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European Salon de News, Discussion et Klatsch - 1 February

by ceebs Tue Jan 31st, 2012 at 12:02:20 PM EST

 A Daily Review Of International Online Media 


Europeans on this date in history:

1690 - birth of Francesco Maria Veracini, composer and violinist (d. 1768)

More here and here

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Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 12:08:41 PM EST
BBC News - Former RBS boss Fred Goodwin stripped of knighthood

Former Royal Bank of Scotland boss Fred Goodwin has had his knighthood removed.

Mr Goodwin, who was heavily criticised over his role in the bank's near-collapse in 2008, was given the honour by the Labour government in 2004.

The Queen cancelled and annulled the title following Whitehall advice.

In the past, only convicted criminals or people struck off of professional bodies have had knighthoods taken away. But the government said Mr Goodwin was an "exceptional case".



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 12:42:21 PM EST
[ Parent ]
Is there a fancy ceremony for losing your knighthood?
by gk (g k quattro due due sette "at" gmail.com) on Tue Jan 31st, 2012 at 04:29:33 PM EST
[ Parent ]
Well theres an oficial committee that does these things, that is no doubt well paid, but as far as anyone can tell this is about the first work its done in 25 years.

nice work if you can get it.

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 08:27:10 PM EST
[ Parent ]
This only makes sense if they strip all the other City parasites, and preferably their political enablers, of honours, baubles and other confected trifles of faux nobility.

Preferably ending with them placed into stocks for a day and a night with a healthy stock of rotting vegetables in decent throwing range.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Wed Feb 1st, 2012 at 02:47:24 AM EST
[ Parent ]
BBC News - Fresh defeat for government over welfare changes

The government has suffered a seventh defeat in the House of Lords over proposed changes to the welfare system.

Peers rejected plans to cut some of the benefits given to children on the lower rate of Disability Living Allowance.

Ministers had wanted to reduce the amount of money paid to disabled children who do not need care at night - such as the profoundly deaf or those with Down Syndrome.

But peers voted down the proposals by 16 votes.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 12:48:59 PM EST
[ Parent ]
BBC News - Costa Concordia wreck: Search of cruise ship abandoned

Italian divers have abandoned their search for bodies inside the wrecked cruise ship Costa Concordia after conditions underwater deteriorated.

"We have definitively stopped the underwater search inside the ship," a spokesman for the fire brigade on the island of Giglio said.

Fifteen people are still missing after the ship ran aground off Italy on 13 January with the loss of 17 lives.

Work to recover the capsized vessel may take up to 10 months.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 12:52:29 PM EST
[ Parent ]
BBC News - Cold weather kills dozens in eastern Europe

At least 60 people have died due to freezing conditions caused by a cold snap in eastern and central Europe.

The drop in temperatures, forcing some countries to deploy the army and set up emergency shelters, is set to continue to Friday, forecasters say.

At least 30 people - mostly homeless - have died in Ukraine. Deaths have also been reported in Poland, Romania, Bulgaria, among others.

Temperatures plunged to -20C (-4F) on Monday.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 12:53:07 PM EST
[ Parent ]
Cameron sold UK down the river at Brussels summit, says Miliband | Politics | The Guardian

David Cameron is to face Labour claims in the Commons that he sold the country down the river at the EU summit by failing to protect vital national interests.

He will also face Tory backbench concern that he abandoned a vow to block the rest of the EU using European institutions such as the European court of justice to enforce its new fiscal pact. The pincer movement could be uncomfortable for the prime minister, who is due to make a statement about Monday's EU summit to the house on Tuesday afternoon, as his diplomatic tactics come under scrutiny.

The issue was also discussed at Tuesday morning's Cabinet meeting. The prime minister's official spokesman said there was "agreement round the Cabinet table" when Cameron reported back on the outcome of the summit.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:36:01 PM EST
[ Parent ]
So labour is attacking Cameron from the right?
by IM on Wed Feb 1st, 2012 at 05:57:14 AM EST
[ Parent ]
Seems like it. I guess that's "The Third Way..."

Don't think it will do them any good.

by Metatone (metatone [a|t] gmail (dot) com) on Wed Feb 1st, 2012 at 06:07:34 AM EST
[ Parent ]
Are we surprised?
Accusing Cameron of publicity-seeking opportunism, Miliband said the prime minister had failed to protect the interests of the City of London.

He said Cameron "went into those talks saying his real worry was about financial services and how that would be affected if other countries went ahead".

"He's secured no extra protections for financial services. The one claim he made was: 'Well, look, OK, I may not have secured any extra protections, but at least it's not a fully fledged European treaty, using those European institutions, with the weight of the commission, the court of justice, behind it ... everything I'm reading and hearing suggests that that turns out not to be the case."

How long has it taken Ed Milliband to become serious in his quest to become electable?

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Migeru (migeru at eurotrib dot com) on Wed Feb 1st, 2012 at 06:28:30 AM EST
[ Parent ]
Independent - Mark Steel - Still relaxed about the filthy rich?

I'm not sure I've read it right, but is the Labour Party AGAINST bankers getting million-pound bonuses now? Maybe we all misunderstood their policy for 15 years. When Peter Mandelson said he was "intensely relaxed about people becoming filthy rich", he didn't mean it was all right for bankers like Stephen Hester to be offered a bonus of £963,000. He must have drawn the line at £962,000. That would be filthy rich, which is fine and relaxing, but £963,000 is taking the piss.
[....]
Because how could the party have known bankers would interpret New Labour's calls to enrich themselves in a deregulated frenzy by enriching themselves in a deregulated frenzy? And how could New Labour know bankers were taking billions out of the economy every year? They didn't have time to read the papers, they were running the country.

But the Labour Party is getting there bit by bit. It's discovered Murdoch's no good, worked out bankers' bonuses aren't fair, next week it'll say, "Good Lord, have you seen what happened? Some idiot invaded Iraq."



keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Wed Feb 1st, 2012 at 09:10:35 AM EST
[ Parent ]
This is like the pro-Gingrich campaigners  shown on Colbert with signs reading "Five homes are one too many".
by gk (g k quattro due due sette "at" gmail.com) on Wed Feb 1st, 2012 at 09:19:50 AM EST
[ Parent ]
EU leaders speed up ESM launch, endorse fiscal pact | Europe | Deutsche Welle | 31.01.2012

Twenty-five of the European Union's 27 member states agreed to a fiscal unification pact that would cede much control of national budgets over to Brussels, after an afternoon summit in the de facto EU capital.

The United Kingdom had already declined to take part in the so-called "fiscal compact," which, among other things, would require countries to introduce balanced budget rules into their laws or constitutions. The Czech Republic also said it would not sign the agreement.

The leaders also approved the early introduction of the 500-billion-euro ($656 billion) European Stability Mechanism (ESM). The fund is now set for activation on July 1, one year before its original planned debut. It is to run parallel to its temporary predecessor, the European Financial Stability Facility (EFSF) for one year.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 02:14:19 PM EST
[ Parent ]
Eurointelligence Daily Briefing: Merkel wants private investors in Greece to take a 75% hit
The troika is pushing the private sector to take bigger losses than so far agreed; ECB is coming under pressure to forgo payments on its Greek bonds; another proposal is to reduce EFSF interest rates further; Reuters reports that the negotiations have progressed with a deal possible today; however, uncertainty about the ECB's role persists; another report suggests that investors might be offered a sweetener in the form of a GDP warrant; Greek finance minister Evangelos Venizelos is now the favourite to succeed George Papandreou as Pasok leader; the IMF says that a cut in the 13th and 14th salaries in Greece might be avoided if the country agreed to lower the minimum wage, and close down state-backed entities; Angela Merkel goes on a roadshow to China to peddle her fiscal pact; French consumption of manufactured goods, energy and food registers the biggest fall since 1997; Sharon Bowles criticises gender imbalances in the ECB's executive board; Spanish inflation drops to 2% - the first ever significant undershoot of the eurozone average; Italian unemployment rises to a new record in December; while unemployment hits new records in parts of the eurozone periphery, large parts of the core are at, or close to, full employment; ECB intervenes to support Portuguese bond yields, but spreads rose back again overnight; Lorenzo Bini-Smaghi criticises the new monetary policy framework of the Federal Reserve; Martin Wolf, meanwhile, says the fiscal pact is based on a misunderstanding of the nature of the eurozone's crisis, and a failure to understand the inter-dependence of policy decisions.


tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Migeru (migeru at eurotrib dot com) on Wed Feb 1st, 2012 at 04:06:29 AM EST
[ Parent ]
What's a GDP warrant? Why won't the ECB take a hit?

How sweet that the IMF is pitting (divide and conquer) the 13th and 14th wage tiers against the those at minimum.

How interesting that demand is falling so sharply in France, would that have anything to do with austerity? and congrats to the austerity pony team, for stopping hyperinflation in Spain in its tracks.

This is all such a nightmare to watch. we've been getting these notices daily since for how long? when is there going to be a credible opposition? and what has to happen to get there?

(fuck CH, try to stay focused on work.)

"Life shrinks or expands in proportion to one's courage." - AnaÔs Nin

by Crazy Horse on Wed Feb 1st, 2012 at 04:20:21 AM EST
[ Parent ]
I presume a GDP warrant means "if Greek GDP recovers, we pay you back". Indeed:
To sweeten the PSI+ deal, private investors might get a so-called gross domestic product warrant -- which would pay bondholders more if the Greek economy rebounds - and would trim the loss in net present value terms by an estimated 0.5 to 3 percentage points, Bloomberg reports. Creditors lowered their demands for an average coupon on the new 30-year securities to as little as 3.6%, which would lead to an estimated loss of 70 % or more for investors.
The ECB doesn't want to take a hit because the ECB board is not aware that they are solvent by fiat in Euros.
Further lines of thought are a reduction of the interest rates on the EFSF credits so that they merely pay their cost and the ECB's readiness for forego gains from Greek bonds it owns.


tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Migeru (migeru at eurotrib dot com) on Wed Feb 1st, 2012 at 04:25:08 AM EST
[ Parent ]
congrats to the austerity pony team, for stopping hyperinflation in Spain in its tracks
Spanish inflation falls below eurozone average

One of the most important measures of rebalancing inside the eurozone economy is the member states' relative inflation rates. For twelve years, Spanish inflation has exceeded the eurozone average. In December, the rate fell to 2%, below the eurozone average of 2.7%, El Pais reports this morning. (What we find is astonishing is the extraordinary degree of price stickiness in Spain. Here is the country in the middle of a recession, and still producing an inflation rate of 2%, only barely below the average. Rebalancing will require two or three decade at that speed.)



tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Migeru (migeru at eurotrib dot com) on Wed Feb 1st, 2012 at 04:26:23 AM EST
[ Parent ]
Gracias.

"Life shrinks or expands in proportion to one's courage." - AnaÔs Nin
by Crazy Horse on Wed Feb 1st, 2012 at 04:46:57 AM EST
[ Parent ]
Rebalancing will require two or three decade at that speed.

Is "rebalancing" a word that we want to add to our evil euphemism list?

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman

by dvx (dvx.clt št gmail dotcom) on Wed Feb 1st, 2012 at 05:33:31 AM EST
[ Parent ]
Is the surprise another symptom of believing the Eurozone is a small open economy?

I don't know of many examples where inflation in a region is significantly below that of the country the region belongs to...

After all, regionally, many prices don't change. Housing costs go down, but food prices don't - people just have to move to cheaper food - but the measurement basket isn't affected by that. Likewise, energy etc.

by Metatone (metatone [a|t] gmail (dot) com) on Wed Feb 1st, 2012 at 06:13:50 AM EST
[ Parent ]
I don't know of many examples where inflation in a region is significantly below that of the country the region belongs to...

So a country's inflation is not an average of the inflations of the component regions?

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker

by Migeru (migeru at eurotrib dot com) on Wed Feb 1st, 2012 at 06:28:00 AM EST
[ Parent ]
I said "significantly" which is shorthand and unclear.

What I mean is that in most examples, the variance of inflation between regions is low.

The adjustments envisaged for the Eurozone require a high variance - and that seems unlikely to me.

by Metatone (metatone [a|t] gmail (dot) com) on Wed Feb 1st, 2012 at 07:00:54 AM EST
[ Parent ]
I can't bear to quote from this. An editorial from the Irish "paper of record" about the treaty. It tells you all you need to know about what the serious people think about it though.
by Colman (colman at eurotrib.com) on Wed Feb 1st, 2012 at 04:29:20 AM EST
[ Parent ]
Ok, I'll quote:
THERE HAS been for many years a treaty obligation on member states to "regard their economic policies as a matter of common concern". The opening lines of the "Treaty on Stability, Co-ordination and Governance in the Economic and Monetary Union", agreed in Brussels on Monday, do no more than remind us of that obligation to share or pool our economic sovereignty. The treaty strengthens the administrative and legal means by which it is to be honoured - in the past, unfortunately, often more in the breach.
Presseurop: The Don Quixotes of Brussels (Xavier Vidal-Folch, El Pais)
Let's suppose the doubters are wrong and that the Treaty, with its pompous title "for Stability, Coordination and Governance in the Economic and Monetary Union", is worth something. Well, the text develops only the idea of "stability", of budgetary discipline. The rest of the title is not mentioned in the actual text.

It has to be repeated ad nauseam that only Article 9 (of the 16) mandates "promoting economic growth." And it requires that the signatories "take the actions and measures necessary" for that growth. But it specifies none. There is nothing that is actually obligatory. There are no fines for those who don't take those actions and measures for growth. There are no threats to haul off to the Court of Luxembourg those who fall by the wayside.

And yet, in contrast to all that, the Treaty sets out very precisely the sanctions to be meted out to all who fail to follow the provisions for cutting deficits. In this asymmetry lies the joke: the package is being sold as a tool to drive the two poles of economic policy, yet only develops one.



tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Migeru (migeru at eurotrib dot com) on Wed Feb 1st, 2012 at 05:38:39 AM EST
[ Parent ]
Presseurop: Ireland begins bitter referendum debate on the fiscal treaty
Conceding that the decision to hold a vote could well go to the Irish Supreme Court, the official argued that a referendum has "nothing to do with democracy." The Irish Times notes that -
While it is not absolutely clear which parts of the treaty were written to suit the Government, Irish officials are known to have sought scope to adopt strict new limits to debt and deficits in legislation rather than through the Constitution.
Nevertheless, Irish opposition parties including Fianna Fáil and Sinn Féin are lining up mount a legal challenge to force a vote, writes the Irish Examiner, in a context of increasingly bitter debates in parliament.


tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Migeru (migeru at eurotrib dot com) on Wed Feb 1st, 2012 at 08:19:01 AM EST
[ Parent ]
Martin Wolf on the eurozone crisis

In his FT column, Martin Wolf makes the point that the fiscal compact "lacks the necessary understanding of the dependence of output in one member country on demand in others, of the role of payments imbalances and of the fact that competitiveness is always relative." He also said that a combination of simultaneous deleveraging in both the private and the public sector requires a structural current account surplus for the eurozone as a whole. (European economic policy has a tendency to fail to recognise the interdependence of policy decisions. The reason why this approach worked in the past was the externalities of these policies were absorbed by the global economy. That is not the case now.)



tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Migeru (migeru at eurotrib dot com) on Wed Feb 1st, 2012 at 04:43:13 AM EST
[ Parent ]
Martin Wolf says it's just a misunderstanding, and yet there is full employment at the core.
by Upstate NY on Wed Feb 1st, 2012 at 08:59:48 AM EST
[ Parent ]
Social Europe Journal: Europe's deepening labour market crisis an indictment of mistaken policy
Recall that unemployment topped out in the second quarter of 2010. It then declined, albeit very slowly, for almost a year. Since the spring of 2011 unemployment has been rising again. Since then more than one million people have been added to the EU27 unemployment line, from its already eleveated level.

And what happened in early 2011? Yes, the ECB started raising interest rates and the Commission-mandated austerity measures took hold across the whole of Europe.

J'accuse! As the links above show, all this was foreseeable and foreseen. More than a million sacrifices to the pride and prejudices of Europe's leaders!



tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Migeru (migeru at eurotrib dot com) on Wed Feb 1st, 2012 at 06:47:35 AM EST
[ Parent ]
Google Maps condamné en France pour abus de position dominante- EcransGoogle Maps condemned in France for abuse of market dominance
Le tribunal de commerce de Paris a condamné Google et sa filiale française pour abus de position dominante dans l'affaire l'opposant à l'entreprise Bottin Cartographes. Celle-ci estimait que le service Google Maps faussait la concurrence en offrant gratuitement aux entreprises le même service qu'elle-même : « Google ruine le marché, ils offrent quelque chose qui leur coûte. » Bottin fournit ses plans d'accès, cartes de localisation et itinéraires en ligne contre rémunération.The Commercial Court of Paris ordered Google and its French subsidiary for abuse of dominant position in the case against the company Bottin Cartographers. It estimated that the Google Maps service distorted competition by offering free business the same service that she herself "Google ruin the market, they offer something that costs them. "Directory provides access plans, location maps and routes online against payment.
Dans son jugement rendu hier, le tribunal a notamment condamné le géant américain à verser 500.000 euros de dommages et intérêts à l'entreprise de cartographie française « en réparation des préjudices subis », ainsi qu'à 15 000 euros d'amende.
In its ruling yesterday, the court, among other things, sentenced the U.S. giant to pay 500,000 euros in damages to the French mapping company "in compensation for damages" as well as 15 000 euros fine.
« C'est la fin d'un combat de deux ans, une décision sans précédent, une condamnation solidaire de Google Inc. et de Google France », s'est fécilité Me Jean-David Scemmama, avocat de Bottin Cartographes. "It's the end of a fight two years, an unprecedented decision, a joint conviction of Google Inc.. Google and France, "was Jean-David fécilité Scemmama, lawyer for Bottin Cartographers.
« Nous sommes en train de prendre connaissance de la décision et évaluons toutes les options qui nous sont ouvertes », a réagi de son côté un porte-parole de Google France. « Nous demeurons convaincus qu'un outil cartographique de haute qualité, libre, et gratuit est bénéfique tant pour les internautes que pour les propriétaires de site web. La concurrence sur ce secteur demeure réelle pour nous, tant en France qu'à l'international ». On ne peut s'empêcher de toussoter, au passage, en entendant l'avocat qualifier Google Maps d'outil « libre », ce qualificatif ayant une signification juridique très précise dans le monde numérique. Contrairement à son concurrent collaboratif OpenStreetMap, par exemple, Google Maps est tout sauf « libre » : il ne publie pas son code source, et ses cartes ne sont ni téléchargeables, ni réutilisables, ni redistribuables. "We are taking note of the decision and evaluate all the options open to us," responded the other hand a spokesman for Google France. "We remain convinced that a mapping tool of high quality, free, and free benefits both users and for website owners. Competition in this sector remains real for us, both in France and abroad. "One can not help but sputter, by the way, hearing the lawyer described as Google Maps tool "free", this term has a precise legal meaning in the digital world. Unlike its competitor collaborative OpenStreetMap, for example, Google Maps is anything but "free": it does not publish its source code, and maps are not downloaded, reused or redistributable.


It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Wed Feb 1st, 2012 at 09:46:08 AM EST
[ Parent ]
Twitter / @TheEIU_WEurope: Most eye-catching stat fro ...
Most eye-catching stat from @TheIFS "Green Budget": only 6% of planned cuts in #UK current public services spending have so far occurred...


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Wed Feb 1st, 2012 at 10:29:36 AM EST
[ Parent ]
†ECONOMY & FINANCE†


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 12:09:26 PM EST
BBC News - Eurozone unemployment hits new record

Unemployment in the eurozone hit a record high at the end of last year, the Eurostat agency has said.

The jobless rate in the 17 countries that use the single currency was 10.4% in December, unchanged from November's figure which was revised up from 10.3%.

Some 16.5 million people were out of work in the eurozone in December, up 751,000 on the year before.

The highest unemployment rate remains in Spain (22.9%), while the lowest is in Austria (4.1%).



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 12:54:57 PM EST
[ Parent ]
Cameron's tax jibe backed by French financiers - FINANCE - FRANCE 24

The very public slanging match between two of Europe's leading statesmen continued apace this week with a row over taxes.

The days when British Prime Minister David Cameron and French President Nicolas Sarkozy exchanged congratulatory handshakes after uniting to help topple Libya's Colonel Gadaffi are well and truly in the past.

The two leaders have been slugging it out since Cameron threatened to veto a Eurozone treaty in December and this week the war of words continued over Sarkozy's plan to introduce a tax on financial transactions in France.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:18:49 PM EST
[ Parent ]
Two Japanese auto suppliers to pay price-fixing fine in U.S. < Japan Today: Japan News and Discussion
Two Japanese auto suppliers have agreed to pay more than half a billion dollars in criminal fines for a price-fixing conspiracy in the sale of parts to U.S. automakers, the Justice Department announced Monday.
 
Yazaki Corp agreed to pay a $470 million fine, the second-largest criminal fine obtained for an antitrust violation. The second company, DENSO Corp, agreed to pay a $78 million fine. Four Yazaki executives, all Japanese citizens, will serve up to two years in U.S. prison as part of the deal to plead guilty to one felony count.
 
The pleas are part of an ongoing investigation that is the largest ever in the Justice Department antitrust division. Sharis Pozen, the division's acting head, told reporters in a briefing that "pernicious cartel conduct" in the auto parts industry has harmed car buyers and auto manufacturing businesses nationwide. "The numbers that we are talking about here are astronomical," she said.


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 02:02:55 PM EST
[ Parent ]
Dassault Rafale wins MMRCA deal beating Eurofighter Typhoon - The Times of India
French company Dassault Rafale today bagged India's biggest-ever contract for supplying 126 combat aircraft for the air force, edging out European competitor EADS in the multi-billion dollar deal.

The French firm was declared as the lowest bidder, according to which it will get the contract under India's defence procurement procedure, sources said.

"The French firm Dassault Rafale has emerged as the L-1 (lowest bidder) and cheaper than its european rival EADS (maker of Eurofighter) in the tender and will be offered to supply the aircraft to the IAF," the source said.


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 02:04:34 PM EST
[ Parent ]
Krugman Op-ed: The Austerity Debacle (29 January)
Last week the National Institute of Economic and Social Research, a British think tank, released a startling chart comparing the current slump with past recessions and recoveries. It turns out that by one important measure -- changes in real G.D.P. since the recession began -- Britain is doing worse this time than it did during the Great Depression. Four years into the Depression, British G.D.P. had regained its previous peak; four years after the Great Recession began, Britain is nowhere close to regaining its lost ground.

Nor is Britain unique. Italy is also doing worse than it did in the 1930s -- and with Spain clearly headed for a double-dip recession, that makes three of Europe's big five economies members of the worse-than club. Yes, there are some caveats and complications. But this nonetheless represents a stunning failure of policy.

...

Even so, surpassing the track record of the 1930s shouldn't be a tough challenge. Haven't we learned a lot about economic management over the last 80 years? Yes, we have -- but in Britain and elsewhere, the policy elite decided to throw that hard-won knowledge out the window, and rely on ideologically convenient wishful thinking instead.



tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Migeru (migeru at eurotrib dot com) on Wed Feb 1st, 2012 at 04:45:52 AM EST
[ Parent ]
There's an irony that the advances of social democracy - the safety net - have helped disguise how awful the economy performance has been. This has allowed the right to pretend that their policies are working.
by Metatone (metatone [a|t] gmail (dot) com) on Wed Feb 1st, 2012 at 06:17:50 AM EST
[ Parent ]
true, but their f'ed up policies are working, for them.

the rest of us are sheep for slaughter. we were caught in the pincer of stalinism from the east and steroidal capitalism from the west, and the welfare state was the compromise.

the most pernicious aspects were the inclusion of MIC deathware in GDP, and the collective iconisation of profit-uber-alles as barometer of a country's well-being. tumour as 'growth model'. this goes for all the wealth/pollution industries that made europe so economically positioned as to be able to afford the luxury of a welfare state.

now we have health services that struggle to cope with the downwind detriments of modern living, the increased radiation, 3 generations of junk food, and the capacity of expensive machines and meds to keep people half-alive for much longer, automation has raised unemployment, leading to anomie and social alienation, (translation: lots of people walking around on a very short fuse and unmoored from any sense of social identity. computers have done their share too to sustain the illusions that FB friends are real etc.

homo oeconomicus!

we need a quantum leap to homo ludens artisticus.

 

"We can all be prosperous but we can't all be rich." Ian Welsh

by melo (melometa4(at)gmail.com) on Wed Feb 1st, 2012 at 08:08:49 AM EST
[ Parent ]
Jared Bernstein: Inequality, the Middle Class, and Growth
At the most basic level, this growth model is a function of customers interacting with employers, business owners, and producers.  A recent article by successful venture capitalist Nick Hanauer very compellingly describes this interaction:
I've never been a "job creator." I can start a business based on a great idea, and initially hire dozens or hundreds of people. But if no one can afford to buy what I have to sell, my business will soon fail and all those jobs will evaporate.

That's why I can say with confidence that rich people don't create jobs, nor do businesses, large or small.  What does lead to more employment is the feedback loop between customers and businesses. And only consumers can set in motion a virtuous cycle that allows companies to survive and thrive and business owners to hire. An ordinary middle-class consumer is far more of a job creator than I ever have been or ever will be.

How does this dynamic interaction show up in the macroeconomy?  Economist Alan Krueger, currently serving as Chair of the President's Council of Economic Advisers summarized these findings in a recent speech, in a section on the consequences of economic inequality.


tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Migeru (migeru at eurotrib dot com) on Wed Feb 1st, 2012 at 06:56:58 AM EST
[ Parent ]
<seriousperson>
+++ FEEDBACK LOOP DOES NOT COMPUTE +++

+++ HOW DOES THIS RELATE TO A HOUSEWIFE MANAGING HER HOUSEHOLD ??? +++

+++ RICH PEOPLE CREATE JOBS BY BEING VIRTUOUS +++

+++ JOBS FOLLOW VIRTUE +++

+++ BE PURE! BE CLEAN! BE BUDGET BALANCED! +++

</seriousperson>

by Colman (colman at eurotrib.com) on Wed Feb 1st, 2012 at 07:00:14 AM EST
[ Parent ]
†WORLD†


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 12:09:57 PM EST
BBC News - UN resolution could spur Syria civil war, Russia warns

The Western-Arab drive to adopt a UN resolution on Syria is a "path to civil war", Russian Deputy Foreign Minister Gennady Gatilov has warned.

He said demands for President Bashar al-Assad to stand down would "not lead to a search for compromise".

The resolution will be discussed at an imminent UN Security Council meeting on the deepening Syrian crisis.

The talks come after a day of particularly heavy bloodshed and with the army on the streets in Damascus.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 12:51:53 PM EST
[ Parent ]
UN to discuss removal of Syrian president - Middle East - Al Jazeera English

Representatives of Western and Arab nations are gathering in New York to push for a tough UN resolution on Syria, calling for President Bashar al-Assad to hand power to his deputy.

The UN Security Council was to meet on Tuesday evening (20:00GMT) to discuss the draft resolution, with Russia likely to veto any punitive action.

A French official said the draft UN resolution has a "comfortable majority" of support from 10 of the Security Council's 15 members, meaning Russia or China, which has also shown support for Assad, would have to use their veto power to stop it.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:24:25 PM EST
[ Parent ]
Yemen official survives assassination attempt - Middle East - Al Jazeera English

Yemen's newly appointed information minister has escaped an assassination attempt as he was leaving government headquarters in the capital Sanaa.

Ali Ahmed al-Amrani was unhurt in Tuesday's attack, that left his vehicle riddled with bullets fired as the minister was leaving a weekly cabinet meeting.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:25:00 PM EST
[ Parent ]
Romney holds solid lead as Florida polls open - Americas - Al Jazeera English

Polling booths have opened in Florida, the largest state so far to take part in the Republican race for the White House, with Mitt Romney holding a solid lead over Newt Gingrich in the latest polls.

Voting precincts opened at 7am (12:00GMT) on Tuesday, in the winner-take-all Sunshine State, which offers the prize of 50 delegates - the biggest bounty yet in the contest for the chance to challenge Barack Obama in November.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:26:50 PM EST
[ Parent ]
Haiti drops 'Baby Doc' rights abuses case - Americas - Al Jazeera English

The UN and human rights groups have condemned a Haitian court's decision not to charge Jean-Claude "Baby Doc" Duvalier, the country former dictator, over allegations of torture and murder.

Duvalier will face trial for corruption during his 15-year rule, but not for human rights abuses, Carves Jean, the judge handling the case, said on Monday.

"I did not find enough legal grounds to keep human rights charges and crimes against humanity against him," he said. "Now my job is over. The case is no longer in my hands."



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:27:29 PM EST
[ Parent ]
Dakar lifts protest ban as anti-Wade rallies continue - SENEGAL - FRANCE 24

AFP - Senegal's interior ministry has lifted a ban on an opposition rally due to take place on Tuesday afternoon against President Abdoulaye Wade's plans to seek a third term in office, the organisers said.

Mor Ngom, of the June 23 Movement of opposition parties and civil society opposed to Wade's elections plans, said authorities had "accepted" the holding of a mass rally.

Dozens of riot policeman watched from a distance as people began arriving at the Place de l'Obelisque square in the working class suburb of Colobane on Tuesday afternoon.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:30:33 PM EST
[ Parent ]
Iran increasingly willing to launch US attack, top intelligence official warns | World news | The Guardian

America's top intelligence official has claimed that Iran's leadership was now more willing than before to carry out an attack inside the US, and that intelligence agencies were worried about plots against US and allied interests around the world.

In a report to Congress, the director of national intelligence, James Clapper, said a plot to blow up the Saudi ambassador in a Washington restaurant - which the US blamed on Iran's Revolutionary Guard - "shows that some Iranian officials, probably including supreme leader Ali Khamenei, have changed their calculus and are now more willing to conduct an attack in the United States in response to real or perceived US actions that threaten the regime".



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:36:36 PM EST
[ Parent ]
tbh, that's just an acknowledgement of how asymmetric war works. Iran knows it has no chance resisting the US in a straight fight, but it can make the cost to America of waging war too high to continue.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Wed Feb 1st, 2012 at 03:00:33 AM EST
[ Parent ]
It's bollocks aimed at ramping up the tension and the budget, as was that Saudi stunt.

"The future is already here -- it's just not very evenly distributed" William Gibson
by ChrisCook (cojockathotmaildotcom) on Wed Feb 1st, 2012 at 03:54:25 AM EST
[ Parent ]
this book argues that there has been an on-going war with Iran since the Khomeini inspired revolution in 1979

w.amazon.com/Secret-War-Iran-Clandestine-Dangerous/dp/1416577009/ref=sr_1_1?ie=UTF8&qid=13280911 98&sr=8-1

and having read it, I have to say that the author has ha good point, Iran-contra and all.

and, having read it, I can tell you that out and out war with Iran would be extremely foolhardy

by stevesim on Wed Feb 1st, 2012 at 05:15:24 AM EST
[ Parent ]
The editorial reviews don't inspire confidence. One says
Among the revelations certain to resonate in the U.S. is Bergman's contention that a secret file exists that proves unequivocally that George H.W. Bush surely knew about all the illegal goings-on in the Iran-Contra scandal--something Bush has always denied.
Which, even if true (the secret file, not the allegations, which seem plausible) is more likely to result in a collective shrug of the shoulders in the U.S. The other says
Some of the revelations here are startling, including Israeli cooperation with the regime of the late shah.
Startling? To whom? Ben-Gurion's Alliance of the periphery was certainly no secret.
by gk (g k quattro due due sette "at" gmail.com) on Wed Feb 1st, 2012 at 05:26:48 AM EST
[ Parent ]
really?  a shrug of the shoulders?  really?  it was quite a shock to me.  
by stevesim on Wed Feb 1st, 2012 at 05:42:07 AM EST
[ Parent ]
You're not typical. Most Americans probably don't even remember what Iran-Contra was..... My objection was with the assumption that this revelation would have an impact in U.S. politics, which I strongly doubt. I think I was convinced that  Bush was involved when he pardoned those directly responsible.
by gk (g k quattro due due sette "at" gmail.com) on Wed Feb 1st, 2012 at 05:48:23 AM EST
[ Parent ]
most Americans have problems finding their own country on a world map

is that how you want to be judged?

by stevesim on Wed Feb 1st, 2012 at 05:52:33 AM EST
[ Parent ]
Do you mean "world" as in "world series"? I suspect that a lot of americans could manage that. You'd have a hard time finding Fiji on such a map, though.

Otherwise, I think by now we're just debating the semantics of "resonate", a word that is vague enough that it shouldn't have been used in the first place.

by gk (g k quattro due due sette "at" gmail.com) on Wed Feb 1st, 2012 at 06:05:57 AM EST
[ Parent ]
hmm.  that could be considered rather pedantic by some, don't you think?  

let's just say that Iran has been pushing back since 1979  and many events, such as the bombing of a synagogue in Argentina was payback by Iran to Israel, which most people don't even realize, in Fiji or in the USA, although I think Fijians can find their country on a world map

by stevesim on Wed Feb 1st, 2012 at 06:15:10 AM EST
[ Parent ]
people here have so much knowledge and opinion to share that I find it a true waste to spend time arguing about pedantics, and I will be bold enough to pretend that you agree with me on this point.
by stevesim on Wed Feb 1st, 2012 at 06:33:45 AM EST
[ Parent ]
I do. My point was that the editorial reviews, which are supposed to present the best case for a book, instead give the impression that it's a bunch of conspiracy theories. If you want to convince us that it's worth reading, you'll have to make a better case than amazon does.

As for Iran, the war of the U.S on the Iranian people goes back further than Khomeni, to 1953. And the war of England on Iran goes back to 1872, at least. Iranians are probably aware of this, and for all I know there may still be an undercurrent of sympathy for the U.S., based on their role in the Constitutional Revolution.

by gk (g k quattro due due sette "at" gmail.com) on Wed Feb 1st, 2012 at 06:44:49 AM EST
[ Parent ]
I am not responsible for the editorial blurbs for the book, but the book was quite good.

Heck, the war between Iran and the West really goes back to the time of the Persians, although we don't really acknowledge that, do we?

Just as we don't mention Iran in the war with Afghanistan, although there is a contest of wills there, to see which sphere of influence the country will fall under -  Iranian/Pakistani, Indian/USA

Let's argue about that instead

by stevesim on Wed Feb 1st, 2012 at 06:49:16 AM EST
[ Parent ]
News to me re Iran/Pakistan.

Pakistan is predominantly Sunni and Iran predominantly Shia.

Iran were pretty co-operative with the US post-9/11 re Afghanistan, and I certainly don't see them as pro-Taleban, who regard the Shia' as apostates.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Wed Feb 1st, 2012 at 08:08:50 AM EST
[ Parent ]
there are sections of Afghanistan and Pakistan that are ethnically identical to Iranian areas - the Balochi speaking areas.

then, there are the Pashtos which are mostly Afghan/Pakistani

If you haven't heard of the Indian-Pakistani fight for influence in Pakistan, I will look up a few references for you, but I thought it was pretty common knowledge

by stevesim on Wed Feb 1st, 2012 at 08:40:39 AM EST
[ Parent ]
and wikipedia indicates that there is a significant population of Persian speakers in Afghanistan

http://en.wikipedia.org/wiki/Persian_people

by stevesim on Wed Feb 1st, 2012 at 08:45:25 AM EST
[ Parent ]
I believe they refer to the Farsi dialect in Afghanistan as Dari.
by redstar on Wed Feb 1st, 2012 at 08:50:24 AM EST
[ Parent ]
thanks.
by stevesim on Wed Feb 1st, 2012 at 09:17:48 AM EST
[ Parent ]
stevesim:
the war between Iran and the West really goes back to the time of the Persians,

roman empire blowback!

"We can all be prosperous but we can't all be rich." Ian Welsh

by melo (melometa4(at)gmail.com) on Wed Feb 1st, 2012 at 08:35:23 AM EST
[ Parent ]
even earlier - Greeks vs Persians
by stevesim on Wed Feb 1st, 2012 at 08:41:36 AM EST
[ Parent ]
and no, I mean world as world, le monde, die Erde, el mundò, 土 , Зе́мля
by stevesim on Wed Feb 1st, 2012 at 06:27:52 AM EST
[ Parent ]
He said "in the U.S."  That's not you, right?

'tis strange I should be old and neither wise nor valiant. From "The Maid's Tragedy" by Beaumont & Fletcher
by Wife of Bath (kareninaustin at g mail dot com) on Wed Feb 1st, 2012 at 05:50:48 AM EST
[ Parent ]
although I am flattered with these attempts at finding out more about me, I am warning you that these will be futile. I have told you as much about me as I am willing to divulge.
by stevesim on Wed Feb 1st, 2012 at 05:55:10 AM EST
[ Parent ]
Definitely not an attempt to learn more, but rather to correct a misconception put about by yourself. You earlier claimed to be residing in France near Strasbourg and, in an unrelated post, said you were not American.  So when someone says those in the U.S. would shrug, and you reply that you would NOT shrug, the implication of your reply is that you spoke as a USAian.

No, not asking for more.

'tis strange I should be old and neither wise nor valiant. From "The Maid's Tragedy" by Beaumont & Fletcher

by Wife of Bath (kareninaustin at g mail dot com) on Wed Feb 1st, 2012 at 06:21:24 AM EST
[ Parent ]
hmm.  you also asked me about three times which Finnish owned company I had worked for which I found very intrusive the first time.
by stevesim on Wed Feb 1st, 2012 at 06:25:09 AM EST
[ Parent ]
And had you mentioned the FIRST time rather than waiting until now to mention that you considered the question an intrusion, the question wouldn't have been repeated. I'm used to less game playing and more straight-out adult behavior in communications on Eurotrib than I've been witnessing from you.  

Which of course still leaves me wondering why you should get the benefit of posting that you 'didn't know I was with the FBI' but that you're not American, then coming back in a post to someone else making a point as an American. Can't have it both ways and remain credible.

'tis strange I should be old and neither wise nor valiant. From "The Maid's Tragedy" by Beaumont & Fletcher

by Wife of Bath (kareninaustin at g mail dot com) on Wed Feb 1st, 2012 at 06:35:35 AM EST
[ Parent ]
Oh, and if you reply to this, I promise that you'll have had the last word.

'tis strange I should be old and neither wise nor valiant. From "The Maid's Tragedy" by Beaumont & Fletcher
by Wife of Bath (kareninaustin at g mail dot com) on Wed Feb 1st, 2012 at 06:37:14 AM EST
[ Parent ]
when someone doesn't respond after the first time, most people will usually let it drop
by stevesim on Wed Feb 1st, 2012 at 06:50:02 AM EST
[ Parent ]
China lodges urgent representations to Sudan over attack - Xinhua | English.news.cn

China's Vice Foreign Minister Xie Hangsheng on Tuesday summoned Sudan's Charge d'Affaires in Beijing and lodged urgent representations to the African country over local rebels' attack on a camp belonging to a Chinese company.

Twenty-nine Chinese nationals were abducted after the attack, according to a press release from China's Ministry of Foreign Affairs.

"The Chinese government attaches great importance to protecting overseas Chinese nationals," Xie told Sudan's Charge d'Affaires Omer Eisa Ahmed, as quoted in the release.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:57:52 PM EST
[ Parent ]
Armed group blows up oil pipeline in Syria's Homs - Xinhua | English.news.cn

An armed group blasted an oil pipeline Tuesday in restive Baba Amro area in central province of Homs, as part of a string of explosions targeting the energy sector in Syria, state-run SANA news agency reported.

The blast, which occurred also near the Basatin Joubar area, set a plastic factory ablaze, the governor of Homs said in a phone call with Xinhua.

He said that firefighters are still extinguishing the fire caused by the blast, which is the third in a series of other explosions occurred this week.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:58:18 PM EST
[ Parent ]
Truckloads of Chinese rice enter N. Korea: activist

Long convoys of Chinese lorries laden with rice were seen entering North Korea after Beijing reportedly agreed to provide major food aid to Pyongyang's new regime, a South Korean activist said Tuesday.

Thousands of lorries delivered rice to the hungry North starting on January 9, said Do Hee-Yoon of the Seoul-based Citizens' Coalition for Human Rights of Abductees and North Korean Refugees.

On Monday a Japanese newspaper said Chinese leaders had agreed on the aid at a meeting on December 20, the day after North Korea announced the death of its longtime leader Kim Jong-Il.

The deliveries lasted about 10 days before the Lunar New Year holiday on January 23, Do told AFP.

As evidence, he presented pictures taken near the customs office in the northeastern town of Tumen on the Chinese side of the border on January 12.

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Jan 31st, 2012 at 03:01:19 PM EST
[ Parent ]
The Cuban Triangle: Cuba's Communist Party met over the weekend and decided that top party and government officials will be limited to two five-year terms, which would have put Fidel and Raul Castro themselves into retirement decades ago.
Much more over at the Triangle.

Mexico: Illicit Financial Flows, Macroeconomic Imbalances, and the Underground Economy, (PDF): Utilizing well established economic models, our analysis indicates illicit outflows from Mexico from 1970 to 2010 at US$872 billion. Across the first decade of this century, these outflows averaged
almost US$50 billion a year. Furthermore, this analysis is conservative; it does not include drug smuggling, human trafficking, and some forms of trade mispricing, data for which are not available in the statistics we analyze. Were reasonable estimates of illicit capital generated by these activities to be incorporated into the analysis, the figures would be substantially higher.

Colombia Reports: The total amount of money embezzled from the Colombian healthcare system exceeds $5 billion, the president of the country's medical federation said Tuesday.

Colombia Reports: Now-extradited paramilitary leader "Don Berna" told the truth about his ties to the administration of former President Alvaro Uribe, says convicted "parapolitician" Rocio Arias. The former senator was one of the first Colombian lawmakers to be convicted for her ties to the paramilitary AUC and considered one of the organization's main representatives in Congress until her conviction.
More over at the The Pan-American Post.

MEXICO CITY (AP) -- A Mexican army general and 29 soldiers under his command in a town on the border with Texas are being tried on charges of torture, homicide, drug trafficking and other crimes, a top government official confirmed Tuesday.


"Beware of the man who does not talk, and the dog that does not bark." Cheyenne
by maracatu on Tue Jan 31st, 2012 at 07:52:37 PM EST
[ Parent ]
Noam Sheizaf in Foreign Policy.
The new Knesset will also represent the failure of the two-state solution as a political platform. While in theory there is a virtual consensus around the need to establish a Palestinian state, there is no longer any Knesset members who remain its passionate advocates, like Yossi Beilin or Shimon Peres used to be. The intellectual conversation has shifted its attention to the one-state solution. Though this idea is still widely denounced and opposed as a theoretical solution, the new Knesset could mark the first definitive break by moving the political conversation into firmly one-state territory, if only as a by-product of having killed off all other possible alternatives.
by gk (g k quattro due due sette "at" gmail.com) on Wed Feb 1st, 2012 at 05:36:46 AM EST
[ Parent ]
†LIVING OFF THE PLANET†
†Environment, Energy, Agriculture, Food†


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 12:34:58 PM EST
IAEA approves Japan nuclear 'stress tests' - Asia-Pacific - Al Jazeera English

The UN's nuclear watchdog has given its seal of approval to Japan's reactor safety checks, but said power companies should step up plans for managing disasters in the wake of the Fukushima meltdowns.

A delegation from the International Atomic Energy Agency (IAEA) is in the country at the government's invitation as officials look for ways to convince a deeply sceptical population that the country's nuclear plants are safe to restart.

The government's Nuclear and Industrial Safety Agency (NISA) asked the IAEA to assess the stringency of the so-called stress tests to which all reactors were subjected before being given the green light to resume operations.

"The conclusion of the team is that NISA's instructions and review process for the comprehensive safety assessments are generally consistent with IAEA safety standards," the delegation said in a statement on Tuesday.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:26:01 PM EST
[ Parent ]
U.S., Russia conclude joint inspection in Antarctica - Xinhua | English.news.cn

The United States and Russia concluded a six-day inspection of foreign research stations, installations and equipment in Antarctica on Saturday, pursuant to the Antarctic Treaty of 1959 and its Environmental Protocol, the U.S. State Department announced Monday in a statement.

Under the leadership of officials from the Department and Russian Ministry of Foreign Affairs, the joint team inspected three stations: Concordia (France/Italy), Mario Zucchelli (Italy) and Scott Base (New Zealand), examining the Treaty Parties' adherence to their obligations, ensuring that Antarctica is used only for peaceful purposes and that Parties honor the prohibition on measures of a military nature.

The Department said an inspection report will be jointly presented to the other Treaty Parties at the next Antarctic Treaty Consultative Meeting scheduled for June in Hobart, Australia.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:58:56 PM EST
[ Parent ]
Search goes on for thousands of missing tsunami victims < Japan Today: Japan News and Discussion

A coast guard boat as it cuts its way through the seas off Japan's tsunami-wrecked shores.

Somewhere under these unforgiving gray waters lie hundreds, perhaps thousands of bodies--the unfound, unclaimed dead of one of the country's worst ever disasters.

Even though the hunt on these sullen seas goes on every day, Yoshifumi Suzuki says none of his coast guard colleagues has seen a single corpse since the partial remains of a man were untangled from a fishing net in November.

But they are not prepared to give up. "If we don't do this, nobody will," Suzuki said.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 02:02:24 PM EST
[ Parent ]
Extreme droughts could increase by 15 percent in Spain by the middle of the century

A team at the Polytechnic University of Cartagena has designed a new method for calculating drought trends. Initial results suggest that by the year 2050 there could be a 15% increase compared to the droughts seen in 1990 in the Segura river basin.

At the beginning of 2011, water levels in Spain's reservoirs reached an average of 77.83% of total capacity. However, the lack of rain last year has now reduced the average to 62.01%. The droughts that Spain experiences year on year are one of the main concerns of agricultural workers who use up to 80% of a reservoir's water for their crops.

A new study at the Polytechnic University of Cartagena (UPCT) has combined recorded data with the results from state-of-the-art regional climate change models to calculate the maximum length of droughts in detail.

The results, which have been applied to the Segura river basin, show how "drought periods since the 1980's onwards have notably intensified," according to Sandra Garcia Galiano, one of the authors of the study.

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Jan 31st, 2012 at 02:59:30 PM EST
[ Parent ]
Le Figaro - Conjoncture : Électricité nucléaire : le coût revu à la hausse Le Figaro - Outlook: Nuclear Electricity: the cost revised upwards
Combien coûte exactement le mégawattheure (MWh) d'origine nucléaire? Le chiffre calculé par la Cour des comptes était particulièrement attendu. La méthode employée, dite du coût courant économique, intègre la rémunération du capital et prend en compte le cycle complet de cette industrie, incluant donc les charges futures liées au démantèlement et à la gestion des déchets. Le MWh ressort ainsi à 49,5 euros. Soit plus de dix euros supplémentaires que les estimations de la Commission Champsaur, l'année dernière, qui ont servi de base à l'Accès réglementé au nucléaire historique (Arenh), c'est-à-dire le prix auquel EDF vend son électricité à ses rivaux pour stimuler la concurrence. Celui-ci a finalement été établi à 42 euros le MWh.How much exactly does a megawatt hour (MWh) of nuclear origin cost? The figure calculated by the Court of Auditors was eagerly awaited. The method, called the current economic cost, includes the return on capital and takes into account the complete cycle of the industry, thus including future costs related to decommissioning and waste management. MWh came out at 49.5 euros. More than ten euros more than the Commission estimates Champsaur, last year, which served as the basis for regulated access to nuclear history (Arenh), that is to say, the price at which EDF sells its electricity his rivals to stimulate competition. It was finally established at 42 euros per MWh.
Une différence de taille toutefois: Champsaur tient compte de l'amortissement du parc, ce qui n'est pas le cas de la Cour des comptes. Dans son calcul, celle-ci indique que la courbe des investissements de maintenance pèse bien davantage que les dépenses liées à la déconstruction.A major difference, however: Champsaur reflects the amortization of the plant, which is not the case with the Court of Auditors. In its calculation, it shows that the curve of maintenance investments weighs much more than the expenses related to deconstruction.


It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Wed Feb 1st, 2012 at 03:56:55 AM EST
[ Parent ]
and it cries out for a diary.

Nucléaire : "le coût du MWh produit s'élève à 49,5 euros" > Nucléaire - Enerzine.comNuclear : "the cost of MWh produced amounted to 49.5 euros"> Nuclear - Enerzine.com
La Cour des comptes a publié mardi un rapport inédit sur l'ensemble des coûts liés à la production d'électricité nucléaire en France, une initiative qui fait suite à la demande de François Fillon de tenter de rétablir une vérité chiffrée sur la filière tout entière. The Court of Auditors published Tuesday an unpublished report on all the costs of nuclear power in France, an initiative that responds to the request of François Fillon attempting to restore an encrypted truth about the industry while a whole.
Dans la matinée sur France 2, la ministre de l'Ecologie Nathalie Kosciusko-Morizet avait affirmé avant la publication officielle du rapport avoir perçu "des incertitudes sur certains coûts", tout en ajoutant qu'il faudra "préciser pour être sûr que tout soit bien intégré."In the morning on France 2, the Minister for Ecology Nathalie Kosciusko-Morizet had said before the official publication of the report to have perceived " uncertainties on some costs ", adding it will "add details to be sure to specify all is well integrated . "
"Le nucléaire reste, même avec ces incertitudes, une énergie relativement peu chère", a déclaré la ministre."Nuclear power is , even with these uncertainties, a relatively inexpensive energy ," said the minister.
Au contraire, les élus et associations écologistes ont affirmé le matin même que le rapport de 400 pages "met en pièce le mythe du nucléaire bon marché", pointant du doigt une "énergie aux coûts non maîtrisés".Instead, elected officials and environmental groups have said the same morning that the 400-page report " shatters the myth of cheap nuclear ," pointing to an "energy cost uncontrolled ".


It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Wed Feb 1st, 2012 at 04:02:19 AM EST
[ Parent ]
hear here!

i bet DoDo is on it...

"We can all be prosperous but we can't all be rich." Ian Welsh

by melo (melometa4(at)gmail.com) on Wed Feb 1st, 2012 at 08:39:30 AM EST
[ Parent ]

Chain reaction:

  • nuclear is not expensive
  • nuclear is not so expensive
  • nuclear is expensive but worth it
  • nuclear is very expensive but we can't do without it


Wind power
by Jerome a Paris (etg@eurotrib.com) on Wed Feb 1st, 2012 at 09:02:33 AM EST
[ Parent ]
How much do they sell it to Italy for?
by gk (g k quattro due due sette "at" gmail.com) on Wed Feb 1st, 2012 at 09:09:10 AM EST
[ Parent ]
I read that the Court of Auditors added research costs and increased plant dismantlement costs to arrive at a higher price per MWh, while final storage costs are uncertain. Haven't seen the report itself yet, though.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Wed Feb 1st, 2012 at 06:24:08 PM EST
[ Parent ]
†LIVING ON THE PLANET†
†Society, Culture, History, Information†


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 12:35:20 PM EST
Twitter CEO defends new censorship policy - INTERNET CENSORSHIP - FRANCE 24

Micro-blogging site Twitter has sought to calm fears that a new policy to censor content on a country-by-country basis will hamstring freedom of speech.

The company's CEO Dick Costello told the "All Things D" technology conference on Monday that by responding to requests from individual governments to block content, the hugely popular site was actually protecting its integrity.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:21:29 PM EST
[ Parent ]
The Sun on Sunday launch 'on hold after arrests' - Media News - Digital Spy
Plans for the launch of a new Sunday version of The Sun as a replacement for the News of the World have reportedly been put on hold following the arrest of four senior journalists connected to the paper.

Known as Project X, the Sun on Sunday has been widely rumoured to be in the works for some months, including recent reports suggesting that late April had been earmarked for its launch.

However, the Financial Times cites three senior insiders at publisher News International as saying that the project has been halted after raids by police on four senior journalists at the weekend.


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:29:34 PM EST
[ Parent ]
Thousands of vocational qualifications to be stripped out of GCSE league tables | Education | The Guardian

Thousands of vocational qualifications - including courses in fish husbandry and nail technology - are to be stripped out of school league tables, the government has announced.

More than 3,000 qualifications regarded as equivalent to GCSEs in current league tables - and said to be used by some schools to improve their rankings - will be reduced to 125. Just 70 will count towards the main performance measure of five A* to C grades at GCSE. The first league tables to reflect the changes will be published in January 2015, based on results from the previous summer.

The qualifications being ditched include the City and Guilds level 2 diploma in horse care, currently worth four GCSEs in the league tables.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:37:15 PM EST
[ Parent ]
Whatever can be done to further lower the status of honest productive work and steer students towards, what?, work in banking or the food service industries...
Finding a good nail is not so easy, and I value folk who actually know how to care for a horse or raise a fish.
by Andhakari on Wed Feb 1st, 2012 at 03:56:25 AM EST
[ Parent ]
well said...

burning bridges and boats we progress to irrelevance via oblivion.

"We can all be prosperous but we can't all be rich." Ian Welsh

by melo (melometa4(at)gmail.com) on Wed Feb 1st, 2012 at 08:43:46 AM EST
[ Parent ]
The Committee publishes further evidence into the Phone hacking inquiry - News from Parliament - UK Parliament
The Committee had today published correspondence from the Met Police, Linklaters LLP and James Murdoch

This includes a letter from  the metropolitain police replying to a request that the police provide the committee with a list of all MP's and Peers who are in the lists of possible hacking victims. The Met has said no.

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 01:49:35 PM EST
[ Parent ]
†PEOPLE AND KLATSCH†


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 12:36:00 PM EST
Jimmy Castor - Telegraph
Castor's command of many genres during his long career - doo-wop, hip-hop, Latin soul and disco to name a few - earned him the nickname "The Everything Man". But it was the "E-Man's" dirty funk of the 1970s, delivered in a sharp suit, big collar and even bigger hair, which made his name.


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 04:27:17 PM EST
[ Parent ]
Paavo Berglund - Telegraph

In Britain, he became inextricably linked to his compatriot's work through his association in the 1970s with the Bournemouth Symphony Orchestra, where Sibelius (1865-1957) himself had once conducted.

Berglund was a restrained, no-nonsense conductor; brisk, straightforward and clear in his demands of orchestral musicians. He was capable in an instant of turning flabby playing into taut, well-sculpted sound and was not averse to clarifying some of Sibelius's intentions. "Sibelius wrote downright poorly," he once wrote in a Finnish music journal. "Just about everything has to be corrected." In fact, Berglund made something of an ancillary career studying the composer's original manuscripts



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jan 31st, 2012 at 04:27:48 PM EST
[ Parent ]


"Life shrinks or expands in proportion to one's courage." - AnaÔs Nin
by Crazy Horse on Wed Feb 1st, 2012 at 04:54:50 AM EST
[ Parent ]
too funny!

"We can all be prosperous but we can't all be rich." Ian Welsh
by melo (melometa4(at)gmail.com) on Wed Feb 1st, 2012 at 08:47:06 AM EST
[ Parent ]
OMG Lake Merritt!! Does this bring back memories, or what? I had 4 clients who had offices in the curved granite building on the right, 2 clients in the small white building to its left, and one of my good friends lived in a 'rather pricey' apartment in the white building with the elegant facade there on the left. Come to think of it, I spent a whole lotta time looking at exactly this view ... minus the cute houseboat fellow, that is.

Wow, thanks CH. Made my day.

by sgr2 on Wed Feb 1st, 2012 at 02:38:26 PM EST
[ Parent ]


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