German Study Finds GM Crops Good for Farmers and the Environment
German Study Finds GM Crops Good for Farmers and the Environment | Food Safety News - 0 views
Smaller States Find Outsize Clout Growing in Senate - Interactive - NYTimes.com - 0 views
New Truths That Only One Can See - NYTimes.com - 0 views
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New Truths That Only One Can See
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Given the desire for ambitious scientists to break from the pack with a striking new finding, Dr. Ioannidis reasoned, many hypotheses already start with a high chance of being wrong
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Taking into account the human tendency to see what we want to see, unconscious bias is inevitable.
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Nouriel Roubini explains why many previously fast-growing economies suddenly find thems... - 0 views
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Nonetheless, the threat of a full-fledged currency, sovereign-debt, and banking crisis remains low, even in the Fragile Five, for several reasons
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Many also have sounder banking systems, while their public and private debt ratios, though rising, are still low
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a large war chest of reserves
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Switch to Natural Gas Won't Reduce Carbon Emissions Much, Study Finds - 0 views
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Switch to Natural Gas Won't Reduce Carbon Emissions Much, Study Finds
Malaria in Widening Area Resists Drug, Study Finds - NYTimes.com - 0 views
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Malaria in Widening Area Resists Drug, Study Finds
Malaria in Widening Area Resists Drug, Study Finds - NYTimes.com - 0 views
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Malaria in Widening Area Resists Drug, Study Finds
China Exports Pollution to U.S., Study Finds - NYTimes.com - 0 views
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“We’re focusing on the trade impact,” said Mr. Lin, a professor in the department of atmospheric and oceanic sciences at Peking University’s School of Physics. “Trade changes the location of production and thus affects emissions.”
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“Dust, ozone and carbon can accumulate in valleys and basins in California and other Western states,” the statement said.Black carbon is a particular problem because rain does not wash it out of the atmosphere, so it persists across long distances, the statement said. Black carbon is linked to asthma, cancer, emphysema, and heart and lung disease.
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The study’s scientists also looked at the impact of China’s export industries on its own air quality. They estimated that in 2006, China’s exporting of goods to the United States was responsible for 7.4 percent of production-based Chinese emissions for sulfur dioxide, 5.7 percent for nitrogen oxides, 3.6 percent for black carbon and 4.6 percent for carbon monoxide.
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Apple's Web of Tax Shelters Saved It Billions, Panel Finds - NYTimes.com - 0 views
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Apple’s Web of Tax Shelters Saved It Billions, Panel Finds
Hot Money Blues - NYTimes.com - 0 views
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for the time being, and probably for years to come, the island nation will have to maintain fairly draconian controls on the movement of capital in and out of the country.
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It will mark the end of an era for Cyprus, which has in effect spent the past decade advertising itself as a place where wealthy individuals who want to avoid taxes and scrutiny can safely park their money, no questions asked.
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To some extent this reflected the fact that capital controls have potential costs: they impose extra burdens of paperwork, they make business operations more difficult, and conventional economic analysis says that they should have a negative impact on growth (although this effect is hard to find in the numbers). But it also reflected the rise of free-market ideology,
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Cyprus adds to Europe's confusion - FT.com - 0 views
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First, the eurozone does indeed have the capacity to do the right thing in the end, though not before first exhausting all the alternatives.
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It protects the small deposits and imposes a rational resolution process.
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Second, a euro is indeed not a euro everywhere.
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Car Factories Offer Hope for Spanish Industry and Workers - NYTimes.com - 0 views
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Four years of economic turmoil and the euro zone’s highest jobless rate have made the Spanish labor market so inviting — an estimated 40 percent less expensive than those of Europe’s other biggest car-making countries, Germany and France — that Ford and Renault recently announced plans to expand their production in Spain.
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Some experts say such gains in competitiveness and investment are exactly what Spain needs for its economy to recover and to remove any doubts about whether the country can remain in the euro union.
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Because Spain no longer has its own currency to devalue as a way to lower the price of its exports, it is having to find its competitive advantage in lower labor costs. Many economists have argued that societies cannot survive such painful downward adjustments.
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David Ignatius: Mervyn King's hard lessons in Keynesian economics - The Washington Post - 0 views
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As King struggled with the crisis, he concluded that the biggest vulnerability was the solvency of the banking system itself. The crash wasn’t just a liquidity squeeze caused by toxic assets; the problem was that big banks around the world were undercapitalized and, in many cases, insolvent.
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King pushed the banks to recapitalize and, later, to accept more regulation. This upset a financial elite that, as King says, was the only sector of the British economy that had escaped the market revolution of the Margaret Thatcher years.
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For King, the past decade reinforced the lessons Keynes drew from the 1930s: One is the psychological quirkiness of investors, which Keynes described as “animal spirits” on the upside and “extreme liquidity preference” on the down.
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Tomato Imports Deal Reached by U.S. and Mexico - NYTimes.com - 0 views
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The agreement, reached late Saturday, raises the minimum sales price for Mexican tomatoes in the United States, aims to strengthen compliance and enforcement, and increases the types of tomatoes governed by the bilateral pact to four from one.
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“The draft agreement raises reference prices substantially, in some cases more than double the current reference price for certain products,
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Florida growers contended it set the minimum price of Mexican tomatoes so low that the Florida growers could not compete.
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Tunisia enters 'phase of absurdity' - FT.com - 0 views
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“No development model will be able to find a solution to unemployment,” he says bluntly, citing the grim reality that at about 800,000 are already unemployed and another 100,000 enter the labour force every year. “The best we can do is create 100,000 jobs a year but you still have the 800,000. The solution should be immigration. There’s no other way.”
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But to where?
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The government also has raised with European partners the prospect of absorbing some of the highly skilled graduates. But while immigration could alleviate some of the pressure, surely it cannot be the solution.
Germany May Not Offer Best Lessons for Weaker Euro-Zone States - WSJ.com - 0 views
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In fact, some economists view the German reform narrative as a myth
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Wage restraint was instead a function of weak demand after the collapse of the reunification-fueled construction boom in the mid-1990s.
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Even if one accepts the story, economists also point out that Germany undertook its labor-market reforms when the winds of the world economy were extremely favorable. The global economy was growing, and China and other emerging economies were sucking in machine tools and other capital goods in which German manufacturers excelled.
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Bringer of Prosperity or Bottomless Pit? 'Putting the Virtuous in the Dock Rather than ... - 0 views
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You should look at it more holistically. We wouldn't have been able to increase our exports if the other countries had behaved like us and had not increased their demand for an entire decade.
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Excluding Greece from the union would be the completely wrong approach. Greece's problem is its inefficiency in terms of public finances. That can be corrected.
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Starbatty: In my experience, speculators are only successful when political promises diverge from economic reality, as has become clear in Greece.
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