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The most important fault line runs between a bloc of countries that includes the US, the UK and Switzerland and one that includes Germany, France and Japan.
hooch
The first group is enthusiastically behind a substantial increase in capital ratios coupled with a more conservative assessment of what counts as capital, tough liquidity rules and a new simple leverage ratio.
hooch
The second group is more attached to the pre-eminence of the current risk-based approach and wants the leverage ratio to have a much less important role in governing banksâ balance sheets.
"participants scoring in the bottom quartile on tests of humor, grammar, and logic grossly overestimated their test performance and ability" - meanwhile, people with true knowledge tended to underestimate their competence.
" .. of the 53 women who appear regularly on air for Fox, an unnaturally large proportion - two-thirds - are blonde or near-blonde. Even the non-blondes on Fox News are unmistakably Fox News, because almost all come with the same chiselled chin-lines, big hair, radioactive lip gloss and glowing conservatism."
They've been called "wicked problems." (by Horst Rittle) They've been called "ill- structured problems." (by Ian Mitroff) I call them "social messes." (after Russell Ackoff, who simply refers to them as "messes")
hooch
What they are not is merely problems. Problems have solutions. Messes do not have straightforward solutions.
"The wings of many large-winged insects such as butterflies and many plant surfaces remain dirt-free without chemical detergents or expending energy, simply by how their complex surface topography interacts with the physics of water molecules. Lotusan® exterior coating uses these same micro-structural principles to regain its cleanliness automatically after the mere rinse of a rain shower"
Wentworth is an electorate where the number of baristas is neck and neck with the number of barristers. The seat has sweeping views of the harbour as well as Sydney's famous Bondi Beach. It also contains one of Sydney's larger sewage outlets at North Bondi, meaning this is truly an electorate where the effluent meets the affluent.
two beams of protons ... travelling in clockwise and counterclockwise directions at 99.999999 per cent of the speed of light, within feet of Circle line passengers stuck in perpetual immobility.