Saturday, December 31, 2011

Community theater starts writing, performance classes

The Greater Grand Forks Community Theatre is offering theater workshops for adults and children in playwriting and performance, all in a safe, nonjudgmental environment, a news release said.

There will be scene-study classes for ages 11 and older, playwriting for ages 11 to 17, and even a special workshop for grandmothers, mothers and daughters called ?Broads on the Boards.?

In ?Broads on the Boards, funded by Community Foundation of Grand Forks, East Grand Forks and Region Women?s Fund, participants will take an interesting life story, write it as a monologue, and then perform it for a live audience on March 8.

Children of military men and women who have been deployed will have the chance to tell their stories on stage in ?Deployed.? In a Native American Folk Stage workshop, American Indian children will take cultural stories and bring them to life on stage. This workshop is a partnership with the North Star Council and partially funded by EcoLab. (?Broads on the Boards,? ?Deployed,? and ?Native American Folk Stages? are free workshops, limited to the first 15 people who sign up.)

In Creative Play, adults will have a chance to explore various creative outlets in a four-week workshop with acting games, dance, journaling exercises and creating a ?vision board.? Participants are encouraged to bring a notebook, a mug and their imagination.

On the Web: Dates, times, and costs can all be found at www.ggfct.com. Early registration is recommended. You can email info@ggfct.com to save you a spot.

Tags: greater grand forks community theatre,?gf and egf,?entertainment,?updates

Source: http://www.grandforksherald.com/event/article/id/225209/

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Shooting Challenge: Long Party Exposures [Video]

New Year's Eve is this weekend, meaning that most of us are attending parties. For this week's Shooting Challenge, I want you to capture that party...in a really long exposure. 15 seconds to 30 minutes. More »


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Exclusive: U.S. mulls transfer of senior Taliban prisoner (Reuters)

WASHINGTON (Reuters) ? The Obama administration is considering transferring to Afghan custody a senior Taliban official suspected of major human rights abuses as part of a long-shot bid to improve the prospects of a peace deal in Afghanistan, Reuters has learned.

The potential hand-over of Mohammed Fazl, a 'high-risk detainee' held at the Guantanamo Bay military prison since early 2002, has set off alarms on Capitol Hill and among some U.S. intelligence officials.

As a senior commander of the Taliban army, Fazl is alleged to be responsible for the killing of thousands of Afghanistan's minority Shi'ite Muslims between 1998 and 2001.

According to U.S. military documents made public by WikiLeaks, he was also on the scene of a November 2001 prison riot that killed CIA operative Johnny Micheal Spann, the first American who died in combat in the Afghan war. There is no evidence, however, that Fazl played any direct role in Spann's death.

Senior U.S. officials have said their 10-month-long effort to set up substantive negotiations between the weak government of Afghan President Hamid Karzai and the Taliban has reached a make-or-break moment. Reuters reported earlier this month that they are proposing an exchange of "confidence-building measures," including the transfer of five detainees from Guantanamo and the establishment of a Taliban office outside of Afghanistan.

Now Reuters has learned from U.S. government sources the identity of one of the five detainees in question.

The detainees, the officials emphasized, would not be set free, but remain in some sort of further custody. It is unclear precisely what conditions they would be held under.

In response to inquiries by Reuters, a senior administration official said that the release of Fazl and four other Taliban members had been requested by the Afghan government and Taliban representatives as far back as 2005.

The debate surrounding the White House's consideration of high-profile prisoners such as Fazl illustrates the delicate course it must tread both at home and abroad as it seeks to move the nascent peace process ahead.

One U.S. intelligence official said there had been intense bipartisan opposition in Congress to the proposed transfer.

"I can tell you that the hair on the back of my neck went up when they walked in with this a month ago, and there's been very, very strong letters fired off to the administration," the official said on condition of anonymity.

The senior administration official confirmed that the White House has received letters from lawmakers on the issue. "We will not characterize classified Congressional correspondence, but what is clear is the President's order to us to continue to discuss these important matters with Congress," the official said.

Even supporters of a controversial deal with the Taliban - a fundamentalist group that refers to Americans as infidels and which is still killing U.S., NATO and Afghan soldiers on the battlefield - say the odds of striking an accord are slim.

Critics of Obama's peace initiative remain deeply skeptical of the Taliban's willingness to negotiate, given that the West's intent to pull out most troops after 2014 could give insurgents a chance to reclaim lost territory or push the weak Kabul government toward collapse.

The politically charged nature of the initiative was on display this month when the Karzai government angrily recalled its ambassador from Doha and complained Kabul was being cut out of U.S.-led efforts to establish a Taliban office in Qatar.

U.S. officials appear to have smoothed things over with Karzai since then. Karzai's High Peace Council is signaling it would accept a liaison office for the Taliban office in Qatar - but also warning foreign powers that they cannot keep the Afghan government on the margins.

The detainee transfer may be even more politically explosive for the White House. In discussing the proposal, U.S. officials have stressed the move would be a 'national decision' made in consultation with the U.S. Congress.

Obama is expected to soon sign into law a defense authorization bill whose provisions would broaden the military's power over terrorist detainees and require the Pentagon to certify in most cases that certain security conditions will be met before Guantanamo prisoners can be sent home.

The mere idea of such a transfer is already raising hackles on Capitol Hill, where one key senator last week cautioned the administration against negotiating with "terrorists."

Senator Saxby Chambliss, the top Republican on the Senate Intelligence Committee, said such detainees would "likely continue to pose a threat to the United States" even once they were transferred.

POTENTIAL MAELSTROM

In February, the Afghan High Peace Council named a half-dozen it wanted released as a goodwill gesture. The list included Fazl; senior Taliban military commander Noorullah Noori; former deputy intelligence minister Abdul Haq Wasiq; and Khairullah Khairkhwa, a former interior minister.

All but Khairkhwa were sent to Guantanamo on January 11, 2002, according to the military documents, meaning they were among the first prisoners sent there.

Bruce Riedel, a former CIA and White House official, said Fazl was alleged to have been involved in 'very ugly' violence against Shi'ites, including members of the Hazara ethnic minority, beginning in the late 1990s, and the deaths of Iranian diplomats and journalists at the Iranian consulate in the northern Afghan city of Mazar-i-Sharif in 1998.

Michael Semple, a former UN official with more than two decades of experience in Afghanistan, said Fazl commanded thousands of Taliban soldiers at a time when its army carried out massacres of Shi'ites. "If you're head of an army that carries out a massacre, even if you're not actually there, you are implicated by virtue of command and control responsibility," he said.

He added: "However it does not serve the interests of justice selectively to hold Taliban to account, while so many other figures accused of past crimes are happily reintegrated in Kabul."

Some U.S. military documents - select documents have been released, others were leaked - indicate that Fazl denied being a senior Taliban official and says he only commanded 50 or 60 men. But the overall picture of his role is unclear from the documents which have become public.

Richard Kammen is an Indiana lawyer who has nominally represented Fazl; the detainee did not want an attorney.

"Based upon the public information with which I'm familiar, it would appear his role in things back in 2001 has been significantly exaggerated by the government," Kammen said.

According to the documents, Fazl and Noori surrendered to Abdul Rashid Dostum, now Afghanistan's army chief of staff but at the time a powerful warlord battling against the Taliban, in northern Afghanistan in November 2001.

While the men were being held at the historic Qala-i-Jani fortress in Mazar-i-Sharif, Taliban prisoners revolted against their captors from the Northern Alliance, the anti-Taliban coalition.

"Dostum brought (Fazl and Noori) to the bunker to ask the prisoners to surrender; detainee and (Noori) refused," the detainee assessment from a 2008 document read.

Spann, a one-time Marine captain who was sent to Afghanistan as a CIA operative in the fall of 2001, was trying to locate al Qaeda operatives at the Mazar fortress among a large group of Taliban soldiers who had surrendered, according to the CIA and media reports at the time. When the Taliban prisoners began to riot - many of them were apparently armed - Spann was surrounded and killed. After a bloody, multi-day battle his body was later found booby-trapped.

Even a loose association between Fazl and Spann's death - despite the fact there is nothing to suggest he was directly involved - is likely to increase the temperature of the debate in Washington.

What could be problematic for some Afghans is Fazl's identification with the killing of civilians in central and northern Afghanistan.

"The composition and timing of any release has got to pay attention to Northern Alliance concerns," Semple said.

Buy-in from supporters of that alliance - and from those wary of a resurgent Taliban - will be key in making a peace deal stick, if one can be had.

Despite the congressional concerns that released Taliban will return to the battlefield, Semple said it was unlikely even prisoners like Fazl - who truly was a significant military figure for the Taliban - would alter that equation.

"These people are not going to make a real contribution to the Taliban war effort even if they are able to go over to Quetta and rejoin the fight. It's not risky in battlefield terms; it's only risky in U.S. political terms."

(Additional reporting by Tabassum Zakaria, Patrick Worsnip and Jane Sutton; editing by Claudia Parsons)

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/nm/20111230/wl_nm/us_usa_afghanistan_detainees

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Friday, December 30, 2011

Argentine leader's cancer forces her to delegate

(AP)? BUENOS AIRES, Argentina ? Argentina's president cracked jokes and sounded optimistic Wednesday after her thyroid cancer diagnosis was announced, but she's clearly struggling with the need to delegate power while she recovers from next week's surgery.

Cristina Fernandez's thyroid removal operation, scheduled for Jan. 4, is expected to be as routine as cancer surgery can be. Doctors predict a speedy recovery, since papillary thyroid carcinoma detected before it spreads is highly curable without chemotherapy.

Still, the idea of leaving her vice president in charge for 20 days appears to pose a daunting challenge for Fernandez, who has never been comfortable delegating.

She praised her constitutional successor, former Economy Minister Amado Boudou, for sharing her political ideas, but jokingly warned him to "be careful what you do" as interim president and made clear that she'll be keeping a close watch on things while recovering at her home in Patagonia.

"The truth is that I ? everything is too much. You can't be in charge of everything," Fernandez acknowledged. "The body can't handle it."

Indeed. Despite the doctors' assurances, simply combining the words "cancer" and "Cristina" had Argentines worried about the mortality of a leader who has been virtually alone at the top. Even before the death of her husband, Nestor Kirchner, of a heart attack last year, she had grown accustomed to ruling through emergency decrees after consulting only a small circle of loyal advisers.

"It affects me deeply," said Cecilia Maldonado, a young office worker in downtown Buenos Aires. "Because if you begin to think about her having to leave the presidency, or something happening to her ... there isn't anybody who could replace all the energy that she's put into raising up this government."

Fernandez and Kirchner were Argentina's ultimate power couple, whose fervent supporters say they've done more for the country during their combined two terms in office than anyone since legendary strongman Juan Domingo Peron and his wife, Evita, used the country's post-World War II riches to move a generation of working people into the middle class.

Fernandez, 58, dispelled doubts about her survival skills after Kirchner's death and won re-election by a landslide in October, in part because voters saw the grieving widow as indomitable ? the only one capable of containing Argentina's social pressures and keeping on track the economy, which grew at more than 9 percent this year.

Argentina has come back strong from its disastrous devaluation and debt default a decade ago, reducing poverty, unemployment and the wealth gap, and directing billions of dollars in revenue to the poor through social programs. But many worry that such achievements could disappear when Fernandez leaves office.

"Just when it seems like we're getting a little better," complained Maldonado, reacting to the news. "Ten years ago, I lived through 2001, and I really suffered. ... Only now can you see things improving, and plan for the future."

The cancer diagnosis worries Argentines precisely "because it's a one-person government ... where only the president makes decisions," said Mariel Fornoni, director of the Management & Fit consulting firm. "That's why there's so much doubt about what might happen."

Still, Fornoni said, it's clear that the president's planned medical leave is irrelevant, and that no real decision will be made without consulting her.

Fernandez spoke of her cancer diagnosis as she announced new revenue transfers to provincial governments, seeking to project an image of normalcy. Several of the gathered governors and ministers who gave her an extended standing ovation said they were relieved to see her in good spirits and fully in command.

"She seems optimistic, making jokes. Clearly she's not going to let anything slow her down these next four years," said Jorge Capitanich, governor of the northern state of Chaco.

Just behind her during her speech was an architect's rendering of an image of Evita Peron that now towers over the widest avenue in Buenos Aires. Comparisons weren't lost on Argentines, who learn as children that Evita died in 1951 because she neglected her own health while caring for the poor, letting uterine cancer spread until it was incurable.

The president's doctors said Fernandez was told of her cancer on Dec. 22, the same day that her newly inaugurated Senate majority, racing to approve new laws ahead of its summer recess, significantly increased several executive powers.

And while Fernandez talked of delegating on Wednesday, she reversed herself practically in the same breath.

"We're going to keep going with the same energy we've always had. We need to face things as we've always done, taking charge of everything that's our responsibility, and everything else as well," she said. "I'm going to keep working the same as always, for Argentina, for nothing other than her, and for all the Argentines."

___

Associated Press writer Almudena Calatrava in Buenos Aires contributed to this report.

Source: http://feeds.cbsnews.com/~r/CBSNewsGamecore/~3/yThs1EMUqIQ/

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Euro weakens broadly; S&P 500 erases 2011 gains (Reuters)

NEW YORK (Reuters) ? The euro weakened about 1 percent against the dollar and the yen on Wednesday, one day before an important auction of long-dated Italian debt, while U.S. stocks slid more than 1 percent on concerns about the economy in early 2012.

The European single currency hit a fresh 11-month low against the dollar of $1.291 and a 10-year low against the yen as data showed banks were hoarding the cash recently injected by the European Central Bank rather than lending it out - a bad omen for the European economy in 2012.

"If European banks are still this concerned, it's not a good sign," said Karl Schamotta, senior markets strategist with Western Union Business Solutions. "That underlines the possibility that this liquidity crunch is getting worse and will continue into the new year.

A strong sale of short-term bonds by Italy Wednesday morning initially brought some relief to European markets, but concerns about Thursday's more challenging auction eventually contributed to the weakness of the euro.

U.S. stock indexes fell more than 1 percent in thin trading as investors feared what many expect to be a tough start to the year. The broad S&P 500 index erased its 2011 gains after just turning positive in last week's rally.

"It seems like the weakness in euro, breaking that $1.30 level, really made investors push that 'sell' button," said Ryan Detrick, senior technical strategist with Schaeffer's Investment Research in Cincinnati, Ohio.

"But it's somewhat of an exaggerated move, considering that there isn't much volume, and this could end in a one-day selloff."

The Dow Jones industrial average (.DJI) closed down 139.94 points, or 1.14 percent, at 12,151.41, while the Standard & Poor's 500 Index (.SPX) lost 15.79 points, or 1.25 percent, to 1,249.64. The Nasdaq Composite Index (.IXIC) fell 35.22 points, or 1.34 percent, to 2,589.98.

Wall Street's decline weighed on European stocks, which erased early gains. The FTSEurofirst 300 (.FTEU3) index of top European shares fell 0.71 percent to end at 983.32, after rising as much as 0.63 percent earlier in the session.

The MSCI All-Country World index (.MIWD00000PUS) lost 1.34 percent, taking losses for the year to more than 10 percent.

The decline in stocks lifted prices of U.S. government bonds. Benchmark 10-year Treasuries rose 22/32 in price, with the yield at 1.925 percent - below the psychologically significant 2 percent level.

ITALIAN AUCTIONS

The euro slid to a session low of $1.291, its lowest since January, as investors worried about Italy's sale of 8.5 billion euros worth of debt with maturities of up to 10 years on Thursday. It last traded 1.0 percent weaker at $1.2937.

Against the yen, the euro hit its lowest level since June 2001 at 100.70.

Earlier, the single currency briefly rose against the dollar after Italy's short-term debt costs halved at an auction, helped by a new government austerity package and cheap liquidity from the European Central Bank.

However, Italy will need greater commitment from international investors to sell its bonds on Thursday.

"Tomorrow's auction is more important and will give more insight into general sentiment. Today was a warm-up," said Neil Mellor, currency strategist at Bank of New York Mellon.

U.S. crude oil prices fell $1.98 to settle at $99.36 a barrel. They had gained more than one dollar in the previous session following Iran's threat to stop oil shipments through the Strait of Hormuz if Western countries impose new sanctions on its exports.

Tehran faces the prospect of further sanctions from the European Union by the end of January over its nuclear ambitions. Washington said it saw "an element of bluster" in the threat to close the Gulf, and the U.S. Fifth Fleet said it would not allow any disruption in the world's most important oil route.

"The threat by Iran to close the Strait of Hormuz supported the oil market yesterday, but the effect is fading today as it will probably be empty threats as they cannot stop the flow for a longer period due to the amount of U.S. hardware in the area," said Thorbjoern bak Jensen, oil analyst with Global Risk Management.

(Additional reporting by Angela Moon, Edward Krudy and Luciana Lopez; Editing by Kenneth Barry,; Jan Paschal and Dan Grebler)

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/nm/20111228/bs_nm/us_markets_global

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Thursday, December 29, 2011

You With the Earbuds, Turn It Down!

This week, Farhad Manjoo and Emily Yoffe discuss the etiquette of asking your fellow commuter to turn down the music. Plus, they discuss whether there should be a time limit for choosing movies at a Redbox machine. Listen to Episode No. 35 using the audio player below or by opening this player in a new tab.

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Wednesday, December 28, 2011

'The Blondies' cartel chief caught in Mexico City (AP)

MEXICO CITY ? Mexican federal police said Wednesday they detained one of the United States' most-wanted drug traffickers, Luis Rodriguez Olivera, at Mexico City's international airport.

U.S. authorities had offered a reward of up to $5 million for Rodriguez Olivera, who is known by the nickname "Blondie," according to Mexico's Public Safety Department.

Olivera and his brother Esteban are accused of smuggling tons of cocaine and methamphetamine into Europe and the U.S., mainly through Texas. Esteban was extradited to the United States in March.

Luis Rodriguez Olivera, 39, was indicted in U.S. federal court in 2009 on cocaine-smuggling conspiracy and related charges. The red-haired suspect was arrested Tuesday, officials said.

His gang, known as "The Blondies" formed temporary allegiances with bigger Mexican cartels, including the Sinaloa cartel, the Zetas and the Gulf Cartel, officials say. He is being held until a hearing on a U.S. extradition request.

Also Wednesday, Mexican authorities seized 120 metric tons of a precursor chemical used to make methamphetamines at the Pacific coast port of Lazaro Cardenas, the fifth such large shipment seized so far in December.

The Attorney General's Office said the shipment, like the previous four, came from China and was destined for Puerto Quetzal in Guatemala.

The chemical, which filled eight shipping containers, was identified as methylamine.

The latest bust brings to almost 675 metric tons the amount of meth precursors seized in Mexico in December, more than half of the entire amount ? 1,200 tons ? seized in Mexico in all of 2011.

Experts familiar with meth production call it a huge amount of raw material, noting that under some production methods, precursor chemicals can yield about half their weight in uncut meth.

Authorities said they seized 205 tons of the chemical at Lazaro Cardenas over several days in early December, and on Dec. 19 they announced the discovery of almost 100 metric tons. On Dec. 23, authorities announced the seizure of 229 metric tons of precursor chemicals at the port, and on Dec. 26 another 21 tons were found at another port.

Experts familiar with meth production call it a huge amount of raw material, noting that under some production methods, precursor chemicals can yield about half their weight in uncut meth.

Authorities have not said which cartels the shipments may have belonged to.

The port of Lazaro Cardenas is located in the home territory of the Knights Templar drug cartel, but the Sinaloa and Zetas cartels have been more active in Central America. Officials say the Sinaloa cartel in particular has moved into meth production on an industrial scale.

Mexico has busted a few huge meth laboratories, and traffickers could be looking for other locations to install production.

"When controls over precursors were strengthened in the United States, manufacture shifted to Mexico," according to the U.N. Office on Drugs and Crime 2011 World Drug Report. "As Mexico has responded with strong counter-methamphetamine initiatives, manufacturing activities are increasingly reported from countries in Central and South America."

In Guatemala, National Police spokesman Donald Gonzalez said Puerto Quetzal has tightened controls after a period in which traffickers had moved shipments "with ease" at the terminal.

"Now it is more difficult for that to happen, because better control measures have been implemented," Gonzalez said.

The National Police have reported seizing 7,847 barrels of precursors so far in 2011, with 3,876 of those seized at Puerto Quetzal. No weight measure of those seizures was immediately available, but if those were standard shipping drums, which usually contain 55 gallons or 208 liters, that would suggest Guatemala's total seizures may have equaled or surpassed Mexico's.

___

Associated Press Writer Sonia Perez contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/mexico/*http%3A//news.yahoo.com/s/ap/20111229/ap_on_re_la_am_ca/lt_drug_war_mexico

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'New Year's Eve' Stars Reveal How Not To Ring In 2012

'Don't be the first one on the dance floor,' Zac Efron tells MTV News.
By Christina Garibaldi


Zac Efron
Photo: MTV News

New Year's Eve is a night of celebration with family and friends, but it can also be one of the most-stressful nights of the year. Tough questions must be answered about what to do and what to wear in order to have a memorable end to the year.

Well, we at MTV News can't give you those answers, but with help from the stars of this year's box office hit "New Year's Eve," we can tell you what not to do in order to avoid disaster as you ring in 2012.

"[Don't] plan an important evening," Jessica Biel told us at the New York City premiere of "New Year's Eve." "Don't do that, because it's too much pressure. If you're planning on having the best night of the year, you will have the worst night of the year. Do nothing, and then see what happens."

And it seems like co-star Abigail Breslin agrees that you can't plan to have the perfect night. "[Don't] put too much pressure on it; just let things happen, kind of like fate," Breslin said. "Just let things go how they're meant to go."

Director Garry Marshall has some advice for all those girls who are waiting for their New Year's kiss: "Don't wear a lot of lipstick, because with a little luck, they're gonna kiss you, and you may kiss more than one guy!" Marshall said, laughing.

If your plans entail heading out on the town, make sure you take Zac Efron's advice before you bust out those dance moves. "Don't be the first one on the dance floor — wait," Efron said. "Let two people get out there, and then go get a circle going, then get it going, pop it out, Michael Jackson moves."

Still haven't figured out your New Year's plans? Check out MTV's "NYE in NYC 2012" airing live at 11 p.m. ET/PT (10 Central) Saturday from Times Square. The event will be hosted by Demi Lovato and Tyler Posey with performances by Mac Miller, Selena Gomez, J. Cole and Jason Derülo.

What are your New Year's Eve plans? Let us know in the comments!

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Source: http://www.mtv.com/news/articles/1676530/new-years-eve-celebration.jhtml

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Tuesday, December 27, 2011

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Reversal of fortune (Reuters)

SINGAPORE (Reuters) ? While the threat of credit rating downgrades hangs over Europe, a few big emerging market economies are on the upswing.

Indonesia provides arguably the starkest contrast. Fitch's upgrade of Indonesia's sovereign rating on December 15 restored it to investment grade status for the first time in 14 years. Back in 1997, when the Asian financial crisis exploded, the International Monetary Fund had to step in with a three-year loan worth $10.1 billion at the time.

"Indonesia's banking sector was not prepared to withstand the financial turmoil that swept Southeast Asia," the IMF said then.

Fast-forward to 2011, and it is European banks that are the focus of concern as the euro zone struggles to come up with a politically palatable way to solve its own debt crisis.

All three of the world's major ratings agencies have warned that European countries face downgrades if they cannot stem the crisis. Fitch said on December 16 that a comprehensive solution was "technically and politically beyond reach."

Sentiment toward Europe has turned so dark that the most positive thing Northern Trust economists could say about the outlook there was, "Our base case is that the euro zone does not completely collapse within the next two years."

Why the role reversal?

Indonesia's 2012 growth is expected to reach 6.4 percent, according to a Reuters poll of economists, down only slightly from 2011's estimated 6.5 percent. The euro zone is widely expected to be stuck in recession next year, while U.S. growth will probably trudge along at one-third of Indonesia's pace.

The lesson that Asia learned from its financial crisis in the late 1990s was, "make sure you've got good insurance."

Asia now holds most of the world's foreign exchange reserves, with about $4.5 trillion concentrated in China and Japan combined. But there are also large stockpiles in India, Indonesia and South Korea.

That cushion can provide protection from financial market turbulence. Indonesia, South Korea, India and others have tapped reserves this year to defend their currencies from extreme volatility.

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

IMF on "schizophrenic" investors:

imfdirect.imf.org/2011/12/21/2011-in-review-four-hard-truths/

For IFR's forecasts for the week ahead in U.S. economic data, click on: http://graphics.thomsonreuters.com/11/12/IFRPV122611.pdf

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

"SCHIZOPHRENIC" INVESTORS

The IMF itself seems to have learned a few lessons from its experience in Asia, especially on how deep budget cuts can hurt a country's economic growth and its citizens.

Its November 1997 statement announcing Indonesia's bailout arrangement spelled out the IMF's policy prescription: tight fiscal and monetary policies and "substantial" fiscal measures to keep the budget in surplus.

The IMF at the time expected Indonesia's growth, which had been around 8 percent before the crisis, to slow to 5 percent in the first year of the program and 3 percent in the second. In fact, Indonesia's economy contracted by 13.1 percent in 1998 and grew by only 0.8 percent in 1999.

Former IMF Managing Director Dominique Strauss-Kahn acknowledged in February 2011 that the IMF's reform program had been "harmful and painful" for the Indonesian people.

Many economists worry that Europe's austerity measures, much like those in Indonesia in the late 1990s, will end up doing even more damage to the economy, worsening the debt picture.

IMF Chief Economist Olivier Blanchard said investors were "schizophrenic" about austerity and growth.

"They react positively to news of fiscal consolidation, but then react negatively later, when consolidation leads to lower growth -- which it often does," Blanchard said.

WHO IS NEXT?

European countries are the obvious candidates for imminent downgrade. S&P's move could come any day. Moody's said on December 12 it will revisit its European ratings in the first quarter of 2012.

While downgrades and the threat of more have received the most media attention this year, Fitch said its sovereign rating actions year-to-date were almost evenly split between upgrades and downgrades.

Since August 5, when Standard & Poor's stripped the United States of its AAA-rating, countries including Indonesia, Brazil, Estonia, the Czech Republic, Paraguay, Peru, Kazakhstan and Israel have received upgrades from at least one of the world's big three ratings agencies.

Next on the upgrade list may be the Philippines. Its leaders

expressed some disappointment that Indonesia got the nod from Fitch first, although S&P revised its outlook to "positive" on December 16.

But it is the negative actions that pose the global economic threat. The advanced economies in the Organisation for Economic Co-operation and Development have 2012 borrowing needs estimated at $10.5 trillion. A number this large means even a small increase in borrowing costs is meaningful.

"OECD debt managers are facing unprecedented funding challenges in meeting higher-than-anticipated, strong borrowing needs," the OECD said in a report on sovereign debt.

(Reporting by Emily Kaiser; Editing by Dan Grebler)

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/nm/20111225/bs_nm/us_economy_weekahead_outlook

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Monday, December 26, 2011

Google, Microsoft each seek search 'game changer'

News

By Sharon Gaudin

December 26, 2011 06:38 AM ET

Computerworld - While Google and Microsoft waged "trench warfare" in the search business this year, both are hoping to come up with a market game changer for 2012.

Analysts are split over which firm got the better of 2011, but most agree that the search business is critical to the future of both Microsoft and Google.

The growing competition between the tech giants in 2012 is good news for users, analysts said, noting that it will likely result in more innovation and the development of strong new search features.

"Neither of them were able to make game-changing moves in 2011, so the battle settled down into trench warfare," said Dan Olds, an analyst at Gabriel Consulting Group. "Competition between the two isn't going to get any easier. Both are going to try to get to high ground in this battlefield. That should be interesting."

Analysts generally agree that Microsoft's big win this year came via its partnerships market leading social partners -- namely Facebook and Twitter.

Patrick Moorhead, principal analyst at Moor Insights & Strategy, said the agreements gave Bing a slight advantage over Google's 2011.

"I believe Microsoft won the overall rivalry this year in terms of overall growth and strategic moves," Moorhead. He cited Bing's "improved integration of social media, the Bing iOS app, and Bing for Xbox and Kinect. But on the flip side, Microsoft has made little traction on the international side related to search metrics."

Rob Enderle, an analyst at the Enderle Group, agreed that Microsoft's marketing investment in Bing is paying off so far. "They increasingly appeared as the nicer, more interesting, alternative to Google search," he said.

The work has resulted in some momentum for Bing.

For instance, the Microsoft search engine picked up some market share after a partnership deal with Yahoo that was signed in July, 2009. And the company got some more hope in July, 2011, when Google's search market share dipped below 65% for the first time in two years. Over that same two-year period, Bing's share of the search market had almost doubled.

But Google's share did rise past 65% again this fall and the battle of two strong contendors continued.

"Google seems to be capitalizing on their brand and isn't having a problem holding onto its market share," said Olds. "At the start of 2011, Google had 66% of U.S. searches while Bing had about 30%. In October, we see pretty much the same thing -- Google with two-thirds of the searches and Bing with 30%."

Meanwhile, Google failed to come up with partnership agreements with social network leaders like Facebook or Twitter, which could come back to haunt it, analysts said.

Source: http://rss.computerworld.com/~r/computerworld/news/feed/~3/MfTIkftwuSE/Google_Microsoft_each_seek_search_game_changer_

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Cuba says travel restrictions to remain in place

President Raul Castro on Friday put on ice highly-anticipated plans to ease travel restrictions on Cubans, telling lawmakers the nation would not be pressured into moving too fast and citing continued aggression from the United States as the reason for his cautious approach.

Cuba has been awash in speculation the much-hated regulations, which prevent most Cubans from leaving the island, might be lifted during Friday's session of the National Assembly. But Castro said the time still wasn't right, despite a year of free-market reforms that has seen the Communist government legalize a real estate market and greatly increase private business ownership.

"Some have been pressuring us to take the step ... as if we were talking about something insignificant, and not the destiny of the revolution," Castro said, adding that those calling for an end to the travel restrictions "are forgetting the exceptional circumstances under which Cuba lives, encircled by the hostile policy ... of the U.S. government."

Castro criticized U.S. President Barack Obama, saying he was the 11th American president since the 1959 revolution led by his brother Fidel, and appeared "not to understand" the sacrifices Cuba had made in its struggle for independence and sovereignty, including the Bay of Pigs invasion and the Cuban Missile Crisis, as well as Washington's 49-year trade and travel embargo.

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"Sometimes, he (Obama) gives the impression he has not even been informed of this reality," Castro said, repeating his willingness to normalize relations with the U.S. under the right conditions.

Slideshow: Return to Cuba (on this page)

Castro also announced an amnesty for 2,900 prisoners ahead of next year's visit by Pope Benedict XVI, but a senior official told the Associated Press that jailed American subcontractor Alan Gross would not be among those freed.

The Cuban president told legislators he still hoped to enact the travel reforms, but did not say when. If hopes were high among islanders that Friday would be the big day, Castro had only himself to blame.

Reporter's notebook: Return to Cuba

At parliament's last session, in August, he announced that the government was committed to ease the travel restrictions. He said the measures were originally adopted because many who left in the years after the revolution were a threat to the nascent government, including people backed by the United States who sought its overthrow.

Castro said in August that most of those who leave now do so for economic reasons and are not enemies. He said removing travel restrictions would help "increase the nation's ties to the community of emigrants, whose makeup has changed radically since the early decades of the revolution."

Video: Welcome to the new, post-Fidel Cuba (on this page)

Cubans had been clamoring for the elimination of the "tarjeta blanca," or exit visa, which the government requires of all seeking to travel abroad, even for vacation. Many people are denied, particularly doctors, scientists and military officials whose departure would be considered a threat to the state.

"The need for permission to leave should never have been invented in the first place," Victor Salgado, a 73-year-old retiree, told the Associated Press ahead of Castro's speech. "They should have eliminated this long ago. Why should I have to ask permission if I want to leave my country?"

Another Havana resident, Yamila Baez, said she was hoping the restrictions would be scrapped as soon as possible.

"It isn't normal that one has to ask the government for its okay," she said. "If you have the money to buy a ticket you should be able to go."

Castro's speech was the highlight of an otherwise humdrum parliament session in which legislators approved a budget for 2012 and heard from senior officials on the state of the economy.

Economy Minister Adel Yzquierdo told lawmakers the government expected economic growth to come in at 3.4 percent in 2012, a bit better than the 2.7 percent expected to be registered this year. Finance Minister Lina Pedraza added that the government expects both revenue and costs to rise in 2012, with the government running a deficit of about 3.8 percent.

Cuban officials also used the session to criticize Washington for its trade and travel embargo, and to call on the U.S. to release four Cuban agents still imprisoned there. A fifth left jail earlier this year, but has been blocked from returning to Cuba until he completes parole.

Cuba is ending the first year of a drive by Castro to reform its state-dominated economy. The government has allowed citizens to get business licenses for nearly 200 approved jobs, and 355,000 have taken them up on the offer. The state has also legalized a real estate market for the first time in nearly half a century, begun extending bank credits to entrepreneurs and those wishing to fix up their homes, and removed restrictions on the sale of used cars.

A parallel effort to trim half a million workers from state payrolls largely foundered.

___

Paul Haven can be reached at www.twitter.com/paulhaven/

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

Source: http://www.msnbc.msn.com/id/45777164/ns/travel-news/

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Sunday, December 25, 2011

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Pro Golfer Donates $10,000 To Boy With Cancer

Homepage?>?Video

POSTED: 4:56 pm EST December 23, 2011
UPDATED: 5:00 pm EST December 23, 2011

Pro Golfer Donates $10,000 To Boy With Cancer

?

Professional golfer Robert Allenby donates $10,000 to a 10-year-old boy battling pancreatic cancer.

Comments The views expressed are not those of WPBF.com, WPBF or its affiliated companies. By posting your comments you agree to accept our Terms of Use.

Source: http://www.wpbf.com/video/30065860/index.html

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Saturday, December 24, 2011

Introducing the gdgt databox!

Have you ever been reading a post about, say, the Samsung Galaxy Tab 10.1, and caught yourself thinking "What were those dimensions again?" Or, maybe it's something about the iPad 2 and you can't recall the thing's release date, or exactly how many different variations Apple has on offer? How about which of those two devices is heavier? You could go digging back for their respective reviews and find out, but now we have a better solution: the gdgt databox! It's a comprehensive, clickable, interactive database containing all the specs for all the devices we cover on here. Its contents are pulled from the massive library of hardware and software maintained over at gdgt, tirelessly updated and maintained around the clock. With a few clicks you'll have all the info you need and, should you desire more, you can quickly ask a question to someone who actually owns one. Check out a few example devices in the box below -- or just keep on reading. You'll be seeing a lot of it around these parts.

Introducing the gdgt databox! originally appeared on Engadget on Fri, 23 Dec 2011 12:44:00 EDT. Please see our terms for use of feeds.

Permalink   |   | Email this | Comments

Source: http://www.engadget.com/2011/12/23/introducing-the-gdgt-databox/

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IsraelNewsStory: Egypt Hemorrhaging Cash: As clashes between protesters and regime troops continue in central Cairo billions are ... http://t.co/pZvmgGmQ

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Friday, December 23, 2011

Design Your Own Boeing 787 Dreamliner [Airplanes]

If you've always longed for your own private jumbo jet, well, keep dreaming. But at least Boeing now offers your the chance to design your own hypothetical color scheme, just in case you ever find yourself in a position to buy one. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/O5BmhrlCLhg/design-your-own-boeing-787-dreamliner

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Thursday, December 22, 2011

Perfect no more, injuries mounting for Packers

Green Bay Packers quarterback Aaron Rodgers (12) is sacked by Kansas City Chiefs outside linebacker Tamba Hali (91) during the second half of an NFL football game at Arrowhead Stadium in Kansas City, Mo., Sunday, Dec. 18, 2011. The Chiefs defeated the Packers 19-14. (AP Photo/Ed Zurga)

Green Bay Packers quarterback Aaron Rodgers (12) is sacked by Kansas City Chiefs outside linebacker Tamba Hali (91) during the second half of an NFL football game at Arrowhead Stadium in Kansas City, Mo., Sunday, Dec. 18, 2011. The Chiefs defeated the Packers 19-14. (AP Photo/Ed Zurga)

Green Bay Packers quarterback Aaron Rodgers (12) hugs Kansas City Chiefs linebacker Derrick Johnson (56) after an NFL football game Sunday, Dec. 18, 2011, in Kansas City, Mo. The Chiefs won 19-14. (AP Photo/Charlie Riedel)

Green Bay Packers wide receiver Donald Driver watches the final moments of an NFL football game against the Kansas City Chiefs on Sunday, Dec. 18, 2011, in Kansas City, Mo. The Chiefs won 19-14. (AP Photo/Charlie Riedel)

Green Bay Packers tackle Derek Sherrod is taken from the field after an injury during the second half of an NFL football game with the Kansas City Chiefs at Arrowhead Stadium in Kansas City, Mo., Sunday, Dec. 18, 2011. (AP Photo/Charlie Riedel)

(AP) ? The Green Bay Packers aren't perfect. That much was clear even before a surprise loss at Kansas City on Sunday cost them a shot at an undefeated season.

The Packers have been giving up too many big plays on defense all season, and injuries now appear to be taking a toll on the offense. Already missing wide receiver Greg Jennings, the Packers lost starting right tackle Bryan Bulaga to a left knee sprain and backup Derek Sherrod to a broken right leg.

It all caught up to them in a disappointing 19-14 loss to the Chiefs.

It's only one game, and it doesn't change the Packers' status as overwhelming favorites in the NFC. But the issues that came up at Kansas City are challenges the Packers will have to overcome to put together another Super Bowl run.

"Very quiet plane ride home last night, and understandably so," Packers coach Mike McCarthy said Monday. "Everybody's disappointed with the loss and the opportunity to have an undefeated season. But the reality is upon us. We have the goal of getting of home-field advantage right in front of us. We have it at home, against the Bears, and that's what we need to get ready for."

Going into their Christmas night matchup against Chicago at Lambeau Field, players were disappointed to lose a chance to go through a season unbeaten but reiterated that another Super Bowl was always their main goal.

"The perfect season is over now," wide receiver Donald Driver said after Sunday's game. "We can let that kinda die out. We know we have five games left to win the whole thing, and it's going to start next week, Christmas Day. We've just got to go back and look at our mistakes, correct them and get ready to play ball."

Cornerback Charles Woodson wasn't buying the theory that a loss could help the Packers refocus.

"No," Woodson said Sunday. "Losing is never good."

On offense, the Packers appeared to dearly miss Jennings, who sprained his left knee in the Dec. 11 victory over Oakland and is expected to recover in time for the playoffs. When Jennings is healthy, he often becomes the primary focus for an opposing defense ? allowing teammates to run free.

Packers receivers spent last week talking about having to step up in Jennings' absence. But when it came to Sunday's game, they had an alarming number of drops early on and struggled to get open at times. McCarthy said he hopes to practice outside Wednesday and Thursday to get his receivers more accustomed to catching in the cold.

"It's more focus," McCarthy said. "It's not something that we're physically unable to do."

Aaron Rodgers was sacked four times Sunday, and his protection looks thin going into Sunday's game against Chicago after injuries to Bulaga and Sherrod.

McCarthy said Bulaga would be "challenged" to play this week, and Sherrod is recovering from surgery.

The Packers hope to get veteran left tackle Chad Clifton back at practice Wednesday, but he has been out since hurting his hamstring Oct. 9 at Atlanta. His return to the field was delayed by a back injury he sustained during the rehabilitation process.

If Clifton can't go, the Packers could play Marshall Newhouse at left tackle, Evan Dietrich-Smith at left guard, Scott Wells at center, Josh Sitton at right guard and T.J. Lang at right tackle ? meaning Wells and Sitton would be the only starters at their natural positions.

Of course, the Packers showed last season they have an uncanny ability to shake off significant injuries.

"Everybody goes through different challenges throughout their season," McCarthy said. "We've been hit with some injuries here and we'll fight right through them like we always have. My confidence hasn't wavered."

Meanwhile, the Packers' defensive problems weren't anything new, as Green Bay has been giving up too many big plays all year. It was a surprise against the Chiefs, who had been struggling on offense but managed to churn out a surprising number of clock-eating drives to keep Rodgers on the sideline.

After the game, Packers defensive lineman B.J. Raji said the team has some issues to correct and knows the offense can't bail them out every week.

"We just have to play better," Raji said. "Offensively, this is not what everyone's come to expect, but it's not going to happen every week. Defensively, you can't give up big plays, have the ball go over our head. We have to get off the field on third down."

Now that the Packers know they're not going to have a perfect season, they're concentrating on a perfect ending.

"It hurts because that's something special," Driver said. "We always talk about, if you get the perfect season, then you're part of greatness, but you take it for what it's worth. Right now, the only thing we can do is go 18-1. If that's 18-1 and you're the Super Bowl champs, I don't think anyone cares about the perfect season after that."

___

Connect with Chris Jenkins at www.twitter.com/ByChrisJenkins

Associated Press

Source: http://hosted2.ap.org/apdefault/347875155d53465d95cec892aeb06419/Article_2011-12-20-FBN-Imperfect-Packers/id-d0255c6868cf495baf3b17d06c0282de

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Monday, December 19, 2011

TV channel squeeze proposed to pay for tax cuts

(AP) ? Call it the Great Channel Squeeze.

Congress is considering letting cellphone companies pay television stations to give up their frequencies so they can be put to better use for wireless broadband.

The idea is to squeeze over-the-air television, which has few viewers, into a smaller slice of the airwaves. The government would be the broker in the deal and would use some proceeds to fund tax cuts and unemployment benefits.

In years to come, you might see Channel 17 cease to broadcast and Channel 49 take its place, for instance. The empty slot at Channel 49 would then become available for a range of wireless services. That could mean faster downloads for smartphones and tablet computers.

Although vast swaths of broadcast spectrum were freed when television signals converted from analog to digital in 2009, much of that has already been claimed. Technology companies have been clamoring for even more airwaves to satisfy growing consumer appetite for movies, books and websites on mobile devices.

The Federal Communications Commission sees more spectrum as a way to extend high-speed Internet access to places where phone and cable TV companies don't have enough customers to offer landline broadband connections.

"Unless we free up new spectrum for mobile broadband, the looming spectrum crunch risks throttling our mobile economy and frustrating mobile consumers," FCC Chairman Julius Genachowski said in a statement this week.

In a sense, this proposal is a reflection of the times. In the U.S., there are more wireless devices in use than there are people. Meanwhile, various studies show that fewer than 10 percent of households get their TV signals over the air ? the rest have cable or satellite service.

The FCC's national broadband plan envisions freeing up 500 megahertz of spectrum over the next 10 years. As much as a quarter of that could come from television.

But many things need to happen first.

For starters, Congress needs to give the FCC authority to do this.

The House included that authority in a bill it passed Tuesday to extend Social Security payroll tax reductions and unemployment coverage. Congress estimates that $16.5 billion could be generated over 10 years by auctioning the broadcast channels and another slice now used for public safety. But President Barack Obama opposes the bill for reasons unrelated to spectrum, and the Senate is working on its own version of the package.

Once the FCC gets authority, it needs to find broadcasters willing to cede their frequencies. Station owners would share in auction proceeds if they turn in their broadcasting licenses and either cease operations or become cable-only channels. They would be compensated to build new towers and make other adjustments if they need to switch frequencies. Congressional revenue estimates already factor that in.

The National Association of Broadcasters isn't sure how many stations would go along.

"Local TV stations are doing pretty well in terms of advertising sales," NAB spokesman Dennis Wharton said. "It would surprise me if there would be the sort of stampede to go out of business."

That said, the NAB supports the proposal as long as stations aren't forced or pressured to give up their frequencies. If stations must move, the NAB wants to make sure they aren't the ones paying for it and won't face more interference or any reduction in how far their signals go. Wharton says the House bill includes good protections for broadcasters, but a similar measure in the Senate does not.

Television stations once had Channels 2 to 83, except for 37, which is used for astronomy. Channels 70 to 83, mostly used to retransmit signals from other channels, disappeared in the 1980s and have been reassigned to other uses. Stations gave up Channels 52 to 69 in 2009 as part of a transition to digital broadcasts, and much of that has already been reassigned.

The House-passed bill would allocate some of what's left from the digital transition to build a broadband network for public safety. It would also auction off spectrum that police, firefighters and emergency workers now use for voice communications.

Depending on how many stations want to participate, Channels 31 to 51, excluding 37, could be freed up under the proposed program.

The changes could ultimately take several years and won't be easy. The NAB says nearly 40 percent of the nation's 1,735 full-powered stations now use one of the 20 channels targeted. Broadcasters would have to upgrade equipment, and viewers using antennas would have to find the station's new home.

Associated Press

Source: http://hosted2.ap.org/apdefault/f70471f764144b2fab526d39972d37b3/Article_2011-12-16-US-TEC-TV-Channel-Squeeze/id-a241e3f1d706440aa5bdc98a527a3c2f

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