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James Bamford, via Wired: “..Snowden will continue to haunt the US, the unpredictable impact of his actions resonating at home and around the world. The documents themselves, however, are out of his control. Snowden no longer has access to them; he says he didn’t bring them with him to Russia. Copies are now in the hands …
“In a speech in New York, Federal Reserve Bank of Boston President Eric Rosengren called for a comprehensive re-evaluation of the regulation of broker-dealers (intermediaries that effect transactions in securities), given the lessons of the financial crisis. “Broker-dealers played a dramatic role during the crisis,” said Rosengren. Given their dependence on unstable, short-term funding, “broker-dealers can …
Macroprudential frameworks: (too) great expectations? Contribution by Mr Claudio Borio, Head of the Monetary and Economic Department of the Bank for International Settlements, to the 25th anniversary edition of Central Banking Journal, originally published on 5 August 2014. “Macroprudential frameworks are a welcome response to the Great Financial Crisis. As long argued by the BIS, a stronger …
“Folger Shakespeare Library announced yesterday (12th August 2014), that they have released the contents of their Digital Image Collection under a Creative Commons Share-Alike (CC-BY-SA) license – basically meaning that the images are free to re-use for any purpose as long as you credit the Folger Shakespeare Library as the source and share under a similar license. …
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Bloomberg – “The chemical triclosan has been linked to cancer-cell growth and disrupted development in animals. Regulators are reviewing whether it’s safe to put in soap, cutting boards and toys. Consumer companies are phasing it out. Minnesota voted in May to ban it in many products. At the same time, millions of Americans are putting it in their mouths every …
“Maryam Mirzakhani, who was born and raised in Iran, has been awarded the highest honour a mathematician can attain.‘The more I spent time on maths, the more excited I got’ The maths of Avila, Bhargava, Hairer and Mirzakhani explainedAlex Bellos: Prizes for maths that few of us can grasp“ Ian Sample, Science Editor – The …
Reducing the Budget Deficit: Overview of Policy Issues. Marc Labonte, Specialist in Macroeconomic Policy. August 7, 2014. “The federal budget has been in deficit (i.e., spending has exceeded revenues) since 2002, and deficits were significantly larger from 2009 to 2012 than in any other year since World War II. As a result, the federal debt held by the …
