Tuesday, March 12, 2013

North Korea threatens 'preemptive nuclear attack' on US as UN readies new sanctions (+video)

The UN Security Council is expected today to approve a new round of sanctions against Pyongyang in response to its nuclear weapon test last month.

By Arthur Bright,?Staff writer / March 7, 2013

North Koreans attend a rally Thursday in Pyongyang to support a statement given on Tuesday by a North Korean military spokesman vowing to cancel the 1953 ceasefire that ended the Korean War. The billboard in background depicts a large bayonet pointing at US army soldiers and reads 'If you dare invade, only death will be waiting for you!'

Jon Chol Jin/AP

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North Korea upped the ante in its vitriolic rhetoric today, threatening to launch a preemptive nuclear strike against the US and other "aggressors," just hours ahead of the United Nations Security Council's expected vote to implement harsh new sanctions against the regime.

Skip to next paragraph Arthur Bright

Europe Editor

Arthur Bright is the Europe Editor at The Christian Science Monitor.? He has worked for the Monitor in various capacities since 2004, including as the Online News Editor and a regular contributor to the Monitor's Terrorism & Security blog.? He is also a licensed Massachusetts attorney.

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'; } else if (google_ads.length > 1) { ad_unit += ''; } } document.getElementById("ad_unit").innerHTML += ad_unit; google_adnum += google_ads.length; return; } var google_adnum = 0; google_ad_client = "pub-6743622525202572"; google_ad_output = 'js'; google_max_num_ads = '1'; google_feedback = "on"; google_ad_type = "text"; google_adtest = "on"; google_image_size = '230x105'; google_skip = '0'; // --> North Korea vows to launch a pre-emptive nuclear strike against the United States, amplifying its threatening rhetoric hours ahead of a vote by U.N. diplomats on whether to level new sanctions against Pyongyang for its recent nuclear test.

According to North Korea's state news agency, a foreign ministry official warned that?"Now that the US is set to light a fuse for a nuclear war, (our) revolutionary armed forces... will exercise the right to a preemptive nuclear attack to destroy the strongholds of the aggressors," writes Agence France-Presse. The official also said that a second Korean war is "unavoidable."

AFP notes that while North Korea claims to have missiles capable of delivering a nuclear warhead to the continental US, they have yet to successfully demonstrate such technology. Most observers believe that North Korea is many years away from such a capacity.

North Korea's latest threat comes amid growing international concern ? including that of longtime ally China ? over the country's continued nuclear testing, its third such test occuring last month. In response, the US and China negotiated a tightening of sanctions against the regime, which is expected to pass later today at the UN Security Council.?

The Monitor reported yesterday that while probably not ready to impose sanctions strong enough to destabilize the Kim regime, China was angered by the decision to follow through with last month's weapons test in spite of Beijing's direct requests otherwise.

The resolution due to be approved Thursday will make it harder for North Korean diplomats to transport large quantities of cash, which they are forced to do by existing financial sanctions that make banks unwilling to deal with Pyongyang.

The resolution will also step up the inspection of North Korean imports and exports, so as to crack down on Pyongyang?s purchase of technology that could help its weapons program and on North Korean military sales abroad.

The sanctions will prohibit the sale of luxury items such as yachts and racing cars to North Korea, in a bid to deny the country?s rulers some of their toys.

Still, experts are dubious that the sanctions will make much difference.

David Kang, an expert on North Korea at the University of Southern California, told the Monitor that "There is zero chance that this new resolution will have any effect on North Korean behavior. Pressure does not work on North Korea."

The sanctions' passage is unlikely to end North Korea's bellicose rhetoric in the coming days, as the US and South Korea are set to engage in two months of war games starting next week. Pyongyang warned on Tuesday that if the games were held, North Korea would "completely nullify" the armistice that has held since the Korean War unofficially ended in 1953. An official peace between North and South Korea has never been enacted.

"The war exercise being done by the United States and the puppet South Korea is a systematic act of destruction aimed at the Korean armistice," the KCNA quoted a top military official as saying.

But the Monitor noted that North Korea's threat "rings hollow," as the government made a similar declaration in 2009 amid an earlier round of international pressure over its nuclear weapons program.

?Maybe North Korea should check its files, because they already abrogated the armistice in May 2009,? says Bruce Klingner, a Northeast Asia expert at the Heritage Foundation?s Asian Studies Center in Washington. ?They said at the time they had abrogated it and were no longer bound by it,? Mr. Klinger says, ?so I guess you could say history is repeating itself.?

Source: http://rss.csmonitor.com/~r/csmonitor/globalnews/~3/ZGiex8e0t4A/North-Korea-threatens-preemptive-nuclear-attack-on-US-as-UN-readies-new-sanctions-video

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Monday, March 11, 2013

Canadian house prices could fall 44% with severe - Financial Post

A severe economic shock, such as the kind that hit Japan in the early 1990s and California and Nevada in 2006, would have to knock Canadian housing prices down by 44% to cause securities linked to Canadian mortgages to lose the highest ratings assigned by Moody?s Investors Service.

House prices to remain flat for 10 years: TD

OTTAWA ? Canada?s real estate bonanza of the past decade has come to end and the long-term trend as one of the most profitable places to invest is also not encouraging, a new research paper from the TD Bank argues.

Continue reading.

Such a house price decline, were it to happen, would be driven primarily by the phenomenal upswing in Canadian home prices over the past decade, Moody?s said.

Canada joins Spain, as well as the United Kingdom and Australia, in the ratings agency?s assessment of countries where growth in housing prices over the past 10 years has driven their values away from sustainable market fundamentals and into ?overheated? territory.

?As with Australia, Spain and the U.K., we expect house prices in Canada to suffer the most due to the misalignment of current house prices with historic fundamentals,? Moody?s said.

The ratings agency released the report Monday that included its housing market analysis, along with request for comment on its proposed approach to analyzing the credit risk of non-insured mortgage pools.

?Moody?s Investors Service is in no way predicting the extent nor the causes of a large scale house price depreciation in Canada,? spokesperson Thomas Lemmon said in an emailed statement.

?Along with many other factors, the home price component of our analysis provides that in order to achieve our highest rating, a mortgage pool would have to be able to withstand a 44% downturn.?

Moody?s is the second ratings agency in as many weeks to seek input on a proposal to change the methodology used to analyze securities linked to mortgages.

Last week, London and New York-based Fitch Ratings unveiled a proposed a two-step model that reduces home prices to a ?sustainable? value based on a number of factors including data provided by Canadian banks. It then further subjects the homes to a ?stressed market? value decline assumption.

Fitch said Canadian home prices are overvalued by about 20%.

Ratings agencies came under harsh criticism in the aftermath of the financial crisis of 2008 for what was perceived as a failure to predict the U.S. housing market meltdown that precipitated it.

Since then, there has been an attempt to strike a balance of thorough analysis with timely analysis, according to Grant Connor, an associate in equity research at National Bank Financial who previously worked on structured finance at Moody?s.

?At the simplest level, a stress case scenario should represent a realistic worst case scenario,? Mr. Connor said.

As with Australia, Spain and the U.K., we expect house prices in Canada to suffer the most

The model proposed by Moody?s on Monday determines house price ?stress? rates, used to assign ratings, by looking at variable factors such as house price and income growth over 10 years, and fixed factors such as monetary policy.

The analysis of housing prices in the event of economic shocks includes data from Finland in 1989, Japan in 1991, and Hong Kong in 1997, as well as Ireland, Nevada, and California in 2006.

The ?variable? analysis assesses how much current house prices have departed from ?sustainable? market fundamentals. The assumption is that, in the event of a severe economic shock, expected demand that has been baked into current house prices will not materialize. In Canada, the growth in house prices over the past 10 years has ??far outstripped? the growth in incomes, according to Moody?s.

?Think of it like an elastic [being stretched],? explains Mr. Connor of National Bank Financial. ?The snap back is going to be a lot harder.?

Moody?s also assesses the ?fixed? factor, which rates how vulnerable the consumer is to economic shocks, whether there is a large oversupply of houses, how effectively monetary policy can alleviate the shock, and how dependent the economy is on the real estate sector.

Canada scores better in this area, said Mr. Connor, because the stability of the country and its monetary policy is taken into consideration. While Canada?s household debt to income ratio is very high, at 154%, Moody?s notes that savings rates are higher than in some jurisdictions such as the United Kingdom.

In addition, Moody?s does not seem overly concerned about an over-supply of housing with the possible exception of the condominium market.

Source: http://business.financialpost.com/2013/03/11/canadian-house-prices-could-fall-44-with-severe-economic-shock-moodys/

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Bieber resumes tour after scuffle, health problems

FILE - In this Sept. 30, 2012 file photo, Justin Bieber performs at the MGM Grand Garden Arena in Las Vegas. Bieber is recovering after fainting backstage at a concert in London on Thursday, March 7, 2013. A spokeswoman for Bieber said that the 19-year-old pop star was given oxygen and took a 20-minute reprieve after fainting backstage at his show at London's O2 Arena. (Photo by Isaac Brekken/Invision/AP, File)

FILE - In this Sept. 30, 2012 file photo, Justin Bieber performs at the MGM Grand Garden Arena in Las Vegas. Bieber is recovering after fainting backstage at a concert in London on Thursday, March 7, 2013. A spokeswoman for Bieber said that the 19-year-old pop star was given oxygen and took a 20-minute reprieve after fainting backstage at his show at London's O2 Arena. (Photo by Isaac Brekken/Invision/AP, File)

FILe - In this Monday, March 4, 2013 file photo, Canadian singer Justin Bieber performs at the O2 Arena in east London. Bieber is recovering after fainting backstage at a concert in London. A spokeswoman for Bieber said Thursday, March 7, 2013, that the 19-year-old pop star was given oxygen and took a 20-minute reprieve after fainting backstage at London's O2 Arena. (Photo by Joel Ryan/Invision/AP, File)

FILE - In this March 4, 2013 file photo, Canadian singer Justin Bieber performs at the O2 Arena in east London. Bieber is recovering after fainting backstage at a concert in London on Thursday, March 7, 2013. A spokeswoman for Bieber said that the 19-year-old pop star was given oxygen and took a 20-minute reprieve after fainting backstage at his show at London's O2 Arena. (Photo by Joel Ryan/Invision/AP, File)

FILE - In this Monday, March 4, 2013 file photo, Canadian singer Justin Bieber performs at the O2 Arena in east London. Bieber is recovering after fainting backstage at a concert in London. A spokeswoman for Bieber said Thursday, March 7, 2013, that the 19-year-old pop star was given oxygen and took a 20-minute reprieve after fainting backstage at London's O2 Arena. (Photo by Joel Ryan/Invision/AP, File)

FILE - In this Monday, March 4, 2013 file photo, Canadian singer Justin Bieber performs at the O2 Arena in east London. Bieber is recovering after fainting backstage at a concert in London. A spokeswoman for Bieber said Thursday, March 7, 2013, that the 19-year-old pop star was given oxygen and took a 20-minute reprieve after fainting backstage at London's O2 Arena. (Photo by Joel Ryan/Invision/AP, File)

(AP) ? It's been a rough week for Justin Bieber: Getting booed for being late, struggling to breathe mid-performance and fainting backstage, then caught on camera clashing with paparazzi.

But the 19-year-old pop sensation appeared to have recovered Friday for his final concert in London, singing and dancing to thousands of adoring fans at the O2 Arena.

Earlier Friday, the star made headlines when he got into an altercation with insult-hurling paparazzi, lashing out at a photographer with a stream of expletives as he was restrained by minders.

"Ahhhhh! Rough morning. Trying to feel better for this show tonight but let the paps get the best of me," the singer posted on Twitter soon after the altercation with the photographer, which took place as he got into a car earlier Friday. The scuffle was captured on video by Channel 5 News and widely broadcast by Britain's media.

"Sometimes when people r shoving cameras in your face all day and yelling the worst thing possible at u...well I'm human. Rough week," he wrote on the social networking site.

The clash came just hours after Bieber said he was "getting better" following breathing problems he suffered during the previous night's concert. The star took a short break to go backstage, where he was given oxygen, and had to be briefly hospitalized for a check-up.

A spokesman for the O2 Arena said Bieber was treated backstage during Thursday's concert after becoming short of breath, but recovered and finished his set.

"He was treated by our team of medics and after further examination they didn't find anything more serious or worrying."

A spokeswoman for Bieber said he was feeling "a little under the weather." She demanded anonymity to discuss the star's condition.

Bieber later posted a shirtless photo of himself in a hospital bed, saying he was getting better and listening to Janis Joplin. Before that on Twitter he thanked "everyone pulling me thru tonight."

"Best fans in the world," he wrote. "Figuring out what happened. Thanks for the love."

Video footage from the concert shows Bieber appearing to fade during a performance of his up-tempo hit, "Beauty and a Beat." He slows down, puts a hand to his head then bends over, resting his hands on knees before walking slowly to the back of the stage.

The AP spoke to 18-year-old journalism student Prithvi Pandya, who shot the footage, to confirm its authenticity.

"When he started 'Beauty and a Beat' you could see he was struggling," said Pandya, who was near the front of the crowd. "He took lots of drinks of water, that seemed unusual, and he was really sweaty, sweating a helluva lot.

"Toward the end of it, he went backstage. We didn't see him fainting. They brought on dancers to entertain, and I knew something was wrong at that point."

Bieber's manager, Scooter Braun, appeared onstage and told the crowd that the singer was feeling "very low of breath" but would come back to finish the show.

Jazz Chappell, a 20-year-old concertgoer who brought her younger sister and her friend to the show, said that In the nearly 30 minutes he was offstage, some fans started to leave. Once his manager announced what had happened, Chappell said many fans in the audience were gasping and crying, while others kept cheering for him to return.

"I thought, 'Give the guy a break. He just fainted. He's not a performing horse. Let him rest a second,'" said Chappell.

Chappell said Bieber, who is in London to perform four concerts at the O2, later returned and performed low-energy renditions of his hits "Boyfriend" and "Baby."

The incident caps a difficult week for Bieber. He was forced to apologize to outraged fans who accused him of taking the stage almost two hours late for his first concert at the O2 on Monday. He insisted he was only 40 minutes late and blamed "technical issues." He took to Twitter to vent his frustrations with the media's portrayal of the incident.

The star's Believe world tour is due to move on to Portugal on Monday, then continue across Europe, the Middle East, South Africa and North America until August.

___

AP writers Gregory Katz in London and Derrik J. Lang in Los Angeles and AP Music Writer Mesfin Fekadu contributed to this report.

___

Online:

http://www.justinbiebermusic.com/

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/4e67281c3f754d0696fbfdee0f3f1469/Article_2013-03-08-People-Justin%20Bieber/id-664a9c0c1011456aa713b709933c3d4b

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Iterations: The Diamond Is In The Comments

DisqusPeople often ask me some variant of this question: ?What?s a startup out there that will be a great investment hit but no one really thinks of that way yet???There are many possible answers, but I?ll focus this week?s column on one: Disqus. Now, there are many smart folks who believe online comments are either dead or worthless, and they have some valid points. Some believe online comments should exist apart from the original content, whether on Twitter as tweets or Facebook as sub-conversations, or through re-blogging on Tumblr, and so forth. And there are others, like me, who invest time in Disqus as a user because they believe it?s the single-best commenting system out there. (Disclaimer: I use Disqus on my personal blog, and all the billions I make my blog are kept in the Caymans.)

Source: http://feedproxy.google.com/~r/Techcrunch/~3/NFTFtR_WL-o/

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Simple Solutions For The Do It Yourselfer With These Quick Tips ...

There many reasons for making home improvements. While some jobs can take as little as 60 minutes, others can take months. Save money by doing the other projects on your own, no matter what size undertaking you are considering you may find it enjoyable. If you keep reading, you will learn some helpful tips.

Painting and decking are only two of the home improvement projects that will have a great return on the money you invest. Consider each of these when working on the exterior of your home. A deck adds a terrific outdoor space to your home, and you?ll find it?s equally enjoyable when you?re on your own or when you invite guests over.

Upgrading old appliances is one of the easiest home improvements to slash utility bills. Replacing aging appliances with energy-efficient upgrades will reduce your utility bills and improve the value of your home. That makes them a great home improvement investment. It is also fairly easy to install appliances, so doing so is a home improvement option that is fast and effective.

In the real estate market, a beautiful view can often command a significant premium. What constitutes a good view can vary from one person to the next, however. How much a view is worth is up to each individual person. Potential buyers may not be as attracted to the view as you are, and might now want to shell out extra bucks because of it.

These are merely a small number of things that you can do to improve the home. Use caution! You can quickly and easily become addicted to home improvement. Using the tips in this piece will increase your motivation to make all kinds of home improvements. Once you have a few projects under your belt you will be eager to look for bigger home improvement challenges.

Source: http://dfwdesignguide.com/simple-solutions-for-the-do-it-yourselfer-with-these-quick-tips/

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Saturday, March 9, 2013

More rapid test for Group B strep successful

Mar. 8, 2013 ? A more rapid laboratory test for pregnant women to detect potentially deadly Group B strep (GBS) has been successful at identifying GBS colonization in six and a half hours, according to the results of a study from The University of Texas Health Science Center at Houston (UTHealth).

The more rapid test could be helpful for the 13 percent of patients who experience pre-term labor before they are screened for GBS, which usually occurs between 35 and 37 weeks of gestation. The current standard test takes 48 hours. Antibiotics can be administered at the time of delivery to kill the bacteria.

"This new test could change the management of patients who present to labor and delivery with threatened preterm labor and aren't expected to deliver right away," said Jonathan Faro, M.D., Ph.D., assistant professor in the Department of Obstetrics, Gynecology and Reproductive Sciences at The University of Texas Medical School at Houston, part of UTHealth. "It would likely gain use in this patient population, which is a small number, but still very significant clinically. We could target this population and this would help cut down on overuse of resources and minimize our contribution to the increased level of bacterial resistance."

The new test, developed by NanoLogix, can also detect antibiotic sensitivities for women who are allergic to penicillin, saving the additional 48 hours the standard test for antibiotic sensitivity takes, Faro said.

GBS is the most common cause of sepsis (blood infection) and meningitis and a frequent cause of pneumonia in newborns, according to the Centers for Disease Control (CDC). The CDC estimates the bacterium, which is passed from mother to child through the birth canal, is carried by 25 to 30 percent of women at any one time. Because GBS has few symptoms, many women do not know they are carriers. In 2001, 1,700 babies less than 1 week old contracted GBS, which can lead to disability and death.

In the study, 356 patients at 35 to 37 weeks of gestation at UT Physicians clinics were tested for GBS using two standard tests and the new test, which provided a high level of validity according to the study results.

Faro is studying an even faster version of the test with the hope it could detect GBS in as little as 30 minutes. That could make a difference for the up to 15 percent of pregnant women who arrive for full-term delivery and have not been screened. Right now, obstetricians must determine whether to give these women intravenous antibiotics automatically or use risk factors, which have been shown to be only half as effective as laboratory tests, to assess whether the patient has the bacteria.

"Typically, if a patient comes into the emergency room in labor and you don't know if she carries GBS, you have to treat her with antibiotics," Faro said. "Everyone is concerned that the overuse of antibiotics is leading to greater resistance to them. Some have expressed concern that by giving penicillin to everyone, we are increasing the number of babies who are getting sick from E. coli sepsis."

The study was published in a recent online edition of "Infectious Diseases in Obstetrics and Gynecology" and presented at the 33rd annual Society of Maternal Fetal Medicine meeting last month.

UTHealth co-authors include Sebastian Faro, M.D., the Dr. John T. Armstrong Professor in Obstetrics and Gynecology; Allan Katz, M.D., the Robert K. Creasy Professor in the Department of Obstetrics, Gynecology and Reproductive Sciences; Karen Bishop, clinical trial program manager; Gerald Riddle, research associate; and Mark Turrentine, research collaborator.

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Story Source:

The above story is reprinted from materials provided by University of Texas Health Science Center at Houston.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Jonathan P. Faro, Karen Bishop, Gerald Riddle, Mildred M. Ramirez, Allan R. Katz, Mark A. Turrentine, Sebastian Faro. Accuracy of an Accelerated, Culture-Based Assay for Detection of Group B Streptococcus. Infectious Diseases in Obstetrics and Gynecology, 2013; 2013: 1 DOI: 10.1155/2013/367935

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/most_popular/~3/RfQuQOuS1dI/130308183836.htm

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