Wheat market panic could relieve EU surplus problem.(Analysis)(Home…

The News Review:

- Wheat market panic could relieve EU surplus problem.(Analysis)(Home…
- Videos that Put YouTube.com on the Map
- Second Life adds languages to expand online commerce – Oct. 20, 2006
- English talent on horizon
- Immigrants Sending $45 Billion Home
- Ten looks to older group as sales slip

Wheat market panic could relieve EU surplus problem.(Analysis)(Home…
Free with registration – Agra Europe – AccessMyLibrary.com – Oct 20, 2006
(Analysis)(Home Grown Cereal Authority) Wheat market panic could relieve EU surplus problem. (Analysis)(Home Grown Cereal Authority) Publication: Agra Europe Publication Date: 20-OCT-06.

Videos that Put YouTube.com on the Map
NPR – Oct 19, 2006
com founders Steve Chen and Chad Hurley announced their $1. 65-billion acquisition by Google. com with their own home-grown clip. Related NPR StoriesOct.

Second Life adds languages to expand online commerce – Oct. 20, 2006
CNNMoney.com – Oct 20, 2006
"Since more female gamers have appeared, there has been a trend away from shoot-em-up style virtual reality games to more collaborative virtual realities [similar to Second Life]," says Duncan Clark, chairman of the consulting firm BDA China. Based in Beijing, Clark’s group helps companies navigate China’s telecom, media and technology sectors. He adds that China already has a half-billion-dollar online game market that has favored home-grown games that cater to a Chinese sensibility. Fleck says that as Second Life grows in markets with robust gaming industries like China, Korea and India, users will have to decide whether to spend their time playing World of Warcraft or creating in SL. "They can spend that time in Second Life making anywhere from $5 to $25 a month. Thousands of people are doing that already," says Fleck. "When you have that amount of energy and time and $10 means a lot to your economic conditions, you might choose Second Life.

English talent on horizon
Telegraph.co.uk – Oct 20, 2006
The club’s French manager has been criticised in the past for failing to encourage English players and for regularly fielding an all foreign side. But he is confident that Arsenal’s academy system will soon start producing some home-grown players worthy of a first-team place. Speaking to shareholders at Arsenal’s annual general meeting at the Emirates Stadium yesterday, Wenger said: “A concern people have is that maybe we’ve developed less English players than foreign talent. It’s down to one basic reason, and that is that England produces less talent because they responded late with the quality in the academies. “But we are really developing our youth system and in the next three or four years we will produce real domestic talent because we have really top-level domestic talent at the club.

Immigrants Sending $45 Billion Home
Washington Post – Oct 19, 2006
A report released yesterday by the Inter-American Development Bank estimates that immigrants living in the United States will send $45 billion to family members this year, representing a steady increase from about $2 billion in 1980. That money, known as remittances, is five times as large as official development assistance to Latin America and the Caribbean. Remittances have grown as more migrants, often unemployed in their homelands, have come north in search of work. At the same time, governments and international development groups have busily debated how to leverage remittance flows to create jobs and lasting investments. “We know that this is a very important poverty-alleviation program for 20 million families [in Latin America and the Caribbean],” said Donald Terry, manager of the Multilateral Investment Fund of the Inter-American Development Bank. “The big question is can we turn this into a local economic development program. “About $3 billion in remittances will go to El Salvador this year, or about 15 percent of that country’s gross domestic product and more money per capita than flows to Mexico, which will receive $24 billion from immigrants living in the United States… “Poor people will invest if you give them the opportunity to do that. “The development bank’s survey put the percent of remittances available for investment at 15 to 20 percent, or about $12 billion. Nearly 30 percent of people who send money home have used it to buy property, about 1 percent have helped start a business, and less than 5 percent have opened a savings account back home. Governments have had more success leveraging remittances sent home by community groups formed by immigrants living in the United States. Several years ago, Mexico started a matching grant program, which challenges immigrants to raise money for development and infrastructure projects in their home towns. The government matches the funds three-to-one. The Pan American Development Foundation has a similar program with Banco Agrícola SA, a Salvadoran bank.

Ten looks to older group as sales slip
The Age – Oct 19, 2006
Mr Falloon outlined the network’s plans to target a broaderdemographic and move beyond the 16-39-year-old audience that hasbeen its mainstay for advertisers for six years in a row. It nowwants to target an 18-49-year-old age group that will deliver itmore advertising dollars. Future programs from its overseas network deals as well ashome-grown content such as the new drama starting next week calledTripping Over would target this market, he said. But media buyers are sceptical as to whether it can satisfy bothyoung and older audiences. Harold Mitchell, chairman of Mitchell& Partners, said: “It’s a competitive strategy but they run therisk of alienating the younger group to get to the older, richeraudience. I would say it is going to be difficult for them to doboth. Tony Newby, investment director at Carat, branded the move as”rhetoric” to please both media buyers and the investment communitythat it can lift its share of the ad market.

Leave a Reply