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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Digital-only Financial Times would still be a difficult trick to perform

Category : Business

As digital FT subscriptions outstrip its newspaper circulation, the printed version seems doomed, but the numbers don’t add up

There’s a predictable buzz of futurology as the FT announces that its digital subscription circulation (301,471 and rising) has passed its print sales (297,227 and falling). How long will it be before pink paper and pounding presses are mere memories? Now, with subscriptions swelling, the FT looks far better placed for such online transition, a digital trailblazer by choice rather than force of circumstance.

Yet hang around for a few more earthbound moments. Nobody, to be honest, can be quite sure yet what such progress means in hard cash terms: the Columbia Journalism Review punches whatever numbers it can find and pronounces FT accounting somewhat “opaque”. It’s fashionable enough for struggling publications to talk of going online-only. Newsweek hinted at just that transition the other day. But digital existence can also be low profile, going on totally obscure. As predicted, Rupert Murdoch’s tablet newspaper The Daily is finding cyberspace a cruel pool for making a splash: no news-stand visibility, no TV or radio summaries, no copies passed from hand to hand. A third of The Daily’s staff were laid off last week.

It’s no accident that big digital advertising launches still happen on posters, TV or via print. And FT editions on newsprint or online are complementary, one defined by familiarity with the other so that, as you sit at your screen in Singapore or Tokyo, the FT you scan there is given a special value by the personality and record of the paper version you can also buy. John Ridding, the FT’s buoyant chief executive, may see a long-term strategy working, but he bridles at the thought of the paper being put to death. On the contrary, digital success had given it “a new lease of life” he told the Guardian last week.

Remember, too, that the FT’s closest competitor, the Wall Street Journal – is big in print and big behind a paywall: 2.1m copies purchased, one way or another, every weekday. Of course the Journal is benefiting from rolling its print and digital reach together, claiming convincingly that it is America’s top-selling newspaper: but there’s no sign of Mr M falling out of love with presses or satellite printing there. Would a digital-only FT be able to compete with an all-singing, all-dancing Journal? Could it keep a separate identity in a new world where Bloomberg and Thomson Reuters are the biggest beasts? And how will it cope with a declining but still crucial print sale as real transition starts to bite? It’s easy to talk about moving from one world to another. But look – more puce than pink – at the logistics of the leap.

Annan says Iran must be player in Syria crisis talks – Reuters

Category : Stocks


The Hindu
Annan says Iran must be player in Syria crisis talks
Reuters
By Douglas Hamilton | BEIRUT (Reuters) – UN peace envoy Kofi Annan waded into big power politics on Tuesday, insisting regional heavyweight Iran should be involved in efforts to find a peaceful solution to the Syria crisis despite the West's firm
Iraq to help in solving Syrian crisisNew York Daily News
UN envoy presses Syrian peace plan with Iran, IraqAtlanta Journal Constitution

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Amid perceived advantage, Obama touts pro-women message – CBS News

Category : Stocks


CBS News
Amid perceived advantage, Obama touts pro-women message
CBS News
President Barack Obama speaks at the White House Forum on Women and the Economy, Friday, April 6, 2012, in the South Court Auditorium of the Eisenhower Executive Office Building on the White House complex in Washington. (Credit: women, obama) Amid an
Obama adds politics to women's forumCNN
Obama focusing on women voters as Mitt struggles to win them overNew York Daily News
Obama Presses His Edge with WomenTIME
ABC News

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Market action this week is a reminder of how dependent valuations are on central bank policy, writes Mohamed El-Erian. Repeated interventions have distorted price discovery, and even though the rewards are becoming less attractive, "when push…

Category : Stocks, World News

Market action this week is a reminder of how dependent valuations are on central bank policy, writes Mohamed El-Erian. Repeated interventions have distorted price discovery, and even though the rewards are becoming less attractive, “when push comes to shove … we suspect that central banks may ultimately resort yet again to their printing presses.” Post your comment!

See original here: Market action this week is a reminder of how dependent valuations are on central bank policy, writes Mohamed El-Erian. Repeated interventions have distorted price discovery, and even though the rewards are becoming less attractive, "when push…

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Farmer shines a light on Japan

Category : World News

Regarding the Feb. 29 Kyodo article “Fukushima farmer presses Tepco to look after abandoned animals”: This person (Naoto Matsumura, 52) is amazing. We lived many years in Japan but have been back in Europe since August.
It is so good to see how one man can change so many things. It must make Japanese people proud to have such a beautiful person helping animals in Fukushima Prefecture.

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Libya demands Niger hand over Gaddafi’s son

Category : World News

Tripoli presses for Saadi Gaddafi’s extradition, after former dictator’s third son calls for new Libya uprising.

Excerpt from: Libya demands Niger hand over Gaddafi’s son

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