Hackers take aim at the GSM

Photo sxc.huW next six months promises to be a wave of hacking into mobile phones. Hackers Group focuses its efforts on chinese food Hotels compare discount breaking the security code of the GSM system, which uses about 3 billion people around the world.

Immutability of Japan

Photo: Everett Kennedy Brown, the PAP / EPAKiedy last year began a great recession, the fate of Japan was often cited as a serious warning to the West. If the United States and the European Union failed to bring an appropriate policy - said - that can wait for them "lost decade" in the Japanese style, to be followed by years of weak growth.

Swiss banks are expecting to avoid inquiry

AFP senior Swiss bankers are convinced that they can avoid a devastating investigations of their activities, carried out by U.S. authorities as a result of a tax dispute with UBS. In an interview with the FT two senior management staff, one of Credit Suisse, the second of Julius Baer said it is optimistic.

Central banks below zero

Border scratch is one of the biggest myths of monetary economics. This means that interest rates may not fall below zero, because otherwise people gathering cash. Entire generations of central bankers considered it as equivalent to zero degrees Kelvin - the lowest temperature theoretically possible.

We will reduce number of banks and bonuses

George Osborne unless policies must be right: the government should impose a limit on the amount of bonuses for bankers. But wait: executive director of financial services supervisory authority (FSA) Hector Sants also certainly have some arguments, he contends that it is not the task of government to set the wages. Politicians in London and not just trying to solve Squaring the circle.

Magic correlation All we want to learn about the correctness of the world around us, but in this process sought the lot of traps. Discovery of fictitious correlation is one of them. In nature, in everyday life, whether in business on a daily encounter with the idea of correlation. For example, the higher the oak, the trunk has a diameter larger. This is an example of positive correlation. In turn, the higher the position one holds, the less of a physical. Is an example of negative correlation.  However, world that surrounds us, is largely filled by a random event, and only certain phenomena are cause and effect, or in some other way correlated with each other. For this reason, it is very difficult indeed to distinguish between the phenomenon of self-dependent phenomena, commonly occurring on the case. As noted in various places in the world, combining a specific president or prime minister with strong economic growth may be extremely coincidental. Before we decide on the termination of a court the relationship between the two events, and we will carefully consider whether committed one of the three types of errors.

Russia gives Cuba 150 million dollars Cuba, Russia has granted a loan of EUR 150 million dollars for the purchase of agricultural and construction equipment and has signed cooperation agreements with Cubans in the mining and fishing - on Wednesday informed the Cuban media.   Women negotiate better than men Yael Itzhaki of Tel Aviv University has conducted an experiment in which it is clear that women are better negotiators than men business. Economist collected 554-member group of management students from Ohio State University, New York and Israel.

More... Chinesee economy regains vigor

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