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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Washington wins 3 trophies at NAACP Image Awards






LOS ANGELES (AP) — Kerry Washington was a triple threat at the NAACP Image Awards.


The star of ABC’s “Scandal” picked up a trio of trophies at the 44th annual ceremony: outstanding actress in a drama series for “Scandal,” supporting actress in a motion picture for “Django Unchained” and the President’s Award, which is given in recognition of special achievement and exceptional public service.






“This award does not belong to me,” said Washington, who plays a slave separated from her husband in “Django Unchained,” as she picked up her first trophy of the evening for her role in the film directed by Quentin Tarantino. “It belongs to our ancestors. We shot this film on a slave plantation, and they were with us along every step of the way.”


Washington, who plays crisis management consultant Olivia Pope on “Scandal,” serves on President Barack Obama‘s Committee on the Arts and the Humanities.


Don Cheedle was awarded the outstanding actor in a comedy series trophy for his role as a slick management consultant in Showtime’s “House of Lies.”


“This doesn’t belong just to me, but I am taking it home tonight,” joked Cheedle.


A few winners weren’t present at the Shrine Auditorium to pick up their trophies, including Denzel Washington for outstanding actor in a motion picture for “Flight,” Viola Davis for outstanding actress in a motion picture for “Won’t Back Down” and Omar Epps for supporting actor in a drama series for Fox’s “House.”


“Red Tails,” the drama about the Tuskegee Airmen, was honored as outstanding motion picture.


“Look! I beat Quentin Tarantino,” beamed “Red Tails” executive producer George Lucas as he accepted the award.


LL Cool J, who was honored as outstanding actor in a drama series for CBS’ “NCIS: Los Angeles,” dedicated his trophy to fellow nominee Michael Clarke Duncan, “The Green Mile” and “The Finder” actor who died last year.


“I wish his family well,” said LL. “Let’s give it up for him.”


Gladys Knight sang during the in memoriam segment, but the beginning of her performance wasn’t heard on the live NBC broadcast because of a technical glitch.


Sidney Poitier presented Harry Belafonte with the Spingarn Award, which honors outstanding achievement by an African American. His honor was followed by a serenade from Wyclef Jean and Common.


Other winners at the ceremony hosted by talk show host Steve Harvey included Loretta Devine as supporting actress in a drama series for “Grey’s Anatomy,” Cassi Davis as outstanding actress in a comedy series and Lance Gross as outstanding supporting actor in a comedy series for TBS’ “Tyler Perry’s House of Payne.”


The Image Awards are presented annually by the National Association for the Advancement of Colored People, and the group’s members select the winners.


___


Online:


http://www.naacpimageawards.net


___


Follow AP Entertainment Writer Derrik J. Lang on Twitter at http://www.twitter.com/derrikjlang


Entertainment News Headlines – Yahoo! News





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Video: Incubator for the Next Generation of Game Design








0fc92  3Gduepif0T1UGY8H4yMDoxOm1qO387Kn Video: Incubator for the Next Generation of Game DesignPlay


Jan. 31 (Bloomberg) — Carol Massar explores the world of video games. She speaks on Bloomberg Television’s “On the Move Asia.” (Source: Bloomberg)










Businessweek.com — Top News





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BMO Study: Two in Five Canadians Open to Being Their Own Boss in Retirement






TORONTO, ONTARIO–(Marketwire – Feb 2, 2013) – According to a study released today by BMO Financial Group, many Canadians envision becoming entrepreneurs during their retirement years; 39 per cent say that it is likely they will start their own business after they reach retirement age (65 years old). More generally, 81 per cent plan on working in some capacity during their retirement. 


The top reasons identified by Canadians for starting their own business in retirement are:






  • The need for additional income (75 per cent)

  • A desire to stay sharp/mentally focused (62 per cent)

  • It would be an enjoyable hobby (53 per cent)

“It”s clear that many Canadians are looking to generate additional income during their retirement years,” said Marlena Pospiech, Senior Manager, BMO Wealth Planning Group, BMO Financial Group. “People are living longer than ever before so, for an increasing number of Canadians, retirement savings may need to last more than 25 years. Additionally, with the decline in employer-sponsored defined registered pension plans and reforms to government pension plans, there”s now a greater need for people to supplement their income during retirement to compensate for that income gap. This is particularly true for those who haven”t been saving aggressively for retirement through retirement savings vehicles such as RRSPs and TFSAs.”


Other key study findings:


  • Men are more likely than women to start their own business in retirement (46 per cent vs. 33 per cent).

  • Those in Alberta are the most likely in Canada to start their own business in retirement (53 per cent); Quebecers are the least likely (25 per cent).

Ms. Pospiech added that Canadians are getting creative in how they picture their retirement; many view a gradual transition from work to full-time retirement as the optimal choice. She noted that not only does working longer benefit your bank account by generating additional income, it also helps keep retirees mentally active, involved in the community and contributing to the larger economy.


Funding a small business in retirement


The study also found that, when asked about how they plan to fund their business, almost half (47 per cent) of Canadians responded that they would use a portion of their retirement savings. Other funding sources pre-retirees said they would consider include:


  • A separate savings account earmarked for a business (43 per cent)

  • A loan from a bank or another source (34 per cent)

  • Their inheritance (21 per cent)

  • Family/friends (14 per cent)

“While it may be tempting to draw on retirement savings to fund your post-retirement business, there are other options available,” said Steve Murphy, Head of Commercial Banking for BMO Bank of Montreal. “It”s important that those looking to start a business have personal retirement savings, as well as savings set aside to fund their retirement business along with a business plan. A financial professional can help you develop a strategy that incorporates saving for retirement, as well as a post-retirement business.” 


For those who are considering starting a business when they retire, BMO offers the following tips:


  • Do your research: Take advantage of the resources and networks you have built over the years and learn all you need to know to set up your company. Look to replicate successful business models, gain industry insight and learn about the marketplace.

  • Develop a plan: Draft a business plan that takes into consideration your competition, the products and services you will offer, potential customers, sales targets and what you will need to cover your costs.

  • Consider the pros and cons: Think carefully about how you envision your ideal retirement lifestyle and consider consulting your spouse, family and friends on their opinions. Determine why you want to start your own business and how this will impact your retirement income and lifestyle.

  • Alternative sources of income: For retirees simply looking for additional cash flow, determine if starting a business from scratch is right for you. Look at alternative options that are not as time-consuming such as part-time jobs or contract work. 

  • Seek outside advice: Speak to an accountant and a small business banker – financial specialists who can provide insight into setting up your company, market competition and personal and business capital needs. Also speak with your financial planner/advisor who can help determine the right financial plan for you and your business.

For more information on starting a small business, please visit: http://www.bmo.com/home/small-business.


Get the latest BMO press releases via Twitter by following @BMOmedia


The results cited in this release are from a Pollara survey with a sample of 1,000 Canadians 18 years of age and over, fielded online between January 17th and January 22nd, 2013. A probability sample of this size would yield results accurate to ± 3.1 per cent, 19 times out of 20.


Marketwire News Archive – Yahoo! Finance





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"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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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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Beyonce admits Inauguration Day pre-recording






NEW ORLEANS (AP) — Beyonce answered critics of her Inauguration Day performance the best way she could — with another sterling performance of the national anthem.


The difference?






On Thursday, it was live: She admitted during her Super Bowl news conference that when she performed for President Barack Obama and the nation, she decided to sing to a prerecorded track because she didn’t have time to practice. Calling herself a self-proclaimed “perfectionist,” she said wanted the day to go off without a hitch.


“I practice until my feet bleed and I did not have time to rehearse with the orchestra,” she said, adding that she was also emotional that day. “Due to no proper sound check, I did not feel comfortable taking a risk. It was about the president and the inauguration, and I wanted to make him and my country proud, so I decided to sing along with my pre-recorded track, which is very common in the music industry. And I’m very proud of my performance.”


It was the superstar’s first public comments on what has become known as “Beyonce-gate.”


Her rendition of the anthem was critically praised, but was scrutinized less than a day later when a representative from the U.S. Marine Band said Beyonce was lip-syncing — merely mouthing the words to a pre-recorded track — and the band’s accompanying performance was taped. Shortly after, the group backed off its initial statement and said no one could tell if she was singing live or not.


With the controversy growing each day, and everyone from politicians to other entertainers weighing in, the inauguration performance threatened to overshadow her planned Super Bowl halftime show. So the 31-year-old, wearing a tight, cream mini-dress, addressed the issue as soon as she took to the podium Thursday afternoon.


She asked everyone to stand, and, with an image of the American flag behind her, performed a live rendition of the national anthem that mirrored the one on Inauguration Day. After, she said with a laugh: “Any questions?”


Despite her performance, there were.


When pressed about whether any sound was coming from her voice when she sang for the president, she said she was singing along to the track and not mimicking (though it’s unclear how audible her voice was). And when asked if she would be singing live at the Super Bowl, she said: “I will absolutely be singing live.


“This is what I was born to do.”


She added later: “I always sing live. … The inauguration was unfortunately a time where I could not rehearse with the orchestra, actually because I was rehearsing for the Super Bowl. So that was always the plan.”


Beyonce also got a chance to talk more in detail about the reason why she was in New Orleans — to perform at the halftime show. Calling it one of her career aspirations, she said when she arrived at the Superdome, she was so moved by the experience she took her shoes off and ran on the field, taking in the history at the famed venue.


“It really makes me emotional,” she said. “When I am no longer here, it’s what they’re gonna show.”


Beyonce has teased photos and video of herself preparing for the show, which will perhaps be the biggest audience of her career. Last year, Madonna’s halftime performance was the most-watched Super Bowl halftime performance ever, with an average of 114 million viewers. It garnered more viewers than the game itself, which was the most-watched U.S. TV event in history.


But she would not give anything more away about the performance. While a Destiny’s Child reunion was shot down by Michelle Williams, who is starring in a production of “Fela!”, the third Destiny’s Child member, Kelly Rowland, is in town. Beyonce laughed off questions of whether Rowland or Beyonce’s husband, Jay-Z, would join her on stage.


“I can’t give you any details, sorry,” she said.


She also would not reveal her set list, though acknowledged she was having a hard time trying to “condense a career into 12 minutes.”


Before the news conference, Beyonce’s “Life is But A Dream” was shown to the media. The documentary about the star’s life features her talking in-depth about intimate details of her life, including suffering a miscarriage; it will air on HBO on Feb. 16.


In it, she also reveals more of her 1-year-old daughter Blue Ivy, whom she called her inspiration.


“I feel like my daughter changed me and changed my life and has given me so much purpose,” she said. She added that she was counting down until 9 p.m. Sunday, when her performance would be over — and she could be reunited with Blue Ivy.


___


Follow Nekesa Mumbi Moody at http://www.twitter.com


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Canadian dollar declines ahead of U.S. jobs data






TORONTO (Reuters) – The Canadian dollar weakened on Friday, ahead of a U.S. jobs report which will be closely scrutinized for clues on the economic health of Canada’s main trading partner and for what it means for U.S. monetary policy.


The U.S. non-farm payrolls report is expected to show modest growth in January, supporting a view that the U.S. economy continues to recover despite a surprise contraction in economic growth in the final three months of 2012.






The employment report is central as the U.S. Federal Reserve has tied its monetary stance to improvement in the labor market.


Shaun Osborne, chief currency strategist at TD Securities, said he was braced for less-than-dazzling news.


“The trend for U.S. data releases recently has been towards disappointment relative to expectations and we are a little bit below consensus so we’re expecting perhaps a softer number would be a modest negative for the Canadian dollar,” he said.


At 7:52 a.m. (1252 GMT) the Canadian dollar was trading at C$ 0.9993 to the greenback, or $ 1.0007, compared with C$ 0.9973, or $ 1.0027, at Thursday’s North American close.


The currency hit a fresh 13-month low of C$ 1.3669 against the euro, as the single currency recorded broad gains on a positive outlook for the euro zone.


While the Canadian data calendar is sparse, other U.S. data on tap includes manufacturing and construction spending, and vehicle sales.


The price of a two-year Canadian government bond was unchanged to yield 1.163 percent, while the benchmark 10-year bond fell 19 Canadian cents to yield 2.010 percent.


(Editing by Bernadette Baum)


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Templeton Global Income Fund (“GIM”) Announces Dividend






FORT LAUDERDALE, FL–(Marketwire – Feb 1, 2013) –  Templeton Global Income Fund ( NYSE : GIM ) today announced its regular monthly dividend from net investment income of $ 0.035 per share, payable on February 28, 2013, to shareholders of record on February 13, 2013 (Ex-Dividend Date: February 11, 2013).


The Fund’s investment manager, Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin Resources, Inc. ( NYSE : BEN ), a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $ 781 billion in assets under management as of December 31, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.






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