AI tool predicts when a bank should be bailed out

An artificial intelligence tool developed by researchers at UCL and Queen Mary University of London could help governments decide whether or not to bail out a bank in crisis by predicting if the intervention will save money ...

Obama announces $2.4 bln grant for electric vehicles

President Barack Obama Wednesday unveiled a 2.4-billion-dollar funding boost for the development of new generation electric vehicles and slammed critics of his economic rescue plans.

How corals react to climate change

Ph.D. student Fabian Gösser from the Department of Animal Ecology, Evolution and Biodiversity has been studying how corals react to changing environmental conditions and how their stress response could contribute to the ...

Fukushima operator pumps out toxic groundwater

The operator of the crippled Japanese Fukushima Daiichi nuclear plant has started pumping out radioactive groundwater to reduce leakage into the Pacific ocean.

Is the Greek haircut a snip too far for investors?

Research from the University of Reading suggests that the recent bail-out for Greece could lead to decades of legal actions as disgruntled investors sue for compensation.

Bailed-out banks issued riskier loans

Banks that received federal bailout money ended up approving riskier loans and shifting capital toward risky investments after getting government help, say University of Michigan researchers.

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Bailout

In economics, a bailout is an act of loaning or giving capital to an entity (a company, a country, or an individual) that is in danger of failing, in an attempt to save it from bankruptcy, insolvency, or total liquidation and ruin; or to allow a failing entity to fail gracefully without spreading contagion.

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