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 Posted: Thu 19:45, 26 Sep 2013 Post subject: is rabidly orthodox |
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their livelihoods on the wrong side of the law, the Borno State government is desperate to crack down on Boko Haram, the Islamist sect that has killed at least 40 people in the past two weeks. The group, which is seeking to overthrow the secular government in favor of a Muslim state, is rabidly orthodox (including reportedly forbidding its members to wear shorts), and has become known for brazen public attacks conducted while riding motorbikes.But while Boko Haram gunmen have assassinated police officers and politicians in drive-by motorbike attacks, these bikes are the predominant mode of transportation in the mostly impoverished city. Members of the Motorcycle Transport Union have protested the ban on their livelihood, but the government has promised to provide 5,000 new rickshaws and buses to create jobs.A motorbike ban does not directly address all of Boko Haram’s regular terror acts: the group has also been known to attack bars, churches and prisons as a protest of Western or Christian influence in the predominantly Muslim northern half of Nigeria.Although Boko Haram’s violence began and is most prevelant in the northern reaches of the country such as Maiduguri,http://www.tinfoti.com, the group has claimed responsibility for acts of terror throughout Nigeria. Last month, the sect attacked police headquarters in the centrally located capital of Abuja, killing at least six people. Haram is an Arabic term meaning ‘legally forbidden by Muslim law,[url=http://www.tinfoti.com]Christian Louboutin Sale[/url],’ while Boko literally means ‘fake,’ but has come to signify Western practices and attitudes.Everett Rosenfeld is a TIME contributor. Find him on Twitter at @Ev_Rosenfeld. You can also continue the discussion on TIME’s Facebook page and on Twitter at @TIME.No Bottoming Out for Real Estate Market as Home Values Keep FallingIf you’re watching the real estate markets, the good news is that the Federal Reserve has pledged to keep interest rates low through 2014. The bad news is that the market is going to need it. The November Case-Shiller housing numbers, released this morning, indicate that prices tumbled 3.7% from the year before. That’s below expectations of a 3.2% drop.Even worse, it contradicts a trend in which the rate of price drops had been slowing. For several months, prices had been falling, but by a slightly smaller percentage each month — indicating a bottoming out. This latest data may be an outlier, or it may (horrors!) presage another leg down. (Housing prices are currently 32.9% off their peak).(MORE: Consumers Expected to Spend $11 Billion on the Super Bowl)Current speculation among housing observers is that after a lull in the processing of foreclosures due to the robo-signing scandal, we may be seeing a new flow of distressed homes coming onto the market. If that’s the case, then the newly marketed foreclosures could hold prices down for the next few months.However, there’s a lot of optimism building in the real estate community, too, so when prices turn, they may turn suddenly. Unemployment claims, for instance,[url=http://www.tinfoti.com]Cheap Christian Louboutin[/url], hit nearly a four-year low, while the national jobless rate is at 8.5% — not spectacular by any means but certainly better than the 9% to 10% range we’ve seen in recent years.(MORE: Election 2012: Will the Real GOP Candidate Please Stand Up?)Sentiment among homebuilders, meanwhile,[url=http://www.tinfoti.com]Christian Louboutin Men[/url], hit its highest level in four years, while the National Association of Home Builders Remodeling Index rose last week to a five-year high.For housing prices, the regional picture did not change, with Washington, D.C., a bright spot for some time, posting year-over-year increases.Phoenix, meanwhile, is a city to watch. The metro area posted an increase in prices of 0.6% from the previous month. While the market there is still down 3.6% year-over-year, the monthly pop might indicate that sun-seekers are finally biting at bargains of more than 50% off peak prices.No Country for Old MenBack in the day, reporters in Beijing used to spend a fair chunk of time on the often frustrating task of trying to follow the
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