Wednesday, November 30, 2011

Green space controversy grows

The controversy over the so-called 'Green Space' in the CAP reform proposals is growing: Green Space

A somewhat embattled farm commissioner, Dacian Ciolos, is insistent that the proposals do not amount to set aside. As farm as farm organizations are concerned, if it walks like a duck and talks like a duck ...

The farm lobby is up in arms over this proposal and are citing food security arguments advanced by the G20. However, this is not a straightforward food security/productionism versus the environment argument. I am concerned that the Commission has devised a rather blunt policy instrument that would not be very effective in achieving its objectives and would have too many unintended consequences.

Admittedly some of the more subtle policy instruments in Pillar 2 have not always worked well in terms of additionality, i.e., achieving something that would not have been achieved without spending public money. Devising policy instruments that make a difference without too many side costs is not easy, but the effort needs to continue.

The linked report also refers to the enhanced role of the European Parliament in the decision-making process. This may be an advance for democracy, but not necessarily for coherent policies and effective reform.Any source

Event Recap- Goldman Sachs Global Investment Research



On the Monday before Thanksgiving, we were fortunate enough to have with us a panel of professionals from the Global Investment Research division at Goldman Sachs. The panelists represented both Equity and Credit research segments of the division, and offered us some great insight into Research as a prospective career path. Nona and Abhi kicked off the event with a market update, choosing to keep us updated on the Foreign Exchange Market and BP's new growth strategy.

After the update, Abhi moderated a great discussion with the panelists. They each gave us a brief introduction of themselves and explained why they chose to research their specific asset class and industry. In general, those who chose to focus on equity loved the everyday volatility of markets and weighing the influence of news related shocks with their fundamental analysis. Credit, on the other hand, uses a completely different set of formulas to evaluate companies (fixed income models and yield curves), which means that excitement comes from a different perspective than Equity analysis. Overall, the panel provided a ton of useful information on a path that very few consider against more conventional options in finance.

If you're interested in Research, of any type, be sure to follow up with Goldman Sachs about summer opportunities. Great event leading up to a most bountiful Thanksgiving.
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Paysage d'hiver. Jeu de vocabulaire en ligne

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Pour rejouer, cliquez sur ce lien: Paysage d'hiver




Recherche personnalisée
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LAFD 'Ready Reserve Fleet' Deployed in Response to Wildfire Danger

Strike Teams Arrive at October 2008 wildfire in Sepulveda Pass. © Photo by Mike Meadows, click to view more...LOS ANGELES - In response to escalating wildfire danger, Los Angeles Fire Chief Brian Cummings has ordered augmented staffing of LAFD’s "Ready Reserve Fleet" to ensure communities historically prone to wildfire are provided optimal protection.

The Los Angeles Fire Department was notified earlier this week by the National Weather Service that weather conditions through Friday, December 2, 2011 could lead to dangerous wildfire behavior in and near the City of Los Angeles.

As a result of this information, additional firefighting resources were put in place prior to 8:00 PM on Wednesday, November 30, 2011 and will remain in service until further notice.

Augmenting the LAFD’s daily deployment will be an extra:
  • 18 Engine Companies
  • 6 Brush Patrols
  • 1 Battalion Command Team
  • 1 Water Tender
  • 1 Bulldozer Strike Team
Additionally, there will be an extra 9-1-1 Dispatcher at the Fire Department Communications Center, an Emergency Incident Technician assigned to work alongside each Battalion Chief, and a Chief Officer specially assigned to coordinate swift and effective Air Operations.

The dynamically staffed "Ready Reserve Fleet" is central to Chief Cummings' recently enacted deployment plan, allowing LAFD to respond rapidly to areas of greatest need in times of crisis.


Submitted by Brian Humphrey, Spokesman
Los Angeles Fire Department
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The Chinese Plateau