Month: May 2014

May 23, 2014 0

Amazon to Increase Robots from 1,400 to 10,000 by End of 2014; Day in the Life of a Robot

By News Desk

Please consider Bezos expects 10,000 robots at Amazon warehouses by 2015 Amazon.com plans to aggressively expand its use of robots at it warehouses in 2014, rolling out 10,000 of them by the end of 2014. Chief Executive Jeff Bezos told investors at Amazon’s annual shareholders meeting Wednesday that the company has about 1,000 robots picking products today. The robots are made by Kiva Systems, a company Amazon purchased two years ago for $775 million in a bid to further automate its warehouses

May 23, 2014 0

Cooking Tol

By News Desk

May 22, 2014 at 5:10 am Bob Ward ( http://blogs.lse.ac.uk/politicsandpolicy/archives/41855 ) wrote: “Despite numerous requests, Professor Tol has so far failed to make available the details of these aggregations so that I might check them for further errors.†Please note that the 2009 paper (Tol, Richard S J. 2009. “The Economic Effects of Climate Change.†Journal of Economic Perspectives, 23(2): 29-51) lists Free University Amsterdam, The Netherlands as one of the affiliated institutes

May 21, 2014 0

Thailand’s "Operation Valkyrie"

By News Desk

They have threatened to kidnap and/or kill  Thai Royal Army Commander-in-Chief Gen Prayuth Chan-ocha’s twin daughters.  On the eve of February 2014 general elections, the "red shirts" carried out a   brazen broad-daylight  assassination  of  NGO worker, activist, and protest leader Sutin Taratin.    Regime militants carried out a grisly attack in the eastern province of Trat that left scores maimed  and a five-year old girl dead  and a  similar attack carried out in Bangkok that left many maimed  along with  a woman and two children killed .

May 20, 2014 0

Debate Over Fed’s Exit Strategy Continues: Bernanke vs. Dudley vs. Yellen

By News Desk

Today, the Financial Times reports NY Fed President Floats Change to Exit Strategy One of the US Federal Reserve’s most influential officials has called for a change to its exit strategy from easy monetary policy. William Dudley, president of the New York Fed, said the central bank should keep reinvesting in its mortgage portfolio until after it raises interest rates. The current exit strategy calls for stopping reinvestment before rates go up.