Friday, September 24, 2010

WaPo - China increasing economic leverage by limiting 'rare earths' exports

China increasing economic leverage by limiting 'rare earths' exports
Video: China warns Japan over sea row
China's government cancels high-level talks with Japan, following Japan's announcement that it will hold a Chinese fishing boat captain for another ten days.
, September 23, 2010; 10:36 PM
http://www.washingtonpost.com/wp-dyn/content/article/2010/09/23/AR2010092300756.html?hpid=topnews

the Trilateral Commission

Welcome to the web site of the Trilateral Commission. The Commission was originally created in 1973 to bring together experienced leaders within the private sector to discuss issues of global concern at a time when communication and cooperation between Europe, North America, and Asia were lacking. The Commission has grown since its early days to include members from more countries in these regions, and it continues to find that study and dialogue about the pressing problems facing our planet remain as important today as in 1973. Problems and threats have changed, but their importance has only increased due to the more interconnected and interdependent world in which we now live.
http://www.trilateral.org/

Environmental Studies at UCSB


The ES major is designed to provide students with the scholarly background and intellectual skills necessary to understand complex environmental problems and formulate decisions that are environmentally sound. The academic process is multidisciplinary, drawing upon the diversity of environmentally related departments and disciplines throughout UCSB and allows a student to explore a wide variety of environmental issues, including: the social and human environment, the physical environment, and the biological environment.
http://www.es.ucsb.edu/curriculum_info/es_major.php

and see this

Thursday, September 23, 2010

WSJ - Business as Usual With Burma: U.S. policy ahead of elections isn't working.

The State Department's top official for Asia scored points for honesty and U.S. political leadership last week when he admitted Burma's upcoming elections "will be without international legitimacy." Too bad he ruined the moment by continuing to push for "dialogue" as "among all the difficult options, the best way forward."
Kurt Campbell is an astute diplomat who has pressed for closer engagement with Japan, Australia and other U.S. allies in the region. Yet he's also one of the architects of State's policy of "pragmatic engagement" with Burma that has manifestly failed.
http://www.facebook.com/#!/notes/csis-southeast-asia-program/wsj-business-as-usual-with-burma-us-policy-ahead-of-elections-isnt-working/466833359746

Don't Replace Larry Summers With a CEO - by Derek Thompson, the Atlantic

White House economic adviser Larry Summers will resign from the National Economic Council at the end of the year. Many observers see the opening as an opportunity for the president to bring on one of two underrepresented groups: women and corporate executives.
In fact, the top pick for Summers' replacement is both: Anne Mulcahy, former Xerox (NYSE: XRX - News) chief executive.Those calling for Obama to pick a CEO aren't necessarily wrong, but their reasoning is: CEOs are not uniquely smart about the economy.
http://finance.yahoo.com/career-work/article/110772/dont-replace-larry-summers-with-a-ceo

Reuters - U.S. commercial paper market rises in week - Fed

The U.S. commercial paper market expanded after four weeks of contraction, but remains about half the size it was before the global credit crisis, Federal Reserve data showed on Thursday.
For the week ended Sept. 22, the size of the U.S. commercial paper market, a vital source of short-term funding for companies' day-to-day operations, rose by $27.8 billion to $1.064 trillion outstanding, up from $1.036 trillion the previous week.
http://www.reuters.com/article/idINWNA034820100923?rpc=44

Newark, NJ, schools to get $100M Facebook donation - AP News

NEWARK, N.J. (AP) -- Mark Zuckerberg, the 26-year-old wunderkind behind Facebook is making a move to become a player in philanthropy just before the opening of a film that portrays him as less than charitable.
The recipient of his $100 million donation -- thought to be the biggest of his young life -- is the Newark public schools, a long-struggling district that could use the money to become a laboratory for reforms.
The donation is being announced Friday on Oprah Winfrey's TV show in an arrangement that brings together the young Internet tycoon, Newark's celebrated Democratic mayor and a governor who has quickly become a star of the Republican party.
The unusual coalition is more evidence of the growing cache of the cause of remaking urban public schools, an issue that has long confounded educators and advocates.
http://finance.yahoo.com/news/Newark-NJ-schools-to-get-100M-apf-1298287169.html?x=0&sec=topStories&pos=5&asset=&ccode=

Fed's Hint at Further Easing Leaves Wall Street Guessing - CNBC

The Fed's FOMC statement Tuesday managed to disappoint, confuse and surprise more than a few Wall Street analysts.
"It's being inconsistent, not transparent and not truthful," said FAO Economics chief economist Robert Brusca. "What's really going on here?"
Depending on whom you asked, the central bank either said too much, too little or said it poorly in the follow-up statement to its August release when the FOMC got Wall Street's attention by saying it was prepared to buy more long-term Treasurys to support a languid economic recovery.
"They have to do a better job of communicating," said Wells Fargo senior economist Scott Anderson. "The markets abhor the vacuum of uncertainty around QE2," he added, referring to the cute market acronym for a second stage of quantitative easing, which the Fed opened the door to a month ago.
"The market wanted to hear more," added longtime fed watcher David Jones, of DMJ Advisors. "The market jumped to the conclusion the Fed was going to do another massive quantitative easing."
In that context, if the August statement was a success, the September is a failure.
http://finance.yahoo.com/news/Feds-Hint-at-Further-Easing-cnbc-1971914915.html?x=0

Chinese Leader Fields Executives’ Questions

When Bill Gates confronts the prime minister of China on the need to honor software copyrights, it helps to have a referee — say, a Henry Kissinger — to moderate the debate.
That, in fact, is what happened at the Waldorf-Astoria Hotel on Wednesday morning in Midtown Manhattan.
In a remarkable 90-minute meeting, with Mr. Kissinger playing M.C., Mr. Gates and other heavyweight executives and economists from the West engaged Prime Minister Wen Jiabao. He listened patiently, and often volleyed back, on topics including currency and trade policies, foreign investment and whether China needed to improve its social safety net.
Others in the circle — literally a large ring of a few dozen chairs — included Jamie Dimon, the head of JPMorgan Chase; Lloyd C. Blankfein, the Goldman Sachs chief; Joseph Stiglitz, winner of the Nobel in economics; Kenneth I. Chenault, chairman and chief of American Express; and PepsiCo’s chief executive, Indra K. Nooyi.
China’s top leaders rarely meet Western executives. But Mr. Wen, in New York for a session of the United Nations General Assembly, agreed to sit down with the group, possibly in the hope of helping ease growing tensions between the United States and China over various issues.
http://finance.yahoo.com/news/Chinese-Leader-Fields-nytimes-3477287037.html?x=0&sec=topStories&pos=7&asset=&ccode=