Monday, August 5, 2013

Light mag. 4.7 earthquake - 61km NNE of Yining Xian, China on Sunday, 4 August 2013

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Source: http://www.volcanodiscovery.com/earthquakes/quake-info/388602/M4.7-Sun-4-Aug-61km-NNE-of-Yining-Xian-China.html

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Sunday, August 4, 2013

FreePrints photo printing service comes to Windows Phone 8

Cal Morell FreePrints Windows Phone at Casual Connect

Casual Connect is an event dedicated to casual videogames, but you?ll often run into more than just game developers and PR people. One such attendee was Cal Morrell of Avenquest Software and Photo Affections. They?ve created a remarkable photo printing app for Windows Phone 8 that photography fans (especially Lumia 1020 owners) are going to love called FreePrints.

We sat down with Cal, who walked us through FreePrints? features and the process of optimizing the app for Windows Phone 8. Note that this app is currently available only in the United States, but we do have good news for international users (and our hands on video footage) after the break!

From your phone to reality

FreePrints is a free Windows Phone 8 app that allows you to select photographs from a variety of sources and then have them professionally printed and shipped to your door.

The first time you use the app you?ll go through a quick tutorial that explains how the app works. Then it?s time to set up your account and start linking your various picture hosting accounts to the app.

FreePrints can edit and print images from a wide variety of sources:

  • Your Windows Phone
  • Dropbox
  • Facebook
  • Flickr
  • Instagram
  • Picasa
  • SkyDrive

The beautiful thing about this app is that you can combine images from all of those places into a single order. Just select the photos you want from a source, press Back on your phone, and then select another source to keep adding pictures to the order. Wherever you are in the app, you?ll see the total number of pictures in your shopping cart at the top-right corner of the screen.

Ordering process

FreePrints for Windows Phone 8

After choosing the pictures you?d like to have printed, FreePrints gives you the option to crop and rotate the individual images. Users can select from numerous print sizes: 4 x 6 inches, 5 x 5 (Instagram ratio), 8 x 10, and many more, all the way up to 20 x 30.

Once you?ve got your order lined up, you can choose between standard shipping (5-13 days) and expedited (4-6 days). The FreePrints app accepts credit cards and PayPal as payment.

Your photographs will arrive by mail shortly thereafter. Photo Affections is a reputable printing service and the pictures they deliver will be of the highest quality, not the rush jobs you?d get from a one-hour printing place. They won?t fade and will last for years when stored in an acid-free album.

Free prints for a year!

FreePrints for Windows Phone 8

To promote the FreePrints service, all users get 85 free 4 x 6 prints per month.? Your free prints must be unique ? you can?t print the same image twice for free. You?ll only pay for shipping, and the FreePrints shipping prices are actually lower than what Photo Affections charges on their website.

Users can also earn extra free prints by sharing the app with their friends or posting about it on Facebook and Twitter. In fact, you can sign up with my invite code pacevedo1 to hook me up with a free print. Why not, right?

Get it now (or soon)

FreePrints Lumia 1020 Casual Connect
Do the couple in the picture have pets now? Are they even still together??

Avenquest has worked closely with Microsoft to optimize FreePrints for Windows Phone 8. If you want physical prints of your photos, this app has a lot to offer. It?s currently available only in the US, but will launch in the United Kingdom, France, and Germany soon as well. Hopefully more countries will follow!

FreePrints ? Windows Phone 8 ? 5 MB ? Free ? Store Link

QR: FreePrints

Source: http://feedproxy.google.com/~r/wmexperts/~3/FB3APccgfh4/story01.htm

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Canada draws up directive on beacons in 787 fire investigation


Sat Aug 3, 2013 3:27pm EDT

(Reuters) - Canada's air transport regulator is drawing up a safety directive concerning the emergency beacons at the center of an investigation into a fire on a parked Boeing 787 Dreamliner last month, it said on Saturday.

The directive - which would list action that airlines or manufacturers must take - will take into account inspections done by manufacturer Honeywell International and its Canadian sub-contractor Instrumar Ltd, Transport Canada said in a statement.

"Transport Canada is developing an airworthiness directive in consultation with the FAA (U.S. Federal Aviation Administration) and EASA (European Aviation Safety Agency)," the statement said.

"The airworthiness directive would be based on the information collected from the equipment inspections mandated by the FAA, information already provided by Honeywell, and the results of (Transport Canada's) inspections of Honeywell and Instrumar."

Emergency Locator Transmitters - designed to help locate an aircraft in the event of a crash - marketed by Honeywell have emerged as a key focus of the investigation into a blaze which caused serious damage to a parked 787 jet owned by Ethiopian Airlines at London's Heathrow airport on July 12.

The FAA has ordered inspections on the beacons in 787s, and Boeing last week expanded the inspections to cover more than 1,000 aircraft of all types that are fitted with the devices.

The Wall Street Journal reported that the Canadian directive would expand inspections to cover all types of planes that use the suspect emergency transmitters, including jets from Boeing, Europe's Airbus and Dassault Aviation.

Although the 787 is designed and manufactured in the United States, Transport Canada is the lead safety agency on the beacons, which are manufactured in Newfoundland.

An earlier model of Honeywell beacon faced scrutiny from Canada's regulator in a previous airworthiness directive in 2009.

It called for suspect parts to be modified or replaced after tests found that two units were unable to broadcast the emergency homing signal on the right frequency.

(Reporting by Nivedita Bhattacharjee, Tim Hepher; Editing by Robin Pomeroy)

Source: http://www.reuters.com/article/2013/08/03/us-boeing-dreamliner-canada-idUSBRE9720AK20130803?feedType=RSS&feedName=businessNews

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Oil patch city wants to be known as 'Boomtown USA'

WILLISTON, N.D. (AP) ? The city in the heart of western North Dakota's booming oil patch has a new brand ? "Boomtown USA."

The Williston Convention and Visitor's Bureau unveiled the theme on Thursday.

"As our community is expanding and becoming unlike anything it has ever been before, the Williston CVB must also grow and boldly embrace who we are, what we stand for and truly define our own future," said Amy Krueger, the bureau's executive director.

"This new direction does all that and more as it defines Williston in the eyes of tourists and visitors and lays a foundation for the family fun, historic and outdoor aspects of life in Williston," she said.

The city has some of its earliest roots as a boomtown, when the fur trading business exploded in 1828. That also is the year when Fort Union opened its doors. It was a fur-trading post along the Missouri River in northwestern North Dakota for much of the 19th century, and now is a national historic site.

The oil boom and its promise of jobs has drawn people from around the country to Williston. The U.S. Census bureau estimates that the city's population has grown from 14,700 in 2010 to 26,700, and a city-sponsored study done by North Dakota State University concluded that the number could be as high as 33,000.

The NDSU study also concluded that Williston's population could reach 44,000 by 2017.

The Census Bureau says Williston is the fastest-growing area with a population of 10,000 to 49,999 residents in the U.S.

Source: http://www.seattlepi.com/news/article/Oil-patch-city-wants-to-be-known-as-Boomtown-USA-4702856.php

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Saturday, August 3, 2013

Controversial Golf Project in Croatia's Dubrovnik Cleared by Authorities


Critics have raised environmental concerns over the development on a site, and also said that the modern project is incompatible with the architecture of the city, a UNESCO world heritage site.

The project, backed by Australian former world number one golfer Greg Norman, aims to build two golf courses, two hotels, 240 villas and 400 apartments on 310 hectares (766 acres) of the land.

"A total of 16 city councillors of the 24 present during Tuesday's vote backed the project," city council spokeswoman Kristina Civalo told AFP of the vote on Tuesday evening.

Construction on the project -- the brainchild of Israeli businessman Aaron Frenkel -- could begin later this year.

Those supporting the scheme say it will result in the creation of local jobs and provide a boost to the tourism industry.

Norman, who won two Majors, is to open a golf academy at the project site, local media reported.

Some 100 protestors had gathered outside Dubrovnik's city hall to voice their opposition and carried banners which read "Srdj is ours" in reference to the name of the land where the complex will be built.

The newest member of the European Union, Croatia hosts more than 11 million tourists yearly, almost triple of its population of 4.2 million.

Dubrovnik is visited by some 700,000 tourists every year.

Source-AFP

Source: http://www.medindia.net/news/controversial-golf-project-in-croatias-dubrovnik-cleared-by-authorities-122983-1.htm

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Real Madrid's pressure too much for Los Angeles Galaxy

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Source: http://www.azcentral.com/sports/azetc/articles/20130801real-madrids-pressure-too-much-los-angeles-galaxy.html

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Real Estate Down Slightly During The Second Quarter | Marotta On ...

Real Estate during 2Q 2013

Real Estate Stocks are an important part of the category of Resource Stocks, sometimes called ?Hard Asset? Stocks. They were down slightly in the second quarter of 2013. Foreign real estate was down more for the quarter because the U.S. Dollar strengthened against foreign currencies.

  • Vanguard REIT ETF (VNQ) was down 1.6% during the second quarter, but still up 9.08% for the past year and still averaging 8.11% for the last 5 years.
  • Vanguard Global ex-U.S. Real Estate ETF (VNQI) was down 6.72% during the second quarter, but still averaging 18.29% for the past year.

We still recommend a healthy allocation to publicly traded real estate investment trusts.

Source: http://www.marottaonmoney.com/real-estate-down-slightly-during-the-second-quarter/

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Friday, August 2, 2013

And In the End, the Love You Take is Equal to the Love You Make ...

Before I say anything else?I hope that you benefited from watching the videos as much as I enjoyed writing and shooting the videos.

I stopped The Speaking Husky video series, ?How to Overcome the Fear of Public Speaking,??because of sheer terror! ?Not really? ?Over a year ago, I decided to run two businesses at once. ?It took me a year and a half to figure this out, but I can run two businesses at once as easily as Prince William, Kate Middleton, and Prince George can leave Kensington Palace without being surrounded by a plethora of paparazzi. ?(Okay, I know on the date of this post they don?t live in Kensington Palace, but they may live?there when you read this. :) )

While managing The Speaking Husky and Rock, Read, And Roam!, I didn?t schedule time to update my blog. To make my life more manageable, and to allow time to do cool things like update my blog, I?ve temporarily closed Rock, Read, And Roam! too. I do believe that what I receive will be equal to what I give. I hope that these changes will allow me to share more useful information with anyone who drops by my blog. Yes, to the surprise of no one who has perused my website, part of the title of this post comes from The Beatles song, ?The End.? :)

Will I open Rock, Read, And Roam! again? Probably?reason?because I?m insane! If Steve Jobs, could run Apple and Pixar simultaneously?

Thanks for your support! :) Thanks for stopping by!

Similar Posts I?ve Written:

Source: http://thespeakinghusky.com/and-in-the-end-the-love-you-take-is-equal-to-the-love-you-make%E2%80%94the-speaking-husky-teaches-video-series-how-to-overcome-the-fear-of-public-speaking-has-been-postponed/

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Facebook has announced that it's switching to using https connections for everyone browsing the soci

Facebook has announced that it's switching to using https connections for everyone browsing the social network?which should provide an extra layer of security when you're doing, well, whatever you do on Facebook.

Read more...

    


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/IE5CK4LPvrk/facebook-has-announced-that-its-switching-to-using-http-986457756

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Thursday, August 1, 2013

ZEN & TECH 57: From NSA to cameras everywhere: Coping with privacy violations

ZEN & TECH is our mobile lifestyle podcast, focusing not just on our phones, tablets, and gadgets, but how we can use technology to help us live better, richer, happier lives. It's how we center our inner geeks! Since it's security week on Talk Mobile 2013, Georgia and Rene talk about everything from camera phones in the locker room to wiretaps on the internet and how we, as private people, can cope in an age of where everyone from friends to family to strangers to governments may be spying on us.

Hosts

Disclaimer

While Georgia is a therapist, she's not YOUR therapist. Everything said or implied on this show is for informational and entertainment purposes only. And shouldn't be taken in any way as a replacement for proper, professional care.

Credits

Music is Peace on Earth by wellman.

Thanks everyone, you're the best community on the web and we love having you with us!

    


Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/n0Yjff2cT0k/story01.htm

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Wednesday, July 31, 2013

Single-Family ? 104 Green St Northborough, MA 01532 is now new ...

Spacious contemporary home with open floor plan for entertaining boasting floor to ceiling windows, cathedral ceilings, hardwoods , 4 bedrooms 3 full baths, tiered deck, and 2 car attached garage. Full finished walk out lower level family room with fireplace, office & full bath. Updates including freshly painted interior, furnace, roof, electrical and refurbished hardwoods throughout. Central air! Title 5 in hand. All this is situated on nearly two private acres located on desirable Green St!

This is a Contemporary/Multi-Level style home and features 7 total rooms, 2 full baths, 1 half bath, 4 bedrooms, 1.91 Acres, and is currently available for $389,900.

For complete details click here.

Source: http://www.karenshomefinder.com/blog/single-family-104-green-st-northborough-ma-01532-is-now-new-to-the-market

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Robert Pattinson Quits Smoking Cigarettes ? Healthy After Kristen ...

Robert Pattinson has ditched the cigarettes and he?s been hitting the gym, a source tells HollywoodLife.com exclusively! Keep reading to find out more about Rob?s new priorities, following his split from Kristen Stewart.

At times, a breakup may send someone into a deep depression, but that?s not true for?Robert Pattinson. Instead of smoking his sorrows away, the Twilight stud is healing his broken heart with plenty of grueling workout sessions!

Robert Pattinson Quits Smoking Cigarettes ? Healthy After Kristen Stewart Split

?Rob has finally quit smoking for good. And he feels and looks healthier than ever. Working out has helped him tremendously with regard to quitting smoking. The two just don?t go hand-in-hand. Rob is now addicted to exercising and feeling good,? an insider tells?HollywoodLife.com?EXCLUSIVELY.

They always say that the best revenge after a breakup is looking good, right?

?Rob has been training diligently with famed celebrity fitness instructor Harley Pasternak. He?s determined to get into the best shape of his life. Rob and Harley go way back from when Rob was a complete unknown. In fact, Rob spent this morning (July 30) working out at Harley?s private gym in Los Angeles,? the source says.

Robert Pattinson: His Top Priority Revealed

Rob even confides in his trainer for personal advice, as well.

?Rob always gets good advice from Harley, whether it has do with fitness, health or even his love life. However, right now Rob?s main priority is work and getting super fit.?

We can certainly imagine Rob discussing his former relationship with Kristen.

Robert Pattinson Still Misses Kristen Stewart

As HollywoodLife.com previously reported, despite going out with friends and being spotted with sexy women, Rob still has feelings for Kristen.

?Does he get sad about Kristen? Of course ? they went through a ton together,? revealed an insider.

What do YOU think,?HollywoodLifers??Does Rob seem happy or is he secretly sad and missing Kristen?


?Reporting by Sandra Clark

More Robert Pattinson News:

  1. Katy Perry Reveals Shocking Reason She?s Never Dated Robert Pattinson
  2. Kristen Stewart Cuddles Her New Dog After Robert Pattinson Split
  3. Robert Pattinson Parties With Models In LA ? Sexy New Pic

Watch: Google Whiz Visualizes the Beach Boys? Heavenly Harmonies


Paul McCartney says it brings him to tears. Tom Petty compares it to Beethoven. Bob Dylan, summing up the superhuman talents that allowed Brian Wilson to make Pet Sounds, probably said it best: ?Jesus, that ear. He should donate it to The Smithsonian.?

It?s true. In the mid-60?s, the Beach Boys? bandleader Brian Wilson had the best, most brilliant ear in pop music. Nowhere is that more evident than Pet Sounds, the Beach Boys? shimmering, heartbreaking, put-it-in-a-time-capsule-and-send-it-to-space masterpiece. No matter how many times you listen to it, there?s always something new to hear. But that?s the funny thing about Brian Wilson?s peerless ear: it?s peerless. As Mike Love, the group?s least enlightened member, groused during a characteristically nitpicky Pet Sounds recording session: ?Who?s gonna hear this shit? The ears of a dog?? Foolish, but you can see his point: Wilson was operating on a whole different sonic plane than the rest of us. Thankfully, Google designer Alexander Chen has given us a new way of appreciating Wilson?s genius. He?s visualized it.

The video shows you things you might not even realize you were hearing.

Chen, a Creative Director at Google Creative Lab in New York, says the idea came from church bells. Just like the size of a bell corresponds to the pitch of the note it produces, Chen figured he could use a series of circles to represent the notes of some other piece of music. He remembered reading that the Beach Boys? ?You Still Believe in Me? was inspired by a church choir, so it seemed like a perfect fit for the experiment. He found a recording that isolated the track?s vocals, meticulously transcribed the harmonies note for note, and then wrote some code in Processing to render it as it played.

The result is stunning?a different type of visualization than anything we?ve seen before. Instead of the trippy, move-with-the-beat type stuff you zoned to in your Winamp days, this is something far more rigorous. It shows you what you?re hearing, and just what you?re hearing, note for note. And in this case, especially towards the end of the song when the coda of soaring, multilayered harmonies kicks in, it shows you things you might not even realize you were hearing?all those discrete brotherly voices that melt together in a casual, ears-only listen.


Chen, a musician himself, has worked on all sorts of fascinating projects centered around music, interaction, and visualization. In 2011, he was responsible for the Les Paul Google Doodle, a playable version of the company?s logo that proved so popular Google kept it live for an extra 24 hours (a Google Doodle first). Recently, Chen?s been busy on projects related to Google Glass (for another recent experiment, he used Glass to film himself improvising a short, looped piece on viola?a different sort of music visualization.) But this latest piece is, I think, especially exciting. It?s fresh, new territory. And it makes us consider how, even in an infographic-obsessed media culture, the power of pure data viz as it relates to music has largely gone unexplored.

For Chen, though, that connection was there from a young age. ?I grew up playing viola in my school orchestra,? he explains. ?I remember the amazing feeling of sitting among a sea of bows moving in sync with the music. I imagine that before people had the ability to physically recorded music, they had to go to performances to hear it, so it was a given that music was inherently visual.? Someone attending a symphony back in the day was still confronted with a wall of sound, but at least they?d be able to see the individual bricks.

Now, Chen says, we take that visual element for granted. Perhaps reintroducing it in some form could make us appreciate music all the more? ?I wonder if visualizing the layers of music helps teach our ears to be able to pick apart those individual pieces?to literally get a little better at listening,? Chen asks. Maybe. But still not as good as Brian Wilson.

Source: http://www.wired.com/design/2013/07/a-google-whiz-visualizes-the-beach-boys-heavenly-harmonies/

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Union accuses Plain Dealer of a numbers switch that will cost more jobs

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Economy and Business

The Newspaper Guild is accusing the Cleveland Plain Dealer of reneging on an agreement to keep union staffing in the newsroom at 110 members. The two sides had agreed months ago to lay-offs of about 50 newsroom employees as the paper shifts focus from print to a stronger on-line presence. But the union says the numbers were all based on the idea that some employees would be offered on-line jobs before the layoffs took effect. Instead, it?s layoffs first, then the offers. That means if some newsroom employees accept an offer to move to Cleveland.com, newsroom ranks will drop below 110.? Union members, including unit Chairman and reporter Harlan Spector, ?protested today outside the paper?s headquarters.?

"They expect everybody else to tell the truth who they cover. They expect politicians and public officials to tell the truth, but they can't even be honest with their own employees. Shame on them."

A statement from Plain Dealer President Terrance Egger says the paper has always negotiated with its unions in good faith and has honored all agreements, and will continue to do so.??

Starting Monday, the paper will cut home delivery of its print edition to four days a week.




Stories with Recent Comments

Source: http://www.wksu.org/news/story/36369

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Tuesday, July 30, 2013

Lightning?s St. Louis itchy to make 2014 Team Canada roster

Four years ago, Martin St. Louis was one disappointed guy. He wasn?t selected to the 2010 Team Canada roster and missed out on the chance to win gold and play for his country in his country.

This time around, he says he?ll do whatever it takes to make the 2014 roster. Mike Brophy at NHL.com hears it from the man himself.

?I?ll be a natural whatever they want me to be if it means making the team,? St. Louis said with a grin. ?If I have a chance to play for my country at this stage of my career, I?ll do whatever they want.?

St. Louis, of course, is a natural right wing and with Lightning GM Steve Yzerman also being Team Canada?s GM, you?d think he?d have an easy in, right? Not so much. Yzerman was also Team Canada?s GM back in 2010 as well.

As we?ve seen from Team Canada?s invite list, the competition to make the team will be very tough. Considering how consistent of a point producer St. Louis has been through his career, his chances have to be pretty good.

Source: http://prohockeytalk.nbcsports.com/2013/07/28/lightnings-st-louis-itchy-to-make-2014-team-canada-roster/

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Monday, July 29, 2013

Cement converted into an electrical conductor

[unable to retrieve full-text content]Researchers have developed a cementitious material incorporating carbon nanofibers in its composition, turning cement into an excellent conductor of electricity capable of performing functions beyond its usual structural function.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/matter_energy/electricity/~3/cVoBpzCEQ4k/130729083249.htm

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Peter King Warns GOP Not To Shut Down Government: Americans ?Turned Off By Terror Politics?

On CNN?s State of the Union Sunday morning, Congressman Peter King strongly urged certain members of the Republican Party to back away from their recent rhetoric threatening to shut down the government over either the funding of Obamacare or the extension of the debt ceiling.

?There?s no reason to be threatening to bring down the government,? King said. ?Let?s make this work, let?s get the spending cuts we need. But American people get turned off with the threat of terror politics.?

?We should not be closing down the government under any circumstances. That doesn?t work, it?s wrong. Obamacare passed. We have to try to defund it, we have to try to find ways to repeal it. The fact is, we shouldn?t be using it as a threat to shut down the government.?

RELATED: Rep. Peter King Blasts Rand Paul For ?Apologizing For America?: ?Fringes? Will ?Destroy? GOP

King also sounded cautiously optimistic on the prospects of immigration reform in the House.

?I think we have to show good faith in trying to find legislation that works, and I think we are going in that direction,? King said. ?The President had four years on immigration, and did absolutely nothing. I would say you?ve seen a lot of movement in the past six months. The Senate, with strong Republican help, a bill did pass. I don?t fully agree with that bill, but I think we can find ways to make that bill work. You do find people in the House willing to make it work.?

Watch the exchange here, via CNN:

?
>> Follow Evan McMurry (@evanmcmurry) on Twitter

Source: http://www.mediaite.com/tv/peter-king-warns-gop-not-to-shut-down-government-americans-turned-off-by-terror-politics/

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Sunday, July 28, 2013

iPhone 5S? ce n'? davvero bisogno? Due parole riguardo il futuro dubbio per le...

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Seven killed, including gunman, in Florida shootout; 2 hostages rescued

A police assault and a? volley of gunfire capped off a daring hostage rescue that freed two people Saturday near Miami, but not before their captor shot and killed six other people. NBC's Mark Potter reports

By Marian Smith and Matthew DeLuca, NBC News

SWAT officers shot and killed a gunman early Saturday after he killed six people, ending an hours-long standoff near Miami, Fla., police said.

Two people were rescued alive and unharmed from an apartment building where they were being held hostage, Hialeah police spokesman Sgt. Eddie Rodriguez told NBC News.

Police identified the shooter as Pedro Vargas, 42, at a press conference on Saturday, according to NBC Miami.

The victims were identified as Italo Pisciotti, 79; Camira Pisciotti, 69; Carlos Javier Gavilanes, 33; Patricio Simono, 64; Merly S. Niebles, 51, and an unnamed 17-year-old woman.

The SWAT team found the gunman barricaded on the fourth floor of the building, where they killed him and saved the two hostages.

NBC Miami

The building manager and her husband were found dead in a hallway and three others, two females and one male, were found in one of the apartments, Rodriguez said. Another man was found dead in the lobby of a building across the street.

"This is one of the worst shootings we've probably had ever in Hialeah," police spokesman Carl Zogby?told NBC Miami.


Police first responded to a 911 call at 6:30 p.m. ET Friday. They evacuated the apartment complex and shut down several surrounding streets.

Negotiators were talking to the gunman before the shootout and police sent a robot onto the scene.

?The end result: seven people have lost their lives in this incident, six innocent victims and the one shooter,? Zogby told the station. ?Now starts the investigation, how and why this happened.?

NBC Miami

A young woman told NBC Miami that two of the victims of the shooting were her parents.

?I guess there was an altercation and the person opened fire on both of them. My mom was dead the moment that she was shot and my dad still had a pulse when I got to him,? the woman said.

One of the victims appeared to have been shot at across the street from the main scene, police said, when the gunman opened fire from a balcony.

?From up there, he was able to shoot at people across the street, catching this one man who was just walking into his apartment,? Rodriguez told the Miami Herald.

The Associated Press contributed to this report.

NBC Miami

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Japan's PM may rethink tax hike; could shake markets, unsettle support

By William Mallard

TOKYO (Reuters) - Japan's most significant fiscal reform in years - a planned increase in the country's sales tax - could be delayed or watered down in a move that might rattle financial markets and amount to an own goal for the prime minister.

Despite holding the strongest political mandate of any prime minister in years, there are signs Shinzo Abe is seriously rethinking the plan out of concern it could derail a nascent economic recovery he has crafted with an aggressive policy mix, dubbed Abenomics.

Abe says he will decide in the autumn whether to proceed with the first part of the two-stage plan after gauging the state of the economic recovery, especially GDP data that is due on Sept 9. The tax, similar to general sales tax and value added tax in other countries, is due to rise to 8 percent in April 2014 and then 10 percent in 2015.

Abe does not want to raise the tax, given the likely economic and political repercussions, but he understands the risks of upsetting the markets by giving the appearance of backtracking on promised reform, said a person involved in crafting economic policies. At 5 percent, Japan and Canada have the lowest equivalent consumption taxes in the Organisation for Economic Co-operation and Development, OECD data shows.

The stakes in Japan are high. The tax hike was passed into law last year with the support of Abe's current coalition parties and the previous government and is meant to be the first step toward repairing Japan's tattered finances. However, the law also requires the government to judge the economic conditions before giving the final go ahead.

Reneging on fiscal reform could hit investor confidence, which has allowed Tokyo to borrow money cheaply even though its $5 trillion public debt, well over twice the nation's annual economic output, is the heaviest burden in the industrial world.

At the same time, Abe has stressed that his top priority is to rouse Japan from 15 years of deflation and tepid growth through his Abenomics program of heavy government spending, massive monetary easing and promises of a longer-term growth strategy.

Abe himself admitted the thorny dilemma just hours after scoring a landslide win in upper house elections on July 21 that gave his ruling bloc a clear parliamentary majority.

"It will be a difficult decision," he said of the looming tax choice.

"The economy is just starting to recover and now is the best chance for Japan to emerge from deflation," Abe said. "I don't want to lose this chance. At the same time, markets are watching (our progress) on Japan's fiscal reform."

SPLIT

Despite his electoral triumph, Abe's team is split.

A small number of vocal reflationists, such as cabinet office adviser Koichi Hamada, say Abe should prioritize recovery and go-slow on raising the tax. Pitted against them, the Finance Ministry says it is vital for Japan to show markets and trading partners that it is serious about putting its fiscal house in order.

Japanese media reported on Saturday that Abe had instructed his government to study the impact on the economy and prices of four tax-hike options, including sticking with the existing plan, raising the rate 1 percentage point a year for five years and delaying the hike entirely.

Abe, speaking at a news conference on a visit to Manila, said: "I haven't yet issued any instructions to come up with several proposals."

Government officials also say they haven't received any formal orders to draw up fresh scenarios, although an advisory panel to the premier had already been mandated to study the impact of the current plan on the economy and prices.

Public opinion may play to the advantage of the reflationists.

A survey of 902 people in the Nikkei business daily, conducted just after the election, found only 11 percent supporting the existing plan, compared with 58 percent who favor "flexibility" in the timing or scale of the increase and 27 percent who oppose raising the tax at all.

History too provides a cautionary tale for Abe, who got a rare second chance at running the government in December.

Noboru Takeshita, the premier who forced the first sales tax through parliament in 1988, and Ryutaro Hashimoto, who raised it to 5 percent from 3 percent in 1997, were driven from office as their public support collapsed - although other problems also plagued both men. The decision to double the tax contributed to the defeat of Abe's predecessor, Yoshihiko Noda.

Adviser Hamada, a 77-year-old emeritus professor at Yale University and a key member of Abe's brain trust, told Reuters on July 23 that Japan needed much more evidence of a sturdy recovery before raising the tax.

The economy, which grew at an annualized rate of 4.1 percent in the first quarter - the fastest among Group of Seven industrial powers - needs to maintain similar growth for two more quarters before enduring a tax hike, Hamada said.

BOND TRADERS WATCHING

He set the bar higher still, saying he is pushing Abe to wait not only until growth picks up but until employment improves, ensuring a firmer footing for the recovery.

The government should wait until unemployment falls to 3 percent from around 4 percent now and job seekers outnumber job offers "in all regions" of the country, Hamada said.

Although the latest data shows there were 90 seekers for each 100 job offers in May nationally, only four of Japan's 10 regions have more labor demand than supply.

It is unclear how much influence Hamada has on fiscal policy, but the views of the reflationists might "have significant influence on Abe's thinking on this subject," said former Bank of Japan deputy governor Kazumasa Iwata, head of the prominent think tank, the Japan Centre for Economic Research.

Some government officials are keen to start fiscal reform, privately worried that changing the tax plan would endanger Japan's promise to halve its budget deficit - excluding debt-financing - from fiscal 2010 levels by fiscal 2015 and balance the budget five years later.

They say raising the tax in incremental steps each year could be too easily derailed, since the politically sensitive hikes would have to be approved for five years in a row - with national elections scheduled in three years.

Finance Minister Taro Aso has strongly insisted on sticking with the tax-hike plan, saying it is an international promise. Still, Aso signaled last week he is willing to soften the economic blow by offering another dollop of fiscal stimulus.

The Japanese government-bond market, which lets Abe's government borrow 10-year money for less than 0.8 percent, would be hit hard if Abe changes the sales-tax plan, said Tadashi Matsukawa, head of Japan fixed income at PineBridge Investments.

"The whole of Abenomics would basically crash under that scenario," he said, adding he thinks it unlikely Abe will change the plan.

Iwata, the former BOJ deputy governor, told Reuters that if Abe postponed the agreed tax hike, that would endanger the rest of the fiscal-reform schedule.

"If Japan can't raise the tax rate even when the economy is in good shape, that may lead to market distrust over Abe's governance," Iwata said.

(Reporting by Sumio Ito, Yuko Yoshikawa, Hitoshi Ishida, Kaori Kaneko, Leika Kihara and Lisa Twaronite; Writing by William Mallard; Editing by Neil Fullick)

Source: http://news.yahoo.com/japans-pm-may-rethink-tax-hike-could-shake-081644490.html

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Saturday, July 27, 2013

Japanese government forcing society to act as if ... - Nuclear News

[unable to retrieve full-text content]Small scale and distributed solar and wind energy - theme for July 2013. As the Northern hemisphere faces up to yet more record hear from global warming, Big Power ? especially Nuclear Power is looking more and more ...

Source: http://nuclear-news.net/2013/07/27/japanese-government-forcing-society-to-act-as-if-nothing-has-happened-greenpeace-japan/

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MarkdownPad Renders Markdown in Real Time, Exports Clean HTML

MarkdownPad Renders Markdown in Real Time, Exports Clean HTML

Windows: Markdown is an awesome formatting language that lets you create rich documents using plain text syntax, and MarkdownPad puts it to great use Windows.

The app is a dual pane affair, with a preview panel on the right to show you exactly how your Markdown is formatting. You don't even need to click over to the panel to update it, since it updates live with every keystroke - a very nice touch. Once you're done writing, you can export your document as plain text, as a markdown file, or as HTML if you're building web pages. If you aren't happy with how some elements render within the app, you can even add custom CSS to the app to change how they display.

The free version of MarkdownPad is incredibly powerful, but a $14.95 upgrade to the pro version gets you a ton of extra options, including a horizontal panel arrangement, PDF exporting, and the ability to use a few different forks of Markdown if vanilla doesn't cut it for you. If you have any interest in Markdown, and you're a Windows user, this is definitely worth a download.

MarkdownPad (Free/$14.95)

Source: http://feeds.gawker.com/~r/lifehacker/full/~3/Q7mMUdJGS0M/markdownpad-renders-markdown-in-real-time-exports-clea-929690264

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New Nexus 7 to arrive today at Best Buy

Source new Nexus 7 to arrive today at Best Buy

A tipster has told us that the latest Nexus 7 from Asus and Google will hit Best Buy stores today, and a pre-order we placed earlier for the device seems to confirm that. We put our money down for one when the order page first went up, and while the confirmation originally said it would arrive on the original July 30th launch date, it's now telling us that we can expect our tablet later today. That jibes with info we were given by a source claiming to be the manager of a Best Buy store. He said that while pre-orders started yesterday, "there were few (of them) in my region," meaning that "if you are present at a (Best Buy) location today at opening, you have a good chance of buying the tablet." He added that some stores don't have stock yet due to agreements with Google, but pre-orders are still possible at those locations. Until we receive confirmation, however, you may not want to make a long journey to one of the outlets. Meanwhile, we've reached out to both Google and Best Buy.

[Thanks, Anonymous]

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/FlODOPqrS6k/

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Sky TV launches their own Apple TV competitor for the low low price of ?9.99

British pay-TV provider Sky has released their own Apple TV competing streaming box under their Now TV brand. The box ? which is essentially a Roku box re-branded ? costs a ridiculously low ?9.99 including shipping, and will stream services from Now TV, Spotify and the BBC among others. From the Now TV announcement:

Despite the explosion in devices such as games consoles and connected TVs, there are still up to tens of millions of TVs in the UK that can?t currently connect to the internet. If you own one of these TVs, the NOW TV Box is the perfect way to watch your favourite content back on the big screen.

The Apple TV already sets the bar as far as TV-connected streaming boxes goes, with a decent selection of content available in an already reasonably priced package. Google now has Chromecast, a $35 dongle that brings connected content to your TV via your Android or iOS device, but Sky has managed to price theirs so low that it becomes a true impulse buy.

But, in being only ?9.99, the Now TV box is effectively subsidized. In buying one, to get to the premium content you'll require a paid subscription either to Now TV or the Sky Movie pass. A 30-day free trial of the latter is available to get you up and running, but it's not terribly clear whether or not you'll need to keep paying a subscription in order to access the non-Sky content after that 30-days such as Spotify, Flickr, BBC iPlayer and Demand 5. If that's the case, it's a disappointment, but you can't fault Sky for their business model in trying to get people to adopt their online platform.

It also poses a good question in relation to the Apple TV, especially with rumors being rife about a hook-up with Time Warner Cable. Now TV offers ? albeit at a pretty steep price ? a la carte subscriptions to Sky Sports, a premium pay-channel package, in daily installments. It's about 10x more expensive than a monthly subscription if you bought it every day, but you're not going to buy it every day. You only pay when you want to watch. Pricing aside, is this the kind of model you'd be happy to see for more services to hit the Apple TV?

Source: Now TV

More: Win an Apple TV courtesy of iMore!

    


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