ft summary

at&t deutsche telcom merger blocked by department of justice and w/ it repatriation of call centres. they re blind, while google, apple &CO monopolise the market they react to their dna instincts triggered by lobbysts and consumer lobbysts who0 funnily enough dont bother abt facebook and advetsing monopoly. doj wants concessions rather thanm breaking the deal to appease the electoral base. but is it only abt politics? perverse marriage of interests. bienenstock research analyst at bernstein points out that telecom deals alwys made at local level, national likely to fail. does he show historic ignorance? history changed , dare to overhaul the whole regulatory system following latest technological developments rather than waste time and resources like this w/ mature companies. sympotom of malaise w/ administrative machine at times of economic slump. obama has a real issue with growth and market economics, he should address it not sharpen it. usa consumer crisis epitomised by las vegas , incapable of bouncing back after 20 years of construction boom unemployment rate at 20% with gambling to no avail. Yet Obama comes up w/ his bipartisan plan for job creation, as if they cared about it.us foreign cash reserves abroad, article, csco 89%, used to finance share buy backs with cheap funding. transfer pricing techniques disclosed 2 SEC w/ by msft : sales via singapore, puerto rico and ireland, yielding less than 35% tax rate 4 us domestic companies. tax holydays and repatriation should be linked to a relaxation of emigration visas for qualified labor force in sharp demand right now. solar energy company solyndra goes bankrupt after usd 530 mio gvmnt loan. third bankrupcy in a row.

merkel and schauble have embraced marxism to t extent that they do want to socialise private losses of the great capital, ie buying greek assets from eu private banks.normal, since germany is a land of serious workers who want an affordable price living in exch of higher firms productivity. domestic priorities are therefore viewed outside as utter myopic foreign economic policy and stopping wary merkel from accepting eurobonds straight away. but was it not the same at the time of bismark and protectionism with grain price. crisis, Germany exceptionalism reflected on its economic machine, a victim of its own success? lagarde calls for recapitalsation of bank equity calculated at 90 bio , ie 1% of total eu sovereign debt. also, berlusconi government postpones budget proposal to the parliament, being loved is more important than blood and tears for the nation, austerity budget watered down. meanwhile portugal brings in austerity measures.also, proposal of creating junior and semior tranches of eurobonds, given market voracity for fixed income demand and triple A would not be a problem.

Hans Olaf Henkel proposal to create a north euro rebuffed by readers as dangerous to export industry, I add it would trigger another competitve devaluation by southern countries joined by France. Deutsche bank to reiterate that sovereign debt for all its problems is much easier to understand than synthetic subrpime debt. But as the say goes, sell in May and go away and stay away till St leger day: behavioral psychology and crowding effects have a strong impact on market trends linked to historical repetead distress. Short volumes at its peak, bullish contrarian signal?

Resource rich south china sea declared exclusive territory by china and international waters by neighbors among others Vietnam . Chinese war ship stops Indian vessel. new geopolitical tensions designing.

Rosneft wants global exploration w/ exon, will bureaucratic state controlled group succeed ? History of russian industry intermigling w/ partners since Nobel and Rothschild, Mendeleev was one of the pioneers of petrochemical plants and management always been utter failure. In fact Yukos wa expropiated by Rosneft. the excuse back then was among others a merger w/ exon. Now Yukos lawsuits against Rosneft stop an equity swap btw 2, something that parodixically was proposed by BP. Doors r closed 4 BP? not yet , Arctic very high oil exploration costs need more than one player.

page on israel tech start ups, jewish mothers want theirs children to be serial entrepreneurs after thosuand of years 4 medical vocation. importance of publicly funded research.www.ft.com/techhub

merkel and schauble have embraced marxism to t extent that they do want to socialise private losses of the great capital, ie buying greek assets from eu private banks.normal, since germany is a land of serious workers who want an affordable price living in exch of productivity. domestic priorities are therefore viewed outside as utter myopic foreign economic policy. but was it not the same at the time of bismark and protectionism with grain price crisis, Germany exceptionalism reflected on its economic machine, a victim of its own success? lagarde calls for recapitalsation of bank equity calculated at 90 bio , ie 1% of total eu sovereign debt. also, berlusconi government postpones budget proposal to the parliament, being loved is more important than blood and tears for the nation, austerity budget watered down. meanwhile portugal brings in austerity measures.