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Archive for September, 2011

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Is it time to say goodbye to big banks?

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

29/09/2011

The big boys like Bank of America and Citibank are having problems with share prices and profitability, and the upstarts are hitting them while they’re down.

New banks and bank-like companies including BankSimple and PerkStreet are creating cheaper online accounts.
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Demi Moore’s Romantic and Sartorial Evolution

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

29/09/2011

A very sad (or happy, if you don’t like them) rumor has been circulating on the celebrity gossip sites today: Demi Moore and Ashton may be splitting up. And while we know not to believe everything we read on gossip blogs, this rumor is somewhat believable for a few reasons:they spent their six-year anniversary apart, and the chronic Twitter oversharers haven’t been tweeting at each other.
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Why U.S. credit cards fail overseas

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

29/09/2011

For comedian Dan Nainan, who has traveled to 10 countries already this year, trying to use his U.S. credit cards to buy train tickets in Hong Kong or rent a bike in Toronto was no laughing matter. Each time he swiped his card, the transaction could not be processed.

“The machine has no idea that any country would be so stupid as not to have the same kind of credit card the rest of the world does,
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$1 Trillion In Hidden Losses At German Banks

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

28/09/2011

With Deutsche Bank skirting by at greater than 50:1 leverage, this should not be a surprise. French banks should be assumed to be hiding similar losses. Clip runs 90 seconds.
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How to see Copenhagen in four hours

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

28/09/2011

It’s early morning and you just realised that your travel department booked you on a flight with a four-hour stopover in Copenhagen in contrast to the direct flight you normally get. You may think this is another one of those ridiculous cost saving tasks recently implemented by your company.

We disagree and think someone really liked you and gave you a well-deserved mini-break
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Paris fashion week strutting under cloudy economy

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

28/09/2011

Paris Fashion Week kicked off on Tuesday under a cloud of economic pessimism mixed with uncertainty about the creative direction of some of the world’s biggest fashion brands including Dior, Louis Vuitton, Celine and Yves Saint Laurent.
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20 Reasons Why Millions Of Americans Under The Age Of 30 Are Giving Up On The U.S. Economy

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

27/09/2011

Millions upon millions of young Americans have completely lost faith in the U.S. economy and are mad as hell that their economic futures have been destroyed. The recent economic downturn has hit those under the age of 30 the hardest. Today, there are hordes of young people that should be entering their most productive years that are sitting home with nothing to do.
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Balancing your portfolio in a bonkers market

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

27/09/2011

Balance is a rare bird these days. Jobs, housing, stocks, European debt: All seem to be in a spasmodic tailspin.

There is some consolation that a balanced portfolio can help smooth out the jagged curves of a bipolar market economy. But balance is rarely what we think it is, and it needs constant monitoring.
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Emporio Armani Spring 2012: Crisp and Clean

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

27/09/2011

When Emporio Armani’s models marched down the runway wearing straw boater hats and menswear inspired black and white cuts, one word came to mind: Coco. Sure, that’s an obvious one, but it’s a risky bet to take when Chanel’s last couture collection opted for similar headpieces and a similar (and hallmark) color palette.
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Beautiful Cornwall’s struggle shows UK plight

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

27/09/2011

When Dee Prior lost her job in customer services last year, she was confident something else would come along quickly to keep her afloat. Within weeks she was penniless, evicted from her home in western England and battling a nervous breakdown.

Welcome to post-recession Britain where, for so many at the bottom of the ladder, it still feels like a depression.
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www.diafthora.com,our site soon:to Fight against Corruption in Greece-E.U

Ever since antiquity, corruption has been one of the most widespread and insidious of social evils. When it involves public officials and elected representatives, it is inimical to the administration of public affairs. Since the end of the 19th century, it has also been seen as a major threat in the private sphere, undermining the trust and confidence which are necessary for the maintenance and development of sustainable economic and social relations. It is estimated that hundreds of billions of Euros are paid in bribes every year.

Pentagon’s ‘lost’ trillions went to people connected to US military-industrial complex

Former Republican congressman and presidential candidate Ron Paul has said that “the Pentagon’s lost trillions have nothing to do with defense, adding that the “money propping up the high lifestyles of those connected to the military-industrial complex.” Dr. Paul, a three-time American presidential candidate and the founder of the Ron Paul Institute for Peace and Prosperity, made the remarks in an article published by his website on Monday. Deputy US Secretary of Defense Patrick Shanahan has recently acknowledged that the Pentagon has failed its first-ever comprehensive audit, saying, “We failed the audit, but we never expected to pass it.” “It was an audit on a $2.7 trillion dollar organization, so the fact that we did the audit is substantial,” Shanahan claimed. The first-ever audit of the of the $2.7 trillion enterprise that is the Pentagon identified widespread problems in cybersecurity, but found little in the way of savings that could offset potential budget cuts next year, according to officials. Pentagon’s comptroller David Norquist, who has played a key role in the audit, said after the report release that although no glaring instances of fraud were detected in the US military establishment, its Army, Navy, Air Force, Marines, Special Operations and the Transportation Command all received failing grades.

“The Outlook For The Global Economy Has Deteriorated”: Oil, Copper And Lumber

Oil, copper and lumber are all telling us the exact same thing, and it isn’t good news for the global economy. When economic activity is booming, demand for commodities such as oil, copper and lumber goes up and that generally causes prices to rise. But when economic activity is slowing down, demand for such commodities falls and that generally causes prices to decline. In recent weeks, we have witnessed a decline in commodity prices unlike anything that we have witnessed in years, and many are concerned that this is a very clear indication that hard times are ahead for the global economy. Let’s talk about oil first. The price of oil peaked in early October, but since that time it has fallen more than 25 percent, and the IEA is warning of “relatively weak” demand out of Asia and Europe…

Amazon Rolling Out ‘Amazon Pay’ Digital Wallet In Physical Stores

As FAANG stocks lead the market lower during what has become a relentless Q4 selloff, Amazon is hoping to reassure anxious investors that the company's relentless expansion and revenue growth will continue. To wit, the company is taking another big step toward establishing itself as the American WeChat or Alipay as it seeks to become the dominant player in electronic consumer payments in the US and beyond. According to the Wall Street Journal, the e-commerce giant is hoping to undercut Apple's Apple Pay by persuading more brick-and-mortar merchants to accept its Amazon Pay digital wallet. As it tries to build a foothold in payments outside of its Amazon Go stores, the company is reportedly focusing on building partnerships with restaurants and gas stations (businesses that have yet to be scalped by the Bezos revenue-absorption machine). To entice owners to give Amazon Pay a try, the company is dangling what appears to be a pretty enticing carrot: Amazon is promising to lower processing costs at a time when so-called "interchange" fees charged by Visa and MasterCard have been rising.

YouTube Lets California Fire Conspiracy Theories Run Wild

The Camp Fire in California has killed at least 79 people, left 699 people unaccounted for, and created more than a thousand migrants in Butte County, California. In these circumstances, reliable information can literally be a matter of life death. But on YouTube, conspiracy theories are thriving. Currently, when a user starts typing “California fire” into YouTube, the top autocomplete search suggestions are “conspiracy 2018,” “agenda 21,” and “laser beam,” all of which refer to conspiracy theories related to California’s wildfires. Similarly, typing in “California wildfire” leads YouTube to suggest “lasers,” “directed energy weapon,” and “dew,” which is an acronym for “directed energy weapon.” Simply typing “California fire” and searching it does return straightforward news coverage, which is an improvement over, say, the false flag and crisis actor conspiracies YouTube was surfacing about the Marjorie Stoneman Douglas High School mass shooting earlier this year. Believers of this false California wildfire conspiracy theory think that the US government shoots directed energy weapons, or lasers, from a plane in order to to start fires at predetermined targets. The goal of this attack, which is not actually happening, is to support a bastardized interpretation of “Agenda 21,” a sustainable development plan developed by the United Nations in 1992. This conspiracy theory also gained a little bit of traction on Twitter. The conspiracy theorists use doctored or out-of-context images in order to falsely argue that directed energy weapons, or laser beams, caused the wildfires in California—not climate change. By incorrectly claiming that the houses were consciously struck, these theorists ignore ecological science which explains that the arrangement of homes and topography of the land