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Palestinians take step toward unity (AP)

RAMALLAH, West Bank ? After months of wavering, Palestinian President Mahmoud Abbas took a decisive step Monday toward reconciliation with the Islamic militant group Hamas, a move Israel promptly warned would close the door to any future peace talks.

In a deal brokered by Qatar, Abbas will head an interim unity government to prepare for general elections in the Palestinian territories in the coming months. The agreement appeared to bring reconciliation ? key to any statehood ambitions ? within reach for the first time since the two sides set up rival Palestinian governments in the West Bank and Gaza in 2007.

Monday's deal, signed in the Qatari capital of Doha by Abbas and Hamas chief Khaled Mashaal, put an end to recent efforts by the international community to revive long-stalled negotiations between Israel and the Palestinians on the terms of Palestinian statehood. Abbas appears to have concluded that he has a better chance of repairing relations with Hamas, shunned by the West as a terror group, than reaching an agreement with Israel's hardline prime minister, Benjamin Netanyahu.

Netanyahu quickly condemned the Doha deal. "It's either peace with Hamas or peace with Israel. You can't have them both," he said in a warning to Abbas, who has enjoyed broad international support.

In moving closer to Hamas, Abbas risks losing some of that backing and hundreds of millions of dollars a year in aid.

Qatar, awash with cash from vast oil and gas reserves, assured the Palestinians that it would help limit any political and financial damages, according to Palestinian officials close to the talks.

Whether the Palestinian Authority loses any of the roughly $1 billion in foreign aid it received each year may partly depend on the interim government's political platform and Hamas' willingness to stay in the background.

The new government is to be made up of politically independent experts, according to the Doha agreement. If headed by Abbas, devoid of Hamas members and run according to his political principles, it could try to make a case to be accepted by the West. Abbas aides said they were optimistic they could win international recognition.

The Quartet of international Mideast mediators ? the U.S., the U.N., the European Union and Russia ? has said it would deal with any Palestinian government that renounces violence, recognizes Israel and supports a negotiated peace deal. Abbas has embraced these principles, while Hamas rejects them.

Top Abbas aides Nabil Shaath and Azzam al-Ahmed said they are confident the new government will be based on the Quartet principles. In any case, they said, the interim government's focus will be to prepare for presidential and parliamentary elections, not to negotiate with Israel. Such elections won't be held in May, as initially envisioned, they said, but could take place several months later.

In Washington, State Department spokeswoman Victoria Nuland said the U.S. was seeking more information about what was agreed, and that reconciliation was an internal matter for Palestinians.

"What matters to us are the principles that guide a Palestinian government going forward, in order for them to be able to play a constructive role for peace and building an independent state," Nuland said.

"Any Palestinian government must unambiguously and explicitly commit to nonviolence," she said. "It must recognize the state of Israel. And it must accept the previous agreements and obligations between the parties, including the road map. So those are our expectations."

Nuland declined to say if the Fatah-Hamas arrangement would advance or hurt peace talks with Israel. She also appeared hesitant to address Netanyahu's warning to Abbas that the Palestinians can have "peace with Hamas or peace with Israel."

"We maintain that both of these parties ought to stay committed to this process," Nuland told reporters.

The European Union offered qualified support Monday, saying it considers Palestinian reconciliation and elections as important steps toward Mideast peace. The EU, a major financial backer of Abbas' Palestinian Authority, "looks forward to continuing its support," provided the new government meets the Quartet demands, said Michael Mann, a spokesman for EU foreign policy chief Catherine Ashton.

Last year, Abbas and Mashaal struck a reconciliation deal that later became bogged down in disagreement over who would head an interim government. Hamas strongly opposed Abbas' initial choice of Salam Fayyad, the head of his Palestinian Authority.

Fayyad, an economist who is widely respected in the West, said Monday he welcomed the new deal even though it would cost him a job he has held since 2007.

The breakthrough came after two days of meetings between Abbas and Mashaal, hosted by Qatar's emir, Hamad bin Khalifa Al Thani. After the signing, Abbas said that "we promise our people to implement this agreement as soon as possible."

Mashaal also said he was serious "about healing the wounds ... to reunite our people on the foundation of a political partnership, in order to devote our effort to resisting the (Israeli) occupation."

Abbas and Hamas have had bitter ideological differences, with Abbas pursuing a deal with Israel and the violently anti-Israel Hamas dismissing such talks as a waste of time. The rift deepened with Hamas' 2007 takeover of Gaza, which left Abbas with only the West Bank.

However, some of those differences seem to have narrowed in recent months.

Abbas has lost faith in reaching a deal, at least with Netanyahu. Low-level Israeli-Palestinian border talks last month ? an attempt by the international community to revive formal negotiations after more than three years of paralysis ? only highlighted the vast gaps.

The Palestinians want the West Bank, Gaza and east Jerusalem, with minor border adjustments, for their state. Israel's outline of a border deal, presented last month, meant it wants to keep east Jerusalem and large chunks of the West Bank, not enough concessions to keep Abbas engaged.

Mashaal, meanwhile, has been prodding Hamas toward a more pragmatic stance that is closer to that of the group's parent movement, the pan-Arab Muslim Brotherhood. The Brotherhood scored election victories in Egypt and Tunisia in the wake of the pro-democracy protests of the Arab Spring, and has urged Hamas to moderate and reconcile with Abbas.

However, Mashaal represents Hamas in exile and appears to have had differences with the movement's more hardline leadership in Gaza, which stands to lose influence and jobs in a reconciliation deal. Some of the Gaza leaders have resisted Mashaal's push for unity and moving closer to the Brotherhood, Hamas officials have said privately.

It remains unclear how much resistance Mashaal will now face from the Gaza leaders of the movement. One of the biggest challenges of reconciliation ? how to blend the two sides' separate security forces ? remains unresolved.

Ismail Haniyeh, the Hamas prime minister of Gaza, said he welcomed the agreement. Initial reports that a Hamas delegation from Gaza went to Doha were incorrect. The delegation headed to Cairo.

The agreement calls for rebuilding Gaza, which has been largely cut off from the world as part of an Israeli-Egyptian border blockade imposed after the Hamas takeover. The blockade was eased in the past year, but not enough to revive the Gaza economy, including the vital construction industry, and many large-scale projects remain on hold.

Qatar is willing to spend as much as $10 billion to help repair the damage of the rift, including settling mutual grievances by supporters of Hamas and Abbas' Fatah movement who at the height of tensions fought bloody street battles, the Palestinian officials said on condition of anonymity because they were not authorized to discuss the closed-door meetings with reporters. The figure could not be confirmed independently.

Al-Ahmed and Shaath, the Abbas aides, said they expect the composition of the new government to be announced during a Feb. 18 meeting of Palestinian political factions in Cairo.

They said Abbas would set an election date 90 days after the Central Elections Commissions has updated voter records in Gaza, a process that could take several weeks. The initial reconciliation pact envisioned elections in May, but this is no longer realistic, the aides said. Shaath said he believes the voting could take place by July.

___

Barzak reported from Gaza City, Gaza Strip. AP writers Bradley Klapper in Washington, Raf Casert in Brussels and Brian Murphy in Dubai also contributed.

(This version CORRECTS that a Hamas delegation from Gaza did not go to Doha)

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20120207/ap_on_re_mi_ea/ml_palestinians_reconciliation

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James Zogby: Dealing with Iran

If we are to believe what we are hearing and reading from a variety of confirmed and unconfirmed sources, in Israel and the U.S., some day in the next few months we may wake up to the news that Israel has bombed Iran's nuclear facilities. Or maybe not.

The Israelis appear to be deeply divided on the issue, sending mixed signals, almost daily, about their intentions, their capacity to execute such a mission, and even whether or not Iran's reputed program poses an imminent danger.

The U.S. is tied up in knots of its own making. Being in the throes of an election, no one wants to appear critical of Israel. And so while concerned with the consequences of a unilateral Israeli strike, statements from official Washington or from presidential aspirants range from hand-wringing and feigned powerlessness to full-throated support for any action Israel may take.

Last week's New York Times Magazine had a feature piece arguing that Israel's calculations as to whether or not they should go forward with a strike against Iran would be based on answers to a series of questions--whether they thought they could; whether they could withstand the "blow-back"; whether they could count on at least tacit American support; etc. With the answers to all of the above in the affirmative, Israelis might go forward with an attack.

For their part, the Iranians, apparently loving the attention they are receiving, have engaged in provocative actions of their own and their fair share of rhetorical excess. Lost in this deadly game are a number of serious issues that should be considered--but, in all probability will not be.

In the first place, the matter of whether or not Iran is on a trajectory to build a bomb is not an incidental one. The last IAEA report, despite efforts to mischaracterize its findings, was not conclusive. At best, it hedged.

Next to consider is the exact nature of the threat posed by a nuclear Iran. While Israel projects itself as facing an "existential" challenge from Iran, this is hyperbolic nonsense. An Iranian attack on Israel would amount to Iran signing its own death warrant. It is a horror even to image, but the reality is that a nuclear attack anywhere in Israel, would murder tens of thousands of innocents, Jews and Arabs, with radiation fallout spreading death and deformity over a wide radius that would infect hundreds of thousands more in the neighborhood (depending on the wind, to Egypt, Lebanon, Syria, Jordan or the occupied Palestinian lands). In other words, in the aftermath of any attack, not only would Iran be destroyed, but its fate would be sealed forever in the Arab and Muslim world--a consideration that could not be lost on the regime's leadership. The bottom line: there is no "first use".

Iran's real intention is the dangerous game of bragging rights. And their target audience is across the Gulf. Their recent effort to recast the "Arab Spring" as an "Islamic Awakening" being led by the Islamic Republic provided a case in point. Hoping that no one would notice their own brutal repression of their home-grown democracy movement and their support for the bloody crackdown against the uprising in Syria, the Iranians still seek to prey on Arab anger at the West projecting themselves as being in the vanguard of Arab revulsion at the excesses of imperialism and Zionism.

If this is the game, then Israeli saber-rattling and American outrage play right into Iran's hand. By exaggerating the threat posed by this regime, by pretending that it is a menace equal to Nazi Germany of the Soviet Union, the West succeeds only in giving the Iranians what they want most--an inflated sense that they are a real power to be feared.

Make no mistake, the regime in Tehran is a meddlesome menace and their aspirations for regional hegemony do pose a threat, not to Israel (which serves more Iran's foil, then its target, and vice versa), but to the Arab Gulf States--whose concerns are rarely, if ever, considered in U.S. political discourse.

My concern is that the escalating rhetoric by all sides poses a danger, in itself. The region is a tinderbox, and it is as if everyone is too busy playing with matches to think of the consequences of their behavior.

Better than threats, which only serve to embolden Iran, I would suggest a combination of direct engagement (which has been tried too little), continued targeted sanctions (which are having a real impact) and a bit of ridicule. What, one might ask the leaders of Iran, will they do with their nuclear program and their provocation? Can it feed their people, rebuild their neglected and decayed infrastructure, give hope to their unemployed young, or secure their role in the community of nations? Rather than play their game, reduce them down to size. Look at the region, as it is. As democracy movements advance in North Africa, and as the Gulf States make significant progress, providing a model for development and growth, Iran remains trapped in an archaic system which feeds off of fear and anger, and goes nowhere.

There are lessons to be learned in order to avoid a confrontation from which no one will emerge a winner. Those in the U.S. who point to Israel's 1981 strike against Iraq, conveniently ignore the fact that Saddam emerged undeterred. The next two decades witnessed Iraq and Iran engaging in an orgy of blood-letting, in part leading to Iraq's fatal occupation of Kuwait and all that followed. Then there were Israel's repeated invasions, occupations and bombardments of Lebanon which only devastated that country, leading to the emergence and empowering of Hizbollah. Or Israel's war and strangulation policy against Gaza which only resulted in death and destruction, increasing bitterness and a deepening Palestinian divide, making the search for peace more difficult.

The point is that it would be wise to call a halt to the escalating rhetoric for an attack on Iran; recognize the real danger posed by Iran to its own people and to its neighbors; stop enabling the Israeli and Iranian game of "chicken" with each other, when the unintended consequences of their continued dance with death will be felt not only by themselves, but by so many others; and develop a sane approach to dealing with a problem that must be faced and can't simply be bombed or threatened away.

?

Follow James Zogby on Twitter: www.twitter.com/AAIUSA

Source: http://www.huffingtonpost.com/james-zogby/dealing-with-iran_b_1254542.html

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Basic Nature and Essential Characteristics of Criminal Law Santa ...

Criminal law would be the body of policies that defines crimes and treats for punishment. This side branch of the study connected with law is generally psychological in nature. The crimes defined in legal law necessary have got corresponding and commensurate punishments to be imposed for anyone who violates the penal terms. The nature and intent for promulgating criminal laws is for the maintaining and maintenance of peace and order. Transgressions of the provisions on this form of edict are common incident in daily exercises of the police departments, authorities, and even among several streets of almost each country. Thus, to stop and deter the perpetration of criminal criminal acts, violations of the legal laws are usually meted by helping cover their serious punishments charged by the courts involving law in accordance with principles promulgated for such purpose.

The criminal Law Santa Maria provisions are either necessary or prohibitory in character. Violations of mandatory provisions are usually in the sort of omissions of what is legally ruled and expected on the person. The undertaking of something that regulations prohibits constitute this commission of a criminal offense. An example of an omission throughout law is the legitimate obligation of mothers and fathers to provide immediate support for their minor child under their custody in cases when the last option suffers from serious overall health emergencies. This parental care and service should be complied with in great faith by the mom and dad of the minor plus in case of omission no matter whether by neglect as well as with willful purpose, the parents shall carried the punishment offered by law for what ever that may happen to their baby be it mere bodily injuries or most detrimental, death. Thus, an act of neglect through not performing your due diligence required by rules from the parents for that protection of the life of a minor who perished due to lack of caution constitutes homicide. For your crimes of commission, certain acts tend to be expressly prohibited by law such as the killing of another person save in a few exempting and justifying circumstances that this law provides. Need to anyone commit an act that results in this death of another human being, the former shall go through the punishments for either homicide, kill or man slaughter.

In violations, whether omission as well as commission of the penal procedures, the court and its reps must observe specific rules for their trial run and punishments. Most of these rules are promulgated to ensure that the truth is revealed and each and every material facts as well as circumstances are considered through trial. It also makes certain that the rights of the accused and the interest of the public are safe to avoid the miscarriage of justice. Criminal law does not solely refer to the violations of the accused it provides for his rights before the criminal justice system. These protection under the law of the accused as well as the interest of the public in seeking the fact and finding the true perpetrator of the abominable act should be carefully healthy to thresh out the simple fact from the alibis and conjectures that will come from either in the parties.

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Basic Nature and Essential Characteristics of Criminal Law Santa Maria.

By:

Criminal law would be the body of policies that defines crimes and treats for punishment. This side branch of the study connected with law is generally psychological in nature. The crimes defined in legal law necessary have got corresponding and commensurate punishments to be imposed for anyone who violates the penal terms. The nature and intent for promulgating criminal laws is for the maintaining and maintenance of peace and order. Transgressions of the provisions on this form of edict are common incident in daily exercises of the police departments, authorities, and even among several streets of almost each country. Thus, to stop and deter the perpetration of criminal criminal acts, violations of the legal laws are usually meted by helping cover their serious punishments charged by the courts involving law in accordance with principles promulgated for such purpose.

The criminal Law Santa Maria provisions are either necessary or prohibitory in character. Violations of mandatory provisions are usually in the sort of omissions of what is legally ruled and expected on the person. The undertaking of something that regulations prohibits constitute this commission of a criminal offense. An example of an omission throughout law is the legitimate obligation of mothers and fathers to provide immediate support for their minor child under their custody in cases when the last option suffers from serious overall health emergencies. This parental care and service should be complied with in great faith by the mom and dad of the minor plus in case of omission no matter whether by neglect as well as with willful purpose, the parents shall carried the punishment offered by law for what ever that may happen to their baby be it mere bodily injuries or most detrimental, death. Thus, an act of neglect through not performing your due diligence required by rules from the parents for that protection of the life of a minor who perished due to lack of caution constitutes homicide. For your crimes of commission, certain acts tend to be expressly prohibited by law such as the killing of another person save in a few exempting and justifying circumstances that this law provides. Need to anyone commit an act that results in this death of another human being, the former shall go through the punishments for either homicide, kill or man slaughter.

In violations, whether omission as well as commission of the penal procedures, the court and its reps must observe specific rules for their trial run and punishments. Most of these rules are promulgated to ensure that the truth is revealed and each and every material facts as well as circumstances are considered through trial. It also makes certain that the rights of the accused and the interest of the public are safe to avoid the miscarriage of justice. Criminal law does not solely refer to the violations of the accused it provides for his rights before the criminal justice system. These protection under the law of the accused as well as the interest of the public in seeking the fact and finding the true perpetrator of the abominable act should be carefully healthy to thresh out the simple fact from the alibis and conjectures that will come from either in the parties.

For more information about Criminal Law Santa Maria visit our website.

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Construction industry optimistic for 2012 as growth eases

02/02/2012


By Maximilian Clarke

A slight easing of the pace of growth has done little to dampen UK construction firms? spirits, whose confidence has climbed to an 8-month high.

And despite a slight slowdown from the end of 2011 coupled with employment stagnation, construction companies are overwhelming optimistic about 2012, the monthly Markit/ CIPS construction purchasing managers? index suggests.


Commercial construction growth offset declines
in housing and infrastructure

A strong construction sector is vital to the UK recovery. Employing in excess of 2 million workers, the sector accounts for 8% of the UK GDP. That the industry overall remains in growth can be taken as a good sign, though declines within the housing and infrastructure subsectors must be addressed.

But within the industry, both housing and civil projects eased into decline but were more than offset by strong commercial demand in London in particular.

?2012 started positively for the UK construction sector, with further output growth recorded,? commented Sarah Bingham, Markit economist and author of the report, before cautioning:

?However, at a four-month low, the expansion was modest, reflecting a weaker rise in the volume of new business received compared with December. Furthermore, growth was focused on commercial construction, with house building and civil engineering activity levels both falling slightly. The resulting overall increase in output was insufficient to sustain job creation, with employment stagnating.

New business received by UK construction companies continued to rise at the start of 2012. However, the rate of growth eased to the weakest in the current four-month period of increase. Panellists commented that reductions in clients? budgets had led to the slower rise in new business.

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Source: http://www.internationaltrade.co.uk/news.php?NID=1607

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Barnes & Noble Announces Fiscal 2012 Third Quarter Earnings ...

NEW YORK?(BUSINESS WIRE)?Barnes & Noble, Inc. (NYSE:BKS), the leading retailer of content, digital media and educational products, today announced the company will report fiscal 2012 third quarter earnings results on Tuesday, February 21st, before the market opens. The company will host an investor conference call at 10:00 AM Eastern time on Tuesday, February 21st, to review the company?s financial results and operations.

This call is being webcast by Thomson/CCBN and can be accessed at Barnes & Noble, Inc.?s corporate website at www.barnesandnobleinc.com/webcasts. The webcast of this call will be archived and available at www.earnings.com.

ABOUT BARNES & NOBLE, INC.

Barnes & Noble, Inc. (NYSE:BKS), the world?s largest bookseller and a Fortune 500 company, operates 703 bookstores in 50 states. Barnes & Noble College Booksellers, LLC, a wholly-owned subsidiary of Barnes & Noble, also operates 637 college bookstores serving over 4.6 million students and faculty members at colleges and universities across the United States. Barnes & Noble conducts its online business through BN.com (www.bn.com), one of the Web?s largest e-commerce sites, which also features more than two million titles in its NOOK Bookstore? (www.bn.com/ebooks). Through Barnes & Noble?s NOOK? eReading product offering, customers can buy and read digital books and content on the widest range of platforms, including NOOK devices, partner company products, and the most popular mobile and computing devices using free NOOK software.

General information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company?s corporate website: www.barnesandnobleinc.com.

NOOK?, NOOK Tablet?, NOOK Simple Touch ?, NOOK 1st Edition?, NOOK 1st Edition Wi-Fi?, NOOK Color?, Reader?s Tablet?, PagePerfect?, Best-Text?, Fast Page?, NOOK Books?, NOOK Store?, NOOK Bookstore?, NOOK Newsstand?, NOOK Magazines?, VividView?, ArticleView?, NOOK Newspapers?, NOOK Comics?, NOOK Cloud?, NOOK Apps?, FREE NOOK Reading Apps?, PubIt!?, NOOK Discover?, NOOK Kids?, Read and Play?, Read to Me?, Read and Record?, NOOK Digital Shop?, Read In Store?, More In Store?, NOOK Friends?, LendMe?, NOOK Library?, NOOK Boutiques?, The Barnes & Noble Promise?, NOOK Books en espa?ol?, NOOK Study?, Free Friday?, Lifetime Library? and Read What You Love. Anywhere You Like? are trademarks of Barnes & Noble, Inc.

Follow Barnes & Noble on Twitter (www.bn.com/twitter), Facebook (http://www.facebook.com/barnesandnoble) and YouTube (http://www.youtube.com/user/bnstudio).

See the original article here:
Barnes & Noble Announces Fiscal 2012 Third Quarter Earnings Release Date and Conference Call Webcast

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Source: http://www.enterprisecommunicate.com/barnes-noble-announces-fiscal-2012-third-quarter-earnings-release-date-and-conference-call-webcast/

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Russia gives WikiLeaks' Julian Assange a TV platform

The state-funded Russian satellite news network Russia Today will air a television series hosted by WikiLeaks founder Julian Assange, still under house arrest in Britain.

WikiLeaks founder and controversy magnet Julian Assange has been driven off the Internet, deprived of funding and placed under house arrest. Now he will get his chance to strike back, courtesy of the Kremlin.

Skip to next paragraph

Starting in March, Mr. Assange will host a 10-part series of interview programs with "key political players, thinkers and revolutionaries" on Russia Today (RT), a state-funded English-language satellite news network which claims to reach more than 85 million viewers in the US alone.

According to a statement on his website, the new Assange series will explore the "upheavals and revolutions" that are shaking the Middle East and expose how "the deterioration of the rule of law has demonstrated the bankruptcy of once leading political institutions and ideologies" in the West.

Entitled "The World Tomorrow," the show will be filmed by an RT satellite crew at Ellingham Hall, the remote manor house 130 miles north of London. It's the same place Assange has been under house arrest since December 2010 awaiting a Supreme Court decision on his extradition to Sweden to face sexual assault allegations.

There is no word on which "key personalities" Assange will get to interview, but at least one British newspaper, The Guardian, has published its own wish list of people it would like to see go head-to-head with him, including former British Prime Minister Tony Blair, media tycoon Rupert Murdoch, and US Secretary of State Hillary Rodham Clinton.

"Through this series I will explore the possibilities for our future in conversations with those who are shaping it," Assange said in his statement. "Are we heading towards utopia, or dystopia and how we can set our paths? This is an exciting opportunity to discuss the vision of my guests in a new style of show that examines their philosophies and struggles in a deeper and clearer way than has been done before."

The network says the series could reach as many as 600 million viewers worldwide.

The six-year-old Russia Today, which seems far better funded than most media these days, has battled accusations that it is a Kremlin vanity project since its inception.

The station tends to tiptoe gingerly around the controversies of Russian politics, but aggressively applies its own slogan ? "Question More" ? in its coverage of Western affairs and particularly the global role of the US.

In 2010 it opened a full-time US TV channel, RT America, which produces independent content on US politics and economics from what it calls an alternative ? critics say anti-American ? point of view.

Hiring Assange would seem a perfect fit for RT. Worries that WikiLeaks might dump a lot of embarrassing material about the Russian government into Internet?never panned out.

However, the thousands of US diplomatic cables that it did release proved to be the gift-that-keeps-on-giving for critics and rivals of Washington, including the Kremlin.

"We liked a lot of the WikiLeaks revelations. It was very much in sync with what Russia Today has been reporting about the Arab Spring, and about the duplicitous policies of the US and its allies all along," says Peter Lavelle, a senior journalist with RT and host of its Cross Talk public affairs program.

"I think the Russian government will be pleased [to see Assange working on RT]. It's a soft power coup for Russia," he adds.

Source: http://rss.csmonitor.com/~r/csmonitor/globalnews/~3/21wwMxBsmjQ/Russia-gives-WikiLeaks-Julian-Assange-a-TV-platform

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Why Amazon's Tablet Business Is Nowhere Near As Good As ...

Amazon just disappointed Wall Street with a big revenue miss in the last quarter of 2011.

But more interesting story comes when you contrast how Amazon is talking (or not talking) about the Kindle Fire, versus how Apple talks about the iPad.

Amazon gave no sales stats for the Kindle or Kindle Fire, saying only that sales of the entire Kindle line was up 177%.

But overall expenses were up $4.7 billion from last year's quarter -- that's more than revenue, which grew $4.5 billion.

Amazon doesn't break out expenses or revenue by product line (Kindle hardware sales are lumped in with the broad Electronics and General Merchandise category), but if Amazon is really losing at least $5 per Kindle Fire sold, it makes sense that expenses are going up faster than revenue.

As a result, net income dropped 58% from last year, to $177 million.

Contrast that with Apple: in its Q4, the company sold 15.4 million iPads. Apple doesn't break out profit by product line either, but it showed a huge overall profit of $13.06 billion -- the fourth largest quarterly profit for any company, ever (the top three are all oil companies).

But that's exactly the plan.

Amazon is not a hardware company. It never expected to make money on the Kindle Fire. The whole idea is to seed the world with these tablets which are primed for shopping and consuming media -- all sold by Amazon.

The value of a Kindle Fire isn't in the profit margin. It's in the lifetime value of each customer captured.

Investors who buy Amazon stock are betting that lifetime value will be way more than the $5 or so that Amazon is losing on each sale now.

Source: http://www.businessinsider.com/why-amazons-tablet-business-is-nowhere-near-as-good-as-apples-yet-2012-1

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Big Pharma donates drugs for neglected diseases (Reuters)

LONDON (Reuters) ? The world's major pharmaceutical companies joined forces with governments and leading global health organizations Monday to donate drugs and scientific know-how to help control or wipe out 10 neglected tropical diseases by 2020.

Drugmakers have been criticized in the past for not doing enough to fight diseases of the poor as they concentrate instead on conditions more prevalent in rich nations, such as high cholesterol.

But in the largest coordinated effort yet to fight diseases such as Guinea worm disease, leprosy and sleeping sickness, the group promised to give away 14 billion doses of medicines by the end of this decade.

They will also share expertise and drug discovery work to invent new medicines for neglected tropical diseases (NTDs) that as yet have no treatments.

The AIDS pandemic forced drugmakers in the past decade to pay more attention to the developing world, and a new focus on the economic potential of emerging markets has provided an incentive to promote their brands in poorer countries.

In a project expected to affect the lives of a billion people worldwide, the partnership pledged more than $785 million to support NTD research and development (R&D) and strengthen drug distribution and treatment programs.

World Health Organization (WHO) director general Margaret Chan, who announced the deal in London, said it "changes the face" of NTDs -- illnesses that needlessly disable, blind and kill millions of the world's poorest people.

"These ancient diseases are now being brought to their knees with stunning speed," she told an audience at the Royal College of Physicians in the British capital.

"With the boost to this momentum being made today, I am confident almost all of these diseases can be eliminated or controlled by the end of this decade."

NTDs disproportionally affect people in the poorest countries of the world. Experts estimate more than a billion people are affected by them, including more than 500 million children.

"Maybe as the decade goes on people will be wondering whether we should still call these diseases 'neglected'," said Microsoft chairman and philanthropist Bill Gates.

The WHO's first global report on neglected tropical diseases in 2010 said that while they cost billions of dollars in lost productivity, they are often ignored because they affect mainly poor people and do not offer a profitable market for drugmakers.

NTDs include illnesses such as sleeping sickness, which is transmitted through tsetse fly bites and threatens millions of people in Africa, and Chagas disease, a debilitating condition caused by a parasite transmitted in infected feces of blood-sucking bugs. An estimated 10 million people are infected with Chagas, mostly in Latin America where the disease is endemic.

"HORRIFIC"

Speaking for chief executives of the drug firms involved in the partnership, Andrew Witty, GlaxoSmithKline's CEO described the impact of the diseases as "horrific" and said he hoped the scale of this new cooperation would beat them.

"No one company or organization can do it alone," he said. "It's great to have this commitment, and it's even better to have a deadline."

Adding the new pledges to existing individual commitments, 13 drug companies including Pfizer, Merck, Johnson & Johnson, Sanofi, GlaxoSmithKline, Novartis and others will donate an average of 1.4 billion treatments a year to people suffering from NTDs.

The International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) said new R&D collaborations and deals with drugmakers and the Drugs for Neglected Diseases initiative (DNDi) would also give "unprecedented" access to libraries of chemical compounds that may lead to new treatments.

Extra funding for the project came from Britain, the United States and United Arab Emirates, the Gates Foundation and the Children's Investment Fund Foundation. The World Bank agreed to extend financing to help African countries build health systems better able to integrate NTD elimination and control.

Gates, whose foundation announced a five-year, $363 million commitment to support NTD product and operational research, said the collaboration would help millions of people build self-sufficiency and overcome the need for aid and serve as a model for tackling future global development challenges.

(Reporting by Kate Kelland, editing by Ben Hirschler and Philippa Fletcher)

Source: http://us.rd.yahoo.com/dailynews/rss/meds/*http%3A//news.yahoo.com/s/nm/20120130/hl_nm/us_diseases_neglected_pharma

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