Tuesday, January 31, 2012

Kindle Fire No. 1 in Android tablet use: report

Amazon.com

By Athima Chansanchai

A new report analyzing app usage purports to show that, in just three months, Amazon's Kindle Fire has dethroned the Samsung Galaxy Tab as the top Android tablet ? at least when it comes to people actually spending time on their devices.

Flurry Analytics?compared application sessions among all Android tablets before and after the holiday season and found "that strong adoption of Kindle Fire, combined with significant downloads driven from the Amazon App Store, resulted in a massive surge in session usage that just edges out the Galaxy Tab. Unrounded, Kindle Fire represents 35.7 percent of sessions and Galaxy Tab represents 35.6 percent."

Flurry Analytics

The company estimates it tracks over 20 percent of all consumer sessions on more than 90 percent of all Android devices each day. That doesn't mean people are spending an exhaustive amount of time on apps, as "a session is defined as the launch and subsequent exit (or pause for more than 10 seconds) of an app." That could be one round of Angry Birds, for instance. ?

In terms of devices in users' hands, Flurry estimates "the active number of Galaxy Tabs in the market is at least twice that of the Kindle Fire," which would make sense since the former has been around in one version or another since November 2010. But the record-breaking outflow of 4 million Kindles in December?had something to do, no doubt, with the introduction of the Amazon tablet, though the company did not break out the models when it released those numbers.?

Practically ever since the Kindle Fire came out in November, research firms have been quick to predict its escalation in the non-iPad landscape, with one even going so far as to say it would be No. 2 after the iPad. Looks like those predictions are coming to pass.?

That has a lot to do, Flurry said, with Amazon's approach to the Kindle Fire, which isn't a straight-up Android tablet. Its apps come through the Amazon Appstore, it has its own browser (Silk) and it has a different configuration than other Android tablets (though users have decidedly different reactions to the home carousel, the tablet's home page format).

Amazon?s go-to-market strategy for the Kindle Fire is ground breaking among the Android guard. With its offering, Amazon takes the focus away from the device and operating system, emphasizing content, a differentiated consumer experience and commerce.?

Flurry's?analysis also revealed this: "the Kindle Fire drove over 2.5 times more paid downloads to consumers than the Samsung Galaxy Tab.? This shows that for tablets, the Amazon Appstore can already deliver more direct revenue to developers than the Android Market."

While the iPad is the undisputed tablet leader at 58 percent of the market share for the 27 million tablets shipped in 2011's fourth quarter, Android tabs made big gains to capture 39 percent, according to Strategy Analytics. In that report, tablets have made clear in-roads among the public, more than doubling from 10.7 million shipments by the end of 2010 to 26.8 million by the end of 2011.

Its research showed "global tablet shipments hit 66.9 million units in full-year 2011, surging 260 percent from 18.6 million in full-year 2010. Consumers are increasingly buying tablets in preference to netbooks and even entry-level notebooks or desktops."

More stories:

On Twitter, follow?Athima Chansanchai, who is also trying to keep her head above water in the?Google+?stream.

Source: http://technolog.msnbc.msn.com/_news/2012/01/30/10270395-amazon-kindle-fire-surges-ahead-in-android-tablet-use-report

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Ex UBS trader Adoboli denies fraud, faces trial (Reuters)

LONDON (Reuters) ? Former UBS trader Kweku Adoboli will stand trial in September after pleading not guilty on Monday to charges related to the loss of more than $2 billion on trades the Swiss bank says were unauthorized.

The trial, which is likely to shine a searching light on the adequacy of the bank's management and risk controls, could land Adoboli with a maximum 10-year jail sentence if convicted of the two counts of fraud and two of false accounting.

His lawyer Paul Garlick said Adoboli, who worked for the bank as a director of exchange traded funds in London, where the trial is being held, would try to win bail before it starts on September 3, nearly a year after his arrest.

The losses led to the resignation of UBS's former chief executive Oswald Gruebel and a shake-up of its investment arm to cut its exposure to risk.

Judge Alistair McCreath said the case was "of such magnitude" that there would have to be a long gap between the plea hearing and the start of the trial.

"An earlier trial would simply not be possible," he said.

Dressed in a grey suit and blue tie, Adoboli sat in the glass and wood-paneled dock at Southwark Crown Court, taking notes on a piece of paper. He thanked the judge before being led from the dock and back into custody at the end of the hearing.

Adoboli, the British-educated son of a retired United Nations official from Ghana, was arrested on September 15 and charged a day later.

"This puts the focus back on UBS, which is negative," said one banking analyst, who asked not to be named. "They did not provide a lot of detail about what happened, but a trial does mean more details on their risk systems and on their internal investigation will have to come out."

The case rocked an industry struggling with the euro zone debt crisis and a global economic slowdown.

UBS itself came close to collapse during the 2008 financial crisis because of its exposure to bad loans in the mortgage market. It cut thousands of jobs and received a state bailout.

Its recovery was then threatened by a U.S. government clampdown on banks helping Americans to dodge taxes.

In a statement after Monday's hearing, UBS said: "With active criminal proceedings, English criminal law limits what we can say about this incident, therefore UBS will not be commenting."

(Additional reporting by Martin de Sa Pinto in Zurich; editing by Steve Addison and Will Waterman)

Source: http://us.rd.yahoo.com/dailynews/rss/britain/*http%3A//news.yahoo.com/s/nm/20120130/bs_nm/us_britain_adoboli

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Monday, January 30, 2012

Super Bowl week begins, ice and snow no-shows (AP)

INDIANAPOLIS ? Patriots coach Bill Belichick could leave his familiar hoodies in the hotel drawer. There was no need to bundle up for the start of only the fourth Super Bowl week in a northern city.

Ice and snow? Notable no-shows.

Fans threw open their jackets as they walked around downtown streets near Lucas Oil Stadium on Monday, hoping to get a glimpse of a celebrity in town for the game between New England and the New York Giants. Temperatures in the mid-to-upper 50s were forecast for the start of the week, well above normal.

The sunshine felt so good that it made for a joke or two.

"I know the way we're preparing and the way we've controlled the weather, which is hard to do," Colts owner Jim Irsay said, smiling. "But we've had certain techniques that were going to keep hidden, and I hope they hold."

Already, it's way better than Dallas.

Weather is a major concern when the title game goes north, but some of the biggest problems came down south last year. Snow and 100 hours of sub-freezing temperatures snarled traffic and led to injuries when an icy patch fell off the stadium roof and hit six workers.

Indianapolis watched and prepared.

"You can have anything in Indiana," Super Bowl Host Committee spokeswoman Mel Raines said. "Our plan is intended for everything."

In its first three times at a northern exposure, the NFL's title game has experienced a little of everything.

The ground-breaking game came after the 1981 season in Detroit, a test of whether it would work outside the sunny climes of Florida, New Orleans, Texas and California. The week leading up to the game between the Bengals and 49ers included bursts of snow culminating in nasty conditions for game day.

Bored players passed the time that week by spinning their tires on the ice-covered hotel parking lot for fun.

"I think the biggest challenge was for guys not to get bored to tears," former Bengals offensive lineman Dave Lapham said. "We kind of felt cooped up, really. Guys talked about: What are we going to do? Ski? Ice skate? You could strap on skates and skate on the streets. There was nothing do to."

Traffic heading to the Silverdome in Pontiac, Mich., on game day got clogged by another burst of snow. Fans braved temperatures of 13 degrees and a wind chill of 21 below.

After that experience, there was talk that the league would never venture north again for a Super Bowl.

"I thought they'd stick to it, honestly," said Lapham, now a broadcaster for the Bengals. "But with the dynamic of people putting up more money for stadiums, they're going to reward communities."

Ten years later, the Bills and Redskins played for the title in Minneapolis, where the ground was covered with snow but the region handled it much more smoothly.

Then, the cold became a selling point for some Redskins players. Earnest Byner, Art Monk, Monte Coleman and Chip Lohmiller went ice fishing on Cedar Lake in 30-below wind chills. Byner caught a 4-inch perch using a wax worm.

The game returned to Detroit after the 2005 season and things went much more smoothly despite a little snow on game day, when the Steelers beat the Seahawks.

Last year's game in Dallas became an unexpected reminder of what can go wrong in winter, no matter where the location.

A snowstorm and 100 consecutive hours of subfreezing temperatures turned the Dallas area into an ice rink. Snow and ice fell from the roof of Cowboys Stadium, injuring six workers on the plaza below. Organizers had spread events around a 30-mile area to emphasize the regional support for the game, creating major travel problems when the weather went bad.

Indianapolis has done it differently.

Most of the Super Bowl events are clustered downtown, minimizing travel. Temporary structures for the Super Bowl festivities were fitted with wind gauges for safety. On Sunday, two tents at an NFL fan exhibit were closed for about an hour because of high winds.

The city removed parking meters from high-traffic streets downtown so snow could be easily pushed away. Twenty-four snow removal trucks were on call for the game, four times the normal amount. The host committee recruited "Super Shoveler" volunteers to help clear sidewalks if it snowed.

In some ways, it's a warm-up act for the first true cold-weather title game. The 2014 Super Bowl will be co-hosted by New York and New Jersey, played outdoors instead of in a dome during the middle of winter.

The logo for that game? A blue-and-white snowflake.

___

Associated Press sports writer Michael Marot and AP writer Carrie Schedler in Indianapolis contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/sports/*http%3A//news.yahoo.com/s/ap/20120130/ap_on_sp_fo_ne/fbn_super_bowl_weather

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Rumor of a Rumer: Was Daughter Present During Demi Moore Smoking Session?


Demi Moore was sent to the hospital earlier this week due to some kind of foreign substance inhalation. That's not in dispute.

But many are now asking just who was in the presence of this actress during the incident, specifically wondering: Was 23-year old daughter Rumer Willis actually there?!?

The chatter is based on the 911 call (below) placed on Demi's behalf, during which someone in Moore's party turns to someone else nearby and asks: "Hey, Ru. What's the name at the gate so that we can buzz them in from here?"

Willis often goes by this nickname, even using it for her Twitter handle, and other reports say she and her mother have been spending a lot of time together recently, including attendance at a party two weeks ago that featured a bizzare-behaving Moore.

Listen for the" Ru" reference now:

Source: http://www.thehollywoodgossip.com/2012/01/rumor-of-a-rumer-was-daughter-present-during-demi-moore-smoking/

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Sunday, January 29, 2012

Cambodia holds Senate elections; most can't vote

PHNOM PENH, Cambodia (AP) ? Cambodia Prime Minister Hun Sen's party was expected to sweep Senate elections Sunday in a vote that is closed to the general population and criticized for lacking credibility.

The country's 61-member upper house of Parliament is chosen by local officials and members of the National Assembly, or lower house. Two seats are appointed by King Norodom Sihamoni and two by the National Assembly.

At the last Senate election in 2006, the ruling Cambodian People's Party won 45 seats, followed by the royalist Funcinpec party with 10. Two seats went to the opposition Sam Rainsy Party.

The Senate has no power to amend or veto legislation and is widely seen as an ineffectual body that rubber-stamps bills from the lower house, which the ruling party dominates.

Associated Press

Source: http://hosted2.ap.org/apdefault/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-01-28-AS-Cambodia-Senate-Elections/id-4337e48a4b18487a99524a4daa25530b

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Jay-Z, Beyonce make Billboard industry power list (Reuters)

LOS ANGELES (Reuters) ? Power couple Jay-Z and Beyonce joined a list of top music executives, led by Live Nation Entertainment chairman Irving Azoff, on Billboard magazine's first Power 100 chart on Friday.

Only a handful of artists broke onto the list that sought to name the recording industry's most influential people and was dominated by businessmen and women. The selection was determined by a combination of money, market share, Billboard chart data and other information, and a team of 15 magazine editors analyzed the results to produce the list.

Both Jay-Z and Beyonce made it due to numerous ventures outside their singing careers including Jay-Z's Roc Nation music, management and entertainment company and Beyonce's sponsorship deals with brands such as L'Oreal. Collectively, they were placed at No. 13 on the Power 100 list.

Azoff has been at the helm of Live Nation Entertainment, a ticket sales and concert company, since 2008 and previously represented artists such as Christina Aguilera and Van Halen.

Just behind Azoff at No. 2 was Coran Capshaw, the founder and partner of Red Light Management, who helps run the careers of groups such as the Dave Matthews Band. Rounding out the top three was Universal Music Group's chairman and CEO Lucian Grainge.

Others on the list included Creative Artists Agency's managing partner and head of music Rob Light at No. 7 and Interscope Geffen A&M Records co-founder Jimmy Iovine at No. 10.

Rock band U2 came in at No. 27 along with their manager Paul McGuinness based on their ability to sell more than 7 million tickets to their last tour along with their prolific chart career. Fellow rocker Jon Bon Jovi clocked in at No. 50.

Country music star Taylor Swift, 22, made the list at No. 78 for being a "branding powerhouse" with her own management company and lucrative contracts with companies such as CoverGirl. Pop sensation Lady Gaga followed Swift at No. 84, picked for the sway she holds over millions of loyal followers on Facebook and Twitter.

The list held some surprises as "The X Factor" creator and television mogul Simon Cowell ranked last at No. 100, beaten by his former "American Idol" colleague, host Ryan Seacrest, who ranked No. 64.

Seacrest was placed higher due to his numerous ventures including his syndicated daily radio show, "American Idol" hosting gig, production company at NBC Universal and his newest venture to reshape HDNet as a pop culture TV network in collaboration with billionaire Mark Cuban, Creative Artists Agency and live entertainment company, AEG.

The full list can be viewed at Billboard.biz and in the upcoming issue of Billboard Magazine, on newsstands January 30.

(Reporting By Piya Sinha-Roy; Editing by Bob Tourtellotte)

Source: http://us.rd.yahoo.com/dailynews/rss/celebrity/*http%3A//news.yahoo.com/s/nm/20120128/en_nm/us_billboard_powerlist

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Saturday, January 28, 2012

Zimbabwe: Mystery deepens around general's death (AP)

HARARE, Zimbabwe ? A general in Zimbabwe burned beyond recognition in flames a police officer says didn't seem quite like other fires. Questions over possible arson. And fire trucks arriving without water.

As witness after witness testifies in the inquest into the death of Gen. Solomon Mujuru, the mystery has deepened around what happened in the last hours of a man who was power broker in President Robert Mugabe's divided party and the husband of the nation's vice president.

The proceedings began on Jan. 16 will conclude, but it's far from sure even after they're concluded whether Zimbabweans will ever know whether the death was an accident.

Mujuru's death last year intensified infighting in Mugabe's party, where the general was a powerful figure who used his military, political and business connections to promote his wife's battle for supremacy.

His widow, Joice Mujuru, has attended most sessions of the inquest dressed in black. She has hired private attorneys to question witnesses called by the state and to examine forensic reports. Soon after Mujuru's death at age 66, she told mourners she could not understand why the former army commander and veteran guerrilla leader did not escape from the fire. The farmhouse of brick and stone had a fire-resistant roof, large windows and exit doors.

During testimony Thursday, a senior power company official said no electrical fault could have caused the fire that killed Mujuru at his farmhouse outside Harare. Chief firefighter Clever Mafoti said Wednesday that two fires broke out that night at the farmhouse, and that if an electrical fire was discounted, arson could not be ruled out.

Reports first circulated that a candle started the intense blaze, but that has since been rejected as unlikely.

Police officer Clatwell Garisai has told presiding magistrate Walter Chikwanha rescuers dumped 10 buckets of water to douse flames on the general's remains that were "different in color from the flames in the surrounding area." The police officer testified he saw "bluish flames" rising from the general's body.

State attorneys have submitted other testimony that Mujuru, widely known as a heavy drinker, may have been drunk. He was said also to have stored agricultural chemicals in the house.

Mujuru, a former guerrilla leader and Zimbabwe army commander, was known to carry firearms. Police say 15 weapons were found damaged by fire in the house, including his pistols and an assault rifle.

Mujuru's remains were buried Aug. 20 at a state funeral in Harare. For the first time at a state funeral, the coffin was sealed.

Crispen Makedenge, a police inspector, said Thursday the remains were little more than soot. They were not positively identified as Mujuru's by DNA tests in South Africa until at least three weeks after the funeral, Makedenge said.

Mafoti, the firefighter, said his team arrived late at the farmhouse, located some 60 kilometers (35 miles) southwest of Harare, and without water because their fire trucks' water tanks leaked.

"It is not normal to go to a scene without water, but we were ill-prepared," he said.

Police guarding the house, who have admitted sleeping on duty, said the local police station did not have a vehicle to send help.

Public and emergency services have been hard hit in the nation's decade-long economic crisis. The nation also suffers daily water and power outages.

The hearing is expected to continue through next week.

Source: http://us.rd.yahoo.com/dailynews/rss/africa/*http%3A//news.yahoo.com/s/ap/20120127/ap_on_re_af/af_zimbabwe_general_s_death

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Friday, January 27, 2012

Somali Pirates Move American Hostage After Navy SEAL Raid

MOGADISHU, Somalia ? Pirates moved an American hostage at least three times in 24 hours and threatened Thursday to kill him after U.S. Navy SEALs rescued an American and a Dane in a bold, dark-of-night raid that raises questions about whether other Western captives are now in greater danger.

"If they try again, we will all die together," warned Hassan Abdi, a Somali pirate connected to the gang holding the American, who was kidnapped Saturday in northern Somalia.

"It's difficult to hold U.S. hostages, because it's a game of chance: die or get huge money. But we shall stick with our plans and will never release him until we get a ransom," Abdi said.

U.S. Navy SEALs parachuted into Somalia early Wednesday and hiked to where captors were holding 32-year-old American Jessica Buchanan and Poul Hagen Thisted, a 60-year-old Dane. A shootout ensued and nine captors were killed. Buchanan, Thisted and the U.S. troops were all unharmed. The two aid workers had been kidnapped by gunmen in October while working on demining projects for the Danish Refugee Council.

Buchanan and Thisted were flown to the U.S. Naval Air Base at Sigonella on the Italian island of Sicily to undergo medical screenings and other evaluations before heading home, a U.S. defense official said. Buchanan's family was meeting her at the base, which is the hub of U.S. Navy air operations in the Mediterranean.

The U.S. government said the raid was prompted by Buchanan's deteriorating health. An ailing Frenchwoman kidnapped by Somali gunmen died in captivity last year after not having access to her medication.

In the aftermath of Wednesday's rescue, the gang holding the American kidnapped in the northern town of Galkayo have moved him three times, Abdi said.

"Holding hostages in one place is unlikely now because we are the next target," he told The Associated Press by telephone.

He also expressed concern that the U.S. has pirate informants.

"It wasn't just a hit-and-run operation, but long planned with the help of insiders among us," Abdi said, noting that the Americans struck at a time when the pirates were least on their guard.

U.S. State Department spokesman Victoria Nuland said U.S. officials have been in contact with the family of the latest American kidnapping victim.

"We are also working with our contacts in Kenya and in Somalia to try to get more information," Nuland told reporters in Washington.

"Obviously we condemn kidnapping of any kind and call for the immediate release of the victims ? any victims. We also would note that our travel warning for Somalia does caution U.S. citizens about the risk of travel."

Other hostages held in Somalia include a British tourist and two Spanish aid workers seized in neighboring Kenya, a French military adviser and 155 sailors of various nationalities hijacked by pirates at sea.

The aid group Doctors Without Borders, known as Medecins Sans Frontieres, employed the two Spanish women. The group said it was pleased that Buchanan and Thisted were freed and was seeking the release of its workers, Montserrat Serra and Blanca Theibaut. It hinted, though, that it views military raids as risky.

"MSF strongly favors the nonviolent resolution of such cases, as the use of force endangers the lives of the hostages and may result in the tragic loss of human lives," the group said. "We call upon the Somali population, especially the local authorities in control of the areas where the two are held, to do everything in their power to assist in their safe release."

It's not always clear what group is holding a captive in Somalia, and hostages have sometimes been sold from one gang to another. Captives can be held for long stretches: Two journalists from Canada and Australia were held for 15 months before being released in 2009, and the French military adviser has been missing for more than two years.

The security community is divided over whether the U.S. raid would make life more difficult for the other captives or whether the killings of the nine captors might make pirates think twice about launching future operations, a Western official in Kenya said. He spoke on condition of anonymity because he was not authorized to speak to the media.

On Wednesday evening, hours after the U.S. military raid, the gang holding the American hostage started circulating false rumors that they had executed him.

Another security official who has years of experience in the region said it was likely the men holding the American would move him onto a ship with other foreign hostages, because ships were easier to defend and planning rescue operations is more complicated when hostages from other countries are involved.

At least one pirate agreed with his analysis.

"I think land captivity is going to end now. Sea is much safer," pirate Mohamed Nur said by phone from the coastal town of Hobyo. "Even ships are not very safe, but you can at least hit back and resist."

Americans have been captured by Somali pirate gangs before. In 2009, the cargo vessel Maersk Alabama was briefly hijacked before pirates took to the lifeboat with the ship's captain, who was rescued after Navy sharpshooters killed the pirates.

But in a sign that pirates are getting increasingly violent ? and perhaps jittery ? four Americans onboard a hijacked yacht were killed last February. It's still unclear why the hostages were shot.

Several senior pirates condemned Wednesday's U.S. raid, which was authorized by President Barack Obama, and at least one warned that other U.S. hostages might suffer as a result.

"They send hit squads and kill all they want, so there is no way we will care for their (hostages) while they are killing us. They will see the aftereffects and reap the results of their actions," said Bile Hussein, a Somali pirate commander.

A spokesman for Somalia's U.N.-backed government said the pirates got what they deserved.

"Pirates have no place in our society," Abdirahman Omar Osman told the AP. "This is a huge and unforgettable lesson for them."

___

Associated Press writers Jason Straziuso and Katharine Houreld in Nairobi, Kenya, and Matthew Lee in Washington contributed to this report.

___

Follow Katharine Houreld at http://twitter.com/khoureld

Related on HuffPost:

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Source: http://www.huffingtonpost.com/2012/01/27/somali-pirates-move-american-hostage_n_1235737.html

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Kindle Fire gets its own Hotmail app

John Brecher / msnbc.com

By Suzanne Choney

Hotmail users who own Amazon's Kindle Fire now have their own app for the Microsoft email program. If it sounds weird to think of a Windows app on Android, it's not; it's smart business, and Microsoft has done the same with many of its programs for iOS, Apple's mobile operating system, as well as for Android mobile devices.

The Kindle Fire is Android-based, but Amazon has its own app store and approval system for apps that make it onto the Kindle Fire. Apple, Android, Amazon ?no matter, says David Law, director of Hotmail product management.

"We think it?s critical that our customers can use Hotmail from any device they choose," wrote Law on a Windows Live blog announcing Hotmail for the Kindle Fire. (Msnbc.com is a joint venture of Microsoft and NBCUniversal.)

"In addition to making Hotmail work great on devices running Windows, we?ll continue to invest in great experiences on other major device platforms," Law wrote. "The recent release of iOS5 and our Hotmail application for Android has made it even easier to use Hotmail on those devices, and the result has been over 12 million active Hotmail users on iOS and over 3 million active users of our Android application."

While you can get to Hotmail via the Kindle Fire's Amazon Silk Web browser, the free Hotmail app for Kindle Fire should offer some advantages, he said.

"Whereas the native Kindle application simply downloads your mail via POP3, with the new Hotmail app you can sync all your mail, contacts, folders, and subfolders via the more robust Exchange Active Sync protocol."

You can download the app at the Kindle store here.

Related stories:

Check out Technolog, Gadgetbox, Digital Life and In-Game on?Facebook,?and on Twitter, follow Suzanne Choney.

Source: http://gadgetbox.msnbc.msn.com/_news/2012/01/25/10234781-kindle-fire-gets-its-own-hotmail-app

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Thursday, January 26, 2012

Dropped heart successfully transplanted in Mexico

A heart that was dropped on the ground while being transported to a hospital has been successfully transplanted into a 28-year-old hair stylist.

However Dr. Jaime Saldivar said Erika Hernandez doesn't yet know that her new heart made national news when a medic stumbled and the plastic-wrapped heart tumbled out of a cooler onto the street two weeks ago.

Saldivar said it would be up to the family to tell her.

Video: Watch the moment the heart fell out (on this page)
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A rosy-cheeked Hernandez spoke briefly with reporters on Tuesday and thanked the donor's family, saying "I have no words to express what I'm feeling right now."

Hernandez was born with a congenital heart defect. She received the heart of a man who died in a car accident.

The heart was taken from Guanajuato state to Mexico city, a distance of 280 miles, traveling in an ambulance, then a plane, and then a helicopter, according to The Guardian newspaper. The nation's media followed every step of the journey.

'Rapid, precision maneuver'
Mexico City police had described the operation to deliver the heart as a "rapid, precision maneuver."

Everything appeared to be going smoothly as traffic was stopped to allow the helicopter to land near the hospital.

However, after leaving the helicopter one of the two medics wheeling the cooler that contained the plastic-wrapped heart stumbled.

The lid of the cooler came off and the heart fell out onto the street.

Story: Heart patients have higher hospital readmission rates

The medics are seen on video hurriedly pushing it back inside, leaving some ice packs behind, and continuing the short journey to the hospital.

In one of the more printable online comments made after the incident, newspaper reader Christian Sabido said that, "Anybody can make a mistake, but with this type of thing you should be careful."

At the time, doctors said the transplant operation had gone ahead, but added that they wanted to wait to confirm it had been successful.

The Associated Press contributed to this report.

Source: http://www.msnbc.msn.com/id/46127543/ns/world_news-americas/

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Watch: GOP Members on State of the Union (ABC 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 Stories, News Feeds and News via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/190998028?client_source=feed&format=rss

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Wednesday, January 25, 2012

Obama tax ideas face long odds ahead of election (Reuters)

WASHINGTON (Reuters) ? President Barack Obama's bid to get millionaires and multinational companies to pay more taxes may play well with many voters but it faces long odds in the deadlocked U.S. Congress.

Obama used his State of the Union speech on Tuesday to press the case for a new minimum 30 percent tax on Americans earning more than $1 million a year and for tougher treatment of corporations that move jobs out of the United States.

At the same time, he called for tax credits to lure jobs back to the United States.

"Right now, companies get tax breaks for moving jobs and profits overseas," Obama said. "Meanwhile, companies that choose to stay in America get hit with one of the highest tax rates in the world."

Obama, facing a tough re-election campaign, for several years has called for steeper taxes on corporations' foreign profits and closing what he calls tax loopholes that also benefit multinational companies.

Most of these ideas have stalled for years in Congress - even some Democrats say they can wait for a complete overhaul of the tax code.

A tax lobbyist affiliated with Democrats said real debate over the proposed tax changes would have to wait until after the November 6 presidential and congressional elections.

"They would only likely stand a chance in a broader corporate tax reform debate and I just don't think that tax reform is in the cards," the lobbyist said.

Obama and Republicans both say the tax code needs a major rewrite and lawmakers are laying the groundwork for such a reform, but the process is expected to take years. The 35 percent U.S. corporate rate is among the highest in the world and critics say it harms business competitiveness.

Obama is calling for a number of tax policies that could in theory appeal to Republicans, in the name of boosting the flagging economy. For example, he wants to trim tax rates for manufacturers and double a tax deduction for high-tech manufacturing - ideas that might gain some bipartisan backing.

But even that is unlikely in the current environment.

"Tempted as they may be by more tax cuts, anything that smacks of a deal with Obama, or a victory for Obama, especially one that undercuts their theme - however detached from the reality - that Obama is a tax-increaser, will be reflexively resisted by Republicans in both houses," said Norm Ornstein, a congressional watcher at the conservative American Enterprise Institute.

BUFFETT RULE

Probably the biggest tax change Obama outlined is a revamp of what he has called the Buffett rule, named for billionaire investor Warren Buffett, to ensure the wealthy pay what he calls a fair share of taxes. Obama proposed a minimum 30 percent tax on millionaires, and eliminating many tax deductions for them - including for housing, healthcare and childcare.

Buffett's secretary - famous for her boss's observation that she pays a higher tax rate than he does - sat in the congressional gallery as a guest of the White House to underscore the point.

A minimum 30 percent tax rate would be about twice the tax rate paid by Republican presidential candidate Mitt Romney in the past two years, according to filings he released on Tuesday.

Lower tax rates enacted under former Republican President George W. Bush are set to expire at the end of this year, setting up a fight over extending them in late 2012.

Obama and Democrats want to let the lower rates for the wealthy expire. Obama said given steep budget deficits, Americans face a choice.

"Do we want to keep these tax cuts for the wealthiest Americans? Or do we want to keep our investments in everything else?" Obama asked.

The top individual income tax rate is now 35 percent, but the superwealthy can enjoy lower rates in some cases if they earn most of their income from investments - as does Romney - which are subject to a 15 percent rate.

A version of Obama's so-called Buffett rule has been promoted by Democrats in Congress as a way to pay for extending the payroll tax cut, but has no chance of passing.

Obama had previously proposed limiting deductions for wealthier Americans to a certain percentage of their income, but he went further in Tuesday's speech to advocate cutting out certain tax breaks completely for millionaires.

Even before Obama spoke, Republicans were blasting the speech as a campaign event.

"No Bailouts, No Hand-outs, And No Cop-outs," read one congressional Republican press release.

(Editing by Mohammad Zargham)

Source: http://us.rd.yahoo.com/dailynews/rss/uscongress/*http%3A//news.yahoo.com/s/nm/20120125/ts_nm/us_usa_obama_speech_taxes

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Liam Neeson Talks The Grey and Taken 2

Liam_Neeson_The_Grey_Taken_2_interview_slice

With director Joe Carnahan?s (Narc, Smokin? Aces, and The A-Team) awesome survival-action flick The Grey opening this weekend, I recently got the chance to talk with the cast.? Starring Liam Neeson, Dallas Roberts, James Badge Dale, Dermot Mulroney, Frank Grillo, Nonso Anozie, and Joe Anderson, The Grey is about a group of oilmen who have crash landed in the hunting zone of a rogue pack of wolves in the Alaskan tundra.? If you?re a fan of the cast, Carnahan, or just well made movies, The Grey will not disappoint.

During my interview with Neeson we talked about the challenges of making the film, how he got involved in the project, how many takes he likes to do, and which movie more people want to talk about when the meet him: Love Actually, Batman Begins or Star Wars.? In addition Neeson we talked about how filming on?Taken 2 has been going, and if they feel any pressure after the first film was both a commercial and critical hit.? Hit the jump to watch.

Finally, for fans of Christopher Nolan?s Batman movies, I wore the Bane viral Dark Knight Rises t-shirt to see if I could get a reaction out of Neeson.? After all, you never know if he could be in a flashback.

Liam Neeson

  • We talk about my Bane Fire Rises Dark Knight Rises t-shirt?
  • Do more people want to talk about Love Actually, Batman Begins or Star Wars when they meet him
  • How did he get involved in The Grey and the challenges of making it
  • How many takes does he like to do
  • Taken 2 talk. How has the shoot been going and do they feel any pressure on the sequel as the first film was both a commercial and critical hit

Source: http://www.rottentomatoes.com/m/1924368/news/1924368/

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Newt Gingrich wins South Carolina. Can he do the same in Florida?

Mitt Romney, recently seen as the GOP establishment candidate with an aura of ?electability? about him, had to settle for second place. Now it's on to Florida and two important debates.

In a remarkable turn-around from his lackluster performance in the first two presidential nominating contests, Newt Gingrich won a very clear victory in South Carolina Saturday evening.

Skip to next paragraph

Mitt Romney, until very recently seen as the Republican establishment candidate with an aura of ?electability? (if not ?inevitably?) about him, had to settle for second place. In the end, it was the best he could expect after a week in which he stumbled in debates and slid rapidly downward in the polls.

The results so far this primary season ? Rick Santorum winning Iowa, Mitt Romney taking New Hampshire, and Newt Gingrich surging to win South Carolina ? indicate what could be a wide-open race, at least for the next few contests. It?s the first time in modern GOP primary history that three different candidates won those three states.

RECOMMENDED: Newt Gingrich: 8 of the GOP idea man's more unusual ideas

"We are now three contests into a long primary season," Romney said in what was essentially a concession speech in which he congratulated Gingrich for the former House speaker?s first-place victory Saturday, adding in understatement: "This race is getting to be even more interesting."

With 95 percent of all precincts tallied, Gingrich was projected to finish with 40 percent, Romney 27 percent, Santorum 17 percent, and Ron Paul 13 percent.

The next primary will be held in Florida just 10 days from now (Jan. 31). Before that, there?ll be two GOP debates in the Sunshine State (next Monday and Thursday). Given the results in South Carolina, those closely-watched and analyzed events could be crucial to Romney?s political future.

Speaking to supporters less than an hour after the polls closed, Romney gave his standard stump speech ? references to ?a battle for the soul of America? and ?a shining city on a hill? ? mainly aimed at Barack Obama.

But he also took a few jabs at Gingrich, calling his opponent?s criticisms of Romney?s record in running an investment firm ?an assault on free enterprise? and insisting that ?our candidate can?t be someone who never ran a business and never ran a state.?

For his part, Gingrich spoke (longer than any of the others) like the front-runner he now is.

He said (brief) nice things about each of his three Republican rivals, then pivoted to a sharp critique of ?the elites of New York and Washington,? especially President Obama.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/kYTLWlF9FO8/Newt-Gingrich-wins-South-Carolina.-Can-he-do-the-same-in-Florida

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Tuesday, January 24, 2012

Dutch court rejects Apple appeal, says Samsung Galaxy Tab 10.1 is legal

A court in the Hague has just cleared the Samsung Galaxy Tab 10.1 for sale in the Netherlands, rejecting Apple's requests for a nationwide ban. As NU.nl reports, a different Dutch court had already issued a similar ruling in October, which Cupertino promptly appealed, claiming that Sammy's slate was too similar to its own iPad 2. Today, though, the Court of the Hague shot down Apple's arguments, determining that there are enough differences between the two products to legally justify their coexistence. Granted, this is only one of many patent battles that the two companies are currently waging, but for today, at least, it looks like Samsung has come out on top.

[Thanks, Rolfski]

Dutch court rejects Apple appeal, says Samsung Galaxy Tab 10.1 is legal originally appeared on Engadget on Tue, 24 Jan 2012 06:33:00 EDT. Please see our terms for use of feeds.

Permalink Tweakers.net  |  sourceNU.nl  | Email this | Comments


Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/0k4_Jhk8jI8/

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Monday, January 23, 2012

Thousands protest at immunity for Yemen's Saleh (Reuters)

SANAA (Reuters) ? Thousands of Yemenis protested on Sunday against an immunity law protecting outgoing President Ali Abdullah Saleh from prosecution and demanded he be put on trial for offences they say he committed during his 33-year rule.

Saleh's immunity deal, part of measures to persuade him to resign after a year of protests against his rule, has angered demonstrators who accuse the security forces controlled by the president and his aides of killing hundreds of their number.

Saleh has agreed to quit the presidency under the U.S.-backed deal, and will leave Yemen shortly for medical treatment, but many in Yemen fear some of his followers will cling to power.

At the capital's airport, dozens of members of Yemen's airforce held a sit-in on the runway to demand the resignation of their commander, Saleh's half-brother, accusing him of corruption.

Air traffic was halted, and riot police with water cannon surrounded the protesters, witnesses said.

Reports from a pro-revolution website run by Saleh's arch-enemy, General Ali Mohsen, said about 600 members of the airforce were participating in the sit-in.

A number of military units have expressed support for the anti-Saleh demonstrators, most notably those under the general.

Opposition groups not involved in the power transition deal brought thousands of their supporters to Sanaa's streets and questioned parliament's authority to approve the immunity law.

"We will continue protesting until all of the revolution's goals are achieved," said Mani al-Matari, a leader of a committee set up by youths who led the protests against Saleh.

"The parliament has no legitimacy and (instead) we are holding on to international law."

The immunity law, passed on Saturday by a parliamentary majority, does not give full protection to Saleh's aides, leaving them vulnerable to prosecution for crimes considered "terrorist acts."

The law does, however, give them immunity for "politically motivated" crimes committed while carrying out official duties.

AL QAEDA

A United Nations envoy welcomed the amendment to the law limiting the immunity of Saleh's aides on Saturday, but said it was too broad by offering an amnesty for some crimes against humanity. U.N. human rights chief Navi Pillay also said it may violate international law.

Human rights groups said it may let those guilty of killing get off free.

Protesters were also angered by remarks on Friday by a Middle East diplomat involved in discussions on Saleh's fate, who said Saleh planned to visit the United States for medical treatment but would not leave Yemen permanently.

Neighboring top oil exporter Saudi Arabia and the United States had backed Saleh for much of his rule, but endorsed the transition deal, fearing that continued unrest would be exploited by al Qaeda's Yemen-based regional wing, seen by Washington as the network's most dangerous branch.

Violence in Yemen's south between the military and al Qaeda has increased in recent months, prompting Saleh's opponents to accuse him of ceding territory to Islamists to bolster his assertion that only he can prevent al Qaeda from growing.

On Sunday, four militants, including a local al Qaeda leader, and one soldier were killed in fighting in the town of Radda, 170 km (105 miles) southeast of Sanaa, a tribal official said. Radda was taken over by an al Qaeda-linked group a week ago.

The clashes took place after talks between tribal leaders and militants broke down over the Islamists' demands that 16 al Qaeda militants be freed and Islamic law be enforced in the town.

(Reporting by Mohammed Ghobari; Writing by Nour Merza; Editing by Elizabeth Piper)

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/nm/20120122/wl_nm/us_yemen

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Should couples share passwords?

Live Poll

Should couples share passwords?

  • 173871

    ABSOLUTELY. Those that have nothing to hide, hide nothing.

    51%

  • 173872

    NO. We're still individuals entitled to privacy and we trust each other.

    49%

VoteTotal Votes: 1216

By Athima Chansanchai

Just how much do you trust your spouse or partner? Enough to share passwords? For some, passwords are the final frontier of privacy not only in financial matters, but in social media and email correspondence. But for others, there are no secrets when you're in a relationship?? even risking the potential payback should a break-up sever the happy union.

The New York Times tells us about an "intimate custom" writer Matt Ritchel says is happening between teens in love: "sharing their passwords to email,?Facebook?and other accounts." The desire to be one even extends, the article claims, to couples creating identical passwords and letting each other read private emails and texts.?

For some, it takes a court order to share so much.

But for others, it's imperative to know each other's passwords as part of an open, healthy and fully functioning relationship. Sometimes this comes after a loss of trust, as when one partner has cheated on the other. On the Surviving Infidelity website, where more than 34,000 members have exchanged stories of betrayal and support one another in the forums, there is a saying that becomes a mantra for many of them: "Those who have nothing to hide, hide nothing." To that end, nothing is private anymore in order to facilitate healing for the offended party.?

In this philosophy, those who have been unfaithful should share (or make open and available) not only passwords to their email accounts and Facebook, but also the contents of their text messages, phone logs, work and travel itineraries "without qualms."

Many in those forums mention how finding secret Facebook and email correspondences led to the big reveal of infidelity in their marriages and relationships, and we've seen surveys that attribute at least some fault in Facebook, though an informal poll we took at the end of year showed that nearly half of the 876 votes attributed the demise of their marriages with other factors. But 34 percent did blame Facebook.

Some of the teens in the New York Times article who opened themselves up were dealt a nasty lesson in human nature when their not-so-better halves decided to use the passwords in retaliation for perceived wrongs. The Times listed some examples:

The stories of fallout include a spurned boyfriend in junior high who tries to humiliate his ex-girlfriend by spreading her e-mail secrets; tensions between significant others over scouring each other?s private messages for clues of disloyalty or infidelity; or grabbing a cellphone from a former best friend, unlocking it with a password and sending threatening texts to someone else.

Take our poll and let us know if couples should share passwords.

More stories:

Check out Technolog on?Facebook, and on Twitter, follow?Athima Chansanchai, who is also trying to keep her head above water in the?Google+?stream.

Source: http://digitallife.today.msnbc.msn.com/_news/2012/01/20/10199414-should-couples-share-passwords

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Sunday, January 22, 2012

Facebook wants to dominate communications (Jack Bog's Blog)



We accept advertising through Blogads. If you're interested, click the "Advertise here" link above, or go here to place your ad through Blogads. For assistance, e-mail me here; I'd be glad to help. Reach lots of viewers -- we're up to about 3,800 unique visits a day, and more than 61,000 page views a week (as of November 4). Our rates are dirt cheap for the exposure you'll get!
As a lawyer/blogger, I get
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Emma McLaughlin & Nicola Kraus - The Nanny Diaries
Brian Selznick - The Invention of Hugo Cabret
Sharon Creech - Walk Two Moons
Keith Richards - Life
F. Sionil Jose - Dusk
Natalie Babbitt - Tuck Everlasting
Justin Halpern - S#*t My Dad Says
Mark Herrmann - The Curmudgeon's Guide to Practicing Law
Barry Glassner - The Gospel of Food
Phil Stanford - The Peyton-Allan Files
Jesse Katz - The Opposite Field
Evelyn Waugh - Brideshead Revisited
J.K. Rowling - Harry Potter and the Sorcerer's Stone
David Sedaris - Holidays on Ice
Donald Miller - A Million Miles in a Thousand Years
Mitch Albom - Have a Little Faith
C.S. Lewis - The Magician's Nephew
F. Scott Fitzgerald - The Great Gatsby
William Shakespeare - A Midsummer Night's Dream
Ivan Doig - Bucking the Sun
Penda Diakit? - I Lost My Tooth in Africa
Grace Lin - The Year of the Rat
Oscar Hijuelos - Mr. Ives' Christmas
Madeline L'Engle - A Wrinkle in Time
Steven Hart - The Last Three Miles
David Sedaris - Me Talk Pretty One Day
Karen Armstrong - The Spiral Staircase
Charles Larson - The Portland Murders
Adrian Wojnarowski - The Miracle of St. Anthony
William H. Colby - Long Goodbye
Steven D. Stark - Meet the Beatles
Phil Stanford - Portland Confidential
Rick Moody - Garden State
Jonathan Schwartz - All in Good Time
David Sedaris - Dress Your Family in Corduroy and Denim
Anthony Holden - Big Deal
Robert J. Spitzer - The Spirit of Leadership
James McManus - Positively Fifth Street
Jeff Noon - Vurt

Miles run year to date: 15
At this date last year: 6
Total run in 2011: 113
In 2010: 125
In 2009: 67
In 2008: 28
In 2007: 113
In 2006: 100
In 2005: 149
In 2004: 204
In 2003: 269

Source: http://bojack.org/2012/01/facebook_wants_to_dominate_com.html

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Hitler lair to become tourist spot in Poland

The Hitler lair, also known as the 'Wolf's Lair,' was the site of an assassination attempt on the Nazi leader by Colonel Claus von Stauffenberg.?

Poland is looking for an investor to turn the "Wolf's Lair" of Nazi leader Adolf Hitler into a tourist attraction.

Skip to next paragraph

The ruins of Hitler's fortress complex deep in the woodlands of northeastern Poland is famed as the site of an assassination attempt on Hitler by Colonel Claus von Stauffenberg and popularised by a 2008 film starring Tom Cruise.

The Wolf's Lair served as one of Hitler's military headquarters during World War Two and was destroyed by the Nazi forces as they retreated in early 1945.

The site -- whose name refers to Hitler's nickname, "Mr. Wolf" -- consisted of 80 buildings at its peak and is owned by the local forestry authority.

"We are waiting for offers, but so far we have none," local forestry official Zenon Piotrowicz said.

"The requirements are quite high because we want a new leaseholder to invest a lot, particularly in a museum with an exhibition that could be open all year long."

The remaining ruins are open to the public, but do not attract many visitors because they are hidden deep in a forest and accessible only by treacherous dirt roads.

The fortress near the Russian border was built in 1940 and 1941 to protect Hitler and other top Nazi officials from air bombardment during Operation Barbarossa, the invasion of the Soviet Union. It had its own power plant and a railway station.

The complex was heavily camouflaged deep inside a forest and surrounded by a minefield, which took 10 years to clear after the war. ?

Get daily or weekly updates from?CSMonitor.com?delivered to your inbox.?Sign up today.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/770KhxPz_5A/Hitler-lair-to-become-tourist-spot-in-Poland

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Saturday, January 21, 2012

Video: New documentary about rape in the U.S. military



>>> today in washington the secretary of defense addressed what some are calling an epidemic, rape inside the u.s. military . he promised new steps to fix one of america's shameful secrets just two days before a new documentary on the subject premieres at the sundance film festival . we'll get more from jim miklaszewski at the pentagon.

>> reporter: it's a startling statistic, women in the military are more likely to be raped by a fellow soldier than attacked by the enemy. a powerful new documentary "the invisible war " captures the horror of military sexual assault .

>> i remember holding the closet thinking, what just happened?

>> a month later, i found out i was pregnant.

>> reporter: there were more than 3,000 reports of military sexual assault last year. since many go unreported the pentagon estimates the actual number is a staggering 19,000. defense secretary leanne panetta pledged today protecting servicemembers from sexual assault is a top priority.

>> we have a moral duty to keep them safe from those who would attack their dignity and their honor.

>> reporter: the pebt gones that taken several steps to make it easier for victims to report assaults and seek protection, but the military's record remains dismal, only 8% of sexual assault cases have been prosecuted, and only 2% end in convictions. panetta argues that military judges and prosecutors must be more aggressive.

>> in order to make sure that the signal is sent that anybody who does this is going to be held accountable.

>> reporter: but that will require a major shift in the military's mind-set and male-dominated culture, while thousands of military women suffer in silence. jim miklaszewski , nbc news, the pentagon.

Source: http://video.msnbc.msn.com/nightly-news/46047269/

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CA-CANADA Summary (Reuters)

Nortel execs say Deloitte approved of accounting

TORONTO (Reuters) ? Defence lawyers for three former Nortel executives charged with fiddling with balance sheets to trigger bonus payments on Thursday said the telecom equipment company's external auditor knew about major accounting adjustments and signed off on them. The evidence submitted by defense attorney David Porter undermines the Crown's submission that former Chief Executive Frank Dunn, former Chief Financial Officer Douglas Beatty and former Controller Michael Gollogly had engaged in an elaborate fraud at the once-mighty company.

TransCanada open to building Keystone in segments

CALGARY, Alberta (Reuters) - TransCanada Corp may build a $2 billion southern portion of its Keystone XL oil pipeline first following the initial rejection of the full-blown project, which would mesh with one of President Barack Obama's goals but put it in direct competition with another major proposal. TransCanada had broached the idea of constructing the Gulf Coast expansion part of the Canada-to-Texas oil pipeline before as a way to help alleviate an oil glut at the Cushing, Oklahoma, storage hub and get more crude to Texas refineries, but Chief Executive Russ Girling said it has now gained in priority.

Republicans fume as Keystone oil pipeline rejected

WASHINGTON/CALGARY, Alberta (Reuters) - The Obama Administration rejected the Keystone oil pipeline on Wednesday, a move that Republicans decried for sacrificing jobs and energy security in order to shore up the president's environmental base before elections. President Barack Obama said the administration denied TransCanada's application for the $7 billion Canada-to-Texas oil sands pipeline because there was not enough time to review an alternate route that would avoid a sensitive aquifer in Nebraska -- within a 60-day window set by Congress.

Enbridge's deal with B.C. native group collapses

CALGARY, Alberta (Reuters) - Enbridge Inc's sole public deal with a native group along the route of the proposed C$5.5 billion ($5.42 billion) Northern Gateway pipeline collapsed after chiefs of the Gitxsan First Nation rejected the offer, but a spokesman for the company said on Wednesday new talks are expected. According to local media, Gitxsan hereditary chiefs voted 28-8 against accepting the agreement signed last month between Enbridge and the Gitxsan treaty office. The deal would have seen the First Nation take a slice of a 10 percent equity stake in the pipeline the company has offered to native groups.

Europe hasn't fully committed to IMF: Flaherty

GATINEAU, Quebec (Reuters) - Europe needs to cough up a lot more than $200 billion to the International Monetary Fund before calling on others to boost the international lender's funding capacity to deal with the fallout from the European debt crisis, Canadian Finance Minister Jim Flaherty said on Wednesday. "Our view has been...that Europeans must fully commit their own resources to solving their own European crisis before others ought to be called upon to make any contribution," the minister told reporters in Gatineau, Quebec, across the river from Ottawa.

Farmers tiptoe into newly opened Canada wheat market

WINNIPEG, Manitoba (Reuters) - As some of the world's biggest grain traders fan out across Canada's Prairies to compete openly for farmers' wheat and barley for the first time since World War II, they're finding more farmers like Paul Balicki than Stephen Vandervalk. Balicki, from Saskatchewan, says he's been unimpressed with early offers to buy the spring wheat he plans to grow this year, which he's been required to sell to the Canadian Wheat Board since 1943. Like many of the region's 100,000 farmers, most of whom have no memory of a free-market system, change comes hard.

Analysis: Nortel case delay highlights Canada crime approach

TORONTO (Reuters) - The years-long delay in bringing three former Nortel Networks executives to trial for fraud has reinforced Canada's well-earned reputation as a laggard in markets enforcement, particularly when compared with the United States, its critics say. Jurisdictional issues, lack of personnel and a national police task force that has not produced results all contribute to what lawyers and academics say is Canada's dysfunctional approach to prosecuting white-collar crime.

Bank of Canada holds rates, sees faster recovery

OTTAWA (Reuters) - The Bank of Canada held its key policy rate at 1 percent on Tuesday, but forecast a faster Canadian recovery than expected despite an increasingly worrying outlook for the global economy. Governor Mark Carney has held the central bank's rate unchanged for 16 months, the longest period without a rate change since the bank began targeting the overnight rate in 1994. A below-inflation 1 percent rate is providing considerable stimulus to the domestic economy, it says.

Government ready to intervene on housing, but not now: Flaherty

OTTAWA (Reuters) - The Canadian government is watching the housing market closely and is ready to intervene if necessary, but is not about to do so now, Finance Minister Jim Flaherty said on Tuesday, noting he saw indications of softening in the market. He was speaking to reporters after the Bank of Canada said that very favorable credit conditions were expected to buttress housing activity, and that Canada's ratio of household debt to income was expected to rise further.

Canada "has allies' confidence" despite spy case

OTTAWA (Reuters) - Canada still enjoys the confidence of its allies despite the arrest of a Canadian naval intelligence officer charged with handing over secrets to an unnamed country, Defence Minister Peter MacKay said on Tuesday. Jeffrey Paul Delisle faces a charges of giving "a foreign entity" secret information between July 6, 2007 and Jan 13, 2012. He was arrested in Halifax, Nova Scotia and will stay in jail until his next hearing on Jan 25.

Source: http://us.rd.yahoo.com/dailynews/rss/energy/*http%3A//news.yahoo.com/s/nm/20120119/wl_canada_nm/canada_summary

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Friday, January 20, 2012

Summary Box: Cyprus air traffic controllers (AP)

STRIKE: Air traffic controllers in Cyprus walked off the job for four hours on Wednesday to protest a two-year government worker wage freeze meant to cut the deficit.

WHAT'S GOING ON: The country's latest strike follows last month's package of cost cuts and tax increases. Cyprus is struggling to convince investors that it has a strategy to deal with its problems, which include the financial sector's heavy exposure to Greek debt.

PROTEST: The controllers' union president argued that members have been unfairly grouped with other government workers, because their salaries come from fees airlines pay the government to use airspace.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20120118/ap_on_bi_ge/eu_cyprus_financial_crisis_summary_box

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