Our mental state has particularly dramatic effects when it comes to the symptoms we experience: things like pain, nausea, fatigue and depression. Playing a virtual-reality game eases pain in burn patients by as much as 50 percent (PDF) more than drugs alone, while research on placebos—fake treatments—tells us that psychological factors such as expectation and social interaction ease symptoms via biological changes very similar to those caused by drugs. Placebo painkillers trigger the release of natural pain-relieving chemicals called endorphins. Parkinson’s patients respond to placebos with a flood of needed dopamine. Breathing fake oxygen can reduce the levels of neurotransmitters called prostaglandins, which cause many of the symptoms of altitude sickness. … [Read more...] about You Can Heal Yourself With Your Mind (For Real)
Real effective exchange rate
The content of the speeches themselves change, too. Modern last words tend to be more political, as illuminated by the passionate death-penalty debate in this country. During Prohibition, the condemned tended to blame their troubles on “liquor and bad women.” The largest shift, however, was the move from public to private executions behind prison walls. Those on the gallows, speaking to crowds, were in a very real way on a public stage. They would often offer advice, spiritual guidance—even sing hymns. Behind prison walls, in some states, the condemned could speak directly to their family or the family of their victims. These last words tend to be more plainspoken, more intimate, and people are addressed directly and by name. You don’t find much of that before 1930. … [Read more...] about The Exchange: Last Words
Regarding a long-term outlook stretching up to 24 months, the dong is likely to remain on a gradual depreciatory trend against the dollar due to the dong’s persistent overvaluation and higher structural inflation in Vietnam versus the greenback. As such, the unit would potentially average VND23,650 per dollar in 2021. … [Read more...] about Dong to fall slightly against the dollar
In her budget speech, the finance minister said the surcharge was increased considering rising income levels and, therefore, taxpayers in the higher income bracket should contribute more towards nation's development. One would have to wait for Budget 2020, to be presented on February 1, to see what is coming out to neutralise the increased tax rate for super rich. … [Read more...] about Budget 2020: Should there be a rethink on super-rich tax?
This kind of tax treatment acts as a disincentive to equity investments and it may be restructured to be taxed just once, preferably in the hands of the investor as part of his normal tax dues. There is also some room for offering a lower LTCG tax given the current economic and market conditions. … [Read more...] about Budget 2020: ‘Market may have already priced in a fiscal slippage of 30 bps’