Retail rents in S'pore up 2% in 2012

SINGAPORE: Prices of shop space rose 2.0 per cent in 2012, while rentals dropped marginally by 0.3 per cent according to the latest statistics from the Urban Redevelopment Authority (URA).

Yields of retail units have dropped last year, but most market experts Channel NewsAsia spoke to are optimistic about the demand for retail space in Singapore from both investors and retailers.

After just one week, some retail units at the newly-launched mixed commercial development Alexandra Central are reportedly put on the market again.

Such speculation raises the possibility of cooling measures being extended to the commercial property sector where prices of strata-titled retail units have jumped by some 56 per cent over the last two years while median rentals have gone up by up to 35 per cent, according to Savills Singapore.

Alan Cheong, research head at Savills Singapore, said: "Rentals are not keeping up with price increases, meaning there will be yield compression. We also noticed that strata title units sold was about 1,274 square feet (in 2010). Last year, it was only 430 square feet. There is shrinkage in the average size of retail units."

A smaller strata-titled unit could reduce the capital outlay for investors despite prices on a per square foot basis getting more expensive.

But market experts note that vacancy rates at 5.2 per cent in the fourth quarter of 2012 is at a 15-year low.

Unlike residential private property where an oversupply may be expected in the next few years, analysts believe demand for retail space is still strong.

Ku Swee Yong, CEO of International Property Advisor, said: "The future supply coming on stream will be spaced out for the next four to five years. And a large number of is concentrated in Jurong East where there will be creation of several thousand new jobs in two hospitals."

Prime rents like those on Orchard Road are expected to stay resilient. In the worst case scenario, analysts expect a mild correction of up to three per cent. This is because of the strengthening Sing dollar and a slower Singapore economy in 2013.

Analysts said URA data on shop space rentals are derived from a wide variety of commercial properties like strata-titled units, and those belonging to real estate investment trusts or REITS.

A decline in the rental index in shop space could be due to a higher number of leases from those in the heartlands, which are typically lower than those from the Orchard Road belt.

- CNA/fa

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Supreme Court directs Karnataka to file report on water sharing with TN

NEW DELHI: The Supreme Court today directed Karnataka to furnish all the information on amount of Cauvery river water shared by it to Tamil Nadu since 1992 and said that out of box thinking is required on the part of warring states to sort out the dispute.

A bench of justices R M Lodha and J Chelameswar asked Karnataka to submit its report tomorrow when it will hear the plea on passing intermin direction on sharing of water by the two states.

The bench also observed that requirement of drinking water for Karnataka should be given priority over water needed by Tamil Nadu for irrigation purpose and some out of box thinking is required to balance the demand of two states.

"Some equitable sharing has to be done. Some out of box thinking is required. There has to be some interim solution," the bench said while pulling Karnataka for not adhering to the formula of water sharing.

Earlier on December 5, the Supreme Court had directed Karnataka to release 10,000 cusecs of Cauvery water daily to its neighbouring state and asked Cauvery Monitoring Committee (CMC) to hold a meeting to decide the amount of water required by each state.

Cusec is a measure of flow rate of water and is abbreviation for cubic feet per second (which is equivalent to a flow of 28.317 litres per second) and 11,000 cusecs flow for a day amounts to 1 TMC (thousand million cubic feet) water.

The committee had then directed Karnataka to provide Tamil Nadu with 12 TMC of Cauvery water during December and did not pass any order for the month of January as the Centre had assured the apex court that it would notify the Cauvery Water Disputes Tribunal award by December 31.

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Doomed Dolphin Speaks to New York's Vibrant Wildlife

By the time New Yorkers spied a dolphin swimming through the superfund sludge of the Gowanus Canal last Friday, it was too late. The marine mammal didn't even survive long enough for a rescue plan to come together. First sighted on Friday afternoon, the dolphin perished at 6:00 p.m.

The reason the marine mammal died, and why the dolphin swam up the polluted waterway in the first place, is as yet unknown. But the sad story of the wayward creature highlights the strange nature of New York City, the global epitome of urbanity. Hidden within Gotham are native carnivores, marine mammals, and even species that have scarcely been seen before.

Marine mammals are arguably the most high-profile of New York City's wild residents and visitors. The Gowanus Canal dolphin was only the latest to venture within city limits. Just a month ago, a 60-foot-long finback whale (Balaenoptera physalus) became stranded in the Rockaway Inlet of Queens. The emaciated animal died the day after it was discovered.

There seems to be no singular reason explaining why marine mammals such as the Gowanus dolphin and Queens' finback whale wander up the city's rivers or strand on beaches. Each case is unique. But not all the city's marine mammal visitors suffer terrible fates.

In 2006, a hefty manatee (Trichechus spp.) took a long jaunt from its Florida home up the East Coast, including a detour down New York's Hudson River. The sirenian survived the trip, continuing on to Cape Cod before reportedly turning back south to a destination unknown. Hopefully the manatee didn't encounter any great white sharks (Carcharodon carcharias) on the return journey, a marine predator we know patrols the waters off New York.

Of course, New York City's whales, seals, and occasional manatee can only skirt the city along its shores and canals. You likely won't see a seal caterpillaring its way along Broadway.

Yet the city's interior also hosts a strange accumulation of wildlife, including native animals that are carving out spaces for themselves in the concrete corridors and exotic species that we have introduced to city life.

Coyotes (Canis latrans) may be the cleverest of New York City's hidden wildlife. Thanks to camera traps, and the occasional police chase through Lower Manhattan, researchers are keeping track of the wily canids and studying how they are so successfully taking up residence in many of the nation's cities. "Most small, urban parks will likely hold a pair and their offspring at most—coyotes are very territorial," said Cornell University ecologist Paul Curtis.

The secretive carnivorans bring a welcome element to urban neighborhoods—an appetite for rodents—and are experts at cracking open new niches alongside people.

Black bears (Ursus americanus) may be next. The bears have proliferated in northern New Jersey in recent years, and in 2010, a black bear came within three miles of the George Washington Bridge, a major thoroughfare between New Jersey and Manhattan. The bear obviously would have eschewed rush hour traffic and the tolls, but the local population is so bountiful that it's not unreasonable to think some enterprising bear might eventually wander into the big city.

Strangely, you may actually be more likely to run into a crocodylian predator in New York City than a black bear. New Yorkers have a nagging habit of importing—and losing-alligator—like caimans and other reptiles within the city.

In 2010, an 18-inch long caiman took refuge under a parked Datsun in Astoria, Queens. No one knows how the reptile wound up on the street, but given the trend of owners buying cute crocodylians and later dumping them, someone may have abandoned the poor little caiman.

This would hardly be the first time. In 2006, another little caiman was found in the leaf litter behind Brooklyn's Spring Creek Towers, while "Damon the Caiman" swam around a Central Park lake in the summer of 2001. These caimans are only some of the most famous—according to a New York Times report, the Brooklyn-based Animal Care and Control deals with about ten caimans each year.

Many other unusual and exotic animals have romped through New York. Under some of their most notable animal celebrities, the city's Parks and Recreation department lists guinea pigs, boa snakes, and even a tiger that escaped from a circus in 2004 and ran down Jackie Robinson Parkway before his owners were able to get him back.

The Big Apple even contains species that have never been documented before. No, not the ballyhooed "Montauk Monster"—actually a rotted raccoon—but a distinct species of leopard frog. Described early this year, the cryptic amphibian was given away by its unique mating call.

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Gym Turned Into Morgue for Nightclub Fire Victims

Coffins lined a gymnasium in Santa Maria, Brazil, today as family members tried to identify their loved ones after a fast-moving fire tore through a crowded nightclub Sunday morning, killing more than 230 people and injuring hundreds more.

A community gym near the popular Kiss nightclub has been converted to a temporary morgue were family members were led in one by one Sunday night and early this morning to identify the dead. Outside the gym police held up personal objects, including a black purse and blue high-heeled shoe, as people seeking information on loved ones crowded around, hoping not to recognize anything they were being shown.

"Doctors from other parts of Brazil were flown in to assist the medical side of this," BBC reporter Julia Carneiro told ABC News this morning. "One hundred people are injured and in hospital. Some have been flown to other cities that have better hospital capacity."

PHOTOS: Santa Maria, Brazil Nightclub Fire

Flames and smoke outraced a terrified crowd at the Kiss nightclub, located in the southern city of Santa Maria, shortly after 2 a.m. Sunday morning. Panicked partygoers tried to outrun flames and black, thick smoke, but the club appeared to have only one open exit, police Maj. Cleberson Braida Bastianello told The Associated Press.

Police confirmed that the toll had risen to 231 with the death of a hospitalized victim.

Hours after the fire, cellphones on the victims were ringing inside the still-smoldering nightclub as family members tried to contact their loved ones, Brazilian radio reporter Sara Bodowsky told "World News" anchor David Muir.

JEFFERSON BERNARDES/AFP/Getty Images

Brazil Nightclub Fire: Nearly 200 People Killed Watch Video

"It's really like a war zone in here. We have [over 230] bodies laid down, side by side, so the families go inside one by one. They look at the bodies," Bodowsky said.

The first funerals for the victims were scheduled to begin later today for those families who have identified their loved ones.

"It was terrible inside. It was like one of those films of the Holocaust, bodies piled atop one another," police inspector Sandro Meinerz said Sunday. "We had to use trucks to remove them. It took about six hours to take the bodies away."

Investigators believe the blaze began when a band's small pyrotechnics show ignited foam sound insulating material on the ceiling, releasing a putrid haze that caused scores of people to choke to death.

Survivors and police inspector Marcelo Arigony said security guards briefly tried to block people from exiting the club in the mass confusion and chaos moments after the fire began.

But Arigony said the guards didn't appear to block fleeing patrons for long. "It was chaotic and it doesn't seem to have been done in bad faith because several security guards also died," he told the AP.

Police Maj. Bastianello told the AP by telephone the death toll was likely made worse because the nightclub appeared to have just one exit through which patrons could exit.

A security guard told the newspaper Diaro de Santa Maria that the club was filled to capacity, with 1,000 to 2,000 people inside.

Meanwhile, people outside tried to break through walls to get in to save those trapped inside.

Michele Pereira told the Folha de S. Paulo newspaper that she was near the stage when members of the band lit some sort of flare.

"The band that was onstage began to use flares and, suddenly, they stopped the show and pointed them upward," she said. "At that point, the ceiling caught fire. It was really weak, but in a matter of seconds it spread."

Guitarist Rodrigo Martins told Radio Gaucha that the band, Gurizada Fandangueira, started playing at 2:15 a.m. "and we had played around five songs when I looked up and noticed the roof was burning."

"It might have happened because of the Sputnik, the machine we use to create a luminous effect with sparks. It's harmless, we never had any trouble with it," he said. "When the fire started, a guard passed us a fire extinguisher, the singer tried to use it but it wasn't working."

He confirmed that accordion player Danilo Jacques, 28, died, while the five other members made it out safely.

Brazilian President Dilma Rousseff, who was attending a summit with European Union leaders and the Community of Latin American and Caribbean States in Chile, cut her trip short and returned home to Brazil Sunday.

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Senate’s pragmatic ranks depleted by one with Chambliss’s departure

The trio of Southern gentlemen came to the Senate together in 2003, the leading edge of a renegade Republican class set on shaking up the chamber’s staid ways and aggressively promoting the Bush White House’s conservative agenda.

Ten years later, Sens. Lamar Alexander (Tenn.), Saxby Chambliss (Ga.) and Lindsey O. Graham (S.C.) are now establishment dealmakers and elder statesmen — roles that earn them respect in Washington but could lead to tough challenges from fellow Republicans when they run for re-election next year.

On Friday, Chambliss announced that there would be no re-election for him, opting for retirement over another run that was certain to include a heated primary challenge, possibly from several candidates. Chambliss took pains to say that he would have won and instead cited Washington “gridlock” as his reason for retiring.

Regardless, Chambliss’s departure is another blow to the pragmatic wing of the Senate, with a lineup of potential successors all hailing from the staunchly conservative camp of the Georgia GOP.

Chambliss’s successor is likely to contribute to a rightward movement over the past four years that has made the ranks of Senate Republicans more conservative, but also led to repeated political disappointment. A handful of 2010 and 2012 Republican primaries produced nominees who bungled their way to general election defeat, when victory once appeared certain.

What happens with the other two Southerners could go a long way to determining the ideological makeup of the Senate Republican caucus.

Alexander and Graham are both running, raising money and appearing throughout their states. Alexander, a former two-term governor and U.S. education secretary, has the stronger footing for the moment, having locked up the endorsements of his state’s GOP congressional delegation and every prominent Republican state official. Graham has no prominent challenger yet, but Palmetto State Republicans are sizing up the race trying to decide if he’s ripe for a challenge.

That Alexander, Chambliss and Graham have found themselves in this situation, a decade after debuting as rabble rousers who helped return the chamber to GOP control, is the latest demonstration of how much the Republican Party has changed. Its voters more than ever demand a confrontational tone and in-your-face tactics, the sort of behavior that they have shied away from.

“The big change is in terms of strategy and tactics,” said Stuart Rothenberg, editor of the nonpartisan Rothenberg Political Report, noting that the three incumbents are all fairly conservative in their policy positions. “The war has changed. Republican voters want every fight to be hand-to-hand combat. They don’t want to give any ground.”

Alexander rejected the idea that the trio had “gone Washington” as they each became more powerful. “I know my way around here. We’re each finding our niche, and that’s pretty normal after 10 years,” he said in a recent interview.

Before his Friday announcement, Chambliss had been viewed as the most vulnerable Republican incumbent to a challenge from within. His apostasies to the new Republican posture were numerous in recent years, most prominently being his close partnership with Sen. Mark Warner (D-Va.) in an effort to craft a bipartisan package of tax hikes and entitlement cuts to rein in the federal government’s $16.4 trillion debt.

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Syria pledges to end opposition prosecutions

DAMASCUS: Syria's high judicial council has announced a suspension of prosecutions of opposition members so they can join a national dialogue, state media reported on Sunday, without detailing the nature of crimes affected by the ruling.

The report comes after Interior Minister Mohammed al-Shaar had earlier vowed to ease the return of Syrian opposition members living in exile so that they too can take part in the dialogue proposed by President Bashar al-Assad on January 6.

"The high judicial council has decided to discontinue all prosecutions against opposition forces and individuals so they may participate in the national dialogue" the official news agency SANA said, without elaborating.

The council stressed that those "opposition forces will be designated by the government or first ministerial action group charged with implementing the preparatory phase of the programme to resolve the Syrian crisis."

In his January 6 speech, Assad proposed a dialogue with opposition figures who were not "slaves of the West" and on condition that "terrorist attacks" came to a halt before any political transition.

The regime has branded activists and armed insurgents alike as terrorists.

Shaar, in comments reported by state media on Saturday, said the directive allowing Syrians living abroad to return was not a blanket amnesty.

"Executive orders will be issued to border crossings to facilitate and guarantee that all political opposition forces may enter the country, maintain residency and leave at will," Shaar was quoted as saying.

"There is a big difference between those who safeguard their nation and those who are complicit in foreign agendas."

The United Nations says that more than 60,000 people have been killed in Syria's uprising, which broke out in March 2011 with peaceful protests and morphed into an armed insurgency after a harsh regime crackdown.

- AFP/xq

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Decision on Telangana deferred yet again

NEW DELHI/ HYDERABAD: A decision on the Telangana statehood demand was deferred today with the Centre and Congress saying there was need for "further consultations" which will take a "little more time" even as pro-Telangana activists intensified their agitation.

On the eve of the one-month deadline set by him to arrive at a decision on the contentious issue, home minister Sushilkumar Shinde and the Congress spoke on similar lines seeking more time to resolve the matter.

While Shinde said it may take some more time to reach a final decision, Congress ceneral secretary in-charge of Andhra Pradesh Ghulam Nabi Azad made it clear that "further consultations" with leaders from Andhra Pradesh are required.

"On Telangana issue, consultation process is on. It may take little more time to reach a final decision," Shinde said in a brief statement.

Azad said, "we need some more consultations with senior leaders of Andhra Pradesh of all three regions and for that we shall have to invite them here. We are also going to invite the Chief Minister and PCC chief for further consultations."

"There is no deadline but we will invite them as early as possible," he said when asked whether there is any deadline for the meeting.

Shinde had on December 28, 2012 said the Centre would announce a decision on the contentious issue in a month. However, Azad had last week indicated that the decision may be delayed.

Even before the announcement came, pro-Telangana activists launched a 36-hour protest programme in Hyderabad to mount pressure on government to concede to their statehood demand.

Scores of pro-Telangna leaders and activists, including TRS MLA K T Rama Rao, were taken into custody at different places when they attempted to march towards the protest venue but were allowed later after the government intervened.

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Pictures: The Story Behind Sun Dogs, Penitent Ice, and More

Photograph by Art Wolfe, Getty Images

If you want the beauty of winter without having to brave the bone-chilling temperatures blasting much of the United States this week, snuggle into a soft blanket, grab a warm beverage, and curl up with some of these natural frozen wonders.

Nieve penitente, or penitent snow, are collections of spires that resemble robed monks—or penitents. They are flattened columns of snow wider at the base than at the tip and can range in height from 3 to 20 feet (1 to 6 meters). The picture above shows the phenomenon in central Chile. (See pictures of the patterns in snow and ice.)

Nieve penitente tend to form in shallow valleys where the snow is deep and the sun doesn't shine at too steep an angle, said Kenneth Libbrecht, a physicist at the California Institute of Technology in Pasadena who studies ice crystal formation.

As the snow melts, dirt gets mixed in with the runoff and collects in little pools here and there, he said. Since the dirt is darker in color than the surrounding snow, the dirty areas melt faster "and you end up digging these pits," explained Libbrecht.

"They tend to form at high altitude," he said. But other than that, no one really knows the exact conditions that are needed to form penitent snow.

"They're fairly strong," Libbrecht said. "People have found [the spires] difficult to hike through."

—Jane J. Lee

Published January 25, 2013

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Authorities: 245 Dead in Brazil Nightclub Fire

A fire swept through a crowded nightclub in southern Brazil early Sunday, killing at least 245 people and leaving at least 200 injured, police and firefighters said.

Police Maj. Cleberson Braida told local news media that the 245 bodies were brought for identification to a gymnasium in the city of Santa Maria.

That toll would make it one of the deadliest nightclub fires more than a decade.

The cause of the fire is not yet known, officials said. Officials earlier put the death toll at 180.

Civil Police and regional government spokesman Marcelo Arigoni told Radio Gaucha earlier that the total number of victims is still unclear and there may be hundreds injured,

The newspaper Diario de Santa Maria reported that the fire started at around 2 a.m. at the Kiss club in the city at the southern tip of Brazil, near the borders with Argentina and Uruguay.

Rodrigo Moura, whom the paper identified as a security guard at the club, said it was at its maximum capacity of between 1,000 and 2,000, and partygoers were pushing and shoving to escape.

Ezekiel Corte Real, 23, was quoted by the paper as saying that he helped people to escape. "I just got out because I'm very strong," he said.

"Sad Sunday", tweeted Tarso Genro, the governor of the southern state of Rio Grande do Sul. He said all possible action was being taken and that he would be in the city later in the day.

Santa Maria is a major university city with a population of around a quarter of a million.

A welding accident reportedly set off a Dec. 25, 2000, fire at a club in Luoyang, China, killing 309.

At least 194 people died at an overcrowded working-class nightclub in Buenos Aires, Argentina, in 2004.

A blaze at the Lame Horse nightclub in Perm, Russia, broke out on Dec. 5, 2009, when an indoor fireworks display ignited a plastic ceiling decorated with branches, killing 152

A nightclub fire in the U.S. state of Rhode Island in 2003 killed 100 people after pyrotechnics used as a stage prop by the 1980s rock band Great White set ablaze cheap soundproofing foam on the walls and ceiling.

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Court says Obama exceeded authority in making appointments

President Obama exceeded his constitutional authority by making appointments when the Senate was on a break last year, a federal appeals court ruled Friday. The court’s broad ruling would sharply limit the power that presidents throughout history have used to make recess appointments in the face of Senate opposition and inaction.

A unanimous three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit flatly rejected the Obama administration’s rationale for appointing three members of the National Labor Relations Board (NLRB) while the Senate was on a holiday break.

Chief Judge David B. Sentelle sharply criticized the administration’s interpretation of when recess appointments may be made, saying it would give the president “free rein to appoint his desired nominees at any time he pleases, whether that time be a weekend, lunch, or even when the Senate is in session and he is merely displeased with its inaction.” He added, “This cannot be the law.”

The issue seems certain to end up before the Supreme Court, which ultimately could clarify a president’s authority to fill his administration and appoint federal judges when a minority of the Senate blocks consideration of his choices.

Although recess appointments have been made throughout the nation’s history, they have been more commonly made by modern presidents who face partisan opposition that has made it hard for nominees to even receive a vote in the Senate.

Additionally, Friday’s decision casts doubt on hundreds of decisions the NLRB has made in the past year, ranging from enforcement of collective-bargaining agreements to rulings on the rights of workers to use social media.

The ruling also raises questions about the recess appointment of former Ohio attorney general Richard Cordray to head the fledgling Consumer Financial Protection Bureau and about the actions taken by the agency during his tenure, including major new rules governing the mortgage industry. Obama named Cordray at the same time as the NLRB nominees, and his appointment is the subject of a separate lawsuit in D.C. federal court.

The White House criticized the court ruling. “The decision is novel and unprecedented, and it contradicts 150 years of practice by Democratic and Republican administrations,” White House press secretary Jay Carney told reporters Friday. “We respectfully but strongly disagree with the ruling.”

Presidents from both parties have made hundreds of recess appointments when the Senate has failed to act on nominations. Ronald Reagan holds the record with 243. Obama’s predecessor, George W. Bush, made 105, and it was during his term that Senate Democrats began holding pro-forma sessions, some lasting less than a minute, when the Senate went on break. They contended that that kept the Senate in session and did not allow Bush to make recess appointments.

Republicans took up the practice when Obama was elected. But Obama decided to challenge it in January 2012, when the Senate was on a 20-day holiday but holding pro-forma sessions every three business days to block presidential action.

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