Wall Street Week Ahead: Attention turns to financial earnings

NEW YORK (Reuters) - After over a month of watching Capitol Hill and Pennsylvania Avenue, Wall Street can get back to what it knows best: Wall Street.

The first full week of earnings season is dominated by the financial sector - big investment banks and commercial banks - just as retail investors, free from the "fiscal cliff" worries, have started to get back into the markets.

Equities have risen in the new year, rallying after the initial resolution of the fiscal cliff in Washington on January 2. The S&P 500 on Friday closed its second straight week of gains, leaving it just fractionally off a five-year closing high hit on Thursday.

An array of financial companies - including Goldman Sachs and JPMorgan Chase - will report on Wednesday. Bank of America and Citigroup will join on Thursday.

"The banks have a read on the economy, on the health of consumers, on the health of demand," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey.

"What we're looking for is demand. Demand from small business owners, from consumers."

EARNINGS AND ECONOMIC EXPECTATIONS

Investors were greeted with a slightly better-than-anticipated first week of earnings, but expectations were low and just a few companies reported results.

Fourth quarter earnings and revenues for S&P 500 companies are both expected to have grown by 1.9 percent in the past quarter, according to Thomson Reuters I/B/E/S.

Few large corporations have reported, with Wells Fargo the first bank out of the gate on Friday, posting a record profit. The bank, however, made fewer mortgage loans than in the third quarter and its shares were down 0.8 percent for the day.

The KBW bank index <.bkx>, a gauge of U.S. bank stocks, is up about 30 percent from a low hit in June, rising in six of the last eight months, including January.

Investors will continue to watch earnings on Friday, as General Electric will round out the week after Intel's report on Thursday.

HOUSING, INDUSTRIAL DATA ON TAP

Next week will also feature the release of a wide range of economic data.

Tuesday will see the release of retail sales numbers and the Empire State manufacturing index, followed by CPI data on Wednesday.

Investors and analysts will also focus on the housing starts numbers and the Philadelphia Federal Reserve factory activity index on Thursday. The Thomson Reuters/University of Michigan consumer sentiment numbers are due on Friday.

Jim Paulsen, chief investment officer at Wells Capital Management in Minneapolis, said he expected to see housing numbers continue to climb.

"They won't be that surprising if they're good, they'll be rather eye-catching if they're not good," he said. "The underlying drive of the markets, I think, is economic data. That's been the catalyst."

POLITICAL ANXIETY

Worries about the protracted fiscal cliff negotiations drove the markets in the weeks before the ultimate January 2 resolution, but fear of the debt ceiling fight has yet to command investors' attention to the same extent.

The agreement was likely part of the reason for a rebound in flows to stocks. U.S.-based stock mutual funds gained $7.53 billion after the cliff resolution in the week ending January 9, the most in a week since May 2001, according to Thomson Reuters' Lipper.

Markets are unlikely to move on debt ceiling news unless prominent lawmakers signal that they are taking a surprising position in the debate.

The deal in Washington to avert the cliff set up another debt battle, which will play out in coming months alongside spending debates. But this alarm has been sounded before.

"The market will turn the corner on it when the debate heats up," Prudential Financial's Krosby said.

The CBOE Volatility index <.vix> a gauge of traders' anxiety, is off more than 25 percent so far this month and it recently hit its lowest since June 2007, before the recession began.

"The market doesn't react to the same news twice. It will have to be more brutal than the fiscal cliff," Krosby said. "The market has been conditioned that, at the end, they come up with an agreement."

(Reporting by Gabriel Debenedetti; editing by Rodrigo Campos)

Read More..

Durant's 42 helps send Lakers to 6th straight loss

LOS ANGELES (AP) — Kevin Durant hit a 3-pointer in the final second of the first half and did a full reverse somersault to celebrate a 16-point lead. The Thunder were running the Lakers out of their own building, and not even Kobe Bryant could stop them.

Oklahoma City is again clearly among the best teams in the Western Conference, and the struggling Lakers may not have enough time left in the season to join them.

Durant scored a season-high 42 points, Russell Westbrook had 27 points and 10 assists, and Oklahoma City easily sent the short-handed Lakers to their sixth straight loss, 116-101 on Friday night.

Kevin Martin scored 15 points and hit three 3-pointers for the Thunder, who romped to a 27-point lead in the second half. Oklahoma City has won seven of nine, while Los Angeles is on its longest skid since March 2007 while playing without injured stars Dwight Howard and Pau Gasol.

Oklahoma City (28-8) matched the Clippers for the NBA's best record — and the Thunder made it look easy with a virtuoso game from Durant, who had 38 points midway through the third quarter.

"Coming in here, it's tough to win no matter what," Durant insisted after the Thunder coasted down the stretch. "We did a great job of just playing together at both ends of the floor all night and not taking those guys lightly. They've got two of the best players in the world out, so we just wanted to come out and have a good game."

They had a bit more than a good game. Durant hit four 3-pointers and his usual array of athletic shots whenever he wanted, while Westbrook finished three rebounds shy of a triple-double while playing less than 35 minutes.

The Thunder only had three scorers in double figures, but that was more than enough.

Westbrook, a Los Angeles native, has little sympathy for the Lakers.

"They're not done. They have a lot more games left, and I'm pretty sure they're going to find a way to get it together," Westbrook said. "Our job is to worry about our team and our organization. It wasn't easy. I just think we did a good job of playing team basketball defensively, and it showed. Kevin took control most of the game."

The Lakers (15-21) hadn't lost this many consecutive games since the year before they acquired Gasol and embarked on a run to three straight NBA finals. With Cleveland and Milwaukee visiting over the next four days, the Lakers have a chance to get competitive again — but they're facing an uphill climb just to get into playoff contention.

"I told the team, the biggest thing is our season starts Sunday," coach Mike D'Antoni said. "We've got to make a run. We've got one shot at it, and everybody needs to get ready mentally and physically. From there on, we can't make any more false steps. That's just how it is. We put ourselves in this ditch, and we're the only ones that can get it out, and hopefully we can get some guys back and start our season Sunday."

Bryant scored 28 points and Antawn Jamison added 19 against Oklahoma City, but Los Angeles looked lost and overmatched in its third straight game without Howard and Gasol.

The Thunder eliminated Bryant and the Lakers from last season's playoffs in five games, and Los Angeles has shown few signs of being able to compete with the defending conference champions this season. Injuries aren't the only problem, but Howard likely is out for at least another week with a shoulder injury, while Gasol still hasn't been cleared to return from his concussion.

"We're just very frustrated and upset about what we're going through right now, and how we're playing," Bryant said. "We're going to have to make some big adjustments if we're going to be successful. We gave up about 120 points tonight, and a lot of them were just layups and easy looks at the rim."

Steve Nash had seven points and seven assists in a quiet 30 minutes for the Lakers, who announced during the second quarter that backup big man Jordan Hill likely needs season-ending surgery on his left hip. Metta World Peace added 12 points, going 1 for 9 on 3-point attempts.

"We showed some fight, but we just were a little overmatched," Nash said. "They're bigger than us at almost every position. Kevin got hot, and we couldn't contain him in the second quarter. As the game wore on, I just think the difference in depth and quality took over."

NOTES: Before the game, Bryant and his wife, Vanessa, announced they've called off their divorce proceedings. Vanessa Bryant filed for divorce in December 2011. ... The teams meet again at Staples Center on Jan. 27. Oklahoma City also visits to face the Clippers on Jan. 22. ... Charlize Theron, Adam Sandler, Robin Thicke, Floyd Mayweather Jr., Mehmet Oz and Chad Johnson watched the game from courtside.

Read More..

California cold snap threatens citrus crop, strands motorists

LOS ANGELES (Reuters) – An Arctic air mass sent temperatures plunging across California, forcing the 17-hour closure of a key interstate highway through the mountains north of Los Angeles and threatening citrus crops in the state’s vast central valleys, authorities said on Friday.

Temperatures throughout the state fell by as much as 20 degrees Fahrenheit (11 degrees Celsius) below normal, allowing snow to accumulate at elevations as low as 1,500 feet, the National Weather Service reported.

Although no further snow was expected to fall over the weekend, temperatures were expected to continue to drop on Saturday before gradually warming into next week, the weather service said.

About 4 inches of snow fell on Thursday on a winding stretch of the Interstate 5 known as the Grapevine, which passes through mountains between Los Angeles and Bakersfield, prompting authorities to shut down the north-south artery for 17 hours beginning Thursday afternoon.

Stranded motorists packed motels on either side of the Grapevine overnight. California Highway Patrol officers reopened the roadway at about 9 a.m. local time on Friday and began escorting cars along the treacherous route, CHP Officer Mike Harris said.

Precise weather conditions along the Grapevine during the freeze were not recorded, but neighboring areas posted temperatures in the mid-20s Fahrenheit, said Stuart Seto, a forecaster for the National Weather Service.

In the San Joaquin Valley, a major agricultural area, low temperatures in the teens threatened to kill citrus crops, which are in danger of perishing whenever the mercury falls below 28 degrees, said meteorologist Jeff Barlow said.

The Weather Service alerted farmers to the danger so they could take precautions, but there may still be a heavy loss.

“They won’t be able to save all of the crops,” Barlow said. “This is going to be a pretty significant freeze event for the central California citrus crops.”

In normally temperate San Diego, temperatures were expected to reach 39 degrees on Friday night, closer to the record low of 34 degrees set in 1888 than the normal 59 degrees, said Robert Balfour, a National Weather Service forecaster.

“The rest of the country is probably laughing at us, saying, ‘You call that cold?’” Balfour said.

(Reporting and writing by Brandon Lowrey; Editing by Steve Gorman and Marguerita Choy)

Weather News Headlines – Yahoo! News

Title Post: California cold snap threatens citrus crop, strands motorists
Url Post: http://www.news.fluser.com/california-cold-snap-threatens-citrus-crop-strands-motorists/
Link To Post : California cold snap threatens citrus crop, strands motorists
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment

Read More..

Saudi execution: Brutal and illegal?

STORY HIGHLIGHTS

• Saudi authorities beheaded Rizana Nafeek, a Sri Lankan woman


• She was convicted of killing a baby of the family employing her as a housemaid


• This was despite Nafeek's claims that the baby died in a choking accident


• Becker says her fate "should spotlight the precarious existence of domestic workers"

Jo Becker is the Children's Rights Advocacy Director for Human Rights Watch and author of 'Campaigning for Justice: Human Rights Advocacy in Practice.' Follow Jo Becker on Twitter.

(CNN) -- Rizana Nafeek was a child herself -- 17 years old, according to her birth certificate -- when a four-month-old baby died in her care in Saudi Arabia. She had migrated from Sri Lanka only weeks earlier to be a domestic worker for a Saudi family.

Although Rizana said the baby died in a choking accident, Saudi courts convicted her of murder and sentenced her to death. On Wednesday, the Saudi government carried out the sentence in a gruesome fashion, by beheading Rizana.

Jo Becker

Read more: Outrage over beheading of Sri Lankan woman by Saudi Arabia

Rizana's case was rife with problems from the beginning. A recruitment agency in Sri Lanka knew she was legally too young to migrate, but she had falsified papers to say she was 23. After the baby died, Rizana gave a confession that she said was made under duress -- she later retracted it. She had no lawyer to defend her until after she was sentenced to death and no competent interpreter during her trial. Her sentence violated international law, which prohibits the death penalty for crimes committed before age 18.

Rizana's fate should arouse international outrage. But it should also spotlight the precarious existence of other domestic workers. At least 1.5 million work in Saudi Arabia alone and more than 50 million -- mainly women and girls -- are employed worldwide according to the International Labour Organization (ILO).

Read more: Indonesian maid escapes execution in Saudi Arabia

Again according to the ILO, the number of domestic workers worldwide has grown by more than 50% since the mid-1990s. Many, like Rizana, seek employment in foreign countries where they may be unfamiliar with the language and legal system and have few rights.

When Rizana traveled to Saudi Arabia, for example, she may not have known that many Saudi employers confiscate domestic workers' passports and confine them inside their home, cutting them off from the outside world and sources of help.

It is unlikely that anyone ever told her about Saudi Arabia's flawed criminal justice system or that while many domestic workers find kind employers who treat them well, others are forced to work for months or even years without pay and subjected to physical or sexual abuse.

Passport photo of Rizana Nafeek

Read more: Saudi woman beheaded for 'witchcraft and sorcery'

Conditions for migrant domestic workers in Saudi Arabia are among some of the worst, but domestic workers in other countries rarely enjoy the same rights as other workers. In a new report this week, the International Labour Organization says that nearly 30% of the world's domestic workers are completely excluded from national labor laws. They typically earn only 40% of the average wage of other workers. Forty-five percent aren't even entitled by law to a weekly day off.

Last year, I interviewed young girls in Morocco who worked 12 hours a day, 7 days a week for a fraction of the minimum wage. One girl began working at age 12 and told me: "I don't mind working, but to be beaten and not to have enough food, this is the hardest part."

Many governments have finally begun to recognize the risks and exploitation domestic workers face. During 2012, dozens of countries took action to strengthen protections for domestic workers. Thailand, and Singapore approved measures to give domestic workers a weekly day off, while Venezuela and the Philippines adopted broad laws for domestic workers ensuring a minimum wage, paid holidays, and limits to their working hours. Brazil is amending its constitution to state that domestic workers have all the same rights as other workers. Bahrain codified access to mediation of labor disputes.

Read more: Convicted killer beheaded, put on display in Saudi Arabia

Perhaps most significantly, eight countries acted in 2012 to ratify -- and therefore be legally bound by -- the Domestic Workers Convention, with more poised to follow suit this year. The convention is a groundbreaking treaty adopted in 2011 to guarantee domestic workers the same protections available to other workers, including weekly days off, effective complaints procedures and protection from violence.

The Convention also has specific protections for domestic workers under the age of 18 and provisions for regulating and monitoring recruitment agencies. All governments should ratify the convention.

Many reforms are needed to prevent another tragic case like that of Rizana Nafeek. The obvious one is for Saudi Arabia to stop its use of the death penalty and end its outlier status as one of only three countries worldwide to execute people for crimes committed while a child.

Labor reforms are also critically important. They may have prevented the recruitment of a 17 year old for migration abroad in the first place. And they can protect millions of other domestic workers who labor with precariously few guarantees for their safety and rights.

Read more: Malala, others on front lines in fight for women

The opinions expressed in this commentary are solely those of Jo Becker.

Read More..

14-year-old boy killed on West Side

A police photographer photographs the front porch where a 14-year-old boy was fatally shot Friday night. (Adam Sege, Chicago Tribune / January 12, 2013)

By Adam Sege




Tribune reporter

2:59 a.m. CST, January 12, 2013

A 14-year-old boy was shot and killed outside his home in the Humboldt Park neighborhood Friday night.

Two male shooters opened fire about 11:50 p.m. in the 2400 block of West Augusta Boulevard, striking the boy multiple times as he stood on his porch, Chicago Police News Affairs Officer Amina Greer said.

Immediately following the shooting, a car sped down the street in reverse and took off, a neighbor said.

Paramedics found the boy unresponsive and bleeding from several bullet wounds in his chest, police said. He was pronounced dead on the scene.

Police found blood on the front steps and more than half a dozen shell casings on the sidewalk.

The high school freshman had been talking on a cellphone in front of his home just moments before shots rang out, his stepmother said.

Police sources said the shooting may have been gang-related. Family and friends on the scene, however, said the victim avoided gangs and spent his free time listening to music and riding his bicycle.

The boy would have turned 15 on Tuesday, said his stepmother, whose name - like that of her stepson - the Tribune is withholding pending notification of additional family members.

"Now he's not even going to see his 15th birthday," his tearful stepmother said.

On the sidwalk near the crime scene, the father of one of the boy's friends sobbed as he paced near a group of somber teenagers.

asege@tribune.com

Twitter: @AdamSege

Read More..

Obama, Karzai accelerate end of U.S. combat role in Afghanistan

WASHINGTON (Reuters) - President Barack Obama and Afghan President Hamid Karzai agreed on Friday to speed up the handover of combat operations in Afghanistan to Afghan forces, raising the prospect of an accelerated U.S. withdrawal from the country and underscoring Obama's determination to wind down a long, unpopular war.

Signaling a narrowing of differences, Karzai appeared to give ground in talks at the White House on U.S. demands for immunity from prosecution for any American troops who stay in Afghanistan beyond 2014, a concession that could allow Obama to keep at least a small residual force there.

Both leaders also threw their support behind tentative Afghan reconciliation efforts with Taliban insurgents, endorsing the establishment of a Taliban political office in Qatar in hopes of bringing insurgents to inter-Afghan talks.

Outwardly, at least, the meeting appeared to be something of a success for both men, who need to show their vastly different publics they are making progress in their goals for Afghanistan. There were no signs of the friction that has frequently marked Obama's relations with Karzai.

Karzai's visit came amid stepped-up deliberations in Washington over the size and scope of the U.S. military role in Afghanistan once the NATO-led combat mission concludes at the end of 2014.

"By the end of next year, 2014, the transition will be complete," Obama said at a news conference with Karzai standing at his side. "Afghans will have full responsibility for their security, and this war will come to a responsible end."

The Obama administration has been considering a residual force of between 3,000 and 9,000 troops - far fewer than some U.S. commanders propose - to conduct counterterrorism operations and to train and assist Afghan forces.

A top Obama aide said this week that the administration does not rule out a complete withdrawal after 2014, a move that some experts say would be disastrous for the weak Afghan central government and its fledgling security apparatus.

Obama on Friday left open the possibility of that so-called "zero option" when he several times used the word "if" to suggest that a post-2014 U.S. presence was far from guaranteed.

Insisting that Afghan forces were "stepping up" faster than expected, Obama said Afghan troops would take over the lead in combat missions across the country this spring, rather than waiting until the summer as originally planned. NATO troops will then assume a "support role," he said.

"It will be a historic moment and another step toward full Afghan sovereignty," Obama said.

Obama said final decisions on this year's troop cuts and the post-2014 U.S. military role were still months away, but his comments suggested he favors a stepped-up withdrawal timetable.

There are some 66,000 U.S. troops currently in Afghanistan. Washington's NATO allies have been steadily reducing their troop numbers as well despite doubts about the ability of Afghan forces to shoulder full responsibility for security.

'WAR OF NECESSITY'

Karzai voiced satisfaction over Obama's agreement to turn over control of detention centers to Afghan authorities, a source of dispute between their countries, although the White House released no details of the accord on that subject.

Obama once called Afghanistan a "war of necessity." But he is heading into a second term looking for an orderly way out of the conflict, which was sparked by the September 11, 2001, attacks on the United States by an al Qaeda network harbored by Afghanistan's Taliban rulers.

He faces the challenge of pressing ahead with his re-election pledge to continue winding down the war while preparing the Afghan government to prevent a slide into chaos and a Taliban resurgence once most NATO forces are gone.

Former Senator Chuck Hagel, Obama's nominee to become defense secretary, is likely to favor a sizable troop reduction.

Karzai, meanwhile, is eager to show he is working to ensure Afghans regain full control of their territory after a foreign military presence of more than 11 years.

Asked whether the cost of the war in lives and money was worth it, Obama said: "We achieved our central goal ... or have come very close to achieving our central goal, which is to de-capacitate al Qaeda, to dismantle them, to make sure that they can't attack us again."

He added: "Have we achieved everything that some might have imagined us achieving in the best of scenarios? Probably not. This is a human enterprise, and you fall short of the ideal."

Obama made clear that unless the Afghan government agrees to legal immunity for U.S. troops, he would withdraw them all after 2014 - as happened in Iraq at the end of 2011.

Karzai, who criticized NATO over civilian deaths, said that with Obama's agreement to transfer detention centers and the planned withdrawal of U.S. forces from Afghan villages, "I can go to the Afghan people and argue for immunity" in a bilateral security pact being negotiated.

Addressing students at Georgetown University later in the day, the Afghan leader predicted with certainty that the United States would keep a limited number of troops in Afghanistan after 2014, in part to battle al Qaeda and its affiliates.

"One of the reasons the United States will continue a limited presence in Afghanistan after 2014 in certain facilities in Afghanistan is because we have decided together to continue to fight against al Qaeda," Karzai said. "So there will be no respite in that."

Many of Obama's Republican opponents have criticized him for setting a withdrawal timetable and accuse him of undercutting the U.S. mission by reducing troop numbers too quickly.

Karzai and his U.S. partners have not always seen eye to eye, even though the American military has been crucial to preventing insurgent attempts to oust him.

In October, Karzai accused Washington of playing a double game by fighting the war in Afghan villages instead of going after insurgents who cross the border from neighboring Pakistan.

In Friday's news conference, Karzai did not back down from his previous comments that foreigners were responsible for some of the official corruption critics say is rampant in Afghanistan. But he acknowledged: "There is corruption in the Afghan government that we are fighting against."

Adding to tensions has been a rash of deadly "insider" attacks by Afghan soldiers and police against NATO-led troops training or working with them. U.S. forces have also been involved in a series of incidents that enraged Afghans, including burning Korans, which touched off days of rioting.

(Additional reporting by Roberta Rampton, Mark Felsenthal, Jeff Mason, Phil Stewart, Tabassum Zakaria, David Alexander; Editing by Warren Strobel and Will Dunham)

Read More..

Asian shares, Brent retreat after China CPI; yen slides

LONDON (Reuters) - European shares consolidated close to two year highs on Friday after Europe's Central Bank expressed cautious optimism on the euro zone's prospects.

Strong Chinese trade data on Thursday also helped lift economists' expectations of a steady global recovery this year, although a pick-up in Chinese inflation on Friday prompted profit-taking on Asia shares outside Japan and dampened oil.

The FTSEurofirst 300 <.fteu3> of top European shares opened in positive territory but had returned to a near-unchanged 1164.42 by 0850 GMT, with London's FTSE 100 <.ftse>, Paris's CAC-40 <.fchi> and Frankfurt's DAX <.gdaxi> all broadly steady. <.l><.eu><.n/>

It pushed the MSCI index of world shares <.miwd00000pus> to 350.08 points, a new eight-month high.

"People are starting to come back to the stock market because they don't have any other option," said Edward Page Croft, managing director at Stockopedia.

"Equities are very overdue a rest but that shouldn't make people through in the towel in my opinion (as) they will continue to be supported by central banks' very accommodative policies."

The major news from the ECB's meeting on Thursday was that none of the bank's policymakers had pushed to cut rates. Last month some had, and the change saw markets largely price out any reduction in rates in the coming months.

It triggered a jump in the euro and the rally resumed as European trading gathered pace, pushing the single currency above $1.3270 and to an 18-month high against the yen and a four-month high versus the Swiss franc.

The dollar, meanwhile, jumped to 89.35 yen, its highest since June 2010, on strengthening speculation new Japanese Prime Minister Shinzo Abe will exert strong pressure on the Bank of Japan to pursue aggressive easing steps.

Japan's cabinet approved on Friday an economic stimulus package in the biggest spending boost since the financial crisis. Abe also said in an interview with the Nikkei newspaper the BOJ should consider maximizing employment as a monetary policy goal to help boost the economy.

In the bond market, German Bund futures extended the previous day's losses after the ECB cooled expectations of a near-term rate cut.

Expectations of a strong Italian bond auction later in the day, after Spain made a successful start to its 2013 fund raising program on Thursday, also eroded demand for low-risk Bunds.

Oil prices reacted to the faster-than-expected Chinese inflation data, with Brent crude futures falling back towards $111 a barrel.

(Additional reporting by Francesco Canepa; editing by Philippa Fletcher)

Read More..

Browns hire Rob Chudzinski as new coach

CLEVELAND (AP) — Rob Chudzinski's first head coaching job will be with the team he loved as a kid.

Chudzinski, who spent the past two seasons as Carolina's offensive coordinator, has been hired by the Browns as their sixth full-time coach since 1999. It's the third stint in Cleveland for Chudzinski, who worked with the Browns previously as an assistant.

The Browns hope the first-time head coach can end years of despair and constant losing, and maybe resurrect a franchise that has made just one trip to the playoffs in the past 14 years.

The team confirmed Chudzinski's hiring with a release Thursday night and said he will be introduced at an 11 a.m. news conference at the team's facility in Berea on Friday.

Chudzinski will be the Browns' 14th coach in team history. He replaces Pat Shurmur, another first-time coach when he was hired, who was fired on Dec. 31 after a 5-11 season. For the past two years, the 44-year-old Chudzinski has worked with talented Panthers quarterback Cam Newton.

When owner Jimmy Haslam embarked on his coaching search last week, he pledged to bring back the "best person for Cleveland."

After meeting with at least seven other candidates, Haslam, who bought the Browns this summer, decided along with CEO Joe Banner that Chudzinski, was ready.

Known simply as "Chud," Chudzinski coached tight ends in Cleveland for Butch Davis in 2004, and then came back to the Browns in 2007 and was offensive coordinator for two seasons under Romeo Crennel.

Chudzinski, who was never embarrassed to acknowledge he rooted for the Browns while growing up in Toledo, Ohio, interviewed with the team on Wednesday. He was viewed by many as a longshot for the job, not because he wasn't qualified, but Haslam figured to make a big splash with his first coaching hire.

However, Chudzinski wowed Haslam and Banner during his meeting and the team decided it was time to end their search after nearly 10 days.

It's not yet known whom Chudzinski will bring in as his coordinators. There are reports he may hire former San Diego coach Norv Turner to run his offense.

In his first season in Carolina, Chudzinski turned Newton, the No. 1 overall draft pick, loose and the Panthers set club records for total yards (6,237) and first downs (345). Carolina also scored 48 touchdowns after getting just 17 in the season before Chudzinski arrived. The Panthers jumped from last in the league in total yardage to seventh, the biggest improvement since 1999.

Following the season, Chudzinski interviewed for head coaching jobs with St. Louis, Jacksonville and Tampa Bay before returning to Carolina.

Newton continued to develop in his second season with Chudzinski. The Browns could be counting on him to improve Brandon Weeden after his uneven rookie season.

After his first stint on Cleveland's staff, Chudzinski spent two seasons as San Diego's tight ends coach, working with perennial Pro Bowl standout Antonio Gates.

Taking over the Browns offense in 2007, Chudzinski helped the Browns win 10 games — the most since their expansion rebirth in 1999 — and had four players make the Pro Bowl.

However, in 2008, the Browns struggled on offense and a six-game losing streak led to a 4-12 finish and Crennel's firing. The Browns finished 31st in offense that year.

Chudzinski went back to the Chargers for two more seasons before he was hired in Carolina.

On Thursday, former Arizona coach Ken Whisenhunt was brought to Cleveland for a second interview and he appeared to be the frontrunner. The Browns were also expected to meet again with Cincinnati defensive coordinator Mike Zimmer and interview Indianapolis offensive coordinator Bruce Arians.

But in the end, the Browns decided to go with Chudzinski, who has no head coaching experience but is regarded as one of the league's brightest up-and-coming coaches.

The hiring won't cause Cleveland fans to dance in the streets, but it is in keeping with Banner's past of hiring a coach without a meaty resume.

When he was in Philadelphia's front office, Banner went outside the box and hired relatively unknown Andy Reid, who spent 14 seasons with the Eagles before he was fired after this season.

The Browns can only hope it goes as well with Chudzinski.

___

Online: http://pro32.ap.org/poll and http://twitter.com/AP_NFL

Read More..

Survey Shows Different Results on Energy vs. Environment Questions

The Civil Society Institute (CSI) and the Environmental Working Group (EWG) announced the results of a survey this week that they say shows that Americans are not opposed to more domestic energy production, but that they do not want clean water, energy efficiency and expanded wind and solar power to be sacrificed in the process. The results contrast somewhat with other surveys that have been taken on the matter. Here are the details.

* According to the CSI/EWG survey, of the 809 respondents, 94 percent — including 92 percent of Republicans and 98 percent of Democrats — want political leadership on balancing more energy production with protecting the environment.

* Most Americans feel it is important for Congress to demonstrate leadership on a national agenda for clean energy and environmental protections and that national water resources should be an important consideration with U.S. energy planning and decision making.

* The groups — both of which support the clean energy industry — report that 86 percent of the respondents to their survey favored a shift from coal and nuclear energy to wind and solar. Additionally, the groups report, the majority of the respondents, regardless of political party, are opposed to fracking until more research is done and want more studies done on the health and environmental consequences of the chemicals used in fracking.

* The groups reported that three-quarters of their respondents have heard of fracking, with about half saying that they are very or somewhat familiar with it.

* According to a nearly one-year-old survey done by Rasmussen , in the wake of President Barack Obama’s decision last week to delay the Keystone XL oil pipeline from Canada to Texas for environmental reasons, 59 percent of likely U.S. voters said that — generally speaking — job creation was more important than environmental protection. Twenty-nine percent said protecting the environment was more important.

* In March, Gallup found that 47 percent of respondents to a poll it conducted felt like it was more important for America to emphasize energy production, while 44 percent stated that environmental protection deserved emphasis.

* The importance to the two issues was skewed by political party, Gallup showed, with more Republicans in favor of energy production and more Democrats in favor of environmental protection. Independents were split on the matter, with 49 percent in favor of an increased emphasis on environmental protection, and 41 percent in favor of more importance placed on energy production.

* A March survey from Rasmussen showed that 57 percent of respondents favored the used of fracking in order to find more U.S. oil and gas, while only 22 percent of the participants said they were opposed to the process.

Green News Headlines – Yahoo! News

Title Post: Survey Shows Different Results on Energy vs. Environment Questions
Url Post: http://www.news.fluser.com/survey-shows-different-results-on-energy-vs-environment-questions/
Link To Post : Survey Shows Different Results on Energy vs. Environment Questions
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment

Read More..

Why global labor reforms are vital

(File photo) Sri Lankan women protest outside the Saudi Arabia embassy in Colombo on November 9, 2010.

STORY HIGHLIGHTS

• Saudi authorities beheaded Rizana Nafeek, a Sri Lankan woman


• She was convicted of killing a baby of the family employing her as a housemaid


• This was despite Nafeek's claims that the baby died in a choking accident


• Becker says her fate "should spotlight the precarious existence of domestic workers"

Jo Becker is the Children's Rights Advocacy Director for Human Rights Watch and author of 'Campaigning for Justice: Human Rights Advocacy in Practice.' Follow Jo Becker on Twitter.

(CNN) -- Rizana Nafeek was a child herself -- 17 years old, according to her birth certificate -- when a four-month-old baby died in her care in Saudi Arabia. She had migrated from Sri Lanka only weeks earlier to be a domestic worker for a Saudi family.

Although Rizana said the baby died in a choking accident, Saudi courts convicted her of murder and sentenced her to death. On Wednesday, the Saudi government carried out the sentence in a gruesome fashion, by beheading Rizana.

Jo Becker

Read more: Outrage over beheading of Sri Lankan woman by Saudi Arabia

Rizana's case was rife with problems from the beginning. A recruitment agency in Sri Lanka knew she was legally too young to migrate, but she had falsified papers to say she was 23. After the baby died, Rizana gave a confession that she said was made under duress -- she later retracted it. She had no lawyer to defend her until after she was sentenced to death and no competent interpreter during her trial. Her sentence violated international law, which prohibits the death penalty for crimes committed before age 18.

Rizana's fate should arouse international outrage. But it should also spotlight the precarious existence of other domestic workers. At least 1.5 million work in Saudi Arabia alone and more than 50 million -- mainly women and girls -- are employed worldwide according to the International Labour Organization (ILO).

Read more: Indonesian maid escapes execution in Saudi Arabia

Again according to the ILO, the number of domestic workers worldwide has grown by more than 50% since the mid-1990s. Many, like Rizana, seek employment in foreign countries where they may be unfamiliar with the language and legal system and have few rights.

When Rizana traveled to Saudi Arabia, for example, she may not have known that many Saudi employers confiscate domestic workers' passports and confine them inside their home, cutting them off from the outside world and sources of help.

It is unlikely that anyone ever told her about Saudi Arabia's flawed criminal justice system or that while many domestic workers find kind employers who treat them well, others are forced to work for months or even years without pay and subjected to physical or sexual abuse.

Passport photo of Rizana Nafeek

Read more: Saudi woman beheaded for 'witchcraft and sorcery'

Conditions for migrant domestic workers in Saudi Arabia are among some of the worst, but domestic workers in other countries rarely enjoy the same rights as other workers. In a new report this week, the International Labour Organization says that nearly 30% of the world's domestic workers are completely excluded from national labor laws. They typically earn only 40% of the average wage of other workers. Forty-five percent aren't even entitled by law to a weekly day off.

Last year, I interviewed young girls in Morocco who worked 12 hours a day, 7 days a week for a fraction of the minimum wage. One girl began working at age 12 and told me: "I don't mind working, but to be beaten and not to have enough food, this is the hardest part."

Many governments have finally begun to recognize the risks and exploitation domestic workers face. During 2012, dozens of countries took action to strengthen protections for domestic workers. Thailand, and Singapore approved measures to give domestic workers a weekly day off, while Venezuela and the Philippines adopted broad laws for domestic workers ensuring a minimum wage, paid holidays, and limits to their working hours. Brazil is amending its constitution to state that domestic workers have all the same rights as other workers. Bahrain codified access to mediation of labor disputes.

Read more: Convicted killer beheaded, put on display in Saudi Arabia

Perhaps most significantly, eight countries acted in 2012 to ratify -- and therefore be legally bound by -- the Domestic Workers Convention, with more poised to follow suit this year. The convention is a groundbreaking treaty adopted in 2011 to guarantee domestic workers the same protections available to other workers, including weekly days off, effective complaints procedures and protection from violence.

The Convention also has specific protections for domestic workers under the age of 18 and provisions for regulating and monitoring recruitment agencies. All governments should ratify the convention.

Many reforms are needed to prevent another tragic case like that of Rizana Nafeek. The obvious one is for Saudi Arabia to stop its use of the death penalty and end its outlier status as one of only three countries worldwide to execute people for crimes committed while a child.

Labor reforms are also critically important. They may have prevented the recruitment of a 17 year old for migration abroad in the first place. And they can protect millions of other domestic workers who labor with precariously few guarantees for their safety and rights.

Read more: Malala, others on front lines in fight for women

The opinions expressed in this commentary are solely those of Jo Becker.

Read More..