UN millennium goals ; End poverty and hunger


Target 1.A:
Halve, between 1990 and 2015, the proportion of people whose income is less than $1 a day

  • The global economic crisis has slowed progress, but the world is still on track to meet the poverty reduction target
  • Prior to the crisis, the depth of poverty had diminished in almost every region

Target 1.B:
Achieve full and productive employment and decent work for all, including women and young people

  • Deterioration of the labour market, triggered by the economic crisis, has resulted in a decline in employment
  • As jobs were lost, more workers have been forced into vulnerable employment
  • Since the economic crisis, more workers find themselves and their families living in extreme poverty

Target 1.C:
Halve, between 1990 and 2015, the proportion of people who suffer from hunger

  • Hunger may have spiked in 2009, one of the many dire consequences of the global
    food and financial crises
  • Progress to end hunger has been stymied in most regions
  • Despite some progress, one in four children in the developing world are still underweight
  • Children in rural areas are nearly twice as likely to be underweight as those in urban areas
  • In some regions, the prevalence of underweight children is dramatically higher among the poor
  • Over 42 million people have been uprooted by conflict or persecution

A Christmas message

“No man is an island” and with the ongoing financial crisis that is spreading thru US and EU, every inhabitant on earth needs to gather round to give the UN more say in governments, more contributions to the UN and IMF, so that the UN will have the power to resolve problems, governments need to co-operate with each other, so that with the backing of all will global problems be resolved, let’s make 2015 a millennium goal to eradicate hunger and poverty from this earth. A Merry Christmas to all.
– Contributed by Oogle. 




The Coming "One Global World" interconnected with the UN and IMF

By Simon Johnson Dec 19, 2011 8:05 AM GMT+0800

Financial rescue plans for Europe are becoming ever more fanciful. Increasingly, policy analysts in Europe and the U.S. turn to the International Monetary Fund to provide what is termed “the bazooka” — meaning a lot of money underpinning a scaled-up bailout for Italy, other troubled countries and, of course, Europe’s failing banks.
This proposal is somewhere between meaningless and dangerous, depending on its precise form. The good news is that it will not happen. The bad news is that no one is prepared for the real consequences of the bazooka proving to be illusory.
The bazooka is a reference to former U.S. Treasury Secretary Henry Paulson, who famously remarked in 2008 congressional testimony: “If you’ve got a bazooka, and people know you’ve got it, you may not have to take it out.” Paulson was arguing that, if he had the authority to seize Fannie Mae and Freddie Mac, he wouldn’t necessarily need to use it. He was quickly proved wrong.
Today’s proposed bazookas are about providing enough financial firepower so that troubled European governments do not necessarily have to fund themselves in panicked private markets. The reasoning is that if an official backstop is at hand, investors’ fears would abate and governments would be able to sell bonds at reasonable interest rates again.
This idea is just as dubious as Paulson’s original notion. Markets are so thoroughly rattled that if a financial backstop is put in place, it would need to be used — probably to the tune of trillions of euros of European debt purchases from sovereigns and banks in coming months. Whether or not it is used, a plausible bazooka would need to be huge.

Meaningless Suggestion

Involving the IMF in such a proposal is meaningless if the idea is to use the IMF’s own money. According to the fund, its ability to lend will be boosted to $750 billion. For now, the latest available data on how much the fund thinks it can actually lend is just under 300 billion euros.
Even if the IMF went all in for troubled Europe — an idea with little support in emerging markets — it wouldn’t make much difference. Italy’s outstanding public debt of 1.9 trillion euros is bigger than that of Greece, Ireland, Portugal and Spain combined. The country faces about 200 billion euros in bond maturities in 2012 and an additional 108 billion euros of bills, according to Bloomberg News. The euro area’s 2012 sovereign funding needs are estimated at more than $1 trillion next year alone, and any credible financing plan needs to fully cover 2012 and 2013 at a minimum. It remains unclear who is willing to fund European banks in this stress scenario.
The idea that the IMF could tap emerging markets for additional capital to lend to Europe is met with polite public demurrals. Behind closed doors, it’s not so polite.
The more innovative ideas involving the IMF include some financing provided by the European Central Bank or national central banks within the euro area to the IMF, with the fund then lending this back to Europe.
This would constitute a misguided or even dangerous form of financial innovation. If the precise arrangement involves the IMF taking credit risk, its membership should be worried about losing their capital. The U.S., as the largest single shareholder, would have the most to lose.
Some officials argue that they could involve the U.S. in this maneuver without consulting Congress. That’s a controversial point on which experts disagree. But in any case, who really wants to do that in a presidential election year? The Congressional Budget Office already scores part of the U.S. contribution to the IMF as risky. Any further steps in this direction would raise flags across the political spectrum.

Back-Channel Support

Alternatively, the IMF could provide a back-channel way for the ECB to evade its own rules against lending directly to sovereign governments. But if the IMF takes no credit risk, what is the point? European leaders should face the music and be explicit about any bailouts. Hiding behind the IMF veil will only confuse matters more.
Eighty years ago, most prominent officials and private financiers were confident that the gold standard should and would remain in place. Starting in 1931, the gold standard failed as a global financing system, with unpleasant consequences for many.
As 2011 draws to a close, the age of the global bailout also seems to be fading. Perhaps the Europeans will find a way to scale up their own rescues using their own money. Perhaps they will manage to protect creditors fully, and convince investors to lend to Italy again. More realistically, the bazooka standard is about to collapse.
(Simon Johnson, who served as chief economist at the International Monetary Fund in 2007 and 2008, and is now a professor at the MIT Sloan School of Management and a senior fellow at the Peterson Institute for International Economics, is a Bloomberg View columnist. The opinions expressed are his own.)
To contact the writer of this article: Simon Johnson at sjohnson@mit.edu.
To contact the editor responsible for this article: Paula Dwyer at pdwyer11@bloomberg.net.

The Wealth Watch: 10 Must-Read Links

Posted by: Dan Beucke on December 18, 2011 at 12:00 PM

The next killer App for matchmaking

Weixin 101

From the start, Weixin was likely a clone of Talkbox, an instant voice messaging startup from Hong Kong. After Talkbox’s runaway success it became the target of many others including MiTalk (米聊 by Xiaomi), Kiki Messenger, Youni, and of course Tencent’s Weixin.
But Weixin has one key advantage the others can only dream of: 700 million registered users. Just about every single Chinese internet user has a QQ account, for many QQ is the internet. For Weixin, a QQ account is the only log-in option, which also immediately allows the app to pull from a user’s existing QQ social graph.
Functionality-wise Weixin is fairly standard comparing to its competitors. All have text messaging, photo sharing, voice messaging, location-sharing, and group messaging.

Strange Encounters

But Weixin once again further leverages Tencent’s massive user base by offering an edgy geo-location service. You can see and message any users within a 1000m radius of your GPS position, whether they are a friend or not.
Now you can strike up a conversation with a random stranger near you, and we can all imagine the other applications this neat little feature can lead to. One friend told me it was an excellent way to find 美女, ‘beautiful girls’ in his vicinity.
And to give you an idea of how far Tencent’s userbase extends, let me offer an example:
For me, my location search normally reveals 30+ strangers near my home, a residential area. In CBD Shanghai, that number will be considerably higher nearing 50. That’s 50 users every 1000m already using Weixin–and imagine how many more QQ users aren’t yet on Weixin.
For a friend in Singapore, his search came up with 7 strangers, so clearly with Weixin you can find people for an interesting chat just about anywhere in Asia Pacific area and maybe also in Japan.
Of course you can erase yourself from this search if peace and quiet is your style. But the default is opt-in.
Weixin is available on Android, iPhone and Symbian, to experience it you can download the app here.

Noetic theory

“If Mankind were to remove nuclear weapons from their arsenal and destroy them completely, it would be infact removing WW3 from the equation, changing the future altogether. We have today the Tree of Knowledge to change our future destiny for mankind, if we act together.”
– Contributed by Oogle.



In traditional philosophy, noëtics (from the Greek noētikos “mental” from noein “to perceive with the mind” and nous “mind, understanding, intellect”) is a branch of metaphysical philosophy concerned with the study of mind and intellect. Noetic doctrines include the doctrine of the agent/patient intellect (Aristotle, Averroes)[1] and the doctrine of the Divine Intellect (Plotinus).[2]
More recently the term “noetics” has been employed by several authors who write about consciousness, spirituality and cosmology.
Richard L. Amoroso, director of the Noetic Advanced Studies Institute, proposed a theory of noetics called Noetic Field Theory which centers on the idea that there exists an additional causal principle of purposefulness not found in ordinary matter but in fundamental cosmological principles of consciousness. He has suggested that thought and spirit are not, in fact, intangible, but are “Bose or photon-like” based aspects of the Unified Field,[3][4] meaning essentially that the mind can be quantified by formulae which describe quantum materials such as light. Amoroso claims that his noetic model is the first theory of any kind to explain qualia in physical terms.[5][6] In 2010, NASI partnered with Steriwave Quantum Computers, a limited liability British company, to develop a quantum computer prototype[7] based on “conscious quantum computing.”[8]
The Institute of Noetic Sciences proposes noetic sciences as an alternative theory of “how beliefs, thoughts, and intentions affect the physical world.”[9]

The basic meaning of “nous” or “intellect” is “understanding”, but several sources or types of “understandings” are often distinguished from each other:

  • Sense perception is a source of feelings, impressions, or raw data about things, but it needs to be interpreted in order for there to be converted into real understanding.
  • Reason is a source of new understandings but it is built by putting together and distinguishing other things already understood.

Philosophical discussion of nous has therefore centred around the origin of the most basic understandings which allow people to make sense of what they see, hear, taste or feel, and which also allow them to start reasoning. These basic understandings are often felt to at least include such things as understandings of geometrical and logical basics, and also an ability to generalize properly into correct categories or universals, setting definitions. This mental step between perception and reasoning has sometimes been discussed as an aspect of perception or an aspect of reasoning, as will be seen below.
The question then also arose of whether there can really be any source of such basic understanding other than the accumulation of perceptions. Somehow the human mind sets definitions in a consistent way, because people perceive the same things and can discuss them. So the argument goes, as will be shown below, that people must be born with some innate potential to understand the same things the same ways. And in addition to this it has also been argued that this possibility must require help of a spiritual and divine type. The question of where understanding comes from, is therefore related to the question of what knowledge is, and how things can and should be defined or classified.
Another important philosophical discussion concerning nous stemming from these, involves not only human thinking, but the nature of the cosmos itself. As mentioned above, some philosophers proposed that the human mind must have an ability to understand which is divine, and independent of normal sense experience and physics. This ordering of the individual human mind, it is then argued, must be somehow derived from a cosmic mind which orders nature just like the human mind orders its understanding of nature. This was claimed from an early time, by Greek philosophers such as Anaxagoras. By this type of account, it came to be argued that the human understanding (nous) somehow stems from this cosmic nous, which is however not just a recipient of order, but a creator of it. Such explanations were influential in the development of medieval accounts of God, the immortality of the soul, and even the motions of the stars, in Europe, North Africa and the Middle East, amongst both eclectic philosophers and authors representing all the major faiths of their times.

A Change of Mindset

“In business, competition is good for the economy but not Destructive competition. It is all about building relationships, giving favours and benefits and not by undercutting “Price”. The present mindset of buying more for a cheaper Price can be compensated by other means to ensure sustainability, cause there is a limit on how low a Price you can get, but when profit=zero, there is no incentive to trade anymore. More and more people should realise this. The motivating factor for the provision of any goods or services is profits, and if it is not realised, it is better to pack up your bags and move into another industry, therefore, the Knowledge of Global markets is crucial in the development of markets.”

– Contributed by Oogle.



How the study of News, Technologies, and the Economy can help plot the future path of success for Mankind

Welcome to the Age of Knowledge, where the Internet will give you instant access to News, Technologies and the Economy where it is possible to identify the potential of any goods and services, or any new technologies, to give a glimse into the future, by analysing all the complexities of paths and decisions, to find out the possible market share, and plot the future path of success amid the use of scarce resources, to decide what will succeed or fail, the correct Pricing so as to determine Demand and Supply, and the use of efficient manufacturing and suppliers, to maximise ROI without Destructive Competition, welcome to the Knowledge of Global markets, where survival is not about competing until it becomes unprofitable, unproductive, or unsustainable, where it is possible to get a decent wages, by adequately compensating mankind for their labour. Industrialisation can still be achieved without High GDP growth, population growth is not a necessity, the key word is sustainability and the co-operation of all, to achieve a better life/environment for all. The use of IP should not be a stumbling block, cause you will never know if your invention will spark a new wave like the internet, a new technological advancement for mankind. Income gaps and inequality can be narrowed thru the access of knowledge. Learn from the past and present to plan for the future.

– Contributed by Oogle.