Sand Dune Arch
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Sand Dune, National Park
Sand Dune Arch
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Celebrating the Bargam New Testament dedication
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Bargam New Testament dedicationTagsPapua, Rear view
#brisbane #bridge #storybridge 28dec
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Bangsaen Speedboats - Banana boat racing
Bangsaen Beach, Chonburi, Thailand, 23rd-24th December 2011
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Chonburi, Thailand, Banana boat racingBangsaen Beach, Bangsaen Speedboats
above contra loma before sunrise
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[2011-09-25] Marion Lake_0001
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Woodland understory - Poa labillardieri
This grass grows in the wetter areas of the grassy woodland and is commonly called River Tussock. As shown here, it flowers in the warmer months of the year - in late spring and early summer. A beautiful grass, the tussocks can get quite large.
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wetter areas, grass, River Tussock, woodland, Woodland understory
KIEV, Ukraine—A summit aimed at anchoring Ukraine in Europe fell flat on Monday, as the European Union warned it wouldn't sign a trade and political-association deal with Kiev unless the government took steps to release jailed former Prime Minister Yulia Tymoshenko.
Both sides hailed the conclusion of negotiations on the deal as a stride toward a free-trade agreement and deeper political ties, but the summit in Kiev was overshadowed by the case of the opposition leader, who was convicted in October on abuse-of-office charges.
European Council President Herman Van Rompuy told Ukrainian President Viktor Yanukovych that the signing of the agreement "will depend on political circumstances."
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Yulia Tymoshenko, shown in June
"Our strong concern is primarily related to the risks of politically motivated justice in Ukraine. The Tymoshenko trial is the most striking example," Mr. Van Rompuy said.
Ms. Tymoshenko is appealing her seven-year sentence, which she says is an attempt by Mr. Yanukovych to sideline his main political rival.
U.S. and European officials have pressed the president to find a way to release his longtime foe, whom he narrowly defeated in the 2010 election. He has refused, and authorities have launched several new criminal probes relating to her stint as head of a gas company in the mid-1990s.
After a two-hour meeting with Mr. Yanukovych and European Commission President José Manuel Barroso, Mr. Van Rompuy said Ukraine's parliamentary elections next year will be a "litmus test." He urged Kiev to push ahead with judicial reforms and ensure media freedoms and freedom of assembly.
Mr. Yanukovych gave no indication after the meeting that he was prepared to back down and push for Ms. Tymoshenko's release.
The EU's statements underscored the dilemma it faces as it tries to press Mr. Yanukovych to curb alleged pressure on the opposition and media while not pushing him too hard toward neighboring Russia.
Moscow is trying to entice Ukraine into tighter economic and political ties with offers of discounts on natural-gas supplies. Negotiations on a new gas contract, which have been going on for more than 18 months, have stumbled in recent weeks.
Mr. Yanukovych, who will fly to Moscow on Tuesday for a meeting of regional leaders, said talks with Russia on a new gas agreement were tough. "It's difficult at the moment to say how they will finish," he said, in comments carried by Interfax news agency.
He said the conclusion of negotiations with the EU confirmed Ukraine's choice to move toward closer ties with Europe.
Ukrainian President Viktor Yanukovych, Herman Van Rompuy, Van Rompuy, European Union, Ukraine, political ties, political ties, Tymoshenko, Europe, Kiev
The Mudam Caf, Mudam Luxembourg
designers: Ronan and Erwan Bouroullec
2006
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museum
FRANKFURT—The struggling euro-zone economy is getting an unintended benefit from the region's escalating debt crisis, as the recent sharp drop in the value of the euro against other major currencies stimulates the region's exporters, limiting the severity of the downturn gripping the 17-member currency bloc.
The likely lift to exporters comes as the euro zone, though likely in the early months of a mild recession, avoids the kind of steep plunge in output that plagued the global economy in 2008 and 2009. That could limit the scope for the European Central Bank to embark on more radical steps, including large-scale asset purchases known as quantitative easing.
ECB President Mario Draghi on Thursday rejected suggestions that the central bank embark on quantitative easing, saying such steps don't lead to "stellar economic performance."
Also Thursday, Italy's government, headed by Prime Minister Mario Monti, called for a confidence vote on the €20 billion ($26 billion) austerity package aimed at shielding the country from the euro-zone debt crisis, as expected.
The 13% drop in the euro versus the U.S. dollar from its May peak, to around $1.30, could add more than 0.5 percentage point to euro-zone growth, economists say, assuming the recent slide sticks for several months. "If we get one side benefit from sovereign debt issues, a weakened euro...would be an extremely welcome outcome," said John Whelan, chief executive of the Irish Exporters Association, whose member companies account for 80% of Ireland's exports.
Effects of a lower euro should feed through quickly, particularly with the euro weakening against the U.K. sterling. The U.K. accounts for roughly 50% of the exports of Irish-owned businesses, mostly small and medium-sized, Mr. Whelan said, making the 5% drop in the euro-sterling rate since late October a welcome development for his group.
Others along the region's fragile periphery should see the benefit, too. Ireland and Portugal are the most sensitive of euro-bloc countries to the euro-dollar rate, according to economists at Royal Bank of Scotland. Spain's economy is also closely tied to exchange rates.
The weaker euro "will help Portuguese textiles exports, especially for countries outside the European Union," said Paulo Vaz, who heads Portugal's textile association, known as ATP. Portugal is home to roughly 7,000 textile-related companies, which account for 10% of its exports. The sector has fallen on hard times in part due to the euro's strength in recent years, as lower-cost competitors in Eastern Europe and China, with lower-valued currencies, gobbled up market share inside and outside of Europe.
Another beneficiary: France's Cognac market. In recent years, sales of Cognac, which can bear that label only if made in the region of the same name in western France, have been largely boosted by booming demand in China and the U.S.
For Cognac maker Louis Royer SAS, the effect of a weaker euro has been positive, says Philippe Pichetto, who runs the company's Americas export division. "The strong euro had a big effect on our margins," said Mr. Pichetto. "When clients paid in dollars, we had to absorb most of the extra cost."
Louis Royer, which had 2010 revenues of €36 million ($47 million), does around 30% of its business in U.S. dollars. A weak euro is helping the company partly offset increased production costs which will, eventually, have to be passed on to the customer in the form of higher prices, Mr. Pichetto said.
However, he noted that the euro would have to remain weak for at least six months before it had an important effect on the 150-year-old company's finances.
Larger companies echo the feeling that the dollar would have to remain strong for a sustained period before any real positive effect could be felt. Aerospace giant European Aeronautic Defence & Space NV, which in 2010 made the majority of its €45.8 billion revenue outside the euro zone, has long argued that the euro is too strong.
"If the dollar were to stay in the range of $1.30 for a longer period of time, this would be positive for our business. The more we are moving towards the purchase-power equilibrium, which is at around $1.25, the better it would be for us, if sustained," said an EADS spokesman.
The improved export prospects come as many euro zone members confront a toxic mix of economic stagnation, growth-draining austerity measures and rising borrowing costs.
The euro zone contracted for a fourth straight month in December but at a less pronounced pace than in November, according to a closely watched survey of purchasing executives, raising hopes that any recession will be mild. The Markit PMI index rose to 47.9 from 47 in November. Though still below 50, signaling contraction, the index reached its highest level in three months. December's improvement was driven largely by Germany, whose PMI rose nearly two points to 51.3, signaling modest growth.
"For the next three or four months our order book looks very good; overall I am still not pessimistic," said Kirsten Schoder-Steinmüller, managing director of Schoder GmbH, a 76-person firm outside Frankfurt that makes engraving tools and specialty machine parts.
Write to Brian Blackstone at brian.blackstone@dowjones.com, Max Colchester at max.colchester@wsj.com and David Pearson at david.pearson@dowjones.com
European Central Bank, Philippe Pichetto, Prime Minister Mario Monti, President Mario Draghi, euro zone, debt crisis, currencies
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Sewerby Hall and Gardens, East Yorkshire.
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lee a. tregurtha, american sault locks, michigan
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Untitled
Photograph by Scott Allan Wallick.
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Impressions of America: A Roadtrip. Day 8.
Chicago skyline at sunset. Chicago, IL.
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The Crumpet Tea Room
Scenes from the 2011 Rogers Christmas Parade
Rogers, AR
December 5, 2011
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Red Tail Hawk Ready
This is a capture of a large Red Tailed Hawk, i took on Black Friday, who was sitting on the fence next to the Blackstone River Bike Path in Cumberland R.I.
This is the fourth time i saw these beautiful birds along the BRBP this year. While coming back from a walk on a beautiful autumn day i saw this RTH sitting on the ground next to the fence. When he or she spotted me it jumped on the top of the fence and sat there for about fifteen minutes and allowed me with in four feet of him or her. The RTH was looking around continually and i am guessing it was looking for lunch. After this photo opportunity it flew off into the woods to continue the hunt.
Info:
The Red-tailed Hawk (Buteo jamaicensis) is a bird of prey, one of three species colloquially known in the United States as the "chickenhawk," though it rarely preys on chickens. It breeds throughout most of North America, from western Alaska and northern Canada to as far south as Panama and the West Indies, and is one of the most common buteos in North America. Red-tailed Hawks can acclimate to all the biomes within its range. There are fourteen recognized subspecies, which vary in appearance and range. It is one of the largest members of the genus Buteo in North America, typically weighing from 690 to 1600 grams (1.5 to 3.5 pounds) and measuring 45–65 cm (18 to 26 in) in length, with a wingspan from 110 to 145 cm (43 to 57 in). The Red-tailed Hawk displays sexual dimorphism in size, with females averaging about 25% heavier than males.
The Red-tailed Hawk occupies a wide range of habitats and altitudes, including deserts, grasslands, coniferous and deciduous forests, tropical rainforests, agricultural fields and urban areas. It lives throughout the North American continent, except in areas of unbroken forest or the high arctic. It is legally protected in Canada, Mexico and the United States by the Migratory Bird Treaty Act.
Because they are so common and easily trained as capable hunters, the majority of hawks captured for falconry in the United States are Red-tails. Falconers are permitted to take only passage hawks (which have left the nest, are on their own, but are less than a year old) so as to not affect the breeding population. Adults, which may be breeding or rearing chicks, may not be taken for falconry purposes and it is illegal to do so. Passage red-tailed hawks are also preferred by falconers because these younger birds have not yet developed adult behaviors, which can make training substantially more challenging.
The Red-tailed Hawk also has significance in Native American culture. Its feathers are considered sacred by some tribes, and are used in religious ceremonies.
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Red Tailed Hawk, North America, Red-tailed Hawk, Red-tailed Hawks, Red Tail Hawk ReadyThis, beautiful birds