Thursday, October 11, 2012

Mo Yan: Why the Swedish Academy awarded Mo Yan the Nobel Prize (+video)

Mo Yan?s the first Chinese winner of the literature prize who is not a critic of China's government, but the?Swedish Academy says that it did not take political considerations into account when selecting the popular novelist.

By Alexa Olesen,?Associated Press, Louise Nordstrom,?Associated Press / October 11, 2012

In this file photo, Chinese writer Mo Yan listens during an interview in Beijing, China. Mo was awarded the Nobel Prize in literature during a ceremony in Sweden on Thursday, Oct. 11, 2012.

AP/File

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Novelist?Mo?Yan, this year's Nobel Prize winner for literature, is practiced in the art of challenging the status quo without offending those who uphold it.

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'; } else if (google_ads.length > 1) { ad_unit += ''; } } document.getElementById("ad_unit").innerHTML += ad_unit; google_adnum += google_ads.length; return; } var google_adnum = 0; google_ad_client = "pub-6743622525202572"; google_ad_output = 'js'; google_max_num_ads = '1'; google_feedback = "on"; google_ad_type = "text"; google_adtest = "on"; google_image_size = '230x105'; google_skip = '0'; // --> Chinese writer Mo Yan wins the 2012 Nobel Prize for literature for works with qualities of "hallucinatory realism". Sarah Sheffer reports.

Mo, whose popular, sprawling, bawdy tales bring to life rural China, is the first Chinese winner of the literature prize who is not a critic of the authoritarian government. And Thursday's announcement by the Swedish Academy brought an explosion of pride across Chinese social media.

The state-run national broadcaster, China Central Television, reported the news moments later, and the official writers' association, of which?Mo?is a vice chairman, lauded the choice. But it also ignited renewed criticisms of?Mo?from other writers as too willing to serve or too timid to confront a government that heavily censors artists and authors, and punishes those who refuse to obey.

The reactions highlight the unusual position?Mo?holds in Chinese literature. He is a genuinely popular writer who is embraced by the Communist establishment but who also dares, within careful limits, to tackle controversial issues like forced abortion. His novel "The Garlic Ballads," which depicts a peasant uprising and official corruption, was banned.

"He's one of those people who's a bit of a sharp point for the Chinese officials, yet manages to keep his head above water," said his longtime U.S. translator, Howard Goldblatt of the University of Notre Dame. "That's a fine line to walk, as you can imagine."

Typical of his ability to skirt the censors' limitations,?Mo?had retreated from Beijing in recent days to the rural eastern village of Gaomi where he was raised and which is the backdrop for much of his work. He greeted the prize with characteristic low-key indifference.

"Whether getting it or not, I don't care," the 57-year-old?Mo?said in a telephone interview with CCTV from Gaomi. He said he goes to his childhood hometown every year around this time to read, write and visit his elderly father.

"I'll continue on the path I've been taking, feet on the ground, describing people's lives, describing people's emotions, writing from the standpoint of the ordinary people," said?Mo, whose real name is Guan Moye and whose pen name "Mo?Yan" means "don't speak." He chose the name while writing his first novel to remind himself to hold his tongue and stay out of trouble.

The state media hoopla and government cheer contrasted with the last Nobel prizes given to Chinese. Beijing disowned China-born French emigre dramatist, novelist and government critic Gao Xingjian when in 2000 he became the only other Chinese writer to win the literary prize.

After imprisoned democracy campaigner Liu Xiaobo was awarded the Peace Prize two years ago, the government heaped scorn on the award as a tool of the West and put diplomatic and economic relations with Norway, which awards the prize, into a chill.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/bnAj3TLZA10/Mo-Yan-Why-the-Swedish-Academy-awarded-Mo-Yan-the-Nobel-Prize-video

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10 Things to Know for Today

FILE - In this Wednesday, Feb. 2, 2011 file photo, pro-government demonstrators, some riding camels and horses and armed with sticks, clash with anti-government demonstrators in Tahrir square, the center of anti-government demonstrations, in Cairo, Egypt. Egypt's state news agency said Wednesday, Oct. 10, 2012 that a Cairo court has acquitted 25 loyalists of ousted President Hosni Mubarak loyalists who had been accused of organizing an attack in which assailants on horses and camels charged into crowds of anti-regime protesters last year. (AP Photo/Ben Curtis, File)

FILE - In this Wednesday, Feb. 2, 2011 file photo, pro-government demonstrators, some riding camels and horses and armed with sticks, clash with anti-government demonstrators in Tahrir square, the center of anti-government demonstrations, in Cairo, Egypt. Egypt's state news agency said Wednesday, Oct. 10, 2012 that a Cairo court has acquitted 25 loyalists of ousted President Hosni Mubarak loyalists who had been accused of organizing an attack in which assailants on horses and camels charged into crowds of anti-regime protesters last year. (AP Photo/Ben Curtis, File)

FILE - This July 5, 2004 file photo shows U.S. Postal Service team leader and five-time Tour de France winner Lance Armstrong, third from right, framed by his teammates as the pack rides during the second stage of the 91st Tour de France cycling race between Charleroi and Namur, Belgium. The U.S. Anti-Doping Agency says 11 of Lance Armstrong's former teammates testified against him in its investigation of the cyclist, revealing "the most sophisticated, professionalized and successful doping program that sport has ever seen." USADA will deliver its reasoned decision against Armstrong later Wednesday, Oct. 10, 2012, a summary of the facts it used to hand him a lifetime suspension and erase his seven Tour de France titles. (AP Photo/Christophe Ena, File)

FILE - This Dec. 19, 2011 file photo shows Mei Xiang, the female giant panda at the Smithsonian's National Zoo in Washington. The zoo will disclose the cause of death of Mei Xiang's 6-day-old cub at a news conference Thursday morning, Oct. 11, 2012. The cub, believed to be female, died Sept. 23, 2012. (AP Photo/Susan Walsh, File)

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today (times in EDT):

1. FIRST TO BE DEBATED: WEDDING GUEST LIST

Before the vice presidential candidates face off at 9 p.m., moderator Martha Raddatz of ABC News is scrutinized for inviting Obama to her 1991 wedding.

2. WHERE MEXICAN METH IS MAKING INROADS

The drug made in factory-like "super labs" now accounts for as much as 80 percent of the U.S. market.

3. WHO CLAIMS TO HAVE THE DOPE ON LANCE ARMSTRONG

A report shows that 11 former teammates helped build the case against the dethroned Tour de France king.

4. PANDA CUB'S POST-MORTEM

Washington's National Zoo plans to reveal at 10 a.m. the cause of the 6-day-old bear's surprise death.

5. WHY MORE ANTARCTIC ICE MAY BE SIGN OF GLOBAL WARMING

Experts say shifts in wind patterns and a giant ozone hole ? both related to human activity ? are probably the cause.

6. 'CAMEL BATTLE' ORGANIZERS ACQUITTED

The 24 were accused in one of the most dramatic attacks on protesters in last year's Egyptian uprising, in which assailants on horses and dromedaries charged into crowds in Tahrir Square, killing nearly a dozen people.

7. WHAT IRAN'S SPY AGENCY SAYS ABOUT THE U.S.

The Intelligence Ministry's website appeals for tips and mocks America's rising obesity rate, large prison population and school shootings.

8. EAT CHOCOLATE, WIN A NOBEL

A comparison of per-capita chocolate consumption found "a surprisingly powerful correlation" with the number of prizes a country had won.

9. JUSTIN BIEBER'S STAR-STUDDED FAMILY TREE

The teen idol's distant relatives include Ryan Gosling, Avril Lavigne and Celine Dion, according to genealogists at Ancestry.com.

10. MAYBE GET MARRIED, MAYBE BUY A LOTTERY TICKET

Or maybe just set your alarm clock for 07:08:09 on 10-11-12. "But there is no cosmic significance," one expert says of Thursday's date.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2012-10-11-10-Things-to-Know-Today/id-9e189bccc9c9437496928eefbf54c619

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Regulator eases UK bank rules to support lending

LONDON (Reuters) - The Financial Services Authority (FSA) said on Wednesday it has relaxed capital and liquidity rules on banks in an effort to stimulate lending and boost the recession-hit economy, lifting bank shares.

The FSA said the policy shift was set out in the Bank of England's Financial Policy Committee in September, and banks were aware of the changes.

But industry sources and analysts said there were mixed messages coming from regulators on capital rules, including several recent suggestions that more capital was needed.

FPC member Robert Jenkins, one of the committee's hardliners, said on Wednesday banks may need more capital because a rule to curb balance sheets is too generous and urged bank shareholders to support bolstering balance sheets.

"The old financial structure has crumbled and a new edifice is rising. But its foundation is flawed, the walls are thin and the beams are brittle," Jenkins said.

"The good news: there is still time for you to weigh in and strengthen the structure. Begin with the foundation. The foundation is capital."

The FPC said in June that banks could tap their 500 billion pound cash pile to increase lending to companies and added last month that the capital buffers could also be eased.

The FSA said banks no longer need to have a 10 percent core capital ratio but can instead hold a fixed amount of capital. The aim is to get banks to strengthen their capital and also be able to dip into buffers at times of difficulty so they can keep lending.

Andrew Bailey, head of the FSA's prudential business unit, said last week banks can cut the amount of capital they hold to the minimum requirements, and trim their cash-like liquidity buffers to help increase lending.

The regulator will also not require banks to hold extra capital against new lending that qualifies for a "funding for lending" (FLS) scheme targeted at loans to corporate borrowers.

Confirmation that the shift in policy was now being implemented lifted bank shares, as British regulators have been among the strictest in implementing new global regulations.

"If they get a bit of leeway from the regulator, that is breathing space for these banks which, in the short term, is good for the shares. Longer term, I stay very cautious," Bernstein Research senior analyst Chirantan Barua said.

Lloyds shares were up 4.6 percent by 1510 GMT, Royal Bank of Scotland firmed 2.6 percent and Barclays added 0.8 percent, all outperforming a 0.2 percent fall in the European bank index.

MIXED MESSAGES

Minutes of the MPC's September meeting showed it wanted banks to tap outside investors for capital and said policymakers had a range of views about the existence and strength of any trade-off between tighter regulation and greater lending.

It also said it would consider giving banks more precise individual guidance on how much capital to raise at its next meeting.

The FPC's Jenkins said a planned global leverage ratio or cap on bank balance sheet growth was a "hedge fund manager's dream", meaning it would give lenders too much leeway to take risks.

Banks may be tempted to be less strict on whom they lend to if capital rules are relaxed, said Enrique Schroth of the Cass Business School.

"Lending may increase, but at the expense of higher default probabilities, and more severe recessions in the future," Schroth said.

The shift to a fixed amount of capital from a capital ratio chimes with a move by the European Union's banking regulator last week.

The European Banking Authority said EU banks, which had been required to hold capital of 9 percent of their risk-weighted assets, will in future be told to hold a set amount, so they do not need to top up capital if they increase lending.

Policymakers have been attempting to stop tougher new regulations from choking off economic recovery.

FLS, a scheme that offers banks cheap finance if they increase lending to households and businesses, opened at the start of August but has yet to get credit flowing and prove its worth.

(Reporting by Stephen Mangan, Steve Slater, Huw Jones and Toni Vorobyova; Editing by Dan Lalor and David Cowell)

Source: http://news.yahoo.com/fsa-eases-bank-rules-support-lending-090445780--sector.html

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Top Ideas for Low Cost Franchises

Franchise opportunities range in price from thousands to hundreds of thousands of dollars. Depending on how long you are willing to wait to make a return on your investment, there are many quality franchises available for you to start today at a low cost. Let?s take a comprehensive look at some of the opportunities for low cost franchises within the Franchise Genius family of franchises.

For a minimum investment of just $3,000, you can start an SMS Masterminds franchise. This mobile marketing service can be utilized by small and medium sized businesses to help develop a following of loyal customers. The system of kiosks, text alerts and other mobile technology builds residual income when you sign clients up for monthly service. You can target businesses like nightclubs, retail shops, gas stations and other locations with high traffic areas where people spend money.

Cleaning franchises, like West Sanitation Services, are sanitary and odor control services to help businesses maintain safe and clean restrooms for employees and customers. An initial investment of $5,000 gets you started. This franchise opportunity includes exclusive access to a proprietary line of cleaning products that is both effective and safe for the environment.

Construction franchises such as Concrete Technology provide residential homeowners and commercial businesses with a variety of landscaping options. They install outdoor features like walkways, patios, driveways and swimming pools. They also have experience in installing and refinishing interior flooring and outdoor decks. A minimum investment of just $9,500 is required.

Children?s franchises, like Kids? Closet Connection, specialize in consignment of gently used children?s clothes. Locate your franchise in a growing area near schools and new residential developments, and you?ve got an ideal market. A minimum investment of just over $11,000 is required to start this low cost franchise.

Mobile food franchising is a popular and low cost way to get into the franchising business. A Kona Ice franchise serves ice cream and shaved ice treats from an eye-catching vehicle. A Kona Ice franchise costs $20,000 in initial investment, whereas standard restaurant franchises cost at least 10 times as much. With this low buy-in, you could work seasonally and still make enough money to get a return on your investment.

Business coaching is making a strong appearance in the franchising industry, as companies try to be more effective in sales, marketing and strategic growth. For a minimum investment of $25,000, you can start an ActionCOACH franchise and help other businesses succeed in developing their business systems and personnel to support growth.

Fitness franchises continue to do well in the United States. Certain metropolitan areas are performing well, despite the sluggish economy, proving people are willing to pay for health and fitness. LA Boxing is a fitness center that primarily offers boxing and toning. The minimum investment for this fitness franchise is $30,000.

Because there are exciting choices available in low cost franchises, you?ll need to do some research to determine which one to pursue. Keep in mind that the best way to evaluate a franchise is to interview existing franchisees about their experiences with the company and product line.

Source: http://www.franchisegenius.com/blog/top-ideas-for-low-cost-franchises/

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Somanabolic Muscle Maximizer Review | Healthuse - Health ...

The Somanabolic Muscle Maximizer is considered to be one the most dynamic fitness and muscle building program because of its exclusive method which has been helping human beings to gain muscles to reshape body figures in amazingly fast manner. It has been developed by Kyle Leon who tried so hard to become a real bodybuilder as he was naturally in skinny body shape. Thought, he spent a huge amount of money to find rid of being called a skinny guy, he could not find something that could actually help him to build his body until he happened to meet a man who told him the hidden that changed his life completely and led him to create this amazing program.

The Somanabolic Muscle Maximizer teaches the people that how they can build muscle by getting rid of excess weight and ugly layers of fat on their bodies. It has got awesome and natural techniques which works effectively. The author has used up a huge amount of time and capital on his work to make it flawless so that people do not waste their money on another scam.

The Somanabolic Muscle Maximizer has come up with a 60-day 100% full money back guarantee which shows the confidence of the author that it is not a Somanabolic Muscle Maximizer scam in any way. The popularity of this program shows that it does not need to furnish any guarantee as its effectiveness is out of the question but the author has offered this protection for those who are afraid of tying this program. If anytime the users feel that they are not getting desired results, they can simply claim to get back the bucks without any questions or hindrance. Somanabolic Muscle Maximizer is a natural way to build muscles and one must give a try to it in order to get a muscular body.

Click here if you want a detail review for the program: http://health.producrate.com/somanabolic-muscle-maximizer-scam/

http://www.health.producrate.com is a recently introduced reviews based website that exposes the comprehensive review of the product for the potential buyers of the product.

Source: http://www.healthuse.com/somanabolic-muscle-maximizer-review-2.html

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Tuesday, October 2, 2012

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Canada Deeply Troubled by Democratic Deficit in Maldives

September 28, 2012 - Foreign Affairs Minister John Baird today issued the following statement:

?Canada is deeply troubled by the reported September 25 travel ban of former President Nasheed in Mal?, Maldives.

?I directly raised the persecution of 19 other Maldives Democratic Party politicians and party officials directly to President Waheed today.

?President Waheed offered no substantial defence of these questions, which is a telling response in itself.

?Canada finds the declining state of democratic values in the Maldives alarming and deeply troubling.

?The recently adopted Commission of National Inquiry report has raised substantial concerns about the independence of the judiciary. That too causes Canada grave concern as we strive to assure independent open elections in the Maldives.

?Canada will continue to raise these concerns forcefully at every meeting to ensure that the Commonwealth principles and values of democracy, human rights and the rule of law are reflected and adhered to.

?Canada with others fought to keep Maldives on the Commonwealth Ministerial Action Group agenda, and we are glad it remains there. We will continue to focus on anti-democratic activities in the Maldives, especially in terms of police brutality, and intimidation of opposition parliamentarians.?

- 30 -

For further information, media representatives may contact:

Foreign Affairs Media Relations Office
Foreign Affairs and International Trade Canada
613-995-1874
Follow us on Twitter: @DFAIT_MAECI

Source: http://www.international.gc.ca/media/aff/news-communiques/2012/09/28a.aspx?lang=eng

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