6 Ekim 2012 Cumartesi

DEA NEWS: Nationwide Synthetic Drug Takedown

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WASHINGTON – More than 90 individuals were arrested and more than five million packets of finished designer synthetic drugs were seized in the first-ever nationwide law enforcement action against the synthetic designer drug industry responsible for the production and sale of synthetic drugs that are often marketed as bath salts, Spice, incense, or plant food. More than $36 million in cash was also seized.
Operation Log Jam Map
Operation Log Jam Map
As of today, more than 4.8 million packets of synthetic cannabinoids (ex. K2, Spice) and the products to produce nearly 13.6 million more, as well as 167,000 packets of synthetic cathinones (ex. bath salts), and the products to produce an additional 392,000 were seized.
Operation Log Jam was conducted jointly by the U.S. Drug Enforcement Administration and U.S. Immigration and Customs Enforcement (ICE), with assistance from the Internal Revenue Service Criminal Investigations, U.S. Postal Inspection Service, U.S. Customs and Border Protection, FBI, Food and Drug Administration’s Office of Criminal Investigations, as well as countless state and local law enforcement members in more than 109 U.S. cities and targeted every level of the synthetic designer drug industry, including retailers, wholesalers, and manufacturers.
“Although tremendous progress has been made in legislating and scheduling these dangerous substances, this enforcement action has disrupted the entire illegal industry, from manufacturers to retailers,” said DEA Administrator Michele M. Leonhart. “Together with our federal, state and local law enforcement partners, we are committed to targeting these new and emerging drugs with every scientific, legislative, and investigative tool at our disposal.”
“Today, we struck a huge blow to the synthetic drug industry. The criminal organizations behind the importation, distribution and selling of these synthetic drugs have scant regard for human life in their reckless pursuit of illicit profits,” said Acting Director of ICE’s Office of Homeland Security Investigations James Chaparro. “ICE is committed to working with our law enforcement partners to bring this industry to its knees.”
"The synthetic drug industry is an emerging area where we can leverage our financial investigative expertise to trace the path of illicit drug proceeds by identifying the financial linkages among the various co-conspirators,” said Richard Weber, Chief, IRS Criminal Investigation.  "We will continue working with our law enforcement partners to disrupt and ultimately dismantle the highest level drug trafficking and drug money laundering organizations that pose the greatest threat to Americans and American interests."
“The U.S. Postal Inspection Service aggressively investigates the use of the U.S. Mail system for the distribution of illegal controlled substances and its proceeds. Our agency uses a multi-tiered approach to these crimes: protection against the use of the mail for illegal purposes and enforcement of laws against drug trafficking and money laundering. This includes collaboration with other agencies,” said Chief Postal Inspector Guy J. Cottrell of the U.S. Postal Inspection Service.
“The mission of U.S. Customs and Border Protection is to guard our country’s borders from people and goods that could harm our way of life,” said U.S. Customs and Border Protection Acting Commissioner David V. Aguilar.  “We are proud to be part of an operation that disrupts the flow of synthetic drugs into the country and out of the hands of the American people.”
Over the past several years, there has been a growing use of, and interest in, synthetic cathinones (stimulants/hallucinogens) sold under the guise of “bath salts” or “plant food.” Marketed under names such as “Ivory Wave,” “Purple Wave,” “Vanilla Sky,” or “Bliss,” these products are comprised of a class of dangerous substances perceived to mimic cocaine, LSD, MDMA, and/or methamphetamine. Users have reported impaired perception, reduced motor control, disorientation, extreme paranoia, and violent episodes. The long-term physical and psychological effects of use are unknown but potentially severe.
These products have become increasingly popular, particularly among teens and young adults and those who mistakenly believe they can bypass the drug testing protocols that have been set up by employers and government agencies to protect public safety. They are sold at a variety of retail outlets, in head shops, and over the Internet. However, they have not been approved by the Food and Drug Administration (FDA) for human consumption or for medical use, and there is no oversight of the manufacturing process.
Smokable herbal blends marketed as being “legal” and providing a marijuana-like high have also become increasingly popular, particularly among teens and young adults, because they are easily available and, in many cases, they are more potent and dangerous than marijuana.  These products consist of plant material that has been coated with dangerous psychoactive compounds that mimic THC, the active ingredient in marijuana. Just as with the synthetic cathinones, synthetic cannabinoids are sold at a variety of retail outlets, in head shops and over the Internet.   Brands such as “Spice,” “K2,” “Blaze,” and “Red X Dawn” are labeled as incense to mask their intended purpose. 
While many of the designer drugs being marketed today that were seized as part of Operation Log Jam are not specifically prohibited in the Controlled Substances Act (CSA), the Controlled Substance Analogue Enforcement Act of 1986 (AEA) allows these drugs to be treated as controlled substances if they are proven to be chemically and/or pharmacologically similar to a Schedule I or Schedule II controlled substance.  A number of cases that are part of Operation Log Jam will be prosecuted federally under this analogue provision, which specifically exists to combat these new and emerging designer drugs.
DEA has used its emergency scheduling authority to combat both synthetic cathinones (the so-called bath salts like Ivory Wave, etc.) and synthetic cannabinoids (the so-called incense products like K2, Spice, etc.), temporarily placing several of these dangerous chemicals into Schedule I of the CSA. Congress has also acted, permanently placing 26 substances into Schedule I of the CSA.
In 2010, poison centers nationwide responded to about 3,200 calls related to synthetic “Spice” and “bath salts.” In 2011, that number jumped to more than 13,000 calls. Sixty percent of the cases involved patients 25 and younger.
For more information about this operation and synthetic designer drugs, visit www.dea.gov.
###Cities with Take-Down Sites in Operation Log Jam >>d

Global Innovation Index 2012

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The Global Innovation Index (GII) is a recognition of the key role that innovation serves as a driver of economic growth and prosperity. It is also an acknowledgement of the need for a broad horizontal vision of innovation that is applicable to both developed and emerging economies, with the inclusion of indicators that go beyond the traditional measures of innovation (such as the level of research and development in a given country). The GII is a valuable benchmarking tool to facilitate public-private dialogue, whereby policymakers, business leaders and other stakeholders can evaluate progress on a continual basis.The fifth edition (2012), of the GII is co-published by INSEAD and the World Intellectual Property Organization (WIPO).










Download

  • Full Report  (8.9mb)
  • Table of Contents 
  • Preface by INSEAD and WIPO 
  • Forewords by Knowledge Partners 
  • Contributors 
  • Advisory Board 
  • Global Innovation Index 2012 Rankings 
  • Chapter 1: The Global Innovation Index 2012: Stronger Innovation Linkages for Global Growth 
    • Annex 1: The Global Innovation Index Conceptual Framework 
    • Annex 2: Adjustments to the Global Innovation Index Framework and Year-on-Year Comparability of Results 
    • Annex 3: Statistical Tests on the Global Innovation Index 
  • Chapter 2: The Role of Public-Private Partnerships in Driving Innovation 
  • Chapter 3: Academia-Industry Innovation Linkages in the Case of Saudi Arabia: Developing a University-Industry Triple-Helix Framework to Promote Research and Development Collaboration 
  • Chapter 4: Accounting for Science-Industry Collaboration in Innovation: Existing Metrics and Related Challenges 
  • Chapter 5: The Role of Coherent Linkages in Fostering Innovation-Based Economies in the Gulf Cooperation Council Countries 
  • Chapter 6: The Russian Federation: A New Innovation Policy for Sustainable Growth 
  • Chapter 7: Shaping the National Innovation System: The Indian Perspective 
  • Chapter 8: An Integrated Policy Approach in Science, Technology, and Innovation for Sustainable Development: A UNESCO Idea in Action 
  • Chapter 9: Broadband, Inevitable Innovation, and Development 
  • Chapter 10: The Internet: An Unprecedented and Unparalleled Platform for Innovation and Change 
  • Chapter 11: We Are All Content Creators Now: Measuring Creativity and Innovation in the Digital Economy 
  • Appendix I: Index of Country/Economy Profiles 
  • Appendix II: Data tables 
  • Appendix III: Sources and Definitions 
  • Appendix IV: Technical Notes 
  • Appendix V: About the Authors 

© 2012 INSEAD and WIPOs

OECD broadband statistics (December 2011)

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Switzerland tops fixed broadband ranking, while Korea leads in wireless broadband

Switzerland tops for the first time the OECD fixed broadband ranking, with 39.9 subscribers per 100 inhabitants, followed closely by the Netherlands (39.1) and Denmark (37.9). The OECD average is 25.6.

Fixed wired broadband subscriptions reached 314 million in the OECD area at the end of 2011, although growth slowed to 1.8% in the second half. Year-on-year subscriptions rose by 4.1%. Greece, Poland and Chile experienced the highest growth, of 5%, to reach 21.8, 15.0 and 11.7 respectively. The overall share of DSL subscriptions continues to decrease (55.8%), to the benefit of cable (30%) and, especially, fibre-to-the-home subscriptions that now represent 13.7% of the total number of fixed broadband subscriptions.



Wireless broadband subscriptions showed healthy growth of over 13% in the last six months and Korea (100.6) and Sweden (98.0) continue to top the table. The global number of wireless broadband subscriptions in OECD countries totals 667 million, up from 590 million in June 2011.

Data and charts for the December 2011 broadband statistics are available at: http://www.oecd.org/sti/ict/broadband
 For comment or further information, journalists should contact Agustin Diaz-Pines (agustin.diaz-pines<a>oecd.org or tel.  + 33 1 45 24 19 62) of the OECD’s Information, Communications and Consumer Policy division.x

The Pensions Outlook 2012

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Governments will need to raise retirement ages gradually to address increasing life expectancy in order to ensure that their national pension systems are both affordable and adequate, according to a new OECD report. At a time of heightened global economic uncertainty, such reforms can also play a crucial role in governments’ responses to the crisis, contributing to fiscal consolidation at the same time as boosting growth.
Over the next 50 years, life expectancy at birth is expected to increase by more than 7 years in developed economies. The long-term retirement age in half of OECD countries will be 65, and in 14 countries it will be between 67 and 69. The Pensions Outlook 2012says that increases in retirement ages are underway or planned in 28 out of the 34 OECD countries. These increases, however, are expected to keep pace with improved life expectancy only in six countries for men and in 10 countries for women. Governments should thus consider formally linking retirement ages to life expectancy, as in Denmark and Italy, and make greater efforts to promote private pensions.
“Bold action is required. Breaking down the barriers that stop older people from working beyond traditional retirement ages will be a necessity to ensure that our children and grand-children can enjoy an adequate pension at the end of their working life,” said OECD Secretary-General Angel Gurría. “Though these reforms can sometimes be unpopular and painful, at this time of tight public finances and limited scope for fiscal and monetary policy, these reforms can also serve to boost much needed growth in ageing economies.”
The Pensions Outlook 2012 finds that reforms over the past decade have cut future public pension payouts, typically by 20 to 25 per cent. People starting work today can expect a net public pension of about half their net earnings on average in OECD countries, if they retire after a full career, at the official retirement age. But in nearly all the 13 countries that have made private pensions mandatory, pensioners can expect benefits of around 60% of earnings.
Conversely, in countries where public pensions are relatively low and private pensions voluntary, such as Germany, Ireland, Korea, Japan and the United States, large segments of the population can expect major falls in income upon retirement.
This could cause pensioner poverty to increase significantly. Later retirement and greater access to private pensions will be critical to closing this pension gap, says the OECD.
However, making private pensions compulsory is not necessarily the answer for every country. According to the report, such action could unfairly affect low earners and be perceived as an additional tax. Auto-enrolment schemes – where people are enrolled automatically and can then opt out within a certain time frame – might be a suitable alternative.
Italy and New Zealand have already introduced such schemes and the UK is set to roll one out in October 2012. However, the report finds that results are mixed, with a major expansion of coverage of private pensions in countries like New Zealand, and having only a small effect in others like Italy.
More broadly, reforming tax reliefs to encourage private pension savings is also needed, as low earners and younger workers are much less likely to have a private pension. Facilitating matching contributions or giving flat subsidies to savers, such as in Germany and New Zealand, would improve their incentives to contribute. To boost confidence in private pensions, governments also need to improve their oversight of funds to ensure that charges are kept low and risks minimised.
This inaugural edition of the Pensions Outlook also includes the first comprehensive evaluation of national Defined Contribution systems, which are now a central feature of many countries’ pension systems. Among other recommendations, the report argues that it is critical to set the minimum or default contribution rate in Defined Contribution systems at an appropriate level.
Contributions to these systems need to be high enough so that together with public pensions they generate sufficient income at retirement. While Australia is moving in the right direction by increasing its contribution rate from 9% to 12%, it remains too low in countries such as Mexico and New Zealand (6.5% and 3%, respectively).
For comment or further information, journalists should contact Juan Yermo of the OECD’s Financial Affairs division (tel.  + 33 1 45 24 96 62) or Edward Whitehouse of the OECD’s Social Policy division (tel.  + 33 6 25 89 56 67).
Highlights of the report are available at www.oecd.org/daf/pensions/outlook

Learning from China's rise to escape the middle-income trap : a new structural economics approach to Latin America

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This paper discusses the causes of the middle-income trap in Latin America and the Caribbean, identifies the challenges and opportunities for Latin America that come from China's rise, and draws lessons from New Structural Economics and the Growth Identification and Facilitation Framework to help Latin America escape the middle-income trap. Countries in Latin America and the Caribbean are caught in a middle-income trap due to their inability to structurally upgrade from low value-added to high value-added products. 
Governments in Latin America and the Caribbean should intervene in industries in which they have a comparative advantage, calibrating supporting policies in close collaboration with the private sector through public-private sector alliances. Through continuous structural upgrading in sectors intensive in factors such as natural resources, scientific knowledge, and unskilled labor, the region could achieve dynamic growth. This would require investments in education, research and development, and physical infrastructure. 
Therefore, industrial upgrading and diversification would be essential to avoid further de-industrialization arising from the competitive pressures of the rise of China, broaden the base for economic growth, and create the basis for further sustained reduction in unemployment, poverty and income inequality. Failure to do so would lead to a loss of competitiveness and risks of further de-industrialization.
Learning from China's rise to escape the middle-income trap : a new structural economics approach to Latin America

5 Ekim 2012 Cuma

Who is (or isn't) Counted as Unemployed?

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This little 2 minute video does a good job in explaining how the Bureau of Labor Statistics measures who is Unemployed, who is not in labor market, who is marginally in the labor market and who is working part time for economic reasons.

Only people who are "Unemployed" are counted in the (10%) unemployment rate. The other 3 categories may or may not be included in the U-6 Broader measurement of unemployment (~17%). The video pokes fun that the government would rather have the public and media focus on the smaller number in order to keep optimism high.

What's the Maximum Weekly Unemployment Benefit?

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If you're recently unemployed, you may be wondering what the maximum weekly amount of money that you may be getting from the government. Fortunately, MSN Money published a comparison of how much your UI benefits could be... Note: The amount you get depends on the state in which you worked, not the state that you may move to during your jobless time.

Maximum Weekly Unemployment Benefit By State
  1. Alabama - $255
  2. Alaska - $370
  3. Arizona - $240
  4. Arkansas - $409
  5. California - $450
  6. Colorado - $475
  7. Connecticut - $519
  8. Delaware - $330
  9. District of Columbia (Washington DC) - $359
  10. Florida - $275
  11. Georgia - $330
  12. Hawaii - $545
  13. Idaho - $362
  14. Illinois - $385
  15. Indiana - $390
  16. Iowa - $443
  17. Kansas - $423
  18. Kentucky - $415
  19. Louisiana - $284
  20. Maine - $496
  21. Maryland - $380
  22. Massachusetts - $628
  23. Michigan - $365
  24. Minnesota - $566
  25. Mississippi - $230
  26. Missouri - $320
  27. Montana - $407
  28. Nebraska - $308
  29. Nevada - $362
  30. New Hampshire - $427
  31. New Jersey $584
  32. New Mexico - $455
  33. New York - $405
  34. North Carolina - $494
  35. North Dakota - $385
  36. Ohio - $372
  37. Oklahoma - $392
  38. Oregon - $482
  39. Pennsylvania - $539
  40. Rhode Island - $528
  41. South Carolina - $326
  42. South Dakota - $285
  43. Tennessee - $275
  44. Texas - $378
  45. Utah - $444
  46. Vermont - $409
  47. Virgina - $378
  48. Washington - $541
  49. West Virginia - $424
  50. Wisconsin - $363
  51. Wyoming - $387
The amount of money received during Tier 2 and Tier 3 payouts are the same as what is received during the first phase of unemployment. The numbers above do not include the extra $25/week that Obama approved, so your checks may actually be slightly higher, as long as the stimulus plan is still in affect.