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15 августа, 18:31

Trump Slams "Grandstanding" CEOs Who Have Quit His Council

Well, on the bright side, it took him around 12 hours to respond to last night's resignations... For every CEO that drops out of the Manufacturing Council, I have many to take their place. Grandstanders should not have gone on. JOBS! — Donald J. Trump (@realDonaldTrump) August 15, 2017 The remaining CEOs on Trump's council had the following to say (via Business Insider) Andrew Liveris, Dow Chemical Company, will remain on the council. "I condemn the violence this weekend in Charlottesville, Virginia, and my thoughts and prayers are with those who lost loved ones and with the people of Virginia," Liveris said in an emailed statement. "In Dow, there is no room for hatred, racism, or bigotry. Dow will continue to work to strengthen the social and economic fabric of the communities where it operates — including supporting policies that help create employment opportunities in manufacturing and rebuild the American workforce." Bill Brown, Harris Corporation, did not respond to a request for comment. Michael Dell, Dell Technologies, will remain on the council. "While we wouldn't comment on any member's personal decision, there's no change in Dell engaging with the Trump administration and governments around the world to share our perspective on policy issues that affect our company, customers, and employees," a spokeswoman said. John Ferriola, Nucor Corporation, did not respond to a request for comment. Jeff Fettig, Whirlpool Corporation, will remain on the council. "Whirlpool Corp. believes strongly in an open and inclusive culture that respects people of all races and backgrounds," the company said in a statement. "Our company has long fostered an environment of acceptance and tolerance in the workplace. The company will continue on the Manufacturing Jobs Initiative to represent our industry, our 15,000 US manufacturing workers, and to provide input and advice on ways to create jobs and strengthen US manufacturing competitiveness." Alex Gorsky, Johnson & Johnson, did not respond to a request for comment. Greg Hayes, United Technologies Corp., did not respond to a request for comment. Marillyn Hewson, Lockheed Martin, declined to comment. Jeff Immelt, General Electric, will remain on the council. "GE has no tolerance for hate, bigotry or racism, and we strongly condemn the violent extremism in Charlottesville over the weekend," a GE representative said in a statement. "GE is a proudly inclusive company with employees who represent all religions, nationalities, sexual orientations, and races. With more than 100,000 employees in the United States, it is important for GE to participate in the discussion on how to drive growth and productivity in the US, therefore, Jeff Immelt will remain on the Presidential Committee on American Manufacturing while he is the chairman of GE." Jim Kamsickas, Dana Inc., did not respond to a request for comment. Rich Kyle, The Timken Company, did not respond to a request for comment. Richard Trumka, AFL-CIO, said the group was aware of Frazier's decision and assessing its role. "The AFL-CIO has unequivocally denounced the actions of bigoted domestic terrorists in Charlottesville and called on the president to do the same," Trumka said in a statement. "We are aware of the decisions by other members of the President's Manufacturing Council, which has yet to hold any real meeting*, and are assessing our role. While the AFL-CIO will remain a powerful voice for the freedoms of working people, there are real questions into the effectiveness of this council to deliver real policy that lifts working families." Thea Lee, formerly AFL-CIO, departed as the group's deputy chief of staff, and it is unclear whether she will remain a member of the council. Denise Morrison, Campbell Soup Company, will remain on the council. "The reprehensible scenes of bigotry and hatred on display in Charlottesville over the weekend have no place in our society," a company representative said. "Not simply because of the violence, but because the racist ideology at the center of the protests is wrong and must be condemned in no uncertain terms. Campbell has long held the belief that diversity and inclusion are critical to the success of our business and our culture. Our commitment to diversity and inclusion is unwavering, and we will remain active champions for these efforts. We believe it continues to be important for Campbell to have a voice and provide input on matters that will affect our industry, our company and our employees in support of growth. Therefore, Ms. Morrison will remain on the President's Manufacturing Jobs Initiative." Dennis Muilenburg, Boeing, will remain on the council. Doug Oberhelman, formerly Caterpillar, did not respond to a request for comment. Scott Paul, Alliance for American Manufacturing, was unavailable for comment. Michael Polk, Newell Brands, did not respond to a request for comment. Mark Sutton, International Paper, will remain on the council. "International Paper strongly condemns the violence that took place in Charlottesville over the weekend — there is no place for hatred, bigotry, and racism in our society," an International Paper representative said. "We are a company that fosters an inclusive workforce where all employees are valued and treated with dignity and respect. Through our participation on the Manufacturing Jobs Council, we will work to strengthen the social and economic fabric of communities across the country by creating employment opportunities in manufacturing." Inge Thulin, 3M, did not respond to a request for comment. Wendell Weeks, Corning, did not respond to a request for comment. Who will be "the last CEO standing"?

15 августа, 15:03

Frontrunning: August 15

White House Risks a Backfire Over China and North Korea (WSJ) Three More CEOs Turn Their Backs on Trump (BBG) Cities ramp up removal of Confederate statues (Reuters) Moon Vents Korea Frustration by Asserting Right to Veto U.S. War (BBG) Iran says its drones near U.S. vessels are safe, following rules (Reuters) U.S. sanctions hit Russian hopes of a 'Trump bump' for investment (Reuters) China says it will defend interests if U.S. harms trade ties (Reuters) Defaults Increase for ‘Green’ Loans (WSJ) Nuclear Power’s Woes Imperil U.S. National Security, Moniz Says (BBG) Britain asks for interim customs deal with EU, new trade deals post-Brexit (Reuters) The Nordic Bank That Doesn’t Want Corporate Cash (BBG) Profit-Rich Pickups, SUVs May Catch Break in Trump Auto Review (BBG) U.S. hedge funds bearish on FAANG stocks in second-quarter (Reuters) Netflix Co-Founder’s Crazy Plan: Pay $10 a Month, Go to the Movies All You Want (BBG) Asian neighbors protest as Japan PM sends offering to war dead shrine (Reuters) Junk Bonds of the Financial Crisis Were the Decade’s Biggest Winners (BBG) Some Companies Want You to Take a Mental-Health Day (WSJ)   Overnight Media Digest WSJ - U.S. Donald President Trump, under pressure to explicitly denounce hate groups involved in the weekend's deadly racial violence in Virginia, singled out white-nationalist groups by name for condemnation. on.wsj.com/2vDIp6p - Pandora Media said former Sling TV Chief Executive Roger Lynch will lead the Internet-radio company as it faces an increasingly competitive landscape. on.wsj.com/2vDzCkY - Merck & Co's Frazier, Intel Corp's Krzanich and Under Armour Inc's Plank resigned from a manufacturing-advisory council to the Trump administration in an apparent protest of the president's failure to quickly condemn the white supremacists in Charlottesville, Virginia. on.wsj.com/2vDTVil - North Korea pulled back its threat to attack a United States territory, after days of trading increasingly bellicose rhetoric with President Trump, and hours after China took its toughest steps against Pyongyang to support U.N. sanctions. on.wsj.com/2vDJs6z - Jana Partners Llc, the activist hedge fund whose investment in Whole Foods Market Inc catalyzed the natural grocer's takeover by Amazon.com Inc has taken a 2 percent stake in meal-kit maker Blue Apron Holdings Inc . on.wsj.com/2vDU59r - Warren Buffett's Berkshire Hathaway is getting out of one of America's oldest companies: General Electric Co . Berkshire received most of the shares after the investor lent roughly $3 billion to GE in October 2008 during the depths of the financial crisis. on.wsj.com/2vDDCSn   FT - Telit Communications said that its chief executive Oozi Cats, who has led the company since 2000, had resigned. Telit, last week, suspended Cats following allegations of links between him and a U.S. fugitive by the name of Uzi Katz who was accused of wire fraud in Boston in 1992. - Corvex, a U.S. activist hedge fund run by Carl Icahn protégé Keith Meister, has built a $400 million stake in Danone SA. Corvex considers Danone to be undervalued. - A UK government paper due to be published on Tuesday makes clear that the UK wants to remain in a customs union with the EU for at least the estimated three years of transition after Britain's 2019 exit. - Pandora Media Inc has named Roger Lynch, the founding chief executive of Sling TV, as its new chief executive. Lynch will replace Tim Westergren, Pandora's cofounder, who left in June as part of a plan to "refocus" the online radio company.   NYT - Three corporate leaders stepped down from a White House advisory group after President Trump equivocated in his initial remarks on racially motivated violence in Charlottesville, Virginia. nyti.ms/2fGfrPw - Pandora Media Inc, the struggling internet radio giant, appointed a new chief executive on Monday, after a shake-up in June that installed SiriusXM as an influential new investor. nyti.ms/2fGfHhs - In a legal action that will be watched closely in Hollywood, several producers of "The Walking Dead" on Monday sued AMC Entertainment Holdings Inc — the cable network that presents the hit TV series — seeking a greater share of profits. nyti.ms/2fGKYRb - Billionaire Beny Steinmetz was detained by the Israeli police on Monday morning for questioning in connection with an investigation into money laundering, obstruction of justice and bribery, officials said. nyti.ms/2fH5PUv - The prospect of further regulatory actions against Wells Fargo & Co, whose misdeeds are far-reaching, appear to be diminishing under the Trump administration. nyti.ms/2fG5S2S   Britain The Times - The joint heads of the newly merged Standard Life Aberdeen have vowed to continue in their shared role for another ten years. Martin Gilbert insisted that he and Keith Skeoch, his fellow joint chief executive at the fund manager, made a "powerful combo". bit.ly/2vDb5fI - Beny Steinmetz, an Israeli billionaire who has interests in iron ore and diamond mines, has been detained on suspicion of money laundering. Israeli Police said that Steinmetz and four others were being held for allegedly drawing up false contracts and property deals to launder money. The list of suspects includes David Granot, the chairman of Bezeq Israeli Telecommunication Corp. bit.ly/2vDsaGu The Guardian - Brexit is being blamed for a decline in the number of job vacancies in the City and a drop in applications for key posts compared with last summer. According to headhunters Morgan McKinley there was an 11 percent slide in the number of City jobs in July, compared with a year ago, and a 33cent fall in professionals seeking positions. bit.ly/2vDxutH - The squeeze on cash-strapped British households is expected to be illustrated this week by official figures to be released by the Office for National Statistics on Tuesday, followed by labour market data the next day which are expected to show wage growth stagnated while unemployment continued to fall. City economists are forecasting that the consumer price index rose at an annual rate of 2.7 percent in July, up from 2.6 percent in June. The figures will bit.ly/2vWmnhI The Telegraph - A "Japanese fungus" which is resistant to drugs has spread to at least 55 hospitals across the UK, public health officials have warned. National Health Service trusts have been ordered to carry out deep cleans of all affected areas after more than 200 patients were found to be infected or carrying the potentially fatal pathogen. bit.ly/2vDLYJU - J Sainsbury Plc's is shelving making a 130 million pound ($168.42 million) bid for convenience chain Nisa until UK's competition watchdog has ruled on Tesco's 3.7 billion pound ($4.79 billion) takeover of Booker in late October, according to insiders. bit.ly/2vDgwLL Sky News - British Government will propose a new UK-EU customs union as an interim measure to avoid a "cliff-edge" for manufacturers after Britain leaves the bloc. The proposal is contained in the Government's first "future partnership paper", published on Tuesday by the Department for Exiting the European Union. bit.ly/2vDEXbO - Uber Technologies Inc users will be able to leave drivers a tip via the ride-hailing company's smartphone app - but could also now be charged for keeping cabs waiting. The firm has announced a number of changes aimed at appeasing drivers, including in the UK where it has fought drivers claiming an entitlement to minimum pay and a holiday wage. bit.ly/2vDutJy The Independent - Uber has been accused by the Metropolitan Police of failing to report one of its drivers accused of sexually assaulting passengers. ind.pn/2vCW3GR

10 августа, 06:55

Krieger Asks: Is Google A Search Engine Or 'Deep State' Organ?

Authored by Mike Krieger via Liberty Blitzkrieg blog, Today’s post should be read as Part 3 of my ongoing series about the now infamous Google memo, and what it tells us about where our society is headed if a minority of extremely wealthy and powerful technocratic billionaires are permitted to fully socially engineer our culture to fit their ideological vision using coercion, force and manipulation. For some context, read Part 1 and Part 2. I struggled with the title of this piece, because ever since the 2016 election, usage of the term “deep state” has become overly associated with Trump cheerleaders. I’m not referring to people who voted for Trump, whom I can both understand and respect, I’m talking about the Trump cultists. Like most people who mindlessly and enthusiastically attach themselves to political figures, they tend to be either morons or opportunists. Nevertheless, just because the term has been somewhat tainted doesn’t mean I deny the existence of a “deep state” or “shadow government.” The existence of networks of unelected powerful people who formulate and push policy behind the scenes and then get captured members of Congress to vote on it is pretty much undeniable. I don’t believe that the “deep state” is a monolithic entity by any means, but what seems to unite these various people and institutions is an almost religious belief in U.S. imperial dominance, as well as the idea that this empire should be largely governed by an unaccountable oligarchy of billionaires and assorted technocrats. We see the results of this worldview all around us with endless wars, an unconstitutional domestic surveillance state and the destruction of the middle class. These are the fruits of deep state ideology, and a clear reason why it should be dismantled and replaced by genuine governance by the people before they lead the U.S. to total disaster. From my own personal research and observations, Google has become very much a willing part of this deep state, with Eric Schmidt being the primary driving force that has propelled the company into its contemporary role not just as a search engine monopoly, but also as a powerful and undemocratic tech arm of the shadow government. One of the best things about all the recent attention on the Google memo, is that it has placed this corporate behemoth and its very clear ideological leanings squarely in the public eye. This gives us the space to shine light on some other aspects of Google, which I believe most people would find quite concerning if made aware of. To that end, in 2014, Wikileaks published an extremely powerful excerpt from Julian Assange’s book, When Google Met Wikileaks. The post was titled, Google Is Not What It Seems, and it is an incredible repository of information and insight. If you never read it, I suggest you take the time. Below I share some choice excerpts to get you up to speed with what Google is really up to. Let’s start with the intro to the piece, which sets the stage… Eric Schmidt is an influential figure, even among the parade of powerful characters with whom I have had to cross paths since I founded WikiLeaks. In mid-May 2011 I was under house arrest in rural Norfolk, about three hours’ drive northeast of London. The crackdown against our work was in full swing and every wasted moment seemed like an eternity. It was hard to get my attention. But when my colleague Joseph Farrell told me the executive chairman of Google wanted to make an appointment with me, I was listening.   In some ways the higher echelons of Google seemed more distant and obscure to me than the halls of Washington. We had been locking horns with senior US officials for years by that point. The mystique had worn off. But the power centers growing up in Silicon Valley were still opaque and I was suddenly conscious of an opportunity to understand and influence what was becoming the most influential company on earth. Schmidt had taken over as CEO of Google in 2001 and built it into an empire.   I was intrigued that the mountain would come to Muhammad. But it was not until well after Schmidt and his companions had been and gone that I came to understand who had really visited me.   The stated reason for the visit was a book. Schmidt was penning a treatise with Jared Cohen, the director of Google Ideas, an outfit that describes itself as Google’s in-house “think/do tank.” I knew little else about Cohen at the time. In fact, Cohen had moved to Google from the US State Department in 2010. He had been a fast-talking “Generation Y” ideas man at State under two US administrations, a courtier from the world of policy think tanks and institutes, poached in his early twenties. He became a senior advisor for Secretaries of State Rice and Clinton. At State, on the Policy Planning Staff, Cohen was soon christened “Condi’s party-starter,” channeling buzzwords from Silicon Valley into US policy circles and producing delightful rhetorical concoctions such as “Public Diplomacy 2.0.”2 On his Council on Foreign Relations adjunct staff page he listed his expertise as “terrorism; radicalization; impact of connection technologies on 21st century statecraft; Iran.”3. Now I’m going to skip ahead in the piece to the moment where Assange describes his attempt to make contact with the U.S. State Department in 2011 regarding cables Wikileaks was releasing. It was at this point that I realized Eric Schmidt might not have been an emissary of Google alone. Whether officially or not, he had been keeping some company that placed him very close to Washington, DC, including a well-documented relationship with President Obama. Not only had Hillary Clinton’s people known that Eric Schmidt’s partner had visited me, but they had also elected to use her as a back channel. While WikiLeaks had been deeply involved in publishing the inner archive of the US State Department, the US State Department had, in effect, snuck into the WikiLeaks command center and hit me up for a free lunch. Two years later, in the wake of his early 2013 visits to China, North Korea, and Burma, it would come to be appreciated that the chairman of Google might be conducting, in one way or another, “back-channel diplomacy” for Washington. But at the time it was a novel thought.   I put it aside until February 2012, when WikiLeaks—along with over thirty of our international media partners—began publishing the Global Intelligence Files: the internal email spool from the Texas-based private intelligence firm Stratfor. One of our stronger investigative partners—the Beirut-based newspaper Al Akhbar—scoured the emails for intelligence on Jared Cohen.The people at Stratfor, who liked to think of themselves as a sort of corporate CIA, were acutely conscious of other ventures that they perceived as making inroads into their sector. Google had turned up on their radar. In a series of colorful emails they discussed a pattern of activity conducted by Cohen under the Google Ideas aegis, suggesting what the “do” in “think/do tank” actually means.   Cohen’s directorate appeared to cross over from public relations and “corporate responsibility” work into active corporate intervention in foreign affairs at a level that is normally reserved for states. Jared Cohen could be wryly named Google’s “director of regime change.” According to the emails, he was trying to plant his fingerprints on some of the major historical events in the contemporary Middle East. He could be placed in Egypt during the revolution, meeting with Wael Ghonim, the Google employee whose arrest and imprisonment hours later would make him a PR-friendly symbol of the uprising in the Western press. Meetings had been planned in Palestine and Turkey, both of which—claimed Stratfor emails—were killed by the senior Google leadership as too risky. Only a few months before he met with me, Cohen was planning a trip to the edge of Iran in Azerbaijan to “engage the Iranian communities closer to the border,” as part of Google Ideas’ project on “repressive societies.” In internal emails Stratfor’s vice president for intelligence, Fred Burton (himself a former State Department security official), wrote:   Google is getting WH [White House] and State Dept support and air cover. In reality they are doing things the CIA cannot do . . . [Cohen] is going to get himself kidnapped or killed. Might be the best thing to happen to expose Google’s covert role in foaming up-risings, to be blunt. The US Gov’t can then disavow knowledge and Google is left holding the shit-bag.   In further internal communication, Burton said his sources on Cohen’s activities were Marty Lev—Google’s director of security and safety—and Eric Schmidt himself. Looking for something more concrete, I began to search in WikiLeaks’ archive for information on Cohen. State Department cables released as part of Cablegate reveal that Cohen had been in Afghanistan in 2009, trying to convince the four major Afghan mobile phone companies to move their antennas onto US military bases. In Lebanon he quietly worked to establish an intellectual and clerical rival to Hezbollah, the “Higher Shia League.” And in London he offered Bollywood movie executives funds to insert anti-extremist content into their films, and promised to connect them to related networks in Hollywood.   Three days after he visited me at Ellingham Hall, Jared Cohen flew to Ireland to direct the “Save Summit,” an event cosponsored by Google Ideas and the Council on Foreign Relations. Gathering former inner-city gang members, right-wing militants, violent nationalists, and “religious extremists” from all over the world together in one place, the event aimed to workshop technological solutions to the problem of “violent extremism.” What could go wrong?   Cohen’s world seems to be one event like this after another: endless soirees for the cross-fertilization of influence between elites and their vassals, under the pious rubric of “civil society.” The received wisdom in advanced capitalist societies is that there still exists an organic “civil society sector” in which institutions form autonomously and come together to manifest the interests and will of citizens. The fable has it that the boundaries of this sector are respected by actors from government and the “private sector,” leaving a safe space for NGOs and nonprofits to advocate for things like human rights, free speech, and accountable government.   This sounds like a great idea. But if it was ever true, it has not been for decades. Since at least the 1970s, authentic actors like unions and churches have folded under a sustained assault by free-market statism, transforming “civil society” into a buyer’s market for political factions and corporate interests looking to exert influence at arm’s length. The last forty years has seen a huge proliferation of think tanks and political NGOs whose purpose, beneath all the verbiage, is to execute political agendas by proxy.   It is not just obvious neocon front groups like Foreign Policy Initiative. It also includes fatuous Western NGOs like Freedom House, where naïve but well-meaning career nonprofit workers are twisted in knots by political funding streams, denouncing non-Western human rights violations while keeping local abuses firmly in their blind spots. The civil society conference circuit—which flies developing-world activists across the globe hundreds of times a year to bless the unholy union between “government and private stakeholders” at geopoliticized events like the “Stockholm Internet Forum”—simply could not exist if it were not blasted with millions of dollars in political funding annually.   In 2011, the Alliance of Youth Movements rebranded as “Movements.org.” In 2012 Movements.org became a division of “Advancing Human Rights,” a new NGO set up by Robert L. Bernstein after he resigned from Human Rights Watch (which he had originally founded) because he felt it should not cover Israeli and US human rights abuses. Advancing Human Rights aims to right Human Rights Watch’s wrong by focusing exclusively on “dictatorships.” Cohen stated that the merger of his Movements.org outfit with Advancing Human Rights was “irresistible,” pointing to the latter’s “phenomenal network of cyberactivists in the Middle East and North Africa.” He then joined the Advancing Human Rights board, which also includes Richard Kemp, the former commander of British forces in occupied Afghanistan. In its present guise, Movements.org continues to receive funding from Gen Next, as well as from Google, MSNBC, and PR giant Edelman, which represents General Electric, Boeing, and Shell, among others.   Google Ideas is bigger, but it follows the same game plan. Glance down the speaker lists of its annual invite-only get-togethers, such as “Crisis in a Connected World” in October 2013. Social network theorists and activists give the event a veneer of authenticity, but in truth it boasts a toxic piñata of attendees: US officials, telecom magnates, security consultants, finance capitalists, and foreign-policy tech vultures like Alec Ross (Cohen’s twin at the State Department). At the hard core are the arms contractors and career military: active US Cyber Command chieftains, and even the admiral responsible for all US military operations in Latin America from 2006 to 2009. Tying up the package are Jared Cohen and the chairman of Google, Eric Schmidt. Now here’s a little background on Schmidt. Eric Schmidt was born in Washington, DC, where his father had worked as a professor and economist for the Nixon Treasury. He attended high school in Arlington, Virginia, before graduating with a degree in engineering from Princeton. In 1979 Schmidt headed out West to Berkeley, where he received his PhD before joining Stanford/Berkley spin-off Sun Microsystems in 1983. By the time he left Sun, sixteen years later, he had become part of its executive leadership.   Sun had significant contracts with the US government, but it was not until he was in Utah as CEO of Novell that records show Schmidt strategically engaging Washington’s overt political class. Federal campaign finance records show that on January 6, 1999, Schmidt donated two lots of $1,000 to the Republican senator for Utah, Orrin Hatch. On the same day Schmidt’s wife, Wendy, is also listed giving two lots of $1,000 to Senator Hatch. By the start of 2001 over a dozen other politicians and PACs, including Al Gore, George W. Bush, Dianne Feinstein, and Hillary Clinton, were on the Schmidts’ payroll, in one case for $100,000. By 2013, Eric Schmidt—who had become publicly over-associated with the Obama White House—was more politic. Eight Republicans and eight Democrats were directly funded, as were two PACs. That April, $32,300 went to the National Republican Senatorial Committee. A month later the same amount, $32,300, headed off to the Democratic Senatorial Campaign Committee. Why Schmidt was donating exactly the same amount of money to both parties is a $64,600 question.   It was also in 1999 that Schmidt joined the board of a Washington, DC–based group: the New America Foundation, a merger of well-connected centrist forces (in DC terms). The foundation and its 100 staff serves as an influence mill, using its network of approved national security, foreign policy, and technology pundits to place hundreds of articles and op-eds per year. By 2008 Schmidt had become chairman of its board of directors. As of 2013 the New America Foundation’s principal funders (each contributing over $1 million) are listed as Eric and Wendy Schmidt, the US State Department, and the Bill & Melinda Gates Foundation. Secondary funders include Google, USAID, and Radio Free Asia.   Schmidt’s involvement in the New America Foundation places him firmly in the Washington establishment nexus. The foundation’s other board members, seven of whom also list themselves as members of the Council on Foreign Relations, include Francis Fukuyama, one of the intellectual fathers of the neoconservative movement; Rita Hauser, who served on the President’s Intelligence Advisory Board under both Bush and Obama; Jonathan Soros, the son of George Soros; Walter Russell Mead, a US security strategist and editor of the American Interest; Helene Gayle, who sits on the boards of Coca-Cola, Colgate-Palmolive, the Rockefeller Foundation, the State Department’s Foreign Affairs Policy Unit, the Council on Foreign Relations, the Center for Strategic and International Studies, the White House Fellows program, and Bono’s ONE Campaign; and Daniel Yergin, oil geostrategist, former chair of the US Department of Energy’s Task Force on Strategic Energy Research, and author of The Prize: The Epic Quest for Oil, Money and Power.   The chief executive of the foundation, appointed in 2013, is Jared Cohen’s former boss at the State Department’s Policy Planning Staff, Anne-Marie Slaughter, a Princeton law and international relations wonk with an eye for revolving doors. She is everywhere at the time of writing, issuing calls for Obama to respond to the Ukraine crisis not only by deploying covert US forces into the country but also by dropping bombs on Syria—on the basis that this will send a message to Russia and China.41 Along with Schmidt, she is a 2013 attendee of the Bilderberg conference and sits on the State Department’s Foreign Affairs Policy Board.   There was nothing politically hapless about Eric Schmidt. I had been too eager to see a politically unambitious Silicon Valley engineer, a relic of the good old days of computer science graduate culture on the West Coast. But that is not the sort of person who attends the Bilderberg conference four years running, who pays regular visits to the White House, or who delivers “fireside chats” at the World Economic Forum in Davos. Schmidt’s emergence as Google’s “foreign minister”—making pomp and ceremony state visits across geopolitical fault lines—had not come out of nowhere; it had been presaged by years of assimilation within US establishment networks of reputation and influence.    On a personal level, Schmidt and Cohen are perfectly likable people. But Google’s chairman is a classic “head of industry” player, with all of the ideological baggage that comes with that role. Schmidt fits exactly where he is: the point where the centrist, liberal, and imperialist tendencies meet in American political life. By all appearances, Google’s bosses genuinely believe in the civilizing power of enlightened multinational corporations, and they see this mission as continuous with the shaping of the world according to the better judgment of the “benevolent superpower.” They will tell you that open-mindedness is a virtue, but all perspectives that challenge the exceptionalist drive at the heart of American foreign policy will remain invisible to them. This is the impenetrable banality of “don’t be evil.” They believe that they are doing good. And that is a problem.   Even when Google airs its corporate ambivalence publicly, it does little to dislodge these items of faith. The company’s reputation is seemingly unassailable. Google’s colorful, playful logo is imprinted on human retinas just under six billion times each day, 2.1 trillion times a year—an opportunity for respondent conditioning enjoyed by no other company in history. Caught red-handed last year making petabytes of personal data available to the US intelligence community through the PRISM program, Google nevertheless continues to coast on the goodwill generated by its “don’t be evil” doublespeak. A few symbolic open letters to the White House later and it seems all is forgiven. Even anti-surveillance campaigners cannot help themselves, at once condemning government spying but trying to alter Google’s invasive surveillance practices using appeasement strategies.   Nobody wants to acknowledge that Google has grown big and bad. But it has. Schmidt’s tenure as CEO saw Google integrate with the shadiest of US power structures as it expanded into a geographically invasive megacorporation. But Google has always been comfortable with this proximity. Long before company founders Larry Page and Sergey Brin hired Schmidt in 2001, their initial research upon which Google was based had been partly funded by the Defense Advanced Research Projects Agency (DARPA). And even as Schmidt’s Google developed an image as the overly friendly giant of global tech, it was building a close relationship with the intelligence community.   In 2003 the US National Security Agency (NSA) had already started systematically violating the Foreign Intelligence Surveillance Act (FISA) under its director General Michael Hayden. These were the days of the “Total Information Awareness” program. Before PRISM was ever dreamed of, under orders from the Bush White House the NSA was already aiming to “collect it all, sniff it all, know it all, process it all, exploit it all.” During the same period, Google—whose publicly declared corporate mission is to collect and “organize the world’s information and make it universally accessible and useful”—was accepting NSA money to the tune of $2 million to provide the agency with search tools for its rapidly accreting hoard of stolen knowledge.   In 2004, after taking over Keyhole, a mapping tech startup cofunded by the National Geospatial-Intelligence Agency (NGA) and the CIA, Google developed the technology into Google Maps, an enterprise version of which it has since shopped to the Pentagon and associated federal and state agencies on multimillion-dollar contracts.54 In 2008, Google helped launch an NGA spy satellite, the GeoEye-1, into space. Google shares the photographs from the satellite with the US military and intelligence communities. In 2010, NGA awarded Google a $27 million contract for “geospatial visualization services.”   Around the same time, Google was becoming involved in a program known as the “Enduring Security Framework” (ESF), which entailed the sharing of information between Silicon Valley tech companies and Pentagon-affiliated agencies “at network speed.” Emails obtained in 2014 under Freedom of Information requests show Schmidt and his fellow Googler Sergey Brin corresponding on first-name terms with NSA chief General Keith Alexander about ESF. Reportage on the emails focused on the familiarity in the correspondence: “General Keith . . . so great to see you . . . !” Schmidt wrote. But most reports overlooked a crucial detail. “Your insights as a key member of the Defense Industrial Base,” Alexander wrote to Brin, “are valuable to ensure ESF’s efforts have measurable impact.”   In 2012, Google arrived on the list of top-spending Washington, DC, lobbyists—a list typically stalked exclusively by the US Chamber of Commerce, military contractors, and the petrocarbon leviathans. Google entered the rankings above military aerospace giant Lockheed Martin, with a total of $18.2 million spent in 2012 to Lockheed’s $15.3 million. Boeing, the military contractor that absorbed McDonnell Douglas in 1997, also came below Google, at $15.6 million spent, as did Northrop Grumman at $17.5 million.   If anything has changed since those words were written, it is that Silicon Valley has grown restless with that passive role, aspiring instead to adorn the “hidden fist” like a velvet glove. Writing in 2013, Schmidt and Cohen stated,    What Lockheed Martin was to the twentieth century, technology and cyber-security companies will be to the twenty-first.   This was one of many bold assertions made by Schmidt and Cohen in their book, which was eventually published in April 2013. Gone was the working title, “The Empire of the Mind”, replaced with “The New Digital Age: Reshaping the Future of People, Nations and Business”. By the time it came out, I had formally sought and received political asylum from the government of Ecuador, and taken refuge in its embassy in London. At that point I had already spent nearly a year in the embassy under police surveillance, blocked from safe passage out of the UK. Online I noticed the press hum excitedly about Schmidt and Cohen’s book, giddily ignoring the explicit digital imperialism of the title and the conspicuous string of pre-publication endorsements from famous warmongers like Tony Blair, Henry Kissinger, Bill Hayden and Madeleine Albright on the back.   Billed as a visionary forecast of global technological change, the book failed to deliver—failed even to imagine a future, good or bad, substantially different to the present. The book was a simplistic fusion of Fukuyama “end of history” ideology—out of vogue since the 1990s—and faster mobile phones. It was padded out with DC shibboleths, State Department orthodoxies, and fawning grabs from Henry Kissinger. The scholarship was poor—even degenerate. It did not seem to fit the profile of Schmidt, that sharp, quiet man in my living room. But reading on I began to see that the book was not a serious attempt at future history. It was a love song from Google to official Washington. Google, a burgeoning digital superstate, was offering to be Washington’s geopolitical visionary.   One way of looking at it is that it’s just business. For an American internet services monopoly to ensure global market dominance it cannot simply keep doing what it is doing, and let politics take care of itself. American strategic and economic hegemony becomes a vital pillar of its market dominance. What’s a megacorp to do? If it wants to straddle the world, it must become part of the original “don’t be evil” empire.   Whether it is being just a company or “more than just a company,” Google’s geopolitical aspirations are firmly enmeshed within the foreign-policy agenda of the world’s largest superpower. As Google’s search and internet service monopoly grows, and as it enlarges its industrial surveillance cone to cover the majority of the world’s population, rapidly dominating the mobile phone market and racing to extend internet access in the global south, Google is steadily becoming the internet for many people. Its influence on the choices and behavior of the totality of individual human beings translates to real power to influence the course of history.  If the future of the internet is to be Google, that should be of serious concern to people all over the world—in Latin America, East and Southeast Asia, the Indian subcontinent, the Middle East, sub-Saharan Africa, the former Soviet Union, and even in Europe—for whom the internet embodies the promise of an alternative to US cultural, economic, and strategic hegemony. I first became really interested in this side of Google back in 2013, when I read the entire transcript of the Schmidt interview of Assange. For more on the topic, see the post I published at the time: Highlights from the Incredible 2011 Interview of Wikileaks’ Julian Assange by Google’s Eric Schmidt. Finally, I think the perfect way to end this piece is with the following tweet: Google motto 2004: Don't be evilGoogle motto 2010: Evil is tricky to defineGoogle motto 2013: We make military robots — Brent Butt (@BrentButt) December 16, 2013

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07 августа, 13:45

General Electric будет 10 лет производить тепловозы в Украине

Американская корпорация General Electric и ОАО «Укрзализныця» будут развивать сотрудничество для обновления парка тепловозов и сервисного обслуживания с использованием комплектующих украинского производства и мощностей украинских предприятий. Об этом сообщает UBR. Планируется, что первый контракт для […]

30 июля, 15:37

О чем шумите вы, немецкие турбины?

Во-вторых, никак нельзя было ожидать, что такую свинью нам подложит именно Siemens. Эта компания давно чувствует себя в нашей стране как дома. Пришла она в Россию еще при царе-батюшке.  Электростанции, уличное освещение, трамвай, телеграф, телефон – всюду поработали эти рукастые и головастые немцы

30 июля, 12:59

Бывший писатель-фантаст, долго косивший под друга России, решил решил поговнять рашку. И обосрался.

Лучше бы он выбрал другой объект для своих фэнтези.Читайте с моими комментариями:TURBOВ России нет собственных турбин большой мощности, зато представлен большой парк оборудования Siemens, General Electric, Alstom и др. (...) Без программного кода, который позволяет получить доступ к системе управления, запустить турбину невозможно...Врёт! В России уже 20 лет делают турбогенераторы до 1200 мегаватт для тепловых и атомных станций. Сделанные  в 70е годы продолжают работать. И новые строят. Не знаю есть ли на западе более мощные? Раньше, в моё время, не было.Итак, собственных турбин большой мощности в могучей и самодостаточной Российской Федерации нет, потому что не производят, а программные коды, без которых турбину не запустить, (Пиздит, косой! Мы как то их запускали) тоже нет, потому что продавцы их покупателю не сообщают, запуская дистанционно, и таким образом, если на то будет воля жалких партнеров Кремля, все крупные турбины великой державы будут остановлены извне без возможности их запустить. Это понятно. И с "умными сетями" понятно.  Не вполне понятно, о какой защите каких национальных интересов может идти речь.Я, как бывший профессиональный энергетик, знаю в отличие от писателя фантаста, что турбина управляется довольно просто. В отличие от многофункционального обрабатывающего центра с ЧПУ. Собственно, она управляется только регулированием подачи пара путём регулирования давления пара. По простому - задвижку крутят. Я ни секунды не сомневаюсь, что наши уважаемые партнёры навтыкали в систему управления свои гаджеты с недокументированными возможностями для установления контроля над покупателями оборудования.Ну так выдрать их все и крутить задвижки оператором!В реальности всё несколько сложнее. Турбина скорее всего имеет несколько форсунок со своими клапанами. Каждый из которых управляется отдельно. Они выпускают пар во время раскрутки турбины до штатных оборотов по определённому алгоритму с целью правильно разогреть турбину, чтобы избежать перекосов и пройти критические обороты с наименьшими вибрациями. Если паропроводы к этим клапанам идут снаружи турбины, то не сложно провести испытание турбины на всех оборотах и записать диаграммы давлений. Чтобы потом регулировать в соответствии с этими диаграмама подачу пара на форсунки. Хоть вручную.Если эти трубопроводы и клапана спрятаны в корпус турбины, это несколько сложнее. Придётся высверливать корпус в нужных местах для вставления датчиков в паропроводы. Но и здесь нет принципиальных трудностей.Есть чисто технологические. Трудность ожидается в том, как совместить график несения нагрузок с графиком испытаний и реконструкции.К слову, работая над книгой об Африке, узнал, в частности, что бельгийцы, создавая   État indépendant du Congo,  воружали войска т. н. "союзных вождей" новейшими ружьями, но сделанными так, что после 15-20 выстрелов требовался ремонт, который негры делать не могли. Согласитесь, умно...Но проблема такая есть. Запад продаёт все станки только с дистанционным контролем и управлением с недокументированными возможностями. Даже если просто передвинуть станок, он перестанет работать. Ну и он сообщает всем заинтересованным людям о точных параметрах всех обрабатываемых на станке деталях. (Это я о техническом шпионаже на современном уровне).Я не знаю, какой процент таких станков в стране, но их вообще не должно быть на критических производствах. Если нет возможности заменить их на отечественные, то надо покупать станки в Китае и КНДР. Ну и дерибанить западные станки с целью их перепрограммирования.Но основная проблема не в станках, а в пятой и шестой колоннах, которые будут саботировать все нужные мероприятия в этом направлении.Всяких подвывал-фантастов можно в расчёт не принимать. Спецы не на них ориентируются. Их цель - электорат.

29 июля, 23:36


В России нет собственных турбин большой мощности, зато представлен большой парк оборудования Siemens, General Electric, Alstom и др. (...) Без программного кода, который позволяет получить доступ к системе управления, запустить турбину невозможно...Итак, собственных турбин большой мощности в могучей и самодостаточной Российской Федерации нет, потому что не производят, а программные коды, без которых турбину не запустить, тоже нет, потому что продавцы их покупателю не сообщают, запуская дистанционно, и таким образом,если на то будет воля жалких партнеров Кремля, все крупные турбины великой державы будут остановлены извне без возможности их запустить. Это понятно. И с "умными сетями" понятно.  Не вполне понятно, о какой защите каких национальных интересов может идти речь.К слову, работая над книгой об Африке, узнал, в частности, что бельгийцы, создавая   État indépendant du Congo,  воружали войска т. н. "союзных вождей" новейшими ружьями, но сделанными так, что после 15-20 выстрелов требовался ремонт, который негры делать не могли. Согласитесь, умно...

29 июля, 04:36

«Карбоновые призраки»: углепластик скроет самолеты ВКС России от радаров

Авиационный завод в Улан-Удэ завершил испытания нового регионального самолета ТВС-2-ДТС. Его особенность в том, что он создан почти на 100% из композитных материалов. Композиты настолько активно «завоевывают» авиастроение, что уже сейчас ясно: гражданские и военные самолеты будущего будут ...

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28 июля, 17:45

Компанию Uber может возглавить руководитель General Electric

Ранее сообщалось, что 61-летний Дж.Иммельт, 16 лет руководящий GE, уйдет в отставку с поста CEO 1 августа и оставит должность председателя совета директоров 31 декабря.

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28 июля, 14:02

Global Markets, Futures Slide Spooked By Poor Amazon Earnings, US Politics

S&P futures have tracked both European and Asian markets lower, which were dragged down by the big EPS miss and guidance cut reported by Amazon on Thursday. Meanwhile, the pounding of the dollar has resumed with the euro and sterling strengthening against the dollar due to renewed political concerns after this morning's stunning failure by the Senate GOP to pass a "skinny" Obamacare repeal after John McCain sided with democrats. AMZN was down 3% after missing on the bottom line, reporting slowing AWS profits, and forecasting Q3 operating income which may be a loss: "It has been a pretty good season for earnings and this is the first big company that has sown a few doubts on that, and it also raises question on where the broader tech sector is headed from here," said Investec economist Victoria Clarke. MSCI's broadest index of Asia-Pacific shares ex-Japan fell 0.8%, with Samsung Electronics, Asia's largest company by market cap, tumbling 3.5%. The dollar headed for a weekly decline against most of its major peers amid the Federal Reserve’s dovish tone, with traders looking at today's first look at Q2 GDP as the next driver for the currency. Treasuries were flat on the day and set for their first weekly decline in three weeks. In Asia, a selloff in tech stocks prompted by Amazon's results sent benchmark indexes tumbling from Sydney to Hong Kong.  The slide in global tech shares also spread to Europe on heightened concerns about corporate earnings as equity markets opened lower, with technology sector particularly heavy as it catches up with Nasdaq weakness yesterday. French CAC underperforms after earnings misses from L’Oreal (-1.9%) and Renault (-5.7%). Europe's tech index fell 1.4 percent in early trading on Friday, the region's worst-performing sector. "In terms of one story shaping sentiment it is quite remarkable, but markets are also a bit nervous ahead of U.S. GDP numbers due out today," said Investec's Clarke. "The trigger was Amazon but developments overnight on U.S. healthcare has not helped sentiment." German bunds extend a selloff as the country's CPI came in at 1.7%, hotter than the 1.5% expected, confirming the upside risks signaled by strong regional numbers; peripheral European bonds and other core fixed-income markets moved lower in tandem. In economic data out of Europe this morning, German Q2 GDP joined inflation in printing higher than the 1.5%, coming at 1.7%, and above Q1's 1.6%. Spanish GDP printed at +0.9%qoq in the second quarter of 2017, in line with consensus expectations, posting the best reading since 2015. Meanwhile, French GDP grew by +0.5%qoq in Q2. This was also in line with consensus. The GDP growth reflected a large positive contribution from external net trade (+0.8pp), driven by a rebound in exports (+3.1%qoq) after a decline of 0.7% in Q1. Imports were slightly up on the quarter (+0.2%qoq). Changes in inventories contributed negatively with 0.6pp, reversing the positive contribution in Q1 (+0.7pp), whereas domestic demand (excl. inventories) contributed +0.4pp, similar to the previous quarter. The Swiss franc plunged for a fourth day versus the euro, reaching its weakest level since 2015, just shy of 1.14, following numerous stop hits and position unwinds as well as concerns about upcoming tapering by the ECB. The pair spiked as daily fix requirements in Tokyo triggered large stops, traders quoted by Bloomberg said. The CitiFX eTrading team noted that overnight in Asia, “USDCHF saw 6x and EURCHF seeing 11x its average interest over the session so far. The market seems to have been spooked by the unexpected moves in CHF as well with liquidity density lower across the board.” SEK jumped after Swedish GDP beat estimates by 0.8ppt. The GBP was moved around by FT reports that the UK Chancellor Hammond seeks an “off the shelf” Brexit transition. Citi's take: “The government appears to be shifting towards effectively extending EU membership by adopting a “Norway-plus” model (membership of the European Economic Area plus customs union). While this would be the most benign outcome for the economy short of staying in the EU, there are reasons to remain cautious, in our view.” The dollar was pressured ahead of U.S. growth data while Treasuries were flat. Oil prices held near eight-week highs hit on Thursday after key OPEC members pledged to reduce exports and the U.S. government reported a sharp decline in crude inventories. Brent crude futures were at $51.52 per barrel, up slightly in European trading and close to highs of $51.64 hit on Thursday. Today's economic data include the closely watched first estimate of 2Q GDP, UMichigan consumer sentiment, while among the more notable earnings releases include Exxon, Chevron, Merck & Co, AbbVie. U.S. Market Snapshot S&P 500 futures down 0.4% to 2,462.50 Nasdaq futures down 0.9% to 5858 STOXX Europe 600 down 1% to 378.53 MXAP down 0.7% to 159.29 MXAPJ down 1.1% to 525.32 Nikkei down 0.6% to 19,959.84 Topix down 0.4% to 1,621.22 Hang Seng Index down 0.6% to 26,979.39 Shanghai Composite up 0.1% to 3,253.24 Sensex down 0.5% to 32,220.77 Australia S&P/ASX 200 down 1.4% to 5,702.82 Kospi down 1.7% to 2,400.99 German 10Y yield rose 2.4 bps to 0.56% Euro up 0.2% to 1.1705 per US$ Italian 10Y yield fell 3.4 bps to 1.802% Spanish 10Y yield rose 3.4 bps to 1.541% Brent Futures up 0.4% to $51.68/bbl Gold spot up 0.03% to $1,259.51 U.S. Dollar Index down 0.1% to 93.75 Top Overnight News The Swiss franc’s slide extended on bets that a tapering announcement by the ECB later this year will spur more selling of the haven currency The German and French economies showed signs of renewed impetus in the second quarter, underpinning the growth momentum the European Central Bank is banking on to boost inflation Sweden’s economy grew at a considerably faster pace last quarter than predicted by analysts, adding pressure on the central bank to focus on the timing of an exit from years of extreme monetary stimulus A months-long effort by Senate Republicans to pass health legislation collapsed early Friday after GOP Senator John McCain joined two of his colleagues to block a stripped-down Obamacare repeal bill Russia Orders U.S. to Reduce Diplomatic Staff in Russia Jeffrey Immelt, the outgoing chief executive officer at General Electric Co., is on a narrowing list of candidates to take over as head of Uber Technologies Inc. Amazon.com Inc. reminded investors that luring shoppers away from stores and dominating the cloud-computing industry isn’t cheap BNP Paribas SA is showing it’s still possible to build a big investment bank franchise from Europe Trudeau Officials Are Said to Fear Impact of Speedy Hikes Citigroup Adds Wilson as Head of Electronic, Algorithmic Trading U.S. Safety Regulators Expand Probe of Exhaust in Ford SUVs Electronic Arts CEO Says VR Will Take 2 Years to Reach Masses Amgen’s Repatha sBLA Gets Priority FDA Review for Heart Attacks Boeing To Lay Off 220 Puget Sound Workers Expedia Invests $350m in Indonesia’s Traveloka UBS Shares Drop Most Since January as Capital Ratio Declines Thiam ‘Feeling Good’ as Credit Suisse Overhaul Gains Traction Komatsu Joins Rivals to Flag China Rebound as Profit Doubles Asia equity markets traded negative across the board following the indecisive tone on Wall St. where tech stocks underperformed as the Nasdaq Comp pulled back from record levels, while data releases also proved to be uninspiring. ASX 200, was the laggard amid broad-based weakness and profit taking in commodity stocks, while Nikkei 225, was pressured by a firmer JPY, with weaker than expected Retail Sales and mostly inline inflation data also keeping sentiment tame. Furthermore, Toshiba shares fell off a cliff with losses of over 10% amid several negative news reports for the Co. Shanghai Comp. and Hang Seng also conformed to the downbeat tone in the region, although downside in the mainland was stemmed after another respectable liquidity operation by the PBoC. 10yr JGBs failed to benefit from the risk averse tone and the BoJ's Rinban announcement for over JPY ltln of government debt, as demand remained subdued following weakness in USTs amid heavy corporate supply. PBoC injected CNY 100bln in 7-day reverse repos and CNY 40bln in 14-day reverse repos, for a weekly net injection of CNY 280b1n vs. Prey. CNY 510bln injection last week. BOJ Summary of Opinions from July 19th-20th stated year on year change in CPI is likely to increase gradually towards 2% with the inflation target likely to be reached by around fiscal 2019. Furthermore, there was an opinion that the range of the target level of 10yr JGB yields should not be interpreted too strictly, while there was an opinion that it is appropriate to set the new target of JGB purchases at a yearly pace of roughly JPY 45TN and then reduce the pace of purchases in an orderly and incremental manner.  Japanese National CPI (Jun) Y/Y 0.4% vs. Exp. 0.4% (Prey. 0.4%). Japanese National CPI Ex-Fresh Food (Jun) Y/Y 0.4% vs. Exp. 0.4% (Prey. 0.4%) Top Asian News Pakistan Court Orders Prime Minister to Resign Due to Corruption Japanese CPI Stalls at 0.4 Percent Even as Job Market Tightens Instagram Posts Will Soon Help Sniff Out Tax Fraud in India Taiwan Economy Grows Less Than Forecast on Weak Domestic Demand Amazon’s ‘Prime Now’ Service Stalls Upon Entry in Singapore HSBC Sees PBOC Boosting Market Rates, Bond Yields Rising to 4% Pakistan Court Orders Sharif Disqualification on Graft Charges European equity markets continue to be led by earnings, and have opened lower, not helped by the lagging tech sector in the US. Sector specific, telecoms lag, as heavyweight BT's poor report has weighed. Europe does trade fairly subdued as a whole however, with much focus on the German CPI data. Top European News Renault Shares Tumble as Company Sees Price Pressures Rising BNP Shows Europe Can Still Build Investment-Bank Champions Santander Starts to Steady Popular Unit as Profit Increases SEB Expects More Hawkish Riksbank Following Strong Swedish GDP German Court Revokes Decision to Halt Opal Gas Capacity Auctions Diesel Battle Moves to German Court as Porsche Recalls Cayenne Sweden’s Economy Soared in Second Quarter, Trouncing Estimates Merkel Bloc Support at Highest in Nearly Two Years in Poll Sweden Prel. 2Q GDP Grew Quarterly 1.7% vs Est. Growth 0.9% In currencies, the EUR has seen some buying as the German regionals filter out, with the M/M figures across the board being revised higher. Elsewhere, FX volatility remains fairly quiet as a volatile week comes to a close. UK Finance Minister Hammond was reported in the FT through the European morning, expressing his optimism toward migration and trade between the UK and EU. Markets were unreactive to the Minister's comments; however, GBP/USD continues to see some marginal recovery, aided by the recent dampening in the greenback. The pair trades largely in tandem with EUR/USD currently, with a similar 4h trendline keeping the pair ahead of 1.3050. In commodities, oil markets have seen a bullish week and have not looked back since the rejection of the USD 42.00/bbl Looking at the day ahead today, it's a busy end to the week in the US as we will open with the advance Q2 GDP report (2.7% annualized QoQ expected; 1.4% previous), along with the Q2 Personal consumption numbers (+2.8% expected; Core PCE +0.7% QoQ expected). Later in the day we will also get the final University of Michigan consumer sentiment reading for July with no revisions expected (93.1 expected). US Event Calendar 8:30am: Revisions: GDP data from 2014-16; reference year remains 2009 GDP Annualized QoQ, est. 2.7%, prior 1.4% Personal Consumption, est. 2.8%, prior 1.1% GDP Price Index, est. 1.3%, prior 1.9% Core PCE QoQ, est. 0.7%, prior 2.0% 8:30am: Employment Cost Index, est. 0.6%, prior 0.8% 10am: U. of Mich. Sentiment, est. 93.1, prior 93.1; Current Conditions, prior 113.2; Expectations, prior 80.2 DB's Jim Reid concludes the overnight wrap Markets had a messy hour or so last night as well. Before this it was looking like another day of ultra low vol and the 11th day in a row with the VIX below 10. However a sudden US lunchtime spike higher in the VIX (from 9.16 to 11.46 in not much more than an hour) and a fall in US equities - especially the NASDAQ that went from record intra-day highs and up +0.5% to down -1.5% 90 minutes later - broke the calm. In a very low vol world this felt a bit like a flash crash but the reality is that in more normal markets we probably wouldn't be making too big a deal about it. Some blamed a broker note suggesting the end of the low vol environment was nigh but there was nothing concrete causing the sell-off. In fact, markets slowly recovered into the close with the VIX touching 10 again before closing at 10.11. Meanwhile the NASDAQ 'only' closed down -0.63%, with the S&P 500 rallying 0.5% from the lows to close -0.10%. Meanwhile the Dow shrugged off the early afternoon slump to close at the days high and a new record (+0.39%), helped by strong results from Verizon (+7%). The tech stocks continued to attract attention after the bell with Amazon’s results disappointing (-3%), but Intel beating and up ~3%. NASDAQ futures are down -0.6% this morning. Earlier European markets were mixed, the Stoxx 600 fell 0.1%, with gains in the telco (+1.3%) and real estate sector broadly offset by losses in health care (-1.2%) and utilities. Across the region, the DAX (-0.8%), FTSE 100 (-0.1%) and CAC (-0.1%) all softened, but the Italian FTSE MIB was up slightly (+0.3%). After that brief excitement, it could be a relatively interesting end to the week with the highlights being German and French flash CPI figures this morning and US Q2 GDP this afternoon. Any inflation data is being scrutinised for price pressure clues (or lack of them) at the moment and US growth is always interesting (Bloomberg consensus at 2.7% for Q2). Talking of inflation, overnight we've seen Japan release their latest monthly figures with June nationwide CPI +0.4% YoY (May: +0.4%), core CPI excluding fresh food was +0.4% (+0.4%), BoJ's core CPI excluding fresh food and energy was 0.0% (0.0%), and core-core CPI excluding food and energy was -0.2% (-0.2%). The report was broadly in-line with consensus but one that still leaves the BoJ well below their target. This morning in Asia, markets took cues from the US mini-sell-off, with bourses all softening, the Nikkei (-0.4%), Kospi (-1.3%), Hang Seng (-0.6%) and the Shanghai Comp down -0.1%. Away from the markets, there was more voting drama in the attempt to repeal Obamacare. Five Senate Republicans said they would only vote for the skinny repeal of Obamacare if they got assurance that passage would only be a stepping stone to a conference committee to come up with a fuller repeal and replacement. Later on, House speaker Ryan provided such assurance. That said, forward plans remains uncertain, with the likely outcome featuring various amendment votes. Elsewhere, Republican leaders said that due to unknowns associated with the border adjusted tax (BAT), it will NOT be part of negotiations on how to overhaul the US tax code. This clarification does raise the issue of how the Republicans will find other sources of revenue, as White House speaker Ryan’s BAT concept was expected to raise $1trn of tax revenue over a decade. Talking of politics, the Brexit negotiations appear to be facing communication issues, EU Brexit negotiator Barnier told EU ambassadors that he doesn't expect enough progress will be made by October to allow for the start of talks on the future relationship with the UK. Conversely, UK responded by saying it was confident it would make enough progress by October. Back to yesterday, in Europe the STOXX 600 index dipped slightly lower by -0.1% but still remains marginally up on the week (+0.6% WTD). Key regional indices also posted losses with the DAX (-0.8%), FTSE (-0.1%) and CAC (-0.1%) all down on the day. At the other end of the risk spectrum we saw some divergence in yield moves between Europe and the US with the former playing catch-up with the Fed inspired Treasury rally from the night before. Interestingly even with the sharp lunchtime falls in US equities Treasuries continued to retrace the post Fed moves to end the day +1bps (2yr) and +3bps (10 yr) higher. Yields have dipped a bps overnight again though. German Bund yields earlier dropped across all maturities (2Y -1bp; 10Y -3bps) with Gilts (2Y -3bps; 10Y -3bps), OATs (2Y -2bps; 10Y -1bp) and BTPs (10Y -3bps) also seeing falling yields. Over in FX markets we saw the US dollar index rise (+0.3%) to erase nearly all of the previous day’s losses. Both the Euro (-0.5%) and Sterling (-0.4%) fell on the back of dollar gains. Over in commodities we saw nearly all segments trade higher yesterday. The energy sector continues to perform well across the board with oil trading higher again (WTI +0.8%), and is now up every day this week so far with gains of over +7% WTD. Precious metals (Gold +0.9%; Silver +1.0%) and industrial metals (Copper +1.7%; Aluminium +0.6%) ticked up on the day as well, as did the broader agricultural commodity complex (Corn +0.9%; Wheat +0.7%). Yesterday was fairly quiet in terms of data out of Europe. We opened with the German GfK Consumer Confidence indicator for August which marginally beat expectations at 10.8 (vs. 10.6 expected; 10.6 previous), and later on saw Euro area M3 money supply for June grow in line with expectations at 5.0% YoY (5.0% previous). In the US, it was a busy day with most interest on the June durable goods orders report. Headline orders were better than expected at 6.5% mom (vs. 3.9% expected; -0.1% previous), mainly due to a material lift in the orders for aircraft and parts. Excluding transportation items, orders rose just 0.2% mom (vs. 0.4% expected), but the softer result was made more palatable as the prior month’s data was revised up to 0.6% (from 0.3%). In other news, Wholesale inventories beat expectations, up 0.6% mom in June (vs. 0.3% expected; 0.4% previous), as did retail inventories. The Chicago Fed’s National Activity Index also moved back above zero to 0.13 in June, signalling that growth is slightly above trend. Initial jobless claims stood at 244k last week, so that the four-week average remained at 244k. Looking at the day ahead today, in Europe we will open with the Q2 GDP reading for France (+1.6% YoY expected; 1.1% previous). Following that we will get flash July CPI readings for France (+0.8% YoY / -0.4% mom expected) and Germany (+1.4% YoY / +0.3% mom expected). Euro area economic confidence (110.8 expected), business climate (1.14 expected), industrial confidence (4.4 expected) and services confidence (13.4) indicators for July are also due, along with the final reading for the July consumer confidence indicator where no revisions are expected (-1.7 expected). It’s a busy end to the week in the US as we will open with the advance Q2 GDP report (2.7% annualized QoQ expected; 1.4% previous), along with the Q2 Personal consumption numbers (+2.8% expected; Core PCE +0.7% QoQ expected). Later in the day we will also get the final University of Michigan consumer sentiment reading for July with no revisions expected (93.1 expected). Away from economic data we will see earnings season continue tomorrow as American Airlines, Chevron, Exxon Mobil and Merck are due to report in the US tomorrow. In Europe we have BNP and UBS reporting as well.

28 июля, 10:59

Uber рассматривает кандидатуру главы GE Джеффа Иммельта на пост CEO

Руководство сервиса по заказу такси Uber Technologies Inc. может предложить главе General Electric Джеффу Иммельту стать новым CEO компании после ухода основателя Трэвиса Каланика, пишет The Wall Street Journal со ссылкой на информированные источники.

28 июля, 10:31

Uber задумалась о приглашении главы General Electric на должность гендиректора

Руководство сервиса по заказу такси Uber Technologies может предложить главе General Electric Джеффу Иммельту стать новым CEO компании после ухода основателя Трэвиса Каланика, пишет The Wall Street Journal со ссылкой на информированные источники.

28 июля, 09:37

Капитализация Facebook достигла рекордных 500 млрд долларов

По данным индекса высокотехнологичных фирм Nasdaq, который недавно обновил собственный рекорд, капитализация инновационной компании Facebook достигла исторического показателя, стоимость впервые превысила 500 млрд долларов. По состоянию на 19:05 по Москве акции Facebook выросли на четыре с лишним процента и торговались по 172,84 доллара за штуку. Не исключено, что рост простимулировала новость о выпуске модульного телефона, о чём ранее писали Пронедра. На тот момент капитализация превысила 500,81 млрд долларов.

28 июля, 08:29

Сенат одобрил санкции против РФ. Дело за Трампом

Сенат США практически единогласно одобрил законопроект, предусматривающий введение новых санкций в отношении России. Также в нем содержаться дополнительные санкции против Ирана и Северной Кореи.

28 июля, 08:29

Сенат одобрил санкции против РФ. Дело за Трампом

Сенат США практически единогласно одобрил законопроект, предусматривающий введение новых санкций в отношении России. Также в нем содержатся дополнительные санкции против Ирана и Северной Кореи.

27 июля, 19:42

When Big Numbers Attack: Corporate Defined Benefit Plans are Not the Problem

I started my career working with corporate pension plans, thus when I saw the following article in my twitter feed causing alarm, I thought some might have an interest in context and reality of the supposed corporate pension crisis. Note that state and local pensions are a completely different story.Per Bloomberg:People who rely on their company pension plans to fund their retirement may be in for a shock: Of the 200 biggest defined-benefit plans in the S&P 500 based on assets, 186 aren’t fully funded. Simply put, they don’t have enough money to fund current and future retirees.The situation worsened for more than half of these funds from fiscal 2015 to 2016. A big part of the reason is the poor returns they got from their assets in the superlow interest-rate environment that followed the financial crisis. It’s left a hole of $382 billion for the top 200 plans. The reality is corporate pension plan participants are completely fine and it is simply a straw man argument that has cost employees from the security that a defined benefit "DB" pension can provide.HOW DO CORPORATE PENSION PLANS WORKI'm going to oversimplify things a bit, but at a high level corporate pensions have assets (straight forward - they are what they are) and liabilities which are the benefits that participants have earned and are owed. These liabilities are a bit more complex because while you generally know roughly what you owe in the future, you don't know exactly what those liabilities will cost in today's dollars. The way corporate pension back into this value is through a discount rate. The end result is liabilities are less today than in the future as you can invest $1 today to cover a larger $ amount in the future. An example... assuming liabilities for a plan are $100 / year for 25 years discounted at 4.3% (more on that later), they are worth $1614 (vs $100 x 25 = $2500) as seen below.Cash Flows Discounted Back to a Present Value at a 4.3% Discount Rate Each YearTotal value of 25 years of $100 / year discounted back at 4.3%THAT BIG NUMBER IN THE HEADLINE IS SCARY$382 billion!!!! That number seems big, but but notice there is not one mention of the relative scale of that. According to P&I as of 9/30/16:Among the 200 largest retirement plans, assets totaled $6.79 trillion as of Sept. 30, up 6.2% from the year earlier. Of this, $4.83 trillion belonged to DB plans (up 5.5%) and $1.96 trillion to DC plans (up 8%).So that big $382 billion number was ~8% of total plan liabilities as of 9/30/16 (global stocks have also happened to go up ~17% since that time so the funded status has likely improved quite a bit since). BUT PLANS WOULD NEVER USE A 4.3% DISCOUNT RATE... MORE LIKE 10%, RIGHT?Corporate pensions are required to discount liabilities at a rate roughly equal to a corporate bond of similar duration as their pension liabilities. The rationale being that's the rough rate a debtor would require, but also because when a plan is fully funded (i.e. 100% assets to cover future liabilities at this discount rate) the plan could simply invest the proceeds in long corporate bonds and call it a day (it's more complex than that, but close enough for this post - it also happens to be the basis of liability driven investing "LDI" and why pensions own a lot of long bonds). The discount rate is extraordinarily low right now given where market rates and spreads are and can be though of how much it would cost a corporation to fund their underfunded status. Looking at Intel's latest annual report (the poster child in the article as they are the most underfunded plan in % terms), we see they used a 4.3% discount rate at year-end. This rate has a huge implications for the liability calculation. Assuming a move up in rates to just 5%, we can see that the present value of liabilities in the previous examples goes down more than 6%. In reality, assuming pensions have a duration of ~20 years, a ~35 bp higher rate as of 9/30/16 would have pushed the underfunded status of pensions to $0 without a change in assets valuations.POOR ANECDOTES DON't HELPBack to Bloomberg:Last month, the 70,000 participants in the United Parcel Service Inc. pension plan learned they won’t earn increased benefits if they work after 2022. Late last year DuPont Co. announced it would stop making payments into its pension plan for 13,000 active employees, and Yum! Brands Inc. offered some former employees a lump-sum buyout to offload some of its pension liabilities. General Electric Co. has a major problem. The company ended its defined benefit plan for new hires in 2012, but its primary plan, covering about 467,000 people, is one of the largest in the U.S. And at $31 billion, GE’s pension shortfall is the biggest in the S&P 500.Now reality of what this means...UPS / DuPont: these moves have nothing to do with past pension liabilities or risk to participants. That has to do with corporations de-risking their balance sheets by moving future benefits from defined benefit (they have the obligation to pay an amount) to defined contribution (a one off payment into a 401k). Benefits that have already been earned are not changed.Yum! Brands: this is an option for employees to leave their plans at the current present value of their liabilities. Options have positive values for option holders, so this is a good thing.GE: $31 billion is certainly GE's problem, but it is not their employees issue unless the company goes bankrupt, cannot make the payment in bankruptcy, and the participant is above the threshold guaranteed by the PGBC (a government agency that backstops corporate pensions for a fee - and are required). None of this likely matters as GE has an equity cushion for participants of $222 billion (i.e. their market cap) and if GE wanted, they could simply add $31 billion in debt to fund their plan and make this optical issue go away (something they may be forced to do down the line in increments given rules)As for Intel (the poster child as the least funded pension), they have unfunded obligation of $2 billion or less than one quarter of earnings.EconomPic Data: Darn Nice Economic Eye Candy

27 июля, 19:30

Наказать и навредить

Новые санкции США нанесут удар по российскому нефтегазовому сектору и экспортерам

27 июля, 17:21

Шестое поколение: новый радар ВКС РФ сделает бесполезной авиацию США

В России создан экспериментальный образец радиофотонного радара, который будет устанавливаться на перспективные истребители шестого поколения, заявил советник первого заместителя главы концерна «Радиоэлектронные технологии» (КРЭТ) Владимир Михеев.

27 июля, 15:50

Wall Street. Акции на премаркете

(компания / тикер / цена / изменение ($/%) / проторгованый объем) 3M Co MMM 200 0.97(0.49%) 910 ALCOA INC. AA 36.8 0.17(0.46%) 2346 ALTRIA GROUP INC. MO 71.4 -0.33(-0.46%) 6466 Amazon.com Inc., NASDAQ AMZN 1,068.00 15.20(1.44%) 68018 Apple Inc. AAPL 154.25 0.79(0.51%) 102848 AT&T Inc T 38.1 0.07(0.18%) 41926 Barrick Gold Corporation, NYSE ABX 16.65 0.41(2.52%) 61756 Boeing Co BA 235.9 2.45(1.05%) 93811 Caterpillar Inc CAT 113.7 0.18(0.16%) 253 Chevron Corp CVX 105.5 0.38(0.36%) 1425 Cisco Systems Inc CSCO 31.76 0.10(0.32%) 51963 Citigroup Inc., NYSE C 68.2 0.22(0.32%) 3781 E. I. du Pont de Nemours and Co DD 85.58 1.15(1.36%) 1610 Exxon Mobil Corp XOM 80.34 -0.03(-0.04%) 20228 Facebook, Inc. FB 177.09 11.48(6.93%) 2867390 Ford Motor Co. F 11.03 -0.03(-0.27%) 68522 Freeport-McMoRan Copper & Gold Inc., NYSE FCX 15 -0.06(-0.40%) 155004 General Electric Co GE 25.68 0.09(0.35%) 6687 General Motors Company, NYSE GM 35.42 -0.20(-0.56%) 1600 Google Inc. GOOG 950.25 2.45(0.26%) 6098 Hewlett-Packard Co. HPQ 19.29 0.03(0.16%) 169 Home Depot Inc HD 146.1 -0.59(-0.40%) 815 Intel Corp INTC 34.69 -0.06(-0.17%) 46780 International Business Machines Co... IBM 144.87 -0.49(-0.34%) 1719 Johnson & Johnson JNJ 131.75 0.80(0.61%) 939 JPMorgan Chase and Co JPM 92 0.07(0.08%) 621 McDonald's Corp MCD 156.75 0.24(0.15%) 1221 Merck & Co Inc MRK 64.6 2.80(4.53%) 605113 Microsoft Corp MSFT 73.8 -0.25(-0.34%) 63881 Nike NKE 58.59 0.23(0.39%) 573 Pfizer Inc PFE 32.85 -0.04(-0.12%) 48200 Procter & Gamble Co PG 91.2 1.90(2.13%) 160361 Starbucks Corporation, NASDAQ SBUX 57.9 -0.04(-0.07%) 9051 Tesla Motors, Inc., NASDAQ TSLA 345.53 1.68(0.49%) 39653 Twitter, Inc., NYSE TWTR 17.57 -2.04(-10.40%) 5131395 Verizon Communications Inc VZ 45.87 1.47(3.31%) 386857 Visa V 101.28 0.43(0.43%) 1288 Walt Disney Co DIS 107.25 0.31(0.29%) 4092 Yandex N.V., NASDAQ YNDX 32.2 0.36(1.13%) 6300 Источник: FxTeam

21 сентября 2016, 17:54

Проект "Монарх"

Среди тонких манипуляций сознанием доверчивого населения, скрыто одно из самых сатанинских изуверств совершаемых над частью рода людского; одна из форм систематического контроля разума, которая пронизала все стороны общества уже пятьдесят лет. Чтобы разобратся в последующем материале следует пересмотреть предвзятые идеологии о двойственной природу человека. Решение теологического вопроса о наследовании человеком добра или зла равносильно определению нами восприятия реальности; в особенности определении значения духовной переменной в уравнении жизни.

11 мая 2016, 11:07

Позорный бизнес мировых брендов

Оригинал взят у mysea в Позорный бизнес мировых брендовЗ1 июля 1948 года, американский военный трибунал признал концерн «Фридрих Крупп» виновным в использовании рабского труда и разграблении промышленных предприятий других стран. Его глава Альфрид Феликс Альвин Крупп фон Болен унд Гальбах приговорен к 12 годам тюрьмы с конфискацией имущества за сотрудничество с нацистами. С фашистами сотрудничал не один «Krupp» — у них были и другие хорошо оплачиваемые помощники (к сожалению, не все понесшие заслуженное наказание).Для людей интересующихся этой темой уже не секрет,что настоящая история Второй Мировой невозможна без освещения того, что А. Гитлера смачно спонсировали международные корпорации. Через нити банковских и промышленных корпораций западной Европы и США фашистская Германия получала огромный суммы денег на развертывание своей деятельности. Цивилизованная Европа и Америка сейчас старательно вычеркивает из истории второй мировой войны эти позорные факты своего сотрудничества с самым кровавым и бесчеловечным режимом двадцатого века, но именно их «цивилизованность» обязана ему.У многих на устах свои знания о тех корпорациях, сотрудничавших с нацистами. Однако, это были не единственные компании, которые действовали в тайном сговоре с нацистами – другие глобальные хозяйствующие субъекты, которых сегодня по-прежнему можно узнать, тоже продавали свои души дьяволу разными способами – и вы можете быть удивлены при виде некоторых имён, перечисленных ниже.Итак, какие известные мировые гиганты уличены в тесных связях с гитлеровской Германией?«Krupp»Существующий почти полтора века концерн начинал с производства бесшовных железнодорожных колес (об этом указывала и его эмблема: три переплетенных между собою кольца). Уже в Первую мировую войну позиция «Krupp» была проста: заработать сколько возможно на войне и фирма весь свой потенциал направила на обслуживание нужд армии – пушки, боеприпасы, новые виды вооружения. Ничем не изменилась концепция концерна с приходом к власти фашистов, на тот момент мирно выпускающего сельскохозяйственную технику, но благоразумно имея еще со времен Первой мировой пару артиллерийских заводов, перевезенных в Швецию, с полным штатом конструкторов и других ценных кадров. «Krupp» становится главным исполнителем военных заказов гитлеровской Германии, резво изготовляя танки, самоходные артиллерийские установки, пехотные грузовики, разведывательные автомобили.Хотя по решению Ялтинской и Постдамской конференции концерн подлежал полному уничтожению, он как птица-феникс вновь возродился — уже в 1951 году Круппа выпустили на свободу и вернули ему все состояние. Альфрид Крупп принял руководство компанией и добился отмены постановления о ликвидации концерна. Через два десятка лет штат фирмы достиг 100 тысяч сторудников!В 1999 году «Krupp» объединился со вторым немецким гигантом «Thyssen AG» и сейчас их детище «ThyssenKrupp AG» — ведущий производитель стали в мире. И кто теперь вспоминает о запачканных сотрудничеством с гитлеровцами страницах истории концерна?IkeaСреди богатейших предпринимателей мира есть люди, посвятившие юность и молодость членству в националистических партиях. В 1994 году из писем шведского фашистского активиста Пера Эндала стало известно, что легендарный основатель Ikea Ингвар Кампрад был членом про-нацистской организации с 1942 по 1945 год. Он собирал пожертвования для партии и даже после выхода из нее продал общение с бывшими коллегами. Ингвар Кампрад позже подтвердил достоверность этой информации и сообщил, что горько сожалеет об этом эпизоде своей биографии. В письме к сотрудникам Ikea он извинился перед евреями.MetroОснователь Metro Group (сеть магазинов Metro cash & carry) Отто Байсхайм служил в элитном подразделении войск СС, «Лейбштандарт Адольф Гитлер», которое находилось под личным покровительством Адольфа Гитлера. Члены Лейбштандарта служили личными охранниками высших чинов Третьего Рейха. Байсхайма считают одним из самых закрытых бизнесменов.«Насколько я знаю, некоторые корпорации выплачивают компенсации жертвам фашизма. Нюрнбергский процесс состоялся, преступники осуждены. Не знаю, нужен ли «трибунал» для корпораций, которые пособничали фашизму, но такие факты, безусловно, должны придаваться огласке», – считает Ольга Абраменко, директор Санкт-петербургской благотворительной историко-просветительской правозащитной общественной организации «Мемориал». По ее словам, потребители имеют полное право игнорировать продукцию таких компаний.За пособничество фашизму осужден бизнесмен Хуго Фердинанд Босс, основатель известной дизайнерской марки, накануне войны владевший небольшой мастерской по пошиву спецодежды. Предприятие находилось на грани краха, и тогда предприимчивый Хуго вступил в НСДАП, чтобы иметь возможность получать военные заказы. К 1939 году компания стала основным поставщиком военной формы для Вермахта. Не чурался Босс и использовать подневольный труд военнопленных. Хуго Босс был признан пособником нацизма, приговорен к штрафу в 80 тысяч дойчмарок и до конца жизни лишен избирательного права.Adidas и PumaБратья Адольф и Рудольф Дасслеры, основатели марок Adidas и Puma, были убежденными сторонниками нацизма, членами НСДАП, Рудольф даже уходил на фронт.Упреки в прошлом периодически настигают основателя L’Oreal Южена Шуллера. СМИ уверяли, что он помогал организации нацистского толка La Cagoule.Chase BankЕсли подумать, сговор Chase Bank (теперь J.P. Morgan Chase) с нацистами не настолько уж и удивителен. Один из основных держателей его акций, Дж. Д. Рокфеллер, напрямую финансировал довоенные евгенические эксперименты нацистов. Между 1936 и 1941 годами, Chase и другие банки США помогли немцам получить свыше 20 миллионов в долларовом выражении, заработав при этом более 1,2 миллиона долларов комиссионных – из которых Chase положил в карман круглые полмиллиона. По тем временам это были немалые деньги. Тот факт, что немецкие марки, направленные на финансирование операции, имели своим источником евреев, бежавших из нацистской Германии, по-видимому, не смущал Chase – по сути, банк поправил свои дела после Хрустальной ночи (ночь в 1938 году, во время которой евреи по всей нацистской Германии и Австрии подверглись целенаправленным погромам). Chase также заморозил счета французских евреев в оккупированной Франции до того, как нацисты вообще задумались его об этом попросить.Стоит добавить что в деле с нацистами были задействованы на самом деле более широкий круг банков . Но те кто засветился (Chase) были лишь «выхлопной трубой».FordГенри Форд получает одну из высших наград нацисткой Германии — Железного Орла — из рук высокопоставленных чиновников, 1938 год.Генри Форд был сам по себе скандально известным антисемитом, издававшим подборку статей под чарующим названием «Международное еврейство. Исходная мировая проблема». Форд даже спонсировал свою собственную газету, которую он использовал как элемент пропаганды, обвиняя евреев в Первой мировой войне, а в 1938 году получил Орден заслуг германского орла, высший знак отличия нацистской Германии, которым награждались иностранные граждане.Немецкое управление Ford выпустило треть военных грузовиков для нужд немецкой армии во время войны, с широким привлечением труда заключённых. Что шокирует даже ещё больше – возможно, подневольная рабочая сила использовалась на производстве Ford ещё в 1940 году, – когда американское подразделение компании ещё сохраняло над ним полный контроль.Random HouseВы могли и не слышать о Bertelsmann A.G., но вы услышите о книгах, издаваемых многими её дочерними компаниями, включая Random House, Bantam Books и Doubleday. Во время нахождения у власти нацистов Bertelsmann публиковала нацистскую пропагандистскую литературу, как например, «Стерилизация и эфтаназия – вклад в прикладную христианскую этику». Она даже обнародовала работы Вилли Веспера, который выступал с восторженной речью при сожжении книг в 1933 году. В 1997 году Random House оказалась в центре очередной дискуссии о нацизме, когда прибавила «личность, фанатично преданная определённой деятельности, практике и т.п. или стремлению ими овладеть» к определению «наци» в словаре Вебстера, что побудило Антидиффамационную лигу сделать заявление, согласно которому издательство «преуменьшает и отрицает кровожадный умысел и действия нацистского режима».KodakКогда думаешь о Kodak, перед глазами сразу встают идиллические семейные фотографии и пойманные на плёнку воспоминания, но что вы должны иметь в виду на самом деле – это принудительный труд, который применялся в немецком филиале фирмы во время Второй мировой войны.Дочерние компании Kodak в нейтральных европейских странах вели оживлённый бизнес с нацистами, предоставляя им как рынок для их товаров, так и ценную иностранную валюту. Португальское подразделение даже перечисляло свою прибыль подразделению в Гааге, которая находилась в то время под нацистской оккупацией. Более того, эта компания занималась не одним только изготовлением фотокамер – она освоила производство взрывателей, детонаторов и другой продукции военного назначения для немцев.Coca-ColaФанта – ароматный напиток со вкусом апельсина, который изначально замышлялся для нацистов. Совершенно правильно, импорт ингредиентов для колы, дающей бренду своё имя, был затруднён, поэтому управляющий подразделением Coca-Cola в Германии Макс Кайт выдумал новый напиток, который можно было производить из доступных компонентов.В 1941 году Фанта дебютировала на немецком рынке. Мак Кайт сам нацистом не был, но его усилия по поддержанию бесперебойной работы подразделения Coca-Cola на протяжении всей войны означали, что компания разжилась изрядными прибылями и с окончанием войны могла вернуться к распространению кока-колы среди дислоцировавшихся в Европе американских солдат.AllianzРуководители новой экономики. Слева направо Дарре, Вальтер Функ (глава Комиссии экономической политики), Курт Шмитт (министр экономики) и Готфрид Федер (статс-секретарь Министерства экономики)Allianz считается двенадцатой по величине компанией в мире, занимающейся оказанием финансовых услуг. Неудивительно, что, будучи основанной в 1890 году в Германии, она была в ней крупнейшим страховщиком, когда к власти пришли нацисты. Как таковая, она быстро оказалась повязанной делами с нацистским режимом. Её руководитель Курт Шмит был также министром экономики у Гитлера, а компания осуществляла страхование объектов и персонала Аушвица. Её генеральный директор отвечает за практику выплаты страховой компенсации уничтоженной в результате Хрустальной ночи еврейской собственности нацистскому государству вместо правомочных выгодоприобретателей. К тому же компания тесно сотрудничала с нацистским государством при отслеживании полисов страхования жизни немецких евреев, отправленных в лагеря смерти, а во время войны страховала в пользу нацистов имущество, отобранное у того же самого еврейского населения.NovartisХотя Bayer и является печально известной благодаря тому, что начинала свой путь в качестве подразделения производителя газа Циклон Б, использовавшегося нацистами в газовых камерах, она не единственная фармацевтическая компания со скелетами в шкафу. Швейцарские химические компании Ciba и Sandoz в результате слияния образовали Novartis, прославившуюся прежде всего своим лекарством риталин (скандально известный психостимулятор, широко используемый в США для лечения детской гиперактивности; прим. mixednews).В 1933 году берлинское отделение Ciba прекратило полномочия всех членов своего совета директоров еврейской национальности и заменило их более «приемлемыми» арийскими кадрами; тем временем Sandoz была занята аналогичной деятельностью в отношении своего председателя. Во время войны компании производили для нацистов красители, лекарственные средства и химические вещества. Novartis откровенно призналась в своей вине и пыталась её загладить характерным для других фирм-подельников способом – пожертвовав 15 миллионов долларов швейцарскому фонду компенсаций жертвам нацизма.NestleВ 2000 году Nestle в связи с использованием ею в своё время рабского труда выплатила в соответствующий фонд более 14,5 миллионов долларов для урегулирования требований пострадавших от её действий и переживших Холокост лиц, а также еврейских организаций. Фирма сделала признание, что в 1947 году она приобрела компанию, которая в годы войны пользовалась принудительной рабочей силой, а также констатировала: «нет сомнений, либо можно предположить, что некоторые корпорации из группы Nestle, действовавшие в странах, контролировавшихся национал-социалистическим (нацистским) режимом, эксплуатировали подневольных чернорабочих». Nestle в 1939 году в Швейцарии оказывала денежную помощь нацисткой партии, выиграв в результате прибыльный контракт на поставки шоколада для потребностей всей немецкой армии во время Второй мировой войны.BMWBMW созналась в использовании во время войны 30 тысяч подневольных неквалифицированных работников. Эти военнопленные, подневольные рабочие и заключённые концентрационных лагерей производили двигатели для люфтваффе и таким образом были принуждены помогать режиму в защите себя от тех, кто пытался их же спасти. В военное время BMW сконцентрировалась исключительно на производстве самолётов и мотоциклов, не претендуя на что-либо иное, кроме как быть поставщиком военных машин для нацистов.MaggiКомпания Maggi создана в 1872 году в Швейцарии Юлиусом Магги. Предприниматель был первым, кто появился на рынке с готовыми супами. В 1897 году Юлиус Магги основал компанию Maggi GmbH в немецком городе Зинген, где она по-прежнему базируется сегодня. Приход к власти нацистов почти никак не сказался на бизнесе. В 1930-х годах компания стала поставщиком полуфабрикатов для немецких войск.Учитывая, что никто из менеджмента организации не был замечен в особо активной политической жизни, бренд сохранил себя и продолжает радовать. На этот раз также и жителей экс-СССР.NiveaИстория торговой марки Nivea берет свое начало в 1890 г., когда один бизнесмен, которого звали Оскар Тропловитц, выкупил компанию «Beiersdorf» у её основателя.В 1930-е годы бренд позиционировал себя как товар для активной жизни и спорта. Основными товарами были защитные крема и бритвенные средства. Во время Второй мировой войны за рекламную часть бренда отвечала Элли Хейс Кнапп, которая стала первой леди при Теодоре Хейсе. По ее словам, в своих рекламных кампаниях она старалась обойти стороной милитаристскую составляющую, делая упор на отображении активной жизни в мирных обстоятельствах. Впрочем, спортивные улыбающиеся девушки с плакатов Nivea могли вдохновлять бойцов Вермахта не меньше, а то и лучше, чем усатое лицо Гитлера с плакатов NSDAP.Примечательно, что во время войны несколько стран, воюющих с Германией, присваивали себе права на торговую марку. Процесс скупки компанией «Beiersdorf» прав завершился только в 1997 году.General ElectricВ 1946 году правительство США наложило на General Electric штраф в связи с её недостойным поведением в военное время. Совместно с Krupp, немецкой промышленной компанией, General Electric умышленно завысила цены на карбид вольфрама, который является жизненно важным материалом для механической обработки металлов, необходимой для нужд фронта. Однако, будучи оштрафованной в общей сложности на каких-то 36 тысяч долларов, General Electric только сама сделала на этом мошенничестве приблизительно полтора миллиона долларов, препятствуя тем самым мобилизации и повышая цену победы над нацизмом. GE, к тому же, до того, как разразилась война, купила долю в Siemens, чем сделала себя соучастницей в использовании рабского труда для строительства тех самых газовых камер, где нашли свой конец многие заболевшие рабочие.BayerПроизводитель смертельных газов - БаерНадо ли говорить, что помимо крупных мировых фирм, большинство известных немецких компаний (Siemens, Volkswagen, и др.) активно сотрудничали с нацистами, получая выгодные контракты и бесплатную рабочую силу, состоящую из узников концлагерей, гетто, военнопленных и подневольно вывезенных с оккупированных фашистами территорий. Несчастные люди, содержавшиеся хуже скота тяжело, часто до смерти работали на заводах бессовестных компаний, стремящимися обогатиться любой ценой.http://moiarussia.ru/tesnyj-kontakt-kakie-izvestnye-mirovye-brendy-sotrudnichali-s-fashistami/

20 февраля 2016, 22:30

Google "спасла" от налогов более 10 млрд евро

Американскому IT-гиганту Google удалось увести от налогов почти 11 млрд евро выручки в 2014 г. Для этого компания воспользовалась схемой, которую прозвали "двойной ирландский голландский сэндвич".

27 сентября 2013, 08:00

atominfo.ru: Мирный атом саудитов

Саудовская Аравия на полном серьёзе присматривается к мирной атомной энергетике. На внутреннем рынке королевства нефтепродукты должны уступить половину доли альтернативным источникам электроэнергии. Солнце и атом В Саудовской Аравии создано агентство K.A.CARE - агентство по атомной и возобновляемой энергии имени короля Абдуллы. В апреле 2013 года агентство организовало большую конференцию, на которой обсуждались планы отхода от нефтезависимости. Королевство уверено в том, что наилучший энергобаланс должен быть хорошо сбалансирован и диверсифицирован. В понимании саудитов, это означает - половину генерации нужно обеспечивать за счёт углеводородов, а другую половину за счёт чего-то другого. В планах на 2032 год записано, что общий парк электростанций в Саудовской Аравии составит 123 ГВт. Из них, на долю углеводородов придётся 60 ГВт. Вклад возобновляемой энергетики в 2032 году составит 45 ГВт. Большая часть его отводится солнечной энергетике (41 ГВт), что в общем-то и неудивительно. Геотермальные источники дадут 1 ГВт, станции по переработке отходов - 3 ГВт. Добавим, что вне конкурса (не входят в названные 123 ГВт) идёт 9 ГВт ветряной энергетики. Энергию ветра саудиты в 2032 году планируют использовать исключительно для опреснения морской воды. Оставшиеся 18 ГВт в 2032 году в Саудовской Аравии должны обеспечить атомные станции. Стоит признать, что саудовская атомная программа в таком случае выглядит достаточно амбициозно. График роста мощностей в Саудовской Аравии. Серые столбики - возобновляемая энергетика (с учётом 9 ГВт ветряной). Голубые столбики - атомная энергетика.   Локализация Стоимость программы энергетического развития Саудовской Аравии официально не называется. Но только на атомную часть может потребоваться более 100 миллиардов долларов. Неудивительно, что королевство ищет пути сокращения расходов. И одним из действенных способов саудиты видят максимально возможную локализацию при строительстве атомных и солнечных станций. Для АЭС поставлена задача обеспечить уровень локализации 60%. Это очень много, особенно если вспомнить, что Чешская Республика с её многолетним опытом атомного машиностроения рассчитывает на 70-75% локализации в проекте MIR.1200. Для солнечной энергетики цель по локализации ещё более грандиозная - 80%. K.A.CARE и его советники определили 12 областей локализации для атомных станций и 15 для возобновляемых. В атомной части отмечаются такие области для локализации, как добыча урана, фабрикация топлива, строительные работы, инжиниринг, трубопроводы, насосы, арматура, неядерное оборудование, эксплуатация и обслуживание, обращение с РАО, обращение с ОЯТ и проектирование. Методика, по которой будет проводиться локализация, достаточно стандартна. На первой стадии определяется база местных поставщиков, далее из их числа выбираются предпочитаемые поставщики. Потом следует выбор зарубежных поставщиков, создание СП с отобранными местными поставщиками и на финальном этапе передача технологий. Государство планирует принять активное участие в процессе локализации, однако не по всём направлениям одинаково. Будут использоваться три различных подхода - преимущественное участие государства, равное участие государства и частного сектора, преимущественное участие частного сектора. По АЭС государство планирует играть основную роль при добыче урана, эксплуатации станции, обращении с РАО и ОЯТ. В основном на частников планируется передать локализацию производства неядерных компонентов, трубопроводов, насосов и арматуры. По остальным направлениям государство и частный сектор будут действовать в равной мере. Для сравнения, локализация в возобновляемой энергетике будет производиться в основном силами частных фирм. Государство возьмёт себе только тестирование демонстрационных проектов. Несмотря на большое различие во вводимых мощностях - 45+9 ГВт у возобновляемой энергетики и 18 ГВт у атомной - рабочие места они будут создавать примерно в одинаковых количествах. Предполагается, что программа по строительству возобновляемых станций создаст 85 тысяч рабочих мест, а атомная программа - 70 тысяч. Сроки и выборы Саудовская Аравия уже имеет план-график строительства первой АЭС, но пока что оговаривается - он носит условный характер. Тем не менее, есть смысл упомянуть основные его вехи. До конца года Саудовская Аравия намерена сократить список потенциальных поставщиков. Первый контракт должен быть подписан в 2014 году. Заливка первого бетона намечена на 2016 год. Подключение первого блока к сети состоится в 2022 году. Для управления атомной программой королевства в ближайшем будущем создадут новую компанию. Её предварительное наименование - "Nuclear Holding Company". Кто может стать поставщиком реакторных технологий в Саудовскую Аравию? Королевство хранит молчание о своих предпочтениях. Но интересно отметить, что на апрельской конференции K.A.CARE присутствовали представители корпорации "General Electric". У американцев давно есть свои интересы в энергетическом бизнесе Саудовской Аравии. О том, насколько глубоко они проникли на этот рынок, свидетельствует хотя бы тот факт, что "General Electric" создаёт в королевстве свою техническую академию, способную выпускать в год до 1000 специалистов. Реальны ли атомные планы Саудовской Аравии? Если с деньгами у саудитов всё в порядке, то в плане подготовки к старту программы имеются вопросы. Советники из компании "NERA" перечислили на апрельской конференции ряд вызовов, стоящих перед K.A.CARE. Так, до сих пор не стартовал процесс закупок и контрактации оборудования. Краткий список поставщиков реакторных технологий не составлен. Потенциальные поставщики нуждаются в дополнительном времени для формирования цепочек из местных поставщиков. Для этого им понадобится установить рабочие отношения с саудовскими производителями и оценить качество их продукции. В ряде случаев, местным поставщикам понадобятся инвестиции для доведения своих возможностей до требований атомной отрасли. Это означает потерю времени и денег, и этот процесс должен стартовать как можно быстрее. http://atominfo.ru/newsf/m0079.htm  Саудовская Аравия BP Statistical Review of World Energy, June 2013, Primary Energy - Cons by fuel: Oil - 129.7 mtoe, Natural Gas - 92.5 mtoe, других источников энергии нет.

28 января 2013, 10:20

Exxon Mobil вновь самая дорогая компания в мире

Нефтяной гигант Exxon Mobil обошел Apple по капитализации. Компьютерная компания удерживала пальму первенства ровно год, с 25 января 2012 г. Сейчас стоимость Exxon составляет $417 млрд, а Apple - $413 млрд. Третье место - за Google, капитализация которой немногим меньше $250 млрд, за ней идут Berkshire Hathaway, Wal-Mart, Microsoft, General Electric и IBM, стоимость которых не дотягивает до $230 млрд.Стоимость акций Apple снизилась на 37% с пиковых значений, достигнутых 19 сентября 2012 г. Последний квартальный отчет, который говорит о снижении темпов роста продаж, разочаровал инвесторов, которые принялись избавляться от бумаг компании, что привело к падению котировок на 12% за одну торговую сессию. Напомним, что чистый квартальный доход Apple увеличился на 1% до $13,1 млрд. В пересчете на акцию это $13,81, что чуть лучше прогнозов. Продажи составили $54,5 млрд (+18%). Компания также сообщила, что спрос на iPhone достиг рекордных 47,8 млн, что на 29% лучше, чем результат того же квартала прошлого года.Акции Exxon в свою очередь вели себя более спокойно, их цена на последний год менялась несильно, оставаясь в диапазоне $75-$90.