Friday, May 25, 2012

'Boiling point': On Lebanon's Syria Street, a civil war brews

A significant victory for the 1600 Palestinian prisoners in Israeli jails who have called off their hunger strike in a deal with the Israelis who in return want to reopen the peace process. NBC?s John Ray reports.

Omar Ibrahim / Reuters

A man hides behind sandbags amid clashes in the Bab al-Tebbaneh neighborhood in Tripoli, Lebanon, on Thursday.

By John Ray, NBC News

TRIPOLI, Lebanon ? It only takes a two-minute stroll down Syria Street to see why so many people are so worried about what might happen next in Lebanon.

A hole punched through the wall of the mosque by a rocket or mortar shell, smoke-blackened masonry, shops and apartments bearing the pockmarks of fierce gun battles.


Syria Street is the aptly named thoroughfare that separates rival factions in Lebanon?s second city.

For much of the past week, the two sides have been waging a mini-civil war.

It is a direct spill over from the chaos in neighboring Syria.

Photos: Violence on the streets of Tripoli

One side of the street is home to a hard-line Sunni Muslim militia who run guns to rebels across the border.

?President Assad is trying to destroy us,? says Sheik Bilal Masri, by way of explanation. ?They cause trouble here to take the pressure of them in Damascus.?

Since the Syrian crisis broke out, the price of weapons has exploded in neighboring Lebanon. ITN's John Ray meets the rebels buying the weapons and the dealers selling them.

We meet a small group of his men. They are well-armed and apparently spoiling for a fight.

Not many yards away, posters of Syria?s President Bashar Assad striking stern military poses adorn walls on the other side of the street.

Here the people share Assad?s Alawite faith and, it seems, the same determination to defend his regime.

?No one wants a civil war in Lebanon,? a local Alawite leader tells me. ??But everyone should be warned: There will be repercussion for anyone who tries to meddle in Syria.?

Conflict along Syria Street is nothing new. But the outside world began to take notice on Monday when for the first time in four years, gun battles broke out on the streets of Lebanon?s capital, Beirut.

It was a brief glimpse back into the abyss for a nation scarred by years of civil strife.

Inside Syria rebel stronghold: 'The city is on mute'?

In 2005, Syrian troops were forced to withdrawal from Lebanon, but Damascus is still a big player in the fractured politics of a country that sees rival Muslim and Christian sects share power in a set of uneasy alliances.

Syria?s most powerful friend here is Hezbollah, the militant Shiite group that probably holds the key to whether Lebanon survives in one piece.

Its heartland in the south of Beirut has been tense, but so far its leader, Hassan Nasrallah, has kept his forces out of the fray.

But for how long?

The fatal shooting of two Sunni clerics followed by the kidnapping of Lebanese Shiite pilgrims in Syria shows how unpredictable events have become.

A message to Assad? War games held near border

For more than two decades, Timur Goksel has watched events in Lebanon. Once of the U.N. Mission here, he now lectures at the American University in Beirut.

He tells me the country has rarely felt so dangerous.

?I hope I am wrong because this is scary. If the faction leaders lose control of these young guys with the guns then we?re in trouble,? he said.

Their bloody history has taught the Lebanese to be a fatalistic people.

?The country is at boiling point,? another seasoned observer told me with a shrug. ??What is coming will be very bad.?

NBC's Ayman Mohyeldin reports from war-torn Homs showing how parts of the city have been ravaged by fighting while others spared.

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Thursday, May 17, 2012

Samsung ships QF20 camcorder with WiFi, toughened-up W300 pocket cam

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Samsung's CES blitz included a tease of five new camcorders, but precious little in the way of launch details. Some of the mystery has ended, as two of the camcorders -- the QF20 and W300 -- are at last hitting US stores. The QF20 caters to the Internet crowd and, for $350, will let you upload your 20x-zoomed 1080p videos straight to Facebook, Picasa or YouTube without thrusting a computer into the process. If you're more concerned about your camera surviving a rafting trip than producing viral videos, the W300 will give you dustproofing, 15-foot waterproofing and 6-foot shockproofing in a pocketable form for a more frugal $160. We're still waiting on launches for the camcorders' closely-related F80, Q20 and W350 (pictured) cousins, but for now you can catch full details of the QF20 and W300 after the break.

Continue reading Samsung ships QF20 camcorder with WiFi, toughened-up W300 pocket cam

Samsung ships QF20 camcorder with WiFi, toughened-up W300 pocket cam originally appeared on Engadget on Wed, 16 May 2012 20:47:00 EDT. Please see our terms for use of feeds.

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Investing Your Self Directed IRA or 401K In Philippine Condotel ...

As of final year, finance and retirement specialists recommend that approximately 2% of the nations $3 trillion in IRA investment is stashed in genuine estate as well as other non-traditional financial investment vehicles. If you are thinking about applying your IRA financial savings to speculate in true estate, there are actually some excellent reasons which you should really pick out Philippine Condotel Investment actual estate to drive your retirement portfolio into substantial profit margins.

Beth Collingz, PLC Global Advertising and marketing Director for the Lancaster Brand of Condotels inside the Philippines, stated Purchasing overseas genuine estate is neither as dangerous nor as difficult as a great deal of folks would?ve you believe. Whilst land and housing costs within the U.S. have soared astronomically previously 10 years, the planet actual estate market is usually a far distinct tale. It really is nonetheless attainable to get a preconstruction Condotel suite at Lancaster The Atrium located in Metro Manila, Philippines, for less than $50,000.

Lancaster Manila Atrium Tower A, Shaw Boulevard, Metro Manila, Philippines is usually a ?Full Service? Condominium Resort ["Condotel"] offering Studio, One, Two and Three Bed room Suites for sale. To be finished and ready for turnover from December 2010, the Lancaster Suites Manila Atrium Tower II will give unit owners with initial residential condo models with all the selection of enrolling their models in the Lancaster Condotel Rental Pool and make Rental Incomes [at current purchase levels] of some 12-16% ROI for every annum as Owner Non-Residents when not making use of their models through Condotel Conduite and reciprocal arrangement with Lancaster Cebu Resort Residences. This tends to make Lancaster Suites one from the Hottest Investment Possibilities in the Philippines.

The beauty of holding property inside the Philippines would be the lower expense of property taxes and maintenance. A $50,000 Condotel suite may possibly arranged you back $200 in home taxes each year, and upkeep charges are in the same way lower. Whenever you include within the tax-protected status of investments created within your IRA, and also the 12-16% returns by means of rental revenue through the Condotel advantage, you have got an unbelievable ROI on a buy of Philippine Condotel investment real estate? enthused Collingz.

What?s the draw back about possessing Philippine Condotel Investment decision actual estate being an IRA financial investment? You can not reside at your investment decision residence as long as the IRA retirement account is titled because the owner of the property. The self directed IRA rules about benefiting personally from your IRA investments are strict ? you happen to be not allowed to make use of any house owned by your IRA, or else you threat losing its tax-protected status and even worse yet you can deal with penalties in the IRS. You can, having said that, lease out your IRA investment decision for regular revenue ? placing the income and cash movement into your IRA, or market your Philippine Real Estate Investment decision for instant income, as long as people earnings remain inside the IRA.

If you are searching for an unusual and large earning investment for your IRA, then choose a really serious appear at proudly owning Philippine Condotel financial investment actual estate. It may help kick your IRA earnings into substantial gear.

International Life Management, Inc., PLC Internationals Marketing Companion based mostly in the U.S recently introduced its Self-Directed IRA Affiliate Program Obtainable to US purchasers in the Lancaster Model of Condo Hotels within the Philippines.

With all the impending slowdown in the U.S. housing market and failing pension strategies, a lot of traders are turning to utilizing their IRAs to take a position in abroad houses and make tax-free or tax-deferred income. This creates an outstanding opportunity for by offering self-directed IRAs to invest inside the Lancaster Suites Atrium Tower preconstruction units.

With preconstruction home appreciating at some 20-30% per annum not simply does the Real Estate Appreciation look great but the rental earnings is in excess of what quite a few IRA and Pension Programs supply for the same or equivalent financial investment.

Jeffrey Clarke, President of Global Lifestyle Administration, a business specializing in Philippine companies and investments, is now offering its affiliate plan to intrigued clientele based mostly in the U.S, declared that We handle all of the paperwork, answer any consumer concerns and can even setup a LLC pushed IRA with checkbook control all to get a cost $1,775 much less highly-priced than our important competitors.

We?re locating clientele, who beforehand were undecided, are now very considering applying a Self-Directed IRA to purchase a Condominium Hotel device. Not simply can they qualify for your 20% low cost, in several circumstances, but they?re thrilled to discover they are able to make rental income tax-free or tax-deferred, saving them tax bucks on cash gains; states Jeffrey.

Beth Collingz states that lots of new investors are looking to substitute failed pension programs and also other future conserving schemes using a strong financial investment in Genuine Estate. Customers are looking for investments that may give them an income for retirement being an alternative to standard private pension programs which have failed. Most firm pension programs are inadequate as are Federal government Pensions. Bank prices for Savings accounts are at report lows. Savvy traders are now trying to find an additional solid investment decision with potential for month-to-month earnings. Condotels inside the Philippines fit the invoice

This potential, high rates of rental returns from Condotel Investments, currently from 12% as much as 16% for every annum, opens up a massive market place not typically looked at by Genuine Estate Brokers and Brokers whom all so frequently run around in search of usual residential account consumers with out taking a look at the by far bigger image of investments, investing and retirement. ?We?re right here to help our clientele, educating our clientele and advising them of emerging investment possibilities. Self-Directed IRAs plus the Lancaster Suites Atrium Condotels, fit this bill specifically; adds Jeffrey.

GLM can be an international financial investment consulting enterprise, specializing in educating its customers on rising investment possibilities, metals, currencies and self-directed IRAs

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Video: Global Markets Update: Japan Q1 GDP Rises 4.1%

CNBC's Kelly Evans reports on the latest global market moving activity, including the ECB halting liquidity ops at some Greek banks and rising borrowing costs at the latest Spanish debt auction.

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Exchanges iron out kinks as Facebook IPO looms

NEW YORK (Reuters) - The frenzy around Facebook's public debut has exchange operators taking extra precautions to make sure the social network giant's stock trades smoothly on Friday, especially in the wake of recent technical glitches.

When Facebook Chief Executive Mark Zuckerberg rings Nasdaq OMX's opening market bell on Friday from company headquarters in Menlo Park, California, Nasdaq will have completed three straight days of testing on its initial public offering systems.

On Tuesday, the exchange ran a test debut using the dummy ticker symbol ZWZZT. The stock began the test with a massive surge of nearly 11 million shares.

The New York-based exchange conducted another test last week, and has more planned for Wednesday and Thursday.

"They're doing their due diligence to make sure nothing goes wrong, but there is no way in an electronic world that you can guarantee that," said Joseph Saluzzi, co-head of equity trading at Themis Trading.

Investor confidence in the equity markets, where trading is largely computer-driven, has wavered since the "flash crash" in May 2010 when $1 trillion in shareholder equity was temporarily wiped out in a matter of minutes.

CANCELED TRADES

Just last week, the day before Nasdaq began its IPO tests, the IPO of a small Nasdaq-listed company went awry and a batch of trades had to be canceled.

Shares of Andina Acquisition Corp, which focuses on mergers and acquisitions in Colombia, were priced to trade at $10 on Thursday, but in a brief period a series of quotes went through as high as $139,999.99, Reuters data shows. The quotes were canceled about an hour later.

Asked about the Andina IPO, a Nasdaq spokesman declined to comment.

A misstep on Facebook's public offering could have more far-reaching consequences.

In March, the botched IPO of BATS Global Markets refocused attention on the potential for marketplace mishaps. A series of unforeseen glitches hit the company's market debut on its own exchange and caused the No. 3 U.S. exchange to take the extremely rare step of withdrawing its IPO.

The debacle also led to a fouled trade in shares of Apple Inc, the world's most valuable company, and caused a temporary halt in the stock.

SPLUNK COSTS

"The issue is that increasingly the markets are interconnected," said Larry Tabb, chief executive of research firm TABB Group.

When data-mining software maker Splunk went public on Nasdaq on April 19, it was very well-received and it shares soared, tripping a circuit breaker that temporarily halted the stock, but its shares continued trading on NYSE Arca during the halt, and those trades had to be canceled.

NYSE Euronext said that because Facebook's IPO has the potential to be so large, it would be taking extra precautions to make sure activity on NYSE Arca is smooth.

NYSE said it will dedicate a server to handle Facebook trades in anticipation of heavy market order volume.

"They just want to make sure that the process works and that something doesn't go wrong as newer firms come to market," Tabb said of the preparations at the exchanges.

"It's bad enough having BATS blowup and Splunk have some problems, but if Facebook turned out to be a market disaster, it would be huge," said Tabb.

(Reporting by John McCrank; Editing by Tim Dobbyn)

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Wednesday, May 16, 2012

Greenpeace Invades Apple's Headquarters [Apple]

Earlier this morning, Greenpeace launched a full offensive against Apple's Cupertino headquarters. First, in the middle of the night, they projected messages onto the main fa?ade of Infinite Loop. Later, they placed an Apple-branded pod right on the door, inside Apple's property. More »


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RelixMag: Umphrey?s McGee (@UmphreysMcgee) to perform intimate church set at @SummerCampFest :: http://t.co/4xe2Ahly

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