Russian President Vladimir Putin started his large press conference at midday, December 20th. The conference brought together more than 1,200 Russian and foreign journalists.
The head of state started with statistics. According to him, the growth of GDP in January-October of this year made up 3.7 percent. According to Vladimir Putin, this is a good result. Recession in the world economy (and in particular in the euro area) became an obstacle for reaching better results, as well as a poor harvest in Russia. Last year, more than 90 million tons of grain were collected. This year, the harvest has dropped to 74 million tons. (more…)
ANN ARBOR — The aftermath of Hurricane Sandy, which ripped through southern Haiti in October, will extend beyond destruction and injury. The current and future food security looks bleak barring significant intervention during the next year, according to a University of Michigan report.
Rain-triggered mudslides throughout the country from the hurricane has not only washed out homes, but also roadways and bridges—bringing transportation to a near standstill, says Athena Kolbe, the report’s lead author and a U-M doctoral candidate in social work and political science. The natural disaster compounded Haiti’s long struggles to transport enough produce from the countryside to village markets and major urban centers. (more…)
Confucius Institute director addresses global impact of China’s economy
China’s economy has undergone astounding growth during the past 60 years, with its gross domestic product (GDP) climbing from just under $18 billion in 1949 to almost $6 trillion in 2011. Most of that growth has occurred since 1980, when the country’s economic reform began.
The result? China has emerged from being known as “the world’s most populous country” to the “growth engine for the world’s economy.”
But the double-digit growth that China witnessed every year from 2003 to 2011 has slowed, leading to much debate about the seriousness of the downturn and how it will reverberate across the globe. (more…)
comScore Chairman Gian Fulgoni to Present Overview of Q3 2012 E-Commerce Trends in Upcoming Webinar
RESTON, VA, November 7, 2012 – comScore, Inc., a leader in measuring the digital world, today released its Q3 2012 U.S. retail e-commerce sales estimates, showing that online retail spending reached $41.9 billion for the quarter, up 15 percent versus year ago. This represents the twelfth consecutive quarter of positive year-over-year growth and eighth consecutive quarter of double-digit growth. (more…)
Kate Kenski, an associate professor in the UA communication department, is studying the 2012 election using talking points, Twitter feeds and also jokes.
Election season is to politics-watchers as tax season is to accountants. There are polls to follow, debates to dissect and political ads to analyze.
For Kate Kenski, an associate professor in the University of Arizona communication department and School of Government and Public Policy, election season provides a wealth of data that she analyzes to write and teach about public opinion and political communication.
For the 2012 election, Kenski is keeping a keen eye on whether the frequent explanations for wins and losses in previous campaigns hold true for this campaign. Will the economy be the determining factor? Or will candidate personality or message strategy tip the campaign in one candidate’s direction over the other’s? (more…)
Less than half of organizations analyzing external data; only 43 percent looking at social media for deeper understanding about consumer preferences
Lack of advanced analytics skills for tackling unstructured data biggest challenge
ARMONK, N.Y. and OXFORD – 17 Oct 2012: A new global report released today by IBM and the Saïd Business School at the University of Oxford reveals that most Big Data initiatives currently being deployed by organizations are aimed at improving the customer experience. Yet, despite the strong focus on the customer, less than half of the organizations engaged in active Big Data initiatives are currently collecting and analyzing external sources of data, like social media.
One reason is that many organizations are struggling to address and manage the uncertainty inherent within certain types of data, such as the weather, the economy, or the sentiment and truthfulness of people expressed on social networks. In the survey, respondents questioned their ability to trust comments, reviews, tweets and other forms of freely offered opinions online. While uncertain, social media data still contains valuable information. Organizations need to embrace and manage data uncertainty and determine how to use it to their advantage. (more…)
EAST LANSING, Mich. — Increasingly, U.S. firms are moving or considering moving their manufacturing operations back to domestic soil from overseas, finds a new study co-authored by a Michigan State University supply chain expert.
Fueling the trend are rising labor costs in emerging countries, high oil prices and increasing transportation costs, global risks such as political instability and other factors, said Tobias Schoenherr.
“Going overseas is not the panacea that it was thought of just a decade or so ago,” said Schoenherr, assistant professor in MSU’s top-ranked Department of Supply Chain Management. “Companies have realized the challenges and thus are moving back to the United States.” (more…)
ANN ARBOR, Mich.— The jokes by late-night comedy television hosts can be just as effective as regular political news in spurring discussion among viewers, a new University of Michigan study shows.
In addition, political candidates could help their campaigns with mentions by shows like “The Daily Show with Jon Stewart,” “Late Show with David Letterman” or “The Tonight Show with Jay Leno.” (more…)
