SetThings

Archive for the ‘Economy’ Category

• Mass of Media: Financial crisis

  Thursday, September 18th, 2008

  A financial crisis happens when some financial institutions or assets suddenly lose a large part of their value. Many financial crises are banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, as well as international phenomena [...]

• The digital Europe – i2010 Initiative

  Sunday, May 18th, 2008

  Preparing Europe’s digital future i2010 Mid-Term Review {SEC(2008) 470} INTRODUCTION Information and Communication Technologies (ICTs) continue to be a major driver of economic and social modernisation. Today, businesses in the EU devote 20% of investment to ICTs, and the sector accounts for 26% of overall research expenditure. Moreover, 60% of basic public services are now [...]

• A new world?

  Tuesday, May 6th, 2008

  Is the capitalism able to overcome the actual crisis in the world? I talked some time ago about big changes in the geopolitics and economy due to the global warming and climate change. Now, it seems that the financial crisis and the food crisis make the changes. Is there any connection between the climate change [...]

• Several regional power grids attacked by hackers, says CIA

  Wednesday, January 23rd, 2008

  Some cyberattacks disrupted the power equipment in several countries, causing power outages that affected multiple cities, in accordance with the CIA’s analysts. In some cases the hackers used blackmail, demanding payments before disrupting the power. “In at least one case, the disruption caused a power outage affecting multiple cities,” said Tom Donahue, a senior CIA [...]

• UN report on the world economy

  Tuesday, January 22nd, 2008

  The United Nations has published a report on “the world economic situation and perspectives for 2008.” According to the study’s conclusions a slowing is to be expected. It provides an overview of recent global economic performance and short-term prospects for the world economy and of some key global economic policy and development issues. On the [...]

• Penal investigation for 8 Romanian ministers

  Wednesday, January 16th, 2008

  In accordance with the Press Release of the Romanian President, he signed today the approval to start the legal procedures for the penal investigation for eight actual and ex ministers of the Romanian Government. The request was made by the National Department of Anticorruption. The eight ministers are the following: Adrian Năstase, ex Prime Minister [...]

• Big investment in the Black Sea area (Romania, Bulgaria and Ukraine)

  Sunday, January 13th, 2008

  0 billions Euros will be invest by Voest Alpine (voestalpine AG), Austria, in eight areas at the Black Sea, in Romania, Bulgaria and Ukraine, in order to build a siderurgical aggregated group of plants with 10,000 employees, build on 1,000 ha of land. Petru Ianc, the chief of the General Department for Industrial Policy within [...]

• My predictions for the new year 2008

  Tuesday, January 1st, 2008

  Due to the global warming with increased effects for this year, the developed states will change their national strategies by taking into account these aspects, and we will see important geopolitical changes. United States will try to overcome the economical crisis by extending its influence in new areas, but it will encounter a much stronger [...]

• Terrorism, as a justification

  Tuesday, December 11th, 2007

  Electronic Frontier Foundation (EFF) publish new proves about the Administration’s attempts to enact the Protect America Act and eviscerate the Foreign Intelligence Surveillance Act (FISA). It is about negotiations between Director of National Intelligence Mike McConnell and members of Congress that resulted in the passage of the Protect America Act — an expansion of spying [...]