Daily Digest

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Daily Digest 8/8 - The Seven-Year Short, The Feeling And Science Of Heat

Monday, August 8, 2016, 8:37 AM

Economy

Robert Kagan and Other Neocons Are Backing Hillary Clinton (sand_puppy)

Sloat, the former deputy assistant secretary of state in the Bureau of European and Eurasian Affairs, boasted that Clinton will be “more interventionist and forward-leaning than Obama’s been” in Syria. She also applauded Clinton for doing intervention the right way, through coalitions instead of the unilateral aggression that defined the Bush years.

There’s No Such Thing as Innocuous Personal Data (jdargis)

Let’s go back to the example of heart rates. In a study conducted in Sweden and published in 2015, researchers found that low resting heart rates correlated with propensity for violence. It’s unclear whether these findings will hold up to further investigation. But if the connection is confirmed in the future, perhaps it could be cross-indexed, introduced into algorithms, and used, in conjunction with other data, to profile or convict individuals, suggests John Chuang, a professor at Berkeley’s School of Information and the director of its BioSense lab. (Biosensing technology uses digital data to learn about living systems like people.) “It’s something we can’t anticipate—these new classes of data we assume are innocuous that turn out not to be,” says Chuang.

The Seven-Year Short (jdargis)

Surrounded by shirts and pants—the closet is more convenient than his basement office—Hart, 44, talks to Hong Kong, parsing the latest numbers and the scuttlebutt from Beijing and Shanghai. In the seven years since this all started, he might as well have learned Mandarin. (All three of his children speak the language now, unlike their old man.) Doggedness has cost him millions—not to mention investors, employees, and, at times, damn near his sanity. But he won’t, or maybe can’t, let go now.

Missouri public defender, fed up with meager funding, appoints governor to defend assault suspect (jdargis)

“Given the extraordinary circumstances that compel me to entertain any and all avenues for relief, it strikes me that I should begin with the one attorney in the state who not only created this problem, but is in a unique position to address it,” Michael Barrett, director of the Missouri State Public Defender System, wrote in a letter to the governor.

'A Major System-Wide Outage' (jdargis)

Delta said it will allow those people whose flights were affected to make a one-time change to their tickets without incurring a fee. And, it said: “If your flight is canceled or significantly delayed, you are entitled to a refund.” Delta, the world’s third-largest airline by number of passengers, carries 138.8 million people each year.

Chinese trade drop adds to global economic woes (jdargis)

The figures do "not bode well for the state of global demand, given that Chinese exports benefited from a weaker currency," Louis Kuijs of Oxford Economics wrote in a note.

"Looking forward, we expect the trade data to remain lacklustre in the coming months, given our outlook of subdued momentum in global trade and China's domestic demand."

How to Give Rural America Broadband? Look to the Early 1900s (jdargis)

Mr. Creason’s experience with the electric co-op puts him at the leading edge of a trend unfolding in hard-to-reach rural spots nationwide. For years, such communities have largely been left out of the digital revolution because they had only intermittent internet access, often through a patchwork of satellite, dial-up or wireless service. Telecom and cable companies shunned the areas because it was too expensive to bring equipment and service over long distances to so few people.

Heat: The Feeling And The Science (bobwise32952)

What I actually sensed as "heat" was not the temperature, but the my body's interaction with the air and nearby surfaces. The body needs to lose heat constantly to maintain its 98.6 degree temperature. At moderate air temperatures, it cools by conduction to the surrounding air and even by convection- as if little cumulus clouds floated up from the skin. But when the air temperature exceeds body temperature, convection stops, and conduction begins to warm the body.

Gold & Silver

Click to read the PM Daily Market Commentary: 8/5/16

Provided daily by the Peak Prosperity Gold & Silver Group

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saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
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Posts: 4145
BOJ's Policy Review Means Stimulus Boost Coming, Survey Shows

Bond Market's Big Illusion Revealed as U.S. Yields Turn Negative

Bloomberg-17 hours ago
DIAM's Sekiai has been shunning Treasuries since April, a month after foreign .... Japan said two Chinese vessels entered Japanese territorial waters near the ...
 

Emerging Markets Race to One-Year Highs on Stimulus Prospects

Bloomberg-10 hours ago
China Communications Construction Co. rose 6.3 percent in Hong Kong, while ... rather than U.S. Treasuries narrowed three basis points to 347, according to ...
 

Italy's Bonds Halt Rise as Credit Rating Threatened by Politics

Bloomberg - ‎5 hours ago‎
Italy's government bonds ended a two-day advance as the nation's sovereign rating came under review before a proposed constitutional referendum. Yields on the nation's 10-year debt rose from a 17-month low reached Friday. Ratings agency DBRS Ltd.

Italian banks may face rising funding costs after DBRS review

Daily Mail - ‎7 hours ago‎
If DBRS does bring its ratings into line with its peers, Italian banks, known to be the biggest supporters of the domestic bond market, could be driven away from buying their own sovereign debt, thereby pushing up the governments' borrowing costs as well.
 

BOJ's Policy Review Means Stimulus Boost Coming, Survey Shows

Bloomberg-Aug 7, 2016
Twenty-eight expect the central bank to retain its negative interest, despite opposition from commercial banks. The survey was conducted Aug. 1-4. The BOJ ...

Why China Can't Solve Its Debt Problem

Bloomberg - ‎17 hours ago‎
An examination by China's National Audit Office in 2013 found debt outstanding of 18 trillion yuan. In other words, debt already exceeded the 2015 statutory limit three years ago. And since then, local finances have only worsened. The IMF last year ...

Household debt concerns economists, lenders

Herald-Whig-1 hour ago
U.S. household debt now tops $12.3 trillion. That is somewhere around $320 billion below the levels in 2008 as the great recession was beginning. The Federal ...
 

$59.4K per taxpayer: NJ government debt burden highest in the nation

New Jersey 101.5 FM Radio-12 hours ago

The big-picture debt amounts to $59,400 per taxpayer, highest among the states. ... “They have bills of more than $200 billion, but they only have $25 billion in .

China Sees Second Shipbuilder Default This Year as Economy Slows

Bloomberg-5 hours ago
Chinese companies are struggling with record debt payments in the second half as Premier Li Keqiang seeks to cut overcapacity with the economy growing at ...

When Chinese State Support Evaporates on Investors

Wall Street Journal-7 hours ago
China City Construction International defaulted on 2.5 billion yuan of debt in ... bondholders it was in default on the principal payment, according to Moody's.

Milliman analysis: Record-low interest rates drive another increase ...

PR Newswire (press release)-2 minutes ago
... interest rates drive another increase in the pension funding deficit ... In July, these pension plans experienced a $5 billion decrease in funded status due to a ...

Scuttled Property Deals, Legal Risks Mount From Vancouver Tax

Bloomberg-9 hours ago
The cost of a detached home in Canada's third-biggest city soared 38 .... For Kaoru Sekiai, getting steady returns for his pension clients in Japan used to be ...

Telefonica Opens Rate Talks in Venezuela After Maduro's Threat

Bloomberg-5 hours ago
Telefonica SA is holding talks with the Venezuelan government to adjust phone-service rates after President Nicolas Maduro blocked an attempt to increase ...

 

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Tall
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Posts: 564
Plastic hurting Canada’s loons, ducks and geese

“One of the biggest problems is it causes them to feel full so they stop eating,” said Provencher, who was not involved in the current study. “It’s like the feeling after Thanksgiving—imagine a bird ingesting a whole bunch of plastic, then the sensors in the stomach signal to the brain ‘not hungry’, so they don’t eat.”

Also the garbage can puncture the birds stomach.

“In a freshwater gull we once saw wires, like the gauge of coat hanger, sticking right out through the gizzard,” Mallory said. “There was an infection and sores where it perforated out.”

The third risk to birds is pollutants that are on the plastic. Some plastic already has harmful chemicals built right in, and then it can pick up more chemicals from the water. “Birds ingest the plastic, it sits inside their oily stomach contents, contaminants are desorbed off the plastics and taken up by birds,” Provencher said.

Mallory said he’s pretty much seen it all inside the birds.

“Almost anything you can think of, things like bottle caps, bits of plastic containers like a margarine container, coffee cup lids, various Styrofoam like the kinds from disposal coolers … then some gross stuff like Band Aids.

“Once we found an entire hamburger wrapper,” he said.

http://www.environmentalhealthnews.org/ehs/news/2016/aug/plastic-hurting...

 

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Time2help
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Joined: Jun 9 2011
Posts: 2830
Time2borrow

Time to Borrow (NYT)

Quote:

The campaign still has three ugly months to go, but the odds — 83 percent odds, according to the New York Times’s model — are that it will end with the election of a sane, sensible president. So what should she do to boost America’s economy, which is doing better than most of the world but is still falling far short of where it should be?

There are, of course, many ways our economic policy could be improved. But the most important thing we need is sharply increased public investment in everything from energy to transportation to wastewater treatment.

How should we pay for this investment? We shouldn’t — not now, or any time soon. Right now there is an overwhelming case for more government borrowing.

 

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