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Archive for 14. August 2018

Artificial intelligence tool ‚as good as experts‘ at detecting eye problems

Posted by hkarner - 14. August 2018

Date: 13-08-2018
Source: The Guardian

Machine-learning system can identify more than 50 different eye diseases and could speed up diagnosis and treatment

The AI system developed by DeepMind with Moorfields eye hospital and University College London is capable of referring patients with 94% accuracy.

A new machine-learning system is as good as the best human experts at detecting eye problems and referring patients for treatment, say scientists.

The groundbreaking artificial intelligence system, developed by the AI-outfit DeepMind with Moorfields eye hospital NHS foundation trust and University College London, was capable of correctly referring patients with more than 50 different eye diseases for further treatment with 94% accuracy, matching or beating world-leading eye specialists.

“The results of this pioneering research with DeepMind are very exciting and demonstrate the potential sight-saving impact AI could have for patients,” said Prof Sir Peng Tee Khaw, the director of the NIHR Biomedical Research Centre at Moorfields eye hospital and the UCL Institute of Ophthalmology. Den Rest des Beitrags lesen »

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‘Revolution Française’ Review: The March of Macron

Posted by hkarner - 14. August 2018

Date: 13-08-2018
Source: The Wall Street Journal

In the span of one year, Macron created his own political party, took out his rivals on the left and the right, and became president of France. Philip Delves Broughton reviews “Revolution Française” by Sophie Pedder.

French President Emmanuel Macron at Versailles.

The presidency of France’s Fifth Republic was tailored for Charles de Gaulle. Subsequent presidents have tried to alter it to their own personalities, with varying degrees of success—the jacket billows out, the pants sag around the knees. But when Emmanuel Macron burst from political obscurity and into office in 2017, he seemed to throw out de Gaulle’s old threads and replace them with his own slim-cut navy suit, the uniform of France’s young professional class.

In the span of one astonishing year, from 2016 to 2017, Mr. Macron created his own political party, La République en Marche, and took out his rivals on the left and the right. He out-campaigned and raised more money than the stagnant major parties. He canvassed voters door to door, a technique that may be standard in many countries but is an act of scandalous populism in France. And he used digital databases to identify potential voters, something Paris’s political barons considered too outrageously modern. On the night of his election, Mr. Macron was 39 years old. Den Rest des Beitrags lesen »

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Poland’s Dictatorship of Myth

Posted by hkarner - 14. August 2018

Sławomir Sierakowski, founder of the Krytyka Polityczna movement, is Director of the Institute for Advanced Study in Warsaw and a fellow at the Robert Bosch Academy in Berlin.

After passing a controversial law proscribing any mention of Polish complicity in crimes committed by the Nazis in World War II, Poland’s populist government is now backpedaling. But as a new amendment shows, history by legislation inevitably abuses the past.

WARSAW – There is no escaping history in Poland. At an abruptly convened session in late June, the Polish Sejm (the lower house of parliament) rushed through an amendment to the Act on the Institute of National Remembrance, reversing another amendment that had been adopted in January of this year. Effective immediately, attributing blame to Poland for World War II-era Nazi crimes would no longer be punishable by three years in prison.

The ruling Law and Justice Party’s (PiS) rapid defanging of its own “memory law” comes as no surprise. The original legislation invited international outrage, especially from Israel. Even US President Donald Trump – usually a close friend to Poland’s nationalists – indicated that he would not meet with Polish leaders until the crisis was resolved. Den Rest des Beitrags lesen »

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Turkish Lira Plunges Further; Erdogan Fails to Assuage Investors

Posted by hkarner - 14. August 2018

Date: 13-08-2018
Source: The Wall Street Journal

Lira falls as much as 10%, shaking emerging markets world-wide

Turkey’s currency plunged again Monday, rattling other vulnerable emerging markets, as a defiant speech from President Recep Tayyip Erdogan and policy moves from the nation’s central bank failed to assuage investors about the country’s perilous financial condition.

The lira fell as much as 10% in early Monday trading to as low as 7.131 against the U.S. dollar, according to FactSet. It later pared some of the losses but President Erdogan’s fiery tone hit the currency again, leaving it down 6.95% lower at 6.91 against the dollar.

The lira is down more than 40% this year, battered by concerns about the NATO member’s political and economic stability and a continuing trade spat with the U.S.

“We will not retreat from our position,” Mr. Erdogan told a conference in Ankara, adding Turkey wouldn’t allow the U.S. “to lay its hands on achievements we gained at the cost of blood.”

As part of a plan announced earlier Monday, Turkish authorities made efforts to boost liquidity in the market, lowering the amount of reserves local lenders must park with the central bank. The move should help inject about 10 billion liras, $6 billion and $3 billion equivalent of gold into the financial system, the central bank said.

But analysts said the measures won’t have any direct impact on the lira because it doesn’t ease a core concern—the hefty debt exposure of Turkish banks and corporations—and warned the central bank has limited reserves of its own to weather the storm. Den Rest des Beitrags lesen »

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Droht Italien Angriff der Spekulanten?

Posted by hkarner - 14. August 2018

Ein Berater des Ministerpräsidenten Guiseppe Conte fürchtet, italienische Staatsanleihen könnten Ziel von Spekulanten sein. Prompt dementiert die Regierung. Doch die Märkte sind nervös.

Die italienische Bank Monte dei Paschi di Siena (das Bild zeigt die Zentrale der Bank) musste vom Staat gerettet werden. 

Rom. Wer hätte gedacht, dass ein italienischer Minister den Euro lobt? Der parteilose Außenminister Enzo Moavero Milanesi hat dies am Wochenende getan. „Diejenigen, die Zweifel haben, ob eine Währung wie der Euro gut ist, sollen sorgfältig darauf schauen, was in der Türkei passiert“, sagte er in einem Zeitungsinterview. Die Türkische Lira hat gegenüber Dollar und Euro mehr als 40 Prozent an Wert verloren (Siehe Seite 1 bis 3). Die verbale Beruhigungspille des Außenministers wirkte nicht lange.

Ursprüngliche Ankündigungen der populistischen Regierung, sich nicht an die Maastricht-Spielregeln halten zu wollen und die Staatsschulden zu erhöhen, ließen die Renditen italienischer Staatsanleihen auf ein Vier-Jahres-Hoch schnellen. Das wiederum bringt die ohnehin angeschlagenen Banken in Italien in Bedrängnis. Sie halten nämlich enorme Pakete an Staatsanleihen. Wie Gefangene sind Bankensektor und Staat aneinandergekettet. Als wäre die Situation nicht brisant genug, sorgte am Sonntag ein unvorsichtiger Kommentar eines Regierungsberaters für große Aufregung. Den Rest des Beitrags lesen »

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