Latest Publications

Google Book Deal

     Google is so big that I think I can spend a day with google.com.For example,I can use Gmail to send email,scan pictures through Google pictures,and read my friends` blogs by Google reader.

     We can search many professional articles on Google Book.But it is based on the corporation between Google and the authors.These days Google has a new deal.

     Q:Can you give us a short description?

     A:Yes.US anti-trust regulators are to investigate a $125m (£76.4m) deal Google has made with book publishers to settle copyright issues, reports say.

     Q:What about the deal in 2008?

     A:In October 2008, Google reached a deal with the Authors Guild and the Association of American Publishers.

     The search engine agreed to pay $125m to create a Book Rights Registry, where authors and publishers can register works and receive compensation.

     Google can also digitise orphan works - works whose rights-holders are unknown. Some fear the settlement could prevent other companies from entering the digital book market. (more…)

Will a soft labor market slow a recovery?

     Tip:Today’s Labor Dept. report again indicates how the recovery continues to elude the job market,” says Christine Owens, executive director of the National Employment Law Project, an advocacy group for low-wage and unemployed workers. “The jobs recession has reached extreme levels.

     Some comments to the news:

     1)This the old equalizer, and the seperation will be profound, the middle class is all but gone, expectations will have to be reshaped, for a very long time.

     2) Given the trend in the state department of encouraging our businesses to move overseas, the regulatory hassles our government imposes and now cap and trade and more concern for illegal immigrants than US citizens, the federal government is America’s biggest enemy. Wake up we have work to do and a fight on our hands.

     3) The recession is systemic, it will last for years. Until we fix the fraud in the finance and insurance sectors, the system will continue to gyrate downwards. Bubble markets are bad, bubble markets filled with fraud are poison. Baby boomers have been burned twice by bubbles in less than a decade, think that they will be in a hurry to lose more money in the stockmarket? The Fed engineered a recessionless economy that never had a chance to really wring out the excesses. Now we are in a makeup depression where all sins will be reckoned with. There is no recovery without disaster. (more…)

Madoff was sentenced to 150 years in jail

     Tip:On Monday, convicted con man Bernie Madoff was sentenced to 150 years in jail, and today federal authorities took possession of his $7 million Manhattan penthouse, forcing his wife to leave and look for somewhere else to live.

     A comment to this news:

     Of course Ruth Madoff knew exactly what was going on, in fact she probably helped. I think leaving her with 2.5 mllion is way too generous. The fact that she is cooperating is a good indication that she is guilty and knows that the time has come to pay for her crimes. I wonder how many possessions and how much money she had time to hide before the govt took over. Shame on you, Ruth - you will get paid back somehow. She and her sons need to all be in jail for a long, long time.

     Q:What is the name of his wife?

     A:Ruth Madoff.

     Q:What will his wife do with their property?

     A:Ruth Madoff was told ahead of time that she would be forced to vacate her lush Manhattan penthouse, and reportedly she did leave the property this afternoon around 1 PM EST. The penthouse, on East 64th Street will be sold, with the proceeds being used to help reimburse the victims of the nations largest ever Ponzi scheme.

     Q:Will her move to another state? (more…)

Online Retailers have to pay tax?

     Tip:Amazon.com Inc. and other e-commerce companies are winning some skirmishes against cash-strapped states that want to force them to collect sales taxes, but their victories may be short-lived.

     Q:Can you tell us more about the news?

     A:Several states are contemplating new laws or revisions to existing law that could eventually force online retailers to pony up. North Carolina, for instance, has a two-pronged approach to going after online retailers. If its current efforts to tax online sales fall through, the state’s revenue secretary plans to interpret existing laws to require companies that have marketing affiliates collect sales taxes.

     State Sen. David Hoyle on Thursday called the effort “a fairness issue.” Collecting sales taxes from out-of-state sellers could bring between $150 million and $200 million annually in additional tax revenue, he said. Mr. Hoyle said current law allows the state to force online retailers retroactive sales taxes.

     Q:what are the opinions of  E-commerce companies ?

     A:E-commerce companies said they continue to believe they are not required to collect such taxes. “We don’t want to shoulder the unconstitutional burden of collection in states where we lack a physical presence,” said Patty Smith, a spokeswoman for Seattle-based Amazon. She said the company is “in compliance with all Texas laws governing sales tax collections. Overstock.com Inc. President Jonathan Johnson said the new efforts will be unsuccessful. “The state legislatures don’t have the ability to change what the Supreme Court has said,” he said. “We will sue any state that tries to unconstitutionally attack our business,” Mr. Johnson added.

     Q:Does these companies have any measures to express their oppsition? (more…)

Online Marketing Methods

     1.Blog Marketing.You can open the blog of Jeremy Wright.He has written a book about blog marketing(his blog is blogmarketingbook.com).Blog marketing is the term used to describe internet marketing via web blogs. These blogs differ from corporate websites because they feature daily or weekly posts, often around a single topic. Typically, corporations use blogs to create a dialog with customers and explain features of their products and services.

     Many organizations use blogs with their user community. This allows them to share and preview product features, functions, and benefits before the products are released. Blogs are an excellent way to gather feedback and to make sure products meet the needs of users. Blogs have become the next generation marketing tool to corporate websites which merely post collateral and do not provide any interactive feedback. Blogs are also supplementary to a User Group. User Groups happen annually for example while blogs provide users constant daily and weekly feedback.

     2.SchipulCon’09 will be hosted at the Houston Zoo, which has aggressively incorporated social media strategies into its marketing efforts. The conference will feature a keynote address from Deirdre Breakenridge, co-author of “Putting the Public Back in Public Relations” and “The New PR Tookit,” and author of “PR 2.0: New Media, New Tools, New Audiences.” Breakenridge, president of PFS Marketwyse (www.pfsmarketwyse-blog.com), will discuss the convergence of marketing/PR and the Internet and examine how to facilitate direct-to-consumer conversations through the use of social media applications such as Facebook, Twitter and blogging.

Asia Markets Brief(2009)

     Location:HONG KONG.

     HONG KONG — Massive share sales for cash-strapped Japanese companies and pending U.S. jobs data to be released Thursday kept investors on the sidelines in the Tokyo on Thursday.

     Following mild growth overnight on Wall Street, which was buoyed by a slowdown in the pace of U.S. production in June and an improvement in China’s purchasing managers index (PMI), the Japan bourse opened slightly higher on Thursday. But those gains evaporated as the Nikkei 225 closed day down 0.6%, at 9876.15, as investors mulled new shares placements from finance leasing firm Orix Corp., carrier All Nippon Airways, and other cash-strapped listed companies eager to raise new capital. Uncertainty about the U.S. job market also weighed on the market.

     Some examples: (more…)

U.S. Economy,since August

     Tip:Manufacturing in the U.S. shrank at the slowest pace since August 2008 and pending sales of existing homes advanced for a fourth month, underscoring signs the economy began to stabilize in the second quarter.

     Q:What is the situation now?

     A:The Institute for Supply Management’s factory index rose in June for a sixth straight month, to 44.8; readings less than 50 signal contraction. The National Association of Realtors said the number of Americans signing contracts for existing homes increased 0.1 percent in May after a 7.1 percent gain.

     “We’re going to see a temporary substantial improvement” in the economy, said Martin Feldstein, the Harvard University economist and former Reagan administration adviser who is a member of the U.S. recession-dating panel. “It’s a bounce that is coming from the beginning of the fiscal stimulus,” he said in an interview with Bloomberg Radio.

     Q:Will the situation be worse?

     A: Feldstein warned that the economy will be “going down again” into 2010. Underscoring that danger was a survey issued today by ADP Employer Services that showed U.S. companies eliminated 473,000 jobs in June after a 485,000 drop the previous month. The report also foreshadowed a jump in the unemployment rate in tomorrow’s Labor Department report that will temper any rebound in consumer spending. (more…)

Crude oil fell

     Tip:Crude oil fell for a third day before a report forecast to show the U.S. unemployment increased last month, signaling the world’s largest energy user remains mired in recession.

     Q:Can you give us some data about the falling?

     A:Crude oil for August delivery fell as much as $1.14, or $1.64, to $68.17 a barrel in electronic trading on the New York Mercantile Exchange. It traded $68.23 at 10:41 a.m. London time. Prices are up 53 percent this year.

     Supply from the Organization of Petroleum Exporting Countries increased for a third month in June, a Bloomberg News survey showed yesterday.

     Oil output averaged 28.23 million barrels a day last month, up 55,000 from May, according to the survey of oil companies, producers and analysts. The 11 OPEC members with quotas, all except Iraq, pumped 25.86 million barrels a day, 1.015 million more than their target.

     Brent crude oil for August settlement declined as much as $1.09, or 1.6 percent, to $67.70 a barrel on London’s ICE Futures Europe exchange. It was at $67.97 a barrel at 10:38 a.m. in London.

     Q:Then ,what is the reason of it?

     A:U.S. fuel demand in the four weeks ended June 26 fell 5.8 percent from a year earlier, while demand for distillate fuel including heating oil and diesel, fell 9.4 percent, according to a Department of Energy report yesterday. The Labor Department will likely report the U.S. shed an additional 365,000 jobs in June, a Bloomberg survey showed.

     Other useful information: (more…)

Swedish Central Bank Cuts Benchmark Rate

     Tip:The Swedish central bank cut its benchmark interest rate Thursday by a quarter of a percentage point to 0.25 percent, saying the economic downturn appeared to be deeper than previously forecast.

     Q:what does the The Swedish central bank say?

     A:The bank said the rate was “expected to remain at this low level over the coming year” and added there were “several signs that economic activity will improve.” Most economists had expected the bank to leave borrowing costs steady.

     The central bank also announced it would offer 100 billion kronor, or $13.1 billion, in one-year loans to banks at 0.15 percentage point above the benchmark rate.

     Q:What is the reaction of  The European Central Bank?

     A:The European Central Bank is expected to leave its main rates steady later Thursday after the recent release of a string of more positive economic data.

     Q:What are the results of  the cutting? (more…)

What is G8?

     The news about G8 are seen everywhere these days.Because they will have many activities.In fact,I am not very familiar with this org,so I want to collect some information about G8.(See more on wikipedia.org)

     The Group of Eight (G8, and formerly the G6 or Group of Six) is a forum, created by France in 1975, for governments of eight nations of the northern hemisphere: Canada, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States; in addition, the European Union is represented within the G8, but cannot host or chair. “G8″ can refer to the member states or to the annual summit meeting of the G8 heads of government. The former term, G6, is now frequently applied to the six most populous countries within the European Union (see G6 (EU)). G8 ministers also meet throughout the year, such as the G7/8 finance ministers (who meet four times a year), G8 foreign ministers, or G8 environment ministers.

     Each calendar year, the responsibility of hosting the G8 rotates through the member states in the following order: France, United States, United Kingdom, Russia, Germany, Japan, Italy, and Canada. The holder of the presidency sets the agenda, hosts the summit for that year, and determines which ministerial meetings will take place. Lately, both France and the United Kingdom have expressed a desire to expand the group to include five developing countries, referred to as the Outreach Five (O5) or the Plus Five: Brazil, China, India, Mexico, and South Africa. These countries have participated as guests in previous meetings, which are sometimes called G8+5. Recently, France, Germany, and Italy are lobbying to include Egypt to the O5 and expand the G8 to G14. (more…)

 
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