Thursday, January 24, 2013

Cameron: I don't want a country called Europe

Britain's Prime Minister David Cameron walks past a map of Europe on a screen as he walks away after making a speech on holding a referendum on staying in the European Union in London, Wednesday, Jan. 23, 2013. Cameron said Wednesday he will offer British citizens a vote on whether to leave the European Union if his party wins the next election, a move which could trigger alarm among fellow member states. He acknowledged that public disillusionment with the EU is "at an all-time high," using a long-awaited speech in central London to say that the terms of Britain's membership in the bloc should be revised and the country's citizens should have a say. (AP Photo/Matt Dunham)

Britain's Prime Minister David Cameron walks past a map of Europe on a screen as he walks away after making a speech on holding a referendum on staying in the European Union in London, Wednesday, Jan. 23, 2013. Cameron said Wednesday he will offer British citizens a vote on whether to leave the European Union if his party wins the next election, a move which could trigger alarm among fellow member states. He acknowledged that public disillusionment with the EU is "at an all-time high," using a long-awaited speech in central London to say that the terms of Britain's membership in the bloc should be revised and the country's citizens should have a say. (AP Photo/Matt Dunham)

British Prime Minister David Cameron addresses a panel session of the 43rd Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland, Thursday, Jan. 24, 2013. (AP Photo/Keystone, Laurent Gillieron)

(AP) ? British Prime Minister David Cameron wants nothing to do with a United States of Europe, an idea that's gaining currency as the countries that use the euro struggle to fix their debt crisis.

A day after he shook up Europe's political landscape by offering citizens the prospect of a vote on whether to stay in the 27-country European Union, Cameron insisted Thursday he wants Britain to remain an integral part of the bloc but that more unification would not be the answer.

"To try and shoehorn countries into a centralized political union would be a great mistake and Britain would not be a part of it," he said in a speech at the World Economic Forum in the Swiss resort of Davos.

Over the past few months, many in the EU, particularly among the 17 countries that use the euro, are on a drive for closer unification, and that's raised particular concerns in Britain, which has often viewed the bloc through a business prism.

"If you mean that Europe has to be a political union, a country called Europe, then I disagree," said Cameron, who insisted he is arguing for a more flexible EU ? not to walk out on it. On Wednesday, Cameron put an end to months of speculation by revealing he intends to hold a referendum on Britain's membership of the EU if he wins the next general election, expected in 2015.

But many politicians in Europe think closer political ties are exactly what is needed to maintain continental unity in the face of a debt crisis that's laid bare fundamental flaws in the euro. The European Union, which last year won the Nobel Peace Prize, effectively started amid the rubble of World War II ? the motivation to avoid future wars.

Some even think Europe's end-game has to be to resemble the United States of America. Countries would be so tied together in their economic and social fabric to make war inconceivable.

A number of European leaders have accused Cameron of putting the bloc at risk to deal with domestic political problems. His Conservative Party has a hardcore element that is highly skeptical of the EU, while an anti-EU party, the UK Independence Party, is gaining ground in the polls most notably at the expense of Cameron's Conservatives.

Italian Premier Mario Monti said Britain should set aside ideology and look at its membership in the EU with "pragmatism, which should be a British attitude of mind."

He argued that Britons, for all their hostility to EU regulations and bureaucracy, benefit so much from the single market that they would be scared to leave ? a ready access to markets and over half a billion people would be a gamble too far.

Most of British business appears to want to stay in the EU but out of the integrationist drive ? the question is whether that can be achieved.

"The vast majority of businesses across the UK want to stay in the single market, but on the basis of a revised relationship ..... that promotes trade and competitiveness," said John Langworth of the British Chambers of Commerce.

He was among 55 British business leaders who issued a public letter to the Times of London on Thursday complaining about demands from Brussels and calling for a "a more competitive, flexible and prosperous European Union that would bring more jobs and growth for all member states."

Growth is certainly something that Europe is craving. The eurozone as a whole is in recession and figures Friday are expected to show the British Economy, the EU's third-largest, half way back to its third recession in four years ? a recession is commonly defined as two successive quarters of negative economic growth.

The leaders of Italy, Ireland, the Netherlands and Denmark ? also in Davos for the gathering of political and business elites ? stressed the importance of Britain's place in the EU.

But Danish Prime Minister Helle Thorning-Schmidt acknowledged Cameron's budget concerns.

"Every morning we need to get up in the morning and ask, are we spending public money in the right way," she said. "If we are doing it at the member state level we should be doing it at the European level as well."

Britain's relations with Europe have been strained since the end of World War II. It did not join the European Steel and Coal Community, the forebear of what would later become the European Union, in 1951.

Britain later realized there were benefits accruing from joining up with some of its wartime friends and foes, and joined the evolving European bloc. It has stood against many efforts to forge closer ties, notably the creation of the euro, but has been at the forefront of the drive to create a single market.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-01-24-Davos%20Forum-Europe/id-2e7533e6c34c4a55831376bc9bbadded

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Entrepreneurs plan D.C. road trip to talk up immigration reform (reuters)

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Adele To Perform 'Skyfall' At Oscars

Singer will make her return to the stage at the February 23 Academy Awards.
By Gil Kaufman


Adele
Photo: Kevin Winter/ Getty Images

Source: http://www.mtv.com/news/articles/1700649/adele-skyfall-oscars.jhtml

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GOP hit Dems with ?179 trips to the moon? since Senate passed a budget

(Speaker's office)

You could have built three Pentagons, climbed Mount Everest 292 times and constructed all 1, 179 miles of that Keystone Pipeline in the time since the Democrat-controlled Senate has passed a budget, House Republicans are set to argue Tuesday, Yahoo News has learned.

Republican House Speaker John Boehner's office is planning to release an infographic (pictured above) Tuesday to kick off a communications push designed to place Democrats on the defensive over the Senate's failure in nearly four years to pass a traditional budget rather than the stopgap measures that have been passed to delay government shutdown.

House Republicans last week offered to raise the debt limit in the short-term if Senate Democrats pass a budget. Following news of the proposal, the White House reiterated their insistence on a "clean" budget bill, but hailed the offer as a step towards further negotiations.

Source: http://news.yahoo.com/blogs/ticket/republicans-hit-democrats-179-trips-moon-since-democrats-131743717--politics.html

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Wednesday, January 23, 2013

New economy: goodbye, China and hello , Africa?: Voice of Russia

A tough authoritarian system plus a huge resource of cheap work force ? these two served as a basis for the ?Chinese miracle?. However, all resources are finite. At the Gaidar Forum -2013 that is over in Moscow now Professor Jack Goldstone from George Mason University (GMU), Washington, said that since mankind is growing old in a few years the Chinese work force will become insufficient. This means that both the economic and social models that have been in existence in the past 30 years will be under threat. The American professor believes that production sites should gradually move from Asia to Africa. The latter is a poor continent but more than one billion people live there, and an increase in population is higher in Africa than in any other part of the world. Therefore, Africa may become a new source of cheap work force for global industry.

Both economists and Oriental studies experts agree that China?s main resource may run short soon. Deputy Director of the Institute of Far Eastern Studies of the Russian Academy of Sciences Andrei Ostrovsky says.

"Really, the work force in China is rising in price, and in 10 years the situation in China in this field will be comparable with that in Taiwan, Hong Kong, Korea, and Japan. Wage levels will grow considerably with every passing year. This is mainly caused by the fact that beginning from 2016 the share of economically active population in China?s total population will start decreasing ? that is why the cost of work force as well as that of refresher training will grow."

Meanwhile, experts have doubts that Africa may turn into a new source of cheap work force. Africa can?t compete with China because there are no such conditions there that earlier helped China to achieve an economic breakthrough, Deputy Director of the Institute of Economics of the Russian Academy of Sciences Ruslan Grinberg says, adding that a relevant infrastructure is non-existent in Africa either.

The USA and China are investing in natural resources in Africa because this is necessary for the development of their own productions there.

However, it is not Africa that matters here. Many economists say that low-paid labour was one of the reasons for the world economic crisis. Director of the Institute of National Strategy Mikhail Remizov is sure that businessmen are unwilling to modernize the manufacturing base in the regions where there is cheap labour.

"Cheap labour hampers the boost of technologies and strengthens social inequality. Despite that Ruslan Grinberg hopes that the 21st century economy will turn into the economy of machinery and intellect."

"A tendency towards ?robotization?, or automation by the application of advanced scientific technology, is visible in modern technology. Intellectual resources, not cheap work force, are gradually turning into a powerful means of competitive struggle today."

Productions where there will be need for physical labour will always exist.

Source: http://english.ruvr.ru/2013_01_22/New-economy-goodbye-China-and-hello-Africa/

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President Obama's Second Term: Is the Economy ... - Yahoo! Finance

In his inauguration address Monday, President Barack Obama laid out his vision for the nation over the next four years, emphasizing his commitment to tackle climate change and immigration; defend entitlement programs and fight for gay equality and same-sex marriage. Obama alluded to gun control legislation and his foreign policy agenda when he referenced the Newtown, Conn., school shooting and said ?enduring security and lasting peace do not require perpetual war? but the president largely stayed away from both topics during the 18-minute speech.

But the issues that defined the presidential election - Wall Street regulation, the budget deficit and jobs ? received brief mentions, a signal to policymakers that the administration may perceive other issues as more pressing and urgent.

The president?s decision to underscore his social policy agenda over fiscal matters was a deliberate move, according to Jim Rickards, author of ?Currency Wars? and senior managing director at Tangent Capital Partners, an investment bank based in New York City.

Obama ?does not want to wrestle? with tax reform, fiscal policy, and budget cutting in his second-term, Rickards says in an interview with The Daily Ticker. Instead, Obama wants to expand entitlement programs, not cut them, meaning four more years of trillion dollar deficits, he argues.

?There will be no grand bargain? on the budget, Rickards says. ?There will be mini fixes just to keep the whole thing from falling apart?Obama will leave it to the next president? to find solutions to these problems.

The economy has shown signs of improvement over the past 18 months, led by a rebound in the housing and labor markets. The national unemployment rate stands at 7.8% -- still high by historical standards but down from its peak of 10% in 2009. Employers added 155,000 workers to their payrolls in December 2012.

Even as economy appears to be moving forward, fiscal policy remains accommodative. The Federal Reserve has pledged to keep short-term interest rates near zero until the jobless rate falls to 6.5% -- which may not happen until 2015. Economists project U.S. economic growth to average a modest 2.5% to 3% this year.

Rickards believes the U.S. economy entered a depression in 2007 and could actually be experiencing another recession in the current economic cycle ? the same situation that President Franklin D. Roosevelt faced when he started his second of four presidential terms in 1937. Today's depression could last ?indefinitely? Rickards says, but it all depends on the economic measures pursued by the White House.

Whether or not the economy will top President Obama?s second-term to-do list will be determined when the president addresses Congress on Feb. 12.

Got a topic you?d like covered? Have a guest you?d like to see interviewed? Send us an email: thedailyticker@yahoo.com.

You can also look us up on Twitter and Facebook.

Source: http://finance.yahoo.com/blogs/daily-ticker/president-obama-second-term-economy-still-important-153539954.html

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Tuesday, January 22, 2013

Would you want an iPad 5 that looks and feels just like an iPad mini?

It's not rocket science. Apple's continuously working on next-generation iPad prototypes. Given the realities of time, technology, and economics, they're seeing how far they can go and how quickly. Some are more conservative, bringing faster, more efficient processors, better radios, and other components to existing chassises. Others are more radical, bringing new technologies, materials, and designs to market. Some are quiet ticks that need to be used to be appreciated. Others a noisy tocks that need only be seen to be believed. The iPad 4 was very conservative. The slightest tick. A new Apple A6X processor, a new, more internationally-friendly LTE radio and more robust Wi-Fi, new cameras, and the new Lightning connector. It built on the Retina display of the iPad 3, and continued once again the same chassis as the iPad 2, the last big design tock.

But now Apple has a new design language for their mobile devices, and a new way of manufacturing them that borders on machinist porn. It's what let them make the iPhone 5, and it's what let them make the exquisite, and very similar looking iPad mini, iPod touch 5, and iPod nano. It's what made for unified, ultra-thin, ultra-light, ultra-high precision, anodized aluminum unibodies with tighter curves, smaller bezels, and pixels so close to the surface it's like you're really touching them. It's what made the just-released iPad 4 look and feel old and dated by comparison.

It's not rocket science to think the iPad 5 might bring Apple's larger tablet into that new design language and manufacturing process.

There are challenges that need to be overcome, however. A 2048x1536 Retina display requires a lot of light and a lot of power. That's why the iPad 4 is so thick and heavy compared to the non-Retina iPad mini. For that device, Apple sacrificed pixel density for lightness and battery life. With the iPad 5, there's no pixel density to sacrifice. The screen is set. There's only better LED and panel technology, more efficient chipsets, and better battery chemistry to overcome it.

If Apple can get all of that in place, if they can produce an iPad 5 with Retina display, 10-hours of battery life, and make it anywhere close to as light and thin for its 9.7-inch size as the iPad mini is at 7.9, then it's hard to believe they wouldn't do it, and unify the design language and manufacturing processes of their mobile devices.

So the question becomes, if that happens, if Apple could make the iPad 5 look and feel like an iPad mini, would you want them to? Would that be your next iPad?



Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/gkj3ge0_Cw8/story01.htm

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