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The Vedas, the earliest texts on Indian philosophy and Hindu philosophy dating back to the late 2nd millennium BC, describe ancient Hindu cosmology, in which the universe goes through repeated cycles of creation, destruction and rebirth, with each cycle lasting 4,320 million years. Ancient Greek philosophers, including Parmenides and Heraclitus, wrote essays on the nature of time. Plato, in the Timaeus, identified time with the period of motion of the heavenly bodies. Aristotle, in Book IV of his Physica defined time as 'number of movement in respect of the before and after'.
In Book 11 of his Confessions, St. Augustine of Hippo ruminates on the nature of time, asking, "What then is time? If no one asks me, I know: if I wish to explain it to one that asketh, I know not." He begins to define time by what it is not rather than what it is, an approach similar to that taken in other negative definitions. However, Augustine ends up calling time a “distention” of the mind (Confessions 11.26) by which we simultaneously grasp the past in memory, the present by attention, and the future by expectation.
Immanuel Kant, in the Critique of Pure Reason, described time as an a priori intuition that allows us (together with the other a priori intuition, space) to comprehend sense experience. With Kant, neither space nor time are conceived as substances, but rather both are elements of a systematic mental framework that necessarily structures the experiences of any rational agent, or observing subject. Kant thought of time as a fundamental part of an abstract conceptual framework, together with space and number, within which we sequence events, quantify their duration, and compare the motions of objects. In this view, time does not refer to any kind of entity that "flows," that objects "move through," or that is a "container" for events. Spatial measurements are used to quantify the extent of and distances between objects, and temporal measurements are used to quantify the durations of and between events. Time was designated by Kant as the purest possible schema of a pure concept or category.
According to Martin Heidegger we do not exist inside time, we are time. Hence, the relationship to the past is a present awareness of having been, which allows the past to exist in the present. The relationship to the future is the state of anticipating a potential possibility, task, or engagement. It is related to the human propensity for caring and being concerned, which causes "being ahead of oneself" when thinking of a pending occurrence. Therefore, this concern for a potential occurrence also allows the future to exist in the present. The present becomes an experience, which is qualitative instead of quantitative. Heidegger seems to think this is the way that a linear relationship with time, or temporal existence, is broken or transcended. We are not stuck in sequential time. We are able to remember the past and project into the future—we have a kind of random access to our representation of temporal existence; we can, in our thoughts, step out of (ecstasis) sequential time.
The theory of special relativity finds a convenient formulation in Minkowski spacetime, a mathematical structure that combines three dimensions of space with a single dimension of time. In this formalism, distances in space can be measured by how long light takes to travel that distance, e.g., a light-year is a measure of distance, and a meter is now defined in terms of how far light travels in a certain amount of time. Two events in Minkowski spacetime are separated by an invariant interval, which can be either space-like, light-like, or time-like. Events that have a time-like separation cannot be simultaneous in any frame of reference, there must be a temporal component (and possibly a spatial one) to their separation. Events that have a space-like separation will be simultaneous in some frame of reference, and there is no frame of reference in which they do not have a spatial separation. Different observers may calculate different distances and different time intervals between two events, but the invariant interval between the events is independent of the observer (and his velocity).
In non-relativistic classical mechanics, Newton's concept of "relative, apparent, and common time" can be used in the formulation of a prescription for the synchronization of clocks. Events seen by two different observers in motion relative to each other produce a mathematical concept of time that works sufficiently well for describing the everyday phenomena of most people's experience. In the late nineteenth century, physicists encountered problems with the classical understanding of time, in connection with the behavior of electricity and magnetism. Einstein resolved these problems by invoking a method of synchronizing clocks using the constant, finite speed of light as the maximum signal velocity. This led directly to the result that observers in motion relative to one another measure different elapsed times for the same event.
Time has historically been closely related with space, the two together merging into spacetime in Einstein's special relativity and general relativity. According to these theories, the concept of time depends on the spatial reference frame of the observer, and the human perception as well as the measurement by instruments such as clocks are different for observers in relative motion. For example, if a spaceship carrying a clock flies through space at (very nearly) the speed of light, its crew does not notice a change in the speed of time on board their vessel because everything traveling at the same speed slows down at the same rate (including the clock, the crew's thought processes, and the functions of their bodies). However, to a stationary observer watching the spaceship fly by, the spaceship appears flattened in the direction it is traveling and the clock on board the spaceship appears to move very slowly.
On the other hand, the crew on board the spaceship also perceives the observer as slowed down and flattened along the spaceship's direction of travel, because both are moving at very nearly the speed of light relative to each other. Because the outside universe appears flattened to the spaceship, the crew perceives themselves as quickly traveling between regions of space that (to the stationary observer) are many light years apart. This is reconciled by the fact that the crew's perception of time is different from the stationary observer's; what seems like seconds to the crew might be hundreds of years to the stationary observer. In either case, however, causality remains unchanged: the past is the set of events that can send light signals to an entity and the future is the set of events to which an entity can send light signals.
Einstein showed in his thought experiments that people travelling at different speeds, while agreeing on cause and effect, measure different time separations between events, and can even observe different chronological orderings between non-causally related events. Though these effects are typically minute in the human experience, the effect becomes much more pronounced for objects moving at speeds approaching the speed of light. Many subatomic particles exist for only a fixed fraction of a second in a lab relatively at rest, but some that travel close to the speed of light can be measured to travel farther and survive much longer than expected (a muon is one example). According to the special theory of relativity, in the high-speed particle's frame of reference, it exists, on the average, for a standard amount of time known as its mean lifetime, and the distance it travels in that time is zero, because its velocity is zero. Relative to a frame of reference at rest, time seems to "slow down" for the particle. Relative to the high-speed particle, distances seem to shorten. Einstein showed how both temporal and spatial dimensions can be altered (or "warped") by high-speed motion.
Time appears to have a direction—the past lies behind, fixed and immutable, while the future lies ahead and is not necessarily fixed. Yet for the most part the laws of physics do not specify an arrow of time, and allow any process to proceed both forward and in reverse. This is generally a consequence of time being modeled by a parameter in the system being analyzed, where there is no "proper time": the direction of the arrow of time is sometimes arbitrary. Examples of this include the Second law of thermodynamics, which states that entropy must increase over time (see Entropy); the cosmological arrow of time, which points away from the Big Bang, CPT symmetry, and the radiative arrow of time, caused by light only traveling forwards in time (see light cone). In particle physics, the violation of CP symmetry implies that there should be a small counterbalancing time asymmetry to preserve CPT symmetry as stated above. The standard description of measurement in quantum mechanics is also time asymmetric (see Measurement in quantum mechanics).
Stephen Hawking in particular has addressed a connection between time and the Big Bang. In A Brief History of Time and elsewhere, Hawking says that even if time did not begin with the Big Bang and there were another time frame before the Big Bang, no information from events then would be accessible to us, and nothing that happened then would have any effect upon the present time-frame. Upon occasion, Hawking has stated that time actually began with the Big Bang, and that questions about what happened before the Big Bang are meaningless. This less-nuanced, but commonly repeated formulation has received criticisms from philosophers such as Aristotelian philosopher Mortimer J. Adler.
While the Big Bang model is well established in cosmology, it is likely to be refined in the future. Little is known about the earliest moments of the universe's history. The Penrose–Hawking singularity theorems require the existence of a singularity at the beginning of cosmic time. However, these theorems assume that general relativity is correct, but general relativity must break down before the universe reaches the Planck temperature, and a correct treatment of quantum gravity may avoid the singularity.
Time travel is the concept of moving backwards or forwards to different points in time, in a manner analogous to moving through space, and different from the normal "flow" of time to an earthbound observer. In this view, all points in time (including future times) "persist" in some way. Time travel has been a plot device in fiction since the 19th century. Traveling backwards in time has never been verified, presents many theoretic problems, and may be an impossibility. Any technological device, whether fictional or hypothetical, that is used to achieve time travel is known as a time machine.
Another solution to the problem of causality-based temporal paradoxes is that such paradoxes cannot arise simply because they have not arisen. As illustrated in numerous works of fiction, free will either ceases to exist in the past or the outcomes of such decisions are predetermined. As such, it would not be possible to enact the grandfather paradox because it is a historical fact that your grandfather was not killed before his child (your parent) was conceived. This view doesn't simply hold that history is an unchangeable constant, but that any change made by a hypothetical future time traveler would already have happened in his or her past, resulting in the reality that the traveler moves from. More elaboration on this view can be found in the Novikov self-consistency principle.
Psychoactive drugs can impair the judgment of time. Stimulants can lead both humans and rats to overestimate time intervals, while depressants can have the opposite effect. The level of activity in the brain of neurotransmitters such as dopamine and norepinephrine may be the reason for this. Such chemicals will either excite or inhibit the firing of neurons in the brain, with a greater firing rate allowing the brain to register the occurrence of more events within a given interval (speed up time) and a decreased firing rate reducing the brain's capacity to distinguish events occurring within a given interval (slow down time).
The use of time is an important issue in understanding human behavior, education, and travel behavior. Time-use research is a developing field of study. The question concerns how time is allocated across a number of activities (such as time spent at home, at work, shopping, etc.). Time use changes with technology, as the television or the Internet created new opportunities to use time in different ways. However, some aspects of time use are relatively stable over long periods of time, such as the amount of time spent traveling to work, which despite major changes in transport, has been observed to be about 20–30 minutes one-way for a large number of cities over a long period.
A sequence of events, or series of events, is a sequence of items, facts, events, actions, changes, or procedural steps, arranged in time order (chronological order), often with causality relationships among the items. Because of causality, cause precedes effect, or cause and effect may appear together in a single item, but effect never precedes cause. A sequence of events can be presented in text, tables, charts, or timelines. The description of the items or events may include a timestamp. A sequence of events that includes the time along with place or location information to describe a sequential path may be referred to as a world line.
Uses of a sequence of events include stories, historical events (chronology), directions and steps in procedures, and timetables for scheduling activities. A sequence of events may also be used to help describe processes in science, technology, and medicine. A sequence of events may be focused on past events (e.g., stories, history, chronology), on future events that must be in a predetermined order (e.g., plans, schedules, procedures, timetables), or focused on the observation of past events with the expectation that the events will occur in the future (e.g., processes). The use of a sequence of events occurs in fields as diverse as machines (cam timer), documentaries (Seconds From Disaster), law (choice of law), computer simulation (discrete event simulation), and electric power transmission (sequence of events recorder). A specific example of a sequence of events is the timeline of the Fukushima Daiichi nuclear disaster.
The European Central Bank (ECB) is the central bank for the euro and administers monetary policy of the Eurozone, which consists of 19 EU member states and is one of the largest currency areas in the world. It is one of the world's most important central banks and is one of the seven institutions of the European Union (EU) listed in the Treaty on European Union (TEU). The capital stock of the bank is owned by the central banks of all 28 EU member states.[dated info] The Treaty of Amsterdam established the bank in 1998, and it is headquartered in Frankfurt, Germany. As of 2015[update] the President of the ECB is Mario Draghi, former governor of the Bank of Italy, former member of the World Bank, and former managing director of the Goldman Sachs international division (2002–2005). The bank primarily occupied the Eurotower prior to, and during, the construction of the new headquarters.
The primary objective of the European Central Bank, as mandated in Article 2 of the Statute of the ECB, is to maintain price stability within the Eurozone. The basic tasks, as defined in Article 3 of the Statute, are to define and implement the monetary policy for the Eurozone, to conduct foreign exchange operations, to take care of the foreign reserves of the European System of Central Banks and operation of the financial market infrastructure under the TARGET2 payments system and the technical platform (currently being developed) for settlement of securities in Europe (TARGET2 Securities). The ECB has, under Article 16 of its Statute, the exclusive right to authorise the issuance of euro banknotes. Member states can issue euro coins, but the amount must be authorised by the ECB beforehand.
The first President of the Bank was Wim Duisenberg, the former president of the Dutch central bank and the European Monetary Institute. While Duisenberg had been the head of the EMI (taking over from Alexandre Lamfalussy of Belgium) just before the ECB came into existence, the French government wanted Jean-Claude Trichet, former head of the French central bank, to be the ECB's first president. The French argued that since the ECB was to be located in Germany, its president should be French. This was opposed by the German, Dutch and Belgian governments who saw Duisenberg as a guarantor of a strong euro. Tensions were abated by a gentleman's agreement in which Duisenberg would stand down before the end of his mandate, to be replaced by Trichet.
The primary objective of the European Central Bank, as laid down in Article 127(1) of the Treaty on the Functioning of the European Union, is to maintain price stability within the Eurozone. The Governing Council in October 1998 defined price stability as inflation of under 2%, “a year-on-year increase in the Harmonised Index of Consumer Prices (HICP) for the euro area of below 2%” and added that price stability ”was to be maintained over the medium term”. (Harmonised Index of Consumer Prices) Unlike for example the United States Federal Reserve Bank, the ECB has only one primary objective but this objective has never been defined in statutory law, and the HICP target can be termed ad-hoc.
The banks in effect borrow cash and must pay it back; the short durations allow interest rates to be adjusted continually. When the repo notes come due the participating banks bid again. An increase in the quantity of notes offered at auction allows an increase in liquidity in the economy. A decrease has the contrary effect. The contracts are carried on the asset side of the European Central Bank's balance sheet and the resulting deposits in member banks are carried as a liability. In layman terms, the liability of the central bank is money, and an increase in deposits in member banks, carried as a liability by the central bank, means that more money has been put into the economy.[a]
To qualify for participation in the auctions, banks must be able to offer proof of appropriate collateral in the form of loans to other entities. These can be the public debt of member states, but a fairly wide range of private banking securities are also accepted. The fairly stringent membership requirements for the European Union, especially with regard to sovereign debt as a percentage of each member state's gross domestic product, are designed to insure that assets offered to the bank as collateral are, at least in theory, all equally good, and all equally protected from the risk of inflation.
The Executive Board is responsible for the implementation of monetary policy (defined by the Governing Council) and the day-to-day running of the bank. It can issue decisions to national central banks and may also exercise powers delegated to it by the Governing Council. It is composed of the President of the Bank (currently Mario Draghi), the Vice-President (currently Vitor Constâncio) and four other members. They are all appointed for non-renewable terms of eight years. They are appointed "from among persons of recognised standing and professional experience in monetary or banking matters by common accord of the governments of the Member States at the level of Heads of State or Government, on a recommendation from the Council, after it has consulted the European Parliament and the Governing Council of the ECB". The Executive Board normally meets every Tuesday.
José Manuel González-Páramo, a Spanish member of the Executive Board since June 2004, was due to leave the board in early June 2012 and no replacement had been named as of late May 2012. The Spanish had nominated Barcelona-born Antonio Sáinz de Vicuña, an ECB veteran who heads its legal department, as González-Páramo's replacement as early as January 2012 but alternatives from Luxembourg, Finland, and Slovenia were put forward and no decision made by May. After a long political battle, Luxembourg's Yves Mersch, was appointed as González-Páramo's replacement.
The Supervisory Board meets twice a month to discuss, plan and carry out the ECB’s supervisory tasks. It proposes draft decisions to the Governing Council under the non-objection procedure. It is composed of Chair (appointed for a non-renewable term of five years), Vice-Chair (chosen from among the members of the ECB's Executive Board) four ECB representatives and representatives of national supervisors. If the national supervisory authority designated by a Member State is not a national central bank (NCB), the representative of the competent authority can be accompanied by a representative from their NCB. In such cases, the representatives are together considered as one member for the purposes of the voting procedure.
Although the ECB is governed by European law directly and thus not by corporate law applying to private law companies, its set-up resembles that of a corporation in the sense that the ECB has shareholders and stock capital. Its capital is five billion euros which is held by the national central banks of the member states as shareholders. The initial capital allocation key was determined in 1998 on the basis of the states' population and GDP, but the key is adjustable. Shares in the ECB are not transferable and cannot be used as collateral.
The internal working language of the ECB is generally English, and press conferences are usually held in English. External communications are handled flexibly: English is preferred (though not exclusively) for communication within the ESCB (i.e. with other central banks) and with financial markets; communication with other national bodies and with EU citizens is normally in their respective language, but the ECB website is predominantly English; official documents such as the Annual Report are in the official languages of the EU.
The independence of the ECB is instrumental in maintaining price stability. Not only must the bank not seek influence, but EU institutions and national governments are bound by the treaties to respect the ECB's independence. To offer some accountability, the ECB is bound to publish reports on its activities and has to address its annual report to the European Parliament, the European Commission, the Council of the European Union and the European Council. The European Parliament also gets to question and then issue its opinion on candidates to the executive board.
From late 2009 a handful of mainly southern eurozone member states started being unable to repay their national Euro-denominated government debt or to finance the bail-out of troubled financial sectors under their national supervision without the assistance of third parties. This so-called European debt crisis began after Greece's new elected government stopped masking its true indebtedness and budget deficit and openly communicated the imminent danger of a Greek sovereign default. Seeing a sovereign default in the eurozone as a shock, the general public, international and European institutions, and the financial community started to intensively reassess the economic situation and creditworthiness of eurozone states. Those eurozone states being assessed as not financially sustainable enough on their current path, faced waves of credit rating downgrades and rising borrowing costs including increasing interest rate spreads. As a consequence, the ability of these states to borrow new money to further finance their budget deficits or to refinance existing unsustainable debt levels was strongly reduced.
There is also a widespread view[vague][who?] that giving much more financial support to continuously cover the debt crisis or allow even higher budget deficits or debt levels would discourage the crisis states to implement necessary reforms to regain their competitiveness.[citation needed] There has also been a reluctance[citation needed] of financially stable eurozone states like Germany[citation needed] to further circumvent the no-bailout clause in the EU contracts and to generally take on the burden of financing or guaranteeing the debts of financially unstable or defaulting eurozone countries.[citation needed]
This has led to public discussions if Greece, Portugal, and even Italy would be better off leaving the eurozone to regain economical and financial stability if they would not implement reforms to strengthen their competitiveness as part of the eurozone in time. Greece had the greatest need for reforms but also most problems to implement those, so the Greek exit, also called "Grexit", has been widely discussed. Germany, as a large and financially stable state being in the focus to be asked to guarantee or repay other states debt, has never pushed those exits. Their position is to keep Greece within the eurozone, but not at any cost. If the worst comes to the worst, priority should be given to the euro's stability.
However, if the debt rescheduling causes losses on loans held by European banks, it weakens the private banking system, which then puts pressure on the central bank to come to the aid of those banks. Private-sector bond holders are an integral part of the public and private banking system. Another possible response is for wealthy member countries to guarantee or purchase the debt of countries that have defaulted or are likely to default. This alternative requires that the tax revenues and credit of the wealthy member countries be used to refinance the previous borrowing of the weaker member countries, and is politically controversial.
In contrast to the Fed, the ECB normally does not buy bonds outright. The normal procedure used by the ECB for manipulating the money supply has been via the so-called refinancing facilities. In these facilities, bonds are not purchased but used in reverse transactions: repurchase agreements, or collateralised loans. These two transactions are similar, i.e. bonds are used as collaterals for loans, the difference being of legal nature. In the repos the ownership of the collateral changes to the ECB until the loan is repaid.
This changed with the recent sovereign-debt crisis. The ECB always could, and through the late summer of 2011 did, purchase bonds issued by the weaker states even though it assumes, in doing so, the risk of a deteriorating balance sheet. ECB buying focused primarily on Spanish and Italian debt. Certain techniques can minimise the impact. Purchases of Italian bonds by the central bank, for example, were intended to dampen international speculation and strengthen portfolios in the private sector and also the central bank.
On the other hand, certain financial techniques can reduce the impact of such purchases on the currency. One is sterilisation, in which highly valued assets are sold at the same time that the weaker assets are purchased, which keeps the money supply neutral. Another technique is simply to accept the bad assets as long-term collateral (as opposed to short-term repo swaps) to be held until their market value stabilises. This would imply, as a quid pro quo, adjustments in taxation and expenditure in the economies of the weaker states to improve the perceived value of the assets.
As of 18 June 2012, the ECB in total had spent €212.1bn (equal to 2.2% of the Eurozone GDP) for bond purchases covering outright debt, as part of its Securities Markets Programme (SMP) running since May 2010. On 6 September 2012, the ECB announced a new plan for buying bonds from eurozone countries. The duration of the previous SMP was temporary, while the Outright Monetary Transactions (OMT) programme has no ex-ante time or size limit. On 4 September 2014, the bank went further by announcing it would buy bonds and other debt instruments primarily from banks in a bid to boost the availability of credit for businesses.
Rescue operations involving sovereign debt have included temporarily moving bad or weak assets off the balance sheets of the weak member banks into the balance sheets of the European Central Bank. Such action is viewed as monetisation and can be seen as an inflationary threat, whereby the strong member countries of the ECB shoulder the burden of monetary expansion (and potential inflation) to save the weak member countries. Most central banks prefer to move weak assets off their balance sheets with some kind of agreement as to how the debt will continue to be serviced. This preference has typically led the ECB to argue that the weaker member countries must:
The European Central Bank had stepped up the buying of member nations debt. In response to the crisis of 2010, some proposals have surfaced for a collective European bond issue that would allow the central bank to purchase a European version of US Treasury bills. To make European sovereign debt assets more similar to a US Treasury, a collective guarantee of the member states' solvency would be necessary.[b] But the German government has resisted this proposal, and other analyses indicate that "the sickness of the euro" is due to the linkage between sovereign debt and failing national banking systems. If the European central bank were to deal directly with failing banking systems sovereign debt would not look as leveraged relative to national income in the financially weaker member states.
The bank must also co-operate within the EU and internationally with third bodies and entities. Finally, it contributes to maintaining a stable financial system and monitoring the banking sector. The latter can be seen, for example, in the bank's intervention during the subprime mortgage crisis when it loaned billions of euros to banks to stabilise the financial system. In December 2007, the ECB decided in conjunction with the Federal Reserve System under a programme called Term auction facility to improve dollar liquidity in the eurozone and to stabilise the money market.
In central banking, the privileged status of the central bank is that it can make as much money as it deems needed. In the United States Federal Reserve Bank, the Federal Reserve buys assets: typically, bonds issued by the Federal government. There is no limit on the bonds that it can buy and one of the tools at its disposal in a financial crisis is to take such extraordinary measures as the purchase of large amounts of assets such as commercial paper. The purpose of such operations is to ensure that adequate liquidity is available for functioning of the financial system.
Think-tanks such as the World Pensions Council have also argued that European legislators have pushed somewhat dogmatically for the adoption of the Basel II recommendations, adopted in 2005, transposed in European Union law through the Capital Requirements Directive (CRD), effective since 2008. In essence, they forced European banks, and, more importantly, the European Central Bank itself e.g. when gauging the solvency of financial institutions, to rely more than ever on standardised assessments of credit risk marketed by two non-European private agencies: Moody's and S&P.
The bank is based in Frankfurt, the largest financial centre in the Eurozone. Its location in the city is fixed by the Amsterdam Treaty. The bank moved to new purpose-built headquarters in 2014 which were designed a Vienna-based architectural office named Coop Himmelbau. The building is approximately 180 metres (591 ft) tall and will be accompanied with other secondary buildings on a landscaped site on the site of the former wholesale market in the eastern part of Frankfurt am Main. The main construction began in October 2008, and it was expected that the building will become an architectural symbol for Europe. While it was designed to accommodate double the number of staff who operate in the former Eurotower, that building has been retained since the ECB took responsibility for banking supervision and more space was hence required.
On 21 December 2011 the bank instituted a programme of making low-interest loans with a term of three years (36 months) and 1% interest to European banks accepting loans from the portfolio of the banks as collateral. Loans totalling €489.2 bn (US$640 bn) were announced. The loans were not offered to European states, but government securities issued by European states would be acceptable collateral as would mortgage-backed securities and other commercial paper that can be demonstrated to be secure. The programme was announced on 8 December 2011 but observers were surprised by the volume of the loans made when it was implemented. Under its LTRO it loaned €489bn to 523 banks for an exceptionally long period of three years at a rate of just one percent. The by far biggest amount of €325bn was tapped by banks in Greece, Ireland, Italy and Spain. This way the ECB tried to make sure that banks have enough cash to pay off €200bn of their own maturing debts in the first three months of 2012, and at the same time keep operating and loaning to businesses so that a credit crunch does not choke off economic growth. It also hoped that banks would use some of the money to buy government bonds, effectively easing the debt crisis.
The ECB's first supplementary longer-term refinancing operation (LTRO) with a six-month maturity was announced March 2008. Previously the longest tender offered was three months. It announced two 3-month and one 6-month full allotment of Long Term Refinancing Operations (LTROs). The first tender was settled 3 April, and was more than four times oversubscribed. The €25 billion auction drew bids amounting to €103.1 billion, from 177 banks. Another six-month tender was allotted on 9 July, again to the amount of €25 billion. The first 12-month LTRO in June 2009 had close to 1100 bidders.
St. John's (/ˌseɪntˈdʒɒnz/, local /ˌseɪntˈdʒɑːnz/) is the capital and largest city in Newfoundland and Labrador, Canada. St. John's was incorporated as a city in 1888, yet is considered by some to be the oldest English-founded city in North America. It is located on the eastern tip of the Avalon Peninsula on the island of Newfoundland. With a population of 214,285 as of July 1, 2015, the St. John's Metropolitan Area is the second largest Census Metropolitan Area (CMA) in Atlantic Canada after Halifax and the 20th largest metropolitan area in Canada. It is one of the world's top ten oceanside destinations, according to National Geographic Magazine. Its name has been attributed to the feast day of John the Baptist, when John Cabot was believed to have sailed into the harbour in 1497, and also to a Basque fishing town with the same name.
St. John's is one of the oldest settlements in North America, with year-round settlement beginning sometime after 1630 and seasonal habitation long before that. It is not, however, the oldest surviving English settlement in North America or Canada, having been preceded by the Cuper's Cove colony at Cupids, founded in 1610, and the Bristol's Hope colony at Harbour Grace, founded in 1618. In fact, although English fishermen had begun setting up seasonal camps in Newfoundland in the 16th Century, they were expressly forbidden by the British government, at the urging of the West Country fishing industry, from establishing permanent settlements along the English controlled coast, hence the town of St. John's was not established as a permanent community until after the 1630s at the earliest. Other permanent English settlements in the Americas that predate St. John's include: St. George's, Bermuda (1612) and Jamestown, Virginia (1607).
Sebastian Cabot declares in a handwritten Latin text in his original 1545 map, that the St. John's earned its name when he and his father, the Venetian explorer John Cabot became the first Europeans to sail into the harbour, in the morning of 24 June 1494 (against British and French historians stating 1497), the feast day of Saint John the Baptist. However, the exact locations of Cabot's landfalls are disputed. A series of expeditions to St. John's by Portuguese from the Azores took place in the early 16th century, and by 1540 French, Spanish and Portuguese ships crossed the Atlantic annually to fish the waters off the Avalon Peninsula. In the Basque Country, it is a common belief that the name of St. John's was given by Basque fishermen because the bay of St. John's is very similar to the Bay of Pasaia in the Basque Country, where one of the fishing towns is also called St. John (in Spanish, San Juan, and in Basque, Donibane).
The earliest record of the location appears as São João on a Portuguese map by Pedro Reinel in 1519. When John Rut visited St. John's in 1527 he found Norman, Breton and Portuguese ships in the harbour. On 3 August 1527, Rut wrote a letter to King Henry on the findings of his voyage to North America; this was the first known letter sent from North America. St. Jehan is shown on Nicholas Desliens' world map of 1541 and San Joham is found in João Freire's Atlas of 1546. It was during this time that Water Street was first developed, making it the oldest street in North America.[dubious – discuss]
By 1620, the fishermen of England's West Country controlled most of Newfoundland's east coast. In 1627, William Payne, called St. John's "the principal prime and chief lot in all the whole country". The population grew slowly in the 17th century and St. John's was the largest settlement in Newfoundland when English naval officers began to take censuses around 1675. The population would grow in the summers with the arrival of migratory fishermen. In 1680, fishing ships (mostly from South Devon) set up fishing rooms at St. John's, bringing hundreds of Irish men into the port to operate inshore fishing boats.
The town's first significant defences were likely erected due to commercial interests, following the temporary seizure of St. John's by the Dutch admiral Michiel de Ruyter in June 1665. The inhabitants were able to fend off a second Dutch attack in 1673, when this time it was defended by Christopher Martin, an English merchant captain. Martin landed six cannons from his vessel, the Elias Andrews, and constructed an earthen breastwork and battery near chain Rock commanding the Narrows leading into the harbour. With only twenty-three men, the valiant Martin beat off an attack by three Dutch warships. The English government planned to expand these fortifications (Fort William) in around 1689, but actual construction didn't begin until after the French admiral Pierre Le Moyne d'Iberville captured and destroyed the town in the Avalon Peninsula Campaign (1696). When 1500 English reinforcements arrived in late 1697 they found nothing but rubble where the town and fortifications had stood.
St. John's was the starting point for the first non-stop transatlantic aircraft flight, by Alcock and Brown in a modified Vickers Vimy IV bomber, in June 1919, departing from Lester's Field in St. John's and ending in a bog near Clifden, Connemara, Ireland. In July 2005, the flight was duplicated by American aviator and adventurer Steve Fossett in a replica Vickers Vimy aircraft, with St. John's International Airport substituting for Lester's Field (now an urban and residential part of the city).
St. John's, and the province as a whole, was gravely affected in the 1990s by the collapse of the Northern cod fishery, which had been the driving force of the provincial economy for hundreds of years. After a decade of high unemployment rates and depopulation, the city's proximity to the Hibernia, Terra Nova and White Rose oil fields has led to an economic boom that has spurred population growth and commercial development. As a result, the St. John's area now accounts for about half of the province's economic output.
St. John's is located along the coast of the Atlantic Ocean, on the northeast of the Avalon Peninsula in southeast Newfoundland. The city covers an area of 446.04 square kilometres (172.22 sq mi) and is the most easterly city in North America, excluding Greenland; it is 295 miles (475 km) closer to London, England than it is to Edmonton, Alberta. The city of St. John's is located at a distance by air of 3,636 kilometres (2,259 mi) from Lorient, France which lies on a nearly precisely identical latitude across the Atlantic on the French western coast. The city is the largest in the province and the second largest in the Atlantic Provinces after Halifax, Nova Scotia. Its downtown area lies to the west and north of St. John's Harbour, and the rest of the city expands from the downtown to the north, south, east and west.
St. John's has a humid continental climate (Köppen Dfb), with lower seasonal variation than normal for the latitude, which is due to Gulf Stream moderation. However, despite this maritime moderation, average January high temperatures are actually slightly colder in St. John's than it is in Kelowna, British Columbia, which is an inland city that is near the more marine air of the Pacific, demonstrating the cold nature of Eastern Canada. Mean temperatures range from −4.9 °C (23.2 °F) in February to 16.1 °C (61.0 °F) in August, showing somewhat of a seasonal lag in the climate. The city is also one of the areas of the country most prone to tropical cyclone activity, as it is bordered by the Atlantic Ocean to the east, where tropical storms (and sometimes hurricanes) travel from the United States. The city is one of the rainiest in Canada outside of coastal British Columbia. This is partly due to its propensity for tropical storm activity as well as moist, Atlantic air frequently blowing ashore and creating precipitation.
Of major Canadian cities, St. John's is the foggiest (124 days), windiest (24.3 km/h (15.1 mph) average speed), and cloudiest (1,497 hours of sunshine). St. John's experiences milder temperatures during the winter season in comparison to other Canadian cities, and has the mildest winter for any Canadian city outside of British Columbia. Precipitation is frequent and often heavy, falling year round. On average, summer is the driest season, with only occasional thunderstorm activity, and the wettest months are from October to January, with December the wettest single month, with nearly 165 millimetres of precipitation on average. This winter precipitation maximum is quite unusual for humid continental climates, which most commonly have a late spring or early summer precipitation maximum (for example, most of the Midwestern U.S.). Most heavy precipitation events in St. John's are the product of intense mid-latitude storms migrating from the Northeastern U.S. and New England states, and these are most common and intense from October to March, bringing heavy precipitation (commonly 4 to 8 centimetres of rainfall equivalent in a single storm), and strong winds. In winter, two or more types of precipitation (rain, freezing rain, sleet and snow) can fall from passage of a single storm. Snowfall is heavy, averaging nearly 335 centimetres per winter season. However, winter storms can bring changing precipitation types. Heavy snow can transition to heavy rain, melting the snow cover, and possibly back to snow or ice (perhaps briefly) all in the same storm, resulting in little or no net snow accumulation. Snow cover in St. John's is variable, and especially early in the winter season, may be slow to develop, but can extend deeply into the spring months (March, April). The St. John's area is subject to freezing rain (called "silver thaws"), the worst of which paralyzed the city over a three-day period in April 1984.
Starting as a fishing outpost for European fishermen, St. John's consisted mostly of the homes of fishermen, sheds, storage shacks, and wharves constructed out of wood. Like many other cities of the time, as the Industrial Revolution took hold and new methods and materials for construction were introduced, the landscape changed as the city grew in width and height. The Great Fire of 1892 destroyed most of the downtown core, and most residential and other wood-frame buildings date from this period.
Often compared to San Francisco due to the hilly terrain and steep maze of residential streets, housing in St. John's is typically painted in bright colours. The city council has implemented strict heritage regulations in the downtown area, including restrictions on the height of buildings. These regulations have caused much controversy over the years. With the city experiencing an economic boom a lack of hotel rooms and office space has seen proposals put forward that do not meet the current height regulations. Heritage advocates argue that the current regulations should be enforced while others believe the regulations should be relaxed to encourage economic development.
To meet the need for more office space downtown without compromising the city's heritage, the city council amended heritage regulations, which originally restricted height to 15 metres in the area of land on Water Street between Bishop's Cove and Steer's Cove, to create the "Commercial Central Retail – West Zone". The new zone will allow for buildings of greater height. A 47-metre, 12-storey office building, which includes retail space and a parking garage, was the first building to be approved in this area.
As of the 2006 Census, there were 100,646 inhabitants in St. John's itself, 151,322 in the urban area and 181,113 in the St. John's Census Metropolitan Area (CMA). Thus, St. John's is Newfoundland and Labrador's largest city and Canada's 20th largest CMA. Apart from St. John's, the CMA includes 12 other communities: the city of Mount Pearl and the towns of Conception Bay South, Paradise, Portugal Cove-St. Philip's, Torbay, Logy Bay-Middle Cove-Outer Cove, Pouch Cove, Flatrock, Bay Bulls, Witless Bay, Petty Harbour-Maddox Cove and Bauline. The population of the CMA was 192,326 as of 1 July 2010.
Predominantly Christian, the population of St. John's was once divided along sectarian (Catholic/Protestant) lines. In recent years, this sectarianism has declined significantly, and is no longer a commonly acknowledged facet of life in St. John's. St. John's is the seat of the Roman Catholic Archbishop of St. John's, and the Anglican Bishop of Eastern Newfoundland and Labrador. All major Christian sects showed a decline from 2001–2011 with a large increase in those with no religion from 3.9% to 11.1%.
St. John's economy is connected to both its role as the provincial capital of Newfoundland and Labrador and to the ocean. The civil service which is supported by the federal, provincial and municipal governments has been the key to the expansion of the city's labour force and to the stability of its economy, which supports a sizable retail, service and business sector. The provincial government is the largest employer in the city, followed by Memorial University. With the collapse of the fishing industry in Newfoundland and Labrador in the 1990s, the role of the ocean is now tied to what lies beneath it – oil and gas – as opposed to what swims in or travels across it. The city is the centre of the oil and gas industry in Eastern Canada and is one of 19 World Energy Cities. ExxonMobil Canada is headquartered in St. John's and companies such as Chevron, Husky Energy, Suncor Energy and Statoil have major regional operations in the city. Three major offshore oil developments, Hibernia, Terra Nova and White Rose, are in production off the coast of the city and a fourth development, Hebron, is expected to be producing oil by 2017.
The economy has been growing quickly in recent years. In both 2010 and 2011, the metro area's gross domestic product (GDP) led 27 other metropolitan areas in the country, according to the Conference Board of Canada, recording growth of 6.6 per cent and 5.8 per cent respectively. At $52,000 the city's per capita GDP is the second highest out of all major Canadian cities. Economic forecasts suggest that the city will continue its strong economic growth in the coming years not only in the "oceanic" industries mentioned above, but also in tourism and new home construction as the population continues to grow. In May 2011, the city's unemployment rate fell to 5.6 per cent, the second lowest unemployment rate for a major city in Canada.
The LSPU Hall is home to the Resource Centre for the Arts. The "Hall" hosts a vibrant and diverse arts community and is regarded as the backbone of artistic infrastructure and development in the downtown. The careers of many well-known Newfoundland artists were launched there including Rick Mercer, Mary Walsh, Cathy Jones, Andy Jones and Greg Thomey. The St. John's Arts and Culture Centre houses an art gallery, libraries and a 1000-seat theatre, which is the city's major venue for entertainment productions.
Pippy Park is an urban park located in the east end of the city; with over 3,400 acres (14 km2) of land, it is one of Canada's largest urban parks. The park contains a range of recreational facilities including two golf courses, Newfoundland and Labrador's largest serviced campground, walking and skiing trails as well as protected habitat for many plants and animals. Pippy Park is also home to the Fluvarium, an environmental education centre which offers a cross section view of Nagle's Hill Brook.
Bannerman Park is a Victorian-style park located near the downtown. The park was officially opened in 1891 by Sir Alexander Bannerman, Governor of the Colony of Newfoundland who donated the land to create the park. Today the park contains a public swimming pool, playground, a baseball diamond and many large open grassy areas. Bannerman Park plays host to many festivals and sporting events, most notably the Newfoundland and Labrador Folk Festival and St. John's Peace-a-chord. The park is also the finishing location for the annual Tely 10 Mile Road Race.
Signal Hill is a hill which overlooks the city of St. John's. It is the location of Cabot Tower which was built in 1897 to commemorate the 400th anniversary of John Cabot's discovery of Newfoundland, and Queen Victoria's Diamond Jubilee. The first transatlantic wireless transmission was received here by Guglielmo Marconi on 12 December 1901. Today, Signal Hill is a National Historic Site of Canada and remains incredibly popular amongst tourists and locals alike; 97% of all tourists to St. John's visit Signal Hill. Amongst its popular attractions are the Signal Hill Tattoo, showcasing the Royal Newfoundland Regiment of foot, c. 1795, and the North Head Trail which grants an impressive view of the Atlantic Ocean and the surrounding coast.
The rugby union team The Rock is the Eastern Canadian entry in the Americas Rugby Championship. The Rock play their home games at Swilers Rugby Park, as did the Rugby Canada Super League champions for 2005 and 2006, the Newfoundland Rock. The city hosted a Rugby World Cup qualifying match between Canada and the USA on 12 August 2006, where the Canadians heavily defeated the USA 56–7 to qualify for the 2007 Rugby World Cup finals in France. The 2007 age-grade Rugby Canada National Championship Festival was held in the city.
St. John's served as the capital city of the Colony of Newfoundland and the Dominion of Newfoundland before Newfoundland became Canada's tenth province in 1949. The city now serves as the capital of Newfoundland and Labrador, therefore the provincial legislature is located in the city. The Confederation Building, located on Confederation Hill, is home to the House of Assembly along with the offices for the Members of the House of Assembly (MHAs) and Ministers. The city is represented by ten MHAs, four who are members of the governing Progressive Conservative Party, three that belong to the New Democratic Party (NDP), and three that belong to the Liberal Party. Lorraine Michael, leader of the NDP since 2006, represents the district of Signal Hill-Quidi Vidi.
St. John's has traditionally been one of the safest cities in Canada to live; however, in recent years crime in the city has steadily increased. While nationally crime decreased by 4% in 2009, the total crime rate in St. John's saw an increase of 4%. During this same time violent crime in the city decreased 6%, compared to a 1% decrease nationally. In 2010 the total crime severity index for the city was 101.9, an increase of 10% from 2009 and 19.2% above the national average. The violent crime severity index was 90.1, an increase of 29% from 2009 and 1.2% above the national average. St. John's had the seventh-highest metropolitan crime index and twelfth-highest metropolitan violent crime index in the country in 2010.
St. John's is served by St. John's International Airport (YYT), located 10 minutes northwest of the downtown core. In 2011, roughly 1,400,000 passengers travelled through the airport making it the second busiest airport in Atlantic Canada in passenger volume. Regular destinations include Halifax, Montreal, Ottawa, Toronto, as well as destinations throughout the province. International locations include Dublin, London, New York City, Saint Pierre and Miquelon, Glasgow and Varadero. Scheduled service providers include Air Canada, Air Canada Jazz, Air Saint-Pierre, Air Transat, United Airlines, Porter Airlines, Provincial Airlines, Sunwing Airlines and Westjet.
St. John's is the eastern terminus of the Trans-Canada Highway, one of the longest national highways in the world. The divided highway, also known as "Outer Ring Road" in the city, runs just outside the main part of the city, with exits to Pitts Memorial Drive, Topsail Road, Team Gushue Highway, Thorburn Road, Allandale Road, Portugal Cove Road and Torbay Road, providing relatively easy access to neighbourhoods served by those streets. Pitts Memorial Drive runs from Conception Bay South, through the city of Mount Pearl and into downtown St. John's, with interchanges for Goulds, Water Street and Hamilton Avenue-New Gower Street.
Metrobus Transit is responsible for public transit in the region. Metrobus has a total of 19 routes, 53 buses and an annual ridership of 3,014,073. Destinations include the Avalon Mall, The Village Shopping Centre, Memorial University, Academy Canada, the College of the North Atlantic, the Marine Institute, the Confederation Building, downtown, Stavanger Drive Business Park, Kelsey Drive, Goulds, Kilbride, Shea Heights, the four hospitals in the city as well as other important areas in St. John's and Mount Pearl.
St. John's is served by the Eastern School District, the largest school district in Newfoundland and Labrador by student population. There are currently 36 primary, elementary and secondary schools in the city of St. John's, including three private schools. St. John's also includes one school that is part of the province-wide Conseil Scolaire Francophone (CSF), the Francophone public school district. It also contains two private schools, St. Bonaventure's College and Lakecrest Independent. Atlantic Canada's largest university, Memorial University of Newfoundland (MUN), is located in St. John's. MUN provides comprehensive education and grants degrees in several fields and its historical strengths in engineering, business, geology, and medicine, make MUN one of the top comprehensive universities in Canada. The Fisheries and Marine Institute of Memorial University of Newfoundland (MI) or simply Marine Institute, is a post-secondary ocean and marine polytechnic located in St. John's and is affiliated with Memorial University of Newfoundland. MUN also offers the lowest tuition in Canada ($2,644, per Academic Year)
CJON-DT, known on air as "NTV", is an independent station. The station sublicenses entertainment programming from Global and news programming from CTV and Global, rather than purchasing primary broadcast rights. Rogers Cable has its provincial headquarters in St. John's, and their community channel Rogers TV airs local shows such as Out of the Fog and One Chef One Critic. CBC has its Newfoundland and Labrador headquarters in the city and their television station CBNT-DT broadcasts from University Avenue.
The city is home to 15 am and FM radio stations, two of which are French-language stations. St. John's is the only Canadian city served by radio stations whose call letters do not all begin with the letter C. The ITU prefix VO was assigned to the Dominion of Newfoundland before the province joined Canadian Confederation in 1949, and three AM stations kept their existing call letters. However, other commercial radio stations in St. John's which went to air after 1949 use the same range of prefixes (CF–CK) currently in use elsewhere in Canada, with the exception of VOCM-FM, which was permitted to adopt the VOCM callsign because of its corporate association with the AM station that already bore that callsign. VO also remains in use in amateur radio.
The console was first officially announced at E3 2005, and was released at the end of 2006. It was the first console to use Blu-ray Disc as its primary storage medium. The console was the first PlayStation to integrate social gaming services, included it being the first to introduce Sony's social gaming service, PlayStation Network, and its remote connectivity with PlayStation Portable and PlayStation Vita, being able to remote control the console from the devices. In September 2009, the Slim model of the PlayStation 3 was released, being lighter and thinner than the original version, which notably featured a redesigned logo and marketing design, as well as a minor start-up change in software. A Super Slim variation was then released in late 2012, further refining and redesigning the console. As of March 2016, PlayStation 3 has sold 85 million units worldwide. Its successor, the PlayStation 4, was released later in November 2013.
Sony officially unveiled PlayStation 3 (then marketed as PLAYSTATION 3) to the public on May 16, 2005, at E3 2005, along with a 'boomerang' shaped prototype design of the Sixaxis controller. A functional version of the system was not present there, nor at the Tokyo Game Show in September 2005, although demonstrations (such as Metal Gear Solid 4: Guns of the Patriots) were held at both events on software development kits and comparable personal computer hardware. Video footage based on the predicted PlayStation 3 specifications was also shown (notably a Final Fantasy VII tech demo).
The initial prototype shown in May 2005 featured two HDMI ports, three Ethernet ports and six USB ports; however, when the system was shown again a year later at E3 2006, these were reduced to one HDMI port, one Ethernet port and four USB ports, presumably to cut costs. Two hardware configurations were also announced for the console: a 20 GB model and a 60 GB model, priced at US$499 (€499) and US$599 (€599), respectively. The 60 GB model was to be the only configuration to feature an HDMI port, Wi-Fi internet, flash card readers and a chrome trim with the logo in silver. Both models were announced for a simultaneous worldwide release: November 11, 2006, for Japan and November 17, 2006, for North America and Europe.
On September 6, 2006, Sony announced that PAL region PlayStation 3 launch would be delayed until March 2007, because of a shortage of materials used in the Blu-ray drive. At the Tokyo Game Show on September 22, 2006, Sony announced that it would include an HDMI port on the 20 GB system, but a chrome trim, flash card readers, silver logo and Wi-Fi would not be included. Also, the launch price of the Japanese 20 GB model was reduced by over 20%, and the 60 GB model was announced for an open pricing scheme in Japan. During the event, Sony showed 27 playable PS3 games running on final hardware.
The console was originally planned for a global release through November, but at the start of September the release in Europe and the rest of the world was delayed until March. With it being a somewhat last-minute delay, some companies had taken deposits for pre-orders, at which Sony informed customers that they were eligible for full refunds or could continue the pre-order. On January 24, 2007, Sony announced that PlayStation 3 would go on sale on March 23, 2007, in Europe, Australia, the Middle East, Africa and New Zealand. The system sold about 600,000 units in its first two days. On March 7, 2007, the 60 GB PlayStation 3 launched in Singapore with a price of S$799. The console was launched in South Korea on June 16, 2007, as a single version equipped with an 80 GB hard drive and IPTV.
Following speculation that Sony was working on a 'slim' model, Sony officially announced the PS3 CECH-2000 model on August 18, 2009, at the Sony Gamescom press conference. New features included a slimmer form factor, decreased power consumption, and a quieter cooling system. It was released in major territories by September 2009. As part of the release for the slim model, the console logo ceased using the "Spider-Man font" (the same font used for the title of Sony's Spider-Man 3) and the capitalized PLAYSTATION 3. It instead reverted to a more traditional PlayStation- and PlayStation 2-like 'PlayStation 3' logo with "PS3" imprinted on the console. Along with the redesigning of the console and logo, the boot screen of all consoles changed from "Sony Computer Entertainment" to "PS3 PlayStation 3", with a new chime and the game start splash screen being dropped. The cover art and packaging of games was also changed.
In September 2012 at the Tokyo Game Show, Sony announced that a new, slimmer PS3 redesign (CECH-4000) was due for release in late 2012 and that it would be available with either a 250 GB or 500 GB hard drive. Three versions Super Slim model were revealed: one with a 500 GB hard drive, a second with a 250 GB hard drive which is not available in PAL regions, and a third with a 12 GB flash storage that was only available in PAL regions. The storage of 12 GB model is upgradable with an official standalone 250 GB hard drive. A vertical stand was also released for the model. In the United Kingdom, the 500 GB model was released on September 28, 2012; and the 12 GB model was released on October 12, 2012. In the United States, the PS3 Super Slim was first released as a bundled console. The 250 GB was model was bundled with Game of the Year edition of Uncharted 3: Drake's Deception and released on September 25, 2012; and the 500 GB model was bundled with Assassin's Creed III and released on October 30, 2012. In Japan, the black colored Super Slim model was released on October 4, 2012; and the white colored Super Slim model was released on November 22, 2012. The Super Slim model is 20 percent smaller and 25 percent lighter than the Slim model and features a manual sliding disc cover instead of a motorized slot-loading disc cover of the Slim model. The white colored Super Slim model was released in the United States on January 27, 2013 as part of the Instant Game Collection Bundle. The Garnet Red and Azurite Blue colored models were launched in Japan on February 28, 2013. The Garnet Red version was released in North America on March 12, 2013 as part of the God of War: Ascension bundle with 500 GB storage and contained God of War: Ascension as well as the God of War Saga. The Azurite Blue model was released as a GameStop exclusive with 250GB storage.
PlayStation 3 launched in North America with 14 titles, with another three being released before the end of 2006. After the first week of sales it was confirmed that Resistance: Fall of Man from Insomniac Games was the top-selling launch game in North America. The game was heavily praised by numerous video game websites, including GameSpot and IGN, both of whom awarded it their PlayStation 3 Game of the Year award for 2006. Some titles missed the launch window and were delayed until early 2007, such as The Elder Scrolls IV: Oblivion, F.E.A.R. and Sonic the Hedgehog. During the Japanese launch, Ridge Racer 7 was the top-selling game, while Mobile Suit Gundam: Crossfire also fared well in sales, both of which were offerings from Namco Bandai Games. PlayStation 3 launched in Europe with 24 titles, including ones that were not offered in North American and Japanese launches, such as Formula One Championship Edition, MotorStorm and Virtua Fighter 5. Resistance: Fall of Man and MotorStorm were the most successful titles of 2007, and both games subsequently received sequels in the form of Resistance 2 and MotorStorm: Pacific Rift.
At E3 2007, Sony was able to show a number of their upcoming video games for PlayStation 3, including Heavenly Sword, Lair, Ratchet & Clank Future: Tools of Destruction, Warhawk and Uncharted: Drake's Fortune; all of which were released in the third and fourth quarters of 2007. They also showed off a number of titles that were set for release in 2008 and 2009; most notably Killzone 2, Infamous, Gran Turismo 5 Prologue, LittleBigPlanet and SOCOM: U.S. Navy SEALs Confrontation. A number of third-party exclusives were also shown, including the highly anticipated Metal Gear Solid 4: Guns of the Patriots, alongside other high-profile third-party titles such as Grand Theft Auto IV, Call of Duty 4: Modern Warfare, Assassin's Creed, Devil May Cry 4 and Resident Evil 5. Two other important titles for PlayStation 3, Final Fantasy XIII and Final Fantasy Versus XIII, were shown at TGS 2007 in order to appease the Japanese market.
Sony have since launched their budget range of PlayStation 3 titles, known as the Greatest Hits range in North America, the Platinum range in Europe and Australia and The Best range in Japan. Among the titles available in the budget range include Resistance: Fall of Man, MotorStorm, Uncharted: Drakes Fortune, Rainbow Six: Vegas, Call Of Duty 3, Assassin's Creed and Ninja Gaiden Sigma. As of October 2009 Metal Gear Solid 4: Guns of the Patriots, Ratchet & Clank Future: Tools of Destruction, Devil May Cry 4, Army of Two, Battlefield: Bad Company and Midnight Club: Los Angeles have also joined the list.
In December 2008, the CTO of Blitz Games announced that it would bring stereoscopic 3D gaming and movie viewing to Xbox 360 and PlayStation 3 with its own technology. This was first demonstrated publicly on PS3 using Sony's own technology in January 2009 at the Consumer Electronics Show. Journalists were shown Wipeout HD and Gran Turismo 5 Prologue in 3D as a demonstration of how the technology might work if it is implemented in the future. Firmware update 3.30 officially allowed PS3 titles to be played in 3D, requiring a compatible display for use. System software update 3.50 prepared it for 3D films. While the game itself must be programmed to take advantage of the 3D technology, titles may be patched to add in the functionality retroactively. Titles with such patches include Wipeout HD, Pain, and Super Stardust HD.
PS3's hardware has also been used to build supercomputers for high-performance computing. Fixstars Solutions sells a version of Yellow Dog Linux for PlayStation 3 (originally sold by Terra Soft Solutions). RapidMind produced a stream programming package for PS3, but were acquired by Intel in 2009. Also, on January 3, 2007, Dr. Frank Mueller, Associate Professor of Computer science at NCSU, clustered 8 PS3s. Mueller commented that the 256 MB of system RAM is a limitation for this particular application and is considering attempting to retrofit more RAM. Software includes: Fedora Core 5 Linux ppc64, MPICH2, OpenMP v 2.5, GNU Compiler Collection and CellSDK 1.1. As a more cost-effective alternative to conventional supercomputers, the U.S. military has purchased clusters of PS3 units for research purposes. Retail PS3 Slim units cannot be used for supercomputing, because PS3 Slim lacks the ability to boot into a third-party OS.
PlayStation 3 uses the Cell microprocessor, designed by Sony, Toshiba and IBM, as its CPU, which is made up of one 3.2 GHz PowerPC-based "Power Processing Element" (PPE) and eight Synergistic Processing Elements (SPEs). The eighth SPE is disabled to improve chip yields. Only six of the seven SPEs are accessible to developers as the seventh SPE is reserved by the console's operating system. Graphics processing is handled by the NVIDIA RSX 'Reality Synthesizer', which can produce resolutions from 480i/576i SD up to 1080p HD. PlayStation 3 has 256 MB of XDR DRAM main memory and 256 MB of GDDR3 video memory for the RSX.
At its press conference at the 2007 Tokyo Game Show, Sony announced DualShock 3 (trademarked DUALSHOCK 3), a PlayStation 3 controller with the same function and design as Sixaxis, but with vibration capability included. Hands-on accounts describe the controller as being noticeably heavier than the standard Sixaxis controller and capable of vibration forces comparable to DualShock 2. It was released in Japan on November 11, 2007; in North America on April 5, 2008; in Australia on April 24, 2008; in New Zealand on May 9, 2008; in mainland Europe on July 2, 2008, and in the United Kingdom and Ireland on July 4, 2008.
The standard PlayStation 3 version of the XrossMediaBar (pronounced Cross Media Bar, or abbreviated XMB) includes nine categories of options. These are: Users, Settings, Photo, Music, Video, TV/Video Services, Game, Network, PlayStation Network and Friends (similar to the PlayStation Portable media bar). TheTV/Video Services category is for services like Netflix and/or if PlayTV or torne is installed; the first category in this section is "My Channels", which lets users download various streaming services, including Sony's own streaming services Crackle and PlayStation Vue. By default, the What's New section of PlayStation Network is displayed when the system starts up. PS3 includes the ability to store various master and secondary user profiles, manage and explore photos with or without a musical slide show, play music and copy audio CD tracks to an attached data storage device, play movies and video files from the hard disk drive, an optical disc (Blu-ray Disc or DVD-Video) or an optional USB mass storage or Flash card, compatibility for a USB keyboard and mouse and a web browser supporting compatible-file download function. Additionally, UPnP media will appear in the respective audio/video/photo categories if a compatible media server or DLNA server is detected on the local network. The Friends menu allows mail with emoticon and attached picture features and video chat which requires an optional PlayStation Eye or EyeToy webcam. The Network menu allows online shopping through the PlayStation Store and connectivity to PlayStation Portable via Remote Play.
PlayStation 3 console protects certain types of data and uses digital rights management to limit the data's use. Purchased games and content from the PlayStation Network store are governed by PlayStation's Network Digital Rights Management (NDRM). The NDRM allows users to access the data from up to 2 different PlayStation 3's that have been activated using a user's PlayStation Network ID. PlayStation 3 also limits the transfer of copy protected videos downloaded from its store to other machines and states that copy protected video "may not restore correctly" following certain actions after making a backup such as downloading a new copy protected movie.
Photo Gallery is an optional application to view, create and group photos from PS3, which is installed separately from the system software at 105 MB. It was introduced in system software version 2.60 and provides a range of tools for sorting through and displaying the system's pictures. The key feature of this application is that it can organize photos into groups according to various criteria. Notable categorizations are colors, ages, or facial expressions of the people in the photos. Slideshows can be viewed with the application, along with music and playlists. The software was updated with the release of system software version 3.40 allowing users to upload and browse photos on Facebook and Picasa.
Since June 2009 VidZone has offered a free music video streaming service in Europe, Australia and New Zealand. In October 2009, Sony Computer Entertainment and Netflix announced that the Netflix streaming service would also be available on PlayStation 3 in the United States. A paid Netflix subscription was required for the service. The service became available in November 2009. Initially users had to use a free Blu-ray disc to access the service; however, in October 2010 the requirement to use a disc to gain access was removed.
The 'OtherOS' functionality was not present in the updated PS Slim models, and the feature was subsequently removed from previous versions of the PS3 as part of the machine's firmware update version 3.21 which was released on April 1, 2010; Sony cited security concerns as the rationale. The firmware update 3.21 was mandatory for access to the PlayStation Network. The removal caused some controversy; as the update removed officially advertised features from already sold products, and gave rise to several class action lawsuits aimed at making Sony return the feature or provide compensation.
On March 1, 2010 (UTC), many of the original "fat" PlayStation 3 models worldwide were experiencing errors related to their internal system clock. The error had many symptoms. Initially, the main problem seemed to be the inability to connect to the PlayStation Network. However, the root cause of the problem was unrelated to the PlayStation Network, since even users who had never been online also had problems playing installed offline games (which queried the system timer as part of startup) and using system themes. At the same time many users noted that the console's clock had gone back to December 31, 1999. The event was nicknamed the ApocalyPS3, a play on the word apocalypse and PS3, the abbreviation for the PlayStation 3 console.
Sony confirmed that there was an error and stated that they were narrowing down the issue and were continuing to work to restore service. By March 2 (UTC), 2010, owners of original PS3 models could connect to PSN successfully and the clock no longer showed December 31, 1999. Sony stated that the affected models incorrectly identified 2010 as a leap year, because of a bug in the BCD method of storing the date. However, for some users, the hardware's operating system clock (mainly updated from the internet and not associated with the internal clock) needed to be updated manually or by re-syncing it via the internet.
PlayStation Portable can connect with PlayStation 3 in many ways, including in-game connectivity. For example, Formula One Championship Edition, a racing game, was shown at E3 2006 using a PSP as a real-time rear-view mirror. In addition, users are able to download original PlayStation format games from the PlayStation Store, transfer and play them on PSP as well as PS3 itself. It is also possible to use the Remote Play feature to play these and some PlayStation Network games, remotely on PSP over a network or internet connection.
PlayStation Network is the unified online multiplayer gaming and digital media delivery service provided by Sony Computer Entertainment for PlayStation 3 and PlayStation Portable, announced during the 2006 PlayStation Business Briefing meeting in Tokyo. The service is always connected, free, and includes multiplayer support. The network enables online gaming, the PlayStation Store, PlayStation Home and other services. PlayStation Network uses real currency and PlayStation Network Cards as seen with the PlayStation Store and PlayStation Home.

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