Archive

Posts Tagged ‘Spain’

Robocop becomes reality with Spain’s Ex-Sight

April 17, 2012 Comments off

smartplanet.com


ALICANTE–The cyborg facial recognition of Robocop becomes a reality as Spain’s Ex-Sight technology equips police officers with the ability to scan 100,000 faces per second. They can then cross these images with whose in a database and, in moments, identify suspects.

The first widespread implementation of this technology is with the Brazilian police getting ready for the next World Cup and the 2016 Summer Olympics. ”The military police have a database of suspicious people they connect with our software, and our software runs inside the control center in every stadium,” says Elazar Lozano Vidal, of Ex-Sight Spain. There are cameras at each entrance of the sports stadiums. “The police have also cameras in the glasses, one of the lens is a screen and (the other) has a camera in the glass.”

Lozano says these Ex-Eye facial recognition glasses are used to scan every person that goes in front of these cameras, up to 100,000 faces a second, and that one well-situated police officer is enough to detect a crowd on a street.

The officer “moves his face and with the glasses detects a lot of people, and Read more…

Poor Man’s Gold is Breaking Out — Sell Your House and Buy Silver?

July 18, 2011 1 comment

businessinsider

   Investors have pushed silver above the recent channel high at around $39 or so per ounce and I fully expect a retest of $50 if any more talk is given about QE3 — Silver rises because of the rising digital money supply, not from speculation. Owning cash is speculative whereas owning metals is conservative or a safe haven at current prices.

Many people will tell you that silver and gold are in a bubble but the fact is that commodities in general are one of the only asset classes that work here because the consolidated banking system is holding our economy hostage and Bernanke is solely focused on saving the banks. Right now, shorting European banks and going long silver and gold looks to be about as good of a “trade” as possible — investors are essentially betting that Europe will face massive credit problems because of the obvious insolvency of Greece, Italy, Portugal, Spain, and Ireland.

The next shoe to drop is the US… We are facing the exact same issues as Read more…

The World Says China Will Overtake America

July 16, 2011 Comments off

peopleforum               wsj.com

In the past decade, anti-Americanism grew around the world. This was in response to concerns about the unchecked global power of the U.S., when it invaded Iraq in the face of very wide international opposition. In sharp contrast, today America is seen as on its way to losing its status as the dominant global superpower.
A new Pew Global Attitudes survey released today finds that while the U.S. is better regarded around the world now than it was in the Bush years, in 15 of 22 nations surveyed most say that China either will replace or already has replaced America as the world’s “leading superpower.” This view is especially widespread in Western Europe, where at least six in 10 respondents in Britain, France, Germany and Spain see China eventually overtaking the U.S.The emerging perception of China’s superpower status no doubt reflects global recognition of its growing economic might, and the fact that the U.S. is increasingly seen as trailing China economically. Nowhere is this more evident than in Read more…

Gold hits record high near $1,580 an ounce

July 13, 2011 Comments off

afp

The price of gold reached $1,578.73 an ounce at 1130 GMT on the London Bullion Market (AFP/File, Sebastian Derungs)

LONDON — The price of gold surged to a record close to $1,580 an ounce here on Wednesday, as investors switched into the metal for safety from the eurozone debt crisis, traders said.

The price of gold reached $1,578.72 an ounce by mid-day on the London Bullion Market, beating the previous record of $1,577.57 set on May 1. It later stood at $1,573 an ounce in afternoon London trade.

“Gold hit a new all-time high today as investors continue to fret over the European sovereign debt situation,” said analyst Ian O’Sullivan at trading firm Spread Co, noting that the metal has risen for eight days in a row..

“With Italy, Spain, Ireland and Portugal worries intensifying and now the Fed minutes suggesting some members were thinking about the need for additional easing, investors have just hit the panic buy buttons this week.

“We think that gold ma Read more…

A Microscopic Chytrid Fungus Is Causing Massive Declines In Frog Populations Worldwide

June 20, 2011 1 comment

nanopatentsandinnovations

A microscopic chytrid fungus is causing massive declines in frog populations all over the world and even the extinction of certain species. Together with colleagues from Europe and the USA, researchers from the University of Zurich present methods as to how the chytrid fungus can be combated in the journal Frontiers in Zoology: namely with bacteria and fungicides. However, the possibility of vaccinating the frogs is also being considered.

The midwife toad: a species that is particularly sensitive to the chytrid fungus.

Photo: Benedikt Schmidt

New pathogens are not just a growing problem for humans and livestock, but also wild animals. Along with the destruction of their habitats and the overexploitation of their populations, a disease caused by a chytrid fungus called chytridiomycosis is one of the three Read more…

Hike in worldwide food prices forces change in diet as more go hungry

June 15, 2011 Comments off

vancouversun

Costs rise 37 per cent in past year; more women, girls negatively impacted

Soaring food prices over the past year have prompted 17 per cent of Canadians to change their diets due to the higher cost of food. But Canadians haven't yet felt the full impact of raw food price increases, in part because of our strong dollar.

Soaring food prices over the past year have prompted 17 per cent of Canadians to change their diets due to the higher cost of food. But Canadians haven’t yet felt the full impact of raw food price increases, in part because of our strong dollar.

Photograph by: Noah Seelam, AFP, Getty Images, Postmedia News

Soaring food prices and health concerns are prompting people around the world to change what they eat, according to a new 17-nation survey done for Oxfam. And Canadians aren’t exempt from the trend.

Of the 16,421 people surveyed by GlobeScan, 53 per cent said say they’re no longer eating the same foods they did two years ago. Nearly four in 10 of those say some of the food they used to eat is now too expensive, while one-third changed their diets for health reasons.

“The rising cost of food is pushing more Read more…

EU ministers scramble to deal with cucumber crisis

May 30, 2011 Comments off

expatica

EU agricultural ministers Monday struggled to come to terms with a deadly bacteria outbreak suspected of stemming from contaminated cucumbers that has already killed 12 in Germany.

“One problem with Spanish cucumbers, and all of Europe is trembling,” Belgium’s minister Sabine Laruelle said on the sidelines of an informal meeting in Debrecen, eastern Hungary.

At least 12 people have died in Germany following an outbreak of enterohaemorrhagic E. coli (EHEC) found on imported cucumbers.

And several hundred more are being treated in hospitals for the highly virulent strain of bacteria, which can result in full-blown haemolytic uraemic syndrome (HUS), a disease that causes bloody diarrhoea and serious liver damage and which can result in death.

Around Europe, other cases — real or suspected — have been reported in Denmark, Sweden, Britain, the Netherlands, Austria, France and Switzerland, all of them apparently stemming from Germany.

Dutch agriculture minister Henk Bleker said Read more…

Signals Spain may seek bailout spelling disaster for eurozone

May 16, 2011 Comments off

rt.com

Violent protests against austerity cuts have broken out in Spain, as the country struggles to deal with record-high unemployment signaling that Madrid could possibly be next in line for an EU bailout.

Across the border, Portugal’s crumbling economy is desperate for a €78 billion rescue package. Read more…

Setbacks in Portugal and Ireland Renew Worry on Debt Crisis

April 1, 2011 Comments off

nytimes.com


 

Crispin Rodwell/Bloomberg News

Allied Irish Bank is one of several prominent financial institutions in Ireland in need of a rescue.

LONDON — A higher-than-expected budget deficit in Portugal and the need for more money to rescue Ireland’s failing banks have renewed fears that Europe’s debt crisis is worsening despite its sizable bailout fund.

Officials in Lisbon said Thursday that the country’s budget deficit last year was 8.6 percent of its gross domestic product, well above the goal of 7.3 percent. Although officials said the revision would not affect the government’s goal of reaching a deficit of 4.6 percent of domestic product in 2011, the news was a reminder that, even after the problems from Greece’s fraudulent deficit statistics, some numbers from the euro zone remain unreliable.

Also Thursday, Ireland’s central bank announced that four of the country’s most prominent financial institutions would need an additional 24 billion euros to cover sour real estate loans, a move that pushes the Read more…

IMF Prepares For “Threat To International Monetary System”

March 26, 2011 Comments off

zerohedge.com

Back in April 2010, before Waddell and Reed sold a few shares of ES, effectively destroying the market on news that Europe was insolvent, we made the following observation: “The IMF has just announced that it is expanding its New Arrangement to Borrow (NAB) multilateral facility from its existing $50 billion by a whopping $500 billion (SDR333.5 billion), to $550 billion.” Little did we know that our conclusion “something big must be coming” would prove spot on just a month later after Greece, then Ireland, then Portgual, and soon Spain, Italy, Belgium, and pretty much all other European countries would topple like dominoes tethered together by a flawed monetary regime. Well, based on news from Dow Jones we can now safely predict the following: “something bigger must be coming.” As if the IMF’s trillions in open lending facilities (many of which have recently been adjusted to uncapped) were not enough, we now learn that the world lender of last resort (which in theory is the Fed, but apparently Bernanke has been getting a little Read more…

Categories: IMF Tags: , , , , , , ,