"Great Rotation"- A Wall Street fairy tale?

NEW YORK (Reuters) - Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights.


That sounds good, but there's a snag: The evidence for this is a few weeks of bullish fund flows that are hardly unusual for January.


Late-stage bull markets are typically marked by an influx of small investors coming late to the party - such as when your waiter starts giving you stock tips. For that to happen you need a good story. The "great rotation," with its monumental tone, is the perfect narrative to make you feel like you're missing out.


Even if something approaching a "great rotation" has begun, it is not necessarily bullish for markets. Those who think they are coming early to the party may actually be arriving late.


Investors pumped $20.7 billion into stocks in the first four weeks of the year, the strongest four-week run since April 2000, according to Lipper. But that pales in comparison with the $410 billion yanked from those funds since the start of 2008.


"I'm not sure you want to take a couple of weeks and extrapolate it into whatever trend you want," said Tobias Levkovich, chief U.S. equity strategist at Citigroup. "We have had instances where equity flows have picked up in the last two, three, four years when markets have picked up. They've generally not been signals of a continuation of that trend."


The S&P 500 rose 5 percent in January, its best month since October 2011 and its best January since 1997, driving speculation that retail investors were flooding back into the stock market.


Heading into another busy week of earnings, the equity market is knocking on the door of all-time highs due to positive sentiment in stocks, and that can't be ignored entirely. The Standard & Poor's 500 Index <.spx> ended the week about 4 percent from an all-time high touched in October 2007.


Next week will bring results from insurers Allstate and The Hartford , as well as from Walt Disney , Coca-Cola Enterprises and Visa .


But a comparison of flows in January, a seasonal strong month for the stock market, shows that this January, while strong, is not that unusual. In January 2011 investors moved $23.9 billion into stock funds and $28.6 billion in 2006, but neither foreshadowed massive inflows the rest of that year. Furthermore, in 2006 the market gained more than 13 percent while in 2011 it was flat.


Strong inflows in January can happen for a number of reasons. There were a lot of special dividends issued in December that need reinvesting, and some of the funds raised in December tax-selling also find their way back into the market.


During the height of the tech bubble in 2000, when retail investors were really embracing stocks, a staggering $42.7 billion flowed into equities in January of that year, double the amount that flowed in this January. That didn't end well, as stocks peaked in March of that year before dropping over the next two-plus years.


MOM AND POP STILL WARY


Arguing against a 'great rotation' is not necessarily a bearish argument against stocks. The stock market has done well since the crisis. Despite the huge outflows, the S&P 500 has risen more than 120 percent since March 2009 on a slowly improving economy and corporate earnings.


This earnings season, a majority of S&P 500 companies are beating earnings forecast. That's also the case for revenue, which is a departure from the previous two reporting periods where less than 50 percent of companies beat revenue expectations, according to Thomson Reuters data.


Meanwhile, those on the front lines say mom and pop investors are still wary of equities after the financial crisis.


"A lot of people I talk to are very reluctant to make an emotional commitment to the stock market and regardless of income activity in January, I think that's still the case," said David Joy, chief market strategist at Columbia Management Advisors in Boston, where he helps oversee $571 billion.


Joy, speaking from a conference in Phoenix, says most of the people asking him about the "great rotation" are fund management industry insiders who are interested in the extra business a flood of stock investors would bring.


He also pointed out that flows into bond funds were positive in the month of January, hardly an indication of a rotation.


Citi's Levkovich also argues that bond investors are unlikely to give up a 30-year rally in bonds so quickly. He said stocks only began to see consistent outflows 26 months after the tech bubble burst in March 2000. By that reading it could be another year before a serious rotation begins.


On top of that, substantial flows continue to make their way into bonds, even if it isn't low-yielding government debt. January 2013 was the second best January on record for the issuance of U.S. high-grade debt, with $111.725 billion issued during the month, according to International Finance Review.


Bill Gross, who runs the $285 billion Pimco Total Return Fund, the world's largest bond fund, commented on Twitter on Thursday that "January flows at Pimco show few signs of bond/stock rotation," adding that cash and money markets may be the source of inflows into stocks.


Indeed, the evidence suggests some of the money that went into stock funds in January came from money markets after a period in December when investors, worried about the budget uncertainty in Washington, started parking money in late 2012.


Data from iMoneyNet shows investors placed $123 billion in money market funds in the last two months of the year. In two weeks in January investors withdrew $31.45 billion of that, the most since March 2012. But later in the month money actually started flowing back.


(Additional reporting by Caroline Valetkevitch; Editing by Kenneth Barry)



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NFL's Goodell aims to share blame on player safety


NEW ORLEANS (AP) — NFL Commissioner Roger Goodell wants to share the blame.


"Safety," he said at his annual Super Bowl news conference, "is all of our responsibilities."


Not surprisingly, given that thousands of former players are suing the league about its handling of concussions, the topics of player health and improved safety dominated Goodell's 45-minute session Friday. And he often sounded like someone seeking to point out that players or others are at fault for some of the sport's problems — and need to help fix them.


"I'll stand up. I'll be accountable. It's part of my responsibility. I'll do everything," Goodell said. "But the players have to do it. The coaches have to do it. Our officials have to do it. Our medical professionals have to do it."


Injuries from hits to the head or to the knees, Goodell noted, can result from improper tackling techniques used by players and taught by coaches. The NFL Players Association needs to allow testing for human growth hormone to go forward so it can finally start next season, which Goodell hopes will happen. He said prices for Super Bowl tickets have soared in part because fans re-sell them above face value.


And asked what he most rues about the New Orleans Saints bounty investigation — a particularly sensitive issue around these parts, of course — Goodell replied: "My biggest regret is that we aren't all recognizing that this is a collective responsibility to get (bounties) out of the game, to make the game safer. Clearly the team, the NFL, the coaching staffs, executives and players, we all share that responsibility. That's what I regret, that I wasn't able to make that point clearly enough with the union."


He addressed other subjects, such as a "new generation of the Rooney Rule" after none of 15 recently open coach or general manager jobs went to a minority candidate, meaning "we didn't have the outcomes we wanted"; using next year's Super Bowl in New Jersey as a test for future cold-weather, outdoor championship games; and saying he welcomed President Barack Obama's recent comments expressing concern about football's violence because "we want to make sure that people understand what we're doing to make our game safer."


Also:


— New Orleans will not get back the second-round draft pick Goodell stripped in his bounty ruling;


— Goodell would not give a time frame for when the NFL could hold a game in Mexico;


— next season's games in London — 49ers-Jaguars and Steelers-Vikings — are sellouts.


Goodell mentioned some upcoming changes, including the plan to add independent neurologists to sidelines to help with concussion care during games — something players have asked for and the league opposed until now.


"The No. 1 issue is: Take the head out of the game," Goodell said. "I think we've seen in the last several decades that players are using their head more than they had when you go back several decades."


He said one tool the league can use to cut down on helmet-to-helmet hits is suspending players who keep doing it.


"We're going to have to continue to see discipline escalate, particularly on repeat offenders," Goodell said. "We're going to have to take them off the field. Suspension gets through to them."


The league will add "expanded physicals at the end of each season ... to review players from a physical, mental and life skills standpoint so that we can support them in a more comprehensive fashion," Goodell said.


With question after question about less-than-light matters, one reporter drew a chuckle from Goodell by asking how he's been treated this week in a city filled with supporters of the Saints who are angry about the way the club was punished for the bounty system the NFL said existed from 2009-11.


"My picture, as you point out, is in every restaurant. I had a float in the Mardi Gras parade. We got a voodoo doll," Goodell said.


But he added that he can "appreciate the passion" of the fans and, actually, "couldn't feel more welcome here."


___


Follow Howard Fendrich on Twitter at http://twitter.com/HowardFendrich


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The Untold Story: Columbia Shuttle Disaster and Mysterious ‘Day 2 Object’






A decade has passed since the ill-fated Columbia space shuttle orbiter and its seven-person crew ended their journey in catastrophe. During its Feb. 1, 2003 plunge back to Earth, the vehicle broke apart, with wreckage strewn across east Texas and western Louisiana.


Painstaking work by the Columbia Accident Investigation Board (CAIB) later identified the physical cause of the disaster as damage to Columbia‘s left wing that occurred just 81.9 seconds after launch.






A piece of insulating foam separated from the left “bipod ramp” that connected the shuttle’s fuel tank to the orbiter, gouging a hole in a reinforced carbon-carbon (RCC) panel on the leading edge of Columbia’s left wing.


Now, 10 years later, new information is coming to light on an event early in Columbia’s mission, often termed the “Flight Day 2 Object.”


When added to the wealth of information already known about how the Columbia accident occurred, this story reinforces a picture of technical slip-ups, a lack of effective communications and a failure of early detection and reaction to anomalies, all of which contributed to the disaster. [Video: Astronaut Jerry Ross Remembers Columbia]


Panel 8


About a day after launch on Jan. 16, 2003, with Columbia’s crew settling into its mission, an object roughly the size of a notebook computer drifted away from the orbiter out into space.


According to a source that asked not to be named, “due to a procedural issue” the object was not recognized during Columbia’s 16-day mission by the Air Force Space Command (AFSPC). That AFSPC procedure was later corrected.


The Flight Day 2 object, according to a source then working with the CAIB to help discern the cause of the Columbia calamity, was a fragment of the RCC panel on the orbiter’s wing. A team of experts concluded that the departing piece had been lodged within the left wing by aerodynamic forces on Columbia’s liftoff. It was set adrift after the orbiter reached space.


The CAIB made the final conclusion that the foam-shedding incident on Columbia’s takeoff affected panel 8 of the RCC heat-shielding, which was located on the orbiter’s leading edge. That foam strike punctured a hole in the RCC panel roughly 16 inches (41 centimeters) by 16 inches. Analysts estimated that a hole as small as 10 inches (25 cm) across could have caused the orbiter to be destroyed on re-entry through Earth’s atmosphere.


That left-wing damage permitted the penetration of hot, re-entry gases, which led to the loss of Columbia and its crew. Superheated air entered the leading-edge insulation and progressively melted the aluminum structure of the left wing, until increasing aerodynamic forces led to loss of control, failure of the wing and disintegration of the orbiter.


From a re-entry standpoint, Columbia broke up very late,  at a low altitude, roughly 30 to 35 miles (50 to 55 kilometers) above Earth, where heating had almost ceased. The breakup was primarily mechanical, due to localized heating that occurred earlier in the re-entry process.


Serendipitous observations


A number of experts who studied the loss of Columbia and its crew shared their theories on the cause of the Flight Day 2 incident with SPACE.com.


Early on, experts had thought that perhaps a piece of orbital debris hit the shuttle.


In post-disaster work, an Air Force Space Command Space Analysis Center team worked with the Space Surveillance Network (SSN), a worldwide system of U.S. Army, Navy and Air Force-operated ground-based radars and optical sensors.


That team and SSN operators went back after Columbia’s demise to see if there had been any serendipitous observations taken the orbiter during its mission by accident, among the wealth of photos of the sky during that period.


Indeed, that team did find some observations and noted there was another piece of debris in orbit with Columbia starting on Day 2 of its flight. Aiding in this identification was the fact that Columbia had been in a unique orbit, for not only the shuttle but virtually any other satellite, so there wasn’t much else in the orbit.


After noting the Day 2 object, researchers began an investigation to determine the object’s separation velocity and its time of release from Columbia.


Investigators hoped to see if the object departed the orbiter at high velocity, indicating a possible collision, or if it came off at low velocity, signifying something drifting away, perhaps out of Columbia’s cargo bay.


Radar information


With radar information on hand concerning the object’s size, and measurements of how quickly it decayed in Earth orbit, analysts could tell it was something with the dimensions of a notebook computer. Best estimates are that the Flight Day 2 object decayed from orbit on Jan. 20, disintegrating as it fell down through Earth’s atmosphere. The item was never given a satellite catalogue number since it decayed before its discovery.


The Air Force and SSN analysts worked closely with Air Force Research Laboratory (AFRL) specialists, all focused on understanding the object’s makeup and attempting to tag likely materials that had the right density. A final determination, according to a SPACE.com source, was that it was a piece of Columbia’s carbon-carbon leading edge.


“That determination encouraged NASA to continue their testing of firing foam at the leading edge … finally getting a result that very closely matched our analysis,” the source, who asked not to be named, said.


A post-disaster review of Columbia’s movements on Day 2 showed the detached object appeared to separate after the orbiter undertook a couple of maneuvers to change its orientation.


The Space Analysis Center team believed that aerodynamic forces on ascent had pushed the Day 2 object back into the wing and Columbia’s maneuvers subsequently shook the object loose.


Foam impact


Another view of the situation at the time is offered by a Columbia Accident Investigation Board (CAIB) member, Scott Hubbard, then director of the NASA Ames Research Center and currently professor of aeronautics and astronautics at Stanford University.


Hubbard played an instrumental role in spotlighting the cause of Columbia’s demise. To do so, he relied on computational modeling, reinforced by experimental testing with a large compressed-gas gun done by Southwest Research Institute (SwRI) scientists and engineers in San Antonio, Texas. During the tests, scientists fired a piece of foam at a target at speeds comparable to what a falling piece of debris from the shuttle would have experienced. Researchers then observed the damage.


Hubbard oversaw those tests, which showed that a chunk of falling insulating foam from the large, exterior fuel tank could indeed punch a hole in the leading edge of the orbiter’s left wing — panel 8 of the RCC thermal protection system, to be exact.


“My decision to direct as definitive a test as possible of the foam impact on Columbia was driven by the desire to provide the crew and shuttle program with a clear, physical cause so that ‘return to flight’ could be carried out without hesitation,” Hubbard told SPACE.com.


While there was a significant collection of circumstantial evidence — film of launch, “black box” data and collected debris — Hubbard said he had the strong sense that NASA was not converging on an answer to such basic parameters as the size of the falling foam.


Uncertainty of observations


“During the CAIB deliberations, the radar data and analysis by AFRL was occasionally presented to the board, but the uncertainty of the observations and myriad initial interpretations did little to convince us that the mysterious ‘second day’ object was part of the orbiter,” Hubbard said. [Columbia Shuttle Disaster Explained (Infographic)]


“I can state quite unequivocally that the AFRL examination of the radar profile had no influence on the selection of the SwRI test parameters. Computational fluid dynamics analysis, the 35mm film data and emerging debris information had already convinced my team and me to aim at Panel 8 of the RCC.”


The AFRL did not issue their final summary report until July 20, 2003, nearly two weeks after the definitive SWRI tests, Hubbard said.


“It is worth noting that the SWRI tests did produce a large section of RCC that, had it floated away from the orbiter, may have resembled the 2nd day piece,” Hubbard said. “However, this observation is definitely post hoc and was not a test prediction.”


Air Force Space Command response


According to CAIB report findings, the Day 2 object was discovered after the accident during Air Force processing of space surveillance network data, which yielded 3,180 separate radar or optical observations from Air Force and Navy sensors. It was the post-accident, detailed examination of these observations that revealed the Day 2 object.


After SPACE.com requested help in clarifying why the Day 2 object was not recognized during the mission, and what procedural error had since been fixed, an Air Force Space Command spokesperson responded with a statement.


“The Space Control Center (now Joint Space Operations Center) did change a


space situational awareness process involving space shuttle missions after the space shuttle Columbia accident,” the AFSC statement notes. “Before the Columbia accident, the Space Control Center did conjunction analysis (collision avoidance) during space shuttle missions using NASA positional data which better modeled the predicted position of Columbia for the conjunction screenings since it was more accurate than the data from AF sensors.”


Determined in hindsight


The AFSC statement explains that the NASA positional data came from their sensors, which could more accurately detect and model small orbital adjustments of the shuttle during missions than could other methods. Since NASA provided this positional data, the Space Control Center processed AF sensor data for Columbia using only basic astrodynamic algorithms and models. These, however, failed to provide high enough fidelity to definitely separate potential debris from the space shuttle orbiter.


“After the space shuttle Columbia investigation, the Space Control Center, in conjunction with NASA, decided to add additional analyst time to search for objects in close proximity to the shuttle, using both NASA positional data and Air Force sensor data,” the statement explains.


“It was determined in hindsight that while the previous process of using NASA positional data made space shuttle collision avoidance better, it degraded the possibility of cataloguing debris near the space shuttle during missions. Changing the process to use both NASA positional data and Air Force sensor data improved the ability to possibly detect debris near the space shuttle during missions,” the statement concludes.


Leonard David has been reporting on the space industry for more than five decades. He is former director of research for the National Commission on Space and has written for SPACE.com since 1999. He reported on the Columbia accident in 2003 and subsequent hearings of the Columbia Accident Investigation Board.


Copyright 2013 SPACE.com, a TechMediaNetwork company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Science News Headlines – Yahoo! News




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Hillary: Secretary of empowerment




Girls hug U.S. Secretary of State Hillary Clinton during a 2010 tour of a shelter run for sex trafficking victims in Cambodia.




STORY HIGHLIGHTS


  • Donna Brazile: Clinton stepping down as Secretary of State. Maybe she'll run for president

  • She says as secretary she expanded foreign policy to include effect on regular people

  • She says she was first secretary of state to focus on empowering women and girls

  • Brazile: Clinton has fought for education and inclusion in politics for women and girls




Editor's note: Donna Brazile, a CNN contributor and a Democratic strategist, is vice chairwoman for voter registration and participation at the Democratic National Committee. She is a nationally syndicated columnist, an adjunct professor at Georgetown University and author of "Cooking with Grease." She was manager for the Gore-Lieberman presidential campaign in 2000.


(CNN) -- As Secretary of State Hillary Rodham Clinton steps down from her job Friday, many are assuming she will run for president. And she may. In fact, five of the first eight presidents first served their predecessors as secretary of state.


It hasn't happened in more than a century, though that may change should Clinton decide to run. After all, she has been a game changer her entire life.


But before we look ahead, I think we should appreciate what she's done as secretary of state; it's a high profile, high pressure job. You have to deal with the routine as if it is critical and with crisis as if it's routine. You have to manage egos, protocols, customs and Congress. You have to be rhetorical and blunt, diplomatic and direct.



CNN Contributor Donna Brazile

CNN Contributor Donna Brazile



As secretary of state you are dealing with heads of state and with we the people. And the president of the United States has to trust you -- implicitly.


On the road with Hillary Clinton


Of all Clinton's accomplishments -- and I will mention just a few -- this may be the most underappreciated. During the election, pundits were puzzled and amazed not only at how much energy former President Bill Clinton poured into Obama's campaign, but even more at how genuine and close the friendship was.


Obama was given a lot of well-deserved credit for reaching out to the Clintons by appointing then-Sen. Hillary Clinton as his secretary of state in the first place. But trust is a two-way street and has to be earned. We should not underestimate or forget how much Clinton did and how hard she worked. She deserved that trust, as she deserved to be in the war room when Osama bin Laden was killed.


By the way, is there any other leader in the last 50 years whom we routinely refer to by a first name, and do so more out of respect than familiarity? The last person I can think of was Ike -- the elder family member who we revere with affection. Hillary is Hillary.


It's not surprising that we feel we know her. She has been part of our public life for more than 20 years. She's been a model of dignity, diplomacy, empathy and toughness. She also has done something no other secretary of state has done -- including the two women who preceded her in the Cabinet post.


Rothkopf: President Hillary Clinton? If she wants it



Hillary has transformed our understanding -- no, our definition -- of foreign affairs. Diplomacy is no longer just the skill of managing relations with other countries. The big issues -- war and peace, terror, economic stability, etc. -- remain, and she has handled them with firmness and authority, with poise and confidence, and with good will, when appropriate.


But it is not the praise of diplomats or dictators that will be her legacy. She dealt with plenipotentiaries, but her focus was on people. Foreign affairs isn't just about treaties, she taught us, it's about the suffering and aspirations of those affected by the treaties, made or unmade.








Most of all, diplomacy should refocus attention on the powerless.


Of course, Hillary wasn't the first secretary of state to advocate for human rights or use the post to raise awareness of abuses or negotiate humanitarian relief or pressure oppressors. But she was the first to focus on empowerment, particularly of women and girls.


She created the first Office of Global Women's Issues. That office fought to highlight the plight of women around the world. Rape of women has been a weapon of war for centuries. Though civilized countries condemn it, the fight against it has in a sense only really begun.


Ghitis: Hillary Clinton's global legacy on gay rights


The office has worked to hold governments accountable for the systematic oppression of girls and women and fought for their education in emerging countries. As Hillary said when the office was established: "When the Security Council passed Resolution 1325, we tried to make a very clear statement, that women are still largely shut out of the negotiations that seek to end conflicts, even though women and children are the primary victims of 21st century conflict."


Hillary also included the United States in the Trafficking in Person report. Human Trafficking, a form of modern, mainly sexual, slavery, victimizes mostly women and girls. The annual report reviews the state of global efforts to eliminate the practice. "We believe it is important to keep the spotlight on ourselves," she said. "Human trafficking is not someone else's problem. Involuntary servitude is not something we can ignore or hope doesn't exist in our own communities."


She also created the office of Global Partnerships. And there is much more.


She has held her own in palaces and held the hands of hungry children in mud-hut villages, pursuing an agenda that empowers women, children, the poor and helpless.


We shouldn't have been surprised. Her book "It Takes a Village" focused on the impact that those outside the family have, for better or worse, on a child's well-being.


As secretary of state, she did all she could to make sure our impact as a nation would be for the better.


Follow us on Twitter @CNNOpinion


Join us on Facebook/CNNOpinion


The opinions expressed in this commentary are solely those of Donna Brazile.






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Convicted killer back in custody

The convicted murderer who was mistakenly allowed to leave Cook County jail is now back in custody. (WGN - Chicago)










Convicted murderer Steven Robbins was arrested late Friday in Kankakee, two days after he was mistakenly released from the Cook County Jail after being brought to Chicago to dispose of an old case against him, according to the Cook County sheriff's office.


Saturday morning, Robbins is being held at the Cook County Sheriff's police lockup in Maywood until he can be taken back to Indiana, said Frank Bilecki, a spokesman for Cook County Sheriff Tom Dart.








Robbins, 44, who was serving a 60-year sentence for murder in Indiana, was apprehended "without incident" about 10:55 p.m. in the 400 block of Fraser Avenue in Kankakee, according to Bilecki.


“He was found at the home of an acquaintance, watching TV’’ said Bilecki. “They caught him totally off guard.''

Once they got into the home, sheriff’s authorities were trying to keep everyone calm, including a couple of young children who were there with Robbins.


Bilecki said Dart was on the scene and assisted in the arrest.


Authorities tracked Robbins through interviews with family and friends who helped provide his location, according to the sheriff's office. 

Earlier, Cook County Sheriff Tom Dart took responsibility for mistakenly letting Robbins walk out of County Jail after a local charge against him was dismissed.


“We let people down, no mistake about it,” Dart said in an interview at sheriff’s offices in Maywood. “Our office did not operate the way it should have, clearly.”


The FBI, the U.S. Marshals Service and Cook County Crimestoppers raised $12,000 as a reward for information leading to Robbins’ capture, he said.


Dart said his office is still looking at where and how the system broke down to allow Robbins’ mistaken release from the jail,  but he said that officials at the  jail had no paperwork showing he was serving time in an Indiana prison for murder.


Like other indigent people, Robbins was outfitted with clothing from Goodwill – a long-sleeve brown shirt and brown pants – before being released out the front entrance, Dart said. He also likely was given bus fare.


Dart said the sheriff’s office uses an archaic system – entirely paper-driven – in handling the movement of an average of about 1,500 inmates every day. Some are entering the jail after their arrest and others are being bused to courthouses around the county for court appearances.


The sheriff said the warrant for Robbins’ arrest should have been quashed by prosecutors when armed violence charges were dismissed against him in 2007. In addition, he said prosecutors signed off on the sheriff’s office traveling to Indiana to pick up Robbins at the prison in Michigan City and bring him back on the outstanding warrant.


“We were able to get an extradition warrant on a case that didn’t exist,” Dart said. “That’s the first problem.”


Earlier, documents reviewed by the Tribune showed that paperwork filled out by Cook County sheriff’s officers this week made it clear that Robbins was serving a 60-year sentence for murder in Indiana and was to be returned to authorities there after being brought to Chicago to dispose of an old case against him.

“Please be advised that this subject is in our custody under the temporary custody provision of the interstate agreement on detainers,” a sheriff’s order accompanying Robbins’ paperwork read. The order noted Robbins’ murder conviction and 60-year sentence and then stated he “must be returned to the custody of Indiana DOC.”

In addition, Judge Rickey Jones, assigned to the Leighton Criminal Court Building, ordered the Illinois case dismissed on Wednesday and wrote on paperwork that Robbins was to be released for “this case only,” the records show.
 
Yet Robbins was allowed to walk free out of the Cook County Jail Wednesday evening after his court appearance. Authorities today were reviewing the paperwork in Robbins’ file to see how the mistake was made and who was responsible, sources told the Tribune.


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Turkish leftist group claims U.S. embassy bombing: website


ISTANBUL (Reuters) - Turkish leftist group DHKP-C claimed responsibility on Saturday for a suicide bomb attack on the U.S. embassy in Ankara, according to a statement on a website close to the group.


"Our warrior Alisan Sanli carried out an act of self-sacrifice on Feb 1, 2013, by entering the Ankara embassy of the United States, murderer of the peoples of the world," the statement on "The People's Cry" website said.


The statement was posted next to what it said was a picture of the bomber, dressed in a black beret and military-style clothes with what appeared to be an explosives belt strapped around his waist.


The attacker detonated explosives strapped to his body, as well as a hand grenade, inside an embassy gatehouse, killing himself and a Turkish security guard and critically wounding a journalist on her way to visit the ambassador.


(Reporting by Seltem Iyigun; Writing by Nick Tattersall; Editing by Mark Heinrich)



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Wall Street gains on payrolls, S&P positive for fifth week

NEW YORK (Reuters) - Stocks rose on Friday, with indexes turning positive for the week as the latest payroll report indicated the economic recovery remained on track.


Employment grew modestly in January, with 157,000 added in the month, slightly below expectations for 160,000. Still, figures for both November and December were revised upwards, supporting views the economy continues to improve despite a surprise contraction in fourth-quarter gross domestic product.


"What was really positive was significant revisions up," said Darrell Cronk, regional chief investment officer for Wells Fargo Private Bank in New York. "Particularly in the face of the fiscal cliff and everything that was going on at that time that corporate America would just hit the pause button in those moments, those are some pretty impressive numbers."


With the day's gains, major averages erased their losses for the week, putting them on track for a fifth straight week of gains. The S&P 500 is also coming off its best monthly performance since October 2011.


U.S. consumer sentiment unexpectedly improved last month, rising more than expected to 73.8.


The pace of growth in the U.S. manufacturing sector picked up in January to its highest level in nine months, according to the Institute for Supply Management, which said its index of national activity rose to 53.1 from 50.2 the previous month. December construction spending also came in higher than forecasts, rising 0.9 percent in the month.


Corporate earnings were also in focus, with a trio of Dow components reporting profits that beat expectations.


Exxon Mobil Corp dipped 0.6 percent to $89.46 after its results while Chevron Corp was flat at $115.24.


On the downside, drugmaker Merck & Co fell 3.4 percent to $41.76 after a cautious 2013 outlook.


Of the 231 companies in the S&P 500 reporting earnings so far, 69.3 percent have exceeded expectations, according to Thomson Reuters data through Thursday morning. That is a higher proportion than over the past four quarters and above average since 1994.


Overall, S&P 500 fourth-quarter earnings rose 3.7 percent, according to the data, above a 1.9 percent forecast at the start of the earnings season but well below a 9.9 percent profit growth forecast on October 1.


The Dow Jones industrial average <.dji> was up 114.67 points, or 0.83 percent, at 13,975.25. The Standard & Poor's 500 Index <.spx> was up 10.32 points, or 0.69 percent, at 1,508.43. The Nasdaq Composite Index <.ixic> was up 21.01 points, or 0.67 percent, at 3,163.14.


For the week, the Dow is up 0.7 percent, the S&P is up 0.5 percent and the Nasdaq is up 0.6 percent, putting all three on track for a fifth straight week of gains.


The S&P advanced 5.1 percent in January, its best monthly performance since October 2011, with gains driven by a sturdy start to the earnings season and a compromise in Washington that postponed the impact of a "fiscal cliff" of automatic spending cuts and tax hikes that were due to take effect early this year.


Dell Inc was the S&P's top percentage gainer, rising 5 percent to $13.91 after sources said the company was nearing an agreement to sell itself to a buyout consortium led by its founder and Chief Executive Michael Dell and private equity firm Silver Lake Partners. The sources said a deal could possibly be announced as early as Monday.


Shares of Zoetis surged in their trading debut after the company's initial public offering was priced at $26, above the expected range. After spiking as high as $31.50, it pared its gains to trade at $30.51.


(Additional reporting by Chuck Mikolajczak; Editing by Bernadette Baum and Nick Zieminski)



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Carville, Matalin enjoy role as Big Easy boosters


NEW ORLEANS (AP) — When Mary Matalin heard a baby cry during a Super Bowl news conference this week, she paused midsentence, peered in the direction of the fussing child and asked: "Is that my husband?"


Matalin, the noted Republican political pundit, isn't shy about making jokes at the expense of Democratic strategist James Carville, who went from being her professional counterpart to her partner in life when they were married — in New Orleans — two decades ago.


This week, though, and for much of the past few years, the famous political odd couple have been working in lockstep for a bipartisan cause — the resurgence of their adopted hometown.


Their passion for the Big Easy and its recovery from Hurricane Katrina was why Carville and Matalin were appointed co-chairs of New Orleans' Super Bowl host committee, positions that made them the face of the city's effort to prove it's ready to be back in the regular rotation for the NFL's biggest game.


"Their commitment to New Orleans and their rise to prominence here locally as citizens made them a natural choice," said Jay Cicero, president of the Greater New Orleans Sports Foundation, which handles the city's Super Bowl bids. "It's about promoting New Orleans, and their being in love with this city, they're the perfect co-chairs."


Carville, a Louisiana native, and Matalin moved from Washington, D.C., to historic "Uptown" New Orleans in the summer of 2008, a little less than three years after Katrina had laid waste to vast swaths of the city. There was not only heavy wind damage but flooding that surged through crumbling levees and at one point submerged about 80 percent of the city.


The couple had long loved New Orleans, and felt even more of a pull to set down roots here, with their two school-age daughters, at a time when the community was in need.


"The storm just weighed heavy," Carville said. "We were thinking about it. We'd been in Washington for a long time. The more that we thought about it, the more sense that it made. We just came down here (to look for a house) in late 2007 and said we're just going to do this and never looked back."


Matalin said she and Carville also wanted to raise their daughters in a place where people were willing to struggle to preserve a vibrant and unique culture.


"It's authentically creative, organically eccentric, bounded by beauty of all kinds," she said. "People pull for each other, people pull together. ... Seven years ago we were 15 feet under water. ... This is unparalleled what the people here did and that's what you want your kids to grow up with: Hope and a sense of place, resolve and perseverance."


Carville has been an avid sports fan all his life, and Matalin jokes that he now schedules his life around Saints and LSU football.


An LSU graduate, Carville has been a regular sight in Tiger Stadium in Baton Rouge, often wearing a purple and gold rugby-style shirt.


In New Orleans, he and Matalin have lent their names not just to the Super Bowl host committee, but to efforts to prevent the NBA's Hornets from leaving when the ownership situation was in flux.


"I was scared to death they would leave the city," said Carville of the Hornets, who were purchased by the NBA in December of 2010 when club founder George Shinn wanted to sell and struggled to find a local buyer. "We were starting to do better (as a community). It would have been a terrible story to lose an NBA franchise at that time."


Saints owner Tom Benson has since bought the NBA club and signed a long-term lease at New Orleans Arena, ending speculation about a possible move.


Carville and Matalin also have taken part in a range of environmental, educational, economic and cultural projects in the area. Matalin is on the board of the Water Institute of the Gulf, which aims to preserve fragile coastal wetlands that have been eroding, leaving south Louisiana ecosystems and communities increasingly vulnerable to destruction. They have supported the Institute of Politics at Loyola University and the New Orleans Jazz Orchestra.


Carville teaches a current events class at Tulane University and he looks forward to getting involved in the 200th anniversary of the Battle of New Orleans in 2015 and New Orleans' tercentennial celebrations in 2018, when the city also hopes to host its next Super Bowl, if the NFL sees fit.


Leading a Super Bowl host committee, the couple said, has similarities to running a major national political campaign, but takes even more work.


"This has been going on for three years and it's huge," Matalin said. "It's bigger, it's harder, it's more complex — even though it's cheaper."


The host committee spent about $13 million in private and public funds to put on this Super Bowl, and the payoff could be enormous in terms of providing a momentum boost to the metro area's growth, Carville said.


"For us — New Orleans — I think this is going to be much more than a football game Sunday," Carville said of the championship matchup between the Baltimore Ravens and San Francisco 49ers. "We'll know how we feel about it on Monday. It's a big event, it helps a lot of people, but I think we have a chance if it goes the way we hope it does, it'll go beyond economic impact. It'll go beyond who won the game. I think there's something significant that's coming to a point here in the city."


So there's a bit of anxiety involved, to go along with the long hours. But Carville and Matalin say they've loved having a role in what they see as New Orleans' renaissance.


"I always say I'm so humbled by everyone's gratitude," Matalin said. "We get up every day and say, 'Thank you, God. Thank you, God.' It's a blessing for us to be able to be here, to live here."


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Hillary: Secretary of empowerment




Girls hug U.S. Secretary of State Hillary Clinton during a 2010 tour of a shelter run for sex trafficking victims in Cambodia.




STORY HIGHLIGHTS


  • Donna Brazile: Clinton stepping down as Secretary of State. Maybe she'll run for president

  • She says as secretary she expanded foreign policy to include effect on regular people

  • She says she was first secretary of state to focus on empowering women and girls

  • Brazile: Clinton has fought for education and inclusion in politics for women and girls




Editor's note: Donna Brazile, a CNN contributor and a Democratic strategist, is vice chairwoman for voter registration and participation at the Democratic National Committee. She is a nationally syndicated columnist, an adjunct professor at Georgetown University and author of "Cooking with Grease." She was manager for the Gore-Lieberman presidential campaign in 2000.


(CNN) -- As Secretary of State Hillary Rodham Clinton steps down from her job Friday, many are assuming she will run for president. And she may. In fact, five of the first eight presidents first served their predecessors as secretary of state.


It hasn't happened in more than a century, though that may change should Clinton decide to run. After all, she has been a game changer her entire life.


But before we look ahead, I think we should appreciate what she's done as secretary of state; it's a high profile, high pressure job. You have to deal with the routine as if it is critical and with crisis as if it's routine. You have to manage egos, protocols, customs and Congress. You have to be rhetorical and blunt, diplomatic and direct.



CNN Contributor Donna Brazile

CNN Contributor Donna Brazile



As secretary of state you are dealing with heads of state and with we the people. And the president of the United States has to trust you -- implicitly.


Of all Clinton's accomplishments -- and I will mention just a few -- this may be the most underappreciated. During the election, pundits were puzzled and amazed not only at how much energy former President Bill Clinton poured into Obama's campaign, but even more at how genuine and close the friendship was.


Obama was given a lot of well-deserved credit for reaching out to the Clintons by appointing then-Sen. Hillary Clinton as his secretary of state in the first place. But trust is a two-way street and has to be earned. We should not underestimate or forget how much Clinton did and how hard she worked. She deserved that trust, as she deserved to be in the war room when Osama bin Laden was killed.


By the way, is there any other leader in the last 50 years whom we routinely refer to by a first name, and do so more out of respect than familiarity? The last person I can think of was Ike -- the elder family member who we revere with affection. Hillary is Hillary.


It's not surprising that we feel we know her. She has been part of our public life for more than 20 years. She's been a model of dignity, diplomacy, empathy and toughness. She also has done something no other secretary of state has done -- including the two women who preceded her in the Cabinet post.


Rothkopf: President Hillary Clinton? If she wants it



Hillary has transformed our understanding -- no, our definition -- of foreign affairs. Diplomacy is no longer just the skill of managing relations with other countries. The big issues -- war and peace, terror, economic stability, etc. -- remain, and she has handled them with firmness and authority, with poise and confidence, and with good will, when appropriate.


But it is not the praise of diplomats or dictators that will be her legacy. She dealt with plenipotentiaries, but her focus was on people. Foreign affairs isn't just about treaties, she taught us, it's about the suffering and aspirations of those affected by the treaties, made or unmade.








Most of all, diplomacy should refocus attention on the powerless.


Of course, Hillary wasn't the first secretary of state to advocate for human rights or use the post to raise awareness of abuses or negotiate humanitarian relief or pressure oppressors. But she was the first to focus on empowerment, particularly of women and girls.


She created the first Office of Global Women's Issues. That office fought to highlight the plight of women around the world. Rape of women has been a weapon of war for centuries. Though civilized countries condemn it, the fight against it has in a sense only really begun.


Ghitis: Hillary Clinton's global legacy on gay rights


The office has worked to hold governments accountable for the systematic oppression of girls and women and fought for their education in emerging countries. As Hillary said when the office was established: "When the Security Council passed Resolution 1325, we tried to make a very clear statement, that women are still largely shut out of the negotiations that seek to end conflicts, even though women and children are the primary victims of 21st century conflict."


Hillary also included the United States in the Trafficking in Person report. Human Trafficking, a form of modern, mainly sexual, slavery, victimizes mostly women and girls. The annual report reviews the state of global efforts to eliminate the practice. "We believe it is important to keep the spotlight on ourselves," she said. "Human trafficking is not someone else's problem. Involuntary servitude is not something we can ignore or hope doesn't exist in our own communities."


She also created the office of Global Partnerships. And there is much more.


She has held her own in palaces and held the hands of hungry children in mud-hut villages, pursuing an agenda that empowers women, children, the poor and helpless.


We shouldn't have been surprised. Her book "It Takes a Village" focused on the impact that those outside the family have, for better or worse, on a child's well-being.


As secretary of state, she did all she could to make sure our impact as a nation would be for the better.


Follow us on Twitter @CNNOpinion


Join us on Facebook/CNNOpinion


The opinions expressed in this commentary are solely those of Donna Brazile.






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Former N.Y. mayor Ed Koch dies

Former New York Mayor, the brash and outspoken Ed Koch, has passed away at the age of 88.










NEW YORK (Reuters) - Former Mayor Edward Koch, who presided over New York City during the turbulent late 1970s and '80s and came to personify the city with his wry and outspoken style, died on Friday at the age of 88, his spokesman said.

As mayor from 1978 to 1989, the forceful, quick-witted Koch, with his trademark phrase "How'm I Doing?," was a polarizing figure and the city's constant promoter.






Koch died of congestive heart failure at about 2 a.m. at New York-Presbyterian hospital following a year of repeated hospitalizations, George Arzt, his spokesman, said.

Koch was credited with lifting New York from crushing economic crises to a level of prosperity that was the envy of other U.S. cities. Under his leadership, the city regained its financial footing and underwent a building renaissance.

But his three terms in office were also marked by racial tensions, corruption among many of his political allies, the rise in AIDS and HIV, homelessness and a high crime rate. In 1989, he lost the Democratic nomination for what would have been a record fourth term as mayor.

Mayor Michael Bloomberg said the flags at all city buildings would fly at half-staff in Koch's memory.

"In elected office and as a private citizen, he was our most tireless, fearless, and guileless civic crusader," Bloomberg said. "His spirit will live on not only here at City Hall, and not only on the bridge the bears his name, but all across the five boroughs."

Koch had a quip for every occasion and once said he wanted to be mayor for life. He was the only U.S. mayor to have a bestselling autobiography that was turned into an off-Broadway musical.

This week, "Koch," a documentary about his three terms as mayor, premiered at the Museum of Modern Art. Koch was unable to attend the premier for the movie.

"I don't think there was anybody who had more fun being mayor as Ed Koch," City Council Speaker Christine Quinn, who is in the race to be the city's next mayor, said at the premier.

The film opens in theaters on Friday.

"Here was a mayor who was a combination of a Lindy's waiter, a Coney Island barker, a Catskill comedian, an irritated school principal and an eccentric uncle," New York writer Pete Hamill said in a 2005 discussion of Koch's legacy. "He talked tough and the reason was, he was tough."

NEW YORK NATIVE

Born into a Jewish immigrant family in the Bronx on December 12, 1924, Edward Irving Koch went on to attend City College and earn a law degree from New York University.

He entered politics in the 1950s in Manhattan's Greenwich Village neighborhood, winning a seat on the city council, and later went to Washington, where he served four terms in the U.S. House of Representatives.

In 1977, he made a second attempt running for mayor of New York City, and proved to be an agile campaigner. To combat rumors he was gay, former beauty queen Bess Myerson began appearing by his side at campaign events.

Koch later admitted the two were never romantically involved. Koch remained a bachelor all his life and refused to answer questions about his sexuality even in his later years.

After two successful terms in office - he was returned for a third term with 70 percent of the vote - Koch's star had begun to fade. A corruption scandal involving his ally, Queens Borough President Donald Manes, never implicated Koch, but it damaged his reputation with voters.

Koch's attempt at a fourth term failed when he lost his party's nomination to Manhattan borough president David Dinkins, a man as quiet and deliberative as Koch was bold and abrasive. Dinkins would go on to be the city's first black mayor.

"People became tired of Koch's personality," said Mitchell Moss, the director of the Urban Research Center at New York University. "He was a remarkable mayor but one with a big mouth. After 12 years you have to change the lyrics."

After leaving office, Koch wrote articles on everything from Middle East politics to movie reviews, hosted a radio show and served as a judge on television's "“The People's Court." His book about another former New York City mayor, Rudy Giuliani, was titled "Giuliani: Nasty Man."

He remained a formidable figure in New York politics until his death, endorsing candidates and offering political commentary on the local NY1 TV station. He has been a supporter of New York's current mayor, Michael Bloomberg, and in 2010 he formed New York Uprising, a political action committee designed to fight corruption in state politics.

In 2008, Koch announced he had secured a plot in Manhattan's Trinity Cemetery, telling the New York Times: "The idea of leaving Manhattan permanently irritates me."

(Additional reporting by David Storey, Editing by Colleen Jenkins, Walker Simon and Jackie Frank)

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Suicide bomber kills guard at U.S. embassy in Turkey


ANKARA (Reuters) - A suicide bomber killed a Turkish security guard at the U.S. embassy in Ankara on Friday, blowing the door off a side entrance and sending smoke and debris flying into the street.


Ankara Governor Alaaddin Yuksel said the attacker was inside U.S. property when the explosives were detonated. The blast sent masonry spewing out of the wall of the side entrance, but there did not appear to be any more significant structural damage.


The bomber was also killed.


U.S. Ambassador Francis Ricciardone emerged through the main gate of the building, which is surrounded by high walls, shortly after the explosion to address reporters, flanked by a security detail as a Turkish police helicopter hovered overhead.


"We are very sad of course that we lost one of our Turkish guards at the gate," Ricciardone he said, thanking the Turkish authorities for a prompt response.


A Reuters witness saw one wounded person being lifted into an ambulance as police armed with assault rifles cordoned off the area.


"It was a huge explosion. I was sitting in my shop when it happened. I saw what looked like a body part on the ground," said travel agent Kamiyar Barnos whose shop window was shattered around 100 meters away from the blast.


One witness said the blast was audible a mile away.


There was no immediate claim of responsibility. The British Consulate-General to Turkey said the blast a "suspected terrorist attack".


Islamist radicals, far-left groups, far-right groups and Kurdish separatist militants have all carried out attacks in Turkey in the past.


The main domestic security threat comes from the separatist Kurdistan Workers Party (PKK), deemed a terrorist group by the United States, European Union and Turkey, but the PKK has focused its campaign largely on domestic targets.


Turkey has led calls for international intervention in neighboring Syria and is hosting hundreds of NATO soldiers from the United States, Germany and the Netherlands who are operating a Patriot missile defense system along its border with Syria, hundreds of kilometers away from the capital.


The U.S. Patriots were expected to go active in the coming days.


The most serious attacks of this kind in Turkey occurred in November 2003, when car bombs shattered two synagogues, killing 30 people and wounding 146. Authorities said the attack bore the hallmarks of al Qaeda.


Part of the HSBC Bank headquarters was destroyed and the British consulate was damaged in two more explosions that killed a further 32 people a week later.


(Writing by Nick Tattersall and Daren Butler; Editing by Jon Hemming)



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Wall Street opens flat after mixed data


NEW YORK (Reuters) - Stocks opened flat on Thursday as economic data continued to paint a mixed picture of the economy and as investors sifted through a host of corporate earnings reports.


The Dow Jones industrial average <.dji> was down 16.05 points, or 0.12 percent, at 13,894.37. The Standard & Poor's 500 Index <.spx> was down 1.81 points, or 0.12 percent, at 1,500.15. The Nasdaq Composite Index <.ixic> was down 0.55 points, or 0.02 percent, at 3,141.75.


(Reporting by Ryan Vlastelica; Editing by Bernadette Baum)



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2 NFL seasons since agreement, still no HGH tests


NEW ORLEANS (AP) — Baltimore Ravens defensive end Arthur Jones is among those NFL players who want the league and the union to finally agree on a way to do blood testing for human growth hormone.


"I hope guys wouldn't be cheating. That's why you do all this extra work and extra training. Unfortunately, there are probably a few guys, a handful maybe, that are on it. It's unfortunate. It takes away from the sport," Jones said.


"It would be fair to do blood testing," Jones added. "Hopefully they figure it out."


When Jones and the Ravens face the San Francisco 49ers in the Super Bowl on Sunday, two complete seasons will have come and gone without a single HGH test being administered, even though the league and the NFL Players Association paved the way for it in the 10-year collective bargaining agreement they signed in August 2011.


Since then, the sides have haggled over various elements, primarily the union's insistence that it needs more information about the validity of a test that is used by Olympic sports and Major League Baseball. HGH is a banned performance-enhancing drug that is hard to detect and has been linked to health problems such as diabetes, cardiac dysfunction and arthritis.


"If there are guys using (HGH), there definitely needs to be action taken against it, and it needs to be out of (the sport)," Ravens backup quarterback Tyrod Taylor said. "I'm pretty sure it'll happen eventually."


At least two members of Congress want to make it happen sooner, rather than later.


House Oversight and Government Reform Committee chairman Darrell Issa, a California Republican, and ranking Democrat Elijah Cummings of Maryland wrote NFLPA head DeMaurice Smith this week to chastise the union for standing in the way of HGH testing and to warn that they might ask players to testify on Capitol Hill.


Smith is scheduled to hold his annual pre-Super Bowl news conference Thursday.


"We have cooperated and been helpful to the committee on all of their requests," NFLPA spokesman George Atallah said. "If this is something they feel strongly about, we will be happy to help them facilitate it."


Several players from the Super Bowl teams said they would be willing to talk to Congress about the issue, if asked.


"I have nothing to hide. I can't speak for anyone else in football, but I would have no problem going," said Kenny Wiggins, a 6-foot-6, 314-pound offensive lineman on San Francisco's practice squad.


But Wiggins added: "There's a lot more problems in the U.S. they should be worried about than HGH in the NFL."


That sentiment was echoed by former New York Giants offensive lineman Shaun O'Hara, who now works for the NFL Network.


"Do I think there is an HGH problem in the NFL? I don't think there is. Are there guys who are using it? I'm sure there are. But is it something Congress needs to worry about? No. We have enough educated people on both sides that can fully handle this. And if they can't, then they should be fired," said O'Hara, an NFLPA representative as a player. "I include the union in that, and I include the NFL. There is no reason we would need someone to help us facilitate this process."


Issa and Cummings apparently disagree.


In December, their committee held a hearing at which medical experts testified that the current HGH test is reliable and that the union's request for a new study is unnecessary. Neither the league nor union was invited to participate in that hearing; at the time, Issa and Cummings said they expected additional hearings.


"We are disappointed with the NFLPA's remarkable recalcitrance, which has prevented meaningful progress on this issue," they wrote in their recent letter to Smith. "We intend to take a more active role to determine whether the position you have taken — that HGH is not a serious concern and that the test for HGH is unreliable — is consistent with the beliefs of rank and file NFL players."


Atallah questioned that premise.


"To us, there is no distinction between players and the union. ... The reason we had HGH in our CBA is precisely because our players wanted us to start testing for it," Atallah said. "We are not being recalcitrant for recalcitrance sake. We are merely following the direction of our player leadership."


Wiggins and other players said no one can know for sure how much HGH use there is in the league until there is testing — but that it's important for the union's concerns about the test to be answered.


"The union decides what is best for the players," said Ravens nose tackle Ma'ake Kemoeatu, who said he would be willing to go to Capitol Hill.


"I feel like some guys are on HGH," said 49ers offensive lineman Anthony Davis, who would rather not speak to Congress. "I personally don't care if there is testing. It's something they have to live with, knowing they cheated, and if they get (outplayed) while they're on it, it's a hit on their pride."


___


Follow Howard Fendrich on Twitter at http://twitter.com/HowardFendrich


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German unemployment sees seasonal rise in January






BERLIN (AP) — Germany’s unemployment rate increased to 7.4 percent in January as the country was hit by harsh winter weather, but seasonally adjusted jobless figures dropped unexpectedly and analysts said Thursday that the job market in Europe‘s biggest economy remains solid.


The number of Germans registered as unemployed stood at 3.14 million, 298,000 higher than in December and 54,000 more than a year earlier, the Federal Labor Agency said.






The head of the agency, Frank-Juergen Weise, said the increase was down to “purely seasonal reasons.” Harsh weather typically weighs on industries such as construction in winter.


Adjusted for seasonal factors, the jobless rate slipped to 6.8 percent from 6.9 percent, where it had stood for three months. The number of people out of work was down 16,000 from December — compared with economists’ expectations that it would rise by 8,000.


“Today’s numbers confirm that the German job miracle has lost some of its magic,” said Carsten Brzeski, an economist at ING in Brussels. “However, even without being miraculous, the labor market should remain growth-supportive.”


The solid employment report underlines rising hopes that the German economy will quickly recover from a weak patch and benefit from an easing in Europe’s financial turmoil.


The German economy grew a modest 0.7 percent last year, and officials estimate it shrank by as much as 0.5 percent in the fourth quarter compared with the previous three-month period. But the central bank says improving hopes for the country’s export performance, combined with a stable labor market, point to a pick-up in the economy.


Timo Klein, an economist at IHS Global Insight in Frankfurt, said the debt crisis in the 17 European Union countries that use the euro remains “important as a risk factor” but “should not be much of a burden in the next several months at least.”


Retail sales figures released Thursday were less satisfying, however. The Federal Statistical Office reported that, adjusted for inflation, sales were down 0.3 percent in 2012 compared with the previous year. In December, sales were 1.7 percent lower than the previous month.


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Fear and loathing in Egypt's Port Said

























Behind the mask


Scales of justice


Moment of truth


Fans celebrate


Armed and ready


Rally at the club


Portrait of the dead


ACAB


Down with Morsi


Army in control


Port Said women protest


Al Masry ultras


The sound of machine guns


Aftermath


Protest


Shots fired


Empty stands


Harrowing reminder





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STORY HIGHLIGHTS


  • Chaos erupted in Egypt after 21 people were sentenced to death following a football riot

  • More than 70 people died after match in Port Said between local club Al Masry and Al Ahly

  • Egyptian league was suspended and has yet to restart due to threats of further violence

  • Verdicts for 52 other defendants who were arrested after riot is expected March 9




(CNN) -- The faces of more than 70 young men and boys bore down on the crowd of thousands outside Al Ahly's training complex in Cairo.


As many as 15,000 members of the Ahlawy, the organized ultras fan group of Egypt's most popular soccer club, had gathered here early for the news they, and the country, had been waiting almost a year to hear.


At 10 a.m. a judge was to deliver a verdict on one of the darkest moments in the history of the game.


It happened on February 1, 2012, when more than 70 -- those young men and boys whose faces now appear on a billboard high above the entrance of the club -- lost their lives after a match in the Mediterranean city of Port Said, against local club Al Masry.


Most of the dead were crushed when the Al Masry fans stormed the pitch.








The players sprinted for their lives, finding sanctuary in the dressing room. And then the floodlights went out.


When the lights came back on 10 minutes later, the dead lay piled in a tunnel, in front of a locked, metal gate that had prevented escape before it collapsed under the weight of bodies.


Direct action


Seventy-three people were arrested, many accused of murder. They were mostly Al Masry fans, but included several members of the security forces.


The man allegedly responsible for cutting the power to the lights was also arrested. The Ahlawy suspected that a hidden hand was at work.


There were conspiracy theories, many asked questions: was this just a football rivalry gone very wrong? Or did police allow the violence as payback against the ultras for their part in the revolution?


Read: Clashes erupt after Egypt court sentences


The Ahlawy had played a crucial role in the revolution. They were an organized group of tens of the thousands of young men willing to fight the police -- as they had both inside and out of Egypt's soccer stadiums for the previous four years -- to make their voices heard.


The authorities denied any collusion. It was a tragic accident, they said. Hooliganism and ineptitude, no more, no less, no hidden hand.


But many of the Ahlawy fans were not convinced. The Egyptian soccer league was canceled and the Ahlawy waged a successful direct action campaign to prevent its restart until justice had been served.


The young men waited for the verdict on Saturday. Several had come armed, in anticipation of a further postponement or, worst still, a not guilty verdict. Some carried clubs, others homemade pistols and double-barreled sawn-off shotguns.


Tear gas


At 10 a.m. the judge rose on national television and delivered his verdict. Twenty-one of the accused were sentenced to death. The verdicts for the remaining defendants are expected March 9.


The news swept through the crowd, reducing those in its path to tears of joy; teenagers who had lost friends, mothers who had lost sons, wives who had lost husbands.











Scores dead in Egypt soccer riot














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"It's a very good decision by the court," said Mihai, a member of the Ahlawy who had come to hear the verdict. As with all the ultras, he declined to give his last name.


The guns that had been brought in anticipation of violence were fired into the sky in celebration.


One fan fired an automatic pistol until it jammed. He inspected the piece of failing, unfamiliar equipment. Unable to fix it, he tucked it into his belt and jumped into the sea of celebrating men.


"We hope it will be a perfect ending for this story. We have been waiting for this for so long. For 21 to get executed is a very good decision. So now we wait for the police decision. For sure it wasn't just them that made this," Mihai said.


Back in February, with the raw memories of Port Said just a few weeks old, the Ahlawy had demanded that those responsible should be put to death.


With the court verdict, they received their wish. Justice, they believed, had been served. At least partially.


"The police will be (put to) trial on March 9," said Mohamed, a founding member of the Ahlawy.


The previous night -- on the Egyptian revolution's anniversary -- Cairo was blanketed in tear gas as protesters roamed the streets surrounding Tahrir Square, venting their anger at President Mohamed Morsy and what they see as a lack of any real reforms.


Many, including the Ahlawy, expected further confrontations after the verdict.


But as the crowd moved inside the complex, holding a rally on the club's main soccer pitch, it became clear that no fighting would take place that day.


"I feel satisfied that some of those who committed what we suffered a year ago are going to face what they deserve," said Ahmed, another founding member of the Ahlawy who believed that the right decision had been made.


"It's a strong verdict but they don't deserve less than a strong verdict. Nobody ever wants to see someone dying but when someone kills he deserves a death sentence. He deserves that his life is taken. I don't see a way the police can get away with this."


Port Said ignited


Not everyone was happy, especially those who saw the verdict as a potential springboard to challenge Morsy, whom many of the Ahlawy view as no different from Hosni Mubarak, the former dictator who ruled Egypt for almost 30 years.


"They are giving us something of a painkiller to take out the anger from the young lads -- for me it is not enough," said Hassan, an Ahly fan standing on the training ground pitch.









Egypt unstable after days of protest












































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"All the other political movements and parties were looking at what was going to happen today. Everyone had their hopes for the ultras and now they have given us this painkiller and it has lost its momentum of something really happening against the new regime," he added.


But what had -- if only temporarily -- calmed the Ahlawy, it ignited Port Said.


The verdicts were greeted with astonishment, disbelief, and anger by Al Masry's fans and the families of the 73 accused who had gathered outside the prison in Port Said where the suspects were held.


Like the Ahlawy supporters in Cairo, they too had come prepared. Two policemen were shot dead as the relatives tried to storm the prison. The police fired back. At least 30 people were killed in clashes. Among them was a former Al Masry player.


President Morsy addressed the nation and announced a 30-day curfew, from 9 p.m. until 6 a.m. in the cities worst effected by the violence.


A few hours before the first curfew was due to fall, a storm rolled into Port Said. The streets were empty, the skies dark and pregnant with rain as 9 p.m. approached.


The only sound was the faint, periodic burst of gunfire. It emanated from near the Al Arab police station by the sea.


Smoldering barricades


On approaching it, the dead streets suddenly came alive, as if the entire energy of the city had been focused on one point. Barricades made from burning tires separated the police from groups of young men, exchanging rocks for gunfire.


The clashes had followed the funeral of more protesters, killed the day after the violence outside the prison.


"There are some injuries here," a member of the Red Crescent said as he sheltered from the gunfire in a side street. Ambulances flew by, their sirens blaring.


"We've seen gun bullets from the government. In four days we have seen more than 450 (injured)."


The prospects of a hastily arranged march to defy Morsy's curfew, looked bleak.


But at 8.30 p.m. a crowd of thousands gathered near the same spot the Red Crescent had been waiting to ferry the injured to hospital. They marched through the smoldering barricades towards where the gunfire had previously come from.


Now the army, not the police, was in charge.


Armored personnel carriers and armed troops were stationed on street corners and outside important military and civilian buildings.


At its core were the fans of Al Masry ultras group the Green Eagles. But they were by no means alone. The marchers had come from all sections of Port Said. Several hundred women marched together, denouncing Morsy and Cairo.


The curfew came and went, the crowd mocking its passing. "It's 9 o'clock!" they chanted as they passed the stationed troops.


But there was no animosity towards the army. The police was the enemy. Protesters took it in turns to hug and kiss the young soldiers.


Few would readily admit to being Al Masry fans, nor say whether they were there on that fateful night almost a year ago that set in motion this chain of deadly events.


Vendetta


What they would say is that they believed a miscarriage of justice had taken place, that Morsy had sacrificed Port Said to prevent chaos in Cairo, that traditional antipathy towards Port Said was at play.


"People are truly sure that these people (the 21 sentenced to death) didn't kill anyone. We didn't do it and they (the Ahlawy) don't believe we didn't do this," said Tariq Youssef, a 32-year-old accountant who was on the march with a friend.


"Al Masry will not be back for five years. I'm a big Masry fan. But I can't go anywhere. All the supporters for the big teams in Cairo or anywhere believe that Al Masry supporters did this."


For Tariq, admitting to being an Al Masry supporter outside of Port Said was impossible.


"They say, 'You killed them the Ahly supporters. You are like a terrorist.' Nobody believes us we didn't do anything here. There will be no football in the next five years."


As the march moved back towards the place it had started, machine gun fire rang out once again.


This time it was all around the march, front and back. The crowd scattered. A protester had been shot dead at the back of the march, next to the Al Arab police station.


"In three days we have lost 21 people, judged to be executed, and also about 39 murdered and many injured so there is no family which have not lost a friend, a colleague, a neighbor.


"You can consider this a sort of vendetta between the people and the police," said Muhammad el Agiery, an English tutor who had stayed until the end.


"People are going to stay out all of the night, every day for a month. They reject and refuse the curfew imposed by Morsy," he added.


The next morning the storm was gone and the sun was shining. But the cycle of violence continues. Another funeral march will begin, another barricade will likely be set on fire, and another curfew broken.







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80 fire departments battle 8-alarm blaze in Wisconsin




















Emergency officials are on the scene of a 5 alarm fire at a plant in Burlington Wisconsin.




















































More than 300 firefighters and paramedics from 80 departments across two states battled an 8-alarm fire overnight at Echo Lake Farms Produce Company in Burlington, Wis.

The fire broke out about 6:05 p.m. Wednesday was still smoldering this morning, with firefighters pouring water on hot spots, officials said.






“As of right now, we have departments from Racine to Milwaukee and Waukesha and Kenosha counties, and some from northern Illinois,” said Burlington City Administrator Kevin Lahner.

The factory processes egg products, Lahner said. There was some “ammonia present” and a hazardous materials team from Racine was monitoring air quality around the site.

Ten homes and an apartment complex nearby were evacuated because of smoke, Lahner said, displacing about 50 people.

Fireghters were regularly checked for symptoms of cold exposure because of the frigid temperatures, Lahner said.

The plant covers about 70,000 square feet and is one of the town's largest employers, according to Lahner. The plant's 300 workers were told to stay home today.

pnickeas@tribune.com
Twitter: @peternickeas






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