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Greeks’ crisis is personal as well as political

ATHENS, Greece (AP) — Like many Greeks left unemployed by their country’s economic tailspin, Dimitris Spachos finds it easier to talk about his nation’s problems than his own.

Enormous debt accumulated over decades sent the country into a recession so deep it kills 200 businesses and 900 jobs every day. Elections this month failed to produce a government, and Greeks will vote again in June. Meanwhile, life for most Greeks continues to get worse.

“Every day I see more people sleeping rough on the street,” said Spachos, 72. “They can’t even wash their clothes or themselves. … It worries me.”

Spachos, who has been staying with different friends in recent months, may soon join them. A former doctor, he could not afford to retire and found work as a hospital orderly. But as Greece’s woes mounted so did his own, and he lost his job, then two more: one as a gardener and one as a groundskeeper.

Now, he is unemployed and homeless, and spoke this week at a municipal soup kitchen, where he ate a plastic bowl of bean soup, a thick slice of bread and a banana.

“I am ashamed to be here,” Spachos said, his eyes filling with tears. “My heart is broken.”

“Greeks have fight in them, so maybe things will improve in a couple of years,” he said, opening his shirt to reveal a scar from surgery to implant a pacemaker. “But I won’t be around to see it.”

Here is a look at some of Greece’s problems as it struggles to pay its debts:

UNEMPLOYMENT

Over the past three years unemployment has roughly doubled, and Greece has lost more than 10 percent of its output.

Nearly 320,000 people lost their jobs in the 12-month period ending in February, pushing the unemployment rate to 22 percent. Greece’s 3.8 million employed people are supporting the 4.5 million who don’t work — 1.1 million officially unemployed and 3.4 million considered financially inactive.

BUSINESS WOES

Some 80,000 businesses were shuttered last year, and 136,000 more are expected to fail in 2012, according to estimates from the Athens Chamber of Commerce.

“Out of 900,000 businesses currently operating, that would be a major blow,” said Constantine Michalos, the chamber’s president. “I fear the (next) government may be called upon to administer the ruins of the Greek economy.”

CRIME

The Public Order Ministry has reported an increase in nearly all categories of crime between 2010 and 2011, with murder up 5 percent and armed robberies in occupied homes up 110 percent.

HOMELESSNESSS

Homelessness, the most visible sign of Greece’s financial despair, has risen by around 25 percent, according to estimates by a state-funded relief agency. That number includes more people from traditionally stable background such as high school and university graduates.

HEALTH PROBLEMS

Greece’s Center for Disease Control and Prevention reported 954 new HIV infections in 2011, a 57 percent increase from the previous year. It attributes most of the rise to drug use.

DEPRESSION

All these problems have led to a general rise in depression. According to several state-funded health and relief agencies, rates of suicide, drug dependency and depression have all broadly risen by 20 to 25 percent since the financial crisis hit in late 2009.

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Economy News Headlines – Yahoo! News

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Russian markets hit 8-month low on oil price drop

MOSCOW (AP) — Russia‘s main stock index on Thursday hit its lowest point since Oct. 5 as oil prices keep falling, lowering revenue from the country’s lucrative energy sector and as fears grow that Greece’s political crisis will hurt the European economy.

The MICEX index fell 2.7 percent to 1,299 points by late afternoon in Moscow. The ruble was down 0.9 percent against the U.S. dollar at 31.2 rubles.

The Russian markets’ drop has been more severe than other European emerging economies over the past two weeks because of the country’s dependency on oil prices, which have fallen 12 percent this month. Oil prices, in turn, have fallen on fears Greece may leave the euro currency union, causing turmoil in European markets.

Uncertainty about the makeup of Russia’s new government has also been fueling investor anxiety.

The Russian Central Bank‘s chief said Wednesday that capital outflows remain a problem. More than $ 42 billion left the country in the first four months of the year. While that is half of the amount that left the country in the same period last year, it is still uncomfortably high and shows unease among investors.

Officials predicted that the outflows would decrease this year and blamed worries over political instability in Russia linked to the December parliamentary and the March presidential elections.

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Economy News Headlines – Yahoo! News

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Replacing Apple’s Parts

If you’re looking for a good place to get a Apple Laptop Battery, then you’ve come to the right place.  Battery has is a company that has dedicated their focus to one thing and one thing only: batteries.  There is nothing more important to them than making sure you get the charge that you need in the devices that you have.  The only thing more important, in fact, would be that you have the best experience while doing this!

Battery has make sure that they have all of the Apple laptop products that are on the market.  While there are not too many different types of batteries for Apple products, they make sure that they actually have all of them.  It’s very frustrating often to buy a battery, because most battery companies are fly-by-night operations that do not promote good customer service or good product quality.  If you’ve ever purchased a battery off of Amazon you know exactly what I’m talking about.  It is very embarrassing and very annoying to have them purchased already and realize that it’s a poor product.  I would highly advise checking them out if you have an Apple laptop battery that needs replacing – still make sure they take good care of you.

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The House: A Need to Improve

Just Address Plaques is a place that can offer some of the best selection and address plaques on the Internet.  In fact, I would goes bars to say that they offer some of the best selection of batters box anywhere in the world.  By specializing on something so specific, narrow, and niche, they are able to provide a service and selection that no one else on the market can.  Because of this, it would be foolish to go to anywhere else but them for your address plaque needs.

While you may not have considered upgrading your address plaque before, it is needless to say that you actually need to add some style to your house in the majority of cases.  Most people simply think that having a normal address plaque that comes with the house is something that you should be could chat with, this is not the case.  If you want to look like everyone else in your street, by all means go ahead and keep the standard one.  But if you want to look unique, special, and like you have a sense of style that no one else has, you really need to make the effort and upgrade your plaque to something new

 

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Hosting is Essential

If you’ve never heard of LiteSpeed Technology hosting on 8-core Xeon - that’s totally OK!  Unfortunately, you need to learn about this type of stuff if you’re a web master because you don’t have enough knowledge in the area.  There are so many things that you can think about when it comes to server hosting, but these sorts of thingsmust be known at least at a cursory level before you can go along and actually make something happen in your website.

For servers with the most competitive pricing, there are a few things to consider.  You need to wonder if your competitive pricing hosting is going to provide you the services that you actually need in a host, or if you are sacrificing some of those services in the name of a more affordable pricing scheme.  You have to ask yourself if saving a few dollars a month is worth having 10% more downtime or something that is going to seriously hamper your traffic and the experience your visitors have when they visit your website.  Really dig down deep and ask yourself this question: am I so cheap that I don’t want to pay for quality?  When you know the answer, let me know!

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SnipSnap Coupon App for iPhone review: say goodbye to stacks of coupons

SnipSnap Coupon App for iPhone review

Clipping and saving coupons is the most classic way of saving money, but in today’s digital world, it feels rather archaic. SnipSnap for iPhone lets you say goodbye to physical coupons by taking photos of them to carry with you at all times and store clerks can scan the processed bar code right on your iPhone.

To add a coupon, you simply take a photo of it, or “snip it”. SnipSnap will then process the coupon for you by converting the barcode on the photo into one that can be scanned by a store clerk (this process may take a few minutes). SnipSnap will also look at the dates valid and display when the coupon is redeemable or expires on the main Coupons page.

When viewing a coupon, you’ll see all the details like minimum spending requirements. You can also look up the important dates, bar code, promo code, offer details, consumer restrictions, and retailer legal. SnipSnap also allows you to mark coupons as a favorite and share to Twitter, Facebook, or email.

When redeeming a coupon with SnipSnap, you have two different options for the clerk. The easiest one is the barcode which can be scanned by a store scanner. If that doesn’t work, you can also display the coupon’s code in nice, big, easy-to-read text. And if the store clerk is still a little suspicious of your coupon, you can show them the photo you took and allow them to pinch and zoom to see the details.

Another cool feature of SnipSnap is the Discover tab that shows coupons being snipped by other SnipSnap users. You can also use the search field to search for coupons at a specific store. I really like this feature, but sometimes I get coupons that are one-time use only (like on a receipt) and don’t want to share it publicly in fear of someone “stealing” it. SnipSnap does allow you to disable sharing snipped coupons to the community pool, but I wish it’d let you do it on an individual basis.

A feature that makes SnipSnap way better than keeping track of physical coupons is that it will remind you when a coupon is about to expire. You can choose the notification to be sent at 1-3 days or 1-2 weeks before expiration. Additionally, when you arrive at a store that you have a coupon for, SnipSnap will send you notification reminding you of your coupon.

The last thing I want to mention is that SnipSnap does not work with “manufacturer coupons”. This is not a fault of SnipSnap, however. These coupons require stores to collect coupons and return them to the manufactures. Until manufacturers change their rules about these coupons, I don’t expect to see manufacturer coupon support anytime soon.

The good

  • Quick and easy to use
  • Processing only takes a few minutes
  • Reminders when coupon is about to expire
  • Location reminders
  • Discover coupons being snipped by other SnipSnap users

The bad

  • Can’t edit sharing options when uploading coupon. Must set a universal setting.
  • Not compatible with “manufacturer coupons” (because these types of coupons must be physically collected and turned in to the manufacturer by the store)

The conclusion

Personally, I’ve never been much of a coupon user unless they come through my email inbox because I can’t keep track of them nor remember to bring them. Now that I have SnipSnap for iPhone, I look forward to the savings in my future. But if I’m not careful, I may see myself making unnecessary purchases due to me “not wanting to miss out on a deal” before my coupons expire!

Leanna Lofte

App and Photography Editor at iMore. Mother, wife, and math instructor.

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Apple Interested In Acquiring German Television Maker Loewe?

Apple is in talks to acquire German luxury television manufacturer Loewe, according to an unconfirmed report from AppleInsider. The site claims Apple has offered €87.3 million for the company, a 48% premium from Loewe’s Friday close on the Frankfurt Stock Exchange.
Loewe

Word of the negotiations was exclusively revealed to AppleInsider, and although the offer has yet to be accepted, a source claims that Loewe “has been advised by its financial advisor to accept the offer and a final decision is scheduled to be announced internally before 18 May 2012.”

Loewe makes sleek, minimalist televisions that would seem to fit well with Jony Ive’s product designs. The company also makes speaker systems, including the AirPlay-compatible AirSpeaker, as well as a sleek app that controls the Loewe television set via an iPad.

Loewe’s largest shareholder is Sharp, the same company that has been rumored to be Apple’s choice to work with Foxconn to build a television set. Foxconn and Sharp announced a partnership to work together in March. AppleInsider says a decision on the acquisition will be announced internally by the end of this week.


MacRumors: Mac News and Rumors – Front Page

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