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Artificial intelligence redefines weather forecasting: A new era in weather prediction may be on the horizon

Artificial intelligence's next influences might be coming to weather forecasts. There's a new study showing the possibilities of what it could bring to meteorol ....

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The Economic and Fiscal Effects of the Obama Tax Plan

Abstract: On January 1, 2013, the Bush tax cuts will expire and other new taxes that congressional leaders have recognized would damage the economy will take effect. President Barack Obama’s proposal to increase taxes on only “high-income earners” would also be economically destructive, reducing economic output by an average of $196 billion per year over 2013–2022 relative to current tax policy. Congress and the President would better serve the country by reforming the tax code in a pro-growth, revenue-neutral way and by reducing federal spending. ....

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Why Bank Capital Matters - Federal Reserve Vice Chair For Supervision Michael S. Barr, At The American Enterprise Institute, Washington, D.C. (Virtual)

<p><span>In my first speech as Vice Chair for Supervision in September, I said that the Federal Reserve Board would soon engage in a holistic review of capital standards. My argument, then and now, is that our review of regulatory policy must be a periodic feature of bank oversight. Banking and the financial system continuously evolve, and regulation must adapt to address emerging risks. Bank capital is strong, but in doing our review, we should and are being humble about our ability—or that of bank managers—to predict how a future financial crisis might unfold, how losses might be incurred, and what the effect might be on the financial system and our broader economy. That humility, that skepticism, will serve us well in crafting a capital framework that is enduring and effective. It will help make sure that we do not lose the hard-fought gains in resilience over the past decade and that we prepare for the future.</span></p> ....

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ECA and UN Namibia train experts on macroeconomic modelling in Namibia | United Nations Economic Commission for Africa

Swakopmund, Namibia, 16 September 2022 (ECA) -The ECA collaborating with UN Namibia and the Government of the Republic of Namibia convened a workshop on Macroeconomic Modelling for Forecasting and Policy Simulation, towards Economic Transformation and the Acceleration of the SDGs in for Namibia on 13 – 16 September 2022, in Swakopmund Namibia.Speaking on behalf of the ....

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