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Monday, August 5, 2013
PA TV song calls to attack Israel, the "snake's head," with the rifle
Source: http://www.palwatch.org/main.aspx?fi=157&doc_id=9413
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Sunday, August 4, 2013
Iran's Rohani vows not to surrender to sanctions
New Iranian President Hassan Rohani, who took the oath of office today, said US-led sanctions would not deter the country from pursuing its nuclear program.
New Iranian president Hassan Rohani, seen here in June, took his oath of office on Sunday.
Majid Hagdost/Reuters
EnlargePledging moderation at home and ?removing tensions? abroad, Iran?s new President Hassan Rohani took the oath of office before legislators today in Tehran.
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The veteran regime insider who was Iran?s top nuclear negotiator a decade ago vowed to improve the economy and lives of all Iranians.
But it was Rohani?s explicit reference to US-led sanctions and Iran?s controversial nuclear program that drew the loudest applause and will be most closely followed in Washington. As nuclear negotiations over Iran?s program remained deadlocked, both wings of Congress last week took steps to add yet more sanctions, with the House voting overwhelmingly to tighten restrictions.
Iranians will ?safeguard their national interests? and ?cannot be made to surrender through sanctions; such a people cannot be threatened to war and fighting,? said Rohani, according to a simultaneous translation by state-run PressTV. ?The only way for interaction with Iran is a dialogue on an equal footing, confidence-building which should be mutual, and mutual respect as well as reducing antagonism and aggressiveness... I want to clearly express, that if you want the right response [on the nuclear issue], it should not be through the language of sanctions, it should be through the language and discourse of respect,? Rohani said, prompting the loudest applause of his swearing-in speech.
Tasked with restoring the health and credibility of Iran?s Islamic system after eight years of the often-tumultuous presidency of Mahmoud Ahmadinejad, Rohani called on divine guidance to help him solve Iran?s problems. Supreme Leader Ayatollah Khamenei also called for ?maximum cooperation? and support for Rohani?s government from all of Iran?s political factions at a smaller ceremony on Saturday at which Khamenei officially bestowed his endorsement.
But in a reminder this week of who wields ultimate authority in the Islamic Republic, Khamenei also vetoed some of Rohani?s initial cabinet choices. Some of those he rejected served under reformist President Mohammad Khatami, one of the few senior Iranian politicians not to take part in inauguration events, or criticized Khamenei?s violent crackdown on street protests in 2009. Still, through negotiation, Rohani has presented an inclusive cabinet of experienced technocrats who span much of Iran's political spectrum.
?The balance of power has not changed. The Supreme Leader remains the supreme leader, he?s the final arbiter. But he is not as powerful as he was before,? Nazanin Ansari, the diplomatic editor of Kayhan London newspaper, told BBC World Service Radio. ?He is a candidate that is seen inside Iran who has the best chance to take the Islamic Republic out of its current quagmire. And in the West, he is certainly viewed as someone who can open the doors. But he has to prove that he can.?
Rohani's words
Rohani repeatedly referred to his government as one of ?hope and prudence" and said that he would not shy away from tackling ?shortcomings and deficiencies.?
?The respected people of Iran voted for moderation and distancing from extremism,? said Rohani, standing at the flower-bedecked podium inside Iran?s cavernous and futuristic pyramid-style parliament building. ?The threats will be reduced, and the opportunities must be increased. So moderation insists on moral values, and patience, and compromise.?
Those were all attributes in short supply during the presidency of Mr. Ahmadinejad, whose record was harshly criticized even by fellow hardline conservatives during the campaign leading to the June 14 vote. Running as a centrist and promising reform Rohani got the backing of Mr. Khatami and former President Akbar Hashemi Rafsanjani. The new president trounced five conservative candidates and won a surprise first-round victory with just over 50 percent of the vote.
The ascent of Rohani reflects a ?rising rationality and a big tendency toward moderation? in Iran, says a Tehran analyst who asked not to be named. ?Radicalism is no longer accepted in society.?
Yet it remains unclear how that dynamic will affect nuclear talks, or how far Rohani will be able to recalibrate Iran?s approach with the rest of the world. Khamenei has said in recent weeks that he has not blocked nuclear talks or dealing with the US, but that past experience makes him pessimistic because ?Americans are untrustworthy, irrational and dishonest.?
Rohani has a PhD from Scotland, and the candidate he named today for foreign minister ??Mohammad Javad Zarif, Iran?s former United Nations ambassador ? was educated at the University of Denver.?
Presidential limits
While recent Iranian presidents have done much to shape Iran?s political space ??and have been able to convince Khamenei to move one way or another ? they have also always been subject to any limitations Khamenei decided to impose upon them.?
?Over the past two decades, Khamenei has developed several mechanisms to control the presidency and other democratic institutions,? writes Mehdi Khalaji, an Iran specialist at the Washington Institute for Near East Policy, in an analysis this week. ?Tensions between the president and Supreme Leader are inherent in the structure of the regime, regardless of personality or ideology.?
Still, many of the steps that Rohani vows to take are those that Khamenei will share, at least for now after the Ahmadinejad era saw direct challenges to the leader?s own authority.
And today Rohani had his own indirect reminder for Khamenei when he quoted the leader of Iran?s 1979 Islamic revolution, Ayatollah Ruhollah Khomeini, as saying that ?everything must be based on the people?s vote. That?s the benchmark and the yardstick.?
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New Orleans Saints coach Wesley McGriff discusses improving the Saints' secondary: video
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Saturday, August 3, 2013
Google's Android grabs record high global market chunk while Apple iOS slides
Google's Android platform is going strong, with a 65 per cent lead over all other mobile operating systems, according to new stats from Strategy Analytics.
The report tips a growing global smartphone market, up 47 per cent year over year for a total 230 million units shipped in the second quarter.
Android is the greatest benefactor of the uptick, having captured a record 80 per cent share of the global smartphone OS market. Strategy Analytics executive director Neil Mawston chalks the success up to competitive licensing costs, numerous hardware partners, and a large app store.
Meanwhile, Apple's iOS reached a 14 per cent share this quarter ? its lowest level since Q2 2010. Microsoft slipped into third place, with four per cent share ? its highest in three years.
"Microsoft is making steady progress in the smartphone market due to strong support from Nokia," Linda Sui, a Strategy Analytics analyst, said in a statement. "However, we believe Microsoft's WP8 platform still needs to improve in at least two areas before it truly takes off."
The first, she said, is a more competitive license fee charged to manufacturers; Redmond must also dramatically accelerate its support for advanced technologies like octo-core chipsets, which lag behind Android, Siu said.
The "others" category, which includes the BlackBerry OS, dropped from 10 per cent last year to a low three per cent, though the analytics firm offered no explanation for the steep decline.
Smartphone shipments around the world reached a whopping 229.6 million units in the second quarter, compared to 156.5 million at the same time last year.
"Growth was driven by strong demand for Android models across all price-tiers in developed and developing markets, such as the U.S., China, and Brazil," Scott Bicheno, senior analyst with Strategy Analytics, said in a statement.
Earlier this week, we exposed some of the advantages of the oft-criticised fragmented nature of Android, and why Apple is trying to take tips from it.?
Last night, Motorola launched its new flagship Moto X smartphone, running Android 4.2.2.?
Published under license from Ziff Davis, Inc., New York, All rights reserved.
Copyright ? 2012-2013 Ziff Davis, Inc
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Friday, August 2, 2013
Ad Exec Jennifer Rosoff Died When Balcony ... - Business Insider
Ad executive Jennifer Rosoff, 35, died Wednesday night after her 17th-floor balcony railing collapsed in Midtown Manhattan.
She was on the balcony with a friend on their first date.
?[Her date] advised her not to sit on the rail,? said Paul Browne, the NYPD?s chief spokesman. ?She said that she had done it before and wasn?t worried. She didn?t think it was a problem.?
The Department of Buildings issued a vacate order for all balconies and is investigating the accident.
Rosoff was a director of sales at TripleLift, a digital advertising analytics firm. She began five months ago and previously worked at publications including The New Yorker, Lucky, Cosmopolitan, and In Touch.
TripleLift CEO Erica Berry released a statement:
She was a well-loved and highly respected member of our team. Her tremendous energy and humor brought so much joy to the office. The entire company is distraught by the loss of Ms. Rosoff -- she will be deeply missed.
New Yorker publisher Lisa Hughes said,??Jenn was a force to be reckoned with, smart, dynamic and charismatic.?
The New York Times writes:
A friend in the ad sales industry, who requested anonymity because of the delicacy of the situation, said Ms. Rosoff had been a mentor to young people in the field. ?I hate in situations like this when people want to bury saints, but she was a great person,? the friend said. ?I was meeting someone for coffee today and the second they got off the elevator they said: ?I had the worst e-mail. The subject was Jenn Rosoff died.'?
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Kuwait pardons those convicted of offending him
KUWAIT CITY (AP) ? Kuwait's ruler says he is pardoning all those convicted of offending him.
The move is an apparent effort to cool political tensions after last week's parliamentary elections in the Gulf nation.
The official Kuwait News Agency gave no further details on Wednesday about Sheik Sabah Al Ahmed Al Sabah's announcement. It came during a speech for the Islamic holy month of Ramadan.
The ruler said the pardon extends to "all" ? meaning it would apparently apply to jailed opposition figures and online activists.
Over the past two years, dozens of people have been charged with remarks deemed offensive to the emir, which is a crime in Kuwait.
It's part of similar crackdowns around the Gulf Arab states that have brought harsh criticism from rights groups.
Source: http://news.yahoo.com/kuwait-pardons-those-convicted-offending-him-074605039.html
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Thursday, August 1, 2013
It's wedding season! Check out PEOPLE's exclusive shots from John Rzeznik of...
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Sequestration and fuel reserves: Storing carbon dioxide to release liquid fuels
[unable to retrieve full-text content]A technique for trapping the greenhouse gas carbon dioxide deep underground could at the same be used to release the last fraction of natural gas liquids from ailing reservoirs, thus offsetting some of the environmental impact of burning fossil fuels, experts say.
Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/~3/5NNIXseRT7M/130730163140.htm
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Former Bear Stearns Executives Seemingly Unscathed By Financial Crisis They Helped Trigger
Before Lehman crashed, there was ?The Bear.?
Bear Stearns, once the nation?s fifth-largest investment bank, had been a fixture on Wall Street since 1923 and had survived the crash of 1929 without laying off any employees.
But in 2008, its customers and creditors didn?t much care about its storied history. They were worried that the billions of dollars of mortgage-backed securities on its books weren?t worth what the company claimed. En masse, they stopped doing business with Bear.
Within a few days, on Monday, March 17, Bear was gone ? subsumed into JPMorgan Chase & Co. with the help of the Federal Reserve for a price that was approximately the value of its shiny new Madison Avenue office tower alone.
Bear Stearns failed largely because it had spent the previous five years gorging on subprime mortgages in what appeared to be an ever-rising housing market. When home prices started falling and those loans started to go bad, Bear?s creditors got scared and pulled their money out of the investment bank.
The demise of the 85-year-old firm was just a harbinger of what was to come. Six months later, Lehman Brothers collapsed under the weight of its own mortgage securities, sending first the financial system, and then the entire global economy, into a tailspin from which it hasn?t yet fully recovered.
Five years later, the executives that were in charge of Bear?s headlong dive into the cesspool of subprime mortgage lending hold similar jobs at the most powerful banks on Wall Street: JPMorgan, Goldman Sachs, Bank of America and Deutsche Bank.
The fact they were able to emerge unscathed from a financial crisis that wiped out $19.2 trillion of household wealth in the US and as many as 8.8 million jobs has become part of the legacy of the financial meltdown.
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?The downside is very, very minimal for the people who decide to take risks in these institutions,? said Anat Admati, professor of finance and economics at Stanford Graduate School of Business and co-author of The Bankers? New Clothes: What?s Wrong With Banking and What to Do About It.
?It?s clear that the ones at the top got the most in terms of compensation and suffered few consequences from these decisions,? she added.
Four of the executives, Thomas Marano, Jeffrey Verschleiser, Michael Nierenberg and Jeffrey Mayer, have been accused of making false statements in disclosures to federal regulators in a lawsuit brought by the Federal Housing Finance Agency, which oversees government-owned mortgage giants Fannie Mae and Freddie Mac. They are among dozens of people and companies named in the lawsuit.
All four denied all the lawsuit?s allegations in a 179-page response to the lawsuit.
The four "deny that the offering documents referenced contained material misstatements of fact or omissions of material facts," according to the answer jointly filed by the Bear Stearns companies and the individual defendants from Bear.
Two other mortgage division leaders, Mary Haggerty and Baron Silverstein, were not named defendants in the lawsuit.
AMBAC Assurance Corp., a company that guaranteed some of Bear?s mortgage bonds and went bankrupt in 2010, accused Bear of fraud in a separate lawsuit that described actions by the six mortgage division leaders. AMBAC emerged from bankruptcy in May.
Yet all six continue to work at the top levels of their field, earning salaries and bonuses that have allowed them to live in luxury while the mortgages that made up the bonds they sold have defaulted at alarming rates.
?How is it that we could say that we learned something from the last crisis when we still have the same people running our companies for the future?? asked Jordan Thomas, a former attorney for the Securities and Exchange Commission who now runs the whistleblower practice at Labaton Sucharow in New York.
Four years, $29 million
Thomas Marano, who led Bear?s mortgage finance division, is perhaps the most telling example.
In the past four years he earned more than $29 million as head of Residential Capital, LLC, the mortgage subsidiary of the former General Motors Acceptance Corp. (GMAC), which was bailed out by the government during the financial crisis. ResCap filed for bankruptcy last year.
As global head of mortgages, asset-backed securities and commercial mortgage-backed securities at Bear Stearns, he oversaw the underwriting and securitization of subprime loans from Bear?s mortgage subsidiary EMC Mortgage Corp.
His division oversaw the mortgage operation from start to finish. EMC would make or purchase mortgage loans, then pool thousands of them into mortgage backed securities, register them with the SEC and then sell them to investors.
The FHFA, along with the State of New York, mortgage insurers, and other federal agencies and investors, said in lawsuits that Bear falsely assured investors and insurers in customer disclosures and SEC filings that the loans were subjected to rigorous underwriting standards.
The lawsuits said Marano?s unit was so hungry for new loans to securitize that they let the standards slide and knowingly included bad loans in mortgage pools.
Marano personally signed the SEC filings on at least $8.7 billion worth of residential mortgage-backed securities sold to Fannie Mae and Freddie Mac, according to documents included in the FHFA lawsuit.
?Defendants falsely represented that the underlying mortgage loans complied with certain underwriting guidelines and standards, including representations that significantly overstated the ability of the borrowers to repay their mortgage loans,? the lawsuit states.
Marano, the company and all the other defendants "deny there was an abandonment of reasonable due diligence procedures," according to court documents.
"Individual defendants deny that the securitizations ? contained material misstatements of fact or omissions of fact," the defendants? response to the FHFA complaint filed in court reads.
Marano also directed executives to withhold "every fee" from credit rating agencies that had lowered the ratings on the firm?s mortgages bonds, according to the AMBAC complaint.
By July 2011, between 30 percent and 68 percent of the loans behind the securities Marano signed were delinquent, in default or foreclosed, according to figures the FHFA included in its lawsuit.
Marano, who has a 4,700-square-foot home in New Jersey and a vacation home in Park City, Utah, declined to comment for this story. He sold the New Jersey house to Old Pike Associates LLC, a limited liability corporation, for $99 in 2002 and the LLC also owns the Utah house. Old Pike?s address is Marano?s home address and the company lists Marano as CEO.
Marano is managing member of another LLC, Old Pike Associates II, LLC, which was formed in March 2012. The company bought a $4.2 million dollar home in Tenafly, N.J., in December 2012, according to public records.
When Bear went under, ?everybody and their brother descended on the place,? looking to hire the best talent, said Chad Dean, managing partner of Integrated Management Resources and a banking recruiter for 11 years.
?Nobody should be surprised that Bear Stearns people are still all over the Street in high-level positions at other firms,? Dean said. ?It?s very competitive. There?s resum?s flying all over the place.?
Sen. Carl Levin, D-Mich., who as chairman of the Permanent Subcommittee on Investigations led some of the most thorough inquiries into the causes of the financial crisis, echoed that.
?Just because Bear Stearns went out of business doesn?t mean everybody who worked for Bear Stearns was incompetent,? he said. He declined to discuss Marano and his colleagues specifically.
Warren Spector, who was co-president of Bear Stearns until he was fired in August 2007, said Marano was seen in the industry as a "rock star."
"He knew the business inside and out, and he could do every job, up and down the line," Spector said. ?He was one of the best managers Bear Stearns ever had.? Spector said he has no knowledge of the specific accusations against Marano in any lawsuits.
One month after Bear?s sale, Marano was scooped up by Cerberus Capital Management, the private equity firm that was a majority shareholder of GMAC. By July, Marano was CEO and chairman of GMAC?s mortgage servicer, ResCap.
ResCap was one of the largest originators of home loans and the fifth-largest servicer of residential mortgage loans in the U.S. before it went bankrupt in 2012. The company had long been making huge bets on subprime mortgages.
Marano was brought in to clean up the mess. It was a difficult task.
When Lehman Brothers went bankrupt in September 2008 and credit markets froze, GMAC was among the companies that needed taxpayer help to survive. The company received a $17.2 billion taxpayer bailout through the Troubled Asset Relief Program (TARP).
Today, GMAC, which renamed itself Ally Financial in 2010, is still 74 percent owned by U.S. taxpayers. It is not clear when it will be able to repay the $13.75 billion it still owes the Treasury.
Because of the TARP bailout, Ally Financial was able to direct $8.6 billion to ResCap during the years Marano was in charge, according to a report by Christy Romero, the special inspector general for the Troubled Asset Relief Program.
Marano?s compensation is known because he was one of the 25 highest paid people at Ally Financial. Under the law, seven companies that received money from the TARP were required to submit their executives? compensation packages to the U.S. Treasury for approval and to disclose them in SEC filings. Special paymaster Patricia Geoghegan approved Marano?s 2012 $8 million compensation ? $6.2 million in salary and $1.8 million in stock options ? just weeks before ResCap filed for Chapter 11 bankruptcy on May 14, 2012.
?There?s absolutely something wrong with executive compensation that gives extraordinary rewards to executives while at the same time shareholders? value is diminishing or destroyed,? said Amy Hillman, dean of the W.P. Carey School of Business at Arizona State University.
Most of ResCap?s bad loans were made before Marano took over the company. However, in 2010, when he had been at the helm almost two years, the firm was accused of improperly rushing through hundreds of thousands of home foreclosures without the proper paperwork.
One employee testified to signing up to 10,000 foreclosure documents a month without personally reviewing the details, making the documents illegitimate.
"Our company?s process for preparing foreclosure affidavits was flawed," Marano testified at a House hearing in November 2010. "There were affidavits signed outside the immediate physical presence of a notary and without direct personal knowledge of the information in the affidavit. These flaws are entirely unacceptable to me."
ResCap, Bank of America, JPMorgan Chase, Wells Fargo, and Citigroup settled for $25 billion with the Justice Department over what became known as the "robo-signing" scandal.
In May Marano resigned as ResCap?s CEO but remained on its board. He told The Wall Street Journal that he was considering starting a hedge fund, a real-estate investment trust, or another mortgage originator and servicer.
Jeffrey Verschleiser
Marano was not the only Bear Stearns mortgage executive to land in a similar role in mortgage finance.
Jeffrey Verschleiser, who reported directly to Marano as head of asset-backed securities, was hired as managing director at Goldman Sachs in 2008 and then promoted to global head of mortgage trading in March 2012.
Andrew Williams, a Goldman Sachs spokesman, declined requests for comment. Verschleiser?s lawyer declined to comment for this story and denied a request to speak to Verschleiser.
According to documents filed in the AMBAC lawsuit, Verschleiser encouraged Bear to short the stock of mortgage bond guarantors ? essentially betting the price would fall ? because he knew they would likely incur losses because of bad loans included in the mortgage pools.
"In less than three weeks we made approximately $55 million on just these two trades," the lawsuit quotes Verschleiser as saying in his annual performance review.
Verschleiser lives in a $10 million Fifth Avenue apartment in New York City in the same building as Barbara Walters. Former Los Angeles Dodgers owner Frank McCourt recently bought the top floor of the building, with a sprawling Central Park view, for $50 million.
Multiple media reports indicate Verschleiser spent upward of $1 million renting out the popular Hotel Jerome in Aspen, Colo., for the weekend of his daughter?s 2012 Bat Mitzvah.
Michael Nierenberg and Baron Silverstein
Michael Nierenberg and Baron Silverstein live in the tony New York City suburb of Port Washington and work together at Bank of America in the divisions that issue mortgage-backed securities and collateralized debt obligations.
Nierenberg led the adjustable rate mortgage and collateralized debt obligation desks at Bear Stearns, which underwrote $36 billion of CDOs in 2006 alone. He?s now head of mortgages and securitized products at Bank of America.
Silverstein, once a senior managing director at Bear and co-head of mortgage finance, stayed at JPMorgan for a time after the acquisition and later moved to Bank of America as managing director in charge of the mortgage finance department.
Silverstein lives in a $3.7 million waterfront home with a tennis court and pool, according to Nassau County, New York records. The $6 million Nierenberg estate includes a tennis court, pool, boathouse, Jacuzzi, and boat dock. Public records show Nierenberg also owns a condo in Boca Raton, Fla.
Nierenberg?s lawyer declined to comment. He and Silverstein declined requests for interviews through Zia Ahmed, a Bank of America spokesman.
Mary Haggerty
Mary Haggerty was a co-head of mortgage finance at Bear.
The FHFA, in its lawsuit, says Haggerty cut back on the due diligence the bank was performing on its mortgage-backed securities. The move was designed "to make us more competitive on bids with larger sub-prime sellers," according to an email Haggerty sent to John Mongelluzo, vice president of due diligence, that is cited in the lawsuit.
Following the merger, Haggerty was retained by JPMorgan as a managing director in the securitized products group. Haggerty declined a request for an interview through JPMorgan spokesman Mark Kornblau. Kornblau also declined to comment on behalf of the company.
Mary Haggerty bought a $950,000 apartment in New York City in 2005, according to the city?s property records.
Jeffrey Mayer
Jeffrey Mayer was co-head of fixed income at Bear Stearns and Marano?s supervisor. His division was responsible for about 45 percent of the bank?s total revenue, mostly from mortgage securitization, according to the January 2011 report of the Financial Crisis Inquiry Commission, a panel created by Congress to investigate the causes of the crisis.
Mayer didn?t respond to an email sent to his office requesting an interview. Mayer?s attorney didn?t respond to requests for comment. Renee Calabro, a Deutsche Bank spokeswoman, declined to comment on his current salary.
Mayer owns a $3.7 million dollar home is Westport, Conn., according to county property records.
After Bear?s demise he was scooped up by Swiss banking giant UBS in 2008 and awarded a nearly identical position. Two years later he jumped to Deutsche Bank, as head of corporate banking and securities in North America.
Feds stay quiet
To date there have been few meaningful prosecutions or regulatory actions against any individuals who were in positions of power during the financial crisis.
The Justice Department unsuccessfully prosecuted two Bear Stearns hedge fund executives for fraud, saying they lied to investors about the health of the funds. Both were acquitted in 2009, and since then the DOJ has declined to criminally charge any top-level Wall Street executives. The SEC has settled cases with a handful of banks, including Goldman Sachs, for sums that come to only a fraction of the companies? quarterly profits.
And in July, the trial of an SEC lawsuit against Goldman trader Fabrice Tourre began. Tourre was a mid-level Goldman Sachs executive who is accused of securities fraud related to the creation and sale of mortgage bond derivatives.
The Financial Industry Regulatory Authority has noted the lawsuits on the broker records of Marano, Mayer, Verschleiser and Nierenberg but none have had their licenses revoked. All four are likely to be covered by Bear Stearns? directors and officers insurance, so any potential judgment or settlement may be paid for them.
?The people [on Wall Street] most responsible have suffered little or not at all,? said Dean Baker, co-director at the Center for Economic and Policy Research, ?You would like to see that they paid some consequence, but they really haven?t.?
The Center for Public Integrity is a non-profit, independent investigative news outlet. For more of its stories on this topic go to publicintegrity.org.
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Tuesday, July 30, 2013
US home prices rise 12.2 percent, best in 6 years
WASHINGTON (AP) ? U.S. home prices jumped 12.2 percent in May compared with a year ago, the biggest annual gain since March 2006. The increase shows the housing recovery is strengthening.
The Standard & Poor's/Case-Shiller 20-city home price index released Tuesday also surged 2.4 percent in May from April. The month-over-month gain nearly matched the 2.6 percent increase in April from March ? the highest on record.
The price increases were widespread. All 20 cities showed gains in May from April and compared with a year ago.
Prices in Dallas and Denver reached the highest level on records dating back to 2000. That marks the first time since the housing bust that any city has reached an all-time high.
Home values are rising as more people are bidding on a scarce supply of houses for sale. Steady price increases, along with stable job gains and historically low mortgage rates, have in turn encouraged more Americans to buy homes.
One concern is that higher mortgage rates could slow home sales. But many economists say rates remain low by historical standards and would need to rise much faster to halt the momentum.
Svenja Gudell, senior economist at Zillow, a home price data provider, said a big reason for the recent price gains is that foreclosed homes make up a smaller proportion of overall sales. Foreclosed homes are usually sold by banks at fire-sale prices.
"Typical home values have appreciated at roughly half this pace for the past several months, which is still very robust," Gudell said.
Gudell said higher mortgage rates and a likely increase in the number of homes for sale in the coming months should slow the pace of price gains and stabilize the housing market.
The index covers roughly half of U.S. homes. It measures prices compared with those in January 2000 and creates a three-month moving average. The May figures are the latest available. They are not adjusted for seasonal variations, so the monthly gains reflect more buying activity over the summer.
Despite the recent gains, home prices are still about 25 percent below the peaks they reached in July 2006. That's a key reason the supply of homes for sale remains low, as many homeowners are waiting to recoup their losses before putting their houses on the market.
Dallas and Denver, the two cities that reached record highs, were not hit hard by the housing bust and therefore didn't experience the sharp price swings like cities in Nevada, Arizona, California and Florida.
In Dallas, prices fell only 11.2 percent from their previous peak in June 2007 through February 2009. That's far less than Las Vegas, where prices plummeted by more than half. Since bottoming out, home prices in Dallas have increased nearly 14 percent.
In Denver, prices dropped 14.3 percent from August 2006 until they also hit bottom in February 2009. Since then, they have risen 17.3 percent.
The biggest price gains are occurring in many of the states that experienced the worst housing bust.
Prices jumped 24.5 percent in San Francisco in May from a year earlier, the largest increase. Las Vegas reported the next biggest gain at 23.3 percent, followed by Phoenix at 20.6 percent. All three remain well below their peak prices.
The smallest yearly gains were in New York, at 3.3 percent, followed by Cleveland with 3.4 percent and Washington, D.C. at 6.5 percent.
Higher home prices help the economy in several ways. They encourage more sellers to put their homes on the market, boosting supply and sustaining the housing recovery. And they make homeowners feel wealthier, encouraging consumers to spend more. Banks are also more willing to provide mortgage loans when homes are appreciating in value.
Mortgage rates have surged since early May, though the increase would have had little impact on the current report. The average rate on a 30-year fixed mortgage has jumped a full percentage point since early May and reached a two-year high of 4.51 percent in late June.
Mortgage rates jumped after Chairman Ben Bernanke said the Federal Reserve could slow its bond-buying program later this year if the economy continues to improve. The Fed's bond purchases have kept long-term interest rates low, encouraging more borrowing and spending.
In recent weeks, Bernanke and other Fed members have stressed that any change in the bond-buying program will depend on the economy's health, not a set calendar date.
Since those comments, interest rates have declined. The average on the 30-year mortgage was 4.31 percent last week.
The Fed begins a two-day policy meeting Tuesday and could clarify its remarks further when the meeting concludes on Wednesday.
Source: http://news.yahoo.com/us-home-prices-rise-12-2-percent-best-130233769.html
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Video: Ford engineer builds haptic shift knob with 3D printer, Xbox controller
Vehicles with manual transmissions have been equipped with shift indicators (illuminated or audible) for decades. While some are used to improve performance, most are designed to encourage more fuel-efficient driving. Regardless of the original objective, nearly all drivers become desensitized or learn to ignore the illuminated lights and arrows after just a few short hours behind the wheel.
Enter Zachary Nelson, a recent MIT graduate and an engineer with Ford. Working at the automaker's Research and Innovation Center in Dearborn, Michigan, Nelson devised a haptic shift knob that vibrates when it's time to select another gear. "I wanted to create something that expands the car's capabilities and improves the experience for the driver," said Nelson. "I decided to use OpenXC to provide a new kind of feedback for the driver through the shift knob."
The process, greatly simplified, has the vehicle transmitting data wirelessly from its on-board diagnostics (OBD) port using a Bluetooth OpenXC adapter. The knob uses the innards of a Microsoft Xbox 360 controller for vibration. "I decided to have a little fun with it and installed an LED display on top that shows the gear position and colored lights that glow from inside at night similar to the ambient lighting in Mustang," adds Nelson.
Overall, it's a rather fascinating idea that you can check out in the video below. The software-driven haptic shift knob allows the driver to keep their eyes on the road, while the vibration can be set to alert one of many different parameters, including optimal fuel efficiency, quickest acceleration, maximum torque, redline shifting and so on, giving it many different uses.
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MaskMe
Hardly a day goes by without news of another organization suffering a data breach involving thousands or even millions of stolen user data records. If your email information appears in the mix, your antispam utility will probably see a spike in pointless mail. Abine's free MaskMe service lets you communicate with retailers, discussion groups, and other websites without ever giving them your actual email address, so they can't lose it in a data breach (or sell it to spammers). As a bonus, it also serves as a simple password manager.
MaskMe installs as an add-on for Firefox or Chrome; support for Safari and Internet Explorer is planned. The only immediately visible sign of MaskMe's presence is a small button on the toolbar.
Levels of Service
Just after installation, MaskMe runs as a local service. Your password data stays on your PC or Mac, and you can check your masked emails by logging in to your MaskMe temporary Inbox online. That arrangement is very secure, but not nearly as convenient as just using your normal email client.
Most users will want to set up email forwarding. In this mode, MaskMe forwards each received message to your actual email address, keeping a copy in the temporary inbox for four hours in case there's a problem with forwarding. Any response to the forwarded message will be automatically tweaked to show the masked email address as the sender. Setting up an email address also lets you have MaskMe fill in your real, unmasked email address, if you desire.
Upgrading from basic MaskMe to MaskMe Online is free. Doing so lets you backup your MaskMe data to the cloud, sync between multiple PCs, and access your data from any computer.
MaskMe Premium, currently in beta, will add a number of very useful features. With a Premium subscription you can sync your MaskMe data to iOS or Android devices and make masked phone calls, so the person you call won't get your actual phone number. Even more impressive is the masked credit card feature, which lets you generate a one-use credit card for each transaction. We'll review MaskMe Premium when its beta period finishes.
Masked Email
Using MaskMe to protect your email account is really, really easy. When you click on a Web form field that asks for an email address, MaskMe pops up a tiny menu window just below the field offering to mask your email. Click the button and it fills in the field with a random email address like "7bf147ea@opayq.com" that's specific to the website in question. If you've set up email forwarding, you'll also get the option to auto-fill your real email address.
When the website sends you mail, it first hits the MaskMe online mailbox and then, assuming you've set up forwarding, moves along to your regular inbox. Here's where it gets interesting. If you ever receive a spam message to one of your masked emails, you can immediately disable that address by clicking a link in the header that MaskMe inserts into the message. You can also review your masked email addresses online and block or un-block any of them with a single click.
In testing, I found a few sites where MaskMe didn't offer to mask my email. If that happens to you, just right-click the entry field and find "Mask My Email" under the MaskMe submenu. It's also possible to enter a domain directly in the MaskMe online console and generate a masked email for that domain.
Of course, MaskMe can't do anything about spammers who've already obtained your actual email address. To get full-scale spam protection, you'd need to create a brand-new email address and remember to always, always mask it.
Source: http://feedproxy.google.com/~r/ziffdavis/pcmag/~3/L3sWJAHa_6Y/0,2817,2422222,00.asp
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Monday, July 29, 2013
Steve Israel: End 5-year fracking fight, let science decide
Few happy as drilling uncertain
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Published: 6:40 PM - 07/28/13
Last updated: 6:47 PM - 07/28/13
Five years after fracking seemed inevitable, its future in New York seems uncertain, at best.
It was July 2008 when then Gov. David Paterson ordered an extensive environmental review of the natural gas extraction technique of hydraulic fracturing, or fracking. That essentially created the fracking moratorium that continues to this day.
But as recently as 2011, it seemed fracking would become a reality.
Gov. Andrew Cuomo's top environmental official, Joe Martens, Department of Environmental Conservation commissioner, told the Times Herald-Record that permits would be issued "as early as 2012, perhaps even in the first half of 2012."
"It can be done safely," he said.
But in the past years, the fierce opposition to fracking has grown ? particularly from influential Cuomo supporters like Robert F. Kennedy, Jr., the governor's ex-brother in law.
So now, the politically wary Cuomo says he'll make a decision by the 2014 elections.
Meanwhile, the divide over fracking grows deeper.
Communities have become so fractured, town hall meetings have turned into shouting matches. Neighbors have turned against neighbors. Fracking even divides families.
Five years into the vicious debate, it's time to do just about the only thing both sides ? and Cuomo ? agree on: Let the science decide.
Instead of waiting for the results of out-of-state health studies, as New York is doing, why not get leaders of both sides together to choose professionals to conduct the state's own impartial health study of fracking. Set a deadline, abide by the results and try to move on.
More than 'business decision'?
There is, however, one thing both sides can agree on.
When two natural gas companies recently terminated their leases with one of the region's largest landowners groups without ever drilling, the losers were the 1,300 families and businesses of the Northern Wayne Property Owners Alliance that had leased more 100,000 acres across from Sullivan County, in Pennsylvania.
The winners were the opponents who fought drilling in the Delaware River corridor.
The stated reason for the withdrawal was "low gas prices," according to a spokesman for Newfield Exploration, which partnered with the Hess Corp. on the leases.
"It was a business decision," said Keith Schmidt of Newfield, who added that his company wants to concentrate on more lucrative oil exploration.
But both sides say there was more to the decision than that.
A leader of the nation's anti-fracking movement, "Gasland" (Parts 1 and 2) director and Pennsylvania resident Josh Fox, says fierce political opposition contributed to the pullout.
That opposition is one reason many say the interstate commission that was supposed to regulate drilling in the corridor ? the Delaware River Basin Commission ? has yet to release its regulations, three years after its drilling moratorium.
Fox, who says that 60 percent of the land in his township is leased, was so happy with the pullout he "couldn't stop crying."
"A huge victory," he says.
A spokesman for the Northern Wayne Property Owners agrees that inaction by the DRBC contributed to the pullout.
"There is no doubt in our minds that the reason was uncertainty over the regulatory environment," says Peter Wynne.
But he isn't ready to call it a "victory" for the anti-frackers.
"Maybe, maybe not," he says. "But we certainly didn't win."
But, he adds, "they didn't win either."
"Hess would have proceeded in an environmentally responsible way," he says, mentioning the strict terms of the old leases. If other companies ever drill, "the likelihood of it being responsibly and well development is greatly diminished."
sisrael@th-record.com
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Source: http://recordonline.com/apps/pbcs.dll/article?AID=/20130728/NEWS/307280338/-1/rss01
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Sunday, July 28, 2013
What did London Olympics 2012 do for us?
Not that many were predicting beforehand that this would be the case. In the weeks immediately before it all began, the vibrations on the radio, in the newspapers and on that 140-character shredder of reputation Twitter, insisted that we should prepare ourselves for national humiliation.
The way it was being told, everything that could go wrong with our hosting of the Games was certain to go wrong. We had outsourced the security operation to cack-handed, greedy incompetents, we had surrendered our civil liberties to the commercial interests of the sponsors, and allowed London?s road network to be thrown into jeopardy in order to accommodate the Ruritanian requirements of officials. Travel agents reported a surge of late bookings as people sought to flee from the anticipated omnishambles.
As a strategy, however, the escape plan began to unravel from the first beat of the opening ceremony. The moment the lights came up on a stadium transformed into a bucolic paradise, complete with livestock, it became clear that those who had deserted our shores were in the wrong place. Ninety minutes of dazzling theatre, dance, film and music later, the telephone lines must have been thrumming with refuseniks trying to negotiate passage home.
An innovative, witty mash-up of our cultural history, the opening ceremony spun the head, brought a tear to the eye and made everyone lucky enough to witness it smile hard and long. Danny Boyle?s brief had been to reintroduce Britain and its capital to the world. How successfully he achieved that, presenting his homeland as a modern, friendly and, above all, humorous place. It quickly became clear that London was now the centre of the known universe, the place on which the world's eyes were trained.
The ceremony was a reminder to the world ? and perhaps, more to the point, to ourselves ? that this country has long held within it a wellspring of joy. It was the most enticing welcome to these isles of wonder.
For the Mexican journalist sitting next to me in the stadium, the high point of that evening was the Queen?s cameo in a James Bond pastiche. He could not believe it really was her, could not believe the Queen was hitching up her skirt to join in the party. And he was right to be astonished. At that moment, all suggestions of stiff formality were bundled out of the helicopter. What her appearance insisted was that the next fortnight, everyone was invited to participate in the fun; we really were all in it together.
And improbable as it may have seemed, from that vertiginous high spot, things just got better. Snapshots of our glorious capital ? of horses apparently leaping over Canary Wharf, of cyclists skirting a sun-dappled Buckingham Palace, of female athletes in micro bikinis playing volleyball on Horse Guards Parade ? spun round the globe. How wonderful it all looked. The facilities were brilliant, the transport smooth, everything just worked.
Even the assumption that corporate ticketing would preclude the ordinary citizen from observing the action at first hand proved unfounded. The opportunity to watch for free was everywhere seized. Tens of thousands filled Hyde Park to witness the Brownlee brothers dominate the triathlon. A million people lined the streets around Hampton Court to see Kilburn?s King of Cool, Bradley Wiggins, win the time trial.
There is no doubt victories such as these by local competitors added to the overall sense of well-being. Not even in the wilder reaches of Lord Coe?s imagination could such a happy confluence have been envisaged: jaw-dropping facilities, brilliant hosting, and world-beating achievement by the home team.
And what was so inspiring about Jessica Ennis, Mo Farah, Chris Hoy and the other British champions was that they delivered. There was no failure of nerve, no wilting under the weight of expectation, no hint of the traditional way of British sport of crumbling when faced with a crucial penalty in a shoot-out. For a fortnight, spot kicks were smashed unerringly into the top corner.
Thus it was that the Games became awash with an unstoppable benevolent momentum: everyone ? administrators, spectators, volunteers and athletes alike ? quickly recognised they were having the time of their lives. This was an intoxicating daily demonstration of our best side: civic-minded, helpful, properly patriotic, proud of our culture?s sterling qualities. As Mayor Boris Johnson put it, this was ?a nation at ease with itself?.
A year on, looking back at that month-long festival of good cheer, however, we are obliged to wonder what the lasting effect of those beguiling few weeks might be. The talk now is of legacy. Messrs Coe and Johnson insist that the Olympic Park ? currently being reconfigured for future public use ? will continue to draw the curious in their thousands. But questions are rightly being asked about future funding: how active those inspired by what they saw can become if their local swimming pool is closing or their PE teacher is being laid off.
Talk of participation targets and bricks and mortar, however, may be missing the fundamental point about what the Olympics gave us. Surely the most significant benefit of the Games is the alteration it brought in our wider sensibility. What the festivities proved to us is that we can do things not just well, but better than anyone else. We can take on the world at anything, from a firework display to a rugby Test match, from a transport network to a tennis grand slam, from the production of motor cars to the Tour de France ? and win.
We have discovered, moreover, that the best way to enjoy something is to embrace the effort, to immerse ourselves, to volunteer. A year on, this is what really counts: we now know we can be proud of our country and what it can achieve. And that is surely worth ?9 billion of anyone?s money.
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AGA Holds Annual Washington Fly-In For Internet Gambling | Online ...
July 28, 2013
On Wednesday, the American Gaming Association (AGA) hosted its annual Gaming Industry Washington Fly-In event, in which high-ranking gaming execs hob-nob with federal politicians in a day-long effort to advance policies favorable to the industry. Among the notables gripping and grinning through this year?s junket were MGM Resorts CEO Jim Murren, Caesars Entertainment CEO Gary Loveman, International Game Technology CEO Patti Hart, Penn National Gaming president Tim Wilmott and Aristocrat Leisure CEO Jamie Odell.
According to AGA president Geoff Freeman, among the message points these execs planned to push were the need for federal regulation of online poker coupled with an explicit ban on online ?casino games of chance,? a position the AGA has held for a couple years now. The big casino companies don?t mind opening up the online sphere to poker, but clearly don?t want to see anything threaten the number of bums in seats at the acres of slot machines in their brick-and-mortar venues.
The AGA?s political drive-by was also determined to further besmirch the reputations of so-called ?bad actors?, i.e. companies that had the idea of serving the US market before the US casino companies decided they wanted in on the online action themselves. Earlier this year, the AGA launched an unprecedented campaign to keep PokerStars out of New Jersey?s online gambling market, while ignoring misdeeds by other companies and individuals that have since struck deals with some AGA members.
Noticeably absent from this executive confab was Las Vegas Sands? boss Sheldon Adelson. This could be explained due to the fact that Adelson?s scathing opinion on the merits of any form of internet gambling are well established, but it?s equally true that Adelson doesn?t require any outside group to help him get the ear of Washington pols. Given his status as the Republican party?s single biggest campaign contributor, it?s safe to say that Adelson could undo the AGA?s group lobbying effort with a single phone call.
SHOCKER: HOUSE WANTS SHARE OF MEDIA SPOTLIGHT
The recent Senate hearing on internet gambling provided plenty of opportunity for the nation?s elected representatives to burnish their ?think of the children? credentials by routinely equating online gambling with terrorist money laundering activities. Indeed, even senators who couldn?t be arsed to attend the hearing were keen to hop on the anti-terror bandwagon, like Sen. Jay Rockefeller (D-W.VA), who fought his way to the front of a recent media scrum to warn that online gambling could ?affect our national security? by making it ?easier for criminals and terrorists to launder money.?
Rockefeller warned of the ?consequences of allowing a risky and often addictive form of entertainment to be available on such a ubiquitous platform.? Rockefeller said individual states had done a decent job regulating brick-and-mortar gaming, but ?the internet does not recognize borders or state jurisdictions.? Rockefeller apparently believes the internet does recognize the borders of the United States, or at least has difficulty swimming across the Atlantic and Pacific Oceans, or sled-dogging across the 49th parallel separating the US from Canada (where sleeper cells tend to freeze to death).
Feeling left out by all this Senate hubbub, Rep. Dina Titus (R-NV) wants the House of Representatives? Committee on Energy and Commerce to hold its own hearing on internet gambling. However, being from Nevada, Titus appears more concerned with protecting consumers from ?bad actors? than protecting them from Al Qaeda. Like the AGA, she warns about the apocalyptic ramifications of ?a confusing and complex patchwork of agreements and regulations.? Well, honestly? Who could feel threatened by terrorists bearing weapons of mass destruction when inferior state laws are on the books?
In case you weren?t aware, the chairman of the Energy and Commerce committee is Rep. Fred Upton (R-MI), whose niece is none other than ?ber-babe Kate Upton (pictured right). So kindly accept this utterly gratuitous shot of Ms. Upton as your reward for reading this lengthy recitation of a collection of facts that really don?t matter a whole lot, since the state-level gambling ship has long since sailed, leaving all talk of federal online poker regulation as pointless as the parka Ms. Upton?s wearing in that 72? photo studio.
Source: http://calvinayre.com/2013/07/28/business/gaming-execs-lobby-washington-pols-internet-gambling/
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Saturday, July 27, 2013
Bail for Hernandez associate set at $500,000 cash
ATTLEBORO, Mass. (AP) ? Bail was set Friday at $500,000 cash for a so-called right-hand man of Aaron Hernandez who prosecutors say was with the former New England Patriots star on the night his friend was shot to death.
Ernest Wallace appeared in Attleboro District Court on a charge of being an accessory after the fact to murder in Odin Lloyd's killing. Defense attorney David Meier had sought bail of $10,000, arguing Wallace wasn't a flight risk and wanted to return to his family in Florida.
But Assistant District Attorney William McCauley asked for $1 million bail, saying Wallace was at risk of fleeing. He said Wallace had a long criminal history that included drug convictions and that he had used aliases and impersonated others.
Meier wouldn't comment after court, including about whether his client expected to make bail. Wallace, who had previously pleaded not guilty, was taken back into custody following the hearing. Wallace, 41, did not speak during the proceeding, but mouthed "I love you" and "I miss you" to a woman watching in the courtroom.
Prosecutors were pleased with the bail, said Gregg Miliote, a spokesman for Bristol County District Attorney Samuel Sutter.
Hernandez, 23, has pleaded not guilty to murder in the death of Lloyd, a 27-year-old Boston semi-professional football player whose body was found June 17 in an industrial park about a mile from Hernandez's home. The two men were friends and Lloyd was dating the sister of Hernandez's girlfriend.
Prosecutors say Hernandez orchestrated Lloyd's killing because he was upset at him for talking to people Hernandez had problems with at a nightclub days earlier. They say Hernandez, Wallace and a third man, Carlos Ortiz, drove with Lloyd to the industrial park. Authorities have not said who fired the shots, but according to documents filed in Florida, Ortiz told police that Wallace said it was Hernandez.
In court Friday, McCauley painted Wallace as having no fixed address and no job and said Hernandez appeared to be his "sole support." He said Wallace has been described as Hernandez's right-hand man, and that he had been spending more time at Hernandez's house in the months before the killing, using a car Hernandez rented for him.
McCauley also said Hernandez's aunt provided financial assistance to Wallace after Lloyd's death as he made his way south to Miramar, Fla., where his parents live. Wallace later turned himself in to police in Miramar.
Friday's hearing followed the release of court documents a day earlier that included photos of Hernandez in his home, holding what authorities have said was a gun, both before and minutes after Lloyd's homicide. The photos came from Hernandez's home video surveillance system and are among evidence authorities have obtained with search warrants.
Authorities believe Lloyd was killed with a .45-caliber Glock, which they have said hasn't been recovered. Prosecutors have said that a gun Hernandez is seen holding in the home surveillance appears to be a Glock.
Authorities recovered an ammunition clip for .45-caliber bullets in Hernandez's Hummer as well as ammunition of the same caliber inside a condo he rented in Franklin, Mass.
Prosecutors this week won a delay, to Aug. 22, for a probable cause hearing for Hernandez, saying they needed more time to present evidence to a grand jury. Hernandez will continue to be held without bail.
In the course of investigating Lloyd's death, authorities found a vehicle at the home of Hernandez's uncle in Bristol, Conn., Hernandez's hometown, that was wanted in a 2012 double killing in Boston, according to the Florida records. It had been rented in Hernandez's name.
___
Associated Press writer Bridget Murphy contributed to this report from Boston.
Source: http://news.yahoo.com/bail-hernandez-associate-set-500-000-cash-175431089.html
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Antonio Mora to host Al-Jazeera talk show
NEW YORK (AP) ? Former ABC News correspondent Antonio Mora is the latest hire at Al-Jazeera America.
The news network, which is launching Aug. 20, said Friday that Mora will host a weeknight current affairs talk show called "Consider This." The show will have interviews and panel discussions on news issues, and invite viewers to participate through social media.
Mora spent eight years at ABC News as a correspondent and a substitute anchor. He was a local news anchor in Miami and Chicago after leaving ABC.
The network is slowly outlining its schedule with hiring announcements. Earlier this week, Al-Jazeera America said Joie Chen would be host of a nightly newsmagazine "America Tonight."
Source: http://news.yahoo.com/antonio-mora-host-al-jazeera-talk-show-143953595.html
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Thursday, July 25, 2013
Video: 'Walking dead' market
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Source: http://www.nbcnews.com/video/cnbc/52568470/
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DIY Satellite Tracking
[unable to retrieve full-text content]Travis Goodspeed has authored a blog post detailing his method of tracking low-earth-orbit satellites. Starting with an old Felcom 82B dish made for use on maritime vessels, he added motors to move it around and a webcam-based homemade calibration system. "For handling the radio input and controlling the motors, I have a BeagleBone wired into a USB hub. These are all mounted on the trunk of the assembly inside of the radome, sending data back to a server indoors. ... In order to operate the dish, I wanted both a flashy GUI and concise scripting, but scripting was the higher priority. Toward that end, I constructed the software as a series of daemons that communicate through a PostgreSQL database on a server inside the house. For example, I can run SELECT * FROM sats WHERE el>0 to select the names and positions of all currently tracked satellites that are above the horizon. To begin tracking the International Space Station if it is in view, I run UPDATE target SET name='ISS';. For predicting satellite locations, I wrote a quick daemon using PyEphem that fetches satellite catalog data from CelesTrak. These positions are held in a database, with duplicates filtered out and positions constantly updated. PyEphem is sophisticated enough to predict in any number of formats, so it's easy to track many of the brighter stars as well as planets and deep-space probes, such as Voyagers 1 and 2."
Read more of this story at Slashdot.
Source: http://rss.slashdot.org/~r/Slashdot/slashdotScience/~3/VxuLkB6elPQ/story01.htm
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Wednesday, July 24, 2013
Barcelona Picks Gerardo Martino as Coach
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Source: www.nytimes.com --- Tuesday, July 23, 2013
Barcelona reached an agreement Tuesday to sign Gerardo Martino as Coach for two seasons, replacing Tito Vilanova. ? ? ? ? ...
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Mobile manners: 11 dos and don'ts for cellphone users
Washington: Cellphones are ubiquitous and research shows that although most users think they have good mobile manners, many people report being irritated or annoyed by the use of the phones in public places.
Clearly there's a lack of understanding of what is and isn't acceptable in terms of cellphone etiquette.
Following is a list of do's and don'ts:
Most users think they have good mobile manners, but they don't. A quick guide to cellphone etiquette.
1. Do respect those who are with you. When you're engaged face-to-face with others, either in a meeting or a conversation, give them your complete and undivided attention. Avoid texting or taking calls. If a call is important, apologise and ask permission before accepting it.
2. Don't yell. The average person talks three times louder on a cellphone than they do in a face-to-face conversation. Always be mindful of your volume.
3. Do be a good dining companion. No one wants to be a captive audience to a third-party cellphone conversation, or to sit in silence while their dining companion texts with someone. Always silence and store your phone before being seated. Never put your mobile phone on the table.
4. Don't ignore universal quiet zones such as the theatre, religious places, the library, your daughter's dance recital and funerals.
5. Do let voicemail do its job. When you're in the company of others, let voicemail handle non-urgent calls.
6. Don't make wait staff wait. Whether it's your turn in line or time to order at the table, always make yourself available to the server. Making servers and other patrons wait for you to finish a personal phone call is never acceptable. If the call is important, step away from the table or get out of line.
7. Don't text and drive. There is no message that is so important.
8. Do keep arguments under wraps. Nobody can hear the person on the other end. All they are aware of is a one-sided screaming match a few feet away.
9. Don't forget to filter your language. A rule of thumb: If you wouldn't walk through a busy public place with a particular word or comment printed on your T-shirt, don't use it in cellphone conversations.
10. Do respect the personal space of others. When you must use your phone in public, try to keep at least 10 feet (three metres) between you and others.
11. Do exercise good international calling behaviour. The rules of cellphone etiquette vary from country to country.
Good cellphone etiquette is similar to common courtesy. Conversations and text exchanges have a tendency to distract people from what's happening in front of them. Cellphone users should be thoughtful, courteous and respect the people around them.
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Source: http://ibnlive.in.com/news/mobile-manners-11-dos-and-donts-for-cellphone-users/408686-11.html
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Tuesday, July 23, 2013
Deforestation in Africa May Affect Climate
First Posted: Jul 21, 2013 09:32 PM EDT
Their extremely deep-reaching roots give mesquite trees an edge over grasses. (Photo : Greg Barron-Gafford)
Deforestation throughout areas of Africa could be reversed with changes to land use, according to a recent study.
This is due to a strategic approach to managing trees across the continent that could have made a positive impact on the changing climate, according to researchers.
Deforestation in south-central Africa has caused an increasing demand for trees to be used for agriculture and fuel.
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Researchers believe that the loss of forests threatens the ecosystem and the livelihood of populations. Scientists suggest that the situation could be alleviated by using sustainable fuel instead of charcoal and ending the practice of burning forests to support agriculture and livestock.
Loss of trees could make a great impact on climate change, as forest store carbon in their stems and branches, which helps them to reduce the amount of harmful carbon dioxide gas in the atmosphere. Tracking changes in woodland across the continent may help scientists to more easily understand their effect on weather patterns and potentially improve predictions of global climate change.
A press release notes that researchers identified a north-south divide throughout the forests and woodlands in the south. Areas most greatly affect by the problem tended to be the Democratic Republic of Congo, Angola, Zimbabwe, Zambia and Mozambique.
Researchers believe fewer fires resulted in the north with higher rates of urbanization. They also analyzed studies of tree cover in African savannas, combining this with a 25 year record from satellite data.
"Land use in Africa influences how much its forests can grow - and their capacity for absorbing carbon emissions," said Dr. Ed Mitchard, of the University of Edinburgh's School of GeoSciences, who led the study, via a press release. "If humans reduce burning and cutting forests and savannas these will grow and help to limit the impact of carbon emissions, but instead in many places people are impacting more on woodlands and forests, adding to carbon emissions."
More information regarding the study can be found in the Philosophical Transactions of Royal Society B.?
?2013 ScienceWorldReport.com All rights reserved. Do not reproduce without permission. The window to the world of science news.Source: http://www.scienceworldreport.com/articles/8286/20130721/deforestation-africa-affect-climate.htm
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Tina Turner celebrates wedding in Switzerland
Celebs 
5 hours ago
Miro Kuzmanovic / Reuters file
Erwin Bach and Tina Turner in 2007.
The announcement last week that Tina Turner had wed her longtime partner Erwin Bach in Switzerland took the world a bit by surprise. But Turner wasn't done making headlines, saving the celebration of that wedding for this past Sunday ? and based on multiple reports it was a lavish, star-studded affair.
The gathering, at Turner's Swiss villa Algonquin estate on Lake Zurich, attracted 120 guests, including stars like Oprah Winfrey, Sade and David Bowie.
Guests wore white or formal suits to the Buddhist-inspired event, which one report said involved guests pouring water over the couple's hands. Later in that same report, the villa was said to have been decorated with 70,000 red and yellow roses from Holland.
Sigi Tischler / EPA
Tina Turner's Swiss Algonquin villa entrance, shielded for her wedding celebration.
Zurich police spokeswoman Esther Surber told the press that boats on the lake were prevented from getting too close to the estate to prevent accidents on the water. Wedding organizers also reportedly set up a red canvas screen at the foot of the garden to prevent paparazzi intrusion.
The 73-year-old singer, who has since retired from the music business and has lived in Switzerland for over 20 years, wed the 57-year-old German record company executive earlier in July, and they have been a couple for 27 years.
Turner became a Swiss citizen early in 2013.
Source: http://www.today.com/entertainment/tina-turner-celebrates-wedding-home-switzerland-6C10699401
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