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When protecting medical devices from hacks, is the cure worse than the disease?

“In December of the last year, the FDA released new guidelines for protecting medical devices from hackers” reports digitaltrends.com. However, internet connectivity brings with it new risks for pacemakers and other medical devices.Even when the devices did update correctly, there were reports that some of the pacemakers went into backup mode during the updates.Even devices such as pacemakers are now connected to the internet. Source: digitaltrends.com Share This:

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Strong typhoon nears southern Japan the day before election

“Heavy rain and powerful winds are expected to lash large areas of Japan on Sunday as a strong typhoon sweeps ashore, possibly hindering voter turnout in a national election” writes Issei Kato for cnbc.com. Typhoon Lan was classified as an intense Category 4 storm on Saturday, with winds of up to 250 km/h (156 mph), according to the Tropical Storm Risk website. Source: cnbc.com Share This:

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Is North Korea’s Nuke-Testing Mountain at Risk of Collapse?

“A 2001 paper from the United States Geological Survey describes it as follows: The underground detonation of nuclear explosions considerably alters the properties of the rock mass” writes unknown author for popularmechanics.com. Since 2006, North Korea has successfully complete six nuclear tests in its Punggye-ri Nuclear Test Facility buried deep inside the 7,200-foot Mount Mantap. Source: popularmechanics.com Share This:

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News Stocks 

Why are investors told to buy inflation protection, despite negligible risk since the recession?

“For those who want both an inflation hedge and higher returns, there are other options” writes Sunny Oh for marketwatch.com. The wealth-management industry continues to push clients to buy a product intended to hedge against inflation, an increasingly illusory threat.The interest payments of the bond are priced at the real yield, the interest rate adjusted for inflation.But the real yield is based on the breakeven rate, an estimate of how market participants expect inflation is likely to develop over the maturity of the bond. Source: marketwatch.com Share This:

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Markets News Oil 

Oil markets stable on tighter US market, expected extension of OPEC supply cuts

“The oil market is tightening gradually,” said Tamas Varga, analysts at London brokerage PVM Oil Associates” reports foxbusiness.com. During the previous round of sanctions against Iran, around 1 million bpd of oil was cut from markets.”Geopolitical risk has returned to the oil market …Oil prices steadied on Thursday, holding onto most recent gains, supported by OPEC-led supply cuts, tension in the Middle East and lower U.S. production. I am expecting OPEC and Russia to agree on a further 9-month extension to production cuts,” said Shane Chanel at ASR Wealth Advisers. Source:…

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China’s economic growth stays stable as ruling party meets

“China’s economic growth stayed relatively stable in the latest quarter, buoyed by strength in retail spending and exports, giving the ruling Communist Party a boost as President Xi Jinping prepares for a new term as leader” reports foxbusiness.com. The International Monetary Fund has forecast China’s full-year growth will hold steady at last year’s level of 6.7 percent.Communist leaders are trying to steer China to slower, more sustainable growth based on consumer spending instead of exports and investment. Xi’s speech Wednesday included no growth target but he said “development is the…

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Recent images show construction on North Korea’s ‘Hotel of Doom’ may be starting again

“Construction on the hotel began in 1987, under Kim Il Sung, the founder of North Korea and Kim Jong Un’s grandfather” writes Daniel Brown for businessinsider.com. Much confusion and mystery surrounds the 105-story, pyramid-shaped hotel, also known as the “Hotel of Doom.”. Below are photos of the hotel, most of which were taken in Spring 2017 and provided by Korea Risk Group, a company billed as the leading provider of risk analysis, news, information and data surrounding North Korea.In late July, Pyongyang took walls surrounding the building down, unveiling walkways…

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Wildfires expose glaring risk in legal cannabis: lack of insurance

“The devastating California wildfires of 2017 have exposed a glaring risk in newly legal cannabis: rampant lack of insurance, underinsurance, and terrible insurance policies among growers and other industry operators” writes David Downs for greenstate.com. Cannabis industry losses are estimated to reach into the hundreds of millions to more than a billion dollars, industry experts say. “We’re going to see a big conversation surrounding the cannabis industry moving forward based on this tragedy,” Drayton said.You need to look at a policy — whether it’s a homeowner’s policy or a property…

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Markets News Stocks 

Get ready for brutally weak market returns over the next decade

“Returns over the past 30 years ranged from 5% for the least riskiest to nearly 10% for the riskiest assets” writes Anora M for marketwatch.com. See also: Why long-term U.S. stock returns look dismal If you are a Japanese investor, however, a 60/40 portfolio in yen terms sees above-average expected returns, driven by elevated equity risk premiums, according to Morgan Stanley. Source: marketwatch.com Share This:

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