Chilean Navy admits it ‘can’t explain’ bizarre craft footage

Chilean Navy admits it ‘can’t explain’ chilling footage of UFO sighting

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The Chilean navy has admitted it can’t explain a video filmed by its pilots showing a UFO in the country’s airspace.

The report from an alleged UFO sighting by the Chilean military over two years ago has just been declassified and the internet is abuzz with speculation – this is one mystery that has experts completely stumped.

A military helicopter captured the incredible footage in November 2014 during a routine coastal patrol.

The craft – spotted in broad daylight – was filmed using the chopper’s infra-red camera.

It can be seen hovering in the clouds before appearing to give off some sort of gas as it moves along.

Here is the video of that footage captured:

The Chilean government agency which investigates UFOs, the CEFAA, reports that a naval helicopter was carrying out a routine daylight coastal patrol in November 2014 when the camera operator noticed an unidentified flying object ahead.

It was flying horizontally and at a steady speed similar to that of the helicopter.

The pilots tracked the craft from around 40 miles away and tried several times to communicate with it.

After receiving no response, they reported it to a pair of nearby radar stations.

But shockingly, neither of them were able to see it on their screens – despite being able to detect the navy choppers.

It was flying at a steady speed similar to that of the helicopter.

The crew contacted local airports and land-based military installations to confirm whether the object had appeared on their radar screens. It did not. They then attempted to contact the craft using standard civilian radio frequencies, but to no avail.

Twice during the 10-minute recording, the UFO ejects an unknown material into the air, which is only visible on the infrared (IR) spectrum. To the naked eye, the object itself is barely visible and the substance it expels disappears straight into the clouds.

Before the crew could obtain any more information, the UFO vanished into the clouds.

Each and every theory proposed so far for explaining the bizarre object has been debunked, officially making this a genuine unidentified flying object.

The footage was captured on a sophisticated Surveillance & Reconnaissance (SAR) camera in broad daylight. Nearby radar installations could detect the helicopter which captured the amazing footage but nothing else in the vicinity, which rules out low flying airplanes and weather balloons.

As part of the two-year investigation, multiple agencies were contacted to verify whether any satellites or falling space debris could explain away the phenomenon – they could not. The team assembled to study the footage and investigate the case include astrophysicists, video and image analysts, and aeronautic engineers, however they were unable to explain the object.

Chilean navy declassifies UFO footage after 2 year investigation

After conducting a scientific review of the released footage using calculations derived from examining the helicopter’s path, hot spots from the infrared footage and studying the velocity of the unidentified object, as well as nature of the dumped material, IPACO, a French-based organization, concluded that the object was most likely a medium-haul twin jet airliner.

 

 

Universal Basic Income coming to India ?

The idea for providing a basic income to all citizens is being discussed actively in various parts of the world. So what is this all about and why is this much talk on this Universal Basic Income..

So what is this Universal Basic Income thing.. Better we understand the concept first.

“A basic income (also called unconditional basic incomeCitizen’s Incomebasic income guaranteeuniversal basic income or universal demogrant) is a form of social security in which all citizens or residents of a country regularly receive an unconditional sum of money, either from a government or some other public institution, in addition to any income received from elsewhere.

Basic income systems are financed by the profits of publicly owned enterprises (often called social dividend or citizen’s dividend) are major components in many proposed models of market socialism. Basic income schemes have also been promoted within the context of capitalist systems, where they would be financed through various forms of taxation.

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That is, a basic income has the five following characteristics:
  1. Periodic: it is paid at regular intervals (for example every month), not as a one-off grant.
  2. Cash payment: it is paid in an appropriate medium of exchange, allowing those who receive it to decide what they spend it on. It is not, therefore, paid either in kind (such as food or services) or in vouchers dedicated to a specific use.
  3. Individual: it is paid on an individual basis—and not, for instance, to households.
  4. Universal: it is paid to all, without means test.
  5. Unconditional: it is paid without a requirement to work or to demonstrate willingness-to-work

A wide variety of Basic Income proposals are circulating today. They differ along many other dimensions, including in the amounts of the Basic Income, the source of funding, the nature and size of reductions in other transfers that might accompany it, and so on.

One of the reasons why the idea is gaining more attention in the developed world these days is the increasing use of robots in the industrial sector. As automation increases, the fear is that more people will find it difficult to get jobs. Moreover, the thought is to give all citizens a basic income that will allow them to live with dignity, irrespective of their earning capability. However, opinion remains divided and voters in a rich country like Switzerland rejected the idea by an overwhelming majority in 2016.

A number of economists have argued that universal basic income (UBI) can be implemented in India as a significant proportion of the population is still in poverty and anti-poverty spending is marred by leakages. It is likely that the government is mulling the possibility of implementing it in some form and chief economic adviser Arvind Subramanian has hinted that UBI will be a key theme in this year’s Economic Survey.

The concept of basic income is not new in fact it dates back to date to Thomas Paine’sAgrarian Justice of 1795, And discussed many a time in third world countries, Also in India, The Perspective Planning Division of the erstwhile Planning Commission worked on the idea of providing minimum income in the early 1960s.

It again become the hot talk in India. More recently, indian economist Pranab Bardhan suggested this in an article published in the Economic and Political Weekly in 2011. In another article published in these pages last year, Bardhan said: “…the main pragmatic justification for UBI is that in many current programmes targeting the poor, through a process of political and administrative collusion and connivance, benefits continue to leak to non-targeted, better-off people, while many of the intended beneficiaries are left out.” Bardhan showed that if a UBI of Rs.10,000—indexed to 2014-15 prices (three-fourths of the poverty line that year)—is given to all citizens, it will cost about 10% of the gross domestic product (GDP), which can be funded by ending regressive subsidies and revenue forgone.

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Economist Vijay Joshi, in his book India’s Long Road: The Search For Prosperity, has discussed the subject in detail. With the Suresh Tendulkar committee poverty line and using the poverty gap index, at 2014-15 prices, Joshi arrived at a figure of Rs17,505 per household per year. This will cost about 3.5% of the GDP for the entire population. Economist Debraj Ray has proposed an interesting variant where instead of a fixed sum a fraction of the GDP is committed as universal income.

So, is there a case for implementing UBI in India? To be sure, the political economy of the country is far more complicated and there are a number of reasons why UBI is not feasible for India.

The main reason why Swiss voters rejected the idea was fiscal implication. Most of the suggestions in favour of UBI in India are made fiscally feasible with a number of assumptions. The first implicit assumption is that the amount of money being spent on various kinds of subsidies is justified, and the only issue is of targeting, which can be addressed by the transfer of basic income to every citizen. This is not correct. The widely quoted 2003 National Institute of Public Finance and Policy study showed that both Centre and state government subsidies amount to about 14% of GDP. The idea should be to reduce expenditure on non-merit subsidies and use the savings to boost capital spending that India badly needs.

Differently put, just because the government has been misallocating resources over the years is no reason why it should continue to do so—this time more efficiently.

The second assumption is that the non-merit subsidies can be rolled back easily. It will not be easy for the government to roll back subsidies such as food, fertilizer, fuel, electricity and water. In fact, politically, it will become even more difficult to arrive at the amount that will need to be transferred under UBI if subsidies are rolled back. In this context, it is important to recall the political backlash when the Tendulkar committee showed a poverty ratio of 21.9% for the year 2011-12. The government had to constitute another committee under C. Rangarajan which gave a higher poverty ratio.

The third assumption is that reduction in revenue forgone can augment resources for UBI. Again, this may not happen. The revenue forgone is basically a reflection of problems in our tax administration which need urgent reforms. For instance, India has one of the highest rates for corporate tax among its peers.

Apart from fiscal feasibility, there are other issues that go against UBI. At this stage of development, there is no reason why the government should be transferring cash to the rich and the middle class. It needs to invest resources in building productive capacity in the economy rather than doling out cash to the entire population.

Further, the government needs to be careful about unintended consequences. For instance, what will be the impact of UBI combined with programmes like the Mahatma Gandhi National Rural Employment Guarantee Act on the labour market? It is unlikely to help India’s case as a low-cost manufacturing destination.

Rajesh Kumar the deputy editor (views) at Mint suggested that, the government should focus on increasing the use of conditional cash transfers with better targeting, which will not only help the poor but will also plug leakages. Progressively, the state would do well to rebalance its spending in favour of augmenting productivity and economic growth which will lift people out of poverty more decisively.

But, A prominent think tank founder argues that a Universal Basic Income is more likely to increase poverty than decrease it. Robert Greenstein, president of the Center on Budget and Policy Priorities, estimates just in the U.S. the cost would reach $3 trillion a year, “close to 100 percent of all tax revenue the federal government collects… A UBI that’s financed primarily by tax increases would require the general people to accept a level of taxation that vastly exceeds anything in the history.

He suggests instead focussing on the neediest people first, possibly by subsidizing jobs programs and making housing more affordable.

Is India Ready For A Universal Basic Income?

The Debate Is Split Wide Open

But no doubts it is one of the big, very expensive, and therefore highly politically unrealistic proposal.. But who knows.. when it comes to politics. . . .

via Universal Basic Income — Arrested Developments

 

 

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UFO sightings over India, Nepal & Bhutan

 

The UFO sighting that sparked the name flying saucers. This sighting is considered as the start of the “Modern UFO era”. Several UFO sightings reported after the sighting of Kenneth Arnold. There are also stories of United States Army Air Forces allegedly captured a crashed flying saucer and its alien occupants.

Alien UFO saucer

The UFO sighting that sparked the name flying saucers. This sighting is considered as the start of the “Modern UFO era”. Several UFO sightings reported after the sighting of Kenneth Arnold. There are also stories of United States Army Air Forces allegedly captured a crashed flying saucer and its alien occupants.

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(The Kenneth Arnold UFO sighting occurred on June 24, 1947, when private pilot Kenneth Arnold claimed that he saw a string of nine, shiny unidentified flying Objects).

The study of crashed UFOs and alien autopsies are part of one of the most popular conspiracy theories about the CIA but the spy agency kept a close watch on sightings of flying saucers over India and its neighbours.

A report from April 1968 – part of the 930,000 declassified documents recently posted online by the Central Intelligence Agency – details six sightings of unidentified flying objects over Ladakh, Sikkim (then a protectorate of India), Bhutan and Nepal in preceding months.

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Though the US security establishment has largely debunked the issue of UFOs in recent years, the CIA and the US Air Force took reports of flying saucers in the 1950s and 1960s so seriously that the spy agency’s Office of Scientific Intelligence formed a scientific advisory panel to study the phenomenon.

The CIA report, originally not meant to be shared with foreigners, contains “particulars of bright objects seen over south Ladakh, north east Nepal, north Sikkim and western Bhutan”.

One sighting – over Kaski in Nepal on the night of March 25, 1968 – involved a “blazing object, flashing intermittently” that “disintegrated”. The report said, “A huge metallic disc-shaped object with a six-foot base and four feet in height was found in a crater at Baltichaur, five miles NE of Pokhara.”

In clinical and precise terms, the report mentions an object was spotted moving from east to west over Chang La, Fukche and Koyul in Ladakh at 1 pm on March 4, 1968. “One white light and simultaneously two blasting sounds were heard. Also, one reddish light followed by white smoke,” the report said in its description.

There were two more sightings over Ladakh, one on March 4 and another on March 25, 1968. The object seen on March 25 was spotted moving towards Demchok and was “rocket-like” with a “white-yellow-white trail about 20 yards long at a height of 20-25,000 feet”.

On February 19, 1968, there were reports of a fast-moving and bright object being spotted over northeast Nepal and north Sikkim at 9 pm. The object, seen over Lachung, Lachen, Thangu, Muguthang and Chholamu in Sikkim, was bright enough to light up the area at night. A “thunder sound” was heard at Chholamu after it was sighted.

There was also a sighting of a “bluish colored object” over Thimphu, the capital of Bhutan, at 9.30 pm on February 21, 1968. It moved at “high speed without any noise” and had enough light to “brighten the area”.

The report gives no insight into what CIA experts made of these sightings. It also does not mention what happened to the object that disintegrated in Kaski region of Nepal.

Following a raft of UFO sightings in the late 1940s and early 1950s, the CIA even considered what it called the “man from Mars – space ships – inter-planetary travellers” theory but it concluded in a 1952 report: “Even though we might admit that intelligent life may exist elsewhere and that space travel is possible, there is no shred of evidence to support this theory at present.”

The scientific advisory panel formed by the CIA worked with the Air Technical Intelligence Centre to analyse evidence of UFO sightings and to assess the “potential dangers to national security”. After a round of meetings in January 1953, the panel concluded the evidence on UFOs “shows no evidence that these phenomena constitute a direct physical threat to national security”.

Despite this, the CIA continued tracking UFO sightings. The declassified documents have reports of sightings between the early 1950s and late 1960s in South Korea, Iran, Morocco, French West Africa, Kazakhstan, Spain, Uruguay, and Russia.

via CIA reported six sightings of UFOs over India, Bhutan and Nepal — Arrested Developments

 

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Santa Claus busy preparing for Christmas at Home

Santa Claus busy preparing for Christmas at Lapland home in Finland Santa Claus, also known as Saint Nicholas, Saint Nick, Kris Kringle, Father Christmas, or simply Santa, is a legendary figure of Western culture who is said to bring gifts to the children.

Santa Claus busy preparing for Christmas at Lapland home in Finland

Santa Claus, also known as Saint NicholasSaint NickKris KringleFather Christmas, or simply Santa, is a legendary figure of Western culture who is said to bring gifts to the homes of well-behaved (“good” or “nice”) children on Christmas Eve (24 December) and the early morning hours of Christmas Day (25 December).

Santa Claus is generally depicted as a portly, joyous, white-bearded man—sometimes with spectacles—wearing a red coat with white fur collar and cuffs, white fur-cuffed red trousers, and black leather belt and boots and who carries a bag full of gifts for children.

Santa Claus is said to make lists of children throughout the world, categorizing them according to their behavior (“good” and “bad”, or “naughty” and “nice”) and to deliver presents, including toys, and candy to all of the well-behaved children in the world, and coal to all the misbehaved children, on the single night of Christmas Eve. He accomplishes this feat with the aid of his elves, who make the toys in his workshop at the North Pole, and his flying reindeer, who pull his sleigh.

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Santa receives thousands of letters every day at Christmas time

Everyone knows Santa – the one and only – comes from Finland

Rovaniemi is the Official Hometown of Santa Claus, and the citys most famous resident can be visited every day of the year in Santa Claus Village right on the Arctic Circle, an attraction that draws more than 300 000 annual visitors from all around the world.

This year too Santa Claus’s helpers have been sorting out piles of letters from around the world, each detailing children’s requests for this Christmas, at his home in Lapland, Finland.

In English, Italian or other languages, youngsters’ handwriting adorns the envelopes addressed to Father Christmas, some decorated with colourful hearts and stars.

As the holiday nears, every day is busy for Santa’s team in the city of Rovaniemi, which calls itself his official hometown, near the Arctic Circle.

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A board in the post office says Mr Claus gets some 32,000 letters a day at Christmas time.

China, Poland, Italy, Britain, Finland, Japan and Russia top the list of Mail senders.

In his Christmas message, Mr Claus said:

“Another year is coming to its end and it has been a turbulent year with many big problems but also many very good things.”

“Now as Christmas is coming close, reach out for those who need a helping hand, do it with compassion — that’s the real Christmas spirit.”

Thousands of people visit Rovaniemi each year ahead of Christmas, to meet the man himself, his reindeer and enjoy the magical scenery.

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With just a few hours of light at this time of year, they make the most of sleigh rides among the snow-covered trees during the day.

Lapland tourism is a rare bright spot in the Finnish economy, which is struggling to recover from a long stagnation.

Travel to Lapland increased 10 per cent from January to October to more than 2 million overnight stays — and the number is expected to hit a new record in the full year.

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In his 30 plus years in Rovaniemi, Santa Claus has received millions of visitors including pop stars, politicians, television personalities, athletes and regular people from every corner of the world in Santa Claus Village. His headquarters on the Arctic Circle has become known to many, many more around the globe through widespread international media coverage.

And yes.. You can also visit Santa Claus everyday of the year in Rovaniemi. The best time of travelling to Rovaniemi depends on what you are after the constantly changing seasons all have their own characteristic light, temperature, natural phenomena and ideal activities.

You can get the info from here: http://visitrovaniemi.fi

Merry Christmas..!

 

via Santa Claus busy preparing for Christmas at Home in Finland — Arrested Developments

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France unveils the world’s first solar panel road

Half-mile stretch could provide enough energy to power entire village’s street lights

A solar panel road, claimed to be the world’s first, has opened in France, reports the Daily Mail Online.

The 0.6 miles (1km) stretch of road in the small Normandy village of Tourouvre-au-Perche is paved with 2,880 solar panels, which convert energy from the sun into electricity. It is hoped that the the road could eventually provide enough energy to power the small village’s street lights.

The ‘Wattway’ road features 2,800 sq m (9,186 sq ft) of panels and was showcased today at an inauguration ceremony attended by French minister for Ecology, Sustainable Development and Energy Ségolène Royal.

The road is expected to produce 280 MWh of electricity a year.

the road, which is paved with photovoltaic panels, could eventually provide enough energy to power the small villages street lights

the road, which is paved with photovoltaic panels, could eventually provide enough energy to power the small villages street lights

While the daily production will fluctuate according to weather and seasons, it is expected to reach 767 kWh per day, with peaks up to 1,500 kWh per day in summer.

Some 2,000 motorists will use the RD5 road every day during a two-year test period.

During that time, assessments will be made as to whether the road is capable of generating enough power to run the village’s street lights. Tourouvre-au-Perchef is home to around 3,400 residents.

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The project is said to have cost €5m (£4.2m/$5.1) and was financed by the French government.

 

Source: France unveils the world’s first solar panel road

 

 

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Internet Censorship in US and Europe Is Coordinated — Arrested Developments

Originally posted on TheBreakAway: Source: TheDailyBell.com December 6, 2016 The EU Is Warning American Tech Giants to Crack Down on Hate Speech Now … “They will have to act quickly and make a strong effort in the coming months.” Internet Censorship in US and Europe Is Coordinated The EU Is Warning American Tech Giants to […]

 

Internet Censorship in US and Europe Is Coordinated 

The EU Is Warning American Tech Giants to Crack Down on Hate Speech Now  …  “They will have to act quickly and make a strong effort in the coming months.” U.S. tech giants including Facebook, Twitter, Google’s YouTube and Microsoft will have to act faster to tackle online hate speech or face laws forcing them to do so, the European Commission said on Sunday. -Reuters

Western governments are censoring speech in Europe and the US, an obvious pattern that clearly shows coordination.

In the US, there is a congressional effort to fund intel agencies that will investigate alternative media for ties to Russian propaganda. Such investigations , if they occur, will  retard this sector and make further, free-reporting difficult.

In Europe, efforts to control speech and reporting are actually being aimed at American communication enterprises such as Google, YouTube and Microsoft (see excerpt above).

More:

The European Union (EU) executive’s warning comes six months after the companies signed up to a voluntary code of conduct to take action in Europe within 24 hours, following rising concerns triggered by the refugee crisis and terror attacks.

This included removing or disabling access to the content if necessary, better cooperation with civil society organizations and the promotion of “counter-narratives” to hate speech.

The code of conduct is largely a continuation of efforts that the companies already take to counter hate speech on their websites, such as developing tools for people to report hateful content and training staff to handle such requests.

Top powers in the US and Europe will not likely admit coordination to crack down on Internet news and views but this is obviously what’s happening.

It is true that European censorship justifications have a longer history. Complaints about terrorism and hate speech have been voiced for several years. In the US, the sudden emergence of concern over Russian influence on ‘Net-based media is a new phenomenon.

Nonetheless, the House has just passed a bill to fund investigations into Russian influence on American media (see here). Such investigations might involve the tracking of so-called Alt.right “hate speech” as well.

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Western efforts to “control” the Internet will no doubt adopt certain Chinese solutions over time. In China the Internet is actively being used as an agency of repression. Citizens are to receive ‘Net-based “grades” based on docility and how well they obey laws and generally fit in.

The larger question as governments crack down on ‘Net-based speech is whether or not people’s awareness of what is actually going on in their societies will transcend censorship.

History seems to show that after the Gutenberg Press launched an explosion of new ideas in printed form it took Western governments (and the controllers behind them) many centuries to regain control – 400 or 500 years as a matter of fact.

Western governments face similar problems now. A whole generation of individuals has absorbed a new way of thinking promulgated by the ‘Net. This is one reason approval of mainstream media is in the single digits while up to 50 percent or more (in the US, anyway) admit to belief in “conspiracy theories” – versions of important events not dictated by government and secret forces operating behind government.

In aggregate these views posit a different society than the current one. Today’s society is an outgrowth of World War II reorganization and depends heavily on the dictates of massive governments and even larger corporate enterprises.

‘Net-based alternative sociopolitical organization tends to criticize such titanic social solutions and is often more libertarian based. The idea is that culture ought to dictate social organization and economic, political and even military control ought to be organized from the ground up instead of top down.

These two models are on a collision course. Despite the intention of elites to wipe out the emergence of alternate thinking regarding social control, the insights that have been re-established via Internet communication are not going to easily or rapidly dissipate. In fact, censorship will likely reinforce their validity and emphasize their credibility.

A whole different world view is now part of people’s consciousness, certainly in the West and likely elsewhere too, even China. Such alternative insights about money, power and politics are extraordinarily difficult to eradicate. Ideas of freedom, local authority and individual responsibility are not easily stamped out once they have gained – or regained – credence.

In this case, the Western intelligentsia has been reawakened en masse to an alternative cultural model that has its roots in thousands of years of practice and application. These cultural solutions stand clearly in opposition to the current sociopolitical formula that emphasizes bigness and technocratic authoritarianism.

Anti-war, pro-individual freedom, private money and private justice, these precepts have found their way into intellectual circulation once more. They are extraordinarily compelling and will continue to have an influence far beyond what is easily apparent.

As this article was being posted, ZeroHedge reported that Naked Capitalism’s Yves Smith threatened The Washington Post with a defamation suit and demanded a retraction for reporting that the website was in league with Russian interests. We’re actually surprised a class action lawsuit hasn’t been launched as numerous websites have been smeared by these accusations. Could such a lawsuit be aimed at Congress as well (despite sovereign immunity)?

Conclusion: History may well repeat in the 21st century, but not necessarily in ways current elites are hoping.

Source: TheDailyBell.com
December 6, 2016

via Internet Censorship in US and Europe Is Coordinated

 

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The Speed of Light — Arrested Developments

Sometimes We all love to delve in the region of Science and the way it works.. Here Arrested Developments is digging into Google’s Doodle of Speed of Light which is shared here.

The Speed of Light and Google Doodle

When I got to see an interesting doodle pasted on google today the 6th of Dec I was really surprised to know that a complex thing like the Speed of Light has been known to us since 340 years, hence forth I went a little deeper into it and fetch some facts & figures out of it although it is later that I’ve decided to put it before you too..

The Speed of Light

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Prior to a few hundred years ago, it was generally agreed or at least assumed that the speed of light was infinite, when in actuality its just really, really, really fast-  for reference, the speed of light is just slightly slower than the fastest thing in the known universe- a teenage girls response time if Justin Bieber were to say on Twitter, The first to reply to this tweet will be my new girlfriend.

The first known person to question the whole speed of light is infinite thing was the 5th century BC philosopher Empedocles.  Less than a century later, Aristotle would disagree with Empedocles and the argument continued for more than 2,000 years after.

One of the first prominent individuals to actually come up with a tangible experiment to test whether light had a speed was Dutch Scientist, Isaac Beeckman in 1629. Despite living in a time before lasers- which gives me the chills just thinking about- Beeckman understood that, lacking lasers, the basis of any good scientific experiment should always involve explosions of some kind; thus, his experiment involved detonating gunpowder.

Beeckman placed mirrors at various distances from the explosion and asked observers whether they could see any difference in when the flash of light reflected from each mirror reached their eyes.

Anyway, it wasnt until Danish Astronomer, Ole Römer entered the fray that measurements of the speed of light got serious.

ole-roemer-speed-of-light-large_transqvzuuqpflyliwib6ntmjwfsvwez_ven7c6bhu2jjnt8A portrait of Ole Roemer from 1700

Röemer determined that, lacking lasers and explosions, an experiment should always involve outer space.  Thus, he based his observations on the movement of planets themselves, announcing his groundbreaking results on August 22, 1676.

What is the speed of light?

The speed of light is exactly 299,792,458 metres per second. James Bradley came closer to this figure in 1728 with the discovery of what is called the “aberration” of starlight and a speed of 295,000,000 metres per second for light.

But the exact number wasn’t decided upon until 1975, after decades of becoming increasingly specific, when the General Conference on Weights and Measures recommended an official figure.

The symbol for the speed of light is and is known for being a “universal physical constant”, which means that it is an exact quantifiable amount that doesn’t change.

The speed of light in a vacuum stands at “exactly 299,792,458 metres per second“.

The reason today we can put an exact figure on it is because the speed of light in a vacuum is a universal constant that has been measured with lasers; and when an experiment involves lasers, it’s hard to argue with the results.

As to why it comes out somewhat conspicuously as a whole number, this is no coincidence- the length of metre is defined using this constant: “the length of the path travelled by light in vacuum during a time interval of 1/299,792,458 of a second.”


Why is it important?

Albert Einstein’s theory of relativity, which underpins modern concepts of space and time, is built on the premise that the speed of light in a vacuum is always the same.


Video :How to measure the speed of light?

 

Is it possible to go faster than the speed of light?

In 2011 scientists thought they had recorded particles travelling faster than light – a finding that could have overturned one of Einstein’s fundamental laws of the universe.

Antonio Ereditato, spokesman for the international group of researchers, said that measurements taken over three years showed neutrinos pumped from CERN near Geneva to Gran Sasso in Italy had arrived 60 nanoseconds quicker than light would have done.

They were forced to admit that this was all a mistake, however, blaming a faulty wire connection.

For now at least, faster than light speed remains the stuff of science fiction.

via The Speed of Light — Arrested Developments

 

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.blog Domains Are Now Available to Everyone! — Arrested Developments

From Today the November 21 at 15:00 UTC, domain names are available at standard prices on a first-come, first-serve basis

Blogs have grown from simple online diaries into the content that fuels the Internet. But no matter what you create — or why you create it — own what you create by putting it on your domain. It’s time to be heard. It’s time to stop compromising. It’s time to own your online presence.

Why choose a .BLOG domain extension?

  • The .BLOG ending informs visitors of the purpose of your website, and lets them know what they can expect before they even navigate to your site.

  • If you have an existing URL that ends with “blog,” switching to this ending can save you character space. For example, change your domain from thefashionblog.com to thefashion.blog.

  • As a fairly generic domain ending, .BLOG can be used by anyone who shares stories, photos, videos, and more online.

 

.blog Domains

.blog Domains Millions of new, easy to remember .blog domains are available for your blog, for the first time ever. From Today the November 21 at 15:00 UTC, domain names are available at standard prices on a first-come, first-serve basis Blogs have grown from simple online diaries into the content that fuels the Internet. But no […]

 

 

Why choose a .BLOG domain name?

15 years ago, only a few people had any idea what a “blog” was. Now there are now around 156 million public blogs and the word blog a part of everyday speech. Its even recognized by most major dictionaries! The new domain space created by .BLOG will allow the ever growing number of blogs to centralize and connect in new and exciting ways.

It doesn’t ends here.. there is more for you….

BLOG domains to think about:

cooking.BLOG

yourcity.BLOG

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yourbusinesshere.BLOG

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Then there are…

Similar New Domain Extensions:

 .news  |  .buzz  |  .website  |  .press  |  .media  |  .me

sources:

via .blog Domains Are Now Available to Everyone! — Arrested Developments

 

 

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The cash crunch may paralyse economic activities in India — Arrested Developments

The cash crunch arising out of demonetisation is expected to paralyse economic activity in the short-term, and the 2017-18 GDP growth is likely to take a hit According to a report by Ambit Capital, GDP growth is likely to decelerate from 6.4 percent in first half of this fiscal to 0.5 percent in the second […]

According to a report by Ambit Capital, GDP growth is likely to decelerate from 6.4 percent in first half of this fiscal to 0.5 percent in the second half with a distinct possibility of GDP growth contracting in third quarter of this fiscal.

Reuters

From October-December 2016 until October-December 2019, Ambit Capital expects a strong ‘formalisation effect’ to play out as nearly half of the non-tax paying businesses in the informal sector (40 percent share in GDP) become unviable and cede market share to their organised sector counterparts.

“We expect this dynamic to crimp GDP growth in India in FY18 as well and hence we cut our FY18 GDP growth estimate to 5.8 percent (from 7.3 percent),” the report said.

The demonetisation move is expected to disrupt economic activity in the short term, especially those segments where cash-based transactions are the norm like real estate, unsecured lending, real estate construction services and building materials.

“Whilst in the near-term, we expect these businesses to suffer, over the next couple of years the strongest players in these sectors will gain market share as competition from unscrupulous/unorganised players reduces,” the report added.

A report by Care Ratings titled ‘Impact of demonetisation on GDP growth in FY17’, said, the services sector is expected to be affected the most in these economic activities. Importantly, these losses, due to their inherent nature, can’t be recovered in the next quarter. For rest of manufacturing, demand side issues would exist till such times conditions stabilize and could get reversed in Q4. Hence, Industry is also expected to be impacted which will be more significant in the first 2-3 weeks post the announcement.

While consumer goods’ companies are also feeling the impact right now, with tight liquidity in the markets, the demand is likely to come back by next quarter. “Losses incurred would be recovered in the next quarter, particularly for consumer goods where there would be only deferment of purchase.

Even the SMEs industry will have a major problem in adjusting production schedules as both payments and receipts flow in cash given their structures.

According to the Care Ratings’ report, as per initial estimate, overall GDP growth would be affected by 0.3-0.5 percent.

“As a response to the slowing GDP growth, we expect the RBI to consider rate cuts of 25-50 bps over the second half of FY17 itself,” the Ambit said.

The Monetary Policy Committee headed by RBI Governor Urjit Patel last month cut benchmark interest rates by 0.25 percent to 6.25 percent. The next RBI policy review is on 7 December.

Foreign brokerage Bank of America-Merrill Lynch sees the demonetisation exercise impacting the country’s growth in the next two quarters, and estimates GDP to fall by 50 basis points.

“The economy has had a heart attack this quarter. We expect the impact of this to resonate for at least two quarters, impacting GDP by 50 basis points for the fiscal year,” The Economic Times report said quoting Indranil Sen Gupta, chief India economist at Bank of America-Merrill Lynch.

Rating agency ICRA has cut GDP forecast by 40 basis points, while HDFC Bank trimmed growth estimates to 7.3 percent from 7.8 percent earlier. Another credit rating firm Crisil, which earlier estimated GDP growth at 7.5 percent, now sees downside risk from the demonetisation move.

In between:

Congress leader P Chidambaram on Saturday attacked the Narendra Modi government for obliterating everything about India before it came to power and said it believes there was no civilisation prior to that.

P Chidambaram. PTI

“As far as the present government is concerned, India began, civilisation began only on May 26, 2014,” Chidambaram said at the Tatas-run Mumbai LitFest today while addressing a panel discussion on Banking for the bottom billion.

The former finance minister was referring to the NDA government not adding the 13 crore no-frills accounts, opened during the UPA regime, with the Jan Dhan ones that were opened during the present government’s financial inclusion drive.

While the UPA government had opened these accounts between 2004 and 2014 under its financial inclusion drive,Prime Minister Modi had relaunched this under the Pradhan Mantri Jan Dhan Yojana on 28 August 2014, under which around 25.51 crore accounts have been opened so far.

Chidambaram noted that as many as 13 crore no-frills accounts were opened under the UPA rule, but are blacked outnow.

“These 13 crore accounts which we opened between 2004 and 2014, under the guidance of C Rangarajan, as far as the (present) government is concerned, they don’t exist, they are blacked out,” he said, adding that “Jan Dhan is only another name for no-frills accounts”.

The Congress leader praised the government’s efforts for this financial inclusion drive, but said by simply opening an account, one’s behaviour can’t be changed.

“People must have money to deposit in the account, they must have a need to borrow from that account, otherwise account will remain dormant.

“So, how does our bankers jugaad sense work? The government pulls them up for saying dormant accounts, they put one rupee from their pockets in those accounts,” he said.

Earlier in the day, he had said the after-effects of the demonetisation will last longer than expected as it was carried out without much thinking and he also doubted if the government had consulted its Chief Economic Advisor Arvind Subramanian on this before taking the decision.

“You are seeing the first-order effect of withdrawing, sucking out 86 percent of the currency in circulation from the market. The first order will continue for several weeks now. Then, you will see the second-order effect,” he said.

“My suspicion is the only knowledgeable economist in the government Arvind Subramanian was not consulted,” he said.

source:

via The cash crunch may paralyse economic activities in India — Arrested Developments

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Demonetization may leads to Riots On The Streets in India

We Will Have Riots On The Streets Supreme Court Warns Government On Demonetisation

For the second time in a week, the Central Government in India has faced tough questions on the notes ban from the Supreme Court, which cautioned on Friday: “We will have riots on the streets.”

The Supreme Court today declined the request of the central government that it stay all petitions against demonetisation pending in various high courts and other forums stating that people have a right to approach courts when they have grievances.

 supreme-court_660_020913075242

Chief Justice of India TS Thakur said petitions challenging the ban on Rs. 500 and Rs. 1,000 notes indicate the magnitude of the problem.

“You have scrapped 500 and 1,000, but what happened to the 100 rupee note?” the Chief Justice asked the government, referring to the daily scramble for cash across the country and the punishing queues outside banks and ATMs.

ATMs, the government replied, need to be recalibrated because they have a “single drawer” for Rs. 100 notes. For thousands, this has meant that cash dried up long before they could reach the top of the line after several hours.

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The court had more questions on the currency ban announced suddenly by Prime Minister Narendra Modi on November 8 to check tax evasion and black or untaxed money. In the past 10 days, there have been several additional announcements to ease the crisis for people.

“The last time you said you are working out relief but you have reduced the withdrawal amount to 2,000. What’s the problem? Is it a printing problem?” Justice Thakur asked the government.
The government earlier this week reduced the Rs. 4,500 limit for the exchange of notes at banks to Rs. 2,000, saying it would enable more people to get cash.

Attorney General Mukul Rohatgi said: “Not only printing… it has to be transported to lakhs of branches across the country and ATMs have to re-calibrated.”

Mr Rohatgi added that the government did grant relief to farmers, families planning weddings and small traders.

Representing one of the petitioners, senior lawyer Kapil Sibal, a senior Congress leader, alleged that people in villages and in the northeastern states are unable to withdraw money.

 03-1449142735-justice-tirath-singh

The government lawyer retorted: “Mr Sibal is making a political issue here. You can’t convert this court into a political platform. Let him go outside and address people as a Congress person.”

There was a verbal duel between Rohatgi and Kapil Sibal, who represented one of the several petitioners. While Sibal said that the ordinary people have been put in miserable situation, the Attorney General alleged that Sibal was politicising the issue for the benefit of his party.

The court then asked both parties to submit data justifying their claims — that the situation was easing as claimed by the government and it was as bad as ever as claimed by the petitioners. The court will examine the data next Friday.

 

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