Thursday, January 16, 2020

Bloomberg - Are you a robot?

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Many things are taking place:

Taseko Announces Improved Economics and New 820 Million Tonne Reserve Estimate at its Yellowhead

VANCOUVER , Jan. 16, 2020 /CNW/ - Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) ("Taseko" or the "Company") is pleased to announce that recently updated technical work on the Yellowhead Copper Project in Central British Columbia has resulted in a 22% increase in recoverable copper reserves and significantly improved project economics.

Russell Hallbauer , Chief Executive Officer, of Taseko, commented, "In 2018, after our Senior Management and Engineering teams recognized the significant inherent value in the Yellowhead orebody that had not been identified in Yellowhead Mining Inc.'s 2014 Feasibility Study, a decision was made to acquire the company.  In early 2019, Taseko completed this transaction for approximately C$13 million in Taseko stock."

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooFinance
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Is there implicit gender bias in the field of economics? - News @ Northeastern

In the field of economics, seminars serve as the platform through which researchers disseminate new work, practitioners test out new theories, and young people network and find jobs. But, new research from Northeastern shows that men and women are treated very differently at such seminars.

Researchers, including Northeastern associate professor Alicia Sasser Modestino , found that on average, women are asked between three and four more questions during presentations than their male counterparts, and are more likely to receive suggestions and clarifying questions, as well as hostile questions.

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Trump Signs China Trade Deal, Putting Economic Conflict on Pause - The New York Times

Today we take a momentous step, one that has never been taken before with China toward a future of fair and reciprocal trade, as we sign phase one of the historic trade deal between the United States and China. Together we are righting the wrongs of the past, and delivering a future of economic justice and security for American workers, farmers and families. And this is going to be a great agreement for both countries. It's far greater than $200 billion, and it'll grow every year.

* * *

WASHINGTON — President Trump signed an initial trade deal with China on Wednesday, bringing the first chapter of a protracted and economically damaging fight with one of the world's largest economies to a close.

Date: 2020-01-15T12:06:56.000Z
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Other things to check out:

With stocks high and unemployment low, why are so many economists worried? - The Washington Post

SAN DIEGO — Many top economists are coming around to the belief that it's acceptable, even preferable, for the United States government to spend more money, even if it means increasing the nation's $23 trillion debt.

When thousands of economists gathered for the annual American Economic Association meeting this month, there were overwhelming calls for more — and wiser — government spending. Leading economic thinkers laid out the case that the nation will almost certainly have to spend more during the next recession, that major challenges such as climate change and inequality will probably require more money and that the United States is significantly underinvesting in infrastructure and education.

Publisher: Washington Post
Twitter: @WashingtonPost
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Climate crisis fills top five places of World Economic Forum's risks report | Business | The

A year of extreme weather events and mounting evidence of global heating have catapulted the climate emergency to the top of the list of issues worrying the world's elite.

Børge Brende, the president of the World Economic Forum, said: "The political landscape is polarised, sea levels are rising and climate fires are burning. This is the year when world leaders must work with all sectors of society to repair and reinvigorate our systems of cooperation, not just for short-term benefit but for tackling our deep-rooted risks."

Publisher: the Guardian
Date: 2020-01-15T11:45:45.000Z
Author: Larry Elliott
Twitter: @guardian
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The horrible housing blunder - The West's biggest economic policy mistake | Leaders | The

At the root of that failure is a lack of building, especially near the thriving cities in which jobs are plentiful. From Sydney to Sydenham, fiddly regulations protect an elite of existing homeowners and prevent developers from building the skyscrapers and flats that the modern economy demands. The resulting high rents and house prices make it hard for workers to move to where the most productive jobs are, and have slowed growth.

The soaring cost of housing has created gaping inequalities and inflamed both generational and geographical divides. In 1990 a generation of baby-boomers, with a median age of 35, owned a third of America's real estate by value. In 2019 a similarly sized cohort of millennials, aged 31, owned just 4%. Young people's view that housing is out of reach—unless you have rich parents—helps explain their drift towards "millennial socialism".

Publisher: The Economist
Twitter: @TheEconomist
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Free exchange - Economists grapple with rising American mortality | Finance and economics | The

The health-care industry has also redistributed income upwards. Doctors represent 16% of the top 1%, and 6% of the top 0.1%, of the American income distribution. Costs are much higher than in other countries, and outcomes are worse. Employer-provided health benefits soak up an ever-greater share of worker compensation, which might otherwise be paid as higher wages. The burden of benefits encourages firms to outsource jobs, leading to more insecure, dead-end sorts of employment.

Mr Putnam's analysis is suggestive rather than conclusive. Although some social pathologies, such as a turn toward nationalism and xenophobia, have spread globally, nothing like America's mortality crisis can be found in other rich countries. If he is right, they must not have experienced the same weakening of collective institutions and sentiments.

Publisher: The Economist
Twitter: @TheEconomist
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