The Prize in Economic Sciences in Memory of Alfred Nobel, also known as The Nobel and Memorial Prize in Economic Sciences, commonly referred to as the Nobel Prize in Economics, is an award for outstanding contributions.

The prize is this year awarded to Abhijit Banerjee, MIT, Esther Duflo, MIT and Michael Kremer, Harvard.

This is great. Not only since Esther Duflo is only the second female proze winner ever, but foremost for the reason of the prize.

Award winners are rewarded for their work in identifying the measures that are most effective in combating global poverty. In doing so, they step right into the debate where the legitimacy of unemployment assistance is in question and more and more want to move away from the one-percent goal of Swedish aid.

Their most important efforts are that they design field trials and field studies, which test different interventions and refine them to give better results.

For somebody like me that have worked in more than 120 countries, modt of them developing countries and enämerging economies is this fantastic news. Congratulations.

Now let us use these scientific advancements to erase poverty.

As negotiations continues for a last minute Brexot deal, the clock is ticking towards October 31st.

On Thursday EU28 leaders meet for the last Council before the United Kingdom is scheduled to leave the European Union.

Is there time for a deal? Yes, there is still time but it is getting close.

Sky News writes that Sunday saw the first official indications of how the intensified talks between UK and EU negotiators have progressed over the weekend.

Boris Johnson briefed his cabinet in a conference call, while the EU’s chief negotiator Michele Barnier spoke to European ambassadors.

Both sides appear to have given very similar accounts of where things are – in short, that while talks have not yet broken down, there is yet to be a breakthrough.

The prime minister said there was a “pathway” to a deal ahead of the EU leaders’ summit in Brussels on Thursday, but that there was still a “significant amount of work to do”.

A statement from the EU Commission echoed that appraisal, saying “A lot of work remains to be done.”

While Mr Johnson’s briefing to his ministers has not, so far, resulted in leaks about the details of the negotiations, EU diplomatic sources have suggested the dispute over customs arrangements in Northern Ireland remains the major hurdle.

As MPs return to Westminster for the Queen’s Speech, they will be watching developments in Brussels closely as they prepare for what could be a tumultuous and highly unpredictable week.

Source: Sky News

We are waiting for the masterpiece. Every report is saying that tHe best film director alive, Martin Scoreses, is back in his own garden and delivering his lifetime performance. He has a cast of De Niro, Pacino, and Pesci helping him. It is time for The Irishman.

The film is based on the excellent book, I Heard You Paint Houses by Charles Brandt where a mob hitman recalls his possible involvement in the death of Jimmy Hoffa.

The film is released in theatres on November 1st and Netflix on November 27th.