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  • French Guiana, Martinique vote massively against more autonomy

    Quote:

    11 January 2010 – 02H31
    – France – Overseas France – referendum

    AFP – Martinique and French Guiana voted massively against more autonomy for their French overseas departments, fearful a change of status would lead to less generous financial support and protection from Paris.

    Nearly 79 percent of voters on the Caribbean island of Martinique said no to more autonomy, while the result was almost 70 percent in Guiana, the tropical South American territory wedged between Brazil and Suriname.

    Participation was 55 percent in Martinique and slightly over 48 percent in Guiana, according to definitive results released by France’s ministry for overseas departments.

    The votes were held a year after French overseas departments in the Caribbean as well as the Indian Ocean island of La Reunion were convulsed by strikes and rioting over low wages and high prices.

    President Nicolas Sarkozy proposed holding the referendums when he travelled to Martinique in June as part of a drive to heal ties following the general strike which degenerated into weeks of rioting at the start of 2009.

    Martinique, which has around 400,000 residents, and Guiana, a vast territory with some 200,000 residents, were asked to approve or reject a change in status for their departments.

    The wording of the question was technical but in essence it asked voters if they wanted to change the status to make it more like that governing more autonomous French territories such as New Caledonia in the Pacific.

    Sixty years after being granted the status of department — which makes them legally as French as Normandy or Provence — the tropical territories face high unemployment despite billions of Euros in financial support from the state every year.

    The mayor of Guiana’s capital Cayenne, Rodolphe Alexandre, said the question of financing drove the campaign and the result of the referendum.

    While recognising the current statute which sets out their status has its drawbacks, Alexandre said "in the end its not a problem of powers or the statute but of financing and strategy. That is what changed people’s minds."

    The result is a "victory for democracy, for the silent majority," he told AFP.

    France’s opposition Socialists suggested that Sarkozy’s warning that more autonomy would come with less state support influenced the result.

    "What could have weighed on the result is the president saying in February 2009 that with the transfer of powers to overseas departments funding should be from local resources," Socialist party chief for overseas departments Axel Urgin said on RFO radio.

    But Sarkozy said the result reflected strong ties to France.

    "The choice is evidence of the attachment of Guianians and Martinicans to a status which is close to those of communities in metropolitan France and reaffirms the close ties which unite them to the Republic," he was quoted as saying in a statement by his office.

    "No" campaigners had warned the French state might be seeking to disengage from its overseas departments and reduce their people’s social benefits, which are almost the same as in France.

    Martinique, a major rum and banana producer and a tourist destination for mainland French seeking winter sunshine, has an unemployment rate topping 20 percent, more than twice that of metropolitan France.

    Guiana, perhaps best known as the launch site for Europe’s Ariane space rockets, faces similarly high joblessness.

    Voters on the Caribbean island of Guadeloupe, which had also been rocked by strikes, did not take part in the consultations as their local leaders decided that the tense social climate was not conducive to holding a referendum.

    Guiana and Martinique will now hold a second referendum on January 24 in which voters will be asked to give their opinion only on whether they want administrative simplifications to be carried out
    .


    ^^

  • W. Basketball: Domination

    Cardinal women rout Cougars

    Washington State proved once again to be no match for the Stanford women’s basketball team, which defeated the Cougars for the 49th consecutive  time. The Cardinal will take on Washington tomorrow. (MASARU OKA/The Stanford Daily)

    Washington State proved once again to be no match for the Stanford women’s basketball team, which defeated the Cougars for the 49th consecutive time. The Cardinal will take on Washington tomorrow. (MASARU OKA/The Stanford Daily)

    Nnemkadi Ogwumike posted her seventh 20-plus point game of the season, leading both teams with 22 while picking up 13 rebounds. Stanford is now 49-0 all time against Washington State.

    The Cardinal (14-1, 4-0 Pac-10) all but locked down the game on the defensive side to open, holding the Cougars (5-11, 0-5) to just 18.4 percent shooting in the first half. Stanford, meanwhile, found the basket on 54.8 percent of its shots during the first frame.

    “I think people tried to work hard defensively, and we were a lot bigger than them,” said Stanford head coach Tara VanDerveer. “I think we could affect their vision and affect their shots. Our team has been working hard defensively, and I think we’ve played well defensively every game this season.”

    Stanford’s dominant first half was led by an eight-for-10 effort by Ogwumike. The sophomore guard nearly earned her eventual double-double in the first half with 16 points and nine rebounds, and provided one of the game’s most exciting moments with a mid-air put-back off a missed Kayla Pederson lay-up.

    “[Ogwumike] is a phenomenal athlete, just a gifted young lady who’s really improved her skills,” said Washington State head coach June Daugherty. “It looks like she’s just living in the gym here at Stanford, and she’s very difficult to guard. She can hit the step-back or square up; it’s not just a drive and rebound game like in the past. Her skill package makes it really, really tough to guard.”

    Stanford had a fairly comfortable control over the game coming into the second half, leading 42-19, but an injury to Jeanette Pohlen would ignite their offense and lead to them putting the game away. Two and a half minutes into the second frame, the junior guard went down hard near the basket and had to be carried off by two trainers, keeping weight off her right foot.

    “Jeanette sprained the same ankle that she sprained in the Cal game [two weeks ago],” VanDerveer said. “We’re gonna have to let it heal up.”

    Her teammates, who had yet to score since halftime, would respond with a marked increase in tempo and intensity.

    Captain and senior Jayne Appel, who had only six points until Pohlen’s injury, immediately became more involved in the game, pulling down two rebounds and taking more aggressive shots over the next two minutes. She ended the game with 14 points and nine rebounds. Point guard Rosalyn Gold-Onwude took initiative as well, picking up two quick three-pointers after a scoreless first half.

    “I think that they did step up big . . . Everyone’s attention was gotten at the point, and I think Jayne really said, ‘Wow, I gotta get to work in here,’” VanDerveer said. “Jayne’s a competitor, and she always posts up big . . . Ros had been playing really well, too, and she helped us especially when Jeanette went out.”

    Gold-Onwude, long praised for her leadership and pesky perimeter defense, has been contributing a lot on the offensive end recently as well. On the heels of a career-high 18-point effort at UCLA last weekend, the redshirt senior put up 11 points against the Cougars last night.

    “I think she’s playing really confidently right now, she’s coming out and looking to take her shot, and I think that’s the main difference-maker for her right now,” Appel said. “She’s run this offense for five years now, so I think it kind of comes with her role that we expect.”

    As Stanford built its lead, VanDerveer was able to move deeper into her bench. Seven non-starters got at least four minutes of time on the court, their contributions highlighted by an uncontested Ashley Cimino three-pointer that electrified the crowd.

    Statistically speaking, the one dark spot for the Cardinal last night was in turnovers. The Cougars stole the ball nine times and forced 16 turnovers, compared to seven steals and 12 forced turnovers for the Cardinal.

    “We definitely have things to work on,” VanDerveer said. “We need to take care of the ball better, and I think we can get on the O-boards better. I thought we were a little bit sloppy sometimes, [but] we also have a lot to build on.”

    The Cardinal will continue its first full homestand of the conference season tomorrow afternoon, hosting the Washington Huskies at 2 p.m. at Maples Pavilion.

  • #PROJECT: UNNAMED PLOT (next to the Al Seef Tower)

    UNNAMED PLOT

    Location:next to the Al Seef Tower
    Dubai Marina (tallest block)

    Fence and security already there.

  • Viral Video: The Long NBC Late-Night Nightmare Continues! (Well, for NBC, Not for Us!) [BoomTown]

    0113_im_with_coco_2

    Oh, it goes from bad to worse and to much, much funnier.

    Here are a few new online videos about NBC’s best drama in years: The wrestling over its late-night lineup.

    It looks like “The Tonight Show” host Conan O’Brien is likely to be gone soon, chin-checked out by former host Jay Leno, whose 10 pm show on the GE (GE)–and soon to be Comcast (CMCSK)–broadcast television network bit.

    But O’Brien is biting back harder, as you will see, along with “The Late Show” legend David Letterman on CBS (CBS), who is moving into viciously hysterical against Leno, whom he clearly dislikes.

    Here are some of their latest videos:

    [Photo courtesy of Mike Mitchell]

    Buy This Item: [Click here to buy this item]

    Read Original Article

  • Skype Settles Class-Action Lawsuit, Gives $4 to Affected Users

    Skype has settled a class-action lawsuit from customers who had their accounts credit expire due to inactivity, a practice they believed was illegal. Skype has denied any wrong-doing, but chose to settle out of court and pay back users who were deprived of their credit $4, with the entire sum amounting to $1.85 million. The company al… (read more)

  • M. Basketball: Card pounded

    Huskies dominate early, pull away from Stanford

    After last weekend’s home victories against the Southern California schools, Stanford headed north to face Washington last night with momentum on its side.

    The Huskies (11-5, 2-3 Pac-10) sat dead last in the Pac-10 Conference before the matchup, with three straight losses tarnishing their opening day win; and even with a good overall season record, they needed a positive result to stop the bleeding.

    Washington led by as many as 41 points and cruised to an easy victory while resting its starters near the end. (CHRIS SEEWALD/The Stanford Daily)

    Washington led by as many as 41 points and cruised to an easy victory while resting its starters near the end. (CHRIS SEEWALD/The Stanford Daily)

    The Cardinal (8-8, 2-2 Pac-10), despite beginning the day in a three-way tie for the top spot in the conference, had its own problems to overcome, and the Huskies exposed many of them. Stanford is now 1-6 away from Maples Pavilion so far this season, with the solitary win coming against Virginia in Mexico.

    The game was back and forth at the start, with Stanford trailing 7-6 after three minutes. Washington then took charge, scoring the next 15 points and holding the Cardinal scoreless for nine minutes.

    The Huskies had their way on the glass, leading 6-1 in offensive rebounds at one point, while Stanford made 13 turnovers to Washington’s eight in the first half. Perhaps worse was the fact the Huskies were much better at capitalizing on these exchanges, taking 13 points from these turnovers to the Cardinal’s lowly two.

    Once Stanford finally broke the run and started scoring again, the teams began to trade blows more equally, but the Cardinal could not close the gap, trailing 41-22 at halftime.

    Stanford’s top scorer, and second in the Pac-10, senior Landry Fields seemed to be having a good game, scoring over half of the team’s points in the first half, more than any of the Huskies individually, and leading his teammates in most other statistics. But without his fellow players making an impact, it was going to be a long night.

    Early in the second half, Stanford began to trim the lead, getting it down to 16 points, but this momentum did not last as senior Quincy Pondexter began take control for the Huskies. In the first six and a half minutes of the second half, he added 14 points to his haul, looking like he would certainly be the man of the match.

    When freshman forward Tyreese Breshers committed his fourth foul, there seemed to be a glimmer of hope for the Card, as Washington had a number of players in foul trouble.

    As several of the Cardinal’s players had started to register on the score board, it seemed that maybe there would still be time for them to make the final result look respectable, even if the chance of fully getting back into this game looked increasingly remote. But at the same time, Fields had been neutralized and did not score again for seven minutes, removing Stanford’s main threat.

    Credit, though, has to go to Fields for being the lone Cardinal player ranked alongside a trio of Huskies — Pontdexter, sophomore guard Isaiah Thomas and junior guard Venoy Overton — as the top performers in the match.

    In the last few minutes, it was pretty clear the game was settled, and both coaches were probably already looking ahead to Saturday, resting key personnel while sending players out from the bench to gain experience in a conference game.

    The road trip continues tomorrow afternoon, with a 2 p.m. tip off at Washington State.

  • Bonding with BIND Biosciences’s New CEO Scott Minick

    BIND Biosciences logo
    Ryan McBride wrote:

    [Clarified and Corrected—7:30 AM, 01/15/10] Scott Minick made his official debut as CEO of BIND Biosciences Monday at the JP Morgan Healthcare Conference in San Francisco, which makes for one of the most frenetic weeks of the year for biotech chiefs. The Cambridge, MA-based startup also made some news this week with the announcement of an $11 million Series C round of venture capital led by wealthy businessman and philanthropist David Koch.

    Despite the crazy schedule at JP Morgan, Minick was pleased with the progress his Cambridge, MA-based startup was making in talks with pharmaceutical companies at the major biotech meeting. The firm has an attractive offering for large drug companies: nanoparticles that have the potential to deliver drugs to specific tissues in the body while significantly reducing the side effects of the compounds they carry. The value of the firm’s sciences was plenty to convince Minick to invest in the startup in 2007 as a managing partner at ARCH Venture Partners, he said, and it also influenced his recent decision to end his 11-year tenure at the venture firm to become BIND’s full-time CEO.

    Minick’s road to the CEO post at the startup dates back to before he became a venture capitalist. He was president and chief operating officer of the California biotech Sequus Pharmaceuticals (Liposome Technology), which developed and in 1995 won FDA approval of a cancer drug called liposomal doxorubicin (Doxil). The treatment encases cancer drugs in molecules known as liposomes, which are used to home in on tumor cells and deliver the drugs before they are filtered through a patient’s kidneys. And the drug’s use of liposomes was an early-stage version of part of BIND’s science, which involves the use of liposomes on the outside of drug particles to help them attach to specific cell types.

    “I had a lot of experience in doing precisely what BIND is looking to do, but with an entirely different and much more powerful technology [than Sequus’s],” Minick said. “This space has always been one that I’ve been interested in and followed closely. And I had looked for an investment to make [in this field] but just could not find the right technology platforms until a couple of years ago, when I met the Bind team.”

    Scott Minick, CEO of BIND Biosciences

    Scott Minick, CEO of BIND Biosciences

    Minick became an unofficial interim CEO at BIND about four months ago, when previous chief executive Glenn Batchelder’s tenure as chief executive ended. (He declined to comment on the circumstances around Batchelder’s departure from the company.) The board of directors identified some great candidates when it searched for a permanent chief executive, he said, but they decided that they liked the direction that Minick was leading the firm. That course is aimed at the firm’s first human clinical trial.

    In the second half of 2010, the startup plans to begin a Phase I clinical trial of its lead nanoparticle drug, dubbed BIND-014, for treating solid tumors. The treatment is a polymer nanoparticle loaded with a well-known chemotherapy drug called docetaxel, which registered 2008 revenue of …Next Page »







  • Maserati GranCabrio becomes Maserati GranTurismo Convertible in US

    Maserati GranCabrio live Detroit

    These live pics show the Maserati GranCabrio presented to press at the NAIAS 2010 Detroit auto show. The model could receive a new name for the US market, becoming the Maserati GranTurismo Convertible. We think the car is so beautiful, it should work either way. Sergio Marchionne put in an appearance at the show, in a good move after the Fiat-Chrysler deal.

    Marchionne also discussed the improved fortunes of the Maserati brand after some significant investment. Globally, the US was the most important market for Maserati in 2009, and the GranCabrio should be a key model in continuing US sales success for the luxury Italian brand.

    Maserati GranCabrio live Detroit

    Maserati GranCabrio live Detroit Maserati GranCabrio live Detroit Maserati GranCabrio live Detroit

    Source | Autoblog.it


  • Adobe Headquarters Installs 20 Vertical Axis Wind Turbines

    Inhabitat reports that micro-wind turbines are starting to be seen on corporate buildings – Adobe Headquarters Installs 20 Vertical Axis Wind Turbines.

    Eventually, we’ll be squeezing renewable energy out of every possible source we can – especially from rooftops in urban areas. Adobe Systems is at the forefront of this trend, having just installed building integrated wind turbines atop its headquarters in downtown San Jose, CA. Their 20 new Windspire vertical axis turbines are affixed on the 6th floor of the parking garage of their office complex, which also happens to be LEED certified. The electricity generated from the turbines will eventually power an electric vehicle charging station in the garage below as well as the famous San Jose Semaphore!

    Mariah Power is the maker of the Windspire, which weighs about 650 lbs, stands 30 feet tall and has a rating of 1.2 kW. Adobe installed 20 of these turbines around its employee basketball court at the top of its parking garage. Surrounded on either side by two Adobe office towers, a wind tunnel effect is created above the garage and gets average wind speeds of 14 mph. Adobe and Mariah Power expect that each of the turbines will generate about 2,500 kWh annually, totaling up to 50,000 kWh for the whole system.


  • Support Rare Fruit: Chicago Rarities Orchard Project

    2010_01_15-CROP-1.jpgWhen you walk through a supermarket produce section or farmers’ market, it may seem like there is a wide variety of fruit available, but there are actually thousands of varieties of tree fruit that aren’t commercially grown. The Chicago Rarities Orchard Project is working to bring some of those varieties back to the spotlight. More on that below, plus a family recipe for quince paste!

    Read Full Post


  • M. Volleyball: Cardinal men tip off against the Warriors

    The No. 3 Stanford men’s volleyball team kicks off its Mountain Pacific Sports Federation (MPSF) season this weekend when it hosts No. 8 Hawaii.

    Hawaii is coming off a successful weekend at the Outriggers Hotel Invitational, which it hosted. The Warriors swept No. 10 Ohio State, lost in five sets to No. 5 Penn State and knocked off No. 1 USC in

    The Stanford men's volleyball team opens up its season against No. 8 Hawaii at Maples Pavilion tonight. (Stanford Daily File Photo)

    The Stanford men's volleyball team opens up its season against No. 8 Hawaii at Maples Pavilion tonight. (Stanford Daily File Photo)

    four sets.

    “They’re good. They’re a better team than [their ranking],” said head coach John Kosty. “I think they’re definitely in the top half of this league.”

    The team’s strongest player is outside hitter Joshua Walker, who claimed the MPSF Molten Player of the Week after the tournament and was similarly named the Most Valuable Player of the tournament.

    Apart from Walker, the Warriors also boast a number of offensive weapons, such as Gus Tuaniga, Steven Hunt and Jonas Umlauft.

    “They’re a solid team and it’s going to be a battle,” Kosty said. “Hawaii is not going to be an easy team.”

    Against a team like Hawaii, the middle blockers will be the key line of defense — and even with the loss of Brandon Williams, Stanford is definitely up for the challenge.

    Returning starter senior Garrett Werner has held onto the middle blocker position for the past two years. As a freshman, Werner came in second on the team with 72 blocks and second in hits with 97 kills. As a sophomore, Werner clinched a five-set win over Hawaii with a solo block. He also had a thrilling performance against UCLA with seven blocks. Alongside Werner, sophomore Gus Ellis will be taking sets in the middle from senior setter Kawika Shoji.

    “I think our middles have vastly improved offensively from last year so that gives us another threat that we needed last year,” Kosty said. “I think this year we’ll get that consistently.”

    With blocking as the team’s first line of defense, the second line of defense comes in the form of sophomore libero Erik Shoji.

    “Erik was the best defender last year in the country and we were the best defensive team in the country last year,” Kosty said. “I think our ball control and passing for our offensive game is one of our biggest strengths.”

    Good blocking and good passing will be essential for the Cardinal against the stacked Hawaii team this weekend.

    Stanford swept both meetings with the Warriors last year in Hawaii, led by Kawika Shoji’s 49 assists and outside hitter Evan Romero’s 21 kills.

    “They’re very talented. They’re going to be a tough first opponent,” Kawika said. “It’s going to be an exciting first two matches for us.”

    Stanford needs to come out strong to start off conference play because the MPSF is by far the most competitive conference in the country.

    “Although the level of competition in the MPSF was very high last year, it is shaping up to be even higher this year,” Ellis said. “More importantly than anything else, we will need to play at the highest level possible for every game of every match if we are going to accomplish our ultimate goal.”

    The ultimate goal is always a national championship and with a strong team of experienced players with great chemistry, Stanford has its hopes set on being in the mix.

    The Cardinal takes on the Warriors tonight and Saturday night. Both matches tip off at 7 p.m. at Maples Pavilion.

  • Obama Administration Considers More Public Access To Publicly Funded Research

    It’s hard to comprehend who could be against the idea that federally-funded research (i.e., research funded by your tax dollars) shouldn’t become available to the very public who paid for it. But many publishers pushed back hard when the National Institute of Health (NIH) began enforcing a rule that required the research it funded to be published openly a year after it was published in a journal. Again, this was really incredible. Journals get all of their content for free. They do not pay the authors. The journals often claim the copyright over those works as well — despite the lack of payment. The journals also do not pay the peer reviewers either. The biggest expenses of most publications… not even present in such academic journals. And yet they still charge huge fees for the publication itself. It’s a great scam, and they don’t want it to end. But even the NIH rules still give them a year’s monopoly. Yet, they hated it so much that they even got Rep. John Conyers to try to pass a law ending the requirement — which thankfully went nowhere after lots of people protested.

    The good news is that it looks like the Obama administration is looking to go in the other direction. The EFF points us to the news that the Office of Science and Technology Policy (OSTP) is looking at ways to have this requirement go beyond just NIH and require public access for all federally funded research, including from organizations like the National Science Foundation (NSF). OSTP is asking for comments and input on the idea — and it’s an idea that makes a ton of sense. It seems likely that journal publishers will protest, but hopefully common sense will prevail and federally funded research will become open, accessible and available to everyone.

    Permalink | Comments | Email This Story





  • Contest 07|2009 | SIMMETRIE. La città allo specchio

    Contest Fotografico 07|2009

    SIMMETRIE
    La città allo specchio

    Votazione a scelta multipla, il poll chiuderà entro 10 giorni dalla sua apertura.

    Il vincitore vedrà la sua foto pubblicata nella Hall of Fame, ed avrà il diritto di scegliere l’oggetto del contest successivo.

    Quote:

    Originally Posted by Super Tim
    (Post 31047988)
    Svolgimento
    – ogni forumer potrà scegliere una o più fotografie alle quali assegnare la propria preferenza;
    – il criterio di scelta utilizzato dai forumer è insindacabile; pur tuttavia, essendo un contest fotografico ci si aspetta che vengano valutati l’aspetto artistico, l’attinenza al tema, la tecnica di scatto, la capacità di emozionare; campanilismi e simpatie/antipatie personali non devono essere un discrimine;
    – è vietata la creazione di account multipli per modificare l’esito del voto: in tale evenienza si applicheranno i provvedimenti previsti dal regolamento generale del forum;
    – è dichiarato vincitore il forumer o i forumer che al termine del periodo utile per il voto avranno collezionato il maggior numero di preferenze;
    – è facoltà del vincitore scegliere il tema del contest fotografico successivo.

    I nomi degli autori saranno rivelati alla chiusura delle votazioni.
    I riferimenti alle località che potessero facilmente far risalire all’autore della foto sono stati momentaneamente nascosti, e saranno rivelati ala chiusura delle votazioni.

    Alcune foto sono temporaneamente ospitate sul mio spazio Imageshack, poichè dall’indirizzo URL era facilmente identificabile l’autore o perchè presentavano una signature. Alla chiusura delle votazioni sarà mia premura inserire i link originali e cancellare le foto dal mio spazio Imageshack.

  • UK anxiety over influence in Europe after crisis

    UK anxiety over influence in Europe after crisis

    Quote:


    Michel Barnier’s appointment as markets commissioner has worried many

    By Kabir Chibber
    Business reporter, BBC News

    "The zeitgeist has changed."

    Indeed it has. Before late 2008, the UK’s economy – the second-largest in the European Union (EU) – was the envy of most of its neighbours.

    The financial sector was booming, fuelling a decade of growth. Proud British officials in Brussels would push other countries to open their economies and curb protectionism. Make your economy more like ours, they argued.

    Now, the collapse of the UK economy has been averted with an unprecedented level of taxpayer intervention. Which has in turn fuelled unprecedented levels of government debt. Unemployment is at the highest since 1995.

    Suddenly, the neighbours are not so envious anymore.

    "The crisis has made people question whether there is something wrong with the Anglo-Saxon model," said Charles Grant, director of the Centre for European Reform.

    ‘Rush of blood’

    His pro-European think tank was the co-organiser of a conference in central London on Thursday to discuss the UK’s role in the EU as the financial crisis recedes from memory.

    Many of the delegates seemed jittery.

    In their views, the French and the Germans are in the ascendancy in Europe, while the British influence is fading.

    We have to show more humility, but this underlines the fact that we need to be more engaged
    Roland Rudd, Business for New Europe

    They fear France and Germany are out for revenge, leading to a flood of new Europe-wide regulation aimed at preventing a future crisis that will drive banks out of the City of London and overwhelm UK businesses with red tape.

    Business Secretary Lord Mandelson, one of the keynote speakers, was keen to emphasise that the UK’s voice was still strong in Europe.

    "People do listen to us when we are thinking European," he said, arguing that the UK could fight off more regulation.

    "We need to push back against this – intelligently," he said. "We need to guide that debate… rather than join some unthinking rush of blood to the head."

    Whereas the UK is expected to exit recession only in the last three months of 2009 – after the longest contraction since records began in 1955 – France and Germany both returned to growth in the April-to-June quarter.

    The much stricter regulatory regime and greater role of the state in the economy of both eurozone countries was attributed for this quick recovery.

    "Frankly, I don’t think there’s a great deal we can learn from the French on banks," Lord Mandelson said, though he added that "they have a lot of sense" and much to contribute to the regulatory debate.

    But he quickly followed with: "We do have a lot to learn from the French about long-term investment in the industry," he said.

    "There is a case for the design – but not the implementation – of regulation to be at the level of the single market," Lord Mandelson argued.

    His more contrite comments reflect the new reality: the UK cannot tell its neighbours what is best with its economy in tatters.😆

    It has lost the moral high ground.

    New commissioner

    Much of the worry the UK is feeling comes from the appointment of France’s Michel Barnier as the EU’s internal markets commissioner.


    Peter Mandelson
    Lord Mandelson says the UK’s interests will be protected


    French President Nicolas Sarkozy described the UK as the "losers"
    when it was announced that the make-up of the new European Commission included Mr Barnier, Mr Sarkozy’s former agriculture minister.

    France as been a proponent of heavier regulation of banks since the crisis started in 2008 – pushing for taxes on banker bonuses and global supervision.

    Mr Barnier’s appointment was reported in the British press as an arch-socialist seizing control of the European economy.

    But the new commissioner moved to allay concerns in testimony before the European Parliament on Wednesday.

    "I’m not going to be taking orders from Paris, London or anywhere else," Mr Barnier said, telling UK conservative MEP Syed Kamall that he believed in a "strong City".

    Lord Mandelson also had praise for Mr Barnier, saying there was nothing for the UK to worry about from the man that he dealt with regularly while Lord Mandelson was at the European Commission.

    "Don’t be fooled by the media," he said. "I worked closely with him and he’s going to bring a lot of forward-looking common sense."

    "The next five years – the life and tenure of this commission – are going to be incredibly important."

    Yet Mr Barnier made it clear that things would change.

    "It is in the interests of Europe’s financial sector to be regulated smartly and efficiently," he said.

    More humility

    Whatever happens, it is clear that the conversations between the financial services sector in London and regulators in Brussels will be quite different.

    One panellist – a Financial Times journalist – jokingly noted that in Mr Bernier’s French-language testimony, he used the terms ‘hedge fund’ and ‘private equity’. Apparently, there are no equivalents in his native tongue.

    Many British companies and lobbyists are worried about whether they will have a voice at all in Europe, with so many blaming free market orthodoxy for the woes that most countries are still only just emerging from.

    There is also the issue of the UK elections this year, which might produce a Conservative government that would be much more sceptical towards Europe.

    Godfrey Bloom, the MEP for the UK Independence Party – which wants the UK to leave the EU – was particularly scathing about Mr Barnier’s views during this week’s hearings at the European Parliament, and warned him against introducing excessive regulation.

    So, how will the UK find itself treated in the future?

    "We have to show more humility," according to Roland Rudd, chairman of Business for New Europe, the other pro-Europe think tank to host the conference.

    "But this underlines the fact that we need to be more engaged."


    http://news.bbc.co.uk/2/hi/business/8459301.stm

  • China consumers to overtake U.S. in a decade: Credit Suisse

    Reuters
    Tuesday , January 12th, 2010

    Household income in China surged in the last six years,
    especially for top earners, putting the country on track to eclipse the
    United States as the biggest consumer market in a decade, Credit Suisse
    said in a report on Tuesday.

    The bank’s survey of 2,700 respondents showed a
    big rise in property and car purchases, underscoring why many investors
    are betting big on a rise in China’s consumer sector.

    “The next big theme for China in the new decade is the rise of
    private consumption, in our view,” said Dong Tao, China economist
    with Credit Suisse in Hong Kong. “It is likely to provide a badly
    needed source of spending for the rest of the world, promoting a global
    rebalance of trade, consumption and growth.”

    Based on growth in household income and estimates of economic
    growth, he expects the share of China’s private consumption to
    GDP to reach 23.1 percent in 2020, just surpassing the U.S. ratio at
    22.9 percent. Critics accuse China of contributing to global economic
    imbalances by saving too much. However, the amount that Chinese
    consumers save relative to household income has dropped to 12 percent
    in 2009 from 26 percent in 2004.

    Full article here

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  • Gymnastics faces early test

    The Stanford men’s gymnastics team begins its quest to repeat as the national champion when it takes on Cal. Besides  being a rivalry  meet, Saturday’s contest also features the top two teams in the nation. (Stanford Daily File Photo)

    The Stanford men’s gymnastics team begins its quest to repeat as the national champion when it takes on Cal. Besides being a rivalry meet, Saturday’s contest also features the top two teams in the nation. (Stanford Daily File Photo)

    For the past five years, Cal has hosted the Stanford Cardinal in its gymnastics season opener and if past precedence foreshadows what is to come, Stanford needs a huge performance. In both 2008 and 2009, Stanford came in ranked No. 1 in the nation, yet both years the Cardinal was upset by its rival from across the Bay.

    That said, things are looking up for the Cardinal this time around. Coming off a phenomenal 2009 season that ended with an NCAA Team Championship title, Stanford begins its 2010 season with one of the strongest groups of men in recent team history despite graduating three of its top athletes, according to head coach Thom Glielmi.

    “We are a different team than last year, [but] we definitely have greater scoring potential,” he said.

    Senior Tim Gentry, team co-captain and current U.S. senior national team member, added, “Most of our line-up still consists of experienced underclassmen, so I don’t foresee any major problems.”

    In fact, Gentry is confident that Stanford can finally beat Cal in this competition, the first of three one-on-one challenges between the Cardinal and Golden Bears this year. According to Gentry, it all comes down to each team’s start values. Stanford’s start values, he urges, give them an advantage over Berkeley — and those start values may just be what this particular meet comes down to.

    Gymnastics is a complex sport in which perfect scores are literally limitless. The highest score any gymnast can receive depends on his routine’s start value. If, for example, Glielmi (himself a former gymnast) has a floor exercise routine with a start value of 16.0 and executes each flip and twist perfectly, he will score a 16.0. That’s a perfect score for him, but not necessarily for the entire world of gymnastics. The more wow-factor stunts gymnasts pile into their routines, the higher their start values go. To today’s gymnasts, impressive start values run in the 15.0 to 16.0 range.

    Last Friday, the Stanford men revealed some of their start values in an intrasquad meet — an effort to introduce Stanford’s newcomers to the collegiate arena and to reinvigorate Stanford’s veterans — and demonstrated just how much scoring potential they really have.

    Two events that captured Stanford’s impressive scoring potential were floor exercise and vault. During last week’s intrasquad meet, Gentry, an All-American on the event, nailed his handspring double pike, earning a high 15.1 and continued on to catapult through a double front vault for another high score. While few other team members showcased their talents on these events due to injury, rumor has it that fans can enjoy intricately exciting sets from juniors Alex Buscaglia (another U.S. senior national team member) and Josh Dixon and freshman Eddie Penev.

    And on still rings, another key event for Stanford, junior Ryan Lieberman stuck his full twisting double layout dismount during Friday’s competition, while freshman James Fosco showed off his incredible strength despite a broken toe that prevented him from revealing a stunning aerial conclusion.

    The Golden Bears, on the other hand, may outperform Stanford on parallel bars and pommel horse, their two strongest events.

    Returning with the Golden Bears in their team’s first competitive meet of the season are sophomores Glen Ishino and Jim Kerry, 2009 All-Americans on parallel bars. Ishino is also a 2009 All-American on pommel horse and the 2009 season opener’s pommel horse champion.

    But for Stanford, the focus is less on winning this particular competition and more on improving throughout the season. Freshman Paul Hichwa is simply excited to see how his new team stacks up against another stellar team.

    “I know Cal has a lot of talent,” the high bar specialist said, “so it should be a great way to start off our season.”

    And according to Glielmi, Stanford’s ultimate line-up has yet to be determined and will largely depend on how much the team improves in difficulty and performance in each meet in January.

    Friday’s meet will take place at 7:30 p.m. at Haas Pavilion in Berkeley.

  • Iran says US general’s attack remarks ‘thoughtless’

    AFP
    Tuesday , January 12th, 2010

    Tehran on Monday dismissed as thoughtless comments by a
    top US general that Iran’s atomic sites could be attacked if the
    nuclear issue remains unsolved, the official IRNA news agency reported.

    “His comments are thoughtless and it is better that any
    statement made in this regard take a constructive approach,”
    foreign ministry spokesman Ramin Mehmanparast was quoted as saying.

    General David Petraeus, head of US Central Command (CENTCOM) that
    oversees the Middle East, told CNN on Sunday that Iran’s nuclear
    facilities “certainly can be bombed,” even though they are
    reported to be heavily fortified.

    “The level of effect would vary with who it is that carries it
    out, what ordnance they have, and what capability they can bring to
    bear,” Petraeus added.

    Full article here

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  • Automotive Players Unite: Let’s Save Saab!

    Although General Motors is playing hard to get when it comes to Saab, it seems like the entire automotive world is joining forces against the US-based manufacturer for an unique purpose: save the Swedish unit. Up until now, only two companies were involved in what seems to be one of the longest and most boring sagas of the auto industry: the sale/winding down of Saab.

    Both Spyker and Genii Capital, backed by various investors or not, tried to snatch Saab so far. But even so, General Motors ha… (read more)

  • Massa Hails Great Relationship with Alonso

    Not only Fernando Alonso, but also Felipe Massa insisted in recent days that his relationship with his new teammate is as good as ever. In fact, after only a few days spent together as Ferrari partners, the Brazilian driver admitted he has exchanged more words with the Spaniard than he did with Raikkonen for the past 3 years.

    Things have started extremely well. We’ve already started to speak a lot about the car and what to do to have a competitive car, said Massa, during the Wrooom media even… (read more)

  • A Demonstration that Global Warming Predictions are Based More On Faith than On Science

    Roy W. Spencer, Ph. D.
    Wednesday, January 13, 2009

    I’m always searching for better and simpler ways to explain
    the reason why I believe climate researchers have overestimated the
    sensitivity of our climate system to increasing carbon dioxide
    concentrations in the atmosphere.

    What follows is a somewhat different take than I’ve used in
    the past. In the following cartoon, I’ve illustrated 2 different
    ways to interpret a hypothetical (but realistic) set of satellite
    observations that indicate (1) warming of 1 degree C in global average
    temperature, accompanied by (2) an increase of 1 Watt per sq. meter of
    extra radiant energy lost by the Earth to space.

    A Demonstration that Global Warming Predictions are Based More On Faith than On Science Three cases global forcing feedback

    The ‘consensus’ IPCC view, on the left, would be that
    the 1 deg. C increase in temperature was the cause of the 1 Watt
    increase in the Earth’s cooling rate. If true, that would mean
    that a doubling of atmospheric carbon dioxide by late in this century
    (a 4 Watt decrease in the Earth’s ability to cool) would
    eventually lead to 4 deg. C of global warming. Not good news.

    But those who interpret satellite data in this way are being sloppy.
    For instance, they never bother to investigate exactly WHY the warming
    occurred in the first place. As shown on the right, natural cloud
    variations can do the job quite nicely. To get a net 1 Watt of extra
    loss you can (for instance) have a gain of 2 Watts of forcing from the
    cloud change causing the 1 deg. C of warming, and then a resulting
    feedback response to that warming of an extra 3 Watts.

    The net result still ends up being a loss of 1 extra Watt, but in
    this scenario, a doubling of CO2 would cause little more than 1 deg. C
    of warming since the Earth is so much more efficient at cooling itself
    in response to a temperature increase.

    Of course, you can choose other combinations of forcing and
    feedback, and end up deducing just about any amount of future warming
    you want. Note that the major uncertainty here is what caused the
    warming in the first place. Without knowing that, there is no way to
    know how sensitive the climate system is.

    And that lack of knowledge has a very interesting consequence. If
    there is some forcing you are not aware of, you WILL end up
    overestimating climate sensitivity. In this business, the less you know
    about how the climate system works, the more fragile the climate system
    looks to you. This is why I spend so much time trying to separately
    identify cause (forcing) and effect (feedback) in our satellite
    measurements of natural climate variability.

    As a result of this inherent uncertainty regarding causation,
    climate modelers are free to tune their models to produce just about
    any amount of global warming they want to. It will be difficult to
    prove them wrong, since there is as yet no unambiguous interpretation
    of the satellite data in this regard. They can simply assert that there
    are no natural causes of climate change, and as a result they will
    conclude that our climate system is precariously balanced on a knife
    edge. The two go hand-in-hand.

    Their science thus enters the realm of faith. Of course, there is
    always an element of faith in scientific inquiry. Unfortunately, in the
    arena of climate research the level of faith is unusually high, and I
    get the impression most researchers are not even aware of its existence.

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