Wednesday February 16, 2005 | ${log.root}/lowem.log Inflation, Investing and Everything |
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Within the last hour, CNET News.com has revealed that Microsoft will release a beta of Internet Explorer 7 this Summer. Microsoft Chairman Bill Gates announced the new browser version at the RSA Conference 2005 in San Francisco. The beta will be available to users with Windows XP Service Pack 2. Previously Microsoft has said that Internet Explorer updates would only be delivered with Windows upgrades, leading many to anticipate that there would be no IE7 until the release of Longhorn next year. Therefore, Microsoft's announcement of a new IE release decoupled from a Windows revision can be seen as a policy reversal. Analysts suggest that competition from rivals such as Mozilla Firefox may have acted as the catalyst for this change ... Mozilla Firefox user responses : "I'll consider using IE7 when adblock is available as an IE extension." "Firefox 1.0 is better right now than IE 7 will be when it comes out. "Browsing is definitely a point of vulnerability" - Bill Gates. (2005-02-16 16:16:56 SGT)
[Tech]
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The world has entered a new era of more expensive oil and greater competition for resources, and the U.S. will have to formulate a national energy policy to keep up, ChevronTexaco Corp. (CVX) Chief Executive David J. O'Reilly said Tuesday. "We're seeing the beginnings of a bidding war for Middle Eastern oil between East and West," he said. Some analysts have argued rising demand in China and the U.S. has forced a permanent upward shift in the price of oil. O'Reilly gave some support to those views, saying the era of cheap oil is over. (2005-02-16 15:14:41 SGT)
[Energy]
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Unrestricted War: China's Master Plan to Destroy America is a treatise for world domination written in 1999 by People's Liberation Army Colonels Qiao Liang and Wang Xiangsui. In order for China to become a dominant global power over the United States, the PLA emphasizes "The Final War over Resources", must be won. The Colonels state that the aggressor nation "must adjust its own financial strategy, use currency revaluation or devaluation as primary weapons, and combine means such as getting the upper hand in public opinion and changing the rules sufficiently to make financial turbulence and economic crisis appear in the targeted country or area, weakening its overall power, including its military strength ... The final war for the planet's resources has already started. You name the commodity and China's buying it and consuming it in HUGE quantities. Last year they consumed nearly half of the world's cement, twice the world's consumption of copper, and nearly a third of the world's coal, 90% of the world's steel plus nearly every other commodity you can think of has been in greater demand by China. However in order to propel such furious economic growth, there is one key commodity you need above all the others. And if you can't get enough of it, having all the other resources won't matter. The most prized and sought after commodity which makes the world tick is oil. With out it, you have nothing. Your economy would be frozen and your military would be left inept. As China's Master Plan to Destroy America manifesto outlines, the multifaceted battle plan recommended by the Chinese military has taken shape ... (2005-02-16 14:29:44 SGT)
[Energy]
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