Monday 9 December 2013

WSJ; 'Upstairs' Trading Draws More Big Investors

   According to a report from the Wall Street Journal," the world's biggest investors are changing the way they trade in U.S. markets,  bypassing the broader market, as well as other sophisticated order-routing techniques designed to avoid pitfalls that have become increasingly apparent to investment managers".
  Investors say such measures are increasingly necessary because the proliferation of algorithmic trading and other structural issues, including the fragmentation of the market, are hurting their ability to get the best prices and execute large trades quickly.
The strategies include conducting more "upstairs trades," in which deals are executed among big institutions, bypassing the broader market

A trade has the possibility of wending its way through 13 exchanges and more than 40 "dark pools," off-exchange trading venues that don't publicly display stock trades. A trade could also be executed inside a large broker-dealer that matches buyers and sellers from its own holdings.
Norway's sovereign-wealth fund, the world's largest at more than $800 billion, is among those executing more upstairs trades. These typically involve institutions negotiating a transaction involving a large chunk of stock through a broker, who may buy the block and resell it or take a fee for conducting the deal.
Mutual-fund giants including Fidelity Investments, Vanguard Group and T.Rowe Price Inc say they are placing greater restrictions on how their external brokers execute trades, given the challenge of getting the best obtainable price for as large a chunk of a big order as possible. A heightened risk of information leaking about orders is an additional concern.
 Institutional investors long have complained that market complexity can make trading more difficult and that high-frequency traders were driving up prices by jumping microseconds ahead of big orders.
But big investors say the cat-and-mouse games are growing more elaborate—and counterproductive—by the day.
Proponents of high-frequency trading say that such firms provide much-needed liquidity at a time when trading volumes are diminished. Many participants believe competition between trading venues has reduced costs for most investors.
Still, the Investment Company Institute, a trade organization for mutual funds and other big investors, has hosted a series of conference calls in recent months to discuss market-structure issues with its members.
Regulators also are paying closer attention: The Securities and Exchange Commission launched a website in October to publish data about its research into the consequences of market fragmentation and high-frequency trading. On Oct. 1, the U.S. Financial Industry Regulatory Authority, Wall Street's self-funded watchdog, proposed a rule to increase oversight of dark pools.

A day in my Sabbatical Year. Here I'am at Punta Cana, Dominican Republic.

Taking on my own choice a Sabbatical year, after several years of gambling with stock indexes and junior mining companies(without success).
   My Sabbatical year started on March this year, I'am doing some literature reading. Just finished "My name is Red"of Orham Pamuk. A masterpiece in terms of content and the art of writing literature.

Going back to basics in terms of looking at opportunities of investment, there are some stocks in
 the Peruvian Stock market that are getting cheap. Stock market prices below book value, having earnings, they are not projects. It is time to look at them,an beginning to buy some.
  Tapering by the Fed will result in  volatility in emerging markets currencies and stock valuations,but at the end of the day, fundamentals will prevail. This is not a short run approach.

  And looking around international press, the Asia Pacific Region is the focus of my attention.
There I find that  big opportunities can be found and developed,I will work on them.

Thailand: PM Yingluck Shinawatra: No quick end to unrest

Thailand’s Prime Minister Yingluck Shinawatra has said the government’s door is "still open" to dialogue with the opposition to end the country’s political crisis.
Speaking to foreign journalists on Saturday, she acknowledged she saw no quick end to the current impasse, but stressed she did not want to cling to power. At least five people have died and close to 300 have been injured in protests.
Tensions eased this week, ahead of birthday celebrations to honor King Bhumibol Adulyadej, who turned 86 on Thursday. Opposition leader Suthep Thaugsuban has vowed to overthrow Yingluck’s government, calling for a non-elected "People’s Council". Yingluck, the sister of former Prime Minister Thaksin Shinawatra, was democratically elected in a landslide vote two years ago.
Source: CCTV

Chinese banks eye London branches in 2014

Chinese banks may be able to set up London branches for wholesale businesses as early as next year.
According to the China construction bank international investment forum, the move aims to internationalise the Chinese currency and boost its capital market.
Experts say it also corresponds with London's status as the largest foreign exchange market, and is beneficial for both China and the UK.
British businesses may adopt wider and more frequent use of the Chinese currency next year, as Chinese banks have received the green light to upgrade their subsidiaries to branches in the country. Officials say the process could further lift the city's role as an off-shore renminbi hub in the west.
"London is by far the largest trading center in the world for foreign currencies. It's natural as RMB becomes increasingly used in international trade, London becomes the center for trading in RMB certainly in this half of the world. So we have been keen to help develop the market, " Mark Boleat, Chairman of London Policy and Resources Committee, says.
So far, the only Chinese bank that holds a branch licence in London is the Bank of China, whose first branch dates back to 1929. Other major Chinese banks initiated their presence since the early 1990s, but in the form of subsidiaries. The difference, according to industry players, could be extremely influential.
"Foreign banks' branches could use capital and resources from their head offices, yet subsidiaries may only use its own money to do business. Moreover, branches of foreign banks enjoy looser regulation than subsidiaries set up locally. Finally, the operating structure of foreign branches is simpler than subsidiaries," Fang Wenjian, General Manager of Bank of China Londong Branch, says
British regulation caps the lending limit of foreign bank subsidiaries at 25 percent of its total capital for any single client. Branch operation, industry players say, would be easier for overseas business development as subsidiaries are under stricter scrutiny for investment limits and capital returns.
"We think that it enables the potential for RMB internationization to be realized. The more people here wanting to do business with RMB, the better it will be for Britain, but more importantly for China as well," Alderman Fiona Woolf, Lord Mayor of City of London, says.
Chinese investment in Britain lifted 95 percent last year and the isle country has received the most Chinese capital of all European countries since 2012. The trend is predicted to continue.
Source: CCTV

Population trends in Asia and the Pacific Part I

In 2013, the total population of the Asia-Pacific region stood at 4.3
billion, which is 60 per cent of the world’s population. Currently,
there are 1.8 billion in South and South-West Asia, 1.6 billion in
North and North-East Asia, 0.6 billion in South-East Asia, 0.2 billion
in North and Central Asia and 38 million in the Pacific. The region
hosts the two most populous countries in the world: China with 1.4
billion people and India with 1.25 billion people.
Overall population growth in the region is slowing down with
a growth rate of 0.96 per cent per annum. Different speeds
of population growth in the subregions will shift the region’s
composition (figure 1). While in 1980, 42 per cent of the region’s
population was living in East and North-East Asia, by 2050, only
31 per cent of the region’s population will live there. Instead, in
2050 almost half of the region’s population will live in South and
South-West Asia. As the fastest growing subregion, although still
small, the share of the Pacific of the region’s total population is also
growing from 0.8 per cent in 1980 to 1.1 per cent in 2050.
The region as a whole has undergone the demographic transition,
which is the move from high fertility and mortality to low fertility
and mortality. Fertility in the region as a whole is now at 2.1 births
per woman in 2012, which is considered the replacement level.
This demographic transition changed the region’s age structure
significantly. Due to fertility declines, the proportion of the working
population of the whole region is currently at its peak .
However, the proportion of the working-age population is expected
to decline, while the proportion of older persons is increasing.
Different countries in the region are in different stages of the
demographic transition. Some countries moved to aged societies
two decades ago. Other countries, such as the Republic of Korea,
Singapore and Thailand have been able to harness the demographic
dividend in the past, but are now moving to aged societies with
a decreasing working-age population. Other countries, such as
China and Viet Nam, are still in the phase with a large working-age
population, but this window of opportunity may close soon due to
rapid fertility declines. A large number of countries in the region are still
in the phase with an increasing working population. The challenge for
these countries will be to translate this into a demographic dividend
by ensuring an educated and healthy working age population and
creating jobs for people entering the labour force.

Source: United Nations ESCAP

Asia’s silver linings

They are scattered all over Asia and come from all socioeconomic backgrounds. You will find them in places like Chiang Mai and Phuket in Thailand. They can be found in the Philippines, Malaysia and Bali in Indonesia. You can even find them in Cambodia, Vietnam and China.
They are foreign retirees — mainly Australians, Europeans and North Americans fleeing cold winters and the prospect of spending their twilight years in a nursing home.
Although small in number, they are a growing minority in a region where retirement from Japan to India has become big business.
As Asia’s economic prosperity has grown, so too has its aging population.
The Manila-based Asian Development Bank (ADB) has estimated that Asia’s elderly population will reach 922.7 million by the middle of this century.
The United Nations estimates that in India the number of people aged 60 and above will rise from the current level of around 8 percent to more than 18 percent by 2050. In Southeast Asia, the number will rise from 8 percent to 22 percent and in China from 12 percent to over 33 percent.
According to the ADB, Asia is on track to becoming the oldest region in the world within the space of just a few decades.
The multilateral lender says the “policies and systems of governments in Asia are hardly prepared for this vast demographic shift”.
Even so, some governments — Singapore, Thailand, Malaysia and the Philippines — are cashing in on retirement, or the “silver economy” as it is now being called.
According to Singapore-based Ageing Asia, a marketing consultancy that specializes in aging in the Asia-Pacific region, by 2017 India will have more than 118 million people aged over 60, Japan 30 million, China 217 million and 24 million in Indonesia.
The business of aging — from developers building retirement villages for foreigners or locals, to medical care and companies specializing in holidays for the elderly — is expected to be worth more than $3 trillion in Asia by 2017, according to Ageing Asia.
John Harvey, a former partner with global accountancy firm Ernst & Young, spent more than 40 years in the region. But rather than return to his homeland of the United Kingdom he chose to retire in Malaysia.
“It was an easy decision to make,” he tells China Daily Asia Weekly.
“I wanted a place which had a pleasant climate, with a reasonable cost of living, where English is spoken and where the medical facilities were first class … Malaysia ticked all the boxes,” he says.
Harvey lives in a condominium complex on the outskirts of Kuala Lumpur.
“It is within easy access of everything I need,” he adds.
Malaysia actively encourages foreign retirees as part of a government development program which is tied in with its growing medical tourism sector.
Under the Malaysia My Second Home (MM2H) plan, visas are valid for 10 years depending on whether or not retirees can meet set financial requirements which include having a fixed deposit of at least $47,500 in a Malaysian deposit account or a pension of $3,160 a month.
Thailand offers a similar deal, while Singapore actively targets the high-end retiree.
In the Philippines, some 160,000 foreigners have taken special resident retiree visas. This does not cover those who have retired on investor or tourist visas and those who opted to marry locals.
No government agency in the Philippines has comprehensive data on foreign retirees specifically. Of those with retiree visas, the top nationalities include Chinese, South Koreans and Japanese.
They can stay in the country so long as they pay a cash guarantee of $5,000 and have at least $1,500 in monthly pension income.
Source: China Daily

Logistics to further bolster HK-Guangdong integration

Hong Kong and Guangdong Province can complement and integrate their resources to develop the logistics sector to benefit both regions simultaneously, a mainland official said.
“Since China’s entry into the World Trade Organization in the last decades, the country has gradually opened up to conform to the international standard, and leveraging the logistics sector to promote economic development which had become very important,” Qi Zhenli, Guangdong Province’s Economic & Information Commission Counsel, told delegates attending the Asian Logistics and Maritime Conference held in Hong Kong on Thursday.
“Hong Kong and Guangdong Province have achieved a greater degree of economic integration thanks to the contribution made by the logistics sector in the last 10 years,” Qi said. “As the economies of Hong Kong and Guangdong Province have strong complementing qualities, promoting the logistics sector growth can benefit both sides.”
Qi envisaged that with the completion of the Hong Kong-Zhuhai-Macao Bridge in 2016 and the Guangzhou-Shenzhen-Hong Kong Express Rail Link in 2017, Hong Kong and Guangdong Province will be further linked up. At the same time, more railway networks will link up Shenzhen with Guangxi and Jiangsu Provinces, further enhancing linkages between Hong Kong and the mainland.
“With the rise of trading blocs in different regions, the ability to leverage on the logistics resources to maintain market competitiveness will become a very vital issue for both Hong Kong and Guangdong Province in the future,” Qi said.
Qi noted that there is still room for improvement of the Hong Kong-Guangdong logistics industry sector.
“Custom clearance is still not efficient enough as the two regions have different custom clearance systems. The Guangdong municipal government is looking at more ways to improve custom clearance efficiency, for example, through enhancing information exchange and promotion of more customs declaration electronically,” Qi said.
Source: China Daily

Brasil: O PBI recuo 0.5% no periodo Q3

A forte queda do investimento e o fraco desempenho de serviços e indústria provocaram uma freada na economia no terceiro trimestre. O PIB recuou 0,5% no período na comparação com o segundo trimestre e totalizou R$ 1,2 trilhão em valores.
A retração é a mais relevante desde o primeiro trimestre de 2009, quando houve queda 1,6% como reflexo da crise global, e ocorre num contexto de juros mais altos, crédito restrito, confiança de empresários abalada e desaceleração do rendimento dos trabalhadores.
O colunista da Folha Vinicius Torres Freire aponta outros motivos para o resultado em queda. "Sem investimento, a gente não vai muito long", avalia.

Fonte: Fohla de São Paulo

Le Parlement grec adopte un budget de rigueur pour 2014

Les députés grecs ont adopté, samedi 7 décembre, un projet de budget 2014 marqué par la rigueur, sur fond de crispation des discussions avec les créanciers du pays. Réduite à une étroite majorité parlementaire de 154 sièges sur 300, la coalition conservateurs-socialistes dirigée par le premier ministre, Antonis Samaras, a obtenu 153 votes favorables à la loi de finances.

Le budget prévoit en l'état une hausse de 2,1 milliards des revenus tirés desimpôts pour une baisse de 3,1 milliards des dépenses, grâce à des coups de rabot dans les secteurs de la santé, des assurances sociales et de l'éducation.
La loi de finances mise pour 2014 sur un produit intérieur brut (PIB) en légère progression de 0,6 %, après six années consécutives de récession, dont une contraction de 4 % prévue pour cette année. La Grèce devrait également seretrouver dans un situation inédite depuis longtemps : Ãªtre en capacité de subvenirà ses dépenses ordinaires grâce à son excédent budgétaire primaire (hors service de la dette).
L'Union européenne a jeté une ombre sur ce dénouement positif en annonçant dans la soirée que la « troïka«  des créanciers du pays – Commission européenne, Banque centrale européenne, Fonds monétaire international – différait sa mission à Athènes au mois de janvier, entraînant le gel du versement d'un prêt de 1 milliard d'euros en discussion depuis septembre, faute d'avoirobtenu la mise en Å“uvre de réformes demandées.
Le premier ministre s'est employé devant le Parlement à réfuter cette vision pessimiste, assurant que « la Grèce avait réalisé nombre de réformes que beaucoup pensaient impossibles »« Les changements sont énormes », a-t-il insisté, citant le « rétablissement de la compétitivité », la réduction drastique du déficit budgétaire, la baisse des taux d'emprunt à dix ans du pays.
Il n'a pas caché que les discussions avec les bailleurs de fonds du pays étaient« difficiles », tout en se disant confiant dans l'aboutissement des négociations. Antonis Samaras aurait cependant souhaité parvenir Ã  un accord avant que le pays ne prenne pour six mois la présidence de l'Union européenne, le 1er janvier prochain.
Le budget de la Grèce pour 2014 n'a donc pas reçu l'aval de la troïka et pourraitêtre amendé dans les prochains mois avec de nouvelles mesures d'austérité auxquelles le gouvernement grec serine pourtant Ãªtre vigoureusement opposé.
« Ce budget ne sera pas amendé par la troïka mais par le gouvernement du Syriza », le principal parti d'opposition de la gauche radicale, a promis son dirigeant, Alexis Tsipras, devant les députés. « Voter pour le budget signifie que le désastre va continuer », a ajouté le chef de la formation, donnée au coude à coude avec les conservateurs dans les sondages. La traditionnelle mobilisation contre le budget à l'initiative des syndicats a toutefois rassemblé à peine 200 personnes, contre des milliers les années passées.
Les responsables grecs commencent à Ã©voquer une sortie des plans d'aideinternationaux, à l'échéance du second programme de sauvetage en juillet 2014. Quelque 240 milliards de prêts ont été injectés dans le pays depuis son placement sous perfusion de l'Europe et du FMI en 2010.
Source: Le Monde

Il n’y a pas que le diplôme pour accéder à l’emploi : l’exemple du Club Med

Il n’y a pas que le diplôme pour accéder à l’emploi : l’exemple du Club Med

24,5 % des jeunes (15-24 ans) sont au chômage, selon les derniers chiffres de l'Insee... Face à ce désastre national, il est peut-être temps d'essayer de penser et d'agir autrement. "Hors de la boîte", comme disent les anglo-saxons.
Entreprise atypique, le Club Med fait justement partie de ces employeurs qui sortent des sentiers battus. Chaque année, il recrute entre 2 000 et 2 500 collaborateurs, jeunes pour la plupart (moyenne d'âge : autour de 24 ans), et dont beaucoup (25 % environ) n'ont, au départ, aucune qualification. Et ça marche : beaucoup de ces recrues, engagées le plus souvent sur des contrats saisonniers, finissent par accéder à un emploi "durable" – au sein du groupe ou à l'extérieur. Bref, le Club joue à fond son rôle d'ascenseur social.
Pour parvenir à ce résultat, le Club Med utilise une approche originale, et dont pourraient utilement s'inspirer bien d'autres entreprises. Un ensemble cohérent, adapté à sa culture interne, et qui lui permet de rester fidèle à son histoire. Essayons de dégager les principales leçons de sa démarche.
1. Le diplôme ne fait pas tout. Le Club recrute au niveau bac, à bac +2-3 et plus rarement à bac + 4-5, pour une centaine de métiers différents : hôtellerie-restauration, loisirs (sport, notamment), petite enfance, métiers "support" (RH, compta, finance, etc.). Mais surtout, l'entreprise met l'accent sur les les compétences professionnelles et sur le comportement, beaucoup plus que sur le parchemin.
2. Progression professionnelle + développement personnel : la double promesse du Club. A chacune de ses recrues, le Club n'offre pas seulement un emploi, mais la possibilité de travailler sur soi, d'acquérir une "expérience de vie" inédite dans le monde de l'entreprise. "Notre parti pris est d'aider nos collaborateurs à se révéler, au-delà de leur métier", indique Sylvie Brisson, la DRH du groupe. Le slogan de l'actuelle campagne RH du Club – "Le bonheur de se révéler" – est d'ailleurs très explicite à ce sujet. 
3. L'importance de la promotion interne. Corollaire des deux premiers points, il est primordial que tout ne soit pas joué dès la sortie de l'école, que les portes ne soient pas fermées à 20 ou 22 ans pour le restant de sa vie. Un jeune qui rejoint le Club pour une saison peut parfaitement être repéré comme "haut potentiel" et devenir un jour manager ou chef de village. 
4. Le sens du service, qualité primordiale. Depuis que le Club, il y a deux ans, a fait le choix de monter en gamme, la qualité du service joue un rôle encore plus important. Or ce sens du service, ce goût de "faire plaisir au client", est une compétence appréciée dans une foule de métiers et de secteurs. Et cela, on l'apprend (ou on le développe) au Club.

Source: Le Monde

New economic zones announced for China's western inland

China's government has recently approved the establishment of a new economic inland pilot zone in northwestern Ningxia Hui Autonomous Region and a comprehensive bonded area in its capital, Yinchuan, Vice Premier Li Keqiang announced on Wednesday.
The pilot zone and bonded area are intended to boost the country's domestic demand and to deepen the opening-up of China's western inland area, Li said in his opening speech at the China (Ningxia) International Investment and Trade Fair and the 3rd China-Arab States Economic and Trade Forum.
"While further opening coastal regions to the east, China will also boost its opening to the west at the same time, and special economic zones, pilot zones and key border ports are being established to serve as vanguard," he said.
Their establishment also demonstrates China's policies of developing the west and opening the west, and will help expand the country's opening-up range to developed countries as well as developing countries, according to Li.
"China continues to expand market scale and improve its industrial system to provide more cooperation opportunities for China and other countries as well as opportunities for the world's development," the vice premier said.
The five-day China (Ningxia) International Investment and Trade Fair and the 3rd China-Arab States Economic and Trade Forum are intended to boost economic and cultural cooperation between China and Arabic countries.

China, Arab entrepreneurs discuss cooperation at forum

Chinese and Arab entrepreneurs at the ongoing China-Arab States Economic and Trade Forum agreed that business cooperation between the two sides' companies should be deepened.
Companies should not take "selling products" as the only means of cooperation, but instead consider business cooperation in the long run, He Ping, president of Shanghai-based Langsheng Investment Co., Ltd., said at the event in Yinchuan, capital of Ningxia Hui Autonomous Region.
He said currently, cooperation between companies in China and Arab states mostly extends to commodity purchases and sales in the manufacturing sector, and providing labor forces in the service sector.
"Such low-level cooperation is not good for the internationalization and globalization of Chinese or Arab companies," he said.
The League of Arab States has become China's seventh-largest trading partner, and China is the league's second-largest. Trade between China and the member countries surged 34.7 percent to 195.9 billion U.S. dollars last year.
But large trade volume does not mean deep-level exchange and cooperation, according to He.
He advised companies to cooperate in industrial standards, systems, brand building, market fostering and company globalization.
Zhang Lin, vice president of Chinese auto giant Geely, said the company is building an overseas plant to establish a localized system in cooperation with local companies.
According to Zhang, the number of cars exported by Geely to Arab countries from January to August rocketed 500 percent year on year to 24,000 units, accounting for 43 percent of the company's total export volume. The company is also to cooperate with an auto company in Egypt for auto assembly, under a project expected to be put into operation next year.
Khalil Abdulrah, general manager of the Shanghai branch of Saudi Arabian oil giant Saudi Aramco, said the companies of China and Arab states should investigate markets on both sides, provide high-quality products and services that are compliant to the standards of the other, and help each other become globalized.
The 3rd China-Arab States Economic and Trade Forum opened on Wednesday. More than 7,000 domestic and overseas officials, exhibitors, purchasers and investors from Libya, Jordan, Iraq, Qatar and other developing countries such as Thailand and Malaysia, are attending the five-day forum.
Source: Xinhua

China to work with emerging-market economies

Vice Premier Li Keqiang on Wednesday said China will work with emerging-market economies and developing countries to inject vigor into world economic recovery.
Li made the remarks as he addressed the 2012 China (Ningxia) International Investment and Trade Fair and 3rd China-Arab States Economic and Trade Forum in Yinchuan, capital of northwest China's Ningxia Hui Autonomous Region.
The vice premier noted that China has nearly doubled its trade volume with emerging-market economies and developing countries and nearly tripled its direct investments in the area over the past five years.
"China is willing to strengthen cooperation with those countries to help more nations join common development and achieve more sustainable prosperity," he vowed.
According to Li, China will strengthen strategic cooperation with emerging-market economies and developing countries to provide support on issues concerning each other's core interests, maintain close coordination in major international affairs and help build a new world political and economic order.
"China will also expand mutual-benefit cooperation and promote long-lasting cooperation with those countries to make full use of each other's economic advantages, extend the industrial chain and speed up cooperation among those countries," Li said.
Source: Xinhua

Dans la Drôme, des bataillons d'insectes pour remplacer les pesticides

"Des forces très spéciales tiennent garnison à Livron-sur-Drôme, entre Valence et Montélimar, dans un casernement de 14 000 m2. Des bataillons rampants et volants, mobilisables à tout moment. Leurs armes sont des rostres et des mandibules. Leur terrain d'opération les champs, les vergers et les potagers. Leur ennemi les ravageurs des cultures.

La revue des troupes issues des élevages de la société Biotop a de quoiimpressionner. Il y éclot, chaque année, plus de 100 milliards d'insectes affectés à la lutte biologique contre les nuisibles, dont la PME est le leader français, la seule à développer une production à l'échelle industrielle.
Pas moins d'une cinquantaine d'espèces forme ce contingent animalier, chacune affectée à une cible. Le trichogramme, guêpe microscopique, parasite les Å“ufs de la pyrale du maïs en y pondant ses propres Å“ufs, dont les larves dévorent leur hôte. Les coccinelles croquent les pucerons – plus d'une centaine par jour – ou les cochenilles farineuses qui infestent les agrumes et les plantes d'ornement. La petite punaise macrolophus terrasse les mouches blanches (ou aleurodes) qui ruinent les plants de tomates et d'aubergines. Une autre punaise, anthocoris, est friande des psylles, qui mettent à mal poiriers et oliviers. Les nématodes, vers lilliputiens, anéantissent chenilles et doryphores…
« Nous n'inventons rien, dit Marc Vignau, directeur général de Biotop. Nous prenons des insectes dans la nature, nous les faisons croître et se multiplier, puis nous les remettons dans la nature pour la protéger. » De fait, la lutte biologique contre les ravageurs, ou « protection biologique intégrée » des plantations, est vieille comme l'agriculture. Mais, après avoir Ã©té délaissée par les paysans au profit des traitements phytosanitaires, elle connaît aujourd'hui un renouveau, sous le double effet du retrait du marché de molécules chimiques toxiques et de la défiance croissante des consommateurs à l'égard des pesticides.
« Il serait illusoire de penser pouvoir, aujourd'hui, se passer totalement des produits de la chimie de synthèse traditionnelle, pense Marc Vignau. Ce qui n'est pas illusoire, c'est de moduler leur usage par des méthodes naturelles. » Il en est sûr, « dans la décennie à venir, l'agriculture va se tourner vers ces alternatives plus durables ». Déjà, assure-t-il, 100 000 hectares de maïs sont traités en France contre la pyrale par des lâchers de trichogrammes. Et les « insectes auxiliaires » utiles aux cultures gagnent aussi leur place dans les maraîchages.
Producteur bio de fruits et de légumes à Loriol, à un vol de coccinelle de Livron, Cyril Vignon est un adepte. « J'ai fait le choix de ne plus utiliser de produits chimiques, pour ma santé et parce que je fais de la vente directe et que c'est important pour mes clients », explique-t-il en inspectant ses plants de tomates, d'aubergines et de poivrons, sur lesquels il a dispersé une escouade de punaises.« Pour une serre de 400 m2, il faut compter entre 150 et 250 euros, dit-il. C'est un peu plus cher que la lutte chimique, mais une fois que la serre est traitée, il n'y a plus besoin d'y revenir. »
« LE CAVIAR DE NOTRE PRODUCTION »
Issue d'une collaboration avec l'Institut national de la recherche agronomique (INRA) de Sophia-Antipolis, Biotop, née en 1985 et devenue filiale d'InVivo, premier groupe coopératif agricole français, essaime aujourd'hui dans le monde entier. Elle réalise 50 % de son chiffre d'affaires annuel, de 5 millions d'euros, à l'exportation, en Europe (notamment en Allemagne, en Espagne et en Italie), mais aussi auCanada, au Japon ou en Corée. Avec un produit-phare : les minuscules Å“ufs d'un petit papillon de la famille des mites, la pyrale de la farine, qui servent de matrice aux trichogrammes, mais aussi d'aliment à tous les autres insectes. « Le caviar de notre production », dit Marc Vignau.
Plus de 2 000 milliards de ces Å“ufs sortent chaque année des chaînes de Biotop, qui protège jalousement ses secrets de fabrication dans des salles closes réfrigérées, où la température, l'humidité, la luminosité et la circulation d'air sont surveillées en permanence. « Au moindre écart, nos équipes sont alertées, 24 heures sur 24 et 7 jours sur 7 », indique Eric Thouvenin, directeur industriel. C'est que, dans chaque élevage de papillons nourriciers, couvent « plusieurs centaines de milliers d'euros ».

Source: Le Monde

Snapchat, le«app»con dentro la privacy

Lui ha 23 anni, la sua startup meno di due. Eppure Evan Spiegel ha detto no senza battere ciglio all’offerta di acquisto da 3 miliardi di dollari da parte di Facebook e a quella da 4 miliardi da parte di Google. Forte della convinzione che Snapchat, la sua app per la messaggistica istantanea che permette di inviare messaggi e immagini che si autodistruggono in pochi secondi, possa valere molto di più. L’obiettivo di Spiegel, infatti, è far crescere la piattaforma e soprattutto i suoi numeri: negli ultimi mesi messaggi e foto scambiate sono passati da 200 a 400 milioni al giorno. Una volta gonfiate le cifre, poi, la speranza è aspettare al varco i big chiedendo cifre ancora più alte.
Ma intanto, alla voce profitti, non solo non si registrano cifre record ma, a dirla tutta, non si registra proprio nulla. La startup, in attesa di trovare il modo di guadagnare, sta già programmando un nuovo round di investimenti che potrebbe portarle entro breve 800 milioni di dollari. Il team di Snapchat, formato da una ventina di giovani in gran parte in arrivo dalle aule di Stanford (dove Spiegel e Bobby Murphy, i due cofondatori, si sono conosciuti e hanno inventato l’app), è già al lavoro sui prossimi prodotti: da un lato ci sono le nuove funzionalità dell’app, dall’altro il modo di far fruttare lo strumento. L’applicazione, infatti, fa gola proprio per la funzionepress hold: quando si riceve un messaggio bisogna toccare un pulsante per visualizzarlo ma non appena si stacca il dito questo scompare. Una funzione che potrebbe aiutare le aziende a quantificare in modo preciso per quanto tempo l’attenzione di una persona resta catturata da un’immagine o un messaggio. Ma se l’app miete successi, soprattutto fra giovani e giovanissimi (e c’è chi si chiede se Facebook voglia Snapchat a tutti i costi proprio per recuperare terreno nel mondo dei teen), è proprio perché consente di mandare messaggi proteggendo la propria privacy: dopo pochi secondi foto e video spariscono. E se qualcuno prova a fare uno screenshot l’app avverte il mittente con una notifica.
Spiegel, però, forse sta facendo i conti senza la concorrenza. Di app che proteggono la privacy degli utenti con metodi simili a quelli usati da Snapchat ne sono nel frattempo state lanciate altre. La più nota è Secret. li, applicazione che permette di proteggere la propria privacy su Facebook: grazie ad un sistema di crittografia, rende visibili le foto che si caricano sul social solo a determinati utenti (prima di cancellarle del tutto). E gli altri? Vedranno solo un ammasso di pixel senza poter intuire nulla del contenuto delle immagini. In realtà, di modi per aggirare i sistemi di protezione di Snapchat e Secret. li non mancano: da metodi semplici come lo screenshot (per Secret. li) o da altri più complessi (come le app specifiche per hackerare Snapchat).
Anche nel campo della messaggistica la concorrenza è molto agguerrita. La parte del leone la fa WhatsApp (con i suoi 300 milioni di utenti il servizio più utilizzato in molte parti del mondo), ma ci sono anche la cinese WeChat, 400 milioni di iscritti, la giapponese Line, con 250 milioni di utenti, la sudcoreana Kakao Talk, 110 milioni di download. Lo stesso Zuckerberg, dopo il doppio no di Spiegel, non è rimasto con le mani in mano. Prima ha rimesso a nuovo Messenger, l’app di messaggistica legata a Facebook. Ora sembra che sia al lavoro sullo sviluppo di un sistema di messaggistica legato a Instagram. Non si sa ancora nulla, ma secondo i rumors si tratterebbe proprio di un modo per condividere immagini tra utenti in modo privato. Proprio come fa Snapchat.

Corriere della Sera

Banco Mundial: No Brasil falta mais eficiência ao SUS do que verba

"Os problemas de acesso e cuidados especializados no SUS têm mais a ver com desorganização e ineficiência do que com falta de dinheiro.
Essa é uma das conclusões do Banco Mundial em relatório obtido com exclusividade pela Folha que analisa 20 anos do SUS e traça seus desafios.
O próprio governo reconhece a desorganização, mas aponta avanços nos últimos anos.
O subfinanciamento é sempre citado por especialistas, gestores e governos como uma das principais causas para as deficiências do SUS.
E o Banco Mundial reforça isso: mais da metade dos gastos com saúde no país se concentra no setor privado, e o gasto público (3,8% do PIB) está abaixo da média de países em desenvolvimento.
Mas o relatório afirma que é possível fazer mais e melhor com o mesmo orçamento.
"Diversas experiências têm demonstrado que o aumento de recursos investidos na saúde, sem que se observe a racionalização de seu uso, pode não gerar impacto significativo na saúde da população", diz Magnus Lindelow, líder de desenvolvimento humano do banco no Brasil.
Um exemplo citado no relatório é a baixa eficiência da rede hospitalar. Estudos mostram que os hospitais poderiam ter uma produção três vezes superior à atual, com o mesmo nível de insumos".

Fonte:Fohla de Sao Paulo

Nelson Mandela: How Africa has changed in his lifetime

Nelson Mandela was born into a continent colonised and in servitude to European powers. Only Ethiopia and Liberia were independent. But Germany's defeat in the first world war brought about a reworking of the colonial order with its possessions in what are now Tanzania, Cameroon, Togo, Burundi and Rwanda distributed among the war's victors – Britain, France and Belgium. German South West Africa, now Namibia, fell under South African control.
Mandela was a citizen of a new country: South Africa had been born eight years earlier with the unification of four British colonies, including the two former Afrikaner republics of the Transvaal and the Orange Free State, taken over after the Boer war. Ironically, the Boer struggle was widely seen as the first anti-colonial fight of the 20th century against the British empire.
South Africa, because of its large white population, was a politically autonomous dominion under the British crown, unlike the UK's other African colonies. In 1918, some territories were still regarded as the private property of commercial companies. Southern Rhodesia, now Zimbabwe, was owned by the British South Africa Company and would not be recognised as a colony until 1923.
Whatever the status of territory, the plunder of Africa's wealth – its gold, rubber, tobacco, diamonds, ivory and copper – was unrelenting. But the seeds of the independence movements were sown with the hundreds of thousands of Africans who served in the first world war helping to raise political awareness and challenge white claims of racial superiority.
Ethiopia was one of only two independent countries in Africa when the Italian fascist dictator, Benito Mussolini, decided to expand his small "African empire". Italy invaded in 1936, overthrowing Emperor Haile Selassie and confirming the League of Nations as toothless in the face of fascist aggression. Ethiopia was integrated into Italian East Africa with Eritrea and Italian Somaliland.
From 1940, the desert war ranged across north Africa for three years, swinging from French Tunisia through Italian Libya to within striking distance of Cairo. That conflict once again remade the colonial map, with Italy forced to relinquish its rule of Libya and Somalia, and Ethiopia liberated in 1941. It was also deciding the future of imperial rule in less immediately evident ways. After the war, France recovered possession of Tunisia, where a sizeable expatriate population lived, but its authority was fatally undermined and it was independent within a few years, along with Morocco.
Newly demobilised African soldiers who served the allied cause in north and east Africa, Europe and Asia arrived home questioning the disconnect between the Allies' trumpeting of freedom with the continued subjugation of their own continent.
A smattering of well-educated anti-colonial leaders provided the arguments and the direction to draw increasingly restless Africans into the struggle for their freedom.
The National party won power in South Africa with an unexpected and narrow victory on a platform of more rigid race segregation. Afrikaner leaders portrayed apartheid as a form of social upliftment for poorer whites, in part by protecting their jobs from cheaper black labour. The vote for the National party was also in part a backlash against British influence by Afrikaners still bitter about the Boer war and loss of self-determination. At the time, Britain and its western allies sought to placate the new government in Pretoria which did not immediately look so out of step with the colonial regimes and their systems of race-based privilege, power and segregation.
But as the British prime minister, Harold Macmillan, reminded the South African parliament in his"wind of change speech in Cape Town  in 1960, the apartheid government was on the wrong side of history. South Africa left the British Commonwealth the following year.
The rapid decolonisation of most of Africa helped drive the white regime's increasingly repressive response to resistance to apartheid legislation, including the arrest and trial of Mandela and other ANC leaders.
The tumble of decolonisation across sub-Saharan Africa began with the Gold Coast, reborn as Ghana in 1957.
Ghana's first president, Kwame Nkrumah, espoused a pan-African philosophy that inspired other subjugated nations and alarmed complacent imperialists who initially imagined they could drag out the independence process in other parts of Africa, especially in countries where there were large numbers of white settlers.
But Britain had learned the hard way with the Mau Mau rebellion in Kenya that if it was not prepared to negotiate an end to its rule then Africans would fight for it. Within a few years, most of Britain's colonies in Africa had gained independence or were on the brink of it.
France gave up control of two of its north African Arab colonies, Tunisia and Morocco, in 1956 in the hope of clinging to a third – Algeria, then home to close to one million white settlers, which Paris regarded as a department of France.
The ensuing struggle brought down the French Fourth Republic and stripped Paris of its colonial delusions. Paris's brutal "pacification" of the independence struggle pushed Algeria to civil war. The French claimed military victory but the political shock at home was so great that Algerian independence could no longer be resisted.
The Algerian war helped dispel any lingering hopes of France holding on to its sub-Saharan colonies and most were freed in a burst of independence celebrations in 1960. Belgium pulled out of the Democratic Republic of the Congo the same year, and Rwanda and Burundi two years later.
But Paris made sure to hold its former colonies close through economic, political and military ties, including underpinning regional currencies.
As the imperial powers withdrew, the determination of the remaining settler administrations to hold on to power hardened. Ian Smith's white government of Rhodesia made a unilateral declaration of independence on 11 November 1965 in resistance to the UK's plans to make the colony independent. Britain declared the move an "act of treason". Rhodesia found backing from apartheid South Africa, including crucial economic assistance, and Portugal, which gave access to ports in Mozambique. But Rhodesia was besieged by sanctions and then an escalating insurgency in the 1970s which strengthened after Mozambique gained independence and provided a base for Robert Mugabe's Zanu guerrillas. Eventually, the white minority regime was overwhelmed by the military and economic pressures, although Smith later blamed South Africa for Rhodesia's collapse, saying it had been "stabbed in the back" by Pretoria. Mugabe became the first – and only prime minister – of an independent Zimbabwe in 1980.
Armed independence movements launched rebellions in the early 60s in Portugal's remaining territories – Angola, Mozambique and Guinea – and were met with increasing brutality. The economic and political toll of the conflict helped prompt a coup in 1974 that overthrew the rightwing regime in Lisbon. Angola, Mozambique and Guinea-Bissau gained independence the following year.
The early hope of the newly independent African nations was rapidly undermined by the cold war struggle as Soviet backing for African liberation movements was countered by American support for military coups and authoritarian leadership.
Under protection of western aid based largely on anti-communist credentials with little concern about the quality of governance, military dictatorships and one-party states run by presidents-for-life emerged from Nigeria to Malawi, Kenya to Zambia, Zaire to Ivory Coast, while the Soviets sponsored governments such as Ethiopia and Mozambique.
The cold war confrontation was at its bloodiest in Angola where the Soviet-backed government and Cuban troops fought a long war against Jonas Savimbi's US-sponsored rebels and South Africa's army. The conflict destroyed towns and villages across the oil-rich country and cost hundreds of thousands of lives.
For many years during the 1970s and 1980s, Africa was defined to much of the rest of the world by its more brutal and extreme leaders, such as Uganda's Idi Amin, who was regarded as part clown and part monster, and Zaire's Mobutu Sese Seko, who stole billions of dollars while his country collapsed around him.
Neither South Africa's white regime nor Mandela's ANC predicted the Soweto uprising, which kicked off the escalating popular resistance that played a central role in bringing down apartheid. On 16 June 1976, thousands of students took to the streets against the government forcing black schools to teach many lessons in Afrikaans, not only seen as the language of the oppressor but also as a further means of keeping black people down.
The South African police responded to the protest with violence, killing 23 people on the first day, including 13-year-old Hector Pieterson, who became a symbol of the uprising. Hundreds more died in the following months. The protests marked a new wave of popular protest against apartheid inside South Africa which put the ANC at the forefront of the liberation struggle inside the country. The white regime responded with increasing repression that only fed the popular resistance and gave rise to a broad coalition of opponents of apartheid, including trade unions, churches and civic groups, under the umbrella of the United Democratic Front. The white government's increasingly heavy-handed response fuelled international outrage and led to the tightening of sanctions.
Mandela's release from prison on 11 February 1990 prompted a wave of expectation among people across Africa weary of maladministration and political leaders clinging to power. Old leaders were forced out across the continent, including in Zambia, Malawi and Kenya. A much heralded "new breed" of leader had already emerged led by Yoweri Museveni in Uganda, although he, too, came to be accused of authoritarian tendencies after ruling his country for longer than any of his predecessors.
The press for political change was less successful elsewhere, and in Nigeria it resulted in another military coup. Newfound political freedom could not release African nations from their dependence on foreign aid which came with added strings requiring adherence to western neo-liberal economics. Some African states had already suffered the imposition of International Monetary Fund and World Bank economic plans which proved particularly harsh on the poorest by reversing the benefits they enjoyed such as free schooling. More countries were forced into privatisation programmes and other measures that caused hardship and undermined support for newly elected democratic governments.
Mandela was elected South Africa's president in 1994 and set an example by stepping down five years later. He was replaced by his deputy, Thabo Mbeki, regarded in the west as a steady pair of hands with a strong intellect but his credibility was eroded by outlandish views on the Aids epidemic and for siding with Zimbabwe's Robert Mugabe.
As South Africa celebrated its newfound democracy, Rwanda was descending into its own particular hell. The post-cold war pressure for democratisation combined with the legacy of colonial racial theory to prompt Hutu extremists to attempt to cling on to power by engineering the slaughter of hundreds of thousands of Tutsis. The genocide set in motion a series of events that saw the toppling of neighbouring Zaire's long-standing ruler, Mobutu Sese Seko, and years of war in what became the Democratic Republic of the Congo. Out of the tragedy emerged a new Rwanda led by one of Africa's most polarising leaders, President Paul Kagame.
The Rwandan genocide also helped shape international justice, with a United Nations tribunal to try the organisers of the slaughter that presaged another in Sierra Leone and the birth of the international criminal court. African leaders initially welcomed the ICC after it indicted Joseph Kony, leader of the Lords Resistance Army responsible for recruiting child soldiers and other crimes in Uganda. But the mood changed as the court came to be seen increasingly as exercising a double standard in indicting African leaders, including in Sudan and Kenya, while avoiding investigation of actions of western leaders in Afghanistan and Iraq.
China is emerging as the new foreign economic and political force in Africa. Some have condemned Beijing's rising influence as a new form of neocolonisation. Others praise China for helping to release African nations from their dependence on western aid.
China's thirst for minerals and oil, and its hunt for markets for its goods, has seen it develop close ties to Angola, Sudan and the Democratic Republic of the Congo. It has bought up copper mines in Zambia and all but killed the textile industry there by flooding the country with cheap clothes.
Critics of Beijing's expanding influence in Africa say that China is so hungry for resources it does deals with authoritarian regimes and doles out aid without consideration of issues such as good governance.
But China has also delivered on promised aid after decades in which western governments cared more about the political alignments of African leaders than development of their countries. Beijing has built an extensive new network of roads in the Democratic Republic of the Congo, for instance, after decades in which the number of paved roads fell sharply despite billions of dollars in western aid.
Growing Chinese influence alarms Washington. Hillary Clinton, then the US secretary of state, warned last year that Beijing is out to plunder the continent and African governments would do well to huddle under the protective wing of America's supposed commitment to freedom.
Source: Chris McGreal, theguardian

Innovation and Investment Pop Commodity Price Bubble

   According to a report from the Wall Street Journal,"economists for years warned that rising demand for natural resources by China and other emerging markets would outstrip supply, leaving the world short of everything from nickel to coal, copper and corn".
But a remarkable period of innovation and investment has produced a far different picture. "Expanded supply has helped moderate commodity prices over the past year after a decade of demand from China helped push many prices into the stratosphere.
The International Monetary Fund's index of all commodity prices is down about 12% from recent peaks; it had roughly tripled between 2000 and 2011. Copper is down 28% from its record high in 2011, while thermal coal has fallen by more than half since a 2008 peak".
"Of course, price declines are also driven by weaker demand, especially in China, where economic growth has slowed. And prices for many commodities, including oil, remain far above their average from 10 or 15 years ago.
The most widely known innovation is the oil-field technique known as hydraulic fracturing, or fracking, which fueled the shale boom by injecting water and other materials into the earth to unlock oil and natural gas.
But in agriculture, farmers are tapping new patches of arable land, and turning to higher-yielding hybrid seeds.
In the mining industry, drilling companies are using diamond-coated drill bits to reach miles farther beneath the earth's surface. They also employ aircraft radar to map the geology of remote areas. Firms that mix chemicals into minerals to make desired metals rise to the top or sink to the bottom now extract more product than ever from lower-grade deposits.
On top of all that, many projects that were funded years ago—including new or expanded copper, silver and nickel mines—have started producing.
As as result, mine production has nearly doubled or tripled for every major metal over the past two decades, according to the U.S. Geological Survey and other organizations.
Between 2000 and 2012, aluminum output increased to 45.7 million metric tons from 24.7 million, according to the Raw Materials Group Stockholm, a consultancy. Production of iron ore, used in steelmaking, hit two billion metric tons from just 975 million over the same period".

Testing Honda's "mind-controlled" UNI-CUB β

“It has a top speed of 6 km/h, it balances itself, and you couldn’t crash it if you tried. How can you possibly see that as one of the biggest thrills of your life?” That was the response from an automotive journalist colleague at the Tokyo Motor Show after I'd eulogized riding Honda’s UNI-CUB β personal mobility device to him.
It’s a typical reaction to the next generation of transport from the people who write solely about the four-wheeled current generation. Indeed, those who are of healthy body, and not elderly, or mobility impaired, usually don't quite fathom the need for more sedate yet practical forms of transport.
The world is facing an energy crisis, a global warming crisis brought on by humanity polluting the atmosphere, severe overcrowding in cities and a host of complex mobility problems, and yet the vast majority of us continue to drive cars weighing several tons with four or more seats as our sole personal transport. Given perspective, this is not the answer.
Personal mobility solutions of the future must be much smaller, use far less energy, and reduce pollution to a minimum.
In the last few years, I’ve tried many non-conventional personal transport solutions – many Segway models and Chinese clones of the revolutionary self-balancing design, the Yikebike, several prototypes of Toyota’s iReal, several prototypes of Toyota’s Winglet, Robstep’s M1, General Motors prototype EN-V self-balancing car plus a variety of one-, two-, three- and four-wheeled mobility solutions and while many have impressed me, none have had quite as much impact as the Honda UNI-CUB β I tried two weeks ago at the Tokyo Motor Show.
Like many of those devices, Honda's UNI-CUB β is self-balancing, but it offers so much more than simply staying upright of its own accord.
The main reason for my fascination with the MINI-CUB is the astonishing ease-of-use thanks to its very advanced user interface which gives using the machine a “degree of difficulty” of zero.
From the moment it moved with my 85 kg weight aboard, I realized the UNI-CUB β nano-EV offered something very close to a direct vehicle-brain-interface, with only “intention” required to move in a certain direction or speed.
Though it deduces its instructions (the rider’s intentions) using a combination of complex but known technologies, it is the refinement of the control software which is the most impressive – it seems to "know" what you want it to do, giving it a telepathic feel, and it obeys your thoughts so smoothly, that confidence is inspired from the first moment. The other factor which made it one of the thrills of a lifetime, is its driving wheel, which is so advanced that it might one day become recognized as the "Wheel V2.0” – Honda’s Omni Traction Drive System.
For those enchanted by ingenious technological solutions (AKA Gizmag's readership of four million human beings per month), the Omni Traction Drive System will be recognized as mechanical artistry at its finest.
The omni-directional wheel consists of many small motor-controlled wheels connected to form one large wheel.
Source: Gizmag

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