Current Affairs 2016: Top News Events of January 8, 2016
Prepsure brings to you Current Affairs news of January 8, 2016. The Daily Current Affairs news are important for candidates who are preparing to appear in various competitive examinations at the national and state level like the UPSC IAS Prelims, IAS Mains, SSC, MAT, NDA, CDS, CAPF and State PCS. Going through these current Affairs news items will be helpful for candidates and these would update the aspirants on all important current events that are in news and relevant for them in their preparation of various competitive exams, entrance exams, interviews and Group discussions.
Current Affairs 2016: Social Security pact between India and Australia operationalised
A new social security agreement signed between India and Australia has come into operation with effect from January 1, 2016 enabling people of both the nations to avail retirement benefits in each other’s country, a pact likely to boost bilateral business linkages.
Australian Minister for Social Services Christian Porter and Minister for Small Business and Assistant Treasurer Kelly O’Dwyer said the Commonwealth government wanted to make sure people who live and work in more than one country are not disadvantaged. The agreement will allow people
How Studying Stoned People Can Unlock Secrets of Paranoid Thinking
Welcome to No One’s Watching Week, the time of the year when the readers are away, and your tireless editors have run amok. For this week only, Atlas Obscura, the New Republic, Popular Mechanics,Pacific Standard, the Paris Review, and Mental Flosswill be swapping content that is too out there for any other week in 2015. This article originally appeared at Atlas Obscura
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These mild delusions are less disruptive than clinical paranoia, and have been providing great fodder for researchers hoping to gain insight into what what happens in the mind of someone with mental illness. One technique for studying paranoid thinking is familiar for anyone who has had awkward times with a "mellow" pot brownie that was anything but: Researchers have been inducing these thoughts in the lab using cannabis, known to cause temporary paranoia.
In the article "Cannabis and Anxiety: a Critical Review of the Evidence," published in the journal Human Psychopharmacology, the authors write that “20-30% of users show brief acute anxiety reactions after smoking the drug”—but especially inexperienced cannabis users, teenagers, and people taking high doses. Many experienced an increase in anxiety disorders after the drug effect wore off, though psychiatrists are often divided on whether cannabis worsens long-term anxiety; the paper’s authors believed that, rather than cannabis causing anxiety, people who already experience anxiety issues seek relief in cannabis use (which could weaken other life coping mechanisms).
The statement is not entirely false. Since 1900, stock market appreciation plus dividends has provided investors with an AVERAGE return of 10% per year. Historically, 4%, or 40% of the total return, came from dividends alone. The other 60% came from capital appreciation that averaged 6% and equated to the long-term growth rate of the economy.
However, there are several fallacies with the notion that the markets long-term will compound 10% annually.
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The High-Yield Dilemma
Fixed-income investors face a difficult dilemma these days. By definition, they seek yield to meet their investment goals, but many financial market observers are predicting trouble in one popular source of such yield – the high-yield bond market. There’s real cause for concern. The junk bond market has seized up several times in the past few years,
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