Monday, October 29, 2012

Asian shares ease on uncertain growth, corporate outlook

TOKYO (Reuters) - Asian shares slipped on Monday as investors switched their focus away from signs of stable U.S. growth, looking instead at tepid global corporate earnings and the uncertain economic outlook.

European shares were seen as lackluster, with financial spreadbetters expecting London's FTSE 100 <.ftse>, Paris's CAC-40 <.fchi> and Frankfurt's DAX <.gdaxi> to open down about 0.1 percent. <.l><.eu/>

U.S. stock futures were down 0.4 percent. U.S. stock and options markets will be closed on Monday, and possibly Tuesday, as regulators, exchanges and brokers worried about the integrity of markets in the face of Hurricane Sandy approaching the East Coast.

In Asia, the MSCI index of Asia-Pacific shares outside Japan <.miapj0000pus> erased small gains earlier to trade down 0.2 percent, after shedding 1 percent on Friday and posting its biggest weekly drop in two months of 1.3 percent.

South Korean shares <.ks11> gave up earlier gains to inch down 0.1 percent. Japan's Nikkei average <.n225>, which tumbled 1.3 percent on Friday, was flat after being up early on Monday.

Hong Kong <.hsi> shares lost 0.2 percent and Shanghai <.ssec> shares eased 0.3 percent.

Australian shares <.axjo> were up 0.1 percent, aided by solid U.S. economic growth in the third quarter.

"Today was all about 'righting the ship' on the Australian share market," said Tim Waterer, senior trader at CMC Markets. "Solid U.S. GDP data offered a reprieve which was capitalized on by the materials and energy stocks."

Commodities were also capped, with London copper holding above 7-week lows plumbed last week, while U.S. crude futures fell 0.4 percent to $85.96 a barrel and Brent eased 0.2 percent to $109.31.

"People can't really see much optimism out there. We wanted the U.S. corporate earnings to be a little more robust," said Jonathan Barratt, chief executive of Barratt's Bulletin, a Sydney-based commodity research firm.

The dollar steadied at 79.63 yen, off a four-month high of 80.38 yen touched on Friday, ahead of the Bank of Japan's policy decision on Tuesday. Markets expect the BOJ to take further easing measures.

U.S. GDP grew at a 2 percent annual rate in the third quarter, slightly above a 1.9 percent forecast, and picking up from the second quarter's 1.3 percent rise. But the stronger pace of expansion fell short of what is needed for a substantial rise in employment.

European shares eked out gains on Friday after the U.S. data but U.S. equities were weighed down by poor earnings outlooks from major companies such as Apple , Amazon and South Korea's Samsung Electronics .

Over the weekend, China said industrial profits rose 7.8 percent in September from a year earlier to 464.3 billion yuan ($74 billion), compared with a 6.2 percent drop in August, signaling some stability in the world's second-largest economy.

"Overall it suggests a continued period of subdued risk reduction bidding the U.S. dollar higher," said Societe Generale analyst Sebastien Galy.

Data showed that U.S. bond speculators scaled back their bullish bets on U.S. Treasuries futures early last week, even as worries about Spain and disappointing company earnings supported the bond market.

Commodity Futures Trading Commission data released on Friday also showed currency speculators cut their bets against the U.S. dollar in the same week to the lowest since early September.

The dollar index <.dxy> measured against a basket of six major currencies hit a near seven-week high of 80.270 on Friday and was still hovering near that level at 80.108 on Monday.

MONEY PULLED OUT

Data from EPFR Global showed that investors pulled the most money out of U.S. stock funds in the past week than at any point in more than a year, an indication that many still harbor deep concerns about the global economy.

"Investors are taking on more risk," EPFR Global Research Director Cameron Brandt said in a note. "But they are doing so largely within the fixed income universe and, when it comes to equities, bypassing the U.S. in favor of emerging markets."

Bullish bets on U.S. commodities by hedge funds and other big speculators have fallen to a near 2-1/2-month low, trade data showed on Friday, as oil and gold saw heavy selling for a second straight week.

The euro was down 0.1 percent to $1.2927, staying within the recent broad range between $1.28 and $1.31, waiting for bailout prospects for struggling Spain and Greece to become clear.

Asian credit markets softened, pushing the spread on the iTraxx Asia ex-Japan investment-grade index wider by 5 basis points.

(Additional reporting by Umesh Desai in Hong Kong, Thuy Ong in Sydney and Melanie Burton in Singapore; Editing by Richard Borsuk)

Source: http://news.yahoo.com/asian-shares-edge-higher-u-growth-002827443--finance.html

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Thursday, October 25, 2012

Molecules 'too dangerous for nature' kill cancer cells

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Source: http://www.labspaces.net/124808/Molecules__too_dangerous_for_nature__kill_cancer_cells

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Facebook woos back Wall Street as shares rise

Facebook shares are on track for their largest percentage gain ever, with Colin Sebastian, Robert W. Baird & Co.

By Cadie Thompson, CNBC.com

Wall Street seems to like?Facebook?again for the same reason it used to hate it. That reason can be summed up in one word: mobile.

The social network's stock is having its biggest single-day surge since the company went public in May.?Facebook's?shares were up more than 20 percent around midday Wednesday, trading at about $23.61, and the company was the top gainer on the?Nasdaq.


Multiple brokerage firms raised their price target for the social media company Tuesday after it reported a 32 percent increase in revenue and a surprising increase in mobile advertising in?its third quarter earnings.

"We definitely knew that the mobile side of the business was strong, but the magnitude of the growth and revenue was shocking I think to everybody," Jordan Rohan, managing director at Stifel Nicolaus, said Wednesday?CNBC's Halftime Report.

"The fact that in May they had essentially zero mobile revenues and for the September quarter $150 million in revenues, that is something that I think caught everybody by surprise."

Facebook's revenue jumped to $1.26 billion from $954 million a year ago in the third quarter, a 32 percent increase. Advertising revenue increased by 36 percent to $1.09 billion, a 36 percent increase from a year ago. (Read More:?Facebook May Get $1 Billion From Mobile.)

Barclays Capital,?Jefferies,?Macquarie Equities Research?raised their price targets on the company, while?Citigroup,?BofA Merrill?and?Stifel?raised their rating to a buy.

Mobile advertising concerns have weighed heavily on Facebook shares since the company's initial public offering in May when the stock sold for $38 per share. But the recent earnings report may be a sign that Facebook's mobile problem is a thing of the past, Rohan said.

"What's exciting about Facebook right now is we actually have now turned the corner. Six months ago mobile was the enemy at some level. Mobile was the force that would reduce monetization for the overall Facebook platform," Rohan said. "Now mobile...is actually a friend to Facebook."

More from CNBC.com:

?

Source: http://marketday.nbcnews.com/_news/2012/10/24/14673974-facebook-woos-back-wall-street-as-shares-rise?lite

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Wednesday, October 24, 2012

Video: Jack Morris, Kirk Rueter show off World Series trophy

Sorry, Readability was unable to parse this page for content.

Source: http://video.today.msnbc.msn.com/today/49532888/

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Galaxy Note 2 hits T-Mobile first - News - Know Your Cell











T-Mobile announced Wednesday that it will be the first U.S. carrier to sell Samsung's Galaxy Note 2.?The 5.5 inch "phablet" (a term coined for its awkward size; larger than your average phone but more compact than the typical tablet) will be available in T-Mobile's brick-and-mortar locations, as well as its online store at T-Mobile.com.

It runs on Android's latest Jelly Bean operating system and sports a quad-core Exynos processor, 1GB of RAM and an 8-megapixel camera.?T-Mobile is also pushing its appeal toward mobile gamers with the Note 2. The company noted in its release that the handset will come pre-loaded with EA's Need for Speed Most Wanted, which has been optimized to interact with a MOGA Mobile Gaming System.?

Pricing starts at $249.99 on the carrier's "Value" plan, which requires a two-year contract -- and another 20 payments of $20 each month as part of an Equipment Installment Plan.?Or you can buy the Galaxy Note 2 on one of T-Mobile's "Classic" voice and data plans, which will set you back $369.99 up front (this is a two-year contract, as well).

?

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Source: http://www.knowyourcell.com/news/1648571/galaxy_note_2_hits_tmobile_first.html

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Tuesday, October 23, 2012

Baby Beluga, Swim So Wild And Sing For Me

NOC, seen here in an image from an archival video, was recorded in the 1980s making vocalizations that imitated human speech. The findings weren't published until this week. Enlarge Current Biology

NOC, seen here in an image from an archival video, was recorded in the 1980s making vocalizations that imitated human speech. The findings weren't published until this week.

Current Biology

NOC, seen here in an image from an archival video, was recorded in the 1980s making vocalizations that imitated human speech. The findings weren't published until this week.

Whales are among the great communicators of the animal world. They produce all sorts of sounds: squeaks, whistles and even epic arias worthy of an opera house.

And one whale in particular has apparently done something that's never been documented before: He imitated human speech.

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Sounds From The Whale Named NOC

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Normal White Whale Sounds

The beluga, or white whale, is smallish as whales go and very cute, if you're into marine mammals. Belugas are called the "canaries of the sea" because they're very vocal.

These sounds are for things like echolocation, like bats use, or for basic communication, as in, "Hello, honey, I'm home."

But a white whale at San Diego's National Marine Mammal Foundation did something very different. NOC (pronounced Nocee), as he was called, lived in an enclosure in the San Diego Bay. Biologist Sam Ridgway was there one day when divers were swimming nearby. "This one diver surfaced next to the whale pen and said, 'Who told me to get out?' And the supervisor said, 'Nobody said anything.' "

A curious Ridgway started recording NOC. And what he heard was quite strange: It had the cadence and rhythm of human speech. No words were distinguishable, but the sounds were eerily "right." Ridgway laid out audiograms of NOC's chatter, and they showed that the rhythm and pitch were different from NOC's normal sounds: They were, in fact, very similar to human speech. NOC had lowered the pitch of his sounds several octaves below normal, into the range of human speech at 300-400 hertz.

This archival video shows the white whale named NOC swimming around researchers' boats. (Note: This video has no sound.)

Ridgway says there's no reason to think NOC understood speech; he was just mimicking humans he'd heard. From where? "I think it was from divers using underwater communication equipment," he says.

When NOC was mimicking humans, Ridgway looked inside the whale's nose. "He did an unusual thing that we had never seen before in any of these animals," Ridgway recalls, "which was, he overinflated the two large sacs that kind of collect air to make sound."

This all took place in the mid-1980s. After a few years, NOC stopped talking. He lived to be 30 and died five years ago. Ridgway just published his research in the journal Current Biology. He says he would have done it earlier, but thought a talking whale was a "side issue."

Source: http://www.npr.org/2012/10/23/163471645/baby-beluga-swim-so-wild-and-sing-for-me?ft=1&f=1007

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?Top Gun? Director Tony Scott?s Autopsy Report Released

“Top Gun” Director Tony Scott’s Autopsy Report Released

The autopsy report on the death of director Tony Scott, 68, labeled his death as a suicide and says he died from multiple blunt force [...]

“Top Gun” Director Tony Scott’s Autopsy Report Released Stupid Celebrities Gossip Stupid Celebrities Gossip News

Source: http://stupidcelebrities.net/2012/10/top-gun-director-tony-scotts-autopsy-report-released/

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AP PHOTOS: Texans win over Ravens tops NFL Action

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Monday, October 22, 2012

How to Measure Awareness Advertising | Business 2 Community

If customers don?t know you exist your chances of attracting them are the same as trying to teach an elephant to tap dance.

This is the first rule in marketing ? make sure your potential customers are aware of who you are, what you stand for and how you can help solve their problems.

However it is much easier said than done. These days the media choices can be overwhelming, check out the image below that identifies the different social media options alone!

Social Media Map from Brian Solis and JESS3Source: Brian Solis and JESS3 http://www.theconversationprism.com/

Add to this social media mix, the traditional media ? TV, print, radio and billboards and you have some difficult decisions to make.

Where should I invest to generate maximum awareness for minimum cost? and How will I know whether these investments are paying off?

Deciphering the impact of advertising is notoriously difficult, there is a classic saying in advertising circles attributed to the father of advertising, John Wanamaker who said:

?Half the money I spend on advertising is wasted; the trouble is I don?t know which half.?

Awareness advertising is designed to widen the pool of potential customers and remind them of how you can help them. The goal is to position a company?s brand favorably and regularly in the customer?s mind.

The measurement challenge comes from the fact that it is not necessarily designed to elicit an immediate response. Regardless there are a few ways you can get a handle on the impact of this type of advertising:

1. Prospect Surveys Before and After Comparisons

This technique involves establishing a baseline and then comparing results against that baseline over time.

For example, a simple survey may highlight that 10% of prospects have heard of your brand and 15% may consider you as a potential supplier of the product. The consideration metric is an important one to include as we are not interested in awareness alone. We really want to know whether we are in the ?evoked set? ? the top 2 or 3 brands customers have as top of mind for any particular product category.

Asking these questions again in 3 months may reveal that now 25% of prospects have heard of your brand and 30% of them would consider you as a potential provider.

You can reasonably conclude that your advertising activities were a significant driver responsible for the increase.

2. Asking Customers at their Point of Inquiry

Many companies will ask a new customer how they heard of the company or product. This is a great technique for companies that get a lot of inbound calls, a quick question can be asked at the end of the call to which most customers are happy to respond.

To go a little deeper a survey can be conducted asking customers which specific media they remember seeing. Their answers won?t tell you whether the activity influenced their purchase, but it will tell you which of your awareness advertising activities are being noticed.

To understand the advertising?s influence, we can design questions to elicit feedback on the messages sent.

For example ?which of the following ads have you seen?, which haven?t you seen?, rank each on a scale of 1 to 5 on whether it appealed to you or not.

Next total up the answers from all survey takers to give you a clear picture of how people perceive your advertising.

NOTE: Where ever possible please do some of this in pre-testing to make sure you are eliciting the response you want!

Author: Christopher Brown???? Christopher Brown on the Web

Chris Brown is the CEO of MarketCulture Strategies, the global leader in assessing the market-centricity of an organization and its degree of focus on customers, competitors and environmental conditions that impact business performance. MCS works closely with the C-Suite and other consulting groups to focus and adjust corporate vision and? View?full?profile

Source: http://www.business2community.com/strategy/how-to-measure-awareness-advertising-0311772

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Mobile phones CAN cause brain tumours, court rules in landmark ...

  • Businessman Innocente Marcolini, 60, diagnosed with brain tumour after using his mobile phone at work for up to six hours a day for 12 years
  • Italy?s Supreme Court found a ?causal link? between his phone use and illness
  • Experts predict more legal claims from victims after landmark ruling

A court has ruled that mobile phones can give you cancer in a landmark case that could open the gates for other victims to take legal action.

Businessman Innocente Marcolini, 60, was diagnosed with a brain tumour after using his mobile phone at work for up to six hours a day for 12 years.

Italy?s Supreme Court found that there was a ?causal link? between his phone use and his illness.

Experts now predict a barrage of legal claims by victims who believe their own illness was caused by their use of mobile phones.

Mr Marcolini told The Sun newspaper: ?This is significant for very many people. I wanted this problem to become public because many people still do not know the risks.

?I was on the phone, usually the mobile, for at least five or six hours every day at work. I wanted it recognised that there was a link between my illness and the use of mobile and cordless phones.

?Parents need to know their children are at risk of this illness.?

Oncologist and professor of environmental mutagenesis Angelo Gino Levis and neurosurgeon Dr Giuseppe Grasso gave evidence supporting Mr Marcolini?s claim.

They argued that mobile and cordless phones emit electromagnetic radiation causing damage to cells and increasing the risk of tumours. But they added that many tumours don?t appear for 15 years making short-term studies on mobile phone use redundant.

The jury is still out, however, for many scientists who claim it is still unknown what, if any, link there is between mobiles and brain tumours.?

Landmark ruling: Italy's Supreme Court in Rome found there was a 'causal link' between Mr Marcolini's phone use and his brain tumour - opening the doors for other legal claims

Landmark ruling: Italy?s Supreme Court in Rome found there was a ?causal link? between Mr Marcolini?s phone use and his brain tumour ? opening the doors for other legal claims

Earlier on this month, a Danish study on more than 358,000 mobile users over 18-years-old found that those who used mobile phones for 10 years or more were no more at risk than those who never used them.

Researchers led by the Institute of Cancer Epidemiology in Copenhagen found cancer rates in the central nervous system were almost the same in both long-term mobile phone users and non-users.

But other scientists disagreed, saying the Danish study excluded business users and included as non-users people who began using mobiles later on.

The big debate: The jury is still out for many scientists who argue there is no evidence to support a link between cancer and mobile phone use

The big debate: The jury is still out for many scientists who argue there is no evidence to support a link between cancer and mobile phone use

Denis Henshaw, Emeritus Professor of Human Radiation Effects, Bristol University said the study was ?worthless?, and the researchers themselves admitted non-users may have been misclassified which would bias the findings.

He said: ?This seriously flawed study misleads the public and decision makers about the safety of mobile phone use.?

Professor Henshaw has previously advocated cigarette-style warnings on mobile phone packets and urges more independent research.

He said: ?Vast numbers of people are using mobile phones and they could be a time bomb of health problems ? not just brain tumours, but also fertility, which would be a serious public health issue.

?The health effects of smoking alcohol and air pollution are well known and well talked about, and it?s entirely reasonable we should be openly discussing the evidence for this, but it is not happening.

?We want to close the door before the horse has bolted.?

The International Agency for Research on Cancer (IARC) rang alarm bells last year when it classified mobile phones as ?possibly carginogenic?.

In April, The Children with Cancer conference highlighted figures published by the Office of National Statistics, which showed a 50 per cent increase in frontal and temporal lobe tumours between 1999 and 2009.

The ONS figures showed that the incident rate has risen from two to three per 100,000 people since 1999, while figures from Bordeaux Segalen University showed a one to two per cent annual increase in brain cancers in children.

But earlier this year another study by Manchester University researchers found no statistically significant change in rates of newly diagnosed brain cancers in England between 1998 and 2007 ? saying it was unlikely ?we are on the forefront of a brain cancer epidemic?.

A court has ruled that mobile phones can give you cancer in a landmark case that could open the gates for other victims to take legal action.

Businessman Innocente Marcolini, 60, was diagnosed with a brain tumour after using his mobile phone at work for up to six hours a day for 12 years.

Italy?s Supreme Court found that there was a ?causal link? between his phone use and his illness.

Experts now predict a barrage of legal claims by victims who believe their own illness was caused by their use of mobile phones.

Mr Marcolini told The Sun newspaper: ?This is significant for very many people. I wanted this problem to become public because many people still do not know the risks.

?I was on the phone, usually the mobile, for at least five or six hours every day at work. I wanted it recognised that there was a link between my illness and the use of mobile and cordless phones.

?Parents need to know their children are at risk of this illness.?

Oncologist and professor of environmental mutagenesis Angelo Gino Levis and neurosurgeon Dr Giuseppe Grasso gave evidence supporting Mr Marcolini?s claim.

They argued that mobile and cordless phones emit electromagnetic radiation causing damage to cells and increasing the risk of tumours. But they added that many tumours don?t appear for 15 years making short-term studies on mobile phone use redundant.

The jury is still out, however, for many scientists who claim it is still unknown what, if any, link there is between mobiles and brain tumours.?

Landmark ruling: Italy's Supreme Court in Rome found there was a 'causal link' between Mr Marcolini's phone use and his brain tumour - opening the doors for other legal claims

Landmark ruling: Italy?s Supreme Court in Rome found there was a ?causal link? between Mr Marcolini?s phone use and his brain tumour ? opening the doors for other legal claims

Earlier on this month, a Danish study on more than 358,000 mobile users over 18-years-old found that those who used mobile phones for 10 years or more were no more at risk than those who never used them.

Researchers led by the Institute of Cancer Epidemiology in Copenhagen found cancer rates in the central nervous system were almost the same in both long-term mobile phone users and non-users.

But other scientists disagreed, saying the Danish study excluded business users and included as non-users people who began using mobiles later on.

The big debate: The jury is still out for many scientists who argue there is no evidence to support a link between cancer and mobile phone use

The big debate: The jury is still out for many scientists who argue there is no evidence to support a link between cancer and mobile phone use

Denis Henshaw, Emeritus Professor of Human Radiation Effects, Bristol University said the study was ?worthless?, and the researchers themselves admitted non-users may have been misclassified which would bias the findings.

He said: ?This seriously flawed study misleads the public and decision makers about the safety of mobile phone use.?

Professor Henshaw has previously advocated cigarette-style warnings on mobile phone packets and urges more independent research.

He said: ?Vast numbers of people are using mobile phones and they could be a time bomb of health problems ? not just brain tumours, but also fertility, which would be a serious public health issue.

?The health effects of smoking alcohol and air pollution are well known and well talked about, and it?s entirely reasonable we should be openly discussing the evidence for this, but it is not happening.

?We want to close the door before the horse has bolted.?

The International Agency for Research on Cancer (IARC) rang alarm bells last year when it classified mobile phones as ?possibly carginogenic?.

In April, The Children with Cancer conference highlighted figures published by the Office of National Statistics, which showed a 50 per cent increase in frontal and temporal lobe tumours between 1999 and 2009.

The ONS figures showed that the incident rate has risen from two to three per 100,000 people since 1999, while figures from Bordeaux Segalen University showed a one to two per cent annual increase in brain cancers in children.

But earlier this year another study by Manchester University researchers found no statistically significant change in rates of newly diagnosed brain cancers in England between 1998 and 2007 ? saying it was unlikely ?we are on the forefront of a brain cancer epidemic?.

Source: http://www.pakalertpress.com/2012/10/21/mobile-phones-can-cause-brain-tumours-court-rules-in-landmark-case/

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Sunday, October 21, 2012

President Obama offers Jay-Z parenting advice

By Rolling Stone

President Barack Obama told?Cleveland radio station Z107.9 this week that he's offered a few tips to new dad Jay-Z?about riasing daughter Ivy Blue with?Beyonc?.

"I've gotten to know these guys over the last several years ... They're good people. Beyonc? could not be sweeter to Michelle and the girls. ... So they're good friends," the president says around the 6:33 mark of the clip. "They really are down-to-earth folks. And we talk about the same things I talk about with all my friends."

A big topic of discussion? Kids. "They've got a new daughter. I made sure Jay-Z was helping Beyonc? out and not leaving it all to mom and the mother-in-law," Obama said. Being a president or a rap mogul might be a tough job, but being a parent can humble even the best.

More from Rolling Stone:

Source: http://todayentertainment.today.com/_news/2012/10/20/14579393-president-obama-offers-parenting-advice-to-jay-z?lite

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West Bank vote held to help plug Palestinian democracy gap

RAMALLAH, West Bank (Reuters) - Palestinians voted in local elections in the Israel-occupied West Bank on Saturday, their first vote for six years and one with little choice, out of step with democratic revolutions elsewhere in the Arab world.

The results were expected to largely reaffirm the Western-backed, mainly secular Fatah party, which runs a de facto government in the slivers of land not policed by Israel, in the face of a boycott by its Islamist arch-rival, Hamas.

While uprisings brought Arab governments from Morocco to Egypt to accommodate long suppressed Islamist parties, single party rule in the West Bank persists along with Fatah's feud with the more militant and anti-Israel Hamas, which has ruled the coastal Gaza Strip since the two groups clashed in 2007.

"We do not recognize the legitimacy of these elections and we call for them to be stopped in order to protect the Palestinian people and protect their unity," Hamas Prime Minister Ismail Haniyeh said.

Haniyeh, who took office when Hamas won a surprise majority in a parliamentary vote in 2006 - an outcome nullified by the civil war that followed a year later, decried the latest poll as "unilateral elections removed from a national consensus."

Fatah finally found time ripe for the repeatedly-delayed local elections. The party edged out Hamas in university ballots throughout the West Bank earlier this year and opinion polls show flagging support for the Islamist group since it began the uphill task of governing impoverished and crowded Gaza.

With Gaza not participating in Saturday's vote and a majority of West Bank residents living in areas where local councils are running uncontested, the election was less meaningful than in previous years.

Less than half of citizens surveyed by the Palestinian Center for Policy and Survey Research said they would vote, and an even smaller number thought the ballot would be fair.

But fissures within Fatah lent some suspense to the polls. Some local leaders struck out on their own after being spurned from official lists in a sign of personal disputes. They may garner a showing giving them an influential say in local councils.

The mood at efficient and well-policed voting stations in schools and public buildings throughout the West Bank was subdued. Palestinians expressed melancholy at their divisions and the seeming permanence of Israel's 45-year-old occupation.

Cars decked with Fatah and Palestinian flags blaring nationalist anthems made noisy rounds among Bethlehem's polling centers, and candidates hoping to win last-minute support greeted and chatted with voters.

"I heard that the Fatah bloc was made up of good people, so I voted for them," said Amani, 29, who declined to give her last name, drying with tissue her index finger dipped in the indelible purple ink of the voting stations.

"I think in the end all parties have their own political and financial interest in mind. But it is my duty to vote, and so I can say that I've done my part," she said.

EARLY TO DEMOCRACY

Palestinian Authority President and Fatah chief Mahmoud Abbas emphasized a legacy of democracy as he voted in downtown Ramallah, his capital while Israel denies Palestinian government a seat in the contested holy city of Jerusalem.

"We hope we will be regarded by our brothers in Gaza and everywhere in the Arab world as the ones who first embarked upon democracy, and we continue on this path and we hope everyone will follow us," he told journalists.

Palestinians first held parliamentary elections in 1995, rare among Arab countries at the time and a positive step after the interim Oslo peace accords with Israel the previous year, which have long lapsed and become an albatross for the same, sclerotic Palestinian leadership of the present day.

The Authority faces deepening challenges to its legitimacy. An addiction to foreign economic aid has opened up a financial crisis that exploded into street protests in cities up and down the West Bank last month.

Years of imprisonment and marginalization of Hamas activists in the West Bank have deepened Fatah's near monopoly on power in self-ruled West Bank enclaves.

An aggressive campaign to root out corrupt and insubordinate security officers within Fatah's own cadres this year has further narrowed the ruling clique.

But as economic problems worsen amid the standstill of Palestinians' broader political landscape, many hail the vote as an opportunity to renew institutions and focus on development at the grassroots level.

"Of course, there are positive signs in these elections," the Palestinian al-Quds newspaper wrote in an editorial. "The local authorities have an important role in public services and providing an administration for citizens."

(Reporting By Ali Sawafta in Ramallah and Jihan Abdalla in Bethlehem; Writing by Noah Browning; Editing by Mark Heinrich)

Source: http://news.yahoo.com/west-bank-vote-held-help-plug-palestinian-democracy-121754276.html

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Taxes go up in 2013 for 163 million workers

WASHINGTON (AP) ? President Barack Obama isn't talking about it and neither is Mitt Romney. But come January, 163 million workers can expect to feel the pinch of a big tax increase regardless of who wins the election.

A temporary reduction in Social Security payroll taxes is due to expire at the end of the year and hardly anyone in Washington is pushing to extend it. Neither Obama nor Romney has proposed an extension, and it probably wouldn't get through Congress anyway, with lawmakers in both parties down on the idea.

Even Republicans who have sworn off tax increases have little appetite to prevent one that will cost a typical worker about $1,000 a year, and two-earner family with six-figure incomes as much as $4,500.

Why are so many politicians sour on continuing the payroll tax break?

Republicans question whether reducing the tax two years ago has done much to stimulate the sluggish economy. Politicians from both parties say they are concerned that it threatens the independent revenue stream that funds Social Security.

They are backed by powerful advocates for seniors, including AARP, who adamantly oppose any extension.

"The payroll tax holiday was intended to be temporary and there is strong bipartisan support to let that tax provision expire," said Sen. Orrin Hatch of Utah, the top Republican on the Senate Finance Committee. "The continued extension of a temporary payroll tax holiday has serious long-term implications for Social Security and, frankly, it's not even clear that it has helped to boost our ailing economy."

The question of renewing the payroll tax cut has been overshadowed by the expiration of a much bigger package of tax cuts first enacted under President George W. Bush. The Bush-era tax cuts also expire at the end of the year, and Congress is expected to try to address them after the election, in a lame-duck session.

The payroll tax cut could become part of the mix in negotiations that could go in many directions. But lawmakers in both political parties say they doubt it.

"I think there's a growing consensus that Congress and the president can't continue to divert such a critical revenue stream from Social Security," said Rep. Kevin Brady of Texas, a senior Republican on the tax-writing House Ways and Means Committee. "I think more and more Americans understand that that payroll tax cut, while politically appealing, is endangering Social Security."

Before he was named as Romney's running mate, Rep. Paul Ryan, R-Wis., disparaged the payroll tax cut, calling it "sugar-high economics" that wouldn't promote long-term growth.

Social Security is funded by a 12.4 percent tax on wages up to $110,100, rising to $113,700 in 2013. Half is paid by employers and the other half is paid by workers. For 2011 and 2012, Congress and Obama cut the share paid by workers from 6.2 percent to 4.2 percent.

A worker making $50,000 saved $1,000 a year, or a little more than $19 a week. A worker making $100,000 saved $2,000 a year.

The beauty of the tax cut is that is shows up in weekly paychecks, giving workers more money to spend or save. The downside is that some workers may not notice a $19-a-week increase in pay, making them unlikely to credit the politicians who made it happen.

Under the law, Congress is reimbursing Social Security for the lost revenue, estimated at $103 billion in 2011 and $112 billion in 2012. But Congress didn't cut spending or raise other taxes to offset the lost revenue, so the payroll tax cut is being financed with borrowed money, adding to the national debt.

Democrats are more willing to defend the tax cut, saying it helped prop up the economy during a rough stretch while providing what amounted to a 2 percent pay increase to millions of middle-income workers. But they, too, are concerned about maintaining Social Security's source of revenue.

"I think people realize that was a temporary thing," said Sen. Mark Begich, D-Alaska.

Rep. Richard Neal of Massachusetts, a senior Democrat on the Ways and Means Committee, said he thinks there is evidence that the tax cut helped the economy. But, he added, "I'm not sure that it met expectations."

House Democratic leader Nancy Pelosi of California said she, too, wants to let the tax cut expire.

Larry Summers, Obama's former economic adviser, is a lonely voice in Washington calling to extend the payroll tax cut. He said in a recent speech that the economy is too fragile to reduce workers' incomes.

Obama pushed for the tax cut in late 2010 as a way to increase workers' take-home pay to help boost consumer spending and provide a spark for the economy. Economists were divided on the economic benefits. Many said it probably helped increase consumer spending but there was no consensus on the magnitude.

The initial tax cut was for only a year, and many Republicans in Congress wanted to let it lapse at the end of 2011. But Obama and Democratic lawmakers successfully fought to extend it through 2012.

Obama, however, didn't include the tax cut in his 2013 budget proposal, and Treasury Secretary Timothy Geithner told Congress this year that he saw no reason to extend it again.

White House spokeswoman Amy Brundage wouldn't rule out an extension but wouldn't commit to one, either.

"The president fought extremely hard last year in the face of Republican opposition to ensure that the payroll tax cut was extended," Brundage said. "There are a number of tax issues that Congress will have to deal with at the end of the year, this being one of them, and we will continue to evaluate all of the options available to us at that time."

Romney's campaign hammers Obama almost every day for proposing to let Bush-era tax cuts expire for individuals making more than $200,000 and married couples making more than $250,000. But Romney's tax plan would let the payroll tax cut expire, an issue he doesn't mention on the stump.

Romney's campaign declined to discuss the issue.

___

Follow Stephen Ohlemacher on Twitter: http://twitter.com/stephenatap

Source: http://news.yahoo.com/psst-taxes-2013-163-million-workers-134512956--election.html

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Saturday, October 20, 2012

Two brothers win the lottery, cash in six years later

Winning a lottery prize of $5 million, two brothers from central New York waited for six years to claim their winnings.?

By Associated Press,?AP / October 19, 2012

Two brothers from New York waited six years to cash in on their lottery winnings. Here, a Powerball promotional check sits on the counter at Casey's General Store in Bondurant, Iowa, Sept. 27, 2012.

AP

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Two?brothers?from central New York have claimed a $5 million lottery prize for a scratch-off ticket they bought at their parents' Syracuse store six?years?ago, state officials said.

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RELATED: Top 5 bullying myths - What you don't know about bullying

Andy Ashkar, 34, of Camillus, and Nayel Ashkar, 36, of Cicero, came forward March 1, just 11 days before the top prize in the "$500,000,000 Extravaganza" scratch-off game would have expired, New York Lottery said.

Andy Ashkar said he bought the ticket at his parents' convenience store in Syracuse in 2006 and decided to share the winnings with his?brother, officials said.

The agency said the younger?brother?said he?waited?so long to claim his prize because he was concerned the windfall could "negatively influence" his life if he didn't plan properly before being publicly introduced as the winner. Andy Ashkar also told lottery officials that he also didn't want the windfall to influence his engagement and subsequent marriage.

Calls to phone numbers listed for the Ashkar?brothers?went unanswered on Wednesday, Oct. 17.

Nayel Ashkar's wife, Sara, told The Post-Standard of Syracuse on Oct. 16, that news of the winnings was spreading fast, with family and friends calling to express their surprise and excitement.

"It's crazy," she said. "Hard to believe. It's still sinking in."

The?brothers' mother, Wasa Ashkar, said her husband, Neyef, sold the winning ticket to Andy at the couple's Green Ale Market, but she couldn't remember exactly when. She said she and her husband were Palestinians from Jerusalem who immigrated to the United States nearly 40?years?ago and have owned the store for 12 years.

"I'm happy. Of course I'm happy," she told the Associated Press over the phone before ending the conversation because she was busy with customers on Oct. 16.

Lottery spokeswoman Carolyn Hapeman said the?brothers?claimed their prize at the agency's Schenectady headquarters on March 1. Unlike winning tickets for games such as Lotto and Mega Million that expire in a year, tickets for scratch-off games expire a?year?after a game is retired. The Extravaganza game was retired on March 12, 2011, Ms. Hapeman said.

As is routine whenever a winner is related to the owner of the store that sold the ticket, the agency conducted an investigation. The inquiry determined Ashkar's scratch-off ticket was bought legitimately, Hapeman said.

The Ashkar?brothers, both employed as managers at separate central New York auto dealerships, will be introduced at a news conference at a later date, the lottery spokeswoman said.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/uULotaTYgsQ/Two-brothers-win-the-lottery-cash-in-six-years-later

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Documents add to evidence of Libya security fears

Members of Congress as well as the former Massachusetts Gov. Mitt Romney's campaign are raising new issues about the Benghazi attack and how it was reported to the public. NBC's Andrea Mitchell reports.

By NBC News and news services

House Republicans stepped up criticism of President Barack Obama on Friday over the deadly Sept. 11 attack on the U.S mission in Benghazi, Libya, releasing 166 pages of unclassified documents and photos that they said show administration officials repeatedly rejected ?requests for increased security despite escalating violence ? (and) systematically decreased existing security to dangerous and ineffective levels.?

The release of the documents, which came just days before Obama and Republican Mitt Romney discuss U.S. foreign policy in their last debate before the Nov. 6 presidential election, added to the political furor over the administration?s actions preceding the late-night attack on the U.S. consulate in Benghazi, which claimed the life of U.S. Ambassador Chris Stevens and three other Americans.


Many of the documents released by House Oversight and Government Reform Committee Chairman Darrell Issa and National Security Subcommittee Chairman Jason Chaffetz had previously been made public, but others provided new evidence of growing concern about the security situation in Benghazi, and Libya in general.

One, a June 25 memo from Stevens, referred to incidents in Benghazi in which local elements attacked foreigners and specifically mentioned signs of growing al-Qaida sympathies in the city.

??(A) national security official shared his private opinion that the attacks were the work of extremists who are opposed to western influence in Libya,? Stevens wrote. ?A number of local contacts agreed, noting that Islamic extremism appears to be on the rise in eastern Libya and the al-Qaida flag has been spotted several times flying over government buildings and training facilities in Derna (a city east of Benghazi). Other contacts disagree however suggesting that the attacks could be the work of pro-Gadhafi loyalists or individuals who have been politically and financially marginalized by the (Transitional National Council)."

Another document, a cable dated Sept. 11 and sent to the State Department by U.S. Embassy personnel in Tripoli only hours before militant Islamists attacked the U.S. consulate in Benghazi, indicated that staff had growing concerns over security provided by Libyan militias.

?Host nation security support is lacking and cannot be depended on to provide a safe and secure environment for the diplomatic mission,? it said in part.

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In a letter to Obama, Issa, R-Calif., and Chaffetz, R-Utah, demanded the president fully answer questions about the administration?s response to the concerns.

"The American people deserve nothing less than a full explanation from this administration about these events, including why the repeated warnings about a worsening security situation appear to have been ignored by this administration,? it said. ?Americans also deserve a complete explanation about your administration's decision to accelerate a normalized presence in Libya at what now appears to be at the cost of endangering American lives.?

The senior Democrat on the committee, Rep. Elijah E. Cummings, D-Md., issued a statement in which he accused Issa and Chaffetz of attempting to use the tragedy to score political points.

Issa's letter "completely ignores sworn testimony provided to the committee, recklessly omits contradictory information from the very same documents it quotes, irresponsibly promotes inaccurate information, and makes numerous allegations with no evidence to substantiate them," he wrote.

Ben Curtis / AP file

U.S. Ambassador Chris Stevens and three other Americans died in the attack on the U.S. consulate Benghazi, LIbya.

Separately, a senior U.S. intelligence official, who spoke with NBC News on condition of anonymity, said Friday that investigators still have not uncovered any evidence that the attack was preplanned.

"No one is ruling out the idea that some of the attackers may have aspired to attack the U.S. in Benghazi," the official said. "However, right now, there isn't any intelligence that the attackers preplanned their assault days or weeks in advance.? The bulk of available information supports the early assessment that the attackers launched their assault? opportunistically after they learned about the violence at the U.S. Embassy in Cairo. Of course, other factors may also have motivated participation in the attack."?

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State Department spokesman Mark Toner also cautioned that investigators are still piecing together events that led to the attack.

"An independent board is conducting a thorough review of the assault on our post in Benghazi,? he said. ?Once we have the board's comprehensive account of what happened, findings and recommendations, we can fully address these matters."

The release of the documents came after the top Republican and Democrat on the Senate Intelligence Committee said they would continue to press the administration to explain why U.S. spy agencies and government spokesmen initially played down suspected al-Qaida links to the consulate attack.

More to Benghazi attacks than surface at debate

Immediately after the Benghazi attack, U.S. spy agencies produced conflicting reports on who was behind them, U.S. officials said. Most said extremists with possible al-Qaida ties were involved. But a few reports, which the Obama administration emphasized in public statements, said the attacks could have been spontaneous protests against a U.S.-made anti-Muslim video.

Ultimately, the office of the Director of National Intelligence, the top U.S. intelligence authority, declared that the events were a "deliberate and organized terrorist attack" carried out by "extremists" affiliated with or sympathetic to al-Qaida.

Several prominent Republicans are accusing the White House of either covering up, or bungling initial reports about the attack on the U.S. Consulate in Libya. Former Defense Secretary William Cohen joins Andrea Mitchell Reports to discuss the investigation.

On Thursday, Sen. Dianne Feinstein, D-Calif., said both intelligence and security problems may have played a role in the attack.

"There's no question but that it was a terrorist attack, there is no question but that the security was inadequate and I think that there is no question that we need to work on our intelligence," Feinstein told KCBS-TV.

Clinton refuses to assign blame for Benghazi attacks?

When asked why the U.S. government initially played down the role of Islamic militants, she said: "I think what happened was the director of intelligence, who is a very good individual, put out some speaking points on the initial intelligence assessment. I think that was possibly a mistake."

But the committee's Republican vice chairman, Sen. Saxby Chambliss of Georgia, questioned whether administration officials deliberately omitted possible references to al-Qaida involvement in talking points about the Benghazi attacks.

"Talking points distributed by the administration are nearly identical to intelligence assessments within hours of the attack, except in one important way: the intelligence judgment that the attackers had ties to al-Qaida was excluded from the public points," Chambliss said in a statement on Friday.

"The administration omitted the known links to al-Qaida at almost every opportunity ... Whether this was an intentional effort by the administration to downplay the role of terrorist groups, especially al-Qaida, is one of the many issues the Senate Intelligence Committee must examine," he said.

NBC News Chief Foreign Affairs Correspondent Andrea Mitchell and NBC News producers Catherine Chomiak, Rich Gardella and Libby Leist and Reuters news service contributed to this report.?

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Source: http://worldnews.nbcnews.com/_news/2012/10/19/14563362-documents-add-to-evidence-of-security-fears-before-attack-on-us-consulate-in-benghazi?lite

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Judge questions WTC blame of United Airlines in September 11 case

NEW YORK (Reuters) - A judge on Thursday questioned whether United Airlines could be held responsible for suspected airport security lapses that allowed hijackers onto the American Airlines plane that slammed into the World Trade Center on September 11, 2001.

Thursday's hearing before District Judge Alvin Hellerstein in Manhattan stems from one of the few remaining lawsuits arising from the hijacked plane attacks, which killed more than 3,000 people in New York, the Pentagon outside Washington, and Pennsylvania.

While most of the cases have settled, Larry Silverstein, the leaseholder of the World Trade Center property, is pursuing negligence claims against United Airlines, now United Continental Holdings Inc, and American Airlines. Silverstein says they should both be held liable for loss of property and business.

Silverstein's World Trade Center Properties is seeking additional damages beyond what he has already received from his own insurer. The hearing on Thursday dealt only with claims over the destruction of 7 World Trade Center, a building just north of the World Trade Center site that also collapsed in the attacks.

Silverstein argues that United is responsible for suspected security failures that resulted in the hijacking of American Airlines Flight 11, which slammed into one of the towers.

Those failures, the court heard on Thursday, began very early in the morning of September 11, 2011, when hijackers Mohammed Atta and Abdul Aziz al Omari set out on their trip.

That morning, Atta and al Omari boarded a US Airways flight from Maine's Portland International Jetport to Boston. From Logan International Airport, they connected onto Flight 11, which they commandeered and crashed into the World Trade Center.

Silverstein argues that because United was one of the carriers that operated Portland's only security checkpoint, it is responsible for the screening of all passengers that passed through it, regardless of what flight they are ticketed for.

United "had to be really vigilant when it did the screening," World Trade Center Properties attorney Richard Williamson told the court. "The first line of defense was Portland.... They were just asleep at the switch."

But Hellerstein appeared skeptical.

"Would I be acting inconsistently if I did not dismiss United?" the judge asked, referring to a 2009 order in which he dismissed claims against other airlines for damages caused by United Flight 175, which also crashed into the World Trade Center.

United urged Hellerstein to follow his own logic.

"The duty is to the passengers on our flights," United attorney Jeffrey Ellis told the court.

Hellerstein said he would reserve decision on whether to grant United's bid to dismiss the damage claims over 7 World Trade Center and the American flight.

Judges often do not rule immediately from the bench, preferring to study the issues especially if they are complex.

Silverstein's 2008 lawsuit also named aircraft manufacturer Boeing Co, the Massachusetts Port Authority, which manages Logan International Airport, and security companies as defendants.

He is seeking $8.4 billion in damages for loss of property and lost business, even though Hellerstein has limited the amount to the $2.8 billion Silverstein paid for the leases.

In August, Hellerstein denied the airlines' motion for judgment on whether $4 billion that Silverstein recovered from his insurers more than compensated for the potential damages recovery of $2.8 billion against the airlines, saying it was an issue for a jury to decide at trial.

The attacks prompted the creation of the U.S. Transportation Security Administration, which now oversees security at airport checkpoints.

Hellerstein, who sits in a courthouse less than a mile from the World Trade Center site, has presided over almost all September 11 litigation. Many of those lawsuits, including cases brought by relatives of those killed, people left injured, first responders, cleanup workers and businesses, have been settled.

The case is World Trade Center Properties LLC. et al v. American Airlines, Inc. et al, U.S. District Court for the Southern District of New York, No. 08-cv-03722.

(Reporting By Basil Katz; Editing by Martha Graybow and Andrew Hay)

Source: http://news.yahoo.com/judge-questions-wtc-blame-united-airlines-september-11-033747435--finance.html

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Friday, October 19, 2012

Northwestern mandates University health insurance coverage for ...

Michell Kim/The Daily Northwestern

All international students at Northwestern are now required to enroll in the University's health insurance program, regardless of coverage in their home countries.

October 17, 2012

Starting this school year, all international students at Northwestern are required to enroll in the University?s health insurance program, regardless of coverage in their home country.

The cost of the University's student health care plan this year?totals $2,842.?The plan, which is provided by Aetna Student Health, was expanded this year to cover ?just about everything,? said ?Christopher Johnson, director of the Office of Risk Management.?The new plan?includes wellness care, vaccinations, birth control, unlimited mental health benefits and unlimited prescription benefits.

?If students have health insurance from their home countries, we?re not really sure what it covers and what it does not cover,? said Ravi Shankar, director of NU's International Office. ?There have been several instances where students have fallen sick or they?ve had a physical or mental crisis that those health insurances have not covered, and the student and parents are left with a considerable bill to pay.?

Insufficient home health insurance plans in the past have cost international students as much as $40,000 to $50,000 in medical bills, Johnson said.?Because of this, the University does not want its students to be ?stuck with? that financial burden, he said.?

Additionally, the plan lowers costs from last year's NU health insurance package. Previously students have paid as much as $5,000 for prescriptions, which under the new plan are only a $10 to $20 co-pay, Johnson said.

?We feel that we have a certain responsibility to international students, and for that reason we are requiring them now to take part in the health plan,? Johnson said.

McCormick sophomore Shuyao Shi, a?Chinese international student,?said he thinks the new plan is too expensive, especially for students like himself who are already paying for health insurance at home.??Unable to waive NU's insurance coverage, some international students end up paying for two health insurance plans simultaneously.

?The insurance itself is very good, and on one side I think it is very helpful for students," Shi said. "But on the other side, you know it?s mandatory and double insurance is not very necessary. It would be better if international students had an option to choose if they want the insurance or not.?

Shankar said the implementation of mandated student health insurance is necessary because it ensures that international students are fully covered while they are at NU.

?We have a lot more control in terms of the purchase of Northwestern health insurance, and from a risk management perspective it makes perfect sense,? he said. ?There are several universities that have mandatory health insurance, so this is not anything cutting-edge.?

Source: http://dailynorthwestern.com/2012/10/17/campus/nu-mandates-university-health-insurance-coverage-for-international-students/

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Whenever Fixing Up Your House Don&#39;t Forget The Outside | Home ...

A lot of people like to make their home a comfortable place to be, especially with the decorating of the inside. However that does not mean that you need to quit there, and not also express yourself with the outside of your house as well. In the same way your kitchen is the heart of the inside of your house, finding ways to add your personal mark to your garden and porch are also important. Depending on where you reside, the outside decor can be more complicated, because of the weather. Think about the best way you would like to spruce up your courtyard and your outside porch area.

Do you prefer to invite other people over for cookouts and/or pool parties? However, you may enjoy the solitude of relaxing alone while reclining in a lawn chair. A person might not possess a pool but most likely you have an outdoor grill that you can plan everything else around. Backyard furniture has several options these days, and many are weatherproof, so you won?t need to be too concerned with them on bad weather days. Your available choice of exterior furnishings is considerable, so there shouldn?t be a problem finding the right style or comfort level.

To achieve the correct outdoor lighting would once require the services of an electrical contractor, but now there are easy ways to light up your yard. A particularly very cost efficient method is to utilize solar lights that you can place in different locations so that they are going to be exposed to sunlight which charges them. These items work very well in many situations although during certain seasons of the year when there is less sunlight they may not provide light all night long. Picking out things to plant in your yard could be the hardest part of planning your outdoor decor. A nice green yard always looks good, but to express your own style, you will want to pick out some of the the appropriate plants. You?ll be able to locate these plants in planters or even in the soil. Decorative planters can be used by growing flowers, and the containers can be a component of the decor by themselves.

It is great to have plenty of places to sit down in your yard, so think about putting a stone bench. It?s going to be long lasting, and fit in with the natural parts of your yard. You might even want to put in statuary, as an additional touch. A fountain is an additional tranquil but preferred option. A solar-powered fountain is often an low-cost useful option. This is often something as elementary as water flowing from a container creating a simulated waterfall. There?s nothing quite so calming as to sit in your yard experiencing the sounds of water which block out other neighborhood sounds.

?

ast agreement ?When you decorate your home?s interior, be certain that you also take into account the outside appearance. Whenever people come around your home, the first thing they notice is what your property looks like on the outside. Whatever they see externally can give them a preview of what they?ll see once they cross the threshold.

Source: http://www.niutranslations.com/whenever-fixing-up-your-house-dont-forget-the-outside.html

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NHL cancels games through Nov. 1

NEW YORK (AP) ? The NHL wiped out the third week of the regular season Friday as the lockout dragged on, leaving no more wiggle room if the league hopes to play a full 82-game schedule.

A day after the NHL turned down three counterproposals from players, the league canceled 53 more games. A total of 135 games through Nov. 1 have been scratched, which amounts to 11 percent of the season.

"As expected," New York Rangers goalie Martin Biron told The Associated Press in a text message. "We continue to work hard to find an agreement and get back to playing hockey."

In its third lockout since 1994, the NHL is sticking to its most recent proposal that stated a full 82-game-per-team schedule could be played if the season begins by Nov. 2. The league says a deal must be reached with the union by next Thursday for that to happen.

Two weeks ago, the league called off 82 games from Oct. 11-24.

On Thursday, the union rejected the NHL's proposal made two days earlier that offered a 50-50 split of hockey-related revenues and ensured a full regular-season schedule. In brief talks, the players countered with their trio of offers that were, in turn, quickly dismissed by the league.

NHL Commissioner Gary Bettman said he was "thoroughly disappointed" as he and the league delegation left union headquarters in Toronto. Bettman said that the owners' proposal was the "best that we could do" and added that the sides are still far apart.

"None of the three variations of player share that they gave us even began to approach 50-50, either at all or for some long period of time," Bettman said Thursday. "It's clear we're not speaking the same language."

No new talks are scheduled.

If next Thursday's deadline passes, more games will likely be cut, and the New Year's Day Winter Classic will be the next big event in danger of being lost. The Detroit Red Wings are slated to host the Toronto Maple Leafs in the outdoor extravaganza at Michigan Stadium.

Union executive director Donald Fehr said two of the union's proposals would have the players take a fixed amount of revenue, which would turn into an approximate 50-50 split over the term of the deal, provided league revenues continued to grow.

The third approach would be a 50-50 split, as long as the league honored all existing contracts at full value.

None of it made any positive impression on the NHL.

"This is not a good day," Fehr said Thursday. "It should have been."

The players' association didn't have any immediate comment following the latest cancellations.

Source: http://news.yahoo.com/nhl-cancels-games-nov-1-181319850--nhl.html

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