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  • U.S. Envoy Meets Israeli Officials
    By Asiri on June 9th, 2009 | No Comments Comments

    JERUSALEM — Five days after President Obama’s landmark speech in Cairo, his Middle East envoy, George J. Mitchell, met Israeli officials Tuesday to stress America’s friendship and urge the “prompt resumption and early conclusion” of peace negotiations between Israelis and Palestinians.

    Menahem Kahana/Agence France-Presse — Getty Images

    George J. Mitchell, right, President Obama’s Middle East envoy, met with the Israeli Foreign Minister Avigdor Lieberman in Jerusalem on Tuesday.

    His discussions coincided with growing strains between Israel and the Obama administration, which wants Israel to freeze settlement construction in the West Bank and to explicitly endorse the notion of establishing a Palestinian state alongside Israel.

    Prime Minister Benjamin Netanyahu insists that construction should continue within existing settlements and has balked at publicly backing the two-state proposal for peace enshrined in earlier negotiations.

    After talks with President Shimon Peres and other officials on Tuesday, Mr. Mitchell stressed that Washington’s “commitment to the security of Israel remains unshakeable.”

    But, days before Mr. Netanyahu plans to deliver a much-heralded speech on the Palestinian-Israeli conflict, Mr. Mitchell repeated that the United States sought the creation of a “Palestinian state side by side in peace and security with the Jewish state of Israel.”

    He stressed that Mr. Obama and Secretary of State Hillary Rodham Clinton had said that Israel and the Palestinians “have a responsibility to meet their obligations under the road map” — a reference to earlier peace terms in 2003 that call for a freeze on settlement construction while enjoining the Palestinian Authority to curb militant violence.

    “It’s not just their responsibility,” Mr. Mitchell said. “We believe it’s in their security interest as well. But it’s also in the interest of all others to seek to promote peace — Americans, Europeans, Arabs and others — to support this effort to tangible steps. And we all share an obligation to create the conditions for the prompt resumption and early conclusion of negotiations.”

    He added: “Let me be clear. These are not disagreements among adversaries. The United States and Israel are and will remain close allies and friends.”

    Mr. Mitchell planned to meet Mr. Netanyahu later Tuesday and to hold talks on Wednesday with the Palestinian president, Mahmoud Abbas.

    Mr. Mitchell’s visit is the first diplomatic move since President Obama’s speech last Thursday on America’s relations with the Muslim world in which he said the “unbreakable” bond between the United States and Israel was ”based upon cultural and historical ties, and the recognition that the aspiration for a Jewish homeland is rooted in a tragic history that cannot be denied.”

    ”On the other hand,” Mr. Obama said in Cairo, ”it is also undeniable that the Palestinian people — Muslims and Christians — have suffered in pursuit of a homeland. For more than 60 years, they’ve endured the pain of dislocation.” He said Americans ”will not turn our backs on the legitimate Palestinian aspiration for dignity, opportunity and a state of their own.”

    Visiting Germany a day after the Cairo speech, Mr. Obama also put Israelis and Palestinians on notice that it was up to them to make “difficult compromises.”

    Isabel Kershner reported from Jerusalem, and Alan Cowell from Paris.


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  • Kim Jong Il’s son ‘not interested’ in succession
    By Asiri on June 9th, 2009 | No Comments Comments

    The eldest son of North Korean leader Kim Jong Il, in a rare television interview Tuesday, shed some light on who might eventually take over leadership of the country.

    Kim Jong Il is widely reported to have suffered a stroke in August.

    Kim Jong Il is widely reported to have suffered a stroke in August.

    Kim Jong Nam told TV Asahi in Macau that he does not care about politics or succeeding his father.

    “Personally, I am not interested in this issue (succession),” he said in an interview with the Japanese television network. “Sorry, I am not interested in the politics.”

    The rules governing transfer of power in the secretive communist nation are unclear.

    Kim Jong Il is widely reported to have suffered a stroke in August and has been absent from many public functions in recent months.

    In April, he named his son, Kim Jong Un, and brother-in-law, Jang Song Thaek, to the country’s powerful National Defense Commission, suggesting his third son may be his heir.

    “I hear that news in the media,” Kim Jong Nam said. “I think it’s true … however, it is my father’s decision. So once he decides, we have to support him.”

    There has been speculation that Kim Jong Nam would defect from North Korea and that a purge of his supporters was under way. He told Asahi he saw no reason for leaving his homeland.


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  • ‘Hurt Locker’ pits men against bombs
    By Asiri on June 9th, 2009 | 1 Comment1 Comment Comments

    The great director Alfred Hitchcock used to describe the distinction between surprise and suspense in terms of a bomb placed underneath a table.

    A bomb specialist (Jeremy Renner) finds more than he bargained for in "The Hurt Locker."

    A bomb specialist (Jeremy Renner) finds more than he bargained for in “The Hurt Locker.”

    If two people sit at the table and the bomb suddenly goes off, Hitchcock explained, that’s surprise. But if an audience watches the bomb get placed under the table, and the people at the table have an innocuous conversation, and the bomb is set to go off in a few minutes, and time ticks away while the audience fidgets — that, said Hitchcock, is suspense.

    “The Hurt Locker” director Kathryn Bigelow had plenty of both to work with.

    “The Hurt Locker,” which opens in limited release Friday and wider on June 26, concerns a Baghdad-based American bomb disposal unit in the Iraq war. It’s the job of the unit, and particularly Staff Sgt. William James (Jeremy Renner), to find and defuse the bombs set around the city, a constant battle during the film’s 2003-04 time frame.

    The IEDs (improvised explosive devices, planted by insurgents) the unit must deal with are a constant presence — and cunningly planted. One is in an abandoned vehicle outside a government building. Another is implanted in the chest cavity of a murdered youth. Others are left in trash heaps, buried in the ground and attached to an unwilling suicide bomber.

    Bigelow, who directed from journalist Mark Boal’s script, gives the film a documentary style, shooting from the perspective of bomb-finding robots, the windows of nearby apartments and even the inside of James’ heavy-duty high-tech protective suit, which resembles nothing so much as a real-life military version of the spacesuits worn by the astronauts in “2001: A Space Odyssey.”

    The cast and crew primarily shot in Amman, Jordan, as well as near the Iraqi border, heightening the realism. The bombs aren’t in some remote desert; they are placed on city streets, among people and soldiers trying to go about their business.

    “I wanted to create a real you-are-there, boots-on-the-ground feeling,” Bigelow (”Point Break,” “K-19: The Widowmaker”) said in a joint phone interview with Boal. “But I wanted to humanize the film, ground it in geography using the canvas of the city.”

    “The Hurt Locker” — the expression refers to the pain of explosions — is based on Boal’s reporting for Playboy. The journalist and screenwriter, who also wrote the story on which “In the Valley of Elah” was based, was embedded with a bomb squad for several weeks.

    He observed that although the units have the latest technology — along with the suits and robots, the men communicate through helmet microphones and protect one another with various guns and ordnance — bomb disposal still comes down to experience and wire cutters.

    “The technology is only useful up to a point,” he said. “It doesn’t cure everything. You only have to open up the newspaper to see how much damage [bombs] can do.”

    In the film, James is an adrenaline-fueled expert who joins an Explosive Ordnance Disposal squad after its previous leader, played by Guy Pearce, is killed in action. James has to win over a by-the-book sergeant (Anthony Mackie) and a despairing specialist (Brian Geraghty) while trying to get through the five-plus weeks until the company’s tour is over.

    The movie doesn’t gloss over the challenges of the duty — Geraghty’s specialist regularly meets with a therapist, while Renner and Mackie’s characters lock horns over the safety of James’ methods — but also showcases the heroism of men doing a thankless job in a war zone. Indeed, the film barely scratches the surface in showing the sheer volume of IEDs: A bomb disposal unit could face a dozen a day, Boal said.

    “The Hurt Locker” also proved a showcase for its performers, some of whom ended up in the film almost by accident. Along with its film stars — there are cameos from Ralph Fiennes, David Morse and Evangeline Lilly — the movie gave screen time to actors forced out of Baghdad during the war.

    “A great surprise was, of the hundreds of thousands of refugees living in Amman, many were actors. There was a fairly big theatrical community in Baghdad,” Bigelow said. “They were really grateful for the opportunity to act again.”

    “The Hurt Locker” has its own challenges. It’s being released during summer movie season, a time when people welcome the fake explosions of action films but may find the tense struggles of real bomb disposal experts too much to take.

    But the film also has much in its favor (including, for studio bean counters, a low budget). It’s won a number of prestigious awards (including four honors at the Venice Film Festival), and it’s received glowing reviews.

    ” ‘The Hurt Locker’ is a near-perfect movie about men in war, men at work,” wrote Time’s Richard Corliss. “[It's] one of the rare war movies that’s strong but not shrill, and sympathetic to guys doing an impossible job.”

    Bigelow, who says the film fits comfortably in the war-movie adventure genre, said she was drawn to the “opportunity to look at the heroism of these men,” what that bravery costs and what it saves. She hopes she’s succeeded.

    “The film,” she said, “doesn’t let you forget.”


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  • Sangakkara and Dilshan dump Australia out
    By Asiri on June 9th, 2009 | No Comments Comments

    Kumar Sangakkara, on one knee, carves another boundary, Australia v Sri Lanka, ICC World Twenty20, Trent Bridge, June 8, 2009

    Kumar Sangakkara cracked a superb 55

    Sri Lanka eliminated Australia from the ICC World Twenty20 with a six-wicket victory at Trent Bridge. Kumar Sangakkara played a captain’s innings to lead them across the line, with an over to spare, as they chased 160 after Tillakaratne Dilshan sparked the pursuit with an innovative 53 off 32 balls. Australia were set back by a magnificent display from Ajantha Mendis, who bamboozled with his variations, and although the match went to the final over Sri Lanka always held the edge to book their Super Eights berth.

    Australia’s stay in this tournament - the international title they don’t hold - lasted three days and now they face two extra weeks in Leicester to prepare for the Ashes series. Make no mistake, they desperately wanted to win this event, and further stock their trophy cabinet, but were short on their skills for the second game running against a highly impressive Sri Lanka outfit.

    With Sangakkara at the crease there was a sense of calm about the run-chase, even when the asking rate grew in excess of nine-per-over for a moment in the closing stages, and he was aided by a sparkling cameo from Jehan Mubarak. When Mubarak came to the crease a charged-up Brett Lee had bounced out Chamara Silva and he followed it up with three dot balls. However, Lee sent down a wide and the extra ball of the over was clouted over deep midwicket and you could see Australian shoulders slump.

    In the next over Sangakkara, one of the most impressive cricketers in the world on and off the field, completed a classy fifty off 40 balls with a delicate dab-sweep off Nathan Backen. With 14 needed off two overs there was no way back for Australia and Mubarak cleared the ropes again before a wide sealed their elimination.

    When Australia slumped to 94 for 6 in the 15th over the match was shaping to be very one-sided, but they added 65 runs in the last five overs to give the bowlers something to defend. However, they needed early wickets and despite a fine catch by David Warner to remove Sanath Jayasuriya the game was carried away from them through a fine innings from Dilshan.

    He took 16 off Shane Watson’s flustered first over, showing his full range of shots including a mow over midwicket and a deft sweep over fine leg, while his 26-ball half-century arrived with an extraordinarily cheeky top-edge flick over the wicketkeeper’s head. Dilshan needed some convincing to opening the batting, but his elevation has been a revelation and he has the power to clear the in-field but also the subtle touch to manoeuvre the ball.

    It needed a cracking delivery from Michael Clarke - his first - that pitched on leg, spun and hit middle to end Dilshan’s innings and a period of tight bowling from the spinners gave Australia a slim lifeline. Sangakkara and Mahela Jaywardene were content to deal in singles, but with the run-rate climbing fractionally Jaywardene tried to go over the top and got an outside edge to backward point.

    Sangakkara, though, knew perfectly when to pick his moments and deposited Nathan Haurtiz for two sixes in his last over, which went for 16. Lee, under huge pressure after his pasting at the hands of West Indies, tried to conjure a comeback but Australia just hadn’t made enough runs.

    The tone had been set in the first over of the match when Warner carved Angelo Mathews - a surprise new-ball option on his debut - to point but the key was always going to be Sri Lanka’s spin. Watson and Ricky Ponting had begun to locate the boundary regularly when Mendis was thrown the ball for the final over of the Powerplay and the game changed.

    He could have had Watson leg before with his first ball as he was beaten by one turning from leg to off, then with the final delivery of a brilliant over he uprooted Ponting’s leg stump as the captain backed away. In his next over Mendis nailed Watson on the sweep and the new batsmen were prodding and poking uncertainly against his multitude of variations.

    However, it’s not just with spin that Sri Lanka’s attack has a magical touch. Lasith Malinga’s first over had been expensive, but he is an irresistible cricketer who can produce wonderful moments and a superbly disguised slower ball made Brad Haddin look foolish as it dipped late and took out two stumps.

    Captains can often be left scratching their heads in Twenty20, but today everything Sangakkara tried work perfectly. He brought back Isuru Udana and the young left-armer produced a classy slower-ball that Clarke could only chip back down the pitch, before Mendis claimed his third by pinning Michael Hussey with one that zipped off the surface.

    The next over proved Australia’s best of the innings as Muttiah Muralitharan was taken for 21 with Mitchell Johnson launching two huge slow-swept sixes over deep midwicket. The damage, though, had already been done and a team so used to competing in the final stages of global events are packing their bags after the first round.


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  • Coin marks Henry VIII anniversary
    By Asiri on June 9th, 2009 | No Comments Comments

    Henry VIII memorial coin

    The coin has been made in platinum, gold, silver and cupro-nickel

    The Royal Mint is issuing a limited edition £5 coin to mark 500 years since Henry VIII ascended to the throne.

    A few of the “coins fit for a king” are cast in platinum, with a hefty price tag of £4,400. For ordinary subjects, there are cupro-nickel ones for £9.99.

    Featuring the robust figure of Henry himself, they carry the words Rosa Sine Spina, meaning “rose without a thorn”, which featured on coins in 1509.

    The Royal Mint said it hoped to honour the “love him or hate him” monarch.

    Henry VIII came to the English throne in 1509 aged just 17, following the death of his father, Henry VII.

    He famously had six wives and a very large appetite.

    Royal Navy

    The Royal Mint has produced 1,509 gold commemorative coins, which will go on sale for £1,195 each.

    Those wanting something even more exclusive can pick up one of the 100 platinum versions.

    In addition, there are also 10,000 silver coins, priced at £44.95, and 100,000 cupro-nickel coins for £9.99.

    King Henry VIII

    Henry made it his mission to build up the English navy

    All of the coins show the controversial king standing in front of a frieze of roses, which echoes the antique style of design much favoured in the carvings and tapestries of the period.

    They also carry the initials HR - Henricus Rex - which represents the king’s personal monogram, and a rope border around the edge, symbolising the Royal Navy.

    Henry VIII made it his mission while on the throne to build up the English navy to rival that of King James IV of Scotland.

    By the time of his death in 1547, England had 58 vessels, partly funded with loot from his dissolution of the monasteries.

    Dave Knight, director of commemorative coins at the Royal Mint, said: “Love him or hate him, Henry VIII is undoubtedly one of history’s most influential monarchs.

    “His reign changed the face of England for ever and we felt it was essential that this remarkable period of history was commemorated with a lasting and treasured memento.”


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  • Mobile scanner could detect guns
    By Asiri on June 9th, 2009 | No Comments Comments

    Gunman (Greater Manchester Police)

    Those behind the technology say it could help save lives

    British scientists have developed a portable microwave scanner to help police identify individuals carrying concealed guns and knives.

    It is small enough to be used covertly, at some distance from the subject.

    The device is based around microwave radar technology and is designed to pick up the “reflections” of weapons concealed beneath clothing.

    Some officials believe technology like this could help increase the effectiveness of stop-and-search.

    The existing prototype is suitable for the detection of guns, but researchers say subsequent versions of the technology will be able to identify concealed knives as well.

    The new device employs low-power microwaves to identify weapons, using similar wavelengths as the body scanners currently in use at a number of airports.

    This device could save lives and free up valuable policing time
    Catherine Coates, EPSRC

    However, Professor Nick Bowring from Manchester Metropolitan University, who led the development of the new device, said it worked on a different principle.

    Unlike airport scanners, the portable machine does not produce an image of the subject, it only analyses signals.

    “It is designed to work out on the streets and is not (restricted) to a closed, controlled environment,” Professor Bowring told BBC News.

    A human operator will transport the device, using it to direct microwave emission at a person of interest.

    Return signals - microwaves reflected back towards the device - are picked up, sensed and analysed.

    Weapon signature

    “[The scanner] does a lot of computing and processing of the signals it acquires. It puts them all together, analyses them over a short period and makes a decision,” said Professor Bowring.

    “It works on the principle that the radar returns from people, when they are carrying a gun or a knife, look different. And we pick up on those small differences.”

    We welcome scientific innovation in the fight against crime but this kind of technology needs public scrutiny and foundation in law
    Anita Coles, Liberty

    So-called neural network technology is employed to identify signals from concealed weapons and to ignore those from everyday items. Similar technology is used in the automatic recognition of car number plates.

    Professor Bowring said he and his team had found ways to reduce the numbers of “false positive” readings to a “very low level”.

    Because of sensitivities surrounding its use, he could not say what distance the device worked over, but explained it was a “useful stand-off range”. Researchers are reluctant to release pictures of the experimental set-up for similar reasons.

    Tests are currently being carried out by the Metropolitan Police’s operational technology department to see how the scanner could work in practice.

    If those trials are successful, a device could become available to police forces within two years.

    Catherine Coates, head of innovation at the Engineering and Physical Sciences Research Council (EPSRC), said: “This device could save lives and free up valuable policing time currently taken up with gun and knife detection.”

    ‘Public scrutiny’

    Anita Coles, policy officer for Liberty, told BBC News: “We welcome scientific innovation in the fight against crime but this kind of technology needs public scrutiny and foundation in law.

    “The causes of violence also need attention. You will never eliminate all the guns, knives, bottles and glasses so it’s important to consider other conditions that foster conflict.”

    In a statement, Stuart Ibbotson, head of engineering for the Metropolitan Police, said: “We are still at early stages and a way off deploying operational capability yet, but so far, results are very encouraging.

    “This kind of device would be of great service to officers, helping them to catch people carrying guns and knives without putting themselves in increased danger. It could also help to target stop and search to further increase its effectiveness.”

    The number of firearms operations rose by almost a fifth last year in police forces in England and Wales.

    Officers fired weapons seven times - up from three incidents the year before, but still fewer times than in 2001.

    The Home Office figures showed a drop in firearms operations in some police areas commonly believed to have significant gun crime problems.

    Professor Bowring said the scanner had been developed relatively cheaply, at a cost of only a few hundred thousand pounds.

    The project involved researchers from MMU, Manchester University, Newcastle University and Queen Mary University of London.

    It was funded by the EPSRC, supported by the Metropolitan Police and the Home Office Scientific Development Branch.


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  • Rogue protein ’spreads in brain’
    By Asiri on June 9th, 2009 | No Comments Comments

    Brain tissue

    Tau causes tangles in brain tissue

    Scientists have shown a rogue protein thought to cause Alzheimer’s can spread through the brain, turning healthy tissue bad.

    They believe the tau protein may share characteristics with the prion proteins which cause vCJD.

    When injected into the brains of healthy mice it triggered formation of protein tangles linked to Alzheimer’s.

    However, experts stressed the Nature Cell Biology study did not mean tau could be passed from person to person.

    This does not mean that these diseases are infectious in the same way as mad cow disease and human CJD
    Professor David Allsop
    Lancaster University

    Tau is a protein present in all nerve cells, where it plays a key role in keeping them functioning properly.

    But a rogue form of the protein can trigger the formation of protein clumps within nerve cells known as neurofibrillary tangles.

    It is thought that these tangles are likely to be a major cause of Alzheimer’s disease.

    In the latest study researchers, led by a team from University Hospital, Basel, extracted sections of brain from mice expressing a mutant form of human tau protein.

    These extracts were injected into specific regions in the brains of healthy mice.

    New tangles

    Analysis showed that this induced normal human tau proteins in the healthy mice to clump together to form neurofibrillary tangles.

    These newly-formed tangles were also able to spread to nearby regions in the brain.

    Another type of rogue protein - the prions - which cause diseases such as vCJD, are thought to be able to twist themselves into a shape which gives them the ability to “infect” nearby healthy tissue.

    But until now it had not been thought that tau proteins had the same contagious property.

    Dr Michel Goedert of the MRC Laboratory of Molecular Biology in Cambridge, worked on the study.

    He said: “This opens new avenues in dementia research that will aim to understand how abnormal tau can spread.

    “We can also investigate how diseases caused by tau aggregates and prions are similar.”

    Disease progression

    Professor David Allsop, an expert in neuroscience at Lancaster University, said the study might help explain how tangles spread from one region of the brain to another during the course of Alzheimer’s.

    However, he said: “This does not mean that these diseases are infectious in the same way as mad cow disease and human CJD.

    “There is no evidence that diseases like Alzheimer’s disease and Parkinson’s disease can be transmitted from one person to another.”

    Rebecca Wood, chief executive of the Alzheimer’s Research Trust, said: “This greater understanding of how tangles spread in Alzheimer’s may lead to new ways of stopping them and defeating the disease.”

    However, Dr Susanne Sorensen, head of research at the Alzheimer’s Society, stressed that work was carried out in genetically modified mice, and there was a lot of work to be done before the implications were fully understood.

    “There is still so much we do not understand about the changes in tau that lead to tangle formation in humans and, eventually, widespread brain cell death,” she said.


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  • Oily fish ‘can halt eye disease’
    By Asiri on June 9th, 2009 | No Comments Comments

    Mackerel

    Mackerel is rich in omega 3

    People with age-related macular degeneration (AMD) should eat oily fish at least twice a week to keep their eye disease at bay, say scientists.

    Omega-3 fatty acids found in abundance in fish like mackerel and salmon appear to slow or even halt the progress of both early and late stage disease.

    The researchers base their findings on almost 3,000 people taking part in a trial of vitamins and supplements.

    The findings are published in the British Journal of Ophthalmology.

    An estimated 500,000 people in the UK suffer from AMD, which destroys central vision.

    Protective

    Experts have already suggested omega-3 may cut the risk of getting AMD by a third, and now this latest work suggests these fats also benefit patients who already have the disease.

    These findings appear to be consistent with previous research that has shown that eating omega 3 poly-unsaturated fats as part of a balanced diet may help prevent the development of age-related macular degeneration
    A spokeswoman from RNIB

    Progression to both dry and wet forms of advanced AMD disease was 25% less likely among those eating a diet rich in omega-3 fatty acids.

    People with advanced AMD who also consumed a low-GI diet, eating of foods that release their sugar more slowly, and who took supplemental antioxidant vitamins and minerals like vitamin C and zinc appeared to reduce their risk of disease progression by even more - by up to 50%.

    Substituting five slices of wholegrain bread for white bread every day out of a total intake of 250g of carbohydrate might cut out almost 8% of advanced age related macular degeneration over five years, say the authors.

    Surprisingly, however, the supplements were counterproductive for those with early AMD, negating the benefits of omega-3 fats, and even appeared to increase the risk of disease progression.

    Those who took all the antioxidant vitamins plus zinc, and who a high daily intake of beta carotene - found in yellow and green vegetables - were 50% more likely to progress to advanced disease.

    The researchers at Tufts University, Boston, believe omega-3 fatty acids offer protection against AMD by altering fat levels in the blood after a meal that can be damaging to the body.

    ‘Moderation’

    But they say it is not clear whether patients should also consider taking supplements as well as omega-3 because of their mixed findings.

    They suggest that eating two to three servings of fatty fish, such as salmon, tuna, mackerel, shellfish, and herring every week, would achieve the recommended daily intake (650mg) of omega-3, substantially cutting the risk of both early and late stage AMD.

    The UK’s Food Standards Agency says people should eat at least two portions of fish a week including one of oily fish.

    But they caution that too much oily fish is bad because it can contain low levels of pollutants that can build up in the body.

    Most people can safely eat up to four portions a week, but girls and women who might have a baby and those who are pregnant or breastfeeding should limit their intake to two portions a week.

    A spokeswoman from RNIB said good nutrition was very important for both general and eye health.

    “These findings appear to be consistent with previous research that has shown that eating omega-3 poly-unsaturated fats as part of a balanced diet may help prevent the development of age-related macular degeneration, the main cause of severe sight loss in the UK.

    “RNIB hopes that this will further highlight why looking after your eyes should be a key motivation in maintaining a healthy lifestyle,” she said.


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  • Mercy plea for held US reporters
    By Asiri on June 9th, 2009 | No Comments Comments

    Journalists Euna Lee (L) and Laura Ling

    The families of two US journalists held in North Korea have pleaded with the authorities there to set the pair free.

    In a statement, relatives of Euna Lee and Laura Ling said reports that the women had been sentenced to 12 years in a labour camp were “devastating”.

    They were convicted of entering the North illegally while filming at the Chinese border in March.

    US Secretary of State Hillary Clinton said the government was “pursuing every possible approach” to free the women.

    Their trial was held amid growing tensions over North Korea’s nuclear programme, but Mrs Clinton stressed that the two issues were “entirely separate”.

    ‘Show compassion’

    The families of Ms Ling and Ms Lee said they were worried about the “mental state and wellbeing” of the two women.

    In a joint statement, the families said: “We ask the government of North Korea to show compassion and grant Laura and Euna clemency and allow them to return home to their families.

    North Korean leader Kim Jong-il visits a factory in Tanchon, in an undated photo released on 6 June

    “We remain hopeful that the governments of the United States and North Korea can come to an agreement that will result in the release of the girls.”

    The statement said Ms Ling suffered from an ulcer and that Ms Lee had a four-year-old daughter who was “displaying signs of anguish”.

    “We believe that the three months they have already spent under arrest with little communication with their families is long enough,” the statement said.

    After a short trial, the North’s official news agency KCNA said on Monday that the women had committed a “grave crime” and would be sentenced to 12 years of “reform through labour”.

    KCNA gave no further details.

    Bargaining chip?

    The pair were arrested by North Korean guards on 17 March while working on the China-North Korea border on a story about refugees for California-based internet broadcaster Current TV.

    Some reports have suggested that the women did not stray over the border but were seized by North Korean border guards who crossed into Chinese territory.

    The pair have been held in detention since their arrest.

    Tensions have increased in the region since North Korea conducted a nuclear test in May and then test-fired several missiles.

    Another long-range missile test is believed to be planned for later this month.

    The UN Security Council is discussing tightening sanctions against Pyongyang, and Mrs Clinton said on Sunday that the US was considering reinstating North Korea in its list of state sponsors of terrorism.

    Analysts believe the North may try to use the women as a bargaining chip in negotiations over their nuclear programme.


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  • Stocks cut losses
    By Asiri on June 9th, 2009 | No Comments Comments

    Stocks cut losses Monday, ending mixed, as investors scooped up bank and consumer shares and kept an eye on Treasury bond yields, the dollar and commodity prices.

    After the close, the Supreme Court granted a stay in the sale of Chrysler’s assets to Italian automaker Fiat, at the behest of a group of shareholders. The move delays Chrysler’s exit from bankruptcy, which had been expected to occur as soon as Monday.

    The Dow Jones industrial average (INDU) ended just above unchanged and the S&P 500 (SPX) index ended just below unchanged. The Nasdaq composite (COMP) lost 7 points or 0.4%.

    All three major indexes had slumped through the session, before turning higher near the close and ultimately ending mixed.

    The late-session turnaround was positive, but deceptive, in that the market breadth numbers remained negative, said Donald Selkin, chief market strategist at National Securities. He was referring to the fact that more shares fell than gained, on both the Nasdaq and New York Stock Exchange.

    He said that going forward, it’s going to be difficult for the major indexes to push much higher.

    “We saw some resiliency today, but I think the market is going to be laboring under the perception that the Federal Reserve is going to be forced to raise rates,” Selkin said.

    That’s partly because Treasury yields have been rising, with the 2-year note yield now more than a full percentage point above the fed funds rate, which has been near zero since December.

    Meanwhile, the 10-year note is edging closer to 4%, a level not seen since October. The spike has raised worries about the recovery hitting roadblocks before it’s barely begun.

    Some optimism about the bank sector Monday helped to counter worries about inflation, the dollar and the spike in Treasury bond yields, said Dave Rovelli, managing director of U.S. equity trading at Canaccord Adams.

    “The banks are up because the rumor is that there are going to be nine banks that they allow to pay back TARP funds,” Rovelli said.

    The government will let the banks know this week, perhaps as soon as Tuesday morning, which ones they deem to be sufficiently capitalized to pay back the TARP funds received last fall.

    Monday is the deadline for plans to be submitted by banks that need to raise additional cash as a result of the government’s stress tests.

    Stalling after the rally: Stocks were weaker through most of Monday’s session as investors showed caution after a rally that has propelled the Dow off of 12-year lows hit in early March. The Dow has risen in 11 of the last 13 weeks, climbing 32.2% as of Friday’s close. That’s the blue-chip average’s best 13-week run in 26 years.

    The other major indexes have also rocketed since March 9. Since hitting a more than 12-year low, the S&P has gained 39% as of Friday’s close. The Nasdaq has rallied 45.8% as of Friday’s close, since bouncing off of a 6-year low.

    Pacing a typical post-rally retreat is the start of a shift in investor perception, said Jeffrey Kleintop, chief market strategist at LPL Financial.

    He said the spate of not-as-bad economic news, punctuated by last Friday’s milder than expected job-loss report, has raised questions about whether the economy is healing faster than expected. If so, how will all the stimulus spending impact growth, and how will the government respond?

    “The focus has switched to ‘yes, things are turning around, but maybe more rapidly than expected, and what does that mean for inflation?’” he said.

    Financials: Banks were in focus Monday. The 10 banks that were required to raise a collective $75 billion as a result of the government “stress tests” have to submit detailed plans by Monday.

    Bank of America (BAC, Fortune 500), Morgan Stanley (MS, Fortune 500) and PNC Financial Services (PNC, Fortune 500) are among the companies that have already met or exceeded requirements.

    In addition, the government is expected to announce which banks can pay back the TARP funds.

    Most major bank stocks were higher, boosting the KBW Bank sector index by 1.3%.

    Apple: On Monday afternoon, the tech behemoth introduced a faster version of its iPhone, lowered the price on its existing phone and offered details on its revamped operating system. Apple (AAPL, Fortune 500) shares ended modestly lower.

    0:00 /5:41Why Indiana went to Supreme Court

    Company news: Fidelity and private-equity firm KKR are teaming up to give customers of the mutual fund company access to initial public offerings of KKR companies.

    The global airline industry is likely to lose $9 billion this year due to weaker demand and the impact of the recession, according to trade group the International Air Transport Association.

    Among stock movers, consumer shares advanced, including Dow components’ Home Depot (HD, Fortune 500) and Walt Disney (DIS, Fortune 500).

    McDonald’s shares dipped after the company reported May sales at stores open a year or more rose 5.1%, versus a rise of 6.9% in April.

    Market breadth was negative. On the New York Stock Exchange, losers beat winners three to two on volume of 1.08 billion shares. On the Nasdaq, decliners topped winners eight to five on volume of just under 2 billion shares.


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