While we’re waiting for UFC Undisputed 2010 to show up on store shelves, THQ will be giving us the demo to spar with before the big fight. It’s quite a demo too, with four of the biggest
Author: Serkadis
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Internet Explorer 9 y la aceleración por hardware
En el blog de Internet Explorer 9 dan a conocer el rendimiento al que esta llegando la versión de desarrollo de este navegador.
Para demostrar el impacto que tiene la aceleración por hardware en el navegador, corren un test que genera imágenes al vuelo o en tiempo real en el cual se debería llegar a un ideal de 60fps.
Las pruebas se realizaron sobre un Pentium a 3,0 GHz de doble núcleo, 4 GB de memoria física, NVIDIA GeForce 8600 GT, 100 GB 7200 RPM y Windows 7.
Los navegadores con los que compararon IE9 fueron Chrome 4.1, IE 8, Safari 4.0.5 y Firefox 3.6. De los cuales solo Firefox dio la máxima tasa de 16.1 fps mientras el resto no pudo pasar la barrera de los 5 fps.
Internet Explorer 9 gracias a la aceleración por hardware llego a una tasa de 64 fps, logrando este rendimiento en tiempo real utilizando sólo el 12% del total de CPU y el 15% del total de la GPU.
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Nissan Livina: Modelos 2010 recebe melhorias e uma versão S

A nova versão do Nissan Livina apareceu ontem, dia 7, no catálogo de ofertas. A versão que se chama “S” vai se estabelecer entre a versão de entrada e a versão top da linha, que no caso da Nissan é chamada de “SL” em seus veículos.
Os modelos que recebem novo pacote são o Livina com 5 lugares, Grand Livina com 7 lugares e a Livina X-Gear, versão adventure. Os itens inclusos no pacote S incluem airbags de série para o passageiro, travamento e destravamento das portas por controle remoto, rádio com MP3 com entrada auxiliar e rodas de liga leve de 15 polegadas.
A Livina 1.6 2010 recebeu o controle das travas por controle remoto, para completar a lista de itens que já possuia em sua versão de entrada (direção elétrica, vidros, travas e retrovisores elétricos, airbag para motorista e sistema de ar-condicionado). E as versões top de linha (SL) receberam um revestimento de couro nos painéis das portas e nos bancos.
Via | Pit Stop Brasil
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Scratch Being Labeled a Racist – You May Already Be an Incidental Member of a Flash M
04.07.10 07:35 PM posted by Veronica EstradaTime to double-check your friends and followers on Facebook and Twitter.
If you ever RT or "liked" any sort of gathering, in the future, you may be pegged for being part of a flash mob, if that hasn’t been done already.
The DOJ is considering "the development of a flash mob training and technical assistance program" to monitor and investigate "near-spontaneous [gatherings] generated by invitations extended through social-network web sites and text messaging":
BJA is seeking information from law enforcement agencies that have developed policies and procedures for handling flash mob incidents. For the purpose of this effort, BJA defines a "flash mob" as a sudden, near-spontaneous gathering generated by invitations extended through social-network web sites and text messaging. To date, most flash mobs were more quixotic than criminal, and other than precautions for safety, provided little need for direct law enforcement. More recently, however, some jurisdictions are reporting that thefts, assaults, and property damage have occurred during flash mob events. BJA is considering the development of a flash mob training and technical assistance program and is interested in hearing from law enforcement agencies that have flash mob response experience.
Agencies are encouraged to contact Michael Medaris, BJA Senior Policy Advisor..
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Think twice before you retweet this, lest you be reported for inciting civil unrest or worse. read more »
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The State Of The State = The State Of The Union.
04.08.10 01:32 AM posted by Skip MacLureCalifornia is looking just like its business model back in Washington which is to say not well. We are unfortunately used to seeing governments big and small underestimate just about everything. We probably should scream like crazy about every item but we cant, not in the real day to day world. Thats why we hire politicians to represent us, who are supposed to look out for our interests and do the will of their voters.
It isnt working that way, certainly here in California with our State Assembly, strongly left leaning and overrun by myriad special interests and environmental activism. Our politics are almost comical in ineptitude. Fresh from an environmental disaster that came very close to destroying the States Central San Joaquin Valley, our State government stood largely silent, as did the Governor, when the Feds shut off the water to the farmers citing damage to a 2? junk fish.
The Assembly, ignoring the record unemployment figures plaguing the State, actually put forth a bill for a single payer health care for California. The bill was estimated to cost a total of as much as thirty billion dollars. This bill went bye-bye. But what was in the heads of the politicians who seriously put this bill forward at a time when most Californians are struggling to get along and many arent getting along that is? Its their responsibility all of it. read more »
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Audi TT 2011 chega mais potente e atualizado
A Audi apresentou a versão 2011 do TT, que recebeu um leve facelift tanto em seu exterior como interior, com a intenção de deixa-lo com uma cara mais atualizada, além de também ganhar um acréscimo de potencia na sua versão mais barata. As mudanças ocorreram tanto na carroceria cupê, quanto no roadster.
Sua versão com motor TFSI de 2.0 litros ganhou um acréscimo de 11 cavalos, e sua potencia inicial de 200 cv, passou para 211 cv. De acordo com a companhia, além de ter sua aceleração de 0 a 100 km/h, agora feita em 6,1 segundos e velocidade final melhoradas, permitindo ao modelo chegar numa velocidade máxima de 261 km/h, o Audi TT 2011 agora ficou mais econômico. Num percurso misto, ele faz em media 15,1 km/l.
Já sua versões mais potente TTS e TT RS de 272 e 340 cavalos respectivamente, não receberam alterações mecânicas.
Visualmente, as maiores alterações em sua dianteira ficou por conta de seu novo para-choque, faróis com Leds integrado e novos faróis de neblina. Já na sua traseira a as mudanças mais significativas estão em suas novas lanternas traseiras e na saída de escapamento dupla mais encorpadas.
Seu interior também recebeu pequenas modificações em seu acabamento que encobrem o volante, forros das portas e console central, que agora podem ser personalizados por uma nova gama de cores metálicas, entre elas Oolong Gray, Volcano Red, DakotaGray e Scuba Blue.
Fonte: AutoWeek
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Newspapers Pushing For Hot News Doctrine May Find It Comes Back To Bite Them
It’s no secret that newspapers have been struggling, and many are out to blame the internet, even as the evidence suggests their troubles began long before the internet became popular. However, a really troubling aspect of all of this is that some newspaper industry lawyers have been pushing for massive changes to copyright law on the false belief that stricter copyright law for newspapers will somehow magically save them. One (but certainly not the only) aspect of this is an attempt to bring back the “hot news” doctrine, a concept that had been mostly considered dead. However, with some recent lawsuits, “hot news” is suddenly making a troubling comeback, much to the delight of some very short-sighted newspaper industry lawyers.
James Boyle recently wrote a column pointing out that the newspaper lawyers pushing for the return of hot news, or for other forms of copyright to protect news, may end up regretting that before too long. Beyond the fact that full copying is already illegal under copyright law and the lack of any evidence that aggregators or copying sites actually take away any real traffic from the original sources, “hot news” will be turned back upon these news organizations in ways they absolutely will not like:
So the new right would have no effect on the real problem newspapers face. And it would give them almost no protection that they do not already have either through law or technology. What would it do? It would cast a pall of fear over free speech. Is my blog or twitter feed allowed to say that there has been an earthquake or that some political scandal has erupted? Or must I buy a license to say so? After all, in the new world bloggers are “competitors” as news sources.In fact, the right would produce all kinds of effects the newspapers have not thought about. They are assuming that this new right will only be wielded by them. Not so. Think of political activists who break a story — for example the young conservative filmmakers who produced devastating information on the operation of the organization ACORN. They are a news source. They might think it was a great idea selectively to decide which news organizations got to report that story, at least as long as it was “hot.” Does that sound attractive? I think not. And then think of the difficulties of proof, the possibility of chilling of speech by wrongly claiming to be its source. Implementation would be a nightmare.
The column itself was actually in response to a recent FTC-organized panel discussion about the journalism industry, that effectively pitted Boyle along with Yochai Benkler, against a team of newspaper industry lawyers. The full transcript (pdf) is entertaining at parts, as the industry lawyers admit that copyright law today is not the problem, but they still all seem to see it as the solution. But they all keep making questionable assumptions or downright bizarre statements. For example, the AP’s Laura Malone seems to think that people won’t click through to AP stories, because the AP reporters are so good that they explain all that’s needed in the first paragraph and the headline:
What we’re talking
about is news-aggregation sites where they take headline and lead, which can be, if it’s a well-written
lead and a well-written headline, the way they teach in “J” schools and the way most news
organizations teach their reporters, that’s the heart of the story, and the way people consume their
news is to look at the top two or three things, read real quickly, move on to the next article. They’re
not going — They’re not clicking through — To Ken’s point, not clicking through to the original
source to read the entire detailed ‘graph 4, ‘graph 5, ‘graph 6. They’ve got what they need in the
headline and the lead, which can be one or two ‘graphs. And that is supplanting what’s happening out there with people not going to “The New York Times” because they’re reading it on Google
News or they’re not going to “The Washington Post” ’cause they’re reading it aggregated
somewhere else. And I think that there is a problem with that. We do need to be able to say that
we, the content owners, we, the copyright owners, get to set the parameters by which people can
republish our stuff.
But I read that, and all I think is that if someone copying your headline and your lead is enough to make people not click through, then it’s your fault for not providing any more value in the rest of your article. Sure, the journalism schools teach you to put the who, what, where, when and why in the opening, but the fact that the AP is now admitting that the rest of the article is worthless is incredibly telling. It means that the AP isn’t doing a very good job. If the AP reporters provided real insight and analysis in the rest of their articles, then maybe people would click through. The problem here isn’t that people are copying the opening of an article in an aggregator — it’s that the AP itself is failing to give people any reason to click through. They’re failing to provide the insight and value that will draw people in. Don’t blame the aggregators for that. Improve your reporting skills.
The discussion itself goes along the usual path, starting with copyright in general, moving on to fair use, then to the issue of aggregation, and then jumps to hot news. From there, it begins to get scary again, as the newspaper lawyers (with a slight exception of the guy from the NY Times) start talking about the need to create a permission-based reporting system, whereby anyone should have to get permission to link to a story. News Corps’ Jim Marcovitz summarized it thusly:
It’s only opt-out now
because there’s nothing that says to someone that you have to abide by these instructions, and I
think you have to shift that paradigm to one that is permission-based as opposed to opt-out-based.
Benkler then demolishes this point by highlighting how ridiculous this concept would be, and how much damage it would do:
This beguiling
idea of permissions everywhere — permissions for whom? When a “New York Times” reporter
who knows Spanish reads three newspapers from Chile and puts together insight about what is
going on in the earthquake and how people think — permissions? When any reporter sits, combines
what they hear with seven other reports they’ve listened to — permissions? You want to live in a
permissions system that facts are permitted? It is — that is exactly the point about the fact-expression
dichotomy. We exist in a world where facts are, as Justice Brandeis put it, in the same
case…. Facts, as Louis Brandeis said, should be free as
the air to common use. We do not have a permissions system for breathing.
From there, Malone (from the AP) pulls out the old argument that basically says (paraphrasing a bit, but not much), “but if we don’t get to protect our content, we have no business model and reporting disappears,” to which Boyle effectively responds by pointing out that technology and markets evolve:
One thing that I like to do is just reflect how wrong I have been
about my confident projections about technology and war in the past, because I find it a useful
corrective. Like, if someone told me in 1990, like, “What would the model be for putting together
an encyclopedia?” You know, one person has this sort of Encyclopaedia Britannica model, lots of
copyright, lots of trademarks, highly paid editors, whatever, and another guy goes, “I’ll have, like, a
website, and people can, like, put stuff up,” I wouldn’t have thought that the latter was a workable
business model. I would have been wrong. I wouldn’t have thought that Linux open source was a
viable generation model. I would have been wrong. And I think that the key here is permissions-based,
and I would separate James and Ken’s different solutions slightly. At the beginning of the
Net, it was an open question whether linking would be permissions-based or not. Right?
Beginning of the Web, I should say, not the Net. There were people who thought, wrongly, I think,
under American law, but who thought that there ought to be permissions every time there was any
link to anyone. And you still have people, mainly school districts, who write to you, saying, “May
I link to your website?” Right?…But, anyway, at the beginning of the Internet, if we
had been debating in this room, “Hey, there’s this new world wide web thingy, right? So, should
we be permissions-based, or should we be kind of opt-out, right? Opt-in or opt-out?” We could
have come up with great reasons why everyone should have permission. And it’s like, “It’s not that
hard. You just have to write to the person and get permission to link. It’s not that hard. You know,
if you want to create a mash-up on Google Maps, you know, you just have to write to all the data
sources that you’re gonna get, all million of them, and, you know, just get permission. It’s not that
hard.” And all that would have prevented is the world wide web, right? But, of course, the people
in this room wouldn’t have cared because they didn’t know what the world wide web was and
couldn’t have imagined either its horrific site — child porn, piracy, which appears more often than
child porn. That’s one of its horrific sides. Child porn, you know, spam, strangely articulate
Nigerian oil ministers who happen to write to me personally. Okay, so there’s all the bad stuff, but
there’s also this amazing world that is being built, and the point is we would have got it wrong,
dramatically wrong, if we’d gone permissions-based, okay? Now, the good thing that we would
have foregone, we wouldn’t have cared about because we couldn’t have imagined it, right? This,
for me, suggests humility as the guiding principle of intervention. Right? And so major changes,
like going permissions-based — I would say — I just think that that’s — that is going to be so wrong
in so many cases with such tragic results that I would really push against it.
The real point comes out a bit later in the discussion, as Boyle highlights what this is really all about: it’s about one industry trying to use laws to prevent competition:
But, you know, there really is — the sort of Boyle’s Law of Technology government
regulation is that there’s a pervasive problem which is mistaking the current parties who deliver a
particularly useful social service or the social service itself. Right? You know, the people who —
who sold whale oil — whale oil for lamps — you know, could well have come to Congress and say,
“Illumination for reading is a valuable thing. These newfangled electric light companies need to be
put out of business,” and that would have been the wrong move. I think that the “hot news”
doctrine has real negative consequences. Right now it operates as a kind of insider’s club. Much of
what is done by newspapers with each other is actually problematic under existing “hot news”
doctrine but would never for a moment be considered litigant….
And that really is the key point in all of this. The newspapers think that “the news” originates with them, and they want to make sure that no one else can re-report the facts they’re reporting, as if they own them. But they’re going to discover quickly that the news does not originate with them, and quite often will originate with other parties — parties who might not want the AP or the NY Times to report that news. And then the newspapers and their lawyers who pushed so hard for this hot news doctrine will be in serious trouble — perhaps even more trouble than they are in today.
So the newspapers are going to keep pushing for new protectionist laws that are not about saving reporting at all. They’re about saving their existing infrastructure and their existing companies — because that’s all they know. But they don’t recognize the unintended consequences of all this, and how much harm it will do to reporting itself — including their own reporting. And they’ll discover soon enough that when an upstart reports on something, and suddenly the NY Times or the AP or News Corp. can’t report on the same thing themselves, that perhaps they made a pretty big mistake.
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Watch: Big name battles in Naruto Shippuden: Ninjutsu Zenkai! Cha-Crash!
Back in December, we told you guys about two Naruto titles going to the portables (qjnet/news/more-naruto-going-portable-and-multiplatform.html). One of them, Naruto Shippuden: Kizuna Drive is heading for the PSP, while the other, Naruto Shippuden: Ninjutsu Zenkai! Cha-Crash!
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Rosenberg: The Only Story Is Deflation, And Consumer Spending Is Only Up Due To Mortgage Walkaways
In this morning’s Breakfast With Dave note, David Rosenberg of Gluskin-Sheff hits on a theme we discussed the other day, about the impact of Obama’s “Extend & Pretend” mortgage policy.
As originally argued by Paul Jackson at HousingWire, it’s the fact that millions of families are essentially living mortgage-free which explains the seeming disconnect between sagging housing and rebounding consumer spending.
Here’s Rosie:
There is no better real-world example of this than in the airline business. Have a
look at Summer Airfare Sales Are Back on page B1 of yesterday’s USA Today.
Shopping-Center Malaise in yesterday’s WSJ (page C9) is another example —
many things are “up” from last years’ detonated levels but what are not are
average lease rates, which have deflated 3% on a YoY basis. Manhattan
apartment rents are down 6.1% YoY and property prices have deflated 7%, on
average. There is no inflation in the real economy outside of gasoline, health
care and State taxes and all of these are actually deflationary drains on
consumer cash flow.For the time being, strategic mortgage defaults and higher tax refunds are
keeping consumer spending afloat. Yes, employment conditions have improved
but not enough ostensibly to prevent wage contraction. However, when wages,
rents, property prices, credit and now the money supply are all contracting, it is
very difficult to paint an inflationary picture no matter what China is doing to
commodity prices. Did you ever think we would see $145/bbl oil in our lifetime
to then only see headline inflation (we’re talking about the PCE here for the folks
who despise the CPI) down to 2.0% and core down to 1.0% a mere two years
later? The economy may be enjoying something of a statistical bounce just as
so many other post-bubble countries managed to do after the initial sharp
downdraft — but it’s like a rubber ball … it bounces up temporarily and then
heads back to the floor and then bounces again but with less veracity, to again
hit the floor and so on. That is the economic performance and outlook — brief
bounces but the overall trajectory is down, not up. The primary trend, and this is
definitely not in the mainstream, is one of deflation, not inflation. The fact that
so many believe in inflation makes this theme that much more appealing.Remember Bob Farrell’s Rule number 9: “When all the experts and forecasts
agree, something else is going to happen.” The most dangerous thing anyone
can do right now is follow the herd mentality, and yet that is exactly what is
starting to happen.But we have to wonder: can you actually get paid betting against inflation right now? Perhaps, but right now inflation expectations are extremely low. Sure yakkers are talking about inflation, but that’s not what the market is anticipating.
Join the conversation about this story »
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Lamborghini Reventon recebe novo jogo de rodas ADV1
Se você for um dos 20
abastadosfelizardos que terão um Lamborghini Reventon, e você quiser personalizá-lo um pouco mais o seu novo carro, agora existe uma nova opção de rodas da ADV1 para o supercarro.Como o próprio Reventon já possui uma aparência chamativa, o novo jogo de rodas não chama tanto a atenção como em outros modelos mais humildes, mesmo assim é uma opção para deixar o carro com um visual ainda mais agressivo.
Confiram as imagens a seguir e vejam a diferença do novo jogo de rodas. Se bem que o conjunto original do carro também não deixa a desejar, mas ai vai do gosto de cada um. Se tiver muito dinheiro para gastar em um carro e ainda assim não estiver satisfeito com sua beleza, tudo é possível de acordo com seu bolso.
Imagens do Reventon personalizado
















Via | Top Speed
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Multinational Strategies and Developing Countries in Historical Perspective
Published: April 8, 2010 Paper Released: March 2010 Author: Geoffrey Jones Executive Summary:
HBS professor Geoffrey Jones offers a historical analysis of the strategies of multinationals from developed countries in developing countries. His central argument, that strategies were shaped by the trade-off between opportunity and risk, highlights how three broad environmental factors determined the trade-off. The first was the prevailing political economy, including the policies of both host and home governments, and the international legal framework. The second was the market and resources of the host country. The third was competition from local firms. Jones explores the impact of these factors on corporate strategies during the three eras in the modern history of globalization from the nineteenth century until the present day. He argues that the performance of specific multinationals depended on the extent to which their internal capabilities enabled them to respond to these external opportunities and threats. The paper highlights in particular the changing nature of political risk faced by multinationals. The era of expropriation has, for the moment, largely passed, but multinationals now experience new kinds of policy risk, and new forms of home country political risk also, such as the Alien Tort Claims Act in the United States. Key concepts include:
- The strategies of multinationals in the developing world have changed over time. Initially
they sought access to resources through exclusive contracts. As anti-globalization policies increased, they needed enhanced political contacts, and strengthened local managements. The pursuit of markets and lower cost labor is now the central focus. They still need local political and business contacts, but also have to respond to local competition and demands to incorporate local relevance into global products. - Multinationals initially enjoyed insider advantages in colonial regimes. With decolonization, political risk rose sharply. They were often expropriated, and many divested. Now multinationals face regular, adverse shifts in policy by host governments.
- The recent period of globalization has also seen the growth of home country political risk. In particular, multinationals face criticism and legal action for real or alleged environmental or human rights abuses in developing countries.
- Developing countries, or at least the larger and more fast-growing ones in Asia and Latin America, are increasingly seen as indispensable by multinationals in every industry. However recent decades have seen a sharp growth of highly competitive local firms, who can compete with frugal engineering, and are going global.
Abstract
This working paper offers a historical analysis of the strategies of multinationals from developed countries in developing countries. The central argument is that strategies were shaped by the trade-off between opportunity and risk. Three broad environmental factors determined the trade-off. The first was the prevailing political economy, including the policies of both host and home governments, and the international legal framework. The second was the market and resources of the host country. The third factor was competition from local firms. The impact of these factors on corporate strategies is explored during the three eras in the modern history of globalization from the nineteenth century until the present day. The performance of specific multinationals depended on the extent to which their internal capabilities enabled them to respond to these external opportunities and threats.
58 pages.Paper Information
- Full Working Paper Text

- Working Paper Publication Date: March 2010
- HBS Working Paper Number: 10-076
- Faculty Unit: Entrepreneurial Management

- The strategies of multinationals in the developing world have changed over time. Initially
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Here It Comes: Europe Is Facing A Three-Decade Debt Nightmare
Europe has a long three decades ahead of it.Costs of the financial crisis and an expensive social welfare system will cause public sector debt to skyrocket, according to a report by the Bank for International Settlements. The most shocking estimates are for Britain, where interest payments on debt may hit 27% of GDP.
Ridiculous debt levels are coming — worse than the U.S. national debt and worse than the Greek debt.
Check Out Europe’s Public Sector Debt Crisis >
Government debt is going gangbusters across the developed world
Source: BIS
Europe faces an unprecedented aging crisis
Source: BIS
Age-related costs are increasing fast
Source: BIS
Italy — public debt approaching 250% GDP
Sign of the apocalypse: The big winner in recent elections was a right-wing anti-immigrant party that blames economic problems on gypsies.
red: baseline scenario
green: small gradual adjustment
blue: small gradual adjustment with age-related spending held constantSource: BIS
Portugal — public debt approaching 270% GDP
Sign of the apocalypse: Greece’s deputy prime minister says: “You are the next victims … I hope it doesn’t happen and the solidarity prevails and we find an exit from this escalation (of borrowing costs). But if this does not happen, the next probable victim will be Portugal.”
red: baseline scenario
green: small gradual adjustment
blue: small gradual adjustment with age-related spending held constantSource: BIS
Austria — public debt approaching 300% GDP
Sign of the apocalypse: One out of two Austrians retire early with a disability pension, according to the OECD.
red: baseline scenario
green: small gradual adjustment
blue: small gradual adjustment with age-related spending held constantSource: BIS
Spain — public debt approaching 300% GDP
Sign of the apocalypse: Spain’s unemployment stands at the EU-high of 18.8%.
red: baseline scenario
green: small gradual adjustment
blue: small gradual adjustment with age-related spending held constantSource: BIS
Germany — public debt approaching 305% GDP
Sign of the apocalypse: The German economy contracted in Q1 and is heading toward a double-dip recession, says the OECD.
red: baseline scenario
green: small gradual adjustment
blue: small gradual adjustment with age-related spending held constantSource: BIS
Ireland — public debt approaching 310% GDP
Sign of the apocalypse: A new bank bailout may cost up to €100 million, according to the Irish Times.
red: baseline scenario
green: small gradual adjustment
blue: small gradual adjustment with age-related spending held constantSource: BIS
Netherlands — public debt approaching 400% GDP
Sign of the apocalypse: Only 44% of Dutch supported budget cuts, even as the government warns of a “Greek scenario” by the end of the decade, according to Reuters.
red: baseline scenario
green: small gradual adjustment
blue: small gradual adjustment with age-related spending held constantSource: BIS
France — public debt approaching 400% GDP
Sign of the apocalypse: The EU’s two largest economies are bickering, with French Finance Minister Christine Lagarde calling for Germany to spend more.
red: baseline scenario
green: small gradual adjustment
blue: small gradual adjustment with age-related spending held constantSource: BIS
Greece — public debt approaching 410% GDP
Sign of the apocalypse: Greece is under increasing pressure today, and their 10-year bond spread against the German bund has reached an all time high of 453 bps. The euro is down .2% against the dollar.
red: baseline scenario
green: small gradual adjustment
blue: small gradual adjustment with age-related spending held constantSource: BIS
It’s not just Europe… USA — public debt approaching 430% GDP
Sign of the apocalypse: America is about to fall off the list of safest credit ratings.
red: baseline scenario
green: small gradual adjustment
blue: small gradual adjustment with age-related spending held constantSource: BIS
UK — public debt approaching 520% GDP
Sign of the apocalypse: Hung parliament is a growing possibility, which would shatter Britain’s hopes of dealing with the budget.
red: baseline scenario
green: small gradual adjustment
blue: small gradual adjustment with age-related spending held constantSource: BIS
Japan — public debt approaching 600% GDP
Sign of the apocalypse: Japan is eating the bluefin tuna out of existence.
red: baseline scenario
green: small gradual adjustment
blue: small gradual adjustment with age-related spending held constantSource: BIS
Don’t miss…
The Scary Reason Europe Is Doomed To Crisis After Crisis After Crisis
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SIEL Translations: Mercosur TPR Decision, 1/2005
The Society of International Economic Law has just released the first fruits of a trial project it is running, translating Spanish
language material related to international economic law into English. The first project has been to translate the
first decision of the MERCOSUR Permanent Tribunal for Review (No1/2005), on the Prohibition of the Importation of Retreaded Tyres from Uruguay.The translation is on the SIEL website, at www.sielnet.org/sieltranslationproject.The official Spanish language version can be found here.
The translation was carried out by: Taïs Jost; Nicolás Perrone (London School of Economics, Universidad de
Buenos Aires); Maria Alejandra Calle-Saldarriaga (Universidad EAFIT); and Carolina Saldanha (Uno – Trade Strategy Advisors). Further detailed editorial work was then carried out byAleksandra
Bojovic (London School of Economics), Nicolás Perrone, and Taïs Jost, with some
assistance from myself. All have considerable expertise in international economic
law, and they have volunteered an enormous amount of time to this project. I
would like to thank them publicly on behalf of SIEL.Substantively, there are quite a number of points of
interest in this judgement. Some which spring immediately to mind:–
the decision makes considerable and very explicit
use of the case law of other integration arrangements, namely EC and Andean
Community judgements, and one WTO judgement (Korea-Beef). It does so under the rubric of a notion of ‘the law of
integration’. This will be of interest to those interested in tracking
transnational interactions between courts, and in particular the borrowings and
transplantations between different regional arrangements.–
There are some interesting contrasts and
comparisons with WTO law which present themselves. For example, the explicit
(and summary) treatment of the subjective intention behind the prohibition on
imported retreaded tyres (para 16) – which they dismiss as self-evidently
protectionist. Or the assertion
that exceptions to the principle of free trade must be interpreted narrowly
(para 10), an approach which has of course been rejected in WTO law.–
There are intriguing references to the
(in)ability of Mercosur Tribunals to refer to principles of public
international law external to the Mercosur legal system. It’s not entirely
clear, but what looks initially like an unequivocal rejection seems to get
slightly more complicated later on the judgement. This at least offers some
counterpoint to the usual discussion of whether and how the WTO could take
regional law into account.–
I found it interesting also that the PTR went
out of its way to reject the notion that the application of
environmental exceptions involves the balancing of two competing objectives, ie
the freeing of trade and the protection of the environment (para 9) –
particularly as the approach it preferred might not be that different in
practice. There is a story to be told at some point, I am sure, which situates
this kind of ‘conflicting considerations’ analysis (which we are very familiar
with from the WTO’s approach to GATT Article XX) within the narratives told by
of Duncan Kennedy and David Kennedy in their chapters in Trubek and Santos’
recent book on Law and Development.We hope you find the translation of some use.
The unusual language of the Tribunal in some places presented its own
difficulties of translation, and we would value feedback. We would also value
suggestions as to what material is most urgently in need of translation. At present, we have a second Mercosur judgement in the
process of translation, as well as the Protocol of Olivos. -
Wait, Maybe The Consumer’s Not Dead, Retail Sales Are Clobbering It

Our head hurts.
Yesterday we learned that consumer credit re-shrunk, and today we learned that the jobless claims picture still sucks. And the housing market still sucks.
And yet! Retail sales for March seem to be pretty strong.
Several companies came out with good numbers today, and Thomson Reuters says the 9.1% year-over-year gain was the best ever (bear in mind that last March was the pit of all despair, so it was never hard to imagine us killing that with flying colors.
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Gartman: United And US Airways Would Combine The Two Worst Airlines, With The Surliest Employees, And The Worst Customer Service (UAL, LCC)

The best responde to the news that United Airlines and US Airways may merge goes to Dennis Gartman who throws a roundhouse punch at the two legacy carriers.
A few choice comments include:
- These are the two worst airlines in the world.
- Their services are uniquely bad.
- Their employees are uniquely surly.
- Their on-time and baggage services grades appalling.
- Their customer services reps uncommonly unhelpful.
Gartman knows this because he’s flown both airlines many a time and if we can recall, has voiced his opinion about airlines in previous editions of The Gartman Letter.
As he says “…last night when we were on Fast Money from NY, ‘Two bad airlines are potentially merging to form one even worse airline! Count us out.’ We stand by that statement: two wrongs do not make a right.”
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Cows absolved of causing global warming with nitrous oxide by Louise Gray, Environment Correspondent The Telegraph
Article Tags: CowGate
Livestock could actually be good for the environment according to a new study that found grazing cows or sheep can cut emissions of a powerful greenhouse gas
In the past environmentalists, from Lord Stern to Sir Paul McCartney, have urged people to stop eating meat because the methane produced by cattle causes global warming.
However a new study found that cattle grazed on the grasslands of China actually reduce another greenhouse gas, nitrous oxide.
Authors of the paper, published in Nature, say the research does not mean that producing livestock to eat is good for the environment in all countries. However in certain circumstances, it can be better for global warming to let animals graze on grassland.
The research will reignite the argument over whether to eat red meat after other studies suggested that grass fed cattle in the UK and US can also be good for the environment as long as the animals are free range.
Click source to read FULL report from Louise Gray
Source: telegraph.co.uk
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Oficial: Ferrari revela 599 GTO e sua ficha técnica
Além das fotos oficiais, a Ferrari apresentou os detalhes técnicos da 599 GTO, onde a designação GTO significa “Gran Turismo Omologata”. Isso significa que o modelo recebeu diversas alterações em relação a 599 GTB, incluindo a sua motorização, design e de peças maximizando o seu desempenho.
Sua potencia original de 612 cavalos, saltou para 661 cv e é oriunda do motor V12 de 6.0 litros que recebeu algumas alterações pra melhorar o seu rendimento. Aliada a uma suspensão recalibrada, com direito a um jogo de molas mais enrijecidas, barra estabilizadora traseira e um novo controle de tração a Ferrari 599 GTO é capaz de fazer de 0 a 100 km/h em apenas 3,35 segundos, atingindo uma velocidade máxima de 335 km/h. Vale ressaltar também a atuação de seu cambio sequencial F1, que permite trocas de marchas em apenas 60 ms.
Apesar disso, o superesportivo ainda ficou menos poluente, emitindo 4 g/km a menos que a GTO tradicional. Outro aspecto trabalhado foi a redução de peso, onde a 599 GTO, conseguiu “emagrecer” 195 kg, pesando agora 1.495 kg.
Por fora, o modelo recebeu um novo kit aerodinâmico que conta com um novo spoiler dianteiro que de acordo com a Ferrari, aumenta o downforce na parte dianteira do veiculo e o arrefecimento do radiador de óleo, enquanto que as saias laterais melhoram o fluxo de ar na parte central inferior. Complementando seu visual temos um jogo de rodas de 20 polegadas, calçadas por pneus de perfil 285/30 na dianteira e de 315/35 na traseira.
De seu interior foram retirados alguns itens de luxo como o radio e o sistema de navegação, entrando em seus lugares equipamentos de monitoramento e gerenciamento geral da Ferrari 599 GTB. È o caso do sistema Virtual Racer Engineer, que informa em tempo real ao motorista as condições de vários equipamentos do veiculo como a temperatura do óleo, líquidos de arrefecimento e até dos pneus.
Fonte: CarMagazine
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Amazon Launches Simple Notification Service
Amazon continues its push into cloud computing with an interesting new service that complements nicely the other cloud services the company is already offering. The Amazon Simple Notification Service allows developers to add a notification system to their apps. The notifications themselves can take several forms and can be aimed at subscribers or othe… (read more) -
Daimler afirma não conseguir financiar a próxima geração do Smart

Para as pessoas que gostaram do pequeno Smart e esperavam uma continuação do modelo ser lançada ao mercado, pode ser que fiquem um pouco decepcionados com a Daimler, pois pelo que parece, o CEO Dieter Zetsche declarou que isso não vai acontecer em uma conferência de imprensa. Contudo, essa decepção pode ser temporária.
Zetsche explicou que a Daimler esteve procurando por uma parceria para a produção de um novo motor de 4 cilindros para o novo modelo, e que eles conseguiram firmar um acordo com a Renault SA e a Nissan Motor Corp.
Outra curiosidade que o CEO da Daimler informou ao público foi que a parceria que havia com a BMW não foi possível de manter, pois a montadora possui uma arquitetura diferente de seus veículos. Então, resta agora contar com a parceria da Renault e Nissan para ajudar na realização dos objetivos da Daimler e melhorar seus resultados de produção no futuro.
Via | 4 Wheels News
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Copyright A Priority For The DOJ; But Identity Fraud Has Fallen Off The List
Well, isn’t this just great. Just a little while back, the Justice Department announced that fighting “intellectual property crime” was a major priority. At the time, we wondered if there weren’t more important things for the DOJ to be working on. The answer is yes, of course, but the Justice Department has apparently decided to push them off the priority list. A new report on identity fraud notes that it has “faded” as a priority for the DOJ and the FBI. Ah, right, the stuff that actually harms individuals directly and isn’t a civil or business model issue? Why focus on that when you can prop up your friends in Hollywood?
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