“Berkeley Earth has just released analysis of land-surface temperature records going back 250 years, about 100 years further than previous studies. The analysis shows that the rise in average world land temperature globe is approximately 1.5 degrees C in the past 250 years, and about 0.9 degrees in the past 50 years. Berkeley Earth also has carefully studied issues raised by skeptics, such as possible biases from urban heating, data selection, poor station quality, and data adjustment. We have demonstrated that these do not unduly bias the results. Human Effect: Many of the changes in land-surface temperature can be explained by a combination of volcanoes and a proxy for human greenhouse gas emissions. Solar variation does not seem to impact the temperature trend.”
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Daily Archives: July 29, 2012
Capital requirements for bank exposures to central counterparties
The Basel Committee issued on July 25, 2012 interim rules for the capitalisation of bank exposures to central counterparties (CCPs). “The Committee’s framework for capitalising exposures to CCPs builds on the new CPSS-IOSCO Principles for Financial Market Infrastructures (PFMIs), which are designed to enhance the robustness of the essential infrastructure – including CCPs – supporting… Continue Reading
IBM – Capitalizing on the smarter consumer
Capitalizing on the smarter consumer, IBM Institute for Business Value, July 2012 “The consumer is digital. Smarter consumers take technology completely for granted. Nearly half the people we surveyed are eager to use two or more technologies to shop. Younger consumers are particularly keen and teenage twitterati have now escaped the parental leash. The… Continue Reading
Pew – The Future of Higher Education
The Future of Higher Education, by Janna Anderson, Jan Lauren Boyles, Lee Rainie. July 27, 2012 “For a millennium, universities have been considered the main societal hub for knowledge and learning. And for a millennium, the basic structures of how universities produce and disseminate knowledge and evaluate students have survived intact through the sweeping societal… Continue Reading
Persons born in latter years of baby boom held 11.3 jobs from ages 18 to 46
BLS: “The average person born in the latter years of the baby boom (1957-1964) held 11.3 jobs from age 18 to age 46, according to the U.S. Bureau of Labor Statistics. Nearly half of these jobs were held from ages 18 to 24. These findings are from the National Longitudinal Survey of Youth 1979; a… Continue Reading
An overview of U.S. occupational employment and wages in 2011
Audrey Watson, Occupational Employment Statistics program: “A substantial share of U.S. employment in May 2011 was concentrated in a relatively small number of occupations. Just 10 occupations made up more than 20 percent of total employment, and the 20 largest occupations made up nearly one-third of employmentmore than 41 million jobs. Most of these large… Continue Reading
BIS – Banks Reactions to Basel-III
Banks Reactions to Basel-III – Paolo Angelini, Bank of Italy. Andrea Geralim, Bank of Italy. July 1, 2012 Bank of Italy Temi di Discussione (Working Paper) No. 876 “We use a dynamic general equilibrium model of the euro area to study banks possible responses to the stricter capital requirements called for by the Basel III… Continue Reading
Basel III counterparty credit risk – Frequently asked questions
Basel III counterparty credit risk – Frequently asked questions, July 2012 “The Basel Committee on Banking Supervision has received a number of interpretation questions related to the December 2010 publication of the Basel III regulatory frameworks for capital and liquidity and the 13 January 2011 press release on the loss absorbency of capital at the… Continue Reading
