Is the new double-decker Airbus vulnerable to sudden drops in cabin pressure? That’s the kind of problem suspected in this summer’s crash of a Helios Airways plane that killed all 121 people on board.
The former chief engineer for the company that designed the microchips controlling the motors that runs the pressure valves thinks so. The [...]

As people may have noted, last weekend Tobias and I were in Stockholm. One of the topics I wanted to post on but couldn’t was the latest Human Development report from the UN. There was plenty of press coverage: here, here, and here
There was even coverage in the blogs, but the tone seemed to [...]

at the expense of the airlines. (Don’t miss the more serious Europe-stuff in the posts below.)
Mark A.R. Kleiman summarizes a recent experience flying the friendly skies:
In general, the performance of every United employee I dealt with today convinced me that the airline has identified its basic strategic problem as an excess of customers; I plan [...]

Sorting through some old books yesterday, I came across one from Amin Maaloof that I hadn’t looked at in years. So I dusted it off, and started thinking about this post.
The English title of the book is “In the Name of Identity“, but the French title “Les Identit?s meurtrieres” (Lethal Identities?) or the Catalan [...]

Morgan Stanley team members Steven Jen and Eric Chaney (joined by Takehiro Sato and David Miles) debate today the interesting question of whether the eurozone economies have entered a liquidity trap (LT). Those who have no idea what one of these would look like could do worse than read Paul Krugman’s classic article on the [...]

I don’t know if we have a lot of crossover readers from Tapped, but in the context of otherwise mostly reasonable remarks in two posts about the London bombings, they missed something important.

Read more… or Read more right here… »
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I’m not very happy with the ‘US Trade Figures‘ post I put up last Friday. I think it’s a glorious mess. The key to the problem is that I tried to deal with two - interrelated but disinct - topics at once: the euro and China trade. So today lets ignore the [...]

Last Monday I had some ironing to do. Then I remembered that television still has one advantage over surfer-blogging: you can do the ironing at the same time. Of course the upcoming referendum was on several channels. I could not stand more than 20 minutes of it though (neither the ironing nor [...]

The euro reached its lowest level against the dollar in seven months last week dropping from a valueof $1.311 a month ago to $1.255 on Friday. This was the lowest level since last October. Undoubtedly there are a confluence of factors at work here: yesterday’s French growth numbers, longer term stagnant growth [...]

The ECB met earlier today to conduct the monthly review of interest rate policy. It came as a surprise to noone that the outcome was to leave everything just as it is. Surprisingly though the decision this month is surrounded by a little more controversy than has been the case of late since Italy’s Berlusconi [...]