Fisher Capital Management Investing Solutions

Korea’s central bank governor cautioned companies, individuals and the government yesterday on the danger of taking on an unreasonable level of debt.

During a meeting with corporate executives yesterday, Bank of Korea Governor Kim Choong-so said, “corporations, the government and individuals should pay close attention to how much debt they take on.”

The BOK’s 25 basis point rate hike last Friday will increase interest payments for debt holders.

Longtime technology professionals may be excused from exclaiming, “Aw man, now this again!” when it comes to the ongoing debate about IPv6. That’s because it really does look a lot like what many went through throughout the late 1990s in the lead-up to Y2K.

Go back to the months and years before January 1, 2000, and it seemed two equally strong, equally dogmatic and dramatically opposed viewpoints were trumpeted everywhere as loyalists vied for the time, attention and dollars of IT managers.

Longtime technology professionals may be excused from exclaiming, “Aw man, now this again!” when it comes to the ongoing debate about IPv6. That’s because it really does look a lot like what many went through throughout the late 1990s in the lead-up to Y2K.

Go back to the months and years before January 1, 2000, and it seemed two equally strong, equally dogmatic and dramatically opposed viewpoints were trumpeted everywhere as loyalists vied for the time, attention and dollars of IT managers.

In one camp, the entire world was going to plunge into darkness at the stroke of midnight because programmers years ago decided to save only two digits in the date field. Technology as we knew it would stop, planes would fall from the sky, and the very infrastructure of our world would fall apart. In short: Everybody panic!

The International Monetary Fund has called on European banks to boost their capital reserves, in order to protect them against fluctuations in the financial system, which could precipitate another financial crisis.

The IMF described vulnerable European banks as being “caught in a maelstrom of interlinked pressures”, although it did say that global financial stability was returning to the world economy.

Of particular concern were major banks in Germany, Italy, Portugal and Spain.

The results were published as part of the IMF’s Global Financial Stability Report, which further added that countries saddled with sovereign debt problems, as well as vulnerable banks, were in significant danger of instability.

These countries include Portugal and Spain, which are both facing difficult debt crises.

According to the report, the world’s banks face a US $3.6 trillion “wall” of debt, which will mature in the next two years.

“Mexico were playing in front of a home crowd in Los Angeles and it’ll be exactly the same in Denver, but that’s great,” Herbert said of the 90,000 fans who attended last year’s match that was won 2-0 by Mexico.

“We could be back in this part of the world in 2013 trying to take that last step to Brazil (2014 World Cup finals) so we want another taste of that type of intimidating environment.”

The Oceania champions qualified for the 2010 World Cup finals by beating the fifth-placed Asian side Bahrain in a two-legged playoff but their route to the 2014 finals could be vastly different.

World governing body FIFA will conduct a draw determining whether the winner of New Zealand’s Oceania group will play off against Asian, North American or South American opposition for a place in Brazil.

The match in Denver comes four days after Mexico face Ecuador in Seattle and will be their last warm up before they defend their CONCACAF Gold Cup title beginning on June 5, NZF said.

Global financial system, mirrored the complex but less disease-resistant ecosystems such as the Amazon rainforests, leading to its rapid decline from 2008. Photograph Getty Images



In the eight centuries from 1000-1800 AD the world’s fish stocks and species numbers were stable and healthy. In the subsequent 200 years, 40% of the species in coastal waters collapsed, showing falls in their population by 90% or more.

There was a pattern to this story of decline. There was a much-less marked attrition in coastal regions with richly diverse marine ecosystems than in regions exhibiting low levels of diversity.



What does this have to do with economics? Quite a lot, as it happens. In recent years, as the limitations of the rigidly mathematical approach to economics have been exposed, there has been interest in what the dismal science can learn from biologists, ecologists, geneticists, physicists and psychologists.

G20 leaders leave Washington on Monday after moving forward with a complex plan to rebalance the world economy and to avoid a 2007-style global financial crisis.

The IMF is attempting to guide major economies like China and India – but after the Asian financial crisis of the last decade many Asian nations are reluctant to let the IMF guide them on managing huge flows of capital into their economies, saying it would hinder rather than help.

Long Yongtu is a Chinese government official who heads a G20 institution, the G20 Research Centre.

He told the BBC’s Juliana Liu that Beijing is wary of interference from the G20 in its domestic economic policy, and is already taking steps to boost domestic consumption.

Facebook survey scammers, the hardest-working crooks in cybercrime, are exploiting Facebook’s loosely-controlled photo-tagging technology to develop more attention-grabbing scam lures.

The starting point of the scam commonly appears with users finding themselves tagged in their online friends’ photo albums.

Clicking to investigate further will lead to a link seemingly promoting a game based on the upcoming movie Twilight: Breaking Dawn. Other themes have also been seen, for example pictures of food sold at the Olive Garden restaurant chain, posted without permission of the eatery.

In reality, no Twilight game nor pictures are on offer. Would-be marks are simply encouraged to install a rogue application that earns scammers money by encouraging users to complete a worthless survey. Once granted permission, the rogue app messes around with a users’ photo album and claims that the user “likes” the rogue app, among other things.

Inexperience and rash decisions are to be blamed for challenges facing the coalition People’s Partnership (PP). This is the view of political analysts who firmly believes the first anniversary of the “Fyzabad Declaration” that saw five national leaders coming together to form a political party, should be used as a learning experience rather than a reason to celebrate. In fact, as the PP gears up to celebrate its first anniversary of its crushing electoral victory over the People’s National Movement on May 24, the analysts are warning that decisive action must be taken and a change in governance must be adopted immediately if the political party intends to contest another election. The PP is also being urged to address the issue of crime that is said to be negatively impacting the Government and affecting citizens.

WATERVILLE, Maine — The installation of cutting-edge equipment at the Maine Children’s Home for Little Wanderers is being counted as the latest triumph in Efficiency Maine’s quest to reduce the state’s reliance on foreign oil.
The project, which consists of humble thermostats throughout the five-building campus, wiring and a sophisticated computer panel in the dark recesses of a boiler room, may lack the luster of a more high-profile building project, but according to Executive Director Sharon Abrams, it will save the organization up to $10,000 a year for its core mission: helping children and families.

“At this time last year, this was just a dream,” Abrams said Tuesday during a press conference called in advance of Earth Day, which is Friday. “Then we heard about an Efficiency Maine grant. We’re saving money as of today.”

Efficiency Maine, an organization that was established by the Maine Legislature in 2002, provided $17,625 toward the $35,000 project.