National / International News

William and Kate on Scottish visit

BBC - Thu, 2013-04-04 08:37
The Duke and Duchess of Cambridge visit Glasgow as part of a two-day trip to Scotland.

Ballet star exits Midnight Express

BBC - Thu, 2013-04-04 08:37
Ballet star Sergei Polunin is replaced in the cast of Midnight Express just days before it is due to open at the Coliseum in London.

Toure to stay at Man City until 2017

BBC - Thu, 2013-04-04 08:33
Midfielder Yaya Toure signs a new four-year contract to stay at Manchester City until 2017.

West Bank clashes follow funeral

BBC - Thu, 2013-04-04 08:28
Palestinian protesters clash with Israeli forces in the West Bank city of Hebron following the funeral of a Palestinian prisoner who died in Israeli jail.

US Craigslist killer to be executed

BBC - Thu, 2013-04-04 08:28
An Ohio man convicted of luring men to their deaths with fake job ads on the Craigslist website will face the death penalty, a judge rules.

Siouxsie tops Ono's Meltdown line-up

BBC - Thu, 2013-04-04 08:21
Siouxsie Sioux, Marianne Faithfull and Iggy and the Stooges head a list of acts chosen by Yoko Ono to perform at this year's Meltdown Festival

FDA Warns That 'Ninja Mojo' And 'Love Rider' Contain Hidden Drugs

NPR News - Thu, 2013-04-04 08:21

The Food and Drug Administration says it can't keep up with all the dietary supplements that claim to enhance sexual performance. Many have been found to contain potentially harmful ingredients, so the agency is warning people to beware of the entire bunch.

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Two wanted over US prison boss death

BBC - Thu, 2013-04-04 08:10
US authorities say they want to question two men linked to a white supremacist gang, in connection with the death of a Colorado prisons chief.

UK must keep Trident - Cameron

BBC - Thu, 2013-04-04 08:06
David Cameron says the UK would be "foolish" to abandon Trident in the face of the potential threat of nuclear attack from North Korea and Iran.

Facebook blackmailer spared jail

BBC - Thu, 2013-04-04 08:02
A student who blackmailed a woman by hacking into her email, stealing naked pictures of her and posting them on Facebook is given a suspended sentence.

Hotels Hiding The Homeless

NPR News - Thu, 2013-04-04 08:00

You may think you know who is homeless and where they live, but think again. Some homeless families are finding shelter in a surprising place: hotels. Host Michel Martin talks with Monica Potts, who's covered this issue for The American Prospect magazine.

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Londoners claim Lake District name

BBC - Thu, 2013-04-04 07:57
The Lake District is being urged to give up its title - by a group from south London which is claiming the name.

'Death risk' in measles outbreak

BBC - Thu, 2013-04-04 07:57
Experts blame discredited study for measles outbreak

Mozambican ex-rebels in police raid

BBC - Thu, 2013-04-04 07:53
At least five people in Mozambique are killed after members of the opposition party Renamo, an ex-rebel movement, attack a police post.

Horse dies after Aintree collapse

BBC - Thu, 2013-04-04 07:42
The Fox Hunters' Chase on the opening day at Aintree is overshadowed by the death of Katie Walsh's mount Battlefront.

Welsh regions turn down WRU meeting

BBC - Thu, 2013-04-04 07:42
Regional Rugby Wales turn down a WRU summit invitation to discuss central contracts for key Welsh players.

Unite calls for general strike

BBC - Thu, 2013-04-04 07:39
Britain's biggest trade union, Unite, is calling for a 24-hour general strike against austerity measures.

Tower block fire deaths families sue

BBC - Thu, 2013-04-04 07:30
The families of the six people who died in the Lakanal House fire are taking action through the courts for compensation, BBC London learns.

Samsung takes the floor at Best Buy

Marketplace - American Public Media - Thu, 2013-04-04 07:30

Apple has its own stores. Microsoft has its own stores. Now Samsung says it's getting into the game.  Sort of. Next month the electronics company will open special shops in hundreds of Best Buy stores.  Many of the locations will have their own trained and dedicated staffs and separate check-out lines. 

Best Buy can use the company. The big box retailer has a serious space issue.    
 
“Well, they’ve got too much of it,” says Mara Devitt, a retail consultant with McMillan Doolittle.  Part of Devitt's job is helping clients find retail space in cities like New York. She says the hunt for the right storefront is one expenditure of time and money Samsung can skip. She says CDs and DVDs use to crowd Best Buy’s shelves, but now that they've moved on line, it's a different story.  “It leaves a lot of room in those stores for more compelling products.”
 
Samsung's shops could help Best Buy fight back against showrooming, when consumers check out products at the store but then buy them online.  “The last thing Samsung and Best Buy want to you to do is shop in Best Buy and then buy someplace else," says Richard Doherty, of market research firm Envisioneering. 
 
Doherty says Samsung’s plan will help both companies. Samsung can reach more customers for its new Galaxy smart phone and other electronics while Best Buy will get a piece of the action and a percentage of the cell phone contracts sold in its stores. Analysts say the partnership should also help Best Buy continue its turnaround.

But can’t Samsung just put its goods on Best Buy’s shelves like other brands?  

Will Ander, who works with Mara Devitt at McMillan Doolittle, says it could, but it would be a gamble.
 
 “You can put a product in a store and hope the customer gets it,” he says. “If you’re there physically at the retail touch point you have the ability to influence that customer to market that customer, to educate that customer.”
 
And to sell to that customer. Ander says there’s something to be said for old fashioned bricks and mortar --  and human sales people.

In the European debt crisis, size matters

Marketplace - American Public Media - Thu, 2013-04-04 07:30

The bailout of Cyprus continues to send ripples throughout Europe. Other small member countries have been left feeling vulnerable and wondering whether they have as much influence and power within the union as they thought.

Take Luxembourg -- the tiny country, wedged between Belgium, France, and Germany. Nobody is forecasting that Luxembourg is about to follow Cyprus into insolvency, but the Cypriot debacle has focused attention on the size of Luxembourg’s banking sector. 

"It is massive," says Raoul Ruparel of the Open Europe think tank. He says the banking sector is "22 times the size of the Luxembourg economy, much bigger proportionately than the financial sectors in Cyprus, Iceland or Ireland."

Luxembourg is believed to be harboring billions of euros from Germany. Ruparel says this is causing renewed irritation in Berlin; politicians and officials are asking whether a tax haven on this scale should be allowed to operate within the eurozone.

Plus, the Cypriot debacle has sent a chill wind through the small alpine state of Slovenia. Slovenian banks are in trouble. And government borrowing costs have rocketed in Slovenia. European officials say this country could be next in line for a bailout.

"We’re not as badly off as Italy, or Spain," says Saso Stanovnik, chief economist of the investment firm Alta Invest, "We are being punished for being small.”

The eurozone’s smallest country -- Malta -- feels even more beleaguered. This is another Mediterranean island laden with banks. But Maltese newspaper executive Anthony Manduca claims the comparison with Cyprus has been taken too far.

"We  are both small islands. We both have an important financial services sector," Manduca says. "But that’s where it ends. And I think it’s not fair to link the two together at all."

But all these mini-states are linked by the same fear. They are all -- to varying degrees -- afraid that investors will pull their money out and that the rest of the eurozone will then bully them into higher taxes and spending cuts  in return for help. That's because the European Central Bank has made it clear it can now use its unlimited resources to stop the eurozone collapsing.

That has made it -- theoretically -- possible for a small country to be ejected from the eurozone without the whole single currency unraveling.  That makes some of the member states dispensible. The small countries in the eurozone are now feeling much smaller.

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Concert on the Lawn July 27 & 28, 2013

CALL FOR VENDORS
KBBI’s Concert on the Lawn at Karen Hornaday Park brings together an eclectic group of talented musicians from Homer and beyond for a fun and spirited community weekend. Click here for details and to submit an application form. DEADLINE FOR APPLICATIONS IS JUNE 29th, 2013. We are not accepting food vendors as we are full in that category.

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