| Spending on infrastructure set to rise by 34 percent next year
The government will allocate more money for infrastructure development in next year's budget in an effort to ease the distribution bottlenecks that have seriously hampered the country's economic growth. "The bottleneck problem will become worse in 2008 if nothing is done to deal with the infrastructure issue," Coordinating Minister for the Economy Boediono said Wednesday in Jakarta. Boediono said that the government planned to increase spending on infrastructure by 34 percent to Rp 56 trillion (about US$6.2 billion) next year from Rp 41 trillion this year. The Public Works Ministry and Transportation Ministry would receive Rp 34.3 trillion and Rp 24.2 trillion, respectively. The Rp 56 trillion would include Rp 7.03 trillion for the regions paid out of the Special Transfer Fund (DAK).
Poway hires economic development manager
POWAY -- City officials announced Thursday that a Northern California man had been hired to be Poway's new economic development manager.Kimball "Kim" Schmidt is scheduled to start his new job April 30. His selection ends an eight-month search for someone to replace Scott Edwards, who moved to Reno last summer. Schmidt comes to Poway with 15 years of experience in economic development, with an emphasis on infrastructure projects. His most recent position was in Del Norte County near the California-Oregon border, where he served as economic development project director for the Tri-Agency Economic Development Authority. .
The Era of the Emerging-Market
Just as fashionistas wait for their favorite designers latest collection to come out, market experts are always interested to hear what investment gurus picks are for the year. Its always nice to get a feel for global investment trends to be able to grasp the overall direction the market is taking. At a roundtable in Cairo in late February, Merrill Lynchs Khuram Chaudhry, the investment houses European quantitative strategist, shed some light on the companys expectations for 2007. The broad fundamentals gleaned from everyday news are that oil prices have come down from their peaks last year, interest rates are on the rise, the US dollar is depreciating and the focus of investment is shifting more towards emerging markets. A huge credit base has been built in developed economies, triggering a new effort to sop up the excess liquidity by raising interest rates.
Ruling but not governing: Militaries in the Middle East (STEVE A ...
United States is unlikely to advance political change in the Arab world through force or punitive measures. Turkey's relatively smooth transition from a military-dominated, semi-authoritarian political system to an emerging democracy is a function not of coercion, but rather incentives
STEVE A. COOK The heady days of the so-called "Arab Spring" seem so long ago. Since 2005, Iraq has descended into civil war, Lebanon has experienced war and political paralysis, the Palestinian Authority is on the verge of collapse, and the Egyptian leadership is narrowing, not opening, Egypt's political arena. President Bush's much ballyhooed "forward strategy of freedom" in the Middle East has become a victim of unrealistic expectations about the challenges of promoting more open political systems in the Middle East.
Gold Sniffs Rate Cut
Use the above link to subscribe to the paid research reports, which include coverage of several smallcap companies positioned to rise like a cantilever during the ongoing panicky attempt to sustain an unsustainable system burdened by numerous imbalances aggravated by global village forces. An historically unprecedented mess has been created by heretical central bankers and charlatan economic advisors, whose interference has irreversibly altered and damaged the world financial system. Analysis features Gold, Crude Oil, USDollar, Treasury bonds, and inter-market dynamics with the US Economy and US Federal Reserve monetary policy. A tad of relevant geopolitics is covered as well. Articles in this series are promotional, an unabashed gesture to induce readers to subscribe. In a series of public messages, the US Federal Reserve has issued some statements recently which telegraph an increasingly likely official interest rate cut.
The Fountain of Youth
Would you like to live until you're 1000? Until recently, biological degeneration was thought to be an inescapable consequence of human aging. However, scientists are now beginning to question the inevitability of this deterioration of the body, foreseeing a future where science has overcome the biological constraints of the human lifespan. The Edmonton Aging Symposium, held at the University of Alberta last weekend, brought together 37 top scientists, academics and theorists from around the world to take a look at the science and ethics of aging. This conference explored the possibility that the detriments of aging are no longer unavoidable, and that technologies capable of drastically extending the human lifespan are almost within reach. Dr Aubry de Grey of Cambridge University is the chief scientist of the Methuselah Foundation, a non-profit organization seeking to conduct research and raise awareness for aging interventions.
Woman says blasts collapsed well, cracked walls and floor
Experts say today's blasting from the Energetic Materials Research and Testing Center doesn't damage structures, but what about in the past? Socorro resident Joyce Gaines Harris said in an interview that a blast from the testing center, then called the Terminal Effects Research and Analysis group, collapsed her well and otherwise damaged property at Water Canyon Lodge almost 20 years ago. The test range property was less than 1-1/2 miles behind her land. "They literally put me out of business," Harris said. Tech Vice President of Research and Economic Development Van Romero thinks it's unlikely blasts now or years ago could cause damage. The testing center used the same safe guards then as it does now. Romero didn't work for Tech when the issue of the damaged well arose, but asked other people about the incident.
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