New research: Friends with benefits relationships (FWB). | UBC ...

[unable to retrieve full-text content]Despite the fact that FWB relationships have become very common, there's still little research examining the nature and impact (both positive and negative) of these types of relationships. This recent study was just published ...

Source: http://ubcpsych350.wordpress.com/2013/09/05/new-research-friends-with-benefits-relationships-fwb/

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Improve Your Ranking Through Social Media Optimization Services

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There are some benefits of Social activity ?

Increased awareness of the company and productGaining traffic to WebsitesYou can develop targeted marketing activitiesIncrease your latest or new businessContent travel easy wayMeasure your discussion about your services and product

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There are various activities of our company that are carried out such as Guest posting, web 2.0 blog submission, Article submission services, press release distribution, video optimization submission, PDF submission, PPT submission, review posting and more activity execute by our networking website optimizer team members and increase brand, product or services visibility online through social activity generate more traffic to your website and get more revenue from web site.

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Source: http://webdiana.net/social-media/improve-your-ranking-through-social-media-optimization-services.html

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First scientific method to authenticate world's costliest coffee

Public release date: 21-Aug-2013
[ | E-mail | Share ]

Contact: Michael Bernstein
m_bernstein@acs.org
202-872-6042
American Chemical Society

The world's most expensive coffee can cost $80 a cup, and scientists now are reporting development of the first way to verify authenticity of this crme de la crme, the beans of which come from the feces of a Southeast Asian animal called a palm civet. Their study appears in ACS' Journal of Agricultural and Food Chemistry.

Eiichiro Fukusaki and colleagues point out that Kopi Luwak (Indonesian for "civet coffee") is the world's costliest coffee, often fetching $150-$200 per pound. Palm civets eat coffee berries, digest the soft fruit surrounding the bean and excrete the bean. Workers retrieve the coffee beans and clean, ferment and roast them. The price makes Kopi Luwak a tempting target for fraud, with ordinary coffee sold as Kopi Luwak or real Kopi Luwak adulterated with cheap beans. Fukusaki and his team decided to find a way to scientifically identify the real deal.

They describe identifying unique chemical fingerprints that can be used to identify authentic Kopi Luwak and distinguish pure Kopi Luwak from Kopi Luwak that has been mixed with cheaper coffee. "This is the first report to address the selection and successful validation of discriminant markers for the authentication of Kopi Luwak," the scientists state.

###

The American Chemical Society is a nonprofit organization chartered by the U.S. Congress. With more than 163,000 members, ACS is the world's largest scientific society and a global leader in providing access to chemistry-related research through its multiple databases, peer-reviewed journals and scientific conferences. Its main offices are in Washington, D.C., and Columbus, Ohio.

To automatically receive news releases from the American Chemical Society, contact newsroom@acs.org.

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AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.

Public release date: 21-Aug-2013
[ | E-mail | Share ]

Contact: Michael Bernstein
m_bernstein@acs.org
202-872-6042
American Chemical Society

The world's most expensive coffee can cost $80 a cup, and scientists now are reporting development of the first way to verify authenticity of this crme de la crme, the beans of which come from the feces of a Southeast Asian animal called a palm civet. Their study appears in ACS' Journal of Agricultural and Food Chemistry.

Eiichiro Fukusaki and colleagues point out that Kopi Luwak (Indonesian for "civet coffee") is the world's costliest coffee, often fetching $150-$200 per pound. Palm civets eat coffee berries, digest the soft fruit surrounding the bean and excrete the bean. Workers retrieve the coffee beans and clean, ferment and roast them. The price makes Kopi Luwak a tempting target for fraud, with ordinary coffee sold as Kopi Luwak or real Kopi Luwak adulterated with cheap beans. Fukusaki and his team decided to find a way to scientifically identify the real deal.

They describe identifying unique chemical fingerprints that can be used to identify authentic Kopi Luwak and distinguish pure Kopi Luwak from Kopi Luwak that has been mixed with cheaper coffee. "This is the first report to address the selection and successful validation of discriminant markers for the authentication of Kopi Luwak," the scientists state.

###

The American Chemical Society is a nonprofit organization chartered by the U.S. Congress. With more than 163,000 members, ACS is the world's largest scientific society and a global leader in providing access to chemistry-related research through its multiple databases, peer-reviewed journals and scientific conferences. Its main offices are in Washington, D.C., and Columbus, Ohio.

To automatically receive news releases from the American Chemical Society, contact newsroom@acs.org.

Follow us: Twitter Facebook

---

[ | E-mail | Share ]

?

AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.

Source: http://www.eurekalert.org/pub_releases/2013-08/acs-fsm082113.php

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Golden iPhone? kind of a stretch but it's wild rumor time for Apple

Sorry, Readability was unable to parse this page for content.

Source: http://www.facebook.com/techspot/posts/709307782418939

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Analysis: Summers-led Fed might raise rates faster than Yellen

By Alister Bull

WASHINGTON (Reuters) - Barring another financial crisis or slide back into recession, the next head of the Federal Reserve is likely to oversee a gradual normalization of monetary policy.

But that pace, including the first interest rate hike, might be somewhat quicker under former Treasury Secretary Lawrence Summers than under current Fed Vice Chair Janet Yellen, the two top contenders for the job, if their own comments are any guide.

Moreover, a Summers-led Fed would appear less likely to extend or expand the use of the extraordinary measures that the central bank has undertaken during the tenure of current chairman Ben Bernanke, whose term expires in January.

The distinction between Summers and Yellen is perhaps best illustrated by remarks they delivered at separate events in April.

Yellen, a strong supporter of Bernanke's policies, in a speech to business editors in Washington, exhorted the Fed to keep its focus on efforts to foster a lower unemployment rate, even if it comes at a cost of stronger-than-desired inflation.

By contrast, Summers, in a separate, closed event in California later that month, raised doubts that the unemployment rate could drop all that much lower without kindling unwanted levels of inflation.

He also was skeptical about how effective the Fed's massive bond buying program, known as quantitative easing, has been in promoting economic growth.

CONTINUITY

"Both Yellen and Summers are unlikely to commit the mistake of premature policy tightening, and that risk is probably somewhat lower with Yellen than Summers," said Michael Feroli, an economist with JP Morgan in New York.

That said, commitments the Fed has already undertaken make quick changes unlikely whoever gets the job, as St. Louis Fed President James Bullard noted on Thursday.

"I would expect a lot of continuity in policy, and I think any new person coming in would want that continuity. They don't want to come in and really rock the boat a lot. So I would expect a smooth transition," Bullard said in Louisville.

But slight differences in how the new Fed chair views policy could matter a great deal if the economy fails to recover as expected, or if there is a debate about how long to hold interest rates near zero once unemployment has fallen further.

The Bernanke-led Fed has already committed to keeping rates ultra-easy until unemployment hits 6.5 percent, and at least one official advocates lowering this forward guidance to 5.5 percent in order to hold down borrowing costs.

Summers might be less inclined to back such a move if the news on the economy continued to be mixed.

Yellen's strong support for the importance of driving down long-term unemployment, even if that meant inflation rising a bit, could be more open to such an aggressive move.

She has also laid out a so-called 'optimal policy path' that would permit a bit more inflation than the Fed's 2 percent goal in order to push down long-term unemployment, which she views as even more damaging to the nation's economic health.

As a result, there is a broad body of public written and spoken commentary in which she has articulated an approach which would not diverge much from the path already laid out by Bernanke, and might even be more dovish.

SUMMERS NO HAWK

In contrast, most of Summers' recent comments have been on fiscal policy, where his advocacy for government intervention might infer a readiness to maintain Fed stimulus.

But he has talked about monetary policy on at least two occasions in the last year, and these remarks make clear he is no hawk in the sense of the fierce Fed critics who blame the central bank's dramatic action for stoking a looming inflation.

Indeed, he argued in favor of additional quantitative easing in a Reuters opinion piece published on June 3, 2012.

"Many in both the U.S. and Europe are arguing for further quantitative easing to bring down longer-term interest rates. This may be appropriate given that there is a much greater danger from policy inaction to current economic weakness than of overreacting," he wrote.

And in his most comprehensive monetary policy remarks, at an April conference in Santa Monica, California, hosted by Drobny Global Advisors, he explicitly played down the dangers of inflation.

SKEPTIC

But he also voiced reservations about the benefits of further aggressive bond purchases, saying that "QE in my view is less efficacious for the real economy than most people suppose," according to a transcript of his comments obtained by Reuters.

That view could be significant if the economy fails to recover.

The Fed expects to scale back bond buying later this year and end the program by mid-2014. It may want to consider delaying that wind-down, or even increasing purchases from a current $85 billion monthly pace, if growth disappoints.

A Summers' Fed might resist extending the program from worry it will not have much benefit, but carries mounting costs, which he hinted at the April conference by pointing to signs that emerging market credit "is starting to look a little frothy."

That market subsequently has cooled substantially due to signals the Fed is nearing the point of reducing its purchases.

Furthermore, he has also signaled a gloomy view on how fast the economy can expand in the future without overheating, noting that the natural rate of unemployment may have risen and its potential rate of growth may have declined.

"To the extent that view is accepted, it should operate in the direction of leading one to expect the beginning of the tightening phase to happen sooner than is now supposed by many," Summers told the invitation-only event in Santa Monica.

That hint of doubt in his mind about how much slack might be left in the economy if the jobless rate reached 6.5 percent could translate into a readiness to raise interest rates faster once the threshold is breached.

"He might be more likely than Yellen to support raising the funds rate target soon after the 6.5 percent threshold is met," said Laurence Meyer at Macroeconomic Advisers.

"We suspect that Summers might be inclined to raise rates more quickly than Yellen after the first rate hike," the former Fed governor wrote in a client note.

(Reporting by Alister Bull; Editing by Leslie Gevirtz)

Source: http://news.yahoo.com/analysis-summers-led-fed-might-raise-rates-faster-100448218.html

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Oil leaks from submerged Philippine ferry

AFP - Philippine authorities said Sunday they were unable to stop fuel leaking from a ferry that sank, as oil spread to coastal villages, fishing grounds and mangroves more than five kilometres (three miles) away.

The St Thomas Aquinas ferry sank on Friday night after colliding with a cargo ship just outside the port in Cebu, the Philippines' second biggest city, leaving at least 34 people dead.

Authorities were focused Sunday on trying to find 85 people missing and believed inside the ferry, about 30 metres (100 feet) under water, but the leaking oil added a new front to the disaster response.

"You can see it coming out of the sunken vessel. It is bunker fuel and it is black," Cebu coastguard commander Weniel Azcuna told AFP.

"It has affected a lot of shorelines here in Cebu and (the neighbouring island of) Mactan."

He said there was about 120,000 litres (31,700 gallons) of bunker fuel, and divers had been unable to reach the source of the leak.

Among the areas affected were Lapu-Lapu City and Cordova town in Mactan island, and Talisay city in Cebu, which all host popular beach resorts.

Cordova also has protected mangrove areas while Talisay has a thriving fishing industry.

At Cordova, roots of mangroves were coated in black oil at low tide, according to an AFP reporter who visited the area, which is more than five kilometres from where the ferry sank.

Herons and egrets waded amid shallow water that had a rainbow sheen of oil.

Azcuna said that because the hole could not be plugged, the coastguard and a company contracted by the ferry operator were spraying a chemical dispersant to try and break it up.

He could not say how much of the fuel had leaked out already.

An official with the ferry operator told ABS-CBN television the company intended to bring in foreign experts who could safely pump out the remaining fuel.

Source: http://www.france24.com/en/20130818-oil-leaks-submerged-philippine-ferry

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GOP ramps up war on IRS

By PATRICK TEMPLE-WEST
August 13, 2013

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Tea Party Republicans are teed off

Two Republican lawmakers on Tuesday demanded that an Internal Revenue Service official who triggered investigations into the tax agency?s scrutiny of conservative political groups turn over personal emails.

Lois Lerner, former head of the IRS tax-exempt division, apologized in May for the extra review given to Tea Party and other conservative groups seeking exemptions under a section of the tax code that allows limited political activity.

In a letter to Lerner, the Republicans said they had concerns about some emails she had sent from her IRS account to a personal account.

Those transfers could indicate that she had sent IRS documents to an outside email address, adding a hurdle to the investigations, said Representatives Darrell Issa and Jim Jordan.

The two are leading a probe into the matter for the House of Representatives Oversight and Government Reform Committee.

Lerner is on administrative leave from the agency. Her lawyer did not respond to a request for comment on Tuesday.

An IRS inspector general?s report in May found agency employees improperly screened tax-exemption applications from conservative groups based on their names, using ?Tea Party,? ?Patriot? and other key words as criteria.

Democratic President Barack Obama asked then-acting IRS commissioner Steven Miller to resign in the days after the disclosure, and the FBI opened an investigation.

On Monday Republicans accused the IRS of continuing to screen applications from Tea Party groups based on their names. The IRS, which said in June it had stopped such activities, disputed the allegations.

?The IRS has taken decisive action to eliminate the use of inappropriate political labels in screening tax-exempt status applications,? the agency said in a statement on Tuesday.

Republicans are using the affair to try ?to smear the White House,? said Democratic Representatives Elijah Cummings and Sander Levin in a column in The Washington Post on Tuesday.

Chris Krueger, an analyst who tracks Washington politics for Guggenheim Securities, said Republicans will work to prolong the controversy and try to link it to the IRS? role in implementing Obama?s healthcare insurance program.

The Senate will soon hold a confirmation hearing for Obama?s nominee to head the IRS, John Koskinen. That hearing will be ?a grand stage? for Republicans to revisit the matter, Krueger said.

___

Copyright? ? 2013 Thomson Reuters. All rights reserved.

Copyright? ? 2013 Capitol Hill Blue

Source: http://www.capitolhillblue.com/node/48741

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