Sweden cuts main interest rate to 1 percent






STOCKHOLM (AP) — Sweden‘s central bank has cut its key interest rate by a quarter of a percentage point to 1 percent as inflationary pressures remain benign and problems in Europe weigh on the Scandinavian country’s economy.


Tuesday’s decision was widely expected.






The Riksbank also says that its main interest rate will likely “remain at this low level for the coming year” due to the economic slowdown, rising unemployment and subdued inflation.


By the end of 2013, it expects inflation to start edging up as the global economic recovery gathers steam, partly on the back of recent measures taken by the 17 EU countries that use the euro to get a grip on their 3-year debt crisis.


The Riksbank says the weaker European economy has so far had “a clear effect” on Sweden.


Economy News Headlines – Yahoo! News





Title Post: Sweden cuts main interest rate to 1 percent
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Iran media: Son of ex-president released on bail






TEHRAN, Iran (AP) — Iranian media say the son of influential former President Akbar Hashemi Rafsanjani has been released on bail.


Several papers, including the pro-reform Etemad daily, say Mahdi Hashemi was released late Sunday and immediately went to his father’s home.






Authorities arrested the younger Hashemi in late September, a day after he returned to Iran from Britain.


He is held on charges of fomenting unrest in the aftermath of Iran’s disputed 2009 presidential election that brought President Mahmoud Ahmadinejad a second term in office. Hashemi also faced corruption charges.


His arrest came days after his sister, Faezeh, was taken into custody to serve a six-month sentence on charges of making propaganda against Iran’s ruling system.


Since Rafsanjani backed Ahmadinejad’s reformist challenger in 2009, his family has come under pressure from hardliners.


Middle East News Headlines – Yahoo! News





Title Post: Iran media: Son of ex-president released on bail
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Auction of Greta Garbo’s dresses, caps fetches $1.6 million






LOS ANGELES (Reuters) – A two-day sale of clothing, jewelry and other memorabilia belonging to reclusive movie star Greta Garbo fetched $ 1.6 million, more than three times the original estimate, according to Julien’s Auctions.


Garbo’s Louis Vuitton streamer trunk, which sold for $ 37,500, was among the top sellers in the auction of 800 items which began on Friday, along with three leather driving caps she wore in a 1924 car advertisement that fetched $ 15,000.






A U.S. passport issued to her in 1964, which carried an estimate of $ 3,000-$ 5,000, also sold for $ 15,000, and a 1930s black velvet evening dress that had an estimated value of $ 1,200 went to the highest bidder for $ 13,750.


“Greta Garbo commanded Marilyn Monroe prices,” Martin Nolan, the executive director of the Beverly Hills auction house, said in a statement. “Her beauty, extraordinary screen presence and fashion trending style were proven to be timeless.”


Garbo, one of Hollywood’s greatest stars and beauties, died in New York in 1990 at the age of 84. She retired from film and public life decades earlier in 1941.


All of the items in the sale, including a platform bed she designed with antique Swedish carvings, photos, luggage and documents, had been kept in storage before her family decided to sell them in the auction that was announced in August.


Garbo started her Hollywood career in silent movies such as 1927′s “Flesh and the Devil” and was among the few actors to successfully transition to talkies, becoming iconic not only for her beauty, but for her brains and the streak of independence she displayed on film and in her personal life.


The Swedish actress earned four Academy Award nominations, her first for 1929′s “Anna Christie,” and was finally given an honorary award for unforgettable performances by the Academy of Motion Picture Arts and Sciences in 1954.


(Reporting by Patricia Reaney and Jill Serjeant; Editing by Mohammad Zargham)


Movies News Headlines – Yahoo! News





Title Post: Auction of Greta Garbo’s dresses, caps fetches $1.6 million
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Keep thimerosal in vaccines: pediatricians






NEW YORK (Reuters Health) – A mercury-containing preservative should not be banned as an ingredient in vaccines, U.S. pediatricians said Monday, in a move that may be controversial.


In its statement, the American Academy of Pediatrics (AAP) endorsed calls from a World Health Organization (WHO) committee that the preservative, thimerosal, not be considered a hazardous source of mercury that could be banned by the United Nations.






Back in 1999, a concern that kids receiving multiple shots containing thimerosal might get too much mercury – and develop autism or other neurodevelopmental problems as a result – led the AAP to call for its removal, despite the lack of hard evidence at the time.


“It was absolutely a matter of precaution because of the absence of more information,” said Dr. Louis Cooper, from Columbia University in New York, who was on the organization’s board of directors at the time.


“Subsequently an awful lot of effort has been put into trying to sort out whether thimerosal causes any harm to kids, and the bottom line is basically, it doesn’t look as if it does,” Cooper, who wrote a commentary published with the AAP’s statement, told Reuters Health.


In a 2004 safety review, for example, the independent U.S. Institute of Medicine concluded there was no evidence thimerosal-containing vaccines could cause autism. A study from the Centers for Disease Control and Prevention came to the same conclusion in 2010.


With the exception of some types of flu shots, the compound is not used in vaccines in the United States, which are distributed in single-dose vials.


And nobody is arguing that should change, according to Dr. Walter Orenstein, a member of the AAP Committee on Infectious Diseases and a researcher at the Emory Vaccine Center in Atlanta.


But in countries with fewer resources – where many children still die of vaccine-preventable diseases – it’s cheaper and easier to use multi-dose vials of vaccines against diphtheria and tetanus, for example.


Thimerosal prevents the rest of a multi-dose vial from getting contaminated with bacteria or fungi each time a dose is used.


Researchers estimated it could cost anywhere from two to five times as much to manufacture vaccines for developing countries without thimerosal, and both transporting vaccines and keeping them refrigerated would be much harder as well.


“If we had to take the thimerosal out of those multi-dose vials, we’re having a hard time completing the task of getting every kid immunized now, that would add a tremendous burden,” Cooper said – and more children would probably die as a result.


“Children who can now be protected from these life-threatening diseases could become vulnerable,” Orenstein told Reuters Health.


The new statement is published in the AAP’s journal Pediatrics.


Thimerosal contains a type of mercury called ethyl mercury. Toxic effects have been tied to its cousin, methyl mercury, which stays in the body for much longer.


Earlier this year, the WHO said replacing thimerosal with an alternative preservative could affect vaccine safety and might cause some vaccines to become unavailable.


Mercury, however, is still on the list of global health hazards to be banned in a draft treaty from the United Nations Environment Program – which would mean a ban on thimerosal.


Reducing mercury exposure “is a wonderful thing,” Orenstein said.


However, “We need this exception because thimerosal is so vital for protecting children.”


He said keeping thimerosal in vaccines is essential mostly for humanitarian reasons – although preventing childhood diseases in the developing world could also help the U.S. because other countries can serve as reservoirs for illness.


“For American parents, this is more looking at the world and our role and responsibility in protecting the children of the world than it is a direct impact,” Orenstein said.


SOURCE: http://bit.ly/cxXOG Pediatrics, online December 17, 2012.


Health News Headlines – Yahoo! News





Title Post: Keep thimerosal in vaccines: pediatricians
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

After landslide, Abe says Japan has difficult road






TOKYO (AP) — After leading his conservative party to a landslide victory that will bring it back to power after a three-year hiatus, Shinzo Abe stressed Monday that the road ahead will not be easy as he tries to revive Japan‘s sputtering economy and bolster its national security amid deteriorating relations with China.


The Liberal Democratic Party, which led Japan for most of the post-World War II era until it was dumped in 2009, won 294 seats in the 480-seat lower house of parliament in Sunday’s nationwide elections, the party said.






With the elections over, a vote among the members of parliament to install the new prime minister is expected on Dec. 26. Abe, who was prime minister for a year in 2006-2007, is almost certain of winning that vote because the LDP now holds the majority in the lower house.


Abe, who would be Japan’s seventh prime minister in 6 1/2 years, will likely push for increased public works spending and lobby for stronger moves by the central bank to break Japan out of its deflationary trap.


Stock prices soared Monday to their highest level since April, reflecting hopes in the business world that the LDP will be more effective in its economic policies than the outgoing Democrats were.


Abe told a packed news conference Monday that Japan is facing a series of crises — from the weak economy to security issues to reconstruction after the tsunami disaster.


“Our mission is to overcome these crises,” he said.


He said his party’s victory was less a vote of confidence from voters and more a repudiation of the “mistaken leadership” of the Democrats.


“The public will be scrutinizing us.”


He said he would like to meet with President Barack Obama in late January or early February to strengthen the Japan-U.S. alliance.


Chinese bloggers, meanwhile, reacted with scorn to the LDP’s victory, with many concentrating their fire on Abe, a China hawk. Chinese micro-blog sites Monday were full of anti-Abe comments, with some calling for a boycott of Japanese goods.


The countries are embroiled in a territorial dispute over a cluster of uninhabited islands in the East China Sea controlled by Japan but also claimed by China and Taiwan. During the two-week campaign leading up to the election, Abe took a rather tough line toward China, promising to defend Japan’s “territory and beautiful ocean.”


On Monday, Abe called for improved ties with Beijing while stressing the islands are an integral part of Japan’s territory and that there was “no room for talks” over their sovereignty.


“As with many cases, issues arise with countries that share borders, and what is important is how each nation keeps these issues under control. I feel we need wisdom so that the political issues or problems do not extend to economic problems,” he said.


“Although we are not in a situation where I can immediately visit China or have bilateral talks, first and foremost, we will persistently continue with our dialogue with China and hope to improve relations between the two countries,” he said.


Outgoing Prime Minister Yoshihiko Noda announced his resignation as party chief late Sunday, calling the election results “severe” and acknowledging his party failed to live up to the nation’s high expectations.


His Democratic Party of Japan said it won only 57 seats. Among its casualties were eight Cabinet ministers — the most to lose in an election since World War II.


Although the election was the first since the March 11, 2011, earthquake, tsunami and nuclear disasters, atomic energy — which the LDP conditionally supports — ended up being a side issue, though polls showed that about 80 percent of Japanese want to phase it out completely.


The LDP will stick with its longtime partner New Komeito, backed by a large Buddhist organization, to form a coalition government, party officials said. Together, they now control 325 seats, securing a two-thirds majority that would make it easier for the government to pass legislation.


A dizzying array of more than 12 parties, including several news ones, contested in the election, some with vague policy goals.


The most significant new force is the right-leaning, populist Japan Restoration Party, which won 54 seats.


The party is led by the bombastic nationalist former Tokyo Gov. Shintaro Ishihara and lawyer-turned Osaka Mayor Toru Hashimoto — polarizing figures with forceful leadership styles. Ishihara is another hawk on China, having stirred up the latest dispute with Beijing by proposing Tokyo buy the islands from their private Japanese owners and develop them.


The anti-nuclear Tomorrow Party — formed just three weeks ago — captured only nine seats. Party head Yukiko Kada said she was very disappointed to see the LDP, the original promoter of Japan’s nuclear energy policy, make such a big comeback.


Economy News Headlines – Yahoo! News





Title Post: After landslide, Abe says Japan has difficult road
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Nigeria governor, 5 others die in helicopter crash






LAGOS, Nigeria (AP) — A navy helicopter crashed Saturday in the country’s oil-rich southern delta, killing a state governor and five other people, in the latest air disaster to hit Africa’s most populous nation, officials said.


Nigeria‘s ruling party said in a statement that the governor of the central Nigerian state of Kaduna, Patrick Yakowa, died in the helicopter crash in Bayelsa state in the Niger Delta. The People’s Democratic Party’s statement described Yakowa’s death as a “colossal loss.”






The statement said the former national security adviser, General Andrew Azazi, also died in the crash. Azazi was fired in June amid growing sectarian violence in Nigeria, but maintained close ties with the government.


Yushau Shuaib, a spokesman for Nigeria’s National Emergency Management Agency, said four other bodies had been found, but he could not immediately give their identities.


The crash occurred at about 3:30 p.m. after the navy helicopter took off from the village of Okoroba in Bayelsa state where officials had gathered to attend the burial of the father of a presidential aide, said Commodore Kabir Aliyu. He said that the helicopter was headed for Nigeria’s oil capital of Port Harcourt when it crashed in the Nembe area of Bayelsa state.


Aviation disasters remain common in Nigeria, despite efforts in recent years to improve air safety.


In October, a plane made a crash landing in central Nigeria. A state governor and five others sustained injuries but survived.


In June, a Dana Air MD-83 passenger plane crashed into a neighborhood in the commercial capital of Lagos, killing 153 people onboard and at least 10 people on the ground. It was Nigeria’s worst air crash in nearly two decades.


In March, a police helicopter carrying a high-ranking police official crashed in the central Nigerian city of Jos, killing four people.


Africa News Headlines – Yahoo! News


Read More..

Tumblr Users Flock to Mashable Comment Thread






Tumblr Is Down


When Tumblr went down Wednesday evening, users flocked to Mashable to express their rage and disbelief.


Click here to view this gallery.






[More from Mashable: Mysterious Package Addressed to Indiana Jones Arrives at UChicago]


Where were you the day that Tumblr went down? Whether you were at home, at work or on the move, it’s possible that you somehow ended up on Mashable. That was the case for thousands of Tumblr users, who, desperate for their GIF fix after a Tumblr outage on Wednesday, found themselves commenting on a Mashable story about the glitch.


Frustrated Tumblr frequenters left without a blogging platform transformed the comment thread on Mashable’s story into a makeshift Tumblr dashboard. Users gathered to commiserate, voice their anger and post GIFs to express their feelings. The micro-community that sprung up in the post made these the top comments on Mashable this week.


[More from Mashable: The Top Comments on Mashable This Week]


We recently renovated our commenting system to allow readers to embed video and images, a feature Wednesday’s commenters took full advantage of. By the time Tumblr was again functional, the story had accrued over 4,000 comments. Users traded domain names, discussed their blogs and, above all, bemoaned a lack of access to the site. YouTube user moviepimpdj posted a video of the rapidly moving comment thread.


This week we also saw major changes to Facebook’s privacy settings, with our readers feeling mixed emotions about the shift. The community mused on what 2013 might hold with respect to responsive design.


What were your favorite comments from the Mashable community this week? Get involved with the discussion by signing up for Mashable Follow. You could see your voice in our next weekly roundup!


Image courtesy of Flickr, kurichan+


This story originally published on Mashable here.


Tech News Headlines – Yahoo! News


Read More..

Greta Garbo’s dresses, caps fetch high prices at auction






LOS ANGELES (Reuters) – An auction of film legend Greta Garbo‘s belongings got off to a roaring start on Friday, with her clothing, jewelry and other memorabilia fetching more than ten times pre-sale estimates in many cases.


Bidding was brisk and high as more than 800 items belonging to the reclusive Swedish actress, including the bed she slept in, went up for sale over two days at Julien’s Auctions in Beverly Hills.






A 1930s black velvet evening dress with an estimated value of about $ 1,200 sold on Friday for $ 13,750. The winning bid for three leather driving caps worn by Garbo in a 1924 car advertisement was $ 15,000, compared with an estimate of $ 200.


Her U.S. passport issued in 1964, which carried an estimate of $ 3,000-$ 5,000, fetched $ 15,000.


All the items come from the estate of Greta Garbo, who died in 1990 in New York at the age of 84 after retiring from movies and public life in 1941.


Her great-nephew Derek Reisfield told Reuters when the auction was announced in August that the family had kept her belongings in storage before deciding to sell them.


The collection includes vintage and designer dresses, shoes, furniture and photos from Garbo’s Hollywood heyday, as well as the platform bed she designed using antique Swedish carvings to reflect her Scandinavian heritage. The bed, due to be sold later in the auction, carries an estimate of $ 800-$ 1,200.


Among other early items sold on Friday was a single page Swedish summary bank statement from 1956 that fetched $ 1,125, a Swedish military jacket ($ 4,062), and a 1960s silk brocade evening coat ($ 12,800).


The buyers for the various items were not immediately known.


Garbo started her Hollywood career in silent movies such as 1927′s “Flesh and the Devil” and was among the few actors to successfully transition to talkies, becoming iconic not only for her beauty, but for her brains and the streak of independence she displayed on film and in her personal life.


She earned four Academy Award nominations, her first for 1929′s “Anna Christie,” and was finally given an honorary award for unforgettable performances by the Academy of Motion Picture Arts and Sciences in 1954.


(Reporting by Jill Serjeant; Editing by Leslie Gevirtz)


Movies News Headlines – Yahoo! News


Read More..

Child deaths and bitter cold in Syrian refugee camps






ZAATARI, Jordan (Reuters) – One-year-old Ali Ghazawi, born with a heart defect, faced a battle for survival even before his family fled Syria‘s civil war. It was a struggle he lost two weeks ago in the bitter winter cold of a tented refugee camp in north Jordan.


Ali died two days after undergoing a heart operation in Zaatari camp, which houses at least 32,000 refugees who escaped fierce bombardment in Syria’s rebellious southern province of Deraa, cradle of the uprising against President Bashar al-Assad.






“I covered my son with two blankets, but he was not warming up, and he turned blue before he passed away in my hands,” said his sobbing 22-year-old mother, alone with a three-year-old daughter after she left her husband in Deraa and crossed the border in November.


Ali was the fourth baby to die in three weeks in the windswept camp. United Nations aid workers say none of the deaths were the direct result of conditions in Zaatari, yet they highlight the challenge facing relief agencies scrambling to provide basic shelter for half a million refugees in the region.


“These deaths are a result of cumulative factors, some related to shortage in needs and natural causes. But on top of that, the reality that conditions are harsh cannot be ignored,” said Saba Mobaslat, program director at Save the Children.


Jordan, Lebanon and Turkey each host more than 130,000 registered refugees, and relief workers predict the numbers will only increase as violence escalates around the capital Damascus.


Mirroring Syria’s youthful population, almost 65 percent of Jordan’s camp residents are newborns and young children.


“Every night we are getting children as young as four days old, six days old, one week, two weeks old, and it’s a real struggle to try to make sure that everyone survives,” said Andrew Harper, Jordan head of the United Nations High Commissioner for Refugees (UNHCR).


“Women are giving birth on the border, and people are coming across pregnant. It’s a situation where we just need to redouble efforts, particularly as we move into winter, because you have hundreds of pregnant women who cross the border,” Harper said.


Families often send the most vulnerable to safety, he added, so alongside the very young in Zaatari are many older refugees. “Last night we had a couple who were 97 years old,” he said.


“CHILDREN’S CAMP”


Along the main road in the middle of the camp’s muddy and gravel streets, children of all ages race around the makeshift market place that sprang up after the camp opened in July.


Many families join in, out of enterprise or necessity, selling everything from hot falafel to household goods, old clothing and fresh vegetables.


“It’s a children’s camp. You walk into it and there are children everywhere. It’s in your face. The male adults are staying behind, and a woman comes with 10 children without her bread earner,” Mobaslat added.


In one of several UNICEF-run playgrounds, among seesaws, swings and volunteers giving music lessons, the scars of war are fresh in the minds of most children.


“I long for my home, and I hope Bashar falls to get back to my home. It’s much better than here, where we are humiliated,” said Mohammad Ghazawi, 12, who came to play after a break from selling cheap cigarettes.


Their elders complain that two thin blankets per refugee distributed in recent weeks were not enough to warm them in tents that let in rain water despite zinc reinforcements and waterproof layers that have helped insulate them.


“Kids are dying from cold and lack of blankets. My kids shiver at night, and one has constant diarrhea,” said Mohammad Samara, 46, who fled heavy shelling in the southern Syrian town of Busr al-Sham in October with his wife and four children.


Carsten Hansen, country director for the Norwegian Refugee Council (NRC), which has set up a heated tent that receives families on arrival, says much progress has been made to help distribute aid.


“Everybody is trying to mobilize resources … in order to react to bigger numbers and a huge influx,” Hansen said, adding that 6,000 gas heaters had been airlifted to Jordan to help heat the tent camp.


FROM CRISIS TO DISASTER?


Harper said UNHCR was working to prevent “this humanitarian crisis becoming a major disaster”. But he said that while aid teams were racing to improve conditions at Zaatari, there were 100,000 other registered refugees living outside the camp and probably another 100,000 unregistered, whose living conditions were not improving.


In Lebanon, too, host to 154,000 refugees, many face a bleak winter, and aid workers expect their numbers to more than double by the middle of next year.


In the Bekaa Valley town of Bar Elias, a woman from the northern Syria province of Idlib says her home for the last year has been a wooden shack with only plastic sheeting to protect from the rain. Plastic bags are stuffed into the roof as extra insurance against leaks. “There is no water, no electricity, no school for my kids,” she said in a croaky voice.


“My husband is sick. The situation is very bad.”


Mads Almaas, NRC country director in Lebanon, said many more may flee Syria over the winter to escape worsening conditions there, putting even greater strain on relief efforts.


“The violence will not only continue but also get worse. And even in the increasingly likely event of the fall of Assad, we don’t think the violence will end,” he said.


Almaas said the United Nations would launch a regional response plan on Wednesday anticipating a total of 300,000 registered refugees in Lebanon by mid-2013. “At first we thought it was too high. Now we are concerned it is too low,” he said.


In Turkey, which hosts 136,000 refugees, camps for the most part have facilities such as portable electric heaters, and refugees receive three hot meals a day from the Red Crescent. But temperatures can plunge below freezing in the rugged terrain along the 900 kilometer (560 mile) border with Syria during the winter months, and rain can be torrential and cause flooding.


Overcrowding remains a concern, with extended families cramped in single tents and ever more refugees arriving as fighting across the border drags on.


Across the region, aid workers fear an explosion in violence could leave them seriously overstretched.


“Right now funds are sufficient. What is a challenge is if we get any shocks, something like 5,000-10,000 refugees arriving (in Lebanon) in a matter of hours,” Almaas said.


If fighting swept through the center of Damascus, thousands of Syrians could flee to the Lebanese border in a matter of hours. “For that, we are not prepared as the NRC. I also question the international community’s capacity.”


(Additional reporting by Oliver Holmes in Beirut and Nick Tattersall in Ankara; Editing by Dominic Evans and Will Waterman)


Health News Headlines – Yahoo! News


Read More..

Greek economy may start to grow in 2014, minister says






ATHENS (Reuters) – Greece’s economy, expected to slump for a sixth straight year in 2013, may begin to recover in 2014, the country’s finance minister said on Saturday.


“I believe that after the second half of 2013 we will be able to see growth, with positive rates of change in GDP on a quarterly basis or month-by-month,” Finance Minister Yannis Stournaras told Imerisia newspaper on Saturday.






Wage cuts and tax increases will keep the economy in a sixth consecutive year recession in 2013, with national output projected to shrink by 4.5 percent, based on official estimates.


The economy has contracted by a cumulative 24 percent since 2008, according to the country’s central bank.


“Whatever positive we achieve henceforth will be like rain falling in the desert, given that the country will be waking up from a recession of unprecedented duration,” Stournaras said.


In a separate speech to a medical conference, Stournaras said Greece would use 16 billion euros to recapitalize banks next week, and another 7.2 billion in the first quarter, after international lenders said they would resume aid payments on Thursday.


Euro zone partners and the International Monetary Fund agreed to unlock 49.1 billion euros in aid by the end of March. The decision to release the long-delayed installment came after Athens passed austerity measures and completed a debt buyback.


Greek banks will get the capital injection from the Hellenic Financial Stability Fund (HFSF), which has already provided 18.5 billion euros to the country’s four biggest lenders.


“Banks will be able to boost their portfolios with new, strong bonds from the EFSF (European Financial Stability Facility), without accessing the (central bank‘s) ELA (emergency liquidity assistance) mechanism,” Stournaras told the conference.


Athens is aiming at a primary budget surplus next year.


(Reporting by George Georgiopoulos; editing by Jason Webb)


Economy News Headlines – Yahoo! News


Read More..