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Business & Economics

Comment on Russia’s interest rate cut on lower-than-expected inflation

The Russian central bank lowered its key interest rate by 0.25 percentage points to 9.75 percent on Friday, citing lower inflation and economic recovery. “The Board of Directors notes that the inflation slowdown overshoots the forecast. Inflation expectations continue to decline and economic activity recovers,” the bank said in a statement. The Russian central bank […]

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Business & Economics Society

Stricter Smoking Ban from March in Shanghai

SMOKING will be banned in all indoor public venues and workplaces in Shanghai from March next year. The ban will cover hotels, restaurants, offices, airports, railway stations and entertainment venues after a new smoking regulation was approved by the Shanghai People’s Congress Standing Committee yesterday. Under the new regulation, hotels cannot have rooms designated for […]

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Science & Technology

Physics Investigation: The Rotational Speed of a Windmill and Distance

A windmill is a mill that converts the energy of wind into rotational energy by means of vanes called sails or blades, according to Wikipedia. In Physics’ perspective, it converts the wind energy from the air into the kinetic energy on its blades so that they move. When it rotates, it does a centripetal motion. […]

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Society

Chinese Council Should Collect Recyclables from People’s Houses

I think that our local council should collect paper, plastic and recyclables from our houses directly. Currently, in Shanghai, most communities that run recycling projects ask people to bring their garbage to a center in the community. And this is one of the reason why only a few people support and do recycling. First, unlike […]

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Business & Economics

Emissions Trading: Good or Bad

Emissions trading is a government-mandated, market-based approach to controlling pollution by providing economic incentives for achieving reductions in the emissions of pollutants. A governmental allocates a limited number of permits to discharge specific quantities of a specific pollutant per time period. Polluters are required to hold permits in amount equal to their emissions. Polluters that […]

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Society

The True World

I watched The Truman’s Show, a really great film that was worth to see, last night. The film attracted and touched me in various ways: the evil and horrible director, Truman with unswerving determination, the people around the world who all cares about his life…… However, the film not only makes me think about what […]

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Business & Economics Society

Microcredit: Helps or Worsens

Microcredit, which is a kind of small loan for the poor to help them set their own businesses and get rid of poverty, has experienced an explosive growth in the last decade. Except the non-government organizations, finding a commercial opportunity in microfinance, some for-profit companies have received a huge amount of investment in recent years. […]

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Science & Technology Society

The Savant Syndrome

Introduction Definition: Savant Syndrome is a condition in which persons with various development disabilities but astonishing special islands of ability or brilliance. Origin and history: It was first named Idiot Savant in 1887 by Dr. J. Langdon Down. However, the term Idiot Savant is replaced by Savant Syndrome now. It was used to describe people […]