Sunday, February 10, 2013

10 Things to Know about the big storm

Payloaders clear snow from the Long Island Expressway just west of exit 59 Ocean Ave where several cars and a truck are abandoned after a snow storm on Saturday, Feb. 9, 31, 2013, in Ronkonkoma , N.Y. (AP Photo/Kathy Kmonicek)

Payloaders clear snow from the Long Island Expressway just west of exit 59 Ocean Ave where several cars and a truck are abandoned after a snow storm on Saturday, Feb. 9, 31, 2013, in Ronkonkoma , N.Y. (AP Photo/Kathy Kmonicek)

A group of men help push a sports car up a snow-covered street in the Old Port section of Portland, Mane, during a snow storm, Friday, Feb. 8, 2013. The storm is expected to dump up to two feet of snow on the region. (AP Photo/Robert F. Bukaty)

Riders wait in a bus stop where color-tinted windows collect snow during a storm, Friday, Feb. 8, 2013, in Portland, Maine. The National Weather Service says a blizzard warning is issued Friday evening for the southern coast. The forecast calls for up to 2 feet of snow and winds gusting to 50 mph.(AP Photo/Robert F. Bukaty)

1. MORE THAN 650,000 LOST POWER IN NEW ENGLAND

Even the Pilgrim Nuclear Power Plant in Plymouth, Mass., had to shut down and turn to backup generators.

2. GUSTS HIT 82 MPH, BUT OUTAGES COULD HAVE BEEN WORSE

With leaves gone, damage to power lines from falling branches was less than it might have been.

3. AT LEAST SEVEN PEOPLE HAVE DIED

The deaths include three in Canada and an 11-year-old boy who died in Boston of carbon monoxide in a running car as his father tried to shovel it free.

4. MORE THAN 3 FEET OF SNOW FELL IN CONNECTICUT

Maine and Long Island recorded 30-plus inches, with Massachusetts and New Hampshire not far behind.

5. IT WAS ALL TOO MUCH FOR THE POSTAL SERVICE

"Neither snow nor rain nor heat nor gloom of night stays these couriers..." was canceled when New England delivery was halted.

6. AIR TRAVEL IS COMING BACK

Flights started landing at JFK Saturday morning, and Boston's Logan hopes to open partially by 11 p.m.

7. WHERE SNOWMOBILES BECAME RESCUE VEHICLES

Despite warnings and highway closings, hundreds of drivers were stranded on Long Island.

8. HOW SANDY VICTIMS WERE HIT AGAIN

Staten Islanders without power had only a tent shelter and tarps for protection.

9. NBA ROAD TRIPS WERE EXTENDED

The Knicks were stuck in Minnesota, the Spurs hunkered down in Detroit and the Brooklyn Nets took the train home from Washington.

10. YES, MICHAEL KORS WORE UGGS TO FASHION WEEK

"I came in looking like Pam Anderson," the designer joked after trading up for black leather boots in New York.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-02-09-10-Things-to-Know-Northeast-Snow/id-0d9cb0347731407eb67520c27f061d3b

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Video: Blizzard snarls travel in Northeast



>>> beyond the roads, today was a travel nightmare in the new york area for anyone who had planned to fly or take the train. nbc's rehema ellis is at laguardia airport with more on that. rehema, good evening to you.

>> reporter: good evening, lester. new york airports are getting back to the business of flying. but air travel is still far from normal tonight. there were more than 1800 cancellations at new york airports alone over the past few days, because of the storm. at one laguardia airport , about 20 stranded passengers spent the night sleeping on cots provided by the airlines. a few others camped out on the floor. the airport was virtually deserted. today, crews worked to dig out from under nearly a foot of snow at laguardia to get some flights operating again. amtrak passengers traveling between new york and boston, however, had no luck at all. as train service on that route was shut down again today. passengers we spoke to have been extremely patient and extremely understanding about all this. many of them saying it's because they had plenty of warning about what to expect. lester?

Source: http://video.msnbc.msn.com/nightly-news/50756942/

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Heartstring tugging ways for girls to pass guys Valentine chocolates

With Valentine?s Day almost upon us, goo Ranking published the results of a ranking survey into heartstring tugging ways of passing Valentine?s chocolates, and as is the tradition in Japan, it was for men receiving them from women.

R0020072.JPG

Demographics

Over the 7th and 8th of December 2012 1,059 members of the goo Research monitor group completed a private internet-based questionnaire. 61.4% of the sample were female, 10.8% in their teens, 14.4% in their twenties, 24.9% in their thirties, 28.8% in their forties, 11.5% in their fifties, and 9.6% aged sixty or older. Note that the score in the results refers to the relative number of votes for each option, not a percentage of the total sample. This question was for the women only.

Note that there are two kinds of chocolates; obligatory chocolates that have to be handed out to every male in one?s workplace or class that have no romantic significance, and true love chocolates, the meaning of which should be obvious!

I don?t think I?d be really too impressed with any of the below, myself, except of course the no beating about the bush of number four!

Ranking result

Q: What ways of passing Valentine?s chocolates do you find tug at your heartstrings? (Sample size=409, male)

Rank ? Score
1 Looking embarrassed and bashfully passing them 100
2 With her face bright red and saying ?These aren?t obligatory chocolates? 77.3
3 With her face bright red and looking up through her eyelids 75.9
4 Coming straight out with it and saying ?I love you!? 66.0
5 With damp eyes 56.7
6 Handing out chocolates to everyone, but whispering in my ear ?Yours are the only non-obligatory?keep it a secret!? 48.2
7 Saying ?I don?t need a gift in return on White Day, so instead we?ll go on a date? 45.4
8 Out of breath from chasing after me 44.0
9 Bumping into me by chance on the way home 43.3
10= Passing with a slightly unsteady hand 42.6
10= With a voice trembling with nerves 42.6
12 Saying ?It?s the first time I?ve hand-made chocolates? 41.8
13 As we are parting, her suddenly calling out ?Wait!? 40.4
14 Passing out the same obligatory chocolates as to everyone else, but when we are alone passing others with ?These are true love chocolates? 39.7
15 Saying ?Hide them quickly!? right after passing them 31.9
16 Passing them the night before saying ?I wanted to be the first? 30.5
17 Passing them the next day saying ?I should have given you them yesterday, but I was just too embarrassed?? 27.0
18 Forcing them into my hands and running away 25.5
19 Secretly sneaking them into my locker, bag, etc 24.1
20 Surreptitiously passing them to me on the bus, train home 18.4
Read more on: chocolate,goo ranking,valentine

Permalink

Source: http://feedproxy.google.com/~r/WhatJapanThinks/~3/mZ-A7jnTxkA/

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Saturday, February 9, 2013

Deep Fried Food May Increase Prostate Cancer Risk | pilladvised

Deep Fried Food May Increase Prostate Cancer Risk

Eating deep-fried foods such as French fries, fried chicken and doughnuts at least once a week is associated with an increased risk of prostate cancer, according to a study by investigators at Fred Hutchinson Cancer Research Center.

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Corresponding author Janet L. Stanford, Ph.D., and colleagues, from the Hutchinson Center?s Public Health Sciences Division, have published their findings online in The Prostate.

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While previous studies have suggested that eating foods made with high-heat cooking methods, such as grilled meats, may increase the risk of prostate cancer, this is the first study to examine the addition of deep frying to the equation.

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From French fries to doughnuts: Eating often may raise risk

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Specifically, Stanford, co-director of the Hutchinson Center?s Program in Prostate Cancer Research, and colleagues found that men who reported eating French fries, fried chicken, fried fish and/or doughnuts at least once a week were at an increased risk of prostate cancer as compared to men who said they ate such foods less than once a month.

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Read:Burgers, Fries and Beers: Recipe for Skin Cancer?

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In particular, men who ate one or more of these foods at least weekly had an increased risk of prostate cancer that ranged from 30 to 37 percent. Weekly consumption of these foods was associated also with a slightly greater risk of more aggressive prostate cancer.

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Deep frying may trigger formation of carcinogens in food

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Possible mechanisms behind the increased cancer risk, Stanford hypothesizes, include the fact that when oil is heated to temperatures suitable for deep frying, potentially carcinogenic compounds can form in the fried food. They include acrylamide (found in carbohydrate-rich foods such as French fries), heterocyclic amines and polycyclic aromatic hydrocarbons (chemicals formed when meat is cooked at high temperatures), aldehyde (an organic compound found in perfume) and acrolein (a chemical found in herbicides). These toxic compounds are increased with re-use of oil and increased length of frying time.

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Read more:Soy and Prostate Health

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Foods cooked with high heat also contain high levels of advanced glycation endproducts, or AGEs, which have been associated with chronic inflammation and oxidative stress. Deep-fried foods are among the highest in AGE content.

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For the study, Stanford and colleagues analyzed data from two prior population-based case-control studies involving a total of 1,549 men diagnosed with prostate cancer and 1,492 age-matched healthy controls. Participants were asked to fill out a dietary questionnaire about their usual food intake, including specific deep-fried foods.

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The first study of its kind

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Janet L. Stanford, Ph.D

Janet L. Stanford, Ph.D, Photo by Susie Fitzhugh

?To the best of our knowledge, this is the first study to look at the association between intake of deep-fried food and risk of prostate cancer,? Stanford said. However, deep-fried foods have previously been linked to cancers of the breast, lung, pancreas, head and neck, and esophagus.

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Because deep-fried foods are primarily eaten outside the home, it is possible that the link between these foods and prostate cancer risk may be a sign of high consumption of fast foods in general, the authors wrote, citing the dramatic increase in fast-food restaurants and fast-food consumption in the U.S. in the past several decades.

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Reference:

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The Prostate, Article first published online: 17 JAN 2013

?Consumption of deep-fried foods and risk of prostate cancer?

Marni Stott-Miller, Marian L. Neuhouser, Janet L. Stanford

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Source: http://pilladvised.com/2013/02/deep-fried-food-may-increase-prostate-cancer-risk/

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Wikipad Tablet Gets Back in the Game

It could have been game over for Wikipad after a flaw in the initial production run of its gaming tablet forced a launch delay late last year. The company used the extra time, however, to rethink the Wikipad, and this week it said the revised version will debut this spring. The new version will be smaller.

Source: http://ectnews.com.feedsportal.com/c/34520/f/632000/s/28614603/l/0L0Stechnewsworld0N0Crsstory0C77260A0Bhtml/story01.htm

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Michelle Obama to attend funeral of Chicago teen who performed at inauguration (cbsnews)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories Stories, News Feeds and News via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/283420683?client_source=feed&format=rss

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National home equity loan rates for Feb. 7, 2013 - Bankrate.com

  • 5.03% (line of credit)
  • 6% (loan)

Rates on loans backed by home equity barely changed in Bankrate's weekly survey.

The typical home equity loan rose 1 basis point to 6 percent. A basis point is one-hundredth of 1 percentage point.

The typical home equity line of credit, or HELOC, rose 1 basis point to 5.03 percent.

Source: http://www.bankrate.com/finance/home-equity/rate-roundup.aspx

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Friday, February 8, 2013

Clear Communication for Creative Professionals | Lucinda Atwood

Boosting Your Career with Clear Communication

You?re not a writer and never claimed to be one. You?re a designer, artist or developer. Your clients hire you for your unique vision, not your ability to write. But are you sabotaging your career with poor communication skills and habits? Clear communication builds healthy studios and loyal clients. This is a quick-start guide to improving your working relationships.

Why is Clear Communication Important?

When you communicate clearly, you reduce mistakes, delays, and bad feelings, which improves your relationships with clients, suppliers and administrators. Clients like working with you because they know what to expect and when, and feel included in the decision making process. They think you are a genius because you are able to clarify, for yourself and them, what they want and need.

Communicating Clearly Is Easier Than You Think.

1.???? Write And Speak So Your Audience Understands You.

Always write or speak to your audience. This means knowing who your audience is. The bigger and more diverse your audience gets, of course, the harder it is to know them and tailor your speech to individuals. But where possible, it?s important to know who you?re talking to, then you can speak directly to them, and tailor your content to their needs.

What do we mean by ?audience??

Your audience is whoever you?re talking to?it could be one person or many. When you write an invoice, for instance, your audience is your client or their accountant. If you write a Design Brief or Project Proposal your audience could include the client, their marketing, legal and administrative teams, as well as the designers and developers you will be working with. And when?with my help?you become rich and famous and give speeches to thousands, your audiences will be the people listening in the stadium, and the millions listening online.

Knowing a bit about your audience helps you gauge their goals and the best way to communicate with them. Ideally you would know the following:

  • who is your audience?their age, literacy, amount of time and interest in what you have to say
  • what they already know
  • what they need to know
  • what they want to know

How does knowing about your audience translate into changing the way you communicate with them? Imagine, for example, that you knew your audience included people who don?t speak English as a first language. You would use fewer idioms and slang. Another example: If you know that your audience is older art directors, you don?t give them a proposal package in 10-point thin type at 30% grey which looks stunning on the monitor but is completely unreadable to over-40 eyes. No. You just don?t.

2.???? Communicate Clearly.

Clear Communication is giving useful information in useable format. It?s using the fewest words that still get your idea across, and presenting your ideas in a way your audience can easily understand. You communicate clearly when you:

  • organize your thoughts beforehand
  • give the right amount of information (not too much; not too little)
  • include only useful content and don?t confuse your audience with too much detail
  • present your ideas in logical order
  • use everyday words and familiar terms
  • use only active words, not fillers like very or really (and um, like, or you know when speaking)
  • request feedback where appropriate, or simply observe the results and learn from them

3.???? Use Simple Words and Short Active Sentences.

Use the simplest word that works. Big or rare words can be confusing and intimidating. You don?t want to make your client feel stupid, so impress them with your great ideas instead of fancy language. Remember:

  1. Nothing?s more embarrassing than a misused complex word?just ask the person who claimed to be self-defecating instead of self-deprecating.
  2. When someone writes or speaks over our heads, we?re usually pissed off instead of impressed. First, we can?t understand what it means so our time?s being wasted, and second, they?re making us feel stupid or under-educated.

When we engage in business communication, especially when we write, we quickly become overly formal or vague. We provide business solutions for select clients means little; I can?t tell if you sell software or toilet paper. Using overly-fancy language just comes across as snobby. Even the gossips agree. Write and speak like you speak in conversation.

Clear Language makes your words and ideas accessible to non-experts, busy people and those with lower literacy or language skills.

Clear Communication Rules!

  • Use everyday words and familiar terms.
  • Speak and write in simple, active sentences. An active sentence goes subject > verb > object. Bob bit Eddy. (Eddy was bitten by Bob is passive.)
  • Use a positive tone?what to do instead of what not to do. This project will be completed by October 15th instead of This project will not continue past October 15th.
  • Spell out acronyms or abbreviations the first time you use them.
  • Remain jargon-free unless you know that everyone in your audience understands your term.
  • Organise your ideas and presenting them in a logical order. Some ways to present information are:
    • Chronologically
    • Order or importance
    • Order of appearance
    • Alphabetically
    • Simple to complex
    • Resolved or completed to in-progress or upcoming
  • Reread your writing and remove extra words or phrases that don?t add to the readers? understanding. You can usually remove words like really, greatly, at this time, it is to be hoped, furthermore, however and overly.
  • Formatting: if you?re a designer, this should be easy, but if you?re not, make yourself look good with these simple tips:
    • Include lots of white space
    • Keep paragraphs short (especially for on-screen and mobile reading)
    • Use consistent font sizes and styles; rarely more than a couple per page
    • Present your information in an obvious and scan-able hierarchy
    • Let bulleted lists be your friend
    • Add your contact info to each page
    • (And hey, you designers need occasional reminding about font sizes. Yes, 6-point type in 50% grey looks lovely, but most people over 40 can?t see it and will hate you for using it.)

4.???? Communicate Early & Often.

Clear Communication is a huge part of good project management, business development and client retention. When you talk to clients, you?re bridging cultures. Their world is business, finance or whatever; yours is creative practice. They don?t understand your world or speak your language?that?s why they hired you.

Part of your job as a creative professional is to educate your client. You need to explain your choices and their rationale to someone who may have no experience in your world. They also may report to a team or committee so your words have to be simple enough that they will be remembered and relayed accurately. The last thing you want is your project turning into a game of Telephone where each message gets slightly distorted as it passes from one person to another. Expressing yourself clearly in language your client understands makes their life easier and helps them look good to their boss and clients. You may want to give them written notes to take back to their team; this will ensure that your words don?t get mistranslated.

By taking responsibility for communication you also set the tone of your relationship. You present yourself as an honest professional who deserves respect. Clearly outlining all expectations and responsibilities reduces the chance of missteps, creating a smoother process for everyone.

Some examples of clear communication practices are:

  • Maintaining the client?s preferred level of contact before, during and after a project. Do they want every little detail or a weekly status report?
  • Being proactive about deadlines and managing expectations?if you?re going to miss a deadline, let them know and renegotiate it.
  • Educating clients so they can appreciate your choices and recommendations (ie recognise your brilliance)

Clear Communication Practices

  • Keep it focused on the client (what you can do for them). Remember that your job is to make them look good.
  • Read between the lines, and listen to what?s not being said.
  • Collaborate with your client?this is their baby too. Expect them to see themselves as the ?real? parent and you as the surrogate. It?s also a basic human desire to personalize things, so build in places where the client can have input. (Create choices they can?t muck up too much.) Exploit their product knowledge and industry expertise.
  • Give clients choice but don?t overwhelm them. (see above)
  • Don?t lie to or avoid your clients. If you?re going to miss a deadline, alert them. They may be responsible to a boss or committee?don?t make them look bad.
  • For many clients this project is just another item on their to-do list. The easier you make it for them to check it off, the more they will love you.
  • Creative professionals (like you) often get emotionally attached to their work. Try to be objective when talking to clients?they often have a more business-centric approach.
  • Educate your client. If they ask for something that just won?t work, don?t assume they?re an idiot or trying to drive you crazy. They are smart in their field?educate ?them about yours. Explain why something won?t work, then give options and explain why those are better. But accept that sometimes you have to go with the client?s choice.
  • Set clear deadlines for delivery, meetings and payment.
  • Ask questions.
  • Ask for feedback. Make it simple and structured: do you prefer this color or that one; would you like to add those features even though they?ll add three weeks to the timeline?
  • When you answer a question, ask if you?ve answered the question.

A client who feels treated with respect and who understands your choices and recommendations is more likely?and faster?to hire you, pay your invoice, and hire you again. That?s how you build a beautiful clientele.

About Lucinda

Lucinda Atwood is an author and teacher based on the west coast of Canada. She teaches clear communication in workshops and private consultation. Learn all about Clear Communication at LucindaAtwood.com, or follow her on Twitter @lucindaatwood.

Source: http://lucindaatwood.com/clear-communication-for-creative-professionals/

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Thursday, February 7, 2013

11,000 elephants slaughtered in national park

Feb. 6, 2013 ? The Wildlife Conservation Society (WCS) announced February 6 that a national park, once home to Africa's largest forest elephant population, has lost a staggering 11,100 individuals due to poaching for the ivory trade.

The shocking figures come from Gabon's Minkebe Park, where recent surveys of areas within the park revealed that two thirds of its elephants have vanished since 2004. The majority of these losses have probably taken place in the last five years.

Gabon contains over half of Africa's forest elephants, with a population estimated at over 40,000.

The surveys were conducted by WCS, WWF, and Gabon's National Parks Agency -- Agence Nationale des parcs Nationaux (ANPN). The survey was funded by ANPN, the CITES MIKE (Monitoring the Illegal Killing of Elephants) Program, and the United States Fish and Wildlife Service.

"This sad news from Gabon confirms that without a global commitment, great elephant populations will soon become a thing of the past," said WCS President and CEO Cristi?n Samper. "We believe that elephants can still be saved -- but only if nations greatly increase their efforts to stop poaching while eliminating the illegal ivory trade through better enforcement and reduced demand."

Until recently, Gabon's elephant herds were believed to be less impacted by poaching than in other parts of Africa, where according to the Born Free Foundation, an estimated 31,800 individuals were lost to poaching last year. However, Gabon's National Park Agency reported an uptick of poaching in recent years, including the 2011 slaughter of 27 elephants in a protected area just outside of the capitol.

In June 2011, a significant increase in human activity in the Minkebe National Park and its buffer zone was detected. A small camp of 300 artisanal gold miners had expanded to over 5,000 miners, poachers, and arms and drugs dealers. Park authorities estimated that 50-100 elephants were being killed daily as a result of increases in demand for ivory from the Far East and resulting price hike.

Since the survey results were announced, Gabon has stepped up its anti-poaching efforts seizing 20 tusks in the nation's capitol of Libreville and arresting poachers who had illegally entered the country from neighboring Cameroon. Gabon's National Park staff recently engaged in a firefight with armed poachers in Minkebe National Park after arresting two individuals carrying six tusks.

Gabon President Ali Bongo Ondimba announced that Gabon will pass new legislation to further dissuade commercial ivory poachers even more by increasing prison terms to a minimum of three years for ivory poachers and 15 years for poaching and ivory trafficking involving organized crime. Speaking in a cabinet meeting, the president urgently called for a strong, coordinated, and decisive response to this national emergency from all of the security and wildlife management services.

Lee White, head of the ANPN said: "Over the last three years we have deployed 400 additional parks staff, 120 soldiers and 30 gendarmes in our fight to stop illegal killing of elephants for the black market ivory trade. Despite our efforts we continue to lose elephants every day. If we do not turn the situation around quickly the future of the elephant in Africa is doomed. These new results illustrate starkly just how dramatic the situation has become. Our actions over the coming decade will determine whether these iconic species survive."

Richard Ruggiero, Chief of the Branch of the Near East, South Asia and Africa, Division of International Conservation, U.S. Fish & Wildlife Service, said: "We are working closely with the Gabonese authorities, who are showing true leadership, but this is a global problem and will require a global solution."

Mike Fay, the WCS explorer who played a key role in convincing the late Gabonese President Omar Bongo Ondimba to create a network of 13 national parks in 2002, said: "Conservation efforts in the Minkebe region have failed to react to the growing pressure of ivory poaching with tragic results. We need rethink how we do business and to act decisively if we are to save the elephant."

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The above story is reprinted from materials provided by Wildlife Conservation Society, via Newswise.

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Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_environment/~3/NXMqz7KlgM8/130206141539.htm

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Wednesday, February 6, 2013

Napkin Takes Visual Editing to a Higher Level

Aside from their intended purposes, napkins have been known to be used for such things as jotting down the next big idea at business lunches. It's that unintended purpose that inspired the folks at Aged and Distilled software to create their markup app called "Napkin." Napkin gives you a set of professional tools for visually editing content.

Source: http://ectnews.com.feedsportal.com/c/34520/f/632000/s/2840d108/l/0L0Stechnewsworld0N0Crsstory0C772340Bhtml/story01.htm

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Tunisian government out after critic's killing causes fury

TUNIS (Reuters) - Tunisia's ruling Islamists dissolved the government on Wednesday and promised rapid elections in a bid to calm the biggest street protests since the revolution two years ago, sparked by the killing of an opposition leader.

The prime minister's announcement that an interim cabinet of technocrats would replace his Islamist-led coalition came at the end of a day which had begun with the gunning down of Chokri Belaid, a left-wing lawyer with a modest political following but who spoke for many who fear religious radicals are stifling freedoms won in the first of the Arab Spring uprisings.

During the day, protesters battled police in the streets of the capital and other cities, including Sidi Bouzid, the birthplace of the Jasmine Revolution that toppled Zine al-Abidine Ben Ali in January 2011.

In Tunis, the crowd set fire to the headquarters of Ennahda, the moderate Islamist party which won the most seats in an legislative election 16 months ago.

Prime Minister Hamdi Jebali of Ennahda spoke on television in the evening to declare that weeks of talks among the various political parties on reshaping the government had failed and that he would replace his entire cabinet with non-partisan technocrats until elections could be held as soon as possible.

It followed weeks of deadlock in the three-party coalition. The small, secular Congress for the Republic, whose leader Moncef Marzouki has served as Tunisia's president, threatened to withdraw unless Ennahda replaced some of its ministers.

Wednesday's events, in which the Interior Ministry said one police officer was killed, appeared to have moved Jebali, who will stay on as premier, to take action.

"After the failure of negotiations between parties on a cabinet reshuffle, I have decided to form a small technocrat government," he said.

"The murder of Belaid is a political assassination and the assassination of the Tunisian revolution," he said earlier.

It was not clear whom he might appoint but the move seemed to be widely welcomed and streets were mostly calm after dark.

A leader in the secular Republican Party gave Jebali's move a cautious welcome.

"The prime minister's decision is a response to the opposition's aspirations," Mouldi Fahem told Reuters. "We welcome it principle. We are waiting for details."

Beji Caid Essebsi, leader of the secular party Nida Touns, who was premier after the uprising, told Reuters: "The decision to form a small cabinet is a belated move but an important one."

DIVISIONS

The widespread protests following Belaid's assassination showed the depth of division between Islamists and secular movements fearful that freedoms of expression, cultural liberty and women's rights were under threat just two years after the popular uprising ended decades of Western-backed dictatorship.

"This is a black day in the history of modern Tunisia. Today we say to the Islamists, 'get out', enough is enough," said Souad, a 40-year-old schoolteacher outside the ministry.

"Tunisia will sink in the blood if you stay in power."

Calls for a general strike on Thursday could bring more trouble though Belaid's family said his funeral, another possible flashpoint, might not be held until Friday.

Ennahda, like its fellow Islamists in Egypt's Muslim Brotherhood, benefited from a solid organization that survived repression by the old regime, to win 42 of seats in the assembly elected in October 2011 to draft a new constitution.

And as in Egypt, the Islamists have faced criticism from secular leaders that they are trying to entrench religious ideas in the new state. A constitution is still due to be agreed before a parliamentary election which had been expected by June.

Belaid, 48, was shot at close range as he left for work by a gunmen who fled on the back of a motorcycle. Within hours, crowds were battling police, hurling rocks amid volleys of teargas in scenes reminiscent of clashes in Egypt last month.

World powers, increasingly alarmed at the extent of radical Islamist influence and the bitterness of the political stalemate, urged Tunisians to reject violence and see through the move to democracy they began two years ago, when their revolution ended decades of dictatorship and inspired fellow Arabs in Egypt and across North Africa and the Middle East.

As in Egypt, the rise to power of political Islam through the ballot box has prompted a backlash among less organized, more secular political movements in Tunisia. Belaid, who made a name for himself by criticizing Ben Ali, led a party with little electoral support but his vocal opinions had a wide audience.

The day before his death he was publicly lambasting a "climate of systematic violence". He had blamed tolerance shown by Ennahda and its two, smaller secularist allies in the coalition government toward hardline Salafists for allowing the spread of groups hostile to modern culture and liberal ideas.

On Wednesday, thousands demonstrated in cities including Mahdia, Sousse, Monastir and Sidi Bouzid, the cradle of the revolution, where police fired teargas and warning shots at protesters who set cars and a police station on fire.

While Belaid's nine-party Popular Front bloc has only three seats in the constituent assembly, the opposition jointly agreed to pull its 90 or so members out of the body, which is acting as parliament and writing the new post-revolution charter. Ennahda and its fellow ruling parties have some 120 seats.

Since the uprising, Tunisia's new leaders have faced many protests over economic hardship and political ideas; many have complained that hardline Salafists may hijack the revolution.

Last year, Salafist groups prevented several concerts and plays from taking place in Tunisian cities, saying they violated Islamic principles. Salafists also ransacked the U.S. Embassy in September, during international protests over an Internet video.

The embassy issued a statement condemning Belaid's killing and urging justice for his killers: "There is no justification for this heinous and cowardly act," it said. "Political violence has no place in the democratic transition in Tunisia."

ECONOMIC TROUBLES

Declining trade with the crisis-hit euro zone has left the 11 million Tunisians struggling to achieve the better living standards many had hoped for following Ben Ali's departure.

Its compact size, relatively skilled workforce and close ties with former colonial power France and other European neighbors across the Mediterranean has raised hopes that Tunisia can set an example of economic progress for the region.

Lacking the huge oil and gas resources of North African neighbors Libya and Algeria, Tunisia counts tourism as a major currency earner and further unrest could scare off visitors vital to an industry only just recovering from the revolution.

Jobless graduate Mohamed Bouazizi set himself on fire in December 2010 in the city, 300 km (180 miles) southwest of Tunis, after police confiscated his unlicensed fruit cart, triggering the uprising that forced Ben Ali to flee to Saudi Arabia less than a month later, on January 14, 2011.

President Moncef Marzouki, who last month warned the tension between secularists and Islamists might lead to "civil war", cancelled a visit to Egypt scheduled for Thursday and cut short a trip to France, where he addressed the European Parliament.

"There are political forces inside Tunisia that don't want this transition to succeed," Marzouki said in Strasbourg. "When one has a revolution, the counter revolution immediately sets in because those who lose power - it's not only Ben Ali and his family - are the hundreds of thousands of people with many interests who see themselves threatened by this revolution."

Belaid, who died in hospital, said this week dozens of people close to the government had attacked a Popular Front group meeting in Kef, northern Tunisia, on Sunday. He had been a constant critic of the government, accusing it of being a puppet of the rulers of wealthy Gulf emirate Qatar.

DENIES INVOLVEMENT

Human Rights Watch called his murder "the gravest incident yet in a climate of mounting violence".

Ennahda leader Rached Ghannouchi denied any involvement by his party in the killing.

"Is it possible that the ruling party could carry out this assassination when it would disrupt investment and tourism?" Ghannouchi told Reuters.

He blamed those seeking to derail Tunisia's democratic transition: "Tunisia today is in the biggest political stalemate since the revolution. We should be quiet and not fall into a spiral of violence. We need unity more than ever," he said.

He accused opponents of stirring up sentiment against his party following Belaid's death. "The result is burning and attacking the headquarters of our party in many areas," he said.

Witnesses said crowds had also attacked Ennahda offices in Sousse, Monastir, Mahdia and Sfax.

French President Francois Hollande said he was concerned by the rise of violence in Paris's former dominion, where the government says al Qaeda-linked militants linked to those in neighboring countries have been accumulating weapons with the aim of creating an Islamic state across North Africa.

"This murder deprives Tunisia of one of its most courageous and free voices," Hollande's office said in a statement.

(Additional reporting by John Irish in Paris; Writing by Alison Williams and Alastair Macdonald; Editing by Giles Elgood)

Source: http://news.yahoo.com/tunisian-pm-condemns-killing-opposition-politician-092554730.html

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Analysis: Small lenders ride U.S. mortgage wave as big banks cut back

(Reuters) - Guaranteed Rate, Inc, a home loan company, opened shop in 2000 in Chicago with a single office. Now it is one of the 20 biggest U.S. mortgage lenders, with more than 140 offices.

Most of that growth has come in the last two years and Chief Executive Victor Ciardelli said in an interview he is not planning to slow down.

"We've hired over a thousand people over the last year and we're trying to hire a ton more," Ciardelli said.

Guaranteed Rate is one of scores of independent mortgage lenders and community banks pushing up through the rubble of the housing collapse, as profits rise amid improving demand for home loans for new purchases or mortgage refinancing. They are winning business from banks such as Citigroup Inc or Bank of America Corp that have retrenched after the financial crisis.

The five biggest U.S. mortgage lenders controlled just 53.2 percent of the market last year, down from nearly two-thirds in 2010, Inside Mortgage Finance data shows. As small lenders grow, that share could shrink to 40 percent of the $1.8 trillion mortgage market by 2014, a recent FBR Capital Markets report forecast.

The rise of smaller lenders is a boon for consumers. Several smaller lenders said lower costs, low interest rates and their faster processing times allowed them to be more aggressive on pricing than the bigger banks.

"When the big guys get backed up, they have a tendency to raise their price, to slow down volume. And that gives other lenders an opportunity, because the consumer thinks, ?Why would I pay an extra $100 a month,'" said Brian Hale, chief executive of Stearns Lending Inc.

Stearns, a home lender based in Santa Ana, California, saw originations increase 107 percent in 2012.

But the proliferation of lenders also comes with risks. While mortgage experts said underwriting standards are stricter now than in the years leading to the financial crisis, the rush into the sector raises the risk that regulators might not be able to police them effectively.

The Consumer Financial Protection Bureau, for example, has unveiled new rules for underwriting standards, but the bureau that was formed in 2011 as part of financial reforms has yet to prove itself.

"The CFPB is a very new agency that has been building out its examination force. They've been doing a very good job of that, but nevertheless a lot of the examiners are relatively new," said Patricia McCoy, a financial-institutions law professor at the University of Connecticut and a former senior mortgage-market official at the CFPB.

A CFPB official said the agency was staffing up and would continue to grow until it is at full capacity.

Small lenders, some of which are backed by private equity and hedge fund money, are also aggressively taking advantage of federal guarantees to make home loans geared toward low-income borrowers - more so than the big banks. Such loans, which are insured by the Federal Housing Authority (FHA), require a down payment of as little as 3.5 percent of the purchase price, compared with the usual 20 percent.

The CFPB's mortgage regulations specifically exempt the FHA, noted Guy Cecala, the publisher of Inside Mortgage Finance.

"There's no question that the FHA has the loosest underwriting of any mortgage program in the industry right now, and that naturally brings some risk," Cecala said. "The million-dollar question is, How much risk?"

Meanwhile, fast money looking for big returns is pouring into the sector.

"I get offers to be purchased by hedge funds and private equity all the time," Guaranteed's Ciardelli said.

To be sure, the increase in business for small lenders could be cut short as big banks ramp up. The two biggest players in the market now, Wells Fargo & Co and JPMorgan Chase & Co , have been gaining market share in recent years. Others such as Citigroup and Bank of America pulled back from the market during the financial crisis, but have been hiring loan officers in an effort to regain lost share.

Moreover, mortgage rates have risen recently, which could ultimately cut into demand for home loans.

But for now, small lenders and experts said the ramp up by the large banks is not enough to make up for all of the business they shed.

"There is a real opportunity for well-capitalized community banks and independent mortgage bankers to take market share," said Richard Bennion, director of residential lending at Seattle-based HomeStreet Bank.

BIG PROFITS

One reason for the rush into the market is enormous profits. The U.S. Federal Reserve last year said it was buying $40 billion of mortgages a month, which adds to demand for home loans and increases profits for banks that make loans and sell them to investors.

JPMorgan, for example, said earlier in January that margins from selling mortgage loans to investors were about 1.60 percentage points, more than double the historical level of about 0.65 percentage points.

Those kinds of margins give smaller competitors room to cut rates and still make money.

On its website at the end of January, Guaranteed Rate offered a $300,000, 30-year, fixed-rate home loan for 3.5 percent with up-front fees of $1,250. It claimed that compared favorably with three large banks - Wells Fargo, Citigroup and Bank of America - whose rates that day ranged from 3.625 percent to 3.75 percent for a similar mortgage, with fees starting at $3,200.

"The big banks are doing pretty well just turning on the lights and opening up the doors at their branch offices every day, so there's no need to compete on pricing," Inside Mortgage Finance's Cecala said.

Citigroup spokesman Mark Rodgers said the bank continually seeks to ensure that its mortgage rates are competitive. Wells Fargo spokesman Tom Goyda said he is confident his bank's pricing is competitive and noted that price is not a customer's only consideration when shopping for a mortgage. Bank of America spokeswoman Kris Yamamoto said rates and fees depend on multiple variables and that the bank offered discounts to certain customers who maintain assets with the bank.

'LENDER FOR THE MASSES'

While the FHA's lending has gradually decreased since the crisis, it has been a source of opportunity for smaller lenders. The agency insured $213 billion of loans in fiscal 2012, compared with $218 billion in 2011 and $298 billion in 2010, according to its 2012 annual report to Congress.

Cecala said this puts the FHA at 13.5 percent of the lending market, within its stated target range of 10 to 15 percent, and down from over 25 percent in 2009, when FHA lending peaked.

More so than big banks, many independent lenders are relying on FHA loans to keep their origination volumes high.

"This recession hit a lot of people hard and (the FHA program) gave us the opportunity to support those folks in a situation that was difficult for them," said Stanley Middleman, CEO of Freedom Mortgage Corp.

The Mount Laurel, New Jersey-based lender said about 35 percent of its $13 billion in mortgage origination for 2012 was FHA lending.

In contrast, JPMorgan's total government lending, which includes FHA, as well as programs targeted at veterans and rural homeowners, made up less than 21 percent of its overall origination volume, a spokeswoman said.

A Wells Fargo spokesman said an estimate of FHA lending at 15 to 20 percent would be reasonable, but would not confirm an exact number.

At another lender, Sherman Oaks, California-based Prospect Mortgage, FHA lending accounted for over 25 percent of its $8.42 billion in loans in 2012, a company spokesman said.

"We like to think of ourselves as the lender for the masses, not the classes," said Doug Long, Prospect's president of retail lending.

(Reporting By Anna Sussman; Editing by Carrick Mollenkamp, Dan Wilchins, Paritosh Bansal and Andre Grenon)

Source: http://news.yahoo.com/analysis-small-lenders-ride-u-mortgage-wave-big-050844365--sector.html

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Tuesday, February 5, 2013

NFL says no indication halftime show caused Super Bowl outage

NEW ORLEANS (Reuters) - The National Football League, the Superdome and a utility investigating the cause of a power outage at one of the world's most watched and meticulously planned events, on Monday exonerated the halftime show from blame in the Super Bowl mishap.

With more than 108 million Americans watching along with television viewers in 180 countries, about half the stadium lights went dark early in the second half of the game, in which the Baltimore Ravens defeated the San Francisco 49ers, 34-31.

The 35-minute disruption came moments after performer Beyonce lit up the Superdome with a halftime spectacular that officials said was powered by generators and would not have sapped the stadium's electricity.

"There's no indication at all that this was caused by the halftime show," NFL commissioner Roger Goodell told reporters on Monday. "I know that's out there, that Beyonce's halftime show had something to do with it. That is not the case from anything we have at this point."

The Super Bowl ranks with the Olympic Games and soccer's World Cup among the most planned sporting events in the world, and viewership is so intense that advertisements costing $4 million for 30 seconds on U.S. TV are considered part of the show.

"It (the outage) was on an epic scale for them (organizers) across the board. They start planning Super Bowls approximately four to six years out. It's the same thing with Olympic committees," said Dave Longwill, vice president for special events at TBA Global, which stages large events.

"I'm sure they're already looking at reviewing what's our contingency plan if this happens at the next one," he said.

Entergy Corp, the utility providing power to the Superdome, said its distribution and transmission feeders were serving the Superdome at all times.

A piece of equipment designed to monitor electrical load sensed an abnormality in the system where the Superdome equipment intersects with Entergy's feed into the building, triggering an automatic cut in power, Entergy said in a joint statement with the Superdome's management company, SMG.

"The halftime show, as the commissioner said, was running on 100 percent generated power, which means it was not on our grid at all," said Doug Thornton, senior vice president of SMG.

"There were no injuries, people remained calm, we had a pre-programmed announcement that was actually played. These are things that we actually drilled for," Thornton said.

None of the players or coaches said the stoppage had any impact on the game, and Goodell said the power problem would not adversely affect future bids by New Orleans to stage the Super Bowl.

Such power interruptions are often not caused by a power supply issue, said Jeff Spence, president of Atlanta-based Innovolt Inc, whose products help protect sensitive electronic devices from a variety of power disturbances.

The grid is just fine, but any building or facility built more than a few years ago is unlikely to be able to keep up with current power demand and the complexity of the power system in use, Spence said.

"We would not have been able to get the lights on sooner," once they were knocked off, Spence said. "Ideally, what you want to do is make sure the lights don't turn off. That's a bad thing; it takes a long time for them to get going."

(This version of the story deletes reference to Longwill working on the game in paragraph six.)

(Additional reporting by Daniel Trotta, Eileen O'Grady and Liana B. Baker; Editing by Daniel Trotta and Christopher Wilson)

Source: http://news.yahoo.com/super-bowl-interrupted-power-failure-superdome-014853097--nfl.html

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PFT: Jets still hoping they can trade Tebow

Jacksonville Jaguars' Robinson runs ball past Indianapolis Colts' Freeman during their NFL football game in JacksonvilleReuters

Good news and bad news about the Hall of Fame chances of former Bills WR Andre Reed.

The Dolphins could learn a few things at the Super Bowl.

Mike Reiss of ESPNBoston.com wonders if WR Brandon Lloyd is guaranteed a return to the Patriots in 2013.

Alec Baldwin had some fun at the Jets? expense during NFL Honors.

Said fomer Ravens T Jonathan Ogden of making the Hall of Fame, ?It?s kind of a full circle weekend. With me and Ray (Lewis), you couldn?t have written a better script over these two days because no one would?ve believed it.

Bengals defensive coordinator Mike Zimmer worked for Bill Parcells and added his voice to those celebrating Parcell?s election to the Hall of Fame.

Assessing the state of the Browns defensive line.

The son of the late former Steelers C Mike Webster is working to help those who suffer from brain injuries like the one that plagued his father.

Several former NFL players and coaches declared themselves fans of Texans coach Gary Kubiak?s work.

Bruce Arians is the fourth coach to win coach of the year for his work with the Colts.

Jaguars WR Laurent Robinson still has work to do to get back on the field for the 2013 season.

New Hall of Famer Curley Culp is best remembered as a Chief, but he was also a member of the Oilers/Titans organization.

Broncos QB Peyton Manning isn?t sure if he?ll keep wearing a glove on his throwing hand.

Chiefs chairman Clark Hunt is looking forward to a better 2013 season.

Did former Raiders WR Tim Brown hurt his Hall of Fame chances by accusing Bill Callahan of sabotaging Super Bowl XXXVII?

Chargers LB Takeo Spikes is a believer in the changes the team has undertaken already this offseason.

Joe Theisman doesn?t see the changes with the Cowboys making anyone uncomfortable.

The Giants are celebrating the career of former coach and new Hall of Famer Bill Parcells.

A look at what some early mock drafts are predicting for the Eagles.

Dan Graziano of ESPN.com thinks the ?dramatic degree? of Redskins QB Robert Griffin III?s impact made him the offensive rookie of the year.

An oral history of how the 1985 Bears came to do the Super Bowl Shuffle.

The Lions are weak in areas that both of this year?s Super Bowl teams are strong.

Packers QB Aaron Rodgers and former Packers QB Brett Favre shared the stage on Saturday night.

Said Chris Doleman of former Vikings teammate Cris Carter making the Hall of Fame, ?He?s going to appreciate it. He?s going to realize just how difficult this road was.?

Falcons WR Roddy White shared his thoughts on how to attack the 49ers secondary.

Panthers rookies have taken home honors two years in a row.

Six members of the Saints pitched in with a volunteer effort to help rebuild an area of Algiers, Louisiana.

Ira Kaufman of the Tampa Tribune recounts some of the details of his speech in support of former Buccaneers DT Warren Sapp for the Hall of Fame.

Said Cardinals coach Bruce Arians of winning the coach of the year award for his work with the Colts, ?It?s whipped cream and a cherry on top, all that stuff. It?s the final chapter of an unbelievable story but now I can?t wait to get on to the next one.?

With the arbitrator ruling in favor of the Rams? plan for renovating Edward Jones Dome, there?s talk about a new stadium in St. Louis.

Five reasons to like the 49ers in the Super Bowl.

Former Seahawks DT Sam Adams is staying busy in retirement.

Source: http://profootballtalk.nbcsports.com/2013/02/03/jets-still-hoping-they-can-trade-tebow/related/

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