Thursday

KimYe Moves Out of Kris Jenners’ Home, Finally Settle in $11M Mansion


When you are really invested in creating a good life for your family, you’ve got to make some big decisions. For Kanye and Kim, it’s recently about the need to finally leave Kris Jenner’s abode and move into their $11-million mansion.

The move comes after months of waiting on the completion of the renovations in the Bel-Air property. “When we bought our Bel-Air house, we didn’t have a baby, we weren’t even  pregnant. After you have a baby, you realize that you need so many other  things and a different kind of space. So being in the city is a different life. We wanted to be away and have more privacy,” says Kim about the house when they first acquired it.

And now that Saint West has joined in the picture, we’re sure that the Wests will find space and privacy in a home that boasts of 900 square feet and includes a hair and makeup salon (You need a place for Kim’s glam team, right?), gym, two pools, a bowling alley, and a movie theather.

The house is Kim and Kanye’s first of two houses in California as they also purchased another estate in Hidden Hills. With a price tag of $20 million, the house is much closer to Kris’ home but is also still undergoing some renovations. That mansion, on the other hand, has two spas, two swimming pools, and a vineyard along with large custom wardrobe rooms. Maybe something to live in if ever the Wests decide to have a third child?

People]

Photos courtesy of Zillow

source: preen.inquirer.net

Wednesday

Global stocks surge as investors welcome Fed assurance


MANILA, Philippines — Global stocks surged Wednesday as investors welcomed the latest signal from the U.S. Federal Reserve that it will move slowly to raise interest rates. Japan’s Nikkei 225 bucked the trend and closed lower.

KEEPING SCORE: Britain’s FTSE 100 rose 1.4 percent in early trading to 6,193.27. Germany’s DAX climbed 1.4 percent to 10,024.07, while France’s CAC 40 gained 1.4 percent to 4,429.74. U.S. futures augured a positive opening on Wall Street, with Dow futures up 0.5 percent to 17,628 and S&P futures rising 0.5 percent to 2,057.

ASIA’S DAY: Tokyo’s Nikkei 225 lost 1.3 percent, closing at 16,878.96, on the continuing strong yen and the trade ministry’s announcement of a 6.2 percent month-on-month drop in industrial production in February. Hong Kong’s Hang Seng index climbed 2.2 percent to 20,803.39. China’s Shanghai Composite surged 2.8 percent to 3,000.65, while South Korea’s KOSPI rose 0.4 percent to 2,002.14. Australia’s S&P ASX 200 was up 0.1 percent at 5,010.30. Southeast Asian markets also rose.

ASIA’S ECONOMY: Softer growth prospects for China and a weak recovery in major industrial economies are expected to push down economic growth in developing Asia to 5.7 percent in 2016 and 2017, below previous projections, according to an Asian Development Bank report released Wednesday. The region’s economy grew 5.9 percent in 2015. The Asian Development Outlook 2016 said China’s economic growth is seen moderating to 6.5 percent this year from 6.9 percent last year and to 6.3 percent next year. Slower exports, a falling labor supply and supply-side reforms are reshaping the world’s second-largest economy toward more domestic consumption and a further reduction in excess industrial capacity, it said.

THE QUOTE: “September is now the only date the markets are pricing with a better than 50 percent probability of a (U.S.) rate hike,” said IG market analyst Angus Nicholson. “A weaker U.S. dollar not only benefits the dollar-denominated price of many commodities, which are a key export for most emerging markets, but it also lowers the burden of U.S. dollar-denominated debt in a range of emerging markets.”

ENERGY: Benchmark U.S. crude gained 71 cents, rising to $39.00 a barrel in electronic trading on the New York Mercantile Exchange. The contract shed $1.11, or 2.8 percent, to $38.28 a barrel on Tuesday. Brent crude, used to price international oils, was up 60 cents at $40.45 a barrel in London.

CURRENCIES: The dollar declined to 112.23 yen from 112.77 yen. The euro rose to $1.1315 from $1.1287. TVJ

source: business.inquirer.net

UFC: Jon Jones jailed for violating probation, rematch with Cormier in jeopardy

Former Ultimate Fighting Championship (UFC) light heavyweight champion Jon ‘Bones’ Jones is once again at odds with the law, after an Albuquerque judge issued a warrant for his arrest on Tuesday, March 29 (Wednesday, March 30, Manila time).

The troubled mixed martial arts (MMA) star turned himself to authorities in the wake of the citation he got for allegedly drag racing near a traffic stop in Albuquerque, New Mexico, last week—citing reports from MMA website mmamania.com.

It probably didn’t help that Jones, who was once ranked number one in the UFC’s pound for pound list, was videotaped losing his cool and calling the police officer at the scene a ‘despicable pig’.

The 28-year-old New York native is under strict probation due to his involvement in a hit-and-run case in 2015.

One of the terms for his indefinite parole was to stay away from legal trouble—a promise he clearly violated which prompted his arrest.

Jones, who spoke with the MMAHour about the incident, insisted that the details about his felony was completely fabricated by the police officer.

“I think he was a DWI [Driving While Intoxicated] cop. He wanted to find a drunk driver, and once he saw that I was sober, he wanted to find something to justify pulling me over,” said the accused Jones.

He did, however, admit to spatting unpleasant things to the police officer, which Jones claims as something he ‘regrets doing’.

“Bones” is still expected to headline the upcoming UFC 197 pay-per-view (PPV) event on April 23 in Las Vegas, Nevada, against longtime rival and current 205-pound titleholder Daniel Cormier.
Meanwhile, the UFC has recently released a statement to the media addressing the situation via MMA Fighting:

“UFC is aware that Jon Jones turned himself into the Albuquerque Police Department this morning for a potential probation violation stemming from a traffic stop last week. The UFC has been in touch with Jones’ legal team and will have no further comment until the organization has had appropriate time to gather necessary information,”.

source: sports.inquirer.net

Tuesday

Kylie Lip Kits Were Restocked and Sold Out In Just 20 Minutes

When Kylie Jenner announced that she was restocking all eight of her Kylie Lip Kit colors, we figured everyone got their cash and credit cards ready in case it gets sold out fast again like the last time. Well, unluckily for some, the restocked lip kits are also sold out and it only took 20 minutes.



Aside from individually selling the lippies, Kylie Cosmetics also decided to sell a set of all eight of them in the box. This was probably enough motivation for everyone to start crowding the website because it eventually crashed because of the amount of shoppers that were ordering and hoping to get their hands on their own Lip Kit.

This may be sad for those who have been vying for their own lippy since day one, but hey, you can still get dupes that are as good from your nearby cosmetic store while waiting for the next restock.

[Bustle]

source: preen.inquirer.net

Monday

Britain’s Jamie Murray takes doubles World No. 1 spot


Britain’s Jamie Murray, the older brother of two-time Grand Slam singles champion Andy Murray, became the ATP doubles world number one for the first time on Sunday without even taking the court.

Murray will move up from second in the next rankings to dethrone Brazil’s Marcelo Melo after the South American and Croatian partner Ivan Dodig were beaten 7-6 (7/1), 6-4 by Filipino Treat Huey and Belarusian Max Mirnyi at the ATP and WTA Miami Open.

Melo failing to reach the quarter-finals meant he would drop enough points to fall behind Murray, even though the 30-year-old Scottish left-hander had already been eliminated from the tournament.

“Last night I went to bed wondering if that was the closest I would ever get,” Murray posted on Instagram. “Today driving in the car my phone started to go crazy.”

Jamie Murray, who joined his brother to spark Britain to last year’s Davis Cup crown, won the Australian Open men’s doubles crown two months ago alongside Brazilian partner Bruno Soares for his first Grand Slam doubles crown.

He reached his first Grand Slam doubles finals last year alongside then-partner John Peers of Australia, losing in the championship matches at Wimbledon and the US Open.

source: sports.inquirer.net

Sunday

Hugh Jackman saves children from Australia surf–reports


Australian movie star Hugh Jackman helped save children from dangerous surf at Sydney’s famed Bondi Beach, video on local media showed Sunday.

Footage aired by Nine Network showed Jackman, known for his roles in the “X-Men” blockbusters, hauling a man and a child from the waves.

He also then reportedly helped his own son Oscar out of the same rip, a dangerous ocean current.

“He wasn’t rescuing me; I was assisting him to get his daughter up to the sandbar. He then grabbed my hand to get us up,” Peter Adam told the Nine Network.

“He then went to get his son.”

Jackman, who is a regular at Bondi Beach with his family when he is in Australia, had reportedly returned home after promoting his most recent film “Eddie the Eagle.”

source: entertainment.inquirer.net

Saturday

Male and female caffeine consumption ups miscarriage risk—study


WASHINGTON—Women have an increased risk of miscarriage if they or their partner consume more than two caffeinated drinks a day in the weeks leading up to conception, a new US study found.

Women who drink more than two caffeinated beverages per day during the first seven weeks of pregnancy were also more likely to have a miscarriage, according to the study published online late Thursday in the journal Fertility and Sterility.

But rates of miscarriage are reduced for women who take a daily multivitamin before and after conception.

The study, carried out by researchers from the National Institutes of Health and Ohio State University, was based on data from the Longitudinal Investigation of Fertility and the Environment (LIFE) Study.

That study followed 501 couples in Michigan and Texas from 2005 to 2009, examining the relationship between fertility, lifestyle and exposure to chemicals in the environment.

The current study compared cigarette use, caffeinated beverage consumption and multivitamin use among 344 couples when the woman was carrying a single offspring. Of these pregnancies, 98 — or 28 percent — ended in miscarriage.

The researchers’ conclusions were based on a statistical concept called hazard ratio, which estimates the chances of a particular outcome occurring during the study period.

A ratio greater than one indicates increased risk for miscarriage each day following conception, while a ratio less than one indicates reduced daily risk.

The risk of miscarriage was 1.74 when the woman consumed more than two caffeinated drinks a day, the study showed.

However, the risk was almost as high — 1.73 — if the male partner drank that much caffeine or more.

“Our findings also indicate that the male partner matters, too,” said lead author Germaine Buck Louis, director of the Division of Intramural Population Health Research at the NIH. “Male preconception consumption of caffeinated beverages was just as strongly associated with pregnancy loss as females’.”

The study also found that taking a daily multivitamin significantly reduced chances of miscarriage.

Taking a vitamin in the weeks leading up to conception had a hazard ratio of 0.45, a 55 percent reduction in risk for pregnancy loss.

Women who continued to take multivitamins through the early stages of pregnancy had a hazard ratio of 0.21, a risk reduction of 79 percent.

source: technology.inquirer.net

Friday

Garry Shandling, comic, ‘Larry Sanders Show’ creator, dies


LOS ANGELES — Garry Shandling, who as an actor and comedian masterminded a brand of self-inflicted phony docudrama with “The Larry Sanders Show,” has died of an apparent heart attack.

Shandling’s spokesman Alan Nierob said doctors at a hospital where the comedian was pronounced dead said it appeared he died of a heart attack. Nierob said Shandling had no history of heart trouble.

Coroner’s Lt. David Smith said it appeared Shandling died of natural causes, but an official cause of death determination had not yet been made. Smith said no autopsy was planned, but officials would determine Shandling’s cause of death based on medical records and his medical history.

Shandling was taken to a hospital after paramedics were dispatched to his Brentwood home around 10:40 a.m. Thursday, police and fire officials said.

His death stunned the comedy community, who praised Shandling’s humor, kindness and efforts to support and promote them and their craft.

An innovative and eccentric humorist with pillowy lips and a voice that always seemed on the verge of a whine, Shandling claimed to disdain too much logic cluttering his life.

“The answer isn’t gonna be in the facts,” he told The Associated Press in 2009. “It’s gonna be in intuition. That’s how I work creatively. I’m always teaching people that the answer to that creative question is right here, in the room, between us here.”

More to the point, it was dealing with the questions he confronted in himself.

Born on Nov. 29, 1949 in Chicago, Shandling was raised in Tucson, Arizona. On arriving in Los Angeles as a young adult, it was a short hop from a brief stint in the advertising business to comedy writing and stand-up.

Then in the 1980s, he began to experiment with TV comedy, and to toy with the sitcom form, with his first series, “It’s Garry Shandling’s Show,” a Showtime project that made no bones about its inherently artificial nature: The actors in this otherwise standard domestic comedy routinely broke the fourth wall to comment on what they were up to. Even the theme song began with the explanatory lyrics, “The theme to Garry’s show….”

Then, in August 1992, Shandling created for HBO his comic masterpiece with “The Larry Sanders Show,” which starred him as an egomaniacal late-night TV host with an angst-ridden show-biz life behind the scenes.

It was just three months after Johnny Carson had retired from “The Tonight Show,” whereShandling had appeared as a stand-up and occasional Carson stand-in. It seemed a wry but deeply felt homage to the King of Late Night.

But it was more. “Larry Sanders” proved to be an act of courage, a brave effort led by someone portraying a character dangerously close to himself. As Larry, Garry dug deep to confront his own demons, and did it brilliantly as the series teetered between dual realities: public and private; make-believe and painfully true.

Real-life celebrities appeared as guests on Larry’s show-within-the-show, and also interacted with him “off the air.”

David Duchovny, agreeing to come on the show, also came on to Larry romantically once he got the chance.

Jim Carrey delivered a rip-roaring comic tribute to his host on the final broadcast, then, during a commercial break, turned on him in rage over a long-ago slight.

“Are you doing a bit, now?” asked Larry, perplexed.

“We’re OFF the air,” Carrey hissed. “This is real life now.”

The show explored the fuzzy distinction between TV life and real life, and the loneliness of someone at its crossing. The closest thing Larry had to friends were his chronically needy announcer Hank (Jeffrey Tambor) and his Napoleonic producer, Artie (Rip Torn). Together the three actors were among TV’s best-ever trios.

“Garry was my dear friend and was and always will be my teacher,” Tambor wrote in a statement. “Garry redesigned the wheel of comedy and he was the kindest and funniest of Geniuses. I will miss him so much.”

Torn also expressed deep sadness about Shandling’s death. “Working with him was one of the great privileges of my career,” he wrote. “He was a comic talent of immense originality who enthusiastically encouraged and responded to the originality of others.”

After “Sanders” ended in 1998, Shandling’s public appearances were few.

He was mentioned as a candidate to follow David Letterman as a bona fide late-night host for CBS’ 12:30 a.m. slot, but no deal was made.

“I would not do a show where you just sit and talk to somebody,” Shandling had said back in 1993 when he was courted by NBC to take over for Letterman on “Late Night.”

His films included “Hurlyburly” in 1998, “What Planet Are You From?” in 2000 and “Zoolander” in 2001.

He hosted the Emmy Awards in 2000 and 2004.

On the latter occasion, he spotted Donald Trump in the audience and congratulated the billionaire developer for hosting the Emmy-nominated “The Apprentice.”

“Nice to see a man who’s paid his dues, worked hard,” Shandling said. “We all know what it feels like to have to build 80-story condos and gambling casinos just to get our foot in the door in show business.”

Jamie Masada, owner of comedy club the Laugh Factory, said he met with Shandling a few weeks ago and the comedian didn’t appear to have any health problems.

“He looked healthy as could be,” Masada said.

“Garry Shandling, besides being a comedian, I always said he was a doctor of soul. He had a lot of kindness in him. He was a very generous person,” Masada said.

In his own business dealings, Shandling became one of the rich and famous targeted by private eye Anthony Pellicano, who was sentenced to prison in 2008 on convictions of racketeering and more than six dozen other counts, including conspiracy, wire fraud and wiretapping in the Hollywood wiretaps case.

Pellicano was accused of wiretapping stars such as Sylvester Stallone and bribing police officers to run names of people, including Shandling, through law enforcement databases.

While Shandling never married, his most public romance was with “Sanders” co-star and fiancee Linda Doucett, who played Hank’s comely assistant in the series’ early seasons.

Doucett sued Shandling after he fired her following their breakup in the mid-1990s, receiving a reported $1 million settlement, The New York Times reported in 2006.

The news of Shandling’s death brought an outpouring of reactions from performers who spoke of his impact.

“Garry was a guiding voice of comedy,” said actor-comedian Bob Odenkirk. “He set the standard and we’re all still trying to meet it.”

source: entertainment.inquirer.net

Argentina finally scores a few goals, edges Chile 2-1


SANTIAGO, Chile—Argentina, which had scored only two goals in its first four South American World Cup qualifiers, scored that many in the first 24 minutes Thursday in a 2-1 victory over Chile.

Argentina improved to eight points in five matches with a strong victory over Chile, which won last year’s Copa America—the continental championship.

Argentina was the runner-up in the 2014 World Cup, but has been below par qualifying for Russia in 2018.

Felipe Gutierrez scored for Chile in the 10th minute, but Angel di Maria leveled in the 19th and Gabriel Mercado got another five minutes later.

It was a bad start in qualifying for new Chile coach Juan Antonio Pizzi, who replaced Jorge Sampaoli.

Ecuador, the leader in South American qualifying, salvaged a 2-2 draw with Paraguay on Angel Mena’s equalizer in second-half stoppage time. Ecuador improved to 13 points in five matches. Paraguay improved to eight, happy to get away with a point at 2,850 meters (9.350 feet) in Quito.

Enner Valencia gave Ecuador a 1-0 lead in the 19th, but Dario Lezcano scored the next two in the 37th and 58th to give Paraguay hope of a victory.

In La Paz, Bolivia, Edwin Cardona scored in second-half stoppage time to give Colombia a 3-2 victory over Bolivia.

Colombia improved to seven points and Bolivia stayed near the bottom of the standings with three.

James Rodriguez and Carlos Bacca scored first half goals, but Bolivia rallied in the second half as Colombia got tired in the thin air in La Paz located 3,600 meters (11,800 feet) above sea level. Juan Arce and Alejandro Chumacero scored, before Cardoza netted the winning goal for the visitors.

Raul Ruidiaz scored in second-half stoppage time to salvage a 2-2 draw for Peru at home to Venezuela. A first-half penalty from Romulo Otero and Mikel Villanueva’s 57th minute strike gave the visitors a 2-0 lead before Paolo Guerrero reduced the deficit in the 61st.

Uruguay play away to Brazil on Friday in the northeastern city of Recife.

In the next series of matches Tuesday, it’s: Colombia vs. Ecuador, Uruguay vs. Peru, Argentina vs. Bolivia, Venezuela vs. Chile and Paraguay vs. Brazil.

source: sports.inquirer.net

Thursday

The language of God is silence



And in the silence you hear God’s laughter every time you praise and thank Him!

 

Reconciliation conjures many images: two persons making their peace; the sacrament of confession; or, discovering another route to encounter God—the prayer of silence. Centering Prayer brings you to all these and more.

The inability to quiet the mind offers a challenge to one practicing Centering Prayer. Yet, because of this, the prayer bears fruit and opens up the possibility of creating other channels to reach God.

None is more loving and uplifting than the prayer of gratitude. Initiated by the spirit, and in the quiet of the prayer, you find countless ways to say, “Thank you, Lord.”

The annoying tingling sound of the ice cream man all the way down the street makes you cringe and hope it goes away. Then suddenly your heart says, “Thank you!” Why? Because at least you can hear atop, on a 45th floor condo, and with windows sealed. You hear! The sound then becomes friendly.

Lamenting the galloping of years when the heart is left weary and is graying like the rest of you, you start to praise God that you can still walk, climb, dance, paint, travel, and suddenly, everything about you becomes bright.

You whisper, “Thank you, God, I am alive and able, although slightly limited! But alive and loving life!”

Fearing the loss of a beloved can be crippling, and useless, because the person is still around and well, anyway. How liberating it is to enjoy the moment over dinner, a scrumptious ice cream, a stroll in the mall, and a movie. Simply say, “Thank you, we still have each other.”

It is endless because there is just so much to be grateful for. If the only prayer that springs from your heart is “Thank you, Lord,” you will need no more.
Centering Prayer brings you there. The language of God is silence, and in the silence you hear God’s laughter every time you praise and thank Him!

You feel peace, a comforting feeling because you are reconciled with God. Your eyes moisten and vision blurs and you find yourself saying, “Thank you, God, for the gift of tears,” and the silence embraces you.

Visit www.cophil.org

source: lifestyle.inquirer.net

How Student Loans Can Affect Your Mortgage Application

The latest figures show that almost $30 billion is owed by Canadian students in student debt. With many people going back to school in their adult years, this increasing level of student debt brings with it numerous challenges for the average Canadian student. This is clear when examining how student loans can impact your ability to buy or sell a home. And so within this article, we’ll look at how student loans might impact a buyer during their mortgage application process.



Your Debt to Income Ratio

When buying a home, your lender will calculate your debt to income ratio by adding up your monthly payments, along with your expected mortgage, and dividing the total by your monthly income. To qualify for a loan with most companies, your debt-to-income level should be less than 43%. For those with a $20,000 student loan looking to buy a house for $300,000 or more, this debt-to-income ratio could prevent lender approval.

You May Need a Higher Down Payment

In order to decrease their mortgage amount, and thus the amount they’ll be comparing with their income, buyers might consider using a higher down payment for their property. This might mean waiting a little longer to buy their dream home or selling another asset such as a business or a vehicle in order to increase their down payment amount.

Options to Decrease Mortgage Application Challenges

While student debt can have a significant impact on the mortgage application process, buyers do have numerous options available to help overcome these challenges. Let’s look at several steps buyers can take to mitigate the impact student debt has on their mortgage application:

    • Consolidate Loans Into One
For those with numerous loans in addition to their student loan, such as a credit card, it can help to consolidate the loan into one loan repayment. This can reduce the overall cost thereby reducing the debt to income level for the mortgage applicant.
    • Choose a Longer-Term Mortgage
Another way a person with student debt can reduce their long-term debt to income ratios is to choose a longer mortgage term. This will provide a longer period to pay off the mortgage, thereby decreasing month-to-month costs.

It’s important not to let student debt prevent you from moving forward on your home purchase! There are multiple avenues towards buying a new home for those with student debt. To learn more, speak with our trusted experts directly today.

source: northwoodmortgage.com

Wednesday

Asian indexes little changed as Belgian attacks worries ease


TOKYO — Asian stock indexes fell Wednesday in cautious trading, following the deadly bombings in Belgium.

KEEPING SCORE: Japan’s benchmark Nikkei 225 fell 0.3 percent to 17,000.98. South Korea’s Kospi edged 0.1 percent lower to 1,995.12. Hong Kong’s Hang Seng fell 0.7 percent to 20,524.41, while the Shanghai Composite dropped 0.5 percent to 2,983.86. Australia’s S&P/ASX 200 lost 0.5 percent at 5,204.30. Southeast Asian markets were mostly lower.

ATTACK WOES: News of the attacks in Belgium, which killed at least 34 people, had pulled global markets lower, and airlines and travel companies continued to slip in Asia. Major Japanese carrier ANA fell 0.6 percent, while Australia’s flagship carrier Qantas Airways was down nearly 0.3 percent. HIS Co., a major Japanese travel company, slipped 2.3 percent.

WALL STREET: The Dow Jones industrial average lost 41.30 points, or 0.2 percent, to 17,582.57. The Standard & Poor’s 500 index dipped 1.80 points, or 0.1 percent, to 2,049.80. The Nasdaq composite added 12.79 points, or 0.3 percent, to 4,821.66.

THE QUOTE: “The Brussels explosions gave the market a shock yesterday,” said Margaret Yang Yan, market analyst at CMC Markets Singapore. “This attack, together with a series of terrorist attacks believed to have been perpetrated by ISIS since last year, will have an impact on investors’ confidence.”

ENERGY: U.S. crude slipped 52 cents to $40.93 a barrel in electronic trading on the New York Mercantile Exchange. It fell 7 cents to $41.45 a barrel on Tuesday. Brent crude, the benchmark for international oils, fell 38 cents to $41.41 a barrel in London.

CURRENCIES: The euro rose slightly to $1.1206 from $ $1.1200, while the dollar rose to 112.34 yen from 111.65 yen. TVJ

source: business.inquirer.net

How Did Chloe Grace Moretz Turn Down Taylor Swift’s Invite to the ‘Squad’?


Last year, Taylor Swift took over a chock full of international stages throughout the 1989 World Tour and also through bringing her good-looking squad along that included Karlie Kloss, Cara Delevingne, and Kendall Jenner.

It all seems too perfect and logical that these people would be together. But Chloe Grace Moretz seems to know something else. In her latest interview with Complex, the 19-year old actress shies away from directly replying how she accepted or turned down Taylor’s squad and how she declined the offer. “She’s a very talented person,” says Chloe as the interviewer tries to pry more about the invite.

She does, however, give her opinion on squads. “[Squads] appropriate exclusivity. They’re cliques,” she tells the pop culture publication. Furthermore, she goes on to state how she can’t really talk about the inner working of friendships in entertainment.


Hmm…should we expect a comment from Taylor from this statement or will the pop queen simply shake it off? After all, she’s still got some beef with Kanye.
[Nylon]

Photo courtesy of Dazed

source: preen.inquirer.net

Tuesday

Explosions rock Brussels airport, subway; 26 reported dead


BRUSSELS— Explosions, at least one likely caused by a suicide bomber, rocked the Brussels airport and subway system Tuesday, prompting a lockdown of the Belgian capital and heightened security across Europe. At least 26 people were reported dead and dozens of others injured.

A spokesman for the Brussels Metro said 15 people were killed and 55 injured, 10 very seriously, in an explosion on a train. Belgian media initially reported at least 13 dead in two explosions in the airport’s departures area, but later decreased that to 11, citing information from Belgian Health Minister Maggie de Block, who also said 81 people were injured.

“What we feared has happened,” Belgian Prime Minister Charles Michel told reporters. “In this time of tragedy, this black moment for our country, I appeal to everyone to remain calm but also to show solidarity.”

Belgium raised its terror alert to the highest level, diverting planes and trains and ordering people to stay where they were. Airports across Europe immediately tightened security.

European security officials have been bracing for a major attack for weeks, and warned that the Islamic State group was actively preparing to strike. The arrest Friday of a key suspect in the November attacks in Paris heightened those fears, as investigators said many more people were involved than originally thought, and that some are still on the loose.

There was no immediate claim of responsibility for Tuesday’s attacks, and Michel said there was no immediate evidence linking key Paris suspect Salah Abdeslam to them. After his arrest Friday, Abdeslam told authorities he had created a new network and was planning new attacks.

“We are at war,” French Prime Minister Manuel Valls said after a crisis meeting called by the French president. “We have been subjected for the last few months in Europe to acts of war.”

Belgian media reported that 11 people were killed at the airport, where two explosions splattered blood across the departure lounge and collapsed the ceiling. The explosions hit during the busy morning rush. Smoke was seen billowing out of the terminal.

Anthony Deloos, an airport worker for Swissport, which handles check-in and baggage services, said the first explosion took place near the Swissport counters where customers pay for overweight baggage. He and a colleague said the second blast hit near the Starbucks cafe.

“We heard a big explosion. It’s like when you’re in a party and suddenly your hearing goes out, from like a big noise,” Deloos said, adding that shredded paper floated through the air as a colleague told him to run.

“I jumped into a luggage chute to be safe,” he said.

Tom De Doncker, 21, check-in agent intern, was near the site of the second explosion.

“I saw a soldier pulling away a body,” he said. “It felt like I was hit too” from the concussion of the blast.

Zach Mouzoun, who arrived on a flight from Geneva about 10 minutes before the first blast, told BFM television that the second, louder explosion brought down ceilings and ruptured pipes, mixing water with victims’ blood.

“It was atrocious. The ceilings collapsed,” he said. “There was blood everywhere, injured people, bags everywhere.”

“We were walking in the debris. It was a war scene,” he said.

Near the entrance to Brussels’ Maelbeek subway station, not far from the headquarters of the European Union, rescue workers set up a makeshift medical treatment center in a pub. Dazed and shocked morning commuters streamed from the metro entrances as police tried to set up a security cordon.

“The Metro was leaving Maelbeek station for Schuman when there was a really loud explosion,” said Alexandre Brans, 32, wiping blood from his face. “It was panic everywhere. There were a lot of people in the Metro.”

Francoise Ledune, a spokeswoman for the Brussels Metro, said on BFM television there appeared to have been just one explosion on the subway in a car that was stopped at Maelbeek. Spokesman Guy Sablon said 15 were killed and 55 injured in that attack.

At the airport, passengers fled as quickly as they could.

Amateur video shown on France’s i-Tele television showed passengers including a child running with a backpack dashing out of the terminal in different directions as they tugged luggage. Another image showed a security officer patrolling inside a hall with blown-out paneling and what appeared to be ceiling insulation covering the floor.

Marc Noel, 63, was about to board a Delta flight to Atlanta, to return to his home in Raleigh, North Carolina. A Belgian native, Noel says he was in an airport shop buying automobile magazines when the first explosion occurred 50 yards away.

“People were crying, shouting, children. It was a horrible experience,” he told AP. He said his decision to shop might have saved his life. “I would probably have been in that place when the bomb went off.”

With three runways in the shape of a “Z,” the airport connects Europe’s capital to 226 destinations around the world and handled nearly 23.5 million passengers in 2015.

Passengers were led onto the tarmac and the crisis center urged people not to come to the airport. More than 200 flights to Brussels were diverted or canceled, according to flight tracking service Flightradar24

Authorities told people in Brussels to stay where they were, bringing the city to a standstill. Airport security was also tightened in Paris, London and other European cities.

In Paris, France’s top security official said the country was immediately reinforcing security at airports, train stations and metros.

source: newsinfo.inquirer.net

Apple goes small for new iPhone, iPad


CUPERTINO, United States — Apple went small on Monday — cutting prices as well as screen size — as it unveiled a new iPhone and iPad aimed at first-time buyers and customers in emerging markets.

The new launches came as Apple geared up for a high-profile court battle with the US government on encryption and data protection, with chief executive Tim Cook claiming that protecting privacy is an obligation for the tech giant.

The new iPhone SE will debut at $399 for US customers without a contract subsidy, a significant cut from the price of Apple’s larger iPhones.

Apple sold 30 million of its other small-screen iPhones in 2015, company vice president Greg Joswiak said, showing that many customers like the compact size — despite the trend toward bigger displays.

“Some people really love smaller phones,” he told the low-key event at Apple’s headquarters in Cupertino, California, unveiling the aluminum handset with upgraded specifications and other features including Apple Pay.

“In some countries like China, for a majority of these customers, it is their first iPhone.”

The new iPhone model has strong potential in international markets beyond China, particularly in India, according to Creative Strategies analyst Tim Bajarin.

Even though the price tag is higher than low-cost Android handsets that dominate the market, it puts the cherished Apple brand within better reach to people in developing economies.

“It will be a good winner for them,” Bajarin said of the iPhone SE.

“While China is still growing, I think their next big market is India and this is a good first step toward an India focus.”

The iPhone SE will be aimed at first-time Apple buyers and those who want to upgrade from the iPhone 5S and 5C, which have not been updated in over two years. The iPhone 6S, the lowest-cost handset in the large-screen family, starts at $649.

New iPad

Also unveiled at the event was a new iPad Pro that also moves smaller — a 9.7-inch display compared with the 12.9-inch model on the original business-geared tablet.

“It is a large enough display to get all your work done, but easy to carry around,” said Apple vice president Phil Schiller.

The smaller, new iPad starts at $599 for US customers, down from around $800 for the original.

Apple took direct aim at Windows-powered personal computers, noting the large number of machines that are five or more years old but still in use.

The iPad Pro has always been aimed at the business market, but “this is the first I have heard Apple say they were going after the PC crowd,” Bajarin said.

Apple will be taking orders Thursday for the new phone and tablet, with deliveries set for March 31, in the United States, Britain, Australia, Canada, China, France, Germany, Hong Kong, Japan, New Zealand and Singapore, with more markets to be added in April.

Kickstarting upgrades

Apple is seeking “to kickstart the upgrade cycles for both iPhones and iPads,” said Jan Dawson at Jackdaw Research.

“Larger iPhones are still selling in huge volumes, but there’s considerable evidence that some of those who own smaller iPhones are holding onto them rather than upgrading to the new, larger iPhones.”

Dawson said in a blog post that he sees “significant pent-up demand within Apple’s base of iPhone owners who want a smaller iPhone with up-to-date specs and newer features.”

But he added that “this pricing doesn’t get the iPhone down to the kind of prices needed to really spur sales in emerging markets, where older devices have been on sale for some time at similar or lower prices.”

Apple also announced it was cutting the entry-level price for its Apple Watch to $299 from $349 as it unveiled a new nylon band for the device.

Apple has not released sales figures for the smartwatch but analysts have said it has become the market leader.

‘Obligation’ to protect privacy

Cook used the unveiling to reiterate his views on encryption and data protection a day ahead of key court hearing.

“We need to decide as a nation how much power the government should have over our data and our privacy,” Cook told the crowd gathered for the event, one day before a court hearing on a hotly contested FBI effort to force the company to help break into the iPhone of a shooter involved in a deadly December attack.

“We believe strongly we have an obligation to help protect your data and your privacy. We owe it to our customers. We will not shrink from this responsiblity.”

Apple, backed by a broad coalition of technology giants like Google, Facebook and Yahoo, argues that the FBI is seeking a “back door” into all iPhones as part of the probe into the December 2 massacre in San Bernardino, California that left 14 people dead.

Because of the iPhone’s encryption, Apple contends it would need to build a weaker operating system to help the FBI crack the phone’s passcode.

The US Justice Department argues that it is making a “modest” demand that could help reveal vital evidence in a terror case.

source: technology.inquirer.net

US shows interest in Cuban lung cancer vaccines


Now that the 55-year Cuban trade embargo might soon be lifted, many Americans are curiously intrigued at how the largest island nation in the Caribbean beats developed countries in providing high-quality healthcare and medical technology.

Before US President Barack Obama went to Cuba, New York Governor Andrew Cuomo, with the Roswell Park Cancer Institute, visited Havana on a two-day foreign trade mission. A report from Wired.com said they finalized an agreement with Cuba’s Center for Molecular Immunology to export CIMAvax, Cuba’s own lung cancer vaccine, which will be scheduled for clinical trials in the US. The US-based Cancer Institute raised hopes that the drug would be approved by the US Food and Drug Administration.

Research on CIMAvax concluded that it had lower toxicity, fewer side effects, and could be manufactured at a lower cost.

In order to secure the FDA drug application, the Center for Molecular Immunology in Cuba will give the US all the documents needed for the project, including toxicity data and results of past trials. Candace Johnson, CEO of Roswell Park, says she hopes to get approval for testing the vaccine within six to eight months, and to start clinical trials in a year, according to a report.

The vaccine does not shrink tumors, but it can stop cancer cells from growing and spreading rapidly.
 
For decades, Cuba enjoyed superior biotechnology and medical research in the world; in fact, the life expectancy of an average Cuban is on a par with an average American.

Despite decades of bleak economic sanctions, Cuba’s President Raul and his brother Fidel pioneered medical research and technology after the 1981 dengue fever epidemic that resulted in 344,000 cases where 10,300 were severe, and deprived 158 Cuban lives.

Aside from developing a cutting-edge immuno-oncology drug, the country has been a reputable powerhouse when it comes to medical breakthroughs, such as the production of interferon, a protein that is secreted by the immune system’s cells, and localized vaccines for meningitis B and hepatitis B. They also engineered monoclonal antibodies utilized for kidney transplants.

source: technology.inquirer.net

Monday

Apple starts busy week with new iPhone launch


SAN FRANCISCO — Apple is kicking off a busy week: Today the giant tech company will host reporters and analysts at its Silicon Valley headquarters for a product launch event. On Tuesday, its lawyers will square off with authorities in federal court over the FBI’s demand for help unlocking a San Bernardino killer’s encrypted iPhone.

The tech giant’s dispute with the government has commanded headlines for weeks, but it may get scant mention at the company’s product event. Instead, CEO Tim Cook is expected to show off some new additions to the current family of iPhone and iPad devices at Monday’s gathering.

Apple could use a lift. IPhone sales are levelling off, after surging last year to record levels that made Apple the world’s biggest company, by stock market value. And many are wondering if Cook can come up with another big hit.

So far, however, there have been no hints of any dramatic announcements, such as last year’s highly anticipated Apple Watch debut, or major initiatives like the company’s long-rumored but yet-to-materialize streaming TV service.

And even though Cook has been outspoken about his opposition to a judge’s order compelling Apple to write software that overrides iPhone security features, tech analysts say he probably won’t risk overshadowing the company’s products by discussing the case at Monday’s event.

While Apple has been mum about its plans, several analysts expect the company will introduce an upgrade to its older, four-inch iPhone 5S — aimed at consumers who haven’t sprung for the bigger-screen iPhone 6 models that Apple introduced over the last two years. The new phone may come with features like Apple Pay and the company’s fastest processor, which have previously been offered only on versions of the iPhone 6.

Analysts and tech blogs say Apple also may unveil a new model of the iPad Pro, which the company introduced last year with several features — like a detachable keyboard and stylus — designed for business users.

A four-inch iPhone isn’t likely to see the kind of blockbuster demand that Apple enjoyed with its large-screen iPhone 6 and 6S models, according to several financial analysts, but it could help Apple boost overall sales. The smaller phone might also draw some additional users into the market for Apple’s online services, including Apple Music, Apple Pay and the highly profitable mobile App Store.

While shoppers bought a record 74.8 million iPhones in the final three months of 2015, Apple has signaled demand in the current three-month period will fall short of the 61 million iPhones sold in the January-March quarter last year.

Even with new features, analysts say the 4-inch iPhone should sell at a lower price than the larger models, which list at $549 or more. That means it may appeal to some shoppers, especially in overseas markets, who want a premium phone at lower cost. It may also draw interest from owners of older iPhone 5 models who find the larger models unwieldy.

Many analysts expect Apple will release a more dramatically revamped new iPhone 7 in the fall.

The proliferation of iPhone and iPad models may seem contrary to Apple’s traditional focus — espoused by late Apple cofounder Steve Jobs — on producing fewer products that it believes are superior to competitors’ offerings. By contrast, Samsung is known for selling a multitude of phones and tablets at various sizes and prices.

But Apple has gradually expanded its family of devices in recent years to reach consumers in different market categories, which also helps the company sell more online goods and services, said Gartner tech analyst Brian Blau.

“Tim Cook has said he thinks there’s a lot of life left in the iPhone product line, despite the media and investor community pressuring Apple over the potential decline in premium iPhone sales,” Blau said. “I think it’s exactly these types of things that he has in mind.”

source: technology.inquirer.net

Celtics end 4-game skid, down 76ers


PHILADELPHIA — The Boston Celtics were relieved to end their losing streak. Now, they want to get on a roll heading into the playoffs.

Isaiah Thomas led six Celtics players in double figures with 26 points to help Boston snap a four-game skid with a 120-105 victory over the Philadelphia 76ers on Sunday night.

Jared Sullinger added 17 points and 13 rebounds for Boston, which swept the four-game season series against the 76ers to make it eight consecutive wins against Philadelphia. The Celtics avoided matching their longest losing streak of the season with the victory. They improved to 40-30.

“We still had some lulls, but for the most part we got some confidence back and got close to Boston Celtics basketball,” Thomas said. “Back to the winning ways as quick as you can to gain confidence and gain momentum going into the playoffs. We have to lock in these last 12 games.”

Carl Landry scored 26 points for the 76ers, who have lost five in a row and 18 of the last 19 to fall to 9-61.

“Losing is hard – period,” center Nerlens Noel said.

The possibility of Philadelphia matching the 1972-73 76ers for the worst record over an 82-game schedule is growing. Eight of Philadelphia’s 12 remaining games are against clubs who began Sunday with winning records. Seven of the 12 contests are on the road.

Their best chance for a victory may be during a four-game homestand April 2-10 that includes games against New Orleans, the Knicks and Milwaukee – all of which had losing records entering Sunday. Of the remaining opponents, the 76ers have defeated only Portland. Philadelphia routed the Trail Blazers 114-89 on Jan. 16 at home, a defeat they will try to avenge Saturday night in Portland.

Philadelphia managed to hang around for much of the third quarter, twice cutting the Celtics’ lead to six points. The final time came with 2.4 seconds left in the period on T.J. McConnell’s short, baseline jumper that made it 85-79. But Thomas raced the ball up the court and drained a 3-pointer as time expired to give Boston an 88-79 advantage entering the fourth quarter.

The 76ers got as close as four points in the final period on Landry’s dunk with 9:20 left that made it 91-87, but they wouldn’t get any closer.

“Our guys came out ready, came out focused,” Celtics coach Brad Stevens said. “We knew it was an important game to play well. You can’t always control the results, but you can control your input into it. Guys played with good purpose.”

NOEL’S NIGHT

Philadelphia wasn’t helped by Noel fouling out with 4:49 remaining. Noel finished with four points, eight rebounds and five assists and was 2 for 8 from the field and 0 for 4 from the free-throw line.

0-FOR-17

The 76ers’ chances of beating the Celtics took a hit in the first quarter when they missed 17 straight shots on their way to a 28-16 first-quarter deficit.

“That’s hard to do,” Philadelphia coach Brett Brown said.

Philadelphia shot 19.2 percent (5-for-26) from the field in the period.

HEALTHY EATERS

The Celtics’ postgame spread for the players and staff featured a full table of fruits and vegetables, much more than normally seen for visiting teams in Philadelphia.

BALANCED SCORING

All five Celtics starters reached double-figures. Besides Thomas and Sullinger, Avery Bradley scored 20, Amir Johnson had 18 and Evan Turner netted 17. Marcus Smart came off the bench for 15 points.

TIP-INS

Celtics: A large contingent of Celtics fans was scattered throughout the Wells Fargo Center crowd of 15,103. … Boston also defeated the 76ers 112-92 on Jan. 24 in Philadelphia and twice in Boston, 84-80 on Nov. 26 and 112-95 on Oct. 28.

76ers: C Jahlil Okafor will have season-ending knee surgery on Monday. The rookie has missed the last 11 games. … C Joel Embiid returned to Qatar for treatment on his ankle. … Forwards Robert Covington (concussion) and Richaun Holmes (Achilles) each missed their fourth consecutive game. … Philadelphia opens a four-game road trip Monday night in Indiana. . Brown was issued a technical foul with 7:09 left in the second quarter.

UP NEXT

Celtics: Host Orlando Monday night.

76ers: At Indiana Monday night.

source: sports.inquirer.net

Cyber theft a blow to efforts to lure investors


THE PHILIPPINES’ failure to address loopholes in anti-money laundering safeguards could affect even foreign investments in the infrastructure space, a conduit for which is the Aquino administration’s flagship Public Private Partnership (PPP) program.

PPP Center executive director Andre Palacios said there was concern over how a recent $81-million cross-border money laundering scandal that hit the country could hurt efforts to lure foreign investors.

The scheme involved the theft of funds from Bangladesh’s central bank, which passed through the Philippine financial system through Rizal Commercial Banking Corp. (RCBC) and was then laundered in local casinos.

The worries come as the program pushes a pipeline of 37 deals worth P1.31 trillion to build or modernize crucial airports, trains and expressways, apart from power, water and social infrastructure projects.

“There will be some negative implications on investor interest,” Palacios said.

He clarified that the PPP Center was not directly involved in the matter and would not take an active lead in pushing for reforms in the law.

One lawmaker already warned that a blacklisting by Paris-based Financial Action Task Force (FATF) places the country’s financial sector and credit ratings at risk. Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. said he was open to easing the bank secrecy law that was perceived to be hampering a probe launched by the Senate.

The cyber theft prompted the resignation of the central bank governor of Bangladesh and has placed the spotlight on the Philippines as a weak spot in the global battle to curb money laundering activities. Casinos in the Philippines are not covered by the Anti-Money Laundering Law.

Palacios said the PPP Center would do its part in explaining and allaying investor fears should the issue be raised in investment briefings and roadshows.

For his part, Astro del Castillo, First Grade Finance Inc. managing director, downplayed risks that the country would be demoted to the “gray” list of the FATF as both the government and private sector were cooperating to “plug the leaks.”

But he noted that risks remained as a probe was still ongoing and the “real picture” has yet to emerge.

Luring foreign investors with deep pockets and technological expertise is a key part of sustaining the country’s PPP program, whose projects continue to grow larger in scale and complexity.

Local conglomerates in the PPP space have already tapped global railway and airport companies in previous and ongoing bids.

In 2014, the world’s biggest airport operators joined the auction for the Mactan Cebu International Airport contract, which was eventually bagged by Megawide Construction Corp. and India’s GMR Infrastructure.

source: business.inquirer.net

Sunday

Bangladesh heist exposes Philippine dirty money secrets


When mystery hackers launched a stunning raid on Bangladesh’s foreign reserves, a plot worthy of a John le Carre spy novel was sparked in the Philippines, exposing the Southeast Asian nation as a dirty money haven.

The $81 million stolen from the Bangladesh central bank’s American accounts last month was immediately sent via electronic transfer to the Philippines, with the thieves deliberately targeting their laundering location.

The Philippines has some of the world’s strictest bank secrecy laws to protect account holders, while its casinos are exempt from rules altogether aimed at preventing money laundering.

“The Philippines is very attractive (for dirty money) because our laws have gaping holes. It’s easy to launder money here,” Senator Sergio Osmeña, who is pushing for stronger anti-money laundering laws, told AFP.

Still, if the thieves were to get away with their audacious heist, the money had to be moved quickly through the banking system and into the casinos.

And it did.

Authorities took four days to order a recall of the money.

But by then it had vanished — leaving in its place a tale of death threats, bribes, shady business figures and a bank manager who could be the villain or a victim.

“I did not do anything wrong. If this is a nightmare, I want to wake up now,” the manager, Maia Deguito, told ABS-CBN television this week after authorities stopped her at Manila airport from trying to leave the country.

“I live everyday in fear.”

With authorities in Bangladesh and elsewhere bamboozled over who masterminded the cyber-heist, Deguito’s role as manager of the bank that accepted and shifted the money has come under intense scrutiny.

She has accused the bank’s president, Lorenzo Tan, of ordering her to move the money. He has fiercely denied the accusations.

Philippine senators who launched an inquiry this week into the affair are yet to determine whether she was a scapegoat or not, but are convinced she was not the mastermind.

“It’s a big operation. This could not have been done out of the Philippines alone,” Senator Ralph Recto said.

The Senate inquiry and another probe by the Philippines’ Anti-Money Laundering Council have hit several major hurdles, including a security camera at the bank not working when the money was shifted.

Accusations and counter-accusations between Deguito and RCBC management have further confused investigators.

‘Money trail’

A final roadblock has emerged at the casinos, with the money apparently vanishing in mountains of gambling chips and mysterious middlemen.

“Our money trail ended at the casinos,” Julia Abad, deputy director of the anti-money laundering council, told senators Tuesday.

On February 5, the same day Bangladesh Bank was hacked, the money was sent electronically to four accounts in Deguito’s RCBC branch in the financial capital of Makati, according to testimony to the Senate inquiry.

Those accounts appeared to have been set up solely for that purpose because they were done using aliases, the Senate inquiry heard.

After that, the bulk of the money was transferred into accounts of a local ethnic Chinese businessmen, William Go, who has since protested his innocence. He said his signature was forged to set up the accounts.

From there, the money was briefly held by Philrem, a foreign exchange brokerage.

Philrem President Salud Bautista told the Senate inquiry $30 million went to a man named Weikang Xu.

He was described as a casino junket operator but senators have said they know little more about him other than he is of Chinese origin.

The anti-money laundering council said another $29 million ended up in Solaire, a casino on a glittering Manila bayside strip that the Philippines hopes will become one of the world’s biggest gambling destinations.

That money was exchanged into chips but could only be turned back into cash after being played in the casino, its management told the Senate inquiry.

Another $21 million was sent to Eastern Hawaii Leisure, which runs a sparsely furnished casino with Chinese-only television in Santa Ana, a sleepy town in the far northern Philippines, according to the council.

Senator Osmeña said the case was likely just the tip of the iceberg.

“This could have happened hundreds of times already,” he said.

“We discovered this one only because someone complained. But normally, if a drug dealer from Burma (Myanmar) or China would send money here, no one would complain.”

source: globalnation.inquirer.net

4 Tips To Pay Off Your Debt Faster

Debt can have a significant impact on a person’s lifestyle and stress levels. It can become a cloud that prevents them from achieving their dreams and reaching their long-term objectives. But for those currently struggling with debt problems, there are multiple fast debt relief options available. In this latest post, our team highlights four tips to pay off your debt faster.




  1. Pay More on High Interest Debt
  2. Tackling the debt with the highest interest rates is the best way to make significant progress in relieving debt. This means that those debts to multiple institutions should review the debt with the highest accumulating interest rate and place their available capital into this debt first and foremost. Because the highest interest rate accumulates the fastest, focusing on this accruing debt first will help prevent further financial issues.

  3. Evaluate Your Vehicle Choices
  4. One of the leading reasons Canadians take on debt is to pay for vehicles and vehicle repair. These two expensive items in the average family’s annual expenditures can lead to significant debt levels. Families with multiple cars should consider their public transit options. Is there a bus route for traveling to the office? Is the extra vehicle costing more in insurance that its true value on a weekly basis? By reviewing their vehicle choices carefully, families can cut their expenditures significantly.

  5. Become a Part of the 5-to-9 Generation
  6. The 5-to-9 trend has seen a growing number of people take additional part time work between the hours of 5pm and 9pm. Whether they use the time to work at a local retail location or to pursue a paid position within their field, it’s a great way to alleviate debt problems. By simply earning a few hundred dollars a month outside of regular working hours, those in financial strife can use the money to cut down on their long-term debt.

  7. Track Spending
  8. Tracking spending is vital when attempting to enhance the family’s financial position. It’s important that each meal out is catalogued, grocery lists are analyzed and amended, utilities and cable bills reviewed carefully. Many people are astounded at the amount of money they’ve been spending when they look at their expenditures more closely. By simply tracking spending and using money only for the essentials, debt can be quickly eliminated.
Eliminating debt is not a short-term, one step process. It’s a process that requires a long-term commitment and a clear-headed approach. By following the tips in this article, families can quickly begin to reduce the debt levels and start on the road to assured financial freedom. To learn more, speak with our experts!

source: northwoodmortgage.com

Saturday

NFL: Ravens’ Tray Walker dies of dirt bike crash injuries


BALTIMORE — Baltimore Ravens cornerback Tray Walker, who played one season in the NFL, died Friday of injuries from a dirt bike crash in Miami.

His godmother confirmed the 23-year-old Walker’s death, according to the Ravens.

Walker was riding a Honda dirt bike with no lights and wearing dark clothing when he collided with a Ford Escape on Thursday night, Miami-Dade Police said. He had been in Jackson Memorial Hospital in critical condition.

A fourth-round 2015 draft pick, Walker played in eight games last season, mostly on special teams.

Ravens coach John Harbaugh wrote a heart-felt letter to his players Friday before Walker died. Later, in a statement, Harbaugh said, “Tray was a young man with a good and kind heart. He was humble and loved everything about being part of the Ravens’ team. He loved his teammates — the practice and the preparation — and that showed every day. … I’ll never forget that smile.”

General manager Ozzie Newsome, who drafted Walker, said, “Tray was one of the most humble persons we brought in for a pre-draft visit. That was striking. After we drafted him, he and his family were so excited to receive the call that he was about to become a Raven. It was one of the calls I will always remember. There was such joy for Tray and his family.”

Walker made only one tackle with Baltimore, but he made a lasting impression on those around him.

“Tray was a young man who was full of energy and promise,” quarterback Joe Flacco said. “This is very hard to wrap my head around, and I am devastated.”

Walker played high school football at Miami Northwestern High School before enjoying a four-year career with Texas Southern. He was second-team All-Southwestern Athletic Conference in 2014.

“Tray had a hard shell,” Ravens cornerback Jimmy Smith said, “but once you broke through that, you found a person who was learning how to become a man and was so eager to be a great person and professional. I am heartbroken for his family.”

Walker’s death was felt throughout the organization, all the way to the top.

“We have two sons not too much older than Tray, and we can’t imagine how much his family is suffering,” team owner Steve Bisciotti said. “This is so sad. The right words are hard to find at a time like this. As much as we can comfort Tray’s mom and the rest of his family, we will.”

source: sports.inquirer.net

Friday

Spotify reaches royalty deal with music publishers


NEW YORK—Spotify, the leader in the booming streaming industry, on Thursday reached a settlement to improve royalty payments to US music publishers as the company hopes to avoid potentially costly lawsuits.

The National Music Publishers’ Association, which advocates on behalf of the US houses that hold songwriters’ copyright, announced the deal which relates to songs whose authors have been difficult to identify.

Amid the rapid growth of streaming, which allows unlimited on-demand music, Spotify has faced charges that it paid little attention to ensuring proper payment of royalties, which go both to performers and the often more anonymous songwriters.

Although songwriter credit on modern commercial music is easily obtained, the details are often missing or incorrect on the digital files for obscure or older songs.

Under the agreement, the Swedish company said it would put forward to publishers a pool of money it has stored for previous unmatched royalties and add to it a “large bonus compensation fund.”

A joint statement did not specify the amount. A person familiar with the deal said on condition of anonymity that Spotify’s existing pool was $16 million and that it was adding another $5 million.

Spotify and the music publishers committed to building a database to match streamed songs to their writers more consistently.

“As we have said many times, we have always been committed to paying songwriters and publishers every penny,” Spotify spokesman Jonathan Prince said in the statement.

David Israelite, the president of the publishers’ association, pledged to keep pushing “digital services to properly pay for the musical works that fuel their businesses.

“After much work together, we have found a way for Spotify to quickly get royalties to the right people,” he said.

Major lawsuits loom

David Lowery, best known for leading the alternative rock bands Cracker and Camper Van Beethoven, filed a $150 million lawsuit in December alleging that Spotify has systematically infringed on copyright in its rush to upload a vast music library.

He wants a US judge to declare a class action lawsuit in which all aggrieved artists could claim royalties from Spotify.

Lowery’s lawyer Mona Hanna criticized Thursday’s agreement as an attempt by Spotify to limit its liability “in secret, without court oversight” and questioned the deal’s enforceability.

“Thousands of songwriters have been harmed by Spotify, and a class action is the best way to protect their songs and their livelihood,” said Hanna, a managing partner at firm Michelman & Robinson.

Songwriter Melissa Ferrick in January also filed a $200 million class action lawsuit against Spotify on slightly different legal grounds.

Individual publishers, which range from major players to small artist-run imprints, will have to choose whether to enter the deal or back one of the lawsuits.

Under the agreement, Spotify will send a royalty check for all songs it cannot match back to the group of publishers — but only those that take part in the deal.

The joint statement did not specify how the money would be divided among the publishers.

Spotify will keep paying normal royalties to publishers regardless of whether they agree to the settlement.

The private company, which is estimated to be worth more than $8 billion, says it has paid back more than $3 billion in royalties since its launch in 2008.

Critics, notably pop superstar Taylor Swift, disapprove of Spotify’s advertising-backed free tier through which three-quarters of its more than 75 million users listen without paying.

Spotify and the publishers’ group voiced confidence that the deal would benefit the entire industry as identification problems are not unique to Spotify.

source: entertainment.inquirer.net

Seattle police release photos gun Kurt Cobain suicide gun


SEATTLE — Police in Seattle have released photos of the shotgun Nirvana frontman Kurt Cobain used to kill himself more than two decades ago.

Seattle police cold case Detective Mike Ciesynski is shown holding Cobain’s gun at different angles in five photos posted to the police department’s website Wednesday.

Police say the photos were taken in June 2015, added to the city of Seattle’s computer system March 3 and since then have been added to the investigative file.

Police did not say why they took the photos last year or why they’re releasing them to the public at this time.

A message left with Seattle police wasn’t immediately returned.

Cobain’s body was found in Seattle on April 8, 1994. An investigation ruled his death a suicide.

source: entertainment.inquirer.net

Thursday

Messi to China? I hope not, says La Liga chief


SINGAPORE—The head of Spain’s La Liga said the cashed-up Chinese Super League wasn’t far from becoming one of the world’s top football competitions — but he hopes Lionel Messi and Cristiano Ronaldo aren’t headed there just yet.

Speaking in Singapore, La Liga president Javier Tebas also told AFP that he welcomed China’s burgeoning interest in football, which includes investments in Spain’s Atletico Madrid and Espanyol.

Atletico’s Colombian striker Jackson Martinez, signed for 42 million euros ($47 million) by Guangzhou Evergrande, was one of the big signings in China’s lavish spree during the recent transfer window.

But Tebas said he hoped Barcelona and Real Madrid superstars Messi and Ronaldo weren’t about to join China’s growing band of expensive foreign imports.

“You’ll have to ask them that but I certainly hope not,” he said during a visit to Singapore, adding: “There are enough football stars to go around.”

“Even though some improvement is needed at the moment, it’s slowly raising its standard,” Tebas, speaking through a translator, said of the Chinese Super League.

“And in a few years, if the standard is better, it can become among the top in the world. All of us will reap the benefits because it means we can all work together to increase standards.”

A pre-retirement stint would be more likely for Messi and Ronaldo if they were tempted by China, although reports have also linked some of football’s biggest names to CSL clubs.

Model owners

Inspired by a push headed by President Xi Jinping to turn China into a footballing power, Chinese teams have invested heavily in foreign players, often for outlandish sums.


Chinese clubs smashed the Asian transfer record four times as they splashed 331 million euros ($366.8 million) in the January-February transfer window, outstripping the English Premier League.

Chinese businesses have also invested in European football, with one state-backed company taking a $400 million stake in England’s Manchester City.

A Chinese company also sponsors Portugal’s second division, and sparked concern over plans to impose a quota of players from China.

But Tebas said China’s investments in La Liga were a “good opportunity” for Spanish clubs as they raised teams’ profile in the massive Chinese market.

Wanda Group, owned by Chinese billionaire Wang Jianlin, has a 20 percent stake in Atletico, and a Chinese model car-maker is the majority owner of Espanyol.

“Because they have an interest in the league, we feel it’s a good opportunity because this helps their investment,” Tebas said.

“It also allows the teams to have an increased profile in China,” he added.

Tebas also said La Liga’s ability to retain key players would depend on its spending power, although he was confident Spanish clubs would remain competitive in the transfer market.

“This is an issue of finance, whether the La Liga is still growing,” he said. “If we continue on that path, and have enough future resources, we will be able to keep our players.”

source: sports.inquirer.net

Nike unveils its first self-lacing sneaker


NEW YORK — Forget about slipping out of your shoes because of loose laces or feeling pressure from too-tight tying when doing those sprints.

Nike Inc. has unveiled its first power-lacing sneaker — it allows users to make the fit looser or snugger on the fly by pressing buttons on the side of the shoe.

The world’s largest sportswear brand, based in Beaverton, Oregon, unveiled the sneaker along with a host of other innovations Wednesday at a media event in New York.

The innovations come as Nike is digging deeper into personalized products and services, while focusing on reaching a goal of posting $50 billion in annual revenue by the end of its fiscal 2020 year. It reported $30.6 billion in revenue for its latest fiscal year that ended in May.

Other innovations Nike highlighted include “anti-clog traction,” which uses technology that prevents mud from sticking to the soles of soccer cleats.

Nike also unveiled a new Nike Plus app, an all-access pass for athletes. The app, available in June, connects to its suite of apps that include running and training aids and provides access to Nike experts.

“We’ve entered a new era of personalized performance,” said Mark Parker, Nike’s president and CEO. “Today, athletes want more than just a dash board. They want a relationship.”

Nike says that the potential for shoes with adaptive lacing is huge because it provides tailored-to-the-moment custom fit.

When users step into the shoe, their heel will hit a sensor. The athlete then can press two buttons on the side that adjust the grip. But Nike says that in the future, it won’t be manual. The sensor could sense when the user needs to have the shoe tighter or looser.

The self-lacing sneaker, which is called “Nike HyperAdapt 1.0,” will be out starting the holiday season and will only be available for members of its loyalty Nike+ app. It will be available in three colors. The price was not revealed.

“The adaptive lacing system is an excellent first step towards truly adaptive personalized footwear,” said Matt Powell, sports industry analyst at NPD Group Inc., a market research firm.

source: business.inquirer.net

Wednesday

LOOK: Taylor Swift, Calvin Harris mark 1st anniv with romantic getaway


Taylor Swift and Calvin Harris recently celebrated their first year as a couple with a beach trip.

Swift flaunted her toned body in a bikini.

There was also a photo of Swift and Harris kissing on the beach which has since received more than 1.4 million likes on Instagram.

The photos were posted on Swift’s Facebook page a week after the couple celebrated their anniversary last March 6.

The “Bad Blood” singer also posted a photo of her initials and Calvin’s in the sand. A.W. stands for Adam Wiles, Harris’ real name.

The love story between the singer and the DJ reportedly began backstage during the Brit Awards. Before Harris, Swift had a two-month relationship with “One Direction” member Harry Styles. AJH/RAM

source: entertainment.inquirer.net

Is Paolo Ballesteros suspended from ‘Eat Bulaga’?


Fans and netizens have expressed concern over the absence of “Eat Bulaga” mainstay Paolo Ballesteros during the past episodes of the longest-running noontime show in the country.

Ballesteros’ absence from the show has fueled rumors that he has been suspended.

A Bandera report said that netizens have speculated that the possible cause of suspension of the host was his series of Facebook posts where he vented against the production staff who he claimed did not take care of him in a hosting stint.

“UHM EXCUSE ME MGA MAGAGALING NA PRODUCTION, ANDITO NA HO ANG MGA MAIN HOSTS NINYO SA HOTEL. WALA MAN LANG TAO DITO NA MAGAASIKASO SAMEN AT KAME PA MISMONG MGA MAIN HOSTS ANG MAGAAYOS NG KWARTO NAMEN? HINIHINGAN PA KAMI NG ID NG HOTEL.

(Excuse me, production people, your main hosts are already in the hotel. There’s no one here to take care of our needs and we even had to fix our own bed. The hotel even asked for our IDs.)

“E total hanggang ngayon wala pa ring nagsasabe sa amen kung anong magaganap, pati mga makeup artist namen at wardrobe andito na sa room lahat kame CLUELESS, at wala atang may alam sa inyo kung ano ang magaganap, oorder nako ng redhorse at iinom nalang ako sa kwarto ko ok. Wag nyo kong IISTORBOHIN. Bow. Shot na,” Ballesteros posted on his Facebook account.

(Because until now, we have not been briefed what would happen, even our makeup artist and wardrobe stylist in the room are clueless, and because you also seem not to know anything, I will just order beer and drink in my room. Do not disturb me.)

The Bandera reported that Ballesteros was supposed to host one of the events of the Ad Summit Pilipinas 2016 which was held at Subic Bay Freeport Zone last March 9 to 12.

He did not appear as a host during the March 10 dinner which was supposed to be produced by TAPE Inc.

In a text message sent to Bandera, Malou Choa Fagar of TAPE Inc. kept mum about Ballesteros’ alleged suspension.

“It is an internal matter and like all other internal matters, it is our company’s policy not to discuss it in public,” she said. AJH/IDL

source: entertainment.inquirer.net

Bangladesh central bank chief forced to resign over $81-M heist


DHAKA—Bangladesh’s central bank chief has resigned after hackers stole $81 million from the nation’s foreign reserves in one of the biggest bank heists in history, the finance minister announced on Tuesday.

The audacious cybertheft has embarrassed the Bangladesh government, triggered outrage in the impoverished country and raised alarm over the security of the country’s foreign exchange reserves of over $27 billion.

On Tuesday, the finance minister said he had asked Atiur Rahman to resign following revelations that the governor of Bangladesh Bank—the country’s central bank—had failed to inform authorities of the theft for a month.

“He called me Tuesday and I’ve asked him to resign. And he has resigned today,” Finance Minister A.M.A. Muhith told Agence France-Presse (AFP), adding that the government has ordered an investigation of the heist.

On Feb. 5, hackers stole $81 million from a current account that Bangladesh Bank held with the Federal Reserve Bank of New York and transferred the cash electronically to accounts in the Philippines.

The hackers attempted to steal almost $1 billion, but they were prevented from taking more because of a basic typing error, the Bangladesh Bank’s deputy governor told AFP last week.

Before his resignation, an emotional Rahman said he was alarmed by the hack, but he did not comment on why he took so long to report the missing money.

“This event was almost like a militant attack, almost like an earthquake. I did not realize how it happened, from where it originated and who had done it,” he said, choking back tears.

“When I was informed I was so puzzled. Fearing that it might destroy our economy, I quickly took opinion of the experts. I brought them to the country from abroad and ensured security so that it did not occur again,” he added.

Due to retire

Rahman, a 64-year-old economist and former university professor, was appointed governor of Bangladesh Bank in 2009 and had been due to retire in August.

As details of the scandal emerged last week, he flew to India to attend an International Monetary Fund meeting, leaving junior officials scrambling to explain how the hackers managed to take such large sums from Bangladesh Bank.

Some of the funds have been recovered and Philippine authorities have frozen the stolen money following court orders. Bangladesh Bank suspects the hackers were Chinese.

The thieves, who bombarded the New York bank with dozens of transfer requests, attempted to steal a further $850 million, but the bank’s security systems and typing errors in some requests prevented the full theft.

The hack took place on a Friday, when Bangladesh Bank is closed, while the Federal Reserve Bank in New York is closed on Saturday and Sunday.

The US reserve bank, which manages the Bangladesh Bank reserve account, has denied its own systems were breached.

The $81 million was transferred to four accounts at Rizal Commercial Banking Corp. (RCBC) in the Philippines—and were then transferred to fictitious bank account.

The money was then transferred to Philippine casinos, Julia Bacay-Abad of the Philippine Anti-Money Laundering Council told a Senate hearing on Tuesday.

The RCBC account has been frozen.

Mystified by attack

Rahman launched a series of populist policies to take bank services to the doorstep of millions of rural poor in Bangladesh.

But his tenure was marred by a spate of high-profile banking scams in which state-owned banks lost hundreds of millions of dollars in bad loans.

On Tuesday, Rahman said authorities were still mystified by the attack as he defended his decision to delay informing the government.

He added that making the news public earlier would have risked tipping off the hackers.

“I don’t deny that I took time [to inform the finance minister]. It was a cyberattack and even today we don’t know from where it originated,” he said. AFP

source: globalnation.inquirer.net

PlayStation virtual reality gear to launch in October


SAN FRANCISCO—Sony plans to make virtual reality — long the stuff of films cast off into a distant future — mainstream with the October release of PlayStation VR headgear priced at $399.

“Virtual reality represents a new frontier for gaming, one that will forever change the way users interact with games,” Sony Computer Entertainment chief executive Andrew House said during a press event in San Francisco on Tuesday.

Sony chose October for the launch of PlayStation VR to allow time for making enough units to meet anticipated demand and to let developers get games ready for the headsets, according to House.

The headsets are designed to plug into PlayStation 4 (PS4) consoles.

Sony touted PS4 as its fastest-selling console ever with more than 36 million of them bought since they hit the market in late 2013.

But there is competition and Facebook-owned virtual reality start Oculus is set to begin shipping its Rift headsets later this month.

Oculus has been taking orders for Rift at a price of $599 and has worked with computer makers to certify machines as powerful enough to handle the technology.

Pre-orders have also been taken on bundles combining Rift with compatible gaming computers starting about $1,500.

Buying a PS4 and PlayStation VR would add up to about half that price.

“We are proud of the price point we have been able to achieve,” House said of PlayStation VR.

PlayStation VR users will still need to buy camera and controller accessories, pushing the price up slightly, but it is considerably less expensive than rival headsets that synch to gaming computers, according to Gartner analyst Brian Blau.

“The cost of ownership of PlayStation is going to be a lot more affordable than the PC (personal computer) counterparts,” Blau told AFP after attending the Sony event.

And, since millions of PS4 have already been bought, the price of adding virtual reality is comparably lower for owners of those consoles since no computer upgrade is needed.

Game makers dive in


More than 230 developers and publishers are working on games for PlayStation VR, with some 50 titles expected to be available by the end of this year, according to Sony.

The list included French video game titan Ubisoft, which is creating an “Eagle Flight” game that lets players virtually take wing, and a collaboration between Electronic Arts, DICE, and Lucasfilm on a new “Star Wars Battlefront” title for PlayStation VR.

PlayStation motion-sensing “Move” wand-shaped controllers were used to provide “hands” in some titles demonstrated at the event

Virtual reality was a hot topic at a Game Developers Conference (GDC) taking place a short distance from the Sony press briefing.

Chip makers showed off powerful processors designed to handle rendering rich, immersive graphics in virtual worlds. Games shown off at GDC included titles tailored for PlayStation VR and rivals Oculus Rift and HTC Vive.

Thirty-year-old GDC bills itself as the largest and longest-running event for professional game makers.

This year, GDC integrated an inaugural Virtual Reality Developers Conference focused on “making immersive virtual reality and augmented reality experiences.”

The virtual reality portion of GDC had to be moved to larger rooms to double the capacity in response to heavy demand, according to organizers.

In a sign that virtual reality is poised to extend beyond gaming, PlayStation VR boasted a Cinematic mode that can let people watch digital video on large virtual screens.

House promised more information on “entertainment content” in coming months.

“It makes sense that you should be able to see all kinds of PlayStation content inside the headset,” analyst Blau said.

“I think it will extend PlayStation into areas it has never been before.”

For example, Blau noted, PlayStation VR could expand to include sports viewing, streaming films or television shows, and even be put to work use by businesses.

source: technology.inquirer.net