Month: June 2012

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Top 50 websites install average of 64 trackers on your computer

Living in the digital age has created new opportunities for advertisers to track more data than ever before. The Internet has revolutionized the marketing industry by the pure volume of data they’re able to record from visitors on their site. However, the gross majority of info these agencies collect is done without the user’s knowledge

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Be very careful what you say in Sri Lanka

As a international traveler, it is essential to know the economic and political environment of any place you visit. With the advent of the Internet, countries are becoming quick to censor any form of political dissent and use force quiet resistance. In another attack on freedom of the press, the Sri Lankan government recently

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Soon everyone might be using the renminbi

Over the past couple years China has been making strides to expand the use of the renminbi for international trade as apposed to using the US dollar as an intermediary. With a growing Chinese economy and a weakening USD, increased use of the renminbi protects global trade from the desperate moves made by the US

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It’s time to connect the dots

June 29, 2012 Tel Aviv, Israel This week may very well go down as ‘connect the dots’ week. Things have been moving so quickly, so let’s step back briefly and review the big picture from the week’s events: 1) After weeks… months… even years of posturing and denial, Spain and Cyprus became the fourth and fifth

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EU steps up against facial recognition

Personal privacy is always a major concern and today’s technology makes your personal privacy more vulnerable than ever. New facial recognition software makes it easy for the government and companies track your all of your movements. In a promising move for privacy advocates, the EU will be mandating that companies make their customers

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This country has the “best performing prime residential market in the world”

Real estate bubbles have scared many investors aways from potential housing hotspots. The housing bubble of 2007 along with current bubbles like the one in Burma, create major uncertainty for investors. However there appears to be a rapidly growing market for luxury homes in Kenya that’s based on sound growth and economic fundamentals. CNN reports on

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Chinese company prepares for platinum boom

The precious metals market has taken a beating recently however this trend hasn’t scared off Chinese mining investment. In addition to their deals with mines in Mongolia and Chile, a Chinese mining company has now moved into the South African platinum market. In spite of the market uncertainty, the acquisition still poses big opportunities. The Asian

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India and Afghanistan envision a “new silk road”

There is a rich legacy of trade from India through the Middle East. The historic Silk Road was a highway of merchants and nomads that brought wealth and commerce to cities along the route. In an attempt to revitalize the trade corridor, India has been pushing for increased investment in Afghanistan. BBC reports

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Obama claims Individual Mandate is not a tax…Supreme Court disagrees

Flip-flopping is unsurprisingly common in politics and Thursday’s Supreme Court ruling on the individual mandate is another example how the Obama administration changes its rhetoric whenever it’s convenient. In 2009, President Obama repeatedly claimed that the individual mandate was not a tax increase, however, the Supreme Court just ruled it constitutional based on

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Myanmar’s huge real estate bubble is about to burst

There has been much buzz surrounding the recent economic reforms underway in Myanmar, however the amount of hype surrounding this up and coming nation is overblown. Not to say Myanmar doesn’t have great potential, but the country is currently experiencing a real estate bubble of epic proportions. The Global Post discusses the causes behind

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Uranium Mining: Sorting fact from fiction

After the massive earthquake rocked Japan and lead to the Fukushima nuclear disaster over a year ago, many environmentalists have pushed heavily against nuclear power initiatives. Around the world and recently at a site in Virginia, activists have been protesting against the mining of uranium citing “health risks” that the process involves. In an recent article, Reason analyses

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Biggest cyber bank robbery in history

Cyber security threats pose a greater danger today than they ever have as more systems are interconnected via the Internet. With governments employing cyber-weapons like Flame and Stuxnet along with rogue hacker groups like Anonymous, cyber-attacks are becoming all the more common. An attack to over 60 banks recently discover by McAfee, has

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Mongolian mining hurt by animosity towards China

Historically, China has been the subject of serious animosity from their neighbor Mongolia and now that China has become an international power, the animosity has intensified. As China’s domestic metal reserves shrink, they have been looking to import resources from countries like Chile, Brazil and especially Mongolia. However, Mongolia’s fears of being economically dominated by

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What is secretly eating away at your 401k

The goal of investing in a 401k is to make money for your retirement, however, in a volatile market, losses taken can drastically impact your nest egg. In addition to the risk of investments, if you’re using mutual funds in your 401k you could be paying exorbitant fees even when you lose money. CNN explains danger of hidden

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And you thought your government told big lies…

June 27, 2012 Yerevan, Armenia Despite being neighbors, there are no flights between Tbilisi, Georgia and Yerevan, Armenia. No reason to bother with air travel from one poor country to another, I suppose, the demand just isn’t there. So I opted for the train. Specifically the overnight Armenian train. And everything about it is a throwback

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