Monday, October 22, 2012

NoPhoto Prevents Speeding, Red Light Cameras From Giving You Tickets [VIDEO]

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Sunday, October 21, 2012

Car bomb kills 13 in Syrian capital

A Syrian man looks at a damaged cars at the site after a car bomb attack in Bab Touma neighborhood, a popular shopping district largely inhabited by Syria's Christian minority in Damascus, Syria, Sunday, Oct. 21, 2012. A taxi rigged with explosives blew up outside a police station in the Syrian capital Sunday, killing at least 13 people even as the U.N. envoy to the nation's crisis was visiting Damascus to push his call for a cease-fire in talks with President Bashar Assad. The SANA state news agency said tens of people were wounded. (AP Photo/Bassem Tellawi)

A Syrian man looks at a damaged cars at the site after a car bomb attack in Bab Touma neighborhood, a popular shopping district largely inhabited by Syria's Christian minority in Damascus, Syria, Sunday, Oct. 21, 2012. A taxi rigged with explosives blew up outside a police station in the Syrian capital Sunday, killing at least 13 people even as the U.N. envoy to the nation's crisis was visiting Damascus to push his call for a cease-fire in talks with President Bashar Assad. The SANA state news agency said tens of people were wounded. (AP Photo/Bassem Tellawi)

In this photo released by the Syrian official news agency SANA, Syrian President Bashar Assad, left, greets U.N. and Arab League envoy Lakhdar Brahimi prior to their closed-door meeting in Damascus, Syria, Sunday Oct. 21, 2012. Brahimi met with Assad as part of his push for a cease-fire between rebels and government forces for the four-day Muslim holiday of Eid al-Adha, which begins Oct. 26. SANA said Assad assured Brahimi that he supported his effort, but did not say whether he committed to a truce. (AP Photo/SANA)

In this Saturday, Oct. 20, 2012 photo, a Free Syrian Army fighter shoots his machine gun towards Syrian Army positions in the Amriya district of Aleppo, Syria. (AP Photo/ Manu Brabo)

In this Saturday, Oct. 20, 2012 photo, Free Syrian Army fighters pray before launching an operation against Syrian Army positions in the Amriya district in Aleppo, Syria. (AP Photo/ Manu Brabo)

(AP) ? A taxi packed with explosives blew up near a police station in the Syrian capital Sunday, killing 13 people as the U.N. envoy tasked with ending the country's civil war pushed his call for a cease-fire in talks with President Bashar Assad.

The blast, which also wounded 29 people in the popular shopping district of Bab Touma, was overshadowed however by anti-Syria violence in neighboring Lebanon.

Hundreds of angry Lebanese protesters tried to storm the government headquarters in the capital, Beirut, blaming Syria for the Friday assassination of a top Lebanese intelligence official and accusing the government of being far too close to the Assad regime. For much of the past 30 years, Lebanon has lived under Syrian military and political domination.

In Syria, two government officials speaking from the scene of the blast said the taxi exploded 50 meters (yards) from the main police station in Bab Touma, a neighborhood in Damascus' Old City. They insisted on anonymity because they were not allowed to brief the media.

An Associated Press reporter at the site said blood stained the street and sidewalks, shards of glass littered the pavement from shattered shop windows, and the charred hulks of at least four cars littered the street.

Vegetable vendor Mohammad Hanbali, 27, said several people wounded in the blast were lying on the street when he rushed to help.

"It's a cowardly act, carried out by terrorists," said Hanbali, who was hit by a piece of shrapnel in the left leg.

State news agency SANA put the death toll at 13, while the anti-regime Syrian Observatory for Human Rights said at least 10 people were killed.

Bab Touma is mainly inhabited by Syria's Christian minority.

Damascus has been a frequent target of bombings in recent months, although it was once largely immune to the violence spreading across the country since the anti-Assad revolt began in March 2011.

There was no immediate claim of responsibility for Sunday's blast, but Islamist groups fighting alongside the rebels have in the past said they target security installations in the capital.

In another part of the city, U.N. and Arab League envoy Lakhdar Brahimi met with Assad to push for a cease-fire between rebels and government forces for the four-day Muslim holiday of Eid al-Adha, which begins Oct. 26.

Brahimi said that he met earlier with Syrian opposition groups inside and outside the country to discuss his truce plan. He said he received "promises" but "not a commitment" from them to honor the cease-fire.

He told reporters that he "found an overwhelming response" from Assad's opponents to his cease-fire plan and that "all of them have said that it's a good idea which they support."

He declined to reveal Assad's response to his plan, viewed as a preliminary step toward a larger deal.

SANA reported that Assad assured Brahimi he supported his effort, but it did not say whether he committed to a truce.

"The president said he is open to any sincere effort to find a political solution to the crisis on the basis of respecting Syrian sovereignty and rejecting foreign interference," it said.

It added that Assad also stressed a political solution must be "based on the principle of halting terrorism, a commitment from the countries involved in supporting, arming and harboring terrorists in Syria to stop doing such acts."

?Syrian authorities blame the anti-government uprising on a foreign conspiracy and accuse Saudi Arabia and Qatar, along with the U.S, other Western countries and Turkey, of funding, training and arming the rebels, whom they describe as "terrorists."

For months, Turkey served as headquarters for the leaders of the ragtag Free Syrian Army before the rebel group shifted its command to Syria. It also hosts many meetings of the Syrian National Council opposition group. Relations between the two countries, once close, have been deteriorating since the crisis began last year and Ankara became one of Assad's harshest critics.

Brahimi said he was "hopeful that the holiday in Syria will be calm if not happy." He said that he will return to the country afterward. "If we find that this calm is actually achieved during the holiday and continued, we will try to build on it," he added.

Brahimi arrived in Damascus Friday after a tour of Middle East capitals to drum up support for the cease-fire. A range of countries including Iran, Iraq, Turkey and Germany have backed the idea.

Syrian government forces and rebels have both agreed in the past to internationally brokered cease-fires, only to then promptly violate them, and there is little indication that either side is willing to stop fighting now.

Elsewhere, in the northern city of Aleppo, a suicide bomber detonated his explosive-laden car in front of the French-Syrian Hospital at al-Zohour Street, causing material damage, but no casualties, SANA said.

Anti-regime activists say more than 33,000 people have been killed since the anti-Assad revolt started.

___

Associated Press writer Albert Aji in Damascus, Syria, contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-10-21-Syria/id-9731c2e633894850a9a2edc8685e0ab6

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EU faces two tough months of bargaining to boost euro confidence

PARIS (Reuters) - European Union leaders face two months of tough bargaining on money, power and the future governance of the euro zone before they can boost confidence that the existential threat to the single currency has faded.

The European Central Bank's pledge to buy the bonds of struggling euro zone countries in unlimited amounts has changed the terms of Europe's debt crisis.

Yet French President Francois Hollande may have been a little premature in declaring a turning point last week after another night of summit negotiation yielded a deal for a euro zone banking regulator to be launched next year.

"We are on track to solve the problems that for too long have been paralyzing the euro zone and made it vulnerable," said Hollande. "I again have confirmation that the worst is behind us."

More nights of horse-trading lie ahead between now and mid-December in which EU states must agree on a common budget for the next seven years, closer fiscal union with more intrusive central supervision of national budgets and a possible separate budget for the euro zone, and more support for the most vulnerable euro states.

They will need to decide how to keep Greece afloat if, as expected, it reaches a deal with international creditors to avoid bankruptcy next month in exchange for more drastic spending cuts and structural reforms.

And they may face months of uncertainty over whether Spain, which has already been promised up to 100 billion euros in loans to recapitalize its ailing banks, can avoid a sovereign bailout.

Above all, the euro zone is a long way from returning to the levels of economic growth needed to make its debts more manageable and get millions of angry unemployed back to work.

For now, the financial market turmoil that threatened the very survival of the currency area a few months ago has abated, at the risk of lulling EU leaders back into complacency over what remains to be done.

The European Central Bank removed that acute sense of crisis by agreeing to buy unlimited quantities of short-term bonds of troubled euro zone countries that apply for a rescue program and accept strict conditions.

"The state of urgency we had over the summer is just not there to the same degree," said a senior EU official who has been present at every night of summitry since the crisis began in late 2009.

"There is not the same sense of having our backs to the wall," he said. "One should know from the way politics works in the European Union that you need a certain sense of crisis to act -- that's the way it works."

BIG THREE TIES AT LOW EBB

Complicating the next few weeks of negotiation, relations among Europe's three leading powers - Germany, France and Britain - are as difficult as at any time for a decade.

The collapse of a proposed aerospace mega-merger between European Airbus manufacturer EADS and British defense company BAE Systems over government stakes underscored the depth of mistrust between Paris, Berlin and London.

Within the euro zone, Germany and France remain at odds over the balance between central EU control of national budgets and economic reforms, and mutualising risks and liability for each others' debts and bank deposits.

Hollande argues Germany must first take steps he sees as vital to underpin vulnerable countries' government borrowing and financial institutions before France will agree to yield more sovereignty to Brussels over its fiscal and economic policy.

German Chancellor Angela Merkel seems determined to avoid any new liability for German taxpayers which would require her to seek approval from her increasingly reluctant parliament before a September 2013 general election.

That may explain why she insisted that euro zone rescue funds could not recapitalize any bank until a euro zone banking supervisor is fully operational late next year, and there would be no retroactive direct recapitalization of banks.

Her stance was a blow to Spain's hopes of getting the cost of rescuing banks hit by the collapse of a real estate bubble off the state's balance sheet, and hence easing its debt burden without recourse to a euro zone bailout. It was also a setback for Ireland's hopes of shedding some of its bank-induced debt.

It remains to be seen whether Merkel's refusal to share such "legacy" costs is Germany's last word, or whether a future Berlin government may revisit the issue after the election.

Many economists believe that a fresh start for the euro zone will require action such as common euro zone bonds or at least a reduction in peripheral members' "legacy" debts to be viable in the long run. Early relief for Madrid appears ruled out, although Merkel said on Sunday Ireland was a "special case".

Yet German officials say relations between Merkel and Hollande are not as tense as they seem in public, and they are confident that he will accept trade-offs between greater European solidarity and more pooling of fiscal sovereignty.

BRITAIN DRIFTING AWAY?

While the rest of Europe is negotiating intensively on closer integration, Britain is talking increasingly about loosening its ties with the EU, and some influential members of the governing Conservative party of leaving completely.

Prime Minister David Cameron has threatened to veto the seven-year EU budget due to be agreed at a November 22-23 summit if spending is not cut. And he wants to exploit the negotiations on closer euro zone integration as an opportunity to negotiate looser membership terms for Britain in the Union.

It remains to be seen how far other European partners are prepared to accommodate British exceptionalism. Finland's Europe minister said last week that Britain seemed to be waving "bye, bye" to the EU, and there was little others could do about it.

The main achievement of the latest summit was to keep plans for a single European banking supervisor broadly on track despite a rearguard battle led by Germany's finance minister.

"I struggle to find any major piece of reform involving more than a couple of countries which has moved from idea to implementation as fast as the European banking union," said UniCredit global chief economist Erik Nielsen.

The most encouraging news for the future of the euro zone, Nielsen said, was the way that Germany's leadership has changed its attitude towards keeping Greece in the euro area, and hence supporting peripheral states in difficulty.

"There is no turning back now, not only because of the already clear signals from the government leadership, but because the political challenge (from the opposition Social Democrats) - impressively - turns out to be coming from a demand for more Europe, and more support for Greece," he said.

(Additional reporting by Luke Baker in Brussels and Andreas Rinke and Noah Barkin in Berlin; Writing by Paul Taylor; editing by Jason Webb)

Source: http://news.yahoo.com/eu-faces-two-tough-months-bargaining-boost-euro-223220077--finance.html

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AP Photos: Saturday's College Football Action

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Palestinian push for U.N. upgrade likely to succeed: Jeremic

UNITED NATIONS (Reuters) - The push by the Palestinians for upgraded status at the United Nations is likely to succeed, the president of the U.N. General Assembly said on Friday, while warning the United States against cutting U.N. funding over the issue.

In his first major interview since winning a divisive campaign for the largely ceremonial U.N. post in June, former Serbian Foreign Minister Vuk Jeremic also said he was seeking to improve coordination between the world body and the Group of 20 bloc of key developed and developing nations.

Having failed last year to secure full U.N. membership due to U.S. opposition, Palestinian President Mahmoud Abbas said last month he would ask the 193-nation General Assembly to approve a less-ambitious promotion of the Palestinian Authority's observer status to "non-member state," like the Vatican. It is currently considered an "entity.

Jeremic said Abbas is consulting with U.N. member states and is expected to call for a meeting on the Palestinian issue as early as next month, after the November 6 U.S. presidential election.

"Most people expect that it is going to be the second half of November," the 37-year-old former Serbian foreign minister told Reuters.

"If they decide to go for it after these consultations, which is what President Abbas announced in his speech in September, most people expect that this is going to pass," Jeremic added.

The United States and Israel have warned the Palestinians against seeking a status upgrade, saying it would be a setback for the peace process and suggesting that it could have financial implications for the Palestinian Authority.

Some U.N diplomats say that the Palestinians have not made a final decision to go for the upgrade and are under intense pressure from Washington and European nations to call it off.\

U.N. diplomats and officials say they are also worried about a possible reduction of U.N. funding from the United States, which supplies 22 percent of the regular U.N. budget.

Jeremic said he does not want to lecture the United States, but voiced concern about a possible American suspension of U.N. funding due to the Palestinian issue. Such a suspension, he said, would have "dire financial implications" for the United Nations.

"I don't think this would be in the interests of the United States to cut the financial aid, but I am not in a position to say to the United States what is it they should do," he said. "They know what is best for them, and that's what they are going to do."

NEXT U.N. SECRETARY-GENERAL?

The U.S. Congress froze some $200 million in financial aid to the Palestinians after they took their statehood campaign to the United Nations last year. Western officials say further aid reductions by the United States are likely, along with a possible freezing of U.N. funding.

The United States cut funding to the U.N. education and science agency, UNESCO, last year after it admitted the Palestinians as a full member.

A 1990s U.S. law prohibits American funding to U.N. organizations that grant full membership to any group that does not have "internationally recognized attributes" of statehood.

The Palestinians are not seeking U.N. membership. But an upgrade of their observer status could nevertheless be uncomfortable for Israel.

Being registered as a state rather than an entity would mean the Palestinians could join bodies such as the International Criminal Court and file complaints against Israel for its continued occupation.

The Palestinians need a simple majority in the General Assembly for the status upgrade, and predict that between 150 and 170 nations out of the 193 U.N. member states will vote in favor.

Handling the Palestinian debate will likely be the first major U.N. test for Jeremic, the youngest General Assembly president in the history of the United Nations. But he also intends to dedicate much of his time to finding a way to improve cooperation between the G20 and the United Nations.

Jeremic said this could make the assembly more relevant and give some legitimacy to the G20, an informal group that smaller countries often criticize for its lack of transparency.

He said his plan was to "create a consultation mechanism between the G20 and the rest of the world." Jeremic will discuss it with Russia, which chairs the G20 next year, and plans to hold a high-level meeting on U.N.-G20 cooperation in early 2013.

Previous attempts to boost ties between the G20 and United Nations have failed. Jeremic's predecessor in 2008-2009, Miguel D'Escoto Brockmann of Nicaragua, made an attempt to do the same but made little headway. D'Escoto, a left-wing former foreign minister, was a fierce critic of the United States, Israel and the G20, and envoys said that alienated some delegations.

Jeremic made clear he would take a different approach and would be seeking consensus. "This must not be an antagonistic exercise," he said. "This is not about bashing."

A number of U.N. diplomats have mentioned Jeremic as a potential candidate to succeed Secretary-General Ban Ki-moon when his term ends in December 2016. The next U.N. chief is expected to come from Eastern Europe in keeping with a tradition of rotation among the six regional groups of the United Nations.

Jeremic, who became a familiar face in New York at regular U.N. meetings on Serbia's former province of Kosovo, declined to comment on his future plans apart from returning to Serbia, where he remains a member of parliament. But he did not rule out the idea of running for the top U.N. post.

(Additional reporting by Michelle Nichols; Editing by Will Dunham)

Source: http://news.yahoo.com/palestinian-push-u-n-upgrade-likely-succeed-jeremic-083427606.html

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T-Mobile showcase hits NYC Oct. 29

T-Mobile showcase

Right. So T-Mobile's doing a showcase on Oct. 29 in New York City. Yes, that's the same day as Google's "Playground" event, where we should see a new Nexus phone, and maybe a tablet or two. But this is a T-Mobile event, folks. Google's is in the morning. Don't freak out if there's no "T-Mobile Nexus" at this thing. Chances are any new GSM Nexus will be pentaband anyway, so it'll be "T-Mobile" as much as it is "AT&T" or GSM for the rest of the world. No biggie.

No, what I'm expecting is a whole lot of Galaxy Note 2 and other T-Mobile Android phones from this year (including new but lesser-spec'd devices)  -- and a bunch of new Windows Phone hardware, including the HTC 8X (I've played with that, and it's freakin' gorgeous), and the more portly Nokia Lumia 810, which I saw last week in San Diego. Microsoft is finally showing off Windows Phone 8 on the morning of Oct. 29 in San Francisco, and one phone does not a showcase make. There will be more than Nexus, one way or the other.

Oh, and there's a pretty good chance this might happen as well. We hope.



Source: http://feedproxy.google.com/~r/androidcentral/~3/AX0sYhjnqi0/story01.htm

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Investment Banking Cover Letter Tips - Business Insider

Despite my?claims?that ?we never read cover letters,? some readers have pointed out that almost all banks require them. And some places might even pay attention to them.

I?ve seen lots of cover letters lately ? and nearly all of them suffer from the same problems.

Here?s how to avoid these common mistakes and how to structure your cover letters properly, so you can avoid looking like?The Joker.

Let?s Set the Record Straight: Who Actually Reads Them?

In 99% of cases, only small boutiques (or small private equity firms) actually care about cover letters.

Big banks don?t have the time to go through stacks of cover letters. Remember the?30-second rule: if only 30 seconds are spent reviewing your resume and making a yes/no decision, you can imagine how much time is spent on the cover letter.

Small places care more because:

  1. ?Fit? is extremely important when there are only 4 people in the office; and
  2. They actually have time to read cover letters (occasionally).

The True Purpose of Cover Letters

Cover letters are similar to GPA / test scores: a great one doesn?t help you much, but a poor one can kill your chances if someone happens to notice it.

And there are a few mistakes that come up repeatedly ? no matter who you are or what you?re applying to.

Mistake #1: Writing a Life Story, Not a Cover Letter

I?ve seen some?really?long cover letters before. Keep it to 1 page ? 500 words or less ? and ideally 300 words or less.

Yes, I?m sure you have a very interesting life story about how you were abandoned by your parents and raised by wolves on the outskirts of a tribal village, but?please?don?t tell me any of this.

Get to the point ? who you are, what you?ve done, and why we should pay attention to you.

Mistake #2: Telling Me Your Favorite Book is?Monkey Business

Microsoft Certified in Excel? Extra in?American Psycho? Know the bank?s market share in Mongolian M&A deals?

Great, but don?t waste my time with this trivia. All I care about is whether you can do the work.

If you have a?relevant?skill, such as fluency in another language, that?s ok to bring up. But almost every other Skill/Activity/Interest is pointless.

Mistake #3: Writing?The Sound and the Fury, Not a Cover Letter

Logic is key when you?re selling someone on yourself ? and that?s what a cover letter does.

So don?t write a letter using?stream of consciousness.

An amazing number of cover letters skip around and don?t present the applicant?s background coherently.

Just like any other type of writing, you need an introduction, a body, and a conclusion.

The Ideal Cover Letter

So how do you actually write a?solid?cover letter?

Follow the tips below, and then copy the?investment banking cover letter template?once you?ve figured out what you?re going to say.

The Information at the Top

Nothing too fancy here. Your name and contact information could go on the right side, and the recruiter?s / firm?s name and contact information could go on the left.

If you don?t have a name, don?t panic ? just use the company name and address instead. Yes, it?s better to have a real name and send it to a real person, but it?s not a deal-breaker.

Similarly, ?Dear so-and-so? works better if the ?so-and-so? is someone?s name but if you don?t have it, ?Dear Sir or Madam? is acceptable.

Paragraph 1: Introduction

Here?s where you say who you are and how you learned of the opportunity ? from networking, from an event, from a friend or however else you found out. Then you say what attracts you to the company and the specific position.

Keep this short ? 2 to 3 sentences is best.

Paragraph 2: Your Background

This is usually your longest paragraph. Start out by writing what you?re currently doing, and then give the relevant internships/jobs you?ve had. Focus on useful skills (e.g.?financial analysis) and whatever you did that?s applicable to banking, trading, or whatever you?re applying for.

A reverse chronological structure works well because most of the time, your most relevant experience will also be the most recent.

I would use no more than 5 sentences for this one.?Paragraph 3: Why You?re a Good Fit

This is a shorter paragraph. You should explain why your skills / experiences match whatever you?re applying for and re-iterate what makes you interested?

If you have anything unique (for example, you?re applying to a middle-market private equity firm after having run your own middle-market company), you may also want to mention it here as another selling point.

Paragraph 4: Conclusion

Remind them that your resume is enclosed, give your contact information and say that you look forward to hearing from them soon. Keep this to a few short sentences.

Exceptions

Sometimes this exact structure doesn?t work ? if you?ve had more extensive experience (i.e. you?re not just out of undergraduate or business school) or have unusual circumstances, you may want to write something slightly different.

Let?s say you?re applying to investment management firms in China and you grew up there, having moved abroad when you were 10 ? in that case you probably want to use 1 paragraph for your ?finance experience? and another paragraph for your ?China experience? rather than just writing 1 ?background? paragraph.

No matter what your background, though, keep your cover letter brief, logical and relevant.

Otherwise you look like a fool.

Source: http://www.businessinsider.com/investment-banking-cover-letter-tips-2012-10

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