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European Salon de News, Discussion et Klatsch - 25 June

by afew Sun Jun 24th, 2012 at 03:49:04 PM EST

 A Daily Review Of International Online Media 


Europeans on this date in history:

1678 – Venetian Elena Cornaro Piscopia is the first woman awarded a doctorate of philosophy when she graduates from the University of Padua.

More here and here

 The European Salon is a daily selection of news items to which you are invited to contribute. Post links to news stories that interest you, or just your comments. Come in and join us!


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by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:18:16 AM EST
BBC News - Greek PM Samaras to miss EU summit following surgery

Greece's new Prime Minister Antonis Samaras will miss this week's EU summit while he recovers from eye surgery, according to a government spokesman.

He underwent routine surgery on Saturday for a damaged retina, with the operation said to have been a success.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:41:13 AM EST
[ Parent ]
Hope he isn't expecting the German taxpayer to foot the bill.
by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:41:38 AM EST
[ Parent ]
Also
Greece's new Finance Minister Vassilis Rapanos has been rushed to hospital, reportedly after fainting.

Mr Rapanos, who is chairman of Greece's national bank, was due to be sworn in to the new post in the debt-laden country later on Friday.

by gk (g k quattro due due sette "at" gmail.com) on Sun Jun 24th, 2012 at 03:53:29 PM EST
[ Parent ]
They must have taken him a back room and shown him the Real State of Financial Affairs...
And he realized what his job would entail, convincing the hungry that starvation was good for a country's long term health.
A pretty hard script to read with a straight face!
Hope he likes yoghurt.

It's a fine line between homage, parody, and consumer opportunism. Jess Walter
by melo (melometa4(at)gmail.com) on Sun Jun 24th, 2012 at 11:10:40 PM EST
[ Parent ]
Cameron proposes axing youth housing subsidy | Reuters

(Reuters) - Prime Minister David Cameron on Sunday proposed scrapping rent subsidies for Britons under 25, in a newspaper interview likely to strain his Conservative Party's coalition with the Liberal Democrats for the second time in a week.

Requiring almost 400,000 low-paid and unemployed young Britons to live with their parents if they cannot afford market rents could save just under 2 billion pounds ($3.1 billion) a year, Cameron said in an interview with the Mail on Sunday.

Asked about the proposal in a BBC interview, Lib Dem Deputy Finance Minister Danny Alexander said the coalition had already implemented major welfare reforms - including cuts to housing benefit - and that these should be allowed to bed down first.

Separately, the Archbishop of Canterbury Rowan Williams, leader of more than 80 million Anglicans worldwide and a long-standing critic, accused Cameron of "aspirational waffle designed to conceal a deeply damaging withdrawal of the state from its responsibilities to the most vulnerable".

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:54:40 AM EST
[ Parent ]
That's one way to free up housing to accommodate all the immigrants fleeing from Greece (Spain, Ireland, Italy?) for opportunities in London.
by Marie2 on Sun Jun 24th, 2012 at 11:24:19 PM EST
[ Parent ]
Another stupid proposal that is unlikely to feature as law before the next election. It's all right wing posturing.

That said, I wouldn't put it past the Daily Mail led voters to put them into office cos "eating the poor makes so much sense"

And I wonder if he isn't trying to move the discussion away from tax evasion cos that will be a nightmare for the tories

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Jun 25th, 2012 at 03:25:05 AM EST
[ Parent ]
Bang on - this is an attempt at distraction from the tax issue.

Sadly, given our moronic media, it will probably work.

by Metatone (metatone [a|t] gmail (dot) com) on Mon Jun 25th, 2012 at 04:23:52 AM EST
[ Parent ]
Cameron G20 missteps point to wider UK problems | Reuters

Beyond the personal criticism of Cameron, a belief seems to be growing in several foreign capitals that Britain itself is losing its influence partly due to hostility in his Conservative Party to the European Union and the euro project.

Diplomatic insiders and veterans say that Cameron at the very least ruffled feathers at this week's summit in Los Cabos and provided an unnecessary distraction.

"You have the G20 meeting: the euro zone is in trouble, Iran and Syria represent urgent challenges. And where is Cameron? He's sparring with the Argentinians over the Falklands and upsetting the French," said Charles Kupchan, lead U.S. National Security Council official for Europe under President Bill Clinton.

"That's really not helpful," added Kupchan, a professor at Georgetown University and senior fellow at the Council on Foreign Relations.



Europeans think a hundred miles is a long way. Americans think a hundred years is a long time.
by Bernard on Mon Jun 25th, 2012 at 08:14:31 AM EST
[ Parent ]
I'm very confused by this notion of European unity.

And, applying it to sneaking companies away to other countries? Even more confusing.

by Upstate NY on Mon Jun 25th, 2012 at 09:39:35 AM EST
[ Parent ]
Forgive me if I misunderstand how it works, but I was under the impression that Cameron gets elected by gaining something like 40% of the votes in Britain, and what the G20, Euro zone, Iran, Syria, Argentina, French, or U.S. of A. thinks are pretty much not things he needs to worry about...
by asdf on Mon Jun 25th, 2012 at 10:23:05 AM EST
[ Parent ]
It's all about finding ways to perform the Imperial strut without the frayed edges of inconsequence becoming too obvious. More than anyone else, a Conservative Prime minister exists to reassure the Empire fetishists of the Mail and Telegraph that the sun has still not set of Britain's Empire.

Mr Tony and Thatcher were note-perfect at playing International Statesperson of Consequence, which kept up the pretence. But if a Prime Minister, a Conservative Prime minister no less, lets the mask slip that the world has moved on and our opinions no longer matter, then gin will be spilt and millions will be wiped from the Stock Markets. After all, how can we have a tantrum and take our ball home cos Johnny Foreigner isn't playing fair if it isn't our ball and nobody cares ?

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Jun 25th, 2012 at 12:05:24 PM EST
[ Parent ]
EU accused of 'bribing' farmers to quit the industry: theparliament.com
Scottish MEP Alyn Smith has accused the EU of "bribing" farmers to quit the industry.

The SNP member was speaking after a parliamentary committee this week approved a report on reform of the EU's agricultural policy.

The report contains a proposal to pay up to €35,000 for farmers who are willing to leave the sector and "permanently transfer their holding to another farmer".

The measure is part of a wide ranging package of proposals aimed at boosting the competitiveness of the farming sector.

The report was approved by parliament's agricultural and rural development committee.
by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 12:03:31 PM EST
[ Parent ]
I remain as always a stupid commoner. It is beyond me why a farmer should get out of business by transfering his holding to another farmer, nor can I understand why that should "boost competitiveness." It appears to me that trusts are encouraged in place of cooperatives but, as I said, I'm too dim to figure out the fine print. I don't see trusts all that competitive. Does it mean they can lower produce prices and clinch special deals with distributors to eliminate all the remaining small farmers?

And, of course, I could not give a damn about "boosting competitiveness." What's so good about "competitiveness"- or "rural development" for that matter?

by de Gondi (publiobestia aaaatttthotmaildaughtusual) on Sun Jun 24th, 2012 at 05:01:39 PM EST
[ Parent ]
In the USA they want small farmers to sell to large farmers who are more closely tied to agribusiness, which dominates the political aspects of farming with contributions to the political class. I can only imagine that some similar dynamic is at work in the EU, but how the dominance of the bureaucracy was obtained and is maintained is something on which I would like to be educated.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Jun 24th, 2012 at 10:46:58 PM EST
[ Parent ]
The move from small to larger and larger holdings has been a constant of agricultural policy in Europe and North America for decades. Generally speaking, it's been enough to rely on old age retirement and bankruptcy to get rid of the smaller farmers and allow bigger ones to grow by eating up their holdings.

Reasons? Economies of scale; increased opportunity to redefine field boundaries in favour of large plots of land; increased mechanisation; generally greater integration into agro-industry production lines; "competitive" attitudes prevalent among the upwardly mobile new kulaks at the head of enterprises with higher capitalisation than the older generation of farms.

In other words, a radically smaller number of workers on the land replaced by high-energy inputs; industrial productivism; the drive to ever-lower prices with no respect for food quality or the environment.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Jun 25th, 2012 at 03:37:03 AM EST
[ Parent ]
I'm not sure how much additional cost savings you get once the farms are about a square mile in size. The limiting factor on mechanization is the amount of ground that a combine harvester can cover during the acceptable harvesting window. Beyond that, you need additional equipment and people at the same rate.

My sources say that beyond that point, what is being done is shortcuts that result in less efficiency. Unskilled workers don't optimize the irrigation system and treat the capital equipment poorly, so the savings in lower wages are cancelled out by less production...

by asdf on Mon Jun 25th, 2012 at 10:27:49 AM EST
[ Parent ]
Bargaining power? Cheaper logistics to bring production to the market? Ability to vertically integrate (producing cheese, spirits...)?

That's on top of my head. I'm no expert.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Mon Jun 25th, 2012 at 10:46:32 AM EST
[ Parent ]
There surely is a point at which upsizing becomes less efficient. But increasing farm size has been and still is, in the EU at least, government and agro-industry policy.

The combine harvester isn't the only criterion, btw - farmers aren't all pure grain producers. There's a drive in most of the EU to wipe out smaller dairy producers, for instance. It works mainly by scheduled reductions in milk prices paid to producers. That is, planned elimination of the smaller units.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Jun 25th, 2012 at 11:20:35 AM EST
[ Parent ]
It is beyond me why a farmer should get out of business by transfering his holding to another farmer, nor can I understand why that should "boost competitiveness."

Well, I imagine that it has to do something with farm size.

In the US, the average farm size is around 170 hectares. In Britain it's less than a third that.

Why does size matter?

Farming is increasingly a business that relies upon large field sizes in order to justify investment in highly expensive equipment.

Last July, Iowa-based Kinze Manufacturing gathered its dealers to debut a new on-farm toy: a John Deere tractor pulling a grain cart. The scene might have been unremarkable--dealers have seen the cart in action countless times--except that there was no one at the wheel.

The driverless tractor won admirers at NPR, Wired, and the Wall Street Journal. But Midwesterners saw Kinze's system as a welcome but predictable upgrade in the über-mechanized world of commodity growing. For more than a decade, farmers have enjoyed the advances of precision agriculture. The highest-tech farm vehicles across the country now boast real-time kinematic GPS and auto-steer technology. Farmers are just along for the ride, accompanied by  Beyoncé videos.

There's no doubt that big bots are the future of big ag. The question is whether autonomous technologies will ever penetrate the rest of the market--smaller-scale, diversified, labor-intensive operations.

This is probably what the EU is trying to push along by encouraging small farmers, who probably can't afford all this, to sell out, consolidating holdings.


And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg

by ManfromMiddletown (manfrommiddletown at lycos dot com) on Mon Jun 25th, 2012 at 05:28:09 AM EST
[ Parent ]
1 square mile is 259 hectares. Because of the public land survey system, most farms in the U.S. are sized in increments of 1/4 sections, which is around 65 hectares. That's basically the smallest size chunk of farmland you can get in the midwest...
by asdf on Mon Jun 25th, 2012 at 10:34:06 AM EST
[ Parent ]
If my understanding is correct, here in Norway not only is combining farms not encouraged, it's illegal. Farmers can buy equipment together, share a barn, etc, but if you want to get out of the business you have to find some budding young farmer, or whatever, to sell to.
It's understood that small farmsteads are integral to a functioning egalitarian society.
by Andhakari on Sun Jun 24th, 2012 at 11:34:58 PM EST
[ Parent ]
Lip service is paid to this quaint notion in France, but reality is quite different.
by afew (afew(a in a circle)eurotrib_dot_com) on Mon Jun 25th, 2012 at 03:39:28 AM EST
[ Parent ]
In the twenty years I lived in a small valley in the monts du Lyonnais, the number of working farmers in the valley (dairy and mixed cropping, average herd size under 20) decreased from around 10 to basically... one. Retirement of a generation of peasant farmers that lived in paltry material comfort with little cash income but modest needs. The younger man who now farms the valley lacks the capital to buy up the land, but leases it from the retired farmers or their inheritors. He spends ten hours a day six days a week on his tractor, and would no doubt have a better income if he had a steady factory job.

Is the productive output of the valley higher than twenty years ago? I have no idea. A lot less people are making a living off it, that's for sure.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Mon Jun 25th, 2012 at 04:04:02 AM EST
[ Parent ]
"He spends ten hours a day six days a week on his tractor"

Probably more like 20 hours a day, 7 days a week on his tractor during planting and harvesting seasons, and pretty much idling the rest of the year...

by asdf on Mon Jun 25th, 2012 at 10:37:06 AM EST
[ Parent ]
If he was a grain farmer in Iowa ;)
by afew (afew(a in a circle)eurotrib_dot_com) on Mon Jun 25th, 2012 at 11:23:21 AM EST
[ Parent ]
EUobserver.com / Opinion / Citizens Initiative risks being strangled by EU commission

...for all the pre-implementation hype, the new democracy instrument has gotten off to a poor start.

Of the first six officially registered initiatives, not one has begun to collect signatures.

This poor state of affairs is due to the fact that the online signature collection system offered by the Commission is not yet up and running. This costs the ECI organisers valuable time.

In addition, officials at the EU's central information services are still unable to answer the simplest questions about the ECI process. There is not enough staff. And training on the ins and outs of the ECI - which must have at least one million signatures in a minimum of seven member states - is inadequate.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 12:05:44 PM EST
[ Parent ]
Who Could Have Predicted?
by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 12:06:07 PM EST
[ Parent ]
EUobserver.com / Enlargement / Turks do not want to live in the EU any more

BRUSSELS - Turkey says future visa-free travel will work out well because Turks no longer want to live in the EU.

Its European affairs minister Egemen Bagis told EUobserver on Friday (22 June) that Turks these days travel to EU capitals "to spend [money]" in shops and hotels.

"In the past, when Turks were asked do you want to live in Europe, 80 percent would say Yes. Now, 85 percent say No. Turkish citizens feel there is more hope in Turkey, better job opportunities," he said.

He noted that in 2010, 27,000 Turks went to live in Germany, but 35,000 German citizens moved to Turkey.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 12:07:25 PM EST
[ Parent ]
Have the Turks thought about all the Spanish and Greeks who will want to work in Turkey?.....
by gk (g k quattro due due sette "at" gmail.com) on Sun Jun 24th, 2012 at 03:54:38 PM EST
[ Parent ]
BBC News - Greece brain drain 'wrecking my social life'

As the queues of jobless Greeks grow, more and more young people are moving abroad. It's an exodus that's particularly painful for Greek journalist Giorgos Christides.

Hanging out with friends is becoming increasingly difficult for me.

It seems my friends are fleeing Greece one by one, and the next time we see each other for a beer, our meeting place will probably be London's Trafalgar rather than Thessaloniki's Aristotle Square.

These past couple of weeks, I saw two of my best friends become residents of London, leaving their spouses and children behind, to work in the British capital and escape the employment no-man's-land that Greece has turned into because of the crisis.

Recently I also had to bid farewell to my brother, who returned to Saudi Arabia where he works as an engineer. The trend is not limited to 30 and 40-something professionals, but is spreading to younger age groups as well.

According to the latest national polls, more than seven out of 10 young Greeks aged 18 to 24 believe that emigration is the ideal - indeed the only - way out from the crisis. Two out of 10 have already applied for jobs and university places abroad.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 12:11:43 PM EST
[ Parent ]
Pre-summit document presses EU banking union | Reuters

(Reuters) - European leaders will discuss specific steps towards a cross-border banking union, closer fiscal integration and the possibility of a debt redemption fund at a summit on June 28-29, according to a document prepared for the meeting.

Two officials familiar with the 10-15 page document, drawn up over the past month and which is still being revised ahead of the summit, said it sets out in detail the four "pillars" required for a strong economic and monetary union which leaders believe is necessary to secure the currency project's future.

As well as progress towards a banking union, the paper discusses the need for a more integrated budget policy, steps required for deeper economic integration, and how to retain "democratic legitimacy" if countries give up some sovereignty.

The document has been drafted by European Commission President Jose Manuel Barroso, European Council President Herman Van Rompuy, European Central Bank chief Mario Draghi, and Jean-Claude Juncker, head of the Eurogroup countries using the euro.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Jun 25th, 2012 at 04:52:31 AM EST
[ Parent ]
Spain formally requests European aid for its banks: statement | Reuters

(Reuters) - Spain formally requested on Monday European aid of up to 100 billion euros for its banks, the Economy Ministry said in a statement.

Spain's Economy Minister Luis De Guindos said in the letter to Eurogroup chairman Jean-Claude Juncker that the final amount of the financial assistance would be set at a later stage but

should be enough to cover all banks' needs plus an additional security buffer.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Jun 25th, 2012 at 04:53:50 AM EST
[ Parent ]
Eurintelligence (by e-mail):

In order to overcome the resistance of the federal states against the fiscal pact in Bundesrat, the second chamber, the coalition of Angela Merkel agreed to introduce bonds issued jointly by the federal and the state governments, Frankfurter Allgemeine Zeitung reports. The common issuance's goal is to reduce interest rates and thus the refinancing costs of the states.

Different notions of what federalism entails, apparently.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Jun 25th, 2012 at 05:26:26 AM EST
[ Parent ]
Damp-squib far-right agitation in Lyon :

L'extrême droite radicale se met en scène à Lyon The radical far right strikes a pose in Lyon
Cinquante-sept personnes ont été interpellées et placées en garde à vue, samedi 23 juin, à Lyon, au cours d'une journée marquée par des rassemblements agités de mouvements d'extrême droite. La ville a été quadrillée par les forces de l'ordre, alors que la préfecture du Rhône avait interdit une manifestation à l'appel des Jeunesses nationalistes (JN), petite formation fondée en octobre 2011 par Yvan Benedetti et Alexandre Gabriac, conseiller régional Rhône-Alpes, écartés du Front national par Marine Le Pen.Fifty-seven people were arrested and placed in custody, Saturday, June 23, at Lyons, during a day marked by agitated gatherings of right wing movements. The city was crisscrossed by the police, while the prefecture of the Rhone had banned a demonstration at the call of the Young Nationalists (JN), small movement founded in October 2011 by Yvan Benedetti and Alexander Gabriac , advisor Rhône-Alpes, expelled from the National Front by Marine Le Pen .
Les JN se veulent la déclinaison jeune et activiste de l'Oeuvre française, groupuscule antisémite et pétainiste auquel appartiennent M. Gabriac et M. Benedetti, ce dernier, conseiller municipal de Vénissieux (Rhône), en étant désormais le président. Les JN ont pour ambition de fédérer autour d'elles tout ce que Lyon - et au-delà - compte de militants extrêmement déçus par "l'électoralisme du FN" et avides d'action, mais aussi skinheads et hooligans.The JN intend to be the young activist face of the u0152uvre% Française, antisemitic and Pétainist splinter group which Gabriac M. and M. Benedetti belong to, the latter, Municipal councillor in Vénissieux (Rhone), being the current president. JN have the ambition to unite those activists of Lyon and its region who are extremely disappointed by the "electioneering of FN" and are eager for action, including skinheads and hooligans.
MM. Benedetti et Gabriac entendent prendre l'ascendant sur toute cette mouvance. Et c'est dans ce contexte qu'intervient leur initiative de samedi, un défilé sous le mot d'ordre : "la révolte des souchiens", comprendre "les Français de souche", visant à "dénoncer la non-préférence nationale et le racisme anti-Blanc".MM. Benedetti and Gabriac intend to take the ascendancy over all this movement. And it is in this context that their initiative on Saturday, a parade under the slogan: "the revolt of souchiens" , meaning "native French" , to "denounce the lack of national preference and anti-white racism ".
Annoncée depuis des semaines, dans le milieu, par M. Gabriac, cette manifestation devait devenir un point de ralliement, des militants d'un peu partout en France y ayant été conviés.Advertised for weeks in the middle, by Mr. Gabriac, this event was become a rallying point, activists from all over France having been invited.
UNE PRÉCÉDENTE MANIFESTATION AVAIT ÉTÉ INTERDITE A PREVIOUS EVENT HAD BEEN PROHIBITED
Samedi matin, le juge des référés du tribunal administratif de Lyon avait confirmé l'interdiction du défilé de l'après-midi, prononcée deux jours auparavant par la préfecture du Rhône. Laquelle avait aussi interdit une contre-manifestation d'un collectif contre l'extrême droite, craignant des "troubles graves à l'ordre public". Déjà, le 2 juin, une précédente manifestation des JN avait été interdite.Saturday morning, the judge of the administrative tribunal of Lyon confirmed the ban on parade in the afternoon, delivered two days earlier by the prefecture of the Rhone. Which was also banned a counter- demonstration by a collective against the extreme right, fearing "serious disturbances of public order" . Already, on June 2, a previous JN demonstration had been banned.
Dissuadés de défiler, les groupes de militants ont provoqué policiers et gendarmes mobiles dans plusieurs lieux. Dans le hall de la gare de la Part-Dieu, une quarantaine de jeunes gens ont entouré Yvan Benedetti, juché sur un escalier d'accès aux quais pour une déclaration publique écourtée par l'intervention de CRS. Selon la préfecture, aucune dégradation ni aucune violence ne sont à déplorer.Persuaded not to parade, activist groups provoked police and gendarmes in several places. In the concourse of the Part-Dieu railway station, forty young people surrounded Yvan Benedetti, perched on a staircase leading to the platforms for a public statement cut short by the intervention of riot police. According to the prefecture, no degradation or violence were reported.
Les personnes interpellées pour des vérifications d'identité ont été remises en liberté en fin de journée. Trois gardes à vue ont été levées dimanche matin, dont celle de M. Benedetti, sans poursuite judiciaire, mais avec une enquête diligentée par le parquet. Alexandre Gabriac, lui, était invisible à Lyon toute la journée de samedi. Those arrested for identity checks have been released in the late afternoon. Three police custody were lifted Sunday morning, including Mr. Benedetti, without prosecution, but with an investigation conducted by the prosecutor. Gabriac Alexander himself was not to be seen all day in Lyon on Saturday.

Come to think of it, I did cross paths with an impressive convoy of police vehicles on two occasions. Wondered what it was about.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Mon Jun 25th, 2012 at 07:49:47 AM EST
[ Parent ]
Eurointelligence Daily Briefing: The first leaks: the Group of Four sets out options but no immediate solutions
Reuters has details of the first draft of a paper to be discussed by the European Council on Thursday and Friday; no formal decisions are likely to be taken; paper targets four areas: banking union, fiscal union, economic union and political union; banking union is prioritised, and could be implemented within a year; paper says no treaty change would be necessary for any of the proposals; the article says it is unlikely that this set of proposals would calm tensions in the markets; a leaked paper from the German finance ministry said a euro breakdown would have catastrophic implications for Germany - exceeding the cost of even the most expensive rescue package; Wolfgang Schäuble says there may be a referendum in Germany on political union within five years; Jens Weidmann rejects Mario Monti's ESM bond purchase proposal as a hidden monetary financing; Greece's new coalition will ask for an extra two years to implement austerity, no more firing of civil servants and an extension of unemployment benefit to two years; health problems prevent Antonis Samaras and Greek finance minister  Vassilis Rapanos to attend the summit; a poll says that 39% of Germans now want to leave the euro; 78% want Greece out; Angela Merkel has bribed the federal states into accepting the fiscal pact with the promise of a jointly issued federal-state debt instrument to cut the financing costs for the Länder; federal government also agreed to pay any fines for the Länder until 2019; Spain's new toll road schemes face catastrophic losses as the economy goes  from boom to bust; the poll ratings of Francois Holland and his prime minister Jean-Marc Ayrault is already falling; Simon Johnson says JP Morgan may not survive the collapse of the euro; George Soros says Germany is endangering financial stability in Europe, and has drawn up an action plan to set up and link a banking union and a fiscal union; Wolfgang Münchau, meanwhile, argues that Mario Monti should stand up to Angela Merkel and say that Italy cannot remain in the euro without joint debt instruments.


If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Migeru (migeru at eurotrib dot com) on Mon Jun 25th, 2012 at 12:21:25 PM EST
[ Parent ]
That didn't last long.
Greece's newly designated finance minister, Vassilis Rapanos, has quit less than a week after being appointed.

His resignation was confirmed by the office of new Greek Prime Minister Antonis Samaras.

No reason was given for the move. However, Mr Rapanos has been in hospital since last week receiving treatment for stomach pains.

by gk (g k quattro due due sette "at" gmail.com) on Mon Jun 25th, 2012 at 12:57:01 PM EST
[ Parent ]
Of course, he was never sworn in, so...

...can you resign from something when you haven't even been hired?

by Upstate NY on Mon Jun 25th, 2012 at 02:33:42 PM EST
[ Parent ]
by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:18:39 AM EST
America's long slope down | David Cay Johnston

A broad swath of official economic data shows that America and its people are in much worse shape than when we paid higher taxes, higher interest rates and made more of the manufactured goods we use.

The numbers since the turn of the millennium point to even worse times ahead if we stay the course. Let's look at the official numbers in today's dollars and then what can be done to change course.

First, incomes and jobs since 2000 measured per American:

Internal Revenue Service data show that average adjusted gross income fell $2,699 through 2010 or 9 percent, compared to 2000. That's the equivalent of making it through Thanksgiving weekend and then having no income for the rest of the year.

Had average incomes just stayed at the level in 2000, Americans through 2009 would have earned $3.5 trillion more income, the equivalent of $26,000 per taxpayer over a decade. Preliminary 2010 data show a partial rebound, reducing the shortfall by a fifth to $2.8 trillion or $21,000 per taxpayer.

Wages per capita in 2010 were 4.3 percent less than in 2000, effectively reducing to 50 weeks the pay for 52 weeks of work. The median wage in 2010 fell back to the level of 1999, with half of workers grossing less than $507 a week, half more, Social Security tax data show. The bottom third, 50 million workers, averaged just $116 a week in 2010.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:34:36 AM EST
[ Parent ]
You think this is bad, wait till Willard gets in.

http://www.youtube.com/watch?v=_wp4O7v5320
by THE Twank (yatta blah blah @ blah.com) on Sun Jun 24th, 2012 at 05:22:15 PM EST
[ Parent ]

Preliminary 2010 data show a partial rebound, reducing the shortfall by a fifth to $2.8 trillion or $21,000 per taxpayer.

That's where you see that journalists have no idea what they are talking about - an increase by 1.8% in one year becomes applied through the whole decade uniformly to calculate a rather meaningless number.

Wind power

by Jerome a Paris (etg@eurotrib.com) on Mon Jun 25th, 2012 at 02:57:10 AM EST
[ Parent ]
No, that sentence is valid, if somewhat convoluted. They tell you how much of the shortfall from the whole decade remains, not how much was shaved off in 2010 (I had to read it twice to get that too).

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Mon Jun 25th, 2012 at 03:29:31 AM EST
[ Parent ]
No - the shortfall is magically reduced because they apply the level of income of 2010 to the whole decade after having applied the level of income of 2009 to that whole decade (otherwise there is no way that you could gain 20% in one year: it makes sense only if you say that in 2009 average incomes were 9% below the 2000 level (so losses over a decade are 90% of yearly income) and in 2010 you were only 7.2% below the 2000 level (so "losses" over the decade are now only 72% of the 2000 yearly income).

That a completely silly comparison.

Wind power

by Jerome a Paris (etg@eurotrib.com) on Mon Jun 25th, 2012 at 10:53:51 AM EST
[ Parent ]
In the comments:

for the 90% incomes peaked four decades ago and since then more hours worked and more debt have been the overwhelming trend.
by asdf on Mon Jun 25th, 2012 at 10:42:45 AM EST
[ Parent ]
Labour's paradise lost | New Europe

Developed countries are now about as rich as Keynes thought they would be, but most of us work much longer than 15 hours a week, though we do take longer holidays, and work has become less physically demanding, so we also live longer. But, in broad terms, the prophecy of vastly increased leisure for all has not been fulfilled. Automation has been proceeding apace, but most of us who work still put in an average of 40 hours a week. In fact, working hours have not fallen since the early 1980's.

At the same time, "technological unemployment" has been on the rise. Since the 1980's, we have never regained the full employment levels of the 1950's and 1960's. If most people still work a 40-hour week, a substantial and growing minority have had unwanted leisure thrust upon them in the form of unemployment, under-employment, and forced withdrawal from the labor market. And, as we recover from the current recession, most experts expect this group to grow even larger.

What this means is that we have largely failed to convert growing technological unemployment into increased voluntary leisure. The main reason for this is that the lion's share of the productivity gains achieved over the last 30 years has been seized by the well-off.

Particularly in the United States and Britain since the 1980's, we have witnessed a return to the capitalism "red in tooth and claw" depicted by Karl Marx. The rich and very rich have gotten very much richer, while everyone else's incomes have stagnated. So most people are not, in fact, four or five times better off than they were in 1930. It is not surprising that they are working longer than Keynes thought they would.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 12:00:56 PM EST
[ Parent ]
Central Banks Face Power Limit as Debt Persists, BIS Says - Bloomberg

Central banks in developed nations are confronting the limits of their ability to aid economic recovery as government efforts to strengthen their finances fall short, the Bank for International Settlements said.

"Central banks are being cornered into prolonging monetary stimulus as governments drag their feet and adjustment is delayed," the Basel, Switzerland-based BIS said in its annual report, published today. "Both conventionally and unconventionally accommodative monetary policies are palliatives and have their limits."

While central banks' actions were key to limiting damage from the collapse of Lehman Brothers Holdings Inc., interest rates are now "as low as they can go" and debt purchases have swollen central bank balance sheets, the BIS said. European Central Bank President Mario Draghi has indicated that the ECB is close to exhausting its tools after cutting its benchmark rate to a record low and flooding the banking system with cash.

"In the middle of all this we find the overburdened central banks, pushed to use what power they have to contain the damage," Stephen Cecchetti, BIS economic adviser, said on a conference call. "There are very clear limits to what central banks can do. It's critical for the health of the global economy to break the vicious cycles and reduce the pressure on central banks."

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 03:42:39 PM EST
[ Parent ]
It's critical for the health of the global economy to break the vicious cycles and reduce the pressure on central banks.

In order to break the vicious cycles it will be necessary to break the TBTFs, write down unpayable debt and downsize the financial sector. So, step right up, opportunity knocks. But don't expect a stampede of such reformers.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Jun 24th, 2012 at 04:58:22 PM EST
[ Parent ]
Chinese Officials Falsify Data to Mask Slowdown, NYT Says - Bloomberg

Some Chinese economic indicators are being inflated by roughly 1 or 2 percentage points as local officials falsify statistics to mask the extent of the nation's slowdown, the New York Times reported, citing company executives in China and Western economists.

Government officials in some cities and provinces are overstating economic output, tax receipts, corporate revenue and profits, the paper said, citing executives and economists who requested anonymity for fear of jeopardizing their relationships with Chinese authorities. They are urging companies to keep separate sets of books, showing improving business results and tax payments that do not exist, the newspaper said.

Power plant managers have been told not to report the full extent of the slowdown in electricity demand, according to the report.

The Beijing-based National Bureau of Statistics, which compiles most of the country's economic statistics, denied that economic data was overstated, the paper said. "This is not rooted in evidence," it quoted an unnamed spokeswoman as saying.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 03:47:37 PM EST
[ Parent ]
Pot, meet kettle.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Jun 24th, 2012 at 04:58:51 PM EST
[ Parent ]
by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:18:57 AM EST
Morsi wins Egypt's presidential election - Middle East - Al Jazeera English

The Muslim Brotherhood's Mohammed Morsi has officially won Egypt's presidential election and will be the country's next president, the electoral commission has announced.

Morsi picked up 13.2 million votes out of just over 26 million, giving him about 51 per cent of the vote. His competitor, Ahmed Shafiq, the final prime minister under Hosni Mubarak, received 12.3 million. More than 800,000 ballots were invalidated.

Farouq Sultan, the head of the election commission, delivered a long speech before announcing the results in which he defended the body's "independence and integrity" amidst what he called meddling by unnamed political factions.

The two candidates filed 456 complaints about the electoral process, Sultan said, most of them allegations of either forgery or Christian voters being blocked from polling stations in Upper Egypt. The vast majority of those complaints were dismissed.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:32:44 AM EST
[ Parent ]
Islamist Morsy wins Egyptian presidency with 52 percent | Reuters

(Reuters) - Islamist Mohamed Morsy of the Muslim Brotherhood was declared Egypt's first democratic president on Sunday by the state election committee, which said he had defeated former general Ahmed Shafik with 51.7 percent of last weekend's run-off vote.

He succeeds Hosni Mubarak, who was overthrown 16 months ago after a popular uprising. The military council which has ruled the biggest Arab nation since then has this month curbed the powers of the presidency, meaning the head of state will have to work closely with the army on a planned democratic constitution.

Thousands of Brotherhood supporters burst into cheers on Cairo's Tahrir Square, waving national flags, setting off fireworks and chanting "Allahu Akbar!" or God is Great, greeting a dramatic victory, tempered by the army's continuing role.

"Say! Don't fear! The military must go!" crowds chanted.

For Morsy, a U.S.-educated engineer who spent time in jail under Mubarak, a spokesman said: "This is a testament to the resolve of the Egyptian people to make their voice heard."

Shafik, a former air force commander and Mubarak's last prime minister, offered no immediate reaction. He has said he would offer to serve in a Morsy administration.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:33:33 AM EST
[ Parent ]
Give the guy a big pair of symbolic scissors and he can open new shopping malls. Beyond that he sits around and watches his country rot.

http://www.youtube.com/watch?v=_wp4O7v5320
by THE Twank (yatta blah blah @ blah.com) on Sun Jun 24th, 2012 at 05:31:51 PM EST
[ Parent ]
He won't last long unless he is also allowed to speak of the coming glory of the Islamic Egypt.  
by Marie2 on Sun Jun 24th, 2012 at 11:30:41 PM EST
[ Parent ]
The military don't give a stuff about the choice of repression used to cow the population, just so long as whatever it is doesn't disturb the revenue streams

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Mon Jun 25th, 2012 at 11:57:04 AM EST
[ Parent ]
It won't.
I listened to a local news show on the drive out which gave me more of a sense of where non-Tahrir, non-Nasr city Egyptians stood.

[...]

Another interesting note: one of the experts underlined the fact that Morsi and Shafiq are fundamentally indistinguishable in their market-oriented economic outlook.

by gk (g k quattro due due sette "at" gmail.com) on Mon Jun 25th, 2012 at 12:55:11 PM EST
[ Parent ]
Turkey jet downed in 'international airspace' - Middle East - Al Jazeera English

Turkey has said that Syria shot down its military aircraft in international airspace and declared it would formally consult with NATO allies on a reaction.

Turkey's assertion came as reports said search teams had located the wreckage in Syrian waters at a depth of 1,300 metres. Turkish news channels reported this on Sunday without citing a source, after the foreign minister earlier had said search and rescue teams were still searching for the two missing pilots.

He said the search operations were in co-ordination with the Syrians, but could not be described as a "joint" operation.

The foreign minister said that the plane had been clearly marked as Turkish and said he did not agree with Syria's earlier statement it had not known the plane belonged to Ankara.

Speaking on state-run TRT television, Ahmet Davutoglu said the F4 fighter plane "was hit when it was a distance of 13 miles from the Syrian coast".

The plane entered Syrian airspace on Friday, but quickly left when warned, Davutoglu said.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:36:51 AM EST
[ Parent ]
BBC News - Turkey: Jet 'downed by Syria in international airspace'

UK Foreign Secretary William Hague said Syria's actions were "outrageous" and underlined "how far beyond accepted behaviour the Syrian regime has put itself".

"It will be held to account for its behaviour. The UK stands ready to pursue robust action at the United Nations Security Council."

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:45:02 AM EST
[ Parent ]
I wonder how the US, who have their own history of shooting down aircraft for no reason, will react ?

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Mon Jun 25th, 2012 at 03:42:30 AM EST
[ Parent ]
China conducts first manual space docking - Central & South Asia - Al Jazeera English

Chinese astronauts have carried out the nation's first manual space docking, a highly complex manoeuvre that will bring it a step closer to building a space station.

The manual "kiss in space" was the main goal of China's current manned mission, which began over a week ago when the Shenzhou-9 spacecraft lifted off carrying three crew members, including the nation's first female astronaut.

The manual docking took place around noon (0400GMT) on Sunday, state media said.

On June 18, the spacecraft came together in an automatic docking with the Tiangong-1 module in orbit around Earth, which the three astronauts entered several hours later - a first for China - and have been living in since.

In preparation for the manual docking, the Shenzhou-9 separated from the space module shortly after 11am (0300GMT) after all the astronauts returned to the cabin of the spacecraft.

The Tiangong-1 is an experimental module that will only stay in orbit until 2013 and will later be replaced, but is designed to test the docking technique essential to building a space station - which China aims to do by 2020.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:46:14 AM EST
[ Parent ]
US warns of 'imminent attack in Kenya' - Africa - Al Jazeera English

The US embassy in Kenya has warned of an imminent threat of an attack on the Kenyan port city of Mombasa and asked all its government workers to leave the coastal town, which has been hit by a series of attacks in the past.

Underscoring the threat, police said they recovered suspected bomb-making material in the capital Nairobi on Saturday, the second such discovery this week in the country.

The US embassy said in a statement dated June 22 on its website that it had also suspended travel for its government officials to Mombasa, a tourist destination popular with foreigners, until July 1.

Mombasa, the capital Nairobi and other parts of Kenya have suffered a series of grenade attacks since Kenya sent troops into Somalia last year to pursue al-Qaeda-allied al-Shabab fighters it blames for a surge in violence and kidnappings threatening tourism in east Africa's biggest economy.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:48:38 AM EST
[ Parent ]
China, Bhutan look to establish formal ties

China and the remote Himalayan nation of Bhutan have agreed to establish diplomatic relations and resolve a long-standing border dispute, China's foreign ministry said.

Chinese Prime Minister Wen Jiabao held talks with his Bhutanese counterpart Jigmi Y. Thinley on the sidelines of the UN Conference on Sustainable Development in Rio De Janeiro on Thursday, the ministry said in a statement.

"China is willing... to establish formal relations with Bhutan, resolve the border issue between the two nations at an early date, strengthen exchanges in all areas and advance Sino-Bhutanese relations to a new stage," Wen said.

China appreciated Bhutan's support for the "one China policy" which maintains that Taiwan and Tibet fall under China's sovereignty, Wen said.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 12:21:36 PM EST
[ Parent ]
Why Iran Should Get the Bomb | Kenneth N. Waltz | Foreign Affairs
Most U.S., European, and Israeli commentators and policymakers warn that a nuclear-armed Iran would be the worst possible outcome of the current standoff. In fact, it would probably be the best possible result: the one most likely to restore stability to the Middle East.
Most of the article is behind a paywall, but there is enough discussion in places like this to give you a good idea of what he says.
by gk (g k quattro due due sette "at" gmail.com) on Mon Jun 25th, 2012 at 05:58:16 AM EST
[ Parent ]
Enemies in a gasoline filled room threatening each other with matches.
-- Carl Sagan
by asdf on Mon Jun 25th, 2012 at 10:52:25 AM EST
[ Parent ]
Didn't I write something similar 5 or 6 years ago?

Wind power
by Jerome a Paris (etg@eurotrib.com) on Mon Jun 25th, 2012 at 10:58:45 AM EST
[ Parent ]
As a matter of fact, you did:

Daily Kos: Let Iran have the nuclear bomb - by Jerome a Paris - Mon Feb 21, 2005

Seriously, why shouldn't they?

  • Proliferation?

  • Putting nuclear weapons in the hands of terrorists?

  • Regional instability?

  • A threat to the US or to the West?

  • A bad precedent for other countries?

Debunking the above - and more arguments - below.


Europeans think a hundred miles is a long way. Americans think a hundred years is a long time.
by Bernard on Tue Jun 26th, 2012 at 03:11:21 AM EST
[ Parent ]
Seven years and they still are just a step away from a bomb.
by IM on Tue Jun 26th, 2012 at 03:13:30 AM EST
[ Parent ]
Yes, but he didn't publish this in a Serious place....
by gk (g k quattro due due sette "at" gmail.com) on Tue Jun 26th, 2012 at 05:07:56 AM EST
[ Parent ]
by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:19:21 AM EST
Insight: Farmers hit paydirt with irrigation in arid spring | Reuters

(Reuters) - Bouncing down a county back road, squinting as a blazing sun intensifies one of the hottest, driest Midwest springs ever, farmer Dale Tuholski steers his pick-up truck between fortune and failure.

To his left, new irrigation machinery sprays a fine mist across his corn field in northern Indiana, where emerald green plants sway in the breeze. To his right is a neighbor's land: the soil dry and dusty, the corn leaves curled.

Amid the warmest first five months of the year since 1894 in the U.S. heartland, a rapidly expanding minority of farmers like the Tuholskis and Kyle Clute - who manages 25,000 acres 100 miles southwest of Tuholski's farm - are taking out an expensive hedge against increasingly volatile weather: buying new irrigation equipment for their corn or soybean fields.

"We don't want Mother Nature to control our destiny anymore," said Clute, who farms corn and soybean fields in Warren County, Indiana.

The potent mix of ever-warmer weather and expectations of near-record farm income of $92 billion for 2012 is fueling all-time-high sales of such equipment, with revenues up a third or more at leading firms. Center-pivot irrigators are particularly popular with farmers in water-strapped areas because the machinery can extend the reach of limited natural resources.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:52:28 AM EST
[ Parent ]
Spraying water in an arid area ??? Good way to waste water if you ask me.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Mon Jun 25th, 2012 at 03:45:00 AM EST
[ Parent ]
Indiana is definitely not an "arid area".

Or at least, not until very recently.

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

by dvx (dvx.clt ät gmail dotcom) on Mon Jun 25th, 2012 at 08:56:29 AM EST
[ Parent ]
Newsflash.... Saving and stretching finite vital resources is a Good Thing.
How many depleted aquifers per farmer epiphany, one wonders. Israel had this stuff figured out 50 years ago. Nice to see such rapidly developing tech changes!

It's a fine line between homage, parody, and consumer opportunism. Jess Walter
by melo (melometa4(at)gmail.com) on Mon Jun 25th, 2012 at 04:31:40 AM EST
[ Parent ]
Many farmers in Weld County [Colorado] say they stand to lose millions upon millions of dollars worth of crops unless they get irrigation water -- and fast.

A group petitioned Gov. John Hickenlooper to allow them to take water from an underground aquifer but it was denied. He said he doesn't have the authority to allow them to draw water from the aquifer because it legally belongs to other people and municipalities.

Farmers usually use irrigation water that comes from snowmelt to grow their crops, but this year, since the snowpack was well below average, that water is literally running dry and they'll soon be out.

http://denver.cbslocal.com/2012/06/20/request-denied-for-weld-county-farms-to-pump-wells-2/

by asdf on Mon Jun 25th, 2012 at 10:55:00 AM EST
[ Parent ]
Trouble on the horizon for GM crops?

"We try to stay ahead of the game," he said. "We want to anticipate what genes are involved, so we can proactively develop strategies to sustain the efficacy of Bt crops and reduce reliance on insecticide sprays. The implicit assumption is what we learn from lab-selected resistance will apply in the field."

That assumption, according to Tabashnik, had never been tested before for resistance to Bt crops.

Now for the first time, the international team gathered genetic evidence from pests in the field, enabling them to directly compare the genes involved in the resistance of wild and lab-reared populations.

They found some resistance-conferring mutations in the field were the same as in lab-reared pests, but some others were strikingly different.

"We found exactly the same mutation in the field that was detected in the lab," Tabashnik said. "But we also found lots of other mutations, most of them in the same gene and one in a completely different gene."

A major surprise came when the team identified two unrelated, dominant mutations in the field populations. "Dominant" means that one copy of the genetic variant is enough to confer resistance to Bt toxin.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 12:14:52 PM EST
[ Parent ]
I'm beginning to believe that GM science types are all closet creationists: surprise abounds whenever evidence of ongoing evolution pops up.
by Andhakari on Mon Jun 25th, 2012 at 12:31:47 AM EST
[ Parent ]
Remote Siberian Lake Holds Clues to Arctic - and Antarctic - Climate Change

Intense warm climate intervals - warmer than scientists thought possible - have occurred in the Arctic over the past 2.8 million years. That result comes from the first analyses of the longest sediment cores ever retrieved on land. They were obtained from beneath remote, ice-covered Lake El'gygytgyn (pronounced El'gee-git-gin) ("Lake E") in the northeastern Russian Arctic.

The journal Science published the findings this week.

They show that the extreme warm periods in the Arctic correspond closely with times when parts of Antarctica were also ice-free and warm, suggesting a strong connection between Northern and Southern Hemisphere climate.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 12:22:48 PM EST
[ Parent ]
NOAA: Gulf of Mexico 'dead zone' predictions feature uncertainty

A team of NOAA-supported scientists is predicting that this year's Gulf of Mexico hypoxic zone could range from a low of approximately 1,197 square miles to as much as 6,213 square miles. The wide range is the result of using two different forecast models. The forecast is based on Mississippi River nutrient inputs compiled annually by the U.S. Geological Survey (USGS).

The smaller dead zone forecast, covering an area slightly larger than the state of Rhode Island, comes from researchers from the University of Michigan. Their predicted size is based solely on the current year's spring nutrient inputs from the Mississippi River which are significantly lower than average due to drought conditions throughout much of the watershed.

The larger dead zone forecast, the equivalent of an area the size of the state of Connecticut, is from Louisiana Universities Marine Consortium and Louisiana State University scientists.

The Louisiana forecast model includes prior year's nutrient inputs which can remain in bottom sediments and be recycled the following year. Last year's flood, followed by this year's low flows, increased the influence of this "carryover effect" on the second model's prediction.

Hypoxia is caused by excessive nutrient pollution from human activities coupled with other factors that deplete the oxygen required to support most marine life in bottom and near-bottom water.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 12:24:37 PM EST
[ Parent ]
by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:19:41 AM EST
BBC News - Anders Breivik trial: A 10-week ordeal

I'd left the courtroom and was watching his testimony on a large video screen in the courthouse press centre, just along the corridor. Breivik described what he admitted were "gruesome, barbaric acts".

He recalled how his victims had frozen in panic, unable to run, and how he'd calmly reloaded his gun and shot them, and how he'd tricked other young people out of their hiding places, then gunned them down too.

At that moment, I looked around the press centre. There were rows and rows of reporters, their heads buried in their laptops as they hurried to reproduce Breivik's words - and many of them were in tears at what they were having to type.

Words. The power of words. That's what I'll remember most about this trial.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:40:25 AM EST
[ Parent ]
Judge blocks Apple in Google smartphone war | Reuters

(Reuters) - A U.S. judge on Friday ruled that Apple Inc cannot pursue an injunction against Google's Motorola Mobility unit, effectively ending a key case for the iPhone maker in the smartphone patent wars.

The ruling came from Judge Richard Posner in Chicago federal court. He dismissed the litigation between Apple and Motorola Mobility with prejudice, meaning it can't be refiled.

The ruling is a blow for Apple, which had hoped a decisive ruling against Motorola would help it gain an upper hand in the smartphone market against Android.

"Apple is complaining that Motorola's phones as a whole ripped off the iPhone as a whole," Posner wrote. "But Motorola's desire to sell products that compete with the iPhone is a separate harm --- and a perfectly legal one --- from any harm caused by patent infringement."

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:57:59 AM EST
[ Parent ]
Selenium controls staph on implant material

Selenium is an inexpensive element that naturally belongs in the body. It is also known to combat bacteria. Still, it had not been tried as an antibiotic coating on a medical device material. In a new study, Brown University engineers report that when they used selenium nanoparticles to coat polycarbonate, the material of catheters and endotracheal tubes, the results were significant reductions in cultured populations of Staphylococcus aureus bacteria, sometimes by as much as 90 percent.

"We want to keep the bacteria from generating a biofilm," said Thomas Webster, professor of engineering and orthopaedics, who studies how nanotechnology can improve medical implants. He is the senior author of the paper, published online this week in the Journal of Biomedical Materials Research A.

Biofilms are notoriously tough colonies of bacteria to treat because they are often able to resist antibiotic drugs.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 12:17:21 PM EST
[ Parent ]
As someone who poisoned myself with selenium at university, I'm glad to know that it's had long term benefits for my health.

That which does not kill you makes you strong.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Jun 25th, 2012 at 03:49:00 AM EST
[ Parent ]
2012 Noctilucent Cloud Season Begins

Data from NASA's AIM spacecraft show that noctilucent clouds (NLCs) are like a great "geophysical light bulb". They turn on every year in late spring, reaching almost full intensity over a period of no more than 5 to 10 days--and the bulb is glowing.

"They were visible to the north for about 3 hours as we flew between Ottawa and Newfoundland at 35,000 feet" said Brian Whittaker.

These electric-blue ice clouds hang 53 miles (85 km) above Earth's surface, at the edge of space itself, circling the north and south pole regions.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 12:19:05 PM EST
[ Parent ]
An new theory of how Easter island statues were transpoerted is being tested:

by das monde on Mon Jun 25th, 2012 at 08:40:20 AM EST
[ Parent ]
by afew (afew(a in a circle)eurotrib_dot_com) on Sun Jun 24th, 2012 at 11:20:07 AM EST
Stolen bust of Auguste Rodin recovered after 13 years - Telegraph
A stolen bust of Auguste Rodin, sculpted by his lover, Camille Claudel, has been recovered 13 years after it was stolen from a museum in central France.

The 17.6lb, 23 inch treasure was stolen from the Guéret art and archaeology museum in 1999.

Looking grizzled with a furrowed brow and full beard, the rare, signed bronze portrait of the French sculptor - a precious remnant of his passionate romance with Claudel - is reportedly worth up to one million euros (£800,000).

French detectives were surprised to find it inside the truck of an antique seller who had been under surveillance for weeks.

by Fran (fran at eurotrib dot com) on Sun Jun 24th, 2012 at 04:50:11 PM EST
[ Parent ]
Just the thought of it - YUCK!

Silvio Berlusconi ready to run for Italy prime minister again - Telegraph

Silvio Berlusconi has said he is once again ready to "take charge" of the Italian government as October elections in the struggling country look increasingly likely.

Mario Monti, a technocrat who took over in November, has seen the country's public faith in him rapidly erode following the implementation of an austerity package.

Mr Berlusconi, 75, told a rally for his People of Freedom party on the outskirts of Rome: "This is no longer a situation of liberty. We are being governed by people who were not elected."

Seizing on the tax hikes and a hated new property tax introduced by Mr Monti he said: "We can no longer spend freely or privately our money our rights as home owners are abused."

by Fran (fran at eurotrib dot com) on Sun Jun 24th, 2012 at 04:55:53 PM EST
[ Parent ]
Well look who's back.

Yaaaaaaaaaaa!

http://www.youtube.com/watch?v=_wp4O7v5320

by THE Twank (yatta blah blah @ blah.com) on Sun Jun 24th, 2012 at 05:34:16 PM EST
[ Parent ]
This could be like reunion week. We've already got Putie. Now we need Blair and Sarko, and dare I hope, Cheney once Mitt gets in?

http://www.youtube.com/watch?v=_wp4O7v5320
by THE Twank (yatta blah blah @ blah.com) on Sun Jun 24th, 2012 at 05:38:09 PM EST
[ Parent ]
Maybe not Cheney, but certainly Karl Rove...
by asdf on Mon Jun 25th, 2012 at 11:14:24 AM EST
[ Parent ]


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