воскресенье, 26 февраля 2012 г.

XS, Inc. Secures $20 Million For Acceleration of Agriculture E-commerce Site; Morgan Stanley Dean Witter Private Equity Provides Financing.

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Nov. 18, 1999--

XS, Inc., parent company of XSAg.com, an e-commerce exchange site for trading agricultural products, today announced that it has entered into definitive agreements with Morgan Stanley Dean Witter Private Equity for a $20 million round of financing to fund the rapid expansion of the company. Launched in January, XSAg.com is expected to process $100 million in transactions next year.

"The agricultural industry recognizes the need to have an efficient market for production inputs," said XS, Inc. founder and Chief Executive Officer Fulton Breen. Morgan Stanley Dean Witter Venture Partners ("MSDW Venture Partners") is the lead investor of the $20 million in venture capital being provided to XS.

"We're extremely pleased to be backing XS, Inc.," said Guy de Chazal, Managing Director of MSDW Venture Partners. "As Internet-based business-to-business e-commerce has become a reality, Morgan Stanley Dean Witter Private Equity is investing in companies that are leading this revolution in their respective industries. We are confident that XS will become the e-commerce leader for the American farmer's purchases of agricultural products."

XSAg.com has experienced dramatic growth through the summer and fall. It has expanded from facilitating agricultural chemical transactions to include seeds, and will soon be offering equipment and parts, fertilizer and veterinary products. XSAg.com simplifies the buying and selling process by enabling manufacturers, distributors, dealers and growers to conduct secure transactions on its site in total anonymity throughout the entire process. Transaction sizes have ranged from $2,000 to $150,000.

Proceeds of Financing To Fund Site Expansion, Marketing

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The majority of the $20 million will be invested in the continued evolution and expansion of the Company's virtual marketplace, and accelerating awareness, understanding and enthusiasm for XSAg.com among the 350,000 targeted American producers and distribution channel members.

Marketing plans include advertising, direct marketing and public relations campaigns that deliver the company's strategic positioning to its core audiences. "We must effectively communicate to the American farmer that XSAg.com is much more than the simple site facilitating the buying and selling of agricultural inputs. The American agricultural industry is increasingly being threatened by lower cost producers of commodities. Just as an exchange floor has brought about efficient global trading of these commodities, XSAg.com allows users to put our exchange floor to work for them buying or selling agricultural inputs," Mr. Breen explained.

"By using the efficient trading floor model, growers can take control of their costs and by extension, their lifestyle. The grower is much more motivated than a corporate purchasing agent to adopt Internet technology to save money. The grower is the CEO of his company. He's experiencing depressed crop prices, he understands the auction model and he must cut costs to stay in business," he said.

Morgan Stanley Dean Witter Venture Partners is part of the private equity business of Morgan Stanley Dean Witter (NYSE: MWD), a preeminent global financial services firm. Since its inception 15 years ago, Venture Partners has invested over $450 million in more than 90 companies in the United States. Venture Partners manages a group of funds that invest in emerging growth companies within the information technology and healthcare industries primarily in the United States.

Morgan Stanley Dean Witter Capital Partners

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Morgan Stanley Dean Witter Capital Partners is part of the private equity business of Morgan Stanley Dean Witter (NYSE: MWD), a preeminent global financial services firm. Since its inception 15 years ago, Capital Partners has invested over $3 billion of equity investments in more than 60 companies around the world. Capital Partners manages a group of funds that invest in companies operating in a broad range of industries including telecommunications, financial services, healthcare, technology, energy and chemicals on a global basis.

XS, Inc.

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Using proprietary software, XSAg.com provides a secure auction site for manufacturers, distributors and dealers to sell chemicals, seeds and other agricultural products to farmers across the nation at discounts of up to 30 percent or more. XSAg.com acts as a neutral market maker - bringing buyers and sellers together - and provides a seamless e-commerce fulfillment operation, including discounted freight, credit facilities and transfer of funds. For information regarding the corporation visit www.xsinc.com.

3G to Propel Smartphones' Share in Czech Republic, Pyramid Finds.(Report)

In 2010, smartphones' share of new handsets sold was 16 percent, but this proportion will grow to 51 percent by 2015 as operators in the Czech Republic continue to widen their devices portfolio and offer attractive device subsidies, according to a new report from Pyramid Research (www.pyr.com).

Czech Republic: Mobile Data and Mobile Broadband Pull Market Out of Nosedive offers a precise profile of the country's telecommunications, media and technology sectors based on proprietary data from Pyramid's research in the market. It provides detailed competitive analysis of both the fixed and mobile sectors, tracks the market shares of technologies and services and monitors the introduction and spread of new technologies.

Download an excerpt or purchase the report here: http://www.pyramidresearch.com/store/CIRCZECHREPUBLIC.htm?sc=PRN060211_CIRCZH

Despite a declining year in the telecom market in 2010, Pyramid expects telecom service revenue to grow at a CAGR of 1.4 percent. "The data segments of both the mobile and fixed markets will show the strongest growth in the forecast period, increasing its share of the revenue pie," says Sylwia Boguszewska, Analyst at Pyramid. "Pyramid expects mobile data, in particular mobile broadband, to offer an eye-catching revenue potential and generate a cumulative revenue of Kc145.8 billion ($7.4 billion) and Kc47.4 billion ($2.4 billion), respectively, over the forecast period," she adds. This growth will be driven by operator initiatives to provide hardware and software to clients at a minimal cost.

Pyramid expects 3G subscriptions to almost double in the forecast period, driven by operator investment in extending 3G coverage for the Czech population. Currently, Vodafone covers 48 percent, T-Mobile covers 45 percent, and Telefonica covers 43 percent of the population. "The operators also decided to join forces and signed network-sharing agreements" says Boguszewska. "In February 2011, T-Mobile and Telefonica O2 signed a 3G network-sharing agreement for the provision of high-speed mobile Internet to areas without broadband coverage," she adds. "Mobile operators should monetize their investments in their network upgrades to take advantage of the boost in smartphone adoption and deliver relevant services and applications to encourage data usage," indicates Boguszewska.

Czech Republic: Mobile Data and Mobile Broadband Pull Market Out of Nosedive is part of Pyramid Research's Europe Country Intelligence Report Series and is priced at $990. Download the excerpt or purchase the report here: http://www.pyramidresearch.com/store/CIRCZECHREPUBLIC.htm?sc=PRN060211_CIRCZH.

Keywords: Electronics, Mobile Broadband, Networks, Pyramid Research, Software, Technology, Telecommunications.

This article was prepared by Telecommunications Business editors from staff and other reports. Copyright 2011, Telecommunications Business via VerticalNews.com.

Out-of-State Customers Bring Increased Risk.(OpEd)

Byline: Laura Marquez-Garrett, Attorney, Foster Pepper PLLC

As state regulators push to expand the reach of their consumer protection laws, financial service providers who do business with customers from other states face increasing risk. This holds true even when a transaction actually takes place in the state where the company is based.

Consider the following scenarios:

Example one - Resident of State A travels to State B and gets a consumer loan. Should the company providing the loan be subject to regulation in State A, even though the transaction took place in State B?

Example two - Resident of State A obtains consumer financial services from a company in State B via the Internet. The company is licensed by State B to provide the services, but is not licensed by State A. Should State A be allowed to regulate the transaction according to its own laws?

For financial service providers targeted by regulators from other states, there are several key issues to bear in mind.

First, don't assume that another state can take legal action. Regulators are quick to assert personal jurisdiction over out-of-state entities and their principals, but this type of jurisdiction is not a creature of state statutes. There is a due process requirement in the Fourteenth Amendment.

Similarly, even if a case for jurisdiction can be made against a company, don't assume that the same holds true for its owners, shareholders or employees. There is ample authority for the proposition that jurisdiction over an individual cannot be based solely on jurisdiction over a company.

In cases where a consumer physically travels to another state, a company and its principals may have particularly strong jurisdiction defenses.

Second, don't assume that subject matter jurisdiction exists. Does the statute being cited authorize out-of-state regulation? Or, instead, is it replete with references to state courts and certain location requirements, such that interpreting it to apply to out-of-state entities might render the statute, as a whole, nonsensical?

Washington state regulators, for example, sometimes rely on the Check Cashers and Sellers Act. Yet many of its provisions appear to contain explicit and implicit in-state limitations.

Some states have taken steps to address potential shortcomings in their laws, which, in current form, are often incapable of addressing the realities of multistate Internet transactions. In the absence of recent and relevant amendments, state statutes should be scrutinized closely.

Third, consider whether constitutional concerns regarding the regulation of interstate commerce are implicated. These issues were recently considered by the Tenth Circuit in Quik Payday Inc. v. Stork and the Seventh Circuit in Midwest Title Loans v. Mills.

Both cases involved amendments to the state Uniform Consumer Credit Codes. The amendments purported to expand the ability of state regulators to reach lenders in other states by redefining what it means for a loan to be made "in" a state.

In the case of Quik Payday, the Tenth Circuit determined that Kansas regulators could require companies transacting with state residents over the Internet to obtain a Kansas license. But the court expressly declined to address the issue of ongoing regulation, including interest rates, repayment schedules, and loan renewals.

With Midwest Title, the Seventh Circuit determined that state laws could not be imposed on commerce occurring wholly outside of Indiana.

Be careful about drawing any conclusions, though. While useful for framing potential concerns, both decisions were fact-specific and there is still considerable room for debate.

These are just some of the first lines of defense to consider when regulators cross state boundaries. Early consideration is critical to enable strong bargaining positions from the start.

Lastly, and as regulators are all too well aware, defending against enforcement attempts-regardless of the strength of those defenses-can result in costs exceeding settlement. Accordingly, open dialogue is key to a cost-efficient resolution.

Google Buzz Settlement: Privacy Audits For 20 Years.(Reprint)

Reprinted with permission from FindLaw.com

Google has entered into a settlement with the Federal Trade Commission (FTC) to address perceived privacy violations relating to the social network, Google Buzz.

The Google Buzz settlement requires Google to implement a comprehensive privacy program and to be subject to independent privacy audits for the next 20 years.

Why could this end up being a big deal?

Google found itself in the cross-hairs of the FTC with respect to alleged deceptive tactics and violations of Google's privacy practices having to do with Google Buzz.

According to the FTC, Google had given its Gmail email users the impression that they could choose if they wanted to join the network, while the options for declining Buzz actually were ineffective.

In addition, the FTC asserted that Google's controls for limiting the sharing of personal information were confusing and difficult to implement. For example, Buzz contained a feature that allowed it to publicly list a user's frequent email contacts; while this feature could be turned off, the default setting was to leave it on.

The Google Buzz settlement does serve notice to other companies that the FTC is watching and checking to ascertain whether privacy promises in policies actually are adhered to in practice.

However, the penalty as to Google is not too severe. Yes. Google needs to develop a comprehensive privacy policy, and it will be subject to independent privacy auditing for 20 years. But it is in Google's best interests anyway to have sound privacy policies and practices.

Creating an atmosphere of security and safety for the personal information of customers equates to good business. Users will tend to gravitate over time to places on the Internet where they know that their private information will not be compromised.

The views expressed in this column are those of the author and do not necessarily reflect the views of the author's law firm or its individual partners.

This article is for general information and does not include full legal analysis of the matters presented. It should not be construed or relied upon as legal advice or legal opinion on any specific facts or circumstances. The description of the results of any specific case or transaction contained herein does not mean or suggest that similar results can or could be obtained in any other matter. Each legal matter should be considered to be unique and subject to varying results. The invitation to contact the authors or attorneys in our firm is not a solicitation to provide professional services and should not be construed as a statement as to any availability to perform legal services in any jurisdiction in which such attorney is not permitted to practice.

Duane Morris LLP, a full-service law firm with more than 700 attorneys in 24 offices in the United States and internationally, offers innovative solutions to the legal and business challenges presented by today's evolving global markets. Duane Morris LLP, a full-service law firm with more than 700 attorneys in 24 offices in the United States and internationally, offers innovative solutions to the legal and business challenges presented by today's evolving global markets. The Duane Morris Institute provides training workshops for HR professionals, in-house counsel, benefits administrators and senior managers.

Mr Eric Sinrod

Duane Morris LLP

30 South 17th Street

Philadelphia

19103-4196

UNITED STATES

E-mail: solutions@duanemorris.com

URL: www.duanemorris.com

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(c) Mondaq Ltd, 2011 - Tel. +44 (0)20 8544 8300 - http://www.mondaq.com

суббота, 25 февраля 2012 г.

Internet Marketing Guru Jeff Johnson Offers Free Internet Marketing Training.

Internet marketing expert Jeff Johnson is about to open the doors to his brand new Super Affiliate Coaching Club. To support the launch of his new coaching club, Jeff Johnson has released a series of free internet marketing training videos.

Anyone can have access to these training videos and there is absolutely no cost. But there is a catch: the doors to Jeff Johnson's Super Affiliate Coaching Club will open on Wednesday, March 30, 2011. And as soon as the doors to this private coaching club open, the free internet marketing training videos will come down.

Each of the 6 training videos last from 30 to 40 minutes in length. One of the videos is a presentation on "Market Research" It is the exact presentation that Jeff Johnson gave to his private clients as part of his $2000 Traffic Voodoo membership program. The presentation is 25 minutes in length and it details "The Jeff Johnson Way" of doing Market Research.

According to Mr. Johnson, "Both newbie and advanced marketers have to do market research before they can a market a product as an affiliate, or before they market their own products" Jeff Johnson believe that Market Research is 'The' critical component that most marketers get wrong. But after watching this 25 minute Market Research presentation, both new and advanced marketers will have a much better understanding of the profit potential of every market they are targeting.

As part of the free training, Mr. Johnson reveals what he calls his "Traffic Getting Blog Blueprint" Jeff Johnson has become a master at generating free traffic with blogs and in this video he will reveal how he does it, step-by-step.

In this free internet marketing training Jeff Johnson also includes a section of how to generate free traffic and leads by using Youtube as part of a marketing arsenal. As with the other video tutorials, Mr. Johnson goes into step-by-step detail.

As mentioned above, this is a very limited opportunity. There is no cost to watch the videos, but they will be coming down very soon.

To get more information on how to immediately access Jeff Johnson's Free Internet Marketing Training Videos, visit www.webbusinessresearch.com

Related LinksWeb Business Research, Strategies & Case Studies.

Keywords: Advertising, Internet, Marketing, Multimedia, Online.

This article was prepared by Marketing Weekly News editors from staff and other reports. Copyright 2011, Marketing Weekly News via VerticalNews.com.

HUD MAKES $35 MILLION AVAILABLE TO HOUSING AUTHORITIES TO CREATE NEW EDUCATIONAL, JOB TRAINING FACILITIES FOR RESIDENTS NEW PROGRAM ILLUSTRATES OBAMA ADMINISTRATION'S COMMITMENT TO EDUCATION REFORM.

WASHINGTON -- The following information was released by the U.S. Department of Housing and Urban Development:

The U.S. Department of Housing and Urban Development (HUD) announced today that it is offering $35 million to public housing authorities to develop facilities that will provide early childhood and adult education, and/or job training programs for public housing residents. The new Capital Fund Education and Training Community Facilities Program (CFCF) further illustrates the Obama Administration's commitment to link affordable housing with education reform and early childhood education. The Notice of Funding for CFCF was posted on Grants.gov today here.

"Education offers a path to a better life," said HUD Secretary Shaun Donovan. "This new program will provide public housing authorities the necessary resources to give their residents educational and enrichment opportunities that will open doors to boundless opportunities."

Housing authorities have until January 14, 2011, to apply for CFCF funding to construct new facilities, rehabilitate existing structures or purchase facilities that will provide early childhood and adult education, and/or job training programs for public housing residents based on an identified need. The funding can also be used to revitalize an existing community center that will offer comprehensive integrated services to help public housing residents achieve better educational and economic outcomes resulting in long-term economic self-sufficiency. While use of the facility is primarily for public housing residents, families in the community may utilize and benefit from the new centers and their resources.

The maximum grant award is $5 million. Applicants must "leverage" or have financial commitments of at least five percent of the grant amount and identify at least one education or training supportive service provider, such as a community college, that will partner with the housing authority to provide the services required. Agencies that are awarded funding are given four years to have an operating facility.

CFCF, which is being funded though a special set-aside from HUD's Capital Fund Program, adds to the Obama Administration's commitment to including educational components to its housing programs. Both the Choice Neighborhoods (CN) and HOPE VI Revitalization Programs, that are currently taking applications, require providing early childhood educational opportunities a priority.

The Choice Neighborhoods initiative aligns quality educational opportunities with community development resources for long-term, economically viable neighborhood transformation. Now in its pilot year, the competitive program will award up to $65 million to public housing authorities, local governments, nonprofit organizations, and for profit developers that apply jointly with a public entity to extend neighborhood transformation efforts beyond public and/or assisted housing, to link housing revitalization with education reform and early childhood education. CN builds on the success of the HOPE VI Revitalization Program that has for nearly 20 years transformed neighborhoods with distressed public housing into revitalized mixed-income communities.

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HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination; and transform the way HUD does business. More information about HUD and its programs is available on the Internet at www.hud.gov and espanol.hud.gov.

In praise of cultural imperialism? (effects of globalization on culture)

The gates of the world are groaning shut. From marble balconies and over the airwaves, demagogues decry new risks to ancient cultures and traditional values. Satellites, the Internet, and jumbo jets carry the contagion. To many people, "foreign" has become a synonym for "danger."

Of course, now is not the first time in history that chants and anthems of nationalism have been heard. But the tide of nationalism sweeping the world today is unique. For it comes in reaction to a countervailing global alternative that - for the first time in history - is clearly something more than the crackpot dream of visionaries. It is also the first time in history that virtually every individual at every level of society can sense the impact of international changes. They can see and hear it in their media, taste it in their food, and sense it in the products that they buy. Even more visceral and threatening to those who fear these changes is the growth of a global labor pool that during the next decade will absorb nearly 2 billion workers from emerging markets, a pool that currently includes close to 1 billion unemployed and under-employed workers in those markets alone. These people will be working for a fraction of what their counterparts in developed nations earn and will be only marginally less productive. You are either someone who is threatened by this change or someone who will profit from it, but it is almost impossible to conceive of a significant group that will remain untouched by it.

Globalization has economic roots and political consequences, but it also has brought into focus the power of culture in this global environment - the power to bind and to divide in a time when the tensions between integration and separation tug at every issue that is relevant to international relations.

The impact of globalization on culture and the impact of culture on globalization merit discussion. The homogenizing influences of globalization that are most often condemned by the new nationalists and by cultural romanticists are actually positive; globalization promotes integration and the removal not only of cultural barriers but of many of the negative dimensions of culture. Globalization is a vital step toward both a more stable world and better lives for the people in it.

Furthermore, these issues have serious implications for American foreign policy. For the United States, a central objective of an Information Age foreign policy must be to win the battle of the world's information flows, dominating the airwaves as Great Britain once ruled the seas.

CULTURE AND CONFLICT

Culture is not static; it grows out of a systematically encouraged reverence for selected customs and habits. Indeed, Webster's Third New International Dictionary defines culture as the "total pattern of human behavior and its products embodied in speech, action, and artifacts and dependent upon man's capacity for learning and transmitting knowledge to succeeding generations." Language, religion, political and legal systems, and social customs are the legacies of victors and marketers and reflect the judgment of the marketplace of ideas throughout popular history. They might also rightly be seen as living artifacts, bits and pieces carried forward through the years on currents of indoctrination, popular acceptance, and unthinking adherence to old ways. Culture is used by the organizers of society - politicians, theologians, academics, and families - to impose and ensure order, the rudiments of which change over time as need dictates. It is less often acknowledged as the means of justifying inhumanity and warfare. Nonetheless, even a casual examination of the history of conflict explains well why Samuel Huntington, in his The Clash of Civilizations, expects conflict along cultural fault lines, which is precisely where conflict so often erupts. Even worse is that cultural differences are often sanctified by their links to the mystical roots of culture, be they spiritual or historical. Consequently, a threat to one's culture becomes a threat to one's God or one's ancestors and, therefore, to one's core identity. This inflammatory formula has been used to justify many of humanity's worst acts.

Cultural conflicts can be placed into three broad categories: religious warfare, ethnic conflict, and conflict between "cultural cousins," which amounts to historical animosity between cultures that may be similar in some respects but still have significant differences that have been used to justify conflict over issues of proximity, such as resource demands or simple greed.

Religion-based conflicts occur between Christians and Muslims, Christians and Jews, Muslims and Jews, Hindus and Muslims, Sufis and Sunis, Protestants and Catholics, and so forth. Cultural conflicts that spring from ethnic (and in some cases religious) differences include those between Chinese and Vietnamese, Chinese and Japanese, Chinese and Malays, Normans and Saxons, Slavs and Turks, Armenians and Azerbaijanis, Armenians and Turks, Turks and Greeks, Russians and Chechens, Serbs and Bosnians, Hutus and Tutsis, blacks and Afrikaners, blacks and whites, and Persians and Arabs. Conflicts between "cultural cousins" over resources or territory have occurred between Britain and France, France and Germany, Libya and Egypt, and many others.

Another category that might be included in our taxonomy is quasi-cultural conflict. This conflict is primarily ideological and is not deeply enough rooted in tradition to fit within standard definitions of culture, yet it still exhibits most if not all of the characteristics of other cultural clashes. The best example here is the Cold War itself, a conflict between political cultures that was portrayed by its combatants in broader cultural terms: "godless communists" versus "corrupt capitalists." During this conflict, differences regarding the role of the individual within the state and over the distribution of income produced a "clash of civilizations" that had a relatively recent origin.

Finally, as a reminder of the toll that such conflicts take, one need only look at the 20th century's genocides. In each one, leaders used culture to fuel the passions of their armies and other minions and to justify their actions among their people. One million Armenians; tens of millions of Russians; 10 million Jews, Gypsies, and homosexuals; 3 million Cambodians; and hundreds of thousands of Bosnians, Rwandans, and Timorese all were the victims of "culture" - whether it was ethnic, religious, ideological, tribal, or nationalistic in its origins. To be sure, they fell victim to other agendas as well. But the provocative elements of culture were to these accompanying agendas as Joseph Goebbels was to Adolf Hitler - an enabler and perhaps the most insidious accomplice. Historians can, of course, find examples from across the ages of "superior" cultures eradicating "inferior" opponents - in the American West, among the native tribes of the Americas and Africa, during the Inquisition, and during the expansion of virtually every empire.

SATELLITES AS CULTURAL DEATH STARS

Critics of globalization argue that the process will lead to a stripping away of identity and a blandly uniform, Orwellian world. On a planet of 6 billion people, this is, of course, an impossibility. More importantly, the decline of cultural distinctions may be a measure of the progress of civilization, a tangible sign of enhanced communications and understanding. Successful multicultural societies, be they nations, federations, or other conglomerations of closely interrelated states, discern those aspects of culture that do not threaten union, stability, or prosperity (such as food, holidays, rituals, and music) and allow them to flourish. But they counteract or eradicate the more subversive elements of culture (exclusionary aspects of religion, language, and political/ideological beliefs). History shows that bridging cultural gaps successfully and serving as a home to diverse peoples requires certain social structures, laws, and institutions that transcend culture. Furthermore, the history of a number of ongoing experiments in multiculturalism, such as in the European Union, India, South Africa, and the United States, suggests that workable, if not perfected, integrative models exist. Each is built on the idea that tolerance is crucial to social well-being, and each at times has been threatened by both intolerance and a heightened emphasis on cultural distinctions. The greater public good warrants eliminating those cultural characteristics that promote conflict or prevent harmony, even as less-divisive, more personally observed cultural distinctions are celebrated and preserved.

The realization of such integrative models on a global scale is impossible in the near term. It will take centuries. Nor can it be achieved purely through rational decisions geared toward implementing carefully considered policies and programs. Rather, current trends that fall under the broad definitional umbrella of "globalization" are accelerating a process that has taken place throughout history as discrete groups have become familiar with one another, allied, and commingled - ultimately becoming more alike. Inevitably, the United States has taken the lead in this transformation; it is the "indispensable nation" in the management of global affairs and the leading producer of information products and services in these, the early years of the Information Age.

The drivers of today's rapid globalization are improving methods and systems of international transportation, devising revolutionary and innovative information technologies and services, and dominating the international commerce in services and ideas. Their impact affects lifestyles, religion, language, and every other component of culture.

Much has been written about the role of information technologies and services in this process. Today, 15 major U.S. telecommunications companies, including giants like Motorola, Loral Space & Communications, and Teledesic (a joint project of Microsoft's Bill Gates and cellular pioneer Craig McCaw), offer competing plans that will encircle the globe with a constellation of satellites and will enable anyone anywhere to communicate instantly with anyone elsewhere without an established telecommunications infrastructure on the ground near either the sender or the recipient. (Loral puts the cost of such a call at around $3 per minute.)

Technology is not only transforming the world; it is creating its own metaphors as well. Satellites carrying television signals now enable people on opposite sides of the globe to be exposed regularly to a wide range of cultural stimuli. Russian viewers are hooked on Latin soap operas, and Middle Eastern leaders have cited CNN as a prime source for even local news. The Internet is an increasingly global phenomenon with active development under way on every continent.

The United States dominates this global traffic in information and ideas. American music, American movies, American television, and American software are so dominant, so sought after, and so visible that they are now available literally everywhere on the Earth. They influence the tastes, lives, and aspirations of virtually every nation. In some, they are viewed as corrupting.

France and Canada have both passed laws to prohibit the satellite dissemination of foreign - meaning American - content across their borders and into the homes of their citizens. Not surprisingly, in many other countries fundamentalist Iran, communist China, and the closely managed society of Singapore - central governments have aggressively sought to restrict the software and programming that reach their citizens. Their explicit objective is to keep out American and other alien political views, mores, and, as it is called in some parts of the Middle East, "news pollution." In these countries, the control of new media that give previously closed or controlled societies virtually unlimited access to the outside world is a high priority. Singapore has sought to filter out certain things that are available over the Internet - essentially processing all information to eliminate pornography. China has set up a "Central Leading Group" under the State Planning Commission and the direct supervision of a vice premier to establish a similar system that will exclude more than just what might be considered obscene.

These governments are the heirs of King Canute, the infamous monarch who set his throne at the sea's edge and commanded the waves to go backward. The Soviet Union fell in part because a closed society cannot compete in the Information Age. These countries will fare no better. They need look no further than their own elites to know this. In China, while satellite dishes are technically against the law, approximately one in five citizens of Beijing has access to television programming via a dish, and almost half of the people of Guangzhou have access to satellite-delivered programming. Singapore, the leading entrepot of Southeast Asia, is a hub in a global network of business centers in which the lives of the elites are virtually identical. Business leaders in Buenos Aires, Frankfurt, Hong Kong, Johannesburg, Istanbul, Los Angeles, Mexico City, Moscow, New Delhi, New York, Paris, Rome, Santiago, Seoul, Singapore, Tel Aviv, and Tokyo all read the same newspapers, wear the same suits, drive the same cars, eat the same food, fly the same airlines, stay in the same hotels, and listen to the same music. While the people of their countries remain divided by culture, they have realized that to compete in the global marketplace they must conform to the culture of that marketplace.

The global marketplace is being institutionalized through the creation of a series of multilateral entities that establish common rules for international commerce. If capital is to flow freely, disclosure rules must be the same, settlement procedures consistent, and redress transparent. If goods are also to move unimpeded, tariff laws must be consistent, customs standards harmonized, and product safety and labeling standards brought into line. And if people are to move easily from deal to deal, air transport agreements need to be established, immigration controls standardized, and commercial laws harmonized. In many ways, business is the primary engine driving globalization, but it would be a mistake to conclude that the implications of globalization will be limited primarily to the commercial arena.

In politics, for example, as international organizations arise to coordinate policy among many nations on global issues such as trade, the environment, health, development, and crisis management, a community of international bureaucrats is emerging. These players are as comfortable operating in the international environment as they would be at home, and the organizations that they represent in effect establish global standards and expectations - facilitating the progress of globalization.

The community of nations increasingly accepts that such supranational entities are demanded by the exigencies of the times; with that acceptance also comes a recognition that the principal symbol of national identity - namely sovereignty - must be partially ceded to those entities. The United States in particular seems to have problems with this trend. For example, the United States was involved in creating the World Trade Organization and now undermines its effectiveness by arbitrarily withdrawing from its efforts to blunt the effects of the Helms-Burton act. Still, the recognition that sometimes there are interests greater than national interests is a crucial step on the path to a more peaceful, prosperous world.

TOWARD A GLOBAL CULTURE

It is in the general interest of the United States to encourage the development of a world in which the fault lines separating nations are bridged by shared interests. And it is in the economic and political interests of the United States to ensure that if the world is moving toward a common language, it be English; that if the world is moving toward common telecommunications, safety, and quality standards, they be American; that if the world is becoming linked by television, radio, and music, the programming be American; and that if common values are being developed, they be values with which Americans are comfortable.

These are not simply idle aspirations. English is linking the world. American information technologies and services are at the cutting edge of those that are enabling globalization. Access to the largest economy in the world - America's - is the primary carrot leading other nations to open their markets.

Indeed, just as the United States is the world's sole remaining military superpower, so is it the world's only information superpower. While Japan has become quite competitive in the manufacture of components integral to information systems, it has had a negligible impact as a manufacturer of software or as a force behind the technological revolution. Europe has failed on both fronts. Consequently, the United States holds a position of advantage at the moment and for the foreseeable future.

Some find the idea that Americans would systematically seek to promote their culture to be unattractive. They are concerned that it implies a sense of superiority on Americans' part or that it makes an uncomfortable value judgment. But the realpolitik of the Information Age is that setting technological standards, defining software standards, producing the most popular information products, and leading in the related development of the global trade in services are as essential to the well-being of any would-be leader as once were the resources needed to support empire or industry.

The economic stakes are immense considering the enormous investments that will be made over the next 10 years in the world's information infrastructure. The U.S. government estimates that telecommunications investment in Latin America alone during this period will top $150 billion. China will spend a similar amount, as will the member states of the Association of South East Asian Nations. In fact, the market for telecommunications services is expected to top $1 trillion by the turn of the century.

During the decade ahead, not only will enormous sums be directed toward the establishment of the global network of networks that the Clinton administration has dubbed the "Global Information Infrastructure," but those sums will pay for the foundations of a system that will dictate decades of future choices about upgrades, systems standards, software purchases, and services. At the same time, new national and international laws will be written, and they will determine how smoothly information products and services may flow from one market to another. Will steps be taken to ensure that Internet commerce remains truly free? What decisions will be made about the encryption of data that will impact not only the security of information markets but the free flow of ideas and the rights of individuals in the Information Age? Will governments allow the democratizing promise of the Internet to enable virtually anyone with a computer to contact anyone else?

The establishment of the Global Information Infrastructure is not just an enormous commercial opportunity for the world's information leader. The development of the rules governing that infrastructure will shape the nature of global politics decisively, either enhancing or undermining freedoms, thereby either speeding or slowing the pace of integration, understanding, and tolerance worldwide. The nature of individual and national relations will be transformed. Those wires and constellations of satellites and invisible beams of electronic signals crisscrossing the globe will literally form the fabric of future civilization.

Consequently, it could not be more strategically crucial that the United States do whatever is in its power to shape the development of that infrastructure, the rules governing it, and the information traversing it. Moreover, even if much of this process of developing what we might call the "infosphere" is left to the marketplace (as it should be), governments will control crucial elements of it. Governments will award many of the biggest infrastructure development contracts offered in the next decade: Some will assist their national companies in trying to win those contracts, and state officials will meet to decide the trade rules that will govern international traffic in the world's telecommunications markets, the global regulatory environment, encryption standards, privacy standards, intellectual property protections, and basic equipment standards. Governments will determine whether these are open or closed markets and what portion of development dollars will be targeted at bringing the benefits of these technologies to the poor to help counteract information inequities. Already some government intercessions into this marketplace have failed. Notably, Japan's efforts to shape the development of high-definition television standards sent that nation down an analog path in what turned out to be a digital race. Yet there are many places where there is an important role for governments and where the United States should have a carefully considered overarching policy and an aggressive stance to match.

EXPORTING THE AMERICAN MODEL

Many observers contend that it is distasteful to use the opportunities created by the global information revolution to promote American culture over others, but that kind of relativism is as dangerous as it is wrong. American culture is fundamentally different from indigenous cultures in so many other locales. American culture is an amalgam of influences and approaches from around the world. It is melded - consciously in many cases - into a social medium that allows individual freedoms and cultures to thrive. Recognizing this, Americans should not shy away from doing that which is so clearly in their economic, political, and security interests - and so clearly in the interests of the world at large. The United States should not hesitate to promote its values. In an effort to be polite or politic, Americans should not deny the fact that of all the nations in the history of the world, theirs is the most just, the most tolerant, the most willing to constantly reassess and improve itself, and the best model for the future. At the same time, Americans should not fall under the spell of those like Singapore's Lee Kuan Yew and Malaysia's Mahathir bin-Mohamad, who argue that there is "an Asian way," one that non-Asians should not judge and that should be allowed to dictate the course of events for all those operating in that comer of the world. This argument amounts to self-interested political rhetoric. Good and evil, better and worse coexist in this world. There are absolutes, and there are political, economic, and moral costs associated with failing to recognize this fact.

Repression is not defensible whether the tradition from which it springs is Confucian, Judeo-Christian, or Zoroastrian. The repressed individual still suffers, as does society, and there are consequences for the global community. Real costs accrue in terms of constrained human creativity, delayed market development, the diversion of assets to enforce repression, the failure of repressive societies to adapt well to the rapidly changing global environment, and the dislocations, struggles, and instability that result from these and other factors. Americans should promote their vision for the world, because failing to do so or taking a "live and let live" stance is ceding the process to the not-always-beneficial actions of others. Using the tools of the Information Age to do so is perhaps the most peaceful and powerful means of advancing American interests.

If Americans now live in a world in which ideas can be effectively exported and media delivery systems are powerful, they must recognize that the nature of those ideas and the control of those systems are matters with which they should be deeply concerned. Is it a threat to U.S. interests, to regional peace, to American markets, and to the United States's ability to lead if foreign leaders adopt models that promote separatism and the cultural fault lines that threaten stability? It certainly is. Relativism is a veil behind which those who shun scrutiny can hide. Whether Americans accept all the arguments of Huntington or not, they must recognize that the greater the cultural value gaps in the world, the more likely it is that conflict will ensue. The critical prerequisite for gaining the optimum benefits of global integration is to understand which cultural attributes can and should be tolerated - and, indeed, promoted - and which are the fissures that will become fault lines.

It is also crucial that the United States recognize its limitations. Americans can have more influence than others, but they cannot assure every outcome. Rather, the concerted effort to shape the development of the Global Information Infrastructure and the ideas that flow within it should be seen merely as a single component of a well-rounded foreign and security policy. (And since it is not likely to be an initiative that is widely liked or admired or enhanced through explicit promotion, it is not an approach that should be part of American public diplomacy efforts.)

Of course, implementing such an approach is not going to be easy in an America that is wracked by the reaction to and the backlash against globalization. Today, the extreme left and right wings of both major political parties are united in a new isolationist alliance. This alliance has put the brakes on 60 years of expanding free trade, has focused on the threats rather than the promise posed by such critical new relationships as those with China and other key emerging markets, and has seized on every available opportunity to disengage from the world or to undermine U.S. abilities to engage or lead effectively. It will take a committed effort by the president and cooperation from leaders on Capitol Hill to overcome the political opposition of the economic nationalists and neoisolationists. It will not happen if those in leadership positions aim simply to take the path of least political resistance or to rest on the accomplishments of the recent past. In a time of partisan bickering, when the emphasis of top officials has shifted from governing to politicking, there is a risk that America will fail to rise to these challenges. While the Clinton administration has broken important ground in developing a Global Information Infrastructure initiative and in dealing with the future of the Internet, encryption issues, and intellectual property concerns, these efforts are underfunded, sometimes managed to suit political rather than strategic objectives, shortsighted (particularly the steps concerning encryption, in which rapid changes and the demands of the marketplace are being overlooked), and poorly coordinated. At the same time, some of America's most powerful tools of engagement - which come in the form of new trade initiatives - seemingly have been shelved. This problem is most clearly manifested in the fact that fasttrack negotiating-authority approval has not yet been granted and in the real possibility that Congress will refuse to grant such approval before the turn of the century.

The Clinton administration and its successors must carefully consider the long-term implications of globalization, such as the impact of the rise of new markets on America's economic influence and how America can maintain its leadership role. Aspects of American culture will play a critical role in helping to ensure the continuation of that leadership. American cultural diversity gives the United States resources and potential links with virtually every market and every major power in the world. America's emphasis on the individual ensures that American innovation will continue to outstrip that of other nations. Working in its favor is the fact that the "Pax Americana" is a phenomenon of the early years of globalization and that the U.S. ascendancy to undisputed leadership came at the same time as the establishment of international institutions such as the United Nations, the World Bank, and the International Monetary Fund; thus, for all the challenges of adjustment, the United States has more leadership experience than any other nation in this new global environment. Also, though some may decry Americans' emphasis on "newness" and suggest that it is a result of their lack of an extensive history, it also represents a healthy lack of cultural "baggage": It is this emphasis on newness that puts the United States in the best position to deal with a world in which the rapidity of change is perhaps the greatest strategic challenge of all.

IDENTITY WITHOUT CULTURE

The opportunity lies before us as Americans. The United States is in a position not only to lead in the 21st century as the dominant power of the Information Age but to do so by breaking down the barriers that divide nations - and groups within nations - and by building ties that create an ever greater reservoir of shared interests among an ever larger community of peoples. Those who look at the post-Cold War era and see the "clash of civilizations" see only one possibility. They overlook the great strides in integration that have united the world's billions. They discount the factors that have led to global consolidation and the reality that those factors grow in power with each new day of the global era - integration is a trend that builds upon itself. They argue that America should prepare for the conflicts that may come in this interim period without arguing that it should accelerate the arrival of a new era with every means at its disposal.

Certainly, it is naive to expect broad success in avoiding future conflicts among cultures. But we now have tools at our disposal to diminish the disparities that will fuel some of those conflicts. While we should prepare for conflict, we should also remember that it is not mere idealism that demands that we work for integration and in support of a unifying global culture ensuring individual rights and enhancing international stability: It is also the ultimate realpolitik, the ultimate act of healthy self-interest.

Allowing ourselves to be swept up in the backlash against globalization would undermine America's ability to advance its self-interests. Americans must recognize that those interests and the issues pertaining to them reach across the disciplines of economics, politics, science, and culture. An interdisciplinary approach to international policymaking is thus required. We must also fully understand the new tools at our disposal. We must understand the profound importance and nature of the emerging infosphere - and its potential as a giant organic culture processor, democratic empowerer, universal connector, and ultimate communicator. Moreover, it is not enough to create and implement the right policies using the new tools at our disposal. Policymakers must better communicate the promise of this new world and make clear America's stake in that promise and the role Americans must play to achieve success. The United States does not face a simple choice between integration or separation, engagement or withdrawal. Rather, the choice is between leading a more peaceful world or being held hostage to events in a more volatile and violent one.

Want to Know More?

The Clash of Civilizations and the Remarking of the World Order, by Samuel Huntington (New York: Simon & Schuster, 1996), is the hot book of the moment on the topic of culture and its impact on international relations. It supports the thesis that culture is the great divider among peoples but fails to acknowledge the cultural consolidations that have brought the world into the few big blocks described in the book. It also fails to postulate a positive agenda for the United States in this new world, overlooks the powerful technological forces that might work to help bridge cultural divides, and succumbs to the notion that we live in a post-ideological era, which is absurd given that the ideological fault-line issue of the past century - how to justly distribute income - is more pressing and challenging today than ever before. Another recent work of note on the question of culture's impact on the evolution of the global community is Benjamin Barber's Jihad versus McWorld (New York: Times Books, 1995), in which he argues that world conflict increasingly will center on tensions between local values and globalizing forces. For theories if how cultural foundations may affect a society's political and economic development, see Trust: The Social Virtues and the Creation of Prosperity (New York: Free Press, 1995) in which Francis Fukuyama ties a society's ability to create complex organizations such as multinational corporations to the level of trust found in individual relationships within the culture. Finally, Seymour Martin Lipset's American Exceptionalism (New York: W. W. Norton, 1996) deals with the relationship between national and cultural identity in the United States. Just as enlightening, however, would be to invest in a subscription to Wired magazine or to devote an hour a week to visiting international Web sites using any of the awkward, clumsy, and frustrating network navigation software packages on the market. Whatever their defects, they cannot help but amaze even the cynical. You can find links to some examples of these Web sites on FOREIGN POLICY'S home page at www.foreignpolicy.com.

AVID ROTHKOPF is managing director of Kissinger Associates and an adjunct professor of international affairs at Columbia University. He served as a senior official in the U.S. Department of Commerce during the first term of the Clinton administration.