With food prices going up, farmers are getting wealthy (or wealthier, in the case of the big conglomerates), right? Not outside the US, according to a study in Economic Development and Cultural Change by Marcel Fafchamps(1) and Ruth Vargas Hill(2).

In their new study for look to the long-time coffee producing nation of Uganda to attempt to answer the riddle of why higher prices don't 'trickle down' in other countries, even if they are modern liberalized economies.

Coffee is the world's largest agricultural commodity, and is also one of the world's most volatile. Large global coffee price fluctuations mean coffee has seen many periods of rapidly increasing prices. But new research shows that when global coffee prices rise, farmers do not see the same rise in the price they receive.

When six day care centers imposed a fine on parents who picked their children up late, tardiness doubled and it stayed high even when the fine was removed.

How can it be that a financial penalty made the problem worse? Parents, it seems, stopped seeing lateness as an imposition on teachers, and instead saw it as something that could be purchased with no moral failing.

A basic tenet of economics is that people always behave selfishly, or as the 18th century philosopher economist David Hume put it, "every man ought to be supposed to be a knave."

Information gleaned from a Greenland ice core by an international science team shows that two huge Northern Hemisphere temperature spikes prior to the close of the last ice age some 11,500 years ago were tied to fundamental shifts in atmospheric circulation.

The ice core showed the Northern Hemisphere briefly emerged from the last ice age some 14,700 years ago with a 22-degree-Fahrenheit spike in just 50 years, then plunged back into icy conditions before abruptly warming again about 11,700 years ago. Startlingly, the Greenland ice core evidence showed that a massive "reorganization" of atmospheric circulation in the Northern Hemisphere coincided with each temperature spurt, with each reorganization taking just one or two years, said the study authors.

The new findings are expected to help scientists improve existing computer models for predicting future climate change as increasing anthropogenic greenhouse gases in the atmosphere drive up Earth's temperatures globally.

Firing someone? Do it on Friday because they would have the weekend off anyway and they are less likely to show up after two days with a rifle. Some things don't change.

But the 'Friday Effect' for publicly traded companies has diminished with the advent of instant news so they have little to gain from saving bad news until Fridays on the assumption that traders are distracted by the approaching weekend, says economist Leon Zolotoy in his research, for which he will be awarded a PhD at Tilburg University in the Netherlands on 25 June.

Zolotoy researched how international stock markets react to new information. The Sarbanes-Oxley Act was introduced in July 2002, partly as a result of the corporate scandals involving Global Crossing, WorldCom, Enron and Tyco. The Act’s strict disclosure requirements were designed to restore investors’ and analysts’ confidence in the stock market.

Since September 11, U.S. politicians have repeatedly reminded us that the journalists in the Arab world are biased against America and the West. A new study in the July 2008 issue of International Journal of Press/Politics says that is not the case.

To provide a snapshot of journalists' attitudes and to create a benchmark for future studies, the researchers surveyed 601 mainstream professional Arab journalists with the goal of understanding how they view both their profession and the events they cover. (1)

While still subject to censorship, Arab journalists have growing aspirations for independence fed by their access to more than 300 free-to-air Arab satellite channels and the rise of blogging on the internet.

Several huge active submarine volcanoes, spreading ridges and rift zones have been discovered northeast of Fiji by a team of Australian and American scientists aboard the Marine National Facility Research Vessel, Southern Surveyor.

On the hunt for subsea volcanic and hot-spring activity, the team of geologists located the volcanoes while mapping previously uncharted areas. Using high-tech multi-beam sonar mapping equipment, digital images of the seafloor revealed the formerly unknown features.

The summits of two of the volcanoes, named 'Dugong', and 'Lobster', are dominated by large calderas at depths of 1100 and 1500 metres.