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Sunday, 15 January

20:26

Boiling Point 20 Jan 2017 "GroovUs Feed Anews"

Fulgurites and Smithsonian butterflies

Summer thunderstorms and Rom-coms set Tim wondering; can lighting really produce glass? Turns out the answer is YES and that glass is called a Fulgurite….

And Chantelle shared her last Panama adventure, with an interview conducted in the steamy Butterfly Research Laboratory of the Smithsonian Tropical Research Institute http://www.si.edu/ResearchCente…/Tropical-Research-Institute

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Heliconius caterpillar

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Heliconius Melpomene

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Heliconius cydno

Boiling Point will return at 6pm on Tuesday 17 January – join us on your wireless at 89.7FM or tune into the live stream at http://eastsidefm.org

#eastsideradio...

20:21

Japan and Australia to Strengthen Defence Ties "GroovUs Feed Anews"

Japanese Prime Minister Shinzo Abe talks as Australian Prime Minister Malcolm Turnbull listens during a media conference after their bilateral meeting at Kirribilli House in Sydney, Australia, January 14, 2017. REUTERS/Chris Pavlich

Japanese Prime Minister Shinzo Abe talks as Australian Prime Minister Malcolm Turnbull listens during a media conference. Credit: Reuters/Chris Pavlich

Sydney: Japanese Prime Minister Shinzo Abe met his Australian counterpart Malcolm Turnbull in Sydney on Saturday where the pair agreed to deepen defence ties and stressed the importance of the Trans-Pacific Partnership (TPP).

Abe’s visit comes amid heightened regional tension in the South China Sea and fears US president-elect Donald Trump will push ahead with his pledge to kill the trade agreement once he takes office on January 20.

“We have confirmed our commitment to the rule of law, free trade and open markets in our region,” Turnbull told reporters at a joint press conference.

Abe said the increasingly uncertain geopolitical landscape made the relationship between Japan and Australia more important than ever.

“It is important to guard and increase the robustness of the free, open and rules-based international order,” Abe said.

Both leaders spoke of their desire to see the TPP ratified, despite opposition from Trump.

The 12-member pact aims to cut barriers in some of Asia’s fastest-growing economies, but it does not include China.

Without US approval the agreement cannot come to fruition.

Following bilateral talks, the two leaders announced the signing of an Acquisition and Cross-Servicing Agreement (ACSA), which will increase cooperation in combined military exercises, training and peace-keeping operations. The agreement is expected to be finalised by the end of 2017.

The announcement comes nearly nine months after Australia chose a French bid over a Japanese design for a new fleet of submarines.

The loss of the $40 billion contract was a major blow for Abe’s ambitions to develop Japan’s defence export capabilities as part of a more muscular security agenda.

Japan, as well as Australia, is looking to protect its strategic and trade interests in the Asia-Pacific region, especially as China becomes increasingly assertive in...

16:08

Humanity In Crisis, Part 4: Trashing Our Planet "GroovUs Feed Anews"

The Bobolas family had been been hoarding for over 26 years. Their Bondi Beach, Sydney, home (above) was then forcibly sold in 2016, so the council could recover approximately $160,000 in cleaning costs. The council probably sent the trash to the Bronte tip (below). by Dee McLachlan In cities across the globe you get hoarders. […]

08:39

MY FAVORITE BRUNETTE: THE BOND GIRLS "GroovUs Feed Anews"


Martine Beswick was the second actress (after Eunice Gayson) to appear in two James Bond films. There was a third and that actress will be identified in a future post, although hardcore Bond fans should already know the answer.

Beswick played Zora, a gypsy girl in FROM RUSSIA WITH LOVE (1963). Her screen time is limited but memorable as she's featured in Bond's visit to a gypsy camp and the subsequent gun battle that occurs there. Beswick got more screen time in THUNDERBALL (1965), in which she played Bond's assistant, Paula Caplan. She also appeared in several Hammer films including ONE MILLION YEARS B.C. (1966), PREHISTORIC WOMEN (1967) and DR. JEKYLL AND SISTER HYDE (1971). 


07:24

Seeing the quantum future… literally "IndyWatch Feed Tech"

Scientists at the University of Sydney have demonstrated the ability to “see” the future of quantum systems, and used that knowledge to preempt their demise, in a major achievement that could help bring the strange and powerful world of quantum technology closer to reality.

The applications of quantum-enabled technologies are compelling and already demonstrating significant impacts — especially in the realm of sensing and metrology. And the potential to build exceptionally powerful quantum computers using quantum bits, or qubits, is driving investment from the world’s largest companies.

However a significant obstacle to building reliable quantum technologies has been the randomisation of by their environments, or decoherence, which effectively destroys the useful quantum character.

Read more

06:00

Kawasaki teams up for 2017 ride days "GroovUs Feed Anews"

Kawasaki Motors Australia teams up with Champion’s Ride Days in 2017 to offer a range of road motorcycles for customers to hire at their track ride days.

The Queensland-based company has 18 years of experience with track days throughout Australia, hosting up to 120 events this year with the addition of NSW and NT venues.

Now it teams up with Kawasaki to not only offer green machines for riders, but to also host their Kawasaki Team Green Australia Track Ride Day events.

Kawasaki teams up with Champion's Ride Days for 2017Kawasakis begin arriving at Champion’s Ride Days HQ

National Sales and Marketing Manager of Kawasaki Motors Australia, Robert Walker, says the partnership which will provide Champion’s Ride Days customers with “the opportunity to ride a range of formidable Kawasaki motorcycles”.

Previous Team Green events have included a range of Kwakas from a Z125 PRO, Versys 650L and Ninja H2R to more classic Kawasaki motorcycles including a 1976 Kawasaki Z1000.

Champion history

Champion’s Ride Days started when now managing director Scott Osborne was racing, says Nicole Osborne, Sales and Marketing Manager of Champion’s Ride Days.

“He found that there were limited opportunities and it was difficult to find safe ways to practice, so he wanted to start a company that focused on safety and its alignment with riding on a track,” she says....

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Saturday, 14 January

17:00

The Weekend Quiz – January 14-15, 2017 – answers and discussion "GroovUs Feed Anews"

Here are the answers with discussion for this Weekend’s Quiz. The information provided should help you work out why you missed a question or three! If you haven’t already done the Quiz from yesterday then have a go at it before you read the answers. I hope this helps you develop an understanding of modern monetary theory (MMT) and its application to macroeconomic thinking. Comments as usual welcome, especially if I have made an error.

Question 1:

The money supply is often defined to be the sum of currency on issue and demand deposits held in banks. The value of money always declines if the money supply rises.

The answer is False.

The question requires you to understand: (a) the difference between bank reserves and the money supply; and (b) the Quantity Theory of Money.

The mainstream macroeconomics text book argument that increasing the money supply will cause inflation is based on the Quatity Theory of Money. First, expanding bank reserves will put more base money into the economy but not increase the aggregates that drive the alleged causality in the Quantity Theory of Money – that is, the various estimates of the “money supply”.

Second, even if the money supply is increasing, the economy may still adjust to that via output and income increases up to full capacity. Over time, as investment expands the productive capacity of the economy, aggregate demand growth can support the utilisation of that increased capacity without there being inflation.

In this situation, an increasing money supply (which is really not a very useful aggregate at all) which signals expanding credit will not be inflationary.

So if nominal demand kept increasing beyond the capacity of the real economy to absorb it via increased production then the result will be inflation and the “value” of the dollar would start to decline.

The Quantity Theory of Money which in symbols is MV = PQ but means that the money stock times the turnover per period (V) is equal to the price level (P) times real output (Q). The mainstream assume that V is fixed (despite empirically it moving all over the place) and Q is always at full employment as a result of market adjustments.

In applying this theory the extreme mainstream position is to deny the existence of unemployment. The more reasonable mainstream economists admit that short-run deviations in the predictions of the Quantity Theory of Money can occur but in the long-run all the frictions causing unemployment will disappear and the theory will apply.

In general, the Monetarists (the most recent group to revive the Quantity Theory of Money) claim that with V and Q fix...

10:56

My Leonard Cohen "GroovUs Feed Anews"

‘My Leonard Cohen’ was the toast of the Edinburgh Fringe Festival 2016, with sold-out shows and rave reviews from critics and fans alike. The show returns to Sydney at the Sydney Opera House, Playhouse from Monday February 6 2017.

Performed by Stewart D’Arrietta and a six-piece band, featuring some of Australia’s best rock musicians. D’Arrietta’s musical interpretations are gutsy and arresting and the stories he tells give an insight into Cohen’s life and the motivations behind the songs with a sprinkling of laconic humour. In MY LEONARD COHEN, Stewart and his band perform 18 songs including the heartrending Suzanne. The iconic Tower of Song, the seductive I’m Your Man the rousing Hallelujah, Dance Me To The End of Love, Bird on A Wire, “So Long Marianne” plus many more.

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Few bodies of musical work rouse, seduce and are of such great solace as that of the great singer songwriter Leonard Cohen. Soulful lyrics are laced with raw emotion and sheer seductiveness. D’Arrietta’s arrangements add an uplifting, upbeat feel.

Producer, Harley Medcalf added “Seeing the raw emotion in Stewart from Mr. Cohen’s passing, and knowing how he deeply loves this music, I felt driven to ask Stewart to perform this very special tribute at the Opera House”

For two decades, Stewart D’Arrietta and his collaborators have brought their own musical personality to the works of great songwriters, including Tom Waits, John Lennon and Randy Newman, and have received praise for shows in Australia and overseas.

D’Arrietta on piano and vocals is accompanied by a veritable ‘who’s who’ of Australia’s best rock musicians.

Expect Cohen’s best – all delivered as you’ve never heard them before.

...

Thursday, 12 January

21:53

Council to consider the Wallaby Scrub Road closure at the February meeting. Bulga Milbrodale Progress Association

Once again Rio Tinto makes a move to close the Wallaby Scrub Road and to expand their open cut Warkworth coal mine towards the village of Bulga, reports Singleton Argus today:
Council confirms they will consider Rio Tinto’s new application to close Wallaby Scrub Road at their February meeting: 2017

Singleton Council’s Manager Executive Projects, Gary Thomson, says they recently received a formal application to close Wallaby Scrub Road from Rio Tinto.

“Council is currently considering the application as required by the Roads Act, and a report will be prepared for Council’s meeting in February,” he explains.

 

Local residents supported by many users of the historic Wallaby Scrub Road staged a three-month long vigil in protest against the Rio Tinto plans to close the road. They are not convinced by the weasel words of the Rio’s spokesman:

“MTW is committed to working with the community, Bulga residents, Singleton Council and the NSW Government to ensure a strong future for the village and for the mine and the economic benefits it generates.”

It is pretty hard to see any future for Bulga next to an expanding giant dusty hole that will eventually morph into a toxic final void.

The post Council to consider the Wallaby Scrub Road closure at the February meeting. appeared first on Bulga Milbrodale Progress Association.

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