Word: accounting
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What might help us better use economic forecasts, then, is to more explicitly take into account the limits that come with any forecast. You wouldn't find an economist publishing a paper in a journal without margins of error around the data - and yet we routinely drop such nuance when we talk about economic variables in public conversation. "One of the things that gets lost is the fact that there are ways of trying to assess errors in forecasts," says Robert Eisenbeis, a former researcher at the Atlanta Fed who is now chief monetary economist at the money-management firm...
Muszynski, Josh • dismay of after checking bank account online and finding that use of debit card by to purchase a pack of cigarettes resulted in a charge of more than $23 quadrillion...
...Even the touchy subject of fishing rights could be overcome. Iceland has long jealously guarded the sovereignty of the lucrative, 200-mile (320-km) fishing zone around the island. Fish and seafood account for 37% of Iceland's exports, and employ 8% of the work force; even ardent Euro-enthusiasts are loath to see their prime natural resource fall under the sway of the E.U.'s controversial Common Fisheries Policy (CFP). But while Reykjavik cannot expect an exemption, it could negotiate special protocols to take account of the importance of the fishing sector to the nation...
Breaking the Silence claims in its report to have been contacted by soldiers, most of whom "are still serving in their regular military units and turned to us in deep distress at the moral deterioration of the IDF." The group admits that there are gaps in the accounts it published but says the testimonies nonetheless question the credibility of the IDF official account. The group suggests that the killing of civilians was not simply a product of individual mistakes or "delinquent" soldiers but that they resulted from a "systemic problem...
...murder, a 600-page report that she had helped research was released by Russian human-rights groups. The report exhaustively documents atrocities committed by all sides during the two Chechen wars and concludes that there is sufficient evidence to demand that Putin, among other officials, be held to account for war crimes carried out while he was in power...