Le contrat notionnel : efficience et causalité.

The main topic of this paper is about the overall functionnning of the french futures bonds market. Three mains questions are asked: (1) Is the futures market inefficient? (2) Is there any free lunch between the future market and the spot market? (3) Does one of these markets play a leader role? Econometric tests give globally an negative answer to all these three questions. The arbitrage's opportunities which have been detected in the period 86.12-90.06 can be explained by the restrictions to sell-short bonds in the french cash market. The two tests on the rationality of the expectations which have been undertaken (a time series test and a panel data test) yield the same conclusion : one cannot reject the assumption that the market is efficient. Finally, tests of causality between the future market and the cash market on daily data shows strong instantaneous correlation between them. Concerning delayed causality, the future market have played a leader role during the period 90.01-93.06 during which one has observed an overall stability of the futures prices.Futures markets ; Efficiency ; Causality.

Active tectonism in the intracontinental Middle Atlas Mountains of Morocco: Synchronous crustal shortening and extension

This material has been published in The Journal of the Geological Society of London, Volume 153, the only definitive repository of the content that has been certified and accepted after peer review. Copyright and all rights therein are retained by The Geological Society of London. Copyright ? 2006 The Geological Society of London See also: http://www.geolsoc.org.uk/template.cfm?name=journals_jgs_home_page; http://atlas.geo.cornell.edu/morocco/publications/gomez1996.htmGeological field observations are integrated with digital topography, LANDSAT imagery, and earthquake focal mechanisms to investigate the Middle and Late Quaternary tectonism in the intracontinental Middle Atlas mountain belt in northern Morocco. The NE-SW-trending Middle Atlas Mountains, approximately 80 km in width and about 200 km long, are part of the Atlas system of northwestern Africa and represent an inverted rift that developed into an intracratonic mountain system in the foreland of the Alpine collisional zone. The Middle Atlas is composed of two provinces, the Folded and Tabular Middle Atlas, representing the palaeo-rift and a flank of the palaeo-rift, respectively. Evidence for Late Quaternary tectonism is provided by the analysis of stream morphology in addition to geological relations. Kinematic analysis of fault-slip data and earthquake focal mechanisms demonstrate the coexistence of both extensional and compressional deformation in different areas of the Middle Atlas with a common sinistral component of slip along NE-SW-striking fault zones. Compressional features dominate the Folded Middle Atlas, whereas extension predominates in the Tabular Middle Atlas. Extension is also manifested by widespread Middle to Late Quaternary alkali volcanism. The observed kinematic variations appear to correlate with the Mesozoic palaeogeography; one possible model may involve tectonic escape. This suggests that differences in the structures inherited from the Mesozoic and Palaeozoic may influence the responses of the different regions to the Cenozoic Alpine collision between Europe and northwest Africa

Evaluating the predicted reliability of mechatronic systems: state of the art

Reliability analysis of mechatronic systems is a recent field and a dynamic branch of research. It is addressed whenever there is a need for reliable, available, and safe systems. The studies of reliability must be conducted earlier during the design phase, in order to reduce costs and the number of prototypes required in the validation of the system. The process of reliability is then deployed throughout the full cycle of development. This process is broken down into three major phases: the predictive reliability, the experimental reliability and operational reliability. The main objective of this article is a kind of portrayal of the various studies enabling a noteworthy mastery of the predictive reliability. The weak points are highlighted. Presenting an overview of all the quantitative and qualitative approaches concerned with modelling and evaluating the prediction of reliability is so important for future reliability studies and for academic research to come up with new methods and tools. The mechatronic system is a hybrid system, it is dynamic, reconfigurable, and interactive. The modeling carried out of reliability prediction must take into account these criteria. Several methodologies have been developed in this track of research. In this regard, the aforementioned methodologies will be analytically sketched in this paper.Comment: 13 page, Mechanical Engineering: An International Journal (MEIJ), Vol. 3, No. 2, May 201

Mass treatment of trachoma with azithromycin 1.5% eye drops in the Republic of Cameroon: feasibility, tolerance and effectiveness

International audienceAn epidemiological study carried out in 2006 indicated the existence of a high prevalence of blinding trachoma in the Kolofata Health District, Far North Region, Cameroon. As a result, the national blindness control program of Cameroon instituted a trachoma elimination programme using the SAFE strategy

Schmallenberg virus detection in Culicoides biting midges in Spain: First laboratory evidence for highly efficient infection of Culicoides of the Obsoletus complex and Culicoides imicola

Since Schmallenberg disease was discovered in 2011, the disease rapidly spread across Europe. Culicoides biting midges have been implicated as putative Schmallenberg vectors in Europe. The detection of Schmallenberg virus (SBV) in field collected Culicoides was evaluated through retrospective (2011–2012) collections and captures performed in 2013. This study represents the first detection of SBV in field collected Culicoides in Spain. Infectious midges were detected at the foothills of Pyrenees, Aramunt, in the summer 2012. All the specimens infected with Schmallenberg were of the species Culicoides obsoletus s.s. confirming its putative vector status in Spain. Experimental infection on field collected Culicoides provided evidence of atypical high efficiency for SBV vector infection and transmission potential in local populations of Culicoides imicola and in Culicoides of the Obsoletus complex. However, captured individuals of C. imicola were more susceptible to SBV infection than C. obsoletus s.l. (p < .001), with an infection ratio of 0.94 and 0.63, respectively. In contrast, a Culicoides nubeculosus colony appeared to be refractory to SBV infection.info:eu-repo/semantics/acceptedVersio

Catalytic Oxidation of Soot and Volatile Organic Compounds over Cu and Fe Doped Manganese Oxides Prepared via Sol-Gel Synthesis

A set of manganese oxide catalysts was synthesized and doped with Cu and/or Fe by means of the citric acid sol-gel preparation method. The samples were studied by means of several characterization techniques: field-emission scanning electron microscopy (FESEM), X-ray powder diffraction (XRD), N2-physisorption at -196 °C, H2 and soot temperature-programmed reduction (H2-TPR, soot-TPR) and X-ray photoelectron spectroscopy (XPS). The catalytic performance of the prepared catalysts was investigated in the oxidation of a probe VOC molecule (propylene) and carbon soot singularly and simultaneously. The catalytic performances were studied as well assuring a content of 5 vol.% of water in the gaseous reactive mix. The investigations evidenced that the best soot catalytic oxidation rates occurred over the Mn2O3 sample, while the copper-doped manganese oxide (i.e. the MnCu15) showed the best performance in the decomposition of propylene. The soot conversion rates of the samples were positively correlated to the Mn3+/Mn2+ ratio of the samples, while the activity in the oxidation of propylene could be attributed to the reducibility enhancement caused by the insertion of Cu species in the structure of Mn2O3. The most active samples in soot oxidation demonstrated only a slight catalytic activity deactivation after thermal aging and practically no deactivation during the tests with humidity. Interestingly, the simultaneous soot-propylene oxidation tests evidenced an enhancement of the oxidation of soot particles in "tight"contact with the catalyst, likely due to a cooperative effect between soot and propylene oxidation

Catalytic Abatement of Volatile Organic Compounds and Soot over Manganese Oxide Catalysts

A set of manganese oxide catalysts was synthesized via two preparation techniques: solution combustion synthesis (Mn3O4/Mn2O3-SCS and Mn2O3-SCS) and sol-gel synthesis (Mn2O3-SG550 and Mn2O3-SG650). The physicochemical properties of the catalysts were studied by means of N2-physisorption at −196◦ C, X-ray powder diffraction, H2 temperature-programmed reduction (H2-TPR), soot-TPR, X-ray photoelectron spectroscopy (XPS) and field-emission scanning electron microscopy (FESEM). The high catalytic performance of the catalysts was verified in the oxidation of Volatile Organic Compounds (VOC) probe molecules (ethene and propene) and carbon soot in a temperature-programmed oxidation setup. The best catalytic performances in soot abatement were observed for the Mn2O3-SG550 and the Mn3O4/Mn2O3-SCS catalysts. The catalytic activity in VOC total oxidation was effectively correlated to the enhanced low-temperature reducibility of the catalysts and the abundant surface Oα-species. Likewise, low-temperature oxidation of soot in tight contact occurred over the Mn2O3-SG550 catalyst and was attributed to high amounts of surface Oα-species and better surface reducibility. For the soot oxidation in loose contact, the improved catalytic performance of the Mn3O4/Mn2O3-SCS catalyst was attributed to the beneficial effects of both the morphological structure that—like a filter—enhanced the capture of soot particles and to a probable high amount of surface acid-sites, which is characteristic of Mn3O4 catalysts

Photo-catalytic activity of BiVO4 thin film electrodes for solar-driven water splitting

There is an ever-increasing attention directed to the development of solar fuels by photo-electrochemical water splitting, given the inexhaustible availability of solar energy. The water oxidation half-reaction is a critical step for the overall water splitting reaction, and the development of suitable photoanodes is therefore required. The present research work focuses on bismuth vanadate thin films’ deposition on FTO glass electrodes, through the dip coating technique, and discusses the influence of the film preparation technique on the electrode's photo-electrochemical performance. The bismuth vanadate thin films were synthesized with thicknesses ranging from 60 to 210 nm, depending on a number of dip coatings from 2 to 15. The structural and optical characterization of the films showed that monoclinic scheelite-type phase was obtained in all samples, with crystal sizes ranging from 24 to 65 nm, at increasing film thicknesses, and corresponding band gaps between 2.55 and 2.35 eV. A maximum photo-current density of about 0.57 mA cm−2 at 1.23 V vs. RHE under sunlight illumination was obtained for an electrode thickness of 160 nm. The electrochemical impedance spectroscopy elucidated the transport mechanisms occurring at the electrolyte–electrode interface, as well as inside the film. The estimation of the equivalent circuit parameters showed that an increasing film thickness decreased the resistance associated to the charge transfer between the electrolyte and the electrode (from 1100 to 450 Ω, from 60 to 160 nm layer thickness, respectively), given the higher number of active sites involved in the reaction. However, excessive film thicknesses increase the probability of charge recombination within the film and, in the specific case here investigated, can also be associated to film imperfections arising from several deposition-calcination cycles, which further act as traps. These concurring phenomena are of high relevance to isolate the rate-determining step of the water oxidation half-reaction, in the perspective of an optimization of bismuth vanadate film coating on FTO to obtain photo anodes

Giant aneurysm of the right intra thoracic sub-clavian artery presenting as a dysphonia

Aneurysms of the intra-thoracic subclavian artery (SCA) are rare. They are often revealed by complications. Surgical treatment is always indicated. Endovascular treatment is a less invasive alternative. We report a case of a 60 years-old woman admitted for right chest pain and dysphonia. Laryngoscopy noted a right vocal cord palsy. Chest computed tomography and angiography showed a giant aneurysm of the intra-thoracic right SCA. A resection-ligation of the aneurysm was performed by a supra-clavicular approach. Postoperative course was uneventful. The histology defined an atherosclerotic aneurysm. The patient underwent voice reeducation with partial improvement after six months