Wednesday, November 30, 2011

FFA chief not convinced '22 will go ahead in Qatar

updated 5:04 a.m. ET Nov. 28, 2011

SYDNEY - Australia's soccer chief isn't convinced the 2022 World Cup will go ahead as planned in Qatar.

Football Federation Australia chairman Frank Lowy said on Monday that the "last word hasn't been heard yet" on the FIFA vote that awarded the event to Qatar over bids from countries including the United States and Australia.

Lowy did not elaborate on how or why Qatar would lose the rights, but said it related to "the state of the FIFA executive committee."

"I don't know whether you recall when I came back from that fateful day (after losing the bid) and I said 'this is not the last word about awarding the World Cup,' " Lowy said after he was formally re-elected as FFA chairman on Monday. "Well, it wasn't the last word.

"Don't ask me to elaborate because I don't have a crystal ball ... but the media all over the world is talking about that, the awarding particularly of '22, the state of the FIFA executive committee ? all that stuff.

"It's not over," Lowy was quoted to say by Australian Associated Press. "I don't exactly know where it will bounce. The only thing I know is it's not over yet."

Qatar's successful bid became implicated in a broad-ranging corruption scandal that plagued FIFA this year, with FIFA general secretary Jerome Valcke saying in a leaked email that they "bought the World Cup."

There were accusations of corruption in the bidding process and Mohamed Bin Hammam, the president of the Asian Football Confederation and a campaigner for his native Qatar to host the World Cup, has since been banned for life from all soccer activities on charges of trying to bribe Caribbean voters in his quest to unseat Sepp Blatter as president of FIFA.

Bin Hammam has denied the allegation and is appealing his ban in the Court of Arbitration for Sport.

Meanwhile, questions have been raised about the feasibility of Qatar's promise to air-condition stadiums to combat the searing heat in the Middle East during the World Cup window in June and July.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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Source: http://nbcsports.msnbc.com/id/45459925/ns/sports-soccer/

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Tuesday, November 29, 2011

Jackson doctor called suicidal after verdict


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How bats 'hear' objects in their path

ScienceDaily (Nov. 28, 2011) ? By placing real and virtual objects in the flight paths of bats, scientists at the Universities of Bristol and Munich have shed new light on how echolocation works. Their research is published today in Behavioural Processes.

The researchers found that it is not the intensity of the echoes that tells the bats the size of an object but the 'sonar aperture', that is the spread of angles from which echoes impinge on their ears.

Echolocating bats emit calls for orientation. These calls bounce off objects in a bat's environment, carrying information about the object back to the bat -- for example, the echoes of large objects are louder than those of small objects. Analysing echoes when surrounded by a cacophony of calls and echoes from other bats, however, makes this a difficult task for the auditory system.

The Bristol and Munich researchers first wanted to know whether bats are able to use echolocation in such a crowded situation at all. The team filmed the flight paths of hundreds of bats of 13 different species while the bats were emerging from a cave, and then placed a small novel object in the flight paths.

Dr Holger Goerlitz, now a Research Fellow at Bristol's School of Biological Sciences, was amazed by the experience: "The videos clearly showed curves in the bats' flight paths after we introduced the small novel object. This means that the bats were able to use echolocation in this familiar and crowded situation to detect the object, which measured only 5x8 cm, and to guide their evasive flight."

But how do bats perceive the size of an object from the echoes bouncing off it? To test whether bats use echo intensity, the team used echoes of virtual objects, which could be manipulated in size, from a loudspeaker. This method records the calls of passing bats and simulates in real time the echoes of objects that are not present physically -- just like a projector can show visual images of absent objects. Using this method for the first time with wild bats, the researchers could manipulate a single echo parameter -- intensity -- and study its effect on the perception of object size.

Although the size of the virtual object, and thus its echo intensity, was more than ten times larger than the small, real object used before, the bats did not show any evasive flight.

Dr Goerlitz said: "This result suggested that the virtual object was lacking a crucial feature for object size perception. We think that bats use another echo parameter beside intensity: the sonar aperture, which is the spread of angles of incidence from which echoes impinge on a bat's ears. The sonar aperture directly correlates with the size of real objects. And in contrast to real objects, virtual objects presented from a single loudspeaker lack a wide sonar aperture."

A second study, just published in the Journal of Neuroscience by Dr Goerlitz's colleagues in Munich, confirms this finding. Using loudspeaker arrays, Melina Heinrich and colleagues trained bats in the lab to chose the larger of two objects. The results show that the bats were able to choose the larger object using the sonar aperture only, independently of echo intensity. This behaviour was reflected in the activity of nerve cells that reacted specifically to echoes of a given sonar aperture.

Together, these studies have uncovered a novel mechanism for object size perception in bats, which employs the small echo differences between both ears generated by echoes arriving from different directions. In contrast, our eyes can measure object size directly from the two-dimensional retinal image. By perceiving the intensity and sonar aperture of object echoes, however, the auditory system has evolved its own solution for the perception of object features -- giving bats access to comparable information about objects as we obtain with our eyes.

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Journal References:

  1. Holger R Goerlitz, Daria Genzel & Lutz Wiegrebe. Bats? avoidance of real and virtual objects: implications for the sonar coding of object size. Behavioural Processes. Behavioural Processes, 2011 DOI: 10.1016/j.beproc.2011.10.018
  2. M. Heinrich, A. Warmbold, S. Hoffmann, U. Firzlaff, L. Wiegrebe. The Sonar Aperture and Its Neural Representation in Bats. Journal of Neuroscience, 2011; 31 (43): 15618 DOI: 10.1523/JNEUROSCI.2600-11.2011

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

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://www.sciencedaily.com/releases/2011/11/111128120944.htm

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Monday, November 28, 2011

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Sunday, November 27, 2011

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In "The Artist," silence is golden (Reuters)

LOS ANGELES (Reuters) ? Actor Jean Dujardin won this year's best actor award at the Cannes film festival for playing a man who hardly says a word, but not because his character couldn't speak. In fact, he says quite a lot.

Dujardin stars in "The Artist," a silent movie made more than 80 years after those films gave way to "talkies," and the movie has Hollywood buzzing with Oscar talk. Directed by Frenchman Michel Hazanavicius, it tells of a silent film star (Dujardin) whose career is cut short by the advent of sound.

"People think silent movies are intellectual," Hazanavicius told Reuters about his old-is-new-again creation. "It's just the opposite. It's really sensual. Instead, talking movies use dialogue in an intellectual way to tell stories."

In "The Artist," Dujardin plays George Valentin, a pompous leading man in 1920's Hollywood. French actress Berenice Bejo plays Peppy Miller, an ingenue looking for a big break.

The pair meet and fall in love, but the advent of talkies brings divergent fortunes. Valentin's career implodes, while the singing and dancing Miller rockets to stardom.

"The Artist" is, at its heart, a rather simple tale of personal redemption and love, but making a silent movie in these modern days of action, special effects and 3D was anything but easy.

"Everybody tells you that it's not do-able because nobody wants to see a silent movie," he said. "The first person I had to convince was myself."

Giving Hazanavicius and his investors confidence was his enthusiasm for the project and his success with a pair of spy spoofs, "OSS 117: Cairo, Nest of Spies" and "OSS 117: Lost in Rio." Those movies mimicked early James Bond such as 1962's "Dr. No," and starred Dujardin in the lead role.

SILENT CHALLENGES

Bringing back the silent form for modern audiences was itself the obvious challenge, Hazanavicius said, noting that what appears to be a simpler storytelling form is deceptively complicated for both the filmmaker and audience.

"It's a paradox, in a way. The actors are very far from reality. You can't hear them. They are black-and-white," he explained. "But you fill the gap, as an audience, with your imagination. You create the voice, you create the sound design, you create your own dialogue."

And casting, he said, was also critical, because he needed actors who were experts at expressing ideas, thoughts and emotions with their body movements and facial expressions.

Dujardin recalled that when he first read the script, he was impressed by the director's ambition, but he admitted he was initially nervous about some of the more dramatic scenes.

"Up until then, we'd made comedies where we had a lot of fun with characters and situations," he explained. "'The Artist' was full of emotion. I was touched by all it said about cinema, its history and actors.

"I had no lines to hold on to ... But I discovered that silent film was almost an advantage. You just have to think of the feeling for it to show," Dujardin said.

The coming of sound permanently altered the language of cinema, transforming an image-focused medium into one often driven by words. But Hazanavicius feels something more was compromised.

"We lost a universal language and something which was really specific to the medium: to tell a story with moving images," he said.

It's no coincidence that many of Hollywood's greatest directors got their start in silent films: John Ford, Alfred Hitchcock, Raoul Walsh and Howard Hawks, to name a few.

Still, the director readily concedes that comedic filmmakers like Billy Wilder and Preston Sturges made witty and sophisticated dialogue their trademark.

"If you look at a great director like Ernst Lubitsch, his talking comedies are much better than his silent comedies."

And yet, Hazanavicius said he discovered that making a silent film gave him a better understanding of his craft.

"Watching a silent, I get the same feeling I had when I was a child looking at the movies in theaters," he confides. "I wanted to share that experience with an audience today."

(Editing by Bob Tourtellotte and Chris Michaud)

Source: http://us.rd.yahoo.com/dailynews/rss/movies/*http%3A//news.yahoo.com/s/nm/20111125/en_nm/us_theartist

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Saturday, November 26, 2011

Moderate Islamists claim Moroccan election win (Reuters)

RABAT (Reuters) ? Morocco's Justice and Development Party (PJD) claimed victory on Saturday in a parliamentary election that should produce a stronger government after King Mohammed ceded some powers to prevent any spillover from Arab Spring uprisings.

The PJD, which finds its support largely among Morocco's poor, would be the second moderate Islamist party to lead a North African government since the start of the region's Arab Spring uprisings, following Tunisia.

But the party, which hopes to push Islamic finance but vows to steer clear of imposing a strict moral code on society, will have to join forces with others to form a government.

"Based on reports filed by our representatives at polling stations throughout the country, we are the winners. We won Rabat, Casablanca, Tangier, Kenitra, Sale, Beni Mellal and Sidi Ifni to cite just a few," Lahcen Daodi, second in command of the moderate Islamist party, told Reuters.

"Our party has won the highest number of seats," he said.

Government officials could not immediately confirm the party's assertion.

The king revived a reform process this year hoping to sap the momentum out of a protest movement and avoid the violence-ridden revolts in Tunisia, Libya, Egypt, Yemen and Syria.

He has handed over more powers to the government, although he retains the final say on the economy, security and religion.

Some 13.6 million Moroccans out of a population of about 33 million were registered to vote in the country's ninth election since independence from France in 1956.

Voter turnout stood at 45 percent, Interior Minister Taib Cherkaoui said, up from a record low in 2007 when only 37 percent of 15.5 million registered voters turned out. The ministry has not accounted for the change in registered voters.

The polls "took place under normal conditions and a under a climate of mobilisation marked by fair competition and respect of electoral laws," Cherkaoui told reporters.

The first results will be issued later on Saturday, the minister added. In contrast to previous elections, Friday's vote was expected to be a closely-run contest between PJD and a new coalition of liberals with close ties to the royal palace.

But Mustapha Al Khalfi, a member of PJD's politburo, sounded a note of caution among the cries of victory.

"We have to wait for the final results because there was a lot of fraud, so we hope that it will not cost us what should be a resounding victory for our party," he said.

Lahcen Haddad, a prominent member of the so-called Alliance for Democracy, declined to comment.

Driss Yazami, who heads the official National Council for Human Rights, told the private Aswat radio that observers had recorded violations, including some potential voters being given food. "It did not reach a scale that can affect the overall course of the polls," Yazami said.

BOYCOTTED POLLS?

The king will pick the next prime minister from the party that wins the biggest number of seats. But whichever party or bloc comes first is unlikely to be able to form a government on its own.

PJD has said it aims to obtain a majority by joining forces with three parties in the current governing coalition, including the left-wing Socialist Union of Popular Forces (USFP) and the nationalist Istiqlal of Prime Minister Abbas Al Fassi.

Economists are keen to see the polls leading to the creation of a cohesive government that would be able to narrow a growing budget deficit, cut a 30-percent-plus youth unemployment rate and address the needs of 8.5 million destitute Moroccans.

Since becoming king in 1999, King Mohammed won international praise for his efforts to repair a dark legacy of human right abuses under the 38-year rule of his late father King Hassan. But his reform drive lost momentum over the last few years.

There remains a vocal minority who say his revived reforms are not enough. Thousands of people joined protests in several cities last weekend to back calls for a boycott of the election.

"Today marked a victory for the boycott," said Najib Chawki, an activist with the February 20 Movement, which has been leading protests since February to demand a British- or Spanish-style monarchy and an end to corruption.

"Only 6 million out of 21 million Moroccans eligible to vote took part in the polls. This sends a strong signal to authorities that Moroccans are not buying the proposed reforms. We will not give up until our demands are met," Chawki said.

The movement plans new nationwide protests on December 4.

(Editing by Elizabeth Piper)

Source: http://us.rd.yahoo.com/dailynews/rss/africa/*http%3A//news.yahoo.com/s/nm/20111126/wl_nm/us_morocco_election

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Friday, November 25, 2011

UK rate setters united on pause in stimulus (AP)

LONDON ? The Bank of England's rate-setting Monetary Policy Committee appears to be in no hurry to pump more money into the British economy as it assesses the impact of its recent stimulus in the face of rising concerns over the future of the eurozone, the country's most important trading bloc.

Minutes to its last meeting, published Wednesday, showed that the nine members voted unanimously to make no change to its October commitment to plough in another 75 billion pounds ($117 billion) into the British economy. The MPC also voted to keep the benchmark interest rate at the all-time low of 0.5 percent.

The Bank has said it will take around three months to make the asset purchases as part of the program, known as quantitative easing.

Analysts believe, however, that more stimulus is likely next year especially if the eurozone economy falls back into recession in the wake of a debt crisis that's shown signs of intensifying over the past few weeks. The rate-setters are clearly concerned about what's going on in the eurozone, indicating that it's the biggest cause for concern for the British economy.

"Concerns over the sustainability of the public and external debt positions of some euro-area countries had led to increases in the cost of borrowing for those countries and widespread falls in confidence," the minutes said.

"While the worst risks had not so far crystallized, the threat of their doing so had increased, exacerbating the already severe strains in bank funding markets and financial markets more generally," the minutes added.

The minutes said it was uncertain how the asset purchases would affect demand, and how much any increased spending would be blunted by government budget cutting, tight credit and restrained consumer demand.

The committee also noted, however, that the markets are already reacting to expectations of more stimulus within months.

"We stick with our call of another 50 billion pounds in February, but put the chances of any move before February as very low indeed," said Richard Barwell, an economist at Royal Bank of Scotland.

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/ap/20111123/ap_on_bi_ge/eu_britain_economy

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Brazil suspends Chevron's drilling rights (Reuters)

BRASILIA (Reuters) ? Brazil's government suspended Chevron Corp's drilling rights until Chevron clarifies the causes of an offshore oil spill, the latest twist in a political firestorm threatening the U.S. company's role in Brazil's oil bonanza.

The decision on Wednesday came as the head of Chevron's Brazilian unit testified before Brazil's Congress, where he apologized for the November 8 spill that leaked about 2,400 barrels of oil into the ocean off the coast of Rio de Janeiro.

Brazil's National Petroleum Agency said it decided to halt Chevron's drilling rights after determining there was evidence that the company had been "negligent" in its study of data needed to drill and in contingency planning for abandoning the well in the event of accident.

The agency, known as ANP, also rejected a request from Chevron made before the leak to drill wells in the deeper subsalt areas in the Frade field where the spill occurred. The field is located in the oil-rich Campos Basin and is the only block in Brazil where Chevron produces oil as the operator.

The Campos Basin is currently the source of more than 80 percent of Brazil's oil output.

While Chevron said late on Wednesday it had not received formal notice of the drilling halt, the company announced an indefinite voluntary suspension of all current and future drilling off Brazil, apart from plug and abandonment work.

"Chevron acknowledges, however, that ANP has posted a notice of suspension to its website," the company added.

The only rig working for Chevron off Brazil is Transocean Ltd's Sedco 706, which drilled the well that leaked.

The spill is an ominous reminder of the risks involved in offshore drilling, cooling the euphoria over vast subsalt oil reserves that Brazil found in 2007 up to 7 km (4.4 miles) below the seabed. The country is banking on those reserves of up to 100 billion barrels to speed its development.

Chevron has previously drilled for subsalt depth targets in the field, which is also owned by Brazil's state-controlled energy giant Petrobras and Frade Japao, a Japanese consortium. Chevron owns 52 percent of Frade, whereas Petrobras owns 30 percent and Frade Japao 18 percent.

Chevron, the second-largest U.S. oil company, has been fined $28 million by Brazil's environmental agency for the spill, an amount that is sure to rise when ANP and Rio's state government slap fines on the company, as they have pledged to do.

Chevron had already halted all of its local drilling operations after the leak occurred, before ANP's announced suspension. ANP said the suspension will remain in place until Chevron fully restores safety conditions in the field.

Chevron's CEO in Brazil, George Buck, told Brazilian lawmakers that the company "acted as rapidly and safely as possible" and "used all resources" to contain and stop the flow of oil from the well.

"We controlled the source in four days. We worked with transparency and cooperation with the authorities of Brazil," Buck said.

INVESTIGATIONS, RECRIMINATIONS

Chevron initially attributed the "sheen" on the sea surface to naturally occurring seepage from the seabed. The company is being investigated by the Federal Police, which noted discrepancies between Chevron's account of the spill and the government's.

The Frade leak, while small, is likely to provide more ammunition for the growing worldwide opposition to offshore drilling in the wake of the estimated 4-million-barrel BP Deepwater Horizon spill in the Gulf of Mexico in 2010.

The Frade oil flow has been staunched except for residual droplets still bubbling up from a fissure in the sea floor, but this is expected to cease in a few days. Chevron said the oil "stain" on the sea surface now equated to about a barrel.

Most oil has been mechanically dispersed, while 350 cubic meters of oily water has been recovered and will undergo processing.

Addressing a crowded congressional commission through an interpreter, Buck said Chevron still did not understand how the crude rose 567 feet up to the seabed after rock "parted" while drilling in the 8.5 inch-wide column.

"We have an ongoing investigation. We will share the lessons learned with the people of Brazil to ensure that this never happens here or anywhere else in the world," Buck said.

Lawmakers, some calling the spill a "crime," also turned their ire on ANP in the four-hour hearing and which they said had proven ill-equipped and ill-prepared, even as Brazil pursues its ambitions to rapidly increase oil output.

Production is unaffected at Frade, which produces 79,000 barrels per day of oil, or 4 percent of the country's output. Chevron, with a share of Frade production that amounts to just over 1 percent of its worldwide output, had originally targeted peak capacity of about 72,000 barrels per day from the field.

Petrobras has so far dodged the criticism Chevron has faced despite having approved the development plans for Frade field.

Chevron, based in San Ramon, California, is also a 30 percent partner in the nearby $5.2 billion Papa-Terra project, which is operated by Petrobras. Petrobras and Chevron expect to produce 140,000 bpd oil and equivalent gas from Papa-Terra in 2013.

(Additional reporting by Jeb Blount in Rio de Janeiro and Braden Reddall in San Francisco; Writing by Todd Benson and Reese Ewing; Editing by Bob Burgdorfer, Gary Hill and Matt Driskill)

Source: http://us.rd.yahoo.com/dailynews/rss/science/*http%3A//news.yahoo.com/s/nm/20111124/ts_nm/us_chevron_brazil_anp

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Thursday, November 24, 2011

Dolphins slowed down by pregnancy

As for many mothers-to-be, the late stages of pregnancy can be extremely awkward for dolphins, say scientists.

Gliding along beneath the ocean, it might seem that these streamlined marine mammals are unaffected by the slight swell of carrying a baby.

But a study has revealed that the females' top swimming speed is almost halved when they are close to giving birth.

The findings are published in the Journal of Experimental Biology.

They reveal just how much the animals invest in carrying their offspring.

Continue reading the main story

?Start Quote

Pregnant dolphin (c) Dolphin Quest

Even a small change in a dolphin's shape affects their streamlining very badly?

End Quote Dr William Sellers University of Manchester

Lead researcher Shawn Noren, from the Institute of Marine Science at the University of California Santa Cruz, US, was originally interested in how baby dolphins learned to swim.

But while she was diving with the animals in Hawaii, and filming their behaviour, she became fascinated by how the females coped with the physical demands of pregnancy.

Dr Noren captured more than 30 hours of footage of two female dolphins swimming. She studied these animals for the period from 10 days before they gave birth, until two years after they had given birth to their calves.

During their 12 months of pregnancy, dolphins develop a characteristic "bump" in their abdomen. Dr Noren used her footage to measure exactly how this affected the animals' movement.

"When a pregnant animal is swimming at 1.7 metres per second," she explained, "it has the same drag force acting on it as a non-pregnant dolphin swimming at 3.4 metres per second.

"So the pregnant dolphin can only go half the speed as the non-pregnant dolphin before it gets the same drag force."

Dr Noren also wanted to know if the animals changed the way they moved in order to compensate for this additional drag.

Tracing the animals' movements, she found that pregnant females reduced the size of the arc through which they swept their tails - the up and down sweeping motion that propels the dolphins through the water.

"Pregnant animals had a 13% reduction in the [size] of this stroke," Dr Noren explained. "This might be because of the way the foetus sits so far back in its body... so the abdomen area is too stretched and taught here [and] it limits their movement."

Continue reading the main story

SPEEDY PREDATORS

  • Bottlenose dolphins have three main predators: killer whales, tiger sharks and the infamous great white sharks (pictured)
  • Killer whales have a relatively wide range of hunting speeds, swimming at between 14-30km/h (9-19mph)
  • A typical burst of speed for a white shark is 22-25km/h (14-16mph)
  • Tiger sharks can swim at an impressive 32km/h (20mph)

This slowed the animals down significantly. Their top speed was restricted to approximately 13km/h (8mph), whereas the maximum swim speed of non-pregnant dolphins is more than 22km/h (14mph).

To put that into context, the hunting speed of a mammal-eating killer whale - one of the dolphins' natural predators - is estimated to be in the range of 14-30km/h (9-19mph).

"So you can see how pregnant animals would be much more vulnerable," said Dr Noren.

Dr William Sellers, a zoologist from the UK's University of Manchester, said he was surprised by the magnitude of the cost to dolphins of carrying a baby.

"It's not surprising that being pregnant has costs," he said, "all mammals invest a lot in their offspring, but putting an actual number on it... gives us an idea of what it's like to be a dolphin."

He explained that the extra drag meant that the pregnant animals would need twice as much energy to move around.

"Dolphins are this amazing streamlined shape, and it's clear that even a small change in that shape affects that streamlining very badly."

He added that, in order to develop effective ways to protect dolphins and safeguard their environment, scientists needed an in-depth understanding of their ecology.

Source: http://www.bbc.co.uk/nature/15859869

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Obama Food Blogger Chronicles Presidential Palate, ?From Policy to Pie? (ABC News)

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Wednesday, November 23, 2011

UK to cut financial ties with Iranian banks

LONDON (AP) ? The U.K. will cut financial ties with Iranian banks over fears about its nuclear program, Britain's Treasury chief George Osborne said Monday.

Osborne said all UK financial institutions will cease business relationships and transactions with all Iranian banks, including the Central Bank of Iran from 3 p.m. GMT (10 a.m. EST) Monday. The ban extends to all branches and subsidiaries of Iranian banks.

Osborne said this is the first time the British government has cut an entire country's banking sector off from the U.K.'s financial sector.

The British government acted after the International Atomic Energy Agency highlighted fresh concerns about the possible military dimensions of Iran's nuclear program. Osborne said in a statement that Iran's nuclear activities "pose a significant risk to the national interests of the UK and countries across the region."

London is a major financial center and Osborne said the British government's decision to cut links with Iranian banks will make it harder for them to use the international financial system to support Iran's nuclear and ballistic missile program.

He added: "This measure will protect the U.K. financial sector from being unknowingly used by Iranian banks for proliferation related transactions."

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2011-11-21-US-US-Iran-Sanctions/id-459a45fca7c54a66897b0262bc9214ea

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Tuesday, November 22, 2011

Small Business Saturday: A Guide for Shoppers and Stores

Round two of Small Business Saturday ? another post-Thanksgiving national shopping day launched in 2010 ? is taking shape as consumers and businesses prepare for the Nov. 26 event.

Small Business Saturday?s goal is to to steer shoppers toward local independently owned businesses during the holiday season instead of bigger stores on Black Friday or online on Cyber Monday.

This year, the campaign is getting a more support from social media sites such as Facebook, Foursquare and Google. American Express cardholders, for example, can sync their Foursquare accounts to their cards to receive a $25 credit after spending $25 or more on Small Business Saturday. At this time a year ago, the event?s Facebook Page had fewer than 1 million Likes. Now, the page has 2.3 million Likes.

Below are some tips for shoppers and stores on how to get involved in the movement.


What Is Small Business Saturday?


American Express and New York City Mayor Michael Bloomberg created the annual day-long initiative last year to boost sales for struggling small business. ?One purchase is all it takes,? say people in the above video. ?So pick your favorite local business and join the movement.?

Statistics from American Express OPEN show the inaugural event had some impact: Forty-one elected officials declared Nov. 27, 2010, Small Business Saturday, and people sent 30,000 tweets using the hashtags #SmallBusinessSaturday and #SmallBizSaturday.

?Last year, we saw a 28 percent rise in sales volumes for our small business merchants versus the same day in 2009,? said Mary Ann Fitzmaurice Reilly, SVP at American Express OPEN.

The list of supporters for 2011 continues to grow as more cities, states, advocacy groups, public officials and corporate partners jump on board.


How to Participate as a Consumer


Small Business Saturday has grown through press coverage and word-of-mouth marketing offline and online. You can contribute to the latter on the campaign?s Facebook Page or on Twitter by using the hashtags #SmallBusinessSaturday and #SmallBizSaturday.

As an incentive, you can get $25 back on Small Business Saturday. You have two ways this year to receive the $25 credit for spending $25 or more at a small business:

  • Register your American Express Card here.
  • Sync your Foursquare account to your American Express Card here.

FedEx this year also gave away 40,000 $25 gift cards, which have all already been claimed.


How Small Businesses Can Prepare


Like last year, American Express gave $100 in free Facebook advertising to 10,000 business owners. And although those have all been claimed, many more tools are available for your business to prepare for Nov. 26.

Facebook:

Google:

  • My Business Story: Create custom videos using YouTube?s editing tool to entice your customers.

YourBuzz:

  • Take charge of engagement: YourBuzz is a tool that allows users to read and respond to customer reviews and online mentions in one location. For Small Business Saturday, YourBuzz is offering $200 in free advertising credits on LinkedIn Ads ($100 for 6,500 business owners) and Facebook ($100 for 10,000, which is all used up).

Go Social:

  • Coupon-less offers: Provide mobile-based deals to your American Express card-wielding customers.

FedEx:

Source: http://mashable.com/2011/11/22/small-business-saturday-november-26-guide/

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Lumia line to get Nokia Drive update, fully cuts the network cord

When Espoo trotted out its "first real Windows Phone," it did so with a bevy of exclusive features, one of which brought baked-in offline navigation. Since the announcement of that proud product launch, Nokia Drive's been wrestled free from its polycarbonate chains, but the perks of being a Lumia owner are still incoming. Confirmed to Dutch site All About Phones, the Finnish company's Mango phone in an N9 shell is due for an update that'll bring full offline use of the app, ensuring those re-routed calculations don't hinge upon a network connection. Sure, any geek with a WP7 handset's set to get Maps sometime soon, but rest assured you and your sinuously tapered device are still the sole beneficiaries of Nokia's robo-toned, front seat copilot.

Lumia line to get Nokia Drive update, fully cuts the network cord originally appeared on Engadget on Tue, 22 Nov 2011 01:15:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2011/11/22/lumia-line-to-get-nokia-drive-update-fully-cuts-the-network-cor/

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Monday, November 21, 2011

This wedding photographer has over 100,000 Facebook fans : SGEntrepreneurs

He was featured in the news for marrying technology with photography.

The first time I met wedding photographer Justin Ng was in the unlikeliest of places.

Decked out in a white suit and wearing a wide smile, he stood out in more ways than one at Techventure 2011, an annual gathering of tech entrepreneurs and investors ? the alpha geeks of the world.

Being probably the only photographer not on duty, he was there instead to receive the People?s Choice Award for the Asia?s Top 50 Apps competition.

There?s actually more beneath the surface. Justin is a geek through and through, and photography was something he only took seriously last year.

With previous experience in learning Windows programming and PHP scripting, he spent three weeks to learn how to build his iPhone app,??Justin Ng Photo?.?It allows users to view ?live? photos that are transmitted from his camera.

He actively markets the app to his clients. Bored wedding guests can download the app and view photos of the proceedings that he shoots in real time. They can even request for high-resolution versions of a particular photo by sending a text message.

This application of technology is what sets him apart from other photographers. And that is not the only trick up his sleeves.

His passion extends to Internet marketing too. Prior to running his photography business, he started a recruitment firm and applied search engine optimization techniques to generate leads.

Now, leaving most of the firm?s day-to-day operations to his wife, he has embarked on a new adventure to promote his photography business: Social media marketing.

Already, he?s reaping dividends, growing his Facebook Page from 5,000 to over 100,000 fans in the span of six months. In fact, Justin Ng Photography is?one of the top Singapore business brands on Facebook, beating many top global companies.

The massive numbers are not just embellishment: His efforts have generated measurable, revenue-generating returns.

Before May, he received about five to ten business enquiries a month. These days, he gets more than 60. With such high demand for his services, he now charges S$6,888 (US$5,416) for a package, up from S$2,888 (US$2,270).

?I?m also moving on to other things, like sports photography, and shooting for events. I don?t want to do too many weddings anymore.?

?

When I pressed him on his ?secrets? to getting traction on Facebook, his answers left me slightly underwhelmed, but not in a bad way.

There wasn?t much pithy one-liners he could give, as there isn?t a one-size-fits-all solution for social media marketing.?Finding an approach that works for you is probably the only rule there is.

The main reason for the tremendous growth of his Page is because of a recurring international photography competition he launched in May 2011 ? an idea he has seen elsewhere and adapted to suit his needs.

Every month, he will invest S$1,000 (US$786) as the top prize for the winning submission, which is evaluated by a panel of judges that includes himself. Several characteristics of the competition do stand out, and they may have a part to play in contributing to the Facebook Page?s popularity.

Submissions can come from anywhere around the world, as long as it fits into the monthly theme. There?s no restriction on the type of equipment a person can use ? so even a Hipstamatic photo qualifies.

Once a submission is approved and uploaded onto the Page, participants must tag five of their friends in the photo within three days, otherwise the entry might be deleted. Also, repeated winners will not be eligible for the S$1,000 grand prize, so as to encourage more participation.

The idea is to keep the competition broad, open, and exposed to as many people as possible.

?I figured that as long as I?m able to get a single job a month through Facebook, I?ll be able to recoup the prize money.?

He has no trouble doing it so far.

Justin?s success is a surprise, considering that he started on the platform simply as an experiment.

But his technological adventure is more than just a hobby or a passion ? it is a way to ?eliminate? competitors, said this entrepreneurial photographer rather apologetically.

Photography, after all, is a rather brutal industry here and around the world; lucrative jobs are reserved for the very best. The situation is made worse ever since the price of DSLR cameras have fallen, which meant the barriers to entry for an aspiring professional have lowered.

?I asked myself: How many photographers use technology to their advantage? After looking around, I realized there wasn?t a lot.?

This revelation led him to the development of the app, and also the technology that allows him to quickly transmit images from his camera to a smartphone or even a large projector screen.

But that wasn?t enough.

?I wanted to seperate myself from the competition even further, and I asked myself: What?s next??

He figured that he wanted to reach thousands of individuals within the shortest period of time, and turned to Facebook. Now, no Singaporean photographer comes close to the social media reach he has garnered.

His technological edge has also secured him a lucrative contract as the official photographer for Chingay 2012, an annual festival that showcases bright and colorful street floats.

The organizers loved his pitch about using technology to project ?live? photos onto a projector screen. He is currently amassing a team of photographers and planning the details for execution.

Justin has also used the same approach to shoot the 64th SCC International Rugby 7s, and he is aiming to secure the job for next year?s National Day Parade, an annual event that celebrates Singapore?s independence.

Not bad for a professional photographer with only one year?s experience.

Some actually thought the idea of him taking up photography as a career was ridiculous.

?When I talked to some acquaintances about becoming a professional wedding photographer, they told me it was impossible. So I wanted to prove them wrong.?

He has far exceeded expectations.

About The Author

Terence LEE
Terence LEE - Assistant Editor

Terence is an online media nut that is obsessed with writing and publishing for the Internet. Recently, he took up photography to expand his repertoire, and hopes to learn videography soon. He has worked in both online and print publications such as The Straits Times, Today, Mind Your Body, The Online Citizen, and Funkygrad. In 2010, he co-founded New Nation, a current affairs online magazine for young adults with a couple of like-minded folks. Terence can be found on LinkedIn and Twitter.

Read other posts by Terence LEE here. blog comments powered by

Source: http://sgentrepreneurs.com/singapore-entrepreneurs/2011/11/15/this-wedding-photographer-has-over-100000-facebook-fans

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Sunday, November 20, 2011

Iowa State stuns No. 2 Oklahoma State 37-31 in 2OT

Oklahoma State quarterback Brandon Weeden reacts on the sidelines during the second half of an NCAA college football game against Iowa State, Friday, Nov. 18, 2011, in Ames, Iowa. Iowa State won 37-31 in double overtime. (AP Photo/Charlie Neibergall)

Oklahoma State quarterback Brandon Weeden reacts on the sidelines during the second half of an NCAA college football game against Iowa State, Friday, Nov. 18, 2011, in Ames, Iowa. Iowa State won 37-31 in double overtime. (AP Photo/Charlie Neibergall)

An Oklahoma State band member looks on during the second half of an NCAA college football game against Iowa State, Friday, Nov. 18, 2011, in Ames, Iowa. Iowa State won 37-31 in double overtime. Oklahoma State women's basketball coach Kurt Budke and assistant coach Miranda Serna were killed on Thursday in a plane crash, along with three others. (AP Photo/Charlie Neibergall)

Oklahoma State wide receiver Justin Blackmon drops a pass in front of Iowa State defensive back Leonard Johnson (23) during the second half of an NCAA college football game, Friday, Nov. 18, 2011, in Ames, Iowa. Iowa State won 37-31 in double overtime. (AP Photo/Charlie Neibergall)

Oklahoma State quarterback Brandon Weeden throws a pass during the second half of an NCAA college football game against Iowa State, Friday, Nov. 18, 2011, in Ames, Iowa. Iowa State won 37-31 in double overtime. (AP Photo/Charlie Neibergall)

Iowa State head coach Paul Rhoads, center top, makes his way off the field after an NCAA college football game against Oklahoma State, Friday, Nov. 18, 2011, in Ames, Iowa. Iowa State won 37-31 in double overtime. (AP Photo/Charlie Neibergall)

(AP) ? This was supposed to be so easy for Oklahoma State.

The second-ranked Cowboys came into Ames set to cruise past overmatched Iowa State, and set up a showdown with rival Oklahoma at home. With a spot in the BCS title game on the line.

Then Oklahoma State let the upstart Cyclones hang around just long enough to derail all those national title hopes.

Backup running back Jeff Woody scored on a 4-yard run in the second overtime and Iowa State stunned second-ranked Oklahoma State 37-31 on Friday night, opening the door for a couple of one-loss teams.

The Cyclones (6-4, 3-4 Big 12) overcame a 17-point deficit to beat the Cowboys (10-1, 7-1 Big 12), opening a path for the Oregon or Alabama to face LSU in a rematch for the title.

"This one stings. This one's tough," said Oklahoma State quarterback Brandon Weeden, who threw three interceptions.

None of those stung more than his first pass in the second overtime, which was intercepted by Ter'Ran Benton. Woody ran for 6 and 15 yards, then bullied his way into the end zone to give the Cyclones their first victory over a top-five opponent in school history.

Weeden threw for 476 yards, but the Cowboys' offense turned it over five times.

"I hate it for the guys. But it's real simple. If you lose the turnover battle in such a big fashion, it's extremely hard to win a game, especially on the road," Oklahoma State coach Mike Gundy said.

Playing a day after Oklahoma State women's basketball coach Kurt Budke and three others were killed in a plane crash, the Cowboys were 27-point favorites against the upstart Cyclones.

Iowa State lost its first four Big 12 games and entered play 0-56-2 against teams ranked sixth or higher in The Associated Press poll.

Cyclones coach Paul Rhoads has had some signature wins in his three seasons in Ames ? but none as big as this.

"We got a group of young men that put their hard hats on every day and just continue to go to work," Rhoads said. "I could not be prouder of the effort they put out tonight."

Iowa State freshman quarterback Jared Barnett found James White for a 25-yard touchdown on the first play of extra time, but Weeden answered with a 6-yard TD pass to Josh Cooper.

Benton's interception set up a thrilling finish for the Cyclones and Rhoads, the defensive coordinator at Pittsburgh when it upset No. 2 West Virginia in 2007.

Barnett finished with 376 yards passing and three TDs for Iowa State.

Oklahoma State stretched its lead to 24-7 less than 3 minutes into the second half and looked set to break it open as it usually does. Tracy Moore caught Weeden's pass in traffic and stumbled 30 yards for the touchdown.

That could have been it for Iowa State ? but the Cyclones were far from finished.

Iowa State answered with a 32-yard TD run from White and Zach Guyer's 24-yard field goal made it 24-17 with 4:04 left in the third quarter.

Oklahoma State came in averaging 51.7 points a game, but it couldn't string together the drives that made Weeden a serious Heisman Trophy contender.

Iowa State took advantage, tying the game at 24 with 5:30 left in regulation when Barnett found a Albert Gary sliding in the end zone for a 7-yard TD catch. Oklahoma State's Alex Elkins intercepted Barnett's pass with 3:17 left, but Quinn Sharp pushed a 37-yard field goal right, just over the upright, with 1:17 to go to force overtime.

It was just the third missed field goal in 20 tries for Sharp.

Iowa State knew it would need a lot of breaks to pull off the upset.

The Cyclones caught a few early, recovering a fumble and intercepting Weeden's pass in the first quarter. But they didn't turn either into points, and the Cowboys' defense made them pay for it.

Linebacker Shaun Lewis jumped Barnett's pass and took it back 70 yards for a touchdown, giving Oklahoma State a 7-0 lead late in the first quarter.

Iowa State pulled to 10-7 on Barnett's 16-yard TD pass to Darius Reynolds. But Blackmon stopped short and went high for Weeden's pass over a pair of defenders on a 27-yard touchdown reception, giving Oklahoma State a 17-7 lead with 5:26 left before halftime.

"They came out ready to play. They came high with the crowd, getting them going. It was a good environment to play in. But this is why we play football, to win in positions like this. We just needed to finish," Blackmon said.

Iowa State held a moment of silence before the game to honor Budke, assistant Miranda Serna and two others who were killed Thursday when their single-engine plane crashed during a recruiting trip in Arkansas.

"The plane crash, for the families and people involved, is just tragic, and honestly, I would have said this no matter the outcome of the game. It's so much more important than this game," Gundy said. "These guys wanted to go out and play the best they could for themselves, for us, the fans, and for OSU, and it just didn't come out in their favor tonight."

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2011-11-19-T25-Oklahoma%20St-Iowa%20St/id-2a1a0bccef7b46fcabded410e85559a9

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Video: Mystery at Heath Bar Farm, Part 2

Dateline NBC

'Dateline NBC,' the signature broadcast for NBC News in primetime, premiered in 1992. Since then, it has been pioneering a new approach to primetime news programming. The multi-night franchise, supplemented by frequent specials, allows NBC to consistently and comprehensively present the highest-quality reporting, investigative features, breaking news coverage and newsmaker profiles.

Source: http://www.msnbc.msn.com/id/3032600/vp/45358047#45358047

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Saturday, November 19, 2011

McGwire, Duncan stay with Cards under Matheny

By R.B. FALLSTROM

updated 7:49 p.m. ET Nov. 16, 2011

ST. LOUIS - New Cardinals manager Mike Matheny is keeping most of Tony La Russa's coaching staff.

Mark McGwire and Dave Duncan are staying on for 2012, but first base coach Dave McKay and bench coach Joe Pettini were both dropped from their positions on Wednesday. Both will remain in the organization and assist in baseball operations.

"Just like our players, the Cardinals organization places a high level of expectation on its coaches," Matheny said. "I have great admiration for the work these men have done throughout their careers and we will continue to invest in the preparation, coaching and leadership necessary to build upon that success."

McGwire will enter his third season with the club. The 66-year-old Duncan was La Russa's pitching coach with the Chicago White Sox, Oakland Athletics and the Cardinals. They were announced Wednesday as coaches for 2012 under Mike Matheny, who succeeded La Russa as manager following the team's World Series title.

Bullpen coach Derek Lilliquist returns, and assistant hitting coach Mike Aldrete was elevated to bench coach. Chris Maloney, the manager at Triple-A Memphis the past five seasons, replaces McKay.

The 66-year-old Duncan will enter his 17th season with the Cardinals and 33rd overall, most among major league pitching coaches. He had been the only member of La Russa's staff under contract for next year.

Duncan missed several weeks last season tending to his wife, Janine, who had surgery in August to remove a brain tumor.

The Cardinals beat a self-imposed deadline of having a staff in place by the end of the week, just as they did when announcing they had hired the 41-year-old Matheny to a two-year contract with a club option for a third season on Sunday.

"Once we identified Mike as our new manager, he quickly went to work in assembling a coaching staff that offers a wealth of experience and leadership, but he also looked at areas where we could provide growth opportunities for key members from within the organization," Cardinals general manager John Mozeliak said. "We are extremely excited about our staff for next season."

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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Francona says he's skipping 2012

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HBT: Gibson, Maddon named managers of year

HBT: Everyone thought the Diamondbacks would stink, and the Rays lost their entire bullpen and, as usual, had to fight the mighty Yankees and Red Sox with a fraction of the payroll.

Source: http://nbcsports.msnbc.com/id/45329859/ns/sports-baseball/

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Cancer's sweet tooth may be its weak link

Wednesday, November 16, 2011

Researchers at Albert Einstein College of Medicine of Yeshiva University have discovered that cancer cells tap into a natural recycling system to obtain the energy they need to keep dividing. In a study with potential implications for cancer treatments, Einstein researchers used genetic manipulation to turn off this recycling system within the walls of cells and stop both tumor growth and metastasis (cancer spread). The findings were published in today's online edition of Science Translational Medicine.

Scientists have known that cancer cells require a large amount of energy in the form of glucose (sugar) to support their abnormally rapid growth. But it wasn't clear how cancer cells met those energy needs. The study shows that cancer cells fuel their growth by revving up autophagy, a recycling process that occurs in cell compartments called lysosomes.

During autophagy, which literally means "self-eating," Pac-Man-like lysosomes digest worn-out proteins and other damaged cellular components. "But lysosomes are not merely trash containers," said Ana Maria Cuervo, M.D., Ph.D., the paper's senior author and professor of developmental and molecular biology, of anatomy and structural biology and of medicine. "They are more like little recycling plants in which cellular debris is transformed into energy. Cancer cells seem to have learned how to optimize this system to obtain the energy they need."

Dr. Cuervo and her colleagues detected unusually high levels of chaperone-mediated autophagy, one of the types of autophagy, in cells from more than 40 types of human tumors ? but not in healthy tissue surrounding the tumors. (In chaperone-mediated autophagy, small proteins guide debris to the lysosomes for digestion.)

"When we used genetic manipulation to block the activity of this recycling process, the cancer cells stopped dividing and most of them died," Dr. Cuervo said. "We also applied this procedure to tumors in mice, resulting in dramatic tumor shrinkage and almost complete blockage of metastasis."

The researchers believe that selectively blocking this type of autophagy in cancer cells could be a useful strategy for shrinking tumors and halting metastasis. "In future research, we hope to develop drugs that can mimic what we have done using genetic manipulation," said Dr. Cuervo. "We are also exploring using genetic manipulation itself for treating different types of lung cancer."

###

Albert Einstein College of Medicine: http://www.einstein.yu.edu

Thanks to Albert Einstein College of Medicine for this article.

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

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Source: http://www.labspaces.net/115257/Cancer_s_sweet_tooth_may_be_its_weak_link

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Friday, November 18, 2011

The Descendants: George Clooney's best performance yet? (The Week)

New York ? The Oscar-winning charmer plays against type as a hapless dad in Alexander Payne's new flick

The Descendants, the first film in seven years from?Sideways director Alexander Payne, opens Wednesday after being heralded at the Toronto Film Festival as an early Oscar contender. George Clooney's performance as a rumpled Hawaiian dad struggling to keep his family together after his cheating wife winds up in a coma is being singled out as one of the best yet from handsome George. Really?

It may well be: "Clooney's performance as Matt may be the best of his career," says Phil Wallace at Pick Entertainment. Clooney usually plays the swaggering type, but Matt is vulnerable. "Clooney shows range that he's never displayed before" as he "deftly handles the challenge" of playing a "powerless soon-to-be widower" and "hopeless father" with two troubled daughters.??
"Review: The Descendants rises to the occasion"

He certainly defies expectations: "Many filmmakers might not have thought of Clooney as the right guy to bring this cuckolded, grief-stricken dad to life on the screen,"?says Alonso Duralde at?The Wrap.?"But the actor once again proves adept at constantly finding new colors in his paintbox." Clooney plays a harried, somewhat dorky normal guy with aplomb, "juggling a panoply of emotions while completely inhabiting" the role.
"Descendants: George Clooney as a cuckold? Heck, yes!"

I didn't buy Clooney as vulnerable: "Clooney looks great barefoot and topless, and it's nice to see him play warmth as well as wit," says Rex Reed at The New York Observer.?But in the end, I just didn't buy it. Clooney is?called upon to do more than his usual "enigmatic winks and smug grins" here, and while he's charming, his moments of genuine pathos are unconvincing.
"A tropical melodrama with bright stars is an Alexander Payne-ful watch"

Blame the script for the film's problems: "Not even Clooney, who works wonders with the occasional piece of dialogue, can save" this film, its thinly written characters, and its cold, overly simplistic grasp of life's complexities, says Stephanie Zacharek at Movieline. The wife's infidelity turns Clooney's character into a cartoonishly "sanctified victim," and, while the gifted actor does his best to make it all believable, "he's undone at every turn by the self-assured calculation of the film around him."
"REVIEW: Alexander Payne gives us a facile movie about complex emotions in The Descendants"

View this article on TheWeek.com
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Source: http://us.rd.yahoo.com/dailynews/rss/oped/*http%3A//news.yahoo.com/s/theweek/20111116/cm_theweek/221496

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Thursday, November 17, 2011

Sensor-laden dragonfly may help future robots soar

Chelsea Whyte, contributor

Dragonfly.jpg(Image: Duke University)

It's not a bird! It's not a plane! It's a dragonfly, and researchers are using a microchip attached to its belly to understand the complex mechanics of its flight.

Dragonflies capture their prey mid-flight, requiring precise control of horizontal and vertical movement to line up their meal with their mouths.

"Dragonfly wings almost swim through the air," says electrical engineer Matt Reynolds from Duke University. "They have many more degrees of freedom than an airplane's wing."

That's Reynolds in the picture above, holding an example of the microchip, which, at 38 milligrams, weighs just one-tenth what a dragonfly does, and doesn't interfere with its ability to fly and hunt. It's so light because it's powered wirelessly and can transmit data at the rate of five megabits per second - about the speed of a typical home internet connection.

He is working with a team at the Howard Hughes Medical Institute to determine how dragonflies manoeuvre through the air, and what we can learn that may lead to advances in robotic flying vehicles of the future.

Electrodes connected to 16 neurons in the dragonfly's nerve cord will transmit information that travels from the dragonfly's eyes as they spy their prey to their motor control system.

High-speed video will be correlated with neural signals as the microchipped dragonflies capture fruit flies, giving researchers insight into flight-control laws that govern these winged wonders.

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Metal futures fall on Europe worries (AP)

Metals prices are falling on worries that the European financial crisis could deepen and slow global economic growth.

December palladium fell nearly 2 percent Wednesday to close at $654.45 an ounce. January platinum fell nearly 1 percent, to $1,631.20 an ounce.

Copper for December delivery dropped less than 1 percent to close at $3.4845 per pound.

Traders worried that higher borrowing rates for Italy, Spain and France will mean that countries will have trouble repaying their debt.

If European countries can't stem the financial crisis there, it could hinder economic growth. That would cut demand for metals like copper and palladium, which are used as raw materials in manufacturing.

Oil prices shot higher. Benchmark crude closed above $100 per barrel for the first time since July.

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/ap/20111116/ap_on_bi_ge/us_commodities_review

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Wednesday, November 16, 2011

SKorea opposition refuses to ratify US trade deal (AP)

SEOUL, South Korea ? South Korea's main opposition party said Wednesday it will not support a free trade deal with the United States unless a key sticking point is addressed, dimming prospects for a quick approval.

President Barack Obama signed off on the deal after congressional approval last month. But South Korea's opposition lawmakers have refused to ratify the deal, arguing it favors Washington.

South Korean President Lee Myung-bak offered Tuesday to reopen negotiations with the United States if opponents in parliament vote for ratification. But the opposition Democratic Party rebuffed Lee on Wednesday, saying negotiations should take place first.

At issue is a provision that opponents say would allow investors to take disputes falling under the agreement's jurisdiction to a U.S.-influenced international arbitration panel.

Kim Do-jong, a political scientist at Seoul's Myongji University, said Lee's ruling party commands a majority in parliament but won't force the deal through out of worries over a public backlash ahead of next year's parliamentary and presidential elections.

Since being signed in 2007, the deal has been delayed by changes in governments in both countries, the global financial crisis and American demands that South Korea take steps to reduce an imbalance in auto trade. South Korea eventually compromised and addressed U.S. worries on cars.

The deal would be America's biggest free-trade agreement since the 1994 North American Free Trade Agreement with Canada and Mexico.

Two-way trade between South Korea and the United States totaled about $90 billion last year, according to Seoul's Ministry of Foreign Affairs and Trade.

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/ap/20111116/ap_on_re_as/as_skorea_us_free_trade

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