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Thursday, 23 August 2012
Wednesday, 22 August 2012
Addiction Books For relaxation When 50 Shades of Grey doesn’t cut it.

The Science of Addiction: From Neurobiology to Treatment
Carlton K. Erickson
312 pages
Publisher: W. W. Norton and Company (2007)
Amazon Overview: Neuroscience is clarifying the causes of compulsive alcohol and drug use––while also shedding light on what addiction is, what it is not, and how it can best be treated––in exciting and innovative ways. Current neurobiological research complements and enhances the approaches to addiction traditionally taken in social work and psychology. However, this important research is generally not presented in a forthright, jargon-free way that clearly illustrates its relevance to addiction professionals. In The Science of Addiction, Carlton K. Erickson presents a comprehensive overview of the roles that brain function and genetics play in addiction.
The Addiction Solution: Unraveling the Mysteries of Addiction through Cutting-Edge Brain Science
David Kipper and Steven Whitney
304 pages
Publisher: Rodale Books (2010)
For decades addiction has been viewed and treated as a social and behavioral illness, afflicting people of “weak” character and “bad” moral fiber. However, recent breakthroughs in genetic technology have enabled doctors, for the first time, to correctly diagnose the disease and prove that addiction is an inherited, neuro-chemical disease originating in brain chemistry, determined by genetics, and triggered by stress. In their groundbreaking Addiction Breakthrough, David Kipper, MD, and Steven Whitney distill these exciting findings into a guide for the millions of adults who want to be free from the cycle of addiction, and for their loved ones who want to better understand it and to help.
In the Realm of Hungry Ghosts: Close Encounters with Addiction
Gabor Maté
520 pages
Publisher: North Atlantic Books (2010)
Based on Gabor Maté’s two decades of experience as a medical doctor and his groundbreaking work with the severely addicted on Vancouver’s skid row, In the Realm of Hungry Ghosts radically reenvisions this much misunderstood field by taking a holistic approach. Dr. Maté presents addiction not as a discrete phenomenon confined to an unfortunate or weak-willed few, but as a continuum that runs throughout (and perhaps underpins) our society; not a medical "condition" distinct from the lives it affects, rather the result of a complex interplay among personal history, emotional, and neurological development, brain chemistry, and the drugs (and behaviors) of addiction. Simplifying a wide array of brain and addiction research findings from around the globe, the book avoids glib self-help remedies, instead promoting a thorough and compassionate self-understanding as the first key to healing and wellness.
Memoirs of an Addicted Brain: A Neuroscientist Examines his Former Life on Drugs
Marc Lewis
336 pages
Publisher: PublicAffairs (2012)
Marc Lewis’s relationship with drugs began in a New England boarding school where, as a bullied and homesick fifteen-year-old, he made brief escapes from reality by way of cough medicine, alcohol, and marijuana. In Berkeley, California, in its hippie heyday, he found methamphetamine and LSD and heroin. He sniffed nitrous oxide in Malaysia and frequented Calcutta’s opium dens. Ultimately, though, his journey took him where it takes most addicts: into a life of addiction, desperation, deception, and crime. But unlike most addicts, Lewis recovered and became a developmental psychologist and researcher in neuroscience. In Memoirs of an Addicted Brain, he applies his professional expertise to a study of his former self, using the story of his own journey through addiction to tell the universal story of addictions of every kind.
The Chemical Carousel: What Science Tells Us About Beating Addiction
Dirk Hanson
472 pages
Publisher: BookSurge (2009)
A book for anyone concerned with the care and healing of addiction, substance abuse, and the latest advances in the area of addiction science. In The Chemical Carousel, science writer Hanson takes the reader on a voyage through the heady world of addiction science, from the lab to the clinic to the junky on the street. Hanson explains the workings of common neurotransmitters and documents the direct effect drugs and alcohol produce on the reward pathways of the brain. He shows how scientists and treatment professionals have finally given us an answer to the perennial question about addiction: Why can't those people just say no?
An Anatomy of Addiction: Sigmund Freud, William Halsted, and the Miracle Drug, Cocaine
Howard Markel
336 pages
Publisher: Vintage (2012)
Acclaimed medical historian Howard Markel traces the careers of two brilliant young doctors--Sigmund Freud, neurologist, and William Halsted, surgeon--showing how their powerful addictions to cocaine shaped their enormous contributions to psychology and medicine. When Freud and Halsted began their experiments with cocaine in the 1880s, neither they, nor their colleagues, had any idea of the drug's potential to dominate and endanger their lives. An Anatomy of Addiction tells the tragic and heroic story of each man, accidentally struck down in his prime by an insidious malady: tragic because of the time, relationships, and health cocaine forced each to squander; heroic in the intense battle each man waged to overcome his affliction.
How to Change Your Drinking: a Harm Reduction Guide to Alcohol
Kenneth Anderson
86 pages
Publisher: CreateSpace (2010)
This book is the first comprehensive compilation of harm reduction strategies aimed specifically at people who drink alcohol. Whether your goal is safer drinking, reduced drinking, or quitting alcohol altogether, this is the book for you. It contains a large and detailed selection of harm reduction tools and strategies which you can choose from to build your own individualized alcohol harm reduction program. There are many practical exercises to help people change their behaviors, including risk-ranking worksheets, drinking charts, goal choice worksheets, and many more. There are also innumerable practical tips from folks who "have been there" and have turned their drinking habits around for the better.
Rethinking Substance Abuse: What the Science Shows, and What We Should Do about It
William R. Miller and Kathleen M. Carroll
320 pages
Publisher: Guilford Press (2010)
While knowledge on substance abuse and addictions is expanding rapidly, clinical practice still lags behind. This state-of-the-art book brings together leading experts to describe what treatment and prevention would look like if it were based on the best science available. The volume incorporates developmental, neurobiological, genetic, behavioral, and social–environmental perspectives. Tightly edited chapters summarize current thinking on the nature and causes of alcohol and other drug problems; discuss what works at the individual, family, and societal levels; and offer robust principles for developing more effective treatments and services.
Writers On The Edge: 22 Writers Speak About Addiction and Dependency
Diana Raab and James Brown204 pages
Publisher: Modern History Press (2012)
Writers On The Edge offers a range of essays, memoirs and poetry written by major contemporary authors who bring fresh insight into the dark world of addiction, from drugs and alcohol, to sex, gambling and food. Editors Diana M. Raab and James Brown have assembled an array of talented and courageous writers who share their stories with heartbreaking honesty as they share their obsessions as well as the awe-inspiring power of hope and redemption. Frederick & Steven Barthelme, Kera Bolonik, Margaret Bullitt-Jonas, Maud Casey, Anna David, Denise Duhamel, B.H. Fairchild, Ruth Fowler, David Huddle Perie Longo, Gregory Orr, Victoria Patterson, Molly Peacock, Scott Russell Sanders, Stephen Jay Schwartz, Linda Gray Sexton, Sue William Silverman, Chase Twichell, and Rachel Yoder
WHEN YOUR HIGHER POWER FAILS YOU
It happens every time. Without fail. Without exception. I bet it's happened to you also. Just think about it. How often has your god failed you? Every single time. Every single time I have turned a human being into a god, or turned something man-made into an idol, or placed my trust, expectation, hope, and confidence in anything else but the one true God, my god has failed me. Some people are slow learners. I am one of them. I have made the same mistake countless times. And every single time, that's right, you've got it. It happens every time. Maybe I should be more careful when I place my trust, expectation, hope, and confidence in a human being. Maybe I should be more choosy with the human I choose. Not so. No matter the human, the same outcome will arise. My god will fail me. I did it again recently. I made the same mistake. But my mistake wasn't the human I chose. My mistake was the choice I made to pick a human. And guess what happened? You guessed it. My god failed me. But how can this happen, time and again? Easily. First, it happens when I fail to remember when I need not to forget. Never, ever, place what belongs to God in heaven in the hands of a human. My love and trust, my loyalty and faithfulness, my belief and confidence, my hope and expectation, must be placed in the Lord first and foremost, above all and everyone else - whether it be someone or something else, or whether it be myself. Second, it happens not because I forget, but because I don't realize and recognize what I have done. Hard habits sometimes die slowly, don't they? And slow habits die hard. It has been a hard lesson for me, and I have to be vigilant to ensure I don't unconsciously do what I have so often done. So what is the outcome of this all? My gods fail me. Every human I have ever made into a god, every person or thing I have ever turned into an idol, the result has always been the same. My false gods have failed me, hurt me, let me down, forsaken me, abandoned me, rejected me, broken me, fallen short, messed up, and a zillion other things. Seriously? Yes. Will the real God please stand up?
Tuesday, 21 August 2012
Researchers completing a new study on alcohol consumption have discovered that college-age students who binge drink are happier than those who don't.
Those who engaged in binge drinking tend to belong to so-called high-status groups: wealthy, white, male and active in fraternity life. And those who did not belong to the high-status groups could achieve similar levels of social acceptance through the act of binge drinking. In fact, the study results suggest that students engaged in the heavy drinking practice to elevate their social status amongst peers rather than to alleviate depression or anxiety.
"The present study offers another insight into the nature of a seemingly intractable social problem," the study released on Monday reads. "It is our hope that by drawing attention to the important social motivations underlying binge drinking, institutional administrators and public health professionals will be able to design and implement programs for students that take into account the full range of reasons that students binge drink."
The Washington Post reports that the study's co-author and Colgate University associate professor Carolyn Hsu presented some of the findings during the American Sociological Association gathering in Denver last week.
Interestingly, the study results compiled from surveying 1,600 college students also continues to support past evidence suggesting that binge drinking leads to a number of problems affecting the mind and body, including alcoholism, violence, poor grades and risky sexual behavior.
"I would guess it has to do with feeling like you belong and whether or not you're doing what a 'real' college student does," Hsu told LiveScience. "It seems to be more about certain groups getting to define what that looks like."
Binge drinking was defined as consuming more than four drinks in one occasion for women and more than five drinks for men. Sixty-four percent of respondents said they had engaged in the practice, compared with 36 percent who said they had not.
Those statistics differ from similar evidence gathered by the Centers for Disease Control and Prevention (CDC). The CDC's statistics measure binge drinking in the same quantity but limit the consumption period to two hours or fewer. Its results also found that the majority of binge drinkers (70 percent) were over the age of 26. The CDC has also found that 90 percent of alcohol consumed by people under the age of 21 is done in the form of binge drinking, compared with 75 percent among all U.S. adults.
Sunday, 19 August 2012
The Five Keys to Mindful Communication
The first key of mindful communication, according to Chapman (2012), is having amindful presence. This means having an open mind, awake body and a tender heart. When you have a mindful presence, you give up expectations, stories about yourself and others, and acting on emotions.
You are fully in the present moment; your communication isn’t focused on the “me” and what the “me” needs, but the we.
Mindful listening is the second key to mindful communication. Mindful listening is about encouraging the other person. This means looking through the masks and pretense and seeing the value in the person and the strengths he or she possesses. It’s looking past the human frailties and flaws that we all have to see the authentic person and the truth in what that person is attempting to say.
Mindful speech, the third key, is about gentleness. Speaking gently means being effective in what you say. It’s about speaking in a way that you can be hard. To be gentle with our speech means being aware of when our own insecurities and fears are aroused to the point we are acting out of fear rather than acceptance.
Practicing self-compassion for our fear, envy, jealousy and self-doubts is more effective than focusing on others as being a threat or attempting to change them. When you use gentle speech, you are communicating acceptance to the other person and saying what is true, not an interpretation or an exaggeration or a minimization.
The key to mindful relationships is unconditional friendliness. Unconditional friendliness means accepting the ebb and flow of relationships. Sometimes you meet new friends, sometimes friends move on, sometimes there is joy and sometimes there is pain. Sometimes you’ll feel lonely, sometimes you’ll feel cherished and connected, and then you’ll feel lonely again.
Unconditional friendliness means that your acceptance of others is not dependent on them staying with you or agreeing with you. You don’t cling to relationships to avoid loss.
Mindful responsiveness is like playfulness. Playfulness is the openness that you can have when you let go of preconceived ideas and strategies. It’s like creating something new. Imagine two skilled dancers who alternatively lead each other in creating a new dance in every interaction, never doing the same complete dance over and over. They respond in the moment to the message sent by the other. There are no rules or expectations and yet they both bring skillful behavior.
Mindful communication requires practice. If you choose to practice the keys, you might choose to focus on one at a time. Being willing to regulate your emotions is a prerequisite to mindful communication and mindfulness of your emotions is necessary for emotion regulation.
Mindfulness is a core skill for the emotionally sensitive.
References
Chapman, Susan Gillis. The Five Keys to Mindful Communication: Using Deep Listening and Mindful Speech to Strengthen Relationships, Heal Conflicts and Acceomplish Your Goals. Boston: Shambhala, 2012.
Friday, 17 August 2012
ADDICTION charity Focus12 has received a huge financial boost after a codumentary about Russell Brand was shown last night.
The documentary Russell Brand: Addiction to Recovery resulted in an immediate boost in donations and inspired the managing director of Bury St Edmunds based Chevington Finance and Leasing to offer the charity £106,000 over three years.
Russell Brand attended Focus12, the Bury St Edmunds abstinence-based alcohol and drug rehabilitation centre, in 2003 and is now a patron of the charity, describing it as ‘a really excellent example of a small cost effective rehab that can help people change in dramatic ways’.
Chip Somers, Focus12’s chief executive, said: “Russell’s documentary and his work this year to raise the profile of abstinence based recovery has got people talking about addiction in a different way, and made them realise that there is a viable alternative to simply giving up on addicts, or parking them on methadone.
“We are blown away by the generosity of Chevington — this financial support will make a huge difference to us as a charity and will certainly mean we can continue to stay open and help those who need us for longer. Raising funds for a recovery charity has never been harder than it is at present, every day is literally a struggle to keep afloat and we are very grateful.”
Clive Morris, Managing Director of Chevington Finance and Leasing said: “My wife and I were incredibly touched by last night’s documentary, which inspired us to endorse the local treatment centre Focus12, and we have today agreed funding assistance for the charity of £106,000 over the next 4 years.
“We believe that as a successful, responsible and reliable company we have a duty to help local charities survive this recession and the work that Chip Somers and his team do is fantastic and we fully endorse their abstinence based programme and have seen what a difference it makes to people’s lives.”
Tuesday, 14 August 2012
London's secret music venue and their livestream act
With an invite-only door policy and super secret location, Boiler Room is London's most exclusive music venue. But elitism isn't the premise for its clandestine nature—in fact, anyone with an Internet connection can easily join in the fun. Using a simple webcam, the crew behind Boiler Room livestreams each set for the world to see free of charge, and each month more than a million viewers tune in to see performances by artists like James Blake, The xx, Roots Manuva, Neon Indian, Juan Maclean and more.
We recently chilled out to the smooth sounds of Brooklyn's How To Dress Well before rocking out to revered musician Matthew Dear, who brought down the house with an intense 40-minute DJ set. Keep an eye out for our interview with Dear, but for now you can get a little more insight into the underground music scene's most talked about livestream show by checking out our interview with assistant musical programmer and Boiler Room host Nic Tasker.
How important is it for Boiler Room to remain secret, at least in its location?
That is quite an important aspect of it, purely because it means when you do shows you don't get a lot of groupies, pretty much everyone in the room is either a friend of ours or one of the artist's. It helps to create a more relaxed atmosphere for the artist and I think they feel less pressure. They're also just able to chill out and be themselves more rather than having people being like, "Hi can I get your autograph?" If the artists are relaxed usually you get the best music.
It seems like there is more interaction among the crowd than at a typical venue, is that intentional?
It's definitely a social place. All the people that come down, most of them we know and they're all our friends. So they come down, hang, have a drink and just chill out, basically. From our very set-up, we do it with a webcam, we're not a highly professional organization but I think that's kind of the charm of it. The main thing is people come down with the right attitude.
How much of the show is prescribed?
I guess that depends on the artist. We never say anything. Literally, whatever they want to do—we're kind of the platform for them to do whatever they want, so if Matthew Dear wants to come and play an hour of noise with no beats, he can do that. That's fine with us, and I think that's why artists like coming to play for us. We're not like a club where you have to make people dance, we don't give a shit if people dance. It's nice if they do and it makes it more fun, but some nights you just get people appreciating the music, which is equally fun.
Is there a particular kind of artist you guys look for and ask to come perform?
No, not particularly, it's just whatever we're feeling. Thristian [Boiler Room's co-founder] has the main say on musical direction, but it's a massive team effort. In London there's five of us, New York there's two, LA there's one and Berlin there's two.
Tonight you had different set-ups for each artist, do you tailor their positioning in the room to their style?
It definitely depends on the act and what kind of music they do. With live bands we found what works nicely is having them opposite each other because it's like they're in rehearsal, like they're just jamming. Which is again trying to give them that chilled out feel that they're just at home jamming and there happens to be a camera there. For some of our shows we've had over 100,000 viewers. When you think of those numbers it's quite scary, but when you're in the room and it's all friends it creates that vibe that people don't mind. You can imagine if you had all those people in front of you it would be a very different situation.
Have you ever thought of Boiler Room as an East London version of Soul Train?
It's never crossed my mind like that, but I can see why you think that. I like to think of us as the new music broadcaster, kind of the new MTV, but obviously we operate in the underground scene mainly. But I like to think that what we do is as revolutionary as what they were doing. We're always growing into something new.
What's up next for Boiler Room?
We have had visual people in doing 3D mapping, and that's something we're looking forward to progressing—doing more with the visuals. We've got the upstairs as well, we're starting to do breakfast shows with some high profile DJs, we're going to be doing that regularly. Each will have an individual format. The next step is progressing the US shows, we're alternating weekly between New York and LA, so the next step is to take Boiler Room to America
Monday, 13 August 2012
Breaking Free of the Co-dependency Trap presents a groundbreaking developmental road map to guide readers away from their co-dependent behaviors and toward a life of wholeness and fulfillment.
Breaking Free of the Co-dependency Trap presents a groundbreaking developmental road map to guide readers away from their co-dependent behaviors and toward a life of wholeness and fulfillment.UK Citizens
This is the book that offers a different perspective on codependency and is strongly recommended by Dream Warrior Recovery as part of a solution based recovery. This bestselling book, now in a revised edition, radically challenges the prevailing medical definition of co-dependency as a permanent, progressive, and incurable addiction. Rather, the authors identify it as the result of developmental traumas that interfered with the infant-parent bonding relationship during the first year of life.US Citizens
Drawing on decades of clinical experience, Barry and Janae Weinhold correlate the developmental causes of co-dependency with relationship problems later in life, such as establishing and maintaining boundaries, clinging and dependent behaviors, people pleasing, and difficulty achieving success in the world. Then they focus on healing co-dependency, providing compelling case histories and practical activities to help readers heal early trauma and transform themselves and their primary relationships.
Sunday, 12 August 2012
Vintage Ads Most Disturbing Household Products
Maybe. But it's really hard to see how even our parents and grandparents didn't get nightmares from ...
#13. Three-Legged Dingo Boots
The Message:
Here are some boots that you should buy, because famous people wear them. Three of them.
The Horror:
Wait, what?
Yes, amazingly, the fact that this ad stars a pre-murder O.J. Simpson is the second-creepiest thing about it. And you can squint and try to read the text all you want -- it makes no reference whatsoever to the fact that their spokesperson has three legs. There's no cute slogan like "Boots so comfortable, you'll wish you had another foot!" Nope. It's like some guy in the art department just said, "Eh, I don't like how you can't really see the chair, let's just add another leg to fill that space."
We know what you're thinking: "Cracked, this is obviously a subtle 'big dick' joke. 'Third leg?' Get it?" But, no, it turns out this was a whole campaign they did with various celebrities, some of whom are women:
eBay
Like, uh ... this famous lady right here.
But O.J. seems to be the most frequent star of the "Third Leg" campaign, which apparently lasted for years. Note how his afro shrinks as he gets more comfortable with his new appendage:
The picture in that third ad would have been perfect for the cover of his book.
Please don't blame us for the inevitable nightmare in which O.J. is running after you, in the dark, those three boots pounding down the pavement after you with a noise like a wounded horse.
#12. Lord West Suits Will Impress Your 7-Year-Old Date
vintageadbrowser.com
"I like my women like I like my code names: 007."
The Message:
Women of all ages dig men in tuxedos!
The Horror:
According to the text, this dinner suit is for "sophisticated traditionalists," a euphemism we weren't previously aware of for "child molesters." Because there's no other way to interpret this picture. That's not tenderness on their faces. That's hunger. If you told us that they're a father and daughter, that would only make it creepier.
And it turns out that this is only the worst example in a whole series of ads associating little girls with selling tuxedos.
eBay
The style is best described as Godfather meets Lolita.
Can you imagine the pitch meeting that led to this campaign? Picture Don Draper from Mad Men standing before his clients, selling them on this idea:
"Class. Elegance. Making out with little girls. These are the values your company represents."
"Did ... did you say 'making out with little girls,' Don?"
"Yes," replied Don with perfect confidence.
"OK, just making sure."
Sitting at the end of the table, Peggy looks at Don and smiles. He did it again.
#11. Man in Tuxedo Carefully Considers Naked Child
library.duke.edu
"Told you it was bigger. Now pay up."
The Message:
Regular soap sinks in the bathtub, causing children to take longer in washing themselves and their fathers to get angry and spank them. Prevent child abuse by buying Ivory Soap -- it floats.
The Horror:
OK, they're clearly just fucking with us at this point. Remove the text and the message becomes clear: "In the old days, child predators used to dress way better than they do now." But let's put the pedophilia overtones aside for the moment and examine the text.
Was the elaborate scenario described under the picture (involving childhoods ruined by non-floating soap) really such a common problem in the '20s, or was this based on the painful personal experiences of whoever commissioned this ad? We're betting on the latter option. Note that the father's body language doesn't say "I'm going to spank you" -- he's clearly pondering which part of the kid's body to break first.
"Maybe the 28th trimester isn't too late for an abortion."
#10. "Are You Sure I'll Still Be a Virgin?"
thesocietypages.org
"If you didn't think band camp counted, I don't see why you'd think this would."
The Message:
Don't worry, teens, you can use Tampax tampons without losing your virginity.
The Horror:
Be honest: How many of you looked at this picture and immediately recognized it as a Tampax ad? And how many looked at it and thought it depicted a teenage girl being sexually propositioned? It's not just us, is it?
This ad would have looked 90 percent less sordid if both people involved were clearly visible. Instead, the second teenager is for some reason sitting on the floor of the porch with her back to us, so we can't see how young, or scared, she is. But, of course, all of that is purely from our own depraved imagination. The real ad is simply about two teenagers debating whether or not inserting a tampon counts as sex.
#9. Escaped Convicts Love Revell Authentic Model Kits
vintageadbrowser.com
"Is this the new plan, boss?"
"I've spent all day plotting against Superman; this is 'Lex Time'."
The Message:
Hey kids! Check out these sweet model kits!
The Horror:
There's only one possible scenario in which this picture could have come to exist: The photographers were getting ready to shoot this ad when they realized that the boy who was supposed to be holding up the models in the picture never showed up for work. Panicking, the man from the ad agency looked around the studio.
"Dmitri, can you come here for a second?" he said to the guy who fixes the lighting. "Stand here and hold this model. Yes, that's great. You'll play the boy in this ad."
"But sir," said the photographer, "Dmitri was just released from jail. In fact, he's still wearing the prison jumpsuit."
"No, no, he's perfect. Look at him. Look at that childlike innocence in his face."
"Could you open the top button maybe, show a little chest hair?"
"Perfect."
#8. Our Competitors = Surgical Ass Torture
vintageadbrowser.com
"Don't worry, sir, the gloves are just to establish atmosphere."
The Message:
Using cheap toilet paper can lead to medical complications.
The Horror:
... which in turn can lead to rubber-gloved hands inserting clamps in your anus. Better play it safe and go with Scott Tissues.
This attempt to traumatize customers into buying their product with threats of anal torture was part of a whole marketing campaign created during the Great Depression in which Scott Tissues' slogan went from "Wipe your butt with us" to "Wipe your butt with us, or die in a world of asshole pain."
Of course, it was all bullshit: There's no such thing as "toilet tissue illness," it was just a thing they made up to convince people to keep buying tissues at a time when they were lucky enough if they had a toilet.
#7. "Before You Scold Me, Mom ... Maybe You'd Better Light Up a Marlboro"
The Message:
Before you beat your baby for stealing your favorite hat, have a cigarette and relax yourself. Then beat the baby.
The Horror:
How many times did this months-old child have to be punched before it learned to pick up the Marlboros and offer them to mommy to calm her down? If that's not the saddest thing you've imagined all week, you're dead inside. This is actually one in a series of ads from the '50s, back when Marlboro was targeting mommies instead of rugged cowboys. Sometimes the babies actually seem to be guilting their moms into smoking more.
tobacco.stanford.edu
"You turned me into an addict when I was a fetus, now deal with it."
Oddly enough, the version of this ad aimed at fathers doesn't involve scolding, but a pompous baby in a basket defending daddy's rather feminine cigarette tastes (note the reference to "beauty tips" at the bottom).
tobacco.stanford.edu
This is the kind of debate babies have all the time.
Tuesday, 7 August 2012
Jessica Harper admits £2.4m Lloyds Bank fraud
A former Lloyds Bank worker in charge of online security has admitted carrying out a fraud worth more than £2.4m. Jessica Harper, 50, had been accused of submitting false invoices to claim payments between 2007 and 2011. At the time she was working as head of fraud and security for digital banking and made false claims totalling £2,463,750. Harper, of South Croydon, south London, will be sentenced on 21 September. At Southwark Crown Court, Harper admitted a single charge of fraud by abuse of position by submitting false invoices to claim payments. 'A very simple fraud' She also admitted a single charge of transferring criminal property, the money, which she had defrauded from her employers. Harper was arrested on 21 December before being charged in May. Continue reading the main story “ Start Quote Jessica Harper has today been convicted of the type of crime the bank employed her to combat” Sue Patten Crown Prosecution Service Antony Swift, prosecuting, did not open the facts of the case but said it was a "a very simple fraud". He added Harper had already repaid £300,000 and was in the process of selling her house for about £700,000. "That will be some £1m out of £2.5m that's gone missing," he told the judge. Carol Hawley, defending, said: "She appreciates the seriousness and has made full admissions in interview. "She understands perfectly well on the next occasion she will be facing imprisonment of some length." Breach of trust Judge Nicholas Loraine-Smith granted Harper bail on the condition she stays at her current address, obeys a 21:00 to 07:00 curfew and hands in her passport. Sue Patten, head of the Crown Prosecution Service, Central Fraud Division, said: "Jessica Harper has today been convicted of the type of crime the bank employed her to combat. "The evidence in the case was clear and left Harper with little choice but to plead guilty. "In doing so, she has admitted to a huge breach of trust against her former employer." Lloyds is now 39.7% state-owned after being bailed out by the government during the financial crisis.
Shares in Standard Chartered dive after Iran allegations
Shares in Standard Chartered PLC dropped sharply today as investors reacted to US charges that the bank was involved in laundering money for Iran. The charges against Standard Chartered were a shock for a bank which proudly described itself recently as “boring.” Shares were down nearly 20 percent at 1,187 pence at one point in early trading Tuesday on the London Stock Exchange. In Hong Kong, they were down 16.6 percent near the end of the session. New York State Department of Financial Services alleged on Monday that Standard Chartered schemed with the Iranian government to launder $250 billion from 2001 to 2007, leaving the United States' financial system “vulnerable to terrorists.” Standard Chartered said it “strongly rejects” the allegations. In a statement, the bank said “well over 99.9 percent” of the questioned transactions with Iran complied with all regulations, and the exceptions amounted to $14 million. The New York regulator ordered Standard Chartered representatives to appear in New York City on Aug. 15 “to explain these apparent violations of law” and to demonstrate why its license to operate in the State of New York “should not be revoked.” Gary Greenwood, analyst at Shore Capital in London, said the possible revocation of the New York license was of far greater concern than any potential fine, which could run into hundreds of millions of dollars. Standard Chartered's US operation facilitates trade for customers that have operations in both the United States and emerging markets. “Indeed, this is an area of the business that has been highlighted by management for growth,” Greenwood said. “A loss of its US banking license would not only jeopardize part of this profit stream, but the associated reputational damage could also have a severely damaging impact to its operations within emerging markets.” The New York agency alleged that Standard Chartered conspired with Iranian clients to route nearly 60,000 different US dollar payments through Standard Chartered's New York branch “after first stripping information from wire transfer messages used to identify sanctioned countries, individuals and entities.” The New York regulators called the bank a rogue institution and quoted one of its executives as saying: “You (expletive) Americans. Who are you to tell us, the rest of the world, that we're not going to deal with Iranians.” The order also identifies an October 2006 “panicked message” from a London group executive director who worried the transactions could lead to “very serious or even catastrophic reputational damage to the group.” If proven, the scheme would violate state money-laundering laws. The order also accuses the bank of falsifying business records, obstructing governmental administration, failing to report misconduct to the state quickly, evading federal sanctions and other illegal acts. Between 2004 and 2007, about half the period covered by the order, the department claims Standard Chartered hid from and lied about its Iranian transactions to the Federal Reserve Bank of New York. Before 2008, banks were allowed to transact some business with Iran, but only with full reporting and disclosure, the order states. In 2008, the US Treasury Department stopped those transactions because it suspected they helped pay for Iran to develop nuclear weapons and finance terrorist groups including Hamas and Hezbollah. The order states the bank has to provide information and answer questions to determine if any of the funding aided the groups or Iran's nuclear program. Last week, Standard Chartered' chief executive, Peter Sands, boasted that the bank has racked up a 10-year string of record first-half profits “amidst all the turbulence in the global economy and the apparently never-ending turmoil in the world of banking.” “It may seem boring in contrast to what is going on elsewhere, but we see some virtue in being boring,” Sands added.
Thursday, 26 July 2012
Paper Passion, a scent from Geza Schoen for Wallpaper magazine, makes its wearers smell like freshly printed books
Paper Passion, a scent from Geza Schoen for Wallpaper* magazine, makes its wearers smell like freshly printed books. I suppose it can be alternated with "In the Library," a perfume that smells like old books.
Paper Passion fragrance by Geza Schoen, Gerhard Steidl, and Wallpaper* magazine, with packaging by Karl Lagerfeld and Steidl.
“The smell of a freshly printed book is the best smell in the world.” Karl Lagerfeld.
It comes packaged with inside a hollow carved out of a book with "texts" by "Karl Lagerfeld, Günter Grass, Geza Schoen and Tony Chambers."
Monday, 23 July 2012
It will cost two million € to connect the electricity, and nobody wants to pay.The empty Guadalhorce Hosptial in Cártama
The Guadalhorce Hospital has been completed in Cártama on the Costa del Sol, but it has been empty for several months with no opening date planned.
To continue installing the equipment in the hospital it has to be accepted as meeting requirement, and to show that hospital is as planned, but for that to take place it must be connected to the electricity supply.
The problem is that will cost two million €, although the originally quoted price was 300,000 €, to install the electrical connection required. Endesa say the problem is that to supply the hospital an electrical substation at Villafranca del Guadalhorce will have to be expanded.
Cártama Town Hall has said they cannot meet the extra cost, which has put the budget up five fold. Mayor Jorge Gallardo says he thinks the electricity company is ‘making the most of the circumstances’.
However the Junta say they think the 2 million bill should be met by the Town Hall. They say the electricity contract was undertaken by Cártama Town Hall.
The Guadalhorce Hospital has been built thanks to an agreement between the Málaga Diputación, the Junta de Andalucía and the Cártama Town Hall, to give the district its long-wanted hospital. Many foreigners live in the inland area and have complained about the time to get to a hospital in Málaga.
Spain wildfires: Three killed
Forest fires raging in Spain's north-eastern Catalonia region have left three people dead, officials say.
Two French nationals drowned in the sea close to the border with France while trying to escape the flames, Catalonia's interior minister said.
Strong winds gusting up to 90km/h (55mph) have rendered one fire "out of control", he said.
All residents of the county of Alt Emporda - about 135,000 people - have been ordered to stay indoors.
The area is a main link for holidaymakers travelling to and from southern France. Traffic on the cross-border AP-7 motorway was reported to have been severely disrupted on Sunday.
Cardiac arrest
The two French victims were among several people who were trapped by fire as they travelled along the N-260 main coastal road near the town of Portbou and tried to reach the sea by climbing down cliffs, according to Catalan Interior Minister Felip Puig.
The victims were a 60-year-old man and his 15-year-old daughter, Spanish media reported.
A 75-year-old man died after suffering a cardiac arrest in Llers, north-west of the area's main town, Figueres.
At least another 19 people have been wounded, including a French national who suffered burns on 80% of his body when he was caught in his car by the flames.
The fire near Portbou has been brought under control, according to media reports, while a much larger blaze further inland, around the border town of La Jonquera, was still spreading late on Sunday, Felip Puig said.
The fire, travelling at about 5-6km/h, came within 10km of Figueres, Mr Puig said.
A total of about 13,000 hectares (32,000 acres) of forest are estimated to have been devastated in the area, according to the authorities.
Spain Scraps Siesta as Stores Stay Open to Spur Spending
The Spanish shopping siesta may be about to become the latest victim of the sovereign debt crisis. To stimulate spending after a 23 percent drop in retail sales since 2007, the euro region’s fourth-largest economy this month approved measures that allow shops of more than 300 square meters (3,229 square feet) to open for 25 percent longer a week. The new rules may encourage the outlets to sell during the traditional afternoon snooze from 2 p.m. to 4 p.m., and on an additional two Sundays or holidays a year for a total of 10. “When everything was fine, nobody complained, but now that things have gone awry, then it’s another story,” said Carmen Cardeno, director general for domestic commerce at the nation’s economy ministry, which created the rules. “We need to evolve and be more flexible.” Spain is following its European neighbors in trying to liberalize shopping hours that have traditionally been checked by governments in the region to protect religious observances, for rest and on behalf of smaller retailers that have fewer resources to staff shops around the clock. England has allowed retailers to open for longer on Sundays during the Olympics than the six hours usually allowed. In France, food shops can be open 13 hours a day and stores located in tourist areas have the right to open on Sundays. Spanish shops are allowed to open for less time than anywhere else in Europe, according to its government, which was asked by retail associations to allow large stores to open 16 Sundays or holidays a year. Some smaller merchants opposed the extension, arguing that the bigger stores would have the necessary manpower and they wouldn’t. The new measures allow stores 18 additional business hours a week and will permit merchants to decide when to cut prices in sales instead of only twice a year. Siesta Time The country’s regions will get to decide how to implement the rules, though they usually follow the lead of the central government. In Madrid, which is an exception, stores have been able to open for as long as they want since July 15. Outlets of less than 300 square meters also have no restrictions on opening hours, though the Spanish tradition of eating at home and having a siesta means most shopkeepers keep their businesses closed for about two hours in the middle of the day. The new measures may not be enough to offset shrinking demand in Spain’s 217 billion-euro ($264 billion) retail industry, which is worsening each year the crisis goes on in a nation where one in four people is out of work. The number of companies seeking bankruptcy protection rose 22 percent from a year earlier to 2,224 in the first quarter, according to the nation’s statistics institute, with commerce being the third- largest contributor behind construction and housing firms and industrial and energy companies. ‘Almost Insignificant’ Javier Millan-Astray, director general of retail association ANGED, said the approved loosening of restrictions on opening hours doesn’t go far enough. “The government’s reform is almost insignificant,” Millan-Astray told reporters in Madrid, when retail groups pushed for 16 Sunday openings. The associations’ “new proposal would help boost consumption and create more jobs because when we open on a holiday, people come and shop. It’s unbelievable that amid this crisis, we have to keep our stores closed.” Spain has been wrestling with the dilemma of preserving its culture and modernizing the industry for decades. The socialist government of Jose Luis Rodriguez Zapatero in 2004 rolled back liberalization of opening hours instituted by his predecessor, bringing them back to rules from the 1990s and leaving the country with the tightest regulations of any European country. Job Creation Even with the latest proposals, “retail regulation is hurting both business and customers in Spain,” said Fernando Fernandez, a professor at the IE Business School in Madrid. “Both big and small retailers would benefit from fewer restrictions. When big retailers such as Ikea or Zara open a store, all small shops in that area benefit from that.” Ending the restrictions completely would create 337,581 jobs across all industries and add 17.2 billion euros to economic growth this year, according to a study commissioned by the government, which examined the implications of several scenarios. The nearest of those to the current proposals, under which stores open on 16 Sundays or holidays, could have added 47,945 full-time retail jobs, the study found. About 1.8 million people worked in retail in the first quarter, 0.3 percent less than in the year-earlier period. Stores are also bracing for change as the government looks to the retail industry to help boost tax revenue. Prime Minister Mariano Rajoy will increase the most common rate of sales tax to 21 percent from 18 percent on Sept. 1, putting an additional brake on consumers’ ability to spend. previous
Saturday, 21 July 2012
Spain king ousted as honorary president of World Wildlife Fund branch after elephant hunt
The World Wildlife Fund’s branch in Spain has ousted King Juan Carlos as its honorary president — a title he’d held since 1968 — after deciding his recent elephant hunting safari was incompatible with its goal of conserving endangered species. The announcement Saturday was the latest in a string of bad news for Spain’s royal family, which has been embarrassed by legal and other scandals. The fund said in a statement that “although such hunting is legal and regulated” it had “received many expressions of distress from its members and society in general.” It said members voted at a meeting Saturday in Madrid to “to get rid of the honorary President” by a substantial majority of 226 votes to 13. The Royal Palace declined immediate comment on the announcement. Many Spaniards were dumbfounded when news broke in April that the king had made a secret journey to hunt elephants in Botswana even though it was widely known he was president of the Spanish branch of the fund. Such an opulent indulgence also angered Spaniards at a time when national unemployment hovers around 25 percent, the economy is contracting and there are fears the country may need an international financial bailout. The Spanish public learned of the safari only after the king had to fly back in a private jet to receive emergency medical attention for a broken hip suffered during the trip. In an unprecedented act of royal contrition, a sheepish Juan Carlos apologized, saying as he left the hospital: “I am very sorry. I made a mistake. It won’t happen again.” It was a poignant moment because the royal family had been under intense media scrutiny for all the wrong reasons. The king’s son-in-law, Inaki Urdangarin, is a suspect in a corruption case, accused of having used his position to embezzle several million euros in public contracts through a supposedly not-for-profit foundation he’d set up. Over Easter, the king’s 13-year-old grandson, Felipe Juan Froilan, shot himself in the foot with a shotgun, even though Spanish law dictates you must be 14 to handle a gun. The king on Tuesday decided to take a pay cut in solidarity with civil servants who are to lose their traditional Christmas bonuses as part of the government’s most recent austerity drive. The salaries of Juan Carlos and Crown Prince Felipe will be reduced about 7 percent — to about 272,000 euros ($334,000) and 131,000 euros ($160,000) respectively — in line with government policy, the Royal Palace said. The king and prince acted voluntarily in cutting their salaries, the palace said.
Friday, 20 July 2012
Invasion of the pickpockets
Britain is in the grip of a pickpocketing epidemic as Eastern European gangs descend on London ahead of the Olympic Games.
A surge in sneak street thefts means more than 1,700 people fall victim every day – an increase of nearly a fifth in only two years, according to official crime figures released yesterday.
At the same time, police warned that professional gangs from Romania, Lithuania and even South America who operate in capitals across Europe are heading to Britain, intent on cashing in on unwitting tourists at London 2012.
How they do it: A member of the pickpocket gang approaches a BBC reporter investigating the rise in thefts ahead of the Olympics
Keeping him occupied: The man speaks to the victim on the pretense of needing directions while another gang member approaches from behind
A BBC investigation exposed the tactics used by Romanian thieves, who were previously operating in Barcelona, to dupe their victims.
The criminals boasted of their ‘one-second’ theft techniques which leave targets unaware that anything has happened until it is too late. They can make £4,000 a week taking wallets, smartphones and laptop bags. The goods are then shipped back to Romania and sold on the black market.
The Met has even drafted in a team of Romanian police officers to deal with the problem and patrol in the West End of London and Westminster during the Games. They will not have arrest powers.
Distracted: An accomplice (left) then plays drunk so he can get close enough to the target to strike
Sleight of hand: The 'drunk' man jostles around with the BBC reporter, making it harder for him to notice what is going on
Rich pickings: The sneering thief walks away with the wallet from the unsuspecting victim
Teamwork: The thief quickly hands the wallet to another member of the gang, who spirits it away
Mayor of London Boris Johnson said: ‘These Romanian officers will prove to be a huge asset in cracking down on certain criminal networks who are targeting tourists in central London.’
Official statistics released yesterday showed pickpocketing thefts rose 17 per cent in the past two years.
In 2011/12, a total of 625,000 people fell victim, the Crime Survey of England and Wales showed.
That is an increase of more than 102,000 since 2009/10.
The vast majority of the total are classified as ‘stealth thefts’, but in 83,000 cases the victims’ possessions were ‘snatched’.
Wednesday, 18 July 2012
HANGING OUT WITH FRIENDS TODAY
Grabbing a cup of coffee
I am thankful I belong to another generation !!!! “It’s become appallingly clear that our Technology has surpassed our Humanity” -- Albert Einstein |
Monday, 16 July 2012
International Monetary Fund has downgraded its forecast for UK growth
The International Monetary Fund has downgraded its forecast for UK growth this year by more than any other developed nation and warned that the world economy is weakening.
The Washington-based organisation predicted on Monday that growth in the UK will all but evaporate in 2012 with a rise in GDP of just 0.2%, compared with a previous forecast of 0.8%.
Next year the much vaunted recovery will falter as the eurozone continues to argue over a longer term solution to its debt problems.
The IMF said in its latest World Economic Outlook that GDP across the UK – which is currently in recession – will increase by 1.4% in 2013 – a 0.6 percentage point cut from its previous 2% forecast. Only Spain has a bigger downgrade next year after the IMF said it will lose 0.7 percentage points and maintain its run of recessions for a third 12-month period.
Christine Lagarde, the former French finance minister who heads the IMF, has warned European leaders they must press ahead with further measures to deal with the euro crisis or growth forecasts could prove optimistic.
The IMF said in its latest report that without action to stimulate growth in emerging economies in Asia and South America, global growth could also suffer, while in the US the Obama administration needs to revitalise an economy that is hitting the buffers.
In a statement it said: "Clearly, downside risks continue to loom large, importantly reflecting risks of delayed or insufficient policy action.
"In Europe, the measures announced at the European Union (EU) leaders' summit in June are steps in the right direction. The very recent renewed deterioration of sovereign debt markets underscores that timely implementation of these measures, together with further progress on banking and fiscal union, must be a priority.
"In the United States, avoiding the fiscal cliff, promptly raising the debt ceiling, and developing a medium-term fiscal plan are of the essence. In emerging market economies, policymakers should be ready to cope with trade declines and the high volatility of capital flows."
Ed Balls MP, Labour's shadow chancellor, in response to the IMF's revised forecasts for the UK economy, said the forecasts were evidence the government's economic plan has failed.
"Last autumn the IMF forecast growth of just 1.6% this year and warned that if those expectations were undershot, the government should take urgent action to boost the economy including temporary tax cuts and more investment in infrastructure.
"Less than a year on, the IMF is now forecasting growth of just 0.2% this year and Britain is one of just two G20 countries in a double-dip recession. And the recession means borrowing is now going up. "
The Bank of England and the the Treasury's fiscal advisory body, the Office for Budget Responsibility, still forecast that the UK is likely to grow at 2% next year. Both organisations will be under pressure to follow the IMF's downgrade to 1.4%.
The significance of the downgrade is that low growth, while ending the recession, will prolong the longest depression in the last 100 years and will be insufficient to cut unemployment significantly.
Britian is still more than 4% below the level of GDP recorded in 2007 and about 12% below the trajectory set before the financial crisis. A Treasury spokesman said the IMF supported the government's view that the eurozone crisis was to blame for most of the UK's woes.
"Because the euro area is the UK's largest trading partner we are now feeling the effect across our economy. But as the chancellor said last week, we are not powerless to act in the face of the European debt storm: that's why the Treasury and the Bank of England are taking co-ordinated action to inject new confidence and support the flow of credit to where it is needed in the real economy."
Overall, the IMF moderated its projections for global growth to 3.5% in 2012 and 3.9% in 2013. Many other forecasters have argued the slowdown in the US and China will have a larger than expected drag on world trade and growth.
France fares little better than the UK this year with growth of 0.3%, but like most euro area countries is projected to suffer a shock next year with growth of just 0.8%. German GDP growth also declines from this year to next.
Italy and Spain will remain in recession next year, according to the IMF, placing a question mark over their ability to refinance their banks and generate sufficient goodwill from international lenders to prevent them from going bust. Fears that Spain and Italy will need a bailout from Brussels continue to weigh on global growth following the reluctance of Germany, Finland, Holland and Austria to sanction a fund capable of handling both countries.
Friday, 13 July 2012
Tattoos are permanent reminders of temporary feelings
Tattoos are permanent reminders of temporary feelings – at least if you believe the report in Thursday's Daily Mail, which looked at "embarrassing" matching couple tattoos – designs that complement or complete each other across two, romantically involved bodies.
Yet there are millions of people who feel no embarrassment about the tattoos they share with their friends, lovers and even exes. Moreover, as with most perceived "new trends" in tattooing, this practice is one with a history far older than the current generation; it's a phenomenon that provides both an insight into human beings' fundamental relationships with their own bodies and the bodies and lives of those close to them.
Tattoos have been used as markers of association for probably as long as human beings have walked the earth, to mark tribal affiliations, regimental membership in the military, membership of fraternal orders such as the masons or US college Greek letter groups, and to signify gang membership.
The most common of these types of affiliative tattoos, though, is marking an attachment to a loved one. There's an old adage in tattooed circles that suggests getting your lover's name tattooed on you is a sure kiss of death for that relationship, and it's an old gag too: Norman Rockwell's famous 1944 Saturday Evening Post cover painting, The Tattooist, shows a salty sailor in the tattooist's chair, having yet another name added to an arm already full of the crossed-out names of past paramours. Even earlier, a cartoon in Punch from 1916 shows a "fickle young thing" – a well-turned-out young woman, as it happens – revisiting her tattooist to seek an amendment to the ornamental crest tattoo on her arm as she has, euphemistically, "exchanged into another regiment".
None of this seems to have affected the long-standing popularity of having names or symbols tattooed to commemorate couples' love and bond. Magazines in the 1920s reported the latest fad for newlyweds was getting matching tattooed wedding rings; preserved tattooed skins in the Wellcome Collection from the late 19th century feature names and portraits of lovers; studies of tattoos in the American navy in the 18th century reveal a large percentage of seamen of the period bore tattoos of the names of women; even Christian pilgrims in the 16th century were recorded to have borne the names of their wives on their skins, as tokens or identificatory marks; and records attest to romantic tattooing even in ancient Rome – St Basil the Great (329-380) is said to have condemned the tattooing of a lover's name that he observed on someone's hand. While I'd certainly never advocate getting a permanent mark of your relationship too hastily, it does seem that the instinct to inscribe a permanent token transcends the ages. Caveat amator.
Single tattoos that span multiple bodies appear to be a more recent phenomenon, however. In 1977, New York-based tattoo artist Spider Webb undertook what was probably the first conceptual art project to use tattooing, in a piece called X-1000, in which he tattooed single, small Xs on to 999 individuals, and, as a culmination, one large X on the final, 1,000th skin, conceived as one contiguous work. This tattoo, potentially spanning thousands of miles at any one time, was, Webb said, "the largest tattoo ever done at any point in history". In 2000, as the culmination to a performance art project begun in 1998 designed to highlight the horrific lives and plights of the homeless and hungry in Mexico City, Santiago Sierra produced his piece 160cm Line Tattooed on Four People, a single black line tattooed across the backs of prostitutes in exchange for wraps of heroin, as a symbol of their desperation, interdependence, and utter powerlessness. Sierra would later remark: "You could make this tattooed line a kilometre long, using thousands and thousands of willing people." In 2003, author Shelley Jackson famously published her short story Skin on the bodies of 2095, one tattooed word per person. These tattoos bring together strangers in common cause.
My favourite set of matching tattoos, though, are probably the ongoing collection of work worn by twins Caleb and Jordan Kilby, tattooed with matching work by influential and extraordinarily talented New York-based artist Thomas Hooper. If you must get matching tattoos with someone, it's wisest to pick someone whom you cannot break up with or divorce, and to get the work carried out by a tattoo artist who will produce a piece of work that will stand the test of time on its own terms.
Latvian company creates leather bound Ferrari
We're familiar with seeing tight leather on smoking hot women, and weird old men, but it's a first for us seeing a leather bound Ferrari F430.
There seems to be a lot of fuss over this leather bound Ferrari F430 in the UK with both The Sun and The Daily Mail reporting about it recently.
However, this isn’t a new car by any means as US motoring blog Jalopnikreported on the F430 way back in August last year. It’s a pretty cool, albeit manky, car so we thought we’d show you anyway.
It’s the work of a Latvian custom car company called Dartz who hit the headlines in 2009 when they created a $1.5 million ruby red SUV with whale foreskin-covered seats. Yes, foreskin…
Anyway, some high roller with more cash then sense decided it would be a great idea to cover his €170,000 Ferrari in dark leather.
The owner of Dartz, Leonard Yankelovich, said: "One of our very rich customers from the Cote d'Azur wanted a leather exterior and knew we could deliver.
"It took three of my staff 16 working days to apply the leather and finish. He was more than happy when he picked it up."
He won’t be too happy when he scratches it though.
Is this the most expensive way to ruin a Ferrari?
Thursday, 12 July 2012
Mobile operator O2 hit by nationwide network failure that left users unable to make calls or text
The O2 mobile phone network crashed tonight leaving thousands of customers across the country cut off. Users were left stranded, unable to make or receive calls or send texts, as the firm - which has 23 million customers in the UK - said it did not know when the problem would be fixed. Some customers also had no internet access. O2, Britain's second-largest mobile phone operator, admitted it was unclear exactly how many people had been affected. It said ‘thousands’ may be experiencing problems. The problems began this afternoon for some mobile users, the network said. O2 are urging customers to check their Twitter and Facebook feeds for updates - but the company’s webpage which displays live information about network coverage crashed. A spokeswoman said the problem was not 'location-specific'. ‘The problem is an issue within part of our core network that is preventing some mobile phones from successfully connecting,' she said. ‘The problem is not location-specific. All possible resources across our and our suppliers’ engineering teams are being deployed to restore service as soon as possible.’ Thousands of angry customers took to Twitter to complain. BBC television presenter Huw Edwards (@huwbbc), tweeted: ‘6 hours of non-service and counting, simply not good enough, O2.’ One Twitter user, Kelly Jones (@kelly-92), tweeted: ‘Having a phone that hardly works usually is annoying, but this whole no signal on o2 all afternoon is beyond irritating.’
Friday, 6 July 2012
Bankers face the prospect of jail as Serious Fraud Office launches criminal probe into interest-rate fixing at Barclays
Hearing: Former chief executive Bob Diamond left Barclays over the matter, before appearing before MPs this week
A criminal investigation has been launched into alleged rigging of the Libor rate within the banking industry, the Serious Fraud Office (SFO) confirmed today.
SFO director David Green QC formally accepted the Libor issue for investigation after Barclays was fined by the Financial Services Authority (FSA) last week for manipulating the key interbank lending rate which affects mortgages and loans.
The claims ultimately led to the resignation of Barclays boss Bob Diamond and have become the focal point of a fierce political debate over ethics in the banking sector.
The investigation could ultimately lead to criminal prosecutions and bankers facing charges in court.
The SFO's update came after it revealed earlier this week that it had been working closely with the FSA during its investigation and would consider the potential for criminal prosecutions.
The Government department, which is responsible for investigating and prosecuting serious and complex fraud, said on Monday the issues surrounding Libor were "complex" and that assessing the evidence would take time.
Under fire: Barclays former chairman Marcus Agius (right) with former CEO Bob Diamond (centre), and former chief executive John Varley (left)
As the SFO prepares its investigation, Labour leader Ed Miliband continued to push for an independent inquiry into the banking scandal despite MPs rejecting the demands.
The Labour leader said that while the party would cooperate with a parliamentary investigation, its remit was too "narrow" and a judge-led probe was still needed.
Mr Miliband also defended the conduct of Ed Balls after the shadow chancellor engaged in a bitter war of words with his opposite number George Osborne in the Commons.
Diabetes drug makes brain cells grow
The widely used diabetes drug metformin comes with a rather unexpected and alluring side effect: it encourages the growth of new neurons in the brain. The study reported in the July 6th issue of Cell Stem Cell, a Cell Press publication, also finds that those neural effects of the drug also make mice smarter. See Also: Health & Medicine Brain Tumor Stem Cells Nervous System Mind & Brain Brain Injury Intelligence Neuroscience Strange Science Reference Neural development Stem cell treatments Diabetes mellitus type 2 Embryonic stem cell The discovery is an important step toward therapies that aim to repair the brain not by introducing new stem cells but rather by spurring those that are already present into action, says the study's lead author Freda Miller of the University of Toronto-affiliated Hospital for Sick Children. The fact that it's a drug that is so widely used and so safe makes the news all that much better. Earlier work by Miller's team highlighted a pathway known as aPKC-CBP for its essential role in telling neural stem cells where and when to differentiate into mature neurons. As it happened, others had found before them that the same pathway is important for the metabolic effects of the drug metformin, but in liver cells. "We put two and two together," Miller says. If metformin activates the CBP pathway in the liver, they thought, maybe it could also do that in neural stem cells of the brain to encourage brain repair. The new evidence lends support to that promising idea in both mouse brains and human cells. Mice taking metformin not only showed an increase in the birth of new neurons, but they were also better able to learn the location of a hidden platform in a standard maze test of spatial learning. While it remains to be seen whether the very popular diabetes drug might already be serving as a brain booster for those who are now taking it, there are already some early hints that it may have cognitive benefits for people with Alzheimer's disease. It had been thought those improvements were the result of better diabetes control, Miller says, but it now appears that metformin may improve Alzheimer's symptoms by enhancing brain repair. Miller says they now hope to test whether metformin might help repair the brains of those who have suffered brain injury due to trauma or radiation therapies for cancer.
Thursday, 5 July 2012
Spanish Tourism Industry Prepares for Difficult Summer
Spain's tourism industry is bracing itself for a painful slowdown in bookings this summer, driven by a steep decline in local tourism, according to the country's leading hotel association. Reservations by Spanish vacationers for the month of July are 30% lower than last year, amid persistently high unemployment and a protracted economic recession, said Juan Molas, president of the Spanish Confederation of Hotels and Tourist Accommodations. An influx of visitors from Russia and other countries in Eastern Europe has compensated somewhat for the decline in local tourism, but weak local demand is expected to weigh on an industry that accounts for about 11% of Spain's annual economic output. Hotel owners are concerned that the government may raise the industry's value-added tax to 18% from the current 8%, in a bid to reduce its yawning budget deficit, making Spain less attractive to foreign tourists compared with other less expensive destinations "If the VAT rises to 18%, it will be absolutely catastrophic for the sector," Mr. Molas said at an event Thursday in Madrid. Spain's government is working to secure €100 billion ($126 billion) in aid for its struggling banking sector from the European Union and plans to meet with EU officials next week to discuss new measures to improve its public finances. Prime Minister Mariano Rajoy has already implemented €45 billion in austerity measures, but weak tax revenue threatens to undermine his administration's goal of trimming its shortfall this year to 5.3% of gross domestic product from 8.9% last year. Sentiment in the hospitality industry is at its lowest level since 2009, according to an index developed by the hotel association and consulting firm PwC. Based on a survey of hotel firms, 57% of operators expect international tourism will hold steady this year, while 76% expect domestic tourism to decline. "The parts of the country that will suffer the most are those that cater to national tourists," Mr. Molas said.
Holidaymakers in Spain this summer are facing a surprise new airport tax imposed by the Spanish government
Holidaymakers in Spain this summer are facing a surprise new airport tax imposed by the Spanish government as it tries to balance its books. Some airlines are passing the new departure tax on to passengers, even if they booked their flights months ago. Some passengers have received emails telling them either to pay an extra charge of up to seven euros (£6) per person - or to cancel their flights. Other airlines are deciding whether to absorb the cost themselves. The budget airline Ryanair said Spain's 2012 budget, passed into law at the end of June, obliged airlines to pay increased taxes. Spain is implementing drastic measures to try to slash its budget deficit to 5.3% from 8.5% in 2011. It has been promised bailout funds of up to 100bn euros for its banks, but wants to avoid a full state bailout. Retrospective The European travel agents' association ECTAA said the amount of the extra levy varied depending on which airport people used. It said the average rise in the tax was 18.9%, but at some of the larger airports it would almost double. For instance, at Madrid-Barajas the tax would rise from 6.95 euros to 14.44, while at Barcelona's El Prat airport it would rise from 6.12 euros to 13.44. Ryanair said it would pass the cost on to passengers, even those who had already paid in full for their flights, because the tax applied "retrospectively to customers who booked flights before 2 July 2012 and are travelling from 1 July onwards". It said for bookings made on or after 2 July, the increased tax would have been included in the price. The Spanish low-cost airline Vueling is also passing on the cost. It sent emails to passengers giving them seven days to cancel their flight, or the extra payment would be debited automatically from the card they used to book. British Airways and Iberia told the BBC they had not yet decided whether to pass on the cost or absorb it. ECTAA said in a statement it was "dismayed" by the rise, which was imposed "without proper consultation of airport users nor appropriate implementation time". It said travel agents faced a "technical and financial nightmare to recover the extra charge".
Tuesday, 3 July 2012
Barclays boss Bob Diamond resigns
Barclays chief executive Bob Diamond has resigned with immediate effect. The move comes less than a week after the bank was fined a record amount for trying to manipulate inter-bank lending rates. Mr Diamond said he was stepping down because the external pressure on the bank risked "damaging the franchise". Chairman Marcus Agius, who said on Monday he was stepping down, will take over the running of Barclays until a replacement is found. "I am deeply disappointed that the impression created by the events announced last week about what Barclays and its people stand for could not be further from the truth," Mr Diamond said in a statement. He will still appear before MPs on the Treasury Committee to answer questions about the Libor affair on Wednesday. "I look forward to fulfilling my obligation to contribute to the Treasury Committee's enquiries related to the settlements that Barclays announced last week without my leadership in question," Mr Diamond said. Last week, regulators in the US and UK fined Barclays £290m ($450m) for attempting to rig Libor and Euribor, the interest rates at which banks lend to each other, which underpin trillions of pounds worth of financial transactions. Staff did this over a number of years, trying to raise them for profit and then, during the financial crisis, lowering them to hide the level to which Barclays was under financial stress. Prime Minister David Cameron has described the rigging of Libor rates as "a scandal". The Serious Fraud Office is also considering whether to bring criminal charges.
Monday, 26 March 2012
Russian shot in UK was due to give evidence
Russian banker shot five times close to London's financial district had been days away from giving evidence to an investigation into the attempted murder of a former business associate, his lawyer has said. German Gorbuntsov, who at the height of his business empire owned four Russian banks, was walking towards his apartment block near the Canary Wharf banking district when a gunman opened fire on Tuesday evening, leaving him badly injured. London police said on Saturday they were keeping an open mind about the motive of the attack. Gorbuntsov's lawyer, Vadim Vedenin, said the 45-year-old remained in a medically induced coma to give him a chance to recover, and that doctors were hoping to revive him in about three days. Vedenin said his client had been due to give evidence before the end of the month to an investigation by Russian prosecutors into the attempted murder of another Russian banker and former business associate of Gorbuntsov's, Alexander Antonov, in 2009. "He was preparing to give evidence on certain people. He has already given it in written form and he was going to do so in official testimony," Vedenin said by phone on Saturday, adding that Gorbuntsov had come to London because he feared for his life. The attack occurred outside the door of a block of high-end serviced apartments a short walk from the skyscrapers of Canary Wharf. A member of the building's staff, who declined to give his name, said he heard no shots, but ran outside when he heard frantic shouting. "He is a customer here. He was still alive. He spoke to us in Russian. I understood what he was saying," the member of staff, a Polish man, said. "He was swearing a lot." LONDON RUSSIANS London is home to thousands of Russian business people seeking capital, prestige and, in many cases, a haven from the rough and tumble of their home country's financial world. Alexander Antonov made his career in the nuclear industry, then became its banker as owner of Konversbank, a financial institution founded to serve the nuclear industry about two decades ago. Antonov said he and Gorbuntsov had disagreed over the terms of a bank sale just before the debt crisis of 2008, but that there had been no acrimony. "Our relationship is friendly, and it has always been friendly," he told Reuters. "I have a great personal interest in his testimony." The attempt on his life in 2009 was linked in Russia to the 2008 murder in Moscow of Ruslan Yamadayev, a powerful opponent of the Kremlin-backed Chechen leader Ramzan Kadyrov. The two incidents were tried as a single case and three men were convicted. But the person or persons who ordered the murders was never identified, and the case had lain dormant until this year. Diplomatic relations between Russia and Britain have been tested by a series of disputes involving Russian emigres. Russia has refused to extradite the man suspected of murdering former Russian spy Alexander Litvinenko by putting radioactive polonium in his tea in London. Meanwhile London courts have refused to extradite men wanted in Russia, including the Russian tycoon Boris Berezovsky, a former Kremlin insider turned fierce critic with criminal convictions in Russia. Berezovsky, who says the charges brought against him in Russia are politically motivated, said by telephone from London that he did not know Gorbuntsov personally, nor did he know of any Russian criminals hiding out in London. "One can give differing views, but it is important to understand that, from my not-exactly-dilettantish point of view, there is no place safer than London from Kremlin bandits or from Russian or international criminals," he said. "But that of course is no guarantee they won't get you."
Monday, 19 March 2012
Could abolishing tax havens solve Africa's financing needs?
The past month, the spotlight has been on James Ibori, the governor of Nigeria's Delta state from 1999 to 2007, who pleaded guilty at in a London court to 10 counts relating to conspiracy to launder funds from the state he governed. Ibori was accused of siphoning off an estimated $250m and laundering it in London through a number of offshore companies and financial intermediaries to fund his extravagant lifestyle of lavish mansions, expensive cars and private jets. This mode of illicit capital flight is by no means restricted to one rogue Nigerian governor or even African leaders at large, nor is it the most important means by which capital leaves the continent (and developing countries generally) illicitly. True, $250m from one source is substantial. But this pales into insignificance compared with the estimated $100bn that left Nigeria illicitly between 1970 and 2008, according to Global Financial Integrity (GFI). The bulk of this haemorrhage, contrary to popular belief, is not through the laundering of corrupt money but through commercial activities, and particularly through multinational corporations. According to GFI's conservative estimates, more than $1.8 trillion left African shores illicitly between 1970 and 2008. Of this, only 3% is attributable to bribery and theft by government officials, 30%-35% results from the laundering of criminally acquired wealth (drugs, illegal arms sales, human trafficking, etc), and the bulk – 65%-70% – is from commercial activities, especially through trade mis-pricing of goods. Over the last 10 years, the average annual outflows of this sort exceeded $50bn. This compares with annual aid inflows of less than $30bn. The outflows are largely to avoid or evade tax and to conceal wealth. This week's proposed change by the chancellor, George Osborne, on how foreign subsidiaries of multinationals based in the UK are taxed, will give even less incentive to keep money in poorer countries. Reform of these controlled foreign company rules in the upcoming budget would strengthen the financial case for shifting money to tax havens by making profits made by multinationals abroad and retained in offshore jurisdictions free from UK tax. This could cost developing countries £4bn a year in lost tax revenue, according to ActionAid estimates. These outflows undermine the rule of law, stifle trade and worsen macroeconomic conditions. They are facilitated by around 60 tax havens and secrecy jurisdictions that enable the creating and operating of millions of disguised corporations, shell companies, anonymous trust accounts and fake charitable foundations. They allow the likes of Ibori and many multinational corporations to cripple Africa financially and politically. Given that about 50% of global trade passes through tax havens, these jurisdictions facilitate trade mis-pricing by making it difficult for documentation to be traced. Transnational companies have the ability to set up multiple trusts and shell companies in these jurisdictions. This is significant because about 60% of global trade takes place between and within multinational companies. Secrecy also attracts criminal activity, and the laundering of corrupt money through concealment of the natural beneficiaries behind shell companies and trusts. Africa is experiencing economic growth, and for the increasing wealth to be channelled to public services, development and the achievement of the millennium development goals by 2015, it is urgent the problem of tax havens as a conduit for illicit outflows is addressed. The high-level panel set up by the African Union, the African Development Bank and the UN Economic Commission for Africa, and chaired by former South African president Thabo Mbeki, is a significant step forward – and testifies to the importance of this issue for Africa's development. The ball is now in the court of the rich countries.





