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Topic: Basel problem


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In the News (Sat 6 Sep 08)

  
  Basel problem - Wikipedia, the free encyclopedia
The Basel problem is a famous problem in number theory, first posed by Pietro Mengoli in 1644, and solved by Leonhard Euler in 1735.
The Basel problem asks for the precise sum of the reciprocals of the squares of the positive integers, i.e.
The Basel problem asks for the exact sum of this series (in closed form), as well as a proof that this sum is correct.
en.wikipedia.org /wiki/Basel_problem   (1517 words)

  
 Thermodynamics Solved Problem   (Site not responding. Last check: 2007-10-03)
Basel problem - The Basel problem is a famous problem in number theory, first posed by Pietro Mengoli in 1644, and solved by Leonhard Euler in 1735.
Flatness problem - The flatness problem is a cosmological fine-tuning problem with the Big Bang theory, which is solved by hypothesising an inflationary universe.
Open problem - An open problem is a problem that can be formally stated and for which a solution is known to exist but which has not yet been solved.
mechanics.vvvvvv3.com /thermodynamicssolvedproblem.html   (984 words)

  
 FDIC: FDIC Federal Register Citations
Basel II is another example of what happens when one puts into a room, for several years, a very bright group of people charged with developing a model to address every perceived imperfection in a highly arcane subject area.
Basel II places inordinate faith in singularly skilled and self-assured supervisors who can understand both a bank's intricate model and its unique real-world risks, and can then identify and advocate technical fixes in the face of rebuttals and protests from the dozens of skilled bank employees who spent years developing the models.
Basel II banks will have an incentive to find or create the capital model that requires the least amount of its capital, and will even be encouraged to find ways to exchange their high-capital assets with other banks whose own risk-based models (or supervisors) would accommodate a lower risk-based capital charge for those same assets.
www.fdic.gov /regulations/laws/federal/03cworldsavings.html   (5128 words)

  
 Basel Agreement
The Issue The Basel Convention on the Control of Transboundary Movements of Hazardous Waste (hereafter referred to as the "Basel Convention" or "Convention") is the first global attempt to regulate and monitor the international transport of hazardous wastes.
In the end, the Basel Convention produced twenty-nine articles and six annexes that regulate, from cradle to grave, all hazardous wastes that are to be shipped across national borders.
Basel provides for extensive regulation of the movement of wastes which will prove beneficial in guaranteeing safe and proper disposal.
www.american.edu /projects/mandala/TED/basel.htm   (1403 words)

  
 FRB: Testimony, Ferguson--Basel II--February 27, 2003
Basel II would speed adoption of these new techniques and promote the future evolution of risk management by establishing a framework that is more risk-sensitive.
The Basel II effort reflects the collective judgment of the supervisors of the world's largest and most complex banking organizations, including those of the United States, that the activities and practices of such firms have been outgrowing our existing supervisory approaches.
Basel II will provide strong incentives for banks to continue improving their internal risk-management capabilities as well as the tools for supervisors to focus on emerging problems and issues more rapidly than ever before.
www.federalreserve.gov /boarddocs/testimony/2003/200302272/default.htm   (5634 words)

  
 FRB: Testimony, Ferguson--Basel II--June 18, 2003
One objective of Basel II is to speed adoption of these new techniques and to promote the further evolution of risk measurement and management by harnessing them to the regulatory process.
As under Basel I, a bank's risk-based capital ratio under Basel II would have a numerator representing the capital available to the bank and a denominator that would be a measure of the risks faced by the bank, referred to as "risk-weighted assets".
Basel II would not lock risk management into any particular structure; rather Basel II could evolve as best practice evolves and, as it were, be evergreen.
www.federalreserve.gov /boarddocs/testimony/2003/20030618/default.htm   (6070 words)

  
 The Regional Economist
The proposed Basel I revisions will be made available at about the same time that the Notice of Proposed Rulemaking for Basel II implementation ("Final Rulemaking") is published; so, the two capital standards can be compared directly and modified, if necessary, on the basis of public comment.
The third challenge that Basel II may present for non-adopters is that bank supervisors may one day decide to apply the best practices from Basel II—potentially including some of the quantitative techniques—to all banks.
Basel I banks will be competing against Basel II banks, potentially leading to fewer banks with less diversified loan portfolios.
stlouisfed.org /publications/re/2005/b/pages/basel2.html   (1740 words)

  
 Basel Action Network (BAN)
What is important is for the Basel Convention to inform the POPs treaty negotiators in a balanced and accurate manner as to the Basel Convention's limitations and cease embellishing the Basel Convention's ability at this stage of its development to ensure best practices for POPs destruction.
Likewise the Basel Convention must accept that the most environmentally protective thing is likely to be legally binding and specific criteria for POPs destruction within the POPs treaty which could then be transposed into the Basel Convention.
We call on the Parties to the Basel Convention to work together with the POPs Convention to elaborate a set of legally binding criteria that are more specific and rigorous than those elaborated in the Basel Convention for this most serious problem of persistent organic pollutants.
www.ban.org /Library/popsbasel.html   (1397 words)

  
 Bryson Burke Diamond Corporation: Diamond Exploration and Mining in Canada
However, Calinger in [23] argues that Euler's eyesight problems almost certainly started earlier and that the severe fever of 1735 was a symptom of the eyestrain.
Problems in mathematical physics had led Euler to a wide study of differential equations.
He considered the Euler angles and studied rotational problems which were motivated by the problem of the precession of the equinoxes.
brysonburke.com /latest_euler.html   (3991 words)

  
 Rob Roy Kelly Pedagogy: Teaching and Learning
Teachers are obliged to define and present problems in a manner conducive to student development.
The problems that they presented and the imagery interested me. I asked questions about criteria, objectives and process, and carefully listened to their remarks and criticism of student projects.
Problems were limited in scope and greater emphasis was placed on visual relationships; professional attitudes were stressed over professional practices.
www.rit.edu /~rkelly/html/03_ped/ped_tea1.html   (1236 words)

  
 The Basel Mission
An important problem the Missionaries had to face was the economic backwardness of a large portion of their congregation.
The Basel Mission was thus faced with the problem of handling this situation.
Though the Basel Mission is best known in India for the Industries connected with it and through the Industrial department has in the course of time become an integral part of it.
www.geocities.com /Athens/2960/basel.htm   (2175 words)

  
 ABA Banking Online / Basel II
Facing a rising chorus of “whoa” from bankers and Congress, the U.S. regulators agree to try to level the Basel II landscape by making revisions to Basel 1 that would apply to the vast majority of banks not required or electing to use Basel II.
Problem is, they won't know until later, but it takes years of work to get ready.
Part of the operational risk problem is that large banks compete with non-bank money managers, recordkeepers, disbursement agents and transaction processors.
www.ababj.com /basel.html   (896 words)

  
 Satya April 02: Exporting Harm by the Basel Action Network and Silicon Valley Toxics Coalition
The Basel Action Network (BAN), a global watchdog network focused on toxic trade, began the investigation with support from member organizations of another activist network, “Waste Not Asia,” and the Silicon Valley Toxics Coalition, a coalition advocating for a clean and safe high-tech industry.
The Basel Convention calls on all countries to reduce their exports of hazardous wastes to a minimum and, to the extent possible, deal with their waste problems within national borders.
Indeed, this is an obligation of the Basel Convention regardless of the level of waste management technology in the importing country.
www.satyamag.com /april02/basel.html   (2099 words)

  
 Intro to the Basel Committee
The Basel Committee on Banking Supervision (BC or the Committee) is made up of representatives from Belgium, Canada, France, Germany, Italy, Japan, Luxembourg, the Netherlands, Spain, Sweden, Switzerland, United Kingdom, and the United States.
First, Basel II would introduce flexibility by allowing a bank to select from various options a capital structure that matches the complexity of the bank’s operations.
Second, Basel II includes new procedures under which supervisory agencies would review a bank’s internal processes for the purpose of insuring that capital and risks are properly evaluated and structured.
www.complianceheadquarters.com /AML/AML_Articles/basel_committee.html   (714 words)

  
 Euler biography
Their son Leonhard Euler was born in Basel, but the family moved to Riehen when he was one year old and it was in Riehen, not far from Basel, that Leonard was brought up.
Leonhard was sent to school in Basel and during this time he lived with his grandmother on his mother's side.
Euler wrote an article on acoustics, which went on to become a classic, in his bid for selection to the post but he was not chosen to go forward to the stage where lots were drawn to make the final decision on who would fill the chair.
www-groups.dcs.st-and.ac.uk /~history/Biographies/Euler.html   (4277 words)

  
 Biography of Euler
Leonhard Euler, from Basel, Switzerland, was one of the most prolific mathematicians of all time.He was born to Margaret and Reverend Paul Euler on April 15, 1707.
The math Euler used in the Konigsberg#246; Bridge problem is also related to the orbits of planets that he calculated.
In planetary orbit nodes are one of the factors that determine the position of a planets orbit.
www.andrews.edu /~calkins/math/biograph/bioeuler.htm   (1335 words)

  
 Visual Numerics - Developers of IMSL and PV-WAVE
When Ph.D. students at the University of Basel in Switzerland wanted to create a complex visual data analysis application that casual users could rely on for scanning probe microscopy data, they found a single solution that could complete the entire job æ PV-WAVE from Visual Numerics, Inc.
Currently, 30 people use the SXM-SHELL at the University of Basel, and there are other installations at research centers in Europe and the United States, primarily in Switzerland, Hungary, Sweden and California.
Basel, with nearly 200,000 people and 2000 years of history, is located at the elbow of the Rhine on the borders of France and Germany.
www.vni.com /successes/ubasel.html   (1564 words)

  
 basel ii training and consulting | basel ii compliance training | basel ii compliance | corporate governance | basel ii ...
This systematic exploration of the way things are, and the way they should be is the basis for decisions about how to improve the current situation.
In order to determine the weaknesses in your Basel ii compliance effort, a confidential SWOT analysis (Strengths, Weaknesses, Opportunities and Threats Analysis) of your current compliance situation is necessary.
In order to determine the weaknesses in your Basel ii effort, a confidential SWOT analysis (Strengths, Weaknesses, Opportunities and Threats Analysis) of your current compliance situation is necessary.
www.basel-ii-training.com /ConsultingC.htm   (855 words)

  
 Raising Awareness on Basel Convention and Toxic Waste Trade among the Port & Dock, Railways and Other workers - ...
The Basel Ban on Trade in Toxic Wastes represents the recognition by all countries that trade in toxic wastes is harmful to environment and human health and therefore should be avoided and prevented.
It is indeed the number one problem in the OECD countries today; With local community pressure groups in the developed countries not allowing their industries to dump waste in their backyards, lots of Companies have tried to solve this problem by exporting to, the developing countries where ever waste imports are allowed.
In 1994, the govemments of the world which were party to the Basel Convention resoived to ban the export of hazardous wastes from industrialised to less-industrialised countries for "final disposal" (effective immediately) and "recyling" (effective January 1, 1998).
www.ilo.org /public/english/dialogue/actrav/enviro/trainmat/basel.htm   (2962 words)

  
 Hyperion Solutions for Compliance, Basel II, Compliance - Hyperion
A significant transformation in banking and risk management practices is occurring since the Basel Committee on Banking Supervision’s Capital Accord was introduced the 1988.
To be in compliance with Basel II, a banking institution must deliver appropriate reporting of operational risk exposures and loss data to its board of directors and senior management.
Compliance with Basel II therefore requires analysis of enormous amounts of data, particularly in the case of banks with large networks of domestic and foreign branches.
www.hyperion.com /solutions/project/compliance/basel2.cfm   (297 words)

  
 Leonhard Euler   (Site not responding. Last check: 2007-10-03)
Born and educated in Basel, he was a mathematical child prodigy.
Leonhard Euler was born on April 15, 1707 as the son of a Lutheran minister in Basel, Switzerland.
In 1736 Euler solved, or rather proved insoluble, a problem known as the seven bridges of Königsberg, publishing a paper Solutio problematis ad geometriam situs pertinentis which was the earliest application of graph theory or topology.
leonhard-euler.iqnaut.net   (1329 words)

  
 Basel face stiff penalties over match violence (eng, NZZ Online)
Saturday's dramatic finale to the season, which saw Zurich snatch the title from Basel with a goal in the 93rd minute, was immediately followed by some of the most shocking scenes ever witnessed at a sporting event in Switzerland.
Inside Basel's St Jakob Park stadium police had to form a cordon to protect Zurich supporters, as members of the crowd supporting the home side poured onto the pitch attacking Zurich players and staff.
Basel's hooligan element is generally seen as one of the worst in the country.
www.nzz.ch /2006/05/15/eng/article6720174.html   (675 words)

  
 BAN, Wireless Waste: The Next Hazardous Waste Challenge (Oct 2004) | incommunicado
But, the greater problem lies in the unjust transfer of toxins to these countries who are the least capable of addressing the problem.
The call for environmentally sound management, minimization of transboundary movement, prevention of the waste’s generation, generator responsibility for the wastes, are just some of the crucial benefits and protection the Convention offers.
This paper further provides an examination of the relevant Basel provisions that highlight its spirit and intent that includes all forms of “refurbishment”, “reconditioning” operations within its “disposal” definitions.
www.incommunicado.info /node/119   (357 words)

  
 Francis Woodhouse - Down With Numbers » Maths
This is about the point where everyone rolls their eyes and sighs that they “were never any good at maths,” while looking for a way to get out of the conversation.
It lies at the heart of the greatest open problem in mathematics, the Riemann hypothesis, unproven since its nonchalent postulation by Bernhard Riemann in a ground-breaking 1859 paper on prime numbers.
While little is known about many aspects of the function (indeed, ζ(3) was only proven to be irrational in 1977 by Apéry, and no-one’s even managed ζ(5) since then), it is possible to give an exact formula in terms of Bernoulli numbers for the zeta of positive, even integers.
www.downwithnumbers.com /maths   (302 words)

  
 Podcasts from Basel
We’re just at the half-way point of the initial pilot study but if the results of the second half of the study are as promising as the first, we’ll have the data to justify moving into large-scale Phase III studies.
Our second podcast from the Spirit of Basel conference is a short talk from MAPS President Rick Doblin, who discusses meeting with European psychedelic researchers, what MAPS has accomplished so far on our Swiss tour, and what he'd do if someone came by the conference and donated a half a million dollars to MAPS.
The ceremony for Albert's 100th birthday was magnificent, in the beautiful Basel Museum of Culture, with messages of congratulations sent by the President of Switzerland and the Mayor of Basel.
www.maps.org /weblogs/brandy   (7315 words)

  
 Basel Convention Addresses Growing E-Waste Problem | EarthTrends
The eighth meeting of the Conference of the Parties (COP8) to the Basel Convention, an international treaty controlling hazardous waste trade and disposal, was held last week in Nairobi, Kenya.
Some worry that the Basel Convention lacks the mandate and financial resources to seriously tackle the growing e-waste challenge.
Over 60 countries also continue to support the Basel Ban Amendment (making all trade of hazardous waste from developed to developing countries illegal), which was adopted in 1995 but has yet to enter into force.
earthtrends.wri.org /updates/node/120   (432 words)

  
 Making a Name Change or Choosing a Baby Name - What you need to know about name meanings
Although the name Basel creates the urge to be reliable and responsible, we emphasize that it frustrates you through a scattered and emotional nature.
As Basel, you have a natural interest in the welfare of your fellow man, and a desire to help and serve others in a humanitarian way.
You are good-natured and likeable, and people tend to confide in you and seek your advice in personal problems.
www.kabalarians.com /male/basel.htm   (445 words)

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