Greece's life-saving austerity medics (westcoastjan)
The state gives them a short period of grace, but then they're on their own and have to stump up the cash for drugs and treatment. When the "troika" of the European Commission, the IMF and the European Central Bank agreed a 240bn-euro rescue package for Greece in 2011 the condition was that the Greek government should make tax system improvements, cut the public sector workforce and lower public spending to reduce its debt burden.
But rather than marketing Presidio as a “green MBA,” which would have established merely a niche program, the school pursued a bolder mission altogether; to create a new vanguard for business education in general. This was formed around a core founding belief that has remained true; business is not at odds with sustainability principles, rather, when business integrates them, it can be the most potent vehicle for effecting necessary change in the world. Presidio’s addition of the MPA program several years later was an evolution which recognized that public policy, in tandem with business, would enhance the school’s educational offering towards effecting real change leadership.
Who is affected by big currency movements? (westcoastjan)
Several sectors are being badly affected, prime among these, are petroleum companies and automotive manufacturers who rely heavily on imports. The falling rupee could widen India's current account deficit, which has already been a big concern for the country.
Sal Culosi is dead because he bet on a football game — but it wasn’t a bookie or a loan shark who killed him. His local government killed him, ostensibly to protect him from his gambling habit.
Fail And Fail Well (Ilene)
A study on internet based private equity investors showed that the investor confidence was positively correlated with trading frequency. (Glaser and Weber) Barber and Odean also found that online traders were overconfident and overtraded. The illusion of control and knowledge increased the traders’ overconfidence. Overconfidence leads to more active trading and also to subpar results. Overtrading damages returns.
Dear Leader Dreams Of Sushi (Chris M.)
At a lavish Wonsan guesthouse, Fujimoto prepared sushi for a group of executives who would be arriving on a yacht. Executive is Fujimoto's euphemism for generals, party officials, or high-level bureaucrats. In other words, Kim Jong-il's personal entourage. Andguesthouse is code for a series of palaces decorated with cold marble, silver-braided bedspreads, ice purple paintings of kimilsungia blossoms, and ceilings airbrushed with the cran-apple mist of sunset, as if Liberace's jet had crashed into Lenin's tomb.
Ed McNeil, a representative of the American Federation of State, County and Municipal Employees Council 25, was upset that Orr’s restructuring team asked union leaders to sign confidentiality agreements, which would prevent them from revealing financial data discussed during their meetings.
NAVY LENR Patent Granted – Transmutes Radioactive Waste (Arthur Robey)
Studying this patent, I can not help but observe that this is an advanced LENR concept and that the NAVY has been working hard at this for quite some time. The patent was filed in 2007. Published and made viewable six years later. Now that this publicly funded “patent” work is finally seen by the public, it should be brought to the limelight of the world stage immediately.
The Lac-Mégantic Rail Disaster is a Corporate Crime (westcoastjan)
We go to such lengths to keep everyone stocked up with the most dangerous products available. Oil companies are drilling to deeper, riskier depths in the Gulf of Mexico and companies are eyeing inhospitable areas such as the Arctic. We mine the Canadian oil sands, despite the horrific cost to the environment. Then we compound all these woes by shipping the stuff through accident-prone pipelines, ships and trains.
"In case you missed it, the oil was being carried from America's new oil patch, the Bakken shale fields of North Dakota, to a St. John, New Brunswick, refinery that, according to the owner, Irving Energy, sends more than half of its 300,000 daily barrels of petroleum products back across the border to the northeastern United States."
Politics of Climate Change: A Well-Oiled Machine (westcoastjan)
It is noteworthy that H.R. 2454, the American Clean Energy and Security Act of 2009, which would have instituted a cap and trade system for greenhouse gas emissions, had the fifth highest number of clients for whom lobbying was carried out in the 111th Congress. And this isn’t fifth out of ten, it was fifth highest for all issues on which lobbying was conducted.
Urban flooding likely to worsen, say experts (westcoastjan)
In a 2007 report titled "The Coming Collapse of Canada's Municipal Infrastructure," the FCM estimated that up to $90 billion would be needed over 10 years just to maintain and update the existing water infrastructure in Canada.
It said there is a need to "rehabilitate water and sewage infrastructure" especially in older cities like Montreal where many sewer pipes in the downtown were built in the 1880s.
Desalination of seawater happens in two general ways at present: by vacuum distillation, where the water is boiled at a pressure below the atmospheric, and by reverse osmosis, where the salt is extracted by pushing the water through semi-permeable membrane. Scientists at The University of Texas at Austin and the University of Marburg in Germany invented third way of seawater desalination which is far simpler and requires less energy than the conventional methods.
Gold & Silver
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