Wednesday, October 31, 2012

Is Flood Insurance Necessary? : Property Insurance Coverage Law ...

The events of the last week and the week to come should have all home and business owners seriously considering flood insurance if they don?t already have flood coverage. Natural disasters involving flood hit both the east and west coasts of the United States.

On the evening of Saturday, October 27, 2012, a 7.7 magnitude earthquake hit off the west coast of Canada caused tsunami warnings for the entire west coast of the United States and Hawaii. Luckily, the waves that hit the shores did not cause damage. For the last few days, the east coast of the United States waited for Hurricane Sandy to hit the eastern seaboard and converge with the weather conditions from the north to cause a weather phenomenon that weather experts call a "Frankenstorm". Although its still early, predictions of damage exceeding $1 billion is already estimated. The predictions are that storm surge may cause the worst portion of the damage.

For much of the population that lives in coastal and flood plains, flood insurance is an additional type of coverage that must be purchased separately from regular property insurance. The National Flood Insurance Program?s official website, www.floodsmart.gov, outlines flood coverage for homeowner and commercial policies and has a wealth of information that outlines preparation for flood and recovery.

Flood comes in the aftermath of earthquakes, storms, and even wildfires. Business and homeowners alike can utilize the information from floodsmart.gov to determine whether they should purchase flood insurance.

Source: http://www.propertyinsurancecoveragelaw.com/2012/10/articles/insurance/is-flood-insurance-necessary/

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Rihanna's '777 Tour' Spans Seven Countries in Seven Days

Leading up to the release of Unapologetic, the (literally) globe-spanning, seven-city tour takes Rih Rih to the skies in a Boeing 777.
By James Montgomery


Rihanna
Photo: Kevin Mazur/ WireImage

Source: http://www.mtv.com/news/articles/1696534/rihanna-unapologetic-album-777-tour.jhtml

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Home Prices Rise in August: Sign of Steady ... - AOL Real Estate

home prices risingBy Christopher S. Rugaber

WASHINGTON -- Home prices rose in August in nearly all U.S. cities, and many of the markets hit hardest during the crisis are starting to show sustained gains. The increases are the latest evidence of a steady housing recovery.

The Standard & Poor's/Case Shiller index reported Tuesday that national home prices increased 2 percent in August compared with the same month a year ago. That's the third straight increase and a faster pace than in July.

The report also said that prices rose in August from July in 19 of the 20 cities tracked by the index. Prices had risen in all 20 cities in the previous three months.

Cities that had suffered some of the worst price declines during the housing crisis are starting to come back. Prices in Las Vegas rose 0.9 percent, the first year-over-year gain since January 2007. Prices in Phoenix are 18.8 percent higher in August than a year ago. Home values in Tampa and Miami have also posted solid increases over the period.

Seattle was the only city to report a monthly decline. Still, prices there fell just 0.1 percent in August from July and are 3.4 percent higher than a year ago.

Prices in Atlanta have fallen 6.1 percent over the 12 months that ended in August, the largest year-over-year decline. But Atlanta has posted the largest price gain among the 20 cities over the past three months, according to Trulia, a housing data analysis firm.

"The sustained good news in home prices over the past five months makes us optimistic for continued recovery in the housing market," David Blitzer, chairman of the Case-Shiller index, said.

The steady increase in prices, along with the lowest mortgage rates in decades, has helped many home markets slowly rebound nearly six years after the housing bubble burst.

Rising home prices encourage more people to put their homes on the market. They may also entice would-be buyers to purchase homes before prices rise further.

The S&P/Case-Shiller 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 August figures are the latest available.

The figures aren't seasonally adjusted, so some of the gains in August reflect the benefit of the summer buying season.

Stan Humphries, chief economist at the housing website Zillow, expects the monthly price figures will decline in the fall and winter.

"This doesn't mean the housing recovery has been derailed," he said. "This is exactly what bouncing along bottom looks like."

Other recent reports show that the housing market is improving, albeit from depressed levels.

Home builders started construction on new homes and apartments at the fastest pace in more than four years last month. They also requested the most building permits in four years, a sign that many are confident that home sales gains will continue. Home building is still far below the pace that economists say is consistent with a healthy housing market.

New home sales jumped last month to the highest annual pace in the past two and a half years.

Sales of previously-occupied homes dipped in September but have risen steadily in the past year.

See also:
Lifelong Renters Dodged the Housing Bust but Face the Fallout
Buy That Vacant Foreclosure Next Door? Not So Fast!
For First-Time Homebuyers, It's Still a Tough Market

  • 10. Lansing, Mich.
  • 9. Appleton, Wis.
  • 8. Battle Creek, Mich.
  • 7. Youngstown-Warren-Boardman, Ohio-Penn.
  • 6. Monroe, Mich.
  • 5. Memphis, Tenn.
  • 4. Warren-Troy-Farmington Hills, Mich.
  • 3. Rockford, Ill.
  • 2. South Bend, Ind.-Mich.
  • 1. Detroit-Livonia-Dearborn, Mich.

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Source: http://realestate.aol.com/blog/2012/10/30/u-s-home-prices-rising-in-august-evidence-of-steady-housing-rec/

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Eye-Fi Pro X2 16GB Class 10 hands-on

EyeFi Pro X2 16GB Class 10 handson

Technology's always getting smaller, right? As such, it shouldn't be a surprise that Eye-Fi can now cram 16GB of storage and a WiFi radio into one of its SD cards, but somehow, it still is. This is the latest, the Eye-Fi Pro X2 16GB, the company's first Class 10 unit. It'll be landing on the doorsteps of tech-savvy photographers in the next week, so we thought we'd take a quick look at how things have improved with this year's vintage and if it can justify that $100 price-tag.

Continue reading Eye-Fi Pro X2 16GB Class 10 hands-on

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Eye-Fi Pro X2 16GB Class 10 hands-on originally appeared on Engadget on Tue, 30 Oct 2012 10:00:00 EDT. Please see our terms for use of feeds.

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Of course there are many hundreds of supposed beneficial Internet ...

Number of View: 8

The last 3 words of the term ?Internet network marketing business? involve networking and marketing, and the final word is highly important ?business? it?s your business, and it?s what?s going to pay your debts.

If you add the word network to marketing, that term no longer means getting a website together and hoping by some miracle you?ll get traffic overnight. It does not work like that. You?ve got to put a massive quantity of effort into building a list and generating leads ? there are lots of ways of going about that, some are efficient and some are simply a complete waste of your time, so it?s very significant that you?ve a trusted system that you can follow straight from the outset, coachs you can call, and you ought to be stalwart and well informed.

Building lists is actually network marketing, and from those lists you get qualified leads which are where you will make your commissions ? no list, no leads, no money.

Of course there are many hundreds of supposed beneficial Internet marketing courses out there, but if you don?t know which one to select you can waste a heck of plenty of money and time.

It may be obvious, but if you?d like to learn about Internet network marketing, you would want to learn from individuals that are successful in the business you don?t learn geography by taking a mathematics class!

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Short URL: http://aayahanolosha.net/?p=5084

Source: http://aayahanolosha.net/archives/5084

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DIY Humvee Kits Now Available. Just Add Engine - Automotive News

Missed the HUMMER or the Humvee on which it was based? Well, if you?re good with tools and willing to lay down at least $60,000, AM General may be able to satisfy your wish.

We posted a rumor back in August that AM General, which builds the original Humvees and the late, lamented H1 by General Motors, was looking for a way to again sell its all-terrain monstrosity vehicle to civilian G.I. Joes or Janes. The company would do so by offering a do-it-yourself (DIY) kit that contained all the parts except one: the engine. Instead, the buyer would have to provide their own powerplant. AM General supposedly would do this to lower costs and avoid all those pesky anti-pollution laws (and fees).

Well, rumor has turned to reality. The HUMVEE C-Series is a DIY body kit which owners can assemble their own military ATV. Parts include chassis, rivets, main and secondary fuel tanks, and soft top roof and side doors. Wheels available include 17-inch aluminum two-piece with beadlock and all-terrain. Again, the rumors are true and owners will have to install their own engines. The site doesn?t mention which engines are recommended, leaving you to contact an AM General representative for details. Which we recommend because the C-Series is, to quote, a ?work-in progress.? Prototypes will be displayed at various off-road and auto shows across the country. Afterwards, AM General will gather feedback from interested participants to create the final, production version which goes on sale sometime in the second quarter of next year.

Cost of the kit? $59,995 for the base kit, with options like winches costing extra. Again, we don?t know exact engine costs but expect to pay an additional $10,000-$20,000 for some power.

Source: AM General (image provided by AM General)

Source: http://blogs.automotive.com/diy-humvee-kits-now-available-just-add-engine-117227.html

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Friday, October 26, 2012

Atlanta weekend food events: Oct. 26-28, Mummies and Milkshakes ...

Wine dinner? Beer tasting? Cooking class? Let us know. Submit Food and Drink events here.

Michael C. Carlos Museum Fri., Oct. 26, 6:30 p.m. Mummies and Milkshakes. The Carlos Museum and Jake's Ice Cream present the seventh annual Mummies and Milkshakes. Visit animal and human mummies in the Egyptian galleries, choose your favorite Jake's Ice Cream flavor for a milkshake, and watch vintage mummy cartoons and the hilarious Three Stooges short "We Want Our Mummy", followed by the classic Abbot and Costello "Meet the Mummy". Costumes encouraged! Milkshakes sold separately. Details

Atlantic Station Fridays, 11 a.m.-2 p.m. Continues through Oct. 26 Food Truck Fridays. Every Friday on 1/2 Street, there will be food trucks, live music, and more. Details

Cafe Jonah and the Magical Attic Fri., Oct. 26, 6:45 p.m. Picnic & A Movie in the Garden! Join us in the magical garden at Cafe Jonah for a fabulous dinner, delectable treats and a classic film. -$25 per person (includes dinner, cocktails, movie treats & movie!). Details

Meehan's Public House Sat., Oct. 27 Halloween Bash. Trick or Treat? Meehan's Public House in Sandy Springs has the ultimate Halloween Bash planned for Saturday, October 27. Iron Mullet will serenade the crowd and make you feel ??like its 1989. There will also be a cash prize give away to the patron that shows up with the best costume. Stay hydrated with drink specials including hunch punch and Jell-O shots. Only $6 to come in! If you want to get a head start on burning off that Halloween candy, join us during the day for a walk/run marathon hosted by the American Lung Association. The marathon ends at Meehan's. Runners will be offered a specialty food menu and drink specials. Details

The Melting Pot Sat., Oct. 27, 12:30 p.m. Enchanted Princess and Noble Knight Party Luncheon. Party like a princess and enjoy the knight life at the Melting Pot on Saturday, October 27, with its Enchanted Princess and Noble Knight Party Luncheon. Beginning at 12:30 p.m., guests will enjoy a regal, three-course feast, delicious mocktails and the opportunity to meet special guests from Medieval Times. Visit The Melting Pot Facebook page for more information. Details

P'cheen Sat., Oct. 27, 7 p.m. Hell on Highland. Break out your best Dracula, Frankenstein, or Honey Boo Boo costume this Halloween and head to P'cheen International Bistro & Pub's annual bash, Hell on Highland. Guests will enjoy complimentary beer from 7 to 8 p.m. and free Halloween-themed food items between 7 and 9 p.m. Spooky DJs will spin tunes late into the night and one lucky costume contest winner will be rewarded with $100 cash prize. The event is free to attend. Details

Teela Taqueria Sat., Oct. 27, 8 p.m. Ladies Night at Teela Taqueria. Ladies, after a long week of work and or children, you deserve a break....come Paint, Laugh and Drink with us!! Participants will enjoy a relaxing two hour painting class and splitting one pitcher of margaritas among 3-5 people OR one martini is included in the price. Supplies, instruction, beverage and taking home a new painting all for $30. Dinner available at your own expense. Details

STK Sat., Oct. 27, 8 p.m. Stake at STK. STK will transform its sleek lounge into a luxurious den for its vampire-themed Halloween escapade. Sip on Vampire Kiss Martinis and pumpkin mojitos while satisfying cravings with executive chef Jeremy Miller's Halloween inspired menu. Food and drink not complimentary. Details

Ale Yeah! Through Oct. 27 Atlanta Beer Week. Various locations. See website for details. Now in its third year, this week-long celebration in honor of Atlanta's burgeoning beer culture hits up spots all over the city with special events and tappings. Details

Clarkston Community Center Last Saturday of every month, 11:30 a.m.-3:30 p.m. Continues through Oct. 27 Clarkston Farmers Market. The Clarkston Farmers Market hosts its monthly market featuring local produce growers, prepared foods, craft vendors, children?s activities and live music. The farmers market is part of the Center?s extensive Food Security Program and continues through October on the last Sunday of each month. Details

Marcus Jewish Community Center of Atlanta Sun., Oct. 28, 5 p.m. "All You Can Eat" Southern Kosher Buffet Dinner. "All You Can Eat" Southern Style Kosher Buffet Dinner and Concert. The program will begin at 5:00 pm with a concert featuring Dr. Oral Moses and the Georgia Spiritual Ensemble followed by dinner at 5:30 pm. The Kosher buffet dinner includes: Brunswick stew, pit-smoked BBQ pulled beef, pit-smoked BBQ pulled chicken, southern fried chicken, mashed potatoes, homemade corn bread, fried green tomatoes, peach cobbler, banana pudding and more. Details

4th & Swift Sun., Oct. 28, 5 p.m. Cochon Heritage BBQ Winner's Celebration. To celebrate their victory at Cochon Heritage Barbecue event in September, chef Jay Swift and his teammates chef Todd Mussman, chef Nick Melvin and farmer Tommy Searcy are hosting an exclusive pop-up dinner featuring their winning barbecue menu at 4th & Swift on Sunday, October 28. Details

Main Street Tucker Sundays, 10 a.m. Continues through Oct. 28 Green Market on Main. Green Market on Main, as an entity of Olde Town Tucker Merchants? Association, is Producer's Market for the Tucker community. Green Market on Main encourages community participation by bringing community members to the Main Street commercial district, offering access to local, fresh produce and products, and providing a venue for local growers to sell directly to consumers. Details

Source: http://clatl.com/omnivore/archives/2012/10/26/atlanta-weekend-food-events-oct-26-28-mummies-and-milkshakes-end-of-atlanta-beer-week-hell-on-highland-and-more

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Thursday, October 25, 2012

Canon's upcoming 5D Mark III firmware update brings uncompressed HDMI output support, enhanced AF functionality

Canon's upcoming 5D Mark III firmware update brings uncompressed HDMI output support, enhanced AF functionality

Proud owners of that sleek and relatively powerful Mark III will be happy to know Canon has just announced a firmware update for its flagship 5D model. The Japanese camera maker is touting this upcoming release as one that will bring clean HDMI-out support to the EOS shooter, which should be great for folks who would like to monitor their recordings in real time. Additionally, Canon's improved the Mark III's AF functionalities yet again; this time out by enabling the unit's auto focus system to adequately adjust to the type of lens that it is paired with. Unfortunately, it looks like users will have to wait a little while to install the new firmware, as the company won't be making it available until April of next year -- at which point it can be grabbed from the soon-to-be bookmarked source link below.

Continue reading Canon's upcoming 5D Mark III firmware update brings uncompressed HDMI output support, enhanced AF functionality

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Canon's upcoming 5D Mark III firmware update brings uncompressed HDMI output support, enhanced AF functionality originally appeared on Engadget on Tue, 23 Oct 2012 22:54:00 EDT. Please see our terms for use of feeds.

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Rove: Strategies for the Stretch Run to Nov. 6 (WSJ)

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Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/258091695?client_source=feed&format=rss

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Dow cutting jobs, closing plants as growth slows

NEW YORK (Reuters) - Dow Chemical Co, the largest chemical maker in the United States, said on Tuesday it plans to cut 5 percent of its workforce and shutter 20 plants as part of a restructuring program aimed at countering a slowing global economy.

Dow and other chemical companies face slipping demand for products around the world. Rival DuPont slashed its earnings forecast and announced 1,500 job cuts.

"The reality is we are operating in a slow-growth environment in the near-term and, while these actions are difficult, they demonstrate our resolve to tightly manage operations..." Andrew Liveris, Dow's chairman and chief executive, said in a statement.

The company, which hopes to save $500 million a year, said the cuts would result in a loss of around 2,400 positions worldwide.

Among its planned plant closings, Dow will shutter a high density polyethylene facility in Belgium, a sodium borhidrate plant in the Netherlands, and a manufacturing facility in Midland, Michigan.

The company will also take an unspecified charge related to its Dow Kokam LLC assets, reflecting weak demand for lithium-ion batteries.

Dow said it would pare capital spending and investment in programs that are no longer a priority. It said those cuts should save it an additional $500 million.

The company will take fourth-quarter charges of around 50 cents to 60 cents per share for asset impairments and write-offs, severance and other costs related to the measures.

Dow had initially planned to release its restructuring plans along with its third-quarter earnings on Thursday, but the news was inadvertently sent to a reporter at the Bloomberg News, according to a source on Dow's board of directors.

As a result, the company reported third-quarter earnings late on Tuesday and said it would hold a conference call on the results on Wednesday at 9 a.m. ET.

Dow posted a 39 percent fall in quarterly profit to $497 million, or 42 cents per share, hurt by weaker demand and price declines.

That compared with a profit of $815 million, or 69 cents per share in the same quarter last year, or adjusted earnings of $729 million, or 62 cents per share.

Sales were $13.6 billion, down 10 percent, or 7 percent on an adjusted basis. The decline was led by Europe where sales fell 10 percent, also hit by adverse exchange rates.

Analysts, on average, were expecting Dow to earn 37 cents a share, excluding items, on sales of $14.22 billion, according to Thomson Reuters I/B/E/S.

Shares of Dow fell 20 cents to $28.55 after the close of regular trading. The stock fell 4 percent in New York Stock Exchange trading.

(Additional reporting by Sakthi Prasad and Garima Goel in Bangalore, Michael Erman in New York, Braden Reddall in San Francisco, and Nichola Groom in Los Angeles; Writing by Anna Driver in Houston; Editing by David Gregorio and Chris Gallagher)

(c) Copyright Thomson Reuters 2012. Check for restrictions at: http://about.reuters.com/fulllegal.asp

Source: http://www.cnbc.com/id/49528910?__source=RSS*tag*&par=RSS

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Benin says doctor, niece tried to poison president

COTONOU (Reuters) - Benin authorities arrested the niece and personal doctor of President Boni Yayi, claiming they had tried to poison him at the behest of an angered businessman, the country's state prosecutor said.

Doctor Ibrahim Mama Cisse, the president's niece Zouberath Kora, and former trade minister Soumanou Moudjaidou were arrested on Sunday, while cotton magnate Patrice Talon - the suspected ringleader of the poison plot - is on the run, Justin Gbenameto told reporters late on Monday.

"The prosecution has requested that they should be charged with conspiracy and attempted murder," Gbenameto said, adding the attempt to poison Yayi occurred on October 17 while he was visiting Brussels.

Gbenameto said Moudjaidou is believed to have brought the poison into the country, where he gave it to Cisse to be switched with his regular medication. Kora was meant to have administered it, but the plot was discovered after she told a family member about the plan, he said.

Talon - who lost a lucrative port and customs reform contract in the cotton exporting country earlier this year - offered $2 million each to Cisse, Kora and Moudjaidou for their roles, Gbenameto said.

Yayi, 60, a former banker, became president in 2006 and survived an assassination attempt in 2007 when gunmen ambushed his convoy. He won re-election in March last year following a disputed presidential election.

Source: http://news.yahoo.com/benin-says-doctor-niece-tried-poison-president-122715673.html

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Wednesday, October 24, 2012

Jurich celebrates 15 years at the University of Louisville

by WHAS11 Sports

WHAS11.com

Posted on October 22, 2012 at 4:53 PM

Updated today at 5:00 PM

LOUISVILLE, Ky. (WHAS11) -- Tom Jurich has been with the University of Louisville for 15 years and in that time there has been a building boom not just with facilities, but with entire programs.

The sheet of accomplishments for Tom Jurich is staggering, seemingly new facilities for every sport, and a visionary for title nine.? On Monday Jurich was honored as a man that has progressed Louisville Athletics much further than most could have predicted.

Jurich first came to Louisville in 1997 after spending time at Colorado State.? Jurich actually admitted on Monday that he passed on the Louisville job four times.? After 15 years in town he said that might not be enough.
?

Want the latest Louisville Cardinals news, scores and info? Get the Louisville Sports app from?WHAS11 on your phone. Choose your smartphone type below and have the link emailed or texted directly to your phone! Get everything Cards from?WHAS11!

Source: http://www.whas11.com/sports/university-of-louisville-sports/Jurich-UofL-175296551.html

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Crossroads makes biggest buy yet in Senate races (The Arizona Republic)

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Samsung denies rumors subsidary will stop selling displays to Apple

Samsung Display debunked rumors that its LCD panels would no longer make it to Apple.

A report from The Korea Times Monday claimed that Samsung Display would cut ties with the Cupertino company by the end of the year.

The story cited an unnamed Samsung source who said the display business was seeing diminishing returns when selling LCD panels to Apple.

But it turns out those claims were utterly wrong.

"Samsung Display has never tried to cut the supply for LCD panels to Apple," a Samsung spokesman told CNET.

Samsung has asked The Korea Times to print corrections.

Apple vs. Samsung

Apple and Samsung are in the midst of a rough patch, to say the least.

The two are battling in courtrooms across the globe. Each have sent waves of patent infringement suits to one another in 10 countries including the U.S., Korea and Germany.

But Samsung Display is a separate company that was spun off in early 2012, and has little to do with the bad blood between Apple and its parent company.

The display business is reportedly Apple's biggest LCD supplier in the first half of 2012. It shipped the iPhone maker more than 15 million displays.

Though Apple is getting a large amount of displays from Samsung, it doesn't mean the two plan to make amends any time soon.

We used to be friends

Apple once bought an array of components and chips from Samsung for its iPhones and iPads, but has been reducing its reliance on the Korean-based manufacturer.

Apple has purchased its displays from Sharp and LG lately, and reports are circulating that it's looking to source chips outside of Samsung as well.

An industry source told CNET the relationship between the two has broken down and they will part ways after existing agreements are fulfilled.

"The Apple-Samsung relationship has deteriorated to such a poor point that they're just looking to fill contractual obligations, then make a change," the source said.

For now, Apple will continue to get some LCD panels from Samsung Display, but that might change as Apple continues it's legal battle with Samsung. The two are due back in U.S. courts Dec. 6.

Via CNET

Source: http://feedproxy.google.com/~r/techradar/world-of-tech/~3/_VF24H8Eb0I/story01.htm

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Spain's central bank says Q3 GDP shrank 0.4 pct

MADRID (AP) ? Spain's economy continued to shrink in the third quarter, contracting by 0.4 percent compared with the previous three months, according to central bank estimates Tuesday that will increase pressure on Prime Minister Mariano Rajoy to seek financial help from Europe.

This is the fifth quarter in a row that Spain's economic output has contracted. The economy also shrank by 0.4 percent in the second quarter and 0.3 percent in the first quarter and is forecast to show a 1.5 percent fall this year and 0.5 percent in 2013.

Earlier this month, the International Monetary Fund forecast that Spain's economy would contract 1.3 percent next year, more than double the government's prediction.

The central bank's figure is an estimate. Official figures are due to be released by the National Statistics Institute on Oct. 30.

The bank said consumer demand fell by 1. 2 percent ? although the decline eased a little in the third quarter due to increased spending ahead of a sales tax increase on Sept. 1.

Spain is in its second recession in three years with near 25 percent unemployment. The country is one of the focal points in Europe's financial crisis: if Spain defaults on its debts or needs a full-blown bailout, the finances ? and credibility? of the 17-country group that uses the euro could be stretched to breaking point.

In September the European Central Bank said it was prepared to buy unlimited amounts of bonds in countries struggling with their debts. This has helped the country by pushing its borrowing costs lower. But Rajoy has held off triggering the actual purchases.

The government has introduced austerity measures and financial and labor reforms to convince investors it is getting a grip on its accounts. The measures have led to many strikes and protests and the country faces its second general strike in a year Nov. 14.

Several thousand people are expected to take part in a demonstration later Tuesday outside Parliament as lawmakers debate budget spending cuts for 2013. Two similar protests are planned for Thursday and Saturday.

Speaking at the start of the debate, Finance Minister Cristobal Montoro said the draft budget "aimed to combat the crisis," adding that it was a budget that would make "2013 the last year of recession for Spain."

The government is battling to reduce its bloated deficit to from 8.9 percent of GDP last year to 6.3 percent in 2012 and 4.5 percent next year.

Montoro said that under the 2012 budget, the central government's deficit through September was 3.9 percent of GDP, very close to the targeted 4.5 percent demanded by the European Union for the year.

When counting the heavy debts of the regional governments, Spain's overall target is for a deficit of 6.3 percent of GDP. To achieve that, the regions must aim for a deficit of 1.5 percent of their economic output this year.

However, the Bank of Spain warned Tuesday that although many of the government's measures have yet to have an effect on the deficit, more austerity may be needed to reach the year-end target.

Earlier in the day, the Treasury sold ?3.53 billion ($4.61 billion) in three- and six-month bills as investors continued to express their concern over Spain's ability to manage its finances.

The Treasury sold ?967 million in three-month bills with the average interest rate at 1.42 percent, up from 1.20 percent in the last such auction Sept. 25.

It sold ?2.56 billion in six-month bills on a yield of 2.02 percent, down from 2.21 percent Sept. 25.

Demand was more than four times the amount offered in the three-month category and almost double in the longer-term bills.

Source: http://news.yahoo.com/spains-central-bank-says-q3-gdp-shrank-0-122420185--finance.html

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Saturday, October 20, 2012

#NIHMiM12 the Spreading Shadow of Cancer Angst: 3 Things You Need to Know to Meet It Rationally

Cancer screening keeps spreading to more groups of people, pushed by a widely shared conviction that more and earlier must always be better. As the shadow of cancer widens to cover ever more people, and lengthens to cover longer stretches of their lifespans, cancer angst spreads far and wide, too. Barry Kramer wants to counteract irrational fear and actions by helping us get more rational about cancer screening. He's currently Director of the Division of Cancer Prevention at the National Cancer Institute (NCI). A decade ago, Kramer started an annual evidence boot camp for journalists called "Medicine in the Media". This year's course with 48 journalists from broadcast, digital and print media started last Sunday with the topic of over-diagnosis of mental disorders. On Wednesday Kramer took on cancer over-diagnosis, and the triple whammy distorting understanding of cancer screening: selection bias, length bias and lead-time bias. Here's how he explained these critical 3 concepts. 1. Selection bias. Studies of cancer screening are often skewed by a 'healthy volunteer' effect. Many people who follow through with regular screening also do other things that make them less likely to get, or die, of cancer. You need to stick to rigorously randomized trials to find out the effects of screening alone, said Kramer, "because then you have just as many health-conscious people being screened or not screened." 2. Length bias. For common cancers, no one generally knows how to tell at an early stage if it will become life-threatening. Even if you lived for 120 years, many cancers would be growing so slowly, they'd never make you sick. Screening, unfortunately, is better at finding those slow, unthreatening cancers than at finding aggressive more lethal cancers that appear suddenly in the time between screening. As Kramer put it, "We're 'curing' people who didn't need curing in the first place." 3. Lead-time bias. Considering survival rates rather than mortality data leads people astray. In screening, that's not quite the same thing. Even most doctors fall into this trap. Kramer led us through this thought experiment to explain the concept. Imagine a hypothetical cancer that will kill absolutely every person within 4 years from the day they have symptoms. That means their 5-year survival rate is 0%. If you develop a screening test that detects everyone with this cancer a few years before symptoms start, you can still improve their survival rate without adding so much as a day to anyone's life. Why? Because if the cancer clock starts ticking earlier, everyone will live longer than 5 years with the diagnosis: a 5-year survival rate of 100%. You increase your time with cancer, while decreasing the amount of your life you don't have cancer: that's not the same as living longer. Screening only works when there's a way to help more people than are already helped when they come to the doctor with symptoms. Kramer pointed out that ineffective screening is like being tied to a train track with a set of binoculars: you can detect the train that's coming to hit you earlier, but it won't change the moment of impact. Meanwhile, cancer treatments can do major damage on a large scale to people who can't benefit from them. Kramer's view: "Japan's national screening tragedy was neuroblastoma. Ours is prostate cancer screening." The discoverer of the test used for prostate cancer screening, Richard Ablin, expressed a similar view in an op-ed this week: "I never dreamed that my discovery four decades ago would lead to such a profit-driven public health disaster." Of course, screening particular groups of people for some types of cancer does save lives. You can check official US recommendations here and look for good evidence and info here. Can't get to a course, but want to learn more about understanding health research results? Kramer's fellow musketeers over the years at "Medicine in the Media" are Lisa Schwartz and Steven Woloshin, and reading their work is a great start. Woloshin and Schwartz are general internists and part-time academics from Dartmouth who wrote a book intended to help people better understand risk statistics - and then ran a randomized trial to see if people who read the book really benefited. They did. So "Know Your Chances" is a book that's actually proven to be clinically effective! Still want more? There are some books and articles here. And the US Cochrane Center at Johns Hopkins University provides an online course. All of these can help you learn how to know if research constitutes strong evidence. And as Kramer said, that's the key: "Strong evidence of benefit is important when putting large numbers of people in harm's way." ========== A shout-out to all the live-tweeters for Barry Kramer's talk and more: #NIHMiM12 - and watch out for the session on "Covering cancer causes, prevention and screening" at Science Online 2013. Interests: I presented at the NIH Medicine in the Media course and while I work at the NIH's National Center for Biotechnology Information, I am not part of the organization of this event. The views expressed here are my own. Medicine in the Media is an annual event organized by the NIH's Office of Disease Prevention. Image: By the author at Statistically Funny (CC-BY SA license)

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Source: http://news.yahoo.com/nihmim12-spreading-shadow-cancer-angst-3-things-know-022900782.html

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Friday, October 19, 2012

Retail sales rise boosts recovery prospects

LONDON (Reuters) - Retail sales rose in September as Britons bought the new winter clothing collections and school uniforms, data showed, boosting chances that consumers may keep the recovery on track.

Sales volumes including automotive fuel rose 0.6 percent last month, more than making up for a 0.1 percent dip in August, the Office for National Statistics said on Thursday. Economists had forecast an increase of 0.4 percent on the month.

Clothing and footwear sales rose 2.0 percent on the month.

Between July and September, retail sales were 1.0 percent higher than in the previous three months, posting the strongest quarterly rise since the second quarter of 2010.

Sterling rose and gilt futures turned negative after the data, which added to views that Britain posted solid growth in the third quarter and exited recession.

At the same time the robust sales together with a jump in retail price inflation may dampen the Bank of England's enthusiasm for more monetary policy stimulus.

"Today's retail sales report is relatively encouraging as it suggests that consumption was up a touch in Q3," said Newedge Strategy economist Annalisa Piazza.

Some policymakers may conclude that more stimulus was not needed at the current stage, she said, adding that the next sets of surveys and data would be crucial.

"Some strength in business confidence - for example - might convince the Monetary Policy Committee that no action is needed for now," Piazza said.

Retail sales were 2.5 percent higher than in September 2011, also a stronger increase than forecast.

BACK TO SCHOOL

Britons have been suffering the worst squeeze in income for over 30 years on the back of soaring food and fuel prices, higher taxes and slow wage rises, and many cut back on non-essential spending.

Retailers reported that families had pushed back the purchase of school uniforms into September and many people bought new winter clothing, the ONS said.

Retail sales excluding fuel also increased 0.6 percent on the month and were 2.9 percent higher than in September 2011, also ahead of economists' forecasts.

A drop in inflation to a near three-year low at 2.2 percent in September has fuelled hopes the squeeze is easing and rising employment may also help Britons gain confidence to spend more.

In a potentially worrying sign for consumers and central bankers, annual retail price inflation - measured by the implied deflator - jumped to 0.7 percent in September from 0.2 percent in August, the first rise in the deflator since March.

Most economists have been expecting the central bank to increase its quantitative easing asset purchases once the current 50 billion pound round is completed in November.

Weak business surveys have stoked fears of a relapse in the economy as the austerity drive and the euro zone debt crisis continue to weigh.

However, a survey by the CBI business lobby showed late last month that retailers expected a pick up in sales in October.

Booker Group Plc, Britain's biggest cash-and-carry wholesaler, reported a 13 percent rise in its first-half profit as demand from caterers and small retailers held up in unusually wet weather and weak consumer spending in the UK.

(Additional reporting by David Milliken and Peter Schwartzstein; Editing by Catherine Evans)

Source: http://news.yahoo.com/uk-retail-sales-rise-september-boosts-recovery-prospects-084637434--business.html

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Thursday, October 18, 2012

Music: {allcanada} Niedermayer installed in Canada's Sports HOF

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CALGARY -- One of Canada's most decorated hockey players has a unique post-career project.

Scott Niedermayer, one of nine people inducted into Canada's Sports Hall Of Fame on Thursday, has taken a stand on a controversial environmental issue.

For Niedermayer to line up alongside those against the proposed Enbridge Northern Gateway pipeline that would run through British Columbia is conspicuous.

Georges Laraque's involvement in the Green Party notwithstanding, few hockey players campaign on the environment.

Since retiring two years ago, Niedermayer, a four-time Stanley Cup winner and two-time Olympic gold medallist, has become a spokesman for the World Wildlife Fund, which says the pipeline threatens the Great Bear Rain Forest on B.C.'s coast.

"I grew up in a small town in the mountains and our parents had us out doing things," said the Cranbrook, B.C. native. "The more I travel, the more I appreciate and respect what we have in our country. I felt it was important to try and hold onto that.

"I'm just sharing my opinions on things, my beliefs. That's part of being in a democracy, I suppose, or should be. I know people will disagree. That's fine too, I think. Not quite as fine as if they agreed."

Niedermayer won every possible hockey championship there is during his career, including the Memorial Cup, world junior hockey championship, world championship and World Cup.

The defenceman was captain of the Canadian team that beat the U.S. in overtime for gold at the 2010 Winter Games in Vancouver. Niedermayer, 39, won three Stanley Cups with the New Jersey Devils and another with the Anaheim Ducks.

Figure skaters Jamie Sale and David Pelletier, rower Derek Porter, speed skater Jeremy Wotherspoon, bobsled pilot Pierre Lueders and soccer player Charmaine Hooper joined Niedermayer among the athletes installed in the Sports Hall Of Fame. Calgary Flames owner Daryl (Doc) Seaman, posthumously, and sport pioneer Marion Lay entered as builders.

Niedermayer and his brother Rob won a Stanley Cup together with the Ducks in 2007. They were also teammates on the Canadian squad that won a world title in 2004.

"I've been tremendously fortunate throughout my hockey career of playing with great teammates, for good organizations and getting a chance to play for Canada in a bunch of international competitions," Niedermayer said.

"That has added up to some success and some championships and some great memories. This is a great way to sort of sum all that up. It means a lot to get recognized for your accomplishments over a long period of time. It means a lot."

Niedermayer continues to work in player development for the Ducks. Niedermayer and his family live in Anaheim and drive an electric car. They spend their summers in the Cranbrook area.

Canada's Sports Hall Of Fame opened the doors on its new facility last year. The red and white structure at Canada Olympic Park now houses 529 inductees across multiple sports.

Sale and Pelletier were the electrifying story of the 2002 Winter Olympics in Salt Lake City, Utah. They skated a beautiful "Love Story" free program, only to be given the silver medal behind a Russian pair.

A judging scandal was revealed and the Canadians were awarded a second set of gold medals later in the Games. Figure skating's judging system was overhauled after that.

"I don't think we changed the sport," Sale said. "Everybody that preceded us, we all contributed to getting us to that point.

"Unfortunately there was a really bad scandal or controversy that made that happen. It was time to make changes in our sport. It made our sport better. I'm really proud to be part of history now."

Sale and Pelletier were married following those Games, but later divorced. Sale wed former NHL player Craig Simpson earlier this summer.

But Sale and Pelletier were comfortable and amiable Thursday as large screens at the Hall repeatedly showed images of their post-skate embrace of 2002.

"I had two posters as a kid in my room, Gilles Villeneuve and Wayne Gretzky, and they're both in here," Pelletier said. "To think I might inspire someone to achieve what they think is impossible is an amazing gift."

Hooper helped pave the road to Canada's Olympic bronze medal in women's soccer this summer. Her header versus China at the 2003 World Cup propelled Canada into the semifinals for the first time.

She appeared in 129 international matches for Canada during her 20-year career and scored 71 goals. Hooper, whose daughter Charlie accompanied her to the Hall, had watched the Canadian women's team in London with interest.

"It was really great to see how well the girls did," Hooper said. "It was kind of a rough road, but in the end they received a medal. It was great for the program at this point in time.

"Hopefully they continue that upward move to 2015 and be amongst the top countries in the world."

Porter won Olympic gold with the men's rowing eight in 1992 before switching to single sculls and taking silver in 1996.

"There have been a lot of rowers go through this hall," he said. "Just look at the old black and white photos flashing on the screen. Canada has a great legacy in the sport of rowing for sure. I think Canadians embrace the sport really well."

The Victoria native was coached by Mike Spracklen, who was recently fired by Rowing Canada. Rowers have spoken for and against him. Porter is firmly in the first camp.

"I am pro-Mike Spracklen," Porter said. "Without him, I would not have a gold medal at the Olympic Games in 1992 I can guarantee that."

Wotherspoon, from Red Deer, Alta., won 67 World Cup races in long track speed skating and still holds the world record in the 500 metres.

Lueders didn't attend Thursday's ceremony because he is currently coaching Russia's bobsled team. The Edmonton native won two-man gold with brakeman Dave MacEachern in 1998 and followed that up with a silver in 2006 with Lascelles Brown.

Seaman, who died in 2009, was among the six Calgary businessmen who brought the Flames to the city from Atlanta in 1980. The Second World War veteran was a key figure in building of the Saddledome in 1983, which was part of Calgary's plan to host the 1988 Winter Games. Seaman also established hockey foundations that built arenas and offered scholarship.

Lay won Olympic bronze in swimming in 1968 and went on to found the Canadian Association for the Advancement of Women in Sport. She also helped Vancouver win the bid for the 2010 Winter Olympics.

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Source: http://newsonlinemusic.blogspot.com/2012/10/allcanada-niedermayer-installed-in.html

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Austerity-weary Greeks stage new general strike

ATHENS, Greece (AP) ? Labor unions in recession-hobbled Greece are holding another general strike against a new harsh austerity program, as European leaders beset by a deep debt crisis and economic stagnation gather for a summit meeting in Brussels.

Thursday's strike is set to close down public services and severely hamper most forms of transport ? with even taxi drivers joining in for nine hours ? while shopkeepers in Athens and other cities are planning to shut down for the day. It is the second general strike in less than a month.

Unions are organizing two separate marches in central Athens. Demonstrators' ire will focus on the new belt-tightening for 2013-14, demanded by bailout creditors to release a desperately needed new rescue loan payment.

The city has seen hundreds of anti-austerity protests ? many violent ? over the past three years, since Greece revealed it had been misreporting key deficit figures and sank into an economic gloom so deep it has been likened to the Great Depression of the 1930s.

The country is clinging to solvency with the help of two massive international bailouts worth a total ?240 billion ($315 billion). To secure them, it committed to drastic spending cuts, tax hikes and reforms, aimed to cure years of profligate government spending.

But while significantly reducing budget deficits, the measures accelerated a recession that after five years is closer to a depression. By the end of next year, the economy is expected to have shrunk by about a quarter from 2008 levels. And with one in four workers out of a job, Greece has the worst unemployment rate in the 27-nation European Union.

"In general, we're going from bad to worse," said 85-year-old pensioner Giorgos Ierodimos. "Salaries are being reduced, pensions are being reduced, everything is getting more expensive, from food to health care to hospitals, medicines, everything. So how will people live? How will we live?"

The country's four-month-old coalition government is negotiating a new austerity package with debt inspectors from the EU, International Monetary Fund and European Central Bank. The idea is to save ?11 billion ($14.4 billion) in spending ? largely on pensions and health care ? and raise an extra ?2.5 billion ($3.3 billion) through taxes.

After more than a month and a half of arguing, a deal seems close. On Wednesday, the EU, IMF and ECB troika said there was agreement on "most of the core measures needed to restore the momentum of reform" and that the rest of the issues should be resolved in coming days.

Athens hopes to get the next loan installment around mid-November, shortly after which it will run out of cash. That would probably force Greece to default on its mountain of debt and potentially abandon the 17-strong eurozone.

Unions say the cost of securing the money is too high.

"What people can shoulder new measures, when approximately 70 percent of it is caught between poverty and destitution?" said Ilias Iliopoulos, secretary-general of the ADEDY civil servant union. "It is absolutely impossible."

"On the noteworthy day of the summit in Brussels, we want to tell the leaders of the European Union 'that's enough. We can't take any more,'" he said. "This is not worthy of Europe. It is a policy of exploitation, of profiteers and loan sharks."

The 24-hour strike will stop all rail and ferry services, while a walkout by air traffic controllers will ground flights for three hours. Schools and tax offices will be closed all day, state hospitals will function on emergency staffing and bank services will be disrupted.

Athens police will be on alert for potential rioting, as most recent major protests have turned violent with masked anarchists fighting police. Municipal officials in traditional riot hotspots on Wednesday removed rubbish bins from the streets, as rioters usually set them on fire.

But the violence does nothing to improve the lot of low-income Greeks, like Ierodimos.

"We've cut everything," he said. "Now it's only the necessities that we buy. We bought a bread ring with my wife to eat for lunch. A bread ring of 40 cents. And a cauliflower to eat as a salad. I'm not ashamed to say it. Why should I be?"

___

APTV's Theodora Tongas contributed.

Source: http://news.yahoo.com/austerity-weary-greeks-stage-general-strike-041043139--finance.html

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Wednesday, October 17, 2012

Keck observations bring weather of Uranus into sharp focus

ScienceDaily (Oct. 17, 2012) ? In 1986, when Voyager swept past Uranus, the probe's portraits of the planet were "notoriously bland," disappointing scientists, yielding few new details of the planet and its atmosphere, and giving it a reputation as a bore of the solar system.

Now, however, thanks to a new technique applied at the Keck Observatory, Uranus is coming into sharp focus through high-resolution infrared images, revealing in incredible detail the bizarre weather of the seventh planet from the sun.

The images were released in Reno, Nev. today (Oct. 17, 2012) at a meeting of the American Astronomical Society's Division of Planetary Sciences and provide the best look to date of Uranus's complex and enigmatic weather.

The planet's deep blue-green atmosphere is thick with hydrogen, helium and methane, Uranus's primary condensable gas. Winds blow mainly east to west at speeds up to 560 miles per hour, in spite of the small amounts of energy available to drive them. Its atmosphere is almost equal to Neptune's as the coldest in our solar system with cloud-top temperatures in the minus 360-degree Fahrenheit range, cold enough to freeze methane.

Large weather systems, which are probably much less violent than the storms we know on Earth, behave in bizarre ways on Uranus, explains Larry Sromovsky, a University of Wisconsin-Madison planetary scientist who led the new study using the Keck II telescope.

"Some of these weather systems," Sromovsky notes, "stay at fixed latitudes and undergo large variations in activity. Others are seen to drift toward the planet's equator while undergoing great changes in size and shape. Better measures of the wind fields that surround these massive weather systems are the key to unraveling their mysteries."

To get a better picture of atmospheric flow on Uranus, Sromovsky and colleagues Pat Fry, also of UW-Madison, Heidi Hammel of the Association of Universities for Research in Astronomy (AURA), and Imke de Pater of the University of California at Berkeley, used new infrared techniques to detect smaller, more widely distributed weather features whose movements can help scientists trace the planet's pattern of blustery winds.

"We're seeing some new things that before were buried in the noise," says Sromovsky, a senior staff scientist at UW-Madison's Space Science and Engineering Center.

"My first reaction to these images was 'wow' and then my second reaction was WOW," says AURA's Heidi Hammel, a co-investigator on the new observations and an expert on the atmospheres of the solar system's outer planets. "These images reveal an astonishing amount of complexity in Uranus's atmosphere. We knew the planet was active, but until now much of the activity was masked by noise in our data."

The complexity of Uranus's weather is puzzling, Sromovsky explains. The primary driving mechanism must be solar energy because there is no detectable internal energy source. "But the sun is 900 times weaker there than on Earth because it is 30 times further from the sun, so you don't have the same intensity of solar energy driving the system," explains Sromovsky. "Thus the atmosphere of Uranus must operate as a very efficient machine with very little dissipation. Yet the weather variations we see seem to defy that requirement."

The new Keck II pictures of the planet, according to Sromovsky, are the "most richly detailed views of Uranus yet obtained by any instrument on any observatory. No other telescope could come close to producing this result."

Sromovsky and his colleagues used Keck II, located on the summit of Hawaii's 14,000-foot extinct volcano Mauna Kea, to capture a series of images that, when combined, help increase the signal to noise ratio and thus tease out weather features that are otherwise obscured. In two nights of observing under superb conditions, Sromovsky's group was able to obtain exposures of the planet that provide a clear view of the planet's cloudy features, including several new to science. The group used two different filters in an effort to characterize cloud features at different altitudes.

"The main objective was to find a larger number of cloud features by detecting those that were previously too subtle to be seen, so we could better define atmospheric motions," Sromovsky notes. New features found by the Wisconsin group include a scalloped band of clouds just south of Uranus's equator and a swarm of small convective features in the north polar regions of the planet, features that have never been seen in the southern polar regions.

"This is a very asymmetric situation," says the Wisconsin scientist. "There is certainly something different going on in those two polar regions."

One possible explanation, is that methane is pushed north by an atmospheric conveyor belt toward the pole where it wells up to form the convective features observed by Sromovsky's group.

"The 'popcorn' appearance of Uranus's pole reminds me very much of a Cassini image of Saturn," adds de Pater.

Saturn's South Pole is characterized by a polar vortex or hurricane surrounded by numerous small cloud features indicative of strong convection, analogous to the heavily precipitating clouds encircling the eye of terrestrial hurricanes, she notes. Her group suggested a similar phenomenon would be present on Neptune, based upon Keck observations of that planet.

"Perhaps we will also see a vortex at Uranus's pole when it comes into view," she says.

The phenomena may be seasonal, Sromovsky notes, but the group has so far been unable to establish a clear seasonal trend in the winds of Uranus.

"Uranus is changing," he says. "We don't expect things at the north pole to stay the way they are now."

The scalloped band of clouds near the planet's equator may indicate atmospheric instability or wind shear: "This is new and we don't fully understand what it means. We haven't seen it anywhere else on Uranus."

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The above story is reprinted from materials provided by University of Wisconsin-Madison. The original article was written by Terry Devitt.

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