moneyscience: Marginal Revolution (@TylerCowen):- Assorted links http:/
moneyscience: The Big Picture (@Ritholtz):- 10 Mid-Week Reads http:/
moneyscience: An elegant, 1-page solution to the so-called “fixed point” theorem opens up new perspectives in physics and economics http:/
moneyscience: Finding accountants to work on regulatory reporting in i-banks used to be an uphill struggle for recruiters http:/
Many organizations have attempted to calculate how much data there is in the world, but now an organization is actually trying “to collect all the data in the world and use it to peer into the future. Seriously. What’s more, an organization called the European Commission is even willing to pump 1 billion euros into this dream. The project is called the FutureICT Knowledge Accelerator and Crisis-Relief System, or FuturICT for short. FuturITC is building a Living Earth Platform. In the words of the FuturICT founders, the Living Earth Platform will be ‘a simulation, visualization, and participation platform to support decision making of policymakers, business people, and citizens.’” continued…read more...
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The Central Bank of the Republic of Turkey held its benchmark 1-week repo rate at 5.75%. The Bank said: "Recent data releases suggest that the rebalancing between the domestic and external demand is ongoing as envisaged. With the credit growth decelerating to more reasonable levels, the desired increase in private savings has already started to take place. Accordingly, the improvement in the current account balance is expected to become more significant in the final months of the year."
The Turkish central bank last cut the benchmark rate by 50 basis points when it held an emergency meeting in early August, the bank also cut its benchmark interest rate by 25 basis points to 6.25% in January this year. The Turkish central bank also adjusted required reserves in late July. Turkey reported annual consumer price inflation of 7.7% in October, compared to 6.7% in August, 6.3% in July, 6.2% in June, 7.2% in May, 4.26% in April, and 3.99% in March, and above the Bank's full year inflation target of 5.5%.
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In less than one week SemTechBiz DC will arrive at the Kellogg Conference Hotel in Washington, DC. The conference, which takes place November 29-December 1, 2011, will feature highly-anticipated sessions led by top thinkers in the fields of Open Government, Content Management, Enterprise Data Management, Linked Data, and much more.read more...
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moneyscience: Good answer @reformedbroker: “How Do You Have So Much Time to Blog?” http:/