Monday, November 28, 2011

India urges action against Mumbai attackers (AP)

NEW DELHI ? India urged Pakistan on Saturday to take strong action against the perpetrators of the Mumbai terror attack that killed 166 people three years ago.

India is waiting for Pakistan to act decisively after providing it with evidence on alleged perpetrators who are living in Pakistan, External Affairs Minister S.M. Krishna said.

Three years ago on Saturday, 10 Pakistan-based gunmen laid siege to India's financial hub, killing 166 people.

"No cause can justify the use of terrorism for attainment of goals," Krishna said.

India and Pakistan have recently resumed peace talks that were suspended after the attack.

India maintains that Pakistani intelligence officials helped plan the attack and that Pakistan has not done enough to crack down on those behind it.

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/ap/20111126/ap_on_re_as/as_india_pakistan

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Elpida to sell unit stake to Taiwan partner: report (Reuters)

(Reuters) ? Elpida Memory Inc, Japan's biggest maker of DRAM chips, agreed to sell preferred stock in its unit EBS Inc to Taiwanese semiconductor company Walton Advanced Engineering Inc for 3.75 billion yen ($48.27 million), the Nikkei said.

EBS manages funds for its parent and the transaction is expected to be completed in mid-December, the business daily reported.

Walton and Elpida have a long-standing relationship, with the Taiwanese firm assembling and testing DRAM memory chips for the Japanese memory chip manufacturer, the Nikkei said.

With DRAM prices falling nearly 50 percent over the past half year, Elpida's financial condition has soured, the daily said.

Elpida, the world's No. 3 dynamic random-access memory chip maker, reported a 56.7 billion yen consolidated net loss for the April-September period, the Nikkei reported.

In this environment, Elpida has been selling preferred stock and plowing the proceeds directly into its business, the newspaper said.

Funds obtained through selling EBS shares to Walton will be partly used for debt repayment and equipment purchases, the Nikkei reported.

($1 = 77.6800 Japanese yen)

(Reporting by Shounak Dasgupta in Bangalore; Editing by Maju Samuel)

Source: http://us.rd.yahoo.com/dailynews/rss/semiconductor/*http%3A//news.yahoo.com/s/nm/20111125/tc_nm/us_elpida

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Sunday, November 27, 2011

[OOC] Ideas and events

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2 dead in Congo pre-election violence

Police in Congo blocked President Joseph Kabila's main rival at an airport in Kinshasa on Saturday to stop him staging an election rally after at least two died in violence across the central African state's capital city.

Two days before presidential and parliamentary elections, rival factions hurled rocks at each other and gunfire was heard across town.

A Reuters reporter saw one lifeless body on the road to the airport while a U.N. source reported another death elsewhere in town.

The violence was the latest sign of tension in the run-up to Congo's second election since a 1998-2003 war, a poll which has been marked by opposition allegations of irregularities and concerns about inadequate preparations.

Police stopped opposition leader Etienne Tshisekedi and his entourage from leaving Kinshasa's N'djili airport after his party said it would defy a ban on political rallies imposed earlier on Saturday.

"I'll call the population of Kinshasa to come here," Tshisekedi, 78, sitting in a red Hummer surrounded by police at the exit gate of the airport, told reporters.

"We are already dying in our thousands, we are not going to let a few injuries stop us fighting now," he said, a reference to his accusations that Kabila's government has saddled Congo's population with insecurity and poverty.

After hours of failed negotiations by the United Nations peacekeeping mission, police moved in on Tshisekedi's entourage, dragging several people from their cars, according to a Reuters witness. Tshisekedi was later escorted to his home by the police, according to a U.N. source.

Earlier, tens of thousands of Congolese turned out on the airport road, most of them identifiable as Tshisekedi supporters. Some chanted his name while many billboards for Kabila and his allies had been torn down.

Kabila, Tshisekedi and the other main challenger, Vital Kamerhe, had been due to hold rallies within several hundred meters of each other in central Kinshasa on Saturday.

Kamerhe told Reuters that four people had been killed, including one of his supporters, but it was not immediately possible to confirm that toll.

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Rules favor Kabila
Under constitutional amendments signed off by Kabila this year, the presidential vote will be decided in a single round, meaning the winner can claim victory with a simple majority. Analysts say that favors Kabila against the split opposition.

Despite a logistics operation supported by helicopters from South Africa and Angola, some observers doubt whether all the ballot slips will reach the 60,000 voting stations by Monday in a country two-thirds the size of the European Union.

However national election commission president Daniel Ngoy Mulunda said he did not expect any delay to the polls, saying that materials were 90 percent deployed in the provinces.

"No, I am not expecting any change. We have today, the whole night, tomorrow day and night to finalize (preparations)," Mulunda told a news conference in Kinshasa.

"We had some delays with weather but we know it will work - on Monday it won't rain."

Earlier, Tshisekedi said he could accept a delay but only if Mulunda, whom he accused of having political ties to Kabila and turning a blind eye to alleged irregularities, was sacked.

"I would agree (to a delay) if that meant a more credible, democratic and transparent process," he told French RFI radio.

"But one thing is clear: if we say there will be a delay, it is clear that the election commission cannot be led by Daniel Ngoy Mulunda," he said, accusing him of having been a founding member of Kabila's PPRD political party.

Mulunda, who will have the deciding vote if his commission is split on any election dispute, said this week he did not deny having been a member of the delegation that accompanies Kabila on foreign trips, but said he was not a founding PPRD member.

Kabila's rivals say fake polling stations have been set up to allow vote-rigging, an allegation denied by the authorities. They also accuse Kabila of using state media and transport assets for his campaign.

Kamerhe said the Congolese would not accept a rigged poll.

"They want free and fair elections that allow them to take their destiny in their own hands. People will refuse cheating wherever it takes place," he told Reuters, surrounded by chanting and dancing supporters at his party headquarters.

For many Congolese, there was a last-minute scramble to find out where they should be voting. Gervis Ilunga, a 44-year-old security guard, said he registered in one Kinshasa district but ultimately found his name elsewhere.

"In 2006, things were at least organized," he said of the first post-war poll largely organized under the auspices of the United Nations. "It is not like that this time ... There will be too many challenges this time."

Copyright 2011 Thomson Reuters. Click for restrictions.

Source: http://www.msnbc.msn.com/id/45448381/ns/world_news-africa/

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NBA owners, players reach tentative deal

After nearly two years of bickering, NBA players and owners reached a tentative agreement early Saturday to end the 149-day lockout. They hope to begin the delayed season Christmas Day.

After nearly two years of bickering, NBA players and owners are back on the same side.

Skip to next paragraph

"We want to play basketball," Commissioner David Stern said.

Come Christmas Day, they should be.

The sides reached a tentative agreement early Saturday to end the 149-day lockout and hope to begin the delayed season with a marquee tripleheader Dec. 25. Most of a season that seemed in jeopardy of being lost entirely will be salvaged if both sides approve the handshake deal.

Barring a change in scheduling, the 2011-12 season will open with the Boston Celtics at New York Knicks, followed by Miami at Dallas in an NBA finals rematch before MVP Derrick Rose and Chicago visiting Kobe Bryant and the Lakers.

RELATED: Five worst labor disputes in sports

Neither side provided many specifics about the deal, and there are still legal hurdles that must be cleared before gymnasiums are open again.

"We thought it was in both of our interest to try to reach a resolution and save the game," union executive director Billy Hunter said.

After a secret meeting earlier this week that got the broken process back on track, the sides met for more than 15 hours Friday, working to save the season. Stern said the agreement was "subject to a variety of approvals and very complex machinations, but we're optimistic that will all come to pass and that the NBA season will begin Dec. 25."

The league plans a 66-game season and aims to open training camps Dec. 9, with free agency opening at the same time. Stern has said it would take about 30 days from an agreement to playing the first game.

"All I feel right now is 'finally,'" Miami Heat star Dwyane Wade told The Associated Press.

Just 12 days after talks broke down and Stern declared the NBA could be headed to a "nuclear winter," he sat next to Hunter to announce the 10-year deal, with either side able to opt out after the sixth year.

"For myself, it's great to be a part of this particular moment in terms of giving our fans what they wanted and wanted to see," said Derek Fisher, the president of the players' association.

A majority on each side is needed to approve the agreement, first reported by CBSSports.com. The NBA needs votes from 15 of 29 owners. (The league owns the New Orleans Hornets.) Stern said the labor committee plans to discuss the agreement later Saturday and expects them to endorse it and recommend to the full board.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/0iBiQn0Jsuk/NBA-owners-players-reach-tentative-deal

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Morocco's election leaves slum dwellers uninspired (Reuters)

RABAT (Reuters) ? As a group of young men stood chatting in the Douar L'Koura slum in Morocco's capital, another man rushed up and warned them the police could soon be on their way. "I just assaulted someone with a knife," he said.

Morocco votes Friday in a parliamentary election which the authorities say is a big step toward democracy and testimony that this north African kingdom is responding to the "Arab Spring" uprisings by embracing reform.

It is an election that has inspired little interest in Douar L'Koura, a neighborhood were people are focused more on their daily preoccupations: crime, miserable housing conditions, and the struggle to earn enough to live.

"This election will be no different from the others, nothing has changed," said Redouan, a 21-year-old who was one of the circle of friends chatting as they leaned against an old hut. "Same faces, same names. Same political parties."

Morocco has a youth unemployment rate above 30 percent youth, about 8.5 million out of its 32 million population below the poverty line, and high levels of illiteracy - many of the ingredients that led to revolts this year in other Arab states.

For many in this underclass, the election feels as if it is taking place in a different world.

It will produce the most representative government yet after the ruler, King Mohammed, backed constitutional reforms, but it is still being contested by parties which are all linked to the establishment and which have so far failed to tackle the problems of the poor.

Redouan said he was a supporter of the new constitution adopted this year, under which the king ceded some of his powers to elected officials.

"It shows that we will live in a democracy like in the United States of America," he said, before adding: "But our reality is very miserable, like in Somalia.

RAINWATER FLOODING

The problems in Douar L'Koura are typical of those faced in poor, urban neighborhoods across the country.

One of the oldest slum districts in Rabat, it lies near the Atlantic shore. The name translates as "City of the Ball" which local people say comes from a patch of land where residents play soccer.

The slum dates back to the beginning of the last century, when people arrived from rural areas. Initially they lived in tents and then moved into shacks built out of clay and tin sheets where they still live today.

One road was blocked with stones which residents had put there to try to divert rainwater and stop it running into their houses. A 40-year-old woman called Fatima, who works as a cook, was clearing the stones away.

She said she had no lavatory in her shack, and had to go to her aunt's house every time she needed to use the toilet. "Nobody cares about us," she said.

The Moroccan government last year unveiled a plan to eradicate slums in 70 cities and move the residents into apartment buildings.

Slum clearance moved high up the political agenda after a series of coordinated suicide bombings in Morocco's commercial hub, Casablanca, in 2003 killed 45 people.

The bombers had links to radical Islamist groups and 14 of them were from slums in the city.

Under the program, over half of the residents in Douar L'Koura have been given apartments, but the way it was administered has caused anger.

The government allocated one apartment for each shack in the slum, but local people say that many shacks are home to several families, and that each of these should be re-housed in their own accommodation.

Others said the re-housing scheme was coming too late. "I have lived here since I was 68," said Abdurahman, an 85-year-old suffering from Parkinson's disease. "Now I don't care if they give me a house of not."

For people in Douar L'Koura, Friday's election, even if it represents a step closer to democracy, is not enough to dent decades of anger and disaffection with the people who govern them.

"We are waiting for nothing from this election. We do not want to go to the ballot boxes, we need work to live in dignity," said a man called Hassan Azzizi.

(Editing by Christian Lowe)

Source: http://us.rd.yahoo.com/dailynews/rss/africa/*http%3A//news.yahoo.com/s/nm/20111124/wl_nm/us_morocco_vote_poor

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Saturday, November 26, 2011

Corrections

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Source: http://feeds.slate.com/click.phdo?i=4903e1a0b7f816108a5900e9e053f549

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Mesothelioma Lung Cancer | Small Cell Lung Cancer

?

Mesothelioma is a notorious and lethal form of cancer whose only known cause is asbestos exposure.? During most of the twentieth century millions of workers were exposed to asbestos insulation, fireproofing, or one of thousands of industrial and commercial products that contained asbestos.? The resilient fibers that make up asbestos are thrown off of asbestos products that are decaying or worn; they can be inadvertently inhaled by someone in the area who is completely unaware of the experience.

?

Inhaled asbestos fibers have inflicted hundreds of thousands of people with one of several diseases.? Asbestosis is a condition caused by scarring of the inner lung tissue resulting in a loss of breathing capacity.? Mesothelioma is a form of cancer that develops in the mesothelium, a membrane that exists in several parts of the body.? The outer lining of the lungs (the pleura) is mesothelium tissue; it is also the most common place for mesothelioma to develop.? For that reason people often mistake mesothelioma for lung cancer, but technically it is not.? Pleural mesothelioma is cancer of the lining of the lungs, often spreading to the similar membrane that lines the chest wall.? Finally, asbestos can be a cause of lung cancer.? It has been linked in particular to small cell lung cancer, a fast moving form of the disease that is just as lethal as mesothelioma.

?

Mesothelioma and the Lungs

?

The sections of the mesothelium that involve the lungs are the visceral pleura, that portion of the membrane that wraps around the lungs to protect them.? The parietal pleura is the membrane that lines the chest wall.? The? space between those two membranes under normal circumstances has a thin film of fluid that lubricates the two surfaces so that the lungs don?t encounter a harsh, dry surface when a person inhales.

?

Pleural mesothelioma is caused by asbestos fibers that work their way through the wall of the lung, from the interior to the outer lining where they are embedded.? Eventually they cause the development of abnormal cells which leads to malignant cells and malignant tissue.? The disease exhibits many of the same symptoms as lung cancer: a persistent dry cough, chest pain, chest pressure, shortness of breath, and weakness.? In many ways it mimics lung cancer during the symptomatic stage.

?

What is Asbestos Lung Cancer?

?

Asbestos can cause malignancy on the inner surface of the lungs as well as in the outer lining.? Smokers who have been exposed to asbestos are particularly susceptible to asbestos lung cancer; in many of the cases it is small cell lung cancer.? However lung cancer exhibits different types of malignant tissue than does mesothelioma.? Asbestos lung cancer causes the growth of one or more large tumors, whereas mesothelioma is a diffuse form of cancer made up of many small malignant nodules scattered across an expanse of tissue.

?

About 15% of all lung cancer cases are small cell lung cancer (SCLC).? This form of the disease is as lethal as mesothelioma.? It is known for its aggressive, fast moving behavior; most cases of the disease aren?t diagnosed until it reaches an advanced stage.? SCLC metastasizes early in development and often doesn?t cause the standard lung cancer symptoms until it is spread throughout the body.

?

Two forms of Asbestos Cancer

?

Mesothelioma rises in the outer lining of the lungs, or in a similar membrane in the abdomen or around the heart.? It is caused by asbestos fibers that are embedded in that tissue; mesothelioma in the chest cavity is generally a diffuse form of malignancy.? Asbestos-caused small cell lung cancer or non-small cell lung cancer cause the larger tumors usually associated with cancer.? Asbestos lung cancer is also much more likely to occur in people who not only inhaled asbestos fibers, but have a history of smoking.

?

References

http://www.nhlbi.nih.gov/health/health-topics/topics/asb/

http://www.cancer.gov/cancertopics/factsheet/Risk/asbestos

http://www.ncbi.nlm.nih.gov/pmc/articles/PMC1241855/

?

Source: http://smallcelllungcancer.net/mesothelioma-lung-cancer/

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'Apology communications' the way to go in solving business crisis ...

MANILA, Philippines - Say goodbye to corporate secrecy and censorship, sincere apology is the way to go, according to the latest Asia-Pacific Corpoate Social Media Study 2011.

The study, conducted by global public relations firm Burson-Marsteller, showed that Asia is now leading the so-called "apology communications" practice in the corporate world when dealing with a business crisis and it proved to be an effective strategy.

Compared to the 2010 APAC corporate social media study, the present findings revealed that the practice of holding secrets or statements by companies experiencing crises is now "outdated" since it only looks weak and defensive, projecting a very negative image in social media.

"Holding statements today by companies is like hiding behind a shield," said Bob Pickard, president and CEO of Burson-Marsteller in APAC.

He adviced that apologies nowadays by companies must be "sincere and genuine" taking into consideration an organization's reputation in today's digital or cloud era.

Pickard shared everything that famously goes wrong is now called a "PR disaster", citing the BP oil spill, Toyota recall, and the Tiger Woods spectacle as few examples. He said that companies, whether they like it or not, will sooner or later experience a crisis as depicted in the study.

Since the study has proven time and again that "crisis is part of a business" Pickard said there is a need to plan sufficiently on how to deal with it especially in communicating through social media.

?To reach and persuade stakeholders today, it is not just the vocabulary and tone of corporate marketing and communications that must evolve,? Pickard said. ?More important, companies must adopt a mindset that puts listening and acting genuinely and transparently front and centre. And, they must understand how to deal with negative feedback expressed publicly that could resonate and escalate.?

Pickard added that visits in corporate websites continue to decline yearly and it is now essential for businesses to embrace the new media to be able to deal well a business crisis.

The study showed Asia has dramatically improved its engagement in social media since last year. Figures revealed 80% of global companies went digital in 2010 compared to only 40% in Asia.

However, the 2011 figures showed a double increase in size of Asian companies that went digital, now pegged at 80% compared to 84% by global firms.

Pickard said almost any corporation or NGO now can become a media company and so there is now a dire need for more "professional story-tellers" or journalists within firms that could serve as members of a dedicated digital team.

This, as the sheer size of communities has become a communications management challenge and the key is to simplify the complexity of digital story-telling.

An exclusive affiliate of local PR firm Strategic Edge Inc., Burson-Marsteller's APAC social media study 2011 is a review and analysis of social media activity by 120 major companies across 12 markets in APAC, composed of Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand.

Source: http://www.philstar.com/Article.aspx?articleId=752250&publicationSubCategoryId=200

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Boy, 14, jailed for buying drugs on resort island

An Australian teen was sentenced to two months in detention Friday for buying drugs while vacationing with family on Indonesia's resort island of Bali.

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Presiding Judge Amzer Simanjuntak told the packed Denpasar district court that ? when taking into account time already served ? the 14-year-old would be freed in just over a week and immediately deported.

"It's better to give a jail sentence, but the shortest possible, which would enable him to be given back to his parents sooner," Simanjuntak said, according to a report in the Herald Sun newspaper.

The prosecutors had asked for a three-month sentence.

The boy, who cannot be identified by name because of his age, sat sobbing, his head bowed down, as his father patted him on the back consolingly while the judge spoke.

Remorse
Though he could have faced up to 12 years under Indonesia's tough narcotics laws, the panel of three judges said it decided to be lenient because he admitted to buying 0.13 ounces of marijuana from a man in front of a supermarket and repeatedly expressed remorse.

The teen, who has been in an immigration detention center since his Oct. 4 arrest, earlier promised to enter a drug rehabilitation program if he was allowed to return to his home in Morrisset Park, north of Sydney.

He said he had been struggling for some time with his addiction.

Australia ? which has seen dozens of its citizens jailed or placed on death row for drug possession in Indonesia ? had been closely watching the trial.

'Lessons to be learned'
Foreign Minister Kevin Rudd welcomed the court verdict that he said meant the boy and his family would probably be back home by Christmas.

"I'm sure there are lessons to be learned by this young man as well," he told the Sun Herald.

Many argued the boy was too young to be jailed.

But critics noted that dozens of Indonesian children tied up in people-smuggling cases have been languishing for years in Australian detention centers.

The Associated Press, Reuters and msnbc.com staff contributed to this report.

Source: http://www.msnbc.msn.com/id/45433766/ns/world_news-asia_pacific/

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Friday, November 25, 2011

UN condemns 'brutal' beatings in Egypt

International criticism of Egypt's military rulers mounted Wednesday as police clashed for a fifth day with protesters demanding the generals relinquish power immediately. A rights group raised the death toll for the wave of violence to at least 38.

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The United Nations strongly condemned authorities for what it deemed an excessive use of force. Germany, one of Egypt's top trading partners, called for a quick transfer of power to a civilian government. The United States and the U.N. secretary general have already expressed their concern over the use of violence against mostly peaceful protesters.

Navi Pillay, the U.N. High Commissioner for Human Rights, deplored the role of Egypt's security forces in attempting to suppress protesters.

"Some of the images coming out of Tahrir, including the brutal beating of already subdued protesters, are deeply shocking, as are the reports of unarmed protesters being shot in the head," Pillay said. "There should be a prompt, impartial and independent investigation, and accountability for those found responsible for the abuses that have taken place should be ensured."

Clashes resumed for a fifth day despite a promise by the head of the ruling military council on Tuesday to speed up a presidential election to the first half of next year, a concession swiftly rejected by tens of thousands of protesters in Tahrir Square. The military previously floated late next year or early 2013 as the likely date for the vote, the last step in the process of transferring power to a civilian government.

Video: Protesters throw stones, conflict grows in Cairo (on this page)

The clashes are the longest spate of uninterrupted violence since the 18-day uprising that toppled the former regime in February.

The standoff at Tahrir and in other major cities such as Alexandria and Assiut has deepened the country's economic and security crisis less than a week before the first parliamentary elections since the ouster of longtime authoritarian leader Hosni Mubarak.

Field Marshal Hussein Tantawi tried to defuse tensions with his address late Tuesday, but he did not set a date for handing authority to a civilian government.

The Tahrir crowd, along with protesters in a string of other cities, want Tantawi to step down immediately in favor of an interim civilian administration to run the nation's affairs until a new parliament and president are elected.

The government offered more concessions on Wednesday, ordering the release of 312 protesters detained over the past days and instructing civilian prosecutors to take over a probe the military started into the death of 27 people, mostly Christians, in a protest on Oct. 9. The army is accused of involvement in the killings.

The military also denied that its troops around Tahrir Square used tear gas or fired at protesters, an assertion that runs against numerous witness accounts that say troops deployed outside the Interior Ministry were firing tear gas at protesters.

Street battles have been heaviest around the heavily fortified Interior Ministry, located on a side street that leads to the iconic square that was the epicenter of the uprising earlier this year. Police fired tear gas and rubber bullets to keep the protesters from storming the ministry, a sprawling complex that has for long been associated with the hated police and Mubarak's former regime.

An Associated Press reporter at the scene said a truce negotiated by Muslim clerics briefly held in the late afternoon, after both the protesters and the police pulled back from the front line street, scene of most of the fighting. State television, meanwhile, broadcast footage from the scene of the clashes showing army soldiers forming a human chain between the protesters and the police in a bid to stop the violence.

The truce was soon breached in a barrage of tear gas and rubber bullets from police and a shower of rocks by protesters.

One of the clerics, Mohammed Fawaz, said he and others were trying to regroup and try again to stop the fighting.

"We're scattered. we are trying to from a new human chain between protesters and police. We want the army to protect us," he said as a white cloud of tear gas hung low over the crowd and shots rang out.

Protester Islam Mohammed, 22, said a friend, Shehab Abdullah, died earlier in the day from what he said was a live bullet fired by police. "I will avenge his death. We all will," he said. "We are defending Tahrir square. If we sleep, police will attack us."

Soon after the truce was shattered, Egyptian-American filmmaker Jehan Nojaim was arrested, according to her friend and co-producer Karim Amer.

He said Nojaim called from her mobile telephone to say that she was detained by military police.

"They arrested her because they don't want anyone documenting what's happening," Amer said.

Elnadeem Center, an Egyptian rights group known for its careful research of victims of police violence, said late Tuesday that the number of protesters killed in clashes nationwide since Saturday is 38, three more than the Health Ministry's death toll, which went up to 35 on Wednesday. All but four of the deaths were in Cairo.

The clashes also have left at least 2,000 protesters wounded, mostly from gas inhalation or injuries caused by rubber bullets fired by the army and the police. The police deny using live ammunition.

Human Rights Watch on Tuesday cited morgue officials as saying at least 20 people have been killed by live ammunition.

Shady el-Nagar, a doctor in one of Tahrir's field hospitals, said three bodies arrived in the facility on Wednesday. All three had bullet wounds.

The turmoil broke out just days before the start of staggered parliamentary elections on Nov. 28. The votes will take place over months and conclude in March.

The Muslim Brotherhood, Egypt's strongest and best organized group, is not taking part in the ongoing protests in a move that is widely interpreted to be a reflection of its desire not to do anything that could derail the election, which it hopes win along with its allies.

Hundreds of Brotherhood supporters, however, have defied the leadership and joined the crowds in the square. Their participation is not likely to influence the Brotherhood's leadership or narrow the rift between the Islamist group and the secular organizations behind the uprising that toppled Mubarak and which are behind the latest spate of protests.

German Chancellor Angela Merkel, meanwhile, was said by a spokesman to be following events in Egypt "with great concern."

"In the new Egypt, which wants to be free and democratic, repression and the use of force against peaceful demonstrators can have no place," spokesman Steffen Seibert said in Berlin. "The demonstrators' demands ... for a quick transition to a civilian government are understandable from the German government's point of view," he added.

___

Associated Press writers Maggie Michael in Cairo and Frank Jordans in Geneva contributed to this report.

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/45418680/ns/world_news-mideast_n_africa/

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Fitch cuts Portugal rating on high debts, worse outlook (Reuters)

LISBON (Reuters) ? Fitch downgraded Portugal's credit rating to junk status on Thursday, citing large fiscal imbalances, high debts and the risks to its EU-mandated austerity program from a worsening economic outlook.

The ratings agency cut Portugal to BB+ from BBB-, which is still one notch higher than Moody's rating of Ba2. S&P still rates Portugal investment grade.

Fitch said a deepening recession makes it "much more challenging" for the government to cut the budget deficit but it still expects fiscal goals to be met both this year and next.

"However, the risk of slippage - either from worse macroeconomic outturns or insufficient expenditure controls - is large," Fitch said.

The challenging economic environment was clear in a Reuters poll on Thursday, where economists forecast Portugal's economy will contract by 2.9 percent next year, the deepest recession since the 1970s, and 1.6 percent this year, in line with the government's estimates.

Portugal's 10-year bond prices plunged, sending yields surging more than 100 basis points to 13.85 percent -- the second highest level in the euro zone after Greece. The spread to German Bunds also rose more than 100 basis points to 1,168.

The downgrade of Portugal came after the dramatic deterioration of the euro zone crisis in recent weeks as it spread to bigger countries like Italy and Spain.

"The worsening regional outlook helped inform the downgrade (of Portugal)," Rabobank said in an analyst note. "This, in turn, underlines the mounting risk of systemic downgrades."

Portugal sought a 78-billion-euro bailout from the European Union and IMF earlier this year and has adopted sweeping austerity measures to bring public accounts under controls.

Under the loan program Portugal must cut the budget deficit to 5.9 percent of gross domestic product this year from around 10 percent in 2010. Next year it must cut the deficit further to 4.5 percent.

STATE COMPANIES A RISK

Fitch said the state-owned "enterprise sector is another key source of fiscal risk" and has caused a number of upward revisions to the country's debt and budget deficit figures this year. The government has said there was an unexpected fiscal shortfall of about 3 billion euros this year.

"Given these downside risks, Fitch sees a significant likelihood that further consolidation measures will be needed through the course of 2012," Fitch said.

It sees Portugal total debt peaking at 116 percent of GDP in 2013 from 93.3 percent at the end of last year.

Filipe Garcia, an economist at Informacao de Mercados Financeiros, said that while the downgrade does not change the government's financing conditions as it is under a bailout, it could worsen the situation for companies.

"Where (the downgrade) has an impact is on companies, such as banks and other issuers like EDP or Brisa, whose ratings are greatly influenced by the sovereign rating, leaving them in a more difficult situation," said Garcia.

The agency said Portugal's debt crisis poses big risks for the country's banks. "Recapitalisation and increased emergency liquidity provision from the ECB to Portugal's banks will, in Fitch's view, be needed and provided," it said.

Under Portugal's bailout, 12 billion euros has been set aside for funding banks if necessary.

Fitch said a worsening fiscal or economic situation could lead to further downgrades. "Furthermore, although Portugal is funded to end-2013, sovereign liquidity risk may increase materially toward the end of the program if adverse market conditions persist," Fitch said.

The government hopes to return raising debt in financial markets at the end of 2013.

(Additional reporting by Patricia Rua; Editing by Toby Chopra/Anna Willard)

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/nm/20111124/bs_nm/us_portugal_fitch

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Galaxy Nexus shipping now in America: unlocked for $750 through Expansys

Pre-order, pre-schmorder. Americans more anxious to blow $750 on the planet's first Ice Cream Sandwich handset than anything on Black Friday can do so right now, as Samsung's Galaxy Nexus is shipping from the warehouses at Expansys. We've received independent confirmation that orders placed today are shipping out, with the aforesaid tally nabbing you an unlocked 16GB GSM (HSPA+) build that plays nice with T-Mobile and AT&T's 3G bands. What it won't nab you, however, is a pack of nabs. Can't win 'em all, right?

[Thanks, Dan]

Galaxy Nexus shipping now in America: unlocked for $750 through Expansys originally appeared on Engadget on Wed, 23 Nov 2011 15:36:00 EDT. Please see our terms for use of feeds.

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Top Marine spends Thanksgiving in Afghanistan

(AP) ? A turkey trot it was not.

The U.S. Marines' top general, James Amos, sprinted up and down the Helmand River Valley in southern Afghanistan on Thursday, visiting frontline Marines at nine remote outposts to share Thanksgiving and applaud their gains against the Taliban in a region where al-Qaida hatched the 9/11 plot a decade ago.

Traveling mostly in an MV-22 Osprey, the hybrid that flies like an airplane and takes off and lands like a helicopter, Amos began shortly after daylight and finished 14 hours later ? and, improbably, managed to confront just one turkey dinner.

At one point the 65-year-old Amos referred to his unusual daytrip as the "Bataan death march," a reference to the gruesome forced march of American POWs in the Philippines during World War II.

Amos shook hands with hundreds of Marines, all veterans of tough fighting in Helmand Province, which has been a focal point of the U.S.-led strategy to counter the Taliban and other insurgent groups. The Marines have vastly improved security in Helmand over the past year, but with President Barack Obama having ordered 33,000 U.S. troops to withdraw from Afghanistan by next September, the prospects for sustaining those gains are uncertain, and the subject of debate at home.

At each stop Amos struck similar themes in pep talks to his Marines: they are coming close to winning, and when the Marine Corps leaves Afghanistan it will shift its focus to the Pacific, where he said "a whole lot of opportunities" will await a Corps no longer bogged down by land wars in the greater Middle East. He also said Thanksgiving is a time for Marines to reflect on "the unique fraternal bond" among men and women at war.

Marine Sgt. Maj. Michael Barrett, the top enlisted Marine, who accompanied Amos, said that for most troops Thanksgiving was just another day at war ? until they finished their work.

"Then they'll have a meal of a lifetime," he said.

The feast was finally set for Amos when he arrived after dark at Camp Dwyer, the southern-most stop on his trip. He helped heap plates with roast turkey, baked ham and prime rib ? with all the traditional fixings ? and then sat amongst the troops to finish it off.

Amos said "Happy Thanksgiving" at each Marine outpost, but the troops did not seem in a festive mood ? at least in the presence of their commandant. The business of war does not take a holiday. When he asked the Marines what was on their minds, they asked about the future of the Corps, the latest of Washington's stalled budget debate, the possibility of seeing some of their retirement benefits go away, and internal Marine issues.

Some conveyed a sense of confidence that Afghanistan would soon be behind them.

At Combat Outpost Hanson, one member of the 3rd battalion, 6th Marine Regiment asked, "Who do you want us to fight next, sir?" Amos said he did not know, but he reassured the Marine that there would be no shortage of security crises in the years ahead.

At Combat Outpost Alcatraz, in Sangin district where fierce fights against the Taliban have waned only recently, the top overall commander of the war, Marine Gen. John Allen, joined Amos for a pep talk to several dozen Marines.

Allen said Marines will "go home under the victory pennant," but he stressed that the struggle to degrade Taliban influence and build up Afghan security forces ? in Helmand and throughout Afghanistan ? is far from over.

"As big as this is, and as hard as it has been, we are going to be successful here," Allen said. "We're going to win this. We're going to liberate these people, we're going to set this country up to be a free country in one of the toughest regions in the world."

There are now about 97,000 U.S. troops in Afghanistan. All are scheduled to leave by the end of 2014.

Amos clearly relished the chance to see so many combat Marines, but his trip was no joy ride. His itinerary was a closely-held secret, and the aircraft on which he flew was heavily armed.

As a CH-53 helicopter lifted off from a barren field across a dirt highway in the northern Helmand village of Puzeh, with Amos and part of his entourage aboard, a bearded special operations Marine quipped, "Cross your fingers." And then, as the chopper rose above a billowing wall of powdery dust, the Marine added, only half jokingly, "Whew! Getting the commandant shot down at your (outpost) would not be a good thing."

___

Robert Burns can be reached on Twitter at http://www.twitter.com/robertburnsAP

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2011-11-24-Thanksgiving-Marines%20at%20War/id-01ed8aaa418746b3aa9f8f4ff6eadfa4

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Thursday, November 24, 2011

Capt. Kirk knows nothing of Facebook un-friending

By Helen A.S. Popkin

Is it just me, or do William Shatner?s words of support to the recently Facebook-unfriended ring a little hollow in the above public service announcement sponsored by Jimmy Kimmel? ?

Hey, I?m a "Star Trek" > "Star Wars" gal all the way, but It?s hard for me to actually believe Capt. Kirk is genuine when he claims to understand that, "being unfriended by someone you kinda know can hurt."??Maybe that?s because I still remember that one time way back in Twitter?s early days when @WilliamShatner unfollowed the Bloggess ? aka "The Most Interesting Person on the Internet."

If that epic Twitter epic tw-ama isn?t in your data base, you totally need to bone up on your Internet lore you big n00b. It?s one of the then-nascent ?microblogging network?s earliest Twitter spats, and almost three years later, remains one of the best. ?

"Bloggess" Jenny Lawson ? who also co-authors the?Houston Chronicle?s?Good Mom/Bad Mom ? chronicled her three-part hero?s journey to get marriage advice from William Shatner via Twitter, which tragically resulted in a failed bid just to get Shatner to re-follow her.

Here?s a small-but-telling excerpt of Lawson?s??hilarious heartbreaking one-sided exchange:

Dear @WilliamShatner: I need you to come to my house to save my marriage. No sex involved.

Unless you *want* to have sex. Which is totally fine.

But not with me though because I'm married. Please bring your own hooker.

Oh my God, what am I saying? I am the worst hostess ever. I will totally provide the hooker if you just come to dinner.

I need to know your preferences though or else I'll just default to hot Asian cheerleader.

Dear @WilliamShatner. Please ignore my last several tweets. I'm a little drunk. And dangerously close to paying too much for travel.

Please come to my house and save me from myself.

Please give me a sign

Victor: GET OFF TWITTER. I'VE BEEN STABBED.?

So you tell me. Does Shatner?s non-response to the wrenching pleas of the Bloggess read like a man who knows what it?s like to become a social network untouchable?

One imagines Capt. Picard would be a whole lot cooler.

More on the annoying way we live now:

Helen A.S. Popkin?goes blah blah blah about the Internet. Tell her to get a real job on Twitter and/or Facebook.?Also, Google+.

Source: http://digitallife.today.msnbc.msn.com/_news/2011/11/23/8978855-captkirk-knows-nothing-of-facebook-un-friending

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Netflix to sell convertible debt, shares fall (Reuters)

(Reuters) ? Netflix Inc said late on Monday that it agreed to sell $200 million of convertible debt to long-time backer Technology Crossover Ventures as the struggling online video rental company tries to raise new capital.

The zero-coupon notes, due in 2018, convert to Netflix common stock at a price of about $85.80 per share.

The deal requires Netflix to raise at least $200 million selling common stock to other, unaffiliated investors, according to a filing with the Securities and Exchange Commission.

Shares of Netflix fell 2.5 percent to $70.61 in extended trade as investors prepared to be diluted by new stock that may hit the market.

Netflix, which had $159.2 million in cash and cash equivalents at the end of September, has lost about two-thirds of its market value since the company's shares touched a high of almost $300 in July.

The company has struggled to renegotiate video content deals. It has also lost subscribers and warned of a first-quarter loss.

TCV, a leading venture capital firm, has been an investor in Netflix for many years. TCV co-founder Jay Hoag is on Netflix's board.

TCV also has investments in Groupon, Facebook and Electronic Arts.

(Reporting by Himank Sharma in Bangalore and Alistair Barr in San Francisco; Editing by Maju Samuel)

Source: http://us.rd.yahoo.com/dailynews/rss/internet/*http%3A//news.yahoo.com/s/nm/20111121/tc_nm/us_netflix

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Roots welcome Bachmann with pointed song

FILE - In this Nov. 20, 2011 file photo, Republican presidential candidate Michele Bachmann, of Minnesota, poses at the 114th Anniversary Justice Louis Brandeis award Dinner given by the Zionist Organization of America in New York. Jimmy Fallon's house band the Roots didn't have a warm welcome for Republican presidential contender Michele Bachmann when she appeared on the NBC show early Tuesday, Nov. 22. As Bachmann strode on to the stage at Fallon's "Late Night," the show's band played a snippet of a 1985 Fishbone song. (AP Photo/David Karp, file)

FILE - In this Nov. 20, 2011 file photo, Republican presidential candidate Michele Bachmann, of Minnesota, poses at the 114th Anniversary Justice Louis Brandeis award Dinner given by the Zionist Organization of America in New York. Jimmy Fallon's house band the Roots didn't have a warm welcome for Republican presidential contender Michele Bachmann when she appeared on the NBC show early Tuesday, Nov. 22. As Bachmann strode on to the stage at Fallon's "Late Night," the show's band played a snippet of a 1985 Fishbone song. (AP Photo/David Karp, file)

(AP) ? Jimmy Fallon's house band the Roots didn't have a warm welcome for Republican presidential contender Michele Bachmann when she appeared on the NBC show early Tuesday.

As Bachmann strode on to the stage at Fallon's "Late Night," the show's band played a snippet of a 1985 Fishbone song called "Lyin' Ass B----."

The song begins with a distinctive "la la la la la la la la la" refrain ? the only words audible before Bachmann, smiling and waving to the audience, sat down.

The song itself, about a relationship gone wrong, isn't political. Among its cleanest lyrics: "She always says she needs you, but you know she really don't care."

Roots' bandleader Ahmir "Questlove" Thompson said later Tuesday that the song was a "tongue-in-cheek and spur of the moment decision.

"The show was not aware of it and I feel bad if her feelings were hurt," Thompson said. "That was not my intention."

Bachmann's campaign had no immediate comment.

Fallon joked on Twitter that Thompson was grounded. The show itself didn't have any comment.

The Roots frequently make sly, often obscure, song choices as Fallon's guests are introduced.

When Fox Business Network's Lou Dobbs came out, they played part of Genesis' "Illegal Alien," a reference to Dobbs' frequent commentaries on the topic. Current TV host Keith Olbermann, formerly of MSNBC, heard part of Klymaxx's "I Miss You." Kathie Lee Gifford was saluted with UB40's "Red Red Wine," a reference to the drink she often shares on-air with "Today" co-host Hoda Kotb.

___

AP Music Writer Nekesa Mumbi Moody contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/4e67281c3f754d0696fbfdee0f3f1469/Article_2011-11-22-Bachmann-Song%20Choice/id-c218eb4baac44c4ca9bfd77cc85ed78a

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Egypt military ruler moves up presidential vote (AP)

CAIRO ? Egypt's military leader promised to speed the transition to civilian rule, saying Tuesday that presidential elections will be held by the end of June 2012. But the major concession was immediately rejected by tens of thousands of protesters in Cairo's Tahrir Square, who responded with chants of "Leave, leave!" now.

Field Marshal Hussein Tantawi vowed that landmark parliamentary elections will start on schedule on Monday, the first vote since longtime authoritarian leader Hosni Mubarak was ousted in an uprising nine months ago. And he said the military was prepared to hold a referendum on immediately transferring power to a civilian authority if people demand it.

Tantawi said he has accepted the resignation of Prime Minister Essam Sharaf's civilian government and politicians who attended a 5-hour crisis meeting with the ruling generals said the military intended to replace Sharaf's cabinet with a "national salvation" government. It was not clear who might head the new Cabinet, but names of a couple presidential hopefuls were mentioned.

"Our demands are clear," said Khaled El-Sayed, a protester from the Youth Revolution Coalition and a candidate in the upcoming parliamentary election. "We want the military council to step down and hand over authority to a national salvation government with full authority." He also demanded that the commander of the military police and the Interior Minister, who is in charge of the police, be tried for the "horrific crimes" of the past few days, when 29 people were killed in clashes, most of them in Cairo.

The standoff culminated four days of clashes and demonstrations around the country that have constituted the most sustained challenge so far to nine months of military rule. It plunges the country deeper into a crisis that may only hamper the democratic transition the protesters are fighting for.

In Tahrir Square, the atmosphere was reminiscent of the 18-day uprising that toppled Mubarak, with jubilation over the large turnout mixed with the seething anger directed at the military. On Tuesday, the protesters had called for a million people to turn out and drew a massive crowd of tens of thousands.

The crowds carried an open wooden coffin with a body of a slain protester wrapped in white and held a funeral in the middle of the square.

A stuffed military uniform was hung from a central light pole with a cardboard sign on its neck saying "Execute the field marshal," a reference to Tantawi, Mubarak's defense minister of 20 years. People cheered when the effigy was hung and state television showed some hitting it with sticks or shoes.

Men in the square opened a corridor in the middle of the crowds and formed a human chain to keep it open, giving easy access to motorcycles and ambulances ferrying the wounded to several field hospitals in the square.

Sweet smells of popcorn and cotton candy mingled with tear gas and burning garbage.

As night fell on the square, thousands streamed in over a bridge across the Nile river. Men and women carrying blankets and boxes of supplies chanted: "Down with the field marshal."

The latest round of unrest began Saturday when security forces violently evicted a few hundred protesters who camped out in Tahrir. The perceived use of excessive force angered activists, who began to flock to the square. A joint army and police attempt to clear the square on Sunday evening failed, leaving protesters more determined to dig in there.

The clashes played out amid charges that the military was trying to cling on to power after an elected parliament is seated and a new president elected. The military recently proposed that a "guardianship" role for itself be enshrined in the next constitution and that it would enjoy immunity from any civilian oversight.

Further confusing the political situation, the military-backed civilian government on Monday submitted a mass resignation in response to the turmoil.

In a televised address to the nation, Tantawi did not mention a specific date for the transfer of power, although the presidential election has long been considered the final step in the process. The military has previously floated the end of next year or early 2013 as the date for the presidential vote.

"The armed forces, represented by the Supreme Council of the Armed Forces, has no desire to rule and puts the country's interests above all. It is ready to hand over responsibility immediately and return to its original duty of defending the country if the people want that and through a public referendum if it is necessary," he said.

In his brief address, Tantawi sought to cast the military as the nation's foremost patriots and angrily denounced what he called attempts to taint its reputation. He didn't utter a single word about the four days of protests in Tahrir Square.

But he hinted at conspiratorial plots behind the protests, much like Mubarak did in his final days.

He spoke of forces "who are working in the dark to incite sedition and drive a wedge between the people and the Armed Forces or between different segments of the Egyptian people."

The crowds in Tahrir immediately rejected Tantawi's proposals with chants of "erhal," or leave.

"We are not leaving, he leaves," chanted the protesters. "The people want to bring down the field marshal," they shouted.

A youth group that played a key role in the anti-Mubarak uprising said it decided to remain in the square until the military handed over power to a civilian presidential council to run the country's affairs. Beside a representative of the military, the council should include pro-reform leader and Nobel Peace laureate Mohamed ElBaradei, said the April 6 group.

"The military council has failed to manage the transitional period, and the generals' hands are tainted by the blood of the nation's youth and have been collaborating with the counterrevolution," the group said in a statement.

Others in the square said the referendum was just a ploy to divide people.

Another protester said the army is making the same mistake as Mubarak did.

"They hear the demands but respond when it's too late," said Mustafa Abdel-Hamid, a supporter of the Muslim Brotherhood who came to Tahrir even though his movement has not endorsed the protests over the past four days.

The Brotherhood and its Islamist allies are expected to dominate the next parliament, while the liberal groups behind Mubarak's ouster appear poised to lag behind, lacking unity and a cohesive vision. The Brotherhood is staying out of the latest protests, arguing that it did not want the nation to be dragged into a "bloody confrontation." But secular activists say the Muslim fundamentalist group is more keen on grabbing power than ensure the future of the nation.

Aboul-Ela Madi, Mohammed Selim el-Awa, two politicians who attended a five-hour crisis meeting with the military rulers earlier on Tuesday, said the generals wanted to hand over power to a civilian government by July 1, a date that was not mentioned by Tantawi.

They said the military intended to replace Sharaf's cabinet with a "national salvation" government.

ElBaradei's name has been mentioned by protesters as a suitable replacement for Prime Minister Sharaf, who has come under intense criticism for the perceived inefficiency of his civilian government and for being beholden to the ruling generals.

Madi and Al-Awa were among 12 political party representatives and presidential hopefuls who attended the meeting with the military council. Not all parties were represented ? none of the youthful, liberal groups behind the uprising attended.

ElBaradei also was absent. His office said he did not attend the crisis meeting but was in touch with the military. ElBaradei prefers to continue to act as the link between the military council and the protesters until the crisis is resolved, his office said

But the military has been backed into a difficult corner. Protesters are demanding it surrender the reins of power ? or at least set a firm date in the very near future for doing so soon. Without that, few civilian political leaders are likely to join a new government for fear of being tainted as facades for the generals, as many consider the current Cabinet.

Madi and el-Awa also said the military agreed to release all protesters detained since Saturday and to put on trial police and army officers responsible for protesters' deaths.

The military's concession came less than a week before the first parliamentary election since Mubarak's ouster. The elections start on Nov. 28 and are staggered through to March next year.

The political uncertainty and prospect of continued violence dealt a punishing blow to an already battered economy. Egypt's benchmark index plunged more than 5 percent, the third straight day of declines. Banks closed early and many workplaces sent employees home ahead of schedule for fear of a deterioration in security.

The military and police stayed out of Tahrir on Tuesday to try to lower the temperature. But the nearby Interior Ministry was the focus of most violence near Tahrir on Tuesday. The ministry, which is in charge of the police, said protesters were continuing attempts to storm the ministry.

It said some protesters climbed over buildings near the ministry and lobbed firebombs into the compound. Others, it said, set fire on cars outside the ministry and opened fire on policemen, wounding five. The police fired tear gas and rubber bullets and the protesters responded with rocks and firebombs.

The army set up barricades on streets leading to Interior Ministry and soldiers stood behind them. Riot police were in front in lines, and youth approached and throw stones. They fired back with tear gas.

The ministry denied charges that police were using live ammunition or pellets against the protesters.

But Human Rights Watch said autopsies conducted on 22 of the bodies of protesters at the Zeinhom morgue in Cairo confirmed that they had been shot with live bullets and three others died from asphyxiation from tear gas, according to morgue officials.

Clashes and protests also raged in the northern Mediterranean port city of Alexandria and the southern city of Assiut.

___

Associated Press writers Aya Batrawy, Ben Hubbard and Sarah El Deeb contributed to this report from Cairo.

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/ap/20111122/ap_on_re_mi_ea/ml_egypt

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Wednesday, November 23, 2011

Time to take back the First Amendment

When the freedom of speech goes to the highest bidder, moneyed interests have a disproportionate say.

You?ve been seeing this across the country ? Americans assaulted, clubbed, dragged, pepper-sprayed ? Why? For exercising their right to free speech and assembly ? protesting the increasing concentration of income, wealth, and political power at the top.

Skip to next paragraph Robert Reich

Robert is chancellor's professor of public policy at the University of California at Berkeley. He has served in three national administrations, most recently as secretary of labor under President Clinton. He has written 13 books, including 'The Work of Nations,' 'Locked in the Cabinet,' and his most recent book, 'Aftershock: The Next Economy and America's Future.' His 'Marketplace' commentaries can be found on publicradio.com and iTunes.

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And what?s Washington?s response? Nothing. In fact, Congress?s so-called ?supercommittee? just disbanded because Republicans refuse to raise a penny of taxes on the rich.

Meanwhile, the Supreme Court says money is speech and corporations are people. The Supreme Court?s Citizens United decision last year ended all limits on political spending. Millions of dollars are being funneled to politicians without a trace.

And a revolving door has developed between official Washington and Wall Street ? with bank executives becoming public officials who make rules that benefit the banks before heading back to the Street to make money off the rules they created. ?

Other top officials, including an increasing proportion of former members of congress, are cashing in by joining lobbying power houses and pressuring their former colleagues to do whatever their clients want.

Millionaires and billionaires on Wall Street and in executive suites aren?t contributing all this money out of sheer love of country. Their political spending is analogous to their other investments. Mostly they want low tax rates and friendly regulations.

Why else do you suppose tax rates on the super rich are now lower than they?ve been in three decades, and why ? even though the long-term budget deficit is horrendous ? those rates aren?t rising? Why else do the 400 richest Americans (whose wealth is larger than the combined wealth of the bottom 150 million Americans) now pay an average tax rate of only 17 percent?

Why do you think Wall Street got bailed without a single string attached ? not even being required to help homeowners to whom they sold mortgages, who are now so far under water they?re drowning? And why does the financial reform legislation have loopholes big enough for bankers to drive their Ferrari?s through?

And why else are oil companies, big agribusinesses, military contractors, and the pharmaceutical industry reaping billions of dollars of government subsidies and special tax breaks?

Experts say the 2012 presidential race is likely to be the priciest ever, costing an estimated $6 billion. ?It is far worse than it has ever been,? says Republican Senator John McCain.

If there?s a single core message to the Occupier movement it?s that the increasing concentration of income and wealth at the top endangers our democracy. With money comes political power.

Yet when real people without money assemble to express their dissatisfaction with all this, they?re told the First Amendment doesn?t apply. Instead, they?re treated as public nuisances ? clubbed, pepper-sprayed, thrown out of public parks and evicted from public spaces.

Across America, public officials are saying Occupiers have to go. Even in universities ? where free speech is supposed to be sacrosanct ? peaceful assembly is being met with clubs and pepper spray. ?

The First Amendment is being stood on its head. Money speaks, and an unlimited amount of it can now be spent bribing and cajoling politicians. Yet peaceful assembly is viewed as a public nuisance and removed by force.

This is especially worrisome now that so many Americans are in economic trouble. The jobs recession grinds on, seemingly without end. Homes are being foreclosed upon. Qualified students cannot afford college. Or they?re forced to take on huge debt loads they can?t repay in a jobless economy. Schools are firing teachers. Vital social services are being axed.

How are Americans to be heard about what should be done about any of this if they are not allowed to mobilize and organize? ?When the freedom of speech goes to the highest bidder, moneyed interests have a disproportionate say.

Now more than ever, the First Amendment needs to be put right side up. Nothing less than the future of our democracy is at stake.

The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here. This post originally ran on www.robertreich.org.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/taT1jbtY5vE/Time-to-take-back-the-First-Amendment

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