Saturday, December 31, 2011

Fire breaks out at Moscow university

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Zimbabwe News.Net
Thursday 29th December, 2011 (IANS)

About 500 people were evacuated from the Moscow State University early Friday after a fire broke out in the building, officials said.

A law enforcement officer said a Chinese woman was hospitalized after being diagnosed as 'poisoned with combustion products'.

Earlier Yevgeny Bobylyov, a spokesman for the emergencies ministry's Moscow department, said no one was injured.

A room on the 18th floor was on fire. The flame has been extinguished, Bobylyov said.

--IANS/RIA Novosti

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Source: http://www.zimbabwenews.net/story/202239900

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Friday, December 30, 2011

NFL: Giants RB Brandon Jacobs Says Cowboy Fans are ?Loud and Obnoxious?

How about those Cowboys ? fans? ?Giants RB Brandon Jacobs isn?t too fond of them, check what he had to say after the jump.

@Shay_Marie ?x @gametimegirl

That?s the major problem Brandon Jacobs has with the team that stands in the way of the Giants winning the NFC East and making the playoffs. The Giants, especially Justin Tuck, aren?t shy about expressing their hatred of the Cowboys. Now Jacobs explains why he isn?t a big fan: Because of the Cowboys fans.

?The reason that a lot of guys on opposing teams hate the Cowboys is their fans,?? Jacobs said Thursday afternoon. ?So many of their fans are loud and obnoxious. Everywhere you go you got some Dallas fans and they?re just like running their mouth about Dallas and keep going. It?s not really the team and the star and all that because they?re just like any other team in the National Football League, but their fans are the ones who have me feeling the way I feel. That?s my issue.?

Throughout the NFC East and the NFL, Eagles fans are renowned as perhaps the most difficult group to deal with, but Jacobs ranks Cowboys fans at the top of the heap.

?I?m not talking about being a fan of the team and going out actually at the game and doing the type of stuff they do in Philly,?? Jacobs explained. ?I?m just talking about in everyday life, Cowboy fans get on my nerves.?

NY Post

Source: http://www.inflexwetrust.com/2011/12/29/nfl-giants-rb-brandon-jacobs-says-cowboy-fans-are-loud-and-obnoxious/

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Activists: Syrian troops kill more protesters

In this photo taken on Monday Dec. 19, 2011, defected Syrian soldiers position their rifles as they take cover behind a the wall of a damaged house in the Baba Amr area, in Homs province, Syria. Arab League monitors kicked off their one month mission in Syria with a visit on Tuesday, Dec. 27, 2011 to Homs, the first time Syria has allowed outside monitors to the city at the heart of the anti-government uprising. Several from the team of 12 stayed in the city overnight, and the team continued to work in Homs on Wednesday. The monitors are expected to visit Hama, Idlib and Daraa on Thursday, Dec. 29, all centers of the uprising. (AP Photo)

In this photo taken on Monday Dec. 19, 2011, defected Syrian soldiers position their rifles as they take cover behind a the wall of a damaged house in the Baba Amr area, in Homs province, Syria. Arab League monitors kicked off their one month mission in Syria with a visit on Tuesday, Dec. 27, 2011 to Homs, the first time Syria has allowed outside monitors to the city at the heart of the anti-government uprising. Several from the team of 12 stayed in the city overnight, and the team continued to work in Homs on Wednesday. The monitors are expected to visit Hama, Idlib and Daraa on Thursday, Dec. 29, all centers of the uprising. (AP Photo)

In this photo taken on Wednesday Dec. 21, 2011, anti-Syrian regime protesters, some wearing Syrian revolution flags, gather during a night demonstration in the Baba Amr area, in Homs province, Syria. Arab League monitors kicked off their one month mission in Syria with a visit on Tuesday, Dec. 27, 2011 to Homs, the first time Syria has allowed outside monitors to the city at the heart of the anti-government uprising. Several from the team of 12 stayed in the city overnight, and the team continued to work in Homs on Wednesday. The monitors are expected to visit Hama, Idlib and Daraa on Thursday, Dec. 29, all centers of the uprising. The large Arabic banner hanging to the right reads, "all the doors closed, except your door God." (AP Photo)

In this photo taken on Monday Dec. 26, 2011, a Syrian doctor, left, treats civilians wounded by Syrian army shelling in the Baba Amr area, in Homs province, Syria. Arab League monitors kicked off their one month mission in Syria with a visit on Tuesday, Dec. 27, 2011 to Homs, the first time Syria has allowed outside monitors to the city at the heart of the anti-government uprising. Several from the team of 12 stayed in the city overnight, and the team continued to work in Homs on Wednesday. The monitors are expected to visit Hama, Idlib and Daraa on Thursday, Dec. 29, all centers of the uprising. (AP Photo)

In this photo taken on Monday Dec. 26, 2011, a Syrian man walks in an alley shelled by the Syrian army forces in the Baba Amr area, in Homs province, Syria. Arab League monitors kicked off their one month mission in Syria with a visit on Tuesday, Dec. 27, 2011 to Homs, the first time Syria has allowed outside monitors to the city at the heart of the anti-government uprising. Several from the team of 12 stayed in the city overnight, and the team continued to work in Homs on Wednesday. The monitors are expected to visit Hama, Idlib and Daraa on Thursday, Dec. 29, all centers of the uprising. (AP Photo)

In this photo taken on Monday Dec. 19, 2011, defected Syrian soldiers position their rifles as they take cover behind a the wall of a damaged house in the Baba Amr area, in Homs province, Syria. Arab League monitors kicked off their one month mission in Syria with a visit on Tuesday, Dec. 27, 2011 to Homs, the first time Syria has allowed outside monitors to the city at the heart of the anti-government uprising. Several from the team of 12 stayed in the city overnight, and the team continued to work in Homs on Wednesday. The monitors are expected to visit Hama, Idlib and Daraa on Thursday, Dec. 29, all centers of the uprising. (AP Photo)

(AP) ? Arab League monitors gathered accounts about the Syrian government's crackdown on dissent in the central city of Homs Wednesday as fresh violence flared just dozens of miles away. Activists said troops opened fire on thousands of unarmed protesters, killing at least six.

Though President Bashar Assad's regime has made concessions to the observers, including the release of nearly 800 prisoners, the military was pressing ahead with a campaign to put down mostly peaceful protests.

In the two days since the Arab monitors arrived, activists said troops have killed at least 39 people, including the six shot in the central city of Hama on Wednesday. The continued bloodshed ? and comments by an Arab League official praising Syria's cooperation ? have fueled concerns by the Syrian opposition that the Arab mission is a farce and a distraction from the ongoing killings.

The opposition suspects Assad is only trying to buy time and forestall more international sanctions and condemnation.

"This mission has absolutely no mandate, no authority, no teeth," said Ausama Monajed, a member of the Syrian National Council, the main opposition group. "The regime does not feel obliged to even bring down the number of casualties a day."

The 60 monitors ? the first Syria has allowed in during the nine-month uprising ? are supposed to be ensuring the regime is complying with terms of a plan to end a crackdown the U.N. says has killed more than 5,000 people since March.

The plan, which Syria agreed to on Dec. 19, demands that the regime remove its security forces and heavy weapons from cities, start talks with the opposition and allow human rights workers and journalists into the country. It also calls for the release of all political prisoners.

On Wednesday, the government released 755 prisoners following a report by Human Rights Watch accusing authorities of hiding hundreds of detainees from the monitors. It was the second concession in two days.

The army on Monday pulled some of its troops back from the central city of Homs after bombarding it for days and killing scores of people. Monitors who were allowed into the city were met by tens of thousands of protesters who called for Assad's execution.

Images obtained by The Associated Press from the city in the days leading up to the monitors' visit show army defectors inside a bombed-out building, firing machine guns through gaping holes in a wall.

In another, a huge crowd fills the street for a nighttime rally behind a giant banner of the uprising's revolutionary flag. A row of women wear the flags and a large sign overhead reads: "All the doors are closed except your door, God."

There are also photos of wounded civilians lying on a floor in pools of blood, and being treated with crude medical equipment. Another shows an alleyway with blood smeared on a wall and pooled on the ground.

At a Dec. 21 protest, a banner reads: "To the Arab League: Your initiative cannot protect us from death." Young girls with headbands that read "Leave!" and sashes calling for the "execution of Bashar" protest under banners with "Freedom and Dignity."

The images show the intensity of the opposition against Assad's regime, which brought on the offensive against Homs that began on Friday and lasted until monitors arrived Tuesday to start their one-month mission with a visit to the city.

Several from the team of 12 stayed in Homs overnight and they continued to work there Wednesday. There was no word on whether other teams went to different cities.

According to officials and activists, the monitors went to several districts of Homs, including trouble spots in Baba Amr, Bab Sbaa and Inshaat.

Amateur video posted on the Internet showed the head of the team, Sudanese Lt. Gen. Mohamed Ahmed Mustafa al-Dabi, walking in Baba Amr and stopping to talk to people. In one video, he is seen talking to a man who accuses the regime of killing his 64-year-old brother, a former official of Assad's ruling Baath party, and his wife, and then blaming it on armed gangs.

"Your excellency, they are killing influential people to draw a violent reaction from people," he tells al-Dabi.

Some amateur video showed the orange-jacketed observers in a white car, surrounded by people shouting for Assad's downfall and apparently objecting to the presence of a Syrian military escort in the car with them.

Other video showed the monitors visiting women and children who purportedly lost family members in recent violence. There were no reports of firing on protesters in Homs during the observers visit on Wednesday. Troops did open fire on the crowds on Tuesday.

On Thursday, the monitors are expected to visit Hama, Idlib and Daraa ? all centers of the uprising.

In Hama, several thousand protesters were trying to reach the city's main Assi square to stage a sit-in amid a heavy security presence when troops opened fire with bullets and tear gas to disperse them, activists said.

Hama-based activist Saleh Abu Kamel said he had the names of six people who were killed and many others wounded. The number could not be immediately confirmed. The British-based Syrian Observatory for Human Rights and the Local Coordination Committees confirmed the protests and the shooting, giving conflicting casualty figures.

Violence erupted in several other parts of Syria, including the ambush killings of four soldiers by a group of military defectors, activists said.

Despite the ongoing crackdown, an Arab League official said cooperation by Syrian authorities with the monitors was "reassuring."

"The Syrian side is facilitating everything," Adnan Issa al-Khudeir told reporters in Cairo. He said the 60 observers who arrived in Syria Monday were divided into five groups to visit five locations: Homs, Aleppo, Idlib, Daraa and Hama.

Monajed, the SNC official, said the remarks were "unfortunate."

"They reflect the irresponsible behavior and attitude toward the massacres and atrocities committed by Assad's forces in the country," he said.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2011-12-28-ML-Syria/id-576da326ea7249a880169459c1e370e5

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Thursday, December 29, 2011

Tom Cruise 'Impossible' To Beat At Box Office

'Mission: Impossible - Ghost Protocol' easily wins #1 spot over long holiday weekend.
By Ryan J. Downey


Tom Cruise in "Mission Impossible - Ghost Protocol"
Photo: Paramount

This Christmas, Tom Cruise was "impossible" to beat at the box office.

"Mission: Impossible - Ghost Protocol" was the #1 movie over the long holiday weekend, easily beating competition from two competing sequels with an additional $46.2 million as it expanded into wide release. The fourth entry in the Tom Cruise franchise, this one directed by Brad Bird ("The Incredibles"), has racked up $78.6 million in domestic receipts since it debuted in limited release 11 days ago.

"Ghost Protocol" is the best-reviewed entry in the franchise, which kicked off in 1996 with an inaugural film (based on the popular late '60s TV series) directed by Brian De Palma ("Scarface"). Action maestro John Woo ("The Killer") helmed "M:I 2" four years later. The J.J. Abrams-directed "Mission: Impossible III" grossed $134 million during its theatrical run in 2006.

Meanwhile, "Sherlock Holmes: A Game of Shadows" was reviewed far less favorably than its 2009 predecessor. The film, which reunites Robert Downey Jr. in the title role with Jude Law as his faithful partner, Watson, was #2 at the box office with $31.8 million for a two-week total of $90.6 million. "Downey may think this interpretation is an insight, or funny, but it pushes what was already a rude rewriting of the classic characters into eye-rolling camp," wrote the Newark Star Ledger. The first film sits at 70 percent on film review aggregator site Rotten Tomatoes' "Tomatometer," while "Game of Shadows" was at a "rotten" 59 percent at press time.

The #3 movie at the box office, itself the third in a series, continues a franchise-long tradition of poor reviews. "Alvin and the Chipmunks: Chipwrecked" carried a series worst 13 percent score on the "Tomatometer" as it collected $20 million for an 11-day $56.9 million total. Neither "Game of Shadows" nor "Shipwrecked" appear likely to get anywhere near the $200 million grosses of their predecessors.

Four of the other five new releases in theaters were from major filmmakers.

"The Girl With the Dragon Tattoo," the highly anticipated American adaptation of the popular Swedish book from director David Fincher ("Fight Club"), has made $27.7 million since it opened Tuesday night. Steven Spielberg has two new movies out, "The Adventures of Tintin" and "War Horse," which landed at #5 and #7 on the box office chart, respectively. "Tintin" has made $24.1 million while "War Horse" has made $15 million. The latest from director Cameron Crowe opened even lower than his last movie, "Elizabethtown." "We Bought a Zoo," at #6, earned just $15.6 million despite star power in the form of Matt Damon and Scarlett Johansson. Rock journalist turned filmmaker Crowe has worked with box-office topper Tom Cruise twice: first with "Jerry Maguire" in 1996 and later with "Vanilla Sky" in 2001.

Finally, alien invasion horror flick "The Darkest Hour" opened at #8 with just $5.5 million. The film was not screened in advance for critics, but The Hollywood Reporter, which reviewed the movie, blamed a "flatlining screenplay and the absence of even a single compelling character."

Check out everything we've got on "Mission: Impossible - Ghost Protocol."

For breaking news, celebrity columns, humor and more — updated around the clock — visit MTVMoviesBlog.com.

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Source: http://www.mtv.com/news/articles/1676470/mission-impossible-top-box-office.jhtml

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IRL: Pioneer Kuro PDP-6010FD, Tonium Pacemaker and the Samsung Galaxy Note

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Welcome to IRL, an ongoing feature where we talk about the gadgets, apps and toys we?re using in real life and take a second look at products that already got the formal review treatment.

For those of you who think all we do in IRL is wax nostalgic about gadgets we?ve owned for years, you?d be? mostly right. Indeed, this week we?ve got Mr. Ben Drawbaugh talking up the HDTV he owns (as opposed to the one he wants), and James is here to break down the limitations of his discontinued Tonium Pacemaker. We?ve got one happy new gadget owner, though, and that would be Zach Honig, who recently traded his iPhone 4 for a Samsung Galaxy Note. So how?s that S-Pen working out for him? Head past the break to find out.

Continue reading IRL: Pioneer Kuro PDP-6010FD, Tonium Pacemaker and the Samsung Galaxy Note

IRL: Pioneer Kuro PDP-6010FD, Tonium Pacemaker and the Samsung Galaxy Note originally appeared on Engadget on Wed, 28 Dec 2011 14:32:00 EDT. Please see our terms for use of feeds.

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Engadget

Tags: Galaxy, Kuro, Note, Pacemaker, PDP6010FD, Pioneer, Samsung, Tonium

Source: http://www.gadgetstech.co.uk/2011/12/irl-pioneer-kuro-pdp-6010fd-tonium-pacemaker-and-the-samsung-galaxy-note/

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Wednesday, December 28, 2011

Symptoms of Esophageal Cancer

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Source: http://heartburn.about.com/od/acidrefluxcomplications/qt/ecancersymptoms.htm

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Street fights in Yemen as U.S. considers letting in Saleh (Reuters)

SANAA (Reuters) ? Foes and backers of a plan to ease Yemen's president out of power fought each other with stones and clubs on Tuesday, deepening the country's chaos as Washington considered a request from the leader to fly to the United States.

Youth activists, who have led months of protests against President Ali Abdullah Saleh's 33-year rule, were split on whether he should leave the country - saying it might ease the conflict but could also let him escape justice.

Saleh bowed to months of protests and international pressure by agreeing last month to a deal that granted him immunity from prosecution over his violent crackdown on a popular uprising but saw him hand over power to his deputy.

Far from resolving the crisis, the settlement has caused further tension between groups who opposed the immunity deal, and those who backed it - many of whom have since joined an interim government.

Activists said at least 20 people were injured in the clashes in the capital, Sanaa, between supporters of the Islah party, which backed the immunity deal, and the Houthi movement, a Shi'ite rebel grouping in the north of the country.

Washington and Saudi Arabia, which borders Yemen, both fear continued chaos would allow al Qaeda to build on its already strong presence in the country, which is close to key oil shipping lanes.

After another bout of violence on Saturday - when protesters said Saleh's forces killed nine people who had joined a mass march against the immunity deal - the president vowed to give way to a successor and go to the United States.

U.S. State Department spokesman Mark Toner said on Tuesday Washington was still weighing Saleh's travel request.

"Despite reports to the contrary, the United States is still considering President Saleh's request to enter the United States for the sole purpose of seeking medical treatment," Toner said. "Only at the end of this internal review process will a final visa adjudication be made."

Anti-Saleh protesters said they were in two minds about the possible U.S. trip.

"We are at a loss, between our desire to see Saleh go and avoid Yemen sliding into civil war, and the desire to see him tried for his crimes," said Samia al-Aghbari, a protest leader who was detained briefly after Saturday's violence.

"If he (Saleh) is away and forbidden from being part of the political atmosphere in Yemen, it may help, I see the point of that. But he still has money and weapons in the country and if this doesn't change, nothing will change at any level in Yemen," said activist Hamza Shargabi.

OVERLAPPING CONFLICTS

Any suggestion that Saleh is taking up sanctuary in the United States would be highly controversial among activists and opposition figures who have accused Washington of backing Saleh as an ally in the campaign against al Qaeda.

"He has this relation with the U.S., its war on terror, and torturing people in the name of that war, and putting people in prison," said Shargabi. "Anything can happen in the name of the war on terror."

Hostility against the United States was fanned by Yemeni media reports that Washington's envoy in Sanaa had described Saturday's march as a provocative act, shortly before Saleh's forces cracked down on the protest.

In a statement on Monday, a group of protest organizers demanded Washington recall U.S. Ambassador Gerald Feierstein, whom they called an "advocate and defender of Saleh's ruthless oppression of his people, almost from the start of his assignment in Yemen."

Al Masdar Online, one of the publications which attended a briefing with Feierstein, cited him as saying, in Arabic translation: "Being peaceful isn't just about not carrying weapons. If 2,000 people decided to march on the White House, we wouldn't consider it peaceful and we wouldn't permit it."

The U.S. embassy in Sanaa did not respond to requests for comment on the remarks.

The top "counter-terrorism" official in Washington - which wages a campaign of drone strikes against alleged al Qaeda members in Yemen and assassinated Anwar al-Awlaki, a U.S. citizen, earlier this year - urged Saleh's deputy Abd-Rabbu Mansour Hadi on Sunday to show restraint with protests.

Any successor to Saleh would face overlapping conflicts including renewed separatist sentiment in the south, which fought a civil war with Saleh's north in 1994 after four turbulent years of formal union.

Islamist fighters have seized chunks of territory in the southern Abyan province. Fighting there has forced tens of thousands of people to flee, compounding a humanitarian crisis in a country where about half a million people are displaced.

(Reporting by Mohammed Ghobari; Additional reporting by Laura MacInnis in Honolulu; Writing by Joseph Logan; Editing by Matthew Jones and Christopher Wilson)

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/nm/20111228/wl_nm/us_yemen

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Tuesday, December 27, 2011

University of Houston Economics Grad Starts Career by Building a Website Letting Users Search Recipes by Ingredients—Now Selling to Pay Back Student Debt

Houston, Texas (PRWEB) December 24, 2011

Have you ever wanted to place ingredients into a search that tells you what you can make? University of Houston student Richard Norwood did. So instead of waiting around to see if someone else would build it, he created it himself, organizing the first recipe website that allows users to submit their own ingredients, upload ingredients and recipes, add personal profiles to store recipes and search for recipes based on the ingredients the users have in their kitchen. What started as a personal project for class may turn into enough cash to pay off his school loans.

?The website started as hobby and a dare that soon became an obsession that lasted the better part of two years,? said UH Economics graduate Richard Norwood. ?It taught me all about PPC and Internet Marketing, as I spent thousands of man hours optimizing for Google organic search and making tons of mistakes.?

After two years of hard work, Richard said he is ready to let someone else drive the website to greener pastures. The website jumpstarted a career in internet marketing for the UH grad who says that he is just lucky to have found a way to utilize his Economics degree in a down economy.

My Kitchen Vault has: an enormous data base of pictures, over 3000 recipes, articles describing ingredients and a drag & drop recipe selection tool that really gets new users engaged. Norwood also added a full content management system to allow easy admin edits to almost everything on the website, including the ability to add recipe content, blogs, forum posts and new recipes.

The website started off slow as most websites do, but is now ranked on the first page of Google for Recipes by Ingredients, Search Recipes by Ingredients, ingredients in my kitchen, reverse recipe finder and much more.

Norwood is ready for a food lover to take My Kitchen Vault to the next level by adding content, building relationships in the food industry and growing what he created. ?I just don?t have time anymore to push three websites, and I know the least about food,? the Internet Marketing Specialist said with a laugh. ?If someone gives me a good enough offer, I?ll probably take it.?

###


Source: http://c.moreover.com/click/here.pl?r5661818068&f=378

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New Mexico Supreme Court reinstates death row inmate's appeal

SANTA FE, N.M. (AP) - The state Supreme Court has revived a legal challenge by a death row inmate.

The court reinstated a habeas corpus petition by Timothy Allen of Bloomfield, who was convicted of murder, kidnapping and attempted rape of a 17-year-old girl.

The killing occurred near Flora Vista in 1994. In a ruling earlier this month, the justices said a district court wrongly dismissed Allen's legal challenge as a sanction for refusing to answer deposition questions.

Allen seeks to overturn his convictions and death sentence.

He says his lawyers failed to do an adequate pre-trial investigation of his mental health background.

He contends he was abused as a child and suffers from psychiatric disorders.

The Supreme Court upheld Allen's convictions and sentence in 1999.

Robert Fry of Farmington also is on death row.

(Copyright 2011 The Associated Press. All rights reserved.)

Source: http://farmington.kob.com/news/news/104557-new-mexico-supreme-court-reinstates-death-row-inmates-appeal

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Monday, December 26, 2011

Tonight we light the fifth Hanukkah candle! What is Israel like on Hanukkah? Che...

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Source: http://www.facebook.com/IsraelMFA/posts/159201540851428

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Sunday, December 25, 2011

Tax cut survives: Congress votes holiday approval (AP)

WASHINGTON ? Barely beating Santa's sleigh, Congress delivered a last-minute holiday tax-cut extension to 160 million American wage-earners on Friday, just when it looked like they and millions of unemployed workers were going to be left with coal in their stockings.

It was a major yearend political victory for President Barack Obama, a big slice of humble pie for House Republicans and a blow to House Speaker John Boehner, R-Ohio, who'll have an angry band of tea party lawmakers to deal with when Congress returns to Washington next month.

Back-to-back voice vote approvals of the two-month special measure by the Senate and House came in mere seconds with no debate, just days after House Republican leaders had insisted that reopening negotiations on a full-year bill was the only way to persuade them to prevent a tax increase on Jan. 1.

Obama immediately signed the bill into law.

"I said it was critical for Congress not to go home without preventing a tax increase on 160 million working Americans and I'm pleased to say that they got it done," a buoyant looking Obama said at the White House before dashing off for his delayed holiday vacation to his home state of Hawaii.

Actually most lawmakers were long gone. A token few showed up to make approval official.

The legislation buys time for talks early next year on how to finance the year-long extensions ? negotiations that promise to be contentious, especially if Democrats continue to use Obama's jobs agenda to seek a political edge in the 2012 presidential and congressional campaigns.

The measure will keep in place a 2 percentage point cut in the Social Security payroll tax ? worth about $20 a week for a typical worker making $50,000 a year ? and prevent almost 2 million unemployed people from losing jobless benefits averaging $300 a week. Doctors will win a reprieve from a 27 percent cut in their Medicare payments, the product of a 1997 cut that Congress has been unable to permanently fix.

Republicans did claim a major victory, winning a provision that would require Obama to make a swift decision on whether to approve construction of the Canada-to-Texas Keystone XL oil pipeline, which could generate thousands of construction jobs. To stop construction, Obama, who had wanted to put the decision off until after the 2012 election, would have to declare it was not in the nation's interest.

On Friday, an expressionless Boehner read from a piece of paper before him, gaveled the House's last session of the year closed and stepped off the podium on the Democratic side.

Boehner had been open to the Senate's version of the legislation a week ago, even though it would have punted the issue into February and given Democrats a proven political issue. But tea party forces and some in his own leadership revolted, insisting on picking a holiday fight with Democrats, and Boehner felt no choice but to go along.

The battle turned out to be a loser for House Republicans, earning the ire of swing voters and many in the GOP establishment, but when Boehner capitulated on Thursday he then felt the lash from hard-core conservatives.

"Even though there is plenty of evidence this is a bad deal for America ... the House has caved yet again to the president and Senate Democrats," said Rep. Tim Huelskamp, R-Kan.

Meanwhile, Democratic Senate leader Harry Reid of Nevada did a victory lap, twisting the knife into tea party Republicans.

"I hope this Congress has had a very good learning experience, especially those who are newer to this body," Reid said. "Everything we do around here does not have to wind up in a fight."

A full-year extension of the tax cut had been embraced by virtually every lawmaker in both the House and Senate but had been derailed in a quarrel over demands by House Republicans. Senate leaders of both parties had tried to barter their own yearlong agreement a week ago but failed, instead agreeing upon a 60-day measure to buy time for talks next year.

House GOP arguments about the legislative process and what the "uncertainty" of a two-month extension would mean for businesses seemed lame to many people when compared to the consequences of raising taxes and cutting off jobless benefits in the middle of the holiday season, and Obama and the Democrats were hard on the offensive. House Republicans finally resorted to a technical fix and the fact that Reid would name negotiators on the GOP's yearlong measure as reasons to reverse course and embrace the Senate measure.

Friday's House and Senate sessions were remarkable. Both chambers had essentially recessed for the year, but leaders in both parties orchestrated passage of the short-term agreement under debate rules that would allow any individual member of Congress to derail the pact, at least for a time. None did.

The developments were a clear win for Obama. The payroll tax cut was the centerpiece of his three-month, campaign-style drive for jobs legislation that seems to have contributed to an uptick in his poll numbers ? and taken a toll on those of congressional Republicans.

The two-month version's $33 billion cost will be covered by a 0.1 percentage point increase on guarantee fees on new home loans backed by mortgage giants Fannie Mae, Freddie Mac and Ginnie Mae ? at a likely cost of about $17 a month for a homeowner with a $200,000 mortgage.

The top Senate Republican, Mitch McConnell of Kentucky, was a driving force behind the final agreement, imploring Boehner to accept the deal that McConnell and Reid had struck last week and passed with overwhelming support in both parties.

Even though GOP leaders including House Majority Leader Eric Cantor, R-Va., promised that the two sides could quickly iron out their differences, the truth is that it will take intense talks to figure out both the spending cuts and fee increases required to finance the longer measure.

Republicans want to shorten the maximum length of unemployment benefits from 99 to 79 weeks, freeze the pay of federal civilian workers and make federal workers contribute more into their pensions ? all ideas considered by the failed debt "supercommittee" this fall. The main provisions of the yearlong House measure cost about $200 billion, and the final version could cost more.

Reid signaled a hard line for the House-Senate talks by assigning Sen. Ben Cardin, D-Md. ? a strong advocate for federal workers ? to the Democratic negotiating team.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20111223/ap_on_go_co/us_payroll_tax

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California woman indicted on terrorism-support charges (Reuters)

ST. LOUIS (Reuters) ? A federal grand jury in Los Angeles has indicted a Turkish national on terrorism-support charges for allegedly wiring money to Pakistan to help fund attacks against American military personnel.

Oytun Ayse Mihalik, 39, of La Palma, California, a permanent resident of the United States, used Western Union to wire more than $2,000 from a grocery store in Buena Park to a person in Pakistan, prosecutors said late Wednesday. They also say she knew the money would be used for attacks on U.S. military personnel and other people overseas.

Court documents state that Mihalik, a pharmacist who worked at CVS, made three wire transfers - $750, $600, and $700 - to Pakistan in December 2010 and January 2011. They said the first wire was made in her name, but the latter two were made using the alias "Cindy Palmer."

While Mihalik printed the name "Cindy Palmer" as the sender of the final two wires, Western Union receipts reveal she always signed her real name, according to an affidavit filed by investigators.

The affidavit said that when sending the first transfer, Mihalik gave the Western Union agent a New York telephone number as her contact number. That number was linked to her husband's cellular phone.

It adds that investigators believe Mihalik's marriage, which led to her status as a permanent resident, was a sham.

Court documents do not identify the recipient of the alleged wire transfers, nor do they name any suspected terrorist organizations.

Mihalik has been in federal custody since she was arrested on a false statements charge on August 27 while preparing to board a flight to Turkey and with a one-way ticket, court documents state.

They said Mihalik told federal agents she did not intend to return to the United States and that she had called to say goodbye to her husband.

Mihalik's lawyer has denied the charges against her.

If convicted, she could face decades in prison.

Source: http://us.rd.yahoo.com/dailynews/rss/crime/*http%3A//news.yahoo.com/s/nm/20111222/us_nm/us_security_funding

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Saturday, December 24, 2011

India, China Solve Stapled Visa Issue; Put Off Border Talks

India and China sorted out their differences on the issue of stapled visas to Kashmiris leading to resumption of defence ties in 2011, a year which also saw postponement of key boundary talks and Beijing's unease over Indian efforts to improve ties with East Asian nations.

Source: http://www.biggerindia.com/politics/13604-india-china-solve-stapled-visa-issue-put-off-border-talks.html

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Quick Reboots, Facebook Tags, and Application Reminders [From The Tips Box]

Readers offer their best tips for restarting your machine mid-boot, tagging people on Facebook and Google+, and setting reminders that pop up every time you start an application.

Don't like the gallery layout? Click here to view everything on one page.

Every day we receive boatloads of great reader tips in our inbox, but for various reasons?maybe they're a bit too niche, maybe we couldn't find a good way to present it, or maybe we just couldn't fit it in?the tip didn't make the front page. From the Tips Box is where we round up some of our favorites for your buffet-style consumption. Got a tip of your own to share? Add it in the comments, email it to tips at lifehacker.com, or share it on our tips and expert pages.

Source: http://feeds.gawker.com/~r/lifehacker/full/~3/e55iGVltRFw/

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Friday, December 23, 2011

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Source: http://www.kaskus.us/showthread.php?t=12135897&goto=newpost

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Fincher repeats himself in overly familiar "Dragon Tattoo" (Reuters)

LOS ANGELES (TheWrap.com) ? I feel like the last person on earth not to have read Stieg Larsson's Millennium trilogy. Over the last few years, I've watched mystery buffs and non-readers alike lugging around the adventures of Lisbeth Salander before eagerly watching the Swedish film adaptations at the movies or on DVD, but the whole phenomenon has been a dog whistle that I never heard until seeing David Fincher's much-anticipated "The Girl With the Dragon Tattoo."

The result is a movie that is engaging almost from start to finish, although it's hampered by some significant flaws -- some, I can only guess, probably go all the way back to the source material. But much of the familiarity in the storytelling comes from Fincher himself, who seems to be rehashing concepts from his earlier successes "Seven" and "Zodiac."

Odds are, you know the story: Journalist Mikael Blomkvist (Daniel Craig) loses a libel lawsuit against a wealthy financier and faces personal and professional ruin. Unbeknownst to him, he's being thoroughly researched by computer hacker Lisbeth Salander (Rooney Mara) on behalf of corporate magnate Henrik Vanger (Christopher Plummer). Vanger hires Blomkvist ostensibly to write his memoirs, but what Vanger really wants is for Blomkvist to figure out what happened to Vanger's niece Harriet, who disappeared decades earlier.

Vanger's family is a creepy bunch indeed, riddled with internecine feuds and at least one former Nazi. And as Blomkvist investigates Harriet's disappearance -- eventually with Lisbeth's help -- he uncovers the trail of what appears to be a particularly vicious serial killer with a clear-cut M.O.

And that's where we start getting into "Seven"/"Zodiac" territory. Not that Fincher doesn't do this sort of thing extraordinarily well, but he has until now seemed like a director who can explore favorite themes without repeating himself. With "Dragon Tattoo," it feels like he's been sent on a lucrative arena tour that demands that he play his greatest hits over and over again.

Steven Zaillian's screenplay, like that of the recently-released adaptation of "Tinker Tailor Soldier Spy," has the onerous task of introducing us to a gaggle of characters -- there are at least a half-dozen Vangers for us to try and keep track of -- and manages to keep everything and everyone clear in the viewer's mind. (Even Larsson had to throw in a family-tree chart.)

Where Zaillian stumbles (and again, I'm assuming this goes all the way back to Larsson) is in the two lead characters -- Lisbeth Salander has become something of a pop-culture icon, but I didn't believe in her for a second, despite Mara's valiant attempts. She's a brilliant hacker with a photographic memory and is somehow able to accomplish anything she wants, except when it comes to her rapist social worker who attempts to exploit her before she gains the upper hand.

Blomkvist, on the other hand, seems like the most mealy-mouthed and inert investigative journalist who ever lived.

I would say that the utterly passive Blomkvist is the Lois Lane to Lisbeth's Superman, but that's not fair to Lois Lane; perhaps he's the Olive Oyl to her Popeye.

The other script flaw that also feels like the book's fault is the ending -- or rather, several endings, followed by a non-climax that reminds us that we've got two more sequels going.

On the technical side, everything about "The Girl With the Dragon Tattoo" is first-rate. Cinematographer Jeff Cronenweth gives the film a chilly visual crispness that's appropriate for the Scandinavian setting, and Fincher reteams "Social Network" composers Trent Reznor and Atticus Finch, who this time weave a perfect little symphony of dread throughout.

"The Girl With the Dragon Tattoo" provides all the jolts and forward motion that any good airport novel gives you, but this is the film equivalent of the book that kept you awake from Chicago to Baltimore, only you don't feel bad about leaving it on the seat next to you after you land.

Source: http://us.rd.yahoo.com/dailynews/rss/tv/*http%3A//news.yahoo.com/s/nm/20111220/tv_nm/us_dragontattoo_review

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Thursday, December 22, 2011

Should the United Kingdom leave the European Union?

Some aspects of the EU are very damaging to the UK. Particularly bad is employment. There is supposed to be free movement for everyone in Europe, but language means that everyone can take advantage of the UK without the UK doing likewise. I.e. English is widely known throughout Europe.

UKers can't do likewise because 1) they can't possibly know every little European language, 2) English is not close to any other major European language (unlike almost all continental languages) and 3) UKers don't have decent language experience anyway.

It's basically a con of the UK (and Ireland, all applies there too). Most jobs created since 1997 have not gone to UKers, while 90% of all jobs created last year have gone to people not born in the UK. This coincides with record levels of youth and graduate unemployment.

Of course this helps businesses in the short term, but damages the economy enormously by retarding the work-force, straining the benefit system, and sending earnings out of the country. It is so serious that it's probably reason enough to leave the EU.

Of course, there are other counter-balancing issues and the matter is delicate. The UK however is not ideologically committed to the EU, and like most other European countries is simply there for the economic benefits. It is not interested in the German stuff about eventual European unity either.

Personally I'm sympathetic to the Europeanism and want my own country (Scotland) to remain part of it if it is possible. I am suspicious however of the EU in its current form, and don't trust the politicians and political systems which are in control at its centre. The Euro? Suspicious too. Scotland is already screwed up enough having its economy geared towards London-interests, goodness knows what it would be like geared towards Berlin and Frankfurt. I tend to think the EU thing should start from scratch.

Source: http://forums.civfanatics.com/showthread.php?t=449578&goto=newpost

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Sunday, December 18, 2011

Zynga IPO Prices At $10, The Upper End Of Its Range, But Under The Last Private Round

zyngaZynga priced its IPO at $10 a share, according to Bloomberg and CNBC (bankers love to leak). The IPO, which is set for tomorrow, will be in the upper end of the $8.50 to $10 price range the company indicated previously in SEC filings. Zynga will sell at least 100 million shares, raising $1 billion at a $7 billion valuation. The valuation is about half of where early reports were speculating it would be, but Zynga lowered the price in the face of the tepid performance of other tech IPOs lately and general economic concerns weighing down the stock market. Even with the lower price, Zynga is poised to open trading with a bigger market cap bigger than LinkedIn, which currently is at $6.4 billion.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/caydnXGs5hU/

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ICC prosecutor: Gadhafi death may be war crime (AP)

UNITED NATIONS ? The chief prosecutor for the International Criminal Court said Thursday there are "serious suspicions" that the death of Libyan leader Moammar Gadhafi was a war crime.

Luis Moreno Ocampo told reporters after briefing the U.N. Security Council that he sent a letter to the head of the National Transitional Council asking what the government's plans are to investigate alleged war crimes by all parties, including the rebels.

The uprising against Gadhafi's 42-year rule erupted in February, quickly escalated into civil war, and ended in October with Gadhafi's capture and death in unclear circumstances. Witness accounts and video taken of the deposed dictator after his capture by rebel fighters show that he was beaten and abused by his captors, and there were strong indications he was killed in custody.

"The death of Moammar Gadhafi is one of the issues to be clarified ? what happened ? because there are serious suspicions that it was a war crime," Moreno Ocampo said.

He said what the ICC does on Gadhafi's death and other war crimes will depend on what Libya's interim government does because under the Rome statute that established the war crimes tribunal, the ICC only steps in if national authorities are unwilling or unable to act.

Moreno Ocampo said his office is working closely with Libyan authorities not only on Gadhafi's case but on those of his son, Seif al-Islam, and former intelligence chief, Abdullah al-Senoussi, who were captured and face ICC charges of crimes against captured for their roles in the uprising.

Libya's new leaders have said they will try Seif al-Islam at home even though they have yet to set up a strong court system. The ICC wants to be certain the government will be capable of putting on a fair trial for Seif al-Islam and al-Senoussi.

Moreno Ocampo said in an AP interview that the judges at the ICC have asked the National Transitional Council to inform them of their plans before Jan. 10. He said if the government challenges the ICC's jurisdiction, it will be up to the judges to decide where the two accused will be tried.

In the meantime, he said, his office is continuing its investigation.

"We are sure there were massive rapes, quite sure," Moreno Ocampo said. "We're trying to define who ordered them."

The Security Council referred incidents stemming from the Libyan uprising to the ICC and Moreno Ocampo said he promised the council that he would present his strategy for the continuing investigation of possible war crimes in his next report in May.

After Seif al-Islam's arrest, Moreno Ocampo flew to the Libyan capital late last month and met with government officials.

He said in an AP interview that the officials offered him the opportunity to meet Seif al-Islam. But he said he declined because Gadhafi's son would have needed to have a lawyer present and he had not asked to see the prosecutor.

Moreno Ocampo said the Libyan authorities told him it was "very important" to prosecute Seif al-Islam themselves for two reasons ? he is "the face of the old regime" and "they would like to show they can do better than with Moammar" and conduct a proper trial.

"If they can convince the (ICC) judges," Moreno Ocampo said, "we don't need to go and fight for a case."

Source: http://us.rd.yahoo.com/dailynews/rss/un/*http%3A//news.yahoo.com/s/ap/20111215/ap_on_re_us/un_un_international_court_libya

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Saturday, December 17, 2011

5 Quick Thoughts on the White House Decision Not to Veto Detainee Measure (Atlantic Politics Channel)

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, RSS and RSS Feed via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/174760615?client_source=feed&format=rss

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The Iraq War and the Steep Price of American Bravado (ContributorNetwork)

COMMENTARY | President Obama marked the end of the war in Iraq on Wednesday, December 14, but his salute of returning troops was no declaration of victory. Obama's low-key wrap-up of the war contrasts starkly with President George W. Bush's infamous "mission accomplished" celebration. That celebration, which marked the end of major combat operations, was full of the self-assured bravado that led us into the Iraq War.

Where is that bravado now?

Now, a decade past the "shock and awe" bombardment meant to lead to the Iraqi forces' quick collapse, it's fair to ask whether America's achievements were worth their steep cost.

The Iraq War did produce some desired results. America might not have found the weapons of mass destruction it insisted justified invasion, but it did -- along with its allies -- depose a ruthless dictator whose unpredictability destabilized the Persian Gulf. Connections between Al-Qaeda and Iraq now appear to have been largely puffery, manufactured to justify military action to the ordinary Americans who bore the cost, both economic and human, of the war and occupation. But America made clear to the world the lengths to which it would go to protect its security interests.

But do those achievements justify the 4,500 lost and 32,000 wounded Americans? Perhaps. The better question might be, do they justify the loss of 100,000 Iraqi lives and the possibly irreparable damage to America's status as global beacon for freedom and justice?

I recall sharing dinner with a friend shortly after the war's start. "This war will be the first crack in America's foundation," my friend told me. "One day we'll look back and see [the Iraq War] as the beginning of America's end."

Those comments still strike me as overstatements. But it's true that, due in large part to the Iraq War, America's reality has shifted. We fought a war we couldn't really afford, for a people whose allegiances we misjudged, based on tragically mistaken justifications, with an ill-formed exit strategy. Our actions at Abu Ghraib revealed to the world that Americans, too, are capable of cruelty. The deaths of 100,000 Iraqis will stain our political relations in the Gulf for generations to come.

The chief consequence of the war for Americans is that we have been forced to confront the reality that America is fallible, our security depends on international cooperation, and until we tend to our own democracy's blemishes, we have no business defining democracy for others.

I can't imagine that the destruction of so many lives was unavoidable. But if these are the tough lessons we've learned, I'm glad such painful losses won us something.

Source: http://us.rd.yahoo.com/dailynews/rss/iraq/*http%3A//news.yahoo.com/s/ac/20111216/pl_ac/10685165_the_iraq_war_and_the_steep_price_of_american_bravado

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Friday, December 16, 2011

Italian court explains ruling clearing Knox (AP)

MILAN, Italy ? The appellate court in Italy that cleared American student Amanda Knox in the slaying of her British roommate has released the reasoning behind its ruling.

The Perugia court said faulty evidence was used to build the case linking Knox and her Italian boyfriend to the slaying of 21-year-old Meredith Kercher, whose body was found in a pool of blood on Nov. 1, 2007.

Knox and Raffaele Sollecito had their guilty verdicts thrown out Oct. 3. Knox immediately returned home to Seattle, after four years in jail.

The appellate court released its 144-page reasoning for reversing the earlier verdict on Thursday.

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20111215/ap_on_re_eu/eu_italy_knox

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Cheerios Bee Gets Sexy Online, Company Apologizes


The Cheerios Bee likes to get down and dirty, apparently.

Thanks to some mischievous hacker/vandal, General Mills is scrambling to clean up a PR mess. Its website for kids is supposed to let them create their own Cheerios-themed cartoons, but someone got carried away and made an X-rated one.

Which made it to the top of the popular "Honey Defender" website. See below:

Cheerios

A rep for the cereal company says that, “We have some safeguards that are supposed to keep this from happening, but I guess it wasn’t set up with this game."

Guess not. That bee appears rather aroused.

The rep tells TMZ, "Normally, games where we allow viewers to spell out things themselves have safeguards that tell children they can’t type stuff like that in. Let’s just say this is no longer going to be the 'Hot Comic of the Week' much longer!”

Depending on your definition of hot, what could possibly replace it?

Source: http://www.thehollywoodgossip.com/2011/12/cheerios-bee-gets-sexy-online-company-apologizes/

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Tuesday, December 6, 2011

Bio–Jet Fuel Struggles to Balance Profit with Sustainability

News | Energy & Sustainability

Alternatives for aviation industry and the military pose issues related to land use, clearing peatland, fertilizer use, costs and more emissions


Image: Flickr/Simon_sees

DURBAN, South Africa?My share of the carbon dioxide my flight to Johannesburg emitted over 15 hours amounted to 1,391.3 kilograms, according to the helpful information provided by South African Airlines. Add a dollop of 53.8 kilograms of CO2 for the jet jaunt to Durban and you can see that the aviation industry?and the Durban climate talks?have an emissions problem.

In fact, flying now accounts for some 2 percent?and growing fast?of global greenhouse gas emissions, although the industry has pledged to stop that growth by 2020. According to the aviation industry, a full 80 percent of the roughly 650 million metric tons of CO2 annually emitted by aircraft are from those flying more than 1,500 kilometers (like my trip from New York City to Durban) for which there is no alternative mode of practical transport. And, given the energy density of kerosene, there really is no alternative to liquid fuel either?with the exception of lightweight solar-powered drones, electric planes cannot get off the ground. As for hydrogen, it is hard to carry enough of it and still have space for passengers, too.

That's why the U.S. military, a slew of airline companies, Boeing and others have invested heavily in jet fuel made from plants?the oils provided by weedy camelina or hardy jatropha shrubs or even algae. The fuels have successfully passed all trials?even delivering more thrust per gallon?and have now entered regular commercial use in the U.S. and Europe, promising to cut CO2 emissions by 80 percent, albeit at a premium price. The U.S. Federal Aviation Administration is giving out $7.7 million in contracts to such jet biofuel?makers.

"Everybody wants a solution to oil," says Jigar Shah, CEO of the Carbon War Room, an organization founded by Virgin Airlines founder Sir Richard Branson and others to combat climate change. "Aviation is where it's going to come first."

Unfortunately, there's a problem. As much as ethanol from corn turns out to be a bad biofuel idea, the climate-friendly value of these bio-jet fuels depends largely on how they are produced. A fuel made from palm oil turns out to be worse for greenhouse gas levels in the atmosphere than jet fuel refined from petroleum because it involves clearing rainforest or peatland. To help solve this problem, the Carbon War Room has launched RenewableJetFuels.org, which ranks all biofuel companies on sustainability, among other criteria.

"We need to ensure that these fuels are made in a way that doesn't put pressure on ecosystems that are already stressed," says Suzanne Hunt, who is leading the Carbon War Room's aviation effort. "They must not put pressure on food security and we must make sure the greenhouse gas reductions are real and verified."

Per the Carbon War Room's main criteria of scalability (Can it be made in bulk?); sustainability (Can it be made with minimal environmental damage?); and economic viability (Can it be made at a profit?), the top five producers include: Lanzatech,? SG Biofuels, AltAir, Solazyme and Sapphire?all of which have already provided biofuels to fly jets.

All of these fuels cost more than petroleum-based jet fuel. "For airlines, a third or more of the operating costs are fuel," Hunt notes, arguing that locking in bio?jet fuel at a consistent price will help airlines hedge that cost. "The E.U. including aviation under the cap [of its emissions trading program] is a major incentive."

Source: http://rss.sciam.com/click.phdo?i=14594c0e6ffb70b7078b80c79b13df97

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Monday, December 5, 2011

CFTC bans Corzine-style deals (Politico)

Financial regulators Monday banned the kinds of in-house deals that may have contributed to the the bankruptcy of MF Global and the downfall of Jon Corzine, the former New Jersey Democratic governor and senator whose ties to Wall Street once made him a possible contender to become the next Treasury secretary.

The Commodity Futures Trading Commission voted 5-0 on a rule stemming from the Dodd-Frank reforms that limits how futures brokerages can invest their customers? money.

Continue Reading

MF Global, where Corzine had served as the chief executive, is missing an estimated $1.2 billion in customer funds, though it?s unclear whether the brokerage siphoned off client money through repurchase agreements that are now forbidden by the rule. The agreements allowed the brokerage to borrow from its customers.

Corzine, among others, lobbied the CFTC earlier this year to postpone finalizing the rule, which also prevents brokerages from investing customer money in foreign sovereign debt.

?We proposed this rule in October 2010, and since then, I have consistently felt the CFTC needed to finalize it to ensure customer funds are protected,? CFTC chairman Gary Gensler, who worked with Corzine at the investment bank Goldman Sachs, said in his opening statement at a Monday commission meeting. ?This rule is important, but the agency will look at additional ways to enhance customer protections.?

MF Global and Corzine have emerged as prime targets for Republicans in Washington, with the House Agriculture Committee issuing a subpoena to have the former governor testify at a Thursday hearing. The House Financial Services Oversight and Investigations subcommittee will hold a separate hearing on December 15.

A tight budget might cause the CFTC to struggle implementing the rule, as Congress approved a $205 million budget for the agency - lopping more than $100 million off the 2012 request from President Barack Obama.

?Without funding, the CFTC simply does not have enough cops on the beat to patrol the high-crime area that Wall Street has become,? said Dennis Kelleher, president of Better Markets, a nonprofit advocating for greater transparency in the financial markets.

Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//us.rd.yahoo.com/dailynews/external/politico_rss/rss_politico_mostpop/http___www_politico_com_news_stories1211_69796_html/43810650/SIG=11m5tkbg1/*http%3A//www.politico.com/news/stories/1211/69796.html

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Video: Cain to make big announcement

NYT: Sandusky tells his side, denies charges

In a four-hour interview, Jerry Sandusky, in addition to denying charges that he molested young boys, shed light on several key aspects of the investigation and the actions, or inaction, of officials at Penn State University and the Second Mile charity.

Source: http://www.msnbc.msn.com/id/3036697/vp/45529566#45529566

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Sunday, December 4, 2011

Zynga IPO values company as high as $9.04 billion (Reuters)

(Reuters)- Zynga Inc, which plans to go public in two weeks, on Friday slashed its value by more than 30 percent to $9 billion, hoping to avoid the fate of other recent Internet IPOs that have disappointed after stock market debuts.

The pricing values the maker of Facebook games as high as $9.04 billion, whereas just two weeks ago a filing listed its value, based on a third party assessment, at $14.05 billion.

"Given what's transpired in the markets over the several months and overall macro uncertainly, it seems like Zynga is trying to take a practical and prudent approach to the deal to make it seem more appetizing to investors," said Robert W. Baird & Co analyst Colin Sebastian.

Shares of Internet companies Groupon and Pandora Media, both high profile IPOs, have slumped below their IPO prices. Some feared Zynga would find itself in a similar situation after some previous sky high valuations.

Zynga said in an updated filing on Friday that it plans to sell 100 million new shares, an 11.1 percent stake, at between $8.50 and $10 each. A Zynga spokesman declined to comment the IPO.

At the midpoint price, the Zynga IPO could raise $925 million, which would make it the largest by a U.S. Internet company since Google Inc raised $1.7 billion in 2004.

The updated filing with a price range kicks off the company's road show, in which Chief Executive Mark Pincus and Chief Financial Officer David Wehner will pitch the IPO to investors.

The road show starts in the mid-Atlantic region on Monday, with stops in cities including Chicago, Boston, New York, Denver and San Francisco. Zynga aims to set a final price on December 15 and the stock is scheduled to trade on Dec 16.

Five-year-old Zynga made its name with viral games such as "FarmVille," among the most popular on the Facebook social network. While Zynga's games are free to play, the company makes money from selling virtual items -- such as tractors and weapons -- that players then use in games.

Based on a fully diluted share count of 904 million, which includes existing shares and stock options, the IPO price values Zynga at $7.7 billion to $9.04 billion.

While Zynga's valuation has been cut from earlier estimates, Zynga would still be among the largest publicly traded U.S. game developers after it debuts on Nasdaq under the "ZNGA" ticker.

Video game developer Activision Blizzard Inc currently has the industry's highest market value, at $14.2 billion, followed by Electronic Arts Inc, at $7.7 billion.

Zynga's debut will follow IPOs this year from Groupon Inc and LinkedIn Corp that helped revive a market that had sputtered in recent years. Facebook is gearing up to go public next year.

With more than 260 million monthly active users on Facebook, Zynga has been adept at herding current players to its each new free game it releases. Zynga's unique paying players for the 12 months ended September 30 stood at about 7.7 million.

"We are now entering into the most active launch period in the history of the company. In fact, we now have more people working on new games, than existing games," said Chief Operating Officer John Schappert in an IPO road show video posted online on Friday.

PINCUS POWER

Pincus, a serial entrepreneur before he founded Zynga, will hold a class of shares with 70 times more voting power than the common stock that will be sold in the offering.

Such concentrated voting power in the hands of a CEO is rare, said Lise Buyer, founder of IPO advisory firm The Class V Group, who said that investors will have to "think long and hard" about the unequal voting rights.

A 10-1 voting structure with companies such as LinkedIn is more common, she said.

"Future shareholders should assume Zynga won't listen to them," Buyer said.

Deep-pocketed rivals from Walt Disney Co to Electronic Arts are starting to muscle in on Zynga's turf with Facebook games of their own.

The company said its IPO represented 14.3 percent of 699 million common shares, excluding restricted stock.

(Reporting by Liana B. Baker in New York and Brenton Cordeiro in Bangalore; Editing by Lisa Von Ahn)

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20111202/bs_nm/us_zynga_ipo

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