India Ink: Five Questions (Plus a Few More) for Selma Dabbagh

Selma Dabbagh is a British-Palestinian fiction writer based in London. Her first novel, “Out of It,” which is set in Palestine, was published in 2011. A lawyer and mother of two, she is also working on her second novel, about expatriates, which is coming out next year. She spoke to India Ink at the Jaipur Literature Festival, which she was attending for the first time.

What are the occupational hazards of being a writer?

Compared to a lot of Palestinian writers, I have a big advantage of living in Europe and having a European passport, so I don’t face threats on a daily basis. I think I am more likely to get criticized because of my subject matter, or have people take objection to my politics, rather than my writing.

What is your everyday writing ritual?

I like to work in the morning. I try to have big chunks of time where I’m doing nothing else, and I try to keep administrative work to the evening. I still work part-time as a lawyer and I have two children so my time is very splintered.

Also, writers now have to do quite a lot of work for the publicity of a book that is out, so the administrative side and the publicity side impinge on your time. When I’m actually writing, I have a sofa that I go to in a room that has no Wi-Fi. I close the door, I have my notes on the side on a small easel, and that’s where I write and that’s when I’m happiest.

How do you deal with your critics?

I had one review which was quite strange. He made it sound like I was trivializing the Holocaust by something one character had said in the novel. He misinterpreted it and said it was offensive rubbish. I was so upset and angry with my first review because I felt that he got it wrong. Your sense is to respond to correct the record. To trivialize the Holocaust is actually a statutory offense in some countries. I did try and draft a response against the advice of everybody.

It [the review] came out in The Independent, and it was also odd because they put a strapline which said, “Aren’t you a bit too young for this conflict?” I was eight years older than the reviewer. And then I realized there is actually no dignified way of responding to a review. You have to just leave it.

You do get these knee-jerk reactions from people who are very supportive of Israel. Just the minute you say you are from Palestine, that in itself is offensive enough. So it doesn’t really matter how you are dressing it up.
That means you get quite cautious in the way you speak. You qualify everything, you talk with your footnotes, you have to make sure that you are really not going to say something in a panel or a session which is going to be filmed or played on YouTube and then get distorted.

Do you self-censor?

I don’t think it is self-censorship. It is extreme caution in how you say things and making sure that you know absolutely where something is coming from.

One of the tests as a writer is that you should follow what interests you. Often that is the behavior of your own people. Rather than thinking “this is what I should write about; this is the way we should be positively portrayed,” find your interest, find your passion as honestly and truthfully as possible.

What advice would you give to people who are interested in conflict writing?

History is very important. So is putting things into perspective so you are not just dealing with the immediate conflict. The back story is always relevant; it always needs to be clear. Even if it is not going to fit into your word count, it has to be very clear in your head why something has happened, whether it was a fictional event or a real event.

If you are portraying negative aspects within your own movement or your own people, one thing I often find is useful is to make sure that I have a good understanding as to why that person is behaving in a way they are, what is their history.

People are inherently the same. They are responding to circumstances. They have the same capacity of good or evil in them; it is just how they get driven into that position. It’s critical to have some sort of sympathy being built up, even if the end result is not one that you would condone.

Could you tell us a little bit about your book “Out of It?”

It’s a very specifically a Palestinian book in some ways. It is about a very specific set of circumstances, but the issues in it are very universal. The particular thing that was interesting to me was the idea of political consciousness, and how people in conflict situations deal with what space they should allow their personal lives when the political may be dominating.

The characters in my book are very middle class. They are exiled and are returnees to Palestine. They are very educated, and they want to change their country, and they want to somehow engage. But they find it very difficult to find a place between the sort of extremist opposition and the defunct leadership that is in place.
I wrote the book before the Arab Spring, but I was writing it to show a class of Arabs who are multilingual, urban, politicized urbane that were not being depicted in the media. I felt like this is a whole view of the Arab world which was just not coming across. And then when the Arab Spring started, and suddenly, there were my characters.

How is your upcoming book different from your previous one?

It’s different because it’s not about Palestine. It is a novel about living in a compound in a situation where there is a political conflict outside. It’s about how we can turn a blind eye on a crisis that is surrounding us. It’s different in terms of setting, but I think in terms of theme it is similar. It should be hopefully coming out next year, and the title is “Here We Are Now.”

Why does the Jaipur Literature Festival matter to you?

I think among writers there’s no festival you’d rather go to than Jaipur because it’s very international. It attracts the top writers of fiction and nonfiction as well as new writers, so it’s a great sort of hub to meet people. It’s a combination of being high-powered and yet very relaxed and friendly at the same time.

You’ve mentioned before the need to talk to the world outside as a sort of impetus that drives your work. How important do you think it is to talk to writers from different parts of the world?

I’m a great admirer of Ariel Dorfman’s work, and I think there are very few writers who have written in this specific zone of having to engage in politics and writing literature because a lot of people see it as a big tension. The presumption of Western literature is that it’s not political; the presumption of Palestinian literature is that it is political so you have this great tension between the two things. So to meet people who have somehow resolved in their minds the little tests they use is critical in terms of being able to write.

In terms of their take on the Palestinian issue and whether they are going to be sympathetic, you always hope that this is going to be a consequence meeting people or them reading your book, but you can never know what other influences they are exposed to and where they ideas come from. It’s a slow process to get somebody engaged with an issue that does not directly affect their lives. Writers are curious about the world, but most people are fairly incurious about things that don’t directly affect them.

Did you always want to be a writer?

Yes, always wanted to be writer but my dad wouldn’t let me. He said, “You have to have a vocation; you can’t just go and study literature.” I’m one of three girls. My older sister is an architect, my younger sister is a doctor and I’m a lawyer. My dad just sort of decided — “you’re like this kind of character and you’re like this” — and we never really challenged it.

I enjoyed doing law, and I still practice as a lawyer. It gave me a way to work in places to get the material for the book, and that’s what I wanted with it. I felt I didn’t want to just study literature and then come out and work as a writer without ever having done much else. I always wanted to write, but it took me until my 30s to actually start doing it.

(The interview and been lightly edited and condensed.)

Read More..

Scott Brown’s Twitter Rant Will Not Stop Haunting Him






Scott Brown got a little carried away responding to critics on Twitter over the weekend, which shouldn’t be a big deal, but apparently it is when you’re expected to run for a vacant Senate seat and now everyone is taking his “whatevers” so very, very seriously. 


RELATED: Paging Senator Warren: The Case for Her Campaign






After watching his daughter perform on Friday evening, now former Senator Brown sent out a few tweets that might suggest he’d had a few glasses of wine — the late delivery time, the content, and the subsequent deletion seem to have offered some credence to those theories. The Internet grabbed on to Brown’s “Bqhatevwr” tweet, which spawned a trending hashtag and two different parody accounts, because it is clearly hilarious. 


RELATED: Scott Brown Backs Out of Final Debate With Elizabeth Warren


But the Internet won’t let a series of tweets from a recently unemployed man go unnoticed, and now pundits continue to go over them with a fine-tooth comb to see what they can glean about Brown’s political future (will it be a run for Senate or Governor?) as we wait to see what shakes out in Massachusetts. Here are your two camps of over-analysis:


RELATED: Update: Scott Brown Made the Debate!


These Tweets Are Serious Business


RELATED: So Who’s Going to Replace John Kerry for Massachusetts Senate?


The Washington Post‘s The Fix writer Aaron Blake thinks these tweets should be taken very seriously, and that Brown “needs to say something — and the sooner the better.” Brown’s silence is only feeding the beast, Blake insists, and because Brown won’t talk about it, everyone is going to keep talking about it. “By deleting the tweets and not saying anything, though, Brown only feeds the robust rumor mill that is Twitter,” Blake writes. “Quite frankly, Twitter matters in the broader political discussion, since what is big on Twitter almost always penetrates into the political dialogue.” Blake seems to argue that the story will die as soon as Brown comes out with a public oops, and that the silence only raises more questions than necessary. Which might be asking more questions than necessary in the first place, but we digress.


RELATED: New Tactic: Blame Elizabeth Warren for Her Ancestors’ Crimes


Scott Brown Is Human Because He Regrets Things He Tweets, Too


The Boston Herald was on this beat before Brown tweeted the now controversial tweets. The former Senator has basically avoided mentioning politics at all on Twitter since losing his seat to Elizabeth Warren last year. Instead, he’s opted to talk about the Patriots’ disappointing playoff performance, his excitement for the Bruins and the Celtics, and that time he went to see Silver Linings Playbook. Talking Points Memo’s Igor Bobic says Brown’s tweeting proves he’s “just like us.” His recent performances have made him “a sort of Twitter celebrity extraordinaire recently,” especially after his escapade on Friday. Bobic even compared him to the infamous Iowa Senator Chuck Grassley. And it was Brown’s regular-guy-in-a-barn-coat image that made helped him win his Senate seat in the first place, so what harm can really come of some silly late-night tweeting? Unless by harm you mean excellent poll numbers.


Social Media News Headlines – Yahoo! News





Title Post: Scott Brown’s Twitter Rant Will Not Stop Haunting Him
Url Post: http://www.news.fluser.com/scott-browns-twitter-rant-will-not-stop-haunting-him/
Link To Post : Scott Brown’s Twitter Rant Will Not Stop Haunting Him
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Soldier who lost 4 limbs has double-arm transplant


On Facebook, he describes himself as a "wounded warrior...very wounded."


Brendan Marrocco was the first soldier to survive losing all four limbs in the Iraq War, and doctors revealed Monday that he's received a double-arm transplant.


Those new arms "already move a little," he tweeted a month after the operation.


Marrocco, a 26-year-old New Yorker, was injured by a roadside bomb in 2009. He had the transplant Dec. 18 at Johns Hopkins Hospital in Baltimore, his father said Monday.


Alex Marrocco said his son does not want to talk with reporters until a news conference Tuesday at the hospital, but the younger Marrocco has repeatedly mentioned the transplant on Twitter and posted photos.


"Ohh yeah today has been one month since my surgery and they already move a little," Brendan Marrocco tweeted Jan. 18.


Responding to a tweet from NASCAR driver Brad Keselowski, he wrote: "dude I can't tell you how exciting this is for me. I feel like I finally get to start over."


The infantryman also received bone marrow from the same dead donor who supplied his new arms. That novel approach is aimed at helping his body accept the new limbs with minimal medication to prevent rejection.


The military sponsors operations like these to help wounded troops. About 300 have lost arms or hands in Iraq or Afghanistan.


Unlike a life-saving heart or liver transplant, limb transplants are aimed at improving quality of life, not extending it. Quality of life is a key concern for people missing arms and hands — prosthetics for those limbs are not as advanced as those for feet and legs.


"He was the first quad amputee to survive," and there have been four others since then, Alex Marrocco said.


The Marroccos want to thank the donor's family for "making a selfless decision ... making a difference in Brendan's life," the father said.


Brendan Marrocco has been in public many times. During a July 4 visit last year to the Sept. 11 Memorial with other disabled soldiers, he said he had no regrets about his military service.


"I wouldn't change it in any way. ... I feel great. I'm still the same person," he said.


The 13-hour operation was led by Dr. W.P. Andrew Lee, plastic surgery chief at Johns Hopkins. It was the seventh double-hand or double-arm transplant done in the United States.


Lee led three of those earlier operations when he worked at the University of Pittsburgh, including the only above-elbow transplant that had been done at the time, in 2010.


Marrocco's "was the most complicated one" so far, Lee said in an interview Monday. It will take more than a year to know how fully Marrocco will be able to use the new arms.


"The maximum speed is an inch a month for nerve regeneration," he explained. "We're easily looking at a couple years" until the full extent of recovery is known.


While at Pittsburgh, Lee pioneered the immune-suppression approach used for Marrocco. The surgeon led hand-transplant operations on five patients, giving them marrow from their donors in addition to the new limbs. All five recipients have done well, and four have been able to take just one anti-rejection drug instead of combination treatments most transplant patients receive.


Minimizing anti-rejection drugs is important because they have side effects and raise the risk of cancer over the long term. Those risks have limited the willingness of surgeons and patients to do more hand, arm and even face transplants.


Lee has received funding for his work from AFIRM, the Armed Forces Institute of Regenerative Medicine, a cooperative research network of top hospitals and universities around the country that the government formed about five years ago. With government money, he and several other plastic surgeons around the country are preparing to do more face transplants, possibly using the new immune-suppression approach.


Marrocco expects to spend three to four months at Hopkins, then return to a military hospital to continue physical therapy, his father said. Before the operation, he had been fitted with prosthetic legs and had learned to walk on his own.


He had been living with his older brother in a specially equipped home on New York's Staten Island that had been built with the help of several charities. Shortly after moving in, he said it was "a relief to not have to rely on other people so much."


The home was heavily damaged by Superstorm Sandy last fall.


Despite being in a lot of pain for some time after the operation, Marrocco showed a sense of humor, his father said. He had a hoarse voice from the tube that was in his throat during the long surgery and decided he sounded like Al Pacino. He soon started doing movie lines.


"He was making the nurses laugh," Alex Marrocco said.


___


Associated Press Writer Stephanie Nano in New York contributed to this report.


___


Online:


Army regenerative medicine:


http://www.afirm.mil/index.cfm?pageid=home


and http://www.afirm.mil/assets/documents/annual_report_2011.pdf


___


Follow Marilynn Marchione at http://twitter.com/MMarchioneAP .


Read More..

Asian shares rally, eye Fed, U.S. data

TOKYO (Reuters) - Asian shares rallied on Tuesday as recent selling drew bargain hunters ahead of more U.S. economic data and a Federal Reserve policy decision later in the week that may offer clues to the Fed's stimulus plans.


European markets were seen following Asia higher, with financial spread-betters predicting London's FTSE 100 <.ftse>, Paris's CAC-40 <.fchi> and Frankfurt's DAX <.gdaxi> would open up as much as 0.3 percent.


U.S. stock futures were up 0.1 percent, hinting at a firm Wall Street start. <.l><.eu><.n/>


Solid U.S. earnings and an improving U.S. business spending gauge have combined with a recent run of positive global economic data, along with signs of easing financial stress in the euro zone, putting upwards pressure on Treasury yields.


Further signs of brightening U.S. growth prospects would fuel speculation the Fed may consider pulling back on aggressive easing stimulus. The Fed ends a two-day policy meeting on Wednesday.


The first estimate of U.S. fourth-quarter gross domestic product also will be released on Wednesday, followed by non-farm payrolls on Friday.


Few expect any immediate change to the Fed's very accommodative monetary stance while other central banks such as the Bank of Japan also embark on fresh easing to help spur economic activities. India's central bank cut interest rates on Tuesday for the first time in nine months.


The MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> rallied 0.9 percent to snap a four-day losing streak, led by a 1.1 percent jump in Australian shares <.axjo> to a fresh 21-month high on gains in financial shares.


"It seems that a lower interest rate environment is starting to improve confidence among the Australian business community. Mix this in with the China rebound and we have a sharp rise in confidence," said Ben Taylor, sales trader at CMC Markets.


South Korean shares <.ks11>, which slumped to an 8-week low on Monday, rebounded 0.8 percent.


Japan's Nikkei stock average <.n225> reversed earlier declines and closed up 0.4 percent, buoyed by optimism over earnings of major banks. <.t/>


"With yields on U.S. Treasury and German government bonds inching higher, one might say investors may be shifting funds to riskier assets from safe-havens," said Yuji Saito, director of foreign exchange at Credit Agricole in Tokyo.


The benchmark U.S. 10-year note yield briefly pierced 2 percent on Monday for the first time since last April, and inched up 2.5 basis points (bps) in Asia from New York close. The 10-year Japanese government bond yield also rose.


Naka Matsuzawa, fixed income strategist at Nomura Securities, said in research note that a sell-off in 5-year Treasury notes over the last two days "would not have occurred unless expectations of an economic recovery have gained ground to the extent that the monetary policy outlook begins to change."


"The market is aware that risks are toward more hawkish FOMC statements in the future rather than dovish ones," considering a pick-up in the U.S. economic recovery and stock market rally, as well as the underlying global risk-on trend, he said.


STUBBORN YEN


Yen selling paused, helping to bolster the benchmark South Korean stock index which is vulnerable to exchange rate swings as exporters lead market capitalization.


The dollar fell 0.1 percent to 90.78 yen after touching 91.32 on Monday, its highest level since June 2010, while the euro recouped earlier losses against the yen to steady around 122.10 yen after hitting 122.91 on Monday, its highest point since April.


The euro was at $1.3450, not far from an 11-month high of $1.3480 hit on Friday.


The euro's strength sharply contrasted with the crumbling pound, which has been pressured by worries about the weak UK economy, prospects of more monetary easing by the Bank of England and the UK's unclear role within the European Union.


The euro extended its recent stellar run to hit 0.8575 sterling, its highest since late 2011, on Tuesday. The pound fell to $1.5687, near a five-month low.


"The UK is a small open economy that has benefited from capital inflows because it is not in the euro area but is in the EU. The former is less helpful now, the uncertainty about the latter is a clear negative. The result could be to take EUR/GBP close to 0.90 before long-term downtrend resumes," said Kit Juckes, FX strategist at Societe Generale in a note.


Commodities were underpinned by a more positive global growth outlook.


"I don't think there's much downside risk," said Tetsu Emori, a commodities fund manager at Astmax Investments in Tokyo. "I think economic data out of the United States has improved, so I don't think there are any negative factors in the market."


U.S. crude rose 0.4 percent to $96.80 a barrel and Brent inched up 0.1 percent to $113.64.


London copper gained 0.4 percent to $8,078 a tonne.


Gold inched up 0.4 percent to $1,661.95 an ounce but was capped by receding investor appetite for safe-haven assets.


Asian credit markets lagged the region's rallying equities, pushing the spread on the iTraxx Asia ex-Japan investment-grade index wider by 2 basis points.


(Additional reporting by Jessica Jaganathan in Singapore and Thuy Ong in Sydney; Editing by Eric Meijer & Kim Coghill)



Read More..

IHT Rendezvous: In Beijing, No Tears Over Clinton's Departure

BEIJING — It’s a badly kept secret in Beijing that quite a few Chinese officials, including very senior ones, never warmed to Hillary Rodham Clinton. How much of that is because she is an outspoken supporter of women’s rights is unclear, but it is almost certainly a factor: China is run by men (literally — there is not a single woman in the inner circle of power, the Standing Committee of the Politburo), and women have little policy input, whether on domestic or global issues.

China’s Communist Party mandarins have been wary of Mrs. Clinton since at least 1995, when she was a key figure at the United Nations Fourth World Conference on Women here in Beijing. Those of us present at the meeting heard her tell delegates that “human rights are women’s rights and women’s rights are human rights, once and for all.” That language is in the declaration, which said: “Women’s rights are human rights” (Article 14 of the Beijing Declaration and Platform for Action). It was a major moment for the women’s movement in China and around the world.

Yet that was after officials had exiled the lively N.G.O. groups in attendance to the distant suburbs of Huairou, fearing the mind-opening impact they would have on its citizens. China in 1995 was a more socially conservative place than today, and feminists calling for health care for prostitutes, or wages for mothers, or lesbian and gay rights, profoundly shocked officials.

So recent talk from some leading academics within Beijing’s foreign policy establishment that China is looking forward to seeing John Kerry succeed Mrs. Clinton as the U.S. secretary of state comes as no surprise.

Jin Canrong, an international affairs professor at Renmin University of China, said Mr. Kerry would be less aggressive toward China than Mrs. Clinton has been, according to China Daily.

China disliked Mrs. Clinton’s central role in the Obama administration’s turn toward Asia, which has been interpreted by many here as an effort to contain China.

Michael O’Hanlon of the Brookings Institution said Mrs. Clinton’s role in the administration’s “pivot to Asia” and her tough stance toward China were arguably “her greatest and most memorable contribution” as secretary of state, as my colleague David Rohde reported.

In contrast, Ruan Zongze, a former senior Chinese diplomat in the U.S. and the deputy director of the China Institute of International Studies, views Mr. Kerry as “professional, calm and pragmatic, and expects him to initiate strategic dialogues between China and the U.S., which will wield positive influence on Sino-U.S. relations,” China Daily wrote.

“Among the challenges facing Kerry will be to improve ties between China and the U.S., which have worsened since Washington’s rebalancing policy in the Asia-Pacific region,” the state-run newspaper said.

“China-U.S. ties have deteriorated through a series of high-profile measures by the U.S. aimed at rebalancing, especially the over-emphasis of military action, which triggered great antipathy from China,” the paper quoted Mr. Ruan as saying in December, after Mr. Kerry’s nomination became known.

Last week, Mr. Ruan had more to say, Global Post reported.

Speaking at the Foreign Correspondents’ Club in Hong Kong, he said that “America’s pivot is sending the wrong message” to its allies, encouraging them to “become more bellicose and provocative,” according to Global Post. “An unstable or weak China would be very dangerous,” he added.

Yet over the weekend, China praised Mrs. Clinton’s four years at the helm of U.S. foreign policy, in words from a key interlocutor of hers over the years, Dai Bingguo, a deputy minister of foreign affairs and a key voice in China’s foreign policy.

“Over the last four years,” Mr. Dai told Mrs. Clinton in a telephone call on Saturday evening, according to a statement on the Web site of China’s Ministry of Foreign Affairs, “China-U.S. relations have been generally stable and have made major, positive progress.”

Both sides should continue to steer towards a new type of relationship between big powers based on mutual respect and partnership, said Mr. Dai.

Read More..

Funniest Quotes We're Still Talking About from the SAG Awards





Tina gives a shout-out to Girls' baby mama Amy, Jennifer Lawrence's super sweet 16 win and more LOL one-liners








Credit: Michael Buckner/WireImage



Updated: Monday Jan 28, 2013 | 12:20 AM EST




Subscribe Now




Read More..

Seoul pulls Asian shares down, solid economic data helps

TOKYO (Reuters) - Tech-heavy South Korean shares led the broader Asian share index lower on Monday on fears of weaker earnings, but improving economic prospects in Europe and solid U.S. profit reports underpinned sentiment.


Gold languished near two-week lows and was capped as the improving global macroeconomic environment has curbed interest in safe haven assets.


"Investors would rather move their money into equities or bulk commodities from safe-haven assets," said Li Ning, an analyst at Shanghai CIFCO Futures.


European markets were seen edging higher, with financial spread-betters predicting London's FTSE 100 <.ftse>, Paris's CAC-40 <.fchi> and Frankfurt's DAX <.gdaxi> would open up as much as 0.3 percent. U.S. stock futures were up 0.1 percent, hinting at a firm Wall Street start. <.l><.eu><.n/>


The MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> fell 0.4 percent, dragged lower by a 1.9 percent plunge in its technology sector <.miapjit00pus>. Among the regional equities markets, only Seoul and Jakarta, which stayed near its lifetime highs, were in the red.


The Korea Composite Stock Price Index <.ks11> extended losses to close down 0.4 percent after touching an 8-week low, as a weakening yen soured the outlook for local exporters and foreign investors reduced their holdings.


Tech heavyweight Samsung Electronics shed 3.2 percent to a 10-week low, exposing the industry's vulnerability to a clouding outlook for high-end smartphone device shipments


"Concerns about South Korean tech firms' fundamentals have increased, with high-end smartphone device shipments expected to slow down this year," said Park Young-joo, an analyst at Woori Investment & Securities.


Global investor sentiment improved on Friday as a rise in the German Ifo business morale index gave further evidence for Europe's largest economy picking up speed, and European banks were to repay the European Central Bank a larger sum of money than expected to highlight a stabilizing euro zone financial system.


In China, data on Sunday showed profits earned by industrial companies rose 17.3 percent in December from a year earlier to 895.2 billion yuan ($143.9 billion), adding to evidence of a fourth-quarter economic recovery.


Spot gold steadied around $1,659.90 an ounce on Monday, still below its 200-day moving average.


U.S. crude inched up 0.2 percent to $96.09 a barrel and Brent steadied around $113.27.


London copper, another industrial commodity linked to demand prospects, rose 0.4 percent to $8,061.25 a metric ton (1.1023 tons).


YEN UNDER PRESSURE


The yen extended losses to fresh lows earlier in the session, but Japanese equities gave up morning gains ahead of Japan's corporate reporting season, which enters full swing this week.


Japan's Nikkei stock average <.n225> closed down 0.9 percent after briefly striking a fresh 32-month high above 11,000 in the morning. It jumped 2.9 percent on Friday to log an 11th straight week of gains, its longest such run since 1971. <.t/>


Against the yen, the dollar hit 91.26 early on Monday, its highest level since June 2010 while the euro touched 122.91, its highest point since April.


Analysts estimate that a one-yen decline against the dollar is worth around a 1 percent increase in combined recurring profits at all listed Japanese firms. Of total estimates for companies, there are more analysts' upgrades than downgrades.


New Prime Minister Shinzo Abe has called for aggressive monetary easing and huge fiscal spending to beat deflation. The yen has fallen some 13 percent since mid-November when he began making those calls as part of his election campaign.


"The potent mix of Abenomics and strong risk appetite abroad is continuing to soften the yen, which means investors will still be buying stocks," said Masayuki Doshida, senior market analyst at Rakuten Securities.


In sharp contrast to U.S. and German equities, the Nikkei remains well below levels before the financial crisis in 2008, reflecting the magnitude of negative effect from the yen's strength. The benchmark Standard & Poor's 500 Index <.spx> closed at its highest in more than five years on solid U.S. corporate earnings on Friday and Frankfurt's DAX index <.gdaxi> also scaled five-year highs.


The yen is stronger than around 105 to the dollar before the 2008 financial crisis, but the euro hovers well below the pre-crisis levels. The Korean won is weaker against pre-Lehman levels against both the dollar and the yen.


Investors will focus this week on the Federal Reserve's Open Market Committee statement on Wednesday and U.S. nonfarm payrolls due on Friday.


Sluggish equities weighed on Asian credit markets, widening the spread on the iTraxx Asia ex-Japan investment-grade index by 1 basis point.


($1 = 0.7421 euros)


(Additional reporting by Joyce Lee in Seoul, Sophie Knight in Tokyo and Rujun Shen in Singapore; Editing by Kim Coghill and Richard Borsuk)



Read More..

IHT Rendezvous: 'Real' Life in North Korea

BEIJING — With North Korea in the headlines again amid concerns it could explode a third, more powerful nuclear device, many people around the world may be wondering: What are they like?

North Korea is “a real country with real people,” wrote John Everard, a former British ambassador to Pyongyang, in The Independent on Sunday.

“Above all, North Koreans are sharply differentiated human beings, with a good sense of humor and are often fun to be with,” wrote Mr. Everard, who lived in the North Korean capital from 2006 to 2008 and is the author of a recent book about his time there, titled, “Only Beautiful, Please.”

Their everyday concerns “are often not so very different from our own: their friends, how their children are doing at school, their jobs, and making enough money to get by.”

Mr. Everard’s stay in Pyongyang took in the time of North Korea’s first nuclear test. As this article on 38 North, a Web site that follows the country closely, shows, the rest of the world is watching to see whether another nuclear detonation is imminent.

Tensions have grown since North Korea launched a rocket in December, provoking a new U.N. Security Council resolution last week condemning the launching and calling for a tightening of sanctions against the country. In a sign it’s really serious, even China, the North’s longtime ally, voted for the resolution.

In response, North Korea “bluntly threatened the United States, saying North Korea had no interest in talks on denuclearizing itself and would forge ahead with its missile and weapons development, with the goal of attaining the capability to hit American territory,” my colleagues Choe Sang-hun and Rick Gladstone wrote.

Against this nasty background, Mr. Everard shows the human dimension of citizens living in Pyongyang, focusing on a group of people he says he got to know fairly well; not the inner circle of power, but not the poor of the countryside, either. “They were executives rather than leaders.”

As nknews.org wrote last year, “Foreigners are allowed within a 35 km radius of Pyongyang, and Everard took every opportunity to visit and document within this area.”

So what were they like?

Over all, “Their lives would seem very dull to most Westerners,” Mr. Everard wrote. “They revolved around daily rituals of carefully phased breakfasts in overcrowded flats, tedious journeys to work (often prolonged because Pyongyang’s rickety public transport so often broke down), and generally tedious work days.”

Tedious, maybe, but “relaxed.” Yet, working day done, getting home wasn’t always easy. “Some of my contacts refused to use the Pyongyang metro because of the risk of a power cut while they were in a tunnel.” Some chose to walk home.

They were curious about the world. “I once lent one a set of DVDs of ‘Desperate Housewives’ and met the same person the next day with big rings under their eyes. They had sat up all night and watched the entire series in one sitting,” he wrote.

More fun, perhaps, than a visit home: “My contacts spoke of their parents with respect rather than affection, and chafed at the Confucian authority that they exercised. Visits to their homes seemed to be a duty rather than a pleasure, particularly when they involved dressing children up in their best and crossing Pyongyang (especially in autumn, when the city gets muddy – a difficult time to deliver clean children to grandparents),” he wrote.

Intriguingly, “Alcoholism and prostitution were rampant within the capital,” nknews.org reported, from a talk Mr. Everard gave last year.

And, “Although they all had access to showers, none could remember when they had last had one with hot water. Taking a cold shower in the Pyongyang winter, when temperatures can fall to -20C, is not fun,” Mr. Everard wrote in The Independent.

Most people he mingled with had enough food – but it wasn’t varied or tasty. “These people did not eat well, but at least they ate regularly,” mostly rice and boiled vegetables. And kimchi.

“Evening life at home revolved around chatting with family members and watching TV,” he wrote. “Sometimes there would be a film on. Even though North Korea had hardly produced any new films for some years before my time there, so that my contacts had seen almost all the national repertoire several times, they would still sometimes watch repeats. But the best time was the half-hour of (heavily edited and slanted) international news on Sunday evenings. Everyone watched that, and questioned me about what they had seen.”

While the anti-American propaganda the state puts out is powerful, not everyone believed it, wrote Mr. Everard.

“They had been taught to hate Americans, but most of them did not. One of them told me that they had worked with Americans during one of the thaws in relations with that country, had liked them and hoped that they would return,” wrote Mr. Everard. Of course this all was based on experiences that ended in 2008, but it’s unlikely attitudes have changed fundamentally since then, despite the latest round of threats to target the United States.

Read More..

Facebook founder to host fundraiser for New Jersey Governor Christie






(Reuters) – Facebook CEO Mark Zuckerberg and his wife, Priscilla, will host a fundraiser for New Jersey Republican Governor Chris Christie at their California home on February 13, the social networking site said on Thursday.


Zuckerberg and Christie, a potential presidential contender in 2016, have teamed up before, when the tech guru donated $ 100 million to the struggling public schools in Newark, New Jersey, in 2010.






“Mark and Priscilla … admire his leadership on education reform and other issues and look forward to continuing their important work together on behalf of Newark’s school children,” Facebook said in a statement.


The blunt-spoken Christie is seeking re-election in November to a second term as governor. He took office in 2010.


Right now, he doesn’t seem to need much help as his approval rating skyrocketed after Superstorm Sandy hit the state last October. A Quinnipiac University poll released on Wednesday found that three-quarters of New Jersey voters approved of Christie’s performance and nearly seven in 10 say he deserves to be re-elected.


New Jersey Democrats also have not rallied behind a single challenger. State Senate President Stephen Sweeney has said he is considering running, but the poll found that Christie would easily defeat Sweeney.


Christie would also trounce Barbara Buono – who has said she will run against the governor – and possible challenger Richard Codey, the poll found. Both are Democratic state senators.


(Reporting by Alexei Oreskovic in San Francisco and Hilary Russ in New York; Editing by Eric Beech)


Internet News Headlines – Yahoo! News





Title Post: Facebook founder to host fundraiser for New Jersey Governor Christie
Url Post: http://www.news.fluser.com/facebook-founder-to-host-fundraiser-for-new-jersey-governor-christie/
Link To Post : Facebook founder to host fundraiser for New Jersey Governor Christie
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

SAG Awards: Watch Live with PEOPLE









01/24/2013 at 06:30 PM EST



Happy Screen Actors Guild Awards!

On a night when the biggest stars of TV and film honor each other, we will be covering every inch of the red carpet beginning at 6 p.m. ET (3 p.m. PT) on our live pre-show, hosted by PEOPLE's Deputy Managing Editor Peter Castro and PEOPLE StyleWatch Managing Editor Susan Kaufman, right here on PEOPLE.com.

Join our @StyleWatchMag and @peoplemag Twitter party on Sunday to discuss the best dresses, the hottest hair and makeup and the most eye-popping jewels that nominees like Claire Danes, Jessica Chastain and Jennifer Lawrence will be wearing. Just use hashtag #PeopleSAG and your comments could appear on PEOPLE.com.

Once the show starts at 8 p.m. ET (5 p.m. PT), the fun continues as we track the winners, losers and best speeches of the night. PEOPLE editors and the stars, including Busy Phillips, will be Tweeting commentary, exclusive photos, behind-the-scenes tidbits and more on one of Hollywood's most heartfelt nights.

The 19th Annual Screen Actors Guild Awards will air live on TNT and TBS on Sunday, Jan. 27, at 8 p.m. ET (5 p.m. PT) from the Shrine Auditorium in Los Angeles. Be sure to join us!

Read More..