Tuesday, January 31, 2012

Warming in the Tasman Sea, near Australia, a global warming hot spot

ScienceDaily (Jan. 30, 2012) ? Oceanographers have identified a series of ocean hotspots around the world generated by strengthening wind systems that have driven oceanic currents, including the East Australian Current, polewards beyond their known boundaries.

The hotspots have formed alongside ocean currents that wash the east coast of the major continents and their warming proceeds at a rate far exceeding the average rate of ocean surface warming, according to an international science team whose work was recently published in the journal Nature Climate Change.

Paper co-author, CSIRO's Dr Wenju Cai, said that while the finding has local ecological implications in the region surrounding the hotspots, the major influence is upon the ocean's ability to take up heat and carbon from the atmosphere.

In Australia's case, scientists report intensifying east-west winds at high latitudes (45?-55?S) pushing southward and speeding up the gyre or swirl of currents circulating in the South Pacific, extending from South America to the Australian coast. The resulting changes in ocean circulation patterns have pushed the East Australian Current around 350 kilometres further south, with temperatures east of Tasmania as much as two degrees warmer than they were 60 years ago.

"We would expect natural change in the oceans over decades or centuries but change with such elevated sea surface temperatures in a growing number of locations and in a synchronised manner was definitely not expected," said CSIRO's Dr Wenju Cai.

"Detecting these changes has been hindered by limited observations but with a combination of multi-national ocean watch systems and computer simulations we have been able to reconstruct an ocean history in which warming over the past century is 2-3 times faster than the global average ocean warming rate," says Dr Cai, a climate scientist at CSIRO's Wealth from Oceans Research Flagship.

The changes are characterised by a combination of currents pushing nearer to the polar regions and intensify with systematic changes of wind over both hemispheres, attributed to increasing greenhouse gases.

Dr Cai said the increase of carbon dioxide and other greenhouse gases in the atmosphere has been the major driver of the surface warming of Earth over the 20th century. This is projected to continue.

He said the research points to the need for a long-term monitoring network of the western boundary currents. In March next year, Australian scientists plan to deploy a series of moored ocean sensors across the East Australian Current to observe change season-to-season and year-to-year.

Lead author of the paper was Dr Lixin Wu, of the Ocean University of China, with contributing authors from five countries, many of whom are members of the Pacific Ocean Panel working under the auspices of the World Meteorological Organisation.

The research was partly funded by a grant from the Australian Climate Change Science Program supported by the Australian Department of Climate Change and Energy Efficiency.

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The above story is reprinted from materials provided by CSIRO Australia.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Lixin Wu, Wenju Cai, Liping Zhang, Hisashi Nakamura, Axel Timmermann, Terry Joyce, Michael J. McPhaden, Michael Alexander, Bo Qiu, Martin Visbeck, Ping Chang, Benjamin Giese. Enhanced warming over the global subtropical western boundary currents. Nature Climate Change, 2012; DOI: 10.1038/nclimate1353

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://www.sciencedaily.com/releases/2012/01/120130102538.htm

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Video: Pro Bowl just a 'walk-through'?

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Source: http://nbcsports.msnbc.com/id/21134540/vp/46192275#46192275

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Monday, January 30, 2012

Theater Arts ? Blog Archive ? Investing Strategy: Covered Call ...

[unable to retrieve full-text content]Experts in the field of investment believed that it is important to invest your hard earned dollars properly and in a secure manner. They believed that you money should work for you and for you to enjoy life. When talking about investment, many ...

Source: http://www.cendresetsang-lefilm.com/uncategorized/investing-strategy-covered-call-things-you-need-to-know

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Space Station Dodges Debris From Destroyed Chinese Satellite (SPACE.com)

The International Space Station fired its thrusters Saturday (Jan. 28) in order to steer clear of orbital debris from China's 2007 anti-satellite test.

The dodging maneuver was required to avoid space junk from the Chinese satellite Fengyun 1C, which peppered low-Earth orbit with an estimated 3,000 pieces of shrapnel when it was intentionally destroyed by China five years ago. The remaining debris has required several similar avoidance maneuvers by the space station in recent years.

Rocket thrusters on the space station's Russian-built Zvezda service module fired at 6:50 p.m. EST (2350 GMT) in a 1-minute, four-second burn to slightly raise the laboratory's orbit, leaving it on a path that reaches just over 251 miles (404 kilometers) above Earth at the highest point, NASA officials said in an update.

Saturday's maneuver was "designed to place the station at the correct altitude and trajectory for future visiting vehicle activities and to avoid a repetitive coincidence of possible conjunctions with a piece of Chinese Fengyun 1C satellite debris," NASA officials explained.

A conjunction is what scientists call instances in which space debris will fly close enough to the station to cause concern. Since the space station orbits Earth at about 17,500 mph (28,164 kilometers per hour), even a small piece of orbital debris can cause serious damage if it hits. [Photos: Space Debris & Cleanup Concepts]

The Fengyun 1C satellite debris had the potential to cause seven conjunctions with the space station, so steering the $100 billion safely into the clear was required, according to an earlier NASA update.

The space station is currently home to a six-man crew that includes three Russians, two Americans and one Dutch astronaut. NASA's Mission Control Center in Houston typically orders a dodging maneuver when debris is expected to fly inside a safety perimeter, which is shaped like a pizza box, that extends about 15 miles (25 km) around the space station, as well as a half-mile (0.75 km) above and below the orbiting lab.

When there is not enough time to plan a dodging maneuver, station astronauts can take shelter inside the Russian Soyuz vehicles that ferry them to and from the station until a piece of space junk has safely zoomed by. The Soyuz capsules, two of which are docked at the station now, each seat three people and can double as lifeboats.

Maneuvers to avoid space junk conjunctions are not uncommon for the space station and other satellites orbiting Earth.? Earlier this month, the space station fired its thrusters to avoid debris from a 2009 satellite crash between an U.S. and Russian spacecraft.

Space junk poses an ongoing threat to astronauts on the space station , as well as other satellites in orbit. To date, there are about 6,000 tons of space junk orbiting Earth ranging from tiny bolts and paint chips to huge spent rocket stages and dead satellites.

More than 500,000 pieces of space junk are currently tracked every day by NASA and the U.S. military's Space Surveillance Network in order to avoid collisions in orbit.

You can follow Tariq Malik on Twitter?@tariqjmalik.?Follow SPACE.com for the latest in space science and exploration news on Twitter?@Spacedotcom?and on?Facebook.

Source: http://us.rd.yahoo.com/dailynews/rss/space/*http%3A//news.yahoo.com/s/space/20120129/sc_space/spacestationdodgesdebrisfromdestroyedchinesesatellite

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Sunday, January 29, 2012

Yemeni president heads to US for treatment

Yemeni President Ali Abdullah Saleh headed to the United States on Saturday for medical treatment, his spokesman said, the latest stage in an effort to distance him from his country's policies to help ease a transition from his rule.

Ahmed al-Soufi, the press officer for the presidency, told The Associated Press that Saleh had arrived in London and would leave later Saturday for New York for medical treatment in the United States for wounds suffered in a June assassination attempt in the Yemeni capital.

Saleh left Yemen for to neighboring Oman a week ago, planning to head to the United States, after weeks of talks with the U.S. over where he could go. Washington has been trying to get Saleh to leave his homeland, but it does not want him to settle permanently in the United States, fearing it would be seen as harboring a leader considered by his people to have blood on his hands.

In London, a Foreign Office spokeswoman confirmed that Saleh's plane was scheduled to land Saturday at a British commercial airport "to refuel en route to the United States." Speaking on condition of anonymity in line with government policy, she said Saleh and those accompanying him were not going to enter the United Kingdom.

Saleh was traveled on a chartered Emirates plane with a private doctor, translator, eight armed guards and several family members, an official in the Yemeni president's office said, speaking on condition of anonymity because he was not authorized to release the details.

In November, Saleh handed over his powers to his vice president and promised to step down completely after months of protests by millions across the country demanding an end to his nearly 33-year rule. A national unity government was formed between his ruling party and the opposition.

But opponents say he has continued to interfere in the work of a unity government through his allies and relatives in key posts ? particularly his son and nephew, who command the country's most elite and powerful military units. As a result, the past two months have seen persistent violence, power struggles and delays in reforms.

The U.S. and its allies have been pressured Saleh to leave in hopes of removing him from the scene will smoothen the transition.

Saleh agreed to step down in return for a sweeping immunity from prosecution on any crimes committed during his rule, a measure that has angered many in Yemen who want him tried for the deaths of protesters in his crackdown on the uprising against him. Protests have continued demanding his prosecution and the removal of his relatives and allies from authority.

It is also unclear how permanent Saleh's exile is. In a farewell speech before leaving to Oman, Saleh promised to return to Yemen before Feb. 21 presidential elections as the head of his party.

Some in Yemen suspect Saleh is still trying to slip out of the deal and find ways to stay in power, even if it's behind the scenes.

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Even since the protests against his rule began a year ago, Saleh has proved a master in eluding pressure to keep his grip, though over the months his options steadily closed around him. He slipped out of signing the accord for the power handover three times over the months before finally agreeing to it.

He was badly burned in a June explosion in his compound in Sanaa. He received medical treatment in neighboring Saudi Arabia for three months. American officials had hoped he would remain there, but the Yemeni leader returned home and violence worsened anew.

His maneuvering and the turmoil on the ground left the United States struggling to find a stable transition in the country to ensure a continued fight against al-Qaida militants based in the country, who make up the most active branch of the terror network in the world. Saleh was a close ally of Washington in the fight, taking millions in counterterrorism aid.

During the past year of turmoil, al-Qaida-linked militants outright took control of several cities and towns in the south, including Zinjibar, the capital of Abyan province.

On Friday, government forces battled with the militants near the town of Jaar, which they also control. At least five people were killed in the fighting, Yemeni security officials said Saturday, speaking on condition of anonymity because they were not authorized to talk to the press.

___

AP correspondent Jill Lawless in London contributed to this report.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://www.msnbc.msn.com/id/46174269/ns/world_news-mideast_n_africa/

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Possible new treatment for Rett Syndrome

ScienceDaily (Jan. 27, 2012) ? Researchers at Oregon Health & Science University have discovered that a molecule critical to the development and plasticity of nerve cells - brain-derived neurotrophic factor (BDNF) - is severely lacking in brainstem neurons in mutations leading to Rett syndrome, a neurological developmental disorder. The finding has implications for the treatment of neurological disorders, including Rett syndrome that affects one in 10,000 baby girls.

The new discovery is published online in Neuroscience and is expected in the print issue of Neuroscience in March.

Using a mouse model of Rett syndrome, the OHSU team found that mutant neurons in the brainstem fail miserably at making BDNF. When normal neurons are faced with a respiratory challenge, such as low oxygen, they dramatically increase the production of BDNF, whereas mutant neurons do not.

According to the National Institutes of Health, Rett syndrome is estimated to affect one in every 10,000 to 15,000 live births and almost exclusively girls because it is caused by an X-linked gene mutation. In addition to severe problems with motor function, other symptoms of Rett syndrome may include breathing difficulties while awake.

"The new finding, coupled with our previously published data that show BDNF is involved in normal maturation of neuronal pathways controlling cardiorespiratory function, could play a significant role in the development of a treatment for Rett syndrome," said Agnieszka Balkowiec, M.D., Ph.D., principal investigator and associate professor of integrative biosciences in the OHSU School of Dentistry; and adjunct assistant professor of physiology and pharmacology in the OHSU School of Medicine. To conduct this research, Balkowiec partnered with John M. Bissonnette, M.D., professor of obstetrics and gynecology, and cell and developmental biology in the OHSU School of Medicine.

Additional study authors include: Anke Vermehren-Schmaedick, Ph.D., OHSU Department of Biomedical Engineering; Victoria K. Jenkins, B.A., who is currently pursuing her doctorate at Boston University; and Sharon J. Knopp, a research assistant in Bissonnette's lab.

The study was supported by grants from the National Heart, Lung, and Blood Institute of the National Institutes of Health; March of Dimes; and International Rett Syndrome Foundation.

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The above story is reprinted from materials provided by Oregon Health & Science University.

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Journal Reference:

  1. Anke Vermehren-Schmaedick, Victoria K. Jenkins, Sharon J. Knopp, Agnieszka Balkowiec, John M. Bissonnette. Acute intermittent hypoxia-induced expression of Brain-Derived Neurotrophic Factor is disrupted in the brainstem of mecp2 null mice. Neuroscience, 2012; DOI: 10.1016/j.neuroscience.2012.01.017

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://www.sciencedaily.com/releases/2012/01/120127174838.htm

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Saturday, January 28, 2012

Robert Hegyes, played Epstein on 'Kotter,' dies (omg!)

FILE - In this 1978 file photo, Robert Hegyes portrays Juan Epstein from the comedy series "Welcome Back Kotter." The actor best known for playing the Jewish Puerto Rican student on the 1970s TV show has died. He was 60. (AP Photo, file)

METUCHEN, N.J. (AP) ? Robert Hegyes, the actor best known for playing Jewish Puerto Rican student Juan Epstein on the 1970s TV show "Welcome Back Kotter" has died. He was 60.

The Flynn & Son Funeral Home in Fords, N.J., said it was informed of Hegyes' death Thursday by the actor's family.

A spokesman at JFK Medical Center in Edison, N.J., told the Star-Ledger newspaper that Hegyes, of Metuchen, arrived at the hospital Thursday morning in full cardiac arrest and died.

Hegyes was appearing on Broadway in 1975 when he auditioned for "Kotter," a TV series about a teacher who returns to the inner-city New York school of his youth to teach a group of irreverent remedial students nicknamed the "Sweathogs." They included the character Vinnie Barbarino, played by John Travolta.

The show's theme song, performed by John Sebastian, became a pop hit.

Hegyes also appeared on many other TV series, including "Cagney & Lacey."

He was born in Perth Amboy and grew up in Metuchen, the eldest child of a Hungarian father and Italian mother.

He attended Rowan University, formerly Glassboro State College, in southern New Jersey, before heading to New York City after graduation. He returned to Rowan on several occasions to teach master classes in acting, a university spokesman said Thursday.

"He was a good friend to the university," spokesman Joe Cardona said.

Hegyes continued to act after "Kotter" and was a regular on "Cagney & Lacey." He also guest-starred in shows including "Diagnosis Murder" and "The Drew Carey Show."

On his website, Hegyes wrote that he was inspired by Chico Marx, whom he had played in a touring production of a show about the Marx Bros. He also recalled how his mother encouraged him to get involved in theater as a teen.

Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//us.rd.yahoo.com/dailynews/external/omg_rss/rss_omg_en/news_robert_hegyes_played_epstein_kotter_dies014931250/44321757/*http%3A//omg.yahoo.com/news/robert-hegyes-played-epstein-kotter-dies-014931250.html

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Mayor lifts gun ban at Town Council meetings

SILVER CITY - On Tuesday night, Silver City Mayor James Marshall quickly rescinded a ban on bringing weapons into Silver City Town Council meetings that he had enacted at the Jan. 10 town council meeting.

Mayor Marshall addressed a full room of residents at Tuesday's night's town council meeting, telling attendees he was going to "take back" the ban and later explained he realized it was unconstitutional, based on a New Mexico Supreme Court case, Baca v. New Mexico Department of Public Safety.

Marshall said he had a whole week of support, with one or two emails a day coming from residents saying they totally supported not having weapons at town council meetings. But then, after word got around and his intent was misinterpreted, opposition started rolling in.

It didn't help that the NRA apparently sent out a postcard to their chapter members in the Silver City area code with some misinformation, the mayor said.

The postcard, which the mayor said he saw, told residents that Marshall had intentions of joining the Mayors Against Illegal Guns group, a national organization of city mayors who promote tougher federal, state, and local gun regulation.

"My statement was that I was approached by the organization to sign on for Silver City and I was requesting input on whether it was a good idea or not," he said.

The mayor said Tuesday night that he is a gun owner and he had no intention of violating anyone's constitutional rights, including his own, or the

three-fifths of the council who are also gun owners. He said his intent, with enacting the ban, was just to make council meetings as comfortable an environment as possible for people to voice their opinions, and that he had been approached in the past by someone who had told him they felt intimidated by someone wearing a weapon at a town council meeting, but he didn't know who that person was with the weapon, and whether it was an undercover police officer.

Marshall said he started aggressively receiving emails opposing the ban on Monday.

"Some were very professional and educational on why this banning guns at council meetings was not a good idea," he said.

Some supported the ban on guns in council meetings but asked why he would he join the Mayors Council Against Illegal Guns.

"Some of them were just really aggressive, like if I want a New York-style gun ban I should move to New York," he said.

But the issue - and the ban - became moot when he discovered that New Mexico case law had already deemed that type of ban unconstitutional.

Baca vs. New Mexico Department of Public Safety states "the Legislature's delegation of authority to local governments to prohibit the carrying of concealed weapons in Section 29-18-11(D) violates the constitutional proscription against municipal and county regulation of an incident of the right to keep and bear arms in Article II, Section 6 of the New Mexico Constitution," and that the "Section 29-18-11(D) is not severable from the remainder of the Concealed Handgun Carry Act and that the Act as a whole is therefore unconstitutional."

The mayor said he appreciated the public's feedback.

"I'm not anti-gun," he said. "I support the Constitution. It was a shame that there was so much misrepresentation and assumptions made. The intent was that people not be intimidated."

*Source: http://caselaw.findlaw.com/nm-supreme-court/1377808.html

Christine Steele can be reached at (575) 538-5893 ext. 5802

Source: http://www.scsun-news.com/ci_19823086?source=rss_viewed

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Friday, January 27, 2012

Santorum defends Romney, Gingrich on wealth attack (AP)

JACKSONVILLE, Fla. ? Presidential candidate Rick Santorum is defending rival Mitt Romney and Newt Gingrich on attacks from each other on their wealth.

Santorum says Romney is, in his words, "a wealthy guy because he worked hard." He is also defending Gingrich by saying Gingrich's work advising companies after leaving government is not the worst thing in the world.

Santorum says Romney's and Gingrich's attacks on each other distract from bigger issues and that they should focus on policy differences.

Gingrich says he believe his wealth should be a non-issue but says he must defend himself from attacks.

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/ap/20120127/ap_on_el_pr/us_gop_debate_wealth

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Thursday, January 26, 2012

Official: Miracle to find cruise ship survivors

Recovery efforts at the site of the cruise ship disaster off the coast of Italy has entered a new phase Tuesday, with crews ready to remove oil from the wreckage. NBC's Michelle Kosinski reports.

By NBC News and msnbc.com news services

Updated at 11:15 a.m. ET: GIGLIO, Italy -- The official overseeing the search effort of the capsized Costa Concordia has acknowledged it would take a miracle to find any survivors from the Jan. 13 cruise ship grounding.

Franco Gabrielli, head of the national civil protection agency, told reporters Wednesday that recovery operations would nevertheless continue until the ship, which is half-submerged off the Tuscan island of Giglio, was searched as much as possible.

Operations continued Wednesday as crews set off more explosions on the submerged third floor deck to allow easier access for divers. On Tuesday, the body of a woman was found on the deck.

Rescuers have found 16 bodies. At least six of the bodies remain unidentified, and are presumed to be among some of the 17 passengers and crew still unaccounted for.

The Concordia ran aground and capsized off the island of Giglio on Jan. 13 after the captain veered from his planned course and gashed the ship's hull on a reef, forcing the panicked evacuation of 4,200 passengers and crew.

Citing Italian civil protection officials, NBC News reports that a woman was identified Wednesday, but no name has been released yet. Officials also said that bodies may have floated away in recent days and that it may take more time to find victims of the accident.? Divers are now limited to searching for 20 minutes at a time as a result of poor conditions.

On Tuesday, the U.S. ambassador to Italy David Thorne was at Giglio's port with relatives of two missing Americans, Gerald and Barbara Heil of Minnesota. The Heil's children posted on their blog Monday that they are still waiting for word about their parents. The Heils are the only Americans missing in the wreck.

The search and rescue operation will continue in tandem with the fuel removal operation.

Workers kept up preparations to remove a half-million gallons of fuel from the ship before it leaks into the Tuscan sea. Pumping is expected to begin Saturday, and according to officials, tests will begin Wednesday.

Spokesman Martin Schuttevaer said "based on what we have seen the position of the tanks are in line with what we expected."

Officials have identified an initial six tanks that will be tapped, located in a relatively easy-to-reach area of the ship. Gabrielli told reporters Tuesday that once the tanks are emptied, 50 percent of the fuel aboard the ship will have been extracted.

The pumping will continue 24 hours a day barring rough seas or technical glitches in this initial phase, he said.

Survivors of the Costa Concordia are realizing the limits of their legal claims, as they signed away their rights when they bought their tickets. NBC's Kerry Sanders reports on what travelers should know.

The wife of the captain accused of grounding the Costa Concordia cruise ship said in an interview published Tuesday she was outraged over the way her husband had been portrayed by the media.

Captain Francesco Schettino, who is charged with multiple manslaughter and with abandoning ship before the evacuation of passengers and crew was complete, has told prosecutors he had been instructed to perform the maneuver by operator Costa Cruises.

"My husband is at the center of an unprecedented media storm," his wife, Fabiola Rossi, told French magazine Paris Match. "I cannot think of any other naval or air tragedy in which the responsible party was treated with such violence ... This is a man hunt, people are looking for a scapegoat, a monster."

Schettino has been branded a coward in Italian newspapers, after a recording of his conversation with a coast guard agent during the disaster was leaked to the press and widely circulated on the Web.

Asked if she was angry about his treatment, she said "wouldn't you be?"

He is "someone determined, firm and lucid. He is able to analyze situations, to understand and manage them. At home he is organized and meticulous, and otherwise he is a friendly and funny person who earns people's esteem," Rossi added in a version of the interview published on Paris Match's website.

In the recording with the coast guard, Schettino sounds bewildered and out of control as he is ordered back onto the ship and threatened with arrest.

Schettino's lawyer, who says his client admits partial responsibility for the disaster, is seeking to widen the investigation to include third parties with whom he was in contact, notably from ship owners, Costa Cruises.

The company, a unit the world's largest cruise ship operator Carnival Corp, has suspended Schettino and declared itself an injured party in the case. It has said "unfortunate human error" by Schettino caused the disaster.

Giglio and its waters are part of a protected seven-island marine park, favored by VIPs and known for its clear waters and porpoises, dolphins and whales.

The disaster prompted the U.N. cultural organization to ask the Italian government to restrict access of large cruise ships to Venice, which is a UNESCO World Heritage Site. UNESCO charged that the liners cause water tides that erode building foundations, pollute the waterways and are an eyesore.

DigitalGlobe

The Costa Concordia, carrying more than 4,200 passengers, ran aground Jan. 13 off the coast of Italy. At least 15 people died in the accident, and rescuers continue to search for others missing.

Related stories:

The Associated Press and Reuters contributed to this report.

?

Source: http://overheadbin.msnbc.msn.com/_news/2012/01/25/10233297-official-miracle-to-find-cruise-ship-survivors

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Car bombs kill 14, wound 75 in Iraq capital (Reuters)

BAGHDAD (Reuters) ? Four car bombs exploded in mainly Shi'ite Muslim areas of Baghdad on Tuesday, killing 14 people and wounding 75, underlining a political crisis that threatens to revive sectarian strife in Iraq.

The first blast hit a group of day laborers gathering for jobs in the poor northeastern Sadr City area of the capital, leaving a chaotic scene of scattered shoes and food, and pools of blood. The bomb killed at least eight people and wounded 24, police and hospital sources said.

"We were all standing waiting to earn our living and all of a sudden it was like a black storm and I felt myself thrown on the ground," said Ahmed Ali, a 40-year-old laborer whose face and hair were burned by the explosion.

"I fainted for a while then I woke up and hurried to one of the cars to take me to the hospital," said Ali, lying on a bed in the emergency room at Imam Ali hospital in Sadr City.

The second blast near a traffic roundabout in Sadr City killed three people and wounded 26 others, the sources said.

Two other car bombs exploded in mainly Shi'ite northwestern areas of Baghdad, killing three people and wounding 25, sources said. One car blew up near two schools in the Shula district, the other on a busy commercial street in Hurriya.

Violence in Iraq has dropped sharply from the height of sectarian killing in 2006-7, but insurgents and militias still carry out daily attacks and assassinations in an attempt to undermine the government.

Iraq has been hit by a series of bombings targeting Shi'ites during the worst political crisis in a year, which threatens to break up a fragile coalition government and has raised fears of renewed sectarian violence after U.S. troops left on December 18.

The government of Shi'ite Prime Minister Nuri al-Maliki moved last month to arrest Sunni Muslim Vice President Tareq al-Hashemi on charges he ran a death squad and then sought to sideline a Sunni deputy prime minister after he branded Maliki a dictator.

Hashemi denied the charges and sought refuge in Iraq's semi-autonomous Kurdish region, where he is unlikely to be arrested.

The Sunni-backed Iraqiya political bloc then announced a boycott of parliament and several Iraqiya ministers have stayed away from cabinet meetings in protest. Others have attended, underscoring splits in the alliance.

The turmoil has fuelled fears that Maliki is trying to shore up Shi'ite power and sideline Iraqiya. The political blocs began talks last week to try to organize a national conference to resolve their differences.

A series of bombings in Shi'ite areas of the capital on December 22 killed at least 72 people and wounded 200 others. Scores more were killed in attacks targeting Shi'ite pilgrims this month.

(Writing by Aseel Kami; Editing by Jim Loney and Mark Heinrich)

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/nm/20120124/wl_nm/us_iraq_violence

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Wednesday, January 25, 2012

Romney's Taxes Will Hurt Him (ContributorNetwork)

COMMENTARY | Mitt Romney has released his tax records, reports Reuters. The records, from 2010 and 2011, indicate he is paying an average tax rate of about 14.5 percent over the two years. The reason the tax rate is far lower than the maximum income tax rate of 35 percent is that Romney's income is primarily from investments, which are taxed at a lesser rate. For both years combined, Romney will pay around $6.2 million on $42.5 million in income. His net worth is estimated at $190 million to $250 million.

Romney may have done himself a disservice by revealing he pays far less taxes than he would if his income came in the form of a wage or salary, as is the case for most Americans.

According to Businessweek, billionaire investor and philanthropist Warren Buffet is upset Congress allows investors like Romney to pay lower taxes than others:

"He makes his money the same way I make my money," Buffett said. "He makes money by moving around big bucks, not by straining his back or going to work and cleaning toilets or whatever it may be. He makes it shoving around money."

This news may be especially painful for Romney in that it taints his attacks against top challenger Newt Gingrich, the former Speaker of the House who has received hefty payments from mortgage giant Freddie Mac. Romney is attacking Gingrich by insisting the former congressman received $1.8 million in dubious consulting fees while Freddie Mac harmed homeowners during the recession, reports The Washington Post.

When pitting corporate payments against corporate payments, it may be a good idea for Romney to tread lightly. While Gingrich may get some mud on his reputation, plenty will splatter back on Romney himself. While Romney may be desperate to regain the initiative and head off Gingrich's momentum before the Florida primary, it may backfire if he starts highlighting corporate ties and investments.

Source: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http%3A//news.yahoo.com/s/ac/20120124/pl_ac/10877417_romneys_taxes_will_hurt_him

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`War Horse' star one of Hollywood's equine elite (AP)

ACTON, Calif. ? One star of Steven Spielberg's latest epic likes to end his work day by rolling around in the dirt, kicking his legs in the air and flaring his nostrils.

Finder, a 12-year-old thoroughbred, is among more than 150 equine performers featured in the Oscar-nominated "War Horse," and one of 14 who play the scene-stealing Joey. He lives on a ranch about 45 miles northeast of Hollywood with veteran horse trainer Bobby Lovgren, who oversaw all the equine action on "War Horse."

"Plowing, riding, chasing ? you name it, it's in there," said Lovgren, who calls "War Horse" "the biggest horse movie ever made." Lovgren is the prot?g? of legendary Hollywood horseman Glenn Randall, who trained Roy Rogers' Trigger.

Thanks to the enduring appeal of horses on screen, Lovgren, Finder and "War Horse" continue a longtime tradition of Hollywood horses that began with the earliest motion pictures.

"Bobby and his team literally performed miracles with the horses on this film," Spielberg said. "I wanted it to feel like the horses were performing their parts as much as (actors) Emily Watson or Peter Mullan, and that is what happened. There were times during production when the horses reacted in ways I had never imagined a horse could react. You just sit back and thank your lucky stars that these horses are so cognizant that they are able to give everything to a moment."

Those moments took months of training and a 22-member team of trainers, handlers and yes, equine makeup artists.

Set in England during World War I, "War Horse" centers on the enduring relationship between Joey and the farm boy who trained him. When Joey is sold to soldiers heading into battle, the horse begins a journey that brings him through various fighting factions and into the lives of soldiers and civilians who are moved by his strength and spirit.

The film has been nominated for six Academy Awards, including cinematography and best picture.

As the film's "horse master," Lovgren oversaw everything horse-related. His team prepared the equine actors for their various duties. Some became expert jumpers, others learned to stumble or feign a struggle. There were horses for riding and horses for pulling, and even stand-ins for the star horses while shots were being set. Lovgren's team was also responsible for teaching the actors how to ride and handle the animals.

"We all became incredibly attached to the horses," said cast member Patrick Kennedy. "Getting to know these horses and learning to ride them was the greatest privilege I've ever had."

None of the horses are credited by name in the film, and the filmmakers wouldn't say why. Lovgren said it's not uncommon: "Sometimes they'll put a few of the horses' names, but you know, realistically, it's very difficult to say that there was one hero Joey."

The trainer, whose many credits include last summer's "Cowboys & Aliens," typically spends about three months preparing his equine actors for a film shoot. He specializes in "liberty" work, meaning the horses are not restrained in any way and learn to respond to hand signals and body language.

The 46-year-old horseman grew up in an equestrian family in South Africa that runs a large jumping and dressage barn. Lovgren said he didn't much enjoy the public dealings that work required, so he headed to Hollywood to learn a new type of horse training. The 23 years he's spent working in movies prepared him for the challenges of "War Horse."

"All the scenes that we had to do had really all been done before in other films that I'd worked on, but never all in one. This took everything and put everything in one basket," he said. "I'm very proud of my other films, like `Zorro' and `Seabiscuit,' but it just has a little bit in there. The horse isn't the focal point. But in `War Horse' it is, and it's all the time."

Though Lovgren doesn't typically work with his own horses on set (he owns three, including Finder), he said he was lucky on this film that Finder was the right color. (Finder and the other horses playing Joey relied on makeup to make them look identical, with four white socks and a white star on their heads.)

Lovgren met Finder while working on "Seabiscuit" and loved him so much that he bought him. The thoroughbred is more expressive than most horses, Lovgren said, which makes him an ideal movie star.

Plus, he can play both genders. Finder played the mother in an early scene in the film showing the birth of Joey. That sequence and working with a foal was among the most difficult, Lovgren said. "They're very young, so you don't have much time to train them."

Almost everything in "War Horse" was shot with real horses, except for a few scenes that would have caused injury to the animals. Lovgren praised Spielberg's team for their respectful approach to the horses.

The toughest part of Lovgren's job isn't working with the animals, but communicating with filmmakers and other workers on set about what the horses need and what they can and can't do. Once filming begins, "it's more about communication skills than it is about training. That's something I've had to really learn," he said. "Obviously, I started working with animals because I don't work well with people (laughs), so that's been very important to learn to do that."

Watching Lovgren with Finder, it's easy to see the mutual love and respect between the two. Lovgren raises his arm and the powerful animal rears up. He makes a backward motion with a whip and the horse backs up. He strikes the whip on the ground and Finder bangs his hoof into the dirt. Lovgren throws a piece of wood two dozen yards away, and Finder runs to it and stands on his mark.

Lovgren doesn't train with treats, because "if you go on set and someone walks by with an apple, what's he going to do then?"

Instead, the animal's reward is "I leave him alone," Lovgren said. Still, Finder stands confidently by his side.

So with all the challenges of "War Horse," is it harder working with four-legged performers or two-legged Hollywood types?

"I'm not going to answer that!" Lovgren said with a smile. "We all know that answer, but I'm not going to answer that."

___

AP Entertainment Writer Sandy Cohen is on Twitter: www.twitter.com/APSandy.

___

Online:

www.warhorsemovie.com

Source: http://us.rd.yahoo.com/dailynews/rss/movies/*http%3A//news.yahoo.com/s/ap/20120125/ap_en_mo/us_film_hollywood_horses

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Tuesday, January 24, 2012

Romney campaign touts his tax return transparency

Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at National Gypsum Company in Tampa, Fla., Tuesday, Jan. 24, 2012. (AP Photo/Paul Sancya)

Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at National Gypsum Company in Tampa, Fla., Tuesday, Jan. 24, 2012. (AP Photo/Paul Sancya)

Republican presidential candidate, former Massachusetts Gov. Mitt Romney gestures during a Republican presidential debate Monday Jan. 23, 2012, at the University of South Florida in Tampa, Fla. (AP Photo/Paul Sancya)

(AP) ? Republican presidential candidate Mitt Romney paid about $3 million in federal income taxes in 2010, having earned more than seven times that from his investments. Those earnings, $21.7 million, put him among the wealthiest of American taxpayers. Romney's campaign said Tuesday he followed all tax laws.

At the same time, Romney gave nearly $3 million to charity ? about half of that amount to the Mormon Church ? which helped lower his effective tax rate to a modest 14 percent, according to records his campaign released early Tuesday.

Romney's income puts him in the top 0.006 percent of Americans, based on the most recent Internal Revenue Service data, from 2009. That year, only 8,274 filers reported income above $10 million.

His campaign advisers said the release of more than 500 pages of returns, schedules and worksheets was in "full compliance" with U.S. tax laws and was an effort to provide maximum transparency to the American public.

The documents were released as President Barack Obama prepared to deliver his State of the Union message, in which he is expected to talk about economic fairness. Asked during a round of television interviews Tuesday about Romney's relatively modest tax rate, given that he's a multimillionaire, White House adviser David Plouffe said: "We need to change our tax system. We need to change our tax code so that everybody is doing their fair share."

Romney had refused to disclose any federal tax returns, but then hinted he would only offer a single year's return in April. But mounting criticism from his rivals and a hard loss in last week's South Carolina primary forced his hand.

For 2011, Romney will pay about $3.2 million with an effective tax rate of about 15.4 percent, the campaign said. Those returns haven't yet been filed yet with the Internal Revenue Service. In total, he would pay more than $6.2 million in taxes on $45 million in income over the past two years, his campaign said.

"Gov. Romney has paid 100 percent of what he owes," said Benjamin Ginsberg, the Romney campaign's legal counsel. Ginsberg and other advisers insisted Romney did not use any aggressive tax strategies to help reduce or defer his tax income.

The advisers acknowledged that Romney continues to earn money from investments from Bain Capital, the Boston-based private equity firm the candidate founded and managed between 1984 and early 1999. Under an agreement with the firm when he left, Romney continued to earn "carried interest" on new Bain investments as a former partner in the firm even though he no longer ran the operation.

Romney earned $7.5 million in Bain earnings in 2010 and expects to make $5.5 million in 2010, Ginsberg said.

The former Massachusetts governor had been cast by his GOP opponents as a wealthy businessman who earned lucrative payouts from his investments while Bain slashed jobs in the private sector. Rival Newt Gingrich released his 2010 returns last Thursday, showing he paid almost $1 million in income taxes ? a tax rate of about 31 percent.

Romney's advisers acknowledged Tuesday that Romney and his wife, Ann, had a bank account in Switzerland as part of her trust. The account was worth $3 million and was held in the United Bank of Switzerland, said R. Bradford Malt, a Boston lawyer who makes investments for the Romneys and oversees their blind trust, which was set up to avoid any conflicts of interest in investments during his run for the presidency.

In 2009, UBS admitted assisting U.S. citizens in evading taxes, and agreed to pay a $780 billion penalty as part of a deferred prosecution agreement with the U.S. Justice Department.

Malt said the account was closed for "diversification" in early 2010. He said he made the decision to close the Swiss account because it "just wasn't worth it." Malt sidestepped a question about whether he closed the account because it could be a political liability, saying it "might or might not be inconsistent with Gov. Romney's political views." Malt has sold off other accounts in recent years ? including investments in firms that did business with Iran and China ? because of possible political inconsistency or embarrassment with Romney's political positions.

Malt also confirmed that some of Romney's investments are routed through affiliate funds set up in the Cayman Islands. But he insisted there were no actual offshore accounts, and added that Romney paid the same amount of U.S. taxes using the Cayman affiliates as he would have if the investment funds were set up in the U.S.

Romney's campaign confirmed the details of his tax information after several news organizations saw a preview of the documents. He had said he planned to release his returns in full Tuesday morning.

"You'll see my income, how much taxes I've paid, how much I've paid to charity," Romney said during Monday night's debate in Tampa. "I pay all the taxes that are legally required and not a dollar more. I don't think you want someone as the candidate for president who pays more taxes than he owes."

Romney's 2010 returns show the candidate is among the top 1 percent of taxpayers. The returns showed about $4.5 million in itemized deductions, including $1.5 million to the Church of Jesus Christ of Latter-Day Saints.

Romney's charitable giving is above average, even for someone at his income level. In 2009, more than 37 million filers claimed charitable deductions averaging more than $4,000. Among those making more than $10 million, the average charitable deduction was about $1.7 million, according to the IRS.

Before the tax records were released, Romney's old investments in two government-backed housing lenders stirred up new questions at the same time his campaign targeted Gingrich for his work for Freddie Mac.

Gingrich earned $1.6 million in consulting fees from Freddie Mac. Romney has as much as $500,000 invested in the U.S.-backed lender and its sister entity, Fannie Mae.

The fight over releasing the tax information highlighted an argument that Democrats are already starting to use against Romney ? that he is out-of-touch with normal Americans. And it probably hurt him in the South Carolina primary, where he lost by 12 percentage points to Gingrich after spending several days resisting calls to release the returns.

In Monday's debate, Romney would not answer questions from moderator Brian Williams of NBC about just what pieces of his tax returns could cause political headaches. But they will shine the spotlight on a fortune estimated at between $190 million and $250 million, and could raise questions about where he keeps his money and how he earns it.

It's clear that Romney's campaign is bracing for an onslaught of criticism of his personal fortune. His wife, Ann, has started talking about the returns during campaign appearances. She told supporters at a Florida rally Sunday: "I want to remind you where we know our riches are. Our riches are with our families."

Most of Romney's vast fortune is held in a blind trust that he doesn't control. A portion is held in a retirement account.

___

Gillum and Associated Press writers Stephen Braun and Stephen Ohlemacher reported from Washington.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2012-01-24-Romney-Taxes/id-f19838bc9f9049fb82c075c7321a778a

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EU finance chiefs to meet as Greek talks stall (AP)

PARIS ? European finance ministers will try on Monday to give new momentum to talks on a Greek debt relief deal that is crucial to avoid a default, but a European diplomat warned that a final agreement may have to wait until a leaders' summit next week.

A deal would see Greece's private creditors ? banks and other investment firms ? swap their Greek bonds for ones with a 50 percent lower value, thereby cutting the country's debt pile by some euro100 billion ($129 billion). The new bonds will also have much longer maturities, pushing repayments decades into the future, and a much lower interest rate than Greece would currently have to pay on the market.

However, even though the Greek government and representatives for the private creditors are moving closer to a final deal, issues remain ? in particular over the interest rates on the new bonds.

If the interest rate is too high, a second, euro130 billion bailout for Greece may not be enough to put the country back on its feet. Several eurozone states and the International Monetary Fund would have to provide more loans, but they are reluctant to do so.

The talks with the private creditors will likely drag on until a summit of European Union leaders next Monday "even if technically speaking a deal is at hand," a European diplomat said Monday.

"This has to be fixed at the highest level," said the diplomat, who was speaking on condition of anonymity because the negotiations are confidential.

French finance chief Francois Baroin, who met German counterpart Wolfgang Schaeuble in Paris before heading to Brussels for a eurozone ministers' meeting, told reporters that a deal "seems to be emerging."

Investors appeared confident that a deal would be struck eventually, pushing the euro, stocks and bonds higher. The borrowing rates for fiscally weak countries like Italy and Spain continued to slide, suggesting growing confidence in their financial futures.

Greek officials say negotiations are continuing over the phone, while no appointment has been set yet for new face-to-face talks this week.

Last week, officials from the Institute of International Finance, which represents the private creditors, held three days of intensive talks with Greek Prime Minister Lucas Papademos and Finance Minister Evangelos Venizelos on the bond swap, which is officially called-Private Sector Involvement, or PSI.

The negotiations had been due to resume Saturday, according to Greek officials. But IIF chief Charles Dallara left for a "long-standing engagement" in Paris on Saturday.

Dallara told The Associated Press over the weekend that the talks are "coming together."

The IIF's legal and financial advisers are still in Athens working on several "outstanding issues" and Dallara will return "as needed," a spokesman said.

Greek government spokesman Pantelis Kapsis said there was "absolutely no" question of the talks failing.

"Tonight's eurogroup meeting is important, and we hope significant steps will be taken there towards an agreement," he told state NET radio Monday.

On Sunday, Dallara was quoted by private Antenna TV as saying he had presented Athens with "the best possible" proposal on the debt writedown.

"I believe the elements now are in place for a historic voluntary PSI deal. It is a question now really of the broader reaction of the European official sector and of course the IMF to this proposal," he said.

Having the creditors accept the deal voluntarily would avoid the payout of insurance on the restructured bonds. The EU and IMF are trying hard to keep it a voluntary deal, but Dallara suggested their demands were pushing the limits of what the private creditors could consider voluntary.

"Our offer that was delivered to the Prime Minister is the maximum offer consistent with a voluntary PSI deal," he added. "We are in a crossroads. Either we choose a voluntary debt restructuring (or) the alternative is to choose the path of default."

Dallara said he was "quite hopeful" that common ground can be reached "in the very, very, very short term."

The writedown is a key part of Greece's second international bailout, agreed in October but not yet finalized. Since May 2010, the country has been surviving on a first euro110 billion ($142 billion) batch of rescue loans agreed on condition of deep spending cuts and sweeping public sector reforms.

Debt inspectors from the EU, the European Central Bank and the IMF ? collectively known as the troika ? will be meeting government officials in Athens this week on the course of the austerity program. Without approval from the troika, Greece will be cut off from its rescue loan lifeline, which would force it into a messy default on its debts in late March and even possibly see it leave the euro.

___

Paphitis reported from Athens. Gabriele Steinhauser in Brussels contributed to this story.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20120123/ap_on_bi_ge/eu_europe_financial_crisis

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Monday, January 23, 2012

Another side of Ai Weiwei shown in Sundance film (omg!)

Director Alison Klayman talks to the media before the screening of the film "Ai Weiwei - Never Sorry" during the Sundance Film Festival in Park City, Utah January 22, 2012. REUTERS/Jim Urquhart

PARK CITY, Utah (Reuters) - A new documentary film offers a glimpse into the life of Chinese artist and dissident Ai Weiwei, conveying a creative, brave, yet humble man who has become more cautious following his 81-day government detention in 2011.

"Ai Weiwei: Never Sorry," which premiered at the Sundance film festival on Sunday, features interviews China's leading artists and activists and people who surround Ai in is life.

It includes footage that humanizes the man, showing suprising tears from his mother worried about his safety, the artist playing with his young son, and highlights from his projects such as a poor response to the 2008 Sichuan earthquake.

Ai, who was named the world's most powerful artist by U.K-based ArtReview magazine in October since his release, appears in interviews only before his detention, but not after his release.

The 54-year-old bearded, burly Chinese artist wanted to attend the Sundance screening "but felt it was just going to invite too much trouble," the film's director Alison Klayman told the audience after a standing ovation in Park City, Utah, where the festival takes place.

Ai became a symbol for China's crackdown on artists and dissidents when his disappearance and secret detention after battling Chinese authorities sparked an international outcry.

Last November he paid a bond of 8.4 million yuan (then $1.3 million) on a tax evasion charge, which he denies, while his supporters continued to raise the full, combined bill of 15 million yuan (then $2.4 million.)

Klayman spent several years chronicling his rise to prominence and told the audience she believed the detention of the artist, which became a rallying point for China's free speech and other movements, had changed him.

"There was absolutely a change. I really think about it as: there was the time before the detention and there was the time after," she said. "The big thing is that he is constantly changing, he always has been, so I don't know where it is going to end up."

INSIGHT INTO AI

The film offers audiences some insight into Ai's childhood, family, formative time spent living for years in New York and his reasons for often criticizing China's government, which is expressed in many of his contemporary works.

"If you don't act, the danger becomes stronger," says Ai, who had a hand in designing the Bird's Nest stadium at the 2008 Beijing Olympics and has had installations at some of the world's major museums including London's Tate Modern Gallery.

"Never Sorry" shows his efforts gathering and listing more than 5,000 names of students who died in the Sichuan earthquake,

pointing to shoddy school construction and claiming that he was punched in the head by police in Sichuan's capital Chengdu.

But it also offers glimpses of a loving father and stoic son rarely publicly separated from his art and activism.

"Every night I can't sleep," his mother, Gao Ying, says to him in the film before breaking down in tears because she is worried she will not see him again.

"We'll endure what we can," he answers calmly, before later calling himself "an eternal optimist."

Klayman, who doubted there would be a public screening of the film in China, told the audience it was clear that being a father had altered Ai's life, too, along with detention.

He seems more careful, she said, when talking about footage in the documentary showing that upon his release, Ai uncharacteristically speaks little to reporters.

"He does have to be a lot more cautious. If this was a year ago he would be here," said Klayman.

(Reporting By Christine Kearney; Editing by Bob Tourtellotte)

Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//us.rd.yahoo.com/dailynews/external/omg_rss/rss_omg_en/news_another_side_ai_weiwei_shown_sundance_film025202351/44268495/*http%3A//omg.yahoo.com/news/another-side-ai-weiwei-shown-sundance-film-025202351.html

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Dynamite targets bridge in oil-rich Nigeria delta (AP)

LAGOS, Nigeria ? Police say unknown bombers detonated locally made dynamite near an important bridge in Nigeria's oil-rich southern delta overnight, though no one was injured.

The blast happened Friday night in Yenagoa, the capital of Bayelsa state, the home of President Goodluck Jonathan. Bayelsa state police spokesman Eguavoen Emokpae said the bomb targeted a bridge, but caused little damage.

The blast occurred as Bayelsa state is under increasing political pressure over an upcoming gubernatorial race in the state. The winner of the race will control a state budget that's larger than some nations surrounding oil-rich Nigeria. Violence remains common in elections in Nigeria, a nation of more than 160 million people and a top crude oil supplier to the U.S.

Source: http://us.rd.yahoo.com/dailynews/rss/africa/*http%3A//news.yahoo.com/s/ap/20120121/ap_on_re_af/af_nigeria_oil_unrest

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Newt Gingrich strikes back, family by his side, in South Carolina

Newt Gingrich fired back against explosive allegations from his ex-wife by wrapping himself in family at an event South Carolina, a state where family values loom large.?

It?s lunchtime in Walterboro, S.C., and supporters are dining on hot barbecue. Newt and Callista Gingrich take the stage set up in an over-size garage, a ?Lowcountry Sportsmen for Newt? banner stretched wide across the wall behind them.

Skip to next paragraph

Mr. Gingrich launches into introductions. First up, one of his ?senior debate coaches? ? grandson Robert Cushman, age 10. His other ?debate coach,? 12-year-old granddaughter Maggie, couldn?t be there. She had ballet.

Robert?s advice is ?to keep it shorter and clearer,? Gingrich says, his beaming grandson at his side. ?[Maggie?s] role is to make sure I smile often enough, because I?m too intense, apparently. So she counts my smiles at every debate.?

Also on stage were Gingrich?s daughter Jackie, his brother Randy, and sister Susan. This show of family support in the runup to South Carolina?s primary Saturday was no accident. ABC News was about to air its interview with Gingrich?s second ex-wife, who said he asked her for an ?open marriage? back in 1999. Gingrich was by then already long into an affair with Callista.

Thursday?s series of events ? the campaign appearance with family, followed by his aggressive attack on the media in the evening debate ? demonstrated the maxim, ?the best defense is a good offense.?

Add to the mix a dose of good fortune. Texas Gov. Rick Perry dropped out of the presidential race Thursday and threw his support to Gingrich. Governor Perry acknowledged Gingrich?s personal history in his remarks.

?Newt is not perfect, but who among us is?? Perry said. ?The fact is, there is forgiveness for those who seek God, and I believe in the power of redemption, for it is a central tenet of my own Christian faith.?

Gingrich may have made the best of a tough situation Thursday, perhaps well enough to take full advantage of Mitt Romney?s stumbles over his personal finances and beat him in the primary. After several days of hedging about when he will release his tax returns, Mr. Romney has gone from the clear front-runner in South Carolina polls to a close second behind Gingrich.

Still, South Carolina is heavily evangelical ? about 60 percent of GOP primary voters here self-identify as born-again Christian ? and for many in that community, Gingrich?s history of marital infidelity is hardly a selling point. Last weekend, a group of about 150 high-profile religious conservative leaders gathered in Houston endorsed Rick Santorum.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/z6ykdzbcKlY/Newt-Gingrich-strikes-back-family-by-his-side-in-South-Carolina

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Sunday, January 22, 2012

GE 4Q profit falls, sales miss estimates (AP)

NEW YORK ? General Electric Co. said Friday its fourth-quarter earnings fell 18 percent as revenue declined after it sold its stake in the NBC network.

Revenue of nearly $38 billion was lower than what Wall Street was banking on. Shares fell more than 2 percent in trading before the opening bell.

The Fairfield, Conn., industrial conglomerate, which makes everything from jet engines to light bulbs, earned $3.73 billion, or 35 cents per share, compared with $4.54 billion, or 42 cents per share a year earlier.

Revenue fell 8 percent to $37.97 billion. The decline was largely due to the company's sale of its majority stake in NBC Universal to Comcast last year. But GE also said it also saw slower growth in Europe, and its ongoing effort to make its GE Capital financing arm more efficient reduced revenue at the unit by 9 percent. GE Capital is the company's second-largest segment.

Excluding discontinued businesses and certain pension costs, earnings were 39 cents a share. That topped analysts' forecast of 38 cents, based on a FactSet survey. But revenue fell below Wall Street's $40.05 billion estimate.

GE said infrastructure orders rose 15 percent in the quarter, leaving it with its biggest-ever order backlog of $200 billion.

For all of 2011, the company earned $14.15 billion, or $1.23 per share, up 22 percent compared with $11.64 billion, or $1.06 per share, in 2010.

It expects to post double-digit earnings growth this year over last in its industrial and capital segments, but it still expects to see continued economic volatility.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20120120/ap_on_bi_ge/us_earns_general_electric

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Saturday, January 21, 2012

The Nike+ FuelBand measures activity in NikeFuel, ready for your NikeLife

While Nike might have beat competitors like the MotoACTV and Jawbone Up to the active bracelet market over two years ago, its original endeavor, the Nike+ SportBand, was getting a little long in the tooth. That changes today with the introduction of the far sleeker Nike+ FuelBand. It's much in the vein of the original, except boasts a more attractive 20 LED dot matrix display and can measure activity in a new unit the company calls NikeFuel. That latter bit is a normalized score that unlike calories "awards equal points for the same activity regardless of physical makeup." We'll have to see about that, but we're definitively smitten with its design and that row of colorful LEDs that progressively fills as one gets closer to reaching their intended goal. The $149 pre-orders are live now on the company's online store, but those interested ought to peep the PR and video after the break.

Continue reading The Nike+ FuelBand measures activity in NikeFuel, ready for your NikeLife

The Nike+ FuelBand measures activity in NikeFuel, ready for your NikeLife originally appeared on Engadget on Thu, 19 Jan 2012 12:57:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2012/01/19/nike-introduces-nikefuel-wristband/

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Republicans fume as Keystone oil pipeline rejected (Reuters)

WASHINGTON/CALGARY, Alberta (Reuters) ? The Obama Administration rejected the Keystone oil pipeline on Wednesday, a move that Republicans decried for sacrificing jobs and energy security in order to shore up the president's environmental base before elections.

President Barack Obama said the administration denied TransCanada's application for the $7 billion Canada-to-Texas oil sands pipeline because there was not enough time to review an alternate route that would avoid a sensitive aquifer in Nebraska -- within a 60-day window set by Congress.

The Canadian firm quickly said it would re-apply for the permit, which it first sought in 2008. But U.S. officials said it would still take more than a year for the State Department to complete a new environmental review -- pushing any final decision on the line well beyond November's elections.

Even so, Keystone seems certain to become a key issue for the coming presidential campaign, with Republicans accusing Obama imperiling U.S. energy security and environmentalists cheering the White House for standing up to big oil.

Canada has said the uncertainty will cause it to intensify efforts to sell more crude to China.

The administration rejected the attacks, arguing Republicans inserted an unrealistic deadline in legislation in December that was designed to force Obama's hand by the end of February. That measure came after the State Department in November moved to delay a decision in order to study a route that would avoid part of the Ogallala Acquifer, a major source of fresh water.

"I'm disappointed that Republicans in Congress forced this decision," Obama said.

Mitt Romney, front runner for the Republican presidential nomination, blasted Obama on the announcement, saying he demonstrated a "lack of seriousness" in tackling high unemployment.

"He seems to have confused the national interest with his own interest in pleasing the environmentalists in his political base," Romney said in statement.

Newt Gingrich, another contender in Republican race for presidential nominee, called Obama's decision "stunningly stupid."

LOATHING OIL SANDS

Environmentalists, a key voting bloc that helped Obama win the White House in 2008, had pushed for him to block the 1,700-mile pipeline, saying their support in his reelection campaign depended on that decision.

Environmental groups loathe the idea of increasing the flow of oil sands crude from Canada because of its bigger carbon footprint in the mining process. They cheered the Obama administration in November when it announced it would delay the project, which could transport 830,000 barrels per day of crude.

But lawmakers, led by Republicans, attached a measure to a popular tax cut bill in December that called on Obama to make a decision on the pipeline by the end of February.

The decision, made long before the deadline, also provides the White House with a talking point to take on the campaign trail after delivering the State of the Union next week.

Despite the rejection of the Keystone project, Obama expressed general support for an oil pipeline between Cushing, Oklahoma, and the Gulf of Mexico.

Oil producers were depending on Keystone to help ease a glut of crude at the Cushing delivery point for the New York Mercantile Exchange and shift the crude to the Texas refining center where more oil can be processed.

A CAMPAIGN ISSUE

Republican lawmakers and oil and gas industry groups vowed to keep fighting for the pipeline, which requires State Department approval because it crosses international borders.

Lawmakers have already begun work on a plan to take the decision making power from the White House and give the project an immediate go-ahead.

"All options are on the table," House speaker John Boehner said at a press conference after the decision was announced.

Ultimately, oil and gas analysts said it could be possible to work out a deal to greenlight Keystone after the November election.

Kevin Book, an energy analyst at Clearview Energy Partners, said that even an approval in 2013 could still have "important implications for North American supply" because it would establish a six- or seven-year process for approval of pipelines that cross national borders.

"Should environmentalists replicate last year's successful delays in future permit decisions, it would turn what used to be a de facto "rubber stamp" into a long, drawn-out fight every time," Book said in a research note.

PROFOUNDLY DISAPPOINTED

Canadian Prime Minister Stephen Harper said he expressed in a phone call with Obama his "profound disappointment" with the rejection, which follows years of intense lobbying in Washington in support of the project, which is partly aimed at raising returns for oil sands producers.

Harper and other officials across the country said they believe Keystone XL will eventually proceed, but that the rejection underlines the need to diversify markets.

The oil sands of northern Alberta are the third-largest crude source after those in Saudi Arabia and Venezuela, but production is more energy and carbon-intensive.

Harper and his Conservative government are pushing hard to boost exports of the crude in the United States and in Asia, seeking employment and economic gains, but face stiff opposition at home and abroad from environmentalists and native groups.

Alberta Premier Alison Redford, whose Western province derives about a third of its revenue from the tar sands and other oil and gas activity, said she spoke to TransCanada officials and will consider ways to move the project forward together.

"It's still entirely possible for this project to proceed. There is no doubt that is the opinion of the applicants in the project and we're going to support them in any way they find helpful to try to achieve success on this project," she said.

CAUGHT IN MIDDLE

The pipeline placed the Obama administration in the middle of a dispute between two key parts of its voting block: green groups who oppose the pipeline over concerns about climate change and some unions who back the project because of the jobs they believe it would create.

Supporters say it would create thousands of jobs and is integral to U.S. energy security.

Environmentalists say the job-creation claims are inflated and warn that the pipeline would lock the nation into the use of carbon-intensive oil sands crude for years.

"The knock on Barack Obama from many quarters has been that he's too conciliatory," said Bill McKibben, who led protests against the pipeline through his organization 350.org. "But here, in the face of a naked political threat from Big Oil to exact 'huge political consequences,' he's stood up strong."

ConocoPhillips Chief Executive Jim Mulva said on Wednesday that Canadian oil sands development will go ahead, despite the decision on Keystone.

"It's difficult for me to understand why the Keystone project is not quickly approved," Mulva told reporters at an energy conference at Rice University.

(Additional reporting By Timothy Gardner, Jeffrey Jones, Arshad Mohammed, Roberta Rampton; Writing by Ayesha Rascoe; Editing by David Gregorio, Russell Blinch and Bob Burgdorfer)

Source: http://us.rd.yahoo.com/dailynews/rss/obama/*http%3A//news.yahoo.com/s/nm/20120119/wl_canada_nm/canada_us_keystone_decision

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