Air passenger believed economics professor belonged to terrorist group Al-gebra

Guido Menzio is associate professor in the department of Economics at the University of Pennsylvania. One of his specialties is search theory. He was on his way to give a talk in Quebec. A female passenger had been concerned about his [mathematical] writings — though not just his writings, one suspects. Guido Menzio is associate …

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Cheap oil shock could see $30 per barrel before stabilizing around $70 – Russia is close to financial collapse

Canadian Natural Resources Ltd. Chairman Murray Edwards said crude oil may sink as low as $30 a barrel before rebounding to stabilize at $70 to $75 a barrel, the Financial Post reported. Oil has dropped 38 percent this year and, in theory, production can continue to flow until prices fall below the day-to-day costs at …

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