রবিবার, ৩০ অক্টোবর, ২০১১

Commonwealth leaders raise polio vaccine spending

Queen Elizabeth arrives for a dinner at the Commonwealth Heads of Government in Perth, Australia Friday Oct .28, 2011. (AP Photo/The Canadian Press, Adrian Wyld)

Queen Elizabeth arrives for a dinner at the Commonwealth Heads of Government in Perth, Australia Friday Oct .28, 2011. (AP Photo/The Canadian Press, Adrian Wyld)

Queen Elizabeth II, second left, and Prince Philip, left, greet Nigerian President Goodluck Jonathan, right, and his wife Patience Jonathan at the Commonwealth Heads of Government Meeting (CHOGM) banquet dinner in the Golden Ballroom of Pan Pacific Hotel in Perth Friday, Oct. 28, 2011. (AP Photo/Andrew Meares, Pool)

Nigeria's President Goodluck Jonathan, right, and wife Patience arrive for a banquet dinner during Commonwealth Heads Of Government Meeting (CHOGM) in Perth, Australia, Friday, Oct. 28, 2011. (AP Photo/Rob Griffith, Pool)

British Prime Minister David Cameron gestures during a press conference with Australia's Prime Minister Julia Gillard during Commonwealth Heads Of Government Meeting (CHOGM) in Perth, Australia, Friday, Oct. 28, 2011. (AP Photo/Rob Griffith)

(AP) ? Commonwealth government leaders meeting in Australia have agreed to step up efforts to eradicate polio worldwide despite the Afghanistan war setting back vaccination efforts there and in neighboring Pakistan.

Leaders of Britain, Canada, Australia and Nigeria, as well as billionaire philanthropist Bill Gates, on Saturday committed tens of millions of dollars in additional funding toward eradication of the disabling disease from the four countries where it remains endemic ? India, Afghanistan, Pakistan and Nigeria.

All the polio-endemic countries except for Afghanistan are represented at the three-day summit in the western Australian city of Perth. The summit comprises the leaders of 53 countries, most of them former British colonies.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/bbd825583c8542898e6fa7d440b9febc/Article_2011-10-28-AS-Australia-Commonwealth-Polio/id-7ddb8f1ef98240bfa86db23d03912779

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Tonight, on the Greatest Android Podcast in the world

Hands-on with the Galaxy Nexus, in-app purchases and a bad-ass game

Android Central Podcast

Oooooo. You're not going to want to miss this. We just got our mitts on the Samsung Galaxy Nexus (and the Galaxy Note, again) and will have some thoughts. Plus our new favorite game -- Wind-up Knight, and whether the use of in-app purchases has soured it for us.

So join Phil and the gang -- and, of course, the chat room -- live tonight at 9 p.m. EST / 6 p.m. PST for the live broadcast. You should be there. You will be there. You must be there. After all, you are what makes it the Greatest Android Podcast in the World.

Not at a computer? Pick up the free UStream Viewer from the Android Market [link] and search for Android Central a little before the show (it won't appear until we go live). We'll see you there! AndroidCentral.com/live


Source: http://feedproxy.google.com/~r/androidcentral/~3/2Vq9VQ189Eo/live-announce

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শনিবার, ২৯ অক্টোবর, ২০১১

Occupy protesters rally around wounded Iraq vet

An Occupy Oakland protester spraypaints the side of a building during a march on Wednesday, Oct. 26, 2011, in Oakland, Calif. Except for a couple incidents of graffiti and minor confrontations with police officers, the protesters, who numbered about 1000, remained lawful. (Photo/Noah Berger)

An Occupy Oakland protester spraypaints the side of a building during a march on Wednesday, Oct. 26, 2011, in Oakland, Calif. Except for a couple incidents of graffiti and minor confrontations with police officers, the protesters, who numbered about 1000, remained lawful. (Photo/Noah Berger)

An Occupy Oakland protester topples a fence outside city hall in Oakland, Calif., on Wednesday, Oct. 26, 2011. The fence was meant to keep out protesters who had camped out for the past two weeks before police raided the plaza early Tuesday. (AP Photo/Noah Berger)

An Occupy Wall Street demonstrator is arrested during a march in solidarity with their sister protest in Oakland, California, Wednesday, Oct. 26, 2011, in New York. The recent display of force in Oakland and Atlanta has unnerved some protestors while rallying others, creating an atmosphere of uncertainty and exacerbating the current distrust of the police. (AP Photo/John Minchillo)

An Occupy Wall Street demonstrator is arrested during a march in solidarity with their sister protest in Oakland, California, Wednesday, Oct. 26, 2011, in New York. The recent display of force in Oakland and Atlanta has unnerved some protestors while rallying others, creating an atmosphere of uncertainty and exacerbating the current distrust of the police. (AP Photo/John Minchillo)

Placards hang on a fence near tents forming a camp set-up by Occupy London Stock Exchange protesters outside St Paul's Cathedral in London, Thursday, Oct. 27, 2011. The senior St. Paul's Cathedral priest who welcomed anti-capitalist demonstrators to camp outside the London landmark resigned Thursday, saying he feared moves to evict the protesters could end in violence. Canon Chancellor Giles Fraser said on Twitter that "it is with great regret and sadness that I have handed in my notice at St. Paul's Cathedral." (AP Photo/Matt Dunham)

(AP) ? Veering around police barricades, anti-Wall Street protesters held a late-night march through Oakland streets, a day after one of their number ? an Iraq War veteran ? was left in critical condition with a fractured skull following a clash with police.

The show of force in Oakland along with SWAT arrests in Atlanta have sent chills among some anti-Wall Street demonstrators.

But another showdown between police and protesters in Oakland appeared to be averted late Wednesday night as several hundred filed out of a plaza declared off-limits for overnight use and marched through nearby streets.

An AP photographer on the scene said police erected barricades to prevent the marchers from reaching a freeway, sending the group down side streets en masse.

Small contingents of officers could be seen following behind but there were no signs of any confrontations or arrests. The march tapered off after about an hour, with most of the protesters apparently dispersing.

At least one tent was back up Thursday morning, along with a handful of people. Police two days earlier cleared the plaza, which had grown to dozens of tents and raised health and safety concerns among city officials.

On Tuesday, an Iraq War veteran marching with Oakland demonstrators suffered a cracked skull in the chaos between officers and protesters, further raising concern among some in the movement.

Scott Olsen, a 24-year-old Marine veteran, was in critical condition Wednesday after he had been struck, said a spokesman for Highland Hospital in Oakland.

It was not clear exactly what type of object hit the veteran or who might have thrown it, though the group Iraq Veterans Against the War said officers were responsible.

Police Chief Howard Jordan said at a news conference that the events leading up to Olsen's injury would be investigated as vigorously as a fatal police shooting.

"It's unfortunate it happened. I wish that it didn't happen. Our goal, obviously, isn't to cause injury to anyone," the chief said.

In a show of solidarity with their West Coast counterparts, several hundred members of Occupy Wall Street marched past the padlocked gates surrounding New York's City Hall Wednesday night chanting "March with Oakland." While numerous police officers stood watch, the marchers circled City Hall and then broke up into smaller groups as they returned to Zuccotti Park. Police said early Thursday morning that about 10 people had been arrested.

While demonstrators in other cities have built a working relationship with police and city leaders, they wondered on Wednesday how long the good spirit would last and whether they could be next.

Will they have to face riot gear-clad officers and tear gas that their counterparts in Oakland faced Tuesday? Or will they be handcuffed and hauled away in the middle of the night like protesters in Atlanta?

"Yes, we're afraid. Is this the night they're going to sneak in?" said activist William Buster of Occupy Wall Street, where the movement began last month to protest what they see as corporate greed.

"Is this the night they might use unreasonable force?" he asked.

The message from officials in cities where other encampments have sprung up was simple: We'll keep working with you. Just respect your neighbors and keep the camps clean and safe.

Business owners and residents have complained in recent weeks about assaults, drunken fights and sanitation problems. Officials are trying to balance their rights and uphold the law while honoring protesters' free speech rights.

Los Angeles Mayor Antonio Villaraigosa said Wednesday that the Occupy LA encampment outside City Hall "cannot continue indefinitely."

Villaraigosa told the Los Angeles Times that he respects the protesters right to peacefully assemble and express their views, but they must respect city laws and regulations.

San Francisco police have already cleared two encampments. Most recently, police estimated at least five protesters were arrested and several others injured in a clash Tuesday evening.

Some cities, such as Providence, R.I., are moving ahead with plans to evict activists. But from Tampa, Fla., to Boston, police and city leaders say they will continue to try to work with protesters to address problems in the camps.

In Oakland, officials initially supported the protests, with Mayor Jean Quan saying that sometimes "democracy is messy."

But tensions reached a boiling point after a sexual assault, a severe beating and a fire were reported and paramedics were denied access to the camp, according to city officials. They also cited concerns about rats, fire hazards and public urination.

Demonstrators disputed the city's claims, saying that volunteers collect garbage and recycling every six hours, that water is boiled before being used to wash dishes and that rats have long infested the park.

When riot gear-clad police moved in early Tuesday, they were pelted with rocks, bottles and utensils from people in the camp's kitchen area. They emptied the camp near city hall of people, and barricaded the plaza.

Protesters were taken away in plastic handcuffs, most of them arrested on suspicion of illegal lodging.

Demonstrators returned later in the day to march and retake the plaza. They were met by police officers in riot gear. Several small skirmishes broke out and officers cleared the area by firing tear gas.

The scene repeated itself several times just a few blocks away in front of the plaza.

Tensions would build as protesters edged ever closer to the police line and reach a breaking point with a demonstrator hurling a bottle or rock, prompting police to respond with another round of gas.

The chemical haze hung in the air for hours, new blasts clouding the air before the previous fog could dissipate.

The number of protesters diminished with each round of tear gas. Police estimated that there were roughly 1,000 demonstrators at the first clash following the march. About 100 were arrested.

On Wednesday, Oakland officials allowed protesters back into the plaza but said people would be prohibiting from spending the night, potentially bringing another clash with police.

About 1,000 people quickly filled the area, but later many of them filed out and began their march. By early Thursday, about 50 people were left at the site and few police could be seen.

In Atlanta, police in riot gear and SWAT teams arrested 53 people in Woodruff Park, many of whom had camped out there for weeks as part of a widespread movement that is protesting the wealth disparity between the rich and everyone else.

Mayor Kasim Reed had been supportive of the protests, twice issuing an executive order allowing them to remain.

Reed said on Wednesday that he had no choice to arrest them because he believed things were headed in a direction that was no longer peaceful. He cited a man seen walking the park with an AK-47 assault rifle.

"There were some who wanted to continue along the peaceful lines, and some who thought that their path should be more radical," Reed said. "As mayor, I couldn't wait for them to finish that debate."

Reed said authorities could not determine whether the rifle was loaded, and were unable to get additional information.

An Associated Press reporter talked to the man with the gun earlier Tuesday.

He wouldn't give his name ? identifying himself only as "Porch," an out-of-work accountant who doesn't agree with the protesters' views ? but said that he was there, armed, because he wanted to protect the rights of people to protest.

In Portland, Ore., the protest seems to be at a crossroads. Organizers have been dealing with public drunkenness, fighting and drug abuse for weeks, especially among the homeless who are also in the camp.

Some are floating the idea of relocating it, possibly indoors. Others see that as capitulation.

"I don't know if it would be a good idea. Part of the effectiveness of what's going on here is visibility," protester Justin Neff said. "Though I'd do it if there's a possibility that we'd get seen and noticed. I don't know how that would work indoors."

City officials haven't said what would cause them to forcibly evict the protesters. They said they evaluate the camp daily.

In Baltimore, protesters like Casey McKeel, a member of Occupy Baltimore's legal committee, said he wasn't sure aren't sure what to expect from city officials, noting that some cities have arrested protesters in recent weeks.

"Across the country we're seeing a wide range of reactions," he said. "For now we're hoping the city will work with us."

Mayor Stephanie Rawlings-Blake said she is willing to work with them, but they should realize that they are camping out in a city park and that was not its intended use.

"I have absolutely no interest in a violent exchange," she said. "It's not about pitching a tent. It's about getting the work done."

___

Contributing to this report were Associated Press writers Marcus Wohlsen and AP photographer Marcio Sanchez Oakland; Nigel Duara in Portland, Ore.; Sarah Brumfield in Baltimore, Md.; Verena Dobnik and Samantha Gross in New York; Harry R. Weber, Errin Haines and Jeff Martin in Atlanta; Erica Niedowski in Providence, R.I.; Michael J. Crumb in Des Moines, Iowa; Ben Nuckols in Washington; and Jay Lindsay in Boston.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2011-10-27-Wall%20Street%20Protests/id-d7f29d3ac04541ae80db7e758078b090

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Climate unknown: How quickly sea level will rise

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বৃহস্পতিবার, ২৭ অক্টোবর, ২০১১

Daily Coffee May Lower Your Skin Cancer Risk (HealthDay)

MONDAY, Oct. 24 (HealthDay News) -- Your morning coffee might do more than jump-start your day. Researchers say that daily caffeine jolt might also reduce your risk of developing a type of skin cancer.

Basal cell carcinoma is the most common form of skin cancer, with nearly one million new cases diagnosed each year in the United States. A diet that contains even a small protective factor may have great public health impact, the researchers said.

"Our study indicates that coffee consumption may be an important option to help prevent basal cell carcinoma," said lead researcher Fengju Song, a postdoctoral fellow in the department of dermatology at Brigham and Women's Hospital and Harvard Medical School in Boston.

"The amount of caffeine consumption was inversely associated with risk," Song said, meaning the more coffee consumed, the lower the risk of skin cancer.

The study could not prove cause-and-effect, however, and at this point the finding remains an association only.

Decaffeinated coffee was not associated with a decreased risk of basal cell carcinoma, and the researchers said any protective effect would likely be because of caffeine, a stimulant. The study authors also expressed surprise that coffee did not reduce the risk of two other types of skin cancer, squamous cell carcinoma and the less common but potentially deadly melanoma.

Earlier experiments in mice found caffeine helped reduce the development of squamous cell carcinoma by eliminating cells damaged by ultraviolet radiation, but that effect was not seen in the current study.

The results were scheduled for presentation Monday at an American Association for Cancer Research International Conference in Boston.

For the study, Song's team collected data on nearly 113,000 adults -- almost 73,000 women who took part in the U.S. Nurses' Health Study and almost 40,000 men who were part of the Health Professionals Follow-Up Study.

Over more than 20 years of follow-up, more than 25,000 cases of skin cancer were diagnosed among the men and women in the studies. Of these, about 23,000 were basal cell carcinoma, about 2,000 were squamous cell cancer and 741 were melanoma.

The researchers found that women who drank more than three cups of coffee a day had a 20 percent lower risk of developing basal cell carcinoma compared with women who drank less than one cup of coffee in a month.

For men, the risk was 9 percent lower for those who drank three cups of java daily compared with those who drank less than one cup a month, Song's group noted.

The risk for women who drank the most coffee was lowered 18 percent; for men who downed the most coffee, the risk was reduced 13 percent, Song's team found.

Additional studies exploring the mechanism behind this association are needed, Song said. People who spend a lot of time in the sun are more likely than others to develop skin cancer, but coffee's role in prevention is still not understood.

Dr. Robert S. Kirsner, professor and vice chairman of dermatology and cutaneous surgery at the University of Miami Miller School of Medicine, said the findings "could open a new avenue of developing chemo-prevention for non-melanoma skin cancer."

However, Kirsner doesn't advise starting to drink coffee solely to prevent skin cancer.

Although basal cell carcinoma is rarely fatal, there may be consequences of treatment, including disfigurement, especially if it is ignored, he said.

Because it is so common, the cost of treating basal cell carcinomas is "huge," he added. Prevention would affect overall health funding.

Also, some evidence suggests that having one type of skin cancer makes other cancers more likely, Kirsner said. "The obvious ones are other skin cancers, but also non-skin cancers, for example, lymphoma or testicular cancer.

"The question is, is this just by chance, or is it a shared risk factor, or is it something basal cell carcinoma induces that makes it more likely for those cancers to develop?" he said.

"Preventing a basal cell carcinoma may have other benefits than just preventing that cancer," Kirsner added.

Research presented at meetings should be considered preliminary until published in a peer-reviewed medical journal.

More information

For more information on skin cancer, visit the American Cancer Society.

Source: http://us.rd.yahoo.com/dailynews/rss/cancer/*http%3A//news.yahoo.com/s/hsn/20111025/hl_hsn/dailycoffeemayloweryourskincancerrisk

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Joe the Plumber plans big news on bid for Congress (AP)

TOLEDO, Ohio ? Joe the Plumber, who became a household name after questioning Barack Obama about his economic policies during the 2008 presidential campaign, will announce Tuesday whether he plans to run for Congress in Ohio.

Samuel "Joe" Wurzelbacher's statement of candidacy filed with the Federal Election Commission earlier this month says he plans to run as a Republican in Ohio's 9th U.S. House district.

The seat is now held by Marcy Kaptur, the longest serving Democratic woman in the House. She's expected to face a primary challenge from Rep. Dennis Kucinich after Ohio's redrawn congressional map combined their two districts into one that appears to heavily tilted toward Democrats.

Cuyahoga County Republican Chairman Rob Frost who had announced he would seek the GOP nomination dropped out last week, clearing the way for Wurzelbacher who recently launched the website http://www.joeforcongress2012.com.

Wurzelbacher, 37, is now an icon for many anti-establishment conservatives and has built a national following that should help him raise money if he runs.

He's also written a book, worked with a veterans' organization that provides outdoor programs for wounded soldiers and traveled the country speaking at tea party rallies and conservative gatherings.

He's shown a disdain for politicians ? both Democrat and Republican.

"Being a politician is as good as being a weatherman," Wurzelbacher said at a tea party rally last year in Nevada. "You don't have to be right, you don't have to do your job well, but you'll still have a job."

Wurzelbacher went from toiling as a plumber in suburban Toledo three years ago to media sensation in a matter of days.

After questioning then-candidate Obama about his economic policies, Republican U.S. Sen. John McCain repeatedly cited "Joe the plumber" in a presidential debate. Wurzelbacher campaigned with McCain and his running mate, Sarah Palin, but he criticized McCain in his book and said he did not want him as the GOP presidential nominee.

Wurzelbacher also became a target for Democrats.

Ohio's former human services director and others were accused of misusing state computers to illegally access his personal information. A judge dismissed a lawsuit Wurzelbacher filed that said his rights were violated.

Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//news.yahoo.com/s/ap/20111025/ap_on_el_ho/us_joe_the_plumber_congress

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বুধবার, ২৬ অক্টোবর, ২০১১

Netflix stock plunges on brutal 3Q, somber outlook

FILE - In this Oct. 10, 2011 file photo, the exterior of Netflix headquarters is seen in Los Gatos, Calif. Netflix?s third-quarter earnings rose 65 percent even though the video subscription service suffered the biggest customer losses in its history, according to earnings reports released Monday, Oct. 24, 2011. (AP Photo/Paul Sakuma, File)

FILE - In this Oct. 10, 2011 file photo, the exterior of Netflix headquarters is seen in Los Gatos, Calif. Netflix?s third-quarter earnings rose 65 percent even though the video subscription service suffered the biggest customer losses in its history, according to earnings reports released Monday, Oct. 24, 2011. (AP Photo/Paul Sakuma, File)

In this Oct. 1, 2011 photo, a Netflix DVD envelope and Netflix on-screen television menu are shown in Surfside, Fla. Netflix?s third-quarter earnings rose 65 percent even though the video subscription service suffered the biggest customer losses in its history, according to earnings reports released Monday, Oct. 24, 2011. (AP Photo/Wilfredo Lee)

(AP) ? Netflix jolted its shareholders again with a third-quarter financial report that portrayed a company in crisis.

The video subscription service's latest blooper reel, released Monday, included an even larger customer exodus than the company had foreseen after announcing an unpopular price increase in July. What's worse, the report contained a forecast calling for more defections during the next few months.

The backlash will deprive Netflix Inc. of some of the revenue that management had been counting on to finance the company's expansion plans while it pays higher fees for Internet video streaming rights. The result: Netflix expects to post losses next year when it starts selling its steaming service in Britain and Ireland. The company didn't offer further specifics besides saying it won't go into any other overseas markets until it's making money again.

None of the developments pleased Wall Street as Netflix lost more than a quarter of its value after the bad news came out. If that sharp decline holds in Tuesday's trading, it will mark the first time Netflix's stock price has fallen below $100 in nearly 14 months.

Netflix shares shed $32.01, or nearly 27 percent, to $86.83 in Monday's extended trading.

It's the latest setback for a former stock market darling whose shares topped $300 just 4-? months ago. Netflix's market value had already plunged by about 60 percent, or nearly $9 billion, before Monday's late sell-off.

Netflix lost its luster among consumers and investors by raising prices as much as 60 percent in the U.S. and bungling an attempt to spin off its DVD-by-mail rental service.

Raising the prices had to be done, according to Netflix CEO Reed Hastings. He said, however, that Netflix should have taken more time to explain to subscribers that the company needed the money to pay movie and television studios for rights to stream more video over high-speed Internet connections.

"We became a symbol of the evil, greedy corporation," Hastings said in a Monday interview with The Associated Press. "Then we faced a reputational hit that created significantly more cancellations than we anticipated."

The company, which is based in Los Gatos, ended September with 23.8 million U.S. subscribers, down about 800,000 from June. Netflix had predicted it would lose about 600,000 U.S. subscribers in a forecast released last month.

Management expects to gain U.S. subscribers in the current quarter, although Netflix didn't set a specific target. But a substantial number of Netflix's customers are expected to choose between renting DVDs through the mail, or streaming Internet video, instead of paying for both services.

The biggest hit is expected on the DVD side, a service that Netflix has been de-emphasizing to save money on mailing costs as its spends more to license movies and TV shows for its Internet video library. The company expects its DVD subscribers to fall from 13.9 million as of Sept. 30 to as low as 10.3 million at the end of December.

Hastings said he expects Netflix's DVD subscriptions to steadily decline, much like what has happened to AOL Inc.'s dial-up Internet connection service during the past decade as high-speed alternatives became more affordable.

Netflix's streaming subscriptions in the U.S. may rise by as much as 100,000 subscribers in the quarter, according to the company's projections.

The company's outlook looks even grimmer compared with how rapidly Netflix had been growing. From the end of 2009 through June of this year, Netflix had gained 12.3 million U.S. subscribers ? adding an average of 2 million customers every three months.

From a financial perspective, Netflix did better than analysts expected in the July-September period.

The company earned $62.5 million, or $1.16, per share, in the third quarter. That compared to income of $38 million, or 70 cents per share, at the same time last year.

The performance topped the average earnings estimate of 96 cents per share among analysts polled by FactSet.

Netflix's revenue climbed 49 percent from the same time last year to nearly $822 million ? about $9 million above analyst estimates.

Netflix's downfall leaves Hastings ? the only CEO the company has ever had ? in a precarious position.

Once regarded as one of the savviest leaders in technology and entertainment, Hastings has turned into a punching bag for frustrated Netflix customers and shareholders. Many of them are still befuddled by his recent decision making.

After Netflix's higher prices kicked in on Sept. 1, Hastings amplified the outrage by outlining a plan to toss the DVD rental business onto a separate website called Qwikster. The split from the Internet streaming service got panned so badly that Hastings reversed course in less than three weeks.

"I am not a quitter," Hasting said Monday after the AP asked him if would heed some investor calls for him to resign. "We made some mistakes, but I think our 10-year track record is extremely positive. We are going to focus on making this a great global streaming business. I am very excited about that."

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/495d344a0d10421e9baa8ee77029cfbd/Article_2011-10-24-Earns-Netflix/id-96ad1e8d1129498b90d37fd03a4d64c0

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মঙ্গলবার, ২৫ অক্টোবর, ২০১১

The 100-year-old marathoner snubbed by Guinness World Records (The Week)

New York ? Centenarian Fauja Singh completes the Toronto marathon, but the record keepers say he doesn't have adequate proof of his wise, old age

Hearts were warmed around the world earlier this month when Britain's Fauja Singh, 100, became the oldest man ever to complete a full marathon. On October 16, Singh finished the Scotiabank Toronto Waterfront Marathon in eight hours, 25 minutes and 16 seconds. It was one for the record books, or so it seemed. Now, Guinness World Records is refusing to recognize Singh's feat because he can't produce his birth certificate from 1911. Here, a brief guide to the sporting world's birther scandal:

Who is Fauja Singh?
After his finish in the Toronto marathon, the 100-year-old east Londoner began claiming the title of world's oldest marathoner. As a younger man, Singh earned a place in Guinness World Records' "over 90" category for finishing the 2003 Toronto marathon in five hours and 40 minutes. (The organization says that record isn't ratified either.) Singh has lived in the U.K. since 1992. He previously worked as a farmer in Punjab. In recent years, he's appeared in the Adidas "Nothing is Impossible" campaign. He has completed ten marathons.

What proof is Guinness demanding?
The organization requires Singh's 1911 birth certificate from India. Singh's trainer, Harmandar Singh, who acts as a spokesperson for the runner because Singh doesn't speak English, has said that such documents weren't available at the time. "In the developing countries, their standards simply aren't up to western standards," he says. In lieu of a birth certificate, Singh has offered his passport and a letter from the Queen wishing him a happy 100th birthday. The record keepers say that just won't do. "We would love to give him the record," says Craig Glenday, Guinness World Records' editor-in-chief. "The problem is there is just no evidence." "Come on! Just? look at him!" exclaims Mark Remy at Runner's World. "He's gotta be 100 years old! At least! Did you not see the man's beard?"

Has Singh's passport been enough proof for other organizations?
Yes. The World Masters Athletics website accepts the passport as proof. Singh's 2003 marathon is listed on the site. There are also claims that Singh holds the U.K. records for his age group at various short distances, from 200 meters to 3,000 meters, but the British Master Athletics says they're not official records because official timekeepers were not present.

How long has he been running?
Not long. When his wife and son died 11 years ago, Singh took up competitive running and decided to pursue a world record so as not to wallow in his grief. He credits running, his vegetarian diet, and his stress-free existence for his long life. "I won't stop running until I die," he says.

Sources: BBC News, Runner's World, TIME, Yahoo

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iPad Sales Have Reached The Plateau (The Atlantic Wire)

The gadget is a hit, but its share of the market for tablet computers fell sharply last quarter, as Android devices surged.

Related: Android's Browser Leaves the iPhone's in the Dust

The numbers are deceptive.

Related: Survey: iPhone Could Gain on Android, BlackBerry Very Quickly

Apple shipped 20 percent more iPads in the past three months, PC World reports. But a report Friday from Strategy Analytics showed Apple's market share for tablet computers fell from 96 percent to 67 percent. Android devices are closing in on one-third of the market, at 27 percent.

Related: All the Ways Apple Keeps Secrets (That We Know Of)

The upshot is likely a price-cut for iPads, to stay competitive with devices like Amazon's Kindle Fire, which will retail for $199.

So if Apple wants to compete in that mainstream market, Mainelli maintained, it's going to need to augment its media tablet lineup with lower-priced products. That doesn't necessarily mean introducing something like a seven-inch iPad, as has been suggested by some observers. Apple can simply adopt the strategy it has used for its iPhone lineup, Mainelli noted.

...

"Lower-priced iPads would increase Apple's total available market, and would give competitors already reeling from Amazon's $199 product announcement yet another reason to lose sleep at night," he added.

Source: http://us.rd.yahoo.com/dailynews/rss/personaltech/*http%3A//news.yahoo.com/s/atlantic/20111023/tc_atlantic/ipadhasreachedplateaustatus44014

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সোমবার, ২৪ অক্টোবর, ২০১১

APNewsBreak: Banks nowhere near deal on Greece

CAPTION CORRECTION, CORRECTS SURNAME FROM JUNCKER TO TRICHET - Greek Finance Minister Evangelos Venizelos, left, speaks with ECB President Jean-Claude Trichet during a meeting of EU finance ministers at the EU Council building in Brussels on Saturday, Oct. 22, 2011. Eurozone finance ministers said Saturday they have agreed that banks should accept substantially bigger losses on their Greek bonds, with a new report suggesting that writedowns of up to 60 percent may be necessary. (AP Photo/Virginia Mayo)

CAPTION CORRECTION, CORRECTS SURNAME FROM JUNCKER TO TRICHET - Greek Finance Minister Evangelos Venizelos, left, speaks with ECB President Jean-Claude Trichet during a meeting of EU finance ministers at the EU Council building in Brussels on Saturday, Oct. 22, 2011. Eurozone finance ministers said Saturday they have agreed that banks should accept substantially bigger losses on their Greek bonds, with a new report suggesting that writedowns of up to 60 percent may be necessary. (AP Photo/Virginia Mayo)

Greek Finance Minister Evangelos Venizelos, left, speaks with ECB President Jean-Claude Trichet during a meeting of EU finance ministers at the EU Council building in Brussels on Saturday, Oct. 22, 2011. Eurozone finance ministers said Saturday they have agreed that banks should accept substantially bigger losses on their Greek bonds, with a new report suggesting that writedowns of up to 60 percent may be necessary. (AP Photo/Virginia Mayo)

Greek Finance Minister Evangelos Venizelos, left, speaks with ECB President Jean-Claude Trichet during a meeting of EU finance ministers at the EU Council building in Brussels on Saturday, Oct. 22, 2011. Eurozone finance ministers said Saturday they have agreed that banks should accept substantially bigger losses on their Greek bonds, with a new report suggesting that writedowns of up to 60 percent may be necessary. (AP Photo/Virginia Mayo)

Spanish Finance Minister Elena Salgado, left, speaks with German counterpart Wolfgang Schaeuble during a meeting of EU finance ministers at the EU Council building in Brussels on Saturday, Oct. 22, 2011. Eurozone finance ministers said Saturday they have agreed that banks should accept substantially bigger losses on their Greek bonds, with a new report suggesting that writedowns of up to 60 percent may be necessary. (AP Photo/Virginia Mayo)

ECB President Jean-Claude Trichet looks at his watch during a meeting of EU finance ministers at the EU Council building in Brussels on Saturday, Oct. 22, 2011. Eurozone finance ministers said Saturday they have agreed that banks should accept substantially bigger losses on their Greek bonds, with a new report suggesting that writedowns of up to 60 percent may be necessary. (AP Photo/Virginia Mayo)

(AP) ? A top bank lobbyist insisted Saturday that banks and the eurozone are far from reaching a deal to cut Greece's debt, despite claims by eurozone finance ministers that they will ask banks to take steeper losses on their Greek bonds.

Although the ministers did not say how much of a cut they are aiming for, a report from Greece's international debt inspectors suggested that the value of Greece's bonds may have to be slashed as much as 60 percent to get the country solvent enough to repay its debt.

The ministers on Saturday sent their chief negotiator, Vittorio Grilli, to re-start discussions with banks and other private investors on a new deal for Greece.

However, Charles Dallara, the managing director of the Institute of International Finance, who has been leading the negotiations for the banks, said in an interview with The Associated Press that an agreement remained elusive.

"We're nowhere near a deal," he said.

Banks in July agreed to accept losses of about 21 percent on their Greek bonds. However, eurozone leaders have since reopened the deal and Greece's international debt inspectors ? the so-called troika of the European Commission, the European Central Bank and the International Monetary Fund ? say Greece's economic situation has deteriorated dramatically since the summer.

In a report Friday, the inspectors said that under the July deal, Greece would need an extra euro252 billion ($347 billion) in loans from the eurozone and the IMF ? on top of the euro110 billion ($152 billion) it has been relying on to pay bills since May 2010.

But Dallara said new plans to slash Greece debt would still leave the country as "a ward of Europe" for years.

He declined to say how much in losses banks would be willing to accept, saying only "we would be open to an approach that involves additional efforts from everyone."

Dallara was in Brussels, where eurozone finance ministers have been meeting for two days of talks.

The eurozone has been working to reach a voluntary agreement with banks, rather than forcing losses onto the lenders, because that could avoid triggering billions of euros on payout for bond insurance and could destabilize markets even further. However, in recent weeks some officials have no longer insisted that the deal remain voluntary.

Earlier Saturday, a European official said the EU was on track to agree on forcing banks to raise just over euro100 billion ($140 billion) to ensure they have enough cushion to weather further losses on their Greek bonds as well as market turmoil.

The official spoke on condition of anonymity because the discussions the deal was supposed to be unveiled by EU leaders at their summit Sunday.

"We have made real progress and have come to important decisions on strengthening European banks," George Osborne, Britain's chancellor of the exchequer, said as he left Saturday's meeting. Osborne did not say what the decision was.

Strengthening banks and slashing Greece's debts are critical to solving Europe's crisis, which is now threatening to engulf larger economies like Italy and Spain and is blamed for dampening growth across Europe and even the world.

The euro100 billion figure is likely to disappoint some analysts, although it was above recent press reports. A report by the International Monetary Fund has called for up to euro200 billion ($280 billion) to be poured into banks.

The new rules would force systemically important banks to raise their core capital ratios to 9 percent, compared with just 5 percent to 6 percent they needed to pass EU stress tests this summer. The ratio measures the amount of capital banks hold compared to their risky assets.

Despite that significant progress, agreement on arguably the most important measure has remained elusive to eurozone leaders: boosting the firepower of the currency union's euro440 billion ($600 billion) bailout fund to keep the crisis from spreading.

Increasing the effectiveness of the fund ? called the European Financial Stability Facility ? is meant to help prevent larger economies like Italy and Spain from being unable to afford to borrow money from markets. That's exactly what happened to Greece, Portugal and Ireland and why those three EU countries needed bailouts.

Germany and France still disagree over how to do that and failed to make much progress on that front Friday night. German Chancellor Angela Merkel and French President Nicolas Sarkozy are meeting Saturday evening in the hopes of moving toward a deal.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2011-10-22-EU-Europe-Financial-Crisis/id-6e23e6f4ba564e4eae4d183e73a1cbc7

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রবিবার, ২৩ অক্টোবর, ২০১১

Cain's stumbles fuel doubts on electability (AP)

ATLANTA ? Herman Cain is learning the hard way what it means to face the glare of the national spotlight.

After captivating Republicans hungry for an alternative to Mitt Romney, the presidential hopeful has made a series of stumbles that have left some questioning if he's ready for the White House. The Georgia businessman has been on a media blitz since a rise in the polls catapulted him into the top tier of the race for the Republican party nomination.

But Cain has sometimes appeared to be in over his head. In the last week, he:

_Suggested a fence along the U.S. border with Mexico should be electrified to kill illegal immigrants trying to pass into the United States. Cain later called it a joke and apologized if anyone was offended by the remarks.

_Said he would negotiate for the release of U.S. prisoners held by terrorists, then reversed himself and said he had misunderstood the question.

_Muddied the water on abortion, telling CNN that, while he strongly opposes abortion, "the government shouldn't be trying to tell people everything to do, especially when it comes to social decisions that they need to make." He later issued a statement reiterating his opposition to abortion.

_Amid criticism that his signature 9-9-9 tax overhaul would force the majority of Americans to pay more to the government, he reworked the plan to exclude the poorest Americans and to allow some deductions. Backers of Cain's original plan had praised its simplicity, and piling on loopholes could erode into that support.

Through it all, Cain has appeared unflappable. He chalks up the reversals to the breakneck pace of the race.

"In a couple of instances ... I misspoke because of the pace of the interview. I don't call it a flip-flop. I'd rather come back and explain to people what I really meant," Cain said Friday after an economic speech in Detroit. "It doesn't send mixed messages. It just shows that I'm willing to correct myself ... if in fact I need to correct myself for clarity. That's what I'm trying to achieve."

For those in the GOP still in search of a candidate to back, his rocky rollout on the national stage has reinforced the view that Cain ? he has never held elected office ? is not ready for the big leagues.

"I'm looking for someone that's electable and right now I don't think he fits into that category," said 60-year-old Gene Carkeet of Memphis, Tenn., who attended a recent Cain rally there but remains undecided.

Gwen Ecklund, Republican chairwoman in Crawford County, Iowa, said Cain "has had a bad week."

"I do think it made some people take a second look," she said.

Cain's stumbles come as the campaign of rival Rick Perry shows some early signs of renewed vigor. Perry has plummeted in public opinion polls as Cain has climbed. But the Texas governor turned in a spirited and combative debate performance at a recent forum in New Hampshire and plans to unveil his own tax reform proposal relying on a flat tax under which everyone would pay the same income tax rate.

Cain and Perry are competing for support from tea party groups and evangelical voters.

Ralph Reed, a Republican strategist who founded the national Christian Coalition and now heads the Faith and Freedom Coalition, said Cain is going through the growing pains that come with sudden national exposure.

"It's a learning curve for any candidate who moves from the back of the pack to front of the pack," Reed said. "You undergo the political equivalent of a GI tract exam ... where every word is weighed and chewed over and scrutinized."

Reed said that after months of jumping on every media appearance offered, Cain and his staff must now limit his exposure and hammer home carefully honed talking points.

That's a tall order for a man who has spent years as a conservative radio talk-show host, saying what was on his mind and scoring points for being provacative.

Whether Cain's willingness to retool his 9-9-9 tax plan will be seen as a strength or a weakness is an open question.

"I guess we'll see what the polls say next week," said Grover Norquist, head of Americans for Tax Reform. Norquist had been critical of Cain's original proposal.

Not everyone is disheartened by Cain's missteps. Kay Godwin, co-founder of Georgia Conservatives in Action, said she is still solidly behind him.

""Look at Romney and Perry at the last debate. They can't even be civil to each other on a stage in front of a national audience," Godwin said. "At his core, Herman has the heart to save this country."

____

Elliott reported from Detroit.

____

Follow Shannon McCaffrey at http://www.twitter.com/smccaffrey13

Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//news.yahoo.com/s/ap/20111022/ap_on_el_pr/us_cain_stumbles

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LightSquared foe bias on GPS? (Politico)

When Bradford Parkinson wrote to the FCC in August, urging the commission to scuttle LightSquared?s plans for a nationwide wireless network, he signed off as vice chairman of a board of independent experts that advises federal agencies on GPS-related matters.

Here?s what he didn?t mention: Parkinson is heavily invested ? to the tune of millions of dollars ? in Trimble, a GPS company at the center of an all-out lobbying blitz against LightSquared in Congress and federal agencies, including the FCC.

Continue Reading

Now LightSquared is crying foul, arguing that Washington is getting a skewed view of its business endeavor from the oft-cited Stanford professor and his colleagues on the federal advisory board.

?Parkinson appears merely to have been fulfilling his fiduciary responsibility as a Trimble board member to use his reputation and credibility ? and that of the federal advisory board on which he serves ? to protect his company and its stock owners,? said Terry Neal, a spokesman for LightSquared.

In an interview with POLITICO, Parkinson flatly rejected any suggestion of a conflict between his position on the panel ? formally named the National Space-Based Positioning Navigation & Timing Advisory Board ? and his role at Trimble. He said his advice in the debate has been based on what?s best for the country.

?I have no conflict of interest,? Parkinson said. ?My guess is that Trimble will actually end up with more business? if LightSquared enters the market.

?It?s well known that I?m on the board of Trimble,? Parkinson said, adding that ?everyone of significance is certainly aware of it.?

But a telecom analyst who has followed the LightSquared debate closely said he was unaware of Parkinson?s financial ties to Trimble ? and argued that they deserve wider airing.

?Dr. Parkinson has an exceptionally distinguished record and is clearly being listened to by important government players in this debate, but it?s not clear to me that everyone is aware of his direct involvement in Trimble through his board seat on the company,? said Paul Gallant of MF Global Holdings. ?His Trimble job doesn?t necessarily discredit his science, but government officials always want to know when advocates have a personal financial stake in the outcome.?

The GPS industry is engaged in a pitched battle against LightSquared, arguing that the band of wireless spectrum that the firm intends to use would interfere with GPS devices that rely on an adjacent band. LightSquared calls the charge overblown, at best, saying any interference issues can be resolved. It?s just a matter of who pays for the fixes.

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_stories1011_66459_html/43330008/SIG=11mn6500q/*http%3A//www.politico.com/news/stories/1011/66459.html

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Euro zone wrangling batters stocks (Reuters)

LONDON (Reuters)- Doubts about the euro zone's ability to come up with a comprehensive plan to solve its debt crisis hammered equity markets and hit the euro on Thursday, underlining investor impatience with political wrangling.

World stocks as measured by MSCI (.MIWD00000PUS) were down around 1 percent, European shares lost 1.2 percent and volatile emerging market equities lost nearly 2.2 percent.

Investors are also increasingly concerned about a slowdown in China's economy, fearing that it will become sharp rather than gradual.

Optimism had been growing that the weekend meeting of European Union leaders in Brussels would come up with a substantial plan for dealing with the debt crisis, primarily through ramping up the bloc's bailout mechanism, the EFSF.

But French President Nicolas Sarkozy said on Wednesday that

plans to tackle the crisis had stalled with Paris and Berlin at odds over how to increase the bailout fund.

This kind of wrangling -- a kind of two steps forward, one step backwards process that has been going on for most of this year -- is wearing on investor confidence in government action.

"With the mood they're in at the moment, markets won't even believe anything that is decided (at the summit)," said Justin Urquhart Stewart, director at Seven Investment Management.

A report in the Financial Times that a related plan to plan to strengthen Europe's banking system is set to fall short of market expectations also accentuated the mood.

The pan-European FTSEurofirst 300 (.FTEU3) was down 1.2 percent.

Earlier, Japan's Nikkei (.N225) lost 1 percent.

BONDS IN DEMAND

The mood drove investors into core German bonds, where the yield fell 7 basis points.

More significantly, the spread between the German yield and that of France and Spain widened.

Both countries had what analysts said were reasonably successful bond auctions.

Spain sold 3.91 billion euros of three lines of government bonds in its first bond auction since Moody's cut the country's sovereign ratings by two notches on Tuesday.

France sold 7.49 billion euros of a fixed coupon bond, days after Moody's warned on the country's sovereign ratings.

On foreign exchange markets, the euro fell to $1.3673 before recovering. It is still at a relatively strong rate given the year's focus on the currency bloc's stability.

The euro's downside was considered likely to be limited ahead of the summit.

"As long as hopes for a soft-landing (of the crisis) persist, the euro's downside will probably stay firm, at least for this week and next week," said Makoto Noji, senior bond and currency strategist for SMBC Nikko Securities in Tokyo.

"I don't think we are in a situation where selling will snowball."

(Editing by Stephen Nisbet)

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/nm/20111020/bs_nm/us_markets_global

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The Perry-Romney feud narrative (Politico)

Maggie wrote back in August on the "worst-kept secret of the GOP presidential primary: Mitt Romney and Rick Perry have never liked each other very much." The story goes back to 2006, when Romney was head of the Republican Governors Association and employing a consultant who was also working against Perry's reelection bid. But there's also a biographical and class element to the friction, too.

Today, the Times and the Post look at the history of tension between Romney and Perry, and point out that it's been exacerbated by a season of harsh debates. The Post:

Through the mid-2000s, Perry and Romney were rival governors ? Perry?s big state afforded him a national profile, while Romney, nursing White House ambitions, cultivated one for himself.

Continue Reading

They did not have a productive working relationship, according to Republicans who worked with both men, and each harbored a disdain for the other that was seemingly driven by cultural stereotypes and their perceptions of each other. They share little in their upbringings, careers, faiths or lifestyles.

And the Times:

It was only the third day of his presidential candidacy when Mr. Perry blew kisses into a television camera after being asked about Mr. Romney. ?Give him my love,? Mr. Perry said, brimming with a confidence that has been largely absent during a series of tepid debate performances.

Mr. Romney, by contrast, has spent most of the last several months dismissing Mr. Perry as not ready for the White House. Mr. Romney?s campaign released a video on Wednesday titled ?Ready to Lead?? that mocked Mr. Perry?s stumbling debate performances.

That sense of Mr. Romney looking down his nose at Mr. Perry has intensified the Texas governor?s disregard for his rival, two associates said. Mr. Perry believes that Mr. Romney has been condescending and that he has not taken his candidacy seriously, they said.

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_stories1011_66442_html/43325178/SIG=11mb9ql79/*http%3A//www.politico.com/news/stories/1011/66442.html

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Obama on NC, VA bus tour: 'I'm the president'

President Barack Obama stops to visit with people on the side of the road in Brodnex, Va, Tuesday, Oct. 18, 2011. Obama is on a three-day bus tour promoting the American Jobs Act. (AP Photo/Susan Walsh)

President Barack Obama stops to visit with people on the side of the road in Brodnex, Va, Tuesday, Oct. 18, 2011. Obama is on a three-day bus tour promoting the American Jobs Act. (AP Photo/Susan Walsh)

President Barack Obama visits student in the computer class at Bluestone High School in Skipwith, Va., Tuesday, Oct. 18, 2011. Obama is on a three-day bus tour promoting the American Jobs Act. (AP Photo/Susan Walsh)

President Barack Obama stops to visit with people on the side of the road in Brodnex, Va, Tuesday, Oct. 18, 2011. Obama is on a three-day bus tour promoting the American Jobs Act. (AP Photo/Susan Walsh)

President Barack Obama visits a robotics workshop to watch a demonstration of "Scrappy" Tuesday, Oct. 18, 2011, at Bluestone High School in Skipwith, Va. Obama is on a three-day bus tour promoting the American Jobs Act. (AP Photo/Susan Walsh)

(AP) ? President Barack Obama sought Tuesday to recapture some of the bipartisan appeal that helped get him elected, while using the opportunity to assail GOP lawmakers for blocking his jobs bill.

Appearing in politically important North Carolina to promote his economic measures and his re-election, Obama promised he would work with GOP lawmakers on any serious plan they put forward to help get Americans back to work.

"I'm not the Democratic president or the Republican president. I'm the president," Obama said as the supportive crowd at a community college near Greensboro rose to its feet. The comment echoed Obama's 2008 campaign trail refrain about America being the "United States" and not simply a collection of red states and blue states.

Bipartisan rhetoric aside, Obama has had few discussions with the GOP about the $447 billion jobs bill that Senate Republicans blocked last week. The bill is being broken into pieces so Congress can vote on its individual components.

"We got 100 percent 'no' from Republicans in the Senate," Obama said. "Now that doesn't make any sense."

He said the GOP's jobs plan amounts to gutting environmental regulations, increasing domestic oil production, rolling back Obama-era reforms of the financial system and repealing the health care law enacted last year.

"Now that's a plan," Obama said, "but it's not a jobs plan."

The top Senate Republican, Mitch McConnell of Kentucky, in turn accused Obama of accepting that the economy won't improve significantly by Election Day and trying to blame anyone but himself for it. McConnell said the public will figure it out.

"The president I think has become convinced that the economy is not likely to be much better a year from now. So he has started the campaign 13 months early and he's trying to convince the American people that it's anybody else's fault but his that we're where we are," McConnell said in Washington. "It must be the fault of those Republicans in Congress. It must be the fault of those rich people. It must be the fault of those people on Wall Street."

"I don't think the American people are going to fall for it. He's been the president now for three years," McConnell added.

The White House denies Obama is on a campaign trip. But immediately after his remarks, the president climbed aboard his sleek, million-dollar, Secret Service-approved black bus for the five-hour ride to Emporia, Va., where he was ending the day. The bus rolled to a stop a short time later at Reid's House in Reidsville, N.C., and the diverse crowd cheered loudly as Obama entered the restaurant for lunch.

The president worked the room, stopping to chat with one local couple who said they'd been married 59 years and joking that he and his wife, Michelle, had 40 years to go to catch up. He even complimented a local resident who said he worked in the funeral business, exclaiming, "Fantastic, that's important work!"

Afterward, Obama encountered Laketta Hussain, who was among a group waiting outside and was using a very old cell phone or a cordless phone to talk to her grandmother. Obama took the phone and spoke for a few minutes. "I'm doing good," he said, "except your granddaughter needs a new cell phone."

Obama is on the second day of a three-day tour through North Carolina and Virginia that is giving him a chance to sit back, admire the colorful fall foliage and bask in some small-town Southern hospitality ? in addition to pounding on the Republicans.

"There's just something about North Carolina," he said Tuesday. "People are just gracious and kind. Even the folks who don't vote for me are nice to me." He recalled stopping for barbecue, sweet tea and hush puppies and playfully admonished the audience not to tell his health-conscious wife what he's been eating.

The stated purpose of the trip was to continue selling the jobs bill. But Obama is also selling himself, trying to pump up voters whose enthusiasm may have waned. That's particularly important in North Carolina, a state he wrested from Republicans in 2008 but that could slip from his grasp in November 2012.

To try to recapture some of his past appeal, Obama resorted to the retail politics often missing from the highly scripted White House.

Obama took his lunch of a cheeseburger, fries and sweet tea aboard his "decked out" bus and made a few unscheduled stops during the drive out of North Carolina and through Virginia along twisty backcountry roads past grain silos and fields of hay bales.

He visited a high school computer lab in Skipwith, Va., where he saw a robotics demonstration and a students asked him whether he knew singer Justin Bieber. (He said he did, describing him as "a very nice young man"). Obama also stopped in Brodnax, Va., to greet children sitting on little chairs outside a child care center.

Obama's unscheduled stops aren't wholly impromptu. White House staffers typically scope out areas in advance and Secret Service officers arrive well ahead of him. But they are about as spontaneous as it gets for the president.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2011-10-18-Obama-On%20the%20Road/id-7cfe8223fe7a4d2f9e8cc10e6877d8fa

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U.S. not "trying that hard" on exports: GE's Immelt (Reuters)

NEW YORK (Reuters) ? The United States is not trying hard enough as a nation to win business overseas, and that is contributing to its economic slump, said General Electric Co Chief Executive Jeff Immelt.

That is a big concern since boosting exports is one of the best ways the nation can tackle the stubbornly high unemployment that is leading a growing number of Americans to question how well the economic system is working.

"We're not trying that hard," Immelt told a Thomson Reuters Newsmaker event in New York on Monday. "We haven't really tried as hard as we can to compete, educate and sell our products around the world, and I think we can do better."

Still, the head of the largest U.S. conglomerate and a top adviser to the Obama administration on jobs and the economy believes the United States can improve. He noted that GE expects to generate 60 percent of its sales outside its home country this year.

He held out Germany -- home to one of GE's biggest rivals, Siemens AG -- as an example of a wealthy country that has been successful in pushing exports.

"Chancellor (Angela) Merkel flies from Berlin to Beijing, there's 25 German CEOs that go on the plane right behind her. And they connect the dots. They play hard, they play to win," Immelt said.

President Barack Obama, he added, "has been out driving and pushing to try to double exports in the next five years. I think we can compete very well. But we're not all-in the same way that the Germans are all-in."

The nation's economic malaise, now in its third year, has left many Americans angry and frustrated, Immelt said, and people in power need to empathize.

"Unemployment is 9.1 percent. Underemployment is much higher than that, particularly among young people that don't have a college degree," Immelt said. "It is natural to assume that people are angry, and I think we have to be empathetic and understand that people are not feeling great."

A large and diverse group of protesters, who complain that the U.S. economic system is no longer working to the benefit of a large slice of the nation's population, has been a visible presence on Wall Street for a month now. The movement, known as "Occupy Wall Street," has spread around the country.

The protesters complain that the billions of dollars the U.S. government spent during the recession to prop up financial companies, including GE, have allowed banks to earn large profits without benefiting average Americans.

GROWTH THE ONLY ANSWER

The head of the world's largest maker of jet engines and electric turbines said he regarded stronger growth as the only real answer to the rising disillusionment.

"The only way to solve this specific problem is growth," Immelt said. "If unemployment comes down, people will feel better. If unemployment goes up, people will feel worse, no matter what goes on Wall Street."

Immelt said the gap between the pay of CEOs and average Americans is adding to tensions.

"The discrepancy is certainly one of the problems today in terms of why people feel the system is unfair," Immelt said.

But he said that lowering CEO pay would do little to lower unemployment. Immelt received compensation worth $21.4 million last year, including a $4 million bonus that was his first since 2007.

"If CEO pay goes way down and unemployment is 12 percent, people are still going to feel bad," he said. "It is a symptom but it is not the problem."

Immelt is confident that U.S. business can compete with rivals in emerging markets such as China and also profit in developing markets. He cited Russia as a major focus over the next decade and said GE is also investing in resource-rich African countries including Mozambique, Angola, Nigeria and South Africa.

GE expects to generate more than 60 percent of its revenue outside the United States this year. Analysts, on average, expect it to record revenue of $148.13 billion.

SEES SLOW EUROPEAN GROWTH

Concerns that Greece could default on its debt and threaten the European and U.S. financial systems have rattled the world economy in recent weeks, pushing down stocks and prompting big banks including Bank of America Corp and JPMorgan Chase & Co to begin laying off staffers.

"The most likely case is that Europe has slow growth for a long period of time," Immelt said. "The process is going to have to be solved inside of Europe."

Last week, the White House advisory panel Immelt heads submitted a report to the Obama administration saying that attracting more foreign capital, being more aggressive in energy policy, and investing in infrastructure could help create jobs in an economy struggling with high unemployment.

Immelt, a lifelong Republican, has drawn fire from some GE shareholders for his work with the Democratic Obama administration. The CEO defended his role, saying GE executives have long had a voice in Washington.

"People need to try," he said. "I'd rather be in the arena trying than not doing what I can to help."

Partisanship in Washington is hurting the nation's economy by slowing efforts to reform the system, Immelt said, adding that he worried that anti-Wall Street rhetoric hurts people other than those it is aimed at.

"If your first comment is Wall Street is horrible and you're in a position of leadership, you don't hurt Wall Street," Immelt said. "But there is some guy in Illinois that's not going to build a factory today because he thinks the financial system is horrible. That's my point. This is a time when leaders, people like me, should be trying to do things that are more convergent, because ultimately words count."

(Reporting by Scott Malone, additional reporting by Nick Zieminski; Editing by Derek Caney and John Wallace)

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/nm/20111017/bs_nm/us_ge_immelt

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