AP News in Brief

(12-31) 03:08 PST , (AP) –

Taliban claim blasts that killed 8 Americans, 5 Canadians

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KABUL (AP) — The Taliban claimed accountableness Thursday for a suicide bombing at a base in eastern Afghanistan that killed eight American civilians and single in kind Afghan, the worst loss of life for the U.S. in the fatherland since October. A U.S. congressional official said CIA employees are believed to have ~ing among the victims.

Separately, the Taliban also said it was accountable for the roadside bomb that killed four Canadian soldiers and a journalist imbedded in their one Wednesday in Afghanistan’s south, the bloodiest single incident suffered ~ dint of. that country’s military in 2009.

Michelle Lang, a 34-year-advanced in years health reporter with the Calgary Herald, was the first Canadian journalist to die in Afghanistan. She arrived in the rough just two weeks ago.

Also Thursday, a spokesman for the director of Helmand province in the south said an airstrike by between nations forces killed and wounded civilians. Dawud Ahmadi said he did not receive immediate information on how many died in the attack Wednesday in Babajid tract, which he said occurred after an international forces patrol came in the state fire.

NATO said it was aware of the reports and was investigating. Claims of civilians killed by foreign forces are a highly emotional issue among Afghans and supply with nourishment strong resentment of international soldiers.

It was not immediately clear for what cause the suicide bomber at the base at the edge of Khost incorporated town was able to circumvent security.

Taliban spokesman Zabiullah Mujahid said in a description that an Afghan National Army officer wearing a suicide vest entered the base Wednesday and blew himself up interior the gym. A U.S. official who was briefed on the sudden burst also said it took place in the gym.

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Obama to get preliminary report, recommendations after Christmas Day terror attempt

HONOLULU (AP) — President Barack Obama is to obtain a preliminary report Thursday on how a 23-year-old Nigerian with suspected terrorist ties managed to board a plane he is accused of attempting to bomb up~ the body Christmas Day, along with recommendations on how to prevent a sequel.

The report is just the first step in what is shaping up to have existence an Obama-led effort to change the nation’s intelligence practices for an attack that failed not because of U.S. anti-government by terror policies, but despite them. Administration officials said the system to save the nation’s skies from terrorists was deeply flawed and, equable then, the government failed to follow its own directives.

White House homeland surety and counterterrorism adviser John Brennan was scheduled to send Obama a chief summary of the nation’s efforts to track more than moiety a million potential terrorists. Officials said it was unlikely Obama would declare publicly about the report, although the vacationing president probably would rumor several times throughout the day with his national security team.

Obama has demanded answers forward why the U.S. intelligence community never pieced together information that could be delivered of prevented Umar Farouk Abdulmutallab, charged with trying to destroy a Detroit-bourn airliner, from ever getting on the plane. Obama called the predicament “totally unacceptable” when he met with reporters Tuesday and put his highest place intelligence officials on notice that he wanted changes.

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Finnish media: Gunman in mournful kills 4 in mall shooting rampage

HELSINKI (AP) — A gunman killed four population early Thursday in a shooting rampage at a mall in Finland’s next to the first largest city, police told a state broadcaster.

It was not quick whether the shooter in Espoo had been apprehended and some reports indicated he was stifle on the loose. State broadcaster Yle reported that the gunman was born in 1966 and was previously known to police.

Police told Yle that three men and individual woman were killed in the shopping center.

A witness told the broadcaster that a liege dressed in black began randomly shooting at people on the next to the first floor of the Sello mall.

Another witness who was in the bruise at the time told Finnish radio that a panic ensued in the same proportion that the shooting began. “There were loads of people who were notorious, and many vendors who were completely panicked,” the unnamed witness said.

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AP-GfK Poll: Americans are hopeful about coming year malevolence troubled economy and wars

WASHINGTON (AP) — The bank account is scraggy, but the future looks pretty good.

That, oddly enough, is the explore of many Americans who predict 2010 will be a better year than this human being, even if they fear that the U.S. economy and their have a title to financial circumstances won’t improve.

A whopping 82 percent are optimistic with regard to what the new year will bring for their families, according to the latest AP-GfK ~ard. That sunny outlook seems at odds with other findings.

Nearly brace-thirds think their family finances will worsen or stay about the same next year. And fewer than half think the nation’s arrangement will improve in 2010, even though Americans rated 2009 as a very great downer.

___

Radio talk show host Rush Limbaugh admitted to Honolulu hospital through chest pains

HONOLULU (AP) — Conservative talk show host Rush Limbaugh is resting comfortably in a Hawaii hospital later suffering chest pains while on vacation, his radio program says.

“Rush appreciates your prayers and well wishes and be disposed keep you updated via rushlimbaugh.com and on his radio program,” the program declared in a statement late Wednesday night.

Limbaugh was rushed for curative treatment earlier in the day. The statement said “Rush was admitted to and is resting comfortably in a Honolulu hospital today later suffering chest pains.”

Kit Carson, Limbaugh’s chief of staff, told The Associated Press that he had ~t one further information on Limbaugh’s condition.

He said the 58-year-old left for his usual Christmas vacation on Dec. 23 and is befitting to return to his show on Jan. 4. Carson didn’t be under the necessity any information on whether that schedule would change.

___

US bearing passengers willing to trade privacy for security as feds ramp up use of body scanners

SAN FRANCISCO (AP) — As Ronak Ray hunted notwithstanding his flight gate, he prepared for the prospect of a confidence guard peering through his clothes with a full body scanner. But Ray doesn’t inclination: what he gives up in privacy he gets back in pledge.

“I think it’s necessary,” said Ray, a 23-year-of long date graduate student who was at San Francisco International Airport to shun to India. “Our lives are far more important than how we’re essential ~ searched.”

Despite controversy surrounding the scans, Ray’s position was representative of several travelers interviewed at various airports Wednesday by The Associated Press.

Airports in five other U.S. cities are in addition using full body scanners at specific checkpoints instead of metal detectors. In joining, the scanners are used at 13 other airports for random checks and in such a manner-called secondary screenings of passengers who set off detectors.

But ~ persons more air travelers may have to get used to the creative soon. The Transportation Security Administration has ordered 150 more full dead ~ scanners to be installed in airports throughout the country in in good season 2010, agency spokeswoman Suzanne Trevino said.

___

Police arrest senior Pakistani Taliban head linked to deadly market bombing

LAHORE, Pakistan (AP) — Authorities arrested a elder Pakistani Taliban commander who led the group’s network in the key central province of Punjab, where violence has been increasing in fresh months, police said Thursday.

The arrest strikes a blow as militants be in actual possession of stepped up their efforts to wage attacks far from their sanctuary in Pakistan’s lawless tribal area near the Afghan border in response to a major military offensive there.

Khalil Ullah, whose arrest was announced Thursday, was the mastermind of a mart bombing in Punjab’s provincial capital, Lahore, on Dec. 7 that killed 49 populace, said senior police investigator Chaudhry Shafiq. He declined to say where or when Ullah was arrested.

More than 500 people have been killed in attacks throughout the country since the army launched an anti-Taliban offensive in the South Waziristan tribual area in mid October. The military has secured much of the quarter in the area, but operations continue.

Soldiers raided a hospital used ~ the agency of militants in South Waziristan on Thursday, killing five foreign fighters, information officials said. The troops captured 27 militants, 10 of whom were wounded in a gunbattle that broke not at home during the raid, they said.

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Same-sex couples to make famous New Year saying ‘I do’ in NH, 5th state to legitimate gay marriage

FRANCONIA, N.H. (AP) — Jeffry Burr and Neil Blair are deserved hours from their wedding, but there are no typical prenuptial jitters. After every part of, this is the third time they’ve exchanged vows.

They ~ and foremost committed to each other before scores of relatives and friends adhering June 24, 2006, in an emotional ceremony that didn’t fair count under New Hampshire law. Then, at 12:01 a.m. forward Jan. 1, 2008, the first moment they were legally able to cozen so, they became civilly committed in a more subdued ceremony.

This time, the brace will finally be legally married Friday, when New Hampshire becomes the fifth commonwealth to allow gay couples to wed.

Instead of a $5,000 weekend laudation like they had in 2006, they’ll have a brief rereading of their earlier vows, unexpectedly the cork on some champagne and have dinner together.

“It’s the third part time,” Blair said. “How excited are you supposed to be?”

___

Australian revelers win to be among the first to celebrate New Year’s Eve

SYDNEY (AP) — The pristine of an expected 1.5 million New Year’s revelers pitched tents and opened picnic baskets in Sydney in c~tinuance Thursday to get one of the world’s biggest parties started — direction farewell to a tough year and welcoming a new decade.

The lasting a year fireworks extravaganza over the city’s landmark harbor bridge and opera dwelling are the centerpiece of Australia’s celebrations, and generate some of the ~ly striking images from a night of revelry across the globe.

Smaller fireworks displays and partying are planned thwart Australia and the South Pacific, the first region to greet every one new day because of its proximity to the International Date Line.

In New Zealand, figured and rhythmic motion parties, bands and fireworks were planned in the main cities, and live recreation in many holiday spots, including the southern tourist spot of Queenstown. In the involving death, Wellington, celebrations will include a display by world unicycle games competitors.

Asia enjoin be partying, too, though probably not as hard as most of Europe and the Americas. The globe’s most populous nation, 1.3-billion-strong China, uses a various calendar that will mark the new year in February. Islamic nations like as Pakistan and Afghanistan also use a different calendar.

___

‘Shovel inclined’ remembered as a presidential favorite, though ubiquity led to grammatical serious

DETROIT (AP) — The phrase “shovel ready,” incessantly invoked by the Obama the cabinet this year as a way to sell its $787 billion treaty stimulus bill, died Thursday.

The official cause of death was overuse, according to Lake Superior State University, which announced the phrase’s demise in its annual List of Words to Be Banished from the Queen’s English in opposition to Mis-use, Over-use and General Uselessness, released Thursday.

“Shovel near” dug its own grave by forcing its way into speeches and uncovered of the mouths of the president and too many other politicians in gone months.

“Stick a shovel in it. It’s done,” seethed Joe Grimm of loomfield Hills, Mich., in his nomination to the universal school’s Word Banishment Committee. Grimm is a visiting journalist at Michigan State University and a antecedent recruiter and editor at the Detroit Free Press.

The exact time of life of the phrase isn’t known, but it had been a meek favorite of economic development types for at least a decade — a foolish love that led a utility company in upstate New York to guarantee the shovelready.com Web site in the late 1990s.

Schwarzenegger names 9 Bay Area judges

(12-29) 20:05 PST SACRAMENTO –

Gov. Arnold Schwarzenegger filled nine Superior Court judgeships today in San Mateo, Santa Clara and Solano counties.

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In San Mateo County, the governor named V. Raymond Swope, a deputy county counsel, to the bench.

In Santa Clara County, the new judges are civil attorneys Julia Emede, Maureen Folan, Ronald Toff and Theodore Zayner, supervising deputy district attorney Dan Nishigaya and Superior Court Commissioner Jesus Valencia Jr.

In Solano County, Schwarzenegger named prosecutors John B. Ellis and Timmy Kam as judges.

Each judge will receive an annual salary of $178,789.

E-mail Henry K. Lee at hlee@sfchronicle.com.

Slowdown may be Internet, not router, issue

Q: I be obliged a Wireless-G router, but it seems to be slowing along the course of as we add more computers to our network and use them instead of video streaming and online gaming. Would I benefit by upgrading to Wireless-N?

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A: The flourish of streaming video and online gaming depends more on your Internet alliance than your router. A Wireless-G router can transmit data at up to 54 megabits for second, which is faster than most Internet connections.

Wireless-N routers control in at 150 Mbps, which can speed up data transfers between computers, but is just overkill for the Internet. That said, many Wireless-N routers feature two bands, which can help prevent slowdowns at the time that multiple computers are using the Internet.

So, if you have a rapidly Internet connection, you might consider a dual-band Wireless-N router, along with Wireless-N adapters for the computers (except a computer wired to the router, which doesn’t need an adapter).

Q: I’m thinking about acquirement an e-book reader. A friend has a Kindle, which I like a assign, but the display is disappointing because it isn’t lighted.

That shift I would have to keep my bedside light on while delineation at night – and my husband has trouble falling asleep with lights on. So I’m wondering if there’s a different e-volume reader that’s just as good as the Kindle but in like manner has a lighted screen.

A: Unfortunately for you, the display technology in the Kindle is in like manner used in other big-name e-book readers, including the Sony Reader and Barnes & Noble’s just discovered Nook. Made by E Ink, the display is meant to make an e-book page look like a page in a printed part.

They even call it electronic paper. Also, if the display were lighted, the reader’s battery would drain in a jiffy. Without the light, a Kindle can go a embrace of weeks on a single charge.

So here’s my care: Buy the Kindle, which is still the king of the market (the Nook has met with less than stellar reviews). Then influence out the eye mask for sleeping that they gave you without ceasing your last long flight and give it to your husband.

Q: Several years since, I had a program that tracks your food and beverage intake and matches it in preparation for a symptom such as headache. Someone borrowed it and left hamlet. I have searched the Internet and come up with nothing. Any hint will be deeply appreciated.

A: First, if the person who borrowed your program comes back, dress in’t lend him or her anything else. Second, I’m not convinced of any software that specifically does what you want, but the Internet does grasp the answers for you – you’ve just been searching for the wide of the mark thing.

The Web is replete with sites that can show you in what plight diet affects health, including popular sites such as WebMD.com, MedicineNet.com and MayoClinic.com. You have power to visit those sites and look for the information, or just practice Google and frame your search the right way. For instance, if you search for “headaches and food,” Google responds with a protuberance of links to sites that tell you which foods can trigger headaches.

By the regular course, aged cheese appears to be an invitation to a migraine.

Q: Here’s undivided for you: Does a hard drive weigh more when it has given conditions on it than when it is empty?

A: No. A close drive contains platters on which a moving head switches the polarity of attractive particles so that they represent either one or zero – the foundation for binary code that computers use to generate words, numbers, pictures, songs and everything otherwise.

As files are created, deleted and changed, the amount of physical material on the drive remains unchanged. The same can be said of the human brain, which doesn’t gain weight as you learn, albeit I suspect that some people’s brains actually get lighter from beginning to end time. So in the end, knowledge carries no weight. How disastrous is that?

Tip of the Week: Windows 7 boasts Microsoft’s fastest, greatest part user-friendly search feature yet, letting you quickly locate files and folders forward your computer, external hard drives and networked PCs. Just click the Start button and break the ice typing search terms into the space at the bottom of the Start menu. The look for feature – which has indexed everything on the system for quick set aside – will return results as you type, grouped by category in ~y easy-to-scan format.

Got a question about computing? E-defensive covering David Einstein at einstein.dave@gmail.com.

This article appeared forward page DC – 1 of the San Francisco Chronicle

Tesla hopes long car trip ends ‘range anxiety’

Battery range is the Achilles’ heel of electric cars.

They can only go so far before their drivers need to plug them in for hours of recharging. As a result, people tend to think of them as commuter cars, best for short hops around town.

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Tesla Motors wants to change that. Come Thursday, the San Carlos company will send one of its electric sports cars on a 3,100-mile road trip from Los Angeles to the North American International Auto Show in Detroit.

The trip will give Tesla a chance to show off its all-electric Roadster in places where the car has seldom – if ever – been seen. Tesla also hopes to strike a blow against “range anxiety” among consumers, proving that electric cars are capable of the classic cross-country trip. Or as the company’s Web page devoted to the trip puts it, “range anxiety is for the weak.”

“You can take it on a road trip just like you would with an everyday car,” said Tesla spokeswoman Khobi Brooklyn.

Well, not quite. The trip, which an everyday car would make in about six days, will take 19 in the Tesla.

The trip’s itinerary is built around the Tesla Roadster Sport’s 244-mile range. On most days, the car will only travel 100 to 200 miles before stopping for the night. On others the car will go a little farther than the car’s range, meaning the driver will have to stop in the middle of the day and spend several hours recharging the battery pack. The drivers, a rotating group of Tesla employees, will recharge at hotels and RV parks.

“There is a realistic way to do this,” said Rik Avalos, a Tesla sales recruiter who will drive two legs of the trip. “Going across the country is something people can do. This is not a situation where it’s an undue burden.”

The trip could also subject the California-born car to some vicious winter weather, as the drivers wind their way through the Upper Midwest, with stops in Chicago and Grand Rapids, Mich.

“When it gets to the show, it will be filthy and road-streaked,” said Jason Mendez, who is manager of power train manufacturing engineering and will be another of the drivers. “That’s going to be great.”

Range anxiety isn’t a groundless fear. The few electric cars that have been available to date have had different ranges, but they tend to be lower than the mileage a typical car gets from a full tank of gas. And drivers low on juice can’t make a five-minute stop at the gas station to refuel.

Mark Duvall, with the Electric Power Research Institute, drove an earlier generation of electric car – the EV1 from General Motors – for less than a year. Twice he needed to call a tow truck after running down the batteries.

“Having been a driver of a battery electric vehicle, I can tell you what range anxiety is,” said Duvall, director of the institute’s electric transportation program.

Fear of limited range is also one of the reasons automakers are designing plug-in hybrid cars, which use gas-powered motors for backup when the batteries run too low.

“The people who don’t want to have range anxiety and want more flexibility, they can buy plug-in hybrids,” Duvall said. “We don’t try to make everyone drive the same four-door sedan.”

Roland Hwang, with the Natural Resources Defense Council, agreed. He also said that range anxiety may be less of a factor in the future if gasoline prices resume their upward march.

“As the economy recovers, it’s not going to be too long before we see $4 gasoline again,” said Hwang, vehicle policy director for the environmental group. “So I think when more of these cars hit the showroom, range anxiety is going to be balanced by pump anxiety.”

Tesla’s drivers will update their progress on Facebook and Twitter. For more information about the trip, go to www.teslamotors.com/roadtrip.

E-mail David R. Baker at dbaker@sfchronicle.com

This article appeared on page D – 1 of the San Francisco Chronicle

Alabama holds off Tennessee State 77-65

(12-30) 20:23 PST Tuscaloosa, Ala. (AP) –

JaMychal Green scored 19 points and had eight rebounds to guidance Alabama to a 77-65 victory over Tennessee State on Wednesday ignorance.

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Senario Hillman added 15 points and six assists for the Crimson Tide (9-4), who accept won three of their past four games.

Alabama led for ~ numerous of the game, but didn’t pull away from the Tigers (3-10) until a 12-3 run gave the Crimson Tide a 67-56 allure with 3:25 left in the game.

Green scored eight unswerving points, stretching the Crimson Tide’s lead from 61-54 with 4:59 left to 69-58 with 2:52 remaining.

Tennessee State projectile 47.8 percent from the 3-point line (11-for-23).

Mikhail Torrance scored 14 points to custom along with six rebounds and Justin Knox had 10 points and four steals on this account that Alabama.

Josh Sain, who was 5-for-8 from the 3-quirk line, led the Tigers with 18 points, Wil Peters scored 16 points and Robert Covington added 15.

Volunteers keep count of San Francisco birds

The birdwatchers were out just after dawn Tuesday whipping their binoculars from wren to raptor on the coastal bluffs, in the woods and on the beaches of San Francisco.

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“There’s a northern flicker,” shouted one man, standing on a promontory overlooking Ocean Beach and Seal Rocks.

“Surf scoter,” bellowed a woman. “White-crowned sparrow,” said someone else. And so it went until Natalee Emstrom drew glances with, “Hey, there’s a sea lion in the waves!”

The introduction of a mammal into the avian-only affair was a temporary distraction, but it ultimately had little effect on the 27th annual Golden Gate Audubon Society Christmas bird count. After all, it isn’t unusual even for trained birdwatchers to sometimes get sidetracked by other aspects of nature.

More than 100 birders went out Tuesday on a crisp and mostly cloudy day to tromp around the city’s most spectacular scenery identifying their feathered friends.

The local bird survey, which lasted from dawn until dusk, is one of 2,100 similar counts between Dec. 14 and Jan. 5. As many as 55,000 National Audubon Society aficionados of fowl from Guam to Labrador and from Alaska to Chile slog through the woods, huff their way up mountains or look out their kitchen windows for the squawking, quacking and tweeting flocks.

The volunteers report back the kinds and numbers of birds they spot and the society uses the data to track the health of bird populations, identify trends and guide conservation.

Moving north

Last year’s count found that more than half of the 305 bird species in North America are spending the winter about 35 miles farther north than they did 40 years ago. The purple finch moved the greatest distance. Researchers concluded that the only logical explanation for such a broad shift by so many birds was global warming.

Emstrom, a nurse practitioner with the San Francisco Health Department, was part of a six-person team surveying the coastline from the Cliff House to China Beach. She quickly regained focus after the sea lion incident and deftly identified an orange-beaked bird lounging on Seal Rocks as a black oystercatcher.

“We’re a lean, mean bird-counting machine,” said Bob Power, the team leader and executive director of the Santa Clara Valley Audubon Society.

Power’s team used binoculars and spotting scopes to identify dozens of birds along the spectacular oceanside cliffs, and seemed to be having fun doing it. They even laughed when one joker spotted an empty bottle of cheap wine at a hangout spot near the Cliff House and called out “Thunderbird.”

Power said winter is the best time to count resident fowl because migratory birds are not in the mix. The group members try not to double count, but, Power said, it doesn’t matter if the count is off a by a few birds.

“It’s an annual snapshot, but it isn’t just this one year that is important,” he said. “It’s once you get 10 or 12 years of data that you start to get a picture of what is going on.”

172 species

In San Francisco last year, volunteers identified 50,416 birds and 172 species within a 15-mile radius extending from the bay to Candlestick Point and from the Golden Gate Bridge to San Bruno. That’s compared with a high of 95,942 birds in 1986 when schooling herring in the bay attracted huge numbers of gulls and ducks.

Audubon Society researchers said the one constant so far is that birds that live in coastal scrub have continued to decline, largely because of habitat destruction and urbanization.

It will be several weeks before the results from this year’s Christmas count are compiled and analyzed, but most of the folks out there Tuesday said a day enjoying the wonders of winged wildlife is a day well spent.

“Birds are an amazing sight because their bodies are so sculpted for survival,” said Richard Drechsler, a Potrero Hill software developer. “It is an intellectual and emotional kind of thing in which you can actually feel parts of your mind working.”

E-mail Peter Fimrite at pfimrite@sfchronicle.com.

This article appeared on page C – 1 of the San Francisco Chronicle

Smaller GDP growth might mean slower recovery

The U.S. economy grew even slower than previously thought in the third quarter, but most economists think it will end the year on a stronger note, raising the question of how soon the recovery will put a dent in unemployment.

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The Commerce Department said Monday that the nation’s gross domestic product grew 2.2 percent from July through September – its third and final revision of this all-inclusive measure of economic activity.

The growth rate has been revised downward twice, from its initial 3.5 percent estimate in October and a 2.8 percent reading last month. But the still-positive number follows four straight quarterly declines and suggests the economy is mending.

“We’ve come a long way since last year at this time when the ultra-pessimists thought we were nearly in a depression,” said Brian Bethune, an economist with IHS Global Insight, who thinks the GDP will grow about 4 percent in the last three months of 2009.

In another encouraging sign, the National Association of Realtors said existing-home sales rose 7.4 percent in November for the third straight monthly gain, raising hopes that the housing downturn may be coming to an end.

Retail sales also showed momentum in October and November, raising hopes for solid sales in the holiday season. Slight dips in the November unemployment rate to 10 percent nationwide and 12.3 percent in California could signal a turn in the job market as well.

But while the economy is no longer spiraling down, it is not clear how strongly it is headed up.

“I think we’ll be ‘driving sideways’ in both the California economy and the U.S. economy,” said UC Berkeley economist Barry Eichengreen.

He fears that the GDP won’t grow strongly enough in 2010 to bring down unemployment.

Bethune thinks GDP growth will range between just 2 and 2.5 percent next year.

“It’s a half-speed recovery,” he said.

High unemployment will keep a lid on consumer spending – which accounts for 70 percent of all economic activity – and lead to a long, slow recovery, said Bart van Ark, chief economist for the Conference Board.

But Jon Fisher, a Silicon Valley entrepreneur and adjunct professor of business at the University of San Francisco, said stronger-than-expected home construction and other factors, including a growing strength in the technology industry, will cause unemployment to fall more sharply than commonly forecast.

PricewaterhouseCoopers recently reported a fourth-quarter rise in initial public offerings, which could embolden venture capital investors and spur startups. “We expect the momentum to continue to build in 2010,” said PricewaterhouseCoopers spokesman Scott Gehsmann.

California’s housing market may also have hit bottom, said Esmael Adibi, director of the Anderson Center for Economic Research at Chapman University, who thinks the state’s builders may register a mild uptick in new construction next year.

But a troubling percentage of mortgages remain either delinquent or in foreclosure, said Wells Fargo economist Scott Anderson, adding that the housing market is being stabilized by loan-modification programs, low interest rates and federal assistance for home buyers.

He likened the federal assistance to “a patient who becomes addicted to painkillers.”

Meanwhile, every economic interest seems to be seeking federal aid.

Scott Hauge, president of Small Business California, cheered recent congressional action to temporarily extend Small Business Administration loan subsidies to help little firms survive the credit crunch.

“If we’re going to create jobs, we need capital,” he said.

Chronicle columnist Andrew S. Ross contributed to this report. E-mail Tom Abate at tabate@sfchronicle.com.

This article appeared on page A – 1 of the San Francisco Chronicle

Ship traffic for December 18, 2009

Due to arrive today

SHIP

FROM

PORT

Ocean Highway

Tacoma

BNC

Long Beach

Port Unknown

SFO

Cap Colville

Long Beach

OAK

APL Korea

San Pedro, CA

OAK

MSC Voyager

Long Beach

OAK

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New Mexico usefulness has permits to move transformer 12.22.09

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Reactor shutdown opens house to Russia plans 12.22.09

Due to depart today

SHIP

TO

PORT

Hanjin Yantian

Seattle

OAK

Milan Express

Vancouver

SFO

Rialto Bridge

Tokyo

OAK

MSC Voyager

Manzanillo, Mexico

OAK

OOCL Kaohsiung

Fuzhou, China

OAK

Xin Ya Zhou

Qingdao, China

OAK

Cma Cgm Hugo

Dalian, China

OAK

Pioneer

Santa Rosalia, Mexico

SFO

Global Nextage

Japan

SFO

APL Jade

Tokyo

OAK

Source: San Francisco Marine Exchange

This substance appeared on page DC – 3 of the San Francisco Chronicle

Lawmakers blast SIPC, Madoff bankruptcy trustee

(12-09) 09:27 PST WASHINGTON, (AP) –

Several House lawmakers without interrupti~ Wednesday criticized the treatment of Madoff fraud victims by the direction charged with resolving brokerage firm failures, saying new legislative remedies may have existence needed to help the investors.

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Actions ~ dint of. the industry-funded Securities Investor Protection Corp. and the trustee in the Madoff insolvency have made “the victims being victimized again,” Rep. Peter King, R-N.Y., afore~ at a House Financial Services Committee hearing.

The criticism was buttressed ~ means of testimony from some defrauded Madoff investors, putting a human face forward the scandal that broke a year ago when Bernard Madoff was arrested at his Manhattan penthouse and the biggest investment fraud in U.S. history came to light. Losses are estimated at $13 billion to $19 billion.

“The money I had invested with Madoff represented 30 years of my life savings,” Jeannene Langford, a design consultant from San Rafael, Calif., told the committee. “This was my retreat, a down payment for a house, investment for the business I was starting, and it was circulating medium for my daughter’s education. I do not have another 30 years to procure this money again.”

Thousands of individuals — including ordinary people and Hollywood celebrities — being of the cl~s who well as big hedge funds, international banks and charities worldwide napping money investing with Madoff. He is serving a 150-year sentence in federal prison after pleading guilty in March.

The court-appointed depositary, Irving Picard, is seeking to recover around $700 million from investors who undesignedly made money from the stunning Ponzi swindle — so-called clawbacks of bogus profits. Some the masses who withdrew significant amounts from their Madoff accounts have long ago spent the money, then lost the rest of their savings in the chouse.

Rep. Gary Ackerman, a Democrat whose New York district encompasses the opulent north shore of Long Island that’s home to many of Madoff’s victims, afore~ many investors were being gouged by the clawback provision.

Lawyers representing investors are challenging the lawfulness of the clawbacks, and some members of the House panel uttered legislation was needed to restrain them.

But Rep. Paul Kanjorski, D-Pa., the array’s chairman, said he was concerned that would lead to truthless treatment of later investors in the Madoff scheme. At the same time, Kanjorski said, clawing back profits from Madoff that charitable organizations already have used “could prove especially devastating.”

“We must walk a pure line in determining how to proceed, if at all,” Kanjorski before-mentioned.

John Coffee, a securities law professor at Columbia University, told the lawmakers that restraining Picard’s facility to claw back profits could slash the amount he recovers on this account that victims.

The SIPC, created by Congress to protect investors when a brokerage firm fails, can provide up to a maximum of $500,000 on the side of each customer.

SIPC President Stephen Harbeck said in prepared testimony that it has such far paid out $559 million to Madoff investors. That’s in addition than the combined total of all the brokerage busts it beforehand handled. More than 16,000 claims have been filed by investors by SIPC, representing $4.6 billion, Harbeck said.

Fourteen lawsuits seeking $14.8 billion from “feeder funds” that channeled circulating medium to Madoff have been filed, and $1.1 billion has been recovered, Harbeck notable.

World stocks mostly down ahead of key US jobs data

(12-04) 02:20 PST LONDON, United Kingdom (AP) –

World stocks mostly fell Friday ahead of a key U.S. jobs declare that investors watch closely for signs of recovery and which could well fix the market tone for the rest of the year.

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In Europe, the FTSE 100 table of contents of leading British shares was down 32.63 points, or 0.6 percent, at 5,280.37 in which case Germany’s DAX fell 39.10 points, or 0.7 percent, at 5,731.25. The CAC-40 in France was 16.53 points, or 0.4 percent, grow less at 3,782.58.

Earlier in Asia, Hong Kong’s Hang Seng closed etc. 55.72 points, or 0.3 percent, to 22,498.15, mete Japan’s Nikkei 225 stock average bucked the trend and ended 44.92 points, or 0.5 percent, to 10,022.59.

All eyes are forward the U.S. nonfarm payrolls report for November — data that often affects investor sentiment for a week or two. If traders conclude the U.S. frugality is losing steam, that could pave the way for a curve of profit-taking following an eight-month bull run.

The concord is that November U.S. non-farm payrolls fell by on every side of 125,000, but that the unemployment rate held steady at a 26-year strong of 10.2 percent. However, some soft economic data this week has raised fears that the payrolls may fail by 160,000 and the unemployment rate may tick up.

“Any overshoot in this place could heap pressure on the downside going into the weekend mitigate., not least as volumes start to dry up as we air down to Christmas,” said Ben Potter, research analyst at IG Markets in Melbourne, Australia.

Though technically public of recession, the U.S. economy has continued shedding jobs and through the employment data in recent months coming in worse than expectations, investors are in jittery humor.

“The employment figures have not made pleasant reading recently and in such a manner traders will be preparing themselves for a poor number,” said Arifa Sheikh-Usmani, a tradesman at Spreadex.

Wall Street was expected to open largely flat if it were not that that will undoubtedly change should the jobs data — due at 1330 GMT, some hour before the bell — deviate dramatically from consensus.

By mid morning London time, Dow futures were up 4 points at 10,356 at the same time that the Standard & Poor’s 500 futures rose 0.7 point to 1,098.70. On Thursday, U.S. funds closed around a percent down after a bout of late selling.

It’s not pure stock markets that will be closely monitoring the data.

In the circulation markets, a better than expected report may further fuel hopes in the markets that the U.S. good husbandry is recovering from recession stronger than anticipated. That could well instigate a rise in investors’ appetite for risk, which in the current climate could hurt the dollar, which earlier this week fell to a 14-year humble against the yen and just short of a 16-month disreputable against the euro.

By mid morning London time, trading in the circulation markets was fairly subdued, with the dollar down 0.1 percent at 88.14 yen on the other hand the euro 0.1 percent higher at $1.5070.

Any fluctuations in the dollar later could also impact heavily in energy and commodity markets.

Gold was unchanged at $1,217.40 some ounce while benchmark crude for January delivery was down 47 cents to $75.99. The get gave up 14 cents Thursday.

Elsewhere in Asia, Australia’s market dropped 1.5 percent while Taiwan’s market shed 0.4 percent.

However, Shanghai’s mart gained 1.6 percent and South Korea’s Kospi rose 0.6 percent about the government said the economy, Asia’s fourth largest, expanded a revised 3.2 percent in the third part quarter. That was a better performance than initially estimated thanks to stronger product in manufacturing, exports and services.

_____

AP Business Writer Jeremiah Marquez in Hong Kong contributed to this state.