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Science

From single cells to multicellular organisms: witnessing evolution

Researchers from the George Institute of Technology and University of Montana have witnessed in real-time the development of single-cell algae into more complex multicellular organisms – and, astonishingly, the process took only 50 weeks, or just 750 generations. The only driving environmental factor was predation by another simple, single-celled organism. The

By Henry Alman
What are derivatives and how are they used?

Business

What are derivatives and how are they used?

Warren Buffet has described them as “financial weapons of mass destruction”. Robert Kiyosaki said that the subprime Morgage Backed Security (MBS) disaster was a result of them “exploding in financial institutions such as AIG and Lehman Brothers”. So, what exactly are derivatives? A derivative is a financial security with a

By Tom Alston