World Business- Daily Report- US dollar on top- google bans china- 2010 predictions- more

Business : US dollar to stay world’s currency of choice: IMF (Khaleej Times)

HONG KONG – The head of the International Monetary Fund said Wednesday the US dollar will remain the de facto world currency despite predictions that the euro or Chinese yuan will soon overtake it.

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[1] Business : US dollar to stay world’s currency of choice: IMF (Khaleej Times)

Recession in Porn Business Has Lessons for Mainstream Advertisers: Faster, Smaller, More Expensive

[2] http://industry.bnet.com/advertising/10005167/recession-in-porn-business-has-lessons-for-mainstream-advertisers-faster-smaller-more-expensive/

[3] Pornograpy marketers are still gripped by the recession but are finding new ways to advertise their products and generate revenue, it emerged at the [4] Adult Entertainment Expo. AEE is a porn business conference held in parallel with [5] CES, the giant technology conference held annually in Las Vegas. Both just ended.

[6] Google’s China Stance: More about Business than Thwarting Evil

[7] http://www.techcrunch.com/2010/01/12/google%E2%80%99s-china-stance-more-about-business-than-thwarting-evil/

Enter the [8] now famous blog post (that was notably, only on the English-language site) saying that Google was no longer playing by the Chinese government’s rules and was prepared to close down Chinese operations if it came to that. Valley elites erupted into applause on Twitter and blogs saying Google was showing more backbone than the US government and was a model of integrity for the world.

1. Google’s business was not doing well in China. Does anyone really think Google would be doing this if it had top market share in the country…

2. Google is ready to burn bridges. This is not how negotiations are done in China, and Google has done well enough there to know that. You don’t get results by pressuring the government in a public, English-language blog post…..

3. This is only going to be a trickier issue in the next decade. Think the Shanda [9] acquisition of Mochi Media was an isolated event? Think again. Chinese Web companies are building huge cash hoards and valuable stock currencies and it’s still a comparatively young Web market…..

[10] http://smallbiztrends.com/2010/01/10-predictions-forecasts-and-trends-that-will-shape-our-global-small-business-world-in-2010.html

[11] 10 Predictions, Forecasts and Trends That Will Shape Our Global Small Business World In 2010

1. Globally integrated future - better known as cheap, quick and global. [12] Thomas Friedman summed up this notion nicely here. It boils down to the ability to access cheap tools anywhere, anytime, to get a job done.

2. World power. We will witness a new kind of colorful online place — the creation of clusters, crowds and armies formed right before our eyes, drawing us into their cause, crusade, mission or development that helps people solve their own problems in the world

3. Technologically enabled future. The iPhone was a tremendous breakthrough for smart phones and their users, but watch for bigger and better technology advances coming out soon in your local theater, automobile, kitchen, television and gas station. Every time technology advances, we as a global society advance.

4. China Ltd. China is going to show us a thing or two this year and over the coming decade. With an economy that expanded 8.9% from a year earlier in the third quarter of 2009, China is on the fast track to economic domination.

5. Thick as a BRIC. We will continue to see a power shift in the large, emerging BRIC countries: Brazil, Russia, India and China. Once considered growth explosive markets, all four might pull back this year

6. The Young and the Restless: The Radical Global Entrepreneur. These entrepreneurs will finally recognize that what they are doing on the side as a hobby generates revenue locally

7. Come-out-of-nowhere theory. Often referred to as the element of surprise. Look for lots of that in 2010. It’s only natural that after such a dreadful year people are tired, worn down and overwhelmed by the same old, same old.

8. The Age of Online Factory Direct (OFD). Brick and mortar stores will suffer enormously over the coming years as more customers like the experience and convenience of shopping online.

9. Global Small Business Heroes. Say bye-bye to Tiger Woods and Michael Phelps as once famous corporate spokespeople and say hello to the engine of our economic growth:

10. Borderless venture capital (BVC). In addition to QVC, we will have BVC, caused by the fact that money and credit have evaporated. There is less money to go around, with lots more businesses that need it locally.