Nobody Builds Reactors For Fun Anymore - Peak Oil Nobody Builds Reactors For Fun Anymore - Slashdot 12/8/2013 - 3:32 pm | View Link
Best books: 2013 offered a great ride for readers - STLtoday.com ... is the centerpiece of this classic Gothic tale ... of people bioengineered not to make war or waste. ... “A Jew Among Romans: The Life and ... 12/7/2013 - 7:06 am | View Link
New biography claims Maureen O’Hara was bullied and beaten by second husband A new book on Hollywood legend Maureen O’Hara claims the Irish actress lived a double life as she tried to protect her ‘bully of a husband’ Will Price. 11/24/2013 - 7:41 am | View Link
The £1 wedding: Thrifty bride and groom prove the Big Day needn't cost a fortune A pair of newlyweds say they have proved how easy it is to get married on a budget – by celebrating their nuptials for £1. Georgina Porteous and Sid ... a tiny fraction of the average £20,000 cost of a wedding in the UK. 09/3/2013 - 1:51 pm | View Link
Govt pays a fortune for its defence in SC ISLAMABAD - Minister for Law, Justice and Parliamentary Affairs Farooq H Naek on Thursday made a startling revelation before the National Assembly that the Pakistan People’s Party (PPP)-led government had paid Rs 54.635 million to leading lawyers during ... 11/15/2012 - 11:46 am | View Link
Editorial: Bill Cummings plan to will entire fortune to charity raises bar for Boston philanthropy Such generosity, especially when it is targeted toward specific causes, helps answer a question that nags at the wealthy, which is: What will my legacy be when I’m gone? Eugene Lang answered that question a few decades ago when he returned to P.S. 121 in ... 06/17/2012 - 8:52 pm | View Link
Mistrust spells ill-fortune for Sino-US ties The US "return to Asia" has sparked concerns in China. Combined with central leadership changes in China and elections in the US this year, will this be a tough year for Sino-US relations? What are the biggest obstacles involved? The Global Times (GT ... 02/11/2012 - 11:00 am | View Link
Osho, on Lofty ambitions... and personal ruin, from Fame, Fortune and Ambition “All so-called great thinkers and philosophers and theologians are stargazers. they don’t see that which is close; their eyes are fixed far away on an imaginary God, a paradise beyond death. I don’t care at all about your gods, and I don’t care at ... 01/5/2012 - 6:49 pm | View Link
A law under consideration in South Korea's parliament has sparked vociferous debate by grouping popular online games such as "StarCraft" with gambling, drugs and alcohol as an anti-social addiction the government should do more to stamp out.
The legislation includes provisions to limit advertising while a separate bill would take 1 percent of the gaming industry's revenue to create a fund to curb addiction.
Internet entrepreneurs are prized as a source of innovation in an economy dominated by gray conglomerates, but conservative lawmakers and many parents say online obsessions are taking a growing toll on schooling, families and workplaces.
Professional gamers in South Korea can gain wealth and status akin to sports stars but as a pastime it is framed by its critics as threat to family and the social order.
Headline grabbing incidents such as the starvation death of the infant daughter of online gamers have fueled a moral panic.
Nourished by South Korea's rapid adoption of broadband Internet and the ubiquity of cyber cafes, online gaming has become a significant export industry.
The rule that U. S. regulators approved Tuesday, after years of wrestling over its language, is designed to defuse the kind of risk-taking on Wall Street that helped trigger the 2008 financial crisis.
The Volcker Rule will affect how big banks do business — and the danger that their trading bets could implode at taxpayers' expense.
The Volcker Rule is a key plank of a financial regulation law enacted in 2010 to try to reduce the likelihood of another crisis and a resulting government bailout.
The rule left to regulators the burden of finalizing the fine print.
Besides curbing proprietary trading, the Volcker Rule limits banks' investments in hedge funds and private equity funds, which are high-risk, lightly regulated investment pools.
The rule is named for Paul Volcker, a former Federal Reserve chairman who was an adviser to President Barack Obama during the financial crisis.
Volcker urged a ban on high-risk trading by big banks to diminish the likelihood that taxpayers might have to rescue them, as they did after the financial crisis.
When big banks engage in market making, they use their own money to take the opposite side of a customer's trade:
Why does the Volcker Rule matter?
Because of the widely agreed-upon need to reduce the dangers that remain in the banking system.
Proprietary trading has allowed big banks to tap depositors' money in federally insured bank accounts — essentially borrowing against that money and using it for investments, such as in mortgage-backed securities.
Derivatives are investments based on the value of an underlying commodity or security, such as oil, mortgages, interest rates or currencies.
In what is being heralded as a landmark handshake, onetime rivals Mukesh Ambani, India’s richest person and billionaire Sunil Mittal, whose is the country’s most valuable telecom firm, have agreed to share telecom infrastructure including optic fibre networks, submarine cable networks, towers and internet broadband services.