1 World Bank cuts global growth forecast (BBC) The World
Bank has cut its 2013 global growth outlook, blaming a slower-than-expected
recovery in developed nations. In its twice-yearly Global Economic Prospects
report, the bank said it expected world growth to be 2.4% this year, down on
the 3% forecast in June. The bank also warned of the damage being done to
confidence by the US budget battles in Washington. Although financial markets
are calmer than they were last year, it is not reflected in growth, the bank
said.
"What we are seeing is a recovery we anticipated in
June being pushed a little further back in time, beginning closer to the end of
the first quarter and into the second quarter of 2013, rather than beginning a
little earlier," said the bank in its report. "You can keep markets calm for one or two
years, but if this is not backed up with real growth you could get another
round of financial risks coming in." The bank forecasts growth in the US
this year of 1.9%, but says this is based on US politicians in Washington
making progress in budget talks.
2 Culture war over Delhi gang rape (Jason Burke in The
Guardian) The Delhi gang rape case has provoked outrage and anger, coming
against a background of rising violence to women in India. Reported cases of
rape have more than doubled in the past 20 years, according to official data,
with women being a high proportion of victims of soaring violent crime too.
India's supreme court last week declared Delhi
"unsafe" for women. But the gang rape case has also led to a fierce
and unprecedented debate on attitudes to women in India. Those who say radical
social change is essential to make women safer are clashing with conservatives
who say the opposite. Some characterise the confrontation as a "culture
war".
"There is a conflict and its location is what women
can do and not do," said Shoma Chaudhury, managing editor of news magazine
Tehelka. Many conservatives maintain "capitalism and consumerism and
growing individualism" have led to "decay in the society". Often
"westernisation" is blamed. Since the rape, a series of village
councils in northern India have banned girls from using mobile phones, wearing
"decadent" dress or dancing at weddings.
Such attempts to control women's behaviour are rooted in
anxiety and the weakness of the Indian state to protect its citizens, said
Reicha Tanwar, of Kurukshetra University, in the northern state of Haryana,
where sex ratios are among the most skewed in India and there has been a spate
of attacks on women.
The social network said it will enable members to conduct complex queries related to their friends' profiles, such as "tourist attractions in France visited by my friends." In doing so, Facebook is attacking Google's core strength and its most lucrative product—search—in a bid to convince people they might not need to use Google to find information. Google generates the majority of its $40 billion in annual revenue world-wide from selling ads on its search engine. In the US, Google was projected to make more than $13 billion in search-ad revenue, or 75% of the entire market, in 2012, according to research firm eMarketer Inc.
Google's repository of information remains unmatched. It said it has indexed 30 trillion unique Web pages across 230 million sites. Last year, Google changed its search engine to make it easier for people to quickly get detailed information about people, places and real-world things by displaying photos, facts and other "direct answers" to search queries at the top of the search-results page, rather than just links.
Having witnessed Facebook's rise and anticipating its move into search, Google built its own social-networking service, Google+, in 2011 to obtain data about specific individuals by name, their personal interests and the identities of their friends. It then integrated Google+ with its Web-search service, so that people searching for a particular website, local restaurant or real-world product will be alerted if any of their Google+ contacts previously rated it positively or negatively.
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