Thursday, February 28, 2013

Hanwood Holdings are pleased to announce their new movie investment offering - Henry 5

Set 50 years into the future, an over populated Great Britain is totally reliant on France for its electricity. With spiralling costs and with Britain close to bankruptcy this is no longer a tenable position. Only one path is left open... war.

(PRWEB UK) 27 February 2013

Henry 5 is a story of political intrigue and personal ambition that not only reminds us of the Bush / Blair years and the invasion of Iraq, but also sentiments that Shakespeare expressed 400 years ago are as relevant today as they were then, and will be in the future.

Society has not yet descended into a post-apocalyptic maelstrom but the nation is broke and morally in terminal decline. With echoes of Blair and Bush?s invasion of Iraq (which many believe was to do with oil), the King (Henry) decides with his cabinet to ?cook up? a war dossier so that he can ?legally? invade Britain?s closest neighbour - France.

France provides the UK with its electricity and still has wide-open spaces with 100 hectares more land per 1 hectare of England?s soil. Britain is now over populated and breaking at the seams so a fast cabinet decision is pushed through parliament - WAR. Shakespeare provides us with the richness of language to convey this apocalyptic vision perfectly.

England?s only hope of survival is to carry out two tasks in the war manifesto:

1) Take France and control the electricity, gas and coal, which the UK can no longer meet their price demands for.

2) Contain all of the non-British (and the French think non French) within the strict borders of a renamed United Kingdom.

This coup can only be sealed by Henry if he becomes victorious and marries Katherine the daughter of the King and Queen of France. A war cabinet is assembled and the French are denounced as war profiteers ? a decision is passed and war is declared?.

With a planned all-star cast including Ray Winstone (The Sweeny, Snow White & The Huntsman, The Departed, Sweeny Todd), Sir Michael Caine (The Dark Night Rises, Inception, Harry Brown, Batman, The Italian Job), Sir Derek Jacobi (Gladiator, The Kings Speech, My Week With Marilyn), Vinnie Jones (Snatch, Lock Stock & Two Smoking Barrels, X-Men, Gone in Sixty Seconds), Gerard Depardue (Life of Pi, 102 Dalmations, The Man in the Iron Mask, Green Card) & Lord Richard Attenborough (Jurassic Park trilogy, The Great Escape, Hamlet).

If you would like more information about investing in HENRY5, please call Hanwood Holdings Ltd on 0845 862 3090 or email info(at)hanwoodholdings(dot)com

Gary Collins
Hanwood Holdings Ltd
+44 (0)845 8623090
Email Information

Source: http://news.yahoo.com/hanwood-holdings-pleased-announce-movie-investment-offering-henry-081422061.html

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President Obama to name Edith Ramirez head of Federal Trade Commission

WASHINGTON (Reuters) - President Barack Obama intends to name Edith Ramirez the chairwoman of the Federal Trade Commission, a White House official said on Thursday.

Ramirez has been an FTC commissioner since April 2010. She was a Los Angeles lawyer specializing in business litigation before joining the commission.

The FTC works to protect consumers from unfair business practices and maintain competition in the marketplace.

Ramirez would replace outgoing Chairman Jon Leibowitz, who handled high-profile, anti-trust cases against Intel Corp and Google Inc during his tenure.

Ramirez would not require Senate confirmation.

In her law career, Ramirez represented corporations like Mattel Inc and Northrop Grumman Corp.

(Reporting by Mark Felsenthal; Editng by Stacey Joyce)

Source: http://news.yahoo.com/president-obama-name-edith-ramirez-head-federal-trade-130223599--sector.html

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First glimpse of a black hole's spin

Astronomers have measured the rate of spin of a supermassive black hole for the first time - and it is big.

Measurements undertaken with two space-based X-ray telescopes imaged the black hole at the centre of galaxy NGC 1365.

The spin measurement, published in Nature, gives precious clues as to how the black hole grew and achieved supermassive status.

That growth influences the evolution of galaxies, so this simple number stands to teach scientists a great deal.

Black holes are notoriously difficult to study, since so much in astronomy depends on the detection of light - and within a certain distance from a black hole, even that cannot escape.

Black holes are known to draw in material - gas and even stars - and to stretch the very fabric of space-time at their edges. As matter goes in and gathers into what is called an accretion disk, it heats up and emits X-rays.

Previous attempts to quantify black holes' spins have attempted to analyse these X-rays - accounting for the violent processes within that can stretch and distort the X-rays' energies.

Those studies have until now focused on a fairly low-energy X-ray range. But those lower-energy X-rays can be further distorted by layers of gas between the black hole and the Earth, and previous spin observations have been contentious.

In a spin

Now Guido Risaliti of the Harvard-Smithsonian Center for Astrophysics and colleagues have looked at markedly higher energies - less subject to absorption in those gas layers - using Europe's XMM-Newton telescope and the recently launched Nustar telescope.

Nustar is unprecedented in its ability to focus in on distant parts of the cosmos in these high-energy X-rays.

The results suggest a black hole more than 3 million km across, whose outermost edge is moving at a speed near that of light.

But as Dr Risaliti explained, "the black hole's spin is a memory, a record, of the past history of the galaxy as a whole".

Had the black hole grown in a series of small "feeds" of gas or stars from random directions, its spin would be low. The results instead suggest that the black hole grew in one or a series of large absorptions of matter, taking on the momentum in one or a few events.

And as Christopher Reynolds of the University of Maryland explains in an accompanying article in Nature, understanding the evolution of such supermassive black holes at galaxies' centres is crucial to our understanding of how galaxies themselves grow.

"The energy released by a growing supermassive black hole can be so powerful that it disrupts the normal growth of the host galaxy," Prof Reynolds wrote.

"In extreme cases, (it) can terminate all subsequent growth of the galaxy."

However, the measurement is that of just one galaxy, and Prof Reynolds notes that even more advanced X-ray observatories will be needed to unravel the riddle with so few clues.

Source: http://www.bbc.co.uk/news/science-environment-21607945#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

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Goldman hires Citigroup lobbyist Amy Overton

(Reuters) - Citigroup Inc lobbyist Amy Overton is leaving the bank for Wall Street rival Goldman Sachs Group Inc.

Overton, 43, will handle a broad range of issues for Goldman, a spokesman for Goldman said.

Overton spent less than two years at Citigroup, and previously worked as counsel to Senator Tom Carper, a Democrat of Delaware, during negotiations for the Dodd-Frank Act.

"Amy's long experience with financial services issues will make her a great addition to our team," said Michael Paese, global co-head of government affairs for Goldman Sachs. Overton will report to Paese, and will have the title of vice president, the same title she had at Citigroup.

A Citigroup spokeswoman declined to comment.

Overton also worked at Fannie Mae for seven years leading into the financial crisis, leaving as chief of staff for its government and industry relations department in 2008.

With Overton's joining, Goldman's D.C. office is now evenly split between Democrats and Republicans, with four of each.

Paese had been a top staffer for former Democratic congressman Barney Frank. Goldman's lobbying office has two other Democrats, said a person familiar with the matter who did not have authorization to speak publicly about the matter.

Todd Malin, a senior Republican lobbyist, recently left Goldman for Rio Tinto PLC . But the bank has other Republicans in its lobbying group, including Goldman's other global co-head of government affairs, Faryar Shirzad, who splits his time among London, New York and Washington.

(In 3rd paragraph, corrects title for Paese to global co-head of government affairs, not head of Washington government relations office. In last paragraph, corrects title of Shirzad to show other co-head, not global head of office of government affairs.)

(Reporting By Lauren Tara LaCapra; Editing by Leslie Adler)

Source: http://news.yahoo.com/goldman-hires-citigroup-lobbyist-amy-overton-203620565--sector.html

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Video: Is Fed-Fueled Bond Bubble About to Burst?

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Video: The Day's Headlines

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Mexico's Zetas gang joins coal mining business for bigger profits - PRI

image

The coal miners working for the Zetas are lowered into small mines to extract coal that's sold to larger companies. (Photo by Nostrifikator via Wikimedia Commons.)

Mexico's drug cartel, the Zetas, have joined the coal mining business to increase their profits outside of their lucrative drug trading business. But legal and illegal coal mining practices in the region have mining advocates concerned for the miners' safety and future coal mining practices.

The Zetas, one of Mexico's drug cartels, is adding another source of income to their arsenal with illegal coal mining in the Mexican state of Coahuila.

Mines in Coahuila produce 95 percent of Mexico's coal. From small-scale mines, the Zetas can sometimes make a greater profit margins with coal than selling illegal drugs. John Holman, a reporter for Al Jazeera, says Coahuila is home to numerous pothos, small mines, with very little regulation.?

The Zetas typically use miners who aren't highly trained, Holman says, so they can pay them poorly and make greater profits.

"These small mines as you drive through Coahuila ... you can see them on the side of the roads in the coal district. And they?re literally just some men gathered around what looks a very ropey sort of machine to lower them down into the depths of the earth and bring up that coal," he said.

Larger companies buy the coal from these smaller mines and then send the coal to a state-owned company, Prodemi, Holman said. Prodemi sells the coal to clients.?

"This has blown up to be quite a scandal in Mexico because amongst the companies that end up with this coal, as well as private companies, are state-run companies," he said.

Last year, the Mexican federal government killed Heriberto Lazcano, the former leader of the Zetas gang, in the coal-mining town of Progreso. Holman says people believe Lazcano was in the process of becoming a miner.

"This state is very much in the hands of the Zetas gang, one of Mexico?s most ruthless drug gangs, and one that's shown a certain talent in expanding into other businesses: extortion, people trafficking, pirate copies of DVDs ... and it seems like this is the latest venture for them," he said.

With the Zetas getting into the coal mining business, legal coal miners risk being tortured or killed if they speak out, Holman said.

But both legal and illegal coal miners face safety concerns from doing their jobs.

"Almost seven years ago, there was a huge accident in which 65 miners died ? and some of those bodies have never been recovered,"?Holman?said.

Advocates for miners' rights say the safety of coal mining hasn't improved, and illegal miners will endure even worse conditions because they don't have even the few safety regulations that the legal mines have, Holman said.

There's an ongoing federal investigation into what's happening in Coahuila, but there haven't been any conclusions drawn or mass arrests, Holman said.

------------------------------------------------------------

Hosted by Steve Curwood, "Living on Earth" is an award-winning environmental news program that delves into the leading issues affecting the world we inhabit. More "Living on Earth."

Source: http://www.pri.org/stories/business/mexico-s-zetas-gang-joins-coal-mining-business-for-bigger-profits-13075.html

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Experts: Pistorius violated basic firearms rules

JOHANNESBURG (AP) ? Even if Oscar Pistorius is acquitted of murder, firearms and legal experts in South Africa believe that, by his own account, the star athlete violated basic gun-handling regulations and exposed himself to a homicide charge by shooting into a closed door without knowing who was behind it.

Particularly jarring for firearms instructors and legal experts is that Pistorius testified that he shot at a closed toilet door, fearing but not knowing for certain that a nighttime intruder was on the other side. Instead of an intruder, Pistorius' girlfriend Reeva Steenkamp was in the toilet cubicle. Struck by three of four shots that Pistorius fired from a 9 mm pistol, she died within minutes. Prosecutors charged Pistorius with premeditated murder, saying the shooting followed an argument between the two. Pistorius said it was an accident.

South Africa has stringent laws regulating the use of lethal force for self-protection. In order to get a permit to own a firearm, applicants must not only know those rules but must demonstrate proficiency with the weapon and knowledge of its safe handling, making it far tougher to legally own a gun in South Africa than many other countries where a mere background check suffices.

Pistorius took such a competency test for his 9 mm pistol and passed it, according to the South African Police Service's National Firearms Center. Pistorius' license for the 9 mm pistol was issued in September 2010. The Olympic athlete and Paralympic medalist should have known that firing blindly, instead of at a clearly identified target, violates basic gun-handling rules, firearms and legal experts said.

"You can't shoot through a closed door," said Andre Pretorius, president of the Professional Firearm Trainers Council, a regulatory body for South African firearms instructors. "People who own guns and have been through the training, they know that shooting through a door is not going to go through South African law as an accident."

"There is no situation in South Africa that allows a person to shoot at a threat that is not identified," Pretorius added. "Firing multiple shots, it makes it that much worse. ...It could have been a minor ? a 15-year-old kid, a 12-year-old kid ? breaking in to get food."

The Pistorius family, through Arnold Pistorius, uncle of the runner, has said it is confident that the evidence will prove that Steenkamp's death in the predawn hours of Feb. 14 was "a terrible and tragic accident."

In an affidavit to the magistrate who last Friday freed him on bail, Pistorius said he believed an intruder or intruders had gotten into his US$560,000 (?430,000) two-story house, in a guarded and gated community with walls topped by electrified fencing east of the capital, Pretoria, and were inside the toilet cubicle in his bathroom. Believing he and Steenkamp "would be in grave danger" if they came out, "I fired shots at the toilet door" with the pistol that he slept with under his bed, he testified.

Criminal law experts said that even if the prosecution fails to prove premeditated murder, firing several shots through a closed door could bring a conviction for the lesser but still serious charge of culpable homicide, a South African equivalent of manslaughter covering unintentional deaths through negligence.

Johannesburg attorney Martin Hood, who specializes in firearm law, said South African legislation allows gun owners to use lethal force only if they believe they are facing an immediate, serious and direct attack or threat of attack that could either be deadly or cause grievous injury.

According to Pistorius' own sworn statement read in court, he "did not meet those criteria," said Hood, who is also the spokesman for the South African Gun Owners' Association.

"If he fired through a closed door, there was no threat to him. It's as simple as that," he added. "He can't prove an attack on his life ... In my opinion, at the very least, he is guilty of culpable homicide."

The Associated Press emailed a request for comment to Vuma, a South African reputation management firm hired by the Pistorius family to handle media questions about the shooting.

The firm replied: "Due to the legal sensitivities around the matter, we cannot at this stage answer any of your questions as it might have legal implications for a case that still has to be tried in a court of law." Vuma said on Monday it referred the AP's questions to Pistorius' legal team, which by Tuesday had not replied.

Culpable homicide covers unintentional deaths ranging from accidents with no negligence, like a motorist whose brakes fail, killing another road user, "to where it verges on murder or where it almost becomes intentional," said Hood. Sentences ? ranging from fines to prison ? are left to courts to determine and are not set by fixed guidelines.

The tough standards for legally acquiring a gun were instituted in part because of a wave of weapons purchases after the end of racist white rule in 1994, said Rick De Caris, a former legal director in the South African police. Under South Africa's white-minority apartheid regime, gun owners often learned how to handle firearms during military service. Many of the new gun owners had little or no firearms training, which brought tragic results, De Caris said.

"People were literally shooting themselves when cleaning a firearm," said De Caris, who helped draft the Firearms Control Act of 2000.

Prospective gun owners must now take written exams that include questions on the law, have to show they can safely handle and shoot a gun and are required to hit a target the size of a glossy magazine in 10 of 10 shots from seven meters (23 feet), said Pretorius of the Professional Firearm Trainers Council.

In his affidavit, Pistorius said he wasn't wearing his prosthetic limbs "and felt extremely vulnerable" after hearing noise from the toilet.

"I grabbed my 9 mm pistol from underneath my bed. On my way to the bathroom, I screamed words to the effect for him/them to get out of my house and for Reeva to phone the police. It was pitch-dark in the bedroom and I thought Reeva was in bed," he testified.

Legal experts said they are puzzled why Pistorius apparently didn't first fire a warning shot to show the supposed intruder he was armed. Also unanswered is why, after he heard noise in his bathroom that includes the toilet cubicle, Pistorius still went toward the bathroom ? toward the perceived danger ? rather than retreat back into his bedroom.

"He should have tried to get out of the situation," said Hood, the attorney.

Source: http://news.yahoo.com/experts-pistorius-violated-basic-firearms-rules-173101013--oly.html

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Wednesday, February 27, 2013

The Engadget Interview: Qualcomm's Rob Chandhok on the Internet of things at MWC 2013

The Engadget Interview Qualcomm's Rob Chandhok on the Internet of things at MWC2013

Few people understand the Internet of things better than Rob Chandhok -- president of Internet services at Qualcomm -- and we had the chance to sit down with him in Barcelona after our interview with Raj Talluri. We chatted about AllJoyn, a set of open source services which the company just revamped to incorporate a simple notification protocol -- an "SMS for things" -- small and durable enough to be useful for the life on an appliance, like a fridge or a washer. This provides a universal mechanism for notification and control, such as WiFi on-boarding, for example. He also mentioned AllJoyn audio, a streaming protocol that Qualcomm and DoubleTwist collaborated on. We then discussed various approaches and network topologies for building the Internet of things, such as IPv6-connected products with cloud-based logic vs. devices on local area networks that interact with the Internet via gateways (something that's prevalent in modern home automation). Check out the full interview video after the break.

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/alKEXi6GWEs/

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Court Blocks Florida Drug-Testing Law (WSJ)

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Lingerie Thief: Nabbed by Tattoo!

Source: http://www.thehollywoodgossip.com/2013/02/lingerie-thief-nabbed-by-tattoo/

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Windmills at sea can break like matches

Feb. 26, 2013 ? Medium-sized waves can break wind turbines at sea like matches. These waves occur even in small storms, which are quite common in the Norwegian Sea.

"The problem is, we still do not know exactly when the wind turbines may break," says Professor John Grue from the Department of Mathematics at the University of Oslo, Norway. Grue is one of the world's foremost experts on wave research. In 1989 he discovered an inexplicable wave phenomenon called ringing, which is a special type of vibration that occurs when choppy waves hit marine installations. The discovery was made in a 25-metre long wave laboratory located in the basement of the mathematics building at Blindern Campus.

So far scientists have studied ringing in small and large waves, but as it turns out, ringing is more common in medium-size waves.

For wind turbines at sea with a cylinder diameter of eight metres, the worst waves are those that are more than 13 metres high and have an 11-second interval between them.

Financial ruin

The ringing problem may increase significantly in the years ahead. There are plans to build tens of thousands of wind turbines at sea.

"If we do not take ringing into consideration, offshore wind turbine parks can lead to financial ruin," warns John Grue to the research magazine Apollon at University of Oslo.

Today, the largest windmill parks at sea are outside the coasts of Denmark and Great Britain. They are nevertheless like small miniatures compared to Statkraft and Statoil's enormous plans on the Dogger Bank outside Scotland. This windmill park is to produce as much electricity as 60 to 90 Alta power plants. A windmill park with the capacity of two Alta power plants will be built outside M?re og Romsdal in West-Norway.

"Thus far it has not been possible to measure the force exerted by ringing. Laboratory measurements show that the biggest vibrations in the wind turbines occur just after the wave has passed and not when the wave hits the turbine. Right after the crest of the wave has passed, a second force hits the structure. If the second force resonates with the structural frequency of the wind turbine, the vibration is strong. This means that the wind turbine is first exposed to one force, and is then shaken by another force. When specific types of waves are repeated this causes the wear to be especially pronounced. This increases the danger of fatigue."

It is precisely this secondary force that creates ringing and that the mathematicians until now have not managed to calculate.

Unfortunate vibrations

All structures have their own vibration frequencies, whether they are wind turbines, bridges, oil rigs or vessels.

When the vibration matches the structural frequency, things get tough. This phenomenon is called resonance, and can be compared to the steady march of soldiers on a bridge. If the soldiers march in time with the structural frequency of the bridge, it can collapse.

Unrealistic calculations

The Norwegian University of Science and Technology and the Massachusetts Institute of Technology (MIT) have already made a number of calculations of ringing. Ecole Centrale Marseille and the French Bureau Veritas have also made such calculations. Det Norske Veritas is among those who use versions of these models.

"Current models are the best we have, but the estimates are too rough and erroneous. The theories are applied far outside of their area of validity. This means that we cannot calculate the fatigue adequately."

Ringing is not related to turbulence. Ringing is systematic and is about high underpressure at back of the cylinder.

Difficult mathematics

Internationally, very little has been done on this phenomenon. John Grue now has two Doctoral Research Fellows calculating these movements. He also collaborates with the Danish research community on wind power at Ris? National Laboratory and the Technical University of Denmark.

"Ringing is very difficult to calculate. There is great uncertainty. We want more precise descriptions of the physics of ringing. We are now trying sophisticated surface elevation models and complex calculations to reproduce these measurements accurately. We want to show that the ringing force arises systematically according to a general mathematical formula."

Saga Petroleum has previously conducted an extensive set of measurements of the ringing force in waves.

"These fit our measurements very well," says Grue.

Differences between deep and shallow waters

The scientists must also consider whether the installations are in deep or shallow waters.

"The structural frequency also depends on the conditions on the seabed.

You can compare it to a flagpole in a storm. The flag pole vibrates differently depending on whether the pole is fixed in concrete or on softer ground."

"There has been no research on the connection between vibrations and the conditions on the seabed."

Oil rig damaged

Ringing does not just harm wind turbines. Ringing has already been a great problem for the oil industry. The designers of the YME platform did not tak ringing into account, and lost NOK 12 billion.

"It is possible to build your way out of the ringing problem by strengthening the oil rigs. However, it is not financially profitable to do the same with wind turbines," says John Grue.

Improves the models

Arne Nesteg?rd, Chief Specialist in hydrodynamics at Det Norske Veritas, confirms to Apollon that wind turbines at moderate depths may be exposed to high-frequency resonant oscillations if the waves are extreme, but they safeguard against this. Nesteg?rd says that in the past twenty years, Veritas has developed ringing models and that they now work on improving the models for wind turbines at sea.

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The above story is reprinted from materials provided by University of Oslo. The original article was written by Yngve Vogt.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


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Source: http://feeds.sciencedaily.com/~r/sciencedaily/most_popular/~3/bud8VULivoE/130226081005.htm

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Hey Marissa! Working from home is alive and well

Marissa Mayer issued a company-wide mandate ending telecommuting, requiring employees to come into the office or leave the company. NBC's Brian Williams reports.

By Isolde Raftery, TODAY

When Yahoo relayed to its employees on Friday that they could no longer work remotely, one of the reasons given was that??speed and quality are often sacrificed when we work from home.?

It may seem logical ??the internal Yahoo memo?leaked to The Wall Street Journal's?AllThingsD.com said that some of the ?best decisions and insights come from hallway and cafeteria discussions? ? but workplace experts say that may not be true.

"Telecommuting is associated with significantly higher levels of job satisfaction, lower turnover intentions, reduced role stress, and higher supervisor-ratings of job performance," said?Washington State University psychology professor Tahira Probst via email.?

Probst, who researches workplace issues, added that working from home doesn?t hurt worker-boss relations. ?The data actually suggest telecommuting is associated with a more positive relationship with one?s supervisor.?

Telecommuting has been a growing trend over the past few years. The U.S. Census Bureau reports?that 13.4 million people worked from home at least part-time during a typical week in 2010, and the number of telecommuters in computer, science and engineering fields increased by 69 percent between 2000 and 2010. ?

The federal government has pushed for its employees to be ready to work remotely, should disaster strike. Last fall, thousands of workers were?forced to work remotely?after?Superstorm Sandy knocked out power to much of lower Manhattan.?

Natural disaster aside, when it comes to day-to-day work, Mayer may not be alone in wanting her employees to put in more face time. Google Chief Financial Officer Patrick Pichette didn?t seem keen on telecommuters on a recent trip to Australia. When asked how many Google employees work remotely, Pichette replied,?according to Sydney Morning Herald: ?As few as possible.?

After the Yahoo memo about telecommuting was leaked Friday, critics were swift to call the move anti-woman and anti-family. But the Census reported that more men (51.3 percent) worked from home. Of telecommuters, 64.5 percent reported that they did not have children younger than 18 present in the home.

Carol Roth, a brand consultant for the?virtual office space company Regus, argued that workplace flexibility allows employers to retain the best talent. ?

?I was disappointed to hear about this mandate from Yahoo because they?re a tech company and it?s made us more flexible and allowed us to work from anywhere,? Roth said. ?To say that the only way to be connected is if you?re side by side with somebody is completely backward and at odds with their own mission.??

Susan Cain,?author of "Quiet," a book about introverts in the workplace, said she thought Yahoo?s decision could hinder creativity.

?The kind of person who is in Silicon Valley is a person who is at the top of their game as an engineer and has a creative mind,? Cain said. ?Also it?s a type of person who wants to control their own destiny much more than working for a corporation. They want to dictate their own working terms. They tend to be pretty committed to what they?re doing.?

Yahoo CEO Marissa Mayer not only has employees up in arms after she banned working remotely from home at the tech company ? she has also inspired sharp division among Dr. Nancy Snyderman (on one side) and Donny Deutsch and Star Jones (on the other) as TODAY's Professionals debate hot topics of the day.

In an online (nonscientific) survey, NBCNews.com readers also questioned the policy.

My quality of work is much better by telecommuting than by actually working in the office. I'm an introvert and I get stressed out by being around people. When I'm at home working, I can get so much work done because I'm not distracted and stressed out by all those around me.

Wrote another:?

Some managers think that the only way work gets done is to perform bed checks to make sure everyone is at their desk at a certain time and think work only occurs when they are breathing down their necks. Other bad managers can't express what they want done unless they are waving their arms in front of the worker and pointing vaguely at what they want done.

But I've also seen workers that can't hold their attention to the screen when they could be puttering in the garden or in the garage.

Others were more sympathetic.

An employer has a right to ask people to actually COME to work, I think. On the other hand, EVERY employer, even if they don't allow daily telecommuting, should be increasing their family-friendly policies to allow for plentiful personal/sick/vacation time and some flexibility with scheduling when needed. The whole country could benefit from that!

Probst said Yahoo?s decision could result in more stress, more work-family conflict and ?greater intentions to quit working for Yahoo.?

?I don?t think that is what Yahoo is hoping for as a result of their decision,? she said, ?but it may be what they see.?

?

Source: http://lifeinc.today.com/_news/2013/02/26/17091537-is-telecommuting-dead-dont-count-on-it-experts-say?lite

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Tuesday, February 26, 2013

Cuba: Raul Castro Plans To Retire In 2018, Signaling The End Of An Era (VIDEO)

HAVANA -- It's been more than 54 years since someone not named "Castro" led Cuba, and it will likely be five more.

But now islanders and exiles alike have finally been given a date for when the sun will set on brothers Fidel and Raul's longtime rule: 2018.

In accepting a new presidential term on Sunday, the 81-year-old Raul Castro announced that it would be his last. And for the first time, he tapped a rising young star, Miguel Diaz-Canel, to be his top lieutenant and possible successor.

"This will be my last term," Castro said, his voice firm.

Castro also said he hopes to establish two-term limits and age caps for political offices including the presidency, though he didn't specify what age.

As the new first vice president of the ruling Council of State, the 52-year-old Diaz-Canel is now a heartbeat from the presidency and has risen higher than any other Cuban official who didn't directly participate in the heady days of the 1959 revolution.

In his 35-minute speech, Castro hinted at other changes to the constitution, some so dramatic that they will have to be ratified by the Cuban people in a referendum. Still, he scotched any idea that the country would soon abandon socialism, saying he had not assumed the presidency in order to destroy Cuba's system.

"I was not chosen to be president to restore capitalism to Cuba," he said. "I was elected to defend, maintain and continue to perfect socialism, not destroy it."

Castro fueled interest in Sunday's legislative gathering after mentioning on Friday his possible retirement and suggesting lightheartedly that he had plans to resign at some point.

It's now clear that he was serious when he promised that Sunday's speech would have fireworks, and would touch on his future in leadership.

Cuba is at a moment of "historic transcendence," Castro told lawmakers in speaking of his decision to name Diaz-Canel to the No. 2 job, replacing the 81-year-old Jose Ramon Machado Ventura, who fought with the Castros in the Sierra Maestra.

Castro praised Machado Ventura and another aging revolutionary for offering to leave their positions so that younger leaders could move up.

Their selflessness is "a concrete demonstration of their genuine revolutionary fiber ... That is the essence of the founding generation of this revolution."

Castro said that Diaz-Canel's promotion "represents a definitive step in the configuration of the future leadership of the nation through the gradual and orderly transfer of key roles to new generations."

"Our greatest satisfaction is the tranquility and serene confidence we feel as we deliver to the new generations the responsibility to continue building socialism," he added.

On the streets of Havana, where people often express a jaded skepticism of all things political, there was genuine excitement.

"This is the start of a new era," said Roberto Delgado, a 68-year-old retiree walking down a street in the leafy Miramar neighborhood. "It will undoubtedly be a complicated and difficult process, but something important happened today."

"I'm mesmerized," added Regla Blanco, 48. "You thought that with all these old men, it would never end. I am very satisfied with what Raul said. He is keeping his promise."

Since taking over from Fidel in 2006, Castro has instituted a slate of important economic and social changes, expanding private enterprise, legalizing a real estate market and relaxing hated travel restrictions.

Still, the country remains ruled by the Communist Party and any opposition to it lacks legal recognition.

Indeed, several dozen anti-government protesters were detained across the island Sunday and held for a few hours for public disorder before being released, according to Elizardo Sanchez, a dissident who monitors human rights in Cuba.

Castro has mentioned term limits before, but he has never said specifically when he would step down, and the concept has yet to be codified into Cuban law.

If he keeps his word, Castro will leave office no later than 2018. Cuban-American exiles in the United States have waited decades for the end of the Castro era, although they will likely be dismayed if it ends on the brothers' terms.

Nevertheless, the promise of a change at the top could have deep significance for U.S.-Cuba ties. The wording of Washington's 51-year economic embargo on the island specifies that it cannot be lifted while a Castro is in charge.

In Florida, home to hundreds of thousands of Cuban exiles, some were skeptical that Castro's eventual retirement will change much.

"First we have to see if he lives another five years, and after we have to see what happens," said Raul Lopez Mola, an 81-year-old who abandoned Cuba in 1966 for a new life in Miami. "No one can predict what will happen in five years. For me, I don't think it has great importance."

"It would be more meaningful if Fidel Castro died," Lopez Mola added.

Fidel Castro is 86 and retired, and has appeared increasingly frail in recent months. He made a surprise appearance at Sunday's gathering, receiving a thunderous ovation from lawmakers.

Some analysts have speculated that the Castros would push a younger member of their family into a top job, but there was no hint of that Sunday.

While few things are ever clear in Cuba's hermetically sealed news environment, rumblings that Diaz-Canel, an electrical engineer by training and ex-minister of higher education, might be in line for a senior post have grown.

In recent weeks, he has frequently been featured on state television news broadcasts in an apparent attempt to raise his profile.

He also traveled to Venezuela in January for the symbolic inauguration of Hugo Chavez, a key Cuban ally who had been re-elected president but was too ill to be sworn in.

The 612 lawmakers sworn in Sunday also named Esteban Lazo as the National Assembly's first new chief in 20 years, replacing Ricardo Alarcon.

Lazo, who turns 69 on Tuesday, is a vice president and member of the Communist Party's ruling political bureau. Parliament meets only twice a year and generally passes legislation unanimously without visible debate.

The legislature also named as vice presidents of the ruling Council Machado Ventura; comptroller general Gladys Bejerano; second Vice President Ramiro Valdes; Havana Communist Party secretary Lazara Mercedes Lopez Acea; and Salvador Valdes Mesa, head of Cuba's labor union.

___

Associated Press writers Anne Marie-Garcia and Paul Haven in Havana, and Christine Armario in Miami, contributed to this report.

___

Peter Orsi on Twitter: http://www.twitter.com/Peter_Orsi

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Source: http://www.huffingtonpost.com/2013/02/25/end-of-castro-era_n_2757191.html

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NJ's highest court hears 'joking judge' appeal

Vince A. Sicari, a South Hackensack, N.J., Municipal Judge, performs at Carolines on Broadway comedy club Monday, Feb. 25, 2013, in New York. New Jersey's Supreme Court is going to begin the process of deciding whether Vince Sicari can do both or has to give one up. (AP Photo/Frank Franklin II)

Vince A. Sicari, a South Hackensack, N.J., Municipal Judge, performs at Carolines on Broadway comedy club Monday, Feb. 25, 2013, in New York. New Jersey's Supreme Court is going to begin the process of deciding whether Vince Sicari can do both or has to give one up. (AP Photo/Frank Franklin II)

Vince A. Sicari, a South Hackensack, N.J., Municipal Judge, performs at Carolines on Broadway comedy club Monday, Feb. 25, 2013, in New York. New Jersey's Supreme Court is going to begin the process of deciding whether Vince Sicari can do both or has to give one up. (AP Photo/Frank Franklin II)

Vince A. Sicari, a South Hackensack, N.J., Municipal Judge, performs at Carolines on Broadway comedy club Monday, Feb. 25, 2013, in New York. New Jersey's Supreme Court is going to begin the process of deciding whether Vince Sicari can do both or has to give one up. (AP Photo/Frank Franklin II)

Vince A. Sicari, a South Hackensack, N.J., Municipal Judge, performs at Carolines on Broadway comedy club Monday, Feb. 25, 2013, in New York. New Jersey's Supreme Court is going to begin the process of deciding whether Vince Sicari can do both or has to give one up. (AP Photo/Frank Franklin II)

Vince A. Sicari, a South Hackensack, N.J., Municipal Judge, performs at Carolines on Broadway comedy club Monday, Feb. 25, 2013, in New York. New Jersey's Supreme Court is going to begin the process of deciding whether Vince Sicari can do both or has to give one up. (AP Photo/Frank Franklin II)

(AP) ? It may have been his toughest crowd yet.

In a decidedly humorless proceeding Tuesday, New Jersey's Supreme Court heard arguments over whether a municipal judge can keep his other paying gig as an actor and stand-up comic.

Vince A. Sicari's attorneys argued that the longtime comedian, who performs under the name Vince August, has always kept his identity as a South Hackensack municipal court judge separate, and "there is never mention in either profession of the other."

The 43-year-old Sicari is appealing a 2008 state ethics committee ruling that said he can't continue working as a paid entertainer while working part-time as a judge overseeing things like traffic ticket cases and disorderly persons offenses.

Kim D. Ringler of the state attorney general's office argued in favor of the ban, saying municipal judges represent the most frequent contact the public has with the justice system. Some of the characters Sicari has depicted on TV could confuse the public and reflect badly on the judiciary, she said.

"His actions detract from the dignity of his judicial office and may reflect adversely on the judge's impartiality," Ringler said of Sicari's performances.

Sicari's attorney, E. Drew Britcher, countered that the public is able to tell the difference between Sicari's professional demeanor as a judge and his roles as actor and comedian.

"It's important to recognize that whether he be comedian or actor, he is in roles where he is not expressing ... his opinion," Britcher said.

Sicari makes $13,000 a year as a part-time judge. He argues he is equally passionate about each of his jobs, though his entertainment work earns him more income and entitles him to health benefits.

He never cracks jokes on the bench and never lets on that he moonlights as a comic, Britcher said. On stage, he doesn't touch lawyer jokes, the lawyer said.

On Tuesday, Chief Justice Stuart Rabner questioned whether Sicari's comedic routines touched on topics considered commonplace in the comedy world, including "remarks demeaning individuals on the basis of race, sex, religion, national origin, disability, age, sexual orientation or socio-economic status," which are prohibited under judge's rules of conduct.

Britcher said Tuesday that much of Sicari's comedy is derived from personal observations outside of work, such as his upbringing as an Italian Catholic.

On Monday night, Sicari headlined at Caroline's comedy club in New York and brought down the house with his acerbic takes on current events, including the scandals surrounding Lance Armstrong and Oscar Pistorius. None of the jokes targeted the legal profession, but his humor did touch on the categories Rabner mentioned.

Several justices questioned whether the public had the ability to separate Sicari's position as a judge from roles he has played on the ABC hidden camera show "What Would You Do?" in which he has portrayed homophobic and racist characters.

Associate Justice Anne M. Patterson asked about a person who watches such a skit on TV and then comes into court for a traffic ticket hearing. "Is that person going to have their confidence in the dignity of the judiciary affected?" Patterson asked.

Ringler, arguing that the roles of judge and comedian are incompatible, cited the example of the actor Larry Hagman, who was said to have been berated in public by fans who associated him with his role as the conniving J.R. Ewing in the long-running television series "Dallas."

Sicari declined to comment after his Monday night appearance or following Tuesday's Supreme Court arguments, other than to say that he loved being a performer.

Sicari says he makes hundreds of stand-up comedy appearances a year, including on stage, on network television, as a warm-up for Comedy Central audiences and in film. He's a member of the Screen Actors Guild and other professional performers unions.

He has said he got hooked on standup comedy as a young boy after watching Richard Pryor.

"I immediately thought that's what I wanted to do," he said in an interview with NTDTV that appeared online in 2008.

At an early age, he began doing impressions, including one of Vinnie Barbarino, John Travolta's character on the TV show "Welcome Back, Kotter." He told the interviewer that he remembers telling his parents when he was 12 he wanted to be a comedian. He said their answer was, "You're nuts."

Being a standup comedian requires some of the same skills as being a lawyer, he said. "You have to be very quick on your feet," he said.

___

Follow Samantha Henry at http://www.twitter.com/SamanthaHenry

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/4e67281c3f754d0696fbfdee0f3f1469/Article_2013-02-26-US-Joking-Judge/id-62685815c5f54f2bb269ff6cd714f8ba

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Make Grand Entry With South Bend Limo

By: Jennefer Kadarshan

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Kalyn's Kitchen?: Vegetarian Greek Lentil Casserole Recipe with ...


A few weeks ago my friend Bonnie sent me the link for this recipe and told me how much she and her husband had enjoyed it.? The recipe had two of my favorite ingredients (lentils and cheese!) so of course I was game to try it.? Then Jake and I experimented with it a couple of times, and the recipe morphed into this Vegetarian Greek Lentil Casserole with Bell Peppers and Feta. ? We made some changes just to give the recipe more Greek flavors (which did work beautifully with the lentils) but we also baked the lentils for a while before adding the tomatoes, which helped them to get perfectly done and helped let the other ingredients really shine.

Combine lentils, chopped onion, minced garlic, vegetable broth, bay leaf, black pepper, Greek oregano, and Greek seasoning in a 3 quart casserole dish and bake covered for about 45 minutes.


After 45 minutes, stir the ingredients a little and they should look about like this.Stir in the drained can of crushed tomatoes, cover again, and bake 15 minutes more.Now the casserole is looking like this and the lentils should be getting quite soft.

While the lentils are cooking, chop up a red and green bell pepper and crumble enough Feta to make about 3/4 cup.

Stir in the peppers and about 2/3 of the Feta, and sprinkle the rest of the Feta over the top.? Keep the casserole uncovered this time and bake about 15-20 minutes more, or until the Feta is melting and getting slightly browned.

Here's the casserole when it comes out of the oven, ready for a delicious meatless dinner!

Vegetarian Greek Lentil Casserole with Bell Peppers and Feta
(Makes 4-6 servings; recipe inspired by this lentil casserole from All Recipes.)

Ingredients:
1 cup brown lentils, picked over and rinsed if needed (lentils that come in a package often don't need to be rinsed)
1 large onion, chopped small
2 tsp. minced garlic (or more)
1 cup + 2 T vegetable stock or broth (canned vegetable broth is fine here)
1 bay leaf
1/2 tsp. fresh ground black pepper
1/2 tsp. Greek oregano
1 tsp. Greek Seasoning (You can make your own Greek Seasoning if you don't have any, or just use the spices in that mix that you do have.? I like Greektown? Billygoat Seasoning from The Spice House.)
1 can (14.5 oz.) stewed tomatoes, drained and slightly mashed
1 green bell pepper, seeds removed and finely chopped
1 red bell pepper, seeds removed and finely chopped
3/4 cup crumbled Feta cheese

Instructions:

Preheat oven to 375F/190C.? Use a 3 quart casserole dish with a tight-fitting lid.? Combine lentils, chopped onion, minced garlic, vegetable broth, bay leaf, black pepper, Greek oregano, and Greek seasoning in the casserole dish and bake covered for 45 minutes.

While lentils bake, drain the tomatoes and mash gently inside the can with a fork.? Cut seeds out of the bell peppers and finely chop, and crumble enough Feta to make 3/4 cup.

After 45 minutes, take lentils out of the oven, stir in the crushed tomatoes, put the lid back on and bake for 15 minutes more.? Then take out again, gently mix in the finely chopped bell pepper and 2/3 of the Feta.? Crumble the rest of the Feta over the top and bake 15-20 minutes more, or until the Feta is starting to melt and get lightly browned.? Serve hot.


Click Here for Printer Friendly Recipe

South Beach Suggestions:
Dried beans and lentils are a great low-glycemic food for any phase of the South Beach Diet, but they're a limited food for Phase One, so use portion control.? (In a dish like this with lots of other vegetables and some cheese you can have a normal-sized servings.)
Nutritional Information?
I chose the South Beach Diet to manage my weight partly so I wouldn't have to count calories, carbs, points, or fat grams, but if you want nutritional information for a recipe, I recommend entering the recipe into Calorie Count, which will calculate it for you.
More Meatless Monday Ideas with Lentils:
(Recipes from other blogs not always South Beach Diet friendly; check ingredients.)
Ethiopian Red Lentils ~ Herbivoracious
Vegan Picadillo Lentil Stew with Sweet Bell Peppers and Green Olives ~ Kalyn's Kitchen
Vegan Barley and Lentil Pilaf with Mushrooms and Spinach ~ The Perfect Pantry
Mujadarra - Middle Eastern Lentils and Rice with Caramelized Onions ~ Kalyn's Kitchen
Tex-Mex Vegetarian Lentil Chili ~ Nummy Kitchen ?
(Want even more recipes? I find these recipes from other blogs using Food Blog Search.)

Blogger Disclosure:

Posts may include links to my affiliate account at Amazon.com, and Kalyn's Kitchen earns a few cents on the dollar if readers purchase the items I recommend, so thanks for supporting my blog when you shop at Amazon!

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Source: http://www.kalynskitchen.com/2013/02/vegetarian-greek-lentil-casserole.html

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'Unjust!' Poet shouts down court after getting 15 years for verse

DOHA, Qatar (AP) ? A poet jailed for a verse considered offensive to Qatar's ruler harshly denounced the Gulf nation's legal proceedings on Monday after an appeals court reduced his life sentence but still kept a 15-year prison term.

The rant in court ? rare in the tightly controlled Gulf Arab states ? underscored the free speech battles across the region as Western-backed authorities take strict measures against perceived political dissident in the wake of the Arab Spring.

From Kuwait to Oman, dozens of people have been arrested in the past year for social media posts deemed insulting to leaders or calling for political forms.

"Unjust," shouted poet Muhammad ibn al-Dheeb al-Ajami in the heavily guarded courtroom in Qatar's capita, Doha, after his appeal to drop the conviction was denied. The court, however, cut the life sentence handed down in November and imposed a 15-year term.

Al-Ajami faced specific charges from a poem posted online in 2010 that discussed the traits needed for a good leader ? which apparently was seen by authorities as a challenge to Qatar's emir and the ruling family.

But he also was more widely known for an Internet video of him reciting "Tunisian Jasmine," a poem lauding that country's popular uprising, which touched off the Arab Spring rebellions across the Middle East. In the poem, he said, "we are all Tunisia in the face of repressive" authorities and criticized Arab governments that restrict freedoms, calling them "thieves."

Al-Ajami still can appeal to a higher court.

"This sentence will not stand," said his brother Hasan. "When you strip away everything, this is just a case about power and pressure."

Earlier this month, a Kuwait court sentenced three former opposition lawmakers to three years hard labor for insulting the country's ruler during speeches made at political rallies. In January, a Kuwait blogger and online journalists received two-year sentences in back-to-back convictions for posts deemed "insulting" to the emir.

In November, the United Arab Emirates set stricter Internet monitoring and enforcement codes. They include giving authorities wider leeway to arrest Web activists for offenses such as mocking the country's leadership or calling for demonstrations.

Source: http://news.yahoo.com/qatar-poet-remains-prison-offensive-verse-072500475.html

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Taking the gamble out of DNA sequencing: How much can be learned in a large-scale experiment

Feb. 24, 2013 ? Two USC scientists have developed an algorithm that could help make DNA sequencing affordable enough for clinics -- and could be useful to researchers of all stripes.

Andrew Smith, a computational biologist at the USC Dornsife College of Letters, Arts and Sciences, developed the algorithm along with USC graduate student Timothy Daley to help predict the value of sequencing more DNA, to be published in Nature Methods on February 24.

Extracting information from the DNA means deciding how much to sequence: sequencing too little and you may not get the answers you are looking for, but sequence too much and you will waste both time and money. That expensive gamble is a big part of what keeps DNA sequencing out of the hands of clinicians. But not for long, according to Smith.

"It seems likely that some clinical applications of DNA sequencing will become routine in the next five to 10 years," Smith said. "For example, diagnostic sequencing to understand the properties of a tumor will be much more effective if the right mathematical methods are in place."

The beauty of Smith and Daley's algorithm, which predicts the size and composition of an unseen population based on a small sample, lies in its broad applicability.

"This is one of those great instances where a specific challenge in our research led us to uncover a powerful algorithm that has surprisingly broad applications," Smith said.

Think of it: how often do scientists need to predict what they haven't seen based on what they have? Public health officials could use the algorithm to estimate the population of HIV positive individuals; astronomers could use it to determine how many exoplanets exist in our galaxy based on the ones they have already discovered; and biologists could use it to estimate the diversity of antibodies in an individual.

The mathematical underpinnings of the algorithm rely on a model of sampling from ecology known as capture-recapture. In this model, individuals are captured and tagged so that a recapture of the same individual will be known -- and the number of times each individual was captured can be used to make inferences about the population as a whole.

In this way scientists can estimate, for example, the number of gorillas remaining in the wild. In DNA sequencing, the individuals are the various different genomic molecules in a sample. However, the mathematical models used for counting gorillas don't work on the scale of DNA sequencing.

"The basic model has been known for decades, but the way it has been used makes it highly unstable in most applications. We took a different approach that depends on lots of computing power and seems to work best in large-scale applications like modern DNA sequencing," Daley said.

Scientists faced a similar problem in the early days of the human genome sequencing project. A mathematical solution was provided by Michael Waterman of USC, in 1988, which found widespread use. Recent advances in sequencing technology, however, require thinking differently about the mathematical properties of DNA sequencing data.

"Huge data sets required a novel approach. I'm very please it was developed here at USC," said Waterman.

This research was funded by grants from the National Institutes of Health National Human Genome Research Institute (R01 HG005238 and P50 HG002790).

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The above story is reprinted from materials provided by University of Southern California, via EurekAlert!, a service of AAAS.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Timothy Daley, Andrew D Smith. Predicting the molecular complexity of sequencing libraries. Nature Methods, 2013; DOI: 10.1038/nmeth.2375

Note: If no author is given, the source is cited instead.

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Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_technology/~3/3-uOSnhnewE/130224142825.htm

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Economy will grow, but slowly in 2013, experts say

WASHINGTON (AP) ? Business economists expect 2013 will be another year of sub-par growth for the U.S. economy, reflecting uncertainty stemming from the budget battles in Washington and Europe's on-going debt problems. But they think the economy will improve as the year progresses and by 2014 will grow at the fastest pace in nine years.

In its latest survey of top forecasters, the National Association for Business Economics said it expected the economy, as measured by the gross domestic product, to expand at an annual rate of 2 percent this year, slightly worse than last year's lackluster 2.2 percent growth.

For 2014, however, the NABE forecasters believe the economy will be growing at a rate of 2.8 percent, which would be the best performance since 2005. The GDP, the economy's total output of goods and services, shrank in 2008 and 2009 as the country went through the worst economic contraction since the Great Depression of the 1930s.

Since then economic growth has been modest as the economy has been held back by a variety of factors including prolonged unemployment.

The latest quarterly forecast from NABE is based on responses from 49 forecasters gathered from Jan. 28 through Feb. 5. On growth, it represented a slight downgrade from the survey released in December which forecast the economy would grow 2.1 percent this year.

The NABE panelists were pessimistic about the effects the budget battles in Washington would have on growth. Nearly all felt growth would be reduced this year, given the uncertainty surrounding the budget. One-half of the panelists felt the drag would shave less than one-half percentage point from growth while one-third put the drag at between one-half and a full percentage point knocked off growth this year.

The panelists saw the economy strengthening as the budget uncertainty is resolved. They forecast growth in the second half of this year would average above a rate of 2.5 percent and get stronger next year.

"While the NABE forecasters see fiscal threats, they are optimistic that there will be some resolution toward the second half of this year and that will result in an improvement in many of the numbers is 2014," said Nayantara Hensel, an economics professor at the National Defense University in Washington and a member of the NABE forecasting panel.

The next budget deadline will occur Friday when across-the-board spending cuts totaling $85 billion, known as a sequester, are scheduled to go into effect.

Congress and President Barack Obama averted the so-called fiscal cliff at the end of December with a deal that allowed tax rates to rise on individuals making more than $400,000 and families making more than $450,000 per year. That deal also allowed the temporary 2 percentage point cut in Social Security payroll taxes, which was in effect for two years, to expire.

The tax increases in the fiscal-cliff deal, especially the rise in Social Security payroll taxes, will mean slower growth this year. It will mean that a worker earning $50,000 annually will see his Social Security tax go up by $1,000.

That will slow consumer spending, which accounts for 70 percent of economic activity. The NABE panel forecast consumer spending will rise at an annual rate of 1.9 percent this year but will accelerate in 2014 to a growth rate of 2.5 percent.

The NABE panelists were also pessimistic about Europe's on-going budget troubles, which have hurt the U.S. economy by cutting into export sales. Over one-third of the panelists said they believe Spain will need a larger bailout package this year and one-fourth think that on-going debt troubles in Italy will force that country to take bailout support as well.

"The problems in Europe and our own domestic fiscal drama will keep the investment outlook subdued," said Kenneth Simonson, chief economist for the Associated General Contractors of America and a member of the NABE panel.

Among other predictions in the latest NABE survey:

?Unemployment, currently at 7.9 percent, will decline slowly to 7.5 percent by the end of this year and to 7 percent by the end of 2014, with average monthly job growth of 170,000 this year and 193,000 in 2014.

?Inflation will remain modest at around 2 percent, giving the Federal Reserve leeway to keep a key short-term interest rate at a record low near zero this year and in 2014.

?New home construction, which is finally rebounding after the housing bust, will jump 25.6 percent this year and another 17.3 percent in 2014, pushing construction next year to 1.15 million homes.

Source: http://news.yahoo.com/economists-predicting-moderate-growth-2013-105958107--finance.html

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