Foreign exchange transactions are subject to a unique type of settlement risk. This risk ultimately stems from the difficulty of coordinating separate settlements in two different currencies. Settlement of foreign exchange transactions through the proposed CLS (“Continuous Linked Settlement”) Bank has been discussed as a potential solution to this problem. This paper describes the CLS proposal ...

Moira Decima and Holly Kindsvater Abstract Settlement patterns of two Dascyllus species provide insight into the relationship between recruits and adult distribution of reef fish larvae because of the close association between damselfish and settlement substrate. In Moorea, experimental coral heads were monitored for sixteen days for gregarious settlement by D. flavicaudus and D. aruanus. Three...

Silphium perfoliatum (cup plant) is native to North America and increasingly used as a bioenergy crop in Germany. Spontaneous occurrences of this species have already been detected several European countries. To assess the possible risk biodiversity by spreading S. perfoliatum, we investigated competitiveness against highly competitive Urtica dioica over four years field experiment Bayreuth (Ge...

Multi-coloured homologues of the green fluorescent protein generate some of the most striking visual phenomena in the ocean. Despite their natural prominence in reef-building corals and widespread use in biotechnology, their biological role remains obscure. Here, we experimented with larvae of Acropora millepora to determine what can be learned about a coral larva or recruit from its fluorescen...

Storage effect theory describes conditions under which recruitment fluctuation can promote the coexistence of multiple species competing for a single resource. In communities of benthic marine animals, larval settlement is often highly variable, and it has long been suspected that settlement variability promotes coexistence via the storage effect, but no empirical studies have provided quantita...

Larvae of the marine gastropod Crepidula fornicata must complete a transition from the plankton, where they are highly dispersed, to an aggregated group of benthic adults. Previous research has shown that selective settlement of larvae on conspecific adults is mediated by a water-borne chemical cue. However, variable experimental conditions have been used to study this cue, and standardization ...

Acquiring the information for rural settlement timely and accurately has an important significance for construction and development of rural areas. The development of remote sensing technology provides advanced means of the acquirement of the information of settlement. The study of extracting rural settlement information from Quickbird images in Xindu district, Chengdu City, P.R.of China was di...

Despite debuting to little fanfare under the General Agreement on Tariffs and Trade (GATT), dispute settlement under the World Trade Organization (WTO) has been called the “backbone of the multilateral trading system.” Indeed, whereas GATT dispute settlement could scarcely have seemed more flawed, the WTO’s Dispute Settlement Understanding (DSU) is widely touted for boosting confidence in an in...

Spatially extensive analysis of satellite, climate, and census data reveals humanenvironment interactions of regional or continental concern i n the United States. A grid-based principal components analysis of Bureau of Census variables revealed two independent demographic phenomena, a-settlement reflecting traditional human settlement patterns and p-settlement describing relative population gr...

Due to the scarcity of useable land in Hong Kong, it is a common practice to reclaim land from the sea. The reclaimed land usually undergoes a long period of settlement that may affect building structures and underground facilities such as water supply and sewage systems built on the land. Measurements of land settlement can provide valuable data for assessing the impacts of land settlement and...