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October 12, 2018

US unemployment rate reaches 9.8%

Filed under: Uncategorized — @ 2:10 am

Friday, October 2, 2009

Companies in the United States are shedding more jobs, pushing the country’s unemployment rate to a 26-year high of 9.8%.

The US Labor Department said on Friday that employers cut 263,000 jobs in September, with companies in the service industries — including banks, restaurants and retailers — hit especially hard. This is the 21st consecutive month of job losses in the country.

The United States has now lost 7.2 million jobs since the recession officially began in December 2007. The new data has sparked fears that unemployment could threaten an economic recovery. Top US officials have warned that any recovery would be slow and uneven, and some have predicted the unemployment rate will top 10% before the situation improves.

“Continued household deleveraging and rising unemployment may weigh more on consumption than forecast, and accelerating corporate and commercial property defaults could slow the improvement in financial conditions,” read a report by the International Monetary Fund’s World Economic Outlook, predicting that unemployment will average 10.1% by next year and not go back down to five percent until 2014.

Mark Zandi, chief economist at Moody’s Economy.com, said that “it’s a very fragile and tentative recovery. Policy makers need to do more.”

“The number came in weaker than expected. We saw a lot of artificial involvement by the government to prop up the markets, and now that that is starting to end, the private sector isn’t yet showing signs of life,” said Kevin Caron, a market strategist for Stifel, Nicolaus & Co.

Also on Thursday, the US Commerce Department said factory orders fell for the first time in five months, dropping eight-tenths of a percent in August. Orders for durable goods — items intended to last several years (including everything from appliances to airliners) — fell 2.6%, the largest drop since January of this year.

The US government has been spending billions of dollars — part of a $787 billion stimulus package — to help spark economic growth. There have been some signs the economy is improving.

The Commerce Department said on Thursday that spending on home construction jumped in August for its biggest increase in 16 years. A real estate trade group, the National Association of Realtors, said pending sales of previously owned homes rose more than 12 percent in August, compared to August 2008.

A separate Commerce Department report said that consumer spending, which accounts for more than two-thirds of US economic activity, rose at its fastest pace in nearly eight years, jumping 1.3 percent in August.

Other reports have provided cause for concern. A banking industry trade group said Thursday the number of US consumers making late payments, or failing to make payments, on loans and credit cards is on the rise. A survey by a business group, the Institute for Supply Management, Thursday showed US manufacturing grew in September, but at a slower pace than in August when manufacturing increased for the first time in a year and a half.

Stock markets reacted negatively to the reports. The Dow Jones Industrial Average fell 41 points in early trading, reaching a level of 9467. This follows a drop of 203 points on Thursday, its largest loss in a single day since July. The London FTSE index fell 55 points, or 1.1%, to reach 4993 points by 15.00 local time.

Passive Income Streams The Master Key To Wealth Creation And Financial Freedom?}

Filed under: Property Investment — @ 2:05 am

Passive Income Streams – The Master Key to Wealth Creation and Financial Freedom?

by

Keelan Cunningham

One of the keys to getting rich and creating wealth is to understand the different ways in which income can be generated. Its often said that the lower and middle-class work for money whilst the rich have money work for them. The key to wealth creation lies within this simple statement.

Imagine, rather than you working for money that you instead made every dollar work for you 40hrs a week. Better still, imagine each and every dollar working for you 24/7 i.e. 168hrs/week. Figuring out the best ways you can make money work for you is an important step on the road to wealth creation.

In the US, the Internal Revenue Service (IRS) government agency responsible for tax collection and enforcement, categorizes income into three broad types: active (earned) income, passive income, and portfolio income. Any money you ever make (other than maybe winning the lottery or receiving an inheritance) will fall into one of these income categories. In order to understand how to become rich and create wealth its vital that you know how to generate multiple streams of passive income.

Crossing the Chasm

Passive income is income generated from a trade or business, which does not require the earner to participate. It is often investment income (i.e. income that is not obtained through working) but not exclusively. The central tenet of passive income is that it can expect to continue whether you continue working or not. As you near retirement you are most definitely seeking to replace earned income with passive, unearned income. The secret to wealth creation earlier on in life is passive income; positive cash-flow generated by assets that you control or own.

One of the reasons people find it difficult to make the leap from earned income to more passive sources of income is that the entire education system is actually pretty much designed to teach us to do a job and hence rely largely on earned income. This works for governments as this kind of income generates large volumes of tax but will not work for you if youre focus is on how to become rich and wealth building. However, to become rich and create wealth you will be required to cross the chasm from relying on earned income to generating sources of passive income.

Real Estate & Business – Sources of Passive Income

Passive income is not dependent on your time. It is dependent on the asset and the management of that asset. Passive income requires leveraging of other peoples time and money. For example, you could purchase a rental property for $100,000 using a 30% down-payment and borrow 70% from the bank. Assuming this property generates a 6% Net Yield (Gross Yield minus all Operational Costs such as insurance, maintenance, property taxes, management fees etc) you would generate a net rental yield of $6,000/annum or $500/month. Now, subtract the cost of the mortgage repayments of say $300/month from this and we arrive at a net rental income of $200 from this. This is $200 passive income you didnt have to trade your time for.

Business can be a source of passive income. Many entrepreneurs start out in business with the idea of starting a business so as to sell their stake for some millions in say 5 years time. This dream will only become a reality if you, the entrepreneur, can make yourself replaceable so that the businesss future income generation is not dependent on you. If you can do this than in a way you have created a source of passive income. For a business, to become a true source of passive income it requires the right kind of systems and the right kind of people (other than you) operating those systems.

Finally, since passive income generating assets are usually actively controlled by you the owner (e.g. a rental property or a business), you have a say in the day-to-day operations of the asset which can positively impact the level of income generated.

Passive Income A Misnomer?

In some way, passive income is a misnomer as there is nothing truly passive about being responsible for a group of assets generating income. Whether its a property portfolio or a business you own and control, it is rarely if ever truly passive. It will require you to be involved at some level in the management of the asset. However, its passive in the sense that it does not require your day-to-day direct involvement (or at least it shouldnt anyway!)

To become wealthy, consider building leveraged/passive income by growing the size and level of your network instead of simply growing your skills/expertise. So-called smart folks may spend their time collecting diplomas and certificates but wealthy folk spend their time collecting business cards and building relationships!

Residual Income = A Form of Passive Income

Residual Income is a form of passive income. The terms Passive Income and Residual Income are often used interchangeably; however, there is a subtle yet important difference between the two. It is income that is generated from time to time from work done once i.e. recurring payments that you receive long after the initial product/sale is made. Residual income is usually in specific amounts and paid at regular intervals. Some example of residual income include:-

-Royalties/earnings from the publishing of a book.

-Renewal commissions on financial products paid to a financial advisor.

-Rentals from a property letting.

-Revenue generated in multi level marketing networks.

Use of Other Peoples Resources and Other Peoples Money

Use of Other Peoples Resources and Other Peoples Money are key ingredient required to generate passive income. Other Peoples Money buys you time (a key limiting factor of earned income in wealth creation). In a sense, use of other peoples resources gives you back your time. When it comes to raising capital, businesses that generate passive income usually attracts the largest amount of Other Peoples Money. This is because it is generally possible to closely approximate the return (or at least the risk) you can expect from passive investments and so banks etc., will often fund passive investment opportunities. A good business plan backed by strong management will usually attract angel investors or venture capital money. And real estate can often be acquired with a small down payment (20% or less in some cases) with the majority of the money borrowed from a bank typically.

Tax Benefits of Passive Income

Passive income investments often allow for the most favorable tax treatment if structured correctly. For example, corporations can use their profits to invest in other passive investments (real estate, for example), and avail of tax deductions in the process. And real estate can be traded for larger real estate, with taxes deferred indefinitely. The tax paid on passive income will vary based on the individual’s personal tax bracket and corporate structures utilized. However, for the purposes of illustration we could say that an average of 20% effective tax on passive investments would be a reasonable assumption.

In summary:

For good reason, passive income is often considered to be the holy grail of investing, and the key to long-term wealth creation and wealth protection. The major benefit of passive income is that it is recurring income, typically generated month after month without a great deal of effort by you. Building wealth and becoming rich shouldn’t be about extracting every last bit of your own energy, your own resources and your own money as there is always a limit to the extent you can do this. Tapping into the effective generation and use of passive income is a critical step on the road to wealth creation. Begin this part of you wealth creation journey as early as is humanly possible i.e. now!

P.S. Visit MillionaireMindsetSecrets.com and sign-up for FREE insights, tips and exclusives on

Passive Income Streams

– utilizing our powerful income and wealth creation strategies can fast-track your wealth building so that you get rich for life and build wealth that lasts.

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Passive Income Streams – The Master Key to Wealth Creation and Financial Freedom?}

October 11, 2018

Athletes prepare for 2012 Summer Paralympics at the Paralympic Fitness Centre

Filed under: Uncategorized — @ 3:22 am

Monday, August 27, 2012

London, England — As Paralympians ready for the Games which are set to open later this week, they have access to a world class fitness center inside the Paralympic Village which is designed to maximise their pre-Game preparations.

According to volunteers staffing the center, instead of being a single large room, as in Beijing, the building has numerous rooms. It, along with the adjacent Village Services Centre, is designed to be converted into a school after the games conclude. Rooms have been structured as a gym, an auditorium, and science laboratories.

Gym equipment is supplied by Technogym, an Italian firm that has supplied gym equipment for the Olympics since 2000. Equipment has been provided not just for for the Fitness Centre, but for gyms at all the Olympic venues. The newest equipment is oriented toward maximum flexibility, allowing athletes to exercise the particular muscles that they most require for their sport.

In addition to the equipment, the Fitness Centre also provides instructors trained in the use of the equipment, the likes of which athletes from many countries have never seen before. There are also a number of instructors available to provide motivational training.

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Ontario Votes 2007: Interview with Libertarian candidate Alan Mercer, Scarborough—Rouge River

Filed under: Uncategorized — @ 3:10 am

Wednesday, October 3, 2007

Alan Mercer is running for the Ontario Libertarian Party in the Ontario provincial election, in the Scarborough—Rouge River riding. Wikinews’ Nick Moreau interviewed him regarding his values, his experience, and his campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.

October 10, 2018

Scottish Justice Secretary ‘acutely aware of unusual publicity’ in Kular case

Filed under: Uncategorized — @ 2:14 am

Thursday, February 13, 2014

Wikinews has obtained a letter by Scottish Justice Secretary Kenny MacAskill to former Conservative justice spokesman John Lamont in response to questions raised by our correspondent about the Mikaeel Kular murder case. Wikinews has investigated possible contempt by media publishing potentially prejudicial material, and MacAskill wrote he has “been following the case of Mikaeel Kular and [is] acutely aware of the unusual publicity this case has attracted.”

When Mikaeel Kular, three, vanished from his Edinburgh home last month police and volunteers scoured the capital for him. His body was found in Fife just before midnight on January 17, and his mother was arrested on January 18. That’s when Wikinews first reported on possible widespread contempt by UK and Scottish media.

Our correspondent is based in Scotland and was been advised by a lawyer not to identify anybody detained until they have appeared in court, even if they have been arrested and charged. Professor James Chalmers of the University of Glasgow has since reviewed our coverage and confirmed this position. Despite that a large number of major media outlets identified Rosdeep Adekoya, nee Kular, 33, as the arrested individual.

Adekoya has since been in Edinburgh Sheriff Court charged with murdering her son. She is in custody pending indictment and trial, but any eyewitness evidence may be tainted because her image has been widely published. This is common practice elsewhere in the UK but Scottish justice works differently and courts have viewed publication of photos as potentially prejudicial. Professor Pamela Ferguson of the University of Dundee notes “journalists do seem to be walking a dangerous line if publishing photos etc of suspects.” Crown Office, which is in overall charge of prosecutions, has indicated to journalists that no further comment will be made at least until indictment.

MacAskill however expressed confidence in the Scottish court system to deal with the situation. “I am confident… the courts themselves will intervene if they believe publicity is in danger of being prejudicial.” He also wrote to Lamont that he has faith in the court to successfully direct any jury that may try the case in order to maintain fairness.

The courts have said that the only safe route to avoid committing a contempt is to avoid publishing a photograph

The Contempt of Court Act 1981 is designed to prevent prejudicial material going in front of juries before trial. Although UK-wide legislation, the law is interpreted differently north of the border than in England and Wales. Witnesses in Scotland may be asked to identify accused persons standing in the dock. The BBC College of Journalism advises legal advice be sought ahead of publishing photos and notes it has previously been ruled contempt. The BBC used the accused’s photo prominently in their own online coverage.

Chalmers explains: “It may be a contempt of court to create a substantial risk of serious prejudice to someone’s right to a fair trial. A photograph might do this in a case where identification is an issue; on the face of it, that does not seem especially likely in this case, but it is impossible to know for certain at this point. The courts have said that the only safe route to avoid committing a contempt is to avoid publishing a photograph, but that does not mean that publishing a photograph is automatically a contempt.” MacAskill noted “the kind of issue that publicity might raise may become apparent only during the trial itself.”

Contempt has been a considerable issue in the UK in recent years after high-profile cases. In one instance a charge against serial killer Levi Bellfield was dropped owing to publicity while the jury were deliberating; in another, newspapers were fined and sued for libel over reporting on the arrest of a suspect who turned out to be innocent in a prominent investigation.

A proposal was mooted to ban identification of suspects arrested anywhere in the UK, but this was subsequently shelved. MacAskill confirmed “the Scottish Government is content with the way the courts are operating the rules on contempt of court in Scotland at the moment and has no plans to make changes.” He also wrote of the difficulties with trying to individually cover all eventualities with prescriptive legislation, saying “A trial for a sexual offence will raise very different issues — particularly of protecting victims — from those that are raised by a tax fraud trial.”

MacAskill says it is the Scottish Government’s position that the task of “counterbalancing the public interest in reporting with upholding the criminal law should be left to those whose job it is to do so — the courts and the judiciary, acting in the individual circumstances of the case”.

October 9, 2018

Category:June 30, 2006

Filed under: Uncategorized — @ 2:34 am
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Interview: PRS, the UK’s music royalty collection society

Filed under: Uncategorized — @ 2:28 am

Tuesday, January 26, 2010

PRS for Music is the UK’s music royalty collection society tasked with working on behalf of copyright holders, specifically authors and music publishers. Founded in 1914, the PRS is a non-profit organisation with 350,000 UK businesses holding PRS licenses. The society works in conjunction with PPL which collects fees on behalf of the copyright holders of the actual recording.So, if a cover version of a song is played on UK radio, PRS collect a fee on behalf of the original writer and publisher, whilst PPL collect a fee on behalf of the record company of the cover. In a recent Wikinews interview, Paul Campbell, founder of Amazing Radio, an unsigned UK radio station, lambasted PRS for their “barmy standard contract” and their outdated equipment. That interview can be found here.

The music industry is changing and the way we use music is continually changing

Wikinews reporter Tristan Thomas interviews PRS, following up on Campbell and others’ criticism as well as finding out about future plans.

((Wikinews)) Firstly, thank you for the time in doing this interview.

((WN)) Last year, you were involved in a high profile dispute with YouTube. Can you briefly explain to our audience what that was all about and the final outcome of it?

((PRS)) PRS for Music was the first collecting society in the world to license the YouTube service, meaning if music videos were watched online then our members – who created them – would receive a small royalty payment. When we went to renew the licence that YouTube held we couldn’t agree as to how much should be paid and exactly what should be covered within it. We believed that music had become a much larger part of the YouTube service and that YouTube/Google should reflect the increased use of our members’ creative talent in the amount they paid.

The great thing is that we kept talking to YouTube throughout the dispute and managed to reach an agreement in September which meant that the videos could be accessed again by UK YouTube users and that our 65,000 songwriter, composer and music publisher members would be paid.

((WN)) How many artists do you represent and how much did you collect during 2009 for them?

((PRS)) We represent 65,000 songwriters, composers and music publishers. We haven’t released our 2009 figures yet but in 2008 we collected over £600m for them. The main sources of revenue come from recorded media (CDs, DVDs etc), international use, public performance use and use in television, radio and online.

((WN)) Paul Campbell in a recent interview with us said the following:“PRS has a barmy standard contract for using their members’ music online. It requires us to pay them a fixed percentage of ALL revenue from that website – whether or not the revenue is derived from their members’ work. So if we had 100,000 songs from non-PRS artists on amazingtunes.com, and one song from a PRS artist, we’d have to pay them a percentage of the revenue from ALL 100,000 songs. I.e., we’d have to take money out of the pockets out of non-PRS artists to pay to PRS. That would be immoral.”How do you respond to that?

((PRS)) Anyone using music in a commercial way – such as a radio station – is required to obtain the permission of those that created the music. This could be numerous writers, publishers and a record label for each song, possibly in different countries around the world. By obtaining a PRS for Music and PPL licence in the UK you are ensuring you have those permissions for over 10million musical works. Obviously much of the music used on radio comes from non-UK writers who may not be members of PRS for Music. Radio and television stations give us almost 100% accurate reports of their music use through their own playlists; this data then enables organisations such as ours to work out who should be paid and how much. PRS for Music has 144 agreements in place with similar societies around the world, resulting in us representing almost 2 million writers worldwide. If French, American, Spanish, Australian or any other writer’s music is used we will pay the respective societies so they can pay their members.

HAVE YOUR SAY
Is PRS’ standard contract “barmy” as Paul Campbell asserts?
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Similarly a writer of musician may be ‘unsigned’ by that doesn’t mean that they shouldn’t earn from their music when it is used by others. Many bands, writers and performers are currently unsigned but by being members of PRS for Music they ensure that they can begin earning vital royalties that allow them to continue with their musical career.

((WN)) How does the PRS ensure that artists outside the UK are properly compensated when their music is used within the UK, such as Thai or Chinese restaurants paying their PRS dues and exclusively using music which is from outside Europe?

((PRS)) As mentioned before PRS for Music has agreements in place in over 90 countries around the world to ensure that when music is used the right creators are rewarded. The system – built up over the last century – works both ways and when UK music is used internationally, PRS for Music receives royalties from foreign societies so we can pay our members. In 2008 £139.8m was collected from UK music use abroad, with the UK being one of only a few net exporters of music in the world.

((WN)) There have been a few cases in which PRS have been forced to apologise, exemplified by the threat of prosecution and a fine towards “singing granny” Sandra Burt, a shelf-stacker who sung to herself whilst stacking shelves. How has PRS moved forward from these incidents in order to ensure they do not happen again?

((PRS)) If we have made mistakes we will of course put our hands up and say so. For example when we were approached about the Sandra Burt case – by a journalist incidentally and not Sandra – we did give out slightly incorrect advice, although the questions were a little ambiguous. Once we realised our mistake we contacted Sandra to explain that she wouldn’t need a licence to sing to her customers and offered our sincere apologies. As an organisation we are very quick to admit where we get things wrong and ensure they are put right. We’re proud of our record with our customers and currently have 350,000 businesses choosing to use music in the UK.

Once we realised our mistake we contacted Sandra

To put the complaints in context we have only have 1 for approximately every 5,000 customer contacts we make. This is an exceptionally low ratio and there are many firms who would be envious of a record like this. During 2009 our complaints fell by 50% and we appointed an independent ombudsmen who could handle any complaints if they were not resolved internally. As of January 2010 no complaints have needed to be passed on to the ombudsmen.

((WN)) How does the PRS work with musicians who are not signed to major labels, may make music available for download via their own websites or MySpace, and do not have the financial resources to protect their copyright?

((PRS)) Many of the PRS for Music membership is not signed to a major record label and we represent creators from all genres of music in the UK and abroad. By joining PRS for Music, which only costs £10 deferred to your first royalty payment, you ensure you can begin earning royalties whenever your music is played, performed or reproduced. We have worked hard to license such sites as YouTube, MySpace, Spotify and Sky Songs to name a selection to ensure our members can be rewarded when their work is used.

Our membership team also work hard to support our creators holding showcase events, offering advice of how to get their music used as well as legal and financial advice.

((WN)) Finally, what future plans do you have as an organisation in order to further protect and enhance your members work as new technologies emerge over the next few years?

((PRS)) PRS for Music will continue to be at the forefront of licensing new digital and online services to ensure creators are paid. We aim to get the balance right to ensure new products and music services can launch and develop, but that also they pay for the music they use.

The music industry is changing and the way we use music is continually changing (it always has) but we’ll still be at the forefront enabling people to use music whenever they want, and rewarding those that have created that music.

((WN)) Thank you for taking the time out for this interview. Good luck for 2010.

News briefs:January 06, 2008

Filed under: Uncategorized — @ 2:27 am

Contents

  • 1 Wikinews News Brief 06 Jan 07 1800 UTC
    • 1.1 Introduction
    • 1.2 Nevada, Northern California struck by massive storm
    • 1.3 2008 Dakar Rally cancelled over terrorist threat
    • 1.4 Baby attacked by dog in New York
    • 1.5 Former Indonesian president, Suharto in critical condition
    • 1.6 President Bush urges progress on Palestinian state; Israel to welcome President Bush with ‘open arms’
    • 1.7 Extremist group claims responsibilty for killing of American diplomat in Sudan
    • 1.8 Lakota Freedom Delegation says spokesman Russell Means ‘hijacked’ organization
    • 1.9 Kucinich suggests tonight’s Democratic debate unfair, files FCC charges versus ABC
    • 1.10 Childhood pneumonia can be cured at home
    • 1.11 Queen voted Britain’s greatest band
    • 1.12 London Knights trade Steve Mason to Kitchener Rangers
  • 2 Footer

[edit]

October 8, 2018

Popular Snapback Hats On Sale

Filed under: Catering Services — @ 3:44 pm

By John Peter

Snapback hats have become very popular with the people today. They want to be seen in these headgears everywhere. These snapback hats are available with the wholesalers in a large number of designs and colors. The suppliers also make these headgear for various teams to cater for their requirement. The sale of snapback hats has increased considerably in the recent past. The stock available with them varies from mid 80s to mid 90s. These are not easily available in various stores but can be readily purchased over internet where wide range of logo designs of different teams and colors are available. Surprisingly, these attractive headgears are reasonably priced too.

Some of these have adjustable plastic bags and headgear having flat brim. Snapback hats are popular with rappers and hip hop artists. They cost below $20. It will cost more if the same has been customized to meet your specific requirement. It thus gets a unique look and others are compelled to have a second look at it in appreciation. Besides copying their favourite stars and famous sportspeople, they also desire to keep pace with the latest fashion. Having a snapback hat gives you many advantages. Besides protecting the head, it keeps sun away from your face. It also enhances your personality. Thus, you get your money’s worth from the headgear.

Cheap snapbacks are available at departmental sores. But due to heavy demand, these may be out of stock there. These can be easily purchased online. Many online companies sell cheap caps in sale at such attractive rates that it would be difficult to ignore them.

[youtube]http://www.youtube.com/watch?v=Ep2sV6r8FXU[/youtube]

These can also be procured from thrift stores. These stores deal with used products. Snapback hats were fashionable some years back, but went out later. Many persons sold their snapback hats to these stores because these were then out of fashion and were of no use to them. Thrift stores sell these at very low rates. These items may be used but are in good condition. You should check the condition and quality before purchasing from the store.

Snapback hats are more than just a headgear. They have become popular in global sportswear. The experience of sale in previous decades has been good. These caps reflect logos and colors of old school teams. Besides this, a single size fits all. They are also available in wool or cotton twill. Cotton twill is most famous now. Green color under brim is the main attraction. These can be easily customized. Finest quality of material is used in making of these headgears so that they last for a long time. Since it can be customized, it will always be ensured that a perfect cap is produced. You should think of theme on which you are working and that should blend with logo to be selected provided it is being done for sports team.

Snapback hat in sale is a better choice because they are of lightweight when compared with other headgears that are thick and heavy. They do not cause sweating on head and make athletic activities comfortable. Many rappers and music stars have been observed wearing them in concerts and stage presentations. This has added to their popularity.

About the Author: Many people have difficulty in selecting the best

Urban Wear

in sale. It is for you to decide whether you wish to purchase a new, vintage or used headgear because that would decide the amount that you are likely to spend.

It is always profitable to source the merchandise from wholesale clothing suppliers. Since they only can offer better discounts and good quality. Click here for the best Wholesale Clothing

.

Source:

isnare.com

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Wikinews interviews World Wide Web co-inventor Robert Cailliau

Filed under: Uncategorized — @ 2:18 am

Thursday, August 16, 2007

The name Robert Cailliau may not ring a bell to the general public, but his invention is the reason why you are reading this: Dr. Cailliau together with his colleague Sir Tim Berners-Lee invented the World Wide Web, making the internet accessible so it could grow from an academic tool to a mass communication medium. Last January Dr. Cailliau retired from CERN, the European particle physics lab where the WWW emerged.

Wikinews offered the engineer a virtual beer from his native country Belgium, and conducted an e-mail interview with him (which started about three weeks ago) about the history and the future of the web and his life and work.

Wikinews: At the start of this interview, we would like to offer you a fresh pint on a terrace, but since this is an e-mail interview, we will limit ourselves to a virtual beer, which you can enjoy here.

Robert Cailliau: Yes, I myself once (at the 2nd international WWW Conference, Chicago) said that there is no such thing as a virtual beer: people will still want to sit together. Anyway, here we go.

Contents

  • 1 History of the WWW
  • 2 Future of the WWW
  • 3 Final question
  • 4 External links
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