lorrie getty

Friday, June 1, 2012

EPA raises water concerns in permitting for portion of Keystone pipeline near Texas coast

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REWIND: International Business News #26

The European Union?s executive branch has recommended that the 17 countries which use the Euro currency establish a bank union.? The recommendation to unify Europe?s banking system comes at a time where the Euro?s value has declined and borrowing costs have increased.? Such a recommendation has been met by opposition from the countries with the strongest economies such as Germany and the Netherlands, as these countries do not want to be more responsible for the financial troubles of the weaker members of the EU such as Spain and Greece.?? Moreover, any move towards a bank union would require time and changes to the laws of the EU as well as the national laws of the countries which are members of the EU.
Japan is in the midst of a merger and acquisition boom in overseas foreign investment.? Bolstered by a strong Yen, Japanese companies have found themselves cash rich. So far this year it is estimated that Japanese companies have invested more than $34 billion in foreign investments.? As a result, Japan appears to be on pace to meet last year?s record which placed Japan as number 3 in global deal rankings.? Unlike the deal making of the 1980s and 1990s, Japanese companies are bargaining harder and making decisions faster which has contributed to this acquisition drive.
Spain?s stock market, amid concerns surrounding the strength of Spain?s financial institutions, fell to nine year lows.??Spain?s IBEX 35 declined 2.6%, its lowest drop since April 1, 2003.? Additionally, shares of troubled lender, Bankia, slid an additional 8.6%.? The declines came as the European Central Bank (?ECB?) refused to allow Spain to use the ECB?s lending facilities to further fund the bailout of Bankia.?? Consequently, Spain announced that it would attempt to bail out Bankia through the sales of government bonds.? The failed bailout of Bankia is fueling concerns relating to Spain?s creditworthiness and further eroding confidence in the country?s banking system.
In the aftermath of the Arab Spring, private equity investors have played an instrumental role in the economic reconstruction of countries within the Middle East and North Africa. The economies of countries, such as Egypt, Tunisia, and Algeria, have faced economic challenges as these countries continue to transition to new governments.? Private equity funds have partnered with these governments to help rebuild the economies of these countries.? Private equity investors have concentrated their investments on small and medium-cap ventures which have helped generate job growth.
Irish voters today were asked to vote on an EU treaty designed to bring financial stability to Ireland?s troubled economy.??Ireland?s government is asking voters to vote in favor of the Fiscal Stability Treaty which would impose tight austerity controls on the country?s national debt. Those who are against the treaty find that additional austerity measures would lead to more years of hardship and insist that Ireland instead needs policies which grow the economy.?? In 2007, Ireland?s economy was growing and the unemployment rate was about 4.5%.? As a result of the property bubble bursting, the country?s banks were bailed out by its government causing the country to go deep into debt. Today, the country?s unemployment rate has tripled to 14.3%.

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Banjo For iOS Becomes More Photo-Friendly Thanks To Update

Banjo, the slightly creepy social discovery app that shows you who's doing what nearby, has been updated today with a handful of new tweaks for its iOS version. Sorry Android folks -- you'll have to sit this one out for the time being. Here's a quick recap if you've never messed with Banjo before. Banjo pulls in geo-tagged pictures and updates from all of the major social platforms (think Facebook, Twitter, Instagram, Foursquare and the like), and splays them all onto a map (or into a list) so users can see what's going on around them.

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Baby totes of the future are sling-stroller hybrids

10 hrs.

John Roach

Toting infants and toddlers can be a hassle, especially when navigating stairs and crumbling sidewalks with the kangaroo-pouch-on-wheels known as the stroller.?

Thankfully, some parents of today and tomorrow who are taking classes between diaper changes and temper tantrums have come up with a solution: a sling-stroller hybrid that makes getting around a snap.

Together, a group of students from?MIT and the Rhode Island School of Design developed a?system that?is more sling than stroller. It looks similar to other infant carriers such as the Baby Bjorn and Ergobaby that parents wear on their chests, though with the ability to shift the precious package to one hip or the other while the free hand hoists the stroller for a jaunt up stairs or a across a busy street.

But, unlike other slings, the BuzzyBaby comes with a harness system that buckles onto the stroller to safely roll along the kiddo, giving the totee?s back and arms a rest until the next flight of stairs.

?The harness acts much like a universal remote control, providing one device to connect several,? notes The Boston Globe.?

The team came up with the idea after watching video tape of one of their members, Kin Lo, a fellow at the MIT?s Sloan School of Management, trying to navigate the stairs of a New York City subway with a stroller.?

According to market research performed by the?team, which included additional members from MIT and the Rhode Island School of Design, 77 percent of 400 mothers surveyed would find the system useful.

Apparently, this feedback is encouraging enough to turn the idea dreamed up in class into a business. The team plans to start selling their BuzzyBaby contraption in spring 2013.

--Via Atlantic Wire and The Boston Globe

John Roach is a contributing writer for msnbc.com. To learn more about him, check out his website and follow him on Twitter. For more of our Future of Technology series, watch the featured video below.

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FDA rejects new name for high fructose corn syrup

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This Is How Big the Internet Is [Internet]

Click here to read This Is How Big the Internet Is

The internet is a big and amorphous thing to talk about. What's it made of? Web pages? Articles? Facebook? Stuff you can blow up? How about just how much people actually use it. According to Cisco, we chewed through 30.7 exabytes per month last year. That's the equivalent of about 6 billion 5GB HD movies. More »

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Tiny genetic variations led to big changes in the evolving human brain

ScienceDaily (May 30, 2012) ? Changes to just three genetic letters among billions contributed to the evolution and development of the mammalian motor sensory circuits and laid the groundwork for the defining characteristics of the human brain, Yale University researchers report.

In a study published in the May 31 issue of the journal Nature, Yale researchers found that a small, simple change in the mammalian genome was critical to the evolution of the corticospinal neural circuits. This circuitry directly connects the cerebral cortex, the conscious part of the human brain, with the brainstem and the spinal cord to make possible the fine, skilled movements necessary for functions such as tool use and speech. The evolutionary mechanisms that drive the formation of the corticospinal circuit, which is a mammalian-specific advance, had remained largely mysterious.

"What we found is a small genetic element that is part of the gene regulatory network directing neurons in the cerebral cortex to form the motor sensory circuits," said Nenad Sestan, professor of neurobiology, researcher for the Kavli Institute for Neuroscience, and senior author of the paper.

Most mammalian genomes contain approximately 22,000 protein-encoding genes. The critical drivers of evolution and development, however, are thought to reside in the non-coding portions of the genome that regulate when and where genes are active. These so-called cis-regulatory elements control the activation of genes that carry out the formation of basic body plans in all organisms.

Sungbo Shim, the first author, and other members of Sestan's lab identified one such regulatory DNA region they named E4, which specifically drives the development of the corticospinal system by controlling the dynamic activity of a gene called Fezf2 -- which, in turn, directs the formation of the corticospinal circuits. E4 is conserved in all mammals but divergent in other craniates, suggesting that it is important to both the emergence and survival of mammalian species. The species differences within E4 are tiny, but crucially drive the regulation of E4 activity by a group of regulatory proteins, or transcription factors, that include SOX4, SOX11, and SOX5. In cooperation, they control the dynamic activation and repression of E4 to shape the development of the corticospinal circuits in the developing embryo.

Other Yale-affiliated authors of the paper are Kenneth Y. Kwan and Mingfeng Li.

Primary funding for the research came from the National Institutes of Health and March of Dimes.

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The above story is reprinted from materials provided by Yale University. The original article was written by Bill Hathaway.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.

Journal Reference:

Sungbo Shim, Kenneth Y. Kwan, Mingfeng Li, Veronique Lefebvre, Nenad ?estan. Cis-regulatory control of corticospinal system development and evolution. Nature, 2012; DOI: 10.1038/nature11094

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

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