Skip to main content

Home/ Memedia/ Group items tagged reading

Rss Feed Group items tagged

leo bnu

FEMA Library - Earthquake Safety Checklist - 0 views

  • This quick reference guide helps individuals and families prepare for an earthquake and prevent earthquake-related damage to their homes. The easy-to-read brochure features instructions on conducting earthquake drills and “hazard hunts.” Also included are a checklist of disaster supplies, tips on what to do during and after an earthquake, and additional resources. (Available in multiple languages)
shi zhao

『摄影节日』全球针孔摄影日:4月27日 - Leica中文站 - ...Leica中文摄影杂志...Making Photography Differen... - 0 views

shared by shi zhao on 15 Apr 08 - Cached
  • 2008年的全球针孔摄影日(Worldwide Pinhole Photography Day)将定在4月的最后一个周日——4月27日,全球所有针孔摄影爱好者将被邀请在这一天的24小时内,用手中的针孔相机拍一张照片,并提交到针孔摄影日网站(www.pinholeday.org)。
evawoo

RGE - Adapting to the state's growing role in global equity markets - 0 views

  • Central bank purchases of traditional reserve assets still dwarf sovereign wealth fund purchases of riskier assets -- as well as central bank purchases of equities. But over time, it is reasonable to expect that many over-reserved sovereigns will diversify their portfolios. The recent decision to increase the share of the CIC's initial $205-210 billion in capital that it can invest abroad and SAFE's increased willingness to purchase equities as well as bonds are examples.
  • A far more challenging issue is how the huge increase in financial assets managed by potentially non-economic agents will affect the efficiency of the global capital market and the allocation of risk and resources. ….
  • And then there is China. China enormous foreign asset growth in the first quarter implies that it might be able to add more to its reserves and sovereign fund in 2008 than all the oil-exporters combined even if oil stays at its current levels.
  • ...6 more annotations...
  • China consequently has an enormous latent capacity to alter the composition of global capital flows by changing the composition of its portfolio:
  • The offsetting risk is that state owners of assets will in some sense abuse their ownership rights, and use their rights to promote “state” objectives.
  • Qatar’s advertising in Forbes says as much: the QIA's evaluation criteria include “added value to the State of Qatar" such as "economic synergies or benefits for Qatar and its people."  Mubadala has made a string of investments (Ferrari, the “National”) designed to elevate the profile of Abu Dhabi.
  • China’s fund, like Singapore’s fund, reports directly to the top levels of China’s state. It has yet to build up enough of a track record to show how it will be used. However, China’s management of its state stakes in domestic industries suggests the need for some caution. One example: Three of China's four large state commercial banks have been listed, but they still aren’t managed in a fully commercial manner.
  • The Peterson Institute’s Ted Truman recently updated his “sovereign wealth fund scorecard.” His impressive and detailed work is worth reading carefully. Truman’s latest scorecard illustrates how the practices of many large existing sovereign funds – particularly those originating in non-democratic countries – differ from the practices of US state pension funds as well as Norway's government fund.
  • Kjaer’s framing implicitly raises a third issue, one that I don’t think has gotten enough attention. The surge in sovereign investment in safe government bonds that accompanied the surge in global reserve growth likely contributed to a “bond market bubble” – one that pushed down the real yields on government bonds in both the US. That contributed to a host of additional market distortions, as private investors scrambled to find higher returns.
  •  
    中国外储投资对于世界资本市场的终极影响
evawoo

Chinese Students in U.S. Fight View of Their Home - New York Times - 0 views

  • No matter what China does, these students say, it cannot win in the arena of world opinion. “When we have a billion people, you said we were destroying the planet./ When we tried limiting our numbers, you said it is human rights abuse,” reads a poem posted on the Internet by “a silent, silent Chinese” and cited by some students as an accurate expression of their feelings. “When we were poor, you thought we were dogs./ When we loan you cash, you blame us for your debts./ When we build our industries, you called us polluters./ When we sell you goods, you blame us for global warming.”
  •  
    相当balanced的文章 除了某一段以外
‹ Previous 21 - 26 of 26
Showing 20 items per page