Posted By Joshua Keating

The industry group Business Software Alliance is out with its annual report on global software piracy and it appears that the BRIC countries are still pretty dominant. Yes, Zimbabwe has the world's highest rate of software piracy at 92 percent, overtaking Georgia for the top spot this year. And the United States has the largest illegal software sector in terms of dollar value. But as the chart on the right shows, China, Russia, India, and Brazil combined for more than $17.9 billion worth of pirated software in 2011 -- 28 percent of the global total -- at an average piracy rate of 64 percent. On the other hand, rates are down this year in all four countries according to BSA's numbers. 

Overall, BSA says the global rate of software piracy remained steady at 42 percent, though the value of the shadow market in pirated software increased from $58.8 billion to $63.4 billion. 

The world's most honest software users? Americans! While the value of its shadow software industry may be the highest, BSA puts the U.S. piracy rate at only 19 percent, the lowest in the world. 

Posted By Joshua Keating

In case you need a little perspective on all the apocalyptic eurozone speculation, take the next 10 minutes to witness a millennium of war, conquest and genocide!

If you're impatient, here's the three-minute version.

Update: Looks like the videos have been taken down for copywright reasons. Sorry folks.

Hat tip: Kottke 

Posted By Uri Friedman

Top news: Ratko Mladic, the former Bosnian Serb leader who was captured last May after more than 15 years on the run, appeared in a courtroom in The Hague on Wednesday to begin his trial for war crimes, genocide, and crimes against humanity in connection with the Bosnian war in the 1990s.

In outlining its case against Mladic, the prosecution accused the former military commander of "realizing through military might the criminal goals of ethnically cleansing much of Bosnia" by orchestrating the slaughter of 8,000 unarmed Muslim men and boys in Srebrenica and laying siege to Sarajevo for 44 months, a period in which more than 10,000 people died. 

Mladic, for his part, has refused to enter a formal plea, but the court has entered a not guilty plea on his behalf. On Wednesday, the 70-year-old general appeared to taunt Srebrenica survivors, making eye contact with a Muslim woman in the audience and running a hand across his throat in a gesture that prompted the judge to call a brief recess.

Greece: Greek President Karolos Papoulias appointed a judge to head a caretaker government until a new round of elections can be held on June 17, as the country's failure to form a coalition government roils markets and Greeks began withdrawing funds from banks.  


Middle East

  • A convoy of U.N. monitors got caught in clashes between protesters and Syrian forces in Idlib province and stayed with members of the opposition Free Syrian Army overnight.
  • The Yemeni military killed at least 18 people in airstrikes against al Qaeda as part of a larger offensive against militants in southern Yemen.
  • The Libyan Islamist leader Abdel Hakim Belhadj resigned from the military to run in elections next month.

Americas

  • Gen. James Cartwright, a former commander of U.S. nuclear forces, called for a steep reduction in the U.S. nuclear arsenal.
  • A bombing in the Colombian capital killed at least two people, in what appeared to be an assassination attempt on a former government minister. 
  • The Mexican novelist Carlos Fuentes died at age 83.

Europe

  • Following his inauguration, French President Francois Hollande met with German Chancellor Angela Merkel and named Jean-Marc Ayrault as his prime minister.
  • The European Union announced new regulations for banks.
  • Russian police cleared a campsite occupied by anti-government protesters in Moscow.

Asia

  • NATO invited Pakistani President Asif Ali Zardari to its upcoming summit in Chicago. 
  • Investigators discovered the black box from a Russian passenger jet that crashed in Indonesia last week.  
  • The Chinese dissident Chen Guangcheng called into a second U.S. congressional hearing and spoke of local Chinese authorities harassing his family. 

Africa

  • Ahead of his sentencing, former Liberian President Charles Taylor accused the prosecution in his war crimes trial at the Hague of paying its witnesses.
  • The United Nations estimated that more than half the population in South Sudan is facing food shortages. 
  • Amnesty International accused Tuareg rebels in northern Mali of recruiting child soldiers and committing rape and murder.



Toussaint Kluiters/AFP/Getty Images
EXPLORE:MORNING BRIEF

Posted By Joshua Keating

This is probably not what Francois Hollande wanted on the first day of his presidency:

After a succession of rain-drenched and pomp-filled ceremonial inauguration events, Hollande took off in a Falcon 7X aircraft for Berlin. The plane was hit by lightning shortly afterward, and returned to the Villacoublay air base outside Paris as a precaution for inspection, Defense Ministry spokesman Gerard Gachet said.

Defense officials say the president and his entourage were transferred to another aircraft, a Falcon 900, and left shortly thereafter. That made Hollande about an hour and a half late for his first meeting with German Chancellor Angela Merkel.

A new FP slideshow compares Hollande's inauguration with Vladimir Putin's somewhat grander affair

Posted By Joshua Keating

One of the most unfortunate neologisms of the European financial crisis has to be "Grexit," the now-ubiquitous term referring to a possible Greek exit from the eurozone. (I'm pretty fond of PIIGS, on other hand.) I was curious about who had first used the term. This FT Alphavillle post from Feb. 7 would seem to have the answer:  

Grexit being, of course, a Greek exit from the eurozone. (Also, an app for archiving and sharing Gmail threads. Bummer for them.)

The term comes from Willem Buiter and Ebrahim Rahbari at Citi, who are now leaning towards the “let them leave” argument:

First, we raise our estimate of the likelihood of Greek exit from the eurozone (or ‘Grexit’) to 50% over the next 18 months from earlier estimates of ours which put it at 25-30%. Second, we argue that the implications of Grexit for the rest of the EA and the world would be negative, but moderate, as exit fear contagion would likely be contained by policy action, notably from the ECB.

So it appears Citibank is to blame. On the other hand, maybe an unpleasant sounding word is appropriate for that scenario. 

Posted By Joshua Keating

For the first time, EU forces are attacking pirate bases within Somali territory:

European helicopter gunships attacked a pirate base on the Somali coast on Tuesday, destroying five speedboats, in the first such airborne strike on land by the anti-piracy force.

The Somali-based pirates responded by threatening to kill crew being held on more than a dozen hijacked vessels if they were attacked again.

The EU Naval Force (EU Navfor) said it had carried out the overnight raid on pirate targets using helicopters and surveillance aircraft with the agreement of the beleaguered, Western-backed Somali government.

There are concerns that this new tactic could put the more than 300 hostages being held in Somalia at risk, or drive the pirates to more desperate tactics. I also wonder, if this becomes a regular thing, whether it will have larger security implications. Frequent European bombing raids on Somali territory with the consent of the Western-backed government in Mogadishu, no matter the intended target, seem like something a group like Al Shabaab could easily exploit for propaganda value.

Top news: Greek President Karolos Papoulias is meeting with party leaders to ask them to step aside in favor of a technocratic government that can keep the country from bankruptcy -- a last-ditch effort to salvage a political compromise out of the inconclusive May 6 election. However, while the leftist Syriza bloc is attending the meeting, it has already pledged to reject the plan. "We don't want to consent to any kind of bailout policies, even if they are implemented by non-political personalities," said a spokesman. 

Failure to agree on a new government would force Papoulias to call for new elections in June, and would likely raise the chances of Greece defaulting on its debts and leaving the eurozone entirely. 

While many eurozone leaders are now discussing the prospect of a Greek exit openly, Luxembourg's Jean-Claude Juncker, who heads the group of eurozone finance ministers, angrily dismissed such talk on Monday. “I don’t envisage, not even for one second, Greece leaving the euro area. This is nonsense. This is propaganda,” he said. 

The Greek economy contracted by 6.2 percent in the first three months of the year. 

Economy: Despite contractions in Southern Europe, the continent narrowly avoided returning to recession in the first three months of the year thanks to stronger than expected growth from Germany.


Middle East

  • Nearly 23 Syrian soldiers were reportedly killed in clashes with opposition fighters. 
  • Saudi Arabia is seeking a closer union of the Gulf monarchies. 
  • A group of Palestinian prisoners agreed to end a hunger strike in exchange for concessions from Israel. 

Africa

  • EU forces conducted their first raid on a pirate base on the Somali mainland
  • A suspected remote-controlled bomb went off at a Somali refugee center in Kenya.
  • West Africa regional bloc ECOWAS has threatened to reimpose sanctions on Mali's coup leaders. 

Europe

Asia

Americas




ANGELOS TZORTZINIS/AFP/GettyImages
EXPLORE:MORNING BRIEF

Posted By Joshua Keating

EU Observer looks at a new report, set to be endorsed by Europe's finance ministers tomorrow, that looks beyond the the ramifications of the "Grexit" to a longer-term threat to the continent's prosperity:

With an increase of some five percent, the total EU population is to reach 526 million in 2040. Not counted in the statistics are potential further enlargements to populous countries such as Turkey.

The largest chunk of the population will continue to be the age group 15-64, but it will decrease from 67 percent in 2010 to 56 percent in 2060. "Those aged 65 and over will become a much larger share (rising from 17% to 30% of the population), and those aged 80 and over (rising from 5% to 12%) will almost become as numerous as the young population in 2060," the report predicts.

The labour force is going to to up slightly until 2020 as more women are joining the workforce, but after that a decline of almost 12 percent will be recorded by 2060, or 27.7 million less.

Statistics vary widely across the bloc - from a 25 percent increase in Ireland to a 38.5 drop in Romania over the same period up to 2060.

As women across the bloc are having on average less than two children, which is the natural replacement rate for a society and as life expectancy is going up, the pensioner-to-worker ratio will rise from 39 percent in 2010 to 71 percent in 2060. The lowest rate - 55 percent - is projected in Denmark, the UK and Ireland, while the highest rates - over 90 percent are to be hit in Hungary, Slovakia, Poland and Romania in 2060.

Meanwhile, economic growth is projected to remain low, around 1.5 percent up to 2020 and 1.6 percent in 2021-2030 followed by a slow-down to 1.3 percent by 2060, as labour productivity will increase in the poorer states.

The aging of the developed world is the subtext of a lot of the generous maternity benefits I wrote about in this mother's day list and the fertility promotion programs I discussed in the Sex Issue. Singapore's government matchmaking service and Russia "Give Birth to a Patriot on Russia Day" contest might seem goofy, but there demographic trends behind them are a quite real

CESAR MANSO/AFP/Getty Images

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