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Police inspect the scene of a bomb attack in Basra, 340 miles (550 kilometers) southeast of Baghdad, Iraq, Thursday, Nov. 24, 2011. Three bombs went off in a popular open-air market Thursday evening, killing and wounding scores of people, police said. (AP Photo/Nabil al-Jurani)
Police inspect the scene of a bomb attack in Basra, 340 miles (550 kilometers) southeast of Baghdad, Iraq, Thursday, Nov. 24, 2011. Three bombs went off in a popular open-air market Thursday evening, killing and wounding scores of people, police said. (AP Photo/Nabil al-Jurani)
Security forces inspect the scene of a bomb attack in Basra, 340 miles (550 kilometers) southeast of Baghdad, Iraq, Thursday, Nov. 24, 2011. Three bombs went off in a popular open-air market Thursday evening, killing and wounding scores of people, police said. (AP Photo/Nabil al-Jurani)
BASRA, Iraq (AP) ? A string of bombings in a southern oil city killed 19 people Thursday evening and injured dozens more, a grim sign of the security challenges Iraq will face after American troops go home.
The U.S. military is drawing down its troops ahead of an end-of-December deadline to have all American forces out of the country. Incidents like Thursday's triple bombing in a city seen as key to Iraq's economic development show the dangerous prospects awaiting Iraqis next year.
Three bombs went off in a popular open-air market in Basra, police and health officials said.
The third bomb exploded a few minutes after Iraqi army and police forces arrived on the scene in response to the earlier blasts, officials said. The third blast caused all the fatalities and almost all of the injuries, the officials said.
Among the dead and wounded were many policemen and Iraqi army soldiers.
The police officials spoke on condition of anonymity because they were not authorized to speak to reporters.
Kamal Ali was working at a clothing shop across the street when the blasts went off. He said after the first explosion, bystanders rushed to help the victims. When another blast went off about five minutes later, the terrified people ran to escape.
Then police and soldiers rushed to the scene before the third and most deadly bomb went off.
"Most of the casualties are police and Iraqi troops who rushed to help the victims and cordoned off the scene. They sacrificed their lives for the poor people," Ali said.
The head of the Basra provincial council, Ahmed al-Sulaiti, confirmed the incident.
"We can't blame the security forces for this act. They were the people most hurt," he said by telephone from Basra.
Basra is about 340 miles (550 kilometers) southeast of Baghdad It is considered the center of Iraq's burgeoning oil sector.
Many foreign oil companies have offices there. The country is relying on foreign companies to bring the money and expertise needed to develop Iraq's vast oil sector, which has been ravaged by war, sanctions and neglect.
There was no immediate claim of responsibility for the bombings, and it was not clear whether it was the work of Sunni extremists like al-Qaida, or by Shiite militias. Sunni militants often stagger their blasts in order to cause the most carnage, and they often target security officials, whom they see as propping up the Shiite-led government.
The area where the blasts occurred is also a stronghold for Shiite militia members, who have been known to use violence as they jockey for power and control.
__
Associated Press writers Mazin Yahya and Rebecca Santana in Baghdad contributed to this report.
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BRUSSELS (Reuters) ? Euro zone states may ditch plans to impose losses on private bondholders should countries need to restructure their debt under a new bailout fund due to launch in mid-2013, four EU officials told Reuters on Friday.
Discussions are taking place against a backdrop of flagging market confidence in the region's debt and as part of wider negotiations over introducing stricter fiscal rules to the EU treaty.
Euro zone powerhouse Germany is insisting on tighter budgets
and private sector involvement (PSI) in bailouts as a precondition for deeper economic integration among euro zone countries.
Commercial banks and insurance companies are still expected to take a hit on their holdings of Greek sovereign bonds as part of the second bailout package being finalized for Athens.
But clauses relating to PSI in the statutes of the European Stability Mechanism (ESM) - the permanent facility scheduled to start operating from July 2013 - could be withdrawn, with the majority of euro zone states now opposed to them.
The concern is that forcing the private sector bondholders to take losses if a country restructures its debt is undermining confidence in euro zone sovereign bonds. If those stipulations are removed, most countries in the euro zone argue, market sentiment might improve.
"France, Italy, Spain and all the peripherals" are in favor of removing the clauses, one EU official told Reuters. "Against it are Germany, Finland and the Netherlands." Austria is also opposed, another source said.
A third official said that while German insistence on retaining private sector involvement in the ESM was fading, collective action clauses would only be removed as part of broader negotiations under way over changes to the EU treaty.
Berlin wants all 27 EU countries, or at least the 17 in the euro zone, to provide full backing for alterations to the treaty before it will consider giving ground on other issues member states want it to shift on, officials say.
Germany is under pressure to soften its opposition to the European Central Bank playing a more direct role in combating the crisis, and member states also want Berlin to give its backing to the idea of jointly issued euro zone bonds.
German officials dismiss any suggestion of a 'grand bargain' being put together, but officials in other euro zone capitals, including Brussels, say such a deal is taking shape and suggest Berlin will move when it has the commitments it is seeking, although it's unclear when that will be.
German Chancellor Angela Merkel said after meeting French President Nicolas Sarkozy in Strasbourg on Thursday that there was no quid pro quo being set up.
"This is not about give and take," she said.
Euro zone finance ministers will discuss the ESM at a meeting in Brussels on November 29-30, including the implications of dropping collective action clauses from its statutes.
COMPLICATIONS
While most euro zone countries just want to forget about enforced private sector involvement, some are adamant that there must be a way to ensure banks and not just taxpayers shoulder some of the costs of bailing countries out.
Austria's opposition Green Party, whose support the government needs to secure backing for the ESM in the Vienna parliament, insists collective action clauses must remain a part of the ESM. It's also far from unclear whether the finance committee of the German lower house Bundestag would agree to such changes being made to the ESM.
Any changes to the mechanism would have to be approved by all member states and ratified by national parliaments before they can take effect, meaning fixed Austrian and German opposition could derail the push for changes.
Germany and some other member states were hoping to bring the ESM, which will have a lending capacity of 500 billion euros, into force as early as July next year, but disagreement over its structure could delay that.
(Reporting by Julien Toyer, John O'Donnell and Luke Baker in Brussels, Andreas Rinke in Berlin and Mike Shields in Vienna; writing by Luke Baker; editing by Rex Merrifield, John Stonestreet)
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Doom for everyone. It's not a particularly festive message, but as promised earlier this week, the Doom 3 source code is now out on a general public license. Programming types can meddle with the game's inner workings as wintery temperatures force them to huddle close to the warm hum of excessive gaming rigs. Doom dad John Carmack announced the release to his horde of Twitter followers, while doffing his cap to Timothee Besset, who helped sidestep some shadow rendering license issues that had dogged an earlier release. Peer into the source code at the link below, and know the true face of despair Doom.
Doom 3 source code available now, gory customizations welcomed originally appeared on Engadget on Wed, 23 Nov 2011 06:48:00 EDT. Please see our terms for use of feeds.
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Side-stepping the moody design tones of its RAZR brethren, Motorola has announced a new Android-powered smartphone for Taiwan. Measuring in at 9.8mm thin, this Gingerbread-powered slab sports the outfit's MotoBlur-derived Moto Switch UI, with an eight megapixel camera on the back and a VGA shooter on the front. The XT615 packs quad-band GSM (850/900/1800/1900), WCDMA (900/2100) and HSPA (7.2Mbps) radios, while processing power comes from a slightly underwhelming 800MHz Qualcomm MSM7227A-0, possibly explaining the NTD$10,900 ($360) price tag. The pearly-toned phone hasn't revealed any plans to leave the island nation of Taiwan just yet, but that doesn't mean you can't familiarize yourself with the full specifications in the PR below.
Continue reading Motorola XT615 Android phone arriving in Taiwan: slim, but not RAZR-thin
Motorola XT615 Android phone arriving in Taiwan: slim, but not RAZR-thin originally appeared on Engadget on Tue, 22 Nov 2011 06:29:00 EDT. Please see our terms for use of feeds.
Permalink |Motorola | Email this | CommentsSource: http://www.engadget.com/2011/11/22/motorola-xt615-android-phone-arriving-in-taiwan-slim-but-not-r/
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Justin Verlander?s?deserved MVP nod on Monday ended an 18-year drought?in which only position players had been awarded the game?s ultimate single-season honor. No pitcher had won an MVP award since A?s closer Dennis Eckersley in 1992. No starter had won since Boston?s Roger Clemens in 1986.
Now that the BBWAA is again showing a willingness to vote for pitchers ? at least if no position player on a first-place team truly stands out ? let?s correct a couple of wrongs from the last 20 years.
- Roger Clemens ? 1997 Blue Jays
Clemens went 21-7, led the AL in ERA at 2.05, strikeouts with 292, innings pitched with 264 and complete games with nine, yet he finished a mere 10th in the MVP balloting. Randy Myers, who pitched 59 2/3 innings with a WHIP worse than Clemens?, came?in fourth. At least the voters did pick the right position player this year, as Ken Griffey Jr. got the nod.
- Pedro Martinez ? 1999 Red Sox
After finishing 23-4 with a 2.07 ERA and 313 strikeouts, Martinez got eight first-place votes, but he was also left off a couple of ballots and finished second in the balloting to Ivan Rodriguez, who was probably the league?s fourth or fifth best position player. Martinez was even better the following year in 2000, when he went 18-6 with a 1.74 ERA, but he came in fifth that year.
- Greg Maddux ? 1995 Braves
In the 144-game strike-shortened season, Maddux?was a remarkable 19-2 with a 1.63 ERA and a 0.81 WHIP in 209 2/3 innings. All of those marks led the NL, of course, and Maddux?was pretty obviously the league?s most valuable player. Still, he finished third behind Barry Larkin and Coors Field-aided Dante Bichette in the balloting.
- Johan Santana ? 2004 Twins
The American League in 2004 had five guys drive in at least 120 runs. Not coincidentally, those five guys finished first-through-fifth in the MVP voting. Santana was sixth after going 20-6 with a 2.61 ERA and a 0.92 WHIP. There was a case for actual winner Vladimir Guerrero over him, but Santana should have finished second at worst.
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Apple and Samsung's patent battle draws concern from EU Competition Commission originally appeared on Engadget on Tue, 22 Nov 2011 14:17:00 EDT. Please see our terms for use of feeds.
PermalinkAll Things D | Reuters | Email this | CommentsSource: http://www.engadget.com/2011/11/22/apple-and-samsungs-patent-battle-draws-concern-from-eu-competit/
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STATE COLLEGE, Pa (Reuters) ? All of the judges in Penn State University's home county have recused themselves from the child sexual abuse case against former Penn State coach Jerry Sandusky, the state courts system said on Tuesday.
The recusals by the four judges in the Center County Court of Common Pleas "are intended to avoid any appearance of conflict of interest due to real or perceived connections to the defendant, the Second Mile charity, or the Pennsylvania State University," the Administrative Office of Pennsylvania Courts said in a statement.
Sandusky, a former defensive coordinator for Penn State's football team, faces 40 grand jury counts of molesting young boys over a 15-year period. Sandusky has said he is innocent.
Sandusky is the founder of the Second Mile charity. The grand jury charges allege he met the boys through the non-profit.
McKean County Senior Judge John Cleland, a former chairman of the Interbranch Commission on Juvenile Justice, was appointed to take over the case.
Judge Kathy Morrow, who sits in Perry and Juniata counties, will handle matters until he can assume jurisdiction. the statement said.
Neither Morrow nor Cleland had any known connection with Sandusky, the Second Mile, Penn State or their representatives, it said.
A preliminary hearing was rescheduled on Tuesday for December 13 at the Center County Courthouse. It also will be handled by an out-of-county jurist, Westmoreland County Senior District Judge Robert Scott.
Scott replaced the district judge who set bail when Sandusky was arrested, Leslie Dutchcot of State College, who had ties to The Second Mile.
(Editing by Greg McCune)
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Continue reading Micromouse robot completes maze in under four seconds (video)
Micromouse robot completes maze in under four seconds (video) originally appeared on Engadget on Tue, 22 Nov 2011 05:31:00 EDT. Please see our terms for use of feeds.
PermalinkIEEE Spectrum | Robot Dreams | Email this | CommentsSource: http://www.engadget.com/2011/11/22/micromouse-robot-completes-maze-in-under-four-seconds-video/
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With Black Friday coming there is going to be plenty of sales happening but -- why wait? U.S. Cellular is hosting their black Friday sales right now, where you can pick up a smartphone for $100 or less. So what devices can you get?
Aside from the sale prices, U.S. Cellular has also introduced a new $39.99 plan that includes 450 minutes; free incoming calls, texts and pics, mobile-to-mobile calls, and nights and weekends beginning at 7:00 p.m. The full press release can be found after the break.
 |  |
Source: http://feedproxy.google.com/~r/androidcentral/~3/Za4M79ziI0Q/story01.htm
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LUXEMBOURG/ATHENS (Reuters) ? Greece's new technocrat prime minister said on Tuesday he was confident fractious politicians would soon provide a written commitment to painful austerity measures as demanded by the EU that will unlock funds needed to stave off bankruptcy.
But as Lucas Papademos tried to reassure EU officials in Luxembourg, the conservative New Democracy party reiterated its refusal to sign any pledge and Greece's main private and public sector trade unions called a 24-hour strike for December 1.
It will be the first major strike since Papademos, a former vice president of the European Central Bank, formed his three-party coalition to secure payment of an 8 billion euro aid tranche to avert default in December.
"Our partners demand written commitments. They want political leaders to send a letter of commitment over the policies which will be implemented in the coming years," Papademos told reporters after talks with Eurogroup head Jean-Claude Juncker in Luxembourg.
"I believe party leaders will fulfill their duty. I'm optimistic that a solution will be found soon. This must be done by the end of the month."
While two parties, the Socialist PASOK of fallen premier George Papandreou and the far-right LAOS, have signaled readiness to sign, New Democracy leader Antonis Samaras has infuriated EU leaders by insisting his verbal consent is sufficient.
The European Union and International Monetary Fund want the written commitment because they suspect party leaders might otherwise try to wriggle out of their responsibilities, especially with an election penciled in for February 19.
"It has to be clear that there is also commitment from the largest opposition leader (Samaras) to implement the package of reforms. Saying that words are enough -- we have passed that stage," Dutch Finance Minister Jan Kees de Jager said.
"We want a signature from this Mr Samaras. Otherwise they (Greece) won't get money, absolutely not," De Jager told Dutch television station RTL 7.
The Netherlands, Germany and Finland -- three of the most fiscally sound euro zone countries who particularly resent having to bail out debt-ridden Greece -- will meet on Friday to discuss latest developments in Athens, De Jager said.
ELECTION
Political analysts say Samaras wants to distance himself from the austerity measures and boost his party's support ahead of an election in which he has said he believes he can win a majority to govern Greece alone.
Opinion polls show New Democracy ahead of its rivals but unlikely to be able to form a majority government.
Samaras, a Harvard-educated economist, has long opposed the tax hikes and spending cuts backed by Papandreou, his bitter rival and former college roommate, arguing that Greece -- now in its fourth year of recession -- needs pro-growth policies.
"Everything that has been done (by Samaras) is sufficient and complete," New Democracy spokesman Yannis Mihelakis told the private ANT1 television channel, referring to the party's support for the Papademos coalition and its 2012 draft budget.
Papademos, who was also due to meet the head of the European Central Bank Mario Draghi in Frankfurt later on Tuesday, said his government was focused on tackling the immediate economic challenges facing Greece.
"I believe the new government will overcome the crisis and achieve fiscal consolidation in Greece," he said, adding its plans included steps to boost the economy's competitiveness.
Along with the December aid tranche, Greece is also hoping its creditors will approve a 130 billion euro bailout agreed last month to keep it afloat until 2014. This will replace the original 110 billion package that has made up its aid so far.
But Papademos's government faces a number of hurdles in implementing reforms, including staunch opposition by unions and a population angered by years of austerity that have deepened Greece's recession and lowered living standards.
STRIKE LOOMS, AGAIN
GSEE, the country's umbrella trade union representing about 2.5 million private sector workers, called a strike for December 1 to protest against the 2012 budget, which is scheduled to be approved by parliament on December 7.
"The strike is against this budget of austerity and social spending cuts," said GSEE spokesman Stathis Anestis.
Public sector trade union ADEDY, which represents about 500,000 state employees, said it too would join the walkout. It also said unions planned some sort of action on December 7.
The 2012 budget includes a series of tax increases and spending cuts to ensure the budget deficit falls to at least 6.7 percent of GDP next year from 9 percent in 2011.
Greece's trade unions have staged numerous strikes and demonstrations since the debt crisis forced authorities to start taking austerity measures two years ago.
(Additional reporting by Renee Maltezou in Athens; Writing by Gareth Jones; Editing by Mark Heinrich)
Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/nm/20111122/wl_nm/us_greece
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Band's new album isn't a departure, because it doesn't have to be.
By James Montgomery
Nickelback's Chad Kroeger
Photo: Getty Images
When Nickelback set out to record their brand-new album Here and Now, which hit stores Monday (November 21), they decided not to stray far from the mantra that has made them one of the decade's biggest-selling acts: Namely, keep it simple, stupid.
"If we had a 'vision,' it was pretty much 'Record 11 songs, try to make sure they don't sound like any of the other 11 songs, and make 'em good,'" frontman Chad Kroeger said. "That was about it."
If Kroeger sounds like he's joking, he assures you, he's not. After all, for more than 15 years now, Nickelback have done one thing — write and record the kinds of songs that sound great played very loudly, be it on the radio, in the parking lot or inside venues that house professional sports franchises — and have done it exceptionally well, to the tune of some 50 million albums sold worldwide. And Here and Now seems destined to follow in those footsteps, both sonically (have you heard "Bottoms Up"?) and commercially. Then again, the latter doesn't seem to matter all that much to Kroeger and company, which may very well be the secret to their success.
"Did you read the bio [for the new album]? Oh my God, it's a thrill ride. It's like my mom wrote it. She's like, 'They've sold this many records worldwide, they've won all of these accolades, the band has set these records,' and you just go down it, and there's almost nothing about the new album," Kroeger laughed. "The adjectives are just like, 'Wow, this dude got a thesaurus for Christmas for sure, and he just blew the dust off it.'
"You know what? I think [sales] mean more to my mom. My mom is just pumped when this stuff comes out," he continued. "But I think sometimes, we'll be sitting at dinner, and we'll look at each other, if it's just the four of us, those are those little secret private moments where we'll look at each other and be like, 'That was pretty cool.' Or, you know, 'Pass the butter.' "
And so, on Here and Now, Nickelback return with much of the same that has led them to such lofty heights. They'll make no bones about it, either. It will probably sell a bazillion copies and launch singles onto modern rock radio for the foreseeable future. And it will most definitely be coming to an arena near you very soon. And all those things would be near-certainties even if the band decided to go with their original title for the album, which, truth be told, would've been pretty awesome, really.
"It's called Here and Now because it just represents a snapshot in time, a snapshot of who we were when we made it," Kroeger explained. "And of all the names we had, it was better than Wizard Beating."
Related ArtistsSource: http://www.mtv.com/news/articles/1674792/nickelback-here-and-now-album.jhtml
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Public release date: 21-Nov-2011
Share ] Contact: Lauren McLeod
lemcleod@med.umich.edu
734-764-2220
University of Michigan Health System
In 2009, the American Diabetes Association (ADA) recommended that Hemoglobin A1c be exclusively used for the diagnosis of diabetes in children. The simple test measures longer-term blood sugar levels -- without requiring patients to fast overnight. However, a new U-M study has shown that these tests are not very accurate in children.
"We found that Hemoglobin A1c is not as reliable a test for identifying children with diabetes or children at high risk for diabetes compared with other tests in children," says Joyce M. Lee, M.D., M.P.H., lead author of the study and a pediatric endocrinologist at U-M's C.S. Mott Children's Hospital. "In fact, it failed to diagnose two out of three children participating in the study who truly did have diabetes."
Although tests that require patients to fast are the most accurate tests, they are difficult to obtain in clinical practice, highlighting the need for improved nonfasting testing strategies.
Due in part to high rates of childhood obesity, the Centers for Disease Control estimates that approximately 2.5 million children in the U.S. currently qualify for diabetes screening.
The study, published online ahead of print in the journal Diabetes Care, tested 254 overweight children using both fasting and non-fasting methods. Researchers found that the recommended test, Hemoglobin A1c, missed more cases of pre-diabetes or diabetes compared to other tests.
Participants in the study were defined as having prediabetes or diabetes based on a gold standard test. They were first tested using the Hemoglobin A1C test. After fasting for 12 hours, they returned on a separate day and were tested using a fasting method.
Based on the results, researchers urge that a nonfasting one-hour glucose challenge test, or a random glucose, may be promising methods for identifying children with prediabetes or diabetes.
"Other pediatric organizations, like the American Academy of Pediatrics, have not endorsed the use of HbA1c yet. However, there is concern that should they endorse it, more and more providers would use these testing methods, leading to an increase in missed diagnoses in the pediatric population," says Lee.
Researchers intend to use their data to drive future recommendations about screening for diabetes.
"We are currently studying whether the promising nonfasting tests, including the 1-hour glucose challenge test or the random glucose, could be used in combination with clinical characteristics to better identify which children have prediabetes or diabetes," says Lee.
###
Additional Authors: Achamyeleh Gebremariam, M.S, En-Ling Wu, B.A., Jennifer LaRose, B.S., James G. Gurney, Ph.D.
Citation: doi
Disclosures: None.
[ | E-mail | Share ] ?
AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
Public release date: 21-Nov-2011 Share ] Contact: Lauren McLeod
lemcleod@med.umich.edu
734-764-2220
University of Michigan Health System
In 2009, the American Diabetes Association (ADA) recommended that Hemoglobin A1c be exclusively used for the diagnosis of diabetes in children. The simple test measures longer-term blood sugar levels -- without requiring patients to fast overnight. However, a new U-M study has shown that these tests are not very accurate in children.
"We found that Hemoglobin A1c is not as reliable a test for identifying children with diabetes or children at high risk for diabetes compared with other tests in children," says Joyce M. Lee, M.D., M.P.H., lead author of the study and a pediatric endocrinologist at U-M's C.S. Mott Children's Hospital. "In fact, it failed to diagnose two out of three children participating in the study who truly did have diabetes."
Although tests that require patients to fast are the most accurate tests, they are difficult to obtain in clinical practice, highlighting the need for improved nonfasting testing strategies.
Due in part to high rates of childhood obesity, the Centers for Disease Control estimates that approximately 2.5 million children in the U.S. currently qualify for diabetes screening.
The study, published online ahead of print in the journal Diabetes Care, tested 254 overweight children using both fasting and non-fasting methods. Researchers found that the recommended test, Hemoglobin A1c, missed more cases of pre-diabetes or diabetes compared to other tests.
Participants in the study were defined as having prediabetes or diabetes based on a gold standard test. They were first tested using the Hemoglobin A1C test. After fasting for 12 hours, they returned on a separate day and were tested using a fasting method.
Based on the results, researchers urge that a nonfasting one-hour glucose challenge test, or a random glucose, may be promising methods for identifying children with prediabetes or diabetes.
"Other pediatric organizations, like the American Academy of Pediatrics, have not endorsed the use of HbA1c yet. However, there is concern that should they endorse it, more and more providers would use these testing methods, leading to an increase in missed diagnoses in the pediatric population," says Lee.
Researchers intend to use their data to drive future recommendations about screening for diabetes.
"We are currently studying whether the promising nonfasting tests, including the 1-hour glucose challenge test or the random glucose, could be used in combination with clinical characteristics to better identify which children have prediabetes or diabetes," says Lee.
###
Additional Authors: Achamyeleh Gebremariam, M.S, En-Ling Wu, B.A., Jennifer LaRose, B.S., James G. Gurney, Ph.D.
Citation: doi
Disclosures: None.
[ | E-mail | Share ] ?
AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
Source: http://www.eurekalert.org/pub_releases/2011-11/uomh-ada112111.php
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WASHINGTON (AP) ? Regulators on Friday closed small banks in Iowa and Louisiana, lifting to 90 the number of bank failures in the U.S. this year.
The number of closures has fallen sharply this year as banks have worked their way through the bad debt accumulated in the recession. By this time last year, regulators had shuttered 149 banks.
The Federal Deposit Insurance Corp. seized Polk County Bank, based in Johnston, Iowa, with $91.6 million in assets and $82 million in deposits. It also closed Central Progressive Bank, based in Lacombe, La., with $383.1 million in assets and $347.7 million in deposits.
Grinnell State Bank, based in Grinnell, Iowa, agreed to assume the deposits as well as the loans and other assets of Polk County Bank. New Orleans-based First NBC Bank agreed to acquire all the deposits and $354.4 million of the assets of Central Progressive Bank.
The failure of Polk County Bank is expected to cost the deposit insurance fund $12 million; that of Central Progressive Bank is expected to cost $58.1 million.
Polk County Bank was the first bank in Iowa to fail this year, while Central Progressive Bank was the first Louisiana lender to fail this year.
In all of 2010, regulators seized 157 banks, the most in any year since the savings and loan crisis two decades ago. Those failures cost around $23 billion. The FDIC has said 2010 likely was the high-water mark for bank failures from the Great Recession.
In 2009, there were 140 bank failures that cost the insurance fund about $36 billion, a higher price tag than in 2010 because the banks involved were bigger on average. Twenty-five banks failed in 2008, the year the financial crisis struck with force; only three were closed in 2007.
From 2008 through 2010, bank failures cost the fund $76.8 billion. The FDIC expects failures from 2011 through 2015 to cost $19 billion.
The deposit insurance fund fell into the red in 2009. With failures slowing, the FDIC's fund balance turned positive in the second quarter of this year; it stood at $3.9 billion as of June 30.
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CAIRO?? Over 50,000 Egyptian protesters flocked to Cairo's Tahrir Square Friday to pressure the military government to transfer power to elected civilian rule, after the cabinet tried to enshrine the army's role in a constitutional proposal.
The protesters sang religious chants before Friday prayers, while others handed out fliers demanding the withdrawal of the constitutional proposal and presidential elections be held no later than April 2012.
"Does the government want to humiliate the people? The people revolted against Mubarak and they will revolt against the constitution they want to impose on us," a member of an orthodox Islamic Salafi group cried out over loud speakers, to the cheers of thousands of protesters.
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"Down to military rule" and "No to making the army a state above the state" were some of the chants echoing across Tahrir Square.
Except for the preponderance of bearded men and veiled women typical of strict Islamists, the mass rally recalled the demonstrations in Tahrir Square during the 18-day bloody uprising that toppled President Hosni Mubarak on Feb. 18.
The rally was dominated by the country's most organized political group, the Muslim Brotherhood.
Story: Clashes along Egypt Christian march injure 29It was called to protest a document floated by the government that declares the military the guardian of "constitutional legitimacy," suggesting the armed forces could have the final word on major policies.
The Brotherhood says the document reinforces "dictatorship," and has promised an escalation if it is not shelved.
Organizers said Friday's rally was an attempt to put "the revolution back on track."
Story: Egypt in uproar after blogger posts nude photosOther groups such as the April 6 movement are demanding a timetable for the end of military rule that began after Mubarak was deposed.
A military source said on Friday that the army would hand power to a civilian government in 2012, without giving a exact date.
Deputy Prime Minister Ali al-Silmi showed a constitutional draft to political groups earlier this month that would give the army exclusive authority over its internal affairs and budget.
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But negotiations over the plan between the government and Islamists and liberals have broken down, prompting political parties and democracy campaigners to protest.
"The protest ... is to reclaim power from the army and oppose Silmi's document," said Mohamed Fathi from the youth group the Front to Protect the Revolution.
In Tahrir Square, US not as hated anymoreAny extended protest by demonstrators camping in Tahrir Square could potentially destabilize preparations for a parliamentary vote due on November 28.
Political groups have demanded the military council announce a clear timetable for handing power over to an elected civilian government with a deadline for presidential elections no later than April 2012.
Salafi parties and movements who follow strict Islamic teachings were the earliest to galvanize support for the Friday protest, with the Muslim Brotherhood and a number of liberal parties following suit.
Thousands of Salafi protesters arrived in Cairo from different parts of the country, many waving flags and singing the national anthem while youth groups guarded entrances to the square to prevent thugs from slipping through.
"We came by bus from the Nile Delta. We have been called to come and show our refusal of army rule and support of civilian rule," said Mohamed Ali, a member of the Salafi Al-Asalah party.
In the port city of Alexandria, thousands of Islamists and youth groups also held a rally and planned to head to a military base in a show of protest against the army.
"We went down to demand change but they removed Mubarak and brought the Field Marshal," protesters in Alexandria chanted, referring to Mubarak's former defense minister who now heads the military council that is supposed to guide Egypt to democracy.
Thousands also gathered in the Northern Sinai and Upper Egypt regions to protest but they called for an Islamic state, not a civilian state, the demand of protesters in the capital and Alexandria.
The Associated Press and Reuters contributed to this report.
Source: http://www.msnbc.msn.com/id/45352471/ns/world_news-mideast_n_africa/
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The Indian authorities have put on hold a plan to relocate wild elephants in the southern state of Karnataka.
This follows a court instruction to the government to seek advice from experts in India and Africa before moving up to 30 elephants from two districts.
Farmers have been protesting against growing attacks by the elephants. Two people have died in the attacks.
The court said the animals should live in their natural habitat and it is up to humans to adjust.
The government had planned to relocate between 25 and 30 elephants from the districts of Hassan and Kodagu, some 225km (139 miles) from the capital, Bangalore.
Forest officials had planned to capture the elephants and move them to the Bandipur-Nagarhole forest area in the state.
Wildlife groups had opposed the government's move, saying it was not a solution to man-animal conflict.
"Elephants are very sensitive and cannot be moved from their natural habitat. They will go astray if they are moved to another area," Yelappa Reddy, a former forest official, said.
One of the main reasons for the degradation of forests in India was the illegal felling of trees and removal of firewood by villagers, forcing animals to move out of their habitat.
Source: http://www.bbc.co.uk/go/rss/int/news/-/news/world-asia-15786974
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John Boehner hosts Small Things Considered:
This just in: Evidence for Impeachment -- Obama's Irish heritage wasn't his great, great, great grandfather -- but actually only his great, great grandfather.
In the second part of the hour, Wayne LaPierre, Head of the NRA, discusses the advantages of women's derringers and when it's acceptable to use a surface to air missile.
Car Talk is replaced by Private Plane Party
Dick Cheney & Donald Rumsfeld fly over traffic jams in a G-Five and snicker at poor people.
Wait, wait don't torture me.
Huge laughs take place as advanced interrogation techniques are used on liberals and a variety of political prisoners.
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Follow Rob Taub on Twitter: www.twitter.com/robmtaub
Source: http://www.huffingtonpost.com/rob-taub/what-would-happen-if-repu_b_1096373.html
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Source: http://www.msnbc.msn.com/id/3036697/vp/45346075#45346075
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Mercury News reports the US Federal Government has shut down "dozens" of online mortgage scammers from using Google AdWords as a way to attract new victims.
This comes month after Google settled with the US to pay $500 million for illegal ads.
According to the US government, Google has since disabled 500 advertisers from using AdWords after the government closed down dozens of advertisers.
"Google should never have published these ads, but its executives turned a blind eye to these fraudsters for far too long because of the substantial revenue such advertising generates," said Consumer Watchdog's John Simpson, a frequent critic of the company.
Forum discussion at WebmasterWorld.
Image Credit: Kitch Bain / ShutterStock.
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Computational modeling that examines evidence of how hominin groups evolved culturally and biologically in response to climate change during the last Ice Age also bears new insights into the extinction of Neanderthals. Details of the complex modeling experiments conducted at Arizona State University and the University of Colorado Denver will be published in the December issue of the journal Human Ecology, available online Nov. 17.
"To better understand human ecology, and especially how human culture and biology co-evolved among hunter-gatherers in the Late Pleistocene of Western Eurasia (ca. 128,000-11,500 years ago) we designed theoretical and methodological frameworks that incorporated feedback across three evolutionary systems: biological, cultural and environmental," said Michael Barton, a pioneer in the area of archaeological applications of computational modeling at Arizona State University.
"One scientifically interesting result of this research, which studied culturally and environmentally driven changes in land-use behaviors, is that it shows how Neanderthals could have disappeared not because they were somehow less fit than all other hominins who existed during the last glaciation, but because they were as behaviorally sophisticated as modern humans," said Barton, who is lead author of the published findings.
The paper "Modeling Human Ecodynamics and Biocultural Interactions in the Late Pleistocene of Western Eurasia" is co-authored by Julien Riel-Salvatore, an assistant professor of anthropology at the University of Colorado Denver; John Martin "Marty" Anderies, an associate professor of computational social science at ASU in the School of Human Evolution and Social Change and the School of Sustainability; and Gabriel Popescu, an anthropology doctoral student in the School of Human Evolution and Social Change at ASU.
"It's been long believed that Neanderthals were outcompeted by fitter modern humans and they could not adapt," said Riel-Salvatore. "We are changing the main narrative. Neanderthals were just as adaptable and in many ways, simply victims of their own success."
The interdisciplinary team of researchers used archeological data to track behavioral changes in Western Eurasia over a period of 100,000 years and showed that human mobility increased over time, probably in response to environmental change. According to Barton, the last Ice Age saw hunter-gathers, including both Neanderthals and the ancestors of modern humans, range more widely across Eurasia searching for food during a major shift in the Earth's climate.
The scientists utilized computer modeling to explore the evolutionary consequences of those changes, including how changes in the movements of Neanderthals and modern humans caused them to interact ? and interbreed ? more often.
According to Riel-Salvatore, the study offered further evidence that Neanderthals were more flexible and resourceful than previously assumed.
"Neanderthals had proven that they could roll with the punches and when they met the more numerous modern humans, they adapted again," Riel-Salvatore said. "But modern humans probably saw the Neanderthals as possible mates. As a result, over time, the Neanderthals died out as a physically recognizable population."
To reach their conclusion, the researchers ran a computer program for the equivalent of 1,500 generations showing that as Neanderthals and modern humans expanded their yearly ranges, the Neanderthals were slowly absorbed by more numerous modern humans until they had disappeared as a recognizable population.
"We tested the modeling results against the empirical archaeological record and found that there is evidence that Neanderthals, and moderns, did adapt their behaviors in the way in which we modeled," explained Barton. "Moreover, the modeling predicts the kind of low-level genetic admixture of Neanderthal genes that are being found in the newest genetic studies just now being published.
"In other words, successful behavioral adaptations to severe environmental conditions made Neanderthals, and other non-moderns about whom we know little, vulnerable to biological extinction, but at the same time, ensured they made a genetic contribution to modern populations," Barton said.
The authors noted that "the methods we illustrate here offer a robust, new framework in which researchers can begin to examine the effects that such invisible characteristics could have on the observable record."
"The kind of modeling we did in this research is very new in paleoanthropology, as is the continental scope of the archaeological analysis we used to test the model results," noted Barton.
"However, such computational modeling can refine our understanding of long-term human impact on the environment that can help inform land-use decisions for our future," said Barton, who also is co-director of ASU's Center for Social Dynamics and Complexity, which leverages the emerging field of complex systems to foster interdisciplinary research on fundamental questions of social life.
The research presented in Human Ecology was supported in part by the National Science Foundation, a Fulbright Senior Research Fellowship and a Fulbright Graduate Student Fellowship.
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Arizona State University: http://asunews.asu.edu/
Thanks to Arizona State University for this article.
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