Walkers Put Phones Over Safety, Liberty Mutual Says

Drivers arent the only people that need to put away their mobile phones to increase safety on the roads, according to Liberty Mutual Holding Co.

Pedestrians are putting themselves at risk by sending messages and chatting on phones, according to a U.S. survey by the Boston based insurer. One quarter of people say they text or send e-mails while crossing the street and 51 percent talk on the phone, according to the survey. Three-quarters of respondents said they didnt consider it dangerous to have a phone conversation while crossing.

People think a problem, an accident, a crash, a pedestrian being hit, its not going to happen to me, Dave Melton, who helps oversee safety initiatives at Liberty Mutual, said in an interview. People are not as capable of multitasking as they think they are.

Liberty Mutual, State Farm Mutual Automobile Insurance Co. and Allstate Corp. (ALL) are among insurers that have sought to limit distractions on the road as consumers increase use of mobile phones. Sales of Apple Inc. (AAPL)s iPhone jumped to about 125 million units in the most recently completed fiscal year from 40 million two years earlier.

The number of U.S. pedestrian deaths climbed 3 percent in 2011 from a year earlier to 4,432, even as driver fatalities fell for a sixth straight year, according to data from the National Highway Traffic Safety Administration.

Nine in 10 people said it is dangerous to read or send messages behind the wheel, according to the Liberty Mutual survey. Still, 38 percent said they engage in such activity.

Almost three quarters of pedestrian fatalities occurred in urban areas, the NHTSA said in an analysis of 2010 data. More than two-thirds of them occurred at night.

Drivers involved in fatal U.S. car crashes were more often lost in thought than distracted by phones, according to an Erie Insurance Group analysis of crash data. Daydreaming and being lost in thought was the distraction 62 percent of the time, compared with 12 percent for mobile-phone use, Erie said.

Liberty Mutuals findings are based on a survey of 1,004 U.S. adults by telephone in April. The margin of error is 3.1 percentage points, the insurer said.

To contact the reporter on this story: Zachary Tracer in New York at ztracer1@bloomberg.net

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Walkers Put Phones Over Safety, Liberty Mutual Says

Walking while texting can put pedestrians at risk, Liberty Mutual survey says

By Chris Reidy, Globe Staff

Once pedestrians flourished stout sticks and walking canes; now thanks to smartphones and mobile devices, many text while they stroll, and that can lead to distracted street-crossing, a new survey finds.

The survey is from Boston-based Liberty Mutual Insurance. According to the Liberty Mutual Insurance Pedestrian Safety Survey, 60 percent of pedestrians walk while texting, e-mailing, talking on the phone, or listening to music despite the fact that 70 percent of respondents consider those behaviors to be dangerous.

In 2010, there were 4,280 pedestrian deaths in traffic crashes, a 4 percent increase from the previous year, said Liberty Mutual, citing industry data.

The press release about the survey included a statement from David Melton, a driving safety expert with Liberty Mutual Insurance and managing director of global safety.

The reality is that neither drivers nor pedestrians seem to actually realize the dangers of their distracted behaviors, Melton said. The fact that drivers and pedestrians continue to engage in dangerous habits, despite claiming to recognize the risk, suggests that the majority of Americans are taking a cavalier, it wont happen to me attitude. As the weather warms up and we head into the summer driving season, pedestrians and drivers need to take extra precautions to ensure the safety of everyone on the roads, whether on foot or behind the wheel.

Liberty Mutual said it commissioned the survey from Ketchum Global Research & Analytics, which conducted a nationwide phone survey of 1,004 adults from April 1through April 10.

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Walking while texting can put pedestrians at risk, Liberty Mutual survey says

Liberty Global Gets Virgin Media – Analyst Blog

Liberty Global Inc. ( LBTYA ) finally completes the acquisition of the British cable MSO, Virgin Media. On Feb 2013, Liberty Global decided to acquire a 100% stake in Virgin Media in a cash and equity deal. The deal is worth around $15.8 billion or an enterprise value of nearly $23.3 billion.

On Jun 7, the company declared that it has finally received shareholders' approval, regulatory approvals including both the U.S. and European and completed other customary closing conditions to acquie Virgin Media.

The acquisition makes Liberty Global the largest cable TV MSO (multi service operator) in the world, surpassing Comcast Corp. ( CMCSA ), the largest cable MSO of the U.S. Together, Liberty Global and Virgin Media will have approximately 25 million subscribers compared with nearly 22 million subscribers of Comcast.

In the U.K., the merged entity will become a formidable challenger to British Sky Broadcasting Group plc., which is the largest pay-TV operator in the U.K. and is partially controlled by News Corp. ( NWSA ).

Liberty Global is gradually establishing a strong foothold in the European cable TV market. On Apr 2013, Liberty Global acquired a 12.65% ownership of Ziggo, the largest cable MSO in the Netherlands. Ziggo also competes with telecom operators such as, Royal KPN N.V. and Vodafone Group plc. ( VOD ). Liberty Global currently has a Zacks Rank #3 (Hold).

We believe that the long-term business fundamental of the company is very intriguing, primarily due to a strong demand for its digital cable-TV services, faster broadband and triple-play bundled offerings. Acquisition of Virgin Media will enable Liberty Global to explore U.K., which is one of the most lucrative markets in Europe.

In the coming years, we believe Liberty Global's revenues will continue to benefit from a 'triple play' of video, broadband, and telephone, as it signs up more "bundled" customers in Europe. The triple-play customer base grew 13.8% year over year in the first quarter of 2013.

The company is also concentrating on its double-play product, Internet and telephony, which has the potential to expand. The double-play customer base penetration nudged by 5.9% year over year in the last reported quarter.

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Dionne: Libertarianism’s Achilles’ Heel

WASHINGTON In politics, we often skip past the simple questions. This is why inquiries about the fundamentals can sometimes catch everyone short.

Michael Lind, the independent-minded scholar, posed one such question last week about libertarianism that I hope will shake up the political world. Ill get to his query in a moment. Its important because many in the new generation of conservative politicians declare libertarianism as their core political philosophy.

Libertarians have the virtue, in principle at least, of a very clear creed: They believe in the smallest government possible, longing for what the late philosopher Robert Nozick, in his classic book Anarchy, State and Utopia, called "the night-watchman state." Anything government does beyond protecting people from violence or theft and enforcing contracts is seen as illegitimate.

If you start there, taking a stand on the issues of the day is easy. All efforts to cut back on government functions public schools, Medicare, environmental regulation, food stamps should be supported. Anything that increases government activity (Obamacare, for example) should be opposed.

In his bracing 1970s libertarian manifesto For a New Liberty, the economist Murray Rothbard promised a nation that would be characterized by "individual liberty, a peaceful foreign policy, minimal government and a free-market economy."

Rothbards book concludes with boldness: "Liberty has never been fully tried in the modern world; libertarians now propose to fulfill the American dream and the world dream of liberty and prosperity for all mankind."

This is where Linds question comes in. Note that Rothbard freely acknowledges that "liberty has never been fully tried," at least by the libertarians exacting definition. In an essay in Salon, Lind asks:

"If libertarians are correct in claiming that they understand how best to organize a modern society, how is it that not a single country in the world in the early 21st century is organized along libertarian lines?"

In other words, "Why are there no libertarian countries?"

The ideas of the center-left based on welfare states conjoined with market economies have been deployed all over the democratic world, most extensively in the social democratic Scandinavian countries. We also had deadly experiments with communism, aka Marxism-Leninism.

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Dionne: Libertarianism’s Achilles’ Heel

Libertarianism’s Achilles’ heel

WASHINGTON In politics, we often skip past the simple questions. This is why inquiries about the fundamentals can sometimes catch everyone short.

Michael Lind, the independent-minded scholar, posed one such question last week about libertarianism that I hope will shake up the political world. Ill get to his query in a moment. Its important because many in the new generation of conservative politicians declare libertarianism as their core political philosophy.

Libertarians have the virtue, in principle at least, of a very clear creed: They believe in the smallest government possible, longing for what the late philosopher Robert Nozick, in his classic book Anarchy, State and Utopia, called the night-watchman state. Anything government does beyond protecting people from violence or theft and enforcing contracts is seen as illegitimate.

If you start there, taking a stand on the issues of the day is easy. All efforts to cut back on government functions public schools, Medicare, environmental regulation, food stamps should be supported. Anything that increases government activity (Obamacare, for example) should be opposed.

In his bracing 1970s libertarian manifesto For a New Liberty, the economist Murray Rothbard promised a nation that would be characterized by individual liberty, a peaceful foreign policy, minimal government and a free-market economy.

Rothbards book concludes with boldness: Liberty has never been fully tried in the modern world; libertarians now propose to fulfill the American dream and the world dream of liberty and prosperity for all mankind.

This is where Linds question comes in. Note that Rothbard freely acknowledges that liberty has never been fully tried, at least by the libertarians exacting definition. In an essay in Salon, Lind asks:

If libertarians are correct in claiming that they understand how best to organize a modern society, how is it that not a single country in the world in the early 21st century is organized along libertarian lines?

In other words, Why are there no libertarian countries?

The ideas of the center-left based on welfare states conjoined with market economies have been deployed all over the democratic world, most extensively in the social democratic Scandinavian countries. We also had deadly experiments with communism, aka Marxism-Leninism.

Continued here:

Libertarianism’s Achilles’ heel

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Work commences at BIG’s Faroe Islands mega-school

The Faroe Islands Education Center (Image: BIG)

Danish-origin architect Bjarke Ingels Group (BIG) has announced that ground has been broken at the future cite of its Faroe Islands Education Center, which will become something of a mega-school on Denmark's self-governing archipelago midway between Iceland and Norway.

The most interesting thing about this 19,000 sq m (205,000 sq ft) building is its shape, which BIG describes as "a vortex, radiating out towards its surroundings." The building is comprised of five p-shaped stories stacked loop over loop. The tail of each p protrudes at a different angle, which will provide each level with unique views of the surrounding mountains or nearby harbor.

Situated in the Faroe Islands' capital, Torshavn, the building will amalgamate three existing schools: the Faroe Islands Gymnasium, Torshvan Technical College and the Business College of the Faroe Islands, each of which will be allocated a story of the building. Students from each will be able to intermingle in the rotunda formed at the center of the building's loops.

Collectively, 1,200 students and 300 teachers will walk the halls upon completion in 2014.

Source: BIG

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Work commences at BIG's Faroe Islands mega-school

Islands closer after pulling together for tug of war

June 8, 2013, 1 p.m.

Teams from Lamb and Macleay islands pitted their strength for Sunday's Inter-Island Tug of War. Photos: John Peacock

Teams from Lamb and Macleay islands pitted their strength for Sunday's Inter-Island Tug of War. Photos: John Peacock

Teams from Lamb and Macleay islands pitted their strength for Sunday's Inter-Island Tug of War. Photos: John Peacock

Teams from Lamb and Macleay islands pitted their strength for Sunday's Inter-Island Tug of War. Photos: John Peacock

Teams from Lamb and Macleay islands pitted their strength for Sunday's Inter-Island Tug of War. Photo: Peter Dowling

Bulldogs Tug of War team. Photo: Neville Prosser

The kids challenging the Bulldogs. Photo: Neville Prosser

President of Macleay Island Lions Club Colin Scoble presents Pub Paradise captain Chris Keyes the winning trophy. Photo: Neville Prosser

Jubilation as the Pub Paradise accepts the trophy. Photo: Neville Prosser

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Islands closer after pulling together for tug of war

Cayman Islands bankers defend rules ahead of trade nominee vote

Enlarge Photo

A day before President Obamas pick to be the nations top trade negotiator faces a Senate committee vote, Cayman Islands officials defended their banking system and the kinds of offshore investments that have gotten the trade nominee into some hot water on the road to confirmation.

Michael Froman, now deputy national security adviser for international economic affairs, was questioned closely last week after he revealed he has about $500,000 in Cayman Islands bank accounts in a filing with the Senate Finance Committee, which is reviewing his nomination. GOP senators highlighted Mr. Obamas own criticisms of 2012 rival Mitt Romney over his offshore bank holdings in pressing Mr. Froman, who was an executive at Citigroup before joining the Obama White House.

Cayman Finance, a trade association for financial services firms on the Islands, shot back Monday. The group said its members offer perfectly legal options for investing, even though they have been mischaracterized by recent media reports and political backlash concerning Mr. Fromans Cayman investments.

We believe the mischaracterization of Mr. Fromans investment as far as how it reflects on the Cayman Islands as a financial services jurisdiction needs to be corrected, Cayman Finance said in a statement to the media.

The focus of these various reports, which seems to cast a shadow over what is otherwise legal and well-regulated activity in the Cayman Islands, is unfortunately misguided and driven largely by the domestic political environment in the U.S., the group added.

Mr. Froman, who would replace former U.S. Trade Representative Ron Kirk, is expected to be approved in a Senate Finance Committee vote Tuesday. If his nomination passes the committee, it will go to the Senate floor for final approval.

The next U.S. trade representative will have his hands full negotiating pacts with both the European Union and a handful of Asia-Pacific nations. In his confirmation hearing last week, Mr. Froman pressed Congress to give President Obama the expired fast-track authority to negotiate major trade deals that lapsed six years ago.

Republicans used last weeks confirmation hearing to label Mr. Obama as a hypocrite for submitting yet another nominee who has an offshore bank account in his personal financial portfolio, after he attacked Mr. Romney for the same thing during last falls presidential campaign.

Sen. Orrin G. Hatch of Utah, the ranking Republican on the panel, noted that President Obama had nominated two other people with financial ties to the Cayman Islands, including Treasury Secretary Jack Lew.

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Cayman Islands bankers defend rules ahead of trade nominee vote

Sabah islands set to become international marine research centres

Sabah islands set to become international marine research centres

By News Desk in Kota Kinabalu/ Sabah/The Star/11 June 2013 =

Kota Kinabalu (The Star/ANN) -: Three islands in Sabah - Billean, Lankayan and Tegaipil - are set to become part of a centre for international research into tropical coral reef ecosystems.

The centre, which encompasses the islands under the Sugud Islands Conservation Area, off Sabah's east coast, will also see efforts being undertaken to restock commercially important and threatened marine species in the state.

The Sugud Islands Marine Research Centre (SIMRC), covering 46,317ha in shallow reef area, was set up following a memorandum of understanding signed between the Sabah Wildlife Department, Reef Guardian Sdn Bhd and Cardiff University on Sunday.

State Assistant Tourism, Culture and Environment Minister Pang Yuk Ming, who witnessed the signing, said the centre would enhance research and conservation of the marine ecosystem and scientifically assess the success of the conservation area.

"This will definitely increase the interest of local and international scientists for coral reef ecosystem research in the region as well as boost eco-tourism in the east coast of Sabah," he said.

Cardiff University research associate Dr Benoit Goossens said the centre would provide a world-class education and research facility with the necessary structure and resources to study advanced marine ecosystem science, particularly in the field of small tropical islands and coral reef ecology.

"We will offer field courses to our students and others to undertake training at the centre," he said.

He added that, among others, it would help to raise funds for goods and extra laboratory equipment.

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Sabah islands set to become international marine research centres