Wednesday, December 12, 2012

North Korea launches rocket in defiance of critics

SEOUL (Reuters) - Isolated and impoverished North Korea launched its second long- range rocket of 2012 on Wednesday in what it said was a bid to put a satellite into space.

The North launched the rocket close to the first anniversary of the death of former leader Kim Jong-il and as elections loom in South Korea and Japan.

The launch, reported by South Korean media, was confirmed by South Korea's Defense Ministry.

Pyongyang says it is entitled to launch a satellite into space but critics say the rocket development is aimed at nurturing the kind of technology needed to mount a nuclear warhead on a long-range missile.

North Korea is banned from conducting missile and nuclear-related tests under U.N. sanctions imposed after its 2006 and 2009 nuclear tests.

The latest launch comes after a failed attempt in April that fizzled less than two minutes after blast-off.

Japan and South Korea put their armed forces on alert prior to the launch. The rocket is scheduled to pass between the Korean peninsula and China, with a second stage splashing down off the Philippines before launching the satellite into orbit.

Most political analysts believe the launch is designed to bolster the credentials of new leader Kim Jong-un as he cements his rule over the country of 22 million people.

A government official in Seoul said recently that the transition of power to Kim Jong-un did not appear to be going as smoothly as anticipated and there were signs that the regime was concerned over the possibility of rising dissent.

Kim is the third of his line to rule North Korea, whose national output is around one-fortieth of that of prosperous South Korea.

Plans for the launch has drawn criticism from South Korea, Russia, Japan and the United States as well as NATO and the United Nations.

The North's only major diplomatic ally, China, has expressed "deep concern" over the launch but is thought unlikely to back any further sanctions against its ally.

(Writing by David Chance; Editing by Raju Gopalakrishnan)

Source: http://news.yahoo.com/north-korea-launches-rocket-ytn-reports-010307236.html

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Friday, December 7, 2012

Cushman & Wakefield Canada CEO talks commercial real estate ...

The commercial property market appears to be on its way to a near record year for investment and new projects show the demand for office space is not slowing. The Financial Post?s Garry Marr sat down with the Pierre Bergevin, the chief executive of Toronto-based Cushman & Wakefield Canada, to talk about the state of Canada?s major markets, where rental rates are going and the ongoing battle with condominiums for land space.

Q Calgary just continues to grow with Brookfield Properties announcing it plans to build the tallest tower in the city at 56 storeys. Some tenants like Imperial Oil are finding it too expensive now. What?s next for the oilpatch?

A Everything in Calgary is bigger. The capital projects that are going on are in the billions and multiple billions. It?s like trying to stop a freight train. Nobody saw the vacancy rate decreasing in Calgary and becoming ridiculously tight in 2008. You think of The Bow [the new headquarters for EnCana Corp.], with the trailing vacancy it left behind, and nobody would have seen this coming. But now if you now need 20,000 square feet and up there is not a lot you can do. Imperial Oil moved [out of the core]; find me another example and we will talk a trend. If they wanted an option with the size of that tenancy, they would have to wait four years [for a new building to be constructed.] Is it an issue of wanting to go to the suburbs or are there no options?

Q How much has Vancouver?s market benefitted from the resource boom and how will the market there be affected by any slowdown in China?

A Vancouver is tight. There are three towers coming out and five planned. They are generally the type of floor plates you see on the West Coast, smaller tenants that are extensions of satellite offices from Asia-Pacific or the U.S. Vancouver is resource-based but less on oil and gas and more on wood and water. They are attracting some tech now which are growing into something bigger. Commercially they are not as tied [to China] as you think. That?s more residential. We are seeing wholesale development of investment from Asian investors planning for a major [commercial] development. We haven?t see that before.

Q Does anybody really care in the Montreal real estate world about the change in government to the Parti Qu?b?cois?

A I don?t think it?s met with as much fanfare as anticipated. We have three new towers in Montreal, all of which are scheduled to go. Nobody has stopped any investment that I?m aware of. When was last time three towers went up in Montreal without provincial government interference? It?s probably been 30 or 40 years.

Q Toronto already has 4.4 millions square feet of development happening right now, How much more new space can the city absorb?

A All of it is substantially leased. Based on rules on financing it wouldn?t be happening otherwise. It?s not so much about [companies] wanting to be back downtown as much as that?s where their labour wants to be. The decision to locate is predominantly about the people, especially if you are white-collar, knowledge-based and young. We are not building buildings for 20-year-olds. There is a whole group of that knowledge base that wants to be in an urban section.

Q Are condos actually impinging on commercial development, as space tightens in urban cores? Which asset class wins out?

A You can make more money with mixed-use development, more than two [of retail, office and residential]. In the case of Maple Leaf Square [in Toronto], there is even a hotel. Mixed is a self-contained community. In major global markets like in Asia you have second and third floor retails, though that may not fly here. It?s just a better use of density. It provides communities within communities. It provides the retail amenities for the people living there and it appeals to office tenants. As you migrate your core, those people want amenities. We have it London, New York. You need a big urban core so you may not get as much traction in Calgary, Winnipeg or Ottawa but in major urban centres. Place Bell [in Montreal] is an example.

Q What is driving the demand for commercial investment activity?

A There is almost $2-billion of industrial activity happening right now. It?s the chase for yield. People need to retire, they need income. The TSX Composite versus the TSX REIT [index], there?s almost a 41-percentage point difference over the last two years. It?s become a no-brainer. What is the alternative asset class? The spread between bonds and rates is 300 [basis points]. There is an argument that cap rates could go down [and prices further up]. The capital markets have raised over $6.3-billion year to date and we still have a year to go, that?s publicly traded stuff. That?s a record and it?s beating last year?s record. Look at the buyers, in every sector but industrial [real estate] 60% has gone to the [publicly] traded sector. Where is all this foreign investment? The pension funds, they?ve become the developers. [Return] on existing [property] is 5% and new build is 8% to 9%. The risk return favours new builds for pensions. The REITs have to be accretive, so they are buying.

Q Put yourself in the shoes of a tenant, where do you see rental rates going?

A They have less do with the economy than supply and demand. Rates are getting tighter everywhere. Any time your national central core vacancy rate is sub 5%, you are going to have upwards pressure on rates. Supply? It takes four years to build, once you have found someone who can wait for four years. Since it?s the pension funds, and they don?t have obligations until well down the road, they?ll come out of the ground when things are frothy. They know they?ll be substantially pre-leased. There is upward pressure on rates, and combine that with the fact your developers, pension funds have deep pockets, they can withstand all kinds of strife and not blink. These guys are about value, they don?t need income right away.

Source: http://business.financialpost.com/2012/12/05/more-money-in-mixed-use-developments-cushmans-bergevin/

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Friday, November 9, 2012

What other - on-line computer games? | www.lacarmelaweb.com.ar

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Source: http://www.lacarmelaweb.com.ar/content/what-other-line-computer-games

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Baptist Hospital Employees Take On Wellness Challenge - WREG-TV

well4me

(Memphis) A hospital that is used to making people well is now challenging its employees to get in better shape.

Back in September, two employees of Baptist Memorial agreed to take part in the Well4Me six-month personal challenge program to lose weight and improve their health.

Melanie Polzin and Uriel Dukes are meeting regularly with a fitness expert, dietician and cardiologist.

They are also making better food choices and have gone from no exercise to working out at least three days a week.

?I was tired of being tired. I?m a cardiovascular ICU nurse manager and I?m not in the optimum health. How is somebody going to take me seriously, you know,? said Polzin.

Polzin, who is a cardiovascular ICU Nurse, has already lost 14 pounds, and Dukes, a respiratory therapist, has lost 10 pounds.

?We did my entire blood work and my cholesterol is high. They are, like, you are on the road to being a diabetic. It?s like wow. So, I kinda gotta get it together,? said Dukes.

Polzin and Dukes are motivating others by blogging about their experience.

To follow their journey log on to http:/www.well4mememphis.com.

Source: http://wreg.com/2012/11/08/baptist-hospital-employees-take-on-wellness-challenge/

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Gold and Silver Prices Set to Explode

Now that the presidential election is over we can hopefully look forward to some respite from the perpetual bombardment dished out by both the Republican and the Democratic Party machines. President Obama has been re-elected so we can expect four more years of a Washington centric controlled economy with a rolling program of borrow, print, spend and pretend, similar to the last four years. The so called fiscal cliff will not be met head on, the approach will be one of extending some of the tax cuts now in place and a watered down strategy of fiscal prudence. Budget ceilings will come and go and the deficit will grow ever larger as the economic recovery will be considered far too fragile for any serious attempts at financial reform. All in all nothing has really changed, the slow motion train crash will continue and the fallout will affect everyone.

One of the casualties will be the dollar as quantitative easing will be applied in ever increasing doses, devaluing the dollars? worth and its buying power. However the race to the bottom is alive and well as other nations will adopt similar strategies in an attempt to remain competitive and so Act Two reads like Act One.

The chart below shows the 50dma crossing over the 200dma in a downward motion which is sometimes referred to as the ?cross of death? as it usually signals that a negative move is upon us. We now expect the dollar to drift lower and test the ?72? level on the US Dollar Index.

US Dollar INdex Cash Settle

The demise of the dollar and other fiat currencies brings with it an increase in the price of hard assets. Over the last decade or so our hard asset of choice has been the precious metals sector, mainly physical gold and silver and they have served us well. Individual investors have their own unique preferences, some preferring land, property, fine art, other commodities, etc. As we don?t have any expertise in those areas of investment we will leave them for others to comment upon.

The chart below shows that gold prices have been through a lengthy period of consolidation following an all-time high formed in 2011. We draw your attention to the 50dma which has crossed over the 200dma in an upward motion which is sometimes referred to as the golden cross. Also note that gold returned from its recent high to take tea with the 200dma, which is a real good starting point for its next rally. The technical indicators are turning up from a low level and the MACD looks likely to form its own crossover suggesting that that gold prices are about to move higher.

Gold Index Spot Price

Our own opinion is that gold and silver will rally from this point through to the early part of next year making now a good time to accumulate more of the physical metals. Once above the $1800.00/oz level gold will be well positioned to make a run at a new all-time high. We also expect silver prices to catch the wind and move to much higher ground. The gold to silver ratio currently stands at 54, if this ratio were to contract, as we suspect it will, then silver prices could well and truly explode, just as it has done in the past. So stepping out and acquiring a few more ounces of silver should also serve you well.

Alternatively, investing in a small selection of good quality gold producers is the preference of many investors and indeed we were buyers of such stocks in the early years of this bull market. At the moment we are not enthusiastic about them as they appear to lack the ability to keep pace with gold as evidenced by the HUI (the gold bugs index of un-hedged gold producers) which is trading at a disappointing 485.56. Please don?t be put off by us though as many of our peers see the mining sector as a good buying opportunity at these levels.

As speculators we look for a ?leverage? return when placing a trade and so our attention is focused on the options sector. If we are correct in our premise that both gold and silver are going higher then a few well thought option trades should provide our portfolio with a real boost, well that?s our plan and we are sticking to it, as they say. You will need a strong stomach as the oscillations can be a tad nerve racking and you will also need the discipline to close trades on a frequent basis as options are not a ?buy and hold? for the long term vehicle. Time is of the essence with most options expiring worthless.

Finally, move out of the folding stuff as and when you can and acquire some hard assets in a sector that you are comfortable with and be prepared to work your socks off as none of this is going to be easy, it is going to be a white knuckle ride with violent oscillations being the order of the day. If you can find the time to do your own ?due diligence? then you should survive and even prosper in the coming years so please give your own financial situation the attention it deserves.

Take care.

By. Bob Kirtley

Disclaimer:? www.gold-prices.net or www.skoptionstrading.com makes no guarantee or warranty on the accuracy or completeness of the data provided. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. This letter represents our views and replicates trades that we are making but nothing more than that. Always consult your registered adviser to assist you with your investments. We accept no liability for any loss arising from the use of the data contained on this letter. Options contain a high level or risk that may result in the loss of part or all invested capital and therefore are suitable for experienced and professional investors and traders only. Past performance is not a guide nor guarantee of future success.

Source: http://oilprice.com/Finance/investing-and-trading-reports/Gold-and-Silver-Prices-Set-to-Explode.html

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Thursday, November 1, 2012

New way to prevent recurrent ear infections?

ScienceDaily (Oct. 30, 2012) ? Eliminating bacteria's DNA and boosting antimicrobial proteins that already exist may help prevent middle ear infections from reoccurring. These are the findings from a Nationwide Children's Hospital study that examined how an immune defense protein common in the middle ear interacts with a structure meant to protect a colony of bacteria.

The bacterium nontypeable Haemophilus influenzae (NTHI) causes a wide range of diseases of both the lower and upper airways, including middle ear infection. NTHI, like most other bacteria, can form a biofilm, a robust community of bacteria that allows the bacteria to evade the host's immune system and protects the bacteria from antibiotics and other therapies designed to kill them.

Human beta-defensin-3 is an antimicrobial defense protein expressed in the middle ear of humans and other mammals that kills both Gram-positive and Gram-negative bacteria. Previous research has shown that if expression of beta-defensin is disrupted, the host's ability to control the bacteria in the upper airway is altered and infection worsens.

Investigators in The Research Institute at Nationwide Children's Hospital hypothesized that human beta-defensin-3 might lose its power to kill NTHI if it got caught up within the extracellular DNA that makes up a biofilm's outer layer, thus preventing its contact with bacteria within the biofilm.

"Antimicrobial host defense proteins, like human beta-defensin-3, have been shown to bind to non-host DNA," says Lauren O. Bakaletz, PhD director of the Center for Microbial Pathogenesis "This interaction has an impact on the defense protein's ability to function."

Upon examining their animal model of middle ear infection, Dr. Bakaletz' team found that bacterial DNA and the animal's defense peptides were detected together in biofilms that developed during infection. Also, the defense peptide was predominantly co-localized with the biofilm's extracellular DNA.

When the team exposed the bacteria that cause ear infections to a concentration of human-beta defensin-3 that is typically detected in the a middle ear of a child with active infection, the peptide was able to kill 100 percent of the NTHI, but the killing stopped when extracellular DNA was introduced to the reaction.

"These data support the conclusion that the killing activity of the antimicrobial defense protein was decreased in an NTHI-induced biofilm due to its interaction with eDNA," says Dr. Bakaletz, who is the lead study author and professor of Pediatrics and Otolaryngology at The Ohio State University College of Medicine.

When they removed extracellular DNA from the biofilm, the killing activity of the defense peptide was rescued.

"The ability to restore antimicrobial defense protein activity is encouraging, since biofilms are resistant to most treatments, including traditional antibiotics," says Dr. Bakaletz.

Dr. Bakaletz says this study provides evidence for a new treatment regimen to target biofilms formed by NTHI during middle ear infection. One approach would be to deliver a therapeutic agent that can disrupt bacterial DNA, in conjunction with human beta-defensin-3 to the middle ear of a child with chronic, recurrent infection. Physicians could follow the same pathway used to target the middle ear during ear tube surgery, a common treatment for chronic ear infections.

"This approach would likely bolster the ability of the innate immune system to manage NTHI-induced biofilms, avoiding the need for antibiotics or empowering the use of antibiotics we already have in our arsenal," says Dr. Bakaletz. "Doing so could help diminish the recurrent nature of middle ear infection."

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

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


Journal Reference:

  1. Eric A. Jones, Glen McGillivary, Lauren O. Bakaletz. Extracellular DNA within a Nontypeable Haemophilus influenzae-Induced Biofilm Binds Human Beta Defensin-3 and Reduces Its Antimicrobial Activity. Journal of Innate Immunity, 2012; DOI: 10.1159/000339961

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

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

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_health/~3/8r4rBgRgauc/121030101340.htm

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