More than 140 nations adopt treaty to cut mercury


GENEVA (AP) — A new and legally binding international treaty to reduce harmful emissions of mercury was adopted Saturday by more than 140 nations, capping four years of difficult negotiations but stopping short of some of the tougher measures that proponents had envisioned.


The new accord aims to cut mercury pollution from mining, utility plants and a host of products and industrial processes, by setting enforceable limits and encouraging shifts to alternatives in which mercury is not used, released or emitted.


Mercury, known to be a poison for centuries, is natural element that cannot be created or destroyed. It is released into the air, water and land from small-scale artisanal gold mining, coal-powered plants, and from discarded electronic or consumer products such as electrical switches, thermostats and dental amalgam fillings. Mercury compound goes into batteries, paints and skin-lightening creams.


Because it concentrates and accumulates in fish and goes up the food chain, mercury poses the greatest risk of nerve damage to pregnant women, women of child-bearing age and young children. The World Health Organization has said there are no safe limits for the consumption of mercury and its compounds, which can also cause brain and kidney damage, memory loss and language impairment.


A decade ago, Switzerland and Norway began pushing for an international treaty to limit mercury emissions, a process that culminated in the adoption of an accord Saturday after an all-night session that capped a weeklong conference in Geneva and previous such sessions over the past four years.


"It will help us to protect human health and the environment all over the world," Swiss environment ambassador Franz Perrez told a news conference.


But the treaty only requires that nations with artisanal and small-scale gold mining operations, one of the biggest sources of mercury releases, draw up national plans within three years of the treaty entering force to reduce and — if possible — eliminate the use of mercury in such operations. Governments also approved exceptions for some uses such as large measuring devices for which there are no mercury-free alternatives; vaccines where mercury is used as a preservative; and products used in religious or traditional activities.


Switzerland, Norway and Japan each contributed $1 million to get the treaty started, but U.N. officials say tens of millions more will be needed each year to help developing countries comply. The money would be distributed through the Global Environment Facility, an international funding mechanism.


The U.N. Environment Program said the treaty will be signed later this year in the southern Japanese city of Minamata, for which it is to be named. After that, 50 nations must ratify it before it comes into force, which officials predicted would happen in three to four years.


So-called Minimata disease, a severe neurological disorder caused by mercury poisoning, was discovered in the late 1950s because of methylmercury escaping from the city's industrial wastewater. The illness, which sickened people who ate contaminated fish, killed hundreds and left many more badly crippled. Some 12,000 people have demanded compensation from Japan's government.


"To agree on global targets is not easy to do," Achim Steiner, the executive director of the U.N. Environment Program, told reporters. "There was no delegation here that wished to leave Geneva without drafting a treaty."


Over the past 100 years, mercury found in the top 100 meters (yards) of the world's oceans has doubled, and concentrations in waters deeper than that have gone up by 25 percent, the U.N. environment agency says, while rivers and lakes contain an estimated 260 metric tons of mercury that was previously held in soils.


The treaty was originally blocked by powers such as the United States, but President Barack Obama's reversal of the U.S. position in early 2009 helped propel momentum for its adoption. China and India also played key roles in ensuring its passage; Asia accounts for just under half of all global releases of mercury.


"We have closed a chapter on a journey that has taken four years of often intense, but ultimately successful, negotiations and opened a new chapter toward a sustainable future," said Fernando Lugris, the Uruguayan diplomat who chaired the negotiations.


Some supporters of a new mercury treaty said they were not satisfied with the agreement.


Joe DiGangi, a science adviser with advocacy group IPEN, said that while the treaty is "a first step," it is not tough enough to achieve its aim of reducing overall emissions. For example, he said, there is no requirement that each country create a national plan for how it will reduce mercury emissions.


His group and some of the residents of Minamata have opposed naming the treaty for their city because they feel it does not do enough to fix the problem.


"This treaty should be called the 'Mercury Convention,' not the 'Minamata Convention," said Takeshi Yasuma, a Japanese activist. "Water pollution resulting in contaminated sediment and fish caused the Minamata tragedy, but the treaty contains no obligations to reduce mercury releases to water and no obligations to clean up contaminated sites."


Treaty proponents called it a good first step, however, and Steiner said the document would evolve over time and hopefully become a stronger instrument.


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Wall Street Week Ahead: Earnings, money flows to push stocks higher

NEW YORK (Reuters) - With earnings momentum on the rise, the S&P 500 seems to have few hurdles ahead as it continues to power higher, its all-time high a not-so-distant goal.


The U.S. equity benchmark closed the week at a fresh five-year high on strong housing and labor market data and a string of earnings that beat lowered expectations.


Sector indexes in transportation <.djt>, banks <.bkx> and housing <.hgx> this week hit historic or multiyear highs as well.


Michael Yoshikami, chief executive at Destination Wealth Management in Walnut Creek, California, said the key earnings to watch for next week will come from cyclical companies. United Technologies reports on Wednesday while Honeywell is due to report Friday.


"Those kind of numbers will tell you the trajectory the economy is taking," Yoshikami said.


Major technology companies also report next week, but the bar for the sector has been lowered even further.


Chipmakers like Advanced Micro Devices , which is due Tuesday, are expected to underperform as PC sales shrink. AMD shares fell more than 10 percent Friday after disappointing results from its larger competitor, Intel . Still, a chipmaker sector index <.sox> posted its highest weekly close since last April.


Following a recent underperformance, an upside surprise from Apple on Wednesday could trigger a return to the stock from many investors who had abandoned ship.


Other major companies reporting next week include Google , IBM , Johnson & Johnson and DuPont on Tuesday, Microsoft and 3M on Thursday and Procter & Gamble on Friday.


CASH POURING IN, HOUSING DATA COULD HELP


Perhaps the strongest support for equities will come from the flow of cash from fixed income funds to stocks.


The recent piling into stock funds -- $11.3 billion in the past two weeks, the most since 2000 -- indicates a riskier approach to investing from retail investors looking for yield.


"From a yield perspective, a lot of stocks still yield a great deal of money and so it is very easy to see why money is pouring into the stock market," said Stephen Massocca, managing director at Wedbush Morgan in San Francisco.


"You are just not going to see people put a lot of money to work in a 10-year Treasury that yields 1.8 percent."


Housing stocks <.hgx>, already at a 5-1/2 year high, could get a further bump next week as investors eye data expected to support the market's perception that housing is the sluggish U.S. economy's bright spot.


Home resales are expected to have risen 0.6 percent in December, data is expected to show on Tuesday. Pending home sales contracts, which lead actual sales by a month or two, hit a 2-1/2 year high in November.


The new home sales report on Friday is expected to show a 2.1 percent increase.


The federal debt ceiling negotiations, a nagging worry for investors, seemed to be stuck on the back burner after House Republicans signaled they might support a short-term extension.


Equity markets, which tumbled in 2011 after the last round of talks pushed the United States close to a default, seem not to care much this time around.


The CBOE volatility index <.vix>, a gauge of market anxiety, closed Friday at its lowest since April 2007.


"I think the market is getting somewhat desensitized from political drama given, this seems to be happening over and over," said Destination Wealth Management's Yoshikami.


"It's something to keep in mind, but I don't think it's what you want to base your investing decisions on."


(Reporting by Rodrigo Campos, additional reporting by Chuck Mikolajczak and Caroline Valetkevitch; Editing by Kenneth Barry)



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IHT Rendezvous: Can Armstrong be Redeemed? How About Galliano?

LONDON — While Lance Armstrong was (not quite) baring his soul to Oprah this week, a very different celebrity, the disgraced London fashion designer John Galliano, was taking a small step on the path to redemption.

Two years after he was ousted from Dior in the wake of his arrest for a drunken, anti-Semitic rant in a Paris bar, Mr. Galliano is to make a modest comeback at the New York design studio of Oscar de La Renta.

As Eric Wilson writes over at On the Runway, many had speculated that the man described as “the prince of romantic glamor” would never work in the fashion industry again after his downfall in 2011.

However, with the support of fashion luminaries such as Anna Wintour and Grace Coddington of Vogue, he appears set for rehabilitation.

“As far as a comeback strategy, working for Mr. de la Renta in a casual capacity, practically an intern, is, in effect, a way of testing the waters,” Eric writes.

The downfall of the Gibraltar-born, London-raised designer came after two patrons of a bar in the Marais district of Paris accused him of making an anti-Semitic slur.

An online video later surfaced that showed a previous incident in which a bleary Mr. Galliano told fellow customers in the same bar, “I love Hitler” and “people like you would be dead” and “your mothers, your forefathers” would all be “gassed.”

All the more surprising, then, that among those who welcomed the 52-year-old designer’s return was Abraham H. Foxman of the Anti-Defamation league.

The head of the American anti-Semitism watchdog group said on Friday, “Mr. Galliano has worked arduously in changing his worldview and dedicated a significant amount of time to researching, reading, and learning about the evils of anti-Semitism and bigotry.”

The A.D.L. had met the designer on numerous occasions and hoped to work with him in the future as a spokesman against bigotry.

A Paris court fined Mr. Galliano €6,000, or $8,000, for racial insults after he offered his apologies, and last year President François Hollande stripped him of the Légion d’Honneur that he was awarded in 2009.

The designer’s behavior was widely blamed on drug and alcohol addiction, which he’s sought treatment for over the last two years.

“Under intense pressure to produce at least eight full collections a year, Galliano — like so many other artists — reached for sustenance and oblivion,” Suzy Menkes, the IHT’s fashion editor, wrote in November.

Another celebrity who has admitted to turning to drugs, but for very different reasons, is Lance Armstrong, the disgraced American cycling superstar who came clean to Oprah Winfrey this week.

Summing up the response among cycling and anti-doping officials, my colleague Ian Austen wrote: “Many characterized Armstrong’s interview with Oprah Winfrey as being more self-serving than revelatory.”

Has Mr. Armstrong done enough to pave the way for an eventual comeback or were his television appearances indeed self-serving? And what about Mr. Galliano? Should his repentance for his unpardonable remarks lead to a second chance at success? Does either celebrity — or both — deserve redemption? Tell us what you think.

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Thank You to the OpenStack Members Who Voted in the Individual Director Election






HP Cloud Services would like to thank all of the OpenStack® Foundation member/electors who participated in the recent Individual Director election.


The OpenStack Foundation regularly conducts elections for Individual Directors of the Foundation’s Board.  This process is very important for the legitimacy of the Foundation and for the health of the project. These directors represent the voices and interests of the developers and contributors to the OpenStack project as a whole, and of the operators of OpenStack-based clouds. Read more about Thank You to the OpenStack Members Who Voted in the Individual Director Election »






Linux/Open Source News Headlines – Yahoo! News




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Manti Te'o Speaks: 'I Wasn't Faking It'















01/19/2013 at 08:45 AM EST



Notre Dame linebacker Manti Te'o has broken his silence on the topic of the his "dead" girlfriend, telling ESPN Friday night that he played no part in the bizarre hoax.

"I wasn't faking it," the star athlete, 21, told the sports cable network's Jeremy Schapp during the 2½-hour, off-camera interview. (Te'o's comments were later released by ESPN.) "I wasn't part of this."

Te'o did admit, however, that he "tailored" his tales so that others would assume he had "met her before she passed away."

He also said one of three people who perpetrated the prank – Te'o identified him as Ronaiah Tuiasosopo, a 22-year-old acquaintance from California, along with one other man and a woman – contacted him two days ago and apologized.

"When [people] hear the facts, they'll know," Te'o said. "They'll know that there is no way that I could be part of this."

Te'o told Schapp that he and Kekua never met face-to-face, and whenever he attempted to contact her via Skype and videophone calls, the picture was blocked. Planned meetings in Los Angeles and Hawaii always fell apart because she would cancel at the last minute or else send others in her place.

"My relationship with Lennay wasn't a four-year relationship," Te'o said. "There were blocks and times and periods in which we would talk and then it would end."

At another point, he said, "She told me her dad passed away, and I was there. I was that shoulder to cry on. And I kind of just naturally cared for the person. And so our relationship kind of took another level. But not the kind of exclusive level yet."

He further said that he lied to his own father about having met her, and from there the story snowballed, as Te'o apparently told others the same story.

After being informed in early September that Kekua had died of leukemia, Te'o said he continued to keep up the story about her publicly because he was uncomfortable admitting the two had never met in person.

"That goes back to what I did with my dad. I knew that. I even knew that it was crazy that I was with somebody that I didn't meet," he said. "So I kind of tailored my stories to have people think that, yeah, he met her before she passed away."

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Lilly drug chosen for Alzheimer's prevention study


Researchers have chosen an experimental drug by Eli Lilly & Co. for a large federally funded study testing whether it's possible to prevent Alzheimer's disease in older people at high risk of developing it.


The drug, called solanezumab (sol-ah-NAYZ-uh-mab), is designed to bind to and help clear the sticky deposits that clog patients' brains.


Earlier studies found it did not help people with moderate to severe Alzheimer's but it showed some promise against milder disease. Researchers think it might work better if given before symptoms start.


"The hope is we can catch people before they decline," which can come 10 years or more after plaques first show up in the brain, said Dr. Reisa Sperling, director of the Alzheimer's center at Brigham and Women's Hospital in Boston.


She will help lead the new study, which will involve 1,000 people ages 70 to 85 whose brain scans show plaque buildup but who do not yet have any symptoms of dementia. They will get monthly infusions of solanezumab or a dummy drug for three years. The main goal will be slowing the rate of cognitive decline. The study will be done at 50 sites in the U.S. and possibly more in Canada, Australia and Europe, Sperling said.


In October, researchers said combined results from two studies of solanezumab suggested it might modestly slow mental decline, especially in patients with mild disease. Taken separately, the studies missed their main goals of significantly slowing the mind-robbing disease or improving activities of daily living.


Those results were not considered good enough to win the drug approval. So in December, Lilly said it would start another large study of it this year to try to confirm the hopeful results seen patients with mild disease. That is separate from the federal study Sperling will head.


About 35 million people worldwide have dementia, and Alzheimer's is the most common type. In the U.S., about 5 million have Alzheimer's. Current medicines such as Aricept and Namenda just temporarily ease symptoms. There is no known cure.


___


Online:


Alzheimer's info: http://www.alzheimers.gov


Alzheimer's Association: http://www.alz.org


___


Follow Marilynn Marchione's coverage at http://twitter.com/MMarchioneAP


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Stock futures mixed as Intel offsets Morgan Stanley, China data


NEW YORK (Reuters) - Wall Street was set to open little changed on Friday, a day after the S&P 500 rose to its highest level in five years, as a weak outlook from Intel was weighed against encouraging data out of China and a fourth-quarter profit at Morgan Stanley .


Shares of Intel Corp slumped 6.5 percent to $21.20 in premarket trading after the tech company forecast quarterly revenue that was below analysts' estimates and hiked capital spending plans for the year. Nasdaq futures indicated the index would fare worse than the Dow and S&P.


Futures got a lift after Morgan Stanley reported a fourth-quarter profit after a year-earlier loss, helped by higher revenue at the bank's institutional securities business. Its stock jumped 6.6 percent to $22.10 in premarket trading.


Economic data out of China provided some support to the market, though the focus remained on U.S. corporate earnings. The country's economy grew at a modestly faster-than-expected 7.9 percent in the fourth quarter, the latest sign the world's second-biggest economy was pulling out of a post-global financial crisis slowdown which saw it grow in 2012 at its weakest pace since 1999.


S&P 500 futures rose 0.8 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures added 7 points, while Nasdaq 100 futures lost 6.25 points.


Stronger-than-expected U.S. economic data boosted the S&P 500 on Thursday to its highest level in five years. The index is now just 5.6 percent from a record closing peak of 1,565.15.


It would be a normal reaction for investors to take a pause to lock in recent gains, said Andre Bakhos, director of market analytics at Lek Securities in New York, but any weakness in the market could also be a buying opportunity.


"It's the type of market where it's starting to gain momentum and if investors miss the run, they're going to be behind the eight ball early in the year," said Bakhos.


General Electric reported a better-than-expected rise in earnings on Friday, pushing its shares up 3.8 percent in premarket trading to $22.10.


Johnson Controls dropped 2.8 percent to $31.07 after its profit fell and the company forecast further declines.


Overall, S&P 500 company earnings are expected to have risen 2.3 percent in the fourth quarter, Thomson Reuters data showed. Expectations for the quarter have dropped considerably since October, when a 9.9 percent gain was estimated.


Shares of Research In Motion jumped 6.8 percent to $15.92 in premarket trading after Jefferies Group boosted the BlackBerry maker's rating and price target.


On the economic front, a report on consumer sentiment in early January will be released at 9:55 am ET (1455 GMT).


(Editing by Bernadette Baum)



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U.N. Refugee Agency Warns of Crisis in Mali





GENEVA — As French and African troops prepare to escalate their offensive against Islamist forces in the north of Mali, the United Nations refugee agency said on Friday it was preparing for around 700,000 people to flee the violence, many to neighboring countries. The U.N. believes more than 400,000 refugees could flee to neighboring countries and another 300,000 are likely to be displaced internally “in the next several months,” Melissa Fleming a spokeswoman for the United Nations high commissioner for refugees, said.




These will be in addition to around 376,000 who have fled the turmoil in the past year, she said, including 147,000 who went to Mauritania, Niger and Burkina Faso and around 229,000 the Malian government estimates are displaced within the country.


Malians arriving in neighboring countries since the start of French airstrikes a week ago said they feared the strict application of Muslim Shariah law by Islamist rebels. They have given accounts of executions and amputations and reported that children as young as 10 had been recruited to join the rebel groups.


Some families handed over children to the rebels for religious reasons but the parents of most of the children were attracted by promised payments of around $700, according to a report to the U.N. Human Rights Council detailing serious abuses, including executions, torture and rape committed by armed groups in northern Mali. It also reported similar atrocities in areas under the control of the Malian Army.


The report, compiled by human rights experts who visited Mali and neighboring countries in November, says combatants of one armed group, the National Movement for the Liberation of Azawad, were reported to have executed 94 soldiers from a group of 153 it had captured.


Women in northern Mali have suffered harassment and sexual violence from armed groups applying extreme interpretations of Shariah, the report added. It cited the case of a 22-year-old woman raped by six armed men for not wearing a veil in her home. The report said girls as young as 12, had been forced to marry members of Al Qaeda in the Islamic Maghreb and other militant groups and subjected to days of gang rape before being abandoned after a “divorce.”


Malian soldiers were alleged to have executed nine Tuareg rebels in northern Mali in February and 16 pilgrims in September, the report said. It expressed alarm at mounting tension among ethnic groups in Mali and warned of possible reprisals against Tuareg and Arab communities believed to be linked to armed Islamist groups.


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Mo. lawmaker wants tax on violent video games






JEFFERSON CITY, Mo. (AP) — A Republican lawmaker from rural Missouri bucked her party’s anti-tax bent on Tuesday and called for a sales tax on violent video games in response to a deadly Connecticut school shooting.


Rep. Diane Franklin, of Camdenton, said the proposed 1 percent sales tax would help pay for mental health programs and law enforcement measures aimed at preventing mass shootings. The tax would be levied on video games rated “teen,” ”mature” and “adult-only” by the Entertainment Software Rating Board, the organization in charge of rating video games.






The rating board classifies games as “teen” if they contain violence, suggestive themes and crude humor. The popular music game “Guitar Hero” has a teen rating and would be taxed under Franklin’s plan. Another popular title, “Call of Duty,” has a mature rating and also would be subject to the sales tax. “Mature” games are deemed suitable for people 17 and older and may contain intense violence and gore.


“History shows there is a mental health component to these shootings,” Franklin said, referring to the Sandy Hook Elementary School shooting that killed 20 students and six adults in Newtown, Conn., and the Aurora, Colo., movie theater shooting that left 14 dead.


Franklin’s plan is the latest in a string of measures proposed in response to recent mass shootings. Another Missouri Republican has filed a measure that would allow teachers to carry guns in the classroom. On the national level, Vice President Joe Biden is leading an effort to reduce gun violence and is expected to reveal recommendations Wednesday that include steps to improve school safety and mental health care, as well as address violence in entertainment and video games.


Franklin’s proposal already faces opposition from the Entertainment Software Association, which represents companies that publish computer and video games.


“Taxing First Amendment protected speech based on its content is not only wrong, but will end up costing Missouri taxpayers,” the association said in a written statement.


Tax increases typically are a hard sell in Missouri. This past November, voters rejected a proposed tobacco tax increase for the third time in a decade, choosing instead to leave the state’s cigarette tax at the lowest level in the nation. Republican legislative leaders and Democratic Gov. Jay Nixon both have taken stands against tax increases.


Other proposals to tax violent video games failed in Oklahoma in 2012 and New Mexico in 2008. In Oklahoma, Republican state Rep. William Fourkiller had proposed a violent video games tax to combat childhood obesity and school bullying, but his plan failed to make it out of a committee.


Other non-tax efforts to curb the effect of violent video games also have fallen short. U.S. Sen. Jay Rockefeller, D-W. Va., put forward a measure last year for the study of the impact of violent video games on children, but it failed. A California law banning the sale of violent games to minors was struck down by the U.S. Supreme Court in 2011.


The Entertainment Merchant’s Association sent a letter to Biden last week urging him to look elsewhere when it comes to his plans on gun violence.


“Make no mistake: blaming movies and video games is an attempt to distract the attention of the public and the media from meaningful action that will keep our children safer,” wrote the merchant’s association, a lobbying group for the home entertainment industry.


Others, however, have criticized the video game industry and its role in mass shootings.


“There exists in this country a callous, corrupt and corrupting shadow industry that sells, and sows, violence against its own people,” National Rifle Association Executive Vice President Wayne LaPierre said at a December news conference.


Franklin said she hopes her bill will “start a discussion” on the relationship between violent games and mental illness. Franklin, who has a granddaughter in kindergarten, added she is concerned about the safety of schools and universities in the state.


In 2008, there were 298 million video games sold in the U.S., generating $ 11.7 billion in revenue. Six of the 10 best-selling games included violence, and four carried a “mature” rating.


Franklin’s bill was formally introduced Monday and must be referred and approved by a committee before being considered on the House floor.


Gaming News Headlines – Yahoo! News





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William &#38; Kate and Harry's Gift List Reveals Riches from Their Travels









01/18/2013 at 08:20 AM EST



What's on the gift list when party-lover Prince Harry comes to visit you? Reach for the rum.

For the Duke and Duchess of Cambridge? How about matching bathrobes from a fabled hotel.

These are just some of the gifts received last year by the Princes and Kate during their travels on behalf of Queen Elizabeth. (For the full list, click here.)

While William, 30, was given a prized dagger by the King of Malaysia, he and Kate were handed robes by the historic Raffles Hotel in Singapore.

William & Kate and Harry's Gift List Reveals Riches from Their Travels| The British Royals, Kate Middleton, Prince Harry, Prince William

Prince Harry, with a kangaroo he was given by Australian athletes, with the Duchess of Cambridge

Landov

Gifts for Kate, 31, tended to be fashion choices, including eight handbags or clutch bags that came during the couple's tour of southeast Asia,. She was also presented with sarongs in the Solomon Islands, and a sari in Malaysia.

During his March visit to Brazil and the Caribbean, Harry, 28, was given Brazilian soccer shirts, local liquor and, in the Bahamas, a magnifying glass. The Governor of Rio handed him a Beatles CD and a book.

And, should he want to pimp up his ride back home, he can always display the personalized license plate saying "HARRY" that he received while he toured Brazil. You go, Harry.

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