Tuesday, January 31, 2012

Somali insurgents shut down Red Cross food aid (AP)

NAIROBI, Kenya ? Somali insurgents have shut down food aid distribution by a major aid group because they say the organization is distributing spoiled food in the famine-hit south.

The al-Shabab militant group said late Monday that they were shutting down the Red Cross' operation permanently.

"Despite being offered unrivaled access to all the regions governed by the Mujahideen in South and Central Somalia, the International Committee of the Red Cross has repeatedly betrayed the trust conferred on it by the local population," said the statement from the al-Qaida-linked militia.

The militia said they conducted a "thorough inspection" of the aid group's warehouses and food depots and found that up to 70 percent of the food was "unfit for human consumption, posing a considerable health hazard and exposing the vulnerable recipients to acute illnesses."

A Red Cross spokeswoman said Tuesday that the organization did not have immediate comment.

The Red Cross previously said some trucks were stuck on bad roads for several weeks in the rainy season and the food aboard them was spoiled. That food ? about 2,000 tons, according to al-Shabab ? was publicly burned after the militia had taken photos of the moldy beans.

The Red Cross began distributing monthly rations to 1.1 million people in October and were midway through the second distribution when a convoy of trucks was stopped by al-Shabab in mid-December in Jowhar. Negotiations for their release took several weeks but were ultimately unsuccessful.

The Red Cross formally suspended operations in al-Shabab areas of southern Somalia on Jan. 12. They are the only agency bringing in food to those famine-hit areas on such a large scale.

The U.N. said more than 13 million people were in need of aid and 750,000 at risk of starvation at the height of the Somali famine. Those at risk of starvation have subsequently dropped to 250,000 after an influx of aid and after seasonal rains arrived, meaning crops could be planted.

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/ap/20120131/ap_on_re_af/af_somalia_famine

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Politicians, union hail RBS CEO's bonus refusal (AP)

LONDON ? Britain's leaders, politicians and union leaders on Monday welcomed the decision by the chief executive of nationalized Royal Bank of Scotland to refuse, under huge media pressure, a million-pound ($1.6 million) bonus.

The bank, which is 82 percent-owned by taxpayers, announced Sunday that Stephen Hester would not accept a bonus of 3.6 million shares after calls to do so grew from politicians, labor unions and the media.

The bonus would have been on top of Hester's annual salary of 1.2 million pounds for leading the restructuring of RBS, which the government spent 45 billion pounds to rescue and nationalize during the global credit crunch.

Prime Minister David Cameron urged the bank to show restraint in its bonus payments to Hester's senior colleagues in the coming weeks, and suggested it do a better job to explain how executive pay is linked to performance.

"They have got to have proper regard in terms of restraint when they have had so much money from the taxpayer and they have made so many mistakes in the past," Cameron told reporters in Brussels, where he was attending a summit of European leaders.

Cameron's comments came after Foreign Secretary William Hague said Hester's decision was "sensible and welcome," while David Fleming, national officer of the Unite union, called it "better late than never."

The opposition Labour Party had been planning to force a vote in the House of Commons on a motion demanding that Hester be stripped of the bonus.

"I don't think this can be just a one-off episode, because if we don't deal with this systematically, if we don't deal with the issue of bankers' bonuses in a proper way, this kind of thing is just going to re-occur," said Labour Party leader Ed Miliband.

He said banks "need real change in the boardroom and new rules and real change from the government to, say, tax the bankers' bonuses until we see the change in behavior that we need."

The pressure on Hester to forego his bonus, however, raised doubts on the bank's longer-term ability to retain high-level executives.

"The ongoing politicization of contractually owed bonuses can only serve to increase the risk that management will ultimately decide to leave, severely hampering the prospects of a further recovery," said Gary Goodwood, analyst at Shore Capital Stockbrokers.

"This is one of a number of reasons why we think it is still too early to take a positive stance on Royal Bank of Scotland shares."

Bruce Packard at Seymour Pierce took a contrary view, saying any move to "more clearly align incentives with actual share price performance ? RBS shares fell by a third in the last year ? ought to be taken as good news for owners of the business."

The government will only recover its investment in RBS if the company's stock rises to around 50 pence. On Monday, it was down 2.4 percent at 27 pence.

(This version CORRECTS Corrects dollar conversion in 1st paragraph to million instead of billion.)

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20120131/ap_on_bi_ge/eu_britain_rbs

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Monday, January 30, 2012

Iran says oil could reach $120 to $150 per barrel

An Iranian demonstrator holds a poster to support Iran's nuclear activities as he waits for arrival of delegates of International Atomic Energy Organization, IAEA, who were not appeared in public, at Imam Khomeini airport in Tehran, Iran, Sunday, Jan. 29, 2012. A U.N. nuclear team arrived in Tehran early Sunday for a mission expected to focus on Iran's alleged attempt to develop nuclear weapons. The delegation includes two senior weapons experts, Jacques Baute of France and Neville Whiting of South Africa, suggesting that Iran may be prepared to address some issues related to the allegations. (AP Photo/Vahid Salemi)

An Iranian demonstrator holds a poster to support Iran's nuclear activities as he waits for arrival of delegates of International Atomic Energy Organization, IAEA, who were not appeared in public, at Imam Khomeini airport in Tehran, Iran, Sunday, Jan. 29, 2012. A U.N. nuclear team arrived in Tehran early Sunday for a mission expected to focus on Iran's alleged attempt to develop nuclear weapons. The delegation includes two senior weapons experts, Jacques Baute of France and Neville Whiting of South Africa, suggesting that Iran may be prepared to address some issues related to the allegations. (AP Photo/Vahid Salemi)

An Iranian protester holds an anti-Israel poster for condemning activities of International Atomic Energy Organization, IAEA, at the Imam Khomeini airport, waiting for arrival of the agency's delegates, who were not appeared in public, on Sunday, Jan. 29, 2012. A U.N. nuclear team arrived in Tehran early Sunday for a mission expected to focus on Iran's alleged attempt to develop nuclear weapons. The U.N. nuclear agency delegation includes two senior weapons experts, Jacques Baute of France and Neville Whiting of South Africa, suggesting that Iran may be prepared to address some issues related to the allegations. (AP Photo/Vahid Salemi)

(AP) ? The head of Iran's state oil company said Sunday that the price of crude will reach $120 to $150 per barrel, as officials in Tehran prepare to discuss a ban on crude sales to European Union countries in retaliation for an EU embargo.

Head of the National Iranian Oil Company Ahmad Qalehbani also said that Tehran would expand its capacity to refine crude domestically, instead of selling it on international markets.

The EU announced an embargo on Iranian oil last week to pressure Tehran on its controversial nuclear program.

The embargo is set to go into effect in the summer, but Iran says that it may cut the flow of crude to Europe early.

Iran says the EU accounts for only 18 percent of its output and that it can find new customers. It says the embargo will hurt the West more than Iran, in part by causing a spike in prices.

"It seems we will witness prices from $120 to $150 in the future," Qalehbani was quoted as saying by IRNA. He did not give a time frame for the prediction, nor any other details.

The price of benchmark U.S. crude on Friday was around $99.56 per barrel.

Qalehbani also said that Iran could find other customers for its crude in the short term, while in the longer term expanding its refining capacity to turn the crude into other petroleum products.

"The sale of some 18 percent of Iranian oil, to a market other than the EU, is quite possible. But our long term idea is to increase refining capacities to produce valuable products," he said.

Qalehbani's statement came as Iranian oil officials prepare to debate a ban on crude sales to European Union countries.

Many Iranian lawmakers and officials have called for an immediate ban on oil exports to the European bloc before the EU's ban fully goes into effect in July. They say this will hurt Europe before it can find alternative suppliers.

It also coincided with a visit by a U.N. nuclear team expected to focus on Iran's alleged attempt to develop nuclear weapons.

The United States and its allies argue that Iran is trying to develop nuclear weapons technology, while Tehran says the program is for purely peaceful purposes.

With some 3.5 million barrels of crude production, Iran is the second largest OPEC producer.

Some 80 percent of the country's foreign revenue comes from exporting around 2.2 million barrels of oil per day.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-01-29-ML-Iran-Oil/id-c0486e57c2fc4254b9e60a985a3660b4

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Sunday, January 29, 2012

Penguins: Crosby dealing with neck injury

ADVANCE FOR WEEKEND EDITIONS, JAN. 21-22 - FILE - In this Jan. 13, 2012, file photo, Pittsburgh Penguins star Sidney Crosby tosses a puck during hockey practice in Sunrise, Fla. Two years after Crosby?s dramatic overtime goal on the final day of the Vancouver Olympics, Sid the Kid has become Sid the Ghost, a recurrence of concussion-like symptoms turning the 24-year-old face of hockey into a cautionary tale on inherent dangers of the game. (AP Photo/Alan Diaz, File)

ADVANCE FOR WEEKEND EDITIONS, JAN. 21-22 - FILE - In this Jan. 13, 2012, file photo, Pittsburgh Penguins star Sidney Crosby tosses a puck during hockey practice in Sunrise, Fla. Two years after Crosby?s dramatic overtime goal on the final day of the Vancouver Olympics, Sid the Kid has become Sid the Ghost, a recurrence of concussion-like symptoms turning the 24-year-old face of hockey into a cautionary tale on inherent dangers of the game. (AP Photo/Alan Diaz, File)

PITTSBURGH (AP) ? Sidney Crosby isn't just dealing with the lingering effects of a concussion. A California doctor says the Pittsburgh Penguins' star also is recovering from a neck injury.

And Crosby's agent, Pat Brisson, said he can't rule out the possibility that the injury could be to his vertebrae.

"There's been speculation that I really can't comment on at this point," Brisson said Saturday night at the All-Star game skills competition in Ottawa. "I can't rule it out. I don't know. I'm not a radiologist."

Brisson also said he didn't consider the findings to be a setback.

Crosby visited with neurological spine specialist Dr. Robert S. Bray in Los Angeles this week as he continues treatment for symptoms that resurfaced during a loss to Boston on Dec. 5.

The 2009 league MVP missed more than 10 months after sustaining head shots in consecutive games in early January 2011. He returned on Nov. 21 and had 12 points in eight games before the symptoms resurfaced following a physical game against the Bruins.

The team says Bray found Crosby did have a concussion after taking shots to the head in successive games last January. Bray also discovered an unspecified neck injury, though Bray told the team the neck injury is "fully healed."

The team said Bray's findings will be evaluated by independent specialists.

General manager Ray Shero said at the All-Star game in Ottawa that Crosby had returned from California and that he was "optimistic" Crosby will play again this season.

"He's back in Pittsburgh now, hopefully we'll see next week where he is and we'll get the reports from California and compare notes to what's been done so far," Shero said.

Brisson said Crosby both looked and felt good while skating on his own last week, but there's no timetable as to when the player might be ready to play.

"Sidney's doing his best to be back playing as quick as he can and first of all safe," Brisson said. "His goal is to play hockey, and he'll play. The sooner the better."

The Canadian web site sportsnet.ca, citing unidentified sources, reported Crosby visited with a doctor in Utah, where an MRI revealed an abnormality in two vertebrae in Crosby's neck.

The 24-year-old Crosby acknowledged earlier this month he was still experiencing headaches and motion problems. He traveled to Atlanta recently to visit with Dr. Ted Carrick, a chiropractic neurologist who successfully treated Crosby last summer.

Crosby has been cleared for light exercise and skated with his teammates during a road trip through Florida two weeks ago.

The Penguins entered the All-Star break on a seven-game winning streak. Pittsburgh returns to practice Monday and will host Toronto on Tuesday night.

The team has stressed Crosby will not play until he is ready.

"The thing with Sidney is we want to continue to look to see how we can get this under control and manageable so he can return to play," Shero said. "As I said before he's not (playing) until those symptoms resolve but hopefully have him back at some point here soon."

___

AP Sports Writer John Wawrow in Ottawa contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2012-01-28-Crosby-Injury/id-bce8230d9fad45f683b02b3d2ef45d18

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France wants faster NATO Afghanistan exit

France and Afghanistan agree NATO should speed up by a year its timetable for handing all combat operations to Afghan forces in 2013, President Nicolas Sarkozy said Friday, raising new questions about the unity of the Western military alliance.

Sarkozy also announced a faster-track exit for France, the fourth-largest contributor of troops in Afghanistan ? marking a distinct break from previous plans to adhere to the U.S. goal of withdrawing combat forces by the end of 2014. The proposal comes a week after four unarmed French troops were killed by an Afghan soldier described as a Taliban infiltrator.

Sarkozy, alongside Afghan President Hamid Karzai who was in Paris for a previously planned visit, said France had told the U.S. of its plan, and will present it at a Feb. 2-3 meeting of NATO defense ministers in Brussels. He said he would call President Barack Obama about it Saturday.

"We have decided in a common accord with President Karzai to ask NATO to consider a total handing of NATO combat missions to the Afghan army over the course of 2013," Sarkozy told reporters.

A sense of mission fatigue has been growing among some European contributors to the 10-year allied intervention in Afghanistan. The new idea floated by Sarkozy would accelerate a gradual drawdown of NATO troops that Obama has planned to see through until the end of 2014.

France's announcement could step up pressure in other European governments like Britain, Italy and Germany, which also have important roles in Afghanistan ? even if the U.S. has the lion's share by far. But the leaders of those European nations don't face elections anytime soon: Sarkozy does.

Sarkozy said France will withdraw combat troops by the end of 2013, a reversal from his repeated commitment in recent months to stick with other allies on a U.S.-led schedule.

At the same time, he said France will restart its training missions of Afghan troops Saturday. After the shootings Jan. 20, he immediately suspended the training and joint French military patrols with Afghan forces.

A senior U.S. defense official said on condition of anonymity because of the sensitivity of the issue that U.S. forces are continuing to plan to transition to the Afghans at the end of 2014, and that nothing has changed.

In Washington, U.S. State Department spokeswoman Victoria Nuland said the timetable announced by France was worked through by both the Afghans and NATO as part of efforts to transfer security authority to Afghanistan.

"We, obviously, want to continue to work together to ensure that this is implemented in a way that is consistent with the efforts of all of NATO to give increasing authority to the Afghans, and that it is smooth," she said.

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Nuland said the U.S. was pleased the move was not "precipitous."

"So you know, this was a national decision of France. It was done in a managed way. We will all work with it. As the president has said, with regard to our own presence, we are working on 2014," she said.

"The alliance as a whole is working on 2014. But we are also going to work within this French decision," she added.

NATO reacted tersely to Sarkozy's statement.

"We have taken note of the statement," NATO spokeswoman Oana Lungescu said in Brussels.

Sarkozy said France will speed up its withdrawal timetable, pulling out 1,000 of its current 3,600 soldiers by year-end ? the previous target was 600 ? and bring all combat forces out by the end of 2013.

Karzai had said previously that the goal was to have Afghan security forces in charge of security across the entire nation by the end of 2014. Afghan forces started taking the lead for security in certain areas of the country last year and the plan has been to add more areas, as Afghan police and soldiers were deemed ready to take over from foreign forces.

According to drawdown plans already announced by the U.S. and more than a dozen other nations, the foreign military footprint in Afghanistan will shrink by an estimated 40,000 troops at the close of this year. Washington is pulling out the most ? 33,000 by the end of the year. That's one-third of 101,000 U.S. troops that were in Afghanistan in June, the peak of the U.S. military presence in the war, Pentagon figures show.

Sarkozy also said France would hand over authority in the strategic province of Kapisa east of Kabul, where nearly all French troops are deployed, to the Afghans in March.

"A new phase is starting with the Afghans in which civilian and development projects will progressively take the handoff from our military presence," Sarkozy said, adding Afghan security "is the business of Afghans."

Karzai, who praised the role of France and other NATO allies, didn't object when Sarkozy said the 2013 timetable was sought by the two countries.

But the Afghan leader appeared to suggest that it was a high-end target.

"Yes, Mr. President, it is right that Afghanistan has to provide for its own security and for the protection of its own people, and for the provision of law and order," Karzai said.

"We hope to finish the transition ? to complete this transition of authority to the Afghan forces, to the Afghan government, by the end of 2013 at the earliest ? or by the latest as has been agreed upon ? by the end of 2014," Karzai said.

The NATO-led international force in Afghanistan has been steadily handing over responsibility for security to the government's army and police ever since the alliance's last summit in Lisbon in 2010. There, NATO leaders decided to move the Afghans into the lead role in fighting the Taliban by 2014 and end the coalition's combat role.

Afghan forces have started a process of taking the lead in over half of the country's population of 30 million in terms of security, and the transition remains on track.

Britain and Germany said France's announcement didn't change their pullout plans.

Britain said it's keeping to plans to withdraw all its 9,500 troops from Afghanistan by the end of 2014.

"We set out our long-term plans for no combat role by the end of 2014," a Foreign Office spokesman said on customary condition of anonymity. "We have already set out plans for some withdrawals in 2012."

Prime Minister David Cameron will hold talks with Karzai on Saturday. The Foreign Office said their meeting "is about long-term partnership and commitment beyond 2014 and the need for progress on the political track."

In Berlin, a Foreign Ministry spokeswoman said Germany's government had recently affirmed its troops' mandate "with a wide majority."

"We are in agreement with the international goal to hand over security responsibility fully by the end of 2014 and withdraw combat troops," the spokeswoman said on customary condition of anonymity.

During Karzai's stop Thursday in Italy as part of his European tour, Premier Mario Monti said his country would give economic and civilian support after a 2014 withdrawal. The two signed a long-term cooperation agreement.

Sarkozy's government has been under political pressure to withdraw French troops before the United States' pegged pullout in 2014. Polls show most French want an early pullout ? and he may soon be up for re-election.

Francois Heisbourg, an analyst at the Paris-based Foundation for Strategic Research think tank, told The Associated Press this week that a quick exit would also pose logistical problems for French forces, who hope to bring home much of the heavy equipment they have deployed in Afghanistan.

Francois Hollande, the Socialist nominee for France's presidential elections, repeated on French TV on Thursday his hope to bring all French forces home this year. Polls show him leading the conservative Sarkozy, who has not formally announced whether he will run in the two-round election in April and May ? though most political observers believe he will.

Nick Witney, a senior policy fellow at the Paris-based European Council on Foreign Relations, said public support of the war in Europe started sliding fast after the coalition agreed to end the combat mission in 2014.

"It has become more and more difficult to justify every single casualty, since it's now clear that these are wasted lives," said Witney, a former head of the European Defense Agency.

"Most European policymakers realize that on a purely cost-benefit assessment, we would all leave Afghanistan tomorrow," Witney said, adding that "it's difficult for any single government to break with its allies without being accused of lack of solidarity."

At the news conference with Karzai, Sarkozy didn't respond to a reporter's question about whether he believed France's announcement could weaken the alliance.

___

Slobodan Lekic in Brussels, Deb Riechmann in Kabul, Jill Lawless in London, David Rising in Berlin, Colleen Barry in Rome, and Matthew Lee in Washington contributed to this report.

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

Source: http://www.msnbc.msn.com/id/46169115/ns/world_news-south_and_central_asia/

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Saturday, January 28, 2012

Oil price waver on Persian Gulf supply concerns (AP)

Oil prices moved in a narrow range Friday as Iran prepared to consider a ban on crude sales to European Union countries.

Iranian leaders are scheduled to debate the ban Sunday in response to EU plans to embargo Iran's oil by summer because of that country's nuclear program. Investors worry that any ban could cause supply disruptions.

Benchmark oil fell 14 cents to finish at $99.56 per barrel after climbing as high as $100.63 per barrel earlier in the session. Brent crude rose 67 cents to end at $111.46 per barrel in London.

EU countries account for about 18 percent of Iran's oil exports. Analysts believe any shortfall in Europe could be made up by other countries. If it stops selling oil to Europe, Iran should find takers in Asia. China is its biggest oil customer.

Iran also has threatened to block the strategic Strait of Hormuz in the Persian Gulf. About one-fifth of the world's supply of oil is shipped through the strategic waterway. The U.S. and other nations have said they will not tolerate an Iranian blockade. U.S., British and French warships regularly patrol the Gulf.

In other trading, gasoline futures jumped almost 3 percent on concerns about future supplies after next month's closure of the big Hovensa refinery in the U.S. Virgin Islands. It produced about 350,000 barrels per day, but the high price of crude has made it unprofitable. The closure comes as many refineries slow down for regular spring maintenance.

Gasoline futures rose 8 cents to end at $2.92 per gallon. Futures prices are up about 10 percent since the start of the year.

Natural gas prices rose again on Friday, after dropping more than 4 percent on Thursday. Futures contracts rose 7 cents, or 2.8 percent, to finish at $2.68 per 1,000 cubic feet.

Natural gas hit a 10-year low last week, driven down by huge supplies and mild winter weather that's kept furnaces turned down. Now forecasts show a colder weather pattern emerging for the Midwest and the Northeast in February, which would mean more natural gas will be needed for heating. The buildup of natural gas supplies may also slow as producers cut back. Chesapeake Energy, ConocoPhillips and Consol Energy said this week that they would reduce some natural gas operations.

Heating oil futures rose 2 cents to end at $3.07 per gallon.

At the pump, AAA says the national average for a gallon of regular gasoline rose a penny on Friday, to $3.39. That's about 15 cents more than a month ago and nearly 29 cents more than a year ago.

___(equals)

AP Energy Writer Jonathan Fahey contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/energy/*http%3A//news.yahoo.com/s/ap/20120127/ap_on_bi_ge/oil_prices

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Friday, January 27, 2012

Cuba: Tough prison terms for mahogany tree thefts

(AP) ? Cuba convicted six people of cutting down African mahogany trees in the National Botanical Gardens and sentenced them to eight and 10 years in prison, the Communist Party newspaper Granma said Friday.

The men felled nine trees on two occasions in December and harvested a total of $122 worth of wood, according to the court sentencing printed alongside the article. Mahogany sells for considerably more than that elsewhere, listing for $10 to $15 per board-foot on some U.S. websites.

Angela Leiva, director of the reserve, told Granma that the 30- to 40-year-old trees were important to the ecology of the gardens and their loss cannot be repaired in the short or medium term.

Inaugurated by Fidel Castro in 1989 and located just south of the capital, the 1,500-acre (600-hectare) Botanical Gardens fell on hard times after Cuba's 1990s economic crisis precipitated by the collapse of the Soviet Union, the island's largest trade partner and benefactor.

The reserve's facilities fell into disrepair, vigilance became lax and the entire 7-mile (11.5-kilometer) perimeter fence was scavenged amid "social indiscipline," Granma said.

The government has been waging a campaign against lawbreaking and "social indiscipline," with official newspapers such as Granma carrying reminders of stiff penalties for everything from the unauthorized slaughter of cattle to illegally building home expansions onto sidewalks.

Authorities began to notice trees sporadically disappearing from the reserve in 2008, according to Granma's full-page article. The thefts increased over the next two years and reserve officials complained to authorities.

"Regrettably, misunderstanding prevailed in the face of these claims and no preventative measure or action was taken to avoid a repeat of such events," the story said.

The tough sentences announced Friday send a stern warning that illegal cutting in the reserve will no longer go unpunished.

The court said it took into account aggravating factors, such as conspiracy by three or more people and the commission of a crime at night or in an unpopulated area, in condemning two men to a decade behind bars and the rest to eight years.

It said the six acted with others who have not been identified to transport, process and sell the lumber.

Granma said a new fence made of wood and bars is being constructed around the Botanical Gardens, and authorities are adding vehicles and communications equipment to bolster the night guard. A plan to erect five observation towers has also been approved.

Cuba has scarce supplies of wood for uses from carpentry to home construction, and illegal scavenging for materials to sell on the black market is common.

The economy has recovered somewhat since the 1990s but is still struggling. Authorities regularly blame shortages on the United States' nearly 50-year-old trade and travel embargo against the island.

___

Peter Orsi on Twitter at www.twitter.com/Peter(underscore)Orsi

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-01-27-CB-Cuba-Illegal-Wood-Cutting/id-4195557283994bd4a216019790ca3b03

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T-Mobile Sonic 4G Mobile Hotspot


The T-Mobile Sonic 4G Mobile Hotspot ($99 with contract, $174.99 without) is to support the carrier's HSPA+ 42 network. So it's much faster than our previous Editors' Choice, the T-Mobile 4G Mobile Hotspot ZTE MF61($79.99, 4 stars). It also adds some new features, like the ability to share a microSD card over Wi-Fi. Though the Sonic falls short on battery life and Wi-Fi signal range, we think the boost in speed is worth it, and we're making the Sonic 4G our new Editors' Choice for hotspots on T-Mobile.

Design, Features, and Setup
The Sonic 4G measures 4.02 by 2.20 by 0.61 inches and weighs 3.88 ounces, making it larger and heavier than the ZTE hotspot, but still very portable. The front sports a shiny, slightly-mirrored finish, with a small OLED display that shows signal strength, connection type (3G or 4G), Wi-Fi status, the number of devices connected, and battery life. The back is made of rubberized black plastic and can be removed to access the battery, SIM card slot, and a microSD slot which supports cards up to 32GB. The right side houses a Power button and a WPS (Wi-Fi Protected Setup) button that will allow WPS-enabled devices to connect to the mobile wireless network quickly. The bottom has a standard microUSB port, while the left side has an external antenna port to boost reception. The hotspot can charge and transmit data while plugged into either a computer or wall.

The Sonic is simple to set up. Turn the device on, wait for it to connect to either 3G or 4G, then go ahead and connect up to 5 devices. The SSID and password are found beneath the back cover and I never experienced any problem connecting to the hotspot. The Web-based admin interface lets you change settings. For security, the Sonic 4G supports MAC address filtering, as well as WEP, WPA, or WPA2 encryption. You can also send and receive text messages from this interface.

A MicroSD card plugged into the Sonic can become a shared drive on the hotspot's Wi-Fi network. I was able to easily download and upload files from my computer, though file management only works through the hotspot's Web-based admin page.

Service Plans, Performance, and Conclusions
T-Mobile offers both contract-based and pre-paid data plans for the Sonic. Contract plans start at $39.99 per month for 2GB, and go up to $79.99 for 10GB a month. There are no overage charges, but data is throttled to about 200kbps once your cap has been reached. You also have the option to pay as you go, with data passes starting at $10 per week for 100MB and going up to $50 per month for 3GB.

As the first HSPA+ 42Mbps hotspot for T-Mobile, the Sonic is noticeably faster than the HSPA+ 21-based ZTE. Over eight tests in Manhattan, the Sonic averaged 5.47Mbps down compared to the ZTE's 2.54Mbps, with a startling maximum download speed of 18.59Mbps compared to the ZTE's 8.8Mbps. That fits: using an HSPA+ 42 instead of an HSPA+ 21 modem, the Sonic is about twice as fast on T-Mobile's HSPA+ 42 network. The Sonic had faster downloads in six of our eight tests, only doing worse than the ZTE hotspot when both of the devices were very slow. T-Mobile may be capping uploads; the two devices were statistically tied on upload speeds, both around 1Mbps on average. T-Mobile has been working to expand its 4G network, adding HSPA+ 42 coverage for 163 markets across the country, covering nearly 180 million customers.

The Sonic 4G did not fare as well on our distance test. Speeds were great when the hotspot was right next to the computer, but as we moved away, results faded quickly. At about 25 feet, the Sonic 4G lost a considerable amount of speed, and at 50 feet, signal dropped off completely. This was disappointing compared with the ZTE, which held speeds through 25 feet and began to lose speed but not signal at 50 feet. Battery life was also disappointing, with the Sonic 4G turning in only 3 hours, 49 minutes. The ZTE MF61 turned in a much more respectable 5 hours, 2 minutes in the same test.

The Sonic 4G is the fastest T-Mobile hotspot we've tested so far. It features an OLED screen that displays a lot of useful information and can host files over Wi-Fi via its microSD slot. The ZTE is still a good mobile hotspot with longer battery life, but we give a heavier weighting to speed when judging hotspots. That makes the T-Mobile Sonic 4G our new Editors' Choice.

More Cell Phone Reviews:
??? T-Mobile Sonic 4G Mobile Hotspot
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Source: http://feedproxy.google.com/~r/ziffdavis/pcmag/~3/dPvR9xR6QgE/0,2817,2398377,00.asp

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Thursday, January 26, 2012

Dispute over additive limits US meat exports

Michaela Rehle / Reuters

Fed to an estimated 60 to 80 percent of pigs in the United States, ractopamine has sickened or killed more of them than any other livestock drug on the market.

?

By Helena Bottemiller
The Food and Environment Reporting Network

A drug used to keep pigs lean and boost their growth is jeopardizing the nation?s exports of what once was known as ?the other white meat.??

The drug, ractopamine hydrochloride, is fed to pigs and other animals right up until slaughter and minute traces have been found in meat. The European Union, China, Taiwan and many others have banned its use, citing concerns about its effect on human health, limiting U.S. meat exports to key markets.

Although few Americans outside of the livestock industry have ever heard of ractopamine, the feed additive is controversial. Fed to an estimated 60 to 80 percent of pigs in the United States, it has sickened or killed more of them than any other livestock drug on the market, an investigation of Food and Drug Administration records shows. Cattle and turkeys have also suffered high numbers of illnesses from the drug.

Growing concern over sick animals in the nation's food supply sparked a California law banning the?sale and slaughter of?livestock unable to walk, but that law?was struck down by the Supreme Court Monday. Meat producers had sued to overturn California?s ban, arguing that the state could not supercede federal rules on meat production. The court agreed.

The FDA,?which regulates livestock drugs in the United States, deemed ractopamine safe 13 years ago and approved it, setting a level of acceptable residues in meat. Canada and 24 other countries approved the drug as well.

U.S. trade officials are now pressing more countries to accept meat from animals raised on ractopamine -- a move opposed by China and the EU. Resolving the impasse is a top agricultural trade priority for the Obama administration, which is trying to boost exports and help revive the economy, trade officials say.

U.S. exports of beef and pork are on track to hit $5 billion each for the first time, the U.S. Meat Export Federation estimates. Pork exports to China quadrupled from 2005 to 2010 to $463 million but are still only 2-3 percent of the market.

?China is a potentially huge market for us,? said Dave Warner, spokesman for the National Pork Producers Council.

Part of a class of drugs called beta-agonists, ractopamine mimics stress hormones, making the heart beat faster and relaxing blood vessels. Some beta-agonists are used to treat people with asthma or heart failure, but ractopamine has not been proposed for human use.

In animals, ractopamine revs up production of lean meat, reducing fat. Pigs fed the drug in the last weeks of their life produce an average of 10 percent more meat, compared with animals on the same amount of feed that don't receive the drug. That raises profits by $2 per head, according to the drug's manufacturer, Elanco, a division of Eli Lilly. It sells the drug under the brand name Paylean.

Ractopamine leaves animals' bodies quickly, with pig studies showing about 85 percent excreted within a day. But low levels of residues can still be detected in animals more than a week after they've consumed the drug.

While the Department of Agriculture has found traces of ractopamine in American beef and pork, they have not exceeded levels the FDA has determined are safe.

But because countries like China and Taiwan have no safety threshold, traces of the drug have led to rejection of some U.S. meat shipments. The EU requires U.S. exporters to certify their meat is ractopamine-free, and China requires a similar assurance for pork.

Some U.S. food companies also avoid meat produced with the feed additive, including Chipotle restaurants, meat producer Niman Ranch and Whole Foods Markets.

The FDA ruled that ractopamine was safe and approved it for pigs in 1999, for cattle in 2003 and turkeys in 2008. As with many drugs, the approval process relied on safety studies conducted by the drug-maker -- studies that lie at the heart of the current trade dispute.

Elanco mainly tested animals -- mice, rats, monkeys and dogs -- to judge how much ractopamine could be safely consumed. Only one human study was used in the safety assessment by Elanco, and among the six healthy young men who participated, one was removed because his heart began racing and pounding abnormally, according to a detailed evaluation of the study by European food safety officials.

When Elanco studied the drug in pigs for its effectiveness, it reported that "no adverse effects were observed for any treatments." But within a few years of Paylean's approval, the company received hundreds of reports of sickened pigs from farmers and veterinarians, according to records from the FDA's Center for Veterinary Medicine.

USDA meat inspectors also reported an increase in the number of "downer pigs" -- lame animals unable to walk -- in slaughter plants. As a result of the high number of adverse reactions, the FDA requested Elanco add a warning label to the drug, and it did so in 2002.

The company also received a warning letter from the FDA that year for failing to disclose all data about the safety and effectiveness of the drug.

Since it was introduced, ractopamine had sickened or killed more than 218,000 pigs as of March 2011, more than any other animal drug on the market, a review of FDA veterinary records shows. Pigs suffered from hyperactivity, trembling, broken limbs, inability to walk and death, according to FDA reports released under a Freedom of Information Act request.

"I've personally seen people overuse the drug in hogs and cattle," said Temple Grandin, a professor at Colorado State University and animal welfare expert. "I was in a plant once where they used too much ractopamine and the pigs were so weak they couldn't walk. They had five or six people just dedicated to handling the lame pigs."

But she noted that producers have since scaled back use in response to the rash of illnesses.

"Our company takes adverse event reporting very seriously and is overly inclusive on the information we submit to ensure we're meeting all requirements," Elanco spokeswoman Colleen Par Dekker said. She said the label change in 2002 resulted from an ongoing process of evaluating adverse effects of the drug, adding that an industry trend towards heavier pigs contributed to rising numbers of lame animals in this period.

By 2003, with ractopamine rolling out across the livestock industry, U.S. trade officials began pressing to open world markets for meat produced with the feed additive. Their effort focused on a relatively obscure corner of the trade world -- the U.N.'s Codex Alimentarius Commission, which sets global food-safety standards.

Setting a Codex standard for ractopamine would strengthen Washington's ability to challenge other countries' meat import bans at the World Trade Organization.

The issue has reached the last step in Codex's approval process, but since 2008 the commission has been deadlocked over one central question: What, if any, level of ractopamine is safe in meat?

The EU and China, which together produce and consume about 70 percent of the world?s pork, have blocked the repeated efforts of U.S. trade officials to get a residue limit. European scientists sharply questioned the science backing the drug's safety, and Chinese officials were concerned about higher residues in organ meats, which are consumed in China.

?The main problem for us is that the safety of the product could not be supported with the data,? said Claudia Roncancio-Pe?a, a scientist who led the European food safety panel studying the drug.

U.S. trade officials say China wants to limit competition from U.S. companies, and the EU does not want to risk a public outcry by importing meat raised with growth-promoting drugs, which are illegal there.

The issue also has strained the U.S.-Taiwan trade relationship, since Taiwan -? the sixth-largest market for U.S. beef and pork ?- began testing for ractopamine last year. It found traces in?American beef and pork and pulled meat from store shelves, according to local press reports.

In the U.S., residue tests for ractopamine are limited. In 2010, for example, the U.S. did no tests on 22 billion pounds of pork; 712 samples were taken from 26 billion pounds of beef. Those results have not yet been released.

This article was produced by the Food and Environment Reporting Network, an independent, non-profit news organization providing investigative reporting on food, agriculture and environmental health.

More from the Food & Environment Reporting Network:

Finding drugs in food?

Behind the trade dispute

Milk and water don't mix?

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Source: http://bottomline.msnbc.msn.com/_news/2012/01/23/10220221-dispute-over-drug-in-feed-limiting-us-meat-exports

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Jorge Valencia: College Makes It Better for LGBT Youth, the LGBT Community, and Society

If you went to college, do you remember what the start of a new semester felt like? Does thinking about it bring back feelings of excitement, eagerness, maybe some anxiety, but hopefully most of all a great sense of accomplishment? Going to college and earning a degree is one of the most formative experiences people have. It is also one of the most powerful ways for an individual to transform their life, as well as the lives of the people around them.

The greatest barrier to attending college today is cost. Students now graduate with $25,000 in outstanding loans, on average, and the total amount of student loan debt in 2012 is likely to pass the $1 trillion mark. For many years now the cost of college has been rising faster than family and personal income, as well as outpacing efforts to expand grants and other forms of financial aid.

Yet pursuing a higher education degree is still one of the best investments both an individual and a community can make in their futures. For generations, the members of different racial, ethnic, and religious groups have looked to higher education as an entr?e to greater opportunity and a more secure place in society. The same is true for people marginalized due to sexual orientation, gender identity, or gender expression: the knowledge and skills gained by an LGBT student completing a higher education degree program empowers both the individual and the entire LGBT community.

Paying it forward -- the idea that those receiving help should then help others -- is the DNA of Point Foundation's mission to provide scholarships, mentoring, and leadership training to meritorious LGBT students. All of the current 70 Point Scholars (as our grant recipients are called) were chosen, in part, because of their involvement with the LGBT community and their willingness to undertake an annual community service leadership project as part of their Point Scholarship.

What is amazing about these students (41 percent who are people of color, and 21 percent transgender or gender-variant) is that paying it forward is a no-brainer to them; they look to a higher education as the way to develop their great potential so that they can give back to community and improve society. Sadly, many of them know what it is like to be bullied, rejected by friends and family because of their sexuality, and to struggle in isolation with issues of self-acceptance. They are going to college because they want to make it better for others.

"I am studying to become a civil rights attorney, because I don't want LGBT people to struggle with the problems that I and others have had to face," explains Rachel Smith, a Point Scholar from a small town in Maine now studying at Mount Holyoke College in Massachusetts.

Daniel O'Neil, a Point Scholar studying medicine at the George Washington University is eager to complete his medical training so that he can help the many LGBT patients he encounters. "I'm waiting for you to finish school so that you can be my doctor one day," is a common refrain Daniel says he hears from these patients, whom he describes as "having been failed time and again by a health care system unable to address their unique health needs."

Higher education by itself is not a panacea for all that ails society. LGBT people are often targets for bigotry and injustice, regardless of their level of education, just as having a degree from college does not keep individuals from harboring prejudice and practicing discrimination.

However, by paying it forward, with one generation helping another through guidance and support, individuals and communities of people are better equipped to stand up to adversity. We are never too young or too old to be role models for people -- especially LGBT youth -- who desperately need a sense of hope about the future.

They may see something of themselves in Point Scholar Brennan Peters who, as a teenager, was estranged from her family and "bullied relentlessly at school for being poor and for identifying as bisexual." Now, with the help of her Point Scholarship, Brennan is studying psychology at Loyola University in New Orleans. Finding role models in other Point Scholars and alumni, along with the guidance of her Point Mentor, Brennan says, "I've put my life back together -- this time, on my terms."

Education builds confidence -- something that has always been in too short supply among LGBT youth. Just completing high school is a challenge for many, with studies indicating that LGBT students drop out of school at a higher rate than their heterosexual peers. They need to know that there are people -- not just in the LGBT community, but also many straight allies -- who want to help them get a college education so that they can realize their full potential as confident and empowered individuals. The health and future of LGBT youth, the strength of the LGBT community, and the betterment of all society depend on our paying forward and creating greater access to higher education.

The online application period for 2012 Point Foundation Scholarships is open through Feb. 10, 2012 at pointfoundation.org/instructions.html. People may also recommend a deserving student at pointfoundation.org/recommendastudent.html.

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Source: http://www.huffingtonpost.com/jorge-valencia/college-lgbt-students_b_1229509.html

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Wednesday, January 25, 2012

Judge's order raises issue over encrypted evidence (AP)

DENVER ? A federal judge has ordered a woman to provide an unencrypted version of her laptop's hard drive in a ruling that raises the question of whether turning over a password amounts to self-incrimination.

The Denver Post reports ( http://bit.ly/Ai8BH4) that U.S. District Judge Robert Blackburn decided requiring Ramona Fricosu to provide the contents of her computer doesn't violate her Fifth Amendment protections. Blackburn says the content of the computer adds nothing to what the government already knows.

Friscosu's attorney, Philip Dubois, says he plans to appeal Monday's ruling.

Prosecutors say allowing criminal defendants to beat search warrants by encrypting their computers would make it impossible to obtain evidence.

Civil-liberties groups across the country are opposing the government. They're calling it a test of rights against self-incrimination in a digital world.

___

Information from: The Denver Post, http://www.denverpost.com

Source: http://us.rd.yahoo.com/dailynews/rss/personaltech/*http%3A//news.yahoo.com/s/ap/20120125/ap_on_hi_te/us_password_dispute

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Meet the $2,400 Porsche smartphone (Yahoo! News)

The ultra-expensive BlackBerry is sold only in the UK and Middle East

Looking for a way to prove that you have more money than you know what to do with? Look no further than the?BlackBerry Porsche Design P'9981, a $2,400 smartphone that helps the world identify you as "that guy who just spent $2,400 on a cell phone."

The specs of the?BlackBerry itself aren't nearly as impressive as you'd expect for a phone that costs about what the average U.S. worker earns in a month. What you get for your money is a 2.8-inch, 640 x 480 touch screen (for those keeping score, smaller and lower resolution than the?iPhone 4S), a?5-megapixel camera and 720p HD video recording (the iPhone 4S offers 8-megapixels and 1080p), and 768MB of RAM. In other words, the ridiculously expensive?smartphone looks obsolete when put next to a phone that came out three months ago.

The phone is hardly the most expensive we've seen ? a Danish retailer released a?$60,000 cell phone last year, and Tag Heuer offers a?$6,700 leather Android smartphone.?And what do you really get for your money? The Porsche name, an admittedly cool design, and higher-quality construction.

Our advice? Your money would be better spent buying 12 iPhone 4S's and throwing 11 of them in the trash.

BlackBerry via?Engadget

This article was written by Fox Van Allen and originally appeared on Tecca

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Source: http://us.rd.yahoo.com/dailynews/rss/tech/*http%3A//news.yahoo.com/s/yblog_technews/20120125/tc_yblog_technews/meet-the-2400-porsche-smartphone

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Tuesday, January 24, 2012

Baylor still No. 1 in AP women's poll; BYU enters

Baylor center Brittney Griner (42) drives around Kansas State's Chantay Caron (11) during the second half of an NCAA women's college basketball game Saturday, Jan. 21, 2012, in Waco, Texas. Griner had a game-high 22 points as Baylor won 76-41. (AP Photo/Tony Gutierrez)

Baylor center Brittney Griner (42) drives around Kansas State's Chantay Caron (11) during the second half of an NCAA women's college basketball game Saturday, Jan. 21, 2012, in Waco, Texas. Griner had a game-high 22 points as Baylor won 76-41. (AP Photo/Tony Gutierrez)

BYU's Brandon Davies (0) drives against Pepperdines' Taylor Darby, right, during the second half of an NCAA college basketball game, Saturday, Jan. 21, 2012, in Moraga, Calif. BYU won 77-64. (AP Photo/Ringo H.W. Chiu)

Baylor remains the unanimous No. 1 choice in The Associated Press women's college basketball poll. BYU, though, joins the Top 25 for the first time in five seasons.

The Lady Bears received all the first-place votes Monday for the eighth straight week after beating Texas Tech and Kansas State. Baylor visits Oklahoma before hosting Kansas.

Notre Dame, Connecticut, Stanford and Duke followed the Lady Bears. The Irish host No. 7 Tennessee on Monday night. Kentucky was sixth. Maryland, Ohio State and Miami round out the first 10.

BYU entered the poll tied at No. 23. The Lady Cougars, who were last ranked on Nov. 27, 2006, visit Seattle and Santa Clara this week. Gonzaga returned at 22, giving the West Coast Conference two teams in the Top 25 for the first time ever.

Kansas State and Vanderbilt dropped out of the poll.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2012-01-23-BKW-T25-Women's-Bkb-Poll/id-a99072a56515485d89e23d21ce05a8cc

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Monday, January 23, 2012

With Nasdaq soaring, is 2012 tech's breakout year? (AP)

WASHINGTON ? The stock market has had an impressive January. The staid companies that make up the Dow Jones industrial average have gained 4 percent in three weeks, and the broader market has done even better.

But the Nasdaq composite ? a collection of technology stocks whose dot-com heyday was more than a decade ago ? has left them both in the dust.

That's no surprise when you consider tech stocks took a licking last year. Tech companies tend to carry more risk ? a problem for the Nasdaq during last year's market gyrations. As investors regain confidence in the economy, riskier plays are doing well.

But experts say the Nasdaq's gains reflect long-term currents that could lift tech stocks through 2012 and beyond. Many companies put off replacing worn-out technology during the recession. To compete and survive, they need to invest in tech.

There's also a growing global market for technology as more nations try to reduce labor costs by automating everything from factories to cash registers.

And the biggest tech companies face less competition these days when they try to acquire smaller companies. Many of their mid-sized rivals for those deals were weeded out after the dot-com bust and the financial crisis.

In the market for mergers and acquisitions, established players like IBM and Oracle can be picky about buying only those companies that will increase their earnings ? and probably their stock prices.

In other words, it's not all about Microsoft-style titans and trendy social media companies like LinkedIn and Zynga. The Nasdaq contains more than 3,000 companies, many of them relative startups compared with the companies in the Standard & Poor's 500 index.

For the year ? just 13 trading days old ? the Nasdaq composite is up 7 percent, compared with 4.6 percent for the S&P 500 and 4.1 percent for the Dow.

"It looks like it's going to be their year, or at least their month," says Michael Vogelzang, chief investment officer at Boston Advisors LLC.

The Nasdaq sank 1.8 percent last year, while the Dow rose 5.5 percent and the S&P was flat. That left tech stocks relatively cheap, giving them more space to rise as the broader market rallied. Oracle is up 11.9 percent this year, Microsoft 14.5 percent.

Vogelzang and others say the tech rally has further to go.

"If you want to make your company more productive, you have to turn to the world of technology for that," says Kim Caughey Forrest, senior analyst with Fort Pitt Capital Group.

She expects the S&P 500's tech sector to outperform the broader market because of strong demand from U.S. companies, developing nations such as China and even cash-strapped European governments. As China's banking system exploded to serve a growing middle class, banks there spent big on IBM technology, she noted.

"Nobody questions whether they need the latest and greatest technology anymore. They know they need to keep up their technology spending," says Eric Gebaide, managing director of Innovation Advisors, a tech-focused investment bank and strategic advisory firm.

Gebaide and others mentioned many companies' efforts to move their computing and data storage off-site ? trends known as "cloud computing" and "virtualization." Long-distance computing is cheaper, but it requires technology.

But why are tech stocks rallying now? The cloud computing transition has been under way for years, and spending by companies has driven much of the U.S. recovery since the economy emerged from recession in June 2009.

It's all about the investment cycle, says Jack Ablin, chief investment officer with Harris Private Bank. He says investors are finally willing to "flex their speculative muscles in a market that isn't falling apart in the way they feared last year."

Last year, some of the best-performing stocks were consumer staples and utilities ? lower-risk industries where demand is consistent even the economy is slow. This year, utilities in the S&P are down 3.7 percent, while tech companies are up 6 percent.

The move out of so-called defensive stocks, the ones you want to own in a slow economy, is a sign that investors are willing to embrace risk again.

"You're getting this big market rotation," Vogelzang says. "People made money last year in the boring, stable industries, and they're saying, `Hey, I better get on this economy train while I can.'"

Tech companies learned hard lessons from the dot-com bust of the early 2000s and the 2008 financial crisis, says Gebaide of Innovation Advisors. They hold more cash than most types of companies and carry less debt. That leaves them less vulnerable to bankruptcy or a loss of investor confidence.

Given its twice-stung discipline, tech is positioned to drive the economy ? "perhaps the best it has been as a sector in the past 20 years," Gebaide says.

The biggest threat to the industry, Gebaide says, is a slowdown in the early investment that helps startups grow into viable companies. Those early dollars used to offer massive returns to savvy investors when a good pick went public.

Today, the upside for venture capitalists is limited because far fewer companies are going public in big stock offerings. The bar is much higher after dot-com era debacles like Pets.com. Before underwriting a deal or buying chunks of stock, banks and investors want to see millions in annual revenue and established customer bases. It's tough for younger tech companies to meet those standards.

Peter Falvey, managing director of Morgan Keegan Technology Group, says there's plenty of capital, entrepreneurship and good ideas to keep companies' bottom lines ? and stock prices ? rising.

Falvey's group specializes in tech mergers and acquisitions ? the kinds of deals that allow IBM or Oracle to bring a small competitor's product to a wider audience and add to their own earnings. Last year was the best for M&A in his group's 11-year history, and this year's deal pipeline already is stronger than last year's was at this time, he says.

A company like IBM "has huge amounts of capital and a global customer base, plus complete hardware-software services," Falvey says. "Once you put a small company into that machine, IBM can do really well with it."

The industry's earlier downturns also helped big companies by weeding out smaller players. The number of publicly traded tech companies has decreased by a third since 2000, Gebaide says. Now the big dogs can pick and choose more carefully, acquiring only businesses that are almost certain to increase their profits.

To be sure, high-tech companies are higher-risk investments, and they could lose value quickly if the market tanks because of a debt catastrophe in Europe or something unforeseen.

"People love tech until we get an economic shock, or negative economic statistics start to come out," Vogelzang says. "Then all of a sudden, people will say, `Whoa, I need to go buy some utilities again."

But investors should take tech's success at this stage as a promising sign, says Ryan Detrick, senior technical strategist with Schaeffer's Investment Research. He says higher-risk bets like tech stocks tend to rise as the market enters a phase of long-term growth.

Housing, tech and small-company stocks all have risen faster than broad indexes since October, Detrick says. Those sectors are sensitive to improving economic data, he says.

"When you start to see tech taking charge, that's definitely a potential step in the right direction for future gains, potentially for the whole year," Detrick says. "Those are the sectors you want to see lead a bull market."

___

Follow Daniel Wagner at www.twitter.com/wagnerreports.

.

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/ap/20120122/ap_on_bi_st_ma_re/us_wall_street_week_ahead

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Christie on Gingrich???s past: ???Newt Gingrich has embarrassed the party??? [VIDEO] (Daily Caller)

On Sunday?s ?Meet the Press? on NBC, New Jersey Gov. Chris Christie said that Former Speaker of House Newt Gingrich ?has embarrassed the party over time,? and that ?we don?t need another legislature in the Oval Office.? In the Republican primaries, Christie has been an outspoken advocate for former Massachusetts Gov. Mitt Romney. (RELATED: Gingrich wins big in South Carolina, heads to Florida as race heats up)

?The fact of the matter is, from my perspective ? not as a member of the establishment, David, but has a governor ? I know we don?t need another legislator in the Oval Office,? Christie said. ?We have had one for the last three years who doesn?t have the first idea of how to use executive power or bring Congress together. We?ve had the worst years of Congress in my lifetime because this president refuses to get in the room, roll up his sleeves and get the hard work done. We do not need another legislator in the Oval Office who does not know how to use executive authority. We need an executive, someone who both in private sector and as a governor, understands how to bring people together and use executive power. The speaker simply does not have that experience. He?s never run anything.? (RELATED:?Hume: Republicans in Congress will be ?terrified to run? with Gingrich, will ?try to defeat him? [VIDEO])

But that led ?Meet the Press? moderator David Gregory to ask his guest if Gingrich?s past performance might be repeated:

GREGORY: Do you think Newt Gingrich will embarrass the party?
CHRISTIE: I think Newt Gingrich has embarrassed the party over time. Whether he?ll do again in the future, I don?t know. But Gov. Romney never has.
GREGORY: You say he has embarrassed the party. How, and where do you worry he might do it again, that makes him unelectable?
CHRISTIE: David, we all know the record. I mean, he was run out of the speakership of his own party. He was fined $300,000 for ethics violations. This is a guy that has had a very difficult political career at times and it has been an embarrassment to the party. You remember those times because you were here. So the fact of the matter is, I don?t need to regale the country with that entire list again, except to say this ? I am not saying he will do it again in the future, but sometimes the past is prologue.

Follow Jeff on Twitter Join the conversation

Read more stories from The Daily Caller

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Hume: Republicans in Congress will be 'terrified to run' with Gingrich, will 'try to defeat him' [VIDEO]

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/dailycaller/20120122/pl_dailycaller/christieongingrichspastnewtgingrichhasembarrassedthepartyvideo

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Sunday, January 22, 2012

CSN buzz on Pats? |?? Ravens |?? Giants-49ers

January 20, 2012, 3:08 pm


By Tom E. Curran
CSNNE.com

FOXBORO -?Legacy game. There's a ton on the line for both the Ravens and Patriots on Sunday and it goes beyond just the Super Bowl. It goes to the story of the franchises and how the final chapter (or chapters) of their eras of excellence will be written. For all their brilliance since the millennium, the Ravens have just one Super Bowl appearance in 2000 to look back on. Ray Lewis, Ed Reed and the brilliant defense is on the downturn. Will those future Hall of Famers get back to the title game? For the Patriots, they aren't trying to separate from other great teams as much as they are staking their claim as the best assemblage ever. A fourth Super Bowl title in the sixth visit to the game in 11 seasons? No other team, no other coach-quarterback combo can compete with that. And that includes the Niners and Steelers.
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WHEN THE PATRIOTS HAVE THE BALL
It starts with protection. Keep the Ravens ravenous defense off of Tom Brady and then let things flow from there. Obviously, easier said than done. Terrell Suggs has traditionally been a burden for the Patriots offensive line. He will make plays off the edge if not given extra attention. That's a guarantee despite the success Matt Light's had this season against some top-tier pass rushers. The dangerous thing about the Ravens pass rush is that it can come right up the guy with nose tackle Haloti Ngata leading that charge. It will be a numbers game and - with Ngata and Suggs commanding multiple blockers - that reduces the number of guys who can be out in routes. The Patriots don't figure to line up and pound the ball on the Ravens. It's about Tom Brady and his elite weapons Rob Gronkowski, Wes Welker and Aaron Hernandez. Just like the Patriots in protection, the Ravens are looking at?a?numbers game because they all command extra defenders. Look for the Patriots to slowly ease into this game offensively. There will be deciphering for Brady to do and bad plays to stay out of until he figures out what the Ravens game plan is. It promises to be a fascinating chess match between the two strongest parts of these two excellent teams.
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WHEN THE RAVENS HAVE THE BALL
And here is the ugly contest. Both the Ravens offense and Patriots defense are the ordained whipping boys for their respective teams. Last week, Joe Flacco gave detractors artillery with an ugly game against the Texans. It was a performance that showed that Flacco - while composed and accurate when comfortable - can get tremendously unnerved and uneven under pressure. Whether the Patriots have the ability to bring the same kind of pressure against Flacco that Houston did is a tall order. But the Patriots will have to unnerve him and they'll be better able to do that if they keep him in second or third-and-long. To do that, holding down the terrific Ray Rice both out of the backfield on screens and wheel routes and on simple tosses and handoffs is the jey measure. Huge game for the Patriots front-seven in that regard. One key for the Ravens could be the outside receiver combo of Anquan Boldin and Torrie Smith. A tough, possession guy and a speed guy who will challenge a Patriots defense that has a feature film of poor pass defense highlights.
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THE KICKING GAME
Kind of a wash with the specialists. Billy Cundiff and Sam Koch are on a level with Stephen Gostkowski and Zoltan Mesko for the Patriots. The Ravens have been a little generous on returns - 11.9 on punts, 29.2 on kickoffs - the Patriots haven't torn off many big ones. So we'll see if the Patriots can ger an advantage there. They also have had some special turnovers so watch for the big play in the kicking game.
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GAME WITHIN THE GAME
We'll give you two. The Ravens on Hernandez and the Patriots on Terrell Suggs/Haloti Ngata. For Baltimore, they need to find Hernandez and then cover him. Do they do it with corners, safeties or linebackers. And how do they stop him from making the first man miss? For the Patriots, they need to keep Suggs from making a game-altering play coming off the edge. Matt Light's had a terrific year, but he may need help there. And Ngata on Dan Connolly is not a good matchup for New England. He'll need help in there.
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PATS GOTTA STOP
Ray Rice. He led the NFL in yards from scrimmage in 2011. He's hard to find and when he's found, he's hard to catch. When he's caught, he's hard to bring down. It takes a?village to stop him and the Patriots defense can't let him get through to the second level because he's a home-run hitter when he does. ?
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RAVENS GOTTA STOP
For weeks, I've been alternating between?Gronkowski and?Welker.?In the past few weeks, it's become clear, thouhg, that it's Hernandez that's causing the most chaos for defenses.?The Patriots line him up all over the place - wide receiver, slot receiver, running back and conventional tight end. Finding him is a chore. Covering him is worse. ?
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DON?T BE SURPRISED IF
It's a very, very low-scoring first half as both teams feel each other out and the Patriots try to decipher how best to attack the Ravens defense.
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THAT SUMS IT UP RAVENS STYLE
?What makes Tom Brady such a good player?? Maybe one of the elite quarterbacks that ever played the game?? The thing is he has total control of what they?re doing offensively, first of all.? That?s where it starts. They?ve definitely built an offense around him." - John Harbaugh, Ravens head coach.
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THAT SUMS IT UP PATS STYLE
"I think every week it?s really a matter of how you play; it?s not so much of what you?ve done or what you?ve accomplished.?... You realize the ball is going to be kicked off, there?s going to be 60 minutes on the clock and whoever makes the most plays is going win. Plays from last week aren?t going to count anymore. So we have to do it again. All the preparation that we put in last week, and all the practices and all the walkthroughs were important but at the same time, we have to put just as much in this week because if you don?t, you don?t play well. It doesn?t matter what you did last week, you?ll be sitting at home watching and nobody really wants to be doing that." - Tom Brady, Patriots quarterback.
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THE FINAL SCORE IS?
Patriots,?27-21

Source: http://www.csnne.com/01/20/12/CSN-Insiders-Patriots-Ravens-breakdown/nbc_snf_csnne.html?blockID=635044&feedID=10588

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Tragic saga ends with death of Ga. child killer (AP)

ATLANTA ? In an abrupt end to a disturbing saga, a 20-year-old maintenance man apparently killed himself in a Georgia prison two days after pleading guilty to molesting and killing a little girl.

Ryan Brunn's death in his cell was an apparent suicide, the state Department of Corrections said, but it was still under investigation Friday. Corrections spokeswoman Kristen Stancil wouldn't comment on how he died or whether prison officials had taken precautionary measures to monitor him, such as putting him on suicide watch.

Brunn was found unresponsive at 4:15 p.m. Thursday at the state prison in Jackson and taken to a hospital, where he was pronounced dead at 5:37 p.m., Stancil said.

An autopsy likely would be conducted Friday at the state Bureau of Investigation's medical examiner's office, GBI spokesman John Bankhead said. He said GBI agents are investigating the death.

Brunn died after another sudden turn in the case, when he unexpectedly entered a guilty plea during a hearing Tuesday. He was swiftly sentenced to life in prison without parole.

At that hearing, he took the witness stand and explained in chilling detail how he lured 7-year-old Jorelys Rivera to a vacant apartment in an Atlanta suburb, molested her, stabbed her to death and then stuffed her body in a trash compactor. The Dec. 2 slaying happened at the complex in Canton where she lived and he had worked for about a month.

Brunn's guilty plea was designed to spare him the possibility of being executed and to save Rivera's family the emotional trauma of an extended trial. Vernon Keenan, chief of the GBI, also said the guilty plea gave his agents a unique opportunity to delve into the mind of a "cold and calculated killer."

After entering the plea, Brunn briefly apologized to the girl's family members, who sobbed quietly in the front row of the courtroom.

The girl's mother, Jocelyn Rivera, said in a statement at the hearing she hoped Brunn suffered for his crime. After learning of his death on Thursday, she expressed relief.

"This is the kind of justice that I was expecting for him for all the damage that he made to my little daughter," Jocelyn Rivera said, according to The Atlanta Journal-Constitution. "Now, I can say that I feel satisfied."

Brunn's defense attorney, David Cannon, did not immediately return calls seeking comment. Cherokee County District Attorney Garry Moss also did not immediately return a call.

The case prompted the resignation of Canton police Chief Jeff Lance, after a scathing report found he took a "laid back" approach to the search for Rivera. The 17-page review revealed Lance's department violated several of its own policies during the search for Rivera, city manager Scott Wood said Thursday.

The inquiry said there was little doubt Rivera was already dead by the time Canton police received the missing child report. But it said if another such report were handled in the same manner, police "may indeed miss an opportunity to save a victim's life."

The review found that the officer who responded to the initial call treated the case as a routine one that "would be solved in the same manner as dozens of other such cases that the agency had handled in 2011."

Local officers arriving to search for Rivera failed to activate their dash-board cameras to record the scene, failed to immediately determine if any sexual predators lived or worked nearby, and didn't report her case to a national registry until almost a day after she went missing, the report said.

The report said Lance, who didn't respond to requests for comment, didn't arrive at the apartment complex until around 10:15 a.m. the next morning ? about 17 hours after the child was last seen. When he did arrive, it said he was talking to several other officers about the "Georgia game" and eventually turned the TV to a football game.

"Personnel present at the scene frequently characterized the chief's level of concern as `laid back,'" the report said.

Wood, the city manager, said the review should answer questions that were raised about the policies and procedures of the department, which has 48 sworn officers.

"Although sadly the family must still deal with the heartache and loss of this young child, from a legal perspective the matter has now been fully concluded," he said in a statement.

Source: http://us.rd.yahoo.com/dailynews/rss/crime/*http%3A//news.yahoo.com/s/ap/20120120/ap_on_re_us/us_playground_abduction

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Saturday, January 21, 2012

Confidence in eurozone improves despite downgrades

[unable to retrieve full-text content]PARIS (AP) ? France and Spain on Thursday sailed through their first bond market tests since Standard & Poor's downgraded their credit ratings last week, a sign that politicians and central bankers have at least temporarily stemmed the spread of Europe's debt crisis.

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-01-19-EU-Europe-Financial-Crisis/id-791fd9954b7d420886280a8b26d0b69e

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EBay reports higher 4Q earnings, revenue (AP)

SAN FRANCISCO ? EBay says its net income grew in the fourth quarter, helped by a gain on the sale of its remaining investment in Skype and higher revenue.

The e-commerce and online payments company said Wednesday that it earned $1.98 billion, or $1.51 per share in the October-December quarter. That's up from $559 million, or 42 cents per share, in the same period a year earlier.

Revenue grew 35 percent to $3.38 billion from $2.5 billion.

Excluding special items, eBay Inc. says it earned 60 cents per share.

Analysts polled by FactSet expected earnings of 57 cents per share on revenue of $3.32 billion.

San Jose, Calif.-based eBay is forecasting adjusted earnings of 50 cents to 51 cents per share in the first quarter. That's below Wall Street's expectations of 54 cents.

Source: http://us.rd.yahoo.com/dailynews/rss/tech/*http%3A//news.yahoo.com/s/ap/20120118/ap_on_hi_te/us_earns_ebay

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