Nipping Libra in the Bud

Nipping Libra in the Bud

Truth is: no one knows how stable Libra will be; even Facebook, in its presentation of the system, acknowledges that the Libra will indeed fluctuate and that it is not immune to inflation. Right now, Facebook’s Average Revenue Per User (ARPU) and revenue distribution look like this:
While for the Western regions, ARPU is challenging to move upward, Libra’s primary target is the last two lines: Asia Pacific and ROW. Lines of defense
In the development of Libra, Facebook is facing three lines of resistance: regulators, financial institutions, and public trust.

Source: mondaynote.com

Surprise collapse of regional Chinese bank sets off domino effect

Surprise collapse of regional Chinese bank sets off domino effect

First it was China. The end of May saw the collapse of an obscure Inner Mongolian bank, Baoshang, which had about $90 billion in assets and which had seemed perfectly healthy. Why it matters: The government blamed misappropriation of funds by the bank’s owner, but the damage was done.

Source: www.axios.com

Soros, Charles Koch team up to end US ‘forever war’ policy

Soros, Charles Koch team up to end US ‘forever war’ policy

Since peaceful foreign policy was a founding principle of the United States, it’s appropriate that the name of this think tank harken back to history. In foreign policy, all major Washington think tanks promote interventionist dogma: the United States faces threats everywhere, it must therefore be present everywhere, and “present” includes maintaining more than 800 foreign military bases and spending trillions of dollars on endless confrontations with foreign countries. Many Washington think tanks are supported by industries and foreign powers eager to inflate threats in order shape American law, policy, and public opinion.

Source: www.bostonglobe.com

Microsoft Tells FTC Repair Poses a Cyber Risk

Microsoft Tells FTC Repair Poses a Cyber Risk

“The unauthorized repair and replacement of device components can result in the disabling of key hardware security features or can impede the update of firmware that is important to device security or system integrity,” Microsoft wrote. Specifically, Microsoft suggests that unscrupulous independent repair technicians with access to its devices could disable the Trusted Platform Module or other security protections. “If the TPM or other hardware or software protections were compromised by a malicious or unqualified repair vendor, those security protections would be rendered ineffective and consumers’ data and control of the device would be at risk,” the company wrote.

Source: securepairs.org

In astonishing turn Soros, Charles Koch team up to end US ‘forever war’ policy

In astonishing turn Soros, Charles Koch team up to end US ‘forever war’ policy

Since peaceful foreign policy was a founding principle of the United States, it’s appropriate that the name of this think tank harken back to history. In foreign policy, all major Washington think tanks promote interventionist dogma: the United States faces threats everywhere, it must therefore be present everywhere, and “present” includes maintaining more than 800 foreign military bases and spending trillions of dollars on endless confrontations with foreign countries. Many Washington think tanks are supported by industries and foreign powers eager to inflate threats in order shape American law, policy, and public opinion.

Source: www.bostonglobe.com

Choking game, also known as the fainting game

Choking game, also known as the fainting game

Dangerous game of trying to faint

The choking game (also known as the fainting game and a wide variety of slang terms) refers to intentionally cutting off oxygen to the brain with the goal of inducing temporary loss of consciousness and euphoria. The sequence of events leading to unconsciousness from hyperventilation is as follows[citation needed]:

Because the brain cannot store reserves of oxygen and, unlike other organs, has an exceedingly low tolerance of oxygen deprivation, it is highly vulnerable if vasoconstriction is not reversed. [11]

Any activity that deprives the brain of oxygen has the potential to cause moderate to severe brain cell death leading to permanent loss of neurological function ranging from difficulty in concentration or loss of short term memory capacity through severe, lifelong mental disability to death.

Source: en.wikipedia.org

China’s banks face cash crunch fears after authorities seize lender

China’s banks face cash crunch fears after authorities seize lender

The PBOC and the China Banking and Insurance Regulatory Commission said they would take control of Baoshang Bank, an Inner Mongolia-based commercial lender with 291 branches, for a year from May 24. (The takeover) has led to concerns of potential liquidity risks in the market, particularly for small banks and non-banking financial institutions,” added Goldman Sachs analysts in a report on Tuesday. Non-bank financial institutions hold around 60% of medium-term notes — the most liquid and important corporate bonds — according to Goldman, and are also increasingly important investors in policy bank bonds, which are issued by the countries three policy banks: Agricultural Development Bank of China, China Development Bank, and Export-Import Bank of China.

Source: www.cnbc.com

Man completes first round-the-world autogyro flight

Man completes first round-the-world autogyro flight

Record breaker Norman Surplus with his Ireland man Norman Surplus completes first round-the-world autogyro adventurer Norman Surplus has become the first person to fly around the globe in a adventurer Norman Surplus has become the first person to fly around the globe in a autogyro. Mr Surplus first took up the challenge in 2010, however it was hampered when he was denied permission to fly over a section of Russia. The Larne adventurer battled cancer in 2003 and set himself the challenge of completing the epic flight while recovering from chemotherapy – a feat he has now finally achieved.

Source: www.belfasttelegraph.co.uk

Rising US Inequality: How We Got Here, Where We’re Going

Rising US Inequality: How We Got Here, Where We’re Going

Oyer, a professor at Stanford Graduate School of Business, teaches a course to MBAs focused on causes and complications of U.S. inequality. There are a lot of good policies that we’ve implemented over the years, like free trade and immigration, that have been efficient and grown the economy but have contributed to inequality. Mendonca: The consequences of dramatic inequality led to people turning either to authoritarian leaders who promise a return to the past, or to alternative economic constructs like socialism, neither of which are very good for capitalism.

Source: www.gsb.stanford.edu

Windows keeps automatically adding EN-US keyboard layout

Windows keeps automatically adding EN-US keyboard layout

For some reason, Windows seems to regularly check to see if I’m using the EN-US keyboard layout, and adds it if I’m not. This ends up adding another entry to my already long list of layouts to cycle through. Windows seems quite fine with me not using the default Japanese layout (I use Google’s, not Microsoft’s) – the Microsoft one reappeared after the Anniversary Update, but hasn’t come back after having been sent away.

Source: answers.microsoft.com