Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/168007233?client_source=feed&format=rss
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Friday, 2 December 2011
Monday, 28 November 2011
Sunday, 27 November 2011
Mom elated that US students to be freed in Egypt (AP)
JEFFERSON CITY, Mo. ? The mother of one of three American students arrested in Cairo says news of their pending release is the best Thanksgiving gift.
Joy Sweeney told The Associated Press that the consul general confirmed around 6 a.m. Thursday that the young men, including her 19-year-old son Derrik Sweeney, will be released.
Derrik Sweeney, a Georgetown University student, was arrested during protests Sunday near Cairo's Tahrir Square. Also arrested was Luke Gates, a 21-year-old Indiana University student from Bloomington, Ind., and Gregory Porter, a 19-year-old Drexel University student from Glenside, Pa.
Joy Sweeney says she is elated and that she hopes her son will head home to Jefferson City, Mo., on Friday.
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Saturday, 26 November 2011
Biden's 2012 targets: Ohio, Pennsylvania, Florida (AP)
WASHINGTON ? A year from Election Day, Democrats are crafting a campaign strategy for Vice President Joe Biden that targets the big three political battlegrounds: Ohio, Pennsylvania, and Florida, states where Biden might be more of an asset to President Barack Obama's re-election campaign than the president himself.
The Biden plan underscores an uncomfortable reality for the Obama team. A shaky economy and sagging enthusiasm among Democrats could shrink the electoral map for Obama in 2012, forcing his campaign to depend on carrying the 67 electoral votes up for grabs in the three swing states.
Obama won all three states in 2008. But this time he faces challenges in each, particularly in Ohio and Florida, where voters elected Republican governors in the 2010 midterm elections.
The president sometimes struggles to connect with Ohio and Pennsylvania's white working-class voters, and Jewish voters who make up a core constituency for Florida Democrats and view him with skepticism.
Biden has built deep ties to both groups during his four decades in national politics, connections that could make a difference.
As a long-serving member of the Senate Foreign Relations Committee, Biden cemented his reputation as an unyielding supporter of Israel, winning the respect of many in the Jewish community. And Biden's upbringing in a working class, Catholic family from Scranton, Pa., gives him a valuable political intangible: He empathizes with the struggles of blue-collar Americans because his family lived those struggles.
"Talking to blue-collar voters is perhaps his greatest attribute," said Dan Schnur, a Republican political analyst. "Obama provides the speeches, and Biden provides the blue-collar subtitles."
While Biden's campaign travel won't kick into high gear until next year, he's already been making stops in Ohio, Pennsylvania and Florida this fall, speaking at events focused on education, public safety and small businesses and raising campaign cash. Behind the scenes, he's working the phones with prominent Jewish groups and Catholic organizations in those states, a Democratic official said.
Biden is also targeting organized labor, speaking frequently with union leaders in Ohio ahead of a vote earlier this month on a state law that would have curbed collective bargaining rights for public workers. After voters struck down the measure, Biden traveled to Cleveland to celebrate the victory with union members.
The Democratic official said the vice president will also be a frequent visitor to Iowa and New Hampshire in the coming weeks, seeking to steal some of the spotlight from the Republican presidential candidates blanketing those states ahead of the January caucus and primary.
And while Obama may have declared that he won't be commenting on the Republican presidential field until there's a nominee, Biden is following no such rules. He's calling out GOP candidates by name, and in true Biden style, he appears to be relishing in doing so.
During a speech last month to the Florida Democratic Convention, Biden singled out "Romney and Rick", criticizing former Massachusetts Gov. Mitt Romney for saying the government should let the foreclosure crisis hit rock bottom, and hammering Texas Gov. Rick Perry's assertion that he would send U.S. troops into Mexico.
And he took on the full GOP field during an October fundraiser in New Hampshire, saying "There is no fundamental difference among all the Republican candidates."
Democratic officials said Biden will follow in the long-standing tradition of vice presidents playing the role of attack dog, allowing Obama to stay out of the fray and appear more focused on governing than campaigning.
The officials spoke on the condition of anonymity in order to discuss internal strategy. The Obama campaign has been reluctant to publically define Biden's role in the re-election bid this early in the run, though campaign manager Jim Messina did say the vice president would deliver an economic message to appeal for support.
"You'll see him in communities across the country next year laying out the choice we face: restoring economic security for the middle class or returning to the same policies that led to our economic challenges," Messina said.
Democrats say Biden will campaign for House candidates in swing states as the party tries to recapture some of the seats in Congress lost during the 2010 midterms.
And here again, the vice president's efforts in politically crucial Ohio, Pennsylvania and Florida could be most important. The Democratic Congressional Campaign Committee is targeting 12 districts in those states that Obama and Biden carried in the 2008 presidential race but are represented by Republican representatives.
New York Rep. Steve Israel, who chairs the committee, said he believes Biden could be a "game-changer" in those districts.
"All he has to do is ask voters, has the Republican strategy of no worked for you?" Israel said.
Israel met with Obama and Biden at the White House earlier this month to discuss, among other things, their role in congressional campaigns. While Israel said he hopes Obama will actively campaign for Democratic House candidates, he said "the vice president has already volunteered."
___
Julie Pace can be reached at http://twitter.com/jpaceDC.
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Brain imaging, behavior research reveals physicians learn more by paying attention to failure
Brain imaging, behavior research reveals physicians learn more by paying attention to failure
Thursday, November 24, 2011When seeking a physician, you should look for one with experience. Right? Maybe not. Research on physicians' decision-making processes has revealed that those who pay attention to failures as well as successes become more adept at selecting the correct treatment.
"We found that all the physicians in the study included irrelevant criteria in their decisions," said Read Montague, Ph.D., director of the Human Neuroimaging Laboratory at the Virginia Tech Carilion Research Institute, who led the study. "Notably, however, the most experienced doctors were the poorest learners."
The research is published in the Nov. 23 issue of PLoS One, the Public Library of Science open-access journal, in the article, "Neural correlates of effective learning in experienced medical decision-makers," by Jonathan Downar, M.D., Ph.D., assistant professor of psychiatry at the University of Toronto and Toronto Western Hospital; Meghana Bhatt, Ph.D., assistant research professor at Beckman Research Institute, the City of Hope Hospital, Duarte, Calif.; and Montague, who is also a professor of physics in the College of Science at Virginia Tech.
The researchers used functional magnetic resonance imaging (fMRI) to look at the brain activity of 35 experienced physicians in a range of non-surgical specialties as they made decisions.
The doctors were instructed to select between two treatments for a series of simulated patients in an emergency room setting. "First they had a chance to learn by experience which of two medications worked better in a series of 64 simulated heart-attack patients, based on a simplified history with just six factors," said Bhatt.
Unknown to the test subjects, of the six factors, only one was actually relevant to the decision: diabetes status. One medication had a 75 percent success rate in patients with diabetes, but only a 25 percent success rate in patients without diabetes. The other had the opposite profile. The physicians had 10 seconds to select a treatment. Then they were briefly presented with an outcome of "SUCCESS: (heart attack) aborted" or "FAILURE: No response."
"After the training, we tested the physicians to see how often they were able to pick the better drug in a second series of 64 simulated patients," said Bhatt. "When we looked at their performance, the doctors separated into two distinct groups. One group learned very effectively from experience, and chose the better drug more than 75 percent of the time. The other group was terrible; they chose the better drug only at coin-flipping levels of accuracy, or half the time, and they also came up with inaccurate systems for deciding how to prescribe the medications, based on factors that didn't matter at all."
In fact, all the doctors reported including at least one of the five irrelevant factors, such as age or previous heart attack, in their decision process.
"The brain imaging showed us a clear difference in the mental processes of the two groups," said Montague. "The high performers activated their frontal lobes when things didn't go as expected and the treatments failed." Such activity showed that the doctors learned from their failures, he said. These physicians gradually improved their performance.
In contrast, the low performers activated their frontal lobes when things did go as expected, said Bhatt. "In other words, they succumbed to 'confirmation bias,' ignoring failures and learning only from the successful cases. Each success confirmed what the low performers falsely thought they already knew about which treatment was better." The researchers termed this counterproductive learning pattern "success-chasing."
"The problem with remembering successes and ignoring failures is that it doesn't leave us any way to abandon our faulty ideas. Instead, the ideas gain strength from each chance success, until they evolve into something like a superstition," said Downar.
The fMRI showed that a portion of the brain called the nucleus accumbens "showed significant anticipatory activation well before the outcome of the trial was revealed, and this anticipatory activation was significantly greater prior to successful outcomes," Montague said. "Based on the outcome of the training phase, we were actually able to predict results in the testing phase for each low-performing subject's final set of spurious treatment rules."
The authors state in the article that the formation of spurious beliefs is universal, such as an athlete's belief in a lucky hat. "But the good news is that physicians can probably be trained to think more like the high performers," said Downar. "I tell my students to remember three things: First, when you're trying to work out a diagnosis, remember to also ask the questions that would prove your hunches wrong. Second, when you think you have the answer, think again and go through the possible alternatives. Third, if the treatment isn't going as expected, don't just brush it off ? ask yourself what you could have missed."
"These findings underscore the dangers of disregarding past failures when making high-stakes decisions," said Montague. "'Success-chasing' not only can lead doctors to make flawed decisions in diagnosing and treating patients, but it can also distort the thinking of other high-stakes decision-makers, such as military and political strategists, stock market investors, and venture capitalists."
###
Virginia Tech: http://www.vtnews.vt.edu
Thanks to Virginia Tech for this article.
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Friday, 25 November 2011
Robot lets you use your Kinect to clean grandma?s house without leaving your own (Yahoo! News)
What?can't you do with the Kinect? We already know you can use it to play video games on the?side of a building, use your?hand as a smartphone, and even use it to?perform surgery. And using the motion-detecting gaming accessory to control a robot isn't new, either: Japanese scientists have already created a?robotic seeing-eye dog. But now industrial robot maker?Yaskawa Electric has?upped the ante with a humanoid robot that can be controlled remotely using the Kinect.
The SmartPal VII is what's called a telepresence bot? ? a robot that essentially allows you to be somewhere you're not, at least in robotic form. So if, for example, your grandmother needs help with household chores, you could use the SmartPal to do them for her, even if you're in a different city.
It has head-mounted?stereoscopic cameras to allow for more precise visual input and ease of navigation, and the arms are light weight and equipped with touch sensors to make it safer for human interaction. The robot is able to recognize and move about its environment independently, so the human controller doesn't have to use exactly the same motions as what he wants the robot to perform. The SmartPal extrapolates to, for example, lean farther over in order to pick up an object from the floor.
The SmartPal VII was demonstrated at the?2011 International Robot Exhibition, but there's no word yet on when it might be available to the public or how much it will cost.
[via?Engadget]
This article was written by Katherine Gray and originally appeared on Tecca
More from Tecca:
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Celebrities serve up turkey to LA's homeless (AP)
LOS ANGELES ? Kim Kardashian, Blair Underwood and other celebrities served up a Thanksgiving day meal to the homeless in Los Angeles.
Longtime Los Angeles Mission supporter and screen legend Kirk Douglas along with his wife Anne hosted the Wednesday event for the seventh year in a row.
Los Angeles Mayor Antonio Villaraigosa served up turkey and posed for pictures with Kardashian and Jennifer Love Hewitt.
Organizers estimated there were 3,000 pounds of turkey, 700 pounds of mashed potatoes, 80 gallons of gravy and 600 pies.
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Thursday, 24 November 2011
Researchers develop method for advancing development of antipsychotic drugs
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Public release date: 23-Nov-2011[ | E-mail |
Share ] Contact: Sathya Achia Abraham
sbachia@vcu.edu
804-827-0890
Virginia Commonwealth University
RICHMOND, Va. (Nov. 23, 2011) Researchers interested in the treatment of schizophrenia and dementia have clarified how antipsychotic drugs that target a complex of two receptors at the surface of cells in the brain work, according to a new study published online Nov. 23 in the journal Cell.
The multidisciplinary team included researchers from the Virginia Commonwealth University School of Medicine, together with the Mount Sinai School of Medicine in New York and the University of Maryland School of Pharmacy in Baltimore. In an earlier, but related study, the Mount Sinai School of Medicine team had shown that two brain receptors, which bind the critical neurotransmitter signals serotonin and glutamate at the outside of the cell, form a complex in the areas of the brain that malfunction in schizophrenic patients.
The team has now developed a metric that may help determine the effectiveness of antipsychotic drugs and advance drug design. The present work fills an important gap in knowledge as previously researchers did not understand how this receptor complex was connected to the phenotype of schizophrenia.
The current study findings show that the connection between the complex of the two receptors and the schizophrenic phenotype is a defect in how the serotonin and glutamate signals get interpreted at the inside of the cell, a process referred to as signaling. Moreover, it shows how antipsychotic drugs used to treat patients work to correct such a defect in the brain.
"Not only have we learned how antipsychotics drugs are effective, but we have also found that the signaling through this receptor complex is critical to how these anti-psychotics work," said the study's principal investigator Diomedes E. Logothetis, Ph.D., an internationally recognized leader in the study of ion channels and cell signaling mechanisms and chair of the VCU School of Medicine's Department of Physiology and Biophysics.
According to Logothetis, the most common cellular targets for drugs used in the clinic and by the pharmaceutical industry are G protein-coupled receptors, such as the ones that were examined in this study. Using cell and animal models, they found that the receptors signal very differently when they are together as a complex than when they are apart.
The metric developed by the team could be used to screen new drugs and determine their level of effectiveness, or be used to assess combination therapies - that is, putting two previously ineffective drugs together and making them more useful for some patients. Ultimately this work may translate to creating better antipsychotic drugs for patients.
"We can use the metric we developed to screen new drugs and determine their level of effectiveness," Logothetis said. "We can also use the metric to assess what combinations of existing drugs will give us the ideal balance between the signaling through the two receptors of the complex."
Logothetis said the hope is that by using this approach one day researchers will be able to develop a means by which high-throughput screening of drugs can be performed and they also will be able to develop more effective combinations of drugs that are able to help the third of schizophrenic patients who do not respond to current treatments.
Future studies will focus on further identifying the protein targets of the unique signaling pattern of this receptor complex and their link to schizophrenia.
The study was supported by grants from the National Institutes of Health.
###
EDITOR'S NOTE: A copy of the study is available for reporters by email request from the journal by contacting elyons@cell.com.
About VCU and the VCU Medical Center: Virginia Commonwealth University is a major, urban public research university with national and international rankings in sponsored research. Located on two downtown campuses in Richmond, VCU enrolls more than 31,000 students in 216 certificate and degree programs in the arts, sciences and humanities. Sixty-nine of the programs are unique in Virginia, many of them crossing the disciplines of VCU's 13 schools and one college. MCV Hospitals and the health sciences schools of Virginia Commonwealth University compose the VCU Medical Center, one of the nation's leading academic medical centers. For more, see www.vcu.edu.
[ | E-mail | 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.
Public release date: 23-Nov-2011[ | E-mail |
Share ] Contact: Sathya Achia Abraham
sbachia@vcu.edu
804-827-0890
Virginia Commonwealth University
RICHMOND, Va. (Nov. 23, 2011) Researchers interested in the treatment of schizophrenia and dementia have clarified how antipsychotic drugs that target a complex of two receptors at the surface of cells in the brain work, according to a new study published online Nov. 23 in the journal Cell.
The multidisciplinary team included researchers from the Virginia Commonwealth University School of Medicine, together with the Mount Sinai School of Medicine in New York and the University of Maryland School of Pharmacy in Baltimore. In an earlier, but related study, the Mount Sinai School of Medicine team had shown that two brain receptors, which bind the critical neurotransmitter signals serotonin and glutamate at the outside of the cell, form a complex in the areas of the brain that malfunction in schizophrenic patients.
The team has now developed a metric that may help determine the effectiveness of antipsychotic drugs and advance drug design. The present work fills an important gap in knowledge as previously researchers did not understand how this receptor complex was connected to the phenotype of schizophrenia.
The current study findings show that the connection between the complex of the two receptors and the schizophrenic phenotype is a defect in how the serotonin and glutamate signals get interpreted at the inside of the cell, a process referred to as signaling. Moreover, it shows how antipsychotic drugs used to treat patients work to correct such a defect in the brain.
"Not only have we learned how antipsychotics drugs are effective, but we have also found that the signaling through this receptor complex is critical to how these anti-psychotics work," said the study's principal investigator Diomedes E. Logothetis, Ph.D., an internationally recognized leader in the study of ion channels and cell signaling mechanisms and chair of the VCU School of Medicine's Department of Physiology and Biophysics.
According to Logothetis, the most common cellular targets for drugs used in the clinic and by the pharmaceutical industry are G protein-coupled receptors, such as the ones that were examined in this study. Using cell and animal models, they found that the receptors signal very differently when they are together as a complex than when they are apart.
The metric developed by the team could be used to screen new drugs and determine their level of effectiveness, or be used to assess combination therapies - that is, putting two previously ineffective drugs together and making them more useful for some patients. Ultimately this work may translate to creating better antipsychotic drugs for patients.
"We can use the metric we developed to screen new drugs and determine their level of effectiveness," Logothetis said. "We can also use the metric to assess what combinations of existing drugs will give us the ideal balance between the signaling through the two receptors of the complex."
Logothetis said the hope is that by using this approach one day researchers will be able to develop a means by which high-throughput screening of drugs can be performed and they also will be able to develop more effective combinations of drugs that are able to help the third of schizophrenic patients who do not respond to current treatments.
Future studies will focus on further identifying the protein targets of the unique signaling pattern of this receptor complex and their link to schizophrenia.
The study was supported by grants from the National Institutes of Health.
###
EDITOR'S NOTE: A copy of the study is available for reporters by email request from the journal by contacting elyons@cell.com.
About VCU and the VCU Medical Center: Virginia Commonwealth University is a major, urban public research university with national and international rankings in sponsored research. Located on two downtown campuses in Richmond, VCU enrolls more than 31,000 students in 216 certificate and degree programs in the arts, sciences and humanities. Sixty-nine of the programs are unique in Virginia, many of them crossing the disciplines of VCU's 13 schools and one college. MCV Hospitals and the health sciences schools of Virginia Commonwealth University compose the VCU Medical Center, one of the nation's leading academic medical centers. For more, see www.vcu.edu.
[ | E-mail | 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/2011-11/vcu-rdm112211.php
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Volume issues for some Galaxy Nexus users; Vodafone delays release (Appolicious)
Android 4.0 brings with it some exciting capabilities for new Android handsets, but devices running the new software are already demonstrating early issues. A number of Samsung Galaxy Nexus users in the UK have reported issues with the volume on their Android 4.0 devices, with the sound control moving up and down on its own. In some cases, the volume goes all the way down during calls, making it impossible to carry on conversations. Some users note that the volume issues only occur while making calls on 2G networks.
It?s an odd issue, but one that hinders the proper use of the Galaxy Nexus for its core functions. UK Wireless provider O2 has been busy keeping angry customers at bay, tweeting this morning that ?unfortunately we don?t have a fix, it has been reported to Google & Samsung though. Sorry!? Vodafone, on the other hand, has delayed its launch of the Galaxy Nexus because of the bugs, saying they?re continuing to test the device?s software to ensure customer satisfaction. While UK users were the first to get the Galaxy Nexus, hopefully the phantom volume bug will be worked out before it hits the US market, where it will sell through Verizon stores.
Flash coming for Android 4.0
Android 4.0 has been inspiring others, as Adobe plans on delivering a version of its Flash Player mobile for ICS handsets by the end of the year. That means devices like the Galaxy Nexus will be able to play Flash games and animations in the browser. Flash?s incompatibility with Android 4.0 was discovered shortly after the Galaxy Nexus launch, with Google?s expectations for Adobe to release an updated version as the only consolation. While you may not be able to hear the sound effects of your favorite Flash-based mobile game, at least you?ll be able to play it.
There?s few other expectations from Google, Adobe or anyone else when it comes to Flash, however. Adobe?s already let on that this ICS update will be the final version for Android?s platform, as it announced its plans to shift focus to HTML5 earlier this month. Nevertheless, the update should keep users happy until HTML5 reaches the point of full standardization across the board.
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Wednesday, 23 November 2011
Grammy noms special to honor Ashford, Leiber (AP)
NEW YORK ? Three months after losing musical and life partner Nick Ashford, Valerie Simpson acknowledges that she still has a hard time performing any of the classic songs they created together.
"I get a big lump in my throat when I try to sing one of our songs right now," she said.
She'll get a little help next week as Usher is set to sing from the Ashford & Simpson catalog for what promises to be a poignant moment in the usually upbeat Grammy nominations prime-time special. It will be part of a joint tribute to Ashford and Jerry Leiber, and will also feature Mike Stoller, who was Leiber's longtime writing partner.
Leiber and Stoller wrote classics such as "Hound Dog," "Jailhouse Rock," "Yakety Yak" and other hit songs that came to define early rock `n' roll. Ashford and Simpson helped define the Motown sound with hits like "Ain't No Mountain High Enough," "Reach Out and Touch Somebody's Hand" and "You're All I Need to Get By," as well as soul hits for themselves and others.
"I knew both Jerry Leiber and Nick very well," said Ken Ehrlich, producer of the nominations special and the Grammy broadcast, on Monday. "It was pretty rough for me in August when they both passed away. ... We lost two of the greatest songwriters of the formative rock and R&B era."
The tribute will be a change in tone for the fourth annual special, to air live from the Nokia Theatre in Los Angeles on CBS on Nov. 30. The one-hour special in past years usually focused on select nominations and performances from those likely to get those bids. Rihanna, Katy Perry, the Band Perry, Sugarland and Lady Gaga are among those scheduled to participate.
But Ehrlich didn't want to wait until the Feb. 12 Grammy broadcast to honor the lost legends.
"It felt to me like it might be appropriate to do it at the end of the year, closer to the time of their passing," he said.
The segment will feature both Simpson and Stoller on separate pianos, as Usher sings. Simpson says she might join in when Usher sings one of their songs, which she expects to be "You're All I Need to Get By," but she's happy not to be doing most of the singing.
"It certainly would make it a lot easier," she said of Usher performing. "I will be very happy to lean on him."
She called the death of her husband, with whom she had two daughters, "the most difficult thing I've had to do in my life."
Simpson said his illness came quickly. "Nobody ever really thought of him being sick, and he really wasn't until the very end," she said.
The pair were married for 36 years. She said she still goes to their New York City restaurant and club, the Sugar Bar, where they nurtured upcoming talent over the years, and doesn't rule out writing music on her own.
"I figure the residue of what he leaves here will give me something to carry on with," she said. "I expect he'll be whispering in my ear and pointing me in a direction that is right, in time."
___
Online:
http://www.grammys.com
___
Nekesa Mumbi Moody is the AP's music writer. Follow her at http://www.twitter.com/nekesamumbi
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AP Interview: Gorbachev supports Egypt protests (AP)
BERLIN ? Former Soviet leader Mikhail Gorbachev, whose reforms emphasizing change and openness helped lead to the fall of Communism, says he sees today's protests in Egypt as "well-grounded and of vital importance."
"I am on the protesters' side," the 80-year-old Nobel Peace Prize winner told The Associated Press on Tuesday.
The comments came during the third straight day of violent clashes in Cairo between protesters and security forces. Demonstrators are calling for a "second revolution" to force out the generals who have failed to stabilize the country, salvage the economy or bring democracy since the ouster of authoritarian leader Hosni Mubarak.
More broadly, Gorbachev said that leaders across the Arab world are now faced with rising calls for democracy because they have been in power for too long, and have created situations where people's voices have not been not heard.
"It's clear no one provoked them, that this conflict appeared out of the blue," Gorbachev said of the demonstrators. "Things were building up, and it all means that democracy ? the way they had it ? did not really work."
He said, however, that there was not any one-size-fits-all solution for the region.
"I don't think there will be a single model for all (the protests) developing in those countries..." he said. "Each country has its own history, culture, experience ? you can't ignore that."
Gorbachev, whose policies of perestroika and glasnost brought the democratic changes that led ? against his will ? to the 1991 Soviet collapse, was in Berlin to announce that the city would host the 2012 awards that bear his name.
The Mikhail Gorbachev Award, which is given to people who bring change to the world, will this year focus on addressing the sustainability of the world's megacities and be presented in March.
He said Russian democracy is now facing a problem with Vladimir Putin, who served two terms as president before becoming prime minister. He is running again for the presidency in the country's upcoming March election and seems certain to be returned to office.
"No matter how it formally fits the constitution, it essentially discredits democratic principles," Gorbachev said.
He said that Russia is still "very far from becoming a country with a developed, rooted democracy" and what is needed is for leaders who truly represent the people to be elected, versus those who "act based on corporate ideas and interests."
"If a true democracy (emerges) in Russia, people who enjoy respect will come to power," he said. "People who can play the role of leaders, and who can defend and express the interests of the people."
He cautioned, however, that day may still be some time in coming.
"Russia is in the middle of its way to sustainable and effective democracy," he said. "Churchill was right by saying that democracy is not the best form of government, but the rest of them are even worse."
___
Associated Press Writer Mansur Mirovalev contributed to this report from Moscow.
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Tuesday, 22 November 2011
Disgraced ex-Boston archbishop leaves Rome job
VATICAN CITY?? Cardinal Bernard Law, who resigned in disgrace as Boston's archbishop in 2002 after the priest sex abuse scandal exploded in the United States, has retired from his subsequent job as head of a major Roman basilica.
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The Vatican said Monday that Pope Benedict XVI had accepted the 80-year-old Law's resignation as archpriest of St. Mary Major basilica and had named Spanish Monsignor Santos Abril y Castello to replace him.
Law's 2004 appointment as the archpriest of one of Rome's most important basilicas had been harshly criticized by victims of priestly sex abuse, who charged that bishops who covered up for pedophile priests should be punished, not rewarded.
Law turned 80 earlier this month. While the pope could have kept him on longer ? the dean of the College of Cardinals will be 84 this week, for example ? Benedict decided to replace him.
The Vatican announcement made no mention of Law's resignation, though, merely noting in a perfunctory, two-line statement that Benedict had named a new archpriest for the basilica.
Law became the first and so far only U.S. bishop to resign for mishandling cases of priests who sexually abused children.
The abuse crisis erupted in Law's Boston in 2002 after church records were made public showing that church officials had reports of priests molesting children, but kept the complaints secret and shuffled some priests from parish to parish rather than remove them or report them to police.
The crisis spread as similar sexual abuse complaints were uncovered in dioceses across the country. To date, U.S. dioceses have paid out nearly $3 billion in settlements to victims and other costs.
Law himself was named in hundreds of lawsuits accusing him of failing to protect children from known child molesters. After 18 years leading the nation's fourth-largest archdiocese, Law resigned in 2002, having asked Pope John Paul II twice before receiving permission to step down.
Ten months after he left office, Law's successor, now-Cardinal Sean P. O'Malley helped broker an $85 million settlement with more than 550 victims of pedophile priests.
While in Rome, Law has been a frequent presence at all major Vatican ceremonial and diplomatic events, a lifestyle that galled many abuse victims who have long insisted that the Vatican crack down on bishops who transfer abusive priests rather than report them to police.
Law's successor at St. Mary Major ? one of the four basilicas under the direct jurisdiction of the Vatican ? retired earlier this year as the Vatican's ambassador to Slovenia and Macedonia.
Abril y Castello, 76, is also the No. 2 prelate who helps take care of matters dealing with a papal death and runs the Vatican until a new pontiff is elected in a conclave.
Now that he is 80, Law can no longer vote in a conclave, but he remains a cardinal.
Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Source: http://www.msnbc.msn.com/id/45383850/ns/world_news-europe/
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Monday, 21 November 2011
Medicare to cover Provenge infusion costs: Dendreon (Reuters)
(Reuters) ? Medicare and Medicaid will cover the cost of infusion associated with Dendreon Corp's prostate cancer vaccine Provenge, the company said on Monday.
The ruling by the Centers for Medicare and Medicaid Services sent Dendreon shares up as much as 9 percent.
The Seattle-based company said that under the updated coverage policy, the costs associated with administering Provenge can now be billed separately.
Provenge costs about $93,000 for a standard course of treatment. Physicians are reimbursed $125 per infusion, on average, for biologic drugs, depending on geographic location and the length of the infusion, said Katherine Stueland, a spokeswoman for Dendreon.
The CMS decision covers claims for infusion costs of Provenge retroactive to June 30.
Provenge is a new type of cancer treatment that uses cells from a patient's own body to treat the disease.
Dendreon shares were up 4.2 percent to $8.69 in midday trading on Nasdaq. Earlier in the day they rose as high as $9.09.
(Reporting by Toni Clarke in Boston, editing by Gerald E. McCormick and John Wallace)
Source: http://us.rd.yahoo.com/dailynews/rss/cancer/*http%3A//news.yahoo.com/s/nm/20111121/hl_nm/us_dendreon
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Army, police charge Egypt protesters who vow to stay (Reuters)
CAIRO (Reuters) ? Police backed by the army used batons and teargas on Sunday to charge protesters in Cairo's Tahrir Square demanding Eygpt's ruling generals swiftly hand power to civilians, in some of the worst violence since the overthrow of Hosni Mubarak.
With little more than a week to go before a parliamentary election that starts the process of transition, the state news agency reported three dead in a second day of violence on Sunday and 192 wounded. Medical sources said four died on Sunday.
The latest deaths take the overall toll to at least five with more than 1,000 injured.
"The people want the toppling of the regime," thousands of protesters chanted before and after the charge by police backed by military officers who had stayed on the sidelines till then.
The demonstrators accuse the army of seeking to retain power from behind scenes as it oversees the transition, which could see the military remain in control until presidential elections which may not happen until late 2012 or early 2013.
Generals deny any such intention and the cabinet reiterated on Sunday that violence would not delay the staggered parliamentary elections that start on November 28.
The security forces, who moved in as darkness fell, beat some protesters with batons. One group of demonstrators formed a line and bowed in the traditional Muslim prayer, television images showed. Most held their line as the police moved in.
"The army sent soldiers to Tahrir to help state security disperse the protesters. They are beating us hard," said Ragab Shemiekhy, who has been in Tahrir throughout the latest protest.
A Reuters witness saw the dead body of a 28-year-old man on Sunday evening in a makeshift clinic on the edge of Tahrir Square. It was not clear how he had died or if the death was one of those reported by medical sources.
Army police detained dozens of people, a witness said. After initially fleeing, protesters poured back into the square.
"The military council are shutting their ears, they're ignoring us, they don't give a damn about us, and we're going to stay occupying the streets and demanding our rights. Eventually justice will prevail," said Amal El Mohandes, 31.
Egypt's benchmark index tumbled about 2.5 percent on Sunday as investors worried about the outcome of the clashes.
ISLAMISTS DISTANCE THEMSELVES
The protest that began on Friday was led by Islamists. But it has since been largely driven by many of the same youthful activists who ended Mubarak's 30-year rule, putting national pride over religion. Some Islamists, including of the biggest group, the Muslim Brotherhood, have since withdrawn.
"Those in the square to do not belong to any party. This is a new scene," Ahmed Abo Barka of the Brotherhood's Freedom and Justice Party told Al Jazeera. "They want to block the route before the Egyptian people who want their election."
The Brotherhood, banned under Mubarak, had tended to take a softer line toward the military than some other groups, which analysts say is to ensure elections go ahead and prevent any return to the kind of repression is suffered in the past.
A row has erupted between political groups and the army-picked cabinet over ground rules for drafting the constitution that could leave the military free of civilian control. Parliament is to pick the assembly to draw up the constitution.
Many Egyptians are angry that nine months after ousting Mubarak, the army remains in charge and police are still using the same heavy-handed tactics against demonstrators.
"We are on the brink of danger. Those asking for the government to fall are asking for the state to fall," Egyptian army General Mohsen Fangary had told a television channel early on Sunday.
He said the election would go ahead on time and the army and Interior Ministry would maintain security. He also said the army, in line with a timetable previously announced, aimed to return to barracks by the end of 2012. Presidential elections could be held by then.
The army-backed cabinet had outraged many Egyptians by presenting proposals for the new constitution that would have shielded the army's budget from civilian oversight and given it a broad national security remit.
It had amended the proposals to give civilian powers more say but this was not enough to prevent Friday's protest.
After a cabinet meeting on Sunday, Deputy Prime Minister Ali al-Silmi said: "We will not back down from the last proposed amendments to the constitutional document."
'TROUBLEMAKERS'
During streets battles on Saturday night and Sunday morning, police fired round after round of teargas at protesters near the Interior Ministry. Closer to Tahrir the demonstrators laid sheets of metal to block roads into the square.
A security official said police had not used live rounds and had used lawful methods to deal with "troublemakers."
Protests erupted in other cities. About 800 people gathered in front of the security directorate in Alexandria, chanting: "Interior Ministry officials are thugs."
About 1,000 gathered outside a police station in the eastern city of Suez, site of some of the worst violence in the uprising. They threw stones at it and tried to force their way in. Police fired teargas and shot in the air.
Liberal groups are dismayed by the military trials of thousands of civilians and the army's failure to scrap a hated emergency law. Islamists eyeing a strong showing in the next parliament suspect the army wants to curtail their influence.
Analysts say Islamists could win 40 percent of parliamentary seats, with a big portion going to the Muslim Brotherhood.
(Additional reporting by Omar Fahmy, Patrick Werr, Marwa Awad, Abdel Rahman Youssef, Dina Zayed, Tom Pfeiffer and Yousri Mohamed; writing by Edmund Blair and Patrick Werr; editing by Philippa Fletcher)
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Sunday, 20 November 2011
Saturday, 19 November 2011
Americans build a 4-point lead at Presidents Cup
Tiger Woods of the U.S. team hits out of a bunker on the ninth hole during the third round of the Presidents Cup golf tournament at Royal Melbourne Golf Course, in Melbourne, Australia, Saturday, Nov. 19, 2011. ( AP Photo/Andrew Brownbill)
Tiger Woods of the U.S. team hits out of a bunker on the ninth hole during the third round of the Presidents Cup golf tournament at Royal Melbourne Golf Course, in Melbourne, Australia, Saturday, Nov. 19, 2011. ( AP Photo/Andrew Brownbill)
Tiger Woods of the U.S. team lines up a put during the third round of the Presidents Cup golf tournament at Royal Melbourne Golf Course, in Melbourne, Australia, Saturday, Nov. 19, 2011. (AP Photo/Andrew Brownbill)
U.S. team's Bubba Watson talks with teammate Webb Simpson on the 5th green during the Presidents Cup golf tournament at Royal Melbourne Golf Course in Melbourne, Australia, Saturday, Nov. 19, 2011. (AP Photo/David Callow)
Phil Mickelson of the U.S. team hits out of a bunker on the 9th hole during the third round of the Presidents Cup golf tournament at Royal Melbourne Golf Course, in Melbourne, Australia, Saturday, Nov. 19, 2011. (AP Photo/Andrew Brownbill)
Tiger Woods of the U.S. team hits an approach shot during the third round of the Presidents Cup golf tournament at Royal Melbourne Golf Course, in Melbourne, Australia, Saturday, Nov. 19, 2011. (AP Photo/Andrew Brownbill)
MELBOURNE, Australia (AP) ? On a wild day of weather, the Americans stayed in control at the Presidents Cup.
Tiger Woods finally won a point Saturday morning, then couldn't buy a putt in the afternoon. Bubba Watson and Webb Simpson finally lost a match. Just when the International team was on the verge of keeping it close, the Americans won the last two matches.
A long, wet day at Royal Melbourne finally ended when Jim Furyk won his fourth straight match, teaming with Nick Watney for a 1-up win over Adam Scott and Ernie Els.
That gave the Americans a 13-9 lead, putting them in position to win the Presidents Cup for the fourth straight time.
The biggest comeback in this event was three points in 2003 by the United States, and that was for a tie in South Africa. The greatest rally in any cup competition was at Brookline in 1999 at the Ryder Cup, when the Americans overcame a four-point deficit.
The Americans were assured of leading the Presidents Cup after a 4-1 decision in foursomes Saturday morning, when Woods and Dustin Johnson won a match and two American teams remained perfect.
Hopeful of building the lead in the fourball matches in the afternoon, the International team fought back.
K.T. Kim holed a 6-foot par putt on the 18th hole to give him and Y.E. Yang a 1-up win over Woods and Johnson. Woods missed nine putts from about the 15-foot range or closer, including one on the last hole that would have earned a halve. Woods was assured of his first losing record in the Presidents Cup since 1998, which also was at Royal Melbourne.
The International team picked up two more wins to capture a session for the first time since singles in 2007.
Retief Goosen and Charl Schwartzel handed Watson and Simpson their first loss of the week. The Americans made only one birdie, a poor effort in fourballs even in a cold, steady rain as the wind picked up. Geoff Ogilvy and K.J. Choi hung on for a 1-up win over Steve Stricker and Matt Kuchar.
As the temperatures kept plunging ? some 25 degrees by the end of the day ? the Americans heated up, along with the emotions.
Jason Day celebrated a 30-foot birdie putt on the 17th to seemingly stay in the match, only for Hunter Mahan to bury his birdie putt from just outside 20 feet for a 2-and-1 win over Day and Aaron Baddeley.
Mahan flung his putter to the ground when it dropped and let out a roar.
"This is an Australian team we were playing here," Mahan said. "You heard the crowd, so to win like that, it feels good."
Ernie Els and Adam Scott put up a strong fight in the final match, both holing key putts down the stretch. Scott missed a 12-footer to square the match on the 17th, though, and missed from 25 feet on the last hole to allow Furyk and Watney a 1-up win.
Furyk is leading the way for the United States, a winner in all four of his matches. He and Phil Mickelson went to 3-0 as a team after winning their foursomes match Saturday morning. U.S. captain Fred Couples decided to rest Mickelson for Sunday's finale.
That ended a streak of 32 consecutive matches played at the Presidents Cup for Mickelson.
Next up is 12 singles matches, with the United States needing only 4? points to keep the cup.
"We've got a shot," Scott said. "It's going to have to be a remarkable day tomorrow, but we have a shot at it. That's all we ask for. It's not over."
Woods has played well, except on the greens. He carried the load for the second time in a loss, as Johnson contributed only one hole in their fourballs loss in the afternoon. Even so, Woods has a 1-3 record, matching his career low in these competitions. He also was 1-3 going into singles at Royal Melbourne in 1998, along with the Ryder Cup in 1999 and 2004.
Even the one point he won didn't come easily.
He and Johnson trailed early in the match until winning consecutive holes with pars as Scott and Choi struggled. Woods and Johnson went 1 up on the 13th when the International team conceded before reaching the green, and the Americans went 2 up on the next hole after Scott and Choi made another bogey.
Woods closed out the match with a 20-foot birdie putt on the 16th.
"It was a day of patience," Woods said. "The weather was kind of iffy, the greens are another different speed. They've got some pretty good, little tricky pins. I felt Dustin and I were playing well. We just kept putting on the heat, and eventually one would fall."
The International team picked up its only point behind Els and Ryo Ishikawa. They went 1 up on the 16th when Bill Haas missed a par putt. Kuchar hit his approach on the 17th within a foot for a conceded birdie, but Ishikawa halved the hole with an 18-foot birdie putt as Els raised his hands in delight and wrapped his arms around the 19-year-old from Japan.
Ishikawa holed a 6-foot par putt on the last to secure the 1-up win.
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Pakistan bans 'monkey crotch', 'Jesus Christ'
Pakistan's telecommunications agency has issued a list of words that it considers obscene or offensive, telling mobile phone companies to block text messages that contain them.
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The Pakistan Telecommunication Authority (PTA) deemed 586 Urdu words and 1,109 English words offensive or pornographic, according to reports in local media.
Some are expletives or sexual words while others are medical terms, but some entries have left many scratching their heads.
Pakistan's list of banned words met with ridiculeIncluded in the list are words such as "intercourse," "condom" and "breast," as well as seemingly ordinary words like "period," "hostage" and "flatulence."
Among the more bizarre are "monkey crotch," "wuutang" and "Jesus Christ."
Pakistan's Express Tribune published more of the words on its website.
Meant to control spam
The letter, dated Nov. 14, was leaked to Pakistani media and an unverified copy has been published on scribd.com.
The PTA instructed mobile phone companies to begin screening text messages by Nov. 21.
According to the letter, the PTA says blocking the texts is meant to control spamming, which it defines as "the transmission of harmful, fraudulent, misleading, illegal or unsolicited messages in bulk to any person without express permission of the recipient."
Mobile phone companies Telenor Pakistan and Ufone confirmed to BBC News that they had received the memo and the "dictionary."
A spokesman for the PTA, meanwhile, told The Guardian newspaper that the move was in response to complaints from customers who said they were receiving offensive text messages.
"Nobody would like this happening to their young boy or girl," Mohammad Younis said.
Pakistanis have been reacting to the news on Twitter, sometimes wondering what the words and expressions mean.
? 2011 msnbc.com Reprints
Source: http://www.msnbc.msn.com/id/45352418/ns/world_news-south_and_central_asia/
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Friday, 18 November 2011
Wall Street lower after new warnings on Europe (Reuters)
NEW YORK (Reuters) ? Stocks fell early Wednesday as policymakers warned Europe's debt crisis posed dangers to the global economy and on signs the contagion was starting to spread to larger European nations.
The yield spread of 10-year French government bonds over their German equivalents widened to a euro-era high on fears the crisis was moving to economies that had been considered more isolated from the problems.
Bank of Japan Governor Masaaki Shirakawa said the crisis was already affecting emerging nations and Japan in multiple ways, while the Bank of England forecast Britain was on the brink of a contraction and warned against inaction.
In what has become a familiar "risk off" trade, cyclical sectors of the stock market that are more sensitive to signs of economic weakness were among the worst performers. The S&P materials sector fell 1.1 percent.
But reflecting a belief by some U.S. investors that equities may be able to weather the storm, Bruce Zaro, chief technical strategist at Delta Global Asset Management in Boston, said while the crisis would affect some U.S. companies he believed it would be slight.
"I believe that market participants are really overreacting to the turmoil in Europe," he said. "The impact of the euro zone will have some effect on U.S. corporations, particularly S&P 500 companies with respect to their exports."
The Dow Jones industrial average dropped 116.40 points, or 0.96 percent, to 11,979.76. The Standard & Poor's 500 Index fell 12.24 points, or 0.97 percent, to 1,245.57. The Nasdaq Composite Index lost 25.10 points, or 0.93 percent, to 2,661.10.
The European Central Bank bought euro zone government bonds to stop a selloff, traders said. European equities rose on the move, then lost ground as the yield on Italian 10-year bonds continued to hover near 7 percent.
U.S. equity investors have closely watched European sovereign debt prices and the euro currency, which are currently barometers of risk aversion for the wider market. Trading has been volatile, with large intraday swings as sentiment oscillates with developments is Europe.
Still, U.S. stocks have shown resilience, clinging to the higher end of their recent trading range at around 1,250 on the S&P 500. Traders watched for a break below 1,230 as a potential warning sign.
In U.S. company news, Dell Inc, the computer maker, missed quarterly revenue estimates, and said full-year revenues could be hurt by an industrywide shortage of hard drives. The shares fell 1.9 percent to $15.34.
Shares of Abercrombie & Fitch Co slumped 12.6 percent to $48.72 after the teen clothing retailer's quarterly profit missed estimates by a huge margin.
Target Corp posted higher quarterly profit on higher food sales and as a 5 percent discount to cardholders drew shoppers. The shares rose 2.1 percent to $54.33.
(Editing by Jeffrey Benkoe)
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Thursday, 17 November 2011
Trading vs. investing in volatility
There has been increasing talk recently about volatility becoming a popular new asset class, but one does not really invest in volatility: It has a zero or even negative long-term expectation, at least from an average starting point. Trading in shorter time frames, however, can make a great deal of sense.
That said, the definition of "short term" can run from seconds to weeks, which is why many of the new volatility funds are dynamic. Many insist that volatility funds should not be bought at all, while others say that any positions should be held only a matter of days at most.
The debate over "tail risk" funds and other hedging vehicles that we have cited in recent weeks is as lively as ever, and some prominent voices have said that buying into any such products is a losing long-term proposition. The CBOE PutWrite Index, when used as a benchmark, shows that selling those protective puts has outperformed the S&P 500 over the long term with less volatility.
So if volatility trading is something that we should do only in the short term, the question is when. This brings up the issue of timing, something that most people will tell you is impossible over the long term. But in a market that hasn't gone anywhere in 10 years, isn't it worth trying to find a timing system that works?
At the time this column was written, the S&P 500 was at 1233--the same level where it traded on Aug. 4, Aug. 31, Oct. 18, and a couple of times since. On those dates, the VIX was at a high of 32, 32, and 34, where it stands today. So the VIX has been pretty consistent with the level of the SPX in the last three months.
The iPath S&P 500 VIX Short-Term Futures Fund (VXX), on the other hand, was at highs of $28.90, $39, and $46, while currently at $45. The VIX hit its high of 48 on Aug. 8, 200 percent above a month earlier. The VXX didn't peak until it hit $59.18 on Oct. 4, also roughly a 200 percent gain from July lows, as the VIX topped out at 46.88 that day. (The VXX is blue and the VIX purple on the chart below.)
What explains this difference? Well, it is important to remember that the VXX is composed of the two nearest-month VIX futures, with a daily roll from contracts in the front to the second month. The VIX futures are projections of where the VIX will be at expiration, so they will react differently to changes in volatility.
Normally those futures are in contango, meaning that the spot VIX reading is lower than the front-month futures price and that future is below the second month--so the daily roll is selling low and buying higher. But during times of high volatility, those futures can flip into backwardation, with the VIX cash above the front-month futures and the front-month futures trading higher than the second.
This backwardation is positive for that daily roll and adds to the performance of the fund. And looking at the chart, the difference between contango and backwardation has vast significance for the VXX.
The upshot: "Investing" in the VXX for the last three months would not have been such a bad idea.
This discussion ties into an interesting conversation that I had recently about strategies for different volatility regimes, as I believe firmly that it makes sense to have various game plans to address fluctuating volatility levels. Many traders get stuck on type of strategy and try to apply it to all market conditions, which is clearly not the best way to approach the markets.
Keeping written rules about what strategies you are going to use under different scenarios will improve your trading. It also goes back to that timing question.
An easy timing strategy for the VXX is to buy it when the VIX futures are in backwardation. Those looking to time their hedges could employ the same criteria or at least use it as a model for what type of strategies make the most sense.
(A version of this article appeared in optionMONSTER's What's the Trade? newsletter of Nov. 2. Chart courtesy of tradeMONSTER.)
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