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from For the Record:
Check out the new Reuters Financial Glossary
It starts with "A/S" (abbreviation for Aktieselskab, Danish company title) and ends with "zero coupon yield curve" (a yield curve of zero coupon bonds. Market practice is often to derive this curve theoretically from the par yield curve. Also known as a spot yield curve).
Between those two entries in the Reuters Financial Glossary are more than 2,000 other terms used in the financial industry and in the reports that journalists write about it.
As we did with the Handbook of Journalism, we're making the financial glossary available on the Web. As with the handbook, I believe it's important that Reuters readers and customers see the guidelines our journalists live by and some of the tools we use to do our work.
The glossary is the result of hard work by Ian Jones, who retired from the Reuters London Treasury desk and did a total rewrite of the glossary; Tomasz Janowski, of our Singapore Treasury desk, who reviewed the work; and interactive developer Mia Walczak, who led the development effort.
The glossary can shed a little light on the sometimes murky world of finance. As we've seen from the fallout of the recession, it's a world everyone should be more familiar with.
The glossary also makes for good reading.
Some of the terms will be familiar to readers who follow the debate on Wall Street pay--"golden hello," "golden handcuffs" and "golden parachute."
from For the Record:
Social media: Some principles and guidelines
The rise of social media has brought journalists some powerful new storytelling and information-gathering tools. However, with these new opportunities have come some new risks.
At Reuters, we have just published some social media guidelines that lay out some basic principles and offer recommendations that should prove useful as journalists navigate what can sometimes seem a chaotic landscape.
In building the new guidelines, we've embraced some basic principles:
- We encourage the use of social media approaches in Reuters journalism.
- Accuracy, freedom from bias and independence are fundamental to our reputation. These values and the Trust Principles apply to journalism produced using social media just as they have to all other journalism produced by Reuters.
- A distinguishing feature of Reuters is the trust invested in its journalists to rise above personal biases in their work and to apply common sense in dealing with the challenges offered by social media.
This last point is particularly important to me.
I've written in the past about how we depend on our journalists to rise above their biases to cover stories in an independent way, whether they're in Gaza or Washington--or anywhere else.
As comments have shown--and will no doubt show again--there are those who will never believe this is possible. And there are those who would actually prefer to read, listen to or view only those information sources that confirm their own worldview.
from For the Record:
Honoring free expression online
Dean Wright is Global Editor, Ethics, Innovation and News Standards. Any opinions are his own.
A few weeks ago, I wrote about the Breaking Borders event in Berlin that marked the 20th anniversary of the fall of the Berlin Wall. The event, at which I spoke, took the anniversary as an opportunity to explore how the Internet is playing a role in advancing participatory democracy and free expression around the world.
The media of 1989--television and satellite technology--played a role in bringing down the wall by connecting people and empowering them with information. Now, 20 years later, vastly more powerful information and communication technology is connecting people online, making it more possible to get around efforts at censorship and the suppression of information.
As a result of discussions at the Breaking Borders conference, Google and Global Voices, the international network of bloggers, have established the Breaking Borders Award to honor those who are fighting for free expression.
The award, which is supported by Thomson Reuters, will honor and support outstanding Web projects--by individuals or groups--"that demonstrate courage, energy and resourcefulness in using the Internet to promote freedom of expression."
You can make nominations for the award by going to www.breakingborders.net.
There will be three $10,000 prizes; one each in these categories:


