French Prime Minister François Fillon is in Washington to garner support for tougher international financial regulations ahead of the April 2 Group of 20 economic summit in London. While the Obama administration wants Europe to increase its fiscal stimulus to solve the global economic crisis, the French prime minister says financial reforms must first be addressed.
French Prime Minister François Fillon says it is the duty of the G-20 group of the world’s largest developed and emerging economies next month to achieve concrete results in resolving the global economic crisis. He says the best way to do this is by agreeing to stricter oversight of international financial institutions.
In a speech at the Carnegie Endowment for International Peace in Washington on Monday, Mr. Fillon listed four key issues that France wants to top the agenda at the economic summit.
Mr. Fillon said the four pillars for lasting recovery are reforming financial regulations, supporting economic growth, rescuing banks and providing aid to the countries suffering most from the economic crisis.
In addition, he said hedge funds must be subject to real oversight. Ratings agencies, which Mr. Fillon said helped fuel the crisis, must adopt rules for dealing with conflicts of interest and offshore banking centers, which often allow clients to evade paying taxes in their home countries, need to be vigorously regulated.
Mr. Fillon also struck back at critics in the media and within the Obama administration who say Europe needs to spend more on government economic stimulus.
The French prime minister said the crisis was created by an excess of public debt and that it will not be solved by creating even more. He says European Union member states already have implemented large stimulus packages that account for more than three percent of Europe’s gross domestic product.
Mr. Fillon expressed confidence in U.S. Treasury Secretary Timothy Geithner’s newest initiative to help stabilize the banking system by providing guarantees and low-interest loans to investors willing to purchase toxic assets from banks.
Mr. Fillon said he prefers the idea of a public-private partnership to buy up the bad assets, and that this will prompt European countries to consider similar measures.
While in Washington, Mr. Fillon also met with Vice President Joe Biden and Lawrence Summers, the head of President Barack Obama’s National Economic Council.
Wednesday, March 25, 2009
France’s PM Pushes Financial Reform Ahead of G-20 Meeting
Sunday, March 15, 2009
Cute and Essential Dog Clothes
It’s still cold outside and not spring quite yet so your dog still needs quality and cute dog clothes such as this dog parka. More and more pet owners are realizing that their pets get cold too and so you might be thinking about getting your special dog something warm to wear. Now you can keep your dog warm and stylish at the same time.
With several different types of dog apparel to choose from you are sure to find the perfect dog sweater, dog jacket, and even dog pajamas. Since we all know we are in hard economic times SuppliesJust4Pets.com is offering tiered coupons for customers. You can now save $5 on orders of $50, $10 on orders of $100, or $15 on orders of $175. Find these coupon codes at http://www.suppliesjust4pets.com/coupons.html.
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From the Pets - breeding, nutrition, health weblog
Saturday, March 14, 2009
Google’s Behavioral Ads Are Just The Start
Google’s latest privacy flap emerged this week when it announced its “interest-based” ads, which are behaviorally targeted banner ads based on a user’s web-browsing activity. It’s nothing particularly new or ground-breaking, and the company was kind enough to give people a way to opt out, but the way the company presented the new system to users was a little odd. It titled its blog post announcing the new system “Making ads more interesting,” and it later said, “We believe there is real value to seeing ads about the things that interest you.” But are better-targeted ads really something that delivers any benefit to users? The benefit to advertisers and marketers is obvious, but it’s hard to see users really caring enough to forfeit some privacy just so they can help out advertisers.
But web browsing is just the tip of the iceberg: lots of marketers are looking at how to take information generated by mobile phones to hit users with targeted ads. They’re not talking about the worn-out Starbucks example of hitting people’s phones with a coupon when they walk past a store, but building profiles of people based on their travel patterns, favorite applications and web sites, and even gender, age and income information. Again, all of this info given up for the sake of seeing “better” or “more interesting” advertising. That really doesn’t benefit the user, so why should they give up — or be forced to give up — all of this information?
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From the Advertising: tips, articles and advices weblog
A reality’s blogging
The South Beach nourishment is a wildly popular diet, that’s why South Beach diet recipes are so in demand. There are many delicious low-carb foods that fit on the fare. Almost everything you can think of is included in some south beach diet recipes. Read on to discover a few.
One of the terrific South Shore diet recipes is for chicken Marcela. Add chicken broth, minced parsley, half cup of Marcela wine, olive oil, mushroom slices to boneless, skinless chicken breasts. Brown the chicken in the olive oil. Cook onions and mushrooms until they’re furry, then add the wine and cook for 1 to 2 minutes. Add some broth as liquid is needed. Cover the chicken with the sauce. The calories and carbs will bowl over you 336 calories, and 3 g of carbohydrates
Another of the terrific South Beach diet recipes takes us to the east, in Thailand. It’s be that as it may for some chicken salad from Thailand. It’s a combination of chicken with various vegetables and spicy Thailand sauce. It’s very Spartan to make mix together the salad ingredients, mix together dressing ingredients, then toss them together. It makes four servings and has 8 g of carbohydrates in 297 unconditional calories. It really looks delicious.
How about south of the border with South Beach at recipes? This way for fajitas includes a soy sauce, a recommendation from a cook in a Mexican restaurant. ? to 2 pounds of skirt steak or chicken is cut into strips, combined with a normal onion, two bell peppers, quarter cup of soy sauce, ? cup of wine juice, 1 teaspoon of chili granulate, and 2 tablespoons of oil. Let the meat marinate in the liquid ingredients for at least an hour. Brown the meat then cook the vegetables for a terse time. This serves five, has 4.5 g of carbohydrates in a total of 307 calories per serving.
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From the Free recipes - food and drink recipes weblog
State bans sale of bankrupt firm’s travel insurance
A Southwest Florida travel agency says it long ago stopped selling insurance policies from a company under investigation by Florida Chief Financial Officer Alex Sink.
According to the Department of Financial Services, Sink this week notified three travel agencies to stop selling insurance on behalf of Colorado-based Prime Travel Protection Services Inc. and any other unlicensed travel insurer. Prime Travel Protection Services Inc., run by Jerry Watson in Colorado, reportedly filed bankruptcy in January.
Sink issued legal notices to Palm Coast Travel of Lake Worth; Vacation Superstore Network Inc., DBA Best Price Cruises, of Port St. Lucie; and Legendary Journeys Inc. of Sarasota, charging they violated state law by selling insurance for Prime Travel, which is not licensed in Florida to sell insurance. The travel agencies have 21 days from the receipt of the notice to respond.
Reached by phone in Sarasota on Friday, Legendary Journeys Vice President Al Ferguson said his company hasn’t sold Prime Travel Protection policies in six months. “We were getting complaints regarding their repayment schedule for valid claims,” Ferguson said. State regulators were informed, Ferguson said.
Legendary Journeys has offices throughout Southwest Florida, including one in Fort Myers.
Sink’s office said other travel agencies are under investigation, and may be named for selling policies from insurers that aren’t state-licensed.
Travel insurance can protect consumers against costs from unforeseeable circumstances, including trip cancellation, early return and emergency medical needs. Sink advises consumers to get confirmation that the insurer providing travel insurance protection is licensed by the State of Florida (Office of Insurance Regulation) before purchasing the product.
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From the Travel Insurance Related Tips weblog