acrux astonishing: April 2013

Saturday, April 27, 2013

American Express offers a Blue Cash Preferred card that offers 6 percent cash back on groceries, 3 percent on gas, and 1 percent on all other purchases. If you buy $1,300 worth of groceries in a year, the annual rewards will pay for the $75 annual fee. (Mike Blake/Reuters/File)

Cash-back rewards programs?offer you a rebate in the form of a check or statement credit when you purchase with your credit card. The American Express Blue Cash Preferred card, for example, offers 6 percent cash back on groceries, 3 percent on gas, and 1 percent on all other purchases. The card comes with a $75 annual fee, so you should weigh that charge against what you expect to earn in rebates before you apply.

Use your card responsibly and pay your bill in full every month to ensure you're getting the better end of the bargain. Rewards can be a wonderful incentive to sign up for a credit card, just make sure you manage yours effectively.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/47c9IbYfpuY/Six-ways-to-get-the-most-from-your-credit-card

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Navy Sonar Criticized For Harming Marine Mammals

The U.S. Navy is planning to expand training exercises off California and Hawaii, citing the need for military readiness. That's raising concerns about threatened whales and marine mammals, because sonar is known harm and, in some cases, kill them. The state of California is fighting the Navy's plan.

Source: http://www.npr.org/2013/04/26/179297747/navy-sonar-criticized-for-harming-marine-mammals?ft=1&f=1007

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Tuesday, April 16, 2013

World Bank cuts East Asia growth estimate; welcomes BOJ stimulus

By Kevin Lim

SINGAPORE (Reuters) - The World Bank on Monday scaled back slightly its 2013 growth forecasts for emerging East Asia and warned about possible over-heating in the region's larger economies, but the global lender said the Bank of Japan's sweeping monetary expansion should provide a fillip to developing countries.

Japan's efforts to stimulate its economy through monetary easing is likely to be "mostly good" for developing Asian economies such as Thailand and the Philippines, which produce components for Japanese exporters, the World Bank said.

The Bank of Japan on April 4 stunned markets by unveiling a monetary expansion campaign with plans to inject about $1.4 trillion into the economy over two years to break a deflationary cycle and end two decades of stagnation. The unprecedented easing has provided fresh momentum to yen bears, with the dollar tapping a four-year high of 99.95 yen on Thursday.

The BOJ's radical monetary plan, which even eclipsed the U.S. Federal Reserve's massive quantitative easing program, has caused worries about a wall of money moving into emerging markets and other economies in search of higher returns, potentially stoking inflation and asset bubbles.

However, Bert Hofman, World Bank chief economist for East Asia and Pacific, was sanguine about the BOJ's ambitious goal.

"Japan is trying to get out of this low spend, deflationary environment... If that works, that is good for the world economy, and good for the region. It means a large economy may start growing again," Hofman told at a media briefing.

The World Bank, in its latest East Asia and Pacific Update, cut its gross domestic product (GDP) growth projection for China by 0.1 percentage point to 8.3 percent for 2013, citing Beijing's ongoing efforts to restructure its economy.

The revision was made before China earlier on Monday reported slower-than-expected 7.7 percent year-on-year growth in the first quarter, which was below the World Bank's own forecast, Hofman said.

The international lender also lowered its forecast for Indonesia to 6.2 percent from 6.3 percent due to an expected moderation in investment growth, but raised its growth outlook for Thailand and Malaysia.

Overall, the World Bank expects developing East Asia to grow by 7.8 percent this year, below its December estimate of 7.9 percent but faster than last year's 7.5 percent.

"Our growth forecasts for EAP (East Asia and the Pacific) for 2013 and 2014 remain roughly similar to those of December last year. We expect that with improving external conditions and strong domestic demand, regional growth will rise moderately to 7.8 percent in 2013 and then adjust back to 7.6 percent in 2014 and 2015," it said.

INFLATION, ASSET BUBBLE RISKS

The World Bank tempered its more benign outlook about conditions in the West with a call for Asian governments to start reining in the supportive monetary and fiscal policies that had been adopted in the aftermath of the financial crisis, echoing concerns raised by the Asian Development Bank last week.

"Countercyclical demand policies have helped sustain growth, but they may now risk stoking inflationary pressures and amplifying the credit and asset price risks that are emerging in the context of strong capital inflows into the region," the World Bank said.

While the bulk of capital flows into China and Indonesia comprise foreign direct investments that are not easily reversible, portfolio flows are sizable in Malaysia where they comprising 6.4 percent of GDP in 2012 on a net basis, up from 2.9 percent of GDP in 2011.

"Maintaining an appropriate macroeconomic stance and sufficient flexibility in the exchange rate and applying macroprudential measures to ensure these flows do no fuel asset bubbles are priorities," it added.

The World Bank said that continued depreciation of the yen posed challenges for developed Asian countries such as Korea, which competed directly with Japan in many export markets.

In contrast, many developing Asian economies produced inputs used by Japanese industry. Japanese investments in these countries could increase, helping build productive capacity and boost potential output, it said.

Larger East Asian economies such as China, Indonesia, Malaysia and the Philippines may be reaching the limits of their current productive capacity, the World bank said in its report.

It added that price pressures are mounting in China, although the headline rate remains under the central bank target of 3.5 percent, while inflation is building up rapidly in Indonesia.

The World Bank sounded a warning on rising debt levels in countries such as Thailand, Malaysia and China.

While China's general government debt stood at 22.2 percent in 2012, up from 19.6 percent five years ago, non-financial corporate debt has jumped to 126.4 percent of GDP from 113.6 percent in 2007. Household debt equal 29.2 percent of GDP in China, up more than 10 percentage points from 2007, the World Bank added.

"More significant than the growth of government debt has been the expansion in corporate and household debt... The sum of general government, non-financial corporate and household debt now exceeds 150 percent of GDP in Malaysia, Thailand and China," the World Bank said.

(Reporting by Kevin Lim; Editing by Shri Navaratnam)

Source: http://news.yahoo.com/world-bank-cuts-china-indonesia-growth-estimate-warns-020441865--business.html

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92% No

All Critics (92) | Top Critics (30) | Fresh (85) | Rotten (7)

"No" is a picture that perches precariously on the cusp of a paradox.

A cunning and richly enjoyable combination of high-stakes drama and media satire from Chilean director Pablo Larrain.

A mesmerizing, realistic and often hilarious look at the politics of power and the power of ideas ...

A political drama, a personal drama, a sharp-eyed study of how the media manipulate us from all sides, No reels and ricochets with emotional force.

It's a funny look at the way the media warp public opinion, and a curiously hopeful one.

On every level, "No" leaves one with bittersweet feelings about democracy, love and the cost of compromise.

...a bitter and knowing meditation on media manipulation and political subversion.

Larrain deftly mixes social satire and historical drama.

All historical and little drama.

Larrain does a fine job of making No look and sound authentic to its time period, although the VHS-quality photography, all washed-out with colors bleeding together as camcorders did in the '80s, is an occasional irritant.

Silliness is on the side of the angels in a brilliant and highly entertaining film that's part political thriller, part media satire.

It's clear that the language of advertising has become universal, and that political commodities can be sold like soap. But toppling a dictatorship? Now there's a story.

A reflection of a moment in time, made in the image of that moment.

Bernal deftly explores the layers of the character's complexity, including his political apathy.

"No" is filmmaking of the first order.

Old technology plus the packaging of a revolution add up to a Yes

Freshens up a decades-old story with vibrant humor and a good sense of storytelling.

No continually impresses for its slyness and savvy -- rarely has such an eyesore been so worth watching.

Larrain fashions an unlikely crowd-pleaser from a historical episode that has its share of tragedy as well as triumph.

Stirring as a celebration of voter empowerment, No may also inspire pangs of wistful nostalgia.

Fascinating work from director Pablo Larrain and screenwriter Pedro Peirano, who manage to slip into the skin of a beleaguered country and detail the urgency of a revolution, sold one jingle at a time.

Swims upstream against high-definition with a defiantly lo-fi approach that's also ingeniously evocative of the historical period.

No quotes approved yet for No. Logged in users can submit quotes.

Source: http://www.rottentomatoes.com/m/no_2012/

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Monday, April 15, 2013

Cat Zingano gets TKO win, ?TUF? coaching gig and title fight against Ronda Rousey

UFC women's bantamweight champion Ronda Rousey now knows who she will face in her next bout. In a fight with huge implications, Cat Zingano won by TKO over Miesha Tate at 2:55 of the third round at "The Ultimate Fighter" finale on Saturday night in Las Vegas.

Zingano found herself in trouble early in the fight as she was caught in several of Tate's submission attempts in what proved to be a thrilling bout. Both a kneebar and an armbar appeared to be tight, but Zingano worked out of every attempt Tate tried. In the third round, the fight turned for Zingano as she hit Tate with several, well-timed knees from the clinch. Zingano finally finished the bout with an elbow.

Now, Zingano, the first mother to ever fight in the UFC, will coach against Rousey on the next season of "The Ultimate Fighter." Their teams will face off on the reality show that will air on the soon-to-be launched Fox Sports 1, and then Zingano and Rousey will fight for the UFC women's bantamweight belt.

[Also: What's next for Urijah Faber after his submission victory?]

Zingano and Rousey are already looking forward to facing each other.

"It's going to come down to heart, to technique, to speed. It's going to be a battle. You're going to watch," Zingano said after the bout.

Rousey admitted the fight wasn't exactly what she expected, but she already learned something about her future opponent.

"Cat really showed that she was able to perform under pressure. I'm going to be ready for that," Rousey said.

Though Rousey has only been a professional MMA fighter for two years, she zoomed to the top of the women's MMA world since switching to fighting after winning an Olympic bronze medal in judo. She has seven straight fights by first-round, armbar wins, including her defeat of Liz Carmouche in her UFC debut in February.

Zingano is also undefeated as a professional. Like Rousey, she is 7-0, but has finished opponents through knockouts and submissions. With a wrestling and jiu-jitsu background, she is a more well-rounded fighter than many of Rousey's previous opponents. Zingano showed her power against Tate, so it will be interesting to see if she will be able to muster the same kind of power against Rousey.

Women fighting in the UFC is still new, as the Tate-Zingano bout was just the second female bout in UFC history. The women's bantamweight division is quickly growing, though; it has added several fighters since Rousey was originally signed as the first women in the UFC. Adding TUF castmembers to the mix will help it the division develop depth even faster.

Source: http://sports.yahoo.com/blogs/mma-cagewriter/cat-zingano-gets-tko-win-fight-ronda-rousey-025322366--mma.html

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John Lee Dumas ? Podcast Show SuperStar of EntrepreneurOnFire ...

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Source: http://inboxwealthmaker.com/blog/uncategorized/john-lee-dumas-podcast-show-superstar-of-entrepreneuronfire-com-internet-marketing-pro-ep-29/

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Thomas Menino Fractures Leg, In Hospital Again

Alabama State Capitol (Montgomery, Ala.)

Pictured on Tuesday, Feb. 7, 2012. (AP Photo/Dave Martin)

Alaska State Capitol (Juneau, Alaska)

Pictured on Tuesday, Jan. 18, 2011. (AP Photo/Chris Miller)

Arizona State Capitol (Phoenix)

Pictured on Friday, April 23, 2010. (Photo by John Moore/Getty Images)

Arkansas State Capitol (Little Rock, Ark.)

Pictured on Wednesday, Nov. 30, 2011. (AP Photo/Danny Johnston)

California State Capitol (Sacramento, Calif.)

Pictured on Thursday, Jan. 5, 2006. (Photo by David Paul Morris/Getty Images)

Colorado State Capitol (Denver)

Pictured on Thursday, Oct. 26, 2006. (Photo by Doug Pensinger/Getty Images)

Connecticut State Capitol (Hartford, Conn.)

Pictured on Tuesday, Feb. 7, 1999. (AP Photo/Bob Child)

Delaware State Capitol (Dover, Del.)

Florida State Capitol (Tallahassee, Fla.)

Pictured on Monday, Jan. 3, 2011. (AP Photo/John Raoux)

Georgia State Capitol (Atlanta)

Pictured on Tuesday, November 13, 2007. (Photo by Jessica McGowan/Getty Images)

Hawaii State Capitol (Honolulu)

Idaho State Capitol (Boise, Idaho)

Pictured on Monday, Jan. 14, 2008. (Ned Dishman/NBAE via Getty Images)

Illinois State Capitol (Springfield, Ill.)

Pictured on Tuesday, Sept. 21, 2004. (AP Photo/Seth Perlman)

Indiana State Capitol (Indianapolis)

Pictured on Saturday, Feb. 4, 2012. (Photo by Jeff Gross/Getty Images)

Iowa State Capitol (Des Moines, Iowa)

Pictured on Wednesday, Aug. 10, 2011. (Photo by Chip Somodevilla/Getty Images)

Kansas State Capitol (Topeka, Kan.)

Pictured on Thursday, April 15, 2010. (AP Photo/Orlin Wagner)

Kentucky State Capitol (Frankfort, Ky.)

Pictured on Wednesday, April 12, 2006. (AP Photo/James Crisp)

Louisiana State Capitol (Baton Rouge, La.)

Pictured on Monday, Jan. 14, 2008. (Matthew HINTON/AFP/Getty Images)

Maine State Capitol (Augusta, Me.)

Pictured on Monday, Oct. 17, 2011. (AP Photo/Pat Wellenbach)

Maryland State House (Annapolis, Md.)

(Photo by Patrick Smith/Getty Images)

Massachusetts State House (Boston)

Pictured on Tuesday, Jan. 2, 2007. (Photo by Darren McCollester/Getty Images)

Michigan State Capitol (Lansing, Mich.)

Pictured on Wednesday, April 13, 2011. (Photo by Bill Pugliano/Getty Images)

Minnesota State Capitol (St. Paul, Minn.)

Pictured on Friday, July 1, 2011. (Photo by Hannah Foslien/Getty Images)

Mississippi State Capitol (Jackson, Miss.)

Pictured on Thursday, June 10, 1999. (AP Photo/Rogelio Solis)

Missouri State Capitol (Jefferson City, Mo.)

Pictured on Friday, Oct. 16, 2000. (Photo credit should read ORLIN WAGNER/AFP/Getty Images)

Montana State Capitol (Helena, Mont.)

Nebraska State Capitol (Lincoln, Neb.)

Pictured on Wednesday, Nov. 25, 1998. (AP Photo/S.E. McKee)

Nevada State Capitol (Carson City, Nev.)

New Hampshire State House (Concord, N.H.)

Pictured on Friday, Dec. 28, 2001. (Todd Warshaw//Pool/Getty Images

New Jersey State House (Trenton, N.J.)

Pictured on Friday, Aug. 13, 2004. (Photo by Chris Hondros/Getty Images)

New Mexico State Capitol (Santa Fe, N.M.)

New York State Capitol (Albany, N.Y.)

Pictured on Sunday, March 16, 2008. (Photo by Daniel Barry/Getty Images)

North Carolina State Capitol (Raleigh, N.C.)

Pictured in 1930. (AP Photo)

North Dakota State Capitol (Bismarck, N.D.)

Pictured on Thursday, April 19, 2012. (AP Photo/Dale Wetzel)

Ohio Statehouse (Columbus, Ohio)

Pictured on Tuesday, March 8, 2011. (Photo by Mike Munden/Getty Images)

Oklahoma State Capitol (Oklahoma City)

Pictured on Wednesday, Feb. 29, 2012. (AP Photo/Sue Ogrocki)

Oregon State Capitol (Salem, Ore.)

Pictured on Friday, May 20, 2011. (AP Photo/Rick Bowmer, file)

Pennsylvania State Capitol (Harrisburg, Pa.)

Pictured on Thursday, June 28, 2012. (BRIGITTE DUSSEAU/AFP/GettyImages)

Rhode Island State House (Providence, R.I.)

Pictured on Wednesday, Aug. 1, 1945. (AP Photo)

South Carolina State House (Columbia, S.C.)

Pictured on Monday, Jan. 21, 2008. (Photo by Chris Hondros/Getty Images)

South Dakota State Capitol (Pierre, S.D.)

Pictured on Tuesday, Jan. 10, 2012. (AP Photo/Doug Dreyer)

Tennessee State Capitol (Nashville, Tenn.)

Pictured on Tuesday, Sept. 30, 1941. (AP Photo)

Texas State Capitol (Austin, Texas)

Pictured on Tuesday, Oct. 4, 2011. (MIRA OBERMAN/AFP/Getty Images)

Utah State Capitol (Salt Lake City)

Pictured on Thursday, March 15, 2001. (GEORGE FREY/AFP/Getty Images)

Vermont State House (Montpelier, Vt.)

Pictured on April 9, 1953. (AP Photo/Francis C. Curtin)

Virginia State Capitol (Richmond, Va.)

Pictured on Wednesday, May 2, 2007. (Photo by Chris Jackson/Getty Images)

Washington State Capitol (Olympia, Wash.)

Pictured on Wednesday, Jan. 18, 2012. (AP Photo/Rachel La Corte)

West Virginia State Capitol (Charleston, W.V.)

Pictured on July 2, 2010. (MANDEL NGAN/AFP/Getty Images)

Wisconsin State Capitol (Madison, Wis.)

Pictured on Saturday, Dec. 24, 2011. (KAREN BLEIER/AFP/Getty Images)

Wyoming State Capitol (Cheyenne, Wyo.)

Pictured on Tuesday, March 6, 2001. (Photo by Michael Smith/Newsmakers)

Source: http://www.huffingtonpost.com/2013/04/13/thomas-menino-fractures-leg_n_3076828.html

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