Cameron pledges to lower hurdles to growth
















LONDON (Reuters) – British Prime Minister David Cameron promised on Monday to slash legal and regulatory obstacles to economic growth, seeking to ward off criticism that the government is doing too little to help companies and revive an ailing economy.


Cameron said he was determined to cut through officialdom and change a risk-averse government culture of consultation, review and audit that hindered enterprise.













“When this country was at war in the 1940s, Whitehall underwent a revolution,” he said, referring to the British government. “Normal rules were circumvented. Convention was thrown out,” Cameron said in advance extracts of a speech to business leaders.


“As one historian put it, everything was thrown at ‘the overriding purpose’ of beating Hitler. Well, this country is in the economic equivalent of war today – and we need the same spirit,” he added.


Cameron’s Conservative-led government has pledged to tackle its budget deficit and has little room to boost Britain’s stagnant growth with extra state spending.


It has instead been seeking to promote a private-sector-led recovery, identifying a series of job-creating infrastructure projects, but has since been frustrated by the slow pace of progress.


Cameron said the government would impose restrictions on the use of a legal process known as judicial review, used increasingly by opponents to delay big infrastructure schemes.


A planned high-speed rail line from London to Birmingham faces five such reviews in court hearings next month from residents and others affected by its construction.


In addition, officials would be barred from introducing costly business regulations unless they withdrew two other bureaucratic rules at the same time, in a doubling of an existing “one-in, one-out” procedure.


Cameron was due to make the remarks to the country’s main business lobby group, the Confederation of British Industry, which has demanded more action to boost the economy.


CBI head John Cridland called on Sunday for Chancellor George Osborne to inject a further 1.5 billion pounds into the economy to stimulate growth when he makes a budget statement in December.


Cridland said London’s successful 2012 Olympics were a model for an infrastructure-led recovery.


“I’d like to see the government bottle what worked with the Olympics, which is we did something on time, on spec – a fabulous construction project,” he told Sky News.


“And do that with a motorway, a big power station, a big offshore wind farm, maybe a tunnel under the Thames (River) for our waste sewerage. Let’s get these things happening,” Cridland added.


($ 1 = 0.6311 British pounds)


(Reporting by Tim Castle, editing by Gary Crosse)


Economy News Headlines – Yahoo! News



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Android de Google resta cada vez más mercado a Apple
















Los teléfonos inteligentes y tabletas informáticas con el sistema operativo Android de Google están acaparando el mercado de dispositivos móviles y robando espacio a Apple al saciar el apetito por la innovación y los bajos precios, estiman analistas.


El sistema operativo Android funciona en casi tres de cada cuatro teléfonos inteligentes vendidos en el mundo en el trimestre que acaba de finalizar en momentos en que la plataforma móvil domina el mercado, de acuerdo con los analistas de la industria de la firma IDC.













“Android ha sido uno de los principales motores de crecimiento del mercado de teléfonos inteligentes desde su lanzamiento en 2008″, dice el gerente de investigación de teléfonos móviles de IDC, Ramon Llamas.


“Cada año desde entonces, Android ha desbordado el mercado y robado participación en el mercado de la competencia”, agrega.


En las tabletas, la cuota de mercado de Apple cayó a poco más del 50%, desde el 65% que registró en el segundo trimestre, mientras Android ha ganado terreno, de acuerdo con cifras de IDC.


“Tener una gran cantidad de personas que construyen un montón de cosas que cubren una gran cantidad de rangos de precio con múltiples marcas en varios lugares hace una gran diferencia”, dice el analista de NPD Group Stephen Baker.


“La variedad es la fuerza cuando se trata de artefactos móviles”, estima.


Los pedidos de teléfonos inteligentes Android aumentaron a 136 millones de dólares, superando los del mismo trimestre del año pasado por un poco más del 90%, de acuerdo con informes de IDC.


Galaxy S3 de Samsung superó al iPhone 4S de Apple en el tercer trimestre para dar a la empresa de Corea del Sur el modelo de teléfono inteligente más vendido del mundo por primera vez, según la firma de investigación Strategy Analytics.


“El ritmo de la innovación en Android es más rápido que el de Apple”, dice el vicepresidente de computación móvil de Gartner, Ken Dulaney. “Ellos están tratando de hacerlo más fuerte, Apple está muy por detrás en esa área”.


Android se está beneficiando de ser una plataforma “open-source” que los fabricantes de aplicaciones usan gratuitamente y mejoran a medida que lo estiman conveniente, proporcionando a Google conocimientos en el camino.


Apple, por su parte, supervisa muy de cerca sus productos desde el software al hardware, e inclusive la tienda online de música, libros, juegos u otro contenido.


“Lo que se obtiene con Android es este increíble circuito de retroalimentación con los desarrolladores, fabricantes de equipos, clientes y diseñadores”, dice Dulaney.


“En Apple, si bien tienen una gran visión interna que está bien, no tienen la retroalimentación que Android tiene”, añade.


Tener miles de diferentes dispositivos Android disputándose el dinero de los consumidores es un fuerte estímulo cuando se trata de participación de mercado pero pone a los fabricantes de hardware en un escenario altamente competitivo, según Baker.


“Aparte de Samsung, no sé si otros chicos (vinculados a) Android están haciendo dinero”, estima el analista.


Google ofrece Android de forma gratuita, pero la plataforma está diseñada para hacer que sea más fácil para la gente usar servicios de Google, como el de búsqueda o de mapas, entre otros, y hallar contenido en sus tiendas en línea Google Play.


El analista de Forrester Charles Golvin estimó que parte importante del éxito coyuntural de Android tiene que ver con cambios demográficos de los compradores de teléfonos inteligentes.


Los primeros usuarios de teléfonos multifunciones apreciaban más las nuevas tecnologías que el precio, pero los dispositivos se han vuelto imprescindibles y con un costo cada vez más importante para los compradores, según Golvin.


“La gente está más inclinada hacia la plataforma Android, porque hay más posibilidades de elección y la mayoría de las opciones que da es de bajo precio”, dice.


La naturaleza abierta de Android y la variedad de modelos ofrecidos por los fabricantes de dispositivos funcionan como un “arma de doble filo”, señala no obstante el analista.


Apple lanza anualmente actualizaciones del sistema operativo móvil iOS a sus dispositivos, mientras que las nuevas versiones de Android, aunque lo hacen más a menudo, deben obtenerse a través de los fabricantes de hardware y servicios de telecomunicaciones para llegar hasta los teléfonos.


“Tú tienes esta lenta cadena de intermediarios que están retrasando la instalación del nuevo software y sus innovaciones en los dispositivos existentes en el mercado”, advierte Golvin.


Los teléfonos inteligentes y tabletas informáticas con el sistema operativo Android de Google están acaparando el mercado de dispositivos móviles y robando espacio a Apple al saciar el apetito por la innovación y los bajos precios, estiman analistas.


Linux/Open Source News Headlines – Yahoo! News



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Jon Stewart tells Bill O’Reilly to stop worrying about loss of “traditional America”
















LOS ANGELES (TheWrap.com) – Jon Stewart has a message for Fox News host Bill O’Reilly — chill out about the loss of “traditional America.”


“The Daily Show” funnyman skewered the right-leaning network on Thursday for treating the re-election of President Barack Obama – a victory aided by minority voters – as a cataclysm for the white men who were once in the driver’s seat in America. Stewart implied that this longing on behalf of some of the network’s commentators for a Grover’s Corners past may not be rooted in reality.













“Yes Bill,” Stewart said. “Obama’s re-election marked the moment that traditional America ended. The moment when the family from the 1950s sitcom ‘Leave it to Beaver’ ceased to be real.”


Moreover, Stewart said that ethnic demographics are constantly shifting in the United States and that such changes can be a little troublesome for the folks who were in control.


“You don’t need to worry so much,” Stewart counseled. “What you are demonstrating is the health and vitality of America’s greatest tradition – a fevered, frightened ruling class lamenting the rise of a new ethnically and religiously diverse new class. One that will destroy all that is virtuous and good and bring the American experiment crashing to the ground.”


He added that those rising ethnic groups work so hard so that their children and grandchildren have the opportunity to be intolerant of new immigrant populations. Thus the circle of life continues.


TV News Headlines – Yahoo! News



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Diesel founder considering jewelery and Japan to beat slowdown
















ROME (Reuters) – Diesel brand founder Renzo Rosso is considering expanding into jewelery and launching a new project in Japan to fuel growth at his fashion group despite the global economic turmoil.


Known as the “king of high-end casualwear”, the rockstar-looking businessman is one of the most dynamic figures in a fashion industry threatened by a slowdown in its core markets.













A painful recession in southern Europe and a slowdown in China are forcing European brands to come up with new ideas to lure consumers back into their stores.


Accessories, which, like leather belts and perfumes, are more affordable than evening dresses, are the fastest-growing category in a luxury industry expected to grow 5 percent this year from 13 percent in 2011 at constant exchange rates, according to consultancy Bain & Co.


Italian designer Giorgio Armani said in September he would boost sales of accessories.


Rosso, who also owns young-focused brands such Maison Martin Margiela and Viktor & Rolf, said he expected the recession to continue to hurt Italy well beyond 2013.


“There is a deep crisis and I believe it will remain serious for two other years,” Rosso said on the sidelines of the IHT summit on Friday afternoon.


“We need to take care of our licences for sunglasses, watches and perfumes. A world that fascinates me is jewelery. With my brands I want to enter this category too,” he said.


A visionary entrepreneur, Rosso was the first to turn stone-washed denim into a premium category in the 1980s.


His holding “Only The Brave” – which includes his brands as well as Staff International, a company that produces under licence for Just Cavalli, Vivienne Westwood Red Label, DSquared and Marc Jacobs Men – had revenues of around $ 2 billion in 2011.


DENIM KING


Rosso said he finds inspiration for new projects from travelling and working with his international team.


“I went to Japan with my daughters for three days and I came back with an incredible idea about a business that is totally different from what I do but related to clothing,” he said.


Rosso said nobody really understood him when he started to age his jeans by washing them with stones. His products are now sold worldwide, mostly in Japan.


“Japan is a country where fashion is extreme, more than elsewhere. I also love London,” curly haired Rosso said.


“Russia is going very well, like the Arab countries. Another growing market is Brazil, where people enjoy life,” he said.


Rosso, who works hands-on in Diesel but leaves designers at his other brands complete autonomy, has interests spanning from wine to eco-friendly technologies.


On Friday, Rosso announced a partnership with his friend rockstar Bono to sell in Diesel stores fashion products, sourced or entirely made in Africa under an Diesel+Edun label.


Through his Red Circle investment arm, Rosso is also the single-biggest shareholder with a stake of around 9 percent in growing Italian online fashion retailer Yoox .


Rosso has also invested in an Italian start-up incubator called H-Farm and in a maker of electric vehicles.


Rosso, whose thought-provoking slogans “Be Stupid” and “For Successful Living” have inspired books, did not rule out other investments in the future.


(Editing by Alison Williams)


Economy News Headlines – Yahoo! News



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Israel hits Hamas buildings, shoots down Tel Aviv-bound rocket
















GAZA/JERUSALEM (Reuters) – Israeli aircraft bombed Hamas government buildings in Gaza, and the “Iron Dome” defense system shot down a Tel Aviv-bound rocket on Saturday as Israel geared up for a possible ground invasion.


Hamas, the Palestinian Islamist group that runs the Gaza Strip, said Israeli missiles wrecked the office building of Prime Minister Ismail Haniyeh – where he had met on Friday with the Egyptian prime minister – and struck a police headquarters.













Along the Tel Aviv beachfront, volleyball games came to an abrupt halt and people crouched as sirens sounded. Two interceptor rockets streaked into the sky. A flash and an explosion followed as Iron Dome, deployed only hours earlier near the city, destroyed the incoming projectile in mid-air.


With Israeli tanks and artillery positioned along the Gaza border and no end in sight to hostilities now in their fourth day, Tunisia’s foreign minister travelled to the enclave in a show of Arab solidarity.


In Cairo, a presidential source said Egyptian President Mohamed Mursi would hold four-way talks with the Qatari emir, the prime minister of Turkey and Hamas chief Khaled Meshaal in the Egyptian capital on Saturday to discuss the Gaza crisis.


Egypt has been working to reinstate calm between Israel and Hamas after an informal ceasefire brokered by Cairo unraveled over the past few weeks. Meshaal, who lives in exile, has already held a round of talks with Egyptian security officials.


Officials in Gaza said 43 Palestinians, nearly half of them civilians including eight children, had been killed since Israel began its air strikes. Three Israeli civilians were killed by a rocket on Thursday.


Israel unleashed its massive air campaign on Wednesday with the declared goal of deterring Hamas from launching rockets that have plagued its southern communities for years.


The Israeli army said it had zeroed in on a number of government buildings during the night, including Haniyeh’s office, the Hamas Interior Ministry and a police compound.


Taher al-Nono, a spokesman for the Hamas government, held a news conference near the rubble of the prime minister’s office and pledged: “We will declare victory from here.”


Hamas‘s armed wing claimed responsibility for Saturday’s rocket attack on Tel Aviv, the third against the city since Wednesday. It said it fired an Iranian-designed Fajr-5 at the coastal metropolis, some 70 km (43 miles) north of Gaza.


“Well that wasn’t such a big deal,” said one woman, who had watched the interception while clinging for protection to the trunk of a baby palm tree on a traffic island.


In the Israeli Mediterranean port of Ashdod, a rocket ripped into several balconies. Police said five people were hurt.


Among those killed in airstrikes on Gaza on Saturday were at least four suspected militants riding on motorcycles.


Israel’s operation has drawn Western support for what U.S. and European leaders have called Israel’s right to self-defense, along with appeals to avoid civilian casualties.


Hamas, shunned by the West over its refusal to recognize Israel, says its cross-border attacks have come in response to Israeli strikes against Palestinian fighters in Gaza.


RESERVIST CALL-UP


At a late night session on Friday, Israeli cabinet ministers decided to more than double the current reserve troop quota set for the Gaza offensive to 75,000, political sources said, in a signal Israel was edging closer to an invasion.


Around 16,000 reservists have already been called up.


Asked by reporters whether a ground operation was possible, Major-General Tal Russo, commander of the Israeli forces on the Gaza frontier, said: “Definitely.”


“We have a plan … it will take time. We need to have patience. It won’t be a day or two,” he added.


A possible move into the densely populated Gaza Strip and the risk of major casualties it brings would be a significant gamble for Prime Minister Benjamin Netanyahu, favorite to win a January national election.


Hamas fighters are no match for the Israeli military. The last Gaza war, involving a three-week long Israeli air blitz and ground invasion over the New Year period of 2008-09, killed over 1,400 Palestinians, mostly civilians. Thirteen Israelis died.


But the Gaza conflagration has stirred the pot of a Middle East already boiling from two years of Arab revolution and a civil war in Syria that threatens to spread beyond its borders.


“Israel should understand that many things have changed and that lots of water has run in the Arab river,” Tunisian Foreign Minister Rafik Abdesslem said as he surveyed the wreckage from a bomb-blast site in central Gaza.


One major change has been the election of an Islamist government in Cairo that is allied with Hamas, potentially narrowing Israel’s manoeuvering room in confronting the Palestinian group. Israel and Egypt made peace in 1979.


“DE-ESCALATION”


Netanyahu spoke late on Friday with U.S. President Barack Obama for the second time since the offensive began, the prime minister’s office said in a statement.


“(Netanyahu) expressed his deep appreciation for the U.S. position that Israel has a right to defend itself and thanked him for American aid in purchasing Iron Dome batteries,” the statement added.


The two leaders have had a testy relationship and have been at odds over how to curb Iran’s nuclear program.


A White House official said on Saturday Obama called Turkish Prime Minister Tayyip Erdogan to discuss how the two countries could help bring an end to the Gaza conflict.


Ben Rhodes, White House deputy national security adviser, told reporters that Washington “wants the same thing as the Israelis want”, an end to rocket attacks from Gaza. He said the United States is emphasizing diplomacy and “de-escalation”.


In Berlin, a spokesman for German Chancellor Angela Merkel said she had spoken to Netanyahu and Egypt’s Mursi, stressing to the Israeli leader that Israel had a right to self-defense and that a ceasefire must be agreed as soon as possible to avoid more bloodshed.


U.N. Secretary-General Ban Ki-moon is expected to visit Israel and Egypt next week to push for an end to the fighting in Gaza, U.N. diplomats said on Friday.


The Israeli military said 492 rockets fired from Gaza have hit Israel since the operation began. Iron Dome intercepted another 245.


In Jerusalem, targeted by a Palestinian rocket on Friday for the first time in 42 years, there was little outward sign on the Jewish Sabbath that the attack had any impact on the usually placid pace of life in the holy city.


Some families in Gaza have abandoned their homes – some of them damaged and others situated near potential Israeli targets – and packed into the houses of friends and relatives.


(Additional reporting by Dan Williams and Douglas Hamilton in Tel Aviv, Allyn Fisher-Ilan in Jerusalem, Jeff Mason aboard Air Force One, Writing by Jeffrey Heller; editing by Crispian Balmer)


World News Headlines – Yahoo! News



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Google Considering Wireless Network [REPORT]
















Google is looking to cut out the middleman for its Android mobile devices and begin offering wireless service itself, according to a report.


The search giant met with reps from Dish Network to partner on a wireless service “that would rival” wireless networks like AT&T and Verizon, according to The Wall Street Journal, which cited “people familiar with the discussions.” The talks, however, could amount to nothing, the article notes.













[More from Mashable: Google Updates Blogger Mobile Apps to Version 2.0]


Dish bought wireless spectrum in 2008 that it plans to build out into such a network. The company has met with other, unnamed companies aside from Google, according to the report. In an interview this week, Dish Chairman Charlie Ergen said potential partners include companies “who would like to be in the industry” and don’t offer wireless service. He did not name Google or any other of the companies. Despite the talk, there’s speculation that AT&T might partner with Dish on the spectrum offering.


Google bid on wireless spectrum in 2008, but lost to Verizon and AT&T. Google also took a $ 500 million stake in mobile broadband firm Clearwire, which it sold this year for $ 66.5 million.


[More from Mashable: Google Launches Mobile Game You Play in Real Life]


Despite being shut out of wireless for now, Google is offering wired broadband service in Kansas City. The company also diversified into the wireless handset business last year with its $ 12.5 billion purchase of Motorola.


Bonus Gallery: Hands-On: Verizon’s Droid DNA Wows With High-Def Display


Verizon’s Droid DNA


Click here to view this gallery.


This story originally published on Mashable here.


Wireless News Headlines – Yahoo! News



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New Variety owner Jay Penske slashes one-quarter staff
















LOS ANGELES (TheWrap.com) – Jay Penske, the new owner of Variety, laid off nearly a quarter of the company’s staff on Thursday.


Between 20 and 25 employees from the struggling Hollywood trade’s circulation, database and conference departments were laid off. The editorial staff was not affected. Variety had about 120 employees before Thursday’s cuts.













“Without a doubt, this is a challenging day, and I particularly wanted to notify and acknowledge those of you who will be saying goodbye to valued colleagues and friends,” Penske, the CEO of Penske Media Corporation wrote in a memo obtained by the industry blog Deadline, which he also owns. “As we look ahead, Variety’s business holds almost limitless potential and I will remain available to answer any questions you might have regarding today’s changes and our future.”


Penske bought the paper last month at the fire-sale price of $ 25 million. In his memo, Penske said that he planned to invest in the editorial and digital departments while trimming the database services and business branch.


The jobs eliminated came from the LA411 and NY411 units – directories for production resources – and its administration and conference units, according to the memo. Deadline said that the cuts totaled 20 to 25 employees.


He also cut circulation staff, in what may presage a move to cut back on the paper’s printing schedule. Variety currently prints daily during the week and a weekly edition on Friday.


TheWrap previously reported that Penske planned to maintain the print edition and drop the paywall that blocked non-subscribers from reading Variety’s site, placing it in direct competition with competitors like the Hollywood Reporter, TheWrap and its corporate sister Deadline. The paywall has since been torn down.


Neither Penske nor Variety returned calls or emails from TheWrap requesting comment.


Here’s the full memo:


Dear Team


For the past six months, we have diligently reviewed every aspect of the Variety business. And in more recent weeks, we have outlined to Variety senior management an exciting and also aggressive trajectory for the brand’s resurgence. These steps will include substantial further investment in editorial and digital, but will unfortunately require some immediate eliminations in the following business units: LA411/NY411, Circ, Systems, Conferences, and Admin.


Without a doubt, this is a challenging day, and I particularly wanted to notify and acknowledge those of you who will be saying goodbye to valued colleagues and friends. As we look ahead, Variety’s business holds almost limitless potential and I will remain available to answer any questions you might have regarding today’s changes and our future. As always, please don’t hesitate to reach out to me, or see Tammy Chase to arrange an appointment.


Sincerely,


Jay Penske


CEO


Celebrity News Headlines – Yahoo! News



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Relentless Afghan conflict leaves traumatized generation
















KABUL (Reuters) – On a low bed in a quiet, all-female hospital ward, a depressed Afghan teenager huddles silently under blankets, her mother close by. In a nearby room are men suffering from schizophrenia, delusions of persecution and power, anxiety and panic disorders.


Among them are some of the unseen victims of the war in Afghanistan: a generation of people mentally damaged by their exposure to incessant conflict.













The accumulation of psychological problems could begin to undermine national reconstruction and development, say health workers at the country’s only facility for treating mental illness.


Ghazia Sadid, a 26-year-old mother, endured depression for years after a family member was killed in a bomb attack, and she fled her home in fear of more violence.


“I still hear the sounds of explosions. I still remember the fighting, but since I have come here my behavior has changed,” she said, speaking at the Kabul Mental Health Hospital, a green-walled building on the outskirts of the city.


“I was totally lost and my life was over. After two years of treatment, now I love my children,” she said. “I loved them then too, but in my imagination I had done something wrong.”


The concept of mental illness is alien to many in Afghanistan, where the public health system, like much of the country’s infrastructure, has been wrecked by decades of war.


Frequently, people suffering psychological disorders are thought by their families to be under the influence of malign spirits, or showing symptoms of a physical ailment.


The Kabul hospital, which has 60 beds for in-patients and another 40 in a separate facility for drug addicts, is run by the government in partnership with U.S.-based nonprofit group the International Medical Corps. It gets funding from the European Union.


Psychologists working there say children who have known nothing but fighting since the U.S.-led overthrow of the Taliban government more than a decade ago are especially vulnerable.


“The generation born after 2001 when the international community entered Afghanistan might be 10, 11 year olds now, and I’ve been seeing 11 year olds and 10 year olds nowadays who are presenting with so many mental health problems: nightmares, depression, anxiety, incontinence,” said Mohammad Zaman Rajabi, clinical psychology advisor at the hospital.


Men, women and children come for treatment with drugs, counseling, group therapy and cognitive behavioral therapy.


TRAUMATIZED GENERATION


“If, in a family, there are problems every day it’s obvious that the family members are not well and cannot serve each other properly,” said Taiba Alkazai, a psychologist at the hospital.


“In the same way, if there is fighting in a country then its people won’t be happy.”


The fear of suicide bomb attacks, roadside bombs, and the overall level of violence in Afghanistan – of which civilians bear the brunt, with the number killed rising in 2011 for the fifth straight year to more than 3,000, according to the United Nations – can lead to anxiety, panic and obsession.


“The physical aspects of war (last) for a limited time, but the psychological aspects of the war extend for many years. Day by day the mental health problems caused by the war are increasing,” said consultant psychiatrist Said Najib Jawed.


Just as socially damaging is the risk of a generation for whom violence has become the norm.


“One of the examples I always give is that when you talk to an Afghan boy, you can easily get into a physical fight because they just wait for it, they don’t know any other ways of dealing with a problem than fighting,” Rajabi said.


“All these things will lead to a generation of people who are not very healthy mentally, and this will affect everything in the country: education, relationships, families, generally the development of the country.”


(Editing by Robert Birsel)


Medications/Drugs News Headlines – Yahoo! News



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Retailer Comet to close 30 stores

















The insolvent electrical chain Comet is preparing to close about 30 stores by the end of November, the BBC has learned.













Comet appointed administrators earlier this month, putting 6,611 jobs at risk.


The remaining 206 or so outlets are expected to continue trading over the Christmas period, but their future remains deeply uncertain.


The first of the store closures will begin next week, the Financial Times reported earlier.


The administrators, Deloitte, has already announced 330 job losses at Comet’s headquarters and among administrative staff and there have also been reports that it is preparing to close down the retailer’s home delivery operation.


Comet’s demise was one of the biggest High Street casualties of recent years.


The electricals chain had been hit hard by the drop in consumer spending in the UK since 2008, which has been particularly acute in the case of the big items that Comet sells.


Many of Comet’s customers are first-time home-buyers, according to Deloitte, meaning that business has been hurt by the much tighter conditions in the UK mortgage market.


According to Deloitte, the company had been pushed to the brink by a cash drain caused by suppliers who had been unwilling to provide credit to Comet. Without such credit, the chain was unable to stock-up for Christmas.


Deloitte recently allowed gift vouchers bought by members of the public to be used at stores, days after suspending them, after taking time to “assess the financial position of the company”.


Rival Dixons has offered Christmas jobs to hundreds of Comet staff who face redundancy.


BBC News – Business



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Israel moves on reservists after rockets target cities
















GAZA/JERUSALEM (Reuters) – Israeli ministers were on Friday asked to endorse the call-up of up to 75,000 reservists after Palestinian militants nearly hit Jerusalem with a rocket for the first time in decades and fired at Tel Aviv for a second day.


The rocket attacks were a challenge to Israel‘s Gaza offensive and came just hours after Egypt‘s prime minister, denouncing what he described as Israeli aggression, visited the enclave and said Cairo was prepared to mediate.













Israel’s armed forces announced that a highway leading to the Gaza Strip and two roads bordering the enclave would be off-limits to civilian traffic until further notice.


Tanks and self-propelled guns were seen near the border area on Friday, and the military said it had already called 16,000 reservists to active duty.


Prime Minister Benjamin Netanyahu convened senior cabinet ministers in Tel Aviv after the rockets struck to decide on widening the Gaza campaign.


Political sources said ministers were asked to approve the mobilization of up to 75,000 reservists, in what could be preparation for a possible ground operation.


No decision was immediately announced and some commentators speculated in the Israeli media the move could be psychological warfare against Gaza’s Hamas rulers. A quota of 30,000 reservists had been set earlier.


Israel began bombing Gaza on Wednesday with an attack that killed the Hamas military chief. It says its campaign is in response to Hamas missiles fired on its territory. Hamas stepped up rocket attacks in response.


Israeli police said a rocket fired from Gaza landed in the Jerusalem area, outside the city, on Friday.


It was the first Palestinian rocket since 1970 to reach the vicinity of the holy city, which Israel claims as its capital, and was likely to spur an escalation in its three-day old air war against militants in Gaza.


Rockets nearly hit Tel Aviv on Thursday for the first time since Saddam Hussein’s Iraq fired them during the 1991 Gulf War. An air raid siren rang out on Friday when the commercial centre was targeted again. Motorists crouched next to cars, many with their hands protecting their heads, while pedestrians scurried for cover in building stairwells.


The Jerusalem and Tel Aviv strikes have so far caused no casualties or damage, but could be political poison for Netanyahu, a conservative favored to win re-election in January on the strength of his ability to guarantee security.


“The Israel Defence Forces will continue to hit Hamas hard and are prepared to broaden the action inside Gaza,” Netanyahu said before the rocket attacks on the two cities.


Asked about Israel massing forces for a possible Gaza invasion, Hamas spokesman Sami Abu Zuhri said: “The Israelis should be aware of the grave results of such a raid and they should bring their body bags.”


Officials in Gaza said 28 Palestinians had been killed in the enclave since Israel began the air offensive with the declared aim of stemming surges of rocket strikes that have disrupted life in southern Israeli towns.


The Palestinian dead include 12 militants and 16 civilians, among them eight children and a pregnant woman. Three Israelis were killed by a rocket on Thursday. A Hamas source said the Israeli air force launched an attack on the house of Hamas’s commander for southern Gaza which resulted in the death of two civilians, one a child.


SOLIDARITY VISIT


A solidarity visit to Gaza by Egyptian Prime Minister Hisham Kandil, whose Islamist government is allied with Hamas but also party to a 1979 peace treaty with Israel, had appeared to open a tiny window to emergency peace diplomacy.


Kandil said: “Egypt will spare no effort … to stop the aggression and to achieve a truce.”


But a three-hour truce that Israel declared for the duration of Kandil’s visit never took hold. Israel said 66 rockets launched from the Gaza Strip hit its territory on Friday and a further 99 were intercepted by the Iron Dome anti-missile system.


Israel denied Palestinian assertions that its aircraft struck while Kandil was in the enclave.


Israel Radio’s military affairs correspondent said the army’s Homefront Command had told municipal officials to make civil defence preparations for the possibility that fighting could drag on for seven weeks. An Israeli military spokeswoman declined to comment on the report.


The Gaza conflagration has stoked the flames of a Middle East already ablaze with two years of Arab revolution and a civil war in Syria that threatens to leap across borders.


It is the biggest test yet for Egypt’s new President Mohamed Mursi, a veteran Islamist politician from the Muslim Brotherhood who was elected this year after last year’s protests ousted military autocrat Hosni Mubarak.


Egypt’s Muslim Brotherhood are spiritual mentors of Hamas, yet Mursi has also pledged to respect Cairo’s 1979 peace treaty with Israel, seen in the West as the cornerstone of regional security. Egypt and Israel both receive billions of dollars in U.S. military aid to underwrite their treaty.


Mursi has vocally denounced the Israeli military action while promoting Egypt as a mediator, a mission that his prime minister’s visit was intended to further.


A Palestinian official close to Egypt’s mediators told Reuters Kandil’s visit “was the beginning of a process to explore the possibility of reaching a truce. It is early to speak of any details or of how things will evolve”.


Hamas fighters are no match for the Israeli military. The last Gaza war, involving a three-week long Israeli air blitz and ground invasion over the New Year period of 2008-2009, killed more than 1,400 Palestinians, mostly civilians. Thirteen Israelis died.


Tunisia’s foreign minister was due to visit Gaza on Saturday “to provide all political support for Gaza” the spokesman for the Tunisian president, Moncef Marzouki, said in a statement.


The United States asked countries that have contact with Hamas to urge the Islamist movement to stop its rocket attacks.


Hamas refuses to recognize Israel’s right to exist. By contrast, Palestinian President Mahmoud Abbas, who rules in the nearby West Bank, does recognize Israel, but peace talks between the two sides have been frozen since 2010.


Abbas’s supporters say they will push ahead with a plan to have Palestine declared an “observer state” rather than a mere “entity” at the United Nations later this month.


(Additional reporting by Maayan Lubell, Jeffrey Heller and Crispian Balmer in Jerusalem; Writing by Jeffrey Heller; Editing by Giles Elgood)


World News Headlines – Yahoo! News



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