Spain revises up deficit and raises taxes (AP)

MADRID ? Spain's new government warned Friday that the country's budget deficit will be much higher than anticipated this year, as it unveiled a first batch of austerity measures that include surprise income and property tax hikes.

Following the new conservative government's second Cabinet meeting, the budget deficit for this year was revised up to 8 percent of national income from the previous government's forecast of 6 percent.

Alongside the upward revision, which comes amid predictions that the Spanish economy will soon be back in recession, the government headed by Prime Minister Mariano Rajoy announced further measures to get a handle on its debts, including euro8.9 billion ($11.5 billion) in spending cuts.

"This is the beginning of the beginning," government spokeswoman Soraya Saenz de Santamaria said.

She said more reforms and austerity will come in 2012.

The conservative Popular Party took power only last week after a landslide election win on Nov. 20 and its main priority is to make sure that Spain doesn't get dragged into the debt crisis mire that has already forced Greece, Ireland and Portugal into seeking financial bailouts and is now threatening much-bigger Italy.

Though Spain's budget deficit is higher than the 3 percent threshold that was supposedly part of the euro's economic framework, it has so far avoided the same sort of bond market pressure that's currently afflicting Italy, partly because its overall central government debt burden is relatively low at around 66 percent ? Italy's is around 120 percent.

The yield on Spain's benchmark ten-year bonds is closing out 2011 at just over 5 percent, lower than Italy's 7 percent, a rate that is widely-considered to be unsustainable in the long-run.

Nevertheless, Spain has to keep a lid on its borrowings especially with unemployment so high and its regions and the private sector is so indebted too following the collapse of a property and construction bubble that had fueled robust growth for nearly a decade. Spain crawled out of nearly two years of recession in 2010, but the economy slowed this summer and growth was outright flat in the third quarter of this year.

An increase in the deficit forecast was not a total surprise, but the scale of the increase was.

Many economists had predicted an increase because the economy stagnated in the third quarter and is now officially forecast to drop back into recession in the first quarter of 2012. Spain's jobless rate is 21.5 percent, the highest in the euro zone.

Alongside the spending cuts, the new government maintained a freeze on civil servants' salaries and on practically all government hiring. Pensions though were increased by 1 percent, the only area of spending to go up ? Rajoy had pledged to increase pensions in a speech to Parliament last week prior to his swearing in.

Taxes on income will also be raised but only for two years.

Treasury Minister Cristobal Montoro said the increases will be progressive, with the wealthiest paying more and that the impact on lower-income earners will be minimal. The government is projecting that this will bring in euro6.2 billion.

Taxes will also be raised on homes, but only those less hit by property prices plummeting because of the burst real estate bubble.

Spokeswoman Saenz de Santamaria said the jump in the deficit forecast came as a surprise because the outgoing government was slow in turning over some documents.

"It is going to force us to take extraordinary measures," she said. "We are confronted with an extraordinary and unforeseen situation which is going to force us to adopt extraordinary and unforeseen measures"

Property taxes were also raised, but only through 2013.

The measures will go before Parliament on Jan. 11. Passage is assured because the Popular Party has a comfortable majority.

The measures are part of an extension of the 2011 budget because the last government did not pass one for 2012.

A bigger austerity whack is expected when the new government passes a full blown 2012 budget by the end of March.

____

Harold Heckle contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20111230/ap_on_bi_ge/eu_spain_financial_crisis

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Avastin disappoints against ovarian cancer

Avastin, the blockbuster drug that just lost approval for treating breast cancer, now looks disappointing against ovarian cancer, too. Two studies found it did not improve survival for most of these patients and kept their disease from worsening for only a few months, with more side effects.

The Genentech drug won approval in Europe last week for advanced ovarian cancer. But its maker has no immediate plans to seek the same approval in the United States. After talking with the Food and Drug Administration, "we do not believe the data will support approval" although no final decision has been made, said Charlotte Arnold, a spokeswoman for Genentech, part of the Swiss company Roche.

Results of the studies are in Thursday's New England Journal of Medicine.

In November, the FDA revoked Avastin's approval for breast cancer because it did not meaningfully extend life and can have serious side effects. Without approval, doctors can prescribe the drug but insurers may not pay. Treatment with it can cost $100,000 a year.

Avastin can still be sold for some colon, lung, kidney and brain cancers. The new research was aimed at adding ovarian cancer to the list.

One study, led by Dr. Robert Burger of Fox Chase Cancer Center in Philadelphia, involved nearly 1,900 women with advanced ovarian cancer given one of three treatment combinations. The time until the disease got worse was a median of 10 months in those given just chemotherapy; adding Avastin improved that by just one to four months for the other two groups.

Survival was similar among the groups, and side effects were higher among those on Avastin ? mostly high blood pressure but also some stomach and gut problems that needed treatment.

In the other study, led by researchers from England, more than 1,500 ovarian cancer patients were given chemo with or without Avastin. The drug kept cancer at bay just one to two months longer than chemo alone did, with more cases of high blood pressure. There was a trend toward improved survival for those on Avastin, but the difference was too small to say the drug was responsible.

Genentech helped pay for the studies and some of the researchers consult for the company.

Dr. Gary Lyman, a Duke University researcher who was on the FDA advisory panel that recommended revoking Avastin's approval for breast cancer, wrote in an email that he agreed with the company's decision not to seek approval for ovarian cancer.

"The situation is very similar" to the results in breast cancer, and approval is unlikely unless a biological marker or test can show which patients might benefit, he wrote.

About 220,000 new cases of ovarian cancer are diagnosed each year around the world, and it causes 140,000 deaths. In the United States, the National Cancer Institute estimates 22,000 new cases and 15,000 deaths each year.

___

Online:

Studies: http://www.nejm.org

___

Marilynn Marchione can be followed at http://twitter.com/MMarchioneAP

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/bbd825583c8542898e6fa7d440b9febc/Article_2011-12-28-Avastin-Ovarian%20Cancer/id-0eec7db1abfa479699d596f73ca30624

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Ford Brings Lane Departure Warning System to 2013 Fusion

Ford?s not quite ready to show you any advance looks at the next-generation Fusion, but the automaker is boasting that the 2013 Fusion may be one of the least expensive sedans to feature a form of lane departure warning when the new model debuts.

Ford says that it will equip select 2013 Fusion sedans with what it calls Lane Keeping System. The LKS combines a camera mounted behind the rear-view mirror, as well as a computer that can control the electronic power steering rack.

The system monitors a video feed from the windshield camera to detect solid and dotted lines and decide if the car is between them or not. If the car drifts out of a lane or makes an unsignaled lane change, the car will notify the driver with a tone and a flashing light.

The system also can sense if the driver is drowsy or inattentive. If he or she drifts out of the lane slowly, the system will sound an alarm tone, but will also vibrate the steering wheel (which Ford says will feel like running over rumble strips), and then nudge the car back into the lane if the driver doesn?t do anything else. If the car finds that a driver?s patterns show that he or she is drowsy, the information screen will flash a cup of coffee and suggest that the driver take a break.

While Ford claims that this is the first time that this feature set will be offered in the mid-size segment, the Fusion?s features will face stiff competition from another American car company: Chevrolet announced that it will now put Forward Collision Warning and Lane Departure Warning on its Malibu and Malibu Eco models. We wouldn?t be surprised if other competitors begin offering similar systems in the years to come.

Both systems have their subtle differences, but seeing as both come with high praise from the Insurance Institute for Highway Safety as critical safety features, a new segment of the car-buying market will soon reap the benefits of this technology.

Source: Ford

Source: http://rumors.automobilemag.com/ford-brings-lane-departure-warning-system-and-drowsy-driver-alert-to-2013-fusion-97621.html

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Shopping While Intoxicated nets online gains

After enjoying a few drinks, some people go dancing. Others order food. And for some, it?s time to shop online.

?I have my account linked to my phone, so it?s really easy,? said Tiffany Whitten, of Dayton, Ohio, whose most recent tipsy purchase made on her smartphone ? a phone cover ? arrived from Amazon much to her surprise. ?I was drunk and I bought it, and I forgot about it, and it showed up in the mail, and I was really excited.?

Shopping under the influence has long benefited high-end specialty retailers ? witness the wine-and-cheese parties that are a staple of galleries and boutiques. Now the popularity of Internet sales has opened alcohol-induced purchases to the masses, including people like Ms. Whitten, who works in shipping and receiving and spent just $5 on the cat-shaped phone cover.

Chris Tansey, an accountant in Australia, went shopping online after drinking late one night (to be precise, it was well into the morning). By the end of the session, he had bought a $10,000 motorcycle tour of New Zealand.

?The hang-ups of spending your hard-earned cash are so far removed from your life when you?ve had a bottle of wine,? Mr. Tansey said in an e-mail. The New Zealand trip was terrific, he said. But a pair of $3 sunglasses on eBay ?turned out to be horrible fakes, with $17 of postage that I obviously didn?t see with beer goggles.?

Story: Stores, downturn create new kinds of shoppers

Online retailers, of course, can never be sure whether customers are inebriated when they tap the ?checkout? icon. One comparison-shopping site, Kelkoo, said almost half the people it surveyed in Britain, where it is based, had shopped online after drinking.

But while reliable data is hard to come by, retailers say they have their suspicions based on anecdotal evidence and traffic patterns on their Web sites ? and some are adjusting their promotions accordingly.

?Post-bar, inhibitions can be impacted, and that can cause shopping, and hopefully healthy impulse buying,? said Andy Page, the president of Gilt Groupe, an online retailer that is adding more sales starting at 9 p.m. to respond to high traffic then ? perhaps some of it by shoppers under the influence.

On eBay, the busiest time of day is from 6:30 to 10:30 in each time zone. Asked if drinking might be a factor, Steve Yankovich, vice president for mobile for eBay, said, ?Absolutely.? He added: ?I mean, if you think about what most people do when they get home from work in the evening, it?s decompression time. The consumer?s in a good mood.?

Story: Online shopping up 16.4 percent on Christmas

Nighttime shopping is growing over all. ChannelAdvisor, which runs e-commerce for hundreds of sites, says its order volumes peak about 8 p.m., and that shoppers are placing orders later and later: in 2011, the number of orders placed from 9 to midnight increased compared with previous years.

A recent array of nighttime offers sent to a shopper?s e-mail inbox included: from 6 to 9 p.m., a limited-quantity sale on fashions at Neiman Marcus; at 7:38 p.m., a promotion for three-day stays at Loews hotels; at 8:44 p.m., a promotion by Gilt for macaroons and faux-fur blankets; and at 2:23 a.m., an offer by Saks for a $2,000 gift card with purchase.

At QVC, the television shopping channel, traffic and viewers rise around noon, then quiet down until after 7 p.m. Then items like cosmetics and accessories sell briskly. ?Call them girl treats ? they seem to attract a really strong following once you get past dinnertime,? said Doug Rose, senior vice president for multichannel programming and marketing for the company. ?You can probably come to your own conclusion as to what?s motivating her.?

Still, the nighttime spike requires delicacy among retailers: for reasons of propriety, they do not want to be seen as encouraging drunken shopping, and many people who inadvertently buy products in that state would most likely return them at high rates. On the other hand, a happy customer can lead to higher sales.

?In a shopping context, alcohol would lift people?s moods and make them feel more relaxed,? said Nancy Puccinelli, an associate fellow at the Oxford?s Sa?d Business School who studies consumer behavior. ?If we see a product and we feel good, we will evaluate the product more positively.?

Alcohol-fueled purchases, however, could lead to problems, she said. Even with online retailers storing credit card information and offering one-click checkout, alcohol reduces working memory, which means ?at the time of purchase, you wouldn?t have the cognitive ability to think through. If you think about a sweater: is this the right size, is it the right color,? she said.

Kristin A. Kassaw, a professor of psychiatry and behavioral science at Baylor, said online shopping while drunk could have serious financial consequences.

?When you?re loading things you can?t feel or touch into this fake cart, you don?t have a sense of, ?I?m buying all this stuff, I?m buying too much.? It takes you away from the actual spending-money experience,? she said.

In actual stores, despite the longer hours around the holidays, intoxicated shoppers seem to be rare ? but when they do appear, they can be quite disruptive.

On Thanksgiving night around 11 p.m., a shopper at a Walmart in Florence, Ala., was stumbling in the aisles and grabbing onto items; police officers shot him with a stun gun and charged him with public intoxication. At a Best Buy in Lufkin, Tex., a drunken man disappeared into a bathroom around 4 a.m. on Black Friday and tried to flush a cable down the toilet, apparently to avoid being caught shoplifting.

And in Scarborough, Me., early on the Friday after Thanksgiving, a man was arrested as he drove out of a Cabela?s parking lot, where he had ostensibly been drinking all night as he waited for the store to open.

Amanda Schuster, a wine-and-spirits writer and consultant in Brooklyn, says she never shops in actual stores after drinking, but she finds it hard to resist the Web. ?It feels productive in a way ? like I didn?t just come home drunk and pass out, I went home and did something,? she said.

That something tends to be buying used CDs at Amazon. When an unexpected package shows up, ?I try to backtrack a little bit, and I look in to my purchasing history, and I?m like, oh, yeah,? she said.

Regrets? She has a few.

?When did I get ?Heart?s Greatest Hits??? she said.

This story appeared in the New York Times on Dec. 27 as "Online Merchants Home in on Imbibing Consumers."

Copyright ? 2011 The New York Times

Source: http://www.msnbc.msn.com/id/45804069/ns/business-retail/

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Kazemi has 13 points, 15 rebounds as Rice beats Corpus Christi, former coach 78-66

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HOUSTON ? Arsalan Kazemi had 13 points, 15 rebounds and five assists Wednesday night as Rice defeated Texas A&M Corpus Christi 78-66.

Dylan Ennis added 12 points, Lucas Kuipers and Tamir Jackson 11 each, and Connor Frizzelle 10 for the Owls (9-5).

Terence Jones had 15 points, Myron Dempsey 14 and Chris Hawkins-Mast 13 for Corpus Christi (1-11), which lost its ninth straight game.

Rice turned the ball over 23 times ? leading to 30 points for the Islanders ? but prevailed by shooting 50 percent from the field and outrebounding Corpus Christi 47-35. The Islanders shot 34 percent and were just 1 for 9 on 3-point attempts.

The game marked a homecoming for Corpus Christi coach Willis Wilson, who is the winningest coach in Rice history (219 wins from 1992-2008) and was playing against his former school for the first time since being fired after a 3-27 season.

Source: http://www.dailyjournal.net/view/story/b3ae37b987ff45919c230d1317677406/BKC--Texas-AM-Corpus-Christi-Rice/

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Was 2011 The Best Gaming Holiday Season In History? - G4tv.com

It's nearing the end of 2011, a deeply craptastic 12 months. It was bad year for the world economy. And for movies.? And for for almost everything else on earth, but while Western civilization may be crumbling around us, know hope: 2011 was definitely a great year for one thing: Video games! And the peak part of this peak year was the 2011 holiday season.

It?s not often that gamers have nothing to complain about, and this holiday season is no exception. However, this time around, the complaints aren?t about bad games or exploitative publishing firms. Instead gamers are complaining that there are just too damn many good games out there. Or that there aren?t enough hours in the day to play them. Or that they have to work during prime Skyrim hours. Either way, I?m nearly positive that this year?s holiday season will go down as one of the greatest few months in video game history.

All three of the major game consoles are nearing the end of their production. Traditionally at this time in a console?s lifecycle, people are clamoring for the next generation; hedging their bets on upcoming games and looking beyond those being released at the time. Certainly this is the current situation of the Nintendo Wii. The Wii?after peaking in sales and capabilities years ago?is the victim of Nintendo itself. Having announced the Wii U, they essentially voiced a vote of no confidence in the slipping system, instead unintentionally encouraging consumers to sit back and wait?avoiding Nintendo products until the next system launches.

However, the impressive hardware of the PlayStation 3 and Xbox 360 have ensured their relevance remain far past that of its predecessors. Not only have they remained relevant, these two consoles continue to rack up sales, even amid the worst economic period since the Great Depression. Allow me to reiterate?with a near nine percent unemployment rate, Americans still purchased 1.7 million 360s and 900,000 PS3s during the month of November alone.

The existential reasoning is hard to suss out. Are Americans looking for escape from their increasingly austere lives? Are video games starting to offer some sort of release unavailable in movies or television? Regardless of the philosophical implications, there are a few reasons we can look at as to why this season above so many others is beginning to distinguish itself as an anomaly.

This season would best be summed up in one word: sequels. The last few months have seen a perfect storm of some of the most popular gaming franchises in the industry all releasing their newest iteration. Every single one of the top ten selling games of November was an installment of a well-known, high selling franchise.

Call of Duty: Modern Warfare 3, Elder Scrolls V: Skyrim, Battlefield 3, and Assassin?s Creed: Revelations; just to name a few. If the industry has taught us anything it?s that no matter how successful or wonderful a game is; a direct sequel will always sell more copies. The power of a name is paramount.

Some sequels unfortunately, simply suck. This year, though, this is largely not the case. Just about every sequel we?ve seen is just as wonderful?in general?as its predecessors. After a while I found myself shaking my head as game after game was released to universal critical acclaim. In fact, G4 gave out six perfect scores in the month of November alone. Not to mention the three this month.

It?s like arriving home on Halloween with a sack full of delicious candy, only to realize that your earlier well-laid plans to eat it in a single sitting only bent you over a toilet. Except in our case, each piece of candy requires at the very least eight to ten hours to consume. And like I said, there are no Almond Joys to throw away.

This brings us back to my original argument?this holiday season may never be surpassed in terms of sheer quality and quantity of an array of spectacular video games. Sure, next November we?re sure to see some great games; many of which may be anticipated sequels like BioShock: Infinite. But there is no way we can expect to see the breadth of games we have seen this year.

A perfect alignment of irregular series like Elder Scrolls, Saints Row and Rocksteady?s Batman is far too unlikely already. More unlikely still is all of these games are all so damn good. Also, the fact that the current generation of consoles is so near its expected funeral, yet still selling with such ferocity is not anything anyone could anticipate or hope to repeat.

Looking forward, with systems from both Sony and Microsoft rumored around 2014, many studios may choose to stop or slow development on PS3 and 360 games to get a jump on the next generation. Further, many gamers may start saving their money for bigger expenses; namely a PS4 or Xbox Whatever. This ambiguity from both consumers and developers make the next few holiday seasons tough to call. Beyond announced games, speculation is worthless when our current systems? clocks are ticking away.

Will holiday seasons continue to pump out great games? Sure. Publishers know that the best formula for success is sometimes not simply having a great game; but releasing the game at the most opportune moment. Often this moment is the season when consumers buy the most. Sure, if it?s convenient, publishing studios would love to march their games out before a horde of unwitting mothers and loved ones right before Christmas. But that isn?t always the case.

Hey, maybe we?ll see another season full of high profile titles and high sales. But I can guarantee you that we won?t?all at once?see a game of the scope and brilliance of Skyrim, a game that breaks as many sales records as Modern Warfare 3, or a game that concludes a series quite like Uncharted 3 did. But don?t worry about these glorious days passing you by so quickly. At least you?ll be able to tell your grandkids that you were lucky enough to live through the Winter of Games 2011.

You think you have it rough? In my day we had Skyrim and SWTOR come out within a month of each other.

Source: http://www.g4tv.com/thefeed/blog/post/719477/was-2011-the-best-gaming-holiday-season-in-history/

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City approves tax break for jobs

City approves tax break for jobs
Times-Journal
Fort Payne Mayor Bill Jordan recommended the council approve the city's $18 million 2012 fiscal year budget. Jordan said the budget showed a deficit of $426000 but the city had $500000 due in the form of grant reimbursements. ...

Source: http://ftpayne.waff.com/news/news/65266-city-approves-tax-break-jobs

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IMF says expects January talks with Egypt (Reuters)

CAIRO (Reuters) ? The International Monetary Fund (IMF) said on Tuesday it planned to meet with Egyptian authorities to discuss the country's economic problems but added that any funding would have to be based on benchmarks that had broad political support.

Egypt, whose economy has been hammered by the uprising that unseated Hosni Mubarak in February, turned down a $3 billion IMF facility in June, but ministers have indicated the country may now be prepared to return to the negotiating table.

"The IMF team is looking forward to discussions in January with the authorities on their economic program to address Egypt's difficult economic and financial situation," an IMF representative said in an emailed statement. It said it was too early to discuss specific measures.

Economists say Egypt is heading for a currency crisis if it does not swiftly stabilize an economy battered by the political turmoil, which has prompted an exodus of investors and tourists.

Because of worsening economic conditions the country may now need as much as $15 billion to stave off a full-blown financial crisis, some economists say.

Dozens of protesters have died in clashes with the army, the budget deficit has mushroomed, the cost of domestic borrowing has increased, foreign reserves have fallen and demand for Egypt's exports has fallen as the global economy weakened.

The IMF said it had remained "in close contact" with Egyptian authorities since early November on possible funding, but security concerns caused it to postpone a planned visit to Cairo in mid-December.

On Thursday, Prime Minister Kamal Ganzouri said told the nation on television that Egypt had gone to the IMF but the international body had not responded.

"Regarding the IMF, we were told it was necessary for Egypt to deal with the IMF to get loans. Our colleagues made the request, but nothing has come yet ... today we still request but they (the IMF) asked for a short delay."

EXTREME NEED

In its statement, the IMF said benchmarks for any funding package would need to "come from a program that is designed and owned by the Egyptian authorities and enjoys the broad political support necessary for its successful implementation."

On most occasions as government officials seem to edge close to signing up, Egypt's army has indicated its reluctance.

"The easiest thing would have been for the military council to accept the loans from abroad, give it to Egyptians to live a better life and then hand over power and the Egyptian people would have been responsible to repay these debts," General Mokhtar al-Mullah told reporters this month.

"So we have said that these loans are only for extreme need," Mullah told a group of reporters.

Al-Ahram newspaper reported on Sunday that the governor of Egypt's central bank and four ministers had agreed the country had no choice but to borrow money from abroad to plug a $10 billion to $12 billion financing gap.

It quoted the Central Bank Governor Farouk el-Okdah as saying the budget deficit in the year that began on July 1 could rise as high as 182 billion Egyptian pounds ($30.2 billion) instead of the 134 billion forecast last June.

Egypt's foreign currency reserves plunged to about $20 billion in November from $36 billion at the end of 2010, and economists say this could force the country to devalue its currency as soon as the first quarter of 2012.

($1 = 6.0275 Egyptian pounds)

(Writing by Patrick Werr; Editing by Kenneth Barry)

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/nm/20111227/wl_nm/us_egypt_imf

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CDCR Today: Inmate Death at California State Prison-Sacramento is Being Investigated as a Homicide

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CDCR Today: Inmate Death at California State Prison-Sacramento Is Being Investigated as a Homicide World? (tags: humans, killed, suffering, sadness, abuse, crime, congress, cover-up, crime, democrats, economy, elections, freedoms, government, media, obama, republicans, usa, healthcare, housing, constitution, 'CIVILLIBERTIES!', 'HUMANRIGHTS!', ethics, death, crime, c ) Alexis - 8 hours ago - cdcrtoday.blogspot.com The inmate, who has been identified as Anthony Steadham, 38, was transported to an outside hospital where he was pronounced dead at 5:04 a.m

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H2O Innovation secures $4.7m in contracts in US, Canada

CTBR Staff Writer
Published 23 December 2011

H2O Innovation has secured new contracts totaling $4.7m for industrial and municipal water treatment systems in the US and Canada.

Under the terms of the contracts, H2O Innovation will provide custom-built membrane filtration water treatment systems and equipment to industrial end-users in the US and Canada, and, to a lesser extent, to municipal end-users.

H2O Innovation will design, fabricate, and deliver reverse osmosis membrane filtration systems or equipment to Canadian and US industrial end-users in the mining, energy and power generation sectors.

The company will also deliver a 1.15MGD two-train reverse osmosis system for the production of process water at a textile plant for a repeat customer.

For a public utility company based in the US Mid-West, H2O Innovation will construct a double-pass reverse osmosis system followed by electrodeionization and mixed bed polisher for boiler make-up water production.

Another contract will see H2O Innovation build and deliver a system to municipal end-user, the Municipality of Sainte-Helene de Bagot in Quebec, for which the Company will manufacture a nanofiltration membrane system for the production of drinking water from underground sources.

All projects will be manufactured in the company's two North American plants, in Ham-Nord, Quebec and Minneapolis, Minnesota.

H2O Innovation designs, manufactures, and integrates custom-built water treatment systems for the production of drinking water and industrial process water, the reclamation and reuse of water, and the treatment of wastewater in the municipal, commercial, institutional, industrial, oil and gas, mining, and energy markets.

Source: http://waterwastemanagement.cleantechnology-business-review.com/news/h2o-innovation-secures-47m-in-contracts-in-us-canada-231211

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Japan probe finds nuclear disaster response failed

FILE - In this April 10, 2011 file photo released by Tokyo Electric Power Co. (TEPCO), workers in protective suits watch monitors as they operate remote-controlled rubble removing equipment to clear debris in the compound of the tsunami-crippled Fukushima Dai-ichi nuclear power plant in Okuma, northeastern Japan. A report reveled Monday, Dec. 26, said Japan's response to the nuclear crisis that followed the March 11 tsunami was confused and riddled with problems, including an erroneous assumption an emergency cooling system was working and a delay in disclosing dangerous radiation leaks. (AP Photo/Tokyo Electric Power Co., File) EDITORIAL USE ONLY

FILE - In this April 10, 2011 file photo released by Tokyo Electric Power Co. (TEPCO), workers in protective suits watch monitors as they operate remote-controlled rubble removing equipment to clear debris in the compound of the tsunami-crippled Fukushima Dai-ichi nuclear power plant in Okuma, northeastern Japan. A report reveled Monday, Dec. 26, said Japan's response to the nuclear crisis that followed the March 11 tsunami was confused and riddled with problems, including an erroneous assumption an emergency cooling system was working and a delay in disclosing dangerous radiation leaks. (AP Photo/Tokyo Electric Power Co., File) EDITORIAL USE ONLY

Japanese Prime Minister Yoshihiko Noda, right, receives an investigation report from Yotaro Hatamura, chairperson of the Investigation Committee on the Accident at the Fukushima Nuclear Power Stations of Tokyo Electric Power Co., at Noda's official residence in Tokyo, Monday, Dec. 26, 2011. Japan's response to the nuclear crisis that followed the March 11 tsunami was confused and riddled with problems, including an erroneous assumption an emergency cooling system was working and a delay in disclosing dangerous radiation leaks, a report revealed Monday. (AP Photo/Shizuo Kambayashi, Pool)

FILE - In this March 22, 2011 file photo released by Tokyo Electric Power Co. (TEPCO) , workers in protective suits conduct cooling operation by spraying water at the damaged No. 4 unit of the Fukushima Dai-ichi nuclear complex in Okumamachi, northeastern Japan,Tuesday, March 22, 2011. A report revealed Monday, Dec. 26, said that Japan's response to the nuclear crisis that followed the March 11 tsunami was confused and riddled with problems, including an erroneous assumption an emergency cooling system was working and a delay in disclosing dangerous radiation leaks. (AP Photo/Tokyo Electric Power Co., File) EDITORIAL USE ONLY

Yotaro Hatamura, left, chairperson of the Investigation Committee on the Accident at the Fukushima Nuclear Power Stations of Tokyo Electric Power Co., and Kunio Yanagida, right, a member of the investigation committee, react during the committee meeting in Tokyo, Monday, Dec. 26, 2011. Japan's response to the nuclear crisis that followed the March 11 tsunami was confused and riddled with problems, including an erroneous assumption an emergency cooling system was working and a delay in disclosing dangerous radiation leaks, a report revealed Monday. (AP Photo/Koji Sasahara)

TOKYO (AP) ? Japan's response to the nuclear crisis that followed the March 11 tsunami was confused and riddled with problems, including an erroneous assumption an emergency cooling system was working and a delay in disclosing dangerous radiation leaks, a report revealed Monday.

The disturbing picture of harried and bumbling workers and government officials scrambling to respond to the problems at Fukushima Dai-ichi nuclear power plant was depicted in the report detailing a government investigation.

The 507-page interim report, compiled by interviewing more than 400 people, including utility workers and government officials, found authorities had grossly underestimated tsunami risks, assuming the highest wave would be 6 meters (20 feet). The tsunami hit at more than double those levels.

The report criticized the use of the term "soteigai," meaning "outside our imagination," which it said implied authorities were shirking responsibility for what had happened. It said by labeling the events as beyond what could have been expected, officials had invited public distrust.

"This accident has taught us an important lesson on how we must be ready for soteigai," it said.

The report, set to be finished by mid-2012, found workers at Tokyo Electric Power Co., the utility that ran Fukushima Dai-ichi, were untrained to handle emergencies like the power shutdown that struck when the tsunami destroyed backup generators ? setting off the world's worst nuclear disaster since Chernobyl.

There was no clear manual to follow, and the workers failed to communicate, not only with the government but also among themselves, it said.

Finding alternative ways to bring sorely needed water to the reactors was delayed for hours because of the mishandling of an emergency cooling system, the report said. Workers assumed the system was working, despite several warning signs it had failed and was sending the nuclear core into meltdown.

The report acknowledged that even if the system had kicked in properly, the tsunami damage may have been so great that meltdowns would have happened anyway.

But a better response might have reduced the core damage, radiation leaks and the hydrogen explosions that followed at two reactors and sent plumes of radiation into the air, according to the report.

Sadder still was how the government dallied in relaying information to the public, such as using evasive language to avoid admitting serious meltdowns at the reactors, the report said.

The government also delayed disclosure of radiation data in the area, unnecessarily exposing entire towns to radiation when they could have evacuated, the report found.

The government recommended changes so utilities will respond properly to serious accidents.

It recommended separating the nuclear regulators from the unit that promotes atomic energy, echoing frequent criticism since the disaster.

Japan's nuclear regulators were in the same ministry that promotes the industry, but they are being moved to the environment ministry next year to ensure more independence.

The report did not advocate a move away from nuclear power but recommended adding more knowledgeable experts, including those who would have been able to assess tsunami risks, and laying out an adequate response plan to what it called "a severe accident."

The report acknowledged people were still living in fear of radiation spewed into the air and water, as well as radiation in the food they eat. Thousands have been forced to evacuate and have suffered monetary damage from radiation contamination, it said.

"The nuclear disaster is far from over," the report said.

The earthquake and tsunami left 20,000 people dead or missing.

___

Follow Yuri Kageyama on Twitter at http://twitter.com/yurikageyama

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2011-12-26-AS-Japan-Nuclear/id-b22db784d3c9499088e73e929db07628

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Madison, Eugene Mayors Make Community-Based Rose Bowl Wager

Madison Mayor Paul Soglin and Eugene, Ore., Mayor Kitty Piercy have made a friendly wager on the Rose Bowl that will make either community a winner pending the outcome of the Wisconsin Badgers and Oregon Ducks match up.

"We wanted to develop a wager that could benefit our entire community and particularly those most in need," Soglin said in a news release.

Each mayor has committed to privately raising $500 if their team loses. The money will then be used for tools for Habitat for Humanity organizations in either Madison or Eugene.

"Each of us will raise the money privately and no city funds are involved," Soglin said. "This is a great program and we both want to support it."

Both mayors said they are aware of the growing need for shelters and services for the homeless. They each credit Habitat for Humanity for the work it is doing. But each also is rooting on their favorite teams in the Rose Bowl.

"I am looking forward to our local workers benefiting from new tools because I truly expect our Badgers to win," Soglin said.

Piercy replied, "In your dreams Mayor Soglin, but seriously, whoever benefits from this wager serves those in need in our country and that?s what it?s all about."

The Badgers and the Ducks kick off the 2012 Rose Bowl on Jan. 2 at 4 p.m.

Source: http://downtownmadison.channel3000.com/news/community-spirit/63611-madison-eugene-mayors-make-community-based-rose-bowl-wager

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Imported garlic smuggled to India straining forex reserve

Nazmul Ahsan

A large quantity of garlic imported from abroad has been smuggled out to India through Bangladesh's porous border, draining hard-earned foreign currency and straining the country's falling reserve, an intelligence report has said.

High price of garlic in India where the spice is part of a daily menu for the nation's 1.20 billion people has spawned a flourishing new smuggling trade in Bangladesh's western border, the report by a key intelligence agency said.

The agency's probe has unearthed that this "unholy practice" has been going on for months in the bordering districts in connivance with the members of the Border Guards of Bangladesh (BGB) and Border Security Force (BSF) of India.

The illegal trade has become so "booming and problematic" that the agency suggested that the government impose "temporary ban" on garlic import and launch a crackdown on the spice hoarders based in the border districts.

"High garlic prices in Indian markets than those in Bangladesh are the main reason for the unethical trade," it said, adding one kilogram of garlic in India is now at least 50 taka costlier than Bangladesh.

On Wednesday garlic was sold between Tk35 and Tk 40 per kilogram in Dhaka, while imported garlic was traded between Tk 40 and Tk 50, a market report of state-run Trading Corporation of Bangladesh (TCB) said.

Commerce ministry officials said due to bumper production of garlic in the country prices of the spice have gone down by about 50 per cent in recent months compared to the rates during the same period last year.

They rejected an outright import ban of garlic, saying any final decision must follow consultations with the spice growers, traders, experts, agriculture ministry and revenue board officials.

"Garlic import enjoys zero-duty facility at the customs. So we can consider either slapping a ban or imposing duties on the import," a senior official at the commerce ministry said.

The official, however, told the FE that the authorities would make a decision on the zero-tariff status of garlic import very soon in an effort to ease the pressure on the country's declining foreign exchange reserve.

"We will come to a decision shortly because the issue is related to our foreign exchange reserve, which the government can not afford to drain further to benefit smugglers," he added.

The country's foreign exchange reserve has dropped below $10 billion dollars early this month, covering only about three months' import payment, down from around four months' payment during the same time last year.

The International Monetary Fund has asked the government to help preserve the forex buffer in the wake of renewed turmoil in the global economy and a spike in the country's import cost against a modest export and remittance growth.

According to the report, border areas in Sathkhira Dinajpur, Chuadanga, Jhinaidah, Rajshahi, Chapainawabgonj, Jaypurhat, Kustia, Kurigram, Meherpur and Jessore are the main smuggling routes being used by the rogue traders.

Trucks, pick-ups, motorcycles and even bicycles are used for transporting garlic from Bangladesh to India, it said, adding at least 300 smugglers are involved in the unlawful business.

According to government data, garlic worth Tk 1.18 billion was imported during the first quarter of the current 2011-2012 fiscal year.

The intelligence report said the traders use mobile phones to conduct smuggling since the network of a number of Bangladeshi cellular phone operators also covers miles into the Indian border districts.

The agency has asked the authorities limit network access in the border areas in order to tackle smuggling.

Source: http://www.thefinancialexpress-bd.com/more.php?news_id=160334&date=2011-12-23

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Congress punts hard payroll tax work to 2012 (Reuters)

WASHINGTON (Reuters) ? President Barack Obama signed into law a two-month payroll tax cut extension on Friday, capping a year of fierce partisan combat over taxes and spending that will resume in January and play heavily in the 2012 elections.

The Senate and the House of Representatives, by voice votes in chambers nearly emptied for the holidays, passed a $33 billion (21 billion pounds) bill to keep the payroll tax rate at 4.2 percent through February. It had been scheduled to increase on January 1 to 6.2 percent. Obama swiftly signed the bill.

"We have a lot more work to do," the president said at the White House. "This continues to be a make-or-break moment for the middle class ... There are going to be some important debates next year."

Obama heads to vacation in Hawaii with an important political win in his portfolio after he and fellow Democrats prevailed in the message war by backing lower taxes for middle-class Americans in the midst of a fragile economic recovery.

The battle took a toll on House Republicans led by Speaker John Boehner, who were forced to make an embarrassing retreat and agree to a short-term deal Thursday after getting hit by critics on all sides, include their colleagues in the Senate.

The temporary fix lets lawmakers lower the curtain, for now, on a year of political deadlock that in the end produced only a series of inconclusive truces. The fiscal policy debate is set to rage straight through the 2012 election season and beyond.

While Congress is on a long winter break now and does not return to full swing until late January, newly appointed negotiators are expected to begin work soon on figuring out how to pay for extending the payroll tax cut through 2012.

Republicans have sought a continued freeze on federal worker pay and cuts in Medicare benefits for the wealthy. Democrats have rejected both ideas while proposing a surtax on the wealthy to cover the extension's cost. Republicans reject this.

Both sides have been open to cutting federal workers' pension benefits. There also were last-minute Senate negotiations last week on possibly ending some tax breaks for the wealthy, such as a small one involving corporate jets.

Minutes after the bipartisan deal was passed by Congress, the bickering that has come to dominate Capitol Hill resumed.

Republican Representative Tom Price, a leader of House conservatives, immediately criticized the short-term extension, calling it a "two-month punt" and saying it would not have been needed if Senate Majority Leader Harry Reid, a Democrat, and Obama had "been willing to do their job today."

'NOTHING OFF THE TABLE'

In a sign that the battle is far from over, Reid signaled that Democrats could renew their push for a surtax on wealthier Americans. Democrats had dropped that demand during the year-end negotiations that produced the two-month deal.

"There is nothing off the table," he said.

Obama scored a victory in the payroll tax struggle over Tea Party conservatives in the House who tried to block the two-month extension. They backed down on Thursday in the face of bipartisan criticism, but they are not going away.

Representative Tim Huelskamp, a first-term Republican, said on CNN that he was disappointed with Republican leadership caving in to pressure and accepting the two-month deal.

Next year could be a rough one for Boehner, the top House Republican, said Norm Ornstein, a scholar at the American Enterprise Institute, a conservative think tank.

Boehner spent 2011 having to negotiate with many of his own party members on just about every major piece of legislation.

Now that House Republicans have had to go along with Democrats in the payroll tax debate, "the idea that this group of angry Tea Party Republicans, who feel betrayed, now will go along or that Boehner will be more capable of defying them is a little bit wrong-headed," Ornstein said.

Meanwhile, Democrats might be emboldened, believing "they've learned to play poker," he added.

Patrick Griffin, associate director Of American University's Center for Congressional and Presidential Studies, said House Republicans "overplayed their hand. How they interpret that lesson will be very interesting."

Any edge conferred on Democrats might be short-lived, however. The 2012 election cycle is just set to kick off with the Iowa Republican presidential caucus on January 3 and a long road lies ahead until voters go to the polls in November.

The payroll tax funds the Social Security retirement pension system. If it had been allowed to rise, the increase would have hit the wallets of 160 million working Americans.

The $33 billion needed to pay for the two-month extension will be raised by increasing fees charged by housing finance giants Fannie Mae and Freddie Mac for guaranteeing mortgages.

Analysts said the fee hike, which investors will likely pass along to borrowers, could raise financing costs for mortgages, but probably not enough to slow a housing market recovery.

Unemployment benefits set to expire soon were extended as well, while cuts in payments to doctors who treat patients in the government-backed Medicare health insurance program for the elderly were postponed, under the bill signed by Obama.

Also included in it was a Republican initiative aiming to force the administration into fast approval of an oil pipeline opposed by environmentalists and many Democrats. The provision gives Obama 60 days to either approve TransCanada's Keystone XL pipeline from Canada to Gulf of Mexico facilities in Texas, or declare it not in the national interest.

Obama wants more time to evaluate the environmental impact of routing the pipeline through sensitive areas of Nebraska. The White House has said that if pushed for a decision within 60 days, the administration would be forced to reject the project.

Not extending the payroll tax cut, analysts warned, could have jeopardized the recovery, even risking another recession.

The modest two-month fix drew fire from some businesses that said it will complicate payroll processing and tax planning.

The payroll situation "could get more confusing," said Robert Gard, an accountant with Gard and LaFreniere LLC in Alpharetta, Georgia. If the tax is not extended at the end of February, businesses will need to reprogram software, he said.

(Reporting by Richard Cowan, Rachelle Younglai, Patrick Temple-West, Margaret Chadbourn and Ayesha Raschoe. Writing by Kevin Drawbaugh; editing by Mary Milliken)

Source: http://us.rd.yahoo.com/dailynews/rss/us/*http%3A//news.yahoo.com/s/nm/20111223/pl_nm/us_usa_taxes

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Dropbox knows you're an early adopter, gives you a sneak peek of its new Android app

Dropbox knows it's not the only cloud storage option for Android, so the company is handing out an early Christmas present to get more green bots on board with its services: early access to its unreleased Android app. This new version, along with the usual debugging, adds a flood of fresh new features such as: bulk uploads, single-tap access to content and speedy offline entry to your favorites folder, just to mention a few. Fret not, newly minted Nexus owners, the cloud locker service isn't staying away from the creamery -- the application offers full ICS optimization, which is great news for all current and future adopters of the sugary OS. We know you love pre-released bits, so if you think you can handle it, the source link below has a download waiting for you.

Update: Dropbox has released it to the Market, so just hit update to grab the latest version or check out the official blog for more details.

Dropbox knows you're an early adopter, gives you a sneak peek of its new Android app originally appeared on Engadget on Thu, 22 Dec 2011 21:57:00 EDT. Please see our terms for use of feeds.

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/GPMIp-_3qao/

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Warriors' Ellis sued for alleged sexual harassment (AP)

OAKLAND, Calif. ? A former Golden State Warriors employee filed a sexual harassment lawsuit against star guard Monta Ellis on Wednesday, alleging Ellis sent her unwanted texts that included a photo of his genitals.

In her lawsuit, which also names the team, Erika Ross Smith alleges Ellis began sending her several dozen explicit messages, sometimes several times a day, starting in November 2010 through January while she worked for the team's community relations department.

The messages included lines such as, "I want to be with you," and "Hey Sexy," and periodically asked her what she was wearing or doing, according to the lawsuit.

Smith would often reply with "What do you want?" or "I am sleeping," the lawsuit claims.

"On a micro level, my client has endured unwanted harassment, has suffered and continues to suffer emotional distress and trauma," her attorney, Burt Boltuch, said at a news conference in his Oakland office. "On a macro level, this type of conduct, especially in the sports world, must stop.

"She was embarrassed. She was intimidated. She felt scared and helpless."

The Warriors deny the allegations, saying Ellis and Smith had a "consensual relationship."

At a charity event in nearby Alameda, Ellis would only say that the team has responded.

"It's a legal matter, we'll let it play its course," Ellis told KTVU-TV. "Y'know, what happens, happens."

Boltuch said his client rejected Ellis' advances and feared that no one would believe her.

"I was treated unfairly. I was let go," Smith said at the news conference. "It wasn't my fault that I was let go."

Boltuch also showed a photo of what he said was Ellis' genitalia that the guard allegedly sent to Smith's work-issued cellphone on Dec. 17, 2010, a day after he complained to the team about her job performance.

When questioned if the photo came from Ellis, Boltuch responded, "We know it came from him."

Rick Welts, the Warriors' president and chief operating officer, said in a prepared statement Wednesday that the organization takes all harassment allegations seriously.

"When we were made aware of a consensual relationship between Mr. Ellis and the Plaintiff, we did what an organization should do. We told both to stop ? promptly, directly and fairly," Welts said. "The Warriors have never taken any action against the Plaintiff for any inappropriate reason, and we deny the allegations she is making."

Boltuch rejected the team's claim.

"It was absolutely, unequivocally 100 percent not consensual," Boltuch said. "And if it was, why was my client's job duties removed and nothing was done to Mr. Ellis? To me that smacks of sexual harassment."

Ellis' agent, Jeffrey Fried, said Wednesday that he was en route to Oakland and didn't immediately have a comment.

According to the lawsuit, the Warriors changed Smith's job description and eventually fired her after Ellis' wife, Juanika Ellis, learned of the texts and complained to team executives in January.

Smith said she told team executives that Monta Ellis told her he was using a "secret cellular phone" that was being kept by the team's equipment manager and was in the name of a third party.

Smith, who has worked in similar jobs with the Washington Wizards and the Phoenix Suns, said Wednesday that it was tough to go public.

"It was pretty hard because I knew that essentially my career is over and it would be hard to re-establish myself after working so hard throughout the years," said Smith, who believes she may be blacklisted in NBA circles.

According to the lawsuit, Smith said she told team officials that Ellis' wife called her on Jan. 7 and said, "I know about the secret phone."

Shortly after that, Smith said Ellis told her that he met with team officials and general manager Larry Riley told him "not to worry," and that "everything would be swept under the rug."

The following month, Juanika Ellis apparently used her purse to push Smith into a wall during a Warriors home game, the lawsuit said. Smith said she believes that Ellis' wife believes Smith initiated the texts with the player.

"She was accusatory towards me," Smith said Wednesday.

Boltuch said the team in February reduced Smith's responsibilities, including interaction with Ellis and other players after she refused to resign.

"They offered her what I believe is a bribe," Boltuch said. "They said, `It'd be best if you resign and we'll give you some money.' She rejected it."

Boltuch said the team eliminated Smith's position in August, more than a week after she notified the team that a reporter contacted her inquiring if Ellis was "stalking" her.

The lawsuit alleges retaliation, wrongful termination and intentional infliction of emotional distress and seeks unspecified damages.

Ellis was the Warrior's leading scorer last season, averaging 24.1 points per game. His acrobatic layups and ball handling skills have made him a fan favorite though he is known to be reticent and has few endorsement deals and less notoriety than other players of his stature.

Ellis signed a $66 million, six-year deal with the Warriors in 2008 not long after winning the NBA's Most Improved Player award.

He then sustained a serious ankle injury that summer on his motorized scooter and missed most of the season, earning a 30-game suspension without pay because he wasn't supposed to be riding such a vehicle.

Ellis was recently selected as a team captain for this season.

Source: http://us.rd.yahoo.com/dailynews/rss/sports/*http%3A//news.yahoo.com/s/ap/20111222/ap_on_sp_bk_ne/bkn_warriors_ellis_sexual_harassment

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Nikon Adapter Puts Giant Lenses Onto Tiny Cameras

Tomorrow, Nikon will launch its FT1 adapter, a device that will let you put any Nikon lens onto the front of the tiny Nikon 1 cameras. A nice touch is that full automation will be preserved with certain lenses. S-series glass, with internal focus motors, will even be able to auto-focus on the little cameras.
But [...]

Source: http://feedproxy.google.com/~r/GearFactor/~3/OftqSgRPRvU/

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Is the Print Dictionary Doomed?

The newly published fifth edition of the American Heritage Dictionary is a 2,000-page book packed with thousands of definitions, etymologies, and illustrations. It?s a gorgeous volume, but have the Internet and smartphones (along with apps like the AHD?s electronic version) rendered the print dictionary redundant? In the premiere of a new Slate podcast, the AHD?s executive editor, Steve Kleinedler, talks about some of the words that have been added to the latest edition, why it matters which dictionary people use, and whether lexicographers have favorite words.

Source: http://feeds.slate.com/click.phdo?i=778053c6d07404ae660f2c5da34c76ef

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