Saturday, June 2, 2012

Big Ben to be renamed: report

Britain's famed parliament clock tower Big Ben is set to be renamed the Elizabeth Tower in honor of the queen's diamond jubilee, a report said Friday.

Prime Minister David Cameron is among 331 lawmakers who have signed up to a campaign to bestow the tribute to Queen Elizabeth to mark her 60th year on the throne, the Daily Mail reported.

The Guardian also reported the majority backing for the proposal.

It mirrors an honor bestowed on Queen Victoria -- the first British monarch to celebrate a diamond jubilee, back in 1897 -- after whom the square tower at the other end of the Houses of Parliament was renamed.

"It is great news that so many MPs from across the House are backing what would be a fitting tribute to the queen. I hope it will now move ahead," the Mail quoted Cameron as saying.

The 316-foot tower is formally known as the Clock Tower, but it is commonly called Big Ben after the huge bell that it holds, whose distinctive "bongs" sound out the hours in central London.

Lawmakers accepted that the iconic tower, which looms over the 19-century Gothic revival parliament, would continue to be known colloquially as Big Ben, but said that its formal name should honor Queen Elizabeth.

The House of Commons Commission, the governing body of the British parliament, will meet by the end of June and is expected to agree on the renaming of Big Ben, the Daily Mail said.

Big Ben was in the news in January this year when the commission discussed how to manage a tilt affecting the tower.

The tilt is 0.26 degrees to the northwest and has increased very slightly since 2003, although an expert study found it was unlikely to be a problem for 10,000 years.

Britain is holding four days of celebrations beginning on Saturday to mark Elizabeth II's jubilee, including a 1,000-boat river pageant and a star-studded concert.

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Q: What is the gold trend in 2010? How to project the gold trend ...

FAQ: What is the gold trend in 2010? How to project the gold trend what are all the factors determines??

Is it wise to invest in gold now?? Can we wait ? What could be the somewhat right period for gold buying..?

lol thought this was going to be about the Olympics.

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Bing now more social in the US, hopes you 'like' it and tweet about it

Bing now more social in the US, hopes you 'like' it and tweet about it

There's no doubt the Redmond team is spending a hefty amount of time enhancing its search engine at any chance it gets. Adding to the Linked tweaks we'd previously seen, Microsoft's now making Bing more social -- at least in the US of A. The most recent changes bring a Metro-driven interface to the homepage, which boasts that Microsoft "three column design" we laid eyes on earlier this month. Naturally, the revamp will open the doors to improved search results, but this, of course, will depend heavily on if you're up to linking your Facebook, Twitter or other social network accounts with Bing. That said, something tells us you're definitely up to it.

Bing now more social in the US, hopes you 'like' it and tweet about it originally appeared on Engadget on Fri, 01 Jun 2012 11:47:00 EDT. Please see our terms for use of feeds.

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Friday, June 1, 2012

Iraqi VP's lawyers want president to testify

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Engadget's summer gear guide 2012: e-readers

In the interest of keeping cool this summer, we've put together a list of the hottest products out right now. From smartphones to e-readers and everything in between, there's no time like the present to re-up that post-spring-cleaning stash. So grab a popsicle or a cold one and dive in -- the water's just right.

Engadget's summer gear guide 2012: e-readersSummer is coming. Time to relax by the pool with a good book -- though, judging by what's on your reading list this year, perhaps it's time to go for the anonymity of an e-reader. No one needs to know how you've been slogging through Fifty Shades of Grey for the past two months, right? Thankfully, there's no better time to buy one of these devices -- there's plenty of choices and, thanks to competition, some seriously good deals. One thing all of these readers have in common: E Ink displays -- way better for reading out in the summertime sun than their LCD counterparts. So let's not delay that warm weather reading list any longer. Head on past the break to see our picks.

Continue reading Engadget's summer gear guide 2012: e-readers

Engadget's summer gear guide 2012: e-readers originally appeared on Engadget on Fri, 01 Jun 2012 07:50:00 EDT. Please see our terms for use of feeds.

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What's that word? National Spelling Bee ready for finals

The winner will take home $30,000 and a scholarship.

The most experienced speller remaining in the National Spelling Bee breezed through most of two semifinal rounds with his usual confidence. But with one word separating him from his first time in the finals, he was flustered.

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"Kanaima."

Nicholas Rushlow went through the usual checklist, asking the definition ? an evil spirit, believed to be an avenger. Next he asked for the country of origin, which was British Guyana. Pronouncer Jacques Bailly used it in two sentences.

"Is there anything else I didn't ask?" Rushlow said.

After getting the word right, he mouthed a word that was easy to spell ? "Whoa!" ? then bounded back to his seat and high-fived his few remaining competitors.

Out of 278 participants who gathered at a convention center outside Washington, nine made it to the finals Thursday evening. They nailed words derived from Greek, Latin, French, German, Hawaiian and Afrikaans. They got proper names and obscure medical terms.

Snigdha Nandipati was first up in the finals. The 14-year-old avid reader from San Diego correctly spelled "psammon," which means an ecological community.

Hours earlier, Lena Greenberg, an excitable home-schooled 14-year-old from Philadelphia, became the last to make the finals when she spelled "cholecystitis" ? an inflammation of the gallbladder. She said she didn't know the word but was able to piece it together. After spelling it right, she ran back to her chair, handed out high fives and buried her face in her hands.

"It means so much," Greenberg said. "I can't believe I got here! It doesn't make sense. There were a lot of the words in the semifinals I didn't know."

Forty-one semifinalists, meanwhile, heard the dreaded bell that signals an incorrect spelling. Those included one of the favorites, 10-year-old Vanya Shivashankar of Olathe, Kan. The younger sister of the 2009 champion got the only perfect score in the preliminary rounds.

Breezily confident through the first two semifinal rounds, Shivashankar was flummoxed by "pejerrey," a small fish. She went with "perjere."

"Thank you," she said, and walked offstage with her head held high. She'll have three more years to compete if she chooses.

This is Rushlow's last chance. The 14-year-old from Pickerington, Ohio, has competed in the Scripps National Spelling Bee every year since 2008. Last summer, in between swimming practices, he spelled every word in the dictionary for practice, a process that took 600 hours. His mother estimates he's spent 8,000 hours studying over the past five years.

He also has his quirks: He eats pancakes before every bee and has worn the same shirt, a yellow polo with black-and-white stripes, the past three years. He owns more than one and wasn't sure if he had on the same one he wore Wednesday.

"My mom handles that," Rushlow said.

The other fifth-time competitor, Rahul Malayappan, did not make the finals.

Arvind Mahankali, 12, of Bayside Hills, N.Y., a finalist the last two years, made it three years in a row when he spelled "phrontistery." A tennis player and aspiring physicist, he raised his arms in victory as he walked away from the microphone.

The finalists also include Gifton Wright of Spanish Town, Jamaica, who could become the second Jamaican winner in spelling bee history. His coach, the Rev. Glen Archer, also guided the previous Jamaican winner, Jody-Anne Maxwell, in 1998.

Wearing a hooded black cardigan with green trim that suggested the Jamaican flag, Wright got to the finals by spelling "Gleichschaltung," the process of achieving uniformity through oppression.

"I knew it," the unfailingly polite 14-year-old said afterward.

When asked how he knew it, he told a reporter: "Training, sir."

This week, Scripps announced tentative plans for a world spelling bee with teams of spellers from dozens of countries. Once that gets off the ground, the National Spelling Bee would be closed to international participants.

This year's winner gets $30,000 in cash, a trophy, a $2,500 savings bond, a $5,000 scholarship, $2,600 in reference works from the Encyclopedia Britannica and an online language course.

The other finalists are Snigdha Nandipati, 14, of San Diego; Frank Cahill, 14, of Parker, Colo.; Stuti Mishra, 14, of West Melbourne, Fla.; Jordan Hoffman, 14, of Lee's Summit, Mo.; and Emma Ciereszynski, 14, of Dover, N.H.

Ciereszynski spelled "ouabain" ? a toxic substance used as poison on an arrow ? to make the finals.

"I think I might know this!" she said after the word was read. As Bailly read the definition, she smiled, giggled and bounced on her heels.

Her place in the finals secured, she held up her arms and exclaimed, "Yes!"

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Building Wealth Slowly Through Real Estate | Found Useful

Real estate has been a thorn in the side of many people in the United States. People are turning over their keys to the bank left and right. This real estate bust will never be forgotten and is the worth market since the great depression. Our current recession was caused by the bursting of the housing market bubble.

However, things are starting to looking better. Like all markets and economies, real estate moves in waves or cycles. Prices go up, down and sideways. Sit with any old timer and ask them about it. They have seen all kinds of markets with this one probably being the worst since the depression. We have been in the cycle for 5 years and it looks like we might be hitting a bottom.

How can you profit from this?

Massive amounts of money has been made and lost in real estate. You can be a develop, flipper, Realtor, home builder or buy and hold for the long haul. One benefit of buying and holding is that you don?t have to time the market precisely. Timing a market can be difficult.

If you are a flipper you have to buy a property below retail, often times fix it up and then sell it for a profit before further price declines. It can be extremely lucrative however it is also risky. I see a bunch of novices try to do this. Where they go wrong is buying retail and trying to raise the market. That rarely works.

If you are a long term investor you don?t need to worry as much about timing the market. You can buy a property right and sit back and let the market do the work for you. To oversimplify things many investors use the formula of buying good properties at reasonable prices in good locations. Hopefully, you can do that and get a break even cash flow. It has been very difficult to find these properties but as prices have moved south they are getting easier to find.

Time Value of Money

If history repeats itself and it usually does then real estate will start to increase again. It won?t stay low forever. Just imagine if this is the market bottom and prices move up for the next 15 years. You can build a nice portfolio of properties and wealth over the next 15-20 years.

Assume that you purchased a rental property for $75,000 and obtained a 15 year mortgage. In 15 years when the home was paid off the value of the house would be:

* 2% appreciation a year ? $100,940

* 3% appreciation a year ? $116,847

* 4% appreciation a year ? $135,070

* 5% appreciation a year ? $155,919

Imagine if you bought several of these homes and they grew in value slowly. Within twenty years you could have a portfolio of real estate worth in the millions. Are you worth several million dollars now? Here is a road map to get you there assuming we see an increase in house prices. Wouldn?t it be nice to have 20 paid off homes producing $1,000 a month in income? That does not sound too bad to me.

LuxurySarasotaRealEstate.com is the best resource for finding Sarasota homes for sale.

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