India Ink: Newswallah: Long Reads Edition

As pilgrims flock to the Maha Kumbh, a mass gathering in which Hindus travel to bathe in the confluence of the Ganga and Yamuna rivers, Soma Basu and Bharat Lal Seth examine the impact on the rivers and the surrounding areas. In their article in Down To Earth magazine, Ms. Basu points out that the large number of people drawn to the event help cause water pollution and demand a large number of resources such as waste disposal, sanitation facilities and basic amenities like food, water and electricity. She writes that despite the authorities’ claim that they are prepared for the pilgrimage, the region remains ill equipped to deal with such crowds.

In the second half of the piece Bharat Lal Seth writes that while temporary measures are taken to clean the Ganga during the festival, the river continues to stay dirty through the rest of the year. He writes, “Maha Kumbh is no Olympics, which leaves behind a legacy of infrastructure. Come March 10, the tents, stalls, offices, ghats and pontoon bridges will be dismantled. The 100 million people will leave behind a mountain of waste, excreta and plastics for the residents of the host city and downstream villages to deal with, for long.”

In Foreign Affairs, Sumit Ganguly analyzes the Congress Party’s decision in January to elevate Rahul Gandhi to the position of party vice president, a role that did not previously exist. The role, he argues, is an attempt to solidify the Congress Party’s position before the national elections in 2014. Mr. Ganguly suggests that as the Indian democracy matures and the Indian electorate demands a meritocratic leadership, this decision might backfire on the Congress.

In keeping with the dynastic politics that have dominated the Congress, the piece argues that Rahul Gandhi has long been groomed to take over the party’s vice presidency, while others among the party have been discouraged from attempting to take the Congress’s top position. However, Mr. Gaguly notes that if the party operated in a democratic manner internally, it is unlikely that Mr. Gandhi would have worked his way to the top position. He points to Mr. Gandhi’s ineffective public speaking, unremarkable career in parliament, inability to lead the Congress to victory in regional elections and lack of engagement with contemporary issues as evidence for this argument. “In the end, the party that has placed all its bets on him could well discover that his dynastic halo has less appeal in India’s evolving political order than it expected,” writes Mr. Ganguly.

In a deeply personal essay in Open, Rahul Pandita writes of the impetus behind his memoir, “Our Moon Has Blood Clots,” which talks about the exodus of Kashmiri Pandits in 1990.  Speaking of his horrific memories from the time, he talks of the forced removal of Kashmiri Pandits from their homes and the experiences they faced in refugee camps. While the pain of the experience has never left him in the 23 years he has been in exile, Mr. Pandita writes that in the last few years he has become angrier over his fate because the story of the Kashmiri Pandit has been marginalized. His said his desire to write the memoir was fueled by his anger over the denial his community faced about the events leading up to the exodus.

The piece describes the events of the night of 19 January 1990 as experienced by Mr. Pandita. He writes:

“Ask any Kashmiri Pandit — any — who left the Valley in 1990, about the night of 19 January 1990, and he will tell you the same story. Of how Muslims from his neighbourhood assembled in mosques, intimidating him and his family with scary slogans. Of how it happened not in one locality or street, or one district, but in the entire Valley at the same time.”

Speaking of those who have tried to suppress the point of view of Kashmiri Pandits, Mr. Pandita says that as in any genocide, the witnesses play a crucial role in shaping public discourse. When the witnesses manipulate the facts for fear of reproach, truth is compromised. He concludes, “There will be some who will live in permanent denial, but the world will overwhelmingly learn and believe and not be able to disregard our story. The war may end, but it won’t be won against us.”

Read More..

GS: Ignore the chatter, BlackBerry rebound is coming






BlackBerry’s (RIMM) next-generation BlackBerry 10 platform has received mixed reviews out of the gate, but most seem to agree that the new OS and first two BlackBerry 10 smartphones will do little to attract interest from users of rival platforms. But as analysts continue to back off BlackBerry and investors lose confidence, Goldman Sachs sees a big opportunity for clients.


[More from BGR: Here comes the PlayStation 4: Sony announces February 20th PlayStation event [video]]






In a recent research note to clients picked up by Barron’s, Goldman Sachs analyst Simona Jankowski urged investors to take advantage of BlackBerry’s recent slide and buy shares at a discount.


[More from BGR: BlackBerry 10 browser smokes iOS 6 and Windows Phone 8 in comparison test [video]]


“We continue to see significant upside to estimates over the next three quarters, as BB10 devices drive upside to the Street’s ASP and margin forecasts,” Jankowski wrote. ”With 110 carriers completing lab testing by February, 50 carriers offering integrated billing, and Verizon getting an exclusive for the white Z10, we continue to see strong carrier support for BB10. Consumer adoption will decide the ultimate outcome, but estimate revisions should be a positive catalyst in the meantime.”


Jankowski also noted that BlackBerry Z10 sales could reach roughly 1 million units in the UK and Canada alone. The analyst believes BlackBerry World is off to a solid start with more than 70,000 available BlackBerry 10 apps, and the new platform includes a number of novel features that will attract attention.


“Consistent with BB10s browser superior performance on industry benchmarks – the Ringmark and HTML 5 tests – our preliminary tests show it to be much faster than leading competitive offerings. Additionally, while the company provided a full demo of the BB10 OS, we believe the details around Hub, Flow, Peek, and Balance were largely known. BlackBerry believes its Keyboard functionality will be a key differentiator, with the capability to ‘flick’ entire words to the screen with a single thumb. It can also recognize multiple languages within a single text or email.”


She continued, adding that the new BBM, BlackBerry Remember, Story Maker and enhanced camera functionality are all compelling features that will draw attention to the new platform.


Jankowski reiterated a Buy rating on BlackBerry shares with a $ 19 price target.


This article was originally published on BGR.com


Gadgets News Headlines – Yahoo! News





Title Post: GS: Ignore the chatter, BlackBerry rebound is coming
Url Post: http://www.news.fluser.com/gs-ignore-the-chatter-blackberry-rebound-is-coming/
Link To Post : GS: Ignore the chatter, BlackBerry rebound is coming
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Jenna Miscavige Hill Pens Revealing Scientology Book















02/01/2013 at 08:00 PM EST







Jenna Miscavige and her uncle David inset


Michael Murphree; Inset: Polaris


What was it like to grow up inside Sea Org, the Church of Scientology's most elite body?

In her memoir Beyond Belief, excerpted exclusively below, Jenna Miscavige Hill describes her experiences at the Ranch, a San Jacinto, Calif., boarding school for children of Scientology execs. The niece of church head David Miscavige, she was raised away from her parents, then worked within Sea Org until leaving Scientology in 2005.

Now living near San Diego, married to Dallas Hill and mom to their children Archie, 3, and Winnie, 10 months, she's telling her story, she says, to increase awareness about Scientology: "I realize every day how lucky I am to have gotten out." (When asked to comment on the book's portrayal of its members, the church stated they had not read the book but that "any allegations of neglect are blatantly false.")

Jenna's parents, Ron and Blythe Miscavige, high-ranking members of Sea Org, sent both Jenna and her older brother Justin to the Ranch. There, at age 7, in accordance with Scientologists' belief that they are "Thetans," or immortal spirits, Jenna signed a billion-year contract.

I tried to write my name in my best cursive, the way I'd been learning. I had goose bumps. Just like that, I committed my soul to a billion years of servitude to the Church of Scientology.

Sea Org was run like the Navy: Members wore uniforms and managed all aspects of the church. Married members couldn't have kids; those who already did sent them to be raised communally.

A Sea Org member was required to be on duty for at least 14 hours a day, seven days a week, with a break for an hour of 'family time.' I was too young to understand that seeing your parents only one hour a day was highly unusual.

Read More..

New rules aim to get rid of junk foods in schools


WASHINGTON (AP) — Most candy, high-calorie drinks and greasy meals could soon be on a food blacklist in the nation's schools.


For the first time, the government is proposing broad new standards to make sure all foods sold in schools are more healthful.


Under the new rules the Agriculture Department proposed Friday, foods like fatty chips, snack cakes, nachos and mozzarella sticks would be taken out of lunch lines and vending machines. In their place would be foods like baked chips, trail mix, diet sodas, lower-calorie sports drinks and low-fat hamburgers.


The rules, required under a child nutrition law passed by Congress in 2010, are part of the government's effort to combat childhood obesity. While many schools already have improved their lunch menus and vending machine choices, others still are selling high-fat, high-calorie foods.


Under the proposal, the Agriculture Department would set fat, calorie, sugar and sodium limits on almost all foods sold in schools. Current standards already regulate the nutritional content of school breakfasts and lunches that are subsidized by the federal government, but most lunchrooms also have "a la carte" lines that sell other foods. Food sold through vending machines and in other ways outside the lunchroom has never before been federally regulated.


"Parents and teachers work hard to instill healthy eating habits in our kids, and these efforts should be supported when kids walk through the schoolhouse door," Agriculture Secretary Tom Vilsack said.


Most snacks sold in school would have to have less than 200 calories. Elementary and middle schools could sell only water, low-fat milk or 100 percent fruit or vegetable juice. High schools could sell some sports drinks, diet sodas and iced teas, but the calories would be limited. Drinks would be limited to 12-ounce portions in middle schools and to 8-ounce portions in elementary schools.


The standards will cover vending machines, the "a la carte" lunch lines, snack bars and any other foods regularly sold around school. They would not apply to in-school fundraisers or bake sales, though states have the power to regulate them. The new guidelines also would not apply to after-school concessions at school games or theater events, goodies brought from home for classroom celebrations, or anything students bring for their own personal consumption.


The new rules are the latest in a long list of changes designed to make foods served in schools more healthful and accessible. Nutritional guidelines for the subsidized lunches were revised last year and put in place last fall. The 2010 child nutrition law also provided more money for schools to serve free and reduced-cost lunches and required more meals to be served to hungry kids.


Sen. Tom Harkin, D-Iowa, has been working for two decades to take junk foods out of schools. He calls the availability of unhealthful foods around campus a "loophole" that undermines the taxpayer money that helps pay for the healthier subsidized lunches.


"USDA's proposed nutrition standards are a critical step in closing that loophole and in ensuring that our schools are places that nurture not just the minds of American children but their bodies as well," Harkin said.


Last year's rules faced criticism from some conservatives, including some Republicans in Congress, who said the government shouldn't be telling kids what to eat. Mindful of that backlash, the Agriculture Department exempted in-school fundraisers from federal regulation and proposed different options for some parts of the rule, including the calorie limits for drinks in high schools, which would be limited to either 60 calories or 75 calories in a 12-ounce portion.


The department also has shown a willingness to work with schools to resolve complaints that some new requirements are hard to meet. Last year, for example, the government relaxed some limits on meats and grains in subsidized lunches after school nutritionists said they weren't working.


Schools, the food industry, interest groups and other critics or supporters of the new proposal will have 60 days to comment and suggest changes. A final rule could be in place as soon as the 2014 school year.


Margo Wootan, a nutrition lobbyist for the Center for Science in the Public Interest, said surveys by her organization show that most parents want changes in the lunchroom.


"Parents aren't going to have to worry that kids are using their lunch money to buy candy bars and a Gatorade instead of a healthy school lunch," she said.


The food industry has been onboard with many of the changes, and several companies worked with Congress on the child nutrition law two years ago. Major beverage companies have already agreed to take the most caloric sodas out of schools. But those same companies, including Coca-Cola and PepsiCo, also sell many of the non-soda options, like sports drinks, and have lobbied to keep them in vending machines.


A spokeswoman for the American Beverage Association, which represents the soda companies, says they already have greatly reduced the number of calories that kids are consuming at school by pulling out the high-calorie sodas.


___


Follow Mary Clare Jalonick on Twitter at http://twitter.com/mcjalonick


Read More..

"Great Rotation"- A Wall Street fairy tale?

NEW YORK (Reuters) - Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights.


That sounds good, but there's a snag: The evidence for this is a few weeks of bullish fund flows that are hardly unusual for January.


Late-stage bull markets are typically marked by an influx of small investors coming late to the party - such as when your waiter starts giving you stock tips. For that to happen you need a good story. The "great rotation," with its monumental tone, is the perfect narrative to make you feel like you're missing out.


Even if something approaching a "great rotation" has begun, it is not necessarily bullish for markets. Those who think they are coming early to the party may actually be arriving late.


Investors pumped $20.7 billion into stocks in the first four weeks of the year, the strongest four-week run since April 2000, according to Lipper. But that pales in comparison with the $410 billion yanked from those funds since the start of 2008.


"I'm not sure you want to take a couple of weeks and extrapolate it into whatever trend you want," said Tobias Levkovich, chief U.S. equity strategist at Citigroup. "We have had instances where equity flows have picked up in the last two, three, four years when markets have picked up. They've generally not been signals of a continuation of that trend."


The S&P 500 rose 5 percent in January, its best month since October 2011 and its best January since 1997, driving speculation that retail investors were flooding back into the stock market.


Heading into another busy week of earnings, the equity market is knocking on the door of all-time highs due to positive sentiment in stocks, and that can't be ignored entirely. The Standard & Poor's 500 Index <.spx> ended the week about 4 percent from an all-time high touched in October 2007.


Next week will bring results from insurers Allstate and The Hartford , as well as from Walt Disney , Coca-Cola Enterprises and Visa .


But a comparison of flows in January, a seasonal strong month for the stock market, shows that this January, while strong, is not that unusual. In January 2011 investors moved $23.9 billion into stock funds and $28.6 billion in 2006, but neither foreshadowed massive inflows the rest of that year. Furthermore, in 2006 the market gained more than 13 percent while in 2011 it was flat.


Strong inflows in January can happen for a number of reasons. There were a lot of special dividends issued in December that need reinvesting, and some of the funds raised in December tax-selling also find their way back into the market.


During the height of the tech bubble in 2000, when retail investors were really embracing stocks, a staggering $42.7 billion flowed into equities in January of that year, double the amount that flowed in this January. That didn't end well, as stocks peaked in March of that year before dropping over the next two-plus years.


MOM AND POP STILL WARY


Arguing against a 'great rotation' is not necessarily a bearish argument against stocks. The stock market has done well since the crisis. Despite the huge outflows, the S&P 500 has risen more than 120 percent since March 2009 on a slowly improving economy and corporate earnings.


This earnings season, a majority of S&P 500 companies are beating earnings forecast. That's also the case for revenue, which is a departure from the previous two reporting periods where less than 50 percent of companies beat revenue expectations, according to Thomson Reuters data.


Meanwhile, those on the front lines say mom and pop investors are still wary of equities after the financial crisis.


"A lot of people I talk to are very reluctant to make an emotional commitment to the stock market and regardless of income activity in January, I think that's still the case," said David Joy, chief market strategist at Columbia Management Advisors in Boston, where he helps oversee $571 billion.


Joy, speaking from a conference in Phoenix, says most of the people asking him about the "great rotation" are fund management industry insiders who are interested in the extra business a flood of stock investors would bring.


He also pointed out that flows into bond funds were positive in the month of January, hardly an indication of a rotation.


Citi's Levkovich also argues that bond investors are unlikely to give up a 30-year rally in bonds so quickly. He said stocks only began to see consistent outflows 26 months after the tech bubble burst in March 2000. By that reading it could be another year before a serious rotation begins.


On top of that, substantial flows continue to make their way into bonds, even if it isn't low-yielding government debt. January 2013 was the second best January on record for the issuance of U.S. high-grade debt, with $111.725 billion issued during the month, according to International Finance Review.


Bill Gross, who runs the $285 billion Pimco Total Return Fund, the world's largest bond fund, commented on Twitter on Thursday that "January flows at Pimco show few signs of bond/stock rotation," adding that cash and money markets may be the source of inflows into stocks.


Indeed, the evidence suggests some of the money that went into stock funds in January came from money markets after a period in December when investors, worried about the budget uncertainty in Washington, started parking money in late 2012.


Data from iMoneyNet shows investors placed $123 billion in money market funds in the last two months of the year. In two weeks in January investors withdrew $31.45 billion of that, the most since March 2012. But later in the month money actually started flowing back.


(Additional reporting by Caroline Valetkevitch; Editing by Kenneth Barry)



Read More..

Syria Says It Has Right to Counterattack Israel


Oren Ziv/Getty Images


A post office worker showed an Israeli child how to wear a gas mask on Thursday at a mall in the Pisgat Ze’ev area of East Jerusalem. More Photos »







BEIRUT, Lebanon — Tensions over the Israeli airstrike on Syrian territory appeared to increase on Thursday as Syria delivered a letter to the United Nations declaring its right to self-defense and Israel’s action was condemned not only by longstanding enemies, including Iran and Hezbollah, but also by Russia.




Israeli officials remained silent about their airstrike in Syrian territory on Wednesday, a tactic that experts said was part of a longstanding strategy to give targeted countries face-saving opportunities to avoid worsening a conflict. But Syria’s own confirmation of the attack may have undercut that effort.


“From the moment they chose to say Israel did something, it means someone has to do something after that,” said Giora Eiland, a former national security adviser in Israel and a longtime military leader. But other analysts said that Syria’s overtaxed military was unlikely to retaliate and risk an Israeli onslaught that could tip the balance in its fight against the 22-month Syrian uprising. They also said Syria’s ally Hezbollah was loath to provoke conflict with Israel as it sought to maintain domestic calm in neighboring Lebanon.


Syria’s ambassador to Lebanon declared that Syria had “the option and the capacity to surprise in retaliation.” The Iranian deputy foreign minister warned that the attack would have “grave consequences for Tel Aviv,” while the Russian Foreign Ministry said the strike “blatantly violates the United Nations Charter and is unacceptable and unjustified, whatever its motives.” Lebanon’s Foreign Ministry also condemned the attack — as did some Syrian rebels, seeking to deny President Bashar al-Assad of Syria a chance to rally support as a victim of Israel.


Many questions swirled about the target, motivations and repercussions of the Israeli attack, which Arab and Israeli analysts said demonstrated the rapid changes in the region’s strategic picture as Mr. Assad’s government weakens — including the possibility that Hezbollah, Syria or both were moving arms to Lebanon, believing they would be more secure there than with Syria’s beleaguered military, which faces intense attacks by rebels on major weapons installations.


American officials said Israel hit a convoy before dawn on Wednesday that was ferrying sophisticated SA-17 antiaircraft missiles to Lebanon. The Syrians and their allies said the target was a research facility in the Damascus suburb of Jamraya.


It remained unclear Thursday whether there was one strike or two. Also unclear was the research outpost’s possible role in weapons production or storage for Syria or Hezbollah, the militant Lebanese Shiite organization that has long battled with Israel and plays a leading role in the Lebanese government.


The Jamraya facility, several miles west of Damascus, produces both conventional and chemical weapons, said Maj. Gen. Adnan Salo, a former head of the chemical weapons unit in the Syrian Army who defected and is now in Turkey.


Hezbollah indirectly confirmed its military function in condemning the attack on Arab and Muslim “military and technological capabilities.” That raised the possibility that Israel targeted weapons manufacturing or development, in an attack reminiscent of its 2007 assault on a Syrian nuclear reactor, a strike Israeli never acknowledged.


But military analysts said that the Israeli jets’ flight pattern strongly suggested a moving target, possibly a convoy near the center, and that the Syrian government might have claimed the center was a target to garner sympathy. Hitting a convoy made more sense, they said, particularly if Israel believed that Hezbollah stood to acquire “game-changing” arms, including antiaircraft weapons. Israeli leaders declared days before the strike that any transfer of Syria’s extensive cache of sophisticated conventional or chemical weapons was a “red line” that would prompt action.


Hezbollah — backed by Syria and Iran — wants to upgrade its arsenal in hopes of changing the parameters for any future engagement with the powerful Israeli military, and Israel is determined to stop it. And Hezbollah is perhaps even more anxious to gird itself for future challenges to its primacy in Lebanon, especially if a Sunni-led revolution triumphs next door in Syria.


Anne Barnard reported from Beirut, and Jodi Rudoren from Jerusalem. Reporting was contributed by Irit Pazner Garshowitz from Jerusalem, Ellen Barry from Moscow, Thomas Erdbrink from Tehran, and Alan Cowell from London.



Read More..

Ed Koch Dies, Former New York City Mayor Was 88















02/01/2013 at 06:15 AM EST



Former New York City Mayor Ed Koch, whose folksy yet firm style guided the metropolis from 1978 to 1989, died in New York Presbyterian Hospital early Friday morning, his spokesman confirmed to news outlets. He was 88.

Koch, who had a long history of cardiac problems, made repeated visits to the hospital in the past six months. His latest took place this week, forcing him to miss Tuesday night's Museum of Modern Art premiere of a documentary film about his life, Koch, which opens in limited release on Friday.

What Hizzoner, as he was called, was famous for was doing things his own way. Take his 2009 quadruple bypass, following a heart attack and stroke. Afterward, to celebrate the success of the operation, the notorious contrarian took 20 of his physicians and their spouses to dinner at the Brooklyn steakhouse Peter Luger's – famous for its artery-clogging specialities.

"Ed Koch was more than merely the mayor of New York City; he was the embodiment of the shining Big Apple: volatile and voluble, fast with a quip or a put-down, an ebullient practitioner of dukes-up chutzpah who liked to march at the head of every parade," Time magazine reported in 1987, during the Democrat's third term. By then, his administration had lost a lot of the luster it had shown at the beginning of his tenure, when he helped stave off the city's financial crisis.

Yet even after leaving office the colorful Koch remained a formidable political force, and even presidential candidates sought his endorsement.

Edward Irving Koch was born in New York in 1924, the son of Polish-Jewish immigrants. His father, a furrier, went bankrupt in the Depression, and the Koch family eked out a meager living in Newark, N.J., where his parents had the hatcheck concession for an uncle's catering hall. In 1941 they moved to Brooklyn. Koch served in the combat infantry in Europe in World War II, went to New York's City College as an undergraduate, attended New York University Law School and finally, in the mid-'50s, came to Greenwich Village and began his public career.

First elected to City Council in 1967, he went to the U.S. House of Representatives two years later on behalf of New York's 17th Congressional District, and he stayed there until 1973. Running for mayor on a "law and order" platform in 1978, he beat a wide range of candidates, including incumbent Abe Beame.

On issues, Koch pragmatically often swayed between liberal and conservative stances, though his catchphrase "How'm I doin' " was generally met with a positive response – at least initially.

As the '80s progressed, he came under heavy criticism over the city's mounting AIDS crisis. Protestors were particularly peeved that Koch, a lifelong bachelor who unyieldingly refused to discuss his sexuality, seemed to turn a blind eye to the epidemic overwhelmingly affecting the city's gay male population.

In 1982 Koch ran for Democratic governor of New York, only to lose to Mario Cuomo (father of the current governor, Andrew Cuomo). He was also defeated as mayor in 1989 by David Dinkins, who himself was succeeded by Rudolph Giuliani and then Michael Bloomberg.

After being mayor, besides hosting TV's The People's Court from 1997 to '99 and writing books (one of which was adapted into the off Broadway musical Mayor, which ran nearly 250 performances), Koch returned to the practice of law and also penned a newspaper column. For a time he even reviewed movies.

As always, he maintained a strong opinion.

Read More..

Euro rises, shares gain as Europe's outlook brightens

LONDON (Reuters) - The euro hit a fresh 14-month high and European stocks gained on Friday after economic data raised hopes that the region's downturn has eased, but moves were limited as investors await a U.S. jobs report.


Euro zone factories had their best month in nearly a year during January although the currency bloc is likely to remain mired in recession for a few more months, the latest reading of Markit's Purchasing Managers' Index (PMI) showed.


"Providing there are no further setbacks to the region's debt crisis, these data add to the expectation that the euro zone is on course to return to growth by mid-2013," said Chris Williamson, chief economist at data compiler Markit.


The euro hit a high of $1.3657 after the data came out, its highest level since November 2011. The common currency also hit a 33-month high against the yen, rising more than 1 percent to 125.96 yen.


The pan-European FTSEurofirst 300 index <.fteu3> extended its recent gains by 0.4 percent to 1,169.14 points, near a 23-month high after solid rally since the start of the year. London's FTSE 100 <.ftse>, Paris's CAC-40 <.fchi> and Frankfurt's DAX <.gdaxi> were up between 0.5 and 0.8 percent.


Earlier, China's official PMI for January eased to 50.4, missing market expectations for a rise and underscoring the fragility of the recovery from the economy's weakest year since 1999.


However, a separate private survey showed that growth in China's giant manufacturing sector hit a two-year high in January as domestic demand strengthened, underlining hopes the nation's economic recovery is slowly gaining momentum.


The Chinese data left MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> little changed


EURO STRENGTH


The euro has risen significantly in recent weeks as the outlook for the 17-nation currency bloc has improved, and also as investors respond to the sharply easier monetary policies of the U.S. Federal Reserve and Bank of Japan.


"The perception is that the ECB is being less supportive and is not providing as much liquidity as the other central banks are," said Andrew Milligan, head of Global Strategy at Standard Life Investments.


At the same time liquidity in the European money markets is being affected by quicker-than-expected repayments of crisis loans handed out by the ECB at the height of the bloc's crisis just over a year ago.


Banks have another two years to pay back the money if they want, but have taken the opportunity this week to return over a quarter of the 489 billion euros ($663.77 billion) they took in the first of the ECB's two "LTRO" handouts.


From now on they can pay back as little or as much of the remaining money as they want each week. After the fast start, analysts are awaiting Friday's details of next week's repayments for clues on whether the pace is likely to continue.


Money market rates have already risen by a quarter of a percentage point since the start the year - the equivalent of a standard ECB interest rate increase - and are likely climb by at least the same amount again if the money continues to drain rapidly from the system.


For Europe's struggling countries and the ECB this is not an ideal situation, effectively tightening monetary policy and creating unwanted stress just as economies are showing fragile signs of improvement.


JOBS EYED


Friday's U.S. nonfarm payrolls data due at 8:30 a.m. ET could be a another factor to drive the euro higher, as a strong report would knock the safe-haven dollar.


The dollar was trading at a 3-1/2 month low against a basket of currencies <.dxy> on Friday after falling 0.3 percent to 78.97 points.


Employers are expected to have added 160,000 new jobs to their payrolls in January, a marginal step up from December's 155,000 gain, according to a Reuters survey of economists. The unemployment rate is seen holding steady at 7.8 percent.


The U.S. economy unexpectedly contracted in the fourth quarter, its weakest performance since emerging from recession in 2009, and it grew just 2.2 percent in the whole of 2012.


The U.S. ISM factory survey, a national report on the state of American manufacturers, is also due at 10 a.m. ET.


(Additional reporting by Marc Jones,; editing by Philippa Fletcher)



Read More..

Chinese Court Issues Severe Sentences in Tibetan Self-Immolations





BEIJING – A court in southwest China gave severe prison sentences to two Tibetans who court officials said were guilty of urging eight people to self-immolate, three of whom had died, according to a report on Thursday by Xinhua, the state news agency.




One Tibetan, Lorang Konchok, 40, was sentenced to death with a two-year reprieve, which often means the convict will eventually get a lifetime prison sentence. His nephew, Lorang Tsering, 31, was sentenced to 10 years in prison. The Xinhua report said the older Tibetan was also being stripped of his “political rights” for life, while the other man would have his stripped for three years.


The sentencing took place in Aba Prefecture of Sichuan Province, an area at the heart of the recent wave of self-immolations by Tibetans. Nearly 100 Tibetans have set themselves on fire since 2009 to protest Chinese rule in Tibetan regions, which lie in western China but which many Tibetans say should be granted independence or true autonomy.


At least 81 died following their acts, according to International Campaign for Tibet, an advocacy group based in London. Few other nations have been confronted by such a large wave of self-immolations as political protest.


Chinese officials have sentenced Tibetans before to prison sentences for what courts have said were their roles in promoting self-immolations, but the most recent sentences were among the harshest. There now appears to be a concentrated effort to rein in the self-immolations, which gathered pace in late 2012, by criminalizing both the act itself and making it a crime to help or encourage people to commit it.


On Dec. 3, a newspaper in a Tibetan area of Gansu Province published an editorial that said China’s supreme court, prosecution agency and Ministry of Public Security had issued “guidelines” that said “the act of self-immolation by Tibetans is a crime.” The guidelines said that assisting or encouraging self-immolations was considered intentional homicide, and that those who committed self-immolation were also criminals and punishable by law if they “have caused severe damage,” according to the newspaper.


The Xinhua report on Thursay said the two monks “incited and coerced” eight people to self-immolate; three committed the act and died last year, and the others “willfully” abandoned their plans after the police “intervened.”


The Chinese government has blamed the Dalai Lama, the exiled spiritual leader of the Tibetans, for encouraging the self-immolations, even though the Dalai Lama has not made any explicit statements in support of the acts. Tibetans have said in interviews that the self-immolations are genuine self-expressions of political anger and frustration at Chinese oppression and are not the result of plots hatched by senior monks or other Tibetan leaders.


The two monks sentenced in Aba, which Tibetans called Ngaba, were detained in August 2012, according to a report last December by Xinhua. Both monks are from Kirti Monastery, which was a site central to the earliest self-immolations.


That Xinhua report said Lorang Konchock became involved in promoting self-immolations after being contacted by a “Tibetan independence organization” tied to the Dalai Lama. Xinhua said the contact took place after February 2009, when a young monk from Kirti named Tapey set fire to himself outside the monastery. Tapey did not die, but the second Tibetan to commit the act, Phuntsog, also from Kirti, killed himself in March 2011.


After Phuntsog’s death, a court sentenced three monks to long prison sentences, in what were the first legal punishments handed out in relation to the self-immolations. Two monks were found guilty of involvement in Phuntsog’s self-immolation and one, an uncle of Phuntsog’s, was found guilty of refusing to turn his body over to the police at the time.


The Tibetans who have self-immolated have come from a variety of backgrounds. They have included men and women, young and old, clergy and laypeople. So far this year, at least three Tibetans have self-immolated, all men. The second one, Tsering, who killed himself in Ngaba Prefecture on Jan. 18, was survived by a wife and two children.


Read More..

Nintendo chief rules out price cuts for Wii U






TOKYO (AP) — Nintendo‘s president Thursday ruled out price cuts for its new Wii U home console as a way to boost sales, vowing to become profitable again in its core businesses as smartphones and tablets increasingly threaten specialized game machines.


Satoru Iwata, speaking at a Tokyo hotel to investors and reporters a day after earnings were released, acknowledged the sales momentum for the Wii U, as well as the 3DS hand-held game machine, had run out of steam during the key year-end shopping season, especially in the U.S.






But he said no price cuts were in the works. Price cuts are common in the gaming industry to woo buyers, but the move can backfire by trimming revenue. The Wii U now sells for about $ 300 in the U.S. and 25,000 yen in Japan.


“We are already offering it at a good price,” he said.


Iwata said he expects operating profit of more than 100 billion yen in the 12 months ending March 2014, promising that as “a commitment.”


But he acknowledged more work was needed to have consumers understand the Wii U, which went on sale globally late last year, as well as producing more game software to draw buyers.


All game machines have suffered in recent years from the advent of smartphones and other mobile devices that have become more sophisticated and offer games and other forms of entertainment.


Nintendo returned to net profit for the April-December period of 2012 from deep losses the previous year, but that was due to a perk from a weaker yen, which helps Japanese exporters such as Nintendo.


Its operating result, which removes currency fluctuations, was a loss of 5.86 billion yen ($ 64 million), and Nintendo expects that to swell to a 20 billion yen ($ 220 million) loss for the full business year ending March 2013 as sales of its game consoles fall short of expectations.


Iwata said Nintendo is preparing more game software, including those developed in-house, for the end of this year.


Kyoto-based Nintendo, which makes Super Mario and Pokemon games, lowered its full year sales forecast Wednesday to 670 billion yen ($ 7.4 billion) from 810 billion yen ($ 8.9 billion). It also said it was going to sell fewer Wii U consoles for the fiscal year through March than its previous projection. The Wii U has a touch-screen tablet controller called GamePad and a TV-watching feature called TVii.


The company forecasts it will sell 4 million Wii U consoles for the current fiscal year, ending March 31, down from its earlier estimate of 5.5 million units. The Wii U, which went on sale late last year, was the first major new game console to arrive in stores in years.


Nintendo, also behind the Donkey Kong and Zelda games, lowered its full year sales forecast for Wii U game software units to 16 million from 24 million.


Iwata said last year holiday sales quickly dissipated in the U.S. and some European nations, including Great Britain, the key market. He said the U.S. home console sales were the worst for Nintendo in nearly a decade.


He said Nintendo needs hit games to push console sales, and the company remains confident Wii U will prove more popular with time.


“The chicken-and-game problem has not been solved,” he said of the need for both game software and machine hardware.


“I feel a deep sense of responsibility for not being able to produce results for our year-end business,” said Iwata.


He declined to say what he would do if the company failed to attain the promised operating profits.


Nintendo sank into a loss the previous fiscal year largely because of price cuts for its hand-held 3DS game machine, which shows three-dimensional imagery without special glasses. That machine is also struggling in most global markets.


Shigeru Miyamoto, Nintendo’s famed game designer, said what was missing were games for the Wii U that made its appeal clear. The progress in smartphones has also posed a challenge for Nintendo, he said.


“People have to try it to see it is fun,” Miyamoto said of Wii U.


___


Follow Yuri Kageyama on Twitter at www.twitter.com/yurikageyama


Gaming News Headlines – Yahoo! News





Title Post: Nintendo chief rules out price cuts for Wii U
Url Post: http://www.news.fluser.com/nintendo-chief-rules-out-price-cuts-for-wii-u/
Link To Post : Nintendo chief rules out price cuts for Wii U
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Zooey Deschanel's Night Out with Roasted Octopus in West Hollywood















01/31/2013 at 06:00 AM EST







Zooey Deschanel


Donato Sardella/WireImage


From New Girl to cover girl!

On Monday night, friends and guests of Zooey Deschanel celebrated the actress's Glamour cover at the new eatery RivaBella in West Hollywood.

In the restaurant's "wine cave" private dining room, guests enjoyed signature Bella Bellinis made with Belvedere vodka, housemade peach puree, peach bitters and Mionetto Prosecco.

Hosted by Cindi Leive, the magazine's editor-in-chief, the soiree featured dishes like roasted octopus salad with potatoes, Taggiasche olives and salsa verde, and beef tenderloin tagliata with arugula.

Deschanel's New Girl costars Hannah Simone and Lamorne Morris were also in attendance.



– Jennifer Garcia
Read More..

Sex to burn calories? Authors expose obesity myths


Fact or fiction? Sex burns a lot of calories. Snacking or skipping breakfast is bad. School gym classes make a big difference in kids' weight.


All are myths or at least presumptions that may not be true, say researchers who reviewed the science behind some widely held obesity beliefs and found it lacking.


Their report in Thursday's New England Journal of Medicine says dogma and fallacies are detracting from real solutions to the nation's weight problems.


"The evidence is what matters," and many feel-good ideas repeated by well-meaning health experts just don't have it, said the lead author, David Allison, a biostatistician at the University of Alabama at Birmingham.


Independent researchers say the authors have some valid points. But many of the report's authors also have deep financial ties to food, beverage and weight-loss product makers — the disclosures take up half a page of fine print in the journal.


"It raises questions about what the purpose of this paper is" and whether it's aimed at promoting drugs, meal replacement products and bariatric surgery as solutions, said Marion Nestle, a New York University professor of nutrition and food studies.


"The big issues in weight loss are how you change the food environment in order for people to make healthy choices," such as limits on soda sizes and marketing junk food to children, she said. Some of the myths they cite are "straw men" issues, she said.


But some are pretty interesting.


Sex, for instance. Not that people do it to try to lose weight, but claims that it burns 100 to 300 calories are common, Allison said. Yet the only study that scientifically measured the energy output found that sex lasted six minutes on average — "disappointing, isn't it?" — and burned a mere 21 calories, about as much as walking, he said.


That's for a man. The study was done in 1984 and didn't measure the women's experience.


Among the other myths or assumptions the authors cite, based on their review of the most rigorous studies on each topic:


—Small changes in diet or exercise lead to large, long-term weight changes. Fact: The body adapts to changes, so small steps to cut calories don't have the same effect over time, studies suggest. At least one outside expert agrees with the authors that the "small changes" concept is based on an "oversimplified" 3,500-calorie rule, that adding or cutting that many calories alters weight by one pound.


—School gym classes have a big impact on kids' weight. Fact: Classes typically are not long, often or intense enough to make much difference.


—Losing a lot of weight quickly is worse than losing a little slowly over the long term. Fact: Although many dieters regain weight, those who lose a lot to start with often end up at a lower weight than people who drop more modest amounts.


—Snacking leads to weight gain. Fact: No high quality studies support that, the authors say.


—Regularly eating breakfast helps prevent obesity. Fact: Two studies found no effect on weight and one suggested that the effect depended on whether people were used to skipping breakfast or not.


—Setting overly ambitious goals leads to frustration and less weight loss. Fact: Some studies suggest people do better with high goals.


Some things may not have the strongest evidence for preventing obesity but are good for other reasons, such as breastfeeding and eating plenty of fruits and vegetables, the authors write. And exercise helps prevent a host of health problems regardless of whether it helps a person shed weight.


"I agree with most of the points" except the authors' conclusions that meal replacement products and diet drugs work for battling obesity, said Dr. David Ludwig, a prominent obesity research with Boston Children's Hospital who has no industry ties. Most weight-loss drugs sold over the last century had to be recalled because of serious side effects, so "there's much more evidence of failure than success," he said.


___


Online:


Obesity info: http://www.cdc.gov/obesity/data/trends.html


New England Journal: http://www.nejm.org


___


Marilynn Marchione can be followed at http://twitter.com/MMarchioneAP


Read More..

Stock futures mixed, eyes on Facebook

PARIS (Reuters) - Stock futures pointed to a mixed open on Wall Street on Thursday, with futures for the S&P 500 down 0.04 percent, Dow Jones futures up 0.04 percent and Nasdaq 100 futures down 0.31 percent at 5:33 a.m. ET.


* Facebook Inc will be in the spotlight after it doubled its mobile advertising revenue in the fourth quarter, a sign that the No.1 social network is seeing early success in expanding onto handheld devices as more of its users migrate to smartphones and tablets.


* Investors await a flurry of earnings from big companies including Colgate-Palmolive , The Dow Chemical Company , MasterCard Inc , Time Warner Cable Inc. , United Parcel Service, Inc. , Viacom Inc. and Whirlpool Corp. .


* On the macro front, weekly jobless claims are due at 8:30 a.m. ET and Chicago PMI at 9:45 a.m. ET. European shares fell in morning trade after a mixed bag of earnings reports.


* Electronic Arts Inc slashed its fiscal 2013 earnings forecast after a weaker-than-expected holiday quarter marked by disappointing sales of its "Medal of Honor" title, as the industry struggles with flagging demand.


* ConocoPhillips reported a drop in quarterly profit as oil and gas prices weakened and output from the third-largest U.S. oil and gas producer remained steady compared with a year before, though it anticipated a likely decline in the first quarter.


* Citigroup Inc is looking to pull out of consumer banking in more countries in an effort to lower costs and boost profits, according to two people familiar with the matter.


* All Nippon Airways Co , the launch airline for Boeing Co's 787 Dreamliner jet that has been grounded with undiagnosed battery problems, said it lost more than $15 million in revenue from having to cancel Dreamliner flights this month.


* Skyworks Solutions Inc , a supplier to Apple Inc , forecast better-than-expected revenue for the traditionally slow second quarter, pushing its shares up almost 15 percent in extended trade.


* Casino operator Las Vegas Sands Corp , owned by billionaire Sheldon Adelson, on Wednesday posted lower-than- expected fourth-quarter earnings as weak results in Las Vegas dampened a strong performance in Asia.


* Qualcomm Inc , the world's leading supplier of chips for cellphones, reported quarterly earnings and revenue that beat Wall Street expectations and raised its financial targets for 2013 due to growing demand for smartphones and high-speed wireless services.


* U.S. stocks fell on Wednesday after the Federal Reserve said in its latest statement that economic growth had stalled but indicated the pullback was likely temporary.


* The Dow Jones industrial average <.dji> was down 44.00 points, or 0.32 percent, at 13,910.42. The Standard & Poor's 500 Index <.spx> was down 5.88 points, or 0.39 percent, at 1,501.96. The Nasdaq Composite Index <.ixic> was down 11.35 points, or 0.36 percent, at 3,142.31.


(Reporting by Blaise Robinson; editing by Patrick Graham)



Read More..

Myanmar Police Used Phosphorus on Protesters, Lawyers Say





BANGKOK — A group of lawyers investigating a violent crackdown in Myanmar that left Buddhist monks and villagers with serious burns has concluded that police used white phosphorus, a munition normally reserved for warfare, to disperse protesters.




The suppression in November of a protest outside a controversial copper mine in central Myanmar shocked the Burmese public after images of critically injured monks circulated across the country. It also gave rise to fears that the civilian government of President Thein Sein, which came to power in 2011, was using the same repressive methods as the military governments that preceded it.


Burmese attorneys together with an American human rights lawyer gathered evidence at the site of the protest, including a metal canister that protesters said was fired by the police. The canister was brought to a private laboratory in Bangkok, where a technician determined that residue inside it contained high levels of phosphorus. Access to the canister and a copy of the laboratory report were provided to a reporter.


“We are confident that they used a munition that contained phosphorus,” said U Thein Than Oo, the head of the legal committee of the Upper Burma Lawyers Network, which helped conduct the investigation. “They wanted to warn the entire population not to protest. They wanted to intimidate the people.”


White Phosphorus has many uses in war – as a smoke screen or incendiary weapon - but is rarely if ever used by police forces.


Reached on Wednesday, Zaw Htay, a director in the office of President Thein Sein, declined to comment on what kind of weapon was used. “I can’t say. I can’t answer,” he said.


John Hart, a senior researcher at the Chemical Weapons Program of the Stockholm International Peace Research Institute, said by e-mail that although white phosphorus is not considered a chemical weapon under a 1993 international convention, it is banned from uses that “cause death or other harm through the toxic properties of the chemical.”


One of the monks injured at the protest, U Tikhanyana, 64, has burns over 40 percent of his body and was flown to Bangkok by the government because Myanmar does not have the facilities to treat such a serious case.


Two months after the crackdown Mr. Tikhanyana remains in intensive care. In an interview on Wednesday in his hospital room, Mr. Tikhanyana described the moment that the police came to disperse the crowds in the pre-dawn hours of Nov. 29.


“I saw a fireball beside me and I started to burn,” he said. “I was rolling on the ground to try to put it out.”


Dr. Chatchai Pruksapong, a burn specialist treating Mr. Tikhanyana, said it appeared that the monk was seared with something “severely flammable.”


Mr. Tikhanyana’s wounds are similar to those he sees with soldiers injured by bomb blasts in Thailand’s southern insurgency.


“Tear gas would definitely not cause this kind of deep wound,” Dr. Chatchai said.


Myanmar government officials were initially quoted in the local news media as saying that police had thrown “smoke bombs” at protesters.


The canister found at the protest site appeared to have “smoke” stenciled on it and looks similar in appearance to smoke hand grenades once manufactured by the United States, said a security expert and former colonel in a European army who wanted to remain anonymous because he has dealings in Myanmar. Such smoke grenades emit burning particles within a radius of about 17 meters, he said.


Roger Normand, the American human rights lawyer who helped investigate the crackdown, said a report from the lawyers would be released “in the next few days.”


Mr. Normand arranged to have the canister brought to the Bangkok laboratory, which is run by ALS, an Australian company that specializes in testing samples for their chemical content.


In an interview, Mr. Normand said it was “unheard of” for “highly volatile and dangerous weapons” to be used by police. “This raises serious questions about who in the military chain of command could have given the order to use these weapons.”


The report prepared by Mr. Normand and the Burmese lawyers has been submitted to Daw Aung San Suu Kyi, the Nobel laureate and opposition leader, who was appointed by the government soon after the crackdown to lead a separate, official commission of inquiry. The precise mandate of the commission is unclear, as is the timing of the release of the commission’s findings.


The government initially announced the commission would report its work on Dec. 31 but that was delayed by a month. It may be further delayed because Ms. Aung San Suu Kyi is currently on a five-day visit to South Korea.


The controversy over the copper mine centers on the government’s attempt to relocate villagers in order to expand the mine, which is co-owned by a Chinese company and the Burmese military. The government ordered the dispersal of protesters after several months of intermittent demonstrations. The controversy received widespread coverage in the Myanmar media partly because land rights have become a major issue as the country opens up to the world.


But it is a measure of the villagers’ resolve that even after the violent crackdown they say they are refusing to back down. Aye Net, a villager who has helped lead the protest movement, said by telephone Wednesday that villagers were calling for “justice for all those wounded in the crackdown.”


“And we still want the total abolition of the project,” she said.


Wai Moe in Yangon and Poypiti Amatatham in Bangkok contributed reporting.


Wai Moe contributed reporting from Yangon and Poypiti Amatatham from Bangkok.



Read More..

RIM to debut new BlackBerry smartphones in a heavily hyped unveiling






NEW YORK, N.Y. – Following several delays and much anticipation, the new BlackBerry smartphones will be unveiled this morning in New York.


Research In Motion (TSX:RIM), the company behind the once dominant smartphones, is holding a splashy event in Manhattan to usher in the new devices, which were originally due for release last year.






The debut is expected to showcase the device as well as provide key launch details.


That will likely include its release date, which is expected in the next four to six weeks, the phone’s features and how much it will cost.


The company says the new BlackBerry will be released first in a touchscreen version, while a keypad alternative will follow in the weeks or months afterward.


The new phone launch is RIM’s attempt to regain its position in the highly competitive North American and European smartphone markets, which are now dominated by iPhone and Android devices.


While the first hurdles to overcome are the opinions of tech analysts and investor reaction, the true measure of success — actual sales of the phones — is still weeks away.


The BlackBerry has dramatically lost marketshare in recent years after a series of blunders.


Several network outages left customers without the use of the smartphones they had come to rely on, while the BlackBerry’s hardware hasn’t received a significant upgrade in years.


RIM chief executive Thorsten Heins has already offered a glimpse of some features on the new devices. They include BlackBerry Balance technology, which allows one phone to operate as both a business and personal device entirely separate from each other.


The new BlackBerry will also let users seamlessly shift between the phone’s applications like they’re flipping between pages on a desk.


In the coming weeks, RIM will launch an advertising blitz to promote the phones, including aggressive social media campaigning, which includes plugs from celebrities on their Twitter accounts, and a 30-second advertisement on the Super Bowl, the most watched television program of the year.


Gadgets News Headlines – Yahoo! News





Title Post: RIM to debut new BlackBerry smartphones in a heavily hyped unveiling
Url Post: http://www.news.fluser.com/rim-to-debut-new-blackberry-smartphones-in-a-heavily-hyped-unveiling/
Link To Post : RIM to debut new BlackBerry smartphones in a heavily hyped unveiling
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Charlize Theron Relaxes With a Girls' Dinner in West Hollywood















01/30/2013 at 06:00 AM EST



Charlize Theron shared dinner with a girlfriend at Tortilla Republic in West Hollywood on Monday.

Wearing a black blouse, blue jeans and high heels – while sporting her new short dark hair style – the Snow White and the Huntsman actress and her friend ordered up huarache hongos flatbread, housemade guacamole and jalapeño Margaritas.

Theron – who is mom to son Jackson – seemed to be enjoying her down time.

"She was relaxed and in a good mood," an onlooker tells PEOPLE.

– Jennifer Garcia


Read More..

Soldier with new arms determined to be independent


BALTIMORE (AP) — After weeks of round-the-clock medical care, Brendan Marrocco insisted on rolling his own wheelchair into a news conference using his new transplanted arms. Then he brushed his hair to one side.


Such simple tasks would go unnoticed in most patients. But for Marrocco, who lost all four limbs while serving in Iraq, these little actions demonstrate how far he's come only six weeks after getting a double-arm transplant.


Wounded by a roadside bomb in 2009, the former soldier said he could get by without legs, but he hated living without arms.


"Not having arms takes so much away from you. Even your personality, you know. You talk with your hands. You do everything with your hands, and when you don't have that, you're kind of lost for a while," the 26-year-old New Yorker told reporters Tuesday at Johns Hopkins Hospital.


Doctors don't want him using his new arms too much yet, but his gritty determination to regain independence was one of the chief reasons he was chosen to receive the surgery, which has been performed in the U.S. only seven times.


That's the message Marrocco said he has for other wounded soldiers.


"Just not to give up hope. You know, life always gets better, and you're still alive," he said. "And to be stubborn. There's a lot of people who will say you can't do something. Just be stubborn and do it anyway. Work your ass off and do it."


Dr. W.P. Andrew Lee, head of the team that conducted the surgery, said the new arms could eventually provide much of the same function as his original arms and hands. Another double-arm transplant patient can now use chopsticks and tie his shoes.


Lee said Marrocco's recovery has been remarkable, and the transplant is helping to "restore physical and psychological well-being."


Tuesday's news conference was held to mark a milestone in his recovery — the day he was to be discharged from the hospital.


Next comes several years of rehabilitation, including physical therapy that is going to become more difficult as feeling returns to the arms.


Before the surgery, he had been living with his older brother in a specially equipped home on New York's Staten Island that had been built with the help of several charities. Shortly after moving in, he said it was "a relief to not have to rely on other people so much."


The home was heavily damaged by Superstorm Sandy last fall.


"We'll get it back together. We've been through a lot worse than that," his father, Alex Marrocco, said.


For the next few months, Marrocco plans to live with his brother in an apartment near the hospital.


The former infantryman said he can already move the elbow on his left arm and rotate it a little bit, but there hasn't been much movement yet for his right arm, which was transplanted higher up.


Marrocco's mother, Michelle Marrocco, said he can't hug her yet, so he brushes his left arm against her face.


The first time he moved his left arm was a complete surprise, an involuntary motion while friends were visiting him in the hospital, he said.


"I had no idea what was going through my mind. I was with my friends, and it happened by accident," he recalled. "One of my friends said 'Did you do that on purpose?' And I didn't know I did it."


Marrocco's operation also involved a technical feat not tried in previous cases, Lee said in an interview after the news conference.


A small part of Marrocco's left forearm remained just below his elbow, and doctors transplanted a whole new forearm around and on top of it, then rewired nerves to serve the old and new muscles in that arm.


"We wanted to save his joint. In the unlucky event we would lose the transplant, we still wanted him to have the elbow joint," Lee said.


He also explained why leg transplants are not done for people missing those limbs — "it's not very practical." That's because nerves regrow at best about an inch a month, so it would be many years before a transplanted leg was useful.


Even if movement returned, a patient might lack sensation on the soles of the feet, which would be unsafe if the person stepped on sharp objects and couldn't feel the pain.


And unlike prosthetic arms and hands, which many patients find frustrating, the ones for legs are good. That makes the risks of a transplant not worth taking.


"It's premature" until there are better ways to help nerves regrow, Lee said.


Now Marrocco, who was the first soldier to survive losing all four limbs in the Iraq War, is looking forward to getting behind the wheel of his black 2006 Dodge Charger and hand-cycling a marathon.


Asked if he could one day throw a football, Dr. Jaimie Shores said sure, but maybe not like Baltimore Ravens quarterback Joe Flacco.


"Thanks for having faith in me," Marrocco interjected, drawing laughter from the crowd.


His mother said Marrocco has always been "a tough cookie."


"He's not changed that, and he's just taken it and made it an art form," Michelle Marrocco said. "He's never going to stop. He's going to be that boy I knew was going to be a pain in my butt forever. And he's going to show people how to live their lives."


___


Associated Press Chief Medical Writer Marilynn Marchione in Milwaukee and AP writer David Dishneau in Hagerstown, Md., contributed to this report.


Read More..

Euro surges to 14-month high, Fed decision awaited


LONDON (Reuters) - The euro hit its highest level in over a year on Wednesday and shares, oil and metals were also on the rise, as confidence in the global economic outlook strengthened ahead of European data and the U.S. Federal Reserve's latest policy decision.


The Fed is expected to maintain asset buying at $85 billion a month when it concludes its meeting later and retain its commitment to hold interest rates near zero until unemployment falls to at least 6.5 percent.


European economic confidence data for January at 1000 GMT, ECB crisis loan repayments and Italy's sale of five and 10-year bonds will absorb most of investors' attention before then, as they look for further evidence of a pick-up in the region.


Share markets in London, Paris and Frankfurt opened little changed ahead of the data, leaving all eyes on a rally by the euro as it broke above $1.35 for the first time since December 2011.


Alongside the recent rebound in confidence in the euro zone, one of the drivers behind the recent spike has been the eagerness of banks to repay the crisis loans they took from the European Central Bank just over a year ago.


"It (the euro rise) is just a carry on with the current trend, risk is pretty healthy and equities are doing well," said Bank of Tokyo Mitsubishi strategist Derek Halpenny.


"The danger is European policymakers allow a spike (in euro and market rates) as a result of a removal of one of the principle support measures ... With the Fed and the BOJ still easing the euro is clearly the path of least resistance."


An earlier rise in Asian equities meant the MSCI world share index was up 0.2 percent at a new 21-month high as European trading gathered pace. U.S. stock futures suggested a cautious start on Wall Street.


Strong U.S. housing data on Tuesday and China's promising economic growth forecast for 2013 also supported the upbeat mood and raised expectations for robust demand for fuel and industrial commodities, underpinning oil prices and lifting copper.


In the bond market, German Bund futures opened lower as investors made room for a sale of long-dated German paper and braced for solid demand at an Italian debt auction.


Italy will offer up to 6.5 billion euros of bonds maturing in 2017 and 2022. Traders expect the sale to benefit from yield-hungry investors but flagged the risk of indigestion after a bout of buying in recent months that triggered a sharp rally.


"(The auction) probably (goes) alright but I don't think it trades well afterwards," one trader said.


(Additional reporting by Ana Nicolaci da Costa; Editing by Giles Elgood)



Read More..

The Female Factor: Chinese Courts Turn a Blind Eye to Abuse







BEIJING — Before they married in 2009, Tan Yong admitted to Li Yan that he had beaten his three previous wives. He promised to change.




The promises didn’t last, said Li Dehuai, Ms. Li’s brother. Soon after the wedding, Mr. Tan began abusing his wife.


“He stubbed out cigarettes on her face and legs. He would take her hair and hit her head against the wall. He locked her on the balcony for hours in the winter,” said Mr. Li, speaking by telephone from Chongqing in southwestern China. The abuse went on for more than a year.


Today, Mr. Tan is dead, beaten to death by Ms. Li with the barrel of his air gun during an argument in November 2010, and Mr. Li is trying to save his sister’s life as she sits in a jail in Sichuan Province awaiting execution for murder. The case has caused an outcry among Chinese legal experts and feminists, who say it underscores the severe sentences often imposed on women who fight back, injuring or killing abusive husbands.


“Li Yan’s case tells people that extreme tragedy will happen if an abused woman cannot get effective help from the neighborhood committee, the women’s federation, the police,” said Feng Yuan, of the Anti-Domestic Violence Network, based in Beijing.


“When power cannot deliver justice, abused women will find their own way of achieving justice, sadly and wrongly,” Ms. Feng said.


Chinese law requires that a history of domestic abuse be considered in such cases. Ms. Li’s was especially gruesome: After killing her husband (which she confessed to early, asking a neighbor to call the police), she cut him up and boiled some of the parts. If that is hard to excuse, consider this, said Ms. Feng: She wasn’t in her right mind.


“There’s something called abused women’s syndrome, and she had it. A woman like that may lose her reason and lose control,” said Ms. Feng, one of hundreds of people petitioning the courts to retry Ms. Li, this time taking the abuse into proper consideration. This was not done the first time, making Ms. Li’s case a miscarriage of justice, they say.


Others who have joined the appeal include lawyers, deputies to the National People’s Congress and Amnesty International, which last week issued an urgent action call for the Chinese authorities not to execute Ms. Li. The sentence could be carried out any day now, activists say, probably before the Lunar New Year’s Eve on Feb. 9.


Women’s jails are filled with women who have injured or killed abusive husbands, according to the Anti-Domestic Violence Network, citing studies by local women’s federations and scholars. They account for 60 percent of inmates in one jail in Anshan, in Liaoning Province, and 80 percent of women serving heavy sentences in a jail in Fuzhou, in Fujian Province.


In a study by Xing Hongmei of China Women’s University, of 121 female inmates in a Sichuan jail who were serving time for attacking or killing abusive partners, 71 were originally sentenced to life in prison or to death (sometimes commuted, delayed or overturned on appeal), and 28 more were sentenced to at least 10 years. This means more than 80 percent received the heaviest possible sentences for murder or bodily harm, the study said.


For months before she killed Mr. Tan, Ms. Li sought help from the authorities in Anyue County, in Sichuan Province, where they lived, her brother said.


“She telephoned the police in, I think, May 2010, after a beating, but they said it was an affair between married people and hung up,” he said.


She went to her neighborhood committee. “They told her to go to the women’s association. The women’s association told her to go to the police. The police told her to go to the neighborhood committee,” and so it continued, he said. “She was sent from place to place and didn’t know what to do.”


Officials at the local justice department whom she asked about divorce told her that unless Mr. Tan agreed, she could be left destitute. She was better off tolerating the abuse, they advised.


There was some documentation of the abuse, including police photographs of injuries and a medical report after hospital treatment, said Mr. Li. But both the Sichuan court that sentenced her and the Supreme Court in Beijing, which reviews all death sentences — Mr. Li and activists say it upheld his sister’s sentence last week — failed to take this into account when sentencing her, Mr. Li said.


“We all hoped the court would recognize the torture she’d suffered in those years,” he said. “But it didn’t.”


“I know what my sister did was wrong, but since this happened, I have studied many cases of domestic abuse, and I know her situation is not uncommon,” he said.


He has not yet been able to tell their mother, or Ms. Li’s 18-year-old daughter from a previous marriage, that Ms. Li faces imminent execution.


“I think my niece knows, somehow,” he said. “But my mother couldn’t take it.”


Their father, who died last year, had worked in the same silk factory as Ms. Li and Mr. Tan, and had disliked the man from the start, Mr. Li said.


“He was so depressed at her situation,” he said. “I think he died of grief.”


Read More..

Anne Hathaway Says She 'Met A Lot of Bad Ones' Before Meeting Her Husband















01/29/2013 at 06:00 AM EST







Adam Shulman and Anne Hathaway


Christopher Polk/WireImage


Following the Screen Actors Guild Awards on Sunday, Anne Hathaway was feeling the love at an after party at the Four Seasons in Beverly Hills.

Hathaway – who won an Actor for her role in Les Misérables – was overheard saying, "I'm in a celebratory mood."

With a drink in her hand, Hathaway told friends that her engagement ring from husband Adam Shulman is her "prized possession" and that her wedding band "isn't bad either," an onlooker tells PEOPLE.

Hathaway – who, according to a source "was playing matchmaker all night" – was later overheard telling her friends that she "met a lot of bad ones" before meeting Shulman.

– Patrick Gomez


Read More..

Soldier talks about his new arms after transplant


BALTIMORE (AP) — A soldier who lost all four limbs in an Iraq roadside bombing has two new arms following a double transplant at Johns Hopkins Hospital.


Twenty-six-year-old Brendan Marrocco along with the surgeons who treated him will be at the Baltimore hospital on Tuesday to discuss the new limbs.


The transplants are only the seventh double-hand or double-arm transplant ever conducted in the United States.


The infantryman was injured by a roadside bomb in 2009. The New York City man also received bone marrow from the same dead donor. The approach is aimed at helping his body accept the new arms with minimal medication to prevent rejection.


The military is sponsoring operations like these to help wounded troops. About 300 have lost arms or hands in the wars.


Read More..

Stock index futures point to slightly lower start

LONDON (Reuters) - Stock index futures pointed to a slightly lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.1 percent.


Futures for the Dow Jones were flat, while contracts on the Nasdaq 100 shed 0.2 percent at 04.47 a.m. EST.


European shares edged up to hover near two-year highs, with strong earnings reports and a brightening economic outlook lifting sentiment, although technical factors could limit gains in the near term.


Yahoo Inc said it forecasts a modest uptick in revenue for the current year, sending shares in the Internet group 3 percent higher in after hours trade.


The second-largest U.S. automaker, Ford, is expected to report earnings per share of $0.26, up from $0.20 one year earlier, when it unveils fourth-quarter results at 1200 GMT. Ford, which is heavily reliant on its pickup trucks for profits, is bound to benefit from an uptick in construction this year.


Drugmaker Pfizer is expected to report EPS of $0.44, down from $0.50 in the previous year, on plunging U.S. sales of its Lipitor cholesterol drug - which is facing generic competition since November 2011 - and disappointing demand for its Prevnar vaccine against childhood infections.


Online retailer Amazon.com reports results for the holiday quarter. They were expected to show strong sales growth, tempered by little to no profit as the world's largest Internet retailer spent heavily on its Kindle mobile gadget platform, cloud computing service and its rapidly expanding chain of shipping warehouses.


Standard & Poor's releases its S&P Case/Shiller Home Price Index for November at 1400 GMT. Prices are expected to have continued their recovery, up 0.6 percent on a seasonally adjusted basis, pointing to a housing market that is mending.


The Conference Board releases January consumer confidence figures at 1500 GMT, expected to have fallen to 64 from 65.1. The market will be looking for any impact from the "fiscal cliff" debate or the payroll tax increases at the beginning of the year.


The Federal Reserve's Open Market Committee begins two days of meetings on interest rates. Traders speculated more solid U.S. growth indicators might see the Fed pull back on its aggressive easing stimulus, which has played a key role in fuelling an equity market rally since the second half of last year.


Elon Musk has long considered Tesla Motors Inc the bold, nimble answer to the auto industry's cautious culture. Now the electric car maker's top executive has extended his help to another industrial giant: Boeing Co .


Pentagon and industry officials said on Monday a manufacturing problem was the most likely cause of an engine failure that led to the grounding of all 25 Marine Corps versions of the Lockheed Martin Corp F-35 fighter jet 10 days ago.


The Dow Jones industrial average <.dji> closed down 14.05 points, or 0.10 percent, at 13,881.93 on Monday. The Standard & Poor's 500 Index <.spx> was down 2.78 points, or 0.18 percent, at 1,500.18. The Nasdaq Composite Index <.ixic> was up 4.59 points, or 0.15 percent, at 3,154.30.


(Reporting By Francesco Canepa; Editing by Catherine Evans)



Read More..

India Ink: One Delhi Gang Rape Suspect Is Ruled a Minor

NEW DELHI

The Indian Juvenile Justice Board ruled Monday that one suspect in the recent fatal gang rape of a young woman on a moving bus is officially a juvenile, which could result in a lenient sentence if he is found guilty of the crime.

The teenager, who school records show is 17 years old, could receive a maximum sentence of three years in a detention facility if found guilty. Five other men accused of the premeditated rape and killing of a 23-year old physiotherapy student on Dec. 16 could face life imprisonment or the death penalty if found guilty.

The December gang rape and the victim’s subsequent death of injuries sustained during the rape prompted widespread protests in India over the lack of safety and justice for women, and calls for the rapists to be executed.

Some criminal and legal experts expected the juvenile to be forced to undergo a bone ossification test, which is sometimes used to determine age in India where birth records are not always accurate. But the juvenile board’s ruling Monday makes that unlikely.

Read More..

Jennifer Lawrence Feeling Better Thanks to a 'Lot of Medication'









01/28/2013 at 07:00 AM EST



Jennifer Lawrence is on the mend.

The ailing Silver Linings Playbook starlet is finally feeling fine after a reported bout with pneumonia.

"I'm so much better," Lawrence, 22, told reporters backstage at Sunday's Screen Actors Guild Awards, where she won for lead female actor. "I'm a lot better. I've been on a lot of medication and got a really cool inhaler, so I'm doing much better."

The actress – who was "laying low all week," a source told PEOPLE – missed Saturday's Australian Academy of Cinema and Television Arts International Awards due to the illness, according to her costar Jacki Weaver.

"Poor Jen is really sick," Weaver reportedly said, after accepting an award for Lawrence. "She really is sick. She has pneumonia."

Read More..

CDC: Flu seems to level off except in the West


New government figures show that flu cases seem to be leveling off nationwide. Flu activity is declining in most regions although still rising in the West.


The Centers for Disease Control and Prevention says hospitalizations and deaths spiked again last week, especially among the elderly. The CDC says quick treatment with antiviral medicines is important, in particular for the very young or old. The season's first flu case resistant to treatment with Tamiflu was reported Friday.


Eight more children have died from the flu, bringing this season's total pediatric deaths to 37. About 100 children die in an average flu season.


There is still vaccine available although it may be hard to find. The CDC has a website that can help.


___


CDC: http://www.cdc.gov/flu/


Read More..

Futures flat, Caterpillar on tap to report


NEW YORK (Reuters) - Stock index futures were little changed on Monday, with investors reluctant to make big bets following a rally that took the S&P 500 above 1,500 for the first time in more than five years.


A strong start to the earnings season has boosted equities, with major averages rising for four straight weeks. The S&P has gained for eight straight days, its longest winning streak in eight years.


Over the past four weeks, the S&P has jumped 7.2 percent, suggesting markets may be vulnerable to a pullback if news disappoints.


Earnings will continue to be a primary focus, with Caterpillar Inc likely to be a market mover when it reports its latest quarterly financial results later on Monday. The heavy machinery maker could provide a clue into the state of the global industrial sector, which is closely tied to the pace of economic growth.


Yahoo Inc reports after the closing bell, and could face heightened expectations following strong results at Google Inc last week.


Thomson Reuters data through Friday showed that of the 147 S&P 500 companies that have reported earnings so far, 68 percent exceeded expectations. Since 1994, 62 percent of companies have topped expectations, while the average over the past four quarters stands at 65 percent.


S&P 500 futures rose 0.8 point and but were slightly below above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures added 7 points and Nasdaq 100 futures rose 0.2 point.


The S&P 500 closed at its highest since December 10, 2007, and the Dow ended at its highest since October 31, 2007.


Investors will also be looking to durable goods orders and pending home sales, both for December. Durable goods are due at 8:30 a.m. (1330 GMT) and are seen rising 1.8 percent. Pending home sales are seen rising 0.3 percent.


Last week, sales of new U.S. single-family homes fell in December but rose in 2012 to the highest level since 2009, a sign the U.S. housing market turned a corner last year.


Bargain hunters may look to Apple Inc for a bargain the first session after the tech giant lost its coveted title as the largest U.S. company by market capitalization to Exxon Mobil Corp . On Friday, Apple's market cap fell to $413 billion, down roughly $250 billion from its September peak. Apple's fall is about equal to the entire value of Google Inc .


U.S. stocks rose on Friday, lifted by strong results from such companies as Procter & Gamble . The rise put the S&P 500 about 4.1 percent away from its all-time closing high of 1,565.15 on October 9, 2007.


(Editing by W Simon)



Read More..