Monday, April 29, 2013

Innovation Nation

Whatever your business aspirations, there is a city that suits your needs, accelerate the growth of your company and improve the quality of your life. Which one for you? Employers have identified 50 cities and 10 Lifestyles of the energy businesses of all shapes and sizes.

Even in tough economic times, America is still the land of opportunity, especially for entrepreneurs with ambition, vision and flexibility to follow opportunities wherever it may lead. One becomes connected world, businesses or their owners are no longer tethered to a point on a map: any size are not a regional opportunity, looking for a change of scene or just want some lifestyle and culture is the perfect location for you.

The challenge is to determine where the most appropriate place. Traders chose 10 contemporary American life and 50 city governments to suit all types of businesses. If you're looking for a tropical breeze, the fresh mountain air, the streets crowded cities or wide, open space, not all of them are here.

Our method applies as far as the list itself, which includes statistics data, the study of living and empirical research. Some choices may seem no-brainers, others may surprise you, and still others may need to reconsider the U.S. segment in a new light. That is the core of American business: the only constant change.

    The Great Outdoors

Five cities where the peaks and valleys over the point on the graph

Boulder, Colorado

Boulder picture as a hippie haven appearance belies the city as a hotbed for innovation. Silicon Valley veteran and aspiring entrepreneurs alike fell in Boulder for a unique wedding capitalist ambition and spirit of the counterculture.

Homegrown success

Storage Technology: acquired by Sun Microsystems

Socialthing bought by AOL

Kerpoof bought by the Walt Disney Co.

Elevation: 5,344 feet

Population: 103,650

Population median age: 29 years

Mean home price: $ 585,323

VCs raised $ 57 million with 11 startup Colorado in the first three months of 2010

Related Interest

Logan, Utah

The city is reinventing itself as a tech hotspot with the Utah Innovation program and Cache Business Resource Center, which offers free assistance for entrepreneurs.

Bismarck, N.D.

Hunting and fishing destination is home to a pattern of strong and consistent wind power wind turbine industry developed.

Billings, Mont.

Famous for fishing, horseback riding trails, whitewater rafting - and opportunities to transport energy health, and education.

Jackson, Wyo..

Gateway trip to Grand Teton and Yellowstone National Park offers opportunities in the arts, entertainment, recreation and accommodation industry.

2. City Life

The higher the cost, the stakes are higher but higher visibility

Washington, DC

Greatness as a bag of political power tends to obscure the growing business culture of the city. Federal employees to generate 15 percent of the local workforce, and professional and business services employment to increase, supported by advances in education, finance, public policy, and scientific research sectors.

Embedded customer base: In a household income of $ 57,936 on average, DC has one of the most affluent and educated population in the country.

Office Space: downtown DC offers the additional opportunity of investing in commercial real estate from U.S. cities other than New York.

Capital, indeed: DC headquarters to expand the number of venture funds, including Core Capital Partners, Paladin Capital Group and The Carlyle Group.

Related Interest

New York

In May, the main objective of the urban business launched the Fund to boost a promising technology startups.


The City, a variety of attractive and affordable Windy culture is home to a growing number of Web 2.0 companies.


With a critical mass of universities, Boston remained on the cutting edge of American innovation, offering great city living in a classic college town.

Raleigh, N.C.

Raleigh has affordable housing and natural beauty that is extraordinary for a major city in the United States. Rivals Silicon Valley as a technology hub.

3. Recovery and rebirth

Improved city, where even the smallest business can make a big difference


The Suburbanization and economic turmoil to cut the population of the city is only 330,000 in 2000. Iron gave way to Robotics, artificial intelligence and health, but Pittsburgh preserve the remnants of its industrial past. Generation family owned business continues to grow in response to the transformation of Pittsburgh. Officials abandoned industrial site redevelopment to residential, retail and office space, characterized by the Waterfront and the Southside Works project.

0: The number of operational steel mill

New home: The future Starpointe Business Park, a 1100 acre brownfield redevelopment, reliable company enters a five-year tax abatement and low-interest loans.

Fan famous quote: "Pittsburgh stands as a bold example of how to create new jobs and industries while switched to a 21st century economy."

    President Barack Obama, the naming Pittsburgh as the host city for the 2009 G-20 Summit

Population: 310,037

Median age of population: 35.5 years

Mean home price: $ 135,564

Related Interest

Oklahoma City

In 2009, the city passed to the Metropolitan Area Projects Plan 3, the $ 777 million public works and redevelopment projects.

Oakland, California

Oakland is ranked third in the city, with businesses owned by women. Also environmentally friendly, produces about 20 percent of the use of energy from renewable sources.

New Orleans

The Crescent City post-Katrina continues to rebound, creating opportunities for entrepreneurs with tax incentives and workforce development initiatives.

Jackson, Miss.

Some cities make it easier or cheaper to start a business: anywherebetween Expect to pay $ 20 and $ 150 in licensing fees.

4. Living in Paradise

Why wait until retirement to visitors to day lives, surf and sand?


The Gateway to the Americas, Miami is home to a growing global business and financial communities. Primary because of its close proximity to Latin America, the home town of the office for more than 1,400 multi-national companies and the largest concentration of international banks in the U.S. here overstep entrepreneurs both local and state personal income tax, and officers also offers a number of incentives and financial programs for companies want to move.

Tourist target: 12 million visitors each year added $ 17.1 billion to the local economy.

75.9 º F: The average day-to-day average temperature

-Record snowfall example: One, on January 19, 1977

Population: 390,191

Median age of population: 37.7 years

Mean home price: $ 395,124

Related Interest

San Diego

Known for friendly weather in the country, the city also played host to the growing software and new media sectors.


The cost of living is high and the local time is six hours behind the East Coast, but the beauty of nature makes for a challenge.

Myrtle Beach, S.C.

Nearly 15 million visit every year on vacation, perfect for businesses that want to take advantage of the tourist trade.

Albuquerque, N.M.

Albuquerque gets over 300 days of sunshine per year and is located in the middle of New Mexico Technology corridor, a group of high-tech companies along the Rio Grande.

5. Creative Center

Five cities where creativity and capitalism make beautiful music

Austin, Texas

Funky Austin, what-going lifestyle in striking relief with traditional conservative Lone Star State. But Austin is one of the center's most progressive and active business in the country. Residents wore their "Keep Austin Weird" T-shirt with pride but, in reality, a combination of art and commerce city could not be better adjusted.

$ 3.5 million: The number of nonprofit Central Texas Angel Network invested in local startups in 2009 - 10 of them in Austin

Tech Savvy: Austin earned the nickname "Silicon Hills" for emerging technological culture.

Do not mess with taxes: Like other parts of Texas, Austin does not have a state personal income tax and no corporate income tax.

Population: 1,705,075

Median age of population: 29.6 years

Mean home price: $ 274,373

Or Think About ...

Brooklyn, N.Y.

300-acre Brooklyn Navy Yard houses 240 tenants, including furniture maker, architectural designer and distributor of electronic and jewelry.


Destination of choice for creative types. Tech startup led by generations of entrepreneurs who cut their teeth with companies such as Microsoft and Amazon.

Nashville, Tenn..

America's second largest music production center (after New York), Nashville recording industry accounts for about 19,000 local jobs.

Providence, R.I.

City effort to be artistic and technological innovation center operations including Opportunity, $ 10 million in small business lending programs.

6. Family-friendly

Five areas where companies and families can both grow well

San Jose

San Jose reputation as a mecca for technology remains bleak. The largest city in the Silicon Valley, is home to a bevy of tech giants, and local venture capital starts receiving riches. Although the cost of living to force San Jose, local households have the highest disposable income of any city in the U.S. with over 500,000 residents. That is, locations and different ages all attractions make San Jose destination for families flock to.

35 percent: Nationwide venture capital claimed by San Jose startup

$ 100,027: ​​The average annual income per family

Urban valuable

Population: 1,023,083

Median age of population: 32.6 years

Mean home price: $ 683,754

286: The number of high-tech workers per 1,000 people, the largest concentration of any metropolitan area in the country

Related Interest

Kansas City, Mo.

As one of the world's premier center Bioscience (accounting for nearly a third of the $ 19 billion animal health market worldwide), KC is a cow town for the new millennium.

Fayetteville, Arkansas

Wal-Mart credit for growth here. More than 1,300 vendor partners of the chain opened local offices, and small businesses increased by 6.7 percent per year.

Milton, Mass.

Local business linked to the rich history of the city, best exemplified by GH Bent Co.., A manufacturer of goods cooked in operation since 1801.

Anchorage, Alaska

With the growing energy industry and unparalleled natural beauty, Anchorage is also one of the most tax-friendly America destination: It does not charge sales tax.

7. Off the Grid

Five cities where entrepreneurs have the latitude to forge their own path


Ready seen Detroit verge of economic collapse - and on the cusp of post-industrial renaissance. For artists and iconoclasts who moved to the city in droves, buying foreclosed properties and rely on solar energy and other alternative solution pursue lives and careers outside surface of mainstream society. Officials seek to reinvent the city as blighted urban farm segment. Detroit is dead - long live Detroit.

Emerging technologies: biotechnology, nanotechnology, information technology, and hydrogen fuel cell cognotechnology development

160: The number of startup incubator TechTown nonprofit center Motown

Population: 912,062

Median age of population: 30.9 years

Mean home price: $ 103,647

Related Interest

Portland, Ore..

Although living in Portland match only difference, it is also the site of more than 1,200 technology companies.

Burlington, Vt..

The bag has to offer counterpoint tough economy based on manufacturing, education, health services, trade, transportation and utilities.

Boise, Idaho

A unique local courteous with a strong creative community, not necessarily supply center for the Rocky Mountain mining camps now the center of high-tech industries are growing.

Berkeley, California

Berkeley still thrives as a nexus of liberal activism and progressive beliefs - along with opportunities for education, scientific and technical.

25%: This part of the city's 139 square miles of agricultural proposed as a green zone

8. The green scene

Where capitalism meets environmental awareness

Eugene, Oregon

Eugene famous for keeping the natural living - Organic grown Co., The largest distributor northwest of fruits and vegetables, launched here in 1982 and paved the way for the startup mind. Sustainable Business Initiatives champion Eugene startup and the creation of environmentally friendly jobs, and the city is now a model for green technology in action.

85 percent: The amount of energy an attractive solution town of hydroelectricity and wind generated

150: Miles smog free transportation in the metropolitan area

Urban valuable

Population: 155,000

Median age of population: 33.0 years

Mean home price: $ 282,146

Business Track record: Blue Ribbon Sports, which was formed in 1964 by Phil Knight and his college track coach, Bill Bowerman. It later became Nike. Nike Green 2009: $ 19.2 billion

Related Interest

Abilene, Texas

Just east of the world's largest wind farm, green Abilene booming business, with a focus on manufacturing wind turbine blades.

Missoula, Mont.

Missoula offers an attractive tax breaks for local eco-development project, and Montana Community Development Corp. loaned $ 3 million year-on startup.

Ames, Iowa

Home to some of the USDA research facilities, the city is a magnet for green R & D initiatives, biotechnology and agriculture-related businesses to renewable energy.

Madison, Wisc.

The first city in the United States to offer residents curbside recycling also Wisconsin businessman Network ', which advises 3,000 companies in 2009.

9. College towns

Starting a business, and learn a thing or two

Lincoln, Neb..

At the University of Nebraska-Lincoln Nebraska Center for Entrepreneurship is encouraging students to consider careers owning and connecting new business with financial resources. The university plans to build Nebraska Innovation Campus 251-acre site adjacent to the campus, providing space for public-private partnerships and allow professionals to access the research faculty.

$ 20 million: Size of F. Paul and Virginia J. gifts Engler Foundation to the University of Nebraska-Lincoln in March to support agribusiness Entrepreneurship

$ 260 million: projected annual revenue from the Lincoln Haymarket Arena approved by voters in May

5%: Unemployment rate until April Cornhusker State

Population: 251,624

Median age of population: 31.3 years

Mean home price: $ 170,979

Related Interest

Provo, Utah

Home to Brigham Young University and the second largest concentration of software companies in the U.S.

Minneapolis / St. Foul

Thanks to the University of Minnesota and other schools, the Twin Cities camps of 1300 boasts high-tech companies.

Dubuque, Iowa

Home to five colleges, Dubuque serves as a commercial, educational

and cultural connections for Iowa, Illinois and Wisconsin.

Hattiesburg, Mississippi

At the University of Southern Mississippi Development Partnership in collaboration with the local area to create Launchpoint Business incubator to encourage the development of small businesses.

10. Small City, Big Opportunities

Small pond in which your business can be a big fish

Huntsville, Alabama

NASA Marshall Space Flight Center Headquarters and adjacent to the U.S. Army Aviation and Missile Command, Huntsville is known as growing aerospace and military technology center. The nonprofit Huntsville Association of Small Businesses in Advanced Technology promises to broaden the horizons of local startups, by promoting contracts with local and federal agencies manage the exchange of information between companies members.

Pad Launched Tech: Cummings Research Park is the second largest research park in the U.S., housing 285 companies in 175 buildings.

Population: 176,645

Median age of population: 36.7 years

Median Housing Price: $ 145.800

Related Interest

Sioux Falls, S.D.

Township designated Best Little America's superior metropolis in the country with the lowest tax rates in the country of sale (4 percent) and no corporate income tax.

Fargo, N.D.

Fargo Renaissance Zone effort promising tax breaks and other incentives for commercial tenants to lease space in the historic center of the city.

Bowling Green, Ky..

The Kentucky Transpark tailored for high-tech companies, featuring educational and research center along with trails for biking and hiking.

Charlottesville, Va.

Batten Institute at the University of Virginia Darden Business School offers an incubator space and assistance to graduate students starting businesses.

9.4 percent: encouraging the growth of small businesses Huntsville between 2004 and 2007 - nearly double the national average of 5 percent for medium metro area.

Thursday, April 25, 2013

Israel Ramp Up Training Cyberdefense

twice a week about 200 Israeli high school students in seven separate locations to meet after school for six hours of extra lessons. Students earn two tests to qualify for the extra care, as directed by the Israel Defense Forces Veterans and supervised by officers on active duty. The students call themselves Achievers magshimistim high and they are the pioneers of what the government is hoping thousands of high school students are trained to be the best that cyberwarriors waging cyberwar world.Israel endless. Government networks is one of the highest strike anywhere, with the day-to-day attacks that number in the tens of thousands, Soufan Group, a New York-based security adviser, said in a report on January 14. In November of civilian computer technician diverted millions of attempted attacks on the website of the government of Israel air force struck the country Hamas-controlled Gaza Strip and Israeli rockets hit the city and cities.The threat to Israel is likely to grow. Iran has allocated about $ 1 billion to build and get cybertechnology, as well as hiring and training experts, by Tel Aviv-based Institute for National Security Studies. Iran Defense Cyber ​​Command military personnel and representatives of government ministries. "[Iran] take the evil campaign of cyber attacks against all, against Israel, against the United States. This is an attack that is not visible, but the taste and feel more and more, "said Israeli Prime Minister Benjamin Netanyahu on February 18. Iran has accused Israel and the U.S. is trying to sabotage its nuclear program by a virus called Stuxnet.Many magshimistim cyberdefense unit eventually will join the Israel Defense Forces'. The program teaches students to perform tasks such as computer viruses containing wild in so-called "cyber-sandbox" so that they can learn how to tame it. For their final project, the youth should form a virtual orchestra by connecting the terminal to a central computer to act as a conductor, providing instruments and melodies in a different terminal. Recruit the best and brightest is a major task for the National Cyber ​​Bureau. "It's easier to train people under 25," said Lt. Col. Sagi, officers supervising high school program (bar her from regulations that give his full name). Set a little over a year ago, the agency responsible for coordinating cyberdefenses country by investing in human capital, to secure national infrastructure such as communication networks, and encourage industry cybertechnology to strengthen the economy. Since its establishment, the firm publicly provided more than 140 million in cash ($ 38 million) for a research program run by the Department of Defense, startup companies, high school initiatives, and doctoral programs at the university. The total budget will be greater. "Paper Bureau is to ensure that Israel is more secure," said Rami Efrati, head of the civil division of the bureau, in collaboration with the IDF. Efrati reported Matania Eviatar, bureau chief, rarely speaks in public he and other members of the bureau, about a dozen in total, still anonymous.The graduated high school program does not automatically get from a virtual army unit. It must pass strict tests applicants for overseeing military training course itself. In areas in central Israel, about 20 soldiers signed to serve a year and a half to spend their days in front of a computer screen for digital terrain training. Work consumes 14 hours a day for four months. "This course was developed for people who have no prior knowledge at all," said Lieutenant Commander. Colonel O., who sports blond ponytail and weak. He was responsible for the school computers, including cyber-training, C4I Directorate, which stands for command, control, communications, computers, and more. "They can be an actor or a journalist. Everything from the beginning because the military has something relevant only for us, "he said. "It comes with experience in programming will only give a slight edge over the others." Not one of 2,500 soldiers who want to join the unit, 2 percent were selected. Lt. O. cyberdefense chief instructor at the base. He was a drummer in high school, playing in a jazz group. He likes computers but "not weird. I'm not really interested in more than just Facebook. "The training is held once a closed network between the military units they take turns attacking and defending. Lieutenant. Colonel O., flanked by two specialists in information security, declined to elaborate on specific subjects. Tell her that "soldiers need to know the capabilities of potential attackers, to study at a level above them." Some soldiers hoping to land a job in the high tech industry of Israel after their release. It should not be difficult. Not only do they look but with more companies to choose from as the National Cyber ​​heavily promoted Bureau startup through grants and other financial assistance. Israeli companies such as Check Point Software Technologies (CHKP) for world-class players in the cybersecurity firm. Israeli venture capital fund set up incubators to support the development of the company's defense against network threats. Netanyahu said the aim, and the National Cyber ​​Bureau, is to create a digital Iron Dome antimissile system similar to the rocket successfully blocked fired into Israel from Gaza in recent months. Efrati said: "We are looking to create cyberdome to eliminate the attack as we can." Some attacks will penetrate cyberdefenses Efrati Israel itself acknowledges. But Israel will continue to improve their approach. They act as if their lives depended on it.The bottom line: Israel is the target of tens of thousands of daily cyberattacks. Year agency has spent at least $ 38 million to strengthen the defense.

Tuesday, April 23, 2013

In the UK, the Credit Downgrade actually important

Why should anyone care about the UK losing AAA rating? Markets largely ignored the country's debt downgrades announced late on February 22, Moody's Investors Service (MCO), and government leaders pooh-poohing it, too. Rating agencies "poor record, they are a bit like the tipsters," says Business Secretary Vince Cable told the BBC. In fact, the cost of borrowing for the U.S. and France have declined since their ratings downgraded in 2011 and 2012, respectively.Politically, though, downgrade a lot of things. "It is a huge political blow to the government, which hopes to establish a narrative for the 2015 election was brought back to the UK from fiscal danger zone and the route back to maintenance," economist Michael Saunders of Citigroup (C ) wrote in a note to clients.The downgrade to a particular embarrassment for the Chancellor of the Exchequer George Osborne, spoken often about the importance of keeping the top ranking. After the announcement of Moody, Osborne said the downgrade suggests that the government should "stick to its course austerity measures' to reduce debt. "The UK has a debt problem, developed over many years, and we have to deal with it," he wrote in a Feb. 24 article for The Sun newspaper in London. The European Commission estimated that the UK debt will reach 98 percent of gross domestic product next year, up from 90 percent in 2012.Still, the downgrade is likely to increase pressure on the government to take measures to promote of growth, as the country stands on the verge of a triple-dip recession. The economy shrank 0.3 percent in the fourth quarter of 2012. In announcing its action, Moody's said it expects sluggish growth in the leader of the opposition Labour Party "extend in the second half of this decade. "Calling downgrade" shameful, "Osborne said they had questions about it in Parliament on Monday. With the government scheduled to present 2013 budget plan on March 20, Labour called for stimulus measures including a reduction in the value-added tax.To anyone who has followed the UK economic woes, the only surprise about Moody's action is that it did not come quickly, says Mark Allan, an economist at Axa Investment Managers in London. But, he said, "it's just the beginning of political pressure." With reporting by Thomas Penny and Scott Hamilton of Bloomberg News

Thursday, April 18, 2013

Rand Paul did Marco Rubio integrating See

(Removes incorrect sentence in the fifth paragraph that only Paul calls for balanced budget amendment.) Fiery Mon Evaluation Rand Paul Beltway business as usual shows why mainstream Republicans have hard facing Tea Party. People like Rand Paul and his father, former Rep.. Ron Paul, making other Republicans look like the go-along, get-along career politicians.You not even have a vote on Tuesday night to see the difference between a televised speech Sen. Marco Rubio, the Florida senator who gave the official Republican response to President Barack Obama's State of the Union address, and an Internet broadcast of Paul, the Kentucky senator who spoke on behalf of the Tea Party Express.Although Rubio himself elected with Tea Party support, he looks like a wannabe president. He was standing in front of large windows framed by heavy curtains of brocade and American flag, with artfully placed family photos in the background. Even the pale blue tie, by chance, as president of Paul, on the other hand, stands in front of a plain chocolate decorated with just the logo and the URL of the Tea Party Express ... And while Rubio neat tidy, Paul looked, as usual, like a barber nightmare.Rubio stirring account opened his response with a family history of immigrants, while Paul jumped right into attacking Obama for a loan, said He, $ 50,000 seconds. Both men criticized Obama for promoting big government and high taxes. But Paul made with Rubio verve.Where more careful to say that the Republican Party will hold a Medicare benefit plan is not currently dangerous, Paul was not committed. He said, "Big government is not your friend. President offers free stuff, but the policy makes you poor. "Rubio said anything about the drone attacks, which polls show is supported by the majority of Americans. Paul, obviously not trying to win the election, the president condemned a secret list of people who were killed without trial.Rubio, his eyes full of tears, calm reasoned case for small government. Paul throwing rhetorical bombs. If Congress does not do the right thing, he said, "Sweep the area clean. Limit their terms and send them home "And. By that he means Democrats and Republicans alike.Marco Rubio may have increased the opportunities for 2016 to see the president. But judging from Tuesday night, as Rand Paul is about, Rubio will not be the obvious choice of Tea Party true believers it.

Sunday, April 14, 2013

the collapse of oil imports to the U.S. to Establish Market Crude World

(There was an earlier version of this story ran online.) If you have oil analysts say seven years ago, by 2014 the U.S. imported only 6 million barrels of crude oil per day, or nearly one-third of what the state was doing, he did not believe. Import longer considered for nearly two-thirds of U.S. oil consumption, according to the federal Energy Information Administration, and the increase for 30 years. Along with all the major areas are found and lower production, America seems destined to import more and more oil, especially from Canada, Mexico, Venezuela, Saudi Arabia, and the West Africa.Then came close to exploding hydraulic fracturing to extract oil and gas shale water and U.S. energy picture has changed dramatically in recent years. Now the International Energy Agency estimates that by 2020, U.S. oil production has surpassed Saudi Arabia. It will change decades of established trade production slate patterns.Most new U.S. light, sweet crude that can be easily refined fuel and valuable in the world. Light, sweet crude oil is more viscous than the heavy, sour crude oil, with less sulfur. But the heavy, sour crude oil tends to a few dollars per barrel cheaper than light sweet crude oil, Venezuela and Canada and have a backup of it. That is why in the year before the shale boom hit the U.S., some of the largest refiners in the U.S. spent more than $ 20 billion in upgrading their refineries so they can process it gunky fuel, asphalt, and other products.Now, refinery revise their plants to handle the heavy crude trapped . If they buy the oil, light sweet, they wasted their investment. "I think these refineries are reluctant to eat the cost of a new coker unit will be installed," said Timothy Evans, an analyst at Citigroup (C). (Coker Unit split into various oil and gas liquids.) Best way for them to get a return on investment, he said, is to process heavy, sour crude oil, well that because cost.Thus lower margin, despite the abundance of high-quality crude, the need for heavy, sour oil from other countries is high in the coming years. For reasons of Canada remains the largest supplier of America. Not just Canadian oil pipeline near and able to cross the border, but the heavy, sour crude oil pipeline is also what U.S. refiners want.Canadian operator TransCanada (TRP) is trying to get U.S. approval of its Keystone XL pipeline, which will eventually move 1.5 million barrels per day of heavy Canadian crude to refineries in the Gulf Coast sour. The pipeline will lower the cost of shipping to Canada and take their oil even more expensive than crude oil sold in the United States through Mexico (sold 1 million barrels per day in the United States), Saudi Arabia (1.2 million), and Venezuela (950 000). "Gulf Coast market is not big enough to take on a new Canadian oil imports and keep current," said Edward Morse, head of commodities research at Citigroup Global Markets. "There has to give." While the need for heavy, sour crude oil is not good news for Canada, the U.S. oil shale revolution possible result in a sharp decline in oil imports from Africa, mainly from West Africa's largest OPEC members, Nigeria and Angola. Both suppliers light, sweet crude. Since July 2010, the U.S. has cut Nigeria imports by half, from more than 1 million barrels per day to 543,000 in October 2012, according to the latest data provided by the EIA. They are imported from Angola dipped below 200,000 barrels per day, from an average of 513,000 in 2008. "In the second quarter of this year, we have to stop imports of West African light, sweet crude in the Gulf," predicts Morse. Sometime before mid-2014, he said the United States and Canada will stop the import of crude oil from West Africa altogether.Those barrels to find another home. Surplus Africa on Middle Eastern oil suppliers compete for customers in India, China, Europe, and Korea. As global competition heats, world oil prices will probably drop more. Morse said that the $ 90 would be a new ceiling for oil prices from the floor that the previous years, he anticipates the transition will fall this shift in the geopolitics of global trade "Annoying high." Disrupt Oil may be too. Angola, Nigeria, and Venezuela relies heavily on oil revenues to keep their government subsidies to survive and keep well-known that lower prices for food and fuel for their citizens. If Morse just the average world price of oil hovered below $ 90 a barrel, the pressure on states to weaker oil intense.The bottom line: Oil production in the U.S. could exceed Saudi Arabia by the year 2025. African countries may have to scramble for new markets.

Tuesday, April 2, 2013

In France, Challenger Is Driving Seat

(adjusting the sixth paragraph limit to 100 percent of the tax revenues Jean-Luc Melenchon promised during the campaign.) On Sunday night, French President Nicolas Sarkozy was left struggling to live life a political battle he seemed in danger of losing socialist rival, Francois Hollande time squeaked past him in the first round of the presidential election, won about 28.8 percent of the vote to 26.1 per cent of French leaders, according to the polling firm Hollande Ipsos.If apply to determine half of May 6, as some polls indicate her powers, the French Socialists would win their first presidential election since the end of the Cold War a potentially large impact ripple across Europe as the second largest regional economy anguishes over how to dig themselves out of the deep recession.Hundreds mobbed outside the headquarters of the Socialist Party's Left Bank, Paris at sunset day on Sunday, bracing themselves for success, early sweet and shouting "François, president" Then, Hollande committed supporter of its rural constituency Corrèze, calls elections "rejection of the president out." There charisma deficit, mild-mannered local politician, who never held national office, rising through the party rank efforts rather than dynamism. But he tapped into a wave of insults against Sarkozy. Fighting seems to be hardened by the deepening European recession. The French, finding a convincing leader, Sarkozy is not a politician, which means more snooty anxiety grated into their veins. Disgusted lasts messy divorce and remarriage fast Carla Bruni not helped, either. "At least half of the population does not want Sarkozy," said Dan-Antoine Blanc-Shapira, director general of the Paris event planning company perception, choice Sarkozy in 2007. "I have never seen anyone hate president like this." Blanc-Shapira is among the many people who vacillated for weeks on who to choose, and eventually choose Hollande. While he believes the entrenched labor protection inhibits growth of the country, he also criticized Sarkozy reluctant to raise corporate taxes exceeded 43 percent. Hollande, who once said on television, "I hate the rich," is proposed wealth tax, including the 75 percent income tax rate for those earning more than 1 million euros (about $ 1.3 million). Partly because of the policy, Blanc-Shapira said he was not happy with having to choose Hollande, but added, "Both candidates convince me." Same is true for nearly 10 million people on Sunday to choose the extreme left and right wing parties. Sunday is the biggest political earthquake huge support for far-right National Front, a young, telegenic candidate, Marine Le Pen, won nearly 7 million people vote after campaigning to have France to leave the euro and stop all immigration from North Africa. Millions, as well as the far-left party, much to the communist style of policy making tax plan Hollande look tame. About 11 percent of voters chose Jean-Luc Melenchon, where the popularity has soared in recent weeks to promise to put 100 percent income tax to anyone achieving more than 350,000 € (about $ 469,000) to year.Hollande panicked and Sarkozy will try millions court extremist of voters in two weeks. CSA exit polling firm released data showing that more than 90 percent of Melenchon Hollande support intended to vote on May 6, while 52 percent of Le Pen's supporters said they would vote for Sarkozy. Looking drawn and faint after the polls closed, Sarkozy seems to channel Le Pen when he told supporters he would represent the French "against outsourcing and immigration control. To maintain their lifestyle in central question this election, "he said.For France, keep living a good public health system, better schools, and job security is protected narrative is dominated politics for decades. This time, however, the puzzle of how to pay for that sweet life has reached a crisis point. Debt now stands at more than 90 percent of gross domestic product. Unemployment still seem to remain at about 10 percent, a figure that is higher for young people and people woke minorities.Whichever elected president on May 7 will deal with the cold statistics, and the need to swallow.