Tuesday, April 30, 2013

Rick Perry Disgusted By "Booming Business" Cartoon

Source: http://www.thehollywoodgossip.com/2013/04/rick-perry-disgusted-by-booming-business-cartoon/

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Medication errors also happen at home: study

By Andrew M. Seaman

NEW YORK (Reuters Health) - While doctors and nurses can make mistakes with medications in hospitals, a new study says drug errors often happen at home and can lead to harm.

Researchers observed 72 medication mistakes at homes where 92 children with cancer were being cared for between November 2007 and April 2011.

"I was surprised by how much we found," said Dr. Kathleen Walsh, the study's lead author from the University of Massachusetts School of Medicine in Worcester.

Previous research by Walsh and her colleagues found that children getting their cancer medicines at home are vulnerable to mistakes. Specifically, they found between 10 percent and 40 percent of oral chemotherapy treatments are missed.

For the new study, Walsh and her colleagues had nurses visit the homes of 92 children with cancer while their parents or guardians were giving them their medicine.

The children were from three medical centers around the U.S. and - on average - about seven years old. Each child took about 10 medications at home. In most cases, mothers were the people responsible for the treatments.

Overall, the researchers reviewed information on almost 1,000 medications and witnessed children getting their medicines 242 times.

There were 72 medication errors recorded, including four that injured the children and 40 that had the potential to cause injury.

The four errors that caused injuries were from children not receiving the proper doses of their medications, which resulted in severe upset stomachs, pain and agitation.

And while 40 were listed as only having the potential to cause injury, some of those were also quite serious.

For example, Walsh told Reuters Health that one family had been sprinkling chemotherapy on their child's food instead of giving the child the pill. Unfortunately, that made the treatment ineffective.

A group of doctors who reviewed the errors found better communication between families and physicians could have prevented over a third of the mistakes.

Walsh also told Reuters Health their new study probably underestimates the actual rate of medication errors among children with cancer, because they only recorded what they saw.

"The way we gathered the data limited the number of errors we were going to find to some extent," she said.

PREVENTION RESEARCH NEEDED

Dr. Christopher Landrigan, who wrote a commentary accompanying the new study, told Reuters Health it's not clear "what will be the best approach outside of the hospital."

Landrigan, an associate professor of medicine and pediatrics at Harvard Medical School in Boston, said that improving communication between doctors, pharmacists and families, and making the information on medication easier to understand, could help.

Last year, a study found that the information sheets included in many medications are too complex for the average person to understand (see Reuters Health article of December 14, 2012 here: http://reut.rs/11Sl0YQ ).

"Clearly we are in need of proactive prevention strategies to reduce the error rate," said Dr. John Maris, director of The Children's Hospital of Philadelphia's Center for Childhood Cancer Research.

Maris, who was not involved with the new research, said one possible strategy is for parents to receive text messages about correct drug doses. He also said the new study is a reminder that doctors shouldn't overprescribe medicine.

"There are a number of medications we use every day that can be dangerous if we don't use them properly," said Walsh.

SOURCE: http://bit.ly/11wIJNN and http://bit.ly/12IS4UD, Pediatrics, online April 29, 2013.

Source: http://news.yahoo.com/medication-errors-happen-home-study-194530664.html

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Microsoft says Illumiroom isn't yet ready for next Xbox, but will get public demo in July (video)

Microsoft says Illumiroom isn't yet ready for next Xbox, but will get public demo in July

Since we saw Illumiroom at CES in January, the technology has come quite a ways. But while it's still a spectacular technology display, don't look for it to pop up in any Xbox announcements in the near future. In fact, Microsoft Research's Hrvoje Benko and Brett Jones told us during a interview that while they have Illumiroom technology working well at this point, they're not likely to even demo it to the public until July at Siggraph.

That's not to say that you're not going to want it. The researchers showed in detail exactly how it works: they use a Kinect to scan your living room, then project a series of "illusions" onto it with a wide-screen projector, getting the colors just right using a technique called "radiometric compensation." The projector and Kinect can be mounted in any convenient spot in the room, like the ceiling or a table. While the technology can be used with other forms of entertainment, researchers concentrated on gaming, since they're able to generate source material that works well with the effects. Some of those illusions include "focus," which displays special effects around the images, "segmented focus," to extend the display to portions of the living space (requiring extra material to be generated), and "appearance," changing the look of your room by giving it a cartoon appearance, for instance. Despite the still-early phase of the research, it's definitely whetting our appetite for more -- and you can see a full video of the presentation after the break.

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Source: http://www.engadget.com/2013/04/30/microsoft-illumiroom-researchers/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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How we decode 'noisy' language in daily life: How people rationally interpret linguistic input

Apr. 29, 2013 ? Suppose you hear someone say, "The man gave the ice cream the child." Does that sentence seem plausible? Or do you assume it is missing a word? Such as: "The man gave the ice cream to the child."

A new study by MIT researchers indicates that when we process language, we often make these kinds of mental edits. Moreover, it suggests that we seem to use specific strategies for making sense of confusing information -- the "noise" interfering with the signal conveyed in language, as researchers think of it.

"Even at the sentence level of language, there is a potential loss of information over a noisy channel," says Edward Gibson, a professor in MIT's Department of Brain and Cognitive Sciences (BCS) and Department of Linguistics and Philosophy.

Gibson and two co-authors detail the strategies at work in a new paper, "Rational integration of noisy evidence and prior semantic expectations in sentence interpretation," published today in the Proceedings of the National Academy of Sciences.

"As people are perceiving language in everyday life, they're proofreading, or proof-hearing, what they're getting," says Leon Bergen, a PhD student in BCS and a co-author of the study. "What we're getting is quantitative evidence about how exactly people are doing this proofreading. It's a well-calibrated process."

Asymmetrical strategies

The paper is based on a series of experiments the researchers conducted, using the Amazon Mechanical Turk survey system, in which subjects were presented with a series of sentences -- some evidently sensible, and others less so -- and asked to judge what those sentences meant.

A key finding is that given a sentence with only one apparent problem, people are more likely to think something is amiss than when presented with a sentence where two edits may be needed. In the latter case, people seem to assume instead that the sentence is not more thoroughly flawed, but has an alternate meaning entirely.

"The more deletions and the more insertions you make, the less likely it will be you infer that they meant something else," Gibson says. When readers have to make one such change to a sentence, as in the ice cream example above, they think the original version was correct about 50 percent of the time. But when people have to make two changes, they think the sentence is correct even more often, about 97 percent of the time.

Thus the sentence, "Onto the cat jumped a table," which might seem to make no sense, can be made plausible with two changes -- one deletion and one insertion -- so that it reads, "The cat jumped onto a table." And yet, almost all the time, people will not infer that those changes are needed, and assume the literal, surreal meaning is the one intended.

This finding interacts with another one from the study, that there is a systematic asymmetry between insertions and deletions on the part of listeners.

"People are much more likely to infer an alternative meaning based on a possible deletion than on a possible insertion," Gibson says.

Suppose you hear or read a sentence that says, "The businessman benefitted the tax law." Most people, it seems, will assume that sentence has a word missing from it -- "from," in this case -- and fix the sentence so that it now reads, "The businessman benefitted from the tax law." But people will less often think sentences containing an extra word, such as "The tax law benefitted from the businessman," are incorrect, implausible as they may seem.

Another strategy people use, the researchers found, is that when presented with an increasing proportion of seemingly nonsensical sentences, they actually infer lower amounts of "noise" in the language. That means people adapt when processing language: If every sentence in a longer sequence seems silly, people are reluctant to think all the statements must be wrong, and hunt for a meaning in those sentences. By contrast, they perceive greater amounts of noise when only the occasional sentence seems obviously wrong, because the mistakes so clearly stand out.

"People seem to be taking into account statistical information about the input that they're receiving to figure out what kinds of mistakes are most likely in different environments," Bergen says.

Reverse-engineering the message

Other scholars say the work helps illuminate the strategies people may use when they interpret language.

"I'm excited about the paper," says Roger Levy, a professor of linguistics at the University of California at San Diego who has done his own studies in the area of noise and language.

According to Levy, the paper posits "an elegant set of principles" explaining how humans edit the language they receive. "People are trying to reverse-engineer what the message is, to make sense of what they've heard or read," Levy says.

"Our sentence-comprehension mechanism is always involved in error correction, and most of the time we don't even notice it," he adds. "Otherwise, we wouldn't be able to operate effectively in the world. We'd get messed up every time anybody makes a mistake."

The study was supported by a grant from the National Science Foundation.

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The above story is reprinted from materials provided by Massachusetts Institute of Technology. The original article was written by Peter Dizikes.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


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Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/_IIiQYNk9ww/130429164950.htm

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Monday, April 29, 2013

Stars fire GM Joe Nieuwendyk after 4 seasons

(AP) ? The Dallas Stars fired general manager Joe Nieuwendyk on Sunday after four seasons, two coaches and no playoff appearances.

The dismissal came the day after Dallas completed a 22-22-4 season. The Stars missed the playoffs for the fifth season in a row.

Owner Tom Gaglardi said in a statement that Nieuwendyk represented the Stars "extremely well" and "helped put pieces in place that will once again turn this team into a contender." He added, however, the team must go "in a different direction with our intentions set on returning to the elite" of the NHL.

The team is to announce its new GM on Monday. While the Stars have not said who it is, Gaglardi is "confident we have found the right general manager to return us to the pathway of success."

The team has refused to comment on reports that Jim Nill, Detroit's longtime assistant GM, will get the job.

The future of coach Glen Gulutzan wasn't addressed by the team in its statement. Dallas holds an option for a third season for Gulutzan, who is 64-57-9 in his two seasons after ending the lockout-shortened season with a 3-0 home loss to Detroit. The Stars dropped their last five games and won only once in their last seven after a five-game winning streak.

When asked about his job after Saturday night's game, Gulutzan said that wasn't under his control. He did praise Nieuwendyk.

"All I can say is that Joe's been tremendous for me. I think he's done a hell of a job," Gulutzan said. "You can see with our farm team and the young guys that we have here."

As a player in Dallas, Nieuwendyk won the Conn Smythe Award as playoff MVP in 1999 when the Stars won their only Stanley Cup.

When hired by Nieuwendyk two years ago to replace the fired Marc Crawford, the 41-year-old Gulutzan had never coached in the NHL. Gulutzan had been a successful minor league coach.

Crawford was hired following Dave Tippett's firing in 2009, after the Stars missed the playoffs a year after making it to the Western Conference finals. Tippett later that year replaced Wayne Gretzky as coach in Phoenix and led the Coyotes to the playoffs. He was honored as the league's top coach.

The Stars weren't eliminated from the playoff chase until Thursday night. They stayed in postseason contention even after longtime captain Brenden Morrow was traded, a week before 41-year-old points leader Jaromir Jagr and Derek Roy were dealt at the trading deadline.

Dallas got several young players and extra draft picks in those deals. Within days after Jagr and Roy were traded, the young Stars went on a season-best five-game winning streak.

Morrow waived his no-trade clause to go to Pittsburgh, which entered the playoffs as the No. 1 seed in the Eastern Conference. Morrow's rookie season in Dallas was 1999-2000, when the Stars were the Stanley Cup runner-up a year after their title.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2013-04-28-HKN-Stars-GM-Fired/id-154946070f534ae89d99d3291bde387d

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Adaptive Sports and Accessible Recreation Programs ...

What are adaptive sports and recreation programs??

Adaptive and accessible sports and recreation programs are recreational activities that are modified or designed to allow people with disabilities to participate. Almost any type of recreational activity can be adapted or made accessible for people with physical, visual, cognitive, or emotional disabilities.

Adaptive and accessible sports and recreation programs include a wide range of activities:


  • indoor and outdoor
  • cold weather and warm weather
  • team and individual
  • inclusive and disability-specific
  • for children, for adults, for families
  • for people with physical, intellectual, and/or emotional disabilities
  • competitive and leisure
  • Adaptive and accessible programs give children and adults with disabilities the freedom to participate in mainstream activities, to gain self-confidence, and to develop physical abilities and social skills.

Am I eligible?

Many adaptive and accessible sports and recreation programs are open to everyone. Open programs customize their activities to meet the needs of participants, regardless of the type of disability.

Some programs are disability-specific. Disability-specific programs may limit participation to people with certain types of impairments.

You should check with the programs that interest you to see if they have any restrictions.

How much does it cost?

Many adaptive and accessible sports and recreation programs are free, but some charge fees. Financial aid, scholarships, or sliding fee scales are usually available for families and individuals who need assistance.

You should check with the programs that interest you to see if they charge fees. If they do, ask about financial assistance if you need help paying.

What programs are offered in the state parks and recreation areas?
The Massachusetts Department of Conservation and Recreation (DCR) oversees the state's Universal Access Program. The Universal Access Program provides adaptive and/or accessible outdoor recreation programs for people of all abilities in state parks and recreation areas throughout Massachusetts.

Web site: Department of Conservation and Recreation's Universal Access Program
Parks and programs: Universal Access Brochure
Newsletter: Universal Access Program Newsletter, Registration Form, and Schedule
Schedule of events: Accessible Events



Activities vary from park to park. Programs include adaptive skating, skiing, sledding, and bicycling; accessible beaches with beach wheelchairs; sensory nature walks; accessible trails, fishing sites, camping, and boating; and adventure games. All of the state outdoor swimming pools have pool lifts for accessibility.

For information about specific activities, visit the following DCR web site pages:


?The DCR works together with nonprofit organizations to offer some of the state park adaptive recreation programs.

Where can I find adaptive sports and recreation programs?

The Massachusetts Universal Access Program offers a wide range of activities in state parks and recreation areas.

Other adaptive sports and accessible recreation programs in Massachusetts include:

(Note: For additional programs, see Directories below)

AccesSportAmerica
AccesSportAmerica, a national nonprofit organization based in Massachusetts, offers high-challenge sports and training programs for children and adults of all disabilities. Programs are offered year-round in the Greater Boston area. High-challenge sports include adaptive windsurfing, outrigger canoeing, surfing, water skiing, sailing, rowing, wall climbing, tennis, soccer, and cycling.

All Out Adventures
All Out Adventures is a nonprofit organization that provides year-round outdoor activities for people with disabilities and their friends and family. Programs are inclusive, allowing children and adults of all abilities to participate together. All Out Adventures runs programs for the state Universal Access Program and the Statewide Head Injury Program.

CHD Disability Resources Adaptive Sports and Activities
CHD Disability Resources' barrier-free sports and recreation programs are open to anyone with physical disabilities or visual impairments in the Springfield MA area. Adult and junior sports programs include sled hockey, swimming, cycling, golf, wheelchair basketball, soccer, and more. Adaptive sports equipment is available for borrowing for personal use.

Kids in Disability Sports (K.I.D.S.)
K.I.D.S. is a volunteer-run non-profit organization based in Lowell MA that provides a wide range of sports and recreation activities for children and young adults with special needs. K.I.D.S. specialized athletic programs serve families throughout the Merrimack Valley, and include team sports such as basketball, baseball, and soccer; as well as swimming, horseback riding, martial arts, golf, bowling, and many other activities.

Little League Baseball ? Challenger Division - Massachusetts
The Challenger Division is a special division of Little League baseball for boys and girls with physical and intellectual disabilities, ages 5 through 18 (or completion of high school). Players are placed on teams according to ability, not age, and volunteer ?buddies? help out as needed.n

Paralympics USA and Paralympic Sport Clubs
U.S. Paralympics is the division of the U.S. Olympic Committee for athletes with physical and visual disabilities. The U.S. Paralympic Team participates in the Paralympics, a competition for elite paralympic sport athletes, held at the same time and place as the Olympics.

Paralympic Sport Clubs are community-based programs where youth and adults with physical and visual disabilities can take part in paralympic sports regardless of skill level.

Special Olympics ? Massachusetts (SOMA)
The Massachusetts Special Olympics offers a wide range of Olympic-style individual and team sports and training for children and adults with intellectual disabilities. Activities are year-round, and include Winter Games, Summer Games, special tournaments, and training. The cost is free.

Sudbury Inclusive and Adaptive Sports and Recreation Program?


(not limited to Sudbury residents)
Sudbury's Adaptive Sports and Recreation Program provides year-round affordable recreation activities for children and adults with disabilities, regardless of hometown. Programs include adaptive skiing, skating, fencing, power soccer, yoga, Taekwondo, and dance. Scholarships are available.

TOPSoccer - Massachusetts Youth Soccer?


The Outreach Program for Soccer (TOPSoccer) is a community-based youth soccer program for children with physical or mental disabilities. Each program is different and is designed to meet the needs of its team members. The emphasis is on learning skills and having fun.

Ultimate Sports Program
The Ultimate Sports Program (USP) - "Social Inclusion Through Sports" - teaches sports to children with disabilities alongside their friends. The USP runs programs in various Western Massachusetts locations. All programs are free, and include swimming, basketball, sled hockey, baseball, Taekwondo, wiffleball, bowling, rock climbing, and more.




?

Directories
Other Massachusetts adaptive and accessible sports and recreation programs are listed in the following directories:

Sports and Recreation Directories
?DisabilityInfo.org

Playgrounds: Accessible and Inclusive Playgrounds
Boundless Playgrounds?
Accessible Playgrounds - Massachusetts
Accessible and inclusive playgrounds are barrier-free playgrounds where children and adults of all abilities can play together.

National Center on Physical Activity and Disability (NCPAD) - Massachusetts
Accessible Programs in Massachusetts
Programs are listed by town, or by keyword search. The NCPAD directory includes fitness programs, competitive and leisure sports, and other physical activities, with an emphasis on health benefits of physical activity.

Spinal Cord Injury Association - Greater Boston Chapter
Directory: Recreation and Sports for People with Disabilities
This directory of adaptive programs for youth and adults with spinal cord injuries includes outdoor activities, high-challenge sports, wheelchair basketball, quad rugby, and many other sports and physical activities.

Sports and Gyms, Winter and Summer Activities - Special Needs Resources for Massachusetts
?Sports and Gyms Posts - Summer Programming ? &? Winter Programming
Special Needs Resources for Massachusetts is an online resource for families of children with special needs, with a focus on autism resources in eastern Massachusetts. The Sports and Gyms, Summer Programming, and Winter Programming posts include a variety of current and seasonal sports and recreation programs.

Therapeutic Horsemanship: PATH centers
Directory: PATH: Find a Center
PATH Therapeutic Horsemanship centers offer equine assisted activities and therapies to help children and adults with a range of physical, cognitive, and emotional challenges. Activities include horseback riding, vaulting, and carriage driving. Financial assistance may be available.

Local YMCAs and ARC Chapters also offer adaptive and accessible recreation and sports programs for their members and the community.

?

What are the laws regarding adaptive and accessible sports and recreation?
The federal Americans with Disabilities Act (ADA) prohibits discrimination on the basis of disability. In Recreation Access Rights Under the ADA, the National Center on Accessibility outlines some of the rights created by the ADA with respect to sports and recreation:

  • right to the most integrated setting: People with disabilities and those without disabilities should be able to participate in activities alongside each other to the maximum extent possible
  • right to participate: People with disabilities should be able to take part in any type of activity available to people without disabilities, as long as all essential eligibility requirements are met
  • right to reasonable accommodations including adaptive equipment: The provider of an activity must make reasonable adjustments to allow people with disabilities to participate
  • right to an assessment or evaluation: People with disabilities should not be prohibited from an activity due to a perceived safety risk without an evaluation of actual risk after accommodations
  • no disparate impact: Any change in rules or policies (for example, budget cuts) cannot have a greater impact on people with disabilities than people without disabilities
  • same fees: People with disabilities cannot be charged more than people without disabilities for inclusive activities, whether or not special accommodations have been made
  • no substantial public support for discriminatory programs: State and local governments cannot provide substantial support (e.g. free or reduced cost use of public facilities) to organizations that discriminate based on disability
  • reasonable changes to rules and policies: If a rule or policy change does not fundamentally change the nature of an activity and allows people with disabilities to participate in that activity, then the rule change should be allowed. This includes allowing disability-related unusual behaviors that do not pose a direct threat to participants.
Exceptions to the ADA rules can be made in three cases: if the accommodation costs too much; if the accommodation is too difficult to make; or if the accommodation fundamentally changes the nature of the activity.

The ADA rules apply to government facilities and programs, nonprofit organizations (such as YMCAs), and private organizations (such as health clubs and gyms). The only exempt organizations are private membership clubs and religious organizations.


?To make a donation, please go to www.PVA.org.
?



__________________________________________________________________________________________________




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Source: http://newenglandmobilitydealer.blogspot.com/2013/04/adaptive-sports-and-accessible.html

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Source: http://colinkirk7537.typepad.com/blog/2013/04/adaptive-sports-and-accessible-recreation-programs.html

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Created By Newbie Coders & Others, Espace Connects Meetup Organizers And Venue Owners

espaceSome of the creators of TechCrunch Disrupt NY hackathon project Espace are still learning to code, and this was the perfect event at which to hone their skills. The six-person team designed a site this weekend to connect meetup groups with venues offering space where events can be hosted. Organizers and venue owners use the site to sign up and list their needs or what they have to offer, respectively. Espace then helps to put them in touch to broker the deal. The idea resonated with two of the group’s members in particular: husband and wife team Jamal and Felicia O’Garro. Both started learning Ruby recently, and today host a meetup group of their own. This group, started in January, is focused on helping others who are also learning to code, by offering training classes and coffee-and-coding sessions. The group meets Sundays at New York-based co-working space, Alley NYC, and despite its young age, it has already grown to around 550 members, with 30 or so showing up at each weekly session. Others working on the Espace team this weekend include David Lau, Adam Waxman,?Cavaughn Noel and Linda Peng. The site uses the Twilio API, which gives both the vendor owner and meetup organizer a virtual number that they can use to connect to discuss the details of the group’s meeting space needs. Asked if meeting organizers were really all that concerned about sharing their real phone numbers with venue owners, Jamal admitted that he was mainly interested in playing around with the Twilio API. Jamal may be a newer coder, but he’s already building software for another area startup, CommonBond?a recently seed-funded company that connects student borrowers with alumni to crowdsource funding of student loans. Whether or not Espace continues after this weekend is unknown: Jamal is turning into a hackathon junkie, it seems – this is his third in just a few months’ time, he says. Espace onstage:

Source: http://feedproxy.google.com/~r/Techcrunch/~3/tLN8CykJmtA/

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Sunday, April 28, 2013

Home Brew ? Bottling Mead at The Honey House | Easy Vegan ...

Bottling mead

?

I spent my evening bottling mead with my father. What is mead you ask? Mead or ?Honey wine? is an alcoholic beverage with many dimensions. Depending on the recipe, or traditions practiced this alcohol maybe anywhere between 8% and 18% and may be still, sparkling , sweet, dry or semi-sweet.

Mead is known as the first type of fermented drink, or ancestor to all alcohol. The vikings and danish drank it heavily,?and it has played an important role in many mythologies,?beliefs?and traditions.

Candice hutchings

My father has been making this delicious drink for years. I remember bottling my first few bottles when I was a teenager and I split it all over the kitchen floor. I can grown quite fond of the chemistry involved and I think that may be why I am so drawn to food and the harmony and energy between different plants, or ingredients.

Candice hutchings

I realize that some of you are looking at this post and wondering why, as a vegan, I am posting about something considered not to be vegan. Well truth is.. I am not technically a VEGAN, I am a BEEGAN? a vegan that uses or consumes honey. I am not one for labels, but most of you are so here I am, labeling?myself once again. I?believe?in the power of bees and their honey. I have had many health issues in the past that were healed by it?s natural?occurring?antibiotics and I will continue to use it to keep my body strong. I am open to all opinions, and this just happens to be mine :)

bottling mead

?

My father is a bee farmer and so I have always loved the science behind the bee and it?s honey. It has been used for years to celebrate and to heal. But using it to create such a delicious drink is one of my favorite uses by far! I love to make my own beer and various liquors ( some are lovely, but they often fail). I hope to make a few different types of homemade beer this summer, then I am able to ensure that I will be drinking beer that I can feel good about!

?

What adventure will you be tackling this summer?

The edgy veg

?

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Source: http://theedgyveg.com/2013/04/27/home-brew-bottling-mead-at-the-honey-house/

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Wall St Week Ahead: Central banks, data to steer investors

By Wanfeng Zhou

NEW YORK (Reuters) - With signs of a slower economy mounting, the near-term outlook for U.S. stocks isn't rosy, but investors may find comfort next week from the world's major central banks.

The Federal Reserve will meet on Tuesday and Wednesday, with the report of weaker-than-expected, first-quarter growth could reinforce expectations the Fed will keep purchasing bonds at a pace of $85 billion a month.

Low interest rates and ample liquidity provided by the Fed and other central banks have buoyed global equity markets because low borrowing costs for businesses and consumers lead to richer corporate profits. Major U.S. stock indexes hit record highs earlier this month.

"As long as it looks like central banks are on your side and on investors' side as far as providing more liquidity, that's going to help improve sentiment," said Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management in Menomonee Falls, Wisconsin.

"I don't think (Fed officials) have got enough data since the last meeting to really justify changing policy. I really don't think they're going to look at slowing the pace of purchases until probably September."

A strong commitment from the Fed to continue its stimulative policy, coupled with corporate earnings that have mostly exceeded lowered forecasts, could help Wall Street extend a rally despite signs that the U.S. economic recovery is losing momentum.

Even though the market ended flat on Friday, its performance for the week was positive. The Standard & Poor's 500 rose 1.7 percent, the Dow Jones Industrial Average was up 1.1 percent and Nasdaq Composite Index rose 2.3 percent

The economy expanded at a 2.5 percent annual rate in the first quarter, the Commerce Department said on Friday, short of expectations of 3.0 percent and setting a cautious tone.

A heavy slate of key economic indicators will be released next week, including personal income and spending, the Institute for Supply Management's manufacturing and services activity indexes, pending home sales, the Chicago purchasing managers' index and consumer confidence from the Conference Board.

The highlight of the week will come on Friday when the Labor Department releases its employment report for April.

Economists polled by Reuters are looking for job growth of 150,000, up from 88,000 in March. The unemployment rate is likely to remain unchanged at 7.6 percent.

"Today's (GDP) data suggests maybe the momentum is much weaker that what was priced in," said John Praveen, chief investment strategist at Prudential International Investments Advisers in Newark, New Jersey.

"We have had a very strong rally, so people are looking for any trigger for profit-taking," he said. Praveen said the market could see a 5 percent pullback in the months ahead should upcoming data prove weaker than expected.

Stocks have had a wild run over the past week after hackers attacked the website of stock broker Charles Schwab Corp and a false report on the Associated Press's Twitter account about explosions at the White House sent the market into a brief tailspin.

On Thursday, a software glitch shut down the Chicago Board Options Exchange for half the day, preventing trading in options on two of the stock market's most closely watched indexes and delivering the latest blow to confidence in the way U.S. financial markets operate.

EUROPE, EARNINGS

The European Central Bank meets on Thursday and investors will watch to see if it delivers an interest-rate cut as the euro zone economy deteriorates further. Further monetary easing would encourage investors to buy riskier assets and boost stocks.

"The market has been rallying on the fact the ECB might actually start to do something; if the U.S. market reacts in the same way, that might get the market rallying," said John Canally, investment strategist and economist for LPL Financial in Boston.

With earnings reporting now half over, investors will look to see if companies can continue to exceed profit estimates despite lackluster revenue.

According to Thomson Reuters data, of the 271 companies in the S&P 500 that have reported earnings for the first quarter, 69 percent have beaten analysts' expectations, above the 63 percent average since 1994.

However, only 43.9 percent have topped analysts' revenue forecasts, well below the 62 percent average since 2002 and the 52 percent rate for the last four quarters.

Analysts now see earnings growth of 3.8 percent this quarter, up from expectations of 1.5 percent on April 1.

Next week Dow components reporting results will be Pfizer and Merck . Other companies scheduled to report include Loews Corp , Aetna Inc , Chesapeake Energy , Visa Inc , Viacom Inc and Kraft Foods Group Inc .

David Joy, chief market strategist at Ameriprise Financial, based in Boston where he helps oversee about $700 billion in assets, said the lackluster figures suggest the second quarter may not be as robust as hoped.

"Right now, markets are going through an adjustment process, trying to figure out just how robust the economy is here and overseas as well," Joy said. "You have investors sort of biding their time. They are invested, but not with complete conviction."

(Reporting By Wanfeng Zhou; Editing by Kenneth Barry)

Source: http://news.yahoo.com/wall-st-week-ahead-central-banks-data-steer-225054879.html

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Saturday, April 27, 2013

Closet Cooking: BBQ Pulled Pork Grilled Cheese

BBQ Pulled Pork Grilled Cheese
The National Grilled Cheese Month is coming to an end soon but I still have a few grilled cheese sandwiches up my sleeves including this tasty BBQ pulled pork grilled cheese! In my opinion it is hard to go wrong combining succulent pulled pork in a sweet, tangy and spicy BBQ sauce and then smothering it in ooey gooey melted cheese! BBQ pulled pork sandwiches are often served with the addition of a cool and creamy coleslaw right in the sandwich and I see nothing wrong with adding some to the grilled cheese version either, though it does make for a slightly messier sandwich. The next time you make some pulled pork, make a lot to ensure that you have some leftovers for these BBQ pulled pork grilled cheese sandwiches!

BBQ Pulled Pork Grilled Cheese
If you prefer, feel free to serve the coleslaw on the side; that way you can get even more BBQ pulled pork into the sandwich!

BBQ Pulled Pork Grilled Cheese

BBQ Pulled Pork Grilled Cheese

BBQ Pulled Pork Grilled Cheese

A grilled cheese sandwich full of succulent BBQ pulled pork smothered in melted cheese.


Servings: 1

Prep Time: 5 minutes
Cook Time: 10 minutes
Total Time: 15 minutes

Printable Recipe

Ingredients
  • 1 tablespoon butter
  • 2 slices bread
  • 2 slices cheddar (or 1/2 cup shredded)
  • 1/2 cup pulled pork, warm
  • 1 tablespoon BBQ sauce (or to taste)
  • 2 tablespoons coleslaw (optional)
Directions
  1. Heat a pan over medium heat.
  2. Butter one side of each slice of bread, place one slice in the pan with buttered side down, top with half of the cheese, the mixture of the pork and BBQ sauce, the coleslaw, the remaining cheese and finally the other slice of bread with buttered side up.
  3. Grill until golden brown on both sides and the cheese is melted, about 2-4 minutes per side.

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Vietnamese BBQ Pulled Pork Banh Mi
Salsa Verde Pulled Chicken Sandwich " + $("#body_6483765844833339382").html().substring($("#body_6483765844833339382").html().indexOf("Ingredients:")) ); $('#body_6483765844833339382 .zl_recipe_button').appendTo($("#zip_list_wrapper")); } else { $('#body_6483765844833339382 .zl_recipe_button').hide(); } '); } else if ($('a[rel=tag]:contains("Game Day Party Food eBook")').length > 0) { $('.recipe_title').first().before('Game Day Party Food Cover

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This recipe appears in the The Best of Closet Cooking 2013 eCookbook along with 24 more of the tastiest recipes on Closet Cooking in 2012. Get your copy of The Best of Closet Cooking 2013 for FREE now!

'); } else if ($('a[rel=tag]:contains("Best of 2012 eBook")').length > 0) { $('.recipe_title').first().before('Cover: The Best of Closet Cooking 2012

This recipe appears in the The Best of Closet Cooking 2012 eCookbook along with 24 more of the tastiest recipes on Closet Cooking.

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Do you like soup? The NEW Tasty Soups eCookbook contains 25 of the tastiest soups to come out of my closet sized kitchen including 20 Closet Cooking favourites along with 5 all new recipes!

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Get the latest Closet Cooking cookbook Melty Grilled Cheese which contains 25 of the tastiest grilled cheese sandwiches to come out of my closet sized kitchen! Never eat a boring grilled cheese again!

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Source: http://www.closetcooking.com/2013/04/bbq-pulled-pork-grilled-cheese.html

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Let's Talk About Whatever You Want for the Next Hour

Hi there. It's the end of the week, and we're sure you're sick of working, so we're going to help make the rest of your day bearable. For the next hour, the entire Giz staff will be hovering around this thread, willing to shoot the shit about whatever your little hearts desire. What do you all want to talk about? More »
    


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/zcuVZZ592bM/lets-talk-about-whatever-you-want-for-the-next-hour

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Indian spy on death row hurt in Pakistan prison

LAHORE, Pakistan (AP) ? A top Pakistani prison official says an Indian spy on death row was critically injured when he was attacked with a brick inside a prison in the eastern city of Lahore.

Farooq Nazir said Friday that Sarabjit Singh sustained a serious head injury when he was attacked by two other prisoners on Friday at Kot Lakhpat jail. Nazir said Singh was moved to hospital and was out of danger.

Singh was arrested in 1990 for his role in series of bombings in Lahore and Faisalabad that killed 14 people.

He was convicted of spying and carrying out the bomb blasts and sentenced to death in 1991. The sentence was later upheld by Pakistani superior courts.

Former military ruler Pervez Musharraf rejected his mercy petition in 2008.

Source: http://news.yahoo.com/indian-spy-death-row-hurt-pakistan-prison-163426222.html

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Friday, April 26, 2013

Shoppers Drug Mart revenue up on over-the-counter sales

(Reuters) - Shoppers Drug Mart Corp, Canada's biggest pharmacy chain, reported a 4 percent rise in first-quarter revenue as higher over-the-counter sales helped to offset tighter price controls for generics.

The price controls, which were recently tightened, have crimped growth at Shoppers and rivals such as Jean Coutu Group Inc in recent years.

Shoppers Drug Mart's net profit at C$119 million ($117 million), or 59 Canadian cents per share, was in line with analysts' estimates, according to Thomson Reuters I/B/E/S.

"In the context of the current environment and the low confidence around the earnings visibility, an in-line quarter was actually a beat for Shoppers," said analyst Kenric Tyghe of Raymond James.

Canada's provinces and territories agreed in January to tighten caps on prices of six widely prescribed generic drugs to cut costs for private and government health programs. Generic drug prices in Canada are among the highest in the world.

The new rules mandate drugstores charge no more than 18 percent of the price of the brand-name equivalent, lower than the previous 25 percent to 40 percent cap. The rules kicked off on April 1.

Saskatchewan Premier Brad Wall then told Reuters that more could be done to cut the cost of generics.

Shoppers Drug Mart's total sales in the quarter rose 4 percent to C$2.49 billion.

A 4.2 percent rise in front-of-store sales, which include over-the-counter medications, food and cosmetics, overshadowed a 3.3 percent gain in pharmacy revenue.

Average prescription value fell 4.8 percent due in part to cuts in the prices of generic drugs.

Total same-store sales, an important measure for retailers, rose 2.5 percent. It increased 3.3 percent at front stores and 1.6 percent at pharmacies.

Shoppers Drug Mart, which also operates the Murale luxury beauty destinations, opened seven stores and acquired four stores in the quarter, taking total number of stores to 1,368.

Shares of the company rose 2 percent in early trading to a two-year high of C$45.44. They gave up some of their gains to trade flat at mid-day on the Toronto Stock Exchange.

(Reporting by Krithika Krishnamurthy in Bangalore; Editing by Sriraj Kalluvila)

Source: http://news.yahoo.com/shoppers-drug-mart-posts-higher-revenue-121216809--sector.html

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Earth Week: American U. launches William K. Reilly Fund for Environmental Governance & Leadership

Earth Week: American U. launches William K. Reilly Fund for Environmental Governance & Leadership [ Back to EurekAlert! ] Public release date: 25-Apr-2013
[ | E-mail | Share Share ]

Contact: J. Paul Johnson
jjohnson@american.edu
202-885-5943
American University

American University's Center for Environmental Policy launched the William K. Reilly Fund for Environmental Governance and Leadership, and presented the inaugural Reilly Awards for Environmental Leadership in addition to the Reilly Scholarships at American University on April 23. The Earth Week trifecta is made possible by William K. Reilly, noted for his distinguished career in public service, the private sector, and the non-profit world. American University instituted the fund to complement its dedication to sustainability through the Center for Environmental Policy and other academic programs and its commitment to carbon neutrality by 2020.

As environmental challenges become more complex, the country urgently needs platforms to engage business, government, nonprofits, and the academic community in constructive dialogue and in devising new ways of resolving environmental issues. The Reilly Fund seeks to improve the institutions and means by which decisions are made that protect the environment and natural resources while strengthening their ties to the nation's economic health and social well-being through research and analysis; convening influential figures and fostering dialogues to enhance policy makers' understanding of critical environmental issues; sharing research and exchanging ideas in the United States and abroad; and nurturing the upcoming generation of leaders through professional training and internship opportunities for students.

Center for Environmental Policy director, Daniel Fiorino said, "The establishment of the William K. Reilly Fund helps the Center for Environmental Policy pursue its mission of strengthening collaborative environmental governance while also providing support to the environmental leaders of today and tomorrow."

Reilly delivered the keynote address "Leadership in a Polarized Era" where he traced the ups and downs of U.S. environmental policy from the Nixon administration to the present. Reilly pointed out the challenges of communicating with voting blocs today, which in turn lead many members of Congress to vote the sentiments of their district. In particular, Reilly emphasized, "the importance of language and particularly listening and understanding the other side rather than to trivialize or patronize other points of view." As an example, Reilly explained how some constituencies respond more favorably to environmental concerns when described in terms of theological underpinnings stressing "stewardship" and "care of creation" rather than purely scientific arguments.

In his conclusion Reilly highlighted his American University campus tour and the noticeable progress its making through the use of solar panels and other technology to reach 100 percent carbon neutrality by 2020. "It's really impressive and American University is a very appropriate place to honor environmental leadership," said Reilly.

Reilly is currently a senior advisor to TPG Capital, LP, an international investment partnership. Reilly's career highlights include having served as EPA Administrator (1989-93), president of World Wildlife Fund (1985-89), president of The Conservation Foundation (1973-89), founding partner of the water sector investment fund Aqua International (1998-2010), and co-chair to President Obama's National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling.

William K Reilly Award for Environmental Leadership

The awards were presented to two individuals who have shown their dedication to the environment in pioneering ways.

Deerin Babb-Brott is the director of the White House National Ocean Council. He received the recognition for creating a new model for ocean policy, which seeks to reconcile the needs of diverse stakeholders while protecting marine resources.

Jeffrey Leonard is the founder and chief executive officer of the Global Environment Fund. Leonard's focus since 1990 on harnessing the potential of private investments to support sustainable economic development in harmony with environmental values was the reason for his selection.

William K Reilly Scholarship

Three graduate students in American University's School of Public Affairs received merit based scholarships for their interests and commitment to the environment to help offset tuition.

Kristina Bell won for her interests in the interaction of the intersection of the environmental and social aspects of sustainability domestically and internationally. For his commitment to pursuing renewable technologies and practices in the transition to an environmentally sound energy economy Samuel Cramer was also awarded a Reilly Scholarship. Finally, Zachary Rybarczyk for his wide-ranging interests in U.S. and global environmental policy and recognition of the need for the U.S. to continue to play an active role in international problem-solving was also a recipient of a scholarship.

###

American University is a leader in global education, enrolling a diverse student body from throughout the United States and nearly 140 countries. Located in Washington, D.C., the university provides opportunities for academic excellence, public service, and internships in the nation's capital and around the world.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Earth Week: American U. launches William K. Reilly Fund for Environmental Governance & Leadership [ Back to EurekAlert! ] Public release date: 25-Apr-2013
[ | E-mail | Share Share ]

Contact: J. Paul Johnson
jjohnson@american.edu
202-885-5943
American University

American University's Center for Environmental Policy launched the William K. Reilly Fund for Environmental Governance and Leadership, and presented the inaugural Reilly Awards for Environmental Leadership in addition to the Reilly Scholarships at American University on April 23. The Earth Week trifecta is made possible by William K. Reilly, noted for his distinguished career in public service, the private sector, and the non-profit world. American University instituted the fund to complement its dedication to sustainability through the Center for Environmental Policy and other academic programs and its commitment to carbon neutrality by 2020.

As environmental challenges become more complex, the country urgently needs platforms to engage business, government, nonprofits, and the academic community in constructive dialogue and in devising new ways of resolving environmental issues. The Reilly Fund seeks to improve the institutions and means by which decisions are made that protect the environment and natural resources while strengthening their ties to the nation's economic health and social well-being through research and analysis; convening influential figures and fostering dialogues to enhance policy makers' understanding of critical environmental issues; sharing research and exchanging ideas in the United States and abroad; and nurturing the upcoming generation of leaders through professional training and internship opportunities for students.

Center for Environmental Policy director, Daniel Fiorino said, "The establishment of the William K. Reilly Fund helps the Center for Environmental Policy pursue its mission of strengthening collaborative environmental governance while also providing support to the environmental leaders of today and tomorrow."

Reilly delivered the keynote address "Leadership in a Polarized Era" where he traced the ups and downs of U.S. environmental policy from the Nixon administration to the present. Reilly pointed out the challenges of communicating with voting blocs today, which in turn lead many members of Congress to vote the sentiments of their district. In particular, Reilly emphasized, "the importance of language and particularly listening and understanding the other side rather than to trivialize or patronize other points of view." As an example, Reilly explained how some constituencies respond more favorably to environmental concerns when described in terms of theological underpinnings stressing "stewardship" and "care of creation" rather than purely scientific arguments.

In his conclusion Reilly highlighted his American University campus tour and the noticeable progress its making through the use of solar panels and other technology to reach 100 percent carbon neutrality by 2020. "It's really impressive and American University is a very appropriate place to honor environmental leadership," said Reilly.

Reilly is currently a senior advisor to TPG Capital, LP, an international investment partnership. Reilly's career highlights include having served as EPA Administrator (1989-93), president of World Wildlife Fund (1985-89), president of The Conservation Foundation (1973-89), founding partner of the water sector investment fund Aqua International (1998-2010), and co-chair to President Obama's National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling.

William K Reilly Award for Environmental Leadership

The awards were presented to two individuals who have shown their dedication to the environment in pioneering ways.

Deerin Babb-Brott is the director of the White House National Ocean Council. He received the recognition for creating a new model for ocean policy, which seeks to reconcile the needs of diverse stakeholders while protecting marine resources.

Jeffrey Leonard is the founder and chief executive officer of the Global Environment Fund. Leonard's focus since 1990 on harnessing the potential of private investments to support sustainable economic development in harmony with environmental values was the reason for his selection.

William K Reilly Scholarship

Three graduate students in American University's School of Public Affairs received merit based scholarships for their interests and commitment to the environment to help offset tuition.

Kristina Bell won for her interests in the interaction of the intersection of the environmental and social aspects of sustainability domestically and internationally. For his commitment to pursuing renewable technologies and practices in the transition to an environmentally sound energy economy Samuel Cramer was also awarded a Reilly Scholarship. Finally, Zachary Rybarczyk for his wide-ranging interests in U.S. and global environmental policy and recognition of the need for the U.S. to continue to play an active role in international problem-solving was also a recipient of a scholarship.

###

American University is a leader in global education, enrolling a diverse student body from throughout the United States and nearly 140 countries. Located in Washington, D.C., the university provides opportunities for academic excellence, public service, and internships in the nation's capital and around the world.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Source: http://www.eurekalert.org/pub_releases/2013-04/au-ewa042513.php

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Study Finds Possible New Ally in Fight Against Diabetes

Researchers may have found a new helpmate in their search for a cure to diabetes. A new study in the journal Cell, published online on Thursday, has identified a particular hormone that appears to grow the very cells that are destroyed by the disease.

The hormone, which the scientists working on the study have dubbed betatrophin, encourages the pancreas to grow new beta cells. Beta cells are our body's primary manufacturers of insulin.

Here is some of the key information that emerged on Thursday regarding this new study into the effect of hormones on diabetes.

* People with diabetes lack the ability to make enough insulin, which helps the body process sugar. Without it, a person can eventually suffer from organ damage, kidney failure, and blindness, and can even lose a limb to the disease.

* As noted by Bloomberg News, this study was conducted in mice. In the mouse study, betatrophin increased the production of beta cells by more than 33 times.

* Douglas Melton, who is the co-director of the Department of Stem Cell and Regenerative Biology at Harvard University, told Bloomberg and other media outlets on Thursday that humans have a hormone that is almost identical to the mouse version of betatrophin, and that preliminary examination appears to indicate that it performs the same function in the human body that it does in mice.

* Harvard has applied to be able to patent betatrophin, and major drug companies around the world are already taking notice of the work being done by Melton and his colleagues.

* Melton told USA Today that he and his fellow researchers next want to create an injectable form of the hormone and use it to treat diabetic mice.

* Some in the scientific community are reserving judgement on the significance of Melton's team's findings until research is done with humans. Dr. Peter Butler, who researches diabetes at the University of California-Los Angeles, told USA Today on Thursday that research needs to be presented that shows that manipulating betatrophin in the human body will cause the pancreas to begin producing beta cells as it does in mice.

* Other researchers familiar with the work insist that Melton's findings may lead to new avenues of research and perhaps even new treatments for the disease. Mary-Elizabeth Patti of the Joslin Diabetes Center in Boston told NPR that she was certain that "this will stimulate a lot of work to look at the effects of this protein and rapidly investigate" its full potential.

* Betatrophin, if proven as an effective treatment, would be most effective for use in patients with Type 2 diabetes, according to Melton, due to differences between the Type 2 and Type 1 variations of the disease. Therapies for Type 1 diabetes may also be possible, he noted, but they would require different avenues of research into betatrophin.

Vanessa Evans is a musician and freelance writer based in Michigan, with a lifelong interest in health and nutrition issues.

Source: http://news.yahoo.com/study-finds-possible-ally-fight-against-diabetes-220500302.html

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Amazon reportedly introducing set-top box this fall

Will Amazon release a set-top box this year? All the pieces seem to in place certainly, between the retailer's robust online video offerings both premium and Prime (not to mention a slew of original material), as well as some experience in the hardware department through various Kindle devices. According to Bloomberg Businessweek, the company will be doing just that this fall -- that information, incidentally, comes from three anonymous sources. The device is said to let users stream web content to a set, not unlike Apple's own offering in the space. The site even went so far as suggesting "Kindle TV" as a name, though that seems to be Businessweek's own wishful thinking.

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Source: Businessweek

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/8y8Bh2yILwY/

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Thursday, April 25, 2013

Britain dodges recession as economy grew in Q1

LONDON (AP) ? Britain dodged recession after official figures showed the economy grew in the first quarter ? a better-than-expected result that offered a bit of breathing space to a government facing criticism for its tough austerity policies.

The Office for National Statistics said Thursday that the economy grew by 0.3 percent in the first quarter compared with the previous three-month period. Though anemic, the figure was above analyst expectations for 0.1 percent growth and allowed the country to avoid a so-called "Triple Dip" ? a third recession since the 2008 economic crisis.

The pound jumped higher in currency markets on expectations that the figures will dissuade the Bank of England from increasing its monetary stimulus program. The pound was up 1.2 percent against the dollar, at $1.5445.

"The likelihood of policy action by the Bank of England has fallen significantly with this better than expected outcome," said Chris Williamson, an analyst with Markit.

In its stimulus program, the Bank of England increases the amount of money in the U.K. financial system, in the hopes of spurring lending and growth.

Williamson noted, however, that Thursday's figures hardly indicate a strong rebound has begun.

"The fact that the economy has more or less stagnated over the past 18 months suggests that the return to growth will do little to alleviate pressure on the government and the Bank of England to find ways to ensure the latest upturn turns into a sustainable and robust recovery, and that the economy does not falter once again."

A recession is typically defined as two quarters of economic contraction. The economy contracted in the fourth quarter of 2012. The figures show the economy grew at an annualized rate of about 1.2 percent.

Observers had feared that news of another recession would scare consumers, feeding into a vicious cycle of cutting back on spending that has the economy flat-lining.

Britain's government desperately wanted a robust number to justify its austerity policies, and seemed at least pleasantly surprised.

"Today's figures are an encouraging sign the economy is healing. Despite a tough economic backdrop, we are making progress," Treasury chief George Osborne said. "We all know there are no easy answers to problems built up over many years, and I can't promise the road ahead will always be smooth, but by continuing to confront our problems head on, Britain is recovering and we are building an economy fit for the future."

The opposition Labour Party has pressured Osborne to ease off on budget cuts designed to reduce the deficit, which stands at 7.4 percent of annual GDP.

The International Monetary Fund has signaled it will judge Britain closely at an upcoming review and has suggested that the government might want to reconsider the pace of its austerity measures to help the economy, whose output was worth 1.4 trillion pounds ($2.1 trillion) in 2012.

A closer look at Thursday's figures showed the services sector contributed most of the growth in the first quarter but industrial production also helped. A sharp drop in construction offset some of those gains, though.

"Today's figure offers some hope that things might finally be starting to move in the right direction again," said Vicky Redwood, U.K. economist at Capital Economics in London.

Still, the economy remains weak. Inflation is rising faster than wages, meaning living standards are slipping, and unemployment is high at 7.9 percent.

Source: http://news.yahoo.com/britain-dodges-recession-economy-grew-q1-090152639--finance.html

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