African sleeping sickness shrouded in superstition

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In form and in charge, McIlroy takes Memphis lead

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Selena Gomez Fashion Fail in NYC

If a jacket doesn’t fit..just leave it unbuttoned, right? That’s exactly what it looks like Selena Gomez did to earn herself a rightful spot in our Fashion Fail column. In this little ensemble, it looks like she combined some lingerie with pajamas. Throw in a strapless bra and you’ve got the outfit that she chose to wear to a Macy’s event in NYC. This wasn’t any old event, this was a perfume launch for her in Herald Square. If you’ve never had the pleasure of visiting NYC, that’s the intersection of 7th and 34th, right in front of Macy’s. Either way, this isn’t exactly a classy number. What is she trying to convey, that if you wear her fragrance you can rock some high waisted shorts and still look classy? I doubt it.   Another issue is the shoes. Aren’t they beige or khaki colored? How does that go with this off-white silky number? It doesn’t.   Hey Selena, just cause you bagged Justin Bieber, doesn’t mean you have to give up on fashion. Sheesh.   Photos By: WENN.COM/Mr. Blue    

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Europe bailout of Spain could cost $125 billion

Spain's Economy Minister Luis de Guindos gestures during a news conference at the Ministry of Economy and Competitiveness in Madrid, Spain, Saturday, June 9, 2012. Spain will ask for a bailout for banks felled by bad real estate loans, in an about-face that European officials welcomed Saturday and said could cost up to euro100 billion ($125 billlion). A rescue for Spain will be Europe's fourth since the single currency bloc's debt crisis erupted two years ago. (AP Photo/Andres Kudacki)

Spain's Economy Minister Luis de Guindos gestures during a news conference at the Ministry of Economy and Competitiveness in Madrid, Spain, Saturday, June 9, 2012. Spain will ask for a bailout for banks felled by bad real estate loans, in an about-face that European officials welcomed Saturday and said could cost up to euro100 billion ($125 billlion). A rescue for Spain will be Europe's fourth since the single currency bloc's debt crisis erupted two years ago. (AP Photo/Andres Kudacki)

A man buys fish in a market in Barcelona, Spain, Saturday June 9 2012. Spain will ask for a bank bailout from the eurozone, becoming the fourth and largest country to seek help since the single currency bloc's debt crisis erupted. (AP Photo/Emilio Morenatti)

Spain's Economy Minister Luis de Guindos gestures during a news conference at the Ministry of Economy and Competitiveness in Madrid, Spain, Saturday, June 9, 2012. Spain asked for a European rescue of its troubled banks holding an emergency conference call with European finance ministers, a move that turned the nation into the fourth from the 17-nation eurozone to seek outside help since the continent's financial crisis erupted two years ago. (AP Photo / Andres Kudacki)

A man holds a cup as he begs in a street in Barcelona, Spain, Saturday June 9 2012. Spain will ask for a bank bailout from the eurozone, becoming the fourth and largest country to seek help since the single currency bloc's debt crisis erupted. (AP Photo/Emilio Morenatti)

A fisher woman sells fish in a market in Barcelona, Spain, Friday, June 8, 2012. Spain could decide this month to ask for a bailout for its troubled banking sector, a step that would make it the fourth country in the 17-member eurozone to seek help since the EU debt crisis broke out. (AP Photo/Emilio Morenatti)

MADRID (AP) ? Europe is to offer Spain a bailout package of up to ?100 billion ($125 billion) to help rescue the country's banks and keep the 17-country eurozone from breaking apart.

After months of fierce denials, Spain admitted it would tap the fund as it moved faster than expected to stem the economic crisis that has ravaged Europe for two years.

Spain becomes the fourth - and largest - European economy to ask for help and its admission of help comes after months of market concern about its ability to pay its way. In recent weeks investors have demanded higher and higher costs to lend to Spain, and it became clear it would be just too expensive for the country to borrow the money necessary for a bank rescue from the markets.

The three countries that have received rescues thus far ? Greece, Ireland and Portugal ? are fairly small, and many have worried that bailing out much-larger Spain could call the entire euro project into question. Cyprus, also a small economy, could also be forced to seek a bailout soon.

Economy Minister Luis de Guindos said Saturday the aid will go to the banking sector only and so would not come with new austerity conditions attached for the economy in general ? conditions that have been an integral part of previous bailouts to Portugal, Ireland and Greece.

A statement from the finance ministers of the 17 countries that use the euro explained that the money would be fed directly into a fund Spain set up to recapitalize its banks, but underscored that the Spanish government is ultimately responsible for the loan.

Still, that plan allows Spain to avoid making the onerous commitments that Greece, Ireland and Portugal were forced to when they sought their rescues. Instead, the eurogroup statement said that it expected Spain's banking sector to implement reforms and that Spain would be held to its previous commitments to reform its labor market and manage its deficit.

The exact figure of the bailout, however, has not yet been decided. De Guindos said the country is waiting until independent audits of the country's banking sector have been carried out before asking for a specific amount. The audits are expected June 21 at the latest.

De Guindos did say, however, that Spain would request enough money for recapitalization, plus a safety margin that will be "significant." The eurogroup statement said that meant the cost could reach ?100 billion. The aid package was announced after a video conference of euro zone finance ministers.

With markets in turmoil, de Guindos said the government's efforts to shore up the financial sector "must be completed with the necessary resources to finance the needs of recapitalization."

"Therefore, the Spanish government states its intention to request European financing for the recapitalization of banks that need it," the minister told a press conference after a videoconference with colleagues from the eurozone.

The Spanish acceptance of aid for its banks is a big embarrassment for Prime Minister Mariano Rajoy, who insisted just 10 days ago that the banking sector would not need a bailout. For him and officials of his government, that had become something of a mantra. He was elected in November and walked right into a hurricane.

International pressure on Spain to solve its financial problems has been growing in recent weeks. On Thursday ratings agency Fitch hit Spain with a three-notch downgrade of its credit rating. That left it two levels above junk status. Then on Friday, Moody's Investor Services warned it could downgrade Spain and other countries in the eurozone.

In the early hours of Saturday, the International Monetary Fund released a report estimating that Spanish banks need a recapitalization injection of at least ?40 billion ($50 billion) following a stress test it performed on the country's financial sector. That report came out three days ahead of schedule, underscoring the urgency of the situation.

U.S. President Barack Obama, facing re-election, enduring a weak economy and in need of strong trading partners, expressed concern late Friday over the European economic crisis.

U.S Treasury secretary Timothy Geithner welcomed Spain's decision and the offer of European support, describing them as "important for the health of Spain's economy and as concrete steps on the path to financial union, which is vital to the resilience of the euro area."

French Finance Minister Pierre Moscovici said the deal would "contribute to restoring confidence in the eurozone."

"The accord announced tonight speaks to a reinforced solidary among the countries of the eurozone and to their resolute desire to ensure its stability," he said in a statement.

Some of Spain's banks are struggling with by toxic real estate loans and assets. The Bank of Spain says they total around ?180 billion. Nationalized lender Bankia, SA, which has requested ?19 billion in aid, has ?32 billion in toxic assets. Around four other banks are considered prime candidates for bailouts. De Guindos said Saturday the sector is largely solid and the euro zone package will be funnel toward only about 30 percent of it.

Analyst Rafael Pampillon if IE Business School in Madrid said the bailout addressed the uncertainty the markets had felt about how Spain's debt-laden banking sector would recapitalize.

"This uncertainty, and hence the panic, will slowly dissipate from the markets," he said. Pampillon added that with polls forecasting a pro-Euro victory in Greek elections, markets would be further relieved because the austerity conditions imposed on Greece would most likely be fulfilled.

Moody's said Spain's banking problem is largely confined to that country and not likely to spill over to other eurozone nations, with the exception of Italy ? where the European Central Bank has already stepped in to buy government bonds as a way to help lower the country's borrowing costs.

Spain has been criticized for being too slow to set out a roadmap to resolve its problem. European business leaders and analysts have stressed that Spain must find a solution quickly so that it is not caught up in any market turmoil sparked by the Greek elections on June 17. There are concerns that anti-bailout left-wing party Syriza could become the largest party in the Greek parliament, putting the country's membership in the eurozone at risk.

But others said it's more important for Spain to correctly assess how to shore up its banking system than it is to hurry into a bailout ahead of the Greek elections.

If Spain doesn't get a request for outside help right the first time, "then you are in second bailout territory," said Mark Miller, an analyst with Capital Economics in London.

Working in Spain's favor is the fact that its public debt is actually quite low, at 68.5 percent of its gross domestic product at the end of 2011.

Its debt is predicted to hit 78 percent by the end of the year, but even that figure would be below the debt-to-GDP ratios of Europe's strongest economy, Germany, which is at 82 percent.

But Spain's in its second recession in three years, with unemployment at nearly 25 percent and little hope for improvement this year. Prime Minister Mariano Rajoy's government has imposed a wave of austerity measures since he took office in December that have raised taxes, made it cheaper to hire and fire workers and cut government funding for education and health care.

___

DiLorenzo reported from Paris. Associated Press writers Juergen Baetz in Berlin, Slobodan Lekic in Brussels, and Alan Clendenning and Harold Heckle in Madrid contributed to this report.

Associated Press

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Critics say politics tainting trial of Iraqi VP

BAGHDAD (AP) ? Iraq's first major trial dealing with the country's savage Sunni-Shiite sectarian killings is tainted by politics, critics say ? an ominous sign for those hoping for justice for tens of thousands of victims of street executions, bombings and kidnappings.

The defendant, Vice President Tariq al-Hashemi, says charges that he ran Sunni death squads are part of a political vendetta by Prime Minister Nouri al-Maliki, a Shiite. Al-Hashemi's nine-member legal team walked out in protest in the second court session late last month, citing judicial bias. And the prosecution's case relies heavily on the testimony of co-defendants, that the defense claimed was coerced, pointing to one who died in custody.

More broadly, regardless of the merits of the case against al-Hashemi ? the highest-ranking Sunni in Iraq's leadership ? the Shiite-dominated government has shown no sign of trying to prosecute those behind Shiite militias behind slayings of Sunnis. Several of those militias were linked to Shiite political parties that are now crucial backers of al-Maliki's government.

Government spokesman Ali al-Dabbagh denied any bias in charging al-Hashemi or that he was singled out, saying the case was strictly a legal matter. "Courts look into the crime itself, not the sectarian background" of the suspect, he said.

However, al-Maliki himself has acknowledged that politics played a role in the timing of the charges against al-Hashemi. The prime minister has said he was aware of incriminating evidence against the vice president three years ago, but didn't press the case then "for the sake of the political process."

Prosecutors charged al-Maliki's often irksome rival only in December, a day after U.S. troops left Iraq, effectively ending the direct influence in Baghdad of the United States, which had pressured Sunnis and Shiites to get along. Al-Hashemi fled before he could be arrested, first to Kurdish-run northern Iraq where he was out of Baghdad's reach, then abroad.

Iraq remains paralyzed by the sectarian power struggles even if violence has dropped off since the worst bloodshed of 2006 and 2007.

Some say that even if there was a political will to go after the major perpetrators, regardless of sect, Iraq doesn't have the tools for such an enormous task, particularly an independent judiciary not intimidated by politicians or the threat of violence.

"There has not been any investigation into the atrocities," said Samer Muscati, a researcher at the international group Human Rights Watch. "The killings were on such a scale, and given the priorities of the current government and ongoing violence, it is hard for them to look at what happened a few years ago."

Long-running tensions between Iraq's Shiite majority and Sunni minority exploded three years after U.S.-led forces invaded Iraq in 2003 and toppled Saddam Hussein, a Sunni. In February 2006, al-Qaida-linked insurgents bombed a major Shiite shrine, an attack that unleashed tit-for-tat killings, forcing hundreds of thousands of Iraqis to flee their homes and pushing the country to the brink of civil war.

Among those involved in sectarian violence were the Shiite Mahdi Army, a militia loyal to radical cleric Muqtada al-Sadr, as well as gangs of al-Qaida-linked Sunni insurgents trying to drive out U.S. troops. Another Shiite group, the Iranian-linked Badr Brigades, was suspected of assassinating Saddam-linked army officers and officials of his Baath Party, targeting Shiites and Sunnis alike.

Iraq's Human Rights Ministry says about 70,000 Iraqis have been killed since 2003 and an additional 15,000 are missing and presumed dead. In a sign of the slow pace of digging up the blood-drenched past, authorities received tips about 76 locations where bodies might have been buried, but retrieved only three dozen bodies in six areas, said Kamil Ameen, a senior ministry official.

Prosecutors say al-Hashemi and his son-in-law, Ahmed Qahtan, ran death squads between 2005 and 2011, using a troupe of dozens of bodyguards to carry out bombings and shootings that targeted, among others, Shiite Muslim pilgrims and government officials.

The pair face 150 separate charges, but are currently standing trial only for alleged roles in three killings ? of a lawyer, an Interior Ministry official and a member of the security forces. Al-Hashemi has denied wrongdoing.

The head of a human rights group in Iraq, speaking on condition of anonymity for fear of retribution, said he believes the government is trying to pin most of the blame for the sectarian violence on Sunnis.

"I am not defending al-Hashemi as I believe almost all politicians were involved in the killings of Iraqis in the past years, and their hands are stained with the blood of the Iraqi people," he said. "All Iraqis know that."

Joost Hiltermann of the International Crisis Group think tank said politics loom large in the case.

"Nobody is investigating anything. This is a file pulled out of the drawer," Hiltermann said of the al-Hashemi case. "The charges could have a basis, but there is no independent way of determining that" because Iraq lacks a functioning judiciary.

Hiltermann added that such charges "can be brought against any number of people on all sides."

Among those walking free is al-Sadr, whose support is key to al-Maliki's continued rule. Sadrists command 40 seats in the 325-member parliament and are part of an unwieldy ruling coalition that also includes the Sunni-dominated Iraqiya bloc and Kurdish groups.

Al-Sadr has sided with Sunni and Kurd politicians in a recent attempt to unseat al-Maliki, accused by his coalition partners of monopolizing power. But the cleric is also under intense pressure from his Iranian mentors not to topple the government.

Any legal action against al-Sadr would surely disrupt al-Maliki's efforts to keep him in the fold.

Al-Sadr was able in the past to leverage his political clout to avoid prosecution. Several years ago, an arrest warrant was issued for al-Sadr and two aides in the 2003 killing of a Shiite cleric who was hacked to death by a mob. Legal proceedings were suspended in 2004, as part of a deal to end fighting between al-Sadr's militiamen and U.S. troops in the southern city of Najaf.

A former commander of the Badr Brigades, Hadi al-Amiri, now serves as Transport Minister.

Al-Hashemi's defense team contends testimony against him was obtained through coercion. His co-defendants include more than 70 former aides and bodyguards, several of whom have testified for the prosecution. One bodyguard died in custody; the defense says he was tortured, while the government insists he died from kidney failure.

In three hearings so far, several bodyguards told the three-judge panel they were usually approached by al-Hashemi's son-in-law and asked to carry out attacks. They said that on occasion, al-Hashemi thanked them afterward and paid them.

The defense walked out of the second hearing after the court denied a request to obtain evidence that lawyers argued could exonerate the defendants, including the son-in-law's phone records. In the third hearing last week, defense lawyers sat among fewer than two dozen spectators and only approached the court once, to request that Iraq's president be called as a character witness.

The next hearing is set for June 19. Justice Ministry officials did not provide figures on trials against others involved in post-war sectarian attacks.

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Why Hiring A Buyer Agent In Real Estate Saves You 7 to 10 Percent

Most people who buy a home in Tallahassee go about the process in a random and haphazard sort of way, failing to hire a great buyer agent and instead letting the winds of chance determine their fate.

And it is not like we don?t see daily evidence of home buyers who have made huge mistakes.

So many people are upside down in a home or have found they purchased the wrong home in recent years. I often wonder how much of this would have been avoided had each one taken the time to first interview and select a top real estate buyer agent.

If you are planning on buying a home soon, make sure you don?t get stuck with the ?agent that comes with the listing,? as your interests and your needs deserve better (don?t they?).

How To Value The Service Of A Great Buyer Agent

1. Process Knowledge & Counsel: ?% ? There is a process to a real estate transaction that allows a home buyer such as yourself to experience less stress and less anxiety. For most people working with an agent, they experience at best controlled chaos through the process of the transaction. Our clients experience a well timed and structured process that leads to our end objective, a smooth closing.
2. Knowledge of the market place: ?% ? Few agents understand the effects of supply and demand in the market place. This age-old law dictates a lot of what happens in a local real estate market. To know the market, you need to track active listings, in predetermined price ranges and different areas of the market, as well as the number of homes sold monthly. This gives you a definitive snapshot of how the competitive market place is acting and what is the competitiveness of the market place. It will also provide you the advantage over all the other buyers in the market place. It will show you what market place is hot, what place is a little softer, what the market time is (the days on the market), as well as the real estate absorption rate. Do you see how this creates an advantage for you?
3. A specialized needs assessment: ?% ? We have designed a system to not only save you money when you buy a home in Tallahassee, but we also efficiently and effectively help you locate the best home for your needs. Most buyers use a random approach, but with a Century 21 Buyer Agent, you will be guided through a needs assessment that will unveil the right home for you, within your financial constraints.
4. Helping you select the best property available for your needs, wants, and at a competitive price: ?% ? Most people find a home in Tallahassee, get an agent, and then try to buy a home. This process is rarely in the best interests of the home buyer. We help you analyze all of the opportunities in the market, and then negotiate to save you money.
5. Correctly constructing the contract to present you and your true intention: 1% ? Inexperienced agents cost buyers a lot of money by failing to understand how to properly prepare a contract to best present the buyer to the seller. Our job is to make you appear to be the best buyer for the seller?s home, and this can be reflected in many more ways than just price.
6. Presenting you favorably to the seller and the other agent and promoting your capabilities as a buyer: 1-2% ? Our knowledge and presentation skills allows your offer to be viewed more favorably than many real estate agents are able to do. We know how to structure an offer to best meet the needs of the seller while also saving you money. Having a buyer agent who is respected and trusted among her peers can be money in the bank for a buyer.
7. Negotiating and representing you through the process of the negotiating: 1-2% -Knowing what to offer on a home; when to change and how much to change during a counter offer is the reason that a great buyer agent with an excellent home buying process will save you a percent or two when you buy a home.
8. Financing Assistance: Helping you secure the best possible financing, with the best terms and the best conditions and enable you to have the best positioning: 1% -Most home buyers are not aware that there are thousands of different ways to finance a home, and each program has its own unique terms, conditions , and closing costs that might best suit the buyer. Hire a buyer agent who has this knowledge and you will save money.
9. Helping you through the closing process, lowering the stress, and orchestrating the whole transaction: 1% -Buying a home should be fun. If you are not under great stress and you are fully informed, than you will make better decisions. Better decisions save you money when buying a home.
10. Follow-up communication: PRICELESS ? The number one complaint registered at real estate brokerages across the US is ?I never heard from my agent.? Hire a great buyer agent and you will be informed, and you deserve to receive timely communication in the manner that you prefer.

Having helped thousands of families in the Tallahassee area, you can rest easy knowing that with each step of the process, your Century 21 Buyer Agent will complete it in a timely manner, with excellence, and communicate the activities all through the transaction to you.

This significantly lowers risk, which is a benefit to you in the end.

When you look at our complete process of representing your interests, you will see why choosing a Century 21 Buyer Agent is worth 7 to 10 percent when you purchase your next home.

Want to know more about buying a home in Tallahassee (or anywhere in the US)? Just drop me a note and we can schedule a time for you to see our entire buyer agent process for helping you make your next move.

Tagged as: buy a home, Century 21 Tallahassee, real estate agent, real estate agents, real estate company, real estate supply and demand, Realtors, Tallahassee Florida, Tallahassee MLS, Tallahassee Real Estate

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El Ni?o's Odds at 50% for 2012

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