First lady announces effort to help kids exercise

First lady Michelle Obama greets educators and state and community officials at a "Let's Move!" program at the Eastside and Northside Elementary Schools in Clinton, Miss., Wednesday, Feb. 27, 2013. Obama and television chef/personality Rachel Ray visited with the children and conducted a cooking contest between the schools' chefs. (AP Photo/Rogelio V. Solis)

First lady Michelle Obama greets educators and state and community officials at a "Let's Move!" program at the Eastside and Northside Elementary Schools in Clinton, Miss., Wednesday, Feb. 27, 2013. Obama and television chef/personality Rachel Ray visited with the children and conducted a cooking contest between the schools' chefs. (AP Photo/Rogelio V. Solis)

CHICAGO (AP) ? Imagine students learning their ABCs while dancing, or memorizing multiplication tables while doing jumping jacks.

Some schools are using both methods of instruction, and Michelle Obama would like to see more of them use other creative ways to help students get the recommended hour of daily exercise.

In Chicago Thursday, the first lady announced a new public-private partnership to help schools do just that. "Let's Move Active Schools" starts with a website, www.letsmoveschools.org , where school officials and others can sign up to get started.

Mrs. Obama said too many penny-pinched schools have either cut spending on physical education or eliminated it outright to put the money toward classroom instruction. But the first lady who starts most days with a workout ? and other advocates of helping today's largely sedentary kids move their bodies ? say that's a false choice, since studies that show exercise helps youngsters focus and do well in school.

The effort is one of the newest parts of Mrs. Obama's 3-year-old campaign against childhood obesity, known as "Let's Move," which she has spent the week promoting.

"With each passing year, schools feel like it's just getting harder to find the time, the money and the will to help our kids be active. But just because it's hard doesn't mean we should stop trying," the first lady said. "It means we should try harder. It means that all of us ? not just educators, but businesses and nonprofits and ordinary citizens ? we all need to dig a little deeper, start getting more creative."

She was joined at McCormick Place in her hometown by several Olympians, including gymnasts Dominique Dawes and Gabby Douglas, sprinter Allyson Felix, tennis player Serena Williams and decathlete Ashton Eaton, along with San Francisco 49ers quarterback Colin Kaepernick and triathlete Sarah Reinertsen, whose left leg was amputated above the knee when she was a child, and other athletes. Thousands of students from city middle schools also were being brought in for the event.

Research shows that daily exercise has a positive influence on academic performance, but kids today spend too much time sitting, mostly in school but also outside the classroom while watching TV, playing video games or surfing the Internet. Federal guidelines recommend that children ages 6-17 get at least 60 minutes of exercise daily, which can be racked up through multiple spurts of activity throughout the day.

The White House says the most current data, from 2007, shows that just 4 percent of elementary schools, 8 percent of middle schools and 2 percent of high schools provided daily physical education.

Education Secretary Arne Duncan said he's proof of the link between exercise and academic performance. As a boy, he said, he had a hard time sitting still in class but that exercise helped him focus.

"What's true for me is true for many of our nation's children," he said in an interview.

Duncan, who played basketball professionally in Australia, said the choice is not between physical activity or academics, especially with about one-third of U.S. kids either overweight or obese and at higher risk for life-threatening illnesses like heart disease or diabetes.

"It's got to be both," he said. Duncan cited the examples of students learning the alphabet while dancing or memorizing multiplication tables while doing jumping jacks.

Mrs. Obama called on school staff, families and communities to help get 50,000 schools, about half the number of public schools in the U.S., involved in the program over the next five years.

The President's Council on Fitness, Sports & Nutrition, the American Alliance for Health, Physical Education, Recreation & Dance, and the Alliance for a Healthier Generation will oversee the program. Funding and other resources will come from Nike Inc., the GENYOUth Foundation, ChildObesity180, Kaiser Permanente and the General Mills Foundation.

Under the new initiative, modest grants will be available from the Education Department to help some programs get started. The GENYOUth Foundation and ChildObesity180 also will be awarding grants.

Nike has committed $50 million to the effort over the next five years; the remaining groups together have pledged more than $20 million.

Williams said it's important to structure the activity so that it doesn't feel like a workout.

"I had fun and I didn't realize it was work," she said about her years of practice before becoming one of America's top tennis players.

___

Online:

Let's Move: http://www.letsmove.gov

___

Follow Darlene Superville on Twitter: http://www.twitter.com/dsuperville

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/bbd825583c8542898e6fa7d440b9febc/Article_2013-02-28-Michelle%20Obama/id-97f5637520ff4f2abfa35555cd44a694

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White House issues veto threat on GOP fiscal plan

WASHINGTON (AP) ? The White House is threatening a presidential veto of a Senate Republican measure that would give President Barack Obama more authority and flexibility to find $85 billion in spending cuts this year. The measure is intended to replace the automatic across-the-board cuts scheduled to kick in Friday.

The White House says it instead backs a Democratic measure to replace the cuts with tax hikes on millionaires and spending reductions over 10 years.

Neither bill is likely to survive Senate procedural obstacles Thursday.

The White House says there is no way to cut $85 billion over the remaining seven months of the fiscal year without "drastically affecting national security and economic policies." A statement by the White House budget office says Obama's advisers would strongly recommend he veto the Republican proposal.

Source: http://news.yahoo.com/white-house-issues-veto-threat-gop-fiscal-plan-180445716--politics.html

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Ex-BP CEO makes brief cameo at oil spill trial

NEW ORLEANS (AP) ? Once the object of ridicule and focus of outrage after the 2010 oil spill in the Gulf of Mexico, BP former chief executive Tony Hayward made a cameo Wednesday at the trial over the disaster, briefly showing up on a videotape in what may be his only appearance in the courtroom.

Hayward, who famously said "I'd like my life back" at the height of the spill, isn't expected to take the witness stand in the high-stakes trial to determine how much more BP and its partners should pay for the spill. While Hayward testified before Congress and gave a videotaped deposition for this trial, his role may be limited here by his lack of direct knowledge of the drilling operations on the Deepwater Horizon.

Still, attorneys for the U.S. government and Gulf Coast residents and businesses showed a 20-minute snippet of his deposition, projecting the video on a large white screen in the courtroom. The attorneys have said the London-based company bears most of the blame for the spill and they accused the company of putting profits ahead of safety by cutting corners on a project that was over budget and behind schedule.

"I believe that the role of leaders is very important in shaping the culture of an organization," Hayward said in the videotape.

He also said cost-cutting measures in the years before the 2010 spill did not have an effect on drilling operations, comments that differed from excerpts of a videotaped deposition from Kevin Lacy, who served as BP's senior vice president for drilling operations in the Gulf before resigning several months before the spill.

Lacy said BP slashed between $250 million and $300 million from its Gulf drilling budget from 2008 to 2009 while at the same time its production rose by more than 50 percent.

"I was never given a directive to cut corners or deliver something not safely, but there was tremendous pressure on costs," Lacy said.

U.S. District Judge Carl Barbier is presiding over the trial designed to identify the causes of BP's Macondo well blowout and assign percentages of fault to the companies involved. If BP is found guilty of gross negligence, it could be on the hook for nearly $18 billion.

The rig explosion killed 11 oil rig workers and the busted well dumped an estimated 172 millions of gallons of oil into the Gulf.

Barbier listened to the videotape as a lawyer asked Hayward about a speech he gave just five days before the blowout.

Hayward spoke about the company's "drive to increase efficiency and reduce costs."

"The context was I'd spent time talking about safe, reliable operations before I talked about any of this," Hayward said.

Hayward also drew a distinction between reducing "corporate overhead" and cutting "corporate operating costs."

While the busted well spewed oil into the Gulf, Hayward was photographed at a yacht race and also accused of directing his employees to downplay the disaster to keep stock prices afloat.

Hayward told Congress he was personally devastated by the spill and that it never should have happened. He stepped down as CEO and later left the company.

Rig owner Transocean Ltd. and cement contractor Halliburton also are defendants and their lawyers have tried to minimize their roles in the disaster. BP attorneys have said the drilling was a team effort and that all of the companies share responsibility for the disaster.

Earlier Wednesday, Transocean attorney Kerry Miller questioned Lamar McKay, who was president of BP America at the time of the disaster. McKay said he personally did not know of any reason to be critical of Transocean or its crew members on the rig and acknowledged that BP still leases three rigs from Transocean operating in the Gulf.

He agreed that the Deepwater Horizon was a "very safe operating rig."

"Up until the accident, yes," McKay said.

McKay also said BP has accepted "part of the responsibility" for causing the blowout of its Macondo well.

"We have apologized for that," said McKay, now chief executive of BP's Upstream unit. "We have accepted responsibility for that in many ways."

BP pleaded guilty in January to 14 criminal counts, including 11 felony counts of manslaughter, and agreed to pay $4 billion in criminal penalties to resolve a Justice Department probe. Transocean pleaded guilty earlier this month to one misdemeanor count of violating the Clean Water Act and agreed to pay $400 million in criminal penalties.

Miller pointed out the differences between the companies' plea deals as he questioned McKay.

___

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Source: http://news.yahoo.com/ex-bp-ceo-makes-brief-cameo-oil-spill-202029924--finance.html

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How to raise your prices by 300% (almost) overnight - ShoeMoney ...

One of the worst pieces of advice you can ever listen to is: raise your prices if you want to be more profitable. Why? Because it?s grossly incomplete.

In this blog post, I want to share specific actionable things you can do to raise your prices by 300% or more (also referred to as being a premium provider). Besides the obvious benefit of being more profitable, charging premium prices also enables you to grow faster and, counter intuitively, attract better clients. From a lifestyle perspective, you can also hit six figures or higher with only a handful of clients and with very little staff and infrastructure (goodbye complex sales funnels).

I have applied this approach for myself and my clients in multiple markets including markets that are notoriously price sensitive. It works best if you?re in a position to be able to set your own prices / fees.

Becoming a premium provider requires you to implement 2 key things:

1. Identifying one or more affluent markets that can pay you premium dollars (as the old saying goes: ?You call sell Mercedes to broke people but good luck.?)
2. Focusing on communicating accelerated results. What do I mean by this? Affluent buyers are not interested in education since they tend to be fairly educated already, and they are extremely busy. This means they don?t want to hear about many DVDs or manuals are in your home study course or how many years of experience you have. Since the #1 thing they value is their time, you have to be able to communicate how you can help them quickly get the results they want with your help.

Here are some real-world examples that will show these principles in action.

Marty is a fit 50-year old who was a spokesperson for a weight loss company (he lost 75 pounds under some very challenging circumstances). He was approached constantly after each public appearance on how he did it. Finding that he wanted a more active role, he decided to launch his own business. Because he had no track record, he felt he needed to start at the bottom and coach people for free. As you can imagine, his results was abysmal because these folks never committed to what he was coaching them on. After he became my client, I recommended that he narrowed his target market to male business owners and executives between 45 and 55.

Why this target market? Marty is a male business owner so there?s affinity and people in that age range tend to be more affluent vs. people in the 20s or 30s (a much, much more crowded market and much more commoditized).

To summarize: in less than 45 days of working together, Marty has sold his 1st client at $800 and his highest sale has been $4,000 so far (my goal is to get him up to $10,000 per client). He?s even landed a world-famous heart surgeon in Italy (!) as a client (Marty lives in Chicago). His big promise is he can help his clients quickly get in the best shape on their life mentally and physically, not how to get six-pack abs (that appeals more to a younger audience).

As a second example, Angela helps folks release destructive habits that lead to overstress (this refers to when you?re so stressed that your physical and mental facilities start breaking down). Until now, she has referred to herself as a stress management expert, which immediately caps her financial results. Instead, I have repositioned her as a peak performance specialist.

With that in mind, she is initially targeting female business owners and executives, and she?s also raised her fees by over 1,000% (with her target market, having stress is sometimes worn as a badge of honor hence the repositioning to a peak performance specialist).

Finally, she has connections to very high net worth families. In this case, she has to raise her fees just to be credible to this target market (as I advised her, if they?re paying you the same as their maids, it?s unlikely they will take you seriously).

Prior to working together, she was spending months trying to figure out how to sell a $47 product and implementing a maze to upsell the buyers into a $297 product. Instead, we have set all that aside and focus on attracting premium clients that can pay her thousands of dollars per sale (with the high net worth families, the goal is to charge 5 figures or more per sale).

So here?s the game plan for you to raise your prices / fees by 300% or more almost overnight:

1. Identify one or more affluent markets that can afford to pay premium dollars (in most cases, this is usually a subset of your existing list ? In other cases, you may have to go to an adjacent market).
2. Communicate your benefits in terms of accelerated results vs. how much ?stuff? is in your solution.

By applying these 2 simple principles, you can pass on marginal buyers and focus on premium buyers instead. You can also save weeks and months of your life from having to come up with a gigantic upsell maze that usually cost a fortune to implement.

About the author...

Alex Nghiem ? who has written 1 posts on ShoeMoney.com.

Alex Nghiem is an in-demand business strategist that helps his worldwide clients attract premium buyers that pay top dollars. To get access to more hands-on training and detailed case studies, go to http://www.expertriches.com/shoemoney

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1. Perception is Everything (or ?Fake It ?Til You Make It?)
2. 2 Simple ways to reduce spam complaints
3. How I made 15,000.00 In 1 Month Just By Tweeting

Source: http://www.shoemoney.com/2013/02/27/how-to-raise-your-prices-by-300-almost-overnight

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New cars increasingly out of reach for many

Paul A. Eisenstein , The Detroit Bureau ? ? ? 10 hrs.

Looking to buy a new car, truck or crossover? You may find it more difficult to stretch the household budget than you expected, according to a new study that finds median-income families in only one major U.S. city actually can afford the typical new vehicle.

The typical new vehicle is now more expensive than ever, averaging $30,550 in 2012, according to TrueCar.com data, and heading up again as makers curb the incentives that helped make their products more affordable during the recession when they were desperate for sales.

According to the 2013 Car Affordability Study by Interest.com, only in Washington, D.C., could the typical household swing the payments, the median income there running $86,680 a year. At the other extreme, Tampa was at the bottom of the 25 large cities included in the study, with a median household income of $43,832.

The study looked at a variety of household expenses, such as food and housing, and when it comes to purchasing a new vehicle, it considered more than just the basic purchase price, down payment and monthly note, factoring in such essentials as taxes and insurance.

Bottom line? A buyer in the capital can purchase a car with a sticker price of $31,940, slightly more than the new vehicle average for the 2013 model year and about what it would cost for a mid-range Ford Fusion sedan or a stripped-down BMW X1 crossover. The buyer in Tampa? They?ll just barely cover the cost of a basic Kia Rio, with $14,516 to spend.

More from The Detroit Bureau: Hyundai settles lawsuit for false mileage claims

?If you live in New York City or San Francisco, you?re probably going to have to pay a lot for housing, but you don?t have to pay a lot for a car,? said Mike Sante, the managing editor of Interest.com, a financial decision-making website.

Affordability has been a matter of growing concern for the auto industry in recent years as prices have continued to move upward. Even the most basic of today?s cars are generally loaded with features that were once found on high-line models a few decades back ? if they were available at all ? such as air conditioning, power windows, airbags and electronic stability control, as well as digital infotainment systems. They also have to meet ever tougher federal safety, emissions and mileage standards that have added thousands to the typical price tag.

?The average compact car of today has the features of a midsize model somebody might be trading in ? but it may be just as expensive,? said David Sargent, director of automotive operations for J.D. Power and Associates.

That is one reason why many buyers have been downsizing in recent years, said Bill Fay, general manager of Toyota, though he added that ?there is still a lot of affordability in the marketplace.?

Perhaps, but industry planners have come to recognize that they are targeting a much smaller segment of the American public than in decades past. That?s one reason why most manufacturers are offering more downsized models.

More from The Detroit Bureau: Consumer Reports names its 'Top Picks'

They also are working with their dealers to offer certified pre-owned programs where buyers can stretch their budget by purchasing a two- or three-year-old vehicle that has gone through an extensive inspection and, if necessary, repairs and replacements. Such vehicles may cost slightly more than a conventional used model but usually include a like-new warranty.

While the typical new vehicle will likely nudge up this year, Interest.com editor Sante stressed that car costs are one of the most controllable parts of a household?s budget. ?You?re better off driving something more affordable and saving or investing the difference.?

If the typical new car costs $30,550, with an average monthly payment of $550, the five cities most able to meet ? or come close ? are:

1) Washington, D.C.
Average Household Income: $86,680
Affordable Purchase Price: $31,940
Maximum monthly payment: $628

2) San Francisco
Average Household Income: $71,975
Affordable Purchase Price: $26,786
Maximum monthly payment: $537

3) Boston
Average Household Income: $69.455
Affordable Purchase Price: $26,025
Maximum monthly payment: $507

4) Baltimore
Average Household Income: $65,463
Affordable Purchase Price: $24,079
Maximum monthly payment: $468

5) Minneapolis
Average Household Income: $63,352
Affordable Purchase Price: $24,042
Maximum monthly payment: $470

At the other end of the scale, those five cities least able to handle a car payment are:

21) Phoenix
Average Household Income: $50,058
Affordable Purchase Price: $17,243
Maximum monthly payment: $348

22) San Antonio
Average Household Income: $48,699
Affordable Purchase Price: $17,137
Maximum monthly payment: $334

23) Detroit
Average Household Income: $48,968
Affordable Purchase Price: $17,093
Maximum monthly payment: $332

24) Miami
Average Household Income: $45,407
Affordable Purchase Price: $15,188
Maximum monthly payment: $295

25) Tampa
Average Household Income: $43,832
Affordable Purchase Price: $14,516
Maximum monthly payment: $282

More from The Detroit Bureau

Copyright ? 2009-2013, The Detroit Bureau

Source: http://www.nbcnews.com/business/new-cars-increasingly-out-reach-many-americans-1C8573730

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Kerry defends liberties, says Americans have "right to be stupid" (reuters)

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Strong Links to a Healthy Life All Around Us

When you come to an intersection, you probably walk when the light is green or the signal icon tells you it's OK to cross. You do not need a multi-year research study to tell you how to proceed. Not so with science-based behaviors. Here, we would need to study years of people walking across the street, controlling for ambient light, traffic density and patterns, weather conditions, color patterns in pedestrian clothing, eyesight, and a number of other factors. If we had been waiting to cross that street we would, in all likelihood, have expired long ago.

So it is with the research findings called "startling" about the health benefits of Mediterranean diets, just published in the New England Journal of Medicine. Fresh fruits and vegetables, lots of fish, olive oil, and nuts, and healthy wine consumption were linked to big reductions in heart attacks, strokes, and deaths. These are not marginal benefits at the edge of healthy behaviors. They are the big ones.

I am happy for the research. Even while longevity gains continue, they would be far more impressive if people took proper care of themselves. For those who do, typical life spans should be well into the 90s, not the mid-80s, which is the average for all Americans now age 65. Healthier lifestyles are also likely to reduce one of the biggest financial stresses of retirement: big medical bills that aren't fully covered by Medicare. Lifetime out-of-pocket healthcare spending for a typical 65-year-old couple now averages north of $250,000 and can easily be double or triple that for affluent retirees.

[Read: What People Who Live to 100 Have in Common.]

Of course, I also was happy years ago when I read about the benefits of the Mediterranean diet in earlier research findings. Beyond physical benefits, it is increasingly likely that this diet also helps ward off Alzheimer's and cognitive decline in general.

Still, we stand on the corner waiting to cross the street. Why?

For many years, the odds have overwhelmingly supported the notion that we can receive a huge future payoff from an investment today in better health, diet, and lifestyle choices. Sadly, the compelling logic of the wellness argument is often defeated by one of the cardinal findings of behavioral economics: People have a lot of trouble making a tangible sacrifice today in exchange for a possible reward in the future. Even if the sacrifice is modest and the reward enormous, the time mismatch is a game-ender for many. It's like positioning the fulcrum of a teeter-totter near one end instead of in the middle. No matter how hard the person on the short end tries, it's just too hard to balance the board.

One way to correct this imbalance is to make the sacrifices seem less difficult and the rewards truly astronomical. You see this approach used all the time. Particularly with diet: The marketing messages stress how easy it is, how little effort is required before those pounds slide away, how you become irresistibly attractive, your life and career improve, you discover eternal life, and so on.

[Read: How to Plan for a Long Life.]

On our teeter totter, diet and exercise are perched on the short end, and improved health and longevity on the long end. And it's at the long end that some astounding future benefits await. Thirty years of vigorous living versus a wheelchair in a neglected corner of a nursing home.--or worse. Regular cardiovascular exercise is also associated with lower rates of dementia. Get your blood flowing, add oxygen, and marvelous healthful results may ensue. We're not talking about running marathons, either. Moderate exercise works if it's done frequently. Spend 30 minutes a day walking and you can be there.

Key components of the Mediterranean lifestyle and diet include:

-- Getting plenty of exercise and eating your meals with family and friends

-- Eating a generous amount of fruits and vegetables (legumes are best)

-- Consuming healthy fats such as olive oil and canola oil

-- Using herbs and spices instead of salt to flavor foods

-- Nuts, chocolate with a high cocoa content, low-fat cheese, and even lots of eggs

-- For wine drinkers, a glass a day of red wine is recommended

-- Consuming very little red meat

-- Eating fish or shellfish two to three times a week, including at least some high-fat fish such as salmon and tuna

[See 10 Ways to Save on Food Costs]

The real breakthrough we need, however, is not in research but in figuring out how to change human behavior. It's likely, of course, that it can be costly to follow a Mediterranean diet, placing the best eating practices beyond the budgets of many Americans. But there is no defensible reason healthy and affordable foods can't be more widely available and consumed.

When government tries to mandate healthy behaviors, many people howl about "big brother," such as when New York Mayor Michael Bloomberg wanted to regulate oversized soft drink containers. We should also be howling when the nation's eating habits lead to chronic diseases that effectively waste hundreds of billions of healthcare dollars each year that we can't afford.

Source: http://news.yahoo.com/strong-links-healthy-life-around-us-191003090.html

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Tips For Choosing Your Next Holiday Destination

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Italy vote hits world markets, euro; U.S. stocks up

NEW YORK (Reuters) - U.S. stocks jumped on Tuesday after Federal Reserve Chairman Ben Bernanke reassured investors about the continuation of stimulus measures, bucking a downward trend in global equities and the euro on the uncertainty created by Italy's election.

A closely watched gauge of European stock market volatility hit a 2013 high after the muddy election outcome in Italy raised fresh concern about the outlook for the euro zone's debt crisis.

Investors are fearful that the strength of the vote for anti-austerity parties will weaken efforts to reform Italy's public finances and its labor laws, damaging the euro zone's efforts to resolve its three-year old debt crisis.

Markets across Europe fell on the vote results, with Italy's FTSE MIB among the hardest hit, tumbling 4.9 percent.

"This should remind us the crisis has only been in remission," said Bruce McCain, chief investment strategist at Key Private Bank in Cleveland, Ohio.

The uncertainty led to a sharp rise in volatility, with Europe's VSTOXX index, which reflects demand for protection against a drop in major European equities, hitting a new year's high on Tuesday at 24.73.

The MSCI world equity index was down 0.5 percent, while the pan-European FTSEurofirst 300 index ended 1.4 percent lower.

Southern European government bond prices sank. Italy's 10-year bond yields rose as much as half a point to 4.86 percent, their highest since mid-December.

U.S. stocks climbed as Bernanke strongly defended the Fed's bond-buying stimulus, easing worries that monetary policymakers might be getting cold feet about continuing the extraordinary measures to support the economy.

Bernanke "certainly said everything the market needed to feel in order to get comfortable again," said Peter Kenny, managing director at Knight Capital in Jersey City, New Jersey.

On Wall Street, the Dow Jones industrial average was up 117.34 points, or 0.85 percent, at 13,901.51. The Standard & Poor's 500 Index was up 9.09 points, or 0.61 percent, at 1,496.94. The Nasdaq Composite Index was up 14.22 points, or 0.46 percent, at 3,130.47.

In the foreign exchange market, the euro dropped against the dollar and remained highly susceptible to further selling as political gridlock in Italy caused the government's borrowing costs to jump.

"Events in Italy show that politicians are pushing back at fiscal austerity measures," said Paul Robson, currency strategist at RBS. "It is negative for the euro."

The euro last traded at $1.3048, down 0.1 percent on the day, but above a low of $1.3017 hit during early London hours, which was the lowest level since January 7. Against the yen, the euro last traded down 0.6 percent at 119.24 yen.

The dollar erased early gains and was down for a second straight day against the yen. It last traded at 91.34 yen, down 0.5 percent on the day and not far from a low of 90.92 yen on Monday, its lowest in nearly a month.

The Italian elections weighed on oil prices. Brent crude oil futures fell by more than $2 a barrel to $112.41, touching the lowest level since January 24. Brent crude for April delivery was down $1.94 at $112.50.

U.S. BONDS SLIP

The fear of an uncertain political and economic landscape in Italy, along with Bernanke's comments, inspired a persistent bid for U.S. debt, cushioning a fall in Treasury prices.

The benchmark 10-year U.S. Treasury note was down 4/32, with the yield at 1.8774 percent.

U.S. financial markets were rattled last week when minutes of the Fed's January meeting showed some officials were thinking of scaling back its monetary stimulus earlier than expected.

In his testimony, Bernanke also urged lawmakers to avoid sharp spending cuts set to start taking effect on Friday.

"Bernanke's commentary showed the Fed chairman wants to continue quantitative easing (i.e. bond purchases) and keep its general stance of monetary policy accommodation," said Eric Stein, vice president and portfolio manager at Boston-based Eaton Vance Investment Managers.

The Fed is currently buying $85 billion in bonds each month and has said it plans to keep purchasing assets until it sees a substantial improvement in the outlook for the labor market.

Adding to support for U.S. stocks, U.S. home prices closed out 2012 with the biggest annual gain in more than six years, according to the S&P/Case Shiller index. U.S. government data showed that sales of new homes spiked in January, the latest sign that the long-suffering housing market was on the mend.

A separate report showed U.S. consumer confidence rose more than expected this month as Americans shrugged off worries about fiscal policy.

(Additional reporting by Ryan Vlastelica, Ellen Freilich and Julie Haviv in New York; Editing by Dan Grebler and Leslie Adler)

Source: http://news.yahoo.com/italy-vote-hits-world-markets-euro-u-stocks-202030989--finance.html

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2013 Oscars Blog | People's Critic: Film Reviews - seattlepi.com

Live from my living room?.it?s the 2013 Oscars. My party consists of hummus, Gatorade, Twitter, and a space heater. Bring on the awards!

5:30PM ? The opening from Seth McFarlane is pretty lackluster. I would?ve never thought he?d be hosting a show like this. As I imagined the opening turned into a bit from Family Guy. Dance number, puppets, Captain Kirk. It feels like a bad opening for the MTV Awards

I can?t believe I?m missing The Walking Dead for this.

5:47 ? The first award goes to Christoph Waltz for Django Unchained. Leo is somewhere screaming ?That?s MY Oscar?. It?s Waltz second Oscar and well deserved. He?s a pretty film treasure. I hope we get to see more of him soon.

5:55 ? Paperman wins for Best Animated Short. I loved it. Simple, cute, and engaging. ?Best Animated feature goes to Brave.? The best part was the guy who accepted the award wore a kilt. See what Kanye West started.

6:05 ? The Avengers assemble, minus Thor, to hand out the award for cinematography. The Oscar goes to Life of Pi. So far the winners haven?t been a disappointment. Pi gets back-to-back awards winning for Visual Effects as well.

I love the Jaws music as the play off music for the speakers. Hilarious

6:17 ? Anna Kjoinnaoinfoe wins an award for Costume Design while Les Mis wins its first award for Make Up. How do they even decide those categories? Does the entire makeup team get an Oscar? If I clean the makeup kits, do I get an award too?

Halle Berry hasn?t aged in years. She leads off the Bond montage bridges into Shirley Bassey singing Goldfinger. It?s a reminder at how long the Bond themes have been around and how much they?re a part of Hollywood. Bassey sounds amazing. I hope Alicia Keys is watching this and taking notes.

This Scandal commercial just reminded me why I love Kerry Washington.

Why wasn?t Richard Parker nominated. He was one of my favorite supporting actors this year. I want him to win just for the awkward exchange between Anne Hathaway and a live tiger. That would be riveting?television.

6:32 ? Kerry Washington comes out to present as if I needed another reminder. It?s smart doing the Best Picture nominees in batches. What?s not smart is how these montages are giving away the entire movie. They should come with spoiler alerts.

Searching for Sugar Man wins for Best Documentary. It?s such a good film by a first time director. Seth McFarlane?s jokes have been hit and miss for most of the night.

Musical montages are kryptonite for people who hate musicals. Luckily it?s Catherine Zeta-Jones so you can?t be too mad. The Chicago, Dreamgirls, Les Mis musical performance gets a standing ovation. Hilarious seeing Russell Crowe pop up on stage. Critics have killed Les Mis for Crowe?s performance. ?I bet he threatened to go Gladiator on everyone if they didn?t include him. Surprisingly he didn?t sound like a drowning cat this time.

7:09 ? Captain Kirk and Uhura are giving out awards for tech. Everyone?s favorite foul mouth stuffed animal Ted makes some orgy jokes/Jewish jokes that I?m sure are going to get ABC some lovely letters from parents all over. ?I?m not sure when the ?edgy? Oscar jokes became a thing, but it looks like the jokes are here to stay.

I can?t believe they have a tie for the sound editing Oscar. Has this ever happened before? This is messing up Oscar pools everywhere. How do you tie for an Oscar when you can?t tie in Uno. Something doesn?t seem right.

I think guys with long hair are 5-0 tonight.

Best Supporting Actress goes to Anne Hathaway for getting her haircut and her tooth pulled out. I would love to see her win for The Dark Knight Rises. It even looks like she?s still wearing that necklace she stole from Bruce Wayne.

ABC finally nails it with a great promo for Nashville. We need more of those tonight. ?Who knew the girl for Heroes would become a country singer.

7:29 ? ARGO wins ARGO wins?for editing. Let?s hope it?s a sign of things to come later.

Jennifer Lawrence is amazing. That is all.

Adele?s Skyfall is in my Top 5 Bond songs. Of course, Adele?s performance is dope as always. She?s got such an amazing voice. ?I want her to sing Skyfall at my wedding and every major sporting event.

7:43 ? Kristen Stewart looks like she?s still transforming into a vampire or has been hanging out with Snoop backstage. They need to get her off screen pronto.

7:57- The In Memoriam part of the show is always sad. I wonder who gets the last shot. Composer Marvin Hamilsch gets the final photo followed by a sad Barbara Streisand song.

McFarlane nails a hilarious Rex Reed joke. So far he?s got in a few good zingers.

Adele wins again. That makes a Golden Globe, Grammy, and Oscar in one year. Not bad. Not bad at all. She?s running for President next.

My friend Maia just tweeted ?Adele could sing the ingredients from a Lean Cuisine box for all I care?. I couldn?t agree more.

How tall is Charlize Theron because Dustin Hoffman looks like TED standing next to her. Adapted Screenplay goes to Argo while Original Screenplay Tarantino for Django. That?s the first big surprise of the night.

I?m still campaigning for The Academy to make a category for Best Villain. Who wouldn?t want to see Tom Hardy, Tom Hiddleston, and Javier Bardem up there tonight? That?s a win-win.

8:43 ? Time for the big awards. Ang Lee snags the first one for Life of Pi. Two shockers in a row with Tarantino and Ang Lee winning. My Oscar pics are all messed up. I?m happy for Ang Lee and everyone involved in Life of Pie. It?s such a beautiful movie.

Best Actress is up next and I have big money on Jennifer Lawrence although I did love Jessica Chastain?s performance?..and she wins. 2012 was the Year of J.Law. Good for her until she fell on the stairs. I?m sure those internet memes of her falling will be popping off soon. Either way, Katniss won The Hunger Games and an Oscar. Great year for her.

Daniel Day Lewis wins in the only category that was a lock since Lincoln came out. In heaven, I fully expect Lincoln to be Daniel Day Lewis. Daniel Day also delivers the best speech of the night. That man can do no wrong. I need Zac Efron to play younger me in my biopic and Daniel Day Lewis to play the older me.

FLOTUS with the biggest surprise of the night ? she?s presenting for Best Picture. The Oscar goes to Argo. Ben did it! Who knew he?d be here after Gigli and Daredevil. I?m happy for Ben. His career has made a complete 180.? Not to mention he?s 3 for 3 directing movies.

Always a fun time at the Academy Awards. Till next year.

Source: http://blog.seattlepi.com/peoplescritic/2013/02/24/2013-oscars-blog/

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Hands-on with the LG Optimus G Pro

LG's flagship Android smartphone gets bigger, faster and ... a bit familiar-looking

You're forgiven for thinking it. We all are. It's impossible to pick up the LG Optimus G Pro -- the oversized, 5.5-inch Android half-phone/half-tablet unveiled this week at Mobile World Congress in Spain -- and not think of another Korean manufacturer's similar product. Go ahead and get that out of your system.

This is the Optimus G Pro. Not the Samsung Galaxy Note 2. But, yeah. There are certain physical similarities. You can't help by notice that. And for sure the folks in the 50 or so countries LG's planning on launching the Optimus G Pro in (beginning in the second quarter) will notice. Maybe that's the idea. Or maybe not.

In a nutshell, it takes all of the hardware and software LG brought in the original, smaller Optimus G in the fall of 2012 and expands it to a larger platform. The display sports a 1920x1080 resolution, for about 400 pixels per inch. The internal specs are beefier, powered by a 1.7 GHz quad-core Qualcomm Snapdragon 600 processor, the better to push all those pixels. Sluggish, this device is not.

read more

Source: http://feedproxy.google.com/~r/androidcentral/~3/WzrerTq1ydY/story01.htm

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Jordan: No news of activist held in Saudi Arabia

AMMAN, Jordan (AP) ? Jordan says it has no official word from Saudi Arabia about one of its citizens apprehended by authorities there 50 days ago.

Jordanian foreign ministry spokeswoman Sabah Rafie told the Associated Press Monday that Jordan has yet to receive a formal response regarding the detention of Khaled Natour at Riyadh airport.

Foreign Minister Nasser Judeh, his offices, and the Jordanian ambassador to Saudi Arabia have made repeated queries but to no avail, she said.

Youth activist Natour has protested outside the Saudi embassy in Amman against the Saudi-led military force that quashed protests in Bahrain. He later travelled to Saudi Arabia on a work visa but was detained upon arrival in Riyadh.

Al-Rafie said Natour's father contacted the ministry Sunday and wept because he has no news of his son.

Source: http://news.yahoo.com/jordan-no-news-activist-held-saudi-arabia-141850936.html

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Bada to be retired, will see its best features absorbed by Tizen

It's been over a year since rumors and statements suggested Samsung's Bada OS was due to be terminated, but that some form of it would live on within the open-source Tizen OS. Now, Samsung exec Won-Pyo Hong has confirmed as such with Korean news agency Yonhap. Rather than a complete fusion of the two, Tizen will select only the best qualities of the featurephone-friendly Bada for assimilation. Samsung's Tizen 2.0-based handsets arriving in 2013 will put the final nail in Bada's coffin, but out of respect for its fallen comrade, Tizen will obligingly run apps designed for the retired OS. Like some kind of mobile software Highlander, Tizen is now drawing power from several perished peers, and has even set its sights on the mighty Android. There can be only one.

Filed under: Cellphones, Software, Mobile, Samsung

Comments

Via: The Verge

Source: Yonhap

Source: http://www.engadget.com/2013/02/25/bada-integrated-into-tizen/

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African leaders sign deal aimed at peace in eastern Congo

ADDIS ABABA (Reuters) - African leaders signed a U.N.-mediated deal on Sunday aimed at ending two decades of conflict in the east of the Democratic Republic of Congo and paving the way for the deployment of a new military brigade to take on rebel groups.

Congo's army is fighting the M23 rebels, who have hived off a fiefdom in North Kivu province in a conflict that has dragged Congo's eastern region back into war and displaced more than half a million people.

U.N. Secretary-General Ban Ki-moon, who witnessed the signing in the Ethiopian capital Addis Ababa, said he hoped the accord would bring "an era of peace and stability" for Congo and Africa's Great Lakes, and added that he would soon name a special envoy for the region.

The Great Lakes area, where colonial era borders cut through ethnic groups, has in the last 20 years been a crucible of conflict that has launched multiple uprisings and invasions.

"It is only the beginning of a comprehensive approach that will require sustained engagement," Ban said of the accord, which did not include any representatives of rebel groups.

The agreement was signed by leaders and envoys of 11 African countries, including Rwanda and Uganda, which have been accused by U.N. experts of stoking the rebellion. They deny the accusation.

Speaking after the signing, Ugandan Vice President Edward Ssekandi said the deal could speed up the deployment of a new, U.N.-flagged intervention force to take on the rebels.

"We should be able to fast-track the ongoing consultation so that the force, with a robust mandate and capability, is put in place," he said.

African leaders failed to sign the deal last month after a disagreement over who would command the force.

The U.N. Security Council welcomed the signing of the deal on Sunday and called on Ban to keep the 15-member body informed of its implementation and any breaches of the commitments.

"The members of the Security Council remain deeply concerned by the worsening security and humanitarian situation in the eastern part of the Democratic Republic of Congo," the council said in a statement.

A fresh rebellion launched in May 2012 by the M23 group has brought more fighting and displacement to eastern Congo. In November the rebels seized the provincial capital Goma, but left the city to open the way for peace talks, which are being held in neighboring Uganda.

REBEL DEMANDS

Those separate talks between Congo's government and the rebels are aimed at reaching an agreement on a range of economic, political and security issues, including amnesty for "war and insurgency acts", the release of political prisoners and reparation of damages due to the war.

But the rebels have broadened their goals to include the removal of Congolese President Joseph Kabila and "liberation" of the entire Congo.

Bertrand Bisimwa, M23's spokesman said he had not read the full details of the Addis Ababa deal, but hoped it would not reignite fighting between them and government troops.

"What I can say is that if they are choosing the way of peace we are fine with that, but if they are choosing to continue the war then we're against," he told Reuters.

Uganda's Ssekandi said the talks in Kampala were now focused on security and that their discussions were so far positive.

Kabila said the talks with rebels would continue, but there was little time left before a March 15 deadline to complete them.

"What we have done in Addis is just a diplomatic measure. The discussions in Kampala will continue but we need to pay attention to the fact that we do not have a lot of time," Kabila told a news conference after signing the deal.

ADDIS DEAL NOT THE END

Successive cross-border conflicts have killed and uprooted millions in the Congo basin since the colonial era, driven by political and ethnic divisions and competition for vast mineral resources like gold, tin, tungsten and coltan - a precious metal used to make mobile phones.

Rwanda's President Paul Kagame said Sunday's deal should not be taken as an end in itself, but as part of continuing peace process.

"At the heart of our efforts, we have to keep in mind the rights, interests and aspirations of the afflicted populations, caught up in the recurring waves of violence," he said.

The U.S. ambassador to the United Nations, Susan Rice, welcomed the agreement and called on the Congo government to build on the deal to restore authority in the east.

In an apparent reference to the role of Rwanda and Uganda, Rice said in a statement: "It is equally imperative that the DRC's neighbors respect its sovereignty and territorial integrity by preventing external support to armed groups, which is a violation of international obligations."

Theodore Trefon, a regional analyst and author of the book "Congo Masquerade", said he believed the Addis agreement and the stalled peace talks in Kampala had failed to look for long-term solutions or tackle underlying grievances which had stoked violence in the region.

"You're not going to be able to impose peace from above or the outside on people who don't want peace. Lots of local actors have hidden agendas," he told Reuters from Brussels.

(Additional reporting by Jonny Hogg in Kinshasa; Editing by George Obulutsa, Rosalind Russell and Jackie Frank)

Source: http://news.yahoo.com/african-leaders-sign-deal-aimed-peace-eastern-congo-012127929.html

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Wolf-dog mothers a kitten (video) (Americablog)

Share With Friends: | | Politics - Top Stories News, News Feeds and News via Feedzilla.

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2/22 WPSD Sports Podcast: 'The Sideline Show'

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Source: http://www.wpsdlocal6.com/news/local/222-WPSD-Sports-Podcast-The-Sideline-Show-192619141.html

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Got Me A Baller: Keri Hilson On Vacay With NBA Ballin? Boyfriend...

Got Me A Baller: Keri Hilson On Vacay With NBA Ballin? Boyfriend Serge Ibaka: R&B singer Keri Hilson hasn?t dropped any records in a minute? Maybe it?s cause she?s taking a break and getting her cuddle on with her Boo thang NBA baller Serge Ibaka. Serge plays for the Oklahoma City Thunder. We?re hearing that the couple didn?t attend any All-Star events, but instead traveled to Cabo San Lucas for a nice vacay.

From the looks of things the two woke up to a beautiful view of the ocean, sandy beaches and palm trees that set the mood. We heard rumors of a relationship between Ibaka and Hilson back in November.

Source: http://swagggirlicious.com/post/43851304058

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Lyoto Machida pulls out split-decision win over Dan Henderson at UFC 157

ANAHEIM, Calif. -- Lyoto Machida took a split decision over Dan Henderson in the co-main event at UFC 157 on Saturday. The judges saw it 29-28, 28-29, 29-28 for Machida.

Machida was elusive as usual in the first round, but Henderson was able to sneak in and land a few kicks and punches. At the end of the round, Machida took Henderson down with a leg trip and landed strikes.

The second round showed Machida still being elusive and keeping his distance from Henderson. Machida tried for a front kick several times, but couldn't land it. Meanwhile, Henderson couldn't land much.

[Also: Ronda Rousey survives UFC debut, wins via first-round arm bar]

Henderson is known for his big, overhand punches. Most of the time, when he throws it, it can mean the end of a fight. However, he had trouble getting close enough to Machida for the overhand to work.

In the third round, Machida moved in for a takedown but ended up with Henderson on top. Henderson used elbows from the top, but Machida was able to get out with less than two minutes left in the fight.

Before the fight, UFC president Dana White said that the winner of this bout will get the next title shot. UFC light heavyweight champion Jon Jones will put the title up against Chael Sonnen in April, but the next fight will likely go to Machida.

[Also: Josh Koscheck suffers upset loss]

Machida was once the UFC light heavyweight champion, but lost the title to Rua in 2010. Since then, he has wins over Randy Couture and Ryan Bader, but losses to current champion Jon Jones and Quinton Jackson. It will be his third chance at the light heavyweight title. He won it with a knockout of Rashad Evans in 2009, but lost to Jones in 2011.

Henderson had a long layoff between fights. His last bout was one of the best in MMA history. In November of 2011, Henderson defeated Mauricio Rua in a five-round decision. Since then, Henderson had a fight lined up with Jones in September, but had to pull out at the last minute because of a knee injury. His record falls to 29-9. He's 42 years old, and against Machida, looked slow and old for the first time in his career.

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Source: http://sports.yahoo.com/blogs/mma-cagewriter/lyoto-machida-pulls-split-decision-win-over-dan-045605104--mma.html

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Yemen security chief escapes gunmen as three die in south

ADEN (Reuters) - A Yemeni security chief survived an assassination attempt on Saturday in the south of the country, where three people were killed in clashes between his forces and separatists.

The Defence Ministry said Abdulwahab al-Wali, head of the central security forces, escaped the attack by unknown gunmen in the town of Mukalla, but two of his bodyguards were wounded.

Southern Yemen, which was an independent state until 1990, is troubled by both separatist unrest and an insurgency led by Islamist militants linked to al Qaeda, a source of concern to Gulf states and the West.

Wali survived a previous assassination attempt last year, one of a string of attacks on military, political and militia leaders and officials. Many have been blamed on the Islamists, but the authorities did not say whether any group was suspected of Saturday's shooting.

In other developments, medical and security sources said three people were killed and 14 wounded in clashes between Yemeni security forces and separatists in the south.

Separatist leaders had called for a day of civil disobedience in major southern towns and cities after the deaths of six people in protests on Thursday.

The resurgent movement for a south Yemen state has aggravated political instability in the Arabian Peninsula country, where Washington fears political chaos is giving al Qaeda space to operate.

Shops, bakeries and schools were closed in many southern cities and transport was paralyzed after roads were blocked with stones and burning tyres, witnesses said. Many government employees did not turn up for work.

PARTY HQ ON FIRE

In Aden, capital of the former South Yemen, one person was killed and nine were wounded in clashes on Saturday, medical sources said. Witnesses said armored vehicles patrolled the streets.

One person was killed in Mukalla and another in Ghayl ba Wazir district in eastern Yemen, while five were wounded, the sources said. The Islah party, one of the most powerful in Yemen, said separatists had set fire to its headquarters in Mukalla.

North and south Yemen were unified in 1990 after the Communist-led southern government collapsed. Northern forces won a brief civil war four years later after the south tried to secede from the union.

The secessionist movement gained strength during mass, nationwide street protests against former president Ali Abdullah Saleh in 2011, which forced the veteran strongman from office a year ago.

Southern Yemenis complain of discrimination by the government in the north. Yemen, which borders the world's top oil exporter, Saudi Arabia, is also facing a northern rebellion by Shi'ite Muslims.

(Reporting by Mohammed Mukhashaf; Writing by Angus McDowall; Editing by Mark Trevelyan)

Source: http://news.yahoo.com/ten-wounded-clashes-between-yemen-government-separatists-091353940.html

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Source: http://finefools.tumblr.com/post/43842855403

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MLB at Bat 13, Timbre, and More

Apps are supposed to make your life easier, though they don't always live up to that. However, here are five that actually will, whether you're organizing your schedule, following baseball, or trying to find new music. More »

Source: http://feeds.gawker.com/~r/gizmodo/full/~3/Wxhq9orC6lQ/mlb-at-bat-13-timbre-and-more

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El Chapo Guzman: Dead ? or Not!

Source: http://www.thehollywoodgossip.com/2013/02/el-chapo-guzman-dead-dot-dot-dot-or-not/

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Pork burgers with apple and prune relish

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Source: http://www.taste.com.au/recipes/32403/pork+burgers+with+apple+and+prune+relish

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Chinese hackers are run by PLA, report finds

Chinese cyber-hackers targeting companies and governments around the world are working out of a Peoples Liberation Army base and are likely to be taking their orders from army officers, a report into cyber-hacking has found.

The report by Mandiant, a US computer security firm, provides the notoriously elusive ?smoking gun? linking China?s military to the onslaught of international cyber attacks.

The company tracked members of the most sophisticated Chinese hacking group, known as the Comment Crew or the Shanghai Group, to a 12 storey office block in Shanghai. The building, set in a run down suburb set amongst massage parlours,

Source: http://www.thetimes.co.uk/tto/news/world/asia/article3692590.ece

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