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Canadian dollar at 13-month high ahead of expected Fed word on stimulus

By Malcolm Morrison, The Canadian Press

TORONTO - The Canadian dollar closed at a 13-month high Tuesday amid expectations that the U.S. Federal Reserve will launch another round of stimulus to help the American economy.

The loonie was off the highs of the session, closing up 0.45 of a cent to 102.75 cents US after going as high as 102.91 cents US as the greenback weakened ahead of the Feds two-day meeting on interest rates.

The central bank could announce another round of quantitative easing Thursday, which would see the Fed print more money to buy up bonds in order to keep interest rates low and encourage lending.

Expectations that the Fed would provide another jolt for the economy increased after jobs data released Friday failed to meet modest expectations of 125,000 new jobs. Instead, the economy cranked out 97,000 jobs and employment numbers for June and July were revised downward.

However, there is a degree of uncertainty as to whether the Fed will act now, especially as it may not want to become a key point of debate in the upcoming U.S. presidential election.

The American currency weakened further Tuesday morning after Moody's Investors Service said it would likely cut its "Aaa" rating on U.S. government debt, probably by one notch, if federal budget negotiations fail. If the highly partisan Congress does not reach a budget deal, more than $600 billion in spending cuts and tax increases will kick in next year.

That scenario has been called the "fiscal cliff" because it is likely to send the U.S. economy back into recession and drive unemployment up.

Commodities were higher amid signs that the Chinese government may be moving to provide another round of stimulus measures to help a slowing economy.

A day after data showed Chinese imports and factory output continuing to slow, Chinas premier Wen Jiabao promised to do more to encourage growth through more tax cuts and measures to boost consumer spending.

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Canadian dollar at 13-month high ahead of expected Fed word on stimulus

Social Media Marketing Agency, fishbat Announces Launch of Podcast: Reel Time

Bohemia, NY (PRWEB) September 07, 2012

On September 7, 2012, social media marketing agency, fishbat, announced the inception of Reel Time, their weekly podcast series.

A leader in effective online marketing strategies, fishbat provides online marketing tools and innovative digital platform practices for all business strategies. Reel Time marks the genesis of fishbats newest method of disseminating social media and digital marketing advice to current and potential customers.

The objective of Reel Time is to keep businesses au courant with social media and digital marketing strategies. Anybody wanting to increase their knowledge of ways to increase brand awareness can receive advice from fishbats digital marketing experts. While creating engaging content and fine-tuning various aspects of operation on a digital platform, fishbat has reached a milestone in social media marketing. Each installment of Reel Time highlights and expands upon a specific online marketing advantage or innovation that companies may not be familiar with.

Scott Darrohn, COO of fishbat, Inc., states, Theres a lot of information out there that people arent familiar with in our industry. With fishbat being a leader in our industry we feel that being as social as we [fishbat] are, we want to have the ability to pass it forwardWe want to be able to share our information out with other people that are in our industry or many companies themselves that are looking to get involved on the digital platforms. And the best way really to do it is to have a weekly podcast go out that addresses each topic individually.

Reel Time, a fishbat Podcast, is downloadable on their podcast page and on iTunes.

fishbat, Inc. is a full service web marketing agency. Though social media management, search engine optimization (SEO), web design, and public relations, fishbat strives as a marketing firm to fully bring awareness regarding your brand and strengthen your corporate image.

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Social Media Marketing Agency, fishbat Announces Launch of Podcast: Reel Time

The New Yorker Got Temporarily Banned From Facebook for Posting Cartoon Boobs [Censorship]

The venerable New Yorker is the latest casualty in Facebook's senseless war on boobs. The Facebook page for the New Yorker's cartoon department was temporarily disabled after they posted the cartoon above featuring a topless lady, according to a blog post by New Yorker cartoon editor Bob Mankoff.

After the ban, the cartoon was even redrawn by its author, Mick Stevens, to feature a clothed couple, though "the gain in clothes caused too great a loss in humor," Mankoff writes.

Mankoff believes Facebook temporarily axed the New Yorker's cartoon page because the cartoon broke content guidelines that prohibit "naked 'private parts' including female nipple bulges and naked butt cracks." (We obtained and published Facebook's detailed content guidelines earlier this year.) This would make sense. The social network mercilessly hunts down and censors pictures of bare breasts like Iranian computer scientists going after Stuxnet, even when they appear in the innocuous context of breastfeeding.

However, Facebook has voiced acceptance of artistic representations of breasts. Last year an art school got banned for posting a nude sketch. After a public outcry Facebook admitted they made a mistake and said they had an "unwritten policy that allows drawings or sculptures of nudes." So why did The New Yorker's cartoon department get heat for posting a minimalist cartoon featuring breasts? Who knows. Maybe one of the poorly-paid Third World moderators who help police Facebook just didn't get it.

[Cartoon via The New Yorker]

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The New Yorker Got Temporarily Banned From Facebook for Posting Cartoon Boobs [Censorship]

Money Mantra: Impact of social media – Video

11-09-2012 01:08 Money Mantra: People have started using social networking websites like YouTube, Facebook and Twitter to express their opinions, feelings. On Money Mantra, NDTV's Mehraj Dube and a panel of guests discuss the impact of an increasing usage of social media websites. Watch full show:

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Money Mantra: Impact of social media - Video

Green Social Networking May Save the Human Species…

TOKYO, Sept. 10, 2012 /PRNewswire-iReach/ -- Humans face some huge global environmental challenges these days, including climate change, resource depletion, habitat loss, and declining water supplies, to name just a few. The list is long and just seems to get longer. These crucial issues often don't get the attention they need given how important they are, and I've often wondered why and what we can do about it. Green social networking with groups like GreenITers could be part of the solution.

(Photo: http://photos.prnewswire.com/prnh/20120910/CG70877)

Efforts by environmental groups to stir responses to problems often boil down to fear and facts. Neither of these tends to mobilize the intended response. Trying to stir a response by making people afraid tends to do the opposite- driving them away. And bombarding people with facts often fails to stir a response because facts seldom engage positive emotions that we do respond to. Facts alone don't usually make us get up off the sofa and take positive action, but our feelings do.

There are clear strategies we can use though to mobilize a greater response to environmental challenges, tapping into our human nature to work with it rather than against it. One of these is tap into our human need to be social, and another is our human need to have purpose in our lives that is greater than merely existing. We want to do things that matter and we want to do it together. Green social networking helps us to meet both of these needs.

Humans are inherently social animals, having evolved this way over millions of years. We not only enjoy each other's company, but we have a deep need to connect socially with others. When we connect with others helping to solve environmental challenges, part of being social means that we want to do it too. When it comes to environmental action, there is a great power in numbers.

GreenITers is a green social network that helps connect people engaged in taking environmental action, helping them to share ideas, help each other, and accomplish more. The group has grown rapidly, with membership spanning the globe, recently passing 10,000 members altogether. "We are getting stronger in India and China but recently in a member count, we were surprised to see that the U.S actually leads the pack with over 3,000 members," said GreenITers founder Flavio Souza, from Brazil originally and currently living in Tokyo. Souza is starting small, connecting with individuals, but has some big dreams in mind about having a positive impact on our world.

"In general, people are joining now to learn and be coached by other eco-minded fellows, so that has been the main contribution of GreenITers, to connect those minds, in the middle run I sincerely hope that our community may serve to motivate others to expand their green knowledge for making the environmental movement go main street" said Souza. "There is a huge unconscious demand for a change in behavior for a greener path but many people are new to the subject so they are looking out for a community to learn how to make the switch to a greener way of life."

GreenITers has sub-groups focused on specific challenges and opportunities, for those who are excited about renewable energy, recycling, climate change, green building, or other areas. Signing up is free, and it could be one more step toward building a better planet.

When I look at what GreenITers is doing, I changed my mind about one thing though. I don't think they are simply a green social network. They are building a community of people engaged in important work together. There's a big difference between the two, and as they grow and tackle more challenges together, the difference will only grow.

Joe Sato, Fullcircle Innovations, 03-3505-5565, media@fullcircle.co.jp

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Green Social Networking May Save the Human Species...