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Contents contributed and discussions participated by Pedro Gonçalves

Pedro Gonçalves

BBC News - End of empire for Western universities? - 0 views

  • The forecasts for the shape of the "global talent pool" in 2020 show China as rapidly expanding its graduate numbers - set to account for 29% of the world's graduates aged between 25 and 34.
  • The biggest faller is going to be the United States - down to 11% - and for the first time pushed into third place, behind India.
  • The US and the countries of the European Union combined are expected to account for little more than a quarter of young graduates.
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  • Across the industrialised world, graduate numbers are increasing - just not as quickly as China, where they have risen fivefold in a decade.
  • This changing world map will see Brazil having a bigger share of graduates than Germany, Turkey more than Spain, Indonesia three times more than France.
  • The UK is bucking the trend, projected to increase its share from 3% in 2010 to 4% in 2020.
  • "There are more students in China than ever before - but they still use Western mechanisms to publish results, they accept the filters," says Prof Mayer-Schonberger.
  • The maps also reveal how much Africa and South America are losing out in this new scramble for digital power.
  • "Each era has its own distinct geography. In the information age, it's not dependent on roads or waterways, but on bases of knowledge. "This is a new kind of industrial map. Instead of coal and steel it will be about universities and innovation."
Pedro Gonçalves

Top Trends of 2012: The Continuing Rapid Growth of Mobile - 0 views

  • According to StatCounter global statistics, mobile traffic jumped from about 4% of all Web traffic at the end of 2010 to over 10.5% now.
  • According to its public statistics, Facebook had "more than 500 million mobile monthly active users as of April 20, 2012." It also claimed "488 million monthly active users who used Facebook mobile products in March 2012."
  • Facebook's overall monthly active users is 901 million, so that's 55% of Facebook's monthly active user base who access the social network on a mobile device.
Pedro Gonçalves

Gunmen storm Pro-Assad Syrian TV channel | Reuters - 0 views

  • "We live in a real state of war from all angles," Assad told a cabinet he appointed on Tuesday, in a speech broadcast on state television. "When we are in a war, all policies and all sides and all sectors need to be directed at winning this war."
Pedro Gonçalves

Egypt Islamists claim presidency as army tightens grip | Reuters - 0 views

  • The Brotherhood has contested the army's power to dissolve parliament and warned of "dangerous days" ahead. But few expect the Islamists, who were not in the vanguard of the revolt and spent much of the past year in uneasy symbiosis with the army, to launch a violent grab for power any time soon.
  • The failure of the new parliament to agree a consensus body to draft a constitution - liberals accuse the Islamists of packing the panel with religious zealots - has left Egyptians picking their way from revolution to democracy through a legal maze while the generals control the map and change it at will.
  • Under the latest order, writing of the new constitution may pass to a body appointed by the SCAF - if a court rules against the contested panel nominated by the now defunct legislature.Any new constitution would need approval in a referendum, with a new parliamentary election following. By a timetable contained in the decree, it would take another five months or so to complete the planned "transition to democracy".
Pedro Gonçalves

World economies prepare for panic after Greek polls | Reuters - 0 views

  • Officials from the G20 nations, whose leaders are meeting in Mexico next week, said that central banks were ready to take steps to stabilize financial markets - if needed - by providing liquidity and prevent any credit squeeze after Sunday's election. Canada is "ready to act" if the situation takes a serious turn for the worse of there is "an external shock," Andrew MacDougall, a spokesman for Prime Minister Stephen Harper, said on Thursday.
  • Greek banking stocks soared more than 20 percent on Thursday amid market talk that secret opinion polls were showing that a government favourable to the international bailout agreement was likely to emerge after the June 17 election.
  • Central bankers are ready to ensure enough cash is flowing through the financial system if severe market strains emerge after the elections in Greece, which coincide with votes in Egypt and France, G20 officials said."The central banks are preparing for coordinated action to provide liquidity," said a senior G20 aide familiar with discussions among international financial diplomats.
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  • Britain did not wait for the elections to announce action. Bank of England Governor Mervyn King said the country would launch a scheme to provide cheap long-term funding to banks to encourage them to lend to businesses and consumers.
  • King said the euro zone's problems were causing a crisis of confidence in Britain that was leading to a self-reinforcing weaker picture of growth."The black cloud has dampened animal spirits so that businesses and households are battening down the hatches to prepare for the storms ahead," he said.
  • Faced with Greek defiance, officials said the euro zone would not tear up the main targets of the bailout no matter who wins the elections, but it might consider giving a new government in Athens some leeway on how it reaches them.
  • "The headline targets cannot be changed," one senior EU official told Reuters. "There could be some tweaks to the path to get there, but not the goals.
  • One euro-zone official said that the main concern, if SYRIZA overwhelmingly won the election, was the risk of large capital outflows from Greece if depositors worry their savings in euros could later be frozen or converted into new drachmas."It is not even about a bank run on Monday morning after the elections. People can now log on to Internet banking and make transfers on Sunday evening as well," an official said, explaining the rationale of the ministerial call.
  • Visiting Rome, Hollande called for the euro zone to adopt bold new mechanisms to insulate member states and their banks from market turmoil, such as a joint fund to pay down debt, putting him on a collision course with Berlin."We need imagination and creativity to find new financial instruments," Hollande told a news conference. "To deepen financial union, there are many options such as a financial transactions tax and joint debt issuance, including euro bonds, euro bills or a debt redemption fund."
  • However, Merkel rejected "miracle solutions" such as issuing joint euro bonds or creating a Europe-wide deposit guarantee scheme. Such proposals were "counterproductive" and would violate the German constitution, she told parliament.
  • She warned against overstraining the resources of Europe's biggest economy, saying: "Germany is putting this strength and this power to use for the well-being of people, not just in Germany but also t
Pedro Gonçalves

BBC News - Greek exit would be 'catastrophe', says former Greek PM - 0 views

  • Mr Papandreou told the BBC that, given more time, Greece could abide by the terms of the bailouts. "The euro is keeping us stable. Leaving would mean a bank run, higher inflation, deep wage cuts and a fall in GDP of more than 20% - it would be a major catastrophe," he said. But Mr Papandreou said Greece was not the problem. "If it was, you could simply kick out Greece".
  • He said the underlying problem which needed to be addressed was the architecture of the euro. There was a single currency, but "no unified banking system, no common fiscal policy, and different labour laws and pension systems".
Pedro Gonçalves

Hungarians hail Horthy as recession fans nationalism | Reuters - 0 views

  • "If people are poor they are more open to extreme ideas."
Pedro Gonçalves

Whatever euro's fate, Europe's reputation savaged | Reuters - 0 views

  • Whether the euro lives or dies, the chaotic way Europe has tackled the crisis could undermine the region's geopolitical clout for years to come and leave it at a distinct disadvantage in a rapidly changing world.
  • "The Europeans are completely consumed with a battle to save the euro zone," says Ian Bremmer, president of political risk consultancy Eurasia Group. "It's a deep and ongoing crisis bigger than any they've experienced in decades... it's an environment where European leaders could hardly be expected to prioritise anything else."That could leave the continent being increasingly sidelined as emerging powers - not just the BRIC powers of Brazil, Russia, India and China but other states such as Turkey, Indonesia and South Africa - grow in importance.At the very least, it could undermine the ability of the continent's leaders to persuade the rest of the world to take them seriously on a range of issues, from trade to the importance of democracy and human rights."Europe probably isn't going to stop preaching to the rest of the world," says Nikolas Gvosdev, professor of national security studies at the US Naval War College. "But it's much less likely that others are going to be inclined to listen."
  • At the Copenhagen climate summit in 2009, European states suffered the indignity of being outside the room when the final deal was struck between the United States and emerging powers. In the aftermath of the euro zone crisis, it's a position European leaders may simply have to get used to.
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  • for the rest of the world, it's not just the continent itself that is rapidly losing its shine. The whole European political model - generous welfare systems, democratic decision-making, closer regional integration and the idea of a currency union as a stabilising factor - no longer seems nearly as appealing to other, still growing regions.
  • "If the euro dies, it will mark the end of the European experiment in forging closer financial and political integration. But it will also have wider international implications."
  • Chellaney argues the demise of the euro might help secure the primacy of the dollar - and therefore perhaps of the United States itself - for years to come.But others believe a European collapse would be a sign of things to come for the US as well.
  • "The health of the euro or the EU, for that matter, will have a marginal impact on gold and power that is tending any way towards Asia, especially China,"
  • Washington takes the potential threat of Europe's unravelling very seriously. In the short-term, the Obama administration is clearly concerned over the electoral fallout should the crisis in Europe cross the Atlantic before November's presidential election.But in the longer term, whether the euro survives or not US planners are beginning to face up to the fact that the continent will likely be poorer and rather more self-centred than Washington had hoped.
  • While Britain and France took the political lead in Libya last year, US Defence Secretary Robert Gates complained European NATO forces were in fact almost entirely dependent on US munitions, logistics and other backup.
  • But the change in European thinking and the additional defence spending Washington called for now looks all but impossible in this time of austerity.
  • "It's doubtful any future US Defence Secretary is even going to bother to make that kind of pitch," says Gvosdev at the US Naval War College. "We'd hoped Europe could take the lead in some parts of North Africa as well as the Balkans and Eastern Europe. That now looks very unlikely."
  • Washington's military "pivot " towards Asia, he said, had been based in part on the assumption that Europe would remain stable and wealthy and the US now had little or nothing to worry about on its North Atlantic flank. A weakened Europe could make US planners much less confident of that, particularly if China extends its influence.
  • Beijing has upped its investments in Europe in recent years, including major port projects in Greece and Italy.
  • Some waning of Europe's international influence was always likely, experts say, with an ageing population chewing up ever more resources and emerging economies inevitably growing faster. But the current crisis could supercharge its decline. Whether the continent's leaders realise that, however, is another matter.
  • "Europe's main source of influence (should) be the success of its political and economic model in providing high living standards and democratic freedoms," says Jack Goldstone, professor of international affairs at George Mason University near Washington DC "If the current crisis undermines both of those as well, Europe will look like a rather weak, badly run system of ageing and economically stagnant states. Irrelevance awaits."
Pedro Gonçalves

Analysis - Obama's Asia pivot advances, but obstacles await | Reuters - 0 views

  • the polite fiction employed by Washington serves Asia-Pacific countries who seek security assurances from the far-away United States without sacrificing important trade with nearby China and its fast-growing economy."Treading too forcefully on China's interests can and has resulted in economic reprisals against Southeast Asian countries," said Scott Harrison of Pacific Strategies and Assessments, a consultancy in Manila.
  • Beijing responded last month to its South China Sea dispute with Manila by tightening quality controls on Philippine fruit and cutting the number of visits by Chinese citizens to the Philippines.
  • Some regional security experts, however, say the renewed U.S. emphasis on Asia has emboldened China's opponents in the South China Sea dispute, an outcome Washington might not have intended."The U.S. becoming involved has fired up the Philippines and Vietnam to contest things more strongly," said Sam Bateman, a retired senior Australian naval officer and maritime security researcher at Singapore's Nanyang Technological University.
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