Trump and Sanders win primaries, a cure for jet lag and why contemplating death changes how you think

Technology Eye | Feb. 10, 2016

Donald Trump, the New York tycoon running for the Republican presidential nomination, and Bernie Sanders, the rival to Hillary Clinton in the Democratic contest, won decisive victories in Tuesday’s New Hampshire primaries, underscoring the populist mood that has radically upended the 2016 White House race. (FT)

In the news

Deutsche mulls bond buyback

Deutsche Bank is considering buying back several billion euros of its debt, as Germany’s biggest bank steps up efforts to shore up the tumbling value of its securities against the backdrop of a broader rout of financial stocks . (FT)

EU probes suspected bond market rigging

Regulators in Europe have opened a preliminary cartel investigation into possible manipulation of the $1.5tn government-sponsored bond market, in the latest efforts to root out rigging involving financial traders. The inquiry comes amid revelations that the US and UK authorities are also investigating the market. (FT)

Bank bosses should be charged

That’s the recommendation of Phil Angelides, who chaired the commission that produced the US government report on the global financial crisis. In a letter to the US attorney-general, Mr Angelides challenges authorities to take action against senior executives for misconduct leading to the recession before the 10-year statute of limitation expires. (FT)

Saudis considering ground troops in Syria

The kingdom is discussing plans to deploy troops with regional allies, including Turkey, for a safe zone in Syria. It marks a last-ditch effort to keep alive the rebellion, which is at risk of collapse under a Russian-backed assault by Syrian regime forces. Western officials have dismissed the plans as lacking credibility. (FT)

Court v climate

The US Supreme Court has struck a damaging blow to President Barack Obama’s effort to leave a legacy of action on climate change by ordering a halt on implementing the centrepiece of his plans . (FT)

Japan bond yields turn negative

The yield on the benchmark, newly issued 10-year Japanese government bond entered uncharted territory on Tuesday, dipping to minus 0.035 per cent. The decline below zero followed the Bank of Japan’s decision on Jan. 29 to set a negative interest rate on deposits it holds for commercial banks. (NAR)

It’s a big day for

Rate watchers

Fed chair Janet Yellen will appear before a congressional panel to begin two days of testimony where she will deliver the bank’s semi-annual Monetary Policy Report. Here are five things to watch . (WSJ)


The company is set to announce full-year earnings results for 2015 amid growing concern from investors and users about the future of the social media platform. (Recode)

Food for thought

The UK and the EU need each other

Brexit would be folly — for both sides, argues Martin Wolf. “The UK needs a voice in Europe . Europe also needs the UK to have that voice. It is a relationship of the head not of the heart. But it is still one very much worth having.” (FT)

Newspapers: writings on the page

Even for an industry accustomed to financial beatings, 2015 was brutal for the newspaper business. With advertising revenues plummeting and increased competition from online and social media, the pressure is on to reinvigorate the business model of news . (FT)

A cure for jet lag

Researchers at Stanford University have found that exposing volunteers to short “camera flashes” of light as they slept reset their body clocks, helping them quickly adjust to new time zones . (The Guardian)

Hanergy and China’s corporate debt spiral

For a few short months, Chinese entrepreneur Li Hejun became the richest man in China. FT reporters tell the story of the dramatic rise of his solar energy company, and what it says about levels of corporate debt in one of the world’s biggest economies. (FT Podcast)

The one who got away

Last year, four ageing thieves stole $20m in gold, jewellery and gems from Hatton Garden Safe Deposit in central London. They were caught, but now one of them says the “brains” of the operation — a lanky, red-haired man visible on security footage — was a former police officer who recruited them for the heist and has since disappeared. (NYT)

Why contemplating death changes how you think

The very idea of death changes our thoughts in profound ways. It makes us more nationalistic, prejudiced and politically polarised. The reason: we seek a kind of immortality by defending and reinforcing our cultural norms and communities . (BBC)

Video of the day

More gloom for Deutsche Bank?

Germany’s biggest lender has suffered a continued sell-off in its shares and bonds. Why has Deutsche Bank suffered more than its peers , and what is its chief executive doing to reassure investors? The FT’s financial editor Patrick Jenkins explains in 90 seconds. (FT)

SOURCE: World Economic Forum

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