Bond yields spiked aggressively as investors awaited Wednesday's inflation data for October.

Europe's response to the US Inflation Reduction Act 27 March 2023 — 2:00PM TO 3:15PM Anonymous (not verified) 9 March 2023 Chatham House and Online

This event explores the implications of the US Inflation Reduction Act, how Europe can respond and what options the UK has.

While the US Inflation Reduction Act (IRA) has led to an outcry in the EU, member states have different concerns and preferences for how to respond. The European Commission’s proposed ‘Green Deal Industrial Plan’ includes the relaxation of state aid rules to drive funding. But will this lead to a ‘subsidies race’ between the US and EU and is a ‘green trade war’ brewing?  
 
The UK’s response to the IRA has been much more muted than the EU’s. But caught between US subsidies and EU subsidies, can the UK compete and create an independent response to the IRA? And what steps can be taken to facilitate global cooperation and to make trade work for the green transition?

Dr Martin Porter, Executive Chair at the Cambridge Institute for Sustainability Leadership, will kick off the discussion with short remarks followed by an interactive discussion among all participants

This discussion is part of the Chatham House Global Trade Policy Forum. We would like to take this opportunity to thank our founding partner and supporting partners for their generous support of the forum.  

Gabriele Benedetti, Johanna Bimmermann and Kai Zehmisch
Proc. Amer. Math. Soc. 152 (), 5367-5372.
Abstract, references and article information

Mingkun Yang
Nov 24, 2020; 0:RA120.002144v1-mcp.RA120.002144
Research

Aspergillus flavus (A. flavus), a pathogenic fungus, can produce carcinogenic and toxic aflatoxins that are a serious agricultural and medical threat worldwide. Attempts to decipher the aflatoxin biosynthetic pathway have been hampered by the lack of a high-quality genome annotation for A. flavus. To address this gap, we performed a comprehensive proteogenomic analysis using high-accuracy mass spectrometry data for this pathogen. The resulting high-quality dataset confirmed the translation of 8,724 previously-predicted genes, and identified 732 novel proteins, 269 splice variants, 447 single amino acid variants, 188 revised genes. A subset of novel proteins was experimentally validated by RT-PCR and synthetic peptides. Further functional annotation suggested that a number of the identified novel proteins may play roles in aflatoxin biosynthesis and stress responses in A. flavus. This comprehensive strategy also identified a wide range of post-translational modifications (PTMs), including 3,461 modification sites from 1,765 proteins. Functional analysis suggested the involvement of these modified proteins in the regulation of cellular metabolic and aflatoxin biosynthetic pathways. Together, we provided a high quality annotation of A. flavus genome and revealed novel insights into the mechanisms of aflatoxin production and pathogenicity in this pathogen.

Attendance and login records show that Ohio's Electronic Classroom of Tomorrow was paid for 9,000 students more than it should have been, according to a state audit.

Federal watchdogs find that Utah inflated its high school graduation rate in the last of a series of reports warning states not to make end runs around the rules for calculating graduation rates.

Experts are working on a unique experiment that will use an inflatable aeroshell/heat shield to protect a spacecraft when entering a planet's atmosphere or returning to Earth

There might be a need for an economic theory to accurately forecast inflation.

The rise in prices under the Biden administration proved fatal for Kamala Harris’s election hopes.

Flathead catfish — native to the Mississippi River basin — were first detected in the Susquehanna River in Pennsylvania in 2002, according to the U.S. Geological Survey. In the two decades since then, the invasive species has spread throughout the river basin. The impact of the large predator on the waterway’s food webs and ecology was unknown, but now a team including researchers from Penn State is beginning to understand what Susquehanna flatheads are eating and how their presence is affecting native aquatic species in the river.

There was positive rental growth in all provinces despite tenants feeling the pinch due to challenging economic conditions, according to the latest Payprop Rental Index.

Shares of Bidcorp, the food services giant founded by Brian Joffe, jumped almost 5% on Tuesday after it reported a record revenue performance for the four months to end October, including an "excellent" result from SA.

Argentine inflation has dipped to 193%, landing below the 200% threshold for the first time in close to a year, data from statistics agency INDEC showed on Tuesday, as President Javier Milei's dramatic austerity agenda bears fruit.

Record 56 people have so far died on the France-Britain route across the Channel in 2024.

Noted Kannada actor and director Guruprasad was found dead in his Bengaluru apartment today, the police said.

1. Inflation in nearly half of major states outgrows India's Oct CPI; price pressure steepest in Chhattisgarh  Moneycontrol
2. Retail inflation surges to a 14-month high of 6.2% in October  The Times of India
3. If we exclude vegetable prices, CPI inflation remains in RBI's range: UBI research  The Economic Times
4. Rising food prices are likely to push back beginning of rate cutting cycle  The Indian Express
5. India confident of reaching USD 100 billion trade volume with Russia ahead of 2030 timeline: S Jaishankar  Telegraph India

As disease rates rise and medical technology develops, treatment costs climb. It’s essential to understand that medical costs are not exclusively associated with hospitals. The cost of prescription drugs, diagnostic procedures, ambulance and operating room fees, consultations with doctors, and other costs are also constantly increasing. All of them could put a big strain on […]

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Regards,

MT.

BUENOS AIRES, Argentina — Argentina’s inflation slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of President Javier Milei who came to power almost a year ago promising to pull Argentina out of a dire economic crisis. Argentina’s statistics agency on Tuesday reported October’s number. In September, inflation was 3.5%. READ: Recession-hit Argentina gripped by ‘Ponzidemia’ On an annual basis, inflation in October was 193% compared to 209% reported in September. Milei has trumpeted falling prices in recent months as a victory in his fight against Argentina’s worst economic crisis in […]...

Keep on reading: Argentina's monthly inflation drops to 2.7%, lowest level in 3 years

1. India's CPI Inflation In October 2024 Jumps To 14-Month High Of 6.2%; IIP Grows 3.1% In September  News18
2. Retail inflation surges to a 14-month high of 6.2% in October  The Times of India
3. Retail inflation jumps to 14-month high of 6.21 per cent, breaches RBI tolerance level  Telegraph India
4. Rising food prices are likely to push back beginning of rate cutting cycle  The Indian Express
5. Rate cut unlikely even in February, inflation to dip January onwards: SBI research  The Economic Times

British wage growth excluding bonuses fell in the third quarter to its lowest in over two years, official data showed on Tuesday, potentially boosting the Bank of England’s confidence that inflation pressures will continue to ease. Average weekly earnings, excluding bonuses, were 4.8 per cent higher in the three months to the end of September […]

Asia and the Pacific’s developing economies are projected to grow 5.0% this year on the back of resilient domestic demand and strong export growth, particularly in the electronics sector.

Photographer Matjaz Krivic has been charting the effects of lithium mining on locals in the world's largest salt flat in Bolivia since 2016

Title: Main Dishes May Fall Flat After Stellar Appetizers
Category: Health News
Created: 8/21/2015 12:00:00 AM
Last Editorial Review: 8/24/2015 12:00:00 AM

Title: Will Inflation Cut Back on Your Health Care?
Category: Health News
Created: 8/8/2022 12:00:00 AM
Last Editorial Review: 8/8/2022 12:00:00 AM

Title: Here's How the Inflation Reduction Act Will Lower the Cost of Health Care
Category: Health News
Created: 8/17/2022 12:00:00 AM
Last Editorial Review: 8/17/2022 12:00:00 AM

BACKGROUD:Lung volume measurements are important for monitoring functional aeration and recruitment and may help guide adjustments in ventilator settings. The expiratory phase of airway pressure release ventilation (APRV) may provide physiologic information about lung volume based on the expiratory flow-time slope, angle, and time to approach a no-flow state (expiratory time [TE]). We hypothesized that expiratory flow would correlate with estimated lung volume (ELV) as measured using a modified nitrogen washout/washin technique in a large-animal lung injury model.METHODS:Eight pigs (35.2 ± 1.0 kg) were mechanically ventilated using an Engström Carescape R860 on the APRV mode. All settings were held constant except the expiratory duration, which was adjusted based on the expiratory flow curve. Abdominal pressure was increased to 15 mm Hg in normal and injured lungs to replicate a combination of pulmonary and extrapulmonary lung injury. ELV was estimated using the Carescape FRC INview tool. The expiratory flow-time slope and TE were measured from the expiratory flow profile.RESULTS:Lung elastance increased with induced lung injury from 29.3 ± 7.3 cm H2O/L to 39.9 ± 15.1cm H2O/L, and chest wall elastance increased with increasing intra-abdominal pressures (IAPs) from 15.3 ± 4.1 cm H2O/L to 25.7 ± 10.0 cm H2O/L in the normal lung and 15.8 ± 6.0 cm H2O/L to 33.0 ± 6.2 cm H2O/L in the injured lung (P = .39). ELV decreased from 1.90 ± 0.83 L in the injured lung to 0.67 ± 0.10 L by increasing IAP to 15 mm Hg. This had a significant correlation with a TE decrease from 2.3 ± 0.8 s to 1.0 ± 0.1 s in the injured group with increasing insufflation pressures (ρ = 0.95) and with the expiratory flow-time slope, which increased from 0.29 ± 0.06 L/s2 to 0.63 ± 0.05 L/s2 (ρ = 0.78).CONCLUSIONS:Changes in ELV over time, and the TE and flow-time slope, could be used to demonstrate evolving lung injury during APRV. Using the slope to infer changes in functional lung volume represents a unique, reproducible, real-time, bedside technique that does not interrupt ventilation and may be used for clinical interpretation.

October marked the "biggest" sales month for supermarkets in the UK so far despite food price hikes.

Mike Waltz, the man reportedly tapped for the top international role inside the Trump White House isn’t just predicting the impending defeat of Canada’s Trudeau government: He’s celebrating it.

This week, I’m rerunning some popular posts while we put the finishing touches on DCI’s new 2024-25 Economic Report on Pharmaceutical Wholesalers and Specialty Distributors.

The article below highlights an underappreciated consequence of the Inflation Reduction Act’s inflation rebates for Medicare Part B drugs. Last night, I posted an updated analysis showing that the volatility in seniors' coinsurance rates continues. For the fourther quarter of 2024, coinsurance rates for 51 drugs increased, while rates for only 19 drugs decreased. What's more, rates for 17 drugs returned to their original 20% level. Click here to see our original post from May 2024.

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Contrary to what you may have heard, the Inflation Reduction Act’s (IRA) inflation rebates for Medicare Part B drugs do not always save money for seniors.

As we document below, a growing share of Part B drugs have inflation-adjusted coinsurance rates that have been increasing, not declining. In many cases, the coinsurance rate declines only briefly before rebounding back to the standard 20% rate. What’s more, these fluctuations have triggered huge jumps in patients’ out-of-pocket obligations for some drugs—even when a drug’s costs were falling.

Chalk off these coinsurance surprises to yet another unintended consequence of the IRA. Seniors who are expecting to see costs drop may find they are instead being taken for a rollercoaster ride.
Read more »

Jun 5, 2024

Harvard Kennedy School hosted Leah Stokes, Anton Conk Associate Professor of Environmental Politics at UC Santa Barbara, to discuss how the historic Inflation Reduction Act succeeded where so many previous climate bills failed.

Flatbed Cider Co. offers two all new hand-crafted ciders made from the apples and pears that made the Northwest famous. Look for our Crisp Apple Cider and Pear Cider at restaurants and retailers throughout Washington State and Oregon.

Grand National-winning jockey Graham Lee cites weight issues as his main reason for switching codes to Flat racing.

Global credit rating agency Fitch Ratings on Monday forecast that inflation in India would touch Reserve Bank of India's (RBI) medium term target range of two-six per cent by end 2018.

With declining oil prices and widespread anxiety over the impact of demonetisation, the key Indian equity market indices opened flat on Thursday.

Key Indian equity market indices opened flat on Friday following global cues.

Reserve Bank of India Governor Shaktikanta Das on Wednesday said that although the central bank had shifted towards a softer neutral monetary policy stance to spur growth, this did not mean that an interest rate cut would happen immediately

The Indian stock market closed flat on Friday as selling was seen in the auto, PSU bank, financial service, metal, and realty sectors at the end of trading.

Sensex was trading at 79,584.29 after rising 88.14 points or 0.11 per cent, while Nifty was trading at 24,172.95 after rising 31.65 points or 0.13 per cent.

India's retail price inflation, based on the Consumer Price Index (CPI), rose to 6.21 per cent in October as higher prices of food items such as vegetables spiked during the month, figures released by the Ministry of Statistics on Tuesday showed.

1. Retail inflation surges to a 14-month high of 6.2% in October  The Times of India
2. Retail inflation jumps to 14-month high of 6.21 per cent, breaches RBI tolerance level  Telegraph India
3. Rising food prices are likely to push back beginning of rate cutting cycle  The Indian Express
4. Consumer inflation at 14-month high of 6.2%  Hindustan Times
5. Rate cut unlikely even in February, inflation to dip January onwards: SBI research  The Economic Times

During President Biden’s address to the nation, he garnered bipartisan applause as he warned Russia that more coordinated measures were coming in response to its invasion of Ukraine. He also laid out ways to help tame inflation. Photo: Pool/Reuters

As the cost of groceries, clothing and electronics have gone up in the U.S., prices in Japan have stayed low. WSJ’s Peter Landers goes shopping in Tokyo to explain why steady prices, though good for your wallet, can be a sign of a slow-growing economy. Photo: Richard B. Levine/Zuma Press; Kim Kyung Hoon/Reuters