Alpha Portfolio Service Brochure
As if we needed any further proof that 2015 is going to be another challenging year we now have official confirmation of a global slowdown. According to the world’s time keeping agency, the International Earth Rotation and Reference Systems Service which is based at the Paris Observatory, the earth is moving so slowly that an extra second is to be added in an adjustment to clocks on the 30th June this year. The measure, which has taken place 25 times since 1972 is needed to keep atomic clocks synchronised with the rotation of the earth. However while some of you may no doubt be pleased to hear that you get an extra second to stay in bed, the ‘leap second’ will inevitably create disruption for computer systems used in everything from navigation and communication to money transfers and even global share trading. Something to watch out for?
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