Real growth in household incomes over past 5 years despite higher inflation: MOF






SINGAPORE: Singapore's economic growth slowed significantly this year, as subdued external demand affected most sectors of the economy.

But findings from the Ministry of Finance's second issue of the Singapore Public Sector Outcomes Review (SPOR) showed that there has been real growth in household incomes over the past five years despite higher inflation.

Median monthly household incomes dipped in 2009 to S$4,850 with the economic downturn, although these remain higher than five years ago - S$4,267 in 2005.

Incomes have since risen in 2010 with the economic recovery and tighter labour market.

The review found that to keep incomes on a sustainable growth path, the skills and productivity of workers must be raised. If the goal of raising productivity by two to three per cent per year over the next decade is achieved, median real incomes should grow by about 30 per cent over 10 years.

Published once every two years, SPOR provides a perspective on how the public sector and Singapore have fared in six broad range of areas of national interest including growing incomes and fostering strong families and a cohesive society.

The review said immediate challenges remain but are being addressed and these include relieving pressure in public housing and transport infrastructure.

Beyond these, SPOR said the government must keep sight of long-term issues vital to Singapore's survival, security and success.

Public policy will also have to take into account a greater diversity of needs and interests as society evolves.

The current Our Singapore Conversation is an effort to involve many Singaporeans in gathering aspirations and hopes for Singapore's future, and ideas on how we can achieve them together.

- CNA/ck



Read More..

Stuxnet attacks Iran again, reports say




An Iranian news agency says the country successfully fended off yet another attack by the Stuxnet worm, according to reports.


The cyberattack targeted a power plant and other sites in southern Iran over the fall, the BBC and the Associated Press reported today.


Discovered in June 2010, Stuxnet is believed to be the first malware targeted specifically at critical infrastructure systems. It's thought to have been designed to shut down centrifuges at Iran's Natanz uranium enrichment plant, where stoppages and other problems reportedly occurred around that time. The sophisticated worm spreads via USB drives and through four previously unknown holes, known as zero-day vulnerabilities, in Windows.


Stuxnet is just one of several versions of malware aimed at Middle Eastern countries in the past two and a half years. Along Stuxnet, there have arisen Duqu, Gauss, Mahdi, Flame, Wiper, and Shamoon.


Read More..

AR-15 gun sales continue to spike after shootings

(CBS News) The Newtown shootings and Monday's ambush in Webster, N.Y., have fueled the debate over gun control.

While that debate intensifies, something else is spiking: Gun sales.

At gun shows across the nation this past weekend people stood in line hoping to get their hands on an AR-15, the military-style rifle used in the Newtown Connecticut school shooting.

Popular AR-15 rifle at center of gun control debate
A gun enthusiast explains his hobby
As NRA is criticized on shooting response, bullets sell

There's been a run on AR-15s at gun stores, too.

"I normally sell about 15-20 a month. I've sold about 30 in the last three days," said Rick Friedman, who owns RTSP in Randolph, N.J.

The reason, he says, is clear: "Because people want to make sure they can own them legally before they get the right taken away."

The White House said after the Newtown shooting that President Barack Obama supports a ban on assault weapons proposed by California Democratic Senator Diane Feinstein. Getting it through Congress quickly is highly unlikely, but the mere mention of a ban is enough to send sales soaring. And it's not just guns.

Brownells, the world's largest firearms supplier, says it recently sold more than three-and-a-half years worth of AR-15 magazines in three days.

Even before Newtown, sales of guns and ammunition this year were surging.

FBI background checks of potential gun buyers were up 31 percent in November 2012 over 2011.


Chuck Nesby, an instructor at Nova Firearms in Falls Church, Va., said they nearly sold out of AR-15s and high-capacity magazines after the shooting in Newtown.

Chuck Nesby, an instructor at Nova Firearms in Falls Church, Va., said they nearly sold out of AR-15s and high-capacity magazines after the shooting in Newtown.


/

CBS News

In a report issued prior to Newtown, the market research firm IbisWorld, which tracks the gun industry, found "Gun enthusiasts are working themselves into a frenzy over what another four years under the Obama administration may hold for gun laws."

Chuck Nesby is an instructor at Nova Firearms in Falls Church, Va., where they nearly sold out of AR-15s and high-capacity magazines after Newtown.

"If I could I would give Sen. Feinstein and the president salesmen of the year awards."

Sen. Feinstein plans to introduce her bill to ban the sale or manufacturer of assault weapons on the first day of the new Congress in January. That's expected to trigger yet another boost in gun sales.

Read More..

Gunman Killed Firemen With Bushmaster, Left Note












A convicted killer, who shot dead two firefighters with a Bushmaster assault rifle after leading them into an ambush when they responded to a house fire he set in Western New York, left behind a typewritten note saying he wanted to "do what I like doing best, killing people," police said.


William Spengler, 62, set his home and a car on fire early Monday morning with the intention of setting a trap to kill firefighters and to see "how much of the neighborhood I can burn down," according to the note he wrote and which police found at the scene. The note did not give a reason for his actions.


Spengler, who served 18 years in prison for beating his 92-year-old grandmother to death with a hammer in 1981, hid Monday morning in a small ditch beside a tree overlooking the sleepy lakeside street in Webster, N.Y., where he lived with his sister, police said today in a news conference.


Police said they found remains in the house, believed to be that of the sister, Cheryl Spengler, 67.


As firefighters arrived on the scene after a 5:30 a.m. 911 call on the morning of Christmas Eve, Spengler opened fire on them with the Bushmaster, the same semi-automatic, military-style weapon used in the Dec. 14 rampage killing of 20 children in Newtown, Conn.




"This was a clear ambush on first responders… Spengler had armed himself heavily and taken area of cover," said Gerald Pickering, the chief of the Webster Police Department.


Armed with a Smith & Wesson .38 caliber revolver, a Mossman 12-gauge shotgun, and the Bushmaster, Spengler killed two firefighters, and injured two more as well as an off-duty police officer at the scene.


As a convicted felon, Spengler could not legally own a firearm and police are investigating how he obtained the weapons.


One firefighter tried to take cover in his fire engine and was killed with a gunshot through the windshield, Pickering said.


Responding police engaged in a gunfight with Spengler, who ultimately died, likely by a self-inflicted gunshot wound to the head.


As police engaged the gunman, more houses along Lake Ontario were engulfed, ultimately razing seven of them. Some 33 people in adjoining homes were displaced by the fire.


SWAT teams were forced to evacuate residents using armored vehicles.


Police identified the two slain firefighter as Lt. Michael Chiapperini, a 20-year veteran of the Webster Police Department and "lifetime firefighter," according to Pickering, and Tomasz Kaczowka, who also worked as a 911 dispatcher.


Two other firefighters were wounded and remain the intensive care unit at Strong Memorial Hospital in Rochester, N.Y.


Joseph Hofsetter was shot once. He sustained an injury to his pelvis and has "a long road to recovery," said Dr. Nicole A. Stassen, a trauma physician.


The second firefighter, Theodore Scardino, was shot twice and received injuries to his left shoulder and left lung, as well as a knee.



Read More..

U.N. General Assembly voices concern for Myanmar's Muslims


UNITED NATIONS (Reuters) - The U.N. General Assembly expressed serious concern on Monday over violence between Rohingya Muslims and Buddhists in Myanmar and called upon its government to address reports of human rights abuses by some authorities.


The 193-nation General Assembly approved by consensus a non-binding resolution, which Myanmar said last month contained a "litany of sweeping allegations, accuracies of which have yet to be verified."


Outbreaks of violence between ethnic Rakhine Buddhists and the Rohingyas have killed dozens and displaced thousands since June. Rights groups also have accused Myanmar security forces of killing, raping and arresting Rohingyas after the riots. Myanmar said it exercised "maximum restraint" to quell the violence.


The unanimously adopted U.N. resolution "expressing particular concern about the situation of the Rohingya minority in Rakhine state, urges the government to take action to bring about an improvement in their situation and to protect all their human rights, including their right to a nationality."


At least 800,000 Muslim Rohingyas live in Rakhine State along the western coast of Myanmar, also known as Burma. But Buddhist Rakhines and other Burmese view them as illegal immigrants from neighboring Bangladesh who deserve neither rights nor sympathy.


The resolution adopted on Monday is identical to one approved last month by the General Assembly's Third Committee, which focuses on human rights. After that vote, Myanmar's mission to the United Nations said that it accepted the resolution but objected to the Rohingyas being referred to as a minority.


"There has been no such ethnic group as Rohingya among the ethnic groups of Myanmar," a representative of Myanmar said at the time. "Despite this fact, the right to citizenship for any member or community has been and will never be denied if they are in line with the law of the land."


(Reporting By Louis Charbonneau; Editing by Paul Simao)



Read More..

Yen ticks up in Asia after easing-sparked tumble






TOKYO: The yen edged higher in Asian trade on Tuesday after tumbling on speculation that the Bank of Japan would launch more easing measures in the face of political demands for policy action.

The dollar bought 84.74 yen in Tokyo morning trade, a shade lower than 84.82 yen in New York Monday afternoon, after climbing to 85 yen, a level last breached in April 2011.

The euro fetched 111.69 yen and $1.3178 from 111.87 yen and $1.3183 in US trade.

The Japanese currency had dipped against the dollar and the euro on Monday after incoming prime minister Shinzo Abe, whose Liberal Democratic Party won a landslide national election last week, renewed calls on the Bank of Japan to take further steps to ease monetary policy.

Abe at the weekend threatened to change a law guaranteeing the central bank's independence if it did not agree to set a two-per cent inflation target as he requested in a bid to drag the country out of the deflation that has haunted its economy for years.

Tokyo markets were closed Monday for a national holiday.

Despite pessimism over divided US lawmakers reaching a deal on the fiscal cliff, dealers said the dollar could see more upward momentum after reaching a 20-month high earlier.

On Thursday, Japan's central bank expanded an asset-buying programme -- its main policy tool -- by 10 trillion yen ($119 billion) to 101 trillion yen, days after the conservative LDP won a weekend election promising to boost spending and pressure the central bank for aggressive action.

With most regional markets closed for a holiday, forex trade was expected to remain quiet on Tuesday.

- AFP/ck



Read More..

Customer claims Sprint worker said his fingers 'too fat' for iPhone



Does finger size really matter?



(Credit:
CNET)


It's possible you might put on a few pounds during this holiday season.


Might I suggest you perform additional exercises with your fingers? You know, so that they don't get too large.


This would seem to be extremely sane advice if you want to buy an iPhone from Sprint.


At least that's what one Sprint customer would have you believe. This customer says he billowed his way into his local Sprint store in order to get a replacement for his damaged
iPhone 4.


As told to Tom's Hardware, when he discovered he could get a free replacement, the customer thought this seemed like a sound value proposition.


The Sprint salesperson allegedly countered by telling the customer that the iPhone is "really a piece of s***."


I am all for creative salesmanship. This, however, seemed to go down as well as a restoration of the Mona Lisa involving acrylics and a hairbrush.


As many salespeople are, this one was apparently undeterred.


He allegedly went on to list all the many, colorful reasons why the iPhone is really, really "a piece of s***."


These included battery life, fragility, and size -- the last of which supposedly led to "your fingers are too fat for such a phone. You should get the Galaxy S3."



More Technically Incorrect



I would be stunned into emitting lava from my mouth had I not myself, with a slim-fingered witness at my side, enjoyed a somewhat similar experience at a Verizon store, where the salesperson did everything possible to unsell me an iPhone.


No, he didn't use the phrase "really a piece of s***." But he did offer that other phones were 10 times faster than the iPhone and that only Apple wants to push iPhones, Verizon doesn't.


I am sure that in neither case could the salesperson's iPooh-poohing be at all related to the amount of money the store makes (or doesn't) from the iPhone.


I have contacted Sprint to see whether the company has any comment about the digital size of customers who are eligible to buy an iPhone.


In this particular case, the transaction doesn't seem to have gone in Sprint's favor.


For the customer concluded:

"Okay [M], your nametag doesn't say 'Sprint Rep/Nutritionist' so don't tell me how I can't use the phone because of my 'fat' fingers." Fed up with his attitude and tone of condescension, I walked out, no phone in hand. I'd rather have a broken phone than to have to put up with such a rude person.


Yes, he thought the salesperson was fatheaded.


Read More..

Dueling trackers keeping tabs on Santa

Updated 7:58 p.m. Eastern

PETERSON AIR FORCE BASE, Colo. Volunteers at a U.S. Air Force base monitoring Santa Claus' progress around the world were on track to answer a record number of calls Monday from children wanting to know everything from Saint Nick's age to how reindeer fly.

Oh, and when are the presents coming?

Phones were ringing nonstop at Peterson Air Force Base, headquarters of the North American Aerospace Command's annual Santa-tracking operation.

First Lady Michelle Obama joined in from Hawaii, where she answered phone calls for about 30 minutes.


First Lady Michelle Obama reacts while talking on the phone to children across the country as part of the annual NORAD Tracks Santa program. Mrs. Obama answered the phone calls from Kailua, Hawaii, Christmas Eve, Dec. 24, 2012.

First Lady Michelle Obama reacts while talking on the phone to children across the country as part of the annual NORAD Tracks Santa program. Mrs. Obama answered the phone calls from Kailua, Hawaii, Christmas Eve, Dec. 24, 2012.


/

The White House/Pete Souza

NORAD Tracks Santa was on pace to exceed last year's record of 107,000 calls, program spokeswoman Marisa Novobilski said.

But NORAD has some fresh competition: Google has unveiled a new Santa tracker this year. As CNET reports, Google Maps engineers developed a new route algorithm that will let users track Saint Nick's journey on a special Santa Tracker page.

"Google has been tracking Santa via Google Earth since 2004," CNET's Don Reisinger notes. "This is the first time the company has launched a broader Santa Tracker tool that competes with NORAD's perennial favorite."

The NORAD maps show Santa is in Europe and heading west. He has delivered more than 4 billion presents so far, according to the "NORAD Tracks Santa" website.

Volunteers started taking calls at 4 a.m. Mountain time on Monday and will keep updating until 3 a.m. on Christmas morning.

NORAD Tracks Santa began in 1955 when a newspaper ad listed the wrong phone number for kids to call Santa. Callers ended up getting the Continental Air Defense Command, NORAD's predecessor, and a tradition was born.

Officers played along. Since then, NORAD Tracks Santa has gone global, posting updates for nearly 1.2 million Facebook fans and 104,000 Twitter followers.

Volunteer Sara Berghoff was caught off-guard when a child called to see if Santa could be especially kind this year to the families affected by the recent Connecticut school shooting.

"I'm from Newtown, Connecticut, where the shooting was," she remembered the child asking. "Is it possible that Santa can bring extra presents so I can deliver them to the families that lost kids?"

Sara, just 13 herself, gathered her thoughts quickly. "If I can get ahold of him, I'll try to get the message to him," she told the child.

Following is a sampling of calls received at the base:

---

GIFTS IN HEAVEN: One little boy from Missouri phoned in to ask what time Santa delivered toys to heaven, said volunteer Jennifer Eckels, who took the call. The boy's mother got on the line to explain that his sister had died this year.

"I think Santa headed there first," Eckels told him.

---

IS HE THERE YET?: James Solano took a call from a young girl and her father in Bangkok, asking when Santa would arrive. Solano checked the map and said it wouldn't be long.

"The dad was saying, `We've got to get to bed soon,"' said Solano, an Army colonel.

"It was kind of neat," he said. "They were very thrilled."

---

SANTA KNOWS: Glenn Barr took a call from a 10-year-old who wasn't sure if he would be sleeping at his mom's house or his dad's and was worried about whether Santa would find him.

"I told him Santa would know where he was and not to worry," Barr said.

Another child asked if he was on the nice list or the naughty list.

"That's a closely guarded secret, and only Santa knows," Barr replied.

---

THE REAL DEAL: A young boy called to ask if Santa was real.

Air Force Maj. Jamie Humphries, who took the call, said, "I'm 37 years old, and I believe in Santa, and if you believe in him as well, then he must be real."

The boy turned from the phone and yelled to others in the room, "I told you guys he was real!"

Read More..

4 Firefighters Shot, 2 Killed in NY 'Trap'













A man who served nearly 17 years in jail for killing his grandmother set a house and car on fire this morning in upstate New York and then began shooting at emergency personnel who showed up, killing two firefighters, police said.


In all, William Spengler, 62, shot four firefighters, killing two and severely injuring two more after setting his "trap," police said.


An off-duty police officer from Greece, N.Y., who responded to the scene early in the morning of Christmas Eve also was injured today.


"It was a trap," said Webster, N.Y., Police Chief Gerald L. Pickering, "set by Mr. Spengler who laid in wait and shot first responders."


Spengler, who was released from prison in 1998, was found dead at the scene following a shootout with police. He was believed to have killed himself with a bullet to the head.


As a convicted felon, Spengler would not have been allowed to own guns legally. Police were working to determine the types of weapons he used and how he obtained them, Pickering said.


Spengler was convicted of manslaughter in 1981 for "beating his 92-year-old grandmother with a hammer," according to state prison documents.


Several weapons were used, Pickering said, and, "probably a rifle was used to inflict wounds of the first responders.


"I know many people are going to be asking if they were assault rifles," Pickering said


There has been a week-long national debate about such weapons after one was used in a tragic school shooting in Newtown, Conn. on Dec. 14.










Four firefighters, two on a ladder truck and two more in their own vehicles, responded to 911 calls around 5:30 a.m. Monday morning. Spengler is believed to have hidden behind an elevated berm, shooting down on the firefighters and later police.


"Upon arrival, all [the firefighters] drew fire. All four were shot on the scene," Pickering said. "One was able to flee the scene. The other three were pinned down."


Police believe Spengler's sister may have been inside the home, and that he set it on fire.


The blaze spread, engulfing three nearby homes and damaging three more on a sleepy street next to Lake Ontario that police described as a quiet vacation community. The fire was not put under control until late this afternoon.


SWAT team officers used an armored personnel carrier to evacuate 33 residents from homes in the area.


Among the dead firefighters was Lt. Michael Chiapperini, a 20-year veteran of the Webster Police Department and "lifetime firefighter," according to Pickering. Chiapperini was a spokesman for the police department, ABC News affiliate WHAM reported.


Police identified the other firefighter killed as Tomasz Kaczowka, who also worked as a 911 dispatcher.


The chief, choking up, called the incident that shattered the quiet before 6 a.m. on Christmas Eve morning "terrible."


"People get up in the middle of the night to fight fires," he said. "They don't expect to get shot and killed."


Two surviving firefighters were in the intensive care unit at Strong Memorial Hospital in Rochester, N.Y. Both men were awake and breathing on their own after surgery and were in what doctors are calling "guarded condition."


Joseph Hofsetter was shot once. He sustained an injury to his pelvis and has "a long road to recovery," said Dr. Nicole A. Stassen, a trauma physician.


The second firefighter, Theodore Scardino, was shot twice and received injuries to his left shoulder and left lung, as well as a knee.


New York Gov. Andrew Cuomo released a statement calling the attack a "senseless act of violence" and the first responders "true heroes."



Read More..

Egyptians back new constitution in referendum


CAIRO (Reuters) - An Islamist-backed Egyptian constitution won approval in a referendum, rival camps said on Sunday, after a vote the opposition said would sow deep social divisions in the Arab world's most populous nation.


The Islamist Muslim Brotherhood, which propelled President Mohamed Mursi to power in a June election, said an unofficial tally showed 64 percent of voters backed the charter after two rounds of voting that ended with a final ballot on Saturday.


An opposition official also told Reuters their unofficial count showed the result was a "yes" vote, while party spokesmen said there had been a series of abuses during the voting.


The main opposition coalition, the National Salvation Front, responded to the defeat by saying it was moving towards forming a single political party to challenge the Islamists who have dominated the ballot box since strongman Hosni Mubarak was overthrown two years ago.


Members of the opposition, taking heart from a low turnout of about 30 percent of voters, pledged to keep up pressure on Mursi through peaceful protests and other democratic means.


"The referendum is not the end of the road," said Khaled Dawoud, a spokesman for the National Salvation Front. "It is only the beginning of a long struggle for Egypt's future."


The referendum committee may not declare official results for the two rounds until Monday, after hearing appeals. If the outcome is confirmed, a parliamentary election will follow in about two months.


Mursi's Islamist backers say the constitution is vital for the transition to democracy, nearly two years after Mubarak was ousted in a popular uprising. It will provide the stability needed to help a fragile economy, they say.


The constitution was "a historic opportunity to unite all national powers on the basis of mutual respect and honest dialogue for the sake of stabilizing the nation," the Brotherhood said in a statement.


RECIPE FOR UNREST


The opposition accuses Mursi of pushing through a text that favors Islamists and ignores the rights of Christians, who make up about 10 percent of the population, as well as women. They say it is a recipe for further unrest.


The opposition said voting in both rounds was marred by abuses. However, an official said the overall vote favored the charter.


"The majority is not big and the minority is not small," liberal politician Amr Hamzawy said, adding that the National Salvation Front would use "all peaceful, democratic means" such as protests to challenge the constitution.


The vote was split over two days as many judges had refused to supervise the ballot, making a single day of voting impossible.


During the build-up to the vote there were deadly protests, sparked by Mursi's decision to award himself extra powers in a November 22 decree and then to fast-track the constitutional vote.


The new basic law sets a limit of two four-year presidential terms. It says the principles of sharia, Islamic law, remain the main source of legislation but adds an article to explain this. It also says Islamic authorities will be consulted on sharia - a source of concern to Christians and others.


ABUSES


Rights groups reported what they said were illegalities in voting procedures. They said some polling stations opened late, that Islamists illegally campaigned at some polling places, and complained of irregularities in voter registration.


But the committee overseeing the two-stage vote said its investigations showed no major irregularities in voting on December 15, which covered about half of Egypt's 51 million voters. About 25 million were eligible to vote in the second round.


The Brotherhood said turnout was about a third of voters.


The opposition says the constitution will stir up more trouble on the streets since it has not received sufficiently broad backing for a document that should be agreed by consensus, and raised questions about the fairness of the vote.


In the first round, the district covering most of Cairo voted "no," which opponents said showed the depth of division.


"I see more unrest," said Ahmed Said, head of the liberal Free Egyptians Party and a member of the opposition Front.


He cited "serious violations" on the first day of voting, and said anger against Mursi was growing. "People are not going to accept the way they are dealing with the situation."


At least eight people were killed in protests outside the presidential palace in Cairo this month. Islamists and rivals clashed in Alexandria, the second-biggest city, on the eves of both voting days.


(Writing by Edmund Blair and Giles Elgood; editing by Philippa Fletcher)



Read More..