As things stand now, the financial system of each country is being sustained and supported by its own government. The governments are primarily with their own economies. This tends to give rise to fin
Fortunately, Europe had the benefit of the social safety net. It held down European growth rates in good times, but it served its purpose in the downturn and the recession in Euroland turned out to be
The United States has been at the center of the international financial system ever since the Second World War. The dollar has served as the main international currency and the United States has deriv
Why should the United States initiate changes in a system of which it had been the main beneficiary? Because the system cannot survive in its present form and the United States has more to lose if it
After the collapse of the Soviet entire the United States emerged as the sole superpower. No other power, or the combination of powers, could challenge it's supremacy. But the unipolar world did n
And we talked about swarm networks earlier. And talking about the ultimate swarm, about having all of the processors and all of the cars when they're sitting idle being part of a global grid for c
To sum up, the world is facing a choice between two fundamentally different forms of organization. We may label them international capitalism and state capitalism. The former, represented by the Unite
This year we strengthened our position by acquiring the networking business unit of a company called Symantec. This provided HP OpenView with new capabilities for software distribution, inventory, con
We think this approach is well aligned with the needs of customers like the Xiamen Post and Telecommunication Authority. The comprehensive solution we implemented for its Internet Service Provider req
We did an analysis where you would have a station in each city with each of the 100 largest cities in the United States, and located the stations so you'd be no more than two miles from a station
Our financing Organization provides a simple, single point of contact for financing, leasing and re-marketing products. It also offers innovative "technology refresh" programs that will auto
I've spoken about our systems strategy for powering the Extended Enterprise. Now I'll move onto some important software products. HP OpenView is an industry-leading software product that is ai
We are at a moment in which the rage of uncertainties is unusually wide. We have just passed through the worst financial crisis since World War Two. It is quantitatively much larger and qualitatively
Effectively the international (financial) system has a tow-tier structure：Countries that can borrow in their own currency constitute the center, and those, whose borrowings are denominated in one of t
This is what a new Bretton woods conference could accomplish in one fell swoop. It would reconstitute the IMF to better reflect the prevailing pecking order among states and revise its methods of oper
Something similar happened again in 1997 but by then the banks had learned to securitize their loans so they could not be forced into a collective system of lending and most of the losses had to be ta
The HP Changengine technology makes it possible to pull the process logic outside of the application. This allows customers to change the business logic without changing the application, thus dramatic
So let me turn now to our other systems business — PCs. HP has come from virtually nowhere to become a major player — No. 3 in the world, according to IDC at the end of FY 97. This growth has been fue
And yet, in spite of that, artificial life support has been successful. Barely a year after the bankruptcy of Lehman Brothers, financial markets have stabilized, stock markets have rebounded, and the
In the area of messaging, HP is working with Microsoft on interoperability between HP OpenMail — our messaging backbone product — and Microsoft Exchange. And finally, we're working on customer-spe
