June 2011
132 posts
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Oxfam has called for the public release of the... →
Oxfam’s Sarah Wynn-Williams said: “This farcical appointment process has damaged the IMF’s credibility.
Agreed. But still think Lagarde is a fine choice.
J N O M I C S
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“Imagination is everything. It is the preview of life’s coming attractions.”
– Albert Einstein
J N O M I C S
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“We need to put our country back in the future business.”
– President Bill Clinton (via Newsweek)
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Microsoft launches cloud version of Office -... →
Microsoft is set to place one of its biggest bets yet on cloud computing with the launch of Office 365, an online version of its most widely used business software.
The software company’s belated push online with one of its core businesses comes more than four years after Google came up with its own service, but has still left it in a strong position to dominate the market for online...
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“Not until we are lost do we begin to understand ourselves.”
– Henry David Thoreau, Walden (via toutpourlamour)
J N O M I C S
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“I don’t care how much it costs—whether it costs more or...”
– Your Business Card Is A Billboard For Your Brand—What Does Yours Say? | Fast Company
Vision and character matter.
J N O M I C S
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“The first principle of management is to observe and to understand the true...”
– Wadah Khanfar - Al Jazeera Editorial Director (via Fast Company)
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America has double standards in fighting cyberwar... →
J N O M I C S
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Goldman's Paperwork Flub: Lack of Basic Contracts... →
Goldman Sachs Group Inc. had no standard contracts in place to protect itself when it made $1.3 billion in options trades for Libya’s sovereign-wealth fund controlled by Col. Moammar Gadhafi, according to people familiar with the situation.
While such contracts aren’t required by law, they are routine operating procedure at banks and securities firms around the world when ...
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Euphoria Around Stonewall Inn as Marriage Bill... →
Progress.
J N O M I C S
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Facebook pokes big brands into action - FT.com →
Many of the largest global companies have discovered the value of communicating with customers on their fan pages and building awareness of their brands with the “like” button, they said. Small, niche businesses, even those whose customer base still reads newspapers, must follow suit or risk languishing in offline oblivion.
J N O M I C S
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“A default is not free,” said Jaime Abut, a business consultant in Rosario, a...”
– As Greece Ponders Default, Lessons From Argentina - NYTimes.com
J N O M I C S
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As Greece Ponders Default, Lessons From Argentina... →
If anything, economists say, Greece’s prospects could prove worse. Argentina was, and is, a big exporter of agricultural products, and it runs a foreign trade surplus. The bulk of the Greek economy is services, particularly tourism, and Greece perennially runs a trade deficit.
J N O M I C S
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Debt Rising in Europe - Map - NYTimes.com →
Interesting.
J N O M I C S
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Same-Sex Marriage Is a Mixed Blessing -... →
My hope comes with some worry, however.
While many in our community have worked hard to secure the right of same-sex couples to marry, others of us have been working equally hard to develop alternatives to marriage. For us, domestic partnerships and civil unions aren’t a consolation prize made available to lesbian and gay couples because we are barred from legally marrying. Rather, they ...
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China blocks billion-dollar Airbus order - FT.com →
China has blocked a multi-billion dollar order for 10 Airbus superjumbo aircraft in a sharp escalation of Beijing’s protests against Europe’s plan to bring international airlines into its emissions trading scheme from the start of next year.
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Airbus Posts Runaway Paris-Order Victory -... →
Airbus just kicked Boeing’s ass.
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“McAfee said later that Watson technology is bound to penetrate the enterprise...”
– Enterprise 2.0 Is Growing Up - Venture Capital Dispatch - WSJ
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Postponing Greece’s inevitable default | The... →
Even though the Greek parliament has given the government some breathing space with its vote of confidence late on Tuesday, a default by Greece is inevitable. With a debt to gross domestic product ratio of more than 150 per cent, large annual deficits and interest rates more than 25 per cent, the only question is when the default will occur. The current negotiations are really about postponing...
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FT.com / China - China releases artist Ai Weiwei... →
Ai Weiwei, China’s most famous living artist, has been freed on bail after more than two months in custody, Chinese state media said on Wednesday, citing the Beijing police department.
The police department said he was released because of “his good attitude in confessing his crimes” and because he suffers from a “chronic disease”.
A good day. J N O M I C S
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Chinese mass transit: On the right track | The... →
China has taken an alternative road. Having for decades largely neglected the need for efficient light-rail systems as its cities grew, it is now in the midst of metro-mania. Last year the number of subway carriages in service across the country grew by 50%, with more than 30 cities in the process of building new metro lines. In almost every case, the financial model has been to provide direct...
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“Responding properly to all this is an engineering nightmare and a political...”
– Mohamed El-Erian
Greek crisis threatens European decade of economic implosion | The A-List | Must-read views on today’s top news stories – FT.com – FT.com
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“Elsewhere there were modest signs of a slowdown in growth but little evidence...”
– FT.com / US / Economy & Fed - Beige Book confirms break in supply chain
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“Atlanta expects any lost auto production to be made up later in the year,...”
– FT.com / US / Economy & Fed - Beige Book confirms break in supply chain
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Fed Beige Book - Current Economic Conditions June... →
Reports from the twelve Federal Reserve Districts indicated that economic activity generally continued to expand since the last report, though a few Districts indicated some deceleration.
J N O M I C S
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“On my trip, luckily I heard that Renesas is now experiencing signs of a pick-up...”
– Jim O’Neill - Chairman Goldman Sachs Asset Management
How a Japanese chipmaker reflects direction of growth | The A-List | Must-read views on today’s top news stories – FT.com – FT.com
J N O M I C S
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“There are some structural issues with our economy where a lot of businesses have...”
– President Barack Obama
Technology and unemployment: Are ATMs stealing jobs? | The Economist
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Siemens US chief calls for infrastructure fix -... →
Nine months ahead of presidential elections in Russia neither President Dmitry Medvedev nor his predecessor – and now prime minister -Vladimir Putin, have declared that they will enter the contest. Their apparent indecision and the uncertainty is it is arousing amongst Russians and the business community are beginning to have a real impact. But Mr Medvedev calls for patience.
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Siemens US chief calls for infrastructure fix -... →
Eric Spiegel, chief executive of Siemens Corp, tells the FT’s Ed Crooks that the US should look to public-private partnerships to overhaul weak infrastructure. He says that despite high unemployment, Siemens is having a hard time finding qualified workers for new manufacturing plants.
J N O M I C S
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“Ask a buy-side analyst why Amazon or Apple fetches the price-earnings multiple...”
– Collaboration as an Intangible Asset - Robert J. Thomas - The Conversation - Harvard Business Review
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Why American Management Rules the World - Nicholas... →
Over the past decade, a team from Harvard Business School, London School of Economics, McKinsey & Company, and Stanford has systematically surveyed global management. We have developed a tool to measure management practices across operational management, monitoring, targets, and people management. We scored each dimension on a range of practices to generate an overall management score,...
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Watch(via Charlie Rose - A conversation with Alan Greenspan)
Fascinating. A modern political and economic philosopher.
J N O M I C S
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FT.com / Books / Non-Fiction - The Next... →
In this book, Professor Spence – a Nobel laureate and former chairman of the independent Commission on Growth and Development – sets out to explain “the future of economic growth in a multispeed world”. That future is, he believes, a bright one, in which perhaps 75 per cent of humanity will enjoy standards of living similar to those of today’s high-income countries by the middle of this...
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“I believe that every faith I have encountered draws its adherents closer to God....”
– GOP Presidential Candidate Mitt Romney
Mormons: They’re here, they’re square, get used to it! | The Economist
J N O M I C S