One should be on red alert for an engineered price declineIt was a zero day in gold on Friday, as the metal traded within a five dollar price range for the entire session, with a tiny rally into the close of electronic trading. Gold closed on its ‘high’ of the day, such as it was.The low and high ticks aren’t worth the effort of looking up.Gold closed on Friday at $1,339.00 spot, up $3.70 from Thursday. Net volume was almost invisible at 67,000 contracts.The same can be said for silver, as it traded in about a 10 cent range all day long. The highs and lows weren’t worth looking up, either.Silver closed yesterday at $21.445 spot, up 3 cents from Thursday. Volume, net of July and August, was a pretty beefy 32,000 contracts, which is almost half of gold’s net volume. Something under 20,000 contracts would have been closer to normal.As I’ve mentioned a few time over the last few months, silver’s net volume is now substantially larger that it ever used to be—and I’m wondering why that’s the case, especially relative to gold.Platinum traded flat as well, but palladium had a down/up rally that started at 10 a.m. in Zurich—bottomed shortly after the Comex open—and was back to a few bucks above unchanged shortly after 12 o’clock noon in New York. Platinum closed unchanged—and palladium closed up two bucks. Here are the charts. The overbought conditions in both metals has grown more extreme in the last couple of days.I’d like to point out one more time that the Commercial net short in silver is at, or very close to, it’s extreme all-time high of the last five years—and one should be on red alert for an engineered price decline at some point in the not-to-distant future. My great concern, as I mentioned in the discussion regarding the COT Report, is that with silver is currently sitting at $21.45 spot—and only up about $2.75 from its $18.75 low of the first week of June—one has to wonder how low will JPMorgan et al be able to drive the price if they really put their shoulders into it as, once again, they ring the cash register on the technical funds for fun, profit and price management.I know it hasn’t happened yet—and it’s entirely possible that we could move higher from here for a while—but the COT numbers, using past as prologue, indicate otherwise. All we can do is wait it out.That’s all I have for today. Enjoy what’s left of your weekend—and I’ll see you here on Tuesday. The dollar index closed in New York late on Thursday afternoon at 80.12—and didn’t do much until 9 a.m. BST in London. At that point it dipped down to 80.04 before being rescued up to the 80.23 level at 9 a.m. in New York. It faded a small handful of basis points into the close, finishing he Friday session at 80.19—up 7 basis points from Thursday.I was happy to see the gold stocks bounce back, but they looked like they rallied strongly for the same reason that they got sold off on Thursday—and that was no reason that I could see. The HUI closed up 2.35%.Ditto for the silver equities, as they gained back everything they lost on Thursday, plus a hair more—as Nick Laird’s Intraday Silver Sentiment Index closed up 3.07%.Here’s the long-term Silver 7 Index to show how little ground we’ve actually gained during the current rally.The CME Daily Delivery Report drew a blank yesterday, as no gold or silver contracts were posted for delivery on Tuesday.There were no reported changes in GLD on Friday—and as of 6:01 p.m. EDT yesterday evening, there were no reported changes in SLV, either.There was no sales report from the U.S. Mint on Friday.There a little bit of movement in gold over at the Comex-approved depositories on Thursday, as 3,000 troy ounces were reported received—and 225.4 troy ounces were shipped out.However, it was a monster day in silver, as 336,763 troy ounces were reported received—and a whopping 1,942,290 troy ounces were shipped out the door. The link to that activity is here.And now for yesterday’s Commitment of Traders Report. I said in The Wrap in Friday’s column—“Eye-balling the above charts its a tough call on both metals, but basically unchanged wouldn’t surprise me.”I wasn’t even close.In silver, the Commercial net short position blew out by an astonishing 6,063 contracts, or 30.3 million ounces. The Commercial net short position is now up to 290 million troy ounces, a position we haven’t been at since December 2012 when silver was $34 the ounce. Now we’re back at an almost 5-year high in the Commercial net short position—and silver is only $21 the ounce. One wonders how low JPMorgan et al will drive the price when they pull the pin on the technical funds this time around?Ted said that this reporting week’s action was, once again, the technical funds buying back short positions and going long—and in the face of that, the raptors sold another 2,800 long contracts, the Big 4 [read JPMorgan] increased their short position by 2,500 contracts—and the 5 through 8 largest traders added about 800 contracts to their short position. Ted pegs JPMorgan’s short side corner in the Comex silver market at 17,500 Comex contracts, or 87.5 million troy ounces.Here’s a chart that Nick Laird sent my way yesterday evening. It shows the long and short positions of all three groups of traders in the COT Report. Looking only at the center chart, you can see the the Non-Commercial/technical funds in red—and the the Commercials in blue—and the thin black line is the positions of the Nonreportable contract holders that’s visible behind the red bars.Just looking at the Non-Commercial category, in five weeks they’ve gone from a net long position of about 1,000 contracts all the way to a new record high of 48,000 contracts—and for what, dear reader? A lousy two dollar plus move in the price of silver on the chart directly above it.If you look at the top price chart, we had a similar two dollar move in February and March on much smaller trading action between the technical funds and the Commercials. And if you go back to August 2012, the price of silver rallied to $34 from $27 by the first week of October—a seven dollar move. This time—and in a much shorter time period, only five weeks—and on bigger buying volume by the technical funds, silver is only up two bucks and change.In his weekly review on Saturday, July 5, silver analyst Ted Butler had this to say about the above situation: “I have come to believe that the main cause behind the diminishing nature of progressive silver rallies is a willful intent on the part of the regulators and key commercials on the COMEX to snuff out any silver rally before it generates sufficient investment demand that could lead to a physical shortage. More than any alternative explanation that possibly comes to mind, I believe there is a conspiracy between the CFTC and other parts of the U.S. Government, along with crooked private interests on the COMEX, to not let silver go too far on the upside. Further, while this may also be true to some extent in gold, it is in silver where the situation is most critical.”By the way, Ted’s essay “The Silver Conspiracy” will be posted in the clear sometime next week—and you can rest assured that it will appear in this column the moment it shows up in the public domain.There was also deterioration in gold in the COT Report as well, as the Commercial net short position increased by 5,548 contracts, or 554,800 troy ounces. The Commercial net short position now stands at 16.60 million troy ounces. Once again it was the technical funds/Non-commercial traders that covered shorts and went long—and the Commercials of all stripes sold longs, or went short against them. Ted said the JPMorgan sold another 1,000 contracts of its long-side corner in the Comex futures market—and is now down to 2.5 million troy ounces.You’d have to go back to March of 2013 to see the Commercials holding this big a net short position in gold. It was from that point in March of last year where gold got clocked for $400 the ounce by the end of July. One wonders what fate “da boyz” have in store for us in gold going forward? One would have to presume that it would be similar to the fate that awaits silver.By the way, the small traders in the Nonreportable category never have any influence over the price. It’s the interplay between the mechanically-driven technical funds and the Commercials that drives the price up and down as moving averages are broken in either direction.Here’s the equivalent chart for gold that I posted just above for silver.And, without doubt, that big out-of-the-blue rally in both gold and silver in London trading on their Thursday morning will have driven the Commercial net short positions in both these metals to new extremes, but we’ll have to wait until next Friday to find out just how bad it was.I have a decent number of stories for you today—and I hope you can find time in what’s left of your weekend to read the article that interest you the most.With silver prices so low—and at or below the primary cost of production, there has rarely been a more inopportune time for any producer to be hedging and locking in current prices. This is confirmed by the fact that silver (and gold) miner hedging is at multi-decade lows. Yet the concentrated silver short position of the eight largest traders (all commercials) on the COMEX is near its highest level in years, meaning that the concentrated short position is not legitimate since it doesn’t involve bona fide hedging.At the same time, the concentrated short position of the 8 largest COMEX shorts is near record highs, JPMorgan’s share has rarely been lower, according to the COTs. The only explanation that makes sense is that those involved in the conspiracy are trying to take the attention and heat off of the crooks at JPMorgan by shifting some of the short position from JPMorgan and placing it in other large short accounts. There is no legitimate reason why the 5 thru 8 largest traders on the COMEX hold an all-time record short position at a time of record low miner hedging. As distasteful as I’ve always found the word “conspiracy” to be, I can’t find a more apt description for what has transpired on the COMEX. – Silver analyst Ted Butler: 09 July 2014Today’s pop “blast from the past” dates from this American Rock Band‘s 1981 triple platinum album “Paradise Theatre”. The group—and the tune—are instantly recognizable—and the link is here.Today’s classical blast from the past is courtesy of Wolfgang Amadeus Mozart. For me, my two favourite instruments are the piano and violin—and the vast majority of the well-known concerto repertoire of the last two hundred years or so, was written for these two instruments. If those two instruments, along with all their associated music vanished from the face of the earth overnight, my next favourite instrument is the oboe. Mozart’s Oboe Concerto in C major, K314 is probably the most well known.It was originally composed in spring or summer of 1777 for oboist Giuseppe Ferlendis (1755–1802) from Bergamo, then reworked by the composer as a concerto for flute in D major in 1778. The concerto is a widely-studied piece for both instruments—and is one of the more important concerti for the oboe.There are no credits given in this youtube.com clip, but it’s quite good. It’s the only complete performance I could find—and the link is here.There’s nothing to discuss regarding yesterday’s price action in either gold or silver. The only thing that I continue to note is that the high trading volume in silver continues unabated, regardless of the price action.Here are the 6-month charts for both gold and silver updated with yesterday’s price and volume data.
Learn how to successfully navigate family business dynamics and build businesses that excel. March 14, 2017 Tom Brant Next Article –shares Google Add to Queue A $350 pair of Levi’s that syncs with your smartphone? Is it Fashion Week again? No, it’s South by Southwest, the annual gathering of tech enthusiasts and culture lovers, where Google and Levi’s offered an update on a project they’ve been working on to make a stylish denim garment full of technology.The garment isn’t jeans, though, it’s a special version of Levi’s Trucker jacket woven out of electronic threads that Google is working on as part of its Project Jacquard. First announced in 2015, the jacket is inching closer to reality with a price tag and a release date of “this fall,” according to Engadget.For $350, you’ll get a jacket that takes the term “wearable” — traditionally used for smartwatches — to new heights. A small tag will be embedded in the denim, containing all the electronic components the jacket needs to connect to your smartphone. The rest of the garment looks like any other Trucker jacket, except you can swipe it to take calls and use other smartphone functions when your device isn’t easily accessible.The target audience is urban bike riders: a promotional video shows a biker swiping his sleeve to change song tracks, get navigation directions and answer calls. The electronic fibers woven into the denim capture touch interactions, and use machine-learning algorithms to determine various gestures. Data is then wirelessly transmitted via the electronic tag — removable for washing — to a mobile device.This being Google, of course, Project Jacquard isn’t stopping at a denim jacket for fashion-conscious techies who commute to work by bike. The company envisions the fabric being used by any fashion designer, and it is working on developing an ecosystem of apps and cloud services to convince people that the high-tech fabric is worth a higher price.Speaking of paying a premium, you can pick up a “dumb” Trucker jacket right now for $65. We’re betting some people will find it worth spending an extra $285 to answer phone calls from their coat sleeve, but many more won’t. Image credit: via PC Mag 2 min read News reporter This story originally appeared on PCMag Commute by Bike? Check Out Google’s $350 Smart Jacket. The Google-Levi’s partnership takes the term ‘wearable’ to new heights (and price tags). Free Webinar | July 31: Secrets to Running a Successful Family Business Register Now »
Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. July 21, 2017 The new feature inside Amazon’s iPhone app lets you follow specific categories and people, making it easy to buy things you find. Add to Queue Image credit: Amazon via PCMag Amazon Amazon Spark Is a Pinterest-Like Shopping Social Network Next Article Angela Moscaritolo Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals As if you don’t already buy enough stuff on Amazon, the ecommerce giant just added a new Pinterest-like feature to its iPhone app aimed at helping you “find more of what you like.”Dubbed Spark, the new shopping social network lets you follow specific categories and people. Of course, Amazon has made it super easy to buy things there, too.To access Spark, tap the hamburger icon (three parallel horizontal lines) in the Amazon iPhone app, select Programs and Features, then tap Spark. The first time you visit, you’ll select a few of your interests: things like books, style and fashion, food, technology, do it yourself (DIY), home décor, beauty, recipes, video games and women’s fashion, for instance.From there, Spark will create a “feed of personalized content from other Amazon customers with similar interests as you.” If you see something you like, just tap the product link or shopping bag icon to buy it.You can also create posts to share a specific product or story, and “interact with people by commenting or smiling on their posts.” We assume “smiling” on someone’s post is basically like adding a heart or thumbs up.Anyone in the U.S. with the Amazon iPhone app can look at posts on Spark, but you’ll need to be a paid Prime member to contribute your own.Just keep in mind that whatever you do on Spark is pretty much public. “Anyone can view your posts, comments, the interests you follow and see your Amazon Profile,” Amazon said in its Spark FAQs. Your profile displays customer reviews you’ve written but does not show your purchasing or browsing history. This story originally appeared on PCMag 2 min read –shares Reporter Register Now »
Reviewed by James Ives, M.Psych. (Editor)Jan 21 2019Nerve growth factor has been playing an important role in development of adult neurobiology. This is because of the regulatory functions that it possesses on survival, growth and differentiation of nerve cells in both of the central and peripheral nervous systems. Nerve growth factor plays an action in survival and growth of peripheral, sympathetic and sensory neurons along on numerous amounts of brain neurons. As far as neuropathic factors are concerned, NGF is the first discovered member of a family collectively indicated as neurotrophins. This includes, brain derived neurophin 4/5, neurotrophin-3 and nuerotrophic factor. For the sake of survival and differentiation of much selected population of peripheral neurons, NGF was discovered. Therefore, many studies took place to identify the role of purified NGF just for the sake of prevention of deaths of NGF-receptive cells. After all the studies, it was revealed to the researchers that NGF possesses good amount of therapeutic properties for diseases like, cutaneous ulcer, corneal ulcers, glaucoma, retinal maculopathy, Retinitis Pigmentosa along with optic gliomas and brain traumas.Therefore, the researches and studies that took place on NGF showed new routes for the diagnostics along with that allowed safe amount of dosages to the effected patients. This thing widened the spectrum of therapy with the help of NGF based therapy. Source:https://benthamscience.com/
Citation: Three scenarios show we have to think carefully about ethics in designing smart cities (2018, March 16) retrieved 18 July 2019 from https://phys.org/news/2018-03-scenarios-carefully-ethics-smartcities.html Provided by The Conversation But there are major ethical challenges that centre on fears about the privacy of information that is provided. The perception that data will be paternally used in targeted community interventions is also an issue.At the Indonesian-Australian Digital Forum in Jakarta in January, participants analysed the sustainability of using citizen reports to collect data on malaria. This information sharing can potentially benefit communities by targeting public health services in areas of need. But it also creates stigma and privacy concerns when individuals are known within their community as disease carriers. Is there any opportunity to consider a person’s consent?Big Data certainly creates opportunities to reduce health disparities. But how many benevolent government interventions engage targeted citizens in the development process? Focusing on the citizenThe examples we use above are very near-term realities. The possibilities and problems of Big Data mean designers require a new type of intelligence that exists between technology and the humanities. As technologies become more sophisticated the designer holds a key role in customising such concepts for mass use. Additionally, as the pendulum swings from technological solutions towards the citizen’s experiences, the variations in different countries’ political and cultural systems will become more pronounced. The old adage that “all politics is local” will be reinforced.But in a Big Data environment, the tendency to average out all those local specificities is magnified by generic technology approaches to complex cultural and contextual problems. Governments should think about and resolve ethical questions in the design of smart cities. City planners should ensure that the technologies deployed do not take away citizens’ privacy and that personal data are not used against them. Smart cities need to be more human, so we’re creating Sims-style virtual worlds Jakarta’s traffic system is one of many facets of the city that could be improved by smart cities technologies, but at what cost? Credit: Vasenka Photography/Flickr, CC BY To improve cities, governments are increasingly promoting the use of technology and data-driven decision-making. They decide how technologies and Big Data are being used or deployed in creating smart cities, with the help of academics who collect and interpret data, design new city ideas and newer technologies for cities. Data harnessed from networked objects that citizens wear or use daily can ease our lives. But it’s possible that the uses of Big Data jeopardise citizens, such as in the scenarios we present below. 1. Longer commute for low-class workersImagine this: A traffic system manages a city’s rush hour, handling thousands of traffic lights, public transport commutes and pedestrian signals. Meanwhile, an AI system uses real-time data drawn from hundreds of thousands of sensors on vehicles and buses. With help from infrastructure like light poles, the optimal flow of traffic is calculated based on the number of vehicles and people in the system. Reducing commute times and improving productivity is the stated end goal of city governments. Who could argue with that?But linking traffic data, geographic data and economic performance creates another scenario. If the system increases economic performance, is it any wonder it prioritises higher-paying jobs linked to more expensive suburbs neighbouring the city? Low-paid commuters contribute less financially to a city’s economy, so a highly paid executive getting a quicker ride to work makes brutal sense. But the system introduces a bias: public transport suddenly takes a little longer for a clerical worker.2. Park bench meter?The humble park bench presents another ethical dilemma for city planners. We’ve been paying for car parking in cities for decades. Now that we can live-track people in fine detail, the possibility of micro-charging for public amenities creates an opportunity for new revenue streams.Think about paying a few cents for time spent resting on a park bench – a parking meter for people. This obviously discourages the positive attributes of city living for avid park users. Yet, as an example of “data-driven” governance, it plausibly shines a light on the already feasible potential for economic disparity.3. Health and the consent of citizensBig Data can also be used to inform city design and planning to reduce health disparities. Public surveillance systems can connect geo-data with health services data to attend to populations that need urgent help. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Explore further This article was originally published on The Conversation. Read the original article.
This is according to Dr. Barbara Ribeiro of Manchester Institute of Innovation Research at The University of Manchester, in On AI and Robotics: Developing policy for the Fourth Industrial Revolution, a new policy report on the role of AI and Robotics in society, being published today.Dr. Ribeiro adds because investment into AI will essentially be paid for by tax-payers in the long-term, policymakers need to make sure that the benefits of such technologies are fairly distributed throughout society.She says: “Ensuring social justice in AI development is essential. AI technologies rely on big data and the use of algorithms, which influence decision-making in public life and on matters such as social welfare, public safety and urban planning.””In these ‘data-driven’ decision-making processes some social groups may be excluded, either because they lack access to devices necessary to participate or because the selected datasets do not consider the needs, preferences and interests of marginalised and disadvantaged people.”On AI and Robotics: Developing policy for the Fourth Industrial Revolution is a comprehensive report written, developed and published by Policy@Manchester with leading experts and academics from across the University. Provided by University of Manchester Play Dr. Barbara Ribeiro, from Manchester Institute of Innovation Research at the University of Manchester, discusses how to carry out and implement such processes in ‘On AI and Robotics: Developing policy for the Fourth Industrial Revolution’ by Policy@Manchester. Credit: Policy@Manchester The publication is designed to help employers, regulators and policymakers understand the potential effects of AI in areas such as industry, healthcare, research and international policy.However, the report doesn’t just focus on AI. It also looks at robotics, explaining the differences and similarities between the two separate areas of research and development (R&D) and the challenges policymakers face with each.Professor Anna Scaife, Co-Director of the University’s Policy@Manchester team, explains: “Although the challenges that companies and policymakers are facing with respect to AI and robotic systems are similar in many ways, these are two entirely separate technologies – something which is often misunderstood, not just by the general public, but policymakers and employers too. This is something that has to be addressed.” Professor Barry Lennox, Professor of Applied Control and Head of the UOM Robotics Group, adds: “The transfer of robotics technology into industry, and in particular the nuclear industry, requires cultural and societal changes as well as technological advances.”It is really important that regulators are aware of what robotic technology is and is not capable of doing today, as well as understanding what the technology might be capable of doing over the next 5 years.”The report also highlights the importance of big data and AI in healthcare, for example in the fight against antimicrobial resistance (AMR).Lord Jim O”Neill, Honorary Professor of Economics at The University of Manchester and Chair of the Review on Antimicrobial Resistance explains: “An important example of this is the international effort to limit the spread of antimicrobial resistance (AMR). The AMR Review gave 27 specific recommendations covering 10 broad areas, which became known as the “10 Commandments.” Play Dr. Barbara Ribeiro, from the Manchester Institute of Innovation Research at the University of Manchester, discusses how organizations can develop more representative AI public policies in ‘On AI and Robotics: Developing policy for the Fourth Industrial Revolution’ by Policy@Manchester. Credit: Policy@Manchester One particular area the report highlights where robotics can have a positive impact is in the world of hazardous working environments, such a nuclear decommissioning and clean-up. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQuality0SpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreen Is the UK’s energy policy fit for purpose? PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQuality0SpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreen PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQuality0SpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreen The development of new artificial intelligence (AI) technology is often subject to bias, and the resulting systems can be discriminatory, meaning more should be done by policymakers to ensure its development is democratic and socially responsible. Play Dr. Barbara Ribeiro, from the Manchester Institute of Innovation Research at the University of Manchester, discusses how local governments can ensure AI development incorporates greater social justice in ‘On AI and Robotics: Developing policy for the Fourth Industrial Revolution’ by Policy@Manchester. Credit: Policy@Manchester “All 10 are necessary, and none are sufficient on their own, but if there is one that I find myself increasingly believing is a permanent game-changer, it is state of the art diagnostics. We need a “Google for doctors’ to reduce the rate of over prescription.”The versatile nature of AI and robotics is leading many experts to predict that the technologies will have a significant impact on a wide variety of fields in the coming years. Policy@Manchester hopes that the On AI and Robotics report will contribute to helping policymakers, industry stakeholders and regulators better understand the range of issues they will face as the technologies play ever greater roles in our everyday lives. Citation: Artificial intelligence needs to be socially responsible says new policy report (2018, May 10) retrieved 18 July 2019 from https://phys.org/news/2018-05-artificial-intelligence-socially-responsible-policy.html Explore further
Volunteers were tested on a virtual simulator that can be vibrated on different frequencies. Credit: RMIT University Credit: RMIT University “To improve road safety, we hope that future car seat designs can build in features that disrupt this lulling effect and fight vibration-induced sleepiness.”Led by chief investigators Associate Professor Mohammad Fard and Professor Stephen Robinson, the research team tested 15 volunteers in a virtual simulator that replicates the experience of driving on a monotonous two-lane highway.The simulator was set up on a platform that could be vibrated on different frequencies, with the volunteers tested twice—once with vibrations at low frequencies (4-7Hz) and once with no vibration.The tiredness induced by vibration makes it psychologically and physiologically harder to perform mental tasks, so the body’s nervous system activates to compensate, leading to changes in the heartbeat. With about 20 per cent of fatal road crashes involving driver fatigue, researchers from RMIT University in Melbourne, Australia, hope their findings can be used by manufacturers to improve car seat designs to help keep drivers awake.Professor Stephen Robinson said the effects of physical vibration on drivers were not well understood, despite growing evidence that vibration contributes to feelings of sleepiness.”We know 1 in 5 Australians have fallen asleep at the wheel and we know that drowsy driving is a significant issue for road safety,” Robinson said.”When you’re tired, it doesn’t take much to start nodding off and we’ve found that the gentle vibrations made by car seats as you drive can lull your brain and body.”Our study shows steady vibrations at low frequencies—the kind we experience when driving cars and trucks—progressively induce sleepiness even among people who are well rested and healthy.”From 15 minutes of getting in the car, drowsiness has already begun to take hold. In half an hour, it’s making a significant impact on your ability to stay concentrated and alert. Lead author, Ph.D. researcher Neng Zhang, in the virtual simulator. Credit: RMIT University Vehicle direction, not driver biometrics, best way to detect drowsiness New research has found the natural vibrations of cars make people sleepier, affecting concentration and alertness levels just 15 minutes after drivers get behind the wheel. Citation: Snooze mobiles: How vibrations in cars make drivers sleepy (2018, July 5) retrieved 18 July 2019 from https://phys.org/news/2018-07-snooze-mobiles-vibrations-cars-drivers.html This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Provided by RMIT University By looking at the volunteers’ heart rate variability (HRV), researchers were able to gain an objective measure of how drowsy they were feeling as the 60-minute test progressed.Within 15 minutes of starting the vibrating test, volunteers were showing signs of drowsiness. Within 30 minutes, the drowsiness was significant, requiring substantial effort to maintain alertness and cognitive performance. More information: N. Zhang et al, The Effects of Physical Vibration on Heart Rate Variability as a Measure of Drowsiness, Ergonomics (2018). DOI: 10.1080/00140139.2018.1482373 Explore further The drowsiness increased progressively over the test, peaking at 60 minutes.Associate Professor Mohammad Fard said more work was needed to build on the findings and examine how vibrations affected people across different demographics.”We want to study a larger cohort, particularly to investigate how age may affect someone’s vulnerability to vibration-induced drowsiness as well as the impact of health problems such as sleep apnea,” he said.”Our research also suggests that vibrations at some frequencies may have the opposite effect and help keep people awake.”So we also want to examine a wider range of frequencies, to inform car designs that could potentially harness those ‘good vibrations’.” Journal information: Ergonomics
U.S. suppliers are taking a hit, too. Micron Technologies, Qualcomm, Qorvo and Skyworks Solutions have all listed Huawei as a major customer. Last week, chipmaker Broadcom reduced its 2019 revenue forecast by $2 billion, saying customers are trimming orders because of the trade tensions, including the U.S. curbs on sales to Huawei. Broadcom previously estimated full-year revenue of $24.5 billion. The research firm IHS Markit said Micron and Western Digital will also suffer, as they lose a leading buyer of memory chips and storage devices.Huawei is expected to face challenges finding alternative suppliers for components, though IHS says Micron and Western Digital could eventually be replaced by South Korean and Taiwanese suppliers.More broadly, U.S. businesses are expressing alarm at the Trump administration’s aggressive policies toward China. Hundreds of companies, trade groups and individuals have written the U.S. trade representative to protest the administration’s plan to extend tariffs of up to 25% on the $300 billion worth of Chinese sales to the United States that haven’t already been hit by import taxes. Huawei founder Ren Zhengfei, center, speaks at a roundtable at the telecom giant’s headquarters in Shenzhen in southern China on Monday, June 17, 2019. Huawei’s founder has likened his company to a badly damaged plane and says revenues will be $30 billion less than forecast over the next two years. (AP Photo/Dake Kang) Huawei founder Ren Zhengfei speaks at a roundtable at the telecom giant’s headquarters in Shenzhen in southern China on Monday, June 17, 2019. Huawei’s founder has likened his company to a badly damaged plane and says revenues will be $30 billion less than forecast over the next two years. (AP Photo/Dake Kang) © 2019 The Associated Press. All rights reserved. Huawei founder Ren Zhengfei speaks at a roundtable at the telecom giant’s headquarters in Shenzhen in southern China on Monday, June 17, 2019. Huawei’s founder has likened his company to a badly damaged plane and says revenues will be $30 billion less than forecast over the next two years. (AP Photo/Dake Kang) Huawei founder Ren Zhengfei, left, gets make up on his face before attending a roundtable at the telecom giant’s headquarters in Shenzhen in southern China on Monday, June 17, 2019. Huawei’s founder has likened his company to a badly damaged plane and says revenues will be $30 billion less than forecast over the next two years. (AP Photo/Dake Kang) Huawei’s founder said Monday that the Chinese telecom giant’s revenue will be $30 billion less than forecast over the next two years, as he compared the company to a “badly damaged plane” as a result of U.S. government actions against it. China telecom giant Huawei hints US pressure hurting sales Ren denies that Huawei would share user data with the Chinese government if ordered to do so. He said Monday there are no backdoors in its equipment that anyone could access, and that Huawei is willing to enter into a no backdoor agreement with any nation that wants one.Huawei has brought a lawsuit in the U.S. this March challenging the constitutionality of a national security law which prevents the U.S. government and its contractors from using Huawei equipment. The complaint, filed in Plano, Texas, where Huawei’s American operations are headquartered, alleges that the law singles out Huawei for punishment while denying the company due process.The Wall Street Journal reported last week that Huawei is asking Verizon to pay licensing fees for more than 200 of its patents. While Huawei declined to comment on the matter, company spokesman Joe Kelly said it will hold a briefing later this month on being more aggressive about collecting intellectual property licensing fees.Ren said during the panel discussion that Huawei will not use its many patents as a “weapon,” but did not rule out seeking royalties for usage.He emphasized that Huawei will not stop collaborating with other countries and businesses. Explore further Citation: Huawei says US sanctions will cost it billions in revenue (2019, June 17) retrieved 17 July 2019 from https://phys.org/news/2019-06-huawei-founder-revenue-billions.html This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. The company’s current situation “is not caused by American businesses, but rather by certain politicians’ different perspectives,” Ren said. “I think both sides will suffer. No one will win.”The panel, organized by Huawei, also included Nicholas Negroponte, the founder of the media lab at the Massachusetts Institute of Technology, and writer and investor George Gilder.In December, Huawei Chief Financial Officer Meng Wanzhou—Ren’s daughter—was arrested in Vancouver at the request of U.S. authorities. The U.S. alleges that Meng misled American banks about the company’s business dealings with Iran, and that Huawei used a Hong Kong shell company to sell equipment in Iran in violation of U.S. sanctions. An extradition hearing is expected to begin in January. Some are showing up in person for seven days of hearings that begin Monday. They want the administration to cancel the tariffs—or at least spare the imports they rely on.Washington claims Huawei poses a national security threat because it is beholden to China’s ruling Communist Party. But American officials have presented no evidence of any Huawei equipment serving as intentional conduits for espionage by Beijing. Huawei’s placement on the Entity List is widely seen as intended to persuade resistant U.S. allies in Europe to exclude Huawei equipment from their next-generation wireless networks, known as 5G. “We never thought that the U.S.’s determination to attack Huawei would be so strong, so firm,” Ren Zhengfei, who is also the CEO, said during a panel discussion at the company’s headquarters in Shenzhen, China.Ren said Huawei will reduce capacity and expects revenue of about $100 billion annually for the next two years, compared with $105 billion in 2018. In February, he said the company was targeting $125 billion in 2019.Huawei’s overseas cellphone sales will drop by 40%, Ren said, confirming a Bloomberg report published Sunday. But the Chinese market is growing rapidly, he said, and Huawei will not allow restrictive measures to curb its research and development.Huawei is embroiled in a trade dispute between China and the U.S., which has accused Chinese companies such as Huawei of committing forced technology transfers and stealing trade secrets. Last month, the U.S. placed Huawei on its “Entity List,” which effectively bars American companies from selling components to Huawei without government approval.
BENGALURU (Reuters) – The European Central Bank will cut its deposit rate in September after signalling a bias to do so this month, according to economists in a Reuters poll who do not expect a turnaround in the euro zone’s economic fortunes any time soon. FILE PHOTO: The logo of the European Central Bank (ECB) is pictured outside its headquarters in Frankfurt, Germany, December 8, 2016. REUTERS/Ralph OrlowskiMajor central banks on both sides of the Atlantic are under pressure to ease monetary policy to keep inflation expectations from collapsing amid slowing global growth, increased trade protectionism and weak economic data. When asked what the ECB was likely to do at its July meeting, two-thirds of economists said the central bank would change its forward guidance towards easing. With inflation well below the central bank’s target and not predicted to pick up soon, the ECB is expected to cut its deposit rate by 10 basis points to an all-time low of -0.50% in September. “We don’t think it will be enough to get inflation back on track towards target. Clearly a 10-basis point move in interest rates doesn’t move the dial really,” said Andrew Kenningham, chief Europe economist at Capital Economics. “But the Governing Council will want to signal that they can do more. This … may have some marginal impact on monetary conditions. But no, I don’t think it will be enough.” Indeed, the July 4-17 Reuters poll of over 100 economists showed the outlook for euro zone growth and inflation — and for most major economies in the region — was at best left unchanged or downgraded compared to previous surveys. At 1.3%, euro zone inflation is lower than where it stood when the central bank stopped its 2.6 trillion euro (£2.3 trillion) asset purchase programme in December. While a majority of economists do not expect the ECB to relaunch asset purchases — known as quantitative easing, or QE — this year, nearly 40% of the respondents expected it to do so, up from about 15% last month. “A rate cut won’t do. While we do think that the ECB will cut rates, we mostly see this as a policy move that will precede the restart of QE,” said Daniele Antonucci, chief euro-area economist at Morgan Stanley. TIME TO PUSH AHEAD The European Commission cut its euro zone growth and inflation outlook last week, citing uncertainty over U.S. trade policy. Quarterly economic growth is set to have slowed to 0.2% last quarter and the consensus points to only a 0.3-0.4% rate of expansion in each quarter through to the end of next year. Inflation, which the ECB targets at just below 2%, is forecast to average 1.3% this year and is not expected to hit the target at any time in the forecast horizon which runs through to 2021. That is likely to give the ECB reason to push ahead with stimulus as hinted at in President Mario Draghi’s speeches over the past month. ECB board member Benoit Coeure said as much in a speech on Wednesday. “Looking ahead, the Governing Council is determined to act in case of adverse contingencies and also stands ready to adjust all of its instruments, as appropriate, to ensure that inflation continues to move towards the Governing Council’s inflation aim in a sustained manner,” Coeure said. The backdrop for the ECB, as for many other global central banks easing policy or considering it, is the U.S.-China trade war and the ructions it has caused. The euro zone is particularly exposed as its economy relies heavily on exports. “I would say the dominant story remains one of trade uncertainty and that will likely dampen the prospects of recovery over the coming six months or so,” said Bert Colijn, a senior economist at ING. All but four of 63 economists who answered a separate question said International Monetary Fund Chief Christine Lagarde, who is due to replace Draghi after he leaves in October, would continue with the current policy stance. “I think she’s not uncomfortable being in this position … because she has been a clear supporter of unconventional policy,” said Frederik Ducrozet, strategist at Pictet Wealth Management. (Analysis and polling by Tushar Goenka and Manjul Paul; Editing by Ross Finley and Catherine Evans)Our Standards:The Thomson Reuters Trust Principles.
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