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Friday, November 18, 2011

Authorities reopen probe into Natalie Wood's 1981 drowning death

The Los Angeles County Sheriff's Office is reopening its investigation into the death of movie star Natalie Wood, who drowned in 1981 while boating off Catalina Island near the California coast, authorities said Thursday.

Homicide investigators are taking a new look at one of Hollywood's most enduring mysteries after they were contacted by people who claimed they had "additional information" about the drowning, the sheriff's department said in a statement.

Authorities didn't provide further details late Thursday and said a news conference on the matter will be held Friday at 11 a.m. (2 p.m. ET).

Last year, the actress' sister, Lana Wood, and the captain of the yacht on which Wood sailed with her husband, actor Robert Wagner, had asked the sheriff's office to reopen the case.

On Thursday, L.A. County Sheriff's Deputy Benjamin Grubb couldn't say whether the sister and the yacht captain have prompted the renewed investigation.

"I don't know if that's related, but that's what the press conference is about tomorrow," Grubb told CNN.

Natalie Wood once said in a televised interview that her greatest fear was of dark seawater. On November 29, 1981, she drowned in the Pacific Ocean off the isthmus of Catalina Island.

Wood's body was found floating in the water about a mile away from the yacht.

According to police reports, Wood was found wearing a long nightgown, socks, and a down jacket.

The autopsy report shows Wood had two dozen bruises on her body, including a facial abrasion on her left cheek, and bruises on her arms.

"My sister was not a swimmer and did not know how to swim, and she would never go to another boat or to shore dressed in a nightgown and socks," said Lana Wood.

Although the county coroner's office ruled that Wood's death was an accident, others say the case hasn't made sense.

In 2010, Lana Wood told CNN she believes a highly charged argument between her sister and husband on the yacht's back deck preceded Wood's drowning. She told CNN last year she does not suspect foul play.

"I just want the truth to come out, the real story," she said last year.

Dennis Davern, the former captain of the yacht Splendour broke his long silence with a detailed account in "Goodbye Natalie, Goodbye Splendour," a book he wrote with his friend Marti Rulli. It was published in September 2009.

Davern has said he believes Wood's death was a direct result of the fight with Wagner.

Lana Wood and Davern couldn't be reached immediately for comment Thursday.

Wagner's publicist Alan Nierob issued a statement saying the actor's family "fully support the efforts of the LA County Sheriff's Dept. and trust they will evaluate whether any new information relating to the death of Natalie Wood Wagner is valid, and that it comes from a credible source or sources other than those simply trying to profit from the 30 year anniversary of her tragic death."

Nierob said no one from the sheriff's department has contacted Wagner or anyone in his family about the case.

In a lengthy interview with CNN in 2010, Davern said he now believes the investigation of Wood's death was incompetent and suggested there was a cover-up. He said he regrets misleading investigators by keeping quiet at Wagner's request.

Wood and Wagner married in 1957, divorced in 1962, then remarried in 1972. They often sailed their yacht off the coast of California and they invited Wood's "Brainstorm" co-star, Christopher Walken, to join them on a sail on Thanksgiving weekend in 1981.

Walken and Wood had been filming "Brainstorm" at the time and the Hollywood rumor mill was abuzz with speculation that Wagner was jealous over Walken, but authorities have said Walken witnessed only the events leading up to an argument between the couple.

Walken couldn't be reached immediately for comment Thursday.

Wagner admitted his jealousy in his book "Pieces of My Heart," also published in September 2009. He acknowledged that there had been a fight with Wood, writing that he smashed a wine bottle on a table.

After Wagner argued with Walken and broke the wine bottle, Wood left in disgust and went to her stateroom, Davern told CNN last year. Walken also retired to a guest room, Davern added, and Wagner followed his wife to their room. A few minutes later, Davern said, he could hear the couple fighting.

Embarrassed, Davern said he turned up the volume on his stereo. At one point, Davern recalled, he glanced out of the pilot house window and saw both Wagner and Wood on the yacht's aft deck. "They'd moved their fight outside ... you could tell from their animated gestures they were still arguing," he said.

A short time later, Wagner, appearing to be distraught, told Davern he couldn't find Wood. Davern searched the boat but couldn't find her. He noticed the rubber dinghy also was missing.

Wagner shrugged and poured them both drinks, Davern said. He suggested his wife had probably gone off in a temper.

Wagner's story, as told in his book, differs from Davern's. He maintains that after the argument with Walken, Wood went to her room and prepared for bed while he and Walken sat on the deck, cooling off.

Wagner writes that he went to check on Wood, but she wasn't there. He maintains that he and Davern searched the boat and noticed the dinghy was missing. Wagner wrote that he assumed his wife had gone ashore on her own.

He radioed the restaurant on shore where they'd had dinner and called the harbor master to see if anyone had seen Wood.

The dinghy was found about a mile away from the yacht, and a mile from where Wood's body was found.

Wood's first starring role was as a child in "Miracle on 34th Street" in 1947, and she played alongside some of Hollywood's top leading men -- James Dean in "Rebel Without a Cause" and Warren Beatty in "Splendor in the Grass." She was nominated for Oscars in both of those films, as well as for "Love With the Proper Stranger" (1963), according to IMDb. One of her more memorable roles was as Maria in "West Side Story."

Wagner's striking good looks landed him roles in dozens of films in the 1950s and '60s before he hit it big in television. He starred in two popular series, "It Takes a Thief" (1968-70) and "Hart to Hart" (1979-84), and more recently as Number Two in the "Austin Powers" spy spoofs.

Demi Moore is divorcing Kutcher

Actress Demi Moore said Thursday she plans to divorce Ashton Kutcher.

"It is with great sadness and a heavy heart that I have decided to end my six-year marriage to Ashton," Moore, 49, said in a statement.

"As a woman, a mother and a wife there are certain values and vows that I hold sacred, and it is in this spirit that I have chosen to move forward with my life," she said. "This is a trying time for me and my family, and so I would ask for the same compassion and privacy that you would give to anyone going through a similar situation."

Kutcher, 33, currently stars in "Two and a Half Men."
The prolific Twitter user sent a message Thursday afternoon: "I will forever cherish the time I spent with Demi. Marriage is one of the most difficult things in the world and unfortunately sometimes they fail. Love and Light, AK"

The couple started the Demi & Ashton Foundation (DNA) to combat the international sexual slavery trade.

Moore and Kutcher began dating in 2003 and married in September 2005.

It was the first time to tie the knot for Kutcher, the third for Moore. Before Bruce Willis, Moore was married to rock musician Freddy Moore.

Leading figures in soccer call on Blatter to step down


Leading figures in the world of soccer, including superstar David Beckham, on Thursday blasted FIFA President Sepp Blatter for controversial remarks he made on racism in an interview with CNN World Sport.

The head of world football told CNN's Pedro Pinto there is no on-field racism in football and that any player who has been abused should simply shake hands with his opponent at the end of the match and move on.

Manchester United's Rio Ferdinand, a former England captain, expressed his outrage on Twitter, blasting Blatter's comments as "so condescending it's almost laughable."

"I think the remarks were appalling, personally," Beckham said in an interview with CNN's Paul Vercammen. "All I care about is keeping racism out of soccer and out of sport. Because it's not just in sports it's in life in general. So it has to be stopped and we're part of that."

Beckham, who plays in the United States for LA Galaxy, said something should be done, but he stopped short of saying Blatter should step down.
The chief executive of England's Professional Footballers' Association, Gordon Taylor, told CNN that Blatter should quit.

"He should step down," he said. "This is the straw that broke the camel's back. We need football to set a good example, so this is inexcusable.

The Swiss was re-elected unopposed as the head of football's governing body in June after his main rival was suspended amid corruption allegations. The bidding process for the 2018 and 2022 World Cups was also dogged by bribery allegations.

Soon after Blatter gave his interview to CNN on Wednesday, his position appeared to be undermined when the English Football Association charged Liverpool's Luis Suarez with racism toward a fellow player.

Suarez allegedly taunted Manchester United's French defender Patrice Evra. Suarez, from Uruguay, denies the claims.

London's Metropolitan Police are also investigating allegations of racism against Chelsea and England captain John Terry. He denies claims he racially abused the brother of Rio Ferdinand, Anton, during a Premier League match.

Blatter: No on-field racism in football

The UK sports minister Hugh Robertson echoed calls for Blatter to quit. "Racism is a criminal offense in this country and anybody who is caught will face criminal sanctions," he told CNN.

"What Sepp Blatter has said, in this country, is just completely wrong as well as morally indefensible. This is the latest episode that calls into question whether this man should be the head of world football. For the sake of the game, he should go.

"We have been consistent in our calls for improved governance at FIFA and this underlines the need for that once more. We must never be complacent in our efforts to tackle racism. There is no place or excuse for it either on or off the pitch."

The "Kick It Out" group, who campaign against racism in football, said Blatter's comments were worryingly out of touch.

"Shaking hands to compensate for a racial slur is not what the game has signed up to, and trivializes the work of campaigns like Kick It Out."

Blatter clarified his comments in a statement on FIFA's website that carried a picture of him embracing Tokyo Sexwale, a prominent South African politician who has campaigned against racism.

Ferdinand responded to the picture on his Twitter account, saying: "Fifa clear up the Blatter comments with a pic of him posing with a black man..I need the hand covering eyes symbol!!"
Thursday, Blatter responded to Ferdinand directly on Twitter, writing: "The 'black man' as you call him has a name: Tokyo Sexwale. He has done tremendous work against racism and apartheid in Africa.

"We have done several joint activities to raise awareness on the struggle against racism in South Africa. FIFA has a long standing and proud record in the area of anti-discrimination which will continue."

Later Ferdinand replied: "To say what you said about racism in football spoke volumes of your ignorance to the subject. If we want to stamp out racism in society a football pitch is a good place to start -- loved by billions of people around the world (sic)."

In an exclusive interview with CNN, Premier League chief executive Richard Scudamore said racism was still prevalent in football, but the top tier in the English game was fighting hard to eradicate it.

He said: "Racism certainly still exists in football, albeit reduced, but there are still issues, of course there are, and we're not complacent about that.

"But I think it's a bit of a stretch to say it doesn't exist because it does."

"The English game had led and been at the forefront of reducing incidents of racist behavior -- it's totally unacceptable, everybody in the game in England understands it is totally unacceptable.

"We have that reputation, as far as I'm aware, that reputation is still intact but the game will deal with whatever is thrown against it. There is no place for it in football, let alone in England, and we will strive to eradicate it."

Sports journalist and London Evening Standard columnist Mihir Bose said Blatter's views demonstrated that he is out of touch with the modern game.

He told CNN, "This won't topple him. It will damage him further but you could argue he was damaged goods anyway.

"Blatter wants to be a showman, he wants to be in the public eye ... but these comments are incredibly insensitive and crass."

Bose said that although great strides have been made in the fight against racism in football, there is still much work to do.

"Much of the racist attitudes that saw bananas being thrown onto the field at black players has gone, but there is still a pervasive racism," he added.

"White players feel racism has been conquered but there remains a feeling of discrimination in the game which is why black players have reacted with outrage at Blatter's comments.

"They feel there is still not a level playing field -- they feel all they have fought for over the years has been devalued."

Can European soccer stamp out racism?

There have also been several instances of racism in European football this year.

Former Brazil player Roberto Carlos walked off the pitch during a game in Russia when a banana was thrown at him and Chelsea's Israeli midfielder Yossi Benayoun was taunted during a game in Malaysia.

Egyptian Coptics attacked, dozens slightly injured

Hundreds of Coptics marching in Cairo Thursday were attacked by unknown assailants.

Thirty-two people were injured including two police officers, according to Dr. Adel Al Dawi, a ministry of health spokesman. Except for one badly injured girl who remained hospitalized late Thursday, those injured were treated for minor bruises and cuts.

The marchers were heading to Cairo's Tahrir Square to commemorate the deaths of pro-Coptic protesters killed in clashes in the Egyptian capital last month.

Coptic Christians, an ancient sect, make up about 9% of Egypt's largely Muslim population, according to the U.S. State Department. Problems between Egypt's Muslim majority and its Coptic Christian minority have been on the rise in recent months, with a number of violent clashes reported between the two groups.

Thursday's march was organized by the Free Copts Movements and the Blood of Martyrs movement, two of many new groups formed after clashes that took place on October 9 in the Cair neighborhood of Maspero leaving 26 dead and 300 injured.

"We were marching peacefully with candles to commemorate the 26 martyrs of Maspero on the 40-day anniversary of the Maspero attacks, when several youth clashed," said Sherif Doss, the head of the Egyptian Coptic Association.

"Some residents started throwing rocks and glass bottles from the rooftops of buildings at the crowds, which left many injured," Doss added.

"Hundreds of police conscripts assigned by the ministry of interior to protect the march started firing tear gas canisters to stop the clashes between the unidentified men," Sameh Mina a Coptic protester, told CNN.

"The Copts defended themselves and threw rocks back at the attackers until the police intervened," Mina added.

It is an Egyptian tradition to commemorate the dead on the 40th day after death.

Thursday's clashes came a day before a "million-man" protest scheduled for Friday in Tahrir Square against the ruling Supreme Council of the Armed Forces.

Philippines charges Arroyo with election fraud

The Philippine Commission on Elections approved fraud charges Friday against former President Gloria Macapagal Arroyo and several other former officials, state media reported.

Arroyo is charged in connection with the alleged manipulation of results during 2007 Senate elections, according to the Philippines News Agency.

The former president has denied any wrongdoing.

Arroyo was stopped from leaving the country Tuesday as she was trying to board a plane at Manila's Ninoy Aquino International Airport, hours after the country's Supreme Court overruled government-imposed restrictions on her travels. The Supreme Court again Friday rejected the government's travel ban, saying she was free to leave as long as she posted a bond and met other requirements, said Jose Midas Marquez, a court spokesman
Arroyo was reportedly boarding the flight to seek medical treatment abroad for her bone disease diagnosed earlier this year, following three unsuccessful spinal operations in the Philippines. She arrived at the airport in an ambulance and was transported to the departure gate in a wheelchair while wearing a neck brace.

Arroyo's lawyer, Raul Lambino, said the former first couple was "subjected to indignity and embarrassment at the airport," calling the government's defiance of the Supreme Court order "abhorrent and in violation of the rights of the individual guaranteed by the (Philippine's) constitution and the United Nations Universal Declaration of Human Rights."

But presidential spokesman Edwin Lacierda described the situation as "all high drama," according to media reports. "They (the Arroyos) want the public to sympathize with them," he added.

He said that while the Arroyo couple would be treated with dignity, the government would be "firm in our decision not to allow them to leave the country." Arroyo's husband, Jose Miguel Arroyo, is also accused of corruption.

The Supreme Court, which is mostly staffed by judges hired under Arroyo, defied current President Benigno Aquino's state mandate of investigating allegations of corruption during Arroyo's 2001-2010 presidential term.

What record Boeing-Indonesia deal means

The largest single aviation purchase in Boeing's 94-year history was pulled off today by Lion Air.

Lion who?

If you have never heard of Lion Air, you're not alone. Unless you speak Bahasa Indonesia and have traveled around the vast array of islands that make up the world's most populous Muslim nation, there is no reason why you should have.

With U.S. President Barack Obama watching on the sidelines of the ASEAN (Association of Southeast Asian Nations) economic summit in Bali, Lion Air signed a deal for 230 Boeing planes totaling $21.7 billion, with the first delivery in 2017 -- part of the airline's plan to buy 408 new planes at $37.7 billion, Lion Air CEO Rusdy Kirana told CNN.

"From east to west, Indonesia spans 5,000 miles and we have 230 million (people) and not enough aircraft to meet the growth of the number of passengers," Kirana said.
Right now, the airline has only a few routes that take it out of Indonesia to Southeast Asian neighbors Singapore, Malaysia and Vietnam. The airline plans to use the new fleet to both expand routes among the 6,000 inhabited islands in Indonesia as well as new routes to Japan, South Korea, China and Taiwan.

While the developed world has been pummeled with recession, stagnant growth and rising debt burdens in the wake of the 2007-2008 Financial Crisis, developing powerhouses like Indonesia have continued to rise.

Indonesia's economic output was $706.6 billion in 2010, up from just $95.4 billion in 1998 when the nation was embroiled in the Asian Financial Crisis, which led to the end of the longtime dictatorship of Indonesian President Suharto. His departure led the way for economic and political reform in the world's fourth most populous nation.

The soaring fortunes of Indonesia echoes the number of Indonesians taking to the skies -- this year, the numbers traveling by air within the country is expected to rise 15%, the Indonesian Transportation Ministry said.

"As Indonesia's middle class increases in number, more and more people will be traveling throughout the archipelago," said Indonesian Foreign Minister Marty Natalegawa. "And the easiest way to travel is air transport, and so that why I think the projection ahead will be quite promising, and offer many opportunities for many."

For Obama, the record deal helped him underline a message he's echoed during his Asian trip: That strong economic ties with Asia creates jobs at home.

"For the last several days, I've been talking about how we have to make sure that we've got a presence in this region, that it can result directly in jobs at home," Obama said in a statement. "And what we see here -- a multibillion-dollar deal between Lion Air -- one of the fastest-growing airlines not just in the region, but in the world -- and Boeing is going to result in over 100,000 jobs back in the United States of America, over a long period of time."

When asked why Lion Air chose Boeing over arch rival, French-made Airbus, CEO Kirana told CNN: "There's not much difference between Airbus and Boeing. It's like a person choosing what to eat. you just prefer one dish over another."

Executives at Boeing are no doubt pleased the Indonesian airline prefers to supper in Seattle rather than dine in France. And as fortunes rise on the archipelago, many more western companies will try to find a place at Indonesia's table.

'Occupy' protesters, police clash during the 'day of action'

Thousands of Occupy Wall Street demonstrators deluged New York on Thursday, a show of strength in the movement's original home that was echoed nationwide as part of a "mass day of action."

Scores were arrested in New York, and several police officers were reported injured, as protesters fanned out across the city moved toward Foley Square in Lower Manhattan and the Brooklyn Bridge.

By early Thursday evening, many had crossed the bridge -- the same place where more than 700 had been arrested last month -- chanting, "This is what democracy looks like -- This is what America looks like," according to the New York movement's official Twitter feed. This time, they marched in the pedestrian walkway, not blocking the roadway. Nearby, pro-Occupy slogans were projected onto one side of the Verizon Building.

Those in New York were not alone. Like-minded activists also took to the streets in all corners of the nation -- from Miami to Los Angeles to Portland, Oregon, to Boston -- marking two months since the activist effort aimed at the nation's wealthiest 1% began in Manhattan.

Roundup of protests across the country

"I think the numbers have increased dramatically today," said New York protester Jo Robin. "Particularly after the raid, our message is being broadcast all over the world."


The group twice squared off against riot police in Zuccotti Park, where they'd been evicted two days earlier. They'd also engaged in several confrontations with police, leading to scores of arrests.

That includes 64 protesters -- wearing T-shirts with the figure "99%" prominently featured -- arrested at an early evening sit-in on Centre Street near Foley Square in lower Manhattan, a police spokesman said. (Earlier, police spokesmen and protest organizers had said -- incorrectly -- that 99 people were arrested in this same incident.)

In total, police said around 8 p.m. that a total of 245 people had been arrested around the city.

During a late afternoon press conference, Police Commissioner Ray Kelly said that at least seven police officers were hurt Thursday during exchanges with protesters.
Five of those officers were injured when a unidentified liquid was thrown on their faces, Kelly said, adding that the officers experienced a burning sensation and required hospitalization.


And a 24-year-old police officer was injured when a star-shaped glass object was thrown at him, Mayor Michael Bloomberg told reporters during a visit to Bellevue Hospital Center where the officer was being treated.

It is not clear how many demonstrators have been injured during the clashes.

Overheard on CNN.com: Some tire of Occupy protesters

CNN and CNN affiliate New York One broadcast images of the exchanges, including video of one man -- whose face appeared to be covered in blood -- sitting near police who wielded shields and batons.

Authorities constructed barricades at Zuccotti Park, in front of the New York Stock Exchange and along Fifth Avenue in an apparent attempt to keep demonstrators off the roads and on pedestrian walkways.

Residents and workers near the New York Stock Exchange were required to flash identification cards as police cordoned off the area amid concerns that demonstrators would try to disrupt trading.


Earlier in the day, protesters lifted metal barricades that ringed Zuccotti Park, a former home-base for the movement, defying authorities and blocking traffic.

Bloomberg said the day's protests had "caused minimal disruptions to our city," he asserted that some demonstrators had "deliberately pursued violence."

In Lower Manhattan, CNN iReporter Alvaro Perez shot video showing protesters being pulled away by police, including one woman who appeared to be dragged by her jacket and backpack.

"I don't want to speculate on what happened in advance of that," police spokesman Paul Browne said of the incident.

He said the "big picture" of how police have handled demonstrations has so far been mostly positive.

"People were able to get to work" and "protesters were able to protest," Browne added.

Occupy roundup: Movement marks 2 months

Earlier, on CNN's "American Morning," Howard Wolfson, a New York City deputy mayor, vowed, "We'll make sure, if people want to peacefully protest, they have the right to." But, he added, "if people break the law, we'll have to deal with that."

"If they attempt to enter a building they're not allowed in, that's breaking the law. If they want to express their concerns about Wall Street, that's totally fine," he said.

While the city has come under fire from protesters and other critics for arrests and removing protesters from Zuccotti Park, Wolfson insisted that "we had to act" to stop illegal activity, such as drug use, and to eliminate fire hazards.

"This is a place where we honor the First Amendment," he added.


Still, the ouster from Zuccotti Park did not appear to stifle the New York protest effort. The group tried to sum up its intent on a Twitter post: "Enough of this economy that exploits and divides us. It's time we put an end to Wall Street's reign of terror and begin building an economy that works for all."

The Occupy movement, likewise, showed few signs of abating elsewhere in the United States.

In cities such as St. Louis, Milwaukee and elsewhere, thousands responded to the "day of action" plea.

And as in New York, some of those ended up behind bars after refusing to heed law enforcement officers' calls to move.

The next highest arrest figure was in Los Angeles, where 25 people were arrested early Thursday and another 25 were arrested later in the day, Officer Andrew Neiman said. Bail was set at $5,000 for those detained, he added.

In Portland, police reported 48 people arrested in three separate incidents. That includes 25 taken into custody on the east end of the Steel Bridge, nine inside a Wells Fargo bank and 14 in and around a Chase Bank. In the latter incident on Thursday evening, Sgt. Pete Simpson said that police used pepper spray to get individuals to move off a street and from the path of a commuter rail line.

Another 21 were issued citations for blocking Las Vegas Boulevard in that Nevada city, Las Vegas police officer Bill Cassell told CNN, while Atlanta police arrested eight for blocking a roadway. There were also arrests in other places, including Los Angeles, Chicago and Houston.

And in Denver, District Attorney Mitchell Morrissey announced Thursday that three men now face felony charges -- including inciting a riot and assaulting a police officer -- for their alleged actions while clashing with authorities during Occupy Denver protests.

Virgin buys Northern Rock for £747M

Virgin Money, Richard Branson's banking arm, is buying Northern Rock for £747m, almost four years after the bank collapsed and was taken over by the UK government.

The Treasury said the sale was expected to complete by the end of this year, subject to regulatory clearance. It said the deal could eventually be worth more than £1bn.

Virgin has committed to maintaining Northern Rock's operational headquarters and said there would be no further compulsory redundancies, beyond those already announced by the company, for at least three years. The lender will be rebranded as Virgin Money.

Ron Sandler, executive chairman of Northern Rock, said in a statement: "The return of Northern Rock to the private sector has always been one of our key objectives. We said that this would be done at the right time and when there was a proposition in the best interests of taxpayers and other stakeholders. I am delighted that we have reached an agreement with Virgin Money which successfully delivers that."

As well as Virgin, Northern Rock had also attracted interest from NBNK, the banking venture set up by Lord Levene, and JC Flowers, the private equity firm.

Northern Rock said in August that it expected to return to profit in 2012 for the first time since the financial crisis.

Thursday, November 17, 2011

Soldier faces court martial for alleged role in Afghan sport killings

The court martial of another U.S. soldier accused of taking part in killing unarmed Afghan civilians for sport is set to begin Wednesday.

Staff Sgt. David Bram is one of 12 members of the Army's 5th Stryker Brigade facing charges in connection with the killings that took place over a period of five months at or near Forward Operating Base Ramrod in southern Afghanistan's volatile Kandahar province last year.

Three have pleaded guilty to the murders and agreed to testify against fellow soldiers. Another six have been convicted of lesser crimes.

And last week, a military court-martial found another, Staff Sgt. Calvin Gibbs, guilty of murdering three Afghan civilians, illegally cutting off pieces of their corpses to keep as "souvenirs" and planting weapons to make the men appear as if they were Taliban fighters killed in legitimate firefights.
The platoon was tasked with patrolling small villages in the area to build relationships with an Afghan population wary of the U.S. presence in their country.

Instead, prosecutors say the group of rogue soldiers allegedly plotted to murder civilians and then planted weapons on them.

Bram is not accused of murder or conspiracy to commit murder.

Prosecutors charged him with conspiracy to commit assault and battery, unlawfully striking another soldier, violating a lawful order, dereliction of duty, cruelty and maltreament and endeavoring to impede an investigation.

He faces 9 1/2 years in prison if he is convicted of all charges, the military said.

Iran criticizes Saudi U.N. resolution

Iran is sharply criticizing a draft U.N. General Assembly resolution because it refers to an alleged Iranian plot against a Saudi ambassador, an assertion the Islamic republic calls "unsubstantiated."

In addition, a high-ranking Iranian official visiting the United Nations on Wednesday criticized the United States and other Western countries for unfairly targeting his country for its nuclear program.

The Saudi resolution, which condemns terrorism and attacks on diplomats, "deplores that plot" and makes note of a letter from the United States reporting what it characterizes as an "Iranian plot."

The resolution also calls on Iran "to comply with all of its obligations under international law" and to cooperate in "seeking to bring to justice" the people who planned to kill the envoy.

It was expected to be introduced in a meeting Wednesday afternoon and may come to a vote by the entire General Assembly on Friday, a Saudi U.N. mission spokesman said.

Mohammad Khazaee, Iranian ambassador to the United Nations, said it would be a "gross disservice" to put "hypothetical, circumstantial and unsubstantiated matters" on the General Assembly's agenda. The United States says Iran's Islamic Revolutionary Guards Corps-Quds Force is behind the plot, but Iran denies the accusation. Such a resolution "would significantly undermine the role, authority, integrity, and credibility of the General Assembly as the highest and universal political body of the United Nations," Khazaee said.

The draft makes references to the U.N. global counterterrorism strategy. But Iran contends the United States exploits the document and undermines it. It said the United States has backed terror acts against Iranians, including diplomats.

"The United States' attitude with regard to the alleged plot, which began with an explosive media campaign against Iran, and its long-standing hostile policies, is unconstructive and reveals once again the latter's ill intentions," Khazaee said.

Manssor Arbabsiar, a 56-year-old naturalized U.S. citizen, and Gholam Shakuri, an Iran-based member of Iran's Islamic Revolutionary Guard Corps, have been accused of conspiring to hire hit men from a Mexican drug cartel to bomb a restaurant where the ambassador would have been.

Authorities developed the case against the suspects with the help of an undercover informant posing as an associate of a Mexican drug cartel, according to officials and an FBI agent's affidavit.

Meanwhile, Mohammad Javad Larijani, the secretary general for Iran's High Council for Human Rights, told reporters that the recent International Atomic Energy Agency report about Iran's nuclear program was "a disgrace for the agency."

"It doesn't include any evidence," he said. "It is based on a laptop which was given to them by the United States four years ago."

The report, which was released last week, stated that Iran was acquiring the technology for a nuclear weapons program.

Larijani reiterated his country's position that its program is exclusively of a civilian nature.

Asked about the nuclear weapons trigger the report says Iran has been working on, he called it a "laughable allegation," saying the device is used in several "technological devices." He added that the "United States and a number of European countries, they do not want this issue to be settled. They want to keep that as a vehicle of pressure on Iran."

Larijani continued chastising the United States by saying that "American policy in the region is falling apart. It is witnessing drastic failures, especially in Afghanistan." He said that "when President Obama came to power and promised change, I was hopeful we could formalize change, but I think this hope was wrong totally."

He was also asked about the uprising going on in neighboring Syria, an Iranian ally. He said that "any incitement to violence by the United States and Western countries and regional countries to export and send armed groups inside Syria" or to recommend that people use a gun in the uprising is very dangerous.

"All the hands should be cut off from this kind of interference," he said.

Spain named top seeds for Euro 2012

Defending champions Spain will head the list of group seeds in next month's draw for the Euro 2012 finals.

The 2010 World Cup winners will be in Pot 1 along with the Netherlands and co-hosts Poland and Ukraine on December 2, European football's ruling body UEFA announced on Wednesday.

Poland, 28th in the European rankings, will be in Group A and 15th-placed Ukraine in Group D for the 16-team tournament, the last before an expansion to 24 nations.

Pot 2 comprises three-time champions Germany, 1968 winners Italy, England and Russia -- who as the Soviet Union won the first tournament held in 1960.

How should football tackle racism?

Greece, the 2004 champions, are the only qualifying group winners in Pot 3, which also features the best runners-up Sweden and playoff winners Portugal and Croatia.

Denmark and two-time champions France won their qualifying groups, but face the prospect of being drawn with two other major nations after being put in Pot 4 due to a low coefficient rating for results over the past few years.

Playoff winners the Republic of Ireland and the Czech Republic are also in the bottom pot.

Ronaldo nets double as Portugal book Euro 2012 passage

Meanwhile, Turkey coach Guus Hiddink has agreed to stand down from his position after failing to qualify from the playoffs.

Tuesday's 0-0 draw in Croatia meant a 3-0 aggregate defeat for the 65-year-old Dutchman, who won just seven of his 17 matches in charge.

Hiddink ruled out a return to the Netherlands, where he had been wanted by Ajax, but has been linked with a possible position at his former English club Chelsea.

"I'm not ready to retire, I like to be involved with a team on a daily basis, but maybe I am ready to step out of the limelight a little bit, away from the cameras," he told Dutch website Voetbal International.

"Hopefully I will still be involved but perhaps it will be as an adviser or a consultant."

France tries Somali men accused of piracy

  Six alleged Somali pirates went on trial Tuesday in Paris for hijacking a yacht and taking a French couple hostage off the coast of Somalia in 2008.

The six Somali men, now between the ages of 21 and 35, are accused of seizing the Carré-d'As IV in the Gulf of Aden and holding Jean-Yves Delanne and his wife, Bernadette Bignon, for two weeks. The men allegedly demanded a ransom of $2 million for the release of the couple.

The pirates were arrested and brought to France after French special forces boarded the yacht and rescued the couple September 16, 2008.

The group faces charges of hijacking, kidnapping and armed robbery, according to a court spokeswoman.

The trial -- the first of suspected Somali pirates in France -- is closed to the public and is being held in a juvenile court, since one of the six was 18 years old at the time of the hijacking.

The men face sentences of up to 30 years in prison if convicted.

The trial is expected to last until December 2.

As of mid-November, 11 vessels and 194 hostages are currently being held by pirates, according to the International Maritime Bureau. Incidents of piracy have been on the rise in the past few years, especially along the largely lawless coast of Somalia.

NATO forces may hand over violent provinces to Afghan control

NATO forces may soon transfer two of the most volatile areas in the country over to Afghan security forces as part of the second phase of a nationwide security handover as part of the drawdown of American forces, NATO and Afghan officials said.

The Arghandab Valley in Kandahar and the district of Nad e Ali in Helmand -- areas where violent clashes with the insurgency that have left many American and British soldiers dead in recent years -- are among the regions being discussed as part of the "tranche 2" handover that President Hamid Karzai is expected to announce in the coming weeks.

While these areas have seen a recent reduction in violence, their history as hotbeds of insurgent violence has raised concerns the districts may be more vulnerable to Taliban resurgence after a substantial NATO drawdown of troops.

Handing over these more volatile areas now, analysts say, could help ensure that the Afghan army and police can be reinforced with NATO forces if local forces encounter renewed insurgent attacks.

"It is good when we have a significant NATO presence in Afghanistan to start with the toughest parts in Afghanistan and that will provide the opportunity for the Afghan security forces to defend themselves and in the meantime have the support of NATO," said Haroun Mir, a political analyst in Kabul.

An Afghan official close to the presidency said that while the original list of 17 regions to be handed over did not contain these names, it was possible the president may decide to add them as part of a "political decision". The final decision on which areas to transition rests with the Afghan Presidential Palace, NATO officials say. Karzai is expected to make an announcement on the next regions to be handed over to Afghan control.

But to others, the plan is a high-risk strategy which could put Afghan forces into a tough fight for which they are not ready.

One local leader in Arghandab, its district chief, Haji Shah Mohammad, told CNN that while security in his area had improved significantly, it was due to the heavy presence of NATO forces in the area.

"I do not agree with the idea of transitioning Arghandab because our Afghan forces are not up to the point where they are able to handle security without international forces' support," Shah Mohammad told CNN, adding he had also heard his district could be transitioned to local control.

Shah Mohammad said he was concerned the Taliban in his region were waiting for an opportunity to strike again. "I think it is too early for Arghandab to be transitioned," he said, adding that Afghan security forces were inadequately equipped to handle the task.

An official in the governor's office in Helmand, the province where the Nad-e-Ali district is located, confirmed that it was one of two regions they had proposed to be handed over to Afghan security forces in the coming months. A spokesman for the Helmand governor, Daoud Ahmedi, said: "We proposed Nad-e-Ali because already Afghans are responsible for much of security."

Yet Ahmedi added that about a tenth of its area should still receive international help, even after the transition, as it remained volatile, he said.

18 killed in suspected U.S. drone attacks in Pakistan

Suspected U.S. drone strikes in Pakistan's tribal region killed 18 alleged militants Tuesday night, intelligence officials told CNN.

Two Pakistani intelligence officials said the suspected drones fired two missiles at different sites in South Waziristan.

South Waziristan is one of the seven districts of Pakistan's volatile tribal region bordering Afghanistan.

The intelligence officials asked not to be named because they were not authorized to speak to the media.

U.S. officials rarely discuss the CIA's drone program in Pakistan, though privately they have said the covert strikes are legal and an effective tactic in the fight against extremists.

U.S. and Australia announce greater military cooperation

The United States announced an agreement with Australia Wednesday that will expand military cooperation between the long-time allies and boost America's presence in the region.

The agreement was revealed during a joint news conference between U.S. President Barack Obama and Australian Prime Minister Julia Gillard in the nation's capital, Canberra.

Obama is on a two-day trip to Australia, his first visit as commander-in-chief.

"I am very pleased that we are able to make these announcements here together on Australian soil," Obama said. "Because of these initiatives that are the result of our countries working very closely together as partners, we are going to be in a position to more effectively strengthen the security of both of our nations and this region."
President Obama arrives in Australia
Obama stresses Asia-Pacific importance

Under the agreement, up to 250 U.S. Marines will be sent to Darwin and the northern region of Australia for military exercises and training. Over the next several years their numbers are expected to climb to 2,500 -- a full Marine ground task force.

While U.S. officials cited the need to respond to regional natural disasters as a reason for the agreement, concern over China's military expansion is widely acknowledged as a driving factor.

"What we look at is how does our general force posture allow us to protect U.S. interests, protect our allies, and ... secure the region broadly," Deputy National Security Adviser Ben Rhodes told reporters traveling with the president. "China is obviously a piece of the Asia Pacific region, an emerging power."

Rhodes later added that the deal is "part of the U.S. sending a signal that we're going to be present, that we're going to continue to play the role of underpinning security in this part of the region. Part of that context is a rising China."

Analysts note that the deal sends a message to China in a less confrontational way than building up bases closer to Chinese shores.

"The Chinese can squawk about it," said Patrick Cronin, senior director of the Asia-Pacific Security Program at the Center for a New American Security. "But it's not like having an aircraft carrier in the Yellow Sea."

Obama himself, however, insisted during his news conference that "the notion that we fear China is mistaken."

The president's Australian visit -- postponed twice in 2009 and 2010 due to an oil spill in the Gulf of Mexico and other domestic political considerations -- highlights a changing balance of power in the Pacific as China expands its military reach and the United States works to reduce its military footprint in Japan.

Obama's Australian visit comes on the heels of last weekend's 19-nation Asia-Pacific Economic Cooperation summit, which highlighted the need for new measures supporting job growth. During the Hawaiian summit, Obama stressed the importance of the Pacific to global economic security, and he pushed China to do more to help strengthen the world economy.

After wrapping up his visit to Australia, Obama will conclude his Pacific trip with a stop in Indonesia -- a country he spent several years living in during his childhood.

Pakistan security forces kill 20 militants

Security forces killed 20 militants in an operation in northwest Pakistan on Wednesday, military officials said.

Helicopters launched an aerial assault on militant hideouts in central Kurram Agency, a semiautonomous tribal area bordering Afghanistan, the officials said.

The officials did not want to be named because they are not authorized to speak to the media.

A Pakistani soldier died in the operation, the officials said.

The operation was part of an ongoing offensive by security forces against militants in South Waziristan, Kurram and Orakzai agencies.

Man arrested in White House shooting incident

A man wanted in connection with a White House shooting incident was arrested Wednesday in western Pennsylvania, the U.S. Secret Service announced.

Oscar Ramiro Ortega-Hernandez, who was arrested by Pennsylvania State Police, was allegedly involved in a shooting Friday night that may be responsible for two bullets found at the White House.

One bullet hit a window and was stopped by bulletproof glass, and another was found on the White House exterior, the Secret Service said. Both bullets were found Tuesday.

Lt. Brad Shields of the Pennsylvania State Police said a tip came in Wednesday morning that the man sought by federal authorities in the Washington shooting was at a Hampton Inn in Indiana, Pennsylvania.

According to Shields, the man had stayed at the hotel with an unspecified number of companions for a few days before the Friday shooting incident.

When the man returned to the hotel on Wednesday, an unidentified staff member recognized him from a photo provided by authorities and notified police, Shields told a news conference. The man was arrested without any resistance in the hotel lobby, asking why he was being detained, Shields said.

A bag he was carrying was checked by sniffer dogs, but no weapons were found, according to Shields.

The man was being questioned by state police and Secret Service agents, Shields said. An initial federal court appearance will take place Wednesday night or Thursday in either Pittsburgh or Johnstown, Pennsylvania, he said.

In Idaho Falls, Idaho, police spokesperson Joelyn Hansen said the man -- identified as Oscar Ramiro Ortega -- was reported missing October 31. Hansen said Ortega is the same man that the Secret Service is calling Oscar Ramiro Ortega-Hernandez.

The bullets were found on the south side of the White House, the official told CNN.

"A round was stopped by ballistic glass behind the historic exterior glass. One additional round has been found on the exterior of the White House. This damage has not been conclusively connected to Friday's incident, and an assessment of the exterior of the White House is ongoing," a Secret Service statement said.

Last Friday night at about 9 p.m., U.S. Park Police and the Secret Service investigated after hearing shots fired about 700 to 800 yards from the White House, the Secret Service statement said.

Within five minutes, officers located a vehicle in the 2300 block of Constitution Avenue. "Evidence in the vehicle led to U.S. Park Police obtaining an arrest warrant for Oscar Ortega-Hernandez," described as a 21-year-old Hispanic male, 5 feet 11 inches tall and weighing 160 pounds.

A weapon registered to Ortega-Hernandez was found in the car, according to a law enforcement source familiar with the investigation.

The Secret Service interviewed people who know Ortega-Hernandez, and determined he had a "direction of interest toward the president and the White House" -- a term that does not suggest a direct specific threat.

The FBI, the Bureau of Alcohol, Tobacco, Firearms and Explosives, and the Metropolitan Police Department all took part in the search for Ortega-Hernandez, officials said.

"There's always an outer perimeter and this was on the very outer perimeter of our security," the Secret Service official said. "The gun and car were found within several minutes. We have a lot of security -- a lot of layered security down there and the security worked."

The law enforcement official familiar with the investigation said when shots were heard Friday night, there were reports of tires screeching and cars racing.

Karzai aims to set limits on American troops

Afghan President Hamid Karzai sought to set limits on what American and NATO troops could -- and could not -- do in his country Wednesday in a lengthy speech to tribal elders.

"America is powerful, has more money, but we are lions here. Lions have the habit of not liking strangers getting into their house," Karzai said.

"We want our sovereignty from today. Our relations should be between two independent countries," he said in a speech that appears to have been designed to boost his nationalist credentials with a domestic audience.

He was also broadly critical of NATO, saying the intended departure of NATO troops in 2014 was "good for Afghans."

NATO plans to withdraw most combat troops by that date, but is currently negotiating what sort of long-term presence they might have here.
Karzai called the national assembly, or loya jirga, to sound out tribal elders on a long-term pact with the US military and harness their consent.

The conditions Karzai spelled out on a long-term foreign military presence were mostly formalizations of long-held Afghan complaints about the international presence here.

"I'd like to tell them they can't arrest any Afghan on our soil and they can't have prisons. We have a justice and security system and that is up to us," he said.

He said he thought a deal that enabled US forces to have bases in Afghanistan was beneficial but added they would not be able to attack Afghanistan's neighbors from inside the country, conduct night raids, search houses, or arrest Afghans.

He also said that night raids by foreign troops must stop completely and that NATO troops should not be allowed to search people's houses - complaints that have already prompted NATO to adjust its operations and incorporate greater Afghan assistance.

The speech was made before an audience who in part -- like many Afghans -- are skeptical of both his alliance with NATO and his leadership in general.

He was also keen to court Iran - and perhaps its supporters in the audience of elders - by saying: "We want to say that Iran is our brother. During the years of jihad, Iran has been one of the best countries for hospitality for Afghans. They are our brother."

He also voiced fears that Afghanistan could see the same instability and collapse witnessed after the Soviet withdrawal in the late 80s.

The loya jirga, or national assembly, is considered by many an important step towards any possible peace deal with elements of the insurgency.

Hundreds of community leaders have been invited from across the country, with the meeting a test of Karzai's potency as a cohesive leader.

The turnout Wednesday was considerable.

Troops, security officials, and police lined the roads outside the loya jirga tent, near the Intercontinental Hotel on the capital's outskirts.

The Taliban have long threatened to disrupt the event.

On Monday, security forces killed a suicide bomber near the meeting site. The attacker was wearing a suit and carrying a briefcase when he was stopped, said General Ayoub Salangi, chief of Kabul police.

On Sunday, a Taliban-affiliated website published what it claimed was a leaked document containing confidential government security plans for the meeting.

The leaked security plans included a detailed satellite map of the area and purported details of the security arrangements, but the Interior Ministry immediately dismissed them as fake.

Tuesday, November 15, 2011

Protesters take to the streets of Spain

Several thousand demonstrators took to the streets of the Spanish capital Sunday, protesting unemployment a week before voters elect a new government.

The march past the world-famous Prado museum and Madrid's city hall ended at the Puerta del Sol plaza, where economic protests began last May.

As riot police passed the demonstrators, protesters shouted "Less police, more education," a criticism of cutbacks in education during Spain's deep economic crisis.

The demonstration was smaller than one held October 15, when at least 10,000 people marched in Madrid on a day when Occupy Wall Street-style protests spread to Europe, Asia and Australia.

The Spanish newspaper El Pais said tens of thousands of people demonstrated in Barcelona that day.

Similar protests over the economy turned violent in Italy, with at least 70 people injured and a government building set on fire, but the Spanish demonstrations remained peaceful.

Protester Esteban Guerrero, 25, who's been to a dozen protests since last May, said he was not discouraged by the smaller crowd on Sunday.

"Each demonstration is not just one more," Guerrero said. "Many young people and workers take part. Some are bigger than others but what's important is that thousands turn out each time."

A journalism student in his final year of university, he said his job prospects after graduation are bleak, with the country's youth unemployment rate about 45%, twice the national average.

"It's a very precarious situation for young people in Spain, and getting worse, like it is for youth in Greece and Portugal. There's a big deterioration," Guerrero said.

Next Sunday's election, which the opposition conservatives are expected to win, will not be enough to change things, he added.

"I think it's necessary to vote, but that's not enough. People feel the elections won't change the situation. They won't stop the cutbacks," he said.

That's why people keep coming out onto the streets, he said.

Obama pushes the trans-Pacific trade deal at APEC

President Barack Obama, in Hawaii for a weekend economic conference, said Saturday that leaders of nine nations have agreed on the "broad outlines" of a trans-Pacific free trade agreement.

The United States has been negotiating with Australia, New Zealand, Malaysia, Brunei Darussalam, Singapore, Vietnam, Chile and Peru to develop the Trans-Pacific Partnership (TPP), which officials have said could eventually expand to include other nations.

Speaking at the Asia-Pacific Economic Cooperation (APEC) summit in Honolulu, Obama pushed the expanded trade deal as a way to help boost investment and exports, create jobs, and "compete and win in the markets of the future."

The president is on a nine-day trip through the Asia-Pacific region that will include stops in Australia and Indonesia.

"I'm very pleased to announce that our nine nations have reached the broad outlines of an agreement. There are still plenty of details to work out, but we are confident that we can do so. So we've directed our teams to finalize this agreement in the coming year. It is an ambitious goal, but we are optimistic that we can get it done," he said, according to remarks provided by his office.

The next round of negotiations is scheduled for early next month.

Obama said the TPP has the potential to be a model for future trade agreements elsewhere in the world, as it will address issues not covered in previous pacts. It will ensure that state-owned enterprises compete fairly with private companies and address trade and investment in digital technologies.

Obama's administration is taking care to highlight the importance of strong Asia-Pacific relations to the president's efforts to create jobs domestically.

"The U.S. exports to this region are essential to the president's goal of doubling U.S. exports in the next several years," Ben Rhodes, deputy national security adviser for strategic communications, told reporters in a briefing this week. "In fact, nearly all of the efforts that we're going to be making towards that export goal take place in this part of the world."

The 21 members of APEC account for 55% of the world's gross domestic product, 43% of world trade and 58% of U.S. exports, according to the group.

"So I think when the American people see the president traveling in the Asia-Pacific, they will see him advocating for U.S. jobs and U.S. businesses," Rhodes said. "He will be trying to open new markets, and he will be trying to achieve new export initiatives, and he will be trying to foster a trade agreement through the, for instance, the Trans-Pacific Partnership, that takes us beyond the Korea Free Trade Agreement towards a multilateral agreement that, again, has very high standards to ensure that our interests are being protected."

During the weekend conference, Obama was also scheduled to have a discussion with business leaders, as well as side meetings with Russian President Dimitry Medvedev and Chinese President Hu Jintao. Obama met with Japanese Prime Minister Yoshihiko Noda on Saturday.

After a break Monday for a political fundraiser, Obama is scheduled to depart Tuesday for Australia and later Bali, Indonesia, where he will stress the U.S. role in the Asia-Pacific region and seek to reassure U.S. allies of the nation's continued commitment to the region, Rhodes said.

Speaking to business leaders on Saturday, the president addressed the need to campaign aggressively on behalf of the United States to boost business.

"We've been a little bit lazy, I think, over the last couple of decades. We've kind of taken for granted -- well, people will want to come here and we aren't out there hungry, selling America and trying to attract new business into America," he said. "We can do much better than we're doing right now."

Olympus urged to bring chief back

A former director of scandal-hit optical equipment maker Olympus has launched a campaign for reinstatement of its ousted British chief executive, saying Michael Woodford's return is crucial to the "painful restructuring" needed to save the group.

The call from Koji Miyata, former head of Olympus' medical systems business who served on the board from 1995 to 2006, adds to the pressure on the 92-year-old company's management amid a scandal that has shaken faith in Japanese corporate governance.

It came as Tokyo regulators struggled to decide how to handle the scandal and Singapore's sovereign wealth fund disclosed that it had sold its 2 per cent stake in Olympus.
Other large foreign Olympus shareholders have called for a return by Mr Woodford, who was fired after he raised questions about a series of acquisitions in which the company paid $1.4bn to obscure advisers and Cayman-registered funds.

After initial denials, Olympus has admitted that it used the deals to dispose of investment losses it had been hiding since the 1990s.

But the company's new president, Shuichi Takayama -- who previously defended the payments -- has continued to insist that Mr Woodford was sacked because he was a "high-handed" manager who did not understand Japanese culture.

In a statement on a campaign website set up at the weekend, Mr Miyata called for Olympus to offer an apology to Mr Woodford for "the baseless aspersions cast on his character".

Olympus should invite Mr Woodford to return as president to push reforms that would make the company a model of excellence "complying with the highest standards of corporate ethics", Mr Miyata said, asking current and former employees to sign an online petition.

By early evening in Tokyo on Sunday, the petition carried the names of almost 40 people described as former or current employees, along with others who registered anonymously.

Mr Woodford told the Financial Times last week that he was prepared to return to Olympus. However, such a return is sure to be fiercely opposed by the current management and could further strain the internal unity of the crisis-hit company. "A complete newcomer would be better," said one Olympus manager on Sunday.

The Olympus scandal has raised questions about the efficacy of Japanese regulators. On Friday, the Financial Services Agency confirmed it was examining the Olympus case, while the Tokyo Stock Exchange has put the company on watch for possible delisting and police are reportedly investigating.

It is still unclear how rigorous such examinations will be or how far they will go to make clear how Olympus suffered the losses it was trying to hide and who might have benefited in the process of concealing them.

Japanese media on Sunday quoted sources at the Securities Exchange and Surveillance Commission as saying it had already concluded that all the losses had been fully written off and that the SESC might thus recommend Olympus be subject to only an administrative levy.

Singapore's sovereign wealth fund, which manages more than $300bn of funds, said it had sold its 2 per cent shareholding in the troubled Japanese medical equipment and cameras group when indications of wrongdoing first emerged.

GIC retains an "insignificant" indirect holding, but the announcement it has sold its direct stake could further undermine confidence. GIC was Olympus' 10th biggest shareholder at the end of March, according to the company's latest annual report.

Monday, November 14, 2011

Monti nominated to replace Berlusconi

Economist Mario Monti was nominated Sunday to replace Silvio Berlusconi as Italy's prime minister, presidential spokesman Donato Marra said.

Berlusconi resigned Saturday amid the country's ongoing financial crisis.

In announcing his nomination, Italian President Giorgio Napolitano said Monti, a former European Union commissioner, is "gifted, competent, experienced" and well respected in Europe and internationally.

"This is the moment of his test," Napolitano said.
For his part, Monti in brief remarks to reporters, thanked Napolitano "for his trust in me" and pledged to do his best to serve Italy during the economic crisis, speaking of the importance of providing a better future for Italy's children. He said he will work with urgency, but also with scruples.

Monti ultimately will face approval by the Italian Parliament.

He must return to Napolitano within hours or days and accept the nomination fully, at which point he would be sworn in. Within days after being sworn in, Monti will have to go to parliament to present his government -- essentially his cabinet and his government plan. The upper and lower houses of parliament have 10 days from the time Monti is sworn in to separately hold votes of confidence on the new goverment before it would be finalized.

Napolitano met the heads of the Senate and the lower house of parliament Sunday, among other politicians, during the course of a full day of consultations, his office said.

Berlusconi's resignation was greeted with cheers and dancing in the streets, as people waved the Italian flag and sang the nation's anthem.

He is the second prime minister to resign this month over the debt crisis sweeping across Europe. Greece's George Papandreou was replaced Wednesday by Lucas Papademos, a former European Central Bank official.

European Commission President Jose Barroso and European Council President Herman Van Rompuy welcomed Monti's nomination in a joint statement.

"We believe it sends a further encouraging signal -- following the swift adoption of the 2012 Stability Law -- of the Italian authorities' determination to overcome the current crisis," the statement said.

Support appeared to be growing this week for Monti to take the helm of a technocratic administration. Other names floated include former Justice Minister Angelino Alfano and Gianni Letta, Berlusconi's chief of staff.

The Berlusconi government will back Monti, with conditions, Alfano, a spokesman for Berlusconi's People of Freedom party, told reporters on Sunday. Those conditions would be that the new government is comprised of technocrats, and that it concentrate on economic reforms, he said. The duration of the new government must be connected to how long those reforms take, according to Alfano.

Left-wing opposition leader Pier Luigi Bersani told reporters after meeting with Napolitano that his party supports the new government. "A new and technocrat government is needed ... because the crisis is serious," he said.

Bersani said his party expressed support for the upcoming government to carry out reforms in the electoral law and in the government, and thanked Napolitano for his handling of a "very grave crisis" in which "there was no time to lose."

"We need to do all that is possible to conserve our family and our companies from the global crisis that has hit all the advanced countries," Berlusconi said Sunday in a speech.

Berlusconi has said he does not intend to stand again if new elections are called.

But in a letter to the head of a far-right party, Berlusconi suggested he did want to return to power.

"I hope to be able to undertake with you the path of government," he said in a letter to Francesco Storace, the head of the right-wing La Desta party.

"I'm proud of what we've managed to achieve in these three and half years, which were marked by an unprecedented international crisis," Berlusconi said in the letter which was posted on his Facebook page. It was dated before his resignation.

The 75-year-old business magnate stepped down just hours after the lower house of parliament approved austerity measures aimed at restoring confidence in Italy's economy.

Since entering politics nearly two decades ago, Berlusconi has been one of his country's great survivors, hanging on despite facing numerous trials, on charges ranging from corruption to having sex with an underage prostitute, none of which has resulted in a jail term.

The billionaire was elected for the third time in 2008, under the banner of the newly created People of Freedom party.

In the three and a half years since, his colorful personal life has claimed ever more headlines, as his second wife filed for divorce, he was charged with having sex with an underage nightclub dancer and abusing power, and the so-called "bunga-bunga" parties held at his home gained international notoriety.

On Tuesday, he failed to win a parliamentary majority on a budget vote that should have been routine, and had to face the inevitable: his days at the helm were numbered. In the end, it was his perceived failure to tackle Italy's debt crisis rather than any private scandal which had brought him down.

On Saturday, the Italian lower house of parliament approved a series of austerity measures demanded by Europe to shore up confidence in the country's economy. It passed by a vote of 380 for to 26 against.

The package, which includes spending cuts and proposals to boost growth, was approved by the Senate Friday, resulting in a market surge.

The measures include pension reform, with plans to raise the retirement age from 65 to 67, the privatization of state-owned companies and sale of state-owned properties, the liberalization of certain professions, and investment in infrastructure.

Italy is the the third-largest economy using the euro, and a meltdown would have a massive impact on global markets.

Berlusconi had pledged to step down once the austerity measures passed both houses of parliament after losing his majority.

The structural reforms demanded by the European Central Bank and the European Commission must be brought in without delay, said Emma Marcegaglia, head of the Italian employers' association, Confindustria.

"These reforms are the only thing that can take us out of the current situation," she said. "We have no choice. We cannot wait for three months for the next elections, this would mean the destruction of Italy. "

She said a rapid solution to the political uncertainty in Italy was essential to put it "firmly back on the road to credibility."

She added: "We are not Greece, we are a strong economy, we are the world's eighth largest economy. We have many state assets and have lots of potential. But we have to survive this very difficult situation."

Italian borrowing costs continued to ease Friday, after spiking above 6.75% Wednesday, giving investors hope that Italy is finally starting to make some progress toward addressing its massive debt problems.

Yields on Italian 10-year bonds were trading at 6.5% Friday after dipping as low as 6.43%. While that's still stubbornly above 6%, it's finally moving in the right direction.

It is imperative to keep Italy's 10-year bond yields well below 7% because that was the level that eventually led to bailouts for Ireland, Portugal and Greece.

Currently, Italy -- the biggest bond issuer in Europe -- possesses a massive gross debt of roughly €1.9 trillion and a debt-to-GDP ratio of 120%. The country is widely considered to be too big to fail. But it may also be too big to bail.

Ambani calls for the younger leadership in India

Mukesh Ambani, India's richest man, has called for a generational change in the country's gerontocratic leadership, and urged the government to move faster to implement reforms that would help meet its young population's economic ambitions.

"We've had a mystery [in India] where we think that [important] jobs can only be done by 60-yearr-old plus [people]. . . I think we're now fast moving to say that our 40-year-olds can take more responsibility and can perform better," Mr Ambani, 54, told business leaders and policymakers at the World Economic Forum's India Economic Summit in Mumbai.

He added that moving towards "leadership [that] reflects our demographics", should be a top priority for the country.

The tycoon's call for younger leadership comes as 41-year-old Rahul Gandhi prepares to take greater responsibility in India's ruling Congress party from his ailing mother Sonia, the party president, and as the country's economy recedes from much-wanted double-digit growth.

Many political analysts are expecting an imminent transition of power in which Mr Gandhi -- the scion of the Nehru-Gandhi dynasty -- takes a more visible role following the treatment of his 64-year-old mother for an unknown illness in the US over the summer.

Some expect him to take the party's presidency before crucial elections in Uttar Pradesh next year.

About 70 per cent of India's 1.2bn people are under 35. Mr Ambani's call to "align leadership with demographics" is an appeal for greater dynamism in Asia's third largest economy at a time when the administration of Manmohan Singh, the 79-year-old prime minister, is flagging. The opposition Bharatiya Janata party is led by the 83-year old L.K. Advani.

Likewise, some of its leading businesses, such as the Tata Group, are led by septuagenarians.

One of the top complaints of Mumbai industrialists, alongside high domestic borrowing costs, is paralysis in India's parliament and bureaucracy following a slew of embarrassing high-profile corruption scandals.

Mr Singh and his top economic team were absent from the WEF, viewed as a key investment showcase held this year for the first time in India's financial capital. Previously, Mr Singh has used the event to sell his country's prospects to foreign investors.

Janmejaya Sinha, the chairman of the Boston Consulting Group in the Asia-Pacific region, said: "The government's record in addressing the big issues is abysmal."

"The issues are ethical not economic, but we keep saying it is an economic problem," he said about New Delhi's failure to push through improvements in education, healthcare and power.

Mr Ambani, the chairman of Reliance Industries, India's largest family-controlled conglomerate by market capitalisation, emphasised that it was essential for the government to speed up reform to meet the demands of the fast growing private sector. "The reality is that India is a land of a billion opportunities and not of a billion problems," he said.

Room at the top

Oldies

Manmohan Singh Prime minister, 79, a respected technocrat in his second term as PM

Pranab Mukherjee Finance minister, 75, and Congress party's troubleshooter

L.K. Advani Leader of opposition Bharatiya Janata party, 83

Sonia Gandhi Congress president, 64, Italian-born wife of murdered former PM Rajiv Gandhi

Ratan Tata Tata Group chairman, 73. A search is on for his successor at the head of one of India's largest industrial groups

Youngsters

Rahul Gandhi Congress general secretary, 41, widely tipped as a future PM

Sachin Pilot Junior minister of technology, 34, son of a late Congress politician

Varun Gandhi A BJP leader, 31, Rahul's cousin who has gone over to the Hindu nationalist opposition

Madhu Kannan Managing director of Bombay Stock Exchange, 38

Sachin Bansal FlipKart chief, 28, founded India's answer to Amazon.com with his brother

Boeing secures record the Emirates deal

Boeing on Sunday won its single largest ever commercial aircraft order when Emirates, the fast-growing Gulf carrier, announced it would buy at least 50 twin-aisle passenger airplanes from the US manufacturer.

The order for 50 Boeing 777 long-haul aircraft is worth $18bn at list prices, a record contract by value for the US company.

Unveiled at the Dubai air show, the deal provides a much-needed boost for Boeing, which has been badly trailing Airbus -- its arch rival -- in the number of orders won this year.
The contract also underlines the ambitions of Emirates, the Dubai-based carrier that is rapidly becoming a strong rival to Asian, European and US airlines.

Emirates currently has a fleet of 162 aircraft and is already the biggest operator of Boeing's 777 aircraft and Airbus' A380 superjumbos.

Jim Albaugh, head of Boeing's commercial aircraft division, said Boeing's single largest order by dollar value in its 95-year history was an "extremely proud moment", adding that the Emirates' deal would sustain several thousand jobs in the US.

Sheikh Ahmed Bin Saeed Al Maktoum, Emirates' chief executive, said the 777 order was part of the airline's strategy to expand across Africa, Asia, Europe and the US.

Emirates is buying 50 Boeing 777-300 ER planes, which seat 365 passengers, and deliveries of the aircraft will start in 2015.

Although the order is worth $18bn at list prices, Emirates is expected to pay significantly less because airlines typically secure discounts on large deals. Boeing's previous record single order was a 2006 deal with Air India for 68 planes, worth $11bn at list prices.

Emirates has taken out options on a further 20 Boeing 777-300 ER planes, which means the order's value could rise to $26bn at list prices.

Nick Cunningham, analyst at Agency Partners, said the order should represent "very profitable" business to Boeing because the US company has finished the 777's costly development phase.

He added that Airbus had effectively "missed out" on the opportunity to secure Emirates' order because of the European manufacturer's decision to delay its planned new alternative to the 777-300 ER. Airbus' A350-1000, which will seat 350 passengers, was due to enter service in 2015, but the timetable has slipped to 2017.

Airbus -- a subsidiary of the European Aeronautic Defence and Space company -- has announced 1,038 orders for new aircraft net of cancellations in the first nine months of this year, compared to Boeing's 426.

Airbus' higher tally is partly due to strong demand for its A320 NEO, the planned new single-aisle, short-haul plane that is more fuel efficient than the existing A320.

However, Mr Albaugh claimed Boeing's plane deliveries to customers could overtake Airbus' in 2013, partly because of demand for the US company's new 787 twin-aisle, long haul aircraft. Airbus' deliveries have surpassed Boeing's every year since 2003.

Foods Rich in Antioxidants for Healthy Aging


foods for healthy agingAlthough magazine covers and "miracle" cosmetics packages all proclaim the anti-aging secrets they contain, as long as we wake up each morning, getting older is an unstoppable fact.
Perhaps a better and more attainable goal than "anti-aging" is "healthy aging"—giving our bodies and spirits what they need to reduce the risks of physical or mental decline as our 30s become our 40s, then into our 50s, 60s, and so on.
Instead of dreaming about turning back the clock, you can help keep your body strong by equipping it with the biological equivalent of fresh batteries. "Why do you have to fight against aging if you have healthy aging?" asks Barbara Shukitt-Hale, PhD, a research psychologist and behavioral neuroscientist at the USDA Human Nutrition Research Center on Aging at Tufts University in Boston. That's not just a theoretical question, no matter what your current age.
Reducing risk, one bite at a time
Oxidative stress is the cumulative, day-to-day assault our cells endure. The longer we live, the more oxidative stress our bodies experience. Dr. Shukitt-Hale and her colleagues have studied several foods that appear to repair the toll this stress takes and even protect against further damage. The foods studied also increase the number of brain cells we have and improve their functioning.
We can use such help. "As we age, our bodies are less able to deal with the oxidative stress we encounter," Dr. Shukitt-Hale says. We also become more sensitive to inflammatory responses in our central nervous systems.
While some foods have been shown to support greater health, energy and mental strength in aging bodies, the biological mechanisms that produce those results aren't fully understood yet. Many researchers believe the beneficial effects are created by the variety of nutritional components in real food, working in combination.
That means you should look in the produce aisles, not the drug aisles, to find what you need. "Very few disease processes or healthy outcomes are attained through taking vitamin supplements," says Martha Clare Morris, ScD, director of the Center of Nutrition and Aging at Rush University Medical Center, Chicago. She cites bone loss and vitamin B12 deficiency as among the few conditions that current research shows can be improved with supplements.
By contrast, when vitamins and other compounds are obtained by eating certain foods, there are big benefits. "We think eating fresh fruit or vegetables, even frozen, is better than taking supplements, because supplements don't have all the compounds," Dr. Shukitt-Hale says. In her research lab, "we've broken down foods into families of compounds, and the individual families aren't as effective" as when they function together.
Age-defying foods
You know that fruits, vegetables, whole grains and such are good for you, but some foods have been shown to be stand-outs for lowering problems linked to aging. You may want to include more of these on your shopping list:
"Brainberries": That's the nickname Dr. Shukitt-Hale and coauthor James A. Joseph, PhD, gave to blueberries and their cousins—such as blackberries, cranberries and strawberries. Berry fruits are rich in antioxidant polyphenolic compounds that protect against the age-related deterioration of cognitive and motor functions. Eating about a cup of berries a day—fresh or frozen—reduces oxidative stress (hence the term "antioxidants"), lowers inflammation and improves brain cell signaling.
Blueberries top the list of beneficial berries, but if your tastes are a bit more eclectic—arctic bramble berries, anyone?—most berry fruits carry a lot of nutritional power for their size. You may want to read the label closely: A USDA study of blueberries grown in New Jersey showed that those cultivated organically for commercial sale had higher levels of phytonutrients (beneficial compounds) than did the berries grown under conventional methods.
Red peppers, oranges, pine nuts, roasted sunflower seeds, safflower oil: Vegetables and fruits that are high in vitamin C help prevent skin appearance changes related to aging. Nuts and oils with high amounts of linoleic acid provide similar defense. Regardless of age, sun exposure or other factors, women who eat more foods that are rich in vitamin C and linoleic acid have fewer wrinkles, less skin dryness and less atrophy—the gradual thinning of skin layers.
Cocoa: It's not just for kids anymore! You may have switched to green tea for its antioxidant benefits, but cocoa is actually higher in the powerful phenolic phytochemicals that fight oxidative damage. Indeed, cocoa leads the list for antioxidant capacity—ahead of red wine, green tea and black tea. Make it with nonfat milk and you'll help strengthen your bones as well.
Spinach, kale, collards: Here's another reason to eat more vegetables: high vegetable consumption produces a slower rate of cognitive decline with age. Dr. Morris and her colleagues looked at more than 3,700 people aged 65 or older and found that those who ate about three to four daily servings of vegetables—particularly leafy greens—had much less decline in memory, recall and other mental functions than did those who ate less than one serving of veggies per day.
Walnuts: These popular nuts enabled aged rats to improve motor performance (such as walking on a plank) and thinking skills. Because of these results, researchers believe walnuts look very promising for strengthening cognition.
Fish: It's been called "brain food" for decades, but now there's evidence that fish helps keep your mental abilities strong while you age. Compared with people who ate less than one fish meal per week, those who ate fish once weekly or more often showed a slower rate of age-related cognitive decline.