Your daily Economy dose!
This week the South Australian Government suddenly vowed to overturn its new electoral laws thanks to a volatile mix of tabloid incitement, voter ignorance and a premier leery of losing a looming election — all fuelled by Twitter’s meth-paced rumour mill. Should government 2.0 become mob territory
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SA’s Govt 2.0 became mob rule
The Seguin Chamber of Commerce General Meeting today focused on the change that is coming with State Highway 130 and speakers Scott Martinez and Charles Simon spoke about the impact the highway has had on their communities of Hutto and Pflugerville. The luncheon meeting room was packed with folks who are interested in how Highway 130 will affect Seguin and the surrounding area.
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State Highway 130 – change is coming
Fresh from victory, iiNet CEO Michael Malone spoke in a doorstop in front of the Federal Court about his win against the Australian Federation Against Copyright Theft . The federation, which represents film and television studios, first dragged iiNet (and its chief executive Michael Malone) into the Federal Court back in November 2008 , arguing that the ISP infringed copyright by failing to take reasonable steps — including enforcing its own terms and conditions — to prevent customers copying films and TV shows over its network
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iiNet’s victorious Michael Malone: Video
This was just reported by Scott Mobley at the Record Searchlight…and I have already heard rumblings saying “no way”. So, let’s get creative and see how we can turn this financial situation around….here is the article: Redding officials have discussed the idea of closing the heavily-subsidized Convention Center and funneling some of the savings to Turtle Bay Exploration Park, the Record Searchlight has learned.
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Status of Redding Convention Center…Not Good News for Me!
Accountants are essential to all organizations, as accountants log income and assets. To remain competitive today’s economy, organizations are actively seeking job candidates who are thoroughly knowledgeable of accounting theories and … price setting and product development, how to identify key customer needs and trends, how to promote products and services internationally, different communication avenues available in the digital age, and creative approaches that will …
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Online Business Degrees | Online Business
The Pirate Party Australia has welcomed iiNet’s internet piracy victory over a coalition of film and TV studios, describing it as “a victory for common sense”, while civil liberties group Electronic Frontiers Australia (EFA) said sanity had prevailed.
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EFA, Pirate Party: iiNet win ‘common sense’
Hot on the heels of Telecom New Zealand’s major XT 3G network outage , its legacy CDMA network has also gone down. Telecom spokesperson Katherine Murphy said the 9am outage lasted just over half an hour and blamed a hardware fault. Murphy added that customer impact was limited thanks to overlapping coverage and Telecom backup procedures.
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Telecom NZ’s other mobile network fails
The Australian Federation Against Copyright Theft (AFACT) today said it was disappointed by its losing position in the internet piracy trial against local internet service provider (ISP) iiNet, but said it believed the verdict was not what the Federal Government wanted. Justice Cowdroy today handed iiNet a sound victory in the Australian ISP’s long-running battle against a coalition of film and television studios, finding in the Federal Court that iiNet did not authorise copyright infringement carried out by its customers using the BitTorrent file-sharing platform
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AFACT looks to govt after court loss
In response to a report on opening up government information, the Victorian Government has said that the base work for opening up its information, also called Government 2.0, will be laid out this year, with the default position being that all information should be accessible.
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Vic govt: Government 2.0 due this year
The British private equity firm Terra Firma is considering asking investors to invest up to an additional £120 million ($191 million) in EMI, the troubled record label it owns, to avoid defaulting over the next year, a person briefed on the matter told DealBook on Wednesday.
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Terra Firma Considers Investing More in EMI
Reuters is quoting President Obama: “One of the challenges that we’ve got to address internationally is currency rates and how they match up to make sure that our goods are not artificially inflated in price and their goods are artificially deflated in price. That puts us at a huge competitive disadvantage.” Pimco’s Paul McCulley listed this as one of the key issues for 2010: The first issue is the peg between the Chinese yuan and the U.S
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Obama Vows to Address Yuan Exchange Rate Issue
Here’s a curious case of rebranding. Comcast is probably the best known cable company in the country, but that isn’t always the best thing apparently. That must explain why the megacorp is changing its name to Xfinity, at least for its cable, high-speed Internet and phone services and products
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Comcast changing its name to Xfinity for cable, Internet, phone services
ZDNet.com.au has obtained permission to publish Justice Dennis Cowdroy’s summary — read this morning in court — to help understand the judgement of the iiNet versus Australian Federation against Copyright Theft court case. The studios first brought iiNet into the Federal Court back in November 2008 , arguing that the ISP infringed copyright by failing to take reasonable steps — including enforcing its own terms and conditions — to prevent customers copying films and TV shows over its network. However, in a packed courtroom in Sydney today, Justice Cowdroy said he found that iiNet did not authorise the infringement of the studios’ copyright
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Document: Judge’s summary of iiNet trial
Now that the bottled-up, rumour-fed hyperbole has died off, and now that the naysayers have had their, well, naysay — only now can the real contemplation of Apple’s iPad begin. And while the device is certain to shake up a broad range of online industries, one of its biggest lessons may well be for the world’s telecommunications carriers
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iPad teaches telcos to walk again
Electronic throttle systems are under review by U.S. safety officials as a possible cause of sudden acceleration in Toyota vehicles, as alleged in at least seven lawsuits
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Toyota’s Electronics Said to Be a Focus of U.S. Recall Probe
The good news in the high-yield credit markets is that default rates could fall by as much as half of 2009’s near-record levels, Edward I. Altman, the debt specialist, said. The bad news is that 2011 could prove the start of another down cycle.
3 /PRNewswire-USNewswire/ — The United States Hispanic Chamber of Commerce (USHCC) will host its 20th Annual Legislative Summit in Washington, D.C., from March 22 – 24, 2010. Still celebrating its 30th anniversary, the USHCC offers …
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Immigrants In USA Blog: United States Hispanic Chamber of Commerce …
In an announcement yesterday, the Victorian Energy and Resources Minister Peter Batchelor has called for a full review of smart meter consumer regulations following new electricity pricing structures and negative reaction. Batchelor also announced that he would temporarily stop charges for using the devices, which was introduced in September 2009, if the need arose. “I’m prepared to consider all options including, if necessary, imposing a moratorium on new tariffs until the regulatory investigation is complete,” said the minister.
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Vic smart meters under review
Justice Cowdroy today handed iiNet a sound victory in the Australian ISP’s long-running battle against a coalition of film and television studios, finding that iiNet did not authorise copyright infringement carried out by its customers.
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Why the court ruled for iiNet
Caracas, February 3, 2010 (venezuelanalysis.com) – Yesterday, Venezuela celebrated eleven years since President Hugo Chavez was first elected in 1998 on the back of a wave of popular rebellion against neo-liberalism in the Latin American country, signifying for many the beginning of what is referred to as the “Bolivarian Revolution”, a radical social process named after Latin American independence hero, Simón Bolivar. By Kiraz Janicke – Venezuelanalysis.com read more
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[news] Venezuela Celebrates 11 Years of “Bolivarian Revolution” & Further Cabinet Changes Announced
Promoted by Steven- It's really not the the money in politics that really irritates but the use to which it is put. An email leak has California GOP Candidate Steve Poizner in an uproar. Quote: An e-mail in which an adviser to candidate Meg Whitman threatened to spend $40 million or more to ruin her fellow Republican Steve Poizner's reputation provided a rare glimpse this week at the tough tactics in the high-stakes race for California governor.
The Premier Online Trading Destination for Commodity and Futures Traders. We provide REAL TIME Commentary, Research, Trades and Info! From Index Futures to Grain Futures and Energy Futures to the Softs, Interest Rate Futures, …
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InsideTheMarket.com | Futures & Commodity Market Trading Blog …
Australian ISP iiNet was today announced as the victor in its long-running defence against a lawsuit by major film and TV studios represented by the Australian Federation Against Copyright Theft (AFACT). iiNet chief Michael Malone (Credit: iiNet) Justice Cowdroy announced the verdict to a packed courtroom in Sydney today
From Jon Prior at HousingWire: Mortgage Delinquencies Pass 10%: LPS Home-loan delinquency rates in the US reached 10% in December, up from the record-high 9.97% in November, according to Lender Processing Services … which provides data on mortgage performance. Accounting for foreclosures in the pipeline, the total non-current rate stands at 13.3% ….
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LPS: Mortgage Delinquencies Reach 10%
Prime Minister Kevin Rudd has stood by his communications minister despite an audit office report critical of the way the government handled a tender process for its initial broadband network. The failed process cost the government and proponents more than $30 million, including $17 million for the Department of Broadband, Communications and the Digital Economy.
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Rudd backs Conroy’s NBN failure
Just about everybody realizes that the Stimulus did did not stimulate our economy. In fact, it was probably quite counter-productive, since the borrowed debt and newly printed Dollar Bills have severely weakened the Dollar in comparison to other currencies like the Euro, Yen and Pound Sterling
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Fix The Balance Sheet, Fix Our Economy
Some interesting, volatile trading action today. Day traders who observed our daily webinar saw some good trade setups in live mode like the chart shown below (red arrows = suggested sell, blue arrows = suggested buy). …
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Futures Trading Levels & Economic Calendar for February 4th, 2010 …
One of my oldest and dearest friends, Guillermo Becerra, is the CFO of the American Red Cross of Greater Chicago. I asked him how I could help him, and the Red Cross, during what must be an incredibly busy time post-Haiti earthquake.
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Help The The American Red Cross of Greater Chicago Help Haiti
So many of you are no longer working for the Big 4 or next tier firms. Those of you who had a chance to stay long enough – not as common as in the past and more often not your choice these days – may be thinking about setting up …
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Guest Post From Greg George: Thinking Of Striking Out On Your Own? Be Careful!
Dear Madame: Thank you for your recent submission to the Public Company Accounting Oversight Board (PCAOB). We appreciate your taking the time to contact us. This automated response confirms that the PCAOB has received your communication. The PCAOB’s mission is to oversee the auditors of public companies in order to protect the interests …
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Do You Have Something To Tell The PCAOB?