-stop-attacks/2447512.html



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Dutch Hope Shards Will Lead to Weapon That Downed MH17

"Dutch prosecution service chief Fred Westerbeke, who is leading the international inquiry into the July 17 disaster, said the investigation was focusing on the theory that a surface-to-air missile had been used to shoot the plane down."

All this amid so many lies. Hard evidence is still only a beginning! 



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The Assault Weapon Myth - NYTimes.com

"It turns out that big, scary military rifles don't kill the vast majority of the 11,000 Americans murdered with guns each year. Little handguns do."



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Meaford Cell Tower Decision Difficult

Yep!



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Networking’s Getting a Little Abstract | Network World




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Former National Ignition Facility head to lead telescope project - SFGate

"(09-12) 17:35 PDT SAN FRANCISCO --Ed Moses, who until a year ago led efforts to create a self-sustaining source of thermonuclear energy at the National Ignition Facility in Livermore, has taken a new job as head of a project to build the world's largest ground-based telescope in Chile.

Known as the Giant Magellan Telescope, or GMT, the instrument will combine seven huge optical mirrors to yield the observing power and sensitivity of a single adjustable mirror 800 feet in diameter.

Moses, an eminent laser scientist at the Lawrence Livermore National Laboratory since 1980, took a leave from NIF about a year ago after enduring years of controversy as science teams there repeatedly proved unable to achieve their goal of what in effect would be controlling the energy of an H-bomb to possibly provide a sustainable source of clean power."

http://www.sfgate.com/science/article/Former-National-Ignition-Facility-head-to-lead-5752215.php



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Pre-orders for new Apple 6 and 6 plus are incredible. Apple has many winners as world turns more and more in its direction for technology leadership!

"(Reuters) - Customers may have to wait three to four weeks to get their hands onApple Inc's AAPL.O iPhone 6 Plus, after a record number of orders for the company's latest smartphones strained available supply.

The new iPhone 6 goes on sale on Sept. 19 in the United States but the company began taking online orders on Thursday. While the larger 5.5-inch "Plus" models now display a wait time of up to a month, the 4.7-inch version remains available for delivery on Sept. 19, Apple's website showed.

Verizon Wireless VZ.N, AT&T T.N and Sprint Corp S.N, also showed shipment delays of up to six weeks on their respective websites. Apple said the pace of orders has so far outstripped any of its previous iPhones."

https://uk.news.yahoo.com/iphone-6-plus-pre-order-shipments-delayed-month-153614426--finance.html



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Bloc led by Russia and China criticizes U.S. over missile defense | Reuters

(Reuters) - A security bloc led by China and Russia took a swipe at the United States on Friday, saying the development of unilateral missile defense systems would undermine global security.

The Shanghai Cooperation Organisation (SCO), which also includes four Central Asian states, did not name the United States in a statement issued at a summit in the Tajik capital, Dushanbe.

But Russia in particular has long been critical of Washington over its plans to build a global missile defense shield and Moscow sees the system as a security threat.

"The unilateral and unlimited capacity of individual states' or groups of states' missile defense systems will be detrimental to international security and strategic stability," the statement said.

http://www.reuters.com/article/2014/09/12/us-ukraine-crisis-statement-idUSKBN0H70WR20140912



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China pushes interns working at American news agencies to serve as spies - Boing Boing

"A paper released by the Foreign Correspondent's Club in China shows that conditions for reporters in the country have gone from bad to worse. In addition to pressuring journalists directly, "authorities have also taken aim at Chinese citizens working for foreign news bureaus," reports the New York Times.

"Half of all respondents who employ Chinese news assistants said they had been threatened or harassed by the authorities. In some instances, national security agents have pressed interns working at American news outlets to act as spies, and when they refused, pressured them into quitting."

http://boingboing.net/2014/09/12/china-pushes-interns-working-a.html



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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth. ... more!