Caution Light: The Anik E2 Solar Disruption And Its Effect On Telesat Canada

Telesat Canada is a satellite communications firm, founded in 1969, that provides global broadcast and broadband services. Its fleet of satellites includes the geostationary Anik line. On January 20, 1994, a major solar storm knocked out communications on two Anik satellites. Anik E1 was recovered through a backup system within hours. However, Anik E2 was non-operational until June 31, 1994, when engineers used an innovative ground fix to regain control. This thesis proposes to trace what happened to Anik E2 and its effect on Canada\u27s broadcast industry. It will act as a case study for the implications for satellite companies looking to gird themselves against the effects of solar storms. The aim is to provide a comprehensive overview of what was learned from the near-loss of Anik E2 and to provide information for broadcast professionals, satellite technicians and policy makers concerning what to do should a similar incident happen again

Short selling restrictions in the EU and the US: a comparative analysis

This is the author accepted manuscript. The final version is available from Taylor & Francis via https://doi.org/10.1080/14735970.2016.119844

How should financial governance disputes be resolved after Brexit?

Financial governance is complex and dynamic, and disputes between the UK and EU will inevitably emerge. How should they be resolved? Elizabeth Howell (LSE) sets out three possible models

The regulation of short sales: a politicised topic

This paper considers the IOSCO principles on short selling regulation, and applies these to the regulations in place the US, the EU, and Hong Kong. The paper argues that practice of short selling is beneficial for markets, and that the justifications for (particularly) permanent restrictions do not stand up to rigorous scrutiny. It suggests that politics is often the key factor shaping its regulation, and that regulators tend to respond to such interests, producing a lack of international convergence with respect to the laws in existence around the world. Short selling is undoubtedly a sensitive topic, but if it is to be regulated, it merits implementing and enforcing global rules. This is unrealistic, but so are the inconsistent, go-it-alone approaches currently adopted by IOSCO’s members

‘Post-‘Brexit’ Financial Governance: Which Dispute Settlement Framework Should be Utilised?’

This contribution to the ongoing Brexit discussions addresses topical legal and regulatory issues in the post-Brexit policy debate, especially the questions surrounding the important area of financial governance and dispute resolution. Specifically, a number of future UK/EU legal disputes with respect to financial services may emerge post-‘Brexit’. The article examines the UK’s track record at the CJEU, and discusses some likely future challenges. It then considers which institutional framework should be used for resolving disagreements. The article assesses the strengths and weaknesses of three potential models (the proposed Swiss/EU institutional framework; the EFTA ‘docking’ option; and the WTO system) and provides an original cross-model evaluation. It also discusses the associated design challenges that EU and UK negotiators may encounter in the attempt to devise a post-Brexit dispute settlement system

Post-Brexit UK Fund Regulation: Equivalence, Divergence or Convergence?

The UK’s collective investment scheme (‘CIS’) sector is a key aspect of UK financial services. With the UK’s forthcoming departure from the EU, it has also become a politically salient topic, with various Member States competing to lure business to their financial centres in the light of ‘Brexit’. Brexit prompts hard choices and a key question arising for the CIS industry is whether the UK should continue to shadow EU law or whether elements of regulatory divergence could be envisaged. With a view to a greater understanding of the nuance contained within this issue, this paper considers the case study of the UK’s CIS sector, which is of considerable significance to the UK’s economy. Asset management firms invest and manage large sums of money for investors (ranging from individuals to institutions and governments); they invest in a broad range of UK and international enterprises, and make financial decisions that will affect their clients’ financial wellbeing. Asset managers offer expertise, asset diversification, and economies of scale which investors would not be able to obtain investing individually, resulting in lower transaction costs. The City of London has long specialised in asset management, and an abundance of reports quantify its importance to the UK. The sector serves a global client base; it is the second largest in the world after the US; and it is the largest in Europe. It supports an estimated 100,000 jobs in the UK, and is a key driver of funding for the UK’s economy

Can You Hear Me, Major Tom? Open Issues In Extra-Vehicular Activity Communications

High-reliability organizations (HRO) and organizations in isolated, confined environments (ICE) both operate under conditions where reliability is expected, but do not appear to have similar emphases placed on total reliability, based on a brief survey of the literature. A content analysis searched out a stronger relationship between HRO and ICE. Leadership and team size are hypothesized as differences between HRO and ICE, since the literature appears to show HRO as taking place in larger teams with more distinct hierarchies. This dissertation examined this postulation, based on two sub-hypotheses. Hypothesis 1 is that the error rate of a team\u27s actions is inversely related to the size of the team, based on the distinction between HRO and ICE. Hypothesis 2 is that transformational leaders in ICE reduce the number of human errors compared with transactional leaders, since Bass suggests transformational leaders better inspire their teams to improve. Two datasets were gathered to test these hypotheses. The first, in support of Hypothesis 1, was a meta-synthesis of team literature. The second, in support of Hypothesis 2, were new recordings of extra-vehicular activities (EVAs) from two crews at the University of North Dakota Inflatable Lunar/Martian Analog Habitat (ILMAH). The result for Hypothesis 1 is inconclusive, and the result for Hypothesis 2 was rejected

Regulatory Intervention in the European Sovereign Credit Default Swap Market

The European Short Selling Regulation not only restricts the short selling of shares but (largely in response to the European sovereign debt crisis) also extends its reach into regulating the sovereign debt market. In particular, the Regulation imposes a prohibition on entering into uncovered sovereign credit default swaps (CDSs): a functionally equivalent mechanism to short selling the underlying bonds. This paper provides an overview of sovereign CDSs and their uses and places the concerns voiced about sovereign CDSs in context through an analysis of the relevant economic literature. It then discusses the Regulation’s provisions in the light of these findings. The paper suggests that there are many benefits to using sovereign CDSs and little to support the accusations that developments in the sovereign CDS markets aggravated the sovereign debt crisis. The restrictions may also reduce interest in the underlying bond markets and so may in fact harm the sovereign issuers the provisions were designed to protect.Carnegie Trus

Beautiful And Terrible In The Face: Reconfiguring The Southern Beauty Myth Through The Short Fiction And Autobiographical Writings Of Eudora Welty

From her personal appearance as the “ugly duckling” of southern literature, to her narrative preoccupations as a writer of grotesques, Eudora Welty has been critically separated from the realm of southern beauty and femininity. Drawing textual evidence from Welty’s strategic invocation of beauty acts and products in her short fiction and autobiographical writings, this thesis insists upon Welty’s lifelong stake in beauty culture, as it is practiced by southern women across the socioeconomic spectrum. Across her body of short fiction—a substantial portion of which was first published in women’s fashion magazines—Welty details the ways in which beauty, as expressed through personal grooming rituals and consumer acts, allows women to tangibly project their interior identities to society, transcend the limitations of patriarchal authority and social class, and command creative control over their personal narratives. Bridging the gap between high culture and the everyday, Welty’s beauty-inflected writings acknowledge radical potentialities for the universal feminine experience of “making up,” thus lending a recognizable praxis for studying the conflicting and often inexplicable emotions, rituals, and iconographies that comprise beauty culture in the American South. Ultimately, I contend that Welty is preternaturally equipped as a writer to initiate the messy, yet essential communion between mainstream beauty practices and radical gender politics by revising the popular myths that surround southern womanhood, and enabling her female characters to reclaim beauty for their own socioeconomic and creative advancement

Immanence and transcendence : aesthetic responses to 'madness' in women's literature from 1892

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