World stocks choppy on tepid China recovery signs

BANGKOK (AP) ? Global stock markets were choppy Friday after China reported improved but still tepid economic data.

Producer prices, or the price of goods as they leave factories, fell in July but at a slower rate than the month before ? a sign that demand may be strengthening following a prolonged slump. Production prices fell 2.3 percent compared with a year earlier, but the result was better than June's 2.7 percent drop, the government reported. Food prices rose 5 percent.

Retail sales and industrial production data were mixed. The official Xinhua News Agency quoted the National Bureau of Statistics as saying that retail sales grew 13.2 percent in July from a year earlier, slightly down from June's growth rate. However, industrial production grew 9.7 percent, up from June's 8.9 percent and the highest year-on-year growth in five months.

"The biggest concern amongst these numbers here is the rise in food prices ... making it difficult for Chinese authorities to take any measures to loosen policy further, to boost growth," Michael Hewson of CMC Markets said in an email.

European stocks were mixed in early trading. Britain's FTSE 100 rose 0.2 percent to 6,543.16. Germany's DAX shed 0.2 percent to 8,305.8 and France's CAC-40 lost 0.2 percent to 4,056.02.

Wall Street looked headed for early losses. Dow Jones industrial futures were down 0.2 percent to 15,416. S&P 500 futures were 0.2 percent down at 1,689.70.

On Thursday, customs data showed Chinese exports and imports both increased in July, beating expectations and easing concerns over the slowdown that has dragged down growth in the world's second-biggest economy to a two-decade low.

Japan's Nikkei 225 index vacillated throughout the day but ended 0.1 percent higher at 13,615.19. South Korea's Kospi gave up early gains to close 0.2 percent lower at 1,880.71.

Hong Kong's Hang Seng gained 0.7 percent to 21,807.56. Australia's S&P/ASX 200 fell 0.2 percent to 5,055.20, dragged down by losses in the banking sector.

China's Shanghai Composite Index gained 0.4 percent to 2,052.24 and the Shenzhen Composite Index for China's second, smaller stock market gained 0.2 percent to 996.42.

Geely Automobile Holdings jumped 5.8 percent in Hong Kong while Greatwall Motor advanced 4.7 percent. Linus Yip, strategist at First Shanghai Securities in Hong Kong, said consumer and auto shares were advancing on the back of improving sentiment, due to the perception of a modest improvement on the Chinese mainland.

"The economy in mainland China is coming back gradually so the market focus returns to consumer stocks. I think it's reasonable," Yip said.

Benchmark oil for September delivery was up 40 cents to $103.80 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 97 cents to close at $103.40 on the Nymex on Thursday.

In currencies, the euro rose to $1.3383 from $1.3377 late Thursday. The dollar fell to 96.64 yen from 96.82 yen.

___

AP researcher Fu Ting contributed from Shanghai.

Source: http://news.yahoo.com/world-stocks-choppy-tepid-china-recovery-signs-093754815.html

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Google Webmaster Tools Shows Your Manual Spam Actions

Google announced the introduction of a new awesome feature in Google Webmaster Tools named manual action viewer.

The manual action viewer let's you see if your site currently has any manual actions applied to it. So if you have paid links pointing to your site, if you are hiding text or if you have user generated content spam - you can learn about it in the manual spam action viewer without Google having to send you an email about the issue.

Google said it is unlikely for you to see anything in that manual action section because "under 2% of domains" in the Google index "are manually removed for webspam," according to Google.

Here are some examples of what you may see.

No Manual Action:

Linking Out Badly Manual Action:

In addition to this, Google has documented most, if not all, of the manual actions you can get in their help center. You can see them over here.

You should click through to all those documents, there is good content there, many with videos. This can help you learn Google's mindset to these manual actions and help clients deal with them as they come up.

I have summarized them all in one page named Google's manual actions search spam.

Forum discussion at Google Webmaster Help, WebmasterWorld, BlackHat Forum, John Muller Google+ & Matt Cutts Google+.

Update: There is an issue and Google took it offline. Cutts wrote on the blog:

Update (12:50pm PT, August 9th): Unfortunately we've hit a snag during our feature deployment, so it will be another couple days before the feature is available to everyone. We will post another update once the feature is fully rolled out.

Source: http://feeds.seroundtable.com/~r/SearchEngineRoundtable1/~3/5JFqW4e0sm4/google-manual-actions-viewer-17203.html

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Book Review : The Attacking Ocean: The Past, Present, and Future of Rising Sea Levels by Brian Fagan

Review by Erin Wayman

By Brian Fagan

Web edition: August 9, 2013
Print edition: August 24, 2013; Vol.184 #4 (p. 30)

The threat of rising seas is not new. Since the last Ice Age began windingdown 15,000 years ago, the ocean has ascended 120 meters in a series of pulses. But when the world was thinly populated, small bands of hunter-gatherers could pick up and go when the sea surged. Now that hundreds of millions of people are settled in crowded coastal cities, the rising seas predicted for a warming world are more dangerous than ever, argues Fagan, an archaeologist.

Fagan chronicles the history of the climbing oceans and their influence on the development of early civilizations such as those of ancient Egypt and Mesopotamia. He also shows how modern societies from New Orleans to Shanghai continue to feel these effects. Without hyping the risks, Fagan provides solid geological, archaeological and historical evidence to support his arguments about what the future may hold.

Submerged land is but one hazard humanity faces as polar ice melts and oceans expand. Sea level rise will also exacerbate flooding from tsunamis and hurricanes. Wetlands, marshes and mangroves provide a natural barrier against these disasters by, for example, staving off erosion, Fagan notes. But humans are increasingly bulldozing this protection to make way for cities and industry. Of course, people have developed their own ways to fight back the seas, with levees, seawalls and the like. But these barriers aren?t foolproof, and sometimes they create their own environmental problems.

Fagan offers no simple solutions for impending sea level rise over the next century ? because there aren?t any. But he warns that society has to start tackling the problem now.

Bloomsbury Press, 2013, 265 p., $28

Source: http://www.sciencenews.org/view/generic/id/352288/title/Book_Review__The_Attacking_Ocean_The_Past_Present_and_Future_of_Rising_Sea_Levels_by_Brian_Fagan

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French industrial production shrinks again in June

PARIS (AP) ? French industrial production continued to decline in June, widening the economic gap with Europe's largest economy, Germany, and raising concerns about its ability to emerge from recession.

France's national statistical agency, INSEE, said in a statement Friday that industrial production shrank 1.4 percent from a month earlier. That followed a 0.3 percent monthly drop in May. Within manufacturing, steep declines were recorded in the food and car industries.

France's figures stand in stark contrast to Germany, where industrial production grew 2.4 percent in June.

This is bad news for French President Francois Hollande. He's promised to reverse the rise in unemployment by the end of the year, but that is looking increasingly unlikely. Unemployment hit 10.8 percent in the first quarter, and some economists say it won't peak until at least next year.

The government sought to gloss over the June performance, with Finance Minister Pierre Moscovici saying he's "delighted at the favorable evolution." He pointed out that for the second quarter as a whole, manufacturing production was up 1.5 percent.

The International Monetary Fund this week called on Hollande's government to accelerate economic reforms, saying the rigid labor market, high taxes and inefficient public spending are dragging down the economy.

There are concerns a recovery may not get traction. France's economy is now officially in recession again, after gross domestic product shrank 0.2 percent in the first quarter.

INSEE will release its first estimate of second-quarter GDP on Aug. 14. The French government expects a 0.2 percent rise in growth during the quarter, bringing the country out of recession. But some independent analysts expect a flat reading and, after Friday's figures, the risk is GDP will undershoot expectations.

France's weak economy has raised concerns even in the U.S. Earlier this week, Dallas Federal Reserve President Richard Fisher said in an interview with German newspaper Handelsblatt that he was worried about the country, saying the financial risks there shouldn't be under estimated.

Source: http://news.yahoo.com/french-industrial-production-shrinks-again-june-102648053.html

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Craddick says she won't run for Texas Comptroller

Texas Railroad Commissioner Christi Craddick announced she will not run for Texas Comptroller in 2014. She will remain on the commission.?

Texas Railroad Commissioner Christi Craddick squashed rumors that she would run for Texas Comptroller in 2014, according to a statement posted on her Facebook page Wednesday afternoon.

"Over the last several weeks, I was encouraged by many supporters to consider running for Comptroller. I did give this opportunity considerable thought, however, I have concluded that I can best serve the people of Texas by continuing to oversee a stable and positive regulatory climate for Texas' thriving energy industry at the Railroad Commission of Texas. I do believe we need strong conservatives in office up and down the ballot and I intend to work hard to help Republicans win in 2014."

Fellow Railroad Commissioner Barry Smitherman announced in July that he would run for Texas Attorney General in 2014. The Republican said he wants to continue the "great work" done by current Attorney General Greg Abbot, who is running for governor.

The Texas Legislature passed a bill earlier this year that would have prohibited sitting commissioners from campaigning for public office but Gov. Rick Perry vetoed it.

Nicholas covers the energy and banking beats for the Dallas Business Journal. Subscribe the Energy Inc. newsletter

Source: http://feedproxy.google.com/~r/vertical_13/~3/zX1zhg2hA0g/craddick-says-she-wont-run-for-texas.html

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Leaders from South Africa's Institute for Security Studies, Business against Cri...

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Source: http://www.facebook.com/photo.php?fbid=10151824889469524&set=a.10151349968624524.544146.72161074523&type=1

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Union files appeal of A-Rod's suspension

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Source: recordonline.com --- Wednesday, August 07, 2013
CHICAGO ? The Major League Baseball Players Association has formally appealed Alex Rodriguez's 211-game suspension. ...

Source: http://recordonline.com/apps/pbcs.dll/article?AID=/20130807/SPORTS90/130809804/-1/rss02

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