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Tue, Aug 22, 2017 05:28 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

JGBs narrowly mixed ahead of July consumer price inflation

The Japanese government bonds remained narrowly mixed Tuesday, as investors wait to watch the countrys consumer price inflation for the month of July, scheduled to be released on August 24. The yield on the benchmark...

Australian bonds trade nearly flat as markets await Jackson Hole Symposium

The Australian bonds traded nearly flat Tuesday as investors await cues from the Federal Reserves Jackson Hole Economic Policy Symposium scheduled for this Friday in Wyoming. The yield on the benchmark 10-year Treasury...

FxWirePro: The Day Ahead- 22nd August 2017

Few economic data and events scheduled for today and all with low to medium volatility risks associated. Upcoming: Switzerland: July trade balance report will be released at 6:00 GMT. United Kingdom: Public...

Taiwanese government upgrades economic growth projection for 2017 to 2.05 pct

The Taiwanese government upgraded this years projection from 2.05 percent to 2.11 percent during the review last week. The government published its projection for next year for the first time. The economy is likely to grow...

Poland’s industrial output, wages weaken in July, monetary policy likely to stay easy for longer period

The Polish zloty had briefly gained following last weeks solid second quarter economic growth print. However, many unsupportive developments followed rapidly, putting an end to the zlotys rally. Polish industrial...

Politics

Why the withering nuclear power industry threatens US national security

These are tough times for nuclear power in the U.S. Power plants under construction are facing serious delays, halts and cost overruns. Utilities in South Carolina abandoned a project to complete construction of two power...

Zuma won, but the ANC will never be a united party again

To say there is victory in defeat sounds like a contradiction in terms. But, this is exactly what happened when South Africas opposition parties failed to remove President Jacob Zuma through a motion of no...

Donald Trump, loyalty and the 'emotional regime' in the White House

Donald Trump demands loyalty from those working close to him. According to former FBI director James Comey, the president told him at a private meeting: I need loyalty, I expect loyalty. Comeys response? I...

Why governmental transparency will not work without strong leadership

Walter Shaub, the former director of the U.S. Office of Government Ethics, has warned that President Donald Trumps conflicts of interest could put America at the risk of becoming a kleptocracy: that is, a country led by...

Democracy is on the brink in Hungary, so why is no one talking about it?

When Jean-Claude Juncker, president of the European Commission met Hungarian Prime Minister Viktor Orbán in Riga in May 2015, he greeted him by saying hello dictator. Junckers words were perhaps an ironic...

Science

Scientists Advance 3D-Printed Living Tissue, Artificial Organ Creation

When most people think of 3D-printing, they imagine plastic or metal objects such as furniture or machine parts. However, scientists have been working on printing living tissue as well, which would allow scientists to...

Eclipse of reason: Why do people disbelieve scientists?

If youve been paying attention, you know that on Aug. 21, were in for a special cosmic treat: the Great American Eclipse of 2017. The moons shadow will track a 4,000-kilometre course across the continental United States...

Hackers Spread Malware Via DNA, Could Destroy Police Computer Networks

Scientists and engineers have been pushing the digital frontier for decades and they have just pushed the boundaries towards new territory. Encoding a malware in DNA, scientists were able to infect computers that tried to...

Scientists Discover New Type Of Brain Cells That Could Lead To Hyperintelligence

While tech revolutionaries like Elon Musk prefer to merge man with machine in order to make humans smarter, stronger, and better, others prefer a more biological approach. A team of scientists recently discovered new types...

Expert Warns Of CRISPR Causing Class Warfare

Humanity is living in an interesting age, where scientists can finally start manipulating the human genome in ways that were not possible before due to CRISPR. Many have even hypothesized that through these amazing...

Technology

OurMine Strikes Again, Self-Proclaimed Security Group Hacks PlayStation Social Media Accounts

Its been a while since the notorious hacker group OurMine has made the news, which either means that the members have become less active or tech firms have finally become more vigilant. Unfortunately, the self-proclaimed...

New Mercedes-Benz Maybach Convertible Is An Electric Car Enthusiast’s Dream

Anyone who has been following the development of the electric car for decades will remember a time when analysts and so-called experts said that such vehicles would never be sexy enough for the masses. Then Tesla came...

Friday The 13th Update Details, New Maps And $4 Swimsuit Pack

Regardless of its numerous technical and graphical issues, Friday the 13th is shaping up to be one of the hottest multiplayer online games right now. With the upcoming update for the game, players have plenty to look...

Switch Customer Gets Developer Version Of Console, Returns It Despite Huge Profit Potential

While a lot of potential customers of the hot item Nintendo Switch have yet to get their hands on the console, there are those who did manage to order one and received the wrong item. In the case of one customer, the...

New Monster Hunter World Trailer Reveals New Area Called ‘Wildspire Waste’

The upcoming Monster Hunter World game is a highly anticipated return of the franchise to the PlayStation. Sure, its also going to the Xbox One, but thats just details now. The point is that there are many fans of the...

Digital Currency

Australian Senators form ‘Parliamentary Friends of Blockchain’ group

BTCS inks Letter of Intent to merge with Blockchain Global

FxWirePro: ETH/USD breaches trend line resistance, bias higher, good to go long on dips

Law

Legal weed: An accidental solution to the opioid crisis?

US Lawmakers Resist FCC’s Attempt To Dismantle Net Neutrality, Congressional Hearing Scheduled

The grand jury's role in American criminal justice, explained

Life

This is why apartment living is different for the poor

Public v private art collections: who controls our cultural heritage?

Why it costs you so much to see a specialist – and what the government should do about it

Nature

Cities need more than air conditioning to get through heat waves

Trying to keep nature the same is a fool's errand – we should embrace change

Rising carbon dioxide is making the world's plants more water-wise

Sports

The English Premier League is experiencing a textbook case of hyperinflation

Nicotine in sports: high use but little evidence of effects on performance

Cricket pay saga a case study in how not to resolve industrial disputes in sport

Technical Analysis

FxWirePro: AUD/USD closes above 20-DMA, bias higher, stay long

FxWirePro: USD/TWD exhibits range bound movement, stay bearish only below 30.20

FxWirePro: Sell Nikkei on rallies

ET PRO
Market Data

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

U.S. 10-YEAR TREASURY YIELD AT 2.192 PCT VS U.S. CLOSE OF 2.180 PCT ON MONDAY

DUTCH AUG CONSUMER CONFIDENCE +26 PTS AFTER +25 PTS IN JULY - CBS

DUTCH JUNE CONSUMER SPENDING +2.2 PCT Y/Y AFTER REVISED +2.5 PCT IN MAY - CBS

NORWAY'S QUARTERLY CONSUMER CONFIDENCE AT 16.2 POINTS IN Q3 VS REVISED 12.6 IN Q2 -FNO

JAPAN 20-YEAR JGB AUCTION BID-TO-COVER RATIO 4.51

JAPAN 20-YEAR JGB AUCTION LOWEST PRICE 100.8500, AVERAGE PRICE 100.8800, BIDS ACCEPTED AT LOWEST PRICE 63.1797 PCT

INDIA CENBANK SAYS BANKS' CASH BALANCES 4.57 TRLN RUPEES ON AUG 17

INDIA GOVT SURPLUS CASH BALANCE WITH RBI FOR AUCTION WAS 25.80 BLN RUPEES AS ON AUG 21 – CENBANK

INDIA CENBANK SAYS AUG 21 REFINANCE 18.08 BLN RUPEES

INDIAN BANKS BORROWED 9.00 BLN RUPEES VIA MARGINAL STANDING FACILITY ON AUG 21 – RBI

RBI SAYS ACCEPTS ALL 31 BIDS FOR 45.98 BLN RUPEES AT MONDAY'S 1-DAY REVERSE REPO AUCTION

PHILIPPINES' FINANCE SECRETARY SAYS PROBABLE GLOBAL BONDS ISSUE NEXT YEAR, BUT SIZE NOT SIGNIFICANT

PHILIPPINES' FINANCE SECRETARY SAYS MAY ISSUE PANDA BONDS AROUND OCTOBER OR NOVEMBER

THAI 30 BLN BAHT, 182-DAY CENTRAL BANK BOND AVG ACCEPTED YIELD 1.43655 PCT

THAI 30 BLN BAHT, 91-DAY CENTRAL BANK BOND AVG ACCEPTED YIELD 1.22190 PCT

BOJ offers to lend Y 4.385 trln of JGBs on spot basis through 8/23 as a secondary source of JGBs (Offer in the morning)

NICHOLSON SAYS NEW U.S. STRATEGY MEANS THE TALIBAN CANNOT WIN MILITARILY, "NOW IS THE TIME TO RENOUNCE VIOLENCE AND RECONCILE"

COMMANDER OF U.S.-LED FORCES IN AFGHANISTAN NICHOLSON SAYS FUTURE PRESENCE OF UNITED STATES WILL BE BASED ON CONDITIONS AND NOT ARBITRARY TIMELINES

BOJ offers dollar supply operation for 8/24 - 8/31 (EST)

TRUMP SAYS U.S. WILL FURTHER DEVELOP STRATEGIC PARTNERSHIP WITH INDIA; U.S. WANTS INDIA TO HELP MORE WITH AFGHANISTAN IN AREAS OF ECONOMIC ASSISTANCE ANDDEVELOPMENT

FxWirePro: Gold forms shooting star in daily chart, good to sell on rallies

Global Geo-political Series: EU chief calls for end of reliance on US military support

FxWirePro: Brent-WTI spread highest in 18 months

FxWirePro: EUR/CAD minor trend forms triple top pattern, intermediate trend slides through sloping channel – Bid boundary binaries for assured yields

FxWirePro: Indian rupee rises gradually against U.S. dollar, faces strong support at 64.00 mark

FxWirePro: USD/CNY hovers around 6.6700 mark, PBOC sets yuan mid-point at 6.6709

FxWirePro: EUR/JPY breaks below 50-DMA at 128.32, good to go short on rallies

FxWirePro: GBP/USD Daily Outlook

FxWirePro: USD/JPY outlook weaker on renewed downside pressure

Economics Monitor

August 21 14:30 UTC Released

TRCentral Govt Debt Stock*

Actual

817.1 Bln TRY

Forecast

811.8 Bln TRY

August 21 12:30 UTC Released

CAWholesale Trade MM

Actual

-0.5 %

Forecast

-0.2 %

0.9 %

August 22 08:30 UTC 182182m

GBPSNCR, MM GBP

Actual

Forecast

18.283 bln GBP

August 22 08:30 UTC 182182m

GBPSNB Ex Banks GBP

Actual

Forecast

0.950 bln GBP

6.854 bln GBP

August 22 08:30 UTC 182182m

GBPSNB, MM GBP

Actual

Forecast

-0.2 bln GBP

6.278 bln GBP

August 22 09:00 UTC 212212m

DEZEW Current Conditions*

Actual

Forecast

85.5 Bln TRY

86.4 Bln TRY

August 22 09:00 UTC 212212m

DEZEW Economic Sentiment*

Actual

Forecast

15.0 %

17.5 %

August 22 10:00 UTC 272272m

GBCBI Trends - Orders

Actual

Forecast

9 Bln BRL

10 Bln BRL

August 22 12:30 UTC 422422m

CARetail Sales MM

Actual

Forecast

0.3 %

0.6 %

August 22 12:30 UTC 422422m

CARetail Sales Ex-Autos MM

Actual

Forecast

0.0 %

-0.1 %

EconoTimes

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Andrea Saltelli

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