Now let An accountable Bank Respond to A Pay day loan Questions ...

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Source: http://thelawyer.com.ng/now-let-an-accountable-bank-respond-to-a-pay-day-loan-questions-fast-auto-loans-tucson-hours/

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Stocks lower as market awaits Bernanke views

stocks

JeeYeon Park CNBC

1 hour ago

Stocks slipped at the market opening on Tuesday as investors digested a handful of mixed earnings reports, a day before Federal Chairman Ben Bernanke was due to give a clearer signal of the central bank's policy direction.

The Dow Jones Industrial Average was 12 points lower in early trading, and the S&P 500 and Nasdaq were also slightly in negative territory. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded below 14.

Global investors remain largely focused on Bernanke's annual testimony on Wednesday, from which they hope to garner further clues on the direction of monetary stimulus. Last week, the markets rallied after the Fed chief said the central bank would keep its stimulus policies in place for some time.

"In recent weeks the message that he's given is that we have seen signs of improvements in the U.S. economy and we're going to move towards tapering," said Robert Rennie, global head of currency strategy at Westpac.

"Then he gives us the message that we got last week, so I think markets will be cautious ahead of Bernanke's testimony," said Robert Rennie, global head of currency strategy at Westpac.

In earnings news, Dow component Coca-Cola matched analyst expectations of 63 cents a share in second-quarter profit, but missed on the revenue end with $12.75 billion against expectations of $12.95 billion.

Also, Goldman Sachs was the latest participant in the parade of big U.S. financial institutions to report blowout profits. The company reported earnings per share of $3.70, well ahead of the $2.82 estimates. Revenue also easily beat expectations, sending shares higher.

Johnson & Johnson edged higher after the drugmaker topped expectations, thanks to strong sales of prescription drugs and medical devices, and lifted its full-year earnings forecast.

On the economic front, the consumer price index gained 0.5 percent in June thanks to a gain in gasoline prices. Economists polled by Reuters had expected consumer inflation to increase 0.3 percent last month. Excluding food and energy costs, the core reading edged up 0.2 percent.

Industrial production edged up 0.3 percent in June after an unchanged reading in May, according to the Federal Reserve. Economists polled by Reuters had expected a gain of 0.2 percent.

The National Association of Home Builders was releasing the housing market index for June later. Economists polled by Reuters forecast a reading of 52.

In addition, Kansas City Fed President Esther George, who is a voting member of the Fed's policy committee, was scheduled to speak on the economy later in the afternoon.

Elsewhere, Japan's benchmark index hit a new seven-week high and as earnings season picked up.

The Nikkei 225 hit its highest levels since May 24, and the yen weakened to the 100 handle against the U.S. dollar, after Japan's economics minister, Akira Amari, said the government will go ahead with a planned sales tax hike.

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'Aggressive' fire forces evacuation of S. California camp for kids with ...

By M. Alex Johnson, Staff Writer, NBC News

A wildfire that has destroyed homes and forced the evacuation of a camp for children with cancer spread further into Southern California on Wednesday, and there was no sign that firefighters were any closer to stopping it.

The fire, burning in the San Jacinto Mountains southwest of Palm Springs, grew to more than 14,000 acres, up from 9,000 on Tuesday night. Fire officials said it was only 10 percent contained, the same as the day before.

The wildfire has destroyed at least six homes, spread heavy smoke and forced the evacuation of Camp Ronald McDonald. Sarah Orth, the camp's executive director, told parents that campers and volunteers were instructed at dinner to pack up their belongings and were taken by bus to a nearby high school that serves as an evacuation center.

A fleet of buses then took them away from the blaze late Tuesday.

Evacuations were also in effect for about 50 homes in the area, as well as the Living Free Animal Sanctuary and the Zen Mountain Center.

Stuart Palley / EPA

A woman watches flames from the Mountain Fire move over a hill.

On Tuesday, more than 1,500 firefighters poured into the area, bringing the total force to more than 2,000, as the fire doubled in size. It was upgraded to a Type 1 response, the highest there is, and 15 helicopters and 10 air tankers were deployed.

The so-called Mountain Fire ignited Monday afternoon. The cause is under investigation, fire spokeswoman Melody Lardner said Wednesday.

Bob Poole, a spokesman for the National Forest Service, said that there was?no immediate direct threat to significantly populated areas.

Poole said six homes had been?destroyed in the Bonita Vista area, three of them mobile homes. Unspecified commercial property and a handful of other structures were destroyed in the Pine Springs area, he said.?

The flames were spreading through timber and chaparral, or shrubland, ?that are highly flammable because of the dry winter, officials said. Ninety-plus-degree daytime temperatures, humidity in the single digits and shifting winds have also presented fire crews with a challenging task.

Lardner said steep terrain was another challenge for firefighters.

NBC News' Henry Austin and Sossy Dombourian contributed to this report.

Related:

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This story was originally published on Tue Jul 16, 2013 5:53 PM EDT

Source: http://usnews.nbcnews.com/_news/2013/07/16/19507580-aggressive-fire-forces-evacuation-of-s-california-camp-for-kids-with-cancer

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Iraq attacks make for deadly start to holy month

BAGHDAD (AP) ? Ramadan this year is shaping up to be the deadliest in Iraq since a bloody insurgency and rampant sectarian killings pushed the country to the edge of civil war in the wake of the U.S.-led invasion that ousted Saddam Hussein.

Suicide attacks, car bombings and other violence have killed more than 160 Iraqis just seven days into the Islamic holy month. The death toll in the first week of Ramadan hasn't been that high since 2007, intensifying fears that Iraq is slipping back into widespread chaos.

There seems to be little pattern in the range of targets, adding to the sense of unease in what is meant to be a month of spiritual growth and generosity.

Several of those killed over the past week died at a busy northern teashop while playing mehebis, a game where players hope to win sweets by guessing who among their opposing team is hiding a ring in their hands. Others were slain as they swam with friends, or as they shopped for festive evening dinners, or made their way home from mosques after late-night prayers.

Even for Iraqis who have grown used to hearing about random violence, day after day of double-digit death tolls makes for a worrying trend.

Many are choosing to stay home after breaking their dawn-to-dusk fast rather than venture out for festive family get-togethers and late-night cafe sessions, worrying they could be among the next victims.

"Al-Qaida and other terrorist groups ... have a better ability to move around and attack targets whenever it suits them," said Qais Hameed, an engineer and father of three from eastern Baghdad who quit going to a nearby coffee shop after breaking his daily fast. "This just shows that these terrorist groups are getting stronger while our security forces are getting weaker."

The bloodshed during Ramadan is an extension of a surge of attacks that has been roiling Iraq since the spring. It follows months of rallies by Iraq's minority Sunnis against the Shiite-led government over what they contend is second-class treatment and the unfair use of tough anti-terrorism measures against their sect.

The killings significantly picked up after Iraqi security forces launched a heavy-handed crackdown on a Sunni protest camp in the northern town of Hawija on April 23. A ferocious backlash followed the raid, with deadly bomb attacks and the return of sporadic gunbattles between insurgents and soldiers ? this time members of the Iraqi security forces rather than U.S. troops.

Ramadan, one of the holiest periods of the Islamic calendar, appears to be following that worrisome trend. It was always a popular period for attacks during the worst days of Iraq's violence as Shiite and Sunni extremists battled each other as well as U.S. forces.

The first Ramadan following the 2003 U.S.-led invasion began with a blistering wave of suicide bombings at police stations and the Red Cross headquarters.

In the years that followed, American military commanders braced for a surge in violence during the holy month. In 2007, 934 people were killed during Ramadan, including 236 the first week, according to an Associated Press count.

But as the war wound down, so did violence during the holy month.

"Ramadan used to be a bad month (for violence), but then over recent years it became a relatively quiet month," said John Drake, an Iraq specialist for the British-based AKE security consulting firm.

But, Drake added, "it already looks like this trend is being reversed."

U.N. figures show more than 2,500 Iraqis killed and many more wounded from April through June of this year. Another 331 have died so far in July, including two policemen targeted by gunmen in and around the restive northern city of Mosul on Wednesday, according to an AP count.

In a report released this week, U.N. Secretary-General Ban Ki-moon described the scale of violence in recent months as alarming and said "rising inter-sectarian tensions are posing a major threat to stability and security in Iraq." Ban also warned that the increasingly sectarian-charged civil war raging in neighboring Syria is affecting Iraq's own political stability.

Although Iraq is officially neutral in the conflict, U.S. officials charge that it continues to allow flights suspected of carrying Iranian arms to transit its airspace. Iraqi officials have carried out some spot checks of Iranian planes and say they've found nothing. Iraqi fighters are meanwhile traveling to fight in Syria, with Shiites fighting alongside regime forces and Iraq's al-Qaida arm, now known as the Islamic State of Iraq and the Levant, siding with the mostly Sunni rebels.

No one has claimed responsibility for many of the terrorist attacks. But the indiscriminate and often coordinated bombings used in most of the attacks are a favorite tactic of al-Qaida, which hopes to stoke sectarian hatred and undermine Iraq's Shiite-led government.

Al-Qaida and other Sunni fundamentalists consider Shiites to be infidels. In the group's extremist ideology, acts of jihad including suicide bombings that are carried out during Ramadan are seen as more blessed than at other times of the year.

"The attackers believe that to martyr themselves during the holy month guarantees them some sort of benefit in the afterlife," said Drake, the security expert.

Interior Ministry spokesman Saad Maan Ibrahim agreed that militants' heightened spiritual fervor during Ramadan is partly to blame, along with the fact that large crowds often gather at soft targets such as mosques and cafes during Ramadan, giving attackers a chance to kill several people at once, he said.

A senior Iraqi intelligence official, who insisted on anonymity because he is not authorized to speak to journalists, offered a more mundane rationale.

"Security forces tend to speed up the searching process before iftar so they don't delay people who are fasting," he said, referring to the evening meal that ends the daylong Ramadan fast.

Ramadan last year also got off to a deadly start, with more than 140 killed during the first week. Unlike this year's daily drumbeat of violence, most of those died during a single dark day of attacks claimed by al-Qaida. Some days saw no deaths reported at all ? something that has yet to happen this time around.

___

Associated Press writers Sameer N. Yacoub and Qassim Abdul-Zahra contributed reporting.

___

Follow Adam Schreck on Twitter at http://twitter.com/adamschreck

Source: http://news.yahoo.com/iraq-attacks-deadly-start-holy-month-185138106.html

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Some Senators Could Be Arrested Tonight (Taegan Goddard's Political Wire)

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Official says bomb kills 2 Afghans in east

KABUL, Afghanistan (AP) ? An Afghan official says a bomb planted on a bicycle in eastern Nangarhar province has killed two civilians and wounded three others.

Provincial spokesman Ahmad Zia Abdulzai says the incident took place early Tuesday on the outskirts of Jalalabad, Nangarhar's capital.

He says the target of the bomb is unknown.

No one has claimed responsibility for the attack, but most such bombings are carried out by the Taliban.

NATO also says one of its service members has been killed in eastern Afghanistan on Tuesday from a "direct fire" attack.

It provided no other details or the nationality of the service member.

Source: http://news.yahoo.com/official-says-bomb-kills-2-afghans-east-070648766.html

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Mayor Buttigieg issues statement on George Zimmerman verdict

Mayor Pete Buttigieg of South Bend released the following statement on behalf of the verdict issued in the George Zimmerman murder trial.

It is clear that Trayvon Martin's death should never have happened. We must see in this case yet another compelling reason for all of us to judge one another only by the content of our character?never based on color, clothing, or appearance. Our community, and every community, will be better off when strangers look across difference and find reasons to respect, not fear, one another.

- Mayor Pete Buttigieg

Source: http://www.wndu.com/home/headlines/Mayor--215436181.html

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