Thursday, August 25, 2011

Bank of America: Could it fail and start another financial crisis?

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Commentary about business and finance.

A Bank of America sign it seen outside a bank branch in Arlington, Virginia. Click image to expand.While nobody was looking, America's largest bank approached the brink, tested the wind, lifted a foot, and started teetering. Well, to be fair, some people were looking. Wall Street has been worried about Bank of America for the better part of a year. Its stock price has declined from about $15 a share in January to a low of $6.01 this week, shedding nearly 30 percent of its value in the past month alone. There are rumors that JPMorgan will take it over. There are suggestions that Treasury Secretary Timothy Geithner should bail it out. There is talk of another credit crunch. Bank of America might just be the beginning.

All speculation aside, Bank of America is not in great shape. To meet its capital requirements, the bank has been forced to sell off good assets along with bad. Over the past year, it has shed more than a dozen divisions, including its profitable overseas credit-card operations, its Balboa insurance unit, a stake in the money manager BlackRock, and a mutual fund company.

Moreover, after absorbing tens of billions of dollars in mortgage-related losses in the past three years, Bank of America faces tens of billions more. It has hundreds of thousands of delinquent mortgages and second loans on its books. The state attorneys general are working on a deal on the foreclosure fraud scandal that might cost it billions. Independent analysts estimate the bank faces $16.4 billion to $36.1 billion in further housing-related losses, both from delinquencies and litigation. No other bank is more exposed to the continuing woes of the housing market.

The bank itself admits the picture is not bright. "Obviously, the solid performance in our underlying businesses continues to be clouded by the costs we are absorbing from our legacy mortgage issues," Chief Executive Brian Moynihan wrote in a frank note reporting second-quarter losses last month. "We intend to continue our efforts to put the mortgage uncertainty behind us, build capital through the strength of the franchise, and deliver the returns for shareholders that we owe them."

That is hardly a rallying cry. And it is downright Pollyannaish compared with what some prominent analysts are saying about BofA.

In one corner sit the true pessimists: analysts who believe BofA's assets are worth far less than estimated, meaning the bank needs to sell new shares in a bearish market or keep heaving its best units overboard to stay afloat. Most vocal is Henry Blodget, building on work by influential financial bloggers Zero Hedge and Yves Smith. Blodget believes that BofA will exhaust its mortgage-litigation reserves and is overvaluing some housing-related portfolios to the tune of $200 billion. The concerns might be overblown. But the market is taking them seriously. The cost of insuring against BofA's default has gone through the roof. And investors are selling off BofA shares into a cratering market.

In the other corner sits a pool of analysts who believe that Bank of America remains stable, if weak. Richard Bove, a prominent analyst at Rochdale Securities, says BofA has "no reason whatsoever" to raise more capital. Meredith Whitney agrees that there is no crunch and recommends the bank keep writing down mortgage losses, selling units, and muddling through the foreclosure mess. All these "rosier" analyses point to Bank of America's cash reserves and cash flow as resources that should allow the bank to keep its bills paid and lights on.

On Tuesday, Bank of America stood up for itself, calling Blodget's analysis "exaggerated and unwarranted" and saying his numbers were off. The statement seems to have restored some modicum of confidence, as shares bounced back 11 percent to $6.99 on Wednesday.

Unfortunately, this story is bigger than America's biggest bank. Bank of America is just the most badly bruised fruit in a rapidly rotting basket. When the recession ended, the entire banking sector rebounded, facing less competition and plenty of help from Uncle Sam (or is that Uncle Ben?). Many companies widened their profit margins. Some even saw record profits.

But the real economy never bounced back. Families never got back to buying big new houses. Consumers never got back to spending their money. Businesses never got back to hiring new workers. Companies never got back to investing in themselves. And when government spending started to taper, too?well, for a business in the business of lending money, there just wasn't enough to do. Banks cannot really make money in a world with 9.1 percent unemployment, Europe in crisis, the housing market in the tank, and sluggish growth. Banks are mostly still in the black, but earnings are rapidly declining.

It is not just Bank of America that Wall Street is getting bearish on. Wall Street is getting bearish on itself. Analysts have slashed profit estimates for retail and investment banks. And share prices have stumbled for many of them as well. Indeed, indices of banking stocks have fallen twice as much as the broader stock market. So worry about Bank of America?which, if it is not facing an immediate crisis, is still looking at a very difficult path to profitability. But worry more about the real economy and the banks that rely on it.

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Annie Lowrey reports on economics and business for Slate. Previously, she worked as a staff writer for the Washington Independent and on the editorial staffs of Foreign Policy and The New Yorker. Her e-mail is .

Photograph of Bank of America by Saul Loeb/AFP/Getty Images.

Source: http://feeds.slate.com/click.phdo?i=08e18b46a216cf79a522fe3e2bfe2dd4

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Glencore sees opportunities in volatility as H1 rises (Reuters)

LONDON (Reuters) ? Commodities trader Glencore (GLEN.L) posted a 50 percent rise in first-half profit despite tough trading markets and said it saw potential opportunities emerging from current market turbulence as commodity demand remains strong.

A robust outlook and a more modest than expected quarter-on-quarter drop in its closely watched marketing business comforted investors, who sent the stock up as much as 6 percent in early trade.

"As we look across the board, we still see demand looking strong in Asia, the Chinese see buying opportunities... so commodity prices are resilient at the moment," Chief Executive Ivan Glasenberg told reporters.

"The turmoil in the market has allowed us to look more aggressively at opportunities, because not everything is as high priced as it was a few months ago."

In what was read as a sign of confidence in commodities markets from the world's largest diversified commodity trader, Glencore announced on Wednesday it would spend $280 million buying shares in Australia's No 2 nickel producer Minara (MRE.AX) that it does not already own. [ID:nL4E7JN4IR]

Glencore has said that the ability to seize acquisition opportunities thrown up by market conditions was a key reason for its listing earlier this year, when it ended almost four decades out of the public eye.

Glencore reported an adjusted earnings before interest and tax (EBIT) of $3.3 billion, in line with forecasts, while net income rose 57 percent to $2.45 billion.

Shares in the group, which have been battered during the market rout, were up 2.6 percent at 0751 GMT at 399.7 pence, outperforming the broader sector but still well below its listing price of 530 pence.

"Post IPO Glencore has more closely tracked the investment banks and traders than its mining peers... We believe the reason is fear of declining commodity trading profitability and access to liquidity," Liberum analysts said in a note.

"Marketing's first-half EBIT is up 45 percent year-on-year, indicating Glencore can thrive in difficult trading markets."

OIL TO IMPROVE IN Q3

Operating profit for Glencore's whole trading, or marketing division rose 45 percent year-on-year in the first half, but dipped in the second quarter against the first, as improved metals struggled to make up for weaker earnings in energy products where volatility had boosted arbitrage opportunities in the first three months of the year.

"The second quarter has been tight, there has been massive volatility in the oil price and there was no trend in the business... The opportunities, the fundamentals of the business did not present themselves," Glasenberg said.

"The third quarter is starting as not bad, but it does not look like it will be in the region of the first quarter."

Quarter on quarter, oil trading income fell 37 percent but over the half, income from oil trading was still more than double a year ago.

Rival trader Noble (NOBG.SI), seen by many as one of the closest models to Glencore's on the trading side, saw earnings from its metals, minerals and ores division recover in the second quarter after a dip in the first three months.

On the industrial side, which includes Glencore's metals, energy and agricultural production, operating profit rose 54 percent, boosted by higher commodity prices.

Glencore said the bulk of its projects were on track but had seen delays at its Prodeco coal project, where it was forced to cut production forecasts after delays in the delivery of mining equipment from Japan.

(Reporting by Clara Ferreira-Marques; Editing by Kate Holton and Mike Nesbit)

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20110825/bs_nm/us_glencore_brief

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Wednesday, August 24, 2011

Articles 20VN | Customer Support Forums - How They Help Online ...

It seems like consumers today spend almost every waking minute connected to the internet. They research, blog, and buy things mostly, but there's a growing group of people passing judgment online. While many customers who pass judgment can be controlled, most companies have no idea how much power they can have over the whole process.

One of the most powerful tools on the internet is word of mouth referrals, most commonly published in the form of customer reviews. They might not seem to be a valid form of company review considering most online referrals are extremely one-sided and subjective. However, the most influential form of copywriting your business is going to receive likely comes from these emotional, anonymous customer reviews. They can have a major outcome on your online business.

What if all of your customers - both happy and unhappy - had a home base for their commentary? Consumers like the thought of having a place to tell their story about your service, offer suggestions and vent frustrations, and have their questions answered timely and accurately. Businesses like not having to worry that customers are ruining their reputation by writing about some unfortunate bad experience from 6 months ago and having that experience portrayed online as a business norm.

If more online-only companies opened customer support message board forums on their websites, they might have a lot less to worry about when it comes to their online reputation.

Most websites offer 24-hour chat lines that can provide live support for customers, or have detailed FAQ sections that answer customer questions in a long list of "Q&A" format. Companies that open an online forum put their customer support staff to work just like live support by phone or online chat. In contrast, message boards allow active customers to assist the customer support moderators in answering common questions. Forums also create a network of quality and trustworthy brand evangelists who can help you manage your brand online.

Software websites seem to be the source of most customer support forums because web developers often require the posting of coding examples for their specific questions. In recent months, though, subscription-based online companies like GetMyHomesValue.com and RealNetworks have added support forums to their customer-centric websites. These message boards provide a great way to manage subscriber communication in a real time manner transparently.

Answering commonly asked customer questions is often the best way to launch a support forum. Threads from a message board are indexed by search engines quickly and easier to read when compared to live chat or FAQs. Frustrated customers with a competing service provider could potentially learn about your company by reading a support forum answer to a common question they have about the competitor's service. Forums are also generally non-intrusive and can be read on a customer's time, while live support or FAQs can be a waste of a customer's time.

Support forums are also a great way to take the power away from negative review websites when a customer has issues. One easy way to lead consumers to your support forum is to have customer service reps refer commentors to your support forum with a simple comment link. With customer support forums, you can address a customer issue, tell your side of the story, Start a thread on your forum addressing the negative review, tell your side of the story, and provide documentation of a solution to the customer's gripe.

Message boards may seem very outdated to online businesses as everyone is trying to find ways to apply social networking to their business. But these "old school" forms of internet communication can still provide serious benefit to companies that generate income from the web. Support forums not only provide a place to assist the customer service department, they also provide a way to market new products to the best candidates - word of mouth brand evangelists.

Source: http://www.20vn.com/customer-service/customer-support-forums-how-they-help-online-businesses-5c4.htm

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Adding Revenue to Your Work from Home Internet Business

Numerous individuals, from all avenues of life, are making the decision to work from home. You will find an unlimited number of work at home business suggestions; nevertheless, the internet has probably the most possible.

Internet web sites are often developed for personal or business use. What once may have been regarded as a personal site might now even be used to make cash. Affiliate programs, generally referred to as associate programs, are a way for website owners to make money through web advertising. Affiliate programs work by connecting individuals to another web site. You will find an extensive number of popular national companies who make use of affiliate programs to boost the traffic to their website.

People who have their own web site will generally show a banner or link to a particular website. The linking website is often a company that sells something. Affiliate programs are profitable to web site owners simply because whenever an web user signs up for something or buys a item, they?re compensated commission. Affiliate programs are an effective marketing method that offer advantages to everybody involved. Web site owners are paid for their participation and also the businesses on the other end are promoting and selling their goods.

Deciding to participate in an affiliate program is a pretty simple procedure and can sometimes involve little work. If you are a web site owner, the more function you do on your website, the more most likely you are to receive affiliate clickers. This is due to search engine optimizations. Numerous articles or topics inside a web site include keywords that search engines might choose up. If an individual is searching for information on well-liked children?s toys and your website has articles or information concerning them, they may be linked to your website. Internet users adore to see new articles, information, or goods. For this reason, constantly updating your web site may bring in new visitors and also maintain existing visitors coming back.

Creating a web site may be for enjoyment or a part of home employment. Home employment is on the rise and many people are making the decision to work from their home. Home employment allows parents, elderly, or disabled individuals to work from the comfort of their home. Even though these people are typical work from home people, almost everyone has the ability to work from inside their home.

A work from home internet business can including selling merchandise or offering a service. For example, numerous individuals sell homemade or wholesale merchandise or some provide their web design or writing skills. Affiliate programs are an effective tool in obtaining extra profits for a work at home internet business. Even though affiliate programs are used and are widely well-known among internet businesses, they are also successful with personal websites. Blogging has greatly increased in popularity. In fact, a large number of internet users have a blog. It?s possible to link up affiliate programs with a blog.

Affiliate programs are becoming really well-liked among website owners or bloggers. It?s a very simple method to acquire additional profits through an existing work from home web business. It?s great programs, like affiliate marketing programs, that allows many people to successfully work from home and make a profit.

If you want more information on make money online, don?t read just rehashed articles online to avoid getting ripped off. Go here: Make money online

Source: http://cash-money-online.gditutorial.com/best-make-money-online/adding-revenue-to-your-work-from-home-internet-business/

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The low yield factors were analyzed. | Video Conferencing Software

We have to achieve high targets of productivity by vertical expansion as horizontal land expansion is just not possible. Passing on information to farmers is basic fundamental of any extension activity. Factors influencing communication range from person, his personality, his social relation, knowledge, the social and economic parameters of farmers. The technologies for the site-specific field operations and automated data recording are available, but precision agriculture rarely involves them for improvement. The decision have to be supported with information not only on marketing, international safety stands but also on a law regulating agencies and regulations too. 5. With use of DDT the toll of death reduced to 17 in 1963. 3. The knowledge of computer hardware, software as well interlinking the information dissemination channels and outlets is essential. 1. Therefore courses on I&C with computer applications is must. The buzz word for future in this regard is intelligent pest Management (IPM). Our Agricultural exports from 12 agricultural items has been up and now we export around 18.45% agricultural good in the shape of apiculture, floriculture, fresh fruits, mushroom, spices, sugar, molasses, rice, tropical fruit juices, pulp, concentrates and even agro-chemicals. This rotation of modernity and traditionality taxed us heavily. The global market access opportunity limit of 3% import shall further complicate the issues. Reduced soil depth has resulted into low productivity, increases soil runoffs and drought like conditions. The STAR (Speedy Transmission after reception) service provides access to digital satellite data products in full resolution or compressed format within 12 hrs of a Satellite overpass. 4. The questions often asked are, can we sustain or even maintain our productivity levels by resorting to the organic farming?. 2. A Comprehensive study of 23 review papers and a dozen book and journals was presented by (Wani 2005). Resource conservation & proper utilization needs adequate knowledge, which could be obtained through advanced satellite system and relied back through communication mechanism. The available communication facilities for agricultural information in 15 states of India were studied. In Mahrastra a survey showed that the depth of black soil was 60 cms in 1910 which has reduced now. Technology awareness and application is must to produce more per unit of land. We left our traditional organic farming for adopting chemical farming, which landed us in trouble. The role of politics and politicians should be minimal in national extension delivery system. A mixed agriculture University and Education set ups is our necessity. Annually we loose 5000 Million Tones of top soil with NPK losses of 5-8 Million tones per year. It is not only the yield which matters, but the benefit /cost ratio. If we think of Asia specific Agriculture, we have to play a significant role in the region which has 60% of the world population. The high yielding varieties and new technologies were webbed with chemical farming. Joint problem solving sessions and communications networking of information on agriculture has improved sugarcane production in Mauritius (Jhoty et al; 2001). We have 65% small and marginal farmers whose awareness potential is low. Their knowledge expectation, experiences and perception needs monitoring and evaluation before technology transfer. The globalization of agriculture marketing has put forth new challenges. 6. Quality assurance, means strengthening resources, information and maintenance of educational infrastructure. A new model of mechanics in Agricultural and allied curricula is to be integrated, unified and fine tuned to end results. He has to be well versed with objectives, problem, targets and implementation process. The export needs knowledge and new inventions need patenting. More participation of farmers in planning and execution of project like mega seed or mission horticulture is needed. By now, we face land degradation problems in 173 million hectares which is around 53% of cultivated land. Over 65% of our farmers are small holders. The whole system of National Agricultural Research, extension and field functionaries have registered a fatigue. We have to use more technology based cropping system to increase productivity per unit land. We have 45-50 state/deemed or central agricultural Universities and 200 general universalities with 48 agricultural faculties. A new concept of Farmer school with communication system can resolve 70% problems of farmers on spot. Economic constraints, situational factors and communication gaps on crop production, protection, seed treatment and fertilizer application were found responsible for it (Jaiswal et al, 2002). The communication networking has to become cost effective. Fruits, nuts and vegetables have increased our export earnings. However a total connectivity is needed with farmers, farm organizations and utilization departments to harvest the gains of technological reforms to increase our exports. 8. The students-teacher relationship has raised to spiritual horizons. This network may consist of an open software platform, which can be operated by the farmer himself. State Agriculture Management and Extension Training Institute (SAMETI) may help to make adjustments in our farming system so as to integrate agriculture, aquaculture, water conservation and livestock rearing with new technology driven profit earning enterprises. The technological know how generated over years is still on shelf. Academic quality, Accreditation; Desired knowledge, Assessment, Skill and competence building and academic audit. Thus we need to regulate grants and centre-state relations rationally. Access to education and training to people below the poverty line, rural youth and women is to be ensured. We do have a chance as our yields are lower than many counties and even our neighboring countries (Samra & sastry 2002). The Blending of modern technology of today and traditional technology of yester years, may answer this question. The technologies generated are mostly for commercial farmers. Even today we have critical gaps existing in productivity of food grains between technology using farms and traditional farming practices. In Mahrastra a survey showed that the depth of black soil was 60 cms in 1910 which has reduced now. The effect of rooting zone restriction (RZR) on vegetative and reproductive growth of fruit trees viz grapes, peach and citrus has been investigated. The small holders have not only limited hold on land but on information too. These have been strengthened in the SAU and ICAR institutions in the last few years. The new pressures of Global marketing. The barriers of customs, veil, religion and social bondages could be overcomed by educating them through TV, cassettes, e-mails or other modern communication appliances. Even today we have critical gaps existing in productivity of food grains by use of technology and those produced at traditional farmer?s field. Growth rate of 1-2% has put pressures on our economy. The ways and means in this direction shall be discussed in this paper. Annually we loose 5000 Million Tones of top soil with NPK losses of 5-8 Million tones per year. 3. Therefore, ICAR has to formulate policies and programmes in Agri-export orientation. 2. This is important as consumption rates, purchasing power and employment prospects increase. Even the word Bauern or Landliche Gebiete (German), peasant or country side (English) campagne, brousse/paysan(French) and Campo/Campesino Spanish denote that extension work is a mission. In urban India we use 1000 crores of pestices in domestic homes. About 18% of it has turned as shallow land. We produce 10,000 under graduate 5500 post graduates and 1600 Ph.D in agriculture every years . We can announce technology practices or even demonstrate them. Therefore, we need our own innovative educational and training policies. Our aim to double our per hac productivity needs more technical manpower in extension, industry and at gross root level. Therefore , a vast potential and resource is hidden in it. Unfortunately our food grain-production pace has declined. The impact of integrated approach utilizing computers in agricultural information & dissemination in Greece and Poland was studied. Now we do talk of ecologically based pest management instead of integrated pest Management (IPM) . The scientific out put in agriculture is highest in USA with 27 lac publication/year followed by Japan, Germany, U.K, France, Canada, Italy, Russia, China and Australia. (Wang et al. Training skills, up-gradation and rural orientation at University level, refinement and more innovative participatory mode at farmers field. Thus, the knowledge and experiences of farmers, psychological values, expectations, needs and attitudes are to be organized. (Tzortzios et al 2001). The basic need for learning process is communication. In the ?Unique Selling? approach of the communicator effects target audience. Thus, transfer of technology has not to be limited to man methods, publication, leaflets, folders, bulletins, newsletters, journals, magazine, news paper publication, rural farm broadcasts or television interviews but has to be supplemented with video conferencing, massive awareness campaigns through video cassettes, cable net works and other local farm telecasts. II. Swaminathan has quoted figures as of 160 million tones of rice from 40m hac of land, thereby setting the productivity target of 4 t/h. This system provides Satellite data on critical applications, like crop yield modeling, pre-harvest crop production forecasting, detecting crop diseases, monitoring crop stress, pest infestation, floods, fires and oil-spills. Women, the half of agricultural work force is still unawares of the technological skills. Reduced soil depth has resulted into low productivity, increases soil runoffs and drought like conditions. The Australian centre for remote sensing (ACRES) has introduced a new service to provide satellite data for near real time applications. They add to our unemployed pool. The gap in technology known and applied at farmers field was found. This needs a continued and farmer friendly policies of sustainable agriculture. He has to make situation analysis and avoid group clashes in the country side. Our yields too are low to compete with others. Perhaps use of electronic media, e-extension and agricultural reforms in the shape of revised KVK system, ATMA, village level rural development, self-help groups and agri-information Kioses needs introduction. A detailed description of how communication and information can help production and sustain yields has been discussed (Wani 2006) . Thus improvement in Agricultural productivity has to keep pace with advanced communication and information technology using computers. In these pages we shall discuss role of communication in agriculture technology application for higher productivity and profits per unit of land. 4. 8. On the job, training opportunities on farm mechanization and agriculture. This denotes maintenance of a balance between food security and environmental protection or purity. This is what would be future intelligent Agricultural Management. Our limitations in expanding our exports are infrastructure to provide international biosafe packaging, phyto sanitation & quarantine measures. The present problems of low soil fertility, reduction in yields and soil salinity have arisen due to excessive use of chemical inputs in farming with little care of the soil. Therefore to avoid these ill effects we have to link strong information and communication methods for soil mapping, annual rainfall data, rain and climatic forecasts with farming operations (Wani, 2005). The chemical farming resulted in the soil degradation, water pollution, soil erosions and soil salinity .By now we face land degradation problems in 173 million hectares which is around 53% of cultivated land. The chemical farming hazards of poor soil fertility, low water availability, pollution and environmental concerns impede our agricultural development. The total disciplines needing grants may be strengthened in 5 yrs by 1 core grants to each discipline for quality assurance. This was due to poor perception & vision to fore see the net results on long time frame. Critical yield gap reduction. The production system prevailing with these farmers is a mixed farming or composite farming. The international standards of sanitation shall need more awareness at farmer?s doors. Reduction in yield gaps through effective use of information and communication technology will have a significant impact.

6. The information input, output and intersystem communication were studied. Our integrated & mixed farming practiced by our farmer?s needs improvements which is not forth coming. These educational reforms should involve schools, colleges and Universities. The green, white and blue revolutions gave us food security. For efficient communication internet and mobile telecommunication have been identified as important components. Biotechnology, Bioinformation, Biofertilizers, pesticides and fungicides. Organic farming is advocated as modern technology. In the present era of bio-safety, phyto and zoo sanitation have assumed tremendous importance. An outreach through communication and IT is the only achievable solution. The international computer networking and communication systems alone could help in decision making for appropriate and economic viable agricultural production. (Ghosh 2002). It is time for sustainable agriculture. 3. We need to bridge the gaps between potential and actual yields at farmers level. Similarly, the land degradation, mineral depletion and environmental pollution demands new mechanism to boost productivity. SPOT ? LITE is a low cost, off the shelf satellite data product from ACRES that is ideal for use in Geographical information system (GIS). The development of an information and communication network integrating modern software (Java, GIS) and hardware (GPS, internet) technologies in a new user friendly manner is necessary to achieve better acceptance of technologies and improved productivity (Lutticken, et al 2000). 3. Our AGR target ought to be double the PGR. The product even if economic and globally competitive has to pass quality tests. The data obtained from ground stations is processed at a facility via a high speed communication link and high priority processing. 1. Therefore to avoid these ill effects we have to link strong information and communication methods for soil mapping, annual rainfall data, rain and climatic forecasts with farming operations (Wani, 2005). Therefore, Agriculture educational reforms are on our door steps to harvest the gains of common economy in the SARC and total Asian region. It is known that it improved crop productivity under low availability of water. 14. A teacher-student-farmer-industry, interaction and co-operation is to be developed. Roaming teaching taught system on holidays and Sundays. The region is rich of energy and oil resources and millennium buzz word is open boarders and common market with first priority on peace, confidence and trust. New targets for future educational planning and policies need to have more information and communication technology. The farm visits, farmers calls, letters have to be intensified. 4. Precision Agriculture till date has focused on site-specific data collection for soil and crop management. The modernization of the material and technical information base helped Cuba to increase agricultural production and rural development on a pilot basis (Albelo. Advance studies with high applications for increasing agricultural production needs quick dissemination. Thus a strong case for tools and information management comes into force. The rapid evolution of information science demands quick and speedy transfer of technologies, awareness & even subject reviews to farmer?s for speedy application. The international phyto sanitation standards are going to be tougher. Indian Economy is a agri-centre economy which supports 70% of our population, as direct rural employment . Inspite of ranking I in milk production our exports are meager. A composite ARS system has to be introduced with strong basic of communication and IT. Unawareness of these support system could lead us to bankruptcy. 11. Welding communication with Agri -technology is the need of the hour. We should make use of mud waste, farm yard manure, waste cakes, municipality wastes and green wastes for increasing phosphorus, nitrogen and micro nutrients in the soil. 5. The immediate need is to make researchers akin with information technology and advanced communication. Technology transfer is easy. The role of competitive farming, economic survey and evaluation of farming and women?s integration needs attention. Like wise production of 100 million tones of wheat from 25 million tones of wheat from 25 million hectors needs a productivity of 4t/hac. USA tops the world list with 3,62,79,842 cited publication/annum, with small country like Switzerland at No.10. I. Thus, for enhancing agricultural production, communication tools have to be used. (Yadav, 2002). Organic Farming. We are at present going astray to our need. Farmers need information on markets, bio standards and marketing research and networking mechanisms. The basic tools of marketing premotion of fertilizers in India was studied. We need to increase per capita consumption expenditures of Rs.600 per month. This organization and evaluation is not possible without use of modern and applicable communication methods. A true transparent and open system of selection both for Management positions and scientific positions should be advocated. This will demand inter and intra faculty harmony and synchronized course curricula at UG, PG and Ph.D level. 10. This scenario resulted due to incomplete innovative approaches of research. One with love for country side and farmers alone could execute this task properly. 12. In contrast to USA and European agriculture our necessity is to increase ?Crop ?livestock-fish-plant integrated production system with multiple livelihood opportunities?. Teacher-student-farmer-industry-interaction-work plans-self learning by living with farmers. Our prime agenda should be quality Agricultural Education. The whole system of Agricultural research, teaching and extension in NARS needs renewal. Another vulnerable class in India is small (holder). 5. Those at top have to exercise truth, justice and fairplay. The communication linkage improved the productivity. Use of satellite data- (Star and Spot ? lite) helped time ? critical dependant applications in Australia. The results suggest that while communication networking opens up agricultural economy, it is not cost effective. The information like advertising, public relation and personal selling was found to be best promoters. All programmes in the field should be participatory. A new trust is to be given to course curriculum integrating field practices in a partnership mode with farmer. Our researchers blindly advocated more and more use of fertilizers, pesticides and fungicides, which helped to gain grain revolutions, but left legacy of polluted water, air & environment with degraded soils. Changing standards for individuals is a crime. 2. Strong warning systems for climatic risks, floods and cyclones, pests and mites could help to raise more crops. Researchers lack training in using new information technologies. New faculty development in all the Universities and colleges is to be executed in coming 5 years. A country where 70% population is connected with agriculture for livelihood directly or indirectly and 80% of its export is agricultural oriented. Blending subsidies with agricultural exports will need a drastic cut under new WTO agreements. 1. The present day information and communication technology has trespassed all barriers of race, religion, culture and countries. Pest information and survey; Risk Management Analysis; Decision support system; Geographic information system. This would take years if communication methodology of video conferencing, internet and related satellite technological advancement in communication is not used. An attempt was made to have quick information flow among and between researchers, extension officers and dairy farmers in East Azerbaijan, Iran. This all will need incorporation of new themes like post-harvest management, value addition, packaging, communication, credit and market information services in our course curricula. Web and web designing have made invisible teachers to unknown students. It will ensure quality training and job improvement of skilled manpower for use in Asian Agri development Market. (Oguya and Bellamy, 2001). 1. This is because of poor ?zoo-sanitation and Global lobiest are critical of our disease free status. SPOT-LITE can be accessed at any time via the internet and is available in the form of tiles covering most of Australia (Thankappanm 2001). 13. The climatic disasters, earthquakes, Titanic tsunami, floods; have effected our agricultural production in the past and additional requirements needs to be kept in mind while planning food security. These revolutions debarred future sustenance. The productivity would be better if technological advances are adopted and their impact is known. India with 25% of its GDP from agriculture spends some 12% of GDP on its subsidies rather than on transfer of technology. Thus a new multidimensional change in academic curriculum is envisaged. Much of it has remained frozen if not dead within the fore walls of institutions. The application of precision agriculture has to be clubbed with information and communication networking to harvest the gains and to improve productivity. An estimated food grain of 210 million tons at present may need to be doubled in next 10 years. When we review our performance we are no where in top ten of most cited agriculture publications in the World. New educational policies so drafted shall be non-discriminative, comprehensive , transparent and accountable. 2002). Now reverting back to our own traditional ways is fraught with problems too. For up-liftmen of region we need training education and human resource utilization. 15. Their case is further complicated as they do other work additionally as the small holdings is not sufficient to sustain them. 7. We perhaps jumped in adopting or testing technologies without comparing them with our own practices. 8. In 1948 malaria took lives of 2-8 million people in Malaysia. The location specific, crop and soil specific innovations to farmer?s practices are few. Indian Agricultural pride years of green revolution post 1968 saw reduction in food gain imports and subsequently white, blue and other revolutions sustained our population pressures and agriculture growth. The chemical farming resulted in the soil degradation, water pollution, soil erosions and salinity. Our research institutes mostly aped the experimentations on commercial farming of west with few modifications and even additions at times. Our agricultural growth rate (AGR) need to be equal if not more to population growth rate (PGR). Imports of food grains, an anomaly over past decade, needs problem- cause- analysis. 2. World trade and tariff regulations have to be accommodated. Our contribution to Agriculture publication is 5.48% only with our share of citation at 2.32%. Thus refined technology, participatory research and educational modules are needed. M.S. About 18% of it has turned as shallow land. Kissan call centre (1551) and the Zraye Paigam shall widen the messages. 6.

Therefore, a new strategy to use crop stubs, waste tree leaves, waste orchard residues and other agriculture waste material for improving soil has to be advocated. Quick and fast measures are needed to unify our educational system, involving all agriculture and allied disciplines, industries, corporate sectors and farmers institution. Thus a balance between food security and environment purity is to be maintained in developing countries. The emergence of diseases like Mad cow disease or even SAARS being linked to animal cultures and other diseases from Agricultural & Livestock products warrants biosafe agricultural produce. Higher productivity gains can be achieved through application of technology and production recommendations at farmer?s fields. Et al. 16. The economic viability of an agricultural product has now more importance.

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Source: http://video-conferencing-software.computerpassports.com/the-low-yield-factors-were-analyzed/

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Tuesday, August 23, 2011

How Many Gadgets Do You Carry? [Reader Poll]

How Many Gadgets Do You Carry?Futurist, former Wired editor, and all-around smart guy Kevin Kelly writes that, 10 years from now, the average person will carry two gadgets with you everywhere you go:

The two devices we'll carry (on average) will be 1) a close-to-body handheld thingie, and 2) a larger tablet thingie at arms length. The handled will be our wallet, purse, camera, phone, navigator, watch, swiss army knife combo. The tablet will be a bigger screen and multi sensor input. It may unfold, or unroll, or expand, or be just a plain plank. Different folks will have different sizes.

Kelly notes that he's not counting devices we'll wear, like quantified self-tracking devices built into your clothing or accessories (as he notes, you don't carry a watch). Kelly's post is an interesting read if you like the speculative future, but it strikes me that a lot of Lifehacker readers may commonly already carry their "two things", so I'm curious:

Keep in mind that as time progresses beyond the current decade, Kelly predicts that the number of devices you carry will actually decrease, since devices will be both ubiquitous and capable of recognizing and catering to you (think Chrome OS), so often carrying your own devices will be unnecessary for all but totemic purposes. Read the full post on The Technium for more interesting insights. Photo by Beorn Ours.

Your Two Things | The Technium

Source: http://feeds.gawker.com/~r/lifehacker/full/~3/JzcT1FZ20s4/how-many-gadgets-do-you-carry

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Real Estate Exit Strategies | Real Estate Loan - Home Equity Loan ...

An exit strategy is a means of escaping one?s current unfavourable situation, or the company would be in a serious condition, leading to collapse of real estate market. A good and a practical exit strategy would automatically lead high success for the real estate investor. There are basically 4 types of exit strategies, namely,

Refinancing

Staging

Real Estate Appraisal/Getting Above the Market Price

Refinancing ? It is the smart strategy to get rid of your existing mortgage through the proceeds of a new mortgage. In this manner you can very easily manage mortgage payments plus helps you in fetching the equity build up on the property that you have purchased until recently. Refinancing works really well if the interest rates have gone down, and you would therefore have greater debt ensuring high mortgage and eventually low interest rate per month. Moreover, Refinancing is used in most cases to improve overall cash flow.

Two Types of Refinancing:

No-Closing Cost

Borrowers with this type of refinancing typically pay few upfront fees to get the new mortgage loan. In fact, as long as the prevailing market rate is lower than your existing rate by 1.5-percentage point or more, it is financially beneficial to refinance because there is little or no cost in doing so.

Cash-Out

This type of refinance may not help lower the monthly payment or shorter mortgage periods. It can be used for home improvement, credit card and other debt consolidation if the borrower qualifies with their current home equity; they can refinance with a loan amount larger than their current mortgage and keep the cash difference.

Home Staging

Home staging is decorating your home with all the necessary things so that it looks look bigger, brighter, cleaner, warmer, more loving and, and above all it attracts the buyer?s attention who can purchase it for good price. You can employ skilled craftsmen for home staging. These are called as Home Stagers. They can simply change the complete room interiors of your house to give a splendid feeling altogether.

Real Estate Appraisal/Getting Above the Market Price

Through this process, you develop a positive opinion of the value of your real estate property. It is based on the facts that all properties are heterogeneous in nature, as, no two properties are identical, and all properties differ from each other in their location, amongst other things. The positive opinion developed as the result will fetch you above the market price on your property, when you go for selling the property.

Ravinder Tulsiani is a published author who has written about personal finance, real estate, self-help and online marketing.

Visit http://ravindertulsiani.blogspot.com

Source: http://estate.learntrend.net/loan/real-estate-exit-strategies/

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