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ACLIS - Albanian Canadian League Information Service - A logistic office of Albanian Canadian League: World Economy
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Europe must wean itself off oil and gas, says Declan J. Ganley, and the continent's entrepreneurs can help to make this happen
By Declan J. Ganley - the most successful businessman of Europe who has its presence in Albania through "Anglo Adriatic Investment Fund" (with over 45,000 shareholders, a value of 120 million usd)
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Declan J. Ganley
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"We must assert ourselves as an active political agent. God willing, with the fall of the dollar, the deviant US imperialism will fall as soon as possible too."
With these words at OPEC's meeting last November, Venezuelan president Hugo Chavez gave notice of his intent, together with Iranian president Mahmoud Ahmadinejad, to use OPEC as a political weapon to hold to ransom the Western and developing worlds. In the face of such threats and with the price of oil climbing rapidly, Europe needs to assert itself to engineer a new, low-carbon energy future.
A 2006 Eurostat report found that the EU's energy demand was more than 1.5bn tonnes of oil equivalent per annum and that we depend on imports for 56% of our energy needs, mostly oil and gas. This dangerous dependency poses serious risks for Europe's future whether viewed through the lens of climate change or economic and political security. Nonetheless, Europeans can turn this threat into an historic opportunity, but only if we rapidly create a new energy paradigm.
Utilising lessons learned from the telecommunications revolutions, I believe that we can harness one of Europe's greatest assets ' entrepreneurship ' to revolutionise the way that we acquire and use energy, break our petroleum dependence and stimulate innovation and job creation.
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Libertas Institute founder Declan Ganley says politicians who coddle elites and entrenched interests risk stifling Europe's enormous potential.
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Declan Ganley
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By Declan Ganley - is the chairman and chief executive of Rivada Networks, a member of the board of Europe's 500 Entrepreneurs for Growth, and founder of the Libertas Institute, a pan-European think tank. He resides in County Galway, Ireland
French President Nicolas Sarkozy, who offered the promise of challenging vested interests, has now reverted to the status quo of European elites from whence he came. At the recent European Union summit, he proposed slashing from the new European Constitution (which has been deliberately mislabeled a "reform treaty") its commitment to "free and undistorted competition."
This is one of the few components of the Constitution that was clear and unambiguous, and which has been included in every version since the founding Treaty of Rome in 1957. The removal of the competition clause raises grave questions about the EU's ability to take on monopolies, pursue antitrust measures, and tackle so-called "national champions"—the incumbent cartels much beloved of Sarkozy's predecessor (and manifested in his own case by the bailout of Alstom during his tenure as a deficit-increasing Finance Minister).
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World ViP: Ganley firm bids for €100m Garda radio contract
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Rivada Networks, a firm owned by Galway entrepreneur Declan Ganley, is in the running to build a €100 million radio network for the Garda and emergency services.
By Gavin Daly
- Sunday Business Post
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Declan Ganley
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Rivada’s technology allows government bodies and emergency services to communicate securely across various networks.
Informed sources said that the firm was one of five groups bidding for the ten-year contract to build and run the Irish managed digital radio service (MDRS).
Telecoms firms Eircom, BT and O2 each head one of the other consortiums. The fourth group is Arqiva, a specialist group backed by Macquarie Bank in Australia. The groups have until August 1 to lodge tenders for the contract with the Department of Finance.
Ganley told The Sunday Business Post earlier this year that Rivada had contracts with the Department of Defense, the Department of Homeland Security and individual states in the US. He would not comment on his investment in the firm, or its financial performance.
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Posted by acl on Sunday, June 25 @ 06:31:35 UTC (1125 reads)
(Read More... | 14528 bytes more | World ViP | Score: 3.66)
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WORLD: Global economy to grow in 2006 despite high energy prices
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NEW YORK, USA (AP) - The world economy has broadly withstood a steady two-year rise in oil prices, but despite a slowdown reaching virtually every economic region in 2005, it is expected to continue expanding in 2006, with Asia and North America at the forefront.
The world's gross domestic product increased an estimated 3.2
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World economy
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per cent in 2005, down from 3.8 per cent last year, according to the World Bank. Growth is expected to be stable in 2006, before strengthening somewhat in 2007.
High oil prices cut into the income of oil importers, but the expansion remained strong, partly because of favourable conditions in financial markets, including still low inflation (and) interest rates., the bank said in a November report called "Prospects for the Global Economy".
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World ViP: Game Theorists Win Nobel Prize in Economics
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An American and an Israeli were awarded the Nobel Memorial Prize in Economics today for their
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Game Theory
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work in establishing game theory as way to explain social, political and business interactions.
Thomas C. Schelling, who was born in Oakland, Ca., in 1921 and is an emeritus professor at the University of Maryland and at Harvard, will share the prize with Robert J. Aumann, 75, of the Center for Rationality, Hebrew University of Jerusalem.
Working separately, the pair have "enhanced our understanding of conflict and cooperation through game-theory analysis," the academy said in its prize citation.
Game theory is a branch of mathematics and social science that tries to explain actions and decisions in terms of choices that players may make
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World History: Restitution of Communal and private property in Europe
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Ambassador Stuart
Eizenstat is Special Envoy for Property Claims in Central and Eastern
Europe at the United States Department of State. He was the US Ambassador
to the European Union from 1993-1996, Under Secretary of Commerce for
International Trade from 1996-1997, and is now Under Secretary of State
for Economic, Business, and Agricultural Affairs.
A Quarterly Published by New York University Law School
and Central European University
In 1995, I was
appointed Special Envoy for Property Claims in Central and Eastern Europe.
My task as special envoy has been to promote the just and fair resolution
of claims for properties either confiscated or stolen by the Nazis and
their sympathizers or nationalized by the Communist governments in Central
and Eastern Europe.
Since my appointment, I have traveled to a total of
eleven countries in the region: Belarus, Bulgaria, the Czech Republic,
Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Ukraine.
I have had many follow-up meetings since then. Because these countries
have joined the community of democratic nations, the US government felt
it important to bring the issues of Holocaust and Communist-era property
restitution and compensation to their attention. I also have traveled
to Germany and Switzerland—Germany, because of its potential pivotal role
in compensation issues, and Switzerland to explore the issue of Holocaust-era
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Even governments that once strove to keep people out are encouraging the skilled to come in.
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Emigration
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Germany's recent immigration legislation includes a points system for skilled workers. Britain has rapidly expanded the availability of work permits for skilled migrants, and pushed down the required level of skill. And many countries are softening the rules that normally force foreign students to go home as soon as they graduate. Australia decided last year to allow foreign students of information and communications technology to apply for permanent residence on the basis of their education alone.
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Croatia appears to be the most reliable source of natural gas for Albanian importers even
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Oil and natural gas.
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though in general its prices are a bit higher than its competitors also with sources in Greece and Turkey.
Customs statistics report that approximately 17 million kg. of natural gas originating from
foreign producers was sucked up by Albania during 2004. That is equivalent to 8.9 million euros. Most of it originated from Croatia, at about 11.4 million kg., amounting to a value of 6.4 million euros. Greece came in second exporting 4.2 million kg., estimated at about 1.5 million euros and Turkey ran a distant third last year with a mere 480 kg.
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