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Relationship value and economic value are evaluated by the same part of the brain — ScienceDaily

Wishing a friend happy birthday or spending a long period of time listening to their problems signifies commitment to the friendship. In other words, these actions serve as commitment signals (*1) and it is known that people value their relationships more with others who behave this way towards them.

Researchers from several Japanese universities have revealed that the orbitofrontal cortex, the part of the brain responsible for calculating economic value, is also responsible for judging the value of relationships with friends based on the received commitment signals.

The research group consisted of Professor OHTSUBO Yohsuke (Graduate School of Humanities, Kobe University), Professor OHIRA Hideki (Graduate School of Informatics, Nagoya University), Aichi Medical University’s Lecturer MATSUNAGA Masahiro (and the Department of Health and Psychosocial Medicine research team), and Lecturer HIMICHI Toshiyuki (Kochi University of Technology).

These findings were published in the online edition of ‘Social Neuroscience’ on September 25.

Main Points

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China’s Xi Jinping spotlights Shenzhen as future for economic growth, Hong Kong given back seat

China’s President Xi Jinping praised the tech-hub city of Shenzhen in a landmark speech on Wednesday, leaving some puzzling over the future of nearby Hong Kong, as China’s traditional global foothold.

Xi said Shenzhen, often dubbed China’s Silicon Valley and home to tech giants Huawei and Tencent, was making “historic leaps” and “achieving miracles.”

He also announced that the area would be given more leeway to pursue opening-up reforms and become a “model city for a strong socialist country.”

Once a small fishing village adjacent to Hong Kong, Shenzhen is now home to about 13 million and was transformed in 1980 by veteran Chinese leader Deng Xiaoping, after he designated it a “Special Economic Zone,” carving out capitalist privileges in the staunchly communist country.

Retracing Deng’s footprints 40 years later during his own southern tour this week, Xi announced Shenzhen would again become a testing ground for foreign investment and

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Freight rail boosts region’s economic growth

The unprecedented period of uncertainty we have gone through in recent months makes many of us wonder if anything is truly reliable. However, despite all we have suffered through this year, a select few institutions are continuing to push our economy toward a robust recovery — including our tried-and-true rail system that has continued to keep our supply lines open during one of the most challenging times in our nation’s history.



a train with many cars driving on a race track


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Freight railroads have been an important part of southwestern Pennsylvania since they were first invented in the 1800s, and two local household names helped build the rail industry that we know today: Andrew Carnegie and George Westinghouse. These two visionaries laid the foundation for our rail system and served as leading innovators in the rail-supply industry. As a result of their efforts, railroads and Pittsburgh helped each other grow.

That history continues today.

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NASA efforts had a $65 billion economic impact last year, agency report shows

NASA’s first economic impact report suggests that the agency generated nearly $65 billion in economic impact during fiscal year 2019, with much of that activity coming from the Artemis program to return astronauts to the moon by 2024.



NASA's Space Launch System rocket, or SLS, is just one piece of the agency's "moon to Mars" initiative.


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NASA’s Space Launch System rocket, or SLS, is just one piece of the agency’s “moon to Mars” initiative.

The agency released the report (which covers the period between Oct. 1, 2018 to Sept. 30, 2019) as it continues negotiations for its fiscal 2021 budget. That 2021 budget request by the Trump administration calls for a 12% increase for the agency to $25 billion, including a substantial contribution to Artemis for a planned 2024 astronaut landing on the moon. That budget has not been approved yet, as both the House and Senate continue markups of their versions of the bill. On Sept. 30, the Senate averted a government shutdown

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Trump’s economic advisor was caught on camera slamming the president’s ‘crappy’ debate performance



Stephen Moore wearing a suit and tie: Stephen Moore. Samuel Corum/Getty Images


© Samuel Corum/Getty Images
Stephen Moore. Samuel Corum/Getty Images

  • A senior economic advisor to Trump was filmed slamming his debate performance.
  • Stephen Moore told a pro-Trump event that his performance against Biden was “crappy,” in footage published by Huff Post.
  • Moore spoke at an event in Washington organised by pro-Trump group FreedomWorks.
  • Trump has previously praised Moore as “a great pro-growth economist and a truly fine person”
  • Visit Business Insider’s homepage for more stories.

An economic advisor to Donald Trump was filmed describing his performance in the recent debate against Joe Biden as “crappy” in newly-released footage from earlier this month.

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Stephen Moore, who Trump has previously described as “a great pro-growth economist and a truly fine person”, made the remarks earlier this month at the Election Protection Summit in Washington organised by pro-Trump group FreedomWorks.

“It was not a great performance by Trump; in fact, I thought

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Mohali centre develops technology for eco-friendly, economic farming method : The Tribune India

Vijay Mohan

Tribune News Service

Chandigarh, October 11

The Centre for Development of Advanced Computing (C-DAC), Mohali, has developed the technology for aquaponic cultivation of plants, which is not only environment-friendly but also has high socio-economic benefits for the farming community.

Aquaponics is an emerging technique in which both fish as well as plants complement each other to sustain and grow. The fish waste provides organic food for plants and the plants naturally filter the water which is used to replenish the fish tank. There is no requirement for the use of soil and fertilisers.

“The process is completely organic, increases the productivity of the given land, saves water and also augments the farmers’ income,” Dr PK Khosla, director C-DAC, said, adding: “The technology has been developed and suitable protocols have been evolved for scientists and farmers,” he added.

A pilot project to develop the technology was awarded to C-DAC

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Will Bitcoin Make A Good Investment? Economic Uncertainty (Cryptocurrency:BTC-USD)

In our previous analysis, we discussed one primary reason that Bitcoin will make a good long-term investment as the price is likely to go up and stabilize once institutions gain SEC-regulated access. Fidelity and the NYSE-founded Bakkt are two examples of platforms that will influence the first phase of bitcoin’s broader adoption. These two platforms have not yet launched, but a new supply-and-demand dynamic will occur when institutional investors can access cryptocurrencies.

The next phase for Bitcoin stability and price support will hinge on the eroding trust in fiat currencies – both globally and also from younger generations who are digital natives with good reason to seek alternatives outside of the fiat system.

Global Unrest Sees Bitcoin as Alternative to Fiat Currency

Economists have discussed the effects of going off the gold standard during Nixon’s presidency ad nauseum, yet this has been a futile conversation in the past as there

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