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17% of Cyberterror Attacks Originate in China

May 31, 2008

Cyberthreat Report According to Akamai Technologies’ State of the Internet report, China has emerged as the world’s leading cyberterror superpower leading in (DDoS) attacks, hacking attacks, spamming and virus attacks.

Akamai observations during the first quarter of 2008 show traffic originating from 125 unique countries around the world. China and the United States were the two largest traffic sources, accounting for some 30% of traffic in total. The top 10 countries were the source of approximately three quarters (75%) of the attacks measured.

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Internet Advertising is Recession Proof

May 31, 2008

via Business Wire - According a recently released IDC’s study U.S. Internet Advertising 2008-2012 Forecast and Analysis: Defying Economic Crisis Internet advertising in the United States will continue to grow fast even if recession will lead to a contraction in ad spending overall, essentially accelerating the transfer of marketing budgets from the traditional media into the new. During the forecast period, Internet advertising will grow about eight times as fast as advertising at large. IDC predicts overall Internet advertising revenue will double from $25.5 billion in 2007 to $51.1 billion in 2012. Read the rest of this entry »

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Oil-Related Transfers of Wealth

May 14, 2008

Oil-related wealth transfers have helped create growing sovereign wealth funds in many of the oil exporting nations, including countries such as the United Arab Emirates, Saudi Arabia (see Saudi Arabia Homeland Security Market Outlook - 2009-2018), and Venezuela. Read the rest of this entry »

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Impact of the U.S. Ethanol Industry on the Price of Corn

May 12, 2008

Below is the testimony of Bruce A. Babcock, Director of the Center for Agriculture and Rural Development, Iowa State University, made at the hearing of the U.S. Senate Committee on Homeland Security and Governmental Affairs. The subject of the hearing is how fuel subsidies impact food supply. Read the rest of this entry »

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Categories: Agriculture, Economy | 2 Comments »

Saudi Arabia Moves Agriculture Abroad

May 12, 2008

Saudi government moves agriculture abroad by investing in farming of staple commodities in Thailand, Brazil, India and other countries. This move represents a classic case of “absolute advantage” economy. At the current high energy prices it makes all sense for Saudis to get rid of heavily subsidized agriculture sector burdened by huge costs of desalinated water and to focus investments on oil and gas production. Saudi Arabia plans to increase wheat and rice exports. This is the first step in abandoning “self-sustainability” program which lasted for 30 years and completely failed to deliver agriculture products at costs approaching market prices. Saudi Arabia is already the world’s sixth largest importer of rice. Read the rest of this entry »

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