Blue chips lead Wall Street bounce back
Label: Business
Egyptians Protesting Draft Constitution Are Met With Tear Gas
Label: World
CAIRO — Egyptian riot police fired tear gas Tuesday night at tens of thousands of demonstrators who were converging on the presidential palace in Cairo to protest the country’s new draft constitution, which was rushed to completion last week by an assembly dominated by Islamists.
It was the first time that the government of Mohamed Morsi, Egypt’s first democratically elected president, has resorted to such forcible tactics against demonstrators. The huge scale of the protests on Tuesday dealt a blow to the legitimacy of the new charter, which goes before the country’s voters in a referendum scheduled for Dec. 15.
The secular and anti-Islamist groups that organized the protests say that the draft constitution allows religious authorities too much influence over the Egyptian state, and have even likened it to the blueprints drawn up for Iran by Ayatollah Khomenei before the 1979 revolution there.
Protest organizers are still debating whether to urge Egyptians to vote against the constitution or to boycott the referendum entirely. Either way, many have their eyes on elections for a new parliament that would be held two months after the constitution is approved. They hope to capitalize on a public backlash against the heavy-handed tactics employed in the constitution-drafting process by the president’s Islamist allies to gain seats in the new parliament and diminish the Islamists’ political power.
The country’s private media outlets mounted a protest of their own against the draft constitution’s limits on freedom of expression. Eleven newspapers withheld publication on Tuesday, and at least three private television networks said they would not broadcast on Wednesday.
“You are reading this message because Egypt Independent objects to continued restrictions on media liberties, especially after hundreds of Egyptians gave their lives for freedom and dignity,” declared a short statement set against a black background on the Web site of Egypt Independent, the English-language sister publication of the country’s largest independent daily, Al Masry Al Youm, on Tuesday morning. (By the afternoon, the Web site was back to normal.)
The one-day blackout and the mass march in Cairo were the most pointed actions yet in a push by liberal and secular groups to block the draft constitution, which was approved on Friday by the Islamist-dominated assembly despite the boycotts and objections of almost all its non-Islamist delegates.
Mr. Morsi, of the Muslim Brotherhood’s political party, has sought to claim authority above any judicial review so that his Islamist allies could get the constitution through quickly, an act that itself prompted loud protests. Mr. Morsi argued that he needed the powers to overcome potential obstructions from judges appointed by Hosni Mubarak, the deposed president, or from secular opponents who he said were seeking to derail the transition to democracy.
His opponents say the Islamists are trying to ram through a flawed constitution that will allow them to push Egyptian society in the direction of religious conservatism.
Among other criticisms, analysts and human rights groups say the draft contains loopholes that could eviscerate its provisions for freedom of expression. Although it ostensibly declares a right to free speech, the constitution also expressly prohibits “insults” to “religious prophets.”
The charter declares that one purpose of the news media is to uphold public morality and the “true nature of the Egyptian family,” and it specifies that government authorization will be required to operate a television station or a Web site.
“The protection of freedom of expression is fatally undermined by all the provisions that limit it,” said Heba Morayef, a researcher with Human Rights Watch who has studied the text. “On paper, they have not protected freedom of expression. It is designed to let the government limit those rights on the basis of ‘morality’ or the vague concept of ‘insult.’ ”
What’s more, critics say, the push to ratify the draft coincides with a cascade of accusations from Egypt’s new Islamist leaders that elements of the media are biased against them, and even that they are part of a counterrevolutionary conspiracy to thwart the transition to democracy rather than let Islamists win.
As part of a decree expanding his own powers until the passage of the constitution, Mr. Morsi recently passed a law for “protection of the revolution” that covered crimes including insults to the president, the Parliament or the courts. And he created a specially designated circuit within the court system to try those suspected of violating the law, along with those accused of abuses against civilians under the Mubarak government.
Mr. Morsi’s justice minister has already initiated investigations against at least three journalists for insulting the judiciary — the branch of government with the most crucial role in protecting the free press, said Ms. Morayef of Human Rights Watch.
“You are calling insulting the authorities a crime against the revolution?” she said. “That is authoritarianism. That is a lack of understanding of what ‘free expression’ means.”
The Web site of the state newspaper Al Ahram reported that at least 60 of its own journalists had joined a march to protest the constitutional restrictions.
Advisers to Mr. Morsi counter that the draft constitution expands on the negligible protections of free expression that prevailed under Mr. Mubarak, and noted that in one of his few previous presidential decrees, Mr. Morsi acted to support media freedom. In the Mubarak era, insulting the president was a crime punishable by imprisonment. But after a newspaper editor was jailed for that offense in late August, Mr. Morsi changed the law to forbid incarceration until a court verdict, allowing the imprisoned journalist, Islam Afifi of Al Dustour, to go free without spending even a night behind bars.
Adding to the suspense, a top Egyptian court on Tuesday postponed an expected session to consider the legitimacy of Mr. Morsi’s expansion of his powers until passage of the constitution.
And his party issued a statement warning prominent leaders of the secular opposition that it would hold them responsible for any acts of violence that occurred. It directed the warning at three former presidential candidates: Mohamed ElBaradei, the former head of the International Atomic Energy Agency; Hamdeen Sabahi, a Nasserite party leader; and Amr Moussa, a foreign minister under Mr. Mubarak.
Mayy El Sheikh contributed reporting.
Is the iPad Mini as Good as the iPad?
Label: TechnologyThe iPad Mini‘s screen doesn’t have the same “resolutionary” Retina display as its bigger brother, but don’t worry: the Apple snobs appear to have gotten over that. After spending time with his new baby-tablet, The New York Times‘s Nick Bilton gave in, calling the gadget his new “Desert Island Device.” (It replaced his iPhone, by the way.) The inferior screen had worried Bilton like it had others, but no longer: ”I used it for two weeks and my concerns about the screen’s quality are completely irrelevant.” It’s not that Bilton prefers the “fuzzy” screen, as he called it. But the portability of the lightweight Mini outweighs that for him, making this tablet, in his opinion, really the best tablet Apple has ever made.
RELATED: Prepare for an iPad Mini This Month
Considering all the fawning over the Retina display on the iPad proper, it’s pretty amazing to see reviewers toss that upgrade for something that Steve Jobs forbid the company to create. Bilton’s not the only one to prefer the new cousin, even if it is technically worse. Noted Apple-phile Jonathan Gruber said he hadn’t touched the fourth-generation iPad that Apple released this year as well “I’ve gone small and fuzzy,” he wrote. When the Retina display first came out, Gruber called it “pure joy” for his “dream iPad.” But a funny thing happened on the way out of the hype cycle: Apple put out something the masses were supposed to like more than the techies, and that just made everyone like it even more. Call it a holiday miracle, but the Apple snobs may be snobs no more.
Gadgets News Headlines – Yahoo! News
Shania Twain & Jennifer Lopez: Looking Bangin' in Bodysuits
Label: Lifestyle
Stylewatch
Style News Now
12/04/2012 at 10:00 AM ET
Arnulfo Franco/AP (2)
If this is what being in your 40s looks like, then sign us up now!
Shania Twain kicked off her Las Vegas residency over the weekend, taking the stage at Caesars Palace in a shimmering skintight bodysuit.
“The show is very fun for me,” Twain, 47, told reporters. “I was a bit worried that we were staying in the same place. Was I going to lose that edge? But I’ve never had a show this exciting before.”
Her glimmering look called to mind the Zuhair Murad bodysuit Jennifer Lopez, 43, wore while touring the world this summer. “My utmost wish is for each costume to create a ‘Wow!’ effect the moment she steps on stage,” Murad told PEOPLE at the time. “Jennifer has a beautiful body and wears each look perfectly.”
Yes, we know, there are likely rigorous workouts, serious shapewear, personal chefs and good genes involved in looking this hot in a bodysuit, but we’re giving major props to these women anyway. May we have bodies that look even half that great when we hit that age!
PHOTOS: SEE MORE STARS IN SIMILAR LOOKS IN ‘FASHION FACEOFF’
CDC says US flu season starts early, could be bad
Label: HealthNEW YORK (AP) — Flu season in the U.S. is off to its earliest start in nearly a decade — and it could be a bad one.
Health officials on Monday said suspected flu cases have jumped in five Southern states, and the primary strain circulating tends to make people sicker than other types. It is particularly hard on the elderly.
"It looks like it's shaping up to be a bad flu season, but only time will tell," said Dr. Thomas Frieden, director of the Centers for Disease Control and Prevention.
The good news is that the nation seems fairly well prepared, Frieden said. More than a third of Americans have been vaccinated, and the vaccine formulated for this year is well-matched to the strains of the virus seen so far, CDC officials said.
Higher-than-normal reports of flu have come in from Alabama, Louisiana, Mississippi, Tennessee and Texas. An uptick like this usually doesn't happen until after Christmas. Flu-related hospitalizations are also rising earlier than usual, and there have already been two deaths in children.
Hospitals and urgent care centers in northern Alabama have been bustling. "Fortunately, the cases have been relatively mild," said Dr. Henry Wang, an emergency medicine physician at the University of Alabama at Birmingham.
Parts of Georgia have seen a boom in traffic, too. It's not clear why the flu is showing up so early, or how long it will stay.
"My advice is: Get the vaccine now," said Dr. James Steinberg, an Emory University infectious diseases specialist in Atlanta.
The last time a conventional flu season started this early was the winter of 2003-04, which proved to be one of the most lethal seasons in the past 35 years, with more than 48,000 deaths. The dominant type of flu back then was the same one seen this year.
One key difference between then and now: In 2003-04, the vaccine was poorly matched to the predominant flu strain. Also, there's more vaccine now, and vaccination rates have risen for the general public and for key groups such as pregnant women and health care workers.
An estimated 112 million Americans have been vaccinated so far, the CDC said. Flu vaccinations are recommended for everyone 6 months or older.
On average, about 24,000 Americans die each flu season, according to the CDC.
Flu usually peaks in midwinter. Symptoms can include fever, cough, runny nose, head and body aches and fatigue. Some people also suffer vomiting and diarrhea, and some develop pneumonia or other severe complications.
A strain of swine flu that hit in 2009 caused a wave of cases in the spring and then again in the early fall. But that was considered a unique type of flu, distinct from the conventional strains that circulate every year.
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Online:
CDC: http://www.cdc.gov/flu/weekly
Wall Street little changed before next "cliff" signal
Label: BusinessNEW YORK (Reuters) - Stocks were little changed on Tuesday as the market awaited developments in negotiations in Washington to avert a "fiscal cliff" that could push the U.S. economy into recession.
Republicans in Congress proposed steep spending cuts to bring down the budget deficit on Monday but gave no ground on President Barack Obama's call to raise taxes on the wealthiest Americans, and the proposal was quickly dismissed by the White House.
The market has been subject to swings in reaction to the proposals floated so far by politicians. Still, many investors expect the two sides to come up with a deal before the year-end deadline, which could trigger a rally in equities.
"Investors everywhere are focused on what is happening here related to the fiscal cliff and the risk that nothing will happen," said Gail Dudack, Chief Investment Strategist, Dudack Research Group in New York.
"From what I have seen, there is a consensus that something will happen. Maybe if it is not ideal, something will happen."
Differences within the Republican Party over how to engage with the Democrats came to the fore on Tuesday as one senator opposed to raising taxes lashed out at House Speaker and fellow Republican John Boehner for proposing to increase revenue by closing some tax loopholes.
Despite the sudden moves in the market, a measure of investor anxiety has held surprisingly flat.
The CBOE volatility index <.vix>, a gauge of market anxiety, was at 17 but has not traded above 20 since July following its 2012 high near 28 hit in June. The VIX's 10-day Average True Range, an internal volatility measure, is at its lowest since early 2007.
Obama will meet with U.S. governors at the White House on Tuesday to talk about the fiscal cliff, a $600 billion package of tax hikes and federal spending cuts that would begin January 1.
The president is also expected to talk about the fiscal cliff during an interview scheduled for 12:30 p.m. (1730 GMT) on Bloomberg TV.
Coach
The Dow Jones industrial average <.dji> rose 27.92 points, or 0.22 percent, to 12,993.52. The S&P 500 <.spx> edged up 0.44 points, or 0.03 percent, to 1,409.90. The Nasdaq Composite <.ixic> fell 4.44 points, or 0.15 percent, to 2,997.76.
Darden Restaurants Inc
In contrast, Big Lots Inc
Toll Brothers
MetroPCS Communications
Shares of Pep Boys-Manny Moe and Jack
(Reporting by Chuck Mikolajczak; Editing by Kenneth Barry)
Suspected Gaza Collaborators Face a Grisly Fate
Label: World
RAFAH, Gaza Strip — When Fadel Shalouf’s family went to pick up his body at the morgue the day after he was executed on a busy Gaza street corner, they found his hands still cuffed behind his back. Hamas, the militant faction that rules Gaza, did not provide a van to carry the body to burial, so they laid him on two men’s laps in the back of a sedan.
It was an undignified end to a short, shrouded life. Mr. Shalouf, his family insisted, was an illiterate fisherman with a knack for designing kites when he was arrested at 19 by Gaza’s internal security service. Yet he was convicted in a Hamas court in January 2011 of providing Israel with information that led to the 2006 assassination of Abu Attaya, commander of the Popular Resistance Committees.
During last month’s intense eight-day battle with Israel, the military wing of the Hamas government brutally and publicly put an end to Mr. Shalouf, 24, and six other suspected collaborators. The vigilante-style killings by masked gunmen — with one body dragged through a Gaza City neighborhood by motorcycle and another left for crowds to gawk over in a traffic circle — highlighted the pathetic plight of collaborators, pawns preyed on by both sides in the long-running Israeli-Palestinian conflict.
“Fadel lived poor and died poor,” said his cousin Ahmed Shalouf, 28. “They left the bodies for a few hours in the streets, people spitting on them, throwing stones. They did not execute only Fadel. They executed all of us.”
For Israel, despite its advanced technology for tracking terrorists, human sources remain an essential intelligence tool that allows for pinpoint strikes like the one that felled Ahmed al-Jabari, operations commander of Hamas’s Al Qassam Brigades, at the start of the recent escalation. To Hamas, they are the enemy within, and vigorous prosecution as well as the occasional high-profile lynching are powerful psychological tools to enforce loyalty and squelch dissent.
Former intelligence officials and experts on the phenomenon said many collaborators are struggling souls who are blackmailed into service by an Israeli government with great leverage over their lives. Some are enlisted when they apply for permits to seek medical treatment in Israel, for example, or in exchange for better conditions or early release from Israeli jails. Others are threatened with having behavior shunned in their religious Islamic communities — alcohol use, perhaps, or adultery — exposed.
“There is no substitute to a human source, because a human source goes into their house, sometimes even into their minds,” said Yaakov Peri, a former head of the Shin Bet, Israel’s domestic intelligence agency. “With all the technology — drones, you name it — you need a background, and you need the assistance from a human source.”
Mr. Peri said Palestinian collaborators might be given money for expenses or a small salary, but “you’ll never be a rich guy.”
Hillel Cohen, a research fellow at the Truman Institute for the Advancement of Peace at the Hebrew University in Jerusalem, who has written two books on the subject, said some Gaza collaborators “do it just for some money” and “some to be part of a big story”; few are actually supportive of Israel, he said, but many have problems with Hamas.
“I interviewed a lot of collaborators, and they have a kind of inferiority complex,” Mr. Cohen explained. “They see the West, Israel, as much better than the Arab. I hear expressions like, ‘We’re worth nothing.’ Sometimes it comes from there, and sometimes it’s part of what the Israeli officers put in their minds.”
Collaboration has underpinned Israeli-Palestinian relations since before there was a modern state of Israel, dating back at least to the Jewish underground that operated during the British Mandate era in the 1930s. The Oslo Accords signed by Israeli and Palestinian negotiators in 1994 even made two villages — one in Gaza, one in the West Bank — safe refuges for about 1,500 Bedouins suspected of spying.
The very definition of collaboration has expanded in recent years. Some in Hamas and more militant groups consider the Palestinian Authority to be aiding the enemy when it coordinates security services in the West Bank with Israel. Since Hamas took control of Gaza in 2007 after winning elections, members of the rival Fatah faction who live here have almost universally been under suspicion. Selling land to Jews can be punishable by death.
Fares Akram contributed reporting from Gaza, and Irit Pazner Garshowitz from Jerusalem.
Nokia Siemens to sell optical networks unit
Label: TechnologyFRANKFURT (Reuters) – Mobile telecoms equipment joint venture Nokia Siemens Networks, which is focusing on its core business, is to sell its optical fiber unit to Marlin Equity Partners for an undisclosed sum.
Up to 1,900 employees, mainly in Germany and Portugal, will be transferred to the new company, NSN said on Monday.
The company, owned by Nokia and Siemens, has sold a number of product lines since it last year announced plans to divest non-core assets and cut 17,000 jobs, nearly a quarter of its total workforce.
Nordea Markets analyst Sami Sarkamies said he expected more divestments after the optical unit deal. This disposal was a small surprise, he said, because NSN needed some optical technology – where data is transmitted by pulses of light – for its main mobile broadband business.
The move may hint the company is preparing itself for further consolidation in the sector by cutting overlaps with other players, Sarkamies said.
The telecom equipment market is going through rough times with stiff competition. French Alcatel-Lucent is also cutting costs.
($ 1 = 0.7689 euro)
(Reporting by Harro ten Wold; Editing by Greg Mahlich and Dan Lalor)
Tech News Headlines – Yahoo! News
West Point Hosts First Same-Sex Marriages
Label: LifestyleBy Julia Haskins
12/03/2012 at 12:35 PM EST
Brenda "Sue" Fulton and Penelope Gnesin
Jeff Sheng/Outserve-SLDN/AP
The 210-year-old Academy hosted the nuptials of Brenda "Sue" Fulton, a 53-year-old West Point graduate, and Penelope Gnesin, 52, at the Academy's Cadet Chapel on Dec. 1. "It was such a sacred, joyous day," Fulton told CNN.
The chapel was the first place Fulton heard the Cadet Prayer – which includes the line, "make us to choose the harder right instead of the easier wrong" – and it resonated with her.
"As both Penny and I worked to support LGBT military people, those principles were always in front of us," Fulton said. "To be able to celebrate this with so many of our straight and gay military folks, bi and trans, was really overwhelming."
Prior to Fulton and Gnesin's ceremony, Army 1st Lt Ellen Schick and Shannon Simpson wed in West Point's original Old Cadet Chapel on Nov. 24.
"Ellen is very proud to serve her country and wanted a military wedding," Simpson told OutServe Magazine. "We felt that we should be allowed the same opportunity to marry on a military post as any heterosexual military couple."
The marriages come after two major victories for the LGBT community. In 2011, New York legalized same-sex marriage and the military's "Don't Ask, Don't Tell" policy was repealed.
US envoy hits China's stand in UN climate talks
Label: HealthDOHA, Qatar (AP) — The United States on Monday challenged China's view of how to split the burden of curbing carbon emissions, saying the rich-poor divide in past climate agreements has no place in a future pact to fight global warming.
The U.S. envoy to international climate talks in Qatar, Todd Stern, said that the next climate deal must be based on "real-world" considerations, not "an ideology that says we're going to draw a line down the middle of the world."
Beijing wants to maintain a division between developed and developing nations, setting out softer emissions-cutting requirements for poorer countries. It notes that despite its roaring growth, millions of Chinese still live in poverty, and emission limits would slow the economic expansion that would improve their lot.
The climate pact is one of the key issues under discussion at the United Nations-led talks, which have entered their second week. Last year, governments agreed it should be adopted by 2015 and take effect five years later. The U.S. didn't join the only binding emissions agreement to date, the 1997 Kyoto Protocol, because it only covered industrialized nations and not major developing countries like India and China, which is now the world's biggest carbon emitter.
"It's going to be an enormously challenging, and I think enormously important, task to get this agreement right," Stern said.
The dispute will not be resolved in Doha, where negotiators are focusing on side issues including aid to help poor countries shift to renewable energy and protect themselves from rising sea levels and other effects of global warming.
They also plan to extend the Kyoto agreement, which expires this year, until a new treaty is in place. But several nations including Japan and New Zealand don't want to be part of the extension, meaning it will only cover European countries and Australia, which account for less than 15 percent of global emissions.
Even that has been complicated by disputes over whether emissions allowances granted to Poland and other eastern European countries to offset the early economic fallout after the collapse of communism should carry over into the second phase.
U.N. climate chief Christiana Figueres told reporters that people shouldn't expect the talks to yield success overnight because they deal with "a complete transformation of the economic structure of the world" — a shift from fossil fuels to renewable energy.
"What gives me frustration is the fact that we are very far behind what science tells us we should be doing," she said. "What gives me hope is the fact that ... over the past two to three years, this process has had more progress than it did in the past 10."
EU climate commissioner Connie Hedegaard said she would raise a host of side issues at a round-table discussion with environment ministers this week, including how to reduce subsidies for fossil fuels. Even though the G-20 group of industrialized and emerging nations called for the phasing-out of such subsidies already in 2009, the International Energy Agency recently said they grew 30 percent last year to $523 billion, primarily due to increases in the Middle East and Africa.
"It has been discussed for three years or more," Hedegaard said. "Now we need to start the phasing out."
In addition to the fuel subsidies in developing countries, rich nations in 2011 gave more than $58 billion in tax breaks and other production subsidies to oil and coal companies, according to a report Monday by Oil Change International, an advocacy group for clean energy. The U.S. figure was $13 billion.
Stern said that President Barack Obama has pushed for reducing fossil fuel subsidies domestically and internationally.
"It's difficult in other countries and it's difficult at home to carry it forward because there are a lot of entrenched interests," he said.
While he highlighted U.S. initiatives undertaken during Obama's first term — such as sharply increasing fuel efficiency standards for cars and trucks and investing in green energy — Stern noted that more ambitious climate legislation had stalled in Congress and that shifts in the U.S. climate position should not be expected following Obama's re-election.
"I don't know if I would think about this in terms of a different tone here," he said. "The U.S. has done quite significant things in the president's first four years."
Climate talks are scheduled to end on Friday.
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