Author: Serkadis

  • Wine press discovered in southern Israel

    Daily Mail

    With photographs.

    Israeli archaeologists have discovered an unusually shaped 1,400-year-old wine press that was exceptionally advanced for its time.

    The octagonal press measures 21ft by 54ft and was discovered in southern Israel, around 25 miles south of both Jerusalem and Tel Aviv.

    At the time the press would have been used, the whole area was part of the Byzantine Empire – the eastern half of the old Roman Empire.
    wine press

    Vintage: Archaeologists have discovered a 1,400-year-old wine press in southern Israel which was very advanced for its time

    Excavation director Uzi Ad, of the Israel Antiquities Authority, said: ‘What we have here seems to be an industrial and crafts area of a settlement from the sixth to seventh century, which was situated in the middle of an agricultural region.

    ‘The size of the wine press attests to the fact that the quantity of wine that was produced in it was exceptionally large and was not meant for local consumption.’

    The wine was probably intended for export to Egypt, then a major export market, or to Europe, he added.

  • Senior High School Portraits Gone Horribly Wrong

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    Remember back in high school when your portrait in the yearbook meant everything to you? You had to make sure you looked super awesome in it.

    Then there are the folks whose senior portraits just went horribly wrong. Fortunately for us, SexySeniorPhotos.com captures it all. Here are a few lowlights:

    B2777CAE-457C-4E3A-B953-2DF01E7AF126.jpg

    8D375152-6EA7-4682-BC3C-22F5C97129F0.jpg

    8A64C714-533C-471D-A799-12D4B1FED5E2.jpg

    For more hilariousness, check out SexySeniorPhotos.com.

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    1. A Taste of Old School Bruno
    2. Embrace Your Inner Nerd at ‘Dork Yearbook’
    3. High Tech Fart Detector Measures Your Flatulence

  • Morgan Stanley: Don’t Be Fooled, The Chinese Aren’t Really Tightening Lending At All

    Morgan Stanley weighs in on the much-talked about raising of the Chinese reserve requirement ratio.

    The take of analyst Manoj Pradham? Contrary to what people around the world assumed, the People’s Bank of China isn’t really tightening at all — just managing liquidity.

    Which measure of liquidity? To correctly interpret whether
    central banks are really tightening policy or simply managing
    liquidity, it is important to distinguish between funds within the
    banking system and those that are available to private
    individuals and institutions in the real economy (see “Liquidity
    Liquidation?” The Global Monetary Analyst, January 27,
    2010). When central banks drain an excess of funds within
    the banking system, the operations usually leave behind
    sufficient funds for the smooth functioning of interbank
    borrowing/lending. There is therefore little impact on the cost
    of funds for banks and consequently very little impact on the
    real economy. It is when policy rates are raised that the real
    economy is affected. Viewed from this perspective, it is clear
    that excess funds, if allowed to stay within the banking
    system, would in fact keep putting downward pressure on
    interbank lending/borrowing rates. 
    may simply be postponing the macro problem. Banks
    could move excess reserves into the real economy
    rather than back into reverse repos and term deposits.
     Policy tightening, when it begins, will still keep policy
    rates below neutral for all of 2010, keeping liquidity
    ample, abundant and augmenting.
     
    RRR hikes by the PBoC are similar in spirit to the RR
    operations expected from the Fed
    : The second RRR hike
    by the PBoC falls into the liquidity management category.
    According to our China economist, Qing Wang, the RRR
    hikes have been instituted in response to strong export growth
    and ensuing capital inflows (see page 12) that led to a rise in
    excess reserves (see Exhibit 1). The PBoC action should not
    be seen as having occurred despite a stable ratio of excess to
    total reserves, therefore implying a policy tightening. Rather, it
    is because of central bank draining operations – RRR hikes
    included – that the ratio is stable. Imagine if ER at the Fed
    had been stable after QE – one would have to assume that
    the Fed had been draining these reserves. And just as early
    draining of reserves at the Fed will not constitute outright
    policy tightening, the PBoC’s RRR hike is almost entirely
    about draining funds from within the banking system.

    chart

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  • Sun reaches the gods at Abu Simbel on 22/02

    Egypt Today

    Twice a year, on February 22 and October 22, the sun illuminates the statues of Ramses II, Ra and Amun in the sanctuary of the Great Temple of Abu Simbel. People flock to see the statues’ normally shadowed faces light up with the rays of the rising sun. The temple was aligned in antiquity so that this solstice would occur on Ramses II’s birthday and on the anniversary of his coronation.
  • Exhibition: To Live Forever

    New York Post (Stephen Brown)

    As the exhibition demonstrates, the lives of the lower classes can be more interesting and insightful than the dazzling opulence of the privileged few.

    “Typically upper-class material is shown at Egyptian exhibits,” said curator Edward Bleiberg. “Showing [burial] objects from the lower classes is a way for us to connect to the ancient Egyptians. Their problems are the same as ours: ‘How am I going to the pay the bills for this?’ ”

    Indeed, then, as now, everyone wanted to be comfortable in the hereafter.

    That explains one choice piece in the show: a sarcophagus for a commoner made from cheap clay and painted yellow to imitate the gold that would line a royal coffin, a desperate attempt to impress the gods.

    As the exhibit shows, Egyptians from pharaoh to plebeian were keen to pimp their coffins in a variety of creative ways, even if it meant defiling someone else’s.

  • Exhibition: A Collector’s Menagerie

    Art Daily

    The Sladmore Gallery, 57 Jermyn Street, St James’s, London, is renowned for exhibiting animal sculpture from the last 200 years, and has now invited Rupert Wace Ancient Art to introduce collectors to a veritable menagerie from the ancient world, spanning a period of some 2,400 years. A Collector’s Menagerie: Animal Sculpture from the Ancient World will be on view from Wednesday 12 to Friday 28 May 2010. Around 70 important and appealing pieces will be offered for prices ranging from £1,000 to over £150,000. . . .

    One of the best known Egyptian gods is Bastet represented by the cat and, indeed, the most prized piece in this exhibition is a handsome bronze mummy mask of a cat’s head, its large scale indicating that it would have belonged to a particularly important or venerated cat. Dating from the Late Dynastic Period, 25th-31st Dynasty, 715-332 BC, it was formerly in the Albright-Knox Art Gallery, Buffalo, New York, the bequest of Arthur B. Michael, 1941 (fig. 2). The female cat came to be associated uniquely with Bastet, an ancient goddess worshipped at Per-Bastet (Bubastis) in the Delta. The seated cat, an example of which is also included in this show, represents the goddess on earth and would have been the focus of ritual and worship in the temple (fig. 3).

    Other Egyptian animals and birds represented in the exhibition include bulls, baboons and crocodiles, falcons, vultures, ibis and owls, and these, like the cat, either represent gods or goddesses or are important protectors of the king. The materials used to represent them vary from gold and bronze to wood and terracotta.

  • Exhibition: Mummies of the World

    PR Newswire

    American Exhibitions, Inc. announced today that the City of Los Angeles has been chosen for the world-debut of Mummies of the World, the largest traveling exhibition of mummies ever assembled. Unlike any exhibition in history, Mummies of the World presents a never-before-seen collection of both accidental and intentionally preserved mummies, presented with reverence and dignity — and for the first time allowing one to scientifically and historically delve into the past lives and rich history of the world’s cultures, as it is presented at the California Science Center. This groundbreaking exhibit that opens July 1 will feature more than 150 objects and artifacts from the four corners of the globe.

    With its debut in Los Angeles – the entertainment capital of the world, where movie screen mummies are depicted as sometimes vengeful, this never-before-seen exhibition will dispel any preconceived notions about mummies. The exhibit will reveal how the scientific study of mummies provides a window into the lives of ancient peoples from every region of the world. In addition to its sheer scale and scope, a unique feature of this exhibition is its attention to state-of-the-art mummy studies.

  • Resource: Coptic Library Online

    COPTICA

    Most of the references listed are in French, with some in German and English.

    Le site personnel COPTICA est destiné aux étudiants en langue et littérature copte ainsi qu’aux amateurs intéressés. Les uns y trouveront les textes et indices nécessaires à la poursuite de leur cursus universitaire (baccalauréat et maîtrise), mais aussi des liens essentiels. Les autres y trouveront informations et outils de travail.
  • Parents speak out against proposed SD201U cuts

    Supporters of the band program in Crete-Monee School District 201U Tuesday criticized a proposal to eliminate the program to help the district cut a $6 million deficit.

    Some 600 parents and students attended Tuesday’s budget reduction hearing, which was held in the auditorium of Crete-Monee High School.

    “What you’re losing is your school’s fight song,” said Zach Nelson, a 2005 graduate and member of the school’s band. “There will be no Pomp and Circumstance at graduation.”

    Nelson, a senior at Eastern Illinois University, challenged school board members to avoid listening to music for two weeks if they believe the band program has no value to the district.

    “Band also gives these students a place to belong,” said Sarah Brazee, an art teacher at Coretta Scott King Magnet Scott in University Park.

    Several parents said band should not be a casualty of budget cuts when funding for sports programs is not being reduced.

    The district has proposed eliminating the band program because it has the highest cost-per-student ratio of any extracurricular program, officials said.

    Many parents wore “I Love Band” stickers, and the band’s two drum majors attended the meeting in full uniform.

    Mary Ann Moscatel, whose daughter Tina is one of the drum majors, said she plans to enroll her daughter at Marian Catholic High School in Chicago Heights next year if the Crete-Monee band is eliminated.

    “How am I going to apply for scholarships if she hasn’t marched in two years?” Moscatel said Wednesday.

    Moscatel said she doubts the band program will be preserved.

    “I’m not hopeful,” she said.

    Other parents attended the three-hour hearing to protest a proposal to consolidate the district’s kindergarten program at Talala School in Park Forest. Currently, the district maintains kindergarten classes at five schools.

    “My main concern is putting my 5-year-old on a bus and sending her two towns over,” said Jenny Nolte, a Monee resident. “We need to think about the kids. The whole thing is about the kids.”

    Board president David Sevier said he realizes the budget cuts will affect some members of the district community more than others.

    “These are tough decisions,” Sevier said. “We have to make decisions for the district as a whole.”

    The school is expected to vote on the proposed budget cuts at its March 15 meeting.

    Supt. John Rodgers opened the hearing with a presentation outlining the district’s financial situation as well as the budget cuts under consideration.

    The district’s goal is to eliminate deficit spending by 2014 by increasing revenue, reducing operation services costs and eliminating programs and staff, Rodgers said.

    The budget reduction plan calls for $3.6 million to be cut from the education fund for the 2010-11 school year. The biggest cuts have to be implemented in the first year of the reduction plan in order to balance the budget in the education fund within three years, officials said.

    Proposed program and staff reductions include cuts in administrative and managerial positions, support services, electives and extracurricular programs. Additionally, the district is considering increasing class sizes and closing one of its schools, Rodgers said.

    “Because the gap is so large, we had to look at reducing programs,” he said.

    As of January, the state comptroller was behind on cutting $1.8 million worth of checks to the district. If they don’t get that money, the deficit will soar higher.

    “It’s our revenue that’s not in our control,” said Rodgers.

    The district has enacted a hiring freeze for several positions and is holding off on raises for many non-union workers.

    Most drastic, however, is a move to lay off all non-tenured first-, second-, third- and fourth-year teachers – more than 100 of 300-plus teachers in the district – before rehiring some of them back before the next school year.

    Teachers will receive formal notification in March. Rodgers said it was too early to know how many teachers will return for the next school year.

    Distributed via Chicago Press Release Services


  • Frankfort museum wants to partner with village

    The KidsWork Children’s Museum is apparently growing as fast as its little patrons.

    Officials of the 1-year-old Frankfort attraction want larger, more permanent space and asked the village to join the effort.

    “We are looking for a partner to grow this together,” KidsWork treasurer Jay Walsh said.

    The downtown museum has been successful in its 6,700 square feet of space in the Trolley Barn, but officials hope to take it to the next level, by providing better space.

    They also want to reduce the $67,000 rent they now pay annually, to free up money for more programs and events.

    Museum board members met Tuesday with the Frankfort Village Board to discuss their long-range proposal. Village trustees were hesitant to make a financial commitment but agreed to form a committee to explore their options. The lease expires in 2011 with an option to extend it for two more years.

    Gina Carrara, museum president, said there are several buildings that would work well, including the former Fox Lumber site, but that may take a few years to develop.

    “We get a lot of people from the Lincoln-Way area. We want to stay close to where we started,” she said. KidsWork is a regional draw to the downtown area, which the village is trying to revitalize, Carrara said. “We’re not asking for a handout. We’re asking you to be our landlord.”

    It opened in December 2008 as a play space and officially operated as a museum in June 2009 with eight permanent exhibits. Walsh estimated it receives 3,500 visitors per month, 28 percent of whom are Frankfort residents.

    Their wish list for a new facility includes an open floor plan with 10,000 to 12,000 square feet and enough space for expansion, outdoor learning, multi-room events, an expanded gift shop and a snack/coffee shop.

    “We realize this will not happen overnight,” executive director Carol Schneider said.

    This is the beginning of the museum’s long-range plan.

    But to be a partner with the village may come with strings attached.

    “When you get into bed with the government, certain rules have to be followed,” Mayor Jim Holland said. “The government will take a certain amount of control. You would be handing it over.”

    A museum needs a tax source, and the village would have to raise taxes to support it, he said.

    Trustee Dick Trevarthan said the best fit might be with the park district.

    The mayor suggested the creation of a new committee be referred to another committee – the village’s community services committee, which meets March 10.

    Distributed via Chicago Press Release Services


  • Religious tug of war over girl at center of custody fight

    An already ugly divorce and child custody fight in Chicago has given way to a battle over religion.

    On Tuesday, 35-year-old law student Joseph Reyes, of the city’s Mount Greenwood community, was arraigned on charges he violated a temporary restraining order that says he can’t expose his 3-year-old daughter to any religion other than Judaism.

    The order was sought by his estranged wife.

    Reyes, who is Catholic, acknowledges he took their daughter, Ela, to Holy Name Cathedral on Jan. 17 – accompanied by a local television news crew – and that’s what landed him in trouble most recently.

    “This is, in her mind, more about control,” Reyes said of his estranged wife.

    At issue is a disputed agreement that the one-time couple would raise the girl in the Jewish faith.

    While Joseph Reyes said he converted to Judaism after his daughter was born, he insists he and his wife never agreed to raise the girl in the Jewish faith, that they never kept a kosher home, rarely observed the Sabbath and went to services only a few times together with the child.

    Reyes said the couple participated in a naming ceremony or a Jewish “welcome” ceremony for newborns “just after” their daughter was born.

    After the pair split, the law student decided to expose his daughter to the Catholicism he practices – and says the case goes to the heart of the Constitution: freedom of religion.

    While she wasn’t at the hearing and her attorneys didn’t wish to talk about the case, Rebecca Reyes – the girl’s mother – sought a temporary restraining order in December after Joseph Reyes sent her a photo of their daughter’s November baptism at Queen of Martyrs Catholic Church in Evergreen Park, according to court records.

    “I sent her pictures, which she took as malicious,” Reyes said, saying that sharing the photos was simply a chance to show the girl all dressed up and enjoying the occasion.

    Rebecca Reyes’ attorneys filed a contempt of court case against Joseph Reyes after he took the girl to the cathedral.

    If Joseph Reyes is found in violation of the order, he could face as much as six months in jail and a $500 fine.

    The couple, who met through Joseph Reyes’ boxing coach, married in 2004.

    After having a child, Joseph Reyes said, he converted to Judaism, but only because he felt pressured by his wife’s family.

    He felt torn during the marriage about whether to introduce the toddler to his religion or wait for her to discover it on her own.

    “Rebecca pushed me in the direction of waiting to come by it on her own,” he said, insisting again there was no agreement to raise the girl Jewish. “Maybe Rebecca decided unilaterally, but I never signed on to that.”

    Distributed via Chicago Press Release Services


  • Yahoo Mail Finally Gets a Calendar Tab

    Yahoo Mail is getting a much needed feature, which is some time overdue. When the new Yahoo Mail was launched, not exactly recently, several features got left behind leading to quite an uneven experience. One minute you’re in the ‘new’ Yahoo Mail, the next you’re in another window in Yahoo Calendar sporting the same ‘old school’ look it has for several yea… (read more)

  • The Black Pyramid

    drhawass.com

    There’s a good aeriel photograph of the Black Pyramid of Amenemhat III at Dashur on the above address. Here’s the caption:

    Aerial view of the pyramid of Amenemhat III at Dashur. Called the Black Pyramid because of its dark color, it was built in the Middle Kingdom, and the interior contains a complex system of tunnels and chambers. Due to the removal of the outer limestone casing, the pyramid has fallen into ruin.

    There’s a summary of what is known about the pyramid at the same site.
    www.drhawass.com/blog/pyramids-dashur-3-black-pyramid

  • Photo for Today – Medinet Habu

    I’m afraid that you’re going to have to wait until I’m back in London for the remainder of Lucia’s terrific Amarna photographs. Instead, the next ones will be a selection from my laptop – which now has more than desert photographs!

    As today’s lead post is about Medinet Habu I decided to go with a couple of very small photographs of the temple, taken in 2002. Sorry that they cannot be expanded, but if anyone particularly wishes to see a bigger copy/ copies let me know and I’ll re-scan them when I return to London.





  • JPMorgan: Load Up On Risk, Stay Long The US Dollar, And Try To Avoid Europe

    (This post originally appeared at the author’s blog)

    Few of the big research outfits have been as prescient as JP Morgan.   At the end of January they said any downturn should be bought.  With the market 6% off the lows it looks like they’re on pace to be correct.  They have been big proponents of the recovery trade and have nailed the fundamental reasons to remain long.  Although they acknowledge that the recovery remains vulnerable they believe it continues nonetheless:

    The most important issue remains where the world economy is headed. The recovery probably started in the middle of last year. It remains vulnerable, narrow, and weak by historical standards. And it will take years to repair the damage done to public and private sector balance sheets. Our economists have rightly called this a “bounce toward malaise.”

    The primary driver of the rally going forward will be the continued skepticism by investors.  Although the recovery has been less than robust it has outpaced expectations and JP Morgan believes this trend will  continue:

    But given how low our and the consensus growth forecasts are, market participants know already that the economic future is not bright. The issue for markets is whether this collective pessimism about the future is getting worse or is slowly fading.

    Although several risks have developed over recent weeks they do not see any reason why the recovery will be interrupted:

    Our medium-term strategy of being long risky assets depends on both the global recovery strengthening, or at least not weakening, and fading risks and growing confidence around this recovery. Markets have focused on three sources of uncertainty—monetary tightening, fiscal tightening, and renewed delevering. Our view remains that over this year, these risks are less acute than the risk premia we are getting paid, in particular in equities.

    How to play the recovery going forward?  JP Morgan likes the risk trade with the exception of Europe.  In forex they like the dollar going forward:

    • Asset allocation: A lot of risks are bothering investors, but to us, they are outweighed by the upward momentum of global growth and earnings.
    • Economics: Activity data are stronger in US, Japan, and EM, but much weaker in Europe. Inflation data are soft, signaling that central banks are unlikely to over-tighten.
    • Fixed income: Stay short duration. EU support underpins EMU high-deficit markets. Turn neutral on the Agency MBS basis, from underweight.
    • Equities: The risk of premature fiscal tightening hurts Europe. Companies that generate most of their revenues domestically look set to underperform.
    • FX: Stay long USD versus AUD, NZD, NOK, and SEK.
    • Commodities: Stay long.

    Source: JP Morgan

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  • And, Of Course, Class Action Lawsuit Filed Against Google Over Buzz

    I definitely agreed with others that Google’s failure to realize the potential privacy problems of automating followers based on who you talk to the most — and then making that info public — was a privacy mistake, but is it worth a class action lawsuit? To lawyers, of course it is. These days, if you do anything that people don’t like, you can pretty much expect a class action lawsuit that really serves only one purpose: to enrich the lawyers bringing the class action lawsuit. So, it comes as no surprise that a class action lawsuit have been filed against Google for the Buzz privacy mishap. But, really, is this necessary? The company quickly admitted it had made a mistake and changed things. At this point, what good does a class action lawsuit do? It’s not like the company hid something bad and tried to avoid taking responsibility for it. Class action lawsuits can have real value, but in this case, it’s a pure money grab.

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  • MEDTEC

    B+B Thermo-Technik GmbH
    your partner for measurement technology
    “Made in Germany“
    exhibits on MEDTEC Europe in hall 6, booth #125

    Innovations and new designs require a powerful, stable and reliable partnership. This is what B+B Thermo-Technik from Donaueschingen, Germany, stands for with its over 25 years experience in the measurement technology.

    B+B Thermo-Technik, manufacturer of temperature-, humidity- and gas sensors from one source, exhibits its solution competence in the measurement technology, this year on the MEDTEC Europe, which runs from March 23rd to March 25th at the new fairground in Stuttgart.

    A close cooperation ensures customized solutions of our measurement systems. B+B accompany the customers reliable from the initial idea to the final product.

    Completely assembled connecting cables with a huge variety of connecting choices will be additionally exhibited.

  • EAO becomes first HMI supplier with IRIS certificate, revision 2

    EAO, the expert partner for Human Machine Interfaces, has become the first switch manufacturer to receive the IRIS (International Railway Industry Standard) quality standard certificate, revision 2.
    The Swiss headquarters and production plant, EAO AG, was awarded the IRIS Rev.02 certificate – the world’s latest and most stringent quality requirement placed on a company whose products are used in the railway industry – following a rigorous inspection in November 2009.
    Kurt Loosli, CEO, said: „We pride ourselves on being the sole manufacturer within this product segment to have received the certificate. This underlines the high quality of our products and our employees.“
    EAO supplies the global rail industry with the Series 56 door opener alongside many other switches, control panels and HMI devices. It is also certified to ISO 9001:2008 and ISO 14001:2004.
    The IRIS standard, in conjunction with ISO 9001:2000, was established by the European Rail Industry, UNIFE, to enable railway equipment manufacturers to meet globally recognised levels of quality for their railway components.
    IRIS offers an efficient and transparent system for auditing railway suppliers. It replaces the individual management system evaluations of at least four of the founders of this initiative (Alstom Transport, AnsaldoBreda, Bombardier Transportation, Siemens Mobility).

  • MWC 10: HTC HD mini handson video

    Here we have a 7 minute fondle of the new HTC HD2 mini.  The device is obviously well designed, and we can see pinch to zoom both in Opera and IE (which seems to be the default browser). The browser itself appears surprisingly responsive for a 600 Mhz processor, suggesting Microsoft has continued working on speeding up IE Mobile.

    Also of note is that the version of TouchFlo is 2.5, and not the earlier 2.1 designed for slower processors.

    Lastly, looking at the text on the screen, I feel the lower Half VGA resolution is quite noticeable.  What do our readers think? Let us know below.