John McAfee, the antivirus software pioneer, is tired and stressed. But this week, as he continued to evade Belizean authorities searching for him in connection with the recent murder of a US citizen, the multimillionaire mathematician and “technologist” went on the offensive.
In a telephone interview with the Financial Times, he railed against the government of the tiny Caribbean country that he now calls home, and he vowed to uncover the “injustices” to which he claims he and other residents have been subjected.
“I feel an obligation to try to . . . expose the abuses that have occurred to myself, to other foreigners and to Belizeans,” he said. “There is a history of governments changing when spotlights are placed on their actions.”
Disenchanted with what he calls the “sensationalism” of the press coverage his saga has attracted since going into hiding, he has turned to what arguably he does best: the internet.
Thursday, November 22, 2012
Sunday, November 11, 2012
Japan's shrinking economy
Japan’s economy shrank 0.9 per cent between July and September, the steepest decline since the earthquake hit in the first quarter of 2011, as exporters suffered a 5 per cent fall in shipments to key markets such as China and Europe.
Growth in the world’s third largest economy had been relatively strong in the first half of the year, as output was boosted by the redevelopment of parts of the northeast affected by the tsunami and by a revival of consumer spending, assisted by state subsidies to buy fuel-efficient cars.
Yet in the third quarter, as manufacturers cut production amid a steady worsening in their profit outlook, the economy slipped once more, according to Monday’s initial estimate from the Cabinet Office. Increases in public spending and a small rise in private residential investment were not enough to offset the export slump, which contributed to a 0.5 per cent fall in private consumption.
On an annualised basis, gross domestic product fell 3.5 per cent in the quarter, slightly more than consensus estimates, following a revised 0.3 per cent gain in the previous quarter.
Growth in the world’s third largest economy had been relatively strong in the first half of the year, as output was boosted by the redevelopment of parts of the northeast affected by the tsunami and by a revival of consumer spending, assisted by state subsidies to buy fuel-efficient cars.
Yet in the third quarter, as manufacturers cut production amid a steady worsening in their profit outlook, the economy slipped once more, according to Monday’s initial estimate from the Cabinet Office. Increases in public spending and a small rise in private residential investment were not enough to offset the export slump, which contributed to a 0.5 per cent fall in private consumption.
On an annualised basis, gross domestic product fell 3.5 per cent in the quarter, slightly more than consensus estimates, following a revised 0.3 per cent gain in the previous quarter.
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