The Greek Crisis: Causes and Consequences

Greece has reached a point where, under any plausible macroeconomic scenario, public debt will continue growing faster than GDP. Fiscal consolidation alone cannot close the solvency gap. A substantial reduction in the stock of debt is needed. Even post-debt restructuring, there is no guarantee that the government will succeed in its dual goal of restoring fiscal solvency and closing the competitiveness gap. Yet we think Greece stands a better chance of accomplishing these goals from inside the EMU rather than outside it. This chapter takes stock of the factors that led to the explosion of public debt, the loss of competitiveness, and the failure of the first EU-IMF programme. We also present our views on the likely debt restructuring (and post-restructuring) scenarios.

The Greek crisis: Causes and consequences

Greece has reached a point where, under any plausible macroeconomic scenario, public debt will continue growing faster than GDP. Fiscal consolidation alone cannot close the solvency gap. A substantial reduction in the stock of debt is needed. Even post-debt restructuring, there is no guarantee that the government will succeed in its dual goal of restoring fiscal solvency and closing the competitiveness gap. Yet we think Greece stands a better chance of accomplishing these goals from inside the EMU rather than outside it. This chapter takes stock of the factors that led to the explosion of public debt, the loss of competitiveness, and the failure of the first EU-IMF programme. We also present our views on the likely debt restructuring (and post-restructuring) scenarios

Pharmacology and clinical drug candidates in redox medicine

SIGNIFICANCE Oxidative stress is suggested to be a disease mechanism common to a wide range of disorders affecting human health. However, so far, the pharmacotherapeutic exploitation of this, for example, based on chemical scavenging of pro-oxidant molecules, has been unsuccessful. Recent Advances: An alternative emerging approach is to target the enzymatic sources of disease-relevant oxidative stress. Several such enzymes and isoforms have been identified and linked to different pathologies. For some targets, the respective pharmacology is quite advanced, that is, up to late-stage clinical development or even on the market; for others, drugs are already in clinical use, although not for indications based on oxidative stress, and repurposing seems to be a viable option. CRITICAL ISSUES For all other targets, reliable preclinical validation and drug ability are key factors for any translation into the clinic. In this study, specific pharmacological agents with optimal pharmacokinetic profiles are still lacking. Moreover, these enzymes also serve largely unknown physiological functions and their inhibition may lead to unwanted side effects. FUTURE DIRECTIONS The current promising data based on new targets, drugs, and drug repurposing are mainly a result of academic efforts. With the availability of optimized compounds and coordinated efforts from academia and industry scientists, unambiguous validation and translation into proof-of-principle studies seem achievable in the very near future, possibly leading towards a new era of redox medicine

Asymmetric core combustion in neutron stars and a potential mechanism for gamma ray bursts

We study the transition of nuclear matter to strange quark matter (SQM) inside neutron stars (NSs). It is shown that the influence of the magnetic field expected to be present in NS interiors has a dramatic effect on the propagation of a laminar deflagration (widely studied so far), generating a strong acceleration of the flame in the polar direction. This results in a strong asymmetry in the geometry of the just formed core of hot SQM which resembles a cylinder orientated in the direction of the magnetic poles of the NS. This geometrical asymmetry gives rise to a bipolar emission of the thermal neutrino-antineutrino pairs produced in the process of SQM formation. The neutrino-antineutrino pairs annihilate into electron-positron pairs just above the polar caps of the NS giving rise to a relativistic fireball, thus providing a suitable form of energy transport and conversion to gamma emission that may be associated to short gamma ray bursts (GRBs).Comment: 2 figure

Elemental abundance differences in the 16 Cygni binary system: a signature of gas giant planet formation?

The atmospheric parameters of the components of the 16Cygni binary system, in which the secondary has a gas giant planet detected, are measured accurately using high quality observational data. Abundances relative to solar are obtained for 25 elements with a mean error of 0.023 dex. The fact that 16CygA has about four times more lithium than 16CygB is normal considering the slightly different masses of the stars. The abundance patterns of 16CygA and B, relative to iron, are typical of that observed in most of the so-called solar twin stars, with the exception of the heavy elements (Z>30), which can, however, be explained by Galactic chemical evolution. Differential (A-B) abundances are measured with even higher precision (0.018 dex, on average). We find that 16CygA is more metal-rich than 16CygB by 0.041+/-0.007 dex. On an element-to-element basis, no correlation between the A-B abundance differences and dust condensation temperature (Tc) is detected. Based on these results, we conclude that if the process of planet formation around 16CygB is responsible for the observed abundance pattern, the formation of gas giants produces a constant downwards shift in the photospheric abundance of metals, without a Tc correlation. The latter would be produced by the formation of terrestrial planets instead, as suggested by other recent works on precise elemental abundances. Nevertheless, a scenario consistent with these observations requires the convective envelopes of 1 Msun stars to reach their present-day sizes about three times quicker than predicted by standard stellar evolution models.Comment: ApJ, in pres

Accurate Atmospheric Parameters at Moderate Resolution Using Spectral Indices: Preliminary Application to the MARVELS Survey

Studies of Galactic chemical and dynamical evolution in the solar neighborhood depend on the availability of precise atmospheric parameters (Teff, [Fe/H] and log g) for solar-type stars. Many large-scale spectroscopic surveys operate at low to moderate spectral resolution for efficiency in observing large samples, which makes the stellar characterization difficult due to the high degree of blending of spectral features. While most surveys use spectral synthesis, in this work we employ an alternative method based on spectral indices to determine the atmospheric parameters of a sample of nearby FGK dwarfs and subgiants observed by the MARVELS survey at moderate resolving power (R~12,000). We have developed three codes to automatically normalize the observed spectra, measure the equivalent widths of the indices and, through the comparison of those with values calculated with pre-determined calibrations, derive the atmospheric parameters of the stars. The calibrations were built using a sample of 309 stars with precise stellar parameters obtained from the analysis of high-resolution FEROS spectra. A validation test of the method was conducted with a sample of 30 MARVELS targets that also have reliable atmospheric parameters from high-resolution spectroscopic analysis. Our approach was able to recover the parameters within 80 K for Teff, 0.05 dex for [Fe/H] and 0.15 dex for log g, values that are lower or equal to the typical external uncertainties found between different high-resolution analyzes. An additional test was performed with a subsample of 138 stars from the ELODIE stellar library and the literature atmospheric parameters were recovered within 125 K for Teff, 0.10 dex for [Fe/H] and 0.29 dex for log g. These results show that the spectral indices are a competitive tool to characterize stars with the intermediate resolution spectra.Comment: Accepted for publication in AJ. Abstract edited to comply with arXiv standards regarding the number of character

Microfluidic platform for electrophysiological studies on Xenopus laevis oocytes under varying gravity levels

Voltage clamp measurements reveal important insights into the activity of membrane ion channels. While conventional voltage clamp systems are available for laboratory studies, these instruments are generally unsuitable for more rugged operating environments. In this study, we present a non-invasive microfluidic voltage clamp system developed for the use under varying gravity levels. The core component is a multilayer microfluidic device that provides an immobilisation site for Xenopus laevis oocytes on an intermediate layer, and fluid and electrical connections from either side of the cell. The configuration that we term the asymmetrical transoocyte voltage clamp (ATOVC) also permits electrical access to the cytosol of the oocyte without physical introduction of electrodes by permeabilisation of a large region of the oocyte membrane so that a defined membrane patch can be voltage clamped. The constant low level air pressure applied to the oocyte ensures stable immobilisation, which is essential for keeping the leak resistance constant even under varying gravitational forces. The ease of oocyte mounting and immobilisation combined with the robustness and complete enclosure of the fluidics system allow the use of the ATOVC under extreme environmental conditions, without the need for intervention by a human operator. Results for oocytes over-expressing the epithelial sodium channel (ENaC) obtained under laboratory conditions as well as under conditions of micro- and hypergravity demonstrate the high reproducibility and stability of the ATOVC system under distinct mechanical scenarios

A planetary companion around the K giant eps Corona Borealis

Aims. Our aim is to search for and study the origin of the low-amplitude and long-periodic radial velocity (RV) variations in K giants. Methods. We present high-resolution RV measurements of K2 giant epsilon CrB from February 2005 to January 2012 using the fiber-fed Bohyunsan Observatory Echelle Spectrograph (BOES) at the Bohyunsan Optical Astronomy Observatory (BOAO). Results. We find that the RV measurements for epsilon CrB exhibit a periodic variation of 417.9 +/- 0.5 days with a semi-amplitude of 129.4 +/- 2.0 m/s. There is no correlation between RV measurements and chromospheric activity in the Ca II H region, the Hipparcos photometry, or bisector velocity span. Conclusions. Keplerian motion is the most likely explanation, with the RV variations arising from an orbital motion. Assuming a possible stellar mass of 1.7 +/- 0.1 M_Sun for epsilon CrB, we obtain a minimum mass for the planetary companion of 6.7 +/- 0.3 M_Jup with an orbital semi-major axis of 1.3 AU and eccentricity of 0.11. We also discuss the implications of our observations for stellar metallicity versus planet occurrence rate and stellar mass versus planetary mass relations.Comment: 5 pages, 7 figures, 3 tables, accepted for publisation in Astronomy & Astrophysic

Seismic and spectroscopic characterization of the solar-like pulsating CoRoT target HD 49385

The star HD 49385 is the first G-type solar-like pulsator observed in the seismology field of the space telescope CoRoT. The satellite collected 137 days of high-precision photometric data on this star, confirming that it presents solar-like oscillations. HD 49385 was also observed in spectroscopy with the NARVAL spectrograph in January 2009. Our goal is to characterize HD 49385 using both spectroscopic and seismic data. The fundamental stellar parameters of HD 49385 are derived with the semi-automatic software VWA, and the projected rotational velocity is estimated by fitting synthetic profiles to isolated lines in the observed spectrum. A maximum likelihood estimation is used to determine the parameters of the observed p modes. We perform a global fit, in which modes are fitted simultaneously over nine radial orders, with degrees ranging from l=0 to l=3 (36 individual modes). Precise estimates of the atmospheric parameters (Teff, [M/H], log g) and of the vsini of HD 49385 are obtained. The seismic analysis of the star leads to a clear identification of the modes for degrees l=0,1,2. Around the maximum of the signal (nu=1013 microHz), some peaks are found significant and compatible with the expected characteristics of l=3 modes. Our fit yields robust estimates of the frequencies, linewidths and amplitudes of the modes. We find amplitudes of about 5.6 +/- 0.8 ppm for radial modes at the maximum of the signal. The lifetimes of the modes range from one day (at high frequency) to a bit more than two days (at low frequency). Significant peaks are found outside the identified ridges and are fitted. They are attributed to mixed modes.Comment: 13 pages, 14 figures, accepted in A&

Chemical abundances of 1111 FGK stars from the HARPS GTO planet search program.Galactic stellar populations and planets

We performed a uniform and detailed abundance analysis of 12 refractory elements (Na, Mg, Al, Si, Ca, Ti, Cr, Ni, Co, Sc, Mn and V) for a sample of 1111 FGK dwarf stars from the HARPS GTO planet search program. 109 of these stars are known to harbour giant planetary companions and 26 stars are hosting exclusively Neptunians and super-Earths. The main goals of this paper are i) to investigate whether there are any differences between the elemental abundance trends for stars of different stellar populations; ii) to characterise the planet host and non-host samples in term of their [X/H]. The extensive study of this sample, focused on the abundance differences between stars with and without planets will be presented in a parallel paper. The equivalent widths of spectral lines are automatically measured from HARPS spectra with the ARES code. The abundances of the chemical elements are determined using a LTE abundance analysis relative to the Sun, with the 2010 revised version of the spectral synthesis code MOOG and a grid of Kurucz ATLAS9 atmospheres. To separate the Galactic stellar populations we applied both a purely kinematical approach and a chemical method. We found that the chemically separated (based on the Mg, Si, and Ti abundances) thin and thick discs are also chemically disjunct for Al, Sc, Co and Ca. Some bifurcation might also exist for Na, V, Ni, and Mn, but there is no clear boundary of their [X/Fe] ratios. We confirm that an overabundance in giant-planet host stars is clear for all the studied elements.We also confirm that stars hosting only Neptunian-like planets may be easier to detect around stars with similar metallicities as non-planet hosts, although for some elements (particulary alpha-elements) the lower limit of [X/H] are very abrupt.Comment: 14 pages, 12 figures, 6 tables. accepted for publication in Astronomy & Astrophysic