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James Murdoch hits out at BBC and regulators at Edinburgh TV festival | Media | The Guardian

  • The BBC Trust ... is here to strengthen the BBC for the benefit of licence fee payers, not to emasculate it on behalf of commercial interests."
08 Nov 09

Devastating "Free Market" Reforms Imposed on Serbia

  • The economy of Serbia was at one time predominantly based on two forms of public enterprises: socially-owned firms that were worker managed, and larger state-owned companies. The last remaining firms in the former category are scheduled to be completely eliminated by the end of this year, while the latter category will take longer to tackle.
  • "the performance of privatized companies is worse than the performance of the sector as a whole," an interesting admission. (2)
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12 Oct 09

U.K. Plans Sale to Cut Its Debt - WSJ.com


  • Britain is expected to borrow some £175 billion next year, leaving it with one of the biggest budget deficits in the developed world, projected to be about 14% of the country's gross domestic product

  • Mr. Brown plans to say that this "marks the beginning of a radical program" in which his Labour government will examine what other state assets can be sold.
04 Oct 09

Pain in Spain May Linger as Banks Seek to Avoid Property Losses - Bloomberg.com

  • Now they’re using
    strategies reminiscent of the boom times -- 100 percent
    mortgages, low interest rates and free cars -- to sell homes,
    potentially slowing a drop in prices that’s needed to spur
    recovery from Spain’s worst recession in 60 years.

  • Developers say they now have to compete with banks, as well
    as each other, to shift stocks of unsold property.

The King and Thai: Global Recession, Political Warfare and Discount Handjobs - By Matt Harvey - The eXiled


  • Thailand is historically the US’s favorite Southeast Asian stooge, so there has been little motivation for executive criticism of the Thai government. Occasionally, as in late August, when a Thai woman was hit with an 18-year prison term for insulting Bhumibol, American newspaper readers are reminded of the bizarre crime of lese majeste. But the media has been overwhelmingly silent about the king’s personal powerlust: deflecting sporadic criticism of his policies—corporate exploitation for the enrichment of the country’s light-skinned elites—onto a chimerical political structure.

  • “most of Bangkok’s best real estate is owned by Thailand’s royal family through the [CPB.]” Sadder still perhaps is that most Thais live under the fiction that this Frankenstein of Darwinian capitalism is, in fact, a charity.
16 Jun 09

Brazil: more dependent than ever - Le Monde diplomatique - English edition



  • In the last quarter of 2008, Brazil’s industrial output dropped by 19%. Eight hundred thousand workers lost their jobs between October and January (nearly 1% of the workforce), and that doesn’t even begin to take account of job losses in the informal economy, which employs around 40% of Brazilian workers. Half a million Brazilians have found themselves back in poverty or extreme poverty.



  • Imports leapt by 52.7% between the first and second half of 1994. As a result, many Brazilian businesses closed or had to go into partnership with foreign companies, which accounted for 70% of Brazilian mergers and acquisitions between 1995 and 1999. Somewhat amazed by the brazenness of this denationalisation programme, the staunchly pro-liberalisation Veja magazine observed that “the history of capitalism has rarely seen the transfer of control on such a scale in such a short period” (7).

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19 May 09

Confessions of an Aca/Fan: Locating Fair Use in the Space Between Fandom and the Art World (Part Two)

  • if we take fair use seriously -- and we should -- we need to find more and better ways to support the risk-takers among us!
  • The really interesting thing to me about this round of takedowns is that they often stem from automated searches by YT itself, not copyright owner complaints
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11 May 09

The Axis powers of gas: Germany, Italy and Russia - NEW EUROPE - The European News Source

  • . “ENI always knew that it would ultimately sell back to Gazprom so this is the next step in a long-running business relationship,” Lee said, telephonically from London on April 8.
  • the biggest problem Nabucco faces is where it will get sufficient gas to fill it in order to make the EU-backed project economically viable.
07 May 09

Asia Times Online :: Central Asian News and current affairs, Russia, Afghanistan, Uzbekistan

  • However, in the
    case of RosGas this may mask a possible attempt by Gazprom to cut gas supplies
    to Firtash's Emfesz, as a precursor to a company takeover - vastly increasing
    its share of the Hungarian domestic gas distribution network.
03 Apr 09

tu.no - – Industrien blir ikke konkurransedyktig - Teknisk Ukeblad



  • Forbundet ser ikke at utleieordningen kan være noen god løsning på
    industrikraftproblematikken.



    – Vi er veldig overrasket over at LO forutsetter at det skal være mulig å si
    at det bare er industrien som skal få leie inn kraft. Vi har ikke sett noe
    sted at det skal være mulig å sette opp den typen diskrimineringsklausul,
    legger han til.

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