Tuesday, January 31, 2012

UN maps 'future worth choosing'

Growing inequality, environmental decline and "teetering" economies mean the world must change the way it does business, a UN report concludes.

Health and education must improve, it says. Subsidies on fossil fuels should end, and governments must look beyond the standard economic indicator of GDP.

The High-Level Panel on Global Sustainability was established in 2010 by UN Secretary General Ban Ki-moon.

Its report will feed into discussions leading to the Rio+20 summit in June.

It is being launched in Addis Ababa by its two co-chairs, Finnish President Tarja Halonen and her South African counterpart Jacob Zuma.

"With the possibility of the world slipping further into recession, policymakers are hungry for ideas that can help them to navigate these difficult times," said Mr Zuma.

"Our report makes clear that sustainable development is more important than ever given the multiple crises now enveloping the world."

Ms Halonen emphasised the theme of equality that runs through the report, in terms of gender and redressing the burgeoning gap between people on high and low incomes.

"Eradication of poverty and improving equity must remain priorities for the world community," she said.

Pushing the boundaries Continue reading the main story

The panel's diagnosis

  • The number of people living in poverty is declining, but the number hungry is rising
  • Inequality in wealth distribution is rising
  • Access to clean water is increasing, but 2.6 billion people lack access to modern sanitation
  • By 2030, demand for food will rise by 50%, for energy by 45% and for water by 30%
  • Women are too often excluded from economic opportunities
  • The financial crisis was partly caused by market rules that encourage short-termism and do not reward sustainable investment
  • The current economic model is "pushing us inexorably towards the limits of natural resources and planetary life support systems"

The panel's 22 members include heads of government and ministers past and present, including Barbadian Prime Minister Freundel Stuart, Australian Foreign Minister and former Prime Minister Kevin Rudd, and India's Rural Development Minister Jairam Ramesh.

They also include Gro Harlem Brundtland, the former Norwegian Prime Minister who led the Brundtland Commission in 1987.

It was that report that coined the most familiar definition of sustainable development as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs".

Twenty-five years on, the new report concludes that although substantial progress has been made in many directions, such as reducing poverty, development is anything but sustainable.

"We undertook this report during a period of global volatility and uncertainty," it says.

"Economies are teetering. Inequality is growing. And global temperatures continue to rise.

"We are testing the capacity of the planet to sustain us."

To turn this around, it says: "We need to change dramatically, beginning with how we think about our relationship to each other, to future generations, and to the ecosystems that support us".

Changing track

The report - Resilient People, Resilient Planet: A Future Worth Choosing - includes 56 recommendations that would, if implemented in full, have profound implications for societies, governments, and businesses.

Governments would build the true environmental costs of products into the prices that people pay to purchase them, leading to an economic system that protects natural resources.

Goods would be labelled with information on their environmental impact, enabling consumers to make more informed purchasing decisions.

With UN support, governments would adopt indicators of economic performance that go beyond simple GDP, and measure the sustainability of countries' economies.

Governments would change the regulation of financial markets to promote longer-term, more stable and sustainable investment.

Subsidies that damage environmental integrity would be phased out by 2020. The UN estimates that governments spend more than $400bn each year subsidising fossil fuels, while OECD countries alone spend nearly the same amount on agricultural subsidies.

In parallel, access to energy, clean water, sanitation and food would be increased, meeting the Millennium Development Goals (MDGs) and going beyond them.

New targets would be established of ensuring "universal access to affordable sustainable energy" by 2030, while universal telecommunications and broadband access should arrive by 2025.

Governments "should consider establishing a global fund for education" in order to meet the existing MDG on universal access to primary education by 2015, and aim for universal access to secondary education by 2030.

These and other targets should be incorporated into a new set of Sustainable Development Goals (SDGs), to be drawn up in the next few years, the panel says.

Some of its recommendations parallel the initial draft agreement drawn up for the Rio+20 summit.

"We greatly welcome the report of the panel and its messages," said Farooq Ullah, head of policy and advocacy at Stakeholder Forum, a civil society group involved with preparations for the summit.

"It outlines a vision of the future which is people-centric and which exists within the safe operating space necessary for planetary health and our existence."

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Source: http://www.bbc.co.uk/go/rss/int/news/-/news/science-environment-16775264

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Sunday, January 29, 2012

Key dates in Greece's debt crisis (AP)

ATHENS, Greece ? A look at key dates in Greece's financial crisis.

Oct. 4, 2009 ? George Papandreou's Socialists win landslide general election victory, ending five and a half years of conservative rule. He is sworn in as prime Minister two days later.

Oct. 18, 2009 ? Government reveals that the budget deficit is set to rise to at least 12 percent of the country's gross domestic product, double the previous government's estimate. The shortfall eventually reached 15.6 percent of GDP.

Dec. 8, 2009 ? Fitch Ratings downgrades Greece's credit rating from A- to BBB+. Bond grades from the three major agencies eventually reached junk status.

March 3, 2010 ? Greece announces a major austerity plan ? with many more to follow ? increasing VAT and tax on cigarettes and alcohol, and freezing pensions and curbing civil servants' pay.

April 23, 2010 ? Prime Minister, speaking on the tiny Aegean Sea island of Kastelorizo calls for the activation of the eurozone-IMF rescue package, as Greece is unable to cope with rising borrowing costs.

April 27, 2010 ? Standard & Poor's slashes Greece's long-term credit ratings by three notches from BBB minus to BB plus, or junk status and warns debt holders that they only have an average chance of between 30 to 50 percent of getting their money back in the event of a debt restructuring or default. Portugal's long-term credit ratings are also reduced by two notches, from A plus to A minus, as other peripheral eurozone markets come under pressure.

May 2, 2010 ? Eurozone finance ministers agree to rescue Greece with euro110 billion in loans over three years.

May 5, 2010 ? In a day of mass protests and rioting, three people are killed after being trapped in a burning bank.

May 10, 2010 ? European officials agree on $1 trillion rescue package to protect the euro currency union.

May 18, 2010 ? Greece receives euro14.5 billion in bailout loans, just in time to meet a crucial debt refinancing deadline.

Jun 14, 2010 ? Moody's slashes Greece's government bond ratings by four notches to Ba1 from A3, with a stable outlook for the next 12-18 months. It is the second of the three major agencies to accord Greek bonds junk status. Standard & Poor's did the same in late April.

July 8, 2010 ? Unions stage their sixth general strike of the year ? halting public transport and services, stopping ferry departures and closing schools, newspapers, courts and public hospitals.

July 13, 2010 ? Greece successfully raises euro1.25 billion ($1.62 billion) in its first debt auction since receiving international bailout loans. The sale of 26-week treasury bills is oversubscribed 3.64 times, at an interest yield of 4.65 percent.

August 5, 2010 ? The IMF and EU say Greece has made "remarkable" progress implementing an austerity program to tackle its debt crisis and is expected to receive the second installment of rescue loans, worth euro9 billion in September. They warn that the country still faces significant challenges.

August 12, 2010 ? Official data show that Greece's recession deepened in the second quarter and unemployment has skyrocketed. GDP in the second quarter of 2010 shrank 3.5 percent from a year earlier, while the jobless rate was 12 percent at end-May, up from 8.5 percent a year earlier.

Nov. 14, 2010 ? Greece's Socialists emerge the winners of local government election runoffs, despite a record low turnout and renewed pressure on the crisis-hit nation to impose a new round of drastic spending cuts.

Dec. 15, 2010 ? Rioters clash with police across central Athens, smashing cars and hurling gasoline bombs during a nationwide labor protest against austerity, in the seventh general strike of the year.

Jan 14, 2011 ? Fitch cuts Greek debt by one notch, from BBB- to BB+, or junk status.

Feb 21, 2011 ? Greece unveils legislation to reduce tax evasion as part of reforms agreed in return for the euro110bn bail-out by the European Union and the International Monetary Fund.

Apr 23 ? European Commission data shows the Greek budget deficit jumped to 13.6 per cent of gross domestic product in 2009. This is almost a full percentage point higher than the Greek government's projection of 12.7 per cent.

May 24 ? The Greek government announces that it would sell stakes in state-controlled companies and form a sovereign wealth fund, to stem criticism that it has dragged its feet on measures to raise revenue and cut spending.

May 25, 2011 ? Protesters against the government's policies occupy Athens' Syntagma square, facing the Parliament. An encampment is set up and daily demonstrations and "people's assemblies" take place. The protests fizzle out after authorities dismantle the encampment on July 30.

Jun 17, 2011 ? Facing increasing discontent within his own ruling socialists, prime minister George Papandreou replaces finance minister George Papaconstantinou with his main party rival, Evangelos Venizelos, hoping to pass a tough, euro28 billion austerity bill to stave a default.

Jun 29, 2011 ? Parliament passes the euro28 billion austerity bill in the face of two days of violent protests during which some 300 protesters and police are injured. The package contains severe spending cuts and tax increases. The European Union had set passage of the bill as a precondition for further aid.

July 3, 2011 ? European finance ministers agree to release a vital euro8.7 billion installment of aid money for Greece but postponed a decision on a second bailout. Without the money, plus euro3.3 billion which the IMF board authorized a few days later, Greece would have defaulted on its massive debts within days, becoming the first developed country in 60 years to do so.

July 21, 2011 ? Eurozone leaders grant Greece a massive new bailout and radically reshape the currency union's rescue fund, allowing it to act pre-emptively when crises build up. The eurozone countries and the International Monetary Fund say they will provide Greece with euro109 billion on top of the euro110 billion granted in May 2010. Banks and other private investors are to contribute some euro37 billion to the rescue package until 2014.

July 25, 2011 ? Moody's cuts Greece's rating by three notches to Ca ? one above what it considers a default rating. The credit rating agency warns that it's almost inevitable that Greece will be considered to be in default of its debts, as the second bailout package implies "substantial" losses for private creditors.

Sept. 1, 2011 ? Disagreements over Greece's massive budget deficits and how to make up for the funding shortfalls lead international debt inspectors to suspend their review and leave Athens. Their departure will lead to a 3-month delay in the disbursement of the 6th installment from the original bailout package. Finance minister Venizelos warns an even deeper recession will hurt Greece's deficit-cutting efforts.

Oct 2 ? The finance ministry announces Greece will not meet the 2011 and 2012 deficit targets agreed with the international lenders. It estimates the 2011 deficit at 8.5 percent of GDP instead of the targeted 7.8 percent and the 2012 deficit at 6.8 percent instead of 6.5 percent. It blames the deviation to a deeper recession than forecast. Later, it will revise the 2011 deficit to 9.5 percent.

Oct 19 ? Greek lawmakers approve the country's latest austerity package, including new tax hikes, further pension and salary cuts, the suspension on reduced pay of 30,000 public servants and the suspension of collective labor contracts.

Passage of the bill was a precondition for more money from the euro110 billion bailout package.

The bill passes in the face of violent demonstrations in which over 100,000 Greeks take part.

Oct 27 ? European leaders reach a deal with Greek debtholders that would see private investors take a 50 per cent cut in the face value of their bonds, a deep haircut that officials believe will reduce Greek debt levels to 120 per cent of gross domestic product by the end of the decade.

The agreement, struck after nearly 11 hours of talks at a summit of eurozone leaders, includes a new euro130bn bail-out of Greece by the European Union and the International Monetary Fund.

Nov. 3

? Greece is in turmoil and the world economy in limbo as a high-stakes game of political brinkmanship in Athens leads Prime Minister George Papandreou to abandon his explosive plan to put a European rescue deal to a referendum.

Capping a day of extreme political turbulence in Athens, Papandreou tells his socialist colleagues that there is no need for a referendum after the conservative opposition promises to support the terms of a euro130bn bail-out from the European Union, European Central Bank and International Monetary Fund.

Nov 4 ? Papandreou survives a crucial vote of confidence in parliament, but a group of senior socialists call for a government of national unity to be formed quickly under a new leader.

Nov 5 ? The leaders of Greece's two largest political parties decide to form a government of national unity to start implementing a euro130bn bail-out plan, then take the country to elections.

Nov 11 ? Lucas Papademos, a former central banker, is sworn in as Prime Minister of a government supported by the socialists and two conservative parties.

Nov 16, 2011 ? Papademos wins confidence vote in parliament. First meeting with International Institute of Finance Managing Director (IIF) Charles Dallara, who represents Greece's private creditors.

Jan 28, 2012 ? Greece and investors who own its bonds reach a tentative deal to significantly reduce the country's debt and pave the way for it to receive a much-needed euro130 billion bailout.

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/ap/20120129/ap_on_bi_ge/eu_greece_financial_crisis_timeline

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Saturday, January 28, 2012

Tropical depression hits Mozambique (AP)

MAPUTO, Mozambique ? Mozambique's meteorological service says the second tropical depression to hit the southern part of the country in two weeks has destroyed thousands of homes.

Sergio Buque says that heavy rains, accompanied by strong winds have affected more than 250,000 families since the storms began last week. He says the newest tropical depression moved from the central province of Sofala, where it hit Wednesday night, to the southern Inhambane province.

State radio reported Thursday that two more people were killed by heavy rains in the northern province of Cabo Delgado, bringing the total death toll of the storms across Mozambique to 26.

The rains have also inflicted heavy losses in the Montepuez district, where more than 22,200 acres (9,000 hectares) of crops, including the country's staple food maize, are under water.

Source: http://us.rd.yahoo.com/dailynews/rss/africa/*http%3A//news.yahoo.com/s/ap/20120126/ap_on_re_af/af_mozambique_flooding

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Friday, January 27, 2012

Test Might Predict Risk of Lung Cancer's Return (HealthDay)

THURSDAY, Jan. 26 (HealthDay News) -- A new industry-funded study suggests that a molecular test can provide insight into whether patients are at high risk of a relapse after surgical treatment for a form of lung cancer.

The test, which is currently available, could help doctors decide whether the patients should undergo chemotherapy to prevent the cancer from returning.

There are caveats: The test is expensive, and researchers don't yet know whether patients determined to be at high risk will live longer if they undergo chemotherapy.

Still, "this may be one of the very first examples of where we understood enough about the molecular biology of a cancer to truly personalize the treatment of patients and actually improve the cure rate for that cancer," said study co-author Dr. Michael Mann, an associate professor of surgery at the University of California, San Francisco.

At issue is non-small-cell lung cancer, by far the most common kind of lung cancer. Even if tumors are diagnosed early and removed, the cancer will spread and kill 35 percent to 50 percent of patients.

In these cases, "even when the tumor is small and they got it all, microscopic disease has spread around the body," said Dr. John Minna, co-author of a commentary accompanying the study. He is a cancer researcher and professor of medicine at the University of Texas Southwestern Medical Center in Dallas.

Scientists are trying to find a way to predict what will happen to patients after surgery so they can figure out if chemotherapy treatment is a good idea.

In the new study, researchers gave the molecular test to 433 lung cancer patients in California and 1,006 patients in China. The researchers found that the test helped them to predict the likelihood that patients would survive for five years.

Conceivably, physicians could adjust the treatment of patients after surgery to coincide with the risk of a recurrence of their cancer. For now, though, that's not proven. The research "doesn't tell you that if you had a bad prognosis and you were treated with chemotherapy, then you'd do better," Minna said.

Still, information about the risks faced by a patient could help doctors make choices about treatments, said Minna, who called the test "promising."

Study co-author Mann agreed: "There may be an important conversation that you can have with your oncologist about potential benefit from additional therapy to reduce the likelihood of the cancer coming back."

Mann said the test -- which is currently available -- could cost several thousand dollars. Minna, the commentary co-author, said any cost over a few hundred dollars could be an issue for insurors.

The research was funded by the firm that developed the molecular test, and several of the study authors serve as consultants to the firm.

The study appears in the Jan. 27 online issue of The Lancet.

More information

For more about lung cancer, try the U.S. National Library of Medicine.

Source: http://us.rd.yahoo.com/dailynews/rss/health/*http%3A//news.yahoo.com/s/hsn/20120127/hl_hsn/testmightpredictriskoflungcancersreturn

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Tuesday, January 24, 2012

Israel's Netanyahu praises EU oil sanctions on Iran (Reuters)

JERUSALEM (Reuters) ? Israeli Prime Minister Benjamin Netanyahu praised Monday a European Union decision to place sanctions on Iranian oil exports, but said it was unclear if the move could thwart Tehran's nuclear ambitions.

"I think this is a step in the right direction," Netanyahu said at a meeting of his Likud faction in parliament.

"For now, it is impossible to know what the result of these sanctions will be. Heavy and swift pressure is needed on Iran and the sanctions must be evaluated according to their results."

Netanyahu said that despite world pressure so far "Iran is continuing undeterred to develop nuclear weapons."

Tensions have risen in recent weeks over Iran's atomic program which Israel views as a threat to its existence and which Tehran insists is for peaceful purposes.[nL5E8CN1QJ]

Israel has been keen for Western nations to intensify sanctions against Iran to try to persuade the Islamist regime to halt its nuclear program.

The United States has led Western pressure on Iran to curb uranium enrichment that might provide material for weapons.

Washington's ambassador to Israel, Dan Shapiro, was quoted as saying last week that the Obama Administration was ready to move beyond sanctions if Iran's suspected atomic weapons ambitions were not curbed.

But Washington was keen to coordinate with Israel, and the chairman of the U.S. Joint Chiefs of Staff General Martin Dempsey paid a visit last week which Israeli officials said was to coordinate strategy. Dempsey has said he was not sure if Israel would give him advance warning if it decided to strike Iran.

(Reporting by Ari Rabinovitch, Editing by Jeffrey Heller and David Stamp)

Source: http://us.rd.yahoo.com/dailynews/rss/iran/*http%3A//news.yahoo.com/s/nm/20120123/wl_nm/us_israel_eu_iran_urgent

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Thursday, January 19, 2012

At Patheos: TFTM: Leave the gun, take the salvation (slacktivist)

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, News Feeds and News via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/187979053?client_source=feed&format=rss

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How the major stock indexes fared on Tuesday (AP)

Slight improvements in Europe's troubled debt markets and China's economy were enough to lift stocks on Tuesday. The Dow Jones industrial average rose as much as 151 points before fading in afternoon trading. The markets were closed on Monday for Martin Luther King Jr. Day.

The Dow Jones industrial average rose 60.01 points, or 0.5 percent, to close at 12,482.07.

The Standard & Poor's 500 index gained 4.58 points, or 0.4 percent, to 1,293.67.

The Nasdaq composite index added 17.41 points, or 0.6 percent, to 2,728.08.

For the year to date:

The Dow is up 264.51 points, or 2.16 percent.

The S&P 500 is up 36.07 points, or 2.87 percent.

The Nasdaq is up 122.93 points, or 4.72 percent.

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/ap/20120117/ap_on_bi_ge/us_wall_street_box

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Wednesday, January 18, 2012

DB, NYSE stress European nature of deal in EU letter (Reuters)

FRANKFURT (Reuters) ? Top executives at Deutsche Boerse (DB1Gne.DE) and NYSE Euronext (NYX.N) sent a letter to European Commissioners emphasizing the "European" nature of a combined company, in a bid to salvage their deal after antitrust regulators threatened to block it.

The letter was sent by NYSE Euronext Chief Executive Duncan Niederauer and Deutsche Boerse chief Reto Francioni on January 13, and was addressed to European Union Commission President Jose Manuel Barroso and also copied to the remaining 27 commissioners, a copy of the letter seen by Reuters shows.

In it, executives from Deutsche Boerse and NYSE Euronext expressed "profound concern" that blocking the takeover "would represent a serious missed opportunity at a critical juncture for Europe."

Earlier this month, European Commission antitrust regulators signaled they would recommend blocking a merger over concerns about creating a dominant player in derivatives, a source told Reuters.

Deutsche Boerse and NYSE have now focused their efforts to convince the so-called college of 27 commissioners that EU antitrust commissioner Joaquin Almunia's conclusions are wrong, and that approving the deal would help advance EU interests.

"The transaction will facilitate the effective implementation of European Union financial services regulation and offer a unique opportunity to deepen regulatory cooperation and reduce the risk of regulatory arbitrage," the letter said.

"If this combination is prohibited by the College of commissioners, the global consolidation of exchanges might very well shift the balance towards countries favoring 'light touch' regulation, which would severely endanger the European Commission's agenda," the letter continued.

In the letter Deutsche Boerse Chief Reto Francioni and NYSE Euronext head Duncan Niederauer said the new company would be domiciled in the European Union and be strictly under European supervision.

Furthermore, 80 percent of the governance of the company and 70 percent of the revenues would be generated within the European Union, the letter said.

"The new company would accelerate the integration of Europe's capital markets, and serve as the vanguard for the implementation of European Union and G20 regulatory reforms," the letter said.

The college of commissioners will give a formal ruling by February 9.

Both executives again emphasized that a review of the deal should look at the derivatives market from a global, rather than just European perspective, and should include the over-the-counter market.

"Contrary to the views expressed by the Directorate General for Competition, effective competition will continue to exist, in particular due to over-the-counter trading, the global nature of the derivatives market, and our strong global rivals.

"For instance, CME, the largest derivatives exchange in the world, competes with us directly in Europe, has more employees in Europe than NYSE Liffe and a larger interest rate derivative portfolio than our combined businesses."

The letter said Europe would be disadvantaged given that the U.S. had approved the merger of Chicago Mercantile Exchange with the Chicago Board of Trade in 2007 to create CME.

The European Commission has demanded Deutsche Boerse and NYSE sell either the Eurex derivatives arm or Liffe, a move that both exchanges have ruled out so far.

German union representatives on Wednesday said they would be pleased if the European authorities blocked the deal. "We had feared there would be grave consequences for Frankfurt as a financial centre if the deal succeeded."

(Reporting By Foo Yun Chee in Brussels; writing by Edward Taylor; Editing by Helen Massy-Beresford)

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/nm/20120116/bs_nm/us_deutscheboerse_nyse

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Aging and Life Quality: What Does the Future Hold?

Lucille "Lulu" Weinstein

The first thing one would notice about Lulu is her smile. ?Hello, dear, when is your party?? Lucille ?Lulu? Weinstein beams at me. ?I need to decide what to wear. What are you going to wear to the party? A blue dress or a pink one??

Lulu?s effervescent and undeniably sweet personality easily charms. She?s the kind of lady who wants to have a nice time and look good doing it. The 87 year old who likes to put on lipstick and pull back her hair into a neat twist suffers from Alzheimer?s. It?s a chronic disease marked by bouts of confusion and a rather frightening sense of losing one?s identity.

Alzheimer?s leads Lulu to jump from asking about the weather to discussing a party she?s made up in her head. Lulu, a patient at Carmel Board and Care, California, is lucky. She?s cheerful and gentle, and has been placed by her loving family in a top nursing facility whose employees care for all of her basic needs as well as her emotional ones. She has a constant stream of visitors and is generally happy.

Many Americans, those who cannot afford first-rate private care, are not so lucky.

Americans 65 years or older were numbered at 39.6 million in 2009, making up 12.9 percent of the U.S. population or about one in every eight Americans. That number will increase, according to the U.S. Department of Health and Human Services. It is estimated that about 72.1 million older persons will make up the 65 plus age bracket by 2030. With a rising aging population comes a growing demand for special care facilities. Living longer means that diseases become long-term and chronic, and services are more expensive as people spend more time in facilities. Not everyone will be able to afford private care and will eventually come to rely on social welfare?but can governmental services, city and federal alike, cope with demands?

Unless one has had to navigate tricky geriatrics services for an elderly loved one, they don?t usually consider the ramifications of getting older. Los Angeles, after all, is often perceived as the land of perpetual youth, both by California residents and tourists. The Sunset Strip is filled with aspiring models and actors, some beyond their prime, perfectly coiffed, with sprayed on tans and a disconcerting, overabundance of face-lifts. There is an understandable sense of trepidation people feel about aging, so it?s hardly surprising so many of us try to delay it as long as possible. But there is no way to ignore, however, that the Baby Boomers have begun to collect benefits while taking advantage of already economically strained health and social services.

?There seems to be a sort of fear, if you will, of aging,? said Valentine Villa, a California State Los Angeles Social Work professor and the director of the Applied Gerontology Institute. ?In aggregate we are doing better in terms of health, in terms of socioeconomic status. We?ve been living longer.?

The issues that surround aging are complicated. For example, there are shortcomings as certain demographics have a higher likelihood of age-related problems evident in Los Angeles.

?We see disparities, racial disparities, among African-American women in particular and among African-American and Latino children,? said Karen Lincoln, associate director of the USC Roybal Institute.

The ailments are both genetic and linked to culture or socioeconomic situations, such as food culture and the realities of poverty. They can lead to higher instances of problems ranging from diabetes to obesity?ailments that are more prevalent among ethnic communities in Los Angeles. As people live longer, many more are now becoming old enough to suffer from chronic illnesses like Alzheimer?s.

?Latinos, African Americans, some Asian and Native Americans don?t do as well as non-Hispanic whites,? said Villa.

Beyond demographic concerns exists challenges that health care providers will face as aging populations experience more long-term, debilitating illnesses that will require around-the-clock care.

?A lot of those people who would have died of heart attacks are now [suffering from] Alzheimer?s that they would never have got because they would have died early,? said Kelvin Davies, professor at the USC Davis School of Gerontology and an expert in Alzheimer?s. ?We used to have more coronary care units? that was the shining star of hospitals twenty years ago.?

Davies? research looks at why people age, focusing on Alzheimer?s and other age-related ailments. His latest study published in August in the Journals of Gerontology found that Lon protease, an enzyme, or a substance that increases the rate of a reaction is mobilized less frequently as a cell ages.

When Lon protease isn?t called on as frequently, cells are less protected from oxidative damage, such as peroxides and free radicals, which cause damage to a cell.

Davies and his research team exposed cells to various oxidative stresses, such as ozone, hydrogen peroxide, pesticides and herbicides and other toxins. In experiments, some of which used human lung cells, Lon production increased to fight oxidation. The process can be likened to rusting or food spoiling.

?You find that if you give cells the right opportunity, cells adapt,? said Kelvin Davies, professor at the USC Davis School of Gerontology. ?They adapt by changing their gene expression which means that they start making more of some proteins and less of others.?

Scientists believe Lon protease protects mitochondria, organelles that transform oxygen to energy. With the decrease of Lon production, mitochondria function starts to deteriorate. Older cells don?t have that same ability to adapt to environments that cause damage, however, so they ultimately die.

?What we think is going on is that this is part of a normal, adaptive response that all cells have,? explained Davies.

Davies? research shows that as people age they are less able to cope with stresses ranging from physical, such as chronic illness, to psychological, such as Alzheimer?s.

In Alzheimer?s the process of Lon protease can be compared to soldiers in a war. Oxidants are warded off or endured because of the mobilized Lon. Older cells, however, take longer to produce Lon in experiments.? The longer it takes cells to mobilize Lon, the more a cell has to cope with oxidation which eventually kills it.

?If you disable Lon protease, if you genetically modify [Lon protease] or if you decrease the rate of a cells? production of Lon protease, the cells are particularly sensitive to oxidation stress and typically die,? said Davies.

Davies? findings can help scientists to better understand the aging process and in the future could direct medicine to new diets and drugs that improve the quality of life. Researchers could potentially find treatments that would increase the productivity and function of Lon protease. No current treatment, including much-advertised, over-the-counter supplements that contain enzymes, is capable of increasing Lon productivity, according to Davies.

He is also cautious about exaggerating the research.

?We understand very little about the aging process,? said Davies. Scientists first need to understand better what changes in aging and what contributes to the aging process, and understand that current research is not going to provide an immediate remedy for chronic, age-related diseases.

Davies says current treatments aren?t promising and notes that the future for Alzheimer?s patients looks bleak.

?Unless somebody comes up with something for Alzheimer?s then we?re going to need an awful lot of care facilities because people are just not able to cope in their own homes all the way through the disease,? said Davies.

Health care dollars will go to these new facilities for chronic care where a patient may sometimes spend years. And, for those who rely on programs like Medicaid, care and equipment winds up being an expensive taxpayer burden.

?It?s not their fault, but we need to do something about coping with that,? argued Davies.

Organizations like the Department of Aging are concerned about rising numbers of chronic illnesses, especially in light of the U.S. Census Bureau?s newly released numbers which show a record 46.2 million Americans?1 out of every 6 people?are living in poverty today. ?The only word for it is grim,? said Robert Greenstein, president of the Center on Budget and Policy Priorities, in a September report.

Los Angeles? Department of Aging is particularly focused on ?low income, socially isolated? senior citizens who require more assistance, according to Laura Trejo, general manager of the Los Angeles Department of Aging.

?We are keeping a watchful eye so people are not falling through the cracks,? said Trejo. The organization provides support to senior citizens and disabled individuals that include transportation, especially for disabled citizens, and a daily nutritious meal for senior citizens who are disadvantaged.

As more people find themselves out of work and facing poverty, the City of Los Angeles could see an increase in residents who seek public services of which plenty have been cut due to budget woes. Los Angeles? Department of Recreation and Parks which provides senior citizens with centers has lost two sites, said Carolyn James, principal recreation supervisor. Park services for the elderly keep individuals, especially more independent seniors, engaged. They give seniors a place to gather and hold events?to socialize. In Los Angeles and throughout the state, budget cuts have threatened public programs such as these.

The Department of Aging has fared better, but they, too, ?have been impacted in loss of city resources,? according to Trejo. The organization?s budget is made up of federal and state grant funding from the Older Americans Act, the Older Californians Act, and the Medi-Cal program.

For the first time since WWII, nearly 1 in 5 young adults are at risk for living in poverty. This number is the highest jobless rate for young adults since WWII.

It could also have larger implications as people move back in with their parents or grandparents suddenly find themselves contributing to their children and grandchildren?s households. According to experts these seniors often contribute their social security and pensions to their children and grandchildren.

With city services already stretched to the limit, the private sector sometimes offers a better alternative in terms of quality.

?The private sector has managed to help,? said Phoebe Liebig, associate professor of Gerontology at the USC Davis School of Gerontology. Liebig notes private services, financed and run by businesses or religious groups, which include care facilities and programs for senior citizens.

MCL Medical, a company that supplies several for-profit facilities with adult diapers and nutrition formulas for elderly patients, has had to navigate governmental bureaucracy that pervades the Medi-Cal program.

?Not only does Medi-Cal not pay providers but they do not provide patients with adequate services,? said Ofer Elkayam, president of MCL Medical. ?They use subpar adult diapers, for example, which often lead to bed sores when they aren?t changed frequently enough.?

Elkayam has worked with senior citizens in some capacity for more than two decades.

?You cannot ever forget that you are dealing with people,? he said. ?It could be our parents, it could be us there.?

At Carmel Board and Care Elkayam?s wife, Edva, oversees eight privately run health facilities in the San Fernando Valley, each house boasting three full-time caregivers for every six patients.

?Families of our patients want peace of mind and we give it to them,? said Edva Elkayam. ?Always you let your patients feel that you understand them.?

The nursing facilities under the Carmel umbrella offer a private trainer specialized for the elderly, gourmet-style meals and regular activities designed to keep patients engaged. Unlike most facilities, Carmel doesn?t keep to a visiting hours schedule but instead implements an open-door policy so family members can visit loved ones at any reasonable hour.

Patients like Lulu are happy here and are loved by the staff.

?Did you meet my Lulu?? Florence Ormilla, a house manager for one of Carmel?s homes in Woodland Hills, asked me.

Ormilla is responsible for everything from administering medication to making sure patients, who she likens to her grandparents, aren?t bored.

?I left the Philippines?but found my inner peace and contentment that I?m doing my part,? said Ormilla. ?I am their granddaughter now, I take care of them.?

Health care facilities are filled with many well-intentioned individuals, but many lack these same resources. Whereas Lulu has constant engagement, those individuals living in poorer quality facilities?including some public nursing centers?face poorer care and less one-on-one interaction.

Although it is impossible to know how bad it is, several reports document that at least one in ten patients have reportedly been abused in nursing institutions. Most crimes go undetected, according to the national Center on Elder Abuse.

Mistreatment of elders can range from physical and sexual abuse to psychological harm and abandonment.

In 2008 a five star rating system was adopted by President George W. Bush to help evaluate cost of treatment as well as to bring scrutiny to failing facilities.

But not everyone has saved for retirement or is able to afford best treatment. And many who have paid into individual retirement arrangements have also lost funds with the recent market downturn.

Some experts say current programs, like Social Security and MediCare, will have to play a big part in the solution even though they may need some reform.

?Yes, there will be shortfalls,? said Villa, ?but we can do things to change this.?

Others are less optimistic about the future of social security. When social security was introduced by FDR there were 163 people working for every one person receiving it. By 1950 there were about 15.3 people working for every recipient. Within the next 15 years there will be two people working for every recipient. In 1940, when the average life expectancy was 60 years of age, the retirement age was set at 65. Today the average life expectancy is about 82 and the retirement age is still 65. The current system is not sustainable (But see).

?There?s a larger population that is going to have to rely on social security with fewer people paying into that system,? said Lincoln. ?You?re going to have this huge population of people who are receiving the benefits and fewer people paying into it,? said Lincoln. ?That?s just a recipe for disaster. I?m not sure how we can sustain this system.?

It isn?t just the poor who rely on social security because people from all segments of society collect their benefits?but with a limited pool the funds are not indefinite.

?I?m not sure what we can do for those who are retiring now, but certainly we need to begin to think about how to prepare people for retirement,? explained Lincoln.

One method could combine social security with other types of funds, while at the same time educating people about retirement. Experts agree social security just won?t be enough, especially with more people taking advantage of the program.

Given a choice most people?understandably?prefer to age in their own homes. Eventually, however, the best intentioned of families may need to place a mother, father or grandparent in care. It isn?t an easy decision either emotionally or financially. The care, after all, is costly?in excess of $3,500 a month at the best of facilities. Insurance typically only covers a portion of that. It?s unclear how our society will cope with changing aging demographics, especially in light of current economic turmoil the nation faces. What is clear is that conversations about aging need to take place so that people are aware of the limitations of social security and city services. Reports indicate that Americans save less and spend more?ultimately it will be this that will create a perfect storm as people live even longer and find that they need to rely on flawed, untenable programs.

Images by author.

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Tuesday, January 17, 2012

Syria 'absolutely rejects' calls for Arab troops

A freed Syrian prisoner, left, hugs his relative, right, after being released from Adra Prison on the northeast outskirts of Damascus, Syria, on Monday Jan. 16, 2012. Syria's state news agency SANA said on Sunday President Bashar Assad has granted a general amnesty for crimes committed during the unrest of the past 10-months. SANA said the amnesty issued Sunday covers those who have peacefully demonstrated, those who have carried unlicensed weapons and those who hand over their weapons to authorities before the end of January. (AP Photo/Muzaffar Salman)

A freed Syrian prisoner, left, hugs his relative, right, after being released from Adra Prison on the northeast outskirts of Damascus, Syria, on Monday Jan. 16, 2012. Syria's state news agency SANA said on Sunday President Bashar Assad has granted a general amnesty for crimes committed during the unrest of the past 10-months. SANA said the amnesty issued Sunday covers those who have peacefully demonstrated, those who have carried unlicensed weapons and those who hand over their weapons to authorities before the end of January. (AP Photo/Muzaffar Salman)

(AP) ? Syria "absolutely rejects" any plans to send Arab troops into the country, the Foreign Ministry said Tuesday, even as the death toll mounts from 10 months of violent conflict.

Thousands of people have been killed in the regime's crackdown on the anti-Assad revolt, which has turned increasingly militarized in recent months with a growing risk of civil war. The U.N. says about 400 people have been killed in the last three weeks, on top of an earlier estimate of more than 5,000 killed since March.

The leader of Qatar, Sheik Hamad bin Khalifa Al Thani, was quoted Sunday as saying Arab troops should be sent to Syria to stop the deadly violence ? the first statements by an Arab leader calling for the deployment of troops inside Syria.

Qatar, which once had close relations with Damascus, has been a harsh critic of President Bashar Assad's crackdown. The wealthy Gulf state withdrew its ambassador to Syria in the summer to protest the killings. Since the Arab Spring began more than a year ago, Qatar has taken an aggressive role, raising its influence in the region.

"The Syrian people reject any foreign intervention in its affairs, under any title, and would confront any attempt to infringe upon Syria's sovereignty and the integrity of its territories," the Foreign Ministry said in a statement.

The government says terrorists are behind the uprising ? not reform-seekers ? and that armed gangs are acting out a foreign conspiracy to destabilize the country.

Syria's state media, SANA, said Tuesday that an "armed terrorist group" launched rocket-propelled grenades at an army checkpoint late Monday, killing an officer and five army personnel about 6 miles (9 kilometers) southwest of Damascus.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-01-17-ML-Syria/id-49b1c3d474a647b8944e2d3002d3a678

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Monday, January 16, 2012

84-year-old Thai king treated for abdominal pain (AP)

BANGKOK ? Thailand's 84-year-old king has been treated with intravenous antibiotics after experiencing abdominal pain.

The Royal Household Bureau says in a statement that King Bhumipol Adulyadej "experienced some indigestion" Saturday and was breathing faster than normal.

The statement says that doctors detected pain in his lower left abdomen and that an X-ray showed a digestive condition common in older people, known as diverticulitis. After injecting antibiotics, the king's breathing returned to normal Sunday and he was able to eat "easily digestible food."

Bhumipol entered Bangkok's Siriraj Hospital in September 2009 with a lung inflammation and has stayed there ever since. The palace has said he is getting physical therapy and nourishment to recover his strength.

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/ap/20120115/ap_on_re_as/as_thailand_king_s_health

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Kia UVO2 is your Korean big brother, we go hands-on

Kia's first entry into the infotainment realm had a slightly rocky start, but the Korean automaker is back at CES this year with UVO2, its second-generation in-dash telematics and connectivity platform.

The big features in UVO2 include automatic crash notification, incorporated road-side assistance, service reminders and a brace of new vehicle tracking and geo-fencing features to make sure your teens don't stray too far, go too fast or stay out too late. Partner all that with an updated iPhone app that keeps track of maintenance and includes a vehicle finder that uses AR to find your ride, and it's a comprehensive update. But for now, Kia isn't saying exactly when UVO2 is hitting the market and how much the system will cost when it arrives. Get a taste of the new system in the hands-on after the break.

Continue reading Kia UVO2 is your Korean big brother, we go hands-on

Kia UVO2 is your Korean big brother, we go hands-on originally appeared on Engadget on Sun, 15 Jan 2012 04:10:00 EDT. Please see our terms for use of feeds.

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Saturday, January 14, 2012

Evangelical leaders back Santorum

A major push by social conservatives involves 150 evangelical leaders uniting behind one of Mitt Romney's rivals to stop him from running away with the nomination. NBC's Peter Alexander reports.

By Reuters

Influential evangelical Christian leaders on Saturday endorsed Rick Santorum for the Republican U.S. presidential nomination, in an attempt to strengthen him as the more conservative alternative to front-runner Mitt Romney.

At a weekend meeting at a ranch outside Houston, the group of 150 conservatives agreed on the third ballot to support the former Pennsylvania senator.

They had not been expected to reach agreement on one candidate since evangelical support was splintered among Santorum, former U.S. House of Representatives Speaker Newt Gingrich and Texas Governor Rick Perry.

"What I did not think was possible appears to be possible," said Tony Perkins, leader of the Family Research Council and spokesman for the group.

Perkins described a "vigorous and passionate" discussion about who would make the best president and said eventually people made concessions to their views in order to coalesce around one candidate.

Conservatives are desperate to find a viable alternative to Romney, who won the first two nomination contests in Iowa and New Hampshire and now leads the polls in South Carolina, which holds its Republican primary on Jan. 21.

In the 2008 election, about 60 percent of the voters in South Carolina described themselves as evangelical Christians. Santorum is a Catholic and father of seven who strongly opposes abortion and gay rights.

Despite Romney's front-runner status, many conservatives mistrust him because of his record in relatively liberal Massachusetts, where he once supported abortion rights.

"Not a lot of time was spent on Mitt Romney. It was more about the positive. How to get America back on the right road. How to get America great again," Perkins said.

As the South Carolina primary looms, 2012 GOP presidential candidates hope to gain the backing evangelical voters. NBC's Kelly O'Donnell reports.

Perkins said the group debated and prayed over who to pick but in the end chose the person they believed had the best social conservative and economic policies and was most likely to defeat Democratic President Barack Obama in the Nov. 6 election.

Santorum's nearest rival was the twice-divorced Gingrich.

Gingrich's campaign has begun airing TV ads in South Carolina that call Romney "pro-abortion," and say that Romney - who says he now opposes the procedure - cannot be trusted to be reliably anti-abortion. In response, Romney began running a radio ad touting his anti-abortion views.

Perkins said all factors were taken into account at the Texas meeting and said that Romney's Mormon religion "wasn't even discussed."

Copyright 2011 Thomson Reuters. Click for restrictions.

Source: http://nbcpolitics.msnbc.msn.com/_news/2012/01/14/10157220-evangelical-leaders-back-santorum

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Video: First Lady responds to ?angry black woman? characterizations

See a national park for free this weekend

The National Park Service (NPS) is putting out the welcome mat. In an effort to introduce more people to America?s national parks ? and to commemorate Martin Luther King, Jr. ? NPS is waiving admission fees at parks that typically charge them Jan. 14?16.

Source: http://www.msnbc.msn.com/id/3036697/vp/45963668#45963668

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Friday, January 13, 2012

Can SOPA/PIPA be used to shut down the Vatican? (Americablog)

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

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Indiana police seek man who stole squad car (Reuters)

INDIANAPOLIS (Reuters) ? An Indiana man who managed to steal a squad car while handcuffed remained at large on Thursday, two days after he was pulled over and a day after the car was found, police said.

William Blankenship, 22, stole a Kouts Police Department squad car after a traffic arrest on Tuesday, police allege. Blankenship had been pulled over for speeding, and police reported seeing drug paraphernalia in his car.

The suspect was handcuffed and put in the back of the squad car while an officer checked his vehicle. Blankenship then took off with the squad car, which was found in a retention pond Wednesday, police say.

"We recovered the car and the weapons in it, so now it will just be trying to find him," said Porter County Sheriff's Department Sgt. Larry LaFlower. LaFlower said he didn't know if Blankenship was still in the area.

LaFlower said he expects Kouts police to file charges against Blankenship. A representative for the Kouts police was not immediately available for comment.

(Reporting by Susan Guyett; Editing by Mary Wisniewski and Daniel Trotta)

Source: http://us.rd.yahoo.com/dailynews/rss/crime/*http%3A//news.yahoo.com/s/nm/20120112/us_nm/us_crime_escapee_indiana

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Thursday, January 12, 2012

Video: Is the GOP ruining its chances at the presidency?

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Source: http://www.msnbc.msn.com/id/3036697/vp/45963540#45963540

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Chip_Chick: Ion?s Guitar Apprentice Lets You Gets Hendrix?s Moves via an iPad http://t.co/XrdVNKfb

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Wednesday, January 11, 2012

Their View: Long-awaited movie remake rides into New Mexico

The Lone Ranger is galloping into New Mexico and he just can't get here quickly enough. He'll bring Johnny Depp who will portray his Native American sidekick, Tonto. One might wonder why they couldn't have found a Native American to play Tonto, but that is an argument for another day. Johnny Depp is a hugely gifted actor of unlimited character versatility. I was disappointed he passed on the Christmas season blockbuster I attended, "The Chipmunks Chipwrecked." Depp reportedly took a 20 per cent salary cut to star in "The Lone Ranger," and that is good. We all have to sacrifice in these tough times.

Many of us first saw "The Lone Ranger" in the 40s where we went to a theater maybe called The Globe, paid nine cents to get in, saw two movies, a newsreel, and a bunch of cartoons. Mom gave us an extra nickel to munch on Necco Wafers.

The movie is based on a masked fictional ex-Texas Ranger who trots around the Old West fighting injustice, Tonto always at his side. Well, bring it on! We've got plenty of injustice to battle in New Mexico, and I am not just referring to the rip-off retirement plan our legislators granted themselves in one of those rare moments of political greed.

There is another reason we should all shout "Hi-yo Silver! Away! " to the filming of "The Lone Ranger" in our Land of Enchantment. Previous New Mexico cowboy shoot 'em ups haven't all been cinematic classics. One in particular, The "Righteous and the Wicked," was so bad as to be funny from beginning

to closing credits. Check this one out on at your local Redbox, sit back and enjoy.

Some Westerns are designed to be funny. Remember Mel Brooks' "Blazing Saddles?" This was generally a guy flick mostly remembered for its flatulence humor appealing to us guys who go through a certain juvenile stage generally ending when we turn 87. No guarantees.

Righteous, though, sets out to be serious but turns out to be seriously funny. It was written and directed by Albuquerque native Craig Butler and most likely populated by New Mexican extras and, for all I know, maybe the leading characters as well. At any rate, Righteous is "ours" which puts the local critic in the same boat with the local small town sports editor whose high school football team, the Dragons, keeps going 1 for 8 every season.

"Despite a valiant defensive effort, the Dragons were edged 72-0 by the determined visiting Warriors in a Friday night showdown," he writes.

Truth is, the Dragons are horrible, and so is "The Righteous and The Wicked." None of the Roger Eberts of the world reviewed this one, but just about all of the hundreds of amateur reviews totaled a half star out of five.

Casting is a mystery. Check out the leader of the gang of misfits. He looks and talks more like your local bank loan officer. It's kind of like casting Woody Allen in a western and having him walk around the set calling people "pilgrim."

It may or not be righteous that this movie and "The Lone Ranger" get state taxpayer incentives. Some say that is a good program, others bristle at the idea. As for me, I'm worried about Johnny Depp. With that 20 per cent salary cut, the poor guy will likely be looking at New Mexico's food stamp program.

Look at me, playing movie critic. I'm not smart enough write and direct a movie. If I did it would be based on the life story of the community nerd. I'm thinking George Clooney for the title role.

Ned Cantwell's ? ncantwell@bajabb.com ? promising acting career hit a wall when a talented community theater director we will call "Ellen" cast him as a serious Roman soldier in The Robe and did not fully appreciate his comedic interpretation.

Source: http://www.scsun-news.com/ci_19701857?source=rss_viewed

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Tuesday, January 10, 2012

OSUAthletics: Most NCAA all-time dual wins after #OKState's win at No. 1 Iowa... @CowboyWrestling: 1,012-113-23; Iowa State: 1,012-281-20.

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The Firm Star Josh Lucas Is Engaged! (omg!)

The Firm Star Josh Lucas Is Engaged!

Yet another celeb who put a ring on it!

Josh Lucas is engaged! The 40-year-old actor, who stars in NBC's upcoming drama The Firm, confirmed Friday night on The Tonight Show with Jay Leno that he was getting married.

PHOTOS: Stars who got engaged in 2011

While Lucas kept the details sparse (he won't reveal his fiancee's name!) he did say that an encounter with a mountain lion while staying at an "eco retreat" was what made him realize she was "the one."

PHOTOS: Celebs show off their engagement bling

"I hear, totally serious, two big breaths, and six feet above me, I see the very slight glint of the eyes of a huge [mountain lion] and I literally proceed to do what I had just read in the instructions," he explained. "And I started screaming and yelling and literally being as crazy as I could be, it padded off and just slowly went away and I worked my way into the trailer and I got in and I decided at that moment that this woman was the woman for me."

PHOTOS: Shirtless hunks

Romantically, Lucas has been linked to actresses Salma Hayek, Connie Nielson, Alexa Davalos and model Liliana Dominguez.

Get more Us! Follow us on Twitter, Friend us on Facebook, Subscribe to Us Weekly

Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//us.rd.yahoo.com/dailynews/external/omg_rss/rss_omg_en/news_firm_star_josh_lucas_engaged193721956/44106834/*http%3A//omg.yahoo.com/news/firm-star-josh-lucas-engaged-193721956.html

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Monday, January 9, 2012

British PM backs shareholder curbs on big bonuses (AP)

LONDON ? Britain's government is looking to introduce laws that grant company shareholders the power to veto executive pay packages, Prime Minister David Cameron said Sunday, in a bid to address public anger at many bosses' lavish salaries and bonuses.

Cameron blamed what he called the "merry-go-round" in which a small group of boardroom directors approve each other's excessive packages to the detriment of their own companies.

He said he was aware that most people are furious that some top executives have received huge remuneration, despite their firms not improving their performances.

"Big rewards when people fail make people's blood boil," Cameron told the BBC in an interview.

He added that laws to regulate high pay in banks are likely to be proposed in the next few months. There were no details on how the new arrangements would work, but they could form part of a reform package being prepared by Business Secretary Vince Cable. Currently, company shareholders can only show their disapproval through an advisory vote.

The leaders of all three major parties in Britain have attacked the excessive bonuses in recent days, amid continuing public discontent over the issue as the nation's fragile economy struggles to cope with rising unemployment, weak domestic growth and the debt crisis in continental Europe. The Bank of England has forecast little or no growth over the next few quarters.

Taxpayers rescued the Royal Bank of Scotland and Lloyds Banking Group during the credit crisis and continue to hold significant stakes in both banks, which has made the seven- and eight-figure bonuses pocketed by some bankers a sensitive political issue.

Last year, Cameron said it was "unacceptable" that RBS was setting aside more than half a billion pounds ($785 million) for bonuses.

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20120108/ap_on_bi_ge/eu_britain_bosses__pay

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When ?Find My iPhone? Becomes An Adventure

Screen Shot 2012-01-06 at 5.07.44 PMTechCrunch reader Nikos Kakavoulis sent us the following amazing story earlier this week ... The Daily Secret founder used Find My iPhone to catch an naive iPhone "thief" -- turning on the Play Sound feature in Starbucks in order to locate his lost phone inside the person who had found (and kept) his phone's pockets.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/7FzJH8m0iBw/

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Sunday, January 8, 2012

Microsoft Corporation PRE-ORDER Xbox 360 4GB Console

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    Fitness Equipment , Individual Sports , Indoor Games , Outdoors , Team Sports
  • Toys


    Action Figures , Building & Construction , Dolls , Stuffed Toys , Cars, Trains & Planes , Games & Puzzles , Hobbies & Crafts , Educational Toys , Radio Control Vehicles , Electronic, Battery, Wind-Up Toys , Role Play & Costumes
  • Travel


    Flights , Hotels , Car Rentals , Travel Deals , Luggage , Maps , Safety
  • Video Games


    Consoles , Accessories , Game Boy , Game Cube , Xbox , Mac Games , PlayStation Portable , Wii , PlayStation 3 , Game Boy Advance , Game Boy Color , Nintendo DS , PlayStation 2 , Xbox 360 , PlayStation , PC Games
  • Deals & Coupons


    Computer Deals , Electronics Deals , Travel Deals , Gifts & Cards , Flowers & Plants , Home & Garden Deals
  • Event Tickets

  • Credit Card

  • Adult


    Costumes & Lingerie , DVDs & Films , Books & Magazines , Sex Toys & Accessories
  • Others


Source: http://xml.nextag.com/goto.jsp?p=2828&search=&syndctx=AQAYW_e3IXQnnDA32scEWBCrBgPq9jBrIZk6PdiFEgkDsg~~&url=/Microsoft-Corporation-PRE-ORDER-764788942/prices-html

richard cordray shannon de lima joe torre dog the bounty hunter michele bachmann west virginia university amber rose