France: Hostage dead in rescue attempt in Somalia

PARIS (AP) — A French commando raid to free an intelligence agent held captive for three years ended in the deaths of the hostage and a French soldier, the French military said Saturday. But the man's Islamist kidnappers said the hostage was alive and that a French soldier had been captured as well.
Confusion surrounded early reports of the botched rescue of the agent, known by his code-name Denis Allex. The intelligence agent was captured on July 14, 2009 and last seen in a video released in October pleading for the French president to help him.
But it was clear that a dangerous raid that the French defense minister said was planned with the utmost of care had gone horribly wrong. The militant Islamist group al-Shabab, which had held Allex for more than three years, said Saturday that he remained alive and in their custody, along with a new captive — a French commando wounded in the failed rescue.
French Defense Minister Jean-Yves Le Drian said one French soldier was missing and one was dead, along with 17 Islamists killed in the fighting. The Defense Ministry earlier said two commandos were killed.
"It was an extremely dangerous mission," Le Drian said.
A Somali intelligence official had earlier said the raid caused casualties but that he had no information on the hostage.
Le Drian said the operation in Somalia was unrelated to the French offensive overnight in Mali to drive back Islamist militants.
Residents of the Somali town of Bulomarer described the chaotic sounds of explosions and gunfire from what they called an al-Shabab base. An al-Shabab official said that fighting began after helicopters dropped off French soldiers.
"Five helicopters attacked a house in the town. They dropped soldiers off on the ground so that they could reach their destination ... but fighting has broken out," he said on condition of anonymity because he was not authorized to speak to the media.
The al-Shabab official said some soldiers were killed, but the group held only one dead French soldier. Later, al-Shabab released a statement saying that Allex "remains safe and far from the location of the battle." The statement said there would be a verdict in his case in two days.
The French attack was swift and loud, local residents said.
"We heard a series of explosions followed by gunfire just seconds after a helicopter flew over the town," Mohamed Ali, a resident of Bulomarer, told The Associated Press by telephone. "We don't know exactly what happened, but the place was an al-Shabab base and checkpoint."
Allex was kidnapped from a hotel in Mogadishu, Somalia, on July 14, 2009 with a colleague who later escaped. They were in Somalia to train government forces, which are fighting Islamist militiamen.
In October, French President Francois Hollande pledged to "use all means" to contact "anyone who can help free our hostages.
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Commando killed in raid to free hostage in Somalia

MOGADISHU, Somalia (AP) — A French commando raid in Somalia to free a captive intelligence agent ended in the deaths of 17 Islamists and a French soldier. France said the hostage also died in the failed rescue, but the man's captors denied he had been killed and claimed Saturday to have seized a second soldier.
Confusion surrounded early reports of the botched rescue of the French agent, known by his code-name Denis Allex. He was captured in the east African country on July 14, 2009, and last seen in a video released in October pleading for the French president to help him.
But it was clear that a dangerous raid the French defense minister said was planned with the utmost of care had gone horribly wrong.
French Defense Minister Jean-Yves Le Drian said Allex was killed by his captors and that one French soldier was missing and one dead, along with 17 Islamists. The Defense Ministry earlier said two commandos were killed in the fighting in the Somali town of Bulomarer.
"It was an extremely dangerous mission," Le Drian said. "Everything indicates Denis Allex was killed."
The militant Islamist group al-Shabab, which held Allex for more than three years, said Saturday that he remained alive and in its custody, as was a new captive — a French commando wounded in fighting.
Le Drian said the operation in Somalia was unrelated to the French offensive overnight in Mali to drive back Islamist militants in the west African country. There are seven French hostages in Mali.
Residents of Bulomarer described hearing explosions and gunfire from what they called an al-Shabab base. An al-Shabab official said that fighting began after helicopters dropped off French soldiers.
"Five helicopters attacked a house in the town. They dropped soldiers off on the ground so that they could reach their destination ... but fighting has broken out," he said on condition of anonymity because he was not authorized to speak to the media.
The French attack was swift and loud, residents said.
"We heard a series of explosions followed by gunfire just seconds after a helicopter flew over the town," Mohamed Ali, a resident of Bulomarer, told The Associated Press by telephone. "We don't know exactly what happened, but the place was an al-Shabab base and checkpoint."
The al-Shabab official said some soldiers were killed, but the group held only one dead French soldier. Later, the Islamist group released a statement saying that Allex "remains safe and far from the location of the battle." It said there would be a verdict in his case in two days.
Allex was kidnapped from a hotel in Mogadishu, Somalia, on July 14, 2009 with a colleague who later escaped. They were in Somalia to train government forces, which are fighting Islamist militiamen.
In October, French President Francois Hollande pledged to "use all means" to contact "anyone who can help free our hostages."
In 2009, a Frenchman held hostage by pirates off the Somali coast was killed in the crossfire during a commando rescue on his captive sailboat. The man's family was rescued.
And in 2011, two French hostages kidnapped in Niger were killed by their captors as French troops closed in for a rescue.
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Red Cross: 200 dead from violence in Kenya's south

NAIROBI, Kenya (AP) — The Kenya Red Cross says at least 200 people have been killed in violence in Kenya's southeast since August in fighting that could be related to political tensions ahead of March elections.
Red Cross Secretary General Abbas Gullet said Saturday that in the past there had been skirmishes between the semi-nomadic Orma and the farming Pokomo communities in the Tana Delta over resources, but the current violence was unprecedented. Gullet said 36,000 people have been displaced from their homes and schools have been closed
Kenya police say the motive behind the violence could be to displace a certain tribe ahead of the elections. At least 18 people died this week in tit for tat attacks between the two groups. Leaders from the region on Saturday said they had united to preach peace.
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UPDATE 2-NBA results

Jan 11 (Infostrada Sports) - Results from the NBA games on Thursday (home team in CAPS)
INDIANA 81 NY Knicks 76
Dallas 117 SACRAMENTO 112 (OT)
PORTLAND 92 Miami 90
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NBA standings

Jan 11 (Infostrada Sports) - Standings from the NBA on Thursday
EASTERN CONFERENCE
ATLANTIC DIVISION
W L PCT GB
1. NY Knicks 23 12 .657 -
2. Brooklyn 20 15 .571 3
3. Boston 18 17 .514 5
4. Philadelphia 15 22 .405 9
5. Toronto 13 22 .371 10
CENTRAL DIVISION
W L PCT GB
1. Indiana 22 14 .611 -
2. Chicago 19 14 .576 1 1/2
3. Milwaukee 18 16 .529 3
4. Detroit 13 23 .361 9
5. Cleveland 9 28 .243 13 1/2
SOUTHEAST DIVISION
W L PCT GB
1. Miami 23 11 .676 -
2. Atlanta 20 14 .588 3
3. Orlando 12 23 .343 11 1/2
4. Charlotte 9 25 .265 14
5. Washington 5 28 .152 17 1/2
WESTERN CONFERENCE
NORTHWEST DIVISION
W L PCT GB
1. Oklahoma City 27 8 .771 -
2. Portland 20 15 .571 7
3. Denver 21 16 .568 7
4. Utah 19 18 .514 9
5. Minnesota 16 16 .500 9 1/2
PACIFIC DIVISION
W L PCT GB
1. LA Clippers 28 8 .778 -
2. Golden State 22 12 .647 5
3. LA Lakers 15 20 .429 12 1/2
4. Sacramento 13 23 .361 15
5. Phoenix 12 25 .324 16 1/2
SOUTHWEST DIVISION
W L PCT GB
1. San Antonio 28 10 .737 -
2. Memphis 23 10 .697 2 1/2
3. Houston 21 15 .583 6
4. Dallas 14 23 .378 13 1/2
5. New Orleans 10 25 .286 16 1/2
SATURDAY, JANUARY 12 FIXTURES (GMT)
Charlotte at Toronto (0000)
Utah at Atlanta (0030)
Houston at Boston (0030)
Phoenix at Brooklyn (0030)
San Antonio at Memphis (0100)
Minnesota at New Orleans (0100)
Chicago at NY Knicks (0100)
Detroit at Milwaukee (0130)
Cleveland at Denver (0200)
Portland at Golden State (0330)
Oklahoma City at LA Lakers (0330)
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UPDATE 1-NBA-Heat evaporate in tight loss to Trail Blazers

* Trail Blazers win ninth straight game at home
* Heat slip to fifth defeat in eight games (Adds quotes, detail)
Jan 10 (Reuters) - Guard Wesley Matthews buried successive three-pointers to cap a stunning late rally as the Portland Trail Blazers stunned the NBA champion Miami Heat with a tense 92-90 win on Thursday.
Trailing 80-68 with just over eight minutes left, Portland finished with a rousing 24-10 run to record their fourth straight win and their ninth in a row at home, improving to 20-15 for the season.
Matthews' heroics put Portland ahead 91-90 and a LaMarcus Aldridge free throw then made it 92-90 with 10.4 seconds remaining.
Guard Mario Chalmers missed a late three-point attempt as the Heat slipped to their fifth defeat in their last eight games for an overall record of 23-11.
Nicolas Batum led the way for the Trail Blazers with 28 points, forward LaMarcus Aldridge contributed 20 points and 15 rebounds while Matthews finished with 18 points on seven-of-18 shooting.
"We got a lot of confidence and we are playing great at home right now," Williams told reporters after his step-back three-pointer with 26.9 seconds left put Portland a point in front.
"We are playing very well overall. We played against a great team ... and we knew they would make their run. We just got to stop the bleeding and we were able to do that."
Though Chris Bosh scored a game-high 29 points for Miami and Dwyane Wade weighed in with 18, the visitors paid the price after being outscored 29-22 in the final quarter.
JAMES STREAK ENDS
LeBron James was restricted to 15 points on six-of-16 shooting, ending a run of 54 games including the playoffs with at least 20 points dating back to last season
"It's a tough loss, no doubt about it," Heat coach Erik Spoelstra said. "Our guys are disappointed about that. With seven minutes to go, we're taking control of the game and gaining some confidence in our defense.
"And then we slipped a little bit. But it's still a ballgame down to the end, and they made more plays."
Portland began the game brightly but James poured in a three-pointer to give slow-starting Miami a 21-18 lead after a closely contested opening quarter.
With the "Big Three" of James, Bosh and Wade all getting into double figures, the Heat upped the tempo and padded their advantage to 52-39 halftime.
Portland ended the third quarter on a 14-7 run to cut Miami's lead to 68-63 but the Heat appeared to have the game in control midway through the fourth before the home team took over in spectacular fashion.
"It's an understatement to say it's great to beat Miami," Trail Blazers coach Terry Stotts said. "I gotta hand it to our guys for sticking with it.
"You keep competing, playing through and finding ways to win games. That's what we did tonight, and what we've been doing most of the season.
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Report: Apple may build less expensive iPhone

SAN FRANCISCO (AP) — Apple is trying to decide whether it makes sense to offer a cheaper iPhone as it tries to boost sales in less-affluent countries and reclaim some of the market share lost to cheaper phones running Google's Android software, according to a published report.
Wednesday's report in The Wall Street Journal speculated that Apple could lower the iPhone's price by equipping the device with an exterior that costs less than the aluminum housing on current models.
A cheaper iPhone could come out as early as this year, or the idea could be tabled for future consideration, as has previously happened. Citing unnamed people familiar with the matter, the Journal said Apple began assessing the pros and cons of making a cheaper iPhone in 2009 and has periodically revisited the notion. Apple Inc. declined to comment to The Associated Press.
Apple so far has stuck with an approach that has stamped the iPhone as the gold standard, a device that warrants a higher price than other smartphones. Under this tack favored by Apple's late CEO, Steve Jobs, the company sells a premium-priced iPhone that has been updated annually with new features since its 2007 debut.
In an attempt to appeal to more budget-conscious consumers, Apple has been selling older models of the iPhone at discounts before phasing them out.
The latest iPhones start at $199 in the U.S., but those prices are subsidized by wireless carriers, which figure they can make up the costs through monthly service fees over the life of a two-year contract.
The unsubsidized prices start at $649. That is proving to be too much for many people looking to stay connected on the go, prompting them to snap up more affordable smartphones, including Android devices made by Samsung Electronics Co. and others. Google Inc. doesn't charge for the Android mobile operating system, making it easier for device makers to undercut the iPhone. Apple doesn't allow rivals to use the iPhone's iOS operating system at all.
Android devices accounted for 75 percent of smartphone shipments during the three months ending in September, up from 58 percent at the same time in 2011, according to the research firm IDC. The iPhone's share stood at 15 percent in September, up from 14 percent in the previous year.
Google says more than 500 million Android devices have been activated since the software's release four years ago. By comparison, Apple had sold about 271 million iPhones through last September.
Apple could fall further behind as it focuses more on markets outside the U.S. and Europe. That's because many households in some of the most promising markets, including China, can't afford iPhones at their current prices. Apple CEO Tim Cook, who took over the helm shortly before Jobs died in October 2011, is currently visiting China.
"The Western markets are saturated and Apple has to look at emerging growth markets and develop a product that meets the demands of the region and affordability," said N. Venkat Venkatraman, chairman of the Information Systems Department at Boston University's school of management.
Under Cook's leadership, Apple already has deviated from Jobs' philosophy by selling less-expensive versions of its products. Late last year, Apple introduced a smaller model of its iPad. The iPad Mini sells for $329, or about a third less than what the latest full-size iPad starts at. Even so, Apple is still charging $80 to $130 more for the iPad Mini than similar-sized tablets, including Google's Nexus 7.
Analysts are divided on whether a cheaper iPhone would be good for Apple. Some believe Apple needs to expand the choices to preserve market share and sustain revenue growth. Others fear a less-expensive iPhone would siphon sales from the premium model and diminish the company's profit margins. That same concern raised by the recent introduction of the iPad Mini is one of the reasons that Apple's stock price has fallen 26 percent from a peak reached in late September, just as the latest iPhone went on sale.
Apple's stock fell $8.21 Wednesday to close at $517.10.
The iPhone and related products generated $80 billion in sales during Apple's last fiscal year, which ended in September. It accounted for more than half of the Cupertino, Calif., company's total revenue.
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Verizon, AT&T and T-Mobile all confirm upcoming BlackBerry 10 launches

Research In Motion’s (RIMM) next-generation smartphone platform has received all-important nods from three of the four major nationwide carriers in the United States. Following official endorsements from some international carriers, executives at Verizon Wireless (VZ), AT&T (T) and T-Mobile have each confirmed to Reuters that they will carry BlackBerry 10 devices some time after the new operating system’s debut later this month.
[More from BGR: iPhone 5 now available with unlimited service, no contract on Walmart’s $45 Straight Talk plan]
The carriers didn’t sound terribly enthusiastic in all cases — ”We’re hopeful it’s going to be a good device,” was all Verizon CEO Lowell McAdam would offer Reuters — but RIM did get an exuberant thumbs-up from at least one chief executive. ”We’re extremely optimistic that it’s going to be a successful product and our business customers are extremely interested in it,” T-Mobile CEO John Legere said.
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Why you should be rooting for RIM and BlackBerry 10 to succeed

It's time to start paying attention to RIM again. For innovation's sake
It's time to stop making fun of RIM. Seriously. Full stop. After years of devolving into a laughingstock of a tech company, Research in Motion is somehow finding its way back to the brink of relevance, and will soon embark on a make-or-break mission that just a couple of months ago would've sounded impossible: RIM wants you to like it again. And I think it has a shot.
To be fair, the Canada-based phone-maker hasn't exactly made it easy for you, the consumer, to cheer the company onward, especially with the smothering shadows cast by Google and Apple. In fact, RIM's downward spiral presents a compelling case study for boneheaded decision-making and public relations thoughtlessness. There were the endless delays (BlackBerry 10 was first teased in 2011); the embarrassing incident in which two company executives got too drunk and had to be restrained on a plane bound for China; the recent layoffs that some insiders called "inhumane." Depressing article after depressing article only seemed to crescendo the BlackBerry's death knell, replete with graphs and lifeless arrows all pointing the same direction. Down.
This week, RIM announced that after more than a year of product delays — egregious, considering new Android phones are released days apart — a line of new budget-friendly BlackBerrys sporting a new operating system, BB10, are ready to be formally unveiled (not shipped) at the end of January. (Note: Like many users, I made the switch from a BlackBerry Curve to an iPhone two years ago. It is one of the best decisions I've ever made. And no, I couldn't care less about the physical keyboard.)
That's something to be excited about. Over at Gizmodo, there's a surprisingly neat walkthrough of some of the new features BB10 will use. At first glance it looks like the baffling stepchild bred from a weird love triangle between Android, iOS, and a grizzled old Windows XP.
Yet the redesigned OS has some good features and flourishes worth noting: The ability to minimize apps that run simultaneously. The ability to keep your finger pressed down to slide panes side-to-side (handy for peeking around). A well-spaced, digital keyboard that skeuomorphically draws inspiration from BlackBerry's celebrated keypads. The easy-to-set alarm clock is unlike anything we've seen yet. The phone's camera looks intuitive and snappy with some smart editing features. Cosmetically speaking it's not the prettiest UI in the world, but it's not supposed to be. As a business device, BB10-equipped phones will be all about cold, mechanical efficiency. And you can bet Android and Apple are taking notes.
No, BlackBerry 10 won't change the world like the iPhone did in 2007. But it doesn't have to. The reason we should be rooting for RIM is because, quite honestly, it's beginning to look more and more like the current duopoloy of iOS and Android isn't going anywhere, not even with Microsoft's tile-based Windows Phones beginning to surge. According to ComScore, the two operating systems have a stranglehold on the smartphone market, accounting for nearly 90 percent of all devices.
The sad truth about all the legal mudslinging between Apple and Android licensees like Samsung is that patents matter right now, whether the system is broken or not. "We think that these patent wars are not helpful to consumers," Google public policy director Pablo Chavez said in August last year, lamenting the litigiousness that's plaguing the world of mobile technology. "They're not helpful to the marketplace. They're not helpful to innovation," he added.
But competition is.
We need RIM and Windows to keep the current leaders on their toes, to push innovation forward, albeit from behind. Whether it's a just a new way to swipe or organize an application is inconsequential. Variety breeds stronger victors.
I'm not saying we shouldn't criticize RIM. We should. It's our duty to keep the companies making our gadgets honest. But BlackBerry, like Microsoft and the Windows Phone, is in the unique but difficult position of providing phone-buyers with something fresh but familiar. New, but not quite groundbreaking.
We had our fun, but it's time to start rooting for companies like RIM, Windows, and others experimenting with new ideas instead of kicking them when they fail. This would give consumers a voice in the one forum that matters — the marketplace. That's why, against the odds, I'm pulling for the new batch of BlackBerrys to succeed. I hope I'm not alone.
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Liberty Mutual’s Coach Of The Year Finalist And Head Football Coach At Lake Forest College, Jim Catanzaro Is Back To Direct The 2013 Contact Football Camp In Illinois

The Contact Football Camp at Lake Forest College, June 16-20, is an established location where Head Coach Jim Catanzaro works with youth football players to ensure they gain insight on the game and improve their skills.

San Rafael, CA (PRWEB) January 09, 2013
The Contact Football Camp at Lake Forest College June 16-20, is an established location where Head Coach Jim Catanzaro works with youth football players to ensure they gain insight on the game and improve their skills.
Jim Catanzaro has been directing Contact Football Camps for the past six summers and heads into his seventh camp as a Liberty Mutual Coach of the Year Finalist. Along with a reputable coaching career, Coach Catanzaro demonstrates a high level of enthusiasm, passion, and energy.
“We look forward to another summer at Lake Forest College with Coach Catanzaro leading the way,” Mike de Surville, Vice President of US Sports Camps and operators of the Contact Football Camps stated. “His coaching style exemplifies our company mission and he always gets campers fired up about working hard and improving their game.”
As with all Contact Football Camps across the country, campers have the opportunity to train each day, work hard, improve, make new friends, and have fun. "Contact" is introduced in a slow, gradual progression with campers being divided according to age, weight and ability. Instruction (3 times a day) takes place on the beautiful fields of Lake Forest College and stresses both individual positions and team play. Camper’s housing and meals take place on campus.
About Contact Football Camps and US Sports Camps
Established in 1977, Contact Football Camps enters its 37th summer operating full contact summer football camps for young players aged 8-18. Thousands of our previous football campers played, or are now playing college football (many at schools represented by our coaching staff).
US Sports Camps (USSC), headquartered in San Rafael, California, is America’s largest sports camp network and the licensed operator of NIKE Sports Camps. The company was started in 1975 with the same mission that defines it today: to shape a lifelong enjoyment of athletics through high quality sports education and skill enhancement.
US Sports Camps has partnered with the DeBartolo Football Academy to bring Elite Quarterback and Wide Receiver camps across the United States. Players, coaches, parents and others interested in Contact Football Camps can visit contactfootball.com or call 1-800-433-6060.
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Save the Date: eMazzanti Announces NRF Networking Party at Frames NYC Jan 14th

eMazzanti Technologies and WatchGuard join together to offer NRF attendees a night of luxurious relaxation at the Frames Bowling and Games Lounge, NYC January 14th 6:30pm.

Hoboken, NJ / New York, NY (PRWEB) January 10, 2013
eMazzanti Technologies, a Hoboken, New Jersey and New York City area IT expert and computer consultant, announces a networking and technology party for all NRF attendees. The party, named the NRF-O-Rama, will be held at the luxurious new Frames Bowling and Game lounge, 550 9th Avenue, NYC at 6:30 pm., Monday, January 14th. WatchGuard, eMazzanti’s security OEM partner will also help sponsor the evening’s activities which will include free eating, drinking, bowling, games and networking at one of NYC’s most trendy game lounges which includes a full bar and bistro.
“Whether you want to relax in the plush lounge, bowl in the state-of-the-art lanes or explore the billiards and game room; this event—which we call the NRF-O-Rama, will be one that you will surely remember,” said Carl Mazzanti, CEO, eMazzanti Technologies. “It’s one of the best ways we can think of to unwind from a busy day at the NRF Show.”
The NRF-O-Rama Party is open to all NRF show visitors and exhibitors. Space is limited, so party attendees should register early at: http://www.emazzanti.net/events/nrf-o-rama-the-premier-nrf-networking-event-party.
About eMazzanti Technologies

With a company name that sounds more like a purebred, high-performance sports car than a IT support and consulting firm, eMazzanti Technologies is all about delivering powerful solutions such as Outsourced IT, Office cloud technology 365, computer network management, network troubleshooting, business continuity and disaster recovery, green computing, mobile workforce technology, information security and business information optimization in the most efficient manner possible. The Hoboken, N.J., firm is located in one of the most densely populated - and competitive - regions in the U.S. It provides business technology consulting services for companies ranging from home offices to multinational corporations throughout the New York metropolitan area and in three countries. For more information contact: Carl Mazzanti 201-360-4400 or emazzanti.net. Twitter: @emazzanti, Facebook: Facebook.com/emazzantitechnologies.
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Custody Battle Continues This Month for Priceless Bahia Emerald

Bahia Claimant & Global Quest TV’s Jerry J. Ferrara in Recent Media for Missing Mayan Codex Discovery. Bahia Emerald valued at over $400,000,000

Chicago, IL (PRWEB) January 09, 2013
Over a decade after its discovery, the high profile legal battle continues for ownership of the rare Bahia Emerald, an 840-pound gem that is considered to be the world’s largest and heaviest emerald. Recognized as one of the most renowned lawsuits in California history, the case has gained an international following. Per court documents, a half-dozen or so claimants have already settled out of court with FM Holdings, Inc. (Ferrara Morrison Holdings). The remaining three respondents, FM Holdings, Inc., Mark Downie and Anthony Thomas, will face off again on case number BS118649 in January at the Stanley Mosk Courthouse in the Los Angeles Superior Court district.
After nearly six years of court dates and hearings, January’s case is an extension of the April 2011 case where, per court documents, Los Angeles Superior Court Judge John A. Kronstadt found Anthony Thomas’ claim of ownership of the Bahia Emerald not credible. After the ruling, Kronstadt was sworn in as a federal district judge and was replaced by Judge Michael Johnson. Wishing to hear the case himself and make an independent ruling, Judge Johnson has brought the case to light yet again.
Per court documents, FM Holdings, Inc., comprised of real life “Indiana Jones” Jerry J. Ferrara, Kit Morrison, a private equity financier, and accounting and financial expert Todd Armstrong, maintains it has the valid legal title to the Bahia Emerald and alleges that it also has an equitable claim to title as bona fide purchasers of the Bahia Emerald. Law firms Greene Broillet & Wheeler and Balaban & Spielberger represent FM Holdings, Inc.
“We stand behind our claim and are confident that we will prevail as the legal and rightful owner of the Bahia Emerald,” said Jerry J. Ferrara, founder of Global Quest TV and prominent historical researcher.
In the National Geographic Special "The 400 Million Dollar Emerald," researchers and experts follow the Bahia Emerald from the mines of Brazil’s Bahia Region in 2001. The emerald, which contains more than 180,000 carats of emerald crystals, is being held at the Los Angeles Sheriff’s Department evidence locker until the case is resolved. The Bahia emerald has been appraised as high as $900 million dollars.
Ferrara and Morrison are no strangers to priceless artifacts. Ferrara’s Global Quest team of researchers were responsible for uncovering the fourth authentic Mayan Codex in Sept. 2012. To date, this is the only complete Mayan Codex discovered and includes both the front and back hand carved wood covers. The missing codex has been safeguarded for almost three centuries by a family who are direct blood descendants of the House of David. Forensic analysis and micron auger testing dates the codex to 1540 AD (+/- 70 years) which places it towards the end of the Mayan civilization.
"I have had the opportunity to work with some of the top researchers and archaeologists in the world and I’ve never seen anything quite like this piece. Preliminary research with leading period scholars lend me to believe the piece might be directly related to the Mayan Calendar, particularly the Mayan T'zolkin Spiritual Calendar," said Ferrara who serves as the custodian of antiquities and ancient texts for the family who owns the codex.
Several renowned national museums are vying to purchase the codex but with the final destination still being determined, it is currently back in the safety of the family. A private meeting is being arranged to translate the codex which will consist of the top archaeologists, scientists and academics from around the world. Visit TheMayanCodex.com for more information on the missing codex, as well as never before seen photos and video taken during the analysis process.
Ferrara and the Global Quest team are also working on a project that features what is said to be the only existing unrestored Leonardo Da Vinci painting of Jesus Christ. With preliminary analysis and signature authentication on the piece already showing promise, researchers are preparing for X-ray analysis to shed light on what even a highly trained eye cannot depict.
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Jones still Japan-bound despite arrest

TOKYO (Reuters) - Former Major League Baseball player Andruw Jones's Christmas morning arrest on a battery charge will not endanger his move to Japan's Rakuten Eagles, the club's president said on Thursday.
The Curacao-born outfielder was taken into custody in an Atlanta suburb on Tuesday after police were called to his home following a domestic dispute with his wife.
"We received a report it was a domestic fight which escalated," Eagles president Yozo Tachibana told Japanese media of the former Atlanta Braves and New York Yankees slugger.
"Unless there is any more big surprises, we intend to go ahead as planned with his contract."
The 35-year-old Jones began his stellar MLB career at Atlanta and won 10 Gold Glove awards, cracking 434 home runs in MLB with five different clubs.
He joined Japan's Eagles, based in the country's quake-hit northeast, earlier this month on a one-year contract worth $3.5 million.
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Baseball: Matsui announces retirement from Major Leagues

(Reuters) - Hard-hitting Hideki Matsui, who set milestones for Japanese players in Major League Baseball, announced his retirement on Thursday, the organization's website reported.
The 38-year-old Matsui played 10 seasons in MLB, seven of them with the New York Yankees, producing the most home runs, runs batted in and walks by a Japanese player in the league.
A two-time All-Star with the Yankees, he was the first Japanese-born player to win World Series MVP honors in 2009, going 8-for-13 with three homers and eight runs batted in as the Yankees beat the Phillies for the title in 2009.
One of Japan's most dominant hitters with the Yomiuri Giants from 1993-2002, he joined the Yankees in 2003.
In 10 Major League seasons, he batted .282 with 760 runs batted in while playing with the Yankees, Los Angeles Angels, Oakland Athletics and Tampa Bay Rays.
Nicknamed "Godzilla" for his powerful swing, Matsui belted 332 home runs in Japan and hit 175 more in the Major Leagues.
He spent his last season with the Rays, playing in 34 games and batting .147.
"This is a Hall of Fame-caliber player, based on the body of work that he's done," Rays manager Joe Maddon told reporters last summer.
"Had he done all of that in the United States, which he may have done had he started here sooner, you're definitely talking about a player of that kind of stature."
Matsui played 1,250 consecutive games to finish his Japanese career and did not miss a game in his first three seasons with the Yankees, playing 518 consecutive games.
He was a three-time MVP and nine-time All-Star in the Central League in Japan before signing with the Yankees.
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Giants rule American sports in 2012

NEW YORK (Reuters) - In a country driven by the mantra 'bigger is always better', it was fitting that Giants dominated America's professional championships in 2012.
Two of the four major leagues were won by teams with the supersized moniker, with the New York Giants capturing the National Football League's Super Bowl and the San Francisco Giants landing Major League Baseball's World Series.
The Los Angeles Kings finally lived up their regal nickname when they won National Hockey League's Stanley Cup for the first time while LeBron James silenced his critics by winning a first National Basketball Association title with the Miami Heat.
The New York Giants set the tone for a year of comebacks when they reclaimed the greatest prize in North American sports with a nail-biting 21-17 victory over the New England Patriots in Indianapolis.
Inspired by their dynamic quarterback Eli Manning, named the Super Bowl's Most Valuable Player (MVP) for the second time in four years, the Giants stole victory with a last-minute touchdown from Ahmad Bradshaw.
"The greatest feeling in professional sports is to win the Super Bowl," said 65-year-old Tom Coughlin after becoming the oldest coach to land the prize.
What made their victory remarkable was the Giants had looked to have no hope of even competing for the title after losing four consecutive games late in the regular season, putting them in danger of missing the playoffs.
They needed to win their last two games to make the playoffs and then won four straight to claim the Super Bowl in early February and cap a fairytale run that captivated America's biggest city.
For the Patriots, losing to fierce rival New York in the championship game for the second time in four years was unpalatable.
"You don't feel good after you lose this game," said New England head coach Bill Belichick.
WILD RIDE
San Francisco, led by MVP-winning catcher Buster Posey, also endured a wild ride through the playoffs before winning the World Series in late October for the second time in three seasons.
The team won six elimination games, three against the Cincinnati Reds and another three against the St Louis Cardinals, before sweeping the talent-packed Detroit Tigers in the best-of-seven Fall Classic.
"It just so happens we got kind of hot and scored some runs at the right time," said Matt Cain who pitched the first perfect game in Giants history during the regular season.
Cain was not the only who achieved a rare feat in 2012 with Tigers third baseman Miguel Cabrera becoming the first player in 45 years to win the Triple Crown, leading the American League in batting average, home runs and runs batted in (RBI).
The Venezuelan-born slugger had a .330 batting average, 44 home runs and 139 RBI and was the 15th player to accomplish the feat, and the first since Boston's Carl Yastrzemski in 1967.
'LOWEST MOMENTS'
The Kings also timed their run to perfection after scraping into the playoffs as the Western Conference's lowest-ranked team and going on to win the first Stanley Cup in the franchise's 45-year existence.
They upset the top three seeded teams, the Vancouver Canucks, the St Louis Blues and the Phoenix Coyotes, to win the Conference before beating the battle-hardened New Jersey Devils 4-2 in the best-of-seven Stanley Cup finals.
"At our lowest moments the biggest thing is nobody ever turned on someone else, everybody stuck with it," said goaltender Jonathan Quick, named MVP in the finals in June.
"You just can't say enough about the resiliency that it took to get through those times during the season and still make the playoffs."
After losing the first three games of the series, the Devils clawed their way back with two straight wins but that momentum was swiftly undone by a game-changing penalty that led to three first-period goals in less than four minutes as the Kings cruised to victory.
For hockey fans it was the last real action they would see for the immediate future with a labor dispute between owners and players indefinitely delaying the start of the 2012-13 season.
Despite his incredible talent and athleticism, James has been derided by American sports fans since he walked out on his hometown team two years ago to join the Miami Heat.
His rationale for deserting Cleveland, a city battered by unemployment, high taxes, lousy weather and poor sports teams, was that he wanted to win a championship to help cement his place among the game's greats.
But in 2012 James proved that in a sport played by giants, he towers above everyone else, cleaning up the four biggest team and individual honors in the sport.
In addition to winning his first NBA title against the Oklahoma City Thunder, he was named MVP during the regular season for the third time.
James also won the MVP award for the finals in June and a gold medal with the United States at the London Olympics in August. Only Michael Jordan, the player LeBron is constantly compared with, has completed the same grand slam.
"It was definitely a journey," James said. "I can finally say I'm a champion and I did it the right way. I didn't shortcut anything.
"I put a lot of hard work and dedication in it and hard work pays off. It's a great moment."
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Rate on 30-year fixed mortgage falls to 3.98 pct.

WASHINGTON (AP) — The average rate on the 30-year fixed mortgage hovered above its record low for a fourth straight week. But cheap mortgage rates have done little to boost home sales or refinancing.
Freddie Mac says the rate on the 30-year fixed loan fell to 3.98 percent from 4 percent the previous week. Seven weeks ago, it dropped to a record low of 3.94 percent, according to the National Bureau of Economic Research.
The average rate on the 15-year fixed mortgage edged down to 3.3 percent from 3.31 percent. Seven weeks ago, it too hit a record low of 3.26 percent.
Rates have been below 5 percent for all but two weeks this year. Yet this year could be the worst for home sales in 14 years.
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U.S. Housing Market Still On Life Support

With each passing year, the former Oracle of the Fed, Alan Greenspan, is reminded that there really was a housing bubble and lowering interest rates to record lows just matters worse.  Nearly four years after the housing market peak in 2007, record low mortgage rates are no match for falling incomes and 9% unemployment.
The Case-Shiller Home Price Index, released on Tuesday, showed that nation wide home prices did not register a significant change in the third quarter of 2011, with the U.S. National Home Price Index up by only 0.1% from its second quarter level. Home prices are down 3.9% across the board and are now back to their first quarter of 2003 levels.
From August to September, housing prices have fallen the most in Atlanta, with a 5.9% decline, followed by Tampa Bay and San Francisco, both with a 1.5% drop in housing prices.
Boston, New York, Washington and Los Angeles remain the most expensive cities in the lower 48 states.
"The plunging collapse of prices seen in 2007-2009 seems to be behind us," says David M. Blitzer, Chairman of the Index Committee at S&P Indices. "Any chance for a sustained recovery will probably need a stronger economy.
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U.S. Housing Market Still On Life Support; Prices At 2003 Levels

With each passing year, the former Oracle of the Fed, Alan Greenspan, is reminded that there really was a housing bubble and lowering interest rates to record lows just made matters worse.  Nearly four years after the housing market peak in 2007, record low mortgage rates are no match for falling incomes and 9% unemployment.
The Case-Shiller Home Price Index, released on Tuesday, showed that nation wide home prices did not register a significant change in the third quarter of 2011, with the U.S. National Home Price Index up by only 0.1% from its second quarter level. Home prices are down 3.9% across the board and are now back to their first quarter of 2003 levels. The market consensus was for a 3% decline year over year.
From August to September, housing prices have fallen the most in Atlanta, with a 5.9% decline, followed by Tampa Bay and San Francisco, both with a 1.5% drop in housing prices.
Boston, New York, Washington and Los Angeles remain the most expensive cities in the lower 48 states.
"The plunging collapse of prices seen in 2007-2009 seems to be behind us," says David M. Blitzer, Chairman of the Index Committee at S&P Indices. "Any chance for a sustained recovery will probably need a stronger economy."
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Chile: Couple dies defending home amid protests

SANTIAGO, Chile (AP) — An elderly couple whose family's vast landholdings have long been targeted by Mapuche Indians in southern Chile were killed in an arson attack early Friday while trying to defend their home. The president quickly flew to the scene and announced new security measures, including the application of Chile's tough anti-terrorism law and the creation of a special police anti-terror unit backed by Chile's military.
No one claimed responsibility for the attack, which some Mapuche Indians repudiated Friday as senseless and abhorrent. But Chile's interior minister said pamphlets condemning police violence and demanding the return of Mapuche lands were left at the scene. The presidentially appointed governor of the remote southern region of Araucania, Andres Molina, called the attackers "savages."
"This attack affects the entire country and causes gigantic damage, for the pain and the delays that it means for thousands of families who want to live in peace," Pinera said. "This government is united in its effort to combat terrorism that affects the region. We will not hesitate to apply the full weight of the law."
"It should be completely clear," Pinera added, "that this fight is not against the Mapuche people. It's with a minority of violent terrorists who must be fought with everything the law allows."
Werner Luchsinger, 75, fired a weapon in self-defense, and struck a man from the nearby Mapuche community of Juan Quintrupil before his home burned to the ground, regional police chief Ivan Bezmalinovic said.
Luchsinger's wife Vivian McKay called relatives for help during the attack, but when they arrived just 15 minutes later the house was already in flames and she didn't answer her phone, according to the victim's cousin, Jorge Luchsinger.
The attack began Thursday night as one of many political protests around Chile commemorating the death five years ago of Mapuche activist Matias Catrileo, who was shot in the back by an officer who served a minor sentence and then rejoined the police. The Indians scattered pamphlets related to the anniversary while on the Luchsinger property, Interior Minister Andres Chadwick said.
The victims' Lumahue ranch is just 16 miles (25 kilometers) from the spot where Catrileo was killed on Jan. 3, 2008.
Celestino Cordova Transito, 26, was detained near the scene early Friday. Police have him under arrest in a hospital in Temuco, where he was being treated for a gunshot wound in the neck, the chief said.
Gov. Molina said that Werner Luchsinger's gunshot, by enabling police to capture the wounded suspect, may help solve not only the couple's death but previous arson attacks as well.
"I want to thank Don Werner, because probably thanks to him we're closer to finding these savages who have done such damage to Araucania," he said.
Pinera also met briefly with the Luchsinger family as well as other local landowners next to the burned-out home, but Chile's El Mercurio said the meeting was cut short when some fled due to a false rumor that Mapuche activists were targeting their properties even as the president spoke. Other landowners shouted out in anger, asking for tougher security measures, and then briefly blocked the main highway in protest.
Jorge Luchsinger said earlier Friday that masked Indians have repeatedly attacked his and other relatives' properties as well, despite the considerable police presence in the area. "It's obvious that the authorities are completely overwhelmed," he told radio Cooperativa.
Many of Chile's Mapuche activist groups were silent Friday about the murders, repeating instead their complaints about continuing police violence of the kind that killed Catrileo years ago.
But Venancio Conuepan, who described himself as a law student who comes from a long line of Mapuche leaders, wrote an editorial Friday condemning the violence, rejecting the idea that armed conflict can win their demands, and calling for the killers to be identified and tried in court. He said the vast majority of the Mapuche people agree with him.
"Enough of people using violence in the name of the Mapuche people. Our grandfathers never covered their faces. The Mapuche created parliaments, and always put dialogue first," wrote Conuepan on Radio BioBio's web site, titling his editorial, "Although you don't believe me, I'm Mapuche and I'm not a Terrorist."
The Luchsinger family has been among the most outspoken in defending the property rights of the region's landowners against ancestral land claims by the Mapuche. But Jorge said his cousin had taken a lower profile and refused police protection.
Lorena Fries, the director of Chile's official Human Rights Institute, warned Friday against cracking down using the anti-terror law, which allows for holding suspects in isolation without charges, using secret witnesses and other measures that have been discredited by Chile's courts in previous cases of Mapuche violence. Instead, she said Pinera should reach out to the Indians, and honor their demands for self-governance and the recovery of ancestral land. "Something has to be done so that everyone puts an end to the violence," she said.
The Mapuches' demands for land and autonomy date back centuries. They resisted Spanish and Chilean domination for more than 300 years before they were forced south to Araucania in 1881. Many of the 700,000 Mapuches who survive among Chile's 17 million people still live in Araucania. A small fraction have been rebelling for decades, destroying forestry equipment and torching trees. Governments on the left and right have sent in police while offering programs that fall far short of their demands.
The Luchsinger family also arrived in Araucania in the late 1800s, from Switzerland, and benefited from the government's colonization policies for decades thereafter, becoming one of the largest landowners in Chile's Patagonia region. Their forestry and ranching companies now occupy vast stretches of southern Chile, and impoverished Mapuches live on the margins of their properties.
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Venezuela's Chavez fighting severe lung infection

CARACAS, Venezuela (AP) — Venezuelan lawmakers will meet Saturday in a session that could shed light on what steps may be taken if President Hugo Chavez is too sick to be sworn in for a new term next week.
Legislators will choose a president, two vice presidents and other leaders of the National Assembly, which is controlled by a pro-Chavez majority. Whoever is elected National Assembly president could end up being the interim president of Venezuela if Chavez is unable to be inaugurated on Thursday as scheduled.
Brewing disagreements over how to handle a possible transition of power also could be aired at the session, coming just five days before the scheduled inauguration day specified in the constitution. Chavez's health crisis has raised contentious questions ahead of the swearing-in, including whether the inauguration could legally be postponed.
The government revealed this week that Chavez is fighting a severe lung infection and receiving treatment for "respiratory deficiency" more than three weeks after undergoing cancer surgery in Cuba. The announcement suggests a deepening crisis for the 58-year-old president and has fed speculation that he likely is not well enough to travel to Caracas for the inauguration.
National Assembly President Diosdado Cabello called on Chavez backers to show up for the legislative session and demonstrate their support.
"This National Assembly is revolutionary and socialist. It will remain beside the people and our commander," Cabello said in one of several messages on his Twitter account. "If the opposition thinks it will find a space in the National Assembly to conspire against the people, it's mistaken once again. It will be defeated."
Opposition leaders have demanded that the government provide more specific information about Chavez's condition, and say a new election should be held within 30 days if the president doesn't return to Venezuela by inauguration day.
Some Chavez allies say the inauguration date is not a hard deadline, and argue that the president should be given more time to recover from his surgery if necessary.
Chavez hasn't spoken publicly or been seen since his Dec. 11 operation in Cuba. In a Thursday night update, the government for the first time described the president's respiratory infection as "severe," the strongest confirmation yet that Chavez is having serious trouble breathing after days of rumors about his condition worsening.
"Chavez has faced complications as a result of a severe respiratory infection. This infection has led to respiratory deficiency that requires Commander Chavez to remain in strict compliance with his medical treatment," Information Minister Ernesto Villegas said Thursday night, reading a statement on television.
The government's characterization raised the possibility that Chavez might be breathing with the assistance of a machine. But the government did not address that question and didn't give details of the president's treatment.
Independent medical experts consulted by The Associated Press said the government's account indicated a potentially dangerous turn in Chavez's condition, but said it's unclear whether he is attached to a ventilator.
"It appears he has a very severe pneumonia that he suffered after a respiratory failure. It is not very specific," said Dr. Alejandro Rios-Ramirez, a pulmonary specialist in Puerto Vallarta, Mexico.
Dr. Gustavo Medrano, a lung specialist at the Centro Medico hospital in Caracas, said he has seen similar cases in cancer patients who have undergone surgery, and "in general it's very bad, above all after a surgery like the one they performed on him."
"I don't know the magnitude of the infection he has, how much of his lungs have been compromised, how much other organs are being affected. That's not clear," Medrano said.
"What's most likely is that he's on mechanical ventilation," Medrano added. However, he said, while respiratory deficiency means there is an abnormally low concentration of oxygen in the blood, depending on the severity it can be treated in various ways.
Dr. Michael Pishvaian, an oncologist at Georgetown University's Lombardi Cancer Center in Washington, agreed that such respiratory infections can run the gamut from "a mild infection requiring antibiotics and supplemental oxygen to life-threatening respiratory complications."
"It could be a very ominous sign," Pishvaian said. He said it's possible Chavez could be on "life support," but added it's impossible to be sure without more details.
The government expressed confidence in Chavez's medical team and condemned what it called a "campaign of psychological warfare" in the international media regarding the president's condition. Officials have urged Venezuelans not to heed rumors about Chavez's condition.
Opposition leaders have blamed vague information coming from the government for the rumors, and demanded a full medical report.
The Venezuelan newspaper El Nacional criticized what it called an "information vacuum" in an editorial on Friday, saying Venezuelans are in the dark because "no one speaks clearly from the government." The newspaper called the situation reminiscent of secrecy that surrounded the deaths of Josef Stalin in the former Soviet Union and Mao Zedong in China.
State television repeatedly played video of a song in which rappers encourage Venezuelans to pray, saying of Chavez: "You will live and triumph." A recording of a speech by Chavez appears during the song, saying: "I will be with you always!"
Chavez has undergone four cancer-related surgeries since June 2011 for an undisclosed type of pelvic cancer. He also has undergone chemotherapy and radiation treatment.
He was re-elected in October to another six-year term, and two months later announced that the cancer had returned. Chavez said before the operation that if his illness prevented him from remaining president, Vice President Nicolas Maduro should be his party's candidate to replace him in a new election.
This week, Cabello and the president's elder brother Adan joined a parade of visitors who saw Chavez in Havana, and then returned to Caracas on Thursday along with Maduro.
Brazil's state-run Agencia Brasil news agency reported Friday that President Dilma Rousseff's top international adviser, Marco Aurelio Garcia, made a one-day visit to Cuba and spoke with Venezuelan and Cuban officials about Chavez's health. It was unclear if Garcia actually saw Chavez, or what day he visited Cuba.
Telephone calls placed after hours to Brazil's Foreign Ministry and presidential offices were not immediately answered.
The Venezuelan Constitution says the presidential oath should be taken Jan. 10 before the National Assembly. Government officials have raised the possibility that Chavez might not be well enough to do that, without saying what will happen if he can't. The constitution also says that if the president is unable to be sworn in before the National Assembly, he may take the oath office before the Supreme Court.
The constitution says that if a president or president-elect dies or is declared unable to continue in office, presidential powers should be held temporarily by the president of the National Assembly and a new election should be held within 30 days.
On the streets of Caracas, some of Chavez's supporters say they're still holding out hope he can recover.
"He's the only leader of the revolution," said Miriam Bolivar, who belongs to a grassroots pro-Chavez group. "We can't imagine life without him. He's our life. This is one more battle and we have faith that he'll come out it unscathed once again."
Other Chavez supporters say they're unsure what to believe about his condition and express misgivings about the president's lieutenants.
"We hope that what they're telling us is true," said Ricardo Maya, a supporter who was reading a newspaper in a city square. "Chavez has all my confidence. He always speaks the truth. I can't say the same about the people around him.
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Venezuela VP: Chavez can be sworn in by Court

CARACAS, Venezuela (AP) — Venezuelan President Hugo Chavez can take the oath of office for his next term before the Supreme Court at a later date if the ailing leader isn't fit to be sworn in next week, his vice president said.
Vice President Nicolas Maduro sent the strongest signal yet that the government may seek to postpone Chavez's inauguration as the 58-year-old president fights a severe respiratory infection more than three weeks after undergoing cancer surgery in Cuba.
Maduro's position in a televised interview on Friday night generated new friction between the government and opposition over the swearing-in, which the constitution says should occur Thursday before the National Assembly. Some opposition leaders have argued that if Chavez doesn't make it back to Caracas by that date, the president of the National Assembly should take over as interim president.
Such brewing disagreements were expected to be aired on Saturday as the National Assembly, which is controlled by a pro-Chavez majority, prepared to convene to choose its president and other legislative leaders.
Maduro's comments shed more light on potential scenarios. If the government succeeds in delaying the swearing-in and Chavez's condition improves, the president and his allies could have more time to plan an orderly transition and prepare for a new presidential election. If Chavez dies or is declared incapacitated, the constitution says that a new election should be called and held within 30 days.
The National Assembly president chosen on Saturday could end up being the country's interim president under some circumstances. Anyone elected by the Chavez-dominated legislature is expected to remain loyal to the president.
But Information Minister Ernesto Villegas reiterated on Saturday that Chavez is still in office, saying in comments reported by the state news agency that "Chavez has won a thousand battles and has reappeared when no one expected."
Speaking on television, Maduro held up a small blue copy of the constitution and read aloud passages as he argued that opponents were using erroneous interpretations to try to drive Chavez from power.
"They should respect our constitution," the vice president said. "The formality of his swearing-in can be resolved before the Supreme Court of Justice, at the time (the court) deems, in coordination with the head of state, Commander Hugo Chavez."
Maduro echoed other Chavez allies in suggesting the inauguration date is not a firm deadline, and that the president should be given more time to recover from his cancer surgery if needed.
"Maduro's comments are not surprising. The government holds all the cards in the current situation, particularly given the compassion for Chavez's serious illness. It has interpreted the constitution loosely, to its own political advantage," said Michael Shifter, president of the Inter-American Dialogue think tank in Washington. "In this way Maduro is able to buy some time, assert his authority and rally support within Chavismo. He puts the opposition on notice and throws it off balance."
Chavez was re-elected in October to another six-year term, and two months later announced that his pelvic cancer had returned. Chavez said before the operation that if his illness prevented him from remaining president, Maduro should be his party's candidate to replace him in a new election.
Maduro reiterated on Friday that the president is fighting a "complex" battle for his health but expressed hope that eventually, "we'll see him and we'll hear him."
"He has a right to rest and tranquility, and to recuperate," Maduro said. "The president right now is the exercising president. He has his government formed."
Maduro read a portion of the constitution detailing procedures for declaring an "absolute absence" of the president, which would trigger a new election within 30 days, and declared that "none of these grounds can be raised by the Venezuelan opposition."
The Venezuelan Constitution says the presidential oath should be taken Jan. 10 before the National Assembly. It also says that if the president is unable to be sworn in before the Assembly, he may take the oath before the Supreme Court, and some legal experts have noted that the sentence mentioning the court does not mention a date.
Others disagree. Ruben Ortiz, a lawyer and opposition supporter, argued that the inauguration date can't be postponed.
If Chavez is not in Caracas to be sworn in on Thursday, Ortiz said in a phone interview, "the president of the National Assembly should take charge." He added that "there is a formal separation between one term and the other."
Shifter said the opposition is on the defensive, with its only tactic being to insist that Jan. 10 is the established date.
"Chavez controls all the key institutions, and it's doubtful that most Venezuelans will get too upset about defying what seems a fairly minor constitutional provision," Shifter said. "Attacking the government because it has no objection to the Supreme Court swearing in Chavez after Jan. 10 is not exactly a winning political strategy for the opposition."
A delay also serves the government's purposes, Shifter said. "The government wants more time, whether to see if Chavez gets better, or to consolidate their ranks and further splinter and demoralize the opposition."
Chavez hasn't spoken publicly or been seen since his Dec. 11 operation. The government revealed this week that Chavez is fighting a severe lung infection and receiving treatment for "respiratory deficiency."
That account raised the possibility that he might be breathing with the assistance of a machine. But the government did not address that question or details of the president's treatment, and independent medical experts consulted by The Associated Press said the statements indicated a potentially dangerous turn in Chavez's condition, but said it's unclear whether he is attached to a ventilator.
Chavez has undergone four cancer-related surgeries since June 2011 for an undisclosed type of pelvic cancer. He also has undergone chemotherapy and radiation treatment.
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The Challenges of Launching an Encore Career

Many people dream about launching a second career in a field they have always wanted to try. But the transition into an encore career can be a long and costly process.
Most people earn a significantly lower amount of money (43 percent) or no money at all (24 percent) during the transition from one job to the next, according to a recent MetLife Foundation and Civic Ventures survey conducted by Penn Schoen Berland. The online survey of 253 adults between ages 44 and 70 who are currently in encore careers found that over half (57 percent) of these older workers had to tap their personal savings to make ends meet during the transition.
"That transition is not necessarily a very easy or a sure thing," says Jim Emerman, executive vice president of Civic Ventures. "The financial hardship of the transition, while not really surprising, really jumped out at us as one of the big challenges."
It often takes a significant amount of time for older workers to launch second careers. Three quarters of the survey respondents currently in encore careers experienced an employment gap of longer than 6 months. And a third (34 percent) of these older workers were unemployed for two or more years before they found another job. Some people used that time to volunteer (23 percent) or retrain by taking college courses (20 percent).
When Lisa Roger, 53, a former software engineering project director, was laid off in 2009, she faced a substantial reduction in income for about 14 months. She had to use her savings, collect unemployment benefits, and sign up for COBRA continuing health coverage to make ends meet. During the transition she participated in the Encore Hartford program in Storrs, Conn., a fellowship that helps experienced professionals transition to the nonprofit sector. She eventually found a new job as a family self-sufficiency services manager for the Norwalk Housing Authority. "Today I don't make nearly the salary that I did as a software engineer and I am ok with that," Roger says. "The work is incredibility rewarding. I know I am making a difference." The new job has caused her to reevaluate her retirement plans. "I used to feel that I was going to retire at a really early age, before 65," Roger says. "The career that I am in now, I see myself going beyond that because it is so rewarding."
Older workers are motivated to make a career change by a variety of financial and personal reasons. Insufficient income (28 percent) and inadequate savings (25 percent) were among the top reasons for making the switch. But realizing that some lifetime goals have yet to be fulfilled (28 percent) and a desire to make a bigger difference in the world (21 percent) also play a large role in decisions to move on to something new. Sometimes the transition is sparked by health problems (15 percent), an empty nest (11 percent), or hitting a specific age such as 50 (12 percent). Some people also speak of a spiritual calling into a new line of work (12 percent).
Most people switched into new jobs at for-profit businesses (22 percent) or nonprofit organizations (20 percent). Education (19 Percent), health care (15 percent), and government agencies (6 percent) are also popular second career choices. "Some people will work longer in their current jobs, whatever they are, and other people will want a change," says Emerman. Often the new job comes with shorter hours and a more flexible schedule. People in encore careers work an average of 30.5 hours per week, the Civic Ventures survey found.
Almost half of people who made a career change (47 percent) did so between ages 50 and 59. Only 3 percent of those surveyed changed careers at age 60 or older. The typical person in an encore career expects to continue working for an average of another 11 years and eventually retire at an average age of 69. They have an average of 24 years of work experience.
Many individuals need to keep working for the income (69 percent) and benefits (30 percent). Other people launch second careers to stay active and productive (58 percent), pursue a new challenge (6 percent), and because they simply enjoy the work (31 percent). Some older workers also want to give something back by helping others in the community (35 percent) and staying involved with other people (19 percent).
"People are living much longer and they are healthier, and so they want to stay engaged. People need and want and are able to work longer," says Emerman. "If people are out of work now or worried about their current job, the idea of a next career that combines continued financial security with personal satisfaction and something that they are passionate about is very strong."
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The Importance of Being Self-Reliant in Retirement

Most baby boomers are at various stages of preparing for retirement, depending on whether they were born at the beginning or end of their generation. The smart ones realize that effective planning starts well before retirement age. Important calculations need to be made to determine what it will take to survive financially throughout the retirement years. Post-work lifestyles and passions also need to be defined, and consideration for unexpected events should be taken into account whenever possible.
Counting on others to provide for us in our old age is a risky proposition. In the U.S., the ratio of working-age citizens between ages 15 and 64 supporting those over 64 is currently 5:1. By the year 2050 this ratio will drop to 3:1, according to United Nations data. In China things are even worse. They will move from the current 9:1 ratio to 3:1. And in Japan the ratio will be 1:1 in 2050.
It is important to rely on ourselves and our own resourcefulness. Society is changing to deal with the aging demographic with less generous pension plans, longer working hours, and an increase in the retirement age. Back in the 1980s, 38 percent of people had traditional pensions. By 2008 the number dropped to 20 percent. If a traditional pension will not be part of our retirement equation, we need to fill in the blank with other investments and savings alternatives.
Don't count on Social Security to foot your entire retirement bill either. With an average monthly amount of $1,230 paid at the beginning of 2012, it should only be viewed as a supplement to your other sources of retirement income. It is a piece of the puzzle, but should not be considered the entire solution.
Health demands and expenses will increase as we age. Fidelity estimates that a 65-year-old couple retiring in 2011 will need $230,000 to cover likely out-of-pocket medical expenses in retirement. And this estimate does not even include the cost of long-term care. Such burdens could prove catastrophic if we do not plan ahead with additional savings, health insurance, and long-term care coverage.
Most people approaching retirement would like the option to stay in their current home if they choose to and remain healthy enough to safely do so. Paying down your mortgage over the years provides flexibility, and the equity can be available for emergencies. Whether a decision is made to stay in the existing home or sell, having the option empowers senior citizens.
Remaining independent in retirement requires planning ahead, realistically evaluating your situation, and taking appropriate action to provide for your retirement needs. You can't count on the government or your former employer to finance your retirement years. It's something you need to take care of yourself.
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World's biggest Titanic attraction opens in Belfast

The largest Titanic visitor attraction in the world opened in the ship's Belfast birthplace on Saturday, some 100 years after the doomed liner was built in the same yards.
Almost 100,000 tickets for Titanic Belfast, a striking aluminium-clad building which tells the famous ship's story through special effects, interactive screens and a ride, have been sold ahead of the opening.
Organisers hope the £97 million ($155 million, 116 million euro) centre can boost tourism in the British province, which was torn apart by sectarian strife for three decades until the late 1990s.
"We want to bring people to Northern Ireland not just to see what a generation 100 years ago were able to achieve, but what this generation can achieve in this new era of peace," said First Minister Peter Robinson.
Cyril Quigley, a 105-year-old who watched the Titanic's launch more than a century ago, joined the province's leaders at the opening of the building, which takes the form of four of the ship's huge prows.
"All I saw was this big thing sliding out into the water," Quigley said as he recalled watching with his parents. "I was only four and half."
Quigley said the new centre, which rose from the derelict Harland and Wolff shipyard, was "wonderful".
"I often thought they would make another plastic ship here and have it as a restaurant or something, but this is fantastic," he said. "It's like our Sydney Opera House."
The biggest, most ambitious ship of the age hit an iceberg on its maiden voyage across the Atlantic Ocean from Southampton to New York, sinking on April 15, 1912. Of the 2,224 people aboard, 1,514 perished.
Organisers hope the six-storey Titanic Belfast, which also features a banqueting space containing a replica of the ship's grand staircase, will attract 425,000 visitors in its first year, including many from Asia.
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Detained Nigerian newspaper journalists released

LAGOS, Nigeria (AP) — An official says two Nigerian journalists have been freed after being detained without charges for more than a week by the nation's secret police following writing stories about a radical Islamist sect and alleged military abuses.
Mohammed Garba, president of the Nigerian Union of Journalists, said Tuesday that Musa Mohammed Awwal and Aliyu Saleh, journalists with the weekly Hausa language newspaper, Al-Mizan, were freed around noon. Garba said the two men had not been abused or mistreated while in custody. He said the two men may have to return for questioning again by Nigeria's secretive State Security Service.
The two journalists were arrested Dec. 24 at their homes in Kaduna. Their newspaper has published a series of stories about alleged military abuses and the sect known as Boko Haram.
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C. African Republic capital fears rebel attack

BANGUI, Central African Republic (AP) — Kpademona Marcel and other residents of the capital of Central African Republic have watched in fear as rebels from the country's north seized control of more than half the country in less than a month. On Tuesday, all he could do was pray that a solution to the crisis could be found without the violence reaching Bangui.
"We are afraid for our nation and for our fellow citizens in the countryside," Marcel said, standing on the steps of the Notre Dame cathedral before a New Year's Day Mass. "The rebels are imposing themselves on the population and stealing things. We are here praying for peace."
As a new year began, the fate of the capital with 700,000 people, remained unclear. Government forces backed by a regional multinational force held a line in Damara, just 75 kilometers (45 miles) from Bangui. The rebels hold the city of Sibut, about 185 kilometers (115 miles) from Bangui.
While President Francois Bozize, after nearly a decade in power, has proposed a coalition government to include the rebels, a spokesman for the alliance of rebel groups advancing through the country said Monday they did not trust his offer. Former colonial power France already has said it will not protect Bozize's regime and has about 600 troops in the country just to protect its own interests.
Trucks full of soldiers bounced on the rutted roads of Bangui that are dotted with shacks where people can charge their mobile phones. Police officers stopped vehicles at intersections in another sign of stepped up security in this capital at the heart of Africa where even the banana and palm tree leaves are coated in heavy red dust from the earth.
Troops from neighboring nations arrived in the country, with a contingent from Gabon expected Tuesday. Their arrival comes a day after about 120 soldiers flew in from Republic of Congo with a mission to help stabilize the area between rebels and the government forces.
The political instability already has prompted the United States government to evacuate its ambassador and about 40 other people. There have been no mass civilian evacuations from the capital, though many residents have temporarily relocated to the southern side of Bangui, considered further from the path of a potential rebel invasion arriving from the north.
One woman in Bangui said she knew many people who already had fled the city but said she had too many family members to leave herself.
"I have five children and two grandchildren. I prefer to stay here and die with my children if it comes to that," she said, giving her name only as Lucienne.
In the Bimbo neighborhood, traders went about their business, selling everything from leafy greens to meat at roadside stands.
"We don't support what the rebels are doing," said banana farmer Narcisse Ngo, as a young boy played nearby with a monkey corpse for sale along with other meat. "They should be at the table negotiating without weapons. We are all Central Africans."
The landlocked nation of 4.4 million people is rich in diamonds, gold and uranium and yet remains one of the poorest countries in the world. Central African Republic has suffered many army revolts, coups and rebellions since gaining independence from France in 1960.
The rebels behind the current instability signed a 2007 peace accord allowing them to join the regular army, but insurgent leaders say the deal wasn't fully implemented and has made a variety of demands including payments to former combatants.
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Stampede after fireworks kills 61 in Ivory Coast

ABIDJAN, Ivory Coast (AP) — A crowd stampeded after leaving a New Year's fireworks show early Tuesday in Ivory Coast's main city, killing 61 people — many of them children and teenagers — and injuring more than 200, rescue workers said.
Thousands had gathered at the Felix Houphouet Boigny Stadium in Abidjan's Plateau district to see the fireworks. It was only the second New Year's Eve fireworks display since peace returned to this West African nation after a bloody upheaval over presidential elections put the nation on the brink of civil war and turned this city into a battle zone.
With 2013 showing greater promise, people were in the mood to celebrate on New Year's Eve. Families brought children and they watched the rockets burst in the nighttime sky. But only an hour into the new year, as the crowds poured onto the Boulevard de la Republic after the show, something caused a stampede, said Col. Issa Sako of the fire department rescue team. How so many deaths occurred on the broad boulevard and how the tragedy started is likely to be the subject of an investigation.
Many of the younger ones in the crowd went down, trampled underfoot. Most of those killed were between 8 and 15 years old
"The flood of people leaving the stadium became a stampede which led to the deaths of more than 60 and injured more than 200," Sako told Ivory Coast state TV.
Desperate parents went to the city morgue, the hospital and to the stadium to try to find missing children. Mamadou Sanogo was searching for his 9-year-old son, Sayed.
"I have just seen all the bodies, but I cannot find my son," said a tearful Sanogo. "I don't know what to do."
State TV showed a woman sobbing in the back of an ambulance; another was bent over on the side of the street, apparently in pain; and another, barely conscious and wearing only a bra on her upper body, was hoisted by rescuers. There were also scenes of small children being treated in a hospital. One boy grimaced in pain and a girl with colored braids in her hair lay under a blanket with one hand bandaged. The death toll could rise, officials said.
After the sun came up, soldiers were patrolling the site that was littered with victims' clothes, shoes, torn sandals and other belongings. President Alassane Ouattara and his wife Dominique visited some of the injured in the hospital. Mrs. Ouattara leaned over one child who was on a bed in a crowded hospital ward and tried to console the youngster. The president pledged that the government would pay for their treatment, his office said.
The government organized the fireworks to celebrate Ivory Coast's peace, after several months of political violence in early 2011 following disputed elections.
This is not Ivory Coast's first stadium tragedy. In 2009, 22 people died and over 130 were injured in a stampede at a World Cup qualifying match at the Houphouet Boigny Stadium, prompting FIFA, soccer's global governing body, to impose a fine of tens of thousands of dollars on Ivory Coast's soccer federation. The stadium, which officially holds 35,000, was overcrowded at the time of the disaster.
A year later, two people were killed and 30 wounded in a stampede at a municipal stadium during a reggae concert in Bouake, the country's second-largest city. The concert was organized in the city, held by rebels at the time, to promote peace and reconciliation.
Ivory Coast is the world's largest cocoa producer, growing more than 37 percent of the world's annual crop of cocoa beans, which are used to make chocolate.
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Angola: Stampede kills 10 at religious gathering

JOHANNESBURG (AP) — Angolan media say 10 people, including four children, have died in a stampede during a religious gathering at a sports stadium in Luanda, the Angolan capital.
Angop, the Angolan news agency, cited officials as saying Tuesday that 120 people were also injured. The incident happened on New Year's Eve when tens of thousands of people gathered at the stadium and panic ensued. Faustino Sebastiao, spokesman for the national firefighters department, says those who died were crushed and asphyxiated.
The event in the southern African nation was organized by the Universal Church of the Kingdom of God, an evangelical group founded in Brazil.
In western Africa, a crowd in Ivory Coast stampeded after leaving a New Year's fireworks show early Tuesday, killing 61 people and injuring more than 200.
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South Africa: Mandela rests at home

JOHANNESBURG (AP) — South Africa's presidency says former leader Nelson Mandela is progressing with his recuperation from illness and doctors are closely monitoring his condition.
Presidential spokesman Mac Maharaj said Wednesday that "everything is moving OK" as 94-year-old Mandela rests at his home in Johannesburg after a hospital stay last month.
The former president received treatment for a lung infection and also had gallstones removed.
Maharaj says Mandela is "taking it easy" and is under "close medical attention."
Mandela spent 27 years in prison under apartheid and became South Africa's first black president in democratic elections in 1994.
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US home sales rise 2.1 percent in October

WASHINGTON (AP) — U.S. sales of previously occupied homes rose solidly in October, helped by improvement in the job market and record-low mortgage rates.
The increase along with a jump in homebuilder confidence this month suggests the housing market continues to recover.
The National Association of Realtors said Monday that sales rose 2.1 percent to a seasonally adjusted annual rate of 4.79 million. That's up from 4.69 million in September, which was revised lower.
The sales pace is roughly 11 percent higher than a year ago. But it remains below the more than 5.5 million that economists consider consistent with a healthy market.
As the economy slowly recovers, more people have started looking to buy homes or rent apartments. Prices are steadily climbing, while mortgage rates have been low all year. At the same time, rents are rising, making the purchase of a single-family home or condominium more attractive.
"Altogether, the report is encouraging," said Michael Gapen, an economist at Barclays Capital. "Our view is that housing is in a recovery phase," he added, though it will be restrained by limited credit and modest job gains.
A separate report Monday showed confidence among homebuilders rose this month to its highest level in six and a half years. The increase was driven by strong demand for newly built homes and growing optimism about conditions next year.
The National Association of Home Builders/Wells Fargo builder sentiment index increased to 46, up from 41 in October. Readings below 50 suggest negative sentiment about the housing market. The index last reached that level in April 2006. Still, the index has been trending higher since October 2011, when it stood at 17.
The Realtors' group said Superstorm Sandy delayed some sales of previously occupied homes in the Northeast. Sales fell 1.7 percent there, the only region to show a decline. Those sales will likely be completed in future months, the group said.
The median price for previously occupied homes increased 11.1 percent from a year ago to $178,600, the Realtors' said.
A decline in the number of homes available for sale is helping push prices higher. There were only 2.14 million homes available for sale at the end of the month, the lowest supply in 10 years. It would take only 5.4 months to exhaust that supply at the current sales pace. That's the lowest sales-to-inventory ratio since February 2006.
Prices are also benefiting from the mix of homes being sold. Sales of homes priced at $500,000 and above have jumped more than 40 percent in the past year. Sales of homes and condominiums that cost less than $100,000 fell 0.6 percent.
There have been other positive signals from the housing market. Applications for mortgage loans to buy homes jumped 11 percent in the week ended Nov. 9, compared with a week earlier, the Mortgage Bankers' Association said last week. Purchase applications are up 22 percent in the past year.
Foreclosures are slowing. The number of properties that began the foreclosure process in the first 10 months of the year fell 8 percent compared with the same period last year, RealtyTrac said last week.
And builders broke ground on new homes and apartments at the fastest pace in more than four years in September. The jump could help boost the economy and hiring.
Still, the market has a long way back to full health. Many potential home buyers cannot meet stricter lending standards or produce larger down payments required by banks.
That can be a particular problem for first-time homebuyers. They accounted for 31 percent of sales in October, down slightly from September and below the 40 percent that is common in a healthy market.
Federal Reserve Chairman Ben Bernanke said Thursday that banks' overly tight lending standards may be preventing sales and holding back the U.S. economy.
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News Summary: US home sales rise 2.1 pct. in Oct.

SALES RISE: U.S. sales of previously occupied homes rose moderately in October, helped by improvement in the job market and record-low mortgage rates. Sales rose 2.1 percent in October to a seasonally adjusted annual rate of 4.79 million according to the National Association of Realtors.
INVENTORIES: A decline in housing inventory is helping push prices higher. There were only 2.14 million homes available for sale at the end of the month, the lowest in 10 years.
GAINS LIKELY TO CONTINUE: As the economy slowly recovers, more people have started looking to buy homes or rent apartments. Mortgage rates are at record lows and rents are rising. That makes buying a home more attractive.
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News Summary: US 30-yr mortgage rate at record low

RATES AT RECORD LOW: Average U.S. mortgage rates fell to fresh record lows this week, a trend that is boosting home sales.
THE NUMBERS: Mortgage buyer Freddie Mac said the average 30-year loan rate dipped to 3.31 percent, the lowest on records dating back to 1971. The average on the 15-year fixed mortgage dropped to 2.63 percent, also a record.
HOUSING RECOVERY: Home sales and construction are rising, providing a much-needed boost to the economy. Lower rates have also persuaded more people to refinance. That usually leads to lower monthly mortgage payments and more consumer spending.
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Retirement Savings Plan Reality: Save More

There's a buzz building in California over a state move to create a retirement savings plan for private employees with no workplace 401k. It might seem that everyone has plenty of access to a retirement savings plan, but at least a third of U.S. households get to retirement with just Social Security to back them up, reports MarketWatch.
The "pioneering" part of such a retirement savings plan would be the opt-out clause. Under the California plan, which has to get past some federal rules and IRS hurdles, eligible workers would be automatically registered with the plan at a deduction rate of 3% of pay. They would have to choose to quit the plan, although of course they could instead choose to increase the takeout.
The enforced deductions requirement of a good retirement savings plan is backed by research from Harvard and the University of Copenhagen. According to the research, giving people a tax break encourages them to save, but not much. Using data from Denmark, which is similar to the U.S. system but offers more detail, academics found that tax subsidies worth $1 raised the national savings rate by a penny.
More On Forbes: 25 Best Places For A Working Retirement
That's not much bang for a buck. Meanwhile, previous research found that an automatic retirement savings plan, such as the proposed California "opt-out" model, is very effective at raising savings rates.
The reason, the researchers conclude, is that only about 15% of people in the system are active savers, that is, people who think about retirement and how much money it will take to achieve that goal. The remainder, a whopping 85%, are totally passive savers. They will save if obligated but make no concrete plan regarding their life after work.
All of this would be quite the revelation, except that private pensions have a long and quite well-documented history, starting back in 1980 in Chile. Under reforms instituted by the military regime of the time, anyone with a formal job in the South American country is required to pay 10% beyond a minimum monthly income level. There is an income tax break, too, on retirement savings plan contributions, which can be up to 20%.
More On Forbes: Do You Have Enough Money To Retire
The Chilean system was reformed in 2008 to create a bigger safety net for the poor, essentially granting public pensions to those who did not earn enough to participate in the private system. Currently, 13 countries have either private or quasi-mandatory pension systems, reports the OECD.
All pension plans fall into two categories, defined benefit or defined contribution (DC). A defined benefit plan puts the burden on future taxpayers to meet a minimum payout, which is essentially how Social Security works in the United States. A defined contribution retirement savings plan, the basis for private pension systems such as a 401k, means it's up to savers to put enough away and to invest and manage their savings carefully over decades.
Your retirement savings plan
As the OECD notes, "the starting point for a successful DC plan is a sufficiently high contribution rate." Put another way, depending on the market to deliver miracles is a mistake, but a similarly large (and common) mistake is believing that setting aside pennies in a retirement savings plan will add up to big dollars down the line.
The agency concludes:
In DC pension systems, one clear goal for policymakers should be to improve the design of default investment strategies so that investment risk is reduced as the worker approaches retirement. Such lifecycle investment strategies may need to be carefully regulated to ensure that workers are offered sufficient diversification and protection from market shocks in old age.
Amen and hallelujah, we say. Whatever the outcome in California, two points about a proper retirement savings plan by now should be impressively clear to everyone: You need to save more, sooner, and you absolutely must have a serious, long-term investment plan to protect and grow that nest egg over time.
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US home sales surge to highest level in 3 years

WASHINGTON (AP) — U.S. sales of previously occupied homes jumped to their highest level in three years last month, bolstered by steady job gains and record-low mortgage rates. The report was the latest sign of a sustained recovery in the housing market.
The National Association of Realtors said Thursday that sales rose 5.9 percent to a seasonally adjusted annual rate of 5.04 million in November. That's up from 4.76 million in October.
Previously occupied home sales are on track for their best year in five years. November's sales were the highest since November 2009, when a federal tax credit that was soon to expire spurred sales. Excluding that month, last month's sales were the highest since July 2007.
Sales are up 14.5 percent from a year ago, though they remain below the roughly 5.5 million that are consistent with a healthy market.
"The report is encouraging, and the positive momentum established in the housing market during 2012 appears likely to continue into 2013," Michael Gapen, an economist at Barclays Capital, said in an email.
Superstorm Sandy delayed some sales in the Northeast, the Realtors' group said. Those delayed purchases will likely close in the coming months, though the increase will be modest, the group said.
Even so, sales rose 6.9 percent in the Northeast last month compared with October. Sales increased 7.2 percent in the Midwest, 7.9 percent in the South and 0.8 percent in the West.
Job growth and low home-loan rates have helped drive purchases. Prices are also rising, which encourages more potential buyers to come off the sidelines and purchase homes. And more people may put their homes on the market if they feel confident they can sell at a good price.
In addition, the excess supply of homes that built up during the housing bubble has finally thinned out. The number of previously occupied homes available for sale fell to nearly an 11-year low in November. The supply of new homes is also near its lowest level since 1963.
At the current sales pace, it would take 4.8 months to exhaust the supply of homes for sale. That's the shortest such span since September 2005.
At the same time, more people are looking to buy or rent a home after living with relatives or friends during and immediately after the Great Recession.
As low supply and rising demand push up prices, builders will likely be encouraged to start work on more homes in coming months, economists said.
"That's a good reason to feel optimistic about housing next year," said Patrick Newport, an economist at IHS Global Insight. "We just don't have enough homes right now, and we need to start building."
Builder confidence rose in December for a seventh straight month to the highest level in more than 6½ years, according to a survey released Tuesday by the National Association of Home Builders/Wells Fargo.
The pace of home construction slipped in November, but it was still nearly 22 percent higher than a year earlier. Builders are on track this year to start work on the most homes in four years.
Economists note that the increase in building should lead to more construction jobs, though it hasn't yet done so. That could mean more construction hiring is coming.
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Ms. Mac: 'Cute, Awkwardly Dressed'

Designer: PabloDeLaRocha.com, BlueStacks
She has freckles, a normal-sized head, wears t-shirts and jeans. She is also "awkwardly dressed" and "pretty cute." She is the average female Mac user, according to an infographic complied and released by software start-up BlueStacks.
The company, which makes software that allows Android apps to run on computers, just released a new version of its Mac app. Install the program and you can access Android apps right from Apple's OS X operating system - Angry Birds, Instagram, all your favorites.
But the company didn't want to just release the software. In honor of the announcement, it created an infographic based on data from its Facebook users about what Ms. Mac looks like.
According to the graphic, which you can view below, 27 percent of female Mac users have long hair, 48 percent wear glasses and 52 percent are under 20. Forty percent use Mac OS X Lion, 14 percent OS X Mountain Lion, 20 percent OS X Leopard, and 8 percent Snow Leopard.
However, you should take these findings with a grain of salt; they are based primarily on responses from BlueStacks' 1.1 million Facebook fans. Some of it is based on data from Nielsen, but BlueStacks confirmed that the majority of the information was pulled from its own users and its social media fans.
"We have a lot of early adopter fans who were into helping," BlueStacks VP of marketing, John Gargiulo, told ABC News. "We also hired a data scientist who has been parsing through the data and talking with people who use BlueStacks. We like to do things that are a bit fun and different."
BlueStacks created a similar infographic about Android users last year. Not surprisingly, 70 percent of male Android users wear t-shits and 62 percent wear jeans. (It's like that line from that '90s movie "Can't Hardly Wait": "He is sort of tall, with hair and wears t-shirts sometimes.")
Regardless, if you're looking for a fun infographic / full body image of the alleged Ms. Mac 2012, you can click the image below.
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Makers of $99 Android-Powered Game Console Ship First 1,200 'Ouyas'

Like Nintendo's Wii U game console, the Ouya (that's "OOH-yuh") has an unusual name and even more unusual hardware. The console is roughly the size of a Rubik's cube, and is powered by Android, Google's open-source operating system that's normally found on smartphones and tablets.
Ouya's makers, who are preparing the console for its commercial launch, encourage interested gamers to pop the case open and use it in electronics projects ... or even to write their own games for it. Especially if they're among the 1,200 who are about to receive their own clear plastic Ouya developer consoles.
Not exactly a finished product
The limited-edition consoles, which have been shipped out to developers already, are not designed for playing games on. They don't even come with any.
Rather, the point of these consoles is so that interested Android developers can write games for the Ouya, which will then be released to gamers when the console launches to the public. Fans who pledged at least $1,337 to Ouya's record-breaking Kickstarter project will get one, and while they're not quite suited for playing games on -- "we know the D-pad and triggers on the controller still need work," Ouya's makers say -- the clear plastic developer consoles serve as a preview of what the finished product will look like, and a reminder of Ouya's "openness."
You keep using that word ...
In the food and drug industries, terms like "organic" and "all-natural" are regulated so that only products which meet the criteria can have them on their labels. In the tech world, however, anyone can claim that their product is "open," for whatever definition of "open" they like.
The term was popularized by the world's rapid adoption of open-source software, like Android itself, where you're legally entitled to a copy of the programming code and can normally use it in your own projects (like Ouya's makers did). But when tech companies say that something is "open," they don't necessarily mean that the code or the hardware schematics use an open-source license.
How Ouya is "open"
Ouya's makers have released their ODK, or developer kit, under the same open-source license as Android itself. This allows aspiring game developers to practice their skills even without a developer console, and to improve the kit however they want. The hardware itself is currently a "closed" design, however, despite the clear plastic case. The makers have expressed enthusiasm for the idea of hardware hackers using it in projects, and have said, "We'll even publish the hardware design if people want it," but so far they haven't done so.
What about the games?
The most relevant aspect of "openness" to normal gamers is that Ouya's makers say "any developer can publish a game." This model is unusual for the console world, where only select studios are allowed to publish their wares on (for instance) the PlayStation Network, but is more familiar to fans of the anything-goes Google Play store for Android. Several big-name Android developers -- including console game titan Square-Enix -- have already signed up to have their wares on the Ouya.
Preordered Ouya game consoles (the normal ones, not the developer edition) will ship in April. They will cost $99 once sales are opened to the general public.
Jared Spurbeck is an open-source software enthusiast, who uses an Android phone and an Ubuntu laptop PC. He has been writing about technology and electronics since 2008.
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