Archive for August 19th, 2012

Eight stocks to retire on






The article discusses dividend stocks as an option for retirement investments. Topics include the percent of return on U.S. dividend stocks in 2011 compared to the performance of the Standard & Poor 500 stock index, the benefits of dividend stocks for retirement portfolios, and investment suggestions for dividend-paying stocks such as the fast food restaurant chain McDonald’s Corp., the technology company International Business Machines Corp. (IBM), and the telecommunications company At&T.


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Edging toward disaster

The article looks at the economic situation in Europe as of June 2012 with a focus on the conditions in Greece and Spain. Topics include the bailout of the Spanish bank Bankia, exiting capital due to depositors’ withdrawals from domestic banks to protect their funds if Greece leaves the euro, and the financial situation of the European Central Bank (ECB).

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Ectomycorrhizal fungi and non-agaricoid basidiomycetous macromycetes of the falklands

Fifty-one species of basidiomycetes are recorded from the Southern Atlantic archipelago of the Falkland Islands. Several other fungi are discussed in the light of these findings. Some of these fungi are recorded for the first time from the Falklands and especially from some of the smaller islands of the group adjacent to West and East Falkland. The world distributions of the fungi dealt with in this compilation, particularly in the southern hemisphere, are given where they are known. Comments are made on the possible reasons for the occurrence of the species in the Falklands, especially the ectomycorrhizal taxa.

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Early rice exploitation in the lower yangzi valley: what are we missing?

Recent interpretations of the archaeology of domesticated rice evolution and the development of agriculture in the Lower Yangzi Valley are being informed by new genetic, palaeoenvironmental, archaeological and archaeobotanical data. This paper explores current views on early rice production in the region and attempts to expand the discourse to provoke exploration of new and modified questions. Rice-specific botanical through large-scale ecological issues and causality are examined. This paper argues that understanding rice domestication and production, although important, should not be the exclusive goal of research on early agriculture in the Yangzi Valley. Despite the preliminary nature of the investigations at Kuahuqiao (c. 8000–7000 cal. BP), evidence of resource management, and potential domesticated resources or their ancestors that includes pig (Sus scrofa), peach (Prunus persica), apricot (P. armeniaca), Japanese apricot (P. mume), foxnut (Euryale ferox) and water chestnut (Trapa spp.) underscore the need to broaden the scope of inquiry on early food/resource production. The complexities of the archaeological and environmental record in the Yangzi valley indicate that nuanced, complex explanations for rice domestication and agricultural origins rather than deterministic, single cause explanations are necessary in order to move forward.

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Don’t lose that personal touch

The author comments on managing big companies the same way as a small business enterprises, with a focus on the strategies of the media company Virgin Group. Suggested strategies for startup businesses include building a team environment, remaining focused on the needs of the customer, and delegating tasks to empower employees.

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Does a real devaluation improve the balance of trade? empirics from bangladesh economy

Similar to many other developing countries Bangladesh, which is the country of my concern, has been pursuing an active exchange rate policy basically to maintain a viable external account position, and competitiveness of its products in world market. The purpose of the study is, therefore, to estimate the impact of real devaluation on country’s trade balance. The study constructs nominal and real effective exchange rates which are not readily available for the country. Using multivariate cointegration tests for non-stationary data, the error correction model, and impulse response functions the paper examines the impact of exchange rate policy in both short-and long-run. The estimated results demonstrate that real exchange rate has a significant positive impact on trade balance in the long-run. Thus, currency devaluation has been a significant stimulus for country’s exports growth and improvement in current account position. However, the J-curve hypothesis can be explained as the appropriate phenomenon to improve its trade balance in response to exchange rate devaluation. [ABSTRACT FROM AUTHOR]

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Determinants of bargaining success in the climate change negotiations

A novel data set, combining interview data with negotiation delegates and hand-coded data of delegate statements, was used to empirically test six hypotheses about the determinants of bargaining success in the United Nations Framework Convention on Climate Change (UNFCCC) negotiations. The success of a state’s bargaining strategy was evaluated by first measuring the distance from a state’s original position on eight policy issues (e.g. emissions reduction targets) to the current state of the negotiations. The results were then readjusted using salience weights to control for how important each negotiation issue has been for each delegation. It was found that the external power of a state and how vulnerable a state is to climate change positively influence its bargaining success, while the extremity of a state’s position and its share of emissions appears to negatively influence it. In addition, the use of soft bargaining strategies by a state, which mutually benefits all concerned actors, was found to positively influence success when a negotiation issue was particularly salient to it. Thus, it appears that the influence of powerful nations, such as the US and China, in the climate change negotiations may not be as strong as previously thought.

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Debregeasia australis sp. nov. (urticaceae), with a new synopsis of and a new key to the genus

A new species in the Old World genus Debregeasia (Urticaceae), D. australis Friis, Wilmot-Dear & C.J.Chen, based on material from forest habitats in eastern Queensland, Australia, is described, illustrated and mapped. A new synopsis of the genus and a new key to species recognised is provided as a supplement to the revision of Debregeasia by C. M. Wilmot-Dear in 1988. Debregeasia orientalis, described from China since 1988, is accepted, species from China and Bangladesh (D. elliptica and D. dentata) are reinstated, and other taxonomic changes made since the revision of 1988 are summarised.

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Dark pools: high-speed traders, a.i. bandits, and the threat to the global financial system

A review of the book “Dark Pools: High-Speed Traders, A.I. Bandits, and the Threat to the Global Financial System,” by Scott Patterson is presented.

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Continuity and change in russia’s climate negotiations position and strategy

The positions and strategies of Russia in the international climate negotiations are examined. The shift towards a more integrated negotiation strategy and its use of rhetoric at the Copenhagen meeting reflected both a change in Russia’s domestic elite and its bureaucratic politics, and a desire to appear to be a responsible global power. However, climate change is still an issue of only limited public salience, which allows Russia some leeway in formulating its negotiating positions. Indeed, Russia is still unpredictable in the negotiations and its primary concern remains advancing unconstrained economic growth. Russia’s recent decision to abandon, along with Canada and Japan, the ‘Kyoto-2’ track of negotiations shows that its role in future climate negotiations depends on broadening developing country participation and the positions of the members of the Umbrella Group (most notably, the US) and China. The analysis thus lends support to negotiation theories that emphasize the two-level interplay between international and domestic politics and the relevance of contingent strategies and coalitions in shaping policy options.

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