The following items are posted for educational and information purposes only and may not represent
 the views of Global Action.
 
Breaking News Plus
30th May 2010
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QUOTATION OF THE DAY

"Sometimes the first duty of intelligent men is the restatement of the obvious."
- George Orwell


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China Triples Size Of African Equity Fund To $3 Billion
Aggressive backdoor neocolonialism?  Australia in the cross-hairs too!


China's Africa development fund is set to triple in size to $3 billion, according to China Daily.

The China-Africa Development Fund (CAD) targets investment projects on the African continent, including both industrial and infrastructure enterprises.

Specifically, the fund has been involved in the creation of a glass factory in Ethiopia and a power plant in Ghana. The fund has also been involved in the creation of "trade zones" in Egypt and Nigeria.

Eventually, CAD is to top out at a total of $5 billion.  Full Story Link

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German physicists develop a quantum interface between light and atoms

German hysicists at the Johannes Gutenberg University Mainz have developed a quantum interface which connects light particles and atoms.

The interface is based on an ultra-thin glass fiber and is suitable for the transmission of quantum information. This is an essential prerequisite for quantum communication which shall be used for secure data transmission via quantum cryptography. "Our quantum interface might also prove useful for the realization of a quantum computer," adds Professor Dr Arno Rauschenbeutel from the Institute of Physics at Mainz University.

Today, telephone and internet primarily rely on the optical transmission of data using glass fiber cables. In that sense, glass fiber networks can be considered as the backbone of the modern communication society. The light that travels through them is not a continuous flow of energy. It rather consists, as was discovered by Albert Einstein, of indivisible energy quanta, or photons. Each photon can then transmit one bit of information, corresponding to a zero or one.

In addition to being very efficient, this also opens the route towards entirely new ways of communication because, being quantum objects, photons can exist simultaneously in both states, zero and one. As an example, this property is what makes quantum cryptography possible and thereby enables absolute protection against eavesdropping.

In order to fully exploit the potential of quantum communication, however, one additionally needs the possibility to store the quantum information that is encoded on each photon. Photons themselves are not well suited for this purpose because one cannot hold them at a given position. Therefore, it would be much more advantageous to transfer the quantum information to atoms. For this purpose one thus requires a quantum interface between photons and atoms which should ideally be easily integrated into glass fiber networks.
Full Story


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Greece, Argentina, Zimbabwe... I Mean We Are Nowhere Near Japan
 




The Economic Situation in the US


Greece, Argentina, Zimbabwe... I mean we are nowhere near Japan. When Japan started to make its mistakes, it did it from a position of strength. The japanese had significant domestic savings, they had huge trade surpluses and current account surpluses. We are on the opposite situation. We have exhausted our domestic savings, we have a huge trade deficit. We can only borrow money if the japanese, the chinese and the saudis lend it to us.

Full Story





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IMPORTANT STUFF

Blonde Logic

Last year I replaced all the windows in my house with those expensive double-pane energy efficient kind. But this week I got a call from the contractor complaining that his work had been completed a whole year ago and I hadn't paid for them.


Boy oh boy, did we go a round!

Just because I'm blonde doesn't mean that I am automatically stupid. So, I proceeded to tell him just what his fast talking sales guy had told me...that in one year the windows would pay for themselves. There was silence on the other end, so I just hung up, and I haven't heard back from him.

Guess I won that stupid argument!
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"Rule number one. There are no rules. The future is ours to fashion!" Lyn Vickery.
"Five thousand years of lawmaking have failed to achieve what simple human RESPECT,  TRUST and GOODWILL do
each day to make society function.  If there was right attitude, respect, trust and good faith
there would be no work for lawyers." Lyn Vickery

Thank you for your interest. 

email address: issues@globalactint.com


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