Monday, January 9, 2012

Israel increases defense budget by $700 million

Israeli premier Benjamin Netanyahu announced on Sunday an increase of nearly $700 million in the defense budget, after saying last year that he would cut military spending to finance social reforms.

"We are going to add three million shekels to the defense budget," Netanyahu told a news conference.

Netanyahu had in October supported the recommendations of a report he commissioned, by respected economist Manuel Trajtenberg, which were intended to address rising frustrations about the cost of living and income disparity in the Jewish state that triggered mass protests last year.

One of the Trajtenberg report's proposals was to cut a defense budget that amounts to around $14 billion, of which $3 billion comes in annual US military aid, to finance a series of social initiatives without increasing the deficit.

"I have reflected on this question, but in view of what has happened in the region, I have reached the conclusion that cutting the defense budget would be a mistake, even a big mistake," Netanyahu said.

"Any sensible person can see what is happening around us... All these changes have strategic implications for the national security of the state of Israel, for our ability to face the new challenges and instability," he told a weekly cabinet meeting, according to a statement from his office.

The Israeli army "is the shield of the country, which is why we must increase its means," he added.

The prime minister said that in return for the spending increase, the defense ministry would have to respect the principle of transparency, which would allow the government to monitor the management of the budget.

"In the past, we discovered things late, whereas now we will become aware of them in real time."

Israel's cabinet in October approved the recommended economic reforms outlined by the 267-page Trajtenberg report, which covered housing, competitiveness, social services, education and taxation.

-AFP/NOW Lebanon

Source: http://www.nowlebanon.com/NewsArticleDetails.aspx?ID=350275

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Hutchinson resigns as Bush Foundation president

Peter Hutchinson has resigned as president of the Bush Foundation?

The foundation said in a news release Friday that Hutchinson will continue to serve as an advisor on certain projects after he leaves later this month.

The St. Paul-based foundation said it is starting a search for Hutchinson's replacement. In the interim, staff will report to Board Chair Jan Malcolm.

Hutchinson has served as the group's president since November 2007.

His career has included a stints as commissioner of finance for the State of Minnesota, superintendent of the Minneapolis Public Schools?

The Bush Foundation supports education and other programs in Minnesota and the Dakotas.

>Click here to read the company's news release.

Peter Hutchinson has resigned as president of the Bush Foundation?

The foundation said in a news release Friday that Hutchinson will continue to serve as an advisor on certain projects after he leaves later this month.

The St. Paul-based foundation said it is starting a search for Hutchinson's replacement. In the interim, staff will report to Board Chair Jan Malcolm.

Hutchinson has served as the group's president since November 2007.

His career has included a stints as commissioner of finance for the State of Minnesota, superintendent of the Minneapolis Public Schools?

The Bush Foundation supports education and other programs in Minnesota and the Dakotas.

>Click here to read the company's news release.

Source: http://feeds.bizjournals.com/~r/bizj_twincities/~3/vLQXSZyP27c/hutchinson-president-bush-foundation.html

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Saturday, January 7, 2012

The 5 Worst States for Teen Employment (LiveScience.com)

With President Obama's announcement of his summer jobs program, "Summer Jobs+" today, teenage job seekers may get a boost in finding some much-needed work this year.

The summer jobs program, which was originally part of the President's American Jobs Act, which Congress has not passed, is a partnership between the Federal government and private sector in which they commit to create nearly 180,000 employment opportunities for low-income youth in the summer of 2012. The program's ultimate goal is to create 250,000 employment opportunities by the start of summer, at least 100,000 of which will be placements in paid jobs and internships, according to a White House press release.

The news will be most welcome in states with highest teen-unemployment rates.

According to November 2011 data from the U.S. Census Bureau the average teen-unemployment rate in the United States (ages 16 to 19) in November 2011 was 23.7 percent. Some states, however, had significantly higher rates. The five worst states for teen unemployment, plus the District of Columbia, which topped the list, were:

  • District of Columbia? 48.3 percent
  • California 34.6 percent
  • Nevada 34.2 percent
  • North Carolina 33.3 percent
  • Missouri 33.1 percent
  • Washington 30.9 percent

President Obama called on businesses of every size to pitch in to help improve the teen summer employment situation by hiring teen workers this summer, a move that could help boost the nation's overall economic situation, according to one expert.

"A summer job isn't just a paycheck for a young person?it's a chance to learn skills that are crucial to their professional development," said Michael Saltsman, research fellow at the Employment Policies Institute, a nonprofit research organization studying entry-level employment issues. "With a teen-unemployment rate that's been over 20 percent for more than three years, policymakers should be looking for ways to encourage teen employment?and should avoid policies that make teens more expensive to hire," Saltsman said.

Obama has asked businesses and nonprofits to participate in the program in three ways:

  • Learn and Earn: Provide youth with jobs for the summer of 2012 in the form of paid internships and/or permanent positions that provide on-the-job training.
  • Life Skills: Provide youth with work-related soft skills, such as communication, time management and teamwork, through coursework and/or experience. This includes resume writing or interview workshops and mentorship programs.
  • Work Skills: Provide youth with insight into the world of work to prepare for employment.?This includes job shadow days and internships.

Source: http://us.rd.yahoo.com/dailynews/rss/science/*http%3A//news.yahoo.com/s/livescience/20120105/sc_livescience/the5worststatesforteenemployment

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Friday, January 6, 2012

PFT: Giants' Bradshaw doesn't practice

"The Summer of 86: The Rise and Fall Of The World Champion Mets" PremiereGetty Images

During the 2011 regular season, a former Jets quarterback repeatedly criticized the current edition of the team.? Now, another former Jets quarterback has joined Joe Namath with a harsh assessment of the franchise.

?I think that Rex Ryan?s ways have come back to haunt him,? Esiason told WEEI in Boston, via ESPNNewYork.com.? ?And Mike Tannenbaum . . . has a lot of responsibility in this regard, because they have put a lot of bad guys together in this locker room.? There?s a good core of players for the New York Jets.? But unfortunately, all it takes is one guy.? And Rex Ryan giving Santonio Holmes the captain?s ?C? on the chest was an absolute embarrassment.? It?s a slap in the face of all the good guys in that locker room.?

Esiason also took aim at quarterback Mark Sanchez, a player whom Namath recently has supported.

?If you watched Mark Sanchez the last month of the season, he was like a chihuahua standing on Madison Avenue and 36th Street entering the Midtown Tunnel, eyes bigger than you-know-what, and just so shaky,? Esiason said.

In the event the P.C. police had an issue with Esiason?s reference to a breed of dog that bears a Mexican name, given that Sanchez is Mexican-American, Rich Cimini of ESPNNewYork.com has cleared things up by contacting Esiason for a clarification.

Seriously.

?I chose a small dog that always looks shaken and has big eyes, and doesn?t like big things ? a chihuahua,? Esiason said.? ?It?s a skittish dog and he?s been a skittish player.?

Esiason also agrees that, despite what the Jets say publicly, they?re privately considering their options for upgrading the position.? And they?ll be interested in Peyton Manning, if he?s available.

?If Peyton is able to play and the new General Manager [in Indianapolis] and whoever they hire to run that team out there decides to go without Peyton Manning, then I?m sure that the Jets will be sniffing around,? Esiason said.? ?Because that?s what the Jets do.? They?re trying to find their Tom Brady.? They?re trying to find their Aaron Rodgers.? And I don?t think, in their mind, they think that they feel like they?ve found the kid.?

Esiason is right.? And the sooner the Jets acknowledge publicly what they?re realizing privately, the closer they?ll be toward become the team they so badly want to be.

Source: http://profootballtalk.nbcsports.com/2012/01/04/ahmad-bradshaw-doesnt-practice-for-giants-jake-ballard-does/related/

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Playoff Time

How badly is Tim Tebow going to play against the Steelers? Who?s a better playoff quarterback, Drew Brees or Aaron Rodgers? What?s it like for your team to compete in the playoffs? Former Broncos tight end Nate Jackson and Slate executive editor and Hang Up and Listen host Josh Levin are taking all of your questions about the end of the regular season, the start of the playoffs, and the beginning of the offseason coaching carousel. Check back here on our Facebook page on Thursday, Jan. 5, at 11 a.m. EST to participate in the chat!

Source: http://feeds.slate.com/click.phdo?i=873c687b0f9948b552c9016edbf53c78

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Thursday, January 5, 2012

Box Office Guru Wrapup: Mission: Impossible Stays On Top

This weekend Tom Cruise rang in 2012 by being the top draw around the world once again as his latest action sequel Mission: Impossible - Ghost Protocol topped the box office over the long Friday-to-Monday New Year's holiday weekend. The Paramount release saw its four-day gross dip 13% to an estimated $38.3M which lifted the cume to a sturdy $141.2M allowing the new chapter to surpass the $134M final domestic take of the previous film in the series, 2006's Mission: Impossible 3, in a mere 18 days of release. Successfully reviving a franchise that was thought to be dead, the $145M-budgeted Ghost Protocol is now on track to reach the $200M mark while the global gross is on a trajectory to smash the $500M barrier.

Overseas, the newest Mission: Impossible ruled for the third consecutive frame with an estimated $37M over the standard Friday-to-Sunday period from 54 markets for a robust international cume to date of $225.3M and global tally of $366.5M. Leading territory totals include $35.7M in Japan, $34.8M in Korea, $14.8M in France, $12.7M in the U.K., $12.2M in Russia, and $10.1M in India. With key markets like China and Italy still to open, the overseas tally will climb well above $300M.

Finishing the long weekend in second place was the season's other star-driven action sequel, Sherlock Holmes: A Game of Shadows, which experienced a similar 15% slide to an estimated $26.5M over the Friday-to-Monday period. The big-budget Warner Bros. film has now grossed $136.5M after 18 days of play and is running 18% behind the $166.4M of its 2009 predecessor with Christmas and New Year's included in both totals. A final of $175-200M seems likely putting it below the $209M of the first Sherlock.

Following Robert Downey Jr. for the third straight weekend, the G-rated kidpic Alvin and the Chipmunks: Chipwrecked enjoyed a 8% bump to an estimated $21M boosting the sum to $97.4M. The Fox pic is running 34% behind the pace of the first Alvin from 2007 which also opened in mid-December before the big holiday bump family films receive when schools close for Christmas. Chipwrecked may end up in the $130-140M range.

Holiday holdovers hope to keep the cash rolling in through mid-January since most college students are still out of school. Plus only one new film opens wide next weekend - the horror film The Devil Inside in 2,000+ theaters - so there will be little competition from new players until January 13 which is the start of the lucrative four-day Dr. Martin Luther King Jr. holiday weekend which tends to be very busy at multiplexes.

In its first full weekend of release, Steven Spielberg's War Horse grossed an estimated $19.2M over four days from 2,547 locations for a solid $7,546 average which was second best among wide releases after Ghost Protocol. Disney's release of the DreamWorks production has resulted in $45.2M in the nine days since its Christmas Day debut last Sunday. A final take of around $75M may result unless it shows strong legs.

Slipping a notch to fifth place was 2011's top-grossing R-rated drama, The Girl with the Dragon Tattoo, which took in an estimated $19M over four days raising the 13-day total to $60M. The Friday-to-Monday take was off a scant 3% giving the Sony title a better hold than the other two major movies playing to mature adults - Mission: Impossible and Sherlock Holmes - which saw declines of 13% and 15% respectively. The American remake of the popular Swedish crime thriller should easily reach $90M and could possibly even hit the $100M mark in North America.

Matt Damon's family dramedy We Bought a Zoo followed with an estimated $16.5M representing a 13% jump over its Christmas weekend debut. The Fox title has banked $44M in 11 days. Close behind was Spielberg's second offering of the season, The Adventures of Tintin, with an estimated $15M raising the total to $50.8M in 13 days. Unlike other films aimed at the family audience, this PG-rated adventure saw its weekend decline as the figure eased by 1%.

The Warner Bros. dud New Year's Eve profited from its namesake holiday and saw sales soar by 49% to an estimated $7.7M. With $47.4M to date, the all-star comedy should see its numbers tumble into the new year now that its story is no longer relevant. Bad word-of-mouth won't help either.

The 3D alien attack thriller The Darkest Hour ranked ninth with an estimated $5.3M, up 4%, giving Summit a modest $14.2M thus far. Oscar hopeful The Descendants rounded out the top ten surging 30% to an estimated $4.3M putting the Fox Searchlight hit at $40.3M with much of awards season still to go. Golden Globe wins and key Oscar nominations could keep the George Clooney film going all through January.

Sneaking in right before the end-of-year Oscar deadline were some awards contenders in platform release. Leading the way with a bang was Meryl Streep's Margaret Thatcher pic Iron Lady which bowed to an estimated $280,000 from just four locations for a scorching $70,102 average over four days for The Weinstein Co. Sony Classics opened the acclaimed Iranian film A Separation in three sites and grossed an estimated $79,000 for a strong $26,494 average over the long weekend. The film has been a dominant force during awards season in the foreign language race and is one of 63 films vying for the five Oscar nods in that category. The critically acclaimed lesbian drama Pariah bowed to an estimated $65,000 from four houses for a respectable $16,273 average and $102,000 since its Wednesday launch.

The top ten films grossed an estimated $172.8M over four days which was up from last year's three-day frame when Little Fockers stayed in the top spot with $25.8M; but down from 2009 when Avatar remained at number one with a huge $68.5M in is third round. The overall marketplace over the long holiday session was up only 3% from six years ago when New Year's Day last fell on a Sunday indicating a substantial drop in attendance since ticket prices have climbed by more than 20% during that time.

Follow Gitesh on Twitter!

Source: http://www.rottentomatoes.com/m/1924224/news/1924224/

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bcuban: i am today confirming that I am not interested in the Penn State Football head coach position

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i am today confirming that I am not interested in the Penn State Football head coach position bcuban

Brian Cuban

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Source: http://twitter.com/bcuban/statuses/154695111735918592

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