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Christoph Zed

BBC NEWS | Business | Emerging economies 'get new role' - 0 views

  • The G20 group of leading and emerging economies will take on a new role as a permanent body co-ordinating the world economy
  • more power to emerging economies, rather than to the developed powerhouses of the G8 group.
  • Senior EU officials later announced a deal to shift the balance of voting in the International Monetary Fund to benefit growing economies like China.
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  • police fired rubber bullets at protesters
  • The G20 is going to be the new body counsel that will be the coordinating body for international economic cooperation
  • financial regulatory reform was the most important agenda item for summit, but that addressing global economic imbalances was also a priority
  • US proposal calls on economies such as China, Brazil and India to boost domestic consumption
  • US and Europe would encourage more saving
  • That's not a sustainable financial situation for the US and that's why we're in the process of adjusting
Christoph Zed

War Profiteers?: Study Reveals Germany Is World's Third Largest Defense Exporter - SPIE... - 0 views

  • Germany Is World's Third Largest Defense Exporter
  • Once one of the world's most aggressive powers, Germany today likes to project a pacifist image
  • a report released yesterday by the Bonn International Center for Conversion (BICC), a German think tank, reveals a different side of Germany's relationship to war.
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  • Germany, it turns out, exports nearly a billion euros worth of military goods each year ($1.55 billion) to developing countries.
  • That makes Germany the European Union's biggest military goods exporter, and worldwide it's behind only the US and Russia,
  • The BICC's annual report, guest-authored by former UN Chief Weapons Inspector Hans Blix, focused on the rise of military spending all over the world, a development that the end of the Cold War was supposed to reverse. Instead, global spending on weapons and armies rose by 15 percent between 2001 and 2006. Today it tops €650 billion ($1.1 trillion). A third of that is spent by the US.
  • "We see a revival of Cold War politics without the Cold War -- a Cold Peace, if you will."
  • "Apart from America there are a number of fast-growing countries -- like China, India, Indonesia and Pakistan, not to mention Russia -- where the global trend towards militarization is showing itself most clearly,"
Christoph Zed

BBC NEWS | Technology | Europe's net refuseniks revealed - 0 views

  • more than one in four Europeans had never used a PC
  • People above the age of 65 and the unemployed were the least active online
  • Nearly 70% of people under the age of 24 use the internet every day, compared to the EU average of 43%. But this same group is reluctant to pay to download or use online content, such as music or video, with 33% saying that they would not pay anything at all.
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  • make access to digital content an easy and fair game
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    I wonder how the east-west divide impacts this, keeping the expansion to eastern European countries in the last few years in mind.
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