How Obama can end Congo conflict












Conflict in Congo


Conflict in Congo


Conflict in Congo


Conflict in Congo


Conflict in Congo








STORY HIGHLIGHTS


  • President Obama can help end the Congo conflict for good, says Vava Tampa

  • Obama has asked Rwanda to end all support to armed groups in the Congo

  • FDLR militia gang is a threat to stability and must leave Congo

  • Obama must push for change in Congolese government, argues Tampa




Editor's note: Vava Tampa is the founder of Save the Congo, a London-based campaign to tackle "the impunity, insecurity, institutional failure and the international trade of minerals funding the wars in Democratic Republic of the Congo." Follow Vava Tampa on twitter: @VavaTampa


(CNN) -- Now that President Obama has taken a public stand on the warlords and militia gangs tyrannizing DR Congo, there is a sense that the next chapter in the human tragedy that has been raging there over the past decade and half is about to be written -- or so we can hope.


In the DRC -- Africa's largest sub-Saharan country -- invasions, proxy wars and humanitarian crises have senselessly shut down millions of lives, displaced millions more from their homes and left countless women and young girls brutally raped with the world barely raising an eyebrow.


The latest murderous attempt by the M23 militia gang to besiege Goma, the strategic regional capital of Congo's eastern province of North Kivu, seems to have backfired.



Vava Tampa

Vava Tampa



The United Nations says Rwanda has helped to create and militarily supported M23. Although Rwandan President Paul Kagame denies backing M23, the accusation has taken off some of the international gloss he had long enjoyed in the West, and precipitated cuts and suspension of aid money that goes directly to the Kagame regime by the Netherlands, Sweden, Germany, Britain and the European Union.


The United States, which gives no money directly to the Rwandan government, suspended its military aid. In a baffling expression of a refinement of the U.S. position, President Obama made a rare telephone call to Kagame to emphasize "the importance of permanently ending all support to armed groups in the DRC." That set a firm red line on the situation in that region, the first one by President Obama since becoming president in 2008.
















Watch video: Kagame on Congo


This was certainly right and good. Kagame is no fool; the diplomatic but emphatic content of that telephone call, monitored by White House's National Security staff and published thereafter for public consumption, speaks volumes. He clearly understood the implicit threat. But it was not good enough.


Left unsaid is that withholding aid money that goes directly to the Kagame regime has not changed many realities on the ground -- a painful reminder of the limits of what previous half-hearted, ambivalent international attempts to halt the crisis in that country had achieved.


However, the situation is not hopeless. President Obama can help to halt the wars engulfing the Congo. It is both economically and politically affordable.


Here is my suggestion -- a three-point road map, if you like, for President Obama, should he choose to put the weight of the United States squarely on the side of the Congolese and engage much more robustly to help end the world's bloodiest war and human tragedy.


Read more: Why the world is ignoring Congo war


1. Changes in Kinshasa


If we are to be blunt with ourselves, Congo's major problem today -- the chief reason that country remains on its knees -- is its president Joseph Kabila. Paul Kagame is just a symptom, at least in theory.


The crisis of leadership in the capital Kinshasa, the disastrous blend of lack of political legitimacy and moral authority, mixed with poor governance and vision deficiency, then compounded with dilapidated state institutions, has become the common denominator to the ills and wrongs that continues to overwhelm the Congo.


In other words, peace will never be secured in Congo, if the moribund status quo is still strutting around Kinshasa.


Obama's minimum objective in regard to ending the wars and human tragedy engulfing the Congo should be to push for changes in Kinshasa. He must make this one of the "10 Commandments" of the Obama Doctrine.


Circumstances demand it to re-energize Congo's chance of success and to enable the renaissance of a "New Africa." And given the effects of Congo's mounting death toll and the speed at which HIV/AIDS is spreading because of the use of rape as a weapon of war, the sooner the better.


2. Keep Kagame in the naughty corner


The wars and human tragedy engulfing the Congo have many fathers and many layers. Rwanda, and to some extent Uganda -- run by Africa's two dearest autocratic but staunchly pro-American regimes -- are, as they have been many times in the past, despite their denials, continuing to provide support to warlords and militia gangs terrorizing the Congolese people.


This is not an apocryphal claim, it's an open secret in Kinshasa, Kampala and Kigali as much as it is in Washington or White Hall, and as real as Charles Taylor's role in Sierra Leone or Iran's support to Hezbollah.



If President Obama is remotely serious about saving lives in Congo, then fracturing Rwanda's ability to directly or indirectly harbor warlords ... is critical.
Vava Tampa, Save the Congo



Indeed, reporters across Congo and across the region would testify to this. Kigali has been, one can safely argue, the sole shareholder in the M23 militia gang -- and its elder sisters CNDP and RCD-Goma.


It cannot wash its hands in Pontius Pilate fashion of either the ICC-wanted M23 warlord Bosco Ntaganda, also known as The Terminator, or Laurent Nkunda, who is wanted by the Congolese government for war crimes and is under house arrest in Kigali.


Read more: Prosecutor seeks new Congo war crimes warrants


If President Obama is remotely serious about saving lives in Congo, then fracturing Rwanda's ability to directly or indirectly harbor warlords, support militia gangs, militarize or ethnicize the wars in Congo for control of Congo's easily appropriable but highly valuable natural resources is critical, however politically disgruntling it may be to some in the State Department.


It would reduce the scale, scope and intensity of the killing, raping and uprooting of the Congolese, it would crush Kinshasa's ability to use external support to warlords and militia gangs as an alibi for a lack of progress and, above all, decrease the growing unease of the Congolese towards Rwanda over the crimes of FDLR and the role played by their government in Congo.


3. FDLR


The continued existence in Congo of FDLR, a Rwandan militia gang made up largely of Hutus -- whose leadership took part in the 1994 genocide of Tutsi -- remains one of the most persistent and serious threats to stability in Congo and the region.


Addressing this crisis is of significant importance from both a political and humanitarian viewpoint.


Though there are no definitive statistics on the exact numbers of FDLR fighters, the good news is that experts tell us that the vast majority of its rank and file are in their 20s and early 30s, which means they were too young to have taken part in the genocide in 1994.


The United States, together with the U.N., the EU and African Union, should appoint a special envoy for the African Great Lakes region to midwife a conducive political arrangement in Kigali that could see them returning home -- and see their leaders and fundraisers in Europe arrested.


The opinions expressed in this commentary are solely those of Vava Tampa.






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Charlie Sheen revisits alter-ego in movie “Mind of Charles Swan”






LOS ANGELES (Reuters) – It’s a downward spiral for Charlie, a successful professional whose life slides into despair when his girlfriend breaks up with him.


This Charlie could be Charlie Sheen, but it’s actually the fictional Charles Swan, a charming, immature character played by Hollywood’s favorite bad boy actor and filmed only a few months after Sheen‘s off-screen antics got him fired in 2011 from TV comedy “Two and a Half Men.”






Sheen stars in “A Glimpse Inside the Mind of Charles Swan III,” opening in U.S. movie theaters on Friday. The film is directed and written by Roman Coppola, son of “The Godfather” director Francis Ford Coppola.


Coppola, 47, who is Oscar-nominated for his work on the screenplay of “Moonrise Kingdom,” talked with Reuters about working with Sheen on the “playful romp” about lost love and revenge fantasies set in a stylized Los Angeles.


Q: Did you write the film specifically for Charlie Sheen to star in?


A: “I didn’t write it for him in mind. I was excited to write a piece about a very outlandish lead character, someone charming, immature, struggling and full of imagination. As I was finishing it, I kind of realized Charlie Sheen would be perfect. Both are larger than life. They use their wit and charm to smooth over problems in their life to not deal with things. But it’s a coincidence that it’s the same first name.”


Q: Both of you are part of Hollywood dynasties. Your father is Francis Ford Coppola and his dad is Martin Sheen. When did you and Charlie first meet?


A: “We met as boys when we were around 11 years old on the set of (the 1979 film) ‘Apocalypse Now’ (which Francis Ford Coppola directed and Martin Sheen starred in). Our families were in the Philippines (for the shoot) for many months so Charlie and I became pals. We have a lot of fond memories hanging out together in that exotic location.”


Q: What type of memories?


A: “I remember being with him when they built the (fictional) Kurtz Compound. Charlie and I would cruise around (the set) and there would be all sorts of skulls and weapons and things that are interesting to 11-year old boys. I was also interested in theatrical makeup, so I introduced Charlie to the hobby of making scars.”


Q: Did you get any pushback from family, friends or financiers when you decided to cast Sheen in “Charles Swan“?


A: “Basically there was no film company willing to finance the movie with Charlie. Insurance companies didn’t want my business, nor did any bond company. There was very little support in the film community to finance that picture. So I had to be very crafty about getting the financing.”


Q: Were you surprised at that?


A: “I was surprised to some degree because I had other talent attached to it like Jason Schwartzman and Bill Murray. You’d think that would tip people’s curiosity. When people say ‘No’ or ‘Why would you want to cast Charlie Sheen?’ it makes me feel like everyone else is crazy.”


Q: But it’s Charlie who conjures up the images of crazy – public battles with “Two and Half Men” creator Chuck Lorre and his ex-wives, Denise Richards and Brook Mueller. He is the one who was in rehab for drugs, who damaged hotel rooms, lived with porn stars, and called himself a warlock with “tiger blood” and “Adonis DNA.”


A: “But that’s very comic book, that’s not a real person. That’s a portrayal that comes from wanting to make stories. He’s an individual. He’s obviously a talented guy and talent doesn’t go away. Ten years ago we’d be having this exact same conversation about Robert Downey Jr. and how crazy and irresponsible he is. Now we know he’s at the top of his game. So to me it’s kind of immature to cotton to that kind of stuff. It’s gossipy and phony.”


Q: So none of that was prevalent during the shooting of your film?


A: “Charlie was totally committed throughout the entire shooting. He showed up every day, he knew his lines, he learned Spanish and he learned to dance. I had a professional, fantastic experience with a highly skilled and dedicated performer.”


Q: How would you describe Charlie’s acting?


A: “He’s very intuitive. On a technical level, he’s very experienced and capable. He knows where to stand, where the light is. Then there is the magical aspect of acting where you’re able to create a see-through veil in which your feelings come out and they’re captured by the camera.


“No one knows how it works. Some people can do it and Charlie certainly has it. So despite all the chitter chatter of Charlie this and breakdown that, he’s a fine actor and he shines in this performance.”


(Reporting By Zorianna Kit, editing by Jill Serjeant and Doina Chiacu)


Movies News Headlines – Yahoo! News





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Stocks end higher for sixth straight week, tech leads

NEW YORK (Reuters) - The Nasdaq composite stock index closed at a 12-year high and the S&P 500 index at a five-year high, boosted by gains in technology shares and stronger overseas trade figures.


The S&P 500 also posted a sixth straight week of gains for the first time since August.


The technology sector led the day's gains, with the S&P 500 technology index <.splrct> up 1.0 percent. Gains in professional network platform LinkedIn Corp and AOL Inc after they reported quarterly results helped the sector.


Shares of LinkedIn jumped 21.3 percent to $150.48 after the social networking site announced strong quarterly profits and gave a bullish forecast for the year.


AOL Inc shares rose 7.4 percent to $33.72 after the online company reported higher quarterly profit, boosted by a 13 percent rise in advertising sales.


Data showed Chinese exports grew more than expected, a positive sign for the global economy. The U.S. trade deficit narrowed in December, suggesting the U.S. economy likely grew in the fourth quarter instead of contracting slightly as originally reported by the U.S. government.


"That may have sent a ray of optimism," said Fred Dickson, chief market strategist at D.A. Davidson & Co in Lake Oswego, Oregon.


Trading volume on Friday was below average for the week as a blizzard swept into the northeastern United States.


The U.S. stock market has posted strong gains since the start of the year, with the S&P 500 up 6.4 percent since December 31. The advance has slowed in recent days, with fourth-quarter earnings winding down and few incentives to continue the rally on the horizon.


"I think we're in the middle of a trading range and I'd put plus or minus 5.0 percent around it. Fundamental factors are best described as neutral," Dickson said.


The Dow Jones industrial average <.dji> ended up 48.92 points, or 0.35 percent, at 13,992.97. The Standard & Poor's 500 Index <.spx> was up 8.54 points, or 0.57 percent, at 1,517.93. The Nasdaq Composite Index <.ixic> was up 28.74 points, or 0.91 percent, at 3,193.87, its highest closing level since November 2000.


For the week, the Dow was down 0.1 percent, the S&P 500 was up 0.3 percent and the Nasdaq up 0.5 percent.


Shares of Dell closed at $13.63, up 0.7 percent, after briefly trading above a buyout offering price of $13.65 during the session.


Dell's largest independent shareholder, Southeastern Asset Management, said it plans to oppose the buyout of the personal computer maker, setting up a battle for founder Michael Dell.


Signs of economic strength overseas buoyed sentiment on Wall Street. Chinese exports grew more than expected in January, while imports climbed 28.8 percent, highlighting robust domestic demand. German data showed a 2012 surplus that was the nation's second highest in more than 60 years, an indication of the underlying strength of Europe's biggest economy.


Separately, U.S. economic data showed the trade deficit shrank in December to $38.5 billion, its narrowest in nearly three years, indicating the economy did much better in the fourth quarter than initially estimated.


Earnings have mostly come in stronger than expected since the start of the reporting period. Fourth-quarter earnings for S&P 500 companies now are estimated up 5.2 percent versus a year ago, according to Thomson Reuters data. That contrasts with a 1.9 percent growth forecast at the start of the earnings season.


Molina Healthcare Inc surged 10.4 percent to $31.88 as the biggest boost to the index after posting fourth-quarter earnings.


The CBOE Volatility index <.vix>, Wall Street's so-called fear gauge, was down 3.6 percent at 13.02. The gauge, a key measure of market expectations of short-term volatility, generally moves inversely to the S&P 500.


"I'm watching the 14 level closely" on the CBOE Volatility index, said Bryan Sapp, senior trading analyst at Schaeffer's Investment Research. "The break below it at the beginning of the year signaled the sharp rally in January, and a rally back above it could be a sign to exercise some caution."


Volume was roughly 5.6 billion shares traded on the New York Stock Exchange, the Nasdaq and the NYSE MKT, compared with the 2012 average daily closing volume of about 6.45 billion.


Advancers outpaced decliners on the NYSE by nearly 2 to 1 and on the Nasdaq by almost 5 to 3.


(Additional reporting by Angela Moon; Editing by Bernadette Baum, Nick Zieminski, Kenneth Barry and Andrew Hay)



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Canada rate hike views pushed back as economy struggles: Reuters poll






TORONTO (Reuters) – Half of Canada‘s primary dealers have recently pushed back forecasts for the timing of the central bank’s next interest rate hike, a Reuters poll showed on Friday after weak jobs and housing starts data suggested the economy will struggle in 2013.


The economic figures released on Friday were the latest in a string of dismal indicators. Earlier reports had prompted the Bank of Canada to say on January 23 that a rate hike would be further in the future than it had once thought.






The median forecast in Friday’s Reuters poll of Canada’s 12 primary dealers, the institutions that deal directly with the Bank of Canada as it carries out monetary policy, showed their median forecast for the next rate hike is still the first quarter of 2014, unchanged from a poll on January 23.


But the latest survey showed that since then six dealers have pushed their forecasts further into the future.


“We’re becoming increasingly concerned about how soft growth will be,” said Doug Porter, chief economist at BMO Capital Markets, which on Wednesday changed its target date for a rate hike to April 2014 from a month earlier.


Scotiabank went further, saying a rate hike won’t happen until 2015. It had previously expected a move in the first quarter of next year, but it said the deteriorating economy and expectations the U.S. Federal Reserve will not tighten its monetary policy until at least 2015 have changed its view.


RARE TIGHTENING BIAS


The Canadian central bank has been an outlier among its peers in major economies, signaling since last April that rates would need to rise. The bank was the first to hike following the global financial crisis.


But it has been forced to temper that attitude, saying after its January policy meeting that the economy will likely not hit full capacity until the second half of 2014. In October, the bank had said it expected to close the output gap by the end of 2013.


“In a sluggish global economy, we simply don’t have enough domestic demand to give us the growth necessary to justify a rate hike,” said CIBC World Market’s chief economist, Avery Shenfeld, who had penciled in the first quarter of 2014 as his target for a rate hike a year ago.


Dealers surveyed on Friday said the housing market was also a concern.


Dizzying household credit growth and a hot housing market last year prompted the federal government to impose tighter mortgage rules. But data, including unexpected soft housing starts figures on Friday, show that activity in the real estate sector is now dropping rapidly.


“Some of the domestic fatigue through the housing market as orchestrated by tighter mortgage regulation is beginning to bite,” said David Tulk, chief Canada macro strategist at TD Securities.


“The Bank (of Canada) is walking a very tight line between keeping one eye on household leverage and respecting an economic backdrop that remains subdued at best.”


TD, which had expected a hike as early as October of this year, now sees it coming next January. Bank of America-Merrill Lynch last week pushed out its forecast for a rate increase to the second half of 2014 from the fourth quarter of 2013.


Even the most bullish forecaster, Deutsche Bank Securities, nudged its rate hike expectations down to 1.25 percent by the end of 2013 from 1.50 percent, and said Friday’s data tempered its view on growth.


Most primary dealers expect the benchmark interest rate to remain at 1 percent at the end of this year. The median forecast saw interest rates rising to 1.75 percent by the end of 2014.


“Both the employment and the housing starts numbers – they were ugly. But not necessarily unexpected,” said Carlos Leitao, chief economist at Laurentian Bank. “By the same token, one shouldn’t over-dramatize it … I think we are now, in both cases, more back to reality.”


(Editing by Jeffrey Hodgson; and Peter Galloway)


Economy News Headlines – Yahoo! News





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ADP Dealer Services Continues to Gain Traction With Single Service Workflow Tool, ADP ServiceEdge(SM)






HOFFMAN ESTATES, IL–(Marketwire – Feb 9, 2013) – ADP Dealer Services ( NASDAQ : ADP ), a leading provider of computing solutions for vehicle dealers and manufacturers, today announced that ADP ServiceEdge has quickly gained popularity throughout the industry since its launch in July 2012, changing the way dealerships approach their Service Retail Workflow. With a single service workflow tool integrating multiple dealership departments, dealers are saving time, increasing productivity and keeping their customers satisfied.


“ADP ServiceEdge is such a smooth and efficient process, I can now look my customers in the eye rather than stare at a computer screen,” says Diane Barry, Service Manager of Flemington Subaru and new ADP ServiceEdge user. “ADP ServiceEdge has simplified the daily routine for our advisors, allowing them to spend more time with customers and technicians, so we can thoroughly address the customers’ concerns.”






ADP ServiceEdge empowers the customer to begin the service process anywhere — in the dealership, at home, or on a mobile device. It helps dealers focus on — and increase — “customer pay” service revenue, outside of standard warranty work. ADP ServiceEdge combines appointment setting, lane write-ups, and lift inspections as well as integrates with the ADP Drive Dealer Management System.


“Gone are the days of relying on one vendor for appointments, another for reception, and yet another for mobile walkarounds and technician inspections,” says Bob Karp, SVP of North American Field Operations and Sales for ADP Dealer Services. “Now, dealerships can use a single workflow, where each piece talks to each other. Appointments and repair orders can be created in less time, helping our clients be more productive.”


Dealer Services is gaining positive reception and traction, and has already sold ADP ServiceEdge into nearly 500 client sites in the U.S. since its launch.


About ADP


ADP, Inc. ( NASDAQ : ADP ), with more than $ 10 billion in revenues and approximately 600,000 clients, is one of the world’s largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers a wide range of human resource, payroll, tax and benefits administration solutions from a single source. ADP’s easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1.800.225.5237 or visit the company’s website at www.ADP.com.


Marketwire News Archive – Yahoo! Finance




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Northeast storm disrupts travel for sports teams


Several professional and college sports teams were forced to rearrange their travel plans as a massive storm swept through the Northeast, dumping a few feet of snow in some areas.


The NBA's New York Knicks were stuck in Minnesota after playing the Timberwolves on Friday night, hoping to try to fly home sometime Saturday. The San Antonio Spurs were also staying overnight in Detroit after seeing their 11-game winning streak fall to the Pistons, awaiting word on when they might be able to fly to New York for their game Sunday night at Brooklyn.


"We can't get there tonight — we know that," Spurs coach Gregg Popovich said. "So we're going to stay here tonight and try to get there (Saturday). Hopefully, we will be able to get there, but at this point, we don't know."


Airlines canceled more than 5,300 flights through Saturday, and New York City's three major airports and Boston's Logan Airport closed.


The Brooklyn Nets planned to take a train home instead of flying from Washington D.C. after losing to the Wizards on Friday night.


Knicks coach Mike Woodson said before a 100-94 victory that his team initially planned to fly home after the game, but the flight had already been postponed. New York is scheduled to play the Los Angeles Clippers at Madison Square Garden on Sunday.


The NHL's Boston Bruins pushed back the start of Saturday's game against the Tampa Bay Lightning by six hours because of the blizzard. The game originally slated for 1 p.m. was rescheduled for 7 p.m., but Boston was expected to be one of the cities hit hardest by the storm.


The storm had dumped more than 2 feet of snow on New England by early Saturday and knocked out power to 650,000 customers. The National Weather Service said up to 3 feet of snow is expected in Boston, threatening the city's 2003 record of 27.6 inches.


The Bruins and Lightning each already had road games scheduled for Sunday night.


The New Jersey Devils were still scheduled to host the Pittsburgh Penguins at 1 p.m., while the New York Islanders were slated to play at home against the Buffalo Sabres at 7 p.m.


Two Ivy League men's college basketball games that were scheduled for Saturday night were moved back to Sunday because of treacherous travel conditions.


Dartmouth will play at Cornell at noon on Sunday in Ithaca, N.Y., and Harvard will visit Columbia at 2 p.m. Sunday in New York. Dartmouth played at Columbia on Friday night, and Harvard played at Cornell. Two other Ivy League games were still scheduled to be played Saturday night, with Yale visiting Princeton and Brown playing at Pennsylvania.


Aqueduct also called off Saturday's card because of the storm. The track and Belmont Park were expected to remain open for wagering on out-of-town races, with racing scheduled to resume Sunday.


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Katie Holmes takes fashion line crosstown






NEW YORK (AP) — Katie Holmes and her business partner and stylist Jeanne Yang joined the New York Fashion Week frenzy last season with a show at Lincoln Center, only to leave it behind this time around.


It wasn’t all the people, or even the paparazzi, that drove them away. It was their own clothes. Their look, which they describe as one of careful artistry and potential heritage pieces that women will keep a lifetime, is a little too quiet for all the splash, they said.






“We wanted to tell the full story behind the frivolity,” said Yang, adding: “It’s a quiet approach.”


Holmes and Yang sat down at a hotel on the opposite side of Manhattan with a handful of fashion journalists on Thursday, the opening day of fashion week, to walk them personally through 15 looks Holmes called their favorites.


Katharine Hepburn‘s practical-yet-chic look of the 1940s, Donna Karan‘s use of the shoulders and back as erogenous zones, Halston’s glamorous sportswear and Chanel’s mastery of seaming and studs were all in their minds as they built the pieces and outfits.


“We’re not trying to be trendy … but we’re trying to make high-quality pieces you’ll wear over and over again,” Holmes said.


Holmes was wearing an A-line shirtdress in the blue-and-black plaid that was dominant in the collection, while Yang wore one of the slouchy blazers that has become a key piece for the label, founded in 2009.


For fall, they’ll offer a peplum top with a suede waist band and maxi skirt in the same plaid. Holmes suggested that outfit for a dinner out. Swap the shirt for a tank top for brunch and a blouse to go to the theater. Yang said she hoped a customer would “feel smart” in a white cashmere-silk boucle sweaterdress with a strip of white silk at the hem.


Holmes, meanwhile, was partial to the baggy suede caramel-colored pants that hit just above the ankle, worn with a bow-neck blouse in a deep shade of lipstick pink.


The duo made a point of noting that 70 percent of production of Holmes & Yang happens in New York and the other 30 percent in Los Angeles.


___


Follow Samantha Critchell on Twitter at http://twitter.com/AP_Fashion


Entertainment News Headlines – Yahoo! News





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Wall Street advances after stream of economic data

NEW YORK (Reuters) - Stock index rose on Friday after a batch of positive economic data points, but gains were checked with the benchmark S&P index at five-year highs as investors looked for strong catalysts to push the market further upward.


Data showed Chinese exports grew more than expected in January, while imports climbed 28.8 percent, highlighting robust domestic demand, while German data showed a 2012 surplus that was the nation's second highest in more than 60 years, an indication of the underlying strength of Europe's biggest economy.


Another positive sign was U.S. economic data which showed the trade deficit shrank in December to $38.5 billion, its narrowest in nearly three years, indicating the economy did much better in the fourth quarter than initially estimated.


But wholesale inventories unexpectedly fell 0.1 percent in December as auto dealers and agricultural suppliers drew down their stocks.


The S&P 500 <.spx> has risen for five straight weeks and is up 6.3 percent for the year. Its advance was helped by legislators in Washington averting a series of automatic spending cuts and tax hikes earlier in the year, as well as better-than-expected corporate earnings and data that pointed to modest economic improvement but no immediate change in the Federal Reserve's stimulus plans.


The index, hovering near five-year highs, has found it tougher to climb in recent days as investors await strong trading incentives to drive it further upward.


"We are going to have this churn and this consolidation, which actually isn't a bad thing - it's actually good the market isn't being so volatile and is actually consolidating because it is building a base," said Ken Polcari, Director of the NYSE floor division at O'Neil Securities in New York.


"If it builds a base, from there it is easier to make the argument that you move ahead."


The Dow Jones industrial average <.dji> gained 67.62 points, or 0.48 percent, to 14,011.67. The Standard & Poor's 500 Index <.spx> climbed 7.82 points, or 0.52 percent, to 1,517.21. The Nasdaq Composite Index <.ixic> rose 27.34 points, or 0.86 percent, to 3,192.47.


McDonald's Corp said January sales at established hamburger restaurants around the world fell 1.9 percent, a steeper decline than analysts expected. Still, shares edged up 0.5 percent to $94.11.


Healthcare stocks were among the best performers, with the Morgan Stanley healthcare payor index <.hmo> up 2.3 percent. Molina Healthcare Inc surged 12.1 percent to $32.36 as the biggest boost to the index after posting fourth-quarter earnings.


LinkedIn Corp jumped 19.3 percent to $148.02 after announcing blow-out quarterly profits and a bullish forecast for the year that exceeded Wall Street's already lofty expectations.


According to Thomson Reuters data through Friday morning, of 339 companies in the S&P 500 that have reported earnings, 69.9 percent have exceeded analysts' expectations, above a 62 percent average since 1994 and 65 percent over the past four quarters.


Fourth-quarter earnings for S&P 500 companies grew 5.2 percent, according to the data, above a 1.9 percent forecast at the start of the earnings season.


(Editing by Bernadette Baum)



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US trade deficit points to growth







The US’s trade gap with the rest of the world fell to its lowest level in nearly three years in December.






Figures show the trade deficit shrank to $ 38.5bn.


Record petroleum exports helped to push total exports to $ 186.4bn, up $ 3.9bn from November. Imports fell $ 6.2bn to $ 224.9bn as less overseas crude oil was bought.


The data suggests that the US economy was stronger in the fourth quarter than initially estimated.


The 0.1% annualised contraction in gross domestic product (GDP) in the quarter was calculated before these figures were available and were based on projections of a widening trade gap.


Chris Williamson, chief economist at financial information firm Markit, says the latest release shows that “the economy did not fare as badly as the initial GDP estimate suggested in the fourth quarter”.


“The data also add to an increasingly bright picture of the global economy at the turn of the year,” he added.


For the whole of 2012, the crude oil imports fell to the lowest level since 1997.


However, during 2012 the country’s trade gap with China increased – a fact which rankles with American manufacturers who believe the Chinese benefit from an unfairly weak currency.


“Congress and the administration must take on currency manipulation” said Scott Paul, president of the Alliance for American Manufacturing.


BBC News – Business





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Americans Are Tapping into Home Equity Again






Nearly 11 million borrowers are underwater on their mortgages, owing more than their homes are worth, according to CoreLogic, and yet home equity lines of credit are suddenly on the rise again.


During the housing boom of the last decade Americans withdrew over $ 1 trillion in home equity. They did it through cash-out refinances, home equity loans, and home equity lines of credit. The latter allowed them to use their homes like an ATM. They spent the money on cars, televisions, vacations and fancy home upgrades. It was seemingly endless equity, until suddenly that equity was gone.






“Home prices are definitely a factor” in the recent rise home equity lines of credit, said Brad Blackwell, an executive with Wells Fargo (WFC) Home Mortgage. “As they increase, people have more available equity.”


(Read More: New Housing Fears: Home Prices Are Rising Too.)


Blackwell also pointed to increased consumer confidence, meaning borrowers now feel better about their ability to repay these loans. Both factors fueled a 19 percent jump in originations of home equity lines of credit at the end of last year, according to Equifax. In 2008, as housing was crashing, home equity line originations dropped 55 percent.


“Nationally we’ve seen a 31 percent increase in HELOC’s year-over-year,” said a spokesperson from JPMorgan Chase (JPM).


With home prices up 8 percent year-over-year in December, according to the latest reading from CoreLogic, homeowners are regaining home equity at a fast clip-1.4 million borrowers rose above water on their mortgages through the end of September. That number likely increased as price appreciation accelerated toward the end of the year.


Does this mean a return to the reckless equity withdrawals of the housing bubble? Likely not.


“I would guess that most of the current home equity line borrowing is quite prudent. We know that it is being very conservatively underwritten with plenty of equity,” said Guy Cecala, editor of Inside Mortgage Finance.


(Read More: Housing Already Shows Signs of a New Bubble.)


While it is too early to say exactly what borrowers are spending this new cash on, anecdotal evidence shows borrowers are largely sinking the money back into their homes.


“We are seeing more responsible uses today, like home improvements, education expenses or other major expenses that would be a more responsible use of a customer’s home equity,” Blackwell said.


The average home equity line in October of 2012 was just below $ 90,000 compared to October 2006, when lines averaged just over $ 100,000, according to Equifax.


Despite the recent surge, volume is still down dramatically from the height of the housing boom. Borrowers in 2012 took out a collective $ 7.2 billion in home equity lines through last October, compared to just over $ 28 billion in 2006.


(Read More: Why Home Builders Won’t Drop New Home Prices,)


The numbers are expected to go up in 2013, not just because home prices are rising, but because interest rates are rising. With higher rates, borrowers will not want to give up their rock-bottom fixed rates to do cash-out refinances; rather, they will turn to home equity lines instead. While these lines usually carry variable rates, banks are now offering new products with fixed rates. Wells Fargo recently promoted a line of credit where a portion of the loan is fixed for up to three years.


“We clearly want to lend, and we want to lend to the types of needs that our customers have,” Blackwell added.


-By CNBC’s Diana Olick; Follow her on Twitter @Diana_Olick or on Facebook at facebook.com/DianaOlickCNBC


Questions? Comments? [email protected]


More From CNBC


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Yahoo! Finance – Personal Finance | Loans





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Illini buzzer-beater upsets No. 1 Hoosiers, 74-72


CHAMPAIGN, Ill. (AP) — At this rate, no one will want to be No. 1.


Indiana became the fifth straight top-ranked men's college basketball team to lose, falling to unranked Illinois 74-72 on a buzzer-beater by Tyler Griffey on Thursday night.


The senior forward took an inbounds pass with 0.9 seconds to play and made a wide-open layup. And, just like that, the Hoosiers — who moved into the top spot by beating then-No. 1 Michigan just a few days ago — went down.


Indiana coach Tom Crean, whose team has been No. 1 for a total of seven weeks this season after opening there, doesn't know why the top spot is suddenly so hard to hang on to.


"I can't answer that. I'm not sure," Crean said. "I just know that these games are 40-minute games. We played at a high level for most of the game."


The Hoosiers (20-3, 8-2 Big Ten) were in charge until the final 3 1/2 minutes when the Illini (16-8, 3-7 Big Ten) finally put together a run to take and then retake the lead.


"I know this: When we turn the ball over, we're not very good," Crean said. "And the biggest difference tonight was 28 points off turnovers to our 16."


Hoosiers guard Jordan Hulls said flatly that the top rank had nothing to do with Thursday's loss, even for a team that some worried might be looking past unranked, slumping Illinois to a meeting Sunday with No. 10 Ohio State.


"We just didn't execute when we needed to," he said.


If Indiana falls from No. 1 on Monday, No. 2 Florida might not be a candidate to replace the Hoosiers after the Gators' loss this week to Arkansas. That could put No. 3 Michigan back on top if they can make it to Monday without a loss.


For the Hoosiers, nothing could have been worse than the way Thursday's game ended.


With 0.9 seconds, Griffey left defenders Cody Zeller and Christian Watford behind on an inbounds play from the baseline, took the pass from Brandon Paul and delivered the uncontested buzzer-beater.


The shot sent hundreds of students onto the court, though they waited as officials checked the replay to make sure the clock hadn't beaten Griffey. Once the basket was upheld, Paul and fellow guard D.J. Richardson hugged and teared up in relief.


Illinois had endured an awful run since starting 12-0. The Illini had since lost eight of 11 and fallen to 10th in the 12-team Big Ten.


Griffey, who had struggled as bad as any Illini player, seemed surprised at how easily the winning shot came.


"I just made a simple curl cut and left two guys behind me, and Brandon got off a heck of a pass," he said. "Zeller and Watford were both right in front of me and just kind of stayed there."


Crean said the play was a lot like the other breakdowns in the Hoosiers' game that let Illinois climb back from a 12-point halftime deficit.


"We didn't communicate," he said.


Indiana's loss drops them into a three-way tie for first in the Big Ten with Michigan and Michigan State. The win moves the Illini up into a ninth-place tie with Iowa but, more importantly, provides a potential lifeline ahead of a meeting Sunday at No. 18 Minnesota.


"It was good to get back to having that toughness and togetherness and trust that we needed," Illinois coach John Groce said.


Illinois also added a plank to what may be one of the oddest resumes of any team in the country trying to make the NCAA tournament. Illinois has lost to Purdue, Northwestern and twice to Wisconsin. But coming into Thursday night, the Illini had already beaten three teams now in the top 15: No. 6 Gonzaga, No. 10 Ohio State and No. 14 Butler.


Before Thursday, Illinois hadn't beaten a No. 1 team since a win over Wake Forest in 2004.


Richardson had 23 points for Illinois, Paul had 21 and Griffey finished with 14 points and eight rebounds.


Zeller led Indiana with 14 points, while Will Sheehey had 13, Watford 12 and Hulls 11.


Indiana shot 50 percent from the field (25 of 50), 52.9 percent from 3-point range (9 of 17) and 93 percent from the free throw line (13 of 14). The Hoosiers led by an eight- to 10-point margin for most of the second half.


When 6-foot-11 Nnanna Egwu fouled out with just under 5 minutes to play, Indiana appeared in control. Watford made both free throws and, at 69-59, the Illini looked done.


But Richardson went on a one-man run, first burying back-to-back 3-pointers and then hitting a midrange jumper on the run to tie it at 70 with 1:17 to play.


With the clock under 30 seconds and the game tied at 72, Indiana had the ball for what would have been a last shot but Victor Oladipo coughed up the ball. Richardson picked it up and tried a breakaway layup that Oladipo just swatted out of bounds to set up the final play.


Groce credited Richardson for providing a spark.


"I thought he was absolutely terrific on both ends of the floor," Groce said. "He battled, he fought."


Griffey was benched several weeks ago after a blowout loss at Wisconsin. On a team that had lost its shooting touch, the senior forward had especially struggled. And, though one of Illinois' bigger players at 6-9, he wasn't adding much to the inside presence the Illini desperately needed.


Groce said that, even after he benched Griffey, he never gave up on him.


"I just have told him numerous times here I believe in him," the first-year Illinois coach said. "I do."


Read More..

Bring drones out of the shadows?






STORY HIGHLIGHTS


  • John Brennan's confirmation hearing is a chance to ask about drone program, author says

  • Sarah Holewinski: Brennan is one of a few officials who knows full story on drones

  • She says senators need to ask about damage drone program does to civilians, U.S. reputation

  • Holewinski: CIA should hand over drone program to Defense Department




Editor's note: Sarah Holewinski is executive director of the Center for Civilians in Conflict, which advocates protections for civilians affected by armed conflict. She was a member of the White House AIDS policy team in President Bill Clinton's second term.


(CNN) -- The president's pick for CIA director -- John Brennan -- is one of a handful of U.S. officials who understands America's covert drone campaign inside and out.


Nearly everyone else is in the dark about the whos, wheres and whys of the program, including most members of Congress. But Brennan is also one of the few U.S. officials who's stood in front of a public audience and tried to explain the targeting of terrorists outside recognized battlefields. And while overseeing a massive use of lethal force, Brennan is also known inside the administration as a moderating voice in the fight against terrorism.



Sarah Holewinski

Sarah Holewinski



The fact is, Brennan's personal views are as opaque as the drone campaign itself. He may assume leadership of the CIA and decide a clandestine agency should not conduct what is an obvious military operation (a stance I and many others would fully support); after all, a veteran of the CIA may believe the agency should get back to gritty intelligence gathering.


Or, maybe Brennan believes that when it comes to the fight against al Qaeda, the public and its Congress should trust the executive office to protect the American people by whatever means it sees fit.


One way or the other, this week's Senate confirmation hearings should be an opportunity to bring Brennan's views out of the shadows, along with the basic attributes and justifications of the covert drone campaign. The man, the machine and the policy are inextricably linked.


Bergen: John Brennan, America's drone warrior



U.S. officials have consistently claimed that offering too many details about the covert drone program could threaten national security. Fair enough; some classification for national security is understandable. But the secrecy surrounding covert drone use is unduly excessive and not in keeping with the transparent government President Barack Obama promised.


Since the bulk of Brennan's hearing will be behind closed doors, the Senate Select Committee on Intelligence has no reason to shy away from asking tough questions about the drone program. It matters that Congress is there to represent the American people. On their behalf, Congress has a duty to ensure the use of lethal force beyond our borders is being considered and carried out responsibly, with due consideration for the harm it may inflict on civilian populations.


Talk Back: Should U.S. be able to kill American terrorist suspects without trial?


Senators might ask a very basic question to Brennan, one that is seldom clearly answered by the administration: "What impact is the drone campaign against al Qaeda and its associates having?"




John Brennan, President Barack Obama's choice for CIA director, has been deeply involved in the U.S. drone program.



This is a fundamental question of accountability any U.S. official involved in setting or carrying out counterterrorism policy should be able to answer. That answer may describe a dwindling kill list, but it must also put forward facts about what impact drones are having on civilians living under them.


U.S. armed forces in Afghanistan and Iraq learned that the positive or negative impacts of an operation on the local population are an important metric of mission effectiveness. Commanders worked hard to reverse anti-American sentiment caused by a seemingly callous U.S. attitude toward civilian deaths and injuries. In the case of counterterrorism operations, palpable anger toward America would be antithetical to the goal of decreasing the number of terrorists and those who support their cause.


As it stands, it's unclear whether anyone, including Brennan, knows what negative consequences are emerging on the ground because of remote drones.


Rather, claims of low civilian casualties and drone precision capabilities paint a picture of extreme effectiveness in taking out terrorists while sparing civilians. It's true that a drone is precise, meaning it will hit what it is aimed at -- a building, a bunker or a person. But there are valid concerns about whether the target hit is the right one.


Opinion: When are drone killings illegal?


Remote drones likely rely on sources that may be questionable such as video and cell phone intercepts to identify a target. Civilians may be mistakenly targeted as combatants and counted as such because there are no ground troops to conduct a battle damage assessment, interview witnesses or properly identify bodies.


Civilians may also get caught up in so-called "signature strikes" in which operators target individuals based on behavior, not on known identity. This is legally questionable but also has real ramifications for civilians living under drones.



If a civilian in Pakistan doesn't know what behavior makes him a target for U.S. drones, he cannot fully protect himself and his family. If a drone harms his family, even mistakenly, our research shows they won't receive an apology, explanation or any help from the United States. Certainly there will be no love lost for America.


Any deaths and injuries are compounded by psychological trauma, displacement and fear and suspicion among neighbors. One Pakistani told us, "We fear that the drones will strike us again. ... My aged parents are often in a state of fear. We are depressed, anxious and constantly remembering our deceased family members."


Gen. Stanley McChrystal, the former commander of international forces in Afghanistan, recently noted, "What scares me about drone strikes is how they are perceived around the world. ... (T)he resentment created by American use of unmanned strikes ... is much greater than the average American appreciates. They are hated on a visceral level, even by people who've never seen one or seen the effects of one."


The drone program needs to come out of the shadows, with explanations about who is a civilian, who is a target, and how drone operators distinguish between the two.


The CIA should get out of the drone operation business, handing it over to the Defense Department, which has a culture of learning lessons, accountability to Congress and a new openness about civilian protection after 10 years of war in Afghanistan and Iraq.


Drone operators should be trained in civilian protection best practices, and any civilian harmed should receive recognition and help for their losses, in accordance with the values American policymakers have espoused about humanity even during times of war.


The Senate may confirm Brennan as head of the CIA. It should also confirm where he stands on government accountability for lethal force and the CIA's role in the remote drone program.


Follow us on Twitter @CNNOpinion.


Join us on Facebook/CNNOpinion.


The opinions expressed in this commentary are solely those of Sarah Holewinski.






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CBS Films Moves Up Robert De Niro-Michael Douglas Comedy ‘Last Vegas’






LOS ANGELES (TheWrap.com) – CBS Films on Wednesday has moved up the release date for “Last Vegas,” its comedy starring Michael Douglas and Robert De Niro, from December 20 to Nov 1.


The move positions the film – about four old friends who decide to throw a Las Vegas bachelor party for the only one of them who has remained single – as counter-programming to Summit’s young adult sci-fi film “Ender’s Game.”






Its original slot buried it in a busy date that included the Paramount comedy “Anchorman: The Legend Continues,” as well as two dramas, Sony’s “Monuments Men” and Disney’s “Saving Mr Banks,” and the Fox family adventure “Walking with Dinosaurs.”


Morgan Freeman, Kevin Kline and Mary Steenburgen co-star in “Last Vegas.” Directed by Jon Turteltaub (“National Treasure”), Dan Fogelman wrote the original screenplay. It’s being produced by Laurence Mark and Amy Baer. Good Universe’s Nathan Kahane and Nicole Brown will executive produce. Matt Leonetti will co-produce.


Executive vice president of production Maria Faillace and creative executive Alex Ginno are overseeing the project for CBS Films.


TV News Headlines – Yahoo! News





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Wall Street extends losses; Nasdaq off 1 percent


NEW YORK (Reuters) - U.S. stocks fell further on Thursday, with the Nasdaq falling 1 percent, as a sharp drop in the euro against the safe-haven dollar and yen curbed investors' appetite for risky assets.


The Dow Jones industrial average <.dji> was down 119.84 points, or 0.86 percent, at 13,866.68. The Standard & Poor's 500 Index <.spx> was down 12.31 points, or 0.81 percent, at 1,499.81. The Nasdaq Composite Index <.ixic> was down 30.76 points, or 0.97 percent, at 3,137.72.


(Reporting By Angela Moon; Editing by Kenneth Barry)



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Older women staying on the job to make up lost time






By Mark Miller


CHICAGO (Reuters) – Susan Damour flunked retirement. She tried it at age 64 in 2008 along with her husband, Tim, who was 68. That lasted a year.






Overseas travel, cooking and knitting baby sweaters for the grandchildren weren’t enough to satisfy her. Tim, a retired attorney, was happy, but she hated it.


“I’m an extrovert,” Damour says. “I draw my strength from being around people, and I crave being in a problem-solving environment. Retirement was like being put in a prison.”


Fortunately for her, the Obama administration approached her soon after the 2008 election, inviting her to rejoin the General Services Administration, which manages buildings and procurement for the government. She had served as regional administrator for the GSA’s six-state Rocky Mountain region during the Clinton years, and she returned to the same position near the end of 2009.


Now 69, Damour loves her job, which gets her out of her Denver office frequently and focuses this time around on spurring environmental initiatives in government buildings, something she cares deeply about.


Damour’s experience illustrates one of the most surprising recent U.S. economic trends: the increasing presence of women working well beyond traditional retirement age, into their late sixties, seventies and beyond. This will be the fastest-growing workforce segment in the next five years, according to the Department of Labor.


The number of working women over age 65 rose 147 percent from 1977 to 2007; those over 75 rose 172 percent, according to the department’s Bureau of Labor Statistics. Over the next five years, the number of older women in the workforce will grow at a rate faster than younger women and almost double that of older men, the bureau said.


Some growth can be attributed to economic travails, but many women say they are making up for lost time after raising children or being shut out of male-dominated jobs in their younger working days. Others can’t imagine turning their backs on hard-won career gains.


EARLY DISCRIMINATION, RENEWED FERVOR


Rising longevity and the aging baby boom partially explain the trend. Almost 75 percent of 55- to 64-year-olds will be working in 2018, compared with 65 percent in 2008, forecasts Northeastern University economist Barry Bluestone. Likewise, he thinks 30 percent of Americans age 65 to 74 will be working at that point, up from 25 percent in 2008.


Some researchers believe something else is at play. Elizabeth Fideler, a research fellow at the Sloan Center on Aging & Work at Boston College and the author of “Women Still at Work: Professionals Over Sixty and On the Job,” has studied the cohort, and she believes they are making up for slow career starts.


“Many of them faced sex discrimination,” she says. These women entered adulthood in the late 1950s and early 1960s, before the women’s movement began, when the career choices they faced were narrow and help-wanted ads were segregated by sex.


At that time, most working women were funneled into nursing, teaching, secretarial or social work. Eventually, many switched to other careers. These were hard-won gains.


“They’re damned if they’re going to give it up now,” says Fideler. “They’ve reached the peak of their careers and don’t want to stop, even if their husbands have retired.”


This was true for Damour, who graduated college in 1965 with limited career options.


“I remember telling my mother when I was a girl that I wanted to be a judge, and she told me I couldn’t do that, because girls aren’t lawyers.”


She married young, worked in a series of low-paying jobs, had a child and was divorced at age 30. But an active volunteer role in progressive political causes led her into a position in the 1974 Colorado gubernatorial campaign of Dick Lamm. That led indirectly to her first stint at the GSA.


These days, Damour works 40 to 50 hours a week.


“I don’t get tired, because I’m a high-energy person, and I love my work,” she says.


Does she envision retiring again – ever?


“I’m going to stay in this job as long as they’ll keep me, and then I’ll re-evaluate” she says.


BLOOMING LATE


Ann Kaganoff, 76, is another late bloomer. The Irvine, California, resident began her career as a grade-school teacher. She entered a doctoral program at the University of California at Santa Barbara in reading and language development at age 36.


“My dad said I needed to be a teacher so that I’d always be able to provide for myself,” she says. “But in graduate school, I discovered I was a good analytical thinker, and that was exciting.”


Kaganoff’s career didn’t really start taking off until 1985, when at age 50 she started and ran a clinic for children with reading and learning problems at the University of California at Irvine.


“I was learning new things constantly,” she says.


In 1992 the clinic closed, a victim of budget cuts at the university. Today, Kaganoff feels that she’s at the peak of her professional growth with a private therapy practice in Irvine, and she doesn’t see herself stepping away anytime soon.


“The experiences are so cumulative,” she says. “Every time I walk into a meeting, I realize the wealth of background I have to draw upon.”


Fideler fits the profile. She’s 70 and already at work on a follow-up book on the second-fastest-growing age group in the labor force: men over age 65.


Older men keep working for the same career achievement and income rewards that motivate women. But perhaps Fideler will find that men simply grow tired of watching their wives leave for work every morning, and of spending the day by themselves.


Follow us @ReutersMoney or at http://www.reuters.com/finance/personal-finance.


(Editing by Linda Stern, Chelsea Emery and Douglas Royalty)


Yahoo! Finance – Personal Finance





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TCU shocks Kansas, 1st losing streak in 7 years


FORT WORTH, Texas (AP) — Kansas coach Bill Self's Big 12 bullies are suddenly beatable.


Even against the league newcomer that hadn't won a conference game.


The fifth-ranked Jayhawks have their first losing streak in more than seven years after trailing throughout in a 62-55 loss Wednesday night at TCU, which had never before beaten a top 5 team.


"It's not so much that we lost, it's just so much to me that we were kind of the bullies of the league, and we let people think they could whip us," Self said. "And when they did, everybody now thinks they can whip us."


Four days after an 85-80 home loss to Oklahoma State ended their nation-best 18-game overall winning streak and 33-game streak at Allen Fieldhouse, the Jayhawks went more than 7 minutes from the tip before finally scoring.


Kansas (19-3, 7-2 Big 12) had played 264 games in a row since January 2006 without consecutive losses, the longest active streak in Division I.


Against TCU (10-12, 1-8), the Jayhawks looked nothing like the team that has won or shared 12 of the league's 16 regular-season titles — and now has company at the top of the Big 12 standings with 13th-ranked Kansas State.


They trailed 22-13 at halftime on 3-of-22 shooting, the fewest points and field goals in a half since Kansas started keeping those records nearly 25 years ago.


"It was the worst team that Kansas ever put on the floor, since Dr. Naismith was there," Self said. "I think he had some bad teams when he lost to Topeka YMCA and things like that in the first couple years. But for the first half, there hasn't been a team play worse than that offensively."


Instead of a bounce-back win, Kansas had six turnovers and missed its first four shots before finally scoring 7:17 into the game. Ben McLemore's bounce pass to Jamari Traylor for a layup made it 8-2, but the Jayhawks then went 8 more minutes before making another field goal.


The Jayhawks finished 29.5 percent from the field (18 of 61), their worst in 514 games — since making only 15 of 51 shots (29.4 percent) against Kentucky on Dec. 1, 1998. It was their lowest-scoring game since also scoring 55 in an NCAA tournament loss to UCLA on March 24, 2007.


They made only 3-of-22 from 3-point range, including two in the final minute.


McLemore led Kansas with 15 points, 13 after halftime. Jeff Withey had 12 points and Naadir Tharpe 11.


"We knew going in that we would have to play extremely well, offensively, defensively, extremely hard, and they were going to have to help us out," said first-year TCU coach Johnson said. "When I said help us, obviously they missed a lot of shots they probably would make."


Garlon Green scored 20 points for the Horned Frogs, including five in a row after a late 17-4 Kansas spurt.


"It means a lot. Obviously we've had some tough years," said Green, a senior forward. "We've had a tough year right now, but this is a big win. We need to carry this momentum."


TCU played the first of three games in six days. The Frogs host fellow league newcomer West Virginia on Saturday and go to Oklahoma on Monday night.


Kansas, which plays at Oklahoma on Saturday, hasn't lost three games in a row since February 2005 — a stretch with games that went to overtime and double-overtime.


Tharpe scored nine points in a 2-minute span for Kansas, with a 3-pointer and six consecutive free throws, before a basket by Withey with 6:49 left got the Jayhawks within 44-40 — the closest they got after TCU's game-opening spurt.


After Tharpe missed a 3-pointer on a break, Adrick McKinney slung a pass inside to Green for a layup. McLemore, the Big 12's top freshman scorer, missed an open 3-pointer before Green had a three-point play to stretch the TCU lead back to 49-40.


"Everybody came to play today," said Connell Crossland, who had eight points and 15 rebounds for TCU. "I just saw everybody was ready (in warmups). That's when I knew it was going to be a good game. And we pulled it off."


The record sellout crowd of 7,412 fans in the Daniel-Meyer Coliseum included a large portion of loud Jayhawks fans, but they filed out quietly after this game while TCU students stormed the court to celebrate.


"All teams go through funks, but we're certainly in probably the worst funk that I've ever seen a Kansas team be in," Self said. "Just a bad, bad, bad night. Not a good team right now. ... This thing has turned on a dime and it could certainly continue to turn worse if we don't right the ship real soon."


Read More..

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STORY HIGHLIGHTS


  • Peter Bergen: U.K. politicians called North Africa terror an existential threat

  • Bergen says core al Qaeda has been greatly weakened, hasn't mounted serious operations

  • Terror groups loosely affiliated with al Qaeda have also lost ground, he says

  • Bergen: Jihadist violence does continue, but it does no good to overstate threat




Editor's note: Peter Bergen is CNN's national security analyst, the author of "Manhunt: The Ten-Year Search for bin Laden -- From 9/11 to Abbottabad", and a director at the New America Foundation.


Washington (CNN) -- The attack in January on a gas facility in Algeria by an al Qaeda-linked group that resulted in at least 37 dead hostages has sparked an outpouring of dire warnings from leading Western politicians.


British Prime Minister David Cameron described a "large and existential threat" emanating from North Africa. Tony Blair, his predecessor as prime minister, agreed saying, "David Cameron is right to warn that this is a battle for our values and way of life which will take years, even decades."


Hang on chaps! Before we all get our knickers in a tremendous twist: How exactly does an attack on an undefended gas facility in the remotest depths of the Algerian desert become an "existential threat" to our "way of life"?


Across the Atlantic, American politicians also got into sky-is-falling mode. Republican Congressman Mike Rogers, who heads the House Intelligence Committee, fulminated, "This is going to get worse. You cannot allow this to become a national security issue for the United States. And I argue it's already crossed that threshold."



Peter Bergen

Peter Bergen



Previous real U.S. national security threats and their manifestations include 9/11, the doctrine of mutually assured destruction (from the potential use of nuclear weapons) with the Soviets, Pearl Harbor and Hitler's armies taking over much of Europe.


A ragtag group of jihadists roaming the North African deserts is orders of magnitude less significant than those genuine threats to the West and is more comparable to the threats posed by the bands of pirates who continue to harass shipping off the coast of Somalia. They are surely a problem, but a localized and containable one.


Western politicians and commentators who claim that the al Qaeda linked groups in North Africa are a serious threat to the West unnecessarily alarm their publics and also feed the self-image of these terrorists who aspire to attack the West, but don't have the capacity to do so. Terrorism doesn't work if folks aren't terrorized.


North African group hasn't attacked in the West



Western politicians and commentators who claim that the al Qaeda linked groups in North Africa are a serious threat to the West unnecessarily alarm their publics...
Peter Bergen



Much has been written, for instance, in recent weeks about al Qaeda in the Islamic Maghreb (AQIM), al Qaeda's North African affiliate, a splinter group of which carried out the attack on the Algerian gas facility. But according to Camille Tawil, who has authoritatively covered Islamist militant groups over the past two decades for the leading Arabic daily Al-Hayat and has written three books about al Qaeda, AQIM doesn't threaten the West: "To my knowledge no known attacks or aborted attacks in the West have been linked directly to AQIM."


AQIM was formed seven years ago so the group has had more than enough time to plot and carry out an attack in the West. By way of comparison, it took two years of serious plotting for al Qaeda to plan the 9/11 attacks.


So, what is the real level of threat now posed by al Qaeda and allied groups?


Let's start with "core al Qaeda" which attacked the United States on 9/11 and that is headquartered in Pakistan. This group hasn't, of course, been able to pull off an attack in the United States in twelve years. Nor has it been able to mount an attack anywhere in the West since the attacks on London's transportation system eight years ago.


Core al Qaeda on way to extinction


Osama bin Laden, the group's founder and charismatic leader, was buried at sea a year and half ago and despite concerns that his "martyrdom" would provoke a rash of attacks in the West or against Western interests in the Muslim world there has instead been.... nothing.


Meanwhile, CIA drone strikes in Pakistan during President Obama's tenure alone have killed 38 of al Qaeda's leaders in Pakistan, according to a count by the New America Foundation.








Those drone strikes were so effective that shortly before bin Laden died he was contemplating ordering what remained of al Qaeda to move to Kunar Province in the remote, heavily forested mountains of eastern Afghanistan, according to documents that were discovered following the SEAL assault on the compound where bin Laden was hiding in Abbottabad, Pakistan.


Core al Qaeda is going the way of the dodo.


Affiliates are no better off


And a number of the affiliates of core al Qaeda are in just as bad shape as the mother ship.


Jemaah Islamiah (JI), the virulent Southeast Asian al Qaeda affiliate that killed hundreds in the years after 9/11 is largely out of business. Why so? JI killed mostly Westerners in its first attacks on the tourist island of Bali in 2002, but the subsequent Bali attack three years later killed mostly Indonesians. So too did JI's attacks on the Marriott hotel in the capital Jakarta in 2003 and the Australian embassy in 2004. As a result, JI lost any shred of popular support it had once enjoyed.


At the same time the Indonesian government, which at one point had denied that JI even existed, mounted a sophisticated campaign to dismantle the group, capturing many of its leaders and putting them on trial.


In the Philippines, the Abu Sayyaf Group, a number of whose leaders had trained in Afghanistan in al Qaeda's camps, and which specialized in kidnapping Westerners in the years after 9/11, was effectively dismantled by the Philippine army working in tandem with a small contingent of U.S. Special Operations Forces.


In Pakistan, the Pakistani Taliban in 2009 took over the once-tranquil mountainous vacation destination of Swat, and destroyed some 180 schools and beheaded 70 policemen there. Suddenly, they were only 70 miles from the capital Islamabad and some warned that the Pakistani state was in danger. Today, the Pakistani Taliban have been rolled back to their bases along the Afghan border and 16 of their leaders have been killed by CIA drones since President Obama took office.


Al Qaeda militants based in Saudi Arabia mounted a terrorist campaign beginning in 2003 that killed dozens of Saudis, and they also attacked a number of the oil workers and oil facilities that lie at the heart of the Saudi economy. This prompted the Saudi government to mount such an effective crackdown that the few remaining al Qaeda leaders who were not killed or captured have in recent years fled south to Yemen where the remnants of al Qaeda in the Arabian Peninsula (AQAP) are now based.


From its new headquarters in Yemen AQAP has made serious efforts to attack the United States, sending the "underwear bomber" to blow up Northwest Flight 253 over Detroit on Christmas Day 2009 and also smuggling bombs on to U.S.-bound cargo shipments in October 2010.


None of these attempts were successful.


Yemen militants decimated


As a result of the threat posed by AQAP, the United States has mounted a devastating campaign against the group over the past three years. There was one American drone strike in Yemen in 2009. In 2012 there were 46. That drone campaign has killed 28 prominent members of the group, according to a count by the New America Foundation. Among them was the No. 2 in AQAP, Said al-Shihri, who was confirmed to be dead last week.


In the chaos of the multiple civil wars that gripped Yemen in 2011, AQAP seized a number of towns in southern Yemen. But AQAP has now been pushed out of those towns because of effective joint operations between U.S. Special Operations Forces, the CIA and the Yemeni government.


The Yemeni president, Abd Rabbuh Mansur Hadi, even went to the United Nations General Assembly in September where he publicly endorsed the use of CIA drones in his country, something of a first.


A couple of years ago, al Qaeda's Somali affiliate, Al- Shabaab ("the youth" in Arabic) controlled much of southern Somalia including key cities such as the capital Mogadishu.


Once in a position of power, Shaabab inflicted Taliban-like rule on a reluctant Somali population, which eroded its popular legitimacy. Shabaab was also the target of effective military operations by the military of neighboring Kenya, troops of the African Union and U.S. Special Operation Forces.


As a result, today the group controls only some rural areas and for the first time in two decades the United States has formally recognized a Somali government.


Mali conflict shows weakness of jihadist militant groups


Similarly, groups with an al Qaeda-like agenda captured most of northern Mali last year, a vast desert region the size of France. Once in power they imposed Taliban-like strictures on the population, banning smoking and music and enforcing their interpretation of Sharia law with the amputation of hands. The militants also destroyed tombs in the ancient city of Timbuktu, a UNESCO World Heritage site, on the grounds that the tombs promoted "idol worship."


None of these measures endeared the jihadist militants to the population of Mali. In the past weeks, as a relatively small force of some 2,000 French soldiers has rolled through Mali putting the militants on the run, the French have been cheered on by dancing and singing Malians.


When French soldiers are greeted as an army of liberation in an area of the world that in the past century was part of a vast French empire, you can get a sense of how much the jihadist militants had alienated the locals.


Last week the French military took the city of Timbuktu. The defeat of the al Qaeda-linked groups as effective insurgent forces in Mali is now almost complete.


What has just happened in Mali gets to the central problem that jihadist militant groups invariably have. Wherever they begin to control territory and population they create self-styled Islamic "emirates" where they then rule like the Taliban.


Over time this doesn't go down too well with the locals, who usually practice a far less austere version of Islam, and they eventually rise up against the militants, or, if they are too weak to do so themselves, they will cheer on an outside intervention to turf out the militants.


The classical example of this happened in Iraq where al Qaeda in Iraq (AQI) controlled Anbar Province, about a third of the country in 2006. AQI cadres ruled with an iron fist and imposed their ultrafundamentalist rule on their fellow Sunnis, who they killed if they felt they were deviating from their supposedly purist Islamic precepts.


This provoked the "Sunni Awakening" of Iraqi tribes that rose up against AQI. These tribes then allied with the U.S. military and by the end of 2007 AQI went from an insurgent group that controlled vast territories to a terrorist group that controlled little but was still able to pull off occasional spectacular terrorist attacks in Baghdad.


Jihadist violence still a threat


The collapse of core al Qaeda and a number of its key affiliates does not, of course, mean that jihadist violence is over. Such religiously motivated mayhem has been a feature of the Muslim world for many centuries. Recall the Assassins, a Shia sect that from its base in what is now Iran dispatched cutthroats armed with daggers to kill its enemies around the Middle East during the 12th and 13th centuries. In so doing the sect gave the world the useful noun "assassin."


And so while core al Qaeda and several of its affiliates and like-minded groups are in terrible shape, there are certainly groups with links to al Qaeda or animated by its ideology that are today enjoying something of a resurgence.


Most of these groups do not call themselves al Qaeda, which is a smart tactic, as even bin Laden himself was advising his Somali affiliate, Al Shabaab, not to use the al Qaeda name as it would turn off fundraisers because the shine had long gone off the al Qaeda brand, according to documents recovered at bin Laden's Abbottabad compound.


One such militant group is the Nigerian Boko Haram, which bombed the United Nations headquarters in Nigeria in 2011 and has also attacked a wide range of Christian targets in the country. However, the group has shown "no capability to attack the West and also has no known members outside of West Africa," according to Virginia Comolli of the London-based International Institute for Strategic Studies who tracks the group.



Ansar al-Sharia, "Supporters of Sharia," is the name taken by the militant group in Libya that carried out the attack against the U.S. consulate in Benghazi in September in which four Americans were killed. Similarly, in Yemen militants that are aligned with al Qaeda have labeled themselves Ansar al-Sharia.


But this new branding hasn't done the militants much good in either country. In Libya, shortly after the attack on the U.S. consulate, an enraged mob stormed and took over Ansar al Sharia's headquarters in Benghazi. And, as we have seen, in Yemen the jihadists have now been forced out of the towns in the south that they had once held.


One strong foothold in Syria


The one country where jihadist militants have a serious foothold and are likely to play an important role for some period in the future is in Syria. That is because of a perfect storm there that favors them. The Sunni militants in Syria are fighting the regime of Bashir al Assad, a secular dictator who is also an Alawite, which many Muslims believe to be a heretical branch of Shiism.


For the jihadists, Assad's secularism makes him an apostate and his Alawi roots also make him a heretic, while his brutal tactics make him an international pariah. This trifecta makes funding the Sunni insurgency highly attractive for donors in the Gulf.


And for the Arabs who form the heart of al Qaeda the fight against Assad is in the heart of the Arab world, a contest that happens to border also on the hated state of Israel. Also Syria was for much of the past decade the entry point for many hundreds of foreign fighters who poured into Iraq to join Al Qaeda in Iraq following the American invasion of the country. As a result, al Qaeda has long had an infrastructure both in Syria and, of course, in neighboring Iraq.


The Al Nusra Front is the name of arguably the most effective fighting force in Syria. In December the State Department publicly said that Al Nusra, which is estimated to number in the low thousands and about 10% of the fighters arrayed against Assad, was a front for Al Qaeda in Iraq (AQI).


Al Nusra certainly seems to have learned from AQI's mistakes. For starters, it doesn't call itself al Qaeda. Secondly, it hasn't launched a campaign to crack down on social issues such as smoking or listening to music and so has not alienated the local Sunni population as AQI did in Iraq.


Barak Barfi, a journalist and fellow at the New America Foundation who has spent several months on the ground in Aleppo in northwestern Syria reporting on the opposition to Assad, says Nusra fighters stand out for their bravery and discipline: "They are winning over the hearts and minds of Aleppo residents who see them as straight shooters. There is a regimented recruiting process that weeds out the chaff. Their bases are highly organized with each person given specific responsibilities."


Arab Spring countries seen as an opportunity


The chaotic conditions of several of the countries of the "Arab Spring" are certainly something al Qaeda views as an opportunity. Ayman al-Zawahiri the leader of the group, has issued 27 audio and video statements since the death of bin Laden, 10 of which have focused on the Arab countries that have experienced the revolutions of the past two years.


But if history is a guide, the jihadist militants, whether in Syria or elsewhere, are likely to repeat the mistakes and failures that their fellow militants have experienced during the past decade in countries as disparate as Somalia, the Philippines, Yemen, Iraq, Indonesia, Saudi Arabia and now, Mali.


That's because encoded in the DNA of al Qaeda and like-minded groups are the seeds of their own destruction because in power they rule like the Taliban, and they also attack fellow Muslims who don't follow their dictates to the letter. This doesn't mesh very well with these organizations' claims that they are the defenders of Muslims.


These groups also have no real plans for the multiple political and economic problems that beset much of the Islamic world. And they won't engage in normal politics such as elections believing them to be "un-Islamic."


This is invariably a recipe for irrelevance or defeat. In not one nation in the Muslim world since 9/11 has a jihadist militant group seized control of a country. And al Qaeda and its allies' record of effective attacks in the West has been non-existent since 2005.


With threats like these we can all sleep soundly at night.


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