Sunday, June 30, 2013

Crowds march in Egypt, pushing for Morsi removal

An Egyptian protester waves a national flag as Egyptians gather in Tahrir Square during a demonstration against President Mohammed Morsi in Cairo, Sunday, June 30, 2013. Hundreds of thousands of opponents of Egypt's Islamist president poured out onto the streets in Cairo and across much of the nation Sunday, launching an all-out push to force Mohammed Morsi from office on the one-year anniversary of his inauguration. Fears of violence were high, with Morsi's Islamist supporters vowing to defend him. (AP Photo/Amr Nabil)

An Egyptian protester waves a national flag as Egyptians gather in Tahrir Square during a demonstration against President Mohammed Morsi in Cairo, Sunday, June 30, 2013. Hundreds of thousands of opponents of Egypt's Islamist president poured out onto the streets in Cairo and across much of the nation Sunday, launching an all-out push to force Mohammed Morsi from office on the one-year anniversary of his inauguration. Fears of violence were high, with Morsi's Islamist supporters vowing to defend him. (AP Photo/Amr Nabil)

Opponents of Egypt's Islamist President Mohammed Morsi protest outside the presidential palace in Cairo, Egypt, Sunday, June 30, 2013. Hundreds of thousands of opponents of Egypt's Islamist president poured out onto the streets in Cairo and across much of the nation Sunday, launching an all-out push to force Mohammed Morsi from office on the one-year anniversary of his inauguration. Fears of violence were high, with Morsi's Islamist supporters vowing to defend him. (AP Photo/Hassan Ammar)

Supporters of Egypt's Islamist President Mohammed Morsi hold sticks and shields as they rally in Nasser City, Cairo, Egypt, Sunday, June 30, 2013. Hundreds of thousands of opponents of Egypt's Islamist president poured out onto the streets in Cairo and across much of the nation Sunday, launching an all-out push to force Mohammed Morsi from office on the one-year anniversary of his inauguration. Fears of violence were high, with Morsi's Islamist supporters vowing to defend him.(AP Photo/Hassan Ammar)

Graffiti, including a caricature of President Mohammed Morsi, left and ousted President Hosni Munarak, is painted on the wall of a building across from the Ministry of Culture in Cairo, Egypt, Sunday, June 30, 2013. Hundreds of thousands of opponents of Egypt's Islamist president poured out onto the streets in Cairo and across much of the nation Sunday, launching an all-out push to force Mohammed Morsi from office on the one-year anniversary of his inauguration. Fears of violence were high, with Morsi's Islamist supporters vowing to defend him. The red Arabic words below the face drawing reads, "Whoever cost it didn't die." The Arabic next to the face drawing reads, "Down with the rule of sheep." The red and white Arabic reads, "The revolution is everywhere against the killer and the traitor." (AP Photo/Hiro Komae)

Opponents of Egypt's Islamist President Mohammed Morsi protest outside the presidential palace, in Cairo, Egypt, Sunday, June 30, 2013. Hundreds of thousands of opponents of Egypt's Islamist president poured out onto the streets in Cairo and across much of the nation Sunday, launching an all-out push to force Mohammed Morsi from office on the one-year anniversary of his inauguration. Fears of violence were high, with Morsi's Islamist supporters vowing to defend him.(AP Photo/Khalil Hamra)

(AP) ? Hundreds of thousands of opponents of Egypt's Islamist president poured onto the streets in Cairo and across much of the nation Sunday, launching an all-out push to force Mohammed Morsi from office on the one-year anniversary of his inauguration. Fears of violence were high, with Morsi's Islamist supporters vowing to defend him.

Nationwide, the rallies were among the most gigantic Egypt has seen in nearly 2 ? years of continuous upheaval, including during the square-packing, 18-day uprising that toppled autocrat Hosni Mubarak in early 2011.

Waving Egyptian flags and carrying posters of Morsi crossed out in red, crowds packed central Cairo's Tahrir square, the birthplace of anti-Mubarak, thunderous chants of "erhal!", or "leave!" rang out.

At the same time, a tidal wave of crowds marched on the Ittihadiya presidential palace, filling a broad boulevard for blocks and spilling over into nearby avenues. "You lied to us in the name of religion," some chanted, and others raised a banner proclaiming, "Morsi=Mubarak. Early presidential elections." The crowds hoisted long banners in the colors of the Egyptian flag and raised red cards ? a sign of expulsion in soccer.

Near Ittihadiya palace, thousands of Islamists gathered in a show of support for Morsi outside the Rabia al-Adawiya Mosque. Some Morsi backers wore homemade body armor and construction helmets and carried shields and clubs ? precautions, they said, against possible violence. Their crowd also swelled as sun went down and summer temperatures became more tolerable.

Up until nightfall, violence was limited to a few pockets in the provinces as the two sides largely stayed apart. The anti-Morsi protests had a festive, celebratory atmosphere, with many families with young children among the crowds of men, women and elderly.

In a potentially volatile confrontation after nightfall, however, several dozen youths attacked the headquarters of Morsi's Muslim Brotherhood on a plateau overlooking the capital. They threw stones and firebombs at the building, and people inside the walled villa fired at the attackers with birdshot, according to an Associated Press Television News cameraman at the scene. Earlier in the day, two offices belonging to the Brotherhood's Freedom and Justice party, were attacked and ransacked in the city of Bani Suef, south of Cairo.

The opposition's goal is to show through sheer numbers in the street that so much of the country has turned against Morsi, the country's first freely elected president, that he can no longer rule. Similarly sized crowds turned out in the Mediterranean city of Alexandria and the Nile Delta cities of Mansoura, Tanta and Damanhour, with sizeable rallies in cities nationwide.

"Mubarak took only 18 days although he had behind him the security, intelligence and a large sector of Egyptians. Morsi got all of us against him, even the army and police," said Amr Tawfeeq, an oil company employee marching toward Ittihadiya with a Christian friend. "He won't take long. We want him out and we are ready to pay the price."

Morsi, who has three years left in his term, has said he will not step down, saying street protests cannot be used to overturn the results of a free election.

"There is no room for any talk against this constitutional legitimacy," he told Britain's The Guardian newspaper in an interview published Sunday, rejecting early elections.

If an elected president is forced out, "well, there will (be) people or opponents opposing the new president too, and a week or a month later, they will ask him to step down," he said.

As the crowds massed, Morsi's spokesman repeated the president's longstanding offer of dialogue with the opposition to resolve the nation's political crisis, calling it "the only framework through which we can reach understandings."

"I cannot imagine any substitute for dialogue," said the spokesman Ihab Fahmi. The opposition has repeatedly turned down his offers for dialogue, arguing that they were for show.

There is a sense among opponents and supporters of Morsi that Sunday is a make-or-break day, hiking worries that the two camps will come to blows, even as each side insists it won't start violence. Already at least seven people, including an American, have been killed in clashes the past week, mainly in Nile Delta cities and the coastal city of Alexandria.

The confrontation is the culmination of polarization and instability that have been building since Morsi's June 30, 2012 inauguration as Egypt's first freely elected leader. The past year has seen multiple political crises, bouts of bloody clashes and a steadily worsening economy, with power outages, fuel shortages, rising prices and persistent lawlessness and crime.

In one camp are the president and his Islamist allies, including the Muslim Brotherhood and more hard-line groups. Morsi supporters accuse Mubarak loyalists of being behind the protests, aiming to overturn last year's election results, just as they argue that remnants of the old regime have sabotaged Morsi's attempts to deal with the nation's woes and bring reforms.

Hard-liners among them have also given the confrontation a sharply religious tone, denouncing Morsi's opponents as "enemies of God" and infidels.

On the other side is an array of secular and liberal Egyptians, moderate Muslims, Christians ? and what the opposition says is a broad sector of the general public that has turned against the Islamists. They say the Islamists have negated their election mandate by trying to monopolize power, infusing government with their supporters, forcing through a constitution they largely wrote and giving religious extremists a free hand, all while failing to manage the country.

With protesters from a range of social and economic levels in a festive atmosphere, the crowds resembled those from the 18 days of protests against Mubarak ? a resemblance the protesters sought to reinforce, chanting the slogan from that time: "The people want to topple the regime."

In Cairo, some marchers carried tents, planning to camp in Tahrir or outside the palace. Residents of nearby buildings sprinkled water down on the marchers to cool them in the punishing summer heat and waved flags and blew whistles in support.

"The country is only going backward (under Morsi). He's embarrassing us and making people hate Islam," said Donia Rashad, a 24-year-old unemployed woman who wears the conservative Islamic headscarf. "We need someone who can feel the people and is agreeable to the majority," added Rashad, who wore a tiny tiara in the letters of "erhal."

"Today is the Brotherhood's last day in power," said Suliman Mohammed, a manager of a seafood company who was protesting at Tahrir, where crowds appeared to approach 300,000 after nightfall.

"I came here today because Morsi did not accomplish any of the (2011) revolution's goals. I don't need anything for myself, but the needs of the poor were not met."

At the pro-Morsi rally at the Rabia al-Adawiya Mosque, the crowd chanted, "God is great," and some held up copies of Islam's holy book, the Quran.

"The people hold the legitimacy and we support Dr. Mohamed Morsi," Ahmed Ramadan, one of those at the rally said. "We would like to tell him not to be affected by the opponents' protests and not to give up his rights we are here to support and protect him."

Underlining the potential for deadly violence, a flurry of police reports on Sunday spoke of the seizure of firearms, explosives and even artillery shells in various locations of the country, including Alexandria and the outskirts of Cairo. Banks closed early and most government offices shut down on Sunday, a work day in Egypt.

The opposition protests emerge from a petition campaign by a youth activist group known as Tamarod, Arabic for "Rebel." For several months, the group has been collecting signatures on a call for Morsi to step down.

On Saturday the group announced it had more than 22 million signatures ? proof, it claims, that a broad sector of the public no longer wants Morsi in office.

It was not possible to verify the claim. If true, it would be nearly twice the around 13 million people who voted for Morsi in last year's presidential run-off election, which he won with around 52 percent of the vote. Tamarod organizers said they discarded about 100,000 signed forms because they were duplicates.

Morsi's supporters have questioned the authenticity and validity of the signatures, but have produced no evidence of fraud.

Adding to his troubles, eight lawmakers from the country's interim legislature announced their resignation Saturday to protest Morsi's policies. The 270-seat chamber was elected early last year by less than 10 percent of Egypt's eligible voters, and is dominated by Islamists.

A legal adviser to Morsi also announced his resignation late Saturday in protest of what he said was Morsi's insult of judges in his latest speech on Wednesday.

A week ago, with the public sense of worry growing over the upcoming confrontation, Defense Minister Gen. Abdel-Fattah el-Sissi last week gave the president and his opponents a week to reach a compromise. He warned that the military would intervene to prevent the nation from entering a "dark tunnel."

Army troops backed by armored vehicles were deployed Sunday in some of Cairo's suburbs, with soldiers, some in combat gear, stood at traffic lights and major intersections. Army helicopters flew over Cairo on several occasions on Sunday, adding to the day's sense of foreboding. The aircraft were loudly cheered every time they flew over Tahrir.

Morsi had called for national reconciliation talks in a Wednesday speech but offered no specifics. Opposition leaders dismissed the call as cosmetics.

Asked by The Guardian whether he was confident that the army would not intervene if the country becomes ungovernable, Morsi replied, "Very."

The Egyptian leader, however, said he did not know in advance of el-Sissi's comments last week.

____

AP reporters Tony G. Gabriel and Mariam Rizk contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2013-06-30-Egypt/id-94b127d3ff9f440da62e0293fde1f1eb

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Saturday, June 29, 2013

All-Cash Offers: Healthy for Real Estate Market, or a Hindrance ...

stacks of dollarsBy Kate Rogers

With many pointing to the housing market as the backbone of the economic recovery, investors are flooding the market with all-cash offers and it's squeezing out many traditional homebuyers.

"People are worried about the returns on alternative investments," says Karen Dynan, vice president and co-director of economic studies at the Brookings Institute. "There is still a lot of uncertainty about bonds and the stock market, which makes the housing market look good."

According to the National Association of Realtors May 2013 Confidence Report, all-cash offers account for 33 percent of home sales, with international buyers taking the lead. In addition, 87 percent of surveyed Realtors say they are expiring constant or increasing home prices. Homebuyers, particularly first-time homebuyers, are already battling low inventory and rising home prices, but the added pressure from investors creates stiff competition.

William Delwiche, investment strategist at Baird Research & Insights, says cash buys are being bolstered by investor pools snapping up real estate, and less so by individuals looking to live in the home. "These are investment pools paying cash for houses to hopefully get returns," he says. "It's not necessarily a trend among individual homeowners because most people going to buy houses don't have that kind of cash sitting around."

And for sellers, an all-cash deal is ideal since is cuts down on complications, says Patrick Newport, U.S. economist at IHS Global Insights. "If you own a home and are selling yourself, it's probably easier if someone pays you cash -- it cuts out the messiness and having the homebuyer get approved for a loan." Typical cash buyers are either young people who come into a lot of cash, or international investors, he says.

Cash buys signal a housing market that people are more willing to invest in, says Delwiche, but the market's attractiveness may also be due to a lack of other solid investment options. "The housing market is recovering, but people are also looking to diversify their portfolios," he says. "They don't' want to put it all in stocks and bonds."

It's a sign that people are under the impression the market is turning around, says Dynan, which may be a self-fulfilling prophecy if enough investors follow. "A lot of those cash investors are looking for a return," she says. "If a lot of people think home prices will rise, they will put money into the market, and that increases demand and pushes up prices."

The cash-buying trend also gives the overall economy a short-term boost, according to Delwiche.
"This helps to bid up asset values for houses, and is good for homeowners who already own houses," he says. "There is also a benefit to state and local government finances because of the taxes associated with these purchases."

Dynan says the trend will reinforce the momentum in the housing market, but will impact hopeful first-time homeowners negatively in the future. "It just makes the housing market less affordable," she says. "It's good for the overall economy, but not for every person in the economy."

Delwiche agrees, and says it may prevent more people from getting into the market in the future.
"Home prices go up and it affects housing affordability," Delwiche says. "You can't have first-time homeowners who are seeds for long-term growth, because they are then crowded out of the market. So short term it's something of a positive, but is a headwind for first-time homeowners."

Delwiche says he'd be surprised to see the trend continue, as well. "It's just a reflection of poor alternatives for investment dollars," he says.

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Source: http://realestate.aol.com/blog/2013/06/28/all-cash-offers-healthy-for-real-estate-market-or-a-hindrance/

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Friday, June 28, 2013

Buying games set to be a more expensive affair in India

Your wait to get a copy of the soon to be released videogames could soon prove to be a costly affair. Just as global videogame prices have shot up, India will also feel the pinch.

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MCV India reports that all the games, which will be released after September, would be sold at a higher price than their predecessors. Chris Gatherer, Regional Director for EMEA (Europe, Middle East and Africa) markets, EA said, ?We will be launching our pre-orders on Origin soon and I can confirm the pricing will be comparative to global market pricing.? The list of game that will be affected by the price hike includes upcoming popular titles such as FIFA 14, Battlefield 4, Call of Duty: Ghosts and Watch Dogs. Console versions of the games will now be sold for around $59.99 (Rs 3,570), the current global price, while the PC version of the same can be bought for Rs 1,499.

Watch Dogs to get dearer

?

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Though it is still unknown if these new prices will be restricted to Origin games alone or if they will also be applicable to the boxed releases in the country, one gets a sense that the rising dollar prices in comparison to the rupee will only add to the eventual price. This could also be one way for publishers to shift the selling strategy for PC games from boxed releases to digital distribution. Gamers could eventually choose the convenience of digitally-distributed games at a similar or the same price as boxed sets.

Online retailer Flipkart has already made changes in the pricing of many of the upcoming games, which include games like Watch Dogs, Battlefield 4 and Call of Duty: Ghosts. The pre-order price for the PC version of Watch Dogs is Rs 1,499, while Call of Duty: Ghosts is priced at Rs 3,499. The Xbox 360 and the PS3 version of Ghosts is priced at Rs 4,099.

Source: http://tech2.in.com/news/gaming/buying-games-set-to-be-a-more-expensive-affair-in-india/897870

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U.N. chemical weapons team in Turkey to investigate Syria claims

By Anthony Deutsch and Parisa Hafezi

AMSTERDAM/ANKARA (Reuters) - U.N.-appointed inspectors, blocked from entering Syria, are in Turkey to gather information about possible use of chemical weapons in the civil war, officials said on Thursday.

The Syrian government and rebels fighting it have accused each other of using lethal chemical agents, including sarin gas, in the two-year-old conflict in which the death toll is estimated at more than 100,000.

The United States and its European allies have concluded that the Syrian government used chemical weapons, which Washington called a "red line" that justified providing military aid to the rebels.

Members of the team assembled by U.N. Secretary-General Ban Ki-moon had been on standby in Cyprus since April, unable to enter Syria as Western governments accused President Bashar al-Assad's forces of chemical weapons attacks.

The team went to Turkey this week and its head, Swedish scientist Ake Sellstrom, met Turkish Foreign Minister Ahmet Davutoglu on Thursday, a senior Turkish official told Reuters.

Sellstrom is expected to deliver an interim report in July, which U.N. diplomats said may just be oral and is expected to be inconclusive since it is impossible for him to make definite pronouncements about the chain of custody of the samples he has received from Britain, France and the United States.

One senior Western diplomat, speaking on condition of anonymity, said that Britain and the United States alone have notified U.N. Secretary-General Ban Ki-moon of 10 separate incidents of the use of chemical weapons by Assad's forces.

The diplomat also said Sellstrom would be visiting Berlin soon to discuss his investigation.

FRUSTRATED

More than 100,000 people have been killed since fighting began in March 2011 in what is the longest and most violent of the recent Arab uprisings, according to the British-based Syrian Observatory for Human Rights.

Western governments have grown frustrated that the U.N. mission has been unable to make progress on investigating the chemical weapons claims, a diplomat told Reuters.

From Turkey, the team will be unable to gather soil samples or scientific evidence needed to prove chemical use, but could compile intelligence and interviews or take blood samples from witnesses or victims of alleged attacks.

"As he cannot travel to Syria, Sellstrom visits countries like Turkey, France and Britain that have some information about possible use of chemical weapons in Syria," said the Turkish official, who spoke on condition of anonymity.

Sellstrom visited the Turkey-Syria border area and talked to officials who shared data on chemical weapons use, the official said.

Syria is one of seven countries that has not joined the 1997 convention banning chemical weapons. Western countries believe it has stockpiles of undeclared mustard gas, sarin and VX nerve agents.

Assad's government says accusations by the United States, Britain and France that it used chemical weapons are an attempt to justify foreign military intervention.

(Additional reporting by Lou Charbonneau in New York; Editing by Peter Graff)

Source: http://news.yahoo.com/u-n-chemical-weapons-team-turkey-investigate-syria-154003201.html

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Wednesday, June 26, 2013

Monsanto fiscal 3Q profit slips 3 percent

Monsanto says its fiscal third quarter net income slipped 3 percent, as hits to the agricultural product company's cotton and soybean seed segments restrained revenue growth.

The St. Louis company says it earned $909 million, or $1.68 per share, in the quarter ended May 31. That's down from $937 million, or $1.74 per share, last year. Revenue inched up less than 1 percent to $4.25 billion.

Monsanto says it earned $1.66 per share, not counting a tax matter resolution.

Analysts expected earnings of $1.61 per share on $4.41 billion in revenue.

Monsanto Co. makes seeds for crops like corn, soybean, cotton and wheat and crop protection chemicals like the herbicide Roundup. The agricultural giant produces genetically engineered seeds used by farmers for their pest resistance and ability to produce bigger crops.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-06-26-US-Earns-Monsanto/id-522def9ad2ad4a8f9bc74ca2681baf4c

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Strange bedfellows: Two creatures shared ancient burrow

ESRF / V. Fernandez

Scanning revealed an amphibian, which was suffering from broken ribs, crawled into a sleeping mammal's shelter for protection some 250 million years ago.

By Megan Gannon
LiveScience

Scientists have discovered a burrow in South Africa where two unlikely creatures shared a home before being entombed by a flash flood 250 million years ago.

The strange bedfellows were a beat-up young amphibian seeking shelter and a sleeping cynodont, considered a distant ancestor of mammals, researchers say.

The burrow was unearthed from what is today South Africa's Karoo Basin, which would have been part of the ancient supercontinent Gondwana?at the start of the Triassic Period. Using high-energy X-rays from the European Synchrotron Radiation Facility (ESRF) in France, scientists were able to see through the lair and look at its contents without destroying it. [Wipe Out: History's Most Mysterious Extinctions]

The scans first revealed the skull of a mammal-like reptile?called Thrinaxodon. As the X-ray progressed, scientists realized the animal was sharing its grave with an amphibian dubbed Broomistega.

"While discovering the results we were amazed by the quality of the images, but the real excitement came when we discovered a second set of teeth completely different from that of the mammal-like reptile," study researcher Vincent Fernandez of Wits University, South Africa, said in a statement. "It was really something else."

ESRF / V. Fernandez

Using synchrotron imaging, scientists discovered an ancient "odd couple," shown here, with a mammal forerunner nestled with a primary aquatic amphibian in the burrow.

The world these animals lived in was still recovering from the mass extinction at the end of the Permian era that wiped out most of life on Earth. It was a time marked by pronounced climatic warming and monsoons. To survive this hostile environment, many animals, including the ancestors of modern mammals, learned how to dig out burrows to take shelter, researchers say.

Thrinaxodon not only adapted a burrowing behavior but also went into periods of dormancy, called aestivation, which helped it survive, researchers say. Many fossils of the species have been found in a curled-up position.

"This state of torpor explains why the amphibian was not chased out of the burrow," Bruce Rubidge, another Wits University researcher, said in a statement.

As for the amphibian, the scans revealed it was a juvenile with several broken ribs that showed signs of healing, suggesting it had survived for some time after receiving a crippling injury. This animal was mostly aquatic and had no burrowing abilities of its own. Researchers think that in its handicapped state, the amphibian gingerly crawled into the burrow seeking protection without disturbing the dormant Thrinaxodon inside.

The researchers eliminated the possibility that the animals were in a predator-prey tussle at the time of death since there were no tooth-marks on the bones. The scientists also don't think it's likely that these two species would have cohabitated under normal circumstances.

"Burrow-sharing by different species exists in the modern world, but it corresponds to a specific pattern," Fernandez explained in a statement. "For example, a small visitor is not going to disturb the host. A large visitor can be accepted by the host if it provides some help, like predator vigilance. But neither of these patterns corresponds to what we have discovered in this fossilized burrow."

The peaceful coexistence of these two animals ended when a sudden flood?rushed into the burrow, likely burying the creatures alive and preserving them together in the sediments for 250 million years. The small diameter of the tunnel also rules out the possibility that the Broomistega was randomly washed into the mammal-like reptile's lair when the flood hit, the researchers say.

The research was detailed online Friday in the journal PLOS ONE.

Follow Megan Gannon on Twitter and Google+. Follow us @livescience, Facebookand Google+. Original article on LiveScience.com.

Copyright 2013 LiveScience, a TechMediaNetwork company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://feeds.nbcnews.com/c/35002/f/653377/s/2dc6bc74/l/0Lscience0Bnbcnews0N0C0Inews0C20A130C0A60C250C191342510Estrange0Ebedfellows0Etwo0Ecreatures0Eshared0Eancient0Eburrow0Dlite/story01.htm

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Twitch Android app updated with persistent login, followed channels

DNP Twitch Android app update adds followed channel viewing, still no search or chat

An update for the Twitch.tv app on Android is finally letting users log into their accounts, providing easier access to their personal favorites out of the top 300 live streaming channels. Features still not accounted for include search and chat, however Community Manager Jared Rea mentions they're in the works. According to Rea, development of its Android app -- until three months ago it had gone a year without being updated -- received "yet another incentive" with the launch of the Ouya gaming console. Hit the links below for the new app, info on its development and the top-300 channel restriction that applies whether you're watching on a console or handheld device.

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Source: Google Play, Twitch.tv: The Official Blog

Source: http://www.engadget.com/2013/06/26/twitch-android-app-update/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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