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In a hard-hitting report to clients, the economists said that without action being taken there could be "catastrophic outcomes".The bank said the research came from a team that was "wholly independent from the company as a whole".Climate campaigners have previously criticised JP Morgan for its investments in fossil fuels.

Carbon emissions in the coming decades "will continue to affect the climate for centuries to come in a way that is likely to be irreversible," they said, adding that climate change action should be motivated "by the likelihood of extreme events".Climate change could affect economic growth, shares, health, and how long people live, they said.

JP Morgan itself has been strongly criticised in the past for heavy investment in fossil fuels.The Rainforest Action Network released a 2019 report claiming that the US banking giant provided the most fossil fuel firm financing of any bank in from 2016 to 2018.

It makes sense; we all have a natural tendency to grow, transform, and live life as fully as we can. It is an internal drive to experience deeper fulfillment.

This “lack of self-worth” deeply buried idea about myself is just an example, there are numerous potential judgments, ideas, perceptions, assumptions, and feelings that I could be carrying in my own personal shadow.

The pain is due to the fact that there might be a reason behind the piece’s location in shadow of your psyche—it might be a threatening dimension of yourself, or a scary one, or one that is linked with some trauma or difficult past events—and you have pushed it into the unconscious so that you won't have to “meet” it as part of conscious awareness of yourself.

"We are in the beginning of a mass extinction and all you can talk about is money and fairy tales of eternal economic growth," the Swedish climate activist told the United Nations General Assembly on Monday. "How dare you?"

"For more than 30 years, the science has been crystal clear, how dare do you continue to look away?"

But convincing her to come to America wasn't easy. Thunberg refuses to fly because of the high levels of emissions from air travel. When she traveled to the World Economic Forum in Davos in January, she traveled by train. It took her 32 hours

This time of year, we always hear people say “New year, new me.”We create new resolutions to eat healthier, work out or break other bad habits. Psychologically, we need time to step back and reflect.

“I believe everybody takes this week to reflect on their lives and the years past, where they would like to be in the next year or 5-10 years down the road,” said Robby Dennis.

The deeper, more internal problems like how you treat others or react to things will take a LOT more work than just saying you can do it.“Making sure you understand why that’s a vulnerability to you and why your feelings sort of got hurt and you got defensive,” said Leonard. “That’s important in terms of personal growth and evolution

For all its forward-thinking companies and liberal social and environmental policies, the state has mostly put higher-value jobs and industries in expensive coastal enclaves, while pushing lower-paid workers and lower-cost housing to inland areas like the Central Valley. This has made California the most expensive state — with a median home value of $550,000, about double that of the nation — and created a growing supply of three-hour “super commuters.” And while it has some of the highest wages in the country, it also has the highest poverty rate based on its cost of living, an average of 18.1 percent from 2016 to 2018. That helps explain why the state has lost more than a million residents to other states since 2006, and why the population growth rate for the year that ended July 1 was the lowest since 1900.“What’s happening in California right now is a warning shot to the rest of the country,”

“It’s a warning about income inequality and suburban sprawl, and how those intersect with quality of life and climate change.” You can see this in California economic forecasts for 2020, which play down the threat of a global trade war and play up the challenge of continuing to add jobs without affordable places for middle- and lower-income workers to live.

As odds of a global recession rise, governments and central banks around the world are racing to fend off the economic damage from the spread of the coronavirus. The toll has already landed hard on jittery financial markets. Stocks continued to sell off on Thursday as the Dow Jones Industrial Average plunged 969 points, or about 3.6%, as investors fled stocks. Companies have shut factories, canceled conferences and drastically scaled back employee travel.

Meanwhile, the U.S. Senate on Thursday gave final passage to a roughly $8 billion spending package to provide medical supplies in hard-hit areas and pay for vaccine research. President Trump has said he will sign the bill. Despite such measures, many economists now say growth is likely to slow considerably this year — if not contract altogether.

Goldman Sachs projected on Sunday that because of the coronavirus, the U.S. economy would grow by an anemic 0.9% during the first three months of 2020 and would flatline during the second quarter.

In recent years, criticism has been levelled at economics for being insular and unconcerned about real-world problems. But a new study led by MIT scholars finds the field increasingly overlaps with the work of other disciplines, and, in a related development, has become more empirical and data-driven, while producing less work of pure theory.

In psychology journals, for instance, citations of economics papers have more than doubled since 2000. Public health papers now cite economics work twice as often as they did 10 years ago, and citations of economics research in fields from operations research to computer science have risen sharply as well.

“If you ask me, economics has never been better,” says Josh Angrist, an MIT economist who led the study. “It’s never been more useful. It’s never been more scientific and more evidence-based.”

The unemployment rate in the United States will peak at 25%, rivaling the worst period of the Great Depression, Goldman Sachs warned on Wednesday.

The unemployment rate spiked to 14.7% in April as the economy lost more than 20 million jobs during the self-imposed shutdown to fight the coronavirus pandemic.

Goldman Sachs previously projected the unemployment rate would peak at 15%. The new forecasts are based on government statistics, the first glimpse of the reopening process and new big data sources, the bank said.

he United States was once the dominant, global leader in science and engineering, but that ranking has dropped as other countries invest in research and development, according to a new report.

The findings were presented this week in the State of US Science and Engineering 2020 report, compiled and published by the National Science Board and the National Science Foundation. The report is published every two years and submitted to Congress."Our latest report shows the continued spread of [science and engineering] capacity across the globe, which is good for humanity because science is not a zero-sum game," said Diane Souvaine, National Science Board chair, in a statement. "However, it also means that where once the US was the uncontested leader in S&E, we now are playing a less-dominant role in many areas."

"Federal support of basic research drives innovation. Only the federal government can make a strategic, long-term commitment to creating new knowledge that [could] to lead to new or improved technologies, goods or services," said Julia Phillips, chair of the National Science Board's science and engineering policy committee. "Basic research is the 'seed corn' of our US S&E enterprise, a global competitive advantage, and the starting point for much of our GDP growth since World War II."

Martin Hairer, an Austrian-British researcher at Imperial College London, is the winner of the 2021 Breakthrough prize for mathematics, an annual $3m (£2.3m) award that has come to rival the Nobels in terms of kudos and prestige.

Hairer landed the prize for his work on stochastic analysis, a field that describes how random effects turn the maths of things like stirring a cup of tea, the growth of a forest fire, or the spread of a water droplet that has fallen on a tissue into a fiendishly complex problem.

His major work, a 180-page treatise that introduced the world to “regularity structures”, so stunned his colleagues that one suggested it must have been transmitted to Hairer by a more intelligent alien civilisation.

The bank experience showed how you could be oppressed by hierarchy, working in an environment where you were neither free nor equal. But this implied that freedom and equality were bound together in some way beyond the basic state of being unenslaved, which was an unorthodox notion. Much social thought is rooted in the idea of a conflict between the two.

If individuals exercise freedoms, conservatives like to say, some inequalities will naturally result. Those on the left basically agree—and thus allow constraints on personal freedom in order to reduce inequality. The philosopher Isaiah Berlin called the opposition between equality and freedom an “intrinsic, irremovable element in human life.” It is our fate as a society, he believed, to haggle toward a balance between them.

What if they weren’t opposed, Anderson wondered, but, like the sugar-phosphate chains in DNA, interlaced in a structure that we might not yet understand?

It may well be the case that some amount of community protection kicks in below 60 percent exposure, and possibly quite a bit below that threshold, and that those who exhibit a cross-reactive T-cell immune response, while still susceptible to infection, may also have some meaningful amount of protection against severe disease.

early returns suggest that while the maximalist interpretation of each hypothesis is not very credible — herd immunity has probably not been reached in many places, and cross-reactive T-cell response almost certainly does not functionally immunize those who have it — more modest interpretations appear quite plausible.

Friston suggested that the truly susceptible portion of the population was certainly not 100 percent, as most modelers and conventional wisdom had it, but a much smaller share — surely below 50 percent, he said, and likely closer to about 20 percent. The analysis was ongoing, he said, but, “I suspect, once this has been done, it will look like the effective non-susceptible portion of the population will be about 80 percent. I think that’s what’s going to happen.”

Facebook is not just any corporation. It reached trillion-dollar status in a single decade by applying the logic of what I call surveillance capitalism — an economic system built on the secret extraction and manipulation of human data

Facebook and other leading surveillance capitalist corporations now control information flows and communication infrastructures across the world.

These infrastructures are critical to the possibility of a democratic society, yet our democracies have allowed these companies to own, operate and mediate our information spaces unconstrained by public law.