Wednesday, December 5, 2012

10 powerful people who run the world

5 hrs.

What do the president of the United States, the pope and the founder of Facebook all have in common? They?re all featured on Forbes? 2012 ranking of the World?s Most Powerful People ??an annual look at the heads of state, financiers, philanthropists and entrepreneurs who truly run the world.

To compile the list, we considered hundreds of candidates from various walks of life all around the globe, and measured their power along four dimensions. First, we asked whether the candidate has power over lots of people. Pope Benedict XVI, ranked #5 on our list, is the spiritual leader of more than a billion Catholics, or about 1/6th of the world?s population. Michael Duke (#17), CEO of Wal-Mart Stores, employs two million people.

Next we assessed the financial resources controlled by each person. Are they relatively large compared to their peers? For heads of state we used GDP, while for CEOs, we looked at measures like their company?s assets and revenues. When candidates have a high personal net worth ??like the world?s richest man, Carlos Slim Helu (#11)?? we also took that into consideration. In certain instances, like Saudi King Abdullah bin Abdul Aziz al Saud, we considered other valuable resources at the candidate?s disposal ??like 20 percent of the world?s known oil reserves.

Then we determined if the candidate is powerful in multiple spheres. There are only 71 slots on our list ? one for every 100 million people on the planet ? so being powerful in just one area is often not enough. Our picks project their influence in myriad ways: New York Mayor Michael Bloomberg (#16) has power because he?s a politician, because he?s a billionaire, because he?s a media magnate, and because he?s a major philanthropist.

Lastly, we made sure that the candidates actively used their power. Russian autocrat Vladimir Putin (#3) scored points because he so frequently shows his strength ? like when he jails protestors.

To calculate the final rankings, 10 senior Forbes editors ranked all of our candidates in each of these four dimensions of power, and those individual rankings were averaged into a composite score.

U.S. President Barack Obama emerged, unanimously, as the world?s most powerful person, for the second year running. Obama was the decisive winner of the 2012 U.S. presidential election, and now he gets four more years to push his agenda. The president faces major challenges, including an unresolved budget crisis, stubbornly high unemployment and renewed unrest in the Middle East. But Obama remains the unquestioned commander in chief of the world?s greatest military and head of its sole economic and cultural superpower.

The second most powerful person in the world also happens to be the most powerful woman: Angela Merkel, the chancellor of Germany, jumps up from #4 last year to take the runner-up spot on the list. Merkel is the backbone of the 27-member European Union and carries the fate of the euro on her shoulders; she?s shown her power through a hard-line austerity solution for? the European debt crisis.

Facebook CEO Mark Zuckerberg (#25) is one of the youngest people on the list, at age 29; he dropped significantly from last year?s top-10 ranking after Facebook?s much-anticipated IPO turned out to be a flop. Brazilian president Dilma Rousseff (#18) is one of the list?s biggest gainers: At the midpoint of her first term, Rousseff?s emphasis on entrepreneurship has prompted a slew of new startups and energized Brazilian youths.

Apple CEO? Tim Cook (#35) made a big upward move, too: A year after he succeeded iconic founder Steve Jobs, the company is the most valuable in the world. Apple stock hit an all-time high in September, at $696.82 a share: That?s up $319 from the day Jobs died in October 2011.

New members of the list include LinkedIn co-founder Reid Hoffman (#71), the world?s most powerful venture capitalist and the most-connected man in Silicon Valley. Elon Musk (#66), the entrepreneur behind PayPal and Tesla Motors, is the most powerful man in space: His company SpaceX is a leader in the private space industry, and with that business set to boom, Musk stands to make out like a 19th-century railway tycoon.

A number of prominent people fell off the entirely. Last year?s #2, Chinese President Hu Jintao, is on his way out of office; he?s already handed over some of his duties, and will surrender the rest early next year. We? removed U.S. Treasury Secretary Timothy Geithner and Secretary of State Hillary Clinton from the list for the same reasons: They?re both not expected to return to their powerful posts for Obama?s second term.

Here is the list of the top 10:

1.???????? Barack Obama?
President, United States of America?
Age: 51

The decisive winner of the 2012 U.S. presidential election on all counts: Obama took the popular vote, the electoral college and 7 out of 7 toss-up states. Now he gets 4 more years to push his agenda past weakened congressional Republicans. Still, he faces major challenges, including an unresolved budget crisis, stubbornly high unemployment and renewed unrest in the Middle East. But Obama remains the commander in chief of the world?s greatest military and head of the sole economic and cultural superpower?literally the leader of the free world.

2.???????? Angela Merkel?
Chancellor, Germany?
Age: 58

The world?s most powerful woman is the backbone of the 27-member European Union and carries the fate of the euro on her shoulders. Merkel?s hard-line austerity prescription for easing the European debt crisis has been challenged by both hard-hit southern countries and the more affluent north, but it?and she?are still standing. Merkel has served as chancellor since 2005, but one of her biggest challenges still lies ahead: bolstering her government?s sagging popularity before the 2013 German general election.

3.???????? Vladimir Putin?
President, Russia?
Age: 60

Re-elected for a third six-year term as president in March after a few years swapping posts with Prime Minister Dmitri Medvedev, Putin officially regains the power that no one believes he truly gave up. This October the ex-KGB strongman?who controls a nuclear-tipped army, a permanent seat on the UN Security Council and some of the world?s largest oil and gas reserves?turned 60. That?s Russia?s retirement age, but who?s got the nerve to tell him to quit?

4.???????? Bill Gates?
Co-chair, Bill & Melinda Gates Foundation?
Age: 57

The world?s second-richest man is worth $65 billion?and that?s after giving away more than $28 billion. Gates?s post-Microsoft mission includes eliminating many infectious and deadly diseases: By his own estimates, that could translate into 8 million lives saved by 2020. But the quintessential activist billionaire doesn?t stop there: Gates continues to persuade his peers to sign the ?Giving Pledge,? promising to give away half their wealth or more.

5.???????? Pope Benedict XVI?
Pope, Roman Catholic Church ??
Age: 85

How?s this for a job description? According to the doctrine of Papal Supremacy, the pope enjoys ?supreme, full, immediate, and universal power? over the souls of 1.2 billion Catholics around the world. They turn to the Vicar of Christ for the final word on life?s most personal decisions, including birth control, abortion, marriage and euthanasia. As the leader of Vatican City, he?s also a head of state. Of course, the pope faces dissent anyway?recently from ?radical feminist? American nuns.

6.???????? Ben Bernanke?
Chairman, U.S. Federal Reserve?
Age: 59

Big Ben has been on a buying spree: In a third round of quantitative easing, the Fed is now snapping up $40 billion a month of mortgage-backed securities and $45 billion of Treasurys. Result: modest economic recovery and a near-record $2.9 trillion on the Fed?s balance sheet. The American economy?s ?adult in the room? recently warned that there is only so much the Fed can do; politicians are the ones with the power to keep us from going over that fiscal cliff.

7.???????? Abdullah bin Abdul Aziz al Saud?
King, Saudi Arabia?
Age: 88

The absolute monarch of the desert kingdom controls 20 percent of the world?s known oil reserves and guards Islam?s holiest cities. The Arab Spring didn?t shake the ruling family?s control of the kingdom, but out-of-control youth unemployment remains a threat. Aging Abdullah lost his second heir apparent in two years when his brother, Crown Prince Nayef, died in June; he?s been replaced by another brother, 76-year-old Crown Prince Salman, the former governor of Riyadh.

8.???????? Mario Draghi
President, European Central Bank?
Age: 65

With the euro lurching constantly from crisis to crisis, the European Central Bank is more important than ever. As chief banker of the world?s largest -currency area?the euro zone?s collective GDP is now more than $17.4 trillion?Draghi faces the Herculean task of trying to maintain financial unity across 17 countries. But if anyone can wrangle the interests of nations as diverse as Germany and Greece, it might be the man who navigated the minefield of Italian politics so deftly, he earned himself a nickname: ?Super Mario.?

9.???????? Xi Jinping?
General Secretary, Communist Party of China?
Age: 59

The man who will lead China for the next decade was recently promoted to the Communist Party?s top position; Xi also took over as chairman of the Party?s Central Military Commission, putting him in control of the world?s largest army. His rise to power will be complete in March, when he takes over for Hu Jintao as president and head of state. Xi?s only half of a Chinese power couple: His wife, Peng Liyuan, is a superstar folk singer.

10.??????? David Cameron?
Prime Minister, United Kingdom?
Age: 46

Two years into office, the Tory PM has gone from being the called the second coming of Margaret Thatcher to standing in the shadow of Europe?s new Iron Lady, Angela Merkel. Cameron has rejected the German Chancellor?s call to increase the EU budget and threatened to veto anything but a spending freeze. At home he faces a sustained economic downturn, a disillusioned electorate and rumblings from his own party over Britain?s future.

More from Forbes

Source: http://www.nbcnews.com/business/worlds-most-powerful-people-1C7423106

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Tuesday, December 4, 2012

High court delays action on same-sex marriage cases

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday put off deciding whether to enter the legal fray over same-sex marriage - at least until Friday when it could agree to hear one of several pending appeals on the issue.

The court's nine justices met in private last Friday to consider whether to review challenges to the U.S. Defense of Marriage Act, which denies federal benefits to married same-sex couples, and to California's gay marriage ban, known as Proposition 8.

In an "orders list" issued early on Monday, the court made no mention of any of the same-sex marriage cases. Instead, it relisted those cases for further consideration at its weekly conference this Friday. The justices sometimes hold especially complex cases for a future conference if they want more time to consider a course of action.

The court could announce after its conference on Friday whether it will review one or more of the same-sex marriage appeals. The announcement could come on Friday or next Monday, or the court could again defer taking action.

Thirty-one of the 50 states have passed constitutional amendments banning gay marriage while Washington, D.C., and nine states have legalized it, three of them in November elections.

At issue is the 1996 Defense of Marriage Act, or DOMA, which only recognizes marriages between a man and a woman. Gay men and lesbians have challenged a part of the law that prevents them from receiving federal benefits that heterosexual couples receive.

Even in states where same-sex marriage is legal, the couples do not qualify for a host of federal benefits because of DOMA.

The court also is considering whether to review a challenge to California's ban on same-sex marriage. The California case, Hollingsworth v. Perry, had sought marriage equality for gays and lesbians under the U.S. Constitution.

The 9th Circuit Court of Appeals in February found the California gay marriage ban unconstitutional but it ruled narrowly in a way that only affected the one state and not the rest of the country, finding that the state could not take away the right to same-sex marriage after previously allowing it.

The justices meet at regular weekly sessions to decide which cases to add to their calendar. They vote in order of seniority, and while it takes five of the nine for a majority decision in a dispute, it takes only four votes to add a case to the agenda and schedule oral arguments.

(Reporting by Terry Baynes in Washington; Editing by Howard Goller and Bill Trott)

Source: http://news.yahoo.com/supreme-court-takes-no-action-same-sex-marriage-144144349.html

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Microsoft Office 2013 now available to businesses, wide release still set for Q1 2013

Microsoft Office 2013 now available to businesses, wide release still set for Q1 2013

Right on time, businesses with the inside track to Microsoft's account team and partner program can now snag the latest version of Redmond's content production software suite, Office 2013. What's that? You've got the hook up, but you were also hoping for Exchange Server 2013, Lync Server 2013, SharePoint Server 2013, Project 2013, and Vision 2013? You'll be happy to hear that those are also available today -- the already announced "first quarter 2013" release window for Office 2013 stands, when it'll become widely available both digitally and at direct retailers.

The big update to Office this time around comes in the form of Windows 8-style visuals and cloud-based saves using Microsoft's SkyDrive service. We've got a full hands-on right here if you'd like to learn more ahead of next year's big launch.

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Via: WinSupersite

Source: Microsoft

Source: http://www.engadget.com/2012/12/03/office-2013-rtm-live/

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Estate Planning is for all Investors | Millionaire Corner

Wealthy investors are more likely to worry about the legacy they leave to future generations, but no investor can afford to overlook the issues surrounding estate planning, according to financial experts.

?Many people wrongly assume that estate planning is only for the wealthy,? consumer advocate Eleanor Blayney said in a statement issued by the Certified Financial Planner Board of Standards, Inc. ?The reality, however, is that everyone needs a plan.?

Estate planning helps provide for dependent children, manage and distribute assets and direct health care, Blayney, a certified financial planner, said. Yet, Millionaire Corner research shows that only the wealthiest investors are likely to have discussed estate planning with a financial professional, or created an estate plan. Ninety-four percent of high net worth millionaires ? those with $5 million to $25 million in investable assets ? have created a will, compared to 72 percent of investors with $100,000 up to $1 million to invest.

The current uncertainty surrounding estate tax laws is prompting one-third of Millionaires to contact their attorneys to review their estate plans, according to our monthly survey for November. Non-millionaires are significantly less likely to address estate planning issues, despite a changing tax environment. Only 8 percent of investors with less than $100,000 in investable assets plan to re-evaluate their estate plans, according to our survey.

Regardless of wealth level, all investors should consider the legacy they want to leave others and take steps to protect their assets from probate fees and taxes, Blayney said. To start the process, she recommends:

1.?????? Define your estate. Inventory your financial assets, real property, and intangibles, such as a patent or copyright. What is their total financial value? How are the assets titled? Is their a beneficiary designation association with each asset?

2.?????? Who do you want to receive these assets in the event of your death? Are the intended beneficiares ready or able to manage these assets? Do you need a strategy to successfully transfer these assets?

3.?????? Consider using life and disability insurance to create an estate if you have nothing else to leave dependents. An irrevocable life insurance trust, or ILIT, can help shield the insurance payouts from taxes under current IRS rules.

Source: http://www.millionairecorner.com/article/estate-planning-all-investors

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Monday, December 3, 2012

How to Exclude Holiday Music from Your iTunes Genius Playlists

How to Exclude Holiday Music from Your iTunes Genius PlaylistsWith the holidays coming around, you might have your iTunes playlist packed full of a ton of holiday music, but that doesn't mean you want those holiday tracks sneaking into the rest of your playlists. Macworld shows off how to keep "Santa Claus Is Coming to Town" out of the rest of your mixes.

The first thing you need to do is create a holiday playlist by clicking, File > New > Smart Playlist and creating a playlist with the genre tag, "holiday" (if you've already made a mix of all your holiday music you can skip this step). This creates a holiday playlist. Now, simply hold down the Command key, and click the checkbox next to one of the songs. This will uncheck them all, and disable them from appearing in Genius Playlists in the future so your holiday songs won't creep into your other mixes. Head over to Macworld for the full guide.

How to exclude holiday tracks from genius playlists | Macworld

Source: http://feeds.gawker.com/~r/lifehacker/full/~3/IapsAPya_u8/how-to-exclude-holiday-tracks-from-your-itunes-genius-playlists

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Marisa Miller: Embrace Your Body (and Your Bump!)

"My sister said to me, 'You're eating healthy and you're working out, so whatever your body gains, it knows what it's doing,'" she explains.

Source: http://feeds.celebritybabies.com/~r/celebrity-babies/~3/zJ1KTorg_xY/

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Pfc. Manning's trial delayed in WikiLeaks case

(AP) ? The trial of an Army private charged with sending U.S. secrets to the website WikiLeaks is being pushed back from February to March.

Military judge Col. Denise Lind announced the change Sunday at a pretrial hearing at Fort Meade for Pfc. Bradley Manning.

Manning's trial was set to begin Feb. 4. But Lind says pretrial proceedings will push the start date back to either March 8 or March 16.

The hearing is to determine whether the highly restrictive conditions Manning experienced for nine months were justified. The defense claims the restrictions were so punishing that the case should be dismissed.

Two psychiatrists have testified that the brig commander kept Manning tightly confined despite their recommendations to ease them.

The 24-year-old is charged with 22 offenses, including aiding the enemy. He could get life in prison.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2012-12-02-Manning-WikiLeaks/id-81f79413e1454be2bce5987bc015c72d

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