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Tag: approach

Hubble snaps photos as Mars makes its closest approach to Earth

Hubble snaps photos as Mars makes its closest approach to Earth

Science
July 27 (UPI) -- Mars is the closest its been to Earth in 15 years, offering the Hubble Space Telescope especially clear views of the Red Planet. To celebrate the close approach, NASA and Hubble shared several new images of Mars and Saturn, which is also making its closest approach. When Earth, Mars and Saturn are in alignment, they're said to be in opposition. Mars is currently 36.9 million miles from Earth. "We're always looking for excuses to share Hubble's images," Bonnie Meinke, astronomer with the Space Telescope Science Institute, told UPI. "But we can also use these images and observations for scientific purposes." The high resolution images offer scientists another opportunity to gauge the scope of the dust storm currently swirling on Mars. "We have all of these spacecraft on or...
Mester advocates for Fed to use rules-based approach when setting interest rates

Mester advocates for Fed to use rules-based approach when setting interest rates

Finance
The Federal Reserve should follow rules when making policy to give the public a better understanding of the central bank's actions, Cleveland Fed President Loretta Mester said Wednesday.A debate has lingered for years over whether the Fed ought to use economic benchmarks as triggers for interest rate hikes and other actions.In a speech delivered at Rutgers University, Mester became the first sitting Fed official to openly advocate a rules-based approach, though she did not push for a specific rule to follow. [The Cleveland Fed web site has a list of recommendations for which rules are worth following.]"I am not advocating setting policy mechanically according to a simple policy rule; no rule works well enough across a variety of economic models and circumstances," Mester said, according to...
New approach promises early warnings of soggy summers

New approach promises early warnings of soggy summers

Science
Researchers in the UK have developed a method of improving the long range accuracy of summer weather in the UK and Europe.The scientists found a connection between sea surface temperatures in the North Atlantic in March and April and the subsequent summer's rain or shine.The researchers say the new method may benefit agriculture, tourism and construction.The study has been published in the journal PNAS.Scientific effort to improve longer term forecasts have been focussed on winter weather patterns, which can pose a sizeable threat to humans and the environment. Developing better seasonal forecasts for the summer has lagged significantly behind. Now researchers at the National Centre for Atmospheric Research (NCAR) at the University of Reading have found that springtime temperature anomalie...
Russia: US approach to N Korea is a 'dead end'

Russia: US approach to N Korea is a 'dead end'

World
Russia has warned of "catastrophic consequences" if military conflict is allowed to break out on the Korean peninsula.After the US dispatched bomber jets to South Korea over the weekend, Russia's foreign ministry said Washington's approach was a dead end.The ministry's Mikhail Ulyanov said the country was working "behind the scenes" to find a political solution, but admitted the use of sanctions against North Korea is almost exhausted.China echoed Russia's concerns, and said war on the peninsula would have "no winners".Video:White House dismisses North Korea's claim that President Trump has declared warOn Monday, North Korea's foreign minister, Ri Yong Ho, said the isolated state had the right to "shoot down" US planes - even if they were not in the country's airspace.It followed President...
PSBs told to approach alternative mechanism to fast-track mergers

PSBs told to approach alternative mechanism to fast-track mergers

Finance
NEW DELHI: Public sector banks looking to merge would have to approach the new alternative mechanism once they informed the stock exchanges about the plan. "This will ensure that all issues related to consolidation from the government, the promoter and regulator RBI are addressed from the beginning," a senior government official told ET. This would also expedite decision-making and address issues well in time, the official added. “Under the Bank Nationalisation Act, 1969, there are provisions allowing such mergers so there is no need to amend any laws,” the official said. However, due to various court judgements on mergers and acquisition in state-run firms, it is imperative that the merger proposals are approved by Parliament, the official added. “So, the alternative mechanism will h