Saturday, 14 May 2011

Atlantic International Partnership Headlines: Islamic scholars criticize bin Laden’s sea burial

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Cairo: Muslim clerics said on Monday that Osama bin Laden’s burial at sea was a violation of Islamic tradition that may further provoke militant calls for revenge attacks against American targets.
Although there appears to be some room for debate over the burial – as with many issues within the faith – a wide range of Islamic scholars interpreted it as a humiliating disregard for the standard Muslim practice of placing the body in a grave with the head pointed toward the holy city of Mecca.
Sea burials can be allowed, they said, but only in special cases where the death occurred aboard a ship.
“The Americans want to humiliate Muslims through this burial, and I don’t think this is in the interest of the US administration,” said Omar Bakri Mohammed, a
A US official said the burial decision was made after concluding that it would have been difficult to find a country willing to accept the remains. There was also speculation about worry that a grave site could have become a rallying point for militants.
The official spoke on condition of anonymity to discuss sensitive national security matters.
President Barack Obama said the remains had been handled in accordance with Islamic custom, which requires speedy burial, and the Pentagon later said the body was placed into the waters of the northern Arabian Sea after adhering to traditional Islamic procedures – including washing the corpse – aboard the aircraft carrier USS Carl Vinson.
But the Lebanese cleric Mohammed called it a “strategic mistake” that was bound to stoke rage.
In Washington, CIA director Leon Panetta warned that “terrorists almost certainly will attempt to avenge” the killing of the mastermind behind the September 11 attacks.

Atlantic International Partnership Headlines: Capitol Hill Urges UBL Photo Release

http://atlanticinternationalpartnershipreviews.com/?p=11U.S. officials still haven’t decided whether or not to release photo proof that terror mastermind Usama bin Laden is dead, so Sen. Lindsey Graham is trying to make the case by saying it’s in the country’s best interest.
“I know the Geneva Convention very well,” the South Carolina Republican and member of the Armed Services Committee told Fox News Radio, “but this is a circumstance where I believe it’s not a violation of the convention, it would be in our national interests to make a case, documented case, that this was Usama bin Laden, he is dead.”
Graham does admit, though, that there will always be doubters and conspiracy theorists. “I think [releasing the photo] would be a smart thing to do, and have it rolled out in a sensitive way, but prove it beyond a reasonable doubt, and some people still won’t believe it,” he told Kilmeade and Friends.
Others on Capitol Hill agree. Sens. Susan Collins, R-Maine, and Joe Lieberman, I-Conn., both of who sit on the Armed Services and Homeland Security Committees, conceded in a news conference Monday that it may be necessary to release the photo.
Lieberman said that it was a “very difficult decision” to make, but that a photo release would help to quell doubts. Collins echoed her colleague, explaining that while she has “no doubt” UBL is dead there are some that could peddle a myth that he is alive.
House Intelligence Committee Chairman Mike Rogers said it’s important to “maintain dignity,” while not inflaming falsehoods and tension worldwide.
Obama counterterrorism adviser John Brennan told reporters at the White House briefing Monday that the administration is still trying to determine if and what will be released “to make sure nobody has any basis to deny that we got bin Laden.”
Photo proof isn’t the only thing Graham thinks would help prove that the mission was, in fact, accomplished.
“[T]his idea of disposing the body within 24 hours because of tradition bothers me a bit,” Graham said, speaking of the decision to bury the body at sea earlier Monday. “[W]e will be under attack as to whether or not it really was him. And I’m not so sure that was a wise move, I’d like to hear more about that. I think that may have been sensitivity taken too far.”

Atlantic International Partnership Headlines: Obama to Visit NYC’s Ground Zero, Calls for National Unity Like After 9/11

http://atlanticinternationalpartnershipreviews.com/?p=14One day after he announced the killing of Usama bin Laden, President Obama said he will travel to Ground Zero in New York City to meet with the families of 9/11 victims.
Ground Zero, the site of the Sept. 11, 2001, attacks by Al Qaeda that felled the World Trade Center’s Twin Towers, has turned into a rallying site since New Yorkers learned the Al Qaeda leader was killed Sunday during a raid by U.S. Navy SEALs.
Former President George W. Bush also notably visited the site in the days after the attacks in 2001, gave his memorable speech by megaphone to emergency workers.
Obama addressed members of Congress at the White House Monday and said he felt the “same sense of unity as 9/11.” He also thanked the heroes who carried out the mission.
“I know that unity that we felt on 9/11 has frayed a little bit over the years, and I have no illusions about the difficulties, the debates we’ll have to be engaged in in the weeks and months to come,” Obama said. “But I also know there have been several moments like this during the course of this year that have brought us together as an American family, whether it was the tragedy in Tucson or most recently our unified response to storms that have taken place in the South.”
U.S. forces killed bin Laden during a raid on a compound in Pakistan where he had been hiding, then buried him at sea.
Flag-waving crowds have been gathering at the lower Manhattan site of the attack since Obama announced bin Laden’s death late Sunday.
Some local law enforcement agencies in the U.S. were adding security measures Monday, including at the site of the Sept. 11 attacks.

Atlantic International Partnership Headlines:Dubai aims to become world’s top airport for international passengers

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Dubai International Airport officials say they expect to handle 98.5 million passengers annually by 2020.
The Associated Press adds “Dubai International Airport is already the world’s fourth busiest in terms of international passengers. Dubai Airports CEO Paul Griffiths said Tuesday he expects it to push London Heathrow from the No. 1 spot within four to five years.”
RELATED: Emirates airline says it navigated ‘tough year’
PHOTO GALLERY: A walk-through of Emirates’ A380
AP says fast growth by Dubai-based carriers Emirates and FlyDubai are helping fuel the airport’s aggressive projections.
Meanwhile, Dubai is currently building a second airport — Dubai World Central-Al Maktoum International — though its opening for passenger service has been delayed until 2012.
Reuters notes the airport — which will be “billed as the world’s largest airport when it opens (for passenger flights) in 2012″ — is already accepting cargo flights.
Dubai Airports — which operates both Dubai World Central and Dubai International — says Dubai World Central will be able to accommodate 160 million passengers a year once commercial passenger flights begin.
Reuters says the new airport “is part of the Dubai World Central transport hub which the Gulf Arab emirate is developing to underpin efforts to become a key Mideast logistics center.”
“Increased liberalization, GDP growth and increasingly affluent and mobile populations in emerging markets will combine to propel air travel growth worldwide,” Paul Griffiths, Dubai Airports CEO, is quoted as saying by Trade Arabia.

Atlantic International Partnership Headlines :Bin Laden’s war against the U.S. economy

http://atlanticinternationalpartnershipreviews.com/?p=46Did Osama bin Laden win? No. Did he succeed? Well, America is still standing, and he isn’t. So why, when I called Daveed Gartenstein-Ross, a counterterrorism expert who specializes in al-Qaeda, did he tell me that “bin Laden has been enormously successful”? There’s no caliphate. There’s no sweeping sharia law. Didn’t we win this one in a clean knockout?
Apparently not. Bin Laden, according to Gartenstein-Ross, had a strategy that we never bothered to understand, and thus that we never bothered to defend against. What he really wanted to do — and, more to the point, what he thought he could do — was bankrupt the United States of America. After all, he’d done the bankrupt-a-superpower thing before. And though it didn’t quite work out this time, it worked a lot better than most of us, in this exultant moment, are willing to admit.
Bin Laden’s transition from scion of a wealthy family to terrorist mastermind came in the 1980s, when the Soviet Union was trying to conquer Afghanistan. Bin Laden was part of the resistance, and the resistance was successful — not only in repelling the Soviet invasion, but in contributing to the communist super-state’s collapse a few years later. “We, alongside the mujaheddin, bled Russia for 10 years, until it went bankrupt,” he later explained.
The campaign taught bin Laden a lot. For one thing, superpowers fall because their economies crumble, not because they’re beaten on the battlefield. For another, superpowers are so allergic to losing that they’ll bankrupt themselves trying to conquer a mass of rocks and sand. This was bin Laden’s plan for the United States, too.

“He has compared the United States to the Soviet Union on numerous occasions — and these comparisons have been explicitly economic,” Gartenstein-Ross argues in a Foreign Policy article. “For example, in October 2004 bin Laden said that just as the Arab fighters and Afghan mujaheddin had destroyed Russia economically, al Qaeda was now doing the same to the United States, ‘continuing this policy in bleeding America to the point of bankruptcy.’ ”
For bin Laden, in other words, success was not to be measured in body counts. It was to be measured in deficits, in borrowing costs, in investments we weren’t able to make in our country’s continued economic strength. And by those measures, bin Laden landed a lot of blows.

Atlantic International Partnership Headlines:Japanese economy more important than it seems

http://atlanticinternationalpartnershipreviews.com/?p=49Even in an age of global diversification, Japan is one big economy that gets scarcely any respect from investors. Maybe that should change.
This, at least, is the contention of Peter Berezin, a managing editor of Montreal’s Bank Credit Analyst investment publication.
Berezin, who formerly worked as an economist for Goldman Sachs and the International Monetary Fund, is quite aware of Japan’s long, lamentable record of deflation and stock-market disappointments. Over the past decade, Japan’s Nikkei 225 index has lost fully 30 per cent of its value. Over this same period, Canada’s commodity-fuelled S&P/TSX index has gained 75 per cent.
Indeed, he joked Monday, “the bar for upside surprises is pretty low.”
But this, of course, can be quite a good thing in the investment world. If good news is not a surprise, then it’s already priced into an investment.
That’s certainly not the case in Japan. Investors are less than impressed with the outlook for a country whose economy has been in a coma for two decades, struggling to recover from big real estate and stock bubbles that imploded at the end of the 1980s. Indeed, nominal GDP hasn’t grown since 1990, Berezin notes, and the country’s future is clouded by the developed world’s heaviest debt load and an aging workforce that’s actually shrinking year after year.
Japan’s credit rating reflects these awful trends. Although it’s a rich country that is home to many of the world’s most successful multinational corporations, Japan has seemed unable to take control of its enormous national debt.
As a result, its credit rating was cut in January to AA-, three notches below that of Canada or the U.S. There’s even the risk that it could be cut again, this time because of hefty new borrowing to fund an estimated $300 billion in reconstruction needed after the massive earthquake and tsunami that struck in March.

Atlantic International Partnership Headlines: Ireland’s progress on meeting conditions of EU-IMF programme for financial support

http://atlanticinternationalpartnershipreviews.com/?p=51MARGINAL NOTES : GYRÖGY MATOLCSY, the Hungarian finance minister and the current chairman of the EU Council of Economic and Finance ministers, knows a thing or two about embracing the IMF, his country having received a €20 billion bailout in 2008. Hungary, which holds the rotating EU presidency, is still struggling with an unwieldy deficit, but it has enjoyed a bond rally of late, which means its borrowing costs are falling.
DEMOCRACY CAN sometimes get in the way of the smooth passage of financial “assistance”. The Irish electorate’s comprehensive rejection of the Fianna Fáil-Green Party coalition in the February election has meant the deal has had to be renegotiated in painstaking detail, even if the resulting revised deal resembles the original quite a bit. The EU and IMF are now at a similar crossroads with Portugal.
IRELAND’S FINANCE “partners” are scheduled to carry out a total of 13 quarterly reviews of the State’s progress in reshaping the economy along more acceptable lines between now and the end of 2013. The phrase “the Irish authorities will present a comprehensive report” crops up more than once in the list of “actions” to be completed between now and then.
“STRUCTURAL reform objectives” is Government jargon for cutting wages in sectors such as retail, catering and contract cleaning that are covered by employment regulation orders (EROs) or registered employment agreements (REAs).
Reducing replacement rates (the ratio of income in work to income while out of work) traditionally involves the cutting of social welfare payments, officially in order to avoid poverty traps – a strategy that tends to stand a better chance of succeeding when there are actual jobs available.
FORMER MINISTER for finance Brian Lenihan has accused Jean Claude Trichet and his colleagues at the European Central Bank of forcing Ireland into accepting the €85 billion bailout package, suggesting that some members briefed against Ireland and implying this was a “betrayal”. Internal politics within the Frankfurt-based institution tend to be complex.

Atlantic International Partnership Headlines: Florida’s left-wing gives predictably bad reviews to 2011 session

http://atlanticinternationalpartnershipreviews.com/?p=53TALLAHASSEE — The 2011 lawmaking session isn’t over yet, but the canned scorn from affected unions and conservation groups is filling up the inbox. Here’s a sampling, with a rare dose of praise from Associated Industries of Florida:
“This legislative session marks a critical time of recovery for our state’s economy. Helping bolster our economic rehabilitation, unemployment compensation legislation passed today will render much-needed relief to Florida’s struggling businesses and protect jobs. With a historic number of Floridians out of work, the unemployment compensation system faced a near depletion of the trust fund which offsets businesses unemployment taxes. Associated Industries of Florida (AIF) worked alongside legislators in the House and Senate to reduce the costs associated with unemployment tax rates,” said Tammy Perdue, General Counsel, Associated Industries of Florida Regarding Passage of Unemployment Compensation Legislation (HB 7005/SB 728).
“The legislature rolled back protections, decades in the making, to ensure the water flowing into the Everglades, our lakes, rivers and streams are clean and safe for our children and families. The vast majority of the most problematic proposals passed this session were ideas that were roundly rejected by Gov. Jeb Bush as too extreme. If you think Florida needs more strip malls, over-crowded schools, traffic, you did all right this session. The depth and breadth of the legislative assault on Floridian’s quality of life has been staggering and unprecedented. If you don’t swim at the beach, if you don’t fish, if you don’t breathe, and if you don’t drink water this was a good session for you,” said Charles Lee, Director of Advocacy, Audubon of Florida.
“It will take time for the public to fully appreciate the extent to which their interests were trampled on by those in power over the last 60 days. Middle class Floridians will see higher insurance rates, higher phone rates, more sprawl, and more obstacles to having a voice in their elections. Meanwhile, industries will enjoy less regulation, more public dollars boosting their bottom lines, and the ability to funnel money into legalized slush funds for political leaders,” said Florida PIRG AdvocateBrad Ashwell.

Atlantic International Partnership Headlines: Pacquiao vs Mosley Prediction

http://atlanticinternationalpartnershipreviews.com/?p=55It’s the fight the boxing world has been waiting for, and tonight it’s finally going down, as Manny “Pacman” Pacquiao defends his WBO Welterwight title against “Sugar” Shane Mosley in a 12-round championship bout at the MGM Grand Garden Arena in Las Vegas.
Mosley, ranked the No. 3 world contender and boasting a 46-6-1 record with 39 knockouts in his career, officially weighed in 147 pounds. Pacquiao, the undisputed No. 1 pound-for-pound fighter in the world and sporting a record of 52-3-2 with 38 knockouts in his career, weighed in at 145 pounds.
Pacquiao has torn a path of destruction en route to his status as Welterweight champ of the world, as he hasn’t lost a fight since 2005 and has notched a belt in a record eight weight classes. In his most recent bout last November against Antonio Margarito, Pacquiao walked away with a unanimous decision in a fight that should probably not have gone the distance, as evidenced by Margarito’s pummeled face and fractured orbital bone.

Atlantic International Partnership Headlines:China says mulling Spanish investment, including banks

http://atlanticinternationalpartnershipreviews.com/?p=58The remarks confirm earlier comments from Spain that Madrid and Beijing were discussing possible investments, although the two have never shed light on the size of any deals.
“At present, related bodies are in communication with Spain to discuss all kinds of investment opportunities, including in the reorganisation of Spanish savings banks,” ministry spokesman Hong Lei told a regular news briefing.
Worried that it too may be engulfed by Europe’s debt crisis, Spain wants to attract new capital into its banks to assure investors its financial system does not need be bailed out, unlike Greece, Ireland and Portugal.
Spanish regional banks, or cajas, are Madrid’s biggest headache right now after a bursting of the country’s property bubble saddled banks with billions of euros in bad debt.
Madrid has estimated that the banks need at least 15 billion euros ($21.7 billion) in new capital.
To that end, Spanish Prime Minister Jose Luis Rodriguez Zapatero visited China and Singapore last week to persuade them that Spain’s public debt and banks were a good investment.
Some confusion accompanied the trip however, after China’s sovereign wealth fund denied a comment from a Spanish government source that it may invest $9 billion in Spain. [ID:nLDE73D0YQ]
Beijing is a natural target in Madrid’s hunt for capital since China has $3.05 trillion worth of foreign exchange reserves and is looking for places to invest that mountain of cash. (Reporting by Ben Blanchard and Koh Gui Qing; Editing by Chris Lewis)

Atlantic International Partnership Headlines:Sports briefs: Wozniacki, Sharapova advance in Madrid Open

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GOLF • Caroline Wozniacki easily advanced to the second round of the Madrid Open on Sunday, while Maria Sharapova had to rally to beat Arantxa Rus 2-6, 6-3, 6-2. The top-seeded Wozniacki did not give Ayumi Morita of Japan a single break opportunity and the Dane rolled to a 6-2, 6-3 win at the clay-court event.
• In Belgrade, Serbia, Novak Djokovic beat Feliciano Lopez 7-6 (4), 6-2 Sunday to win the Serbia Open for his fifth title and 27th straight win this season.
• In Oeiras, Portugal, Juan Martin del Potro beat Fernando Verdasco 6-2, 6-2 on Sunday in the final of the Estoril Open.
• In Munich, Nikolay Davydenko won his second BMW Open title by beating Florian Mayer of Germany 6-3, 3-6, 6-1 Sunday.
Uncle Mo is a go for Kentucky Derby
HORSE RACING • Uncle Mo is ready for the Kentucky Derby. And his owner is ready to bet on him. Big time. The 3-year-old colt put together what trainer Todd Pletcher called a “textbook” workout Sunday morning at muddy Churchill Downs, clearing the way for the once-prohibitive Derby favorite to head to the paddock for Saturday’s Run for the Roses.

Atlantic International Partnership Headlines:US holds photos of slain bin Laden, weighs release

http://atlanticinternationalpartnershipnews.com/2011/05/atlantic-international-partnership-headlinesus-holds-photos-of-slain-bin-laden-weighs-release/
WASHINGTON – U.S. officials weighed the pros and cons of releasing secret video and photos of Osama bin Laden, killed with a precision shot above his left eye, as fresh details emerged Tuesday of an audacious American raid that netted potentially crucial al-Qaida records as well as the body of the global terrorist leader.
President Barack Obama is going to ground zero in New York to mark the milestone and remember the dead of 9/11.
White House counterterrorism adviser John Brennan said the U.S. already was scouring items seized in the raid — said to include hard drives, DVD’s, documents and more that might tip U.S. intelligence to al-Qaida’s operational details and perhaps lead the manhunt to the presumed next-in-command, Ayman al-Zawahri.
As for publicly releasing photos and video, Brennan said in a series of appearances on morning television: “This needs to be done thoughtfully,” with careful consideration given to what kind of reaction the images might provoke.
At issue were photos of bin Laden’s corpse and video of his swift burial at sea. Officials were reluctant to inflame Islamic sentiment by showing graphic images of the body. But they were also eager to address the mythology already building in Pakistan and beyond that bin Laden was somehow still alive.
Patience and persistence — characteristics normally attributed to al-Qaida — proved decisive in America’s decade-long hunt for bin Laden, whose fate was sealed in 40 minutes of thunderous violence, years in the making.

Atlantic International Partnership Headlines:Spain’s region urged to stick to dificit limits

http://atlanticinternationalpartnershipnews.com/2011/05/atlantic-international-partnership-headlinesspains-region-urged-to-stick-to-dificit-limits/Spain’s finance minister has insisted that all 17 autonomous regions cut their budget deficits to agreed levels amid revived concerns among sovereign bond market investors at the nation’s finances.
Elena Salgado, together with Carlos Ocaña, the budget secretary, and other senior officials, met regional finance ministers in Madrid on Wednesday evening to implore them to comply with a deficit limit of 1.3 per cent of gross domestic product in 2011 and to map out austerity policies for the following three years.
Spain has regained credibility in the bond markets but was able to meet its overall 2010 public sector deficit target of 9.3 per cent of GDP only because the central government performed better than planned.
Nine of the 17 regions, by contrast, exceeded their deficit limits last year.
In 2011, the overall Spanish deficit is supposed to fall further to 6 per cent of GDP as Spain attempts to differentiate itself from weaker “peripheral” eurozone economies such as Greece, Ireland and Portugal, which have accepted financial rescue packages from the European Union and the International Monetary Fund.
But the newly elected Catalan nationalist government in the Catalonia region of eastern Spain – with an economy the size of Portugal’s – has already said it cannot meet its 2011 target, even after drastic cuts in public spending. Other regions are struggling.

Atlantic International Partnership Headlines:Royal Wedding: Boom or bust?

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Offices across the UK have been spookily quiet the past few days. First there was the Easter holidays, followed swiftly by the extended Royal Wedding / May Day Bank Holiday weekend. Many workers deemed the three day week in between these two mega-weekends as insignificant, and by taking just three days vacation many could be out of the office for 11 days. So has the Royal Wedding hindered the productivity of the UK economy?
  • Extra holidays are a royal nuisance. In the Financial Times, Alison Smith wrote about the staffing troubles some companies have faced through the extended holidays. “Even within a single sector, different practices prevail,” she explained. Tesco, for example, will give the day off with pay to staff contracted to work,?and?will?pay?top?rates to staff who agree to work on the day. But Marks and Spencer is simply altering opening hours, staying shut until 1 pm so that staff can spend the morning watching the occasion if they choose, and then come in for a normal afternoon of work. Smith mused that at least 2012’s?extra bank holiday – for the Queen’s diamond jubilee – comes in early June, two months after Easter. “Not only will this relieve pressure on the days in between but, after this year’s extravaganza, employers will be better at handling the issue.”
  • The view from across the Atlantic. Even the LA Times picked up on the fact that it may not be wise for the UK to add an extra holiday, “at an estimated cost of nearly nearly $10 billion”, when climbing out of a recession. “All the hype about block parties, big champagne orders and wedding kitsch of unspeakable tackiness has obscured a dismaying fact: The royal nuptials are likely to be a drag on Britain’s economy, not a boost.” They’ll cost the public purse at a time of painful government austerity. And “That loss dwarfs whatever gains come from tourism and sales associated with the royal wedding.”

Atlantic International Partnership Headlines:US stock market, economy and companies update (May 03, 2011)

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- Markets remained choppy following the NY open. Stock prices are finding little momentum while the NASDAQ and Russell continue to noticeably underperform. The Greenback remains under pressure but it is having much less of an effect on commodities this session. Factory orders topped estimates while General Motors reported strong April sales figures. The US benchmark 10-year yield declined to 3.25% matching that of the German Bund for first time since November.
- Overall Q1 earnings reports are being greeted with some selling. Sears Holding is down 9% after guiding Q1 to a substantial loss. Clorox is off 4% after tweaking FY earnings and margin guidance due to higher than anticipated costs. Vishay and Computer Sciences are losing substantial ground after disappointing earnings and lowered guidance respectively.
- The USD encountered some turbulence during the NY morning but stayed within recent ranges after key support held in the EUR/USD and GBP/USD held early in the session. Dealers noted that a combination of factors set the tone. First the 12-month Treasury yield declined to a record low in the US while the convergence process continued between the German 10-year Bunds and US-10-year note as they now yielded 3.25%. Lastly the persistent chatter of a hawkish US think tank report on the ECB monetary policy again surfaced ahead of the ECB rate decision later this week. By late in the NY morning the Greenback was under renewed pressure once again. USD/CHF made a new lifetime low below 0.86 while the EUR/USD climbed back above 4-week uptrend line at 1.4850. The USD/JPY has hit fresh post-coordinated intervention lows below 80.70.

Atlantic Internartional Partnership Headlines: West Bromwich Albion boss Roy Hodgson ignoring headlines criticising his ability as a manager

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Hodgson has had an up-and-down season; he was sacked by Liverpool in January, but since then he has taken West Brom to safety after they had slumped alarmingly mid-season under former manager Roberto Di Matteo.
Since Hodgson left Anfield, the Reds have had a complete turnaround in form under new interim boss Kenny Dalglish and are now on the brink of making the Europe League next season after climbing up to fifth.
However, it was only a few years ago that Hodgson was saving Fulham from almost certain relegation, before taking them into the Europe League final where they narrowly lost to Atletico Madrid.
And he has asked reporters to judge him on his whole managerial career, which has seen him manage in Scandinavia and at Inter Milan, before criticising him.
“I would like to have thought that people who studied my career during 36 years wouldn’t have made judgements on good and bad in the space of months,” he told reporters.
“I always remain positive in that respect. I think that in a career that has been as long as mine I’m very satisfied with it myself and I don’t follow the headlines.
“If there are headlines suggesting I’m not very good or headlines that I am very good, I take it all with the same pinch of salt.

Atlantic Internartional Partnership Headlines: Kvitova beats Azarenka for Madrid crown

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MADRID, SPAIN  - Petra Kvitova captured her third title of the year Sunday by pulling out a straight-sets victory against Victoria Azarenka in the final of the Madrid Open.
Kvitova, seeded 16th, recorded a 7-6 (7-3), 6-4 win in one hour, 42 minutes, and continues to rise in the women’s tennis world. She won in Brisbane to start the year before reaching the quarterfinals at the Australian Open, and beat Kim Clijsters for the Paris Indoors crown in February.
Sunday’s victory gave Kvitova her first WTA title on clay, and the 21-year-old Czech will move into the top 10 for the first time next week. She is currently ranked 18th.
Kvitova, who is 4-1 all-time in WTA finals, grabbed the victory thanks to a strong return game. She won 70 percent (16-of-23) of points when pushing Azarenka to her second serve.
Azarenka, the fourth seed, was also trying for her third title of 2011, but couldn’t beat Kvitova in key moments. She converted 3-of-9 break chances and was broken four times.

Atlantic Internartional Partnership Headlines: White House respond to GOP’s Consumer Bureau threat

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… In a letter sent to the president Thursday, a bloc of 44 Republican senators vowed to block any nominee to be the first director of the agency until some of the CFPB’s new powers were checked. …
… “The consumer agency’s sole mission is to protect American families and provide the tools they need to make smart financial decisions,” said White House spokeswoman Amy Brundage. “For far too long, American consumers have fallen victim to fraud, misleading claims, and powerful special interests and the President believes that American families who were the hardest hit by this financial crisis deserve an independent watchdog to protect consumers and prevent predatory lending and other abuses in the future.”

Atlantic Internartional Partnership Headlines:How much of a bargain is real estate in Spain?

http://atlanticinternationalpartnershipnews.com/2011/05/atlantic-internartional-partnership-headlineshow-much-of-a-bargain-is-real-estate-in-spain/Last week members of the Spanish government came to London to present Spain as an attractive destination for property investment. Sean O’Hare finds out what the audience thought.

To an audience of UK investment fund managers and financial advisors, Spain’s minister for housing Jose Blanco and secretary of state for housing Beatriz Corredor attempted to show that Spain, although struck by the crisis, is a solid economy showing signs of recovery.
The message was directed at investors in the Spanish housing market in the hope of filling a surplus supply of approximately 700,000 homes, the majority built along the southern Spanish coastline.
The presentation conceded that over-development had taken place but that prices had adjusted accordingly.
The national average house price decrease was 25 per cent, and in certain areas in Andalucia prices had fallen by as much as 49 per cent, investors were told.
But with Spain’s record unemployment level breaching 20 per cent, rumours of its economy following in the footsteps of Greece, Ireland and Portugal, and a property sector reputation somewhat tarnished by horror stories of expats falling foul of Spain’s retrospective planning laws, the burning question on the lips of financiers going into the room was: just how much of a bargain is Spain and would high-risk investment be rewarded accordingly?

Atlantic International Partnership Financial Headlines:More women take financial lead in household

http://altlanticinternationalpartnership.net/2011/05/atlantic-international-partnership-financial-headlinesmore-women-take-financial-lead-in-household/DALLAS — Many couples run their households jointly, making financial decisions together as partners.
But more and more women are taking on the role of their family’s chief financial officer.
They set the budget, pay the bills, make the grocery list and can tell you how much it truly costs to run the family.
“Over the last five years, we have seen a significant increase with the clients and potential clients we have interviewed where the female in the relationship is either taking the lead in the decision-making process or at a minimum is involved in setting the objectives and risk tolerances for the family finances,” said Karen Burns, president of Capital Ideas, a Dallas investment firm.
“This is a dramatic change from when my partner first entered the investment world more than 40 years ago and a significant change from when I entered the business in 1995.”
In the past, her firm “rarely met the female spouses in our strategy meetings with our clients,” she said. “And now, most of the couples we deal with include either both spouses and frequently just the female.”
Experts say part of the reason for the change is that more women are earning their own money and becoming financially self-sufficient.

Atlantic International Partnership Financial Headlines:Bad China, good weather will bust commodity market ‘en masse,’ Grantham says

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Jeremy Grantham said there is a 25 percent chance that China, the world’s second-largest economy, will “stumble” by next year over imbalances such as too much capital spending, an overheating real estate market or accelerating inflation.
“You could have a financial stumble, a housing stumble, a stumble from rebalancing of capital spending, or any combination thereof,” Grantham, chief investment officer of Grantham Mayo Van Otterloo & Co., said in an April 26 interview in Boston.
China’s economic growth may “slow to considerably less” than the 9.7 percent pace reported for the first quarter, Grantham said. Inflation accelerated to 5.4 percent in March, the fastest pace since July 2008, adding more pressure on officials to tighten monetary policy.
Grantham, 72, is best known for his bearish outlook and for spotting asset bubbles early. He correctly forecast in 2000 that U.S. stocks would decline in the coming decade, and as early as July 2007 predicted that a large global bank would go bust amid credit market declines. He recommended buying U.S. stocks for a five-month period starting in early 2009 in what he called “my very short life as a bull.”
“I find it intellectually convincing,” Grantham said, referring to the idea that China’s economy will slow. Still, “they have the ability to get everybody to change the game on a dime.”

Atlantic International Partnership Headlines:Bin Laden’s Death Reverberates in Media and Economy

http://altlanticinternationalpartnership.net/2011/05/bin-ladens-death-reverberates-in-media-and-economy/Social media and other news outlets raced to report the demise of terrorist Osama bin Laden, and the impact was even felt in the stock market and oil prices. As TV newsmen floundered waiting for President Barack Obama to announce bin Laden’s death, Twitter reported record tweet volumes. Hackers are expected to take advantage.
The demise of terrorist Osama bin Laden continued to shake up the world on Monday as details spread of a daring raid by U.S. Navy Seals that took out the Al Qaeda leader. There was an early surge in stock prices, and oil initially fell more than three percent, but skepticism about the future of the Middle East soon caused a correction, Reuters reported.
Traditional vs Social Media
The event was also an extravaganza for conventional media as well as emerging social-media communications. TV networks broke into their regularly scheduled programming around 10:40 p.m. Eastern time Sunday night to announce the news after the White House sent out an advisory that President Barack Obama would address the nation. That didn’t happen for almost an hour, leaving correspondents such as Geraldo Rivera of Fox and Wolf Blitzer of CNN awkwardly grasping for information, frequently shifting between commentators and file footage of bin Laden while waiting for details.

Atlantic International Partnership Headlines:Japan’s Economy Struggles for Air

http://altlanticinternationalpartnership.net/2011/05/loading-symbols-authors-japans-economy-struggles-for-air/With the arrival of the first real Japanese data since the tsunami struck, the immensity of the tragedy which Japan is passing through is only now gradually becoming apparent. Exports were down by a seasonally adjusted 7.7% in March over February, while imports only fell by a much more modest 1.4%, with the inevitable consequence that the trade surplus, which forms the lifeline for Japan’s fragile economy, shrank sharply. In particular car production was badly hit, with output at Toyota (TM) plunging 62.7% during the month, while Nissan (NSANF.PK) reported a drop of 52.4% and Honda (HMC) put the shrinkage in its Japanese domestic production at 62.9% – adding that output would be at 50 percent of its former projections until at least the end of June.
In fact March output across the whole of Japanese industry fell at a record monthly pace of 15.3%, while household spending declined at the record annual rate of 8.5%.


Large as they are, however, these numbers were to some extent expected. More worrisome from the Japanese point of view is the fact that production may be many months getting back to earlier levels given supply chain problems and the fact that electricity generating capacity will remain problematic, leading to reductions in the level of power available.

Atlantic International Partnership Headlines:Money literally could not buy this kind of publicity for Brand Britain

http://altlanticinternationalpartnership.net/2011/05/atlantic-international-partnership-headlinesmoney-literally-could-not-buy-this-kind-of-publicity-for-brand-britain/

What does the UK economy get out of the Royal wedding? That might seem a rather nerdy question to pose, just the sort of question that justifies economics’ soubriquet of “the dismal science”.
Any tally of the additional money spent by visitors, setting that off against the loss of output because of the extra bank holiday, does have a dismal ring to it. But what lifts the whole matter to a different level is the value and role of a brand. On its ability to attract a global television audience, the British Royal family would appear to be the greatest brand on earth. But is it worth anything?
On conventional arithmetic the impact of the wedding on the economy looks to be broadly neutral, maybe slightly positive. On the one hand it is disruptive, not just because of the extra day of holiday but because it comes in the middle of a whole wodge of extra days off, with the late Easter jumbling up with the early May bank holiday. You would normally expect any lost output to be recovered quickly, as common sense would suggest. But if you look back at the precedent of the Queen’s Golden Jubilee in June 2002, there was indeed a sharp fall in industrial output that was not immediately offset by subsequent gains.

Atlantic International Partnership Headlines:Pakistan warns U.S.: No more raids

http://altlanticinternationalpartnership.net/2011/05/atlantic-international-partnership-headlinespakistan-warns-u-s-no-more-raids/Officials say there would be “disastrous consequences” if U.S. executes more unauthorized operations, but stop short of calling bin Laden raid illegal

(CBS/AP)
ISLAMABAD – Pakistan warned America Thursday of “disastrous consequences” if it carries out any more unauthorized raids against suspected terrorists like the one that killed Osama bin Laden.
However, the government in Islamabad stopped short of labeling Monday’s helicopter raid on bin Laden’s compound not far from the capital Islamabad as an illegal operation and insisted relations between Washington and Islamabad remain on course.
The army and the government have come under criticism domestically for allowing the country’s sovereignty to be violated. Some critics have expressed doubts about government claims that it was not aware of the raid until after it was over.

Atlantic International Partnership Headlines: Sony CEO sorry for PlayStation woes

http://altlanticinternationalpartnership.net/2011/05/atlantic-international-partnership-headlines-sony-ceo-sorry-for-playstation-woes/
Sony CEO Howard Stringer has apologized for the PlayStation attack and promised service will be up and running again soon.
Stringer’s apology was one of several updates Sony has posted recently in its PlayStation blog.
Here is part of Stringer’s post:
To date, there is no confirmed evidence any credit card or personal information has been misused, and we continue to monitor the situation closely. We are also moving ahead with plans to help protect our customers from identity theft around the world. A program for U.S. PlayStation Network and Qriocity customers that includes a $1 million identity theft insurance policy per user was launched earlier today and announcements for other regions will be coming soon.
In mid April, Sony’s PlayStation Network and Qriocity, its media streaming service, were shut down after a hacker attack.
The Japanese company later admitted that its Sony Online Entertainment (SOE) division, previously thought to be untouched by the hack that shuttered its PlayStation Network, had also been compromised.
Sony said it believes hackers stole personal information from about 25 million users and that the credit card information for some non-U.S. customers may have been taken
The Stringer letter was reported by The New York Times.

Atlantic International Partnership Headlines: China as Number One? Don’t Bet Your Bottom Dollar

http://altlanticinternationalpartnership.net/2011/05/atlantic-international-partnership-headlines-china-as-number-one-don%E2%80%99t-bet-your-bottom-dollar/
Tired of Afghanistan and all those messy, oil-ish wars in the Greater Middle East that just don’t seem to pan out?  Count on one thing: part of the U.S. military feels just the way you do, especially a largely sidelined Navy — and that’s undoubtedly one of the reasons why, a few months back, the specter of China as this country’s future enemy once again reared its ugly head.
Back before 9/11, China was, of course, the favored future uber-enemy of Secretary of Defense Donald Rumsfeld and all those neocons who signed onto the Project for the New American Century and later staffed George W. Bush’s administration.  After all, if you wanted to build a military beyond compare to enforce a long-term Pax Americana on the planet, you needed a nightmare enemy large enough to justify all the advanced weapons systems in which you planned to invest.
As late as June 2005, neocon journalist Robert Kaplan was still writing in the Atlantic about “How We Would Fight China,” an article with this provocative subhead: “The Middle East is just a blip. The American military contest with China in the Pacific will define the twenty-first century. And China will be a more formidable adversary than Russia ever was.”  As everyone knows, however, that “blip” proved far too much for the Bush administration.

Atlantic International Partnership Headlines: Dubai Financial Market’s First-Quarter Net Plunges 96% Amid Mideast Unrest

http://altlanticinternationalpartnership.net/2011/05/atlantic-international-partnership-headlines-dubai-financial-market%E2%80%99s-first-quarter-net-plunges-96-amid-mideast-unrest/Dubai Financial Market (DFM) PJSC, the only Gulf Arab stock market to sell shares to the public, had a 96 percent plunge in first-quarter profit as trading volumes declined amid political unrest in the Middle East.
Net income for the quarter ended March 31 was 2.18 million dirhams ($594,000), the exchange said in an e-mailed statement today, without giving comparative numbers for the year-earlier period. The bourse had a profit of 53.58 million dirhams in the first quarter of 2010, according to Bloomberg data.
First-quarter trading volumes dropped to a daily average of 116 million from 235 million in the year-earlier period as political unrest toppled leaders in Tunisia and Egypt, according to data compiled by Bloomberg data. Abdullah Al Turaifi, chief executive officer of the Securities & Commodities Authority, said in February the market regulator would support a merger between the exchanges in Dubai and neighboring Abu Dhabi.
“Dubai Financial Market pursues an ambitious strategy to diversify revenue streams and downscale reliance on trading commissions as the main source of income,” Chairman Abdul Jalil Yousef Darwish said in the statement. “Since the beginning of this year we have started the implementation of this strategy, which will reflect positively on our revenue and profit and maximize shareholders’ value.”

Atlantic International Partnership Headlines:World must curb resource use; China a test case: U.N.

http://altlanticinternationalpartnership.net/2011/05/atlantic-international-partnership-headlinesworld-must-curb-resource-use-china-a-test-case-u-n/Resource use totals about 47 to 59 billion tonnes a year — according to the study which lumps everything together by weight from oil and gold ore to sand or cement used in construction. Without restrictions, that could leap to 140 billion by 2050.
“Decoupling makes sense on all the economic, social and environmental dials,” Achim Steiner, head of the United Nations Environment Program (UNEP) which produced the 174-page report, said in a statement.
“Decoupling is not about stopping growth. It’s about doing more with less. Global resource consumption is exploding. It’s not a trend that is in any way sustainable,” added Ernst von Weizsacker, co-chair of the UNEP resource panel.
China is, in many ways, the test case for the global economy,” the report said of the most populous nation with 1.3 billion citizens of almost 7 billion worldwide. Beijing in 2007 set a goal of becoming an “ecological civilization.”
Each of the world’s citizens consumes about eight to 10 tonnes per year of the materials on average, with people in rich nations using double the average and those in poor African nations far less. China’s use is around average.

Atlantic International Partnership Headlines: Robotics morphs into more-mainstream investment

http://altlantic-internationalpartnership.com/2011/05/atlantic-international-partnership-headlines-robotics-morphs-into-more-mainstream-investment/BEDFORD, Mass. — Top scientists around the world are trying to improve upon robots, which can already detect bombs, perform surgery and even go into battle.
At iRobot Corp., they’re trying to make a better vacuum.
Of course, iRobot’s scientists do other things too. The company, best known for its Roomba floor vacuum, recently sent machines to Japan’s Fukushima Daiichi nuclear plant disaster to help detect radiation, to the war zone in Afghanistan to find bombs, and to the Gulf of Mexico to locate spilled oil in the water.
But home robots — dominated by vacuums — make up 55 percent of the company’s revenue and are part of the reason iRobot is on a tear. Shares are up 43 percent since the start of the year, and the company earned a profit of $26 million on sales of $401 million last year, up from $3 million on $299 million in revenue the year before.
The company recently announced it had won a contract to make bomb disposal robots for the Navy.
That iRobot, the only public company that focuses purely on robotics, is getting attention from investors indicates that this young industry is becoming more mainstream. As analysts and consumers get more comfortable with robots, more companies might succeed in the space.
“It’s almost like buying Internet companies in the 1990s,” said Alex Hamilton, an analyst with Early Bird Capital who covers iRobot. “The sky’s the limit.”

Atlantic International Partnership Headlines: Panthers protect their investment in rounds 6 and 7

http://altlantic-internationalpartnership.com/2011/05/panthers-protect-their-investment-in-rounds-6-and-7/I’ve always been of the opinion that you can never have too many DL or OL. The trenches are always fraught with exceptionally hard play, and by extension injuries. No one knows this better than the Carolina Panthers who have at times been forced to piecemeal together a makeshift offensive line while dealing with the oft injured Jeff Otah, while even the stalwart Travelle Wharton missed games in 2010.
It wasn’t a surprise the Panthers addressed the OL in the draft, but the names may not be household (sense a theme here?). With their 6th round compensatory pick the Panthers added C Zachary Williams out of Washington State and T Lee Ziemba out of Auburn.
At the next level Williams projects to add depth at guard, while helping where needed at center. If you remember correctly the Panthers were relying on Mackenzey Bernadeau to help snapping the ball during the preseason last year, with disastorous results. Meanwhile Ziemba played right tackle for Auburn, but he figures to move over to right guard and will likely compete for the starting job there. He is more NFL ready than Williams at this point, and the move to guard should hide the issues with his lack of athleticism.

Atlantic International Partnership Headlines: Berkshire stands by investment in BYD

http://altlantic-internationalpartnership.com/2011/05/atlantic-international-partnership-headlines-berkshire-stands-by-investment-in-byd/(Reuters) – Berkshire Hathaway is happy with its investment in Chinese car maker BYD Co Ltd, despite product delays and declining sales, Berkshire’s vice chairman Charlie Munger said on Saturday.
Munger and Warren Buffett were asked at the company’s annual meeting whether they still considered BYD a good investment despite the company’s recent problems.
“I’m quite encouraged by what’s going on, and I expect delays and glitches,” said Munger. Buffett has said that Munger was the inspiration for Berkshire’s September 2008 purchase of nearly 10 percent of BYD.
BYD’s March sales were down more than 40 percent from a year earlier, and its entry into the U.S. market has been repeatedly delayed. Munger said such growing pains were natural given BYD’s aggressive growth plans

Atlantic International Partnership Headlines:Facebook: Now Serving Over 500 Million Users and 346 Billion Ads

http://altlantic-internationalpartnership.com/2011/05/facebook-now-serving-over-500-million-users-and-346-billion-ads/On his Facebook page, Mark Zuckerberg explains that his social networking site is fashioning a more open world where people can “share what’s important to them.” Increasingly, the world’s advertisers are also leveraging the platform to share what’s important to them–to the tune of 346 billion display ad impressions in the first quarter of 2011.
ComScore is reporting today that Facebook doubled the number of ads it delivered during the same period last year and crushed all other online publishers, serving a whopping one in three online ads in the U.S. Yahoo, Microsoft, AOL, and Google rounded out the top five (AOL’s display advertising, in fact, has been a bright spot in the company’s otherwise dismal financial performance). The ranks of the top online advertisers were dominated by finance and telecom: AT&T finished first, followed by the credit information company Experian, the online trading and investing company Scottrade, the accounting software company Intuit, and Verizon (we were surprised the acai berry people didn’t make the cut). In all, America’s internet users were flooded with over one trillion ads during the quarter.

Atlantic International Partnership Headlines: Stock Market News for May 4, 2011

http://altlantic-internationalpartnership.com/2011/05/atlantic-international-partnership-headlines-stock-market-news-for-may-4-2011/On Tuesday, markets felt the pinch of disappointing quarterly results and the benchmarks slid a few points as investors feared profitability might drop over the coming quarters. Over the past couple of weeks, markets have remained upbeat, climbing to multi-year highs following robust corporate results. Additionally, a drop in crude prices weighed down the energy sector.
The Dow Jones Industrial Average (DJIA) was the only gainer among the benchmarks as it edged up 0.2% to 12,807.51. The Standard & poor 500 dropped 0.3% and the Nasdaq slipped 0.8% to settle at 1,356.62 and 12,807.51, respectively. After hitting its highest level in three years last week, the S&P 500 has now declined for two-straight days. On the New York Stock Exchange, composite volumes were at 4.5 billion shares. For every one stock that advanced on the NYSE, two stocks declined.
While earnings had been a favorable factor for the markets over the past few weeks, the markets had to suffer the flip side as companies posted lower-than-expected results yesterday. Pfizer Inc. (NYSE:PFEAnalyst Report) (2.8%) was one of the biggest laggards for the Dow as it failed to beat sales estimates. Joining the list of disappointing results were companies like Clorox Corporation (NYSE:CLXAnalyst Report), Molson Coors Brewing Company (NYSE:TAPAnalyst Report), Beazer Homes USA Inc. (NYSE:BZHSnapshot Report) and Sears Holdings Corporation (NASDAQ:SHLDAnalyst Report). These shares dropped 3.6%, 6.0%, 5.0% and 9.9%, respectively.

Atlantic International Partnership Headlines: 2 Emerging-Market Mining Stocks to Buy

http://altlantic-internationalpartnership.com/2011/05/atlantic-international-partnership-headlines-2-emerging-market-mining-stocks-to-buy/NEW YORK (InvestorPlace) — I was asked recently for a good reason why Southern Copper Corp.(SCCO_) was underperforming not just the price of copper, but also other huge copper mines like Freeport-McMoRan(FCX_).
The company-specific news flow certainly didn’t suggest that it should be massively trailing Freeport, especially since Southern had better reserves than Freeport. There were violent protests over a mine in Peru that resulted in a delay after the company had already invested serious money, but that wasn’t unusual. This happens in mining all the time, and it should have been mostly priced into the stock some time ago.
And then I saw the recent election results and I immediately understood — it was Peru itself.
The leftist candidate for Peru’s presidency, Ollanta Humala, won the biggest number of votes in the April 10 election and was leading the polls for the June 5 presidential runoff election. This is similar to what we saw in the 2006 election, as companies with huge exposure to Peru underperformed significantly.

Atlantic International Partnership Headlines: Who are Gaddafi’s on-screen supporters?

http://altlantic-internationalpartnership.com/2011/05/atlantic-international-partnership-headlines-who-are-gaddafi%E2%80%99s-on-screen-supporters/Mine has been the least glamorous part in helping cover the war in Libya – assisting correspondents in filing stories from the field and from monitored news reports.
Of course Reuters has reporters on both sides of the front line, but from Tunis I have been keeping an eye on Libyan television too – partly because it has scrolling headlines in English about the latest crusader, colonial and al Qaeda atrocities which might carry some news but also, I have to admit, from a fascination with the procession of people voicing their support for the Brother Leader, Muammar Gaddafi.
Not being an Arabic speaker, I can only gather a few words, but the raised voices make clear the emotion, often from Gaddafi’s Bab al Aziziyah compound itself.
Who are these Libyans and what do they really feel? Who are the people who bring young children on their shoulders to this repeatedly bombed compound, dressing them in bright green patriotic suits like little elves and hoisting them high while they thrust fists in the air?
Through the day the voices change – at one point a talk show host with improbably red hair discusses with participants sat in armchairs in the sunshine of the Mediterranean spring.
A succession of people take the microphone to voice their opinion – pretty much the same opinion. Sometimes they are teenagers, sometimes workers, sometimes in uniform, sometimes old men in sunglasses – always speaking quickly, loudly and angrily.

Atlantic International Partnership Headlines: Is Fox News Inflating The Turnout At Bachmann’s Latest Rally?

http://altlantic-internationalpartnership.com/2011/05/atlantic-international-partnership-headlines-is-fox-news-inflating-the-turnout-at-bachmanns-latest-rally/Fox & Friends Sunday repeatedly touted the “thousands” that attended a tax cut rally where Rep. Michele Bachmann (R-MN) spoke, going so far as to make the rally’s supposedly large turnout one of their top headlines today.
Yet according to Fox’s local affiliate, reporting from St. Paul, Minnesota, it was the rally’s low turnout that made it newsworthy. In an article titled “Hundreds Attend Anti-Tax Hike Rally At Capitol: Turnout Significantly Smaller Than Last Year’s,” Fox 9 News reported:
Hundreds gathered at the Minnesota Capitol to rally against a possible tax hike, but though it attracted the attention of some prominent lawmakers, the turnout didn’t meet expectations.
[...]
Organizers said that about 6,000 people turned out for last year’s event, but this year the headcount may have only touched 1,000.
Politico also noted the rally’s “sparse attendance” and highlighted the comments of a conservative blogger:
The [Tax Day] rally’s sparse attendance is attracting nearly as much attention as Bachmann’s remarks.

Atlantic International Partnership Headlines: Will ‘The Donald’ get the spotlight back from Obama?

http://altlantic-internationalpartnership.com/2011/05/atlantic-international-partnership-headlines-will-the-donald-get-the-spotlight-back-from-obama/
Trump’s speedy ascent to the top in Republican polls with a signature pompous capture of media attention that surprised the political world, is now at risk.   Many have sneered at the idea that he is serious about his presidential expectations. Now, he will have to pick himself up, brush himself off and get back into the fight.
The killing of Osama bin Laden, and the success of Barack Obama’s administration have drawn attention away from other candidates, as well as Trump.  Since Trump was so loudly vocal on the subject of “the birth certificate,” the impact of Obama’s success was even more devastating to him.  During the time when Obama’s birth certificate was receiving so much attention and he made the statement stating he had “other things to do,” the world wasn’t aware Obama was referring to the planning of a daring raid by helicopter, to destroy a “most-wanted” terrorist and murderer.
It is no surprise that Obama leads Trump by a hefty percentage in a “Newsweek/Daily Beast poll” taken after the mission to get bin Laden. Trump’s popularity dropped considerably as 64% of the people polled expressed negative feelings about him.
At the “White House Correspondents” Dinner, Trump was roasted to an embarrassingly great extent, and SNL also referred to Trump as a joke. These events inferred that he was not serious in his pursuit of the presidential position.  Trump has avoided speaking publicly since the death of bin Laden, except for congratulating President Obama and he gave no response to a request for an interview, as well as canceling TV appearances.

Atlantic International Partnership Headlines: Nigerian investors point way to Africa’s inclusive economic growth

http://altlantic-internationalpartnership.com/2011/05/atlantic-international-partnership-headlines-nigerian-investors-point-way-to-africas-inclusive-economic-growth/
Some Nigerian businesses that took part in the just concluded World Economic Forum (WEF) in Cape Town, South Africa, have proffered suggestions they hope would help facilitate inclusive economic growth, not only in Nigeria, but throughout Africa.

Group chief executive, Oando Group, Wale Tinubu, who featured as one of the co-chairs at the three-day forum, called for the removal of all artificial trade barriers in the way of businesses in Africa, while the group deputy managing director, BGL Plc, Chibundu Edozie, sees the expansion of the scope of businesses beyond the Nigerian market as the way to build inclusive economic growth in the continent.
Strong African strategy
Mr Edozie said Nigerians should abandon the fixation with the size of the Nigerian market and focus attention on the entire continent, in view of the increasing global interest in Africa’s potentials.
“As against the Nigerian market of about 150 million people, the African market is a billion people, with an already existing catchment of trades and products. Though Nigeria should remain the core focus of their business operations, Nigerians should start looking at very strong African strategy, considering that the market is largely African, with the world beginning to wake up to the reality of the need for Africa’s economic integration,” he said.
Mr Tinubu, who was invited to by the organizers to showcase the potentials of homegrown companies that do business to world class standards and are identified as emerging regional champions, said removal of all artificial bottlenecks by governments to trade facilitation in the continent is the fastest way to achieve economic integration in the continent.
He listed those bottlenecks to include imposition of visa restrictions to citizens of Africa; closure of national borders between countries in Africa, and dearth of infrastructure, like roads and rail lines for easy movement of persons and goods as well as protectionist policies by governments barring African companies from doing businesses in other African states.