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On June 5, 2012, the planet Venus will move across the face of the sun. Such transits of Venus are among the rarest of planetary alignments, and they come in pairs that are eight years apart but separated by more than a century. The public is invited to a free lecture on May 8 being held at the Library of Congress, about the rare Venus transit event. > more
Composite economic indexes released for Australia by not-for-profit the Conference Board, predicted moderate economic growth, among softening conditions. City data from 2thinknow predicted spiky economic outcomes at city level. > more
According to KPMG’s most recent “Competitive Alternatives” analysis, published last month, Greater Montréal has a cost advantage of 5.7% compared to the average for large US cities, making it the leader among the 30 largest North American metropolises that were analyzed. > more
American high school students are poised to help solve Europe’s economic problems, as teams from 25 high schools, including teams from New York, gather at the Federal Reserve Bank of New York on April 30th. > more
Cayman Enterprise City (CEC), the first technology-based Special Economic Zone of its kind in the Caribbean region, is now open for business and welcoming its first clients. > more
A new NASA outreach project will enlist the help of amateur astronomers to discover near-Earth objects (NEOs) and study their characteristics. NEOs are asteroids with orbits that occasionally bring them close to the Earth. > more
We are not just discussing the possibility to make a serious step forward and sign an association agreement, create a free trade zone – we are actively working on it,” said Stefan Fuele, the European Commissioner for Enlargement and Neighbourhood Policy summing up the meeting with Vasyl Dzharty, Prime Minister of the Autonomous Republic of Crimea, Ukraine. The latest round of the Ukraine-EU talks on the introduction of the Free Trade Zone between Ukraine and the EU took place on April 4-8, 2011. > more
The Australian stock market has gone sub 4500 points on indices again. The innovation is awaiting a state change, as some sort of white knight. That horse and rider has not come yet. Instead investors may feel like it’s the shaded horseman of the apocalyptic kind. It’s overshooting on the down side. Here’s why there’s no joy for major index investors in shares – and that includes superannuation… > more
The non-payment risk rate for online merchants in Europe has fallen to the lowest level in 7 years, to just above one quarter of one percent, in some cases superior to bricks and mortar transactions. These and other useful findings are summarised from the Deutsche Bank e-Commerce report. > more
The Bread for the World Institute “Hunger 2010: A Just and Sustainable Recovery” Report has been released, and identifies the need to reduce poverty and hunger as a key to long-term recovery and leadership. The report identifies the current U.S. economic crisis as an opportunity for change… > more
China and South America will be forming closer banking and trade ties, backing the importance of the South American region in innovation economics. > more
December 8, at the Four Seasons Hotel in Midtown Manhattan the Financial Times, will host “Ukraine: Opportunities and Challenges,” a strategic conference focusing on Ukraine’s economic outlook, evolving business environment, key investment opportunities, and the challenges that need to be overcome to reach Ukraine’s potential. > more
There may be some surprises in the Transparency International’s 2009 Corruption Perceptions Index (CPI), a measure of domestic, public sector corruption. Whilst war zones are among the worst, kick-backs, crony capitalism and nepotism means some Western countries fare less well than you might think. It seems institutions and process matter. Read more… > more
The first-ever World Expo held in China will run from May through October 2010, and is expected to attract 70 million visitors – more than any Expo in 150 years of Expo or World Trade Fair history. And it’s a big opportunity for U.S. and Chinese business as well… > more
The recent International Chamber of Commerce (ICC) conference in Cairo, quoted World Bank research linking each 10% increase in internet to a 1.3% increase in economic growth. > more
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4 reasons why ASX is worth 4500 points
The Australian stock market has gone sub 4500 points on indices again. The innovation is awaiting a state change, as some sort of white knight. That horse and rider has not come yet. Instead investors may feel like it’s the shaded horseman of the apocalyptic kind. It’s overshooting on the down side. Here’s why there’s no joy for major index investors in shares – and that includes superannuation… > more