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F-W

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  1. COLLAPSE OF THE WEST GATE BRIDGE http://www.google.com.au/#hl=en&source...752f8cb23a87bdc ********************** Nine hurt in Canberra bridge collapse http://www.google.com.au/#hl=en&q=brid...752f8cb23a87bdc
  2. How Can A Dam That Thick Fail? http://img440.imageshack.us/img440/8113/72549812.jpg
  3. 7 October 2010 The fight against clothes line bans For decades, the clothes line has had an image problem in the US but, ahead of a rally to highlight the benefits of natural drying, is it about to be reclaimed? At : http://www.bbc.co.uk/news/magazine-11417677
  4. October 08, 2010 THE weather data used by the federal government to determine how billions of dollars are spent to make buildings more energy-efficient is 30 years out of date. At : http://www.theaustralian.com.au/national-a...x-1225935703380
  5. Prospects for US economy either 'fairly bad' or 'very bad', warns Goldman Sachs At : http://www.guardian.co.uk/business/2010/oc...ly-bad-very-bad ************************* Dollar set for sharp decline, Goldman forecasts The dollar will embark on a sharp decline over the next 12 months, Goldman Sachs forecast on Wednesday, as policy makers in Washington look poised to press the trigger on another round of printing money. At : http://www.telegraph.co.uk/finance/currenc...-forecasts.html
  6. Global warming theory in chaos after report finds increased solar activity may COOL the Earth 7th October 2010 A puzzling discovery has raised a question mark over the Sun's impact on climate change and could provide ammunition for sceptics, it was revealed today. Until now it has been assumed that less activity from the Sun equates to less warming of the Earth. But the new research, which focuses on a three-year snapshot of time between 2004 and 2007, suggests the opposite may be true. As solar activity waned at the end of one of the Sun's 11-year cycles, the new data show the amount of energy reaching the Earth at visible wavelengths rose rather than fell. All of it at : http://www.dailymail.co.uk/sciencetech/art...COOL-Earth.html
  7. Tuesday, October 5, 2010 Bernanke Tells the Truth: The United States is on the Brink of Financial Disaster " This is as close as you are ever going to see a central banker admit that his country's financial situation is so dire that it could breakup at any time. " At : http://www.economicpolicyjournal.com/2010/...-states-is.html
  8. Wesfarmers wants carbon tax Adam Morton and Tom Arup October 7, 2010 THE chairman of supermarkets and agriculture giant Wesfarmers has backed the introduction of a carbon tax, and believes carbon price legislation is likely to be introduced in this term of Parliament. In the latest foray by a business leader into the carbon price debate, Bob Every said businesses were already factoring a cost on greenhouse gas-intensive goods into investment decisions. He said a carbon price was inevitable, but warned the government should take a ''careful and measured decision'' in the national interest and not overstate its ability to influence what other countries would do to tackle climate change. Mr Every favoured a carbon tax over a market-based emissions trading scheme. He told Business Spectator there had been ''too much use and misuse of derivatives'' during the global financial crisis to justify introducing another derivative-based scheme. Mr Every's comments, as the chairman of a company that also has coal mining interests, follow BHP Billiton chief executive Marius Kloppers urging Australia to act before other countries in bringing in carbon pricing or risk losing out economically. Mr Kloppers backed a combination of a carbon tax and a limited emissions trading scheme covering the electricity generation industry. A multi-party climate change committee, chaired by Prime Minister Julia Gillard and including members of the Greens and at least two independents, will consider ways of introducing a carbon price. Independent Rob Oakeshott yesterday confirmed he would join the committee, but Senator Nick Xenophon said he was still waiting to find out if he would be granted a spot. Senator Xenophon said he had written to Ms Gillard expressing a ''keen interest'' in the committee. ''The government has a choice - they can have me inside the tent or outside of it,'' he told The Age. Senator Xenophon's support will be irrelevant next July when the Greens assume the balance of power in the Senate. Mr Oakeshott's will be crucial. From : http://www.smh.com.au/business/wesfarmers-...1006-167tt.html
  9. F-W

    Gold

    Going for gold: how a 'strange' investment is now mainstream October 7, 2010 - 3:07PM A stampede of the super-rich is underway as they snap up gold to secure their wealth as the economies of the world wobble. At : http://www.smh.com.au/executive-style/luxu...1007-1690v.html
  10. Cities turn to beleaguered states to ease debts The New York Times updated 10/5/2010 5:06:38 AM ET At : http://www.msnbc.msn.com/id/39513585/ns/bu...new_york_times/
  11. F-W

    Gold

    Commodities Rally Still Strong, Gold Will Hit $2,000: Rogers The huge rally in gold is expected to continueâ€â€ÂÂÂÂwith $2,000 an ounce well within sight over the next decade, well-known commodities investor Jim Rogers told CNBC. At : http://www.cnbc.com/id/39506845 ******************** $10,000 Gold? By Kenneth Rogoff (chinadaily.com.cn) At : http://www.chinadaily.com.cn/thinktank/201...nt_11374685.htm ********************** Oct 5, 2010 Super-rich buy gold by ton At : http://www.straitstimes.com/BreakingNews/M...ory_586785.html
  12. F-W

    NEA - NEARMAP LTD

    :) ASX Announcement 06 October 2010 NearMap.com and Sensis announce business relationship Perth, Western Australia – Diversified technology and intellectual property group, ipernica ltd (ASX:IPR), today announced that 100% owned subsidiary NearMap.com has signed a Memorandum of Understanding (“MOUâ€ÂÂÂÂÂ) to enter into a joint reseller agreement with Sensis. A formal binding agreement is expected to be finalised within 90 days which will allow both Sensis and NearMap.com to on-sell either company’s products to new or existing government or commercial clients in Australia or New Zealand. The announcement of the business relationship will be made today at the spatial@gov Conference and Exhibition in Canberra that runs from 5 – 7 October 2010. NearMap.com will co-exhibit with Sensis with an attendee list from the peak organisations in Australia representing the public, private, research and professional sectors of the spatial community. “NearMap.com is the leading provider of high resolution aerial imagery. This partnership enhances our continued commitment to provide customers with the most innovative and up-to-date mapping information available," said Group Manager of Location Navigation at Sensis, Peter Barclay. “NearMap.com offers a high frequency of updates to its capital city imagery. With coverage of more than 75% of Australia’s population, NearMap.com is changing the way governments, companies and communities see their world online,†said Mr. Barclay. NearMap.com Chief Executive Officer, Simon Crowther, said the partnership is a ground breaking agreement for NearMap.com. "This agreement will provide NearMap.com with the opportunity to engage with the vast network of Sensis clients across government and industry," said Mr Crowther. "We believe the combination of our clear and current PhotoMaps with the comprehensive mapping products Sensis offer will equip new and existing customers with a locational capability that reflects what is on the ground right now." Attached also is the Media Release from Sensis. about Sensis Sensis is Telstra’s advertising business and Australia’s leading directories information resource, helping Australians find, buy and sell. Sensis delivers innovative and integrated local search and digital marketing solutions via print, online, voice and mobile channels to connect Australians 24 hours a day, seven days a week. Sensis’ powerful, multi-channel portfolio provides an unparalleled local information source incorporating the White Pages® and Yellow Pages® directories; the MediaSmart digital advertising business; the Whereis® digital mapping business; the Citysearch® entertainment and lifestyle website; the sensis.com.au search engine; the 1234 operator-assisted, premium voice information service; and the accommodation website gostay.com.au. All of it at :http://imagesignal.comsec.com.au/asxdata/20101006/pdf/01105449.pdf
  13. F-W

    Gold

    Gold hits new record as dollar slides Published 9:34 PM, 5 Oct 2010 By Jan Harvey of Reuters LONDON - Gold rallied to record highs above $US1,325 an ounce in Europe as the dollar fell versus the euro, with recent volatility in the currency markets boosting demand for the metal as a safe store of value. An announcement by the Bank of Japan that it would create a pool of funds to buy assets to tackle strength in the yen also helped gold. Moves by major economies to curb strength in their economies are giving a major lift to the metal. Brazil on Monday doubled a tax on foreign investors buying local bonds in an attempt to curb a currency rally that has turned into an issue in the country's presidential race. Spot gold hit a high of $US1,328.05 an ounce and was bid at $US1,326.15 an ounce at 1129 GMT, against $US1,315.20 late in New York on Monday. US gold futures for December delivery rose $US10.70 an ounce to $US1,327.50. Gold prices appreciated as the dollar tumbled to an 8-1/2 month low against a basket of six major currencies, pressured by broad-based demand for the euro. Gold is sensitive to moves in the dollar, as weakness in the US unit tends to lift gold's appeal as an alternative asset and makes dollar-priced commodities cheaper for other currency holders. "This morning it is a dollar-related move, but it is also the wider currency issues that have been highlighted by an increasing number of commentators," Credit Suisse analyst Tom Kendall said. "This morning it was the turn of the Institute of International Finance to talk about currency tensions and the need for some agreement on how to manage pressures between the major currency pairs." "You have also had Trichet and Mr Juncker talking about the Chinese renminbi not having appreciated as fast as they would have liked to have seen," he added. "All of this tension within the forex world is what is playing into gold." Gold hit all-time highs in six consecutive sessions to Friday, and after building a base above $US1,310 an ounce on Monday rose nearly one per cent to a new record early on Tuesday, lifted by concerns over further monetary easing. Further easing eyed "According to monetary theory, with interest rates at or near historical lows across the OECD world, further easing in monetary policy must take the form of liquidity injections, rather than interest rate reductions," HSBC analyst James Steel said in a note. "In the case of the United States, if increased US dollar liquidity leads to a decline in the dollar, then gold is likely to be a beneficiary." Demand for physical gold retreated as prices rose again, however. Buying in main gold consumer India was muted as the weaker rupee added to pressure on local buyers. "As (jewellery demand) clearly weakens at the high price level, the dependence on investment demand rises and this is still relatively robust even if the world's largest gold ETF, SPDR Gold Trust, reported slight outflows again yesterday," said Commerzbank in a note. "Net long positions of speculative financial investors recently rose to a 12-month high." Holdings of the world's largest gold-backed exchange-traded fund, New York's SPDR Gold Trust, declined for a third session, while those of the largest silver ETF, the iShares Silver Trust dipped from record highs. Silver was at $US22.20 an ounce against $US21.97, having earlier hit a 30-year high at $US22.25 an ounce. Silver continued to outperform gold, with the number of ounces of silver needed to buy an ounce of gold slipping to a one-year low at 59.72. Platinum, buoyed by strength in gold, hit a 4-1/2 month high at $US1,687 an ounce and was later at $US1,681 against $US1,664.85, while palladium was at $US565.50 versus $US557.83.
  14. Re " inheritance tax " 1 Oct 2010 6:28 AM MARK-2-MARKET: Death duty resurrection COMMENTARY:An inheritance tax deserves a rational discussion at the tax summit as it's simply unfair that ‘Australia’s luckiest sperm club' lives tax free, while the rest of us pay up to 50 cents in the dollar. Next year when our new parliament gets around to its version of a tax summit let us hope that the proposal to introduce what the Henry report called a bequest tax is given an unemotional and rational hearing. When the subject of a bequest or inheritance tax, or death duties as it used to be called, was raised by the report it was given a massive cold shoulder by the government and considered barely worth a mention by the Australian media or the commentariat. At : http://www.businessspectator.com.au/bs.nsf...nt&src=srch
  15. Avoiding Europe's mistakes 5 October 2010 " EU countries such as France, the UK and Germany have become alarmed by the speed of transition taking place in key Asian markets, particularly China, which is able to effect change without a carbon price because it simply drives investment through government mandates and with finance from state-owned banks. " At : http://www.climatespectator.com.au/comment...ange-investment
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