Big Wealth For You

Found and interesting blog on Global Warming.  Here’s a sample:

Having agreed on Friday to force U.S. taxpayers to pay untold billions of dollars in new global warming costs, U.S President Barack Obama returned to Washington, D.C. from Copenhagen on Saturday to find the nation’s capital being buried beneath a record blizzard.

Source: http://www.fitsnews.com/2009/12/21/hows-that-global-warming-looking-now/

Traffic to the top U.S. retailer Web sites dropped on Thanksgiving Day, although Wal-Mart’s Web site once again emerged as the big winner.

Energy Storage Technology Markets

Advanced Battery Technologies, Pumped Hydro, Compressed Air, Flow Batteries, and Frequency Regulation for Utility-Scale Storage Applications

The stationary utility energy storage market is very much in its nascent stages. Most industry participants believe that energy storage technologies have a large role to play in the electricity grid of the future. The demand is being driven by several key trends, including the proliferation of intermittent renewable energy sources such as wind and solar, the onset of the smart grid concept, and a shift to plug-in hybrid and electric vehicles, to name just three. Because energy storage technology providers are selling into the slow-moving regulated utility market, the adoption process will be longer than one might predict, given the apparent growing market need. However, over the coming years, energy storage is likely to enjoy significant adoption by utilities in North America and other global markets. ( http://www.bharatbook.com/Market-Research-Reports/Energy-Storage-Technology-Markets.html )

The U.S. Department of Energy estimates that, for every gigawatt of wind capacity added, 17 megawatts of spinning reserves must also be built to account for the system’s variability. Also, utilities are building capacity to meet so-called needle peaks in electricity usage that only occur for a small number of hours each year. It is expensive and inefficient to size capacity to these peaks, and energy storage can play a large role in supplanting peaking generation. However, unlike solar and wind, energy storage technologies have historically received very little support in the form of government subsidies and incentives. This tide is starting to turn, and new commitments from the U.S. government, combined with greater interest from forward-looking utilities, are pointing the way to a strong market opportunity for energy storage.

This report analyzes the global energy storage market opportunity from several key perspectives. It includes a detailed examination of the strengths, weaknesses, technological capabilities, and economics of various energy storage technologies, including an assessment of the market prospects for each. The report also analyzes the market drivers, barriers, and regulatory/legislative issues associated with energy storage markets. In addition, it includes granular market forecasts, segmented by technology and world region, along with profiles of key market participants.

Key questions addressed:

* What is the current size of the Energy Storage technology market by technology and region of the world?
* What are the key drivers and inhibitors of growth for Energy Storage technologies?
* Which Energy Storage technologies are likely to gain the largest market share in the future and why?
* What are the costs of Energy Storage technologies today, and what are the future pricing trends?
* What are the key applications for Energy Storage technologies?
* Who are the key industry players in the Energy Storage technology market?

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Article Source:http://www.articlesbase.com/business-opportunities-articles/the-global-energy-storage-market-opportunity-from-several-key-perspectives-1436361.html

SANTA CLARA, CA–(Marketwire – October 21, 2009) – Mobile broadband gateway provider Stoke, Inc. (http://www.stoke.com) today announced that DOCOMO Capital, Inc. and Mobile Internet Capital, Inc. have invested in the company. This represents an extension to Stoke’s Series D funding round, which now stands at $20 million and brings total investment in the US-based startup to $70 million.

DOCOMO Capital is a corporate venture arm of NTT DOCOMO, the world’s leading mobile operator. Mobile Internet Capital, Japan’s leading venture capital company focusing on the wireless communication sector, includes NTT DOCOMO among its main investors.

The funding will be used to support Stoke’s commercial deployments in Asia Pacific, of which Japan is the most advanced, and the imminent launch of new 3G offload capabilities for the Western European market.

“Our mission is to invest in the future of mobile technology,” said Tomoya Hemmi, President and CEO of DOCOMO Capital. “Stoke is an exciting, advanced and leading edge solution provider with the potential to improve the abilities of operators to be more competitive in future mobile communications markets.”

In June Stoke announced they had been selected to supply NTT DOCOMO with its advanced mobile broadband gateways for commercial deployment. The gateways form part of a new infrastructure allowing NTT DOCOMO to provide improved service, expand accessibility for users, and enhance the company’s ability to manage mobile broadband traffic on their RAN and backhaul infrastructure.

“Stoke solutions address some of the most pressing contemporary requirements of mobile data operators,” said Ikuo Nishioka, President and CEO of Mobile Internet Capital. “Their technology is unparalleled and well suited to addressing the dynamics of the current mobile Internet market. We are pleased to add our support to accelerate their success.”

Mobile data service provider companies are increasingly turning to Stoke’s all-IP, converged access technology to address the data glut challenging carrier networks worldwide. Following its first commercial deployments in late 2008, Stoke has experienced a triple digit increase in revenues.

“Stoke is delivering advanced and unique solutions for the immediate requirements of mobile data offload, femtocell deployment and transition to LTE. Our recent commercial deployments represent a strong validation of our technology and underscore our vision of leadership in this space,” commented Vikash Varma, President and CEO at Stoke.

About DOCOMO Capital

DOCOMO Capital, Inc. is a wholly owned U.S. subsidiary of NTT DOCOMO, INC. (NYSE: DCM), the leading wireless network operator based in Japan. Working closely with NTT DOCOMO’s business and R&D divisions, DOCOMO Capital is in charge of NTT DOCOMO’s strategic investments in mobile communications related start-up companies mainly in the United States. For further information, visit: http://www.docomo-capital.com/.

About Mobile Internet Capital

Mobile Internet Capital, Inc. is a Japan-based venture capital company owned by NTT DOCOMO, Mizuho Securities Co., Ltd., and Internet Research Institute, Inc. Mobile Internet Capital focuses on the wireless communication and the information technology sectors. For further information, visit: http://www.mickk.com/en/.

About Stoke

Stoke develops carrier-class mobile broadband gateways specifically engineered to enable mobile and converged network operators to maximize the economic returns of their 3G mobile networks. For further information, visit: http://www.stoke.com.

Article Source:http://www.articlesbase.com/business-opportunities-articles/docomo-capital-and-mobile-internet-capital-invest-in-stoke-1398206.html

There is a great deal of confusion over the economic terms ‘recession’ and ‘depression’.  Prior to the Great Depression in the early 1930’s, ALL downturns in a given country’s economy were called a “depression”.

In the U.S.A. during the Great Depression, the term “recession” was first used.  It was used so that people could more easily understand the difference between a smaller downturn in economic activity and more a more severe one.  For example, in both 1910 and 1913, the U.S. economy declined from the previous year, but, in HINDSIGHT, they were referred to as merely recessions, because of the much deeper problem of the 1930’s.

A recession, as defined by the Business Cycle Dating Committee at the National Bureau of Economic Research, is the decline of business activity in the economy including employment, industrial production, real income, retail and wholesale sales. Some economists won’t use the term “recession” until the decline has lasted for six months (two quarters).

The U.S.A. for example, saw its worst recession between 1974 and 1975, when the “business activity” declined by about 4.9%.

So what do economists currently label as a depression?  Technically, it is when a country’s Gross Domestic Product (GDP) is 10% lower than the previous year’s GDP, OR if the GDP drops (even if it’s less than 10%) each year for three consecutive years.

Unfortunately this raises more questions than it answers.  What exactly IS Gross Domestic Product?

The GDP is defined as “measure of a country’s economic performance and is the market value of all final goods and services made within the borders of a country in a year”.  That would include ALL transactions within the country AND between that country and others.  This would include every exchange involving money.  The GDP is often confused with the GNP, or Gross National Product, and while they are often very similar figures, they are not the same.

The GNP is the Gross National Product, which refers to the PEOPLE, who not all may be in the same physical location.  E.g. GNP of all United States citizens will be somewhat different to the GDP of the Nation called the U.S.A.  Put more simply, GNP refers to people, and GDP refers to a country.

The theory goes like this; if a country has lots of trades within its own borders AND with other nations, then it must be doing well financially.  It is often used as an indicator of a country’s standard of living, though this isn’t always the case.

Why?  Because of several factors; for example, the value of the country’s currency compared to others can help determine the standard of living enjoyed in a given country. The type of government in power (dictatorship etc.) will have a strong influence, and most importantly, products produced IN EXCESS of what it needs to survive must be considered.

REAL wealth, whether it is individual wealth or national wealth, should only ever be measured in terms of what is available IN EXCESS of what is required to survive.  When and individual can afford buy a new car every year whether he needs it or not is a sign of having something in excess of what he needs.  Please note that I said “can AFFORD”.  If a person has to take a loan out to pay for the new car,  or a mortgage for the new house, then he cannot really afford it.

One very important thing to remember is that severe economic downturns in a country (or indeed, worldwide) are ONLY called Depressions YEARS AFTER they happened.  Because a country’s GDP has to drop by at least 10% over the previous year, or the decline lasts for three years or more, by definition it can ONLY be called a depression a minimum of one year after the fact, OR three years after (if the decline was less than 10%) .

As I write this, the world is in a steep economic decline.  In other words, there are far fewer trades going on both within any given country and between countries.  While this cannot be technically referred to as a depression, there is no doubt at all that it WILL be called a depression in the years ahead.

In conclusion, the words used to describe a situation (economic or otherwise) are just words.  What really matters is how people DEAL with that situation.  They need to learn from historical events so that they can both deal with the current situation, and make sure that they teach the next generation how to prevent it from happening again.  History does NOT have to “repeat itself”.

YOU can protect yourself from this to a large degree, but you have to understand two things; what to expect and how to prepare.

Notice I didn’t say “how to REACT”.  Reaction means that it’s already TOO LATE; you would be reacting to something that has already happened.  Instead, you need to prepare yourself.  How?  Learn new skills.  Learn how to make your living INDEPENDENTLY of an employer.  Perhaps you can become a blogger making your income from home and offer products that people living in a depression will want and need. Maybe you can to sell other products as an affiliate on the internet.

Don’t look to the politicians to save you.  They are the ones that got us into this mess and they have no idea how to get us out.  You’ll have to protect YOURSELF!

Learn how YOU can make money online at:http://www.ballisticbloggingforcash.com/
And, get a FREE copy of the book ‘Fire Your Boss’ at http://www.lukehawthorne.com/
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Article Source:http://www.articlesbase.com/business-opportunities-articles/is-this-a-recession-or-a-depression-1360081.html

Students at Kansas State University are looking forward to a deeper understanding of India and experiencing its culture, say two leaders who are working to give students more opportunities to learn about and experience South Asia.

Barry Michie, director of international program support at K-State and Bradley Shaw, co-principal investigator, have said that the fascination for India has gone through a change in recent times.

“For instance, in the 1960s and ’70s, most people’s idea of India centered on sacred cows, Ravi Shankar, spirituality and bullock carts. But I think we’ve gone way beyond that point with students’ perceptions of South Asia today as a region of growing economic and political importance to the U.S. and their own lives,” said Michie.

The university has received a two-year grant from the U.S. Department of Education to enhance K-State offerings in South Asian studies.

The Title VI grant under the Undergraduate International Studies and Foreign Language Program will help K-State develop a proposed interdisciplinary secondary major in South Asian studies and will expand faculty and student opportunities in South Asia across all colleges.

A four-semester sequence of Hindi language classes is included in the project.

Michie said they hope to have the secondary major approved by the university and the Kansas Board of Regents by the end of the 2010-2011 academic years.

The researchers have said that it is more than just India’s growing importance in world politics and economics that makes South Asian studies a priority at K-State.

“Students today see it in their own self interest to know more about the world and to add some kind of international dimension to their study, whether it’s generalized international study or a more specific region of the world. They see possible professional opportunities for themselves — whether they choose engineering, a humanities discipline, journalism or any another field — and they want to have a competitive edge,” said Shaw.

The planned secondary major would not only add Hindi language classes, but it is also designed to create 14 new or revised courses with a focus on South Asia and adds experiential programs in India like study abroad programs, joint projects, internships and volunteer opportunities for undergraduate students.

K-State faculty across all disciplines will have opportunities to revise their courses, travel in India and create relationships for study or research.

“These faculty opportunities fan out to have the effect of reaching many undergraduate students,” said Shaw.

“We hope to tap into a heritage market of students whose parents are from India but who themselves have been born and raised in the United States,” said Michie. (ANI)

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The carnage of the economic downturn is everywhere with bankruptcies, foreclosures and unemployment soaring nationwide. None of the 50 states are immune. Only two, Alaska and North Dakota, are expected to see employment gains this year. Maryland, North Dakota and Virginia (by a hair) are the only states where the economy is projected to expand in 2009. Housing? Every state saw a decline in median home prices last year

The recession has shaken up our fourth-annual ranking of the Best States for Business with some big movers up (North Dakota, Oregon and Iowa) and some former high-fliers on the way down (Florida, Nevada and Arizona).

Amid this mess, Virginia nabbed the top spot with the best business climate in the country for the fourth straight year. Virginia’s economy has deteriorated, with the number of unemployed soaring 60%, while gross state product is flat and household incomes are expected to fall 4%, according to West Chester, Pa.-based research firm Moody’s Economy.com.

Relative to the rest of the country though, Virginia is booming. Its 6.5% unemployment rate is fifth lowest in the country with the four states ahead of it all having dramatically smaller economies and employment bases. Virginia is the only state ranked in the top 20 in each of the six broad categories we examined. The state finished in the top three in half of those categories (labour supply, regulatory environment and quality of life). Virginia’s $325 billion economy is expected to be the 10th largest in the U.S. in 2009.

The state benefits from a highly educated workforce that is expected to expand over the next five years. Energy costs are 30% below the national average. The state’s tort environment ranks fifth best in the country, according to California think tank Pacific Research Institute. The state government’s finances are in good shape–it’s held on to a top AAA rating from Moody’s since 1971. Eleven public companies with more than $10 billion in revenues call it home, including Altria, General Dynamics and Capital One Financial.

Smart incentives help, too. Each year Park Ridge, Ill.-based Pollina Corporate Real Estate does a study that compares states’ economic development departments and programs. This year Virginia topped the Pollina study after finishing second last year.

“Virginia’s economic development department truly understands what global competition is all about,” says Brent Pollina, who authored the study. The Virginia Jobs Investment Program, for example, is open to both new and existing companies and offers flexible and customized employee recruiting and job training for businesses. The program has helped more than 2,400 companies over the past five years recruit and train 75,000 Virginians.

“We believe we offer a unique proposition because companies know the business climate is going to remain friendly,” says Jeff Anderson, head of the Virginia Economic Development Partnership. In February, Hilton announced it would move its corporate headquarters from Beverly Hills to Fairfax County. Last year Canon revealed plans to expand its Virginia operations with a $600 million investment that will create 1,000 new jobs. Overall companies announced plans to spend $5.1 billion to relocate or expand in Virginia in 2008, which is expected to create more than 20,000 new jobs. http://www.workathomewebjobs.com

Our Best States ranking measures six vital categories for businesses: costs, labour supply, regulatory environment, current economic climate, growth prospects and quality of life. We factor in 33 different points of data to determine the ranks in the six main areas. Business costs, which include labour, energy and taxes, are weighted the most heavily. We relied on nine different data providers. Moody’s Economy.com is the most-utilized resource.

A common theme with our top-ranked states is an expanding, educated workforce. The three states that followed Virginia in the rankings (Washington, Utah and Colorado) also ranked in the top four along with Virginia in our labor supply category, which looks at high school and college attainment, as well as net migration and projected population growth. “When we talk to prospective clients, their No. 1 issue every time is workforce,” says Virginia’s Anderson.

Three of the biggest drops in our ranking were states where the housing boom and population surges once fuelled rapid economic growth. In our 2007 ranking, Arizona, Florida and Nevada were the top three states in several areas including: five-year net migration, projected population growth, gross state product growth and five-year projected job growth. With the collapse of the housing market, the outlook is far less rosy. People are expected to continue to flock to these three states, but the employment and economic forecast has worsened considerably in all three locales. Each of these states fell at least 10 spots in the current ranking.                   http://www.moneymymoney.com

New Jersey also had a big fall. Over three years, the state’s ranking plunged from 19th to 34th to 45th this year. High business costs have been a long-time problem (12% higher than the national average) with taxes being a major gripe. The Tax Foundation dubs New Jersey the worst state when it comes to its business tax climate. Fed up, residents are fleeing. Net migration out of New Jersey was the seventh worst among all states over the past five years. The Garden State also ranks poorly for job growth, income growth and economic growth over the past five years.

While New Jersey slides, our bottom three states from last year (Alaska, Louisiana and West Virginia) all climbed at least four spots. On the strength of an improved economic and employment outlook relative to the rest of the country, West Virginia moved up to 46th place after two straight years at the bottom of our list. Alaska is projected to have the strongest job growth of any state over the next five years and ranked 42nd, up six spots from last year.

Louisiana is making a comeback from the damage inflicted during Hurricanes Katrina and Rita in 2005. The state moved up five spots to 44th place. Louisiana launched a workforce development reform plan last year that borrows heavily from labor programs in Texas and Georgia, both among our top 10. “Louisiana Fast Start has changed the perception of Louisiana’s workforce from a concern to a top selling point,” says Stephen Moret, head of Louisiana Economic Development. Moret cites the program as central to attracting business expansions by a new green car company, V-Vehicle, and manufacturer Gardner-Denver.

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RICHMOND, Va. (AP) – U.S. Education Secretary Arne Duncan appealed Friday for a new generation of extraordinary teachers, calling education the civil rights cause of our time.

TORONTO – Nortel Networks Corp. (TSX:NT) will be auctioning off its next-generation wireless packet core network assets in October, after a U.S.