Wednesday, 27 August 2014

El Niño development remains possible and other news and views for Wednesday 27 August

27-08-2014 elninowatch
  • Little change in the tropical Pacific Ocean – “Despite tropical Pacific Ocean temperatures remaining at neutral levels, models suggest El Niño development remains possible during the coming months.”
  • Regulation gets real for virtual currencies – “Both the EU and New York are looking to bring digital currencies under a full regulatory regime, but their approaches are rather different.” (The Banker – registration required)
  • France and the shadow of the euro – “The fear stalking the eurozone is of a jobless recovery; years of stagnation which will test social cohesion. What the French crisis has underlined is that the eurozone, despite all the claims of recovery, still has the potential to trouble governments, banks and the wider European economy.”
  • A New Reason to Question the Official Unemployment Rate - “Americans are less willing to respond to surveys than they used to be. A new academic paper suggests that the unemployment rate appears to have become less accurate over the last two decades, in part because of this rise in nonresponse.”
  • Could The U.S. Fix Taxation of Multinational Corporations With A Sales-Based Formula?
  • News on social media suffers a ‘spiral of silence’: Pew study – “If social media users think their followers don’t share their opinion on the news, they are less likely to post those views on Facebook and Twitter, according to a new Pew Research Center report. … The authors connect these findings to the ‘spiral of silence,’ a phenomenon where people who think they hold a minority opinion don’t speak up for fear of social exclusion. “One of the possible theories [for this study] is that when people see diversity in opinion, they don’t want to challenge other people, or upset them, or risk losing a friendship,” said Keith Hampton of Rutgers University, one of the study’s authors, in a telephone interview. For the authors, the study implies that the long-documented suppression of minority opinion exists online just as in real life.”
  • We’re Living in a Golden Age of Investigative Journalism – “Newspapers in America may be closing up shop, but muckrakers around the world are holding corrupt officials and corporate cronies accountable like never before.”
27-08-2014 marriage
  • Couples who smoke marijuana are less likely to engage in domestic violence – “A new study by researchers at the University of Buffalo finds a significantly lower incidence of domestic violence among married couples who smoke pot. “Couples in which both spouses used marijuana frequently reported the least frequent IPV [intimate partner violence] perpetration,” the study concludes.”
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