Tuesday, January 31, 2012

Libya rejects MSF torture allegations: minister (Reuters)

ADDIS ABABA (Reuters) ? The Libyan government rejected Monday allegations it had tortured detainees who had fought for Muammar Gaddafi's forces, saying that if there had been cases of torture it had not known about them.

The aid agency Medecins Sans Frontieres (MSF) said last Thursday it had stopped its work in detention centers in the city of Misrata because its medical staff were being asked to patch up detainees mid-way through torture sessions so they could go back for more abuse.

Libyan Foreign Minister Ashour bin Khayyal said it was not the policy of the ruling National Transitional Council, which has promised to make a break with Gaddafi-era practices and respect human rights, to use torture.

"Gaddafi's remnants committed actions that were an aggression to the revolution and to Libya and they will now receive the treatment they deserve," Khayyal told Reuters on the sidelines of an African Union summit in Addis Ababa.

"As a government, it is not our policy at all to commit torture because we, the Libyan people, suffered under these policies and we strongly reject it," Khayyal said.

"If there was torture, then it was not with the knowledge of the government or by the agreement of the government either. It may be actions by individuals, but we have not heard about the report you mention."

Khayyal said his government had no problem dealing with forces loyal to Gaddafi who were not carrying weapons.

The MSF allegations are awkward for Western powers which backed the rebellion against Gaddafi and helped to overthrow him and install Libya's new leaders.

PROTECTING LIBYAN MONEY

The civil war which ended with Gaddafi's death last year may have helped spread small arms around the region, according to a U.N. report which said some countries believed former fighters in Libya may have smuggled weapons into the Sahel region on the southern edge of the Sahara desert.

Khayyal stopped short of blaming certain countries for providing shelter to these groups, among them Libyan army regulars and mercenaries.

"We cannot say they are giving shelter to them, but they are there in their territories, especially in Niger and Mali," he said, adding that a recent visit to both countries had been positive.

Khayyal said his government was trying to resolve the standoff in the tribal stronghold of Bani Walid by peaceful means. A militia commander whose troops were driven out of the town last week said his forces were massing to recapture it but were holding back at the government's request.

"We are trying to resolve the situation there by peaceful means and we avoid confrontation, but if we have to then we will confront them," said Khayyal.

He also said he would send delegations soon to review Libya's investments in several African countries.

Under Gaddafi's rule, Libya made major investments in Africa, some of which are managed by the $65 billion Libyan Investment Authority (LIA) through a $5 billion fund known as the Libyan African Investment Portfolio.

(Editing by Tim Pearce)

Source: http://us.rd.yahoo.com/dailynews/rss/africa/*http%3A//news.yahoo.com/s/nm/20120130/wl_nm/us_libya_torture

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99% A Separation

All Critics (89) | Top Critics (32) | Fresh (89) | Rotten (1) | DVD (2)

Asghar Farhadi's emotionally epic movie is not just a masterpiece dramatically, it is a movie dramatically of its moment.

It's small. It's real. And it's deeply moving.

This is a trenchant emotional thriller that you watch in dread, awe, and amazing aggravation.

Some films wear their artistry so lightly they appear simply to be happening, the inner workings of the story guided by an unseen hand.

The film involves its audience in an unusually direct way, because although we can see the logic of everyone's position, our emotions often disagree.

This is primarily a human story about a marriage unraveling, the husband torn between love for his daughter and devotion to his father, the daughter torn between one parent and the other.

Farhadi's carefully wrought narrative and the ways it handles the fragile emotions of its characters truly sets it apart, not only from contemporary Iranian cinema but world cinema in general.

What counts is that talented writer/director Asghar Farhadi structures it in a culturally compelling and mysterious way, while balancing all the characters to avoid easily typed "good guys" and "bad guys."

Emotionally resonant beyond the filmmaker's own country and culture, it is a compassionate yet searingly precise film that refuses to name villains, nor to let any of its protagonists off the hook

Sometimes, in an attempt to do the best we can for the people we love, we end up wreaking irreparable damage.

I hope "A Separation" is the beginning of a new cinematic dawn for Iranian filmmakers.

[The film] puts us in the uncomfortable role of the adjudicator.

Culturally specific but universally relatable, this slowly escalating Iranian drama boasts incredibly impressive motivational clarity.

For all the stifled truths of its characters, Farhadi's film feels like a gust of brisk air.

...like being caught in a barbed-wire fence of ethical dilemmas.

Feels like a peek through a neighbor's window.

The progressively tedious atmosphere ultimately prevents the film's final scenes from making any real emotional impact...

More Critic Reviews

Source: http://www.rottentomatoes.com/m/a_separation_2011/

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Monday, January 30, 2012

Rep. Barney Frank mourns ex-Boston Mayor White (AP)

BOSTON ? Retiring Rep. Barney Frank says former Mayor Kevin White was a political pioneer who opened up the Boston political system to African-Americans, women and gays, and pushed Frank to abandon plans to pursue an academic career and get into politics.

White died Friday at his Boston home. He was 82.

Frank, a liberal Democrat who worked for White in the City Hall for three years, describes him as Boston's "first modern mayor" who refused to let Interstate 95 run through the city because he wanted to protect low-income homes.

White led the city for 16 years, including during racially turbulent times in the 1970s.

His family announced that a public viewing is set for Tuesday and public funeral Mass is set for Wednesday.

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/ap/20120128/ap_on_re_us/us_obit_kevin_white

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Madonna says charity plans 10 schools in Malawi (AP)

NEW YORK ? Nearly six years after it was created, Madonna's Raising Malawi charity is set to break ground on the construction of schools in the impoverished country, but they will be run by the local community, not the superstar's organization.

According to organizers, work on the first school will start on March 30 in the Kasungu area, about 80 miles from the capital of Lilongwe, and all of the schools should be built by June 2013. Raising Malawi is providing $300,000 to the non-governmental organization buildOn to develop the schools. They'll serve about 1,000 boys and girls in the southern African nation.

"This remains a very big priority in my life and I am excited that with the help of buildOn we can maintain our ongoing commitment to move forward efficiently," Madonna said in a statement provided to The Associated Press.

Raising Malawi had originally intended to build all-girls schools that the organization would run. But it faced several obstacles in its goal, including complaints from some local farmers that they had been moved off land that Raising Malawi intended to use for its mission. Raising Malawi also had difficulty getting title to the land and there were concerns about the high costs of construction.

The new plan calls for "simple structures" that will be more practical and better serve Raising Malawi's original mission, said Trevor Neilson, who is helping to direct the project as partner of the Global Philanthropy Group. The approach will allow the program to serve twice as many children as before, Madonna said.

"I have learned a great deal over the last few years and feel so much more confident that we can reach out goals to educate children in Malawi, especially young girls, in a much more efficient and practical way," she said. Madonna has adopted two children from Malawi.

BuildOn has already built more than 50 schools in Malawi and 427 schools worldwide.

"For schools to be successful, they need to have community ownership and leadership," Neilson said in an interview Friday. "Raising Malawi shouldn't be running schools in Malawi. Local communities in Malawi should be running those schools, so that's a big part of the shift."

BuildOn has been working in Malawi for almost 20 years, said spokeswoman Carrie Pena. The organization works closely with the community, and locals even volunteer the labor to build the schools, according to Pena.

"It's absolutely a community-owned school," she said.

Neilson praised Madonna for sticking with her plan to build schools for Malawi's children despite several setbacks for the star, who is the director of the new movie "W.E.," out next week, and is this year's Super Bowl performer. Madonna brought in Global Philanthropy to work with Raising Malawi more than a year ago and removed the involvement of the Kabbalah Centre. She has practiced Kabbalah, a form of Jewish mysticism.

"When the previous management team had those problems, I think a lot of people thought Madonna would give up," Neilson said "It would have been understandable, but instead she's going to reaching twice as many kids."

___

Online:

http://www.raisingmalawi.org

http://www.buildon.org/

___

Nekesa Mumbi Moody is the AP's music editor. Follow her at http://www.twitter.com/nekesamumbi

Source: http://us.rd.yahoo.com/dailynews/rss/celebrity/*http%3A//news.yahoo.com/s/ap/20120129/ap_en_ce/us_people_madonna_malawi

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Sunday, January 29, 2012

Streep's Thatcher, Williams' Monroe star at SAG

Actress Regina King, second left, poses with workers as they roll out the red carpet and setup for the SAG Awards at the Shrine Auditorium in Los Angeles on Saturday, Jan. 28, 2012. (AP Photo/Jason Redmond)

Actress Regina King, second left, poses with workers as they roll out the red carpet and setup for the SAG Awards at the Shrine Auditorium in Los Angeles on Saturday, Jan. 28, 2012. (AP Photo/Jason Redmond)

A worker sweeps the stage as setup for the SAG Awards is under way at the Shrine Auditorium in Los Angeles on Saturday, Jan. 28, 2012. (AP Photo/Jason Redmond)

Seating cards for actor George Clooney and his date Stacy Keibler are at the table for the film "The Descendants" as set up for the SAG Awards continues at the Shrine Auditorium in Los Angeles on Saturday, Jan. 28, 2012. (AP Photo/Jason Redmond)

(AP) ? What a cast the Screen Actors Guild Awards have lined up: Marilyn Monroe, Laurence Olivier, Margaret Thatcher and J. Edgar Hoover.

Actors playing illustrious real-life figures factor into the 18th annual honors given by Hollywood's main acting union Sunday.

The best-actress category features Meryl Streep as Thatcher in "The Iron Lady" and Michelle Williams as Monroe in "My Week with Marilyn." Leonardo DiCaprio is up for best actor as FBI boss in "J. Edgar," while "My Week with Marilyn" co-stars supporting-actor nominee Kenneth Branagh as Olivier.

Streep won a Golden Globe for "The Iron Lady" and is considered a favorite for the SAG prize and for her third win at the Academy Awards, which are set for Feb. 26.

The front-runners for the other SAG awards are actors in fictional roles, though, among them George Clooney as a dad in crisis in "The Descendants" and Jean Dujardin as a silent-film star fallen on hard times in "The Artist." Both are up for best actor, and both won Globes ? Clooney as dramatic actor, Dujardin as musical or comedy actor.

Octavia Spencer as a brassy Mississippi maid in "The Help" and Christopher Plummer as an elderly dad who comes out as gay in "Beginners" won Globes for supporting performances and have strong prospects for the same honors at the SAG Awards.

The winners at the SAG ceremony typically go on to earn Oscars. All four acting recipients at SAG last year later took home Oscars ? Colin Firth for "The King's Speech," Natalie Portman for "Black Swan" and Christian Bale and Melissa Leo for "The Fighter."

The same generally holds true for the weekend's other big Hollywood honors, the Directors Guild of America Awards, where Michel Hazanavicius won the feature-film prize Saturday for "The Artist." The Directors Guild winner has gone on to earn the best-director Oscar 57 times in the 63-year history of the union's awards show.

SAG also presents an award for overall cast performance, a prize that's loosely considered the ceremony's equivalent of a best-picture honor. However, the cast award has a spotty record at predicting what will win best picture at the Oscars.

While "The King's Speech" won both honors a year ago, the SAG cast recipient has gone on to claim the top Oscar only eight times in the 16 years since the guild added the category.

The SAG ceremony also includes an award for stunt ensemble, whose nominees include such hits as "Harry Potter and the Deathly Hallows: Part 2," ''Transformers: Dark of the Moon" and "X-Men: First Class."

Airing live on TNT and TBS, the show features nine television categories, as well.

Receiving the guild's life-achievement award is Mary Tyler Moore. The prize will be presented by Dick Van Dyke, her co-star on the 1960s sit-com "The Dick Van Dyke Show."

___

Online:

http://www.sagawards.com

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/4e67281c3f754d0696fbfdee0f3f1469/Article_2012-01-29-SAG%20Awards/id-c30b38f107a7497baeca8153e26de389

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Saturday, January 28, 2012

Coach honed debating skills of young Newt Gingrich (AP)

ATLANTA ? As a young college professor running for Congress, Newt Gingrich wanted to sharpen his debating skills.

Admirers say the Republican was always a dynamic speaker, but with flaws. He frowned. He titled his head oddly and fell back repeatedly on the same words. He went for the rhetorical jugular. Supporters worried that TV cameras magnified those delivery problems.

Gingrich didn't need to look far for help. In the building next to the one where Gingrich taught history at West Georgia College, professor Chester Gibson coached students whose ranks now include a former Georgia governor, high-powered Atlanta attorneys, judges and preachers. He gave Gingrich free help as a new candidate.

Strong debate performances have kept alive Gingrich's candidacy for the Republican presidential nomination after a bleak period last summer when his staff quit and his campaign fell into debt.

Now retired, Gibson said he still sees Gingrich's old habits ? good and bad ? in the presidential debates.

"Gingrich is clearly the best debater in the final four," said Gibson, who communicates by email because doctors removed his voice box in 2010 during cancer treatment. "No contest. A Gingrich-Obama debate would be one of the great moments in American political history."

The pair met in 1970 when they started teaching at West Georgia College, now called the University of West Georgia. Gibson coached Gingrich before his first unsuccessful run for the House in 1974 and kept working with him until Gingrich won four years later. Gibson said the coaching continued into Gingrich's early years in office. A Gingrich spokesman did not respond to requests for information for this report.

Gibson, 70, said Gingrich's problem was delivery, not substance.

"He was poised, confident, quick on his feet and well versed in both U.S. and world history," Gibson said. "He read everything that he could get his hands on. His greatest asset was his incredible memory."

In their coaching sessions, Gibson said he filmed Gingrich speaking so he could see his mistakes. The students on Gibson's debate team ? one was Randy Evans, now Gingrich's longtime attorney ? listened and critiqued Gingrich's speeches. They researched the positions of his political opponents and constructed arguments. Gibson traveled with Gingrich to debates so they could practice in the car.

Gibson pushed his students to win.

"He just worked endlessly and worked us very hard because he was as competitive as all get-out," said trial lawyer Paul Weathington, one of Gibson's debaters and a nationally ranked debater in college.

Gibson told Gingrich to work on his body language. When listening intently to another speaker, he tended to frown ? a bad habit that Gibson said the Republican candidate has not fully stopped. In fact, Gingrich recently told reporters that his granddaughter told him to smile more and that she counts his grins during debates.

"I am always pleased when I see a grin because I know that he is ready to launch into a great answer to the question," Gibson said.

Years ago, Gibson encouraged Gingrich to tone down grandiose statements, saying they distract the audience from the message.

Then, as now, Gingrich would occasionally cock his head oddly to the right, Gibson said. When he latched onto a word, he'd use it repeatedly.

"Listen to the number of times that he uses the word `frankly,'" Gibson said. "You will lose count."

Gingrich understands how to exploit TV debates and has avoided any major gaffes, said Mitchell McKinney, a communications professor at the University of Missouri who studies presidential debates. When his campaign was lagging, Gingrich baited the front-runners to engage him during debates, which helped him get airtime. He also picks messages that are sure to be replayed on TV. It adds up to free publicity.

"These moments get captured and played over and over," McKinney said.

One such moment came last week in the South Carolina. CNN debate moderator John King started the broadcast by asking Gingrich to respond to his second ex-wife's accusation that he asked her for an open marriage.

"I think the destructive, vicious, negative nature of much of the news media makes it harder to govern this country, harder to attract decent people to run for public office," said Gingrich, on his way to gaining a standing ovation from the audience. "And I am appalled that you would begin a presidential debate on a topic like that."

He won the primary two days later.

___

Follow Ray Henry on Twitter: http://www.twitter.com/rhenryAP

Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//news.yahoo.com/s/ap/20120127/ap_on_el_pr/us_gingrich_debate_coach

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Facts About Cheap Car Insurance

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Guest post by Guster J. Gwynn Hurley

Source: http://www.co-next.net/facts-about-cheap-car-insurance/

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Video: 5 tips to boost your resume

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Source: http://www.msnbc.msn.com/id/21134540/vp/46146958#46146958

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Friday, January 27, 2012

More than 50 killed in 2 days of turmoil in Syria

This citizen journalism image provide by the Local Coordination Committees in Syria and released early Friday Jan. 27, 2012, purports to show a Syrian man, right, mourning over the dead body of his son, who was shot by the Syrian forces, in Idlib province, Syria, on Thursday Jan. 26, 2012. A "terrifying massacre" in the restive Syrian city of Homs has killed more than 30 people, including small children, in a barrage of mortar fire and attacks by armed forces loyal to President Bashar Assad, activists said Friday. (AP Photo/Local Coordination Committees in Syria) EDITORIAL USE ONLY, NO SALES, THE ASSOCIATED PRESS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS HANDOUT PHOTO

This citizen journalism image provide by the Local Coordination Committees in Syria and released early Friday Jan. 27, 2012, purports to show a Syrian man, right, mourning over the dead body of his son, who was shot by the Syrian forces, in Idlib province, Syria, on Thursday Jan. 26, 2012. A "terrifying massacre" in the restive Syrian city of Homs has killed more than 30 people, including small children, in a barrage of mortar fire and attacks by armed forces loyal to President Bashar Assad, activists said Friday. (AP Photo/Local Coordination Committees in Syria) EDITORIAL USE ONLY, NO SALES, THE ASSOCIATED PRESS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS HANDOUT PHOTO

Syrian army defectors, celebrate shortly after they defected and join the anti-Syrian rgime protesters at Khalidiya area in Homs province, central Syria, on Thursday, Jan. 26, 2012. Syrian troops stormed a flashpoint suburb of Damascus on Thursday, rounding people up in house-to-house raids and clashing with army defectors, activists said, as the 10-month-old uprising inches ever closer to the capital. (AP Photo)

A Syrian army defector, flashes victory sign as he carries on his shoulders a boy shortly after he defected and join the anti-Syrian regime protesters at Khalidiya area in Homs province, central Syria, on Thursday, Jan. 26, 2012. Syrian troops stormed a flashpoint suburb of Damascus on Thursday, rounding people up in house-to-house raids and clashing with army defectors, activists said, as the 10-month-old uprising inches ever closer to the capital. (AP Photo)

Syrian army defectors, celebrate and wave the Syrian revolution flag shortly after they defected and join the anti-Syrian regime protesters at Khalidiya area in Homs province, central Syria, on Thursday, Jan. 26, 2012. Syrian troops stormed a flashpoint suburb of Damascus on Thursday, rounding people up in house-to-house raids and clashing with army defectors, activists said, as the 10-month-old uprising inches ever closer to the capital. (AP Photo)

BEIRUT (AP) ? Two days of bloody turmoil in Syria killed more than 50 people as forces loyal to President Bashar Assad shelled residential buildings, fired on crowds and left bleeding corpses in the streets in a dramatic escalation of violence, activists said Friday.

Much of the violence was focused in Homs, where heavy gunfire hammered the city Friday in a second day of chaos. A day earlier, the city saw a flare-up of sectarian kidnappings and killings between its Sunni and Alawite communities, and pro-regime forces blasted residential buildings with mortars and gunfire, according to activists who said an entire family was killed.

Video posted online by activists showed the bodies of five small children, five women of varying ages and a man, all bloodied and piled on beds in what appeared to be an apartment after a building was hit in the Karm el-Zaytoun neighborhood of the city. A narrator said an entire family had been "slaughtered."

The video could not be independently verified.

Activists said at least 30 people were killed in Homs on Thursday and another 21 people were killed across the country Friday.

In an attempt to stop the bloodshed in Syria, the U.N. Security Council was to hold a closed-door meeting Friday to discuss the crisis, a step toward a possible resolution against the Damascus regime, diplomats said.

The Syrian uprising, which began nearly 11 months ago with mostly peaceful protests, has become increasingly violent in recent months as army defectors clash with government forces and some protesters take up arms to protect themselves. The violence has enflamed the potentially explosive sectarian divide in the country, where the Alawite minority dominates the regime despite a Sunni Muslim majority. The U.N. estimates that more than 5,400 people have been killed since March.

The head of Arab League observers in Syria said in a statement that violence in the country has spiked over the past few days. Sudanese Gen. Mohammed Ahmed al-Dabi said the cities of Homs, Hama and Idlib have all witnessed a "very high escalation" in violence since Tuesday.

A "fierce military campaign" was also under way in the Hamadiyeh district of Hama since the early hours of Friday, according to the British-based Syrian Observatory for Human Rights and other activists. They said the sound of heavy machine-gun fire and loud explosions reverberated across the area.

Some activists reported seeing uncollected bodies in the streets of Hama.

Elsewhere, a car bomb exploded Friday at a checkpoint outside the northern city of Idlib, the Observatory said, citing witnesses on the ground. The number of casualties was not immediately clear.

Details of Thursday's wave of killings in Homs were emerging from an array of residents and activists on Friday, though they said they were having difficulty because of continuing gunfire.

"There has been a terrifying massacre," Rami Abdul-Rahman, director of the Syrian Observatory for Human Rights, told the AP on Friday, calling for an independent investigation.

Thursday started with a spate of sectarian kidnappings and killings between the city's population of Sunnis and Alawites, a Shiite sect to which Assad belongs as well as most of his security and military leadership, said Mohammad Saleh, a centrist opposition figure and resident of Homs.

There was also a string of attacks by gunmen on army checkpoints, Saleh said. Checkpoints are a frequent target of dissident troops who have joined the opposition.

The violence culminated with the evening killing of the family, Saleh said, adding that the full details of what happened were not yet clear.

The Observatory said at least 11 people, including eight children, died when a building came under heavy mortar and machine gun fire. Some residents spoke of another massacre that took place when shabiha ? armed regime loyalists ? stormed the district, slaughtering residents in an apartment, including children.

"It's racial cleansing," said one Sunni resident of Karm el-Zaytoun, speaking on condition of anonymity for fear of reprisal. "They are killing people because of their sect," he said.

Some residents said kidnappers were holding Alawites in the building hit by mortars and gunfire, but the reports could not be confirmed.

Thursday's death toll in Homs was at least 35, said the Observatory and the Local Coordination Committees, an umbrella group of activists. Both groups cite a network of activists on the ground in Syria for their death tolls. The reports could not be independently confirmed.

Syria tightly controls access to trouble spots and generally allows journalists to report only on escorted trips, which slows the flow of information.

The Syrian uprising began last March with largely peaceful anti-government protests, but it has grown increasingly violent in recent months.

Also Friday, Iran's official IRNA news agency said gunmen in Syria have kidnapped 11 Iranian pilgrims traveling by road from Turkey to Damascus.

Iranian pilgrims routinely visit Syria ? Iran's closest ally in the Arab world ? to pay homage to Shiite holy shrines. Last month, 7 Iranian engineers building a power plant in central Syria were kidnapped. They have not yet been released.

The Free Syrian Army ? a group of army defectors ? released a video on its Facebook page claiming responsibility for the kidnapping and saying the Iranians were taking part in the suppression of the Syrian people. The leader of the group could not be reached for comment.

Bassma Kodmani, a spokeswoman for the opposition Syrian National Council, said the group is working to help the army defectors to link them up and supply them with everything from communications equipment to clothes. Speaking in Paris, she said defectors are increasingly swelling the ranks of the Free Syrian Army and it is becoming a critical force in the uprising.

In Cairo, around 200 opposition Syrians protested outside the Syrian Embassy, trying to break into the building. They threw stones and bricks at the building, but were kept back by a line of police and soldiers.

Assad's regime claims terrorists acting out a foreign conspiracy are behind the uprising, not protesters seeking change, and that thousands of security forces have been killed.

International pressure on Damascus to end the bloodshed so far has produced few results.

The Arab League has sent observers to the country, but the mission has been widely criticized for failing to stop the violence. Gulf states led by Saudi Arabia pulled out of the mission Tuesday, asking the Security Council to intervene because the Syrian government has not halted its crackdown.

The U.N. Security Council has been unable to agree on a resolution since violence began in March because of strong opposition from Russia and China.

Russian Deputy Foreign Minister Gennady Gatilov said Friday that Moscow will oppose a new draft U.N. resolution on Syria worked out by the West and some Arab states because it does not exclude the possibility of outside military interference.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2012-01-27-Syria/id-297dd5fd2b7a48fb9dcc31cbbcaebd94

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Summary Box: UK Petroplus refinery in operation (AP)

UP AND RUNNING: The British refinery owned by collapsed Swiss energy company Petroplus Holdings has resumed shipments to customers, while authorities in France investigate possible misuse of funds.

INVESTIGATING: An investigation's under way into suspected bankruptcy through misuse of funds at a French unit of Petroplus. There are suspicions that a bank account of Petroplus-France was stripped of about $129 million.

MONEY WOES: Petroplus, Europe's largest independent refiner, filed for insolvency after failing to agree with its lenders on its $1.75 billion credit line. The company had a loss of $413 million in the first nine months of last year.

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20120126/ap_on_bi_ge/eu_britain_petroplus_summary_box

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Thursday, January 26, 2012

Mild cognitive impairment is common, affects men most, study finds

ScienceDaily (Jan. 25, 2012) ? Researchers involved in the Mayo Clinic Study of Aging report that more than 6 percent of Americans age 70 to 89 develop mild cognitive impairment (MCI) every year. Also, the condition appears to affect men and those who only have a high school education more than women and those who have completed some higher education. People with MCI are at the stage between suffering the normal forgetfulness associated with aging and developing dementia, such as that caused by Alzheimer's disease.

The study -- published in the Jan. 25, 2012, issue of Neurology, the medical journal of the American Academy of Neurology -- reports that 296 of the 1,450 study participants developed MCI, an incidence rate of 6.4 percent per year overall. Among men, the incidence rate was 7.2 percent, compared with 5.7 percent per year for women.

"While incidence rates for MCI have been reported previously, ours is one of the few studies designed specifically to measure the incidence of MCI and its subtypes using published criteria," says lead author Rosebud O. Roberts, M.B., Ch.B., of the Mayo Clinic Division of Epidemiology. "The statistically significant difference between incidence rates among men and women represents an important finding for those evaluating patients for MCI."

The study also looked in more detail at patients with MCI, dividing them according to whether they developed amnestic MCI (aMCI) -- in which the condition affects the memory domain -- or non-amnestic MCI (naMCI).

Similar to the overall results, the incidence rates for aMCI and naMCI were higher in men than in women. In addition, the study found that individuals with only a high school education developed either aMCI or naMCI at a higher rate than those with some higher education.

"Understanding the distribution of incident MCI by age, sex and other demographic variables is critical to helping us understand the cause of the condition, as well as how to prevent MCI and its progression to full-blown, irreversible dementia," Dr. Roberts says. "This study advances our understanding of MCI and will help clinicians provide even better care for their patients, especially during initial evaluations."

About Mild Cognitive Impairment

People with MCI have mild problems with thinking and memory that do not interfere with everyday activities, although their forgetfulness is often apparent to them and their friends and family. While not everyone with MCI develops dementia, an estimated 5 to 10 percent do.

Symptoms of MCI include:

  • Difficulty learning and remembering new information
  • Difficulty solving problems or making decisions
  • Forgetting recent events or conversations
  • Taking longer to perform complex or difficult mental activities.

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Story Source:

The above story is reprinted from materials provided by Mayo Clinic, via Newswise.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. R. O. Roberts, Y. E. Geda, D. S. Knopman, R. H. Cha, V. S. Pankratz, B. F. Boeve, E. G. Tangalos, R. J. Ivnik, W. A. Rocca, R. C. Petersen. The incidence of MCI differs by subtype and is higher in men: The Mayo Clinic Study of Aging. Neurology, 2012; DOI: 10.1212/WNL.0b013e3182452862

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://www.sciencedaily.com/releases/2012/01/120125163412.htm

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APNewsBreak: Army to cut combat brigades (AP)

WASHINGTON ? The U.S. Army plans to slash the number of combat brigades from 45 to as low as 32 in a broad restructuring of its fighting force aimed at cutting costs and reducing the service by about 80,000 soldiers, according to U.S. officials familiar with the plans.

Officials said the sweeping changes will likely increase the size of each combat brigade ? generally by adding another battalion ? in an effort to ensure that those remaining brigades have the fighting capabilities they need when they go to war. A brigade is usually about 3,500 soldiers, but can be as large as 5,000 for the heavily armored units. A battalion is usually between 600-800 soldiers.

The brigade restructuring is intended to save money without eroding the military's ability to protect the country and wage war when needed. Army officials contend that while there would be fewer brigades, building them bigger will give them more capabilities and depth, and will reduce stress on the units.

They said specialty units, such as Army special operations forces, would not be affected by the cuts.

Reducing the overall number of brigades will also eliminate the need for the headquarters units that command and oversee them.

Officials acknowledged that merging battalions together into larger brigades could shift some soldiers to different bases across the country, although that effort could be stymied by members of Congress who don't like to see the staffing decline at bases that feed the local economy. Officials said the Army will try to limit such shifts.

The cuts come as the Pentagon puts the finishing touches on its 2013 fiscal year budget, which must reflect about $260 billion in savings in its five-year plan. Congress has ordered the Defense Department to come up with a total of $487 billion over the next 10 years, and could face cuts of double that amount if Congress can't reach an agreement to avoid automatic across-the-board reductions mandated by lawmakers last year.

Officials spoke about the budget plans on condition of anonymity because they have not yet been made public.

Military leaders, from Defense Secretary Leon Panetta on down, insist they will come up with the budgets cuts without hurting the force's effectiveness. In fact, many of the top Army leaders who have been putting the budget together were around when massive budget cuts after the Vietnam war left Army units badly undermanned and ill-equipped ? leading to what they call a hollow force.

According to officials, plans call for the active duty Army to shrink from a high of about 570,000 soldiers to roughly 490,000 over the next decade or so. Initial cuts have been ongoing, and there are currently about 558,000 active duty soldiers in the Army.

Additionally, there are nearly 205,000 in the Army Reserve and close to 360,000 in the Army National Guard, the Army said Wednesday.

The Army plans to shed soldiers carefully, including through planned departures, separations for medical or behavioral problems, and by scaling back the number of people promoted or allowed to enlist and re-enlist.

One priority would be to make sure that the Army retains its mid-level officers, who routinely take up to 10 years to get to the rank of major or higher. Army leaders struggled through periods of the Iraq and Afghanistan wars, using bonuses and other incentives to retain the mid-level officers they needed to command smaller units on the battlefield.

But Army officials also acknowledge that they will be forced to deny the reenlistment of many qualified soldiers, while also continuing to bring in quality recruits.

Gen. Raymond Odierno, chief of staff of the Army, has warned that cutting brigades was one way to cut the budget. And he said that shrinking the force will mean that the Army will no longer be able to handle two simultaneous conflicts ? long a requirement for the U.S. military.

But the new military strategy mapped out by President Barack Obama and his defense team envisions a shift away from the hard-fought ground wars of Iraq and Afghanistan that relied on tens of thousands of troops to battle stubborn terrorists and insurgent groups. The future military, instead, will focus more on Asian security risks such as China and North Korea, and build on partnerships in the Middle East to keep an eye on Iran.

One major reduction, already announced by Panetta, will cut the number of Army brigades stationed in Europe from four to two. Other units would rotate in and out of the region as needed.

Currently there are three brigades in Germany and one in Vicenza, Italy, and that would change so that there would be one in Germany and one in Vicenza.

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20120125/ap_on_re_us/us_us_army_cuts

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Wednesday, January 25, 2012

iMore asks: Are you using Google Currents?

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Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/0MKCzdGlxNk/story01.htm

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Seal, Heidi Klum announce separation (omg!)

FILE - In this Feb. 13, 2011 file photo, Heidi Klum, left, and Seal arrive at the 53rd annual Grammy Awards in Los Angeles. In a statement Sunday, Jan. 22, 2012, the power-couple announced their separation. They say after "much soul searching" they've decided to separate, and blame the breakup on "growing apart." They married in 2005. (AP Photo/Chris Pizzello, File)

NEW YORK (AP) ? Seal and Heidi Klum have announced that their storybook marriage is coming to the end of the runway.

In a statement Sunday night, the power couple announced their separation after rumors swirled over the weekend that a divorce was imminent.

"While we have enjoyed seven very loving, loyal and happy years of marriage, after much soul searching we have decided to separate," the joint statement read. "We have had the deepest respect for one another throughout our relationship and continue to love each other very much, but we have grown apart. This is an amicable process and protecting the well-being of our children remains our top priority, especially during this time of transition. We thank our family, friends, and fans for their kind words of support. And for our children's sake, we appreciate you respecting our privacy."

The couple married in 2005 and has four children together, including the supermodel's daughter from a previous relationship.

They were one of Hollywood's most high-profile couples, and seemed to have the relationship everyone should envy. They two starred together in the music video "Secret," they renewed their wedding vows each anniversary, boasted of their love in the media, and threw Halloween bashes together where they dressed in outrageous outfits, most recently last year in New York City, where the two engaged in their typical public display of affection for the cameras.

In an interview with The Associated Press in 2007, the "Kiss from A Rose" singer described his wife, who has a tattoo of his name on her arm, as his best friend.

"It is really important that we have that understanding because apart from anything else it is really healthy," he said of the "Project Runway" host. "People often talk about the most important thing in a relationship. They say it is really important that you are turned on by your partner and you love each other, which is all really true.I often think that the most important thing or certainly up there with love is respect."

TMZ first reported on Saturday that the two planned to divorce this week.

His announcement comes as he releases his new album, "Soul 2," on Tuesday, which has songs like "Love T.K.O," ''Let's Stay Together" and "Love Don't Live Here Anymore."

___

AP Entertainment Writer Alicia Quarles contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//us.rd.yahoo.com/dailynews/external/omg_rss/rss_omg_en/news_seal_heidi_klum_announce_separation050252458/44269141/*http%3A//omg.yahoo.com/news/seal-heidi-klum-announce-separation-050252458.html

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Researchers develop gene therapy that could correct a common form of blindness

ScienceDaily (Jan. 23, 2012) ? A new gene therapy method developed by University of Florida researchers has the potential to treat a common form of blindness that strikes both youngsters and adults. The technique works by replacing a malfunctioning gene in the eye with a normal working copy that supplies a protein necessary for light-sensitive cells in the eye to function.

The findings are published Jan. 23 in the Proceedings of the National Academy of Sciences online.

Several complex and costly steps remain before the gene therapy technique can be used in humans, but once at that stage, it has great potential to change lives.

"Imagine that you can't see or can just barely see, and that could be changed to function at some levels so that you could read, navigate, maybe even drive -- it would change your life considerably," said study co-author William W. Hauswirth, Ph.D., the Rybaczki-Bullard professor of ophthalmology in the UF College of Medicine and a professor and eminent scholar in department of molecular genetics and microbiology and the UF Genetics Institute. "Providing the gene that's missing is one of the ultimate ways of treating disease and restoring significant visual function."

The researchers tackled a condition called X-linked retinitis pigmentosa, a genetic defect that is passed from mothers to sons. Girls carry the trait, but do not have the kind of vision loss seen among boys. About 100,000 people in the U.S. have a form of retinitis pigmentosa, which is characterized by initial loss of peripheral vision and night vision, which eventually progresses to tunnel vision, then blindness. In some cases, loss of sight coincides with the appearance of dark-colored areas on the usually orange-colored retina.

The UF researchers previously had success pioneering the use of gene therapy in clinical trials to reverse a form of blindness known as Leber's congenital amaurosis. About 5 percent of people who have retinitis pigmentosa have this form, which affects the eye's inner lining.

"That was a great advance, which showed that gene therapy is safe and lasts for years in humans, but this new study has the potential for a bigger impact, because it is treating a form of the disease that affects many more people," said John G. Flannery, Ph.D., a professor of neurobiology at the University of California, Berkeley who is an expert in the design of viruses for delivering replacement genes. Flannery was not involved in the current study.

The X-linked form of retinitis pigmentosa addressed in the new study is the most common, and is caused by degeneration of light-sensitive cells in the eyes known as photoreceptor cells. It starts early in life, so though affected children are often born seeing, they gradually lose their vision.

"These children often go blind in the second decade of life, which is a very crucial period," said co-author Alfred S. Lewin, Ph.D., a professor in the UF College of Medicine department of molecular genetics and microbiology and a member of the UF Genetics Institute. "This is a compelling reason to try to develop a therapy, because this disease hinders people's ability to fully experience their world."

Both Lewin and Hauswirth are members of UF's Powell Gene Therapy Center.

The UF researchers and colleagues at the University of Pennsylvania performed the technically challenging task of cloning a working copy of the affected gene into a virus that served as a delivery vehicle to transport it to the appropriate part of the eye. They also cloned a genetic "switch" that would turn on the gene once it was in place, so it could start producing a protein needed for the damaged eye cells to function.

After laboratory tests proved successful, the researchers expanded their NIH-funded studies and were able to cure animals in which X-linked retinitis pigmentosa occurs naturally. The injected genes made their way only to the spot where they were needed, and not to any other places in the body. The study gave a good approximation of how the gene therapy might work in humans.

"The results are encouraging and the rescue of the damaged photoreceptor cells is quite convincing," said Flannery, who is on the scientific advisory board of the Foundation Fighting Blindness, which provided some funding for the study. "Since this type of study is often the step before applying a treatment to human patients, showing that it works is critical."

The researchers plan to repeat their studies on a larger scale over a longer term, and make a version of the virus that proves to be safe in humans. Once that is achieved, a pharmaceutical grade of the virus would have to be produced and tested before moving into clinical trials in humans. The researchers will be able to use much of the technology they have already developed and used successfully to restore vision.

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Story Source:

The above story is reprinted from materials provided by University of Florida Health Science Center. The original article was written by Czerne M. Reid.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. William A. Beltran, Artur V. Cideciyan, Alfred S. Lewin, Simone Iwabe, Hemant Khanna, Alexander Sumaroka, Vince A. Chiodo, Diego S. Fajardo, Alejandro J. Rom?n, Wen-Tao Deng, Malgorzata Swider, Tomas S. Alem?n, Sanford L. Boye, Sem Genini, Anand Swaroop, William W. Hauswirth, Samuel G. Jacobson, Gustavo D. Aguirre. Gene therapy rescues photoreceptor blindness in dogs and paves the way for treating human X-linked retinitis pigmentosa. Proceedings of the National Academy of Sciences, 2012; DOI: 10.1073/pnas.1118847109

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://www.sciencedaily.com/releases/2012/01/120123163412.htm

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Tuesday, January 24, 2012

Report: South Sudan sues Khartoum over oil (AP)

KHARTOUM, Sudan ? South Sudan is suing Sudan for "looting" its oil and will no longer export crude through its northern neighbor, a Sudanese daily reported Sunday, citing officials, in the latest spat between the two governments over the coveted resource in the newly-independent southern nation.

South Sudan Oil Minister Marial Benjamin said the lawsuit was filed in "specialized international tribunals against Sudan and some companies" that bought the crude," Al-Sahafa daily said. Benjamin did not provide additional details on the venue or when the lawsuit was filed.

The case is the latest development in a long-simmering fight between the two governments over the oil they share, but which sits largely within the borders of the newly-independent South Sudan.

On Jan. 17, South Sudan Minister of Petroleum and Mining Stephen Dhieu Dau said Sudan is diverting about 120,000 barrels of oil pumped daily from the south daily, a move the northern government said stemmed from the unpaid transit fees for the oil carried in pipelines from the south to export terminals in its territory. The two sides have been unable to resolve the dispute.

South Sudan's cabinet affairs minister, Deng Alor, said that his country had halted pumping crude through Sudan and would begin building a pipeline across east Africa that would allow them to export the oil from Kenya. The project would take about a year, he told Al-Sahafa.

"Our economy will not be affected by this step," he said, adding that South Sudan had enough in cash reserves to sustain it for five years. Even if the economy was to be affected, it would be preferable to the "looting" taking place by Sudan, he was quoted as saying by the newspaper.

The Khartoum government downplayed the potential impact of the move by the south, with Sudanese State Minister for Cabinet Affairs Amin Hassan Omar saying that the oil currently held in pipelines would cover a considerable portion of the debts owed by the south.

The suspension of oil production is a "tactical move that will not last long,' he told Al-Sahafa.

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/ap/20120122/ap_on_bi_ge/ml_sudan_south_sudan_oil

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Portuguese science scores high with American funder

Portuguese science scores high with American funder [ Back to EurekAlert! ] Public release date: 24-Jan-2012
[ | E-mail | Share Share ]

Contact: Ana Godinho
agodinho@igc.gulbenkian.pt
351-214-407-959
Instituto Gulbenkian de Ciencia

5 scientists working in Portugal considered 'world class' by prominent Howard Hughes Medical Institute

Five of the 28 scientists considered "people who, 10 years from now () will be the scientific leaders in their countries", by the Howard Hughes Medical Institute, are working in Portugal. The four Portuguese and one American researchers are based at the Instituto Gulbenkian de Cincia (IGC), the Instituto de Tecnologia Qumica e Biolgica (ITQB), the Instituto de Medicina Molecular (IMM) and the Champalimaud Foundation (Neuroscience Programme).

The Howard Hughes Medical Institute (HHMI) is one of the major philanthropies in the world, well-known for its central role in advancing research in such important areas of human health as cancer, AIDS research, heart disease and diabetes. Under the banner 'people, not projects', HHMI supports approximately 330 researchers, including 13 Nobel Prize winners and 147 members of the National Academy of Sciences.

HHMI's newest awardees were chosen from 760 candidates, from 18 countries. Each researcher secures USD650,000 in funding (just over Euro513,000), over a five-year period, to carry out research in such diverse areas as neuroscience, parasitology, ageing and bacterial communication. All have trained in the United States, have been leaders of independent research group for less than seven years (thus being considered 'early career scientists'), have made significant contributions to their fields of research and proposed ambitious and high-impact research programmes in this competition.

Of the twelve countries hosting awardees, Portugal ranks second in terms of number of scientists, ex-aequo with Spain; China is the country with the largest number of awardees (seven). The scientists working in Portugal speak as one in underscoring the resounding success of the 'Portuguese' applications: "For a relatively small scientific community, such as the one in this country, to have five out of 28 awardees is a clear signal of the standing of scientists working in Portugal. Furthermore, it is revealing of our research centres' capacity to compete in the international playing field. It is increasingly evident that it is possible to carry out world-class research in Portugal". The group stresses the need to strengthen ongoing investment in science and technology, in order to maximize the country's competitiveness and sustained development.

Karina Xavier and Miguel Godinho Ferreira have been at the IGC since 2006. Karina is also a researcher at neighbouring ITQB. For a few years they shared an office, but they work in very different fields of research. Karina studies the mechanisms whereby bacteria communicate with other bacteria, either of the same or different species. She hopes to control communication between bacteria that make up the gut flora, so as to manipulate its composition and make the most of its protective properties against infection, inflammation and nutritional imbalances.

Miguel's research goals lie in understanding the mechanisms that underlie the ageing process. Using the zebrafish as a model organism, he plans to target the processes that regulate ageing at the cellular level, thus reducing the incidence of age-related diseases, such as cancer. Miguel is particularly interested in unraveling how the shortening of telomeres (protective structures on the tips of chromosomes) contributes to ageing and cancer.

Lusa Figueiredo, at the Institute for Molecular Medicine, has long been interested in how Trypanosoma brucei, the parasite that causes African sleeping sickness, evades the immune system of animals and humans it infects. Researchers know that the parasite does this by rapidly changing the coat of proteins it displays on its surface. Luisa is now identifying the molecular processes involved in this process, with surprising results.

Rui Costa and Megan Carey are both at the Champalimaud Centre for the Unknown, and both are interested in analysing brain circuits that control behaviour: how they are set up, how they work at the cellular level, and how it all comes together in the very complex brain, to control movement, learning, memory and actions (both learned and prewired).

###


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Portuguese science scores high with American funder [ Back to EurekAlert! ] Public release date: 24-Jan-2012
[ | E-mail | Share Share ]

Contact: Ana Godinho
agodinho@igc.gulbenkian.pt
351-214-407-959
Instituto Gulbenkian de Ciencia

5 scientists working in Portugal considered 'world class' by prominent Howard Hughes Medical Institute

Five of the 28 scientists considered "people who, 10 years from now () will be the scientific leaders in their countries", by the Howard Hughes Medical Institute, are working in Portugal. The four Portuguese and one American researchers are based at the Instituto Gulbenkian de Cincia (IGC), the Instituto de Tecnologia Qumica e Biolgica (ITQB), the Instituto de Medicina Molecular (IMM) and the Champalimaud Foundation (Neuroscience Programme).

The Howard Hughes Medical Institute (HHMI) is one of the major philanthropies in the world, well-known for its central role in advancing research in such important areas of human health as cancer, AIDS research, heart disease and diabetes. Under the banner 'people, not projects', HHMI supports approximately 330 researchers, including 13 Nobel Prize winners and 147 members of the National Academy of Sciences.

HHMI's newest awardees were chosen from 760 candidates, from 18 countries. Each researcher secures USD650,000 in funding (just over Euro513,000), over a five-year period, to carry out research in such diverse areas as neuroscience, parasitology, ageing and bacterial communication. All have trained in the United States, have been leaders of independent research group for less than seven years (thus being considered 'early career scientists'), have made significant contributions to their fields of research and proposed ambitious and high-impact research programmes in this competition.

Of the twelve countries hosting awardees, Portugal ranks second in terms of number of scientists, ex-aequo with Spain; China is the country with the largest number of awardees (seven). The scientists working in Portugal speak as one in underscoring the resounding success of the 'Portuguese' applications: "For a relatively small scientific community, such as the one in this country, to have five out of 28 awardees is a clear signal of the standing of scientists working in Portugal. Furthermore, it is revealing of our research centres' capacity to compete in the international playing field. It is increasingly evident that it is possible to carry out world-class research in Portugal". The group stresses the need to strengthen ongoing investment in science and technology, in order to maximize the country's competitiveness and sustained development.

Karina Xavier and Miguel Godinho Ferreira have been at the IGC since 2006. Karina is also a researcher at neighbouring ITQB. For a few years they shared an office, but they work in very different fields of research. Karina studies the mechanisms whereby bacteria communicate with other bacteria, either of the same or different species. She hopes to control communication between bacteria that make up the gut flora, so as to manipulate its composition and make the most of its protective properties against infection, inflammation and nutritional imbalances.

Miguel's research goals lie in understanding the mechanisms that underlie the ageing process. Using the zebrafish as a model organism, he plans to target the processes that regulate ageing at the cellular level, thus reducing the incidence of age-related diseases, such as cancer. Miguel is particularly interested in unraveling how the shortening of telomeres (protective structures on the tips of chromosomes) contributes to ageing and cancer.

Lusa Figueiredo, at the Institute for Molecular Medicine, has long been interested in how Trypanosoma brucei, the parasite that causes African sleeping sickness, evades the immune system of animals and humans it infects. Researchers know that the parasite does this by rapidly changing the coat of proteins it displays on its surface. Luisa is now identifying the molecular processes involved in this process, with surprising results.

Rui Costa and Megan Carey are both at the Champalimaud Centre for the Unknown, and both are interested in analysing brain circuits that control behaviour: how they are set up, how they work at the cellular level, and how it all comes together in the very complex brain, to control movement, learning, memory and actions (both learned and prewired).

###


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Source: http://www.eurekalert.org/pub_releases/2012-01/igdc-pss012312.php

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Saturday, January 21, 2012

Chart of the Day* (talking-points-memo)

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

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EBay reports higher 4Q earnings, revenue (AP)

SAN FRANCISCO ? EBay reported on Wednesday that its net income grew sharply in the fourth quarter, helped by a gain from the sale of its remaining investment in Skype. Its results beat Wall Street's expectations, boosted by strong holiday sales at its namesake website and growth at PayPal, its online payments business.

Investors sent eBay's stock higher in after-hours trading. The company gave a first-quarter outlook that was shy of analysts' estimates. However, its guidance for the full year was stronger than expected, suggesting robust earnings momentum later in 2012.

CEO John Donahoe called 2011 an "inflection point for shopping." This means the lines between online and offline shopping are blurring, as even people who shop in retail stores are increasingly using their mobile devices to compare prices, check for deals or search for products.

If all goes as planned, that's where eBay comes in.

"For consumers and retailers, we intend to make shopping more locally convenient and more globally accessible," he said in a conference call with analysts. "This means enabling retailers of all sizes to reach consumers when, where and how those consumers want to shop."

EBay's long-term plan is to transform into a commerce company that melds the online and offline shopping worlds. As part of this effort, it has been expanding PayPal's reach beyond the Web, to mobile devices and tablets. The company is also testing a service that will let people use their PayPal accounts to shop in brick-and-mortar stores, though the program is still in the early stages.

The company earned $1.98 billion, or $1.51 per share, in the October-December quarter. That's up from $559 million, or 42 cents per share, in the same period a year earlier. Excluding special items such as the Skype gain, eBay Inc. says it earned 60 cents per share in the latest quarter, above the 57 cents that analysts were expecting.

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

On average, analysts polled by FactSet expected revenue of $3.32 billion.

The e-commerce and online payments company said its PayPal business continued to grow, ending the quarter with more than 106 million active accounts. That's up 13 percent from a year earlier. Revenue jumped 28 percent to $1.24 billion and the business processed $33.4 billion worth of payments during the quarter. That's up 24 percent from a year earlier.

As more people used their smartphones and tablets to buy things online, payments made through mobile devices accounted for $4 billion of the total payments processed through PayPal ? a more than fivefold increase from the prior year.

The company's marketplaces business, which includes eBay.com and other e-commerce sites and businesses, saw its revenue grow 16 percent to $1.77 billion. Marketplaces' gross merchandise volume, an important metric that measures all items sold on eBay excluding vehicles, rose 10 percent to $16.5 billion.

EBay's outlook for the current quarter fell shy of expectations. The company expects adjusted first-quarter earnings of 50 cents to 51 cents per share on revenue of $3.05 billion to $3.15 billion. Analysts are predicting earnings of 54 cents per share on revenue of $3.16 billion.

For all of 2012, the company is forecasting adjusted earnings of $2.25 to $2.30 per share on revenue of $13.7 to $14 billion. Analysts are expecting $2 per share in earnings and $11.59 billion in revenue.

The San Jose, Calif.-based company's stock climbed 60 cents, or 2 percent, to $30.94 in after-hours trading after closing down 19 cents at $30.34.

Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http%3A//news.yahoo.com/s/ap/20120119/ap_on_hi_te/us_earns_ebay

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