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Thursday, 17-May-2012 05:04:27 GMT

Real Estate Bubble

Going Through Denial, Spain Suffers Painful Hangover

Unlike the U.S. and U.K., Spain has been agonizingly slow to accept the fact it got drunk on a massive real-estate bubble, exacerbating and prolonging the hangover now reeling through its financial sector.

Bubble, what housing bubble?

Prospective home buyers are understandably a bit jittery these days with the ongoing talk of the potential housing bubble in Toronto and Vancouver, two of the country?s hottest real estate markets.

Austin Real Estate Networking Club to Host Big Networking Event on Thursday, ...

This Thursday is the Big Networking Event at the Norris Conference Center for the Austin Real Estate Networking Club!Austin, Texas (PRWEB) May 16, 2012 The Austin Real Estate Networking Club is hosting it's yearly Big Networking Event this Thursday, May 17, from 7pm-9pm at the Norris Conference Center.In addition to networking, a typical Austin RENC event would also have a guest speaker who ...

Spain real estate 'madness' continues despite burst housing bubble

In the stages of death of a real estate boom, Spain is still in denial. In Ireland, they?re moving toward acceptance

Leaving Fannie Mae, Freddie Mac As Is Risks Another Housing Bubble

Anthony Sanders is a senior scholar at the Mercatus Center and the distinguished professor of Real Estate Finance at George Mason University.

Israel

Israel's sub fleet buildup will cost $1.8B

TEL AVIV, Israel, May 15 (UPI) -- Israel's accelerating drive to build up its submarine fleet is going to cost $1.8 billion for three state-of-the-art Dolphin class boats being built in Germany.

Cellcom Israel Announces First Quarter 2012 Results

NETANYA, Israel, May 15, 2012 /PRNewswire/ --Cellcom Israel implemented efficiency measures, which led to a decrease of approximately NIS 80 million in expenses and contributed to improved results in the ...

Israel set to funnel quake aid to Palestinians

TEL AVIV (Reuters) - Israel has set up a mechanism to funnel aid to the Palestinians in the event of an earthquake, though its emergency relief services would not deploy throughout their territory, Israeli officials said on Tuesday. A 5.5-magnitude quake rattled Israel and the occupied West Bank on Friday, reminding residents of their common vulnerability to the Syria-African Rift, a northern ...

With Egypt's help, Israel strikes deal to end hunger strike

Israel bowed to the demands of thousands of Palestinian prisoners who staged a weeks-long hunger strike to lobby for better jail conditions, with Egypt helping to mediate the breakthrough.

Windsurfer Korzits waves flag for Israel in London

MICHMORET, Israel (Reuters) - Women's RS:X windsurfing world champion Lee Korzits is relying on her affinity with the waves to help her to an Olympic podium place in London, but the Israeli knows the unpredictability of her competitors could cost her more than a medal.

Linux / Open Source

The Kennedy curse lives on

The Death of RFK Jr.'s wife is the Latest Tragedy for the Kennedy Family.



White House denies arming Syrian rebels

President Barack Obama's administration has repeatedly said over the past few months that it won't ship arms to Syria's outgunned opposition, warning that doing so will only escalate the bloody conflict there. But the Washington Post reported Wednesday that the U.S. has been helping to coordinate shipments [...]



Russia's chess game 'without any rules'

Grandmaster-turned-activist Garry Kasparov says Putin does whatever he wants to stay in power.



Greece gets caretaker PM until new vote in June

A senior judge has been sworn in to head Greece's caretaker government for a month as the debt-crippled country lurches through a political crisis that threatens its membership in the 17-nation eurozone.



Biden attacks Romney tenure as venture capitalist

Vice President Joe Biden, campaigning in Democratic territory with high unemployment, went after Republican Mitt Romney's business background Wednesday and cast him as a corporate raider more interested in profits than people.



JTA Headlines


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Slashdot

UK Police Roll Out On-the-Spot Mobile Data Extraction System


Qedward writes "The Metropolitan Police has rolled out a mobile device data extraction system to allow officers to extract data 'within minutes' from suspects' phones while they are in custody. 'Ostensibly, the system has been deployed to target phones that are suspected of having actually been used in criminal activity, although data privacy campaigners may focus on potentially wider use.'"

Read more of this story at Slashdot.


India's Proposal For Government Control of Internet To Be Discussed In Geneva


First time accepted submitter cvenky writes "The Indian Government is proposing to create an intergovernmental body 'to develop internet policies, oversee all internet standards bodies and policy organizations, negotiate internet-related treaties and sit in judgment when internet-related disputes come up.' This committee will be funded and staffed by the UN and will report to the UN General Assembly which effectively means the control of the internet passes on to World Governments directly."

Read more of this story at Slashdot.


Ask Slashdot: Holding ISPs Accountable For Contracted DSL Bandwidth


mcleland writes "I'm not getting the bandwidth I paid for from my DSL connection. My '3mbps' fluctuates between about 2.7 during the day down to 0.1 or 0.2 in the evening according to speedtest.net. Let's assume DSL is the only viable option for broadband at my house and I can't really move right now (rural area, on north face of the mountain, no cable service, very poor cell coverage). This was discussed 6 years ago, but I'd like to see if there are any current thoughts on whether I'm just stuck or if there is some way to make the ISP hold up its end."

Read more of this story at Slashdot.


Superflares Found On Sun-Like Stars


astroengine writes "Scientists have found superflares more than 1 million times more powerful than flares generated by the sun occurring on sun-like stars being studied by NASA's Kepler space telescope. The finding, culled from 120 days of observations of 83,000 stars, is the first to detail how often and how energetic flares on other stars can be. The discovery, however, raises a question about how the massive outbursts, believed to be caused by complex magnetic interactions, can physically occur."

Read more of this story at Slashdot.


Wil Wheaton: BitTorrent Isn't Only For Piracy


itwbennett writes "Geek advocate Wil Wheaton has written a blog post on the (legal) usefulness of BitTorrent, saying that the speed of his recent download of Ubuntu 12.04 should serve as a reminder that BitTorrent fills an important niche. Wheaton compares blocking BitTorrent to closing freeways because bank robbers could get away."

Read more of this story at Slashdot.