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World Youth Championships 2016: Round 7 (World Chess Federation)

Edit Public Technologies 30 Sep 2016
(Source ... Round 7 ... 32.Qe2+? White wins after 32.Qe3+! Kd7 33.Rxf7+ Kc8, and now 34.Rxc7+! Kxc7 35.Nb5+, and the rest is a matter of technique ... 30…h3+ 31.Kf1 e4! 32.Nxe4 Ne5 33.Qe3 Qxf3 34.Rg1? (after 34.Qxf3 Nxf3 35.Ke2 Ng5 36.f3 f5 37.Rg1 Nf7 Black ends up with an extra piece, but the text-move loses much more) 34…Qd1+ 35.Qe1 Qd3+ 36.Qe2 Qb1+ 37.Qe2 Qxb5+ 38.Qe2 Qb1+ 39.Qe1 Qxe1+, and White resigned in view of 40.Kxe1 Nf3+ and …Nxg1 ... P....

The Fed's independence is threatened, and there may not be anything it can do about it

Edit Business Insider 22 Sep 2016
Federal Reserve Board Chair Janet Yellen testifies on Capitol Hill in Washington, Thursday, Feb. 11, 2016, before the Senate Banking Committee hearing on. 'The Semiannual Monetary Policy Report to the Congress.'. When you say “Independence Day” to most Americans, they think of the Fourth of July ... The U.S ... The U.S ... (Quantitative easing, or “QE4,” is certainly possible, even though there’s little evidence that QE2 and QE3 achieved much.) ... ....

United States capture Olympiad gold in controversial circumstances

Edit The Guardian 16 Sep 2016
Both the US and Ukraine scored 20/22 match points, with Russia third on 19 ... 1 e4 c6 2 d4 d5 3 e5 Bf5 4 Nf3 e6 5 Be2 Nd7 6 O-O Bg6 7 a4 Ne7 8 a5 a6 9 b4!? Nf5 10 c3 f6 11 Bf4 fxe5 12 dxe5 Be7 13 g4 Nh4 14 Nd4 Bf7 15 Bg3 h5? 16 gxh5 Qc7 17 Bg4! Rh6 18 f4 c5 19 bxc5 Qxc5 20 Kh1 O-O-O 21 Nd2 Rdh8 22 Qe1! Bxh5 23 Bxe6 Be8 24 f5! Bd8 25 Rf4 g5 26 Rf2 Bc7 27 Qe3 Kb8 28 f6 Nf8 29 Bg4 Nhg6 30 N2b3 Qa7 31 f7 1-0 ... Recommended ... ....

Mainstream Economics Is Trapped In a Time Warp

Edit Real Clear Politics 16 Sep 2016
The first was, obviously, the Great Recession; the second in 2012, where the US economy suddenly and sharply slowed (panicking Bernanke into QE3 and then QE4), Europe fell back into "recession", while the Chinese economy decelerated considerably from what looked like more normal to a quasi-state between that and zero; the third inflection was the ......

Federal Reserve may deliver another September surprise

Edit Business Insider 08 Sep 2016
Federal Reserve Chairman Janet Yellen adjusts her glasses as she testifies on Capitol Hill in Washington, Tuesday, June 21, 2016, before the Senate Banking Committee. Yellen said the U.S ... So, you know, no pressure ... Spencer Platt / Staff / Getty Images ... In September 2013, then Fed Chair Ben Bernanke shocked the world with a surprise "no taper" decision, deciding to keep the now expired QE3 bond purchase program at full power ... One wonders ... ....

Draghi nears his QE3 as ECB seen relying on more stimulus

Edit The Times of India 06 Sep 2016
By Jeff Black & Andre Tartar. If at first you don't succeed, extend, and then extend again ... Draghi's position is reminiscent of the one Ben Bernanke faced in 2012 when the then-chair of the U.S.Federal Reserve added his third installment of asset purchases, socalled QE3, and promised to keep going as long as necessary ... "There is no point in postponing this decision." ... in Newcastle, England ... Share your feedback here ... ....

Draghi Nears His QE3 as ECB Seen Relying on Ever-More Stimulus

Edit Bloomberg 04 Sep 2016
If at first you don’t succeed, extend, and then extend again ... That would take the asset-buying program beyond its current end-date of March 2017 and above the target of 1.7 trillion euros ($1.9 trillion) ... Draghi’s position is reminiscent of the one Ben Bernanke faced in 2012 when the then-chair of the U.S. Federal Reserve added his third installment of asset purchases, so-called QE3, and promised to keep going as long as necessary ... ....

Caution the key word in exchanges

Edit Deccan Herald 03 Sep 2016
Chess Checks. Beginners generally tend to exchange the pieces at the slightest chance in the hope that these exchanges would somehow prevent their opponents from exercising checkmates ... White ... ..b5 ... He could have considered18...Nc5 19.Nec1 exf4 20.Bxf4 Ne619.Rxe2 exf4If 19...Be7 20.f520.Bxf4 Nde5If 20...Nce5 21.Nd4 Qc4 22.Qe3 Rxa2 23.Rc1 Qa6 24.Rec2 Ra1 25.Bf1! Rxc1 26.Qxc1 with advantage for White21.Rc2White can also think of 21.Rc121 ... .....

More QE From Japan May Precede The Next Fed Hike

Edit Forbes 31 Aug 2016
Last Thursday, everyone was awaiting the Friday Jackson Hole speech from Janet Yellen. I suggested that, while all eyes were on Yellen, maybe Haruhiko Kuroda (the head of the BOJ) would steal the show. "he could conjure up some Bernanke style QE3. Not a bad bet to be long USD/JPY [...] ... ....

A Peek at More Than Three Decades of Jackson Hole Economic Gabfests

Edit Bloomberg 25 Aug 2016
The annual Jackson Hole Economic Symposium is upon us, running Aug. 25-27 this year on the topic of "Designing Resilient Monetary Policy Frameworks for the Future." The Federal Reserve Bank of Kansas City began hosting the conference at Jackson Lake Lodge in Wyoming more than three decades ago ... Source. Federal Reserve Bank of Kansas City. Volcker attends a session at the 1982 Jackson Hole symposium ... The next month he announced QE3 ... ....

New York confimed as venue for Magnus Carlsen’s match with Sergey Karjakin

Edit The Guardian 12 Aug 2016
The Fulton Market was for nearly 200 years the site of the city’s fish market ... 1 e4 e5 2 Nf3 Nc6 3 Bb5 a6 4 Ba4 Nf6 5 O-O Be7 6 Re1 b5 7 Bb3 O-O 8 a4 b4 9 d3 d6 10 a5 Be6 11 Bxe6 fxe6 12 Nbd2 d5 13 c3 Bd6 14 d4 bxc3 15 bxc3 exd4 16 cxd4 dxe4 17 Nxe4 Bb4 18 Bd2 Nxe4 19 Rxe4 Qd5 20 Bxb4 Qxe4 21 Bxf8 Rxf8 22 Rc1 h6 23 Qd2 Rb8 24 Qe3 Qd5 25 h3 Rb4?? 26 Qc3 Nxd4 27 Qxb4 Ne2+ 28 Kh1 1-0 ... ....

For the next 10 years, I would rather invest in India than in US: Marc Faber

Edit The Times of India 10 Aug 2016
The valuations of emerging markets are more attractive than in the US and if one were to take a 10-year horizon, investors are likely to make more money here, said Marc Faber, editor and publisher of "The Gloom, Boom & Doom Report" ... Edited excerpts. ... Do you maintain that a QE4 is on the way?. The US terminated QE3 a while ago and that was replaced by monetary easing methods like asset purchases in Japan and in the EU (European Union)....

For the next 10 years, I would rather invest in India than in US: Marc Faber, Editor, The Gloom, Boom & Doom Report

Edit The Times of India 09 Aug 2016
The valuations of emerging markets are more attractive than in the US and if one were to take a 10-year horizon, investors are likely to make more money here, said Marc Faber, editor and publisher of "The Gloom, Boom & Doom Report" ... Edited excerpts. ... Do you maintain that a QE4 is on the way?. The US terminated QE3 a while ago and that was replaced by monetary easing methods like asset purchases in Japan and in the EU (European Union)....
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