The reasons behind Mumbais decline can be put down to little ploughback of money into infrastructure and skill development within the city.
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Much of the memory in our brain, for example, is dispersed among a huge number of contacts between many neurons. These contacts are not identical in different individuals or in different memories. Before the catastrophic decline of real senescence occurs, the way these contacts evolve improves over time: the capacity for collecting new memories may be slowly declining as a process, but memory as a whole increases. This is the paradox of what scientists call the "growth advantage in stationary phase": when old and young microbial cultures are forced to compete, the old one wins the contest.
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The ECB announcement saw a strong rally in riskier assets and the euro. Investors saw the ECB pledge as a crucial step in containing the euro zone crisis and keeping the euro intact. Risk appetite was boosted further when the US non-farm payrolls data came in lower than expected, raising hopes that the US Federal Reserve could soon provide another round of monetary stimulus through large-scale asset purchases (popularly known as a third quantitative easing or QE3).
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19 Drink real cider in an orchard in Herefordshire.
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Barriers of earth have been piled in front of houses to try to prevent the sugary liquid from engulfing them.
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