Research to kick-start the UK economy

Public release date: 22-Jan-2013
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Contact: Pressoffice
Pressoffice@esrc.ac.uk
Economic & Social Research Council

What will it take put the UK back on the path of sustained economic growth? A new report investigates the challenges the UK faces after the economic downturn and explores a range of initiatives across education, business, housing, industry, and innovation that could help kick-start growth.

Re-igniting Growth, published by the Economic and Social Research Council (ESRC), includes a series of interviews with key academics funded by the ESRC. As well as giving the recession historical context, many of the interviews take unconventional approaches to a range of issues and provide responses to the economic problems the UK is experiencing.

Among the interviews are:

Professor Nick Bloom shows that the dramatic failures of banks, the European debt crisis and geopolitical concerns have left people more uncertain about what the future holds. Uncertainty about policy is a major factor in the current stagnation of growth in the UK.

Professor Paul Gregg looks at unemployment. The UK recession has seen unemployment to be far more focused on young people than in previous downturns imposing large costs on individuals and society. He examines strategies for getting the unemployed back into work and ensuring that those leaving school do not join the jobless.

Bad management practices hurt the economy and delivering major improvements would be a key ingredient to restarting growth. Professor John Van Reenen looks at why UK managers lag behind the US, Japan and Germany.

Professor Mariana Mazzucato explains how the state has traditionally funded the creation of key technologies but failed to reap the economic rewards. How can the financial eco system be reformed so that the collective system of innovation fits with a more collective distribution of the rewards to those that have contributed?

Globalisation has seen traditional manufacturing decline as a share of the UK economy in the face of low-cost competition from the Far East. Professor Andy Neely says that future UK economic growth lies in a radical change in the way firms offer their products - 'servitisation'.

Professor David Newberry believes that in the current economic environment the public sector should ensure it maintains or increases investment in projects that have a high benefit-cost ratio. But he thinks HS2 and a third London airport are unlikely to deliver economic benefits until 2030 and therefore a third runway at Heathrow should be a priority.

ESRC Chief Executive Paul Boyle said: "Re-igniting Growth offers new perspectives on many aspects of the economic problems facing the UK. It shows the range of expertise of the centres and experts funded by the ESRC, and the unique findings of the economic and social research they produce."

Many of the themes in Re-igniting Growth are being taken forward by the LSE Growth Commission, funded by the Higher Education Innovation Fund (HEIF) and the ESRC, and co-chaired by Professor Tim Besley and Professor John Van Reenen, Director of the ESRC's Centre for Economic Performance. The Commission's Report, Investing for Prosperity, is launched on 31 January 2013.

###

For further information contact:

ESRC Press Office:

Sarah Nichols
Email: sarah.nichols@esrc.ac.uk
Telephone: 01793 413122

Jeanine Woolley
Email: jeanine.woolley@esrc.ac.uk
Telephone: 01793 413119

Notes for editors

1. The Economic and Social Research Council (ESRC) is the UK's largest organisation for funding research on economic and social issues. It supports independent high quality research which has an impact on business, the public sector and the third sector. The ESRC's total budget for 2012/13 is 205 million. At any one time the ESRC supports over 4,000 researchers and postgraduate students in academic institutions and independent research institutes.

2. Download the full report.

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AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.

Public release date: 22-Jan-2013
[ | E-mail | Share ]

Contact: Pressoffice
Pressoffice@esrc.ac.uk
Economic & Social Research Council

What will it take put the UK back on the path of sustained economic growth? A new report investigates the challenges the UK faces after the economic downturn and explores a range of initiatives across education, business, housing, industry, and innovation that could help kick-start growth.

Re-igniting Growth, published by the Economic and Social Research Council (ESRC), includes a series of interviews with key academics funded by the ESRC. As well as giving the recession historical context, many of the interviews take unconventional approaches to a range of issues and provide responses to the economic problems the UK is experiencing.

Among the interviews are:

Professor Nick Bloom shows that the dramatic failures of banks, the European debt crisis and geopolitical concerns have left people more uncertain about what the future holds. Uncertainty about policy is a major factor in the current stagnation of growth in the UK.

Professor Paul Gregg looks at unemployment. The UK recession has seen unemployment to be far more focused on young people than in previous downturns imposing large costs on individuals and society. He examines strategies for getting the unemployed back into work and ensuring that those leaving school do not join the jobless.

Bad management practices hurt the economy and delivering major improvements would be a key ingredient to restarting growth. Professor John Van Reenen looks at why UK managers lag behind the US, Japan and Germany.

Professor Mariana Mazzucato explains how the state has traditionally funded the creation of key technologies but failed to reap the economic rewards. How can the financial eco system be reformed so that the collective system of innovation fits with a more collective distribution of the rewards to those that have contributed?

Globalisation has seen traditional manufacturing decline as a share of the UK economy in the face of low-cost competition from the Far East. Professor Andy Neely says that future UK economic growth lies in a radical change in the way firms offer their products - 'servitisation'.

Professor David Newberry believes that in the current economic environment the public sector should ensure it maintains or increases investment in projects that have a high benefit-cost ratio. But he thinks HS2 and a third London airport are unlikely to deliver economic benefits until 2030 and therefore a third runway at Heathrow should be a priority.

ESRC Chief Executive Paul Boyle said: "Re-igniting Growth offers new perspectives on many aspects of the economic problems facing the UK. It shows the range of expertise of the centres and experts funded by the ESRC, and the unique findings of the economic and social research they produce."

Many of the themes in Re-igniting Growth are being taken forward by the LSE Growth Commission, funded by the Higher Education Innovation Fund (HEIF) and the ESRC, and co-chaired by Professor Tim Besley and Professor John Van Reenen, Director of the ESRC's Centre for Economic Performance. The Commission's Report, Investing for Prosperity, is launched on 31 January 2013.

###

For further information contact:

ESRC Press Office:

Sarah Nichols
Email: sarah.nichols@esrc.ac.uk
Telephone: 01793 413122

Jeanine Woolley
Email: jeanine.woolley@esrc.ac.uk
Telephone: 01793 413119

Notes for editors

1. The Economic and Social Research Council (ESRC) is the UK's largest organisation for funding research on economic and social issues. It supports independent high quality research which has an impact on business, the public sector and the third sector. The ESRC's total budget for 2012/13 is 205 million. At any one time the ESRC supports over 4,000 researchers and postgraduate students in academic institutions and independent research institutes.

2. Download the full report.

---

[ | E-mail | Share ]

?

AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.

Source: http://www.eurekalert.org/pub_releases/2013-01/esr-rtk012213.php

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Close Encounter of Jupiter and Moon Wows Stargazers

A night sky meeting of Jupiter and the moon, called a conjunction, amazed skywatchers around the world last night (Jan. 21).

The waxing gibbous moon and Jupiter ? the two brightest objects in last night's sky ? appeared to be almost touching for part of the night before the moon crept below and past the gas giant, continuing on in its orbit.

Judging by the reactions of SPACE.com readers, the celestial pairing was a hit. Skywatchers from all over the world sent in photos of the moon and Jupiter in their own back yards, but it wasn't always easy to get the shot. [Gallery: Jupiter and the Moon Dazzle Stargazers]

"One of the most challenging things I've ever shot," Greg Diesel Walck in North Carolina wrote in an email. "Had to strap my tripod onto a pole so that it could be tilted back so far and duck tape my zoom lens so it would stay fully zoomed!? Also a very windy night as a cold front moves into N.C. making for tricky long exposures."

Weather was an issue for some observers, too.

"Snow flurries were rushing in from the northwest, so I had to wait to get shots between the clouds," Eric Teske of Bowling Green, Ohio wrote to SPACE.com. "When the clouds parted, I was able to grab two photos for a clean composite. I was out for about 20 minutes total and couldn't feel my fingers as I was packing up my gear and rushing back into my apartment!"

Some readers were caught by surprise when they looked up at the sky last night.

"I just went outside tonight to take a look at the stars," wrote Barbara Ash of Ridgecrest, Calif., "and saw an object in conjunction with the moon. I ran back in and grabbed my tripod and camera, and took some amateur shots."

And the sight wowed beyond North America, too.

"Partly cloudy evening and night here in central Italy, but the conjunction show was still captivating," Giuseppe Petricca wrote.

"They are close!" Christiane Lisboa wrote from Brazil.

In case you missed it, yesterday's conjunction won't be the last time Jupiter and the moon have a seemingly close encounter. On March 17, the two heavenly bodies will appear in the same part of the sky again.

Editor's Note: If you took a photo of last night's close conjunction of the moon and Jupiter that you'd like to share with SPACE.com for a possible story or gallery, please send it, along with your comments, to spacephotos@space.com.

Follow Miriam Kramer on Twitter?@mirikramer?or SPACE.com?@Spacedotcom. We're also on Facebook?&?Google+.?

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

Source: http://news.yahoo.com/close-encounter-jupiter-moon-wows-stargazers-175155645.html

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Ask A Questions Islamic Finance ? Part 2 (Business Ethics) by ...

Sheikh Hacene Chebbani was born in Algeria and has been living in Canada since 1997. Sheikh Hacene has completed a Master?s in Islamic finance (2012) from UK. In 1993 he graduated in Shar?ah (BA) from the Islamic University of Madinah. While there he took the opportunity to study Aq?dah, Fiqh and Had?th with some of the notable scholars of that blessed city. In Canada Sheikh Hacene has worked in Islamic schools teaching the Arabic language and Islamic studies and has served as Shar?ah consultant and head teacher for over 6 years. Sheikh Hacene is currently an Imam in Calgary where he gives regular classes and counseling, leading the prayers for a diverse community. He is married and has 5 children and enjoys sports and reading in his spare time.

This entry was posted in Finance. Bookmark the permalink.

Source: http://aquestions.com/islamic-finance-part-2-business-ethics-by-sheikh-hacene-chebbani.html/

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Twitter-Owned Posterous Is Not Accepting New Sign Ups To Blogging Platform Posterous Spaces

Posterous, the blogging platform that Twitter bought in March 2012 for an undisclosed sum, appears to have stopped taking registrations for new users for Posterous Spaces. One tipster noted to TechCrunch that this has been the case for at least a week now, and it was also noted by a poster on Y Combinator's Hacker News. Posterous was incubated and funded by YC in 2008.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/lDYHClsjcb8/

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Noahpinion: How much value does the finance industry create?

That is the question asked by John Cochrane in this recent draft essay?(non-PDF version here), in response to a recent?Journal of Economic Perspectives article?by Robin Greenwood and David Scharfstein.?Both should be required reading for any introductory finance class. There is so much in these essays that one blog post couldn't hope to adequately cover the topic, so don't expect this to be anything resembling a complete response.

Everyone knows that the finance industry has grown in America. In 1980, finance took home about 5% of all the income in America; in 2007, about 8%. This has led many people to question whether all this activity is worth what we pay for it; in other words, how much of the increase in finance-industry GDP is actually value added, and how much is "rent" extracted from the rest of the economy?

Cochrane makes the excellent point that the question of "How much value does industry X really create?" is always an incredibly difficult question to answer:

I don?t claim to estimate the socially-optimal ?size of finance? at 8.267% of GDP, so there...After all, if a bunch of academics could sit around our offices and decide which industries were ?too big,? which ones were ?too small,? and close our papers with ?policy recommendations? to remedy the matter, central planning would have worked. ?A little...modesty suggests we focus on documenting the distortions, not pronouncing on optimal industry sizes. ?Documenting distortions has also been, historically, far more productive than pronouncing on the optimal size of industries, optimal compensation of executives, ?global imbalances,? ?savings gluts,? ?excessive consumption,? or other outcomes.?

Cochrane also describes how we should go about documenting the distortions:

We start with the first welfare theorem: loosely, supply, demand and competition lead to socially beneficial arrangements. ?Yet the world around often doesn?t obviously conform to simple supply and demand arguments...First, maybe there is something about the situation we don?t understand. Durable institutions and arrangements, despite competition and lack of government interference, sometimes take us years to understand. Second, maybe there is a ?market failure,? an externality, public good, natural monopoly, asymmetric information, or missing market, that explains our puzzle. Third, we often discover a ?government failure,? that the puzzling aspect of our world is an unintended consequence of law or regulation. The regulators got captured, the market innovated around a regulation, or legal restrictions stop supply and demand from working.?

This list applies to almost any policy question in all of economics. Sometimes, policy fails. Sometimes, the market fails. And sometimes things are working better than we realize, with our limited data and models.

In casual discussions of finance in the media and blogs, we've heard all of these ideas before. The idea that finance is excessively large due to collusion with the government (policy failure) is probably the most prominent - this is the idea that big banks have the government in their pocket, allowing them to dump their risk onto the taxpayer (through bailouts) while keeping their gains for themselves. Market failure - "How does making 10 billion trades a minute benefit anyone?" - is also something you hear about. And of course, there is always the question of "If large parts of finance are valueless, why would people, especially rich people who are probably pretty savvy, pay for these things? Maybe value is being created and we just don't understand it."

It's important to belabor this last point. Economists know some things, maybe a lot of things, but this is absolutely dwarfed by the size of the things we don't know and don't understand. If this blog has had one "unifying theme," it would be the depth of our ignorance. So when economists urge caution in using policy to change large sectors of the economy, this doesn't necessarily mean "We know that the free market is always perfect and good and that policy can't help." (That is something that ideological libertarians often say, and I think it's extremely unhelpful for the econ profession when they say it.)

Instead, caution about policy is very similar to doctors' maxim of "first, do no harm." As a doctor, you wouldn't say "I can't figure out how this organ is helping the body function, so let's just take it out." Similarly, it would be foolish to say "I don't see how this finance industry is adding value, so let's regulate the heck out of it." We start with the presumption that things are there for a reason - in biology, because evolution put them there, and in economics, because...evolution put them there.

Of course, if the organ explodes and threatens the rest of the body, then you take it out. And when an industry explodes, like the finance industry did, you use policy to manage the damage. And if you can, you figure out why this organ, or this industry, tends to explode, and you figure out if there are ways you can prevent an explosion, or see it coming, without creating nasty side effects.

But the question of whether finance is unstable and tends to explode (and how to deal with that) is very different from the question of whether its compensation is equal to its value added. People should understand that difference!

Anyway, on to the meat of the issue. Again, there's way too much for one blog post, so I'll just add a few thoughts of my own. Really, you should go and read both. Twice.

In their JEP article, Greenwood and Scharfstein chart the well-known growth of the finance industry in America. They identify which areas of finance have grown. Basically, the big growth areas were 1) asset management, and 2) housing-related finance. Asset management grew because a lot of assets went up a lot in value (think of the stock boom in the 1990s), and asset managers continued to charge the same fees as before. When assets do better, the same percentage fee gets you a lot more money, so this caused the finance sector to grow. As for housing-related finance, this has been much-discussed in the media; it includes shadow banking and the entire apparatus that was developed to handle trading of mortgage-backed assets.

Greenwood & Scharfstein also briefly discuss ways that these expanded activities might cost more than their value-added. Cochrane's essay, on the other hand, is all about this question. Cochrane basically runs down the full list of finance-sector activities whose value has been called into question, and discusses the ways that each activity might add value. Handing your money to an asset manager and paying a proportional fee, for example, may be highly preferable to doing your own asset-picking, which research shows to be a losing game. Here's Cochrane:

Individual investors, many of whom actively manage their portfolios and whose decisions in doing so are the stuff [of] many behavioral biases, may be doing a lot better with 1% active management fee than actively managing on their own. As a matter of fact, individual investors are moving from active funds to passive funds, and fees in each fund are declining. Many of their fee advisers are bundling more and more services, such as tax and estate planning, which easily justify fees. At least naivet? is declining over time.?

Quite true. And I think Cochrane leaves out another possible function of money managers - the "money doctors" idea being promulgated by Andrei Schleifer. This is the idea that even if people are willing to take risks in exchange for returns, they have emotional fear of actually pulling the trigger and investing in long-term, high-return assets like stocks. Asset managers, by holding rich people's hands and appearing very professional and knowledgeable, calm this fear, much as doctors make people less afraid of taking pills. Even a money manager whose fees exceed his "alpha" may be creating value for society by overcoming human anxiety and stopping rich people's capital from sitting trapped in big stacks of gold bars in their basements. Voila - value creation.

Then again, I think Cochrane also leaves out a reason for concern. We know people are bad at picking stocks, in large part because they trade too much. What if people are bad at picking asset managers for exactly the same reason? If individual investors (or institutional investors like pension fund managers) act like "funds of funds", might they not switch their money rapidly from hedge fund to hedge fund, chasing recent performance, much like day traders ineptly picking stocks? This sort of "higher-level over-trading" could be very costly and bad for markets - after all, haven't we all heard the horror stories of hedge funds who saw a big opportunity coming, but had to close out their position and take a loss because their investors backed out too soon? That sort of thing could create large costs for asset managers, who are then forced to pass on those costs to investors via higher fees. Voila - value destruction.

As for the heavy trading we observe in financial markets, it seems to be necessary in order to incorporate information into the prices of financial assets. Of course, it could create problems as well. Cochrane sums up the dilemma very nicely:

I conclude that information trading...sits at the conflict of two externalities / public goods. On the one hand...?price impact? means that traders are not able to appropriate the full value of the information they bring, so there can be too few resources devoted to information production (and digestion, which strikes me as far more important). On the other hand, as Greenwood and Scharfstein point out, information is a non-rival good, and its exploitation in financial markets is a tournament (first to use it gets all the benefit) so the theorem that profits you make equal the social benefit of its production is false. It is indeed a waste of resources to bring information to the market a few minutes early, when that information will be revealed for free a few minutes later. ?Whether we have ?too much? trading, too many resources devoted to finding information that somebody already has in will be revealed in a few minutes, or ?too little? trading, markets where prices go for long times not reflecting important information, as many argued during the financial crisis, seems like a topic which neither theory nor empirical work has answered with any sort of clarity.

Exactly. Exactly.

Cochrane goes on to discuss "information trading" in great detail, and I encourage you to read everything else he has to say on the topic.

One related area of research that Cochrane doesn't mention, by the way, concerns the question of excess volatility, as famously discovered by Robert Shiller and demonstrated repeatedly since then. Even an asset market that is "efficient" in the academic-finance-prof sense of the word - i.e., unpredictable - may still swing more wildly than the real value of the assets. This can happen if people trade based on "noise" - if they believe that false information is actually true. A lot of the "information trading" people do may actually just serve to incorporate false information, rumors, and noise into the prices. That's clearly not a value-adding activity, and it does incur trading costs. This could be closely related to the tendency of investors to over-trade, but at an aggregate level instead of an individual level. If there's something coordinating the "noise traders" - some sort of fad or mass sentiment or herd behavior - then the same force that causes people to switch their stock holdings too often might cause markets to gyrate, racking up trading costs but destroying value. This is a separate issue from the issue of "tournaments", and also one that needs to be answered quantitatively (again, easier said than done!).

Cochrane also discusses the "shadow banking system" that was set up to do housing finance in the 2000s. I won't go over all that, but you should read it. I would, however, like to highlight this interesting point:

In any case, following the 2007-2008 financial crisis, and perhaps more importantly the collapse of short-term interest rates to zero and the innovation that bank reserves pay interest, this form of ?shadow banking? has essentially ceased to exist. RIP. ??

To drive home this point (and to complain about any analysis of the size of finance that stops in 2007), here are two graphs representing the size of the ?shadow banking system,? culled from other papers. From Adrian and Ashcraft (2012, p. 24), the size of the securitized debt market...?

?

And from Gorton and Metrick (2012), a different slice of securitized debt markets: ?

This highlights an interesting point that often gets lost in discussions like this: Value-destroying activities often get naturally eliminated over time. This is evolution at work.

There are other examples. For instance, in Liar's Poker, Michael Lewis describes his job as basically being the ripping off of fools. As a bond salesman for Salomon Brothers in the 80s, he basically had a rolodex full of fools, many of them in Europe. When a client wanted to rip off a fool, he would call up Salomon, and Michael Lewis would find a fool to take the bad end of the trade, earning middleman fees in the process. Or sometimes, Salomon traders themselves, doing "proprietary trades" with the firm's own portfolio, would do the ripping off. In any case, eventually the fools wised up, and Salomon collapsed and was bought out. That wasn't the end of "face-ripping," though, as the broker-dealer industry came to call the practice. If you believe Greg Smith, it was alive and well at Goldman Sachs in the 2000s. Note that it's perfectly legal to take a fool's money. Broker-dealers have no fiduciary duty to their clients when acting as middlemen. But it still seems like a value-destroying activity, and over time, a firm or industry that does it will lose its reputation and lose its clients. That is evolution in action.

The real questions here are, 1) how long will evolution take, 3) what will be the collateral damage when a value-destroying business dies out, and 3) can policy act faster than evolution, in a reliable manner, to curb value-destroying industries before nature curbs them?

In other words, the bar for policy intervention to curb value-destroying industries should be pretty high here. Eventually, swindlers, hucksters, and useless rentiers will be driven from the market. When we contemplate giving them a kick to speed them on their way out, not only must we ask ourselves "Is this activity value-creating?", but also "Can policy improve the situation fast enough, and safely enough, to justify the possibility that policy might make a mistake?" Just as in medicine, many treatments may not be wort the risk, even if they are effective.

Anyway, this is getting long, and I've barely even scratched the surface of the relevant issues. You can spend your entire life thinking about these issues, and barely even scratch the surface (though you may add lots of value to society!). If you are interested in the question of whether finance is worth it, go read Greenwood & Scharfstein, and go read Cochrane. But don't expect to come away satisfied that you know the answers! As in many areas of human endeavor, the size of our understanding is dwarfed by the size of our ignorance.

Source: http://noahpinionblog.blogspot.com/2013/01/how-much-value-does-finance-industry.html

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Longer CPR improves survival in both chidren and adults

Jan. 21, 2013 ? Experts from The Children's Hospital of Philadelphia were among the leaders of two large national studies showing that extending CPR longer than previously thought useful saves lives in both children and adults. The research teams analyzed impact of duration of cardiopulmonary resuscitation in patients who suffered cardiac arrest while hospitalized.

"These findings about the duration of CPR are game-changing, and we hope these results will rapidly affect hospital practice," said Robert A. Berg, M.D., chief of Critical Care Medicine at The Children's Hospital of Philadelphia. Berg is the chair of the Scientific Advisory Board of the American Heart Association's Get With Guidelines-Resuscitation program (GWTG-R). That quality improvement program is the only national registry that tracks and analyzes resuscitation of patients after in-hospital cardiac arrests.

The investigators reported data from the GWTG-Resuscitation registry of CPR outcomes in thousands of North American hospital patients in two landmark studies -- one in children, published January 2013, the other in adults, published in October 2012.

Berg was a co-author of the pediatric study, appearing online January 21 in Circulation, which analyzed hospital records of 3,419 children in the U.S. and Canada from 2000 through 2009. This study, whose first author was Renee I. Matos, M.D., M.P.H., a mentored young investigator, found that among children who suffered in-hospital cardiac arrest, more children than expected survived after prolonged CPR -- defined as CPR lasting longer than 35 minutes. Of those children who survived prolonged CPR, over 60 percent had good neurologic outcomes.

The conventional thinking has been that CPR is futile after 20 minutes, but Berg said these results challenge that assumption.

In addition to Berg, two other co-authors are critical care and resuscitation science specialists at The Children's Hospital of Philadelphia: Vinay M. Nadkarni, M.D., and Peter A. Meaney, M.D., M.P.H.

Nadkarni noted that illness categories affected outcomes, with children hospitalized for cardiac surgery having better survival and neurological outcomes than children in all other patient groups.

The overall pediatric results paralleled those found in the adult study of 64,000 patients with in-hospital cardiac arrests between 2000 and 2008. Berg also was a co-author of that GWTG-R study, published in The Lancet on Oct. 27, and led by Brahmajee K. Nallamothu, M.P.H., M.D., of the University of Michigan. Patients at hospitals in the top quartile of median CPR duration (25 minutes), had a 12 percent higher chance of surviving cardiac arrest, compared to patients at hospitals in the bottom quartile of median CPR duration (16 minutes). Survivors of prolonged CPR had similar neurological outcomes to those who survived after shorter CPR efforts.

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The above story is reprinted from materials provided by Children's Hospital of Philadelphia, via Newswise.

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

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Journal References:

1. Matos et al. Duration of CPR and Illness Category Impact Survival and Neurologic Outcomes for In-Hospital Pediatric Cardiac Arrests. Circulation, Jan. 21, 2013
2. Zachary D Goldberger, Paul S Chan, Robert A Berg, Steven L Kronick, Colin R Cooke, Mingrui Lu, Mousumi Banerjee, Rodney A Hayward, Harlan M Krumholz, Brahmajee K Nallamothu. Duration of resuscitation efforts and survival after in-hospital cardiac arrest: an observational study. The Lancet, 2012; 380 (9852): 1473 DOI: 10.1016/S0140-6736(12)60862-9

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

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/most_popular/~3/GYLp06iu1oE/130121161749.htm

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Rebecca Sive: Beyonce Singing Two National Anthems But President Obama Only Listening to One

I understand why Barack Obama admires Beyonce. Like him, she is smart, hardworking, forthright and demands respect. Besides, his closest advisor likes her. A lot. But it strikes me that, hard as it may be to imagine, President Obama isn't totally enamored of Beyonce.

Think that's not possible? Think that doesn't matter? Think again. Even though even Beyonce is a feminist, the President isn't liking that idea so much these days.

"Who run the world? Girls! Who run this motha? Girls! Some of them men think they freak this like we do; but no they don't; disrespect us no they won't; my persuasion can build a nation," Beyonce sings.

And then she speaks: Here she is recently on the matter of equal pay for equal work: "You know, equality is a myth, and for some reason, everyone accepts the fact that women don't make as much money as men do. I don't understand that. Why do we have to take a backseat?"

The Oxford English Dictionary defines feminism this way: "...the advocacy of women's rights on the ground of the equality of the sexes." No doubt, Beyonce stands on this ground as her feminist generation's most influential feminist standard bearer.

It is truly odd that President Obama isn't in sync with Beyonce and the rest of us feminists. After all, he is the only president who has appointed two women to the U.S. Supreme Court, a woman to run homeland security and two women as White House deputy chiefs-of-staff. His closest advisors are two incredibly strong and smart women whose feminist credentials are in good working order. Here is one, Valerie Jarrett, recommending today that women who care for this president: "Speak up," (Just the kind of thing us care-for-President-Obama, got-him-elected feminists do).

Valerie's is great advice and so I am wondering: Why is the president so out of sync these days?

Apparently because he prefers strategizing the game in the boys' locker room, notwithstanding that, during the fall 2012 campaign, he bragged he would do otherwise, no assist needed: "We don't have to order up some binders to find qualified, talented, driven young women...."

Maybe, it was the "young" that's gotten President Obama into this trouble. Like the men qualified for the highest level presidential appointments, qualified women have a lot of experience. They're just not young anymore.

But, I don't think so. I do think Jay Carney said what President Obama actually thinks: "White House spokesman Jay Carney said the president speaks with a number of diverse candidates for various positions and selects who he thinks is the right person for the job. 'It's not uniform, it's a broad sentiment and he believes the country is served by a process that does seek out the diverse talent in this country for different positions."

OK, Jay; that's all well and good, but we learned after these remarks that: "...among the big boy (Obama Cabinet) jobs, there are no girls," as Washington Post columnist Ruth Marcus put it to NBC's Andrea Mitchell. The Post's Chris Cillizza then underscored Marcus's point, saying: "...all Cabinet jobs are not created equal." Indeed.

And then there is the matter of the chief-of-staff job. Not a "big boy" Cabinet job, but at least as big.

Historians report that most presidents spend their second term shoring up their legacy, by locking in first term domestic policy victories and focusing on foreign policy. The president's chief-of-staff is responsible for making sure this all happens. Now, there's a really, really "big boy job." It's been reported that Denis McDonough, a man with strong foreign policy credentials, will be named to it. He is a man who literally grew up in the boys' locker room.

Did Mich?le Flournoy's name ever come up publicly in the run up to McDonough's apparently imminent appointment? Not to my knowledge, though she was considered qualified enough on foreign policy matters to be Defense Secretary. Now, I'm not plumping for Flournoy, but she has advised Obama for years and possesses other credentials he seriously likes: a Harvard degree and experience in the Clinton administration.

I am saying that Flournoy's present status (no Obama "big boy job") highlights the problem with President Obama's current stance: commitment to listening to those who "speak up" and to "diversity," is one thing, but commitment to "run this motha" is quite another.

"...(D)iversity helps to create more effective policy making, and better decision making for me, because it brings different perspectives to the table," said President Obama on Monday. But all tables aren't equal. Yes, there will be women sitting at many of his tables. But the head official table will be only men.

Last time, President Obama promised his cabinet "...would look like America." This time, that isn't sufficient to the need. Been there. (Been everywhere, in fact.) Done that (Superbly, by all counts.) Proved our bonafides. (Literally, ad nauseum.) This time, we women want to be America. We want to "run this motha." As Beyonce points out: "(Our) persuasion can build a nation." And, boys, do you need us nation-building now.

?

Follow Rebecca Sive on Twitter: www.twitter.com/@RebeccaSive

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Source: http://www.huffingtonpost.com/rebecca-sive/beyoncesinging-two-anthem_b_2505017.html

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Nearby universe's 'cosmic fog' measured

Jan. 19, 2013 ? Researchers from the Laboratoire Leprince-Ringuet (CNRS/?cole Polytechnique) have carried out the first measurement of the intensity of the diffuse extragalactic background light in the nearby Universe, a fog of photons that has filled the Universe ever since its formation. Using some of the brightest gamma-ray sources in the southern hemisphere, the study was carried out using measurements performed by the HESS (1) telescope array, located in Namibia and involving CNRS and CEA. The study is complementary to that recently carried out by the Fermi-LAT (2) space observatory. These findings provide new insight into the size of the Universe observable in gamma rays and shed light on the formation of stars and the evolution of galaxies.

They feature on the cover of the 16 January 2013 issue of the journal Astronomy & Astrophysics online.

The light emitted by all the objects in the Universe (stars, galaxies, etc) ever since its birth fills intergalactic space with an 'ocean' of photons known as the 'diffuse extragalactic background light'. The ambient luminosity of our own Galaxy makes it impossible to directly measure this fossil record of the light emitted in the Universe. To get around this problem, astrophysicists make use of gamma rays (3) (whose energy is more than 500 billion times greater than that of visible light), which provide an alternative, indirect method of measuring this light.

A beam of gamma rays emitted by a distant galaxy located several hundred million light years away is attenuated on its way to Earth due to interactions with diffuse light. More specifically, when a gamma-ray photon enters into contact with a diffuse photon it may 'disappear', giving rise to an electron and its antiparticle, a positron, which reduces the intensity of the beam. The thicker the fog of diffuse photons, the greater the attenuation, and the smaller the size of the Universe observable in gamma rays. Finally, absorption by Earth's atmosphere of the remaining radiation gives rise to a shower of subatomic particles, which generates a flash of light that can be detected from the ground by HESS, a mainly French-German telescope array. HESS detects very-high-energy gamma rays (in the region of a thousand billion eV), while those with lower energy are directly detected by the Large Area Telescope (LAT) on the Fermi Gamma-Ray Space Telescope.

In this study, the researchers focused on distinctive galaxies called blazars (4), which are several billion light years away. By using HESS to measure the gamma-ray spectra emitted by relatively close blazars, they evaluated the effect of the interaction of highly energetic gamma rays with the diffuse extragalactic background light within a sphere of a three billion light year radius. The Fermi-LAT collaboration did the same for the more distant Universe, from 5 to 10 billion light years away. These measurements made it possible to estimate, for the first time with a precision of around 20%, the intensity of the starlight contained within the Universe at wavelengths ranging from the near infrared to the ultraviolet, including visible wavelengths.

A better understanding of this diffuse light, which acts as a record of the Luminous Universe, provides information about the first stars, shedding light on their formation and on the evolution of galaxies. This new data could be incorporated into certain cosmological models to better describe the rate and processes of star formation since the birth of the Universe. These findings can also be used to define the size of the Universe observable in gamma rays, and open up the possibility of studying the signatures of more fundamental mechanisms related to intergalactic magnetic fields, as well as exotic physical phenomena.

(1) H.E.S.S.: 'High Energy Stereoscopic System'. The international HESS collaboration currently brings together 180 researchers from 28 laboratories in 12 different countries, mainly in Germany and France.

(2) The Imprint of the Extragalactic Background Light in the Gamma-Ray Spectra of Blazars. Ackermann et al., Science, published online on 1 November 2012 and in print 30 November 2012 (Vol. 338 no. 6111 pp. 1190-1192). 10.1126/science.1227160.

(3) Gamma radiation is made up of photons, just like visible light or X-rays, but it has far higher energy. (

4) Blazar: galaxy at the center of which gamma rays shine brightly, due to black holes, and whose jets of particles are pointed towards Earth.

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Story Source:

The above story is reprinted from materials provided by CNRS (D?l?gation Paris Michel-Ange).

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

---

Journal Reference:

1. A. Abramowski et al. Measurement of the extragalactic background light imprint on the spectra of the brightest blazars observed with H.E.S.S.. Astronomy & Astrophysics, 2013; 550: A4 DOI: 10.1051/0004-6361/201220355

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

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

Source: http://feeds.sciencedaily.com/~r/sciencedaily/strange_science/~3/GnKW5sauZDw/130119185004.htm

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How hot was 2012? Hottest on record in US, by a long shot (+video)

Global warming 'has had a role' in making 2012 the hottest ever recorded in the lower 48 states, says a US climatologist. The average temperature was 54.3 degrees F., a full degree higher than the previous annual record.

By Pete Spotts,?Staff writer / January 8, 2013

Alexander Merrill cools off in a cloud of mist at the Henry Doorly Zoo in Omaha, Neb., in this July 2012 file photo, taken when temperatures reached triple digits. Federal meteorologists say 2012 was the hottest year on record by far.

Nati Harnik / AP Photo / File

Enlarge

The year 2012 was the warmest on record for the continental United States, eclipsing 1998's record average temperature of 54.3 degrees by a full degree Fahrenheit.

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While one degree's difference may not seem like much, the spread between the record coldest year, 1917, and the previous record warm year, 1998, is just 4.2 degrees F. With 2012's record-high reading, the gap has grown by 25 percent, according to preliminary data from the National Climatic Data Center (NCDC) in Asheville, N.C.

Last year marked the 15th consecutive year of above-normal average annual temperatures for the continental US.

Global warming "has had a role in this," says Jake Crouch, a climatologist at the NCDC, during a briefing Tuesday on the year's data. Annual average temperatures for the lower 48 states have been increasing over the past century, although he noted that it's difficult to know how much of the warming in 2012 could be pegged to human-induced climate change versus natural variability.

Regionally, the Northeast, Southwest, South, and North West Central US posted record high annual temperatures, with the North West Central US coming in at 3.9 degrees F. above the long-term average, followed by the Northeast at 3.4 degrees F. above the long-term average.

Beyond temperatures, the continental US posted the second worst year, after 1998, for severe weather, as measured by the NCDC's US Climate Extremes Index.

The most pervasive severe conditions in 2012 centered on the ongoing drought in the US. At one point in July, moderate to exceptional drought, as measured by a gauge known as the Palmer Drought Severity index, covered 61 percent of the US. Other measures still put the drought coverage at 61 percent of the country, covering most of the western two-thirds of the US.

Toward the end of last year, a dearth of water flowing into the Mississippi River threatened to shut down barge traffic along a key section between St. Louis and Cairo, Ill. But the US Army Corps of Engineers released water from the Carlyle Lake Reservoir in Illinois, which fed water into the river. The Army Corps also used explosives to pulverize rocks on the river bottom that had become threats to navigation as the water level fell. These two actions, Corps officials say, are expected to keep the Mississippi open to barge traffic through the end of January.

Source: http://rss.csmonitor.com/~r/feeds/science/~3/1sfz33rWRGM/How-hot-was-2012-Hottest-on-record-in-US-by-a-long-shot-video

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Zack Bates added to Executive Board of British American Business ...

The British American Business Council (BABC), Orange County has added Zack Bates, CEO of Private Club Marketing, Inc., to its executive board of directors.

The BABC is the largest transatlantic business network, with 22 chapters ? and 2,500 member companies, including many of the world?s largest multinationals ? based in major business centers throughout North America and the United Kingdom.

The membership of the British American Business Council, Orange County includes many of the world?s leading multi-national companies and medium sized corporations in industries such as; technology, pharmaceuticals, energy, retail, aerospace/defense, insurance, finance, law, real estate, telecom, travel, medical, manufacture/design, engineering, non-profit, advertising & promotion, management/business consultancies, airlines and the media.

On behalf of its members, the BABC also actively engages with government on a broad range of policy issues to ensure that their actions take account of our members? views and interests. The BABC maintain an ongoing dialogue with Government on many of these issues and make direct, formal representations to Government on issues of particular concern.

Visit www.BABCOC.com for more information.

Source: http://privateclubmarketing.com/zack-bates-added-to-executive-board-of-british-american-business-council-oc/

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House GOP sharply divided on $51B Sandy aid bill

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Source: http://www.newsday.com/news/nation/house-gop-sharply-divided-on-51b-sandy-aid-bill-1.4442721

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Indian Cos Raise Rs.3.4 Lakh Crore In '12 via Debt

Bangalore: Listed companies have mopped up a staggering Rs 3.36 lakh crore - the highest in five years - through private issuance of debt securities in 2012 as relaxed norms and weak rupee increased the appetite of? corporates. In debt private-placements, firms issue debt securities or bonds to institutional investors to raise capital.

According to data available with market regulator Sebi (Securities and Exchange Board of India), listed Indian firms raised a total of 3,36,396 crore in 2012 through private placement of debt securities, a robust hike from Rs 2,10,869 crore garnered in the preceding year.

Data for funds mopped up before 2007 by listed Indian companies via private placement of debt securities is not available. In 2007, 1.05 lakh crore was raised via this route. In 2012, the number of issuances stood at 2,338 from 1,509 in the preceding year.

Market experts believe companies have opted for private placement of debt route for raising funds because of various factors such as increased investment limits in bonds for Foreign Institutional Investors (FIIs), simple disclosure norms and a weak rupee.

"The steps taken by Sebi are positive as the higher debt private placements could be the interest of FIIs,"? Geojit BNP Paribas research head Alex Mathew said.

The government has increased FII limits in government securities and corporate bonds by usd 5 billion each, taking the total investment limit in domestic debt to USD 75 billion. In October, the market regulator allowed companies multiple rounds of fund raising through debt route within 180 days by filing the prospectus only once.

"The Indian rupee, which is hovering around the 55-level, has also helped FIIs to stay invested in the domestic market," CNI Research head Kishor Ostwal said.

The weak local currency was another major reason for FIIs to invest in debt instruments as they would earn more if the currency depreciates against the dollar. The rupee had depreciated about 3.5 percent in 2012.

Also Read:

Commodities Which Will Outperform In 2013

8 Most Frugal Billionaires of All Time

Source: http://feedproxy.google.com/~r/si-finance/~3/4WS56I2_ZsU/Indian-Cos-Raise-Rs34-Lakh-Crore-In-12-via-Debt-nid-138416.html

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Facebook Breaks $30, U.S. Investigates Shell?s Arctic Accident: Weekly Market ? ? Wall St. Cheat Sheet

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Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGLk58G1TtLvEeI0p__R8fBI6tj_g&url=http://wallstcheatsheet.com/stocks/facebook-breaks-30-u-s-investigates-shells-arctic-accident-weekly-market-recap.html/

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Photo Gallery - An emotional goodbye - Troops headed to Afghanistan

Created 13-Jan-13

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Photo Gallery - An emotional goodbye - Troops headed to Afghanistan

? The Republic

Source: http://therepublicphotos.com/p399265953

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Kuwait wealth fund had $261 billion assets in March 2012: paper

KUWAIT (Reuters) - A rainy day fund managed by Kuwait Investment Authority (KIA) had assets currently worth more than $261 billion at the end of March last year, a local newspaper reported on Sunday citing a government audit.

Oil-producing Kuwait, one of the world's richest countries per capita, puts a percentage of its annual revenues into the Future Generations Fund, a nest egg for when oil supplies diminish or for when the economy suffers other shocks.

Daily al-Qabas said 47 percent of the fund was invested in stocks and that its total size was 73.63 billion Kuwaiti dinars ($261.61 billion) at the end of March. This would be $261.47 billion according to the current exchange rate or $266 billion at the time.

The KIA, which does not officially disclose its assets under management, was not immediately available for comment.

In September last year, OPEC member Kuwait decided it would start putting 25 percent of revenues into the fund, up from 10 percent previously, in order to invest state money more efficiently.

The fund, which invests outside Kuwait, was set up in 1976 and all investment income is reinvested. It is meant to provide for future generations in a country where more than half of nationals are under 25.

The KIA also manages a large General Reserve Fund which acts as the main treasurer for the government and receives all revenues. ($1 = 0.2815 Kuwaiti dinars)

(Reporting by Sylvia Westall; Editing by Dinesh Nair)

Source: http://news.yahoo.com/kuwait-wealth-fund-had-261-billion-assets-march-100336460--sector.html

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Auto Life Uniguard Monticello Insurance : California Car Insurance

Auto Life Uniguard Monticello Insurance main office is situated at 44322 Peninsula Blvd Casmalia (Santa Barbara).
Auto Life Uniguard Monticello Insurance offers online insurance for motor home insurance.
This is an ideal insurance policies for clients who are practised in driving.
If you need not expensive van insurance with 4 months rate cover? This agency offers comprehensive insurance policy.
Save time and money on cheaper car insurance with Auto Life Uniguard Monticello Insurance: if you have 5 years no claim discount they give you an instant 30% discount.
An online car insurance quote could be easier with their solutions.
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Source: http://californiacarinsurance.fotoblog.it/archive/2013/01/12/auto-life-uniguard-monticello-insurance1.html

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Ford opens cars to hackers to design car gizmos of the future

n/a

Ford, on Thursday, ushered their open source hardware accessory platform, OpenXC, out of beta. This came on the heels of the announcement on Tuesday of a software application platform for Ford's SYNC AppLink system. The two offer complementary ways in which Ford's vehicles will become platforms for the sale of both software and hardware addons of a completely different type than the traditional car accessories. This is not your LED running lights and faux fur seats, these will be cutting edge high technology integrating miniaturized computer hardware via the OpenXC platform, or smart phones via the SYNC AppLink system.

The OpenXC platform was announced nearly a year ago, and at that time Ford said it was in "Beta". It is an open sourced hardware and software layer providing access to the CANBUS on Ford vehicles via the OBD-II connector. The CANBUS is a digital communications technology used in all modern vehicles that you can think of as a "Local Area Network" (LAN) for your car. Modern car components send information and commands via the CANBUS. If third party accessory makers could access that information they could integrate hardware with cars to add functionality. There is a lively subculture of people using scantools that connect to the car via the OBD-II port to tweak engine settings, sometimes for higher performance, other times for higher efficiency.

On Tuesday, Ford announced a software-only interface into the SYNC AppLink portion of Ford's infotainment system. While both interfaces treat the automobile as an application development platform, the two are very different in details. The SYNC AppLink interface is solely to integrate voice control of smart phone applications into the voice controlled SYNC system in their cars. It is ready right now for smart phone application vendors to deploy for production productized use.

On the other hand, OpenXC as a leading edge research project where it's not clear what can be done with the data available through the OpenXC interface. Instead, Ford is encouraging developers, researchers and hackers to focus on using big data and open-source innovations using OpenXC. Note, in this case Ford is clearly not encouraging the criminal sort of "hacker" to participate, but is referring to the traditional sort of hacker whose love of technology lead them to tinker, take things apart, and rebuild them in interesting ways.

?Ford is committed to innovating with the help of software and now hardware developers,? said Paul Mascarenas, Ford vice president and chief technical officer. ?By connecting cars and trucks to wireless networks, and giving unheard-of access to vehicle data, entirely new application categories and hardware modules can be explored ? safety, energy efficiency, sharing, health; the list goes on. OpenXC gives developers and researchers the tools they need to get involved.?

The OpenXC kit includes an Arduino-based vehicle interface module. Arduino is an open source computer design that is popular among the hardware gizmo hacker community. It can be built into microminiaturized modules, that could easily be tucked behind the dashboard, and be programmed to do amazing things.

The OpenXC interface provides real-time access to parameters like the vehicle sensors, GPS receiver and vehicle speed. The user display could be an application running on a smart phone or tablet computer. It is a read-only designed to keep everything isolated from the vehicle control systems, meaning that the OpenXC interface cannot write data into the car, it can only read data from the car.

Ford hopes researchers and hackers will target three areas of important buzz words: Big Data is the processing of large amounts of data to tease out meaningful information. Ford sees this as potentially producing a more personalized, convenient and productive driving experience. Open-source innovation views the car as a platform and providing access to real-time data allows for the rapid development of custom hardware and software applications. User experience can be improved by "connectivity" either to the Internet or neighboring vehicles on the road. This is an increasingly important part of the total user experience while driving. Finding new ways to reduce stress and keep the driver informed can make driving a more pleasant experience.

?Through the OpenXC platform, we are paving the way for new opportunities that will help us prepare for the future of transportation where the automobile, mobile networks and the Internet cloud come together in ways never before imagined,? said Venkatesh Prasad, senior technical leader of Open Innovation for Ford Research and Innovation.

?OpenXC is an extension of the work being done at the Ford Silicon Valley Lab focusing on big data, open-source innovation and user experience,? added Mascarenas. ?We are enabling independent developers to flesh out their ideas using affordable and accessible hardware and software tools.?

Source: http://www.torquenews.com/1075/ford-opens-cars-hackers-design-car-gizmos-future

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A Fond Farewell to the Gaming App of the Day

It's been two years since we started posting the Gaming App of the Day here at Kotaku, shining the spotlight on a single Apple, Android or Windows Phone game that stood out in their respective crowded marketplaces. It was a good system, but it's one that doesn't work anymore, so it's going away.

Late last year I took up the mantle of Kotaku's mobile gaming editor, spearheading an effort to expand our mobile gaming coverage beyond a single app a day or select big-name titles. These days we're writing about at least two or three gaming apps a day. This made things complicated for the Gaming App of the Day format. Say Luke writes up his pick for Monday, and then Monday afternoon I stumble upon the greatest Android game I've ever played. I'd have to either write it as just another game under the shadow of the Gaming App of the Day, or wait until the next day. That's silly.

What was also happening was our non-mobile-centric writers (read: everyone not me) would pick a game to play for Gaming App of the Day, only to discover it wasn't very good. We tooled with negative GAOTD posts, but they never really felt right, so it was up to the individual to keep acquiring games until they found one they liked. That's also silly.

And so, in order to maintain the sanity of my fellow writers and allow them the option of not liking something (it's a good option), we're going to start doing straight-up gaming app reviews. You'll see how that all pans out on Monday, but I'm excited.

In the meantime, check out the games I didn't get around to writing about this week ? it's a nice meaty list, filled with little gems. And then scroll all the way down and check out our final five Gaming Apps of the Day. They will be (mildly) missed.

Android

APO Snow ? $1.99 (also on iOS)

A simple snowboarding and skiing game with single-finger controls. Not all that deep, but enjoyable.

Dragon Gem ? Free

It's a match-three game with a dragon theme. Not amazing, but good enough for a free download.

Rayman Jungle Run ? $2.99 (also on iOS)

An iPhone game of the year, just as enjoyable on Android.

---

iOS

KooZac ? Free

An addictive little block puzzle with a heaping helping of math, and who doesn't love math?

Last Knight ? $.99

An endless riding, jumping and jousting game built with Unreal Engine 3, so it's shiny as well as entertaining!

The Blockheads ? Free

This is a 2D version of MineCraft, essentially, free but with plenty to purchase in-game, should you choose. Half the players seem to like it. The other half hates it. Your call!

Demolition Physics ? $2.99

Do you like explosions? Do you like causing explosions? Do you like build things and then blowing them up? Not so much a game as a physics toy, Demolition Physics is a good way to work out your aggression.

Little Amazon ? Free

An incredibly cute little runner with a hero that develops magical powers as you progress through the game. This is one you should definitely grab.

Pinball Kid ? Free

A tribute to the old plastic handheld pinball games of yesteryear ? you know the ones with the tiny ball bearings in them? Ah, memories.

Amazing Ants ? Free

Get the ants to the exit in this adorable little physics puzzler. Really picks up once the rocket twigs show up.

---

Gaming App of the Day ? 1/7 - 1/11 2013

This Shark Prefers To Dine On Angry Birds

If Gameloft ever wants to shed its reputation as a studio that copies other people's ideas and repackages them, then they probably shouldn't be releasing games like Shark Dash. More ?

---

My New Favorite Endless Runner is Also an Endless Gunner

You know what Temple Run is missing? Kids with guns. More ?

---

The Moon Sneezes Its Way into Your Heart in This Little-Kid Version of the Universe

My two-year-old daughter doesn't think of stars as huge bodies of flaming gas millions of miles away. She thinks of them as little five-pointed symbols that live inside books and on top of Christmas trees. In similar fashion, she knows that there's a moon in the sky but also thinks the glowing circles formed by domed light fixtures in our home are also moons. Getting glimpses of how she's thinking about the universe is almost unbearably cute. And so is Paper Galaxy, which manages to cast the cosmos as a giant playground. More ?

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Joe Danger's Most Impressive Stunt is How Good His Mobile Game Turned Out

When I first caught wind of Hello Games bringing their stunt-racing hero Joe Danger to iOS, I imagined a straight port of the original PlayStation Network release, complete with a screen cluttered with virtual controls. Instead they've delivered a game that fully embraces the touch-based platform, one that's as refreshing to play as it was for the company's founder to develop. More ?

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What's In a Name? A Racing Game With a Nutty Finish

It's been a silly week for mobile games with suggestive names. First there was this. Then Fahey handed me something called "Noble Nutlings" for the iOS. Its icon was a beetle-browed, bucktoothed squirrel. I had no idea what to expect. More ?

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Source: http://kotaku.com/5975328/a-fond-farewell-to-the-gaming-app-of-the-day

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AppSpy's Top 10 iOS Games of 2012 - Part 2 | iPhone Game ...

Last modified 22 hours, 43 minutes ago

2012 was the first full year of reviewing Apps that I experienced since working at AppSpy, and as a year of gaming in general it was quite impressive. We had a number of developers successfully port their games over by adapting their control schemes (like The World Ends With You: Solo Remix and Bastion), and on the complete other side of the spectrum we had engaging quick to play Indie titles like Super Hexagon, and Catch-22.

The game to copy and clone this last year was definitely Temple Run with a glut of 3D imitators. Meanwhile the 2D endless runner genre continued on strong with many titles trying to be the next Jetpack Joyride. We saw sequels and follow-ups from studios that released their debut titles years ago (and for the most part, both categories had success with these releases).

The playing field is becoming a lot more crowded, but there are still plenty of interesting and enjoyable titles coming out every month. 2012 was a fantastic year for gaming, and I am very optimistic that 2013 might be even better.

Let's find out what AppSpy Dave's 'Top 5 iOS Games for 2012' has in store!

Mikey Shorts by BeaverTap Games

I came to Mikey Shorts a little late, but I am glad I did. I started playing video games in the 80s and my two favorite genres have always been adventure games and platformers. The thing about platformers is that after you've started with Super Mario Bros, you won't accept a platformer that doesn't feel right when you're playing it. Mikey Shorts feels right... which is a difficult task on a touch screen, especially with virtual buttons. There's a flow to the game, where you can slide through, leap to a high platform and then hop with a feather touch across the heads of a series of bots, and the only break is when you mistime a leap or reach the end of a level.

Rayman Jungle Run by Ubisoft

Rayman Origins is an extremely beautiful and engaging game. When an iOS game was announced, I'll admit I was skeptical. Rayman Jungle Run absolutely nails the look and feel of its console counterparts while adapting its control scheme to benefit the touch screen, and with its short levels and trails of Lums to follow, it may be a linear guided experience, but an incredibly fun one, and that's what matters.

Run Roo Run by 5TH Cell

When you want to discuss bite-sized levels and one touch gameplay, Run Roo Run could be considered a template. Each world introduces a new game element, and then all the levels revolve around that element (sometimes incorporating previous elements) that help to create a game that you can't put down, and due to that is over before you know it. Luckily they were clever enough to release some weekly challenge packs after the game's release. I think a lot of people forgot about this title because it was released in January but you shouldn't, and that's part of the reason why it's here.

Score! Classic Goals by First Touch

This one surprised me. I'm not really a fan of soccer (exhibit A, I call it soccer, not football), but there was just something about nailing down the exact lines and curves of the ball passes in order to achieve a goal that actually happened in the real game. Having a look at the play mapped out with lines and markers, and then translating that to a 3D environment where the opposing team actually react to your execution of the play, be it good or bad, and well... I was hooked.

And my Pick of the Year - Catch-22 by Mango Down!

One of the constants when putting together my games of the year list is how long I kept the title on my phone after either reviewing it myself, or watching the review on AppSpy before purchase. Catch-22 is my go-to App. Yes, it's simple and elegant, but its real magic is how quickly you can lose yourself with those two orbs, and the random decisions that are sometimes made to play either risky or conservative this time around. With all the high end graphics, 3D worlds and narratives out there, sometimes we forget how beautiful a pure gaming experience can be (Super Hexagon for instance), and that is Catch-22 in a jumping, weaving, colored orb of a nutshell.

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Source: http://www.appspy.com/toplist/6624/appspys-top-10-ios-games-of-2012-part-2

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City of London Police Museum ? Family tree research

Are you researching your family tree? Or maybe you are interested in researching police history? We have a limited number of archives, including information about police officers. If you have an ancestor you would like to know about, please contact us. We will be happy to provide you with any information that we hold.

Source: http://www.citypolicemuseum.org.uk/family-tree-research

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Solid Internet Marketing Advice For A New Business | Internet ...

Internet marketing has established itself as the new way to advertise products. Use these tips to increase your income.

Watching what your competitors do is a key aspect of the Internet marketing game. Whatever field you operate in will always have competition.

Offer a freebie that is associated with your business. Then, submit it to be posted on sites that offer free items. If it is a free e-book, submit it to websites that offer free e-books. Many websites are available that give out free e-content and are easy to submit too.

There is no one formula for successful Internet marketing; it contains elements of science as well as art. Before you begin Internet marketing, try to both aspects. Make sure you think it through when you are considering what your customer wants to experience.

Most often you will be advised not to mix business with your home life, but this may qualify as an exception. The reason being, that this can be viewed as more of a lucrative hobby rather than a high-pressure situation. Working alongside your spouse makes this even more fun.

Handle customer complaints in a personal way, done yourself whenever possible. While hiring a third party to take care of these issues may sound helpful, it would be in your best interest to try and resolve issues on your own. If you get an email from an unsatisfied customer, return the email yourself, and offer them a resolution to the problem.

Put customer testimonials on your site. Nobody will trust you by words alone, sometimes it is best to provide actual video?s on your site which show your potential proof that the product actually does work. This demonstrates that using your product produces results.

Find your market by figuring out what people have complaints about. Why is this? This can help you to figure out what people are having trouble with so you can help fix it. When you have ideas about issues to solve, you can begin to work on the solutions that fit within your niche. This can give you your market niche, which can create a competitive advantage on others.

Look into research that has been done on how a business?s website design or online marketing techniques influence the psychological behavior of consumers. The color, layout, theme and other elements of your website can subconsciously influence a visitor?s perception of your brand. This information is useful when you are trying to get the most money.

You can get lots of visitors to a website through viral videos. With a little creativity you can make a viral video that will appeal to the masses. When it?s done right, you will reap the results in increased sales higher than other marketing efforts.

When using Internet marketing, use the word ?guarantee? in your ad. Clients like to know there is no chance to lose money on your product. You can experiment by offering different guarantees on different products, and see what works for you. Try using a lifetime guarantee or even one for 90 days. Tailor the guarantee to the product you will be marketing.

As you have learned, increasing your knowledge on Internet marketing can really take you far. Now that you are more informed with Internet marketing, you can use this new information to better your efforts. Applying the advice that you have learned should lead to your enjoying increased income.

Be sure to visit our friends at SIVA Marketing.

Source: http://internetmarketingforcash.com/?p=1776

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