Tuesday, January 31, 2012

SF's Mexican Museum joins Smithsonian network (AP)

SAN FRANCISCO ? The Mexican Museum in San Francisco is joining the nation's largest museum network.

The San Francisco Chronicle ( http://bit.ly/ye7fAu) reports the museum of Latino art and culture on Tuesday becomes the city's first museum to join the Smithsonian Institution's Affiliations Program.

The partnership allows the Mexican Museum to borrow and lend pieces long-term within the 160-member network.

The museum's CEO Jonathan Yorba was previously a fellow at the Smithsonian American Art Museum.

Founded in 1975 in San Francisco's Mission District, the Mexican Museum and its 14,000-item collection is now located at the Fort Mason Center.

The museum is planning to build a new facility near downtown San Francisco. Yorba hopes to break ground next year and open in 2016.

___

Information from: San Francisco Chronicle, http://www.sfgate.com

Source: http://us.rd.yahoo.com/dailynews/rss/latam/*http%3A//news.yahoo.com/s/ap/20120131/ap_on_re_us/us_mexican_museum

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Base Jumping Off the Most Insane Pool in the World [Video]

Singapore's Marina Bay Sands hotel is home to one of the most-photographed and internet beloved swimming pools on the planet. It's atop a massive tower, and looks seamless, like a levitating mirror. So why not leap off off of it? More »


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Saturday, January 28, 2012

France, Karzai want faster NATO Afghanistan exit (AP)

PARIS ? France and Afghanistan agree NATO should speed up by a year its timetable for handing all combat operations to Afghan forces in 2013, President Nicolas Sarkozy said Friday, raising new questions about the unity of the Western military alliance.

Sarkozy also announced a faster-track exit for France, the fourth-largest contributor of troops in Afghanistan ? marking a distinct break from previous plans to adhere to the U.S. goal of withdrawing combat forces by the end of 2014. The proposal comes a week after four unarmed French troops were killed by an Afghan soldier described as a Taliban infiltrator.

Sarkozy, alongside Afghan President Hamid Karzai who was in Paris for a previously planned visit, said France had told the U.S. of its plan, and will present it at a Feb. 2-3 meeting of NATO defense ministers in Brussels. He said he would call President Barack Obama about it Saturday.

"We have decided in a common accord with President Karzai to ask NATO to consider a total handing of NATO combat missions to the Afghan army over the course of 2013," Sarkozy told reporters.

A sense of mission fatigue has been growing among some European contributors to the 10-year allied intervention in Afghanistan. The new idea floated by Sarkozy would accelerate a gradual drawdown of NATO troops that Obama has planned to see through until the end of 2014.

France's announcement could step up pressure in other European governments like Britain, Italy and Germany, which also have important roles in Afghanistan ? even if the U.S. has the lion's share by far. But the leaders of those European nations don't face elections anytime soon: Sarkozy does.

Sarkozy said France will withdraw combat troops by the end of 2013, a reversal from his repeated commitment in recent months to stick with other allies on a U.S.-led schedule.

At the same time, he said France will restart its training missions of Afghan troops Saturday. After the shootings Jan. 20, he immediately suspended the training and joint French military patrols with Afghan forces.

In Washington, U.S. State Department spokeswoman Victoria Nuland said the timetable announced by France was worked through by both the Afghans and NATO as part of efforts to transfer security authority to Afghanistan.

"We, obviously, want to continue to work together to ensure that this is implemented in a way that is consistent with the efforts of all of NATO to give increasing authority to the Afghans, and that it is smooth," she said.

Nuland said the U.S. was pleased the move was not "precipitous."

"So you know, this was a national decision of France. It was done in a managed way. We will all work with it. As the president has said, with regard to our own presence, we are working on 2014," she said.

"The alliance as a whole is working on 2014. But we are also going to work within this French decision," she added.

NATO reacted tersely to Sarkozy's statement.

"We have taken note of the statement," NATO spokeswoman Oana Lungescu said in Brussels.

Sarkozy said France will speed up its withdrawal timetable, pulling out 1,000 of its current 3,600 soldiers by year-end ? the previous target was 600 ? and bring all combat forces out by the end of 2013.

Karzai had said previously that the goal was to have Afghan security forces in charge of security across the entire nation by the end of 2014. Afghan forces started taking the lead for security in certain areas of the country last year and the plan has been to add more areas, as Afghan police and soldiers were deemed ready to take over from foreign forces.

According to drawdown plans already announced by the U.S. and more than a dozen other nations, the foreign military footprint in Afghanistan will shrink by an estimated 40,000 troops at the close of this year. Washington is pulling out the most ? 33,000 by the end of the year. That's one-third of 101,000 U.S. troops that were in Afghanistan in June, the peak of the U.S. military presence in the war, Pentagon figures show.

Sarkozy also said France would hand over authority in the strategic province of Kapisa east of Kabul, where nearly all French troops are deployed, to the Afghans in March.

"A new phase is starting with the Afghans in which civilian and development projects will progressively take the handoff from our military presence," Sarkozy said, adding Afghan security "is the business of Afghans."

Karzai, who praised the role of France and other NATO allies, didn't object when Sarkozy said the 2013 timetable was sought by the two countries.

But the Afghan leader appeared to suggest that it was a high-end target.

"Yes, Mr. President, it is right that Afghanistan has to provide for its own security and for the protection of its own people, and for the provision of law and order," Karzai said.

"We hope to finish the transition ? to complete this transition of authority to the Afghan forces, to the Afghan government, by the end of 2013 at the earliest ? or by the latest as has been agreed upon ? by the end of 2014," Karzai said.

The NATO-led international force in Afghanistan has been steadily handing over responsibility for security to the government's army and police ever since the alliance's last summit in Lisbon in 2010. There, NATO leaders decided to move the Afghans into the lead role in fighting the Taliban by 2014 and end the coalition's combat role.

Afghan forces have started a process of taking the lead in over half of the country's population of 30 million in terms of security, and the transition remains on track.

Britain and Germany said France's announcement didn't change their pullout plans.

Britain said it's keeping to plans to withdraw all its 9,500 troops from Afghanistan by the end of 2014.

"We set out our long-term plans for no combat role by the end of 2014," a Foreign Office spokesman said on customary condition of anonymity. "We have already set out plans for some withdrawals in 2012."

Prime Minister David Cameron will hold talks with Karzai on Saturday. The Foreign Office said their meeting "is about long-term partnership and commitment beyond 2014 and the need for progress on the political track."

In Berlin, a Foreign Ministry spokeswoman said Germany's government had recently affirmed its troops' mandate "with a wide majority."

"We are in agreement with the international goal to hand over security responsibility fully by the end of 2014 and withdraw combat troops," the spokeswoman said on customary condition of anonymity.

During Karzai's stop Thursday in Italy as part of his European tour, Premier Mario Monti said his country would give economic and civilian support after a 2014 withdrawal. The two signed a long-term cooperation agreement.

Sarkozy's government has been under political pressure to withdraw French troops before the United States' pegged pullout in 2014. Polls show most French want an early pullout ? and he may soon be up for re-election.

Francois Heisbourg, an analyst at the Paris-based Foundation for Strategic Research think tank, told The Associated Press this week that a quick exit would also pose logistical problems for French forces, who hope to bring home much of the heavy equipment they have deployed in Afghanistan.

Francois Hollande, the Socialist nominee for France's presidential elections, repeated on French TV on Thursday his hope to bring all French forces home this year. Polls show him leading the conservative Sarkozy, who has not formally announced whether he will run in the two-round election in April and May ? though most political observers believe he will.

Nick Witney, a senior policy fellow at the Paris-based European Council on Foreign Relations, said public support of the war in Europe started sliding fast after the coalition agreed to end the combat mission in 2014.

"It has become more and more difficult to justify every single casualty, since it's now clear that these are wasted lives," said Witney, a former head of the European Defense Agency.

"Most European policymakers realize that on a purely cost-benefit assessment, we would all leave Afghanistan tomorrow," Witney said, adding that "it's difficult for any single government to break with its allies without being accused of lack of solidarity."

At the news conference with Karzai, Sarkozy didn't respond to a reporter's question about whether he believed France's announcement could weaken the alliance.

___

Slobodan Lekic in Brussels, Deb Riechmann in Kabul, Jill Lawless in London, David Rising in Berlin, Colleen Barry in Rome, and Matthew Lee in Washington contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20120127/ap_on_re_eu/eu_france_afghanistan

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US Embassy: US citizen kidnapped in Nigeria freed (AP)

LAGOS, Nigeria ? A U.S. citizen kidnapped by gunmen in Nigeria's oil-rich southern delta has been freed after a week in captivity, the U.S. Embassy said.

U.S. Embassy spokeswoman Deb MacLean told The Associated Press on Friday that the man had been released after being kidnapped in Warri in Delta state on Jan. 20. MacLean declined to offer any other details, citing privacy rules. Delta state police spokesman Charles Muka said he had not been informed about the man's release, as his company refused to cooperate with local authorities.

The freed hostage was identified as William Gregory Ock, 50, of Bowdon, Georgia, by his sister, Dee Dee Patterson.

Patterson told the AP on Friday that the family had no details of his release.

"The only thing we know is that he is safe and he is in a secure location," Patterson said by telephone.

She had no information on when Ock would return home to Georgia.

It was not immediately clear whether a ransom had been paid to secure his release, though many companies working in the region carry kidnap insurance and simply pay a negotiated price to see their employees freed. Kidnappers had made contact with authorities previously and demanded a $333,000 ransom.

The attack Jan. 20 occurred outside a bank branch in Warri, one of the main cities in nation's Niger Delta, a region of mangroves and swamps where foreign oil companies pump 2.4 million barrels of crude oil a day. The gunmen attacked Ock as he came outside, shooting his police escort to death before abducting him, Muka said.

Investigators believe the gunmen trailed him for some time before the attack, Muka said.

Foreign firms have pumped oil out of the delta for more than 50 years. Despite the billions flowing into Nigeria's government, many in the delta remain desperately poor, living in polluted waters without access to proper medical care, education or work.

In 2006, militants started a wave of attacks targeting foreign oil companies, including bombing their pipelines, kidnapping their workers and fighting with security forces. That violence waned in 2009 with a government-sponsored amnesty program promising ex-fighters monthly payments and job training. However, few in the delta have seen the promised benefits and criminal gangs still roam the region, increasingly targeting middle-class Nigerians.

In 2011, there were five reported kidnappings of U.S. citizens in Nigeria, according to a recent U.S. State Department travel warning about the country. The most recent occurred in November when two U.S. citizens and a Mexican were kidnapped from a Chevron Corp. offshore oil field and held for about two weeks, the State Department said.

A German working in the city of Kano in north Nigeria was abducted Thursday by unknown gunmen, authorities have said.

___

Associated Press writer Russ Bynum in Savannah, Georgia, contributed to this report.

___

Jon Gambrell can be reached at http://www.twitter.com/jongambrellAP.

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20120128/ap_on_bi_ge/af_nigeria_oil_unrest

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Friday, January 27, 2012

Smartphones drive record Samsung profit (Reuters)

SEOUL (Reuters) ? Samsung Electronics Co posted a record $4.7 billion quarterly operating profit, driven by booming smartphone sales, and will spend $22 billion this year to boost its production of chips and flat screens to further pull ahead of smaller rivals.

The South Korean firm, the world's top technology firm by revenue, is locked in breakneck competition with Apple Inc in the red-hot smartphone market, and said its telecoms business earned a record 2.64 trillion won profit in October-December on increased sales of its flagship Galaxy smartphones.

October-December operating profit of 5.3 trillion won was broadly in line with its earlier estimate and topped the previous record profit of 5 trillion won in the second quarter of 2010. The profit was up 76 percent from a year ago and 25 percent higher than in the third quarter.

"This year, the smartphone market will expand to more mid-and low-end models that are affordable to the wider public," said Baik Jae-yer, fund manager at Korea Investment Management.

"Rather than focusing on market share, I would point out the strong contribution of Samsung's handset business to earnings growth and margins. The battle of the two big smartphone powers, Apple versus Samsung, will go on."

Samsung trails Nokia in the overall mobile phone market, competes with Sony Corp and LG Electronics Inc in televisions, Toshiba and Hynix in chips and LG Display in displays.

Samsung said it will increase its investment this year by 9 percent to 25 trillion won, with 15 trillion won of that going to the chips division, 6.6 trillion won on flat screens and the rest mainly to boost capacity at overseas production sites and to build research and development centers.

RIVALRY WITH APPLE

Apple, overtaken by Samsung as the world's biggest maker of smartphones in the third quarter, looks certain to have regained the top spot in the fourth quarter with record sales of 37.04 million iPhones.

Samsung did not provide its own sales volume data for the fourth quarter, but said smartphone shipments rose by around 30 percent, suggesting sales of around 36 million, in line with analysts' estimates of 35-37 million.

Samsung only entered the smartphone market in earnest in 2010, some three years after Apple first introduced the iPhone with the touchscreen template.

Samsung may not have come up with the concept, but it has adopted Apple's breakthrough idea perhaps better than any other handset maker - and now seeks to offer the Apple experience at a better price, with better functionality.

Apple is Samsung's biggest client, buying mainly chips and displays, and the two firms are locked in a bruising patent battle in some 10 countries from the United States to Europe, Japan and Australia as they jostle for top spot in the booming smartphone and tablet market.

Apple, though, is streets ahead in profitability. Apple, which generates half its revenue from the iPhone, boasts a 37.4 percent operating margin versus Samsung's 11 percent, and its $17.3 billion operating profit is almost four times what Samsung earned from selling phones, chips, flat screens and TVs combined.

"Apple had good sales, but it's very unlikely this will be a trend that will overwhelm Samsung later," said Kim Young-chan, analyst at Shinhan Investment & Securities.

"There were many end-of-year promotions and, most importantly, the impact from (Apple founder Steve Jobs') death on sales growth can't be ruled out.

"It's unlikely Samsung and Apple will fight over each other's market share, but they will eat up the market share of smaller companies like HTC and RIM."

Shares in Samsung, also the world's top maker of memory chips and TVs, have risen by close to a fifth in the past three months and hit a life high of 1.125 million won earlier this week, outperforming a 3 percent gain on the KOSPI.

The stock was up 0.3 percent in early Seoul trading at 1.116 million won, while the broader market was a touch lower.

(Additional reporting by Seoul newsroom; Editing by Muralikumar Anantharaman and Jonathan Hopfner)

Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http%3A//news.yahoo.com/s/nm/20120127/bs_nm/us_samsung

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People In Power Feel Taller

60-Second Science60-Second Science | Mind & Brain

A person in a position of power will overestimate their height. Cynthia Graber reports

More 60-Second Science

It?s known that taller people tend to have more jobs with more authority?and higher salaries. But there?s a flip side?the more powerful a person is, the taller he or she feels.

The researchers who investigated this phenomenon were inspired by the BP chairman?s comment after the oil spill about the ?small people.? There are many such metaphors?think ?big man on campus.? Could these metaphors influence?or reflect?reality? Might powerful people actually overestimate how tall they are?

Scientists created three experiments with nearly 300 participants. In each, the participants were made to feel more or less powerful: being chosen as, say, a manager versus an underling. Then they faced a task in which they estimated their own height?comparing their actual height to a pole, for example, or choosing the height of an online avatar.

In each case, when the participants were in a position of power, they represented their height as significantly taller than those in weaker positions. The research was published in the journal Psychological Science. [Michelle M. Duguid and Jack A. Goncalo, "Living Large: The Powerful Overestimate Their Own Height"]

So, the researchers conclude, the ?beleaguered CEO of BP? inadvertently led them a new finding. When we feel powerful, we feel on top of the world?or, quite literally, tall.

?Cynthia Graber

[The above text is a transcript of this podcast.]


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Thursday, January 26, 2012

Gates injects $750M in troubled Global Fund

Bill Gates poses next to a cut out of former British Prime Minister Tony Blair to promote the Global Fund's 10th anniversary at the World Economic Forum, WEF, in Davos, Thursday, Jan. 26, 2012. Gates announced a US dollar 750 million contribution to the Global Fund to fight AIDS, tuberculosis and malaria. (AP Photo/Anja Niedringhaus)

Bill Gates poses next to a cut out of former British Prime Minister Tony Blair to promote the Global Fund's 10th anniversary at the World Economic Forum, WEF, in Davos, Thursday, Jan. 26, 2012. Gates announced a US dollar 750 million contribution to the Global Fund to fight AIDS, tuberculosis and malaria. (AP Photo/Anja Niedringhaus)

Bill Gates, co-chairman of the Bill & Melinda Gates Foundation, right, and Ngozi Okonjo-Iweala, coordinating minister for economy and minister of finance of Nigeria, left, attend a plenary session at the 42nd annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Thursday, Jan. 26, 2012. The overarching theme of the meeting, which will take place from Jan. 25 to 29, is "The Great Transformation: Shaping New Models". (AP Photo/Keystone, Jean-Christophe Bott)

Bill Gates, co-chairman of the Bill & Melinda Gates Foundation, speaks during a plenary session at the 42nd annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Thursday, Jan. 26, 2012. The overarching theme of the meeting, which will take place from Jan. 25 to 29, is "The Great Transformation: Shaping New Models". (AP Photo/Keystone, Jean-Christophe Bott)

DAVOS, Switzerland (AP) ? Bill Gates pledged $750 million on Thursday to fight three killer diseases and rescue a beleaguered health fund whose financial losses have cost it donor support.

The Microsoft founder said he is lending his "credibility" to the Geneva-based Global Fund to Fight AIDS, Tuberculosis and Malaria by making the donation through a promissory note so the fund "can immediately use the money and save lives."

Gates' announcement at the World Economic Forum ? a magnet for the world's business and political elites who pushed for the fund's creation ? was part of an orchestrated attempt by the fund to galvanize donors on its 10th anniversary.

"These are tough economic times, but that is no excuse for cutting aid to the world's poorest," Gates told reporters.

He downplayed the $23 billion fund's reported losses of tens of millions of dollars to corruption, misuse and undocumented spending that were highlighted in Associated Press stories, and said it is "disappointing" to see how people have focused on a "small misuse of funds."

A donor backlash over AP reports about poor financial monitoring and the fund's losses uncovered by its own internal watchdog, the inspector general's office, prompted the organization last year to cancel more than $1 billion in planned new spending mainly to expand existing programs. The fund's executive director, Dr. Michel Kazatchkine, this week also announced his resignation.

"The internal checks and balances have worked in every case," Gates said. But, he added, "If you're going to do business in Africa, you're going to have some losses."

The public-private fund has helped change the fortunes of many of the world's poor through its prevention and treatment programs among 150 countries, Gates said.

The fund says it has provided antiretroviral treatment to 3.3 million people, detected and treated 8.2 million people with tuberculosis, and given 230 million bed nets to families to prevent malaria over its 10-year existence. It says it also has helped prevent 1.3 million pregnant women from passing on HIV to their babies, cared for 5.6 million orphans and kept 7.7 million others alive.

"It's a breathtaking achievement," U2 rock star Bono said in a compilation of fund supporters' statements from the fund Thursday.

A former Japanese prime minister, Naoto Kan, told the news conference that his nation has contributed $1.3 billion to the fund. Kan also said the fund's "transparency" must be maintained ? which includes auditors and investigators in the inspector general's office uncovering and publicizing its own losses ? as the fund goes through a series of reforms launched last year after the AP stories.

"The European debt crisis is shaking the world economy, which in turn seriously affects the fortunes of the Global Fund. But it doesn't mean the significance of the Global Fund is less," Kan said. "The corruption exists. It's regrettable, but that's reality."

Global Fund board Chairman Simon Bland said the fund is "transforming the way we do business" by streamlining the organization and will continue to "hold ourselves accountable" for what it spends.

"There will be no shying away from that transparency," Bland said.

Bland told AP he has hired the London accounting firm RSM Tenon Group to look into internal fund allegations that Kazatchkine, a French immunologist, improperly allocated several million dollars of fund money to benefit charity activities of France's first lady, Carla Bruni-Sarkozy, and firms run by her close friend.

Bland said the firm has produced a confidential report that he intends to make public which lends little support to the allegations. France is the second-largest contributor to the fund behind the United States, and Bruni-Sarkozy serves as one of its ambassadors.

Kazatchkine, who has been at odds with the inspector general's office that has been uncovering the losses, resigned after the board decided to create a position of general manager to chart a new direction. The position was among a series of recommendations by a high-level panel created to address the problems raised in AP articles.

"I believe it is untenable that there are two heads in an organization and that's why I decided to leave," he told AP.

Kazatchkine said the Global Fund "can't be more transparent than we have been."

"We're by far the most transparent organization in development," he said at Davos. "Fighting corruption, yes, of course, and I have repeatedly said zero tolerance for corruption. Yet we also have to recognize that this business is not without risk. And risk, or the sense of risk, can also paralyze action."

___

Frank Jordans contributed to this report.

Associated Press

Source: http://hosted2.ap.org/apdefault/4e67281c3f754d0696fbfdee0f3f1469/Article_2012-01-26-EU-Davos-Forum-AIDS-Fund/id-161de23bd4c5497b9245050544e77397

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Billionaire Buffett defends proposed tax rate change (Reuters)

WASHINGTON (Reuters) ? Increasing taxes on the wealthy would bring fairness to U.S. taxpayers across the board, billionaire investor Warren Buffett said on Wednesday, backing the tax reform that President Barack Obama proposed in his State of the Union address.

On Tuesday, Obama proposed a minimum effective tax rate of 30 percent on those who earn a million dollars or more, reviving his call for the so-called "Buffett rule," designed to prevent millionaires from paying a smaller share of income taxes than middle-class taxpayers.

Buffett published an editorial in August stating that his own 17.4 percent effective tax rate was lower than that paid by wage earners in his office. He also said wealthy people should pay more taxes.

"The question is what is fair when you have to raise multi-trillions to fund the United States of America," Buffett said in a joint interview with his long-time secretary, Debbie Bosanek, on ABC News.

" will not change my behavior. I have paid all different kinds of rates and I've always been interested in making money. I believe this should be a defining issue. Debbie works just as hard as I do and she pays twice the rate I do," said Buffett, a Democrat and Obama supporter.

Bosanek pays a tax rate of 35.8 percent on her income, ABC said. She attended Tuesday's State of the Union address as a guest of first lady Michelle Obama.

"I just feel like an average citizen. I represent the average citizen who needs a voice," Bosanek told ABC. "Everybody in our office is paying a higher tax rate than Warren."

Buffett said he does not blame Republican presidential candidate Mitt Romney or other wealthy people for paying lower tax rates than most Americans and challenged Congress to make a change.

Buffett also lashed out at assertions by some Republicans that the "Buffett rule" is class warfare, the report said.

"If this is a war, my side has the nuclear bomb," Buffett said. "We have K Street (Washington lobbyists). We have Wall Street. Debbie doesn't have anybody. I want a government that is responsive to the people who got the short straw in life."

Shortly after the proposed millionaires' surtax was first raised, Senate Republican leader Mitch McConnell told NBC's "Meet the Press": "With regard to (Buffett's) tax rate, if he's feeling guilty about it, I think he should send in a check."

(Reporting By JoAnne Allen; editing by Christopher Wilson)

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

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