Monday, November 28, 2011

Pope calls for responsible, credible climate deal

Pope Benedict XVI holds an audience for members of the Caritas, in St.Peter's Basilica at the Vatican, Thursday, Nov. 24, 2011. Pope Benedict XVI says the global economic crisis requires a courageous show of brotherhood. Benedict also expressed concern in a speech Thursday at the Vatican that there is a risk that hope will diminish amid the growing troubles, including the uncertainty that young people feel amid the economic crisis. The pope said "humanity is searching for signs of hope." (AP Photo/Andrew Medichini)

Pope Benedict XVI holds an audience for members of the Caritas, in St.Peter's Basilica at the Vatican, Thursday, Nov. 24, 2011. Pope Benedict XVI says the global economic crisis requires a courageous show of brotherhood. Benedict also expressed concern in a speech Thursday at the Vatican that there is a risk that hope will diminish amid the growing troubles, including the uncertainty that young people feel amid the economic crisis. The pope said "humanity is searching for signs of hope." (AP Photo/Andrew Medichini)

(AP) ? Pope Benedict XVI called Sunday for delegates attending this week's U.N. climate change conference in South Africa to craft a responsible and credible deal to cut greenhouse gases that takes into account the needs of the poor.

Some 25,000 government officials, lobbyists and scientists are expected to attend the two-week conference that opens Monday in Durban. The immediate focus is the pending expiration of the Kyoto Protocol, the 1997 agreement requiring 37 industrialized countries to slash carbon emissions to 5 percent below 1990 levels by 2012.

Western governments are expected to try to get China and other growing economies to accept legally binding curbs on greenhouse gases, as well. Poor countries want the signatories to accept further reductions in a second commitment period up to at least 2017.

Benedict, who has been dubbed the "green pope" for his environmental concerns, launched an appeal Sunday to government representatives attending the Durban conference to craft a responsible revised Kyoto deal.

"I hope that all members of the international community agree on a responsible and credible response to this worrisome and complex phenomenon, taking into account the needs of the poorest and future generations," he said during his traditional Sunday blessing from his studio overlooking St. Peter's Square.

Benedict denounced the failure of world leaders to agree to a successor treaty to Kyoto during a 2009 U.N. climate summit in Copenhagen. He said then that world peace depends on safeguarding God's creation.

The 84-year-old German pope has voiced increasing concern about protecting the environment in his encyclicals, during foreign trips, speeches to diplomats and in his annual peace message. Under Benedict's watch, the Vatican has installed photovoltaic cells on its main auditorium to convert sunlight into electricity and has joined a reforestation project aimed at offsetting its CO2 emissions.

For the pontiff, it's a moral issue: Church teaching holds that man must respect creation because it's destined for the benefit of humanity's future. He has argued that climate change and natural catastrophes threaten people's rights to life, food, health and ultimately peace.

Associated Press

Source: http://hosted2.ap.org/apdefault/b2f0ca3a594644ee9e50a8ec4ce2d6de/Article_2011-11-27-EU-Vatican-Climate/id-d0f3a183caf64f4d9bc2321ab6888243

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Sunday, November 27, 2011

Black Friday sales up 7 pct; retailers look ahead (AP)

The holiday shopping season got off to a strong start on Black Friday, with retail sales up 7 percent over last year, according to the most recent survey. Now stores just have to keep buyers coming back without the promise of door-buster savings.

Buyers spent $11.4 billion at retail stores and malls, up nearly $1 billion from last year, according to a Saturday report from ShopperTrak. It was the largest amount ever spent on the day that marks the beginning of the holiday shopping season, and the biggest year-over-year increase since 2007. Chicago-based ShopperTrak gathers data from 25,000 outlets across the U.S., including individual stores and shopping centers.

The Mall of America in Bloomington, Minn. broke its Black Friday record for shoppers, thanks to a decision to open at midnight for the first time. Around 210,000 visitors came to the mall on Friday, up from 200,000 last year, according to mall spokeswoman Bridget Jewell.

Online shopping was strong as well, with a 24.3 percent increase in online spending on Black Friday, according to IBM, which tracks sales at 500 online retailers.

Bill Martin, who founded ShopperTrak, said he was surprised by the strong showing. He had expected the weak economy to dent consumer confidence and keep more shoppers out of the stores, or at least from spending much. Instead, he said, they responded to a blanket of promotions, from 60- and 70-percent off deals to door-buster savings on electronics.

"I'm pleased to see it. You can't have a great season without having a good Black Friday," Martin told The Associated Press in an interview.

Sales were also up 4 percent each in the two weeks leading up to Black Friday, as retailers started their promotions earlier than usual or extended their hours.

Still, he suspects things will quiet down this weekend, as promotions end and the buying frenzy subsides. ShopperTrak is expecting holiday sales to be up 3.3 percent this season. Retailers generally rely on sales between Thanksgiving and Christmas to make up 20 percent of their annual take.

There weren't many shoppers at Pioneer Place Mall in Portland, Ore., on Saturday.

"This is great, I'm glad I waited," said MaryJane Danan, who drove two hours from Corvallis, Ore., to go shopping with her teenage daughters. She stayed home on Black Friday because she thought the crowds would be huge. But she was surprised by how few people were out Saturday.

At Crabtree Valley Mall in Raleigh, N.C., Mary Aker was forced to use valet parking Friday because she couldn't find a parking spot. But on Saturday, the pace had let up a little, so she and her husband came back to do some more shopping.

Aker, 58, a retired librarian, said she's spending about as much as she usually does for Christmas. But she's asking people what they want ahead of time to make sure everyone is happy.

At the same mall, sisters Patricia Harrington, Betty Thomas and Laverne Kelly had been shopping all weekend, starting with an all-nighter Thursday after Thanksgiving dinner. The sisters said things calmed down considerably by Friday and Saturday. They suspected a lot of people were shopping online, but they were also underwhelmed by the discounts.

"People are losing their jobs. They should have better deals," said Kelly, 50 and a customer service agent at FedEx.

"There are a lot of people out here but fewer bags," added Thomas, 52 and a health coordinator at a Raleigh hospital.

Thanksgiving weekend, particularly Black Friday, is huge for retailers. Over the past six years, Black Friday was the biggest sales day of the year, and it is expected to keep that crown this year, though shoppers seem to be procrastinating more every year and the fate of the holiday season is increasingly coming down to the last few days before Christmas.

Last year, the Thanksgiving shopping weekend accounted for 12.1 percent of overall holiday sales. Black Friday made up about half of that.

___

AP Business Writer Sarah Skidmore contributed from Portland, Ore. AP Business Writer Christina Rexrode contributed from Raleigh, N.C.

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20111127/ap_on_bi_ge/us_holiday_shopping

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