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Fri, Jul 21, 2017 08:41 AM All times are UTC Edition :

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Andrea Saltelli

Adjunct professor, University of Bergen

Andrea Saltelli has worked on physical chemistry, environmental sciences, applied statistics, impact assessment and science for policy. His main disciplinary focus is on sensitivity analysis of model output, a discipline where statistical tools are used to interpret the output from mathematical or computational models, and on sensitivity auditing, an extension of sensitivity analysis to the entire evidence-generating process in a policy context. At present he is in at the European Centre for Governance in Complexity, a joint undertaking of the Centre for the Study of the Sciences and the Humanities (SVT) - University of Bergen (UIB), and of the Institut de Ciència i Tecnologia Ambientals (ICTA) -Universitat Autonoma de Barcelona (UAB). The ECGC is located in the UAB campus in Barcelona. His latest works include Science on the Verge, a book on the crisis of science, a series of article of criticism of the Ecological Footprint (https://www.growkudos.com/publications/10.1016%252Fj.ecolind.2016.04.014), and a discussion of poor practices in sensitivity analysis (https://www.growkudos.com/publications/10.1016%252Fj.scitotenv.2016.02.133). See www.andreasaltelli.eu for more.

Forcing consensus is bad for science and society

May 12, 2017 10:22 am UTC| Insights & Views Science

The March for Science that took place in cities around the world on April 22 was intended to speak for science, defending evidence-based policies, the strength of peer-reviewed facts and government-funded research. The...

Scientists' march on Washington is a bad idea – here's why

Mar 08, 2017 08:05 am UTC| Insights & Views Politics

The April 22 March for Science, like the Womens March before it, will confront United States President Donald Trump on his home turf this time to challenge his stance on climate change and vaccinations, among other...

To tackle the post-truth world, science must reform itself

Jan 27, 2017 10:51 am UTC| Insights & Views Science

Before Brexit and the US elections, Nature magazine columnist Colin Macilwain set out a challenge: If Donald Trump were to trigger a crisis in Western democracy, scientists would need to look at their part in its...

Economy

Bank Indonesia unlikely to change current monetary policy stance thorough 2017, says ANZ Research

Bank Indonesia (BI) is expected not to change its current monetary policy stance through 2017 and is keen to preserve the on-going stability in the bond and FX markets. The central banks decision to remain on hold in its...

New Zealand bonds close higher on short-covering; RBA June meeting minutes in focus

The New Zealand bonds ended on the upside Friday as investors remain sidelined in any major trading activity due to lack of any economically significant data and tracking some strength in the U.S. Treasuries. Also, markets...

Australian bonds jump tracking firmness in U.S. Treasuries, short-covering

The Australian bonds jumped on the last trading day of the week, tracking similar movement in the U.S. Treasuries and as investors covered previous short positions. The yield on the benchmark 10-year Treasury note,...

UK retail sales beat expectations in June, likely to support Q2 GDP growth

UK retail sales retraced most of Mays decline and rose more than expected in June. According to data released by the Office for National Statistics (ONS) on Thursday, UK retail sales volumes rebounded by 0.6 percent m/m in...

USD/KRW likely to trade in range of 1,120-1,180 during July-September quarter, says Scotiabank

The KRW has rallied more than 3 percent since early July, largely due to a broadly weakening dollar and alleviated geopolitical situation on the Peninsula. USD/KRW is now approaching a critical support, suggesting limited...

Politics

Modi's polarising populism makes a fiction of a secular, democratic India

After Donald Trump was sworn in as US president, The Times of India published a piece titled Why both Modi and Trump are textbook populists. Citing Jan-Werner Mllers What is Populism?, the journalist, Amit Varma, was...

Politicians jeopardise the safety of whistleblowers with bad technology

The Western Australian Liberal Party has created a website, www.wawhistleblowers.com, encouraging whistleblowers to report on WA public officers, government ministers and members of parliament. The site has already been...

Malawi set out to give students skills to support democracy. But it's not been easy

Like many other countries, Malawi was caught in the wave of democratic change that swept sub-Saharan Africa in the early 1990s. The wave was triggered by the fall of communism along with military and civilian dictatorships...

US under Trump Series: Donald Trump Jr. may be called to testify before Senate over his meeting with Russian lawyer

President Trump eldest son Donald Trump Jr. might be called upon by the Senate Intelligence Committee to question about a meeting that took place in June 2016 at the Trump Tower between Trump Jr., President Trumps...

Angela Merkel's G20 challenge

The timing of the G20 summit in Hamburg could hardly be more significant for the German chancellor, Angela Merkel. The worlds leading forum for international cooperation on world economic growth, international trade and...

Science

Scientists Create Super Spinach That Can Function As Bomb Detector

For the most part, the leafy green spinach has only ever been super in the animated classic Popeye the Sailor Man when the quirky main character would down a whole can of the leaves to gain strength. Recently, scientists...

The Most Advanced Artificial Heart Can Perform As Well As A Real One

Scientists have been trying to create artificial versions of human organs for decades, be it the liver, skin, eyes, and above all, the heart. These efforts are aimed at solving one of the biggest challenges in the medical...

93% Of Patients Prefer Medical Marijuana To Opioids, Study Says

For years, medical marijuana was the only means of people to legally acquire a batch of cannabinoids. It was used by folks who suffered from actual medical problems and those who just preferred to get high alike. In a...

Google Subsidiary Wants To Eliminate Zika Virus By Releasing 20 Million Mosquitos

Fighting fire with fire is a phrase that many have used over the years to indicate the intent to answer aggression with the same. A Google subsidiary called Verily is taking the concept a step further with its goal of...

We worked out what it would take to wipe out all life on a planet – it's good news for alien hunters

The first exoplanet was spotted in 1988. Since then more than 3,000 planets have been found outside our solar system, and its thought that around 20% of Sun-like stars have an Earth-like planet in their habitable zones. We...

Technology

Solar-Powered Trains Come To India, Largest Rail Network In Asia

India and trains go hand in hand, the same way the country and heat are inseparable concepts. Why not combine all of these things then? Thats exactly what has happened, with Indian Railways turning up the heat in their...

Terry Crews Speaks Out On Not Voicing Doomfist, Better This Way

Ever since fans have noticed the presence of Doomfist on official Overwatch videos, they have been clamoring for actor Terry Crews to voice the character. As players recently found out, however, this did not end up...

Ubisoft Is Running Out Of Ideas, Next DLC Could Be Like PUBG

PlayerUnknowns Battlegrounds is by no means the progenitor when it comes to massive, multiplayer online games built around a third-person shooter setup. However, by elegantly combining all of these aspects and creating a...

Doom 6.66 Update Makes All DLCs Free, Main Game Is Free For The Weekend

As one of Bethesdas premier titles on the market, Doom has garnered plenty of praise and fervent admiration from the gaming community already. With the release of the 6.66 update, the title has just upped the ante by...

Crash Bandicoot: N.Sane Trilogy Devs Admit Remaster Is Harder Than The Original

Anyone who played the Crash Bandicoot series on the original PlayStation will likely remember how difficult the games were with fondness. When the remastered versions of the series came out, players were reminded of just...

Digital Currency

Digital Currency and Blockchain Weekly Round-up – July 21st, 2017

Bitcoin price skyrockets as BIP 91 locks-in

Exchange Union garners support from Asian cryptocurrency exchanges

Law

We need more than just laws to ensure responsible alcohol service

Australia's planned decryption law would weaken cybersecurity

We're close to banning nuclear weapons - killer robots must be next

Life

Hinduism and its complicated history with cows (and people who eat them)

How loneliness in older people makes them more vulnerable to financial scammers

Eight things that have changed since the smoking ban ten years ago

Nature

Rising sea temperatures will hit fisheries and communities in poor countries the hardest

Africa’s tropical forests could be next in line as global food demand grows

How we discovered that brain connections shape memories

Sports

Channel 4 has a real opportunity to up the profile of women's football in its UEFA coverage

Will F1 bosses step in to save the British Grand Prix?

Is it OK to run in heat of 30℃ or more?

Technical Analysis

FxWirePro: Chinese yuan trades marginally lower, PBOC sets yuan mid-point at 6.7415

FxWirePro: USD/CHF breaks major support at 0.9520, decline till 0.9440 likely

FxWirePro: AUD/NZD dips back into daily cloud, weakness to extend on break below 1.0610 (200-DMA)

ET PRO
Market Data

Market-moving news and views, 24 hours a day >

RESERVE BANK OF INDIA: SETS CUT-OFF PRICE FOR 6.84 PCT 2022 BOND AT 101.48 RUPEES, YIELD AT 6.5088 PCT; FULLY SOLD

RESERVE BANK OF INDIA: SETS CUT-OFF PRICE FOR 6.79 PCT 2029 BOND AT 100.59 RUPEES, YIELD AT 6.7183 PCT; FULLY SOLD

RESERVE BANK OF INDIA: SETS CUT-OFF PRICE FOR 6.57 PCT 2033 BOND AT 97.55 RUPEES, YIELD AT 6.8197 PCT; FULLY SOLD

UK JUNE PUBLIC SECTOR NET DEBT EX BANKS, EX-BOE, 1.624 TRLN STG, EQUIVALENT TO 80.9 PCT OF GDP

UK CUMULATIVE APRIL-JUNE PUBLIC SECTOR NET BORROWING EX BANKS 22.8 BLN STG VS 21.0 BLN STG IN SAME PERIOD OF 2016, UP 8.9 PCT YY

UNITED KINGDOM JUN PSNCR, MM GBP INCREASE TO 18.283 BLN GBP VS PREV 13.438 BLN GBP (REVISED FROM 13.400 BLN GBP)

UNITED KINGDOM JUN PSNB, MM GBP DECREASE TO 6.278 BLN GBP VS PREV 6.388 BLN GBP (REVISED FROM 5.993 BLN GBP)

UNITED KINGDOM JUN PSNB EX BANKS GBP DECREASE TO 6.854 BLN GBP (FCAST 4.800 BLN GBP) VS PREV 6.964 BLN GBP (REVISED FROM 6.713 BLN GBP)

UNITED KINGDOM JUN PSNCR, MM GBP INCREASE TO 18.283 BLN GBP VS PREV 13.400 BLN GBP

UNITED KINGDOM JUN PSNB, MM GBP INCREASE TO 6.278 BLN GBP VS PREV 5.993 BLN GBP

UNITED KINGDOM JUN PSNB EX BANKS GBP INCREASE TO 6.854 BLN GBP (FCAST 4.800 BLN GBP) VS PREV 6.713 BLN GBP

HK’S HANG SENG INDEX CLOSES DOWN 0.1 PCT AT 26,706.09 POINTS

SPAIN TRADE DEFICIT UP 50.7 PCT TO MAY Y/Y - ECON MINISTRY

GREEK MAY TOURISM RECEIPTS RISE TO 1.094 BLN EUR FROM 1.075 BLN EUR IN SAME MONTH LAST YEAR- CENBANK

GREEK MAY CURRENT ACCOUNT BALANCE -0.582 BLN EUR FROM -0.457 BLN EUR IN SAME MONTH LAST YEAR- CEN BANK

TURKISH ECONOMY MINISTER SAYS JULY EXPORTS SEEN UP 20 PCT, FULL-YEAR EXPORT GROWTH MAY EXCEED 10 PCT

TURKISH ECONOMY MINISTER: DO NOT SEE NEGATIVE IMPACT ON PROCESS TO UPDATE CUSTOMS UNION WITH EU

TURKEY ECONOMY MINISTER SAYS GERMAN WARNING AGAINST ITS CITIZENS VISITING TURKEY UNFORTUNATE, DOES NOT SEE HARM TO TOURISM

TURKEY ECONOMY MINISTER SAYS UNTRUE THAT TURKEY GAVE GERMANY A LIST OF GERMAN COMPANIES LINKED TO CLERIC ACCUSED OVER FAILED COUP

TURKISH ECONOMY MINISTER: 100 PCT OF GERMAN INVESTMENTS IN TURKEY GUARANTEED BY TURKISH GOVERNMENT, LAWS

Most Popular

FxWirePro: GBP/USD Trade Idea

FxWirePro: GBP/USD breaks psychological support at 1.3000, dip till 1.2860 likely

FxWirePro: USD/CAD neutral in the near-term, scope for downward resumption

Why the US's 1994 deal with North Korea failed – and what Trump can learn from it

Europe Roundup: Sterling hits 1-week low despite better-than-expected retail sales figures, euro eases ahead of ECB policy meeting, European shares rally - Thursday, July 20th, 2017

FxWirePro: NZD/USD upside shows signs of exhaustion, bearish divergence adds downside bias

FxWirePro: Construct EUR/AUD “Long Call Ladder Spreads” to synthesize both IV skews and intermediate trend sentiments

FxWirePro: EUR/USD intraday upside momentum strong after ECB policy decision

Global Geo-political Series: German-Turkey relation deteriorates as Berlin brands travel to Turkey as unsafe

FxWirePro: 'Bearish Doji Star' formation on AUD/CAD raises scope for downside, good to go short on break below 0.9915 (20-DMA)

Economics Monitor

July 21 08:30 UTC Released

GBPSNCR, MM GBP

Actual

18.283 bln GBP

Forecast

13.400 bln GBP

July 21 08:30 UTC Released

GBPSNB, MM GBP

Actual

6.278 bln GBP

Forecast

5.993 bln GBP

July 21 11:30 UTC 169169m

INBank Loan Growth*

Actual

Forecast

6.00 %

July 21 11:30 UTC 169169m

INBank Loan Growth*

Actual

Forecast

6.00 %

July 21 11:30 UTC 169169m

INDeposit Growth*

Actual

Forecast

11.10 %

July 21 11:30 UTC 169169m

INFX Reserves, USD*

Actual

Forecast

386.380 bln $

July 21 12:30 UTC 229229m

CACPI Median

Actual

Forecast

0.2 %

0.8 %

July 21 12:30 UTC 229229m

MXJobless Rate

Actual

Forecast

0.0 %

1.5 %

July 21 12:30 UTC 229229m

CACPI Inflation MM

Actual

Forecast

-0.1 %

0.1 %

July 21 12:30 UTC 229229m

CACPI Inflation YY

Actual

Forecast

1.0 %

1.3 %

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

Andrea Saltelli

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