Tuesday, January 31, 2012

Motorola Droid RAZR Maxx review


Most of today's smartphones, especially those of the LTE-enabled persuasion, have earned a bad rap for exceptionally bad battery life, with large displays and hungry radios that suck the juice out faster than a three year-old can down a CapriSun. The race to construct the thinnest phones on the market doesn't help much either, since whittling down handsets results in less space for generously sized battery packs. The Motorola Droid RAZR is currently the slimmest phone this side of the Pacific, offering a thickness of 7.1mm at its thinnest end, and the title likely won't hold for long as new phones like the Huawei Ascend P1 S aim to knock the RAZR off its throne. But at what point do we stand up and insist on adding a little extra heft for the sake of having a bigger battery?

Enter the Motorola Droid RAZR Maxx. A mere two months after its predecessor was released on Verizon, this new contender came around to challenge the battery life of every single next-gen phone we've ever used. Its back end has been filled out somewhat to make room for a bigger battery, but at 8.99mm, it's still slimmer than a huge number of competing handsets on the market today. So what makes the Maxx different from the RAZR? Is it worth paying $300 with a two-year commitment -- a $100 premium over its original? Read on to find out.

Continue reading Motorola Droid RAZR Maxx review

Motorola Droid RAZR Maxx review originally appeared on Engadget on Tue, 31 Jan 2012 14:00:00 EDT. Please see our terms for use of feeds.

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French lawmakers seek rejection of genocide law (Reuters)

PARIS (Reuters) ? French lawmakers appealed to the country's highest court Tuesday to overturn a law that makes it illegal to deny the mass killing of Armenians by Ottoman Turks nearly a century ago was genocide.

The move raises the possibility that the law, which sparked an angry reaction in Turkey, will be dismissed as unconstitutional.

The bill, which received final approval on January 23, prompted Ankara to cancel all economic, political and military meetings with Paris. Turkish Prime Minister Tayyip Erdogan attacked the French parliament for passing what he said was "discriminatory and racist" legislation. [ID:nL5E8CN0RW]

More than 70 senators from across the political divide made the appeal to the court, said Jacques Mezard, a senator from a left-leaning party, the Democratic and Social European Group. Another 50 lawmakers in the lower house agreed to the appeal.

A minimum of 60 lawmakers is needed to make an appeal to the Constitutional Council, which has one month to make its decision.

If the court finds the law unconstitutional, the legislation is rejected.

Armenia, backed by many historians and parliaments, says about 1.5 million Christian Armenians were killed in what is now eastern Turkey during World War One in a deliberate policy of genocide ordered by the Ottoman government.

The Ottoman empire was dissolved after the end of the war, but successive Turkish governments and the vast majority of Turks feel the charge of genocide is a direct insult to their nation. Ankara argues there was heavy loss of life on both sides during fighting in the area.

(Reporting By John Irish; Editing by Alesasndra)

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/nm/20120131/wl_nm/us_france_turkey_genocide

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Monday, January 30, 2012

Strike on summit day shows task at hand

(AP) ? German Chancellor Angela Merkel and other European leaders meeting for a summit will only have to look out of the window to see the biggest problem with their steady diet of austerity and belt-tightening to fix the financial crisis: disgruntled workers organizing a nationwide strike to protest the direction in which Europe is heading.

That is, if the 27 government leaders can even get to European Union headquarters in time for Monday's meeting.

Belgium's three main unions are joining hands as of late Sunday in a 24-hour strike to protest national budgetary measures that have in part been imposed on Belgium by the EU. If the country hadn't met cost-cutting targets, financial sanctions would have been imposed.

Instead of a beacon for a better future, many Europeans are starting to see the EU as a death knell, one that is suffocating them with austerity instead of supporting them with job-boosting measures.

"We fully understand the sentiments of all Europeans, especially here in Belgium, where we are so close, the frustrations and doubt and the worries," European Commission President Jose Manuel Barroso said.

The question is where to find money to boost growth when debt is preoccupying everyone. The austerity measures raise taxes and cut benefits for hundreds of thousands of workers in Belgium. And Monday's strike has been mirrored in many other member states.

Overall, 23 million people are jobless across the EU, 10 percent of the active population.

"Europe has to offer jobs, social protection and perspective for the future. Otherwise it risks losing the support of its citizens," said the strike manifesto of the ACV union.

For Monday, Thalys and Eurostar bullet trains to Brussels have already been cut, one airport has been closed and Brussels international airport is expecting heavy disruption. Contingency plans have been made to get the 27 European leaders to the center of Brussels, but even then convoys could end up in choking traffic if workers block the capital's beltway during morning rush hour.

No major demonstrations are planned but the union leaders will head to the summit site to deliver a symbolic "eurobond" ? pressing for a joint pooling of debt in the eurozone, a measure that has been steadfastly opposed by Germany.

The noise of workers and lack of growth is having a profound impact on Monday's summit.

Even if the debt crisis in Greece will take center stage for part of the meeting, "at the same time, we need to take active measures to enhance growth and competitiveness and above all create jobs," EU president Herman van Rompuy said.

The leaders, though, will be happy to learn that Greece and investors who own its bonds have reached a tentative deal to significantly reduce the country's debt and pave the way for it to receive a much-needed euro130 billion bailout.

Negotiators for the investors announced the agreement Saturday and said it could become final within the next week. If the agreement works as planned, it will help Greece remain solvent and help Europe avoid a blow to its already weak financial system, even though banks and other bond investors will have to accept multibillion-dollar losses.

Still, it doesn't resolve the weakening economic conditions in Greece and other European nations as they rein in spending to get their debts under control.

Under the agreement, investors holding euro206 billion in Greek bonds would exchange them for new bonds worth 60 percent less.

Without an agreement, bankruptcy would loom large for Greece and raise a big question mark over the euro currency shared by 17 nations.

Another divisive issue is a German proposal that debt-ridden Greece temporarily cede sovereignty over tax and spending decisions to a powerful eurozone budget commissioner before it can secure further bailouts.

The idea was quickly rejected by Barroso's Commission and the government in Athens, both insisting the budget remain a national prerogative.

At the same time, the EU also has to deal with an increasingly tough labor market.

Spain's brutal unemployment rate has soared to nearly 23 percent and closed in on 50 percent for those under age 25, leaving more than 5 million people ? or almost one out of every four ? out of work as the country slides toward recession.

To help jump-start the EU toward more growth and employment, the EU Commission is proposing to the summit leaders to redirect euro82 billion in existing funds toward countries in dire need of help to fix their labor market.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-01-29-EU-EU-Summit/id-878dfc713fc942588ff2279c059ee0ea

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Analysis: More than ever, businesses must think "what if" (Reuters)

DAVOS, Switzerland (Reuters) ? A tumultuous 12 months that saw revolutions in the Middle East, a worsening debt crisis in Europe and a tsunami in Japan has set the tone for corporate activity in 2012.

Caution, flexibility, nimbleness and deep knowledge of host countries are more important than ever, executives and their advisers said at the World Economic Forum's annual meeting.

Fear of a major geopolitical disruption over the next 12 months has risen to 54 percent, up from 36 percent last quarter, a WEF poll showed at the start of this week's meeting.

"You have to more than at any time in recent memory think in terms of 'what ifs,'" said Vasant Prabhu, chief financial officer of Starwood Hotels & Resorts Worldwide Inc (HOT.N).

"This is a world in which you have to think in terms of scenarios and alternate outcomes and what you would do."

Companies are closely looking at their counterparties - their vendors, suppliers and the banks that manage their cash to assess what would happen if they run into problems.

They are worrying about their currency exposure, with one U.S. company chairman in Davos privately saying he had started converting all of his company's cash in euros into dollars since the euro zone debt crisis suddenly deepened last year.

Other risk-averse moves include companies adjusting their supply chains to build flexibility into their business should a natural disaster cause a repeat of the huge disruption which followed the Japanese earthquake and tsunami last year.

And as they enter new markets and face more uncertainty in mature ones, they are putting more effort into understanding local politics and business practices. Some are using former spies to gather intelligence on trade partners.

Behind all this is a growing sense that increased uncertainty is the new reality of doing business. Financial considerations can no longer be the sole focus, advisers and executives said in interviews before and during the WEF in Davos.

"I think fundamentally there is an acknowledgement that this volatility that we are seeing is going to be here for the foreseeable future," PricewaterhouseCoopers Chairman Dennis Nally said.

"You can't predict the solution here in Europe. You can't predict what may happen in the Middle East. You can't predict what could happen in terms of the geopolitical issues in Asia, or certainly what's coming out of Washington," Nally said.

Companies feel an imperative to be better prepared.

"Our own view right now for 2012 is, 'Yes, there are some scenarios that could be bad but we think of them as low probability," Starwood's Prabhu said. "We think 2012 would be a year where the world muddles through."

FLIGHT TO QUALITY

For bankers one consequence is closer scrutiny of the financial health of their business by corporate treasury departments. Ratings downgrades of some banks have prompted corporate treasurers to analyze their relationships and think about switching banks or spreading the risk by hiring more.

"Increasingly, we are seeing clients take a holistic view of integrating strategic capital raising and risk and cash management in this unique time of uncertainty and volatility," said Jacques Brand, global co-head of Investment Banking Coverage and Advisory at Deutsche Bank (DBKGn.DE).

"As a result, clients are planning accordingly and we are seeing a flight to quality."

Indeed, several major banks have seen their deposits grow, in part because companies have moved their business away from weaker institutions. JPMorgan Chase & Co's (JPM.N) Treasury & Securities Services unit saw liability balances grow to $370 billion last year, an increase of more than $100 billion in one year, Mike Cavanagh, the division's chief executive said.

"Corporate clients that we talk to are very mindful that they have counterparty and currency risks, and prioritizing them more so than pre-crisis," Cavanagh said.

"To the extent a client has a portfolio of banks providing transaction banking services, they are becoming much more conscious of concentration risk," he added.

Bankers said they are also advising clients to look beyond their immediate trade partners, as what happens to the partners' counterparties could end up affecting their business as well.

"You have to think in terms of two or three degrees of separation. Your vendor, and your vendor's vendor -- when does that create a problem in your supply chain? Your banker and your banker's banker -- when does that create a problem in your financials?" said Samuel Di Piazza, vice chairman in Citigroup's (C.N) Institutional Clients Group.

"Finance departments have to deal with that this year," Piazza said. "Two years ago they didn't. Maybe in '08 they did, but in '10 we felt better about that. It's back on the agenda."

POLITICS OF BUSINESS

For many Western corporations, the euro zone crisis and the gridlock in Washington are also bringing home the fact that politics has an ever bigger role to play in business and markets.

"The euro zone crisis on the surface is a fiscal crisis or a debt crisis but it's going to be resolved as a political issue," said D.J. Peterson, director of Corporate Advisory Services practice at political risk research and consulting firm Eurasia Group.

Adding to the complexity is the need for companies to find growth in emerging markets, where traditionally the state has played a bigger role in the functioning of markets.

Boutique firms such as Eurasia Group, Oxford Analytica and others, which provide geopolitical advice and analysis, are seeing demand for their services grow rapidly in the last few years and are increasingly finding a role alongside traditional advisers such as investment bankers and lawyers in transactions.

Eurasia's Peterson said the group had been growing at about 20 percent a year. It employs scholars, former policy makers, former regulators and industry experts to gather intelligence and analyze geopolitical trends for clients.

Some, including Oxford Analytica, also use senior people with experience in diplomacy, intelligence and finance to put together advice for corporate clients.

Swiss insurer Zurich Financial Services (ZURN.VX) said 2011 had been a rough year for natural catastrophe losses but its business of insuring against political risk is booming.

"From sovereign debt to tsunamis, the universe of enterprise risk seems broader and more consequential than ever before," said Thomas Huerlimann, head of Zurich Global Corporate.

"You need to hedge your political risk to a greater degree than you had to do, certainly in the last 20 years," said Nader Mousavizadeh, chief executive of Oxford Analytica.

(Additional reporting by Emma Thomasson and Ben Hirschler; editing by Janet McBride)

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

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At least 9 killed, 18 hurt?in Fla. highway pile-ups

At least 10 people died in crashes overnight apparently caused by smoke from a fire along Interstate 75 in north Florida, authorities said Sunday.

Nine people were confirmed dead at the scene, and a 10th fatality was later reported. A local hospital was treating 20 people for injuries. Their conditions were unclear.

At least four to five large commercial vehicles and 10 passenger vehicles were involved. Many were badly mangled.

"That's a very scary thing when you can't see anything and hear the squealing of tires and don't know if 2,000 pounds of metal is coming at you," The Gainesville Sun quoted Alachua County Sheriff's Sgt. Todd Kelly as saying.

"We just hit it, and you couldn't see anything," added Donna Henry, who was driving with friends when her car hit a guardrail and ended up sideways.

From the side of the road she heard more crashes. "Like 15 times somebody hit, from this side and that, north and south. It was bad."

In one crash, a pickup truck was left sitting atop a passenger car and both were up against the rear end of a FedEx tractor-trailer. All vehicles were burned out.

The pile-ups, on both north- and southbound lanes, happened around 3:45 a.m. Sunday on both sides of I-75 south of Gainesville.

All lanes of the interstate remained closed as investigators began their work examining the vehicles, many of them just burned shells.

The Florida Highway Patrol had closed the highway briefly earlier overnight because of a mixture of fog and smoke from a marsh fire in the Paynes Prairie area south of Gainesville.

The agency had several troopers driving along the stretch of I-75 to access the situation early Sunday.

"When the visibility cleared, we reopened the road," said Florida Highway Patrol Lt. Patrick Riordan.

The fire was manmade and started on Saturday, police said. It was not known if it was accidentally or deliberately set.

Heavy fog and smoke were blamed for a deadly string of accidents four years ago. In January 2008, four people were killed and 38 injured similar crashes on Interstate 4 between Orlando and Tampa, about 125 miles south of Sunday's crash. More than 70 vehicles were involved in those crashes caused by fog and smoke, including one pile-up that involved 40 vehicles.

The Associated Press contributed to this report.

Source: http://www.msnbc.msn.com/id/46181122/ns/us_news-life/

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Sunday, January 29, 2012

China leader stresses communist control over army (AP)

BEIJING ? Chinese President Hu Jintao is stressing the ruling Communist Party's ultimate control over China's rapidly modernizing military.

Hu's assertion came Sunday in a statement in the military's Liberation Army Daily newspaper calling on the 2.3 million-member force to develop advanced military culture. That is communist shorthand for retaining a leading role for socialist ideology.

Such calls seek to counter any movement toward nationalizing the force by making it ultimately responsible to the government rather than the party.

The People's Liberation Army has in recent years acquired latest-generation jet fighters and other advanced equipment. Last year it began sea trials for its first aircraft carrier.

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/ap/20120129/ap_on_re_as/as_china_military

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Saturday, January 28, 2012

Explaining Modern Finance And Economics Using Booze And Broke ...

Courtesy of reszatonline, who brings us the following allegory by way of Tim Coldwell, we are happy to distill (no pun intended) all of modern economics and finance in a narrative that is 500 words long, and involved booze and broke alcoholics: in other words everyone should be able to understand the underlying message. And while the immediate application of this allegory is to explain events in Europe, it succeeds in capturing all the moving pieces of modern finance.

From reszatonline

Helga is the proprietor of a bar.

She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her bar.

To solve this problem, she comes up with a new marketing plan that allows her customers to drink now, but pay later.

Helga keeps track of the drinks consumed on a ledger (thereby granting the customers? loans).

Word gets around about Helga?s ?drink now, pay later? marketing strategy and, as a result, increasing numbers of customers flood into Helga?s bar. Soon she has the largest sales volume for any bar in town.

By providing her customers freedom from immediate payment demands, Helga gets no resistance when, at regular intervals, she substantially increases her prices for wine and beer, the most consumed beverages. Consequently, Helga?s gross sales volume increases massively.

A young and dynamic vice-president at the local bank recognizes that these customer debts constitute valuable future assets and increases Helga?s borrowing limit.

He sees no reason for any undue concern, since he has the debts of the unemployed alcoholics as collateral!!!

At the bank?s corporate headquarters, expert traders figure a way to make huge commissions, and transform these customer loans into DRINKBONDS.These ?securities? then are bundled and traded on international securities markets.

Naive investors don?t really understand that the securities being sold to them as ?AA? ?Secured Bonds? really are debts of unemployed alcoholics.

Nevertheless, the bond prices continuously climb!!!, and the securities soon become the hottest-selling items for some of the nation?s leading brokerage houses.

One day, even though the bond prices still are climbing, a risk manager at the original local bank decides that the time has come to demand payment on the debts incurred by the drinkers at Helga?s bar.

He so informs Helga.

Helga then demands payment from her alcoholic patrons, but being unemployed alcoholics they cannot pay back their drinking debts.

Since Helga cannot fulfil her loan obligations she is forced into bankruptcy.

The bar closes and Helga?s 11 employees lose their jobs.

Overnight, DRINKBOND prices drop by 90%. The collapsed bond asset value destroys the bank?s liquidity and prevents it from issuing new loans, thus freezing credit and economic activity in the community.

The suppliers of Helga?s bar had granted her generous payment extensions and had invested their firms? pension funds in the BOND securities. They find they are now faced with having to write off her bad debt and with losing over 90% of the presumed value of the bonds.

Her wine supplier also claims bankruptcy, closing the doors on a family business that had endured for three generations, her beer supplier is taken over by a competitor, who immediately closes the local plant and lays off 150 workers. Fortunately though, the bank, the brokerage houses and their respective executives are saved and bailed out by a multibillion dollar no-strings attached cash infusion from the government.

The funds required for this bailout are obtained by new taxes levied on employed, middle-class, non-drinkers who have never been in Helga?s bar.

Your rating: None Average: 4.8 (44 votes)

Source: http://www.zerohedge.com/news/explaining-modern-finance-and-economics-using-booze-and-broke-alcoholics

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The Newt I know (Politico)

Yeah, yeah. I know. Newt Gingrich had a lousy week and will probably lose the Florida primary on Tuesday. But for those tempted to once again predict the speedy collapse of his campaign, consider yourselves forewarned. I?ve known this guy long enough to realize that the only three species destined to survive a nuclear holocaust will be cockroaches, Cher and Newton Leroy Gingrich.

I first met Gingrich 17 years ago at a Destin, Fla., fundraiser held in my honor a few weeks after Newt declared that I was too conservative to win the general election. But after I won the primary against the moderate woman he anointed, there he was in Florida looking supremely bored and a little put out that he was having to sit through another politician?s speech.

Continue Reading

In the ensuing years, I found the mercurial maverick to be inspiring and maddening, disciplined and self-indulgent, forward thinking and short-sighted, gifted and dumb ? sometimes all within the same hour.

If, as Shakespeare wrote, what?s past is prologue ? and it often is ? then Gingrich?s political history is particularly relevant now. It?s a history I know well because I was there. And what I saw at the revolution has concerned me since I left Washington.

Many who have heard my harsh assessments of Gingrich over the past year have assumed that I feel a personal animus toward my former colleague. That?s just not true. That fact is that I remain awestruck that Newt envisioned a Republican majority when his closest allies thought he was crazy. Even an eternal optimist like me laughed at the ?Think Majority? sign hanging over the NRCC reception area in early 1994.

But Newt was right and we were wrong. The Gingrich Revolution overtook Washington (with a huge assist from Bill Clinton?s overreaching agenda) and good things followed. Within a few years, Congress passed the first balanced budget in a generation, welfare reform, tax cuts and meaningful congressional changes.

If Newt?s story ended there, I might have a Gingrich 2012 sign in my front yard. But unfortunately, it does not.

Three years into his speakership, the man who helped draft the Contract With America began trying to undo some of that document?s key provisions. The government shutdown had badly damaged the speaker?s brand and he went to work trying to raise his 27 percent approval rating.

In April 1997, Gingrich told The New York Times he was ready to be a kinder and gentler Republican by negotiating away the very tax cuts that he had once called ?the crown jewels of the contract.? Soon, conservatives were being pressured to vote for big spending appropriations bills. In his final speech from the floor of Congress, Newt Gingrich lashed out wildly at the same freshmen who had made him speaker ? mocking us as cannibals who made up ?the perfectionist caucus.?

Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//us.rd.yahoo.com/dailynews/external/politico_rss/rss_politico_mostpop/http___www_politico_com_news_stories0112_72084_html/44329538/SIG=11m1f6gig/*http%3A//www.politico.com/news/stories/0112/72084.html

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David Arquette is paying a visit to 'Cougar Town' (Reuters)

LOS ANGELES, Jan 27 (TheWrap.com) ? David Arquette and Courteney Cox are continuing their campaign to be crowned the Most Amicably Estranged Couple Ever.

Despite their separation, Arquette will guest-star on Cox's ABC comedy "Cougar Town." Arquette will play a perhaps-overzealous hotel concierge who offers his services to Jules Cobb (played by Cox) and her crew on the show's season finale.

Displaying his own trademark zeal, Arquette expressed his glee over the upcoming appearance on his Twitter account Friday, tweeting at Cox and her co-star Christa Miller, "Can't wait to work with you ladies!"

This is far from the only collaboration for Cox and Arquette since they announced their split in October 2010. The pair co-starred in last year's "Scream 4," and continue to work together via their Coquette Productions, which last year sold a game show pilot, "Identity Crisis," to CBS.

"Cougar Town" will return for its third season on February 14, in place of the quickly yanked cross-dressing comedy "Work It." The season premiere is titled "Ain't Love Strange."

(Editing By Zorianna Kit)

Source: http://us.rd.yahoo.com/dailynews/rss/tv/*http%3A//news.yahoo.com/s/nm/20120128/tv_nm/us_davidarquette_cougartown

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Friday, January 27, 2012

It?s the end of the world, and Jericho feels fine

With the mere utterance of a single declarative sentence Monday night, Chris Jericho revved up a WWE Universe that has patiently waited since Jan. 2 to hear the former champion say something ? anything ? about his headline-grabbing return. (PHOTOS | WATCH)

Now that the silence has officially broken and it is known that Jericho will take part in the 25th anniversary of the Royal Rumble Match, the WWE Universe moves on to the next step in demystifying his reappearance: figuring out what, exactly, his foreboding intimation on Raw SuperShow is supposed to mean.

As with everything else that Jericho has done since coming back, his curt proclamation Monday night posed more questions than it answered.

?This Sunday at the Royal Rumble, it?s going to be the end of the world as you know it,? he concisely stated during his first ?Highlight Reel? segment on Raw in nearly four years.

Chris Jericho's intimations continue to confound.Aside from paraphrasing the least karaoke-friendly song in R.E.M.?s catalog, Jericho?s apocalyptic prophecy served largely to befuddle viewers. It has not gone unnoticed that Jericho waited until the first month of a year packed with various end-of-the-world conspiracies to deliver his brief doomsday warning. Yet, with the purported end-time date, Dec. 21, 2012, still months away, smart money says the most incandescent thing the WWE Universe will see Sunday is Jericho?s jacket ? not killer solar flares.

Nor has it been forgotten that the cryptic videos trumpeting Jericho?s return shared a common tagline ? ?The End Begins? ? that seems to speak to whatever Armageddon Jericho has in mind for the Rumble.

So how in the world does one begin making sense of these snippets of information, and what do they portend for the Rumble Sunday?

Let?s begin with what is already known: On Jan. 29, live on pay-per-view, Jericho will enter the Royal Rumble Match, marking the first time in more than a year that the first Undisputed WWE Champion in history will actually compete in the ring. (Jericho?s offense during Raw SuperShow?s six-Superstar tag team match two weeks ago was limited to tagging in and out of the action.) With his legacy firmly intact, Jericho has made the bold, if not foolhardy, decision to shake off any lingering ring rust in one of WWE?s most trying and prestigious battling grounds ? the Royal Rumble Match.

By foretelling that the ?end of the world? will happen at the Royal Rumble, maybe Jericho was simply warning his fellow Superstars to not sleep on the cagey warhorse returning from a long layoff. ?It?s not outside the realm of possibility that Jericho believes life for WWE Superstars is easier without him in the picture; perhaps the Royal Rumble Match ? and a Jericho victory ? would signify the end of the cushy life for Superstars who?ve grown accustomed to a post-Jericho world.

Maybe Jericho?s remark Monday concerned all that has transpired in WWE during his absence. Since Randy Orton punted Jericho out of action in late 2010, Raw SuperShow has experienced Superstar walkouts and power grabs, not to mention a revolution started in earnest by WWE Champion CM Punk. Jericho sat on the sidelines while WWE underwent radical changes and an entirely new crop of talent blossomed. Could that be the ?world? to which Jericho?s referring?Since his return, Chris Jericho has been warmly received by the WWE Universe.

Or, perhaps it?s wrong to assume it was other Superstars that Jericho was putting on notice with his comment last Monday.

In examining Jericho?s one-sentence promo, it is important to note the exact verbiage he used: ?the end of the world as you know it.? Could he have even been referring to the loyal WWE Universe, which has embraced Jericho?s sometimes-cheesy antics with open arms?

If so, Jericho?s remark would seem to imply that despite his gushing and, at times, tearful, response to the WWE Universe?s warm reception, Jericho?s worldview does not entirely dovetail with theirs. Maybe Jericho?s premonition foreshadows an end in sight for the good feelings?

With the 25th anniversary of Royal Rumble just around the corner, it is only a matter of days before the veil of mystery is lifted and the thrust of Jericho?s vague promise is revealed for all to see. What is clear in the present moment is that Jericho knows something, and the rest of us can only speculate as to what that something is.

Source: http://www.wwe.com/shows/raw/chris-jericho-doomsday-prophecy

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Google upgrades Earth with better rendering, teaches it to sing in perfect harmony

Google's bringing a number of changes to its Earth service courtesy of version 6.2, including Google+ integration and improvements to search. Most notable here, however, is a new method of rendering that stitches aerial photos together in a manner less patchy than before, making for "the most beautiful Google Earth yet," according to the company. The new version is available now for download -- more info in the source link below.

Google upgrades Earth with better rendering, teaches it to sing in perfect harmony originally appeared on Engadget on Fri, 27 Jan 2012 13:14:00 EDT. Please see our terms for use of feeds.

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Thursday, January 26, 2012

Market slips after rally as housing sputters (Reuters)

NEW YORK (Reuters) ? Wall Street dipped on Thursday as housing and financial stocks declined after weaker-than-expected housing data gave investors reason to pause after a recent rally.

Housing-related stocks declined after data showed sales of new single-family homes fell for the first time in four months in December and were shy of Wall Street expectations. The data followed Wednesday's soft pending home sales report and dented optimism that the housing market may have reached a bottom.

Traders said the market's surprising advance at the start of 2012 meant investors are paying close attention to economic reports that differed from the trend of an improving recovery.

"They are paying attention to everything, with the market up where it is right now. For the fire to continue burning, you need more fuel," said Uri Landesman, president at Platinum Partners in New York

Stocks began higher, helped in part by the Federal Reserve's vow on Wednesday to keep interest rates near zero at least until the end of 2014. Investors bet more money would be driven into risky assets, contributing to a rise in the benchmark S&P index of more than 5 percent for the year.

Toll Brothers Inc (TOL.N) lost 3.2 percent to $22.47. The PHLX housing sector index (.HGX) declined 1.1 percent. Banks, which stand to benefit from a recovery in housing, also fell. The KBW Bank index (.BKX) dropped 1.8 percent. SunTrust Banks Inc (STI.N) shed 5.2 percent to $20.50 after Deutsche Bank lowered its rating on the stock.

Stocks rose at the start of the session after data showed orders for durable manufactured goods rose more than expected in December, while unemployment benefit claims last week rose only moderately.

Caterpillar Inc (CAT.N) kept the Dow in positive territory as its shares gained 2.7 percent to $112. The manufacturer posted a jump in quarterly earnings that far exceeded Wall Street expectations on increased global demand for construction machinery and mining equipment.

The Dow Jones industrial average (.DJI) gained 11.27 points, or 0.09 percent, to 12,768.23. The Standard & Poor's 500 Index (.SPX) dropped 4.26 points, or 0.32 percent, to 1,321.79. The Nasdaq Composite Index (.IXIC) lost 8.45 points, or 0.30 percent, to 2,809.86.

3M Co (MMM.N), a conglomerate with operations throughout the economy also supported the Dow after it reported higher-than-expected quarterly earnings as demand from industrial and transport markets offset weak sales to makers of consumer electronics. The shares rose 1.4 percent to $87.71.

This is one of the busiest weeks of earnings season, with 117 S&P companies expected to report. According to Thomson Reuters data, 59 percent of the 152 companies in the S&P 500 that have reported earnings beat analysts' forecasts, down from the 70 percent beat rate in recent quarters at this stage.

AT&T Inc (T.N) posted a $6.7 billion quarterly loss on a break-up fee for its failed T-Mobile USA merger and a pension-related charge on top of costly subsidies for smartphones. The shares fell 2.2 percent to $29.54.

Amgen Inc's (AMGN.O) shares fell 1.3 percent to $68.30 and weighed on the Nasdaq after the world's largest biotechnology company said it would pay more than $1 billion to buy Micromet Inc (MITI.O), a deal that would give it access to the company's novel cancer treatment technology.

Micromet's shares jumped 31.9 percent to $10.92 and were the most heavily traded on Nasdaq.

(Reporting By Chuck Mikolajczak; Editing by Kenneth Barry)

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/nm/20120126/bs_nm/us_markets_stocks

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How to live with the Facebook Timeline

By Rosa Golijan

Facebook

You can pout and you can shout, but there's no avoiding it: You'll soon be forced to use a new profile page design?? better known as the Timeline???on Facebook. It'll be alright though,?because I'm here to (virtually) hold your hand through this big life change.

Woah! Wait! What is this Timeline thing?
Odds are that you've already?heard about?the Facebook Timeline, but let's have a quick review for the sake of those who might've been on a really long vacation or have a (dangerous) tendency to tune out Facebook-related news.

The Facebook Timeline is a new approach to the profile page. According to Facebook CEO Mark Zuckerberg, it's a way to better present "the story of your life."

When someone looks at your Timeline, he or she will be able to see summaries of the most important events in your personal history ? instead of having to scroll through years of silly status updates. You're able to feature (or hide)?"Stories" ? life?events, images, and other details ??in order to create what you feel is the best representation of your life.

Since your personal history no longer starts with the day you joined Facebook, but the date of your actual birth, you are encouraged to go back and add events which weren't previously on Facebook. Please choose what you enter with absolute care, and bear in mind that what you enter (ahem, place of birth, mother's maiden name) could be used for nefarious purposes.

While a lifelong timeline may seem convenient and logical, our own privacy-minded Helen Popkin said this may be "the ultimate Trojan horse,"?a way for Facebook to squeeze even more personal information out of you by posing as an unrequested but alluring feature.

Oh, and you can also?augment your Timeline by using apps which track books you've read, movies you've watched, music you've listened to, and so on. (Yeah, this can get a bit creepy?? so you'll probably want to fiddle with your privacy settings. More on that later.)

I don't really want this! How do I avoid it?
As I said when we started our journey down the Timeline rabbit hole: You can pout and shout as much as you want, but there's no avoiding Timeline.

As?Paul McDonald, an engineering manager on the Timeline team, explained recently:

Over the next few weeks, everyone will get timeline. When you get timeline, you'll have 7 days to preview what's there now. This gives you a chance to add or hide whatever you want before anyone else sees it. ...?

?You can also choose to publish your timeline at any time during the review period. If you decide to wait, your timeline will go live automatically after seven days. Your new timeline will replace your profile, but all your stories and photos will still be there.

A warning whistle, a seven-day head start, and ... that's it, that's all you're getting. If anyone is trying to convince you that there's a loophole or a way to outsmart Facebook on this particular issue, odds are that he or she is trying to scam you.

Facebook

Fine. I'll live with this somehow, but can I at least hold on to my privacy?
As Lifehacker's Whitson Gordon points out, the?"one big downside to the Timeline layout is that you can easily see every post you've ever made or received on Facebook. All anyone needs to do is go to a certain year on your profile and click the "All Posts" button."

Yes, that particular downside could lead to quite a bit of embarrassing moments, awkward confrontations, and so on.

Thankfully there are two ways to minimize humiliation. Neither of them is particularly perfect, but they help a bit.

Facebook

As tedious as it is, you could go through your Timeline and hide (or delete) individual posts. All you have to do is click the little pencil icon on a post and you'll be presented with the different options.

Of course, this process could take forever and a day if you're a particularly active Facebook user. (I told you it wasn't perfect.)

Facebook

The other action you can take to prevent some embarrassment involves the posts which are visible to the general public or friends of friends. You can change the privacy setting for all of those posts to "friends only" with just one click.?

Live Poll

Are you properly prepared for the arrival of the Timeline?

  • 174337

    Wait. What? This is actually happening?

    75%

  • 174338

    I've been ready for this since it was first announced. Wake me up when there's real news.

    9%

  • 174339

    I ... I think so. I am, right? Did I forget about something?

    12%

  • 174340

    Ready? I was born ready (and made myself some custom Timeline cover images later on).

    4%

VoteTotal Votes: 1464

You just have to head to the "Privacy Settings" menu, select the "Manage Past Post Visibility" button next to "Limit the Audience for Past Posts." You'll see a little popup which will confirm that you really want to limit the visibility of your old posts and you're done.

But, as?Gordon notes, this particular move "won't hide those posts from your friends, but it will at least keep everyone else on Facebook from being able to browse every post you've ever made public."

Unfortunately that's about all you can do to shelter what little bit or privacy you have left when you're forced to switch over to the Timeline layout. You can?? and should?? be vigilant about what you post in the first place and what sort of state your general privacy settings are in though, of course. (For more details on that, I recommend checking out Lifehacker's "always up-to-date guide to managing your Facebook privacy.")

Facebook

New York Times columnist Nick Bilton gets creative with his Timeline cover image.

Can I at least make this thing look pretty?
One of the first things you'll notice about the Timeline is that it puts a gigantic photo front and center. This is called the "cover" photo and you're prompted to select one as soon as your profile is converted to this new design. (You can change the cover image as often as you want.)

You can use (or abuse) this feature to make your little corner of the social network look as unique as a snowflake.

Your decorating options include ready-made images ??such as the geeky or intense illustrations artist Sam Spratt made available on BuzzFeed?? or your own creations.

Facebook

Buzzfeed's Director of Creative Services Tanner Ringerud shows how a profile photo can interact with a cover image on Facebook.

If you're really itching to have a one-of-a-kind image, then the best thing to do is is to brainstorm until you find a way to make the large cover image interact with your profile photo. The only tricky part ? aside from actually coming up with a clever idea ? is that you need to keep the proportions of the images in mind to make sure that everything looks perfect.

So make note that the large cover image is 851 x 315 pixels and that the smaller profile photo is 125 x 125 pixels.

That's really all there is to it?
Yes, that's all you really need to know about the Facebook Timeline??? what it is, why you can't avoid it, how to keep it from embarrassing you, and how to make it look pretty.

Not so bad after all, right?

Now go on and pass this handy-dandy guide on to your confused friends and family members so that you can enjoy your last seven Timeline-free days in peace.

Related stories:

Want more tech news, silly puns, or amusing links? You'll get plenty of all three if you keep up with Rosa Golijan, the writer of this post, by following her on?Twitter, subscribing to her?Facebook?posts, or circling her?on?Google+.

Source: http://digitallife.today.msnbc.msn.com/_news/2012/01/25/10232841-facebook-timeline-what-you-need-to-know

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Wednesday, January 25, 2012

Hey Nerds, Don't Protest Against the Wrong SOPA [Sopa]

Before a few dense senators threatened to start shutting down websites without any semblance of due process, there was another SOPA: the Scottish Organic Producers Association. And unfortunately, this small band of farmers undeservingly found themselves on the receiving end of last week's public fury. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/0P36ANzadpk/hey-nerds-dont-protest-against-the-wrong-sopa

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Ben Stiller signs for HBO comedy pilot (Reuters)

LOS ANGELES (TheWrap.com) ? Ben Stiller has signed on for the HBO pilot "All Talk," and "M*A*S*H" star Alan Alda is in talks to co-star with him, an individual familiar with the project confirms to TheWrap.

The pilot, written by "Extremely Loud and Incredibly Close" author Jonathan Safran Foer, will focus on a Jewish family living in Washington, D.C. The tone is described as "politically, religiously, culturally, intellectually and sexually irreverent."

In addition to starring in the pilot, Stiller is on board to direct and executive-produce. "The Dictator" producer Scott Rudin will also executive-produce, along with Foer and Eli Bush.

Stiller has also been tapped to star in the comedy "Rentaghost," based on a BBC children's series. The big-screen comedy, about a ghost who was a loser in life and tries to find simpatico souls, is being made by Fox.

Deadline first reported the news.

(Editing by Chris Michaud)

Source: http://us.rd.yahoo.com/dailynews/rss/celebrity/*http%3A//news.yahoo.com/s/nm/20120124/tv_nm/us_benstiller

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Tuesday, January 24, 2012

Forecasters see small pickup in growth for 2012

(AP) ? A new economic forecast calls for the U.S. economy to make some modest growth strides this year, but not quite enough to significantly reduce the number of jobless Americans looking for work.

About two-thirds of the economists who participated in the latest National Association for Business Economics survey expect the nation's gross domestic product, or GDP, to grow at a rate above 2 percent this year, according to the outlook released Monday.

GDP reflects the economy's total output of goods and services. The latest forecast is in line with one issued by the group in November that called for the economy to grow 2.4 percent this year.

"That is not the sort of GDP growth that's really going to dramatically improve our labor market, but it's certainly not going to make it worse," Nayantara Hensel, professor of industry and business at National Defense University and chair of the NABE survey, said in an interview.

GDP growth needs to be above 3 percent to significantly lower unemployment, which is at its lowest rate in nearly three years, but remains at a troubling 8.5 percent.

The NABE economists previously forecast growth of 1.8 percent for all of 2011. Final GDP numbers for the last three months of 2011 are due out Friday.

The recent improvement in the unemployment rate, a pickup in retail sales during the holiday season, and hopefulness that Congress will be able to reach a debt reduction deal, are among the factors behind the rosier GDP outlook among better than 60 percent of the survey respondents.

Almost two-thirds of respondents said they expect no change in employment, the highest share of survey participants to hold that view in recent quarters. And the share of those who expect hiring to pick up in the next six months declined to 27 percent from 29 percent in the previous survey.

That doesn't bode well for new job growth, but it also suggests employers don't expect to slash payrolls further.

A majority of the respondents said wages and salaries are unchanged, while nearly all expect either no change in prices or increases by their companies of 5 percent or less.

The holding pattern on prices could reflect a caution on the part of businesses due to uncertainty in the economy, given the burgeoning debt crisis in Europe, rising tensions with Iran and the potential for higher oil prices, Hensel said.

On the sales front, about 81 percent of the survey participants, which include some company managers, said sales were either unchanged or rising along with profit margins. But 19 percent said sales were falling.

Some 63 percent of the NABE forecasters on the panel expect that there will be no impact from the European debt crisis on sales over the next six months. While about 29 percent reported sales fell 10 percent or less due to the region's lingering debt woes.

The survey was conducted between Dec. 15 and Jan. 5. It is derived from responses given by 63 NABE members

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-01-23-US-NABE-Survey-1st-Ld-Writethru/id-f4d69c97d03b4f4e8d3ef5bd9ba1216a

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Doomed liner's captain trades blame with shipowners (Reuters)

GIGLIO, Italy (Reuters) ? The operators of the Costa Concordia faced questions over their share of the blame for the shipwreck, as divers recovered another body from the stricken liner Sunday, bringing the known death toll to 13.

Captain Francesco Schettino is accused of steering the 290 meter-long cruise ship too close to shore while performing a maneuver known as a "salute" in which liners draw up very close to land to make a display.

Schettino, who is charged with multiple manslaughter and with abandoning ship before the evacuation of 4,200 passengers and crew was complete, has told prosecutors he had been instructed to perform the maneuver by operator Costa Cruises.

Prosecutors say he steered the massive ship within 150 meters of the Tuscan island of Giglio, where it struck a rock that tore a large gash in its hull, letting water flood in and causing the 114,500-tonne ship to capsize.

It is now lying on its side on an undersea ledge, half-submerged and posing a growing environmental threat with the risk that it could slide into deeper waters.

As the search continued into a ninth day, divers found the body of a woman on a submerged deck near the bow of the vessel, bringing the total number of known dead to 13, only eight of whom have been identified.

As the days have passed, there have been growing questions about the ultimate responsibility for the accident, which Costa Cruises has blamed on "unfortunate human error" and placed firmly on the shoulders of the captain. It has suspended Schettino and will not be paying his legal fees.

Costa chief executive Pier Luigi Foschi has said that ships sometimes engage in "tourist navigation" in which they approach the coast but that this is only done under safe conditions and he was not aware of any riskier approaches so close to the shore.

Costa is a unit of Carnival Corp, the world's largest cruise line operator.

According to transcripts of his hearing with investigators leaked to Italian newspapers, Schettino told magistrates Costa had insisted on the maneuver to please passengers and attract publicity.

"It was planned, we were supposed to have done it a week earlier but it was not possible because of bad weather," Schettino said, according to the Corriere della Sera daily.

"They insisted. They said: 'We do tourist navigation, we have to be seen, get publicity and greet the island'."

He said he had performed similar maneuvers regularly over the past four months on the Costa Concordia and on other ships in the Costa fleet along the Italian coast line which is dotted with small islands that are popular with tourists.

"But we do it every time we do the Sorrento coast, Capri, we do it everywhere," he said.

Foschi, who visited Giglio Sunday, declined to respond to Schettino's comments.

"As an investigation by magistrates is currently underway, we cannot give out any information," he said.

BROKEN BLACK BOXES

Italian newspapers have also published photographs of the Costa Concordia apparently performing the "salute" close to other ports including Syracuse in Sicily and the island of Procida, which is near Naples and Schettino's hometown of Meta di Sorrento.

Schettino said the fatal maneuver of January 13 was originally intended to bring the ship half a mile from the shore, "but then we brought it to 0.28" (of a nautical mile), he said.

Investigators have said the actual point of impact was much closer to the shore but establishing the exact sequence of events could be complicated by problems with the recording equipment used to track the ship's progress.

Schettino said the black box on board had been broken for two weeks and he had asked for it to be repaired, in vain.

In the hearing, Schettino insisted he had informed Costa's headquarters of the accident straight away and his line of conduct had been approved by the company's marine operations director throughout a series of phone conversations.

He acknowledged, however, not raising the alarm with the coastguard promptly and delaying the evacuation order.

"You can't evacuate people on lifeboats and then, if the ship doesn't sink, say it was a joke. I don't want to create panic and have people die for nothing," he said.

Costa says Schettino lied to the company and his own crew about the scale of the emergency.

Documents from his hearing with a judge say he had shown "incredible carelessness" and a "total inability to manage the successive phases of the emergency."

Taped conversations show ship's officers told coastguards who were alerted by passengers that the vessel had only had a power cut, even after those on board donned lifevests.

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UNREGISTERED PASSENGERS?

Adding to the growing debate about the ship's safety standards, Franco Gabrielli - head of Italy's Civil Protection authority which is coordinating the rescue operations - said a number of unregistered passengers may have been on board.

Relatives of a missing Hungarian woman told authorities she was on the Costa Concordia with a member of the crew, but her name was not on the list of passengers, he said.

"In theory, there could be an unknown number of people who were on the ship and have not been reported missing because they were not registered," Gabrielli said.

Of the 13 bodies found, only 8 had been identified - four French nationals, an Italian, a Hungarian, a German and a Spaniard. At least 20 people are still unaccounted for.

Minor pollution from detergents and disinfectants aboard the shipwreck had been detected in the waters around the vessel but there was no sign that the heavy fuel in its tanks was leaking, Gabrielli said.

He said tests were being carried out daily on the waters around the ship and a nearby desalination plant that provides drinking water for the island's residents.

"The tests for toxic substances are negative so far," Gabrielli said. "The only significant elements detected, which luckily are not worrying yet, relate to ... detergents and disinfectants used on the ship, for the swimming pool or to clean the bathrooms for example."

Environment experts have warned that contamination of the pristine waters around Giglio, which is in the middle of a national marine park, is already under way and it is imperative to start recovering the fuel oil as soon as possible.

(Writing by Silvia Aloisi and James Mackenzie; Editing by Andrew Roche)

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/nm/20120122/wl_nm/us_italy_ship

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Monday, January 23, 2012

LA detective in Simpson-Goldman murders dies at 70 (AP)

LOS ANGELES ? Philip Vannatter, the Los Angeles police detective who served as a lead investigator in the 1994 murders of Nicole Brown Simpson and Ronald Goldman, has died.

His brother, Joe, says Vannatter died Friday in Southern California of complications from cancer. He was 70.

Vannatter spent 28 years with the LAPD, mostly as a homicide detective. He later consulted on cold-case murders.

He was among the first detectives on the scene at former football star O.J. Simpson's mansion in June 1994, following the stabbing deaths of Simpson's wife Nicole and her friend, Ron Goldman. Vannatter testified at the murder trial, at which Simpson was acquitted.

In 1977, Vannatter conducted the investigation that led to the arrest of film director Roman Polanski on charges of having unlawful sex with a 13-year-old girl.

Source: http://us.rd.yahoo.com/dailynews/rss/obits/*http%3A//news.yahoo.com/s/ap/20120122/ap_on_re_us/us_obit_philip_vannatter

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99% A Separation

Asghar Farhadi's "A Separation" (made in Iran) is a deceptively simple film. On the surface, it seems quite mundane. But gradually, its deeper themes emerge beautifully. It is not just about the specific legal disputes that make up the plot. It's a deep expression of sorrow about the divisions in present-day Persian society. It's complex enough that one could analyze it in different ways ad infinitum. (How often are you able to say that about a film nowadays?!) The divisions that hit me most powerfully are: - Class stratification. The gap between the well-educated professional class and the poorly educated working class is depicted in a brutal, heart-wrenching way. - Religious stratification. The gap between the religious population (Muslim, of course) and the secular population is shown to have some correspondence to class stratification, with the poor and less educated tending to be more religious, but not always. - Family divisions. This is explored several ways. A well-educated family is torn apart over whether to leave Iran. The mother wants to leave; the father does not. Their teenage daughter is caught in the middle, forced to make an agonizing choice: which parent does she want to stay with? Before this, I had always thought that families were united in the desire to migrate. This film clued me into the devastating struggles families go through trying to reach consensus around the momentous decision to uproot the family and possibly never again see family members left behind. A chief reason the man does not want to leave is that he cannot leave his father alone. The divisions inside a poor family are also explored. Here it surrounds whether a married woman should work outside the home. This struggle has religious overtones as well. "A Separation" is uncommonly rich. Its weakness is that it does become tedious at times. There are endless scenes in make-shift courtrooms, where witnesses bicker with each other. The camera work is extremely pedestrian. Farhadi seems to be of the mind that the director's hand should be invisible. He should just set up the camera, point it toward the actors, and turn it on. This approach to filmmaking is risky. Sometimes a flat style is paradoxically exhilarating. But more often it leads to a dull cinematic experience for the audience. Unfortunately, this happened too often during the film, at least for me. But still, there's no denying the depth and uniqueness of "A Separation." I'm delighted that it has become an art-house sensation in America. I also look forward to following Asghar Farhadi's career with more care. (This is the fifth film he has directed but the first I've seen or even heard of.)

January 6, 2012

Source: http://www.rottentomatoes.com/m/a_separation_2011/

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Sunday, January 22, 2012

Complication in first triple limb transplant

(AP) ? A Turkish doctor whose 25-member team performed the world's first triple limb transplant ? two arms and a leg ? says the leg has been removed due to tissue incompatibility.

Dr. Omer Ozkan says 34-year-old Atilla Kavdir is in stable condition after the removal of the leg on Sunday, a day after it was attached. Kavdir lost his arms and right leg when he was 11 after he hit power lines outside his home with an iron rod to scare away pigeons and received an electric shock.

Ozkan said another patient who received a full face transplant from the same donor is in stable condition. It was Turkey's first face transplant.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/bbd825583c8542898e6fa7d440b9febc/Article_2012-01-22-EU-Turkey-Multiple-Transplants/id-29257d913ecc4d699891db8cf613360b

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Santorum says he's pressing on to Florida (AP)

CHARLESTON, S.C. ? Vowing to go forward, Republican Rick Santorum cast his disappointing third-place finish in this state's primary as a hiccup and pledged Saturday to continue campaigning in a race he called "wide open."

Former House Speaker Newt Gingrich claimed the top spot in this state's first-in-the-South primary and former Massachusetts Gov. Mitt Romney claimed second. Undeterred, Santorum did not acknowledge the deficits he faces ? chiefly money and momentum ? and insisted he would press forward with a campaign that increasingly looked to be on its last legs.

"Let me assure you we will go to Florida and we will go to Arizona," he said before supporters interrupted him with cheers of "We pick Rick."

"I ask you: it's a wide-open race. Join the fight," he urged them at an election night rally at the Citadel.

Santorum eked out a narrow win in lead-off Iowa but lost in a blow-out to Mitt Romney in New Hampshire. Santorum had cast South Carolina as a place where he could start a well-financed, traditional campaign, yet he came up well short to Gingrich.

"Three states. Three different winners. What a great country," Santorum said.

For months, Santorum has cast himself as the candidate who can best compare his record with President Barack Obama and pitched himself as the most consistent conservative in the race. The former Pennsylvania senator urged Republicans to stand up for social conservative values and promised to continue his campaign with that unapologetic and, at times, aggressive message.

"This campaign was not going to be about tearing everybody down. It was going to be about negative ads," he said. "It was not going to be about anything other than painting a bold vision for our country. One that believed in the working class values that my grandfather taught to me."

The disadvantages that plagued Santorum early on ? lack of money, shell operations, negligible advertising ? gave way to a more professional campaign here. He had the money to air ads, hire staff and cover as much ground as possible with a private airplane. Many of his senior advisers had deep roots to the state and in recent days he beamed confidently that South Carolina could give him his second win in an early state.

That win didn't come Saturday and his advisers were shuffling to reset the campaign yet again, this time in costly Florida. His aides planned for him to greet voters near Fort Lauderdale on Sunday and then prepare for two debates in the coming week.

But Florida is a costly state where the campaigns are fought on television ads, not diners and storefronts that were the center of Santorum's strategy to this point. The sheer size of Florida is a challenge for candidates to navigate, although Santorum's tentative plans call for him to focus on just one media market a day.

Santorum's outside allies seemed poised to bankroll supportive ads ? at least for now.

"The longer we can keep his candidacy going, the more people can see his qualities," said Foster Friess, a Wyoming businessman and a major contributor to the Red, White and Blue Fund, an outside "super" political committee supporting Santorum. "If you look at Republicans, they always run these old war horses. Santorum is different."

__

Associated Press writer Jack Gillum contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//news.yahoo.com/s/ap/20120122/ap_on_el_pr/us_santorum

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