Wednesday, November 14, 2012

Stocks slide on Obama, Mideast (2:13)



Nov. 14 - Summary of business headlines: Wall Street tumbles as investors worry about a prolonged fiscal cliff battle and as violence erupts in the Middle East; Federal Reserve says quantitative easing working, but prepared to do more next year; Facebook, Abercrombie & Fitch shares buck market downturn. Conway G. Gittens reports.

Europe's day of anti-austerity action (2:48)



Nov.14 - From Madrid and Lisbon to Athens and Paris, millions of workers joined strikes across southern Europe to protest against spending cuts and tax hikes. Some scuffles broke out as demonstrators clashed with police. Unions say austerity has created misery and deepened the recession. Joanna Partridge reports

European markets at close: 14.11.2012



Published on Nov 14, 2012 by

Feeling the Fed in All Corners of the Market


Nov. 14 (Bloomberg) -- On today's "Chart Attack," Pimco's Richard Clarida and Bloomberg's Adam Johnson look at Federal Reserve monetary policy. They speak on Bloomberg Television's "Street Smart." (Source: Bloomberg)

What's Behind Selloff: Europe, U.S. or Middle East?


Nov. 14 (Bloomberg) -- Pimco's Richard Clarida talks about the markets with Bloomberg's Tom Keene, Adam Johnson and Alix Steel on on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Argentine Debt Default Risk Greater than Any Nation


Nov. 14 (Bloomberg) -- Cristina Alesci reports on headlines making news around the globe. She speaks on Bloomberg Television's "Bloomberg Rewind." (Source: Bloomberg)

euronews futuris: A world without limits



Published on Nov 13, 2012 by
http://www.euronews.com/ New technologies are blurring the boundaries between the real and the virtual world. The brain can control a machine, and even perceive it as its own body. Can that improve our lives?

At Barcelona University, scientists are working on a European Research Project to link a human brain to a robot using skin electrodes and video goggles so that the user feels they are actually in the android body wherever it is in the world.

The electrodes measure brain impulses enabling a person to control the robot's actions without moving their own limbs. The idea is to enable severely disabled people to enter the world via a real-life avatar.

Using a remote avatar, anyone can travel without leaving home. But to make the experience feel more realistic, several senses need to work together.

In a laboratory in Pisa, scientists are testing a chair that vibrates in time with 3D video playback, recreating some of the physical aspects of walking.

An even deeper immersion into the virtual world becomes possible with robotic exoskeletons that simulate physical interactions, and with advanced 3D projection systems.

Touching virtual objects, feeling their texture and weight, will make the digital world more natural and easier to live in.

But what if virtual models could change the real world, making it more accessible? That's the goal of another European project involving hundreds of diabled people in several countries.

Scientists use cameras and sensors to study how physically impaired people move, getting a better idea of their average physical limitations.

The data is used to simulate how motor-impaired people cope with various tasks - such as opening the glove compartment in a car.

With these models, industrial designers will know in advance how safe and convenient their new products are, and can adapt them better for users with physical limitations.

Seeing the screen through the eyes of someone with advanced glaucoma, using the mouse as a person with tremors... makes it easier to understand other people's physical challenges, helping us move towards a world without limits.

For more information see
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EU Brussels finance meeting leaves unanswered questions on Greece



Published on Nov 13, 2012 by
http://www.euronews.com/ On the agenda for Ecofin's roundtable meeting in Brussels - EU banking union and the next chapter in the story of the Greek debt crisis.

But Greece's international lenders argued over targets for the country to lower it's debt to GDP ratio.

Pierre Moscovici, French Finance Minister:
"Our aim is to reach an agreement in principle on the 20th of November and to submit it for due process, after which - at the end of the month - we will move on to the execution of payments."

Germany is the eurozone's biggest contributor to bailout funds. The German finance minister is keen for Greece to plug their financing gap without costing Germany more money.

Wolfgang Schäuble, German Finance Minister:
"We need a reliable mechanism to put what's been declared properly into place. It's not down to a mistrust of the Greek government, but rather the experience we've gained and lessons learnt over the last years."

Rudolf Herbert, Euronews:
"The two finance ministers showed in their joint press conference that they're united on the road to solving the question of Greece's debt. There certainly won't be a haircut for the public creditors anyhow. But what's still not clear is precisely which tools will be used to allow Greece more time without resorting to a new bailout."

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