Tuesday, January 31, 2012

Neil Young: Steve Jobs listened to vinyl

(AP) ? Legendary rocker Neil Young took his campaign for higher-fidelity digital sound to the stage of a technology conference Tuesday, saying a giant of the industry was on his side: the late Steve Jobs.

Young said the Apple co-founder was such a fan of music that he didn't use his iPod and its digitally compressed files at home. Instead, he used a physical format well-known to have better sound.

"Steve Jobs was a pioneer of digital music. His legacy is tremendous," Young said. "But when he went home, he listened to vinyl (albums)."

Young told the "D: Dive Into Media" conference Tuesday that he spoke with Jobs about creating a format that has 20 times the fidelity of files in the most current digital formats, including MP3.

Such a format, he said, would contain 100 percent of the data of music as it is created in a studio, as opposed to 5 percent in compressed formats including Apple's AAC. Each song would be huge, and a new storage and playback device might only hold 30 albums. Each song would take about 30 minutes to download, which is fine if you leave your device on overnight, he said.

"Sleep well. Wake up in the morning. Play some real music and listen to the joy of 100 percent of the sound of music," he said.

Although Young didn't have a practical plan for developing such a format ? saying it's for "rich people" to decide ? he said Jobs was on board with the idea before he died from cancer at age 56 in October.

"I talked to Steve about it. We were working on it," Young said. "You've got to believe if he lived long enough he would eventually try to do what I'm trying to do."

Young's opinion of Jobs was confirmed by interviewer Walt Mossberg, a journalist with News Corp.'s All Things D website, which hosted Jobs at its conferences.

Mossberg said Jobs expressed surprise that "people traded quality, to the extent they had, for convenience or price."

An Apple Inc. spokesman declined to comment.

Young, a 66-year-old singer and songwriter, was full of other surprising opinions, including his defense of recording labels such as his own Reprise Records, a unit of Warner Music Group Corp., as being a nurturer of artists, even as he said recording companies had botched the transition to digital music.

Young also said that "piracy is the new radio," suggesting that illegally copying low-quality songs was an acceptable way for fans to sample music before buying higher-quality versions.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/495d344a0d10421e9baa8ee77029cfbd/Article_2012-01-31-Neil%20Young-Steve%20Jobs/id-227f09ab40924d0eb53af95f46f93520

peyton manning reba mcentire facebook ipo facebook ipo ferris bueller jackie robinson national signing day

Monday, January 30, 2012

Nigerian terror suspect's trial set for Oct. 1 (AP)

JOHANNESBURG ? A Nigerian terror suspect already jailed more than a year will remain in jail another eight months before his trial starts in South Africa, a judge ruled Monday.

Henry Okah's trial had been scheduled to start Monday. Instead of starting their arguments, prosecutor Shaun Abrahams and defense attorney Rudi Krause told Judge Geraldine Borchers they had agreed to ask for a postponement until Oct. 1. No reason was given, and the judge granted the request.

Okah, who was in court wearing a dark suit, took the news calmly. He has complained about conditions in jail and tried unsuccessfully to get judges to grant him bail in lengthy hearings over the last year.

Okah was arrested in South Africa, where he had been living for months, soon after deadly bombings in Nigeria's capital during Oct. 1, 2010 independence celebrations. He has denied involvement, and says he is not a member of the militant group the Nigerian government blames for bombings and widespread unrest in the delta.

Okah is being tried under South African anti-terror legislation. His government has not requested his extradition and its investigators are working with South African prosecutors in the Okah case.

Prosecutor Abrahams, speaking to reporters Monday, refused to say why he had requested the eight-month postponement. He said that trials for other suspects for the bombings had begun in Nigeria, and witnesses who were testifying in those proceedings may also testify in South Africa.

During earlier bail hearings, prosecutors presented evidence drawn from Okah's diaries and computer correspondence that they said bolstered accusations he masterminded the October bombings.

Nigerian officials say Okah leads the Movement for the Emancipation of the Niger Delta, which claimed responsibility for the bombings. The group known as MEND accuses Nigeria's government of failing to alleviate poverty in the delta, even though it is earning billions of dollars from the region's oil.

In 2008, Okah was arrested in Angola and extradited to Nigeria, where he was accused of treason and terrorism and linked to a gunrunning scandal involving high-ranking military officials. His arrest and trial sparked an escalation in MEND attacks. Charges against Okah were dropped and he was freed in July 2009 as part of the amnesty program.

The delta militants have destroyed oil pipelines, kidnapped petroleum company workers and fought government troops. The violence in the delta is unrelated to unrest in northern Nigeria, where an Islamist sect claimed coordinated attacks this month that killed at least 185 people.

Source: http://us.rd.yahoo.com/dailynews/rss/terrorism/*http%3A//news.yahoo.com/s/ap/20120130/ap_on_re_af/af_south_africa_nigeria_terror_suspect

zynga free shipping free shipping esophageal cancer marfan syndrome marfan syndrome britney spears engaged

Myanmar's Suu Kyi calls for changes to constitution (Reuters)

DAWEI, Myanmar (Reuters) ? Myanmar opposition leader Aung San Suu Kyi called on Sunday for changes to the military-drafted constitution in her first political trip since ending a boycott of the country's political system last year and announcing plans to run for parliament.

Thousands of people lined the roads shouting "Long live mother Suu" as her motorcade moved through the rural coastal region of Dawei about 615 km (380 miles) south of her home city,

Yangon, the main business centre.

The trip, only her fourth outside Yangon since her release from years of house arrest in November 2010, demonstrates the increasingly central role of the Nobel Peace Prize laureate as the Southeast Asian state emerges from half a century of isolation.

"There are certain laws which are obstacles to the freedom of the people and we will strive to abolish these laws within the framework of the parliament," Suu Kyi said to cheers from supporters after meeting officials of her National League for Democracy (NLD) party in Dawei.

The NLD, though well known in the country, has had limited real political experience. It won by a landslide a 1990 election, a year after Suu Kyi began a lengthy period of incarceration, but the then regime ignored the result and detained many party members and supporters.

The NLD boycotted the next election, held in 2010 and won by a military-backed party after opposition complaints of rigging.

Her address on Sunday offered the most extensive detail yet of the policies she would bring to parliament.

In particular, she said she wanted to revise a 2008 army-drafted constitution that gives the military wide-ranging powers, including the ability to appoint key cabinet members, take control of the country in a state of emergency and occupy a quarter of the seats in parliament.

"We need to amend certain parts of the constitution," she said, adding the international community was poised to help Myanmar "once we are on an irreversible road to democracy."

She also said fighting between government soldiers and ethnic minority rebels had to be resolved. There has been heavy fighting recently in Kachin state but rebellions have simmered in many other regions since independence from Britain in 1948.

"Diversity is not something to be afraid of, it can be enjoyed," Suu Kyi said.

Although she has not started to campaign formally for the April 1 by-elections, the speech outside her office to supporters waving party flags and wearing T-shirts showing her face felt like a campaign stop.

"She's becoming more and more explicitly political and talking about the importance of policies," said a diplomat in the crowd. "I think it is the best speech I have heard from her."

"GREAT TRANSFORMATION"

Suu Kyi and her allies are contesting 48 seats in various legislatures including the 440-seat lower house in by-elections that could give political credibility to Myanmar and help advance the end of Western sanctions.

Business executives, mostly from Asia, have swarmed into Yangon in recent weeks to hunt for investment opportunities in the country of an estimated 60 million people, one of the last frontier markets in Asia.

Myanmar is also at the centre of a struggle for strategic influence as the United States sees a chance to expand its ties there and balance China's fast-growing economic and political sway in the region.

The visit to Dawei gives rural voters a rare glimpse of 66-year-old Suu Kyi, a symbol of defiance whose past trips outside Yangon were met with suspicion and violence by the former junta, which handed power to a nominally civilian parliament in March.

But many of the same generals who dominated the junta now lead a government on a dramatic reform drive, freeing hundreds of political prisoners, loosening media controls, calling for peace with ethnic insurgents and openly engaging with Suu Kyi and other opposition figures.

As a result, this trip was very different to one last July to Bagan, north of Yangon, where she was trailed by undercover police and kept a low profile, fearful of a repeat of an attack on her motorcade in 2003 in which 70 supporters were killed.

Suu Kyi told the World Economic Forum in Davos last week that Myanmar had not yet reached its "great transformation," but the elections in April could bring that point closer.

Many believe the turning point for Suu Kyi came on August 19, when she and President Thein Sein met in the capital, Naypyitaw. The president has since repeatedly urged parliament to pursue reforms, while Suu Kyi has voiced support for his government.

Many Burmese speculate that a senior government role, possibly even a cabinet post, awaits Suu Kyi, the daughter of assassinated independence hero General Aung San.

But to get there, much work lies ahead.

Her party has limited resources. Its headquarters are cramped and crumbling. Its senior ranks are filled with ageing activists. And there are questions over how much influence it can wield in a year-old parliament stacked with military appointees and former generals.

Her supporters, however, say her presence would bring a powerful pro-democracy voice to a chamber where many members remain reluctant to speak their mind.

"She will be able to do more inside the parliament than if she remained on the outside. There are some crucial things to do urgently concerning ethnic issues and political changes," said Ko Htin Kyaw, a dissident who was arrested in 2007 and freed in an amnesty this month.

(Additional reporting by Aung Hla Tun; Editing by Robert Birsel)

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/nm/20120129/wl_nm/us_myanmar_suukyi

loretta lynn gene kelly zoe saldana andrew bailey zooey deschanel and joseph gordon levitt debra messing ayaan hirsi ali

Sunday, January 29, 2012

Up to 10 months to remove capsized cruise ship

Italian Financial police scuba divers sale around the grounded cruise ship Costa Concordia off the Tuscan island of Giglio, Italy, Friday, Jan. 27, 2012. Costa Crociere SpA offered uninjured passengers ?11,000 ($14,460) apiece to compensate them for lost baggage and the psychological trauma they suffered after their cruise ship ran aground and capsized off Tuscany. But some passengers are already refusing to accept the deal, saying they can't yet put a figure on the costs of the trauma they endured. Costa announced the offer after negotiations with consumer groups who say they are representing 3,206 passengers from 61 countries who suffered no physical harm when the massive Costa Concordia cruise ship hit a reef on Jan. 13. In addition to the lump-sum indemnity, Costa, a unit of the world's biggest cruise operator, the Miami-based Carnival Corp., also said it would reimburse uninjured passengers the full costs of their cruise, their return travel expenses and any medical expenses they sustained after the grounding. (AP Photo/Pier Paolo Cito)

Italian Financial police scuba divers sale around the grounded cruise ship Costa Concordia off the Tuscan island of Giglio, Italy, Friday, Jan. 27, 2012. Costa Crociere SpA offered uninjured passengers ?11,000 ($14,460) apiece to compensate them for lost baggage and the psychological trauma they suffered after their cruise ship ran aground and capsized off Tuscany. But some passengers are already refusing to accept the deal, saying they can't yet put a figure on the costs of the trauma they endured. Costa announced the offer after negotiations with consumer groups who say they are representing 3,206 passengers from 61 countries who suffered no physical harm when the massive Costa Concordia cruise ship hit a reef on Jan. 13. In addition to the lump-sum indemnity, Costa, a unit of the world's biggest cruise operator, the Miami-based Carnival Corp., also said it would reimburse uninjured passengers the full costs of their cruise, their return travel expenses and any medical expenses they sustained after the grounding. (AP Photo/Pier Paolo Cito)

View of the bow of the grounded cruise ship Costa Concordia off the Tuscan island of Giglio, Italy, Friday, Jan. 27, 2012. Costa Crociere SpA offered uninjured passengers ?11,000 ($14,460) apiece to compensate them for lost baggage and the psychological trauma they suffered after their cruise ship ran aground and capsized off Tuscany. But some passengers are already refusing to accept the deal, saying they can't yet put a figure on the costs of the trauma they endured. Costa announced the offer after negotiations with consumer groups who say they are representing 3,206 passengers from 61 countries who suffered no physical harm when the massive Costa Concordia cruise ship hit a reef on Jan. 13. In addition to the lump-sum indemnity, Costa, a unit of the world's biggest cruise operator, the Miami-based Carnival Corp., also said it would reimburse uninjured passengers the full costs of their cruise, their return travel expenses and any medical expenses they sustained after the grounding. (AP Photo/Pier Paolo Cito)

Italian firefighters approach the grounded cruise ship Costa Concordia off the Tuscan island of Giglio, Italy, Friday, Jan. 27, 2012. Costa Crociere SpA offered uninjured passengers ?11,000 ($14,460) apiece to compensate them for lost baggage and the psychological trauma they suffered after their cruise ship ran aground and capsized off Tuscany. But some passengers are already refusing to accept the deal, saying they can't yet put a figure on the costs of the trauma they endured. Costa announced the offer after negotiations with consumer groups who say they are representing 3,206 passengers from 61 countries who suffered no physical harm when the massive Costa Concordia cruise ship hit a reef on Jan. 13. In addition to the lump-sum indemnity, Costa, a unit of the world's biggest cruise operator, the Miami-based Carnival Corp., also said it would reimburse uninjured passengers the full costs of their cruise, their return travel expenses and any medical expenses they sustained after the grounding. (AP Photo/Pier Paolo Cito)

(AP) ? The cruise ship that capsized off Italy's coast will take up to 10 months to remove, officials said Sunday, as rough seas off the Tuscan coast forced the suspension of recovery operations.

Officials called off both the start of operations to remove of 500,000 gallons of fuel and the search for people still missing after determining the Costa Concordia had moved four centimeters (an inch and a half) over six hours, coupled with waves of more than one meter (three feet).

A 17th body, identified as Peruvian crew member Erika Soria Molina, was found Saturday. Sixteen crew and passengers remain listed as missing, with one body recovered from the ship not yet identified.

Officials have virtually ruled out finding anyone alive more than two weeks after the Costa Concordia hit a reef, but were reluctant to give a final death toll for the Jan. 13 disaster. The crash happened when the captain deviated from his planned route, creating a huge gash that capsized the ship. More than 4,200 people were on board.

"Our first goal was to find people alive," Franco Gabrielli, the national civil protection official in charge of the operation, told a daily briefing. "Now we have a single, big goal, and that is that this does not translate into an environmental disaster."

University of Florence professor Riccardo Fanti said the ship's movements could either be caused by the ship settling on its own weight, slipping deeper into the seabed, or both. He also could not rule out the ship's sliding along the seabed.

Gabrielli noted that the body of a man recovered from the ship remains unidentified, despite efforts to obtain DNA samples from all of the missing, meaning that officials cannot preclude that the deceased is someone unknown to authorities. Costa has said that it runs strict procedures that would preclude the presence of any unregistered passengers.

Experts have said it would take 28 days to remove fuel from 15 tanks accounting for more than 80 percent of all fuel on board the ship. The next job would be to target the engine room, which contains nearly 350 cubic meters of diesel, fuel and other lubricants, Gabrielli said.

Only once the fuel is removed can work begin on removing the ship, either floating it in one piece or cutting it up and towing it away as a wreck. Costa has begun the process for taking bids for the recovery operation, a process that will take two months.

Gabrielli said the actual removal will take from seven to 10 months ? meaning that the wreck will be visible from the coast of the island of Giglio for the entire summer tourism season.

Residents of Giglio have been circulating a petition to demand that officials provide more information on how the full-scale operations can coexist with the important tourism season. At the moment, access to the port for private boats has been banned and all boats must stay at least one mile (1.6 kilometers) from the wrecked ship, affecting access to Giglio's only harbor for fishermen, scuba divers and private boat owners.

"We are really sorry, we would have preferred to save them all. But now other needs and other problems arise," said Franca Melils, a local business owner who is promoting a petition for the tourist season. "It's about us, who work and make a living exclusively from tourism. We don't have factories, we don't have anything else."

___

Colleen Barry reported from Milan.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-01-29-EU-Italy-Ship-Aground/id-a45f3d989e8543c6b8145f0e090c7a68

mendenhall demarcus cousins mount rainier savannah brinson ohio state football michigan state michigan state

FDA Clears Drug For Advanced Kidney Cancer ? CBS Dallas / Fort ...

WASHINGTON (AP) ? Patients with hard-to-treat kidney cancer that has spread to other parts of the body gained a new drug option Friday, after federal regulators approved a twice-a-day pill from Pfizer for the disease.

The Food and Drug Administration approved the company?s drug Inlyta as a secondary option for patients with renal cell carcinoma that hasn?t responded to previous drug treatments. Renal cell carcinoma is the most common form of kidney cancer, with an estimated 61,000 people in the U.S. newly diagnosed last year, according to the National Cancer Institute. Only about 11 percent of patients with advanced kidney cancer survive five years or more after diagnosis.

Like other recent cancer drugs, Inlyta works by blocking proteins that promote tumor growth and cancer progression.

The market for kidney cancer drugs has grown increasingly crowded in recent years, with six other new drugs approved in the last six years, including Roche?s Avastin and GlaxoSmithKline?s Votrient. Pfizer?s drug is only the second to be designated as a backup, or second-line, treatment after other kidney cancer drugs have been prescribed. Pfizer is also conducting studies of the drug as a first-line option against kidney cancer.

?This is the seventh drug that has been approved for the treatment of metastatic or advanced kidney cell cancer since 2005,? said Dr. Richard Pazdur, FDA?s cancer drug director, in a statement. ?Collectively, this unprecedented level of drug development within this time period has significantly altered the treatment paradigm.?

The FDA approved the drug based on a single study in which patients on Inlyta, known chemically as axitinib, experienced two more months without their cancer worsening than patients taking Nexavar, a drug from Bayer and Onyx Pharmaceuticals.

The most common side effects with Inlyta included diarrhea, high blood pressure, fatigue, nausea, weight loss and decreased appetite, among others.

About 13,000 people in the U.S. die of advanced kidney cancer each year, according to the American Cancer Society.

?Even with the advent of targeted therapies, the need remains for additional options for patients with advanced renal cell carcinoma whose disease has progressed following first-line medications,? Pfizer Senior Vice President Dr. Mace Rothenberg said in a statement.

Shares of New York-based Pfizer Inc. fell 12 cents to $21.51 in afternoon trading.

(? Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Source: http://dfw.cbslocal.com/2012/01/27/fda-clears-drug-for-advanced-kidney-cancer/

mike rowe ron artest deion sanders shld 2012 sec football schedule medifast miami heat

Saturday, January 28, 2012

Personal Finance Software - Which One is Optimal? | Free Videos ...

People who start using personal finance software are often surprised at how easy to use it is, and how it helps them keep track of their household budget. However, there are some programs that are better than other ones so be careful as you choose the one that does everything you need it to do. You can track an investment portfolio, download a financial software from the web or even use one that is entirely web based if you are comfortable enough to do this, the choice is yours. In this article we?ll be taking a look at some personal finance software programs and ways to choose the best one for you.

It doesn?t matter what you are explicit financial aims are, it is evident you desire personal finance software that will make your life easier. On the other hand, if you use it in the approved manner, it can do more than just automate duties that you?d otherwise have to figure out on your own. It can benefit you in enhancing your financial circumstances by letting you see up close what is happening. You can have on the spot access to all the pertinent numbers, for example your expenses, income, bills, bank accounts and investments. So if you buy a personal finance program, make sure you make full use of it so you can enjoy the real advantages it offers.

The Mvelopes Personal Budgeting System is designed for users who wish to be able to access their software on the Internet This personal finance system helps you reduce your expenses by aiding in you in setting up and sticking to a budget. Mvelopes is designed to analyze and identify your different financial transactions and thereby helps you save money. This web based tool is recommended if you mainly want software that helps you manage your budget. For those who wish to also track investments though, a better investment for you would be Quicken or Microsoft Money

If you are looking for a robust budgeting and money marketing software then a simple choice is Quicken Starter Edition 2011. If you are looking to gain control over your personal finances then this software, designed by Quicken one of the best known names in financial software, then this is the edition for you. Track you bank accounts and credit cards easily along with maintaining your household budget. Never have a late fee again, with the convenient bill reminder. It?s even set up to work with Turbo Tax, so you can just export your data to this service to file your taxes. Quicken Starter Edition 2011 was created to be simple to use, and there?s a guided setup feature to get you started quickly. Quicken Deluxe is available, though for those who need something more advanced Personal finance software are available in a plethora of forms, from software you download, to online services to phone apps. Bunches of these programs are rather authoritative and valuable if you spend the time acquiring knowledge of all their elements. The programs we?ve talked about in this article are the ones you might discover are valuable, although you should check out many of them to discover which one has everything you require. Personal finance software can help you understand your finances better, and this can put you at ease.

There is more content available on repair your credit there?s plenty of points not covered in this article, take a look at Author?s web blog to uncover supplementary details.

Source: http://www.freevideosinfos.com/2012/01/personal-finance-software-which-one-is-optimal/?utm_source=rss&utm_medium=rss&utm_campaign=personal-finance-software-which-one-is-optimal

national coffee day paw paw paw paw baltimore orioles rosh hashanah rosh hashanah amanda palmer

Mint Competitor And Personal Finance Platform HelloWallet Raises ...

Leena Rao currently works as a writer for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney???s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... ? Learn More

HelloWallet, a personal finance software, has raised $12 million in Series B funding from Morningstar and TD Fund. The startup previously raised $9 million in Series A funding, from Grotech Ventures and AOL co-founder Steve Case?s VC fund Revolution Ventures.

HelloWallet, which launched last year, helps users track and proactively manage their personal finances from both the web and mobile. But HelloWallet aims to be a full-service financial advisor, and looks forward to proactively uncover savings opportunities and potential threats for its members.

Additionally, HelloWallet does not allow banks to advertise or promote products, so its recommendations claim to be untouched by any business interests. The startup plans to use the fund to further product development and build out its businesses development team.

HelloWallet?s team of consumer finance experts have developed a platform that helps users set and reach specific financial short- and long-term goals for important life milestones including buying a home, saving for retirement, reducing debt safely, and saving for college.

For example, HelloWallet stores tuition information for nearly every college and university across the country, and models the tuition out to a users? expected enrollment date. The service is then able to make specific recommendations for the best approach to educational savings, on an individual basis.

The company has sold more than 300,000 subscriptions since it launched its enterprise application in mid-2011. During this same period, HelloWallet?s personalized financial guidance has helped its average members increase their monthly savings contributions by more than 80 percent, creating about $350 in extra savings contributions every month per person.

The new funding will be used to expand its client base.


HelloWallet is an independent, online financial guidance service for workers founded by former Brookings Institution scholar Matt Fellowes. HelloWallet is primarily distributed through Fortune 500 and other employers as a workplace benefit. HelloWallet helps workers improve their overall household finances by ???finding the money??? to boost their contributions to retirement savings and reduce debt. Retirement plan providers also provide the service to help workers improve their personal finances. HelloWallet???s independence comes from the fact that it receives no commissions...

Learn more

Source: http://techcrunch.com/2012/01/26/mint-competitor-and-personal-finance-platform-hellowallet-raises-12m-from-morningstar/

fun fun fun fest fun fun fun fest move your money robert schuller guy fawkes day stevie williams steve williams

Friday, January 27, 2012

Florida Republican debate in Jacksonville | Live updates (Washington Post)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories News, RSS Feeds and Widgets via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/192052034?client_source=feed&format=rss

storage auctions storage auctions les miles les miles beyonce dance for you video beyonce dance for you video asu football

The bumbling jihadi? Alleged terror backer guessed FBI was listening.

An Uzbekistan man living in Denver has been charged with supporting an overseas terror group. At one point, court documents show, he openly cursed the FBI agents he assumed were listening to his phone call with an apparent terrorist contact.

An Uzbekistan man living in Denver has been charged with attempting to provide material support to a militant Islamic group in his home country.

Skip to next paragraph

Jamshid Muhtorov was arrested Saturday at Chicago?s O?Hare International Airport prior to boarding a Polish Airlines flight to Istanbul.

Federal agents suspect Mr. Muhtorov was on his way to volunteer for a mission or missions to help the Islamic Jihad Union, an Uzbekistan-based militant group seeking to establish a government based on Islamic law.

Court documents filed in the case read at times more like a slapstick comedy than a deadly serious terror operation. The suspect and an alleged overseas terror contact overuse the word ?wedding? as a code word, and at one point jointly curse the FBI agents who they believe ? correctly ? are monitoring their every utterance.

At one point, Muhtorov?s wife threatens to take their children from Denver and go live with her mother ? in Kygyzstan.

When he tells her she must choose between her mother or him, she accuses him of choosing the alleged mission in Turkey over his wife and children.

Ultimately, the seriousness of the case is crystal clear. Last summer, according to an FBI affidavit, Muhtorov ?told his young daughter that he would never see her again; but, if she was a good Muslim girl, he will see her in heaven.?

The Islamic Jihad Union (IJU) has claimed responsibility for suicide-type bombings, including simultaneous attacks in July 2004 on the US and Israeli embassies and the Uzbekistani Prosecutor General?s Office in Tashkent.

The group was tied to a foiled bomb plot in Germany in September 2007 and has claimed responsibility for attacks in 2008 and 2009 against US and other coalition forces in Afghanistan.

The IJU is believed to have trained with and provided support to Al Qaeda. It has been listed since 2005 as a US-designated terror group.

According to court documents, federal agents have been watching Muhtorov for the past year after he contacted the administrator of a pro-IJU website.

They have also been monitoring his e-mail contacts with someone code named ?Abu Muhammad,? who officials suspect is an IJU facilitator.

In March 2011, three days after an e-mail exchange between Muhtorov and Abu Muhammad, Muhtorov received a telephone call from someone identified in court documents only as ?a known associate.?

Muhtorov told the associate that the ?wedding house? sends greetings. He read the associate a suspected message from the IJU, referring to the group as ?our guys over there.?

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/tl--fYsYfSw/The-bumbling-jihadi-Alleged-terror-backer-guessed-FBI-was-listening

stuffing recipe happy thanksgiving dwts cnn debate kennedy assassination kennedy assassination jfk assassination

Thursday, January 26, 2012

France arrests breast implant boss amid scare

The former head of a French company at the center of a breast implant scandal affecting tens of thousands of women worldwide has been arrested in southeast France.

Jean-Claude Mas, who founded and ran the now-defunct French company Poly Implant Prothese, was detained Thursday as part of a judicial investigation in the southeastern city of Marseille into manslaughter and involuntary injuries, an official close to the investigation said.

So far no specific defendant has been named. The official spoke on condition of anonymity, because the case is in the hands of judicial investigators.

Investigating judge Annaick Le Goff opened the probe after a woman filed a lawsuit in the wake of the 2010 death from cancer of her daughter who had received a suspect implant.

As many as 3,000 other complaints by other alleged victims have been taken into account.

The implants have been removed from the marketplace in several countries in and beyond Europe amid fears they could rupture and leak silicone into the body.

"This is a comfort for the victims," said Laurent Gaudon, whose clients accuse PIP and surgeons who used its implants of fraud.

"It's the feeling that justice is advancing and they have not been forgotten. It's the assurance that the guilty are at last going to be held accountable," Gaudon added.

Philippe Courtois, who represents a group of 1,300 people with PIP implants, said it was vital Mas was not allowed to flee justice.

"A degree of provisionary detention is desirable," he said.

  1. Only on msnbc.com

    1. USDA mandates healthier school lunches
    2. Egyptians see remarkable year not living up to potential
    3. American hostage in Somalia freed in US Navy raid
    4. Obama signals re-election message with State of the Union
    5. 'Tacos' comment in profiling case draws outrage
    6. Witchcraft in London? Tragically, it happens
    7. Dispute over additive limits US meat exports

Mas, who sold some 300,000 implants around the world, has acknowledged that he had used unapproved silicone but dismissed fears that it constituted a health risk.

Video: A divide on faulty breast implants (on this page)

Mas is also on Interpol's most-wanted list, but the international police agency said its "red notice" was issued in June at the request of Costa Rica, where he faces a drunken driving charge.

Mas, 72, was detained shortly before dawn during a search of a residence in the Mediterranean coastal town of Six Fours Les Plages, a police official, who also spoke on condition of anonymity, said.

A secretary at the office of Mas' defense lawyer Yves Haddad said the lawyer ? who was with Mas during police questioning ? was not immediately available for comment.

Silicone more rupture-prone
Authorities worldwide have been scrambling to strike a proper public response to the scandal ? notably concerning who will pay to remove the implants ? made with cheap, industrial-grade silicone instead of medical-grade gel ? or if the implants need to invariably come out.

European governments have taken different positions: German, Czech and French authorities say the implants should be removed, while Britain says there is not enough evidence of health risks to suggest they should be taken out in all cases.

On Wednesday, health authorities in Brazil said the government will fine private health plans that refuse to pay for the removal and replacement of faulty breast implants sold by PIP and a Dutch company.

A lawyer for Mas said in a statement earlier this month that his client, who ran PIP until it was closed in March 2010, would not speak publicly on the case.

The scandal has put pressure on French health authorities for allegedly not doing enough to vet the quality of a product used by untold thousands of women both in France and abroad.

France's Health Safety Agency has said the suspect implants ? just one type of implants made by PIP ? appear to be more rupture-prone than other types. Investigators say PIP sought to save money by using industrial silicone, whose potential health risks are not yet clear.

PIP's website said the company had exported to more than 60 countries and was one of the world's leading implant makers. The silicone-gel implants in question are not sold in the United States.

According to estimates by national authorities, over 42,000 women in Britain received the implants, more than 30,000 in France, 9,000 in Australia and 4,000 in Italy. Nearly 25,000 of the implants were sold in Brazil.

The Associated Press and Reuters contributed to this report.

Source: http://www.msnbc.msn.com/id/46144725/ns/world_news-europe/

boston news matilda new jersey weather halloween movies halloween movies new york snow new york snow

Wednesday, January 25, 2012

O2 data breach potentially shares your cellphone number with the world

O2 data breach potentially shares your cellphone number with the world
There's an alarming rumor circulating that suggests that UK network O2 forwards your phone number to any website visited on a smartphone. Lewis Peckover built a site that displays the header data sent to sites you visit, finding a network-specific field called "x-up-calling-line-id" which displayed his number. Angry users who tested the site have flooded the company's official Twitter, which is currently responding with:

"Security is our top most priority, we're investigating this at the moment & will come back with more info as soon as we can."

The Next Web confirmed that Orange, T-Mobile and Vodafone numbers are unaffected by the issue, but GiffGaff and Tesco Mobile (both MVNOs that operate on the same network) do. TNW's sources say it's most likely an internal testing setup, while Mr. Peckover suggests it's because the network transparently proxies HTTP traffic, using the number as a UID.

Update: We received confirmation from O2, who said that it was "investigating with internal teams and it's our top priority." Slashgear and Think Broadband were unable to replicate the problem, but in our tests (pictured) it was sharing our data with the site.

O2 data breach potentially shares your cellphone number with the world originally appeared on Engadget on Wed, 25 Jan 2012 04:54:00 EDT. Please see our terms for use of feeds.

Permalink The Next Web  |  sourceLewis Peckover  | Email this | Comments


Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/8DLBCbUJnH4/

bain capital marines urinating manny ramirez haley barbour olivier martinez ford recalls peoples choice awards 2012

Penn State Coach Bill O'Brien Issues Statement After Death Of Joe Paterno

STATE COLLEGE, Pa. -- Penn State's football coach says following Joe Paterno in the job is an honor.

Bill O'Brien said in a statement Sunday after Paterno died that the school and all college football have suffered a great loss.

Paterno, who won more games than any other major college coach, was fired in November in the midst of a child sex abuse scandal that centered on a retired Penn State assistant coach. The school hired O'Brien, the New England Patriots offensive coordinator, this month.

He says Penn State is one of the game's iconic programs because "it was led by an icon in the coaching profession."

He also offers condolences to Paterno's family on behalf of the team.

"; var coords = [-5, -72]; // display fb-bubble FloatingPrompt.embed(this, html, undefined, 'top', {fp_intersects:1, timeout_remove:2000,ignore_arrow: true, width:236, add_xy:coords, class_name: 'clear-overlay'}); });

Source: http://www.huffingtonpost.com/2012/01/22/penn-state-coach-bill-obrien-statement-joe-paterno-dead_n_1222047.html

michael jackson autopsy michael jackson autopsy liberace liberace repudiate avengers joost

Tuesday, January 24, 2012

BlackBerry maker co-CEOs step down (AP)

TORONTO ? BlackBerry maker Research in Motion'co-CEOs, Jim Balsillie and Mike Lazaridis, announced Sunday they are stepping down from the once-iconic company that has struggled to compete in recent years.

The pair who founded RIM will be replaced by Thorsten Heins, a chief operating officer who joined RIM four years ago from Siemens AG, RIM said.

Balsillie and Lazaridis have headed Waterloo, Ontario-based RIM together for the past two decades.

"There comes a time in the growth of every successful company when the founders recognize the need to pass the baton to new leadership. Jim and I went to the board and told them that we thought that time was now," Lazaridis said in a statement.

The Canadian company has suffered a series of setbacks and has lost tens of billions in market value. A company that was worth more than $70 billion a few years ago now has a market value of $8.9 billion.

RIM said last month that new phones deemed critical to the company's future will be delayed until late 2012. And its PlayBook tablet, RIM's answer to the Apple iPad, failed to gain consumer support, forcing the company to give it deep discounts to move the devices off store shelves.

A widespread outage also frustrated tens of millions of BlackBerry users in October.

Lazaridis will take on a new role as vice chairman of RIM's board and chairman of the board's new innovation committee. Balsillie remains a member of the board.

"I agree this is the right time to pass the baton to new leadership, and I have complete confidence in Thorsten, the management team and the company," Balsillie said in the statement. "I remain a significant shareholder and a director and, of course, they will have my full support."

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

winston churchill winston churchill arkham city conjugated linoleic acid world series schedule pat buchanan susan sarandon

Google's 4Q lobbying bill triples to $3.76 million (AP)

SAN FRANCISCO ? Google's U.S. lobbying bill more than tripled to $3.76 million in the fourth quarter as the Internet search leader fought proposed changes to online piracy laws and sought to influence a wide range of other issues that could affect its fortunes.

The amount that Google Inc. spent making its political points from October through December is by far the company's highest lobbying tab for any three-month period since Google's Washington office opened in 2005. The total compared with a lobbying budget of $1.24 million during the final three months of 2010 and $2.38 million in the third quarter of 2011.

For all of 2011, Google spent $9.7 million on political persuasion, nearly doubling from $5.2 million in 2010.

The company disclosed its fourth-quarter lobbying figures in documents filed late Friday with the U.S. House clerk's office.

Google's lobbying expenses have been rising steadily against a backdrop of intensified U.S. government scrutiny of the company's acquisitions and business practices. The focus has been prompted by complaints alleging that Google is abusing its dominance of the lucrative Internet search market to stifle competition and muscle its way into other markets.

As a foil, Google last summer hired a dozen lobbing firms to supplement the team that it already employed in its Washington office. The bills coming in from those firms contributed to the sharp rise in Google's fourth-quarter lobbying expenses, according to the company.

Google's emphasis on lobbying mirrors what Microsoft Corp. did during the late 1990s while the U.S. Justice Department pursued an antitrust case asserting the software marker had unfairly bundled its dominant Windows operating system with key personal-computer applications. Microsoft eventually thwarted the government's attempt to break up the company, but not before years of legal wrangling that included a high-profile trial.

With that case behind it, Microsoft now spends far less on lobbying than Google. In the fourth quarter, Google's lobbying expenses doubled Microsoft's $1.88 million bill. For all of 2011, Microsoft's lobbying tab totaled $7.3 million.

Google's fourth-quarter lobbying agenda included a proposed antipiracy law, which inspired an Internet protest last week. While some popular websites such as Wikipedia went dark for 24 hours, Google stamped out its colorful logo to signal its objection to proposed changes to online piracy laws. The company says the changes would result in censorship and discourage Internet innovation. More than 7 million people signed a protest petition posted by Google.

Movie and music studio backed the changes ? dubbed the Stop Online Piracy Act, or SOPA ? as a more effective way to prevent rampant theft of their copyrighted material. Lawmakers postponed the legislation following the online protests.

Google's fourth-quarter lobbying push addressed online advertising, which accounts for most of the company's $38 billion in annual revenue.

Other topics covered by Google's lobbyists included: online security; personal privacy on the Internet; renewable energy; international tax reform; the treatment of corporate earnings outside the U.S.; the availability of wireless Internet access; free speech; and free-trade agreements with South Korea, Colombia and Panama.

Besides Congress, agencies that Google lobbied in the fourth quarter included: the Federal Trade Commission, the White House; the Federal Communications Commission, the Commerce Department and the U.S. Trade Representative.

The outside firms working for Google are: Akin, Gump; Bingham; Capitol Legislative Strategies; Chesapeake Group; Crossroads Strategies; Gephardt Group; Holland & Knight; Normandy Group; Prime Policy; The First Group; The Madison Group; and the Raben Group.

Source: http://us.rd.yahoo.com/dailynews/rss/search/*http%3A//news.yahoo.com/s/ap/20120124/ap_on_hi_te/us_tec_google_lobbying

gisele bundchen saints willis mcgahee willis mcgahee new orleans saints ship aground off italy nfl live

Monday, January 23, 2012

Rick Santorum On Opposition To Abortion In Cases Of Rape: 'Make The Best Out Of A Bad Situation'

GOP presidential candidate Rick Santorum explained his opposition to abortion even in cases of rape during an interview Friday, saying that women who face such circumstances should "make the best out of a bad situation."

Asked by CNN's Piers Morgan what he would do if his own daughter approached him, begging for an abortion after having been raped, Santorum explained that he would counsel her to "accept this horribly created" baby, because it was still a gift from God, even if given in a "broken" way.

"Well, you can make the argument that if she doesn't have this baby, if she kills her child, that that, too, could ruin her life. And this is not an easy choice, I understand that. As horrible as the way that that son or daughter and son was created, it still is her child. And whether she has that child or she doesn't, it will always be her child, and she will always know that," Santorum said.

"And so to embrace her and to love her and to support her and get her through this very difficult time, I've always, you know, I believe and I think the right approach is to accept this horribly created -- in the sense of rape -- but nevertheless a gift in a very broken way, the gift of human life, and accept what God has given to you. As you know, we have to, in lots of different aspects of our life we have horrible things happen. I can't think of anything more horrible, but nevertheless, we have to make the best out of a bad situation and I would make the argument that that is making the best."

(Video above via CNN)

Santorum has crusaded against abortion throughout his tenure as a legislator and presidential hopeful. A recent analysis of his time as a U.S. senator showed an almost obsessive tendency to talk about abortion-related subjects on the Senate floor. His strict views on the issue, as well as gay rights, have repeatedly drawn aggressive pushback from his detractors on the campaign trail.

In an op-ed in the Wall Street Journal on Monday, Santorum called Obama's support of women's reproductive rights "radical and extreme," arguing that this was illustrated through the president's recent statement on the 39th anniversary of Roe v. Wade.

Other hardline anti-abortion advocates have explained their views much like Santorum has. In 2010, Tea Party-backed Nevada Senate candidate Sharron Angle was asked to explain her belief that abortions were unacceptable even in the case of a girl being raped by her father.

"I think that two wrongs don't make a right," she answered. "And I have been in the situation of counseling young girls, not 13 but 15, who have had very at-risk, difficult pregnancies. And my counsel was to look for some alternatives, which they did. And they found that they had made what was really a lemon situation into lemonade."

"; var coords = [-5, -72]; // display fb-bubble FloatingPrompt.embed(this, html, undefined, 'top', {fp_intersects:1, timeout_remove:2000,ignore_arrow: true, width:236, add_xy:coords, class_name: 'clear-overlay'}); });

Source: http://www.huffingtonpost.com/2012/01/23/rick-santorum-abortion-rape_n_1224624.html

waxahachie erin burnett four loko michael savage aj burnett aj burnett jason wu

Extraordinary Gingrich comeback also vindication (AP)

COLUMBIA, S.C. ? To say Newt Gingrich capped an extraordinary comeback with a South Carolina victory doesn't quite capture what happened.

It was more like vindication.

The former House speaker came from behind to overtake Mitt Romney on Saturday in a state that for decades has chosen the eventual Republican nominee. On the way there, Gingrich triumphed over months of campaign turmoil and at least two political near-death experiences as well as millions of dollars of attack advertisements and potentially damning personal allegations.

He did it by finding his voice and rallying conservatives with a populist defiance.

"The American people feel that they have elites who have been trying to force us to stop being Americans," Gingrich told cheering supporters in Columbia after he was declared the victor. "It's not that I am a good debater. It's that I articulate the deepest-felt values of the American people."

It was on the debate stage that the pugnacious Gingrich arguably revived his presidential campaign, not once but twice in the past year, by giving a tea party-infused GOP exactly what it's hungering for ? a no-holds-barred attack dog willing to go after President Barack Obama with abandon. If Gingrich wins the nomination, his confrontational attitude against all things Obama likely will be a big reason Republicans choose him over chief rival Romney.

Gingrich, a political strategist in his own right who has a knack for understanding precisely what the GOP electorate wants, has aggressively taken it to Obama since the moment he entered the race last spring determined to turn his nationwide grass-roots network of support that he's cultivated for a decade into a front-running White House campaign.

But he stumbled early, including by disparaging the House Republicans' Medicare proposal as "right-wing social engineering" and was all but forced to apologize after the conservative outcry. His campaign nearly imploded over strategy squabbles, with virtually his entire senior staff abandoning him before the summer even began. And he was broke after spending lavishly.

Gingrich spent the next six months running his own campaign on a shoestring. The former college professor used a series of debates in the fall ? and the free media they afforded him ? to show Republican voters his political and oratory skills. Their adoration ended up catapulting him back into contention in Iowa. He vowed to stay positive and focus on Obama ? even as his rivals, sensing a very real threat, went on the attack with a barrage of negative TV advertising.

His rivals and allied groups ? primarily the pro-Romney Restore Our Future political action committee and Texas Rep. Ron Paul ? castigated him for a tumultuous speakership and career in Washington after Congress, knocking him way off course and nearly bludgeoning him to political death.

It turned out Gingrich didn't have the money to respond on TV. And his standing slid as the new year began, and he ended up coming in a distant fourth place in the leadoff caucuses on Jan. 3.

He was but an afterthought in the next state to vote, New Hampshire, where he spent a full week on the attack against Romney while complaining about the beating he took in Iowa on the air. But the cash-strapped Gingrich didn't have money to take his criticism of Romney to the TV airwaves. He seemed completely off his game, losing big in the first-in-the-nation primary state.

Then came Sheldon Adelson to the rescue.

The billionaire casino magnate and longtime Gingrich backer ponied up at least $5 million for an outside group ? made up of former Gingrich aides ? to help put his buddy back in the game. It wasn't long before the group ? Winning Our Future ? was exacting payback on Romney for his allies pummeling Gingrich in Iowa. And the group started raising questions about Romney's time at the helm of a private equity firm, Bain Capital, putting Romney on the defensive for the first time during the campaign.

When the race turned to South Carolina, it didn't take long for Gingrich_ a former Georgia congressman ? to hit his stride. The state had always been a campaign firewall for him. He had visited often, built his biggest staff of any of the first three early-voting states and spent $2.5 million on advertising.

Over the past 10 days, he raised questions about Romney's private business experience while Winning Our Future reinforced the message by financing millions of dollars in South Carolina advertising characterizing Romney as a corporate predator who dismantled companies while running Bain Capital. Gingrich also started working to undercut Romney's strength ? the notion that the former Massachusetts governor was the Republicans' best chance to beat Obama in the fall.

"What you are seeing him doing is convincing people first that he can win," senior Gingrich adviser David Winston explained at one point. "He's in the process of crossing that threshold."

It was his performance in two debates last week that may have helped him seal the deal with undecided Republicans who were questioning his viability as a candidate.

He turned his vulnerabilities ? a comment some interpreted as racist and an allegation by an ex-wife that he had wanted an "open marriage" ? into moments of strength by answering questions about those issues with nothing short of a character assassination on the national media. In both instances, he clearly tickled his conservative audience ? many of whom are skeptical of a media industry they view as left-leaning.

In Myrtle Beach last Monday, Gingrich lashed out when FOX News Juan Williams had asked him if comments he made urging poor minority children to work as janitors were racially insensitive.

"The fact is that more people have been put on food stamps by Barack Obama than any president in American history," Gingrich retorted ? and then turned up the intensity.

His voice rose and he jabbed a finger into the podium as he said: "I believe every American of every background has been endowed by their creator with the right to pursue happiness. And if that makes liberals unhappy, I'm going to continue to find ways to help poor people learn how to get a job, learn how to get a better job, and learn some day to own the job."

The clip became the heart of Gingrich's final television ad in South Carolina, and won high praise from supporters at the barbecue joints and sportsmen's clubs he visited in the campaign's closing days.

But three days later, Gingrich had what seemed like a problem on his hands.

An ex-wife, Marianne Gingrich, did an interview with ABC News in which she said Gingrich had asked her to allow him to have a mistress while they were married. It was unclear how the allegation would play in a Baptist state where many in the GOP electorate call themselves evangelical.

Gingrich ended up using the allegation to his advantage on a debate stage in Charleston, when CNN moderator John King opened the candidate face-off by asking Gingrich about his ex-wife's claim.

"Every person in here knows personal pain. Every person in here has had someone close to them go through painful things," an indigent Gingrich said. "To take an ex-wife and make it, two days before the primary, a significant question for a presidential campaign is as close to despicable as anything I can imagine."

The audience roared and rose to its feet.

Several things also fell Gingrich's way.

Romney's personal wealth was thrust into the spotlight as he stumbled over whether ? and then eventually when ? he would release his tax returns. Gingrich pounced, suggesting Romney may have something to hide that could pose a liability against Obama. Romney also took a hit when the Iowa GOP declared that Rick Santorum, not Romney had won the leadoff caucuses.

Texas Gov. Rick Perry also quit the race two days before the primary and endorsed Gingrich. And evangelical conservatives in the state largely ignored the pleas of national Christian leaders who had voted to endorse Santorum and started coalescing behind Gingrich, the only other candidate in the race fighting over the support of the right flank.

In the end, South Carolina Republican strategist Chip Felkel said: "His supporters were fired up, and it's contagious, especially given Romney's failure to generate that kind of enthusiasm."

The coming weeks will determine whether Gingrich can stay on top this time.

Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//news.yahoo.com/s/ap/20120122/ap_on_el_pr/us_how_gingrich_won

stop loss thurston moore the island the island mcdonalds beating dreamcatcher georgia tech

Sunday, January 22, 2012

Analysis: Italy refunding ordeal looks a little less daunting (Reuters)

MILAN (Reuters) ? Italy's goal of refinancing some 90 billion euros of long-term debt by the end of April is beginning to look within reach after months when the weight of its debt burden looked likely to tip the euro zone even deeper into crisis.

In spite of this month's mass downgrade of most euro countries by credit rating agency Standard & Poor's, Madrid romped through a debt sale on Thursday with support from cheap ECB lending to banks and steady interest from domestic investors.

The same factors should also help Rome.

Saddled with a 1.9 trillion euro ($2.5 trillion) public debt, Italy is the euro zone's third largest economy and investors have long feared it may prove too big to bail.

The amount of debt it must refinance between February and April looked almost unmanageable in November after international investors fled Italian bonds, driving even the country's three-year borrowing costs to nearly 8 percent.

But a fall in short-term yields after Italian banks awash with cheap ECB funds snapped up domestic bonds at recent sales has improved the market picture for Italy, now rated among the lower investment grades at BBB+ by S&P, on a par with bailed-out fellow struggler Ireland.

"I am convinced Italy can and will make it," said Intesa SanPaolo fixed-income analyst Chiara Manenti. "Recent auctions tell us tensions eased slightly. Looking ahead, the return of a net demand also on medium- and long-term maturities and a stop to disinvestments from abroad are crucial for Italy," she said.

Much hinges on efforts to persuade investors to accept deep losses on Greek debt, key to avoiding an unruly default there.

"It certainly isn't our main scenario, but we can't assign a zero probability to the event of Italy being shut out of debt markets. In the short term there are risks relating to a possible Greek default," said Matteo Regesta, a strategist at BNP Paribas in London.

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

For European debt comparisons: http://link.reuters.com/fat74s

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

ECB SUPPORT

Italy itself came dangerously close to sliding towards default in late 2011 and has since been striving to regain market confidence under the leadership of a new technocratic government headed by former EU Commissioner Mario Monti.

Crucially, Italy can count on the support of the European Central Bank both through its bond buying program and an unprecedented liquidity boost. At a December 21 ECB tender of three-year funds, Italian banks took 116 billion euros, almost a quarter of the total.

This cheap funding, analysts say, has fuelled demand for short-term Italian and Spanish paper at recent auctions -- a trend which Rome plans to exploit. With more ECB cash up for grab at a February tender, Italian investors would have enough to fill up any void resulting from lack of foreign interest.

"Domestic investors are likely to continue to participate --and indeed are incentivized to do so in order to protect existing exposure," Citi analysts wrote in a report last week.

Italian investors held 54 percent of the country's 1.6 trillion euro bonds and bills in June, the Bank of Italy said. Analysts estimate this share may have risen towards 60 percent.

"Like many issuers, Italy is relying more and more on its domestic investor base," said Citi analyst Jamie Searle.

To better target retail demand at home, Italy will also start issuing directly to small investors through electronic platforms in the first quarter of 2012.

Maria Cannata, in charge of debt management at Italy's Treasury, said on Tuesday that a higher domestic debt ownership helps but that Italy's debt is too great to rely almost exclusively on local buyers.

WOOING FOREIGN BUYERS

Domestic investors make up the bulk of demand for Italian short-term debt but its sales of longer-term bonds must also target foreign buyers. PM Monti went to woo them in London this week.

Unlike short-term rates, longer-term yields have retreated only modestly. At around 6.40 percent, 10-year yields are two percentage points above three-year ones and not far from the 7 percent mark that has led other countries to seek bailouts.

"It is the 10-year sector where the battle for market access is likely to be won or lost, hence the particular importance of the end-month BTP auctions," Citi analysts said in their report.

Italy is due to sell five- and 10-year BTP bonds on January 30, at an auction that will settle on February 1, when nearly 26 billion euros of BTPs and about 10 billion euros in coupons mature.

Ten years is the longest maturity Italy has attempted to sell since offering an off-the-run 15-year bond in mid-October.

Maturities longer than 10 years fall outside the scope of the ECB's bond purchases, traders say, and these buys are key in indirectly supporting demand at Italian bond sales.

With virtually no bonds maturing in January, Italy has pre-funded some of its redemptions this month. Intesa estimates net issuance at auctions settled in January at up to 39 billion euros including next week's sales of Treasury bills, zero-coupon and inflation-linked bonds.

Cannata said on Tuesday Rome would certainly boost issues of short-term bills, commercial paper and bonds with a maturity of up to three years in the first part of the year.

Once past the February-April refinancing hump, which represents 45 percent of 2012 medium and long-term maturities, Italy would have minimal redemptions in May and June.

But significantly shortening Italy's debt average life of seven years would increase refinancing risks. S&P warned last week that this would weaken an important credit strength for Italy and the Treasury is well aware of the danger.

"Already in the second half of the year we will necessarily have to return to a more uniform distribution along the yield curve to (ensure) a shortening in the average life of the debt ... remains modest," Cannata said. ($1 = 0.7757 euros)

(Editing by Ruth Pitchford)

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20120120/bs_nm/us_italy_bonds

colt mccoy vt vt cleveland browns fred thompson fred thompson los angeles angels

Saturday, January 21, 2012

Romney may not have won Iowa after all, Santorum now ahead (Americablog)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories Stories, News Feeds and News via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/188578787?client_source=feed&format=rss

oklahoma state university badgers badgers mendenhall nbc sports network demarcus cousins mount rainier

Stress blamed for student tics at New York school (Reuters)

BUFFALO (Reuters) ? State health officials have determined stress likely caused a dozen female high school students to suddenly experience tics and other neurological symptoms associated with Tourette Syndrome, they said on Friday.

The Le Roy Central School District, about 50 miles east of Buffalo, scrambled to conduct environmental testing for air quality and mold after 12 students developed tics and impulsive verbal behavior over the course of the last three months.

But state health investigators ruled out environmental factors, latent side-effects from drugs or vaccines like Guardasil, trauma or genetic factors.

The girls were all treated by doctors and most are improving, school officials said.

"Stress is often attributed to these kind of symptoms," Jeffrey Hammond, a spokesman with the New York State Department of Health, said on Friday, echoing the opinion of neurologists who have treated the girls.

"The Le Roy school is safe," Hammond said. "The environment or an infection is not the cause of the students' tics. There are many causes of tics-like symptoms."

Dr. David Lichter, clinical professor of neurology at the University at Buffalo, said he evaluated one of the girls who exhibited involuntary movements as well as periods of unresponsiveness.

Lichter said a phenomenon called "mass psychogenic illness," once called mass hysteria, is likely the cause.

He said high levels of stress may increase the chances.

"Subjects turn subconscious psychological stresses into physical symptoms, and they do it without being conscious of it," he said.

"I don't think the girls in this particular school are more stressed. The thing about this outbreak - and it has been documented around the world - is there may be one or two who manifest a true organic disorder, and then modeling behavior takes place," Lichter said.

The health department continues to monitor each case. No new cases have been reported.

(Editing By Barbara Goldberg and Paul Thomasch)

Source: http://us.rd.yahoo.com/dailynews/rss/us/*http%3A//news.yahoo.com/s/nm/20120120/us_nm/us_tics_school_newyork

nyc weather nyc weather philadelphia weather chris carpenter chris carpenter the brothers grimm the brothers grimm