#TV |
- Putin says U.S. fails to cooperate in Syria..“It seems to me that some of our partners have mush for brains.”
- Gold soars into green year-to-date..breaks above key technical level
- Dell agrees to $67bn EMC takeover
- Judges plan to outlaw climate change “denial”
- Facebook and other internet giants could be barred from sending European citizens’ personal information to the US
Posted: 15 Oct 2015 03:11 PM PDT
President Vladimir V. Putin of Russia criticized the United States and others on Tuesday for what he said was their lack of cooperation with the Russian military campaign in Syria, suggesting that they had "mush for brains." Mr. Putin was responding to widespread accusations in the West that Russian warplanes were targeting practically every group opposed to the Syrian government except the Islamic State, also known as ISIS or ISIL. He complained that while the Russian government had asked for the coordinates of the groups that should or should not be attacked, the United States had not responded to either request. "Recently, we have offered the Americans: 'Give us objects that we shouldn't target.' Again, no answer," he said. "It seems to me that some of our partners have mush for brains." In Washington, defense and military officials have privately described the reluctance to work with Russia as a trust issue. First, they fear that the Russians might use the coordinates to target the groups the Americans do not want attacked. Second, Syrian opposition groups are already suspicious that the United States is coordinating with Russia on the attacks, a perception the Pentagon does not want to feed, the officials said. ———– hes on it! “Recently, we have offered the Americans: 'Give us objects that we shouldn't target.' Again, no answer," he said. "It seems to me that some of our partners have mush for brains." putin is playing with them..he knows they wont give him targets of the black flag wavers because they are western assets! 401 Filed under: Russia, Syria, USA, World News   |
Gold soars into green year-to-date..breaks above key technical level Posted: 15 Oct 2015 03:06 PM PDT
http://www.zerohedge.com/news/2015-10-14/gold-soars-green-year-date-breaks-above-key-technical-level Gold has broken above its 200-day moving-average and pushed back into positive territoiry for 2015 amid a notable surge in prices (after whipsawing around in the last 24 hours). As the USD Index suffers its first ‘death cross’ in over 2 years. Gold is reversing its earlier losses as retail sales weakness prompts expectations of moar easing to save the world. This among other reasons is why Elliott Management’s billionair manager Paul Singer told a conference in tel Aviv this morning that he likes gold and the precious metal “should be in every portfolio.” Noting that it has been “treated unfairly,” Singer says gold should be as much as 10% of everyone’s assets. ———– “death cross”..sounds ominous..if gold is going back up and has broken through this barrier then it maybe a sign that something else is about to go down.. 401 Filed under: World Finances, World News   |
Dell agrees to $67bn EMC takeover Posted: 15 Oct 2015 03:04 PM PDT
http://www.bbc.com/news/business-34505553 US computer giant Dell has agreed a deal to buy data storage company EMC for $67bn (£44bn). EMC shareholders will receive $33.15 per share, $24.05 of which will be in cash. If approved by regulators, the deal would be the biggest in history between two technology companies. Falling demand for PCs means Dell is looking to expand into more lucrative businesses, and it has identified data storage as a key growth area. “Our new company will be exceptionally well-positioned for growth in the most strategic areas of next-generation IT ,” said Dell boss Michael Dell. EMC boss Joe Tucci said: “The waves of change we now see in our industry are unprecedented and, to navigate this change, we must create a new company for a new era”. Mr Dell will be chairman and chief executive of the combined group that, Dell said, would be the world’s “largest privately-controlled, integrated technology company”. The exact cost of the deal will depend on the value of shares in VMware, the software company controlled by EMC. VMware will remain an independent, listed company. The price per share agreed represents a 20% premium on Friday’s EMC closing share price of $27.86. EMC shares were up about 4% in pre-market trading on Monday. The deal is expected to close some time between May and October 2016. Analysts suggested the deal was a brave move by Dell. “Dell wants to become the old IBM Corp, a one-stop shop for corporate clients,” said Erik Gordon from the University of Michigan’s Ross School of Business. “That model fell apart a couple of decades ago. Reviving it would be a stunning coup for Dell.” Dell is paying $US67 billion in cash and stock to buy up EMC, a $US54 billion IT titan best known for its data storage products, in the biggest tech merger deal ever. Plus, Dell gets a controlling stake in VMware, a $US34 billion cloud computing software vendor in its own right, which was 85 per cent owned by EMC. Dell is raising around $US40 billion in debt financing to make this deal happen. HP CEO Meg Whitman told employees today that Dell is likely liable for $US2.5 billion in interest alone on that debt every year. So why did EMC want to sell? Why did Dell want to buy? And does this acquisition have a chance of saving either company? The problem for both Dell and EMC, is that this merger doesn't solve either of their problems. Cloud computing is still eating away at the enterprise services market, with an increasing number of companies choosing to simply host some or all of their IT infrastructure withAmazon Web Services, Microsoft Azure, or Google Cloud Platform, in efforts to save on their server bills. So while this deal may well make Dell's storage business more competitive with HP, it's just making it bigger fish in a shrinking pond. HP and IBM are going through their own painful transformations to fit this new market, so at least Dell's not alone, but it's still a time of great transformation. Plus, Dell will now be responsible for EMC's complicated corporate structure, streamlining it into its own existing (and large) operation. In short, Dell's purchase of EMC certainly gives it access to a bunch of new markets. But unless Dell has some kind of Hail Mary planned for its new friends at EMC, it's difficult to see how this acquisition is going to be worth the sheer amount of cash it had to pay in the long run. ———- a massive takeover..one of the biggest for the year.. “In short, Dell's purchase of EMC certainly gives it access to a bunch of new markets. But unless Dell has some kind of Hail Mary planned for its new friends at EMC, it's difficult to see how this acquisition is going to be worth the sheer amount of cash it had to pay in the long run.” data and data storage is power and control..and it involves valuable information as well.. 401 Filed under: USA, World News   |
Judges plan to outlaw climate change “denial” Posted: 15 Oct 2015 03:01 PM PDT
http://www.telegraph.co.uk/comment/11924776/Judges-plan-to-outlaw-climate-change-denial.html We might think that a semi-secret, international conference of top judges, held in the highest courtroom in Britain, to propose that it should be made illegal for anyone to question the scientific evidence for man-made global warming, was odd enough to be worthy of front-page coverage. Last week I mentioned that the Prince of Wales had sent a message to this conference calling for the UN's forthcoming climate meeting in Paris to agree on "a Magna Carta for the Earth". But only a series of startling posts by a sharp-eyed Canadian blogger, Donna Laframboise (onNofrakkingconsensus), have alerted us to what a bizarre event this judicial gathering turned out to be (the organisers even refused to give her the names of those who attended). Including senior judges and lawyers from across the world, the three-day conference on "Climate Change and the Law" was staged in London's Supreme Court. It was funded, inter alia, by the Supreme Court itself, the UK government and the United Nations Environment Program (UNEP). As one of the two UN sponsors of its Intergovernmental Panel on Climate Change, UNEP has been one of the main drivers of alarm over global warming for 40 years. The organiser and chairman of the conference was the Supreme Court judge Lord Carnwath, a fervent believer in man-made climate change, who has worked with the Prince of Wales for more than 20 years, and with UNEP since 2002. The purpose of this strange get-together was outlined in a keynote speech (visible on YouTube) by Philippe Sands, a QC from Cherie Blair's Matrix Chambers and professor of law at University College, London. Since it is now unlikely that the world will agree in Paris to a legally binding treaty to limit the rise in global temperatures to no more than 2 degrees C from pre-industrial levels, his theme was that it is now time for the courts to step in, to enforce this as worldwide law. Although his audience, Sands said, would agree that the scientific evidence for man-made climate change was "overwhelming", there were still "scientifically qualified, knowledgeable and influential individuals" continuing to deny "the warming of the atmosphere, the melting of the ice and the rising of the seas", and that this is all due to our emissions of CO2. The world's courts, led by the International Court of Justice, said Sands, could play a vital role "in finally scotching these claims". "The most important thing the courts could do," he said, was to hold a top-level "finding of fact", to settle these "scientific disputes" once and for all: so that it could then be made illegal for any government, corporation (or presumably individual scientist) ever to question the agreed "science" again. Furthermore, he went on, once "the scientific evidence" thus has the force of binding international law, it could be used to compel all governments to make "the emissions reductions that are needed", including the phasing out of fossil fuels, to halt global warming in its tracks. The fact that it could be seriously proposed in the highest courtroom in the land that the law should now be used to suppress any further debate on what has become one of the most contentious issues in the history of science (greeted with applause from the distinguished legal audience) speaks volumes about the curious psychological state to which the great global warming scare has reduced so many of the prominent figures who today exercise power and influence over the life of our Western societies. For perspective, we need only think of the likely responses to all this claptrap by China and India (which has just announced that it intends to triple its CO2 emissions by 2030). Not only have they already kicked into touch any chance of a "binding climate treaty" in December. At the thought of these self-important lawyers trying to force them to comply by international law, they will merely respond with inscrutable smiles, as they continue to rely on fossil fuels to power what will soon be the two largest economies in the world. https://www.flickr.com/photos/kcl_law/21326561469/ A key group of the world's leading judges, lawyers and legal academics met in September (17 – 19) 2015 for a special three-day symposium on climate change and adjudication, hosted by The Dickson Poon School of Law at King's College London, with the support of The UK Supreme Court, HM Government, the Journal of Environmental Law, the Asian Development Bank and the United Nations Environment Programme. http://nofrakkingconsensus.com/2015/10/03/climate-secrets-at-the-uk-supreme-court/ Last month, the UK Supreme Court co-sponsored a 3-day climate change conference. There are a number of reasons why this should ring alarm bells, but organizers have unexpectedly added another one: refusal to answer routine media inquiries. The organizers of this conference weren't shy about promoting it. A keynote speech was live-streamed over the Internet, with viewers invited to pose questions via a unique Twitter hashtag. 170 high-resolution images were subsequently posted to the Flickr photo-sharing service, making it clear that camera shutters were busy throughout and that no one in attendance had any reasonable expectation of privacy. In many of these photos, participant name tags are discernible. Name cards are also in evidence on conference tables. Yet a complete list of participants is Secret #1. As organizer Emily Barritt advised me in a Sept. 29 e-mail:
This conference received public funding from three separate sources. In addition to the Supreme Court, Her Majesty's Government was also an official sponsor. The primary organizer was the Dickson Poon Law School at the publicly-funded King's College London. Yet organizers refuse to reveal the the identities of the "leading judges, lawyers and legal academics" who traveled from 11 other nations to do all that schmoozing and drink all that wine. ———– this is real..its not a hoax..its what the establishment wants to bring down on our heads.. “There are a number of reasons why this should ring alarm bells, but organizers have unexpectedly added another one: refusal to answer routine media inquiries.” transparency.. “the Prince of Wales had sent a message to this conference calling for the UN's forthcoming climate meeting in Paris to agree on "a Magna Carta for the Earth" oh really? a magna carta for earth.. and what law will be the main pillar for this? “propose that it should be made illegal for anyone to question the scientific evidence for man-made global warming” see you in the slammer.. 401 Filed under: Climate Change, UK, World News   |
Posted: 15 Oct 2015 02:56 PM PDT
http://www.skynews.com.au/news/top-stories/2015/10/07/eu-strikes-down-us-data-deal.html Facebook and other Internet giants could be barred from sending European citizens’ personal information to the US after the EU’s top court struck down a key transatlantic data deal in the wake of the Edward Snowden scandal. The landmark verdict stemmed from a case lodged by Austrian law student Max Schrems, who challenged the ‘Safe Harbour’ agreement between Washington and Brussels in 2000 on the grounds it did not properly protect European data. Facebook has called for Washington and Brussels to sort out the situation urgently, insisting the case was ‘not about Facebook’ and that it had done nothing wrong. ‘It is imperative that EU and US governments ensure that they continue to provide reliable methods for lawful data transfers and resolve any issues relating to national security,’ a Facebook spokeswoman said in an emailed statement to AFP. Global companies routinely transfer the data from their European operations to their headquarters in the United States where their computer servers are based. The EU said it had started negotiating a new Safe Harbour arrangement with the US before the verdict, but insisted that firms could keep sending personal information across the Atlantic in the meantime. ‘We have already been working with the American authorities to make data transfers safer for European citizens. In the light of the ruling, we will continue this work towards a renewed and safe framework,’ European Commission Vice President Frans Timmermans said. Privacy campaigner Schrems was jubilant after the decision tweeting ‘Yay!’ and saying the verdict was a ‘major blow for US global surveillance that heavily relies on private partners.’ The Austrian had argued that the 15-year-old Safe Harbour deal was too weak to guarantee the privacy of European residents following Snowden’s revelations. The European Court of Justice on Tuesday said authorities in Ireland, where Schrems lodged the case, now had to decide whether transfers of data from Facebook’s European base to its HQ in the United States should be suspended outright. ‘The message is clear – mass surveillance is not possible in Europe (and is) against fundamental rights,’ Schrems, who turns 28 this month, told reporters at the court building in Luxembourg. ———- kudos to this young man.. “The landmark verdict stemmed from a case lodged by Austrian law student Max Schrems, who challenged the ‘Safe Harbour’ agreement between Washington and Brussels in 2000 on the grounds it did not properly protect European data.” sometimes one person can make a difference.. 401 Filed under: Europe, USA, World News   |
| You are subscribed to email updates from Follow The Money. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |