Barron’s (September 12)
“Be careful what you wish for when calling for zero or negative interest rates, Mr. President.” There’s a downside and the results are not inspiring. “The record of negative rates in the euro zone, Sweden, Denmark, Switzerland, and Japan has been mixed…. While bond yields have fallen below zero, banks been reluctant to impose negative rates on depositors, resulting in a squeeze on their profits.”
Tags: Banks, Bond yields, Denmark, Depositors, Downside, EU, Interest rates, Japan, Negative rates, Sweden, Switzerland, Trump, U.S.
New York Times (July 22)
“Given the rapid changes in that region, the fishing ban hasn’t come too soon.” With the Arctic melt proceeding faster than many imagined, the U.S., Canada, Russia, Norway and Denmark have proactively “put a ‘No Fishing’ sign on the high seas portion of the central Arctic until full scientific studies have been conducted.”
Tags: Arctic, Ban, Canada, Changes, Denmark, Fishing, High seas, Norway, Russia, Scientific studies, U.S.
The Economist (July 15)The Economist (July 15)
“The traditional census is dying, and a good thing too.” Statisticians now believe they can get more accurate (and less costly) data by mining existing government records, such as tax records and social security payments. Denmark started the trend, doing away with its traditional census decades ago. Sweden, Norway, Finland and Slovenia followed. And Germany plans to use this data-mining approach from 2011. This October, Japan will conduct a population census. Could it be the last?
“The traditional census is dying, and a good thing too.” Statisticians now believe they can get more accurate (and less costly) data by mining existing government records, such as tax records and social security payments. Denmark started the trend, doing away with its traditional census decades ago. Sweden, Norway, Finland and Slovenia followed. And Germany plans to use this data-mining approach from 2011. This October, Japan will conduct a population census. Could it be the last?
Tags: Census, Data mining, Denmark, Germany, Japan
