Finally, Basel III is so focused on providing an immediate band-aid, it fails to take into account that as the economy eventually improves (slowed lending not withstanding), the needs of banks and small businesses will inevitably change.
In March 2011, the coalition announced a shake-up of overseas aid with ending of direct development aid to 16 countries and funds being "tightly focused" on those most in need.
While Tony Blair's stated determination to have the G-8 meeting remain focused on the priorities he had previously set - specifically, debt relief and other aid for Africa and initiatives meant to affect global warming - is understandable, the reality is that the focus on agenda items that are unrelated to waging and prevailing in this war is a distraction we cannot afford at the moment.
Many of those organisations had redesigned their websites with the aid of a new set of sophisticated web tools, built by Convio, which focused on viral marketing and more personalised interactions.