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Thursday, March 28, 2013

Weekly Radar-?Slow panic? feared on Cyrprus, as central banks ...

US MARCH JOBS REPORT/THREE OF G4 CENTRAL BANKS THURS/NEW QUARTER BEGINS/FINAL MARCH PMIS/KENYA SUPREME COURT RULING/SPAIN-FRANCE BOND AUCTIONS

Given the sound and fury of the past fortnight, it?s hard not to conclude that the messiness of the eventual Cyprus bailout is another inflection point in the whole euro crisis. For most observers, including Mr Dijsselbloem it seems, it ups the ante again on several fronts ? 1) possible bank contagion via nervy senior creditors and depositors fearful of bail-ins at the region?s weakest institutions; 2) an unwelcome rise in the cost of borrowing for European banks who remain far more levered than US peers and are already grinding down balance sheets to the detriment of the hobbled European economy; and 3) likely heavy economic and social pressures in Cyprus going forward that, like Greece, increase euro exit risk to some degree. Add reasonable concerns about the credibility and coherence of euro policymaking during this latest episode and a side-order of German/Dutch ?orthodoxy? in sharp relief and it all looks a bit rum again.

Yet the reaction of world markets has been relatively calm so far. Wall St is still stalking record highs through it all for example as signs of the ongoing US recovery mount. So what gives? Today?s price action was interesting in that it started to show investors discriminating against European assets per se ? most visible in the inability of European stocks to follow Wall St higher and lunge lower in euro/dollar exchange rate. European bank stocks and bonds have been knocked back relatively sharply this week post-Dijsselbloem too. If this decoupling pattern were to continue, it will remain a story of the size of the economic hit and relative underperformance. But that would change if concerns morphed into euro exit and broader systemic fears and prepare for global markets at large to feel the heat again too. We?re not back there yet with the benefit of the doubt on OMTs and pressured policy reactions still largely conceded. But many of the underlying movements that might feed system-wide stresses ? what some term a ?slow panic? like deposit shifts etc ? will be impossible to monitor systematically by investors for many weeks yet and so nervy times are ahead as we enter Q2 after the Easter break.

Cyprus and European banks aside, next week will be about the US employment report and three of the Big Four central banks meeting Thurs. Will the ECB respond to the banking sector and consumer sentiment threats and ease rates or monetary conditions? It has plenty of real sector and inflation evidence already that Q1 underwhelmed in euro. The BoJ meeting will be as important with new governor Haruhiko Kuroda at the helm for the first time amid intense interest in how he will pursue the bank?s new aggressive reflation mandate.

Next week?s big events and data points:

Kenya Supreme Court rules on election outcome Sat

US/China March final manufacturing PMI Mon

Australia rate decision Tues

European March final manufacturing PMI Tues

EZ/Italy Feb jobless Tues

UK Feb mortgage and credit data Tues

German March CPI Tues

Thailand rate decision Weds

US ADP jobs/March final services PMIs Weds

European March final services PMIs Thurs

Spain/France government bond auction Thurs

ECB/BOJ/BOE decisions/pressers Thurs

EZ Feb retail sales Fri

US March employment report Fri

????

Source: http://blogs.reuters.com/globalinvesting/2013/03/28/weekly-radar-slow-panic-feared-on-cyrprus-as-central-banks-meet-and-us-reports-jobless/

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You want to see this flying armbar (Video)

The flying arm bar is one of those submissions that happens so quickly, that you need to look twice to realize what happened. Skip to the 1:10 mark in this video and you'll see Oliver Fontaine pull it off at the Lyon Fighting Championship in France. And you have to feel for his opponent, Sofian Benchohra, who never saw the arm bar coming. With a record of 4-7-1, he hasn't won a fight since October of 2010.

Thanks, MMA Fighting.

Source: http://sports.yahoo.com/blogs/mma-cagewriter/want-see-flying-armbar-video-151956671--mma.html

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Shot Pakistani teen Malala Yousafzai writing book

FILE - In this undated file photo provided by Queen Elizabeth Hospital in Birmingham, England, Malala Yousufzai, the 15-year-old girl who was shot at close range in the head by a Taliban gunman in Pakistan, reads a book as she continues her recovery at the hospital. Malala Yousafzai, the Pakistani teenager shot in the head by the Taliban, is writing a memoir. Publisher Weidenfeld and Nicolson said Thursday March 28, 2013 it will release "I am Malala" in Britain this fall. Little, Brown will publish it in the United States.A Taliban gunman shot Malala on Oct. 9, while she was on her way home from school in northwestern Pakistan. (AP Photo/Queen Elizabeth Hospital, File)

LONDON (AP) ? Malala Yousafzai, the Pakistani teenager shot in the head by the Taliban as she returned home from school, is writing a book about the traumatic event and her long-running campaign to promote children's education.

Publisher Weidenfeld and Nicolson announced that it would release "I am Malala" in Britain and Commonwealth countries this fall. Little, Brown and Co. will publish the 15-year-old's memoir in the United States and much of the rest of the world.

"Malala is already an inspiration to millions around the world. Reading her story of courage and survival will open minds, enlarge hearts, and eventually allow more girls and boys to receive the education they hunger for," said Michael Pietsch, executive vice president and publisher of Little, Brown.

A Taliban gunman shot Malala on Oct. 9 in northwestern Pakistan. The militant group said it targeted her because she promoted "Western thinking" and, through a blog, had been an outspoken critic of the Taliban's opposition to educating girls.

The shooting sparked outrage in Pakistan and many other countries, and her story drew global attention to the struggle for women's rights in Malala's homeland. The teen even made the shortlist for Time magazine's "Person of the Year" in 2012.

Malala was brought to the U.K. for treatment and spent several months in a hospital undergoing skull reconstruction and cochlear implant surgeries. She was released last month and has started attending school in Britain.

Malala said in a statement Wednesday that she hoped telling her story would be "part of the campaign to give every boy and girl the right to go to school.

"I hope the book will reach people around the world, so they realize how difficult it is for some children to get access to education," she said. "I want to tell my story, but it will also be the story of 61 million children who can't get education."

Publishers did not reveal the price tag for the book deal, estimated by the Guardian newspaper at 2 million pounds ($3 million).

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/4e67281c3f754d0696fbfdee0f3f1469/Article_2013-03-28-Britain-Malala/id-68c0998a9bb349f586ab1de89881a914

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Idaho boy detained after list of names and weapons found

IDAHO FALLS, Idaho (AP) ? An eastern Idaho junior high school student who police say compiled a list of students and police officers he planned to kill and gathered weapons for that purpose has been taken into custody.

Rigby Police Chief Keith Hammon said the boy's parents called police Monday evening when they found the list on an electronic tablet.

"It wasn't a huge list," Hammon said. "All of the parents of the students whose names were on the list have been notified."

Names and how many students and police officers were on the list have not been released publicly. The name of the juvenile taken into custody was also not released. Hammon said police believe no one else was involved in planning the possible attack.

Hammon said officers found a bag of weapons at the boy's home, including multiple knives, handguns and ammunition. Specifics about the weapons, belonging to the parents, weren't released.

Hammon said bullying at the boy's school, Rigby Junior High, was a factor.

"We're pleased to have been able to address this matter before anything came to fruition," Hammon said. "Hopefully, everything will work out for this young man in the long run."

Police planned to transport the boy to the Behavioral Health Center in Idaho Falls for a mental health evaluation.

No time frame was given for the possible attack.

"It was determined, however, that the junior high school was the target of the plot," Hammon said. "Of course, we take any threat seriously."

Students at the school are being encouraged to speak with a counselor if they desire.

"A threat like this tends to put people on edge," Hammon said. "However, our community is still safe."

___

Information from: Post Register, http://www.postregister.com

Source: http://news.yahoo.com/idaho-boy-detained-list-weapons-found-135105091.html

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Imaging methodology reveals nano details not seen before: Understanding nanoparticles at atomic scale in 3-D could improve materials

Mar. 27, 2013 ? A team of scientists from the University of California, Los Angeles (UCLA) and Northwestern University has produced 3-D images and videos of a tiny platinum nanoparticle at atomic resolution that reveal new details of defects in nanomaterials that have not been seen before.

Prior to this work, scientists only had flat, two-dimensional images with which to view the arrangement of atoms. The new imaging methodology developed at UCLA and Northwestern will enable researchers to learn more about a material and its properties by viewing atoms from different angles and seeing how they are arranged in three dimensions.

The study will be published March 27 by the journal Nature.

The authors describe being able to see how the atoms of a platinum nanoparticle -- only 10 namometers in diameter -- are arranged in three dimensions. They also identify how the atoms are arranged around defects in the platinum nanoparticle.

Similar to how CT scans of the brain and body are done in a hospital, the scientists took images of a platinum nanoparticle from many different directions and then pieced the images together using a new method that improved the quality of the images.

This novel method is a combination of three techniques: scanning transmission electron microscopy, equally sloped tomography (EST) and three-dimensional Fourier filtering. Compared to conventional CT, the combined method produces much higher quality 3-D images and allows the direct visualization of atoms inside the platinum nanoparticle in three dimensions.

"Visualizing the arrangement of atoms in materials has played an important role in the evolution of modern science and technology," said Jianwei (John) Miao, who led the work. He is a professor of physics and astronomy at UCLA and a researcher with the California NanoSystems Institute at UCLA.

"Our method allows the 3-D imaging of the local structures in materials at atomic resolution, and it is expected to find application in materials sciences, nanoscience, solid state physics and chemistry," he said.

"It turns out that there are details we can only see when we can look at materials in three dimensions," said co-author Laurence D. Marks, a professor of materials science and engineering at Northwestern's McCormick School of Engineering and Applied Science.

"We have had suspicions for a long time that there was more going on than we could see from the flat images we had," Marks said. "This work is the first demonstration that this is true at the atomic scale."

Nanotechnology expert Pulickel M. Ajayan, the Benjamin M. and Mary Greenwood Anderson Professor of Engineering at Rice University complimented the research.

"This is the first instance where the three-dimensional structure of dislocations in nanoparticles has been directly revealed at atomic resolution," Ajayan said. "The elegant work demonstrates the power of electron tomography and leads to possibilities of directly correlating the structure of nanoparticles to properties, all in full 3-D view."

Defects can influence many properties of materials, and a technique for visualizing these structures at atomic resolution could lead to new insights beneficial to researchers in a wide range of fields.

"Much of what we know about how materials work, whether it is a catalyst in an automobile exhaust system or the display on a smartphone, has come from electron microscope images of how the atoms are arranged," Marks said. "This new imaging method will open up the atomic world of nanoparticles."

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Story Source:

The above story is reprinted from materials provided by Northwestern University. The original article was written by Megan Fellman.

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

Journal Reference:

Chien-Chun Chen, Chun Zhu, Edward R. White, Chin-Yi Chiu, M. C. Scott, B. C. Regan, Laurence D. Marks, Yu Huang, Jianwei Miao. Three-dimensional imaging of dislocations in a nanoparticle at atomic resolution. Nature, 2013; DOI: 10.1038/nature12009

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/~3/KCt2vVQ9aYc/130327144122.htm

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Georgia girl killed in backyard mauling by dogs

By Martyn Herman LONDON, March 28 (Reuters) - Whether by design, necessity, self-interest or because of all three, nurturing youngsters has become fashionable for England's elite with no expense spared in the hunt for the new Wayne Rooney or Steven Gerrard. The length and breadth of the country, scouts from top clubs are hoovering up promising footballers barely old enough to tie their bootlaces in a bid to unearth the 30 million pounds ($45.40 million) treasures of the future. ...

Source: http://news.yahoo.com/georgia-girl-killed-backyard-mauling-dogs-134113903.html

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Newtown Families in Bloomberg Anti-Gun Ads

Mayors Against Illegal Guns

The families of four victims from the December shooting at Sandy Hook Elementary appear in two new anti-gun TV ads out this morning, part of an effort to reinvigorate a lagging campaign for new gun controls.

"Don't let the memory of Newtown fade without doing something real," Terri Rousseau, the mother of slain teacher Lauren Rousseau, says in an emotionally charged appeal.

The ads also feature personal testimonials from Neil Heslin, father of 6-year-old Jesse Lewis; Chris and Lynn McDonnell, parents of 7-year-old Grace McDonnell; and Jillian Soto, sister of teacher Vicki Soto, 27. All talk about their loved ones and what it was like to learn the tragic news on Dec. 14, 2012.

You can see the spots HERE and HERE.

The ads, which will run only in Connecticut, come as that state's legislature considers state-level gun control measures. They were produced by NYC Mayor Michael Bloomberg's "Mayors Against Illegal Guns" and released in conjunction with a "National Day to Demand Action" taking place today across the country.

President Obama's outside advocacy group - Organizing for Action - is also part of the effort. More than 100 events are planned, organizers said.

At the White House later this morning, Obama will surround himself by victims of gun violence, their families and law enforcement officials to add his voice to the campaign. The Newtown families appearing in the ads are expected to attend.

The president and other advocates are still calling for legislation to impose comprehensive background checks; limits on high-capacity ammunition magazines; and an assault-weapons ban. But such measures face increasingly tough odds of passage in Congress.

Earlier this week, three Republican senators threatened to filibuster next month's expected Senate debate on a package of gun-control measures. That package does not include an assault-weapons ban, although Senate Democrats say it will get a vote as a separate amendment to the bill.