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filed in Daily Buzz News on Feb.04, 2012
I’ve been on the go, go, go [without the boots...bad '70's fashion joke]. Tomorrow may be the
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filed in Daily Buzz News on Feb.03, 2012
Two-thirds of European business schools saw application volume drop last year after rising steadily for years, according to the Graduate Management Admissions Council (GMAC), which administers the GMAT entrance exam used by most schools.
An article yesterday in the Wall Street Journal highlighted GMAC application trend data, noting that some European schools saw the number of applicants fall by more than 10 percent even before the latest round of economic challenges hit the region. Even schools in more economically stable countries like Switzerland and the United Kingdom have been affected, in part because their tuitions have been rendered increasingly steep by falling currencies in neighboring countries.
According to the Journal article, European students who can afford it have been looking to programs overseas – either at U.S. schools or at the overseas campuses of European schools – as a means of setting themselves up for better post-graduate employment options. Spain’s IESE Business School in Barcelona saw its application volume drop 5 percent this year as locals, deterred by the country’s 22.9 percent unemployment rate, have applied overseas instead, the Journal reports.
Meanwhile, in Switzerland, IMD Business School is having a harder time convincing European students that its program is worth the investment, especially as the euro’s value has dropped against the Swiss franc. Applications from students from Western Europe, which account for 20 percent of the Swiss school’s class, dropped 10 percent. IMD has increased financial aid by a third, delayed payment deadlines and encouraged students to apply for more loans in an effort to counteract the drop in applicants, the Journal reports.
Likewise, Italy’s SDA Bocconi School of Management is now extending merit-based tuition waivers, one for 50 percent of tuition costs and another for 70 percent, to students from countries other than Italy in Western Europe.
Other European schools with campuses in different regions of the world have seen European students favor those locations instead, the Journal article added. For example, the Shanghai campus of France’s Grenoble Graduate School of Business has had an uptick in European students over the past two years.
Telio Gourdon, a master’s student in international business at Grenoble’s Singapore campus, says he was motivated to leave his native France by the prospect of greater international exposure and better post-graduation employment options. “Singapore is a good place to be for a businessman,” he told the Journal.
For the complete Wall Street Journal article, click here.
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filed in Daily Buzz News on Feb.03, 2012

These days, eating healthy has become a curiously difficult task. Despite the fact that the canons of healthy eating have not changed in centuries, the proliferation of health food products has continued unabated for years. It’s become a crisis of abundance.
However, just because a product occupies shelf space in a boutique food store doesn’t mean it’s any better for you than its generic counterpart. Advertisers are very aware of the powers of “mood affiliation”, which is the tendency to associate familiar claims with one another. For example, consumers are very likely to believe a food that has no cholesterol is very likely to have no fat as well, even though the two are unrelated.
This cognitive bias allows the food industry to make a variety of claims that confer fictitious health benefits, often resulting in higher prices and no value to you.
Let’s take a look at the perpetrators.
However, people frequently commit attribution errors when making judgments about organic food. A study conducted at the University of Michigan found that people assume an organic product has less-calories than a similar non-organic product, which causes people eating processed organic food to consume more calories than they would have otherwise. In some cases the inferred benefits of eating organic extend beyond nutrition, and gives people a belief that they need to exercise less because they eat organic.
The Fair Trade certification industry is complicated to judge, mostly because it’s a collection of heterogeneous agencies that have different criteria for assigning its badge. It’s also become a profit channel more so than a statement of an organization’s ethics.
However, it’s important to realize that most Fair Trade certification agencies (supposedly) grant their certification based on production inputs that bear no direct relation to the quality of food being produced, such as worker treatment and eco-friendly business practices. Much like the organic label, people mistakenly assume that Fair Trade means a food has less calories and more nutrients because it’s Fair Trade, which isn’t true.
These health benefits are either non-existent or exaggerated.
It’s true that grass-fed beef has a higher concentration of omega-3 fatty acids and anti-oxidants than grain-fed beef, but the total amount of these and other nutrients in any kind of beef is very small compared to plant sources. To get the recommended 1.6 grams of omega-3 fatty acid a day from grass-fed beef alone, you’d have to eat 4.6 pounds of beef a day. The biggest health benefits of beef is its high protein content, and the minerals iron and zinc, which have a very high bio-availibility when consumed from meat. The differences between grass and grain-fed beef for these nutrients are not different from one another.
And while it’s true that grass-fed beef has a higher concentration of “good” fat like conjugated linoleic acid (CLA), these observations are typically made with raw meat, and it’s usually lost after cooking. Similarly, the nitrate content in beef is influenced by many variables in the production process, such as the fertilizer used in the soil, run off from nearby water sources, and the moisture level the grass when it’s eaten.
If you are one of these people, by all means, avoid gluten. You’re allergic to it.
If you’re not one of these people, relax a little bit, and do yourself a favor by being more discerning about food labels. It’s true that gluten-intolerance is showing up with an increasing regularity, but it’s still a small percentage of the population and partly caused by people’s increased awareness of it.
For the majority of the population, the presence or absence of gluten has little bearing on the quality of food being eaten. It’s the diet fad du jour, but any diet approach that exclusively emphasizes a single variable is too simplistic.
If you doubt this is the case for gluten, then consider the previous “single variable” diet fads popularized in the past: lactose, fat, sugar, etc. They’ve all been proven wrong.
Conclusion
The bottom line in all these myths is that people mistakenly assume various certifications as proxies for nutritional quality, but their presence bears no meaning to the quality of food you eat when you hold other things equal. The best way to ensure you’re eating right is to consistently consume a diet of fresh foods with minimally processed ingredients, and spare yourself the confusion of deciphering the legitimacy of the latest fads of the health food industry.
References Used:
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Written on 2/3/2012 by Jonathan Bechtel. Jonathan is the founder of Health Kismet, a green superfood that condenses 35 raw greens, herbs, and probiotics into a powder that can be mixed with a drink or other food supplement. He blogs about health, diet, nutrition, and culture at blog.healthkismet.com. | Photo Credit: Simon Shek |
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filed in Daily Buzz News on Feb.03, 2012
Charlie Sheen’s real estate agent is being sued by Brooke Mueller’s mom, who claims the realtor screwed her out of a commission for a mega-mansion Charlie purchased last year.According to the lawsuit, obtained by TMZ, Moira Fiore claims she was…
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filed in Daily Buzz News on Feb.03, 2012
Giants owner Steve Tisch confessed his Super Bowl superstition on TMZ Live today … saying he won’t remove 5-week old nail polish from his toes because he’s afraid it could sink his team. Tisch says 5 weeks ago his young daughters painted his…
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filed in Daily Buzz News on Feb.03, 2012
Komen does women a disservice by continuing to channel funds into animal tests, while other cancer charities have moved on from such old-fashioned abominations or never engaged in them to begin with.
Read More…
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filed in Daily Buzz News on Feb.03, 2012
Every Friday afternoon, HuffPost Food rounds up some of the best food articles of the week. Start your weekend off with some quality food writing, and hopefully quality food as well! Think we missed something great? Let us know.
The Telegraph, Alain Ducasse’s Favourite Paris Haunts
Suivre M. Ducasse!
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filed in Daily Buzz News on Feb.03, 2012
Macerich (MAC)
Q4 2011 Earnings Call
February 3, 2012 1:30 p.m. ET
Executives
Art Coppola – CEO and Chairman of the Board of Directors
Ed Coppola – President
Tom O’Hern – Senior Executive VP and Chief Financial Officer
Randy Brant – Executive VP, Real Estate.
Analysts
Craig Schmidt – Bank of America Merrill Lynch
Quentin Velleley – Citi
Paul Morgan – Morgan Stanley
Christy McElroy – UBS
Todd Thomas – KeyBanc Capital Markets
Vincent Chao – Deutsche Bank
Steve Sakwa – ISI
Cedrik Lachance – Green Street Advisors
Alexander Goldfarb – Sandler O’Neill
Wes Golladay – RBC Capital Markets
Ben Yang – KBW
Tayo Okusanya – Jefferies & Co.
Michael Mueller – JPMorgan
Presentation
Operator
Welcome to the Macerich Company fourth quarter 2011 earnings conference call. Today’s call is being recorded. [Operator instructions.] would now like to turn the call over to Jean Wood, Vice President of Investor Relations. Please
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filed in Daily Buzz News on Feb.03, 2012
By Paulo Santos:
Sometimes, there is news that isn’t what it seems. Today, we got one of those: Deutsche Bank (DB) saying that it didn’t take advantage of the LTRO due to its wish to keep its reputation.
But is that a good explanation for Deutsche Bank’s attitude?
I reckon it isn’t. There’s a much better explanation, and as such, much more likely to be the true reason.
The LTRO finances banks for up to three years, thus removing refinancing risk on what the banks choose to buy and deliver as collateral. So, buy they do, with abandon, as I’ve shown previously.
But there is a problem, precisely for German banks. What they can deliver as collateral and buy on a moment’s notice is government debt. And the LTRO finances these assets at a 1% rate. It so happens that to make money with little risk on this scheme, you need to buy
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filed in Daily Buzz News on Feb.03, 2012
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