2A — Thursday, January 8, 2015
News
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The Michigan Daily (ISSN 0745-967) is published Monday through Friday during the fall and winter terms by
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THREE THINGS YOU
SHOULD KNOW TODAY
Parisians
gathered
Wednesday night at the
Place de la Republique
to protest the terrorist attack
on the political magazine
Charlie Hebdo, The Guardian
reported. Other protests took
place in Lyon, Bordeaux, and
Nantes.
3
CAMPUS EVENTS & NOTES
Tony
Fernandes,
the
CEO of AirAsia tweeted
early Wednesday morn-
ing that “I am led to believe
the tail section has been
found,” USA Today report-
ed. The plane was lost on
December 28th, with 162
people aboard.
1
Job search
resource fair
WHAT: Rackham-
sponsored resource fair
for Masters and Ph.D.
students who are looking
for aid with job searching.
WHO: The Career Center
WHEN: Today from 3
p.m. to 5 p.m.
WHERE: Michigan
League
Concerto
competition
WHAT: Final round of
competition for students
in the SMTD Concerto
Competition.
WHO: School of Music,
Theater & Dance
WHEN: Today at 4 p.m.
WHERE: Hill
Auditorium
Abigail
Stauffer
WHAT: Performer Abigail
Stauffer will sing at the Ark.
She has opened for Shawn
Colvin at the Ark in the
past.
WHO: Michigan Union
Ticket Office
WHEN: Tonight at 8 p.m.
WHERE: The Ark
Snowflake
making
WHAT: Snowflake master
Dr. Thomas L. Clark will
offer his expertise in the
craft of snowflake making.
WHO: Gifts of Art
WHEN: Today from 12
p.m. to 2 p.m.
WHERE: Taubman Health
Center, Floor 1
China’s history
WHAT: MSU associate
professor of history
Aminda Smith will cover
China’s modern history.
WHO: Osher Lifelong
Learning Insitute
WHEN: Today from 10
a.m. to 11:30 a.m.
WHERE: Rave Cinema
Fitness classes
WHAT: U-Move Fitness is
offering free sample classes
including Zumba, Vinyasa
Yoga and Hip Hop.
WHO: U-Move Fitness
WHEN: Hour-long classes
will run throughout the day
WHERE: Central Campus
Recreation Building
CORRECTIONS
l Please report any error
in the Daily to correc-
tions@michigandaily.com.
Jesus v. Jesus
WHAT: Sueann Caulfield,
associate professor of
History, will host a lecture
focusing on patronage in
19th-century Africa.
WHO: Eisenberg Institute
for Historical Studies
WHEN: Today from 4
p.m. to 6 p.m.
WHERE: Tisch Hall
Check out the b-side
today for Daily Arts
Writers’ picks for the
best pop culture of 2014,
including best films, best
community events, best TV
shows and best music.
>> FOR MORE, SEE THE B-SIDE
2
TUESDAY:
Professor Profiles
THURSDAY:
Student Voices
FRIDAY:
Photos of the Week
WEDNESDAY:
In Other Ivory Towers
MONDAY:
This Week in History
SAND SHARKS, SKIING AND TORTOISES
During this year’s winter
break University students
traveled all over the world,
experiencing snow, sun and
penguins.
LSA freshman Abigail Fisher
traveled to Florida for Winter
Break with her family.
Fisher’s activities ranged
from visiting her grandmother
in Palm Beach to exploring
the mangroves by jet ski in the
Keys.
While jet skiing, Fisher
experienced some wildlife
firsthand, when she saw sand
sharks and other animals.
“It was awesome,” she said.
Though Fisher is from
Michigan, where the semester
break typically consists of a
snowy holiday season, she said
the lack of winter weather did
not bother her.
Art & Design sophomore Kalli
Kouf had a ski race with her
brother, though it was difficult to
move off the couch.
“I went skiing a lot,” Kouf
said. “I also didn’t really move
from my couch that much.”
During one of the times
when Kalli did move from her
couch, she and her brother
raced down a mountain while
skiing.
“My brother and I raced
each other while we were ski-
ing, and he beat me by two
miles per hour,” Kouf said. “I
was going 47 and he was going
49, and we were both upset
that we didn’t hit 50.”
Though he traveled to the Gala-
pagos Islands, LSA junior Ben-
jamin Katz did not see any of its
famous tortoises.
“They actually only live
on a few of the islands, and
in the Galapagos they have
really strict conservation poli-
cies,” Katz said. “They really
restrict what islands people
are allowed to go to.”
And he was disappointed.
“Those are the most iconic
animals there,” Katz said.
While on the Galapagos
Islands, Katz did get to see
penguins, however.
— CARLY NOAH AND
AMABEL KAROUB
AP PHOTO/Manu Fernandez
A woman holds a candle as she attends a demonstration in solidarity with those killed in an attack at the Paris offices of
weekly newspaper Charlie Hebdo, at the French Consulate in Barcelona, Spain, Wednesday, Jan 7, 2015.
French police search for
Charlie Hebdo shooters
Decrease in
consumer prices
raise concerns
PARIS (AP) — Police hunted
for three heavily armed men with
possible links to al-Qaida in the
military-style, methodical kill-
ing of 12 people Wednesday at
the office of a satirical newspa-
per that caricatured the Prophet
Muhammad.
President Francois Hollande,
visiting the scene of France’s
deadliest such attack in more
than half a century, called the
assault on the weekly newspaper
Charlie Hebdo “an act of excep-
tional barbarism.”
France raised its terror alert
system to the maximum — Attack
Alert — and bolstered security
with more than 800 extra sol-
diers to guard media offices,
places of worship, transport and
other sensitive areas. Fears had
been running high in France and
elsewhere in Europe that jihadis
returning from conflicts in Syria
and Iraq would stage attacks at
home.
Two officials identified the
suspects as French brothers Said
and Cherif Kouachi, in their
early 30s, and 18-year-old Hamyd
Mourad,
whose
nationality
wasn’t immediately clear.
Heavily armed police moved
into the city of Reims, in France’s
Champagne country east of Paris,
apparently searching for the
suspects. Video from BFM-TV
showed police dressed in white
apparently taking samples inside
an apartment. It was not immedi-
ately clear who lived there.
One of the police officials said
they were linked to a Yemeni ter-
rorist network, and Cedric Le
Bechec, a witness who encoun-
tered
the
escaping
gunmen,
quoted the attackers as saying:
“You can tell the media that it’s
al-Qaida in Yemen.”
The officials spoke on condi-
tion of anonymity because they
were not authorized to publicly
discuss the sensitive and ongoing
investigation.
Cherif Kouachi was sentenced
to 18 months in prison after being
convicted of terrorism charges
in 2008 for helping funnel fight-
ers to Iraq’s insurgency. He said
he was outraged at the torture of
Iraqi inmates at the U.S. prison at
Abu Ghraib near Baghdad.
The masked, black-clad men
with assault rifles stormed the
offices near Paris’ Bastille monu-
ment in the Wednesday noontime
attack on the publication, which
had long drawn condemnation
and threats — it was firebombed
in 2011 — for its depictions of
Islam, although it also satirized
other religions and political fig-
ures.
Shouting “Allahu akbar!” as
they fired, the men used fluent,
unaccented French as they called
out the names of specific employ-
ees.
Artist Corinne Rey told the
French newspaper L’Humanite
that she punched in the security
code to the Charlie Hebdo offices
after she and her young daughter
were “brutally threatened” by the
gunmen.
Eight journalists, two police
officers, a maintenance worker
and a visitor were killed, said
prosecutor Francois Molins. He
said 11 people were wounded —
four of them seriously.
After fleeing, the attackers col-
lided with another vehicle, then
carjacked another car before
disappearing in broad daylight,
Molins said.
Among the dead: the paper’s
editor, Stephane Charbonnier.
The staff was in an editorial
meeting and the gunmen head-
ed straight for Charbonnier —
widely known by his pen name
Charb — killing him and his
police bodyguard first, said
Christophe Crepin, a police
union spokesman.
Authorities hunt
those responsible
for 12 murders
LONDON (AP) — The euro-
zone has a new economic head-
ache to contend with.
Consumer
prices
fell
in
December in the currency bloc
for the first time in over five years,
raising concerns of a protracted
drop that can hurt growth, and
reinforcing
expectations
the
European Central Bank will pro-
vide an aggressive stimulus.
Lower energy costs pushed
consumer prices down 0.2 per-
cent in the month from the year
before, according to a report
Wednesday by the Eurostat sta-
tistics agency. That’s a big drop
from the 0.3 percent annual rise
in prices recorded in November
and the 0.1 percent drop markets
were expecting.
The huge impact of weaker oil
prices is evident in the fact that
the core inflation rate, which
excludes volatile items such as
food, tobacco and energy, rose to
0.8 percent from 0.7 percent.
Lower prices may sound good
in principle, especially if they are
due to a fall in oil prices the euros
saved filling up a car for less can
be used elsewhere, promoting
economic activity. For a region
stuttering from one quarter of
anemic growth to the next, every
little helps.
The problem arises when the
fall in prices endures, a situation
that is often referred to as a defla-
tionary spiral. That can choke the
life out of an economy if consum-
ers put off purchases in the hope
of future bargains. It can erode
companies’ profits and make gov-
ernments’ debts appear greater.
Deflation can also prove dif-
ficult to reverse, as evidenced
by the case of Japan, whose
economy has stagnated for two
decades.
Policymakers at the ECB will
weigh these factors when they
meet next on Jan. 22. Many in
the markets think they will be
fretting about deflation as the
eurozone, which now counts 19
members following Lithuania’s
adoption of the currency this
year, has seen low inflation for
months amid subdued growth
and high unemployment. Sepa-
rate figures Wednesday showed
unemployment across the euro-
zone remained at a high 11.5 per-
cent in November.
As a result, many economists
think the ECB will this month back
a stimulus program that involves
government bond-buying, some-
thing other central banks such as
the U.S. Federal Reserve and the
Bank of England have done over
the past few years. The ECB, after
all, doesn’t have much left in its
arsenal, having already cut inter-
est rates to record lows and backed
the purchase of some private-sec-
tor bonds.
Expectation for more stimulus
has weighed heavily on the euro,
which hit a new 9-year low of
$1.1802 on Wednesday. Because
the stimulus would create new
money, traders are selling the
currency on the prospect of more
euros in circulation.
“The emergence of negative
inflation does forcefully raise the
specter of a possible prolonged
period of deflation,” said James
Ashley, chief European econo-
mist at RBC Capital Markets.
“For those policymakers who,
hitherto, might have been unde-
cided over whether or not to take
further action immediately, this
may be just the clarion call that
was required to appreciate the
gravity of the situation.”
Eurozone deflation may
impact economic growth
DANCE PARTY
A snow-less Christmas
ANDREW COHEN/Daily
Dance instructors Erin Morris and Brittany Morton of
Erin Morris & Her Ragdolls lead an Ann Arbor Swing
Club class in the Michigan League Wednesday.
Christian
study meeting
WHAT: Christian
Challenge is hosting their
weekly meeting, which
will consist of Bible study,
worship and fellowship.
WHEN: Today from 7
p.m. to 8:30 p.m.
WHERE: Michigan
League