Friday, June 28, 2013

The Daily Roundup for 06.27.2013

You might say the day is never really done in consumer technology news. Your workday, however, hopefully draws to a close at some point. This is the Daily Roundup on Engadget, a quick peek back at the top headlines for the past 24 hours -- all handpicked by the editors here at the site. Click on through the break, and enjoy.

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/Lw4GPTqNFXQ/

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Thursday, June 20, 2013

Oil falls most since November on Fed comments

NEW YORK (AP) ? Oil was swept up in the broad sell-off in stocks and bonds Thursday, as a combination of weak Chinese manufacturing data and the Federal's Reserve's shifting stance on economic stimulus rattled energy markets.

Oil had its biggest one-day price drop since November. U.S. benchmark oil for July delivery sank $2.84, or 2.9 percent, to finish at $95.40 a barrel in New York. Gasoline futures fell more than 3 percent.

On Wednesday Fed chairman Ben Bernanke suggested that he was optimistic about the U.S. economy ? and that the Fed might start scaling back its massive $85 billion-a-month bond-buying program this year if conditions continue to improve. The Fed could end the program by the middle of next year, Bernanke said.

The Fed program has kept borrowing costs near historic lows for consumers and business. It has also helped boost the equities and energy markets.

Stocks and bonds sold off immediately after Bernanke's comments. Oil didn't react much because Bernanke spoke just as U.S. energy markets closed Wednesday.

Lower stocks and a stronger dollar put pressure on oil prices. Once trading opened in Asia Thursday oil fell sharply, in tandem with Asian stock markets. Bernanke's comments also gave a boost to the dollar. Oil traders look to the stock market as a measure of confidence in the U.S. economy, while a strong dollar makes oil more expensive for holders of other currencies.

The Dow Jones industrial average fell 354 points, or 2.3 percent, Thursday to close at 14,758. Shares of Exxon Mobil Corp. and Chevron Corp., both Dow components, fell by more than 2 percent. The euro slipped to $1.3197 from $1.3274 in New York a day earlier. The yield on the benchmark 10-year note rose to its highest level since August 2011.

Also weighing on oil prices was a survey showing a slowdown in manufacturing in China. HSBC's preliminary purchasing managers' index fell to a nine-month low of 48.3 in June, down from 49.6 in May. Numbers below 50 indicate a contraction.

With mature economies like Europe and the U.S. struggling to expand at a steady pace, China and emerging markets have accounted for most of the growth in oil demand over the past several years.

"A weakening in Chinese industrial activity could easily translate to a reduced flow of products exports out of the US Gulf," said Jim Ritterbusch, president of energy consultancy Ritterbusch and Associates, in a daily report.

Still, Ritterbusch and most others don't expect a free-fall in the price of oil. He said fears of an escalation of the civil war in Syria should support oil around the $94 level.

Brent crude, a benchmark for many international oil varieties, was down $3.97, or 3.7 percent, to end at $102.94 per barrel on the ICE Futures exchange in London.

In other energy futures trading on the Nymex:

? Wholesale gasoline was down 10.5 cents, or 3.6 percent, to finish at $2.79 a gallon.

? Heating oil fell 10 cents, or 3.4 percent, to end at $2.87 per gallon.

? Natural gas retreated by 9 cents, or 2.2 percent, to finish at $3.88 per 1,000 cubic feet.

___

Pablo Gorondi in Budapest and Pamela Sampson in Bangkok contributed to this report.

Source: http://news.yahoo.com/oil-falls-most-since-november-fed-comments-161536781.html

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US calls out China, Russia over human trafficking

WASHINGTON (AP) ? The U.S. accused China and Russia of failing to meet minimum standards in fighting human trafficking, ranking them on a par with North Korea and Syria.

The State Department downgraded China and Russia in rankings on how 188 governments around the world have performed in fighting the flesh trade and other forms of exploitative labor.

Rights activists are welcoming the move, but it could further strain Washington's touchy relations with the two world powers.

The U.S. also downgraded Uzbekistan over its state-sanctioned use of forced labor in the annual cotton harvest.

The rankings are in the department's annual report released Wednesday.

President Barack Obama now has 90 days to determine whether to apply sanctions against China, Russia, Uzbekistan and 18 other governments given a "tier three" ranking ? the lowest the department gives.

The president can block various types of aid, such as arms financing, grants for cultural and educational exchange programs and could withdraw U.S. support for loans from the World Bank and International Monetary Fund.

That appears unlikely in the cases of China, Russia and Uzbekistan, which have strategic importance for Washington.

Obama is looking to cooperate more closely with emerging Asian superpower China after meeting its leader Xi Jinping last week; he already faces growing friction with Russia over its support for the Assad regime in war-wracked Syria; and the Central Asian nation of Uzbekistan is important as a transit point as the U.S. pulls out its military from Afghanistan.

Because of a legislative requirement that came into force this year, the Obama administration had to make a judgment whether to downgrade or upgrade the three nations from a "watch list" they were on for several years.

Three others in the same position ? Azerbaijan, Congo and Iraq ? were promoted to "tier two" for progress made in the past year.

"Modern-day slavery affects every country in the world, including the United States and every government is responsible for dealing with it and no government is yet doing enough," Secretary of State John Kerry said at the launch of the report, which he conceded "pulls no punches."

"This report is tough because this is a tough issue and it demands serious attention and that's precisely what we intend to provide."

Activists commended Kerry for being willing to downgrade powerful nations.

"Frankly, we expected a number of these countries to be upgraded for geopolitical reasons," said David Abramowitz, director of the U.S.-based Alliance to End Slavery and Trafficking. "The Trafficking in Persons report is only effective when it's honest."

John Sifton of Human Rights Watch said it remains to be seen whether the White House will execute sanctions. He urged the administration to do so unless the governments in question commit to fight trafficking.

China responded that it has made "unremitting efforts" that have seen a decrease in human trafficking in the country, and in April its governing State Council issued an plan in accordance with international conventions and Chinese laws, aiming for a long-term solution to the problem.

Geng Shuang, the Chinese Embassy spokesman in Washington, said the U.S. report "disregards our efforts in combating human trafficking and makes irresponsible judgment on other countries' internal policy and practice." He called for the U.S. to foster "a more favorable environment" for international anti-trafficking efforts.

The Russian Embassy did not respond to an email seeking comment.

The State Department also put Malaysia and Thailand, a U.S. treaty ally, on notice that they would be downgraded next year to tier three unless they improve anti-trafficking efforts. Abramowitz said it showed that those Southeast Asian nations can't count on their political relationship with the U.S. to avoid censure.

Luis CdeBaca, U.S. ambassador-at-large for human trafficking issues, voiced concern over Thai authorities' treatment of Myanmar migrants, including minority Muslims fleeing a wave of sectarian violence at home. He also referred to "very grave" problems with Malaysia's treatment of trafficking victims, who are held in prison-camp type conditions before deportation.

The Trafficking in Persons report is one of several annual assessments issued by the State Department on human rights-related topics, but it's unusual in that it ranks nations, which can ruffle diplomatic feathers. It is based on the actions governments take, rather than the scale of the problem in their country.

The United States is also scrutinized in the report. It is among 30 countries on "tier one" ? judged to meet minimum standards of combating human trafficking.

According to CdeBaca, the report is intended to prod governments to act and strengthen the hand of civil society organizations in fighting trafficking and forced labor. He said the U.S. seeks to help nations improve their ranking through technical assistance and law enforcement cooperation.

The report criticized China's government for perpetuating trafficking through its use of forced labor in more than 300 state-run prison camps, and its forcible deportation of North Korean trafficking victims, who may face the death penalty on their return home. Girls from Tibet are reportedly trafficked to other parts of China for domestic servitude and forced marriage, it said.

Republican Rep. Chris Smith, an arch critic of Beijing and an author of anti-trafficking legislation, welcomed China's downgrade as recognition that it "has become the sex and labor trafficking capital of the world."

CdeBaca was more conciliatory. He acknowledged China's recent national action plan to combat trafficking, and noted reports China plans to end the practice of re-education through labor. He indicated that if those plans lead to results, it would count in China's favor in next year's report.

On Russia, he said the main concern was authorities' failure to provide care for victims of human trafficking.

An estimated one million people in the country are exposed to "exploitative" labor conditions, including migrants from Europe, Central Asia, and Asia, according to the report. Among them are between 10,000 and 15,000 North Korean workers employed at logging camps in Russia's far east, under an arrangement between the two governments. The workers reportedly have only two days of rest per year and face punishments if they fail to meet production targets.

There are now 25 nations sitting on the department's watch list that could be downgraded to tier three next year. That relegation can be waived for two years, if governments demonstrate they have a plan to address human trafficking and commit resources to implement it.

Of the 25, six countries ? Thailand, Malaysia, Afghanistan, Barbados, Chad and the Maldives ? are entering their second year of being waived. Each faces an automatic downgrade in 2014 unless they demonstrate progress.

Source: http://news.yahoo.com/us-calls-china-russia-over-human-trafficking-201931607.html

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New details about H7N9 influenza infections that suddenly appeared in China

June 19, 2013 ? Researchers with the Network Dynamics and Simulation Science Laboratory at the Virginia Bioinformatics Institute have revealed new information about the latest strain of type A influenza, known as H7N9, in a report in the journal PLOS Currents: Outbreaks.

Since June 7, 132 confirmed cases of human infection with H7N9 have been reported in China and 37 people have died, according to the World Health Organization. It is the first time human infection with the avian influenza H7N9 subtype has been detected, and researchers fear that this strain may have pandemic potential.

The possibility of an animal source of the infection is being investigated, as is the possibility of person-to-person transmission.

However, most people who contracted the disease reported having contact with live birds in a bird market prior to infection. Researchers at the Network Dynamics and Simulation Science Laboratory found that younger women generally have the most contact with poultry, but it is older men who are experiencing the most infections.

The findings suggest that there is something unique about older men that makes them particularly susceptible to H7N9. Their greater risk of infection is not just because they tend to spend more time exposed to an avian source.

Researchers quickly compiled the data using a variety of available sources to discover risk factors, which could aid in containing the spread of H7N9.

"Normally we have to wait for epidemiologists to collect new data in the early days if an outbreak. We were able to combine data from existing sources in an innovative way to rapidly learn about H7N9 risk factors," said Caitlin Rivers of Plainfield, N.H., a graduate student majoring in genetics, bioinformatics, and computational biology and research assistant at the Network Dynamics and Simulation Science Laboratory.

To contain the spread of this strain of influenza, some Chinese live bird markets have been closed. It may help, but still does not explain the high infection rate of older men. Further studies are required to understand what other factors may be involved in transmission to help contain H7N9's spread.

"In keeping with a commitment to open science, the raw data and calculations are available publicly. We invite others to use and expand upon this work," said Bryan Lewis, a public health policy analyst with the Virginia Bioinformatics Institute.

This work has been partially supported by NIH MIDAS Grant 2U01GM070694-09 and NIH MIDAS Grant 3U01FM070694-09S1.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_health/~3/Ey3CqK6WrJI/130619164847.htm

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Tuesday, April 16, 2013

Ruth and Female Bodyspace Model Search Finalists At 2010 Fit Expo

Videos | April 15, 2013 11:55 am

Hundreds of fitness enthusiasts attended the 2013 Health and Fitness Expo at Graves Fitness Center Jan. 17 to learn about Fort Belvoir?s wide range of exercise programs, participate in aerobics workouts with certified instructors and visit with several workout program and equipment vendors from the local area.
The event, sponsored by the Fort Belvoir Directorate of Family and Morale, Welfare and Recreation Sports and Fitness, aimed to promote healthy physical activity and proper nutritional habits to everyone who lives, works and plays on the installation.
?This is intended to bring together a lot of fitness sources to celebrate health,? said Debra Taylor, Fort Belvoir DFMWR marketing director. ?Everybody is trying to get healthy in January so we thought this would be a good time to help people push to do that.

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Source: http://stek.org/videos/ruth-and-female-bodyspace-model-search-finalists-at-2010-fit-expo/

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'Not a death in vain': Kerry to meet parents of US diplomat killed by Afghan car bomb

Smedinghoff family via Reuters

Anne Smedinghoff, a 25-year-old diplomat from River Forest, Illinois, was killed along with four other Americans in a car bomb blast in Afghanistan on April 6.

By Andrea Mitchell and Ian Johnston, NBC News

Secretary of State John Kerry was due on Monday to meet the parents of Anne Smedinghoff, the American diplomat killed in a car bombing in Afghanistan earlier this month.

Kerry was scheduled to meet them in Chicago after flying back from Japan following a six-nation tour in Asia dominated by the North Korean crisis.

Smedinghoff, 25, was on her way to deliver books to a school in Qalat, Zabul province, when she and four other Americans were killed by a car bomb on April 6. An American civilian was also killed in a separate attack on the same day.

Anne Smedinghoff, 25, was killed Saturday when a suicide car bomber blew up their convoy along with four other Americans. Although she recognized the dangers and risks in Afghanistan, her family and friends said she still loved the job. NBC's Stephanie Gosk reports.

Kerry, speaking in Tokyo, said that everyone he had met with in recent days in the State Department ?feels this enormously.?

?It's all the promise of a young person with all of the idealism and energy, enthusiasm suddenly snuffed out in the quest of high ideals and great values,? he said.?

?I think that ? is not a death in vain. It's a loss. It's a horrible loss. It's unfathomable as a parent,? he said. ?But it's a great contribution and sacrifice for our country. And it is in the highest spirit of tradition and service of the State Department and the Foreign Service, and indeed of America, in our efforts to try to help other people be able to share in the blessings of life that we experience every day.?

?So I think that people should celebrate her life and really show their respect for what she was trying to do,? he added. ?She inspired a lot of people and even in her loss she's an inspiration.?

Kerry met Smedinghoff, whose business card read "Assistant Information Officer," several weeks ago when she worked as his control officer during his recent trip to Afghanistan.

Smedinghoff previously served in Venezuela.

In an email to the Washington Post, Smedinghoff's parents said their daughter "was always looking for opportunities to reach out and help to make a difference in the lives of those living in a country ravaged by war."

They added: "We are consoled knowing that she was doing what she loved, and that she was serving her country by helping to make a positive difference in the world."

Related:

'She was doing what she loved': Young diplomat among 6 Americans killed in Afghanistan

'We have to go': Afghans ready to flee country as foreign troops withdraw

Source: http://feeds.nbcnews.com/c/35002/f/653387/s/2abb6944/l/0Lusnews0Bnbcnews0N0C0Inews0C20A130C0A40C150C177594380Enot0Ea0Edeath0Ein0Evain0Ekerry0Eto0Emeet0Eparents0Eof0Eus0Ediplomat0Ekilled0Eby0Eafghan0Ecar0Ebomb0Dlite/story01.htm

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Falling commodities give Dow worst day of the year

NEW YORK (AP) ? Worries about an economic slowdown in China fueled a steep drop in commodity prices Monday, spooking investors and giving the stock market its worst day of the year.

The trigger for the sell-off came from China, where the world's second-largest economy expanded 7.7 percent in the first three months of the year, well below forecasts of 8 percent or better. That news pummeled copper, oil and other commodities. Shares of oil and mining companies fared the worst because China is a huge importer of their products.

The decline came after a pile of negative economic reports. In addition to the concerns about China, a separate report showed weak manufacturing in the Northeast, and a home builders' survey indicated housing activity isn't going to be strong, either, said Steven Ricchiuto, chief economist for Mizuho Securities.

"People are realizing that the global economy isn't as strong as they expected it to be," he said.

The market began tumbling hours before reports emerged of two bombs exploding in the packed streets near the finish line of the Boston Marathon. The attack that killed two people and injured more than 100 was just one more thing to worry investors.

The pullback disrupted, at least for the moment, the phenomenal rally that has sent the Dow Jones industrial average up 13 percent and the Standard & Poor's 500 index up 11 percent in 2013. Both indexes marked record highs only last Wednesday. But the market's exceptional performance has fueled widespread speculation about an inevitable retreat.

Concerns that Cyprus and other troubled European countries may sell gold to raise cash have also weighed on prices for precious metals, said Dan Greenhaus, chief global strategist at the brokerage BTIG.

The Dow tumbled 265.86 points to close at 14,599.20, a decline of 1.8 percent. Caterpillar, a maker of heavy equipment used by miners, led the index lower, falling 3 percent to $82.27. The S&P 500 index slumped 36.48 points to 1,552.37, a loss of 2.3 percent.

The S&P was led by Freeport-McMoRan Copper & Gold, which fell 8 percent to $29.27. Analysts at Citigroup placed a "sell" rating on the mining giant on the expectation that copper prices will continue sliding.

The Nasdaq composite fell 78.46 points, or 2.4 percent, to 3,216.49.

It was the biggest drop for the stock market since Nov. 7 ? Election Day ? last year.

Of the 10 industry groups in the S&P 500, materials and energy stocks fared the worst, losing 4 percent. Indexes of small companies and transportation stocks, which are more vulnerable to swings in the economy, also fell 4 percent.

Crude oil prices hit their lowest level since mid-December, sliding $2.58 to finish at $88.71 in New York trading. And gold fell $140, plunging below $1,400 an ounce for the first time in two years as a sell-off in metals continued from last week. Gold has now slumped $203 an ounce over the past two days.

Frank Fantozzi, CEO of Planned Financial Services, a wealth management firm, says people had bought gold since the financial crisis on the belief that it was safe place to keep money. But now that the metal has slid 20 percent this year, they're jumping out.

"I think you're getting some panic selling right now" in the gold market, Fantozzi said. "People who have been holding on to gold expecting a rebound are now thinking, 'I better get out.'"

Cetin Ciner, a finance professor and expert in precious metal markets at the University of North Carolina, Wilmington, said gold had also offered a protection against rampant inflation when the economy recovered. That helped push gold prices as high at $1,900 in 2011, but the high inflation they worried about still hasn't hit.

Gold "was bound to collapse at some stage," Ciner said. "People were waiting and waiting for higher inflation, and they finally realized it's not happening."

Just seven stocks rose in the S&P 500. Among them, Citigroup inched up 9 cents to $45.87, after the country's third-largest bank reported earnings that beat analysts' estimates. Stronger revenue from trading and investment banking lifted the bank's results.

Sprint Nextel jumped after Dish Network offered $25 billion to buy the company. Dish's bid is aimed at beating an offer from the Japanese phone company SoftBank. Sprint surged 14 percent to $7.06, and Dish fell 2 percent to $36.77.

Thermo Fisher Scientific offered $13.6 billion to buy genetic testing equipment maker Life Technologies. That works out to $76 in cash for each share of Life Technologies. Thermo Fisher's stock fell 1 percent to $78.58, while Life Technologies rose 7 percent to $73.11.

In the market for U.S. government bonds, which traders often buy when they're concerned about the economy, the yield on the 10-year Treasury note retreated to 1.69 percent, its lowest level of the year. That's down from 1.72 percent late Friday.

But for all the alarm among investors, experts doubt that the drop in stock prices is a harbinger of another global recession. Deep government budget cuts have slowed the U.S. economy and kept Europe in recession. And China's economy is cooling. But economists still expect the U.S. economy ? the world's biggest ? to gain strength during the second half of the year.

Nearly four years after the Great Recession ended, the American economy has a stronger foundation. Rising home prices and near-record stock prices make consumers feel wealthier and more willing to spend. And although China's growth was below expectations, it was still a pace that would be considered strong anywhere else.

The broader outlook for stocks was not likely to be "tremendously affected" by Monday's sell-off, Ciner said.

"There's so much money being pumped into the system, and the money has to go somewhere," he said, referring to the more than $2 trillion in bonds the Federal Reserve has bought since the Great Recession.

And there's ample evidence that the U.S. economy is making substantial improvements.

"There is some growth. Profits are up. So I don't think commodities will affect stocks," Ciner said. "There may be some volatility, but I think stocks will continue to go up in the short term."

___

Associated Press Business Writers Paul Wiseman in Washington and Bernard Condon in New York contributed to this report.

Source: http://news.yahoo.com/falling-commodities-dow-worst-day-222420116--finance.html

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