Enhanced melting of Northern Greenland in a warm climate

ScienceDaily (Nov. 9, 2012) ? In a new study from the Bjerknes Centre for Climate Research, scientists show how the northern part of the Greenland ice sheet might be very vulnerable to a warming climate.

The study is based on simulations with a state of the art global climate model and a dynamic ice sheet model of the last interglacial warm period. This period (~126 thousand years before present) is the most recent in Earth's history with temperatures warmer than present in the Arctic region, and has frequently been used as an analogue for a future greenhouse climate. During this period we know that the Greenland ice sheet was significantly reduced in size compared to today.

The model simulations show an extreme retreat of the northern part of the Greenland ice cap in response to the warm interglacial climate, a climate not unlike what we expect on Greenland in the very near future. This result is surprising, as temperatures on the north part of Greenland are colder than in the south. However, increased precipitation compensates for much of the increased melting of the southern part of the ice sheet in a warmer climate.

Today, most scientists expect that the southern part of the Greenland ice sheet is most vulnerable to a changing climate. In particular, there are several studies monitoring ice streams and fjord temperatures along the coast of southern Greenland. However, the new results indicate that the northern part of Greenland, at the fringe of the Arctic Ocean, should be particularly closely. In this area part of the ice sheet is grounded below sea level, and can respond rapidly once it starts receding.

If the Greenland ice sheet were to melt completely, it would result in an increase in mean global sea level by about 7 meters. However, the sea level impact of the observed recent accelerated melt of the ice sheet, as well as future projections of melt from the ice sheet, are not implemented by the current generation of climate models included in the IPCC effort.

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The above story is reprinted from materials provided by University of Bergen.

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

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Journal Reference:

1. A. Born, K. H. Nisancioglu. Melting of Northern Greenland during the last interglaciation. The Cryosphere, 2012; 6 (6): 1239 DOI: 10.5194/tc-6-1239-2012

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

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/most_popular/~3/Hh5xj99SgeY/121109084055.htm

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'NBA 2K13' tops video games titles in October

NEW YORK (AP) ? U.S. retail sales of new video game hardware, software and accessories fell 25 percent in October, marking the 11th straight month of declining sales for physical game products, according to a report from NPD Group.

Many gamers are waiting for big holiday releases such as Activision's "Call of Duty: Black Ops II."

NPD said sales fell to $755.5 million from $1 billion a year earlier. Sales of video games themselves, excluding PC titles, fell 25 percent to $432.6 million. Sales of hardware such as Microsoft's Xbox 360 fell 37 percent to $187.3 million. Sales of accessories, meanwhile, grew 5 percent to $135.6 million.

Thursday's study from NPD Group tracks sales of new physical products ? about 50 percent of the total spending. Excluded are sales of used games and rentals as well as digital and social-network spending.

NPD also listed the top-selling games in October:

1. "NBA 2K13," Take-Two Interactive Software Inc.

2. "Resident Evil 6," Capcom USA

3. "Pokemon Black Version 2," Nintendo Co.

4. "Dishonored," Bethesda Softworks

5. "Pokemon White Version 2," Nintendo Co.

6. "Madden NFL 13," Electronic Arts Inc.

7. "FIFA Soccer 13," Electronic Arts Inc.

8. "Medal of Honor: Warfighter," Electronic Arts Inc.

9. "Borderlands 2," Take-Two Interactive Software Inc.

10. "Skylander Giants," Activision Blizzard Inc.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/4e67281c3f754d0696fbfdee0f3f1469/Article_2012-11-09-Video%20Game%20Sales-Top%20Games/id-97cd23d472dd49a99b84b94024329eb2

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Chinese state firms say reform should mean more growth

BEIJING (Reuters) - China's big state-owned enterprises argued for continued expansion on Friday, echoing outgoing President Hu Jintao's comments urging more investment in major government firms and curtailing hopes of reform in the bloated sector.

Party delegates spent day two of the 18th Communist Party Congress holding public debates on Hu's speech at which they read out bits that they particularly liked. Reuters reporters heard no one disagreeing with what Hu said in a nearly two-hour-long speech.

At the opening of the congress on Thursday, Hu stressed the importance of continued one-party rule and how it was threatened by corruption, a reference to the downfall of one-time high-flying politician Bo Xilai.

He also suggested a further strengthening of the state in strategic sectors, with the possibility of more market-oriented competition in other sectors.

"The direction of the SOE (state-owned enterprise) reform should be: SOEs must be more market-oriented and they must keep strengthening their vitality and influence," Wang Yong, the head of a commission on supervising and administering state-owned assets, told reporters.

"Scholars may have different views, but that's the development need of the enterprises and the state."

Hu had said on Thursday that Beijing must "unwaveringly consolidate and develop the public sector of the economy".

"(We should) invest more state capital in major industries in key fields that comprise the lifeline of the economy and are vital to national security."

But outgoing Premier Wen Jiabao vowed in a speech earlier this year that Beijing would push ahead with monopoly-busting.

"We must move ahead with reform of the railway, power and other industries, complete and implement policies and measures aimed at promoting the development of the non-state economy, break monopolies and lower industry thresholds for new entrants," he had said.

State-owned enterprises and affiliated businesses account for more than half of output and employment in China, the world's second-biggest economy. They include power grid-operator State Grid, the world's seventh-biggest company.

Oil giants Sinopec Group and China National Petroleum Corp, parent of PetroChina, rank fifth and sixth, respectively. Of the 70 mainland companies on the 2012 Fortune Global 500 list, 65 are state-owned.

DRAG

Chinese reformers and Western governments say their sheer size and market dominance creates a drag on the economy through vast opportunity for corruption and waste, leading to higher costs for consumers.

Calls for reform built up as factions manoeuvred ahead of the once-in-decade leadership transition at the congress. When Xi Jinping, Hu's anointed successor, is in place he will be under immediate pressure to break the grip of inefficient SOEs and reinvigorate China's three-decade-long economic miracle.

But he will have to deal with the divisions within the party on policy.

Critics claim that without further reform of the state sector, China's growth will stagnate. They call for equal opportunity for private firms, which provide most of the new jobs in China.

On Friday, data for October showed the economy was pulling away from its slowest growth in three years. Analysts said that thanks to a raft of pro-growth policies rolled out by the government in recent months.

Wang, the state assets commission chief, admitted that the enterprises were saddled by a bloated workforce, a legacy of the planned economy.

But he and other state-firm bosses emphasized their importance to what they called "national economic security" in their gathering, laying out plans for further investment and overseas expansion.

The large state role prompted a U.S. congressional advisory panel to complain this week that Chinese investment in the United States had created a "potential Trojan horse".

The study, commissioned by U.S.-China Economic and Security Review Commission, found that Chinese-owned firms in the United States added between 10,000 and 20,000 workers in the past five years and helped shore up financially troubled U.S. firms.

The investment was spearheaded by Chinese state-owned enterprises that enjoyed government subsidies and other market-distorting policies that support industrial policy and non-market goals of the Chinese government, it said.

"Based on this juxtaposition, some will conclude that Chinese FDI (foreign direct investment) in the United States is a potential Trojan horse," the report concluded.

Chinese telecoms firm Huawei Technologies, the world's second-biggest telecoms equipment maker - and another telecommunications firm called ZTE - spent much of this year under siege by U.S. lawmakers who suspect Huawei has close ties to Beijing and that its equipment could be used for espionage.

The telcos are not state-owned enterprises. Huawei is owned by its employees and ZTE by different institutions.

The party congress ends on Wednesday, after which the new Standing Committee, at the apex of power, will be unveiled.

Only Xi and his deputy, Li Keqiang, are certain to be on what is likely to be a seven-member committee, and about eight other candidates are vying for the other places. (Editing by Nick Macfie and Raju Gopalakrishnan)

Source: http://news.yahoo.com/chinese-state-firms-reform-mean-more-growth-092247938--sector.html

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Israeli archaeologists ponder possible whodunit

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Post-Election Wrap Up: Economy and Investing - Wall Street ...

From: Streettalk Daily X-Change - 11:40am - November 8, 2012

I visited with my friends Jose Guinan and Mike Iscovitz at Fox News about the effects on the economy and the markets now that the election is over. ?With nothing really changed in terms of the Administration's make up the continuation of gridlock is likely to prove a problem for both economic growth and the stock market as the lack of action of the fiscal policy front leads to weaker economic growth. As discussed in "The Next Four Years Won't Be As Good As The Last" I stated that the "One thing that has been overlooked on many fronts is that Obama had control of the House and the Senate when he first entered office in 2009. ?This control lead to the passing of ObamaCare, successive bailout programs for housing, automobiles, and the financial industry which flooded the economy, and financial markets, with dollars - a lot of dollars. ? Those injections, combined with a massively bombed ...

Continue reading this article ?

Source: http://ewallstreeter.com/post-election-wrap-up-economy-and-investing-4131/

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How the Golan reached the gourmet heights | The Jewish Chronicle

The trend for so-called artisan food ? locally sourced food and drink made by individual crafts people ? is not particular to the UK. In Israel, business at the Shuk in Jerusalem and the farmer?s market at Tel Aviv?s port is booming. Further north, a new region has emerged as a favourite with foodies ? the Golan Heights.

This area has been renowned for fertile soils and a perfect climate for agriculture since biblical times. Artisan food and drink producers thrived there for thousands of years until the Muslim conquest in 636CE, when high taxes drove them out.

Over the past 40 years, government incentives have enticed growers and producers back to the area. Cheese producers, chocolate-makers and brewers all now thrive there, making it a popular destination for foodie tourists.

Naomi Dagan?s parents made aliyah from London in 1949 to live a kibbutz life in Israel. ?I trained as a nurse and worked in medicine for many years, but 10 years ago I decided that I wanted to return to agriculture,? says Dagan. ?We began with just two goats. My husband and I hand-milked them and I made cheese in our kitchen. We eventually had 100 goats grazing on our hillside plot.? Needing more space, Naomi and her husband looked for a bigger plot.

?We heard an advertisement on the radio for the Golan Heights,? she explains. ?Everything just fitted into place ? beautiful views, a welcoming village and perfect grazing land for our herd.?
Moving 100 goats from central Israel was not easy, but Dagan says it was worth it. She and her small team selltheir cheese at markets across Israel but a stream of people still visit them to buy directly from the couple?s restaurant, Meshek Naomi (Naomi?s Dairy) in Moshav Natur, a village close to the eastern shore of the Sea of Galilee.

They offer a variety of goat?s milk products, from brie to a strawberry yoghurt drink. Everything is made in their kitchen next to the small restaurant dining room. When they are closed, there is a self-service fridge packed full of dairy products and a trust box for paying.

Further north is the town of Katzrin, home to the Golan Heights Winery and the Golan Brewery. The visitors? centre at the Winery offers details of all local artisan food producers.

The boutique brewery produces Batzelet (Basalt) Beer, one of the newest beers in the Israeli micro-brewing industry. Last year Golan won best Israeli brewery prize at the BIRA 2011 competition. The high quality of the beers made there is said to be due to the superior mineral water extracted from the basalt rocks beneath the Golan Heights.

There are also several chocolatiers in the area. De Karina Chocolates, at Kibbutz Ein Zivan, was established by Karina Chaplinski, a third-generation Argentinean confectioner. De Karina makes hand-crafted chocolates and offers classes to visitors.

Other chocolate-producers are the Galita Chocolate Farm on the southern shores of the Kinneret and the Marzipan Museum in Kfar Tavor, in the Galilee region.

Chocolate-making does not require fertile soils, but all the artisan producers admit to having been drawn here by the area?s natural beauty. Galit Alpert, founder of Galita Chocolates, says she draws inspiration from the Sea of Galilee. ?I love nature, so for me it?s like being in heaven,? she smiles.

The area is also littered with fruit- growing farms. In the summer, many open up their fields to visitors to pick their own. Roni Levy is the owner of Mashak Levi (Levy?s Farm), a family-run operation located near Moshav Sha?al.

?Produce in the Golan is of a high standard,? he says. ?It is a combination of the very cold temperatures in the winter and the unique water coming from the basalt stone below us, which allows us to grow a range of fantastic fruits which you can?t find elsewhere in Israel?.

Produce includes the Isabella grape ? said to taste like mango ? as well as figs, white nectarines, raspberries, gooseberries, sabra and summer fruits, which fill the surrounding fields. ?It really is an experience to spend a couple of hours surrounded by nature, with amazing views, and taste the difference between the fresh foods of the Golan and those you buy in the supermarket,? enthuses Levi.

Most of these products can be bought at farmer?s markets in the larger Israeli cities, but true foodies still flock to the Heights in droves.

Contacts
Meshek Naomi: Tel: +972 524833166 or +972 523437580
Golan Brewery: www.golanbrewery.co.il Tel: +972 46963625
De Karina Chocolate: www.de-karina.co.il Tel: +972 46993622
Mashak Levi: +972 524600465
Golan Heights Winery: www.golanwines.co.il/visit_eng.asp +972 46968420

Last updated: 12:20pm, November 8 2012

Source: http://www.thejc.com/lifestyle/food/89994/how-golan-reached-gourmet-heights

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Exxon started talks over sale of Iraq's West Qurna-1 stake: official

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Recreation Sports | AirportGypsies

Billiards Orange County ? Purchase your pool table from a Babilliards.com, and pay factory pricing. Choose from a wide selection of billiard tables at the best lower pricing.

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Source: http://airportgypsies.com/pt/services/recreation-sports/

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Small Business Financing Options For Those With Not So Great Credit

If you are an entrepreneur or small business owner who does not have good personal credit but you need a small business loan of some kind to start, build, or grow your business then there?s good and bad news for you.

We?re really not here to talk about the bad news because you already know the bad news.? It?s tough ? some would say impossible ? to get financing when your personal credit is ?not so great.?? After all, it?s been tough enough since The Great Recession for people with ?good? credit to get financing.

Just to clarify, we?re talking about debt financing and not equity financing.? This post will not cover equity financing options such as venture capital, private equity, angel investors, or the three F?s (friends/family/fools).

Before we get started, let?s review a couple important truths:

• One is that your personal credit is either an asset or a liability.? It?s not neutral because, if you?re like most of us, you?ll want or need credit to do things like buy homes, obtain credit cards, get business financing, etc.? Your credit is not neutral, it?s either an asset or a liability.? If it?s an asset then keep it that way and if it?s a liability then don?t be guilty of the definition of insanity and continue doing the same things you?ve always done and then expect different results.? Do something about it.
• Two, you may want to consider an ownership strategy if you are married and your spouse has better credit than you.? More about husband & wife ?insider? tips here.

Now, let?s dive into the best small business financing options for people with ?not so great? credit:

ROB?s (Rollover as Business Startups)

This works for both new and established businesses.? If you have an IRA, 401k, or other qualified retirement vehicle then you may be able to roll some or all of those funds into your new business entity.? You?ll need a C-corp and this strategy should only be executed by a qualified and experienced company or attorney.? There are no monthly payment requirements but be sure you have good people who properly set this up for you so you don?t run into IRS compliance issues.

Equipment Financing

This works for both new and established businesses.? You?re looking for a non-bank equipment finance company here.? There are many of them out there who will lend you the funds you need to buy construction equipment, medical equipment, tractor trailers, aircraft, printing equipment, etc.? The list goes on.? They look for clients with damaged credit and what you?ll need in return is very simple.? You either need a larger down payment or collateral or both.

These lenders like to lend based on the ?auction value? of the equipment you?re buying and/or the auction value of some equipment you already own.? Although it goes without saying, you should expect to pay a higher cost for these loans.

Factoring

This works for established businesses only.? It?s simple here too.? If you have an aging report or book of receivables then there are lenders out there who will buy your receivables at a discount (some or all of your receivables).

Qualifying for factoring is all about the company who owes you the money.? If the lender believes they will pay, then you?ll probably get your financing.? However, if it?s Uncle Louie from Louie, Inc. who owes you $100,000 you probably won?t be able to finance that one.? I?m sure you get the idea.

The lender will check things like business credit reports on the company who owes your invoice(s), make verification phone calls, etc. but it?s a quick solution and there are thousands of businesses all over the country who do this very successfully.

Merchant Cash Advances

Also known as MCA?s, works for established businesses only.? This is probably one of my least-favorite forms of financing because it?s so expensive but there is a time and a place for it.

We?re talking about the Wild West of financing here though.? If you?re working with a trusted small business loan professional then you?re probably okay but these loans are a dangerous combination of two things ? they are costly to the business owner and lucrative to the brokers who sell them.? They are tough on cash flow no matter how you slice it but if you can absorb the high-cost and the short repayment term and advance your organization then this is an option.

To give you some perspective, our company takes in around 5,000 requests for financing per year and in the last 2 years, you can count the number of MCA?s we?ve done in the single digits. ?For each of those clients it was a means to an end to achieve a larger goal.? They?re an option, but use them wisely.

Purchase Order Financing

Also known as PO Financing, works for established businesses only.? Of these five lending solutions this one is done with the least frequency.? However, it?s a great option when you have a large order you need to fulfill from a large customer.

For example, if Target gives you an order for 500,000 of your widgets to go in all their stores on the east coast, then you?ll need to manufacture and ship those widgets to them before they ever pay you.? You will also need to pay all your people or the manufacturer for the production.? That can get expensive and many business owners have had their growth halted simply because they couldn?t afford to fulfill a big order.

With PO Financing, as long as you have a credit-worthy buyer, you can finance that entire order and ensure that your business grows and that you can develop the relationship with the buyer for future orders.

And there you have it.? These are not the ?only? ways to obtain financing if you are a small business owner with damaged personal credit, but these are likely your best options ? or they are at least the most commonly used financing vehicles for people with ?not so great? credit.?The list could certainly be longer.

So how have you creatively financed your business growth?

Credit Problems Photo via Shutterstock

About Tom Gazaway

Tom Gazaway is President of Hawkeye Management, a firm that specializes in unsecured business credit lines for small business owners. Through their pre-qualification process and detailed analytics, they match small business owners with lenders who will issue business credit without collateral. Tom also blogs at The Small Business Lending Blog.

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Source: http://smallbiztrends.com/2012/11/small-business-bad-credit-financing-options.html

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