Sunday, December 23, 2012

Patch Recipes: Drink it up on Christmas ? Patch.com

Patch Recipes: Drink it up on Christmas ? Patch.com

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December 22, 2012. Posted 18 hours ago.Posted in: Drink Recipes
Patch Recipes: Drink it up on Christmas
Patch.com
Christmas is almost here. If you're celebrating, hopefully you've bought all your presents by now. You probably already know what you're doing food-wise. But did you figure out what you're going to drink? If not, we've got a couple drink recipes that ?

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Source: http://www.foodanddrinktips.com/patch-recipes-drink-it-up-on-christmas-patch-com/27251

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Scenarios: Seven ways the "fiscal cliff" crisis could end (reuters)

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Wall Street falls on fiscal cliff setback

NEW YORK (Reuters) - U.S. stocks finished lower on Friday after a Republican plan to avoid the "fiscal cliff" failed to gain sufficient support on Thursday night, draining hopes that a deal would be reached before 2013.

Still, stocks managed to rebound from the day's lows near the end of the session, and for the week, major averages still ended higher, with the S&P 500 gaining 1.2 percent.

Trading was volatile as confidence eroded in the prospect of a deal out of Washington, and in part due to quarterly expiration of options and futures contracts. The CBOE Volatility Index or VIX, the market's favored anxiety measure, finished below its high of the day.

Republican House Speaker John Boehner failed to garner enough votes from even his own party to pass his "Plan B" tax bill late on Thursday. It was the latest setback in negotiations to avoid $600 billion in tax hikes and spending cuts that some say could tip the U.S. economy into recession.

"The failure with Plan B was disappointing, if not terribly surprising, but now there's a real lack of clarity about what will happen, and markets hate that," said Mike Hennessy, managing director of investments for Morgan Creek in Chapel Hill, North Carolina.

Herbalife dropped for an eighth straight session. Investor Bill Ackman recently ramped up his campaign against the company. The company skidded 19 percent to $27.27 and has lost more than 35 percent this week.

Plan B, which called for tax increases on those who earn $1 million or more a year, was not going to pass the Democratic-led Senate or win acceptance from the White House anyway. But it exposed the reality that it will be difficult to get Republican support for the more expansive tax increases that President Barack Obama has urged.

Still, the declines of less than 1 percent in the three major U.S. stock indexes suggest that investors do not believe the economy will be unduly damaged by the absence of a deal, said Mark Lehmann, president of JMP Securities, in San Francisco.

"You could have easily woken up today and seen the market down 300 or 400 points, and everyone would have said, 'That's telling you this is really dire,'" Lehmann said.

"I think if you get into mid-January and (the talks) keep going like this, you get worried, but I don't think we're going to get there."

Banking shares, which outperform during economic expansion and have led the market on signs of progress on resolving the fiscal impasse, led declines. Citigroup Inc fell 1.6 percent to $39.49, while Bank of America slid 1.9 percent to $11.29. The KBW Banks index lost 1.19 percent.

Volatility on Friday was exacerbated in part by "quadruple witching," the quarterly expiration of stock index futures and options, stock options and single stock futures contracts.

About 8.59 billion shares changed hands on major U.S. exchanges, more than the daily average of 6.47 billion daily in 2012, in part due to expiration.

The Dow Jones industrial average dropped 120.72 points, or 0.91 percent, to 13,191.00. The Standard & Poor's 500 Index fell 13.52 points, or 0.94 percent, to 1,430.17. The Nasdaq Composite Index lost 29.38 points, or 0.96 percent, to 3,021.01.

"Amazingly, this sharp decline today may not actually change the technical picture much - unless the decline gets worse," said Larry McMillan, president of options research firm McMillan Analysis Corp, in a research note.

The day's round of data indicated the economy was surprisingly resilient in November; consumer spending rose by the most in three years and a gauge of business investment jumped.

But separate data showed consumer sentiment slumped in December. The S&P Retail Index fell 1.2 percent.

U.S.-listed shares of Research in Motion sank 22.7 percent to $10.91 after the Canadian company, known as the BlackBerry maker, reported its first-ever decline in its subscriber numbers on Thursday alongside a new fee structure for its high-margin services segment.

(Additional reporting by Ryan Vlastelica and Leah Schnurr; Editing by Bernadette Baum, Jan Paschal and Nick Zieminski)

Source: http://news.yahoo.com/wall-street-clings-hopes-budget-deal-market-risks-203225678--sector.html

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Unilever Signs 5-Year Business Process Outsourcing Contract ...

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Saturday, December 22, 2012

Rebels threaten to storm 2 Syrian Christian towns

In this Monday, Dec. 17, 2012 photo, a Free Syrian Army fighter takes cover during fighting with the Syrian Army in Azaz, Syria. (AP Photo/Virginie Nguyen Huang)

In this Monday, Dec. 17, 2012 photo, a Free Syrian Army fighter takes cover during fighting with the Syrian Army in Azaz, Syria. (AP Photo/Virginie Nguyen Huang)

In this Monday, Dec. 17, 2012 photo, a Free Syrian Army fighter scans for Syrian Army positions in Azaz, Syria. (AP Photo/Virginie Nguyen Hoang)

(AP) ? Rebels have threated to storm two predominantly Christian towns in central Syria if residents do not "evict" government troops they say are using the towns as a base to attack nearby areas.

A video released by rebels showed Rashid Abul-Fidaa, who identified himself as the commander of the Ansar Brigade for Hama province, calling on locals in Mahrada and Sqailbiyeh to rise up against President Bashar Assad's forces or prepare for an assault.

"Assad's gangs in the cities are shelling our villages with mortars and rockets destroying our homes, killing our children and displacing our people," said Abdul-Fidaa, who wore an Islamic headband and was surrounded by gunmen. "You should perform your duty by evicting Assad's gangs," he said. "Otherwise our warriors will storm the hideouts of the Assad gangs."

Abdul-Fidaa accused regime forces of taking positions in the two towns in order to "incite sectarian strife" between Christians and the predominantly Sunni opposition. Assad belongs to the Alawite minority sect, an off-shoot of Shiite Islam.

The threat comes just two days after a U.N. team investigating human rights abuses in Syria accused anti-Assad militants of hiding among the civilian population, triggering strikes by government artillery and the air force.

The Britain-based Syrian Observatory for Human Rights, the activist group which reported the rebel ultimatum on Saturday, said such an attack by rebels could force thousands of Christians from their homes.

Russia's foreign minister, meanwhile, said that Moscow would welcome any country's offer of a safe haven to Assad, but underlined that Moscow itself has no intention of giving him shelter if he steps down.

Sergei Lavrov also said that Syria has consolidated its chemical weapons into one or two locations to protect them from a rebel onslaught. Russia, which has military advisers training Syria's armed forces, has kept close watch over Damascus's chemical arsenal, Lavrov added.

Syria refuses to confirm or deny if it has chemical weapons but is believed to have nerve agents as well as mustard gas. It also possesses Scud missiles capable of delivering them.

Concerns over the arsenal have escalated as the Assad regime suffers losses on the battlefield. U.S. intelligence officials have said it may be readying chemical weapons and could be desperate enough to use them. Both Israel and the U.S. have also expressed concerns the weapons could fall into militant hands if the regime crumbles.

Syria's conflict started 21 months ago as an uprising against Assad, whose family has ruled the country for four decades. But the bloody crackdown that followed led rebels to take up arms, and the ensuing fighting transformed into a civil war. According to activists, more than 40,000 people have been killed since March 2011.

Christians, who make up about 10 percent of Syria's population, say they are particularly vulnerable to the violence sweeping the country of 22 million people. They are fearful that Syria will become another Iraq, with Christians caught in the crossfire between rival Islamic groups.

Clashes between troops and rebels in the central city of Homs, Syria's third largest, have already displaced tens of thousands of Christians, most of whom either fled to the relatively safe coastal areas or to neighboring Lebanon.

Rami Abdul-Rahman, who heads the Observatory, said some Christians and Alawites have also left Hama province in the past several days to escape violence. He said some of them found shelter in the coastal city of Tartus.

In Damascus, the new head of the Greek Orthodox Church of Antioch said that Christians in Syria had deep roots in the country and were not part of the conflict. Speaking to reporters in the capital, Patriarch John X. Yazigi, urged rival factions to negotiate a settlement.

Violence continued elsewhere in the country on Saturday.

The Observatory said a car bomb went off in the Damascus neighborhood of Qaboun, killing at least five people and wounding others. A Syrian official in the capital confirmed the blast but had no immediate words on casualties.

Elsewhere, the Syrian army said in a statement carried on state-run TV that it had repelled a rebel attack on a military base that killed a regimental commander in the Damascus suburb of Chebaa.

And in Damascus, the state-run news agency SANA said gunmen assassinated Haider al-Sammoudi, a cameraman for the government's TV station. Several journalists working for state media have been assassinated over the past months.

In another development, 11 rebel groups said they have formed a new coalition, the Syrian Islamic Front.

A statement issued by the new group, dated Dec. 21 and posted on a militant website Saturday, described the group as "a comprehensive Islamic front that adopts Islam as a religion, doctrine, approach and conduct."

Several rebel groups have declared their own coalitions in Syria, including an "Islamic state" in the embattled northern city of Aleppo.

The statement said the new group will work to avoid differences or disputes with the other Islamic groups.

Syrian authorities meanwhile handed over to Beirut three Lebanese citizens who were killed last month in a clash with Syrian troops shortly after they crossed the border. Syria has so far returned 10 bodies to the Lebanese authorities and says it has no more.

____

Associated Press writer Maamoun Youssef in Cairo and Alblert Aji in Damascus contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-12-22-Syria/id-5c6048ecd87b4acdbeb447213e0f6676

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