Thursday, September 30, 2010

U.S. House of Representatives adopted the Law of the Chinese yuan

The law establishes severe penalties imports from China.
U.S. House of Representatives has passed a law that the Washington representative for trade sanctions against China, the move to pressure Beijing to revalue its currency more quickly grow to try to get it passed.

Step-by-step on Wednesday in the middle of a long dispute between the countries in trade and employment.
The bill, passed by 348-79 for the treatment of Chinese exchange rate as a subsidy, it opened the door to additional tariffs on Chinese goods to the United States, some special tax.

The law, the size of the Senate, where prospects will be taken is unclear. Senate supporters hope the vote on both proposals to restore the Congress after the November elections get.

"China's manipulation of its currency continued outsourcing of American jobs and cause a very serious problem and the steps needed help," said Sander Levin, chairman of the House of Representatives and the way how the committee.

House of Representatives, Nancy Pelosi said this bill would give the president Barack Obama to exploit in talks with China and "make clear that if China wants stronger trade ties with the United States must follow the rules." And maybe the hope that the threat from China only encourage more exercise.

Before the vote, China's central bank reiterated its promise to increase flexibility and improve how they manage the yuan exchange rate.

American politicians have long economic retaliation for what they consider China's policy of undervaluing the yuan to give an unfair advantage in exports threatened.

But he was not sent to the heads of all law to go into law.

Obama and Chinese Prime Minister Wen Jiabao said the Chinese currency and large trade surpluses with the United States within the framework of the UN General Assembly last week.

"The reason is the Chinese currency for their campaigns, because their currencies undervalued," Obama said on Wednesday.

"This is not the main reason for our trade imbalance, but it is a specific reason."

Modest Gain

Despite the modest achievements of the yuan against the dollar since Beijing allows more movement in June, the International Monetary Fund (IMF), economists estimate that the yuan undervalued by 27.5 percent.

Chinese yuan against the rope is under control, to see how countries around the world by returning to the export of economic recovery, which fear could weaken its currency deliberately to advantage.

Japanese intervention to weaken the yen this month for the first time in six years.

The movement is certainly more muddying U.S. relations with Beijing, hate criticism, saying the decision on the speed of currency reform itself.

China, the biggest foreign buyer of U.S. Treasury bonds with a portfolio of $ 847bn in July, said that even a large trade surplus with the United States because Americans save too little and not making Chinese goods sold.

Even Obama's position on legislation, Majority Leader Steny Hoyer said the political work at the White House to ensure it does not violate the laws of the World Trade Organization (WTO).

After receiving the yuan stable against the dollar by the financial crisis begins in Beijing are allowed, to swim against the dollar on June 19.

Since then, the yuan, the highest level against the dollar in more than five years but reached more than 2 percent.
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Monday, September 27, 2010

Southwest Airlines will buy AirTran for $ 1.4B

The announcement brings the airline industry continues to consolidate. Continental Airlines and United Airlines, UAL Corp., the parent will officially join this weekend and the largest in the world, dropped the Delta. Delta said the location, if Northwest Airlines bought two years ago.

Southwest failed last year tried to buy Frontier Airlines out of bankruptcy. Republic Airways Holdings, won the auction in August last year, bought Frontier, a company based in Denver for nearly $ 108,800,000.
In the west-south AirTran gain is expected to close in the first half of next year. It requires approval by regulators and shareholders. The airline expects to be in the mix of business in 2012.

Based on closing share price of Southwest Airlines on Friday, a deal valued at $ 7.69 per share from AirTran. That's 69 percent premium from its closing price of $ 4.55. In pre-market AirTran shares jumped 61 percent, to $ 7.31, while shares of Southwest rose 12 cents to $ 12.40.

In the west-south to pay approximately U.S. $ 670,000,000 of cash available. Southwest picked up $ 2000000000 AirTran's debt.

In the west-south and AirTran, said the new airline will operate more than 100 different airports, serving more than 100 million subscribers.

In April, showed AirTran Holdings Inc. CEO Robert Fornaro, interest in concluding the agreement is to consider a combination with other airline operators if they dealt with the agreement and whether it makes sense for the company and shareholders.

But when asked by The Associated Press that the potential beneficiaries AirTran, Fornaro said, "I'm not sure it necessarily suitable for consumption by other properties."
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Hyundai Sonata recall 140,000 U.S.

Well, in South Korea's Hyundai Motor also consider the car.

Nearly 140,000 Sonata sedans in the United States because of management problems, said U.S. authorities.

The company is considering the model year 2011 139.500 vehicles because of problems in which the "driver's loss or reduction in government's ability to increase the risk of accidents," said National Highway Traffic Safety Administration (NHTSA).

This recall is expected to start in October, the agency said on its website earlier.

The NHTSA says that dealers "to consider joint axis of the steering column between the rights of assembly and torque universal," and update the software wheel.

This is not the first time they experienced mechanical problems sonata.
On February 24, the company said 47,300 new Sonata sedan in the U.S. and consider the domestic market through the door impossible to block.
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Sunday, September 26, 2010

Air India plans to sell six Boeing cargo

National airline Air India Boeing will sell six aircraft includes an indication that the aircraft could be your business plan to divide the load into a separate subsidiary of the delay.



"We from our six Boeing 737-200 cargo sales for the business plan to have a separate charge of subsidiaries that can not be taken now," said Air India as the source.

Air India will invite bids from companies interested in immediately to remove the plane, he said.

In addition, the airline has released four A-310 car company, they said.
Six-owned Indian Airlines Boeing 737-200 cargo and passenger carriers former in 2007, the airline plans to launch a special cargo service using a hub Nagpur countries.

In addition to the configuration Boeing, Airbus 310-300 aircraft and four passenger jets to transport 40 million U.S. dollars converted at a price to place on the proposed load.

However, the plan has not been able to fruit and will remain on paper for nearly three years.
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Thursday, September 23, 2010

Lady Gaga is composed IPAD

Apple iPad is the first "Mac for the masses" and it will sell 21 million units next year, Apple bull Piper Jaffray, Gene Munster said in a note this morning.

His estimate of 21 million iPads 2011, above previous estimates of € 14,500,000. In addition, the target price to users rose to $ 390, from $ 371

The possibility that 21 million deaths? After all, Apple sells 1 million per month in the first three months, if only the U.S.
The streets call between 15 million and 25 million units next year, Munster said.

Anyway, we were impressed. Also, Lady Gaga just sold 15 million albums.
Munster call it "Mac for the masses" because it is basically the first Mac computers affordable for people who do not buy a Mac can be used in the past.

Here are three reasons iPad gene has raised the estimate:
Improved supply and distribution channels expanded. For five months respectively after the U.S. market starting April iPad demand exceeds the supply (remember, the international launch iPad delayed one month because the supply is enough!). For CY11 seems that Apple has increased its capacity and expand sales channels iPad. All 1000 U.S. Best Buy stores in late September IPAD IPAD also believe the range of iPods at Target Stores joined before the 2010 holiday season. Over time we expect total sales of IPAD points higher than the Mac in 2011. Implementation and adoption of international price-sensitive market. 17.09

iPad in China and started in five Latin American countries (20 countries total). Apple iPad broad market price sensitive. The first version (the United States and Europe) in the development of the PC market with the possibility of secondary computing device iPad. However, the iPad is now available in the market, where the possibility that the IPAD as a main computer, which now could be a Mac are not used to run a series of ASP for Mac and fall iPads and AEP in the June quarter from $ 1.267 (Mac) for $ 1,031 (19% for Mac combines iPads). Economic absorption. believe every product we sell iPad, they have the potential to get the highest percentage of sales from corporate customers. Apple recently highlighted several cases using the company's website (sales, medical, etc.) and June 10 conference call, the company said that more than 50% of Fortune 500 companies to implement or review iPad.

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Monday, September 20, 2010

State Data Open your Yahoo! Center with New York's most advanced western

Yahoo 's Lockport facility! Get grant $ 9,900,000 from the Department of Energy Sustainability for his leadership in the design of energy efficient data centers

Sunnyvale, California, and Lockport, NY - (BUSINESS WIRE) - Yahoo Inc. (NASDAQ: yhoo)! Today launched one of the world's energy-efficient, environmentally friendly and cost effective Data Center building in Lockport, Niagara County, New York. Current state of art data center facilities using a combination of innovative design and from time to time naturally cold Lockport reduce electricity use throughout the year....

"Yahoo! Sustainability serious and led the effort to combat climate change so we must create a highly efficient data centers, to think that minimal environmental impact ..
Yahoo opening ceremony hosted by Yahoo! Board and elected officials,! Including CEO Carol Bartz Yahoo!, Executive Vice President, Yahoo President of Engineering Services and Operations, David dibble, U.S. Senator! From New York, E. Charles Schumer (D-NY), New York Governor David Paterson, the U.S. representative, Christopher Lee (R, NY -26), New York State Senator George D Maziarz (R-62), member New York State Assembly, Jane Corwin ( R-142) and the energy of New York Authority (Palm), President and CEO Richard M. Kessel.

"We are very pleased to share with you a world-class data centers in the Lockport and take an active role in society," said Carol S. Bartz Yahoo!. "Yahoo! Sustainability and lead to serious efforts to combat climate change. Therefore, we believe in building highly efficient data centers, to minimize environmental impact."

Lockport plant is the first implementation of the Yahoo Green Data! Cooperative Computing Design Center called the Yahoo! (YCC). The best of its class, energy efficient design is recognized by the U.S. Department of Energy (DOE) in 2010 with a grant of more than $ 9,900,000 of sustainability, to receive the latest program Green IT DOE awards. This option uses a combination of cold weather, Lockport, wind and water conservation which applies in building 120 server 60 feet cold. YCC design, called "Yahoo House" fake design, long and narrow support at home and 100 percent natural air flow, so the annual average of less than 1 percent of total energy consumption of buildings that needed to plant! okay. S Lockport Yahoo data center! Is one of the most powerful data centers in the world with low power consumption effectiveness1 (PUE) of 1.08, compared with industry averages 1.922.

Lockport the data center:

Energy consumption of at least 40 percent less, and at least 95 percent less water than conventional data centers.
Save enough energy to more than 9,000 homes in New York every year.
Save enough energy for about 300,000 a year CFL, a 24 / 7
Saving enough energy to some 1.1 million notebooks during the year.
Save water more per year than appears above the Niagara Falls for the straight minutes (4 million cubic meters per minute, average current cases).
Keep enough water for one year to provide drinking water for 200,000 people for a healthy lifestyle. (Approximately 180 liters per person per year is the average amount of drinking water for life.)
"Leadership design S Yahoo! And the green data center is confirmed, as we operate in data centers more energy in the world that the operation," said David dibble Yahoo!. "In the design of poultry Yahoo! Movement, we spend less than one percent for cooling for every dollar of electricity. This will reduce the energy consumption is not only good for the environment but also good for the bottom line of Yahoo by what their competitive advantage.!"

Dibble continued, "New York State and the largest area of Buffalo has all the necessary resources to carry out the types of data centers around the world, including temperate, net energy and quality jobs. We are very thankful for the extraordinary level of support we have received state and local governments., New York Power Authority, Lockport resident and local business, helping all to make this project successful "

Water supply for the data center used by coconut trees, which are recognized in the year 2006, provided one of the cleanest utilities in the United States. "By working with Yahoo and provide hydroelectric power costs for the data center: For Nipah create a more sustainable environment in the region and support the creation of jobs for western New York in the IT industry," said Richard M. Kessel palm.

Yahoo! This is a place to think about the world in order to benefit the community, local businesses and users of Yahoo. Yahoo to 500 jobs during the construction phase on the support of 155 000 square meter site! And to make a commitment, to 125 jobs throughout the state of New York. Besides the data center, the website also assist the Operations Centre, Yahoo, Yahoo Who's infrastructure to ensure a consistent activity, the monitor! Employees and the Global Services Centre, 24 / 7 IT Support Center for Yahoo!. Lockport plant is an important component part of the treatment is an important network of Yahoo sites including Yahoo! Mail, Messenger, Flickr, News, Sports, Finance, answer.

Senator Charles E. Schumer said: "At the time of unemployment through the roof, 125 new high technology jobs Excellent pay! Only the doctor ordered. Yahoo ordered, the example for other high-tech companies to highlight the Western New York's advantage: low cost, clean energy, with a business environment a company in the State of New York and world class workforce. These are the results we had during the entire month after month, and it is good news for all people who work in the decision making process and seek work in western New York. Yahoo has been making the right decision - because you know that Western New York's workforce is the commitment, hard work, and education. "

Gov. David Paterson, said: "As a world-class online media companies, I welcome Yahoo! Want to go to New York. After an international company Yahoo! 'Make Caliber S presence in Lockport, thus opening the door for the possibility of large high-tech companies in the Other western New York. I am glad to see that Yahoo held investments in the State of New York! and expect a lot of the way in Niagara County and the wider community to think of western New York.

Christopher Lee, told Congress: "I want to welcome Yahoo! Go western New York, home of the most difficult people and women in this country. I know that Western New York is an important addition to Yahoo, which began operating here for working with the wish to see, And I, Yahoo Blooming in our community and to create good jobs.! "

Senator George Maziarz said, "We are proud to welcome Yahoo To show our communities. Lockport choose from the cost of data center company that Niagara County has a competitive resource in the world! Yahoo! In recognition of the importance of our strong work. Ethics, this power plant abundance of cheap water power, a strong infrastructure of high technology and communications networks decided to locate the plant in Lockport We look forward to working together with Yahoo! for the coming years .. '

Assembly member Jane Corwin said, "which opens today at the Data Center Yahoo In Lockport, the success of cooperation outlined in the planning and hard work of western New York state local and federal and multi-million dollar company.! I am proud of all colleagues I joined the government and officials Yahoo!, and launched a new data center, and shows that our local economy, will be paired with a reputation as the work required to win a reputable company like Yahoo!

About Yahoo!

media Yahoo! attract hundreds of millions of users every month through innovative technology and content services, and what an Internet portal and online the most visited world-class company. Yahoo 'S! Vision to be the center of social life online experience by providing relevant, meaningful Internet. Is Yahoo! What is headquartered in San Jose, California. For more information, visit the company's blog, or pressroom.yahoo.com, anecdotal yodel (yodel.yahoo.com).

Is Yahoo! A trademark and / or registered trademarks of Yahoo! Inc.

All other names are trademarks and / or trademarks of their respective owners.

Energy efficiency is a measure to determine the energy efficiency of data centers. PUE is calculated by the amount of power entering a data center in the amount of energy used for IT infrastructure to run it some. PUE is expressed as the ratio, decreases with increasing the overall efficiency in the direction of the first PUE made by members of The Green Grid, an industry group focused on energy efficiency data center.

After two of the Environmental Protection Agency, the industry average PUE is 1.92.

Contact
Yahoo! Global Communications
Karlen Terrell, 1-408-349-5528
terrellk@yahoo-inc.com
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Friday, September 17, 2010

Continental Minerals gets friendly takeover bid $ 432,000,000 Jinchuan

(: TSXV KMK) to $ 432,000,000 in cash - Vancouver China-based Jinchuan Group Ltd has agreed to acquire Continental Minerals Corp. atmosphere.

Continental approach, a company based in Vancouver Xietongmen gold and copper mining property in Tibet.
Jinchuan is $ 2.60 per share, a premium of 13 percent from the previous year community for Continental shares on the TSX Venture Exchange.

Continental said the board recommended that shareholders support the operation for the good of the company.

Continental Council proposes to make a special dividend of 10 cents per share to its own shareholders before the acquisition.

Continental's Executive Board is also authorized to break the company Jinchuan pay $ 13,400,000 in certain circumstances if the transaction is not completed.

Council may consider proposals that are not asked if they went ahead, however, Jinchuan will have the right to match an offer from the competition.

Council May Consider an unsolicited proposal to move forward but if they Jinchuan will have the right to adjust the rival bids
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Wednesday, September 15, 2010

Schwarzenegger urges Congress to Act on Trade

Seoul, South Korea (AP) - Governor Arnold Schwarzenegger asked the U.S. Congress to immediately approve a pending free trade agreements with South Korea, Panama and Colombia, said Wednesday that the agreement is important for Washington's top destination for U.S. exports doubled in five years.

Schwarzenegger said that the South Korean capital, where he took a tour of Asia after a visit to China and Japan. He was accompanied by a trade mission of about 100 leaders of his country. The third main trade partner countries, California.
''There are three trade agreements in the dust in the halls of Congress to collect, in Panama, Colombia and Korea,''Schwarzenegger said in a speech to the U.S. and South Korean businessmen.

Schwarzenegger praised the commitment of President Barack Obama earlier this year has doubled in five years for U.S. exports and cited estimates that the three processes to increase U.S. exports more than $ 10000000000 and can create thousands of jobs.

''If you go to work and if your No. 1 priority is to boost the economy and if you believe in economic freedom, and receive a free trade agreement, so it starts, everyone can go back bekerja''kata him and ask Congress to act.

Assumptions about free trade, which often requires a good hard drive in the United States deepened, as the unemployment variable to sell around 10 percent after the global financial crisis and recession. Proponents, like Schwarzenegger, said that rather than endanger the jobs that really made a pact with the increasing export opportunities.

This is the largest of three agreements between Washington and Seoul. He came to the conclusion of negotiations in April 2007 and signed the agreement three months later. With little progress, however, because in the midst of a change of government in both countries, financial crises around the world and demands that South Korea's major U.S. auto most of the trade.

South Korean Trade Minister Kim Jong Hoon, who spoke with the next meeting Schwarzenegger, said the agreement now, thanks to strong commitment from the leaders of both countries - the United States and South Korean President Lee Myung-bak - who met in another context, the peak G - 20 in Toronto in June.

The agreement also requires approval by the National Assembly of South Korea.

Schwarzenegger says California may get permission from South Korea, noted that $ 6000000000 Land of domestic exports of goods last year and is California's fifth largest trading partner.

California, United States and the largest population in this country has been suggested that a high-speed rail network and the use of technology in Asia reveals Schwarzenegger travel examples from three countries.

A''technology use, and hopefully in Korea to provide high-speed trains, and those who develop high speed rail system,''he said later on Wednesday planned in advance.

Asked if this statement is that South Korea supports more than its competitors Schwarzenegger, Rachel Arrezola, a spokesman for the governor, said in an email dia''adalah to view high-speed railway in China, Japan and Korea and hope that every store in California. " '
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Sunday, September 12, 2010

Forex Trading Review morning

Forex trading morning
Morning Forex is simple but very effective use of the Forex Trading System, Fric Mark, a full-time trader, every day, to run the market.


Not a lot of foreign exchange to buy a program or system, but hitting the eye, because it would open a unique trade area long before the London market (to get the opening price movements), which I always find time foreign exchange trading day which is more profitable.

So I leave more detailed information about Morning Forex Trading System.

Exactly what you need on your computer (or earlier) at 06:30 (Spanish time), go to the transfer of your chart and see if there are terms of trade (identified two common technical indicators). If they agree that most of the time, and only open a long or short positions in the initial screen at the 6:30 position, depending on whether it is a good indicator is above or below a certain level.

Morning Forex Trading System for only GBP / USD currency pair and the target to get 40 points in their respective trading stop loss 40 points. So, if you put your effort, you know the target of 40 points and stop loss, if you turn on your computer for the rest of the day and something else.

I bought this program yesterday, but I do for a lot of testing back and seems to produce more winners than losers. Mark my knowledge, these results suggest that the waves continue to users since January 2009 is the initial stock for $ 500 has now grown to $ 26,000 (2% risk per trade). Very impressive gains this year, with revenue per month (80-40 pips).

What I like about this system is that morning clearly Trading Forex Trading System Mark himself and his notes on the daily trade magazines. You can access your journal when you buy and of course you can access the forum thread where fellow traders to discuss the details of the system.

This is the most important part of the program for me, because some traders buy systems that have worked hard to ensure the survival of the trading system works to improve further. At this writing, there is an interesting article about who is there for a license, a variety of back-testing (several years) and found to yield a target price of 27 pips (not 40) the results are even more impressive.

So overall I think tomorrow Trading System Forex Trading System, can be highly successful and profitable, and certainly one to add to my arsenal.
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Friday, September 10, 2010

Increasing oil prices led Wall Street shares higher

Wall Street shares 2010 - 08:24 rose simple as the largest energy company profit expectations overall oil demand.

Dow Jones Industrial Average rose 47.53 points, or 0.5% to 10462.77, up slightly from 0.1% in the week. Among the strongest painter of Chevron rose Dow rose 1.2%, crude oil prices above $ US76 a barrel.

S & P 500 rose 0.5% to 1109.55, 0.4% for the week. energy sector, the International Energy Agency revised its estimate for world oil demand for 2010 as a result.
The Nasdaq index rose 0.3% to 2242.48, also rose 0.4% during the week.

Light trading volume as investors continued to seek more secure market leadership.

Other markets: Europe, Asia

European stocks rose Thursday, led by gains in banking, energy and stock cars.

European Stoxx 600 rose 1.1% to 265.09.

UK's FTSE 100 rose 1.2% to 5494.16, the German Dax index rose 0.9% to 6221.52 and Germany's CAC 40 rose 1.2% to 3722.15.

In Asia, Japanese stocks rose as investors encouraged by signs of increasing demand for Chinese products and a weaker yen.

Chinese imports increased in August, an increase of 35.2% over the previous year to $ US119.27 billion, compared with 25% of economists surveyed by Dow Jones Newswires expected. Exports rose 34.4% to 139.3 billion U.S. dollars, compared with 35% increase expected.

The Nikkei rose 1.6% to 9239.17, Hong Kong's Hang Seng index rose slightly by 0.4% to 21257.39 and the Shanghai Composite in China rose 0.3% to 2663.21, reversing earlier losses.

Australia ASX / S & P 200 down 0.5% at 4560.25, Korea's Kospi added consisting of 1% to 1802.58 and Taiwan's TAIEX gained 0.7% to 7890.11.

Markets in Singapore, Malaysia, Indonesia, Philippines and India are closed for holidays.

Commodities: Oil prices up, gold down

Crude oil futures rose after a pipeline leak in Illinois confusing traders worried about the impact on supply.

Light, sweet crude for October delivery rose $ US2.16, or 2.9% to $ US76.41 per barrel in New York. ICE Brent futures market traded higher at $ US78.82 a barrel 75USc.

Gold prices retreated from record, contrary optimism that the International Monetary Fund has purchased more than $ 400 million U.S. dollars were discovered.

The most actively traded gold contract for December delivery fell $ US4.40, or 0.4%, to pay $ US1246.50 per ounce in New York.

Currency: Dollar, Euro and

United States dollar and the euro gaining ground against the Japanese yen and Swiss francs. Yen and Swiss franc tend to quickly humiliated when you want to buy is to increase the risk of property investors.

Dollar rose against the yen at 84.15 yen trading, from 83.83 yen on Thursday.

Euro bought 106.46 yen from 107.07 yen BIS, after the Japanese government announced a U.S. $ US10.9 billion stimulus package.

Yen this week ended on 15th day of age was obtained in connection with the U.S. dollar.

Euro bought $ US1.2723, up from $ US1.2699. British Pound refused to trade at $ US1.5377, compared with $ US1.5431.
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Switzerland, Sweden for a competitive world ranking

World Economic Forum's competitiveness rankings issued by Switzerland and Sweden at the top.

Although most of the more competitive tennis players who have 16 Grand Slam titles, Roger Federer has nothing to do with the classification of Switzerland as the most competitive country in the world.

Global competitiveness ranking released earlier this week, and Switzerland are in the top spot in qualifying for the second year in a row.
Ranking of the World Economic Forum, which is published annually and judges about the status of the 12 pillars of competitiveness displayed. These pillars are institutions, infrastructure, macroeconomic environment, health and basic education, higher education and training, goods market efficiency, labor market efficiency, financial market development, technological readiness, market size, business innovation and good behavior.

Rankings also take a second look at Sweden from the United States, fell to fourth.
The weakening of public and private, as well as conditions in financial markets caused the film Americans in the world rankings.

Swedish partners in the Nordic countries also rank well in the first 15: Finland (7) Danish (9) and Norway (14).

World Economic Forum reported that there are many challenges facing the global economy.

"Policy-makers about the current economic challenges for the economy against the management to prepare them to perform well in the future economic landscape and the removal of marked uncertainty in balance," said Klaus Schwab, Founder and Executive Chairman World Economic Forum. "Global economic environment is more important than ever for countries showed that the main economic growth and support the development."

Xavier Sala-i-Martin, professor of economics at Columbia University, United States, and co-author of the report, adding: "amid concerns about global economic prospects, politics does not have to lose long-term competitiveness of basic rights-term challenge shorter than average. For the economy to remain competitive, they must ensure that they are not a factor that could encourage increased productivity, present and future welfare of their construction of a conducive environment to support the economic competitiveness of national economies to weather. worsening economy and ensure that mechanisms will provide strong economic performance in the future in space. "

England, despite the decline in recent years in his position from one place to 12th.

China's Top 30 this year and the biggest winners of economic development, while areas in the Middle East and North Africa is also near the top.

Although ranked No. back-to-back one in Switzerland is still much to be done when the head of the 285-week mark Federer as the best in the world.
ListenRead phonetically
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Wednesday, September 8, 2010

Vodafone Pocket 6500000000 $ with China Mobile for sale

Vodafone generated $ 6500000000 (4200000000) in cash after the sale amounted to 3.2% of China's largest mobile operator mobile phone operator in China.


This is the largest telecommunications company sales in the UK-based holding of non-strategic.

Buyers goals, many are not yet identified, perhaps.

The 643m shares traded in Hong Kong and offers a discount of 3.4% registered at the market price.

Suddenly, a new offering price weighed on shares of Chinese companies, which ended the day 3.8%.

The normal daily turnover of shares in China Mobile is 21m, but Vodafone settings, this number can be increased to 740.

Continue cooperation

The company said it would return 70% of net income to shareholders through share repurchase.

remaining revenue is used to reduce group net debt.

Newbury-based Vodafone initially invested in China Mobile in 2000 and he said, both companies will continue to work together in areas such as roaming, network development roadmap, multinational clients and green technology.

"The transaction reaches twice the initial investment of only Vodafone Mobile, China and other portfolio strategy that combines continued our partnership with leading telecommunication companies in China," said Vodafone chief executive Vittorio Colao.
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Sunday, September 5, 2010

foreign investment in China continues to grow

Beijing, September 6 (Reuters) - Foreign direct investment tends to 100.000.000.000 $ intoChina passport for the first time this year, official media said Monday.

There are no financial inflows reached a record $ 92400000000 butfell in 2008 to U.S. $ 90,000,000,000 in the year 2009 after the global financial crisis.

Foreign investors optimistic about China's economic Beijing outlookand efforts to improve the investment climate haveboosted their convictions, the official news agency Xinhua quotedShen Danyang, a spokesman for the ministry of trade terms.

China to withdraw $ 58400000000 direct foreign investment in first seven months this year amounted to 20.7 percent over the same period in 2009.

An official, Liu said China was in Zuozhuang outboundinvestments easily reach 60 billion U.S. dollars.

The officials spoke at a press conference on Sunday.

In the year 2009 the output of the direct investment by Chinese business wasworth 56.5 billion U.S. dollars, up 1.1 percent from 2008.

"China is now the fifth largest country in the world of investing, and the biggest developing country," said Shen, the provisions of the China Daily.

He said that increased flow in the coming years.

Despite the strained relationship between China and Africa and now emerged investment Chineseoutbound 71.4 percent interest in Asia in 2009.

Africa accounted for 2.6 percent and 13.0percent of Latin America, said Minister of Trade
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Saturday, September 4, 2010

Japanese yen has over crisis

Currency crisis is symptom of the general reluctance of the State, after the turn of boom and bust of the 1980s

It is the economy of mourning wolf.

To slowing growth, deepening of deflation, a mysterious rise in the yen and in late August with Japanese politicians dare to promise action. Governor Masaaki Shirakawa, Bank of Japan came home from Jackson Hole, Wyoming, to deal with emergencies. Investors prepare for aggressive intervention. Media mobilized on August 30 to meet with Prime Minister Naoto Kan economic programs launched to counter the effects of fat press export yen strength. Then nothing.

meaningful effort to produce a failure, what the Japanese did not want: a strong yen, which is 85.2 per dollar on August 23 went to 84.4 in September. Suzuki Motor chairman Osamu Suzuki, who created a huge export business for a small company with a solid car, talk a lot when he took the money, saying: "I spend everyday thinking."
So, the politicians in Tokyo. The fact that they were confused, slightly above the Japanese suffered the same fate with children Aesop, who warned the crisis, so it is often not taken seriously anymore.

Because of the sliding dollar and euro, the yen by default. Rarely before have so difficult for Japan to control the money. Yen jumps to highest in 15 years, says a lot about Japan in the year 2010. Here are three things to consider about the country of Japan.

Amendment 1) Price of Japan's reluctance to rise, it was. After the boom and bust of the 1980s, the government must get rid of the bank in bad loans, unregulated industry to improve fiscal policy more pro-business, productivity and encourage entrepreneurship.

If Japan had done all of this is currently a more balanced economy and the value of the yen did not mind nearly as much. Instead, Japan chose a Band-Aid, like massive government spending, low interest rates and a weaker yen.

Exchange is an obsession in the year 2000 to maintain a focus on Japanese exports to the large trade surplus. To my great surprise they found that Japanese monetary policy, these countries more than it exports and imports increased, especially in times of crisis, while investors and security. The bureaucrats also learned that the company, even the Japanese people with strong roots in response to stronger currencies. Renault-Nissan Alliance SA, cut, for example, recently increased production in South Korea, Japan as a place of hope in production.

Now, with the glacial pace of change, the global importance of Japan's decline. China's economy will surpass Japan officially in August. Moral of this story? "Do not cry about the strength of the yen, to solve the problem," Naomi's report, analysts at Bank of Tokyo-Mitsubishi UFJ in Tokyo.

2) Japan is overwhelmed by the international forces. When the game is a worldwide trend away from the bureaucrats in Tokyo. But the business model works after the war was so brilliant that the corporate elite has not changed. The same goes for the government to remain vigilant against immigration and the empowerment of women to form a rapidly aging workforce.

Carefully the status quo more difficult to get upright. the trade surplus are also several economic reasons for the case of the yen climbed 28 percent against the dollar since early 2008 Set.

Japan is not fixed a leaky roof at the time of Li shine before the collapse of Lehman Brothers Holdings in 2008. Now the world economy was raining bad news, people, the price to pay. 126000000 so that the people and investors who bought into the hype more than the resurrection of the truth.

3) political paralysis is a loss. Have the money to be used as a reason employers do not live in fear that the sale of the Bank of Japan Yen: This country is more than the previous coordination tool.

Part of the problem is that Japan can not survive in the guide: If a bad election Kan 14 September, 6th Prime Minister of Japan will take three years. "Twenty years after the bubble would be nice, if not expected, at least a sense of urgency," said Nicholas Smith, director of equity research at FXA MF Global Securities in Tokyo. "And a leader must learn from the outside world had enough of their name, life."

This vacuum of leadership in deflation. In July, consumer prices, excluding fresh food fell for the 17th consecutive month. The best way to save less and spend more consumers to secure their future. This applies to business.

Low optimism. Suzuki, for example, more frequent and greater pessimism, talked about today. "I want to listen to Tokyo, we cry," she said. Policy makers do. What do they do their share of the natural world to mourn, even by the Japanese.

In short, the crisis of the Japanese yen is a sign of lack of policies to diversify the economy and making them less dependent on exports

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Hypo Real Estate on the slopes Close

Developer to prosecute a 19-acre Snowmass Village, Colorado, the German bank, which exploded after investing billions of projects during the housing bubble


Snowmass Village, Colorado has a host city in 2007 when the German Hypo Real Estate Holding approved the U.S. $ 520,000,000 in loans to more than one billion dollars per year as the infrastructure is completed in Snowmass Base Village. Development Plan offers luxury equivalent of the nearby Aspen.
After a devastating financial crisis for both lenders and developers. Today, these buildings are part of the base affected 19 hectares of the village, where several buildings wrapped in plastic. Hypo, which was confiscated by the German government in 2009, making the developer in July, said the repayment of debt. The developers, a partnership related cos., Westpac Investment Colorado, Balan Stick Partners, a unit of Dubai World, said in August in the countersuit that the mortgage rejection of the "famous" was accused of their duties.

The fate of the body is a microcosm of everything that is wrong, because the bank provided more than $ 8000000000 real estate projects funded during the U.S. housing bubble. "Project Hypo Real Estate's largest and most spectacular in the United States jumped, because the easiest way to grow faster," said Wolfgang Gerke, president of the Bavarian Finance Centre in Munich, where Hypo basis. "Megalomania, brought."

To Evan Denner, who brought us the financial arm of real estate banks, the company has increased to U.S. commercial real estate loans, which increased by approximately $ 8200000000 5300000000 at the end of June of dollars in the year 2004. Projects, including the signs, a luxury condominium and commercial development near Denver, a hotel and residential project stopped in Phoenix. Hypo control of both properties in the last 18 months have been a Real Capital Analytics. It also provides funding for W South Beach Hotel & Residences in Florida, and Trump International Hotel & Tower at Waikiki Beach in Hawaii. Denner, who left in the year 2009, now working at Cantor Fitzgerald. He would not comment.

Mortgage implosion, Germany is the largest bank failure since the Second World War. United States commercial real estate loans is a fraction of up to € 210.000.000.000 (265 billion U.S. dollars) of non-strategic assets "to try to end the mortgage," said Gerke. However, play an important role for German banks and the taxpayers, because of default, foreclosure and lawsuits have been falling. Approximately 67 percent of real estate mortgage loans in the U.S. watch list, or problems at the end of June, the company said. That's up 58 percent six months earlier.

Other foreign creditors give in to temptation for the U.S. real estate market. foreign banks held U.S. $ 35000000000 commercial real estate loans in July, after the Fed's data on the site. More than $ 15000000000 classified as delinquent, which means the bad guys, the standard has been adopted or in bankruptcy, from $ 10000000000 a year ago, says Real Capital Analytics. "European Bank is keen commercial property loans in the United States has increased during the boom," Ben Thypin, analysts said Real Capital Analytics in New York.

Hypo executives have essentially three options when it comes to handle problem loans by Steven N. Kaplan, a finance professor at the University of Chicago School of Business Booth. The loan can continue to monitor and manage your own practice, be sold for money, maybe with a big discount, or a partner in the private entrepreneurs, such as the Federal Deposit Insurance Corp. took place. "The Germans realized it difficult to manage their property, but do not want to move through fire sales."

Gerhard Schick German parliament, which was investigated by a government committee Hippo says U.S. bank must dispose of the property. "Hiccups into many markets and expanded, there is no expertise in that area," he said. "We do not have the technical expertise of the case of the Bank's participation and the European perspective. Getting the U.S."

Base Village developer of hypo-and three partners, all lenders in Europe and beyond for more than U.S. $ 406,000,000 in compensation for "a clear attempt to fulfill their contractual obligations." They alleged that the lenders who provide funds, the money runs out, the station has caused. Banks and developers declined to comment on lawsuits.

A forced sale to Villa this basis 17 November 30-unit Little Nell Residences at Snowmass base is incomplete, wrapped in plastic with a facade that is equipped with the surrounding buildings built in time for ski season this year, according to Roget Kuhn, 40 years, local real estate agents, units -units sold in the Base Village. "This is good news there seems to be some way to go," said Kuhn, the victim, including the top floor, two bedrooms, two baths for $ 1,250,000. "This is a great opportunity for people in the long run, ski, this project will be incredible ..

In short: Snowmass Base Village is a unique project in the United States of Europe added to attract lenders. The project is now caught in a foreclosure.
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Friday, September 3, 2010

Women also worked in social engineering test DEFCON

declined to five Fortune 500 employees of social engineering hackers aim to provide information about the company - all women

Fortune 500 employees 135 people, through social engineering hackers in recent contests, only five of them headed by refusing to provide solid information. And you know what? The five girls.

This is the interesting point that the data collected by the organizer of the competition, which occurs after a public event at DEFCON hacker conference last month. Organizers in Washington this week, reported the U.S. Federal Bureau of Investigation, what they have learned, but they hope to publish a report with more details next week.

Participants dealt with 17 major companies in the two-day event, such as Google, Wal-Mart, Symantec, Cisco Systems, Microsoft, Pepsi, Ford and Coca-Cola. Sitting in the glass room, the spectators, who called the company's employees, tried to do to provide information.

Participants were very successful, "said Chris Hadnagy, an event organizer. A single company will reveal secret tidak dari participants are required untuk mendapatkan tanah, and itu hanya terjadi karena ada no tubuh yang hidup satu get on the phone." If kita received by each companies to conduct safety audits on the side of social engineering, not nearly everyone in the company, "said Hadnagy.

Participants are not allowed to ask for information such as passwords or sensitive social security numbers, but they're trying to provide information that can be misused by attackers, how to find where the operating system, antivirus and browser software used by their victims. They tried to sign and communicate with a Web site to visit is not valid.

One of the most interesting findings: half of the companies contacted are using Internet Explorer 6, the browser is known to have serious security vulnerabilities. Another discovery: if the participants try to visit people at a site outside ready for the competition, they are always successful, eventually.

The results showed that it can be said and done, even the safest company by employees, or, that is not damaged.

And a real threat, said Christopher Burgess, Cisco senior security adviser, one of these companies are designed by the participants. "In real life simulation of the call happens in many companies," he said. "This is a great art from the collection of perfect information."

People have called Cisco, claimed that the system when trying to download and urgent appointments for employees the information they do not have to, says Burgess. "We are trained to recognize social engineering as a way to manipulate people in the implementation of the action or disclosure of confidential information."

Cisco can do a lot of training of security procedures that are available to the public, other companies to learn from experience over the years.

Although Cisco is one of the competing companies run social engineering Hadnagy information about a particular company
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Thursday, September 2, 2010

Samsung release tablets Android Galaxy Tab

7-inch tablet runs Android 2.2
Samsung finally released the Galaxy Tab, tablet PC running Android 2.2 will be available in October in Europe. The start date for the U.S. were not disclosed. Tablets can be used to surf the Internet, movies, reading eBooks, GPS navigation, and even a phone call, according to Samsung. Galaxy Tab has a 7-inch touch screen with a resolution of 1024 x 600 pixels, and the cortex A8 processor at 1 GHz, 16 GB of onboard memory. There's also a microSD card slot that can expand the storage capacity of 32 GB with others.

The higher the resolution, with Android-based smartphone, by comparison, the market with about 85 percent to 90 percent of the applications on Android, according to Samsung. The company is also working with the developer some of the most popular applications that do not work, so they make their application, he said.

TFT screen is based, not AMOLED, the Samsung puts in some of their smartphones. Concessions made to increase the value and life of the product, which lasted eight hours to cut, Samsung. Before the 1.3 megapixel camera for video calls and conferences, and 3 megapixel camera with LED taillights. File 380 grams and dimensions 19 cm x 12 cm x 1.2 cm.


Tablet lower weight and the ability to make calls are the two most important benefits that Apple has more than IPAD, Samsung said. Galaxy Tab is a product that was on his way, and to IPAD space, Samsung says. IPAD is a 9.7-inch touch screen and weighs up to 730 grams

For now, Samsung has not sold by operators with a subsidy and a monthly comment on pricing, but tablets.


Users can connect to the Internet with HSPA (High Speed Packet Access) up to 7.2 Mbps (download) or 5.76Mbps (upload) or at high speed over 802.11n Wi-Fi network. If you can not browse the Web user movies in various formats, including DivX, Xvid, WMV and MPEG-4.

The fact that the tab will be the launch of Android 2.2, which means also based on Adobe Flash 10.1. Other software on board, including user interface Samsung TouchWiz Social and Android 3.0 Hub In addition, an application which collects news from various social networks in one place. Samsung TouchWiz developed and social centers for their smartphone.

Tabs also come to the center for electronic access to books, magazines, newspapers, music and movies. The latter is only available in the United States. Samsung is already installed on the display, slide the augmented reality applications and gives users enter text on the touch screen with a finger from one letter at a virtual keyboard that will. For users who do not like the virtual keyboard, the Samsung also offers a hardware keyboard as an accessory.

Galaxy is the first record, but not the last tablet from Samsung, who expect a family of products in different price ranges and sizes of homes. In addition, Galaxy Tab Get updates ginger, which is the next version of Android.
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