Tuesday, January 29, 2013

UK seeing 10,000 complaints on mis-sold insurance per week

LONDON (Reuters) - Britain's financial ombudsman service is receiving up to 10,000 new complaints about mis-sold loan insurance each week, pointing to a further rise in the compensation bill for banks.

Banks have already set aside 12 billion pounds to compensate customers wrongly sold policies meant to protect borrowers who lost jobs or became ill, and industry sources have told Reuters they expect the number to double.

The ombudsman service, which steps in when banks and their customers cannot reach an agreement, said it received more complaints between October and December alone than it had in any 12 month period between 2000 and 2010.

The latest data show an acceleration from the 5,000 complaints the service was receiving each week about mis-sold payment protection insurance (PPI) between April and September last year. The ombudsman said earlier in January it was taking on 1,000 new staff to cope with the increase.

If the current rate of complaints continues, the ombudsman said it will have received over 350,000 PPI complaints in the year ending March 2013, over double its original forecast of 165,000. It is currently upholding 62 percent of complaints in the customers favour, compared with 7 out of 10 previously.

PPI is the most complained about financial product ever in Britain, with the ombudsman receiving its 500,000 case last October. The second highest is mortgage endowments, about which 350,000 complaints have reached the ombudsman.

Britain's banks recently asked the FSA to consider setting a deadline for customers to claim compensation for mis-sold loan insurance amid fears about the uncertainty that the rising bill is creating for investors.

The British Bankers Association, a lobby group, approached the FSA about setting a deadline of April 2014 for customers to make claims. The FSA is currently considering the idea.

(Reporting by Matt Scuffham; Editing by Mark Potter)

Source: http://news.yahoo.com/uk-seeing-10-000-complaints-mis-sold-insurance-015440246--sector.html

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Monday, January 28, 2013

when a relationship becomes a friendship | Ashalah

posted by Ashalah on Life

5 comments

I was 21 when I got into my first real relationship. His name was Brian and while the details of our beginnings are hazy since I have a shotty memory, I remember him bringing me wine, chocolates?truly courting me in a way that I?d always imagined a guy would. We spent weekends together, went on vacations together, confessed our feelings during a sunset at my parents lakehouse in New Hampshire and fought loudly while cooking meals at his condo I moved into. When we ended three years later in a surprisingly mutual understanding, he was still my best friend. We had been through a lot, he knew me better than almost anyone ever had and it was hard to disconnect from that (had the breakup been another round of screaming, it might have been a different story). When we broke up we continued the friendship and while we?ve drifted apart?him living with his new girlfriend in Connecticut, and me in Boulder making bad decisions with my love life, we still email every couple months, acquaintances ?now but no hard feelings.

I?ve dated a lot of boys in the past six years since I?ve been single and I?ve walked away from a lot of them with barely a word said afterwards but there are a few that I?ve stayed friends with, that I thought were worth keeping in my life. After all, I had dated them for a reason and while it didn?t work out and I felt wronged at the time, it didn?t make them a bad person. There was something I liked about them as a person that made me pursue them (and allow them to pursue me) and I?ve always believed that relationships are built on strong friendships. And sometimes, the relationship part just doesn?t work but the friendship still does. Case in point: one of my very good friends Chad happens to be a guy I dated briefly when I first moved here. I was sad when it ended, I probably cried a lot since crying apparently is my thing, but we?ve stayed friends and now we go see movies, play puzzles, drink beer and bitch about our dating lives. I?m even trying to set up with another of my good friends, that?s how platonic this friendship is.

I even stayed friends with Daniel, an ex I wrote about on another blog, whom I had quite the tumultuous relationship with?a constant back and forth and with, I?m sure, both of us feeling like the other was treating us badly. The fact of the matter is that, despite all the sadness and anger and toxicity that was our relationship, we still had a mutual respect of the other and when I took off for Europe, he was my biggest supporter and cheerleader that what I was doing was something great. After two years, we were in a good place to become friends. He remains one of the most inspirational and motivated human beings that I have ever met and I?m proud to call him a friend. I?m pretty sure none of my friends who witnessed that drawn out relationship would have guessed that we?d be on good terms today and that I?d be genuinely happy that he is in a relationship that seems to make him really happy. Some people are just meant to be in your life, and sometimes that purpose isn?t always clear in the beginning.

This weekend, in two separate scenarios, I was basically told I was not normal because I was friends with my exes. One person was a friend, the other a complete stranger. They could not fathom why I would ever stay friends with an ex.?Totally understandable but it still struck me: I had never been considered not normal because of this before. If people commented on it, it was usually how admirable it was to foster these friendships, but they couldn?t do it themselves. It?s not like I?m friends with all my exes; certain ones I can?t be friends with and lately, to be honest, I find it harder and harder to maintain a friendship or even want to.

But not normal?

Am I really that big of an?anomaly? Is it really that weird that I stay friends with some of my exes??Where do you fall on this spectrum? Do you stay friends with someone you?ve dated or do you sever all ties, what?s done is done?

Source: http://ashalah.com/2013/01/when-a-relationship-becomes-a-friendship/

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Kenya elections observers to enhance transparency (The Arizona Republic)

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Sunday, January 27, 2013

Spotty Midwestern snow a mixed bag for businesses

TRAVERSE CITY, Mich. (AP) ? Just a week ago, things looked dire for Sarah and Tim Long, owners of Timbers Resort in Michigan's Upper Peninsula. Snow is their winter lifeblood, drawing outdoor sports enthusiasts from far and wide, yet the ground was bare.

Then came a desperately needed arctic blast. Suddenly the drifts were thigh-deep ? and snowmobilers were flocking to the mom-and-pop operation's cottages on the northern end of Lake Gogebic.

"Right now it's going very good. We're getting tons of snow," Sarah Long said Friday. But after losing nearly three weeks' worth of reservations and enduring a dismal season a year ago, she's not ready to declare the crisis over. "It's been pretty scary. Hopefully we can still recover."

The Longs' experience illustrates the increasingly fickle nature of winter in the Upper Midwest, where dry, mild weather is making life difficult for businesses that rely on abundant snow, from ski hills to plow trucks to taverns located near snowmobile trails. Even as icy temperatures gripped the region over the past week, snowfall remained spotty ? a feast in some locales, a famine elsewhere.

"This year and last year, there's been what we'd call a snow drought," said Jake Crouch, a climate scientist with NOAA's National Climatic Data Center in Asheville, N.C.

Even places with snow are getting less than usual. The Lake Superior shoreline city of Marquette, Mich., is nearly four feet off its usual pace. Total accumulations are below normal by 14 inches in Minnesota's Twin Cities, 4.5 inches in International Falls, Minn., and La Crosse, Wis., and 32 inches in Muskegon, Mich.

Chicago is more than 15 inches below normal and finally got an inch-deep layer Friday morning. It was the city's latest first snowfall of at least an inch since record-keeping began in 1884.

"This is the first time we've had a blade down this year," said Clara Mark, a dispatcher at Chicago Snow Removal Services, which plows parking lots at condominium complexes, strip malls and factories. "It's been rough. Last year was a bust, too. We only plowed three times."

Lack of snow has been fatal for some small businesses. Others are barely hanging on, reducing staff or cutting other expenses. Some resorts have begun offering winter activities that don't require snow, such as wine tasting and ice fishing. Diversifying helps, but there's no substitute for a powdery white landscape to draw tourists northward.

"If there's no snow on the ground, it's hard to get people fired up about winter activities," said Joy Van Drie, executive director of the Cadillac Area Visitors Bureau in Michigan's Lower Peninsula. "Our downhill ski resorts can make snow, but that doesn't help the businesses out in the rural areas that rely on snowmobile traffic ? the restaurants, the gas stations. It's killing them."

But in the eastern Upper Peninsula village of Strongs, tavern and motel owner Rex Hyrns had no complaints. His area is among those where conditions are normal. "Everything's beautiful, the trails are in good shape," he said.

Rhinelander, a small city in northern Wisconsin, is a popular winter destination because of its extensive trail network ? but not this year. Snowmobiles generally need at least 3 inches of packed snow. But with thinner layers in some places and brown spots elsewhere, trails are unusable.

Snowmobile sales and rentals have fallen about 30 percent at Shoeder's RV, Marine and Sport Center, sales manager Ken Brown said. Rebates and incentives offered by manufacturers are of little help.

"On a normal weekend, all 30 sleds are rented two to three weeks in advance," he said. "Right now the inventory is just sitting there."

Sparse snow has forced cancellation of the Langlade County Trailblazer Challenge Sled Dog Race in northeastern Wisconsin the previous two years, a blow to the local tourist industry. This month's scheduled running has been postponed until February ? assuming there will be enough snow.

In Minneapolis-St. Paul, snow removal company owner Kent Gliadon said his bottom line hasn't suffered too badly because he has contracts with apartment complexes and other clients who pay whether it snows or not. But subcontractors who mount plows on their trucks have no such protection. "That's the guy that's getting hurt," he said.

Steve Lashinski said snowmobile sales and rentals are down 50 percent at his shop in Grand Marais, Minn. "It hurts," he said.

But in the Boundary Waters Canoe Area, Hungry Jack Lodge owner Forrest Parson is breathing easier after getting some good snow last week. He still hasn't rented any snowmobiles but recently booked 10 cabin reservations. "Keep the fingers crossed," he said. "If the weather comes, the business comes with it."

It's not unusual for some sections of the Upper Midwest to get more snow than others. The region is known for "snow belts," particularly in Michigan, which lies in the path of frigid air masses from Canada that barrel across the Great Lakes, suck up moisture and deposit it as snow on the other side. But even some places accustomed to plentiful "lake effect" snow are running short.

"We used to be in the middle of the lake effect. Now we're on the southern cusp," said Van Drie, 40. "When I was a kid we'd have a ton of snow, but it's getting more and more sporadic. We're just not getting the winter."

Mike McGuire, general manager of a family resort in Cadillac, is among those resigned to the growing scarcity. He now offers sledding, hot tubbing and other activities that require less snow ? or none at all.

"Ideally, we'd have enough for snowmobiling, skiing and everything else," he said. "When you don't, you just have to be smarter."

___

Associated Press writers Amy Forliti in Minneapolis, Dinesh Ramde in Milwaukee and Tammy Webber in Chicago contributed to this story.

Source: http://news.yahoo.com/spotty-midwestern-snow-mixed-bag-businesses-173707752.html

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David Koechner Talks 'Anchorman 2,' New Web Series (VIDEO)

David Koechner chatted with HuffPost Live on Friday to discuss his new web series "Full On Koechner," a new show from YouTube's comedy channel Official Comedy.

While on the air, he chatted with host Abby Huntsman and HuffPost Comedy deputy editor Ross Luippold about his career in comedy, and gave a few updates on the much-anticipated sequel to "Anchorman," in which he will reprise the role of crass sportscaster Champ Kind.

Check out the clip above for a segment of the interview. Then, click over to HuffPost Live to see the whole thing.

Also on HuffPost:

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Source: http://www.huffingtonpost.com/2013/01/26/david-koechner-talks-anchorman-2-new-web-series_n_2558368.html

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First Patriot missiles to defend Turkey against Syria go active

ADANA, Turkey (Reuters) - The first of six Patriot missile batteries being sent by NATO countries to defend Turkey from possible attack from Syria went operational on Saturday.

The United States, Germany and the Netherlands are each sending two batteries to Turkey and up to 400 soldiers to operate them after Ankara asked NATO for help. The Patriots are capable of shooting down hostile missiles in mid-air.

The frontier has become a flashpoint in the 22-month insurgency against President Bashar al-Assad, with Syrian government shells frequently landing inside Turkish territory, drawing a response in kind from Ankara's military.

"Behind us there is the first NATO Patriot battery in Turkey which is operational at the moment. That means that it is up and running. It is under NATO command and control," said Polish Army Lieutenant Colonel Dariusz Kacperczyk, NATO spokesman for the Patriot deployment.

A battery sent by the Netherlands, consisting of five missile launchers, has been deployed next to an airport on the edge of Adana, a city of around 1.6 million 120 km (75 miles) from the Syrian border. A second battery of seven launchers is at a U.S.-Turkish air base east of the city.

At Adana airport, the truck-mounted launchers were raised in the air, pointing at Syria.

"Think of it as a bullet being fired from one side and we have got a fierce bullet that shoots down the other bullet," said Lieutenant-Colonel Marcel Buis, commander of the Dutch Patriots.

The batteries are being stationed around three southeastern Turkish cities and NATO says they will protect 3.5 million Turks from missile attack. All are expected to be in place and operational by the end of January.

Tensions have increased in recent weeks after NATO said it had detected launches of short-range ballistic missiles inside Syria, several of which have landed close to the Turkish border. Turkey has scrambled warplanes along the frontier, fanning fears the war could spread and further destabilize the region.

Syria has called the deployment of the Patriot batteries "provocative" while Iran and Russia, which have supported Syria throughout the uprising, have criticized NATO's decision, saying the Patriot deployment would intensify the conflict.

Turkey and NATO have strongly denied the Patriot missiles are a precursor to a no-fly zone that Syrian rebels have been requesting to help them hold territory against a government with overwhelming firepower from the air.

All six Patriot batteries will be connected directly to allied air command in Ramstein, Germany.

The Ramstein command and control center receives intelligence on missile firings in Syria and will alert the Patriot batteries to any missile launch. The Patriot batteries will then watch the arcs of the missiles and react if they threaten a Turkish city.

(Writing by Jonathon Burch; editing by Andrew Roche)

Source: http://news.yahoo.com/first-patriot-missiles-defend-turkey-against-syria-active-141509172.html

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Texting boyfriend while walking a bad idea, soggy newscaster discovers

YouTube

Laura Safe, texting her boyfriend, just before she made her big splash.

Generally speaking, those who report the news try to avoid being ... well, the news. But sometimes accidents happen?? like in the case of?a radio newscaster who walked directly into a canal while texting her boyfriend.

"Oh dear. I should really be called Laura UNsafe after the day I've had!" tweeted Laura Safe, a newscaster for UK-based music radio station Capital FM, about a week ago.?It didn't take long for the world to discover why Safe was feeling dangerous, because her colleagues were more than happy to make the details of her morning part of a segment.

"Poor Laura Safe. All she wants to do is read the news. And this morning, all we wanted to do is take the mickey," a note on the Capital FM website explained on the day of the incident. "The canal was icy, she was texting ... it was the weather's fault really."

Holding nothing back, whoever wrote that note even finished it with a flourish: "Ahahahahahahahahahaha!"

"I thought there was pavement ahead of me, I could see it out of the corner of my eye," Safe said during a segment on Capital FM's Capital Breakfast show. After viewing?CCTV footage acquired by the Telegraph, we find this to be an almost reasonable explanation. The canal running through?the Mailbox ??the Birmingham shopping center in which Safe had her stumble?? is at the bottom of a set of stairs, with no guardrail of any sort preventing someone, such as a distracted newscaster, from walking directly into it. We wouldn't be surprised if it did indeed look as if it was merely a walking area, if it happened to be frozen over and one wasn't really looking ahead.

Excuses and theories aside, Safe was quite lucky.?Neil Edginton ??managing director at property development group EDG Property, who coincidentally?was part of the team?behind the creation of the Mailbox and its odd layout?? happened to witness her accident.

"Slightly wet, as just had to pull someone out of canal! Walking towards me on their phone, straight into the water! #splash," Edginton tweeted shortly after pulling Safe out of the water. He'd tried to warn her right as she was taking the final step into icy doom: He shouted "Nooooooooooooo!"

As much fun as Safe's colleagues and other reporters appear to be having while covering her accident, distracted walking isn't really a joking matter. In 2008, the American College of Emergency Physicians warned of rising reports involving oblivious texters, with injuries involving text-messaging pedestrians, bicyclists, and even horseback riders.?

More recently, we've seen plenty of individuals endanger themselves by using their cellphones while walking. In January 2011?a woman fell into a water fountain while walking through a mall and text messaging. Video footage of the accident?was posted to YouTube and quickly made its rounds on the Internet.?In April 2012, a Califonia-based man nearly walked directly into a bear because he was distracted by his cellphone.?In August 2012, footage of an earlier incident in which a man stumbled right off a plain platform while focused on his phone circulated on the Internet.

In April 2012, October 2012, and January 2013, this reporter managed to bruise her knee on a desk corner because of a distracting text message. She is considering changing desks.

Want more tech news?or interesting?links? You'll get plenty of both if you keep up with Rosa Golijan, the writer of this post, by following her on?Twitter, subscribing to her?Facebook?posts,?or circling her?on?Google+.

Source: http://digitallife.today.com/_news/2013/01/25/16697001-texting-boyfriend-while-walking-a-bad-idea-soggy-newscaster-discovers?lite

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