Showing posts with label The Telegraph. Show all posts
Showing posts with label The Telegraph. Show all posts

Tuesday, July 7, 2015

The end game of the Welfare State!

July 07, 2015 Debt Crisis , Greece 0 Comments
Greece Votes No: The European Union Is Dying Before Our Eyes

By Nigel Farage, Jul. 6, 2015, The Telegraph
Despite the scaremongering and bullying from those in Brussels, we are waking today with Greece having delivered a resounding No.

That comes despite EU bosses saying that it would mean a Greek exit from the Euro, not to mention the heavy economic pressure placed on the Greek people to go along with the wishes of Brussels. It is a crushing defeat for those Eurocrats who believe that you can simply bulldoze public opinion.

Chief bully-boy Martin Schulz, President of the European Parliament, and other supposed leaders of the European Union did their best to terrify the Greek people into submitting to the wishes of the European Union. But they utterly failed. The fear espoused by the Yes campaign was rejected. Opinion polls that put the Yes side ahead just days before were way out, as thousands upon thousands of Greek citizens lined the streets chanting “Oxi”.


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Monday, July 6, 2015

"Turmoil"? And they weren't pre-Trump?

July 06, 2015 Donald Trump , Presidential Election 2016 0 Comments
Republicans Cast Into Turmoil As Donald Trump Rides The Populist Surge 

By Philip Sherwil, Jul. 5, 2015, The Telegraph

For Donald Trump the entrepreneur, it was a damaging week. Two major television networks severed ties, Macy’s dropped his clothing line and Carlos Slim, the even richer Mexican tycoon, ended a joint venture with him.

But for Donald Trump the inveterate showman and Republican challengerfor president, the week was a triumph as he climbed in the opinion polls anddominated media coverage, despite the backlash against his decision to condemn Mexican immigrants as rapists and drug traffickers.

“Wow, Huffington Post just stated that I am number one in the polls of Republican candidates,” the brash billionaire bragged as the week closed, citing the liberal media outlet that has been a platform for many of the strongest attacks on him. “Thank you, but the work has just begun!”

Mr Trump was touting his first place in an average of 105 polls. Of the 14 candidates who have declared, Trump topped the field with 13.6 per cent support to 13.3 per cent for Jeb Bush, the former Florida governor and son and brother of two past presidents.

More: www.telegraph.co.uk

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Monday, June 29, 2015

Fragile, fragile , fragile!

June 29, 2015 Financial Crisis , Global Recession 0 Comments
Warning: The World Is Defenseless Against The Next Financial Crisis, Warns

By Peter Spence, Jun. 28, 2015, The Telegraph

The world will be unable to fight the next global financial crash as central banks have used up their ammunition trying to tackle the last crises, the Bank of International Settlements has warned.

The so-called central bank of central banks launched a scatching critique of global monetary policy in its annual report. The BIS claimed that central banks have backed themselves into a corner after repeatedly cutting interest rates to shore up their economies.

These low interest rates have in turn fuelled economic booms, encouraging excessive risk taking. Booms have then turned to busts, which policymakers have responded to with even lower rates.

Claudio Borio, head of the organisation’s monetary and economic department, said: “Persistent exceptionally low rates reflect the central banks’ and market participants’ response to the unusually weak post-crisis recovery as they fumble in the dark in search of new certainties.”

More: www.telegraph.co.uk

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No Kidding! (sarcasm)

June 29, 2015 Confederate Flag , Culture Wars 0 Comments
Confederate Flag Is A Symbol Of America's Culture Wars

By Matt K. Lewis, Jun. 27, 2015, The Telegraph

Pretend for a minute you're a professional black woman living in Washington, DC. During your lifetime, things have mostly improved. But everywhere, vestiges of the past still haunt you. Living in Washington, DC, you probably have to take Jefferson Davis highway once in a while -- a road named after the president of the Confederacy. That's just one of the daily reminders.

In the wake of the horrific shooting of nine African-Americans at the Emanuel AME church in Charleston, South Carolina, last week, I talked with Crystal Wright, who blogs at a site called Conservative Black Chick, about calls to remove the Confederate flag. "I'm a black woman and I was raised in the South," she told me, "so as a black person, regardless of politics, [the flag] bothers me."

"You know, when I go home to Richmond…to visit my family, I see the Confederate flag in people's yards," she continued.


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Sunday, June 21, 2015

"political make-believe"

June 21, 2015 Christopher Booker , European Union 0 Comments
The Pope Joins The EU In A Sad World Of Make-Believe 

By Christopher Booker, Jun. 20, 2015, The Telegraph


What has a Papal Encyclical calling on the world to end its use of fossil fuels and to pray to God for the success of the global “climate summit” in December got in common with the Greek euro crisis, the ominous rift between the West and Russia, and the shambles Europe is making over the desperation of African and Syrian refugees to find safety this side of the Mediterranean? They are all different aspects of the two greatest acts of political make-believe of our time, so all-pervasive that it is hard for us to grasp just how much effect they are having on all our lives.

When future historians come to look back on our age, few things will puzzle them more than the extent to which our politics became so dominated and bedevilled by two belief-systems, each based on an obsessive attempt to force into being an immensely complicated political construct which defied economic, psychological and scientific reality.


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Tuesday, June 9, 2015

Sea Change In How Music Is Delivered

June 09, 2015 Apple Computers , Rhiannon Williams 0 Comments
Apple Launches Star-Studded Streaming Service Apple Music 

By Rhiannon Williams, Jun. 9, 2015, The Telegraph

Apple has teamed up with rap superstars Drake and Pharrell to launch a music streaming service designed to compete with Spotify at its annual developers conference in San Francisco.

Apple Music is the Californian company’s first foray into music streaming, having shaped the digital downloads market with the launch of the iTunes store in 2003, and will be available for $9.99 a month with an initial three-month free trial.

“Music is such an important part of our lives, and our culture,” said Apple chief executive Tim Cook. “Apple Music will change the way you experience music forever.”

The star-studded service has been created in collaboration with Beats, whom Apple purchased in May last year for $3bn (£1.8bn), and will be available for iOS users from later this month.

Read the full story: www.telegraph.co.uk

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Monday, June 8, 2015

Maybe he was on D.C. time

June 08, 2015 Alcohol , G7 Summit 1 Comments
Why Is Barack Obama Drinking Beer At 11am?

Reuters
By Justin Huggler, Garmisch-Partenkirchen, Jun. 7, 2015, The Telegraph

Angela Merkel welcomed Barack Obama to the G7 summit with a traditional Bavarian breakfast on Sunday – complete with a half-litre of beer.

President Obama had just flown across the Atlantic to meet Mrs Merkel, David Cameron and the other G7 leaders at an exclusive spa resort in the Alps.

But before he could get down to business, Mrs Merkel treated him to a full Bavarian breakfast of white sausages, pretzels and foaming lager.

Eleven in the morning might be considered a little early for a beer in some parts of the world, but in Bavaria breakfast is not complete without a weissbier, as the local wheat beer is called.

It’s not quite as hard-drinking as it sounds: Bavarians don’t down a quick pint before heading to the office every morning.

Read the full story: www.telegraph.co.uk

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Saturday, June 6, 2015

Both Sides Against The Middle

June 06, 2015 9/11 , Harriet Alexander 0 Comments
Obama Under Pressure To Release Secret Pages Of 9/11 Report 'Showing Saudi Arabia Financed Attacks'

By Harriet Alexander and Peter Foster, Jun. 5, 2015, The Telegraph

The Obama administration is facing renewed pressure to release a top secret report that allegedly shows that Saudi Arabia directly helped to finance the September 11 attacks.

Rand Paul, the Libertarian Republican senator from Kentucky, is demanding that Mr Obama declassify 28 pages that were redacted from a 2002 US Senate report into the 9/11 attacks.

Mr Paul, who been vocal in attacking the bulk NSA spying programmes revealed by the rogue security contractor Edward Snowden and is running for president in 2016, has now promised to file an amendment to a Senate bill that would call on Mr Obama to declassify the pages.

The blacked-out pages, which have taken on an almost mythical quality for 9/11 conspiracy theorists, were classified on the orders of George W. Bush, leading to speculation they confirmed Saudi involvement.

Read the full story: www.telegraph.co.uk

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Monday, June 1, 2015

"American retrenchment, the rise of China and what it means..."

June 01, 2015 Ian Bremmer , National Security 0 Comments
Ian Bremmer: America Is No Longer 'Indispensable'

Ian Bremmer
Credit: Javier Sirvent
By Peter Foster, May 30, 2015, The Telegraph

After six decades serving as the global policeman, the United States is now signalling its retreat from the world.

With the Middle East engulfed by the flames of sectarian conflict, Europe’sborders menaced by the threat of war and China starting to flex its muscles in Asia-Pacific, it is clear the world has entered a new period of volatility.

That uncertainty begs tough questions for Britain: how should we respond to this new American pragmatism? And as our traditional ally turns inward,what should that mean for British foreign policy?

Ian Bremmer, the American foreign policy guru who coined the phrase “G-Zero” to describe this new and unstable world, is the author of ‘Superpower’, a best-selling new book that explores America’s options as a superpower in the 21st century.

Read the full story: www.telegraph.co.uk

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Sunday, May 31, 2015

More Pillage and Plundering

May 31, 2015 Andrew Critchlow , ISIL 0 Comments
Opec Under Siege As Isil Threatens World's Oil Lifeline

By Andrew Critchlow, May 30, 2015, The Telegraph

Thick black smoke rising from the Baiji oil refinery could be seen as a dirty smudge on the horizon as far away as Baghdad after fighters from the Islamic State of Iraq and the Levant (Isil) set fire to the enormous processing plant just over 100 miles north of the capital last week.

The decision to torch the refinery, which once produced around a third of Iraq’s domestic fuel supplies, was made as the insurgents prepared to pull out of Baiji, which they captured last June in a victory that sent shock waves across world oil markets.

A year on from the start of the siege and a shaky alliance of the Middle East’s major Arab powers, with the limited support of the reluctant US government, has failed to contain the expansion of Isil.

The problem for the US and the rest of the industrialised world is that the Middle East controls 60pc of proven oil reserves and with it the keys to the global economy. Should Isil capture a major oil field in Iraq, or overwhelming the government, the consequences for energy markets and the financial system would be potentially catastrophic.

Read the full story: www.telegraph.co.uk

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Tuesday, May 26, 2015

"...countries' debt piles risk growing out of control..."

May 26, 2015 Debt , Goldman Sachs 0 Comments
Goldman Sachs: The World Is Drowning In Debt 

By Szu Ping Chan, May 26, 2015, The Telegraph

The world is sinking under too much debt and an ageing global population means countries' debt piles are in danger of growing out of control, the European chief executive of Goldman Sachs Asset Management has warned.

Andrew Wilson, head of Europe, Middle East and Africa (EMEA), said growing debt piles around the world posed one of the biggest threats to the global economy.

"There is too much debt and this represents a risk to economies. Consequently, there is a clear need to generate growth to work that debt off but, as demographics change, new ways of thinking at a policy level are required to do this," he said.

"The demographics in most major economies – including the US, in Europe and Japan - are a major issue – and present us with the question of how we are going to pay down the huge debt burden. With life expectancy increasing rapidly, we no longer have the young, working populations required to sustain a debt-driven economic model in the same way as we've managed to do in the past."

Read the full story: www.telegraph.co.uk

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Tuesday, September 2, 2014

Ignored mother's videotaped plea

Ignored mother's videotaped plea

September 02, 2014 ISIS , Steven Sotloff 0 Comments
Steven Sotloff 'Beheaded By Islamic State'


Source:  www.telegraph.co.uk

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Monday, August 4, 2014

How did Qatar win host for 2022?

August 04, 2014 2022 World Cup Soccer , Gary Lineker 0 Comments
BBC Host On Soccer: Fifa Corruption 'Makes Me Feel Sick'--Run Like A Dictatorship

Anger: Gary Lineker says the decision 
to hold the 2022 World Cup in Qatar is ludicrous
Source:  www.telegraph.co.uk
By Telegraph Sport, Aug. 4, 2014, Telegraph.co.uk

Gary Lineker has claimed he feels sick at alleged corruption within Fifa and labelled the decision to play the 2022 World Cup in Qatar as "ludicrous".

Lineker was part of England's bid team for the 2018 tournament won by Russia, and insists that England should not bid again if the only way to win is by bending the rules.

In an interview with GQ magazine, the former England striker said: "I was with David Beckham having a burger the night before the Qatar decision. We were out trying to get support; Prince William and David Cameron were out there, too, and I said to Becks, 'We are the only country doing this. The whole thing smells; it is a done deal."'

"It makes you feel sick, actually, the whole Fifa thing, the corruption at the top level is nauseating. Sepp Blatter likewise has run it like a dictatorship for so long and he comes out with so much nonsense."

Asked about the decision to stage the 2022 World Cup in Qatar, Lineker, now one of the BBC's top sport presenters, replied: "Ludicrous. I am not against it going to different parts of the world, but you'd have thought they might have known it would be very hot in summer. You have to be careful what you say, but the corruption is just ... yuck."

Read the full story:  www.telegraph.co.uk

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Monday, July 14, 2014

People Who Claim To Worry About Climate Change Use More Electricity --You mean, like Gore, Moore, Streisand...?

July 14, 2014 Climate Change , Matthew Holehouse 0 Comments
By Matthew Holehouse, Jul. 14, 2014, The Telegraph

People who claim to worry about climate change use more electricity than those who do not, a Government study has found.

Those who say they are concerned about the prospect of climate change consume more energy than those who say it is “too far into the future to worry about,” the study commissioned by the Department for Energy and Climate Change found.

That is in part due to age, as people over 65 are more frugal with electricity but much less concerned about global warming.

However, even when pensioners are discounted, there is only a “weak trend” to show that people who profess to care about climate change do much to cut their energy use.

The findings were based on the Household Electricity Survey, which closely monitored the electricity use and views of 250 families over a year. The report, by experts from Loughborough University and Cambridge Architectural Research, was commissioned and published by DECC.

Read the full story:  www.telegraph.co.uk

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Friday, May 30, 2014

SpaceX Boss Elon Musk Unveils New Dragon V2 Spaceship --Great, but why did he need taxpayer money for Tesla?

May 30, 2014 American Tax Payer , Elon Musk 0 Comments
2014 Tesla Model S
By Reuters, May 30, 2014, Telegraph.uk.co

Space Exploration Technologies, or SpaceX, has unveiled an upgraded passenger version of the Dragon cargo ship NASA buys for resupply runs to the International Space Station.

Rather than parachuting down into the ocean, the new capsule is outfitted with powerful motors and landing legs to make precision touchdowns on land, said SpaceX founder and chief executive Elon Musk, a billionaire technology entrepreneur who also runs the Tesla Motors Inc electric car company.

"That is how a 21st century spaceship should land," Mr Musk said to an audience at SpaceX's California headquarters.

More than 32,500 people also watched the Dragon unveiling on a live SpaceX webcast.

"It is conceivable that we could do the first flight to orbit," said Mr Musk. "We would initially do it without people at the end of next year and then the first flight with people would be in 2016 and we think that would be very achievable."

Lifting the vehicle's hatch, Mr Musk settled into a reclined gold-and-black pilot's seat and pulled down a sleek, rounded glass control panel. The cabin, designed to fly a crew of seven, looked more like a Star Trek film set than the flight deck of NASA's now-retired space shuttle.

Dragon, which launches on a SpaceX Falcon 9 rocket, is one of three privately owned space taxis vying for NASA development funds and launch contracts.

Read the full story:  www.telegraph.co.uk

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Beam Me Up, Scotty: Laws Of Physics Do Not Prevent Teleportation Of Humans, Professor Says

May 30, 2014 Delft University of Technology , Netherlands 0 Comments
Screen shot from the TV series Star Treck
By Agencies, May 29, 2014, Telegraph.co.uk

Star Trek-style ''beaming up'' of people through space could become a reality sometime in the far future, the leader of a landmark teleportation experiment has said.

Nothing in the laws of physics prevents the teleportation of large objects, including humans, Professor Ronald Hanson pointed out.

In contrast, it is physically impossible for anything to travel faster than light.

''What we are teleporting is the state of a particle,'' Prof Hanson, from Delft University of Technology in the Netherlands, said.

''If you believe we are nothing more than a collection of atoms strung together in a particular way, then in principle it should be possible to teleport ourselves from one place to another.

''In practice it's extremely unlikely, but to say it can never work is very dangerous.

''I would not rule it out because there's no fundamental law of physics preventing it.

''If it ever does happen it will be far in the future.''

Prof Hanson's team showed for the first time that it was possible to teleport information encoded into sub-atomic particles between two points three metres apart with 100% reliability.

The demonstration was an important first step towards developing an internet-like network between ultra-fast quantum computers whose processing power dwarfs that of today's supercomputers.

Teleportation exploits the weird way ''entangled'' particles acquire a merged identity, with the state of one instantly influencing the other no matter how far apart they are.

Giving one particle an ''up'' spin, for instance, might always mean its entangled partner has a ''down'' spin - theoretically even if both particles are on different sides of the universe.

Albert Einstein dismissed entanglement, calling it ''spooky action at a distance'', but scientists have repeatedly demonstrated that it is a real phenomenon.

Read the full story:  www.telegraph.co.uk

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Tuesday, April 22, 2014

Tina Brown: A $250Million Down The Drain-- And She Still Thinks She's A Success --Talk about failing up!

April 22, 2014 Daily Beast , Tatler 0 Comments
By Toby Young, Mar. 27, 2014, Telegraph.co.uk

In my latest Spectator column I discuss the extraordinary career of Tina Brown. Tina is often described as the most successful British journalist of her generation and, on the face of it, that's true. She became the editor of Tatler at the age of 25, editor of Vanity Fair when she was 29 and the New Yorker at 38. She then went on to set up and edit Talk magazine, enjoyed a brief career as a chat show host on CNBC and, finally, set up and edited the Daily Beast. She's also the author of a best-selling book about the late Princess of Wales.

But what makes her career "extraordinary" isn't just the fact that it was so meteoric, but that she managed to go from one job to another while the magazines she edited – particularly the ones she set up herself – lost money. And I don't just mean a bit of money. As I say in the Spectator, "I would conservatively estimate she’s lost her backers a quarter of a billion dollars."

How did I arrive at this colossal sum?

When it comes to the first three magazines she edited – Tatler, Vanity Fair and the New Yorker – it's impossible to say with certainty how much money they lost under her stewardship since they're privately owned by the Newhouse family and the companies that publish them have never issued public accounts.

So let's exclude Tatler and Vanity Fair for the time being. We'll come back to them.

According to this article for the New York Times, the New Yorker lost $30 million in 1993, the first full year Tina was in charge, $17 million in 1995, $14 million in 1996 and $11 million in 1998. It doesn't record the losses for 1994 and 1997, but if you factor in that it lost an average of $18 million a year in 1993, 1994, 1996 and 1998, and assume that it lost that amount in 1994 and 1997, the estimated total losses during Tina's reign were $108 million.

Next, let's look at Talk, the magazine Tina launched with great fanfare in 1999. According to this article in the New York Times, by the time it folded in 2002 it had lost its backers (Hearst Magazines and Miramax) $27 million a year each. So that's a total of $54 million over the course of its (roughly) two year life. And that's a conservative estimate. This article in the New York Post puts the figure at $80 million, but I'm going to go with the more modest of the two.

Finally, there's The Daily Beast, which Tina founded in 2008. According to this article by Michael Wolff in the current issue of GQ, the Daily Beast lost a total of $100 million during Brown's five year reign.

If we add up those losses, we get a grand total of $264 million.

Read the full story: www.blogs.telegraph.co.uk

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