Holidaymakers in Egyptian resort find it harder to relax as Egyptian protests continue The notice in Sharm el-Sheikh urges tourists to “continue their holidays as normal”, but tensions from the Egyptian uprising are beginning to seep down to the Red Sea resort. On the surface, visitors to the Sinai resort, which is still recovering from recent shark attacks, appear more worried about swimming restrictions than revolution. Pleasure boats were still taking daytrippers out to the Red Sea’s coral reefs and speedboats zipped up and down the coast, but some holidaymakers were anxious. Kjell Irgum, a Norwegian recently arrived in Sharm with friends, has yet to venture out of his hotel. “We’re pretty worried,” he said. “We see things on the TV. We are far from Cairo, but we are staying in our hotel for now.” Others had been unable to reassure their families because of intermittent mobile phone coverage – and the absence of the internet, blocked since Thursday. “My brother’s been trying to send me text messages asking if we’re OK,” said Hannah Davison from Much Wenlock, Shropshire. “We’re conscious of what’s happening – we’ve been watching the news – but it does feel as if we’re in a bubble here.” Pat and John Foote, a couple from Swindon newly arrived in Sharm, were a little surprised to have made it into the bubble at all. “I thought the plane might have been turned around,” said Mrs Foote. “I heard that France has stopped all its citizens from travelling here. And I worried about us going. It’s been all over the news at home and my family was saying, ‘Are you sure you should be going there?’ But now we’re here, it seems pretty relaxed.” Life in Sharm is not quite following its usual rhythms. Excursions to Cairo have been stopped – to the disappointment of some guests – and the bars and cafes are quieter than normal. There were reports that a group of Bedouins, nomads who live in the Sinai desert, had attacked Sharm’s old market. Workers in a cafe near the market said a group of Bedouin men had turned up to try to loot stalls, but were chased away by locals brandishing sticks. Stuart McLaughlin and Vicki Rose, from Nottingham, said they had ventured out into Na’ama Bay, the centre of Sharm’s tourist industry, to find cafes being hastily closed up. “The guides said there had been some trouble with Bedouins in the old market and that they were on their way to Na’ama Bay,” said McLaughlin. “We ignored them and everything was fine. But it is pretty quiet out and about. I think a lot of people are staying in their hotels.” In the cafes, bars and restaurants, where the TVs are tuned constantly to the news channels, holidaymakers are picking up on the fears of the staff. Egyptians come from all over the country to work in Sharm; many of them from Cairo and Alexandria. Now that the road to Cairo has been closed and all public transport stopped, the workers have no way of travelling home to be with their families. The Foreign Office has not changed its advice for Britons travelling to Sharm el-Sheikh, and companies such as Thomas Cook are at pains to reassure customers that there is no threat of trouble. The sentiments are echoed by those working in Egypt’s valuable tourist sector. “Please tell people at home that it is safe here,” one tour rep told departing guests. He need not worry for Lee and Keith Marsh, from Gerrards Cross, Buckinghamshire, who have another week in Egypt. “The holiday must go on,” said Lee. “I know my daughter at home has been pretty worried about us, but we’re not concerned. It hasn’t affected our holiday at all. I just hope it doesn’t damage tourism here too much.” Egypt Middle East Egypt Africa Protest Rachel Stevenson guardian.co.uk
Continue reading …A new federal watchdog will be policing credit cards, mortgages and other financial products beginning this summer. Treasury Adviser Elizabeth Warren explains how the Consumer Financial Protection Bureau will impact consumers. (Jan. 31)
Continue reading …Martha Stewart discusses her new baking show and demonstrates her recipe for currant scones.
Continue reading …• Rise in oil and gas prices boosts Exxon Mobil • Fears Egypt protests will disrupt oil supplies Profits at Exxon Mobil, the world’s largest oil company, soared 53% in fourth quarter profits powered by rising oil prices and natural gas. Exxon’s profits were $9.25bn (£5.8bn) compared with $6.05bn for same the period a year ago. The profits were Exxon’s largest for more than two years. Total revenue in the quarter was $105.2bn, up from $89.8bn in the quarter a year earlier. For the year Exxon made $30.46bn compared to $19.4 bn in 2009. Demand for oil and gas rose last year and is expected to rise again this year. The company benefited from higher profits in its chemicals and refining units. Analysts said it also benefited from a lower tax rate in the fourth quarter of 38% compared with an expected 46%. Oil and natural-gas output rose 19% during the fourth quarter to the equivalent of 4.97m barrels a day, the most in the 128-year history of the company. Last year Exxon made its biggest acquisition since 1999, buying XTO Energy, the US’s largest natural gas company for $41bn. David Rosenthal, vice president investor relations, said the global economy appeared to be stabilising with modest economic growth in the US and Europe and stronger growth in the developing world. The company announced it had spent a record $32.2bn over the year on capital and exploration. Exxon Mobil spent $5.8bn for stock repurchases, buying back 83m shares. The total included $5bn of buybacks to reduce outstanding shares. Oil prices have been steadily climbing in recent months. Exxon’s soaring profits come after similarly large increases at its rivals. Last week Chevron, the number two US oil firm, reported a 72% rise in its fourth quarter earnings. Third placed ConocoPhillips reported a 46% rise for the fourth quarter. The price of Brent Crude has risen to $100 on fears that political turmoil in Egypt will disrupt supplies. Egypt is not a big oil supplier, producing 700,000 barrels a day. But prices are rising on fears that the unrest will disrupt the 2m-plus barrels that pass through the Suez canal and Sumed pipeline and that the trouble will spread to neighbouring countries. Phil Flynn, oil analyst at PFG Trading in Chicago, said: “Contagion is the biggest risk. If this unrest spreads then we could see prices go up dramatically.” Exxon Mobil Oil Oil and gas companies Egypt Protest Dominic Rushe guardian.co.uk
Continue reading …The first Americans evacuated from Cairo due to widespread unrest arrived in Athens Monday. They say they felt they were in real danger. (Jan. 31)
Continue reading …We won’t lie: we’ve been pretty skeptical of the rumors so far that the HTC Thunderbolt would have support for simultaneous voice and data over EV-DO — SVDO , as it’s known — turned on. Perhaps more than any other US carrier, Verizon has a reputation for testing the living daylights out of devices and locking out hardware that doesn’t meet its reliability standards, and so we were a little leery of some supposedly leaked internal communication not long ago letting reps know that although it’ll be enabled, it shouldn’t be discussed because it doesn’t offer an “experience… consistent with [their] brand.” Well, we’ve just been fed a second document that features the same wording, so it looks like this might be real after all — and what’s more, it’s got updated verbiage stating that mobile hotspot capability will be available at launch, contrary to other leaks floating around today. This particular document is dated today, so we’re feeling good that the information is current — and if anything, it should get potential Thunderbolt buyers more excited than ever. [Thanks, David] HTC Thunderbolt might be getting simultaneous voice and data on 3G after all originally appeared on Engadget on Mon, 31 Jan 2011 13:49:00 EDT. Please see our terms for use of feeds . Permalink
Continue reading …Gemma Ward’s relationship with Heath Ledger might not be as well-known as Michelle Williams’—but the supermodel was the last to date Ledger before his death, and now she’s opening up about their relationship. “I have taken a break from the media spotlight for the past few years and it…
Continue reading …The title says it all, Motorola is taking swipes at Apple’s iPad to promote its competing tablet, the Xoom. You will enjoy the clip below if you are not an Apple fan, or are just in the mood for some good old-fashioned smack talking. Of course, if you don’t get all the 1984 humor, the Broadcasting platform : YouTube Source : The Next Web Discovery Date : 31/01/2011 18:38 Number of articles : 4
Continue reading …The man behind the Japanese ruling party’s historic 2009 victory has been indicted for misreporting political funds. The move could expand divisions among members of the Democratic Party of Japan and help drive the opposition’s push for a new election, the New York Times reports. Ichiro Ozawa may face a…
Continue reading …A plant that is endangered in one place can be an invasive scourge in another. Photo credit: taberandrew / Creative Commons An estimated 10 percent of the 753 plants on the United States Endangered Species List are sold or advertised online. Most of the buyers, a new study in Nature reports , are hobby horticulturalists looking to add something exotic to their home gardens. However, an increasing number of buyers, some evidence suggests, are… Read the full story on TreeHugger
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