মঙ্গলবার, ৩১ জানুয়ারী, ২০১২

CSN: Allen new face of Raiders franchise

January 30, 2012, 2:09 pm

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Dennis Allen looked and acted on Monday like a guy who knows his boss has his back. That?s confidence in a way that merely saying the word ?confidence? cannot.

He also looked like a man who wants command, who has thought about command, and sees that being the new coach of the Oakland Raiders is, for the first time in nearly half a century, a true chance to command.

And he also looked, at least facially, like Washington?s Kyle Shanahan, which should not unnerve you too much. Most young football coaches tend to look like Kyle Shanahan.

Mostly, Allen gave off the vibe of someone who is not going into this Raider thing blind. He knows he has been brought to Le Trou Noir to be definitive rather than deferential. His bearing and accent say ?Texas A&M,? and his complete surety shouts, ?Go on, test me. I dare you.?

This, then, is the new face of the Oakland Raiders -- a man like McKenzie, only without the rounded edges. They were brought here under separate cover to change what the Raiders have come to be known for --? underachievement, indiscipline, failure in moments of stress and overall playoff avoidance.

Oh, he used all the buzzwords -- ?up-tempo? and ?aggressive? and ?disciplined,? most notably, as though most coaches come out in favor of slow, passive sloth.

But it was the specificity of his answers on certain topics that leaped out as coming from a guy who has already seized the job.

He knows what kind of coach he would be -- a game manager, not a hands-on-too-tight play-by-play detail hog. He knows his view of talented but undisciplined players -- they wouldn?t play. He knows one area he needs to dramatically improve off the bat -- the secondary, which was shredded for nearly 4,300 yards and 31 scores last year.

And he paid as much attention to acknowledging the Raiders? past as he needed to, and not beyond. He regards it, pure and simple, as far less important than establishing a strong and sensible future.

That came in response to a question from a fan, an odd idea that we suspect will be imitated by other teams in the years to come. Allen handled it with the same shark-eyed, jut-jawed glare that he handled all the others.

He is, in short, the first coach since Al Davis in 1963 to speak so frankly of command, and if in fact he backs up his image and words with deeds come OTAs and training camp, and the players realize how dramatic the change is from the weird old days, he will in fact be that commander.

Of course, the proof is in the two-a-days, and it helps that he got to see the Raiders in person at their best (when they sat on the Broncos in Week One by not allowing them to run the ball) and worst (when they went in the tank in Week 9, blowing two 10-point leads and giving up 100-yard games to Willis McGahee and The Tebow).

In doing so, he saw why the Raiders can impress, and why they are held in such disdain when they don?t. And even if he wasn?t making notes on the Raiders after those two games, he surely has since.

None of this, of course, gets him Win 1, but as the living embodiment of the new power washer being taken to the Raiders, he?ll do fine. It is instructive that owner Mark Davis read a brief introduction and then left the stage to McKenzie and Allen. Not only did Al never do that, most owners don?t. They want you to know that they own the team and that their word is law. Davis wanted to leave the absolute opposite impression, so he left.

The result of this, we suspect, is that a lot of players will find Allen?s style of leadership off-putting, and will miss the old laissez-faire days when the players held the hammer because they had better access to Al than the coach did. Some may even resist, or rebel.

But as we said, Allen is McKenzie?s guy, and McKenzie has the keys. Whether this lasts four years, the length of Allen?s contract, remains to be seen, but he won?t be able to say, as so many have before him, that he wasn?t given the chance to be his own man.

And that is very un-Raider-like indeed.

Ray Ratto is a columnist for CSNBayArea.com.

Source: http://www.csnbayarea.com/blog/raiders-talk/post/Make-no-mistake-Allen-new-face-of-Raider?blockID=641286&feedID=8349

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Lawmakers reach agreement on $63 billion FAA bill (AP)

WASHINGTON ? Lawmakers say they've reached an agreement on a $63 billion, four-year bill to extend the Federal Aviation Administration's operating authority and the agency's air traffic modernization effort.

The House Transportation and Infrastructure Committee said in a statement that the bill provides the long-term stable funding the FAA needs as it transitions from an air traffic control system that's based on World War II-era technology to one based on GPS technology.

Rep. John Mica, a Florida Republican and chairman of the committee, said the negotiated agreement will also help the 8 percent of the economy that's impacted by the aviation industry.

FAA's operating authority expired in 2007. It has continued to limp along under a series of 23 short-term extensions. The most recent extension expires Feb. 17.

Source: http://us.rd.yahoo.com/dailynews/rss/uscongress/*http%3A//news.yahoo.com/s/ap/20120131/ap_on_go_co/us_faa_bill

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Shy?m NRJ Music Awards Fashion FAIL

Shy’m NRJ Music Awards Fashion FAIL deserves all caps because it is one of the worst fashion disasters I have seen in a LONG time. I almost have no words. Almost. Someone was not hugged enough as a child and is now craving some serious attention. I am all for being sexy but this looks like crap. She is wearing a towel wrapped around a fiberglass body. And are the nipple molds really necessary? What do they add to this outfit? Who designed this? Black Swan gone wrong. Very, very wrong. But hey, she got her 15 minutes and now people over here in the good ol’ US of A know who Shy’m is. Photos: www.wenn.com/Marta Szczesniak/Pat Denton

Source: http://feedproxy.google.com/~r/RightCelebrity/~3/sEDWPbXInI8/

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State of the Union speech, as heard by China, India, France, Israel...

State of the Union coverage in the world's newspapers says as much about the specific concerns of other countries as it does about what President Obama actually said.

When journalists from around the world report on a speech by a sitting US president ? such as President Obama?s state of the union speech last night ? they do so with their own particular reading public in mind. The effect, for a global reader, can be confusing. Did Mr. Obama really say all of this in one speech?

Skip to next paragraph

For Chinese readers, Obama is reported to have boasted that the US is not, repeat not, declining.

For Indian readers, Obama promised to take on China and other nations that were engaged in theft of US intellectual property.

For Israelis, Obama promised an ?ironclad? commitment to the state of Israel, as well as promises to prevent Iran from obtaining nuclear weapons.

For South Africans, Obama gave a feisty speech, but was largely ignored by a Republican Congress who headed for the exits.

For the French, Obama was announcing his roadmap for reelection, while for the British he gave a populist speech promising a fairer America.

From a closer reading of his one hour and six minute speech, Mr. Obama does appear to have said all of these things, and a few more. But the fact that the press in each country has its own idea of what is newsworthy in a state of the union should not be surprising. It speaks volumes about how US foreign and economic policy affects that country, for better or worse.

China?s interest in America?s future makes sense. China is the US?s second-largest trading partner, and America?s ability to kickstart its economy is crucial for China?s own prosperity. US economic weakness is bad for Chinese business.

Small wonder, then, that the China Daily ? Beijing?s main English-language newspaper ? focused its attention on Obama?s confident statement, ?The renewal of American leadership can be felt across the globe."

"Anyone who tells you otherwise, anyone who tells you that America is in decline or that our influence has waned, doesn't know what they're talking about," he said in his prime-time address.

Indian papers, meanwhile, saw in Obama?s tough words against intellectual piracy a reflection of its own rivalry with China. Both India and China have emerged as new economic and manufacturing bases, as more established economic powers in Europe and the America?s have slowed down. Both India and China have been competing for business and for resources in Africa, and both see themselves as the voice of the world?s impoverished, symbolized in their membership in the BRICS group of new economic powers (including Brazil, Russia, India, China, and South Africa).

But for India and China, power is a zero-sum game, and India revels in any sign of trouble for China.

Source: http://rss.csmonitor.com/~r/csmonitor/globalnews/~3/PrJgVaIgypk/State-of-the-Union-speech-as-heard-by-China-India-France-Israel

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Police focus on SUV in fatal N. Calif. train crash (AP)

SACRAMENTO, Calif. ? Investigators on Sunday were trying to determine what motivated the driver of a sport utility vehicle to ignore a downed crossing arm and flashing lights and pull the vehicle into the path of an oncoming commuter train in Sacramento.

Three died after the Saturday afternoon collision south of downtown, including a 21-month-old boy.

One of the four people inside the Nissan Pathfinder remained in the hospital Sunday at the University of California, Davis Medical Center in Sacramento, where she was being treated for serious injuries.

Authorities also were trying to sort out the relationships of those involved and were not releasing their identifications.

In addition to the toddler, the dead included a 25-year-old woman and a 62-year-old man, who was ejected from the Pathfinder when it was struck by the southbound light rail train traveling at 55 mph shortly after 4 p.m. The impact pushed the SUV about 30 yards down the track and flipped it.

Officer Laura Peck, a spokeswoman for the Sacramento Police Department, said the woman taken to the hospital was the man's wife.

Investigators and officials with the Sacramento Regional Transit District said video from cameras mounted on the intersection showed the SUV drive around the crossing arms just before impact. That video and other pictures captured by a camera mounted on the train are part of the investigation and were not being released publicly, Peck said.

Witness accounts appear to support the video evidence that the crossing arms were down and warning lights were flashing when the SUV tried to get across the tracks.

Davis resident Ravin Pratab, 42, was in a car that was waiting to cross the tracks when he said he heard a loud bang and then "saw a light-rail train heading south with a big truck smashed on it."

Authorities said six of the roughly 50 passengers on the light rail train were taken to local hospitals but had only minor injuries.

On Sunday, the tracks were cleared and the intersection was open, with no sign of the previous day's collision. A white teddy bear was placed at the base of the pole holding the crossing arm, on the same side of the tracks where the SUV had been before it attempted to cross.

Regional transit officials said trains were operating on their regular schedule after a section of track was repaired Saturday night.

One question investigators are trying to answer is the length of time the crossing arms were down. The light rail train passed through the intersection after two Union Pacific freight trains, going in opposite directions and using different tracks, had passed by.

Neither Peck nor a spokeswoman for the transit district said they knew the length of the interval between the time the freight trains cleared the intersection and the commuter line came through. The light rail system has its own dedicated tracks.

Drivers in Sacramento often can wait up to 10 minutes for a freight train to pass, then might have to wait several minutes more because of an approaching light rail train. The extended wait times can be a source of irritation ? and missed appointments ? in California's capital.

Alane Masui, a spokeswoman for the Sacramento Regional Transit District, said Sunday that determining the length of time the crossing arms were down and the interval between the trains was part of the ongoing investigation.

Sacramento's light rail system, started in 1987, carries an average of 50,000 passengers a day. On weekdays, it's packed with those commuting between the suburbs and state government jobs downtown.

Masui could not immediately say whether Saturday's collision was the deadliest in the system's history or how many collisions between light rail trains and vehicles had occurred in the past.

Source: http://us.rd.yahoo.com/dailynews/rss/us/*http%3A//news.yahoo.com/s/ap/20120130/ap_on_re_us/us_suv_light_rail_crash

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সোমবার, ৩০ জানুয়ারী, ২০১২

Karen Dalton-Beninato: Brad Pitt and the Business of Making it Right ...

"Blogger Karen Dalton-Beninato sent me this beautiful picture of the project Brad Pitt is working on..."

Five years ago, Arianna Huffington posted my husband's photo of pink tents in a planned green community in New Orleans. That was two years post Hurricane Katrina levee failures, and it often felt like New Orleans was stuck in neutral.

It was 2007 and the 9th Ward still looked like an overgrown prairie strewn with concrete slabs, all that was left of most houses near the Industrial Canal. Residents were coming back to FEMA trailers, if they could get one, and gutted out homes. In the years since then, Make It Right NOLA has assembled a living study in sustainable architecture for returning residents.

"After Hurricane Katrina, many people said the Lower 9th Ward could not be rebuilt, but the spirit of the Lower Ninth and its residents is vibrant and resilient," Brad Pitt recently said through his Foundation. "Today, the neighborhood is growing and alive with new homes, playgrounds, gardens and block parties. With the help of generous partners like Hyatt, Make It Right will fulfill our goal of building 150 sustainable homes for those in this community who lost everything in the storm." Pitt is hosting a March 10th MIR benefit at the newly reopened Hyatt Regency in New Orleans, and the Hyatt is underwriting the cost of the event so all proceeds go to rebuilding.

Why the focus on New Orleans, and Pitt and Jolie's move to the French Quarter? Robert Kinney described it as well as anyone in his 1941 guidebook, The Bachelor in New Orleans: "New Orleans is the lotus land, to which all travelers return - once visited, it haunts you, calling your blood always."

"I'm from New Orleans, I love New Orleans and I love that Make It Right continues to help the people there rebuild their beautiful city," event co-chair Ellen DeGeneres said of the project. "Brad Pitt is amazing - not only for what he started, but also because, who else can make a hard hat look like a jaunty fall fashion accessory?"

DeGeneres will be joining my friend Mac Rebennack a/k/a Dr. John, and other NOLA natives Wendell Pierce and Mayor Mitch Landrieu at the benefit. And they will be joined by Seal, Rihanna, Sheryl Crow, Randy Jackson, Josh Brolin, Chris Paul, Djimon Hounsou, Spike Lee, Blake Lively, Sean Penn, and Kevin Spacey, with dinner prepared by chefs John Besh, Giada DeLaurentiis and Emeril Lagasse. Aziz Ansari of Parks and Recreation is hosting the after-party. With all the celebrities expected, it would probably be shorter to list who's not coming.

The event will sprint the project to its final goal of 150 platinum LEED certified homes in its 16-block neighborhood, and eventually help Make it Right move into helping Pitt's home territory of Joplin, Missouri with what they've learned from rebuilding green in New Orleans.

Steve Ragan is MIR's Development Director, and he walked us through the neighborhood's homes. We started out at the one that was built to float, designed by Tom Mayne of Morphosis Architects. Modular construction was assembled at UCLA, shipped to New Orleans and reassembled as the first home in the United States permitted for a floating foundation. All the connections to utilities are flexible tubing and piping, and if the home did begin to float they would be safely cut leaving its two masts to support it, Ragan explained. "It's probably our most cutting edge design. If we opened our program up to young hipsters, it would have sold quickly." The home eventually sold to an older man who needed a smaller space than the multi-generational homes occupied by many of his neighborhood.

"The most important thing is the immediate good for people who live here," Ragan says. "Second most important is advancing construction of energy efficient homes. Third, if you can imagine, is having the final neighborhood of 150 homes designed by 21 of the greatest architects in the world. In 20 years the people who will be touring the homes hopefully won't be thinking of them as advanced technology any more, but because they're architecturally significant."

Landscaping is largely made up of indigenous plants that help soak up water. Make it Right has patented a permeable concrete with 100 percent drainage throughout the development, and Ragan pours his coffee onto the surface to show us how quickly it disappears. That drainage also helped along with gray water collected beneath the homes. One of MIR's contractor was at a funeral and thought of using concrete crypts under the residents' homes to collect gray water. It's the right size, half the cost of building a container and feels appropriate in a city where dancing at funerals is not out of the norm.

Homes are built at least 4 feet off the ground, but MIR encourages residents to go higher. Residents have skin in the game, typically paying $75,000 with the rest of the $150,000 subsidized with a forgivable mortgage. With solar panels, Energy Star appliances and every possible new green technology on hand, only two homes in the development regularly use more energy than they produce, and those are multi-generational.

"If we had not focused on one area, we would have been able to build faster but people would have been pioneers sitting on their own," Ragan said. He's seen the crawfish boils, family reunions and arrivals of other developers as the area came to life. The 9th Ward was at 80 percent home ownership before Katrina, families who had lived there before the Industrial Canal was built and passed their homes down through generations. Some former residents are now back home, with green rooftop decks offering a view across the river.

"Homeowners choose their home as long as it's something that through our assistance they can afford. They're treated with the same respect, able to make the same decisions about design as a private developer would," Ragan said. "You can see some differences between first of the homes and later. We've managed as we've gone along with every iteration of homes to increase energy efficiency and lower costs. It's great when you can get an academic architect to take pause and say, 'how did you do that?"

It's something to see, and the visitors are coming in ever-increasing numbers. "I counted tour buses one day, and we were at 48," Ragan said. That number will only grow, with the Hollywood of the South bringing even more tourists to New Orleans. The Pugh Scarpa home we walked through had far more natural light than you would expect from the exterior view. Window direction adds to passive heating and cooling technologies, much like early Creole homes in the French Quarter. In the morning, the home is flooded with light. But by afternoon, the side with fewer windows, all hurricane resistant, cools the home down. Wireless lighting systems save on wiring costs, and directed vents at the top of the wall where hot air rises help cool the house faster. The architects are clearly familiar with Louisiana summers. Floors are reclaimed pine, and all the paint in the home is VOC-free. "We haven't had hard data, but anecdotally children who suffer from asthma have fewer problems once they move in." Architects meet with stakeholders early on, and the project has focused on residents who had lived in the Lower 9th Ward. One of the main design alterations requested has been larger porch and terrace areas for neighborhood socializing.

"I just love to come out here on a Saturday," Ragan said. "You've got construction crews working, you've got homeowners socializing, this neighborhood has come back to life. Architects talk about how architecture engages people. Tourists come outside, and a homeowner will come out and start explaining the home to them. Then another will come out and say, let me tell you about mine."
Plantings and mulch are available to community members. And the Make it Right playground, made of recycled materials, has wi-fi installed so children can compete with children in a playground on the other side of the world with the same system installed. Bayou Bienvenue backs up to the development, but its original cypress trees were killed off years ago as canals brought saltwater intrusion from the Gulf to the city. An older man walks up and reminisces about the years when the bayou was fresh water and the cypress trees grew. He talks about trapping and walking through the bayou, pointing to the stumps that now exist.

We meet Robert Green, a Make it Right resident and its unofficial ambassador. "I've been fortunate enough to be here when most people come by," he said. Green asked for the Waiting for Godot sign from the 9th Ward production starring Pierce, so the front of his house greets visitors with words by Samuel Beckett. Green often takes people into his home to show them construction, which he's proud of. His was the second lot in the program, and he bought the adjacent lot through the city's Lot Next Door program. He's considered putting in a gazebo.

Green was sent back from the Superdome when they couldn't offer adequate help to his mother who had Parkinson's Disease. So the family returned home, and the next day the water started rising. Green saved two of his granddaughters, but he lost his mother and granddaughter in the floodwaters that came through the broken levee on August 29, 2005. A marker for each rests in front of his home, under his Waiting for Godot sign.

A country road. A tree. Evening.


Details on A Night to Make It Right are available at: nighttomakeitright.com

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Source: http://www.huffingtonpost.com/karen-daltonbeninato/brad-pitt-and-the-busines_b_1239228.html

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EU leaders to agree on permanent bailout fund (Reuters)

BRUSSELS (Reuters) ? EU leaders will sign off on a permanent rescue fund for the euro zone at a summit on Monday and are expected to agree on a balanced budget rule in national legislation, with unresolved problems in Greece casting a shadow on the discussions.

The summit - the 17th in two years as the EU battles to resolve its sovereign debt problems - is supposed to focus on creating jobs and growth, with leaders looking to shift the narrative away from politically unpopular budget austerity.

The summit is expected to announce that up to 20 billion euros ($26.4 billion) of unused funds from the EU's 2007-2013 budget will be redirected toward job creation, especially among the young, and will commit to freeing up bank lending to small- and medium-sized companies.

But discussions over the permanent rescue fund, a new 'fiscal treaty' and Greece will dominate the talks.

Negotiations between the Greek government and private bondholders over the restructuring of 200 billion euros of Greek debt made progress over the weekend, but are not expected to conclude before the summit begins at 9:00 a.m. EST.

Until there is a deal between Greece and its private bondholders, EU leaders cannot move forward with a second, 130 billion euro rescue program for Athens, which they originally agreed to at a summit last October.

Instead, they will sign a treaty creating the European Stability Mechanism (ESM), a 500-billion-euro permanent bailout fund that is due to become operational in July, a year earlier than first planned. And they are likely to agree the terms of a 'fiscal treaty' tightening budget rules for those that sign up.

PERMANENT RESCUE FUND

The ESM will replace the European Financial Stability Facility (EFSF), a temporary fund that has been used to bail out Ireland and Portugal and will help in the second Greek package.

Leaders hope the ESM will boost defenses against the debt crisis, but many - including Italian premier Mario Monti, IMF chief Christine Lagarde and U.S. Treasury Secretary Timothy Geithner - say it will only do so if its resources are combined with what remains in the EFSF, creating a super-fund of 750 billion euros ($1 trillion).

The International Monetary Fund says an agreement to increase the size of the euro zone 'firewall' will convince others to contribute more resources to the IMF, boosting its crisis-fighting abilities and improving market sentiment.

But Germany is opposed to such a step.

Chancellor Angela Merkel has said she will not discuss the issue of the ESM/EFSF's ceiling until leaders meet for their next summit in March. In the meantime, financial markets will continue to fret that there may not be sufficient rescue funds available to help the likes of Italy and Spain if they run into renewed debt funding problems.

"There are certainly signals that Germany is willing to consider it and it is rather geared toward March from the German side," a senior euro zone official said.

The sticking point is German public opinion which is tired of bailing out the euro zone's financially less prudent. Instead, Merkel wants to see the EU - except Britain, which has rejected any such move - sign up to the fiscal treaty, including a balanced budget rule written into constitutions. Once that is done, the discussion about a bigger rescue fund can take place.

After nearly three years of crisis, some economists believe the combination of tighter budget rules, a bigger bailout fund and a commitment to broader structural reforms to boost EU productivity could help the region weather the storm.

"The fiscal compact and the ESM will shape a better future," said Carsten Brzeski, a euro zone economist at ING.

"Combined with ongoing austerity measures and structural reforms in peripheral countries, and, of course, with a lot of ECB action, the euro zone could master this stage of the crisis."

Economists say the pivotal act in recent months was the European Central Bank's flooding of the banking sector with cheap three-year money, a measure it will repeat next month.

GREEK DEAL?

While EU leaders are managing to put together pieces of legislation and financial barriers that might help them stave off a repeat of the debt crisis, immediate concerns - especially over Greece and potentially Portugal - remain.

By far the most pressing worry is the seven-month-long negotiation over private sector involvement in the second Greek rescue package. A deal in the coming days may help restore investor confidence, although Greece will still struggle to reduce its debts to 120 percent of GDP by 2020 as planned.

"If there is a deal, the heads of state and government can endorse it, welcome it and say that now it is up to Greece to agree to and deliver on reforms to get the second financing package," the euro zone official said.

Negotiators believe they have until mid-February to strike a deal. Failure to do so by then would likely force Greece to miss a 14.5 billion euro repayment on its debt due in mid-March.

Even if Athens can strike a deal with private bondholders to accept a 50 percent writedown on the nominal value of their bonds, it may still not be enough to close Greece's funding gap.

The IMF has suggested it may be necessary for public sector holders of Greek bonds - including the ECB and national central banks in the euro zone - to write off some of their holdings in order to close the gap.

Such a move would not necessarily involve the ECB or national central banks incurring losses, they would just be expected to forego any profit on the bonds they have bought.

But German ECB board member Joerg Asmussen told Reuters there was no possibility of the ECB taking part in the private-sector restructuring of Greece's debt.

(Reporting By Jan Strupczewski, editing by Mike Peacock)

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/nm/20120130/bs_nm/us_eu_summit

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রবিবার, ২৯ জানুয়ারী, ২০১২

Boxx Electric Bike Takes Its Design Stylings From IKEA's Packaging [Bikes]

The limited capacity of batteries has made aerodynamics particularly important for extending the range of electric vehicles. So why have the makers of the Boxx electric bike completely thrown those principles out the window with their box on wheels? More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/Q0nR1cvrQGk/boxx-electric-bike-takes-its-design-stylings-from-ikeas-packaging

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শনিবার, ২৮ জানুয়ারী, ২০১২

Emblems of Awareness

This article is part of Demystifying the Mind, a special report on the new science of consciousness. The next installments will appear in the February 25 and March 10 issues of Science News.

Humankind?s sharpest minds have figured out some of nature?s deepest secrets. Why the sun shines. How humans evolved from single-celled life. Why an apple falls to the ground. Humans have conceived and built giant telescopes that glimpse galaxies billions of light-years away and microscopes that illuminate the contours of a single atom. Yet the peculiar quality that enabled such flashes of scientific insight and grand achievements remains a mystery: consciousness.

Though in some ways deeply familiar, consciousness is at the same time foreign to those in its possession. Deciphering the cryptic machinations of the brain ? and how they create a mind ? poses one of the last great challenges facing the scientific world.

For a long time, the very question was considered to be in poor taste, acceptable for philosophical musing but outside the bounds of real science. Whispers of the C-word were met with scorn in polite scientific society.

Toward the end of the last century, though, sentiment shifted as some respectable scientists began saying the C-word out loud. Initially these discussions were tantalizing but hazy: Like kids parroting a dirty word without knowing what it means, scientists speculated on what consciousness is without any real data. After a while, though, researchers developed ways to turn their instruments inward to study the very thing that was doing the studying.

Today consciousness research has become a passion for many scientists, and not just for the thrill of saying a naughty word. A flood of data is sweeping brain scientists far beyond their intuitions, for the first time enabling meaningful evidence-based discussions about the nature of consciousness.

?You?re not condemned to walk around in this epistemological fog where it?s all just sort of philosophy and speculation,? says neuroscientist Christof Koch of Caltech and the Allen Institute for Brain Science in Seattle. ?It used to be the case, but now we can attack this question experimentally, using the tools of good old science to try to come to grips with it.?

Knowledge emerging from all of this work has ushered researchers into a rich cycle of progress. New experimental results have guided theoretical concepts of consciousness, which themselves churn out predictions that can be tested with more refined experiments. Ultimately, these new insights could answer questions such as whether animals, or the Internet, or the next-generation iPhone could ever possess consciousness.

Though a detailed definition remains elusive, in simplest terms, consciousness is what you lose when you fall into a deep sleep at night and what you gain when you wake up in the morning. A brain that is fully awake and constructing experiences is said to be fully conscious. By comparing such brains with others that are in altered states of awareness, researchers are identifying some of the key ingredients that a conscious brain requires.

In the hunt for these ingredients, ?we decided to go for big changes in consciousness,? says Giulio Tononi of the University of Wisconsin?Madison. He and others are studying brains that are deeply asleep, under anesthesia or even in comas, searching for dimmer switches that dial global levels of consciousness up or down.

Scrutinizing brain changes that correspond to such levels has led some scientists to a central hub deep in the brain. Called the thalamus, this structure is responsible for constantly sending and receiving a torrent of neural missives. Other clues to consciousness come from a particular kind of electrical signal that the brain produces when it becomes aware of something in the outside world. But rather than one kind of signature, or one strategic brain structure, consciousness depends on many regions and signals working in concert. The key may be in the exquisitely complicated ebb and flow of the brain?s trillions of connections.

Hub of activity

A profoundly damaged thalamus turned out to be at the center of one of the first right-to-die battles in the United States. A heart attack in 1975 left 21-year-old Karen Ann Quinlan in a nonresponsive, unconscious vegetative state for a decade. After she ultimately died of natural causes, an autopsy revealed surprising news: Quinlan?s cerebral cortex, the outer layer of the brain where thoughts are formed, appeared relatively unscathed. But the thalamus was destroyed.

The thalamus is made up of two robin?s egg?sized structures that perch atop the brain stem, a perfect position to serve as the brain?s busiest busybody. It is the first stop for many of the stimuli that come into the brain from the eyes, ears, tongue and skin. Like a switchboard operator, after gathering information from particular senses, the thalamus shoots the signals along specific nerve fibers, connecting the right signal to the right part of the brain?s wrinkly cortex.

These strong connections, along with evidence from vegetative state patients, make the thalamus a prime suspect in the hunt for the seat of consciousness. A 2010 study in the Journal of Neurotrauma, for example, found atrophy of the thalamus in people in a vegetative state.

Not only is the thalamus itself compromised, but also its connections ? white-matter tracts that carry nerve signals ? seem to be dysfunctional in people who aren?t fully conscious, researchers reported last year in NeuroImage.

?I can?t help but think there?s something fundamental about the functional circuitry,? says neuroscientist David Edelman of the Neurosciences Institute in San Diego. ?There?s a fundamental loop between ? the thalamus and the cortex. If those connections are cut or if you?ve damaged them, that individual will not be aware by any measure, forever.?

One of the most startling pieces of evidence implicating the thalamus came from a patient who had existed in a minimally conscious state for six years, drifting in and out of awareness. After surgery in which doctors implanted electrodes that stimulated his thalamus, the man began responding more consistently to commands, moved his muscles and even spoke.

But the part the thalamus plays in consciousness is not straightforward. Its role may be as complex as the intricate spidery connections linking it to the rest of the brain.

?The thalamus has two souls,? says Martin Monti, a neuroscientist at the University of California, Los Angeles. One of the souls receives information directly from the outside world, and one receives information from other parts of the brain. ?It turns out that there are many more connections going from cortex back to thalamus,? he says. ?There?s a lot of chitchat.?

This huge influx of messages from the cortex may mean that the thalamus is simply a very sensitive readout of cortical behavior, as work reported in 2007 in Anesthesiology hints.

As anesthesia took hold of participants in the study, activity in the cortex wavered, yet the thalamus kept chugging away normally for about 10 minutes. If the thalamus were the ultimate arbiter of consciousness, its behavior should have changed before that of the cortex.

Instead of being a driver, the thalamus may be a consciousness gauge. In the same way that a thermometer can tell you to grab a coat but doesn?t actually make it cold, the thalamus may tell you a person is conscious without making it so.

Reading waves

Rather than studying the thalamus, some researchers focus on long-range brain waves that ripple over the cortex. One such ripple, a fast electrical signal called a gamma wave, has garnered a lot of attention. These waves, which in some cases emanate from the thalamus, are generated by the combined electrical activity of coalitions of nerve cells behaving similarly. Gamma waves spread over the brain at about 40 waves per second; other brain waves ? such as those thought to mark extreme concentration or attention ? are slower.

Gamma waves have been spotted along with mental processes such as memory, attention, hearing noises and seeing objects. And studies have even found that the waves are present in REM sleep, the stage marked by intense dreams.

Such associations have led some researchers to propose that gamma waves bind disparate pieces of a scene, tying together the rumble of a boat?s outboard, the crisp breeze and a memory of a black lab into a unified lake experience.

But some new data call gamma waves? role in consciousness into question, by finding that the signal can be present when consciousness is not. Researchers, including Tononi, monitored electrical signals in brains of people as anesthesia took hold. When eight healthy people were anesthetized with propofol (the powerful anesthetic that Michael Jackson used to sleep), gamma waves actually increased, the team reported last year in Sleep. Consciousness was clearly diminished, yet the gamma waves persisted.

Specific brain signals, such as gamma waves, might be important aspects of consciousness, but not the main driving forces in the brain. ?I can put gamma waves into any machine,? says Tononi. But doing so won?t give the machine a conscious mind.

The same may be true for structures such as the thalamus, as well as other regions that have been scrutinized by scientists, including the parietal and frontal cortices, the reticular activating system in the brain stem and a thin sheetlike structure called the claustrum.

Increasingly nuanced views of the ingredients at work in a conscious brain have led some scientists to a new suspicion: Perhaps the thing in the brain that underlies consciousness is not a thing at all, but a process. Messages constantly zing around the brain in complex patterns, as if trillions of tiny balls were simultaneously dropped into a pinball machine, each with a prescribed, mission-critical path. This constant flow of information might be what creates consciousness ? and interruptions might destroy it.

Crucial connections

One way to look for signs of interrupted information flow is by conducting brain scans as propofol takes effect. In a study published last July in NeuroImage, 18 healthy volunteers were administered the anesthetic while in a functional MRI brain scanner. fMRI approximates a brain region?s activity by measuring blood flow: The busier the brain region, the more blood flows there.

While deeply anesthetized, some brain regions that normally operate in tandem fell out of sync, Jessica Schrouff of the University of Li?ge in Belgium and colleagues reported. Conversations within particular brain areas, and also between far-flung brain areas, fell apart.

People in vegetative states also appear to have interruptions in brain connections, M?lanie Boly of the University of Li?ge and colleagues found after comparing these patients with healthy volunteers. Participants listened to a series of tones, most of which were similar, but every so often, a strange ?oddball? tone would play, spurring a big reaction in the brain. The initial brain reaction in vegetative state patients was normal, as measured by EEG monitors.

The signal seemed to travel from the auditory regions of the brain to other areas in the cortex. But the signal stopped there. Unlike in healthy people, the pinball-like motion of information traveling from different sites in the cortex didn?t make its way back down to the auditory regions that first responded to the tone, the team reported last May in Science.

It?s not clear just what causes these disconnects. One possible culprit, as counterintuitive as it seems, may be an overload of synchrony, Gernot Supp of the University Medical Center Hamburg-Eppendorf in Germany and colleagues reported in December in Current Biology. As an anesthetic kicks in, huge swaths of the brain adopt slow, uniform behavior. This hypersynchrony, as it?s called, may be one way that anesthesia stamps out the back-and-forth of information in the brain.

Instead of just observing the brain?s behavior and inferring connectivity, Tononi, Marcello Massimini of the University of Milan in Italy and colleagues decided to manipulate the brain directly. The team figured out how to use a technique called transcranial magnetic stimulation, or TMS, to jolt a small part of the brain and monitor the resulting signals with electrodes.

?Basically you trigger a chain of reactions in the cerebral cortex,? Massimini says. ?It?s like we?re knocking on the brain with this pulse, and then we see how this knocking propagates.?

Like ripples on a pond, the reverberation from the TMS in a healthy, alert person was a complex, widely spreading pattern lasting about 300 milliseconds.

This complex entity became much simpler, though, when the brain was deeply asleep. Instead of morphing from one shape to another like a drop of food coloring that roils around in water before dissipating, the signal sits right where it started, and it fades faster, disappearing after about 150 milliseconds. The same simple pattern is found in anesthetized brains.

?If you knock on a wooden table or a bucket full of nothing, you get different noises,? Massimini says. ?If you knock on the brain that is healthy and conscious, you get a very complex noise.?

Massimini, Tononi and colleagues have recently found the same stunted response in patients in a vegetative state. The team tested five vegetative state patients, five minimally conscious patients and two people who were fully conscious but unable to move (a condition called locked-in syndrome). For the most part, locked-in patients and minimally conscious patients showed complex and long-lasting signals in the brain, similar to fully conscious people. But vegetative state patients? brains showed a brief, stagnant signal, the team reported online in January in Brain.

Such clear-cut differences in the brain could one day help in diagnosing people who have some level of consciousness but are unable to interact with doctors. When researchers performed the test on five new patients who shifted to a vegetative state in the months after coming out of a coma, three of the five regained consciousness. Before the doctors saw clinical signs of improvement, the method picked up increases in brain connectivity.

At this stage, the measurement is somewhat coarse, Massimini says. But further refinements may allow doctors to better assess levels of consciousness.

Looking at these large-scale changes in the brain may also provide some new leads to scientists puzzling over what consciousness means. Other ideas will probably come from scientists studying a different facet of consciousness: how the brain builds whole experiences out of many small pieces, such as the crisp taste of an apple, the rustle of fall leaves and a feeling of joy.

Approaching consciousness from a lot of different angles is the best bet for ultimately understanding it, says neuroscientist Anil Seth of the Sackler Centre for Consciousness Science in Brighton, England.

In the same way that ?life? evades a single, clear definition (growth, reproduction or a healthy metabolism could all apply), consciousness might turn out to be a collection of remarkable phenomena, Seth says. ?If we can explain different aspects of consciousness, then my hope is that it will start to seem slightly less mysterious that there is consciousness at all in the universe.?

Read Tom Siegfried's essay on consciousness, "Self as Symbol."



Found in: Body & Brain

Source: http://www.sciencenews.org/view/feature/id/337940/title/Emblems_of_Awareness

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2 Mexican cops charged in killing of 2 students (AP)

MEXICO CITY ? Prosecutors in southern Mexico say two state police officers have been charged in the killings of two student demonstrators during a protest last month.

Guerrero state prosecutors say the shots that killed the two students were fired from where the officers were standing.

A statement Thursday says the officers tried to hide evidence, including the clothes they were wearing that day.

Students from a rural teachers college blocked a main highway on Dec. 12 to demand more government funds for the school and battled police trying to clear it.

Source: http://us.rd.yahoo.com/dailynews/rss/mexico/*http%3A//news.yahoo.com/s/ap/20120127/ap_on_re_la_am_ca/lt_mexico_violent_protest

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Stewart J. Lawrence: Post-Florida, Expect a Nasty Dogfight for the GOP Nomination

Look at the latest GOP polls coming out of Florida. It appears that Mitt Romney is slowly pulling away from Newt Gingrich, opening up a 9-point lead in the most recent poll, with just four days left before next Tuesday's critical, winner-take-all primary.

You might think that means that Romney is also leading Gingrich nationally. You'd be wrong. Gingrich, while slipping in Florida, is actually pulling ahead of Romney. The two latest national polls have Gingrich leading by 8-9 points, a slight increase over the smaller Gingrich lead from last week.

Since state and national polling has been conducted concurrently, the difference in the results can't be attributed to a time lag. What we're seeing, instead, are sharply divergent trends at the two levels.

Why? The explanation is fairly simple. Florida, far from being a bellwether state, has unique voter demographics. And by adapting his strategy to account for these demographics, Romney has managed to gain support in Florida that he's failed to win nationally.

Which voter demographics are proving most decisive in Florida? They include:

Women. In South Carolina, where Gingrich won a commanding 12-point victory, he surprised many observers by carrying both the male and female vote. But in Florida, Romney leads Gingrich by as much as 16 points among women, according to the latest Rasmussen poll.

Latinos. Not a significant factor in South Carolina, an estimated 11-12 percent of the GOP electorate in Florida is comprised of Latinos, mostly Cuban-Americans. Romney holds a 4-3 lead over Gingrich, according to the latest Insider Advantage poll. In other GOP primary states, the Latino share of the electorate will be smaller, and with greater concerns over U.S. immigration policy, could be far more favorable to Gingrich.

Absentee/Early Voters. Florida permits early voting, and some 10 percent of the electorate has already cast their vote. Voting began before the South Carolina primary, when Romney had a 30-point lead over Gingrich in Florida. Absentee balloting -- some if it from military voters -- also favors Romney.

Interestingly, the Romney-Gingrich gender gap isn't among the women many observers might expect: evangelicals. Gingrich still has a strong lead over Romney with this critical voting bloc. However, Gingrich's problem is that its share of the Florida vote is much smaller than it was in South Carolina -- and in many other GOP contests.

Gingrich, it seems, is losing relatively moderate GOP women, not conservative ones. That could be an important factor in the general election, where independent female voters may not take to Gingrich, either. But post-Florida, how badly Romney might hurt Gingrich with women in states with large numbers of evangelical voters is still unclear.

The big question coming out of Florida will be perception. If Gingrich loses, he will face renewed calls from the GOP establishment to withdraw from the race. And Romney, with his huge war chest, will continue to outspend Gingrich in future primaries. That could also give Romney a chance to slowly chip away at Gingrich's widening national lead.

But that lead is suggestive of just how much discontent with Romney remains among GOP voters, especially as the former Massachusetts governor continues to pivot to the center. In the South Gingrich has a huge polling lead over Romney, and that's not likely to change, no matter what
Romney does.

Another sign of GOP disaffection with Romney is the continuing rise of Rick Santorum. His percentage of the GOP vote nationally recently jumped to a record 18 percent, just 10 points behind Romney, in the latest Wall Street Journal/NBC poll.

Santorum and Gingrich are going after the same evangelical voters, leaving Romney with virtually no support among this critical voting bloc. Were the cash-poor Santorum to drop out at some point, the bulk of his support would likely switch to Gingrich, giving the former House speaker a huge new source of backing nationally -- and in other primary states where evangelicals dominate the GOP electorate.

In short, Romney better enjoy what appears to be a likely victory in Florida while he can. Because it may end up bouncing about as far as Gingrich's South Carolina win did -- not very far.

?

Source: http://www.huffingtonpost.com/stewart-j-lawrence/florida-primary-gop-nomination_b_1237226.html

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Panetta: US ground forces would be cut by 100,000

Defense Secretary Leon Panetta outlines the main areas of proposed spending cuts during a news conference at the Pentagon, Thursday, Jan., 26, 2012. (AP Photo/Pablo Martinez Monsivais)

Defense Secretary Leon Panetta outlines the main areas of proposed spending cuts during a news conference at the Pentagon, Thursday, Jan., 26, 2012. (AP Photo/Pablo Martinez Monsivais)

Sec. of Defense Leon Panetta, left, and Chairman of the Joint Chiefs of Staff Gen. Martin E. Dempsey, right, outline the main areas of proposed spending cuts during a news conference at the Pentagon in Washington, Thursday, Jan., 26, 2012. (AP Photo/Pablo Martinez Monsivais)

Defense Secretary Leon Panetta outlines the main areas of proposed spending cuts during a news conference at the Pentagon, Thursday, Jan., 26, 2012. (AP Photo/Pablo Martinez Monsivais)

(AP) ? Pentagon leaders outlined a plan Thursday for absorbing $487 billion in defense cuts over the coming decade by shrinking U.S. ground forces, slowing the purchase of a next-generation stealth fighter and retiring older planes and ships.

In a bid to pre-empt election-year Republican criticism, Defense Secretary Leon Panetta said the plan shifts the Pentagon's focus from the wars in Iraq and Afghanistan to future challenges in Asia, the Mideast and in cyberspace. More special operations forces like the Navy SEALs who killed Osama bin Laden will be available around the world, he said.

"We believe this is a balanced and complete package," Panetta told a news conference, with Army Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, at his side.

Some lawmakers were quick to dispute him.

"Taking us back to a pre-9/11 military force structure places our country in grave danger," said Sen. John Cornyn, R-Texas, a member of the Senate Armed Services Committee that will hold hearings on the Pentagon budget plan.

Sen. John McCain, R-Ariz., said the Panetta plan "ignores the lessons of history." He said it provides for a military that is "too small to respond effectively to events that may unfold over the next few years."

Dempsey, however, said the military is united in its support for the new approach.

"This budget is a first step ? it's a down payment ? as we transition from an emphasis on today's wars to preparing for future challenges," he said, adding, "This budget does not lead to a military in decline."

Panetta announced that the administration will request a 2013 budget of $525 billion, plus another $88 billion for operations in Afghanistan. Combined, those totals are about $33 billion less than the Pentagon is spending this year.

Panetta said, however, that the Pentagon's base budget will grow to $567 billion in 2017. At that point, the cumulative budgets over five years would be $259 billion less than had been planned before the administration struck a deficit-cutting deal with Congress last summer that requires projected defense spending to be reduced by $487 billion by 2022.

Among the details Panetta disclosed:

The Army would shrink by 80,000 soldiers, from 570,000 today to 490,000 by 2017. That is slightly larger than the Army on 9/11.

The Marine Corps would drop from today's 202,000 to 182,000 ? also above the level on 9/11.

The Air Force would retire some older planes including about two dozen C-5A cargo aircraft and 65 of its oldest C-130 cargo planes.

The Navy would keep a fleet of 11 aircraft carriers but retire seven cruisers earlier than planned. It also would delay purchase of some other ships, including a new Virginia-class submarine.

Purchase of F-35 stealth fighter jets, to be fielded by the Air Force, Navy and Marine Corps, would be slowed.

Current plans for building a new generation of submarines that carry long-range nuclear missiles would be delayed by two years. The current fleet of nuclear-capable bombers and land-based nuclear missiles would be left unchanged.

Military pay raises will remain on track until 2015, when the pace of increase will be slowed by an undetermined amount.

President Barack Obama will ask Congress to approve a new round of domestic base closures, although the timing of this was left vague and there is little chance that lawmakers would agree to this in a presidential election year.

The defense spending plan is scheduled to be submitted to Congress as part of the administration's full 2013 budget on Feb. 13.

Prominent in the Obama plan is a renewed focus on Asia, where China's rapid military modernization has raised worry in Washington and rattled U.S. allies.

The Pentagon has embraced a proposal by special operations chief Adm. Bill McRaven to send more manpower and equipment to worldwide "Theater Special Operations Commands" to strike back wherever threats arise, according to a senior defense official who spoke to The Associated Press and to other current and former U.S. officials briefed on the program. The officials spoke on condition of anonymity because the details of the proposal are still being worked out, including how fast the changes could be made.

The stepped-up network would put top special operations personnel closer to the problems they face, better able to launch unilateral raids like this week's Somalia mission. McRaven also wants the newly invigorated commands to build new relationships with foreign armies to help them lead their own operations, the senior defense official said.

Panetta also has made clear the administration will resist any effort to shrink the Navy's fleet of aircraft carriers. He said last weekend while on board the fleet's oldest carrier, the USS Enterprise, that keeping 11 of the warships is a "long-term commitment" that Obama believes is important to keeping the peace.

"Our view is that the carriers, because of their presence, because of the power they represent, are a very important part of our ability to maintain power projection both in the Pacific and in the Middle East," he said.

Obama has said he hopes to further reduce the size of the U.S. nuclear arsenal, but Panetta said the basic structure ? a "triad" of land, sea and air nuclear forces ? will be maintained. The Pentagon said it will study the potential to shrink that force later.

The defense budget is being reshaped in the midst of a presidential contest in which Obama seeks to portray himself as a forward-looking commander in chief focusing on new security threats. Republicans want to cast him as weak on defense.

Obama has highlighted his national security successes ? the killing of Osama bin Laden, the death of senior al-Qaida leaders and the demise of Libya's Moammar Gadhafi ? to counter Republican criticism. He also has emphasized the completion of the U.S. troop withdrawal from Iraq and the start of a drawdown in Afghanistan as turning points that offer new opportunities to scale back defense spending.

But several congressional Republicans see a political opening in challenging the reductions in projected military spending that the GOP and Obama agreed to last summer as part of a deal to raise the nation's borrowing authority. They've echoed Obama's potential presidential rivals Mitt Romney, Newt Gingrich and Rick Santorum, who plead for fiscal austerity but contend that sizable cuts would gut the military.

___

Associated Press writers Kimberly Dozier and Lolita C. Baldor contributed to this report.

___

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

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2012-01-26-US-Defense-Budget/id-4a4c5197356c4f30b7f4a50622fb7795

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Ex-head of French breast implant maker arrested

PARIS (AP) ? The former head of a French company at the center of a breast implant scandal affecting tens of thousands of women worldwide was arrested Thursday in southeast France, an official says.

Jean-Claude Mas, who founded and ran the now-defunct French company Poly Implant Prothese, was detained as part of a judicial investigation in the southeastern city of Marseille into manslaughter and involuntary injuries, said the official.

So far no specific defendant has been named. The official spoke on condition of anonymity, because the case is in the hands of judicial investigators.

Investigating judge Annaick Le Goff opened the probe after a woman filed a lawsuit in the wake of the 2010 death from cancer of her daughter who had received a suspect implant. As many as 3,000 other complaints by other alleged victims have been taken into account.

The implants have been removed from the marketplace in several countries in and beyond Europe amid fears they could rupture and leak silicone into the body.

Mas is also on Interpol's most-wanted list, but the international police agency said its "red notice" was issued in June at the request of Costa Rica, where he faces a drunken driving charge.

Mas, 72, was detained shortly before dawn during a search of a residence in the Mediterranean coastal town of Six Fours Les Plages, southwest of the main city of Toulon, a police official, who also spoke on condition of anonymity, said.

A secretary at the office of Mas' defense lawyer Yves Haddad said the lawyer ? who was with Mas during police questioning ? was not immediately available for comment.

Authorities worldwide have been scrambling to strike a proper public response to the scandal, notably concerning who will pay to remove the implants made with cheap, industrial-grade silicone instead of medical-grade gel ? or if the implants need to invariably come out.

European governments have taken different positions: German, Czech and French authorities say they should be removed, while Britain says there is not enough evidence of health risks to suggest removal in all cases.

On Wednesday, health authorities in Brazil said the government will fine private health plans that refuse to pay for the removal and replacement of faulty breast implants sold by PIP and a Dutch company.

A lawyer for Mas said in a statement earlier this month that his client, who ran PIP until it was closed in March 2010, would not speak publicly on the case.

The scandal has put pressure on French health authorities for allegedly not doing enough to vet the quality of a product used by untold thousands of women both in France and abroad.

France's Health Safety Agency has said the suspect implants ? just one type of implants made by PIP ? appear to be more rupture-prone than other types. Investigators say PIP sought to save money by using industrial silicone, whose potential health risks are not yet clear.

PIP's website said the company had exported to more than 60 countries and was one of the world's leading implant makers. The silicone-gel implants in question are not sold in the United States.

According to estimates by national authorities, over 42,000 women in Britain received the implants, more than 30,000 in France, 9,000 in Australia and 4,000 in Italy. Nearly 25,000 of the implants were sold in Brazil.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-01-26-EU-France-Breast-Implants/id-418e64db1d5b49bea2b7b599b7a7a7ed

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Depression?s Criteria May Be Changed to Include Grieving

[unable to retrieve full-text content]A proposed change to depression?s definition could greatly expand the number of people treated, a new study says.

Source: http://feeds.nytimes.com/click.phdo?i=d1530ca3640c4de7eb504f4216669fac

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Davos elite: Capitalism has widened income gap (AP)

DAVOS, Switzerland ? A four-year economic crisis has left societies battered and widened the gap between the haves and have-nots, financial leaders conceded Wednesday ? with one suggesting that Western-style capitalism itself may be endangered.

As Europe struggles with its debt crisis and the global economic outlook remains gloomy at best, there's a sense at the heavily guarded World Economic Forum that free markets are on trial.

Many at the elite economic gathering in the Swiss Alps accept that more must be done to convince critics that Western capitalism has a future and that it can learn from its massive failures.

For David Rubenstein, the co-founder and managing director of asset management firm Carlyle Group, leaders must work fast to overcome the current crisis or else different models of capitalism, such as the form practiced in China, may win the day.

"As a result of this recession, that's lasted longer than anyone predicted and will probably go on for a number more years ... we're going to have a lot of economic disparities," Rubenstein said. "We've got to work through these problems. If we don't do in three or four years ... the game will be over for the type of capitalism that many of us have lived through and thought was the best type."

Some 2,600 of the world's most influential people came for the forum this week amid increasing worries about the global economy and social unrest due to rising income inequalities.

China has reaped the rewards of its transition to a more market economy and is now the world's second-largest economy. Unlike the capitalist systems in the U.S. and Europe, China's market transformation has been heavily guided by a state apparatus that continues to balk at widespread democratic reforms. Latin America, too, has seen success in the development of "state capitalism" in certain industries.

"You combine elements of private enterprise with public responsibility," said Colombia's mining and energy minister, Mauricio Cardenas.

Although Rubenstein's stark appraisal may be an outlier, there was a clear defensive posture among many participants on this opening day of the forum.

There were numerous references to the need to innovate, the need to consult with employees and the realization that power in the world is shifting from the west to the east. While the traditional industrial economies of the United States and Europe have limped through the last few years, often from one crisis to another, many economies in Asia and Latin America have been booming.

But Raghuram Rajan, a professor at the University of Chicago, doubted that the Chinese model was likely to last for too long.

State capitalism, he said, may be good if you're playing "catch-up" but it reaches its "natural limits" once that's been accomplished. Others worried about conflicts of interest as the same government officials run the companies and set industry regulations.

Mark Penn, global CEO of the public relations firm Burson-Marsteller, told The Associated Press that "the whole crisis has raised larger questions about how is capitalism working, how do you redefine fairness in the 21st century?"

Many rejected the suggestion by Sharan Burrow, the general secretary of the International Trade Union Confederation, that capitalism has lost its "moral compass" and needed to be "reset." Business leaders insisted they were learning from the mistakes that dragged the world into its deepest economic recession since the World War II.

Bank of America's CEO Brian Moynihan said bank excesses in the run-up to the credit crunch of 2008 reflected the economies the banks were operating in, so it is important now that policymakers don't overreact.

Moynihan, whose bank had to back down on charging a $5 debit card fee after protests by the Occupy movement and others, said banks have "done a lot" to reduce earlier excesses. He also noted that boom and bust cycles are a part of the Western capitalist structure.

Many outside the confines of the Davos conference center disagree, after years of crisis in which hundreds of millions have lost their jobs even as top executives still reap huge pay packets.

Protesters on Wednesday sent aloft big red weather balloons carrying a huge protest banner reading "Hey WEF, Where are the other 6.9999 billion leaders?"

The activists were from the Occupy WEF movement, a small group camping out in igloos at Davos and following in the footsteps of the Occupy Wall Street movement that spread around the world.

Experts said protests must be expected after the excesses of the last decade.

"When you have a financial sector which is a casino, that's putting at risk taxpayers' money, you have a reaction," said Guillermo Ortiz, a former governor of the Bank of Mexico.

Policymakers around the world have sought to rein in the excesses of the banking sector by introducing new regulations requiring them to keep bigger capital buffers, but that's not done much to appease those voicing their discontent around Davos.

Although some protesters clearly have revolutionary goals like the overthrow of the capitalist system, many just want their aspirations and objectives met by an often-distant political and business elite.

The CEO of accounting giant Deloitte, Joe Echevarria, talked about developing "compassionate capitalism."

"You're going to have to deal with regulation ? balancing the need to protect society along with stifling growth," he told AP in an interview. "I think that has to manifest itself through the choices that governments and businesses make."

While the bigwigs debated at Davos, key Greek bondholders were holding closed-door meetings in Paris to discuss how ? and whether ? to continue talks central to resolving Europe's debt crisis that would forgive 50 percent of Greece's enormous debt.

Later Wednesday, German Chancellor Angela Merkel is expected to speak on Europe's crisis in her keynote speech at the forum. In an interview with six European newspapers, Merkel drove home the need for reform in debt-troubled eurozone nations instead of spending more to beef up the region's bailout fund.

Surveys ahead of the meeting showed pessimism among world CEOs, plunging levels of public trust in business and government leaders and concerns that fragility in the U.S. and European economies could hurt the global economy.

___

Frank Jordans, Martin Benedyk and Niko Price contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/ap/20120125/ap_on_bi_ge/eu_davos_forum

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Hit from dollar on McDonald's 2012 menu (Reuters)

(Reuters) ? McDonald's Corp's (MCD.N) strong December sales and fourth-quarter earnings failed to allay fears that exchange rates and increased spending will weaken profits in 2012.

Those worries sent shares of the world's biggest hamburger chain down 2.3 percent to $98.61 in midday trading.

McDonald's stock lately has been on a tear. It is up about 30 percent from a year ago and recently hit an all-time high of more than $102.

With shares looking expensive, Wall Street focused on imperfections in the company's outlook rather than its robust year-end results.

"Whilst results are strong, I would expect a period of consolidation going forward," Rikky Shoker, co-manager of the Credo Best Ideas Portfolio at Credo Group Ltd in London, said in an email.

"I would be cautious this year given (that the U.S. dollar) has strengthened so much and is expected to continue doing so. They generate nearly 70 percent of sales overseas," Shoker said.

Foreign exchange boosted McDonald's earnings by 19 cents per share in 2011 and will work against the company by roughly the same amount in 2012, analysts said.

That impact will be keenly felt in Europe, which is McDonald's top market for sales, they said, as the euro weakens against the U.S. dollar due to debt worries in the region.

Lazard Capital Markets analyst Matthew DiFrisco added other items to the list of concerns.

Those included higher taxes and interest expense as well as increased spending on things like restaurant renovations, building new units, compensation and technology upgrades.

"You've got this little creep of things working against them," DiFrisco said.

McDonald's is a top sponsor of the 2012 Olympics in London and has told investors that dilution from its China expansion, which was more of a factor than analysts expected in the latest quarter, would ease in 2012.

STRONG END TO YEAR

McDonald's reported a fourth-quarter profit of $1.38 billion, or $1.33 per share, up almost 11 percent from a year earlier and compared to analysts' call for a profit of $1.30 a share, according to Thomson Reuters I/B/E/S.

Edward Jones analyst Jack Russo said results from the latest quarter were helped by 3 cents per share of non-operating income.

"So it really appears they met consensus," he said.

Revenue rose 10 percent to $6.82 billion.

Sales at stores open at least a year rose 9.6 percent in December, with a 9.8 percent increase in the United States and a 10.8 percent rise in Europe.

Analysts on average forecast a 5.9 percent increase overall, with the a 5.4 percent increase in the United States and a 6.4 percent increase in Europe, according to Thomson Reuters data.

The results, which were helped by new menu items, restaurant makeovers, longer operating hours and effective marketing, defied a global economic slowdown and helped McDonald's continue to outpace rivals like Wendy's (WEN.O) and Burger King.

Menu standouts during the quarter included bagel sandwiches in France and Big Mac's and chicken products in the United States, the company said.

Chief Financial Officer Pete Bensen said diners remained cautious about spending but were not showing any signs of pulling back.

"We're really seeing no change in customer behavior," he said.

(Reporting by Lisa Baertlein in Los Angeles, editing by Dave Zimmerman)

Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http%3A//news.yahoo.com/s/nm/20120124/bs_nm/us_mcdonalds

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