Indian e-commerce is still in its early stages: Joaquin Rodriguez - 1

Joaquin Rodriguez Torres, Managing Director, Head of Technology, Media and Telecom Investment Banking, Asia, Deutsche Bank shares his perspectives on the present and future of e-commerce, online advertising and the mobile space

Q: What are the opportunities for internet companies in India?
A: The landscape for e-commerce is still unfolding and is only at a very early stage of development. India has leapfrogged the rest of the world in many ways and is in the running towards forming a large internet economy like China and the US.

Joaquin Rodriguez Torres, Managing Director, Head of Technology, Media and Telecom Investment Banking, Asia, Deutsche Bank

In some sectors like online travel, India has developed more quickly than China and going forward, e-commerce and online advertising are the two major verticals to watch out for. Currently, e-commerce as a percentage of total retail sales remains significantly under-penetrated, just as online advertising is a percentage of total advertising spend. The opportunity and challenge lies in this space.

Q: How are the Indian and Chinese e-commerce markets similar?
A: The fundamentals of India are very similar to China. The offline, brick-and-mortar retail infrastructure is satisfactory in the more developed cities. However, in the inner cities where transportation is more of a challenge, resources are scarce, and retail space is more basic. Internet is capable of addressing some of these challenges.

The other opportunity that the internet provides is the ability to reach a large number of consumers through advertising. The audience is shifting from traditional media such as print and TV to the Internet and mobile devices. Advertisers are looking for targeted reach. The internet allows advertisers to reach more people in an economical and targeted way. The penetration of online advertising in India is currently minimal compared to the US but it will grow over time as more consumers get access to internet. We expect the online advertising market to grow quickly.

Q: Is there any other space which you are excited about in India?
A: The other space I?m very excited about in India is the mobile space. The country has the largest mobile user base in the world and the usage of mobile phones in many ways is more sophisticated in India than in other countries in the world. Despite the market having some challenges, including low connection speed and low smartphone penetration, innovative opportunities have emerged in the country in the form of value-added services. I am very bullish on the mobile space in India. The country will look back 20 years from now and realize that the trend was obvious.

Q: Currently in India, close to 94 percent of e-commerce transaction value is travel-related. With the economy not doing too well, is the over-reliance on the sector a good thing or a bad thing?
A: Online travel as a percentage of non B2B e-commerce makes for a significant part of the e-commerce market in India. On the positive side, it shows that travel has done extremely well compared to other segments of India?s e-commerce. It also highlights the fact that the rest of the Indian e-commerce market is significantly underdeveloped. This is where we see the need and opportunity for significant growth.

Online travel penetration relative to total travel spending is 32 percent, similar to what we see in the US, but a lot larger than China, which is at about eight percent. Online travel has developed faster than other sub-sectors in the country largely because the experience of buying tickets offline in India is comparatively more complicated and cumbersome than in other countries. The rest of e-commerce is still underpenetrated but is growing fast.

Q: What are the problems in the e-commerce space?
A: The two key challenges are payments and logistics. Similar to China, Cash-on-Delivery still seems to be the preferred payment method in India and that presents some logistical challenges, including high returns. In China, we saw payment models emerge such as Alipay, a subsidiary of Alibaba, which is an escrow system to hold the payment until each transaction is finalized and confirmed by both the buyer and the seller. The other challenge in e-commerce is logistics. We have already seen Chinese e-commerce companies spend a lot on building their own logistics infrastructure and now we witness independent logistics companies as a new addition to the e-commerce ecosystem. This has started to happen in India too.

Q: The US has a market cap of about $500 billion, while in India it is at approximately $3 billion. Though it is still early days for Indian internet, can this huge disparity be bridged?
A: The big disparity exists mainly because the Internet market in India is still at an early stage. In time we will see the creation of big businesses through e-commerce?selling products and services online, and advertising. The talent is tremendous and the opportunity is not only for Indian internet companies to cater to the domestic market but also global consumers.

China?s internet space is a somewhat protected environment for local players and the competition is low from global internet giants. That is not the case with India. India?s internet space reflects the fact that the Internet world is without borders. Indian companies face tough competition from global players. Surviving brutal competition means that as and when you win in India, you are ready to compete anywhere else in the world. This will be particularly true in the mobile space.

Q: The recent Facebook IPO produced lackluster results. Where do you see markets panning out?
A: There is a lot of liquidity out there and investors need to put money to work. Through this crisis, the risk factor for technology investments in Asia has increased and investors have allocated more capital to cash. They have preferred to park cash aside because if they do not know which way the markets are going to go, it is very difficult to make directional investment decisions, whether long or short. As the macro picture becomes clearer, the capital will get back to investments.

As interest rates continue to remain low, equity investments will be more attractive. Equity returns are driven by growth, and growth is still higher in the emerging markets at the moment. I think the fundamental thesis of technology equity in countries like India and China remains solid. We need to get past macro concerns. In the longer term, there is a lot of shareholder value to be created in the sector.

? Entrepreneur India October 2012

?

Source: http://entrepreneurindia.in/people/inconversation/indian-e-commerce-is-still-in-its-early-stages-joaquin-rodriguez-torres/16095/

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Counseling of Anxiety | Bodybuilding, Supplements, Diets, Workouts ...

---

With the emergence of high tech bio-monitoring devices the exact underlying cause for anxiety, social anxiety, separation anxiety, panic attacks and anxiety related issues can now be determined and eliminated. Coupled with a faith based, values centered, approach anxiety resolves quickly resulting in a remarkably fast recovery for this condition.

The good news is this, ?real, lasting, help is now available for this condition which was once thought to be untreatable without heavy dosing of psychotropic medications?.

If you have anxiety or know someone who has anxiety, you already know from past experience the ?traditional? methods only partly help. This is because they are usually unsuccessful in determining anxiety?s cause. Why not call today and learn about what can be done to bring about a lasting solution for this debilitating condition.

Symptoms
Anxiety can be accompanied by physical effects such as heart palpitations, nausea, chest pain, shortness of breath, stomach aches, or headaches. Physically, the body prepares the organism to deal with a threat. Blood pressure and heart rate are increased, sweating is increased, bloodflow to the major muscle groups is increased, and immune and digestive system functions are inhibited (the fight or flight response). External signs of anxiety may include pale skin, sweating, trembling, and pupillary dilation. Someone suffering from anxiety might also experience it as a sense of dread or panic.

Although panic attacks are not experienced by every anxiety sufferer, they are a common symptom. Panic attacks usually come without warning, and although the fear is generally irrational, the perception of danger is very real. A person experiencing a panic attack will often feel as if he or she is about to die or pass out. Panic attacks may be confused with heart attack.

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NEW YORK, N.Y. - A backup generator failed at a New York City hospital Monday night, forcing it to move out more than 200 patients, including 20 babies from the neonatal intensive care unit.

Dozens of ambulances lined up around the block outside New York University Tisch Hospital as doctors and nurses began the slow process of evacuation. They started with the sickest and youngest. Some were on respirators operating on battery power.

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Five Smartphone Apps That Will Significantly Improve Your Long ...

[unable to retrieve full-text content]For those of us in long distance relationships, we know that no matter how much you love your SO, sometimes it's just not the same as spending every day together. After my boyfriend and I decided to attend different colleges ...

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Cocktail achieves superconducting boost

Tuesday, October 30, 2012

Physicists describe how they have synthesized a new material that belongs to the iron-selenide class of superconductors, called LixFe2Se2(NH3)y, in a paper about to be published in EPJ B. The work was carried out by Ernst-Wilhelm Scheidt from the University of Augsburg and colleagues. This material displays promising superconducting transition temperatures of 44 Kelvins (K) at ambient pressure, thus improving upon traditional copper-based high-temperature superconductors.

The ultimate goal of scientists developing such materials is to reach superconducting characteristics at temperatures above that of liquid nitrogen (77K), which is the benchmark temperature to make them attractive for applications.

Until now, superconductors based on iron and arsenic discovered in 2008 worked at 56K. As recently as 2010 attempts to develop other materials replacing arsenic with selenium yielded iron-selenium materials with an intercalation of potassium, rubidium, cesium or thalium. These materials, belonging to the family of iron chalcogenide materials, reached a superconducting temperature of 32 K.

The authors have now used a chemical synthesis method to intercalate lithium atoms between layers of iron and selenium. Similar to the way a cocktail would generate an exciting new flavour, stirring all these ingredients for several hours in liquid ammonia produced exciting new superconducting properties. They found that these properties are controlled by electronic doping and expansion of the iron-selenium material's lattice structure, which is gained by intercalating the lithium-based electronic donor molecules.

Unlike previous attempts, the authors showed in this study that these materials can be successfully synthesised with a remarkable degree of purity. In addition, the fraction of the material that is superconductive was almost 80 percent, the highest reported for materials in the intercalated iron chalcogenides family.

Going one step further, the authors also showed that using sodium instead of lithium will further increase the superconducting temperature to 45.5 K.

###

E.-W. Scheidt, V.R. Hathwar, D. Schmitz, A. Dunbar, W. Scherer, F. Mayr, V. Tsurkan,J. Deisenhofer, and A. Loidl (2012), Superconductivity at Tc = 44 K in LixFe2Se2(NH3)y, European Physical Journal B 85: 279, DOI: 10.1140/epjb/e2012-30422-6

Springer: http://www.springer.com

Thanks to Springer for this article.

This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.

This press release has been viewed 23 time(s).

Source: http://www.labspaces.net/124901/Cocktail_achieves_superconducting_boost_

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Gay 'cures' don't work but banning them helps nobody

Therapies that claim to make gay people straight are hateful and dangerous, but banning them won't win over their supporters

CAN therapy make gay people straight? It might seem strange to ask that question in this day and age, but reparative (or conversion) therapy is back in the news. Last month the governor of California Jerry Brown signed legislation banning reparative therapy for minors. Within days, Christian legal group, the Pacific Justice Institute, sued to stop its implementation, on the grounds of both freedom of speech and intrusion of privacy into relationships between therapists and families.

Reparative therapy is used primarily in conservative religious communities where homosexual behaviour is considered a sin. It is based on the flawed assumption that homosexuality is a mental disorder - a position that was comprehensively rejected by mainstream psychiatry in 1973.

So it may seem that California's ban is a good thing. Not necessarily. The case raises important questions about the role of government in promoting equality for repressed minorities.

First, let me be clear that I am not defending reparative therapy. Far from it. The American Psychological Association has warned that it is at best useless, and at worst potentially harmful, stigmatising unchangeable sexual orientation. Studies cited by the APA suggest the therapy may lead to anxiety, depression and raised suicide risk in some people.

The main evidence in favour of reparative therapy came from a 2003 report published in Archives of Sexual Behavior (vol 32, p 403) by Robert Spitzer of the New York State Psychiatric Institute. He reported that some participants self-identified as heterosexual after therapy. However, the study did not look at actual sexual inclinations or erotic fantasies, and the sample consisted mainly of religious conservatives eager to identify as heterosexual. Spitzer's study was subjected to severe criticism and Spitzer himself disavowed it in 2012, apologising to the gay community.

Put simply, current evidence suggests that reparative therapy is useless or even dangerous. However, that doesn't necessarily mean that it should be banned.

First, it is worth noting that many forms of psychotherapy are harmful. In a classic report in Perspectives on Psychological Science (vol 2, p 53) Scott Lilienfeld of Emory University in Atlanta, Georgia, details a number of therapies which evidence suggests are harmful. These include well-known lemons such as rebirthing therapy, recovered memory therapy and facilitated communication, which supposedly allows children with severe developmental disorders to communicate.

But they also include mainstream approaches such as boot camps for youths with conduct problems, Drug Abuse and Resistance Education (DARE) and Scared Straight, which aims to frighten adolescents away from a life of crime by exposing them to prison. If the intent of California's ban is to eliminate potentially harmful therapies, why not ban these too? Of the harmful therapies enumerated by Lilienfeld, only rebirthing has been banned, and only in two states. Even the lobotomy is not banned in the US. Boot camps and DARE programmes are mandated by the justice system or schools for some children. As such, their potential negative impact is just as great as for reparative therapy.

Of course the issue of reparative therapy fits with a broader narrative of gay rights and the truculence of religious conservatives in acknowledging equality for homosexuals. Perhaps reparative therapy simply seems more hateful and thus is particularly distasteful. But programmes such as Scared Straight and boot camps are aimed at adolescents and are arguably just as hateful - as sociologist Mike Males of the Center on Juvenile and Criminal Justice in San Francisco notes, adolescents tend to be a perennial societal punching bag.

Though reparative therapy may indeed be an awful thing, I'm not convinced government regulation is the best way to address it. The heart of this issue is some people's stubbornness to accept the fact that consenting adults lead sexual lifestyles different from their own. I doubt that regulation will address this fundamental problem. It could even backfire, further convincing religious conservatives that they are under fire from an increasingly secular and liberalised culture. It seems unlikely that families and therapists who have not listened to the APA's warnings about reparative therapy are now going to be swayed by the state of California.

On a broader level, I believe government must be careful when tackling social issues, especially when using social science data. Spitzer's study is perhaps a case in point, but increasingly in this field we acknowledge we have a problem with flexible methodology, meaning that our data analysis procedures are so wishy-washy, it's possible to "prove" anything.

Consensus at any point in time is largely irrelevant. Today's scientific sure thing is tomorrow's junk science. That was evident during last year's US Supreme Court case when an attempt by California (again) to ban violent video game sales to minors was struck down, in part because the scientific case had unravelled. Ten years ago scholars were sure violent video games caused aggression; it is increasingly clear the evidence never was there. I doubt reparative therapy will ever be similarly redeemed, but I do worry when social science becomes the basis for policy.

Gay men and women have benefited from a general liberalisation of our culture. I don't believe this is something that can be enforced through legislation, though. The drive to ban reparative therapy is understandable, but apart for the symbolic victory, I worry it won't have the intended effect.

Christopher J. Ferguson is an associate professor of psychology and criminal justice at Texas A&M International University in Laredo

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Forex Secrets | Information

On a daily basis, thousands and thousands of trades are created inside a currency exchange market place named Currency trading. The phrase ?Forex? right stems fxrogue review from the start of two phrases ? ?foreign? and ?exchange?. Compared with other buying and selling programs including the stock industry, Fx is not going to entail the buying and selling of any products, bodily or representative. Alternatively, Currency trading operates via obtaining, promoting, and investing amongst the currencies of varied economies from worldwide. As the Fx promote is really a worldwide buying and selling method, trades are created twenty-four hours a day, 5 times per week. Additionally, Currency trading is just not bound by any a person manage company, which suggests that Forex trading will be the only legitimate cost-free current market financial investing program obtainable right now. By leaving the exchange fees away from any just one group?s fingers, it is actually significantly a lot more tough to even try and manipulate or corner the currency market place. With every one of the positive aspects linked while using Fx process, as well as the world wide array of participation, the Fx promote is definitely the biggest market place from the complete earth.

Anyplace in between one trillion and one.five trillion equivalent America bucks are traded to the Forex trading market place just about every and each and every day.

So relatively than guidebook you by way of a structured website with additional information by several sections; they normally utilize this pitch web page plus they commonly pack it with info and also a ton of challenging providing. It has verified for being the craze and it really is gotten tougher and more challenging for many EAs to market place their program with no these kind of pitch pages. It truly is typically the situation with electronic merchandise and or/stuff it is possible to buy on the net. In regards to these make-money-online and Forex trading web pages they normally have a very wide range of flash to them and certainly lots of issues to draw clients in. The truth is it is not a lot unique from every other type of promoting, most surely not the likes of other financial systems, and so forth. They must have some kind of attractiveness and be aggressive. My summary is the fact even though it appears like it may be a rip-off, do your research anyhow and it might not be. It just is dependent. Some items are symptoms, but in my view online layout and challenging providing will not be immediate symptoms of the fraud.

Even though while in the Foreign exchange Current market one thing to hope for might be charts and evidence.

Most currency trading choices investing is carried out by way of phone as you will find only some foreign exchange brokers presenting on the net currency trading selection buying and selling platforms.

Currency trading Solution Defined ? A fx selection is really a economical currency agreement supplying the currency trading alternative customer the appropriate, although not the obligation, to get or provide a particular fx spot agreement (the fundamental) in a precise price tag (the strike rate) on or in advance of a certain date (the expiration date). The total the forex trading possibility customer pays into the foreign exchange possibility seller for that fx selection agreement legal rights is named the foreign exchange possibility ?premium.?

The Fx Choice Purchaser ? The purchaser, or holder, of the foreign currency solution has the decision to possibly promote the foreign currency possibility agreement just before expiration, or she or he can elect to maintain the foreign currency possibilities agreement right until expiration and training her or his suitable to acquire a place within the fundamental spot foreign currency. The act of performing exercises the foreign currency selection and using the subsequent fundamental place during the foreign currency spot industry is called ?assignment? or getting ?assigned? a spot placement.

As I explained previously mentioned, the foreign exchange buying and selling is regarded as among the list of most lucrative and beautiful possibilities for financial commitment as any human being can readily do in your own home or office environment and from any a part of the planet.

For succeeding the Foreign currency trading, anyone is just not expected to perform any on the net marketing, promotion and so on. The one necessity inside the Foreign currency trading would be the account that an individual is needed to open up with trustworthy and registered brokers, a pc method and speedy web link.

Now, you may have for being cautious when opening a Fx account with any broker since some might be Fraud. The Commodity Futures Investing Commission (CFTC) in US has jurisdiction through all Futures and Foreign exchange action. When investing within the foreign exchange markets, consumers must only trade having a CFTC registered entity that?s also a member from the Countrywide Futures Association (NFA) which is controlled because of the CFTC. For non-US broker/ lender entities, ensure which the broker or lender is registered with that country?s acceptable regulatory bodies.

The simple most apparent solution is obviously ? on the web! On line currency trading offers you immediate accessibility towards the fx promote and there is plenty and numerous organizations in existence that are in company in order to offer with you on-line. Be vigilant, do shell out some time to have some excellent foreign currency trading training, all over again this may be given on the web and build your dummy account to trade prior to you try to go dwell. In the event you acquire treatment and acquire your time, there is no purpose why you should not become successful in foreign currency trading so, have endurance and adhere at it!

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It started in Iowa; will it end there? (Powerlineblog)

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PFT: Peyton says game harder after neck surgeries

Getty Images

As expected, the NFL has filed its response to the effort to recuse former Commissioner Paul Tagliabue as the hearing officer in the appeal of the suspensions issued against Saints linebacker Jonathan Vilma, Saints defensive end Will Smith, Browns linebacker Scott Fujita, and free-agent defensive end Anthony Hargrove.? As expected, the NFL disagrees with the players? position that Tagliabue should be disqualified.

The respective positions of the parties pit notions of legal ethics against collectively-bargained procedures for resolving disputes.? The NFLPA has agreed that the Commissioner or his designee will have authority to handle these appeals.? The NFLPA, under the league?s argument, must accept the exercise of that authority ? even if the person appointed has a potential conflict of interest via his employment with a law firm that represents the league.

The NFL?s argument is that the potential conflict of interest has been waived via the appointment of Tagliabue to handle the appeal.? The NFLPA?s argument is that Tagliabue doesn?t truly have the freedom to rule against the NFL because the law firm that employs him represents the NFL?s interests in, among other things, a defamation case against Commissioner Roger Goodell that could get a lot stronger if the internal appeal process results in a dressing-down of the manner in which the Commissioner handled the investigation and discipline of the players.

Like so many legal issues, each side persuasively has articulated its position.? Now, the judge in Louisiana (key words:? ?in Louisiana?) must pick one position or the other, or possibly a combination of the two.? In this case, the second page of the NFL?s brief points out that the entire effort arises from alleged conduct detrimental to ?the integrity of, or public confidence in, the game of professional football.?? In turn, the selection of an employee of a law firm that represents the NFL could undermine ?the integrity of, or public confidence in? the justice system.? For that reason, many judges would politely ask Tagliabue to step aside, erring on the side of ensuring that there will be no tarnish to the perception of the courts.

Looking at the situation more broadly, the question becomes whether it?s right to even put Tagliabue in the position of having to consider, consciously or not, the potential impact of his decision on existing relationships.? When jurors are screened for service in a trial, judges routinely ask if they know or are related to the parties or the lawyers or the witnesses.? When I had a chance to ask the jurors questions, I?d ask if any are related to or know each other.? When it?s time to hash out justice, the folks in the jury room shouldn?t have to worry about the impact of their decision on any of their relationships ? including their relationships with jurors that they may have already known before the trial.

In this case, Tagliabue has relationships that could be impacted by a ruling against the NFL, especially in light of the unprecedented degree to which the facts of the case are contested by the players and the NFL.? And while plenty of past hearings have been handled by league employees who may have compromised their employment relationship by not doing what the Commissioner wanted them to do, the sharp conflict between the parties and the extreme publicity and notoriety of the situation make this case one in which it would be imprudent ? and arguably unfair ? to have Tagliabue handle the appeal.? For that reason, a judge could err on the side of caution and ask the league to appoint a different hearing officer.

Source: http://profootballtalk.nbcsports.com/2012/10/26/peyton-manning-the-game-is-harder-after-neck-surgeries/related/

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Hurricane Sandy expected to make landfall early Tuesday

SHIP BOTTOM, N.J.?

With much of the Eastern Seaboard in the path of a rare behemoth storm, residents of the nation's most densely populated corridor contemplated whether to heed dire warnings of torrential rain, high winds and up to 2 feet of snow.

"You know how many times they tell you, 'This is it, it's really coming and it's really the big one,' and then it turns out not to be?" said Alice Stockton-Rossini as she packed up to leave her home a few hundred yards from the ocean in Ship Bottom, N.J.

"I'm afraid people will tune it out because of all the false alarms before, and the one time you need to take it seriously, you won't. This one might be the one."

Hurricane Sandy ? upgraded again Saturday just hours after forecasters said it had weakened to a tropical storm ? was barreling north from the Caribbean and was expected to make landfall early Tuesday near the Delaware coast, then hit two winter weather systems as it moves inland, creating a hybrid monster storm.

Even if Sandy loses strength and makes landfall as something less than a hurricane, the combined storm was expected to bring misery to a huge section of the East. An 800-mile wide swath of the country could see 50 mph winds regardless of Sandy's strength.

Experts said the storm could be wider and stronger than Irene, which caused more than $15 billion in damage, and could rival the worst East Coast storm on record. On Saturday morning, forecasters said hurricane-force winds of 75 mph could be felt 100 miles away from the storm's center.

Up and down the coast, people were cautioned to be prepared for days without electricity. Jersey Shore beach towns began issuing voluntary evacuations and protecting boardwalks. Atlantic City casinos made contingency plans to close, and officials advised residents of flood-prone areas to stay with family or be ready to leave. Several governors declared states of emergency. Airlines said to expect cancellations and waived change fees for passengers who want to reschedule.

"Be forewarned," Connecticut Gov. Dannel P. Malloy. "Assume that you will be in the midst of flooding conditions, the likes of which you may not have seen at any of the major storms that have occurred over the last 30 years."

In North Carolina's Outer Banks, light rain was falling Saturday and winds were building up to a predicted 30 to 50 mph. A steady stream of campers and other vehicles hauling boats were leaving the low-lying islands for the mainland. Residents feared a temporary bridge built after Irene last year poked a new inlet through the island could be washed out again, severing the only road off Hatteras Island.

In Ship Bottom, N.J., Russ Linke was taking no chances Saturday. He and his wife secured the patio furniture, packed the bicycles into the pickup truck and headed off the island.

"I've been here since 1997, and I never even put my barbecue grill away during a storm, but I am taking this one seriously," he said. "They say it might hit here; that's about as serious as it can get."

At a Home Depot in Freeport, on New York's Long Island, Bob Notheis bought sawhorses to get his furniture off the floor inside his home.

"I'm just worried about how bad it's going to be with the tidal surge," he said. "Irene was kind of rough on me and I'm just trying to prepare."

After Irene left millions without power, utilities were taking no chances and were lining up extra crews and tree-trimmers. Wind threatened to topple power lines, and trees that still have leaves could be weighed down by snow and fall over if the weight becomes too much.

New York City began precautions for an ominous but still uncertain forecast. No decision had been made on whether any of the city's public transportation outlets would be shut, despite predictions that a sudden shift of the storm's path could cause a surge of 3 to 6 feet in the subways.

The subway system was completely shuttered during Irene, the first such shutdown ever for weather-related reasons. Irene largely missed the city, but struck other areas hard.

In upstate New York, Richard Ball was plucking carrots, potatoes, beets and other crops from the ground as quickly as possible Friday. Ball was still shaky from Irene, which scoured away soil, ruined crops and killed livestock.

Farmers were moving tractors and other equipment to high ground, and some families pondered moving furniture to upper stories in their homes.

"The fear we have a similar recipe to Irene has really intensified anxieties in town," Ball said.

Source: http://feeds.latimes.com/~r/latimes/news/science/~3/4KrZnrCac3Y/la-naw-hurricane-sandy-treks-north-20121027,0,3732235.story

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Basic Sailing Terminology: Through the Eyes of a Super Yacht Chief ...

Home ? Uncategorized ? Basic Sailing Terminology: Through the Eyes of a Super Yacht Chief Stewardess

Many stewardesses underestimated just how important basic seamanship is. Understanding sailing terminology is particularly important, especially when it is your home and work place. Below is a list that I have complied that will help you to get your head around some of these nautical terms...

Click here to read the full article at Travel-and-Leisure:Sailing Articles from EzineArticles.com -->

Source: http://south-florida-yacht-charters.com/2012/basic-sailing-terminology-through-the-eyes-of-a-super-yacht-chief-stewardess/

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Silvio Berlusconi convicted in Italy of tax fraud

FILE - In this Sept. 27, 2012 file photo, Italian former premier Silvio Berlusconi reacts during a press conference in Rome, Italy. A court in Italy has convicted, Friday, Oct. 26, 2012, former Premier Silvio Berlusconi of tax fraud and sentenced him to four years in prison. In Italy, cases must pass two levels of appeal before the verdicts are final. Berlusconi is expected to appeal. (AP Photo/Alessandra Tarantino, File)

FILE - In this Sept. 27, 2012 file photo, Italian former premier Silvio Berlusconi reacts during a press conference in Rome, Italy. A court in Italy has convicted, Friday, Oct. 26, 2012, former Premier Silvio Berlusconi of tax fraud and sentenced him to four years in prison. In Italy, cases must pass two levels of appeal before the verdicts are final. Berlusconi is expected to appeal. (AP Photo/Alessandra Tarantino, File)

In this photo released by the Berlusconi press office Thursday, Oct. 25, 2012, former Italian premier Silvio Berlusconi tapes a video message where he announces he will not run for a fourth term as premier in spring elections. Berlusconi has until now been coy about his intentions. But the three-time former premier posted a statement on his movement's website yesterday, under the headline: "I won't run for premier.", following today with a video where he confirmes his intentions. (AP Photo/Livio Anticoli, Berlusconi press office)

FILE - In this Sept. 27, 2012 file photo, Italian former premier Silvio Berlusconi wipes his forehead during a press conference in Rome, Italy. A court in Italy has convicted, Friday, Oct. 26, 2012, former Premier Silvio Berlusconi of tax fraud and sentenced him to four years in prison. In Italy, cases must pass two levels of appeal before the verdicts are final. Berlusconi is expected to appeal. (AP Photo/Alessandra Tarantino, File)

FILE - In this Feb. 9, 2011 file photo, Italian former premier Silvio Berlusconi grimaces during a press conference in Rome, Italy. A court in Italy has convicted, Friday, Oct. 26, 2012, former Premier Silvio Berlusconi of tax fraud and sentenced him to four years in prison. In Italy, cases must pass two levels of appeal before the verdicts are final. Berlusconi is expected to appeal. (AP Photo/Pier Paolo Cito, File)

File- In this Thursday, March 8, 2012 file photo, then Russian Prime Minister Vladimir Putin, left, former Italian Prime Minister Silvio Berlusconi, center, and then Russian President Dmitry Medvedev, right, smile during their meeting in the mountain resort of Krasnaya Polyana near the Black Sea resort of Sochi, southern Russia. A court in Italy has convicted former Premier Silvio Berlusconi of tax fraud and sentenced him to four-years in prison. Berlusconi is expected to appeal. (AP Photo/RIA-Novosti, Dmitry Astakhov, Presidential Press Service)

MILAN (AP) ? Just two days after announcing he won't run in spring elections, former Italian Premier Silvio Berlusconi was convicted of tax fraud and sentenced to four years in prison Friday in a verdict that could see him barred from public office for five years.

Berlusconi, after dominating Italian politics for nearly two decades, has seen his power weakening in the last year as a sex scandal tarnished his image and he was forced to resign as premier after failing to convince financial markets that he could come up with convincing reforms to shield Italy from Europe's debt woes.

In the latest blow, the 76-year-old billionaire media mogul received the stiffest sentence among the four co-defendants convicted in a scheme that involved inflating the price his media empire paid for TV rights to U.S. movies and pocketing the difference. And the sentence was more than the three years and eight months sought by prosecutors.

The court, which began hearing the case in 2006, also said Berlusconi could not hold public office for five years or manage any company for three years, penalties that would take force only if the conviction is upheld on two levels of appeal.

In a statement, Berlusconi's lawyers condemned the verdict as "absolutely incredible," and said they would appeal. Berlusconi is expected to remain free while two levels of appeal are exhausted.

However, a corruption bill drafted by the technical government headed by Premier Mario Monti, who replaced Berlusconi, would bar anyone convicted at the trial level from seeking office.

Berlusconi denounced the conviction as "unreal" and the case as politically motivated ?as he has the numerous charges against him mostly for business dealings since entering political life in 1994. Berlusconi stayed away from the Milan tribunal, where his lawyers on Friday were defending him in a separate courtroom on charges of having paid for sex with an underage Moroccan teen and trying to cover it up.

"It is a political conviction that I can define perfectly well as incredible and intolerable," Berlusconi said in a phone call to his Italia 1 private network Friday evening.

He denied that there was any connection between his decision to step aside and allow another center-right candidate to seek the premiership in spring elections.

"My lawyers and I never thought that such a conviction would be possible," Berlusconi said.

The court read its reasons for the conviction immediately in court, a rare occurrence given they have 90 days to write them. It was a sign that the judges want to speed the case along to the appellate level before the charges expire, sometime next year or early 2014.

"He has been around this particular block more than a few times," said Alexander Stille, who has written several books on Italy. "I don't see ? partly given his advanced age and the nature of power in Italy ? him doing jail time."

Berlusconi has been convicted in the past at the trial level. But the convictions have always either been overturned on appeal or seen the statute of limitations run out.

Roberto D'Alimonte, a political science professor at Rome's LUISS University, said Italians won't change their minds based on the conviction.

"Foreigners will be surprised, but not Italians," D'Alimonte said.

The real impact will be in whether the provision barring those convicted at the trial level from office will make it through Parliament in the corruption bill. "It is something to monitor," D'Alimonte said.

Prosecutors allege the defendants were behind a scheme to purchase the rights to broadcast U.S. movies on Berlusconi's private television network and falsely declared the payments to avoid taxes. They said the defendants then inflated the price for the TV rights of some 3,000 films as they relicensed them internally to Berlusconi's networks, pocketing the difference amounting to around ?250 million.

A total of 11 people were on trial.

Three were acquitted, including a close associate of Berlusconi, Fedele Confalonieri, chairman of Mediaset.

Berlusconi and three others were convicted, including a Hollywood producer, Frank Agrama, who received a three-year sentence. The four convicted must deposit a total of ?10 million ($13 million) into a court-ordered fund while the appeals proceed.

Four defendants were cleared because statute of limitations had run out on their charge.

Berlusconi is not the first former Italian premier to be convicted of criminal charges.

Former Socialist Premier Bettino Craxi eluded an arrest warrant and turned up at his villa in Tunisia in 1994 after a court in Italy charged him in a corruption case. He was tried in absentia, convicted and sentenced to 8 1/2 years in prison, never returned to Italy and died in exile. Craxi was considered Berlusconi's mentor thanks to his opening to private television in Italy from a state monopoly.

Former seven-time Christian Democrat premier, Giulio Andreotti, was convicted of involvement in a Mafia murder. But he was cleared on appeal and never went to jail.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-10-26-Italy-Berlusconi%20Trial/id-2ade18968692403480a84e922ed10f33

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Size does matter in sexual selection, at least among beetles

Public release date: 25-Oct-2012
[ | E-mail | Share ]

Contact: Greg Hand
greg.hand@uc.edu
513-556-1822
University of Cincinnati

A new collaborative project among researchers from Uppsala University in Sweden and the University of Cincinnati has, for the first time, demonstrated experimentally the evolutionary force behind the rapid evolution of male genitals, focusing on a species of seed beetle.

This mechanism is revealed in a study published today in the scientific journal Current Biology. The experiments leading to this paper involved a species of seed beetle known as Callosobruchus maculatus. Mating among these beetles involves several males engaging in copulation with individual females.

"When a female mates with several males, the males compete over the fertilization of her eggs," said Michal Polak, associate professor of biological sciences at the University of Cincinnati, one of the co-authors. "Because females mate with multiple males, the function of the male copulatory organ may determine which of the males will fertilize most of her eggs. Our results show that the morphology of the male genitalia affects his fertilization success in these beetles."

The competition to produce offspring is the driving force of evolution. Competition among males occurring after insemination may be an important evolutionary force that has led to the evolution of a diversity of shapes and sizes of male sexual organs, the co-authors assert. This competition among males has generated a great biological diversity that they believe can directly contribute to the formation of new species.

"The reproductive organs of animals with internal fertilization change more rapidly than all other morphological features during evolution," Polak said. "In virtually all groups of animals, from roundworms and molluscs to reptiles and mammals, the male sex organs differ markedly among even closely related species, with female genital traits remaining relatively unchanged."

To experimentally investigate the role of genital shape in reproductive success, the Swedish researchers - Cosima Hotzy, Goran Arnqvist and Johanna L. Ronn - bred male beetles with extraordinarily long genital spines. They simultaneously bred male beetles with extremely small spines. Experiments demonstrated that the males with long spines produced substantially more offspring.

"It is possible, however, that breeding for long spines introduced a secondary trait that affects fertility," Polak said. Unintended consequences, he said, are well known to animal breeders.

To prove that it was the spines and not some other trait, some beetles had their genital spines surgically modified using micro-scale laser surgery. Polak's laboratory has gained an international reputation for using a precision laser system to make microscopic changes to insect bodies.

Insects modified through both methods were then observed throughout the competitive mating process. The international team found that the longer genital spines directly contributed to successful fertilization. Seminal fluid from the males was also tracked through high-resolution radioisotope labels, and shown to enter the female body more quickly after mating with long-spined males than short-spined males.

"This provides experimental evidence that male genital morphology influences success in postcopulatory reproductive competition," Polak said.

There is more work to be done, Polak said, to understand the mechanism at work here. It is possible that these longer spines help introduce bio-active molecules from seminal fluid into the female circulatory system. These added proteins and peptides, which have yet to be characterized, may create effects within the female that contribute to male reproductive success. It is also possible that genital spines exert mechanical effects within the female by stimulating her reproductive tract during copulation, thereby inducing the female to uptake and use more of her current mate's sperm.

###

The study was funded by the European Research Council, the Swedish Research Council, and the National Science Foundation.

---

[ | 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.

Public release date: 25-Oct-2012
[ | E-mail | Share ]

Contact: Greg Hand
greg.hand@uc.edu
513-556-1822
University of Cincinnati

A new collaborative project among researchers from Uppsala University in Sweden and the University of Cincinnati has, for the first time, demonstrated experimentally the evolutionary force behind the rapid evolution of male genitals, focusing on a species of seed beetle.

This mechanism is revealed in a study published today in the scientific journal Current Biology. The experiments leading to this paper involved a species of seed beetle known as Callosobruchus maculatus. Mating among these beetles involves several males engaging in copulation with individual females.

"When a female mates with several males, the males compete over the fertilization of her eggs," said Michal Polak, associate professor of biological sciences at the University of Cincinnati, one of the co-authors. "Because females mate with multiple males, the function of the male copulatory organ may determine which of the males will fertilize most of her eggs. Our results show that the morphology of the male genitalia affects his fertilization success in these beetles."

The competition to produce offspring is the driving force of evolution. Competition among males occurring after insemination may be an important evolutionary force that has led to the evolution of a diversity of shapes and sizes of male sexual organs, the co-authors assert. This competition among males has generated a great biological diversity that they believe can directly contribute to the formation of new species.

"The reproductive organs of animals with internal fertilization change more rapidly than all other morphological features during evolution," Polak said. "In virtually all groups of animals, from roundworms and molluscs to reptiles and mammals, the male sex organs differ markedly among even closely related species, with female genital traits remaining relatively unchanged."

To experimentally investigate the role of genital shape in reproductive success, the Swedish researchers - Cosima Hotzy, Goran Arnqvist and Johanna L. Ronn - bred male beetles with extraordinarily long genital spines. They simultaneously bred male beetles with extremely small spines. Experiments demonstrated that the males with long spines produced substantially more offspring.

"It is possible, however, that breeding for long spines introduced a secondary trait that affects fertility," Polak said. Unintended consequences, he said, are well known to animal breeders.

To prove that it was the spines and not some other trait, some beetles had their genital spines surgically modified using micro-scale laser surgery. Polak's laboratory has gained an international reputation for using a precision laser system to make microscopic changes to insect bodies.

Insects modified through both methods were then observed throughout the competitive mating process. The international team found that the longer genital spines directly contributed to successful fertilization. Seminal fluid from the males was also tracked through high-resolution radioisotope labels, and shown to enter the female body more quickly after mating with long-spined males than short-spined males.

"This provides experimental evidence that male genital morphology influences success in postcopulatory reproductive competition," Polak said.

There is more work to be done, Polak said, to understand the mechanism at work here. It is possible that these longer spines help introduce bio-active molecules from seminal fluid into the female circulatory system. These added proteins and peptides, which have yet to be characterized, may create effects within the female that contribute to male reproductive success. It is also possible that genital spines exert mechanical effects within the female by stimulating her reproductive tract during copulation, thereby inducing the female to uptake and use more of her current mate's sperm.

###

The study was funded by the European Research Council, the Swedish Research Council, and the National Science Foundation.

---

[ | 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/2012-10/uoc-sdm102512.php

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