Wednesday, November 30, 2011

Iraq mulling U.S. bid to keep custody of detainee (Reuters)

ABOARD A U.S. MILITARY AIRCRAFT (Reuters) ? Iraqi authorities are weighing a U.S. request to allow the United States to retain custody of a captured Hezbollah operative, instead of handing him over to Baghdad by a December 31 deadline, the top U.S. military officer told Reuters on Wednesday.

Last week, the United States handed over all its remaining detainees in Iraq to the Iraqi government - with the notable exception of Ali Mussa Daqduq, who is suspected of orchestrating a 2007 kidnapping that resulted in the killing of five U.S. military personnel.

U.S. lawmakers fear Iraq will be unable to hold Daqduq, who was born in Lebanon, for long, warning Iraqi courts might be unable to convict him. U.S. officials have left open the possibility of bringing him to a U.S. facility for trial, perhaps by military commission or in a civilian court.

General Martin Dempsey, chairman of the Joint Chiefs of Staff, did not enter into the different legal scenarios being weighed for Daqduq but acknowledged in an interview that Iraqi authorities were still weighing a U.S. request for custody.

Reuters reported previously the United States was seeking to maintain custody of Daqduq.

"The last time I touched it, which is before I went on this trip, we were exactly where you just described: we had made several interventions. They were considering it inside their legal framework and they hadn't gotten back to us yet," Dempsey told Reuters as he flew back to Washington after a trip to London. He left for London on Sunday.

Dempsey noted the matter needed to be resolved by an end-of-year deadline. Asked by Reuters whether a decision might go down to the wire, Dempsey quipped, "Most things do."

(Reporting by Phil Stewart; Editing by Deborah Charles and Peter Cooney

Source: http://us.rd.yahoo.com/dailynews/rss/mideast/*http%3A//news.yahoo.com/s/nm/20111130/wl_nm/us_usa_iraq_detainee

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AP: McCready says can't return to Fla for court

FILE - In this undated file photo, country singer Mindy McCready performs in Nashville, Tenn. A missing persons report has been filed for McCready and her 5-year-old son Zander. The Department of Children and Families says the report was filed with Cape Coral Police Tuesday night after McCready took Zander from McCready's father's home. McCready doesn't have custody of her son ? her mother does ? and was allowed to visit the boy at her father's home. (AP Photo/Mark Humphrey, file)

FILE - In this undated file photo, country singer Mindy McCready performs in Nashville, Tenn. A missing persons report has been filed for McCready and her 5-year-old son Zander. The Department of Children and Families says the report was filed with Cape Coral Police Tuesday night after McCready took Zander from McCready's father's home. McCready doesn't have custody of her son ? her mother does ? and was allowed to visit the boy at her father's home. (AP Photo/Mark Humphrey, file)

(AP) ? Country singer Mindy McCready is in Nashville and says she will probably not be able to bring her 5-year-old son back to Florida to fulfill a judge's order ? because she is nearly 7 months pregnant with twins.

Speaking exclusively to The Associated Press, McCready said Wednesday that she and her mother have had a long custody battle over Zander. Her mother was awarded guardianship of the boy in 2007.

Florida Department of Children and Families said a missing person report was filed with police Tuesday night after McCready took Zander from her father's home.

On Tuesday, DCF discovered that McCready and the boy were not at her father's home and a judge ruled she must return the boy voluntarily by 5 p.m. Thursday or risk an arrest warrant.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/4e67281c3f754d0696fbfdee0f3f1469/Article_2011-11-30-US-People-McCready/id-2b87c4b17dd24d63b9bc4dd3e36bc035

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Roku 2 XS and XD Streaming Media Players Review

Roku recently updated their line of streaming media players, and they sent Julie their high-end Roku 2 XS with gaming remote to review. ?I had been in the market for a Roku for my living room TV so I could watch Hulu Plus on my big screen TV, so I bought myself a Roku 2. [...]

Source: http://the-gadgeteer.com/2011/11/28/roku-2-xs-and-xd-streaming-media-players-review/

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Palestinian cooks know that pizazz doesn't always mean better food

At an annual Palestinian cooking competition, the most successful competitors know that more spices and fancier ingredients don't always translate to more success.?

? A local, slice-of-life story from a Monitor correspondent.?

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It?s a national dish that women have cooked for centuries, but Palestinian chef Agustin Shomali says cooks can easily ruin maftoul.

?They go to extremes,? Mr. Shomali says. ?They think ?the more spices, the better.? ?

Shomali was one of five judges at the fourth annual Palestinian maftoul competition, held on a chilly Saturday in early November just outside Ramallah. About 200 people came to see and taste dishes made with the oversized, soft couscous hand-rolled with water and whole wheat flour.

Traditional Palestinian maftoul dishes feature chickpeas, chicken and broth, cumin, a dusting of cardamom ? and not too much else. But the 12 women vying for the $540 prize marshaled ideas from near and far. They added cauliflower, almonds, and even a snowman made of a hard-boiled egg atop an orange. Ultimately, sticking to tradition paid off for Naima Rayed, a mother of seven from a refugee camp outside Ramallah. She cooked a classic maftoul with plenty of chickpeas, pumpkin, and tomato. In addition to the prize money, Ms. Rayed will travel to an upcoming couscous festival in Italy.

Raed Saadeh organized the evening through the Rozana Association for rural tourism. He said the competition united women of scattered villages.

Source: http://rss.csmonitor.com/~r/csmonitor/globalnews/~3/DtgKVpO4_Tw/Palestinian-cooks-know-that-pizazz-doesn-t-always-mean-better-food

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Jackson doctor gets 4-year sentence, judge's ire (AP)

LOS ANGELES ? It was clear that Michael Jackson's doctor was going to get the maximum four-year sentence for involuntary manslaughter before the judge even finished speaking.

In a nearly half-hour tongue lashing, Dr. Conrad Murray was denounced as a greedy, remorseless physician who committed a "horrific violation of trust" and killed the King of Pop during an experiment.

"Dr. Murray created a set of circumstances and became involved in a cycle of horrible medicine," Judge Michael Pastor said in a stern voice.

Pastor said Murray sold out his profession for a promised fee of $150,000 a month when he agreed to give Jackson a powerful anesthetic every night as an unorthodox cure for insomnia.

Murray will likely serve less than two years in county jail, not state prison, because of California's overcrowded prisons and jails. Sheriff's officials said he will be housed in a one-man cell and be kept away from other inmates.

The tall, imposing Murray, who has been in jail for three weeks, was allowed to change into street clothes ? a charcoal gray suit and white shirt ? for court. But he wore prison-issue white socks and soft slippers.

Jackson's family said in a statement read in court that they were not seeking revenge but a stiff sentence for Murray that would serve as a warning to opportunistic doctors. Afterward, they said they were pleased with the judge's sentence.

"We're going to be a family. We're going to move forward. We're going to tour, play the music and miss him," brother Jermaine Jackson said.

After sentencing, Murray mouthed the words "I love you" to his mother and girlfriend in the courtroom. Murray's mother, Milta Rush, sat alone on a bench in the courthouse hallway.

"My son is not what they charged him to be," she said quietly. "He was a gentle child from the time he was small."

Of her son's future, she said, "God is in charge."

Murray, 58, was convicted after a six-week trial that presented the most detailed account yet of Jackson's final hours, a story of the performer's anguish over being unable to sleep.

Pastor was relentless in his bashing of Murray, saying the physician lied repeatedly and abandoned Jackson when he was at his most vulnerable ? under the anesthesia that Murray administered in an unorthodox effort to induce sleep.

"It should be made very clear that experimental medicine is not going to be tolerated, and Mr. Jackson was an experiment," he said.

Propofol is supposed to be used in hospital settings and has never been approved for sleep treatments, yet Murray acknowledged giving it to Jackson then leaving the room on the day the singer died.

As for defense arguments that Jackson tempted his own fate when he demanded propofol, Pastor said, "Dr. Murray could have walked away and said no as countless others did. But Dr. Murray was intrigued with the prospect of this money-for-medicine madness."

Pastor said Murray was motivated by a desire for "money, fame and prestige" and cared more about himself than Jackson.

The doctor was deeply in debt when he agreed to serve as Jackson's personal physician for $150,000 a month during his comeback tour. The singer, however, died before Murray received any money.

"There are those who feel Dr. Murray is a saint and those who feel he is the devil," Pastor said. "He is neither. He is a human being who caused the death of another human being."

Defense attorney Ed Chernoff implored Pastor to look at Murray's life and give him credit for a career of good works. "I do wonder whether the court considers the book of a man's life, not just one chapter," Chernoff said.

The judge responded: "I accept Mr. Chernoff's invitation to read the whole book of Dr. Murray's life. But I also read the book of Michael Jackson's life, including the sad final chapter of Dr. Murray's treatment of Michael Jackson."

Chernoff suggested that Murray is being punished enough by the stigma of having caused Jackson's death. "Whether Dr. Murray is a barista or a greeter at Walmart, he is still the man that killed Michael Jackson," he said.

A probation report released after sentencing said Murray was listed as suicidal and mentally disturbed in jail records before his sentencing. However, Murray's spokesman Mark Fierro said a defense attorney visited the cardiologist in jail last week and found him upbeat.

The judge said one of the most disturbing aspects of Murray's case was a slurred recording of Jackson recovered from the doctor's cellphone. His speech was barely intelligible and Murray would say later Jackson was under the influence of propofol.

Pastor suggested Murray might have been planning to use it to blackmail Jackson if there was a falling out between them. "That tape recording was Dr. Murray's insurance policy," Pastor said.

Defense attorneys never explained in court why he recorded Jackson six weeks before his death. In the recording, Jackson talked about the importance of making his shows on the comeback tour "phenomenal."

Jackson's death in June 2009 stunned the world, as did the ensuing investigation that led to Murray being charged in February 2010.

Murray declined to testify during his trial but did participate in a documentary in which he said he didn't consider himself guilty of any crime and blamed Jackson for entrapping him into administering the propofol doses.

"Yikes," the judge said. "Talk about blaming the victim!"

Murray's attorneys presented 34 letters from relatives, friends and former patients to win a lighter sentence. They described Murray's compassion as a doctor, including accepting lower payments from his mostly poor patients.

In their sentencing memorandum, prosecutors cited Murray's statements to advocate for the maximum term. They also want him to pay restitution to the singer's three children ? Prince, Paris and Blanket.

The exact amount Murray has to pay will be determined at a hearing in January.

In the meantime, sheriff's officials said Murray will serve a little less than two years behind bars. A recent change in California law requires Murray to serve his sentence in county jail rather than state prison.

District Attorney Steve Cooley said he was considering asking Pastor to modify the sentence to classify the crime as a serious felony warranting incarceration in state prison.

"This is going to be a real test of our criminal justice system to see if it's meaningful at all," Cooley said.

___

AP Entertainment Writer Anthony McCartney contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//news.yahoo.com/s/ap/20111130/ap_en_ot/us_michael_jackson_doctor

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Submarine springs offer preview of ocean acidification effects on coral reefs

Monday, November 28, 2011

Observations at submarine springs found along the coast of Mexico's Yucatan Peninsula are giving scientists a preview of the possible fate of coral reef ecosystems in response to ocean acidification.

The naturally low pH (a measure of acidity) in the water around the springs creates conditions similar to those that will result from the widespread acidification of surface waters that scientists expect to occur as the oceans absorb increasing amounts of carbon dioxide from the atmosphere. Ecological surveys around the springs found small, patchily distributed colonies of only a few species of corals, without the structurally complex corals that compose the framework of the nearby Mesoamerican Barrier Reef, one of the Caribbean's largest coral reef ecosystems.

A team led by scientists at the University of California, Santa Cruz, has been studying the submarine springs at Puerto Morelos near the Mesoamerican reef for the past three years. The researchers reported their findings in a paper published in the journal Coral Reefs (published online Nov. 20).

"This study has some good news and some bad news for corals," said coauthor Adina Paytan, a research professor in the Institute of Marine Sciences at UC Santa Cruz. "The good news is that some species of corals are able to calcify and grow at very low pH. The bad news is that these are not the ones that build the framework of the coral reefs. So if this is an indication of what will happen with future ocean acidification, the reefs will not be as we know them today."

The submarine springs, known as "ojos," occur along the eastern coast of the Yucatan Peninsula. Limestone "karst" landforms near the coast feature underground drainage systems that discharge brackish water at the ojos. The discharged water has lower pH than the surrounding seawater, and these conditions have existed for thousands of years. Lowering the pH affects the chemical equilibrium of seawater with respect to calcium carbonate, reducing the concentration of carbonate ions and making it harder for organisms such as corals to build and maintain structures of calcium carbonate.

Paytan's team monitored the pH and other conditions at ten ojos and conducted ecological surveys around each site. The researchers found that the number of coral species and the size of coral colonies declined with increasing proximity to the center of an ojo. Only a few species of hard corals were found in waters with the lowest carbonate saturation levels, closest to the ojos. These species are rarely major contributors to the framework of Caribbean reefs, but their ability to form carbonate skeletons in low-pH conditions warrants further study, Paytan said.

"We need to understand the mechanisms that allow these corals to calcify at these low-pH conditions. We should also make sure that the places where these species occur are protected," she said.

The low pH and low carbonate saturation near the ojos are comparable to the conditions scientists expect to see worldwide due to ocean acidification by the year 2100. Other conditions at the ojos are different, however, including somewhat lower salinity and high nutrient concentrations in the discharge water. Evidence from previous studies suggests that the low salinity is not responsible for the patterns seen around the ojos, since coral species that tolerate similarly low salinity occur in the region but were not found near the ojos. The high nutrient concentrations may benefit the corals, helping them compensate for the increased energy needed for calcification under low-pH conditions.

Elizabeth Crook, a graduate student in Earth and planetary sciences at UC Santa Cruz, is first author of the Coral Reefs paper. In addition to Crook and Paytan, the coauthors include Donald Potts, professor of ecology and evolutionary biology at UCSC, and Mario Rebolledo-Vieyra and Laura Hern?ndez at the Centro de Investigaci?n Cient?fica de Yucat?n. This research was funded by the National Science Foundation.

###

University of California - Santa Cruz: http://www.ucsc.edu

Thanks to University of California - Santa Cruz for this article.

This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.

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Source: http://www.labspaces.net/115502/Submarine_springs_offer_preview_of_ocean_acidification_effects_on_coral_reefs_

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Tuesday, November 29, 2011

Travis Barker Slams Los Angeles Police Officer On Twitter

Travis Barker Slams Los Angeles Police Officer On Twitter

A Los Angeles police official has asked drummer Travis Barker to come talk with them about a traffic stop over the weekend that prompted Barker’s [...]

Travis Barker Slams Los Angeles Police Officer On Twitter Stupid Celebrities Gossip Stupid Celebrities Gossip News


Source: http://feedproxy.google.com/~r/stupidcelebrities/~3/pzvJgLagsE4/

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Barney Frank's retirement: Proof Dems are scared of 2012? (The Week)

New York ? The liberal congressman becomes the 17th Democratic incumbent to pass on a 2012 re-election bid ? compared to just seven Republicans

House Minority Leader Nancy Pelosi (D-Calif.) says Democrats are aiming to regain control of the House of Representatives in 2012, but their mission is getting a lot harder. On Monday, liberal hero Rep. Barney Frank (D-Mass.) announced that he won't run for re-election, ending a colorful, 16-term career. Frank isn't alone. So far, 17 House Democrats have decided to bow out next year. Eight are going for bigger political jobs, but nine, including Frank, are simply retiring. Seven House Republicans are opting not to seek re-election, but every one of them is running for higher office. Are Democrats streaking toward the exits out of fear?

Yes. Democrats know they're in trouble: Barney Frank has "a massive amount of seniority," says Jazz Shaw at Hot Air, so he stood to gain "a lot of power and influence" if Democrats took back the House. He would "doubtless be back" if he thought Democrats could convince voters that they would do a better job than the GOP. Frank's "sudden exit" suggests that liberals, despite their bravado, "have pretty much given up hope" of winning with an unpopular President Obama topping their ticket.
"Barney Frank ? exit stage left"

This doesn't prove anything... yet: "It's not quite panic time for the Democratic Congressional Campaign Committee," says Aaron Blake at The Washington Post. Nine flat-out retirements is "still far less than the exodus that generally occurs after a party loses House control," as Democrats did in last year's midterms. Democrats might indeed give up hope if the economy gets worse and "Obama's numbers continue to languish," but, for now, "the jury is very much out."
"Barney Frank's exit signals growing Democratic retirements, but not yet an avalanche"

Republicans are the ones who should be worried:?Sure, many Democrats are retiring, says Celinda Lake at Politico. But new?Democratic candidates will still win most of these seats.?In fact, if Republicans had any sense, they'd be wishing for more retirements of their own. With the anti-incumbent fever rising this election cycle, Democrats want to run against entrenched GOP politicians "who have such an atrocious voting record and who are firmly tied to the failure of Congress."
"Barney Frank among more Dems to exit?"

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Source: http://us.rd.yahoo.com/dailynews/rss/oped/*http%3A//news.yahoo.com/s/theweek/20111129/cm_theweek/221895

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US, Europe risk another recession, report says

The United States and others must "be prepared to face the worst" as Europe slides toward another recession, according to a gloomy warning from the Organization for Economic Cooperation and Development.

Failure by EU leaders to stem the debt crisis that has spread from Greece to much-bigger Italy "could massively escalate economic disruption" and end in "highly devastating outcomes," the Paris-based OECD said in its latest bi-annual economic forecast on Monday.

Improved global prospects would also depend on the enactment of a credible medium-term fiscal program in the United States, it said.

"The global economy is not out of the woods," the report said.

It added that even the U.S. was at risk of returning to recession if "no action [was] agreed to offset the large degree of fiscal tightening implied by current law."

"This could tip the economy into a recession that monetary policy could do little to counter," it said.

It predicted Britain will slip back into a modest recession early next year, threatening to derail deep austerity measures there.

Story: Timothy Geithner, Barack Obama ramp up pressure on Europe over economic crisis

It also recommended an urgent boost top the EU bailout fund and called on Europe's central bank to do more to stem the crisis.

Global gloom
The OECD report was the latest in a series of increasingly gloomy forecasts, and comes as China's economy is slowing and Japan's exports are tumbling.

Eastern European countries are wobbling as credit dries up from a pullback in lending by eurozone banks.

In the United States, the improving economic picture has clouded somewhat after a mixed batch of economic data and downward revision to third-quarter growth to 2.0 percent doused some of the optimism for a strong fourth quarter. Consumer spending slowed in October and business investment weakened, showing a recovery that remains weak and vulnerable to shocks.

Against this uncertain backdrop, financial markets are volatile as European leaders fail to deliver any credible solutions to the sovereign debt crisis and U.S. lawmakers hit gridlock on slashing the budget deficit, further eroding business and consumer confidence and damaging growth prospects.

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The U.S. labor market epitomizes these problems.

Two years into a recovery in which corporate profits are robust, hiring should be rebounding sharply. But U.S. employment numbers due on Friday are expected to show an economy treading water, with 120,000 new hires in November, up from 80,000 the prior month but way below the level needed to improve the outlook.

"The trend has been fairly stable over the last five months, stuck at a level just about strong enough to absorb new entrants into the labor force, but not to reduce the unemployment rate significantly," said Jeoff Hall, economist at IFR Markets, a Thomson Reuters company.

In fact, large U.S. companies are showing new caution.

Boeing Co announced plans last week to shutter a Kansas factory that employs 2,100 as it prepares for U.S. federal budget cuts that will hit defense spending hard. Bank of America began sending lay-off notices last week to technology staff as part of plans to cut 30,000 positions over the next few years, and Wells Fargo & Co also began job cuts.

Whirlpool Corp, the world's largest maker of household appliances, reports softening demand worldwide, including fast-growing emerging Asia and Latin America, and is cutting about 5,000 jobs in North America and Europe.

Srinivas Thiruvadanthai, director of research at the Jerome Levy Forecasting Center, also is concerned that fiscal tightening in the United States ? from the roll-off of 2009 stimulus projects, cutbacks to city and state budgets and possible expiration of the payroll tax cut ? will further weaken the U.S. consumer, who accounts for the bulk of growth.

"Clearly Europe is in bad shape, and the global economic conditions are worsening too. If the U.S. consumer tires, the chances for recession are met," he said.

Since late September, the Levy Center has forecast that Europe's debt crisis will hit the United States through financial markets, its banks, weakened exports, lowered corporate profits and drag the United States into recession in 2012. Thiruvadanthai sees nothing to alter that picture.

European mess
European finance ministers meet again on Tuesday to review strengthening the region's bailout fund, seen only a month ago as the centerpiece for halting its debt crisis. But the sharp deterioration in eurozone debt prices, which sucked in Germany last week in a failed bund auction, has undercut how much the fund can be leveraged, leaving investors highly skeptical that politicians can use it to stem contagion.

Italy issues 8 billion euros in longer term debt on Tuesday. Two-year Italian paper already is priced a 8 percent, one full point above the yield considered affordable by a nation with a stalled economy. Belgium, downgraded from AA-plus to AA by S&P on Friday, raises cash a day earlier, with the cost of insuring its debt having hit a record level.

Goldman Sachs warned on Friday that the public sector funding problems, which are hurting bank profits, are restricting household and corporate credit in Europe. This "could turn the moderate recession we are forecasting into something more akin to the 2008/09 experience."

Ripples from the slowdown are felt as far away as Brazil. Its central bank is expected to lower interest rates on Wednesday for third time since August, by a hefty 50 basis points, to 11 percent.

For the United States, recession remains a minority view, though forecasts are being revised downward for 2012. The Institute of International Finance, for instance, noted near-term resilience in its latest forecast but storm clouds ahead.

As long as European leaders delay in delivering a fiscal union that can rescue the common currency, financial markets will remain in the driving seat and the growth picture shaky.

"The world is struggling along, with downside risks from a bust-up of the eurozone, or Greece, Italy and Spain leaving. It might be that Europe just runs out of time to fix its problems," said Paul Ashworth, economist at Capital Economics.

Reuters and msnbc.com staff contributed to this report

Source: http://www.msnbc.msn.com/id/45459405/ns/business-stocks_and_economy/

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Campaign under way to save zombie movie chapel (AP)

EVANS CITY, Pa. ? Horror movie fans are trying to save a southwestern Pennsylvania cemetery chapel featured in several scenes of the cult classic "Night of the Living Dead."

A sound engineer who worked on the 1968 George Romero film is trying to raise $50,000 to repair the chapel at Evans City Cemetery.

The cemetery association had planned to tear down boarded-up building but delayed those plans to see if Gary Streiner can come up with the money.

Cemetery association President Ron Volz tells the Pittsburgh Post-Gazette the building will have to come down if the fundraising effort falls short. Streiner has raised about $7,000 so far.

Streiner says he hopes the chapel could be used as a movie museum or rented out for events, like zombie-themed weddings.

___

Online:

http://www.fixthechapel.com

Source: http://us.rd.yahoo.com/dailynews/rss/movies/*http%3A//news.yahoo.com/s/ap/20111129/ap_on_en_mo/us_zombie_movie_chapel

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NASA launches super-size rover to Mars: 'Go, Go!' (San Jose Mercury News)

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

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/166785575?client_source=feed&format=rss

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Investing in Investigative - Digital Man

For some time now, there's been buzz that going "digital first" and producing quality journalism were mutually exclusive goals. I assume part of that is because companies that have gone "digital first" -- and few have done it as all-out as the Journal Register Company -- have been forced to reduce staff as part of making that move toward the future. Then again, so has just about every other newspaper in the United States, regardless of whether they've gone "digital first" or not. Reducing staff is not part of going digital; it's part of a natural re-sizing of newsrooms that's been made necessary by the new economics of media.

That's why I'm so excited about the re-organization of our newsroom at The New Haven Register: because it shows that you can address the needs of traditional journalism while still reorienting your newsroom toward the future.

Among the key elements of this re-organization are the creation of an investigative and in-depth reporting team, led by accomplished Register staffers Michelle Tuccitto Sullo and Mary O'Leary. This is the first time in 20 years that the Register will have a dedicated investigative reporting team. Additionally, we'll create new beats to better cover Yale University and issues relating to the Long Island Sound.

At the same time, we're still pushing to fundamentally change the way the Register newsroom operates. To achieve that, we've created an audience engagement team, led by Ed Stannard and Angela Carter, which will partner with readers, community groups and other key constituents in New Haven. Anyone who's spent five minutes with me knows how important I think audience and community engagement are. The balance of power in the publisher-consumer relationship has completely flipped in the past 15 years. It used to be local residents couldn't get by without reading their local paper. Now, thanks to an explosion of new sources and ubiquitous access to content, publishers need each individual consumer a hell of a lot more than they need us. So it's up to us to prove to our readers that we're relevant, and the first step in that process is to actually talk to them. We've already been doing that all across Journal Register -- most notably with the Open Newsroom Project at the Register Citizen in Torrington, Conn. -- but this formalizes it at one of our larger papers.

Breaking news is also tremendously important in a media world that is now permanently 24/7. So we've created a breaking news team that will be run by Cara Baruzzi. That team will focus on producing breaking news on all platforms, but also on providing the essential service of curating the best local information about New Haven. That means not just linking to the Register's own reporting, but linking to the work of its Community Media Lab members and other local news sources like the New Haven Independent.?

These moves, driven by Connecticut Group Editor Matt DeRienzo, set the Register up nicely to head into the digital future. And, yes, that digital future still does include traditional reporting and investigative journalism.

ALSO: Matt DeRienzo wrote an excellent post on this topic this morning.

Here's the press release:

New Haven Register Newsroom Reorganization Focuses on In-Depth, Investigative and Digital

Engagement Team Named to Lead Audience-Focused Initiatives

Monday, November 28, 2011

NEW HAVEN, CT ? Journal Register Company, a leading local news and information company managed by Digital First Media, announced today that The New Haven Register has formed an investigative team and engagement team as part of the Digital First newsroom reorganization.

?Quality journalism and digital journalism are not mutually exclusive,? said Jim Brady, Editor-in-Chief of Digital First Media. ?Our audiences demand quality stories and they expect to be able to consume those stories on the device and platform of their choosing. The structure we are putting in place in New Haven is one that will allow us to react to breaking news, dedicate journalists to in-depth reporting and to deepen the relationship with our audience.?

The changes to the Register?s newsroom included the creation of:

Investigative and In-Depth Reporting Team: Led by Michelle Tuccitto Sullo, a 14-year newsroom veteran who led coverage of FBI investigations into corruption in community government, and Mary O?Leary, who has 32 years as a reporter and editor at The Register, this team marks the first time in 20 years that The Register will have a formalized beat dedicated to investigative reporting. O?Leary will also devote time to in-depth ?explainer? format reporting to address topics facing the community and ?fact check? style reporting to determine the truth in statements made by public officials and newsmakers.

Audience Engagement Team: Angela Carter and Ed Stannard have been named Community Engagement Editors and will lead outreach efforts to listen to and partner with readers, including local organizations and neighborhood groups ? as well as growing The Register?s Community Media Lab. Carter, a Register staffer for 16 years, has spent much of her career as a city-side and business reporter and is also a member of Journal Register Company?s ideaLab. Stannard, who has worked at the Register for 21 years, has most recently served as Metro Editor and has covered religion and transportation issues. Angel Diggs, the Register?s librarian, will also join the Engagement Team as her role shifts from archiving the newspaper?s content to opening up those archives ? for the community to access and enrich and for the newsroom to bring to life on the web. Diggs has worked at the Register for 31 years.

Breaking News Team: Led by Cara Baruzzi, The Register?s former business editor, the Breaking News Team will serve all platforms including SMS, mobile and social media to meet audience demands that breaking news be delivered across all platforms. The Breaking News Team will also deliver a Connecticut-wide curated breaking news report by linking out to other information sources ? including The New Haven Independent, members of The Register?s Community Media Lab and sources traditionally viewed as competitors.

In addition to the creation of these teams, The Register is creating beats dedicated to coverage of Yale University and land use, business climate and environmental health of the Long Island Sound.

?With our digital audience being larger than our print audience we have to increase the number of audience touch points. Digital is real time and the audience expects us to respond in real time but being fast does not excuse you from the basic tenets of journalism,? said Matt DeRienzo, Connecticut Group Editor. ?The focus of this reorganization is to craft an agile, digital newsroom that focuses on journalism and creating content that is relevant to the lives of our readers.?

The staff reorganization follows other changes implemented by DeRienzo since being named as Connecticut Group Editor. The Register recently launched an expanded Fact Check Initiative where every article published on NHRegister.com includes a submission box where readers can report inaccurate or missing information. Corrections are published to The Register?s Fact Check Blog ? as well as noted in the original story.

?Digital is our primary publishing platform and we have to make sure we?re holding ourselves to the journalism?s standards,? said Mr. DeRienzo. ?We don?t want to make mistakes but when we do we will be transparent about them. Our audience deserve as much and demands as much.?

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Source: http://jimbrady.typepad.com/digital-man/2011/11/investing-in-investigative.html

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Monday, November 28, 2011

Rage grips Pakistan over NATO attack (Reuters)

ISLAMABAD/KABUL (Reuters) ? Fury spread in Pakistan Sunday over a NATO cross-border air attack that killed 24 Pakistani soldiers and could undermine the U.S. effort to wind up the war in Afghanistan.

Sunday night in Pakistan, more than 40 hours after the incident, many questions remained.

NATO described the killings as a "tragic unintended incident" and said an investigation was underway. A Western official and an Afghan security official who requested anonymity said NATO troops were responding to fire from across the border.

It's possible both explanations are correct: that a retaliatory attack by NATO troops took a tragic, mistaken turn in harsh terrain where identifying friend and foe can be difficult.

"All of this is extremely murky and needs to be investigated," said a U.S. official in Washington, who spoke on condition of anonymity. "Our goal today is ... that the investigation gets mounted in a way that is confidence-building on all sides."

Militants often attack from Pakistani soil or flee after combat across a porous border that NATO-led troops, under their United Nations mandate, cannot cross.

What is clear is the incident could undermine U.S. efforts to improve ties with Pakistan so that the regional power helps stabilise Afghanistan before NATO combat troops go home by the end of 2014.

The attack was the latest perceived provocation by the United States, which infuriated Pakistan's powerful military with a unilateral special forces raid that killed al Qaeda leader Osama bin Laden in May.

Thousands gathered outside the American consulate in the city of Karachi to protest against the NATO attack.

A Reuters reporter at the scene said the angry crowd shouted "Down with America." One young man climbed on the wall surrounding the heavily fortified compound and attached a Pakistani flag to barbed wire.

"America is attacking our borders. The government should immediately break ties with it," said Naseema Baluch, a housewife attending the demonstration. "America wants to occupy our country but we will not let it do that."

Pakistan buried the troops killed in the attack Sunday. Television stations showed coffins draped in green and white Pakistani flags in a prayer ceremony at the headquarters of the regional command in Peshawar, attended by army chief General Ashfaq Kayani.

The NATO attack highlights the difficulties faced by the United States as it tries to secure the unruly border area that is home to some of the world's most dangerous militant groups who have mastered the harsh mountainous landscape.

Around 40 troops were stationed at the outposts at the time of the attack, military sources said.

Militants targeting NATO forces have long taken advantage of the fact that the alliance's mandate ends at the border to either attack from within Pakistan or flee to relative safety after an attack.

Three Pakistani soldiers were killed last year by NATO gunships. NATO said then that its forces had mistaken warning shots from Pakistani forces for a militant attack.

In the latest incident, a Western official and a senior Afghan security official said NATO and Afghan forces had come under fire from across the border with Pakistan before NATO aircraft attacked a Pakistani army post, killing the soldiers.

"They came under cross-border fire," the Western official said, without identifying the source of the fire.

The Afghan official said troops had come under fire from inside Pakistan as they were descending from helicopters, which had returned fire.

Both officials asked not to be named because the attack is so sensitive.

Pakistan has said the attack was an unprovoked assault and has said it reserves the right to retaliate.

STRAINED RELATIONS

U.S. and NATO officials are trying to defuse tensions but the soldiers' deaths are testing a bad marriage of convenience between Washington and Islamabad.

Many Pakistanis believe their army is fighting a war against militants that only serves Western interests.

Foreign Minister Hina Rabbani Khar spoke with U.S. Secretary of State Hillary Clinton by telephone early Sunday to convey "the deep sense of rage felt across Pakistan" and warned that the incident could undermine efforts to improve relations, the Foreign Ministry said in a statement.

Pakistan shut down NATO supply routes into Afghanistan in retaliation for the incident, the worst of its kind since Islamabad uneasily allied itself with Washington following the Sept. 11, 2001, attacks on the United States.

Pakistan is the route for nearly half of NATO supplies shipped overland to its troops in Afghanistan. Land shipments account for about two thirds of the alliance's cargo.

A similar incident on Sept 30, 2010, which killed two Pakistani service personnel, led to the closure of one of NATO's supply routes through Pakistan for 10 days.

U.S. ties with Pakistan have suffered several big setbacks starting with the unilateral U.S. special forces raid in May that killed bin Laden in a Pakistani town where he had apparently been living for years.

Pakistan condemned the secret operation as a flagrant violation of its sovereignty, while suspicions arose in Washington that members of Pakistan's military intelligence had harboured the al Qaeda leader.

The military came under unprecedented criticism from both Pakistanis who said it failed to protect the country and American officials who said bin Laden's presence was proof the country was an unreliable ally in the war on militancy.

Pakistan's army, one of the world's largest, may see the NATO incursion from Afghanistan as a chance to reassert itself, especially since the deaths of the soldiers are likely to unite generals and politicians, whose ties are normally uneasy.

Pakistan's jailing of a CIA contractor, Raymond Davis, and U.S. accusations that Pakistan backed a militant attack on the U.S. embassy in Kabul have added to the tensions.

"From Raymond Davis and his gun slinging in the streets of Lahore to the Osama bin Laden incident, and now to the firing on Pakistani soldiers on the volatile Pakistan-Afghan border, things hardly seem able to get any worse," said the Daily Times.

Islamabad depends on billions in U.S. aid and Washington believes Pakistan can help it bring about peace in Afghanistan.

But it is constantly battling Anti-American sentiment over everything from U.S. drone aircraft strikes to Washington's calls for economic reforms.

"We should end our friendship with America. It's better to have animosity with America than friendship. It's nobody's friend," said labourer Sameer Baluch.

In Karachi, dozens of truck drivers who should have been transporting supplies to Afghanistan were idle.

Taj Malli braves the threat of Taliban attacks to deliver supplies to Afghanistan so that he can support his children. But he thinks it is time to block the route permanently in protest.

"Pakistan is more important than money. The government must stop all supplies to NATO so that they realise the importance of Pakistan," he said.

But some Pakistanis doubt their leaders have the resolve to challenge the United States.

"This government is cowardly. It will do nothing," said Peshawar shopkeeper Sabir Khan. "Similar attacks happened in the past, but what have they done?"

(Additional reporting by Zeeshan Haider in Islamabad, Izaz Mohmand and Aftab Ahmed in Peshawar, Imtiaz Shah in Karachi, and David Brunnstrom in Brussels; Writing by Michael Georgy; Editing by Peter Graff)

Source: http://us.rd.yahoo.com/dailynews/rss/india/*http%3A//news.yahoo.com/s/nm/20111128/india_nm/india607574

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Kyl: Gop May Not Support Extension Of Payroll Tax Holiday

November 27th 2011 2:02pm

The payroll tax holiday hasn't done anything to stimulate job growth so Republicans may not support extending the tax cut favored by President Obama and Democrats, at least in its current formula, a key GOP senator said Sunday.You're logged in as Account

From: www.foxnews.com

Source: http://www.octofinder.com/@/5cdf92e55c3342e2e48a211b4712565b

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Voices of finance: fund manager at asset management firm ...

We meet in Bonds Restaurant on Threadneedle Street in the heart of the City, a popular hangout for financial professionals. It is 10am and the place is deserted, with one eastern European waitress absentmindedly polishing a glass at the far corner of the bar. He is in his early 40s and has an easy laugh and a confident diction. He is wearing a collar but no tie and orders a green tea, which he almost forgets to drink.

"On the one hand I don't think the financial industry is so radically different from the rest of the business world. Other industries are organised as pyramids where everyone is trying to get to the top; no difference there. Then again in the financial industry we are working with other people's money. That is a real difference.

"What you might call Gordon Gekko wannabes, they usually don't last very long around here. Ego and testosterone actually may cloud your judgment. You really don't want machos who enjoy risk-taking for its own sake. Investing is all about risk, but it needs to be calculated risk, taken as part of a deliberate strategy. I don't have 'heroes', but an archetypical good fund manager is Warren Buffett. He uses plain language, can put things in a broader perspective and is a very good investor.

"What I do: pension funds entrust us money to invest in the stock market, hoping that my team can achieve better returns than the market. We are so-called value investors, with a 'horizon' of about three to five years. After a lot of homework we buy shares in companies we hope to sell half a decade later for a good profit. We are like marathon runners, where traders are more like sprinters ? they close their positions [sell all their stocks] at the end of each day.

"I'd say that asset managers like me come in two varieties. There are the hedge funds. They do what we do, investing in companies on the stock market, but they do hedging (eliminating specific risks) or shorting (speculating on a share falling in price) in addition to this.

"The second variety of asset managers is the one I am in, 'long only'. These take only long positions and hence invest, or speculate, only on shares going up. This may be seen as a bit more dull and dusty. Hedge fund managers typically don't work for larger institutions, but for smaller independent boutiques. They may dress more casually, and can be more eccentric in their presentation. I'd say typical fund managers have stable personalities, independent thinkers, who are also modest ? in this business you need to be well aware of everything you do not know. It's in the unknowns that risk resides.

"Our clients are institutional parties, professional organisations with lots of capital that invest their money with specific investment teams they have confidence in. Retail houses, fund managers that sell funds to the general public, tend to attract clients more on the basis of the house's name, its image in public opinion.

"For me there are two kinds of typical working days. When I travel to meet with a company's management team I get up really early to catch a flight to some place in Europe. Upon arrival we usually rent a car and often end up driving through some pretty desolate landscapes.

"Meetings are about two things: acquiring information, and sometimes delivering a message ? when we believe that the company should change some of its practices or policies. It's mostly the former, and the way you do that is pretty much the way you are interviewing me now. Put the other person at ease, lean backward slightly and begin by pleasantly asking a non-threatening question like: where do you see your company in three years? You take it from there. Ask open questions.

"Delivering a message is something we regularly do as well. This is the province of so-called activist investors. These come closest, I suppose, to your Gordon Gekko. Activist investors actually want the boardroom of a company to change course. For the board to do that, to come around to the view of an outsider, that requires charisma on the part of that outsider, as well as a lot intellectual persuasive power. There are not a lot of people blessed with both qualities.

"What company managers really hate during these interviews is when fund managers or analysts come over and only ask very detailed questions about the last quarter and/or, when fund managers or analysts fail to prepare. The latter happens a lot. Many fund managers are so spread out, they have hundreds of companies in their portfolios. They take no time to read up in advance, and end up spending their time asking questions like 'what is your company's product?' or 'who are your main competitors?' Managers appreciate not having meetings where they exchange basic information that investors can easily research for themselves.

"If it's a big company the meeting usually lasts an hour. Smaller companies may reserve more time, since they are also interested in learning things from us, as representatives of the financial markets. As fund managers we speak to many different people and companies; that's a perspective that can be very useful to a company's management somewhere in the European heartland. Good company managers are eager for feedback.

"So we travel a lot, but companies' boards travel themselves too. We call these 'road shows'. They have a message to deliver, and they come to London and do a tour past lots and lots of asset managers and analysts. I often prefer visits to the company by myself. Companies often do road shows when they have a nice story to tell rather than when there are issues that may be depressing their share price.

"The other kind of working day is when I don't travel. Traders and brokers have to be at their desks really early because they have to do be prepared to start calling clients and trading before the markets open at 8am. I don't, so I can have breakfast with my young children, and usually take them to the nursery ? then the tube, time I use to read the paper and check on my phone, to see what the markets are doing and if there's news flow; events that may affect the companies in our portfolio.

"The major part of a day I spend having meetings, basically. Meetings with representatives from companies, analysts, consultants, clients or potential clients, and internal meetings with the rest of the investment team. There may be conference calls, and I phone up lots of people. I spend also quite a lot of work reading company reports and broker research, and modelling company's valuations.

"Ultimately what you are after as a fund manager is what we call the underlying reality, the fundamentals of a particular company. What kind of returns can a company make? What kind of investment and growth opportunities are there? To what extent is management willing and able to take advantage of these opportunities? These key drivers determine the company's value. We then build a model that we can feed new developments into, to keep our assessment of the company's value and prospects up-to-date. Finally we have to follow the psychology of the markets, because not everyone invests like we do, with a five-year perspective. There's a lot of herd behaviour. Successful investors are contrarians, they go where others are not.

"A different category of meetings altogether is with potential clients. Winning new ones takes a long time, years really. As an investment team you typically need a track record of at least three years. Pitching to potential clients, you begin by introducing your investment house, trying to persuade them you're a professional and reliable lot. Second you lay out your investment philosophy; why would you be making money or in other words: why do you expect to be able to outperform the market? You will then typically explain how you have organised your research process, so you go over that, and then you introduce your team, their individual strengths and backgrounds. Finally you go through your track record, explaining why one year saw better returns than another.

"The best moments in this job? There is the game element. Basically, an investment is a hypothesis about the future value of a given company. You believe its share price will go up, and you test your hypothesis by taking a 'position' [buying the share]. Then when you are vindicated, that is really very satisfying. And yes, that means you make more money. In that respect, the money you make expresses the degree to which you have been successful at what you do.

"Another top moment in this job is when a client decides to trust you with a large sum of money to invest for them. It's a vote of confidence, and that feels great. Yes, it also means that my income goes up, because we get paid partly on the basis of the total amount of money under management. The more you manage, the more you get. But there's the sense of responsibility too, I mean, in the end we represent families, the people who paid into the pension fund whose money we are managing. One of the greatest pitfalls for fund managers is thinking we are more important than the clients whose money we are managing. That's why there are not a lot of Gordon Gekkos among us.

"Finally, great moments in this job are when your relationship with the company you have invested in has become so strong, and your insights into that company and the market it operates in have become so in-depth, that you end up almost in an advisory role. Obviously management knows its own company best, but you may bring a perspective from the capital markets. Say, we show the company that their current structure is 'suboptimal' as we call that, and we suggest that they sell off part of their operations and accelerate investments in their core business. If such discussions truly lead to value enhancing actions by the company, that is very rewarding.

"I'd say I work 50 to 60 hours a week. In my job it's not about the hours you put in, it's about results. I do work late a lot. Occasionally I take a taxi home, as the tube will have closed. We tend to use evenings to update our models of the companies we invest in; entering new numbers and data etcetera. That's the sort of stuff that is very difficult to get done during the day. There is always more you can know and find out. Often I can't help myself checking the latest on my Blackberry even during breakfast with the kids. This job is never finished."

Source: http://www.guardian.co.uk/commentisfree/joris-luyendijk-banking-blog/2011/nov/27/fund-manager-asset-management-firm

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