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Christoph Zed

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

news.bbc.co.uk/...8274046.stm

usa politics economics g20 brazil china russia EU hegemony globalisation

shared by Christoph Zed on 25 Sep 09 - Cached
  • 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.
  • ...6 more annotations...
  • 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

Chris Anderson on the Economics of 'Free': 'Maybe Media Will Be a Hobby Rather than a J... - 0 views

www.spiegel.de/...0,1518,638172-2,00.html

shared by Christoph Zed on 29 Jul 09 - Cached
  • Yes. It's all about attention. That is the most valuable commodity. If you have attention and reputation, you can figure out how to monetize it. However, money is not the No. 1 factor anymore.
  • maybe the media is going to be a part time job. Maybe media won't be a job at all, but will instead be a hobby
  • The question is can people get the information they want, the way they want it?
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  • The online economy is about the size of the German economy. And it's based on a default price of zero. Most things online are available in a free form. We have never seen an economy this big with a default price of zero. I realized that we needed an economic model to explain how an economy could be based on "free." And we need to understand the psychology of that. We have the psychology of free, we're drawn to it, but we feel cheated by it. If something used to be paid for and then it becomes free, we think the quality is lower. But if something has always been free, and remains free, we don't think that.
Lucy Rechnitzer

BBC NEWS | Programmes | From Our Own Correspondent | Senegal's youths dream of Europe - 0 views

news.bbc.co.uk/...8251029.stm

shared by Lucy Rechnitzer on 13 Sep 09 - Cached
  • We sat on the ground and the message from all these fishermen was along the lines of: "They may be talking about an economic crisis in Europe but if you want a real crisis it's right here in Senegal."
  • A very animated and infuriated Abdoulaye told me that his son left for Spain in a fishing boat five years ago, and was now living a far better life than he was. "I am 45-years-old and I don't have half of what he has now, like a nice house and a car," he said, adding that he would do all he could to send more of his relatives to Europe. None of these young men referred at any stage to the risks of getting to Europe even though hundreds - probably thousands - have died at sea in recent years. Senegal looks to Europe more than most countries I have visited. Not so much to Spain, but to the old colonial power, France, which has maintained strong links.
  • If it were not for the West African street traders, the whole of Europe would be squinting and struggling to keep their trousers up, judging by the number of people I have met who said they made their living selling these goods on the streets.
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  • I used to be able to work in Italy for just one month and earn enough money to spend the rest of the year living it up in Senegal," Vieux told me. He said 10 years ago in Italy people would come knocking on the door offering work but not any more
  • But much of the development is through money sent home from abroad, and economic crisis or not, Europe will still be the target for many young Senegalese looking to swap the horse and cart life for a Renault in the fast lane.
Shalini Raj

China's Communists Mark 60 Years in Power With Beijing Parade - Bloomberg.com - 0 views

www.bloomberg.com/...news

shared by Shalini Raj on 01 Oct 09 - Cached
  • Christoph Zed on 04 Oct 09
     
    The parade, in best old school communist tradition, is quite an interesting national display of power at this time. While it is predominantly aimed at the Chinese public (though not all, as access to the event was strictly controlled and limited) broadcast by national TV throughout the "Reich der Mitte" it is reinforcing the identity of a military super power, solid leadership and military state institutions, it also serves in a sense as a means of justification and proof for successful ideology to the ruling elite. And of course the display is aimed at the rest of the world, showing that China is a power to be reckoned with, not just economically but also in regards to it's military - just in case anyone has had any doubt. But is that a message the west needs to be reminded of? With the cold war over, and globalization making a path for cooperation and convergence of east and west in both in the economic and political arena, maybe the display is aimed at old friends eg. Russia and possible future "problems" (from a chinese point of view) such as Iran or N.Korea, who are working towards a stronger military recognition and/or are in strong competition with the market powers China has been able to built up eg: India, Japan.
xinning ji

Globalization - 0 views

www.globalpolicy.org/globalization.html

shared by xinning ji on 23 Aug 09 - Cached
  • Multinational corporations manufacture products in many countries and sell to consumers around the world. Money, technology and raw materials move ever more swiftly across national borders.
  • The term globalization encompasses a range of social, political, and economic changes. Within the section Defining Globalization, we provide an introduction to the key debates on this issue. The materials look at the main features of globalization, asking what is new, what drives the process, how it changes politics, and how it affects global institutions like the UN.
  • Cases of Globalization explore the various manifestations of interconnectedness in the world, noting how globalization affects real people and places.
    • xinning ji
      xinning ji on 24 Aug 09
       
      the influence of globalization could be either beneficial or harmful. on the one hand, through the Internet, we view the world, travel to the world, and experice the world. on the other hand, however, like the image on the left hand side, the improvement of technology made a gap between rich and poor bigger and bigger. even though developed countries try to help developing countries, such as Africa, the unequal distince between each other is obvious and hard to reach in a fair position because the poor nations are far more behind the rich.
glen donnar

Gerd Nonneman: Delicate relationship where national interests and morality often confli... - 0 views

www.independent.co.uk/...ty-often-conflict-1753013.html

policy intercultural communication east-west

shared by glen donnar on 22 Jul 09 - Cached
  • London's and Riyadh's policies towards each other have been driven primarily by pragmatic considerations of political and economic advantage. Certainly religious and political issues of conviction, matters of pride and intercultural communication have, on occasion, come to the fore – such as King Faisal's decision to impose an oil boycott, the furore in 1980 over the documentary Death Of A Princes
  • s, or the often ill-informed British media commentary about the nature of Saudi politics. On their own, such issues tend not to reorient policy very significantly or for very long. Yet they do have the potential to complicate relations even when neither government wants them to.
Christoph Zed

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

www.spiegel.de/...0,1518,553755,00.html

economics germany export defense military EU Europe globalisation markets

shared by Christoph Zed on 30 Aug 09 - Cached
  • 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.
  • ...5 more annotations...
  • 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

Chris Anderson on the Economics of 'Free': 'Maybe Media Will Be a Hobby Rather than a J... - 0 views

www.spiegel.de/...0,1518,638172,00.html

shared by Christoph Zed on 29 Jul 09 - Cached
  • Sorry, I don't use the word media. I don't use the word news. I don't think that those words mean anything anymore
  • But the problem is not that the traditional way of writing articles isn't valuable anymore. The problem is that this is now in the minority. It used to be a monopoly, it used to be the only way to distribute news
  • Newspapers are not important. It may be that their physical, printed form no longer works.
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  • The Google idea is fantastic. But you can only do so much with text. It's very good for transactions, but it is very poor for brands.
Lucy Rechnitzer

Twitter taken down to silence one man - 0 views

www.theage.com.au/...nce-one-man-20090808-edml.html

shared by Lucy Rechnitzer on 16 Aug 09 - Cached
  • Twitter taken down to silence one man New York August 9, 2009 CYBER attacks on Twitter and other popular web services last week disrupted the lives of millions of internet users, but the real target was one man: a 34-year-old economics professor from the republic of Georgia.
  • The attacks were ''the equivalent of bombing a TV station because you don't like one of the newscasters'', said Mikko Hypponen, chief research officer at internet security company F-Secure.
  • The hackers used a botnet, a network of thousands of infected personal computers, to direct massive amounts of junk traffic to Cyxymu's pages on Twitter, LiveJournal, YouTube and Facebook in an attempt to disable them.The millions that were affected were, in a sense, simply bystanders, experiencing shrapnel from an internet blitzkrieg that took aim at one person and knocked out an entire community.
Christoph Zed

BBC NEWS | Asia-Pacific | Australia-China tie 'challenging' - 0 views

news.bbc.co.uk/...8211025.stm

globalixation china politics economics power-play

shared by Christoph Zed on 20 Aug 09 - Cached
  • Australia is disturbed by China's detention of an Australian executive; China is angry that Australia allowed a Uighur leader, Rebiya Kadeer, to visit.
  • Australia sells huge amounts of natural resources to China and, despite hitches in the relationship, signed a new gas deal this week with PetroChina.
  • "China has significant interests in Australia. China's interests in Australia go to its long-term needs for its resource security," Mr Rudd said.
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  • Chinese media meanwhile, has called Australia "sino-phobic".
fiona hou

Economic recovery could be bad news for Germany - Telegraph Blogs - 0 views

blogs.telegraph.co.uk/...-again-something-is-in-the-air

Germany recession election telegraph

shared by fiona hou on 14 Aug 09 - Cached
  • News that Germany and France have, with a mini-bound, escaped recession must be the most ominous development of the week.
  • For those within this system, Germany had been an extremely comfortable place until the downturn. But the apparent failure of its export-driven social model changed all that. As a result, Germans had begun to campaign for a responsive political system.
  • In all sorts of ways,  Germans had begun to realise that the economy - and thence German society - had reached the end of the post-war path. The worry is that today’s GDP figures will drive them back to the old, familiar way of thinking.
  • fiona hou on 14 Aug 09
     
    News that Germany and France have, with a mini-bound, escaped recession must be the most ominous development of the week. Though it has always proved a mirage in the past, the possibility of change had appeared to be taking hold in Germany.
Christoph Zed

Melbourne's tepid brown river: it's coffee - 0 views

www.theage.com.au/...-its-coffee-20090916-frm0.html

coffee identity australian

shared by Christoph Zed on 17 Sep 09 - Cached
  • coffee, coffee, coffee, coffee, coffee, coffee, coffee. Can't we celebrate something else? Canberra is the political capital and Sydney is the economic capital and Brisbane is the lifestyle capital and Melbourne, we're the capital of brown boiled bean-juice that gives you morning-breath and loosens your stools with colonic laxativity
  • And I'd chosen the coffee machine because, as a resident of this city, I felt it was my municipal duty.
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