Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/305081016?client_source=feed&format=rss
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Sunday, May 12, 2013
Dollar rises above 100 yen for 1st time in 4 years
TOKYO (AP) ? The dollar soared above 100 yen for the first time in more than four years Friday, driven by aggressive credit-easing aimed at reviving Japan's sluggish economy and improved U.S. economic figures.
The U.S. dollar rose as high as 101.30 yen, the first time since April 2009 that the greenback has traded above 100 yen. The move lifted Japanese stocks to their highest level in more than five years.
The weaker yen is a boon to Japan's major auto and electronics exporters. The government said the yen's fall signaled that Prime Minister Shinzo Abe's policy mix of increased public spending and aggressive monetary easing, dubbed "Abenomics," was proving successful. Kick-starting the economy has been Abe's top priority since he took office late last year.
"With Abenomics, we hope that the Japanese economy will grow and can contribute to the global economy," said Yoshihide Suga, the chief Cabinet spokesman. "It's better that stocks are high than low. We believe this is a sign that our policies are progressing well."
Japan's Nikkei 225 stock average jumped 2.9 percent to 14,607.54, its highest close since January 2008.
The central bank's monetary easing, and expectations it will help reverse persistent deflation, have helped drive the value of the yen down by more than 20 percent against the dollar since October, when it was trading at around 78 yen.
The yen's sustained fall has riled some of Japan's trading partners but generally won support from leaders of other major economies eager to see the world's third-biggest economy recover from two decades of stagnation. Abe has pushed both fiscal and monetary stimulus strategies to help Japan end a long bout of deflation and support domestic demand.
Japanese officials have fought accusations that Tokyo may be manipulating its currency to give its exporters a boost, and so far international financial institutions generally have backed Abe's approach.
"The yen's value is at a reasonable level, since the accommodative plan of the Bank of Japan is quite ambitious," Naoyuki Shinohara, deputy director of the International Monetary Fund, told reporters in Tokyo. "The easy monetary policy will cause the currency to depreciate. That is axiomatic," he said.
Optimism about the U.S. economy also lifted the dollar after several positive indicators were released. The Labor Department said Thursday that unemployment claims fell to the lowest level in more than five years. And last week, figures showed that the U.S. economy had added 165,000 jobs in April, lowering the unemployment rate fell to 7.5 percent.
"Worries began to grow that U.S. economy wasn't doing so well, but in May the figures improved. So with concerns about the U.S. easing, the dollar is rising," said Takuya Kanda, a currency analyst at Gaitame.com Research Institute in Tokyo.
"If U.S. economy improves, and the Bank of Japan's aggressive easing continues ... that will lead to further dollar strength and yen weakness," said Kanda, who predicts the dollar will rise to 110 yen this year.
A weaker yen helps Japan's key exporters by boosting overseas earnings when repatriated and by making goods produced within Japan for export more affordable in markets abroad. However, it raises costs in yen terms of the imported crude oil and natural gas that resource-scarce Japan must rely on to keep its industries humming and power its cities.
Japan's long robust trade surpluses have turned to deficits in the past two years, after demand for imports of oil and gas rose due to the closure of nuclear power plants following the March 2011 tsunami.
The current account balance, which includes financial flows, has remained positive. However the current account surplus fell to 4.3 trillion yen ($43 billion), its lowest level ever, in the fiscal year that ended March 31, down 43.6 percent from a year earlier, according to data released Friday.
The central bank, under its new governor Haruhiko Kuroda, has vowed to double the monetary base through purchases of government bonds to meet a 2 percent inflation target within the next two years.
By joining the U.S. Federal Reserve and other major central banks in flooding the economy with cash, the Bank of Japan hopes to get corporations and consumers to begin spending more and end a long malaise.
But Abenomics faces risks, too, including the impact of increased public spending on Japan's already enormous national debt and whether higher inflation will also push up interest rates, raising borrowing costs.
"I think Abenomics is being evaluated well so far," Kanda said. "But people will be watching closely how his policies will unfold and impact the broader economy."
Shinohara, the IMF official, said he believed Japan's financial markets would adjust after a period of volatility brought on by its massive monetary easing, but he expressed concern over the country's burgeoning public debt, which is more than twice the size of its economy and double the average for other industrial economies.
"The IMF's mission is to watch for risk factors, and the fiscal stimulus is of concern because it must be accompanied by a credible plan for fiscal consolidation."
Source: http://news.yahoo.com/dollar-rises-above-100-yen-1st-time-4-015957510.html
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Saturday, May 11, 2013
Video: The Deficit Game Changer
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Source: http://www.nbcnews.com/video/cnbc/51848337/
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Friday, May 10, 2013
Video: Betting Big on Casino Stocks
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Source: http://www.nbcnews.com/video/cnbc/51820410/
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A Free After Contract Lumia 920 Is Your Deal of the Day
The Lumia 920 is the best Windows 8 phone you can currently buy. Sure, it might have a little too much junk in the trunk
Also, if you wanted the HTC First, the heralded Facebook phone?and the only HTC LTE phone that can run stock Android?it's only a buck after contract. [AT&T]
Top Deals
? Lumia 920 with 2-Year AT&T Contract ($0) | AT&T
? HTC First with 2-Year AT&T Contract ($1) | AT&T
For a steady stream of true deals, updated daily, check out deals.kinja.com. And if you've got a Kinja account, click that little grey (+) next to the banner to follow. [Deals Kinja]
Accessories
? 16GB Samsung SDHC Card ($12.59) | Newegg via Edealinfo | Originally $20 | Use coupon code EMCXRXN64
? 128GB Lexar Pro SD Card ($119) | Adorama via Photography Bay | Originally $150
? 1TB LaCie Thunderbolt HD ($150) | MacMall via 9to5Toys | Originally $300
Miscellaneous
? Chef Works Apron ($9.85) | Amazon via Reddit | Originally $20
? LEGO Architecture White House ($35) | Amazon via Ben's Bargains | Originally $50
? Fenix Cree XP-G LD22 Flashlight ($40) | Amazon via Ben's Bargains | Originally $60
Gaming
PC
The Humble Double Fine Bundle [PC/Mac/Linux]
? Pay anything to get Costume Quest, Stacking, Psychonauts
? Pay ($1+) for [Steam] keys
? Beat the average ($8.09+) to get Brutal Legend
? Pay ($35) to pre-order Broken Age (and get everything else)
Tropico Bundle | IndieGala
? Pay what you want for Tropico Reloaded, min. $1 for [Steam] key
? Pay ($5.20+) for Tropico 3 - Steam Special Edition
? Pay ($9.10+) for Tropico 4 - Steam Special Edition
? The FREE Bundle #6 | 5 games including The Silver Lining
? Dishonored ($30) | Steam via Hard Forum | Originally $60
PS3
? Mass Effect Trilogy ($40) | Amazon via Deals
? Pre-order Kingdom Hearts HD 1.5 Remix ($40) | Amazon via Daily Game Deals | Includes limited edition art book.
? Skyrim ($30) | Amazon
Xbox
? Mass Effect Trilogy ($40) | Amazon via Deals
? FREE Doritos Crash Course 2 | Microsoft
? Skyrim ($30) | Amazon
? Kingdoms of Amalur: Reckoning ($20) | Amazon
? Fallout: New Vegas Ultimate Edition ($20) | Amazon
As always, for more gaming deals you've got to check out the Moneysaver
Audio
? Sennheiser PMX680 Sports Earubds ($24) | VMInnovations via Edealinfo | Originally $30 | Try coupon code FACEBOOK
? AKG HD 142 Open Headphones ($73) | World Wide Stereo via Dealmac | Originally $100 | Use coupon code DNEWS142
Clothing
? JC Penney Oxford Cloth Shirt ($21) | JC Penney via Reddit | Originally $40 | Use coupon code SPREE10
? Buy One Get One Half Off T-Shirts at ThinkGeek | ThinkGeek via Fatwallet
? 30% off J. Crew Sale | J. Crew via Put This On | Use coupon code SUNSHINE
Dumb TV ? Smart TV
Nope.
Physical Media
? Sin City ($5) | Best Buy via Deals Kinja
? Gladiator ($13) | Amazon via Brand Name Coupons | Originally $20
? Chinatown ($15) | Amazon via Brand Name Coupons | Originally $20
? Django Unchained ($18) | Amazon via Deals Kinja
Digital Media
Nah.
Laptops
? Dell Inspiron 13Z ($381) | Newegg via Ben's Bargains | Originally $500
Desktops
? Asus EEE Box w/ 32GB SSD + Atom processor ($189) | Amazon via Fatwallet | Originally $250 | Use coupon code INTELPCS
? Dell Precision w/ Intel Xeon + NVIDIA Quadro 2000 ($700) | Dell via Edealinfo | Originally $1000
Tablets
? Refurb 7" Samsung Galaxy Tab ($129) | Daily Steals via Ben's Bargains
Screens
? ViewSonic 24" 1080p Monitor ($140) | Amazon via Deals Kinja
? 50" 1080p Seiki HDTV ($400) | Sears via Edealinfo | Originally $600
? 27" LG IPS Monitor ($700) | Newegg via Dealmac | Originally $850 | Use coupon code EMCYTZT3417
Portables
? Verizon Microsoft Kin ($25) | Dailysteals via Edealinfo
? Unlocked Blackberry Z10 ($610) | Newegg via Edealinfo | Originally $690 | Use coupon code EMCXRXN222
Camera
? Canon PowerShot ELPH 520 ($129) | via Photography Bay | Originally $180
? Rokinon 35mm f/1.4 Wide Angle Lens for Canon or Sony ($359) | BuyDig.com via Ben's Bargains | Originally $500 | Use coupon code PhotoPro125
? Samsung NX100 + 2 Lenses ($400) | B&H Photo via Photography Bay | Originally $600
? Nikon D600 Bundle ($2400) | B&H Photo via Photography Bay | Originally $2800
Bare Drives
? 250GB Samsung 840 SSD ($160) | Rakuten via Ben's Bargains | Originally $200 | Use coupon code 52331CF
? 500GB Samsung 840 ($325) | Ecost via Edealinfo | Originally $350
Apps
iOS
? AirDisk Pro ($0) | iTunes via Appshopper | Originally $2
? Read Quick ($0) | iTunes via Appshopper | Originally $4
iPad Only
? Fetch ($3) | iTunes via Appshopper | Originally $4
Android
? My Kingdom for the Princess ($0) | Amazon Appstore via Brand Name Coupons | Originally $4
? NFL Kicker 13 ($0) | Google Play via Appsales | Originally $2
? Strategy & Tactics: WW II ($1) | Google Play via Reddit | Originally $5
? Liquid Cloud Live Wallpaper ($1) | Google Play via Appsales | Originally $2
? Robird ($1) | Google Play via Appsales | Originally $2
? IM+ Pro ($2) | Google Play via Appsales | Originally $5
? Giana Sisters ($2) | Google Play via Appsales | Originally $4
Hobomodo
No freebies.
Keep up with Kif Leswing on Kinja and Twitter. Check out The Moneysaver for more great tech deals, and deals.kinja.com for even more discounts.
A note on Dealzmodo: We're professional shoppers. Yes, we make money if you end up buying. That's capitalism, but we're absolutely looking out for your best interest. Read this if you want to know more
Source: http://gizmodo.com/a-free-with-contract-lumia-920-is-your-deal-of-the-day-496462500
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Thursday, May 9, 2013
DOS DE DOS PARA CAVENDISH
*Por Ander Restoy (KirolmaniaWeb)
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Los sprinters puros tienen pocas oportunidades en el presente Giro y ya han pasado dos de ellas. Hoy, en la segunda, Mark Cavendish ha repetido triunfo en la meta de Margherita di Savoia, tras otro final complicado, aunque este a priori no lo parec?a, y en donde el circuito final, los nervios por no ceder posiciones y las ganas de los sprinters por hacerse con un triunfo han jugado una mala pasada a los ciclistas. M?s de uno ha besado el suelo.
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Se sab?a de antemano que la jornada no iba a tener mucha historia. Poco movimiento iba a existir aunque siempre hay alg?n valiente. En este caso dos, Cameron Wurf (Cannondale) y Jack Bobridge (Blanco). Cuando la ventaja de los fugados fue aumentando considerablemente, m?s all? de los seis minutos, el pelot?n se puso manos a la obra y fue jugando con la pareja escapada. Ahora te recorto cuatro minutos, s?, pero te dejo a dos y medio de diferencia hasta que vea el momento de pegarte el hachazo final. El gran grupo lo dirig?a el Omega Pharma Quick Step, sabedor de que no pod?an dejar escapar una opci?n de oro.
Justo cuando iban a ser cazados los fugados, y poco antes de entrar en el circuito final, una ca?da cortaba el pelot?n y dejaba a varios de los favoritos cortados, entre ellos a un Bradley Wiggins que adem?s ya ven?a retrasado por culpa de un pinchazo anterior. Otros que al parecer se quedaron en el segundo grupo fueron Evans o Nibali. Aunque la ventaja lleg? a ser de un minuto entre el pelot?n principal, comandado t?mida y brevemente por Katusha, y los rezagados, el susto no pas? a mayores y todos volvieron a juntarse.
Aunque en este caso puede entenderse todo como un simple acto de deportividad, cuesta entender que delante nadie apretara de verdad. Al parecer estaban, entre otros, Samuel S?nchez, Be?at Intxausti o Robert Gesink. Sus equipos pod?an haber aprovechado la oportunidad para meter un tiempo de oro a ciclistas que a priori estar?n por delante suyo en la General, sobretodo un Wiggins que en la crono del s?bado dar? buena cuenta de sus dotes como contrarrelojista. Ninguno hizo amago de apretar y, quiz?s, con que uno de los equipos de alguno de esos corredores pusiera a dos o tres hombres a tirar hubiera bastado para que el resto hiciera lo mismo. Se pudo haber armado una escabechina, una preciosa pelea entre los dos grupos con poco m?s de 30 kil?metros por delante pero no. Hoy en el eterno debate de si se debe esperar o no, la balanza cay? en el lado del s?.
De ah? al final de etapa poco que rascar. Nervios, peleas por la posici?n y el pelot?n lanzado buscando el sprint. Destac? la presencia de propio Wiggins en cabeza tirando del pelot?n, a?n a sabiendas de que no tiene un sprinter que pudiera buscar el triunfo final. Quiz? fuera un regalo para su ex compa?ero Cavendish. O quiso hacer ver que est? muy bien. Incluso una demostraci?n de fuerza, cresta de gallo incluida, avisando de lo que puede ocurrir en la crono. Qui?n sabe, el brit?nico cuando quiere -casi siempre- es un enigma.
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NADIE TOSE A CAVENDISH
En la volata se vivi? otro sprint ca?tico, con lanzadores tirando de ciclistas de equipos que no eran el suyo, otros busc?ndose la vida en solitario y solamente uno, Mark Cavendish, con la ayuda de un portentoso Gert Steegmans que le lanz? a 150 metros de la l?nea de meta. Nadie tosi? al velocista de la Isla de Man. Segunda oportunidad y segunda victoria. Con palabras de recuerdo para Weylandt.
Solo Bouhanni parece capaz de pelear de t? a t? con ?Cavs?, pero por unas o por otras nunca puede disfrutar de una llegada tranquila y limpia. El manillar dio buena cuenta del cabreo del franc?s.
Para ma?ana queda una jornada rompepiernas. Una etapa de media monta?a con cuatro cotas puntuables, pero que adem?s contar? con otras diez. En los ?ltimos 70 kil?metros -de un total de 177- diez subidas que calentar?n de lo lindo a los ciclistas. La gran duda es si alguno lo intentar?. Con la crono tan cerca quiz? ninguno de los favoritos se atreva a gastar m?s fuerzas de las necesarias. Aunque por otro lado, aquellos que se saben derrotados en la contrarreloj podr?an intentar minimizar los da?os preparando una batalla total camino de Pescara.
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***Por ANDER RESTOY (KirolmaniaWeb)
***Foto: esciclismo.com
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Tags: * GIRO DE ITALIA, 2013, art?culo, ciclismo, kirolmania
Source: http://www.elpedaldefrodo.com/dos-de-dos-para-cavendish/
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Friday, May 3, 2013
Native American tribe plans to dub 'Star Wars' in Navajo
By David Schwartz
PHOENIX (Reuters) - The largest Native American tribe in the United States is seeking to dub the classic 1977 movie "Star Wars" movie in Navajo as a way to help preserve its traditional language.
Fluent Navajo speakers have been invited for a casting call in Window Rock in northern Arizona on Friday and Saturday to dub the roles of Luke Skywalker, Han Solo, Princess Leia and others, tribal officials said.
Manuelito Wheeler, the director of the Navajo Nation Museum, said he first came up with the idea 13 years ago as a way to preserve the consonant-rich Navajo language, believed to be spoken by about 170,000 people, according to government figures.
"We thought this would be a provocative and effective way to help try to preserve the language and at the same time preserve the culture," Wheeler told Reuters. "What better movie to do this than ?Star Wars?'"
Wheeler said he believes the popular science fiction movie will resonate with the Navajo people with its universal theme of good versus evil.
The project was given the go-ahead about 18 months ago.
A team of five Navajos then spent 36 hours translating the original script, hampered by the many words in English that do not translate word for word into Navajo. Instead, several words in Navajo are sometimes needed to convey the proper meaning.
For example, he said there is no direct translation for "May the force be with you," one of the most recognizable lines in the movie.
Wheeler declined to reveal the Navajo words used for that and other catch-phrases, as a way to "build momentum" leading up to the movie.
"What we want to avoid is like the Kung Fu movies of the past where the lips didn't match up with the words they were speaking," he said.
Casting for the voices of the movie's major roles will be held at the museum in Window Rock. About 75 people have registered to audition.
The finished movie, which will include English subtitles, will be shown during the tribe's Fourth of July celebration in Window Rock and again in September at the Navajo Nation Fair.
(Editing by Tim Gaynor, Edith Honan and Cynthia Osterman)
Source: http://news.yahoo.com/native-american-tribe-plans-dub-star-wars-navajo-005303832.html
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