Tuesday, January 31, 2012

NKorea's young leader gets rock star treatment (AP)

SEOUL, South Korea ? North Korea's young new leader gets rock star treatment when he visits his troops ? just as his father did. But while the late Kim Jong Il mostly stayed aloof in dark shades, his son holds hands and hugs his soldiers.

Kim Jong Un seems to want to bond with his country's people.

The style harkens back to Kim Il Sung, his grandfather and revered founder of the country and ruling dynasty, and may reflect an attempt to turn a corner on the periods of hardship and famine under Kim Jong Il, analysts say. Kim Il Sung's image as a daring young general fighting Japanese colonial troops is powerfully engraved in the minds of North Koreans.

Cheers, applause and calls of "Hurrah!" greet Kim Jong Un as he examines the heating systems of soldiers' quarters, the pressure of their water faucets, the books stacked in their libraries ? even the taste of their food.

The North Korean state media reports and video footage of such "guidance visits" provide rare windows into the personalities of North Korea's leaders for outsiders and for the country's people alike. Few North Koreans, for instance, even knew what the elder Kim's voice sounded like, analysts say, despite his ruling for 17 years until his death Dec. 17.

In visits made so far by Kim Jong Un, believed to be in his late 20s, North Korea specialists have detected more warmth in his approach than the dour tours made in recent years by Kim Jong Il.

The younger Kim may be trying to emulate Kim Il Sung and move away from his father, who ruled during a famine in the mid- to late-1990s that killed hundreds of thousands, said Koh Yu-hwan, a North Korea professor at Seoul's Dongguk University. North Korea also has faced international condemnation and sanctions for its pursuit of nuclear weapons.

"He'll try to look comfortable among the masses. He'll try to form an intimacy with the people, perhaps more than his father did," Koh said.

Imitating Kim Il Sung is a "positive for Kim Jong Un, because memories of his father Kim Jong Il aren't very good among ordinary people," Koh said. "People fondly remember the days of Kim Il Sung."

Kim Il Sung often was pictured surrounded by children, and Kim Jong Un resurrected that image during a recent visit to the Mangyongdae Revolutionary School.

As children in military uniforms cheered and clapped, a documentary on state TV showed Kim embracing one child's face with his hands. During lunch, Kim patted students in encouragement and watched with a grin as two women ladled out soup for students; he poured a drop of sauce on his thumb so he could taste it.

His main emphasis, however, has been on military posts ? with seven such reported visits since the New Year. They seek to show citizens that their new leader is firmly in command of the country's most important institution, its 1.2 million-strong military, and that he is loved and respected by young troops and elderly generals alike.

While Kim Jong Il had two decades to prepare for leadership, Kim Jong Un was only publicly unveiled as heir in 2010, and outside observers have raised doubts about Kim Jong Un's ability to lead a country locked in a nuclear standoff with its neighbors and Washington and with a history of attacking South Korea.

Animosity is still high between the Koreas. Six decades after the Korean War, the peninsula remains in a state of war because the 1950-53 conflict ended with an armistice, not a peace treaty. About 28,500 U.S. troops are stationed in South Korea to deter potential North Korean aggression.

Bloodshed spiked in 2010 when a South Korean warship exploded in disputed waters, killing 46. South Korea said the North torpedoed the warship; the North denied the allegation. North Korea also attacked a front-line South Korean island, killing four.

Kim Jong Un clearly has made attempts to appear active and engaged with his soldiers, and this "helps raise troops' morale and his profile," said Kim Yeon-su, a North Korea expert at Korea National Defense University. "North Korea is telling its people that Kim Jong Un is capable of doing all these military activities himself."

Kim Jong Un's first reported military visit after his father's death came on New Year's Day. He appeared at ease, laughing and clapping, pulling officers close to give them words of advice, inspecting bunks and testing water faucets.

On Tuesday, state media reported that Kim visited the family of an air force commander after inspecting his unit and apologized for showing up during meal preparations.

State television has also played a documentary on Kim Jong Un meant to highlight his military experience, showing him in the cockpit of a tank, galloping by on horseback and poring over documents at night.

Despite his youth, Kim Jong Un often plays the part of a solicitous father during his meticulously documented military tours.

Wearing a dark overcoat similar to one Kim Il Sung favored as a young man or a light-colored parka like the one Kim Jong Il wore, he exchanges handshakes with cheering soldiers and takes group photos, often holding hands with the officers on either side of him.

He asks about the soldiers' warmth, their eating and sleeping arrangements, listens with apparent enjoyment to their musical performances, observes their "militant spirit of training," offers guidance to officers and takes "care of the soldiers' living as their real father would do," according to state media.

He even tastes their bean paste.

___

Associated Press writer Sam Kim contributed to this report from Seoul. Follow on Twitter: twitter.com/samkim_ap and twitter.com/APklug.

Source: http://us.rd.yahoo.com/dailynews/rss/nkorea/*http%3A//news.yahoo.com/s/ap/20120131/ap_on_re_as/as_nkorea_leader_s_visits

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"The Help" gets Oscar boost with big SAG wins (Reuters)

LOS ANGELES (Reuters) ? Civil rights drama "The Help" got a leg up in the Oscar race on Sunday when the movie won three awards from the Screen Actors Guild, including best cast in a surprise over silent movie romance "The Artist."

"The Help," which came into the show with four nominations, more than any other film, also earned its star Viola Davis the SAG award for best actress, while Octavia Spencer was named top supporting actress. They both played maids who face discrimination in the film set in Mississippi during the 1960s.

Davis thanked another African-American actress, Cicely Tyson, who inspired her as a child and was in the audience. Davis talked of dreaming big as a child when she wanted to become an actress. She encouraged others to do so, too.

"Dream big and dream fierce," she said.

Davis also took the opportunity to remind the celebrities in attendance, including A-listers George Clooney, Brad Pitt, Angelina Jolie and Meryl Streep, as well as TV audiences, that change is still necessary in current U.S. culture.

"The stain of racism and sexism is not just for people of color or women," she said. "It's all of our burden. All of us, and we can, absolutely all of us, we can inspire change."

Silent movie "The Artist" could only claim one trophy. Jean Dujardin was named best actor in a drama for his role as a fading screen star at the end of the talkies who is ultimately saved by love.

Dujardin, who beat out Clooney and Pitt in the category, seemed genuinely surprised as he held his statue and thanked SAG. Like Davis, he noted that as a kid he was always a dreamer and said his teachers called him "Jean of the moon."

"I was always dreaming," he said. "I realize now that I never stopped dreaming. Thank you very much."

Others winning SAG film honors included Christopher Plummer for supporting actor. Plummer, 82, who plays an elderly man who reveals his homosexuality, much to the chagrin of his family, thanked his fellow actors from the stage, calling them a wacky but wonderful bunch of artists.

SAG's film awards are closely watched for their impact on Oscars because actors make up the biggest voting group at the Academy of Motion Picture Arts and Sciences which picks winners. The Academy Awards take place in Los Angeles on February 26.

Coming into the SAG Awards, "The Artist" had been favored by pundits because it has claimed a string of victories in recent weeks at the Golden Globe and Critics Choice honors, as well as among industry groups like the producers and directors guilds.

But pundits may now have to re-calculate their odds back toward "The Help" with its SAG wins. Another key Oscar contender, "The Descendants," was shut out by SAG voters.

TV WINNERS

Unlike academy voters focused on film, SAG members also pick winners in TV awards, and in that arena, "Boardwalk Empire" was named best drama series for the second straight year and "Modern Family was chosen top comedy, also for the second year running.

Jessica Lange took her first SAG trophy for best dramatic actress in new show, "American Horror Story," and Steve Buscemi was named best actor in a drama for critically acclaimed "Boardwalk Empire." Both thanked their cast and crew members.

Alec Baldwin, Betty White and the "Modern Family" were the three TV winners in comedy categories.

The offbeat "Modern Family" claimed its second straight win for best TV comedy, while Baldwin was named best actor in a TV comedy for the sixth year playing a TV executive on "30 Rock," and White, who turned 90 earlier this month, took the comedy actress trophy for a second time in "Hot in Cleveland."

An obviously surprised White acknowledged her co-stars Valerie Bertinelli, Jane Leeves and Wendie Malick.

The win "belongs with four of us," she said, then looked at her statuette with a gleam in her eye and a joke on her mind. "I'm dealing them right-in with this. I'm not going to let them keep this, but I will let them see it."

In other TV awards, Kate Winslet was named best actress in a small-screen movie or miniseries for "Mildred Pierce," and Paul Giamatti won the trophy for actor in a movie or mini-series with "Too Big to Fail."

Among the humorous moments, three women from raunchy film comedy "Bridesmaids" played a game in which everyone had to take a drink when director Martin Scorsese's name was mentioned. The game became a running joke throughout the show.

And of the more poignant points, Mary Tyler Moore - a star on comedy "The Dick Van Dyke" show in the 1960s, who cemented her fame in the '70s on "The Mary Tyler Moore Show" and starred in critically acclaimed 1980 movie "Ordinary People" - was given a lifetime achievement honor.

"It means so much, it really does," she told Reuters about her honor backstage.

Asked how she wanted to be remembered for all her accomplishments, she replied in modest fashion. "As a good chum. As somebody who was happy most of the time and took great pride in making people laugh when I was able to pull that off."

Hollywood's biggest film stars including Clooney, Pitt, Jolie and others turned out on the red carpet, as did TV's top talent such as Julianna Margulies, Lea Michelle and others.

As with previous Hollywood honors programs, many of the women showed off low-cut or strapless gowns. Some wore vintage or sequined dresses. Colors - violets, reds and teals - proved popular. The men wore tuxedos or stylish suits with bow ties.

(Reporting By Bob Tourtellotte and Piya Sinha-Roy; Editing by Stacey Joyce and Eric Walsh)

Source: http://us.rd.yahoo.com/dailynews/rss/enindustry/*http%3A//news.yahoo.com/s/nm/20120130/media_nm/us_sagawards

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Quest for the golden cross (Reuters)

NEW YORK (Reuters) ? January has turned out to be strong for stocks with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace.

The new year lured buyers into growth-related sectors, the ones that were more beaten down last year. The economy is getting better, but not dramatically. Earnings are beating expectations, but at a lower rate than in recent quarters. Nothing too bad is coming out of Europe's debt crisis -- and nothing good, either -- at least not yet.

"No one item is a major positive, but collectively, it's been enough to tilt it towards net buying," said John Schlitz, chief market technician at Instinet in New York.

Still, relatively weak volume and a six-month high hit last week make some doubt that the gains are sustainable.

But then there's the golden cross.

Many market skeptics take notice when this technical indicator, a holy grail of sorts for many technicians, shows up on the horizon.

As early as Monday, the rising 50-day moving average of the S&P 500 could tick above its rising 200-day moving average. This occurrence -- known as a golden cross -- means the medium-term momentum is increasingly bullish. You have a good chance of making money in the next six months if you put it to work in large-cap stocks.

In the last 50 years, according to data compiled by Birinyi Associates, a golden cross on the S&P 500 has augured further gains six months ahead in eight out of 10 times. The average gain has been 6.6 percent.

That means the benchmark is on solid footing to not only hold onto the 14 percent advance over the last nine weeks, but to flirt with 1,400, a level it has not hit since mid-2008.

The gains, as expected, would not be in a straight line. But any weakness could be used by long-term investors as buying opportunities.

"The cross is an intermediate bullish event," Schlitz said. "You have to interpret it as constructive, but I caution people to take a bullish stance, if they have a short-term horizon."

GREECE, U.S. PAYROLLS AND MOMENTUM

Less than halfway into the earnings season and with Greek debt talks over the weekend, payrolls data this week and the S&P 500 near its highest since July, there is plenty of room for something to go wrong. If that happens, the market could easily give back some of its recent advance.

But the benchmark's recent rally and momentum shift allow for a pullback before the technical picture deteriorates.

"We bounced off 1,325, which is resistance. We're testing 1,310, which should be support. We are stuck in that range," said Ken Polcari, managing director at ICAP Equities in New York.

"If over the weekend, Greece comes out with another big nothing, then you will see further weakness (this) week," he said. "A 1 (percent) or 2 percent pullback isn't out of the question or out of line."

On Friday, the S&P 500 (.INX) and the Nasdaq Composite (.IXIC) closed their fourth consecutive week of gains, while the Dow Jones industrial average (.DJI) dipped and capped three weeks of gains. For the day, the Dow dropped 74.17 points, or 0.58 percent, to close at 12,660.46. The S&P 500 fell 2.10 points, or 0.16 percent, to 1,316.33. But the Nasdaq gained 11.27 points, or 0.40 percent, to end at 2,816.55.

For the week, the Dow slipped 0.47 percent, while the S&P 500 inched up 0.07 percent and the Nasdaq jumped 1.07 percent.

A DATA-PACKED EARNINGS WEEK

This week is filled with heavy-hitting data on the housing, manufacturing and employment sectors.

Personal income and consumption on Monday will be followed by the S&P/Case-Shiller home prices index, consumer confidence and the Chicago PMI -- all on Tuesday.

Wednesday will bring the Institute for Supply Management index on U.S. manufacturing and the first of three key readings on the labor market -- namely, the ADP private-sector employment report. Jobless claims on Thursday will give way on Friday to the U.S. government's non-farm payrolls report. The forecast calls for a net gain of 150,000 jobs in January, according to economists polled by Reuters.

On the earnings front, it will be another hectic week with almost a fifth of the S&P 500 components posting quarterly results. Exxon Mobil (XOM.N), Amazon (AMZN.O), UPS (UPS.N), Pfizer (PFE.N), Kellogg (K.N) and MasterCard (MA.N) are among the names most likely to grab the headlines.

With almost 200 companies' reports in so far, about 59 percent have beaten earnings expectations -- down from about 70 percent in recent quarters.

(Reporting by Rodrigo Campos; Additional reporting by Chuck Mikolajczak and Caroline Valetkevitch; Editing by Jan Paschal)

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/nm/20120129/bs_nm/us_usa_stocks_weekahead

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Romney ridicules Gingrich on eve of Florida vote (Reuters)

DUNEDIN, Florida (Reuters) ? A confident Mitt Romney solidified his lead in Florida polls and ridiculed Republican rival Newt Gingrich on Monday, calling his opponent's attacks "sad" and "painfully revealing" the day before the state's crucial presidential primary.

Romney's self-assurance was on full display during a campaign tour that felt at times like a victory lap, with the front-runner telling a crowd of about 2,000 in Dunedin, Florida: "With a turnout like this I got a feeling we might win tomorrow."

Romney has a double-digit lead in most polls in the state. He said voters have responded to his more aggressive criticism over the past week of Gingrich's work for mortgage giant Freddie Mac, his ethics probe and his resignation as House of Representatives speaker.

"There's no question that politics ain't bean bags, and we have made sure that our message is out loud and clear," Romney said on NBC's "Today" show.

Gingrich, hit hard by the more aggressive Romney strategy, branded his rival as a party insider and elite friend of Wall Street while pledging to stay in the presidential race for the long haul no matter what the outcome in Florida.

"On big philosophical issues, he is for all practical purposes a liberal and I am a conservative and that's what this fight is going to be about all the way to the convention," Gingrich said of Romney on "CBS This Morning."

Romney shrugged off the attacks, drawing cheers from the crowd when he said Gingrich was not doing too well and had been "flailing about."

"I know, it's sad isn't it?" Romney said, calling it "painfully revealing" and adding: "You've just gotta shake your head."

The bitter back-and-forth in Florida was hardly surprising after two turbulent weeks in what is widely considered the most volatile Republican race for the White House in recent memory.

Just 10 days ago, Romney was limping out of South Carolina, where he came in second. Now Florida is his for the taking after prominent conservatives and party leaders threw their weight behind him, worried a Gingrich nomination would doom Republicans in November's general election against President Barack Obama.

Gingrich said heavy spending by Romney, a former Massachusetts governor, and the Super PAC that supports Romney had killed the momentum Gingrich built with a double-digit win over Romney on January 21 in South Carolina.

"He can bury me for a very short amount of time with four or five or six times as much money, most of it raised in Wall Street from the guys who got bailouts from the government," Gingrich said on ABC's "Good Morning America."

A Reuters/Ipsos poll released late on Monday showed Romney had edged up to 43 percent among likely voters in Florida's primary, from 42 percent on Sunday.

Support for Gingrich slipped to 28 percent from 30 percent a day earlier, 32 percent on Saturday and 33 percent on Friday.

Other polls also have shown Romney opening up a double-digit lead on Gingrich, although a few suggest the result could be more of a nail-biter than expected on Tuesday night.

'JUST GETTING STARTED'

The Gingrich campaign worked to spread the idea that he was staying in the race long-term. "Our capacity to tell the truth about Romney's record is limitless. We will challenge Mitt Romney and his lies in every state in every contest," said Gingrich spokesman R. C. Hammond.

At least 1,114 delegates are needed to secure the Republican nomination in August. Florida is the largest state to hold a presidential primary so far this year, and 50 delegates are at stake in a winner-take-all format that will decide who faces Obama.

Baker said even if Romney wins in Florida it will give him just 7 percent of the delegates needed to claim the nomination. The next contest after Florida will be Nevada on Saturday, followed by Minnesota, Colorado and Missouri on February 7.

"There is a long way to go before either candidate clinches the nomination, and this campaign will continue for months," he said. "The campaign is shifting to a new phase where opportunities are not limited to a single state."

Talking to reporters on Monday, Romney noted Gingrich's growing interest in the campaign's long haul.

"That's usually an indication that you think you're gonna lose. When you say 'I'm gonna go on no matter what happens,' that's usually not a good sign," Romney said.

Gingrich said opposition to his candidacy by Republican Party insiders was a badge of honor and a sign of how threatening his candidacy was to the elite.

"They recognize I'm a genuine outsider. I know a lot about Washington having served as speaker but have none of the establishment ties and I will shake the system up. They don't want to be shaken up," he said on CBS.

Both candidates crisscrossed Florida in a final hunt for votes on Monday. The two other remaining Republican contenders, former U.S. Senator Rick Santorum and U.S. Representative Ron Paul, are looking beyond Florida to the next races in Nevada, Minnesota, Colorado and Missouri.

Gingrich was introduced at an afternoon event in Tampa by former presidential rival Herman Cain, who dropped out of the race in November after allegations of sexual harassment and marital infidelity. Cain endorsed Gingrich on Saturday.

"He's the only candidate that talks about and supports the idea of throwing out the tax code in order to get jobs going in this country. Throw it out!" Cain told the crowd.

When Gingrich took the stage, he prompted the crowd to chant "9-9-9" - Cain's frequently cited plan to reform the tax code. "You just made his entire day," Gingrich said.

(Additional reporting by Susan Heavey in Washington and Steve Holland in Tampa; Writing by John Whitesides and Ros Krasny; Editing by Mary Milliken and Christopher Wilson)

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/nm/20120131/ts_nm/us_usa_campaign

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Monday, January 30, 2012

Sudans, Somalia top issues at African Union summit (AP)

ADDIS ABABA, Ethiopia ? Oil negotiations between Sudan and South Sudan and war and hunger in Somalia are expected to dominate discussion at a summit of African leaders in Ethiopia's capital.

The African Union said Sunday the summit's official theme is trade. But increasingly tense relations between Sudan and South Sudan will likely dominate sideline talks among the 54-member bloc. South Sudan has stopped oil production over the impasse. China said Sunday that Chinese workers were seized in a volatile border region of Sudan.

The leaders will also elect a new chair of the A.U. commission, a position held by Gabon's Jean Ping. Ping will run for a second term but will face South African minister Nkosazana Dlamini Zuma.

The AU is holding the summit for the first time at its new $200 million headquarters, paid for by China.

Source: http://us.rd.yahoo.com/dailynews/rss/africa/*http%3A//news.yahoo.com/s/ap/20120129/ap_on_re_af/af_african_union

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Romney seeks to knock out Gingrich in Florida (Reuters)

PENSACOLA/PORT ST. LUCIE, Florida (Reuters) ? Bolstered by positive poll numbers, Republican presidential candidate Mitt Romney on Saturday sought to vanquish rival Newt Gingrich in Florida with a biting new ad about ethics charges and a mocking tone about his debate complaints.

Just days ahead of a pivotal primary race that could determine who has the momentum to win the Republican state-by-state nominating battle, Romney and Gingrich traveled around Florida in a final weekend pitch to undecided voters.

Romney, a former governor of Massachusetts and off-and-on front-runner to take on Democratic President Barack Obama in the November 6 election, needs a victory on Tuesday to regain his footing after losing badly to Gingrich in the South Carolina primary vote last weekend.

Gingrich, the former speaker of the House of Representatives, needs a Florida win to solidify the frontrunner mantle he took on after his resounding victory in the third nominating contests.

"If we win Florida, I will be the nominee," Gingrich declared at a golf facility in Port St. Lucie.

Polls show Romney with an edge, however, and the former private equity executive used his momentum and financial muscle to draw up a closing argument that Gingrich's behavior in Congress made him unfit to be the Republican Party's leader.

In a simple ad titled "History Lesson" -- a play on Gingrich's background as a historian -- Romney's campaign showed footage of an NBC television anchor's news report the day Democrats and Republicans found him guilty of ethics violations in 1997.

"Newt Gingrich, who came to power, after all, preaching a higher standard in American politics, a man who brought down another Speaker on ethics accusations, tonight he has on his own record the judgment of his peers, Democrat and Republican alike," anchor Tom Brokaw says in the report, which makes up the entire ad.

Gingrich denies wrongdoing.

CONTROVERSY

The ad drew controversy from television network NBC, which reported it asked the Romney team to remove the newscast material from the ad. Romney's campaign said it had not received the request from NBC.

Gingrich and Romney have sought to tear each other down in the run-up to the Florida election, fighting over who is best equipped to beat Obama. Gingrich has boasted of carrying on the legacy of the late President Ronald Reagan, a hero to conservatives, while pushing for the anti-establishment support of the Tea Party.

"I can run with a history - not a theory, not a promise - that we can create jobs by unleashing the American people," Gingrich told a pastel-clad crowd of golf fans at the PGA golf facility, criticizing Romney as not being a true conservative.

Don Brigham, 60, a golf pro from Port St. Lucie, said Gingrich's comments helped him make up his mind about whom to support.

"I was undecided, but I loved what I heard," he said. "I was very impressed with his personality. It's a two-man race on the Republican side. I was very impressed with his message. He pretty much spoke to my political beliefs."

But Romney's strong performances in two recent debates -- venues that have usually favored Gingrich -- have resonated with more voters, polls show.

Romney opened up a lead of 8 percentage points over Gingrich in a Reuters/Ipsos poll released on Friday, beating him by 41 percent to 33 percent among likely voters in Florida's Republican primary.

The momentum fueled confidence in Romney, who mocked his rival for complaining about audience participation in their television debates.

"We've had about 18 debates so far, and they're getting more and more fun as time goes on," Romney said at one campaign event.

"This last one Speaker Gingrich said he didn't do so well because the audience was so loud. The one before he said he didn't do so well because the audience was too quiet. This is like Goldilocks."

Romney won in New Hampshire and former Senator Rick Santorum won the first contest in Iowa.

The Reuters/Ipsos poll was conducted on Thursday and Friday, partially capturing likely voters after the most recent debate.

Santorum trailed with 13 percent and Texas Congressman Ron Paul came in at the bottom with 5 percent support.

(Additional reporting by Steve Holland; Writing by Jeff Mason; Editing by Vicki Allen)

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/nm/20120128/ts_nm/us_usa_campaign

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Water trucked to Texas town where wells ran dry

(AP) ? A Central Texas village that's the first community to run out of water due to the ongoing drought will have water trucked in by the Lower Colorado River Authority.

Agency spokeswoman Clara Tuma says the region's wells are no longer producing enough water to meet Spicewood Beach's needs. The first tanker was expected to arrive Monday afternoon.

The village located on Lake Travis has about 500 water connections that serve roughly 1,100 people.

Spicewood Beach has watched the water level drop since October 2010, when the worst single-year drought in Texas began.

Tuma said the river authority, which operates the wells, will truck water to the community for as long as it is needed.

She did not have an estimate of what the operation will cost.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2012-01-30-US-Texas-Drought-Wells-Run-Dry/id-6654258b521245958f5af390fb464e4e

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7 Reasons Why Pinterest Isn?t Yet Ready for Tech Brands

Pinterest_logoManaging a tech brand means you always need to be on the lookout for innovative and creative ways to engage your community. Lately, the rise of Pinterest, a social content curation platform, has been making headlines. As early adopters and community managers, we naturally jumped on board right from the start. So far, our overall experience with Pinterest has been a positive one, and we realize its potential. But we've also found that it's not yet ready for most tech brands ? especially those that have no visual products. In other words, Pinterest seems to expect brands to adapt their content to fit Pinterest?s platform, rather than Pinterest optimizing their platform for brands.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/u_WMMkL_oes/

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Good housing legislation could save the economy

Housing is the one area of policy with the greatest potential to actually move the needle on the economy

I don?t know if the President will say much about housing, but there are some important and potential helpful policy choices percolating in the background.

Skip to next paragraph Jared Bernstein

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Before joining the Center on Budget and Policy Priorities as a senior fellow, Jared was chief economist to Vice President Joseph Biden and executive director of the White House Task Force on the Middle Class. He is a contributor to MSNBC and CNBC and has written numerous books, including 'Crunch: Why Do I Feel So Squeezed?'

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I?ve long held that of all the stuff on the White House?s ?we-can?t-wait? list?things they can do to help the economy and jobs without going through that legislative death trap formerly known as Congress?housing policy is the one with the greatest potential to actually move the needle.

And the most helpful policy in housing is the reduction of mortgage principal for underwater homeowners.?? Research has clearly revealed that owing more than the value on your home is the strongest predictor of foreclosure, and housing finance analysts widely agree that principal reduction is the best medicine to avoid this outcome.

But what does any of this have to do with stuff we could actually do right now?? Good question.? The answer is that the Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac, could quickly reduce the principal on millions of home loans they own or insure, without going through Congress.

So, why haven?t they done so?? Another fine question.?? First, you need to recall that Fan and Fred are 80% owned by the US gov?t right now, and FHFA, as conservator, wants to protect the taxpayer.? That?s fine?we thank you, FHFA.?

But?and news accounts have been getting this quite wrong?FHFA believes that loan forgiveness (principal reduction) would only save the taxpayers $20 billion while loan forbearance would save $24 billion (the latter modifies the loan, it does not reduce it).??

In other words, the FHFA agrees that both types of loan adjustments would reduce defaults and thus reduce losses to taxpayers, with a slight advantage to forbearance, which, as I?ll argue in a moment, is very likely incorrect.? I think if you did the analysis right, forgiveness would trump forbearance by a long shot.? But given the fact that reduction would clean this mess up a whole lot faster and more reliably than just changing the terms of the loans, and that taxpayers save either way, the path ahead?toward forgiveness, not forbearance?should be clear.

Unfortunately, the FHFA is placing landmines in that path.? Based on a letter reviewing all this by FHFA acting director Ed DeMarco, news accounts like this or this are reporting that if Fan and Fred were to reduce the principal on a subset of the mortgages they own or insure, it would cost?taxpayers $100 billion.

This $100 billion (it?s actually $102bn), however, is a gross number?it is the losses to the agencies, and the taxpayers, from all the mortgage defaults that FHFA expects to occur if they neither forbear nor reduce principal.? The relevant numbers, however, are the difference between the losses under a forbearance program ($78 billion), or a reduction program ($82 billion) and the cost of doing nothing.

The punch line, then, is that by their estimates, forgiveness saves the taxpayer $20 billion; forbearance, $24 billion.

But for a number of reasons, FHFA?s methods make forbearance look better than it really is.? This is some weedy stuff, but it matters:

?they use a state level price index rather than a localized price level.? This approach averages across cities with huge price drops and those with normal price declines, and thus reduces the number of the deeply underwater borrowers.*?? That in turn understates the impact of the policy most helpful to those borrowers: principal reduction.

?they use FICO credit scores and debt-to-income ratios at the time of loan origination rather than where those measures are today.? Obviously, they?re worse today, so this makes the agencies? book look better than it really is, and again, understates the benefits to principal reduction.? In other words, the way they do it artificially lowers their expected default rate, and so the policy that?s most effective against defaults for those with lower FICOs and higher DTIs gets less credit than it should.

?they assume that all of their debt forgiven in their forbearance programs is repaid?100% of it.?? That?s not realistic and it significantly reduces the cost of this option. ? Simply building in a realistic default rate for debt that?s been pushed back to the end of the loan would raise the cost of forbearance relative to principal reduction.

Any one of these changes will sop up the $4 billion difference in an NY minute, showing forgiveness to dominate forbearance.? But even if the FHFA wants to stick with their numbers, reductions will go to work much more quickly and effectively to prevent defaults.?

If they keep coming up with reasons not to do the right thing, the White House should do the right thing and replace DeMarco?a perfect good guy who believes he?s doing the right thing here but isn?t?with someone who gets the urgency of the situation.

*Imagine a) that anyone with a home price decline of 30% is underwater and needs a loan mod, and b) a state has two homeowners in two different cities.? Homeowner A?s price went up 30%, homeowner B?s price went down 30%. Average them together across the state and no one needs a mod; use the local price index, and B should get one.

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. To add or view a comment on a guest blog, please go to the blogger's own site by clicking on jaredbernsteinblog.com.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/REkhgMN9CWg/Good-housing-legislation-could-save-the-economy

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Sunday, January 29, 2012

David Arquette To Join Courteney Cox On 'Cougar Town' (omg!)

Courteney Cox and David Arquette are all smiles at the premiere of "Scream 4" held at Grauman's Chinese Theatre in Hollywood, Calif. on April 11, 2011  -- Getty Images

David Arquette is heading to "Cougar Town."

ABC confirmed to Access Hollywood on Friday that David will play a hotel concierge who assists Courteney Cox's character, Jules.

PLAY IT NOW: Josh Hopkins On Slapping Courteney Cox?s Butt On ?Cougar Town?: ?I Should Have Done It Harder!? (2011)

"Can't wait to work with you ladies!" David Tweeted on Friday to Courteney, and Christa Miller, who plays Ellie.

"I can't wait to work with you. You better not be late," Courteney - who just joined Twitter this week, wrote back.

VIEW THE PHOTOS: Courteney Cox & David Arquette Over The Years

David will appear in the show's Season 3 finale.

Courteney and David separated in 2010.

As previously reported on AccessHollywood.com , "Cougar Town" returns on February 14 at 8:30 PM on ABC.

VIEW THE PHOTOS: The Lovely Ladies Of Primetime Television

Copyright 2012 by NBC Universal, Inc. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//us.rd.yahoo.com/dailynews/external/omg_rss/rss_omg_en/news_david_arquette_join_courteney_cox_cougar_town230012614/44332657/*http%3A//omg.yahoo.com/news/david-arquette-join-courteney-cox-cougar-town-230012614.html

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Goldman, Berkshire names surface in Gupta case (Reuters)

NEW YORK (Reuters) ? The names of a Goldman Sachs board member and a top executive of Berkshire Hathaway surfaced on Friday as potential witnesses in the insider trading trial of Rajat Gupta, a former director of Goldman, Procter & Gamble and other companies.

Gupta, a one-time global head of the McKinsey & Co consultancy firm, is the most prominent corporate executive charged in the U.S. government's broad investigation of Wall Street insider trading, a probe that used secretly recorded phone conversations as evidence.

His trial is scheduled to start on April 9 in U.S. District Court in New York. Gupta, 63, has denied the charges of securities fraud and conspiracy in providing inside tips about Goldman and Procter & Gamble board meetings to hedge fund founder Raj Rajaratnam.

At a hearing in federal court in New York to discuss potential evidence and potential witnesses, U.S. prosecutor Reed Brodsky identified Ajit Jain, the top Berkshire Hathaway insurance executive, as a "close friend" of Gupta who has already been interviewed by the prosecution and defense.

Jain is not accused of any wrongdoing.

A spokeswoman for renowned investor Warren Buffett's company Berkshire Hathaway did not immediately respond to a request for comment. Jain, who heads the company's insurance business, has been identified as a possible successor of Buffett's as chief executive.

Dozens of hedge fund managers, lawyers and executives have been convicted since 2009 in the sweeping prosecution, including Gupta's onetime friend and business associate Rajaratnam. He is serving an 11-year prison sentence.

Goldman Sachs chief executive Lloyd Blankfein testified at Rajaratnam's two month-long trial last year and could be called to the witness stand in Gupta's case along with other Goldman executives, according to court records.

On Friday, the name of Goldman board member Claes Dahlback also came up in court and he could be asked to testify.

"After Rajaratnam was arrested in October 2009, Dahlback asked Gupta if he knew Rajaratnam," U.S. District Judge Jed Rakoff said, reading from a government report on the case. "Gupta responded that Rajaratnam was a 'bad man' and further stated that Gupta lost money with Rajaratnam."

A Goldman Sachs spokesman, David Wells, declined to comment.

Government investigators recorded at least two discussions between Rajaratnam and Gupta.

Gupta's lawyer Gary Naftalis indicated that part of the defense would be to emphasize that in 2008 and 2009 - the time the alleged illegal tips took place - relations between Gupta and Rajaratnam had deteriorated. He said Gupta lost all of a $10 million investment he made with the Galleon hedge fund manager.

"We were very unhappy with how he handled our investment and the information he gave us and this is obviously inconsistent with going out and tipping him," Naftalis told the judge.

The government contends that Gupta provided Rajaratnam with advance knowledge of Warren Buffett's $5 billion investment in Goldman at the height of the 2008 financial crisis, as well as information about Goldman's surprise fourth-quarter loss in 2008 and P&G's quarterly earnings in late January 2009.

The case is USA v Gupta, U.S. District Court for the Southern District of New York, No. 11-907.

(Reporting By Grant McCool; Editing by Gary Hill)

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20120128/bs_nm/us_galleon_gupta

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Saturday, January 28, 2012

Katherine Heigl goes for "Money" in new caper film (Reuters)

LOS ANGELES (Reuters) ? Katherine Heigl has headlined several romantic comedies such as "27 Dresses" and "The Ugly Truth," but for her newest film, the former "Grey's Anatomy" TV star toplines an action comedy "One for the Money," in theaters of Friday.

The film is based on author Janet Evanovich's best-selling novel about Stephanie Plum, a divorced, unemployed woman who becomes a bounty hunter to pay the bills. To date, there are 17 installments of the popular book series.

"Money" sees Plum entering the profession, only to find herself chasing down a onetime romantic acquaintance and becoming entangled in a murder. The Emmy award-winning Heigl sat down with Reuters to talk about the film, her life as a working mom, adopting another baby perhaps within the year and a bad smoking habit she just can't seem to quit.

Q: Were you a fan of Janet Evanovich's books?

A: "I read the books when I was first approached about the project. The first one led to the second and by the time I got to the 10th, I was pretty hooked and obsessed. I just love Stephanie. She's savvy, brave and has a big heart. Her perspective on life and people is sort of wacky, charming and fun. She's got this great caustic sense of humor that I really responded to."

Q: And action film is a bit different for you. What was the most difficult thing for you to learn while shooting the film?

A: "I was pretty bad with the handcuffs. I really wanted to master the art of cuffing somebody quickly and efficiently. There's something about holding somebody's hands in a crossed way and trying to slap a cuff on. I didn't want to hurt the co-stars I was working within the scenes."

Q: You've established yourself as a romantic comedy actress. Is that a genre you feel comfortable in?

A: "If you asked me the same question two years ago I would have said, I love doing romantic comedies because those are the movies I tend to only watch. I want to laugh and believe in true love and romance. I'm still thrilled to be in those movies but at 33, I wouldn't mind breaking out of that genre a little bit. This movie had a murder mystery vibe to it, a kind of a caper film, so it was a different spin on the same formula."

Q: Did you have the whole family on location with you in Pittsburgh, including your adopted daughter Naleigh?

A: "Yes and it was chaos! (laughs). There was also my dog, my mom's dog, and then my mom would come for part of the filming because she's a producer on this as well. Then (husband/musician) Josh (Kelley) would come in and out because he's always on tour. Naleigh and the nanny were there all the time."

Q: Is Naleigh aware of what you do for a living?

A: "No, she isn't. Naleigh loves to play doctor and has a little doctor's kit. Recently my mom said, 'Naleigh, your mother played a doctor on TV.' And it was the first time that anyone has ever said to her that her mom is on TV. So she's starting to put the dots together."

Q: Any more kids for you and Josh?

A: "Naleigh's three now, so I'm hoping we have another child sooner than later -- at least maybe in the next year. Naleigh loves babies and the whole idea of babies."

Q: Will you adopt again or have biological children?

A: "We'd like to do both, but I'm on an adoption bent at this point. I'm afraid of pregnancy. That terrifies me. After being in (the R-rated comedy) "Knocked up" and having to watch birthing videos, I'm terrified! (laughs)"

Q: You are in a position where you headline your own movies, but you also produce many of them too. Was that always the plan?

A: "For me, there's so much inherent pressure in the position, so I started to feel neurotic and terrified all the time (laughs). I thought the only way for me to calm down was to take an active role in my future, not to sit and wait, but to create my own opportunities."

Q: So what's on the horizon?

A: "I'd love to write something. I'd love to direct. And there's so much great television, I would never rule out the opportunity to do a great TV show. I watch 'Homeland' and think Clare Danes is brilliant and if an opportunity like that came my way, I wouldn't say no."

Q: You've been spotted smoking electronic cigarettes to help you stop smoking. How's that been going?

A: "It's supposed to get you off the real thing, but I smoke it all the time because I don't have to step outside and it never goes out -- except when the battery dies. So I'm smoking it way more than I probably would a real cigarette."

Q: That's not good.

A: "I'm a nicotine addict and it's really ugly. If I could take anything back, smoking would be it. I wish I never picked up a cigarette. That was so stupid. That would be the one thing I would say to my kid as she gets old and inevitably will want to try a cigarette. I will say, 'Sure, go ahead, if you want to be a slave to something for the rest of your life!' I'll always be fighting the addiction."

(Reporting By Zorianna Kit, Editing by Bob Tourtellotte)

Source: http://us.rd.yahoo.com/dailynews/rss/movies/*http%3A//news.yahoo.com/s/nm/20120127/film_nm/us_katherineheigl

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State of California to pay ESA $950,000 in legal fees

Remember back when the great state of California, at the behest of then-Governor Schwarzenegger and State Senator Leland Yee, tried to pass that law restricting the sale of violent videogames to minors ? only to have the Supreme Court rule such a law unconstitutional? Well, all that adjudicatin' don't come for free, and now the state has agreed to reimburse the Entertainment Software Association $950,000 in legal fees.

The ESA had initially lodged a request for the state to repay the full $1.1 million in legal costs, but $150,000 between friends is chump change. After all, take into account the legal costs of the two earlier rulings in California's lower court, and the state will have reimbursed the ESA a total of $1,327,000. The Association points out that similar reimbursements from other states have netted a total of $3.1 million in legal recompense.

The proceedings, which were carried out against the backdrop of a long-lamented budget crisis for the state, ?wasted more than $1 million in taxpayer funds at a time when Californians could ill afford it,? says the Association's CEO, Michael D. Gallagher. He stressed, however, that his Association would continue to work with states to educate consumers in self-regulating measures such as the ESRB rating system.

The ESA also announced that a portion of the reimbursed legal fees would be put toward developing after-school projects in the poorer areas of Oakland and Sacramento. The programs, which will launch in Spring of this year, will appeal to what the ESA calls a "natural passion for playing and making video games" in the state's youth, "connect[ing] them to the development of critical 21st Century job skills."

Source: http://www.gamesradar.com/state-california-pay-esa-950000-legal-fees/

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AP Interview: Chris Isaak makes Memphis album

U.S musician Chris Isaak plays on his guitar during an interview with Associated Press Television in a west London hotel, to promote the launch of his new album "Beyond The Sun", Tuesday, Jan. 24, 2012. (AP Photo/Joel Ryan)

U.S musician Chris Isaak plays on his guitar during an interview with Associated Press Television in a west London hotel, to promote the launch of his new album "Beyond The Sun", Tuesday, Jan. 24, 2012. (AP Photo/Joel Ryan)

U.S musician Chris Isaak plays on his guitar during an interview with Associated Press Television in a west London hotel, to promote the launch of his new album "Beyond The Sun", Tuesday, Jan. 24, 2012. (AP Photo/Joel Ryan)

U.S musician Chris Isaak plays on his guitar during an interview with Associated Press Television in a west London hotel, to promote the launch of his new album "Beyond The Sun", Tuesday, Jan. 24, 2012. (AP Photo/Joel Ryan)

U.S musician Chris Isaak plays on his guitar during an interview with Associated Press Television in a west London hotel, to promote the launch of his new album "Beyond The Sun", Tuesday, Jan. 24, 2012. (AP Photo/Joel Ryan)

(AP) ? Chris Isaak is returning to the roots of rock 'n' roll and doing it old-school: All in one take.

The U.S. soul singer headed back to the original Sun Studios in Memphis to record a collection that includes cover versions of hits by Elvis Presley and Johnny Cash. The album, "Beyond the Sun," was released this week and Isaak will soon embark on a string of U.S. concert dates.

The 56-year-old, well known for his mesmerizing vocals on the now-classic 1989 hit "Wicked Game," says the decision to make the new album was easy.

"I just went 'I'll sing a bunch of those songs I like singing. I got a band, I'll just call them up and tell them to come over,'" he told the Associated Press in an interview in London.

To make it truly authentic, Isaak and his band recorded with no headphones, no separate takes, just everyone listening to each other and going with the flow.

"It scared the hell out of the band because they go, you know, 'If I screw up the guitar solo then everybody is going to look at me,'" Isaak said.

Sun Studios, the record label owned by Sam Phillips, launched the careers of some of the greatest U.S. singer/songwriters ? including Elvis, Cash, Jerry Lee Lewis and Roy Orbison.

Influenced by those big names while growing up as a child in California, Isaak delivers his interpretations of "Ring of Fire," ''Great Balls of Fire," ''Can't Help Falling In Love," ''Oh, Pretty Woman," while also penning his own original songs.

The first single to be released is one of Isaak's own, "Live It Up."

Fortunately for the band, the old-school approach to recording meant they ended up producing more songs than they had bargained for. Even Isaak's manager was surprised at the speed of production.

"She goes '38 songs? You finished 38 songs?' I said 'Yeah.' She said 'Well, you have to mix all those, that's going to cost a fortune.' I said 'No, they're all done. We just did it all at one time in a room.'"

The singer says he's never missed a show and neither has his drummer Kenney Dale Johnson or his bass player Rowland Salley in the 27 years they've been playing together.

"I'm very proud of them," he said.

Before forging a career in music, Isaak tried his hand at many different occupations: roofing, truck-driving, being a bouncer and even a boxer. He claims he was "lousy" at all of them, it was only with music that he finally found a job he can do well.

"Singing is something that I'm always happy to do it and going in the studio I never felt any pressure. I just feel like I get to sing, you know. It's fun," he said.

While many musicians decry the strain of touring, Isaak says he's lucky to be able to travel the world doing what he loves.

"I come from a small town and I come from a background where we didn't have money to travel," he said. "I thought I'd have to join the military to get to Europe. So I'm thrilled to travel."

U.S. fans will get a chance to see Isaak in action starting in Austin, Texas, on Feb. 13 and ending in Napa, California, on April 27.

But, despite the stereotypes about rockers, don't expect him to be raising hell on tour.

"I liked the rock n' roll, I never wanted the drugs and I never saw the sex because ...nobody ever suggested anything wild to me!" he said. "I think I look too much like a cop."

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/4e67281c3f754d0696fbfdee0f3f1469/Article_2012-01-27-EU-People-Chris-Isaak/id-27013c9faf4f43caa1638f403610a675

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Iran's offer to talk nukes: A win for the West? (The Week)

New York ? Tehran says it's willing to resume discussions, but insists it won't cave to foreign demands that it stop enriching uranium

Facing a potentially devastating oil embargo, Iranian President Mahmoud Ahmadinejad said Thursday that his government was ready to resume talks with foreign leaders who want to curb Iran's controversial nuclear program. But Ahmadinejad said international pressure would not force his country to give up enriching uranium, a demand that caused talks to break down last year. Are tough sanctions working, or is Ahmadinejad just trying to trick the West into loosening the noose?

It's foolish to trust Iran: Ahmadinejad and Iran's ruling mullahs aren't really seeking a nuclear truce, says Jonathan S. Tobin at Commentary. They're just trying to give President Obama "an excuse to back away from the confrontation." They know Obama has to talk tough to counter election-year attacks from Republicans, but they're confident he's in no rush to start an embargo that could trigger "a spike in oil and gas prices and help send an already shaky economy into another tailspin."
"Will Obama take Ahmadinejad's bait?"

Tehran can't win this time: "No one trusts Iran" when it insists it wants only nuclear energy, not bombs, says The Seattle Times in an editorial. That's why the U.S., Europe, and even China are now hitting Iran with "hardball diplomacy." Otherwise, Tehran will never start "talking seriously" about definitively swearing off a quest for nuclear weapons. "President Mahmoud Ahmadinejad can compete with bluster and bellicosity, but he is no match for a united front."
"Diplomats flex their economic options and Iran gets squeezed"

Iran's leaders care about survival more than nukes: "It's far too early to declare victory," says Michael Moran at Slate, but "the end is nigh." With its currency collapsing and oil revenues threatening to dry up, Tehran is getting desperate ? why else would it threaten a suicidal move like shutting down Gulf oil shipping lanes? The mullahs know their regime's very survival is at stake, and it looks like they're "interested more in self-preservation and holding onto power than in [sowing the seeds of] nuclear Armageddon."
"Iran's crisis: The Saudis in the catbird seat"

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Friday, January 27, 2012

Hiriko: The MIT-backed, Spanish 'folding' EV that wants to make cities bigger

Meet Hiriko, an EV that's the fruit of a collaboration between MIT, Basque businesses and the Spanish government. It might look like the rest of those sci-fi Jetson-style concepts, but it has a few tricks up its wheel-arches. Rather than a regular configuration, the bubble-esque ride has four independent in-wheel motors. Also, when you're ready to park this thing, the back section slides forward, "folding" the cabin up vertically -- a feat the makers claim will see it occupy only two-thirds of the space taken by a Smart ForTwo. Other neat features include a single front-opening door and joystick controls (rather than a plain old steering wheel). There's no details on range, mph and charge speed, but 20 test vehicles are being built at a reported cost of $16,253 each. There's no hint at what this will translate to in sticker price when it goes into production next year, but with the initial trials taking place imminently, it looks like Hiriko (meaning "of the city") could be a feature in your city quite soon.

Hiriko: The MIT-backed, Spanish 'folding' EV that wants to make cities bigger originally appeared on Engadget on Thu, 26 Jan 2012 01:26:00 EDT. Please see our terms for use of feeds.

Permalink Autoblog, Engadget Spanish  |  sourceThe Telegraph  | Email this | Comments


Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/z0JlgVGiAlI/

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Making better electronic memory

ScienceDaily (Jan. 27, 2012) ? A rare combination of electric and magnetic properties in a now readily producible material could improve electronic memory devices.

An electric field can displace the cloud of electrons surrounding each atom of a solid. In an effect known as polarization, the cloud centers move away slightly from the positively charged nuclei, which radically changes the optical properties of the solid. Materials that can maintain this polarization, even when the external electric field is removed, are known as ferroelectrics and they could provide a novel route to higher-density memory devices.

"The function of ferroelectric materials is much expanded if they are also magnetic, and if there is a strong coupling between polarization and magnetization," explains Yasujiro Taguchi from the RIKEN Advanced Science Institute in Wako. Taguchi and his colleagues from RIKEN, and several other Japanese research institutes, recently demonstrated experimentally that the material strontium barium manganite ((Sr,Ba)MnO3) has this rare combination of properties1.

Previous experimental studies on (Sr,Ba)MnO3 did not identify any signs of the ferroelectricity promised by theoretical simulations. The problem was an insufficient ratio of barium to strontium atoms: conventional crystal growth techniques had produced material with only a maximum ratio of 1:4. Taguchi and his colleagues therefore developed a new two-stage growth technique that enabled them to increase the barium content to 50%. By comparing the properties of crystals with different levels of barium content, they identified a transition to a ferroelectric state at a content ratio of between 40 and 45%.

Strontium barium manganite has a so-called perovskite crystal arrangement, which is characterized by a repeating cubic structure (Fig. 1). Manganese atoms are located at the center of the crystal and oxygen atoms are situated in the middle of each of the six sides. Either a strontium or a barium atom sits on each corner of the cube. The spin, or rotation, of an electron in the manganese ions makes the crystal magnetic. Ferroelectricity arises because the manganese ions are displaced slightly from the center of the cube. "Therefore the manganese ions are responsible for both polarization and magnetism and thus a strong coupling between the two emerges," explains Taguchi.

Materials that are both ferroelectric and have magnetic properties are called multiferroics. The multiferroic materials identified so far have either strong coupling between electricity and magnetism but small polarization, or large polarization with weak coupling. "We have now discovered a multiferroic material that has both [strong coupling and large polarization]," says Taguchi. "These properties are necessary requirements if multiferroic materials are to be applied to devices. One possible example is low-power-consumption memory devices."

The corresponding author for this highlight is based at the Exploratory Materials Team, RIKEN Advanced Science Institute

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Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/UToRrDuUgNU/120127135441.htm

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Worst News Story of 2012? (Powerlineblog)

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

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Scientists create star matter in a lab: what could possibly go wrong?! (Yahoo! News)

Experiments bring us closer to understanding our own sun

As scientists work to discover more and more about the?galaxy and our own?solar system, they're doing some pretty amazing things. But U.S. Department of Energy scientists working at the?SLAC National Accelerator Laboratory at Stanford University have accomplished something that really boggles the mind: they have created superhot solid plasma?? the kind of material you would find at the center of a star or a giant planet.

The scientists used a machine called the Linac Coherent Light Source, the most powerful X-ray laser machine ever created, to accomplish this feat. They fired the laser at a tiny cube of aluminum only one-thousandth of a centimeter wide, and as the laser pulses converged on the aluminum, it created a superhot solid plasma burning at a temperature of 3.6 million degrees Fahrenheit (2 million degrees Celsius).

While that might sound pretty darn hot (and it is about the temperature of our sun's corona or outer atmosphere), it's still much cooler than the 14 million Kelvin (13.9 million Celsius) of the matter at the center of our star. But the research goes a long way toward understanding the nuclear fusion process that powers our sun and makes stars work.

[Image credit:?University of Oxford/Sam Vinko]

This article was written by Katherine Gray and originally appeared on Tecca

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Thursday, January 26, 2012

'Starbursts' yield cosmic giants

Frenetic star-forming activity in the early Universe is linked to the most massive galaxies in today's cosmos, new research suggests.

This "starbursting" activity when the Universe was just a few billion years old appears to have been clamped off by the growth of supermassive black holes.

An international team gathered hints of the mysterious "dark matter" in early galaxies to confirm the link.

The findings appear in Monthly Notices of the Royal Astronomical Society.

Being able to see objects at great distances in the cosmos allows astronomers to look into the past, at light that departed when the Universe was young.

Continue reading the main story

Dark energy and dark matter mysteries

  • Gravity acting across vast distances does not seem to explain what astronomers see
  • Galaxies, for example, should fly apart; some other mass must be there holding them together
  • Astrophysicists have thus postulated "dark matter" - invisible to us but clearly acting on galactic scales
  • At the greatest distances, the Universe's expansion is accelerating
  • Thus we have also "dark energy" which acts to drive the expansion, in opposition to gravity
  • The current theory holds that 73% of the Universe is dark energy, 23% is dark matter, and just 4% the kind of matter we know well

Using the 12-metre Atacama Pathfinder Experiment telescope in Chile, an international team led by Ryan Hickox of Dartmouth College studied the way distant galaxies from the early Universe grouped together.

Galaxies are understood to be surrounded by "haloes" of a mysterious material called dark matter, which clearly exerts a force but has never been detected. The team's experiments measured the effects of this gravitational force on the galaxy clusters.

With these measured dark matter haloes, and the help of a computer model that describes how the galaxies and their haloes should evolve, the team showed that the frenetic "starbursting" galaxies develop into the enormous elliptical galaxies we see more nearby.

"This is the first time that we've been able to show this clear link between the most energetic starbursting galaxies in the early Universe, and the most massive galaxies in the present day," said Dr Hickox.

However, these bouts of star formation appear to only last about 100 million years, seeming to come to an abrupt halt.

The team's new work adds weight to the idea that the starburst feeds material into the supermassive black holes at their centres.

These in turn emit powerful blasts of energy as they consume the stars, blowing away the very clouds of gas that could otherwise have coalesced into even more stars.

Source: http://www.bbc.co.uk/go/rss/int/news/-/news/science-environment-16702962

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2012 BlackBerry roadmap leaks, reveals pile of Curves and 3G PlayBook

BlackBerry Roadmap
We've heard some rumors about what RIM had in store for its beleaguered BlackBerry brand, but we're just now seeing some evidence to support those claims. The fine folks over at BGR have gotten their hands on what appears to be a copy of the company's 2012 roadmap, as well as a handful of slides detailing some upcoming products. It looks like an HSPA+ equipped PlayBook is in the works, packing both NFC and a 1.5GHz CPU for good measure, as well as a pile of Curves aimed at the entry-level market. Something new those cheapo handsets will be bringing to the table is a dedicated BBM button, which should make addicts of the messaging service quite happy. Sadly, it also looks like the first BlackBerry 10 (formerly BBX) device may have suffered a slight delay and may not land till October or November. Hit up the source link for all the nitty gritty details.

2012 BlackBerry roadmap leaks, reveals pile of Curves and 3G PlayBook originally appeared on Engadget on Thu, 26 Jan 2012 12:30:00 EDT. Please see our terms for use of feeds.

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