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Thursday, 02 June, 2005 |
We recently went through a
reorganization to streamline and consolidate around fewer distinct
(unique) offers and part of that process was to move our base of
operations from Atlanta. We officially open our new North American
operations Las Vegas later this month and over
the next year will open our world headquarters in Panama (South/Central
America), with
field offices in Singapore (Asia), Dubai (Middle East/Africa), and
Zurich (Europe). That
will give us a global presence for news, analysis, and solutions
located in countries practicing sound economic princples.
We want to thank our faithful readers
from the past year for their recommendations which are central to this new business model.
Now for how the news is constructed.
We selected the top countries per continent for personal and
economic freedom, and their top economic news sources. Our
research staff reviews these sources every morning for information
relevent to the ownership and executive leadership of mid-sized
companies.
We link to original sources to ensure
everyone wins, especally the reporter or author, and provide you with
additional news sources to research on your own. This is a free Monday -
Friday service. On Saturdays
we collect all of our daily commentary and attempt to make some sense
of
it, identifying trends as market intellgence for your company. Sundays
are reserved for
editorials and commentary from the best economic, political, and
business minds we can track down. On occasion that will include our
thought leaders as well.
Once again - thanx to our readers and we are excited about the expansion of our news, analysis, and solution business. Enjoy.
ciao - bill
10:13:22 AM 
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I am not going to ruin excellent commentary - read this article!
So what should be done? The place to start is
with economics. For if there is a single source of the malaise, it is
there. Thirty years ago Europe was associated with stunning prosperity.
Now, it is tainted, instead, with high unemployment and weak growth.
Moreover, this is not just a question of atmospherics. The survival of
the monetary union depends on economic success. Political will is not
enough.
9:57:13 AM
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Not the point - China agreed to let
the yuan float as part of a world trade agreement and as is their style
- will only do what is in it's best interest without coercion. The US
trade deficit as currently calculated provides a distorted picture of
actual trade (doesn't include services) therefore a favorite factoid of
nafarious agruments.
A revaluation of China's currency would have
little impact on the US trade deficit, but would help stabilize the mainland's
fast-growing economy and benefit other Asian nations in the long run, the Asian
Development Bank says.
``A closer look at the US trade deficit reveals that the effect of the renminbi
[yuan] revaluation is unlikely to be sufficient for the necessary adjustment of
the US external imbalance,'' ADB economist Cyn-Young Park said in the bank's
latest report.
9:47:34 AM
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Last story and I'll get off of my
sandbox. Robert Mugabe has transformed a powerful agricultural economy and
exporter of food into another North Korea. Sure he will let any NGO
come in and save his ass, and the world press will demean anyone who see's through the ruse.
Zimbabwe needs to import 1,2-million tonnes of food to support its
population, the head of the World Food Programme (WFP) James Morris
said on Wednesday.
"Some three to four million people will need
help in the next year. It will peak this December through January to
March," Morris told reporters at Johannesburg International airport.
He has just completed a tour of countries in the Southern Africa region.
Morris
said President Robert Mugabe made a "strong commitment in support of
non-governmental organisations" to distribute food aid.
9:39:21 AM
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I wrote the previous article prior to
finding this - do I need to say more. When are the people of good faith
and intentions going to realize that those admirable qualities create
terrible outcomes? Any world leader who resists by demanding structural
changes to these countries will be branded uncaring! That taking a
position demanding the aid reach the needy will be excoriated in the
press. Go figure. Sir Bob level your guns at the African leaders who
create and extend the reasons for having massive aid concerts - not the
people writing the checks.
When rock star and campaigner for African development Bob Geldof named
his new aid concert Live 8, everyone knew who the real audience would
be.
And when he timed the five simultaneous concerts for July 2,
just days before the G8 summit to be held at Gleneagles in Scotland,
July 6-8, he removed all doubts that the audience would not be the
millions who would attend or watch the concerts, but eight leaders in a
Scottish retreat.
9:33:23 AM
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Here is the deal (read story on
Equitorial Guinea), giving African 10x the aid won't solve the problem.
Almost without exception these governments are corrupt and run their
countries as fiefdoms disspensing aid as favors. Those governments
trying to help must hang tough for the type of structural changes that
will ensure the aid reaches those in need and not the Swiss bank
accounts of the elite. The last 50 years of aid to Africa has been a
disaster - why would it be different now?
Bush appeared unwilling to budge on economic aid ahead of a G8 summit
where the fate of a multibillion-dollar rescue plan for Africa will be
decided, but the two leaders agreed African nations should take the
lead on Darfur, the Sudanese province where hundreds of thousands have
died in fighting between local rebels and pro-government
forces........The United States has offered aircraft to transport
African Union
peacekeepers to Darfur, and has approached Nato for help as well.
But
Washington has been lukewarm to British Prime Minister Tony Blair's
Commission for Africa, which calls for a doubling of aid with an extra
$25-billion annually until 2010 and then, following a review, an extra
$50-billion per year.
Blair's initiative also proposes 100% debt
relief for poor sub-Saharan countries and cautions donors against
attaching too many strings to their money.
9:24:12 AM
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Worked in this hell hole and it
provides an excellent example of a brutal fascist regime (or
family/tribal run) willing to sell the family jewels and rape the
people for the highest bidder. Free markets means both free and
markets, and that is not possible without a society based on liberty
and justice.
It has got a sad record
of disease, brutality and corruption, and fewer inhabitants than
Sheffield. But Equatorial Guinea is one of the key targets of the
west's new "scramble for Africa". So much so that a gang of British
businessmen, including Sir Mark Thatcher, were accused last year of
financing an armed coup to get their hands on its wealth.
9:08:58 AM
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Competition comes to a government
monopoly - control of the airwaves. The story always has a happy ending
for customers. The Brit's get it while the remainder of the EU
struggles with the concept - just ask the French voters.
Investment bank Morgan
Stanley believes the lack of a viable alternative in the UK has allowed
Sky to spend much less on customer acquisition and retention than its
US peers Echostar and DirecTV........ But with Freeview
emerging as a viable platform for free-to-air channels and the cable
industry finally getting its act together, Morgan Stanley reckons Sky
is about to face serious competition for the first time.
9:02:14 AM
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This could be an US headline. If you
read the story it is apparent the same 'bad choices' face the Panamian
government. After announcing some form of privatization, they have
backed-off because of political pressure and respond with these draconian
(government) alternatives. Is this a harbringer of things to come?
The Torrijos administration has
announced its Seguro Social reforms, which come in the form of an entirely
new organic law for the Social Security Fund. When he addressed the nation
on May 18, President Torrijos talked about general principles and didn’t get
much into the details, and in the next day’s newspapers the government
inserted a 40-page tabloid containing the law’s text. It will take some days
yet for the minutiae of the entire law to be examined.
8:51:52 AM
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What a significant economic-political
news story! 2 very socialistic countries vote sovereignty, what started
as a great economic idea was transformed into a bureacratic nightmare -
the political class couldn't pass up an opportunity to grab more power
and their avarice killed it.
AMSTERDAM, Netherlands (AP) - Dutch voters, worried about social
benefits and immigration, overwhelmingly rejected the European Union
constitution Wednesday in what could be a knockout blow for a charter
meant to create a power rivalling the United States.
8:36:56 AM
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