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Health experts warn of stroke ‘crisis’ in Europe

by admin on Dec.09, 2009, under Dead, Dead Children, Deadly Attacks, Deadly Bacteria, Global Economic Crisis, Global Flu Pandemic, H1N1, Human Extinction, global climate change

Health experts warned Wednesday of a stroke crisis in Europe which is already costing the region’s economy an estimated 38 billion euros ($56 billion) a year, with numbers expected to rise as populations age.

In a report for the European Parliament, medical experts working with the campaign group Action for Stroke Prevention, said atrial fibrillation (AF), the most common form of abnormal heart rhythm, affects more than six million people in Europe and increases the risk of stroke by five times.

The economic and health impact of stroke is predicted to grow as the number of people with AF is expected to rise two and a half times by 2050 due to aging populations, the report said.

It the said economic burden created by patients suffering strokes accounts for 2 to 3 percent of total healthcare spending in the European Union and AF is responsible for 15 to 20 percent of all strokes caused by blood clots.

“This burden will increase in years to come, due to both the improved survival of patients with conditions such as heart attacks and Europe’s aging population,” the report said.

Gregory Lip, professor of cardiovascular medicine at the University of Birmingham, said the majority of such strokes were preventable, but under-diagnosis and poor care of AF patients, as well as under-use of medicines and the side-effects of drugs means stroke creates “an unnecessary and heavy burden” on patients, carers and health systems.

AF causes the two upper chambers of the heart to quiver instead of beating properly, resulting in blood pooling and potentially forming clots that can cause stroke. Patients can be given anticoagulants, or blood thinners, to help prevent clots.

Stroke is the most common cardiovascular problem after heart disease and kills an estimated 5.7 million people worldwide each year. Current trends suggest the number of strokes in the European Union will rise from 1.1 million a year in 2000 to 1.5 million a year by 2025, the report said.

Action for Stroke Prevention, an alliance of cardiologists, neurologists, family doctors and patient groups, urged EU policymakers to improve stroke risk assessment and diagnosis of atrial fibrillation before the increasing frequency of strokes becomes “a major public health crisis.” Hard money training.


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Isolationism soars among Americans, poll finds

by admin on Dec.03, 2009, under Attack Suicide, Chinese economy, Dead, Global Economic Crisis, Global Flu Pandemic, Human Extinction, Suicide Attacks, World Tourism, murder

Americans are turning away from the world, showing a tendency toward isolationism in foreign affairs that has risen to the highest level in four decades, a poll out Thursday found.

Almost half, 49 percent, told the polling organization that the United States should “mind its own business” internationally and let other countries get along the best they can on their own, the Pew Research Center survey found. That’s up from 30 percent who said that in December 2002.

Results of the survey appear to conflict with President Barack Obama’s activist foreign policy, including a newly announced buildup of 30,000 U.S. troops in Afghanistan to fight Taliban and al-Qaida extremists.

“Isolationist Sentiment Surges to Four-Decade High,” the nonpartisan research center headlined its report on the poll about America’s role in the world.

Only 32 percent of the poll respondents favored increasing U.S. troops in Afghanistan, while 40 percent favored decreasing them. And fewer than half, or 46 percent, of those polled said it was somewhat or very likely that Afghanistan would be able to withstand the radicals’ threat.

Forty-one percent of those surveyed said the United States plays a less important and powerful role as a world leader than it did a decade ago, up from 25 percent who said that just before the Sept. 11, 2001, terrorist attacks, the report said.

Pew Research Center President Andrew Kohut said in an interview that the “very bad economy” appeared most responsible for the growth of isolationist sentiment. He said the public was also “displeased with the two wars we are waging, in Iraq and Afghanistan.”

While isolationism and unilateralism reached four-decade highs among the public, the stature of China increased.

Among Americans polled, 44 percent said China was the world’s leading economic power compared with 27 percent who named the United States. In February 2008, 41 percent said the U.S. was the leading economic power, while 30 percent said China.

A majority of Americans surveyed, or 53 percent, see China’s emerging power as a threat to the United States. Hard money training.


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One Dazing Decade

by admin on Nov.09, 2009, under Assisted Suicide, Attack Suicide, Attempted Murder, Dead, Dead Children, Global Economic Crisis, Global Flu Pandemic, Indonesia City, Suicide Attacks, Tsunami, World Economy, indonesia, murder

There is no such thing as a dull decade. The arc of history is long—to maul a line by Dr. Martin Luther King—and it bends toward stuff happening. Even the 1970s, generally regarded as the ugly stepdecade of the 20th century, played host to a White House scandal that sprawled on for months, metastasizing into the only presidential resignation in American history. Beat that, 1980s. (OK, no sweat: the fall of the Berlin Wall, the implosion of the Soviet Union …) Still, there are decades when a few earthquakes shuffle the terrain and jostle the nerves—and then there are decades when the world splits open to the boiling core and remakes itself.

Maybe after a generation or two have passed, the events of the 21st century’s first 10 years will recede in significance. With time, perhaps 9/11 will go back to being just another day in September. It sure seems unlikely from here. Indeed, the 10-year period beginning in 2000 has been marked by a string of colossal events that, in any other decade, would have been the undisputed story of their time. It has been a dazing and bedazzling era, almost biblical in its bookending events: the televised tragedy of 9/11 and the election of America’s first black president—a man whose name meant nothing to anyone outside of politics until just a few years before his ascension to the most powerful office in the world. Just think: Hurricane Katrina—a catastrophe so vast it nearly wiped off the map an entire American city—rates a distant, even debatable, third among this decade’s biggest headlines. The Boston Red Sox, trailed around by the Curse of Babe Ruth since 1919, finally won the World Series—twice!—but they, too, must get in line behind two ongoing wars, a global financial collapse, a cataclysmic tsunami, torture, Bernie Madoff, and on and on.

The one thing this decade hasn’t had, oddly, is a name. We could never seem to agree on one. Is it the Aughties? The Double-Zeroes? The Oh-Ohs? The 2K’s? The Zeds? It shouldn’t matter, except that it’s hard to wrap your arms around something when you don’t even know what to call it. “The ‘50s,” “the ‘60s”—for Americans, the terms conjure a specific, albeit oversimplified, portrait of those eras in America. But perhaps it’s fitting that this decade should remain stubbornly absent a name. It’s been too big, too vast, too cataclysmic, too transformative for just one.

And in any case, a decade is just an empty unit of time, arbitrarily walling off of events that exist both within and beyond them. They are mostly useful as a means to an end: when we get to the close of one decade, we use it as an excuse to indulge in two beloved pastimes, looking backward and making lists. As 2010 draws closer, Newsweek.com will be doing plenty of both. “NEWSWEEK 20/10” will commemorate the end of the decade by unveiling 20 top-10 lists over the next four weeks, each one surveying the past decade from a fresh perspective and featuring guest essays by some of the biggest names of the world, many of whom made the news they’ll be writing about. Additionally, thanks to a first-of-its-kind partnership with Facebook, NEWSWEEK is proud to offer readers the ability to reorder every one of the lists in “Newsweek 20/10.” It’s your chance to play along and tell us what we got wrong.

Along with our package of 20 lists, NEWSWEEK’s leading writers—a group that includes Fareed Zakaria on global affairs, Howard Fineman on U.S. politics, Daniel Gross on the economy, Sharon Begley on science, and Daniel Lyons on technology—will take turns over the coming days sharing “One Big Thought About the Decade.” We’ll also unveil a giant, decade-spanning slideshow, “120 Pictures, 120 Months,” in which our photography editors have chosen one picture to represent every month of the decade. (OK, technically, there are only 118 pictures because we haven’t gotten through the last two months of the decade yet. Once we get far enough into December, we promise to add in the 119th and 120th photographs in our series and complete the journey.) Finally, in the last week of November, we’ll wrap things up with a game of alternative history called “The Gore Decade,” in which a series of writers imagine what the last 10 years would’ve looked like if Al Gore had won the coin-flip election of 2000—essentially, a retrospective of the decade that didn’t happen. Hard money training

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Ethiopia seeks urgent food aid for 6 million

by admin on Oct.22, 2009, under Africa, Dead, Dead Children, Global Economic Crisis, World Economy

Ethiopia said Thursday it needs emergency food aid for 6.2 million people, an appeal that comes 25 years after a devastating famine compounded by communist policies killed 1 million and prompted one of the largest charity campaigns in history.

The crisis stems from a prolonged drought that has hit much of the Horn of Africa, including Kenya and Somalia.

Drought is especially disastrous in Ethiopia because more than 80 percent of people live off the land. Agriculture drives the economy, accounting for half of all domestic production and most exports.

Mitiku Kassa, Ethiopia’s state minister for agriculture and rural development, appealed to donors Thursday for more than $121 million. In January, he had said that 4.9 million of Ethiopia’s 85 million people needed emergency food aid.

Ethiopia has long struggled with cyclical droughts, which are compounded by the country’s dependence on rain-fed agriculture and archaic farming practices.

In 1984, Ethiopia’s famine drew international attention as news reports showed emaciated children and adults with limbs as thin as sticks. The crisis launched one of the biggest global charity campaigns in history, including the concert Live Aid.

This year’s drought appears to be slightly less severe than the one last year, which was exacerbated by high food prices. A year ago, Mitiku appealed for aid to feed 6.4 million people affected by drought.

But many humanitarian groups have said in recent years that they believe the number of people affected by hunger is higher than government estimates.

Because of Ethiopia’s large size and poor infrastructure, independent observers have difficulty collecting data. The worst-affected areas in the country’s east are the site of a fierce insurgency and are off-limits to journalists. Aid groups say their movements in these areas are limited by military restrictions.

In a report marking 25 years since Ethiopia’s famine, the aid group Oxfam said countries must focus on preparing communities to prevent and deal with drought and other disasters before they strike, rather than relying on importing aid.

According to the U.N., nearly two-thirds of Africa’s agricultural land has been degraded by erosion and misused pesticides. In Ethiopia, where bad farming practices have led to massive erosion, 85 percent of land is damaged. Hard money training

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Jobless rate reaches 9.8 percent in September

by admin on Oct.02, 2009, under Banking Group, Global Economic Crisis, World Economy

The unemployment rate rose to 9.8 percent in September, the highest since June 1983, as employers cut far more jobs than expected. The report is evidence that the worst recession since the 1930s is still inflicting widespread pain.

Persistently high unemployment could weaken the recovery as consumers, concerned about their jobs and incomes, restrain spending. Consumer spending accounts for about 70 percent of the nation’s economy.

The Labor Department said Friday that the economy lost a net total of 263,000 jobs last month, from a downwardly revised 201,000 in August. That’s worse than Wall Street economists’ expectations of 180,000 job losses, according to a survey by Thomson Reuters.

The unemployment rate rose from 9.7 percent in August, matching expectations.

If laid-off workers who have settled for part-time work or have given up looking for new jobs are included, the unemployment rate rose to 17 percent, the highest on records dating from 1994.

More than a half-million unemployed people gave up looking for work last month. Had they continued searching, the official jobless rate would have been higher.

All told, 15.1 million Americans are now out of work, the department said. And more than 7.2 million jobs have been eliminated since the recession began in December 2007.

Many analysts expect the economy grew at a healthy clip in the July-September quarter, technically ending the recession, but few think the recovery will be strong enough to lower the jobless rate. Most economists expect the rate to top 10 percent and keep climbing.

The economy has received a boost from the Cash for Clunkers auto rebate program and other government stimulus efforts, but many economists believe that growth will slow in the current quarter and early next year as the impact of those programs fade.

Federal Reserve Chairman Ben Bernanke said Thursday that even if the economy were to grow at a 3 percent pace in the coming quarters, it would not be enough to quickly drive down the unemployment rate. Bernanke said the rate is likely to remain above 9 percent through the end of 2010. Hard money training

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Iran warns West against “past mistakes”

by admin on Sep.29, 2009, under Attack Suicide, Banking Industry, Global Economic Crisis, Technology, World Economy

Iran said on Tuesday it would refuse to discuss a newly declared nuclear plant at forthcoming international talks and cautioned Western powers it could curb cooperation further if they repeated “past mistakes.”

An Iranian MP suggested parliament might seek withdrawal from the nuclear Non-Proliferation Treaty (NPT) if Thursday’s Geneva talks with major powers fail and “if the Zionists and America continue their pressure on Iran” — a reference to policies including economic sanctions.

Washington has suggested possible new sanctions on banking and the oil and gas industry if Tehran fails to assuage Western fears it seeks nuclear weapons. U.S. officials believe sanctions could now have more effect, playing on leadership divisions evident since a disputed presidential poll.

Comments by Western and Iranian officials suggested little optimism ahead of the Thursday’s rare meeting of the P5+1 — permanent U.N. Security Council members China, Britain, France, the United Sates and Russia, as well as Germany — with Iran.

“My expectation, or my hope, is that we will be able to get…the guarantees from Tehran, that the program in which they are engaged in is a peaceful program,” EU foreign policy chief Javier Solana told reporters in Gothenburg, Sweden.

“I don’t think it will be easy to ask for, but we will continue to engage.”

Last week’s news of a second uranium enrichment plant, under construction south of Tehran, added urgency to the Geneva talks. Uranium in less refined form can be used for power generation but in a more highly refined state is used in nuclear bombs.

Statements from Tehran on Tuesday allowed some ambiguity on Iran’s readiness to talk. Hard money training

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Corporate dealmaking boosts investor confidence

by admin on Sep.28, 2009, under Banking Group, Banking Industry, Global Economic Crisis, World Economy

Corporate dealmaking is boosting investors’ hopes for a recovery in the economy.

Stocks jumped Monday after Abbott Laboratories said it would buy the pharmaceutical business of Belgian chemicals maker Solvay for $6.6 billion and Xerox Corp. agreed to acquire Affiliated Computer Services for about $6.4 billion.

All major indexes rose more than 1 percent, including the Dow Jones industrial average, which added 120 points.

The takeover moves are a welcome sign that businesses have enough faith in a recovery in the economy to pursue acquisitions. In the past year, companies grew so worried about the economy that they were hesitant to part with cash and often had trouble lining up financing.

The market’s rise follows its worst week since early July. The rally stalled following disappointing housing and manufacturing data.

In midmorning trading, the Dow rose 119.19, or 1.2 percent, to 9,784.38.

The broader Standard & Poor’s 500 index rose 15.18, or 1.5 percent, to 1,059.56, and the Nasdaq composite index rose 36.27, or 1.7 percent, to 2,127.19.

The Dow fell 1.6 percent last week, while the S&P 500 index lost 2.2 percent.

Bond prices were mixed Monday. The yield on the benchmark 10-year Treasury note, which moves opposite its price, was flat at 3.32 percent from late Friday. Hard money training

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Small businesses see U.S. economy improving

by admin on Sep.25, 2009, under Global Economic Crisis, World Economy

Many U.S. small businesses are optimistic about growth and see the economy improving in three to six months, according to a survey released on Friday.

Four out of five small businesses are pursuing a moderate or aggressive growth strategy, expanding into new markets and producing more revenue among existing customers, according to the survey by Chase Card Services, the credit card division of JPMorgan Chase & Co.

Only 5 percent said they were not looking to grow business aggressively, according to the survey, which questioned 168 chief and senior executives from the annual Inc. 500/5000 list of fastest-growing small companies between September 10 and September 14.

Three-quarters of the companies said they believe the U.S. economy and their business will be doing better in three to six months. Some 27 million small businesses operate in the United States and are responsible for roughly 40 million jobs.

The optimistic results validate a sense that the economy is improving, said Richard Quigley, president of Ink from Chase, a new portfolio of cards designed for small businesses.

“There’s certainly a bit of light on the horizon,” he said. “We’re not home yet but it’s certainly going in the right direction.”

As to hiring, 49 percent of the small businesses said they were adding positions, and 29 percent said they were not adding jobs but were hiring to upgrade talent, it said. Hard money training

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Stocks higher at open after jobs data

by admin on Sep.24, 2009, under Banking Group, Banking Industry, Global Economic Crisis, World Economy

More good news about the jobs market is pulling investors back into the market.

A day after the Federal Reserve said economic activity has improved, the Labor Department says the number of newly laid off workers seeking unemployment benefits fell for a third week in a row. Initial claims for unemployment insurance fell by 21,000 last week to 530,000, better than the 550,000 economists had expected.

Later Thursday, investors will get data on existing home sales. Investors are also focusing on the Group of 20 meeting of the world’s leading economies in Pittsburgh.

In the first few minutes of trading, the Dow Jones industrial average is up 48 at 9,796. The Standard & Poor’s 500 index is up 4 at 1,065, and the Nasdaq composite index is up 8 at 2,140.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP’s earlier story is below.

Stock futures are indicating a slightly higher opening on Wall Street Thursday after investors got more good news about the jobs market.

A day after the Federal Reserve said economic activity has improved, the Labor Department said the number of newly laid off workers seeking unemployment benefits fell for a third week in a row. Initial claims for unemployment insurance fell by 21,000 last week to 530,000, better than the 550,000 economists had expected.

The number of people continuing to claim benefits for more than a week also fell, dropping 123,000 to 6.14 million.

Stock futures were little changed ahead of the report. Hard money training

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EU plans tougher financial supervision

by admin on Sep.23, 2009, under Banking Group, Banking Industry, Global Economic Crisis, World Economy

The European Commission was to forge ahead on Wednesday with detailed proposals for tough financial supervision amid horse-trading over a pivotal role for the Bank of England’s governor.

The EU announcement, on the eve of a summit of the Group of 20 leading world economies in Pittsburgh, Pennsylvania, will also include plans for new pan-European super watchdogs to oversee banks, insurers and securities firms.

The emergence of the BoE’s Mervyn King as the leading contender to be the deputy head of a new European Systemic Risk Board, expected to be chaired by the president of the European Central Bank, Jean-Claude Trichet, is aimed at overcoming misgivings emanating from the City of London.

The new bodies will be responsible for identifying threats to the EU economy as a whole and will have the power to demand national action or impose mediation on national supervisors in the event of disagreement.

The aim is to avoid a repeat of last year’s financial crisis which saw over-leveraged banks go under or require massive state bailouts.

But it is this overarching power that has Britain and some other EU nations worried about the proposals, agreed at a European Union summit in June but which must be backed by member states and the EU parliament if they are to come into force.

“The devil is in the detail,” one European source said.

Backing from Britain — Europe’s biggest financial centre — is vital if the new structures are to be up and running as planned by the end of next year.

Under the commission proposals, the European banking authorities should have “the power to require national supervisory authorities to take specific action” to remedy emergency situations, according to a draft text.

The commission itself would have powers to decree an emergency situation. Hard money training

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