Goldman Sachs says buy Australian shares

•August 29, 2015 • 2 Comments


Surging global volatility that has left seldom a market untouched this week has cast a light on an old faithful: high yielding Australian equities.

In an Asia Pacific strategy note, Timothy Moe, a highly respected Goldman Sachs Asian equity analyst, said high yielding Australian shares looked attractive in a region unsettled by China’s plunging sharemarket.

“A shock to growth expectations and faltering confidence in policy are at the centre of a self-reinforcing downward price dynamic in regional equities, which have fallen into bear market territory,” Mr Moe said.

The catalyst for improvement would be stable-to-better economic data from China but key data was more than six weeks away, he said.

A flight to dividend-paying stocks is among Mr Moe’s moves in the uncertain Asian financial landscape, with Australia firmly in view with the themes of stable growth and dividend yield.

Mr Moe said Australia’s sharemarket, with a dividend yield of 5.1 per cent, eclipsed its regional peers. Australian companies also have a relatively low debt to equity ratio at 40 per cent for the top 100 countries.

There is room to move in the policy space, with an interest rate level at 2 per cent compared with global peers at or near zero. Australia’s government debt is relatively low at 23 per cent of GDP.

Mr Moe said resources stocks now made up less than 15 per cent of the top 200 companies, which implies less exposure of our index to falling commodity prices.

The high dividend yielding stocks on Goldman Sachs’ list are Woolworths, with a dividend yield of 5.2 per cent, QBE Insurance Group, yielding 3.5 per cent and expected to grow to 4.9 per cent in 2016, and Amcor, at 4.4 per cent.

Other selected stocks are AGL Energy, APA Group, Sonic Healthcare, Coca-Cola Amatil and ALS.


they must be holding quite a few then if they are advertising for buyers..


NASA announces collaboration with YYESIT LLC in development of health care technology

•August 29, 2015 • Leave a Comment


The Innovative Technology Partnerships Office (ITPO) at NASA’s Goddard Space Flight Center in Greenbelt, Maryland, signed a five-year Cooperative Research and Development Agreement with YYESIT LLC of Baltimore to co-develop a product that will offer an innovative way to provide monitoring, interpreting and reporting activities against safety and quality protocols, with an initial focus in the area of safety and quality compliance.

YYESIT developed and patented technology that uses visual and auditory recognition for monitoring and tracking a wide variety of actions in a number of different settings, focusing first on healthcare safety and quality.

NASA, particularly the Goddard Software Engineering Division, is seeking to continue to advance its work in the areas of image processing, computer vision, intelligent decision making and optimization between centralized (or ground) and “onboard” payload data processing.

“For NASA, this Technology will support the development of software that will serve as a test bed to validate new methods related to distributed spacecraft missions and to sensor webs,” said Jacqueline LeMoigne, Goddard’s assistant chief technologist for the Software Engineering Division.

NASA will benefit from the development of the monitoring, interpreting and reporting technology in support of its own internal quality and safety requirements. For example, this technology could be used to track the personnel in a clean room environment to ensure that all safety procedures are followed.

“This agreement will benefit both YYESIT and NASA. This collaborative effort will enable the development of technology that will be usable to improve future NASA science missions utilizing small spacecraft platforms such as CubeSats and SmallSats and also benefit the healthcare sector by improving various quality and safety measures, such as hand washing compliance, required in healthcare and food service industries.” said Nona Cheeks, ITPO’s office chief at Goddard.

Tony Deasey, YYESIT’s CFO said, “YYESIT is very excited to have the opportunity to collaborate with NASA to co-develop our leading edge technology that will dramatically improve the effectiveness and efficiency of video and audio monitoring in a wide variety of settings through reduced reliance on human observers.  We are also very excited to have been chosen as a partner for NASA to apply their well tested mission based technologies in a commercial setting and particularly to facilitate their application to improve healthcare outcomes.”

YYESIT is a technology company dedicated to developing an advanced visual and auditory observation system that reduces reliance on human observers and improves the effectiveness of monitoring systems in a broad spectrum of activities and environments while enabling the capture of key activities for analysis and improvement.


cant NASA just stick to doing real things? flying to the moon and sending humans to mars..


Will South Sudan peace deal be worth the wait?

•August 28, 2015 • Leave a Comment



They waited and they waited in the big tent adorned with chandeliers and fairy lights as the temperature gradually rose.

They have been waiting a while for peace in South Sudan, so weren’t surprised to wait a few hours more for the nitty-gritty of an agreement to be ironed out before the show began.

The leader rarely photographed without his broad-rimmed trilby hat entered the tent with much acclaim, and finally put his name to South Sudan’s latest hope for peace.

On the stage, five flags wafted in the breeze of a dozen fans. It was the combined weight of those flags which forced both leaders into submission.

Kenya, Ethiopia, Uganda and Sudan have been instrumental in bringing the two sides to the table.

And the people of South Sudan are sick of war.

South Sudan’s President Salva Kiir had been given 15 days to sign on the dotted line after his rival, the vice-president turned rebel leader Riek Machar, agreed to terms set by an international panel of mediators last week.

A brass band dressed in red with a lavish gold trim added to the pomp and ceremony.

Each visiting head of state gave their comments in turn.

President Kenyatta of Kenya hinted that the long day’s discussions leading up to the ceremony had been hard, saying there’s no such thing as “a perfect agreement”, but it’s better to find a solution around a table rather than on a battlefield.

“Don’t see the obstacles,” he said, “but the opportunity and hope.”

The elder statesman, Ugandan President Yoweri Museveni, rebuked President Kiir, calling the fighting in South Sudan “the wrong war in the wrong place at the wrong time”.

Up until the last minute it wasn’t even certain if President Kiir was definitely going to sign, with his “registration of serious reservations.”

He even handed out photocopies of his list of reservations – and they weren’t small points, but major differences.

He made a theatrical point of initialling a copy on every page – and unsuccessfully urging the other heads of state to do likewise – before finally putting ink to paper on the aptly called Compromise Peace Agreement.


salva only signed out of fear of UN sanctions..this deal looks as flimsy as a miley cyrus dress in a hurricane..

“Kenya, Ethiopia, Uganda and Sudan have been instrumental in bringing the two sides to the table.”



August 2011: Krugman calls for space aliens to fix the U.S. economy

•August 28, 2015 • 12 Comments

Is an American economist, Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University, Centenary Professor at the London School of Economics, Distinguished Scholar at the Luxembourg Income Study Center at the CUNY Graduate Center, and an op-ed columnist for The New York Times.

Krugman was born to a Jewish family.

Krugman earned his B.A. summa cum laude in economics from Yale University in 1974 and his PhD in economics from the Massachusetts Institute of Technology (MIT) in 1977 with a thesis titled Essays on flexible exchange rates.


i think hes been channeling ronald RAYGUN..


Universal flu vaccine comes closer

•August 28, 2015 • 20 Comments


Researchers say they are closer to developing a vaccine to give life-long protection against any type of flu, after promising trials in animals.

Two separate US teams have found success with an approach that homes in on a stable part of the flu virus.

That should remove the problem with current flu vaccines which must be given anew each year because they focus on the mutating part of the virus.

The proof-of-concept work is published in Science journal and Nature Medicine.

Studies are now needed in humans to confirm that the method will work in man.

In the meantime, experts say people should continue to receive an annual flu jab because vaccination is still the best way to protect yourself against infection.

Conventional flu jabs target molecules on the surface of the flu virus, but these are constantly changing.

Imagine the flu virus as a ball with lots of lollipops on stems sticking out.

The lollipops change year to year, but the stems remain the same.

It is the stems that scientists are now focusing on as a target for a universal flu jab.

Many different research teams have been testing potential candidates, but it has been a technical challenge to make something that can be used in a vaccine without involving the lollipop ‘head’ of the hemagglutinin molecule.

This latest work seems particularly promising, according to Prof John Oxford, a flu expert at the University of London.

He called the results a “red letter day” for science.

“This is a leap forward compared to anything done recently. They have good animal data, not just in mice but in ferrets and monkeys too. And they’ve done it with the bird flu virus H5N1,” he said.

“It’s a very good stepping stone. Ultimately, the hope is to get a vaccine that will cover a pandemic virus.”

Prof Sarah Gilbert, Professor of Vaccinology at University of Oxford, said: “This is an exciting development, but the new vaccines now need to be tested in clinical trials to see how well they work in humans.”

“This will be the next stage of research, which will take several years. So we are still some way from having better flu vaccines for humans,” she added.


“closer to developing a vaccine to give life-long protection against any type of flu, after promising trials in animals.”

line up..line up..roll up your sleeve and receive the life time flu shot..guaranteed to protect you against viruses that dont even exist yet!..what a miracle jab!


Saudi women register to vote for the first time

•August 28, 2015 • 18 Comments


Two women in Saudi Arabia made history last week when they became the country’s first registered female voters, according to local media.

“The participation of the Saudi women in the municipal elections as voters and candidates was a dream for us,” Jamal al-Saadi, one of the women who registered, told the Saudi Gazette. She added: “I was quite ready for this day.”

A handful of women, including an 18-year-old, registered in Medina and Mecca, where the process began early. Voter registration opened up in the rest of the country on Saturday, and candidates can begin signing up Aug. 30. Men and women will vote in separate polling places.

Registration day was a long time coming for women such as Saadi. In 2011, the now-late King Abdullah announced that women would be allowed to vote and run as candidates starting in 2015. Municipal elections, which began in 2005, are the only such contests in the monarchy, and those elected have limited authority. The share of elected municipal council seats will increase from one-half to two-thirds this year; the rest of the seats are appointed.

Activists welcomed the opening up of polls to women, but many said that it fell short of leveling gender inequalities in the ultraconservative country, which adheres to a strict interpretation of sharia law.

Women in Saudi Arabia cannot legally drive and need a “male guardian’s” permission to travel or work, restrictions that leave Saudi women extremely dependent on men. Saudi Arabia ranked 130 out of 142 countries in the 2014 World Economic Forum global gender gap report. Only about 13 percent of women work, even though more than half of Saudi graduates are women,according to Saudi governmental statistics.


“Two women in Saudi Arabia made history last week when they became the country’s first registered female voters, according to local media.”

sisters are doing it for themselves!



Jewish leader warns west will “pay heavy price for appeasing Iran”

•August 28, 2015 • 2 Comments

A Jewish community leader in the UK has warned that western governments will ‘pay a heavy price for appeasing Iran’ a month after six world powers signed a historic nuclear agreement with Tehran.

Board of Deputies of British Jews President Jonathan Arkush also urged the UK government to “keep up the pressure on Iran” over its support for terrorist groups and human rights abuses following the re-opening of the British Embassy in Tehran on Sunday.

His comments were echoed by former secretary of state for communities and local government Eric Pickles, who warned that Iran must stop threatening Israel.

The Board of Deputies president cited Iran’s funding of Hezbollah and its alleged role in the 1994 bombing of a Jewish cultural center in Buenos Aires as examples of Iran’s involvement in international terrorism.

Arkush also referenced the suicide bombing of a Bulgarian bus transporting Israeli tourists in 2012, which Europol suspects Hezbollah was involved in.

Both Hezbollah and Iran have denied involvement in the terror attacks.

The Board of Deputies president was clear in his rejection of the nuclear agreement signed last month by Iran and six leading world powers – China, France, Germany, Russia, the UK and US.

The landmark deal promised the end of international sanctions against Tehran in exchange for putting restrictions on its controversial nuclear program.

The Board is fearful that western democracies will pay a very heavy price for their appeasement to a rogue dictatorship and will come to regret bitterly the enthusiasm to reach an accommodation with an utterly cruel and untrustworthy regime,” Arkush said.

UK Foreign Secretary Philip Hammond, who was involved in the negotiations, has said the agreement was the only alternative to war.

The real alternative to a deal that prevents Iran building a nuclear bomb almost at some stage would have been war. What we have averted with this agreement is the threat and a prospect of a war,” he told parliament last month.


yada yada yada..

“The Board of Deputies president cited Iran’s funding of Hezbollah and its alleged role in the 1994 bombing of a Jewish cultural center in Buenos Aires as examples of Iran’s involvement in international terrorism.”

have a look in your own backyard first..

“The real alternative to a deal that prevents Iran building a nuclear bomb almost at some stage would have been war.” would be war if you bombed them outright but what do you expect?



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