Tag Archives: effect

UMD Study: Fiscal Cliff Could Trigger Deep Recession, Fear of Cliff Has Cut GDP Already

COLLEGE PARK, Md. – The so-called “fiscal cliff” has already begun dampening the U.S. economy – even before it officially kicks in – and by year’s end will have cut 2012 GDP an estimated six-tenths of one percent, says a new study conducted by researchers at the University of Maryland’s Interindustry Forecasting Project (Inforum).

The study, called Fiscal Shock: America’s Economic Crisis, is one of the first to look beyond the first year effects of the combined federal spending cuts and tax increases. It projects an escalating impact into 2014 and beyond, as “multiplier” effects of fiscal contraction kick in. (more…)

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NASA/WHOI Voyage Set to Explore Link Between Sea Saltiness and Climate

A NASA-sponsored expedition is set to sail to the North Atlantic’s saltiest spot to get a detailed, 3-D picture of how salt content fluctuates in the ocean’s upper layers and how these variations are related to shifts in rainfall patterns around the planet.

The research voyage is part of a multi-year mission, dubbed the Salinity Processes in the Upper Ocean Regional Study (SPURS), which will deploy multiple instruments in different regions of the ocean. The new data also will help calibrate the salinity measurements NASA’s Aquarius instrument has been collecting from space since August 2011. (more…)

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Global Expansion All About Give And Take, Study Finds

EAST LANSING, Mich. — The key to successful global business expansion is spreading operations across multiple countries, rather than trying to dominate a region or market, according to a new study led by Michigan State University researchers.

In addition, since global expansion is costly for service industries, manufacturing industries will profit most, said Tomas Hult, director of MSU’s International Business Center.

Led by Hult and Ahmet Kirca, associate professor of marketing, the study is the largest ever conducted to examine the effect of multinationality on firm performance, Hult said. It incorporates data from nearly 48,000 firms. (more…)

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Tiny Amounts of Alcohol Dramatically Extend A Worm’s Life, But Why?

Minuscule amounts of ethanol, the type of alcohol found in alcoholic beverages, can more than double the life span of a tiny worm known as Caenorhabditis elegans, which is used frequently as a model in aging studies, UCLA biochemists report. The scientists said they find their discovery difficult to explain.

“This finding floored us — it’s shocking,” said Steven Clarke, a UCLA professor of chemistry and biochemistry and the senior author of the study, published Jan. 18 in the online journal PLoS ONE, a publication of the Public Library of Science. (more…)

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