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Thursday, January 12, 2012
Acer's Aspire S5 Ultrabook Is the Ultra-Thinnest—For Now [Acer]
Vimeo updates iOS app to include iPad, releases Android and Windows Phone apps too
Continue reading Vimeo updates iOS app to include iPad, releases Android and Windows Phone apps too
Vimeo updates iOS app to include iPad, releases Android and Windows Phone apps too originally appeared on Engadget on Mon, 09 Jan 2012 09:00:00 EDT. Please see our terms for use of feeds.
Permalink |Source: http://www.engadget.com/2012/01/09/vimeo-updates-ios-app-releases-android-and-wind/
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Wednesday, January 11, 2012
America hits the brakes on health care spending (AP)
WASHINGTON ? Is health-care relief finally in sight? Health spending stabilized as a share of the nation's economy in 2010 after two back-to-back years of historically low growth, the government reported Monday.
Experts debated whether it's a fleeting consequence of the sluggish economy, or a real sign that cost controls by private employers and government at all levels are starting to work.
The answers will be vital for Medicare's sustainability, as well as for workplace coverage.
U.S. health care spending grew by 3.9 percent in 2010, reaching $2.6 trillion, according to the report by the Health and Human Services department.
That's an average of $8,402 per person ? far more than any other economically advanced country.
Still, the increases for 2010 and 2009 were the lowest measured in 51 years. And health care as a share of the economy leveled off at 17.9 percent, the first time in a decade there's been no growth.
The main reason for the slowdown was that Americans were more frugal in their use of health care, from postponing elective surgery to using generic drugs and thinking twice about that late-night visit to the emergency room.
"Although medical goods and services are generally viewed as necessities, the latest recession has had a dramatic effect on their utilization," said the report published in the journal Health Affairs. "Though the recession officially ended in 2009, its impact on the health care sector appears to have continued into 2010."
Independent economists issued conflicting assessments.
"I think it could signal slower growth in the future," said Ken Thorpe, professor of health policy at Emory University in Atlanta. "Any discussion about reducing the deficit is going to focus on how we reduce the growth in health-care costs. And employers are adopting more effective tools to keep putting downward pressure on health-care cost increases."
But his counterpart Len Nichols at George Mason University in Virginia said people are getting less medical care because too many have lost jobs and insurance, and they just can't afford to pay.
"The slowdown is mostly due to postponement of care, due to anticipated inability to pay," said Nichols. If he's right, that could mean costs will spike once the economy is on solid footing.
The report provided relief for a jittery White House facing a 2012 reelection campaign in which President Barack Obama's health care overhaul is a top target for Republicans.
The nonpartisan number crunchers at HHS found that the health care law barely contributed to cost increases in 2010 ? just one-tenth of 1 percentage point. Major provisions expanding coverage to more than 30 million uninsured don't take effect until 2014, well after the presidential election.
The federal government's share of the total health care tab ? another issue in this year's political debate ? grew to 29 percent in 2010, up from 23 percent as recently as 2007. Counting state and local spending, the overall government share stood at 45 percent of the total.
Medicare spending grew by 5 percent in 2010. That was slower growth than in 2009, due mainly to reductions in what the government paid private Medicare Advantage insurance plans. Medicaid spending increased by 7.2 percent, less than the 2009 rate because of fewer people covered by the program.
However, the main finding of the report was a continued slowdown in the use of services across major health-care categories, one its authors termed "dramatic." Higher copayments for those with private insurance are part of the reason.
Hospital care, which accounts for just over 30 percent of what Americans spend, grew more slowly because of a decline in a key measure of inpatient admissions, and slower growth in emergency room visits, outpatient appointments, and outpatient surgery.
Spending on doctor visits and related care ? about 20 percent of the total ? grew at a historically low rate of 2.5 percent, due to an overall drop in visits and a milder 2010 flu season. But spending on dental care increased faster than in 2009.
Prescription drugs, about 10 percent of overall spending, also saw a slower increase ? just 1.2 percent in 2010. That was not only due to the continuing shift to generic drugs, but also slower growth in the overall volume of medications that Americans took.
Will less health care hurt consumers?
That remains to be seen, but current evidence suggests it won't. Americans are no healthier than their counterparts in other developed countries, which spend far less. And research suggests that as much as 30 percent of tests and treatments for U.S. patients may be of little or no benefit.
The HHS experts refused to speculate about the implications of the slowdown, although their report stressed the connection to a weak economy. More may be known by the summer, when another team in the same HHS unit will update projections for future health care spending.
___
Online:
HHS report in Health Affairs: http://tinyurl.com/6nyuzrr
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Tuesday, January 10, 2012
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Monday, January 9, 2012
Merkel, Sarkozy Seek Growth, Jobs for Eurozone
(REUTERS) -- The German and French leaders met on Monday to discuss how to boost growth in Eurozone states struggling to tackle the sovereign debt crisis and rising unemployment, and to finalise a deal on closer budgetary ties within the currency union.
They may also broach a financial transaction levy, the "Tobin tax," being promoted by France but resisted by Britain unless adopted on a global scale, which could split the European Union at a summit at the end of the month.
Chancellor Angela Merkel and President Nicolas Sarkozy, aiming to align the two powerhouse partners that have driven European integration, were also expected to consider options for boosting employment against an unfavourable backdrop of harsh austerity and mounting funding tensions in the banking sector.
They were scheduled to hold a joint news conference at 1.30 p.m. local time (12:30 p.m. British time).
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Germany's economy keeps showing it can withstand the crisis, with a rise in exports reported on Monday and the labour market thriving.
But employment is a pressing issue for Sarkozy, who faces an election in less than four months trailing in polls with French jobless claims at their highest level in 12 years and the country on course for a record trade deficit in 2011.
Prime Minister Francois Fillon said on Monday France's fiscal gap would probably be narrower than forecast this year but he did not rule out new deficit-cutting measures.
Sarkozy may try to push plans for a tax on financial transactions, which he has set out as a priority ahead of the election, and which on Friday he vowed to implement in France even if EU partners like Germany are not on board.
Paris and Berlin want a "Tobin tax" to be applied across the EU, but Britain is resisting, fearing it will damage London, a global financial centre and mainstay of the British economy where much of the tax would be raised.
On Sunday, British Prime Minister David Cameron said he would veto a European-wide financial transaction tax unless it was imposed globally, deepening the confrontation over the matter with both France and Germany.
French daily Le Monde said on Monday Sarkozy's government might limit its ambitions for the tax to a levy on share purchases, and leave taxes on derivatives and/or bonds until a later stage.
There was no immediate comment from the finance or budget ministers' offices.
DEBT CRISIS WEIGHS
German officials expect the EU summit to show satisfying results on stronger budgetary rules they have urged for countries using the euro.
The updated version of the EU's 'fiscal compact', which gives Brussels the right to take states to court if they violate the stricter rules, is nearing approval, relieving pressure on Merkel to take new initiatives at the summit.
"Reaching a functional agreement already by the next (EU) meeting on Thursday is not out of the question," Elmar Brok, a German member of the European parliament, told Reuters.
The euro crawled back from a fresh 16-month low against the dollar on Monday, with markets awaiting the outcome of the meeting in Berlin, but further declines were anticipated as worries about Eurozone debt persisted.
Hanging over the meeting was Europe's sovereign debt crisis, and questions over what can be done in the near term to relieve pressure on states like Spain and Italy, which are due to pay back a mountain of maturing debt this year.
Market unease was reflected on Monday in the first ever negative auction yield on six-month German government debt, with investors paying 0.0122 percent for the privilege of parking funds with Berlin until July.
Both states face crucial bond auctions this week that will test investors' willingness to fund countries at a time when low growth, weak public finances and the threat of ratings downgrades risk driving borrowing costs to unsustainable levels.
Until now Germany has favoured a crisis-fighting proposal to boost funding for the International Monetary Fund so that it could open larger credit lines to troubled Eurozone states if needed, in exchange for strict adjustments.
In a further sign that diplomatic efforts to tackle the euro crisis are once again intensifying, an aide to Merkel said the chancellor will meet IMF Managing Director Christine Lagarde on Tuesday, for what was called an "informal exchange of views."
Italy, which requested IMF monitoring in November to calm market concerns over its reform measures, would prefer to avoid reliance on a plan centred on IMF aid, which Italy's former economy minister has called "the most serious risk for Italy."
Concern over Italy may have led the French and German leaders to strengthen ties with Prime Minister Mario Monti. He met Sarkozy in Paris last week, and will visit Merkel for talks on Wednesday.
The three meet again in Italy on Jan. 20, before a Jan. 23 EU finance ministers meeting and the Jan. 30 EU summit.
(Writing by Brian Rohan and Stephen Brown; Editing by John Stonestreet)
Source: http://au.ibtimes.com/articles/278691/20120109/merkel-sarkozy-seek-growth-jobs-for-euro-zone.htm
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Sunday, January 8, 2012
Amid BCS mania, BP pushes a feel-good Gulf story (AP)
NEW ORLEANS ? Nearly 20 months after its massive Gulf of Mexico oil spill ? and just as the nation focuses on New Orleans, host of the BCS title game ? BP is pushing a slick nationwide public relations campaign to persuade Americans that the Gulf region has recovered.
BP PLC's rosy picture of the Gulf, complete with sparkling beaches, booming businesses, smiling fishermen and waters bursting with seafood, seems a bit too rosy to many people who live there. Even if the British oil giant's campaign helps promote the Gulf as a place where Americans should have no fear to visit and spend their money, some dismiss it as "BP propaganda."
The PR blitz is part of the company's multibillion dollar response to the Gulf oil spill that started after the BP-leased Deepwater Horizon drilling rig exploded off the coast of Louisiana on April 20, 2010, killing 11 workers and leading to the release of more than 200 million gallons of oil. As engineers struggled to cap the out-of-control well, it turned into the largest offshore oil spill in U.S. history.
Now, BP is touting evidence that the Gulf's ecology has not been severely damaged by the spill and highlighting improving economic signs.
"I'm glad to report that all beaches and waters are open for everyone to enjoy!" BP representative Iris Cross says in one TV spot to an upbeat soundtrack. "And the economy is showing progress, with many areas on the Gulf Coast having their best tourism season in years."
The campaign, launched just before Christmas, has ramped up for the two-week period around the Sugar Bowl and Bowl Championship Series title game to be played on Monday between LSU and Alabama.
The company is paying chefs Emeril Lagasse and John Besh to promote Gulf seafood, it's hired two seafood trucks to hand out fish tacos and seafood-filled jambalaya to the hundreds of thousands of tourists and fans pouring into the city for the football games and it's spreading its messages at galas, pre-game parties and vacation giveaways.
But the ad campaign rings hollow to many folks here.
"They talk about areas being all open. There are areas that are still closed," said A.C. Cooper, a shrimp fisherman in Plaquemines Parish in Louisiana. He listed some bays and fishing spots that he says the state still has closed due to oil contamination. "It's bogus, it's not the truth."
He added that last fall's shrimp harvest was dismal. "The numbers on our shrimp are way down," he said. "They (BP) make it sound like they're doing a lot, but they're not doing much to help the fishermen out ... I got good fishermen struggling to pay their bills right now."
The head of the Louisiana Shrimp Association, a commercial shrimpers group, called it "BP propaganda."
"When you have a lot of money, you can pretty much get any point across," Clint Guidry complained. "It's kind of like indoctrination."
And businesses on the tourism-dependent Mississippi Gulf Coast say people aren't flocking in.
For example, Bridgette Varone, head of the Gulf Coast chapter of the Mississippi Hospitality & Restaurant Association, said restaurants reported similar revenues in both 2010 and 2011 for the month of June, one of the busiest months.
"I wish we had better news to report," Varone said. "We didn't blow any socks off."
"They might not blatantly lie in the ad, but the true story is far less shiny, and far more troubling," said Aaron Viles of the Gulf Restoration Network, a New Orleans-based environmental group.
He said the spill may have caused a decrease in shrimp harvests and abnormalities in killifish, a minnow. He noted that oil was still marring some marshes and was buried under some beaches. He also said Congress had not done enough to regulate offshore drilling and assure the long-term recovery of the Gulf.
"BP needs to put these facts in their ads," Viles said.
"They should be a little more apologetic and less triumphant," said George Crozier, an oceanographer and former director of the Dauphin Island Sea Lab in Alabama.
However, Crozier said many others were guilty of "spin" just like BP, including scientists and environmentalists who tried, for their own reasons, to push the notion that the oil spill had devastated the Gulf. Crozier said the spill's effects have not been as devastating as many argued they would be.
"The beaches are people-safe, there's no doubt about that," he said. "I thought there was a hysterical reaction to tar balls ? unless we started eating them."
Tom Mueller, a BP spokesman, said the ad campaign was highlighting "facts," not "anecdotes."
"When you look at the tourism numbers, heads in beds, revenues, are generally up," he said. "There are some exceptions, but when you step back and look at the coast as a whole, the tourism industry is recovering."
He said BP's commitment to the Gulf was sincere, noting that the company set aside $500 million for independent scientific research into the spill.
"We're honoring our commitment here in helping promote the Gulf Coast and Gulf seafood and doing our best to help the region recover," he said. "As Iris says in the ads, we have more work to do, and BP as a company fully recognizes that there is more work to be done."
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