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Source: http://www.mobiletechreview.com/ubbthreads/showflat.php?Board=news&Number=44219
Wednesday, February 13, 2013
U.S. economy set to build housing jobs, Goldman Sachs says
Housing-related job growth is expected to accelerate this year and in 2014 as the market heats up, though employment will remain below peak levels for up to another nine years, according to a research note from Goldman Sachs analysts.
Employment growth related to residential investment will accelerate to 25,000 to 30,000 jobs per month, compared with an average gain of about 14,000 per month over the past year, according to Goldman Sachs. Such growth is good for a wide variety of workers. Residential-investment-related employment includes contractors, remodelers, manufacturers, furniture-store employees, real-estate agents and others.
Persistently low interest rates and increasing household formation are supporting demand. Indeed, construction spending is rising, as are trends for home prices and home-builder sentiment. Meanwhile, public home-building companies /quotes/zigman/1496092 /quotes/nls/itb ITB have seen their shares skyrocket over the past year.
It?s clear that the housing market is finally boosting overall U.S. economic growth. Fixed residential investment added to economic growth in 2012 for its first annual contribution since 2005. View charts about housing growth. As residential-investment output continues to grow, it?s expected that firms will increasingly turn to new workers. After all, paying overtime can be expensive, and current construction workers? hours are already above levels at the start of the recession.
But there?s a big jobs hole to fill, and even as growth accelerates, residential investment-related employment won?t hit bubble-peak levels for another seven to nine years, Goldman Sachs analysts estimated. Currently, there are about 6.6 million jobs in residential-investment related industries, down 2.6 million from a 2006 peak. Just looking at residential-construction employment, which accounts for almost one-third of the residential-investment-related category, currently there are 1.4 million fewer jobs than the peak level. Non-construction residential-investment-related employment accounts for the remainder of the residential-investment-related category, and these industries are down 1.2 million jobs from the peak.
?Ruth Mantell
Follow Ruth on Twitter @ruthmantell
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Fugitive ex-LA cop charged with murder of officer
RIVERSIDE, Calif. (AP) ? A fugitive ex-Los Angeles police officer was charged Monday with murdering a Riverside officer in a potential death penalty case, but hundreds of tips triggered by a $1 million reward failed to end the manhunt.
Christopher Dorner was also charged with the attempted murder of another Riverside officer and two Los Angeles Police Department officers, Riverside County District Attorney Paul Zellerbach said.
The LAPD officers and the Riverside officers were fired on in two separate shootings early Thursday after Dorner, 33, became the target of a manhunt following the killing in Irvine of a former LAPD captain's daughter and her fiance the previous weekend.
"By both his words and conduct, he has made very clear to us that every law enforcement officer in Southern California is in danger of being shot and killed," Zellerbach said at a news conference guarded by four officers armed with rifles.
Authorities obtained a no-bail arrest warrant, which allows Dorner to be apprehended anywhere, Zellerbach said.
Meanwhile, U.S. border inspectors warned that the search for Dorner has created unusually heavy traffic backups at California border crossings into Mexico.
Baja California state police agents were given photographs of Dorner and warned to consider him armed and extremely dangerous.
Authorities said they were investigating more than 700 tips after offering a $1 million reward for information leading to the arrest of Dorner, who is believed to have written a Facebook rant against those he held responsible for ending his LAPD career five years ago, when a department board determined that he falsely claimed another officer had kicked a suspect.
"Some people are from his past, some people think they saw him yesterday, some think they have information about where he will be," police Lt. Andrew Neiman said.
Police and city officials believe the reward, raised from both public and private sources, will encourage the public to stay vigilant.
"Now it's like the game show 'Who Wants to be a Millionaire,'" said Anthony Burke, supervisory inspector for the U.S. Marshals regional fugitive taskforce. "Instead of one contestant, we've got 100,000, and there's only one question you have to answer. All they have to answer is where he's at, and we can take it from there."
Meanwhile, LAPD resources remained strained as the department deployed 50 protection details to guard officers and their families who were deemed possible targets.
The charges filed in Riverside County did not include the Irvine killings.
Monica Quan, a former LAPD captain's daughter, and her fiance were found shot dead Feb. 3 in a car in the parking structure of their condominium. Dorner was named as the suspect in those killings on Wednesday.
A federal agent who requested anonymity because of the ongoing investigation said officials had determined a call telling Quan's father, Randal Quan, that he should have done a better job of protecting his daughter was a prank.
The violence escalated early Thursday in Riverside County, when police say Dorner got into a shootout with police in Corona, grazing an LAPD officer's head with a bullet before escaping. Authorities believe Dorner then used a rifle to ambush the two Riverside police officers, killing one and seriously wounding another. The slain officer was identified as Michael Crain, 34.
Late last week, the manhunt focused on the Big Bear area of the San Bernardino Mountains, where authorities found Dorner's burned-out truck with weapons and camping gear inside.
A greatly reduced force of 30 deputies searched there for the fifth day on Monday.
___
Abdollah reported from Los Angeles. AP writer Elliot Spagat contributed to this report from San Diego. Abdollah can be reached at http://www.twitter.com/LATams.
Source: http://news.yahoo.com/fugitive-ex-la-cop-charged-murder-officer-211145013.html
Tuesday, February 12, 2013
Nigeria coach Stephen Keshi hands in resignation after winning 2013 Afcon title
The Super Eagles won the continental title by beating Burkina Faso on Sunday, but their boss has promptly left his post, claiming he was doing what he felt was "right"
Nigeria coach Stephen Keshi has announced his resignation from the post just a day after their 2013 Africa Cup of Nations triumph.The trainer's future had been subject to speculation throughout the tournament, and he has now revealed that he gave the Nigerian Football Federation (NFF) his notice shortly after the final win over Burkina Faso.
"I did what I feel is right by resigning," he told Metro FM.
"I gave the NFF a letter last night [Sunday] after the celebrations."
The 51-year-old made 51 appearances for the Super Eagles as a player, and has held coaching posts with the Togolese and Malian national teams.
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Monday, February 11, 2013
Every Apple Product Supposedly in the Works
Source: http://feeds.gawker.com/~r/gizmodo/full/~3/46lLPXYVwgM/every-apple-product-supposedly-in-the-works
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'The Beautiful Ones Are Not Yet Born' | Morocco World News
By Mounir Beniche
Morocco World News
Meknes, Morocco, February 11, 2013
After transcending the myth of fear, many Arab countries have revolted against undemocratic regimes calling for their freedom and rights. Such an awakening has lead to the fall of some regimes and major changes in others. However, has what is the so-called the Arab Spring reached its goals?
After two years, we still see more tensions, rivers of blood, daily protests and recently political assassinations. Our horizon of expectations is shocked when we still see violent demonstrations, states? and people?s security at stake.
The post-Arab Spring ,which is supposed to be an alternative and an era of building trust between the state and people signing a new contract based on democratic values, is losing its aura. What?s happening now looks like a nightmare. Young people?s dream of embracing a new horizon, in which there is the reign of law and responsive state institutions, is shaken when scenes of chaos and disorder are still the most dominant in media coverage.
Morocco, unlike other neighboring counties, has chosen another path: change within stability. Some political analysts have seen such path as the Moroccan exception and a wise choice to not jeopardize Moroccan stability. Such a perspective hasn?t been welcomed by other political activists who are calling for more radical changes.
After conducting a democratic election and the victory of the PJD, the Islamist party, most Moroccans were delighted to have such a choice that raised in its electoral campaign a slogan targeting despotism and corruption among those in power. However, after one year most Moroccans still see no real changes. Corruption is increasing despite the efforts in the media to raise public awareness about the problem, young people with college degrees calling for jobs are badly beaten daily near the parliament, the gap between the rich and the poor is getting larger, and no real reform has occurred in the educational system, etc.
The head of the government, Abdilah Benkirane, in his frequent discourses talks about crocodiles and ghosts without mentioning them by names. He considers them the resistors of change and democracy. Hence, is such discourse tenable and practical, especially from a man who is in power and he is elected democratically? If the head of the government can?t name the cat by its name, what about the lay men and women?
Benkirane should, rather, be bold and brave enough to speak the truth and to make Moroccans, who trust his party and voted for change and democracy, aware of who these people are. Democracy building is a task based on clarity, engagement and mutual trust. Better to face people with the bitter truth than to soothe them with unforgivable excuses. Political leadership requires responsibility and taking the right decisions in due time regardless of the possible consequences. The democratization of Morocco is a process that is in need of more sacrifice and courage.
This process should involve also the opposition which seems to be divided and scattered. Worse of all, some of it is not leading even a real internal democracy. We hear daily in local newspapers about undemocratic deeds in their internal elections, subdivisions, alliances and conspiracies amidst free-floating accusations. The so called historical parties whose ex-leaders sacrificed themselves for this nation challenging all the dire conditions are now running after their own benefits and egocentrism.
The rationale behind honing in on such a political landscape, that is framing Morocco after the democratic spring, is to put us under the microscope of the bitter reality; admitting that the real waves of change are still downloading. In a nutshell, we can state as the Ghanaian author Ayi Kwei Armah wrote in his novel THE BEAUTIFUL ONES ARE NOT YET BORN .
?Mounir Beniche is a contributor to Morocco World News from Meknes
The views expressed in this article are the author?s own and do not necessarily reflect Morocco World News? editorial policy
? Morocco World News. All Rights Reserved. This material may not be published, rewritten or redistributed
Source: http://www.moroccoworldnews.com/2013/02/77951/the-beautiful-ones-are-not-yet-born/
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Pope to leave behind a Church in crisis
AFP - Pope Benedict XVI will leave behind a Catholic Church grappling with crises from child abuse scandals involving priests to confronting radical Islam as well as struggling to find its place in an increasingly secular Western world.
German cardinal Joseph Ratzinger, who will step down at the end of this month after an eight-year pontificate, was elected pope on April 19, 2005 at a time when anger at clerical abuse was at its height in parts of Europe and North America, shaking the faith of many ordinary Catholics.
In 2008, he became the first pope to express "shame" over the abuse and to meet victims.
But he was criticised for failing to realise the scale of the problem during his previous 24-year career as head of the Congregation for the Doctrine of the Faith, the main doctrinal body of the Church.
Widely seen as an ultra-conservative, the first German pope in history has proved in many ways more flexible and modern than his Polish predecessor.
He was the first pope to speak about the possibility of using a condom, although only in the very specific case of a sex worker with AIDS.
In a book of interviews that came out in 2010 entitled "Light of the World" he said this could be a first step towards a "more humane sexuality".
He has also avoided giving moral lessons and has spoken -- often in a very personal way -- on matters of faith.
Benedict focused his papacy on restoring the Catholic Church's identity, improving the coherence of its message and pushing for a respectful dialogue with other faiths and with atheists.
He has seen himself as a source of stability amid lingering uncertainties following the Second Vatican Council in the 1960s and the pontificate of John Paul II, which was marred by the late pope's long illness and his hugely conservative outlook.
Nicknamed "God's Rottweiler" in Germany for his strictness while at the Congregation for the Doctrine of the Faith, Benedict began stamping his authority on the Church even before becoming pope.
As pope, he preferred to be surrounded by prelates who were loyal to the faith and he was always distant from the intrigues of the Curia, which eventually caught up with him last year.
The "Vatileaks" scandal in which hundreds of confidential papal memos were leaked to the press by his once loyal butler Paolo Gabriele revealed serious tensions in the Vatican, particularly between conservatives and progressives, advocates of transparency and of secrecy.
A reserved man, people who have met him say Benedict is attentive and hospitable in person.
He has been keen to communicate through new media, becoming the first ever pope with a Twitter account.
He has said he believes the Church will be marginalised if it does not keep up with the times.
At the same time, he has also said Christianity will only remain credible in the modern world if it is demanding.
A smaller and more confident Church is preferable to a vague community of faith, he has said.
Concerning internal reforms, he has ruled out any change on the rule of priestly celibacy.
He also opened the door to conservative Anglicans opposed to the ordination of women and gay people.
At the same time, he increased dialogue with Orthodox believers and with Protestants.
Initially shunned by Muslims over some misunderstood and controversial comments linking the religion to violence, he multiplied his appeals in recent years for a peaceful coexistence between the world's two great monotheistic religions.
He has however been less of a diplomat than his predecessor John Paul II, calling for greater openness in China and peace in the Middle East with little tangible effect.
Source: http://www.france24.com/en/20130211-pope-leave-behind-church-crisis
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