45 research outputs found

    Geographical and temporal distribution of SARS-CoV-2 clades in the WHO European Region, January to June 2020

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    We show the distribution of SARS-CoV-2 genetic clades over time and between countries and outline potential genomic surveillance objectives. We applied three available genomic nomenclature systems for SARS-CoV-2 to all sequence data from the WHO European Region available during the COVID-19 pandemic until 10 July 2020. We highlight the importance of real-time sequencing and data dissemination in a pandemic situation. We provide a comparison of the nomenclatures and lay a foundation for future European genomic surveillance of SARS-CoV-2.Peer reviewe

    Multinational banks in regulated markets : is financial integration desirable?

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    A core question regarding the increasing share of international trade in financial services is whether this causes banks to take more or fewer risks. We study this issue in a setting where two multinational banks engage in duopoly competition for their lending in two regional markets. Each bank affiliate can choose both the lending volume and the level of monitoring, and hence risk-taking, where the risk of bank failure is partly borne by taxpayers in the bank affiliate's host country. Governments choose minimum capital requirements to optimally solve the trade-off between higher lending volumes and consumer surplus, and the expected tax losses faced by taxpayers. In this setting we consider two types of financial integration. A reduction in the transaction costs of cross-border banking increases risk-taking by banks, harming taxpayers and potentially overall welfare. In contrast, a reduction in the costs of screening foreign firms reduces banks' risk-taking and is beneficial for consumers and taxpayers alike

    Livestock Use has Mixed Effects on Slender Orcutt Grass in Northeastern California Vernal Pools

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    Land managers often face the dilemma of balancing livestock use with conservation of sensitive species and ecosystems. For example, most of the remaining vernal pools in California are grazed by livestock. Vernal pools are seasonal wetlands that support many rare and endemic species, such as slender Orcutt grass (Orcuttia tenuis Hitchc.). Although studies in other areas of California have demonstrated that livestock use may benefit some vernal pool specialist species, grazing has been considered a threat to slender Orcutt grass in northeastern California. We evaluated the effects of livestock use on slender Orcutt grass using a replicated, paired design across a range of environmental conditions and grazing management regimes. Frequency, density, cover, reproductive potential, and height of slender Orcutt grass was compared in plots where livestock had been excluded with plots where grazing occurred. We found that livestock do not directly graze slender Orcutt grass, so the effects of livestock use on this species are indirect. These indirect effects are complex, including both positive, neutral, and negative effects. Year had the largest effect on slender Orcutt grass, probably as a result of variation in annual precipitation patterns. Livestock use had no effect in some years; in other years slender Orcutt grass was twice as abundant in unfenced than in fenced plots. Litter cover was also lower in unfenced plots in these years, suggesting that livestock use may benefit slender Orcutt grass in some years by reducing litter accumulation. Conversely, livestock use negatively affected slender Orcutt grass in pastures where livestock hoofprint cover was high, including pastures that were grazed early in the season. By considering patterns of annual variation in environmental factors such as precipitation, site conditions, and season of grazing, land managers can balance the needs of sensitive vernal pool species with maintaining livestock utilization on public lands. © 2016 The Society for Range Management. Published by Elsevier Inc. All rights reserved.The Rangeland Ecology & Management archives are made available by the Society for Range Management and the University of Arizona Libraries. Contact [email protected] for further information
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