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Monthly Archives: January 2015

Currency depreciation against the dollar affects oil importers and exporters differently

EIA – “Widely traded futures contracts for North Sea Brent crude oil in global financial markets are typically priced in U.S. dollars (USD). The appreciation, or increase in value, of USD against most other currencies since last summer can either mitigate or exacerbate the effects of the recent sharp decline in USD-denominated crude oil prices,… Continue Reading

Google Search – Deep Learning Revives the Neural Net Revolution

Follow up to previous posting – Google – Still in the Search, How Google Search Dealt With Mobile – The Never Ending Search by Steven Levy, see also parts two, three and four of this series: Part 2 – Google’s Secret Study To Find Out Our Needs – To improve search, ask people what they… Continue Reading

The Forecasting Power of Consumer Attitudes for Consumer Spending

Working Paper No. 14-10 by Michelle L. Barnes and Giovanni P. Olivei 2014 Series “The widely studied Reuters/Michigan Index of Consumer Sentiment is constructed from the answers to five questions from the more comprehensive Reuters/Michigan Surveys of Consumers. Yet little work has been done on what predictive power the information taken from this more thorough… Continue Reading

Economic Policy Uncertainty and Risk Spillovers in the Eurozone

Bernal, Oscar and Gnabo, Jean-Yves and Guilmin, Grégory, Economic Policy Uncertainty and Risk Spillovers in the Eurozone (January 22, 2015). Available for download at SSRN: http://ssrn.com/abstract=2554046 “This paper focuses on the impact of economic policy uncertainty on risk spillovers within the Eurozone and contributes to these two growing literatures. To this end, we adapt the… Continue Reading

Education Rights and Wrongs

Heise, Michael, Education Rights and Wrongs: Publicly Funded Vouchers, State Constitutions, and Education Death Spirals (November 1, 2014). Available for download at SSRN: http://ssrn.com/abstract=2554070 “Professor Julie Mead considers whether publicly funded voucher programs “subvert” states’ ability to provide an “adequate” public education consistent with state constitutional requirements. The critical analytic move in Mead’s paper involves… Continue Reading

The Most Innovative Companies 2014

Boston Consulting Group – The Most Innovative Companies 2014, Breaking Through Is Hard to Do: “Innovating isn’t getting any easier. Nor any less important. Our ninth innovation report since 2005 finds that although innovation remains a top corporate priority, executives are feeling less confident in their innovation capabilities. It’s no longer enough to be good… Continue Reading

Reuters Interactive Graph – Journalists killed 1992-2015

Source: Committee to Protect Journalists – Graphic by Matthew Weber/Reuters Graphics – Journalists killed – Click on any person to see more information on the Committee to Protect Journalists website. Users may query by: Name, Position, Gender, Country Killed, Organization worked for; Coverage; Local or foreign; Source of fire; Type of death. Continue Reading

Carabinieri Recover Biggest Stolen Archeology Collection in History

Silvia Donati | January 22, 2015 | Italy Magazine: “More than 5,000 precious artifacts from the past have been recovered in an operation by the Carabinieri that has been described as the biggest recovery of stolen archeological items in history. The collection comprises vases, bronzes, statues and frescoes, including rare pieces, stolen from different Italian… Continue Reading

Yemen: Background and U.S. Relations

CRS Report – Yemen: Background and U.S. Relations. Jeremy M. Sharp, Specialist in Middle Eastern Affairs. January 21, 2015. “This report provides an overview and analysis of U.S.-Yemeni relations amidst evolving political change in Yemeni leadership, ongoing U.S. counterterrorism operations against Al Qaeda in the Arabian Peninsula (AQAP) operatives in Yemen’s hinterlands, and international efforts… Continue Reading

Paper – The Creative Wealth of Nations

World Bank Policy Research Working Paper 7118. The Creative Wealth of Nations – How the Performing Arts Can Advance Development and Human Progress – by Patrick Kabanda, Foreword by Amartya Se. “Cultural activities are increasingly noted as drivers of meaningful development. But they have yet to gain a prominent place in the architecture of development strategy.… Continue Reading

OCC Issues Government Securities Act booklet of the Comptroller’s Handbook

“The Office of the Comptroller of the Currency (OCC) issued today the Government Securities Act” booklet of the Comptroller’s Handbook. This new booklet, part of the Securities Compliance series, consolidates certain guidance from the Comptroller’s Handbook for Compliance, “Securities Activities” booklet, issued in September 1991, and the Comptroller’s Handbook booklet “Investment Securities,” issued in March… Continue Reading