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GNU_kum
2-3-96. FinTim:
"World's financial police to cast money laundering net
wider."
The plan needs to address issues raised by cybercash.
These technologies pose a threat but answers should
not be dated as soon as published. Officials want
developers of new technologies to consider their
criminal potential before launch, to avoid clampdown
afterwards. Possible safeguards against the misuse of
electronic purses may include limiting their maximum
value or restricting use to closed systems.
"Communist to capitalist." [Book review]
China's Rise, Russia's Fall, by Peter Nolan.
Nolan says China's leaders had the self-confidence to
chart their own evolutionary approach, largely
preserving state institutions at a central and regional
level, and fostered entrepreneurship through intelligent
government planning. Russia's ruling class were
hoodwinked by a phalanx of mainly US and UK advisers
urging a "shock therapy" of destroying existing
economic and political power-bases. The result has been
a deep tragedy.
2-3-96. EcoMist:
"Why is the Internet so slow; what can be done about it?"
At present there is no answer, only a few expedients to
limit traffic on congested routes, say, with "caches".
However, Web site owners object to providers caching
their wares, because it robs them of valuable
information about their viewers -- the sort that
advertisers demand. The caches have, in effect copied
these pages without their owners' permission, and are
showing them to others without their owners' knowledge.
But faced with an Internet meltdown copyright violation
may be the least of their worries.
GNU_kum (for the three)