
This is my business blog page online of thoughts combined with comments on a variety of subjects in the modern business world. I have many ideas that I appreciate writing them here to this page. I always your welcome feedback so that this continues to improve the knowledge of everyone. This page is dedicated to the expansion of knowledge of all my readership about business and much more..
Tuesday, April 26, 2011
Stock Market Data!!
Well after pouring over data from the analysts I want to wiegh in on the new emerging market. Question are we on a doom and gloom curve or is this really a turning point for Wall Street? I have covered many different types of of ups and downs but this one really is very interesting to me and it should be to all of you too who read my blog. The reasons are not allways obvious to the naked eye but they are still there if you want to go through the pain of analisys of it. Yup the makets sure has been giving some unually different signals lately and not many of the gurus got it right except for me. I said last time that we are going to have a short period of sunny economic data and then we are going to see a even worse crash than we ever had before except if Congress cuts out the redicules spending that it has been doing. This sudden growth is unfortunately only short term and we still have the worst budget deficit in all of our history of America. That is just one factor in the larger piece of the pie which does not include the facts of the other economic woes that are hurting us all. Let us start out with the other facts likes falling home values and prices and credit is very tight and hard to get from lending banks and credit card companies. Ok most people would say that is not great but we can manage that over a short term policy change in the FED Bank and tax structure. But wait a minute before you get to far in to the sun you got to see the red ink thatwe all have to deal with both in goverment and in personal budgets. You see that over the last 30 years the average rate of saving in this country has steadily declined while wages have also either stayed the same aor in most cases lost value maening the average middle class working wage is not kept up with inflation. Oh man that old buzzard is back and that is called inflation and it is increasing it's grip on the pocket of every working man and woman including businesses and investors. Simlple put into prospective we are all having to pay more for everything while we get less value for all that we buy. I could not help for instance a guy I met in passing at the local gas station who complained about the price of a gallon of milk and eggs as well as $4.26 a gallon for gas to fill up his car which was echoed by another woman standing on the opposite side of the gas pump after I was walking past her pumping gas in to her SUV truck. Just think if we are all feeling squeezed now and think about how business is doing with this new sunny but volitile economy? Well mixed review I get from talking to other company CEO'S who welcome the good news that they can plan on maybe expanding and Wall Street seems bent on pitching this new green shoots as a turning point in a better economy to come. The facts of dat don't speak to that at all and any shrewed business CEO knows that it is time to wait and see if this will last any length of time for economic recovery. If history is any judge then we can all see this robustness in data and the results are sadly fleeting given that businesses in this country has been through this all before and have no disire to get burned by Wall Street and FED bank hype. this is really more a overdue market correction which should have happened last year but failed to happen due in part to goverment bailouts and shoddy management on Wall Street and the list goes on of the woes we suffered through last year. The climate of business and investing this year has been a little better but we are still over shadowed by debt burdons in goverment and the private sector companies who are struggling to pay down the amount of debt owed and still remain functionally liquid. You just need to look at this new growth and see how many millions of people who are still losing their homes,savings and yes businesses to see how hard it is to have such a rosey picture of a growing economy. I am not going to sit here and say that all this sun is a bad thing and actually it is great just to have it but we still have a rough economic climate for investors and businesses to expand and to pur money into a emerging growth economy. With all the maket signal ponting both ways it is hard as a investor to decide what way the wind is blowing these days but one thing is for certian you had better read your data and play it conservative so that when the next shoe drops and it will your not going to wipe out your a part or your entire portfolio. So you ask where should I invest presently and how much should I do that? Get the latest market data and it clearly points to energy and telecom stocks as well as raw materials such as corn and sow beans but also to going big on certian technology makers that make circuit boards for aerospace and mobile phones. Stay away from bonds and the Tresury FEd T bill notes for now as they are a poor investment. By following this advise you can not lose your money ...
Friday, April 15, 2011
Business Travel!!
I thought I would do a change of pace for my readers here and touch on a subject that is on everyones mind these days. That is the cost of travel in perticular business travel which I as a Executive happen to know a lot about since I have and still do travel a lot for work as a executive of my own company. I just got to doing some research on this over the last few days and wanted to share soome interesting data on business travelers and their attitudes. Like for instance did you knoiw that the average business person is online on a weekly basis almost 12 hours a day every day of the week and on weekends the mobile phone with mail etc. is a constant useage. How about the fact the fact that on average business people travel about 30,000 plus miles a year by ground and air travel. Well that shows you how much the pace of business has changed to be more demanding and faster pace. This is why the averaage executive in a high level position now a days only lasts only ten years and they are burned out both physically and mentally. The sad thing is business people suffer the worst decline in average life span because of stress and worry which in turn effects their overall attitude and proformance. Being constantly moving and juggling too many things at the same time does have a short and worse long term effect on your body. Technology has made it so you have no time off in most cases and this is why so many get to mid life and look like they are 100 years old yet they are olny 45 or 50 years old. Statistics are sometimes not always accurate but the facts speak for themselves that the higher the level is in business the faster the burnout rate is with corporate types of people. We live in a day in age of conastant change and the only way to succed is to becoe one of the movers and shakers in business or be left behind by your business peers. I know how most CEO's are feeling cause I talk to them all the time and they have the same list of certian compliants as I have but if you want to succeed then you go to either go with the flow or get off the moving train that is the facts that everyone in modern business has to deal with now. The reality is being is business and a growing company is a challenge in of itself but you add the daily problems and other things like email and board meeting and constant phone calls and more then you begin to see the strain by the time friday morning comes to having to go to the office. That is not the half of it to for many people in business just end up losing it on customers or employees because they are so tired by the end of the woork week that they only think about when is my next vacation and where am I going to get away from this maddness hectic job. Yes vacations are great but you know that will only solve the problem for a short time and the only way for it to stop burning you out is to retire. The sad part is most peopele in business today don't have the luxury of retiring because of the economy being so poor and have a family and bills to pay so they are forced to keep working well into the age 70 or above now a days. It is the sad situtaion that most business people now that retirement is only a far fetched dream that they hope to achieve some day before they die. To be in businees is a full time comitment but it can be fun and intetrewsting to if you pace yourself and take short breaks during your day that is the only way to become less stressed out and more a effective leader in your company. Trust me your employees and customers will apreciate you more for it and being level headed makes the decision making process better and quicker which helps everyone have a better understanding of where your going and who your networking with on a weekly basis. Take time on your business travel to smell the flowers and enjoy where you are evevn if it is just getting a cup of coffee and a short walk t the local store if there is one close by your area as this will help you refocus your mind on the tasks at hand in your work day ahead. Allways book your travel plans in advance so you can change them if you need to and be on time for everthing is the best way to be a good corporate traveler and a executive of your company.. Have a really great day now and enjoy your week end!!!
Tuesday, April 12, 2011
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Market Swing!!
Hey everybody hope you all had a great day trading yesterday and made some dough doing it. I just wanted to throw some soup on the hot fire and sip my cold drink as the data pours in at mid day. Wow oil is hot today and look who is cleaning up well what do you know if this company did take take tarp money and be bailed out the story would be different today. Goldman Sachs (GS.N) rocked oil markets for a second day on Tuesday by calling for a near $20 fall in the price of Brent crude oil in the coming months, saying speculators have pushed prices ahead of crude while demand increased. Can the rally continue? Sure it can but it will be a short term rally before you see the course correction and prices will top out at 116 dollars a barrel then reverse back to 80 dollars a barrel before summer hits full swing in most of the countries. I see this correction due to external political problems in the Middle East and lower oil reserves here at home in America. I think the glut of crude oil that is now in storage and also being pumped is going to run low sooner then the market will have a knee jerk reaction to the this and you will see institutional investors first running for the exit gate. This is a good sign of a beginning worsening of the economy as well as spending on consumer goods will also slow down more than it already is at current date. Overall current market data suggests that by mid summer prices on everything from bread to gasoline will continue to out pace inflation by a two to one margin and orders for new products will climb only slightly for the mid quarter of this year. Gold continues to top the list of good investments and so does some commodities such as corn and sow beans used to make alternative fuel. This year so far is a mixed bag of some rally by the bulls on good days on Wall Street but mostly with the Macd chart and Candle Sticks charts topping out much lower than other years we are all in for a rough ride so far this year. Be careful to chart the better companies like YUM Inc. and Microsoft,Verizon are all good to buy into but watch your dividend shares as these companies might have stock splits in the future and you can profit very well from them. If you watch the ratings on Moody,Barrons,Morningstar you can get a real sense of how far the stock or fund is going to do and when to buy and sell it for a good price providing you include your research with your tracking charts to complete the picture of the proformance. Well hope you line your pockets today and have a great day...
Monday, April 11, 2011
Market Investing!!
I want to step up to plate today and look more in depth into the stock market and show you how to make money. The old addage is still true you buy low and sell high but in a ever constantly shifting tide on Wall Street you dont want to go running with the bulls every time the herd goes big into one market or more market areas. Thinking more sensible is a better way of doing it don't follow the herd and be a leader by sifting through the data and going against the market leaders is sure to line your pockets a lot faster than if you follow with your herd and heart and feeling,when the herd is shifting it's position. To be a smart investor is to buy on the dip or watch the bounce much like a ball and get in on your pips when the candlesticks show you to buy not when you try to read the market crest or the market will beat you every time. If you follow simple logic then you stand to gain handsomely from not following what all the other guys are doing. This is really the first rule to investing in a volitile market where you can make a fortune or lose your shirt if you don't follow the rules. Rule number two allways and I can't say it strongly enough read the MacD and also chart the earnings reports for every stoc or bond fund that your vested into so that your not going to get some nasty unexpected suprise like what happened with Bears Stearn and Leaman Brothers when the stock went into the tank and lots of investors lost very big those days when it happened. Rule number three to be a success in this market you have to treat it like a business and that means refer to the other prior rules which includes in perticular not using a buy and hold long term stratergy. If you short your stocks and options on a time frame of one day to 90 days maximum then you reduce your risk by half which will improve your portfolio and keep you vested longer with a good growth margin. This is the best way to do market investing I have found and if you learn these techniques then you will beat the market by a 8 or 10 to 1 margin every time while reducing your cash flow output. I know this sound very technical but follow these steps and your wwell on your way to make a fortune on Wall Street and why not all the other mover and shakers are doing this so you can do it to. In rexcent month the bond maket has been in the tank and the T-Bill and other bonds have declined so they are not a good investment in the early part of this year. The tech stocks have done better in some areas with Facebook,Microsoft, and Verizon leading the edge of higher earning but still the overall sector is a mixed bag right now. Just look at the data the bigger companies are down sizing and merger are the normal way of business becoming like hot cakes on a griddle in order to stay in business this is how they are reacting to the the global shift in technology and manufacturing. Consumer Goods index is showing a slow down which means that manufacturing is being hurt by the loss of revenue which in turn effects everything else including employment. If you look at the current employment data along with consumer lending and credit by the nations bigg3est banks you start to see the overall picture that your better to short your stocks and buy into gold ETFs then buying into the tech giants like Apple right now. That is a smart move currently to do since the next quarters economic data is not out yet so it is better to wait and watch everything before jumping both feet back into a market the will burn your portfolio to seared lobster. Granted there are some good buys out there and if you can buy them on the dip and wait for the short bounce and sell them high then do so knowing that the risk is still there but at least your minimizing them to your portfolio. Allways hedge your risk and do your research before you buy in to any security on the market so that way you go in with your eyes open and then you keep your business running smoothly with positive growth of at least 6 percent a quarter. Investing is a good way to promote wealth at what ever age your at just you have to be smart and keep your feeling out of it at all time that way you win. Have a really great day and read more again...
Wednesday, April 6, 2011
Monday, March 28, 2011
Thursday, March 24, 2011
Wisdom in Business!!
Generally when we think of doing a good job we think of how much money and capitol investment we have made. This is not always true since some of the most successful companies don't measure their success by the by total invested but instead by how much productivity and new products or services that they have achieved since the beginning of each quarter and calender year. When thinking of how to gain wealth you must what? Well create a market share and have a product or service that everyone wants such as what Apple has done with the Ipod and sharing services and now Apple TV. You have to know your demographics and know how to exploit them to be a better profitable company in this age of technology. Working on a good model like Apple is will show you how to adapt to a market that is constantly changing and so your products or services have to evolve all the way with the changes. If your profits sink because of lack of innovation and they will if you don't keep up with current trends then you are not doing well because your shorting your customers on what they want. Most business will see this and add other value added products or services to offset the loss in profitability. This is the only way that a company can weather bad economic times and keep growth going or risk going out of business.
Monday, March 21, 2011
The Welfare State!!
This morning I got to read another writer work and it inspired me to write about the views of to many people that I run into on the street and some friends that I have. I find it interesting to learn from listening from people how government is supposed to care for you if you fall down or just get plain rich robbing the tax payers to support your own needs. It seems that as a nation we have become used to big government caring for everything instead of the individual caring for themselves. The idea that government programs are supposed to support your everything from food to drug addictions and housing is absurd. The fact that everyone now is getting some kind of government no matter weather your rich or poor and have nothing I also think is crazy. What happened to the idea that work and creative ideas can make your life better and increase your standard of living which is dependent on in part money? I have to ask this question since everyone with a few exceptions are self proclaimed government leaching. I am not saying that some people don't need a occasional helping hand but we in America have created a bigger problem with programs like welfare, general public cash assistance,food stamps, foster care payments and the list goes on and on. What a shock it would be to have everyone in America work instead of getting Social Security Disability at age 25 or 35 or some other government entitlement and leaching off all the tax payers who work for a large portion of their lives. We in America have become lazy and say to ourselves that if I don't want to work that is OK since government will support me the rest of my life and with all the programs available I can live better than those who work for a living. I find it is appalling the attitude that the following generations have created by the baby boomer generation that raised kids to be slacker and the lower generations have become even more lazy beyond that. I know that many will disagree with me but I see the future of America as a more grim reminder that we are not schooling our kids to be independent minded and reach for their dreams. i just was talking to a guy today that said he is fifty years old and has two college degrees but can not find work doing anything. This I am finding is not unusual for people in my generation and younger to be on some kind of public aid which they seem to have no problem with taking from some government program. I see it differently having never had any government program or assistance in my life except for college education to better myself. This notion that welfare instead of work and if you work or not you should be sucking on some government gravy train program is just sheer madness. I will never forget my father saying to me that he lived through the great depression and my grand parents and him never took not even one red cent of government assistance in his lifetime and I should do the same thing too. My father had great wisdom in saying this because if you start believing that government will care for you then your life will amount to nothing and he is very right about this as I meet to many fellow Americans who have turned into government lazy leaches and their lives certainly reflect it with accomplishing nothing every day and week,year of their lives. It is a sad lament that we as a free people have given up so much of our sovereignty to our own lazy way and attitude of life that used to never exist a even a hundred years ago. In a mere hundred years we have come to a abyss in our great county were we no longer care for our own well being which is a sad thing for such a great people of creative innovation and wealth. This story is very seriously missed by the main stream media and it should be front page news but instead it is never even barely written about which is shocking to me. In closing I think we need to change our attitude and the way we as Americans live our lives by going back to a prosperity of work and limited government so that we all become better citizens of this great country called America.
Wednesday, March 16, 2011
Japan Crisis Worsens!!
TOKYO–>> Japan's nuclear crisis appeared to be spinning out of control on Wednesday after workers withdrew briefly from a stricken power plant because of surging radiation levels and a helicopter failed to drop water on the most troubled reactor.
In a sign of desperation, police will try to cool spent nuclear fuel at one of the facility's reactors with water cannon, normally used to quell riots.
Early in the day, another fire broke out at the earthquake-crippled facility, which has sent low levels of radiation wafting into Tokyo in the past 24 hours, triggering fear in the capital and international alarm.
Japan's government said radiation levels outside the plant's gates were stable but, in a sign of being overwhelmed, appealed to private companies to help deliver supplies to tens of thousands of people evacuated from around the complex.
"People would not be in immediate danger if they went outside with these levels. I want people to understand this," Chief Cabinet Secretary told a televised news conference, referring to people living outside a 30-km (18-mile) exclusion zone. Some 140,000 people inside the zone have been told to stay indoors.
The European Union's energy chief, told the European Parliament that the plant was "effectively out of control" after breakdowns in the facility's cooling system.
Workers cleared debris to build a road so fire trucks could reach reactor No. 4 at the Daiichi complex in Fukushima, 240 km (150 miles) north of Tokyo. Flames were no longer visible at the building housing the reactor.
High radiation levels prevented a helicopter from dropping water into the No. 3 reactor to try to cool its fuel rods after an earlier explosion damaged the unit's roof and cooling system.
The plant operator described No. 3 -- the only reactor at that uses plutonium in its fuel mix -- as the "priority." Plutonium, once absorbed in the bloodstream, can linger for years in bone marrow or liver and lead to cancer.
The situation at No. 4 reactor, where the fire broke out, was "not so good," the plant operator added, while water was being poured into reactors No. 5 and 6, indicating the entire six-reactor facility was now at risk of overheating.
"Getting water into the pools of the No.3 and No.4 reactors is a high priority," a senior official at Japan's Nuclear and Industrial Safety Administration, told a news conference, adding the pool for spent fuel rods at No. 3 was heating up while No.4 remained a concern.
"It could become a serious problem in a few days," he said.
A military helicopter may be used again to try to drop water and troops mobilized to help pump water by land, he said.
Nuclear experts said the solutions being proposed to quell radiation leaks at the complex were last-ditch efforts to stem what could well be remembered as one of the world's worst industrial disasters.
"This is a slow-moving nightmare," said Dr Thomas Neff, a physicist and uranium-industry analyst at the Massachusetts Institute of Technology.
Japanese Emperor, delivering a rare video message to his people, said he was deeply worried by the country's nuclear crisis which was "unprecedented in scale."
"I hope from the bottom of my heart that the people will, hand in hand, treat each other with compassion and overcome these difficult times," the emperor said.
Panic over the economic impact of last Friday's massive earthquake and tsunami knocked $620 billion off Japan's stock market over the first two days of this week, but the Nikkei index rebounded on Wednesday to end up 5.68 percent.
Nevertheless, estimates of losses to Japanese output from damage to buildings, production and consumer activity ranged from between 10 and 16 trillion yen ($125-$200 billion), up to one-and-a-half times the economic losses from the devastating 1995 Kobe earthquake.
Damage to Japan's manufacturing base and infrastructure is also threatening significant disruption to the global supply chain, particularly in the technology and auto sectors.
CHINA SUSPENDS NUCLEAR PLANS
Scores of flights to Japan have been halted or rerouted and air travelers are avoiding Tokyo for fear of radiation. On Wednesday, both France and Australia urged their nationals in Japan to leave the country as authorities grappled with the world's most serious nuclear accident since the Chernobyl disaster in Ukraine in 1986.
Russia said it planned to evacuate families of diplomat on Friday.
In a demonstration of the qualms about nuclear power that the crisis has triggered around the globe, China announced that it was suspending approvals for planned plants and would launch a comprehensive safety check of facilities.
China has about two dozen reactors under construction and plans to increase nuclear electricity generation about seven-fold over the next 10 years.
Russian President Medvedev said nuclear power was safe provided power stations were built in the right place and designed and managed properly. Russia ordered checks at nuclear facilities on Tuesday.
In Japan, the plight of hundreds of thousands left homeless by the earthquake and devastating tsunami that followed worsened following a cold snap that brought snow to worst-affected areas.
Supplies of water and heating oil are low at evacuation centers, where many survivors wait bundled in blankets.
"It's cold today so many people have fallen ill, getting diarrhea and other symptoms," said Takanori Watanabe, a Red Cross doctor in Otsuchi, a low-lying town where more than half the 17,000 residents are still missing.
While the official death toll stands at around 4,000, thousands are listed as missing and the number of dead is expected to rise.
At the Fukushima plant, authorities have spent days desperately trying to prevent water designed to cool the radioactive cores of the reactors from evaporating, which would lead to overheating and possibly a dangerous meltdown.
Until the heightened alarm about No.3 reactor, concern had centered on damage to a part of the No.4 reactor building, where spent rods were being stored in pools of water, and also to part of the No.2 reactor that helps to cool and trap the majority of cesium, iodine and strontium in its water.
Japanese officials said they were talking to the U.S. about possible help at the plant.
Concern has mounted that the skeleton crews dealing with the crisis might not be big enough or were exhausted after working for days since the earthquake damaged the facility.
Authorities withdrew 750 workers for a time on Tuesday, briefly leaving only 50. All those remaining were pulled out for almost an hour on Wednesday because radiation levels were too high, but they were later allowed to return. By the end of the day, about 180 were working at the plant.
RADIATION IN TOKYO NOT A THREAT TO HUMAN HEALTH
In the first hint of international frustration at the pace of updates from Japan, director general of the International Atomic Energy Agency, said he wanted more timely and detailed information.
"We do not have all the details of the information so what we can do is limited," Amano told a news conference in Vienna. "I am trying to further improve the communication."
Several experts said the Japanese authorities were underplaying the severity of the incident, particularly on a scale called INES used to rank nuclear incidents. The Japanese have so far rated the accident a four on a one-to-seven scale, but that rating was issued on Saturday and since then the situation has worsened dramatically.
France's nuclear safety authority ASN said on Tuesday it should be classed as a level-six incident.
At its worst, radiation in Tokyo reached 0.809 microsieverts per hour on Tuesday -- 10 times below what a person would receive if exposed to a dental x-ray. For Wednesday, radiation levels were barely above average.
But many Tokyo residents stayed indoors. Usually busy streets were nearly deserted. Many shops and offices were closed.
Winds over the plant blew out toward the Pacific Ocean on Wednesday.
Japanese media have became more critical of Kan's handling of the disaster and have criticized the government and plant operator Tokyo Electric Power Co. for their failure to provide enough information on the incident.
Nuclear radiation is an especially sensitive issue for Japanese following the country's worst human catastrophe -- the atomic bombs dropped on Hiroshima and Nagasaki in 1945.
The full extent of the destruction was slowly becoming clear as rescuers combed through the tsunami-torn region north of Tokyo where officials say at least 10,000 people were killed.
There have been hundreds of aftershocks and more than two dozen were greater than magnitude 6, the size of the earthquake that severely damaged Christchurch, New Zealand, last month -- powerful enough to sway buildings in Tokyo.
About 850,000 households in the north were still without electricity in near-freezing weather, Tohuku Electric Power Co. said, and the government said at least 1.5 million households lack running water. Tens of thousands of people were missing.
In a sign of desperation, police will try to cool spent nuclear fuel at one of the facility's reactors with water cannon, normally used to quell riots.
Early in the day, another fire broke out at the earthquake-crippled facility, which has sent low levels of radiation wafting into Tokyo in the past 24 hours, triggering fear in the capital and international alarm.
Japan's government said radiation levels outside the plant's gates were stable but, in a sign of being overwhelmed, appealed to private companies to help deliver supplies to tens of thousands of people evacuated from around the complex.
"People would not be in immediate danger if they went outside with these levels. I want people to understand this," Chief Cabinet Secretary told a televised news conference, referring to people living outside a 30-km (18-mile) exclusion zone. Some 140,000 people inside the zone have been told to stay indoors.
The European Union's energy chief, told the European Parliament that the plant was "effectively out of control" after breakdowns in the facility's cooling system.
Workers cleared debris to build a road so fire trucks could reach reactor No. 4 at the Daiichi complex in Fukushima, 240 km (150 miles) north of Tokyo. Flames were no longer visible at the building housing the reactor.
High radiation levels prevented a helicopter from dropping water into the No. 3 reactor to try to cool its fuel rods after an earlier explosion damaged the unit's roof and cooling system.
The plant operator described No. 3 -- the only reactor at that uses plutonium in its fuel mix -- as the "priority." Plutonium, once absorbed in the bloodstream, can linger for years in bone marrow or liver and lead to cancer.
The situation at No. 4 reactor, where the fire broke out, was "not so good," the plant operator added, while water was being poured into reactors No. 5 and 6, indicating the entire six-reactor facility was now at risk of overheating.
"Getting water into the pools of the No.3 and No.4 reactors is a high priority," a senior official at Japan's Nuclear and Industrial Safety Administration, told a news conference, adding the pool for spent fuel rods at No. 3 was heating up while No.4 remained a concern.
"It could become a serious problem in a few days," he said.
A military helicopter may be used again to try to drop water and troops mobilized to help pump water by land, he said.
Nuclear experts said the solutions being proposed to quell radiation leaks at the complex were last-ditch efforts to stem what could well be remembered as one of the world's worst industrial disasters.
"This is a slow-moving nightmare," said Dr Thomas Neff, a physicist and uranium-industry analyst at the Massachusetts Institute of Technology.
Japanese Emperor, delivering a rare video message to his people, said he was deeply worried by the country's nuclear crisis which was "unprecedented in scale."
"I hope from the bottom of my heart that the people will, hand in hand, treat each other with compassion and overcome these difficult times," the emperor said.
Panic over the economic impact of last Friday's massive earthquake and tsunami knocked $620 billion off Japan's stock market over the first two days of this week, but the Nikkei index rebounded on Wednesday to end up 5.68 percent.
Nevertheless, estimates of losses to Japanese output from damage to buildings, production and consumer activity ranged from between 10 and 16 trillion yen ($125-$200 billion), up to one-and-a-half times the economic losses from the devastating 1995 Kobe earthquake.
Damage to Japan's manufacturing base and infrastructure is also threatening significant disruption to the global supply chain, particularly in the technology and auto sectors.
CHINA SUSPENDS NUCLEAR PLANS
Scores of flights to Japan have been halted or rerouted and air travelers are avoiding Tokyo for fear of radiation. On Wednesday, both France and Australia urged their nationals in Japan to leave the country as authorities grappled with the world's most serious nuclear accident since the Chernobyl disaster in Ukraine in 1986.
Russia said it planned to evacuate families of diplomat on Friday.
In a demonstration of the qualms about nuclear power that the crisis has triggered around the globe, China announced that it was suspending approvals for planned plants and would launch a comprehensive safety check of facilities.
China has about two dozen reactors under construction and plans to increase nuclear electricity generation about seven-fold over the next 10 years.
Russian President Medvedev said nuclear power was safe provided power stations were built in the right place and designed and managed properly. Russia ordered checks at nuclear facilities on Tuesday.
In Japan, the plight of hundreds of thousands left homeless by the earthquake and devastating tsunami that followed worsened following a cold snap that brought snow to worst-affected areas.
Supplies of water and heating oil are low at evacuation centers, where many survivors wait bundled in blankets.
"It's cold today so many people have fallen ill, getting diarrhea and other symptoms," said Takanori Watanabe, a Red Cross doctor in Otsuchi, a low-lying town where more than half the 17,000 residents are still missing.
While the official death toll stands at around 4,000, thousands are listed as missing and the number of dead is expected to rise.
At the Fukushima plant, authorities have spent days desperately trying to prevent water designed to cool the radioactive cores of the reactors from evaporating, which would lead to overheating and possibly a dangerous meltdown.
Until the heightened alarm about No.3 reactor, concern had centered on damage to a part of the No.4 reactor building, where spent rods were being stored in pools of water, and also to part of the No.2 reactor that helps to cool and trap the majority of cesium, iodine and strontium in its water.
Japanese officials said they were talking to the U.S. about possible help at the plant.
Concern has mounted that the skeleton crews dealing with the crisis might not be big enough or were exhausted after working for days since the earthquake damaged the facility.
Authorities withdrew 750 workers for a time on Tuesday, briefly leaving only 50. All those remaining were pulled out for almost an hour on Wednesday because radiation levels were too high, but they were later allowed to return. By the end of the day, about 180 were working at the plant.
RADIATION IN TOKYO NOT A THREAT TO HUMAN HEALTH
In the first hint of international frustration at the pace of updates from Japan, director general of the International Atomic Energy Agency, said he wanted more timely and detailed information.
"We do not have all the details of the information so what we can do is limited," Amano told a news conference in Vienna. "I am trying to further improve the communication."
Several experts said the Japanese authorities were underplaying the severity of the incident, particularly on a scale called INES used to rank nuclear incidents. The Japanese have so far rated the accident a four on a one-to-seven scale, but that rating was issued on Saturday and since then the situation has worsened dramatically.
France's nuclear safety authority ASN said on Tuesday it should be classed as a level-six incident.
At its worst, radiation in Tokyo reached 0.809 microsieverts per hour on Tuesday -- 10 times below what a person would receive if exposed to a dental x-ray. For Wednesday, radiation levels were barely above average.
But many Tokyo residents stayed indoors. Usually busy streets were nearly deserted. Many shops and offices were closed.
Winds over the plant blew out toward the Pacific Ocean on Wednesday.
Japanese media have became more critical of Kan's handling of the disaster and have criticized the government and plant operator Tokyo Electric Power Co. for their failure to provide enough information on the incident.
Nuclear radiation is an especially sensitive issue for Japanese following the country's worst human catastrophe -- the atomic bombs dropped on Hiroshima and Nagasaki in 1945.
The full extent of the destruction was slowly becoming clear as rescuers combed through the tsunami-torn region north of Tokyo where officials say at least 10,000 people were killed.
There have been hundreds of aftershocks and more than two dozen were greater than magnitude 6, the size of the earthquake that severely damaged Christchurch, New Zealand, last month -- powerful enough to sway buildings in Tokyo.
About 850,000 households in the north were still without electricity in near-freezing weather, Tohuku Electric Power Co. said, and the government said at least 1.5 million households lack running water. Tens of thousands of people were missing.
Tuesday, March 15, 2011
Japan EarthQuake!!
I think that everyone should be helping out our neighbors in Japan as they really need help due to the devestation that just recently happened. Give generouly to all charity organizations that support food and relief to the battered people of Japan. Go to International Red Cross and donate your help..
Wednesday, March 9, 2011
New Group!!
Hello,
I just wanted to update everyone on the new business group on Google that I have started last week. If anyone is interested you can join the business discussion on (Modern World) and have a interesting chat about what business ventures are doing to combat the sagging economy and a whole lot more. Everyone is welcome to post to this group and talk about the new markets that you have found or products that you know about or are creating presently. I hope this will be a lively group of business people sharing ideas and products development and marketing.. Have a really great day now and chat live on the group (Modern World) as it is active on Google Groups.
I just wanted to update everyone on the new business group on Google that I have started last week. If anyone is interested you can join the business discussion on (Modern World) and have a interesting chat about what business ventures are doing to combat the sagging economy and a whole lot more. Everyone is welcome to post to this group and talk about the new markets that you have found or products that you know about or are creating presently. I hope this will be a lively group of business people sharing ideas and products development and marketing.. Have a really great day now and chat live on the group (Modern World) as it is active on Google Groups.
Tuesday, February 22, 2011
Growing A Global Business!!
Hello all my friends and assocaites I just wanted to let everyone know that I am back from vacation and ready to continue growing our business into a global enterprise. We will be going into new partnerships and ventures in the near future that will be most productive. Over the last year I have gone through a lot of personal problems and I have seen the economic changes in business. Some people I know have knocked me for not doing more to make this company a global enterprise. I have taken friends and partners comments into consideration and decided to make bigger changes to our business. In a effort to make a greater business I have not watched the stock market as much as I should have and that has resulted in our retail business has gone bad. I have instituted some new policy changes that i feel will help get us on the right track again. I have decided to dump the current phone provider and we in the short term future will be going with a better phone service much sooner. I will keep everyone posted on the new changes and update everyone as to what they all are after they are implemented. Hope everyone has a very blessed day!!
Thursday, January 20, 2011
Growing our Business!!
I just wanted to note that our business has major brand name affilliates and big well known companies added to our marketing program which will increase sales and as more join our company our business keeps expanding into new markets. With the additions to our marketing program and the using of social media now we are reaching a larger market share than we ever did in the past. We are going soon to partner with Satalite radio and use that to promaote our brand name which will reach a whole new spectrum of radio and video readership. in about three months Vimeo and Itunes will begin streaming our content live online and hope to similcast that on satillite radio channnel on Sirrius XM if they agree to it. Let us hope that they will sign on to be our partner and we will either have a show on one of thier channels or maybe even our own channel so we will see how this negotiations go with them sooner. The talk show is almost ready to begin and I will be the host for the new show on BLOGTALKRADIO.com called MODERN POLITICAL THINKING and so I hope that everyone will join the show and make it a great success. In ernest with a bigger growing business we are going to be back on E-Bay selling our products as the page is allready there for usage. A new store page on Amazon and PayPal will also feature our new product base and other companies have allready agreed to sign up annd partner to feature thier products and brand with us. So look for new things coming and hope that our company brand will grow and we will be a bigger success in year 2011.. Oh by the way I have tried to get VOICE America to feature a talk show with me as the host of the show but as of to date they have snubbed me so I will keep trying to get them into our network affilliation and Hope that is successfull sooner. Everyone have a really great day and enjoy your week..
Saturday, January 8, 2011
Learning about Social Media!!
Hello my friends,
I though I would start out by saying that now I am using
socail media for more than just personal things like I did in the past. I have been reading the power of using social media such as facebook and myspace and twitter etc. to publicize my busineeses and my talk show and music like I never did before. Ok call me late to catch on but it hit me recently that if you want to drag customers to your sites to buy or use your products then you should be using social media to bring in into your customer base and generate sales. When I started out thirty five years ago on bulliton boards and began learning how to be a programmer in Basic language who would have thoought that technology would come so far and so fast that in a generation about 33 years that business would need to use socail media to build a good customer base and good public relations would depend on the internet and using social media. well fast forward top the present day to the fact that if your not incorporating social media into a business plan such as I am doing then your business ventures are bound to fail. I have this year started to do what alot of other big busineses have allready done and that is to use social media to promote my companies and my music,talk show and other things that I am into. As of this point my companies are affilliated with alot of giant well known name businesses and I continue to see new market shares open up because the internet is a global medeuim in which you can make money and share the good will and possible phlanthophy of all the businesses that I am doing. I recently reading the biographies of Mark Zuckerberg who created Facebook which many things in his book made alot of sense about creating and builing a business. I came away with a new understanding of how public media is a great platform for business who want to grow and prosper in this new world of the digital age. Your company image really depends now on a good website with a shopping cart and public media to draw in uour customers to it as well as using other things like print and television ads. Lets face it folks the world has radically changed in how it buy and looks for products and services and so as a business if you want to be a success then you had better jump onto the internet and use it's resources to build your business or your going to be lost in the shuffle by your competitors. If you look at the top 100 world wide companies who are making billions they all use the internet and social media such as facebook and twitter etc. to keep up with thier image and to promote new products and services that they are getiing into as well as the ones that the brands that they allready handle both on and offline. So Even the Stock market is all online now and most everything offline is now online in this digital age so creating a new start up company or growing a existing one really depends on putting your company on the internet. So I drink to you and heres to your success everyone and to good cheer today lets go make some money as President and CEO of our business ventures since that is what makes everyones life much better.
With the new invention and growing usage of modern age devices that are mobile and connect to the internet it just makes a even bigger market share that as a business you can tap into and become a additional customer base for the for seeable futher so I am going ahead with a plan to use this untapped base for my businesses and you should be too if you want to grow your company profits for now and the future of your business.
Have a great day now and be blessed by GOD and pad your wallet... BIG SMILE!!!!
I though I would start out by saying that now I am using
socail media for more than just personal things like I did in the past. I have been reading the power of using social media such as facebook and myspace and twitter etc. to publicize my busineeses and my talk show and music like I never did before. Ok call me late to catch on but it hit me recently that if you want to drag customers to your sites to buy or use your products then you should be using social media to bring in into your customer base and generate sales. When I started out thirty five years ago on bulliton boards and began learning how to be a programmer in Basic language who would have thoought that technology would come so far and so fast that in a generation about 33 years that business would need to use socail media to build a good customer base and good public relations would depend on the internet and using social media. well fast forward top the present day to the fact that if your not incorporating social media into a business plan such as I am doing then your business ventures are bound to fail. I have this year started to do what alot of other big busineses have allready done and that is to use social media to promote my companies and my music,talk show and other things that I am into. As of this point my companies are affilliated with alot of giant well known name businesses and I continue to see new market shares open up because the internet is a global medeuim in which you can make money and share the good will and possible phlanthophy of all the businesses that I am doing. I recently reading the biographies of Mark Zuckerberg who created Facebook which many things in his book made alot of sense about creating and builing a business. I came away with a new understanding of how public media is a great platform for business who want to grow and prosper in this new world of the digital age. Your company image really depends now on a good website with a shopping cart and public media to draw in uour customers to it as well as using other things like print and television ads. Lets face it folks the world has radically changed in how it buy and looks for products and services and so as a business if you want to be a success then you had better jump onto the internet and use it's resources to build your business or your going to be lost in the shuffle by your competitors. If you look at the top 100 world wide companies who are making billions they all use the internet and social media such as facebook and twitter etc. to keep up with thier image and to promote new products and services that they are getiing into as well as the ones that the brands that they allready handle both on and offline. So Even the Stock market is all online now and most everything offline is now online in this digital age so creating a new start up company or growing a existing one really depends on putting your company on the internet. So I drink to you and heres to your success everyone and to good cheer today lets go make some money as President and CEO of our business ventures since that is what makes everyones life much better.
With the new invention and growing usage of modern age devices that are mobile and connect to the internet it just makes a even bigger market share that as a business you can tap into and become a additional customer base for the for seeable futher so I am going ahead with a plan to use this untapped base for my businesses and you should be too if you want to grow your company profits for now and the future of your business.
Have a great day now and be blessed by GOD and pad your wallet... BIG SMILE!!!!
Wednesday, January 5, 2011
My Talk Show!!
Hello all my friends around the world I am hard at work on my new talk show called MODERN POLITICAL THINKING on www.blogtalkradio.com and will launch my new talk show in two weeks. I hope to work out all the bugs before that and get things going soon as this is going to be exciting hosting my new show worldwide. I will be updating the information on the date of my first show and what tiime it will be so stay tuned and come enjoy sometthing new..
Have a great day now...
Have a great day now...
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