What to do with your tax refund

Taxes » Tax Refund » 4 Options For Your Tax Refund

Every year, you swear you’re going to save at least some of your tax refund. Every year, you end up spending every last cent.

Uncle Sam wants to help. He’s letting you directly deposit your refund money into up to four accounts. You can have a portion of the refund sent to your checking account to help you pay bills, another amount directed to savings, a third chunk of cash sent straight into your individual retirement account and use up to $ 5,000 in tax refund money to purchase savings bonds.

The option to send your tax refund directly to several accounts was prompted by the increasing popularity of direct deposit.

Since direct deposit of tax refunds was introduced in 1987, it’s become one of the Internal Revenue Service’s most popular innovations.

Direct deposit of federal tax refunds in 2012

• 82.8 million returns.


• $ 247.2 billion in refunds.


• $ 2,985 average direct deposit refund amount.

You still can choose to have your entire refund sent to just one account. That option remains on the 1040EZ, 1040A and 1040. It’s also available on 1040s filed by nonresident and Puerto Rican taxpayers, as well as self-employed taxpayers who must file the 1040-SS.

But now on each of those forms, if you want to divide your refund into multiple accounts or buy savings bonds, you’ll have to send along Form 8888, Allocation of Refund, with your individual return.

Mind these important details

It’s not a difficult process or form. If you’ve used the single account direct deposit option before, there’s nothing to worry about other than the number of accounts you can enter.

Even if this is your first year to have your refund money sent electronically to a bank account, the directions are clear, and Form 8888 includes a blank check diagram showing you exactly what to look for and enter. But there are some things you need to pay attention to or your good deposit intentions could go astray.

First, be sure to check the box on your Form 1040 that indicates you are splitting up your refund. It will let the IRS know you want your money sent to multiple accounts and that agency employees need to look to your Form 8888 for details. The check box is on each of the various 1040 forms, just above where you would enter information if you were sending the money to just one account.

And about that 1040 section for a single direct deposit: Leave it blank. If you complete the account information on your main return, don’t be surprised if the IRS then sends all your refund money to that one account.

Instead of using your 1040 form, you’ll enter all your multiple account information on Form 8888.

Choose 1, 2 or 3 accounts

The form has room for three accounts, but that doesn’t mean you have to choose that many.

If you want your IRS cash deposited in only two accounts, that’s fine. All you have to do in this case is simply enter account information for the pair on Form 8888.

And if you’re happy with your refund going to one, just enter that single account info in the appropriate section on your Form 1040.

Married couples can ask the IRS to directly deposit a refund on a joint return into individual accounts held by either partner or one held in both names. However, do verify that your financial institution will accept a joint refund sent to an individual account.

You do have to receive a minimum refund amount to use the split deposit option. But when the IRS says minimum, in this case, it means minimum.

As long as you request that at least $ 1 go directly into each account, the IRS will follow your instructions. So if your refund is $ 3, you can have one buck each sent to three accounts.

Savings bonds steps

Part II of Form 8888 is for the purchase of Series I bonds with tax refund money. Taxpayers who opt to buy these inflation-adjusted bonds — the interest rate is adjusted each May 1 and Nov. 1 — also have a choice of bond ownership.

You can purchase up to $ 5,000 in bonds. The only requirement is that the amount be a multiple of $ 50. For example, if your refund is $ 570, you can use up to $ 550 to buy bonds. Then you must select an account into which the IRS will directly deposit the remaining $ 20.

Different amounts to different accounts

There’s no requirement that you divide your refund equally among your accounts. If you’re getting back $ 1,000, you can send $ 900 to savings, $ 99 to a money market account and $ 1 to checking. Basically, as long as an account has a routing number, the IRS can send the money there directly.

But for any tax refund to go into an account, the money must be held in a U.S. financial institution, such as a bank, mutual fund, brokerage firm or credit union. And make sure the institution accepts direct deposits. Most do, but check just in case. A bank, for example, may accept direct deposits for regular savings accounts, but not for education savings accounts.

Also ask your financial institution about fees associated with electronic transactions. Again, that’s generally not a problem with deposits, but you don’t want any unpleasant surprises when you’re expecting your tax refund. If your bank does refuse a direct deposit, the IRS will send you that refund portion as a paper check.

In addition to standard checking and passbook savings accounts, you can send your refund directly to other financial instruments. Examples include money market accounts; health savings accounts, or HSAs; Archer medical savings accounts, or MSAs; and Coverdell education savings accounts.

Watch out for potential IRA snafus

You can, though, direct your refund or a part of it to an individual retirement account, either a traditional account, a Roth IRA or, if you’re self-employed, a SEP IRA. But there are some details you need to consider.

First, set up your retirement account before you request the direct deposit to it, and let your IRA trustee know that the IRS will be transferring money into that account.

Also, be sure to tell your IRA trustee what tax year you want the refund deposit applied toward, because the transaction from the IRS won’t indicate that. If you don’t designate whether the refund is for a 2012 or 2013 contribution, the trustee can assume the deposit is for this year. That could pose a problem if you counted the refund deposit as a 2012 contribution and claimed a deduction for it.

If you are using the refund as a prior year contribution, also make sure you file early enough so that it’s directly deposited into your IRA by the April deadline.

It usually takes around two weeks for an e-filed direct deposit to be completed, but don’t run up too closely against the due date. If the money shows up in your account a day after the deadline, it will be counted as a 2013 contribution. Such bookkeeping differences could force you to refigure your tax bill and refund amount on an amended return.

More From Bankrate.com

Yahoo! Finance – Personal Finance

Title Post: What to do with your tax refund
Url Post: http://www.news.fluser.com/what-to-do-with-your-tax-refund/
Link To Post : What to do with your tax refund
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment

Read More..

Stock index futures signal higher open

PARIS (Reuters) - Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.07 percent, Dow Jones futures up 0.08 percent and Nasdaq 100 futures up 0.03 percent at 03.44 a.m. EST.

European stocks fell, reversing Friday's rebound as simmering worries over Spain and Italy continued to spook investors. <.eu> Most Asian bourses, including those in Japan, China, Hong Kong, Singapore and South Korea, were closed for the Lunar New Year holiday.

US Airways Group Inc and AMR Corp are nearing an $11 billion merger that would create the world's largest airline and could announce a deal within a week, after resolving key differences on valuation and management structure, people familiar with the matter said.

Google Inc Executive Chairman Eric Schmidt is selling roughly 42 percent of his stake in the Internet search company, a move that could potentially net the former chief executive a $2.51 billion windfall.

Three of Dell Inc's largest investors joined Southeastern Asset Management on Friday in objecting to a $24.4 billion buyout of the No. 3 PC maker led by Chief Executive Michael Dell, sources said, as opposition grows to the largest buyout since the start of the financial crisis.

Boeing Co completed what it called an uneventful flight on Saturday of a test 787 Dreamliner, its first since the airplanes were grounded more than three weeks ago after a series of battery-related problems.

Apple Inc. is experimenting with the design of a device similar to a wristwatch that would operate on the same platform as the iPhone and would be made with curved glass, the New York Times reported on Sunday.

The Nasdaq composite stock index closed at a 12-year high and the S&P 500 index at a five-year high, boosted by gains in technology shares and stronger overseas trade figures.

The Dow Jones industrial average <.dji> ended up 48.92 points, or 0.35 percent, at 13,992.97. The Standard & Poor's 500 Index <.spx> was up 8.54 points, or 0.57 percent, at 1,517.93. The Nasdaq Composite Index <.ixic> was up 28.74 points, or 0.91 percent, at 3,193.87, its highest closing level since November 2000.

(Reporting by Blaise Robinson; editing by Patrick Graham)

Read More..

Michigan, Kansas go down as run continues

There goes another one, and another one.

No. 3 Michigan, fifth-ranked Kansas and No. 11 Louisville all lost on Saturday, continuing a perilous stretch for the Top 25.

The Wolverines became the third top-three team to fall this week when Ben Brust hit a tiebreaking 3-pointer with less than 40 seconds left in overtime, leading Wisconsin to a 65-62 victory. Brust also tied the game at the end of regulation with a heave from just inside halfcourt.

That's just the way it has gone lately for the top of the poll.

No. 2 Florida lost at Arkansas on Tuesday night, and No. 1 Indiana dropped a 74-72 decision at Illinois on Thursday. This should be the sixth straight week with a different No. 1 in The Associated Press' Top 25, which would be the second-longest streak since the first AP poll in 1949.

The Jayhawks have dropped three straight games for the first time in eight years after they lost 72-66 at Oklahoma.

"It hasn't been a good week for us by any stretch, but let's be real," Kansas coach Bill Self said. "We were ranked No. 2 in the country seven days ago, and you don't go from being a good team to a bad team overnight.

"We've had a couple of bad outings, but we're still a good team."

The current string of No. 1 swapping is the longest since 1994, when Arkansas, North Carolina, Kansas, UCLA and Duke alternated at the top seven straight weeks — the longest streak since Saint Louis debuted as No. 1 in the initial AP poll.

But it isn't just the teams at the top that are having trouble. Top 25 teams all over the country are getting knocked off by unranked opponents.

According to STATS LLC, Top 25 teams lost to unranked teams 36 times from Jan. 17 to Feb. 6 this season, most in at least 17 years.

Louisville lost 104-101 in five overtimes at No. 25 Notre Dame on Saturday night. It was the longest regular-season game in Big East history.

The Irish trailed by eight with 46 seconds left in regulation.

Read More..

China needs smog-free air in a can

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

Hazardous smog over Beijing

<<

<

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

>

>>

STORY HIGHLIGHTS

• This year has been one of the worst for air quality in China


• Residents have termed the smog event the "air-pocalypse"


• John Sutter says the country should pass a Clean Air Act


• It's a matter of human rights and public health, not image

Editor's note: John D. Sutter is a columnist for CNN Opinion. He heads the section's Change the List project, which focuses on human rights and social justice. E-mail him at CTL@CNN.com.

(CNN) -- Air pollution in China has gotten so bad lately that one environmentalist's wacky idea for a solution doesn't seem all that far-fetched: putting clean air in a can.

Last week, when a thick gray haze blanketed Beijing and several other Chinese cities, sending kids to the hospital, grounding planes and causing the government to order cars off the road, Chen Guangbiao took to the streets in Beijing to hand out yellow and green cans of smog-free, non-carcinogenic air.

"Free fresh air. Open it and drink it and breathe it!" the Guardian quoted the multimillionaire and national celeb as saying. "It keeps you fresh the whole day!"

Ego aside (the bright cans feature an image of Chen's face and the words "Chen Guangbio is a good man" on them), the clever, political stunt is just the sort of thing that China needs these days. Such creative and public protests should help push forward much-needed national reforms to combat air pollution in the country.

A "Clean Air Act" for China is long overdue.

John D. Sutter

And the recent "air-pocalypse," as the suffocating air pollution that hung over several Chinese cities in January has been termed, should be more than enough proof of that.

The pollution during the 2013 Great Smog of China was so thick last month that it was visible from space (from space!). Breathing in Beijing was "akin to living in a smoking lounge," according to an analysis from Bloomberg. Air quality readings literally were off the charts. An index reading below about 50 is considered healthy. Readings for Beijing in January hit 500, the top of the index, and went higher than 700, according to the U.S. Embassy.

"The air has this kind of greenish-gray pallor to it. And it smells like you're standing next to a chemical plant, really chlorine-y," said David Pettit, a senior attorney at the Natural Resources Defense Council, an environmental group. "It's an awesomely bad smell."

He was telling me about Beijing air on a normal day.

"I'm standing outside my office building but am unable to see its top," one Beijing resident said, according to China's state news agency, Xinhua.

"The new normal in Beijing is sending your kids to school wearing gas masks ..." Christina Larson wrote in Bloomberg Businessweek.

Fixing China's air pollution is not just about the country's image or economy, although those certainly suffer because of smog, too. It's about the right of all humans to walk outside and breathe in air that won't choke them or make them sick.

The AFP reports hospital visits for respiratory problems were up 20% during the air-pocalypse. Last year, small particle air pollution, called PM2.5, in four major Chinese cities resulted in 8,572 premature deaths, according to a December study by Greenpeace East Asia and Peking University's School of Public Health.

Similar deaths can and should be prevented.

And I'm optimistic they will be. For several reasons.

The first is history. It wasn't all that long ago, in 1952, that the "Great Smog" covered London in gray, sooty pollution, resulting in an estimated 4,000 premature deaths.

The government reacted by passing sweeping reforms.

Now London is known for its real fog, not smog.

Air pollution in Los Angeles was handled in a similar fashion.

After the city's car culture created a smog problem, scientists started researching protective helmets to protect people. Others wore gas masks. But, eventually the government took action to reduce the pollution. California led the way for the nation, and in 1963, the United States passed the Clean Air Act.

That law is credited with preventing 205,000 premature deaths, 843,000 asthma attacks and 18 million child respiratory illnesses in 1990, based on the first 20 years of the law.

These changes took time. And it's unfortunate that things had to get bad before they could get better. But China, like others, is finally realizing that its air really is that bad.

Its own people are calling for the change and more vigorously than before.

More than 200 students at a Beijing high school school signed a petition asking the city to "amend air quality regulations and take specific emergency measures," according to Calum MacLeod from USA Today. And on Weibo, China's version of Twitter, Pan Shiyi, a real estate magnate, called for the country to adopt its own Clean Air Act. When he posed the idea to his 14 million Weibo followers in an online poll, nearly all of the 50,000-some people who responded said they supported that type of national legislation.

Maybe that's just one man's social media feed. But there's a history of this kind of thing working in China. In 2011, Pan successfully used his online network to press Beijing authorities to report more smog data, according to the Wall Street Journal's China blog.

It's clear the government has taken notice this time as well. Beijing implemented several emergency measures to curb smog. State media is talking about the pollution.

After speaking with a few experts, it seems clear what needs to be done: China has to reduce its reliance on coal, increase renewable energy, regulate the amount of smog-causing sulfur that can go into its diesel fuel and increase vehicle efficiency.

"It's not rocket science," said Pettit, from NRDC.

There will, of course, be costs and significant challenges. China burns "nearly as much coal as the rest of the world combined," according to a recent report from the U.S. Energy Information Administration. Beijing catches so much of the pollution from coal-burning power plants because it sits at the center of a ring of mountains, which help trap the smog. Throw a bunch more cars into the mix, 13 million of them were sold in China last year, according to IHS Automotive and the problems start compounding.

Fixes may be expensive, but the United States has made the compelling case that the costs of enforcing clean air regulations are offset by gains in health and worker productivity. China, which does have some air quality regulations, already seems to be realizing this. The country on Wednesday announced stricter fuel standards that go into effect by the end of 2014 for diesel and 2017 for gas, according to the Financial Times. An environmental official, Wu Xiaoqing, also told state media this week that "China will formulate regulations, standards and policies to reduce air pollutants and control coal burning."

The energy industry estimates it will costs billions for China to meet tougher fuel standards. It may be up to people like the artist Ai Weiwei, who posed in a photo wearing a gas mask, and Chen, the man who's peddling cans of clean air, to ensure that the public and the government see that clean air is worth the cost.

"I want to tell mayors, county chiefs and heads of big companies: Don't just chase GDP growth, don't chase the biggest profits at the expense of our children and grandchildren, and at the cost of sacrificing our ecological environment," Chen told Reuters.

If Chinese leaders don't want to drink air from a can, they should listen.

Follow us on Twitter @CNNOpinion.

Join us on Facebook/CNNOpinion.

The opinions expressed in this column are solely those of John D. Sutter.

Read More..

France’s Renault recalling over 60,000 cars in China: Xinhua

BEIJING (Reuters) – French carmaker Renault (RENA.PA) has started recalling over 60,000 cars exported to China due to problems with their fuel level sensors, state news agency Xinhua quoted the Chinese consumer watchdog as saying.

Renault’s China unit this week started recalling 61,508 Koleos sport utility vehicles produced between Dec 16, 2008 and July 10, 2012, Xinhua quoted the General Administration of Quality Supervision, Inspection and Quarantine as saying on Saturday.

The cars have faulty fuel level sensors that display incorrect fuel levels on their dashboards, the watchdog said. Renault will change the sensors for free, it said.

The watchdog’s website showed Renault’s vehicle recall was announced on Feb 6, the second in two months. Renault had recalled 5,097 Koleos cars in January due to welding problems, the watchdog’s website showed.

Like other European carmakers, Renault is struggling with swollen inventories owing to weak demand in Europe and wants to gain a foothold in China, the world’s largest auto market and where it lags rivals including Volkswagen (VOWG_p.DE).

Besides expanding its Chinese sales network, Renault also wants to build cars in China.

(Reporting by Koh Gui Qing; Editing by Michael Perry)

International News and Information on Yahoo! Finance

Title Post: France’s Renault recalling over 60,000 cars in China: Xinhua
Url Post: http://www.news.fluser.com/frances-renault-recalling-over-60000-cars-in-china-xinhua/
Link To Post : France’s Renault recalling over 60,000 cars in China: Xinhua
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment

Read More..

Northeast storm disrupts travel for sports teams

Several professional and college sports teams were forced to rearrange their travel plans as a massive storm swept through the Northeast, dumping a few feet of snow in some areas.

The NBA's New York Knicks were stuck in Minnesota after playing the Timberwolves on Friday night, hoping to try to fly home sometime Saturday. The San Antonio Spurs were also staying overnight in Detroit after seeing their 11-game winning streak fall to the Pistons, awaiting word on when they might be able to fly to New York for their game Sunday night at Brooklyn.

"We can't get there tonight — we know that," Spurs coach Gregg Popovich said. "So we're going to stay here tonight and try to get there (Saturday). Hopefully, we will be able to get there, but at this point, we don't know."

Airlines canceled more than 5,300 flights through Saturday, and New York City's three major airports and Boston's Logan Airport closed.

The Brooklyn Nets planned to take a train home instead of flying from Washington D.C. after losing to the Wizards on Friday night.

Knicks coach Mike Woodson said before a 100-94 victory that his team initially planned to fly home after the game, but the flight had already been postponed. New York is scheduled to play the Los Angeles Clippers at Madison Square Garden on Sunday.

The NHL's Boston Bruins pushed back the start of Saturday's game against the Tampa Bay Lightning by six hours because of the blizzard. The game originally slated for 1 p.m. was rescheduled for 7 p.m., but Boston was expected to be one of the cities hit hardest by the storm.

The storm had dumped more than 2 feet of snow on New England by early Saturday and knocked out power to 650,000 customers. The National Weather Service said up to 3 feet of snow is expected in Boston, threatening the city's 2003 record of 27.6 inches.

The Bruins and Lightning each already had road games scheduled for Sunday night.

The New Jersey Devils were still scheduled to host the Pittsburgh Penguins at 1 p.m., while the New York Islanders were slated to play at home against the Buffalo Sabres at 7 p.m.

Two Ivy League men's college basketball games that were scheduled for Saturday night were moved back to Sunday because of treacherous travel conditions.

Dartmouth will play at Cornell at noon on Sunday in Ithaca, N.Y., and Harvard will visit Columbia at 2 p.m. Sunday in New York. Dartmouth played at Columbia on Friday night, and Harvard played at Cornell. Two other Ivy League games were still scheduled to be played Saturday night, with Yale visiting Princeton and Brown playing at Pennsylvania.

Aqueduct also called off Saturday's card because of the storm. The track and Belmont Park were expected to remain open for wagering on out-of-town races, with racing scheduled to resume Sunday.

Read More..

How Obama can end Congo conflict

Conflict in Congo

Conflict in Congo

Conflict in Congo

Conflict in Congo

Conflict in Congo

STORY HIGHLIGHTS

• President Obama can help end the Congo conflict for good, says Vava Tampa


• Obama has asked Rwanda to end all support to armed groups in the Congo


• FDLR militia gang is a threat to stability and must leave Congo


• Obama must push for change in Congolese government, argues Tampa

Editor's note: Vava Tampa is the founder of Save the Congo, a London-based campaign to tackle "the impunity, insecurity, institutional failure and the international trade of minerals funding the wars in Democratic Republic of the Congo." Follow Vava Tampa on twitter: @VavaTampa

(CNN) -- Now that President Obama has taken a public stand on the warlords and militia gangs tyrannizing DR Congo, there is a sense that the next chapter in the human tragedy that has been raging there over the past decade and half is about to be written -- or so we can hope.

In the DRC -- Africa's largest sub-Saharan country -- invasions, proxy wars and humanitarian crises have senselessly shut down millions of lives, displaced millions more from their homes and left countless women and young girls brutally raped with the world barely raising an eyebrow.

The latest murderous attempt by the M23 militia gang to besiege Goma, the strategic regional capital of Congo's eastern province of North Kivu, seems to have backfired.

Vava Tampa

The United Nations says Rwanda has helped to create and militarily supported M23. Although Rwandan President Paul Kagame denies backing M23, the accusation has taken off some of the international gloss he had long enjoyed in the West, and precipitated cuts and suspension of aid money that goes directly to the Kagame regime by the Netherlands, Sweden, Germany, Britain and the European Union.

The United States, which gives no money directly to the Rwandan government, suspended its military aid. In a baffling expression of a refinement of the U.S. position, President Obama made a rare telephone call to Kagame to emphasize "the importance of permanently ending all support to armed groups in the DRC." That set a firm red line on the situation in that region, the first one by President Obama since becoming president in 2008.

Watch video: Kagame on Congo

This was certainly right and good. Kagame is no fool; the diplomatic but emphatic content of that telephone call, monitored by White House's National Security staff and published thereafter for public consumption, speaks volumes. He clearly understood the implicit threat. But it was not good enough.

Left unsaid is that withholding aid money that goes directly to the Kagame regime has not changed many realities on the ground -- a painful reminder of the limits of what previous half-hearted, ambivalent international attempts to halt the crisis in that country had achieved.

However, the situation is not hopeless. President Obama can help to halt the wars engulfing the Congo. It is both economically and politically affordable.

Here is my suggestion -- a three-point road map, if you like, for President Obama, should he choose to put the weight of the United States squarely on the side of the Congolese and engage much more robustly to help end the world's bloodiest war and human tragedy.

Read more: Why the world is ignoring Congo war

1. Changes in Kinshasa

If we are to be blunt with ourselves, Congo's major problem today -- the chief reason that country remains on its knees -- is its president Joseph Kabila. Paul Kagame is just a symptom, at least in theory.

The crisis of leadership in the capital Kinshasa, the disastrous blend of lack of political legitimacy and moral authority, mixed with poor governance and vision deficiency, then compounded with dilapidated state institutions, has become the common denominator to the ills and wrongs that continues to overwhelm the Congo.

In other words, peace will never be secured in Congo, if the moribund status quo is still strutting around Kinshasa.

Obama's minimum objective in regard to ending the wars and human tragedy engulfing the Congo should be to push for changes in Kinshasa. He must make this one of the "10 Commandments" of the Obama Doctrine.

Circumstances demand it to re-energize Congo's chance of success and to enable the renaissance of a "New Africa." And given the effects of Congo's mounting death toll and the speed at which HIV/AIDS is spreading because of the use of rape as a weapon of war, the sooner the better.

2. Keep Kagame in the naughty corner

The wars and human tragedy engulfing the Congo have many fathers and many layers. Rwanda, and to some extent Uganda -- run by Africa's two dearest autocratic but staunchly pro-American regimes -- are, as they have been many times in the past, despite their denials, continuing to provide support to warlords and militia gangs terrorizing the Congolese people.

This is not an apocryphal claim, it's an open secret in Kinshasa, Kampala and Kigali as much as it is in Washington or White Hall, and as real as Charles Taylor's role in Sierra Leone or Iran's support to Hezbollah.

If President Obama is remotely serious about saving lives in Congo, then fracturing Rwanda's ability to directly or indirectly harbor warlords ... is critical.
Vava Tampa, Save the Congo

Indeed, reporters across Congo and across the region would testify to this. Kigali has been, one can safely argue, the sole shareholder in the M23 militia gang -- and its elder sisters CNDP and RCD-Goma.

It cannot wash its hands in Pontius Pilate fashion of either the ICC-wanted M23 warlord Bosco Ntaganda, also known as The Terminator, or Laurent Nkunda, who is wanted by the Congolese government for war crimes and is under house arrest in Kigali.

Read more: Prosecutor seeks new Congo war crimes warrants

If President Obama is remotely serious about saving lives in Congo, then fracturing Rwanda's ability to directly or indirectly harbor warlords, support militia gangs, militarize or ethnicize the wars in Congo for control of Congo's easily appropriable but highly valuable natural resources is critical, however politically disgruntling it may be to some in the State Department.

It would reduce the scale, scope and intensity of the killing, raping and uprooting of the Congolese, it would crush Kinshasa's ability to use external support to warlords and militia gangs as an alibi for a lack of progress and, above all, decrease the growing unease of the Congolese towards Rwanda over the crimes of FDLR and the role played by their government in Congo.

3. FDLR

The continued existence in Congo of FDLR, a Rwandan militia gang made up largely of Hutus -- whose leadership took part in the 1994 genocide of Tutsi -- remains one of the most persistent and serious threats to stability in Congo and the region.

Addressing this crisis is of significant importance from both a political and humanitarian viewpoint.

Though there are no definitive statistics on the exact numbers of FDLR fighters, the good news is that experts tell us that the vast majority of its rank and file are in their 20s and early 30s, which means they were too young to have taken part in the genocide in 1994.

The United States, together with the U.N., the EU and African Union, should appoint a special envoy for the African Great Lakes region to midwife a conducive political arrangement in Kigali that could see them returning home -- and see their leaders and fundraisers in Europe arrested.

The opinions expressed in this commentary are solely those of Vava Tampa.

Read More..

To Cure a Hangover, Hang an IV Bag

In the words of every person who’s ever had too much to drink: Hangovers are the worst. They also cost a lot of money. The U.S. Centers for Disease Control and Prevention estimates that the economy suffers about $ 161 billion a year in lost productivity from people who are too hung over to do their jobs. People like Michael Thorns, a fundraising officer for the University of Essex, in Colchester, England, who was once so hung over he fell asleep in a training meeting with his manager. Oscar Madrigal, a call center supervisor in Costa Rica, came to work still drunk from a Super Bowl party and couldn’t remember his computer password—so he took a nap for six hours. As Oscar Wilde put it, “Work is the curse of the drinking classes.”

Dr. Jack Dybis, a 45-year-old trauma surgeon at Evanston Hospital near Chicago, is out to end the curse, one overserved soul at a time. Two months ago, Dybis opened Revive, a hydration clinic that claims to be able to cure lingering jet lag or a wicked hangover by hooking patients up to a rehydration IV. “It’s a well-known trick among doctors and paramedics,” says Dybis. When he was younger, he and his friends sometimes used IV bags to help them get through 36-hour rotations at the hospital. “We put nails in the wall over our beds so we could hang an IV bag whenever we needed one,” he says. Most IV solutions are nothing but saline and vitamins. At Revive, Dybis can add nausea or headache medicine, depending on your needs. The whole process takes less than an hour and costs $ 99.

Revive isn’t the first hangover cure in a bag. Dr. Jason Burke, an anesthesiologist, does the same thing out of a bus on the Las Vegas Strip. Burke’s business, Hangover Heaven, recently started making house calls to hotel rooms; over New Year’s Eve weekend he served 80 clients (his prices range from $ 99 to $ 199), including one guy who puked 25 times. “Then there was the woman who showed up at 2 p.m. sick on cheap Chardonnay,” says Burke. “She was throwing up uncontrollably but wanted to be able to eat dinner at Craftsteak with her husband.” Burke worked his magic, and the woman ate her steak.

A hangover cure that actually worked sounded too good to be true and begged a rigorous investigation. Someone needed to get drunk—and that someone was me. I organized a team consisting of a photographer named Ryan, some of Ryan’s pals, and my high school friend Julia, who provided useful commentary: “This is much more fun than the time we mixed gin with Diet Sprite in your parents’ basement.”

We started the evening at Scofflaw, a craft cocktail lounge where every drink contains at least seven ingredients, none of which are Diet Sprite. At one point we did shots of something called Malört, which sounds like a Harry Potter villain but is actually a bitter wormwood liquor that’s made and sold only in Chicago. “I like it because it tastes like a bunch of chemicals I’m not supposed to drink,” said Matt, Ryan’s roommate. Then Matt and Ryan suggested we go to a Goth club. Under Malört’s spell, this sounded like a great idea.

Photograph by Ryan Lowry for Bloomberg BusinessweekShots for everyone at Scofflaw

It was a terrible idea. The next morning, the Malört and the Goth club, plus my workweek exhaustion and a slight cold, all left me feeling, on a scale from 1 to 10, like I wanted to die. I hadn’t eaten much dinner, and I’d forgotten to drink water before bed—two things Dr. Michael Oshinsky, a hangover headache researcher at Jefferson Medical College in Philadelphia, recommends as preventives. Oshinsky explains that I felt so horrible because my liver had converted the alcohol into a toxin called acetaldehyde, which has been linked with nausea and other hangover symptoms, and then into acetate, which causes headaches. “But alcohol is also a diuretic, so on top of that you’re dehydrated, and you lose electrolytes,” he says.

Photograph by Ryan Lowry for Bloomberg BusinessweekPulling a Lindsay Lohan

I crawled over to Revive, where Dybis had me fill out some paperwork and asked questions about my medical history, such as “You don’t have any kidney problems, right?” One nurse took my blood pressure while another, Samantha, assured me that injecting myself with a giant bag of fluid wasn’t a big deal. “I did it last week when I was hung over,” she said. “You’ll feel great afterward. But you’ll have to pee a lot.”

The nurses put a needle in my arm and hooked up the IV bag while Dybis explained what he’d prescribed. He crafts each solution to fit the patient’s needs and had ordered me up a standard saline mixture full of potassium, vitamin C, and calcium, along with an anti-inflammatory drug called Toradol—a favorite of National Football League players—that promised to relieve my headache. Dybis also gave me a dose of vitamin B, which turned the IV bag bright yellow. “You may start to taste the vitamins in your mouth,” Dybis warned. Within a minute, I felt like I was licking a large One A Day.

Photograph by Ryan Lowry for Bloomberg BusinessweekThe IV goes in at Revive

The nurses moved me to a secluded room with lounge chairs, blankets, magazines, mint gum, coconut water, and cold eye masks. In another room, a man in his mid-30s sat on a couch with his IV bag, watching football on a large, flat-screen TV. Revive is technically a medical facility, but it looks more like a spa: Patients recuperate separately in rooms that offer everything from wooden desks for busy professionals to quiet, windowless areas perfect for people with the flu. (Revive has recently been treating a lot of flu patients; the hydration and vitamins alleviate the symptoms.) About 10 customers come to Revive each day, usually in the morning and almost always alone. “Sometimes we’ll get a group of friends who went out the night before,” Samantha said. “It’s fun to listen to their stories about what they did to land them in this place.”

It took two IV bags and a second shot of Toradol, but after about an hour I was fully hydrated and ready to go. My headache was gone, and I actually felt better than I do most workdays. Dybis wasn’t surprised; he has one patient who’s started coming into the clinic just for the pick-me-up. “The last time she showed up I told her I didn’t think she needed an IV. This is a medical facility, not a theme park. You can’t just come in here and ask to ride the ride,” he said as the nurses wrapped gauze on my arm where the IV had been and told me to apply pressure to lessen the likelihood of a bruise.

Photograph by Ryan Lowry for Bloomberg BusinessweekStarting to feel like a champ

Afterward, I met Julia for lunch. “It worked!” I told her. “That’s cool,” she said. “I just had a cup of coffee and some water. I feel better, too.”

Businessweek.com — Top News

Title Post: To Cure a Hangover, Hang an IV Bag
Url Post: http://www.news.fluser.com/to-cure-a-hangover-hang-an-iv-bag/
Link To Post : To Cure a Hangover, Hang an IV Bag
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment

Read More..

Visit the Capital to Celebrate Chinese New Year, as the City Comes Alive With Colour and Excitement!

LONDON, UNITED KINGDOM–(Marketwire – Feb 9, 2013) – Based on the lunar calendar, Chinese New Year falls on a different day each year and each year is named and represented by a different animal from the Chinese Zodiac. This special holiday is now popular all over the world and Millennium & Copthorne Hotels have six hotels in London, including hotels in Kensington, Knightsbridge and earls court all within easy reach of the celebrations!

The largest celebrations in the capital begin at 10am on 10^th February, where a parade of colourful floats will make its way through the West End, with music and stage performances taking place. When the parade arrives at Shaftesbury Avenue, local community groups and schools will be putting on plays and shows for the crowd!

Trafalgar Square will also be a hub of activity from noon, with music, dance, Chinese dragons and acrobatics. There will be performances from the ”Britain”s Got Talent” winner, Paul Potts, the Chen Brothers Flying Lion Dance and an attempt at setting a Guinness World Record, as 50,000 people are expected to assemble and recreate the dance moves to popular hit, ”Gangnam Style”.

Chinatown is, of course, at the centre of the action and the streets will be alive all day with stalls, food and music. Look out for the Lion Dance as it snakes through the crowds, stopping along the way at restaurants to wish the owners good luck for the coming year!

After an exciting day out, choose to relax at one of Millennium & Copthorne”s London hotels, which offer convenience, luxury and excellent transport links, to make your stay in the city unforgettable.

MILLENNIUM & COPTHORNE HOTELS

Millennium & Copthorne Hotels operates a portfolio of over 100 hotels worldwide.

Marketwire News Archive – Yahoo! Finance

Read More..

Stocks end higher for sixth straight week, tech leads

NEW YORK (Reuters) - The Nasdaq composite stock index closed at a 12-year high and the S&P 500 index at a five-year high, boosted by gains in technology shares and stronger overseas trade figures.

The S&P 500 also posted a sixth straight week of gains for the first time since August.

The technology sector led the day's gains, with the S&P 500 technology index <.splrct> up 1.0 percent. Gains in professional network platform LinkedIn Corp and AOL Inc after they reported quarterly results helped the sector.

Shares of LinkedIn jumped 21.3 percent to $150.48 after the social networking site announced strong quarterly profits and gave a bullish forecast for the year.

AOL Inc shares rose 7.4 percent to $33.72 after the online company reported higher quarterly profit, boosted by a 13 percent rise in advertising sales.

Data showed Chinese exports grew more than expected, a positive sign for the global economy. The U.S. trade deficit narrowed in December, suggesting the U.S. economy likely grew in the fourth quarter instead of contracting slightly as originally reported by the U.S. government.

"That may have sent a ray of optimism," said Fred Dickson, chief market strategist at D.A. Davidson & Co in Lake Oswego, Oregon.

Trading volume on Friday was below average for the week as a blizzard swept into the northeastern United States.

The U.S. stock market has posted strong gains since the start of the year, with the S&P 500 up 6.4 percent since December 31. The advance has slowed in recent days, with fourth-quarter earnings winding down and few incentives to continue the rally on the horizon.

"I think we're in the middle of a trading range and I'd put plus or minus 5.0 percent around it. Fundamental factors are best described as neutral," Dickson said.

The Dow Jones industrial average <.dji> ended up 48.92 points, or 0.35 percent, at 13,992.97. The Standard & Poor's 500 Index <.spx> was up 8.54 points, or 0.57 percent, at 1,517.93. The Nasdaq Composite Index <.ixic> was up 28.74 points, or 0.91 percent, at 3,193.87, its highest closing level since November 2000.

For the week, the Dow was down 0.1 percent, the S&P 500 was up 0.3 percent and the Nasdaq up 0.5 percent.

Shares of Dell closed at $13.63, up 0.7 percent, after briefly trading above a buyout offering price of $13.65 during the session.

Dell's largest independent shareholder, Southeastern Asset Management, said it plans to oppose the buyout of the personal computer maker, setting up a battle for founder Michael Dell.

Signs of economic strength overseas buoyed sentiment on Wall Street. Chinese exports grew more than expected in January, while imports climbed 28.8 percent, highlighting robust domestic demand. German data showed a 2012 surplus that was the nation's second highest in more than 60 years, an indication of the underlying strength of Europe's biggest economy.

Separately, U.S. economic data showed the trade deficit shrank in December to $38.5 billion, its narrowest in nearly three years, indicating the economy did much better in the fourth quarter than initially estimated.

Earnings have mostly come in stronger than expected since the start of the reporting period. Fourth-quarter earnings for S&P 500 companies now are estimated up 5.2 percent versus a year ago, according to Thomson Reuters data. That contrasts with a 1.9 percent growth forecast at the start of the earnings season.

Molina Healthcare Inc surged 10.4 percent to $31.88 as the biggest boost to the index after posting fourth-quarter earnings.

The CBOE Volatility index <.vix>, Wall Street's so-called fear gauge, was down 3.6 percent at 13.02. The gauge, a key measure of market expectations of short-term volatility, generally moves inversely to the S&P 500.

"I'm watching the 14 level closely" on the CBOE Volatility index, said Bryan Sapp, senior trading analyst at Schaeffer's Investment Research. "The break below it at the beginning of the year signaled the sharp rally in January, and a rally back above it could be a sign to exercise some caution."

Volume was roughly 5.6 billion shares traded on the New York Stock Exchange, the Nasdaq and the NYSE MKT, compared with the 2012 average daily closing volume of about 6.45 billion.

Advancers outpaced decliners on the NYSE by nearly 2 to 1 and on the Nasdaq by almost 5 to 3.

(Additional reporting by Angela Moon; Editing by Bernadette Baum, Nick Zieminski, Kenneth Barry and Andrew Hay)

Read More..