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.
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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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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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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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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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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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