Monday, August 27, 2007
One Winning Ticket for $314M Powerball
Associated Press 08.26.07, 8:38 PM ET
RICHMOND, Ind. -
The only winning ticket for a $314.3 million Powerball lottery prize was sold in this city on the Indiana-Ohio state line, lottery officials said Sunday.
Lottery officials won't know who holds that ticket until someone comes forward, said Mark Sirkin, a spokesman for the Hoosier Lottery. continue...
The Record of Your Life as a Digital Archive
WHEN Hurricane Katrina hit New Orleans, Karen Duncan was ordered to leave her uptown neighborhood. continue...
Calisthenics for the Older Mind, on the Home Computer
WHEN Charline and Dan Truitt of Irvine, Calif., owners of a company that audits mortgage lenders, started misplacing their keys and blanking on names, they made all the usual jokes about senior moments. But it was no laughing matter when Mrs. Truitt, 62, started forgetting client appointments. more...
Thursday, August 23, 2007
Powerball numbers for 08/22/2007 are:
12 37 40 48 50 Powerball 37
Powerplay 4
Powerplay 4
The estimated Grand Prize was $252,100,000 ($117,800,000 cash).
There was no Grand Prize Winner.
The next Powerball drawing will be on Saturday, August 25th, 2007 with
an estimated Grand Prize of $300,000,000 ($140,300,000 cash).
Thursday, August 16, 2007
Looking after yourself is the key to university success
How do you get the most from university? By keeping both your body and mind in shape, says Dr Rodger Charlton
Published: 16 August 2007
Staying healthy while at university or college doesn't have to be difficult if you get organised, are sensible about what you do and seek help quickly if you do fall ill. continue...
Published: 16 August 2007
Staying healthy while at university or college doesn't have to be difficult if you get organised, are sensible about what you do and seek help quickly if you do fall ill. continue...
Wednesday, August 15, 2007
Expect More Damage from US Kaleidoscopic Diplomacy
by Rami G. Khouri
Released: 1 Aug 2007
BEIRUT -- The riddle of American foreign policy in the Middle East this week became even more puzzling, following the announcement of major new military aid and sales packages to Israel, Saudi Arabia, Egypt and smaller Arab countries. The totals will top $70 billion over the coming ten years. The United States justifies this as part of its policy of fighting radicalism and terrorism, supporting moderates, and promoting an Arab-Israeli peace process. continue...
Released: 1 Aug 2007
BEIRUT -- The riddle of American foreign policy in the Middle East this week became even more puzzling, following the announcement of major new military aid and sales packages to Israel, Saudi Arabia, Egypt and smaller Arab countries. The totals will top $70 billion over the coming ten years. The United States justifies this as part of its policy of fighting radicalism and terrorism, supporting moderates, and promoting an Arab-Israeli peace process. continue...
Missing the Epic Story of the Middle East
by Rami G. Khouri
Released: 11 Aug 2007
BEIRUT -- I had a very unusual experience Friday morning as I was going through my pleasant early morning routine while sitting in my easy chair on our balcony overlooking the Mediterranean Sea, reading the newspapers, drinking coffee, listening to the BBC radio news, and watching my water turtle Jerry show me his back flips and other new maneuvers which he perfected overnight while the rest of us slept. The unusual thing was that there was not a single news item about the Middle East on the BBC radio news. continue...
Released: 11 Aug 2007
BEIRUT -- I had a very unusual experience Friday morning as I was going through my pleasant early morning routine while sitting in my easy chair on our balcony overlooking the Mediterranean Sea, reading the newspapers, drinking coffee, listening to the BBC radio news, and watching my water turtle Jerry show me his back flips and other new maneuvers which he perfected overnight while the rest of us slept. The unusual thing was that there was not a single news item about the Middle East on the BBC radio news. continue...
Iraq's Air 'Straits Question'
by Richard Bulliet
Released: 9 Aug 2007
For three centuries, down to the end of World War II, Europe's diplomats were troubled by the Straits Question: the waterway linking the Black Sea to the Mediterranean Sea.
The Ottoman Empire controlled the straits -- the Dardanelles, the Sea of Marmara, and the Bosphorus -- and barred passage to foreign warships. And this effectively prevented Russia from becoming a Mediterranean power by plugging the only outlet for their Black Sea fleet.
Today, Iraq’s skies pose a new Straits Question. And Iraqi air space is the "plug" for any Iranian air power. continue...
Released: 9 Aug 2007
For three centuries, down to the end of World War II, Europe's diplomats were troubled by the Straits Question: the waterway linking the Black Sea to the Mediterranean Sea.
The Ottoman Empire controlled the straits -- the Dardanelles, the Sea of Marmara, and the Bosphorus -- and barred passage to foreign warships. And this effectively prevented Russia from becoming a Mediterranean power by plugging the only outlet for their Black Sea fleet.
Today, Iraq’s skies pose a new Straits Question. And Iraqi air space is the "plug" for any Iranian air power. continue...
Arab Reform Running in Place
by Rami G. Khouri
Released: 15 Aug 2007
BEIRUT -- The “reform” industry in the Arab world has been on a roller-coaster for the past 15 years or so, soaring high at moments of exhilaration and ambitious expectations, then plummeting to earth in gut-wrenching disappointment. Reforming prevailing political, economic, security and administrative systems in the Arab world is a critical prerequisite for any hopes for stability, prosperity and a normal life for the majority of citizens. continue...
Released: 15 Aug 2007
BEIRUT -- The “reform” industry in the Arab world has been on a roller-coaster for the past 15 years or so, soaring high at moments of exhilaration and ambitious expectations, then plummeting to earth in gut-wrenching disappointment. Reforming prevailing political, economic, security and administrative systems in the Arab world is a critical prerequisite for any hopes for stability, prosperity and a normal life for the majority of citizens. continue...
R.I.P.: Nonproliferation
by Immanuel Wallerstein
Released: 15 Aug 2007
The concept of nuclear non-proliferation has been in trouble since the atomic bombing of Hiroshima on August 6, 1945. If the initial shock led to much sentiment worldwide to banish somehow this weapon, this sentiment has been losing support ever since. The concept did limp along for 62 years, which is pretty long, considering how improbable it always was that any country would renounce access to powerful weapons that other countries possessed. However, the U.S.-India Civil Nuclear Cooperation Initiative, officially announced on July 27, 2007, can be considered the final nail in the coffin of a hopeless idea. continue...
Released: 15 Aug 2007
The concept of nuclear non-proliferation has been in trouble since the atomic bombing of Hiroshima on August 6, 1945. If the initial shock led to much sentiment worldwide to banish somehow this weapon, this sentiment has been losing support ever since. The concept did limp along for 62 years, which is pretty long, considering how improbable it always was that any country would renounce access to powerful weapons that other countries possessed. However, the U.S.-India Civil Nuclear Cooperation Initiative, officially announced on July 27, 2007, can be considered the final nail in the coffin of a hopeless idea. continue...
Chug Milk, Shed Pounds? Not So Fast
WANT to lose weight? Eat more dairy products. That is the message the milk industry and sellers of yogurt and cheese have been promoting recently in TV and print ads.
A milk ad suggests dairy products play a role in weight loss. conitnue....
Got milk and got controversy
By Nanci Hellmich, USA TODAY
Will drinking milk help you lose weight? Milk-mustache ads featuring celebrities such as actresses Elizabeth Hurley and Bebe Neuwirth or TV advice-meister Dr. Phil McGraw either promise or strongly suggest that it does.
For example, a recent "Got Milk?" ad featuring singer Sheryl Crow reads: "Studies suggest that the nutrients in milk can play an important role in weight loss. So if you're trying to lose weight or maintain a healthy weight, try drinking 24 ounces of low-fat or fat-free milk every 24 hours as part of your reduced-calorie diet."
But studies on dairy's role in weight loss have shown mixed results. And a new entry in the mix is an epidemiological study released Wednesday that says dairy consumption doesn't have an effect on long-term weight loss for men. continue...
Why I'm Not Worried About Sub-Prime
August 15, 2007
Back in May, I ran a series of articles in The Kelly Letter in which I examined the state of real estate in Colorado and California. I spent more than a month driving around, talking to realtors, comparing the word on the street to bold headlines, and sending along my findings to subscribers.
From my May 19 report:
First, we've thought since the end of April that the stock market would see a weak medium term after rising higher in the short term. That's exactly what's played out.
Second, and more important to this article, is that the stakes are not as high as shrill headlines would have you believe.
True, the housing market has slowed. Ask yourself, however, what it has slowed from. Did it slow from a moderately good pace to a bad pace? Did it slow from a bad pace to a dismal pace?
No. It slowed from a breakneck amazing pace to a decent pace. Nobody thought the runaway housing market of the past few years could last forever, did they? To put this in perspective, home sales and housing starts are about where they were in 2002. Those levels were considered fine back then. They're still fine today.
Next, ask yourself how much of the U.S. economy housing represents. By the tenor of the news these days, you'd think half of the U.S. gross domestic product comes from the housing market. It doesn't. Housing accounts for a mere 5% of the economy. Even if housing slipped by 50%, the overall economy would suffer only a 2.5% loss. That's not nothing, but it's not the stuff of The Big One. Besides, housing is nowhere near falling 50%, so we're actually looking at a hit to the overall economy of maybe 1%.
Folks, this is no disaster. The stock market is not finished. We're not seeing the front edge of a storm that will demolish all we've built over the years.
We probably have further downside ahead, but it will be followed by up, and we'll still be standing. Smart investors are watching for good entry prices on stocks they've wanted to own for years and hoping for a lower market in the near term. You read that right: hoping for a lower market.
The Kelly Letter has already bought one stock in the downturn so far, and we're looking to buy more, including a home builder.
If you can't recognize the word O-P-P-O-R-T-U-N-I-T-Y between the headlines these days, you're in the wrong business. continue...
Back in May, I ran a series of articles in The Kelly Letter in which I examined the state of real estate in Colorado and California. I spent more than a month driving around, talking to realtors, comparing the word on the street to bold headlines, and sending along my findings to subscribers.
From my May 19 report:
I wrote a couple of weeks ago that housing prices in Colorado were no bargain. Now I see that they're no bargain in southern California, either. The popping of the bubble, the bottom of the market, the slump, or whatever else the media wants to call their phantom news story about housing's demise, is nowhere. True bargain hunters are holding cash, because bargains are hard to find.
I had dinner with another friend of mine, a fairly wealthy investor who's always on the lookout for something new. His circle of friends, he told me, are watching real estate and waiting...and waiting...and waiting. They've been waiting for three years. The media keeps reporting a fire sale, but nobody's seen any smoke.
What I've concluded is that the general real estate market is not a buyer's paradise.Since then, the sub-prime issue has ballooned to an even bigger news event, but my subscribers and I remain undaunted for a couple of reasons.
First, we've thought since the end of April that the stock market would see a weak medium term after rising higher in the short term. That's exactly what's played out.
Second, and more important to this article, is that the stakes are not as high as shrill headlines would have you believe.
True, the housing market has slowed. Ask yourself, however, what it has slowed from. Did it slow from a moderately good pace to a bad pace? Did it slow from a bad pace to a dismal pace?
No. It slowed from a breakneck amazing pace to a decent pace. Nobody thought the runaway housing market of the past few years could last forever, did they? To put this in perspective, home sales and housing starts are about where they were in 2002. Those levels were considered fine back then. They're still fine today.
Next, ask yourself how much of the U.S. economy housing represents. By the tenor of the news these days, you'd think half of the U.S. gross domestic product comes from the housing market. It doesn't. Housing accounts for a mere 5% of the economy. Even if housing slipped by 50%, the overall economy would suffer only a 2.5% loss. That's not nothing, but it's not the stuff of The Big One. Besides, housing is nowhere near falling 50%, so we're actually looking at a hit to the overall economy of maybe 1%.
Folks, this is no disaster. The stock market is not finished. We're not seeing the front edge of a storm that will demolish all we've built over the years.
We probably have further downside ahead, but it will be followed by up, and we'll still be standing. Smart investors are watching for good entry prices on stocks they've wanted to own for years and hoping for a lower market in the near term. You read that right: hoping for a lower market.
The Kelly Letter has already bought one stock in the downturn so far, and we're looking to buy more, including a home builder.
If you can't recognize the word O-P-P-O-R-T-U-N-I-T-Y between the headlines these days, you're in the wrong business. continue...
Monday, August 13, 2007
Panesar left to fight lonely battle on the home front
By David Llewellyn at The Oval
Published: 13 August 2007
Tradition has always had it that The Oval is an English spinner's heaven, but lately the south London ground has turned into hell for the homeboys. continue...
Published: 13 August 2007
Tradition has always had it that The Oval is an English spinner's heaven, but lately the south London ground has turned into hell for the homeboys. continue...
Dravid sets out to build monument to India's three graces
The man the fans love to call 'The Wall' has always provided a fittingly solid foundation for the beautiful feats of two other greats
By James Lawton
Published: 13 August 2007
When India's captain Rahul Dravid finally allowed England a glimpse at the mountain peak target of 500 runs he had fashioned for them with considerable Oriental subtlety, if not befuddling obscurity, the crowd remembered they were in a cricket ground of some significance. The Mexican wave stopped promptly. Ironic cheers for Indian runs ceased. continue...
By James Lawton
Published: 13 August 2007
When India's captain Rahul Dravid finally allowed England a glimpse at the mountain peak target of 500 runs he had fashioned for them with considerable Oriental subtlety, if not befuddling obscurity, the crowd remembered they were in a cricket ground of some significance. The Mexican wave stopped promptly. Ironic cheers for Indian runs ceased. continue...
India 664 & 180-6 dec, England 345 & 56-0: Dravid puts block on England's faint hopes of salvaging series
By Angus Fraser at The Oval
Published: 13 August 2007
For 35 minutes of an otherwise mundane day it appeared as though England had an outside chance of producing something very, very special. In a high-quality spell of fast bowling James Anderson trapped Wasim Jaffer lbw and knocked Sachin Tendulkar's middle and leg stumps out of the ground and a beauty from Chris Tremlett forced Dinesh Karthik to edge to slip. continue...
Published: 13 August 2007
For 35 minutes of an otherwise mundane day it appeared as though England had an outside chance of producing something very, very special. In a high-quality spell of fast bowling James Anderson trapped Wasim Jaffer lbw and knocked Sachin Tendulkar's middle and leg stumps out of the ground and a beauty from Chris Tremlett forced Dinesh Karthik to edge to slip. continue...
India at 60: special report
Since it cast off colonial rule in August 1947, India has become one of the most powerful nations on earth. But what has it sacrificed along the way? Andrew Buncombe goes in search of the Subcontinent's soul
Published: 10 August 2007
Also with this article:
'An example to the world' | Voices of India | India: the timeline
Ten miles south of Delhi, where the dusty scrub has been cleared and replaced by an ocean of quick-setting concrete, India is road-testing a new vision of its future. Gurgaon is a satellite city with endless shopping malls, high-rise apartment blocks and more than one million people. It is also the laboratory for an experiment with global implications. continue...
Published: 10 August 2007
Also with this article:
'An example to the world' | Voices of India | India: the timeline
Ten miles south of Delhi, where the dusty scrub has been cleared and replaced by an ocean of quick-setting concrete, India is road-testing a new vision of its future. Gurgaon is a satellite city with endless shopping malls, high-rise apartment blocks and more than one million people. It is also the laboratory for an experiment with global implications. continue...
Hot dogs for Bush and Sarkozy - but no sign of Cecilia
By John Lichfield in Paris
Published: 13 August 2007
President George Bush and President Nicolas Sarkozy ate hot dogs and went for a ride on a speedboat together in Maine at the weekend, restoring the chummy Franco-American presidential relations severed by the Iraq war. continue...
Published: 13 August 2007
President George Bush and President Nicolas Sarkozy ate hot dogs and went for a ride on a speedboat together in Maine at the weekend, restoring the chummy Franco-American presidential relations severed by the Iraq war. continue...
'Casablanca' to be remade by Bollywood
By Andrew Buncombe in Delhi
Published: 12 August 2007
The setting is not Rick's Café in Nazi-controlled Morocco but a restaurant in southern India, and the conflict is not the Second World War but the current ethnic conflict in Sri Lanka. continue...
Published: 12 August 2007
The setting is not Rick's Café in Nazi-controlled Morocco but a restaurant in southern India, and the conflict is not the Second World War but the current ethnic conflict in Sri Lanka. continue...
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