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  • Merkel coalition gets key vote | Business Spectator
    mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Merkel coalition gets key vote 15 Dec 2013 11 04 AM Politics International News Europe Final obstacle removed for Chancellor Angela Merkel s third term You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AFP Germany s centre left Social Democrats have overwhelmingly approved the formation of a grand coalition government under Chancellor Angela Merkel removing the final obstacle to her third term Party treasurer Barbara Hendricks on Saturday said a resounding 76 per cent backed a left right coalition pact after a postal ballot among its 475 000 members The unprecedented binding referendum which drew nearly 78 per cent turnout marked an unqualified triumph for Social Democratic SPD chief Sigmar Gabriel nearly three months after his party s bruising loss to Merkel s Christian Democrats CDU in the general election I have never seen my party so politically engaged in the 36 years I have belonged to it a beaming Gabriel told reporters flanked by the party leadership It s been a long time since I was so proud to be a Social Democrat The vote means Merkel can be formally re elected by the Bundestag lower house of parliament making her only the third chancellor in German post war history to serve a third term Merkel and her CDU romped to victory in the September general elections winning 41 5 per cent on the back of a strong economy falling just short of what would have been an extraordinary absolute majority The Social Democrats a 150 year old political force limped to second place with 25 7 per cent in their second worst

    Original URL path: http://www.businessspectator.com.au/news/2013/12/15/europe/merkel-coalition-gets-key-vote (2014-01-12)
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  • Fergus Ryan | Business Spectator
    latest venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Fergus Ryan Bishop s Chinese media mauling The foreign minister has taken a hammering in the Chinese media this week If she wants her message to cut through she ll need to adopt a more sophisticated approach by Fergus Ryan 11 26am December 14 16 comments The long sting in Abbott s Huawei snub Tony Abbott s Huawei rejection was based on many layers of misguided thinking Without an urgent fix it will wreck his relationship with Beijing by Fergus Ryan 2 56pm November 07 18 comments This revolution has been archived The Asian Century is no longer as far as Canberra terminology is concerned Whether China will respond better to Tony Abbott s pared back economic pragmatism remains to be seen by Fergus Ryan 11 33am October 28 1 comment Business beware China s FTA tripwires New Zealand exporters have found life after the removal of Chinese tariffs and import quotas is still far from smooth by Fergus Ryan 1 37pm October 22 1 comment China s SOEs must declare their visible hand Enticing Chinese foreign investment to our shores is important but China s state owned enterprises must undergo significant reforms before Australia grants them any special favours by Fergus Ryan 2 43pm September 26 4 comments Bishop s Chinese media mauling The foreign minister has taken a hammering in the Chinese media this week If she wants her message to cut through she ll need to adopt a more sophisticated approach by Fergus Ryan 11 26am December 14 16 comments The long sting in Abbott s Huawei snub Tony Abbott s Huawei rejection was based on many layers of misguided thinking Without an urgent fix it will wreck his relationship with Beijing by Fergus Ryan 2 56pm November 07 18 comments This revolution has been archived

    Original URL path: http://www.businessspectator.com.au/contributor/fergus-ryan (2014-01-12)
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  • Berlusconi warns of 'revolution' | Business Spectator
    Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Berlusconi warns of revolution 12 Dec 2013 11 30 PM Politics International News Europe Former Italian PM claims uprising if he is forced to serve time You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AFP Scandal tainted Italian former prime minister Silvio Berlusconi sentenced to a year in prison for tax fraud has claimed there would be a revolution in Italy if he was jailed The 77 year old who lost his parliamentary seat over a conviction for tax fraud earlier this year as well as his parliamentary protection from the law told Europe 1 radio he was not scared of being imprisoned I am sure they cannot do it otherwise there will be a revolution in Italy he said in an interview recorded at his house in Rome and broadcast on Thursday I think it will be difficult to put me in prison I will have a large majority in the next elections And above all as I am quite old I am not scared of anything he said Berlusconi has to serve a one year sentence probably under house arrest or through community service because of his age But he faces imprisonment over other legal cases hanging over him The playboy politician one of the country s richest men also denied any plans to skip the country I love my country I cannot end my role of a patriot and a statesman by fleeing my country he said Berlusconi said he remained the head of his party Forza Italia or Go Italy named after a chant used by Italian football fans Now my supporters are saying they should be called Forza Silvio

    Original URL path: http://www.businessspectator.com.au/news/2013/12/12/europe/berlusconi-warns-revolution (2014-01-12)
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  • Wall Street closes sharply lower | Business Spectator
    Mobility BYOD Smart Devices Emerging Tech Applications Big Data Cloud Computing Data Management Reviews Social Media Start ups Security Data Security Identity Management Wireless Security Telecommunication Latest stories Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Will Twitter s founder strike social gold twice Biz Stone is looking to tap into the selflessness of others with his latest venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Wall Street closes sharply lower 12 Dec 2013 8 20 AM Politics International News USA Markets Financial Markets Dow loses 0 8 S P Nasdaq both retreat more than 1 after US budget deal You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AAP with a staff reporter United States stocks closed sharply lower after congressional politicians announced a bipartisan budget deal that could avert another US government shutdown Analysts also attributed the fall to profit taking after the equity market surge of 2013 At the closing bell the Dow Jones Industrial Average slipped 129 6 points or 0 81 per cent to 15 843 53 The broad based S P 500 slipped 20 40 points or 1 13 per cent to 1 782 22 while the tech rich Nasdaq Composite Index gave up 56 68 points or 1 4 per cent to 4 003 81 Investors worry that the deal which is

    Original URL path: http://www.businessspectator.com.au/news/2013/12/12/financial-markets/wall-street-slumps-budget-deal (2014-01-12)
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  • Volcker rule set for green light | Business Spectator
    transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Volcker rule set for green light 11 Dec 2013 4 45 AM Politics International News USA Industries Financial Services Economy Global News US Economy Regulators approve tighter US banking regulations from July 2015 You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AFP New United States regulations place tight controls on banks trading their own accounts in an attempt to avoid the high risk behaviour that contributed to the 2008 financial crisis The long awaited Volcker Rule to come into effect on July 21 2015 also forbids banks from owning hedge funds or so called covered private equity funds Five regulators were expected to approve the rule in a vote overnight on Tuesday after stiff resistance from banks complaining that it would hamper profits The banks will still be able to engage in some activities that overlap with sheer trading to generate profits regulators said The fundamental challenge is to distinguish between proprietary trading on the one hand and either market making or hedging on the other said Daniel Tarullo a governor of the Federal Reserve the chief author of the rules Named after Paul Volcker a former chairman of the Fed who has advocated tougher controls on banks the rule is a key part of the Dodd Frank legislation crafted after the economic crash to prevent financial crises This provision of the Dodd Frank Act has the important objective of limiting excessive risk taking by depository institutions and their affiliates Fed chairman Ben Bernanke said in a statement ahead of the vote Getting to this vote has taken longer than we would have liked but five agencies have had to work together to grapple with a large number of difficult issues and respond to public comments The rule will block the kind of complex derivative trading

    Original URL path: http://www.businessspectator.com.au/news/2013/12/11/us-economy/volcker-rule-set-green-light (2014-01-12)
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  • Free trade with China, a dangerous deal? | Business Spectator
    key strategic inputs is even more unlikely particularly amidst lingering global uncertainty Second China might manipulate its investments in Australia for strategic purposes Yet even here Australia s exposure is limited While Australia is the single largest recipient of China s foreign direct investment FDI China is only the ninth largest source of accumulated FDI for Australia holding only three per cent of all direct investment stock in Australia Nationals senator John Williams demand that Australian farmland not be sold off en masse to the Chinese is particularly misplaced In 2012 ninety per cent of Chinese investment in Australia went into mining or gas projects only three per cent went to agriculture Moreover the Australian government has acted decisively when Chinese investments raise national security concerns In 2009 China Minmetals was blocked from purchasing an iron ore mine near an Australian Defence facility Both Labor and Coalition governments have rejected bids by the Chinese private firm Huawei to invest in Australia s national broadband network As recent history has shown expanding trade and investment with China is good for Australian prosperity and therefore strengthens Australia s national security The Australian government must continue to exercise due diligence in assessing investment arrangements However fears that the Chinese government will manipulate its trade and investment to undermine Australian autonomy or security are overblown Both sides need to do a better job of explaining this reality to the Australian public Chinese diplomats should explain what exactly a state owned enterprise is and directly address Australian concerns over political manipulation Pointing to China s considerable track record of investing in Australia would be a good start The Abbot government if it wishes to get a trade deal with China within the year will also have to work harder to address popular concerns Economic statecraft is an important tool of Chinese foreign policy worthy of serious and sustained attention but it should not be used as an excuse for opposing economic engagement with China James Reilly is a Senior Lecturer at the University of Sydney He is the author of a Lowy Institute for International Policy Analysis China s Economic Statecraft turning wealth into power Print this page Related articles 10 Jan Korea China jostle for Aust resources 10 Jan China trade balance contracts 10 Jan Volvo Cars sales up in 2013 10 Jan China s Fosun buys Portuguese insurer in privatisation 10 Jan Australia is not the key to China s resource prison More from Business Spectator Technology Adapt or die Commercial The Future of Energy Family Business Alan Kohler s Family Business China China Spectator Please log in or register to post comments Comments on this article Comments Policy R Ambrose Raven Mon 2013 12 09 16 51 Correct that China is the other party is not the issue Many structural flaws are obvious in the current FTA model with any nation except to Australia s besotted ideologues long term erosion of our capacity to act in our national interest structural trade imbalances

    Original URL path: http://www.businessspectator.com.au/article/2013/12/9/china/free-trade-china-dangerous-deal (2014-01-12)
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  • James Reilly | Business Spectator
    a generally weak day for European markets Politics Australian Election Federal Budget International News Asia Europe USA National Affairs Latest stories Gagging visas are an attack on democracy The skyrocketing price of a journalist visa for Nauru will limit coverage of Australian prisoners on a vassal state It is an insult to the democratic principles this country stands for Britain will be poorer for Scotland the brave The economic case for Scottish independence is far from settled with doubts hanging over volatile oil prices and uncertainty over future revenues One thing is certain it would be a disaster for Britain Technology NBN Buzz Mobility BYOD Smart Devices Emerging Tech Applications Big Data Cloud Computing Data Management Reviews Social Media Start ups Security Data Security Identity Management Wireless Security Telecommunication Latest stories Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Will Twitter s founder strike social gold twice Biz Stone is looking to tap into the selflessness of others with his latest venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu James Reilly Free trade with China a dangerous deal Fears that the Chinese government will manipulate its trade and investment to undermine Australian autonomy or security are overblown by James Reilly 2 29pm December 09 4 comments Search Markets Global Indices Index Last Chg Chg DOW JONES 16437 05 7 7 S P 500 1842 37 4 2 0 2 NASDAQ 4174 66 18 5 0 4 FTSE 100 6739 94 48 6 0 7 NIKKEI 15912 06 31 7 0 2 Hang Seng 22846 25 58 9 0 3 The Spectators Harnessing the power of the one man brand Ken Phillips 10 Jan 1 58 PM 2 Self

    Original URL path: http://www.businessspectator.com.au/contributor/james-reilly (2014-01-12)
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  • Govt looks to soothe China tension | Business Spectator
    affecting a region of critical security importance to Australia Ms Bishop told reporters afterwards that her talks with top Chinese officials were wide ranging and discussions of the ADIZ took up only a small proportion of the time Parliamentary Secretary to the Prime Minister Josh Frydenberg defended Ms Bishop saying she was absolutely right to raise Australia s concerns about the disputed island region We do not have a position on the competing maritime claim particularly between Japan and China over the Senkaku and Diaoyu islands he told Sky News on Sunday But we do not believe that the recent moves have added to stability in the area China is Australia s top two way trading partner followed by Japan Print this page Related articles 13 Jan Govt interest bills surging report 13 Jan Abbott to pursue red tape cuts 13 Jan Palmer wants to repeal Newman laws 12 Jan Vic energy minister to step down 12 Jan Trade pact is close Robb More from Business Spectator Technology Adapt or die Commercial The Future of Energy Family Business Alan Kohler s Family Business China China Spectator Please log in or register to post comments Comments on this article Comments Policy R Ambrose Raven Mon 2013 12 09 09 31 Foreign policy disasters 1 Foreign Minister Marty Natalegawa s exposing of the tensions in his meeting with the Noalition s Head Girl Being senior but not being the P M Julie Bishop could be used to indirectly emphasise Indonesia s concerns After the accidental release of the document detailing the private discussions between Natalegawa and Ms Bishop on the sidelines of the United Nations General Assembly in New York the Indonesian embassy in Canberra said a document marked materials for press information distributed by Dr Natalegawa s office was not intended for distribution to media and was a mistake Such an unusually undiplomatic act demonstrated the strength of Indonesia s dissatisfaction with the Noalition s appalling performance 2 After Foreign Minister Julie Bishop summoned Beijing s ambassador to voice opposition to China s declaration of an air defence zone which overlapped an area also claimed by Japan then travelled to Beijing Chinese foreign minister Wang Yi made an unprecedented public attack on the Noalition Government I have to point out that what Australia has said and done with regard to China s establishment of the air defence identification zone in the East China Sea has jeopardised bilateral mutual trust and affected the sound growth of bilateral relations Doing so in front of reporters allowed in just prior to a meeting was an unusually deliberate rebuke Bishop risks losing exactly what Julia Gillard achieved only eight months ago a strategic partnership with annual talks with China s leaders Of the latter it was written It guarantees Australia access to the growing superpower at the highest levels and is being hailed by some as one of the most significant breakthroughs since Gough Whitlam s courageous step 40 years ago to establish diplomatic links

    Original URL path: http://www.businessspectator.com.au/news/2013/12/9/national-affairs/govt-looks-soothe-china-tension (2014-01-12)
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