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Popular Science Thursday, September 11, 2014 - 10:02 Source

Mention time travel at a nerd party, and other guests will immediately respond with a grim conundrum: What happens if a time traveler goes back in time and kills one of his ancestors? This is the “Grandfather Paradox.” In a simulated environment, a team of mathematicians tested the paradox, and made a remarkable discovery: In time travel simulations, at least, history repeats itself.

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Popular Science Thursday, September 11, 2014 - 10:02 Source

A Japanese patient with severe eye disease is set to become the first person to be treated with induced pluripotent stem cells, Nature News reports. Cells of this type have been considered promising for future treatments since their creation eight years ago, which was itself a milestone. This human test is set to be a historic moment in biotechnology.

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MacroBusiness Thursday, September 11, 2014 - 09:57 Source

Morgan Stanley slapped a short on FMG in late July which has worked quite well (it was $4.60 then versus $3.92 yesterday). Today they upgrade: Fortescue has slipped below our target price so we are upgrading our rating to EW. Our house view that the iron ore index price will recover, and if it does recover, FMG can […]

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MacroBusiness Thursday, September 11, 2014 - 09:34 Source

From the AFR: Australia’s major banks could be hit with a ratings downgrade and find it more expensive to borrow money in overseas markets if their bond-holders are forced to incur losses in the event of bank failures, according to Fabienne Michaux, head of Standard & Poor’s Ratings Services Australia and New Zealand. “One of […]

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MacroBusiness Thursday, September 11, 2014 - 09:12 Source

From Fairfax: A man feared to have contracted the potentially deadly Ebola virus is being rushed to the Gold Coast University Hospital, according to reports. The man, from Southport on the Gold Coast, returned from The Congo in Africa two days ago and had been seriously ill fsince, emergency crews have told The Gold Coast Bulletin. […]

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MacroBusiness Thursday, September 11, 2014 - 08:51 Source

For those of you that don’t know, Sheila Bair is the former Chairperson of the U.S. Federal Deposit Insurance Corporation (FDIC) and something of a hero of the GFC given her FDIC never bought into the new age drivel of Greenspan & Co about derivatives mitigating bank risk. She has some good advice for Australia today. […]

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MacroBusiness Thursday, September 11, 2014 - 08:39 Source

By Leith van Onselen The Reserve Bank of New Zealand (RBNZ) this morning released its monetary policy statement for September, which has left the official cash rate (OCR) unchanged at 3.50%, but also lowered its forward guidance for rate rises. The RBNZ also warned on the New Zealand dollar “remains unjustified and unsustainable” and faces […]

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Popular Science Thursday, September 11, 2014 - 08:32 Source

The goal behind the Arizona State University project is to help a runner (or more specifically, a soldier) run a 4 minute mile. This translates into a sustained speed of 24.14 km/h, which is actually pretty fast. These sort of speeds are only possible to achieve for elite runners and the world record currently stands at 3:43.13. But how can the average Joe runner, or a soldier weighed down by gear, achieve these speeds? With a jetpack of course!

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Public Opinion Thursday, September 11, 2014 - 08:06 Source

The Australian Security Intelligence Organisation (Asio) has signalled that the terrorism threat level in Australia could be raised to high from medium. The rhetoric is that of manufactured fear is about a death cult over there posing a threat in this country.

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MacroBusiness Thursday, September 11, 2014 - 08:03 Source

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MacroBusiness Thursday, September 11, 2014 - 07:50 Source

From Westpac: The Westpac-Melbourne Institute Unemployment Expectations Index rose 2.1% in Sep following on from a –3% decline in Aug,–0.3% in Jul and –1.1% in Jun. Recall that a lower reading from the index indicates reduced concern around the labour market. This is the first rise in six months leaving the index 6.0% below its […]

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MacroBusiness Thursday, September 11, 2014 - 07:27 Source

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The Tally Room Thursday, September 11, 2014 - 07:15 Source

Maungakiekie3-NATcandMaungakiekie is a marginal National seat in the inner south-east of Auckland.

The electorate has been held by National MP Sam Lotu-Iiga since 2008, and he currently holds the seat by a 5.7% margin.

The seat was held from 1999 to 2008 by Labour, and is the kind of seat Labour would be hoping to win if they were on track to form government.

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MacroBusiness Thursday, September 11, 2014 - 06:56 Source

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MacroBusiness Thursday, September 11, 2014 - 05:53 Source

Weeoo, weeoo, weeoo: It takes two graphs to put the current mini-panic over the iron ore price into perspective, to realise that Australian miners should eventually do quite nicely out of the present shakeout. That’s with the obvious caveat that first they have to survive the rationalisation. Some won’t. That’s unfortunate for the marginal mines’ […]

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Thursday, September 11, 2014 - 02:08 Source

Having lost, in a single day, every vote in South Australia by giving our traditional beheaders billions to build our submarines, and having learned with horror that Gillard is guiltless of everything and MH 17 may have been shot down by the Ukrainians not the Russians, and MH 370 could be anywhere, absolutely anywhere, in a quarter of the world, and Putin was coming to Brisbane ready or not, the Liberals planned a distraction,which was rapidly announced by the handsome, tongue-speaking, feverish madman Scott Morrison He would not now imprison children for a hundred years on Nauru, he told the frowning Press Club happily, but enslave them

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Thursday, September 11, 2014 - 01:22 Source

It will be interesting to see how well the G20 is protected from explosive attack now we know some ‘terrorists’ live only thirty miles away, in Logan, and how many nations will come it to it now, in the light of this. It will be remembered that ‘Osama Bin Laden’ got within a few yards of George Bush’s hotel in 2007, and what a goose Howard looked then, and what a laughing-stock Australia. It may be these overdiligent Logan coppers have caused Abbott, world statesman, some inconvenience; or…there may be something else afoot.

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MacroBusiness Thursday, September 11, 2014 - 00:50 Source

From the AFR: Seven Group Holdings chief executive Don Voelte has raised fresh questions about the viability of $70 billion worth of gas export plants in Gladstone, warning the economics of the industry had become tougher and coal seam gas remained difficult to extract. While the former Woodside Petroleum boss stressed he wished the three massive […]

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North Coast Voices Thursday, September 11, 2014 - 00:27 Source

Coal seam and tight gas exploration and wannabee production mining company, Metgasco Limited made a 20 minute speech at the RUI Good Oil Conference in Perth on Wednesday 10 September 2014, complete with a 10 slide power point presentation titled Rosella – lessons learnt.Although the presentation did not make clear what lessons Metgasco thought it had taken from the sustained community opposition to its aim to establish gas fields on the NSW North

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North Coast Voices Thursday, September 11, 2014 - 00:15 Source

News.com.au 8 September 2014

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MacroBusiness Thursday, September 11, 2014 - 00:01 Source

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Digitopoly Wednesday, September 10, 2014 - 23:18 Source

It was almost impossible to miss Apple’s product announcements yesterday. The usual new iPhones but also an Apple Watch that itself offers fascinating innovations in the user interface; but that is something that I’ll look at another day.

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Popular Science Wednesday, September 10, 2014 - 21:12 Source

Atmospheric Dive Suits (ADS) are required for dives below three hundred feet. The ADS is a human-shaped hard shell enclosing diver so they can breathe air at normal pressure. ADS become more sophisticated in some ways over the last century, but they still have primitive lobster-like claws called prehensors rather than hands.

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Popular Science Wednesday, September 10, 2014 - 21:12 Source

“Can you imagine a color you’ve never seen?” Jeffrey Tibbetts asks, looking directly into the Skype camera. We would like to think that we can, of course, that our imaginations are limitless. But the answer, no matter how much we skirt around it, is actually “no.” However, Tibbetts insists that he himself can see another color. He, along with several friends, is part of a homegrown experiment where he has attempted to alter his vision to see in the infrared, which humans can’t usually see.

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Popular Science Wednesday, September 10, 2014 - 21:12 Source

Remember last week when the U.S. National Institutes of Health asked American scientists, "Pls check yer vials!"? (We're paraphrasing.) Apparently, the agency has taken its own advice to heart. In a search of its own facilities, they found forgotten bottles containing ricin--a potent poison--as well as vials of organisms that cause botulism, plague and other illnesses, the Associated Press reports.

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Popular Science Wednesday, September 10, 2014 - 21:12 Source

A reader recently wrote to Popular Science asking for advice on a... unique problem:

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Popular Science Wednesday, September 10, 2014 - 21:12 Source

On July 17th, Malaysian Airlines flight MH-17 from Amsterdam to Kuala Lumpur fell out of the sky over eastern Ukraine. The crash killed everyone on board the plane, including 15 crew members and 283 passengers. Today, less than two months after the fact, the Dutch Safety Board published their preliminary investigation into the crash.

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Popular Science Wednesday, September 10, 2014 - 21:12 Source

In a convention center in Chicago, there's a living-room-sized 3-D printer that's just finished printing the parts for a driveable plastic car. The engineers working on the car -- including those involved in developing the plastic, the printer, and the car design -- are hoping to have something ready to drive off the premises by the end of the week.

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Popular Science Wednesday, September 10, 2014 - 21:12 Source

Congress is back in session and getting right down to work on pressing science and technology issues like education funding, Net neutrality and ... oh wait. Actually, the House is holding a hearing on Wednesday to discuss a new law to manage resource mining in space: the ASTEROIDS Act (PDF).

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Popular Science Wednesday, September 10, 2014 - 21:12 Source

The celestial tango is only temporary, meant to give Rosetta time to figure out the right place to land on the oddly shaped rock (sometimes lovingly referred to as the Rubbery Ducky comet). But in the meantime, it has also afforded the spacecraft with a unique opportunity: getting some really killer photographs of an asteroid. OSIRIS, Rosetta’s scientific imaging system, has taken a number of high-resolution images of 67P since its arrival, and they reveal the comet to be a truly multidimensional world.

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