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Scientists should stop researching same old stuff

In a recent Forbes article, astronomer and writer Ethan Siegel called for a big new particle collider. His reasoning was unusual. Typically, particle colliders are created to test theories — physicists’ math shows that undiscovered particles ought to exist, and experimentalists use colliders to see whether they really do. This was the case with the Large Hadron Collider, which was ...

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Danske laundromat probe may expand to target Sampo deal

Bloomberg Danish lawmakers want to find out whether the Estonian unit at the center of a massive money laundering scandal was used for illicit trades before it was bought by Danske Bank A/S more than a decade ago. Danske took over the banking assets of Sampo Oyj in 2007. That purchase, which included a tiny Estonian unit, left Denmark’s biggest ...

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ECB’s Guindos calls for tighter oversight of asset managers

Bloomberg The European Central Bank’s vice president warned asset managers that they’ll face tighter scrutiny as regulators try to steer against future financial crises. The ECB has grown increasingly vocal about the risks stemming from a rapid expansion of entities such as investment funds, which are taking on more bank-like tasks such as providing liquidity but which are regulated more ...

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